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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income        
Interest and fees on loans $ 275,666 $ 174,643 $ 643,239 $ 522,920
Interest and dividends on investment securities        
Taxable 19,221 8,745 54,009 24,600
Tax-exempt 16,538 14,613 49,025 43,141
Other interest 3,284 2,281 7,696 5,802
Total interest income 314,708 200,282 753,969 596,462
Interest expense        
Interest on deposits 26,000 4,427 37,590 14,945
Interest on federal funds purchased and securities sold under agreements to repurchase 756 48 1,200 103
Interest on other short-term funding 1 8 2 21
Interest on FHLB advances 20,792 8,962 38,663 27,979
Interest on long-term funding 2,722 3,163 8,182 14,323
Total interest expense 50,270 16,607 85,637 57,371
Net interest income 264,439 183,675 668,332 539,092
Provision for credit losses 16,998 (24,010) 13,006 (82,018)
Net interest income after provision for credit losses 247,440 207,685 655,326 621,110
Noninterest income        
Noninterest Income In Scope of Topic 606 49,011 53,099 152,974 158,383
Capital markets, net 7,675 7,114 24,331 20,928
Mortgage banking, net 2,098 10,657 16,635 42,710
Bank and corporate owned life insurance 1,827 2,760 8,004 8,551
Asset gains, net 18 5,228 1,883 10,024
Investment securities gains (losses), net 5,664 0 5,676 (16)
Gains on sale of branches, net(a) 0 0 0 1,038
Other 2,527 2,205 6,613 8,425
Total noninterest income 70,788 82,076 220,713 250,862
Noninterest expense        
Personnel 118,243 107,880 335,720 318,900
Technology 22,694 19,927 65,401 60,902
Occupancy 13,717 15,814 43,948 46,649
Business development and advertising 6,778 6,156 17,388 15,522
Equipment 4,921 5,200 14,841 16,199
Legal and professional 4,159 4,304 14,118 17,495
Loan and foreclosure costs 1,631 1,616 5,121 6,508
FDIC assessment 5,800 5,000 16,300 13,350
Other intangible amortization 2,203 2,203 6,608 6,642
Other 15,645 9,793 31,057 25,547
Total noninterest expense 195,791 177,892 550,503 527,713
Income before income taxes 122,438 111,870 325,536 344,259
Income tax expense 26,163 23,060 68,176 70,142
Net income 96,275 88,809 257,360 274,117
Preferred stock dividends 2,875 4,155 8,625 14,236
Net income available to common equity $ 93,400 $ 84,655 $ 248,735 $ 259,880
Earnings per common share        
Basic $ 0.62 $ 0.56 $ 1.66 $ 1.70
Diluted $ 0.62 $ 0.56 $ 1.65 $ 1.69
Average common shares outstanding        
Basic 149,321 150,046 149,063 151,473
Diluted 150,262 151,143 150,205 152,701
Wealth management fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 $ 19,984 $ 22,110 $ 63,719 $ 67,229
Service charges and deposit account fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 15,029 16,962 48,392 47,366
Card-based fees        
Noninterest income        
Noninterest Income In Scope of Topic 606 11,512 11,147 32,933 31,920
Card-based fees 11,479 11,113 32,847 31,838
Other fee-based revenue        
Noninterest income        
Noninterest Income In Scope of Topic 606 2,486 2,880 7,930 11,868
Card-based fees $ 4,487 $ 3,929 $ 12,613 $ 12,769