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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income:        
Loans, including fees $ 108,105 $ 110,605 $ 213,771 $ 214,920
Securities:        
Taxable 27,917 22,114 58,089 43,517
Tax-exempt 48,053 37,969 94,599 73,533
Interest-bearing deposits 1,836 2,681 3,806 5,085
Federal funds sold and resell agreements 21 23 41 43
Total interest income 185,932 173,392 370,306 337,098
Interest expense:        
Deposits 2,182 2,567 4,938 5,128
Federal funds purchased and repurchase agreements 38 34 74 61
Junior subordinated deferrable interest debentures 672 601 1,327 1,162
Other long-term borrowings 231 224 455 446
Total interest expense 3,123 3,426 6,794 6,797
Net interest income 182,809 169,966 363,512 330,301
Provision for loan losses 2,873 4,924 11,035 11,524
Net interest income after provision for loan losses 179,936 165,042 352,477 318,777
Non-interest income:        
Trust and investment management fees 26,472 26,748 53,633 52,159
Service charges on deposit accounts 20,033 20,462 39,810 40,436
Insurance commissions and fees 10,130 9,823 24,765 22,949
Interchange and debit card transaction fees 4,917 4,627 9,560 8,870
Other charges, commissions and fees 10,113 8,550 18,554 16,757
Net gain (loss) on securities transactions 0 2 228 2
Other 7,317 8,938 15,647 15,467
Total non-interest income 78,982 79,150 162,197 156,640
Non-interest expense:        
Salaries and wages 76,633 70,473 152,705 140,690
Employee benefits 17,339 14,806 37,566 32,194
Net occupancy 16,429 13,733 31,510 26,686
Furniture and equipment 15,649 15,207 31,183 30,160
Deposit insurance 3,563 3,145 7,176 6,262
Intangible amortization 849 783 1,743 1,472
Other 42,777 45,800 82,867 84,424
Total non-interest expense 173,239 163,947 344,750 321,888
Income before income taxes 85,679 80,245 169,924 153,529
Income taxes 12,602 13,541 24,684 25,637
Net income 73,077 66,704 145,240 127,892
Preferred stock dividends 2,015 2,015 4,031 4,031
Net income available to common shareholders $ 71,062 $ 64,689 $ 141,209 $ 123,861
Earnings per common share:        
Basic $ 1.12 $ 1.04 $ 2.23 $ 2.01
Diluted $ 1.11 $ 1.03 $ 2.22 $ 1.99