XML 13 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME    
Interest and fees on loans $ 173,649 $ 159,656
Interest and dividends on investment securities:    
Taxable 23,475 25,516
Tax exempt 8,129 7,830
Other interest 1,536 1,067
Total interest income 206,789 194,069
INTEREST EXPENSE    
Interest on deposits 16,924 11,766
Interest on Federal funds purchased and securities sold under agreements to repurchase 515 296
Interest on other short-term funding 1,080 515
Interest on long-term funding 7,996 9,505
Total interest expense 26,515 22,082
NET INTEREST INCOME 180,274 171,987
Provision for credit losses 9,000 20,000
Net interest income after provision for credit losses 171,274 151,987
NONINTEREST INCOME    
Trust service fees 11,935 11,447
Service charges on deposit accounts 16,356 16,273
Card-based and other nondeposit fees 12,465 11,991
Insurance commissions 21,620 21,382
Brokerage and annuity commissions 4,333 3,794
Mortgage banking, net 4,579 4,204
Capital market fees, net 3,883 3,538
Bank owned life insurance income 2,615 4,770
Asset gains (losses), net (234) 524
Investment securities gains, net 0 3,098
Other 2,279 2,171
Total noninterest income 79,831 83,192
NONINTEREST EXPENSE    
Personnel expense 104,419 101,398
Occupancy 15,219 13,802
Equipment 5,485 5,446
Technology 14,420 14,264
Business development and advertising 5,835 8,211
Other intangible amortization 513 504
Loan expense 2,620 3,221
Legal and professional fees 4,166 5,025
Foreclosure / OREO expense 1,505 1,877
FDIC expense 8,000 7,750
Other 11,509 12,473
Total noninterest expense 173,691 173,971
Income before income taxes 77,414 61,208
Income tax expense 21,144 18,674
Net income 56,270 42,534
Preferred stock dividends 2,330 2,198
Net income available to common equity $ 53,940 $ 40,336
Earnings per common share:    
Basic (in usd per share) $ 0.36 $ 0.27
Diluted (in usd per share) $ 0.35 $ 0.27
Average common shares outstanding:    
Basic (in shares) 150,815 148,601
Diluted (in shares) 153,869 149,454