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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Mar. 31, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest income:          
Loans and leases $ 63,312 $ 64,752 $ 68,331 $ 128,064 $ 135,112
Investment securities 9,558 9,580 8,782 19,138 16,601
Deposits in financial institutions 20 68 83 88 140
Total interest income 72,890 74,400 77,196 147,290 151,853
Interest expense:          
Deposits 3,336 3,604 5,518 6,940 11,474
Borrowings 293 1,925 1,763 2,218 3,507
Subordinated debentures 848 1,191 1,226 2,039 2,445
Total interest expense 4,477 6,720 8,507 11,197 17,426
Net interest income 68,413 67,680 68,689 136,093 134,427
Provision for credit losses:          
Non-covered loans and leases   (10,000) 5,500 (10,000) 13,300
Covered loans (271) 3,926 5,890 3,655 8,800
Total provision for credit losses (271) (6,074) 11,390 (6,345) 22,100
Net interest income after provision for credit losses 68,684 73,754 57,299 142,438 112,327
Noninterest income:          
Service charges on deposit accounts 3,328 3,353 3,400 6,681 6,958
Other commissions and fees 2,095 1,883 1,980 3,978 3,700
Gain on sale of leases 403 990   1,393  
Other-than-temporary impairment loss on covered security (1,115)     (1,115)  
Increase in cash surrender value of life insurance 295 365 368 660 747
FDIC loss sharing (expense) income, net (102) (3,579) 5,316 (3,681) 4,146
Other income (33) 250 176 217 478
Total noninterest income 4,871 3,262 11,240 8,133 16,029
Noninterest expense:          
Compensation 23,699 24,187 21,717 47,886 43,646
Occupancy 7,088 7,288 7,142 14,376 14,125
Data processing 2,258 2,280 2,129 4,538 4,604
Other professional services 2,378 1,770 2,505 4,148 4,801
Business development 581 638 595 1,219 1,164
Communications 626 608 834 1,234 1,693
Insurance and assessments 1,323 1,293 1,603 2,616 3,940
Non-covered other real estate owned, net 130 1,821 2,300 1,951 3,003
Covered other real estate owned expense (income), net 2,130 822 1,205 2,952 (1,373)
Intangible asset amortization 1,737 1,735 2,308 3,472 4,615
Acquisition costs 871 25   896  
Debt termination   22,598   22,598  
Other expense 4,764 3,830 4,200 8,594 7,719
Total noninterest expense 47,585 68,895 46,538 116,480 87,937
Earnings before income taxes 25,970 8,121 22,001 34,091 40,419
Income tax expense (10,413) (2,857) (9,160) (13,270) (16,902)
Net earnings $ 15,557 $ 5,264 $ 12,841 $ 20,821 $ 23,517
Earnings per share:          
Basic (in dollars per share) $ 0.42 $ 0.14 $ 0.35 $ 0.57 $ 0.64
Diluted (in dollars per share) $ 0.42 $ 0.14 $ 0.35 $ 0.57 $ 0.64
Dividends declared per share (in dollars per share) $ 0.18 $ 0.18 $ 0.01 $ 0.36 $ 0.02