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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST INCOME        
Interest and fees on loans and leases $ 264,110 $ 242,123 $ 522,857 $ 471,611
Interest and dividends on investment securities:        
Taxable 10,287 8,499 30,243 24,198
Exempt from federal income tax 1,921 2,057 4,035 4,185
Dividends 574 433 1,091 901
Interest on temporary investments and interest bearing deposits 4,708 2,080 5,633 3,244
Total interest income 281,600 255,192 563,859 504,139
INTEREST EXPENSE        
Interest on deposits 43,591 21,259 77,685 36,869
Interest on securities sold under agreement to repurchase and federal funds purchased 403 155 1,213 218
Interest on term debt 4,563 3,478 8,246 6,839
Interest on junior subordinated debentures 5,881 5,400 11,868 10,332
Total interest expense 54,438 30,292 99,012 54,258
Net interest income 227,162 224,900 464,847 449,881
PROVISION FOR LOAN AND LEASE LOSSES 19,352 13,319 33,036 26,975
Net interest income after provision for loan and lease losses 207,810 211,581 431,811 422,906
NON-INTEREST INCOME        
Residential mortgage banking revenue, net 9,529 33,163 20,760 71,601
(Loss) gain on sale of debt securities, net (7,186) 14 (7,186) 14
Gain (loss) on equity securities, net 82,607 (1,432) 83,302 (1,432)
Gain on loan and lease sales, net 3,333 1,348 4,102 2,578
BOLI income 2,093 2,060 4,261 4,130
Total non-interest income 121,823 71,651 167,563 150,218
NON-INTEREST EXPENSE        
Salaries and employee benefits 104,049 113,340 204,707 219,891
Occupancy and equipment, net 36,032 37,584 72,277 76,245
Communications 3,906 4,447 8,126 8,880
Marketing 4,312 3,088 7,038 4,888
Services 13,227 16,627 25,437 31,688
FDIC assessments 2,837 4,692 5,779 9,172
Loss (gain) on other real estate owned, net 2,678 (92) 2,627 (130)
Intangible amortization 1,405 1,542 2,809 3,083
Other expenses 11,969 14,344 23,207 27,968
Total non-interest expense 180,415 195,572 352,007 381,685
Income before provision for income taxes 149,218 87,660 247,367 191,439
Provision for income taxes 37,408 21,661 61,524 46,468
Net income $ 111,810 $ 65,999 $ 185,843 $ 144,971
Earnings per common share:        
Basic (in usd per share) $ 0.51 $ 0.30 $ 0.84 $ 0.66
Diluted (in usd per share) $ 0.51 $ 0.30 $ 0.84 $ 0.66
Weighted average number of common shares outstanding:        
Basic (in shares) 220,487 220,283 220,427 220,326
Diluted (in shares) 220,719 220,647 220,692 220,760
Total service charges on deposits        
NON-INTEREST INCOME        
Revenue from contract with customer $ 15,953 $ 15,520 $ 31,231 $ 30,515
Brokerage revenue        
NON-INTEREST INCOME        
Revenue from contract with customer 3,980 4,161 7,790 8,355
Other income        
NON-INTEREST INCOME        
Revenue from contract with customer $ 11,514 $ 16,817 $ 23,303 $ 34,457