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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income    
Loans, including fees $ 49,147 $ 56,025
Investment securities    
Taxable 10,437 8,376
Tax-exempt 810 580
Total interest on investment securities 11,247 8,956
Other earning assets (1,406) (1,472)
Total interest income 58,988 63,509
Interest expense    
Deposits 3,316 3,860
Short-term borrowings 329 329
Long-term borrowings 524 654
Total interest expense 4,169 4,843
Net interest income 54,819 58,666
Provision for loan and lease losses - uncovered 1,159 3,041
Provision for loan and lease losses - covered (2,192) 9,042
Net interest income after provision for loan and lease losses 55,852 46,583
Noninterest income    
Service charges on deposit accounts 4,772 4,717
Trust and wealth management fees 3,746 3,950
Bankcard income 2,433 2,433
Net gains from sales of loans 396 706
Gains on sales of investment securities 50 1,536
FDIC loss sharing income (508) 8,934
Accelerated discount on covered loans 1,015 1,935
Other 2,271 2,487
Total noninterest income 14,175 26,698
Noninterest expenses    
Salaries and employee benefits 25,261 27,329
Net occupancy 5,299 6,165
Furniture and equipment 2,077 2,371
Data processing 2,858 2,469
Marketing 786 897
Communication 623 833
Professional services 1,724 1,803
State intangible tax 644 1,014
FDIC assessments 1,134 1,125
Loss (gain) - other real estate owned 418 502
Loss (gain) - covered other real estate owned 33 (157)
Loss sharing expense 1,569 2,286
Other 5,416 6,469
Total noninterest expenses 47,842 53,106
Income before income taxes 22,185 20,175
Income tax expense 7,081 6,351
Net income $ 15,104 $ 13,824
Earnings per common share    
Basic $ 0.26 $ 0.24
Diluted $ 0.26 $ 0.24
Cash dividends declared per share $ 0.15 $ 0.28
Average common shares outstanding - basic 57,091,604 57,439,029
Average common shares outstanding - diluted 57,828,179 58,283,467