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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME        
Interest and fees on loans and leases $ 219,488 $ 223,972 $ 651,979 $ 536,950
Interest and dividends on investment securities:        
Taxable 11,639 12,136 34,458 34,155
Exempt from federal income tax 2,637 2,790 8,014 7,599
Dividends 113 81 382 259
Interest on temporary investments and interest bearing deposits 440 544 1,814 1,407
Total interest income 234,317 239,523 696,647 580,370
INTEREST EXPENSE        
Interest on deposits 7,450 6,773 21,934 16,696
Interest on securities sold under agreement to repurchase 43 54 134 298
Interest on term debt 3,629 3,586 10,585 9,223
Interest on junior subordinated debentures 3,465 3,394 10,208 8,340
Total interest expense 14,587 13,807 42,861 34,557
Net interest income 219,730 225,716 653,786 545,813
PROVISION FOR LOAN AND LEASE LOSSES 8,153 14,333 32,044 35,000
Net interest income after provision for loan and lease losses 211,577 211,383 621,742 510,813
NON-INTEREST INCOME        
Service charges on deposits 15,638 16,090 44,759 39,228
Brokerage revenue 5,003 4,882 14,420 13,173
Residential mortgage banking revenue, net 24,041 25,996 92,282 60,776
Gain on investment securities, net 220 902 355 1,878
Gain on loan sales 5,212 8,309 20,651 9,383
Loss on junior subordinated debentures carried at fair value (1,590) (1,590) (4,717) (3,501)
Change in FDIC indemnification asset 1,432 (2,728) (1,053) (13,169)
BOLI income 1,656 2,161 6,460 4,864
Other income 8,737 8,143 31,186 18,237
Total non-interest income 60,349 62,165 204,343 130,869
NON-INTEREST EXPENSE        
Salaries and employee benefits 105,974 102,564 324,683 251,340
Occupancy and equipment, net 37,235 33,029 104,253 78,276
Communications 4,443 3,932 15,131 11,000
Marketing 2,860 2,739 7,936 4,901
Services 10,285 14,619 35,063 33,010
FDIC assessments 3,369 3,038 9,738 7,476
(Gain) loss on other real estate owned, net (158) 313 2,136 507
Intangible amortization 2,806 3,103 8,419 7,105
Merger related expenses 5,991 8,632 41,870 72,146
Other expenses 9,881 10,589 28,452 27,446
Total non-interest expense 182,686 182,558 577,681 493,207
Income before provision for income taxes 89,240 90,990 248,404 148,475
Provision for income taxes 31,633 32,107 88,884 53,399
Net income 57,607 58,883 159,520 95,076
Dividends and undistributed earnings allocated to participating securities 84 142 261 338
Net earnings available to common shareholders $ 57,523 $ 58,741 $ 159,259 $ 94,738
Earnings per common share:        
Basic (in usd per share) $ 0.26 $ 0.27 $ 0.72 $ 0.54
Diluted (in usd per share) $ 0.26 $ 0.27 $ 0.72 $ 0.54
Weighted average number of common shares outstanding:        
Basic (in shares) 220,297 217,245 220,370 175,627
Diluted (in shares) 220,904 218,941 221,062 176,656