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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Loans, including fees $ 297,820 $ 297,283 $ 281,546
Investment securities:      
Taxable 79,533 88,008 100,095
Tax-exempt 10,356 11,319 11,767
Other interest income 205 144 191
Total interest income 387,914 396,754 393,599
Interest expense:      
Savings deposits 4,562 3,593 3,597
Time deposits 9,963 11,233 12,033
Securities sold under repurchase agreements 20,876 23,777 24,616
Other borrowings 3,128 1,615 2,033
Junior subordinated deferrable interest debentures 4,600 4,099 4,264
Total interest expense 43,129 44,317 46,543
Net interest income 344,785 352,437 347,056
Provision for probable loan losses 19,859 24,405 14,423
Net interest income after provision for probable loan losses 324,926 328,032 332,633
Non-interest income:      
Service charges on deposit accounts 73,581 78,825 88,586
Other service charges, commissions and fees      
Banking 46,267 44,971 44,435
Non-banking 7,006 7,223 7,463
Investment securities transactions, net (2,626) (3,682) 1,283
Other investments, net 23,827 16,969 22,023
Other income 13,647 11,428 14,558
Total non-interest income 161,702 155,734 178,348
Non-interest expense:      
Employee compensation and benefits 128,661 125,135 121,511
Occupancy 26,583 28,019 32,530
Depreciation of bank premises and equipment 24,738 25,009 24,013
Professional fees 13,672 12,278 10,925
Deposit insurance assessments 5,777 5,938 6,082
Net expense, other real estate owned 5,688 5,695 2,358
Amortization of identified intangible assets 128 644 2,389
Advertising 7,814 7,585 7,742
Early termination fee - securities sold under repurchase agreements 7,042 3,510 11,000
Software and software maintenance 15,087 11,225 9,824
Impairment charges (Total other-than-temporary impairment charges, $793 net of $1,147, $371, net of $1,325, and $(366), net of $(1,183), included in other comprehensive loss) 354 954 817
Other 54,081 50,932 51,852
Total non-interest expense 289,625 276,924 281,043
Income before income taxes 197,003 206,842 229,938
Provision for income taxes 63,071 70,116 76,787
Net income $ 133,932 $ 136,726 $ 153,151
Basic earnings per common share:      
Weighted average number of shares outstanding (in shares) 65,967,989 66,411,193 66,872,500
Net income (in dollars per share) $ 2.03 $ 2.06 $ 2.29
Fully diluted earnings per common share:      
Weighted average number of shares outstanding (in shares) 66,313,490 66,636,353 67,056,456
Net income (in dollars per share) $ 2.02 $ 2.05 $ 2.28