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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans, including fees $ 413,611 $ 375,173 $ 322,508
Investment securities:      
Taxable 72,485 81,484 82,347
Tax-exempt 4,885 8,141 9,656
Other interest income 1,420 1,024 625
Total interest income 492,401 465,822 415,136
Interest expense:      
Savings deposits 16,379 12,764 6,208
Time deposits 20,970 13,096 9,736
Securities sold under repurchase agreements 2,432 2,415 6,617
Other borrowings 12,413 17,404 10,978
Junior subordinated deferrable interest debentures 6,435 6,989 5,392
Total interest expense 58,629 52,668 38,931
Net interest income 433,772 413,154 376,205
Provision for probable loan losses 18,843 6,112 11,221
Net interest income after provision for probable loan losses 414,929 407,042 364,984
Other service charges, commissions and fees      
Investment securities transactions, net (12) (141) (4,774)
Other investments, net 5,985 19,897 18,918
Other income 17,523 18,367 11,085
Total non-interest income 154,826 165,042 150,406
Non-interest expense:      
Employee compensation and benefits 145,929 138,532 132,750
Occupancy 28,635 29,097 28,439
Depreciation of bank premises and equipment 28,270 25,873 25,281
Professional fees 17,661 12,601 13,650
Deposit insurance assessments 1,416 3,742 3,294
Net expense, other real estate owned 6,377 4,413 965
Amortization of identified intangible assets     25
Advertising 7,748 7,695 7,854
Early termination fee - securities sold under repurchase agreements     5,765
Software and software maintenance 19,850 17,516 19,189
Other 53,915 60,032 56,536
Total non-interest expense 309,801 299,501 293,748
Income before income taxes 259,954 272,583 221,642
Provision for income taxes 54,850 56,652 64,206
Net income $ 205,104 $ 215,931 $ 157,436
Basic earnings per common share:      
Weighted average number of shares outstanding (in shares) 65,476,606 66,106,580 66,046,155
Net income (in dollars per share) $ 3.13 $ 3.27 $ 2.38
Fully diluted earnings per common share:      
Weighted average number of shares outstanding (in shares) 65,685,684 66,633,820 66,778,436
Net income (in dollars per share) $ 3.12 $ 3.24 $ 2.36
Services charges on deposit accounts      
Non-interest income:      
Service charges $ 72,502 $ 72,433 $ 72,868
Other service charges, commissions and fees, Banking      
Non-interest income:      
Service charges 50,996 46,685 44,964
Other service charges, commissions and fees, Non-banking      
Non-interest income:      
Service charges $ 7,832 $ 7,801 $ 7,345