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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest Income        
Interest and fees on loans $ 196,972 $ 167,350 $ 554,867 $ 490,065
Interest and dividends on investment securities:        
Taxable 24,162 22,948 71,295 72,734
Tax exempt 8,268 8,141 24,540 23,865
Other interest 2,492 1,064 5,581 3,449
Total interest income 231,894 199,503 656,283 590,113
Interest Expense        
Interest on deposits 27,778 13,118 65,882 36,562
Interest on Federal funds purchased and securities sold under agreements to repurchase 768 326 2,107 1,000
Interest on other short-term funding 1,039 296 3,946 1,656
Interest on long-term funding 12,187 7,229 30,133 23,657
Total interest expense 41,772 20,969 102,068 62,875
NET INTEREST INCOME 190,122 178,534 554,215 527,238
Provision for credit losses 5,000 21,000 26,000 55,000
Net interest income after provision for credit losses 185,122 157,534 528,215 472,238
Noninterest Income        
Trust service fees 12,785 11,700 37,066 34,656
Service charges on deposit accounts 16,268 17,445 48,654 50,162
Card-based and other nondeposit fees 12,619 12,777 38,848 37,485
Insurance commissions 19,815 19,431 62,288 62,818
Brokerage and annuity commissions 4,392 4,155 13,071 12,047
Mortgage banking, net 6,585 18,291 16,191 26,562
Capital market fees, net 4,610 7,012 12,535 14,343
Bank and Corporate Owned Life Insurance Income 6,580 3,290 13,094 11,033
Asset gains (losses), net (16) (1,034) (716) (853)
Investment securities gains (losses), net 3 (13) 359 6,201
Other 2,254 2,180 6,746 6,140
Total noninterest income 85,895 95,234 248,136 260,594
Noninterest Expense        
Personnel expense 105,852 103,819 314,954 307,346
Occupancy 12,294 15,362 40,345 42,379
Equipment 5,232 5,319 15,951 16,161
Technology 15,233 14,173 45,126 42,887
Business development and advertising 7,764 5,251 20,751 20,053
Other intangible amortization 450 525 1,459 1,568
Loan expense 3,330 3,535 8,924 10,198
Legal and professional fees 6,248 4,804 16,125 14,685
Foreclosure / OREO expense, net 906 960 3,593 4,167
FDIC expense 7,800 9,000 23,800 25,500
Other 12,318 12,566 36,406 38,701
Total noninterest expense 177,427 175,314 527,434 523,645
Income before income taxes 93,590 77,454 248,917 209,187
Income tax expense 28,589 23,638 69,663 63,746
Net income 65,001 53,816 179,254 145,441
Preferred stock dividends 2,339 2,188 7,008 6,555
Net income available to common equity $ 62,662 $ 51,628 $ 172,246 $ 138,886
Earnings per common share:        
Basic (in usd per share) $ 0.41 $ 0.34 $ 1.13 $ 0.92
Diluted (in usd per share) $ 0.41 $ 0.34 $ 1.11 $ 0.92
Average common shares outstanding:        
Basic (in shares) 150,565 148,708 150,983 148,607
Diluted (in shares) 152,968 149,973 153,782 149,645