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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest Income:        
Interest and fees on loans and leases $ 236,453 $ 215,448 $ 701,166 $ 616,488
Taxable interest and dividends on investments 52,046 47,646 154,556 142,361
Non-taxable interest on investment securities 5,471 5,061 16,402 15,428
Loans held for sale 166 208 459 498
Total interest income 294,136 268,363 872,583 774,775
Interest Expense:        
Deposits 34,214 24,397 97,991 62,778
Securities sold under agreements to repurchase and other borrowings 6,571 3,084 13,227 10,722
Federal Home Loan Bank advances 6,910 7,685 22,467 23,437
Long-term debt 5,902 2,825 15,021 8,288
Total interest expense 53,597 37,991 148,706 105,225
Net interest income 240,539 230,372 723,877 669,550
Provision for loan and lease losses 11,300 10,500 31,800 32,000
Net interest income after provision for loan and lease losses 229,239 219,872 692,077 637,550
Non-interest Income:        
Deposit service fees 41,410 40,601 127,552 121,911
Loan and lease related fees 8,246 10,782 22,623 24,111
Wealth and investment services 8,496 8,412 24,456 24,738
Mortgage banking activities 2,133 1,305 3,829 3,684
Increase in cash surrender value of life insurance policies 3,708 3,706 10,942 10,921
Other income     24,994 24,040
Noninterest Income, Other 5,938 7,478    
Total non-interest income 69,931 72,284 214,396 209,405
Non-interest Expense:        
Compensation and benefits 98,623 96,640 294,935 284,457
Occupancy 14,087 14,502 42,802 45,489
Technology and equipment 26,180 24,553 77,644 73,019
Intangible assets amortization 961 961 2,885 2,885
Marketing 4,758 4,052 12,329 12,493
Professional and outside services 5,024 4,930 16,706 14,099
Deposit insurance 4,409 9,694 13,292 30,098
Other expense 25,852 23,451 75,627 68,317
Total non-interest expense 179,894 178,783 536,220 530,857
Income (loss) before income tax expense 119,276 113,373 370,253 316,098
Income tax expense 25,411 13,700 78,003 54,518
Net income 93,865 99,673 292,250 261,580
Preferred stock dividends and other (2,423) (2,213) (7,331) (6,540)
Earnings applicable to common shareholders $ 91,442 $ 97,460 $ 284,919 $ 255,040
Earnings per common share:        
Basic (in dollars per share) $ 1.00 $ 1.06 $ 3.11 $ 2.77
Diluted (in dollars per share) $ 1.00 $ 1.06 $ 3.10 $ 2.77