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Consolidated Statements of Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income:        
Loans and leases, including fees $ 147,761,000 $ 155,596,000 $ 445,301,000 $ 475,926,000
Securities:        
Taxable 8,459,000 10,641,000 27,211,000 30,584,000
Tax-exempt 3,383,000 3,527,000 10,323,000 10,682,000
Dividends 2,108,000 1,297,000 6,007,000 3,609,000
Short-term investments 24,000 16,000 66,000 87,000
Total interest income 161,735,000 171,077,000 488,908,000 520,888,000
Deposits:        
Interest-bearing demand and savings 4,256,000 4,190,000 12,249,000 13,604,000
Time 10,803,000 10,229,000 30,677,000 33,115,000
Federal Home Loan Bank short-term borrowings 4,554,000 3,915,000 13,772,000 10,738,000
Other short-term borrowings 2,091,000 2,242,000 6,222,000 6,548,000
Federal Home Loan Bank long-term borrowings 247,000 284,000 735,000 888,000
Other long-term debt 3,319,000 4,268,000 7,030,000 12,743,000
Total interest expense 25,270,000 25,128,000 70,685,000 77,636,000
Net interest income 136,465,000 145,949,000 418,223,000 443,252,000
Provision for loan and lease losses 9,000,000 5,000,000 18,000,000 29,000,000
Net interest income, after provision for loan and lease losses 127,465,000 140,949,000 400,223,000 414,252,000
Noninterest Income:        
Service charges on deposit accounts 9,561,000 9,514,000 27,855,000 27,533,000
Vehicle origination and servicing fees 1,691,000 2,907,000 7,574,000 8,668,000
Wealth management commissions and fees 13,199,000 12,606,000 38,587,000 38,285,000
Commissions on property and casualty insurance sales 3,992,000 3,872,000 13,872,000 12,774,000
Other commissions and fees 5,689,000 4,885,000 16,125,000 13,940,000
Income from bank-owned life insurance 1,634,000 1,493,000 4,943,000 4,521,000
Mortgage banking revenue 2,432,000 2,237,000 7,846,000 10,345,000
Capital markets revenue 1,593,000 111,000 3,710,000 4,269,000
Net realized gain (loss) on sales and impairment of securities 0 2,000 3,285,000 (51,000)
Other 4,826,000 3,716,000 8,258,000 12,779,000
Total noninterest income 44,617,000 41,343,000 132,055,000 133,063,000
Noninterest Expenses:        
Salaries and employee benefits 68,042,000 61,879,000 201,948,000 191,381,000
Occupancy 12,089,000 11,352,000 37,850,000 33,721,000
Furniture and equipment 4,043,000 3,661,000 12,045,000 10,986,000
Professional and technology services 6,168,000 7,173,000 19,427,000 18,733,000
Advertising and marketing 3,784,000 3,319,000 10,927,000 9,084,000
FDIC insurance 5,038,000 5,421,000 15,084,000 13,760,000
Legal fees 1,699,000 1,774,000 4,882,000 5,454,000
Amortization of intangible assets 2,220,000 2,502,000 7,126,000 8,823,000
Vehicle lease disposal 2,222,000 1,193,000 6,688,000 3,796,000
Other 19,106,000 19,427,000 56,691,000 59,430,000
Total noninterest expenses 124,411,000 117,701,000 372,668,000 355,168,000
Income before income taxes 47,671,000 64,591,000 159,610,000 192,147,000
Provision for income taxes 14,203,000 20,300,000 45,486,000 59,809,000
Net Income $ 33,468,000 $ 44,291,000 $ 114,124,000 $ 132,338,000
Earnings per common share:        
Basic $ 0.18 $ 0.24 $ 0.61 $ 0.71
Diluted $ 0.18 $ 0.24 $ 0.61 $ 0.70
Cash dividends per common share $ 0.09 $ 0.08 $ 0.25 $ 0.16
Average common shares outstanding:        
Basic 184,985 187,096 186,683 186,840
Diluted 185,724 188,109 187,445 187,816