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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, including fees $ 113,349 $ 108,105 $ 225,935 $ 213,771
Securities:        
Taxable 25,531 27,917 51,505 58,089
Tax-exempt 50,910 48,053 101,243 94,599
Interest-bearing deposits 3,602 1,836 7,255 3,806
Federal funds sold and resell agreements 59 21 117 41
Total interest income 193,451 185,932 386,055 370,306
Interest expense:        
Deposits 1,773 2,182 3,560 4,938
Federal funds purchased and repurchase agreements 52 38 108 74
Junior subordinated deferrable interest debentures 803 672 1,553 1,327
Other long-term borrowings 321 231 608 455
Total interest expense 2,949 3,123 5,829 6,794
Net interest income 190,502 182,809 380,226 363,512
Provision for loan losses 9,189 2,873 37,689 11,035
Net interest income after provision for loan losses 181,313 179,936 342,537 352,477
Non-interest income:        
Trust and investment management fees 26,021 26,472 51,355 53,633
Service charges on deposit accounts 19,865 20,033 40,229 39,810
Insurance commissions and fees 9,360 10,130 24,783 24,765
Interchange and debit card transaction fees 5,381 4,917 10,403 9,560
Other charges, commissions and fees 10,069 10,113 19,122 18,554
Net gain (loss) on securities transactions 0 0 14,903 228
Other 7,321 7,317 13,365 15,647
Total non-interest income 78,017 78,982 174,160 162,197
Non-interest expense:        
Salaries and wages 78,106 76,633 157,403 152,705
Employee benefits 17,712 17,339 38,017 37,566
Net occupancy 18,242 16,429 35,429 31,510
Furniture and equipment 17,978 15,649 35,495 31,183
Deposit insurance 4,197 3,563 7,854 7,176
Intangible amortization 619 849 1,283 1,743
Other 42,591 42,777 83,123 82,867
Total non-interest expense 179,445 173,239 358,604 344,750
Income before income taxes 79,885 85,679 158,093 169,924
Income taxes 8,406 12,602 17,835 24,684
Net income 71,479 73,077 140,258 145,240
Preferred stock dividends 2,015 2,015 4,031 4,031
Net income available to common shareholders $ 69,464 $ 71,062 $ 136,227 $ 141,209
Earnings per common share:        
Basic $ 1.12 $ 1.12 $ 2.19 $ 2.23
Diluted $ 1.11 $ 1.11 $ 2.18 $ 2.22