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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 246,015 $ 231,469 $ 220,687
Interest and dividends on investment securities:      
Taxable 30,861 29,900 31,237
Exempt from federal taxes 3,998 4,357 4,728
Interest on deposits in banks 1,537 1,334 992
Interest on federal funds sold 12 7 18
Total interest income 282,423 267,067 257,662
Interest expense:      
Interest on deposits 13,107 13,779 15,800
Interest on securities sold under repurchase agreements 231 237 294
Interest on long-term debt 2,300 2,016 1,936
Interest in preferred stock pending redemption 0 0 159
Interest on subordinated debentures held by subsidiary trusts 2,422 2,574 2,506
Total interest expense 18,060 18,606 20,695
Net interest income 264,363 248,461 236,967
Provision for loan losses 6,822 (6,622) (6,125)
Net interest income after provision for loan losses 257,541 255,083 243,092
Non-interest income:      
Other service charges, commissions and fees 43,154 40,742 35,977
Income from the origination and sale of loans 29,973 23,940 34,254
Wealth management revenues 19,907 18,996 17,085
Service charges on deposit accounts 17,031 16,567 16,837
Investment securities gains, net 137 61 1
Other income 10,727 11,095 7,525
Total non-interest income 120,929 111,401 111,679
Non-interest expense:      
Salaries and wages 101,451 96,513 94,002
Employee benefits 30,738 30,130 30,338
Occupancy, net 17,879 17,796 16,587
Furniture and equipment 15,524 13,816 12,554
Outsourced technology services 10,124 9,423 9,029
FDIC insurance premiums 4,858 4,608 5,057
Professional fees 6,458 4,882 4,773
OREO expense, net of income (1,475) (272) 2,291
Mortgage servicing rights amortization 2,434 2,361 2,787
Mortgage servicing rights impairment recovery (97) (136) (99)
Core deposit intangibles amortization 3,388 2,251 1,418
Other expenses 50,936 47,480 43,332
Loss Contingency Expense 5,000 4,000 0
Acquisition Expense 795 4,017 0
Total non-interest expense 248,013 236,869 222,069
Income before income tax expense 130,457 129,615 132,702
Income tax expense 43,662 45,214 46,566
Net income $ 86,795 $ 84,401 $ 86,136
Basic earnings per common share $ 1.92 $ 1.89 $ 1.98
Diluted earnings per common share $ 1.90 $ 1.87 $ 1.96