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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest income:        
Loans, including fees $ 243,875 $ 224,332 $ 725,390 $ 645,340
Loans held for sale 592 268 1,189 784
Securities-taxable 32,724 32,482 94,107 92,566
Securities-tax exempt 5,058 5,461 15,715 16,488
Short-term investments 915 669 3,424 1,733
Total interest income 283,164 263,212 839,825 756,911
Interest expense:        
Deposits 49,220 34,190 145,201 91,019
Short-term borrowings 7,729 11,780 23,658 24,547
Long-term debt 3,276 3,048 8,905 9,940
Total interest expense 60,225 49,018 177,764 125,506
Net interest income 222,939 214,194 662,061 631,405
Provision for loan losses 12,421 6,872 38,552 28,016
Net interest income after provision for loan losses 210,518 207,322 623,509 603,389
Noninterest income:        
Other income 16,325 11,556 40,773 31,546
Total noninterest income 83,230 75,518 232,983 210,602
Noninterest expense:        
Compensation expense 93,858 84,389 265,573 244,374
Employee benefits 18,622 18,084 57,240 55,316
Personnel expense 112,480 102,473 322,813 299,690
Net occupancy expense 13,156 11,895 38,101 35,221
Equipment expense 4,685 4,520 13,706 12,328
Data processing expense 21,532 20,492 60,951 55,214
Professional services expense 17,704 9,555 35,537 32,191
Amortization of intangible assets 4,889 5,638 15,074 16,578
Deposit insurance and regulatory fees 3,995 8,345 14,156 24,669
Other real estate and foreclosed assets (income) expense 2,055 16 1,459 (63)
Other expense 33,058 18,253 71,024 60,552
Total noninterest expense 213,554 181,187 572,821 536,380
Income before income taxes 80,194 101,653 283,671 277,611
Income taxes 12,387 17,775 48,423 50,081
Net income $ 67,807 $ 83,878 $ 235,248 $ 227,530
Earnings per common share-basic $ 0.77 $ 0.96 $ 2.69 $ 2.62
Earnings per common share-diluted 0.77 0.96 2.69 2.61
Dividends paid per share $ 0.27 $ 0.27 $ 0.81 $ 0.75
Weighted average shares outstanding-basic 86,377 85,348 85,934 85,298
Weighted average shares outstanding-diluted 86,462 85,539 86,010 85,482
Service charges on deposit accounts        
Noninterest income:        
Service charges on deposit accounts $ 21,892 $ 21,377 $ 62,982 $ 63,806
Trust fees        
Noninterest income:        
Service charges on deposit accounts 15,098 16,738 46,126 39,726
Bank card and ATM fees        
Noninterest income:        
Service charges on deposit accounts 17,154 14,862 49,063 44,784
Investment and annuity fees and insurance commissions        
Noninterest income:        
Service charges on deposit accounts 7,048 6,652 20,167 19,041
Secondary mortgage market operations        
Noninterest income:        
Service charges on deposit accounts $ 5,713 $ 4,333 $ 13,872 $ 11,699