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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income        
Interest and fees on loans and leases $ 135,816 $ 118,527 $ 260,594 $ 241,520
Interest and dividends on investment securities 20,699 29,333 41,248 55,577
Other interest income 82 273 186 1,115
Total interest income 156,597 148,133 302,028 298,212
Interest Expense        
Deposits 20,419 25,410 41,393 51,600
Other borrowings 11,194 9,813 20,028 20,009
Total interest expense 31,613 35,223 61,421 71,609
Net Interest Income 124,984 112,910 240,607 226,603
Provision for Loan and Lease Losses 5,757 9,004 17,112 27,034
Net Interest Income after Provision for Loan and Lease Losses 119,227 103,906 223,495 199,569
Noninterest Income        
Loan servicing fee income 42,483 46,757 88,039 95,633
Amortization and impairment of mortgage servicing rights (64,277) (21,429) (108,760) (44,217)
Net loan servicing income (loss) (21,794) 25,328 (20,721) 51,416
Gain on sale of loans 69,926 5,456 118,103 18,933
Loan production revenue 9,852 5,588 17,289 11,995
Deposit fee income 5,828 6,435 12,067 11,595
Other lease income 8,822 8,336 17,485 15,068
Other 1,489 1,790 3,093 9,778
Total noninterest income 74,123 52,933 147,316 118,785
Noninterest Expense        
Salaries, commissions and other employee benefits expense 76,277 56,321 142,867 113,694
Equipment expense 16,889 11,709 32,837 22,469
Occupancy expense 6,017 5,031 11,366 9,571
General and administrative expense 76,600 48,650 147,534 121,216
Total noninterest expense 175,783 121,711 334,604 266,950
Income before Provision for Income Taxes 17,567 35,128 36,207 51,404
Provision for Income Taxes 6,395 13,333 13,189 20,193
Net Income 11,172 21,795 23,018 31,211
Less: Net Income Allocated to Participating Preferred Stock (1,685) (4,417) (7,664) (6,824)
Net Income Allocated to Common Shareholders $ 9,487 $ 17,378 $ 15,354 $ 24,387
Basic Earnings Per Share $ 0.09 $ 0.23 $ 0.17 $ 0.33
Diluted Earnings Per Share $ 0.09 $ 0.23 $ 0.17 $ 0.32