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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Loans and loans held for sale $ 162,977 $ 161,872 $ 325,255 $ 323,411
Investment securities:        
Taxable 33,350 32,175 66,499 64,125
Tax-exempt 5,013 5,327 10,274 11,353
Total investment securities interest 38,363 37,502 76,773 75,478
Total interest income 201,340 199,374 402,028 398,889
Deposits:        
Interest bearing 1,013 783 1,942 1,550
Savings and money market accounts 5,641 5,588 11,293 11,135
Certificates and other time deposits 3,116 2,510 6,405 4,687
Federal funds purchased and securities sold under agreements to repurchase 109 329 374 572
Wholesale borrowings 1,121 1,129 2,355 2,289
Long-term debt 4,262 3,917 8,425 7,915
Total interest expense 15,262 14,256 30,794 28,148
Net interest income 186,078 185,118 371,234 370,741
Provision for loan losses 6,391 8,966 14,200 17,214
Net interest income after provision for loan losses 179,687 176,152 357,034 353,527
Noninterest income:        
Trust department income 11,167 10,820 21,451 20,969
Service charges on deposits 16,263 16,704 31,849 32,372
Credit card fees 14,942 14,124 28,520 26,773
ATM and other service fees 6,427 6,345 12,661 12,444
Bank owned life insurance income 4,186 3,697 7,882 7,289
Investment services and insurance 3,851 3,871 7,756 7,575
Investment securities gains/(losses), net 2,164 567 2,459 921
Loan sales and servicing income 1,995 3,276 3,847 4,876
Other operating income 4,120 7,178 16,084 19,210
Total noninterest income 65,115 66,582 132,509 132,429
Noninterest expense:        
Salaries, wages, pension and employee benefits 86,789 86,020 172,669 176,546
Net occupancy expense 13,466 13,727 28,240 29,681
Equipment expense 12,078 12,592 24,486 23,617
Stationery, supplies and postage 2,945 3,370 6,564 6,898
Bankcard, loan processing and other costs 12,269 12,461 23,277 23,600
Professional services 4,467 5,358 12,818 9,368
Amortization of intangibles 2,304 2,598 4,608 5,196
FDIC insurance expense 5,192 5,077 10,637 10,244
Other operating expense 20,810 20,471 43,984 37,176
Total noninterest expense 160,320 161,674 327,283 322,326
Income before income tax expense 84,482 81,060 162,260 163,630
Income tax expense 26,173 24,476 49,815 49,907
Net income 58,309 56,584 112,445 113,723
Less: Net income allocated to participating shareholders 496 467 955 937
Preferred Stock dividends 1,469 1,469 2,938 2,938
Net income attributable to common shareholders 56,344 54,648 108,552 109,848
Net income used in diluted EPS calculation $ 56,344 $ 54,648 $ 108,552 $ 109,848
Weighted average number of common shares outstanding - basic 166,188 165,736 165,966 165,574
Weighted average number of common shares outstanding - diluted 166,807 166,277 166,563 166,089
Basic earnings per common share (in dollars per share) $ 0.34 $ 0.33 $ 0.65 $ 0.66
Diluted earnings per common share (in dollars per share) 0.34 0.33 0.65 0.66
Cash dividend per common share (in dollars per share) $ 0.17 $ 0.16 $ 0.34 $ 0.32