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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans and leases, including fees $ 41,706 $ 45,559 $ 124,879 $ 139,289
Accretion on acquired loans 2,947 7,045 10,796 19,258
Loans, including fees 44,653 52,604 135,675 158,547
Investment securities:        
Taxable 7,102 7,246 19,280 25,202
Tax-advantaged 5,517 5,640 16,569 17,221
Total investment income 12,619 12,886 35,849 42,423
Dividends from FHLB stock 622 79 1,432 263
Federal funds sold 58 158 158 539
Interest-earning deposits with other institutions 122 118 366 317
Total interest income 58,074 65,845 173,480 202,089
Interest expense:        
Deposits 1,228 1,398 3,627 4,605
Borrowings 2,768 4,086 8,184 13,933
Junior subordinated debentures 105 617 512 2,245
Total interest expense 4,101 6,101 12,323 20,783
Net interest income before provision for loan losses 53,973 59,744 161,157 181,306
Provision for loan losses (3,750)   (9,950)  
Net interest income after provision for loan losses 57,723 59,744 171,107 181,306
Noninterest income:        
Service charges on deposit accounts 4,011 4,040 11,982 12,232
Trust and investment services 2,021 2,037 6,098 6,264
Bankcard services 920 962 2,697 2,888
BOLI income 497 781 1,867 2,271
Gain on sale of investment securities, net     2,094  
Decrease in FDIC loss sharing asset, net (3,248) (7,059) (10,715) (19,339)
Gain on OREO, net (3) 524 3,129 1,458
Other 759 1,341 2,245 4,400
Total noninterest income 4,957 2,626 19,397 10,174
Noninterest expense:        
Salaries and employee benefits 18,389 17,489 52,777 50,856
Occupancy and equipment 3,641 4,010 10,888 11,582
Professional services 1,316 1,570 4,299 5,666
Software licenses and maintenance 1,077 1,062 3,392 2,960
Promotion 1,105 1,176 3,503 3,741
Provision for unfunded commitments 500   500 0
Amortization of intangibles 127 449 1,002 1,717
Debt termination expense   20,379   20,379
OREO expense 21 405 384 1,458
Insurance reimbursements (4,139) (48) (4,139) (451)
Other 3,677 3,528 12,154 11,273
Total noninterest expense 25,714 50,020 84,760 109,181
Earnings before income taxes 36,966 12,350 105,744 82,299
Income taxes 12,727 3,093 35,424 27,155
Net earnings 24,239 9,257 70,320 55,144
Other comprehensive income/(loss):        
Unrealized gain/(loss) on investment securities arising during the period 421 8,417 (65,129) 12,064
Less: Reclassification adjustment for net gain on investment securities included in net income     (2,094)  
Other comprehensive income (loss), before tax 421 8,417 (67,223) 12,064
Income tax (expense) benefit related to items of other comprehensive income (loss) (176) (3,536) 28,234 (5,068)
Other comprehensive income (loss), net of tax 245 4,881 (38,989) 6,996
Comprehensive income $ 24,484 $ 14,138 $ 31,331 $ 62,140
Basic earnings per common share $ 0.23 $ 0.09 $ 0.67 $ 0.53
Diluted earnings per common share $ 0.23 $ 0.09 $ 0.67 $ 0.53
Cash dividends declared per common share $ 0.100 $ 0.085 $ 0.285 $ 0.255