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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest Income        
Interest and fees on loans $ 265,870 $ 185,864 $ 751,146 $ 541,937
Interest and dividends on investment securities:        
Taxable 21,362 17,922 64,907 54,439
Tax-exempt 5,023 3,752 16,383 11,726
Dividends 3,981 2,657 9,648 6,945
Interest on federal funds sold and other short-term investments 805 546 2,570 1,156
Total interest income 297,041 210,741 844,654 616,203
Interest on deposits:        
Savings, NOW and money market 28,775 15,641 75,848 38,538
Time 20,109 10,852 51,360 30,571
Interest on short-term borrowings 15,193 5,161 31,838 14,578
Interest on long-term borrowings and junior subordinated debentures 16,164 15,142 50,458 41,883
Total interest expense 80,241 46,796 209,504 125,570
Net Interest Income 216,800 163,945 635,150 490,633
Provision for credit losses 6,552 1,640 24,642 7,742
Net Interest Income After Provision for Credit Losses 210,248 162,305 610,508 482,891
Non-Interest Income        
Insurance commissions 3,646 4,519 11,493 13,938
(Losses) gains on securities transactions, net (79) 6 (880) 5
Fees from loan servicing 2,573 1,895 6,841 5,541
Gains on sales of loans, net 3,748 5,520 18,143 14,439
Bank owned life insurance 2,545 1,541 6,960 5,705
Other 6,865 4,896 26,637 17,177
Total non-interest income 29,038 26,997 99,358 81,547
Non-Interest Expense        
Salary and employee benefits expense 80,778 69,286 253,014 198,777
Net occupancy and equipment expense 26,295 22,756 81,120 68,400
FDIC insurance assessment 7,421 4,603 20,963 14,658
Amortization of other intangible assets 4,697 2,498 13,607 7,596
Professional and legal fees 6,638 11,110 29,022 20,107
Amortization of tax credit investments 5,412 8,389 15,156 21,445
Telecommunication expense 3,327 2,464 9,936 7,830
Other 17,113 11,459 52,531 33,943
Total non-interest expense 151,681 132,565 475,349 372,756
Income Before Income Taxes 87,605 56,737 234,517 191,682
Income tax expense 18,046 17,088 50,191 55,873
Net Income 69,559 39,649 184,326 135,809
Dividends on preferred stock 3,172 2,683 9,516 6,277
Net Income Available to Common Shareholders $ 66,387 $ 36,966 $ 174,810 $ 129,532
Earnings Per Common Share:        
Basic (usd per share) $ 0.20 $ 0.14 $ 0.53 $ 0.49
Diluted (usd per share) 0.20 0.14 0.53 0.49
Cash Dividends Declared per Common Share (usd per share) $ 0.11 $ 0.11 $ 0.33 $ 0.33
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 331,486,500 264,058,174 331,180,213 263,938,786
Diluted (in shares) 333,000,242 264,936,220 332,694,080 264,754,845
Trust and investment services        
Non-Interest Income        
Revenue from contracts with customer $ 3,143 $ 3,062 $ 9,635 $ 8,606
Service charges on deposit accounts        
Non-Interest Income        
Revenue from contracts with customer $ 6,597 $ 5,558 $ 20,529 $ 16,136