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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Jun. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income:          
Loans and leases $ 66,711 $ 63,312 $ 63,347 $ 194,775 $ 198,459
Investment securities 8,346 9,558 9,077 27,484 25,678
Deposits in financial institutions 66 20 94 154 234
Total interest income 75,123 72,890 72,518 222,413 224,371
Interest expense:          
Deposits 3,292 3,336 5,072 10,232 16,546
Borrowings 210 293 1,782 2,428 5,289
Subordinated debentures 850 848 1,223 2,889 3,668
Total interest expense 4,352 4,477 8,077 15,549 25,503
Net interest income 70,771 68,413 64,441 206,864 198,868
Provision for credit losses:          
Non-covered loans and leases (2,000)     (12,000) 13,300
Covered loans (141) (271) 348 3,514 9,148
Total provision for credit losses (2,141) (271) 348 (8,486) 22,448
Net interest income after provision for credit losses 72,912 68,684 64,093 215,350 176,420
Noninterest income:          
Service charges on deposit accounts 3,108 3,328 3,545 9,789 10,503
Other commissions and fees 2,123 2,095 2,052 6,101 5,752
Gain on sale of leases 132 403   1,525  
Other-than-temporary impairment loss on covered security   (1,115)   (1,115)  
Increase in cash surrender value of life insurance 304 295 359 964 1,106
FDIC loss sharing (expense) income, net (367) (102) 963 (4,048) 5,109
Other income (expense) 382 (33) 224 599 702
Total noninterest income 5,682 4,871 7,143 13,815 23,172
Noninterest expense:          
Compensation 23,812 23,699 21,557 71,698 65,203
Occupancy 6,964 7,088 7,423 21,340 21,548
Data processing 2,310 2,258 2,228 6,848 6,832
Other professional services 2,019 2,378 2,239 6,167 7,040
Business development 635 581 548 1,854 1,712
Communications 652 626 678 1,886 2,371
Insurance and assessments 1,398 1,323 1,641 4,014 5,581
Non-covered other real estate owned, net 1,883 130 2,293 3,834 5,296
Covered other real estate owned, net 4,290 2,130 4,813 7,242 3,440
Intangible asset amortization 1,678 1,737 1,977 5,150 6,592
Acquisition and integration 2,101 871   2,997  
Debt termination       22,598  
Other expense 3,915 4,764 3,190 12,509 10,909
Total noninterest expense 51,657 47,585 48,587 168,137 136,524
Earnings before income taxes 26,937 25,970 22,649 61,028 63,068
Income tax expense (10,849) (10,413) (9,345) (24,119) (26,247)
Net earnings $ 16,088 $ 15,557 $ 13,304 $ 36,909 $ 36,821
Earnings per share:          
Basic (in dollars per share) $ 0.43 $ 0.42 $ 0.36 $ 1.00 $ 0.99
Diluted (in dollars per share) $ 0.43 $ 0.42 $ 0.36 $ 1.00 $ 0.99
Dividends declared per share (in dollars per share) $ 0.18 $ 0.18 $ 0.01 $ 0.54 $ 0.03