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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income:      
Interest and fees on loans $ 271,145 $ 248,687 $ 241,979
Interest and dividends on:      
Obligations of U.S. Government, its agencies and other securities - taxable 29,479 27,440 30,627
Obligations of states and political subdivisions - tax-exempt 8,770 7,210 2,632
Other interest income 1,407 3,087 1,020
Total interest and dividend income 310,801 286,424 276,258
Interest on deposits:      
Demand and savings deposits 19,815 9,464 4,079
Time deposits 12,375 9,629 9,337
Interest on short-term borrowings 1,600 992 456
Interest on long-term debt 10,113 22,580 24,300
Total interest expense 43,903 42,665 38,172
Net interest income 266,898 243,759 238,086
Provision for (recovery of) loan losses 7,945 8,557 (5,101)
Net interest income after provision for (recovery of) loan losses 258,953 235,202 243,187
Net (loss) gain on the sale of investment securities (2,271) 1,821 0
Gain on equity securities, net 3,213 0 0
Other components of net periodic benefit income 6,820 5,794 5,308
Bank owned life insurance income 6,815 4,858 4,338
ATM fees 1,978 2,253 2,268
Gain on the sale of OREO, net 4,235 251 1,323
OREO valuation adjustments (491) (458) (601)
Gain on the sale of non-performing loans 2,826 0 0
Miscellaneous 8,639 6,562 6,268
Total other income 101,101 86,429 84,039
Other expense:      
Salaries 103,755 92,177 87,034
Employee benefits 30,289 24,937 24,174
Data processing fees 8,477 7,250 5,608
Professional fees and services 28,894 24,833 27,181
Occupancy expense 11,251 10,201 10,239
Furniture and equipment expense 16,139 15,324 13,766
Insurance 5,289 6,354 5,825
Marketing 5,144 4,374 4,523
Communication 4,981 4,826 4,985
State tax expense 3,813 3,583 3,560
Amortization of intangibles 578 0 0
Prepayment penalty on long-term debt 0 0 5,554
Miscellaneous 10,145 9,303 11,882
Total other expense 228,755 203,162 204,331
Income (loss) before taxes 131,299 118,469 122,895
Income Tax Expense (Benefit) 20,912 34,227 36,760
Net income $ 110,387 $ 84,242 $ 86,135
Earnings per common share:      
Basic (in dollars per share) $ 7.13 $ 5.51 $ 5.62
Diluted (in dollars per share) $ 7.07 $ 5.47 $ 5.59
Fiduciary and Trust [Member]      
Interest on deposits:      
Revenue from Contract with Customer, Including Assessed Tax $ 26,293 $ 23,735 $ 21,400
Deposit Account [Member]      
Interest on deposits:      
Revenue from Contract with Customer, Including Assessed Tax 11,461 12,653 14,259
Bank Servicing [Member]      
Interest on deposits:      
Revenue from Contract with Customer, Including Assessed Tax 14,266 13,162 14,419
Miscellaneous 14,300 13,200 14,400
Debit Card [Member]      
Interest on deposits:      
Revenue from Contract with Customer, Including Assessed Tax $ 17,317 $ 15,798 $ 15,057