Record total revenue of $321.3 million, an increase of $14.1 million, or 4.6%, led to record operating net income available to common stockholders (non-GAAP) of $110.2 million, an increase of $24.8 million, or 29.0%.

Non-interest income was a record $88.9 million, an increase of $8.8 million, or 11.0%, due to strong contributions from capital markets and wealth management, as well as increased Small Business Administration (SBA) premium income and higher service charges reflecting increased customer activity.

Period-end total loans and leases, excluding Paycheck Protection Program (PPP) loans, increased $867.6 million, or 3.7%, as commercial loans increased $622 million, or 4.1%, and consumer loans increased $246 million, or 3.0%, inclusive of the sale of $0.5 billion in indirect auto loans in November 2020.

The annualized net charge-offs to total average loans ratio was 0.03%, compared to 0.29%, with favorable asset quality trends across the loan portfolio.