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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest Income    
Interest and fees on loans$ 49,109$ 56,051$ 149,371$ 170,826
Interest and dividends on investments:    
Taxable interest8,4449,19325,37629,324
Interest exempt from federal income taxes97212084,711
Dividends11134059
Interest on bank deposits2746377
Total interest income57,60065,982175,058204,997
Interest Expense    
Interest on deposits8,09712,19426,72638,841
Interest on short-term borrowings1882845511,752
Interest on subordinated debentures1,3871,4294,1564,194
Interest on other long-term debt4489791,3913,420
Total interest on long-term debt1,8352,4085,5477,614
Total interest expense10,12014,88632,82448,207
Net Interest Income47,48051,096142,234156,790
Provision for credit losses6,9754,52229,90453,552
Net Interest Income after Provision for Credit Losses40,50546,574112,330103,238
Noninterest Income    
Change in fair value on impaired securities(2,535)(5,787)(218)(7,114)
Non-credit related losses (gains) on securities not expected to be sold (recognized in other comprehensive income)2,5351,497218(2,036)
Net impairment losses0(4,290)0(9,150)
Net securities gains01,4302,1852,412
Trust income1,6031,4865,0854,378
Service charges on deposit accounts3,8364,30211,01013,057
Insurance and retail brokerage commissions1,6981,6004,8765,328
Income from bank owned life insurance1,4111,3774,1583,935
Income from other real estate owned1,02401,4390
Gain on sale of assets7902152,272628
Card related interchange income3,0532,6898,8957,695
Credit risk on interest rate swaps(5,108)(542)(5,643)(836)
Other income2,4922,6127,9147,532
Total noninterest income10,79910,87942,19134,979
Noninterest Expense    
Salaries and employee benefits20,41820,61763,09263,991
Net occupancy expense3,5063,31710,73310,749
Furniture and equipment expense3,0923,0849,4079,350
Data processing expense1,5331,3674,4824,282
Pennsylvania shares tax expense1,4341,4684,0463,982
Intangible amortization3844081,1631,641
Collection and repossession expense1,9611,2095,0032,926
Other professional fees and services1,7067193,9302,947
FDIC insurance1,1772,0144,2605,989
Loss on sale or write-down of assets159924,6742,489
Loan processing fees8514411,8321,199
Other operating expenses4,9006,19515,62818,303
Total noninterest expense41,12140,931128,250127,848
Income Before Income Taxes10,18316,52226,27110,369
Income tax provision (benefit)1,8575,8635,280(664)
Net Income$ 8,326$ 10,659$ 20,991$ 11,033
Average Shares Outstanding104,728,91597,199,306104,678,23389,380,112
Average Shares Outstanding Assuming Dilution104,728,91597,203,753104,678,43689,382,588
Per Share Data:    
Basic Earnings per Share$ 0.08$ 0.11$ 0.20$ 0.12
Diluted Earnings per Share$ 0.08$ 0.11$ 0.20$ 0.12
Cash Dividends Declared per Common Share$ 0.03$ 0.01$ 0.09$ 0.05