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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Loans including fees:        
Taxable $ 76,579 $ 65,892 $ 151,538 $ 130,849
Nontaxable 2,818 2,530 5,761 5,039
Investment securities:        
Taxable 14,292 15,447 29,018 31,216
Nontaxable 6,267 5,649 12,227 10,673
Money market and other interest-earning investments 8 10 14 16
Total interest income 99,964 89,528 198,558 177,793
Interest Expense        
Deposits 3,531 3,342 7,094 6,625
Short-term borrowings 112 83 208 150
Other borrowings 4,224 1,621 8,166 3,058
Total interest expense 7,867 5,046 15,468 9,833
Net interest income 92,097 84,482 183,090 167,960
Provision for loan losses 2,271 (400) 2,272 (363)
Net interest income after provision for loan losses 89,826 84,882 180,818 168,323
Noninterest Income        
Wealth management fees 9,443 7,504 17,963 13,296
Service charges on deposit accounts 11,278 11,821 22,323 22,955
Debit card and ATM fees 7,075 6,476 13,807 12,212
Mortgage banking revenue 4,262 1,262 7,225 1,892
Insurance premiums and commissions 10,172 9,811 22,285 21,773
Investment product fees 4,719 4,117 9,122 7,985
Company-owned life insurance 2,193 1,643 4,345 3,110
Net securities gains 512 1,689 3,195 2,248
Total other-than-temporary impairment losses     0 (100)
Loss recognized in other comprehensive income 0 0 0 0
Impairment losses recognized in earnings       (100)
Recognition of deferred gain on sale leaseback transactions 1,468 1,523 2,992 3,047
Change in FDIC indemnification asset (1,541) (10,470) (2,509) (17,813)
Other income 5,398 4,277 9,526 9,611
Total noninterest income 54,979 39,653 110,274 80,216
Noninterest Expense        
Salaries and employee benefits 59,248 55,050 128,942 106,430
Occupancy 14,141 12,712 28,434 23,654
Equipment 3,446 3,176 7,350 6,190
Marketing 3,678 2,434 5,914 4,619
Data processing 8,077 6,479 14,667 12,063
Communication 2,435 2,343 5,179 4,954
Professional fees 3,381 3,643 6,513 7,325
Loan expense 1,816 1,441 3,142 2,758
Supplies 581 824 1,265 1,477
FDIC assessment 1,972 1,445 3,857 2,886
Other real estate owned expense 476 1,255 1,637 2,013
Amortization of intangibles 2,977 2,003 6,058 3,840
Other expense 7,462 5,299 12,888 8,147
Total noninterest expense 109,690 98,104 225,846 186,356
Income before income taxes 35,115 26,431 65,246 62,183
Income tax expense 8,959 7,658 18,184 16,900
Net income $ 26,156 $ 18,773 $ 47,062 $ 45,283
Net income per common share - basic $ 0.22 $ 0.18 $ 0.40 $ 0.44
Net income per common share - diluted $ 0.22 $ 0.18 $ 0.40 $ 0.44
Weighted average number of common shares outstanding - basic 115,732 103,904 117,128 101,862
Weighted average number of common shares outstanding - diluted 116,223 104,361 117,634 102,363
Dividends per common share $ 0.12 $ 0.11 $ 0.24 $ 0.22