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Condensed Financial Information - Parent Company Only (Tables)
12 Months Ended
Dec. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information Parent Only
CONDENSED BALANCE SHEETS
(in thousands)
 
 
December 31
 
 
December 31
 
2012
 
2011
 
 
2012
 
2011
ASSETS
 
 
 
 
LIABILITIES AND EQUITY
 
 
 
Cash
$
40

 
$
59

 
Long-term debt
$
368,172

 
$
371,999

Other assets
11,483

 
9,694

 
Payable to non-bank subsidiaries
23,733

 
24,144

Receivable from subsidiaries
20,829

 
18,752

 
Other liabilities
59,603

 
59,338


 
 
 
 
Total Liabilities
451,508

 
455,481

Investments in:
 
 
 
 
 
 
 
 
Bank subsidiaries
2,111,708

 
2,067,415

 
 
 
 
 
Non-bank subsidiaries
389,104

 
352,100

 
Shareholders’ equity
2,081,656

 
1,992,539

Total Assets
$
2,533,164

 
$
2,448,020

 
Total Liabilities and           Shareholders’ Equity
$
2,533,164

 
$
2,448,020


CONDENSED STATEMENTS OF INCOME 
 
2012
 
2011
 
2010
 
(in thousands)
Income:
 
 
 
 
 
Dividends from subsidiaries
$
142,000

 
$
91,325

 
$
63,850

Other
88,380

 
78,662

 
73,438

 
230,380

 
169,987

 
137,288

Expenses
124,525

 
112,398

 
105,012

Income before income taxes and equity in undistributed net income of subsidiaries
105,855

 
57,589

 
32,276

Income tax benefit
(10,847
)
 
(11,523
)
 
(11,180
)
 
116,702

 
69,112

 
43,456

Equity in undistributed net income (loss) of:
 
 
 
 
 
Bank subsidiaries
46,350

 
80,908

 
78,146

Non-bank subsidiaries
(3,207
)
 
(4,447
)
 
6,730

Net Income
159,845

 
145,573

 
128,332

Preferred stock dividends and discount accretion

 

 
(16,303
)
Net Income Available to Common Shareholders
$
159,845

 
$
145,573

 
$
112,029


CONDENSED STATEMENTS OF CASH FLOWS
 
2012
 
2011
 
2010
 
(in thousands)
Cash Flows From Operating Activities:
 
 
 
 
 
Net Income
$
159,845

 
$
145,573

 
$
128,332

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Stock-based compensation
4,834

 
4,249

 
1,996

Excess tax benefits from stock-based compensation
(39
)
 

 

(Increase) decrease in other assets
(6,340
)
 
2,086

 
(11,389
)
Equity in undistributed net income of subsidiaries
(43,143
)
 
(76,461
)
 
(84,876
)
Increase in other liabilities and payable to non-bank subsidiaries
6,885

 
18,428

 
242,921

Total adjustments
(37,803
)
 
(51,698
)
 
148,652

Net cash provided by operating activities
122,042

 
93,875

 
276,984

Cash Flows From Investing Activities:
 
 
 
 
 
Investments in bank subsidiaries

 
(15,000
)
 
(86,300
)
Investments in non-bank subsidiaries
(32,649
)
 
(41,125
)
 

Net cash used in investing activities
(32,649
)
 
(56,125
)
 
(86,300
)
Cash Flows From Financing Activities:
 
 
 
 
 
Repayments of long-term debt
(4,125
)
 
(10,619
)
 

Redemption of preferred stock and common stock warrant

 

 
(387,300
)
Net proceeds from issuance of common stock
7,005

 
6,835

 
231,510

Excess tax benefits from stock-based compensation
39

 

 

Dividends paid
(71,972
)
 
(33,917
)
 
(35,003
)
Acquisition of treasury stock
(20,359
)
 

 

Net cash used in financing activities
(89,412
)
 
(37,701
)
 
(190,793
)
Net (Decrease) Increase in Cash and Cash Equivalents
(19
)
 
49

 
(109
)
Cash and Cash Equivalents at Beginning of Year
59

 
10

 
119

Cash and Cash Equivalents at End of Year
$
40

 
$
59

 
$
10