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SEGMENT REPORTING (Tables)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
SEGMENT REPORTING [Abstract]    
Results Of Operations And Selected Financial Information By Operating Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General

 

 

 

 

Community

 

Insurance

 

Corporate

 

 

 

 

Banking

 

Agencies

 

and Other

 

Total

 

(In thousands)

Three months ended June 30, 2014:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             94,582 

 

$                 30 

 

$            8,469 

 

$           103,081 

Provision for credit losses

 

(548)

 

 -

 

548 

 

 -

Net interest revenue after provision for credit losses

 

95,130 

 

30 

 

7,921 

 

103,081 

Noninterest revenue

 

24,010 

 

28,872 

 

16,956 

 

69,838 

Noninterest expense

 

80,201 

 

24,371 

 

23,382 

 

127,954 

Income before income taxes

 

38,939 

 

4,531 

 

1,495 

 

44,965 

Income tax expense (benefit)

 

12,697 

 

1,807 

 

(407)

 

14,097 

Net income

 

$             26,242 

 

$            2,724 

 

$            1,902 

 

$             30,868 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$        9,565,492 

 

$        205,756 

 

$     3,214,639 

 

$      12,985,887 

Depreciation and amortization

 

6,456 

 

1,346 

 

$               342 

 

8,144 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2013:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             92,725 

 

$                 40 

 

$            5,448 

 

$             98,213 

Provision for credit losses

 

2,139 

 

 -

 

861 

 

3,000 

Net interest revenue after provision for credit losses

 

90,586 

 

40 

 

4,587 

 

95,213 

Noninterest revenue

 

26,720 

 

25,793 

 

23,596 

 

76,109 

Noninterest expense

 

76,557 

 

21,991 

 

43,703 

 

142,251 

Income (loss) before income taxes

 

40,749 

 

3,842 

 

(15,520)

 

29,071 

Income tax expense (benefit)

 

13,447 

 

1,542 

 

(6,673)

 

8,316 

Net income (loss)

 

$             27,302 

 

$            2,300 

 

$          (8,847)

 

$             20,755 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$        9,928,278 

 

$        194,050 

 

$     3,095,377 

 

$      13,217,705 

Depreciation and amortization

 

5,726 

 

884 

 

717 

 

7,327 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General

 

 

 

 

Community

 

Insurance

 

Corporate

 

 

 

 

Banking

 

Agencies

 

and Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Six months ended June 30, 2014

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          187,897 

 

$                         58 

 

$            16,649 

 

$          204,604 

Provision for credit losses

 

476 

 

 -

 

(476)

 

Net interest revenue after provision for credit losses

 

187,421 

 

58 

 

17,125 

 

204,604 

Noninterest revenue

 

47,936 

 

60,493 

 

27,926 

 

136,355 

Noninterest expense

 

161,974 

 

48,686 

 

44,001 

 

254,661 

Income  before income taxes

 

73,383 

 

11,865 

 

1,050 

 

86,298 

Income tax expense (benefit)

 

23,770 

 

4,725 

 

(1,509)

 

26,986 

Net income

 

$            49,613 

 

$                    7,140 

 

$              2,559 

 

$            59,312 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$       9,565,492 

 

$                205,756 

 

$       3,214,639 

 

$     12,985,887 

Depreciation and amortization

 

12,038 

 

2,623 

 

1,114 

 

15,775 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2013

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          184,969 

 

$                         90 

 

$            11,232 

 

$          196,291 

Provision for credit losses

 

6,240 

 

 -

 

760 

 

7,000 

Net interest revenue after provision for credit losses

 

178,729 

 

90 

 

10,472 

 

189,291 

Noninterest revenue

 

53,227 

 

52,323 

 

41,877 

 

147,427 

Noninterest expense

 

167,762 

 

43,398 

 

66,462 

 

277,622 

Income (loss) before income taxes

 

64,194 

 

9,015 

 

(14,113)

 

59,096 

Income tax expense (benefit)

 

21,197 

 

3,619 

 

(7,280)

 

17,536 

Net income (loss)

 

$            42,997 

 

$                    5,396 

 

$            (6,833)

 

$            41,560 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$       9,928,278 

 

$                194,050 

 

$       3,095,377 

 

$     13,217,705 

Depreciation and amortization

 

11,516 

 

1,778 

 

1,487 

 

14,781