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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest and dividend income:      
Interest and fees on loans $ 234,638 $ 262,458 $ 267,692
Interest and dividends on:      
Obligations of U.S. Government, its agencies and other securities 50,549 68,873 76,839
Obligations of states and political subdivisions 140 371 786
Other interest income 408 178 200
Total interest and dividend income 285,735 331,880 345,517
Interest on deposits:      
Demand and savings deposits 2,483 3,812 5,753
Time deposits 15,921 23,842 36,212
Interest on short-term borrowings 678 823 1,181
Interest on long-term debt 31,338 30,169 28,327
Total interest expense 50,420 58,646 71,473
Net interest income 235,315 273,234 274,044
Provision for loan losses 35,419 63,272 87,080
Net interest income after provision for loan losses 199,896 209,962 186,964
Other income:      
Income from fiduciary activities 15,947 14,965 13,874
Service charges on deposit accounts 16,704 18,307 19,717
Net gains on sales of securities 0 28,829 11,864
Other service income 13,631 10,606 13,816
Checkcard fee income 12,541 12,496 11,177
Bank owned life insurance income 4,754 5,089 4,978
ATM fees 2,359 2,703 2,951
Net gain on sale of OREO 4,414 1,312 1,466
OREO devaluations (6,872) (8,219) (13,206)
Gain on sale of Vision business 22,167 0 0
Other 6,758 8,822 8,243
Total other income 92,403 94,910 74,880
Other expense:      
Salaries and employee benefits 95,977 102,068 98,315
Data processing fees 3,916 4,965 5,728
Professional fees and services 24,267 21,119 19,972
Net occupancy expense of bank premises 9,444 11,295 11,510
Amortization of intangibles 2,172 3,534 3,422
Furniture and equipment expense 10,788 10,773 10,435
Insurance 5,780 6,821 8,983
Marketing 3,474 2,967 3,656
Postage and telephone 5,983 6,060 6,648
State taxes 3,786 1,544 3,171
Loan put provision 3,299 0 0
OREO expense 4,011 3,266 3,358
Other 15,071 13,905 11,909
Total other expense 187,968 188,317 187,107
Income before income taxes 104,331 116,555 74,737
State income taxes (benefit) 0 6,088 (1,161)
Federal income taxes 25,701 28,327 17,797
Net income 78,630 82,140 58,101
Preferred share dividends and accretion 3,425 5,856 5,807
Income available to common shareholders $ 75,205 $ 76,284 $ 52,294
Earnings per common share:      
Basic (in dollars per share) $ 4.88 $ 4.95 $ 3.45
Diluted (in dollars per share) $ 4.88 $ 4.95 $ 3.45