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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INTEREST INCOME        
Interest and fees on loans $ 163,059 $ 152,417 $ 322,715 $ 304,362
Interest and dividends on investment securities:        
Taxable 24,270 23,868 49,786 48,960
Tax exempt 7,894 7,565 15,724 15,452
Other interest 1,318 1,771 2,385 3,463
Total interest income 196,541 185,621 390,610 372,237
INTEREST EXPENSE        
Interest on deposits 11,678 8,141 23,444 15,760
Interest on Federal funds purchased and securities sold under agreements to repurchase 378 235 674 466
Interest on other short-term funding 845 115 1,360 196
Interest on long-term funding 6,923 10,642 16,428 21,514
Total interest expense 19,824 19,133 41,906 37,936
NET INTEREST INCOME 176,717 166,488 348,704 334,301
Provision for credit losses 14,000 5,000 34,000 9,500
Net interest income after provision for credit losses 162,717 161,488 314,704 324,801
NONINTEREST INCOME        
Trust service fees 11,509 12,515 22,956 24,602
Service charges on deposit accounts 16,444 15,703 32,717 31,509
Card-based and other nondeposit fees 12,717 13,597 24,708 26,013
Insurance commissions 22,005 20,077 43,387 39,805
Brokerage and annuity commissions 4,098 4,192 7,892 7,875
Mortgage banking, net 4,067 9,941 8,271 17,349
Capital market fees, net 3,793 2,692 7,331 5,159
Bank owned life insurance income 2,973 2,381 7,743 5,256
Asset gains (losses), net (343) 1,854 181 2,687
Investment securities gains, net 3,116 1,242 6,214 1,242
Other 1,789 2,288 3,960 4,798
Total noninterest income 82,168 86,482 165,360 166,295
NONINTEREST EXPENSE        
Personnel expense 102,129 102,986 203,527 203,138
Occupancy 13,215 14,308 27,017 31,991
Equipment 5,396 5,739 10,842 11,511
Technology 14,450 16,354 28,714 31,912
Business development and advertising 6,591 6,829 14,802 12,156
Other intangible amortization 539 888 1,043 1,689
Loan expense 3,442 3,681 6,663 6,677
Legal and professional fees 4,856 4,344 9,881 8,882
Foreclosure / OREO expense 1,330 1,264 3,207 2,426
FDIC expense 8,750 6,000 16,500 12,500
Other 13,662 14,384 26,135 27,887
Total noninterest expense 174,360 176,777 348,331 350,769
Income before income taxes 70,525 71,193 131,733 140,327
Income tax expense 21,434 21,793 40,108 44,255
Net income 49,091 49,400 91,625 96,072
Preferred stock dividends 2,169 1,545 4,367 2,773
Net income available to common equity $ 46,922 $ 47,855 $ 87,258 $ 93,299
Earnings per common share:        
Basic (in usd per share) $ 0.31 $ 0.32 $ 0.58 $ 0.62
Diluted (in usd per share) $ 0.31 $ 0.31 $ 0.58 $ 0.61
Average common shares outstanding:        
Basic (in shares) 148,511 149,903 148,556 149,986
Diluted (in shares) 149,530 151,108 149,518 151,129