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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income:      
Interest and fees on loans and leases $ 789,719 $ 924,693 $ 842,449
Taxable interest and dividends on securities 189,683 207,294 191,493
Non-taxable interest on securities 21,878 21,869 20,597
Loans held for sale 769 727 628
Interest income 1,002,049 1,154,583 1,055,167
Interest Expense:      
Deposits 67,897 129,577 90,407
Securities sold under agreements to repurchase and other borrowings 5,941 17,953 13,491
Federal Home Loan Bank advances 18,767 31,399 33,461
Long-term debt 18,051 20,527 11,127
Interest expense 110,656 199,456 148,486
Net interest income 891,393 955,127 906,681
Provision for credit losses 137,750 37,800 42,000
Net interest income (loss) after provision for loan and lease losses 753,643 917,327 864,681
Non-interest Income:      
Deposit service fees 156,032 168,022 162,183
Loan and lease related fees 29,127 31,327 32,025
Wealth and investment services 32,916 32,932 32,843
Mortgage banking activities 18,295 6,115 4,424
Increase in cash surrender value of life insurance policies 14,561 14,612 14,614
Gain on the sale of investment securities, net 8 29 0
Other income 34,338 32,278 36,479
Total non-interest income 285,277 285,315 282,568
Non-interest Expense:      
Compensation and benefits 428,391 395,402 381,496
Occupancy 71,029 57,181 59,463
Technology and equipment 112,273 105,283 97,877
Intangible assets amortization 4,160 3,847 3,847
Marketing 14,125 16,286 16,838
Professional and outside services 32,424 21,380 20,300
Deposit insurance 18,316 17,954 34,749
Other expense 78,228 98,617 91,046
Total non-interest expense 758,946 715,950 705,616
Income before income tax expense 279,974 486,692 441,633
Income tax expense 59,353 103,969 81,215
Net income 220,621 382,723 360,418
Preferred stock dividends and other (9,147) (9,738) (8,715)
Earnings applicable to common shareholders $ 211,474 $ 372,985 $ 351,703
Earnings per common share:      
Earnings per common share, Basic (in dollars per share) $ 2.35 $ 4.07 $ 3.83
Earnings per common share, Diluted (in dollars per share) $ 2.35 $ 4.06 $ 3.81