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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Interest and fees on loans $ 286,165 $ 253,949 $ 211,467
Interest and dividends on taxable investments 63,504 60,159 56,201
Interest and dividends on nontaxable investments 13,064 15,347 17,519
Total interest income 362,733 329,455 285,187
Interest expense:      
Interest on deposits 10,658 8,031 7,325
Interest on borrowings 2,343 1,845 1,017
Interest on subordinated debt held by unconsolidated subsidiary trusts 4,677 3,904 2,949
Total interest expense 17,678 13,780 11,291
Net interest income 345,055 315,675 273,896
Provision for loan losses 10,837 10,984 8,076
Net interest income after provision for loan losses 334,218 304,691 265,820
Noninterest revenues:      
Deposit service fees 70,384 67,896 58,595
Other banking revenues 4,968 5,466 7,477
Employee benefit services 92,279 80,830 46,628
Insurance services 30,317 26,150 23,149
Wealth management services 25,772 22,079 19,776
Unrealized gain on equity securities 657 0 0
Loss on debt extinguishment (318) 0 0
Gain on sales of investment securities, net 0 2 0
Total noninterest revenues 224,059 202,423 155,625
Noninterest expenses:      
Salaries and employee benefits 207,363 186,903 156,396
Occupancy and equipment 39,948 35,561 30,078
Data processing and communications 39,094 37,579 34,501
Amortization of intangible assets 18,155 16,941 5,479
Legal and professional fees 10,644 11,576 8,455
Business development and marketing 9,383 9,994 7,484
Acquisition expenses (769) 25,986 1,706
Other expenses 21,471 22,609 22,749
Total noninterest expenses 345,289 347,149 266,848
Income before income taxes 212,988 159,965 154,597
Income taxes 44,347 9,248 50,785
Net income $ 168,641 $ 150,717 $ 103,812
Basic earnings per share (in dollars per share) $ 3.28 $ 3.07 $ 2.34
Diluted earnings per share (in dollars per share) 3.24 3.03 2.32
Cash dividends declared per share (in dollars per share) $ 1.44 $ 1.32 $ 1.26