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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income        
Loans and lease financing $ 105,701 $ 104,526 $ 210,058 $ 203,360
Available-for-sale securities 19,453 18,718 36,012 37,316
Other 1,907 1,184 4,803 1,959
Total interest income 127,061 124,428 250,873 242,635
Interest expense        
Deposits 6,541 5,422 12,970 10,966
Short-term borrowings and long-term debt 93 64 164 116
Total interest expense 6,634 5,486 13,134 11,082
Net interest income 120,427 118,942 237,739 231,553
Provision for loan and lease losses 1,900 2,250 2,600 4,850
Net interest income after provision for loan and lease losses 118,527 116,692 235,139 226,703
Noninterest income        
Service charges on deposit accounts 9,395 9,992 19,184 20,215
Credit and debit card fees 13,810 13,946 27,629 27,775
Other service charges and fees 8,914 10,081 18,141 19,735
Trust and investment services income 7,323 7,496 14,728 15,238
Bank-owned life insurance 3,792 2,344 6,148 5,399
Investment securities gains, net 3 5,859 25,731 10,862
Other 3,134 2,397 8,329 8,489
Total noninterest income 46,371 52,115 119,890 107,713
Noninterest expense:        
Salaries and employee benefits 41,955 42,068 86,656 84,294
Contracted services and professional fees 9,939 10,902 22,694 21,232
Occupancy 4,809 5,465 10,121 10,249
Equipment 4,116 3,635 7,943 7,101
Regulatory assessment and fees 2,846 2,387 5,323 4,720
Advertising and marketing 1,425 1,490 3,049 2,829
Card rewards program 2,729 4,831 6,231 8,411
Other 10,654 10,437 21,520 21,094
Total noninterest expense 78,473 81,215 163,537 159,930
Income before income taxes 86,425 87,592 191,492 174,486
Provision for income taxes 31,565 33,034 71,101 65,806
Net income $ 54,860 $ 54,558 $ 120,391 $ 108,680
Basic earnings per share (in dollars per share) $ 0.39 $ 0.39 $ 0.86 $ 0.78
Diluted earnings per share (in dollars per share) $ 0.39 $ 0.39 $ 0.86 $ 0.78
Basic and diluted weighted-average outstanding shares 139,459,620 139,459,620 139,459,620 139,459,620