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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans, including fees $ 66,482 $ 67,254 $ 194,633 $ 202,990
Investment securities:        
Taxable 21,821 23,388 60,941 71,128
Tax-exempt 3,318 2,972 9,439 8,682
Other interest income 29 161 71 440
Total interest income 91,650 93,775 265,084 283,240
Interest expense:        
Savings deposits 885 1,074 2,852 4,176
Time deposits 3,644 5,910 12,067 18,650
Securities sold under repurchase agreements 7,162 8,811 22,042 29,380
Other borrowings 454 195 1,033 541
Junior subordinated interest deferrable debentures 862 1,430 3,191 5,378
Total interest expense 13,007 17,420 41,185 58,125
Net interest income 78,643 76,355 223,899 225,115
Provision for probable loan losses 5,800 5,349 17,561 16,741
Net interest income after provision for probable loan losses 72,843 71,006 206,338 208,374
Non-interest income:        
Service charges on deposit accounts 25,026 23,748 72,363 69,601
Other service charges, commissions and fees        
Banking 11,327 9,492 31,362 28,980
Non-banking 2,092 2,038 4,668 4,971
Investment securities transactions, net   32,935 9,601 35,527
Other investments, net 3,871 3,650 19,503 11,431
Other income 2,165 2,144 6,941 7,493
Total non-interest income 44,481 74,007 144,438 158,003
Non-interest expense:        
Employee compensation and benefits 30,627 30,541 91,602 90,152
Occupancy 7,604 8,032 22,596 24,873
Depreciation of bank premises and equipment 6,433 6,618 19,677 20,335
Professional fees 3,669 4,279 11,344 11,820
Deposit insurance assessments 1,683 2,289 5,061 5,346
Net expense, other real estate owned 1,360 3,065 4,724 5,631
Amortization of identified intangible assets 1,156 1,163 3,451 3,463
Advertising 1,795 1,713 5,664 5,510
Early termination fee - securities sold under repurchase agreements   31,550 12,303 31,550
Impairment charges (Total other-than-temporary impairment losses, $(13), net of $(560), $(402), net of $(641), $(27), net of $(1,273), and $947, net of $300, included in other comprehensive loss) 573 239 1,300 647
Other 15,327 16,955 47,080 47,351
Total non-interest expense 70,227 106,444 224,802 246,678
Income before income taxes 47,097 38,569 125,974 119,699
Provision for income taxes 15,271 12,691 38,566 37,584
Net income 31,826 25,878 87,408 82,115
Preferred stock dividends   3,845   10,543
Net income available to common shareholders $ 31,826 $ 22,033 $ 87,408 $ 71,572
Basic earnings per common share:        
Weighted average number of shares outstanding: (in shares) 67,197,847 67,225,701 67,192,112 67,246,793
Net income (in dollars per share) $ 0.47 $ 0.33 $ 1.30 $ 1.06
Fully diluted earnings per common share:        
Weighted average number of shares outstanding: (in shares) 67,333,442 67,301,701 67,301,863 67,326,856
Net income (in dollars per share) $ 0.47 $ 0.33 $ 1.30 $ 1.06