XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Loans including fees:    
Taxable $ 71,572 $ 74,959
Nontaxable 3,004 2,943
Investment securities:    
Taxable 13,722 14,726
Nontaxable 6,982 5,960
Money market and other interest-earning investments 49 6
Total interest income 95,329 98,594
Interest Expense    
Deposits 3,493 3,563
Short-term borrowings 182 96
Other borrowings 6,011 3,942
Total interest expense 9,686 7,601
Net interest income 85,643 90,993
Provision for loan losses 91 1
Net interest income after provision for loan losses 85,552 90,992
Noninterest Income    
Wealth management fees 8,121 8,520
Service charges on deposit accounts 9,639 11,045
Debit card and ATM fees 3,785 6,732
Mortgage banking revenue 2,920 2,963
Insurance premiums and commissions 13,121 12,113
Investment product fees 3,905 4,403
Company-owned life insurance 2,038 2,152
Net securities gains 1,106 2,683
Recognition of deferred gain on sale leaseback transactions 1,052 1,524
Change in FDIC indemnification asset (655) (968)
Other income 4,419 4,128
Total noninterest income 49,451 55,295
Noninterest Expense    
Salaries and employee benefits 56,972 69,694
Occupancy 12,844 14,293
Equipment 2,893 3,904
Marketing 2,486 2,236
Data processing 7,123 6,590
Communication 1,864 2,744
Professional fees 3,368 3,132
Loan expense 1,333 1,326
Supplies 583 684
FDIC assessment 1,919 1,885
Other real estate owned expense 424 1,161
Amortization of intangibles 2,647 3,081
Other expense 3,899 5,426
Total noninterest expense 98,355 116,156
Income before income taxes 36,648 30,131
Income tax expense 9,671 9,225
Net income $ 26,977 $ 20,906
Net income per common share - basic $ 0.24 $ 0.18
Net income per common share - diluted $ 0.24 $ 0.18
Weighted average number of common shares outstanding - basic 113,998 118,540
Weighted average number of common shares outstanding - diluted 114,563 119,076
Dividends per common share $ 0.13 $ 0.12