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Condensed Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income:        
Loans, including fees $ 167,707 $ 135,388 $ 300,741 $ 267,222
Investment securities:        
Taxable 10,920 9,551 22,835 18,148
Tax-exempt 1,505 1,617 2,904 3,113
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 432 3,426 1,884 4,889
Total interest income 180,564 149,982 328,364 293,372
Interest expense:        
Deposits 12,624 17,393 27,061 34,038
Federal funds purchased and securities sold under agreements to repurchase 391 673 1,006 1,426
Corporate and subordinated debentures 1,971 1,450 3,162 2,935
Other borrowings 3,021 3,287 6,564 4,527
Total interest expense 18,007 22,803 37,793 42,926
Net interest income 162,557 127,179 290,571 250,446
Provision for loan losses 151,474 3,704 188,007 5,192
Net interest income after provision for loan losses 11,083 123,475 102,564 245,254
Noninterest income:        
Securities gains, net   1,709   2,250
Recoveries on acquired loans   1,347   3,214
Other 2,092 1,933 5,554 4,137
Total noninterest income 54,347 37,618 98,479 69,676
Noninterest expense:        
Salaries and employee benefits 81,720 58,547 142,698 116,978
Occupancy expense 15,959 11,849 28,246 23,461
Information services expense 12,155 8,671 21,462 17,680
OREO expense and loan related 1,107 881 1,694 1,632
Pension plan termination expense   9,526   9,526
Amortization of intangibles 4,665 3,268 7,672 6,549
Supplies, printing and postage expense 1,610 1,495 3,115 2,999
Professional fees 2,848 2,781 5,342 5,021
FDIC assessment and other regulatory charges 2,403 1,455 4,461 2,990
Advertising and marketing 531 959 1,345 1,766
Merger and branch consolidation related expense 40,279 2,078 44,408 3,058
Other 11,835 7,897 21,917 15,986
Total noninterest expense 175,112 109,407 282,360 207,646
(Loss) earnings:        
(Loss) income before provision for income taxes (109,682) 51,686 (81,317) 107,284
(Benefit of) provision for income taxes (24,747) 10,226 (20,492) 21,457
Net (loss) income $ (84,935) $ 41,460 $ (60,825) $ 85,827
(Loss) earnings per common share:        
Basic (in dollars per share) $ (1.96) $ 1.18 $ (1.58) $ 2.43
Diluted (in dollars per share) $ (1.96) $ 1.17 $ (1.58) $ 2.42
Weighted average common shares outstanding:        
Basic (in shares) 43,318 35,089 38,439 35,268
Diluted (in shares) 43,318 35,300 38,439 35,461
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 16,679 $ 18,741 $ 34,820 $ 36,549
Mortgage banking income        
Noninterest income:        
Noninterest income 18,371 5,307 33,018 7,692
Trust and investment services income        
Noninterest income:        
Noninterest income 7,138 7,720 14,527 14,989
Correspondent banking and capital market income        
Noninterest income:        
Noninterest income $ 10,067 $ 861 $ 10,560 $ 845