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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income        
Interest and fees on loans $ 159,823 $ 151,984 $ 314,499 $ 299,014
Interest bearing deposits with banks 305 319 621 568
Federal funds sold and securities purchased under resale agreements 1 6 3 10
Available-for-sale securities 14,071 13,309 28,471 26,423
Trading account securities 51 5 64 14
Federal Home Loan Bank and Federal Reserve Bank stock 785 727 1,554 1,438
Brokerage customer receivables 205 200 386 409
Total interest income 175,241 166,550 345,598 327,876
Interest expense        
Interest on deposits 11,996 11,759 23,810 23,682
Interest on Federal Home Loan Bank advances 1,812 2,705 3,968 5,348
Interest on other borrowings 787 510 1,575 1,260
Interest on subordinated notes 1,777 354 3,552 354
Interest on junior subordinated debentures 1,977 2,042 3,910 4,046
Total interest expense 18,349 17,370 36,815 34,690
Net interest income 156,892 149,180 308,783 293,186
Provision for credit losses 9,482 6,660 15,561 8,540
Net interest income after provision for credit losses 147,410 142,520 293,222 284,646
Non-interest income        
Wealth management 18,476 18,222 36,576 35,035
Mortgage banking 36,007 23,804 63,807 40,232
Service charges on deposit accounts 6,474 5,688 12,771 11,034
(Losses) gains on available-for-sale securities, net (24) (336) 500 (369)
Fees from covered call options 4,565 1,244 8,925 2,786
Trading gains (losses), net 160 (743) (317) (1,395)
Other 11,355 6,223 19,292 12,308
Total non-interest income 77,013 54,102 141,554 99,631
Non-interest expense        
Salaries and employee benefits 94,421 81,963 184,551 161,897
Equipment 7,914 7,223 15,750 14,626
Occupancy, net 11,401 9,850 23,752 20,843
Data processing 6,081 4,543 11,529 9,258
Advertising and marketing 6,406 3,558 10,313 6,374
Professional fees 5,074 4,046 9,738 7,500
Amortization of other intangible assets 934 1,156 1,947 2,319
FDIC insurance 3,047 3,196 6,034 6,147
OREO expense, net 841 2,490 2,252 6,466
Other 18,178 15,566 35,749 29,476
Total non-interest expense 154,297 133,591 301,615 264,906
Income before taxes 70,126 63,031 133,161 119,371
Income tax expense 26,295 24,490 50,278 46,330
Net income 43,831 38,541 82,883 73,041
Preferred stock dividends and discount accretion 1,580 1,581 3,161 3,162
Net income applicable to common shares $ 42,251 $ 36,960 $ 79,722 $ 69,879
Net income per common share-Basic (in usd per share) $ 0.89 $ 0.79 $ 1.68 $ 1.51
Net income per common share-Diluted (in usd per share) 0.85 0.76 1.61 1.44
Cash dividends declared per common share (in usd per share) $ 0.11 $ 0.10 $ 0.22 $ 0.20
Weighted average common shares outstanding 47,567 46,520 47,404 46,358
Dilutive potential common shares 4,156 4,402 4,220 4,456
Average common shares and dilutive common shares 51,723 50,922 51,624 50,814