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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income        
Loans $ 61,993 $ 63,089 $ 123,484 $ 126,006
Investment securities 8,414 9,848 17,348 19,713
Covered loans 4,473 7,655 8,675 15,477
Federal funds sold and other short-term investments 638 704 1,279 1,383
Total interest income 75,518 81,296 150,786 162,579
Interest Expense        
Deposits 4,678 6,969 10,191 14,640
Borrowed funds 490 687 1,005 1,367
Senior and subordinated debt 3,646 2,279 7,704 4,565
Total interest expense 8,814 9,935 18,900 20,572
Net interest income 66,704 71,361 131,886 142,007
Provision for loan losses 22,458 18,763 40,668 38,255
Net interest income after provision for loan losses 44,246 52,598 91,218 103,752
Noninterest Income        
Service charges on deposit accounts 8,848 9,563 17,508 17,707
Wealth management fees 5,394 5,237 10,786 10,290
Other service charges, commissions, and fees 4,097 4,243 7,617 8,220
Card-based fees 5,312 5,162 10,332 9,691
Total fee-based revenues 23,651 24,205 46,243 45,908
Net securities gains (losses) (reclassified from other comprehensive (loss) income) 151 1,531 (792) 2,071
Net trading (losses) gains (575) [1] (2) [1] 826 742
Other 810 760 2,449 1,990
Total noninterest income 24,037 26,494 48,726 50,711
Noninterest Expense        
Salaries and wages 23,852 25,493 51,109 51,158
Retirement and other employee benefits 5,714 6,061 12,507 13,214
Net occupancy and equipment expense 7,513 8,012 15,844 17,115
Technology and related costs 2,851 2,697 5,709 5,320
Professional services 6,905 5,640 12,534 10,759
Net OREO expense 4,124 5,223 5,988 9,154
FDIC premiums 1,659 1,708 3,378 4,433
Other expenses 8,539 10,885 16,701 19,984
Total noninterest expense 61,157 65,719 123,770 131,137
Income before income tax expense 7,126 13,373 16,174 23,326
Income tax expense 761 2,720 1,917 2,629
Net income 6,365 10,653 14,257 20,697
Preferred dividends and accretion on preferred stock   (2,582)   (5,163)
Net income applicable to non-vested restricted shares (76) (100) (215) (237)
Net income applicable to common shares $ 6,289 $ 7,971 $ 14,042 $ 15,297
Per Common Share Data        
Basic earnings per common share (in Dollars per share) $ 0.09 $ 0.11 $ 0.19 $ 0.21
Diluted earnings per common share (in Dollars per share) $ 0.09 $ 0.11 $ 0.19 $ 0.21
Dividends declared per common share (in Dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.02
Weighted-average common shares outstanding (in Shares) 73,659 73,259 73,582 73,205
Weighted-average diluted common shares outstanding (in Shares) 73,659 73,259 73,582 73,205
[1] All trading (losses) gains, net relate to trading securities still held as of June 30, 2012 and June 30, 2011.