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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans $ 324,769 $ 259,219 $ 246,015
Interest and dividends on investment securities:      
Taxable 42,697 32,160 30,861
Exempt from federal taxes 3,156 3,447 3,998
Interest on deposits in banks 7,146 2,589 1,537
Interest on federal funds sold 9 11 12
Total interest income 377,777 297,426 282,423
Interest expense:      
Interest on deposits 21,367 12,662 13,107
Interest on securities sold under repurchase agreements 1,253 429 231
Interest on other borrowed funds 1,537 0 0
Interest on long-term debt 599 1,815 2,300
Interest on subordinated debentures held by subsidiary trusts 3,178 2,755 2,422
Total interest expense 27,934 17,661 18,060
Net interest income 349,843 279,765 264,363
Provision for loan losses 11,053 9,991 6,822
Net interest income after provision for loan losses 338,790 269,774 257,541
Non-interest income:      
Payment services revenues 43,308 34,374 32,750
Mortgage banking revenues 28,896 37,222 29,973
Wealth management revenues 21,067 20,460 19,907
Service charges on deposit accounts 21,276 18,426 17,031
Other service charges, commissions and fees 13,358 11,506 10,404
Loss on termination of interest rate swap (1,132) 0 0
Investment securities gains, net 718 330 137
Other income 14,262 10,028 11,313
Non-recurring litigation recovery 0 4,150 0
Total non-interest income 141,753 136,496 121,515
Non-interest expense:      
Salaries and wages 122,751 108,684 101,451
Employee benefits 37,561 35,193 31,324
Occupancy, net 22,410 17,714 17,879
Furniture and equipment 11,467 9,584 15,524
Outsourced technology services 25,087 20,547 10,124
FDIC insurance premiums 4,605 4,548 4,858
Professional fees 6,847 4,990 6,458
OREO expense, net of income 467 (44) (1,475)
Mortgage servicing rights amortization 3,038 2,957 2,434
Mortgage servicing rights impairment recovery (93) (35) (97)
Core deposit intangibles amortization 5,438 3,427 3,388
Other expenses 57,087 50,625 50,936
Loss contingency expense 0 0 5,000
Acquisition related expenses 27,156 2,821 795
Total non-interest expense 323,821 261,011 248,599
Income before income tax expense 156,722 145,259 130,457
Income tax expense 50,201 49,623 43,662
Net income $ 106,521 $ 95,636 $ 86,795
Basic earnings per common share (in dollars per share) $ 2.07 $ 2.15 $ 1.92
Diluted earnings per common share (in dollars per share) $ 2.05 $ 2.13 $ 1.90