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SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2013
SEGMENTS [Abstract]  
Results of Operations and Selected Financial Information by Operating Segment

 

 

 

 

 

 

 

 

 

 

 

Community Banking

 

Insurance Agencies

 

General Corporate and Other

 

Total

2013

 

(In thousands)

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$        372,629 

 

$                165 

 

$        26,155 

 

$        398,949 

Provision for credit losses

 

5,824 

 

 -

 

1,676 

 

7,500 

Net interest income after provision

 

 

 

 

 

 

 

 

for credit losses

 

366,805 

 

165 

 

24,479 

 

391,449 

Noninterest revenue

 

108,507 

 

99,103 

 

67,456 

 

275,066 

Noninterest expense

 

324,513 

 

86,557 

 

123,779 

 

534,849 

Income (loss) before income taxes

 

150,799 

 

12,711 

 

(31,844)

 

131,666 

Income tax expense (benefit)

 

47,454 

 

5,175 

 

(15,078)

 

37,551 

Net income (loss)

 

$        103,345 

 

$             7,536 

 

$      (16,766)

 

$          94,115 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$     9,809,428 

 

$         187,424 

 

$   3,032,881 

 

$   13,029,733 

Depreciation and amortization

 

22,912 

 

3,655 

 

2,956 

 

29,523 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Community Banking

 

Insurance Agencies

 

General Corporate and Other

 

Total

2012

 

(In thousands)

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$        389,466 

 

$                270 

 

$        24,855 

 

$        414,591 

Provision for credit losses

 

25,482 

 

 -

 

2,518 

 

28,000 

Net interest income after provision

 

 

 

 

 

 

 

 

for credit losses

 

363,984 

 

270 

 

22,337 

 

386,591 

Noninterest revenue

 

113,613 

 

90,045 

 

76,491 

 

280,149 

Noninterest expense

 

351,378 

 

78,799 

 

119,016 

 

549,193 

Income (loss) before income taxes

 

126,219 

 

11,516 

 

(20,188)

 

117,547 

Income tax expense (benefit)

 

39,777 

 

4,682 

 

(11,207)

 

33,252 

Net income (loss)

 

$          86,442 

 

$             6,834 

 

$        (8,981)

 

$          84,295 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$   10,232,036 

 

$         173,832 

 

$   2,991,330 

 

$   13,397,198 

Depreciation and amortization

 

23,773 

 

3,616 

 

3,553 

 

30,942 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

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

 

$          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