Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Schedule of Other Expense (Income), Net

($000’s omitted):

	Three Months Ended
	March 31,
	2017			2016
Write-off of deposits and pre-acquisition costs	$	1,655		$	3,041
Amortization of intangible assets	3,450			3,450
Interest income	(833		)	(923		)
Interest expense	137			174
Equity in earnings of unconsolidated entities	(1,193		)	(170		)
Miscellaneous, net	806			302
Total other expense, net	$	4,022		$	5,874

Schedule of Earnings Per Share

The following table presents the earnings per common share (000's omitted, except per share data):

	Three Months Ended
	March 31,
	2017			2016
Numerator:
Net income	$	91,518		$	83,300
Less: earnings distributed to participating securities	(305		)	(285		)
Less: undistributed earnings allocated to participating securities	(618		)	(404		)
Numerator for basic earnings per share	$	90,595		$	82,611
Add back: undistributed earnings allocated to participating securities	618			404
Less: undistributed earnings reallocated to participating securities	(613		)	(401		)
Numerator for diluted earnings per share	$	90,600		$	82,614
Denominator:
Basic shares outstanding	317,756			347,815
Effect of dilutive securities	2,329			2,662
Diluted shares outstanding	320,085			350,477
Earnings per share:
Basic	$	0.29		$	0.24
Diluted	$	0.28		$	0.24

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of derivative instruments and their locations in the Condensed Consolidated Balance Sheets are summarized below ($000’s omitted):

	March 31, 2017				December 31, 2016
	Other Assets		Accrued and Other Liabilities		Other Assets		Accrued and Other Liabilities
Interest rate lock commitments	$	12,638	$	182	$	9,194	$	501
Forward contracts	323		3,292		8,085		1,004
Whole loan commitments	215		447		1,135		863
	$	13,176	$	3,921	$	18,414	$	2,368