XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans and leases $ 819,094 $ 657,097 $ 272,726
Investment securities 64,368 47,345 36,923
Deposits in financial institutions 476 333 265
Total interest income 883,938 704,775 309,914
Interest expense:      
Deposits 41,503 27,332 7,868
Borrowings 554 496 537
Subordinated debentures 18,535 14,570 3,796
Total interest expense 60,592 42,398 12,201
Net interest income 823,346 662,377 297,713
Provision (negative provision) for credit losses 45,481 11,499 (4,210)
Net interest income after provision (negative provision) for credit losses 777,865 650,878 301,923
Noninterest income:      
Service charges on deposit accounts 11,688 11,233 11,765
Other commissions and fees 31,586 18,602 8,416
Leased equipment income 24,023 16,669 0
Gain on sale of loans and leases 373 601 1,791
Gain on securities 3,744 4,841 5,359
FDIC loss sharing expense, net (18,246) (31,730) (26,172)
Other income 31,142 21,971 3,085
Total noninterest income 84,310 42,187 4,244
Noninterest expense:      
Compensation 203,914 165,499 107,067
Occupancy 44,144 40,606 29,459
Data processing 18,617 14,618 9,494
Other professional services 13,760 11,234 6,754
Insurance and assessments 16,996 10,907 5,596
Intangible asset amortization 9,410 6,268 5,402
Leased equipment depreciation 13,603 9,159 0
Foreclosed assets (income) expense, net (668) 5,401 (1,503)
Acquisition, integration and reorganization costs 21,247 101,016 40,812
Other expense 41,016 40,884 25,084
Total noninterest expense 382,039 405,592 228,165
Earnings from continuing operations before taxes 480,136 287,473 78,002
Income tax expense (180,517) (117,005) (32,525)
Net earnings from continuing operations 299,619 170,468 45,477
Loss from discontinued operations before taxes 0 (2,677) (620)
Income tax benefit 0 1,114 258
Net loss from discontinued operations 0 (1,563) (362)
Net earnings $ 299,619 $ 168,905 $ 45,115
Net earnings from continuing operations (usd per share) $ 2.79 $ 1.94 $ 1.09
Basic income per share (usd per share) 2.79 1.92 1.08
Net earnings from continuing operations (usd per share) 2.79 1.94 1.09
Diluted income per share (usd per share) 2.79 1.92 1.08
Dividends declared per share (usd per share) $ 2.00 $ 1.25 $ 1