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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Loans receivable:      
Taxable $ 146,745 $ 149,716 $ 174,070
Tax-exempt 480 528 515
Investment securities:      
Taxable 17,027 19,230 12,957
Tax-exempt 10,189 10,167 10,377
Federal funds sold    3 26
Deposits with financial institutions 100 282 381
Federal Reserve and Federal Home Loan Bank stock 1,408 1,319 1,252
Total Interest Income 175,949 181,245 199,578
INTEREST EXPENSE      
Deposits 14,800 22,281 39,876
Federal funds purchased 69 25 5
Securities sold under repurchase agreements 907 1,511 1,712
Federal Home Loan Bank advances 2,624 4,181 5,368
Subordinated debentures, revolving credit lines and term loans 5,213 9,892 9,048
Total Interest Expense 23,613 37,890 56,009
NET INTEREST INCOME 152,336 143,355 143,569
Provision for loan losses 18,534 22,630 46,483
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 133,802 120,725 97,086
OTHER INCOME      
Service charges on deposit accounts 11,587 11,972 13,283
Fiduciary activities 7,891 7,650 7,692
Other customer fees 11,233 10,024 8,990
Commission income 6,224 5,660 6,225
Earnings on cash surrender value of life insurance 3,418 2,596 2,098
Net gains and fees on sales of loans 10,628 7,418 6,806
Net realized gains on sales of available for sale securities 2,389 2,439 3,406
Other-than-temporary impairment on available for sale securities   (2,788) (3,049)
Portion of loss recognized in other comprehensive income before taxes   2,388 1,505
Net impairment losses recognized in earnings   (400) (1,544)
Gain on FDIC modified whole bank transaction 9,124    
Other income 1,808 1,761 1,588
Total Other Income 64,302 49,120 48,544
OTHER EXPENSES      
Salaries and employee benefits 79,398 74,735 73,253
Net occupancy 10,186 10,118 9,935
Equipment 7,201 6,794 7,323
Marketing 2,158 2,002 1,970
Outside data processing fees 5,656 5,671 5,093
Printing and office supplies 1,169 1,242 1,259
Core deposit amortization 1,927 3,548 4,721
FDIC assessments 3,509 5,531 8,121
Other real estate owned and credit-related expenses 8,178 10,614 12,436
Other expenses 17,733 15,683 18,200
Total Other Expenses 137,115 135,938 142,311
INCOME BEFORE INCOME TAX 60,989 33,907 3,319
Income tax expense (benefit) 15,867 8,655 (3,590)
NET INCOME 45,122 25,252 6,909
Gain on exchange of preferred stock for trust preferred debt     11,353
Loss on CPP unamortized discount   (1,401) (1,301)
Loss on extinguishment of trust preferred securities   (10,857)  
Preferred stock dividends and discount accretion (4,539) (3,981) (5,239)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 40,583 $ 9,013 $ 11,722
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS PER SHARE:      
Basic (usd per share) $ 1.42 $ 0.34 $ 0.48
Diluted (usd per share) $ 1.41 $ 0.34 $ 0.48