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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME    
Interest and fees on loans and leases $ 205,996 $ 217,928
Interest and dividends on investment securities:    
Taxable 13,931 13,055
Exempt from federal income tax 2,242 2,235
Dividends 388 366
Interest on temporary investments and interest bearing deposits 1,557 480
Total interest income 224,114 234,064
INTEREST EXPENSE    
Interest on deposits 9,648 8,413
Interest on securities sold under agreement to repurchase 30 36
Interest on term debt 3,510 4,186
Interest on junior subordinated debentures 4,201 3,727
Total interest expense 17,389 16,362
Net interest income 206,725 217,702
PROVISION FOR LOAN AND LEASE LOSSES 11,672 4,823
Net interest income after provision for loan and lease losses 195,053 212,879
NON-INTEREST INCOME    
Service charges on deposits 14,729 14,516
Brokerage revenue 4,122 4,094
Residential mortgage banking revenue, net 26,834 15,426
(Loss) gain on investment securities, net (2) 696
Gain on loan sales, net 1,754 2,371
Loss on junior subordinated debentures carried at fair value (1,555) (1,572)
BOLI income 2,069 2,139
Other income 12,274 8,281
Total non-interest income 60,225 45,951
NON-INTEREST EXPENSE    
Salaries and employee benefits 106,473 106,538
Occupancy and equipment, net 38,673 38,295
Communications 5,104 5,564
Marketing 1,733 2,850
Services 11,305 10,671
FDIC assessments 4,087 3,721
Loss on other real estate owned, net 82 1,389
Intangible amortization 1,689 2,560
Merger related expenses 1,020 3,450
Goodwill impairment 0 142
Other expenses 12,548 8,809
Total non-interest expense 182,714 183,989
Income before provision for income taxes 72,564 74,841
Provision for income taxes 26,561 27,272
Net income 46,003 47,569
Dividends and undistributed earnings allocated to participating securities 12 29
Net earnings available to common shareholders $ 45,991 $ 47,540
Earnings per common share:    
Basic (in usd per share) $ 0.21 $ 0.22
Diluted (in usd per share) $ 0.21 $ 0.22
Weighted average number of common shares outstanding:    
Basic (in shares) 220,287 220,227
Diluted (in shares) 220,779 221,052