Parent Holding Company Information (Condensed)

12 Months Ended

Dec. 31, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Parent Holding Company Information (Condensed)

Note 18. Parent Holding Company Information (Condensed)

The following condensed financial information was the unconsolidated information for the parent holding company:

Statements of Financial Condition

(Dollars in thousands)	December 31, 2012		December 31, 2011
Assets
Cash on hand and in banks	$	2,540	383
Interest bearing cash deposits	9,887		30,955
Cash and cash equivalents	12,427		31,338
Investment securities, available-for-sale	29,457		10,737
Other assets	23,221		19,041
Investment in subsidiaries	972,218		929,518
Total assets	$	1,037,323	990,634
Liabilities and Stockholders’ Equity
Dividends payable	$	—	9,349
Subordinated debentures	125,418		125,275
Other liabilities	10,956		5,783
Total liabilities	136,374		140,407
Common stock	719		719
Paid-in capital	641,737		642,882
Retained earnings	210,531		173,139
Accumulated other comprehensive income	47,962		33,487
Total stockholders’ equity	900,949		850,227
Total liabilities and stockholders’ equity	$	1,037,323	990,634

Statements of Operations

	Years ended
(Dollars in thousands)	December 31, 2012		December 31, 2011		December 31, 2010
Income
Dividends from subsidiaries	$	78,209	43,450		31,350
Other income	566		864		3,730
Intercompany charges for services	16,041		14,438		13,977
Total income	94,816		58,752		49,057
Expenses
Compensation, employee benefits and related expense	12,392		9,185		8,287
Other operating expenses	10,267		11,827		12,990
Total expenses	22,659		21,012		21,277
Income before income tax benefit and equity in undistributed net income of subsidiaries	72,157		37,740		27,780
Income tax benefit	2,319		2,176		1,374
Income before equity in undistributed net income of subsidiaries	74,476		39,916		29,154
Equity in undistributed net income (loss) of subsidiaries	1,040		(22,825	)	13,558
Net Income	$	75,516	17,091		42,712

Note 18. Parent Holding Company Information (Condensed) (continued)

Statements of Comprehensive Income

	Years ended
(Dollars in thousands)	December 31, 2012			December 31, 2011		December 31, 2010
Net Income	$	75,516		17,091		42,712
Other Comprehensive Income, Net of Tax
Unrealized gains on available-for-sale securities	31,617			63,190		6,263
Reclassification adjustment for gains included in net income	—			(346	)	(4,822	)
Net unrealized gains on securities	31,617			62,844		1,441
Tax effect	(12,300		)	(24,444	)	(565	)
Net of tax amount	19,317			38,400		876
Unrealized losses on derivatives used for cash flow hedges	(7,926		)	(8,906	)	—
Tax effect	3,084			3,465		—
Net of tax amount	(4,842		)	(5,441	)	—
Total other comprehensive income, net of tax	14,475			32,959		876
Total Comprehensive Income	$	89,991		50,050		43,588

Statements of Cash Flows

	Years ended
(Dollars in thousands)	December 31, 2012			December 31, 2011		December 31, 2010
Operating Activities
Net income	$	75,516		17,091		42,712
Adjustments to reconcile net income to net cash provided by operating activities:
Subsidiary income (in excess of) less than dividends distributed	(1,040		)	22,825		(13,558	)
Gain on sale of investments	—			—		(3,013	)
Excess tax deficiencies from stock options exercised	8			—		4
Net (decrease) increase in other assets and other liabilities	3,684			1,215		(708	)
Net cash provided by operating activities	78,168			41,131		25,437
Investing Activities
Proceeds from sales, maturities and prepayments of securities available-for-sale	787			1,376		3,671
Purchases of investment securities available-for-sale	(19,183		)	—		(13,126	)
Equity contribution to subsidiaries	(28,500		)	(1,110	)	(105,841	)
Net addition of premises and equipment	(2,927		)	(1,920	)	(2,754	)
Net cash used in investing activities	(49,823		)	(1,654	)	(118,050	)
Financing Activities
Net increase (decrease) in other borrowed funds	143			143		(4,857	)
Cash dividends paid	(47,472		)	(37,395	)	(37,396	)
Excess tax deficiencies from stock options exercised	(8		)	—		(4	)
Proceeds from exercise of stock options and other stock issued	81			—		145,654
Net cash (used in) provided by financing activities	(47,256		)	(37,252	)	103,397
Net (decrease) increase in cash and cash equivalents	(18,911		)	2,225		10,784
Cash and cash equivalents at beginning of year	31,338			29,113		18,329
Cash and cash equivalents at end of year	$	12,427		31,338		29,113