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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Loans $ 157,261 $ 126,134
Securities:    
Taxable interest 25,391 19,780
Tax-exempt interest 20,697 18,703
Total securities income 46,088 38,483
Federal funds and resell agreements 3,625 1,038
Interest-bearing due from banks 3,899 1,580
Trading securities 434 430
Total interest income 211,307 167,665
INTEREST EXPENSE    
Deposits 37,834 13,835
Federal funds and repurchase agreements 8,264 4,732
Other 1,341 1,176
Total interest expense 47,439 19,743
Net interest income 163,868 147,922
Provision for loan losses 12,350 10,000
Net interest income after provision for loan losses 151,518 137,922
NONINTEREST INCOME    
Trading and investment banking 5,581 4,101
Gain on sales of securities available for sale, net 809 139
Other 13,106 10,601
Total noninterest income 107,382 105,525
NONINTEREST EXPENSE    
Salaries and employee benefits 116,032 107,968
Occupancy, net 11,743 10,953
Equipment 19,684 18,826
Supplies and services 3,873 3,760
Marketing and business development 4,913 5,034
Processing fees 12,132 11,161
Legal and consulting 5,633 3,844
Bankcard 4,345 4,626
Amortization of other intangible assets 1,327 1,562
Regulatory fees 2,890 2,905
Other 8,054 5,237
Total noninterest expense 190,626 175,876
Income before income taxes 68,274 67,571
Income tax expense 10,530 10,038
Income from continuing operations 57,744 57,533
Discontinued Operations    
Loss from discontinued operations before income taxes   (917)
Income tax benefit   (170)
Loss from discontinued operations   (747)
NET INCOME $ 57,744 $ 56,786
Basic:    
Income from continuing operations $ 1.19 $ 1.16
Loss from discontinued operations   (0.01)
Net income – basic 1.19 1.15
Diluted:    
Income from continuing operations 1.18 1.15
Loss from discontinued operations   (0.01)
Net income – diluted 1.18 1.14
Dividends $ 0.300 $ 0.290
Weighted average shares outstanding – basic 48,712,153 49,420,606
Weighted average shares outstanding – diluted 48,998,571 49,917,454
Trust and Securities Processing [Member]    
NONINTEREST INCOME    
Noninterest income $ 41,957 $ 44,002
Service Charges On Deposit Accounts [Member]    
NONINTEREST INCOME    
Noninterest income 21,281 21,905
Insurance Fees and Commissions [Member]    
NONINTEREST INCOME    
Noninterest income 338 301
Brokerage Fees [Member]    
NONINTEREST INCOME    
Noninterest income 7,243 6,353
Bankcard Fees [Member]    
NONINTEREST INCOME    
Noninterest income $ 17,067 $ 18,123