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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income      
Loans $ 435,464 $ 466,432 $ 501,336
Securities      
Taxable 24,732 24,224 29,875
Tax-exempt 6,800 6,287 5,477
Other 1,689 1,189 5,892
Total interest income 468,685 498,132 542,580
Interest expense      
Deposits 28,976 54,016 81,995
Borrowings 15,708 17,319 16,928
Total interest expense 44,684 71,335 98,923
Net interest income 424,001 426,797 443,657
(Recovery of) provision for credit losses on loans (1,700) 85,350 7,050
Provision for credit losses on HTM securities 32 0 0
Provision for other credit losses 0 1,500 0
(Recovery of) provision for credit losses (1,668) 86,850 7,050
Net interest income after provision for credit losses 425,669 339,947 436,607
Noninterest income      
Service charges on deposit accounts 36,569 31,326 35,972
Fees and commissions 15,732 13,043 19,430
Insurance commissions 9,841 8,990 8,919
Wealth management revenue 20,455 16,504 14,433
Mortgage banking income 109,604 150,499 57,896
Swap termination gains 4,676 0 0
Swap termination charges 0 2,040 0
Net gains on sales of securities 2,170 46 348
BOLI income 7,366 5,627 6,109
Other 20,571 9,497 10,147
Total noninterest income 226,984 235,532 153,254
Noninterest expense      
Salaries and employee benefits 280,627 302,388 250,784
Data processing 21,726 20,685 19,679
Net occupancy and equipment 46,837 54,080 49,553
Other real estate owned 253 2,754 2,013
Professional fees 11,776 11,293 10,166
Advertising and public relations 12,203 10,322 11,607
Intangible amortization 6,042 7,121 8,105
Communications 8,869 8,866 8,858
Merger and conversion related expenses 0 0 279
Restructuring charges 368 7,365 0
Swap termination charges 0 2,040 0
Debt prepayment penalty 6,123 121 54
Other 35,002 44,953 13,076
Total noninterest expense 429,826 471,988 374,174
Income before income taxes 222,827 103,491 215,687
Income taxes 46,935 19,840 48,091
Net income $ 175,892 $ 83,651 $ 167,596
Basic earnings per share (usd per share) $ 3.13 $ 1.49 $ 2.89
Diluted earnings per share (usd per share) 3.12 1.48 2.88
Cash dividends per common share (usd per share) $ 0.88 $ 0.88 $ 0.87