Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Loans and leases    
Loans and Leases, total $ 412,048 $ 436,664
Available-for-sale and other securities    
Taxable 48,824 57,651
Tax-exempt 2,199 2,876
Held-to-maturity securities - taxable 4,714 0
Other 12,152 4,686
Total interest income 479,937 501,877
Interest expense    
Deposits 43,780 75,796
Short-term borrowings 583 949
Federal Home Loan Bank advances 222 220
Subordinated notes and other long-term debt 18,143 20,582
Total interest expense 62,728 97,547
Net interest income 417,209 404,330
Provision for credit losses 34,406 49,385
Net interest income after provision for credit losses 382,803 354,945
Service charges on deposit accounts 60,292 54,324
Trust services income 30,906 30,742
Electronic banking income 18,630 28,786
Mortgage banking income 46,418 22,684
Brokerage income 19,260 20,511
Insurance income 18,875 17,945
Bank owned life insurance income 13,937 14,819
Capital markets income 9,982 6,936
Gain (Loss) on sales of loans 26,770 7,207
Automobile operating lease income 3,775 8,847
Net gains on sales of investment securities 624 4,205
Impairment losses on investment securities:    
Impairment losses on investment securities 5,727 9,876
Noncredit-related losses on securities not expected to be sold (recognized in other comprehensive income) (6,964) (14,041)
Net impairment losses on investment securities (1,237) (4,165)
Other income 37,088 24,104
Total noninterest income 285,320 236,945
Personnel costs 243,498 219,028
Outside data processing and other services 42,058 40,282
Net occupancy 29,079 28,436
Equipment 25,545 22,477
Deposit and other insurance expense 20,738 17,896
Marketing 16,776 16,895
Professional services 11,230 13,465
Amortization of intangibles 11,531 13,370
Automobile operating lease expense 2,854 6,836
OREO and foreclosure expense 4,950 3,931
Other expense 54,417 48,083
Total noninterest expense 462,676 430,699
Income before income taxes 205,447 161,191
Provision for income taxes 52,177 34,745
Net income 153,270 126,446
Dividends on preferred shares 8,049 7,703
Net income applicable to common shares $ 145,221 $ 118,743
Average common shares - basic 864,499 863,359
Average common shares - diluted 869,164 867,237
Per common share:    
Net income - basic $ 0.17 $ 0.14
Net income - diluted $ 0.17 $ 0.14
Cash dividends declared, prior period $ 0.04 $ 0.01