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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
INTEREST AND DIVIDEND INCOME    
Loans receivable, including fees $ 217,159 $ 221,039
Investment securities 10,210 21,232
Securities purchased under resale agreements 5,529 4,314
Investment in Federal Home Loan Bank stock 529 220
Investment in Federal Reserve Bank stock 720 713
Due from banks and short-term investments 4,276 6,532
Total interest and dividend income 238,423 254,050
INTEREST EXPENSE    
Customer deposit accounts 16,854 20,164
Federal funds purchased   2
Federal Home Loan Bank advances 1,039 2,142
Securities sold under repurchase agreements 10,529 11,722
Long-term debt 710 1,102
Total interest expense 29,132 35,132
Net interest income before provision for loan losses 209,291 218,918
(Reversal of) provision for loan losses, excluding covered loans (762) 16,479
Provision for loan losses on covered loans 5,089 1,621
Net interest income after provision for loan losses 204,964 200,818
NONINTEREST (LOSS) INCOME    
Impairment loss on investment securities   (5,165)
Less: Noncredit-related impairment loss recorded in other comprehensive income   5,066
Net impairment loss on investment securities recognized in earnings   (99)
Decrease in FDIC indemnification asset and receivable (31,899) (5,418)
Branch fees 7,654 7,662
Net gain on sales of investment securities 5,577 483
Letters of credit fees and commissions 5,062 4,275
Foreign exchange income 2,336 1,796
Ancillary loan fees 2,052 2,008
Income from life insurance policies 968 990
Net gain on sales of loans 94 5,179
Other operating income 6,057 4,864
Total noninterest (loss) income (2,099) 21,740
NONINTEREST EXPENSE    
Compensation and employee benefits 45,731 46,409
Occupancy and equipment expense 13,808 13,518
Amortization of investments in affordable housing partnerships and other investments 4,283 4,466
Amortization of premiums on deposits acquired 2,409 2,873
Deposit insurance premiums and regulatory assessments 3,782 3,992
Loan related expenses 3,584 4,481
Other real estate owned (gain on sale) expense (984) 10,865
Legal expense 4,444 7,173
Prepayment penalty for FHLB advances   1,321
Data processing 2,437 2,464
Deposit related expenses 1,574 1,427
Consulting expense 454 1,467
Other operating expenses 14,833 14,307
Total noninterest expense 96,355 114,763
INCOME BEFORE PROVISION FOR INCOME TAXES 106,510 107,795
PROVISION FOR INCOME TAXES 34,419 39,712
NET INCOME 72,091 68,083
PREFERRED STOCK DIVIDENDS 1,714 1,714
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 70,377 $ 66,369
EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS    
BASIC (in dollars per share) $ 0.51 $ 0.46
DILUTED (in dollars per share) $ 0.50 $ 0.45
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING    
BASIC (in shares) 137,648 145,347
DILUTED (in shares) 143,519 151,996
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.15 $ 0.10