XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans $ 84,436 $ 85,537 $ 165,623 $ 165,378
MBS 7,333 12,936 14,630 28,271
Investments and cash equivalents 2,248 2,517 4,521 5,306
Total interest income 94,017 100,990 184,774 198,955
Interest expense:        
Deposits 6,038 9,921 12,345 21,023
Short-term borrowings 288 1,825 734 4,031
Long-term borrowings 7,277 10,334 14,387 20,638
Total interest expense 13,603 22,080 27,466 45,692
Net interest income 80,414 78,910 157,308 153,263
Provision for credit losses 0 4,000 0 8,000
Net interest income after provision for credit losses 80,414 74,910 157,308 145,263
Noninterest income:        
Fees and service charges 15,618 14,131 29,748 26,871
Mortgage banking operations 23,180 24,181 36,974 42,725
BOLI 1,424 3,769 2,981 5,515
Gains on sales of securities 0 9,321 0 9,463
Other-than-temporary impairment credit losses on securities 0 (6,819) 0 (6,819)
Charge on prepayment of debt 0 (2,664) 0 (2,664)
Gains on other loan sales 1,194 2,811 1,219 3,411
Other 587 11 8,647 (2,174)
Total noninterest income 42,003 44,741 79,569 76,328
Noninterest expense 81,678 87,607 163,607 176,256
Income before income taxes 40,739 32,044 73,270 45,335
Income tax (provision) benefit (12,978) 288,842 (22,831) 288,842
Net Income $ 27,761 $ 320,886 $ 50,439 $ 334,177
Earnings per share - basic $ 0.45 $ 5.17 $ 0.81 $ 5.38
Earnings per share - diluted $ 0.44 $ 5.13 $ 0.80 $ 5.33
Dividends declared per share $ 0.55 $ 0.00 $ 0.55 $ 0.00
Weighted average shares outstanding - basic 62,289,437 62,112,936 62,265,941 62,095,670
Weighted average shares outstanding - diluted (in shares) 63,107,913 62,610,054 63,076,481 62,648,152