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Consolidated Statement of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income:      
Loans $ 262,525 $ 228,964 $ 201,349
Taxable investment securities 6,007 6,393 6,230
Non-taxable investment securities 7,094 6,622 5,754
Mortgage-backed securities 12,091 13,391 12,416
Short-term investments and other 5,187 3,325 1,890
Total interest and dividend income 292,904 258,695 227,639
Interest expense:      
Deposits 39,846 20,884 16,571
Federal Home Loan Bank borrowings 13,787 9,883 8,008
Junior subordinated debentures 3,925 2,919 2,427
Repurchase agreements and other short-term borrowings 780 323 195
Total interest expense 58,338 34,009 27,201
Net interest income 234,566 224,686 200,438
Provision/ (credit) for loan losses (2,198) (7,669) (6,935)
Net interest income after provision/ (credit) for loan losses 236,764 232,355 207,373
Fees and other income:      
Other banking fee income 9,826 8,915 12,050
Gain on sale of loans, net 243 451 667
Gain/ (loss) on sale of investments, net (613) 376 521
Gain/ (loss) on OREO, net 0 (46) 306
Gain/ (loss) on sale of affiliates or offices 18,142 (1,264) 2,862
Other 853 2,098 3,410
Total fees and other income 149,997 153,966 158,787
Operating expense:      
Salaries and employee benefits 161,468 178,501 164,683
Occupancy and equipment 32,116 30,165 28,007
Professional services 13,155 13,763 11,576
Marketing and business development 7,648 7,766 7,626
Information systems 25,185 21,796 19,229
Amortization of intangibles 2,929 5,601 6,282
Impairment of goodwill 0 24,901 9,528
FDIC insurance 2,865 2,969 3,484
Restructuring 7,828 0 2,017
Other 14,161 14,474 12,521
Total operating expense 267,355 299,936 264,953
Income before income taxes 119,406 86,385 101,207
Income tax expense 37,537 46,196 30,963
Net income from continuing operations 81,869 40,189 70,244
Net income from discontinued operations 2,002 4,870 5,541
Net income before attribution to noncontrolling interests 83,871 45,059 75,785
Less: Net income attributable to noncontrolling interests 3,487 4,468 4,157
Net income attributable to the Company 80,384 40,591 71,628
Adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders (1,682) (4,887) (4,063)
Net income attributable to common shareholders for earnings per share calculation $ 78,702 $ 35,704 $ 67,565
Per share data - Basic earnings per share from:      
From continuing operations: (in dollars per share) $ 0.92 $ 0.37 $ 0.76
From discontinued operations: (in dollars per share) 0.02 0.06 0.07
Total attributable to common shareholders: (in dollars per share) $ 0.94 $ 0.43 $ 0.83
Weighted average basic common shares outstanding (in shares) 83,596,685 82,430,633 81,264,273
Per share data - Diluted earnings per share from:      
From continuing operations: (in dollars per share) $ 0.90 $ 0.36 $ 0.74
From discontinued operations: (in dollars per share) 0.02 0.06 0.07
Total attributable to common shareholders: (in dollars per share) $ 0.92 $ 0.42 $ 0.81
Weighted average diluted common shares outstanding (in shares) 85,331,314 84,802,565 83,209,126
Investment management fees      
Fees and other income:      
Revenue from contracts with customers $ 21,728 $ 45,515 $ 44,410
Wealth advisory fees      
Fees and other income:      
Revenue from contracts with customers 53,311 52,559 50,581
Wealth management and trust fees      
Fees and other income:      
Revenue from contracts with customers $ 46,507 $ 45,362 $ 43,980