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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income    
Loans, including fees $ 66,868 $ 63,399
Investment securities    
Taxable 11,608 11,373
Tax-exempt 1,353 1,162
Total interest on investment securities 12,961 12,535
Other earning assets (1,001) (1,139)
Total interest income 78,828 74,795
Interest expense    
Deposits 6,925 5,530
Short-term borrowings 1,432 1,170
Long-term borrowings 1,539 1,540
Total interest expense 9,896 8,240
Net interest income 68,932 66,555
Provision for loan and lease losses 367 1,655
Net interest income after provision for loan and lease losses 68,565 64,900
Noninterest income    
Service charges on deposit accounts 4,644 4,381
Trust and wealth management fees 3,747 3,440
Bankcard income 3,135 2,882
Client derivative fees 1,103 1,095
Net gains from sales of loans 1,216 1,181
Net gains on sales of investment securities 516 24
Other 3,003 2,509
Total noninterest income 17,364 15,512
Noninterest expenses    
Salaries and employee benefits 31,750 29,615
Net occupancy 4,515 4,957
Furniture and equipment 2,177 2,213
Data processing 3,298 2,718
Marketing 510 1,065
Communication 447 481
Professional services 1,758 1,813
State intangible tax 721 639
FDIC assessments 932 1,132
Loss (gain) - other real estate owned 24 (190)
Other 4,913 6,277
Total noninterest expenses 51,045 50,720
Income before income taxes 34,884 29,692
Income tax expense 10,470 9,878
Net income $ 24,414 $ 19,814
Earnings per common share    
Basic $ 0.40 $ 0.32
Diluted 0.39 0.32
Cash dividends declared per share $ 0.17 $ 0.16
Average common shares outstanding - basic 61,398,414 61,036,797
Average common shares outstanding - diluted 62,140,384 61,840,247