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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans $ 253,949 $ 211,467 $ 187,743
Interest and dividends on taxable investments 60,159 56,201 52,871
Interest and dividends on nontaxable investments 15,347 17,519 19,008
Total interest income 329,455 285,187 259,622
Interest expense:      
Interest on deposits 8,031 7,325 6,971
Interest on borrowings 1,845 1,017 1,694
Interest on subordinated debt held by unconsolidated subsidiary trusts 3,904 2,949 2,537
Total interest expense 13,780 11,291 11,202
Net interest income 315,675 273,896 248,420
Provision for loan losses 10,984 8,076 6,447
Net interest income after provision for loan losses 304,691 265,820 241,973
Noninterest revenues:      
Deposit service fees 67,896 58,595 52,747
Other banking revenues 5,466 7,477 4,960
Employee benefit services 80,830 46,628 45,388
Insurance services 26,150 23,149 3,352
Wealth management services 22,079 19,776 16,856
Gain/(loss) on sales of investment securities, net 2 0 (4)
Total noninterest revenues 202,423 155,625 123,299
Noninterest expenses:      
Salaries and employee benefits 179,993 151,647 126,356
Occupancy and equipment 35,561 30,078 27,593
Data processing and communications 37,579 34,501 30,430
Amortization of intangible assets 16,941 5,479 3,663
Legal and professional fees 11,576 8,455 6,813
Office supplies and postage 7,506 7,274 6,476
Business development and marketing 9,994 7,484 7,204
FDIC insurance premiums 3,473 3,671 3,962
Acquisition expenses 25,986 1,706 7,037
Other expenses 18,540 16,553 13,521
Total noninterest expenses 347,149 266,848 233,055
Income before income taxes 159,965 154,597 132,217
Income taxes 9,248 50,785 40,987
Net income $ 150,717 $ 103,812 $ 91,230
Basic earnings per share (in dollars per share) $ 3.07 $ 2.34 $ 2.21
Diluted earnings per share (in dollars per share) 3.03 2.32 2.19
Cash dividends declared per share (in dollars per share) $ 1.32 $ 1.26 $ 1.22