EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2012

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended
	March 31,
(Dollars in thousands, except per share data)	2012		2011
Numerator for basic and diluted earnings per share -income available to common shareholders:
Net income	$	16,994	$	17,207
Dividends on preferred stock	0		0
Income available to common shareholders	$	16,994	$	17,207
Denominator for basic earnings per share - weighted average shares	57,795,258		57,591,568
Effect of dilutive securities —
Employee stock awards	957,800		1,003,049
Warrants	127,985		114,420
Denominator for diluted earnings per share - adjusted weighted average shares	58,881,043		58,709,037
Earnings per share available to common shareholders
Basic	$	0.29	$	0.30
Diluted	$	0.29	$	0.29