XML 119 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Loans and loans held for sale $ 635,872 $ 410,299 $ 438,393
Investment securities:      
Taxable 108,824 85,030 87,044
Tax-exempt 21,107 15,354 12,819
Total investment securities interest 129,931 100,384 99,863
Total interest income 765,803 510,683 538,256
Interest expense:      
Interest bearing 2,543 987 816
Savings and money market accounts 24,406 20,563 28,171
Certificates and other time deposits 9,649 11,723 20,003
Securities sold under agreements to repurchase 1,240 1,157 3,344
Wholesale borrowings 3,893 4,423 6,295
Long-term debt 13,287 0 0
Total interest expense 55,018 38,853 58,629
Net interest income 710,785 471,830 479,627
Provision for Loan, Lease, and Other Losses 33,684 54,698 74,388
Net interest income after provision for loan losses 677,101 417,132 405,239
Noninterest income:      
Trust department income 34,770 23,143 22,396
Service charges on deposits 74,399 57,737 64,082
Credit card fees 50,542 43,569 49,539
ATM and other service fees 19,155 14,792 13,701
Bank owned life insurance income 16,926 12,140 14,820
Investment services and insurance 12,777 8,990 8,228
Investment securities gains/(losses), net (2,803) 3,786 11,081
Loan sales and servicing income 23,069 27,031 14,533
Other operating income 41,508 32,416 26,377
Total noninterest income 270,343 223,604 224,757
Noninterest expense:      
Salaries, wages, pension and employee benefits 354,016 245,192 240,362
Net occupancy expense 49,510 31,754 32,414
Equipment expense 41,875 29,243 27,959
Stationery, supplies and postage 14,199 8,800 10,691
Bankcard, loan processing and other costs 71,929 34,195 32,226
Professional services 40,680 23,480 23,229
Amortization of intangibles 8,392 1,866 2,172
FDIC insurance expense 17,707 10,753 17,306
Other operating expense 89,026 68,330 77,986
Total noninterest expense 687,334 453,613 464,345
Income before income tax expense 260,110 187,123 165,651
Income tax expense 76,426 53,017 46,093
Net income 183,684 134,106 119,558
Less: Net income allocated to participating securities 1,545 0 0
Preferred Stock dividends 5,337 0 0
Net income attributable to common shareholders $ 176,802 $ 134,106 $ 119,558
Basic earnings per common share $ 1.18 $ 1.22 $ 1.10
Diluted earnings per common share $ 1.18 $ 1.22 $ 1.10
Cash dividend per common share $ 0.64 $ 0.64 $ 0.64
Weighted average number of common shares outstanding - basic 149,607 109,518 109,102
Weighted average number of common shares outstanding - diluted 150,421 109,518 109,102