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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest Income        
Interest and fees on loans $ 133,966 $ 143,812 $ 266,965 $ 292,272
Interest and dividends on investment securities:        
Taxable 12,925 18,114 27,414 38,865
Tax-exempt 3,673 3,227 7,322 6,346
Dividends 1,504 1,674 3,184 3,425
Interest on federal funds sold and other short-term investments 302 31 518 86
Total interest income 152,370 166,858 305,403 340,994
Interest Expense        
Savings, NOW and money market 4,369 4,690 9,071 10,044
Time 7,794 9,276 15,905 19,461
Interest on short-term borrowings 140 369 284 622
Interest on long-term borrowings and junior subordinated debentures 30,180 30,452 60,220 61,337
Total interest expense 42,483 44,787 85,480 91,464
Net Interest Income 109,887 122,071 219,923 249,530
Provision for credit losses 2,552 7,405 4,321 13,102
Net Interest Income After Provision for Credit Losses 107,335 114,666 215,602 236,428
Non-Interest Income        
Trust and investment services 2,257 1,984 4,234 3,758
Insurance commissions 4,062 3,283 8,052 8,719
Service charges on deposit accounts 5,822 6,086 11,512 12,032
Gains on securities transactions, net 41 1,204 3,999 1,047
Other-than-temporary impairment losses on securities            
Portion recognized in other comprehensive income (before taxes)   (550)   (550)
Net impairment losses on securities recognized in earnings   (550)   (550)
Trading (losses) gains, net (270) 1,609 (2,472) 621
Fees from loan servicing 1,721 1,149 3,238 2,308
Gains on sales of loans, net 14,366 3,141 29,426 6,307
Gains on sales of assets, net 678 256 410 288
Bank owned life insurance 1,424 1,632 2,765 3,591
Change in FDIC loss-share receivable (2,000) (7,022) (5,175) (7,112)
Other 4,793 11,258 8,201 15,616
Total non-interest income 32,894 24,030 64,190 46,625
Non-Interest Expense        
Salary and employee benefits expense 47,733 51,214 98,305 102,240
Net occupancy and equipment expense 18,179 16,903 37,068 34,265
FDIC insurance assessment 5,574 3,208 8,927 6,827
Amortization of other intangible assets 1,927 2,532 3,530 4,490
Professional and legal fees 4,285 3,345 8,177 6,969
Advertising 1,850 1,841 3,652 3,529
Other 15,798 12,467 31,126 27,738
Total non-interest expense 95,346 91,510 190,785 186,058
Income Before Income Taxes 44,883 47,186 89,007 96,995
Income tax expense 10,961 14,366 23,775 29,644
Net Income $ 33,922 $ 32,820 $ 65,232 $ 67,351
Earnings Per Common Share:        
Basic $ 0.17 $ 0.17 $ 0.33 $ 0.34
Diluted $ 0.17 $ 0.17 $ 0.33 $ 0.34
Cash Dividends Declared per Common Share $ 0.16 $ 0.16 $ 0.33 $ 0.33
Weighted Average Number of Common Shares Outstanding:        
Basic 199,244,243 197,246,322 199,085,501 197,088,528
Diluted 199,244,243 197,250,168 199,085,501 197,105,638