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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 187,743 $ 185,527 $ 188,197
Interest and dividends on taxable investments 52,871 50,247 54,995
Interest and dividends on nontaxable investments 19,008 20,446 20,967
Total interest income 259,622 256,220 264,159
Interest expense:      
Interest on deposits 6,971 8,191 10,732
Interest on borrowings 1,694 1,124 12,813
Interest on subordinated debt held by unconsolidated subsidiary trusts 2,537 2,477 2,520
Total interest expense 11,202 11,792 26,065
Net interest income 248,420 244,428 238,094
Provision for loan losses 6,447 7,178 7,992
Net interest income after provision for loan losses 241,973 237,250 230,102
Noninterest income:      
Deposit service fees 52,747 52,756 49,357
Other banking revenues 4,960 5,814 5,245
Employee benefit services 45,388 42,580 38,596
Wealth management and insurance services 20,208 17,870 15,550
(Loss)/Gain on sales of investment securities, net (4) 0 80,768
Loss on debt extinguishments 0 0 (87,336)
Total noninterest income 123,299 119,020 102,180
Noninterest expenses:      
Salaries and employee benefits 126,356 123,077 121,629
Occupancy and equipment 27,593 27,948 27,045
Data processing and communications 30,430 29,294 27,186
Amortization of intangible assets 3,663 4,287 4,469
Legal and professional fees 6,813 7,247 7,008
Office supplies and postage 6,476 6,270 6,122
Business development and marketing 7,204 7,125 6,815
FDIC insurance premiums 3,962 3,899 3,829
Acquisition expenses 7,037 123 2,181
Other expenses 13,521 17,310 14,971
Total noninterest expenses 233,055 226,580 221,255
Income before income taxes 132,217 129,690 111,027
Income taxes 40,987 38,337 32,198
Net income $ 91,230 $ 91,353 $ 78,829
Basic earnings per share (in dollars per share) $ 2.21 $ 2.24 $ 1.96
Diluted earnings per share (in dollars per share) 2.19 2.22 1.94
Cash dividends declared per share (in dollars per share) $ 1.22 $ 1.16 $ 1.10