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SEGMENT REPORTING (Tables)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 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 September 30, 2014:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             96,726 

 

$                 32 

 

$               8,855 

 

$           105,613 

Provision for credit losses

 

(4,001)

 

 -

 

4,001 

 

 -

Net interest revenue after provision for credit losses

 

100,727 

 

32 

 

4,854 

 

105,613 

Noninterest revenue

 

26,199 

 

29,053 

 

14,026 

 

69,278 

Noninterest expense

 

89,063 

 

24,930 

 

19,706 

 

133,699 

Income before income taxes

 

37,863 

 

4,155 

 

(826)

 

41,192 

Income tax expense (benefit)

 

11,918 

 

1,677 

 

(1,181)

 

12,414 

Net income

 

$             25,945 

 

$            2,478 

 

$                  355 

 

$             28,778 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$        9,588,752 

 

$        207,612 

 

$        3,275,193 

 

$      13,071,557 

Depreciation and amortization

 

5,911 

 

1,322 

 

$                  662 

 

7,895 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2013:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             93,404 

 

$                 41 

 

$               6,796 

 

$           100,241 

Provision for credit losses

 

95 

 

 -

 

405 

 

500 

Net interest revenue after provision for credit losses

 

93,309 

 

41 

 

6,391 

 

99,741 

Noninterest revenue

 

27,443 

 

24,878 

 

10,193 

 

62,514 

Noninterest expense

 

80,733 

 

21,515 

 

27,149 

 

129,397 

Income (loss) before income taxes

 

40,019 

 

3,404 

 

(10,565)

 

32,858 

Income tax expense (benefit)

 

10,180 

 

1,542 

 

(3,721)

 

8,001 

Net income (loss)

 

$             29,839 

 

$            1,862 

 

$             (6,844)

 

$             24,857 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$        9,773,134 

 

$        186,003 

 

$        2,957,016 

 

$      12,916,153 

Depreciation and amortization

 

5,658 

 

858 

 

728 

 

7,244 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General

 

 

 

 

Community

 

Insurance

 

Corporate

 

 

 

 

Banking

 

Agencies

 

and Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Nine months ended September 30, 2014

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          284,623 

 

$                         90 

 

$            25,504 

 

$          310,217 

Provision for credit losses

 

(3,525)

 

 -

 

3,525 

 

 -

Net interest revenue after provision for credit losses

 

288,148 

 

90 

 

21,979 

 

310,217 

Noninterest revenue

 

74,136 

 

89,545 

 

41,952 

 

205,633 

Noninterest expense

 

249,582 

 

73,616 

 

65,162 

 

388,360 

Income  before income taxes

 

112,702 

 

16,019 

 

(1,231)

 

127,490 

Income tax expense (benefit)

 

36,224 

 

6,402 

 

(3,226)

 

39,400 

Net income

 

$            76,478 

 

$                    9,617 

 

$              1,995 

 

$            88,090 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$       9,588,752 

 

$                207,612 

 

$       3,275,193 

 

$     13,071,557 

Depreciation and amortization

 

17,924 

 

3,945 

 

1,799 

 

23,668 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2013

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          278,373 

 

$                       131 

 

$            18,028 

 

$          296,532 

Provision for credit losses

 

6,334 

 

 -

 

1,166 

 

7,500 

Net interest revenue after provision for credit losses

 

272,039 

 

131 

 

16,862 

 

289,032 

Noninterest revenue

 

80,670 

 

77,202 

 

52,069 

 

209,941 

Noninterest expense

 

248,494 

 

64,913 

 

93,612 

 

407,019 

Income (loss) before income taxes

 

104,215 

 

12,420 

 

(24,681)

 

91,954 

Income tax expense (benefit)

 

33,830 

 

3,619 

 

(11,912)

 

25,537 

Net income (loss)

 

$            70,385 

 

$                    8,801 

 

$          (12,769)

 

$            66,417 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$       9,773,134 

 

$                186,003 

 

$       2,957,016 

 

$     12,916,153 

Depreciation and amortization

 

17,174 

 

2,637 

 

2,214 

 

22,025