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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest Income:        
Loans and leases, including deferred costs and fees $ 163,979 $ 128,234 $ 478,483 $ 382,231
Securities:        
Taxable 12,277 13,993 38,025 44,700
Tax-exempt 3,620 3,958 11,003 11,944
Dividends 1,157 994 3,252 3,012
Short-term investments 36 29 101 80
Total interest income 181,069 147,208 530,864 441,967
Deposits:        
Interest-bearing demand and savings 5,091 5,274 16,761 16,711
Time 12,085 13,595 35,518 42,884
Federal Home Loan Bank short-term borrowings 3,245 3,083 9,302 8,421
Other short-term borrowings 2,206 2,220 6,507 5,954
Federal Home Loan Bank long-term borrowings 308 7,884 668 23,767
Other long-term debt 8,992 8,313 26,174 26,281
Total interest expense 31,927 40,369 94,930 124,018
Net interest income 149,142 106,839 435,934 317,949
Provision for loan and lease losses 16,000 25,000 51,000 88,000
Net interest income, after provision for loan and lease losses 133,142 81,839 384,934 229,949
Noninterest Income:        
Service charges on deposit accounts 9,013 8,206 25,270 24,039
Vehicle origination and servicing fees 2,470 1,979 6,620 5,878
Asset management fees 7,366 7,046 21,798 21,332
Income from fiduciary-related activities 2,485 1,819 7,647 5,507
Commissions on brokerage, life insurance, and annuity sales 2,072 1,894 6,378 6,504
Commissions on property and casualty insurance sales 3,158 2,956 12,145 10,409
Other commissions and fees 5,387 7,075 14,830 19,581
Income from bank-owned life insurance 1,726 1,136 4,868 3,392
Net realized gain on sale of loans and leases 5,938 2,953 14,084 9,423
Net realized gain on sales of securities 31 1,653 1,777 4,584
Total other-than-temporary impairment, net of recoveries 136 (894) 2,106 (5,260)
Portion of loss recognized in other comprehensive income (before taxes) (136) 679 (2,250) 2,200
Net impairment losses recognized in earnings 0 (215) (144) (3,060)
Other 4,015 298 7,714 3,732
Total noninterest income 43,661 36,800 122,987 111,321
Noninterest Expenses:        
Salaries and employee benefits 62,236 53,315 184,718 157,719
Occupancy 11,350 8,982 33,886 27,499
Furniture and equipment 3,823 3,143 11,749 9,448
Advertising and marketing 2,947 3,138 9,288 8,624
FDIC insurance 5,275 3,596 15,222 12,383
Legal fees 2,012 2,823 5,972 6,759
Amortization of intangible assets 3,337 2,118 9,253 6,415
Vehicle lease disposal 1,401 2,676 4,981 7,733
Merger related 1,500 1,293 16,297 2,780
Loss on extinguishment of debt 5,451 0 5,451 0
Other 23,578 19,661 67,923 58,425
Total noninterest expenses 122,910 100,745 364,740 297,785
Income before income taxes 53,893 17,894 143,181 43,485
Provision for income taxes 17,161 2,934 45,183 7,709
Net Income $ 36,732 $ 14,960 $ 97,998 $ 35,776
Earnings per common share:        
Basic $ 0.20 $ 0.12 $ 0.54 $ 0.28
Diluted $ 0.20 $ 0.12 $ 0.54 $ 0.28
Cash dividends per common share $ 0.06 $ 0.02 $ 0.14 $ 0.05
Weighted average common shares outstanding:        
Basic 186,214 129,837 181,735 129,775
Diluted 187,004 129,895 182,487 129,846