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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2013
SEGMENT REPORTING [Abstract]  
Results Of Operations And Selected Financial Information By Operating Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General

 

 

 

 

Community

 

Insurance

 

Corporate

 

 

 

 

Banking

 

Agencies

 

and Other

 

Total

 

(In thousands)

Three months ended September 30, 2013:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             93,404 

 

$                 41 

 

$            6,796 

 

$           100,241 

Provision for credit losses

 

95 

 

 -

 

405 

 

500 

Net interest revenue after provision for credit losses

 

93,309 

 

41 

 

6,391 

 

99,741 

Noninterest revenue

 

27,443 

 

24,878 

 

10,193 

 

62,514 

Noninterest expense

 

80,733 

 

21,515 

 

27,149 

 

129,397 

Income (loss) before income taxes

 

40,019 

 

3,404 

 

(10,565)

 

32,858 

Income tax expense (benefit)

 

10,180 

 

1,542 

 

(3,721)

 

8,001 

Net income (loss)

 

$             29,839 

 

$            1,862 

 

$          (6,844)

 

$             24,857 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$        9,773,134 

 

$        186,003 

 

$     2,957,016 

 

$      12,916,153 

Depreciation and amortization

 

5,658 

 

858 

 

$               728 

 

7,244 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2012:

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$             96,981 

 

$                 62 

 

$            6,336 

 

$           103,379 

Provision for credit losses

 

5,726 

 

 -

 

274 

 

6,000 

Net interest revenue after provision for credit losses

 

91,255 

 

62 

 

6,062 

 

97,379 

Noninterest revenue

 

28,826 

 

23,461 

 

18,133 

 

70,420 

Noninterest expense

 

84,672 

 

20,721 

 

28,395 

 

133,788 

Income (loss) before income taxes

 

35,409 

 

2,802 

 

(4,200)

 

34,011 

Income tax expense (benefit)

 

11,150 

 

1,147 

 

(2,111)

 

10,186 

Net income (loss)

 

$             24,259 

 

$            1,655 

 

$          (2,089)

 

$             23,825 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$      10,085,948 

 

$        176,027 

 

$     2,973,762 

 

$      13,235,737 

Depreciation and amortization

 

5,973 

 

953 

 

732 

 

7,658 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General

 

 

 

 

Community

 

Insurance

 

Corporate

 

 

 

 

Banking

 

Agencies

 

and Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Nine months ended September 30, 2013

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          278,373 

 

$                       131 

 

$            18,028 

 

$          296,532 

Provision for credit losses

 

6,334 

 

 -

 

1,166 

 

7,500 

Net interest revenue after provision for credit losses

 

272,039 

 

131 

 

16,862 

 

289,032 

Noninterest revenue

 

80,670 

 

77,202 

 

52,069 

 

209,941 

Noninterest expense

 

248,494 

 

64,913 

 

93,612 

 

407,019 

Income (loss) before income taxes

 

104,215 

 

12,420 

 

(24,681)

 

91,954 

Income tax expense (benefit)

 

33,830 

 

3,619 

 

(11,912)

 

25,537 

Net income (loss)

 

$            70,385 

 

$                    8,801 

 

$          (12,769)

 

$            66,417 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$       9,773,134 

 

$                186,003 

 

$       2,957,016 

 

$     12,916,153 

Depreciation and amortization

 

17,174 

 

2,637 

 

2,214 

 

22,025 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2012

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

Net interest revenue

 

$          294,720 

 

$                       211 

 

$            18,799 

 

$          313,730 

Provision for credit losses

 

20,242 

 

 -

 

1,758 

 

22,000 

Net interest revenue after provision for credit losses

 

274,478 

 

211 

 

17,041 

 

291,730 

Noninterest revenue

 

85,536 

 

69,516 

 

54,196 

 

209,248 

Noninterest expense

 

263,236 

 

58,882 

 

83,856 

 

405,974 

Income (loss) before income taxes

 

96,778 

 

10,845 

 

(12,619)

 

95,004 

Income tax expense (benefit)

 

30,054 

 

4,370 

 

(6,735)

 

27,689 

Net income (loss)

 

$            66,724 

 

$                    6,475 

 

$            (5,884)

 

$            67,315 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets at end of period

 

$     10,085,948 

 

$                176,027 

 

$       2,973,762 

 

$     13,235,737 

Depreciation and amortization

 

17,835 

 

2,669 

 

2,198 

 

22,702