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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Loans, excluding covered loans $ 60,614 $ 63,672 $ 179,156 $ 187,156
Covered loans 3,142 3,223 10,742 11,898
Investment securities 7,742 8,058 22,755 25,406
Other short-term investments 831 631 2,474 1,910
Total interest income 72,329 75,584 215,127 226,370
Interest Expense        
Deposits 2,837 4,126 9,160 14,317
Borrowed funds 390 507 1,217 1,512
Senior and subordinated debt 3,436 3,691 10,306 11,395
Total interest expense 6,663 8,324 20,683 27,224
Net interest income 65,666 67,260 194,444 199,146
Provision for loan and covered loan losses 4,770 111,791 16,257 152,459
Net interest income (expense) after provision for loan and covered loan losses 60,896 (44,531) 178,187 46,687
Noninterest Income        
Service charges on deposit accounts 9,472 9,502 27,267 27,010
Card-based fees 5,509 5,246 16,132 15,578
Wealth management fees 6,018 5,415 17,983 16,201
Mortgage banking income 1,273 196 4,251 360
Merchant servicing fees 2,915 2,849 8,368 8,079
Other service charges, commissions, and fees 2,617 1,142 5,569 3,365
Net securities gains (losses) 33,801 (217) 34,017 (1,009)
BOLI (loss) income (13,028) 300 (12,428) 952
Gain on termination of FHLB forward commitments 7,829 0 7,829 0
Other income 1,682 4,701 4,116 7,324
Total noninterest income 58,088 29,134 113,104 77,860
Noninterest Expense        
Salaries and wages 28,257 26,881 84,040 77,990
Retirement and other employee benefits 6,013 6,230 19,720 18,737
Net occupancy and equipment expense 7,982 8,108 23,922 23,952
Technology and related costs 2,984 2,906 8,351 8,615
Professional services 5,517 6,665 16,330 19,199
Net OREO expense 2,849 3,208 5,732 9,196
FDIC premiums 1,734 1,785 5,180 5,163
Other expenses 9,366 14,340 28,668 31,041
Total noninterest expense 64,702 70,123 191,943 193,893
Income (loss) before income tax expense (benefit) 54,282 (85,520) 99,348 (69,346)
Income tax expense (benefit) 24,959 (36,993) 39,207 (35,076)
Net income (loss) 29,323 (48,527) 60,141 (34,270)
Net (income) loss applicable to non-vested restricted shares (416) 715 (847) 500
Net income (loss) applicable to common shares $ 28,907 $ (47,812) $ 59,294 $ (33,770)
Per Common Share Data        
Basic earnings (loss) per common share (in Dollars per share) $ 0.39 $ (0.65) $ 0.80 $ (0.46)
Diluted earnings (loss) per common share (in Dollars per share) $ 0.39 $ (0.65) $ 0.80 $ (0.46)
Dividends declared per common share (in Dollars per share) $ 0.04 $ 0.01 $ 0.09 $ 0.03
Weighted-average common shares outstanding (in Shares) 74,023 73,742 73,969 73,636
Weighted-average diluted common shares outstanding (in Shares) 74,034 73,742 73,978 73,636