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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
Interest income:      
Interest and fees on loans $ 230,882 $ 245,767 $ 266,472
Interest and dividends on investment securities:      
Taxable 36,847 41,304 42,338
Exempt from federal taxes 4,923 4,749 4,621
Interest on deposits in banks 1,235 1,050 1,093
Interest on federal funds sold 13 13 22
Total interest income 273,900 292,883 314,546
Interest expense:      
Interest on deposits 22,306 33,533 53,949
Interest on securities sold under repurchase agreements 579 695 879
Interest on other borrowed funds 0 0 3
Interest on long-term debt 1,981 1,975 2,433
Interest in preferred stock pending redemption 131 0 0
Interest on subordinated debentures held by subsidiary trusts 5,117 5,828 5,843
Total interest expense 30,114 42,031 63,107
Net interest income 243,786 250,852 251,439
Provision for Loan Losses Expensed 40,750 58,151 66,900
Net interest income after provision for loan losses 203,036 192,701 184,539
Non-interest income:      
Income from the origination and sale of loans 41,790 21,153 22,868
Other service charges, commissions and fees 34,226 31,689 29,494
Service charges on deposit accounts 17,412 17,647 18,181
Wealth management revenues 14,314 13,575 12,387
Investment securities gains, net 348 1,544 170
Other income 6,771 6,264 7,811
Total non-interest income 114,861 91,872 90,911
Non-interest expense:      
Salaries and wages 89,833 83,560 83,373
Employee benefits 29,345 27,792 29,294
Occupancy, net 15,786 16,223 16,251
Furniture and equipment 12,859 12,562 13,434
OREO expense, net of income 9,400 8,652 7,670
Outsourced technology services 8,826 8,933 9,477
FDIC insurance premiums 6,470 7,333 10,044
Professional fees 4,044 3,676 3,245
Mortgage servicing rights amortization 3,501 3,225 4,615
Mortgage servicing rights impairment (recovery) (771) 1,275 (787)
Core deposit intangibles amortization 1,420 1,446 1,748
Other expenses 48,922 43,735 42,640
Total non-interest expense 229,635 218,412 221,004
Income before income tax expense 88,262 66,161 54,446
Income tax expense 30,038 21,615 17,090
Net income 58,224 44,546 37,356
Preferred stock dividends 3,300 3,422 3,422
Net income available to common shareholders $ 54,924 $ 41,124 $ 33,934
Basic earnings per common share $ 1.28 $ 0.96 $ 0.85
Diluted earnings per common share $ 1.27 $ 0.96 $ 0.85