|
Interest income:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Interest and Dividend Income
|
|
$1.2m
|
$1.4m
|
$1.6m
|
$2.2m
|
$1.3m
|
$1.4m
|
$2.6m
|
$3.7m
|
$5.9m
|
$5.8m
|
|
Amortization of Intangible Assets
|
|
$580k
|
$360k
|
$80k
|
$30k
|
$20k
|
$20k
|
$20k
|
$110k
|
$20k
|
$260k
|
|
Debt Securities, Realized Gain (Loss)
|
|
—
|
—
|
($345k)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
$0
|
$0
|
$0
|
$0
|
$0
|
—
|
—
|
|
Loans and leases
|
|
$176.0m
|
$194.7m
|
$234.5m
|
$258.3m
|
$242.8m
|
$235.0m
|
$263.9m
|
$387.3m
|
$451.3m
|
$471.0m
|
|
Investment securities, taxable
|
|
$11.8m
|
$13.7m
|
$19.4m
|
$20.9m
|
$18.1m
|
$17.8m
|
$26.3m
|
$24.5m
|
$25.7m
|
$36.4m
|
|
Investment securities, tax-exempt
|
|
$2.7m
|
$2.6m
|
$1.9m
|
$1.4m
|
$895k
|
$601k
|
$1.0m
|
$1.4m
|
$1.0m
|
$1.2m
|
|
Other
|
|
$5.9m
|
$5.6m
|
$6.5m
|
$6.5m
|
$7.9m
|
$4.9m
|
$14.3m
|
$17.4m
|
$12.4m
|
$14.1m
|
|
Deposits
|
|
$15.3m
|
$19.2m
|
$34.6m
|
$50.5m
|
$30.5m
|
$12.3m
|
$25.2m
|
$123.2m
|
$166.8m
|
$155.9m
|
|
Short-term borrowings
|
|
$525k
|
$1.1m
|
$2.8m
|
$1.9m
|
$517k
|
$115k
|
$1.5m
|
$7.0m
|
$9.0m
|
$1.6m
|
|
Subordinated notes
|
|
$4.2m
|
$4.0m
|
$3.6m
|
$3.7m
|
$3.4m
|
$3.3m
|
$3.5m
|
$4.2m
|
$4.2m
|
$4.0m
|
|
Long-term debt and mandatorily redeemable securities
|
|
$2.1m
|
$2.4m
|
$2.3m
|
$2.9m
|
$2.9m
|
$2.5m
|
$69k
|
$3.9m
|
$3.2m
|
$4.7m
|
|
Net interest income
|
|
$169.7m
|
$185.6m
|
$213.9m
|
$223.9m
|
$225.8m
|
$236.6m
|
$263.5m
|
$278.6m
|
$300.8m
|
$348.2m
|
|
Provision for credit losses
|
|
—
|
—
|
$19.5m
|
$15.8m
|
$36.0m
|
($4.3m)
|
$13.2m
|
$5.9m
|
$12.5m
|
$12.6m
|
|
Net interest income after provision for credit losses
|
|
$163.8m
|
$176.7m
|
$194.4m
|
$208.0m
|
$189.8m
|
$240.9m
|
$250.2m
|
$272.8m
|
$288.4m
|
$335.6m
|
|
Trust and wealth advisory, service charges on deposit accounts, and debit card income
|
|
$40.2m
|
$43.4m
|
$44.9m
|
$45.9m
|
$45.6m
|
$52.5m
|
$53.3m
|
$54.4m
|
$57.4m
|
$58.8m
|
|
Mortgage banking
|
|
$4.5m
|
$4.8m
|
$3.8m
|
$4.7m
|
$15.7m
|
$11.8m
|
$4.1m
|
$3.5m
|
$4.2m
|
$4.1m
|
|
Insurance commissions
|
|
$5.5m
|
$5.9m
|
$6.5m
|
$6.8m
|
$7.0m
|
$7.2m
|
$6.7m
|
$6.9m
|
$6.7m
|
$7.7m
|
|
Equipment rental
|
|
$25.9m
|
$30.4m
|
$31.8m
|
$30.7m
|
$23.4m
|
$16.6m
|
$12.3m
|
$8.8m
|
$5.2m
|
$3.0m
|
|
Losses on investment securities available-for-sale
|
|
—
|
—
|
($345k)
|
$0
|
$279k
|
($680k)
|
($184k)
|
($2.9m)
|
($3.9m)
|
($8.7m)
|
|
Salaries and employee benefits
|
|
$86.8m
|
$86.9m
|
$93.9m
|
$97.1m
|
$101.6m
|
$105.8m
|
$105.1m
|
$115.6m
|
$121.9m
|
$129.6m
|
|
Net occupancy
|
|
$9.7m
|
$10.6m
|
$10.0m
|
$10.5m
|
$10.3m
|
$10.5m
|
$10.7m
|
$11.1m
|
$11.9m
|
$12.7m
|
|
Furniture and equipment
|
|
$19.5m
|
$20.8m
|
$23.4m
|
$24.8m
|
$25.7m
|
$25.9m
|
$5.4m
|
$5.7m
|
$5.6m
|
$6.5m
|
|
Data processing
|
|
—
|
—
|
—
|
—
|
$19.1m
|
$19.9m
|
$22.4m
|
$25.1m
|
$27.6m
|
$29.8m
|
|
Depreciation - leased equipment
|
|
$21.7m
|
$25.2m
|
$26.2m
|
$25.1m
|
$20.2m
|
$13.7m
|
$10.0m
|
$7.1m
|
$4.1m
|
$2.4m
|
|
Professional fees
|
|
$5.2m
|
$6.8m
|
$7.7m
|
$7.0m
|
$6.3m
|
$8.7m
|
$7.3m
|
$6.7m
|
$7.1m
|
$7.1m
|
|
FDIC and other insurance
|
|
$3.1m
|
$2.5m
|
$2.9m
|
$1.8m
|
$2.6m
|
$2.7m
|
$3.6m
|
$5.9m
|
$6.1m
|
$5.8m
|
|
Business development and marketing
|
|
$4.9m
|
$7.5m
|
$6.1m
|
$6.3m
|
$4.2m
|
$8.0m
|
$5.8m
|
$7.2m
|
$6.9m
|
$8.9m
|
|
Net loss (income) attributable to noncontrolling interests
|
|
$0
|
$0
|
$0
|
($55k)
|
($24k)
|
($23k)
|
($23k)
|
($7k)
|
$5k
|
$18k
|
|
Total interest income
|
|
$191.8m
|
$212.4m
|
$257.3m
|
$282.9m
|
$263.0m
|
$254.8m
|
$293.8m
|
$416.9m
|
$484.0m
|
$514.4m
|
|
Total noninterest income
|
|
$88.9m
|
$98.7m
|
$97.0m
|
$101.1m
|
$103.9m
|
$100.1m
|
$91.3m
|
$90.6m
|
$86.3m
|
$85.6m
|
|
Income before income taxes
|
|
$89.1m
|
$101.4m
|
$105.0m
|
$120.2m
|
$106.3m
|
$154.9m
|
$156.8m
|
$161.7m
|
$171.1m
|
$204.4m
|
|
Net Income (Loss) Attributable to Parent
|
|
$57.8m
|
$68.1m
|
$82.4m
|
$92.0m
|
$81.4m
|
$118.5m
|
$120.5m
|
$124.9m
|
$132.6m
|
$158.3m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$57.8m
|
$68.1m
|
$82.4m
|
$92.0m
|
$81.4m
|
$118.5m
|
$120.5m
|
$124.9m
|
$132.6m
|
$158.3m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
—
|
—
|
$0
|
$55k
|
$24k
|
$23k
|
$23k
|
$7k
|
($5k)
|
($18k)
|
|
Earnings Per Share, Basic
|
|
$2.22
|
$2.60
|
$3.16
|
$3.57
|
$3.17
|
$4.70
|
$4.84
|
$5.03
|
$5.36
|
$6.41
|
|
Earnings Per Share, Diluted
|
|
$2.22
|
$2.60
|
$3.16
|
$3.57
|
$3.17
|
$4.70
|
$4.84
|
$5.03
|
$5.36
|
$6.41
|
|
Common Stock, Dividends, Per Share, Declared
|
|
$0.72
|
$0.76
|
$0.96
|
$1.10
|
$1.13
|
$1.21
|
$1.26
|
$1.30
|
$1.40
|
$1.52
|
|
Weighted Average Number of Shares Outstanding, Basic
|
|
25.9m
|
25.9m
|
25.9m
|
25.6m
|
25.5m
|
25.0m
|
24.7m
|
24.6m
|
24.5m
|
24.5m
|
|
Weighted Average Number of Shares Outstanding, Diluted
|
|
25.9m
|
25.9m
|
25.9m
|
25.6m
|
25.5m
|
25.0m
|
24.7m
|
24.6m
|
24.5m
|
24.5m
|
|
Noninterest expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
Labor and Related Expense
|
|
$86.8m
|
$86.9m
|
$93.9m
|
$97.1m
|
$101.6m
|
$105.8m
|
$105.1m
|
$115.6m
|
$121.9m
|
$129.6m
|
|
Interest Expense
|
|
$22.1m
|
$26.8m
|
$43.4m
|
$59.0m
|
$37.2m
|
$18.1m
|
$30.3m
|
$138.3m
|
$183.2m
|
$166.2m
|
|
Current Income Tax Expense (Benefit)
|
|
$28.5m
|
$30.5m
|
$23.2m
|
$33.9m
|
$49.0m
|
$20.9m
|
$45.7m
|
$46.2m
|
$36.0m
|
$51.5m
|
|
Income tax expense
|
|
$31.3m
|
$33.3m
|
$22.6m
|
$28.1m
|
$24.9m
|
$36.3m
|
$36.3m
|
$36.7m
|
$38.4m
|
$46.1m
|
|
Interest Income (Expense), Net
|
|
$169.7m
|
$185.6m
|
$213.9m
|
$223.9m
|
$225.8m
|
$236.6m
|
$263.5m
|
$278.6m
|
$300.8m
|
$348.2m
|
|
Total interest expense
|
|
$22.1m
|
$26.8m
|
$43.4m
|
$59.0m
|
$37.2m
|
$18.1m
|
$30.3m
|
$138.3m
|
$183.2m
|
$166.2m
|
|
Total noninterest expense
|
|
$163.6m
|
$174.0m
|
$186.5m
|
$189.0m
|
$187.4m
|
$186.1m
|
$184.7m
|
$201.7m
|
$203.6m
|
$216.8m
|
|
Income Tax Expense (Benefit)
|
|
$31.3m
|
$33.3m
|
$22.6m
|
$28.1m
|
$24.9m
|
$36.3m
|
$36.3m
|
$36.7m
|
$38.4m
|
$46.1m
|