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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
INTEREST INCOME        
Interest and fees on loans $ 152,417 $ 146,629 $ 304,362 $ 290,016
Interest and dividends on investment securities:        
Taxable 23,868 26,109 48,960 52,366
Tax exempt 7,565 7,030 15,452 14,001
Other interest 1,771 1,862 3,463 3,311
Total interest income 185,621 181,630 372,237 359,694
INTEREST EXPENSE        
Interest on deposits 8,141 6,195 15,760 12,354
Interest on Federal funds purchased and securities sold under agreements to repurchase 235 306 466 611
Interest on other short-term funding 115 280 196 396
Interest on long-term funding 10,642 6,146 21,514 12,657
Total interest expense 19,133 12,927 37,936 26,018
NET INTEREST INCOME 166,488 168,703 334,301 333,676
Provision for credit losses 5,000 5,000 9,500 10,000
Net interest income after provision for credit losses 161,488 163,703 324,801 323,676
NONINTEREST INCOME        
Trust service fees 12,515 12,017 24,602 23,728
Service charges on deposit accounts 15,703 17,412 31,509 33,812
Card-based and other nondeposit fees 13,597 12,577 26,013 25,086
Insurance commissions 20,077 13,651 39,805 25,968
Brokerage and annuity commissions 4,192 4,520 7,875 8,553
Mortgage banking, net 9,941 5,362 17,349 11,723
Capital market fees, net 2,692 2,099 5,159 4,421
Bank owned life insurance income 2,381 3,011 5,256 7,331
Asset gains, net 1,893 899 2,989 1,627
Investment securities gains, net 1,242 34 1,242 412
Other 2,288 665 4,798 3,107
Total noninterest income 86,521 72,247 166,597 145,768
NONINTEREST EXPENSE        
Personnel expense 102,986 97,793 203,138 195,491
Occupancy 14,308 13,785 31,991 29,345
Equipment 5,739 6,227 11,511 12,503
Technology 16,354 14,594 31,912 27,318
Business development and advertising 6,829 5,077 12,156 10,139
Other intangible amortization 888 991 1,689 1,982
Loan expense 3,681 3,620 6,677 6,407
Legal and professional fees 4,344 4,436 8,882 8,624
Foreclosure / OREO expense 1,303 1,575 2,728 3,471
FDIC expense 6,000 4,945 12,500 9,946
Other 14,384 14,882 27,887 30,357
Total noninterest expense 176,816 167,925 351,071 335,583
Income before income taxes 71,193 68,025 140,327 133,861
Income tax expense 21,793 21,660 44,255 42,297
Net income 49,400 46,365 96,072 91,564
Preferred stock dividends 1,545 1,278 2,773 2,522
Net income available to common equity $ 47,855 $ 45,087 $ 93,299 $ 89,042
Earnings per common share:        
Basic (in usd per share) $ 0.32 $ 0.28 $ 0.62 $ 0.55
Diluted (in usd per share) $ 0.31 $ 0.28 $ 0.61 $ 0.55
Average common shares outstanding:        
Basic (in shares) 149,903 159,940 149,986 160,699
Diluted (in shares) 151,108 160,838 151,129 161,513