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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 259,219 $ 246,015 $ 231,469
Interest and dividends on investment securities:      
Taxable 32,160 30,861 29,900
Exempt from federal taxes 3,447 3,998 4,357
Interest on deposits in banks 2,589 1,537 1,334
Interest on federal funds sold 11 12 7
Total interest income 297,426 282,423 267,067
Interest expense:      
Interest on deposits 12,662 13,107 13,779
Interest on securities sold under repurchase agreements 429 231 237
Interest on long-term debt 1,815 2,300 2,016
Interest on subordinated debentures held by subsidiary trusts 2,755 2,422 2,574
Total interest expense 17,661 18,060 18,606
Net interest income 279,765 264,363 248,461
Provision for loan losses 9,991 6,822 (6,622)
Net interest income after provision for loan losses 269,774 257,541 255,083
Non-interest income:      
Income from the origination and sale of loans 37,222 29,973 23,940
Payment Services Revenue 34,374 32,750 30,695
Wealth management revenues 20,460 19,907 18,996
Service charges on deposit accounts 18,426 17,031 16,567
Other service charges, commissions and fees 11,506 10,404 10,047
Investment securities gains, net 330 137 61
Other income 10,028 11,313 11,529
Gain (Loss) Related to Litigation Settlement 4,150 0 0
Total non-interest income 136,496 121,515 111,835
Non-interest expense:      
Salaries and wages 108,684 101,451 96,513
Employee benefits 35,193 31,324 30,564
Occupancy, net 17,714 17,879 17,796
Furniture and equipment 9,584 15,524 13,816
Outsourced technology services 20,547 10,124 9,423
FDIC insurance premiums 4,548 4,858 4,608
Professional fees 4,990 6,458 4,882
OREO expense, net of income (44) (1,475) (272)
Mortgage servicing rights amortization 2,957 2,434 2,361
Mortgage servicing rights impairment recovery (35) (97) (136)
Core deposit intangibles amortization 3,427 3,388 2,251
Other expenses 50,625 50,936 47,480
Loss Contingency Expense 0 5,000 4,000
Acquisition Expense 2,821 795 4,017
Total non-interest expense 261,011 248,599 237,303
Income before income tax expense 145,259 130,457 129,615
Income tax expense 49,623 43,662 45,214
Net income $ 95,636 $ 86,795 $ 84,401
Basic earnings per common share $ 2.15 $ 1.92 $ 1.89
Diluted earnings per common share $ 2.13 $ 1.90 $ 1.87