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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest Income      
Loans $ 324,229 $ 291,465 $ 286,166
Taxable securities 38,659 35,167 30,774
Tax-exempt securities 11,045 11,121 11,842
Deposits in banks 813 216 109
Total interest income 374,746 337,969 328,891
Interest Expense      
Deposits 4,800 3,134 2,977
Federal Home Loan Bank advances 1,078 671 474
Interest Expense, Subordinated Notes and Debentures 304 0 0
Other borrowings 575 545 553
Total interest expense 6,757 4,350 4,004
Net Interest Income 367,989 333,619 324,887
Provision for loan and lease losses 8,631 10,778 8,591
Net interest income after provision for loan and lease losses 359,358 322,841 316,296
Noninterest Income      
Deposit account and treasury management fees 30,381 28,500 28,451
Card revenue 25,627 23,620 22,690
Financial services and trust revenue 11,478 11,266 12,596
Loan revenue 12,399 10,967 10,932
Merchant Discount Fees 4,283 8,732 8,975
Investment securities gains (losses), net (11) 1,181 1,581
Gain on sale of merchant card services portfolio 14,000 0 0
Bank owned life insurance 5,380 4,546 4,441
Change in FDIC loss sharing asset (447) (2,585) (4,010)
Other 6,552 1,855 5,817
Total noninterest income 109,642 88,082 91,473
Noninterest Expense      
Compensation and employee benefits 169,674 150,282 149,410
Occupancy 32,407 33,734 34,818
Merchant processing 2,196 4,330 4,204
Advertising and promotion 4,466 4,598 4,713
Data processing 18,205 16,488 17,421
Legal and professional fees 15,151 7,889 9,608
Taxes, licenses and fees 4,773 5,185 5,395
Regulatory premiums 3,183 3,777 4,806
Net cost (benefit) of operation of other real estate owned 468 551 (1,629)
Amortization of intangibles 6,333 5,946 6,882
Other 34,161 28,362 30,521
Total noninterest expense 291,017 261,142 266,149
Income before income taxes 177,983 149,781 141,620
Income tax provision 65,155 44,915 42,793
Net Income $ 112,828 $ 104,866 $ 98,827
Per Common Share      
Basic earnings per common share $ 1.86 [1] $ 1.81 [1] $ 1.71
Diluted earnings per common share $ 1.86 [1] $ 1.81 [1] $ 1.71
Weighted average number of common shares outstanding 59,882 57,184 57,019
Weighted average number of diluted common shares outstanding 59,888 57,193 57,032
[1] Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year.