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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest Income      
Interest and fees on loans $ 172,819 $ 171,196 $ 176,129
Interest and dividends on investments:      
Taxable interest 26,807 28,767 29,916
Interest exempt from federal income taxes 997 311 4
Dividends 3,434 1,895 302
Interest on bank deposits 14 12 7
Total interest income 204,071 202,181 206,358
Interest Expense      
Interest on deposits 7,474 12,453 15,596
Interest on short-term borrowings 5,018 2,449 1,262
Interest on subordinated debentures 2,329 2,292 3,128
Interest on other long-term debt 774 1,307 1,721
Total interest expense 15,595 18,501 21,707
Net Interest Income 188,476 183,680 184,651
Provision for credit losses 14,948 11,196 19,227
Net Interest Income after Provision for Credit Losses 173,528 172,484 165,424
Noninterest Income      
Net securities (losses) gains (153) 550 (1,158)
Trust income 5,834 6,000 6,166
Service charges on deposit accounts 15,319 15,661 15,652
Insurance and retail brokerage commissions 8,522 6,483 6,005
Income from bank owned life insurance 5,412 5,502 5,539
Gain on sale of loans 2,819 516 624
Gain on sale of assets 1,457 4,480 1,529
Card related interchange income 14,501 14,222 13,746
Other income 7,614 7,445 12,060
Total noninterest income 61,325 60,859 60,163
Noninterest Expense      
Salaries and employee benefits 89,161 87,223 86,012
Net occupancy 13,712 13,119 13,607
Furniture and equipment 10,737 17,812 15,118
Data processing 6,123 6,124 6,009
Advertising and promotion 2,638 2,953 3,129
Pennsylvania shares tax 4,693 3,776 5,638
Intangible amortization 605 631 1,064
Collection and repossession 2,826 2,754 3,836
Other professional fees and services 4,034 3,986 3,731
FDIC insurance 4,014 4,054 4,366
Loss on sale or write-down of assets 3,112 1,595 1,054
Litigation and operational losses 2,119 6,786 1,115
Loss on early redemption of subordinated debt 0 0 1,629
Conversion related 0 1,788 2,588
Merger and acquisition related 922 0 0
Other operating expenses 19,178 18,609 19,928
Total noninterest expense 163,874 171,210 168,824
Income before income taxes 70,979 62,133 56,763
Income tax provision 20,836 17,680 15,281
Net Income $ 50,143 $ 44,453 $ 41,482
Average Shares Outstanding (in shares) 89,356,767 93,114,654 97,028,157
Average Shares Outstanding Assuming Dilution (in shares) 89,356,767 93,114,654 97,029,832
Per Share Data:      
Basic Earnings Per Share (in dollars per share) $ 0.56 $ 0.48 $ 0.43
Diluted Earnings Per Share (in dollars per share) 0.56 0.48 0.43
Cash Dividends Declared per Common Share (in dollars per share) $ 0.28 $ 0.28 $ 0.23