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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Loans, including fees $ 155,761 $ 146,398 $ 466,591 $ 435,270
Loans held for sale 323 176 731 494
Securities-taxable 21,782 23,631 68,788 66,095
Securities-tax exempt 3,780 839 8,593 2,564
Short-term investments 507 285 1,597 913
Total interest income 182,153 171,329 546,300 505,336
Interest expense:        
Deposits 12,590 8,933 36,926 23,680
Short-term borrowings 1,040 273 2,942 631
Long-term debt 5,010 5,293 15,114 14,246
Total interest expense 18,640 14,499 54,982 38,557
Net interest income 163,513 156,830 491,318 466,779
Provision for loan losses 18,972 10,080 96,204 22,842
Net interest income after provision for loan losses 144,541 146,750 395,114 443,937
Noninterest income:        
Service charges on deposit accounts 18,716 18,619 55,493 53,842
Trust fees 11,512 11,345 34,825 34,340
Bank card and ATM fees 11,808 11,637 35,110 34,688
Investment and annuity fees 4,289 6,149 14,265 16,037
Secondary mortgage market operations 4,917 3,413 12,005 9,695
Insurance commissions and fees 1,088 2,238 3,635 6,587
Amortization of FDIC loss share receivable (1,539) (1,564) (4,678) (4,034)
Other income 11,866 8,370 32,768 26,139
Securities transactions 351 4 1,465 337
Total noninterest income 63,008 60,211 184,888 177,631
Noninterest expense:        
Compensation expense 70,290 71,187 213,524 206,754
Employee benefits 12,873 12,968 42,591 41,472
Personnel expense 83,163 84,155 256,115 248,226
Net occupancy expense 10,068 11,222 30,818 34,203
Equipment expense 3,349 3,598 10,203 11,623
Data processing expense 14,590 13,844 43,167 41,412
Professional services expense 6,584 7,656 21,917 31,978
Amortization of intangibles 4,886 6,027 15,015 18,493
Telecommunications and postage 3,284 3,485 9,917 10,607
Deposit insurance and regulatory fees 5,969 4,225 17,415 12,033
Other real estate expense, net (5,214) 422 (4,096) 1,379
Other expense 22,379 16,559 55,561 53,671
Total noninterest expense 149,058 151,193 456,032 463,625
Income before income taxes 58,491 55,768 123,970 157,943
Income taxes 11,772 14,602 26,505 41,789
Net income $ 46,719 $ 41,166 $ 97,465 $ 116,154
Earnings per common share-basic $ 0.59 $ 0.52 $ 1.23 $ 1.45
Earnings per common share-diluted 0.59 0.52 1.23 1.45
Dividends paid per share $ 0.24 $ 0.24 $ 0.72 $ 0.72
Weighted average shares outstanding-basic 77,550 77,928 77,525 78,452
Weighted average shares outstanding-diluted 77,677 78,075 77,653 78,609