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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per 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        
Interest and fees on non-covered loans $ 93,706 $ 78,090 $ 250,685 $ 233,386
Interest and fees on covered loans 11,837 20,325 41,167 54,603
Interest and dividends on investment securities:        
Taxable 7,882 13,057 24,629 47,712
Exempt from federal income tax 2,200 2,302 6,725 6,870
Dividends 51 3 165 37
Interest on temporary investments and interest bearing deposits 284 331 937 736
Total interest income 115,960 114,108 324,308 343,344
INTEREST EXPENSE        
Interest on deposits 4,845 7,623 16,587 24,637
Interest on securities sold under agreement to repurchase and federal funds purchased 35 73 99 232
Interest on term debt 2,338 2,335 6,916 6,944
Interest on junior subordinated debentures 1,933 2,037 5,815 6,124
Total interest expense 9,151 12,068 29,417 37,937
Net interest income 106,809 102,040 294,891 305,407
PROVISION FOR NON-COVERED LOAN AND LEASE LOSSES 3,008 7,078 12,989 16,883
(RECAPTURE OF) PROVISION FOR COVERED LOAN LOSSES (1,904) 2,927 (4,744) 4,302
Net interest income after provision for loan and lease losses 105,705 92,035 286,646 284,222
NON-INTEREST INCOME        
Service charges on deposit accounts 8,374 7,122 22,844 20,978
Brokerage commissions and fees 3,854 3,186 11,152 9,662
Mortgage banking revenue, net 15,071 24,346 62,928 53,069
Gain on investment securities, net 3 21 18 1,199
Loss on junior subordinated debentures carried at fair value (554) (554) (1,643) (1,649)
Change in FDIC indemnification asset (6,474) (4,759) (19,841) (10,644)
Other income 5,870 4,317 19,198 17,227
Total non-interest income 26,144 33,679 94,656 89,842
NON-INTEREST EXPENSE        
Salaries and employee benefits 53,699 49,543 157,271 146,615
Net occupancy and equipment 16,019 13,441 45,813 40,519
Communications 2,772 2,740 8,802 8,527
Marketing 1,596 1,104 3,753 3,855
Services 6,445 5,910 18,339 18,703
Supplies 742 627 2,120 1,936
FDIC assessments 1,709 1,699 5,032 5,553
Net (gain) loss on non-covered other real estate owned (27) 2,168 (303) 6,244
Net loss on covered other real estate owned (68) 461 154 3,084
Intangible amortization 1,186 1,189 3,595 3,612
Merger related expenses 4,856 85 7,197 338
Other expenses 6,675 8,007 17,524 22,620
Total non-interest expense 95,604 86,974 269,297 261,606
Income before income taxes 36,245 38,740 112,005 112,458
Provision for income taxes 12,768 13,587 38,914 38,525
Net income 23,477 25,153 73,091 73,933
Dividends and undistributed earnings allocated to participating securities 196 [1] 170 [1] 576 [1] 499 [1]
Net earnings available to common shareholders $ 23,281 $ 24,983 $ 72,515 $ 73,434
Earnings per common share:        
Basic (in usd per share) $ 0.21 $ 0.22 $ 0.65 $ 0.66
Diluted (in usd per share) $ 0.21 $ 0.22 $ 0.65 $ 0.65
Weighted average number of common shares outstanding:        
Basic (in shares) 111,912 111,899 111,934 111,928
Diluted (in shares) 112,195 112,151 112,154 112,159
[1] Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.