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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest Income        
Interest and fees on loans $ 77,578 $ 64,613 $ 151,979 $ 122,710
Interest on investment securities:        
Taxable 1,798 2,202 3,727 4,509
Tax-exempt 2,640 2,185 5,305 4,091
Dividends on nonmarketable equity securities 777 551 1,033 749
Interest on deposits with the Federal Reserve Bank and other banks 144 128 357 250
Total interest income 82,937 69,679 162,401 132,309
Interest Expense        
Interest on deposits 4,260 3,630 8,319 6,982
Interest on short-term borrowings 226 101 326 199
Interest Expense, Other 956 213 1,931 213
Total interest expense 5,442 3,944 10,576 7,394
Net Interest Income 77,495 65,735 151,825 124,915
Provision for loan losses 3,000 1,500 4,500 3,000
Net interest income after provision for loan losses 74,495 64,235 147,325 121,915
Noninterest Income        
Service charges and fees on deposit accounts 6,337 6,445 12,057 12,361
Wealth management revenue 5,782 5,605 10,983 10,676
Other charges and fees for customer services 6,463 6,516 12,855 12,506
Mortgage banking revenue 1,595 1,688 3,000 3,091
Gain on sale of investment securities 18 28 37 607
Other 702 392 1,384 708
Total noninterest income 20,897 20,674 40,316 39,949
Operating Expenses        
Salaries, wages and employee benefits 33,127 31,711 67,017 60,964
Occupancy 5,514 4,386 10,419 8,812
Equipment and software 4,875 4,480 9,279 8,878
Acquisition-related expenses 3,054 3,457 5,648 4,819
Other 12,515 12,751 25,609 24,332
Total operating expenses 59,085 56,785 117,972 107,805
Income before income taxes 36,307 28,124 69,669 54,059
Federal income tax expense 10,600 9,100 20,700 17,200
Net Income $ 25,707 $ 19,024 $ 48,969 $ 36,859
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.67 $ 0.54 $ 1.28 $ 1.08
Diluted (in dollars per share) 0.67 0.54 1.27 1.08
Cash Dividends Declared Per Common Share (dollars per share) $ 0.26 $ 0.24 $ 0.52 $ 0.48