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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Interest and fees on loans $ 561,083 $ 543,842
Interest on investment securities available for sale 46,197 48,208
Interest on investment securities held to maturity 6,795 6,702
Interest on federal funds sold, securities purchased under agreements to resell and interest bearing deposits 4,365 996
Interest on trading account assets 14,321 9,614
Total interest income 632,761 609,362
Interest expense:    
Interest on deposits 77,815 69,653
Interest on FHLB and other borrowings 18,012 19,106
Interest on federal funds purchased and securities sold under agreements to repurchase 6,157 1,326
Interest on other short-term borrowings 13,896 10,248
Total interest expense 115,880 100,333
Net interest income 516,881 509,029
Provision for loan losses 113,245 42,031
Net interest income after provision for loan losses 403,636 466,998
Noninterest income:    
Service charges on deposit accounts 51,492 53,284
Card and merchant processing fees 29,742 26,183
Retail investment sales 22,567 25,146
Investment banking and advisory fees 23,604 30,334
Asset management fees 8,805 8,096
Corporate and correspondent investment sales 4,413 6,259
Mortgage banking (3,434) 8,159
Bank owned life insurance 4,416 4,788
Investment securities gains, net 8,353 32,832
Loss on prepayment of FHLB and other borrowings, net 0 (2,549)
Other 76,621 56,738
Total noninterest income 226,579 249,270
Noninterest expense:    
Salaries, benefits and commissions 278,035 259,262
Equipment 60,136 58,141
Professional services 55,694 46,559
Net occupancy 39,120 39,280
FDIC indemnification expense 4,710 28,789
Amortization of intangibles 4,093 10,687
Securities impairment:    
Other-than-temporary impairment 0 372
Less: non-credit portion recognized in other comprehensive income 0 87
Securities impairment 0 285
Other 131,331 79,716
Total noninterest expense 573,119 522,719
Net income before income tax expense 57,096 193,549
Income tax expense 22,618 51,782
Net income 34,478 141,767
Less: net income attributable to noncontrolling interests 528 657
Net income attributable to BBVA Compass Bancshares, Inc. 33,950 141,110
Less: preferred stock dividends 3,219 0
Net income attributable to common shareholder $ 30,731 $ 141,110