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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Loans, including fees $ 111,087 $ 116,078 $ 324,858 $ 330,998
Securities:        
Taxable 27,518 22,855 85,607 66,372
Tax-exempt 49,518 39,635 144,117 113,168
Interest-bearing deposits 1,937 2,960 5,743 8,045
Federal funds sold and resell agreements 28 20 69 63
Total interest income 190,088 181,548 560,394 518,646
Interest expense:        
Deposits 2,138 2,991 7,076 8,119
Federal funds purchased and repurchase agreements 39 35 113 96
Junior subordinated deferrable interest debentures 689 659 2,016 1,821
Other long-term borrowings 241 222 696 668
Total interest expense 3,107 3,907 9,901 10,704
Net interest income 186,981 177,641 550,493 507,942
Provision for loan losses 6,810 390 17,845 11,914
Net interest income after provision for loan losses 180,171 177,251 532,648 496,028
Non-interest income:        
Trust and investment management fees 25,590 26,807 79,223 78,966
Service charges on deposit accounts 20,854 20,819 60,664 61,255
Insurance commissions and fees 11,763 11,348 36,528 34,297
Interchange and debit card transaction fees 5,031 4,719 14,591 13,589
Other charges, commissions and fees 10,016 9,804 28,570 26,561
Net gain (loss) on securities transactions (52) 33 176 35
Other 10,176 7,332 25,823 22,799
Total non-interest income 83,378 80,862 245,575 237,502
Non-interest expense:        
Salaries and wages 79,552 73,756 232,257 214,446
Employee benefits 16,210 14,639 53,776 46,833
Net occupancy 17,380 14,049 48,890 40,735
Furniture and equipment 16,286 16,078 47,469 46,238
Deposit insurance 3,676 3,421 10,852 9,683
Intangible amortization 816 1,052 2,559 2,524
Other 41,649 40,856 124,516 125,280
Total non-interest expense 175,569 163,851 520,319 485,739
Income before income taxes 87,980 94,262 257,904 247,791
Income taxes 12,130 16,881 36,814 42,518
Net income 75,850 77,381 221,090 205,273
Preferred stock dividends 2,016 2,016 6,047 6,047
Net income available to common shareholders $ 73,834 $ 75,365 $ 215,043 $ 199,226
Earnings per common share:        
Basic $ 1.18 $ 1.19 $ 3.41 $ 3.20
Diluted $ 1.17 $ 1.18 $ 3.39 $ 3.18