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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest income        
Interest and fees on loans $ 314,277 $ 271,134 $ 920,425 $ 761,191
Mortgage loans held-for-sale 3,478 5,285 8,791 12,329
Interest bearing deposits with banks 10,326 5,423 20,832 11,462
Federal funds sold and securities purchased under resale agreements 310 0 310 1
Investment securities 24,758 21,710 80,435 60,726
Trading account securities 20 11 33 29
Federal Home Loan Bank and Federal Reserve Bank stock 1,294 1,235 4,088 3,988
Brokerage customer receivables 164 164 497 488
Total interest income 354,627 304,962 1,035,411 850,214
Interest expense        
Interest on deposits 76,168 48,736 204,168 110,578
Interest on Federal Home Loan Bank advances 1,774 1,947 8,417 9,849
Interest on other borrowings 3,466 2,003 10,624 5,400
Interest on subordinated notes 5,470 1,773 10,051 5,333
Interest on junior subordinated debentures 2,897 2,940 9,111 8,239
Total interest expense 89,775 57,399 242,371 139,399
Net interest income 264,852 247,563 793,040 710,815
Provision for credit losses 10,834 11,042 46,038 24,431
Net interest income after provision for credit losses 254,018 236,521 747,002 686,384
Non-interest income        
Wealth management 23,999 22,634 72,115 68,237
Mortgage banking 50,864 42,014 106,433 112,808
Service charges on deposit accounts 40,834 38,722 120,281 114,313
Gains (losses) on investment securities, net 710 90 2,938 (249)
Fees from covered call options 0 627 2,427 2,893
Trading gains (losses), net 11 (61) (204) 166
Operating lease income, net 12,025 9,132 34,554 27,569
Other 17,556 16,163 48,592 42,079
Total non-interest income 115,137 99,930 294,952 280,842
Non-interest expense        
Salaries and employee benefits 141,024 123,855 400,479 357,966
Equipment 13,314 10,827 37,843 31,426
Operating lease equipment depreciation 8,907 7,370 25,994 20,843
Occupancy, net 14,991 14,404 47,157 41,834
Data processing 6,522 9,335 20,251 26,580
Advertising and marketing 13,375 11,120 36,078 31,726
Professional fees 8,037 9,914 19,821 23,047
Amortization of other intangible assets 2,928 1,163 8,827 3,164
FDIC insurance 148 4,205 7,851 13,165
OREO expense, net 1,170 596 3,092 4,502
Other 24,138 20,848 71,142 60,502
Total non-interest expense 234,554 213,637 678,535 614,755
Income before taxes 134,601 122,814 363,419 352,471
Income tax expense 35,480 30,866 93,686 88,962
Net income 99,121 91,948 269,733 263,509
Preferred stock dividends 2,050 2,050 6,150 6,150
Net income applicable to common shares $ 97,071 $ 89,898 $ 263,583 $ 257,359
Net income per common share-Basic (usd per share) $ 1.71 $ 1.59 $ 4.65 $ 4.57
Net income per common share-Diluted (usd per share) 1.69 1.57 4.60 4.50
Cash dividends declared per common share (usd per share) $ 0.25 $ 0.19 $ 0.75 $ 0.57
Weighted average common shares outstanding (in shares) 56,690 56,366 56,627 56,268
Dilutive potential common shares (in shares) 773 918 724 912
Average common shares and dilutive common shares (in shares) 57,463 57,284 57,351 57,180
Service charges on deposit accounts        
Non-interest income        
Service charges on deposit accounts $ 9,972 $ 9,331 $ 28,097 $ 27,339