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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
INTEREST AND DIVIDEND INCOME        
Loans receivable, including fees $ 262,258 $ 259,105 $ 793,313 $ 710,554
Investment securities 11,364 11,039 36,130 30,843
Securities purchased under resale agreements 5,344 5,168 14,756 16,132
Investment in Federal Home Loan Bank stock 663 1,395 2,559 2,945
Investment in Federal Reserve Bank stock 814 723 2,344 2,164
Due from banks and short-term investments 5,505 4,276 17,461 12,844
Total interest and dividend income 285,948 281,706 866,563 775,482
INTEREST EXPENSE        
Customer deposit accounts 17,158 15,099 48,609 47,691
Federal Home Loan Bank advances 1,027 1,049 3,087 3,135
Securities sold under repurchase agreements 9,578 10,323 29,845 31,069
Long-term debt 1,211 985 3,632 2,402
Total interest expense 28,974 27,456 85,173 84,297
Net interest income before provision for loan losses 256,974 254,250 781,390 691,185
Provision for loan losses on non-covered loans 7,556 4,535 24,454 12,050
Provision for (reversal of) loan losses on covered loans 7,669 (964) 5,704 4,848
Net interest income after provision for loan losses 241,749 250,679 751,232 674,287
NONINTEREST INCOME (LOSS)        
Changes in FDIC indemnification asset and receivable/payable (39,647) (74,456) (150,839) (154,260)
Branch fees 9,515 8,123 28,480 23,896
Net gains on sales of investment securities 2,514 1,084 6,603 12,006
Letters of credit fees and commissions 6,844 5,615 19,110 16,103
Foreign exchange income 3,454 2,940 6,984 8,925
Ancillary loan fees 2,874 2,125 7,867 6,811
Income from life insurance policies 836 952 2,868 2,820
Net gains on sales of loans 7,726 3,945 20,715 3,685
Dividend and other investment income 4,113 99 5,339 327
Other commission and fee income 8,290 5,936 22,148 14,507
Other operating income 3,823 2,216 11,206 9,306
Total noninterest income (loss) 10,342 (41,421) (19,519) (55,874)
NONINTEREST EXPENSE        
Compensation and employee benefits 58,111 41,482 172,469 129,239
Occupancy and equipment expense 15,842 14,697 48,227 42,211
Amortization of investments in affordable housing partnerships and other tax credit investments 36,936 4,693 55,751 14,040
Amortization of premiums on deposits acquired 2,597 2,347 7,721 7,131
Deposit insurance premiums and regulatory assessments 5,247 4,191 16,761 11,848
Loan related expenses 1,127 2,752 2,604 9,909
Other real estate owned (income) expense (1,422) 157 695 (2,015)
Legal expense 32,500 9,001 45,403 18,912
Data processing 2,211 2,159 13,351 6,796
Consulting expense 2,982 1,264 6,359 2,721
Other operating expenses 20,848 17,609 59,964 50,335
Total noninterest expense 176,979 100,352 429,305 291,127
INCOME BEFORE INCOME TAXES 75,112 108,906 302,408 327,286
INCOME TAX (BENEFIT) EXPENSE (13,644) 35,749 52,923 108,023
NET INCOME 88,756 73,157 249,485 219,263
PREFERRED STOCK DIVIDENDS       3,428
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 88,756 $ 73,157 $ 249,485 $ 215,835
EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS        
BASIC (in dollars per share) $ 0.62 $ 0.53 $ 1.74 $ 1.56
DILUTED (in dollars per share) $ 0.62 $ 0.53 $ 1.74 $ 1.56
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
BASIC (in shares) 143,210 137,036 142,791 137,404
DILUTED (in shares) 143,810 137,467 143,377 140,199
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.18 $ 0.15 $ 0.54 $ 0.45