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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:        
Loans, including fees $ 131,073 $ 113,349 $ 253,673 $ 225,935
Securities:        
Taxable 23,527 25,531 48,829 51,505
Tax-exempt 55,435 50,910 112,382 101,243
Interest-bearing deposits 9,076 3,602 15,912 7,255
Federal funds sold and resell agreements 163 59 270 117
Total interest income 219,274 193,451 431,066 386,055
Interest expense:        
Deposits 2,173 1,773 4,041 3,560
Federal funds purchased and repurchase agreements 187 52 326 108
Junior subordinated deferrable interest debentures 962 803 1,870 1,553
Other long-term borrowings 1,164 321 1,532 608
Total interest expense 4,486 2,949 7,769 5,829
Net interest income 214,788 190,502 423,297 380,226
Provision for loan losses 8,426 9,189 16,378 37,689
Net interest income after provision for loan losses 206,362 181,313 406,919 342,537
Non-interest income:        
Trust and investment management fees 27,727 26,021 54,197 51,355
Service charges on deposit accounts 21,198 19,865 41,967 40,229
Insurance commissions and fees 9,728 9,360 23,549 24,783
Interchange and debit card transaction fees 5,692 5,381 11,266 10,403
Other charges, commissions and fees 9,898 10,069 19,490 19,122
Net gain (loss) on securities transactions (50) 0 (50) 14,903
Other 6,887 7,321 14,361 13,365
Total non-interest income 81,080 78,017 164,780 174,160
Non-interest expense:        
Salaries and wages 80,995 78,106 163,507 157,403
Employee benefits 18,198 17,712 39,823 38,017
Net occupancy 19,153 18,242 38,390 35,429
Furniture and equipment 18,250 17,978 36,240 35,495
Deposit insurance 5,570 4,197 10,485 7,854
Intangible amortization 438 619 896 1,283
Other 45,447 42,591 86,625 83,123
Total non-interest expense 188,051 179,445 375,966 358,604
Income before income taxes 99,391 79,885 195,733 158,093
Income taxes 13,838 8,378 25,239 17,770
Net income 85,553 71,507 170,494 140,323
Preferred stock dividends 2,015 2,015 4,031 4,031
Net income available to common shareholders $ 83,538 $ 69,492 $ 166,463 $ 136,292
Earnings per common share:        
Basic $ 1.30 $ 1.12 $ 2.59 $ 2.19
Diluted $ 1.29 $ 1.11 $ 2.57 $ 2.19