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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2012
SEGMENT REPORTING [Abstract]  
Results of Operations and Selected Financial Information by Operating Segment
 
   
Community
Banking
  
Insurance
Agencies
  
General
Corporate
and Other
  
Total
 
   
(In thousands)
 
Three months ended June 30, 2012:
            
Results of Operations
            
Net interest revenue
 $106,649  $76  $(1,984) $104,741 
Provision for credit losses
  4,288   -   1,712   6,000 
Net interest revenue after provision for credit losses
  102,361   76   (3,696)  98,741 
Noninterest revenue
  29,745   22,905   13,818   66,468 
Noninterest expense
  84,057   19,463   32,986   136,506 
Income (loss) before income taxes
  48,049   3,518   (22,864)  28,703 
Income tax expense (benefit)
  15,721   1,404   (9,046)  8,079 
Net income (loss)
 $32,328  $2,114  $(13,818) $20,624 
Selected Financial Information
                
Total assets at end of period
 $10,606,406  $179,106  $2,362,306  $13,147,818 
Depreciation and amortization
  5,911   842   700   7,453 
                  
Three months ended June 30, 2011:
                
Results of Operations
                
Net interest revenue
 $102,880  $84  $6,948  $109,912 
Provision for credit losses
  32,534   -   (294)  32,240 
Net interest revenue after provision for credit losses
  70,346   84   7,242   77,672 
Noninterest revenue
  40,913   22,890   11,341   75,144 
Noninterest expense
  91,936   19,011   26,122   137,069 
Income (loss) before income taxes
  19,323   3,963   (7,539)  15,747 
Income tax expense (benefit)
  4,063   1,576   (2,718)  2,921 
Net income (loss)
 $15,260  $2,387  $(4,821) $12,826 
Selected Financial Information
                
Total assets at end of period
 $10,483,137  $171,122  $2,712,791  $13,367,050 
Depreciation and amortization
  6,107   972   1,069   8,148 
 
 
 
   
Community
Banking
  
Insurance
Agencies
  
General
Corporate
and Other
  
Total
 
   
(In thousands)
 
Six months ended June 30, 2012
            
Results of Operations
            
Net interest revenue
 $214,301  $149  $(4,099) $210,351 
Provision for credit losses
  14,516   -   1,484   16,000 
Net interest revenue after provision for credit losses
  199,785   149   (5,583)  194,351 
Noninterest revenue
  60,930   46,055   31,843   138,828 
Noninterest expense
  183,116   38,161   50,909   272,186 
Income (loss) before income taxes
  77,599   8,043   (24,649)  60,993 
Income tax expense (benefit)
  25,033   3,223   (10,753)  17,503 
Net income (loss)
 $52,566  $4,820  $(13,896) $43,490 
Selected Financial Information
                
Total assets at end of period
 $10,606,406  $179,106  $2,362,306  $13,147,818 
Depreciation and amortization
  11,933   1,716   1,396   15,045 
                  
Six months ended June 30, 2011:
                
Results of Operations
                
Net interest revenue
 $205,543  $179  $13,627  $219,349 
Provision for credit losses
  85,775   -   (56)  85,719 
Net interest revenue after provision for credit losses
  119,768   179   13,683   133,630 
Noninterest revenue
  68,905   45,427   29,123   143,455 
Noninterest expense
  174,654   37,063   55,362   267,079 
Income (loss) before income taxes
  14,019   8,543   (12,556)  10,006 
Income tax expense (benefit)
  1,962   3,401   (7,689)  (2,326)
Net income (loss)
 $12,057  $5,142  $(4,867) $12,332 
Selected Financial Information
                
Total assets at end of period
 $10,483,137  $171,122  $2,712,791  $13,367,050 
Depreciation and amortization
  12,381   1,946   2,149   16,476 


The increased net income of the Community Banking operating segment for the three months and six months ended June 30, 2012 was primarily related to the decrease in the provision for credit losses.