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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
INTEREST INCOME        
Loans, including fees $ 135,032 $ 141,541 $ 269,162 $ 285,887
Investment securities:        
Taxable 14,516 18,624 27,913 37,285
Tax-exempt 2,345 2,596 4,824 5,297
Dividends 766 641 1,565 1,340
Loans held for sale 384 538 879 969
Other interest income 35 45 57 98
Total Interest Income 153,078 163,985 304,400 330,876
INTEREST EXPENSE        
Deposits 9,498 14,743 19,899 30,993
Short-term borrowings 700 411 1,209 692
Long-term debt 10,815 11,301 21,583 22,966
Total Interest Expense 21,013 26,455 42,691 54,651
Net Interest Income 132,065 137,530 261,709 276,225
Provision for credit losses 13,500 25,500 28,500 53,500
Net Interest Income After Provision for Credit Losses 118,565 112,030 233,209 222,725
NON-INTEREST INCOME        
Service charges on deposit accounts 14,651 15,367 28,762 30,209
Mortgage banking income 10,997 11,143 19,170 21,193
Investment management and trust services 10,601 9,822 20,697 19,199
Other service charges and fees 9,508 11,507 18,018 22,062
Other 3,694 3,931 7,590 9,494
Net gains on sale of investment securities 2,892 1,595 5,365 2,846
Other-than-temporary impairment losses (27) (57) (27) (57)
Investment securities gains, net 2,865 1,538 5,338 2,789
Total Non-Interest Income 52,316 53,308 99,575 104,946
NON-INTEREST EXPENSE        
Salaries and employee benefits 63,490 60,091 124,702 120,451
Net occupancy expense 11,447 11,205 23,291 22,140
Equipment expense 3,893 3,185 7,801 6,554
Data processing 4,509 3,759 8,412 7,447
Professional Fees 3,395 2,984 6,442 5,566
Other outside services 5,315 5,101 8,175 8,014
Other real estate owned and repossession expense 1,941 3,165 4,795 6,460
FDIC insurance expense 3,001 3,002 5,848 6,023
Software 3,094 2,272 5,842 4,447
Marketing 1,922 2,583 3,794 5,055
Operating risk loss 1,860 2,055 3,626 5,423
Intangible amortization 535 761 1,069 1,562
Other 12,728 11,924 24,269 23,614
Total Non-Interest Expense 117,130 112,087 228,066 222,756
Income Before Income Taxes 53,751 53,251 104,718 104,915
Income taxes 13,169 13,360 24,909 26,892
Net Income $ 40,582 $ 39,891 $ 79,809 $ 78,023
PER SHARE:        
Net Income (Basic) $ 0.21 $ 0.20 $ 0.41 $ 0.39
Net Income (Diluted) $ 0.21 $ 0.20 $ 0.41 $ 0.39
Cash Dividends $ 0.08 $ 0.07 $ 0.16 $ 0.14