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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest income:        
Loans, including fees $ 247,147 $ 221,901 $ 714,179 $ 621,873
Securities:        
Taxable 10,655 12,209 36,438 35,179
Tax-exempt 13,313 10,074 37,541 25,709
Federal funds sold and other 4,634 3,926 11,325 7,861
Total interest income 275,749 248,110 799,483 690,622
Interest expense:        
Deposits 62,531 44,172 175,736 100,920
Securities sold under agreements to repurchase 152 165 439 438
Federal Home Loan Bank advances and other borrowings 17,260 14,353 51,338 43,137
Total interest expense 79,943 58,690 227,513 144,495
Net interest income 195,806 189,420 571,970 546,127
Provision for loan losses 8,260 8,725 22,639 25,058
Net interest income after provision for loan losses 187,546 180,695 549,331 521,069
Noninterest income:        
Total noninterest income 82,619 51,478 204,364 143,600
Noninterest expense:        
Salaries and employee benefits 85,919 69,117 231,915 196,948
Equipment and occupancy 20,348 19,252 63,523 55,203
Other real estate expense, net 655 67 3,424 92
Marketing and other business development 2,723 3,293 8,953 8,084
Postage and supplies 1,766 1,654 5,737 5,984
Amortization of intangibles 2,430 2,616 7,012 7,973
Merger-related expense 0 0 0 8,259
Other noninterest expense 19,100 17,991 54,114 50,935
Total noninterest expense 132,941 113,990 374,678 333,478
Income before income taxes 137,224 118,183 379,017 331,191
Income tax expense 26,703 24,436 74,215 67,069
Net income $ 110,521 $ 93,747 $ 304,802 $ 264,122
Per share information:        
Basic net income per common share (in dollars per share) $ 1.45 $ 1.22 $ 3.99 $ 3.42
Diluted net income per common share (in dollars per share) $ 1.44 $ 1.21 $ 3.97 $ 3.41
Weighted average shares outstanding:        
Basic (in shares) 76,301,010 77,145,023 76,480,757 77,116,377
Diluted (in shares) 76,556,309 77,490,977 76,761,167 77,442,554
Service charges on deposit accounts        
Noninterest income:        
Total noninterest income $ 10,193 $ 9,972 $ 27,675 $ 26,333
Investment services        
Noninterest income:        
Total noninterest income 6,270 5,450 17,607 15,817
Insurance sales commissions        
Noninterest income:        
Total noninterest income 2,252 2,126 7,327 7,293
Gain on mortgage loans sold, net        
Noninterest income:        
Total noninterest income 7,402 3,902 18,291 11,423
Gain on sale of investment securities, net        
Noninterest income:        
Total noninterest income 417 11 (6,009) 41
Trust fees        
Noninterest income:        
Total noninterest income 3,593 3,087 10,349 9,768
Income from equity method investment        
Noninterest income:        
Total noninterest income 32,248 14,236 77,799 33,286
Other noninterest income        
Noninterest income:        
Total noninterest income $ 20,244 $ 12,694 $ 51,325 $ 39,639