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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST INCOME      
Loans, including fees $ 596,390 $ 629,410 $ 649,089
Investment securities:      
Taxable 80,184 96,237 112,945
Tax-exempt 12,039 13,333 16,368
Dividends 2,769 2,800 2,479
Loans held for sale 1,958 3,088 5,390
Other interest income 358 505 196
Total Interest Income 693,698 745,373 786,467
INTEREST EXPENSE      
Deposits 83,083 122,359 180,826
Short-term borrowings 746 1,455 3,777
Long-term debt 49,709 62,813 80,910
Total Interest Expense 133,538 186,627 265,513
Net Interest Income 560,160 558,746 520,954
Provision for credit losses 135,000 160,000 190,020
Net Interest Income After Provision for Credit Losses 425,160 398,746 330,934
OTHER INCOME      
Service charges on deposit accounts 58,078 58,592 60,450
Other service charges and fees 47,482 45,023 40,425
Investment management and trust services 36,483 34,173 32,076
Mortgage banking income 25,674 29,304 25,061
Other 15,449 14,527 14,844
Investment securities gains (losses), net:      
Other-than-temporary impairment losses (1,997) (14,519) (17,768)
Less: Portion of (gain) loss recognized in other comprehensive income (before taxes) (913) 568 4,367
Net other-than-temporary impairment losses (2,910) (13,951) (13,401)
Net gains on sale of investment securities 7,471 14,652 14,480
Investment securities gains, net 4,561 701 1,079
Total Other Income 187,727 182,320 173,935
OTHER EXPENSES      
Salaries and employee benefits 227,435 216,487 218,812
Net occupancy expense 44,003 43,533 42,040
FDIC insurance expense 14,480 19,715 26,579
Data processing 13,541 13,263 14,432
Equipment expense 12,870 11,692 12,820
Professional fees 12,159 11,523 9,099
Marketing 9,667 11,163 8,915
Other real estate owned and repossession expense 8,366 7,441 6,941
Telecommunications 8,119 8,543 8,608
Intangible amortization 4,257 5,240 5,747
Other 61,579 59,725 61,544
Total Other Expenses 416,476 408,325 415,537
Income Before Income Taxes 196,411 172,741 89,332
Income taxes 50,838 44,409 15,408
Net Income 145,573 128,332 73,924
Preferred stock dividends and discount accretion 0 (16,303) (20,169)
Net Income Available to Common Shareholders $ 145,573 $ 112,029 $ 53,755
PER COMMON SHARE:      
Net income (basic) $ 0.73 $ 0.59 $ 0.31
Net income (diluted) $ 0.73 $ 0.59 $ 0.31
Cash dividends $ 0.20 $ 0.12 $ 0.12