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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest Income:      
Interest and fees on loans and leases $ 762,713 $ 789,719 $ 924,693
Taxable interest and dividends on securities 159,001 189,683 207,294
Non-taxable interest on securities 20,884 21,878 21,869
Loans held for sale 246 769 727
Interest income 942,844 1,002,049 1,154,583
Interest Expense:      
Deposits 20,131 67,897 129,577
Securities sold under agreements to repurchase and other borrowings 3,040 5,941 17,953
Federal Home Loan Bank advances 1,708 18,767 31,399
Long-term debt 16,876 18,051 20,527
Interest expense 41,755 110,656 199,456
Net interest income 901,089 891,393 955,127
(Benefit) provision for credit losses (54,500) 137,750 37,800
Net interest income (loss) after provision for loan and lease losses 955,589 753,643 917,327
Non-interest Income:      
Deposit service fees 162,710 156,032 168,022
Loan and lease related fees 36,658 29,127 31,327
Wealth and investment services 39,586 32,916 32,932
Mortgage banking activities 6,219 18,295 6,115
Increase in cash surrender value of life insurance policies 14,429 14,561 14,612
Net (gain) on sale of investment securities 0 8 29
Other income 63,770 34,338 32,278
Total non-interest income 323,372 285,277 285,315
Non-interest Expense:      
Compensation and benefits 419,989 428,391 395,402
Occupancy 55,346 71,029 57,181
Technology and equipment 112,831 112,273 105,283
Intangible assets amortization 4,513 4,160 3,847
Marketing 12,051 14,125 16,286
Professional and outside services 47,235 32,424 21,380
Deposit insurance 15,794 18,316 17,954
Other expense 77,341 78,228 98,617
Total non-interest expense 745,100 758,946 715,950
Income before income tax expense 533,861 279,974 486,692
Income tax expense 124,997 59,353 103,969
Net income 408,864 220,621 382,723
Preferred stock dividends (7,875) (7,875) (7,875)
Net income available to common shareholders, basic 400,989 212,746 374,848
Net income available to common shareholders, diluted $ 400,989 $ 212,746 $ 374,848
Earnings per common share:      
Earnings per common share, Basic (in dollars per share) $ 4.43 $ 2.35 $ 4.07
Earnings per common share, Diluted (in dollars per share) $ 4.42 $ 2.35 $ 4.06