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Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheets |
Parent Company
Condensed Balance Sheets
| December 31, 2013 |  | December 31, 2012
| (dollars in thousands)
Assets |  |  |
Cash | $ | 13,047 |  |  | $ | 2,131 |
Investment securities available for sale | 234,488 |  |  | 237,765 |
Investment in subsidiaries | 2,058,505 |  |  | 1,969,600 |
Due from subsidiaries | 145,666 |  |  | 78,512 |
Other assets | 144,998 |  |  | 83,283 |
Total assets | $ | 2,596,704 |  |  | $ | 2,371,291 |
Liabilities and Shareholders' Equity |  |  |
Short-term borrowings | $ | 411,907 |  |  | $ | 399,047 |
Long-term obligations | 96,392 |  |  | 96,392 |
Other liabilities | 11,730 |  |  | 11,845 |
Shareholders' equity | 2,076,675 |  |  | 1,864,007 |
Total liabilities and shareholders' equity | $ | 2,596,704 |  |  | $ | 2,371,291 |
Condensed Income Statements |
Parent Company
Condensed Income Statements
| Year ended December 31
| 2013 |  | 2012 |  | 2011
| (dollars in thousands)
Interest income | $ | 1,387 |  |  | $ | 1,353 |  |  | $ | 1,345 |
Interest expense | 7,065 |  |  | 15,435 |  |  | 21,512 |
Net interest loss | (5,678 | ) |  | (14,082 | ) |  | (20,167 | )
Dividends from subsidiaries | 131,006 |  |  | 179,588 |  |  | 82,812 |
Other income | 3,620 |  |  | 2,843 |  |  | 9,699 |
Other operating expense | 2,344 |  |  | 6,384 |  |  | 5,298 |
Income before income tax benefit and equity in undistributed net income of subsidiaries | 126,604 |  |  | 161,965 |  |  | 67,046 |
Income tax benefit | (2,095 | ) |  | (8,417 | ) |  | (5,531 | )
Income before equity in undistributed net income of subsidiaries | 128,699 |  |  | 170,382 |  |  | 72,577 |
(Excess distributions) equity in undistributed net income of subsidiaries | 39,000 |  |  | (36,034 | ) |  | 122,451 |
Net income | $ | 167,699 |  |  | $ | 134,348 |  |  | $ | 195,028 |
Condensed Statements of Cash Flows |
Parent Company
Condensed Statements of Cash Flows
| Year ended December 31
| 2013 |  | 2012 |  | 2011
| (dollars in thousands)
OPERATING ACTIVITIES |  |  |  |  |
Net income | $ | 167,699 |  |  | $ | 134,348 |  |  | $ | 195,028 |
Adjustments |  |  |  |  |
Excess distributions (undistributed) net income of subsidiaries | (39,000 | ) |  | 36,034 |  |  | (122,451 | )
Net amortization of premiums and discounts | 334 |  |  | 439 |  |  | 203 |
Gain on retirement of long term obligations | — |  |  | — |  |  | (9,685 | )
Securities gains | — |  |  | (2,274 | ) |  | (62 | )
Gain on sale of other assets | (1,331 | ) |  | — |  |  | — |
Other than temporary impairment on securities | — |  |  | 45 |  |  | 26 |
Change in other assets | (61,704 | ) |  | 30,761 |  |  | (20,951 | )
Change in other liabilities | (2,096 | ) |  | (10,148 | ) |  | (1,925 | )
Net cash provided by operating activities | 63,902 |  |  | 189,205 |  |  | 40,183 |
INVESTING ACTIVITIES |  |  |  |  |
Net change in due from subsidiaries | (67,154 | ) |  | 42,323 |  |  | 146,463 |
Purchases of investment securities | (126,197 | ) |  | (111,409 | ) |  | (220,387 | )
Proceeds from sales, calls, and maturities of securities | 135,000 |  |  | 112,625 |  |  | 75,151 |
Investment in subsidiaries | 1,489 |  |  | 9,298 |  |  | — |
Net cash (used) provided by investing activities | (56,862 | ) |  | 52,837 |  |  | 1,227 |
FINANCING ACTIVITIES |  |  |  |  |
Net change in short-term borrowings | 12,860 |  |  | 23,651 |  |  | 4,046 |
Retirement of long-term obligations | — |  |  | (155,305 | ) |  | (11,815 | )
Repurchase of common stock | (321 | ) |  | (103,624 | ) |  | (24,387 | )
Cash dividends paid | (8,663 | ) |  | (15,398 | ) |  | (12,499 | )
Net cash provided (used) by financing activities | 3,876 |  |  | (250,676 | ) |  | (44,655 | )
Net change in cash | 10,916 |  |  | (8,634 | ) |  | (3,245 | )
Cash balance at beginning of year | 2,131 |  |  | 10,765 |  |  | 14,010 |
Cash balance at end of year | $ | 13,047 |  |  | $ | 2,131 |  |  | $ | 10,765 |
Cash payments for |  |  |  |  |
Interest | $ | 6,904 |  |  | $ | 25,574 |  |  | $ | 20,677 |
Income taxes | 102,890 |  |  | 66,453 |  |  | 91,465 |

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