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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest Income        
Interest and fees on loans $ 77,313 $ 81,731 $ 153,583 $ 163,328
Taxable 20,374 19,626 40,366 39,361
Tax exempt 1,375 1,398 2,758 2,815
Interest on federal funds sold and securities purchased under reverse repurchase agreements 7 7 15 15
Other interest income 333 366 665 749
Total Interest Income 99,402 103,128 197,387 206,268
Interest Expense        
Interest on deposits 9,936 12,785 19,655 26,689
Interest on federal funds purchased and securities sold under repurchase agreements 216 260 554 486
Other interest expense 1,420 1,597 2,973 3,189
Total Interest Expense 11,572 14,642 23,182 30,364
Net Interest Income 87,830 88,486 174,205 175,904
Provision for loan losses 8,116 10,398 15,653 25,493
Net Interest Income After Provision for Loan Losses 79,714 78,088 158,552 150,411
Noninterest Income        
Service charges on deposit accounts 12,851 14,220 24,758 27,197
Insurance commissions 6,862 6,884 13,374 13,721
Wealth management 5,760 5,558 11,746 10,913
Bank card and other fees 6,854 6,417 13,329 12,297
Mortgage banking, net 6,269 8,910 10,991 14,982
Other, net 7,785 1,103 8,547 1,982
Securities gains, net 51 1,855 58 2,224
Total Noninterest Income 46,432 44,947 82,803 83,316
Noninterest Expense        
Salaries and employee benefits 44,203 43,282 88,239 86,136
Services and fees 10,780 10,523 21,050 20,778
Net occupancy - premises 5,050 4,917 10,123 9,951
Equipment expense 4,856 4,247 10,000 8,550
FDIC assessment expense 1,938 3,035 4,688 6,182
ORE/Foreclosure expense 4,704 9,278 7,917 12,339
Other expense 9,817 9,146 19,349 16,853
Total Noninterest Expense 81,348 84,428 161,366 160,789
Income Before Income Taxes 44,798 38,607 79,989 72,938
Income taxes 13,196 12,446 24,374 23,322
Net Income $ 31,602 $ 26,161 $ 55,615 $ 49,616
Earnings Per Common Share        
Basic $ 0.49 $ 0.41 $ 0.87 $ 0.78
Diluted $ 0.49 $ 0.41 $ 0.87 $ 0.78
Dividends Per Common Share $ 0.23 $ 0.23 $ 0.46 $ 0.46