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Consolidated Condensed Statements Of Income - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Interest and fees on loans $ 174,039,000 $ 150,555,000 $ 495,516,000 $ 447,735,000
Interest on investment securities available-for-sale 23,655,000 23,233,000 72,082,000 69,355,000
Interest on investment securities held-to-maturity 197,000 66,000 592,000 198,000
Interest on loans held-for-sale 1,445,000 1,311,000 3,904,000 4,152,000
Interest on trading securities 6,793,000 8,056,000 22,564,000 26,108,000
Interest on other earning assets 843,000 466,000 3,354,000 1,237,000
Total interest income 206,972,000 183,687,000 598,012,000 548,785,000
Interest on deposits:        
Savings 4,939,000 2,785,000 13,275,000 9,062,000
Time deposits 1,117,000 1,230,000 3,377,000 3,986,000
Other interest-bearing deposits 2,592,000 1,118,000 7,422,000 3,179,000
Certificates of deposit $100,000 and more 1,379,000 756,000 3,916,000 2,468,000
Interest on trading liabilities 3,331,000 4,258,000 11,152,000 11,942,000
Interest on short-term borrowings 1,254,000 664,000 3,585,000 2,436,000
Interest on term borrowings 7,165,000 9,314,000 21,752,000 28,644,000
Total interest expense 21,777,000 20,125,000 64,479,000 61,717,000
Net interest income 185,195,000 163,562,000 533,533,000 487,068,000
Provision for loan losses 4,000,000 1,000,000 11,000,000 8,000,000
Net interest income after provision for loan losses 181,195,000 162,562,000 522,533,000 479,068,000
Noninterest income:        
Fixed income 71,748,000 51,804,000 216,638,000 169,664,000
Deposit transactions and cash management 27,221,000 28,911,000 81,049,000 83,892,000
Brokerage, management fees and commissions 10,828,000 11,620,000 31,908,000 35,475,000
Trust services and investment management 6,885,000 6,590,000 20,674,000 20,704,000
Bankcard income 6,260,000 5,561,000 18,077,000 16,631,000
Bank-owned life insurance 3,997,000 4,135,000 11,129,000 10,988,000
Other service charges 3,004,000 2,968,000 8,713,000 8,859,000
Insurance commissions 1,262,000 608,000 2,301,000 1,858,000
Equity securities gains/(losses), net (Note 3) (200,000) (345,000) (181,000) (61,000)
Debt secutities gains/(losses), net (Note 3) 0 0 1,654,000 0
All other income and commissions (Note 7) 17,540,000 13,251,000 36,402,000 37,083,000
Total noninterest income 148,545,000 125,103,000 428,364,000 385,093,000
Adjusted gross income after provision for loan losses 329,740,000 287,665,000 950,897,000 864,161,000
Noninterest expense:        
Employee compensation, incentives, and benefits 145,103,000 116,219,000 425,624,000 375,633,000
Occupancy 12,722,000 13,282,000 38,062,000 37,264,000
Operations services 10,518,000 10,130,000 30,939,000 29,500,000
Computer software 10,400,000 11,010,000 33,213,000 33,292,000
Equipment rentals, depreciation, and maintenance 6,085,000 7,093,000 19,426,000 22,296,000
Advertising and public relations 6,065,000 4,832,000 15,519,000 13,914,000
FDIC premium expense 5,721,000 4,529,000 15,490,000 12,929,000
Professional fees 4,859,000 5,139,000 14,342,000 14,063,000
Legal fees 4,750,000 3,626,000 15,520,000 11,686,000
Communications and courier 3,883,000 4,054,000 10,672,000 11,731,000
Other insurance and taxes 2,625,000 3,283,000 8,952,000 10,067,000
Contract employment and outsourcing 2,443,000 3,414,000 7,365,000 11,335,000
Amortization of intangible assets 1,299,000 1,298,000 3,898,000 [1] 3,894,000 [1]
Foreclosed real estate 815,000 431,000 125,000 1,629,000
Repurchase and foreclosure provision (218,000) 0 (31,618,000) 0
All other expense (Note 7) 16,488,000 27,096,000 79,778,000 220,818,000
Total noninterest expense 233,558,000 215,436,000 687,307,000 810,051,000
Income/(loss) before income taxes 96,182,000 72,229,000 263,590,000 54,110,000
Provision/(benefit) for income taxes 28,547,000 8,897,000 82,802,000 8,226,000
Net income/(loss) 67,635,000 63,332,000 180,788,000 45,884,000
Net income attributable to noncontrolling interest 2,883,000 2,977,000 8,586,000 8,586,000
Net income/(loss) attributable to controlling interest 64,752,000 60,355,000 172,202,000 37,298,000
Preferred stock dividends 1,550,000 1,550,000 4,650,000 4,650,000
Net income/(loss) available to common shareholders $ 63,202,000 $ 58,805,000 $ 167,552,000 $ 32,648,000
Basic earnings/(loss) per share (Note 9) $ 0.27 $ 0.25 $ 0.72 $ 0.14
Diluted earnings/(loss) per share (Note 9) $ 0.27 $ 0.25 $ 0.71 $ 0.14
Weighted average common shares (Note 9) 231,856 233,111 232,690 232,910
Diluted average common shares (Note 9) 234,092 235,058 234,775 234,838
Cash dividends declared per common share $ 0.07 $ 0.06 $ 0.21 $ 0.18
[1] Represents customer lists, acquired contracts, core deposit intangibles, and covenants not to compete.