(22) SEGMENTS

The Company is a financial holding company with subsidiaries engaged in the business of banking and activities closely related to banking. The Company determines reportable segments based upon the services offered, the significance of those services to the Company's financial condition and operating results and management's regular review of the operating results of those services. The Company's primary segment is Community Banking, which includes providing a full range of deposit products, commercial loans and consumer loans. The Company has also designated two additional reportable segments - Insurance Agencies and General Corporate and Other. The Company's insurance agencies serve as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. The General Corporate and Other operating segment includes leasing, mortgage lending, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies operating segments. The increased net income of the Community Banking operating segment in 2011 compared to 2010 was primarily related to the decrease in the provision for credit losses.

Results of operations and selected financial information by operating segment for the years ended December 31, 2011, 2010 and 2009 were as follows:

	Community Banking		Insurance Agencies		General Corporate and Other			Total
2011	(In thousands)
Results of Operations
Net interest revenue	$	407,648	$	329	$	26,936		$	434,913
Provision for credit losses		127,794		-		2,287			130,081
Net interest income after provision for credit losses		279,854		329		24,649			304,832
Noninterest revenue		126,807		86,955		57,083			270,845
Noninterest expense		338,125		73,793		121,715			533,633
Income (loss) before income taxes		68,536		13,491		(39,983	)		42,044
Income tax expense (benefit)		40,454		5,423		(41,402	)		4,475
Net income (loss)	$	28,082	$	8,068	$	1,419		$	37,569
Selected Financial Information
Total assets	$	10,169,986	$	163,995	$	2,661,870		$	12,995,851
Depreciation and amortization		24,167		3,826		4,221			32,214

	Community Banking		Insurance Agencies		General Corporate and Other			Total
2010	(In thousands)
Results of Operations
Net interest revenue	$	411,936	$	561	$	28,645		$	441,142
Provision for credit losses		197,539		-		6,477			533,633
Net interest income after provision for credit losses		214,397		561		22,168			237,126
Noninterest revenue		114,736		82,327		67,081			264,144
Noninterest expense		308,299		70,830		107,904			487,033
Income (loss) before income taxes		20,834		12,058		(18,655	)		14,237
Income tax expense (benefit)		2,914		4,786		(16,405	)		(8,705	)
Net income (loss)	$	17,920	$	7,272	$	(2,250	)	$	22,942
Selected Financial Information
Total assets	$	10,854,511	$	158,919	$	2,601,580		$	13,615,010
Depreciation and amortization		24,910		4,230		4,532			33,672

	Community Banking		Insurance Agencies		General Corporate and Other			Total
2009	(In thousands)
Results of Operations
Net interest revenue	$	413,125	$	625	$	31,149		$	444,899
Provision for credit losses		111,409		-		5,915			117,324
Net interest income after provision for credit losses		301,716		625		25,234			327,575
Noninterest revenue		130,544		80,714		64,018			275,276
Noninterest expense		327,020		68,857		94,140			490,017
Income (loss) before income taxes		105,240		12,482		(4,888	)		112,834
Income tax expense (benefit)		28,079		4,918		(2,892	)		30,105
Net income (loss)	$	77,161	$	7,564	$	(1,996	)	$	82,729
Selected Financial Information
Total assets	$	10,879,768	$	159,585	$	2,128,514		$	13,167,867
Depreciation and amortization		28,831		4,651		2,272			35,754