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Condensed Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income:        
Loans, including fees $ 280,825 $ 134,953 $ 581,566 $ 402,175
Investment securities:        
Taxable 11,118 10,785 33,951 28,933
Tax-exempt 2,136 1,587 5,041 4,700
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 1,215 2,676 3,100 7,565
Total interest income 295,294 150,001 623,658 443,373
Interest expense:        
Deposits 15,154 16,655 42,215 50,693
Federal funds purchased and securities sold under agreements to repurchase 509 612 1,515 2,037
Corporate and subordinated debentures 5,034 1,397 8,197 4,332
Other borrowings 4,249 3,964 10,813 8,492
Total interest expense 24,946 22,628 62,740 65,554
Net interest income 270,348 127,373 560,918 377,819
Provision for credit losses 29,797 4,028 217,804 9,220
Net interest income after provision for credit losses 240,551 123,345 343,114 368,599
Noninterest income:        
Securities gains, net 15 437 15 2,687
Recoveries on acquired loans   1,401   4,615
Other 8,571 1,894 14,125 6,030
Total noninterest income 114,790 37,582 213,269 107,258
Noninterest expense:        
Salaries and employee benefits 134,919 59,551 277,617 176,529
Occupancy expense 23,845 11,883 52,091 35,344
Information services expense 18,855 8,878 40,317 26,558
OREO expense and loan related 1,146 597 2,840 2,229
Pension plan termination expense       9,526
Amortization of intangibles 9,560 3,268 17,232 9,817
Supplies, printing and postage expense 2,755 1,418 5,870 4,417
Professional fees 4,385 2,442 9,727 7,463
FDIC assessment and other regulatory charges 2,849 228 7,310 3,218
Advertising and marketing 1,203 1,052 2,548 2,818
Merger and branch consolidation related expense 21,662   66,070 3,058
Other 15,708 7,047 37,624 23,033
Total noninterest expense 236,887 96,364 519,246 304,010
Earnings:        
Income before provision for income taxes 118,454 64,563 37,137 171,847
Provision for income taxes 23,233 12,998 2,741 34,455
Net income $ 95,221 $ 51,565 $ 34,396 $ 137,392
Earnings per common share:        
Basic (in dollars per share) $ 1.34 $ 1.51 $ 0.70 $ 3.94
Diluted (in dollars per share) $ 1.34 $ 1.50 $ 0.69 $ 3.92
Weighted average common shares outstanding:        
Basic (in shares) 70,905 34,057 49,330 34,859
Diluted (in shares) 71,076 34,300 49,636 35,069
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 24,346 $ 19,725 $ 59,166 $ 56,274
Mortgage banking income        
Noninterest income:        
Noninterest income 48,022 6,115 81,040 13,807
Trust and investment services income        
Noninterest income:        
Noninterest income 7,404 7,320 21,931 22,309
Correspondent banking and capital market income        
Noninterest income:        
Noninterest income $ 26,432 $ 690 $ 36,992 $ 1,536