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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income      
Loans and leases $ 876,472 $ 874,892 $ 700,525
Investment securities:      
U. S. Treasury 11,837 15,353 11,656
Government agency 2,883 6,843 7,410
Residential mortgage-backed securities 79,336 65,815 36,492
Corporate bonds 1,783 0 255
State, county and municipal 1 33 13
Other 911 206 385
Total investment securities interest and dividend income 96,751 88,250 56,211
Overnight investments 14,534 6,067 3,712
Total interest income 987,757 969,209 760,448
Interest expense      
Deposits 18,169 21,230 24,786
Short-term borrowings 1,965 4,660 9,177
Long-term obligations 22,948 18,414 16,388
Total interest expense 43,082 44,304 50,351
Net interest income (loss) 944,675 924,905 710,097
Provision for loan and lease losses 32,941 20,664 640
Net interest income after provision for loan and lease losses 911,734 904,241 709,457
Noninterest income      
Gain on acquisitions 5,831 42,930 0
Cardholder services 83,417 77,342 59,607
Merchant services 95,774 84,207 64,075
Service charges on deposit accounts 89,359 90,546 69,100
Wealth management services 80,221 82,865 66,115
Fees from processing services 71 180 17,989
Securities gains (losses) 26,673 10,817 29,096
Other service charges and fees 26,940 23,807 17,760
Mortgage income 20,348 18,168 5,828
Insurance commissions 11,150 11,757 11,129
ATM income 7,283 7,119 5,388
Adjustments to FDIC receivable (9,725) (19,009) (32,151)
Net impact from FDIC shared-loss termination 16,559 0 0
Other 34,170 36,359 29,277
Total noninterest income 488,071 467,088 343,213
Noninterest expense      
Salaries and wages 428,351 429,742 349,279
Employee benefits 104,518 113,309 79,898
Occupancy expense 102,609 98,191 86,775
Equipment expense 92,501 92,639 79,084
Merchant processing 65,440 58,231 42,661
Cardholder processing 24,474 21,735 15,133
FDIC insurance expense 20,967 18,340 12,979
Foreclosure-related expenses 4,490 2,662 17,368
Merger-related expenses 5,341 14,174 13,064
Other 200,047 189,892 152,835
Total noninterest expense 1,048,738 1,038,915 849,076
Income before income taxes 351,067 332,414 203,594
Income taxes 125,585 122,028 65,032
Income taxes 92,439 121,478 98,371
Net income $ 225,482 $ 210,386 $ 138,562
Average shares outstanding (in shares) 12,010,405 12,010,405 10,221,721
Cash dividends (in dollars per share) $ 1.20 $ 1.20 $ 1.20
Net income per share $ 18.77 $ 17.52 $ 13.56