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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME        
Loans, including fees $ 131,804 $ 133,741 $ 391,491 $ 397,011
Investment securities:        
Taxable 11,252 12,278 33,478 37,962
Tax-exempt 1,904 2,219 5,872 6,865
Dividends 190 339 834 996
Loans held for sale 194 237 632 585
Other interest income 884 976 3,922 3,065
Total Interest Income 146,228 149,790 436,229 446,484
INTEREST EXPENSE        
Deposits 10,217 8,998 30,093 25,579
Short-term borrowings 92 297 272 1,470
Long-term debt 10,225 11,129 33,669 32,606
Total Interest Expense 20,534 20,424 64,034 59,655
Net Interest Income 125,694 129,366 372,195 386,829
Provision for credit losses 1,000 3,500 (500) 9,500
Net Interest Income After Provision for Credit Losses 124,694 125,866 372,695 377,329
NON-INTEREST INCOME        
Service charges on deposit accounts 12,982 12,801 37,188 37,064
Investment management and trust services 11,237 11,120 33,137 33,417
Other service charges and fees 10,965 9,954 31,316 29,407
Mortgage banking income 3,864 4,038 13,891 13,384
Investment securities gains, net:        
Net gains on sales of investment securities 1,730 99 8,290 1,223
Net other-than-temporary impairment losses 0 (18) 0 (30)
Investment securities gains, net 1,730 81 8,290 1,193
Other 3,996 3,906 12,178 10,813
Total Non-Interest Income 44,774 41,900 136,000 125,278
NON-INTEREST EXPENSE        
Salaries and employee benefits 65,308 62,434 195,365 185,623
Net occupancy expense 10,710 11,582 36,211 36,649
Other outside services 7,373 8,632 21,248 19,684
Loss on redemption of trust preferred securities 5,626 0 5,626 0
Data processing 5,105 4,689 14,767 12,816
Software 3,984 3,353 10,678 9,487
Equipment expense 3,595 3,307 10,888 10,269
Marketing 2,867 2,882 8,574 8,186
Supplies and postage 2,828 3,252 8,430 9,715
Telecommunications 2,708 2,560 7,803 7,337
Marketing 2,102 1,798 5,570 5,719
Telecommunications 1,587 1,587 4,920 5,193
Operating risk loss 1,136 1,242 2,637 3,786
Other real estate owned and repossession expense 1,016 1,303 2,507 3,034
Intangible amortization 5 314 241 944
Other 8,939 6,863 26,256 23,084
Total Non-Interest Expense 124,889 115,798 361,721 341,526
Income Before Income Taxes 44,579 51,968 146,974 161,081
Income taxes 10,328 13,402 36,007 41,136
Net Income $ 34,251 $ 38,566 $ 110,967 $ 119,945
PER SHARE:        
Net Income (Basic) (in dollars per share) $ 0.20 $ 0.21 $ 0.63 $ 0.64
Net Income (Diluted) (in dollars per share) 0.20 0.21 0.63 0.64
Cash Dividends (in dollars per share) $ 0.09 $ 0.08 $ 0.27 $ 0.24