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CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans $ 299,493 $ 180,464
Interest on investment securities available-for-sale 32,847 25,635
Interest on investment securities held-to-maturity 131 197
Interest on loans held-for-sale 12,144 1,283
Interest on trading securities 14,408 6,353
Interest on other earning assets 4,332 4,879
Total interest income 363,355 218,811
Interest on deposits:    
Savings 14,900 9,210
Time deposits 9,525 2,833
Other interest-bearing deposits 10,608 4,143
Interest on trading liabilities 5,124 3,781
Interest on short-term borrowings 10,042 1,392
Interest on term borrowings 11,983 7,744
Total interest expense 62,182 29,103
Net interest income 301,173 189,708
Provision/(provision credit) for loan losses (1,000) (1,000)
Net interest income after provision/(provision credit) for loan losses 302,173 190,708
Noninterest income:    
Fixed income 45,506 50,678
Deposit transactions and cash management 31,162 24,565
Brokerage, management fees and commissions 13,483 11,906
Bankcard income 11,267 5,455
Trust services and investment management 7,277 6,653
Bank-owned life insurance 3,993 3,247
Debt securities gains/(losses), net 52 44
Equity securities gains/(losses), net 34 0
All other income and commissions 23,243 14,391
Total noninterest income 136,017 116,939
Adjusted gross income after provision/(provision credit) for loan losses 438,190 307,647
Noninterest expense:    
Employee compensation, incentives, and benefits 171,254 134,494
Occupancy 20,451 12,340
Operations services 15,561 10,875
Computer software 15,132 10,799
Professional fees 12,272 4,746
Equipment rentals, depreciation, and maintenance 10,018 6,351
FDIC premium expense 8,614 5,739
Communications and courier 8,232 3,800
Amortization of intangible assets 6,474 1,232
Contract employment and outsourcing 4,053 2,958
Advertising and public relations 3,599 4,601
Legal fees 2,345 5,283
Repurchase and foreclosure provision/(provision credit) (72) (238)
All other expense 35,332 19,225
Total noninterest expense 313,265 222,205
Income/(loss) before income taxes 124,925 85,442
Provision/(benefit) for income taxes 29,931 27,054
Net income/(loss) 94,994 58,388
Net income attributable to noncontrolling interest 2,820 2,820
Net income/(loss) attributable to controlling interest 92,174 55,568
Preferred stock dividends 1,550 1,550
Net income/(loss) available to common shareholders $ 90,624 $ 54,018
Basic earnings/(loss) per share (in dollars per share) $ 0.28 $ 0.23
Diluted earnings/(loss) per share (in dollars per share) $ 0.27 $ 0.23
Weighted average common shares (in shares) 326,489 233,076
Diluted average common shares (in shares) 330,344 236,855
Cash dividends declared per common share (in dollars per share) $ 0.12 $ 0.09