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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income        
Loans and lease financing $ 114,179 $ 105,701 $ 223,445 $ 210,058
Available-for-sale securities 25,059 19,453 51,488 36,012
Other 781 1,907 2,007 4,803
Total interest income 140,019 127,061 276,940 250,873
Interest expense        
Deposits 8,760 6,541 16,330 12,970
Short-term borrowings and long-term debt 5 93 11 164
Total interest expense 8,765 6,634 16,341 13,134
Net interest income 131,254 120,427 260,599 237,739
Provision for loan and lease losses 4,400 1,900 8,900 2,600
Net interest income after provision for loan and lease losses 126,854 118,527 251,699 235,139
Noninterest income        
Service charges on deposit accounts 9,412 9,395 18,967 19,184
Credit and debit card fees 14,157 13,810 28,636 27,629
Other service charges and fees 8,110 8,914 17,207 18,141
Trust and investment services income 7,526 7,323 14,864 14,728
Bank-owned life insurance 2,927 3,792 7,505 6,148
Investment securities gains, net   3   25,731
Other 6,738 3,134 11,098 8,329
Total noninterest income 48,870 46,371 98,277 119,890
Noninterest expense        
Salaries and employee benefits 43,257 41,955 86,557 86,656
Contracted services and professional fees 12,388 9,939 22,696 22,694
Occupancy 5,023 4,809 10,344 10,121
Equipment 4,527 4,116 8,724 7,943
Regulatory assessment and fees 3,750 2,846 7,524 5,323
Advertising and marketing 1,222 1,425 3,250 3,049
Card rewards program 4,618 2,729 9,129 6,231
Other 10,456 10,654 21,356 21,520
Total noninterest expense 85,241 78,473 169,580 163,537
Income before provision for income taxes 90,483 86,425 180,396 191,492
Provision for income taxes 33,588 31,565 66,761 71,101
Net income $ 56,895 $ 54,860 $ 113,635 $ 120,391
Basic earnings per share (in dollars per share) $ 0.41 $ 0.39 $ 0.81 $ 0.86
Diluted earnings per share (in dollars per share) 0.41 0.39 0.81 0.86
Dividends declared per share (in dollars per share) $ 0.22 $ 0.22 $ 0.44 $ 0.22
Basic weighted-average outstanding shares (in shares) 139,546,615 139,459,620 139,546,174 139,459,620
Diluted weighted-average outstanding shares (in shares) 139,646,117 139,459,620 139,644,557 139,459,620