Parent Company Statements (Tables)

12 Months Ended

Dec. 31, 2011

Parent Company Statements [Abstract]

Parent Company Schedule Balance Sheets

Balance Sheets
	December 31,
(In thousands)	2011		2010
Assets:
Cash	$	140,607	$	160,011
Investment in subsidiaries		602,270		601,201
Debentures receivable from subsidiary banks		5,000		5,000
Other investments		2,280		1,451
Other assets		90,438		69,845
Total assets	$	840,595	$	837,508
Liabilities:
Dividends payable	$	-	$	-
Subordinated notes		50,250		50,250
Other liabilities		47,981		57,550
Total liabilities		98,231		107,800
Total stockholders' equity		742,364		729,708
Total liabilities and stockholders' equity	$	840,595	$	837,508

Parent Company Schedule Statements Of Income

Statements of Income
	For the Years ended December 31,
(in thousands)	2011			2010			2009
Income:
Dividends from subsidiaries	$	105,000		$	80,000		$	75,000
Interest and dividends		4,669			4,789			4,715
Other		(2,653	)		411			489
Total income		107,016			85,200			80,204
Expense:
Other, net		11,721			12,632			10,322
Total expense		11,721			12,632			10,322
Income before federal taxes and equity in undistributed losses of subsidiaries		95,295			72,568			69,882
Federal income tax benefit		4,799			5,993			6,210
Income before equity in undistributed losses of subsidiaries		100,094			78,561			76,092
Equity in undistributed losses of subsidiaries		(17,954	)		(20,460	)		(1,900	)
Net income	$	82,140		$	58,101		$	74,192

Parent Company Schedule Statement Of Cash Flows

Statements of Cash Flows
	For the Years ended December 31,
(In thousands)	2011			2010			2009
Operating activities:
Net income	$	82,140		$	58,101		$	74,192
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed losses of subsidiaries		17,954			20,460			1,900
Other than temporary impairment charge, investments		(560	)		23			140
(Increase) decrease in other assets		(20,204	)		7,321			(18,420	)
(Decrease) increase in other liabilities		(9,575	)		(3,763	)		24,178
Net cash provided by operating activities		69,755			82,142			81,990
Investing activities:
Purchase of investment securities		(250	)		-			(113	)
Capital contribution to subsidiary		(26,000	)		(52,000	)		(37,000	)
Repayment of debentures receivable from subsidiaries		-			2,500			-
Net cash used in investing activities		(26,250	)		(49,500	)		(37,113	)
Financing activities:
Cash dividends paid		(62,907	)		(62,076	)		(58,035	)
Proceeds from issuance of common stock and warrants		-			33,541			53,475
Proceeds from issuance of subordinated notes		-			-			35,250
Cash payment for fractional shares		(2	)		(4	)		(2	)
Proceeds from issuance of preferred stock		-			-			-
Net cash (used in) provided by financing activities		(62,909	)		(28,539	)		30,688
(Decrease) increase in cash		(19,404	)		4,103			75,565
Cash at beginning of year		160,011			155,908			80,343
Cash at end of year	$	140,607		$	160,011		$	155,908