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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income        
Interest and fees on loans $ 309,161 $ 255,063 $ 606,148 $ 490,057
Mortgage loans held-for-sale 3,104 4,226 5,313 7,044
Interest bearing deposits with banks 5,206 3,243 10,506 6,039
Federal funds sold and securities purchased under resale agreements 0 1 0 1
Investment securities 27,721 19,888 55,677 39,016
Trading account securities 5 4 13 18
Federal Home Loan Bank and Federal Reserve Bank stock 1,439 1,455 2,794 2,753
Brokerage customer receivables 178 167 333 324
Total interest income 346,814 284,047 680,784 545,252
Interest expense        
Interest on deposits 67,024 35,293 128,000 61,842
Interest on Federal Home Loan Bank advances 4,193 4,263 6,643 7,902
Interest on other borrowings 3,525 1,698 7,158 3,397
Interest on subordinated notes 2,806 1,787 4,581 3,560
Interest on junior subordinated debentures 3,064 2,836 6,214 5,299
Total interest expense 80,612 45,877 152,596 82,000
Net interest income 266,202 238,170 528,188 463,252
Provision for credit losses 24,580 5,043 35,204 13,389
Net interest income after provision for credit losses 241,622 233,127 492,984 449,863
Non-interest income        
Wealth management 24,139 22,617 48,116 45,603
Mortgage banking 37,411 39,834 55,569 70,794
Total revenue from contracts with customers 40,065 37,411 79,447 75,591
Gains (losses) on investment securities, net 864 12 2,228 (339)
Fees from covered call options 643 669 2,427 2,266
Trading (losses) gains, net (44) 124 (215) 227
Operating lease income, net 11,733 8,746 22,529 18,437
Other 14,135 14,080 31,036 25,916
Total non-interest income 98,158 95,233 179,815 180,912
Non-interest expense        
Salaries and employee benefits 133,732 121,675 259,455 234,111
Equipment 12,759 10,527 24,529 20,599
Operating lease equipment depreciation 8,768 6,940 17,087 13,473
Occupancy, net 15,921 13,663 32,166 27,430
Data processing 6,204 8,752 13,729 17,245
Advertising and marketing 12,845 11,782 22,703 20,606
Professional fees 6,228 6,484 11,784 13,133
Amortization of other intangible assets 2,957 997 5,899 2,001
FDIC insurance 4,127 4,598 7,703 8,960
OREO expense, net 1,290 980 1,922 3,906
Other 24,776 20,371 47,004 39,654
Total non-interest expense 229,607 206,769 443,981 401,118
Income before taxes 110,173 121,591 228,818 229,657
Income tax expense 28,707 32,011 58,206 58,096
Net income 81,466 89,580 170,612 171,561
Preferred stock dividends 2,050 2,050 4,100 4,100
Net income applicable to common shares $ 79,416 $ 87,530 $ 166,512 $ 167,461
Net income per common share-Basic (usd per share) $ 1.40 $ 1.55 $ 2.94 $ 2.98
Net income per common share-Diluted (usd per share) 1.38 1.53 2.91 2.93
Cash dividends declared per common share (usd per share) $ 0.25 $ 0.19 $ 0.50 $ 0.38
Weighted average common shares outstanding (in shares) 56,662 56,299 56,596 56,218
Dilutive potential common shares (in shares) 699 928 700 909
Average common shares and dilutive common shares (in shares) 57,361 57,227 57,296 57,127
Service charges on deposit accounts        
Non-interest income        
Total revenue from contracts with customers $ 9,277 $ 9,151 $ 18,125 $ 18,008