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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income    
Interest and fees on loans $ 143,555 $ 136,543
Interest bearing deposits with banks 248 936
Federal funds sold and securities purchased under resale agreements 12 32
Securities 11,847 9,540
Trading account securities 9 13
Federal Home Loan Bank and Federal Reserve Bank stock 604 550
Brokerage customer receivables 211 166
Total interest income 156,486 147,780
Interest expense    
Interest on deposits 18,030 23,956
Interest on Federal Home Loan Bank advances 3,584 3,958
Interest on notes payable and other borrowings 3,102 2,630
Interest on secured borrowings - owed to securitization investors 2,549 3,040
Interest on subordinated notes 169 212
Interest on junior subordinated debentures 3,157 4,370
Total interest expense 30,591 38,166
Net interest income 125,895 109,614
Provision for credit losses 17,400 25,344
Net interest income after provision for credit losses 108,495 84,270
Non-interest income    
Wealth management 12,401 10,236
Mortgage banking 18,534 11,631
Service charges on deposit accounts 4,208 3,311
Gains on available-for-sale securities, net 816 106
Gain on bargain purchases 840 9,838
Trading gains (losses) 146 (440)
Other 10,078 6,205
Total non-interest income 47,023 40,887
Non-interest expense    
Salaries and employee benefits 69,030 56,099
Equipment 5,400 4,264
Occupancy, net 8,062 6,505
Data processing 3,618 3,523
Advertising and marketing 2,006 1,614
Professional fees 3,604 3,546
Amortization of other intangible assets 1,049 689
FDIC insurance 3,357 4,518
OREO expenses, net 7,178 5,808
Other 14,455 11,543
Total non-interest expense 117,759 98,109
Income before taxes 37,759 27,048
Income tax expense 14,549 10,646
Net income 23,210 16,402
Preferred stock dividends and discount accretion 1,246 1,031
Net income applicable to common shares $ 21,964 $ 15,371
Net income per common share - Basic $ 0.61 $ 0.44
Net income per common share - Diluted $ 0.50 $ 0.36
Cash dividends declared per common share $ 0.09 $ 0.09
Weighted average common shares outstanding 36,207 34,928
Dilutive potential common shares 7,530 7,794
Average common shares and dilutive common shares 43,737 42,722