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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST INCOME        
Interest and fees on loans $ 184,246 $ 163,059 $ 357,895 $ 322,715
Interest and dividends on investment securities:        
Taxable 23,658 24,270 47,133 49,786
Tax exempt 8,143 7,894 16,272 15,724
Other interest 1,553 1,318 3,089 2,385
Total interest income 217,600 196,541 424,389 390,610
INTEREST EXPENSE        
Interest on deposits 21,180 11,678 38,104 23,444
Interest on Federal funds purchased and securities sold under agreements to repurchase 824 378 1,339 674
Interest on other short-term funding 1,827 845 2,907 1,360
Interest on long-term funding 9,950 6,923 17,946 16,428
Total interest expense 33,781 19,824 60,296 41,906
NET INTEREST INCOME 183,819 176,717 364,093 348,704
Provision for credit losses 12,000 14,000 21,000 34,000
Net interest income after provision for credit losses 171,819 162,717 343,093 314,704
NONINTEREST INCOME        
Trust service fees 12,346 11,509 24,281 22,956
Service charges on deposit accounts 16,030 16,444 32,386 32,717
Card-based and other nondeposit fees 13,764 12,717 26,229 24,708
Insurance commissions 20,853 22,005 42,473 43,387
Brokerage and annuity commissions 4,346 4,098 8,679 7,892
Mortgage banking, net 5,027 4,067 9,606 8,271
Capital market fees, net 4,042 3,793 7,925 7,331
Bank owned life insurance income 3,899 2,973 6,514 7,743
Asset gains (losses), net (466) (343) (700) 181
Investment securities gains, net 356 3,116 356 6,214
Other 2,213 1,789 4,492 3,960
Total noninterest income 82,410 82,168 162,241 165,360
NONINTEREST EXPENSE        
Personnel expense 104,683 102,129 209,102 203,527
Occupancy 12,832 13,215 28,051 27,017
Equipment 5,234 5,396 10,719 10,842
Technology 15,473 14,450 29,893 28,714
Business development and advertising 7,152 6,591 12,987 14,802
Other intangible amortization 496 539 1,009 1,043
Loan expense 2,974 3,442 5,594 6,663
Legal and professional fees 5,711 4,856 9,877 9,881
Foreclosure / OREO expense 1,182 1,330 2,687 3,207
FDIC expense 8,000 8,750 16,000 16,500
Other 12,579 13,662 24,088 26,135
Total noninterest expense 176,316 174,360 350,007 348,331
Income before income taxes 77,913 70,525 155,327 131,733
Income tax expense 19,930 21,434 41,074 40,108
Net income 57,983 49,091 114,253 91,625
Preferred stock dividends 2,339 2,169 4,669 4,367
Net income available to common equity $ 55,644 $ 46,922 $ 109,584 $ 87,258
Earnings per common share:        
Basic (in usd per share) $ 0.36 $ 0.31 $ 0.72 $ 0.58
Diluted (in usd per share) $ 0.36 $ 0.31 $ 0.71 $ 0.58
Average common shares outstanding:        
Basic (in shares) 151,573 148,511 151,196 148,556
Diluted (in shares) 154,302 149,530 154,147 149,518