XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income    
Loans and leases, including fees $ 898,038 $ 863,385
Investment securities    
Fully taxable 95,124 98,015
Exempt from federal taxes 430 795
Deposits at banks 12,162 10,337
Other 279 302
Total interest income 1,006,033 972,834
Interest expense    
Savings and interest-checking deposits 25,634 16,305
Time deposits 18,998 24,322
Deposits at Cayman Islands office 265 193
Short-term borrowings 216 2,162
Long-term borrowings 46,660 57,888
Total interest expense 91,773 100,870
Net interest income 914,260 871,964
Provision for credit losses 55,000 49,000
Net interest income after provision for credit losses 859,260 822,964
Other income    
Mortgage banking revenues 84,692 82,063
Service charges on deposit accounts 104,176 102,405
Trust income 120,015 111,077
Brokerage services income 17,384 16,004
Trading account and foreign exchange gains 9,691 7,458
Gain on bank investment securities   4
Other revenues from operations 110,887 101,922
Total other income 446,845 420,933
Other expense    
Salaries and employee benefits 449,862 431,785
Equipment and net occupancy 74,366 74,178
Outside data processing and software 44,301 43,015
FDIC assessments 28,827 25,225
Advertising and marketing 16,110 21,454
Printing, postage and supplies 9,708 11,986
Amortization of core deposit and other intangible assets 8,420 12,319
Other costs of operations 156,258 156,133
Total other expense 787,852 776,095
Income before taxes 518,253 467,802
Income taxes 169,326 169,274
Net income 348,927 298,528
Net income available to common shareholders    
Basic 328,562 275,744
Diluted $ 328,567 $ 275,748
Net income per common share    
Basic $ 2.13 $ 1.74
Diluted 2.12 1.73
Cash dividends per common share $ 0.75 $ 0.70
Average common shares outstanding    
Basic 154,427 158,734
Diluted 154,949 159,181