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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INTEREST INCOME      
Loans not covered by FDIC loss share $ 91,734 $ 95,713 $ 106,062
Loans covered by FDIC loss share 22,767 17,118 4,204
Federal funds sold 7 6 15
Investment securities 12,721 14,583 17,208
Mortgage loans held for sale 637 503 715
Assets held in trading accounts 48 33 30
Interest bearing balances due from banks 1,220 1,100 721
TOTAL INTEREST INCOME 129,134 129,056 128,955
INTEREST EXPENSE      
Deposits 10,625 14,925 19,537
Federal funds purchased and securities sold under agreements to repurchase 310 450 532
Other borrowings 3,354 3,512 5,018
Subordinated debentures 1,328 1,509 1,919
TOTAL INTEREST EXPENSE 15,617 20,396 27,006
NET INTEREST INCOME 113,517 108,660 101,949
Provision for loan losses 4,140 11,676 14,129
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 109,377 96,984 87,820
NON-INTEREST INCOME      
Trust income 5,473 5,375 5,179
Service charges on deposit accounts 16,808 16,808 17,700
Other service charges and fees 2,961 2,980 2,812
Mortgage lending income 5,997 4,188 4,810
Investment banking income 2,038 1,478 2,236
Credit card fees 17,045 16,828 16,140
Premiums on sale of student loans     2,524
Bank owned life insurance income 1,463 1,481 1,670
Gain on sale of securities, net 2   317
Gain on FDIC assisted transactions 3,411   21,314
Net (loss) gain on assets covered by FDIC loss share agreements (9,793) 154 318
Other income 2,966 4,173 2,854
TOTAL NON-INTEREST INCOME 48,371 53,465 77,874
NON-INTEREST EXPENSE      
Salaries and employee benefits 66,999 65,058 60,731
Occupancy expense, net 8,603 8,443 7,808
Furniture and equipment expense 6,882 6,633 6,093
Other real estate and foreclosure expense 992 678 974
Deposit insurance 2,086 2,387 3,813
Merger related costs 1,896 357 2,611
Other operating expenses 30,275 31,094 29,233
TOTAL NON-INTEREST EXPENSE 117,733 114,650 111,263
INCOME BEFORE INCOME TAXES 40,015 35,799 54,431
Provision for income taxes 12,331 10,425 17,314
NET INCOME $ 27,684 $ 25,374 $ 37,117
BASIC EARNINGS PER SHARE (in Dollars per share) $ 1.64 $ 1.47 $ 2.16
DILUTED EARNINGS PER SHARE (in Dollars per share) $ 1.64 $ 1.47 $ 2.15