QUARTERLY FINANCIAL DATA

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL DATA

QUARTERLY FINANCIAL DATA (UNAUDITED) (Note 18)

	Quarters Ended 2012
	March 31			June 30			September 30			December 31
	(in thousands, except for share data)
Interest income	$	174,136		$	166,858		$	167,230		$	162,969
Interest expense		46,677			44,787			45,408			44,440
Net interest income		127,459			122,071			121,822			118,529
Provision for credit losses		5,697			7,405			7,250			5,200
Non-interest income:
(Losses) gains on securities transactions, net		(157	)		1,204			1,496			44
Net impairment losses on securities recognized in earnings		—			(550	)		(4,697	)		—
Trading (losses) gains, net		(988	)		1,609			6			2,166
Gains on sales of loans, net		3,166			3,141			25,055			15,636
Other non-interest income		20,574			18,626			18,636			15,979
Non-interest expense		94,548			91,510			93,219			95,623
Income before income taxes		49,809			47,186			61,849			51,531
Income tax expense		15,278			14,366			22,402			14,702
Net income		34,531			32,820			39,447			36,829
Earnings per common share:
Basic	$	0.18		$	0.17		$	0.20		$	0.19
Diluted		0.18			0.17			0.20			0.19
Cash dividends declared per common share		0.16			0.16			0.16			0.16
Average common shares outstanding:
Basic		196,930,733			197,246,322			197,437,988			197,795,817
Diluted		196,961,915			197,250,168			197,437,988			197,795,817

	Quarters Ended 2011
	March 31			June 30			September 30		December 31
	(in thousands, except for share data)
Interest income	$	167,819		$	167,794		$	171,639	$	166,572
Interest expense		50,927			50,124			49,704		48,258
Net interest income		116,892			117,670			121,935		118,314
Provision for credit losses		24,162			6,026			7,783		15,364
Non-interest income:
Gains on securities transactions, net		2,679			16,492			863		12,034
Net impairment losses on securities recognized in earnings		(825	)		—			—		(19,143	)
Trading gains (losses), net		3,382			(1,048	)		776		(839	)
Other non-interest income		39,551			18,091			18,564		21,720
Non-interest expense *		84,321			83,572			85,794		84,869
Income before income taxes *		53,196			61,607			48,561		31,853
Income tax expense *		16,897			24,999			13,489		7,321
Net income *		36,299			36,608			35,072		24,532
Earnings per common share:
Basic	$	0.20		$	0.21		$	0.20	$	0.14
Diluted		0.20			0.21			0.20		0.14
Cash dividends declared per common share		0.16			0.16			0.16		0.16
Average common shares outstanding:
Basic		178,154,684			178,335,522			178,507,769		178,694,711
Diluted		178,162,788			178,345,558			178,508,382		178,695,174

(*) Previously reported amounts have been revised to reflect an increase in non-interest expense due to the immaterial correction of an error. See the “Correction of an Immaterial Error” section of Note 1 to the consolidated financial statements for additional information.