XML 13 R3.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME    
Interest and fees on loans $ 159,656 $ 151,945
Interest and dividends on investment securities:    
Taxable 25,516 25,092
Tax exempt 7,830 7,887
Other interest 1,067 1,692
Total interest income 194,069 186,616
INTEREST EXPENSE    
Interest on deposits 11,766 7,619
Interest on Federal funds purchased and securities sold under agreements to repurchase 296 231
Interest on other short-term funding 515 81
Interest on long-term funding 9,505 10,872
Total interest expense 22,082 18,803
NET INTEREST INCOME 171,987 167,813
Provision for credit losses 20,000 4,500
Net interest income after provision for credit losses 151,987 163,313
NONINTEREST INCOME    
Trust service fees 11,447 12,087
Service charges on deposit accounts 16,273 15,806
Card-based and other nondeposit fees 11,991 12,416
Insurance commissions 21,382 19,728
Brokerage and annuity commissions 3,794 3,683
Mortgage banking, net 4,204 7,408
Capital market fees, net 3,538 2,467
Bank owned life insurance income 4,770 2,875
Asset gains, net 524 833
Investment securities gains, net 3,098 0
Other 2,171 2,510
Total noninterest income 83,192 79,813
NONINTEREST EXPENSE    
Personnel expense 101,398 100,152
Occupancy 13,802 17,683
Equipment 5,446 5,772
Technology 14,264 15,558
Business development and advertising 8,211 5,327
Other intangible amortization 504 801
Loan expense 3,221 2,996
Legal and professional fees 5,025 4,538
Foreclosure / OREO expense 1,877 1,162
FDIC expense 7,750 6,500
Other 12,473 13,503
Total noninterest expense 173,971 173,992
Income before income taxes 61,208 69,134
Income tax expense 18,674 22,462
Net income 42,534 46,672
Preferred stock dividends 2,198 1,228
Net income available to common equity $ 40,336 $ 45,444
Earnings per common share:    
Basic (in usd per share) $ 0.27 $ 0.30
Diluted (in usd per share) $ 0.27 $ 0.30
Average common shares outstanding:    
Basic (in shares) 148,601 150,070
Diluted (in shares) 149,454 151,164