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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Loans $ 74,125 $ 52,600 $ 196,990 $ 168,875
Taxable securities 4,935 4,218 14,059 14,414
Tax-exempt securities 2,483 2,422 7,289 7,442
Federal funds sold and deposits in banks 56 229 290 564
Total interest income 81,599 59,469 218,628 191,295
Interest Expense        
Deposits 929 1,339 3,072 4,679
Federal Home Loan Bank advances 135 745 (493) 2,229
Prepayment charge on Federal Home Loan Bank advances 0 0 1,548 0
Other borrowings 120 120 615 358
Total interest expense 1,184 2,204 4,742 7,266
Net Interest Income 80,415 57,265 213,886 184,029
Provision for loan and lease losses     3,581 34,506
Net interest income after provision for loan and lease losses 77,102 58,382 210,305 149,523
Noninterest Income (Loss)        
Service charges and other fees 13,357 7,609 34,511 22,222
Merchant services fees 2,070 2,054 5,934 6,167
Investment securities gains, net 0 0 462 62
Bank owned life insurance 904 747 2,610 2,177
Change in FDIC loss sharing asset (11,826) (12,951) (35,446) (14,787)
Other 3,117 1,630 8,017 4,650
Total noninterest income (loss) 7,622 (911) 16,088 20,491
Noninterest Expense        
Compensation and employee benefits 33,287 21,523 90,597 64,484
Occupancy 9,264 4,886 21,560 15,310
Merchant processing 951 921 2,660 2,724
Advertising and promotion 1,165 1,341 3,195 3,342
Data processing and communications 4,285 2,499 10,503 7,263
Legal and professional fees 2,421 2,783 9,975 6,221
Taxes, licenses and fees 1,446 1,124 4,037 3,594
Regulatory premiums 1,372 775 3,406 2,560
Net cost (benefit) of operation of other real estate owned (777) (1,069) (6,106) (536)
Amortization of intangibles 1,666 1,093 4,388 3,362
FDIC clawback liability expense (recovery) (188) 334 242 100
Other 9,822 4,726 22,810 16,689
Total noninterest expense 64,714 40,936 167,267 125,113
Income before income taxes 20,010 16,535 59,126 44,901
Income tax provision 6,734 4,655 19,083 12,220
Net Income 13,276 11,880 40,043 32,681
Earnings per common share        
Basic ($ per share) $ 0.26 $ 0.30 $ 0.84 $ 0.82
Diluted ($ per share) $ 0.25 $ 0.30 $ 0.83 $ 0.82
Dividends paid per common share $ 0.10 $ 0.30 $ 0.30 $ 0.89
Weighted average number of common shares outstanding 50,834 39,289 47,032 39,248
Weighted average number of diluted common shares outstanding 52,297 39,291 47,947 39,251
Noncovered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses 4,260 2,875 5,260 11,125
Covered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses $ (947) $ (3,992) $ (1,679) $ 23,381