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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income    
Interest and fees on loans $ 174,049 $ 224,786
Interest and dividends on investment securities    
Taxable 7,014 20,272
Tax-exempt 14,162 14,882
Other interest 1,694 3,304
Total interest income 196,920 263,244
Interest expense    
Interest on deposits 5,909 36,666
Interest on federal funds purchased and securities sold under agreements to repurchase 26 368
Interest on other short-term funding 6 36
Interest on FHLB advances 9,493 17,626
Interest on long-term funding 5,585 5,607
Total interest expense 21,018 60,303
Net interest income 175,902 202,942
Provision for credit losses (23,004) 53,001
Net interest income after provision for credit losses 198,906 149,941
Noninterest income    
Noninterest Income In Scope of Topic 606 51,762 71,348
Capital markets, net 8,118 7,935
Mortgage banking, net 23,925 6,143
Bank and corporate owned life insurance 2,702 3,094
Asset gains (losses), net 4,809 (77)
Investment securities gains (losses), net (39) 6,118
Gains on sale of branches, net(a) 1,002 0
Other 3,141 2,352
Total noninterest income 95,343 98,306
Noninterest expense    
Personnel 104,026 114,200
Technology 20,740 20,799
Occupancy 16,156 16,069
Business development and advertising 4,395 5,826
Equipment 5,518 5,439
Legal and professional 6,530 5,160
Loan and foreclosure costs 2,220 3,120
FDIC assessment 4,750 5,500
Other intangible amortization 2,236 2,814
Other 8,775 13,263
Total noninterest expense 175,347 192,191
Income (loss) before income taxes 118,903 56,056
Income tax expense (benefit) 24,602 10,219
Net income 94,301 45,838
Preferred stock dividends 5,207 3,801
Net income available to common equity $ 89,094 $ 42,037
Earnings per common share    
Basic $ 0.58 $ 0.27
Diluted $ 0.58 $ 0.27
Average common shares outstanding    
Basic 152,355 154,701
Diluted 153,688 155,619
Wealth management fees    
Noninterest income    
Noninterest Income In Scope of Topic 606 $ 22,414 $ 20,816
Service charges and deposit account fees    
Noninterest income    
Noninterest Income In Scope of Topic 606 14,855 15,222
Card-based fees    
Noninterest income    
Noninterest Income In Scope of Topic 606 9,764 9,607
Card-based fees 9,743 9,597
Other fee-based revenue    
Noninterest income    
Noninterest Income In Scope of Topic 606 4,653 3,096
Card-based fees 4,596 4,497
Insurance commissions and fess    
Noninterest income    
Noninterest Income In Scope of Topic 606 76 22,608
Operating Segments | Risk Management and Shared Services    
Interest expense    
Net interest income 14,465 20,261
Provision for credit losses (45,612) 35,720
Noninterest income    
Total noninterest income 6,184 6,223
Noninterest expense    
Total noninterest expense 20,275 24,110
Income (loss) before income taxes 26,427 (41,285)
Income tax expense (benefit) 6,737 (8,613)
Net income $ 19,690 $ (32,672)