XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Loans, including fees $ 224,332 $ 199,702 $ 645,340 $ 566,663
Loans held for sale 268 216 784 669
Securities-taxable 32,482 26,616 92,566 74,385
Securities-tax exempt 5,461 5,608 16,488 16,643
Short-term investments 669 574 1,733 3,048
Total interest income 263,212 232,716 756,911 661,408
Interest expense:        
Deposits 34,190 21,789 91,019 52,972
Short-term borrowings 11,780 4,425 24,547 11,598
Long-term debt 3,048 3,645 9,940 12,573
Total interest expense 49,018 29,859 125,506 77,143
Net interest income 214,194 202,857 631,405 584,265
Provision for loan losses 6,872 13,040 28,016 43,982
Net interest income after provision for loan losses 207,322 189,817 603,389 540,283
Noninterest income:        
Service charges on deposit accounts 21,377 21,444 63,806 60,711
Trust fees 16,738 10,742 39,726 33,459
Bank card and ATM fees 14,862 13,390 44,784 39,545
Investment and annuity fees and insurance commissions 6,652 6,230 19,041 17,939
Secondary mortgage market operations 4,333 4,157 11,699 11,965
Other income 11,556 11,152 31,546 34,474
Total noninterest income 75,518 67,115 210,602 198,093
Noninterest expense:        
Compensation expense 84,389 82,242 244,374 237,486
Employee benefits 18,084 16,901 55,316 54,869
Personnel expense 102,473 99,143 299,690 292,355
Net occupancy expense 11,895 12,448 35,221 36,285
Equipment expense 4,520 3,779 12,328 11,457
Data processing expense 20,492 16,798 55,214 48,993
Professional services expense 9,555 10,062 32,191 31,691
Amortization of intangible assets 5,638 6,070 16,578 16,532
Telecommunications and postage 3,598 3,876 11,063 11,081
Deposit insurance and regulatory fees 8,345 7,883 24,669 21,356
Other real estate (income) expense 16 199 (63) (2,329)
Other expense 14,655 17,358 49,489 57,207
Total noninterest expense 181,187 177,616 536,380 524,628
Income before income taxes 101,653 79,316 277,611 213,748
Income taxes 17,775 20,414 50,081 53,565
Net income $ 83,878 $ 58,902 $ 227,530 $ 160,183
Earnings per common share-basic $ 0.96 $ 0.68 $ 2.62 $ 1.85
Earnings per common share-diluted 0.96 0.68 2.61 1.85
Dividends paid per share $ 0.27 $ 0.24 $ 0.75 $ 0.72
Weighted average shares outstanding-basic 85,348 84,749 85,298 84,577
Weighted average shares outstanding-diluted 85,539 84,980 85,482 84,818