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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Loans, including fees $ 114,368 $ 111,087 $ 340,303 $ 324,858
Securities:        
Taxable 25,897 27,518 77,402 85,607
Tax-exempt 53,065 49,518 154,308 144,117
Interest-bearing deposits 4,111 1,937 11,366 5,743
Federal funds sold and resell agreements 48 28 165 69
Total interest income 197,489 190,088 583,544 560,394
Interest expense:        
Deposits 1,749 2,138 5,309 7,076
Federal funds purchased and repurchase agreements 44 39 152 113
Junior subordinated deferrable interest debentures 839 689 2,392 2,016
Other long-term borrowings 350 241 958 696
Total interest expense 2,982 3,107 8,811 9,901
Net interest income 194,507 186,981 574,733 550,493
Provision for loan losses 5,045 6,810 42,734 17,845
Net interest income after provision for loan losses 189,462 180,171 531,999 532,648
Non-interest income:        
Trust and investment management fees 26,451 25,590 77,806 79,223
Service charges on deposit accounts 20,540 20,854 60,769 60,664
Insurance commissions and fees 11,029 11,763 35,812 36,528
Interchange and debit card transaction fees 5,435 5,031 15,838 14,591
Other charges, commissions and fees 10,703 10,016 29,825 28,570
Net gain (loss) on securities transactions (37) (52) 14,866 176
Other 7,993 10,176 21,358 25,823
Total non-interest income 82,114 83,378 256,274 245,575
Non-interest expense:        
Salaries and wages 79,411 79,552 236,814 232,257
Employee benefits 17,844 16,210 55,861 53,776
Net occupancy 18,202 17,380 53,631 48,890
Furniture and equipment 17,979 16,286 53,474 47,469
Deposit insurance 4,558 3,676 12,412 10,852
Intangible amortization 586 816 1,869 2,559
Other 41,925 41,649 125,048 124,516
Total non-interest expense 180,505 175,569 539,109 520,319
Income before income taxes 91,071 87,980 249,164 257,904
Income taxes 10,852 12,130 28,622 36,814
Net income 80,219 75,850 220,542 221,090
Preferred stock dividends 2,016 2,016 6,047 6,047
Net income available to common shareholders $ 78,203 $ 73,834 $ 214,495 $ 215,043
Earnings per common share:        
Basic $ 1.24 $ 1.18 $ 3.44 $ 3.41
Diluted $ 1.24 $ 1.17 $ 3.42 $ 3.39