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QUARTERLY FINANCIAL INFORMATION (unaudited) | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
QUARTERLY FINANCIAL INFORMATION (unaudited) | NOTE 22 — QUARTERLY FINANCIAL INFORMATION (unaudited)
|  | Quarters Ended
($ in thousands, except per share data) |  | December 31, |  | September 30, |  | June 30, |  | March 31,
2015 |  |  |  |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 270,477 |  |  | $ | 264,632 |  |  | $ | 255,445 |  |  | $ | 263,261 |
Interest expense |  | 23,536 |  |  | 24,343 |  |  | 27,953 |  |  | 27,544 |
Net interest income before (reversal of) provision for credit losses |  | 246,941 |  |  | 240,289 |  |  | 227,492 |  |  | 235,717 |
(Reversal of) provision for credit losses |  | (2,000 | ) |  | 7,736 |  |  | 3,494 |  |  | 4,987 |
Net interest income after (reversal of) provision for credit losses |  | 248,941 |  |  | 232,553 |  |  | 223,998 |  |  | 230,730 |
Noninterest income |  | 44,483 |  |  | 54,181 |  |  | 40,593 |  |  | 44,126 |
Noninterest expense |  | 144,939 |  |  | 147,745 |  |  | 120,170 |  |  | 128,030 |
Income before taxes |  | 148,485 |  |  | 138,989 |  |  | 144,421 |  |  | 146,826 |
Income tax expense |  | 56,680 |  |  | 44,892 |  |  | 45,673 |  |  | 46,799 |
Net income |  | $ | 91,805 |  |  | $ | 94,097 |  |  | $ | 98,748 |  |  | $ | 100,027 |
Earnings per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.64 |  |  | $ | 0.65 |  |  | $ | 0.69 |  |  | $ | 0.70 |
Diluted |  | $ | 0.63 |  |  | $ | 0.65 |  |  | $ | 0.68 |  |  | $ | 0.69 |
Weighted average number of shares outstanding (in thousands) |  |  |  |  |  |  |  |
Basic |  | 143,900 |  |  | 143,861 |  |  | 143,846 |  |  | 143,655 |
Diluted |  | 144,686 |  |  | 144,590 |  |  | 144,480 |  |  | 144,349 |
Dividends declared per common share |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |
|  | Quarters Ended
($ in thousands, except per share data) |  | December 31, |  | September 30, |  | June 30, |  | March 31,
2014 |  |  |  |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 287,135 |  |  | $ | 285,948 |  |  | $ | 294,442 |  |  | $ | 286,173 |
Interest expense |  | 27,647 |  |  | 28,974 |  |  | 27,992 |  |  | 28,207 |
Net interest income before provision for credit losses |  | 259,488 |  |  | 256,974 |  |  | 266,450 |  |  | 257,966 |
Provision for credit losses |  | 19,000 |  |  | 15,225 |  |  | 8,000 |  |  | 6,933 |
Net interest income after provision for credit losses |  | 240,488 |  |  | 241,749 |  |  | 258,450 |  |  | 251,033 |
Noninterest income (loss) |  | 7,805 |  |  | 10,342 |  |  | (14,945 | ) |  | (14,916 | )
Noninterest expense (1) |  | 125,698 |  |  | 166,792 |  |  | 120,539 |  |  | 119,954 |
Income before taxes (1) |  | 122,595 |  |  | 85,299 |  |  | 122,966 |  |  | 116,163 |
Income tax expense (benefit) (1) |  | 27,093 |  |  | (6,601 | ) |  | 38,661 |  |  | 41,992 |
Net income (1) |  | $ | 95,502 |  |  | $ | 91,900 |  |  | $ | 84,305 |  |  | $ | 74,171 |
Earnings per share |  |  |  |  |  |  |  |
Basic (1) |  | $ | 0.67 |  |  | $ | 0.64 |  |  | $ | 0.59 |  |  | $ | 0.52 |
Diluted (1) |  | $ | 0.66 |  |  | $ | 0.64 |  |  | $ | 0.59 |  |  | $ | 0.52 |
Weighted average number of shares outstanding (in thousands) |  |  |  |  |  |  |  |
Basic |  | 143,432 |  |  | 143,210 |  |  | 143,187 |  |  | 141,962 |
Diluted |  | 144,116 |  |  | 143,810 |  |  | 143,689 |  |  | 142,632 |
Dividends declared per common share |  | $ | 0.18 |  |  | $ | 0.18 |  |  | $ | 0.18 |  |  | $ | 0.18 |
(1) | Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. Please see Note 9 — Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net to the Consolidated Financial Statements for additional information.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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