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Condensed Financial Information - Parent Company Only | 12 Months Ended
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Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Financial Statements - Parent Company Only |
NOTE S – CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY
CONDENSED BALANCE SHEETS (in thousands)
| December 31 |  |  | December 31
| 2014 |  | 2013 |  |  | 2014 |  | 2013
ASSETS |  |  |  |  | LIABILITIES AND EQUITY |  |  |
Cash | $ | 137 |  |  | $ | 8 |  |  | Long-term debt | $ | 465,936 |  |  | $ | 368,487 |
Other assets | 10,053 |  |  | 2,526 |  |  | Payable to non-bank subsidiaries | 84,676 |  |  | 42,944 |
Receivable from subsidiaries | 29,120 |  |  | 21,849 |  |  | Other liabilities | 81,682 |  |  | 66,313 |
|  |  |  |  | Total Liabilities | 632,294 |  |  | 477,744 |
Investments in: |  |  |  |  |  |  |  |
Bank subsidiaries | 2,174,786 |  |  | 2,109,696 |  |  |  |  |  |
Non-bank subsidiaries | 414,863 |  |  | 406,852 |  |  | Shareholders’ equity | 1,996,665 |  |  | 2,063,187 |
Total Assets | $ | 2,628,959 |  |  | $ | 2,540,931 |  |  | Total Liabilities and Shareholders’ Equity | $ | 2,628,959 |  |  | $ | 2,540,931 |
CONDENSED STATEMENTS OF INCOME
| 2014 |  | 2013 |  | 2012
| (in thousands)
Income: |  |  |  |  |
Dividends from subsidiaries | $ | 139,150 |  |  | $ | 114,438 |  |  | $ | 142,000 |
Other | 120,543 |  |  | 106,297 |  |  | 88,380 |
| 259,693 |  |  | 220,735 |  |  | 230,380 |
Expenses | 152,243 |  |  | 138,164 |  |  | 124,525 |
Income before income taxes and equity in undistributed net income of subsidiaries | 107,450 |  |  | 82,571 |  |  | 105,855 |
Income tax benefit | (10,549 | ) |  | (10,744 | ) |  | (10,847 | )
| 117,999 |  |  | 93,315 |  |  | 116,702 |
Equity in undistributed net income (loss) of: |  |  |  |  |
Bank subsidiaries | 33,134 |  |  | 56,552 |  |  | 46,350 |
Non-bank subsidiaries | 6,761 |  |  | 11,973 |  |  | (3,207 | )
Net Income | $ | 157,894 |  |  | $ | 161,840 |  |  | $ | 159,845 |
CONDENSED STATEMENTS OF CASH FLOWS
| 2014 |  | 2013 |  | 2012
| (in thousands)
Cash Flows From Operating Activities: |  |  |  |  |
Net Income | $ | 157,894 |  |  | $ | 161,840 |  |  | $ | 159,845 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Stock-based compensation | 5,865 |  |  | 5,330 |  |  | 4,834 |
Excess tax benefits from stock-based compensation | (81 | ) |  | (302 | ) |  | (39 | )
(Increase) decrease in other assets | (7,120 | ) |  | 1,893 |  |  | (6,340 | )
Equity in undistributed net income of subsidiaries | (39,895 | ) |  | (68,525 | ) |  | (43,143 | )
Increase in other liabilities and payable to non-bank subsidiaries | 37,354 |  |  | 26,946 |  |  | 6,885 |
Total adjustments | (3,877 | ) |  | (34,658 | ) |  | (37,803 | )
Net cash provided by operating activities | 154,017 |  |  | 127,182 |  |  | 122,042 |
Cash Flows From Investing Activities: |  |  |  |  |
Investments in non-bank subsidiaries | — |  |  | — |  |  | (32,649 | )
Net cash used in investing activities | — |  |  | — |  |  | (32,649 | )
Cash Flows From Financing Activities: |  |  |  |  |
Repayments of long-term debt | — |  |  | — |  |  | (4,125 | )
Additions to long-term debt | 97,113 |  |  | — |  |  | — |
Net proceeds from issuance of common stock | 8,201 |  |  | 9,936 |  |  | 7,005 |
Excess tax benefits from stock-based compensation | 81 |  |  | 302 |  |  | 39 |
Dividends paid | (64,028 | ) |  | (46,525 | ) |  | (71,972 | )
Acquisition of treasury stock | (175,255 | ) |  | (90,927 | ) |  | (20,359 | )
Deferred accelerated stock repurchase payment | (20,000 | ) |  | — |  |  | — |
Net cash used in financing activities | (153,888 | ) |  | (127,214 | ) |  | (89,412 | )
Net Increase (Decrease) in Cash and Cash Equivalents | 129 |  |  | (32 | ) |  | (19 | )
Cash and Cash Equivalents at Beginning of Year | 8 |  |  | 40 |  |  | 59 |
Cash and Cash Equivalents at End of Year | $ | 137 |  |  | $ | 8 |  |  | $ | 40 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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