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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest Income        
Loans $ 75,579 $ 71,651 $ 149,699 $ 141,967
Taxable securities 9,468 8,829 20,454 16,846
Tax-exempt securities 2,716 2,795 5,407 5,598
Deposits in banks 23 28 42 66
Total interest income 87,786 83,303 175,602 164,477
Interest Expense        
Deposits 908 787 1,695 1,529
Federal Home Loan Bank advances 591 241 816 365
Other borrowings 126 135 255 273
Total interest expense 1,625 1,163 2,766 2,167
Net Interest Income 86,161 82,140 172,836 162,310
Provision for loan and lease losses 3,177 3,640 5,952 8,894
Net interest income after provision for loan and lease losses 82,984 78,500 166,884 153,416
Noninterest Income        
Deposit account and treasury management fees 7,396 7,093 14,683 14,082
Card revenue 6,202 6,051 11,925 11,703
Financial services and trust revenue 3,036 2,780 5,875 5,601
Loan revenue 2,989 2,802 6,582 5,064
Merchant processing revenue 2,264 2,272 4,283 4,374
Bank owned life insurance 1,433 1,270 2,713 2,386
Investment securities gains 0 229 0 602
Change in FDIC loss-sharing asset (173) (990) (447) (2,093)
Other 988 433 3,380 867
Total noninterest income 24,135 21,940 48,994 42,586
Noninterest Expense        
Compensation and employee benefits 38,393 37,291 79,218 73,610
Occupancy 7,577 7,652 14,768 17,825
Merchant processing expense 1,147 1,118 2,196 2,151
Advertising and promotion 1,137 1,043 1,954 1,885
Data processing 4,741 3,929 8,949 8,075
Legal and professional fees 2,947 1,777 6,316 3,102
Taxes, licenses and fees 748 1,298 1,989 2,588
Regulatory premiums 741 1,068 1,517 2,209
Net cost (benefit) of operation of other real estate owned (1) 84 151 188
Amortization of intangibles 1,249 1,483 2,598 3,066
Other 10,188 7,047 18,197 14,165
Total noninterest expense 68,867 63,790 137,853 128,864
Income before income taxes 38,252 36,650 78,025 67,138
Income tax provision 11,120 11,245 21,694 20,474
Net Income $ 27,132 $ 25,405 $ 56,331 $ 46,664
Earnings per common share        
Basic ($ per share) $ 0.47 $ 0.44 $ 0.97 $ 0.80
Diluted ($ per share) 0.47 0.44 0.97 0.80
Dividends paid per common share $ 0.22 $ 0.37 $ 0.44 $ 0.75
Weighted average number of common shares outstanding 57,520 57,185 57,437 57,149
Weighted average number of diluted common shares outstanding 57,525 57,195 57,442 57,160