Note 8 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(In thousands)	2016		2015		2014
Income taxes currently payable	$	36,792	$	19,301	$	23,631
Deferred income taxes		9,832		13,599		(9,029	)
Provision for income taxes	$	46,624	$	32,900	$	14,602

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)	2016			2015
Deferred tax assets:
Loans acquired	$	7,986		$	14,716
Allowance for loan losses		14,754			12,700
Valuation of foreclosed assets		3,958			11,212
Tax NOLs from acquisition		13,077			14,593
Deferred compensation payable		2,785			2,767
Vacation compensation		1,740			2,250
Accrued equity and other compensation		6,367			5,197
Acquired securities		1,098			1,770
Other accrued liabilities		1,834			1,943
Unrealized loss on available-for-sale securities		9,559			1,655
Other		5,267			3,006
Gross deferred tax assets		68,425			71,809
Deferred tax liabilities:
Goodwill and other intangible amortization		(29,601	)		(30,550	)
Limitations under IRC Sec 382		--			(3,478	)
Accumulated depreciation		(5,370	)		(3,914	)
Other		(5,877	)		(4,187	)
Gross deferred tax liabilities		(40,848	)		(42,129	)
Net deferred tax asset, included in other assets	$	27,577		$	29,680

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	2016			2015			2014
Computed at the statutory rate (35%)	$	50,203		$	37,543		$	17,601
Increase (decrease) in taxes resulting from:
State income taxes, net of federal tax benefit		2,121			2,097			41
Tax exempt interest income		(4,207	)		(4,708	)		(3,774	)
Tax exempt earnings on BOLI		(905	)		(724	)		(499	)
Section 382 adjustment		--			(2,293	)		--
Other differences, net		(588	)		985			1,233
Actual tax provision	$	46,624		$	32,900		$	14,602