EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2012

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended				Six months ended
	June 30,				June 30,
(Dollars in thousands, except per share data)	2012		2011		2012		2011
Numerator for basic and diluted earnings per share -income available to common shareholders:
Net income	$	17,802	$	15,973	$	34,796	$	33,180
Dividends on preferred stock	0		0		0		0
Income available to common shareholders	$	17,802	$	15,973	$	34,796	$	33,180
Denominator for basic earnings per share - weighted average shares	57,933,281		57,694,792		57,864,269		57,642,970
Effect of dilutive securities —
Employee stock awards	915,301		945,250		936,550		974,958
Warrants	109,697		94,620		120,870		104,520
Denominator for diluted earnings per share - adjusted weighted average shares	58,958,279		58,734,662		58,921,689		58,722,448
Earnings per share available to common shareholders
Basic	$	0.31	$	0.28	$	0.60	$	0.58
Diluted	$	0.30	$	0.27	$	0.59	$	0.57