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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income    
Loans $ 70,316 $ 70,822
Taxable securities 8,017 7,526
Tax-exempt securities 2,803 3,042
Deposits in banks 38 27
Total interest income 81,174 81,417
Interest Expense    
Deposits 742 748
Federal Home Loan Bank advances 124 159
Other borrowings 138 146
Total interest expense 1,004 1,053
Net Interest Income 80,170 80,364
Provision for loan and lease losses 5,254 1,209
Net interest income after provision for loan and lease losses 74,916 79,155
Noninterest Income    
Deposit account and treasury management fees (1) [1] 6,989 6,860
Card revenue [1] 5,652 5,363
Financial services and trust revenue [1] 2,821 3,124
Loan revenue [1] 2,262 2,603
Merchant processing revenue 2,102 2,040
Bank Owned Life Insurance Income 1,116 1,078
Investment securities gains, net 373 721
Change in FDIC loss-sharing asset (1,103) 150
Other (1) [1] 434 828
Total noninterest income 20,646 22,767
Noninterest Expense    
Compensation and employee benefits 36,319 39,100
Occupancy 10,173 7,993
Merchant processing expense 1,033 977
Advertising and promotion 842 931
Data processing 4,146 4,984
Legal and professional fees 1,325 2,507
Taxes, licenses and fees 1,290 1,232
Regulatory premiums 1,141 1,221
Net cost (benefit) of operation of other real estate owned 104 (1,246)
Amortization of intangibles 1,583 1,817
Other 7,118 7,218
Total noninterest expense 65,074 66,734
Income before income taxes 30,488 35,188
Income tax provision 9,229 10,827
Net Income $ 21,259 $ 24,361
Earnings per common share    
Basic ($ per share) $ 0.37 $ 0.42
Diluted ($ per share) 0.37 0.42
Dividends paid per common share $ 0.38 $ 0.30
Weighted average number of common shares outstanding 57,114 56,965
Weighted average number of diluted common shares outstanding 57,125 56,978
[1] Reclassified to conform to the current period’s presentation. Reclassifications consisted of disaggregating fee revenue previously presented in ‘Service charges and other fees’ and certain revenue previously presented in ‘Other’ into the presentation above. The Company made these reclassifications to provide additional information about its sources of noninterest income. There was no change to total noninterest income as previously reported as a result of these reclassifications.