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Consolidated Statements Of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income        
Interest and fees on loans $ 149,271 $ 140,543 $ 436,926 $ 409,424
Interest bearing deposits with banks 362 917 813 2,723
Federal funds sold and securities purchased under resale agreements 7 28 25 83
Securities 7,691 12,667 30,048 33,645
Trading account securities 3 15 22 38
Federal Home Loan Bank and Federal Reserve Bank stock 649 584 1,894 1,706
Brokerage customer receivables 218 197 650 557
Total interest income 158,201 154,951 470,378 448,176
Interest expense        
Interest on deposits 16,794 21,893 52,097 68,253
Interest on Federal Home Loan Bank advances 2,817 4,166 9,268 12,134
Interest on notes payable and other borrowings 2,024 2,874 7,400 8,219
Interest on secured borrowings-owed to securitization investors 795 3,003 5,087 9,037
Interest on subordinated notes 67 168 362 574
Interest on junior subordinated debentures 3,129 4,437 9,424 13,229
Total interest expense 25,626 36,541 83,638 111,446
Net interest income 132,575 118,410 386,740 336,730
Provision for credit losses 18,799 29,290 56,890 83,821
Net interest income after provision for credit losses 113,776 89,120 329,850 252,909
Non-interest income        
Wealth management 13,252 11,994 39,046 32,831
Mortgage banking 31,127 14,469 75,268 38,917
Service charges on deposit accounts 4,235 4,085 12,437 10,990
Gains on available-for-sale securities, net 409 225 2,334 1,483
Business Combination, Bargain Purchase, Gain Recognized, Amount 6,633 27,390 7,418 37,974
Trading (losses) gains, net (998) 591 (1,780) 121
Other 8,287 8,493 26,180 22,470
Total non-interest income 62,945 67,247 160,903 144,786
Non-interest expense        
Salaries and employee benefits 75,280 61,863 212,449 171,041
Equipment 5,888 4,501 16,754 13,174
Occupancy, net 8,024 7,512 23,814 20,789
Data processing 4,103 3,836 11,561 10,506
Advertising and marketing 2,528 2,119 6,713 5,173
Professional fees 4,653 5,085 12,104 13,164
Amortization of other intangible assets 1,078 970 3,216 2,363
FDIC insurance 3,549 3,100 10,383 10,899
OREO expenses, net 3,808 5,134 16,834 17,519
Other 15,637 12,201 45,664 37,008
Total non-interest expense 124,548 106,321 359,492 301,636
Income before taxes 52,173 50,046 131,261 96,059
Income tax expense 19,871 19,844 50,154 37,705
Net income 32,302 30,202 81,107 58,354
Preferred stock dividends and discount accretion 2,616 1,032 6,477 3,096
Net income applicable to common shares $ 29,686 $ 29,170 $ 74,630 $ 55,258
Net income per common share-Basic $ 0.82 $ 0.82 $ 2.06 $ 1.57
Net income per common share-Diluted $ 0.66 $ 0.65 $ 1.70 $ 1.26
Cash dividends declared per common share $ 0.09 $ 0.09 $ 0.18 $ 0.18
Weighted average common shares outstanding 36,381 35,550 36,305 35,152
Dilutive potential common shares 12,295 10,551 11,292 8,683
Average common shares and dilutive common shares 48,676 46,101 47,597 43,835