|
Interest and fees on loans and leases
|
|
$120.4m
|
$185.0m
|
$235.5m
|
$208.8m
|
$223.0m
|
$273.4m
|
$441.0m
|
$502.4m
|
$511.2m
|
|
Interest on taxable securities
|
|
$14.9m
|
$19.0m
|
$25.2m
|
$25.9m
|
$19.7m
|
$21.9m
|
$27.4m
|
$39.8m
|
$48.4m
|
|
Interest on tax-exempt securities
|
|
$634k
|
$1.1m
|
$1.8m
|
$3.0m
|
$3.9m
|
$3.4m
|
$3.4m
|
$3.5m
|
$3.4m
|
|
Other interest and dividend income
|
|
$871k
|
$1.8m
|
$2.3m
|
$1.6m
|
$2.3m
|
$2.8m
|
$7.7m
|
$20.4m
|
$9.2m
|
|
Deposits
|
|
$7.7m
|
$19.3m
|
$36.3m
|
$16.6m
|
$4.5m
|
$19.8m
|
$121.4m
|
$192.4m
|
$167.7m
|
|
Other borrowings
|
|
—
|
$6.3m
|
$9.3m
|
$3.3m
|
$1.7m
|
$9.3m
|
$17.2m
|
$13.7m
|
$6.4m
|
|
Subordinated notes and debentures
|
|
—
|
$2.7m
|
$2.9m
|
$4.3m
|
$6.4m
|
$7.1m
|
$10.3m
|
$11.8m
|
$12.8m
|
|
Net interest income
|
|
$122.9m
|
$178.6m
|
$216.3m
|
$215.0m
|
$236.4m
|
$265.3m
|
$330.6m
|
$348.0m
|
$385.3m
|
|
PROVISION FOR CREDIT LOSSES
|
|
|
|
|
$56.7m
|
$973k
|
$23.9m
|
$31.7m
|
$27.0m
|
$36.1m
|
|
Net interest income after provision for credit losses
|
|
$110.3m
|
$159.8m
|
$195.6m
|
$159.0m
|
$234.9m
|
$241.5m
|
$299.0m
|
$321.0m
|
$349.2m
|
|
Fees and service charges on deposits
|
|
—
|
—
|
$6.5m
|
$6.5m
|
$7.3m
|
$8.2m
|
$9.2m
|
$10.2m
|
$10.9m
|
|
Loan servicing revenue
|
|
$122.9m
|
$178.6m
|
$10.7m
|
$11.3m
|
$12.7m
|
$13.5m
|
$13.5m
|
$12.9m
|
$12.3m
|
|
Loan servicing asset revaluation
|
|
—
|
—
|
($6.6m)
|
($5.0m)
|
($6.7m)
|
($11.7m)
|
($5.1m)
|
($6.7m)
|
($5.6m)
|
|
ATM and interchange fees
|
|
$4.8m
|
$4.3m
|
$3.8m
|
$4.2m
|
$4.5m
|
$4.4m
|
$4.5m
|
$4.5m
|
$4.1m
|
|
Net losses on sales of securities available-for-sale
|
|
$8k
|
$164k
|
$1.2m
|
$5.3m
|
$1.4m
|
$50k
|
$0
|
($699k)
|
($21k)
|
|
Change in fair value of equity securities, net
|
|
—
|
—
|
$1.4m
|
$729k
|
($62k)
|
($603k)
|
$1.1m
|
$1.1m
|
$795k
|
|
Net gains on sales of loans
|
|
$33.1m
|
$31.6m
|
$31.8m
|
$33.3m
|
$46.3m
|
$31.9m
|
$22.8m
|
$24.5m
|
$22.7m
|
|
Wealth management and trust income
|
|
—
|
$1.5m
|
$2.6m
|
$2.7m
|
$3.1m
|
$3.8m
|
$4.2m
|
$4.3m
|
$4.8m
|
|
Other non-interest income
|
|
$2.2m
|
$5.5m
|
$4.2m
|
$3.0m
|
$5.8m
|
$7.8m
|
$6.2m
|
$8.7m
|
$11.0m
|
|
Salaries and employee benefits
|
|
$67.3m
|
$80.4m
|
$95.3m
|
$89.8m
|
$101.2m
|
$118.1m
|
$127.0m
|
$140.1m
|
$150.4m
|
|
Impairment loss on assets held for sale
|
|
—
|
—
|
$569k
|
$4.8m
|
$12.3m
|
$372k
|
$2.0m
|
$0
|
$195k
|
|
Legal, audit, and other professional fees
|
|
$7.0m
|
$11.4m
|
$11.5m
|
$8.1m
|
$10.2m
|
$10.4m
|
$12.9m
|
$13.4m
|
$16.1m
|
|
Data processing
|
|
$9.5m
|
$18.2m
|
$13.7m
|
$10.9m
|
$11.8m
|
$13.4m
|
$19.5m
|
$16.9m
|
$19.4m
|
|
Regulatory assessments
|
|
$1.2m
|
$1.7m
|
$697k
|
$2.2m
|
$1.7m
|
$3.0m
|
$4.1m
|
$4.2m
|
$4.2m
|
|
Advertising and promotions
|
|
$1.0m
|
$1.7m
|
$3.4m
|
$1.3m
|
$1.8m
|
$2.8m
|
$3.8m
|
$5.0m
|
$5.6m
|
|
Telecommunications
|
|
$1.6m
|
$1.7m
|
$2.0m
|
$1.7m
|
$1.2m
|
$918k
|
$1.4m
|
$870k
|
$884k
|
|
PROVISION FOR INCOME TAXES
|
|
$19.1m
|
$14.2m
|
$20.3m
|
$14.2m
|
$31.4m
|
$26.7m
|
$37.8m
|
$40.3m
|
$43.2m
|
|
Total interest and dividend income
|
|
$136.8m
|
$207.0m
|
$264.8m
|
$239.2m
|
$248.9m
|
$301.6m
|
$479.5m
|
$565.9m
|
$572.2m
|
|
Total non-interest income
|
|
$49.0m
|
$50.5m
|
$55.5m
|
$62.1m
|
$74.3m
|
$57.3m
|
$56.3m
|
$58.9m
|
$60.9m
|
|
INCOME BEFORE PROVISION FOR INCOME TAXES
|
|
$40.8m
|
$55.4m
|
$77.3m
|
$51.7m
|
$124.2m
|
$114.7m
|
$145.7m
|
$161.1m
|
$173.3m
|
|
NET INCOME
|
|
$21.7m
|
$41.2m
|
$57.0m
|
$37.5m
|
$92.8m
|
$88.0m
|
$107.9m
|
$120.8m
|
$130.1m
|
|
Basic
|
|
$0.39
|
$1.21
|
$1.51
|
$0.96
|
$2.45
|
$2.37
|
$2.69
|
$2.78
|
$2.90
|
|
Diluted
|
|
$0.38
|
$1.18
|
$1.48
|
$0.96
|
$2.40
|
$2.34
|
$2.67
|
$2.75
|
$2.89
|
|
Occupancy expense, net
|
|
$14.1m
|
$15.8m
|
$16.7m
|
$19.4m
|
$16.6m
|
$13.2m
|
$14.0m
|
$14.7m
|
$14.5m
|
|
Equipment expense
|
|
$2.5m
|
$2.4m
|
$3.1m
|
$3.6m
|
$4.1m
|
$3.8m
|
$4.5m
|
$4.0m
|
$3.8m
|
|
Loan and lease related expenses
|
|
$3.7m
|
$6.1m
|
$8.0m
|
$6.0m
|
$6.0m
|
$1.7m
|
$2.9m
|
$2.8m
|
$3.6m
|
|
Net loss recognized on other real estate owned and other related expenses
|
|
($294k)
|
$235k
|
$665k
|
$1.8m
|
$1.1m
|
$708k
|
$385k
|
$568k
|
$1.1m
|
|
Other intangible assets amortization expense
|
|
$3.1m
|
$5.6m
|
$7.7m
|
$7.6m
|
$7.1m
|
$6.7m
|
$6.0m
|
$5.4m
|
$5.6m
|
|
Other non-interest expense
|
|
$7.8m
|
$9.5m
|
$11.0m
|
$17.0m
|
$10.0m
|
$9.2m
|
$10.9m
|
$10.9m
|
$11.4m
|
|
Total interest expense
|
|
$13.9m
|
$28.3m
|
$48.5m
|
$24.3m
|
$12.5m
|
$36.2m
|
$148.9m
|
$217.9m
|
$186.9m
|
|
Total non-interest expense
|
|
$118.5m
|
$154.9m
|
$173.8m
|
$169.4m
|
$185.0m
|
$184.1m
|
$209.6m
|
$218.8m
|
$236.9m
|