XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:          
Loans and leases $ 264,062 $ 260,300 $ 235,666 $ 775,447 $ 694,462
Investment securities 28,061 27,730 24,762 81,929 72,490
Deposits in financial institutions 519 484 538 1,555 967
Total interest income 292,642 288,514 260,966 858,931 767,919
Interest expense:          
Deposits 21,121 16,367 13,071 51,306 31,653
Borrowings 3,814 2,649 188 7,383 2,272
Subordinated debentures 7,390 7,166 6,017 21,093 17,379
Total interest expense 32,325 26,182 19,276 79,782 51,304
Net interest income 260,317 262,332 241,690 779,149 716,615
Provision for credit losses 11,500 17,500 15,119 33,000 51,346
Net interest income after provision for credit losses 248,817 244,832 226,571 746,149 665,269
Noninterest income:          
Service charges on deposit accounts 3,979 4,265 3,465 12,418 10,733
Other commissions and fees 12,397 11,767 9,944 34,429 30,917
Leased equipment income 9,120 9,790 8,332 28,497 29,442
Gain on sale of loans and leases 0 106 2,848 4,675 4,209
Gain on sale of securities 826 253 1,236 7,390 2,788
Other income 10,590 13,457 5,557 27,700 23,689
Total noninterest income 36,912 39,638 31,382 115,109 101,778
Noninterest expense:          
Compensation 72,333 69,913 64,413 213,269 194,581
Occupancy 13,069 13,575 12,729 39,867 36,148
Data processing 6,740 6,896 6,459 20,295 19,811
Other professional services 6,058 5,257 4,213 15,754 11,567
Insurance and assessments 5,446 5,330 4,702 16,503 14,349
Intangible asset amortization 5,587 5,587 3,049 17,520 9,178
Leased equipment depreciation 5,001 5,237 4,862 15,613 15,719
Foreclosed assets (income) expense, net (257) (61) 2,191 (440) 2,177
Acquisition, integration and reorganization costs 800 0 1,450 800 3,650
Loan expense 2,249 3,058 3,421 7,578 10,692
Other expense 11,127 11,657 11,053 35,238 34,921
Total noninterest expense 128,153 126,449 118,542 381,997 352,793
Earnings before income taxes 157,576 158,021 139,411 479,261 414,254
Income tax expense (41,289) (42,286) (37,945) (128,963) (140,473)
Net earnings $ 116,287 $ 115,735 $ 101,466 $ 350,298 $ 273,781
Earnings per share:          
Net earnings (usd per share) $ 0.94 $ 0.92 $ 0.84 $ 2.79 $ 2.26
Net earnings (usd per share) $ 0.94 $ 0.92 $ 0.84 $ 2.79 $ 2.26