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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans, including fees $ 64,617 $ 67,413 $ 128,151 $ 135,736
Investment securities:        
Taxable 18,601 23,228 39,120 47,740
Tax-exempt 3,085 2,849 6,121 5,710
Other interest income 21 193 42 279
Total interest income 86,324 93,683 173,434 189,465
Interest expense:        
Savings deposits 956 1,479 1,967 3,102
Time deposits 3,978 6,255 8,423 12,740
Securities sold under repurchase agreements 7,312 10,267 14,880 20,569
Other borrowings 289 138 579 346
Junior subordinated interest deferrable debentures 1,165 1,901 2,329 3,948
Total interest expense 13,700 20,040 28,178 40,705
Net interest income 72,624 73,643 145,256 148,760
Provision for probable loan losses 4,342 6,107 11,761 11,392
Net interest income after provision for probable loan losses 68,282 67,536 133,495 137,368
Non-interest income:        
Service charges on deposit accounts 23,507 23,100 47,337 45,853
Other service charges, commissions and fees        
Banking 10,052 9,424 20,035 19,488
Non-banking 1,515 1,682 2,576 2,933
Investment securities transactions, net   1,420 9,601 2,592
Other investments, net 8,635 2,647 15,632 7,781
Other income 2,996 2,546 4,776 5,349
Total non-interest income 46,705 40,819 99,957 83,996
Non-interest expense:        
Employee compensation and benefits 30,764 30,210 60,975 59,611
Occupancy 7,180 8,107 14,992 16,841
Depreciation of bank premises and equipment 6,619 6,790 13,244 13,717
Professional fees 3,952 4,171 7,675 7,541
Deposit insurance assessments 1,762 1,490 3,378 3,057
Net expense, other real estate owned 1,575 1,385 3,364 2,566
Amortization of identified intangible assets 1,158 1,163 2,295 2,300
Advertising 2,023 1,970 3,869 3,797
Early termination fee - securities sold under repurchase agreements 2,418   12,303  
Impairment charges (Total other-than-temporary impairment losses, $(953), net of $(1,370), $(301), net of $(523), $15, net of $(712), and $1,349, net of $941, included in other comprehensive income) 417 222 727 408
Other 15,846 16,583 31,753 30,396
Total non-interest expense 73,714 72,091 154,575 140,234
Income before income taxes 41,273 36,264 78,877 81,130
Provision for income taxes 13,760 11,714 23,295 24,893
Net income 27,513 24,550 55,582 56,237
Preferred stock dividends   3,355   6,698
Net income available to common shareholders $ 27,513 $ 21,195 $ 55,582 $ 49,539
Basic earnings per common share:        
Weighted average number of shares outstanding: (in shares) 67,190,792 67,244,005 67,189,196 67,257,456
Net income (in dollars per share) $ 0.41 $ 0.32 $ 0.83 $ 0.74
Fully diluted earnings per common share:        
Weighted average number of shares outstanding: (in shares) 67,292,053 67,323,912 67,286,026 67,339,550
Net income (in dollars per share) $ 0.41 $ 0.31 $ 0.83 $ 0.74