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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income        
Interest and fees on loans $ 174,643 $ 182,625 $ 522,920 $ 599,306
Interest and dividends on investment securities        
Taxable 8,745 13,689 24,600 50,064
Tax-exempt 14,613 14,523 43,141 44,021
Other interest 2,281 2,238 5,802 7,774
Total interest income 200,282 213,075 596,462 701,165
Interest expense        
Interest on deposits 4,427 10,033 14,945 59,877
Interest on federal funds purchased and securities sold under agreements to repurchase 48 34 103 454
Interest on other short-term funding 8 5 21 46
Interest on PPPLF funding 0 899 0 1,574
Interest on FHLB advances 8,962 14,375 27,979 47,471
Interest on long-term funding 3,163 5,580 14,323 16,780
Total interest expense 16,607 30,925 57,371 126,201
Net interest income 183,675 182,150 539,092 574,964
Provision for credit losses (24,010) 43,009 (82,018) 157,009
Net interest income after provision for credit losses 207,685 139,141 621,110 417,954
Noninterest income        
Noninterest Income In Scope of Topic 606 53,099 49,243 158,383 187,524
Capital markets, net 7,114 7,222 20,928 22,067
Mortgage banking, net 10,657 12,636 42,710 31,043
Bank and corporate owned life insurance 2,760 3,074 8,551 9,793
Asset gains (losses), net(a) 5,228 (339) 10,024 156,945
Investment securities gains (losses), net 0 7 (16) 9,222
Gains on sale of branches, net(b) 0 0 1,038 0
Other 2,116 2,232 8,176 7,321
Total noninterest income 82,076 75,545 250,862 428,342
Noninterest expense        
Personnel 107,880 108,567 318,900 334,117
Technology 19,927 19,666 60,902 61,639
Occupancy 15,814 17,854 46,649 48,386
Business development and advertising 6,156 3,626 15,522 13,007
Equipment 5,200 5,399 16,199 16,150
Legal and professional 4,304 5,591 17,495 15,809
Loan and foreclosure costs 1,616 2,118 6,508 8,842
FDIC assessment 5,000 3,900 13,350 14,650
Other intangible amortization 2,203 2,253 6,642 7,939
Loss on prepayments of FHLB advances 0 44,650 0  
Other 9,793 13,963 25,547 37,993
Total noninterest expense 177,892 227,587 527,713 603,184
Income (loss) before income taxes 111,870 (12,900) 344,259 243,112
Income tax expense (benefit) 23,060 (58,114) 70,142 3,342
Net income 88,809 45,214 274,117 239,769
Preferred stock dividends 4,155 5,207 14,236 13,152
Net income available to common equity $ 84,655 $ 40,007 $ 259,880 $ 226,618
Earnings per common share        
Basic $ 0.56 $ 0.26 $ 1.70 $ 1.47
Diluted $ 0.56 $ 0.26 $ 1.69 $ 1.46
Average common shares outstanding        
Basic 150,046 152,440 151,473 153,175
Diluted 151,143 153,194 152,701 153,914
Wealth management fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 $ 22,110 $ 21,152 $ 67,229 $ 62,884
Service charges and deposit account fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 16,962 14,283 47,366 40,989
Card-based fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 11,147 10,207 31,920 28,736
Card-based fees 11,113 10,195 31,838 28,685
Other fee-based revenue        
Noninterest income        
Noninterest Income In Scope of Topic 606 2,792 3,487 11,618 9,764
Card-based fees 3,929 4,968 12,769 14,240
Insurance commissions and fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 88 114 250 45,153
Risk Management and Shared Services        
Noninterest expense        
Loss on prepayments of FHLB advances     44,650  
Risk Management and Shared Services | ABRC        
Noninterest income        
Gains on sale of branches, net(b)     163,000  
Operating Segments | Risk Management and Shared Services        
Interest expense        
Net interest income 19,047 16,472 49,511 54,662
Provision for credit losses (43,107) 21,679 (144,717) 99,257
Noninterest income        
Total noninterest income 3,077 5,182 12,457 176,646
Noninterest expense        
Total noninterest expense 24,478 72,813 64,490 106,610
Income (loss) before income taxes 21,962 (89,005) 83,529 (19,895)
Income tax expense (benefit) 6,129 (72,278) 20,705 (46,817)
Net income $ 15,833 $ (16,727) $ 62,824 $ 26,922