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Consolidated Statement of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
INTEREST INCOME:      
Interest and fees on loans $ 161,018 $ 151,662 $ 136,684
Interest on investment securities:      
Taxable 27,626 29,673 28,402
Exempt from federal income tax 43,302 40,080 33,081
Interest on federal funds sold and interest-bearing deposits in banks 342 208 372
Total interest income 232,288 221,623 198,539
INTEREST EXPENSE:      
Interest on deposits 4,503 3,642 3,883
Other 948 446 298
Total interest expense 5,451 4,088 4,181
Net interest income 226,837 217,535 194,358
PROVISION FOR LOAN LOSSES 10,212 9,685 4,465
Net interest income after provision for loan losses 216,625 207,850 189,893
NONINTEREST INCOME:      
Trust fees 19,636 19,252 18,766
Service charges on deposit accounts 18,386 17,171 16,910
ATM, interchange and credit card fees 23,910 21,860 19,427
Real estate mortgage operations 16,086 10,409 6,511
Net gain (loss) on sale of available-for-sale securities (includes $1,270, $432 and ($4) for the years ended December 31, 2016, 2015 and 2014, respectively, related to accumulated comprehensive earnings reclassifications) 1,270 432 (4)
Net gain on sale of foreclosed assets 456 538 904
Net gain (loss) on sale of assets 168 (820) 10
Interest on loan recoveries 2,112 1,050 601
Other 3,108 3,540 3,499
Total noninterest income 85,132 73,432 66,624
NONINTEREST EXPENSE:      
Salaries and employee benefits 90,739 80,999 70,456
Loss from partial settlement of pension plan 267   2,909
Net occupancy expense 10,420 10,314 9,100
Equipment expense 13,479 12,222 10,740
FDIC insurance premiums 2,680 3,153 2,725
ATM, interchange and credit card expenses 7,231 6,384 6,870
Professional and service fees 6,877 4,831 4,295
Printing, stationery and supplies 2,093 2,278 2,637
Amortization of intangible assets 738 561 275
Other 31,306 28,722 27,918
Total noninterest expense 165,830 149,464 137,925
EARNINGS BEFORE INCOME TAXES 135,927 131,818 118,592
INCOME TAX EXPENSE (includes $445, $151 and ($1) for the years ended December 31, 2016, 2015 and 2014, respectively, related to income tax expense from reclassification items) 31,153 31,437 29,033
NET EARNINGS $ 104,774 $ 100,381 $ 89,559
NET EARNINGS PER SHARE, BASIC $ 1.59 $ 1.55 $ 1.40
NET EARNINGS PER SHARE, ASSUMING DILUTION $ 1.59 $ 1.54 $ 1.39