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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income        
Interest and fees on loans $ 167,831 $ 156,534 $ 482,330 $ 455,548
Interest bearing deposits with banks 372 409 993 977
Federal funds sold and securities purchased under resale agreements 1 12 4 22
Available-for-sale securities 16,130 12,767 44,601 39,190
Trading account securities 19 20 83 34
Federal Home Loan Bank and Federal Reserve Bank stock 821 733 2,375 2,171
Brokerage customer receivables 205 201 591 610
Total interest income 185,379 170,676 530,977 498,552
Interest expense        
Interest on deposits 12,436 12,298 36,246 35,980
Interest on Federal Home Loan Bank advances 2,458 2,641 6,426 7,989
Interest on other borrowings 1,045 200 2,620 1,460
Interest on subordinated notes 1,776 1,776 5,328 2,130
Interest on junior subordinated debentures 2,124 2,091 6,034 6,137
Total interest expense 19,839 19,006 56,654 53,696
Net interest income 165,540 151,670 474,323 444,856
Provision for credit losses 8,322 5,864 23,883 14,404
Net interest income after provision for credit losses 157,218 145,806 450,440 430,452
Non-interest income        
Wealth management 18,243 17,659 54,819 52,694
Mortgage banking 27,887 26,691 91,694 66,923
Service charges on deposit accounts 7,403 6,084 20,174 17,118
(Losses) gains on available-for-sale securities, net (98) (153) 402 (522)
Fees from covered call options 2,810 2,107 11,735 4,893
Trading (losses) gains, net (135) 293 (452) (1,102)
Other 8,843 5,271 28,135 17,579
Total non-interest income 64,953 57,952 206,507 157,583
Non-interest expense        
Salaries and employee benefits 97,749 85,976 282,300 247,873
Equipment 8,887 7,570 24,637 22,196
Occupancy, net 12,066 10,446 35,818 31,289
Data processing 8,127 4,765 19,656 14,023
Advertising and marketing 6,237 3,528 16,550 9,902
Professional fees 4,100 4,035 13,838 11,535
Amortization of other intangible assets 1,350 1,202 3,297 3,521
FDIC insurance 3,035 3,211 9,069 9,358
OREO expense, net (367) 581 1,885 7,047
Other 18,790 17,186 54,539 46,662
Total non-interest expense 159,974 138,500 461,589 403,406
Income before taxes 62,197 65,258 195,358 184,629
Income tax expense 23,842 25,034 74,120 71,364
Net income 38,355 40,224 121,238 113,265
Preferred stock dividends and discount accretion 4,079 1,581 7,240 4,743
Net income applicable to common shares $ 34,276 $ 38,643 $ 113,998 $ 108,522
Net income per common share-Basic $ 0.71 $ 0.83 $ 2.39 $ 2.34
Net income per common share-Diluted 0.69 0.79 2.29 2.23
Cash dividends declared per common share $ 0.11 $ 0.10 $ 0.33 $ 0.30
Weighted average common shares outstanding 48,158 46,639 47,658 46,453
Dilutive potential common shares 4,049 4,241 4,141 4,349
Average common shares and dilutive common shares 52,207 50,880 51,799 50,802