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Parent Company Financial Information (Tables)
 12 Months Ended
Dec. 31, 2016
Parent Company Financial Information [Abstract]  
Parent company financial information
Condensed Balance Sheets
 
 
 
December 31,
 
(In thousands)
 
2016
  
2015
 
Assets
      
Cash and cash equivalents
 
$
4,152
  
$
28,682
 
Securities available for sale, at estimated fair value
  
15,273
   
12,711
 
Trading securities
  
8,968
   
8,042
 
Investment in subsidiaries, on equity basis
  
1,006,444
   
941,731
 
Other assets
  
44,178
   
65,133
 
Total assets
 
$
1,079,015
  
$
1,056,299
 
Liabilities and Stockholders’ Equity
        
Total liabilities
 
$
165,699
  
$
174,295
 
Stockholders’ equity
  
913,316
   
882,004
 
Total liabilities and stockholders’ equity
 
$
1,079,015
  
$
1,056,299
 

Condensed Income Statements
 
 
Years ended December 31,
 
(In thousands)
 
2016
  
2015
  
2014
 
Dividends from subsidiaries
 
$
10,200
  
$
78,200
  
$
35,400
 
Management fee from subsidiaries
  
95,244
   
92,629
   
87,116
 
Securities gains
  
652
   
3,034
   
49
 
Interest, dividend and other income
  
976
   
693
   
800
 
Total revenue
  
107,072
   
174,556
   
123,365
 
Operating expense
  
97,977
   
94,332
   
89,834
 
Income before income tax benefit and equity in undistributed income of subsidiaries
  
9,095
   
80,224
   
33,531
 
Income tax benefit (expense)
  
321
   
(515
)
  
631
 
Dividends in excess of income (equity in undistributed income) of subsidiaries
  
68,993
   
(3,284
)
  
40,912
 
Net income
 
$
78,409
  
$
76,425
  
$
75,074
 

Condensed Statements of Cash Flow
 
 
Years ended December 31,
 
(In thousands)
 
2016
  
2015
  
2014
 
Operating activities
         
Net income
 
$
78,409
  
$
76,425
  
$
75,074
 
Adjustments to reconcile net income to net cash provided by operating activities
            
Stock-based compensation
  
4,378
   
4,086
   
3,521
 
(Losses) gains on sales of available-for-sale securities
  
(652
)
  
(3,034
)
  
49
 
Equity in undistributed income of subsidiaries
  
(79,193
)
  
(74,916
)
  
(75,824
)
Cash dividend from subsidiaries
  
10,200
   
78,200
   
35,400
 
Net change in other liabilities
  
(8,596
)
  
6,770
   
18,594
 
Net change in other assets
  
22,372
   
(6,944
)
  
(25,151
)
Net cash provided by operating activities
  
26,918
   
80,587
   
31,663
 
Investing activities
            
Purchases of available-for-sale securities
  
(580
)
  
(3,083
)
  
(597
)
Sales and maturities of available-for-sale securities
  
1,783
   
5,297
   
140
 
Purchases of premises and equipment
  
(278
)
  
(408
)
  
(640
)
Net cash provided by (used in) investing activities
  
925
   
1,806
   
(1,097
)
Financing activities
            
Proceeds from the issuance of shares to employee benefit plans and other stock plans
  
2,645
   
7,692
   
5,943
 
Purchases of treasury shares
  
(17,193
)
  
(26,797
)
  
(72
)
Cash dividends and payments for fractional shares
  
(38,880
)
  
(38,149
)
  
(36,905
)
Net tax benefit (expense) from stock-based compensation
  
1,055
   
(43
)
  
313
 
Net cash used in financing activities
  
(52,373
)
  
(57,297
)
  
(30,721
)
Net (decrease) increase in cash and cash equivalents
  
(24,530
)
  
25,096
   
(155
)
Cash and cash equivalents at beginning of year
  
28,682
   
3,586
   
3,741
 
Cash and cash equivalents at end of year
 
$
4,152
  
$
28,682
  
$
3,586
 

A statement of changes in stockholders’ equity has not been presented since it is the same as the consolidated statement of changes in stockholders’ equity previously presented.