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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income    
Loans and leases $ 238,137 $ 231,453
Investment securities:    
U. S. Treasury 739 3,210
Government agency 4,332 5,047
Residential mortgage-backed securities 1,889 2,653
Corporate bonds 1,199 2,176
State, county and municipal 12 13
Other 131 259
Total investment securities interest and dividend income 8,302 13,358
Overnight investments 313 389
Total interest income 246,752 245,200
Interest expense    
Deposits 16,472 29,820
Short-term borrowings 1,391 1,697
Long-term obligations 7,937 9,696
Total interest expense 25,800 41,213
Net interest income 220,952 203,987
Provision for loan and lease losses 30,715 44,419
Net interest income after provision for loan and lease losses 190,237 159,568
Noninterest income    
Gain on acquisitions 0 63,474
Cardholder and merchant services 22,450 26,780
Service charges on deposit accounts 14,846 15,790
Wealth management services 13,755 13,288
Fees from processing services 8,562 7,246
Securities gains (losses) (45) (449)
Other service charges and fees 3,441 5,957
Mortgage income 4,611 2,315
Insurance commissions 2,756 2,534
ATM income 1,455 1,590
Adjustments for FDIC receivable for loss share agreements (26,796) (10,379)
Other 1,908 1,434
Total noninterest income 46,943 129,580
Noninterest expense    
Salaries and wages 75,684 75,804
Employee benefits 20,249 19,649
Occupancy expense 18,607 18,313
Equipment expense 18,166 17,391
FDIC insurance expense 3,057 8,225
Foreclosure-related expenses 4,621 5,488
Other 42,947 45,158
Total noninterest expense 183,331 190,028
Income before income taxes 53,849 99,120
Income taxes 18,354 37,360
Net income $ 35,495 $ 61,760
Average shares outstanding (in shares) 10,283,842 10,434,453
Net income per share (in dollars per share) $ 3.45 $ 5.92