XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Loans, including fees $ 172,333 $ 138,400 $ 487,668 $ 392,073
Securities:        
Taxable 21,339 23,203 63,085 72,032
Tax-exempt 59,200 54,939 173,209 167,321
Interest-bearing deposits 14,445 10,800 42,456 26,712
Federal funds sold and resell agreements 1,399 244 3,575 514
Total interest income 268,716 227,586 769,993 658,652
Interest expense:        
Deposits 22,201 5,668 50,414 9,709
Federal funds purchased and repurchase agreements 2,292 523 3,557 849
Junior subordinated deferrable interest debentures 1,394 1,020 3,847 2,890
Other long-term borrowings 1,164 1,164 3,492 2,696
Total interest expense 27,051 8,375 61,310 16,144
Net interest income 241,665 219,211 708,683 642,508
Provision for loan losses 2,650 10,980 17,846 27,358
Net interest income after provision for loan losses 239,015 208,231 690,837 615,150
Non-interest income:        
Trust and investment management fees 30,801 27,493 89,509 81,690
Service charges on deposit accounts 21,569 20,967 63,554 62,934
Insurance commissions and fees 11,037 10,892 37,573 34,441
Interchange and debit card transaction fees 3,499 5,884 10,103 17,150
Other charges, commissions and fees 9,580 10,493 27,860 29,983
Net gain (loss) on securities transactions (34) (4,867) (113) (4,917)
Other 11,205 10,753 35,682 25,114
Total non-interest income 87,657 81,615 264,168 246,395
Non-interest expense:        
Salaries and wages 87,547 84,388 259,434 247,895
Employee benefits 18,355 17,730 58,257 57,553
Net occupancy 19,894 19,391 59,089 57,781
Technology, furniture and equipment 21,004 18,743 61,142 54,983
Deposit insurance 4,694 4,862 14,178 15,347
Intangible amortization 336 405 1,093 1,301
Other 41,838 41,304 125,994 127,929
Total non-interest expense 193,668 186,823 579,187 562,789
Income before income taxes 133,004 103,023 375,818 298,756
Income taxes 15,160 9,892 40,153 35,131
Net income 117,844 93,131 335,665 263,625
Preferred stock dividends 2,016 2,016 6,047 6,047
Net income available to common shareholders $ 115,828 $ 91,115 $ 329,618 $ 257,578
Earnings per common share:        
Basic $ 1.80 $ 1.43 $ 5.13 $ 4.02
Diluted $ 1.78 $ 1.41 $ 5.08 $ 3.98