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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Loans, including fees $ 74,251 $ 72,443
Investment securities:    
Taxable 20,120 23,883
Tax-exempt 2,647 2,773
Other interest income 39 36
Total interest income 97,057 99,135
Interest expense:    
Savings deposits 961 877
Time deposits 2,574 2,874
Securities sold under repurchase agreements 5,559 5,994
Other borrowings 627 475
Junior subordinated deferrable interest debentures 1,096 1,024
Total interest expense 10,817 11,244
Net interest income 86,240 87,891
Provision for probable loan losses 9,134 2,377
Net interest income after provision for probable loan losses 77,106 85,514
Non-interest income:    
Service charges on deposit accounts 18,110 19,192
Other service charges, commissions and fees    
Banking 10,377 10,453
Non-banking 1,297 1,110
Investment securities transactions, net (133) (1)
Other investments, net 7,851 4,255
Other income 3,429 1,825
Total non-interest income 40,931 36,834
Non-interest expense:    
Employee compensation and benefits 30,783 31,752
Occupancy 6,166 6,179
Depreciation of bank premises and equipment 6,180 6,226
Professional fees 3,293 3,247
Deposit insurance assessments 1,493 1,490
Net expense, other real estate owned 878 1,468
Amortization of identified intangible assets 32 119
Advertising 2,105 2,007
Impairment charges (Total other-than-temporary impairment charges, $32 net of $(156), and $122, net of $(349), included in other comprehensive income) 124 227
Other 16,864 14,908
Total non-interest expense 67,918 67,623
Income before income taxes 50,119 54,725
Provision for income taxes 17,135 18,863
Net income $ 32,984 $ 35,862
Basic earnings per common share:    
Weighted average number of shares outstanding (in shares) 66,014,114 66,416,252
Net income (in dollars per share) $ 0.50 $ 0.54
Fully diluted earnings per common share:    
Weighted average number of shares outstanding (in shares) 66,118,082 66,555,392
Net income (in dollars per share) $ 0.50 $ 0.54