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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income:        
Interest and fees on loans and leases $ 24,241 $ 25,962 $ 73,642 $ 80,992
Interest and dividends on investment securities:        
Taxable interest 6,641 7,918 21,844 20,380
Tax-exempt interest 704 186 1,347 549
Dividends 4 5 11 8
Interest on deposits in other banks 84 259 212 948
Total interest income 31,674 34,330 97,056 102,877
Interest on deposits:        
Demand 83 113 258 406
Savings and money market 232 459 783 1,691
Time 869 1,499 2,904 5,778
Interest on short-term borrowings       204
Interest on long-term debt 930 2,430 2,790 7,789
Total interest expense 2,114 4,501 6,735 15,868
Net interest income 29,560 29,829 90,321 87,009
Provision (credit) for loan and lease losses (4,982) (19,116) (16,602) (29,475)
Net interest income after provision for loan and lease losses 34,542 48,945 106,923 116,484
Other operating income:        
Service charges on deposit accounts 2,130 2,501 6,719 7,564
Other service charges and fees 4,538 4,451 13,115 12,953
Income from fiduciary activities 662 636 1,930 2,136
Equity in earnings of unconsolidated subsidiaries 171 136 386 301
Fees on foreign exchange 165 198 447 484
Investment securities gains 789   789 261
Loan placement fees 114 164 547 348
Net gain on sales of residential loans 4,713 1,177 11,084 4,380
Income from bank-owned life insurance 741 866 2,274 3,036
Other 1,906 1,380 5,484 3,483
Total other operating income 15,929 11,509 42,775 34,946
Other operating expense:        
Salaries and employee benefits 17,256 15,856 51,511 46,331
Net occupancy 3,629 3,466 10,159 10,234
Equipment 1,030 1,348 3,008 3,632
Amortization and impairment of other intangible assets 2,698 1,709 7,490 4,885
Communication expense 872 828 2,542 2,631
Legal and professional services 2,772 3,230 10,635 9,970
Computer software expense 959 894 2,852 2,706
Advertising expense 906 842 2,632 2,508
Foreclosed asset expense 2,863 835 5,358 1,598
Write down of assets 827 (31) 2,586 4,624
Loss on early extinguishment of debt   6,234   6,234
Other 5,938 13,617 15,914 31,601
Total other operating expense 39,750 48,828 114,687 126,954
Income before income taxes 10,721 11,626 35,011 24,476
Net income 10,721 11,626 35,011 24,476
Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock       (83,897)
Net income available to common shareholders $ 10,721 $ 11,626 $ 35,011 $ 108,373
Per common share data:        
Basic earnings per share (in dollars per share) $ 0.26 $ 0.28 $ 0.84 $ 3.19
Diluted earnings per share (in dollars per share) $ 0.26 $ 0.28 $ 0.83 $ 3.16
Shares used in computation:        
Basic shares (in shares) 41,764 41,625 41,704 33,957
Diluted shares (in shares) 42,016 41,672 41,961 34,272