BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2013

BUSINESS SEGMENTS

Schedule of information regarding business segments

	June 30, 2013
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Loans and leases, net of unearned income	$	3,947,322		$	472,364		$	—		$	4,419,686
Allowance for loan and lease losses		(84,917	)		(5,726	)		—			(90,643	)
Total loans and leases, net	$	3,862,405		$	466,638		$	—		$	4,329,043
Goodwill	$	183,512		$	25,678		$	—		$	209,190
Core deposit and customer relationship intangibles, net		17,958			2,232			—			20,190
Total assets		6,189,202			510,630			9,270			6,709,102
Total deposits(1)		5,557,871			—			(34,871	)		5,523,000

(1)

The negative balance in the "Other" segment represents the elimination of holding company cash held in deposit accounts at the Bank.

	June 30, 2012
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Loans and leases, net of unearned income	$	3,102,215		$	382,488		$	—		$	3,484,703
Allowance for loan and lease losses		(100,759	)		(2,765	)		—			(103,524	)
Total loans and leases, net	$	3,001,456		$	379,723		$	—		$	3,381,179
Goodwill	$	39,141		$	22,867		$	—		$	62,008
Core deposit and customer relationship intangibles, net		14,104			2,839			—			16,943
Total assets		4,876,271			428,899			16,452			5,321,622
Total deposits(1)		4,604,387			—			(13,058	)		4,591,329

(1)

The negative balance in the "Other" segment represents the elimination of holding company cash held in deposit accounts at the Bank.

	Three Months Ended June 30, 2013
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Interest income	$	59,321		$	12,310		$	—		$	71,631
Intersegment interest income (expense)		460			(460	)		—			—
Other interest expense		(2,080	)		(196	)		(882	)		(3,158	)
Net interest income		57,701			11,654			(882	)		68,473
Total (provision) negative provision for credit losses		2,607			(765	)		—			1,842
Noninterest income		(415	)		592			26			203
Intangible asset amortization		(1,127	)		(157	)		—			(1,284	)
Other noninterest expense		(55,554	)		(5,980	)		(1,398	)		(62,932	)
Total noninterest expense		(56,681	)		(6,137	)		(1,398	)		(64,216	)
Earnings (loss) from continuing operations before income taxes		3,212			5,344			(2,254	)		6,302
Income tax (expense) benefit		(612	)		(2,237	)		943			(1,906	)
Net earnings (loss) from continuing operations		2,600			3,107			(1,311	)		4,396
Loss from discontinued operations before income taxes		(81	)		—			—			(81	)
Income tax benefit		34			—			—			34
Net loss from discontinued operations		(47	)		—			—			(47	)
Net earnings (loss)	$	2,553		$	3,107		$	(1,311	)	$	4,349

	Three Months Ended March 31, 2013
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Interest income	$	56,907		$	12,362		$	—		$	69,269
Intersegment interest income (expense)		471			(471	)		—			—
Other interest expense		(2,650	)		(143	)		(783	)		(3,576	)
Net interest income		54,728			11,748			(783	)		65,693
Total (provision) negative provision for credit losses		(2,336	)		(801	)		—			(3,137	)
Noninterest income		2,273			544			23			2,840
Intangible asset amortization		(993	)		(183	)		—			(1,176	)
Other noninterest expense		(35,538	)		(6,053	)		(1,416	)		(43,007	)
Total noninterest expense		(36,531	)		(6,236	)		(1,416	)		(44,183	)
Earnings (loss) before income taxes		18,134			5,255			(2,176	)		21,213
Income tax (expense) benefit		(6,430	)		(2,199	)		910			(7,719	)
Net earnings (loss)	$	11,704		$	3,056		$	(1,266	)	$	13,494

	Three Months Ended June 30, 2012
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Interest income	$	62,045		$	10,845		$	—		$	72,890
Intersegment interest income (expense)		630			(630	)		—			—
Other interest expense		(3,404	)		(225	)		(848	)		(4,477	)
Net interest income		59,271			9,990			(848	)		68,413
Total (provision) negative provision for credit losses		371			(100	)		—			271
Noninterest income		4,133			713			25			4,871
Intangible asset amortization		(1,603	)		(134	)		—			(1,737	)
Other noninterest expense		(38,088	)		(6,444	)		(1,316	)		(45,848	)
Total noninterest expense		(39,691	)		(6,578	)		(1,316	)		(47,585	)
Earnings (loss) before income taxes		24,084			4,025			(2,139	)		25,970
Income tax (expense) benefit		(9,563	)		(1,750	)		900			(10,413	)
Net earnings (loss)	$	14,521		$	2,275		$	(1,239	)	$	15,557

	Six Months Ended June 30, 2013
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Interest income	$	116,228		$	24,672		$	—		$	140,900
Intersegment interest income (expense)		931			(931	)		—			—
Other interest expense		(4,730	)		(339	)		(1,665	)		(6,734	)
Net interest income		112,429			23,402			(1,665	)		134,166
Total (provision) negative provision for credit losses		271			(1,566	)		—			(1,295	)
Noninterest income		1,858			1,136			49			3,043
Intangible asset amortization		(2,120	)		(340	)		—			(2,460	)
Other noninterest expense		(91,092	)		(12,033	)		(2,814	)		(105,939	)
Total noninterest expense		(93,212	)		(12,373	)		(2,814	)		(108,399	)
Earnings (loss) from continuing operations before income taxes		21,346			10,599			(4,430	)		27,515
Income tax (expense) benefit		(7,042	)		(4,436	)		1,853			(9,625	)
Net earnings (loss) from continuing operations		14,304			6,163			(2,577	)		17,890
Loss from discontinued operations before income taxes		(81	)		—			—			(81	)
Income tax benefit		34			—			—			34
Net loss from discontinued operations		(47	)		—			—			(47	)
Net earnings (loss)	$	14,257		$	6,163		$	(2,577	)	$	17,843

	Six Months Ended June 30, 2012
	Banking			Asset Financing			Other			Consolidated Company
	(In thousands)
Interest income	$	127,528		$	19,762		$	—		$	147,290
Intersegment interest income (expense)		1,153			(1,153	)		—			—
Other interest expense		(8,715	)		(443	)		(2,039	)		(11,197	)
Net interest income		119,966			18,166			(2,039	)		136,093
Total (provision) negative provision for credit losses		6,445			(100	)		—			6,345
Noninterest income		6,191			1,879			63			8,133
Intangible asset amortization		(3,311	)		(161	)		—			(3,472	)
Debt termination expense		(24,195	)		—			1,597			(22,598	)
Other noninterest expense		(76,440	)		(11,256	)		(2,714	)		(90,410	)
Total noninterest expense		(103,946	)		(11,417	)		(1,117	)		(116,480	)
Earnings (loss) before income taxes		28,656			8,528			(3,093	)		34,091
Income tax (expense) benefit		(10,921	)		(3,650	)		1,301			(13,270	)
Net earnings (loss)	$	17,735		$	4,878		$	(1,792	)	$	20,821