v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income      
Loans $ 266,284 $ 219,433 $ 218,420
Taxable securities 20,459 18,276 21,870
Tax-exempt securities 9,837 9,941 10,142
Federal funds sold and deposits in banks 355 854 839
Total interest income 296,935 248,504 251,271
Interest Expense      
Deposits 3,962 5,887 10,478
Federal Home Loan Bank and Federal Reserve Bank borrowings (404) 2,608 2,980
Prepayment charge on Federal Home Loan Bank advances 1,548 603 0
Long-term obligations 0 0 579
Other borrowings 734 479 498
Total interest expense 5,840 9,577 14,535
Net Interest Income 291,095 238,927 236,736
Provision (recapture) for loan and lease losses (101) 39,367 5,752
Net interest income after provision (recapture) for loan and lease losses 291,196 199,560 230,984
Noninterest Income (Loss)      
Service charges and other fees 48,351 29,998 26,632
Gain on bank acquisitions, net of tax 0 0 1,830
Merchant services fees 8,812 8,154 7,385
Gain on sale of investment securities, net 462 3,733 (2,816)
Bank owned life insurance 3,570 2,861 2,188
Change in FDIC loss sharing asset (45,017) (24,467) (49,496)
Other 10,522 6,779 4,994
Total noninterest income (loss) 26,700 27,058 (9,283)
Noninterest Expense      
Compensation and employee benefits 125,432 85,434 81,552
Occupancy 33,054 20,031 18,963
Merchant processing 3,551 3,612 3,698
Advertising and promotion 4,090 3,650 3,686
Data processing 14,076 9,714 8,484
Legal and professional fees 12,338 8,915 6,486
Taxes, licenses and fees 5,033 4,736 4,446
Regulatory premiums 4,706 3,384 4,337
Net cost (benefit) of operation of other real estate owned (7,401) (1,969) (1,022)
Amortization of intangibles 6,045 4,445 4,319
FDIC clawback liability 278 (54) 3,656
Other 29,684 21,015 17,154
Total noninterest expense 230,886 162,913 155,759
Income (loss) before income taxes 87,010 63,705 65,942
Provision (benefit) for income taxes 26,994 17,562 17,905
Net Income (Loss) 60,016 46,143 48,037
Per Common Share      
Earnings (loss) basic (dollars per share) $ 1.24 [1] $ 1.16 [1] $ 1.22
Earnings (loss) diluted (dollars per share) $ 1.21 [1] $ 1.16 [1] $ 1.21
Common Stock, Dividends, Per Share, Cash Paid $ 0.41 $ 0.98 $ 0.27
Weighted average number of common shares outstanding 47,993 39,260 39,103
Weighted average number of diluted common shares outstanding 49,051 39,263 39,180
Noncovered Loans [Member]
      
Interest Expense      
Provision (recapture) for loan and lease losses 3,160 13,475 7,400
Covered Loans [Member]
      
Interest Expense      
Provision (recapture) for loan and lease losses $ (3,261) $ 25,892 $ (1,648)
[1] Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year.