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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income:      
Loans, including fees $ 292,514 $ 314,202 $ 335,769
Investment securities:      
Taxable 113,650 135,106 185,931
Tax-exempt 10,091 7,240 5,070
Other interest income 1,869 2,221 607
Total interest income 418,124 458,769 527,377
Interest expense:      
Savings and interest bearing demand deposits 7,783 9,383 10,832
Time deposits 31,556 46,967 62,255
Securities sold under repurchase agreements 42,263 44,216 44,723
Other borrowings 1,623 1,269 9,451
Junior subordinated deferrable interest debentures 11,073 12,201 12,535
Other interest expense 0    
Total interest expense 94,298 114,036 139,796
Net interest income 323,826 344,733 387,581
Provision for probable loan losses 17,318 22,812 58,833
Net interest income after provision for probable loan losses 306,508 321,921 328,748
Non-interest income:      
Service charges on deposit accounts 97,968 99,644 99,642
Other service charges, commissions and fees      
Banking 50,686 47,930 42,861
Non-banking 7,304 8,439 12,697
Investment securities transactions, net 17,285 33,209 11,956
Other investments, net 16,041 17,696 19,773
Other income 12,209 11,866 14,084
Total non-interest income 201,493 218,784 201,013
Non-interest expense:      
Employee compensation and benefits 126,004 127,469 130,849
Occupancy 38,722 36,631 35,374
Depreciation of bank premises and equipment 34,935 35,395 35,879
Professional fees 12,998 15,625 12,640
Deposit insurance assessments 9,047 10,253 10,249
Net expense, other real estate owned 14,817 6,055 2,557
Amortization of identified intangible assets 5,293 5,284 5,286
Advertising 5,807 7,716 9,149
Litigation expense   21,837  
Impairment charges (Total other-than-temporary impairment charges, $(1,003) less loss of $26 for 2011, and $(19,070) less loss of $10,654 for 2010, included in other comprehensive income) 977 8,416  
Other 68,174 65,044 67,048
Total non-interest expense 316,774 339,725 309,031
Income before income taxes 191,227 200,980 220,730
Provision for income taxes 64,078 70,957 77,988
Net income 127,149 130,023 142,742
Preferred stock dividends and discount accretion 13,280 13,126 12,984
Net income available to common shareholders $ 113,869 $ 116,897 $ 129,758
Basic earnings per common share:      
Weighted average number of shares outstanding (in shares) 67,506,554 67,921,353 68,373,732
Net income (in dollars per share) $ 1.69 $ 1.72 $ 1.90
Fully diluted earnings per common share:      
Weighted average number of shares outstanding (in shares) 67,569,468 68,004,441 68,394,624
Net income (in dollars per share) $ 1.69 $ 1.72 $ 1.90