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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income        
Interest and fees on loans $ 46,408 $ 49,379 $ 94,448 $ 100,262
Interest and dividends on investments:        
Taxable interest 8,279 8,558 16,828 16,932
Interest exempt from federal income taxes 5 13 10 199
Dividends 19 12 40 29
Interest on bank deposits 1 27 2 36
Total interest income 54,712 57,989 111,328 117,458
Interest Expense        
Interest on deposits 5,643 9,093 11,890 18,629
Interest on short-term borrowings 279 178 506 363
Interest on subordinated debentures 1,422 1,386 2,855 2,769
Interest on other long-term debt 450 447 989 943
Total interest on long-term debt 1,872 1,833 3,844 3,712
Total interest expense 7,794 11,104 16,240 22,704
Net Interest Income 46,918 46,885 95,088 94,754
Provision for credit losses 4,297 9,112 8,084 22,929
Net Interest Income after Provision for Credit Losses 42,621 37,773 87,004 71,825
Noninterest Income        
Changes in fair value on impaired securities (1,323) 448 175 2,317
Non-credit related losses (gains) on securities not expected to be sold (recognized in other comprehensive income) 1,323 (448) (175) (2,317)
Net impairment losses 0 0 0 0
Net securities gains 0 1,608 0 2,185
Trust income 1,607 1,764 3,149 3,482
Service charges on deposit accounts 3,737 3,748 7,239 7,174
Insurance and retail brokerage commissions 1,670 1,616 3,094 3,178
Income from bank owned life insurance 1,459 1,390 2,904 2,747
Gain on sale of assets 1,444 1,251 3,559 1,482
Card related interchange income 3,285 3,042 6,399 5,842
Other income 2,894 2,645 7,132 5,302
Total noninterest income 16,096 17,064 33,476 31,392
Noninterest Expense        
Salaries and employee benefits 22,363 21,546 44,121 42,674
Net occupancy expense 3,303 3,495 6,707 7,227
Furniture and equipment expense 3,024 3,135 6,208 6,315
Data processing expense 1,796 1,525 3,359 2,949
Pennsylvania shares tax expense 1,510 1,434 2,693 2,612
Intangible amortization 371 389 742 779
Collection and repossession expense 670 1,726 3,369 3,042
Other professional fees and services 940 1,099 2,139 2,224
FDIC insurance 1,262 1,248 2,499 3,083
Loss on sale or write-down of assets 500 4,214 3,789 4,515
Other operating expenses 6,109 5,889 12,974 11,709
Total noninterest expense 41,848 45,700 88,600 87,129
Income Before Income Taxes 16,869 9,137 31,880 16,088
Income tax provision 4,548 1,718 8,508 3,423
Net Income $ 12,321 $ 7,419 $ 23,372 $ 12,665
Average Shares Outstanding 104,894,261 104,686,072 104,852,494 104,652,472
Average Shares Outstanding Assuming Dilution 104,901,239 104,686,072 104,855,543 104,653,604
Per Share Data:        
Basic Earnings per Share $ 0.12 $ 0.07 $ 0.22 $ 0.12
Diluted Earnings per Share $ 0.12 $ 0.07 $ 0.22 $ 0.12
Cash Dividends Declared per Common Share $ 0.05 $ 0.03 $ 0.08 $ 0.06