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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME:    
Interest and fees on loans $ 39,584 $ 40,347
Interest on investment securities:    
Taxable 7,431 7,262
Exempt from federal income tax 11,492 10,666
Interest on federal funds sold and interest-bearing deposits in banks 276 60
Total interest income 58,783 58,335
INTEREST EXPENSE:    
Interest on deposits 1,590 1,053
Other 173 259
Total interest expense 1,763 1,312
Net interest income 57,020 57,023
PROVISION FOR LOAN LOSSES 1,950 2,328
Net interest income after provision for loan losses 55,070 54,695
NONINTEREST INCOME:    
Trust fees 6,017 4,655
Service charges on deposit accounts 4,550 4,413
ATM, interchange and credit card fees 6,164 5,680
Real estate mortgage operations 3,417 3,139
Net gain on sale of available-for-sale securities (includes $3 and $2 for the three months ended March 31, 2017 and 2016, respectively, related to accumulated other comprehensive earnings reclassifications) 3 2
Net gain on sale of foreclosed assets 41 76
Net gain on sale of assets 4 513
Interest on loan recoveries 154 633
Other 936 710
Total noninterest income 21,286 19,821
NONINTEREST EXPENSE:    
Salaries and employee benefits 23,259 22,590
Net occupancy expense 2,600 2,631
Equipment expense 3,437 3,380
FDIC insurance premiums 547 824
ATM, interchange and credit card expenses 1,713 1,687
Professional and service fees 1,817 1,564
Printing, stationery and supplies 438 503
Amortization of intangible assets 168 199
Operational and other losses 985 486
Other 7,188 7,217
Total noninterest expense 42,152 41,081
EARNINGS BEFORE INCOME TAXES 34,204 33,435
INCOME TAX EXPENSE (includes $1 and $1 for the three months ended March 31, 2017 and 2016, respectively, related to income tax expense reclassification) 7,605 7,739
NET EARNINGS $ 26,599 $ 25,696
EARNINGS PER SHARE, BASIC $ 0.40 $ 0.39
EARNINGS PER SHARE, ASSUMING DILUTION 0.40 0.39
DIVIDENDS PER SHARE $ 0.18 $ 0.16