XML 118 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
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 including fees:      
Taxable $ 228,480 $ 175,607 $ 198,940
Nontaxable 9,419 9,631 19,053
Investment securities, available-for-sale:      
Taxable 51,682 71,057 90,087
Nontaxable 13,571 16,294 22,532
Investment securities, held-to-maturity, taxable 23,079 23,828 9,932
Money market and other interest-earning investments 362 431 133
Total interest income 326,593 296,848 340,677
Interest Expense      
Deposits 35,911 48,608 67,628
Short-term borrowings 550 662 1,410
Other borrowings 17,259 29,162 40,240
Total interest expense 53,720 78,432 109,278
Net interest income 272,873 218,416 231,399
Provision for loan losses 7,473 30,781 63,280
Net interest income after provision for loan losses 265,400 187,635 168,119
Noninterest Income      
Wealth management fees 20,460 16,120 15,963
Service charges on deposit accounts 51,862 50,018 55,196
ATM fees 25,199 22,967 20,472
Mortgage banking revenue 3,250 2,230 6,238
Insurance premiums and commissions 36,957 36,463 37,851
Investment product fees 11,068 9,192 8,515
Company-owned life insurance 5,322 4,052 2,355
Net securities gains 8,691 17,124 27,251
Total other-than-temporary impairment losses (3,252) (5,060) (68,090)
Loss recognized in other comprehensive income 1,843 1,133 43,295
Impairment losses recognized in earnings (1,409) (3,927) (24,795)
Gain on derivatives 974 1,492 719
Gain on sale leaseback transactions 7,864 6,452 6,301
Change in FDIC indemnification asset 426 0 0
Other income 12,219 7,967 7,394
Total noninterest income 182,883 170,150 163,460
Noninterest Expense      
Salaries and employee benefits 189,539 170,601 181,368
Occupancy 51,054 46,410 47,064
Equipment 11,720 10,641 10,440
Marketing 5,990 5,720 9,578
Data processing 22,971 21,409 20,700
Communication 10,406 9,803 10,922
Professional fees 14,959 8,253 9,491
Loan expense 4,734 3,936 4,335
Supplies 3,762 2,935 4,294
Loss on extinguishment of debt 789 6,107 3,941
FDIC assessment 7,523 8,370 12,447
Amortization of intangibles 8,829 6,130 5,988
Other expense 16,245 13,990 18,388
Total noninterest expense 348,521 314,305 338,956
Income (loss) before income taxes 99,762 43,480 (7,377)
Income tax expense (benefit) 27,302 5,266 (21,114)
Net income 72,460 38,214 13,737
Preferred stock dividends and discount accretion 0 0 (3,892)
Net income available to common stockholders $ 72,460 $ 38,214 $ 9,845
Net income per common share:      
Basic earnings per share $ 0.76 $ 0.44 $ 0.14
Diluted earnings per share $ 0.76 $ 0.44 $ 0.14
Weighted average number of common shares outstanding      
Basic 94,467 86,785 71,314
Diluted 94,772 86,928 71,367
Dividends per common share $ 0.28 $ 0.28 $ 0.44