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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
Loans $ 252,865 $ 259,318 $ 261,221
Investment securities - taxable 14,115 22,116 42,392
Investment securities - tax-exempt 22,544 27,685 35,094
Covered loans 28,904 17,285 1,419
Federal funds sold and other short-term investments 3,083 2,463 1,625
Total interest income 321,511 328,867 341,751
Deposits 27,256 37,127 64,177
Borrowed funds 2,743 3,267 12,569
Senior and subordinated debt 9,892 9,124 13,473
Total interest expense 39,891 49,518 90,219
Net interest income 281,620 279,349 251,532
Provision for loan losses 80,582 147,349 215,672
Net interest income after provision for loan losses 201,038 132,000 35,860
Service charges on deposit accounts 37,879 35,884 38,754
Wealth management fees 16,224 15,063 14,059
Other service charges, commissions, and fees 20,486 18,238 16,529
Card-based fees 19,593 17,577 15,826
Total fee-based revenues 94,182 86,762 85,168
Securities gains, net (reclassified from other comprehensive income (loss)) 2,410 12,216 2,110
Gains on FDIC-assisted transactions   4,303 13,071
Gains on early extinguishment of debt     15,258
Other 5,345 5,270 7,395
Total noninterest income 101,937 108,551 123,002
Salaries and wages 101,703 94,361 82,640
Retirement and other employee benefits 27,071 20,017 23,908
OREO expense, net 16,293 50,034 23,459
Net occupancy and equipment expense 32,953 32,218 31,724
Technology and related costs 10,905 11,070 8,987
Professional services 26,356 22,903 15,796
FDIC premiums 7,990 10,880 13,673
Advertising and promotions 6,198 6,642 7,313
Merchant card expense 8,643 7,882 6,453
Other expenses 23,792 22,772 20,835
Total noninterest expense 261,904 278,779 234,788
Income (loss) before income tax expense (benefit) 41,071 (38,228) (75,926)
Income tax expense (benefit) 4,508 (28,544) (50,176)
Net income (loss) 36,563 (9,684) (25,750)
Preferred dividends and accretion on preferred stock (10,776) (10,299) (10,265)
Net (income) loss applicable to non-vested restricted shares (350) 266 464
Net income (loss) applicable to common shares $ 25,437 $ (19,717) $ (35,551)
Per Common Share Data      
Basic earnings (loss) per common share (in Dollars per share) $ 0.35 $ (0.27) $ (0.71)
Diluted earnings (loss) per common share (in Dollars per share) $ 0.35 $ (0.27) $ (0.71)
Weighted-average common shares outstanding (in Shares) 73,289 72,422 50,034
Weighted-average diluted common shares outstanding (in Shares) 73,289 72,422 50,034