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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income    
Loans and leases, including fees $ 863,385 $ 647,179
Investment securities    
Fully taxable 98,015 85,957
Exempt from federal taxes 795 1,318
Deposits at banks 10,337 3,118
Other 302 515
Total interest income 972,834 738,087
Interest expense    
Interest-checking deposits 414 311
Savings deposits 15,891 10,219
Time deposits 24,322 3,740
Deposits at Cayman Islands office 193 147
Short-term borrowings 2,162 34
Long-term borrowings 57,888 64,048
Total interest expense 100,870 78,499
Net interest income 871,964 659,588
Provision for credit losses 49,000 38,000
Net interest income after provision for credit losses 822,964 621,588
Other income    
Mortgage banking revenues 82,063 101,601
Service charges on deposit accounts 102,405 102,344
Trust income 111,077 123,734
Brokerage services income 16,004 15,461
Trading account and foreign exchange gains 7,458 6,231
Gain (loss) on bank investment securities 4 (98)
Other revenues from operations 101,922 90,930
Total other income 420,933 440,203
Other expense    
Salaries and employee benefits 431,785 389,893
Equipment and net occupancy 74,178 66,470
Printing, postage and supplies 11,986 9,590
Amortization of core deposit and other intangible assets 12,319 6,793
FDIC assessments 25,225 10,660
Other costs of operations 220,602 202,969
Total other expense 776,095 686,375
Income before taxes 467,802 375,416
Income taxes 169,274 133,803
Net income 298,528 241,613
Net income available to common shareholders    
Basic 275,744 218,830
Diluted $ 275,748 $ 218,837
Net income per common share    
Basic $ 1.74 $ 1.66
Diluted 1.73 1.65
Cash dividends per common share $ 0.70 $ 0.70
Average common shares outstanding    
Basic 158,734 132,049
Diluted 159,181 132,769