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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income      
Loans and leases $ 1,073,051 $ 955,637 $ 876,472
Total investment securities interest and dividend income 150,709 121,207 96,751
Overnight investments 21,997 26,846 14,534
Total interest income 1,245,757 1,103,690 987,757
Interest expense      
Deposits 22,483 16,196 18,169
Short-term borrowings 3,657 4,838 1,965
Long-term obligations 10,717 22,760 22,948
Total interest expense 36,857 43,794 43,082
Net interest income (loss) 1,208,900 1,059,896 944,675
Provision for loan and lease losses 28,468 25,692 32,941
Net interest income after provision for loan and lease losses 1,180,432 1,034,204 911,734
Noninterest income      
Gain on extinguishment of debt 26,553 12,483 0
ATM income 16,433 23,251 20,348
Insurance commissions 12,702 12,465 11,150
Gain on acquisitions 0 134,745 5,831
ATM income 7,980 9,143 7,283
Securities gains (losses) 351 4,293 26,673
Net impact from FDIC shared-loss termination 0 (45) 16,559
Adjustments to FDIC receivable (6,341) (6,232) (9,725)
Marketable equity securities losses, net (7,610) 0 0
Other 26,041 35,358 34,170
Total noninterest income 400,149 521,963 377,099
Noninterest expense      
Salaries and wages 527,691 490,610 443,746
Employee benefits 118,203 105,975 94,340
Occupancy expense 109,169 104,690 102,609
Equipment expense 102,909 97,478 92,501
Processing Fees Paid to Third Parties 30,017 25,673 18,976
FDIC insurance expense 18,890 22,191 20,967
Foreclosure-related expenses 16,567 14,407 13,379
Merger-related expenses 6,462 9,015 5,341
Other 147,063 142,430 145,907
Total noninterest expense 1,076,971 1,012,469 937,766
Income before income taxes 503,610 543,698 351,067
Income taxes 103,297 219,946 125,585
Net income $ 400,313 $ 323,752 $ 225,482
Net income per share $ 33.53 $ 26.96 $ 18.77
Cash dividends (in dollars per share) $ 1.45 $ 1.25 $ 1.20
Average shares outstanding (in shares) 11,938,439 12,010,405 12,010,405
Service charges on deposit accounts      
Noninterest income      
Revenue from contracts with customers $ 105,486 $ 101,201 $ 89,359
Wealth management services      
Noninterest income      
Revenue from contracts with customers 97,966 86,719 80,221
Cardholder services, net      
Noninterest income      
Revenue from contracts with customers 65,478 57,583 47,319
Other service charges and fees      
Noninterest income      
Revenue from contracts with customers 30,606 28,321 27,011
Merchant services, net      
Noninterest income      
Revenue from contracts with customers $ 24,504 $ 22,678 $ 20,900