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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 13,478 $ 4,639
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan and lease losses (4,990) (1,575)
Depreciation and amortization 1,544 1,757
Write down of assets 1,759 1,565
Write down of other real estate, net of gain on sale (33) 534
Amortization of other intangible assets 1,761 1,547
Net amortization of investment securities 3,530 1,433
Share-based compensation 976 128
Net gain on sales of residential loans (2,977) (2,198)
Proceeds from sales of loans held for sale 189,500 196,043
Originations of loans held for sale (158,372) (179,824)
Equity in earnings of unconsolidated subsidiaries (46) (127)
Increase in cash surrender value of bank-owned life insurance (2,009) (1,190)
Net change in other assets and liabilities (17,316) 1,713
Net cash provided by operating activities 26,805 24,445
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available for sale 72,665 114,515
Purchases of investment securities available for sale (232,633) (488,616)
Proceeds from maturities of and calls on investment securities held to maturity 226 880
Net loan principal repayments (loan originations) (21,703) 82,376
Proceeds from sales of other real estate 9,533 6,948
Proceeds from bank-owned life insurance 1,423 158
Purchases of premises and equipment (519) (344)
Distributions from unconsolidated subsidiaries 428 523
Net cash used in investing activities (170,580) (283,560)
Cash flows from financing activities:    
Net increase in deposits 64,275 12,516
Repayments of long-term debt (50,004) (50,218)
Net decrease in short-term borrowings (34) (201,057)
Net proceeds from issuance of common stock and stock option exercises 0 308,317
Net cash provided by financing activities 14,237 69,558
Net decrease in cash and cash equivalents (129,538) (189,557)
Cash and cash equivalents at beginning of period 257,072 790,739
Cash and cash equivalents at end of period 127,534 601,182
Cash paid during the year for:    
Interest 1,787 6,365
Income taxes 0 7
Supplemental disclosure of noncash investing and financing activities:    
Net change in common stock held by directors' deferred compensation plan (35) (16)
Net reclassification of loans to other real estate 544 6,575
Net transfer of loans to loans held for sale 290 0
Dividends accrued on preferred stock 0 969
Accretion of preferred stock discount 0 204
Preferred stock and accrued unpaid dividends converted to common stock 0 142,988
Common stock issued in exchange for preferred stock and accrued unpaid dividends $ 0 $ 56,201