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Condensed 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 $ 77,344 $ 79,857 $ 231,752 $ 238,111
Investment securities:        
Taxable 4,309 4,106 13,579 11,590
Tax-exempt 962 1,112 2,970 3,262
Federal funds sold and securities purchased under agreements to resell 666 487 2,174 1,362
Total interest income 83,281 85,562 250,475 254,325
Interest expense:        
Deposits 1,412 1,811 4,380 5,550
Federal funds purchased and securities sold under agreements to repurchase 137 95 418 296
Other borrowings 487 641 1,431 2,138
Total interest expense 2,036 2,547 6,229 7,984
Net interest income 81,245 83,015 244,246 246,341
Provision for loan losses 912 1,075 6,198 5,038
Net interest income after provision for loan losses 80,333 81,940 238,048 241,303
Noninterest income:        
Fees on deposit accounts 20,776 19,212 62,439 53,403
Mortgage banking income 6,286 4,817 16,104 18,532
Trust and investment services income 4,877 5,489 14,573 15,474
Securities losses, net     122  
Amortization of FDIC indemnification assets   (1,871) (5,901) (7,120)
Recoveries on acquired loans 2,207 879 5,130 2,099
Other 1,194 1,245 5,032 3,970
Total noninterest income 35,340 29,771 97,499 86,358
Noninterest expense:        
Salaries and employee benefits 41,972 40,013 123,941 120,754
Net occupancy expense 5,464 5,395 16,364 15,678
Information services expense 5,237 4,736 15,353 13,076
Furniture and equipment expense 3,234 2,554 9,157 8,461
OREO expense and loan related 2,085 2,717 4,733 7,750
Bankcard expense 2,940 2,448 8,859 6,713
Amortization of intangibles 1,891 2,078 5,687 6,058
Supplies, printing and postage expense 1,345 1,377 4,910 4,391
Professional fees 1,758 1,383 4,663 4,377
FDIC assessment and other regulatory charges 1,001 1,248 3,162 3,685
Advertising and marketing 790 1,054 2,293 2,918
Branch and conversion related expense 709 3,091 3,240 5,328
Other 4,765 5,100 16,712 16,019
Total noninterest expense 73,191 73,194 219,074 215,208
Earnings:        
Income before provision for income taxes 42,482 38,517 116,473 112,453
Provision for income taxes 14,387 13,377 39,368 38,515
Net income 28,095 25,140 77,105 73,938
Net income $ 28,095 $ 25,140 $ 77,105 $ 73,938
Earnings per common share:        
Basic (in dollars per share) $ 1.17 $ 1.05 $ 3.21 $ 3.09
Diluted (in dollars per share) 1.16 1.04 3.18 3.05
Dividends per common share (in dollars per share) $ 0.31 $ 0.25 $ 0.89 $ 0.72
Weighted-average common shares outstanding:        
Basic (in shares) 24,016 23,984 23,989 23,956
Diluted (in shares) 24,278 24,285 24,229 24,235