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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans $ 363,136 $ 363,197
Money market investments 6,573 2,863
Investment securities 44,886 36,271
Trading account securities 1,400 1,689
Total interest income 415,995 404,020
Interest expense:    
Deposits 33,757 29,874
Short-term borrowings 1,095 1,861
Long-term debt 19,045 19,873
Total interest expense 53,897 51,608
Net interest income 362,098 352,412
Provision for loan losses 40,698 44,835
Net interest income after provision for loan losses 321,400 307,577
Service charges on deposit accounts 39,536 39,862
Other service fees 56,175 53,382
Mortgage banking activities 11,369 10,551
Sale and valuation adjustments of investment securities 162 0
Trading account profit (278) (162)
Net (loss) gain on sale of loans, including valuation adjustments on loans held-for-sale 0 (304)
Adjustments (expense) to indemnity reserves on loans sold (1,966) (4,098)
FDIC loss share (expense) income (8,257) (3,146)
Other operating income 19,128 15,545
Total non-interest income 115,869 111,630
Operating expenses:    
Personnel costs 125,607 127,091
Net occupancy expenses 20,776 20,430
Equipment expenses 15,970 14,548
Other taxes 10,969 10,195
Professional Fees 69,250 75,459
Communications 5,949 6,320
Business promotion 11,576 11,110
FDIC deposit insurance 6,493 7,370
Other real estate owned (O R E O) expenses 12,818 9,141
Other operating expenses 29,565 17,165
Amortization of intangibles 2,345 3,114
Total operating expenses 311,318 301,943
Income from continuing operations before income tax 125,951 117,264
Income tax expense 33,006 32,265
Income from continuing operations 92,945 84,999
Net Income 92,945 84,999
Net income applicable to common stock $ 92,014 $ 84,068
Net Income per Common Share - Basic $ 0.89 $ 0.81
Net Income per Common Share - Diluted 0.89 0.81
Dividends Declared per Common Share $ 0.25 $ 0.15
Non Covered Under Loss Sharing Agreements with FDIC    
Interest expense:    
Provision for loan losses $ 42,057 $ 47,940
Covered Under Loss Sharing Agreements With FDIC Member    
Interest expense:    
Provision for loan losses $ (1,359) $ (3,105)