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Consolidated Statements of Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans, including fees$ 72,461$ 77,037$ 221,715$ 236,417
Investment securities:    
Taxable28,42733,66587,890103,346
Tax-exempt2,6941,8977,2085,314
Other interest income411,6561,7922,081
Total interest income103,623114,255318,605347,158
Interest expense:    
Savings deposits1,7322,2106,2267,101
Time deposits7,63611,29824,55137,173
Securities sold under repurchase agreements10,60811,00531,80733,292
Other borrowings3323171,427757
Junior subordinated interest deferrable debentures2,7713,0728,8069,149
Total interest expense23,07927,90272,81787,472
Net interest income80,54486,353245,788259,686
Provision for probable loan losses5,6706,8377,83315,495
Net interest income after provision for probable loan losses74,87479,516237,955244,191
Non-interest income:    
Service charges on deposit accounts24,20525,61372,90574,847
Other service charges, commissions and fees    
Banking13,74911,78741,18735,574
Non-banking1,6772,6074,3466,130
Gain on investment securities transactions, net6,587139,44830,850
Other investments, net2,7494,71012,32512,183
Other income2,2442,1597,2308,302
Total non-interest income51,21146,889147,441167,886
Non-interest expense:    
Employee compensation and benefits32,03432,37996,68996,541
Occupancy10,6409,34728,25626,589
Depreciation of bank premises and equipment8,4918,77024,74926,751
Professional fees3,6984,29111,27312,054
Deposit insurance assessments2,4722,4757,5217,687
Net expense, other real estate owned1,95452511,2182,409
Amortization of identified intangible assets1,3241,3213,9503,946
Advertising1,7942,4805,4217,547
Litigation expense 34 21,837
Impairment charges (Total other-than-temporary impairment charges, $152, net of $(134), $(55), net of $(586), $1,206, net of $505, and $3,989, net of $(4,003) included in other comprehensive income)2865317017,992
Other17,59717,22649,91951,069
Total non-interest expense80,29079,379239,697264,422
Income before income taxes45,79547,026145,699147,655
Provision for income taxes15,16413,47748,92348,052
Net income30,63133,54996,77699,603
Preferred Stock Dividends3,3243,2869,9449,831
Net income available to common shareholders$ 27,307$ 30,263$ 86,832$ 89,772
Basic earnings per common share:    
Weighted average number of shares outstanding: (in shares)67,423,85767,822,45567,583,44967,995,734
Net income (in dollars per share)$ 0.41$ 0.45$ 1.28$ 1.32
Fully diluted earnings per common share:    
Weighted average number of shares outstanding: (in shares)67,469,88967,880,69467,645,41168,082,452
Net income (in dollars per share)$ 0.40$ 0.45$ 1.28$ 1.32