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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Interest and fees on loans $ 53,706 $ 47,040 $ 157,865 $ 138,422
Interest and dividends on taxable investments 13,344 13,454 40,956 38,802
Interest on nontaxable investments 4,272 4,790 13,367 14,394
Total interest income 71,322 65,284 212,188 191,618
Interest expense:        
Interest on deposits 1,776 1,694 5,542 5,225
Interest on borrowings 337 587 835 1,081
Interest on subordinated debt held by unconsolidated subsidiary trusts 746 640 2,161 1,881
Total interest expense 2,859 2,921 8,538 8,187
Net interest income 68,463 62,363 203,650 183,431
Provision for loan losses 1,790 1,906 5,436 3,120
Net interest income after provision for loan losses 66,673 60,457 198,214 180,311
Noninterest revenues:        
Deposit service fees 14,894 13,459 43,636 39,142
Other banking services 2,863 2,045 6,039 3,899
Employee benefit services 11,267 11,330 34,949 33,727
Insurance revenues 5,702 367 17,340 1,091
Wealth management services 5,226 4,185 15,041 12,292
Total noninterest revenues 39,952 31,386 117,005 90,151
Noninterest expenses:        
Salaries and employee benefits 38,300 31,179 115,388 93,218
Occupancy and equipment 7,373 6,652 22,445 20,891
Data processing and communications 8,744 7,643 25,886 22,106
Amortization of intangible assets 1,359 843 4,204 2,642
Legal and professional fees 1,928 1,564 6,302 4,952
Office supplies and postage 1,713 1,636 5,336 4,733
Business development and marketing 2,004 1,889 6,167 5,711
FDIC insurance premiums 707 968 2,899 2,920
Acquisition expenses 2 562 342 1,318
Other expenses 4,096 3,143 11,282 9,584
Total noninterest expenses 66,226 56,079 200,251 168,075
Income before income taxes 40,399 35,764 114,968 102,387
Income taxes 13,239 10,742 37,548 31,228
Net income $ 27,160 $ 25,022 $ 77,420 $ 71,159
Basic earnings per share (in dollars per share) $ 0.61 $ 0.61 $ 1.75 $ 1.74
Diluted earnings per share (in dollars per share) 0.61 0.60 1.74 1.72
Cash dividends declared per share (in dollars per share) $ 0.32 $ 0.31 $ 0.94 $ 0.91