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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income      
Interest and fees on loans $ 666,950 $ 636,720 $ 565,537
Interest on federal funds sold and other short-term investments 21,338 19,268 16,035
Interest and dividends on securities:      
Taxable 70,789 56,273 36,715
Tax-exempt 3,485 5,454 5,519
Total interest income 762,562 717,715 623,806
Interest expense      
Interest on deposits 135,649 91,507 49,726
Interest on short-term borrowings 2,347 2,245 1,579
Interest on long-term borrowings 46,644 35,318 23,504
Total interest expense 184,640 129,070 74,809
Net interest income 577,922 588,645 548,997
Provision for loan losses 21,313 22,013 28,406
Net interest income after provision for loan losses 556,609 566,632 520,591
Other income      
Income from bank-owned life insurance 7,339 5,045 5,110
Net gain on the sale of bank premises 0 2,763 0
Net investment securities gains (losses) 175 (2,618) 5,584
Other income 1,327 1,767 2,039
Total other income 150,484 128,712 131,645
Other expense      
Employee compensation 173,962 164,468 166,393
Employee benefits 35,745 36,172 34,997
Net occupancy expense 34,850 36,462 39,067
Other real estate owned (OREO) expense 5,336 3,444 6,003
Equipment expense 14,210 13,846 10,528
Data processing expense 22,232 23,800 21,019
Bankcard processing expense 1,877 1,971 1,809
FDIC insurance expense 8,070 11,464 7,051
FHLB prepayment penalties 5,105 0 0
Other expense 81,267 76,552 80,542
Total other expense 382,654 368,179 367,409
Income before income taxes 324,439 327,165 284,827
Income taxes 64,340 70,823 134,246
Net income $ 260,099 $ 256,342 $ 150,581
Earnings per common share:      
Basic $ 2.55 $ 2.46 $ 1.54
Diluted 2.55 2.45 1.54
Dividends per common share $ 1.37 $ 1.36 $ 1.33
Average outstanding shares:      
Basic 101,585,599 104,015,976 97,502,633
Diluted 101,852,577 104,298,825 97,890,078
Fees From Trust Services [Member]      
Other income      
Revenue from contract $ 13,873 $ 12,930 $ 11,801
Fees from Brokerage Services [Member]      
Other income      
Revenue from contract 10,136 9,347 7,730
Fees from Deposit Services [Member]      
Other income      
Revenue from contract 33,768 33,973 33,622
Bankcard Fees and Merchant Discounts [Member]      
Other income      
Revenue from contract 4,674 5,168 4,795
Other Service Charges, Commissions, and Fees [Member]      
Other income      
Revenue from contract 2,241 2,228 2,057
Mortgage Banking [Member]      
Other income      
Revenue from contract $ 76,951 $ 58,109 $ 58,907