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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans $ 86,099 $ 83,110 $ 251,722 $ 248,488
MBS 8,079 10,361 22,709 38,632
Investments and cash equivalents 2,266 2,520 6,787 7,826
Total interest income 96,444 95,991 281,218 294,946
Interest expense:        
Deposits 6,041 8,981 18,386 30,004
Short-term borrowings 303 2,346 1,037 6,377
Long-term borrowings 7,552 9,356 21,939 29,994
Total interest expense 13,896 20,683 41,362 66,375
Net interest income 82,548 75,308 239,856 228,571
Provision for credit losses 0 2,000 0 10,000
Net interest income after provision for credit losses 82,548 73,308 239,856 218,571
Noninterest income:        
Fees and service charges 15,380 14,675 45,128 41,546
Mortgage banking operations 13,494 26,410 50,468 69,135
BOLI 1,640 1,660 4,621 7,175
Gains on sales of securities 0 3,129 0 12,592
Other-than-temporary impairment credit losses on securities 0 0 0 (6,819)
Charge on prepayment of debt 0 0 0 (2,664)
Gains on other loan sales 1,135 476 2,354 3,887
Other 241 348 8,888 (1,826)
Total noninterest income 31,890 46,698 111,459 123,026
Noninterest expense 85,334 89,408 248,941 265,664
Income before income taxes 29,104 30,598 102,374 75,933
Income tax (provision) benefit (8,056) 0 (30,887) 288,842
Net Income $ 21,048 $ 30,598 $ 71,487 $ 364,775
Earnings per share - basic $ 0.34 $ 0.49 $ 1.15 $ 5.87
Earnings per share - diluted $ 0.33 $ 0.49 $ 1.13 $ 5.81
Dividends declared per share $ 0.20 $ 0.15 $ 0.75 $ 0.15
Weighted average shares outstanding - basic 62,309,270 62,139,833 62,280,542 62,110,498
Weighted average shares outstanding - diluted 63,461,018 62,845,864 63,271,060 62,745,177