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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest income:        
Interest and fees on loans $ 46,073 $ 46,412 $ 91,766 $ 93,530
Interest and dividends on taxable investments 12,772 12,566 25,242 27,782
Interest and dividends on nontaxable investments 5,264 5,162 10,340 10,753
Total interest income 64,109 64,140 127,348 132,065
Interest expense:        
Interest on deposits 2,068 2,703 4,303 5,845
Interest on borrowings 254 2,375 537 8,105
Interest on subordinated debt held by unconsolidated subsidiary trusts 617 630 1,229 1,258
Total interest expense 2,939 5,708 6,069 15,208
Net interest income 61,170 58,432 121,279 116,857
Provision for loan losses 1,900 1,321 2,900 2,714
Net interest income after provision for loan losses 59,270 57,111 118,379 114,143
Noninterest income:        
Deposit service fees 13,172 12,345 25,427 23,940
Other banking services 1,608 1,020 2,798 2,058
Employee benefit services 10,448 9,397 20,883 19,167
Wealth management services 4,438 4,045 8,912 7,743
Gain on sales of investment securities 0 16,008 0 63,799
Loss on debt extinguishments 0 (15,717) 0 (63,500)
Total noninterest income 29,666 27,098 58,020 53,207
Noninterest expenses:        
Salaries and employee benefits 30,409 30,286 61,149 60,769
Occupancy and equipment 6,916 6,750 14,608 13,815
Data processing and communications 7,251 6,600 14,054 13,336
Amortization of intangible assets 1,101 1,140 2,242 2,319
Legal and professional fees 1,507 1,526 3,454 3,466
Office supplies and postage 1,647 1,518 3,198 3,013
Business development and marketing 1,930 1,804 3,660 3,283
FDIC insurance premiums 947 945 1,966 2,000
Acquisition expenses 0 0 123 5
Other 3,456 3,807 6,632 6,922
Total noninterest expenses 55,164 54,376 111,086 108,928
Income before income taxes 33,772 29,833 65,313 58,422
Income taxes 10,096 8,711 19,463 17,059
Net income $ 23,676 $ 21,122 $ 45,850 $ 41,363
Basic earnings per share (in dollars per share) $ 0.58 $ 0.53 $ 1.13 $ 1.03
Diluted earnings per share (in dollars per share) $ 0.57 $ 0.52 $ 1.11 $ 1.02
Cash dividends declared per share (in dollars per share) $ 0.28 $ 0.27 $ 0.56 $ 0.54