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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans, including fees $ 971,735 $ 877,875 $ 772,030
Loans held for sale 1,876 946 851
Securities-taxable 127,459 124,720 102,013
Securities-tax exempt 20,757 21,951 22,235
Short-term investments 3,955 2,776 3,452
Total interest income 1,125,782 1,028,268 900,581
Interest expense:      
Deposits 187,988 130,715 76,546
Short-term borrowings 30,766 36,096 15,735
Long-term debt 11,811 12,619 15,988
Total interest expense 230,565 179,430 108,269
Net interest income 895,217 848,838 792,312
Provision for credit losses 47,708 36,116 58,968
Net interest income after provision for credit losses 847,509 812,722 733,344
Noninterest income:      
Net gain on sales of assets 593 24,654 7,478
Securities transactions   (25,480)  
Other income 53,938 43,786 39,870
Total noninterest income 315,907 285,140 267,781
Noninterest expense:      
Compensation expense 362,083 330,968 320,096
Employee benefits 77,796 73,727 71,817
Personnel expense 439,879 404,695 391,913
Net occupancy expense 50,936 47,795 47,869
Equipment expense 18,393 16,367 14,841
Data processing expense 82,981 74,129 66,385
Professional services expense 45,007 41,579 40,235
Amortization of intangibles 20,844 22,050 22,417
Deposit insurance and regulatory fees 19,512 31,423 29,627
Other real estate (income) expense 671 (2,985) (2,669)
Other expense 92,454 80,693 82,073
Total noninterest expense 770,677 715,746 692,691
Income before income taxes 392,739 382,116 308,434
Income taxes 65,359 58,346 92,802
Net income $ 327,380 $ 323,770 $ 215,632
Earnings per common share - basic $ 3.72 $ 3.72 $ 2.49
Earnings per common share - diluted 3.72 3.72 2.48
Dividends paid per share $ 1.08 $ 1.02 $ 0.96
Weighted average shares outstanding-basic 86,488 85,355 84,695
Weighted average shares outstanding-diluted 86,599 85,521 84,963
Service charges on deposit accounts      
Noninterest income:      
Service charges on deposit accounts $ 86,364 $ 85,272 $ 83,166
Trust fees      
Noninterest income:      
Service charges on deposit accounts 61,609 55,488 44,538
Bank card and ATM fees      
Noninterest income:      
Service charges on deposit accounts 66,976 60,440 53,779
Investment and annuity fees and insurance commissions      
Noninterest income:      
Service charges on deposit accounts 26,574 25,348 23,741
Secondary mortgage market operations      
Noninterest income:      
Service charges on deposit accounts $ 19,853 $ 15,632 $ 15,209