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Consolidated Statement of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
INTEREST INCOME:      
Interest and fees on loans $ 166,807 $ 161,018 $ 151,662
Interest on investment securities:      
Taxable 32,825 27,626 29,673
Exempt from federal income tax 44,659 43,302 40,080
Interest on federal funds sold and interest-bearing deposits in banks 1,684 342 208
Total interest income 245,975 232,288 221,623
INTEREST EXPENSE:      
Interest on deposits 8,213 4,503 3,642
Other 1,075 948 446
Total interest expense 9,288 5,451 4,088
Net interest income 236,687 226,837 217,535
PROVISION FOR LOAN LOSSES 6,530 10,212 9,685
Net interest income after provision for loan losses 230,157 216,625 207,850
NONINTEREST INCOME:      
Trust fees 23,694 19,636 19,252
Service charges on deposit accounts 19,416 18,386 17,171
ATM, interchange and credit card fees 25,686 23,910 21,860
Real estate mortgage operations 15,109 16,086 10,409
Net gain on sale of available-for-sale securities (includes $1,828, $1,270 and $432 for the years ended December 31, 2017, 2016 and 2015, respectively, related to accumulated comprehensive earnings reclassifications) 1,828 1,270 432
Net gain (loss) on sale of foreclosed assets (50) 456 538
Net gain (loss) on sale of assets (396) 168 (820)
Interest on loan recoveries 1,128 2,112 1,050
Other 4,602 3,108 3,540
Total noninterest income 91,017 85,132 73,432
NONINTEREST EXPENSE:      
Salaries and employee benefits 95,287 90,739 80,999
Loss from partial settlement of pension plan   267  
Net occupancy expense 10,521 10,420 10,314
Equipment expense 13,765 13,479 12,222
FDIC insurance premiums 2,217 2,680 3,153
ATM, interchange and credit card expenses 7,452 7,231 6,384
Professional and service fees 8,063 6,877 4,831
Printing, stationery and supplies 1,989 2,093 2,278
Operational and other losses 3,192 2,170 1,889
Amortization of intangible assets 613 738 561
Other 30,887 29,136 26,833
Total noninterest expense 173,986 165,830 149,464
EARNINGS BEFORE INCOME TAXES 147,188 135,927 131,818
INCOME TAX EXPENSE (includes $640, $445 and $151 for the years ended December 31, 2017, 2016 and 2015, respectively, related to income tax expense from reclassification items) 26,817 31,153 31,437
NET EARNINGS $ 120,371 $ 104,774 $ 100,381
NET EARNINGS PER SHARE, BASIC $ 1.82 $ 1.59 $ 1.55
NET EARNINGS PER SHARE, ASSUMING DILUTION $ 1.81 $ 1.59 $ 1.54