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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest Income        
Loans, including fees $ 85,189 $ 81,092 $ 169,899 $ 160,378
Securities:        
Taxable 10,975 11,323 21,489 22,576
Nontaxable 1,882 1,819 3,829 3,710
Dividends 12 18 131 37
Other 97 109 178 206
Total Interest Income 98,155 94,361 195,526 186,907
Interest Expense        
Deposits 14,054 16,776 28,649 34,330
Short-term borrowings 1,634 2,031 3,467 4,162
Long-term debt 1,655 2,091 3,283 4,637
Junior subordinated debt 2,118 1,982 4,150 3,892
Total Interest Expense 19,461 22,880 39,549 47,021
Net Interest Income 78,694 71,481 155,977 139,886
Provision for loan losses 8,551 12,239 16,779 24,203
Net Interest Income After Provision for Loan Losses 70,143 59,242 139,198 115,683
Non-Interest Income        
Impairment losses on securities   (1,313)   (9,539)
Non-credit related losses on securities not expected to be sold (recognized in other comprehensive income)   711   7,251
Net impairment losses on securities   (602)   (2,288)
Service charges 15,666 14,662 30,001 28,384
Insurance commissions and fees 3,664 3,849 7,810 8,173
Securities commissions and fees 2,130 1,771 4,102 3,328
Trust fees 3,947 3,188 7,657 6,346
Gain on sale of securities 38 47 92 2,437
Gain on sale of residential mortgage loans 376 808 1,143 1,375
Bank owned life insurance 1,372 1,247 2,604 2,312
Other 2,065 3,473 4,281 8,651
Total Non-Interest Income 29,258 28,443 57,690 58,718
Non-Interest Expense        
Salaries and employee benefits 36,528 33,392 74,910 66,517
Net occupancy 5,060 4,840 10,970 10,378
Equipment 4,925 4,606 9,400 9,139
Amortization of intangibles 1,805 1,679 3,601 3,366
Outside services 5,377 5,885 10,577 11,407
FDIC insurance 1,870 2,641 4,589 5,263
Merger related 161   4,307  
Other 12,643 10,041 24,572 22,457
Total Non-Interest Expense 68,369 63,084 142,926 128,527
Income Before Income Taxes 31,032 24,601 53,962 45,874
Income taxes 8,670 6,679 14,425 11,972
Net Income $ 22,362 $ 17,922 $ 39,537 $ 33,902
Net Income per Common Share        
Net Income per Share - Basic $ 0.18 $ 0.16 $ 0.32 $ 0.30
Net Income per Share - Diluted $ 0.18 $ 0.16 $ 0.32 $ 0.30
Cash Dividends per Share $ 0.12 $ 0.12 $ 0.24 $ 0.24