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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income      
Loans and leases $ 874,892 $ 700,525 $ 757,197
Investment securities:      
U. S. Treasury 15,353 11,656 1,645
Government agency 6,843 7,410 12,265
Residential mortgage-backed securities 65,815 36,492 22,642
State, county and municipal 33 13 12
Other 206 640 320
Total investment securities interest and dividend income 88,250 56,211 36,884
Overnight investments 6,067 3,712 2,723
Total interest income 969,209 760,448 796,804
Interest expense      
Deposits 21,230 24,786 34,495
Short-term borrowings 4,660 9,177 2,724
Long-term obligations 18,414 16,388 19,399
Total interest expense 44,304 50,351 56,618
Net interest income (loss) 924,905 710,097 740,186
Provision for loan and lease losses 20,664 640 (32,255)
Net interest income after provision for loan and lease losses 904,241 709,457 772,441
Noninterest income      
Gain on acquisition 42,930 0 0
Cardholder and merchant services 77,342 59,607 48,360
Merchant Discount Fees 84,207 64,075 56,024
Service charges on deposit accounts 90,546 69,100 60,661
Wealth management services 82,865 66,115 59,628
Fees from processing services 180 17,989 22,821
Securities gains (losses) 10,817 29,096 0
Other service charges and fees 23,807 17,760 15,696
Mortgage income 18,168 5,828 11,065
Insurance commissions 11,757 11,129 10,694
ATM income 7,119 5,388 5,026
Adjustments to FDIC receivable (19,009) (32,151) (72,342)
Other 36,359 29,277 49,749
Total noninterest income 467,088 343,213 267,382
Noninterest expense      
Salaries and wages 429,742 349,279 308,936
Employee benefits 113,309 79,898 90,479
Occupancy expense 98,191 86,775 75,713
Equipment expense 92,639 79,084 75,538
FDIC insurance expense 18,340 12,979 10,175
Foreclosure-related expenses 2,662 17,368 17,134
Merger-related expenses 14,174 13,064 391
Other 269,858 210,629 193,014
Total noninterest expense 1,038,915 849,076 771,380
Income before income taxes 332,414 203,594 268,443
Income taxes 122,028 65,032 101,574
Income taxes 121,478 98,371 53,928
Net income $ 210,386 $ 138,562 $ 166,869
Average shares outstanding (in shares) 12,010,405 10,221,721 9,618,952
Cash dividends (in dollars per share) $ 1.20 $ 1.20 $ 1.20
Net income per share $ 17.52 $ 13.56 $ 17.35