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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income    
Loans, including fees $ 66,436 $ 74,016
Investment securities    
Taxable 10,517 6,803
Tax-exempt 134 198
Total investment securities interest 10,651 7,001
Other earning assets (1,990) (954)
Total interest income 75,097 80,063
Interest expense    
Deposits 7,716 11,400
Short-term borrowings 12 45
Long-term borrowings 680 1,089
Subordinated debentures and capital securities 0 194
Total interest expense 8,408 12,728
Net interest income 66,689 67,335
Provision for loan and lease losses - uncovered 3,258 647
Provision for loan and lease losses - covered 12,951 26,016
Net interest income after provision for loan losses 50,480 40,672
Noninterest income    
Service charges on deposit accounts 4,909 4,610
Trust and wealth management fees 3,791 3,925
Bankcard income 2,536 2,155
Net gains from sales of loans 940 989
FDIC loss sharing income 12,816 23,435
Accelerated discount on covered loans 3,645 5,783
Other 3,288 2,761
Total noninterest income 31,925 43,658
Noninterest expenses    
Salaries and employee benefits 28,861 27,570
Net occupancy 5,382 6,860
Furniture and equipment 2,244 2,553
Data processing 1,901 1,238
Marketing 1,154 1,241
Communication 894 814
Professional services 2,147 2,227
State intangible tax 1,026 1,365
FDIC expense 1,163 2,121
Loss (gain)-Other real estate owned 996 3,322
Loss-Covered other real estate owned 1,292 3,112
Other 8,718 5,367
Total noninterest expenses 55,778 57,790
Income before income taxes 26,627 26,540
Income tax expense 9,633 9,333
Net income $ 16,994 $ 17,207
Net earnings per common share - basic: $ 0.29 $ 0.30
Net earnings per common share - diluted: $ 0.29 $ 0.29
Cash dividends declared per share $ 0.31 $ 0.12
Average basic shares outstanding 57,795,258 57,591,568
Average diluted shares outstanding 58,881,043 58,709,037