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Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Loans and leases, including fees $ 214,126 $ 192,992 $ 185,663
Investment securities:      
Investment securities available-for-sale 49,778 47,702 63,190
Investment securities held-to-maturity 21,015 20,227 9,018
Total investment income 70,793 67,929 72,208
Dividends from FHLB stock 1,375 2,224 2,774
Interest-earning deposits with other institutions and federal funds sold 932 1,905 868
Total interest income 287,226 265,050 261,513
Interest expense:      
Deposits 6,044 5,957 5,266
Borrowings and customer repurchase agreements 1,579 1,478 2,867
Junior subordinated debentures 673 541 438
Total interest expense 8,296 7,976 8,571
Net interest income before recapture of provision for loan losses 278,930 257,074 252,942
Recapture of provision for loan losses (8,500) (6,400) (5,600)
Net interest income after recapture of provision for loan losses 287,430 263,474 258,542
Noninterest income:      
Service charges on deposit accounts 15,809 15,066 15,567
Trust and investment services 9,845 9,595 8,642
Bankcard services 3,406 2,921 3,094
BOLI income 3,420 2,612 2,561
Gain on sale of loans 0 1,101 732
Other 9,638 4,257 2,887
Total noninterest income 42,118 35,552 33,483
Noninterest expense:      
Salaries and employee benefits 87,065 82,630 78,618
Occupancy and equipment 16,756 15,641 14,892
Professional services 5,940 5,054 5,757
Software licenses and maintenance 6,385 5,465 5,368
Marketing and promotion 4,839 5,027 5,015
Recapture of provision for unfunded loan commitments (400) (450) (500)
Debt termination expense 0 16 13,870
Acquisition related expenses 2,251 1,897 475
Impairment loss on asset held-for-sale 0 2,558 0
Legal settlement 0 1,500 0
Other 17,917 17,402 17,164
Total noninterest expense 140,753 136,740 140,659
Earnings before income taxes 188,795 162,286 151,366
Income taxes 84,384 60,857 52,221
Net earnings 104,411 101,429 99,145
Other comprehensive loss:      
Unrealized loss on securities arising during the period, before tax (14,629) (17,966) (17,550)
Less: Reclassification adjustment for net (gain) loss on securities included in net income (402) (548) 22
Other comprehensive loss, before tax (15,031) (18,514) (17,528)
Less: Income tax benefit related to items of other comprehensive loss 6,312 7,776 7,362
Other comprehensive loss, net of tax (8,719) (10,738) (10,166)
Comprehensive income $ 95,692 $ 90,691 $ 88,979
Basic earnings per common share $ 0.95 $ 0.94 $ 0.93
Diluted earnings per common share 0.95 0.94 0.93
Cash dividends declared per common share $ 0.54 $ 0.48 $ 0.48