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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest Income        
Interest and fees on loans $ 136,338 $ 133,966 $ 267,417 $ 266,965
Interest and dividends on investment securities:        
Taxable 15,709 12,925 32,165 27,414
Tax-exempt 3,700 3,673 7,386 7,322
Dividends 1,390 1,504 3,180 3,184
Interest on federal funds sold and other short-term investments 27 302 54 518
Total interest income 157,164 152,370 310,202 305,403
Interest Expense        
Savings, NOW and money market 4,530 4,369 8,811 9,071
Time 6,683 7,794 13,215 15,905
Interest on short-term borrowings 304 140 622 284
Interest on long-term borrowings and junior subordinated debentures 28,228 30,180 56,111 60,220
Total interest expense 39,745 42,483 78,759 85,480
Net Interest Income 117,419 109,887 231,443 219,923
Provision for credit losses (5,671) 2,552 (1,673) 4,321
Net Interest Income After Provision for Credit Losses 123,090 107,335 233,116 215,602
Non-Interest Income        
Trust and investment services 2,244 2,257 4,686 4,234
Insurance commissions 4,491 4,062 8,989 8,052
Service charges on deposit accounts 5,636 5,822 11,387 11,512
Gains (losses) on securities transactions, net 7 41 (1) 3,999
Trading losses, net (34) (270) (43) (2,472)
Fees from loan servicing 1,786 1,721 3,456 3,238
Gains on sales of loans, net 679 14,366 1,592 29,426
Gains on sales of assets, net 276 678 128 410
Bank owned life insurance 1,614 1,424 3,022 2,765
Change in FDIC loss-share receivable (7,711) (2,000) (7,787) (5,175)
Other 3,422 4,793 6,503 8,201
Total non-interest income 12,410 32,894 31,932 64,190
Non-Interest Expense        
Salary and employee benefits expense 47,094 47,733 95,182 98,305
Net occupancy and equipment expense 17,973 18,179 38,697 37,068
FDIC insurance assessment 3,393 5,574 6,680 8,927
Amortization of other intangible assets 2,346 1,927 4,697 3,530
Professional and legal fees 4,384 4,285 8,062 8,177
Advertising 533 1,850 1,150 3,652
Other 18,506 15,798 34,644 31,126
Total non-interest expense 94,229 95,346 189,112 190,785
Income Before Income Taxes 41,271 44,883 75,936 89,007
Income tax expense 11,751 10,961 12,581 23,775
Net Income $ 29,520 $ 33,922 $ 63,355 $ 65,232
Earnings Per Common Share:        
Basic $ 0.15 $ 0.17 $ 0.32 $ 0.33
Diluted $ 0.15 $ 0.17 $ 0.32 $ 0.33
Cash Dividends Declared per Common Share $ 0.110 $ 0.16 $ 0.22 $ 0.33
Weighted Average Number of Common Shares Outstanding:        
Basic 200,472,592 199,244,243 200,301,438 199,085,501
Diluted 200,472,592 199,244,243 200,301,438 199,085,501