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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest Income        
Loans and leases, including fees $ 119,460 $ 109,542 $ 237,199 $ 213,639
Securities:        
Taxable 14,467 13,577 28,681 25,864
Nontaxable 1,484 1,287 2,857 2,578
Dividends 9 13 20 192
Other 28 21 60 47
Total Interest Income 135,448 124,440 268,817 242,320
Interest Expense        
Deposits 7,636 7,461 15,085 14,610
Short-term borrowings 1,794 1,333 3,562 2,552
Long-term borrowings 2,251 1,454 4,482 3,141
Total Interest Expense 11,681 10,248 23,129 20,303
Net Interest Income 123,767 114,192 245,688 222,017
Provision for credit losses 8,864 10,405 17,000 17,411
Net Interest Income After Provision for Credit Losses 114,903 103,787 228,688 204,606
Non-Interest Income        
Service charges 17,514 17,441 33,331 32,710
Trust fees 5,432 4,862 10,593 9,626
Insurance commissions and fees 3,559 3,691 7,928 8,636
Securities commissions and fees 3,597 3,002 6,654 5,393
Net securities gains 14 776 5 10,237
Mortgage banking operations 2,516 928 4,315 1,142
Bank owned life insurance 1,838 1,807 3,681 3,992
Other 5,282 6,683 11,427 9,524
Total Non-Interest Income 39,752 39,190 77,934 81,260
Non-Interest Expense        
Salaries and employee benefits 50,431 48,465 99,700 97,418
Net occupancy 8,472 8,068 17,448 16,550
Equipment 7,698 7,177 15,346 14,076
Amortization of intangibles 1,999 2,461 4,114 4,744
Outside services 9,163 8,233 17,940 15,470
FDIC insurance 2,783 3,399 6,472 6,393
Merger and acquisition related 371 832 371 6,150
Other 15,582 13,949 29,763 25,949
Total Non-Interest Expense 96,499 92,584 191,154 186,750
Income Before Income Taxes 58,156 50,393 115,468 99,116
Income taxes 18,025 15,562 34,994 29,761
Net Income 40,131 34,831 80,474 69,355
Less: Preferred stock dividends 2,010 2,010 4,020 4,332
Net Income Available to Common Stockholders $ 38,121 $ 32,821 $ 76,454 $ 65,023
Net Income per Common Share - Basic $ 0.22 $ 0.20 $ 0.44 $ 0.40
Net Income per Common Share - Diluted 0.22 0.20 0.43 0.39
Cash Dividends per Common Share $ 0.12 $ 0.12 $ 0.24 $ 0.24
Comprehensive income $ 31,158 $ 42,313 $ 82,524 $ 89,720