XML 17 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        
Interest and fees on loans $ 146,219 $ 149,647 $ 438,642 $ 445,858
Interest and dividends on investment securities        
Taxable 21,544 20,548 64,603 66,577
Tax exempt 6,711 7,127 20,461 21,536
Other interest 1,260 1,334 3,740 3,843
Total interest income 175,734 178,656 527,446 537,814
INTEREST EXPENSE        
Interest on deposits 7,617 9,751 23,927 32,340
Interest on Federal funds purchased and securities sold under agreements to repurchase 308 750 1,051 2,129
Interest on other short-term funding 434 815 1,291 3,068
Interest on long-term funding 6,866 11,738 22,833 35,740
Total interest expense 15,225 23,054 49,102 73,277
NET INTEREST INCOME 160,509 155,602 478,344 464,537
Provision for loan losses 0 0 8,000 0
Net interest income after provision for loan losses 160,509 155,602 470,344 464,537
NONINTEREST INCOME        
Trust service fees 11,380 10,396 33,695 30,308
Service charges on deposit accounts 18,407 17,290 52,679 52,100
Card-based and other nondeposit fees 12,688 12,209 37,229 35,172
Insurance commissions 11,356 11,650 32,750 36,152
Brokerage and annuity commissions 3,792 3,632 10,996 11,965
Mortgage banking, net 3,542 15,581 40,570 49,970
Capital market fees, net 2,652 3,609 10,309 9,998
Bank owned life insurance income 2,817 3,290 9,068 10,746
Asset gains (losses), net 1,934 (3,309) 2,726 (11,887)
Investment securities gains (losses), net:        
Realized gains (losses), net 248 3,506 582 4,109
Other-than-temporary impairments 0 (59) 0 (59)
Less: Non-credit portion recognized in other comprehensive income (before taxes) 0 59 0 59
Total investment securities gains (losses), net 248 3,506 582 4,109
Other 2,100 3,134 6,622 6,752
Total noninterest income 70,916 80,988 237,226 235,385
NONINTEREST EXPENSE        
Personnel expense 98,102 95,231 295,800 283,331
Occupancy 14,758 14,334 44,725 43,521
Equipment 6,213 5,935 18,842 17,122
Data processing 12,323 11,022 36,482 31,842
Business development and advertising 5,947 5,059 15,512 15,908
Other intangible amortization 1,010 1,048 3,032 3,146
Loan expense 3,157 3,297 9,485 9,155
Legal and professional fees 3,482 7,686 14,310 23,058
Losses other than loans (1,400) 3,577 83 9,187
Foreclosure/OREO expense 2,515 4,071 7,239 11,776
FDIC expense 4,755 5,017 14,582 14,665
Other 13,509 13,426 41,190 42,784
Total noninterest expense 164,371 169,703 501,282 505,495
Income before income taxes 67,054 66,887 206,288 194,427
Income tax expense 21,396 20,492 65,354 62,082
Net income 45,658 46,395 140,934 132,345
Preferred stock dividends 1,285 1,300 3,885 3,900
Net income available to common equity $ 44,373 $ 45,095 $ 137,049 $ 128,445
Earnings per common share:        
Basic $ 0.27 $ 0.26 $ 0.82 $ 0.74
Diluted $ 0.27 $ 0.26 $ 0.82 $ 0.74
Average common shares outstanding:        
Basic 164,954 171,650 166,586 172,774
Diluted 165,443 171,780 166,760 172,848