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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Loans including fees:        
Taxable $ 86,527 $ 76,579 $ 158,099 $ 151,538
Nontaxable 2,991 2,818 5,995 5,761
Investment securities:        
Taxable 13,585 14,292 27,307 29,018
Nontaxable 7,119 6,267 14,101 12,227
Money market and other interest-earning investments 21 8 70 14
Total interest income 110,243 99,964 205,572 198,558
Interest Expense        
Deposits 4,254 3,531 7,747 7,094
Short-term borrowings 410 112 592 208
Other borrowings 6,239 4,224 12,250 8,166
Total interest expense 10,903 7,867 20,589 15,468
Net interest income 99,340 92,097 184,983 183,090
Provision for loan losses 1,319 2,271 1,410 2,272
Net interest income after provision for loan losses 98,021 89,826 183,573 180,818
Noninterest Income        
Wealth management fees 9,355 9,443 17,476 17,963
Service charges on deposit accounts 10,437 11,278 20,076 22,323
Debit card and ATM fees 4,471 7,075 8,256 13,807
Mortgage banking revenue 5,203 4,262 8,123 7,225
Insurance premiums and commissions 7,122 10,172 20,243 22,285
Investment product fees 4,724 4,719 8,629 9,122
Company-owned life insurance 2,080 2,193 4,118 4,345
Net securities gains 1,856 512 2,962 3,195
Recognition of deferred gain on sale leaseback transactions 1,038 1,468 2,090 2,992
Gain on sale of ONB Insurance Group, Inc. 41,864   41,864  
Change in FDIC indemnification asset 888 (1,541) 233 (2,509)
Other income 4,347 5,398 8,766 9,526
Total noninterest income 93,385 54,979 142,836 110,274
Noninterest Expense        
Salaries and employee benefits 62,715 59,248 119,687 128,942
Occupancy 13,568 14,141 26,412 28,434
Equipment 3,316 3,446 6,209 7,350
Marketing 5,111 3,678 7,597 5,914
Data processing 8,676 8,077 15,799 14,667
Communication 2,535 2,435 4,399 5,179
Professional fees 5,181 3,381 8,549 6,513
Loan expense 2,123 1,816 3,456 3,142
Supplies 598 581 1,181 1,265
FDIC assessment 2,030 1,972 3,949 3,857
Other real estate owned expense 2,099 476 2,523 1,637
Amortization of intangibles 3,365 2,977 6,012 6,058
Other expense 10,155 7,462 14,054 12,888
Total noninterest expense 121,472 109,690 219,827 225,846
Income before income taxes 69,934 35,115 106,582 65,246
Income tax expense 30,812 8,959 40,483 18,184
Net income $ 39,122 $ 26,156 $ 66,099 $ 47,062
Net income per common share - basic $ 0.31 $ 0.22 $ 0.55 $ 0.40
Net income per common share - diluted $ 0.31 $ 0.22 $ 0.55 $ 0.40
Weighted average number of common shares outstanding - basic 127,508 115,732 120,753 117,128
Weighted average number of common shares outstanding - diluted 127,973 116,223 121,273 117,634
Dividends per common share $ 0.13 $ 0.12 $ 0.26 $ 0.24