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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest Income        
Loans $ 74,837 $ 54,498 $ 122,865 $ 116,275
Taxable securities 4,890 4,951 9,124 10,196
Tax-exempt securities 2,508 2,495 4,806 5,020
Federal funds sold and deposits in banks 33 170 234 335
Total interest income 82,268 62,114 137,029 131,826
Interest Expense        
Deposits 1,054 1,561 2,143 3,340
Federal Home Loan Bank advances (699) 734 (628) 1,484
Prepayment charge on Federal Home Loan Bank advances 1,548 0 1,548 0
Other borrowings 376 118 495 238
Total interest expense 2,279 2,413 3,558 5,062
Net Interest Income 79,989 59,701 133,471 126,764
Provision for loan and lease losses     268 35,623
Net interest income after provision for loan and lease losses 79,701 44,263 133,203 91,141
Noninterest Income (Loss)        
Service charges and other fees 13,560 7,436 21,154 14,613
Merchant services fees 2,013 2,095 3,864 4,113
Investment securities gains, net 92 0 462 62
Bank owned life insurance 1,008 719 1,706 1,430
Change in FDIC loss sharing asset (13,137) (168) (23,620) (1,836)
Other 3,272 1,746 4,900 3,020
Total noninterest income (loss) 6,808 11,828 8,466 21,402
Noninterest Expense        
Compensation and employee benefits 35,657 20,966 57,310 42,961
Occupancy 7,543 5,091 12,296 10,424
Merchant processing 852 930 1,709 1,803
Advertising and promotion 1,160 1,119 2,030 2,001
Data processing and communications 3,638 2,551 6,218 4,764
Legal and professional fees 5,504 1,829 7,554 3,438
Taxes, licenses and fees 1,204 1,115 2,591 2,470
Regulatory premiums 1,177 925 2,034 1,785
Net cost (benefit) of operation of other real estate owned (2,828) (377) (5,329) 533
Amortization of intangibles 1,693 1,119 2,722 2,269
FDIC clawback liability expense (recovery) 199 (208) 430 (234)
Other 8,705 4,765 12,988 11,963
Total noninterest expense 64,504 39,825 102,553 84,177
Income before income taxes 22,005 16,266 39,116 28,366
Income tax provision 7,414 4,367 12,349 7,565
Net Income 14,591 11,899 26,767 20,801
Earnings per common share        
Basic ($ per share) $ 0.28 $ 0.30 $ 0.59 $ 0.52
Diluted ($ per share) $ 0.28 $ 0.30 $ 0.58 $ 0.52
Dividends paid per common share $ 0.10 $ 0.22 $ 0.20 $ 0.59
Weighted average number of common shares outstanding 50,788 39,260 45,099 39,228
Weighted average number of diluted common shares outstanding 52,125 39,308 45,758 39,306
Noncovered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses 2,000 3,750 1,000 8,250
Covered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses $ (1,712) $ 11,688 $ (732) $ 27,373