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Consolidated Statement of Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
INTEREST INCOME        
Interest and fees on loans $ 147,188 $ 144,358 $ 296,211 $ 287,129
Interest and dividends on investment securities        
Taxable 23,000 35,351 46,029 70,003
Tax exempt 7,135 7,504 14,409 15,217
Other interest and dividends 1,262 1,438 2,509 2,896
Total interest income 178,585 188,651 359,158 375,245
INTEREST EXPENSE        
Interest on deposits 10,553 16,901 22,589 35,150
Interest on Federal funds purchased and securities sold under agreements to repurchase 612 1,600 1,379 3,109
Interest on other short-term funding 1,197 2,036 2,253 4,107
Interest on long-term funding 11,956 13,991 24,002 25,033
Total interest expense 24,318 34,528 50,223 67,399
NET INTEREST INCOME 154,267 154,123 308,935 307,846
Provision for loan losses 0 16,000 0 47,000
Net interest income after provision for loan losses 154,267 138,123 308,935 260,846
NONINTEREST INCOME        
Trust service fees 10,125 10,012 19,912 19,843
Service charges on deposit accounts 16,768 19,112 34,810 38,176
Card-based and other nondeposit fees 12,084 15,747 22,963 31,345
Insurance commissions 12,912 11,552 24,502 23,318
Brokerage and annuity commissions 4,206 4,923 8,333 9,538
Mortgage banking, net 16,735 (3,320) 34,389 (1,475)
Capital market fees, net 2,673 (890) 6,389 1,488
Bank owned life insurance income 3,164 3,500 7,456 7,086
Asset gains (losses), net (4,984) (3,378) (8,578) (6,541)
Investment securities gains (losses), net:        
Realized gains (losses), net 563 (14) 603 (13)
Other-than-temporary impairments 0 (22) 0 (45)
Less: Non-credit portion recognized in other comprehensive income (before taxes) 0 0 0 0
Total investment securities gains (losses), net 563 (36) 603 (58)
Other 1,705 4,364 3,618 9,871
Total noninterest income 75,951 61,586 154,397 132,591
NONINTEREST EXPENSE        
Personnel expense 93,819 89,526 188,100 178,754
Occupancy 14,008 12,663 29,187 27,938
Equipment 5,719 4,969 11,187 9,736
Data processing 11,304 7,974 20,820 15,508
Business development and advertising 5,468 5,652 10,849 10,595
Other intangible amortization 1,049 1,178 2,098 2,356
Loan Expense 2,948 2,983 5,858 5,939
Legal and professional fees 5,657 4,783 15,372 9,265
Losses other than loans 2,060 (1,925) 5,610 4,372
Foreclosure/OREO expense 4,343 6,358 7,705 11,242
FDIC expense 4,778 7,198 9,648 15,442
Other 14,877 14,358 29,358 27,569
Total noninterest expense 166,030 155,717 335,792 318,716
Income (loss) before income taxes 64,188 43,992 127,540 74,721
Income tax expense (benefit) 20,871 9,610 41,590 17,486
Net income (loss) 43,317 34,382 85,950 57,235
Preferred stock dividends and discount accretion 1,300 8,812 2,600 16,225
Net income (loss) available to common equity $ 42,017 $ 25,570 $ 83,350 $ 41,010
Earnings (loss) per common share:        
Basic $ 0.24 $ 0.15 $ 0.48 $ 0.24
Diluted $ 0.24 $ 0.15 $ 0.48 $ 0.24
Average common shares outstanding:        
Basic 172,839 173,323 173,343 173,268
Diluted 172,841 173,327 173,345 173,272