XML 89 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
INTEREST REVENUE:      
Loans and leases $ 404,559us-gaap_InterestAndFeeIncomeLoansAndLeases $ 396,441us-gaap_InterestAndFeeIncomeLoansAndLeases $ 425,611us-gaap_InterestAndFeeIncomeLoansAndLeases
Deposits with other banks 532us-gaap_InterestIncomeDepositsWithFinancialInstitutions 1,694us-gaap_InterestIncomeDepositsWithFinancialInstitutions 1,711us-gaap_InterestIncomeDepositsWithFinancialInstitutions
Federal funds sold and securities purchased under agreement to resell     3us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell
Available-for-sale securities:      
Taxable 27,755us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale 33,286us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale 39,408us-gaap_InterestAndDividendIncomeSecuritiesAvailableForSale
Tax-exempt 14,462bxs_InterestAndDividendIncomeSecuritiesAvailableForSaleTaxExempt 15,547bxs_InterestAndDividendIncomeSecuritiesAvailableForSaleTaxExempt 16,658bxs_InterestAndDividendIncomeSecuritiesAvailableForSaleTaxExempt
Loans held for sale 2,949us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 2,539us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 3,033us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale
Total interest revenue 450,257us-gaap_InterestAndDividendIncomeOperating 449,507us-gaap_InterestAndDividendIncomeOperating 486,424us-gaap_InterestAndDividendIncomeOperating
Deposits:      
Interest bearing demand 7,851us-gaap_InterestExpenseDemandDepositAccounts 9,645us-gaap_InterestExpenseDemandDepositAccounts 16,111us-gaap_InterestExpenseDemandDepositAccounts
Savings 1,614us-gaap_InterestExpenseSavingsDeposits 1,705us-gaap_InterestExpenseSavingsDeposits 2,697us-gaap_InterestExpenseSavingsDeposits
Other time 20,675us-gaap_InterestExpenseTimeDeposits 29,729us-gaap_InterestExpenseTimeDeposits 39,797us-gaap_InterestExpenseTimeDeposits
Federal funds purchased and securities sold under agreement to repurchase 331us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 297us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 274us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Long-term debt 2,463us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 1,803us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 1,446us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
Junior subordinated debt 659us-gaap_InterestExpenseJuniorSubordinatedDebentures 7,376us-gaap_InterestExpenseJuniorSubordinatedDebentures 11,502us-gaap_InterestExpenseJuniorSubordinatedDebentures
Other 2us-gaap_InterestExpenseOther 3us-gaap_InterestExpenseOther 6us-gaap_InterestExpenseOther
Total interest expense 33,595us-gaap_InterestExpense 50,558us-gaap_InterestExpense 71,833us-gaap_InterestExpense
Net interest revenue 416,662us-gaap_InterestIncomeExpenseNet 398,949us-gaap_InterestIncomeExpenseNet 414,591us-gaap_InterestIncomeExpenseNet
Provision for credit losses   7,500us-gaap_ProvisionForLoanLeaseAndOtherLosses 28,000us-gaap_ProvisionForLoanLeaseAndOtherLosses
Net interest revenue, after provision for credit losses 416,662us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 391,449us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 386,591us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
NONINTEREST REVENUE:      
Mortgage lending 22,671us-gaap_FeesAndCommissionsMortgageBanking 44,977us-gaap_FeesAndCommissionsMortgageBanking 56,919us-gaap_FeesAndCommissionsMortgageBanking
Credit card, debit card and merchant fees 35,303us-gaap_FeesAndCommissionsCreditCards 33,005us-gaap_FeesAndCommissionsCreditCards 31,705us-gaap_FeesAndCommissionsCreditCards
Deposit service charges 50,622us-gaap_FeesAndCommissionsDepositorAccounts 52,905us-gaap_FeesAndCommissionsDepositorAccounts 56,877us-gaap_FeesAndCommissionsDepositorAccounts
Security gains, net 37us-gaap_TradingGainsLosses 46us-gaap_TradingGainsLosses 442us-gaap_TradingGainsLosses
Insurance commissions 114,842us-gaap_InsuranceCommissionsAndFees 97,700us-gaap_InsuranceCommissionsAndFees 90,138us-gaap_InsuranceCommissionsAndFees
Wealth management 23,531us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees 22,966us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees 20,872us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees
Other 22,140us-gaap_NoninterestIncomeOther 23,467us-gaap_NoninterestIncomeOther 23,196us-gaap_NoninterestIncomeOther
Total noninterest revenue 269,146us-gaap_NoninterestIncome 275,066us-gaap_NoninterestIncome 280,149us-gaap_NoninterestIncome
NONINTEREST EXPENSE:      
Salaries and employee benefits 307,828us-gaap_LaborAndRelatedExpense 306,696us-gaap_LaborAndRelatedExpense 304,624us-gaap_LaborAndRelatedExpense
Occupancy, net of rental income 41,345us-gaap_OccupancyNet 41,109us-gaap_OccupancyNet 42,140us-gaap_OccupancyNet
Equipment 16,869us-gaap_EquipmentExpense 18,386us-gaap_EquipmentExpense 20,849us-gaap_EquipmentExpense
Deposit insurance assessments 8,190us-gaap_FederalDepositInsuranceCorporationPremiumExpense 11,755us-gaap_FederalDepositInsuranceCorporationPremiumExpense 16,478us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Voluntary early retirement expense   10,850bxs_VoluntaryEarlyRetirementExpense  
Write-off and amortization of bond issue cost 48us-gaap_DebtIssuanceCosts 2,995us-gaap_DebtIssuanceCosts 153us-gaap_DebtIssuanceCosts
Other 144,126us-gaap_OtherNoninterestExpense 143,058us-gaap_OtherNoninterestExpense 164,949us-gaap_OtherNoninterestExpense
Total noninterest expense 518,406us-gaap_NoninterestExpense 534,849us-gaap_NoninterestExpense 549,193us-gaap_NoninterestExpense
Income before income taxes 167,402us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 131,666us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 117,547us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 50,652us-gaap_IncomeTaxExpenseBenefit 37,551us-gaap_IncomeTaxExpenseBenefit 33,252us-gaap_IncomeTaxExpenseBenefit
Net Income $ 116,750us-gaap_NetIncomeLoss $ 94,115us-gaap_NetIncomeLoss $ 84,295us-gaap_NetIncomeLoss
Earnings per share: Basic (in dollars per share) $ 1.22us-gaap_EarningsPerShareBasic $ 0.99us-gaap_EarningsPerShareBasic $ 0.90us-gaap_EarningsPerShareBasic
Earnings per share: Diluted (in dollars per share) $ 1.21us-gaap_EarningsPerShareDiluted $ 0.99us-gaap_EarningsPerShareDiluted $ 0.90us-gaap_EarningsPerShareDiluted