XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans, including fees $ 158,892 $ 166,334 $ 479,525 $ 497,840
Securities-taxable 21,318 21,141 62,242 67,889
Securities-tax exempt 1,176 1,422 3,615 4,377
Federal funds sold and other short term investments 253 308 1,178 1,304
Total interest income 181,639 189,205 546,560 571,410
Interest expense:        
Deposits 5,851 7,519 18,785 25,654
Short-term borrowings 1,074 1,514 3,448 4,776
Long-term debt and other interest expense 3,184 2,916 9,603 9,977
Total interest expense 10,109 11,949 31,836 40,407
Net interest income 171,530 177,256 514,724 531,003
Provision for loan losses 7,569 8,101 25,404 26,141
Net interest income after provision for loan losses 163,961 169,155 489,320 504,862
Noninterest income:        
Service charges on deposit accounts 20,519 20,834 59,398 58,015
Trust fees 9,477 7,743 27,972 24,464
Bank card and ATM fees 12,221 11,870 34,678 37,586
Investment and annuity fees 5,186 4,269 14,955 13,291
Secondary mortgage market operations 2,467 4,311 10,989 11,328
Insurance commissions and fees 3,661 4,045 12,500 12,103
Other income 9,526 9,770 26,649 31,101
Securities gains, net   917   929
Total noninterest income 63,057 63,759 187,141 188,817
Noninterest expense:        
Compensation expense 73,037 76,173 215,715 223,945
Employee benefits 16,340 17,202 49,184 54,881
Personnel expense 89,377 93,375 264,899 278,826
Net occupancy expense 12,369 13,358 37,099 41,784
Equipment expense 5,127 5,212 15,347 19,046
Data processing expense 12,031 11,005 36,346 39,523
Professional services expense 10,899 9,447 27,571 49,207
Amortization of intangibles 7,306 8,110 22,292 24,336
Telecommunications and postage 4,397 5,313 13,484 17,068
Deposit insurance and regulatory fees 3,789 3,833 11,635 11,128
Advertising 2,858 2,243 7,216 12,263
Other expense 34,052 17,818 68,168 61,968
Total noninterest expense 182,205 169,714 504,057 555,149
Income before income taxes 44,813 63,200 172,404 138,530
Income taxes 11,611 16,216 43,764 33,747
Net income $ 33,202 $ 46,984 $ 128,640 $ 104,783
Basic earnings per common share $ 0.40 $ 0.55 $ 1.51 $ 1.23
Diluted earnings per common share $ 0.40 $ 0.55 $ 1.51 $ 1.22
Dividends paid per share $ 0.24 $ 0.24 $ 0.72 $ 0.72
Weighted avg. shares outstanding-basic 82,091 84,777 83,404 84,757
Weighted avg. shares outstanding-diluted 82,205 85,632 83,496 85,525