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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income:        
Loans, including fees $ 189,848 $ 164,133 $ 375,120 $ 315,335
Securities:        
Taxable 30,324 21,188 55,003 41,746
Tax-exempt 58,596 57,298 117,739 114,009
Interest-bearing deposits 7,828 13,917 18,467 28,011
Federal funds sold and resell agreements 1,541 1,415 3,129 2,176
Total interest income 288,137 257,951 569,458 501,277
Interest expense:        
Deposits 26,844 17,575 54,018 28,213
Federal funds purchased and repurchase agreements 5,220 631 10,236 1,265
Junior subordinated deferrable interest debentures 1,478 1,311 2,976 2,453
Other long-term borrowings 1,164 1,164 2,328 2,328
Total interest expense 34,706 20,681 69,558 34,259
Net interest income 253,431 237,270 499,900 467,018
Provision for loan losses 6,400 8,251 17,403 15,196
Net interest income after provision for loan losses 247,031 229,019 482,497 451,822
Non-interest income:        
Trust and investment management fees 30,448 29,121 62,145 58,708
Service charges on deposit accounts 21,798 21,142 42,588 41,985
Insurance commissions and fees 10,118 10,556 28,524 26,536
Interchange and debit card transaction fees 3,868 3,446 7,148 6,604
Other charges, commissions and fees 8,933 9,273 17,995 18,280
Net gain (loss) on securities transactions 169 (60) 169 (79)
Other 7,304 11,588 20,854 24,477
Total non-interest income 82,638 85,066 179,423 176,511
Non-interest expense:        
Salaries and wages 90,790 85,204 183,266 171,887
Employee benefits 20,051 17,907 43,577 39,902
Net occupancy 21,133 19,455 40,400 39,195
Technology, furniture and equipment 22,157 20,459 43,821 40,138
Deposit insurance 2,453 4,605 5,261 9,484
Intangible amortization 305 369 630 757
Other 46,320 40,909 88,054 84,156
Total non-interest expense 203,209 188,908 405,009 385,519
Income before income taxes 126,460 125,177 256,911 242,814
Income taxes 14,874 13,836 28,829 24,993
Net income 111,586 111,341 228,082 217,821
Preferred stock dividends 2,015 2,015 4,031 4,031
Net income available to common shareholders $ 109,571 $ 109,326 $ 224,051 $ 213,790
Earnings per common share:        
Basic $ 1.73 $ 1.70 $ 3.53 $ 3.33
Diluted $ 1.72 $ 1.68 $ 3.51 $ 3.30