Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2011

Parent Company Financial Statements [Abstract]

Balance Sheet

		December 31,
(dollars in thousands)		2011		2010
Assets
Deposits in affiliate bank	$	35,576	$	26,653
Trading securities - at fair value		2,816		0
Investment securities - available for sale		1,204		976
Investment in affiliates:
Banking subsidiaries		915,041		703,949
Non-banks		43,314		45,330
Advances to affiliates		0		45,177
Other assets		86,861		83,026
Total assets	$	1,084,812	$	905,111
Liabilities and Shareholders' Equity
Other liabilities	$	25,258	$	18,342
Other borrowings		25,998		7,964
Shareholders' equity		1,033,556		878,805
Total liabilities and shareholders' equity	$	1,084,812	$	905,111

Statements Of Income

		Years Ended December 31,
(dollars in thousands)		2011			2010			2009
Income
Dividends from affiliates	$	19,670		$	27,744		$	94,958
Net securities gains		20			0			666
Other income		1,372			1,020			647
Other income (loss) from affiliates		(1	)		435			869
Total income		21,061			29,199			97,140
Expense
Interest on borrowings		1,270			9,165			11,618
Other expenses		9,572			11,672			10,222
Total expense		10,842			20,837			21,840
Income before income taxes and equity
in undistributed earnings of affiliates		10,219			8,362			75,300
Income tax benefit		(3,819	)		(7,833	)		(8,063	)
Income before equity in undistributed
earnings of affiliates		14,038			16,195			83,363
Equity in undistributed earnings of affiliates		58,422			22,019			0
Dividends receivable from affiliates in
excess of earnings		0			0			(69,626	)
Net Income	$	72,460		$	38,214		$	13,737

Statement Of Cash Flows

		Years Ended December 31,
(dollars in thousands)		2011			2010			2009
Cash Flows From Operating Activities
Net income	$	72,460		$	38,214		$	13,737
Adjustments to reconcile net income to cash
provided by operating activities:
Depreciation		31			49			67
Net premium (discount) on investment securities		0			0			434
Net securities (gains) losses		(20	)		0			(663	)
Stock option expense		129			253			392
Restricted stock expense		3,307			2,116			918
(Increase) decrease in other assets		(4,927	)		13,064			(6,302	)
(Decrease) increase in other liabilities		3,628			(3,414	)		2,450
Equity in undistributed earnings of affiliates		(58,422	)		(22,019	)		0
Dividends received from affiliates in excess of earnings		0			0			69,626
Total adjustments		(56,274	)		(9,951	)		66,922
Net cash flows provided by operating activities		16,186			28,263			80,659
Cash Flows From Investing Activities
Cash and cash equivalents of acquisitions		447			0			0
Transfer subsidiary from parent to bank subsidairy		0			791			0
Purchases of investment securities available-for-sale		1,081			(500	)		(191,994	)
Proceeds from sales of investment securities available-for-sale		0			0			192,222
Net payments from (advances to) affiliates		18,886			150,852			(145,989	)
Purchases of premises and equipment		0			(7	)		0
Net cash flows provided by (used in) investing activities		20,414			151,136			(145,761	)
Cash Flows From Financing Activities
Payments related to retirement of debt		0			(150,000	)		0
Cash dividends paid on common stock		(26,513	)		(24,361	)		(30,380	)
Cash dividends paid on preferred stock		0			0			(1,514	)
Common stock repurchased		(1,526	)		(705	)		(353	)
Repurchase of TARP preferred stock and warrants		0			0			(101,200	)
Common stock reissued under stock option, restricted stock
and stock purchase plans		140			12			97
Common stock issued		222			197			197,756
Net cash flows provided by (used in) financing activities		(27,677	)		(174,857	)		64,406
Net increase (decrease) in cash and cash equivalents		8,923			4,542			(696	)
Cash and cash equivalents at beginning of period		26,653			22,111			22,807
Cash and cash equivalents at end of period	$	35,576		$	26,653		$	22,111