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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income:        
Loans, including fees $ 243,233 $ 215,161 $ 481,515 $ 421,008
Loans held for sale 344 295 597 516
Securities-taxable 30,244 30,783 61,383 60,084
Securities-tax exempt 5,211 5,490 10,657 11,027
Short-term investments 1,346 575 2,509 1,064
Total interest income 280,378 252,304 556,661 493,699
Interest expense:        
Deposits 49,843 29,870 95,981 56,829
Short-term borrowings 7,847 7,416 15,929 12,767
Long-term debt 2,820 3,471 5,629 6,892
Total interest expense 60,510 40,757 117,539 76,488
Net interest income 219,868 211,547 439,122 417,211
Provision for loan losses 8,088 8,891 26,131 21,144
Net interest income after provision for loan losses 211,780 202,656 412,991 396,067
Noninterest income:        
Other income 14,980 10,505 24,448 19,990
Total noninterest income 79,250 68,832 149,753 135,084
Noninterest expense:        
Compensation expense 87,747 79,885 171,715 159,985
Employee benefits 18,888 17,358 38,618 37,232
Personnel expense 106,635 97,243 210,333 197,217
Net occupancy expense 12,961 12,316 24,945 23,326
Equipment expense 4,342 4,262 9,021 7,808
Data processing expense 20,088 18,273 39,419 34,722
Professional services expense 9,665 13,381 17,833 22,636
Amortization of intangible assets 5,047 5,322 10,185 10,940
Deposit insurance and regulatory fees 4,755 8,376 10,161 16,324
Other real estate (income) expense 395 (289) (596) (79)
Other expense 19,679 25,518 37,966 42,299
Total noninterest expense 183,567 184,402 359,267 355,193
Income before income taxes 107,463 87,086 203,477 175,958
Income taxes 19,186 15,909 36,036 32,306
Net income $ 88,277 $ 71,177 $ 167,441 $ 143,652
Earnings per common share-basic $ 1.01 $ 0.82 $ 1.92 $ 1.65
Earnings per common share-diluted 1.01 0.82 1.92 1.65
Dividends paid per share $ 0.27 $ 0.24 $ 0.54 $ 0.48
Weighted average shares outstanding-basic 85,728 85,305 85,708 85,273
Weighted average shares outstanding-diluted 85,835 85,483 85,810 85,451
Service charges on deposit accounts        
Noninterest income:        
Service charges on deposit accounts $ 20,723 $ 20,981 $ 41,090 $ 42,429
Trust fees        
Noninterest income:        
Service charges on deposit accounts 15,904 11,653 31,028 22,988
Bank card and ATM fees        
Noninterest income:        
Service charges on deposit accounts 16,619 15,464 31,909 29,922
Investment and annuity fees and insurance commissions        
Noninterest income:        
Service charges on deposit accounts 6,591 6,264 13,119 12,389
Secondary mortgage market operations        
Noninterest income:        
Service charges on deposit accounts $ 4,433 $ 3,965 $ 8,159 $ 7,366