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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income      
Loans, including fees $ 802,947 $ 663,036 $ 606,966
Mortgage loans held for sale, including fees 4,679 6,564 6,164
Investment securities:      
Taxable interest 87,359 52,150 47,380
Tax-exempt interest 8,835 7,004 5,785
Amortization of FDIC loss share receivable 0 (16,023) (23,500)
Other 9,963 4,208 4,063
Total interest and dividend income 913,783 716,939 646,858
Deposits:      
NOW and MMDA 57,283 32,396 27,226
Savings 1,455 1,145 740
Time deposits 21,095 18,040 19,137
Short-term borrowings 7,557 2,452 797
Long-term debt 17,547 13,668 11,200
Total interest expense 104,937 67,701 59,100
Net interest income 808,846 649,238 587,758
Provision for loan losses 51,111 44,424 30,908
Net interest income after provision for loan losses 757,735 604,814 556,850
Non-interest Income      
Mortgage income 63,570 83,853 80,662
Service charges on deposit accounts 47,678 44,135 42,197
Title revenue 21,972 22,213 22,837
Broker commissions 9,902 15,338 17,592
ATM/debit card fee income 14,822 14,240 13,989
Credit card and merchant-related income 14,433 12,171 10,675
(Loss) gain on sale of available for sale securities (148) 2,001 1,575
Other non-interest income 38,811 39,870 30,866
Total non-interest income 211,040 233,821 220,393
Non-interest Expense      
Salaries and employee benefits 379,527 331,686 322,586
Net occupancy and equipment 70,663 65,797 68,541
Communication and delivery 14,252 12,383 13,506
Marketing and business development 13,999 12,332 13,176
Data processing 39,176 25,091 34,424
Professional services 48,545 19,153 22,368
Credit and other loan related expense 19,008 10,937 16,653
Insurance 21,815 17,270 16,670
Loss on early termination of loss share agreements 0 17,798 0
Travel and entertainment 11,287 8,481 9,525
Amortization of acquisition intangibles 12,590 8,415 7,811
Errors, fines, and losses 12,246 6,111 12,116
Other non-interest expense 32,788 31,211 32,929
Total non-interest expense 675,896 566,665 570,305
Income before income tax expense 292,879 271,970 206,938
Income tax expense 150,466 85,193 64,094
Net Income 142,413 186,777 142,844
Less: Preferred stock dividends 9,095 7,977 0
Net Income Available to Common Shareholders 133,318 178,800 142,844
Less: Earnings Allocated to Unvested Restricted Stock (1,210) (1,872) (1,680)
Earnings Allocated to Common Shareholders $ 132,108 $ 176,928 $ 141,164
Earnings per common share - Basic (in usd per share) $ 2.61 $ 4.32 $ 3.69
Earnings per common share - Diluted (in usd per share) 2.59 4.30 3.68
Cash dividends declared per common share (in usd per share) $ 1.46 $ 1.4 $ 1.36
Comprehensive Income      
Net income $ 142,413 $ 186,777 $ 142,844
Unrealized gains (losses) on securities:      
Unrealized holding gains (losses) arising during the period (net of tax effects of $6,244 $12,261, and $4,374, respectively) (11,596) (22,771) (8,124)
Less: Reclassification adjustment for (losses) gains included in net income (net of tax effects of $52, $700, and $551, respectively) 96 (1,301) (1,024)
Unrealized gains (losses) on securities, net of tax (11,500) (24,072) (9,148)
Fair value of derivative instruments designated as cash flow hedges:      
Change in fair value of derivative instruments designated as cash flow hedges during the period (net of tax effects of $329, $231, and $20, respectively) (611) (328) 38
Less: Reclassification adjustment for (losses) gains included in net income (net of tax effects of $210, $27, and $0, respectively) 390 (50) 0
Fair value of derivative instruments designated as cash flow hedges, net of tax (221) (378) 38
Other comprehensive income (loss), net of tax (11,721) (24,450) (9,110)
Comprehensive income $ 130,692 $ 162,327 $ 133,734