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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INTEREST INCOME        
Loans, including fees $ 134,643 $ 129,910 $ 268,722 $ 259,687
Investment securities:        
Taxable 11,159 10,944 23,162 22,226
Tax-exempt 2,320 1,881 4,360 3,968
Dividends 135 296 295 644
Loans held for sale 188 265 319 438
Other interest income 864 933 1,762 3,038
Total Interest Income 149,309 144,229 298,620 290,001
INTEREST EXPENSE        
Deposits 10,887 10,053 21,614 19,876
Short-term borrowings 217 103 485 180
Long-term debt 9,289 11,153 18,551 23,444
Total Interest Expense 20,393 21,309 40,650 43,500
Net Interest Income 128,916 122,920 257,970 246,501
Provision for credit losses 2,511 2,200 4,041 (1,500)
Net Interest Income After Provision for Credit Losses 126,405 120,720 253,929 248,001
NON-INTEREST INCOME        
Other service charges and fees 12,983 10,988 23,733 20,351
Service charges on deposit accounts 12,896 12,637 25,454 24,206
Investment management and trust services 11,247 11,011 22,235 21,900
Mortgage banking income 3,897 5,339 7,927 10,027
Investment securities gains, net 76 2,415 1,023 6,560
Other 5,038 4,099 8,902 8,182
Total Non-Interest Income 46,137 46,489 89,274 91,226
NON-INTEREST EXPENSE        
Salaries and employee benefits 70,029 65,067 139,401 130,057
Net occupancy expense 11,811 11,809 24,031 25,501
Other outside services 5,508 8,125 11,564 13,875
Data processing 5,476 4,894 10,876 9,662
Software 3,953 3,376 7,874 6,694
Professional fees 3,353 2,731 5,686 5,602
FDIC insurance expense 2,960 2,885 5,909 5,707
Equipment expense 2,872 3,335 6,243 7,293
Supplies and postage 2,706 2,726 5,285 5,095
Marketing 1,916 2,235 3,540 3,468
Telecommunications 1,459 1,617 2,947 3,333
Operating risk loss 986 674 1,526 1,501
Other real estate owned and repossession expense 365 129 1,003 1,491
Intangible amortization 0 106 0 236
Other 8,243 8,645 16,165 17,317
Total Non-Interest Expense 121,637 118,354 242,050 236,832
Income Before Income Taxes 50,905 48,855 101,153 102,395
Income taxes 11,155 12,175 23,146 25,679
Net Income $ 39,750 $ 36,680 $ 78,007 $ 76,716
PER SHARE:        
Net Income (Basic) (in dollars per share) $ 0.23 $ 0.21 $ 0.45 $ 0.43
Net Income (Diluted) (in dollars per share) 0.23 0.21 0.45 0.43
Cash Dividends (in dollars per share) $ 0.10 $ 0.09 $ 0.19 $ 0.18