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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 $ 52,509 $ 45,791 $ 104,159 $ 91,382
Interest and dividends on taxable investments 14,016 13,288 27,612 25,348
Interest on nontaxable investments 4,585 4,801 9,095 9,604
Total interest income 71,110 63,880 140,866 126,334
Interest expense:        
Interest on deposits 1,872 1,731 3,766 3,531
Interest on borrowings 210 294 497 494
Interest on subordinated debt held by unconsolidated subsidiary trusts 722 627 1,416 1,241
Total interest expense 2,804 2,652 5,679 5,266
Net interest income 68,306 61,228 135,187 121,068
Provision for loan losses 2,305 591 3,646 1,214
Net interest income after provision for loan losses 66,001 60,637 131,541 119,854
Noninterest revenues:        
Deposit service fees 15,008 13,213 28,742 25,683
Other banking services 1,597 799 3,176 1,854
Employee benefit services 11,671 11,322 23,682 22,397
Insurance revenues 5,797 325 11,638 724
Wealth management services 4,699 4,060 9,815 8,107
Total noninterest revenues 38,772 29,719 77,053 58,765
Noninterest expenses:        
Salaries and employee benefits 37,950 31,010 77,088 62,039
Occupancy and equipment 7,409 6,844 15,072 14,239
Data processing and communications 8,732 7,473 17,142 14,463
Amortization of intangible assets 1,403 880 2,845 1,799
Legal and professional fees 1,857 1,642 4,374 3,388
Office supplies and postage 1,846 1,517 3,623 3,097
Business development and marketing 2,149 2,258 4,163 3,822
FDIC insurance premiums 1,090 963 2,192 1,952
Acquisition expenses 263 361 340 756
Other expenses 3,657 3,100 7,186 6,441
Total noninterest expenses 66,356 56,048 134,025 111,996
Income before income taxes 38,417 34,308 74,569 66,623
Income taxes 12,560 10,468 24,309 20,486
Net income $ 25,857 $ 23,840 $ 50,260 $ 46,137
Basic earnings per share (in dollars per share) $ 0.58 $ 0.58 $ 1.14 $ 1.13
Diluted earnings per share (in dollars per share) 0.58 0.58 1.13 1.12
Cash dividends declared per share (in dollars per share) $ 0.31 $ 0.30 $ 0.62 $ 0.60