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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans, including fees $ 741,747 $ 669,002 $ 534,804
Securities:      
Taxable 117,082 86,370 92,979
Tax-exempt 233,842 233,358 222,620
Interest-bearing deposits 35,590 56,968 41,608
Federal funds sold and resell agreements 5,524 5,500 936
Total interest income 1,133,785 1,051,198 892,947
Interest expense:      
Deposits 99,742 75,337 17,188
Federal funds purchased and repurchase agreements 19,675 8,021 1,522
Junior subordinated deferrable interest debentures 5,706 5,291 3,955
Other long-term borrowings 4,657 4,657 3,860
Total interest expense 129,780 93,306 26,525
Net interest income 1,004,005 957,892 866,422
Provision for loan losses 33,759 21,613 35,460
Net interest income after provision for loan losses 970,246 936,279 830,962
Non-interest income:      
Trust and investment management fees 126,722 119,391 110,675
Service charges on deposit accounts 88,983 85,186 84,182
Insurance commissions and fees 52,345 48,967 46,169
Interchange and debit card transaction fees 14,873 13,877 23,232
Other charges, commissions and fees 37,123 37,231 39,931
Net gain (loss) on securities transactions 293 (156) (4,941)
Other 43,563 46,790 37,222
Total non-interest income 363,902 351,286 336,470
Non-interest expense:      
Salaries and wages 375,029 350,312 337,068
Employee benefits 86,230 77,323 74,575
Net occupancy 89,466 76,788 75,971
Technology, furniture and equipment 91,995 83,102 74,335
Deposit insurance 10,126 16,397 20,128
Intangible amortization 1,168 1,424 1,703
Other 180,665 173,538 175,289
Total non-interest expense 834,679 778,884 759,069
Income before income taxes 499,469 508,681 408,363
Income taxes 55,870 53,763 44,214
Net income 443,599 454,918 364,149
Preferred stock dividends 8,063 8,063 8,063
Net income available to common shareholders $ 435,536 $ 446,855 $ 356,086
Earnings per common share:      
Basic (in dollars per share) $ 6.89 $ 6.97 $ 5.56
Diluted (in dollars per share) $ 6.84 $ 6.90 $ 5.51