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Parent Company Financial Information (Tables)
12 Months Ended
Dec. 31, 2015
Parent Company Financial Information [Abstract]  
Parent company financial information
Condensed Balance Sheets

 
 
December 31,
 
(In thousands)
 
2015
  
2014
 
Assets
 
  
 
Cash and cash equivalents
 
$
28,682
  
$
3,586
 
Securities available for sale, at estimated fair value
  
12,711
   
11,649
 
Trading securities
  
8,042
   
6,761
 
Investment in subsidiaries, on equity basis
  
941,731
   
947,880
 
Other assets
  
65,133
   
61,829
 
Total assets
 
$
1,056,299
  
$
1,031,705
 
Liabilities and Stockholders' Equity
        
Total liabilities
 
$
174,295
  
$
167,524
 
Stockholders' equity
  
882,004
   
864,181
 
Total liabilities and stockholders' equity
 
$
1,056,299
  
$
1,031,705
 

Condensed Income Statements

 
 
Years ended December 31,
 
(In thousands)
 
2015
  
2014
  
2013
 
Dividends from subsidiaries
 
$
78,200
  
$
35,400
  
$
13,500
 
Management fee from subsidiaries
  
92,629
   
87,116
   
84,778
 
Securities gains
  
3,034
   
49
   
1,273
 
Interest, dividend and other income
  
693
   
800
   
636
 
Total revenue
  
174,556
   
123,365
   
100,187
 
Operating expense
  
94,332
   
89,834
   
83,679
 
Income before income tax benefit and equity in undistributed income of subsidiaries
  
80,224
   
33,531
   
16,508
 
Income tax benefit (expense)
  
(515
)
  
631
   
(1,046
)
Dividends in excess of income (equity in undistributed income) of subsidiaries
  
(3,284
)
  
40,912
   
46,285
 
Net income
 
$
76,425
  
$
75,074
  
$
61,747
 

Statements of Cash Flow

 
 
Years ended December 31,
 
(In thousands)
 
2015
  
2014
  
2013
 
Operating activities
 
  
  
 
Net income
 
$
76,425
  
$
75,074
  
$
61,747
 
Adjustments to reconcile net income to net cash provided by operating activities
            
Stock-based compensation
  
4,086
   
3,521
   
4,305
 
Gains (losses) on sales of available-for-sale securities
  
(3,034
)
  
49
   
1,273
 
Equity in undistributed income of subsidiaries
  
2,967
   
(75,824
)
  
(59,785
)
Cash dividend from subsidiaries
  
-
   
35,400
   
13,500
 
Net change in other liabilities
  
6,770
   
18,594
   
(18,077
)
Net change in other assets
  
(6,627
)
  
(25,151
)
  
14,928
 
Net cash provided by operating activities
  
80,587
   
31,663
   
17,891
 
Investing activities
            
Purchases of available-for-sale securities
  
(3,083
)
  
(597
)
  
-
 
Sales and maturities of available-for-sale securities
  
5,297
   
140
   
1,948
 
Net cash provided by acquisitions
  
-
   
-
   
2,232
 
Purchases of premises and equipment
  
(408
)
  
(640
)
  
(782
)
Net cash provided by (used in) investing activities
  
1,806
   
(1,097
)
  
3,398
 
Financing activities
            
Proceeds from the issuance of shares to employee benefit plans and other stock plans
  
7,692
   
5,943
   
5,512
 
Purchases of treasury shares
  
(26,797
)
  
(72
)
  
(12,459
)
Cash dividends and payments for fractional shares
  
(38,149
)
  
(36,905
)
  
(33,518
)
Excess tax benefit from exercise of stock options
  
(43
)
  
313
   
(178
)
Net cash used in financing activities
  
(57,297
)
  
(30,721
)
  
(40,643
)
Net increase (decrease) in cash and cash equivalents
  
25,096
   
(155
)
  
(19,354
)
Cash and cash equivalents at beginning of year
  
3,586
   
3,741
   
23,095
 
Cash and cash equivalents at end of year
 
$
28,682
  
$
3,586
  
$
3,741