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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans and leases, including fees $ 41,519 $ 47,698 $ 83,173 $ 93,730
Accretion on acquired loans 3,456 7,521 7,849 12,213
Loans, including fees 44,975 55,219 91,022 105,943
Investment securities:        
Taxable 5,431 8,786 12,178 17,956
Tax-advantaged 5,511 5,785 11,052 11,581
Total investment income 10,942 14,571 23,230 29,537
Dividends from FHLB stock 467 94 810 184
Federal funds sold 86 196 100 381
Interest-earning deposits with other institutions 123 99 244 199
Total interest income 56,593 70,179 115,406 136,244
Interest expense:        
Deposits 1,158 1,554 2,399 3,207
Borrowings 2,716 4,876 5,416 9,847
Junior subordinated debentures 124 789 407 1,628
Total interest expense 3,998 7,219 8,222 14,682
Net interest income before provision for loan losses 52,595 62,960 107,184 121,562
Provision for loan losses (6,200)    (6,200)   
Net interest income after provision for loan losses 58,795 62,960 113,384 121,562
Noninterest income:        
Service charges on deposit accounts 4,145 4,068 7,971 8,192
Trust and investment services 2,072 2,042 4,077 4,227
Bankcard services 938 1,007 1,777 1,926
BOLI income 627 740 1,370 1,490
Gain on sale of investment securities, net     2,094  
Decrease in FDIC loss sharing asset, net (3,444) (9,336) (7,467) (12,280)
Gain on OREO, net 2,568 752 3,132 934
Other 789 3,019 1,486 3,059
Total noninterest income 7,695 2,292 14,440 7,548
Noninterest expense:        
Salaries and employee benefits 17,088 16,646 34,388 33,367
Occupancy and equipment 3,565 3,624 7,247 7,572
Professional services 1,387 1,702 2,983 3,693
Software licenses and maintenance 1,163 989 2,315 1,898
Promotion 1,140 1,314 2,398 2,565
Amortization of intangibles 437 452 875 1,268
OREO expense 33 323 363 1,053
Other 3,435 3,899 8,477 7,745
Total noninterest expense 28,248 28,949 59,046 59,161
Earnings before income taxes 38,242 36,303 68,778 69,949
Income taxes 13,776 12,684 22,697 24,062
Net earnings 24,466 23,619 46,081 45,887
Other comprehensive income/(loss):        
Unrealized gain/(loss) on investment securities arising during the period (53,854) 3,720 (65,550) 3,647
Less: Reclassification adjustment for net gain on investment securities included in net income     (2,094)  
Other comprehensive (loss) income, before tax (53,854) 3,720 (67,644) 3,647
Income tax benefit (expense) related to items of other comprehensive (loss) income 22,618 (1,563) 28,410 (1,532)
Other comprehensive (loss) income, before tax (31,236) 2,157 (39,234) 2,115
Comprehensive (loss) income $ (6,770) $ 25,776 $ 6,847 $ 48,002
Basic earnings per common share $ 0.23 $ 0.23 $ 0.44 $ 0.44
Diluted earnings per common share $ 0.23 $ 0.23 $ 0.44 $ 0.44
Cash dividends declared per common share $ 0.100 $ 0.085 $ 0.185 $ 0.170