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Shareholders' Equity And Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2012
Shareholders' Equity And Earnings Per Share [Abstract]  
Aggregate Fair Values Assigned To Each Component Of Tangible Equity Units Offering

(Dollars in thousands, except per unit amounts)

   Equity
Component
     Debt
Component
     TEU
Total
 

Units issued (1)

     4,600         4,600         4,600   

Unit price

   $ 40.271818       $ 9.728182       $ 50.00   

Gross proceeds

     185,250         44,750         230,000   

Issuance costs, including discount

     5,934         1,419         7,353   
  

 

 

    

 

 

    

 

 

 

Net proceeds

   $ 179,316       $ 43,331       $ 222,647   
  

 

 

    

 

 

    

 

 

 

Balance sheet impact

        

Other borrowings

     —           43,331         43,331   

Surplus

     179,316         —           179,316   

 

Market Value Of Company Common Stock And Settlement Rate

Applicable market value

of Company common stock

  

Settlement Rate

Less than or equal to $30.00    1.6666
Greater than $30.00 but less than $37.50    $50.00, divided by the applicable market value
Greater than or equal to $37.50    1.3333
Components Of Other Comprehensive Income (Loss)
      Accumulated
Unrealized Gains
(Losses) on
Securities
    Accumulated
Unrealized Gains
(Losses) on
Derivative
Instruments
    Total
Accumulated
Other
Comprehensive
Income (Loss)
 

Balance at January 1, 2011

   $ 2,679      $ (8,191   $ (5,512

Other comprehensive income during the period

     749        1,304        2,053   
  

 

 

   

 

 

   

 

 

 

Balance at March 31, 2011

   $ 3,428      $ (6,887   $ (3,459
  

 

 

   

 

 

   

 

 

 

Balance at January 1, 2012

   $ 4,204      $ (7,082   $ (2,878

Other comprehensive income during the period

     (2,432     480        (1,952
  

 

 

   

 

 

   

 

 

 

Balance at March 31, 2012

   $ 1,772      $ (6,602   $ (4,830
  

 

 

   

 

 

   

 

 

 
Computation Of Basic And Diluted Earnings Per Common Share
     For the Three Months
Ended March 31,
 

(In thousands, except per share data)

         2012      2011  

Net income

     $ 23,210       $ 16,402   

Less: Preferred stock dividends and discount accretion

       1,246         1,031   
    

 

 

    

 

 

 

Net income applicable to common shares - Basic

     (A     21,964         15,371   

Add: Dividends on convertible preferred stock

       —           —     
    

 

 

    

 

 

 

Net income applicable to common shares - Diluted

     (B     21,964         15,371   
    

 

 

    

 

 

 

Weighted average common shares outstanding

     (C     36,207         34,928   

Effect of dilutive potential common shares

       7,530         7,794   
    

 

 

    

 

 

 

Weighted average common shares and effect of dilutive potential common shares

     (D     43,737         42,722   
    

 

 

    

 

 

 

Net income per common share:

       

Basic

     (A/C   $ 0.61       $ 0.44   
    

 

 

    

 

 

 

Diluted

     (B/D   $ 0.50       $ 0.36