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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income        
Loans and lease financing $ 106,900 $ 100,234 $ 316,958 $ 303,594
Available-for-sale securities 21,123 17,750 57,135 55,066
Other 1,311 1,120 6,114 3,079
Total interest income 129,334 119,104 380,207 361,739
Interest expense        
Deposits 6,632 5,504 19,602 16,470
Short-term borrowings and long-term debt 19 50 183 166
Total interest expense 6,651 5,554 19,785 16,636
Net interest income 122,683 113,550 360,422 345,103
Provision for loan and lease losses 2,100 2,550 4,700 7,400
Net interest income after provision for loan and lease losses 120,583 111,000 355,722 337,703
Noninterest income        
Service charges on deposit accounts 9,575 10,441 28,759 30,656
Credit and debit card fees 14,103 13,858 41,732 41,633
Other service charges and fees 8,768 9,916 26,909 29,651
Trust and investment services income 7,508 7,372 22,236 22,610
Bank-owned life insurance 7,115 1,898 13,263 7,297
Investment securities gains, net 30 4,131 25,761 14,993
Other 1,591 8,886 9,920 17,375
Total noninterest income 48,690 56,502 168,580 164,215
Noninterest expense:        
Salaries and employee benefits 42,106 42,696 128,762 126,990
Contracted services and professional fees 10,430 10,964 33,124 32,196
Occupancy 4,870 4,077 14,991 14,326
Equipment 4,192 3,885 12,135 10,986
Regulatory assessment and fees 3,546 2,404 8,869 7,124
Advertising and marketing 1,769 1,199 4,818 4,028
Card rewards program 4,512 3,503 10,743 11,914
Other 11,379 10,649 32,899 31,743
Total noninterest expense 82,804 79,377 246,341 239,307
Income before income taxes 86,469 88,125 277,961 262,611
Provision for income taxes 33,234 33,236 104,335 99,042
Net income $ 53,235 $ 54,889 $ 173,626 $ 163,569
Basic earnings per share (in dollars per share) $ 0.38 $ 0.39 $ 1.24 $ 1.17
Diluted earnings per share (in dollars per share) 0.38 0.39 1.24 1.17
Dividends declared per share $ 0.20 $ 0.00 $ 0.42 $ 0.00
Basic weighted-average outstanding shares (in shares) 139,500,542 139,459,620 139,473,360 139,459,620
Diluted weighted-average outstanding shares (in shares) 139,503,558 139,459,620 139,474,373 139,459,620