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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Loans Not Covered Under Shared Loss Agreements With Fdic $ 79,995 $ 68,334 $ 71,310
Loans covered under shared-loss agreements with the FDIC, net of allowance for loan and lease losses 85,376 67,665 44,158
Total interest income from loans 165,371 135,999 115,468
Mortgage-backed securities 88,508 151,924 161,518
Investment securities and other 6,901 9,106 26,815
Interest expense:      
Deposits 31,602 44,659 48,545
Securities sold under agreements to repurchase 60,575 93,279 100,609
Advances from FHLB and other borrowings 10,906 12,270 12,238
FDIC-guaranteed term notes 909 4,084 4,084
Note payable to the FDIC 0 0 1,887
Subordinated capital notes 1,479 1,231 1,238
Total interest expense 105,471 155,523 168,601
Interest Income (Expense), Net, Total 155,309 141,506 135,200
Provision for non-covered loan and lease losses 13,854 15,200 15,914
Provision for (recapture of) covered loan and lease losses, net 9,827 (1,387) 6,282
Total provision for loan and lease losses 23,681 13,813 22,196
Net interest income after provision for loan and lease losses 131,628 127,693 113,004
Non-interest income:      
Wealth management revenues 25,350 20,571 17,967
Banking service revenues 13,824 12,930 10,662
Mortgage banking activities 9,705 9,876 9,554
Total banking and wealth management revenues 48,879 43,377 38,183
Total loss on other-than-temporary impaired securities 0 15,018 39,674
Portion of loss on securities recognized in other comprenhensive income 0 0 (22,508)
Other-than-temporary impairments on securities 0 15,018 17,166
Net (amortization) accretion of FDIC shared-loss indemnification asset (28,022) (3,379) 4,330
Net gain (loss) on:      
Sale of securities 74,210 27,996 15,032
Derivatives (41,093) (13,243) (36,823)
Foreclosed real estate (4,366) (1,717) (524)
Early extinguishment of repurchase agreements (26,052) (4,790) 0
Other 450 (3,095) 1,029
Total non-interest income, net 24,006 30,131 4,061
Non-interest expense:      
Compensation and employee benefits 45,778 45,552 41,723
Professional and service fees 22,274 22,805 16,559
Occupancy and equipment 17,530 17,530 18,548
RestructuringCharges 4,990 0 0
Insurance 6,742 6,642 7,006
Electronic banking charges 6,430 5,709 4,504
Advertising, business promotion, and strategic initiatives 6,254 5,977 4,978
Taxes, other than payroll and income taxes 3,502 4,721 5,106
Loan servicing and clearing expenses 3,309 3,978 3,055
Foreclosure, repossession and other real estate expenses 3,591 2,078 1,691
Communication 1,627 1,500 2,561
Director and investors relations 1,039 1,305 1,463
Printing, postage, stationary and supplies 1,254 1,264 1,188
Other 3,458 3,447 3,147
Total non-interest expense 127,778 122,508 111,529
Income before income taxes 27,856 35,316 5,536
Income tax expense 3,301 866 (4,298)
Net income 24,555 34,450 9,834
Dividends on preferred stock 9,939 4,802 5,335
Deemed dividend on preferred stock beneficial conversion feature 0 0 22,711
Income available to common shareholders $ 14,616 $ 29,648 $ (18,212)
Income per common share:      
Basic $ 0.35 $ 0.67 $ (0.50)
Diluted $ 0.35 $ 0.67 $ (0.50)
Average common shares outstanding and equivalents 45,304 44,524 36,810,000
Cash dividends per share of common stock $ 0.24 $ 0.21 $ 0.17