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Quarterly Results of Operations (Unaudited)

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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

27. Quarterly Results of Operations (Unaudited)

 

       The following is a summary of the quarterly results of operations, for the years ended December 31, 2013 and 2012:

    2013  
(dollar amounts in thousands, except per share data)   Fourth     Third     Second     First  
                         
Interest income $ 469,824   $ 462,912   $ 462,582   $ 465,319  
Interest expense   39,175     38,060     37,645     41,149  
Net interest income   430,649     424,852     424,937     424,170  
Provision for credit losses   24,331     11,400     24,722     29,592  
Noninterest income   249,892     253,767     251,919     256,618  
Noninterest expense   446,009     423,336     445,865     442,793  
Income before income taxes   210,201     243,883     206,269     208,403  
Provision for income taxes   52,029     65,047     55,269     55,129  
Net income   158,172     178,836     151,000     153,274  
Dividends on preferred shares   7,965     7,967     7,967     7,970  
Net income applicable to common shares $ 150,207   $ 170,869   $ 143,033   $ 145,304  
                         
Net income per common share -- Basic $ 0.18   $ 0.21   $ 0.17   $ 0.17  
Net income per common share -- Diluted   0.18     0.20     0.17     0.17  
                         
                         
                         
    2012  
(dollar amounts in thousands, except per share data)   Fourth     Third     Second     First  
                         
Interest income $ 478,995   $ 483,787   $ 487,544   $ 479,937  
Interest expense   44,940     53,489     58,582     62,728  
Net interest income   434,055     430,298     428,962     417,209  
Provision for credit losses   39,458     37,004     36,520     34,406  
Noninterest income   299,499     262,916     256,738     287,168  
Noninterest expense   470,628     458,303     444,269     462,676  
Income before income taxes   223,468     197,907     204,911     207,295  
Provision for income taxes   58,890     32,840     53,835     56,726  
Net income   164,578     165,067     151,076     150,569  
Dividends declared on preferred shares   7,973     7,983     7,984     8,049  
Net income applicable to common shares $ 156,605   $ 157,084   $ 143,092   $ 142,520  
                         
Net income per common share -- Basic $ 0.18   $ 0.18   $ 0.17   $ 0.16  
Net income per common share -- Diluted   0.18     0.18     0.16     0.16