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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest Income    
Interest and fees on loans$ 77,212$ 96,080$ 235,600$ 298,802
Interest and dividends on investment securities:    
Taxable20,50818,08260,66454,943
Tax-exempt2,6133,5148,41212,731
Dividends on FHLB and Federal Reserve stock9747353,1432,763
Money market investments1683506701,181
Total interest income101,475118,761308,489370,420
Interest Expense    
Deposits13,52823,51844,94578,939
Short-term borrowings20205761
Long-term debt9,08613,66528,42644,087
Total interest expense22,63437,20373,428123,087
Net Interest Income78,84181,558235,061247,333
Provision for loan losses17,48189,617123,801261,586
Net interest income (loss) after provision for loan losses61,360(8,059)111,260(14,253)
Noninterest Income    
Service charges on deposit accounts10,36210,60929,54430,264
Trust fees3,6223,83711,35611,468
Mortgage and other loan income2,0892,5906,9157,377
Brokerage and investment fees1,1881,0603,8293,315
ATM network user fees1,9931,8645,6745,232
Bankcard fees2,4822,2617,1886,534
Net gains (losses) on loans held for sale1,952(1,441)2,025(17,548)
Investment securities gains (losses)3 (1,373)14,067
Other income7365,1765,7379,922
Total noninterest income24,42725,95670,89570,631
Noninterest Expense    
Salaries and employee benefits30,28032,74092,56394,090
Occupancy6,1256,52919,73420,129
Professional services2,3942,7377,0207,605
Equipment2,9183,0768,8119,127
Data processing services3,8234,70212,42214,098
Advertising and public relations2,1791,6054,5505,018
Postage and delivery1,1421,1873,3783,496
Other loan expenses3,9414,35512,51014,880
Losses on other real estate (ORE)1,2101,96711,68712,508
ORE expenses5291,3273,3263,317
Intangible asset amortization7329082,3383,072
Other expense10,13813,60738,17242,513
Total noninterest expense65,41174,740216,511229,853
Income (Loss) from Continuing Operations Before Income Taxes20,376(56,843)(34,356)(173,475)
Income tax (benefit) provision from continuing operations(12,568)5,628(22,779)9,475
Income (Loss) from Continuing Operations32,944(62,471)(11,577)(182,950)
Discontinued operations:    
Loss from discontinued operations (net of income tax)   (3,822)
Net Income (Loss)32,944(62,471)(11,577)(186,772)
Dividend on redeemable preferred stock(5,761)(5,451)(17,088)(16,139)
Net Income (Loss) Attributable to Common Shareholders$ 27,183$ (67,922)$ (28,665)$ (202,911)
Income (Loss) Per Share from Continuing Operations    
Basic$ 0.68$ (1.72)$ (0.73)$ (5.05)
Diluted$ 0.68$ (1.72)$ (0.73)$ (5.05)
Loss Per Share from Discontinued Operations    
Basic   $ (0.10)
Diluted   $ (0.10)
Net Income (Loss) Per Common Share:    
Basic$ 0.68$ (1.72)$ (0.73)$ (5.15)
Diluted$ 0.68$ (1.72)$ (0.73)$ (5.15)
Average Common Shares Outstanding:    
Basic39,43339,40239,41839,388
Diluted39,43339,40239,41839,388