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CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Loans, including fees $ 285,340 $ 249,348
Investment securities available for sale 23,928 19,834
Trading account assets 54 28
Mortgage loans held for sale 379 467
Federal Reserve Bank balances 1,750 1,211
Other earning assets 1,683 1,513
Total interest income 313,134 272,401
Interest expense:    
Deposits 26,375 16,958
Federal funds purchased and securities sold under repurchase agreements 107 38
Long-term debt 12,368 15,478
Total interest expense 38,850 32,474
Net interest income 274,284 239,927
Provision for loan losses 12,776 8,674
Net interest income after provision for loan losses 261,508 231,253
Non-interest income:    
Service charges on deposit accounts 19,940 20,118
Fiduciary and asset management fees 13,435 12,151
Card fees 10,199 9,844
Brokerage revenue 8,695 7,226
Mortgage banking income 5,047 5,766
Income from bank-owned life insurance 4,217 3,056
Investment securities gains, net 0 7,668
Decrease in fair value of private equity investments, net (3,056) (1,814)
Other fee income 4,618 4,868
Other non-interest income 3,951 2,956
Total non-interest income 67,046 71,839
Non-interest expense:    
Salaries and other personnel expense 113,720 107,191
Net occupancy and equipment expense 31,480 29,331
Third-party processing expense 13,945 12,603
FDIC insurance and other regulatory fees 6,793 6,770
Professional fees 5,505 5,355
Advertising expense 5,092 5,912
Foreclosed real estate expense, net 856 2,134
Restructuring charges, net (315) 6,511
Other operating expenses 18,103 21,581
Total non-interest expense 195,179 197,388
Income before income taxes 133,375 105,704
Income tax expense 30,209 33,847
Net income 103,166 71,857
Dividends on preferred stock 2,559 2,559
Net income available to common shareholders $ 100,607 $ 69,298
Net income per common share, basic (in dollars per share) $ 0.85 $ 0.57
Net income per common share, diluted (in dollars per share) $ 0.84 $ 0.56
Weighted average common shares outstanding, basic (in shares) 118,666 122,300
Weighted average common shares outstanding, diluted (in shares) 119,321 123,059