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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 211,467 $ 187,743 $ 185,527
Interest and dividends on taxable investments 56,201 52,871 50,247
Interest and dividends on nontaxable investments 17,519 19,008 20,446
Total interest income 285,187 259,622 256,220
Interest expense:      
Interest on deposits 7,325 6,971 8,191
Interest on borrowings 1,017 1,694 1,124
Interest on subordinated debt held by unconsolidated subsidiary trusts 2,949 2,537 2,477
Total interest expense 11,291 11,202 11,792
Net interest income 273,896 248,420 244,428
Provision for loan losses 8,076 6,447 7,178
Net interest income after provision for loan losses 265,820 241,973 237,250
Noninterest income:      
Deposit service fees 58,595 52,747 52,756
Other banking revenues 7,477 4,960 5,814
Employee benefit services 46,628 45,388 42,580
Insurance services 23,149 3,352 1,450
Wealth management services 19,776 16,856 16,420
Loss on sales of investment securities, net 0 (4) 0
Total noninterest income 155,625 123,299 119,020
Noninterest expenses:      
Salaries and employee benefits 151,647 126,356 123,077
Occupancy and equipment 30,078 27,593 27,948
Data processing and communications 34,501 30,430 29,294
Amortization of intangible assets 5,479 3,663 4,287
Legal and professional fees 8,455 6,813 7,247
Office supplies and postage 7,274 6,476 6,270
Business development and marketing 7,484 7,204 7,125
FDIC insurance premiums 3,671 3,962 3,899
Acquisition expenses 1,706 7,037 123
Other expenses 16,553 13,521 17,310
Total noninterest expenses 266,848 233,055 226,580
Income before income taxes 154,597 132,217 129,690
Income taxes 50,785 40,987 38,337
Net income $ 103,812 $ 91,230 $ 91,353
Basic earnings per share (in dollars per share) $ 2.34 $ 2.21 $ 2.24
Diluted earnings per share (in dollars per share) 2.32 2.19 2.22
Cash dividends declared per share (in dollars per share) $ 1.26 $ 1.22 $ 1.16