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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest Income    
Interest and fees on loans $ 288,277 $ 237,586
Interest and dividends on investment securities:    
Taxable 22,876 21,323
Tax-exempt 4,804 5,721
Dividends 3,174 1,939
Interest on federal funds sold and other short-term investments 1,093 926
Total interest income 320,224 267,495
Interest on deposits:    
Savings, NOW and money market 36,283 22,317
Time 38,171 14,616
Interest on short-term borrowings 12,549 5,732
Interest on long-term borrowings and junior subordinated debentures 14,573 17,232
Total interest expense 101,576 59,897
Net Interest Income 218,648 207,598
Provision for credit losses 8,000 10,948
Net Interest Income After Provision for Credit Losses 210,648 196,650
Non-Interest Income    
Insurance commissions 2,525 3,821
Losses on securities transactions, net (32) (765)
Fees from loan servicing 2,430 2,223
Gains on sales of loans, net 4,576 6,753
Gains (losses) on sales of assets, net 77,720 (97)
Bank owned life insurance 1,887 1,763
Other 9,760 8,070
Total non-interest income 107,673 32,251
Non-Interest Expense    
Salary and employee benefits expense 83,105 93,292
Net occupancy and equipment expense 27,886 27,924
FDIC insurance assessment 6,121 5,498
Amortization of other intangible assets 4,311 4,293
Professional and legal fees 5,271 17,047
Amortization of tax credit investments 7,173 5,274
Telecommunication expense 2,268 3,594
Other 11,660 16,830
Total non-interest expense 147,795 173,752
Income Before Income Taxes 170,526 55,149
Income tax expense 57,196 13,184
Net Income 113,330 41,965
Dividends on preferred stock 3,172 3,172
Net Income Available to Common Shareholders $ 110,158 $ 38,793
Earnings Per Common Share:    
Basic (usd per share) $ 0.33 $ 0.12
Diluted (usd per share) 0.33 0.12
Cash Dividends Declared per Common Share (usd per share) $ 0.11 $ 0.11
Weighted Average Number of Common Shares Outstanding:    
Basic (in shares) 331,601,260 330,727,416
Diluted (in shares) 332,834,466 332,465,527
Trust and investment services    
Non-Interest Income    
Revenue from contracts with customer $ 2,904 $ 3,230
Service charges on deposit accounts    
Non-Interest Income    
Revenue from contracts with customer $ 5,903 $ 7,253