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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans, including fees $ 297,283 $ 281,546 $ 263,027
Investment securities:      
Taxable 88,008 100,095 87,198
Tax-exempt 11,319 11,767 12,877
Other interest income 144 191 115
Total interest income 396,754 393,599 363,217
Interest expense:      
Savings and interest bearing demand deposits 3,593 3,597 3,762
Time deposits 11,233 12,033 15,444
Securities sold under repurchase agreements 23,777 24,616 29,171
Other borrowings 1,615 2,033 1,590
Junior subordinated deferrable interest debentures 4,099 4,264 4,665
Total interest expense 44,317 46,543 54,632
Net interest income 352,437 347,056 308,585
Provision for probable loan losses 24,405 14,423 22,968
Net interest income after provision for probable loan losses 328,032 332,633 285,617
Non-interest income:      
Service charges on deposit accounts 78,825 88,586 97,087
Other service charges, commissions and fees      
Banking 44,971 44,435 41,075
Non-banking 7,223 7,463 7,116
Investment securities transactions, net (3,682) 1,283 9,601
Other investments, net 16,969 22,023 22,383
Other income 11,428 14,558 12,343
Total non-interest income 155,734 178,348 189,605
Non-interest expense:      
Employee compensation and benefits 125,135 121,511 119,845
Occupancy 28,019 32,530 31,766
Depreciation of bank premises and equipment 25,009 24,013 26,017
Professional fees 12,278 10,925 13,146
Deposit insurance assessments 5,938 6,082 6,737
Net expense, other real estate owned 5,695 2,358 6,896
Amortization of identified intangible assets 644 2,389 4,633
Advertising 7,585 7,742 7,034
Early termination fee - securities sold under repurchase agreements 3,510 11,000 12,303
Impairment charges (Total other-than-temporary impairment charges, $1,325 less gain of $(371), $(366) less loss of $1,183, and $(431) less loss of $(1,805), included in other comprehensive income) 954 817 1,374
Other 62,157 61,676 62,881
Total non-interest expense 276,924 281,043 292,632
Income before income taxes 206,842 229,938 182,590
Provision for income taxes 70,116 76,787 56,239
Net income 136,726 153,151 126,351
Net income available to common shareholders $ 136,726 $ 153,151 $ 126,351
Basic earnings per common share:      
Weighted average number of shares outstanding (in shares) 66,411,193 66,872,500 67,195,180
Net income (in dollars per share) $ 2.06 $ 2.29 $ 1.88
Fully diluted earnings per common share:      
Weighted average number of shares outstanding (in shares) 66,636,353 67,056,456 67,314,859
Net income (in dollars per share) $ 2.05 $ 2.28 $ 1.88