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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Loans and leases, including fees $ 47,754 $ 48,822 $ 143,781 $ 139,686
Investment securities:        
Investment securities available-for-sale 11,425 14,734 36,242 50,171
Investment securities held-to-maturity 4,787 3,436 14,878 3,510
Total investment income 16,212 18,170 51,120 53,681
Dividends from FHLB stock 403 509 1,210 2,392
Interest-earning deposits with other institutions 802 230 1,575 667
Total interest income 65,171 67,731 197,686 196,426
Interest expense:        
Deposits 1,525 1,333 4,544 3,933
Borrowings and customer repurchase agreements 349 371 1,117 2,486
Junior subordinated debentures 136 110 392 323
Total interest expense 2,010 1,814 6,053 6,742
Net interest income before recapture of provision for loan losses 63,161 65,917 191,633 189,684
Recapture of provision for loan losses (2,000) (2,500) (2,000) (4,500)
Net interest income after recapture of provision for loan losses 65,161 68,417 193,633 194,184
Noninterest income:        
Service charges on deposit accounts 3,817 3,930 11,386 11,843
Trust and investment services 2,328 2,275 7,039 6,607
Bankcard services 827 805 2,166 2,380
BOLI income 706 491 2,005 1,948
Gain on sale of loans     1,101  
Other 1,505 912 3,443 1,991
Total noninterest income 9,183 8,413 27,140 24,769
Noninterest expense:        
Salaries and employee benefits 20,464 20,395 63,275 59,338
Occupancy and equipment 4,102 3,853 11,940 11,218
Professional services 1,517 1,937 4,071 4,617
Software licenses and maintenance 947 901 2,921 2,924
Marketing and promotion 1,199 1,297 3,818 3,825
Recapture of provision for unfunded loan commitments 0 0 0 (500)
Debt termination expense     16 13,870
Acquisition related expenses 353 75 1,557 75
Other 4,424 4,284 14,210 13,380
Total noninterest expense 33,006 32,742 101,808 108,747
Earnings before income taxes 41,338 44,088 118,965 110,206
Income taxes 15,890 16,202 44,612 39,674
Net earnings 25,448 27,886 74,353 70,532
Other comprehensive (loss) income:        
Unrealized (loss) gain on securities arising during the period, before tax (3,709) 18,674 31,054 5,974
Less: Reclassification adjustment for net (gain) loss on securities included in net income (548) 22 (548) 22
Other comprehensive (loss) income, before tax (4,257) 18,696 30,506 5,996
Less: Income tax benefit (expense) related to items of other comprehensive income 1,788 (7,852) (12,812) (2,518)
Net change, After-tax (2,469) 10,844 17,694 3,478
Comprehensive income $ 22,979 $ 38,730 $ 92,047 $ 74,010
Basic earnings per common share $ 0.23 $ 0.26 $ 0.69 $ 0.66
Diluted earnings per common share 0.23 0.26 0.69 0.66
Cash dividends declared per common share $ 0.12 $ 0.12 $ 0.36 $ 0.36