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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income        
Loans and leases, including fees $ 1,024,471 $ 924,640 $ 2,004,440 $ 1,822,678
Investment securities        
Fully taxable 82,019 92,996 164,871 188,120
Exempt from federal taxes 172 379 420 809
Deposits at banks 21,869 12,213 40,546 24,375
Other 374 185 778 464
Total interest income 1,128,905 1,030,413 2,211,055 2,036,446
Interest expense        
Savings and interest-checking deposits 48,738 30,543 89,265 56,177
Time deposits 11,362 16,303 22,298 35,301
Deposits at Cayman Islands office 542 281 923 546
Short-term borrowings 1,383 378 2,266 594
Long-term borrowings 58,093 44,708 111,999 91,368
Total interest expense 120,118 92,213 226,751 183,986
Net interest income 1,008,787 938,200 1,984,304 1,852,460
Provision for credit losses 35,000 52,000 78,000 107,000
Net interest income after provision for credit losses 973,787 886,200 1,906,304 1,745,460
Other income        
Brokerage services income 12,629 16,617 26,021 34,001
Trading account and foreign exchange gains 5,255 8,084 9,892 17,775
Gain (loss) on bank investment securities 2,326 (17) (7,105) (17)
Other revenues from operations 100,280 117,115 226,582 228,002
Total other income 457,414 460,816 916,110 907,661
Other expense        
Salaries and employee benefits 418,537 398,054 881,965 847,795
Equipment and net occupancy 73,031 73,797 147,828 148,163
Outside data processing and software 49,712 44,575 98,141 88,876
FDIC assessments 19,560 25,353 39,840 54,180
Advertising and marketing 21,768 16,324 38,016 32,434
Printing, postage and supplies 8,719 8,957 18,038 18,665
Amortization of core deposit and other intangible assets 6,388 8,113 13,020 16,533
Other costs of operations 178,862 175,462 473,073 331,841
Total other expense 776,577 750,635 1,709,921 1,538,487
Income before taxes 654,624 596,381 1,112,493 1,114,634
Income taxes 161,464 215,328 266,723 384,654
Net income 493,160 381,053 845,770 729,980
Net income available to common shareholders        
Basic 472,598 360,658 805,338 689,208
Diluted $ 472,600 $ 360,662 $ 805,342 $ 689,217
Net income per common share        
Basic $ 3.26 $ 2.36 $ 5.49 $ 4.49
Diluted 3.26 2.35 5.48 4.47
Cash dividends per common share $ 0.80 $ 0.75 $ 1.55 $ 1.50
Average common shares outstanding        
Basic 144,825 152,857 146,746 153,638
Diluted 144,998 153,276 146,941 154,108
Mortgage Banking Revenues [Member]        
Other income        
Revenue from contract with customer $ 92,499 $ 86,163 $ 179,805 $ 170,855
Service Charges on Deposit Accounts [Member]        
Other income        
Revenue from contract with customer 106,784 106,057 211,899 210,233
Trust Income [Member]        
Other income        
Revenue from contract with customer $ 137,641 $ 126,797 $ 269,016 $ 246,812