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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Interest and fees on loans $ 220,687 $ 230,882 $ 245,767
Interest and dividends on investment securities:      
Taxable 31,237 36,847 41,304
Exempt from federal taxes 4,728 4,923 4,749
Interest on deposits in banks 992 1,235 1,050
Interest on federal funds sold 18 13 13
Total interest income 257,662 273,900 292,883
Interest expense:      
Interest on deposits 15,800 22,306 33,533
Interest on securities sold under repurchase agreements 294 579 695
Interest on long-term debt 1,936 1,981 1,975
Interest in preferred stock pending redemption 159 131 0
Interest on subordinated debentures held by subsidiary trusts 2,506 5,117 5,828
Total interest expense 20,695 30,114 42,031
Net interest income 236,967 243,786 250,852
Provision for loan losses (6,125) 40,750 58,151
Net interest income after provision for loan losses 243,092 203,036 192,701
Non-interest income:      
Other service charges, commissions and fees 35,977 34,226 31,689
Income from the origination and sale of loans 34,254 41,790 21,153
Wealth management revenues 17,085 14,314 13,575
Service charges on deposit accounts 16,837 17,412 17,647
Investment securities gains, net 1 348 1,544
Other income 7,525 6,771 6,264
Total non-interest income 111,679 114,861 91,872
Non-interest expense:      
Salaries and wages 94,002 89,833 83,560
Employee benefits 30,338 29,345 27,792
Occupancy, net 16,587 15,786 16,223
Furniture and equipment 12,554 12,859 12,562
Outsourced technology services 9,029 8,826 8,933
FDIC insurance premiums 5,057 6,470 7,333
Professional fees 4,773 4,044 3,676
OREO expense, net of income 2,291 9,400 8,652
Mortgage servicing rights amortization 2,787 3,501 3,225
Mortgage servicing rights impairment (recovery) (99) (771) 1,275
Core deposit intangibles amortization 1,418 1,420 1,446
Other expenses 43,332 48,922 43,735
Total non-interest expense 222,069 229,635 218,412
Income before income tax expense 132,702 88,262 66,161
Income tax expense 46,566 30,038 21,615
Net income 86,136 58,224 44,546
Preferred stock dividends 0 3,300 3,422
Net income available to common shareholders $ 86,136 $ 54,924 $ 41,124
Basic earnings per common share $ 1.98 $ 1.28 $ 0.96
Diluted earnings per common share $ 1.96 $ 1.27 $ 0.96