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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Total interest income from loans $ 97,264 $ 108,548 $ 285,251 $ 330,122
Mortgage-backed securities 9,137 10,842 25,724 35,243
Investment securities and other 846 911 2,686 3,910
Total interest income 107,247 120,301 313,661 369,275
Interest expense:        
Deposits 6,651 7,661 20,359 25,804
Securities sold under agreements to repurchase 7,605 7,453 22,163 22,238
Advances from FHLB and other borrowings 2,283 2,314 6,766 6,896
Subordinated capital notes 885 1,002 2,623 2,990
Total interest expense 17,424 18,430 51,911 57,928
Net interest income 89,823 101,871 261,750 311,347
Provision for Loan, Lease, and Other Losses 51,579 17,257 109,311 43,763
Net interest income after provision for loan and lease losses 38,244 84,614 152,439 267,584
Non-interest income:        
Banking service revenues 10,826 9,753 31,243 30,305
Wealth management revenue 6,885 7,113 21,325 21,316
Mortgage banking activities 992 2,097 4,717 5,346
Total Banking and Financial Service Revenues 18,703 18,963 57,285 56,967
Total loss on other-than-temporarily impaired securities (584) 0 (584) 0
Portion of loss on securities recognized in other comprehensive income 338 0 338 0
Net impairment losses recognized in earnings (246) 0 (246) 0
FDIC shared-loss expense, net [Abstract]        
FDIC indemnification asset expense (1,215) (16,059) (35,948) (51,180)
Change in true-up payment obligation expense (864) (875) (2,460) (2,596)
FDIC shared-loss expense, net (2,079) (16,934) (38,408) (53,776)
Reimbursement from FDIC shared-loss coverage in sale of loans 20,000 0 20,000 0
Net gain (loss) on:        
Sale of securities 0 0 2,572 4,366
Derivatives (208) 7 (223) (463)
Other non-interest (loss) income (193) 455 (2,778) 1,133
Total non-interest income, net 35,977 2,491 38,202 8,227
Non-interest expense:        
Compensation and employee benefits 21,015 18,592 60,455 61,086
Professional and service fees 4,000 3,807 12,324 11,525
Occupancy and equipment 8,556 8,770 26,075 25,684
Insurance 2,263 2,099 6,467 6,506
Electronic banking charges 5,496 4,637 16,714 14,085
Information technology related expenses 1,364 1,289 4,360 4,589
Advertising, business promotion, and strategic initiatives 1,577 1,825 4,763 5,274
Foreclosure, repossession and other real estate expenses 16,601 7,842 32,384 20,885
Loan servicing and clearing expenses 1,976 1,870 6,923 5,598
Taxes, other than payroll and income taxes 2,649 3,494 6,831 11,005
Communication 774 820 2,234 2,590
Printing, postage, stationary and supplies 624 620 1,842 1,820
Director and investors relations 246 250 829 794
Other 1,949 3,660 7,658 9,386
Total non-interest expense 69,090 59,575 189,859 180,827
Income before income taxes 5,131 27,530 782 94,984
Income tax expense (benefit) 562 7,998 2,310 30,396
Net (loss) income 4,569 19,532 (1,528) 64,588
Dividends on preferred stock (3,465) (3,465) (10,396) (10,396)
(Loss) Income available to common shareholders $ 1,104 $ 16,067 $ (11,924) $ 54,192
(Loss) Earnings per common share:        
Basic $ 0.03 $ 0.36 $ (0.27) $ 1.2
Diluted $ 0.03 $ 0.34 $ (0.27) $ 1.14
Average common shares outstanding and equivalents 51,146 52,362 51,609 52,440
Cash dividends per share of common stock $ 0.1 $ 0.08 $ 0.3 $ 0.24