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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income        
Interest and fees on loans $ 159,294 $ 140,899 $ 308,222 $ 249,841
Interest on federal funds sold and other short-term investments 3,465 3,785 8,382 6,471
Interest and dividends on securities:        
Taxable 13,810 8,809 25,685 16,820
Tax-exempt 1,431 1,454 2,896 2,573
Total interest income 178,000 154,947 345,185 275,705
Interest expense        
Interest on deposits 19,076 12,586 34,733 21,054
Interest on short-term borrowings 464 415 885 719
Interest on long-term borrowings 9,338 5,701 16,402 10,067
Total interest expense 28,878 18,702 52,020 31,840
Net interest income 149,122 136,245 293,165 243,865
Provision for loan losses 6,204 8,251 11,382 14,150
Net interest income after provision for loan losses 142,918 127,994 281,783 229,715
Other income        
Fees from brokerage services 1,953 1,882 4,177 3,738
Income from bank-owned life insurance 1,271 1,258 2,525 2,475
Net investment securities (losses) gains (55) 747 (540) 4,687
Other income 544 954 987 1,315
Total other income 36,007 40,506 67,199 60,652
Other expense        
Employee compensation 43,120 56,030 83,956 80,063
Employee benefits 9,298 9,760 18,869 16,663
Net occupancy expense 9,076 13,913 18,503 20,697
Other real estate owned (OREO) expense 556 524 1,502 1,938
Equipment expense 3,279 2,471 6,436 4,436
Data processing expense 5,817 5,331 11,667 9,374
Bankcard processing expense 480 442 946 907
FDIC insurance expense 2,842 1,771 4,690 3,522
Other expense 18,942 21,895 37,293 37,379
Total other expense 93,410 112,137 183,862 174,979
Income before income taxes 85,515 56,363 165,120 115,388
Income taxes 19,241 19,304 37,140 39,520
Net income $ 66,274 $ 37,059 $ 127,980 $ 75,868
Earnings per common share:        
Basic $ 0.63 $ 0.37 $ 1.22 $ 0.84
Diluted 0.63 0.37 1.22 0.84
Dividends per common share $ 0.34 $ 0.33 $ 0.68 $ 0.66
Average outstanding shares:        
Basic 104,682,910 99,197,807 104,770,681 90,100,627
Diluted 104,952,788 99,620,045 105,058,014 90,570,289
Fees from Trust Services [Member]        
Other income        
Revenue from contract $ 3,104 $ 2,863 $ 6,195 $ 5,893
Fees from Deposit Services [Member]        
Other income        
Revenue from contract 8,420 8,528 16,650 16,234
Bankcard Fees and Merchant Discounts [Member]        
Other income        
Revenue from contract 1,479 1,216 2,835 2,100
Other Service Charges, Commissions, and Fees [Member]        
Other income        
Revenue from contract 599 521 1,108 998
Mortgage Banking [Member]        
Other income        
Revenue from contract $ 18,692 $ 22,537 $ 33,262 $ 23,212