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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest, fee and dividend income      
Interest and fees on loans $ 302,175 $ 307,859 $ 321,474
Securities available for sale 23,305 22,434 23,303
Securities held to maturity 12,551 15,283 19,105
Other 1,845 2,706 3,652
Total interest, fee and dividend income 339,876 348,282 367,534
Interest expense      
Deposits 10,714 22,070 39,986
Short-term borrowings 158 3,408 9,693
Long-term debt 389 1,553 1,875
Subordinated debt 5,437 2,842 0
Junior subordinated debt 2,090 2,731 4,425
Total interest expense 18,788 32,604 55,979
Net interest income 321,088 315,678 311,555
Provision for loan losses [1] (8,257) 51,134 25,412
Net interest income after provision for loan losses 329,345 264,544 286,143
Noninterest income      
Service charges on deposit accounts 13,348 13,201 17,151
ATM and debit card fees 31,301 25,960 23,893
Retirement plan administration fees 42,188 35,851 30,388
Wealth management 33,718 29,247 28,400
Insurance services 14,083 14,757 15,770
Bank owned life insurance income 6,217 5,743 5,355
Net securities gains (losses) 566 (388) 4,213
Other 16,373 21,905 18,853
Total noninterest income 157,794 146,276 144,023
Noninterest expense      
Salaries and employee benefits 172,580 161,934 156,867
Occupancy 21,922 21,634 22,706
Data processing and communications 16,989 16,527 18,318
Professional fees and outside services 16,306 15,082 14,785
Equipment 21,854 19,889 18,583
Office supplies and postage 6,006 6,138 6,579
FDIC expense 3,041 2,688 1,946
Advertising 2,521 2,288 2,773
Amortization of intangible assets 2,808 3,395 3,579
Loan collection and other real estate owned, net 2,915 3,295 4,158
Other 20,339 24,863 24,440
Total noninterest expense 287,281 277,733 274,734
Income before income tax expense 199,858 133,087 155,432
Income tax expense 44,973 28,699 34,411
Net income $ 154,885 $ 104,388 $ 121,021
Earnings per share      
Basic (in dollars per share) $ 3.57 $ 2.39 $ 2.76
Diluted (in dollars per share) $ 3.54 $ 2.37 $ 2.74
[1] Beginning January 1, 2020, calculation is based on current expected loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.