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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest Income        
Loans $ 67,004 $ 74,837 $ 132,545 $ 122,865
Taxable securities 6,382 4,890 13,134 9,124
Tax-exempt securities 2,671 2,508 5,289 4,806
Federal funds sold and deposits in banks 30 33 44 234
Total interest income 76,087 82,268 151,012 137,029
Interest Expense        
Deposits 729 1,054 1,481 2,143
Federal Home Loan Bank advances 115 (699) 229 (628)
Prepayment charge on Federal Home Loan Bank advances 0 1,548 0 1,548
Other borrowings 119 376 238 495
Total interest expense 963 2,279 1,948 3,558
Net Interest Income 75,124 79,989 149,064 133,471
Provision for loan and lease losses     4,039 268
Net interest income after provision for loan and lease losses 73,007 79,701 145,025 133,203
Noninterest Income (Loss)        
Service charges and other fees 13,790 13,560 26,726 21,154
Merchant services fees 2,040 2,013 3,910 3,864
Investment securities gains, net 296 92 519 462
Bank owned life insurance 976 1,008 1,941 1,706
Change in FDIC loss sharing asset (5,050) (13,137) (9,869) (23,620)
Other 2,575 3,272 5,408 4,900
Total noninterest income (loss) 14,627 6,808 28,635 8,466
Noninterest Expense        
Compensation and employee benefits 31,064 35,657 62,402 57,310
Occupancy 8,587 7,543 16,831 12,296
Merchant processing 998 852 1,978 1,709
Advertising and promotion 950 1,160 1,719 2,030
Data processing and communications 3,680 3,638 7,200 6,218
Legal and professional fees 2,303 5,504 4,472 7,554
Taxes, licenses and fees 1,051 1,204 2,231 2,591
Regulatory premiums 1,073 1,177 2,249 2,034
Net cost (benefit) of operation of other real estate owned (97) (2,828) 49 (5,329)
Amortization of intangibles 1,480 1,693 3,060 2,722
Other 6,675 8,904 12,959 13,418
Total noninterest expense 57,764 64,504 115,150 102,553
Income before income taxes 29,870 22,005 58,510 39,116
Income tax provision 8,643 7,414 17,439 12,349
Net Income 21,227 14,591 41,071 26,767
Earnings per common share        
Basic ($ per share) $ 0.40 $ 0.28 $ 0.79 $ 0.59
Diluted ($ per share) $ 0.40 $ 0.28 $ 0.77 $ 0.58
Dividends paid per common share $ 0.24 $ 0.10 $ 0.36 $ 0.20
Weighted average number of common shares outstanding 52,088 50,788 51,600 45,099
Weighted average number of diluted common shares outstanding 52,494 52,125 52,463 45,758
Noncovered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses 600 2,000 100 1,000
Covered Loans [Member]
       
Interest Expense        
Provision for loan and lease losses $ 1,517 $ (1,712) $ 3,939 $ (732)