XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Interest income:      
Loans and leases $ 274,229 $ 272,522 $ 251,085
Investment securities 29,680 29,690 26,138
Deposits in financial institutions 650 527 552
Total interest income 304,559 302,739 277,775
Interest expense:      
Deposits 34,235 28,834 13,818
Borrowings 7,710 4,602 920
Subordinated debentures 7,738 7,538 6,537
Total interest expense 49,683 40,974 21,275
Net interest income 254,876 261,765 256,500
Provision for credit losses 4,000 12,000 4,000
Net interest income after provision for credit losses 250,876 249,765 252,500
Noninterest income:      
Other commissions and fees 11,008 11,114 10,265
Leased equipment income 9,282 9,384 9,587
Service charges on deposit accounts 3,730 4,091 4,174
Gain on sale of loans and leases 0 0 4,569
Gain on sale of securities 2,161 786 6,311
Other income 4,883 8,151 3,653
Total noninterest income 31,064 33,526 38,559
Noninterest expense:      
Compensation 70,845 69,299 71,023
Occupancy 14,320 13,356 13,223
Data processing 6,925 6,930 6,659
Leased equipment depreciation 5,651 5,758 5,375
Intangible asset amortization 4,870 4,986 6,346
Other professional services 4,513 6,198 4,439
Insurance and assessments 4,038 4,202 5,727
Loan expense 2,885 2,991 2,271
Acquisition, integration and reorganization costs 618 970 0
Foreclosed assets expense (income), net 29 (311) (122)
Other expense 11,593 14,856 12,454
Total noninterest expense 126,287 129,235 127,395
Earnings before income taxes 155,653 154,056 163,664
Income tax expense (43,049) (39,015) (45,388)
Net earnings $ 112,604 $ 115,041 $ 118,276
Earnings per share:      
Net earnings (usd per share) $ 0.92 $ 0.93 $ 0.93
Net earnings (usd per share) $ 0.92 $ 0.93 $ 0.93