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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
INTEREST INCOME    
Loans, including fees$ 149,460$ 158,060$ 448,707$ 473,222
Investment securities:    
Taxable20,16622,36362,72275,658
Tax-exempt2,8963,2269,21710,169
Dividends6986862,0772,075
Loans held for sale4259191,4172,142
Other interest income91102225358
Total Interest Income173,736185,356524,365563,624
INTEREST EXPENSE    
Deposits19,68429,75564,74595,312
Short-term borrowings1512675731,206
Long-term debt12,40815,14837,34649,253
Total Interest Expense32,24345,170102,664145,771
Net Interest Income141,493140,186421,701417,853
Provision for credit losses31,00040,000105,000120,000
Net Interest Income After Provision for Credit Losses110,493100,186316,701297,853
OTHER INCOME    
Service charges on deposit accounts15,16414,75242,80144,501
Other service charges and fees12,50711,54036,69833,174
Investment management and trust services8,9148,60427,75625,347
Mortgage banking income7,94212,39919,45420,447
Other4,7773,87714,17712,194
Total other-than-temporary impairment losses(509)(2,428)(1,601)(12,013)
Less: Portion of (gain) loss recognized in other comprehensive income (before taxes)(80)(387)(672)723
Net other-than-temporary impairment losses(589)(2,815)(2,273)(11,290)
Net gains on sale of investment securities1464,6413,78011,797
Net investment securities gains (losses)(443)1,8261,507507
Total Other Income48,86152,998142,393136,170
OTHER EXPENSES    
Salaries and employee benefits58,94854,533169,326161,532
Net occupancy expense10,79010,51933,03032,688
FDIC insurance expense3,7324,70911,75014,799
Data processing3,4733,18710,0599,915
Other real estate owned and repossession expense3,2702,6207,8157,176
Professional fees3,2473,0409,1988,621
Equipment expense3,0322,9569,5418,710
Software2,1422,0396,1465,359
Marketing1,9232,6016,6226,702
Intangible amortization9531,2933,3033,948
Other15,07915,21443,84044,388
Total Other Expenses106,589102,711310,630303,838
Income Before Income Taxes52,76550,473148,464130,185
Income taxes13,44112,79338,97033,343
Net Income39,32437,680109,49496,842
Preferred stock dividends and discount accretion0(6,172)0(16,303)
Net Income Available to Common Shareholders$ 39,324$ 31,508$ 109,494$ 80,539
PER COMMON SHARE:    
Net income (basic)$ 0.20$ 0.16$ 0.55$ 0.43
Net income (diluted)$ 0.20$ 0.16$ 0.55$ 0.43
Cash dividends$ 0.05$ 0.03$ 0.14$ 0.09