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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Total interest income from loans $ 81,152 $ 97,483
Mortgage-backed securities 8,997 8,590
Investment Securities 1,157 928
Total interest income 91,306 107,001
Interest expense:    
Deposits 7,124 7,104
Securities sold under agreements to repurchase 6,099 7,164
Advances from FHLB and other borrowings 2,240 2,235
Subordinated capital notes 868 863
Total interest expense 16,331 17,366
Net interest income 74,975 89,635
Provision for Loan, Lease, and Other Losses 13,789 42,193
Net interest income after provision for loan and lease losses 61,186 47,442
Non-interest income:    
Banking service revenues 10,118 10,205
Wealth management revenue 6,152 7,155
Mortgage banking activities 855 1,863
Total Banking and Financial Service Revenues 17,125 19,223
FDIC shared-loss expense, net [Abstract]    
FDIC shared-loss expense, net (4,029) (13,084)
Net gain (loss) on:    
Sale of securities 11,996 2,572
Derivatives (3) (90)
Early extinguishment of debt (12,000) 0
Other non-interest (loss) income 414 (1,740)
Total non-interest income, net 13,503 6,881
Non-interest expense:    
Compensation and employee benefits 20,284 20,180
Professional and service fees 3,626 4,181
Occupancy and equipment 7,822 8,636
Insurance 3,150 1,953
Electronic banking charges 5,589 5,367
Information technology related expenses 1,657 1,454
Advertising, business promotion, and strategic initiatives 1,443 1,629
Foreclosure, repossession and other real estate expenses 2,806 5,447
Loan servicing and clearing expenses 2,081 2,353
Taxes, other than payroll and income taxes 2,671 1,479
Communication 819 691
Printing, postage, stationary and supplies 725 637
Director and investors relations 278 294
Other 1,906 2,031
Total non-interest expense 54,857 56,332
Income before income taxes 19,832 (2,009)
Income tax (benefit) expense 5,661 979
Net (loss) income 14,171 (2,988)
Dividends on preferred stock (3,465) (3,465)
(Loss) Income available to common shareholders $ 10,706 $ (6,453)
(Loss) Earnings per common share:    
Basic $ 0.24 $ (0.14)
Diluted $ 0.24 $ (0.14)
Average common shares outstanding and equivalents 51,064 51,977
Cash dividends per share of common stock $ 0.06 $ 0.1