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CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Loans including fees:        
Taxable $ 65,892 $ 63,223 $ 130,849 $ 127,441
Nontaxable 2,530 2,380 5,039 4,559
Investment securities:        
Taxable 15,447 15,139 31,216 30,281
Nontaxable 5,649 4,933 10,673 9,483
Money market and other interest-earning investments 10 7 16 20
Total interest income 89,528 85,682 177,793 171,784
Interest Expense        
Deposits 3,342 5,016 6,625 10,284
Short-term borrowings 83 213 150 480
Other borrowings 1,621 1,262 3,058 2,779
Total interest expense 5,046 6,491 9,833 13,543
Net interest income 84,482 79,191 167,960 158,241
Provision for loan losses (400) (3,693) (363) (2,848)
Net interest income after provision for loan losses 84,882 82,884 168,323 161,089
Noninterest Income        
Wealth management fees 7,504 6,412 13,296 12,068
Service charges on deposit accounts 11,821 11,766 22,955 22,864
Debit card and ATM fees 6,476 5,942 12,212 11,740
Mortgage banking revenue 1,262 1,593 1,892 2,866
Insurance premiums and commissions 9,811 9,318 21,773 20,261
Investment product fees 4,117 4,074 7,985 7,657
Company-owned life insurance 1,643 1,614 3,110 3,258
Net securities gains 1,689 1,789 2,248 2,808
Total other-than-temporary impairment losses     (100)  
Loss recognized in other comprehensive income            
Impairment losses recognized in earnings     (100)  
Gain (loss) on derivatives 71 144 250 132
Recognition of deferred gain on sale leaseback transactions 1,523 1,791 3,047 3,375
Gain on branch divestitures-deposit premium       2,244
Change in FDIC indemnification asset (10,470) (1,474) (17,813) (3,776)
Other income 4,206 3,275 9,361 7,062
Total noninterest income 39,653 46,244 80,216 92,559
Noninterest Expense        
Salaries and employee benefits 55,050 48,723 106,430 99,683
Occupancy 12,712 12,029 23,654 24,113
Equipment 3,176 2,775 6,190 5,673
Marketing 2,434 1,934 4,619 3,139
Data processing 6,479 5,659 12,063 10,891
Communication 2,343 2,703 4,954 5,269
Professional fees 3,643 2,834 7,325 6,503
Loan expense 1,441 1,969 2,758 3,585
Supplies 824 649 1,477 1,218
FDIC assessment 1,445 118 2,886 1,770
Other real estate owned expense 1,255 1,537 2,013 2,551
Amortization of intangibles 2,003 1,840 3,840 4,365
Other expense 5,299 4,146 8,147 8,339
Total noninterest expense 98,104 86,916 186,356 177,099
Income before income taxes 26,431 42,212 62,183 76,549
Income tax expense 7,658 13,734 16,900 24,126
Net income $ 18,773 $ 28,478 $ 45,283 $ 52,423
Net income per common share-basic $ 0.18 $ 0.28 $ 0.44 $ 0.52
Net income per common share-diluted $ 0.18 $ 0.28 $ 0.44 $ 0.52
Weighted average number of common shares outstanding-basic 103,904 100,981 101,862 101,031
Weighted average number of common shares outstanding-diluted 104,361 101,352 102,363 101,448
Dividends per common share $ 0.11 $ 0.10 $ 0.22 $ 0.20