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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans, including fees $ 249,348 $ 229,917
Investment securities available for sale 19,834 16,972
Trading account assets 28 22
Mortgage loans held for sale 467 588
Federal Reserve Bank balances 1,211 999
Other earning assets 1,513 825
Total interest income 272,401 249,323
Interest expense:    
Deposits 16,958 16,015
Federal funds purchased and securities sold under repurchase agreements 38 45
Long-term debt 15,478 15,070
Total interest expense 32,474 31,130
Net interest income 239,927 218,193
Provision for loan losses 8,674 9,377
Net interest income after provision for loan losses 231,253 208,816
Non-interest income:    
Service charges on deposit accounts 19,774 19,710
Fiduciary and asset management fees 12,151 11,274
Brokerage revenue 7,226 6,483
Mortgage banking income 5,766 5,484
Bankcard fees 8,185 8,372
Investment securities gains, net 7,668 67
Decrease in fair value of private equity investments, net (1,814) (391)
Other fee income 4,868 4,804
Other non-interest income 8,015 7,344
Total non-interest income 71,839 63,147
Non-interest expense:    
Salaries and other personnel expense 107,191 101,358
Net occupancy and equipment expense 29,331 26,577
Third-party processing expense 12,603 11,116
FDIC insurance and other regulatory fees 6,770 6,719
Professional fees 5,355 6,369
Advertising expense 5,912 2,410
Foreclosed real estate expense, net 2,134 2,684
Merger-related expense 86 0
Loss on early extinguishment of debt, net 0 4,735
Fair value adjustment to Visa derivative 0 360
Restructuring charges, net 6,511 1,140
Other operating expenses 21,495 24,765
Total non-interest expense 197,388 188,233
Income before income taxes 105,704 83,730
Income tax expense 33,847 31,199
Net income 71,857 52,531
Dividends on preferred stock 2,559 2,559
Net income available to common shareholders $ 69,298 $ 49,972
Net income per common share, basic (in dollars per share) $ 0.57 $ 0.39
Net income per common share, diluted (in dollars per share) $ 0.56 $ 0.39
Weighted average common shares outstanding, basic (in shares) 122,300 127,227
Weighted average common shares outstanding, diluted (in shares) 123,059 127,857