SEGMENT REPORTING

3 Months Ended

Mar. 31, 2013

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

NOTE 11 - SEGMENT REPORTING

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 mortgage lending, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies operating segments.

Results of operations and selected financial information by operating segment for the three-month periods ended March 31, 2013 and 2012 were as follows:

					General
	Community		Insurance		Corporate
	Banking		Agencies		and Other			Total
	(In thousands)
Three months ended March 31, 2013:
Results of Operations
Net interest revenue	$	92,244	$	49	$	5,785		$	98,078
Provision for credit losses		4,101		-		(101	)		4,000
Net interest revenue after provision for credit losses		88,143		49		5,886			94,078
Noninterest revenue		26,507		26,530		18,281			71,318
Noninterest expense		91,005		21,407		22,959			135,371
Income before income taxes		23,645		5,172		1,208			30,025
Income tax expense (benefit)		7,604		2,076		(460	)		9,220
Net income	$	16,041	$	3,096	$	1,668		$	20,805
Selected Financial Information
Total assets at end of period	$	10,082,036	$	183,918	$	3,127,181		$	13,393,135
Depreciation and amortization		5,788		894		774			7,456
Three months ended March 31, 2012:
Results of Operations
Net interest revenue	$	99,332	$	73	$	6,205		$	105,610
Provision for credit losses		10,228		-		(228	)		10,000
Net interest revenue after provision for credit losses		89,104		73		6,433			95,610
Noninterest revenue		29,163		23,151		20,046			72,360
Noninterest expense		96,701		18,698		20,281			135,680
Income (loss) before income taxes		21,566		4,526		6,198			32,290
Income tax expense (benefit)		6,110		1,819		1,495			9,424
Net income (loss)	$	15,456	$	2,707	$	4,703		$	22,866
Selected Financial Information
Total assets at end of period	$	10,164,436	$	175,763	$	2,967,373		$	13,307,572
Depreciation and amortization		5,970		874		751			7,595

The decreased net income of the General Corporate and Other operating segment for the three months ended March 31, 2013 was primarily related to the decrease in mortgage lending revenue.