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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income:        
Interest and fees on loans $ 48,590 $ 50,702 $ 143,305 $ 142,470
Interest and dividends on taxable investments 16,762 14,278 48,487 41,147
Interest and dividends on nontaxable investments 6,042 5,438 17,658 16,938
Total interest income 71,394 70,418 209,450 200,555
Interest expense:        
Interest on deposits 4,402 6,887 14,291 19,684
Interest on borrowings 7,535 7,466 22,648 22,146
Interest on subordinated debt held by unconsolidated subsidiary trusts 682 1,497 2,056 4,447
Total interest expense 12,619 15,850 38,995 46,277
Net interest income 58,775 54,568 170,455 154,278
Less: provision for loan losses 2,643 1,043 6,442 3,143
Net interest income after provision for loan losses 56,132 53,525 164,013 151,135
Noninterest income:        
Deposit service fees 12,057 11,134 33,461 31,307
Mortgage and other banking services 1,405 1,499 3,295 3,920
Benefit trust administration, consulting and actuarial fees 8,912 7,685 26,549 23,722
Wealth management services 3,194 2,904 9,427 7,866
Gain (loss) on investment securities and debt extinguishments, net 291 (6) 291 8
Total noninterest income 25,859 23,216 73,023 66,823
Operating expenses:        
Salaries and employee benefits 28,126 26,543 82,395 75,185
Occupancy and equipment 6,541 6,103 19,134 18,413
Data processing and communications 6,078 5,330 17,429 15,278
Amortization of intangible assets 1,212 1,161 3,343 3,251
Legal and professional fees 1,710 1,640 5,723 4,286
Office supplies and postage 1,345 1,300 4,195 3,873
Business development and marketing 1,312 1,096 4,360 4,534
FDIC insurance premiums 919 544 2,728 3,082
Acquisition expenses 4,796 381 5,221 4,689
Other 4,046 3,995 10,330 9,944
Total operating expenses 56,085 48,093 154,858 142,535
Income before income taxes 25,906 28,648 82,178 75,423
Income taxes 7,539 8,640 23,914 21,269
Net income $ 18,367 $ 20,008 $ 58,264 $ 54,154
Basic earnings per share (in dollars per share) $ 0.46 $ 0.54 $ 1.48 $ 1.52
Diluted earnings per share (in dollars per share) $ 0.46 $ 0.54 $ 1.46 $ 1.50
Dividends declared per share (in dollars per share) $ 0.27 $ 0.26 $ 0.79 $ 0.74