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Consolidated Statements of Operations (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 and dividend income:        
Loans $ 49,396 $ 48,339 $ 96,610 $ 97,689
Taxable investment securities 730 489 1,366 1,000
Non-taxable investment securities 914 778 1,818 1,617
Mortgage-backed securities 1,689 1,340 3,625 2,742
Federal funds sold and other 253 179 599 358
Total interest and dividend income 52,982 51,125 104,018 103,406
Interest expense:        
Deposits 3,375 3,120 6,591 6,906
Federal Home Loan Bank borrowings 2,359 2,818 4,685 5,649
Junior subordinated debentures 965 1,156 1,920 2,310
Repurchase agreements and other short-term borrowings 15 132 32 366
Total interest expense 6,714 7,226 13,228 15,231
Net interest income 46,268 43,899 90,790 88,175
Provision/ (credit) for loan losses (5,000) (2,000) (6,200) (2,000)
Net interest income after provision for loan losses 51,268 45,899 96,990 90,175
Fees and other income:        
Investment management fees 11,754 10,848 23,215 20,934
Wealth advisory fees 11,979 10,317 23,452 20,385
Private banking wealth management and trust fees 7,043 6,490 14,004 13,272
Other banking fee income 1,677 1,706 3,357 3,504
Gain on sale of loans, net 1,694 746 1,783 1,933
Gain on repurchase of debt 0 46 0 620
Gain on sale of investments, net 0 18 1 28
Gain/ (loss) on OREO, net 19 (47) 838 (13)
Gain on sale of Pacific Northwest offices 0 10,574 0 10,574
Other 208 286 457 508
Total fees and other income 34,374 40,984 67,107 71,745
Operating expense:        
Salaries and employee benefits 34,338 34,054 70,912 71,503
Occupancy and equipment 7,349 7,597 15,146 15,104
Professional services 3,526 2,585 6,369 5,246
Marketing and business development 2,730 2,726 4,156 4,162
Contract services and data processing 1,447 1,484 2,885 3,052
Amortization of intangibles 1,045 1,101 2,098 2,219
FDIC insurance 854 954 1,750 1,994
Other 3,113 6,165 6,054 9,972
Total operating expense 54,402 56,666 109,370 113,252
Income before income taxes 31,240 30,217 54,727 48,668
Income tax expense 10,333 10,701 17,471 16,741
Net income from continuing operations 20,907 19,516 37,256 31,927
Net income from discontinued operations 1,450 2,781 3,378 4,503
Net income before attrubution to noncontrolling interests 22,357 22,297 40,634 36,430
Less: Net income attributable to noncontrolling interests 1,025 969 2,261 1,899
Net income attributable to the Company 21,332 21,328 38,373 34,531
Adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders (1,327) (12,667) (2,511) (13,923)
Net income attributable to common shareholders for earnings per share calculation $ 20,005 $ 8,661 $ 35,862 $ 20,608
Basic earnings per share attributable to common shareholders:        
From continuing operations: $ 0.24 $ 0.08 $ 0.42 $ 0.21
From discontinued operations: $ 0.02 $ 0.03 $ 0.04 $ 0.05
Total attributable to common shareholders: $ 0.26 $ 0.11 $ 0.46 $ 0.27
Diluted earnings per share attributable to common shareholders:        
From continuing operations: $ 0.23 $ 0.08 $ 0.41 $ 0.21
From discontinued operations: $ 0.02 $ 0.03 $ 0.04 $ 0.05
Total attributable to common shareholders: $ 0.25 $ 0.11 $ 0.45 $ 0.26
Common Stock [Member]
       
Basic earnings per share attributable to common shareholders:        
Weighted average basic common shares outstanding 78,438,636 77,250,998 78,292,721 77,035,998
Diluted earnings per share attributable to common shareholders:        
Weighted average diluted common shares outstanding 80,298,425 [1] 78,378,878 [1] 80,158,842 [1] 78,105,290 [1]
[1] The diluted EPS computations for the three and six months ended June 30, 2014 and 2013 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows: Three months ended June 30, Six months ended June 30, 2014 2013 2014 2013Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):(In thousands)Potential common shares from: Stock options or other dilutive securities (a)780 1,398 865 1,511Total shares excluded due to exercise price exceeding the average market price of common shares during the period780 1,398 865 1,511(a)Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.