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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      
Loans $ 687,771 $ 710,935 $ 616,037
Interest bearing balances due from banks and federal funds sold 4,383 7,486 5,996
Investment securities 64,533 63,376 53,460
Mortgage loans held for sale 3,031 1,326 1,336
TOTAL INTEREST INCOME 759,718 783,123 676,829
INTEREST EXPENSE      
Deposits 79,860 139,011 87,210
Federal funds purchased and securities sold under agreements to repurchase 1,715 1,010 423
Other borrowings 19,652 23,008 23,654
Subordinated notes and debentures 18,757 18,341 16,848
TOTAL INTEREST EXPENSE 119,984 181,370 128,135
NET INTEREST INCOME 639,734 601,753 548,694
Provision for credit losses 74,973 43,240 38,148
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 564,761 558,513 510,546
NON-INTEREST INCOME      
Investment banking income 2,681 2,313 3,141
Bank owned life insurance income 5,815 4,768 4,415
Gain on sale of securities, net 54,806 13,314 61
Other income 38,547 62,015 23,721
TOTAL NON-INTEREST INCOME 248,528 205,031 147,754
NON-INTEREST EXPENSE      
Salaries and employee benefits 242,474 227,795 216,743
Occupancy expense, net 37,556 32,008 29,610
Furniture and equipment expense 24,038 18,220 16,323
Other real estate and foreclosure expense 1,752 3,442 4,480
Deposit insurance 9,184 4,416 8,721
Merger related costs 4,531 36,379 4,777
Other operating expenses 173,960 138,852 111,575
TOTAL NON-INTEREST EXPENSE 493,495 461,112 392,229
INCOME BEFORE INCOME TAXES 319,794 302,432 266,071
Provision for income taxes 64,890 64,265 50,358
NET INCOME 254,904 238,167 215,713
Preferred stock dividends 52 339 0
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 254,852 $ 237,828 $ 215,713
Basic earnings per share (in dollars per share) $ 2.32 $ 2.42 $ 2.34
Diluted earnings per share (in dollars per share) $ 2.31 $ 2.41 $ 2.32
Trust income      
NON-INTEREST INCOME      
NON-INTEREST INCOME $ 27,705 $ 25,040 $ 23,128
Service charges on deposit accounts      
NON-INTEREST INCOME      
NON-INTEREST INCOME 43,082 44,782 42,508
Other service charges and fees      
NON-INTEREST INCOME      
NON-INTEREST INCOME 6,624 5,824 7,469
Mortgage lending income      
NON-INTEREST INCOME      
NON-INTEREST INCOME 34,469 15,017 9,230
SBA lending income      
NON-INTEREST INCOME      
NON-INTEREST INCOME 1,329 2,669 1,813
Debit and credit card fees      
NON-INTEREST INCOME      
NON-INTEREST INCOME $ 33,470 $ 29,289 $ 32,268