XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest Income:        
Interest and fees on loans and leases $ 121,720 $ 121,379 $ 242,781 $ 242,120
Taxable interest and dividends on securities 42,197 45,662 84,454 91,550
Non-taxable interest on securities 5,625 6,935 11,753 13,915
Loans held for sale 551 657 1,188 1,155
Total interest income 170,093 174,633 340,176 348,740
Interest Expense:        
Deposits 12,024 15,102 24,874 31,158
Securities sold under agreements to repurchase and other borrowings 5,184 5,360 10,239 9,794
Federal Home Loan Bank advances 4,007 4,426 8,546 8,990
Long-term debt 1,817 5,367 3,660 11,052
Total interest expense 23,032 30,255 47,319 60,994
Net interest income 147,061 144,378 292,857 287,746
Provision for loan and lease losses 8,500 5,000 16,000 9,000
Net interest income after provision for loan and lease losses 138,561 139,378 276,857 278,746
Non-interest Income:        
Deposit service fees 24,622 23,719 48,616 47,082
Loan related fees 5,505 3,565 10,090 8,434
Wealth and investment services 8,920 7,249 16,686 14,470
Mortgage banking activities 5,888 3,624 12,919 8,007
Increase in cash surrender value of life insurance policies 3,448 2,561 6,832 5,078
Net gain on sale of investment securities 333 2,537 439 2,537
Other income 3,535 4,098 4,947 5,731
Total non-interest income 52,251 47,353 100,529 91,339
Non-interest Expense:        
Compensation and benefits 65,768 63,587 131,818 132,206
Occupancy 11,837 12,578 24,716 25,460
Technology and equipment 15,495 16,021 30,848 31,603
Intangible assets amortization 1,242 1,397 2,484 2,794
Marketing 3,817 5,094 8,628 9,194
Professional and outside services 1,527 3,387 3,677 6,079
Deposit insurance 5,524 5,723 10,698 11,432
Other expense 18,394 19,392 36,270 36,224
Total non-interest expense 123,604 127,179 249,139 254,992
Income before income tax expense 67,208 59,552 128,247 115,093
Income tax expense 20,835 18,312 39,757 34,915
Net income 46,373 41,240 88,490 80,178
Preferred stock dividends (2,639) (615) (5,525) (1,230)
Net income available to common shareholders $ 43,734 $ 40,625 $ 82,965 $ 78,948
Net income per common share:        
Baisc (in dollars per share) $ 0.49 $ 0.46 $ 0.94 $ 0.90
Diluted (in dollars per share) $ 0.48 $ 0.44 $ 0.92 $ 0.86