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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
Loans including fees:        
Taxable $ 62,911 $ 52,047 $ 125,041 $ 102,352
Nontaxable 2,228 2,335 4,447 4,657
Investment securities, available-for-sale:        
Taxable 11,316 12,875 22,660 26,533
Nontaxable 3,905 3,320 7,485 6,841
Investment securities, held-to-maturity, taxable 4,894 6,140 9,869 12,552
Money market and other interest-earning investments 10 155 25 254
Total interest income 85,264 76,872 169,527 153,189
Interest Expense        
Deposits 7,044 9,585 14,726 19,588
Short-term borrowings 118 114 245 258
Other borrowings 2,129 4,854 4,310 9,657
Total interest expense 9,291 14,553 19,281 29,503
Net interest income 75,973 62,319 150,246 123,686
Provision for loan losses 393 3,207 2,449 6,519
Net interest income after provision for loan losses 75,580 59,112 147,797 117,167
Noninterest Income        
Wealth management fees 5,844 5,327 10,940 10,427
Service charges on deposit accounts 12,904 12,464 25,766 24,014
ATM fees 5,895 6,079 12,228 11,970
Mortgage banking revenue 773 909 1,332 1,861
Insurance premiums and commissions 9,311 9,011 18,925 19,581
Investment product fees 3,163 2,933 6,094 5,527
Company-owned life insurance 1,512 1,298 3,007 2,470
Net securities gains 6,992 666 7,611 2,165
Total other-than-temporary impairment losses (780) (1,433) (876) (1,732)
Loss recognized in other comprehensive income 0 1,233 0 1,233
Impairment losses recognized in earnings (780) (200) (876) (499)
Gain on derivatives 249 221 431 553
Gain on sale leaseback transactions 1,606 1,637 3,213 3,273
Change in FDIC indemnification asset (4,005) 0 759 0
Other income 5,078 3,244 8,245 5,068
Total noninterest income 48,542 43,589 97,675 86,410
Noninterest Expense        
Salaries and employee benefits 46,751 43,084 92,797 87,605
Occupancy 13,256 12,196 25,716 24,498
Equipment 2,967 2,845 5,823 5,842
Marketing 1,495 1,582 2,937 2,899
Data processing 5,934 5,770 11,403 11,835
Communication 2,602 2,644 5,426 4,978
Professional fees 2,630 2,134 5,354 4,557
Loan expense 1,528 1,125 3,136 2,212
Supplies 609 932 1,367 1,545
FDIC assessment 1,379 1,773 2,774 3,964
Other real estate owned expense 1,576 764 11,383 1,102
Amortization of intangibles 1,911 1,838 3,932 3,762
Other expense 3,389 3,071 5,266 4,884
Total noninterest expense 86,027 79,758 177,314 159,683
Income before income taxes 38,095 22,943 68,158 43,894
Income tax expense 10,889 5,927 19,229 10,445
Net income $ 27,206 $ 17,016 $ 48,929 $ 33,449
Net income per common share - basic $ 0.29 $ 0.18 $ 0.52 $ 0.35
Net income per common share - diluted $ 0.29 $ 0.18 $ 0.52 $ 0.35
Weighted average number of common shares outstanding-basic 94,514 94,479 94,479 94,456
Weighted average number of common shares outstanding-diluted 94,871 94,701 94,847 94,674
Dividends per common share $ 0.09 $ 0.07 $ 0.18 $ 0.14