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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 15 Months Ended
Sep. 30, 2012
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Interest Income        
Loans $ 52,600 $ 168,875 $ 151,446 $ 59,655
Taxable securities 4,218 14,414 16,701 6,037
Tax-exempt securities 2,422 7,442 7,483 2,500
Federal funds sold and deposits in banks 229 564 722 240
Total interest income 59,469 191,295 176,352 68,432
Interest Expense        
Deposits 1,339 4,679 8,569 2,642
Federal Home Loan Bank advances 745 2,229 2,215 807
Long-term obligations 0 0 579 75
Other borrowings 120 358 377 120
Total interest expense 2,204 7,266 11,740 3,644
Net Interest Income 57,265 184,029 164,612 64,788
Provision for loan and lease losses   34,506 4,962  
Net interest income after provision for loan and lease losses 58,382 149,523 159,650 63,855
Noninterest Income (Loss)        
Service charges and other fees 7,609 22,222 19,746 6,991
Business Combination, Bargain Purchase, Gain Recognized, Amount 0 0 1,830 1,830
Merchant services fees 2,054 6,167 5,393 1,952
Gain on sale of investment securities, net 0 62 0 0
Bank owned life insurance 747 2,177 1,556 523
Change in FDIC loss sharing asset (12,951) (14,787) (32,048) (10,855)
Other 1,630 4,650 3,842 1,755
Total noninterest income (loss) (911) 20,491 319 2,196
Noninterest Expense        
Compensation and employee benefits 21,523 64,484 59,772 21,392
Occupancy 4,886 15,310 13,600 4,815
Merchant processing 921 2,724 2,764 976
Advertising and promotion 1,341 3,342 3,050 1,137
Data processing and communications 2,499 7,263 6,032 2,195
Legal and professional fees 2,783 6,221 4,868 1,957
Taxes, licenses and fees 1,124 3,594 2,983 1,211
Regulatory premiums 775 2,560 3,553 574
Net cost (benefit) of operation of other real estate owned (1,069) (536) (423) (195)
Amortization of intangibles 1,093 3,362 3,116 1,177
FDIC clawback liability (recovery) 334 100 3,294 1,146
Other 4,726 16,689 11,836 3,550
Total noninterest expense 40,936 125,113 114,445 39,935
Income before income taxes 16,535 44,901 45,524 26,116
Income tax provision 4,655 12,220 12,241 7,244
Net Income 11,880 32,681 33,283 18,872
Earnings per common share        
Basic ($ per share) $ 0.30 $ 0.82 $ 0.84 $ 0.48
Diluted ($ per share) $ 0.30 $ 0.82 $ 0.84 $ 0.48
Dividends paid per common share $ 0.30 $ 0.89 $ 0.14 $ 0.06
Weighted average number of common shares outstanding 39,289 39,248 39,092 39,131
Weighted average number of diluted common shares outstanding 39,291 39,251 39,167 39,192
Noncovered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses 2,875 11,125 2,650 500
Covered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses $ (3,992) $ 23,381 $ 2,312 $ 433