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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Non-covered loans $ 87,662 $ 87,655 $ 260,969 $ 259,567
Covered loans 20,886 21,657 69,153 65,884
Total interest income from loans 108,548 109,312 330,122 325,451
Mortgage-backed securities 10,842 9,662 35,243 29,559
Investment securities and other 911 2,127 3,910 6,564
Total interest income 120,301 121,101 369,275 361,574
Interest expense:        
Deposits 7,661 11,334 25,804 30,757
Securities sold under agreements to repurchase 7,453 7,211 22,238 21,569
Advances from FHLB and other borrowings 2,314 2,321 6,896 6,275
Subordinated capital notes 1,002 1,144 2,990 3,973
Total interest expense 18,430 22,010 57,928 62,574
Net interest income 101,871 99,091 311,347 299,000
Provision for Non Covered Loan and Lease Losses 16,142 9,900 39,424 55,343
Provision for Covered Loan and Lease Losses 1,115 3,074 4,339 4,957
Total provision for loan and lease losses 17,257 12,974 43,763 60,300
Net interest income after provision for loan and lease losses 84,614 86,117 267,584 238,700
Non-interest income:        
Banking service revenues 9,753 12,146 30,305 36,491
Wealth management revenue 7,113 7,394 21,316 23,084
Mortgage banking activities 2,097 2,334 5,346 9,299
Total Banking and Financial Service Revenues 18,963 21,874 56,967 68,874
FDIC shared-loss expense, net [Abstract]        
FDIC indemnification asset expense (16,059) (15,198) (51,180) (46,623)
Change in true-up payment obligation expense (875) (767) (2,596) (2,178)
FDIC shared-loss expense, net (16,934) (15,965) (53,776) (48,801)
Net gain (loss) on:        
Sale of securities 0 0 4,366 0
Derivatives 7 (811) (463) (1,746)
Early extinguishment of debt 0 0 0 1,061
Other non-interest income 455 (1,775) 1,133 575
Total non-interest income, net 2,491 3,323 8,227 19,963
Non-interest expense:        
Compensation and employee benefits 18,592 22,590 61,086 69,927
Professional and service fees 3,807 4,409 11,525 16,262
Occupancy and equipment 8,770 8,270 25,684 25,552
Insurance 2,099 1,828 6,506 7,229
Electronic banking charges 4,637 3,694 14,085 11,458
Information technology related expenses 1,289 2,729 4,589 7,708
Advertising, business promotion, and strategic initiatives 1,825 1,471 5,274 4,550
Merger and restructuring charges 0 2,252 0 13,060
Foreclosure, repossession and other real estate expenses 7,842 5,703 20,783 12,603
Loan servicing and clearing expenses 1,870 2,133 5,598 5,493
Taxes, other than payroll and income taxes 3,494 4,024 11,005 11,778
Communication 820 782 2,590 2,481
Printing, postage, stationary and supplies 620 824 1,820 2,841
Director and investors relations 250 230 794 843
Other 3,660 2,295 9,488 6,749
Total non-interest expense 59,575 63,234 180,827 198,534
Income before income taxes 27,530 26,206 94,984 60,129
Income tax expense (benefit) 7,998 6,585 30,396 (18,223)
Net income 19,532 19,621 64,588 78,352
Dividends on preferred stock (3,465) (3,465) (10,396) (10,396)
Income available to common shareholders $ 16,067 $ 16,156 $ 54,192 $ 67,956
Earnings per common share:        
Basic $ 0.36 $ 0.35 $ 1.20 $ 1.49
Diluted $ 0.34 $ 0.34 $ 1.14 $ 1.39
Average common shares outstanding and equivalents 52,362 53,322 52,440 53,053
Cash dividends per share of common stock $ 0.08 $ 0.06 $ 0.24 $ 0.18