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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per 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 $ 46,412 $ 47,077 $ 93,530 $ 94,715
Interest and dividends on taxable investments 12,566 17,450 27,782 31,725
Interest and dividends on nontaxable investments 5,162 6,018 10,753 11,616
Total interest income 64,140 70,545 132,065 138,056
Interest expense:        
Interest on deposits 2,703 4,380 5,845 9,889
Interest on borrowings 2,375 7,713 8,105 15,113
Interest on subordinated debt held by unconsolidated subsidiary trusts 630 681 1,258 1,374
Total interest expense 5,708 12,774 15,208 26,376
Net interest income 58,432 57,771 116,857 111,680
Provision for loan losses 1,321 2,155 2,714 3,799
Net interest income after provision for loan losses 57,111 55,616 114,143 107,881
Noninterest income:        
Deposit service fees 12,345 11,035 23,940 21,404
Other banking services 1,020 896 2,058 1,890
Benefit trust, administration, consulting and actuarial fees 9,397 8,664 19,167 17,637
Wealth management services 4,045 3,101 7,743 6,233
Gain on sales of investment securities 16,008 0 63,799 0
Loss on debt extinguishments (15,717) 0 (63,500) 0
Total noninterest income 27,098 23,696 53,207 47,164
Noninterest expenses:        
Salaries and employee benefits 30,286 26,844 60,769 54,269
Occupancy and equipment 6,750 6,130 13,815 12,593
Data processing and communications 6,600 5,817 13,336 11,417
Amortization of intangible assets 1,140 1,045 2,319 2,131
Legal and professional fees 1,526 1,755 3,466 3,946
Office supplies and postage 1,518 1,382 3,013 2,850
Business development and marketing 1,804 1,876 3,283 3,048
FDIC insurance premiums 945 903 2,000 1,809
Acquisition expenses 0 164 0 424
Other 3,807 3,454 6,927 6,286
Total noninterest expenses 54,376 49,370 108,928 98,773
Income before income taxes 29,833 29,942 58,422 56,272
Income taxes 8,711 8,871 17,059 16,375
Net income $ 21,122 $ 21,071 $ 41,363 $ 39,897
Basic earnings per share (in dollars per share) $ 0.53 $ 0.53 $ 1.03 $ 1.02
Diluted earnings per share (in dollars per share) $ 0.52 $ 0.53 $ 1.02 $ 1.01