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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest Income    
Interest and fees on loans $ 48,040 $ 50,883
Interest and dividends on investments:    
Taxable interest 8,549 8,374
Interest exempt from federal income taxes 5 186
Dividends 21 17
Interest on bank deposits 1 9
Total interest income 56,616 59,469
Interest Expense    
Interest on deposits 6,247 9,536
Interest on short-term borrowings 227 185
Interest on subordinated debentures 1,433 1,383
Interest on other long-term debt 539 496
Total interest on long-term debt 1,972 1,879
Total interest expense 8,446 11,600
Net Interest Income 48,170 47,869
Provision for credit losses 3,787 13,817
Net Interest Income after Provision for Credit Losses 44,383 34,052
Noninterest Income    
Changes in fair value on impaired securities 1,498 1,869
Non-credit related gains on securities not expected to be sold (recognized in other comprehensive income) (1,498) (1,869)
Net impairment losses 0 0
Net securities gains 0 577
Trust income 1,542 1,718
Service charges on deposit accounts 3,502 3,426
Insurance and retail brokerage commissions 1,424 1,562
Income from bank owned life insurance 1,445 1,357
Income from other real estate owned 964 0
Gain on sale of assets 2,115 231
Card related interchange income 3,114 2,800
Other income 3,274 2,657
Total noninterest income 17,380 14,328
Noninterest Expense    
Salaries and employee benefits 21,758 21,128
Net occupancy expense 3,404 3,732
Furniture and equipment expense 3,184 3,180
Data processing expense 1,563 1,424
Pennsylvania shares tax expense 1,183 1,178
Intangible amortization 371 390
Collection and repossession expense 2,699 1,316
Other professional fees and services 1,199 1,125
FDIC insurance 1,237 1,835
Loss on sale or write-down of assets 3,289 301
Unfunded commitments reserve 913 (357)
Other operating expenses 5,952 6,177
Total noninterest expense 46,752 41,429
Income Before Income Taxes 15,011 6,951
Income tax provision 3,960 1,705
Net Income $ 11,051 $ 5,246
Average Shares Outstanding 104,810,727 104,618,499
Average Shares Outstanding Assuming Dilution 104,816,442 104,623,518
Per Share Data:    
Basic Earnings per Share $ 0.11 $ 0.05
Diluted Earnings per Share $ 0.11 $ 0.05
Cash Dividends Declared per Common Share $ 0.03 $ 0.03