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CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Interest and fees on loans $ 331,938 $ 299,493
Interest on investment securities available-for-sale 31,843 32,847
Interest on investment securities held-to-maturity 131 131
Interest on loans held-for-sale 9,877 12,144
Interest on trading securities 13,548 14,408
Interest on other earning assets 13,278 4,332
Total interest income 400,615 363,355
Interest on deposits:    
Savings 39,914 14,900
Time deposits 20,254 9,525
Other interest-bearing deposits 22,042 10,608
Interest on trading liabilities 2,816 5,124
Interest on short-term borrowings 6,744 10,042
Interest on term borrowings 14,337 11,983
Total interest expense 106,107 62,182
Net interest income 294,508 301,173
Provision/(provision credit) for loan losses 9,000 (1,000)
Net interest income after provision/(provision credit) for loan losses 285,508 302,173
Noninterest income:    
Fixed income 53,749 45,506
Deposit transactions and cash management 31,621 35,984
Brokerage, management fees and commissions 12,633 13,483
Trust services and investment management 7,026 7,277
Bankcard income 6,015 6,445
Bank-owned life insurance (BOLI) 4,402 3,993
Debt securities gains/(losses), net 0 52
Equity securities gains/(losses), net (Note 3) 31 34
All other income and commissions (Note 8) 25,568 23,243
Total noninterest income 141,045 136,017
Adjusted gross income after provision/(provision credit) for loan losses 426,553 438,190
Noninterest expense:    
Employee compensation, incentives, and benefits 177,925 171,254
Occupancy 20,693 20,451
Computer software 15,139 15,132
Professional fees 12,299 12,272
Operations services 11,488 15,561
Equipment rentals, depreciation, and maintenance 8,829 10,018
Advertising and public relations 7,242 3,599
Communications and courier 6,453 8,232
Amortization of intangible assets 6,216 6,474
FDIC premium expense 4,273 8,614
Contract employment and outsourcing 3,371 4,053
Legal fees 2,831 2,345
Repurchase and foreclosure provision/(provision credit) (455) (72)
All other expense (Note 8) 19,786 35,332
Total noninterest expense 296,090 313,265
Income/(loss) before income taxes 130,463 124,925
Provision/(benefit) for income taxes 27,058 29,931
Net income/(loss) 103,405 94,994
Net income attributable to noncontrolling interest 2,820 2,820
Net income/(loss) attributable to controlling interest 100,585 92,174
Preferred stock dividends 1,550 1,550
Net income/(loss) available to common shareholders $ 99,035 $ 90,624
Basic earnings/(loss) per share (in dollars per share) $ 0.31 $ 0.28
Diluted earnings/(loss) per share (in dollars per share) $ 0.31 $ 0.27
Weighted average common shares (in shares) 317,435 326,489
Diluted average common shares (in shares) 319,581 330,344
Cash dividends declared per common share (in dollars per share) $ 0.14 $ 0.12