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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per 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        
Interest and fees on non-covered loans $ 78,434 $ 77,637 $ 156,979 $ 155,296
Interest and fees on covered loans 14,750 16,935 29,330 34,278
Interest and dividends on investment securities:        
Taxable 8,103 16,535 16,747 34,655
Exempt from federal income tax 2,237 2,291 4,525 4,568
Dividends 90 28 114 34
Interest on temporary investments and interest bearing deposits 401 168 653 405
Total interest income 104,015 113,594 208,348 229,236
INTEREST EXPENSE        
Interest on deposits 5,864 8,169 11,742 17,014
Interest on securities sold under agreement to repurchase and federal funds purchased 33 79 64 159
Interest on term debt 2,305 2,305 4,578 4,609
Interest on junior subordinated debentures 1,920 2,029 3,882 4,087
Total interest expense 10,122 12,582 20,266 25,869
Net interest income 93,893 101,012 188,082 203,367
PROVISION FOR NON-COVERED LOAN AND LEASE LOSSES 2,993 6,638 9,981 9,805
(RECAPTURE OF) PROVISION FOR COVERED LOAN AND LEASE LOSSES (3,072) 1,406 (2,840) 1,375
Net interest income after provision for loan and lease losses 93,972 92,968 180,941 192,187
NON-INTEREST INCOME        
Service charges on deposit accounts 7,478 7,190 14,470 13,856
Brokerage commissions and fees 3,662 3,532 7,298 6,476
Mortgage banking revenue, net 24,289 15,641 47,857 28,723
Gain on investment securities, net 8 1,030 15 1,178
Loss on junior subordinated debentures carried at fair value (547) (547) (1,089) (1,095)
Change in FDIC indemnification asset (8,294) (4,040) (13,367) (5,885)
Other income 7,901 6,120 13,328 12,910
Total non-interest income 34,497 28,926 68,512 56,163
NON-INTEREST EXPENSE        
Salaries and employee benefits 52,067 49,979 103,572 97,072
Net occupancy and equipment 15,059 13,580 29,794 27,078
Communications 2,827 2,845 6,030 5,787
Marketing 1,296 1,761 2,157 2,751
Services 6,001 6,631 11,894 12,793
Supplies 660 644 1,378 1,309
FDIC assessments 1,672 1,886 3,323 3,854
Net (gain) loss on non-covered other real estate owned (146) 889 (276) 4,076
Net loss on covered other real estate owned (62) 169 222 2,623
Intangible amortization 1,205 1,211 2,409 2,423
Merger related expenses 810 153 2,341 253
Other expenses 6,542 7,188 10,849 14,613
Total non-interest expense 87,931 86,936 173,693 174,632
Income before income taxes 40,538 34,958 75,760 73,718
Provision for income taxes 14,285 11,681 26,146 24,938
Net income 26,253 23,277 49,614 48,780
Dividends and undistributed earnings allocated to participating securities 197 [1] 162 [1] 380 [1] 329 [1]
Net earnings available to common shareholders $ 26,056 $ 23,115 $ 49,234 $ 48,451
Earnings per common share:        
Basic (in usd per share) $ 0.23 $ 0.21 $ 0.44 $ 0.43
Diluted (in usd per share) $ 0.23 $ 0.21 $ 0.44 $ 0.43
Weighted average number of common shares outstanding:        
Basic (in shares) 111,954 111,897 111,946 111,943
Diluted (in shares) 112,145 112,078 112,133 112,120
[1] Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.