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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income:        
Loans, including fees $ 138,400 $ 114,368 $ 392,073 $ 340,303
Securities:        
Taxable 23,203 25,897 72,032 77,402
Tax-exempt 54,939 53,065 167,321 154,308
Interest-bearing deposits 10,800 4,111 26,712 11,366
Federal funds sold and resell agreements 244 48 514 165
Total interest income 227,586 197,489 658,652 583,544
Interest expense:        
Deposits 5,668 1,749 9,709 5,309
Federal funds purchased and repurchase agreements 523 44 849 152
Junior subordinated deferrable interest debentures 1,020 839 2,890 2,392
Other long-term borrowings 1,164 350 2,696 958
Total interest expense 8,375 2,982 16,144 8,811
Net interest income 219,211 194,507 642,508 574,733
Provision for loan losses 10,980 5,045 27,358 42,734
Net interest income after provision for loan losses 208,231 189,462 615,150 531,999
Non-interest income:        
Trust and investment management fees 27,493 26,451 81,690 77,806
Service charges on deposit accounts 20,967 20,540 62,934 60,769
Insurance commissions and fees 10,892 11,029 34,441 35,812
Interchange and debit card transaction fees 5,884 5,435 17,150 15,838
Other charges, commissions and fees 10,493 10,703 29,983 29,825
Net gain (loss) on securities transactions (4,867) (37) (4,917) 14,866
Other 10,753 7,993 25,114 21,358
Total non-interest income 81,615 82,114 246,395 256,274
Non-interest expense:        
Salaries and wages 84,388 79,411 247,895 236,814
Employee benefits 17,730 17,844 57,553 55,861
Net occupancy 19,391 18,202 57,781 53,631
Furniture and equipment 18,743 17,979 54,983 53,474
Deposit insurance 4,862 4,558 15,347 12,412
Intangible amortization 405 586 1,301 1,869
Other 41,304 41,925 127,929 125,048
Total non-interest expense 186,823 180,505 562,789 539,109
Income before income taxes 103,023 91,071 298,756 249,164
Income taxes 9,892 10,852 35,131 28,622
Net income 93,131 80,219 263,625 220,542
Preferred stock dividends 2,016 2,016 6,047 6,047
Net income available to common shareholders $ 91,115 $ 78,203 $ 257,578 $ 214,495
Earnings per common share:        
Basic $ 1.43 $ 1.24 $ 4.02 $ 3.44
Diluted $ 1.41 $ 1.24 $ 3.98 $ 3.42