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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST AND DIVIDEND INCOME    
Loans receivable, including fees $ 221,039 $ 227,526
Investment securities 21,232 18,857
Securities purchased under resale agreements 4,314 4,270
Investment in Federal Home Loan Bank stock 220 233
Investment in Federal Reserve Bank stock 713 709
Short-term investments 6,532 2,740
Total interest and dividend income 254,050 254,335
INTEREST EXPENSE    
Customer deposit accounts 20,164 25,982
Federal funds purchased 2  
Federal Home Loan Bank advances 2,142 5,778
Securities sold under repurchase agreements 11,722 12,017
Long-term debt 1,102 1,571
Other borrowings   153
Total interest expense 35,132 45,501
Net interest income before provision for loan losses 218,918 208,834
Provision for loan losses 18,100 26,506
Net interest income after provision for loan losses 200,818 182,328
NONINTEREST INCOME    
Impairment loss on investment securities (5,165) (5,555)
Less: Noncredit-related impairment loss recorded in other comprehensive income 5,066 5,091
Net impairment loss on investment securities recognized in earnings (99) (464)
Decrease in FDIC indemnification asset and receivable (5,418) (17,443)
Branch fees 8,294 7,754
Net gain on sales of investment securities 483 2,515
Letters of credit fees and commissions 4,275 3,044
Foreign exchange income 1,796 1,927
Ancillary loan fees 2,008 1,991
Income from life insurance policies 990 984
Net gain on sales of loans 5,179 7,410
Other operating income 4,232 3,323
Total noninterest income 21,740 11,041
NONINTEREST EXPENSE    
Compensation and employee benefits 46,409 38,270
Occupancy and equipment expense 13,518 12,598
Amortization of investments in affordable housing partnerships and other investments 4,466 4,525
Amortization of premiums on deposits acquired 2,873 3,185
Deposit insurance premiums and regulatory assessments 3,992 7,191
Loan-related expenses 4,481 3,099
Other real estate owned expense 10,865 10,664
Legal expense 7,173 4,101
Prepayment penalty for FHLB advances 1,321 4,022
Data processing 2,464 2,603
Deposit-related expenses 1,427 1,159
Consulting expense 1,467 1,626
Other operating expenses 14,307 13,746
Total noninterest expense 114,763 106,789
INCOME BEFORE PROVISION FOR INCOME TAXES 107,795 86,580
PROVISION FOR INCOME TAXES 39,712 30,509
NET INCOME 68,083 56,071
PREFERRED STOCK DIVIDENDS 1,714 1,715
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 66,369 $ 54,356
EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS    
BASIC (in dollars per share) $ 0.46 $ 0.37
DILUTED (in dollars per share) $ 0.45 $ 0.37
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING    
BASIC (in shares) 145,347 146,837
DILUTED (in shares) 151,996 153,334
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.10 $ 0.01