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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Interest and fees on loans $ 53,718 $ 55,493
Interest and dividends on investment securities:    
Taxable 7,640 8,046
Exempt from federal taxes 1,097 1,226
Interest on deposits in banks 231 298
Interest on federal funds sold 1 4
Total interest income 62,687 65,067
Interest expense:    
Interest on deposits 3,424 4,355
Interest on securities sold under repurchase agreements 66 100
Interest on long-term debt 473 480
Interest on preferred stock pending redemption 0 159
Interest on subordinated debentures held by subsidiary trusts 588 696
Total interest expense 4,551 5,790
Net interest income 58,136 59,277
Provision for loan losses (5,000) 500
Net interest income after provision for loan losses 63,136 58,777
Non-interest income:    
Other service charges, commissions and fees 9,156 8,256
Income from the origination and sale of loans 4,660 10,675
Investment Advisory, Management and Administrative Fees 4,455 4,134
Service charges on deposit accounts 3,875 4,068
Investment securities gains, net 71 8
Other income 1,889 1,678
Total non-interest income 24,106 28,819
Non-interest expense:    
Salaries and wages 22,411 23,405
Employee benefits 8,313 8,175
Occupancy, net 4,239 4,026
Furniture and equipment 3,201 3,052
Outsourced technology services 2,300 2,157
OREO expense, net of income (19) 1,896
FDIC insurance premiums 1,116 1,377
Professional fees 1,370 1,127
Mortgage servicing rights amortization 600 839
Mortgage servicing rights impairment recovery (45) (48)
Core deposit intangibles amortization 354 354
Other expenses 10,498 10,325
Total non-interest expense 54,338 56,685
Income before income tax expense 32,904 30,911
Income tax expense 11,511 10,867
Net income $ 21,393 $ 20,044
Basic earnings per common share $ 0.49 $ 0.46
Diluted earnings per common share $ 0.48 $ 0.46