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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 58,224 $ 44,546 $ 37,356
Adjustments to reconcile net income from operations to net cash provided by operating activities:      
Provision for loan losses 40,750 58,151 66,900
Net loss (gain) on disposal of property and equipment (424) 28 672
Depreciation and amortization 17,112 17,368 20,136
Net premium amortization on investment securities 11,700 10,353 6,762
Net gain on investment securities transactions (348) (1,544) (170)
Net gain on sales of mortgage loans held for sale (29,606) (14,443) (15,321)
Net gain on sales of student loan portfolio 0 0 (374)
Net (gain) loss on sale of mortgage servicing rights (19) 0 1,525
Net gain on sale of OREO (1,041) (552) (708)
Write-down of OREO 6,724 7,464 6,724
Loss on early extinguishment of debt 428 0 306
Mortgage servicing rights impairment (recovery) (771) 1,275 (787)
Deferred income tax expense (benefit) 8,762 2,405 (17,257)
Net increase in cash surrender value of company-owned life insurance policies (1,849) (1,824) (1,682)
Stock-based compensation expense 2,485 2,111 1,764
Tax benefits from stock-based compensation 360 204 239
Excess tax benefits from stock-based compensation (273) (124) (225)
Originations of loans held for sale, net 12,122 4,466 1,121
Changes in operating assets and liabilities:      
Decrease in accrued interest receivable 3,105 1,654 3,495
Decrease in other assets 4,089 13,039 8,158
Decrease in accrued interest payable (1,621) (5,055) (4,407)
Increase (decrease) in accounts payable and accrued expenses 5,913 3,579 (4,969)
Net cash provided by operating activities 135,822 143,101 109,258
Purchases of investment securities:      
Held-to-maturity (68,305) (18,846) (33,118)
Available-for-sale (1,246,068) (1,166,364) (1,317,938)
Proceeds from maturities, paydowns and calls of investment securities:      
Held-to-maturity 12,192 12,682 15,134
Available-for-sale 1,252,266 943,490 833,910
Proceeds from sales of mortgage servicing rights 907 596 2,480
Extensions of credit to customers, net of repayments (128,919) 90,548 71,762
Proceeds from sale of student loan portfolio 0 0 25,032
Recoveries of loans charged-off 8,116 5,231 2,889
Proceeds from sales of OREO 42,814 15,896 20,336
Capital contribution to equity method investment (900) 0 0
Capital distribution from unconsolidated subsidiary 1,238 0 0
Capital expenditures, net of proceeds from sales (14,420) (9,172) (7,998)
Net cash used in investing activities (141,079) (125,939) (387,511)
Cash flows from financing activities:      
Net increase (decrease) in deposits 413,440 (98,742) 101,657
Net increase (decrease) in repurchase agreements (10,458) (103,911) 146,013
Net increase (decrease) in short-term borrowings 25 (4,984) (432)
Repayments of long-term debt (40) (302) (35,851)
Repayment of junior subordinated debentures held by subsidiary trusts (41,238) 0 0
Proceeds from issuance of common stock 1,911 385 167,400
Common stock issuance costs 0 0 (13,597)
Excess tax benefits from stock-based compensation 273 124 225
Purchase and retirement of common stock (263) (248) (3,699)
Dividends paid to common stockholders (26,208) (19,233) (17,905)
Dividends paid to preferred stockholders (3,300) (3,422) (3,422)
Net cash provided by (used in) financing activities 334,142 (230,333) 340,389
Net increase (decrease) in cash and cash equivalents 328,885 (213,171) 62,136
Cash and cash equivalents at beginning of year 472,447 685,618 623,482
Cash and cash equivalents at end of year 801,332 472,447 685,618
Supplemental disclosures of cash flow information:      
Cash paid during the year for income taxes 17,540 16,640 37,325
Cash paid during the year for interest expense $ 31,735 $ 47,086 $ 67,514