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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Loans, including fees $ 940,629 $ 825,862 $ 907,290
Loans held for sale 1,814 2,543 2,622
Securities-taxable 166,731 131,382 127,629
Securities-tax exempt 18,847 18,969 19,454
Short-term investments 9,042 3,502 986
Total interest income 1,137,063 982,258 1,057,981
Interest expense:      
Deposits 58,439 26,246 88,261
Short-term borrowings 16,191 6,015 10,042
Long-term debt 12,430 16,762 17,155
Total interest expense 87,060 49,023 115,458
Net interest income 1,050,003 933,235 942,523
Provision for credit losses (28,399) (77,494) 602,904
Net interest income after provision for credit losses 1,078,402 1,010,729 339,619
Noninterest income:      
Securities transactions (87) 333 488
Other income 53,911 74,801 56,385
Total noninterest income 331,486 364,334 324,428
Noninterest expense:      
Compensation expense 378,482 378,589 379,727
Employee benefits 82,153 103,786 84,332
Personnel expense 460,635 482,375 464,059
Net occupancy expense 48,767 49,786 52,589
Equipment expense 18,573 18,167 19,212
Data processing expense 103,942 96,755 87,823
Professional services expense 36,065 48,678 49,529
Amortization of intangibles 14,033 16,665 19,916
Deposit insurance and regulatory fees 14,889 13,582 18,804
Other real estate and foreclosed assets expense (income) (4,407) (210) 9,555
Other expense 58,195 81,209 67,305
Total noninterest expense 750,692 807,007 788,792
Income (loss) before income taxes 659,196 568,056 (124,745)
Income tax expense (benefit) 135,107 104,841 (79,571)
Net income (loss) $ 524,089 $ 463,215 $ (45,174)
Earnings (loss) per common share - basic $ 6.00 $ 5.23 $ (0.54)
Earnings (loss) per common share - diluted 5.98 5.22 (0.54)
Dividends paid per share $ 1.08 $ 1.08 $ 1.08
Weighted average shares outstanding - basic 86,068 86,823 86,533
Weighted average shares outstanding - diluted 86,394 87,027 86,533
Service charges on deposit accounts      
Noninterest income:      
Service charges on deposit accounts $ 87,663 $ 81,032 $ 76,659
Trust fees      
Noninterest income:      
Service charges on deposit accounts 65,132 62,898 58,191
Bank card and ATM fees      
Noninterest income:      
Service charges on deposit accounts 84,591 79,074 68,131
Investment and annuity fees and insurance commissions      
Noninterest income:      
Service charges on deposit accounts 28,752 29,502 24,330
Secondary mortgage market operations      
Noninterest income:      
Service charges on deposit accounts $ 11,524 $ 36,694 $ 40,244