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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest Income        
Interest and fees on loans $ 169,426 $ 158,164 $ 335,497 $ 308,646
Interest and dividends on investment securities:        
Taxable 14,256 12,233 28,255 27,165
Tax-exempt 3,734 3,595 7,424 7,207
Dividends 1,316 1,616 2,796 3,355
Interest on federal funds sold and other short-term investments 296 146 653 366
Total interest income 189,028 175,754 374,625 346,739
Interest Expense        
Savings, NOW and money market 9,961 5,911 19,204 11,906
Time 9,223 8,128 18,808 16,102
Interest on short-term borrowings 3,120 207 4,992 301
Interest on long-term borrowings and junior subordinated debentures 15,269 25,331 32,013 50,167
Total interest expense 37,573 39,577 75,017 78,476
Net Interest Income 151,455 136,177 299,608 268,263
Provision for credit losses 1,429 4,500 2,229 4,500
Net Interest Income After Provision for Credit Losses 150,026 131,677 297,379 263,763
Non-Interest Income        
Trust and investment services 2,544 2,576 4,984 5,070
Insurance commissions 4,845 4,130 9,553 8,335
Service charges on deposit accounts 5,094 5,263 10,197 10,553
(Losses) gains on securities transactions, net (3) (92) 268 2,324
Fees from loan servicing 1,561 1,642 3,155 3,245
Gains on sales of loans, net 3,105 422 4,900 1,020
Gains on sales of assets, net 709 200 699 481
Bank owned life insurance 1,818 1,618 3,781 3,382
Change in FDIC loss-share receivable 1 595 (559) (3,325)
Other 4,590 3,846 8,734 7,760
Total non-interest income 24,264 20,200 45,712 38,845
Non-Interest Expense        
Salary and employee benefits expense 56,072 54,574 116,331 111,286
Net occupancy and equipment expense 22,168 22,132 44,957 44,332
FDIC insurance assessment 5,095 4,012 10,194 7,804
Amortization of other intangible assets 2,928 2,096 5,777 4,489
Professional and legal fees 5,472 4,059 9,367 7,400
Loss on extinguishment of debt 315 0 315 0
Amortization of tax credit investments 7,646 4,511 14,910 9,007
Telecommunication expense 2,294 2,045 4,680 4,051
Other 17,813 13,983 31,497 27,161
Total non-interest expense 119,803 107,412 238,028 215,530
Income Before Income Taxes 54,487 44,465 105,063 87,078
Income tax expense 15,460 12,474 29,849 24,746
Net Income 39,027 31,991 75,214 62,332
Dividends on preferred stock 1,797 0 3,594 0
Net Income Available to Common Shareholders $ 37,230 $ 31,991 $ 71,620 $ 62,332
Earnings Per Common Share:        
Basic (in usd per share) $ 0.15 $ 0.14 $ 0.28 $ 0.27
Diluted (in usd per share) 0.15 0.14 0.28 0.27
Cash Dividends Declared per Common Share (in usd per share) $ 0.11 $ 0.11 $ 0.22 $ 0.22
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 254,381,170 232,565,404 254,228,260 232,452,716
Diluted (in shares) 254,771,213 232,586,616 254,575,873 232,457,748