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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest Income    
Interest and fees on loans $ 44,614 $ 48,040
Interest and dividends on investments:    
Taxable interest 7,109 8,549
Interest exempt from federal income taxes 1 5
Dividends 36 21
Interest on bank deposits 1 1
Total interest income 51,761 56,616
Interest Expense    
Interest on deposits 4,191 6,247
Interest on short-term borrowings 220 227
Interest on subordinated debentures 1,384 1,433
Interest on other long-term debt 548 539
Total interest on long-term debt 1,932 1,972
Total interest expense 6,343 8,446
Net Interest Income 45,418 48,170
Provision for credit losses 4,497 3,787
Net Interest Income after Provision for Credit Losses 40,921 44,383
Noninterest Income    
Changes in fair value on impaired securities 1,864 1,498
Non-credit related gains on securities not expected to be sold (recognized in other comprehensive income) (1,864) (1,498)
Net impairment losses 0 0
Net securities gains 4 0
Trust income 1,663 1,542
Service charges on deposit accounts 3,401 3,502
Insurance and retail brokerage commissions 1,417 1,424
Income from bank owned life insurance 1,428 1,445
Gain on sale of assets 275 2,115
Card related interchange income 3,188 3,114
Derivatives mark to market 989 606
Other income 2,520 3,632
Total noninterest income 14,885 17,380
Noninterest Expense    
Salaries and employee benefits 21,793 21,758
Net occupancy expense 3,635 3,404
Furniture and equipment expense 3,272 3,184
Data processing expense 1,516 1,563
Pennsylvania shares tax expense 1,190 1,183
Intangible amortization 358 371
Collection and repossession expense 1,151 2,699
Other professional fees and services 969 1,199
FDIC insurance 1,050 1,237
Other operating expenses 6,520 10,154
Total noninterest expense 41,454 46,752
Income Before Income Taxes 14,352 15,011
Income tax provision 3,799 3,960
Net Income $ 10,553 $ 11,051
Average Shares Outstanding (in shares) 99,288,738 104,810,727
Average Shares Outstanding Assuming Dilution (in shares) 99,305,414 104,816,442
Per Share Data:    
Basic Earnings per Share (in dollars per share) $ 0.11 $ 0.11
Diluted Earnings per Share (in dollars per share) $ 0.11 $ 0.11
Cash Dividends Declared per Common Share (in dollars per share) $ 0.05 $ 0.03