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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:          
Loans and leases $ 234,618 $ 224,178 $ 224,326 $ 458,796 $ 460,701
Investment securities 24,689 23,039 22,420 47,728 44,967
Deposits in financial institutions 237 192 308 429 616
Total interest income 259,544 247,409 247,054 506,953 506,284
Interest expense:          
Deposits 10,205 8,377 7,823 18,582 16,896
Borrowings 1,066 1,018 352 2,084 933
Subordinated debentures 5,800 5,562 5,122 11,362 10,104
Total interest expense 17,071 14,957 13,297 32,028 27,933
Net interest income 242,473 232,452 233,757 474,925 478,351
Provision for credit losses 11,499 24,728 13,903 36,227 34,043
Net interest income after provision for credit losses 230,974 207,724 219,854 438,698 444,308
Noninterest income:          
Service charges on deposit accounts 3,510 3,758 3,633 7,268 7,489
Other commissions and fees 10,583 10,390 11,073 20,973 22,562
Leased equipment income 11,635 9,475 8,523 21,110 16,767
Gain on sale of loans and leases 649 712 388 1,361 633
Gain (loss) on sale of securities 1,651 (99) 478 1,552 8,588
FDIC loss sharing expense, net 0 0 (6,502) 0 (8,917)
Other income 7,254 10,878 4,528 18,132 9,538
Total noninterest income 35,282 35,114 22,121 70,396 56,660
Noninterest expense:          
Compensation 65,288 64,880 62,174 130,168 123,239
Occupancy 11,811 11,608 12,193 23,419 24,825
Data processing 6,337 7,015 5,644 13,352 11,548
Other professional services 3,976 3,378 3,401 7,354 6,973
Insurance and assessments 4,856 4,791 4,951 9,647 9,916
Intangible asset amortization 3,065 3,064 4,371 6,129 9,117
Leased equipment depreciation 5,232 5,625 5,286 10,857 10,310
Foreclosed assets (income) expense, net (157) 143 (3) (14) (564)
Acquisition, integration and reorganization costs 1,700 500 0 2,200 200
Loan expense 3,884 3,387 2,145 7,271 4,300
Other expense 11,715 12,153 9,919 23,868 20,905
Total noninterest expense 117,707 116,544 110,081 234,251 220,769
Earnings before income taxes 148,549 126,294 131,894 274,843 280,199
Income tax expense (54,902) (47,626) (49,726) (102,528) (107,575)
Net earnings $ 93,647 $ 78,668 $ 82,168 $ 172,315 $ 172,624
Earnings per share:          
Net earnings (usd per share) $ 0.77 $ 0.65 $ 0.68 $ 1.42 $ 1.42
Net earnings (usd per share) 0.77 0.65 0.68 1.42 1.42
Dividends declared per share (usd per share) $ 0.50 $ 0.50 $ 0.50 $ 1.00 $ 1.00