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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income    
Loans and leases, including fees $ 979,969 $ 898,038
Investment securities    
Fully taxable 82,852 95,124
Exempt from federal taxes 248 430
Deposits at banks 18,677 12,162
Other 404 279
Total interest income 1,082,150 1,006,033
Interest expense    
Savings and interest-checking deposits 40,527 25,634
Time deposits 10,936 18,998
Deposits at Cayman Islands office 381 265
Short-term borrowings 883 216
Long-term borrowings 53,906 46,660
Total interest expense 106,633 91,773
Net interest income 975,517 914,260
Provision for credit losses 43,000 55,000
Net interest income after provision for credit losses 932,517 859,260
Other income    
Mortgage banking revenues 87,306 84,692
Service charges on deposit accounts 105,115 104,176
Trust income 131,375 120,015
Brokerage services income 13,392 17,384
Trading account and foreign exchange gains 4,637 9,691
Gain (loss) on bank investment securities (9,431)  
Other revenues from operations 126,302 110,887
Total other income 458,696 446,845
Other expense    
Salaries and employee benefits 463,428 449,741
Equipment and net occupancy 74,797 74,366
Outside data processing and software 48,429 44,301
FDIC assessments 20,280 28,827
Advertising and marketing 16,248 16,110
Printing, postage and supplies 9,319 9,708
Amortization of core deposit and other intangible assets 6,632 8,420
Other costs of operations 294,211 156,379
Total other expense 933,344 787,852
Income before taxes 457,869 518,253
Income taxes 105,259 169,326
Net income 352,610 348,927
Net income available to common shareholders    
Basic 332,748 328,562
Diluted $ 332,749 $ 328,567
Net income per common share    
Basic $ 2.24 $ 2.13
Diluted 2.23 2.12
Cash dividends per common share $ 0.75 $ 0.75
Average common shares outstanding    
Basic 148,688 154,427
Diluted 148,905 154,949