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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income        
Loans and leases, including fees $ 871,345 $ 672,092 $ 2,602,208 $ 1,981,904
Investment securities        
Fully taxable 84,893 93,062 274,092 272,163
Exempt from federal taxes 623 950 2,081 3,330
Deposits at banks 12,354 3,852 33,684 10,321
Other 300 70 905 749
Total interest income 969,515 770,026 2,912,970 2,268,467
Interest expense        
Interest-checking deposits 378 360 1,192 1,020
Savings deposits 23,689 10,937 59,714 31,517
Time deposits 27,886 3,643 79,075 11,073
Deposits at Cayman Islands office 204 151 578 448
Short-term borrowings 169 32 3,474 102
Long-term borrowings 58,849 62,076 174,814 188,764
Total interest expense 111,175 77,199 318,847 232,924
Net interest income 858,340 692,827 2,594,123 2,035,543
Provision for credit losses 47,000 44,000 128,000 112,000
Net interest income after provision for credit losses 811,340 648,827 2,466,123 1,923,543
Other income        
Mortgage banking revenues 103,747 84,035 275,193 288,238
Service charges on deposit accounts 107,935 107,259 314,212 314,860
Trust income 118,654 113,744 350,181 356,076
Brokerage services income 15,914 16,902 48,190 49,224
Trading account and foreign exchange gains 12,754 8,362 33,434 20,639
Gain (loss) on bank investment securities 28,480   28,748 (108)
Other revenues from operations 103,866 109,397 310,579 348,000
Total other income 491,350 439,699 1,360,537 1,376,929
Other expense        
Salaries and employee benefits 399,786 363,567 1,230,246 1,115,117
Equipment and net occupancy 75,263 68,470 225,165 201,792
Printing, postage and supplies 8,972 8,691 30,865 27,586
Amortization of core deposit and other intangible assets 9,787 4,090 33,524 16,848
FDIC assessments 28,459 11,090 76,054 32,551
Other costs of operations 230,125 197,908 682,528 642,925
Total other expense 752,392 653,816 2,278,382 2,036,819
Income before taxes 550,298 434,710 1,548,278 1,263,653
Income taxes 200,314 154,309 563,735 454,951
Net income 349,984 280,401 984,543 808,702
Net income available to common shareholders        
Basic 326,992 257,337 915,670 739,627
Diluted $ 326,998 $ 257,346 $ 915,686 $ 739,656
Net income per common share        
Basic $ 2.10 $ 1.94 $ 5.82 $ 5.59
Diluted 2.10 1.93 5.80 5.56
Cash dividends per common share $ 0.70 $ 0.70 $ 2.10 $ 2.10
Average common shares outstanding        
Basic 155,493 132,630 157,336 132,347
Diluted 156,026 133,376 157,843 133,089