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Consolidated Statements of Income (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
Loans including fees:        
Taxable $ 61,307 $ 60,916 $ 188,748 $ 185,957
Nontaxable 2,448 2,192 7,007 6,639
Investment securities, available-for-sale:        
Taxable 9,182 10,810 31,394 33,470
Nontaxable 4,990 3,997 14,473 11,482
Investment securities, held-to-maturity, taxable 5,959 4,839 14,028 14,708
Money market and other interest-earning investments 8 18 28 43
Total interest income 83,894 82,772 255,678 252,299
Interest Expense        
Deposits 4,390 6,419 14,674 21,145
Short-term borrowings 95 124 575 369
Other borrowings 1,413 2,079 4,192 6,389
Total interest expense 5,898 8,622 19,441 27,903
Net interest income 77,996 74,150 236,237 224,396
Provision for loan losses (1,724) 400 (4,572) 2,849
Net interest income after provision for loan losses 79,720 73,750 240,809 221,547
Noninterest Income        
Wealth management fees 5,534 5,198 17,602 16,138
Service charges on deposit accounts 13,929 12,816 36,793 38,582
ATM fees 6,246 5,692 17,986 17,920
Mortgage banking revenue 957 840 3,823 2,172
Insurance premiums and commissions 8,853 8,670 29,114 27,595
Investment product fees 4,474 3,359 12,131 9,453
Company-owned life insurance 2,713 1,734 5,971 4,741
Net securities gains 186 2,877 2,994 10,488
Total other-than-temporary impairment losses   (202)   (1,078)
Loss recognized in other comprehensive income            
Impairment losses recognized in earnings   (202) 0 (1,078)
Gain (loss) on derivatives 24 226 156 657
Gain on sale leaseback transactions 1,566 1,607 4,941 4,820
Gain on branch divestitures-deposit premium     2,244  
Change in FDIC indemnification asset (2,140) (4,877) (5,916) (4,118)
Other income 5,413 2,927 12,475 11,172
Total noninterest income 47,755 40,867 140,314 138,542
Noninterest Expense        
Salaries and employee benefits 51,777 49,876 151,460 142,673
Occupancy 12,584 13,454 36,697 39,170
Equipment 3,306 2,902 8,979 8,725
Marketing 2,201 1,537 5,340 4,474
Data processing 5,704 5,432 16,595 16,835
Communication 2,655 2,627 7,924 8,053
Professional fees 3,140 3,787 9,643 9,141
Loan expense 1,886 1,760 5,471 4,896
Supplies 666 739 1,884 2,106
FDIC assessment 1,857 1,320 3,627 4,094
Other real estate owned expense 1,465 371 4,016 11,754
Amortization of intangibles 1,859 1,956 6,224 5,888
Other expense 7,558 3,258 15,897 8,524
Total noninterest expense 96,658 89,019 273,757 266,333
Income before income taxes 30,817 25,598 107,366 93,756
Income tax expense 6,869 5,861 30,995 25,090
Net income $ 23,948 $ 19,737 $ 76,371 $ 68,666
Net income per common share-basic $ 0.24 $ 0.20 $ 0.76 $ 0.72
Net income per common share-diluted $ 0.23 $ 0.20 $ 0.75 $ 0.72
Weighted average number of common shares outstanding-basic 100,645 95,690 100,901 94,886
Weighted average number of common shares outstanding-diluted 101,131 96,125 101,351 95,274
Dividends per common share $ 0.10 $ 0.09 $ 0.30 $ 0.27