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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest Income    
Loans $ 61,777 $ 47,429
Taxable securities 5,245 4,417
Tax-exempt securities 2,525 2,467
Federal funds sold and deposits in banks 165 298
Total interest income 69,712 54,611
Interest Expense    
Deposits 1,779 3,079
Federal Home Loan Bank advances 750 694
Long-term obligations 0 251
Other borrowings 120 138
Total interest expense 2,649 4,162
Net Interest Income 67,063 50,449
Provision for loan and lease losses 20,185 (422)
Net interest income after provision (recapture) for loan and lease losses 46,878 50,871
Noninterest Income (Loss)    
Service charges and other fees 7,177 6,288
Merchant services fees 2,018 1,633
Gain on sale of investment securities, net 62 0
Bank owned life insurance 711 505
Change in FDIC loss sharing asset (1,668) (14,774)
Other 1,274 929
Total noninterest income (loss) 9,574 (5,419)
Noninterest Expense    
Compensation and employee benefits 21,995 18,921
Occupancy 5,333 4,397
Merchant processing 873 883
Advertising and promotion 882 901
Data processing and communications 2,213 1,924
Legal and professional fees 1,609 1,413
Taxes, licenses and fees 1,355 865
Regulatory premiums 860 2,195
Net cost (benefit) of operation of other real estate owned 910 (442)
Amortization of intangibles 1,150 984
Other 7,172 5,305
Total noninterest expense 44,352 37,346
Income before income taxes 12,100 8,106
Income tax provision 3,198 2,327
Net Income 8,902 5,779
Earnings per common share    
Basic ($ per share) $ 0.22 $ 0.15
Diluted ($ per share) $ 0.22 $ 0.15
Dividends paid per common share $ 0.37 $ 0.03
Weighted average number of common shares outstanding 39,195 39,043
Weighted average number of diluted common shares outstanding 39,298 39,156
Noncovered Loans [Member]
   
Interest Expense    
Provision for loan and lease losses 4,500 0
Covered Loans [Member]
   
Interest Expense    
Provision for loan and lease losses $ 15,685 $ (422)