Fair Value (Tables)

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Summary of Quantitative Information Relating to the Principal Valuation Techniques and Significant Unobservable Inputs for Level 3 [Table Text Block]



	Level 3 Instruments
	Quantitative information at December 31, 2013
(Dollar amounts in thousands)	Fair value		Principal valuation techniques	Significant unobservable inputs	Range of inputs (% annually)
Asset-backed securities:
Trust preferred – predominantly banks	$	921,819	Discounted cash flow Market comparables	Constant prepayment rate	until 2016 – 5.50% to 20.73%
					2016 to maturity – 3.0%
				Constant default rate	yr 1 – 0.30% to 1.94%
					yrs 2-5 – 0.49% to 1.14%
					yrs 6 to maturity – 0.58% to 0.65%
				Loss given default	100%
				Loss given deferral	14.39% to 100%
				Discount rate (spread over forward LIBOR)	5.6% to 7.7%

Trust preferred – predominantly insurance	346,390		Discounted cash flow Market comparables	Constant prepayment rate	until maturity – 5.0%
				Constant default rate	yr 1 – 0.38% to 1.03%
					yrs 2-5 – 0.53% to 0.89%
					yrs 6 to maturity – 0.50% to 0.55%
				Loss given default	100%
				Loss given deferral	2.18% to 30.13%
				Discount rate (spread over forward LIBOR)	3.72% to 6.49%

Trust preferred – individual banks	22,324		Market comparables	Yield	6.6% to 7.8%
				Price	81.25% to 109.6%

Trust preferred – real estate investment trust	22,996		Discounted cash flow Market comparables	Constant prepayment rate	until maturity – 0.0%
				Constant default rate	yr 1 – 4.1% to 10.6%
					yrs 2-3 – 4.6% to 5.5%
					yrs 4-6 – 1.0%
					yrs 7 to maturity – 0.50%
				Loss given default	60% to 100%
				Discount rate (spread over forward LIBOR)	5.5% to 15%

Other (predominantly ABS CDOs)	25,800		Discounted cash flow	Constant default rate	0.01% to 100%
				Loss given default	70% to 92%
				Discount rate (spread over forward LIBOR)	9% to 22%



	Level 3 Instruments
	Quantitative information at December 31, 2012
(Dollar amounts in thousands)	Fair value		Principal valuation techniques	Significant unobservable inputs	Range of inputs (% annually)
Asset-backed securities:
Trust preferred – predominantly banks	$	798,458	Discounted cash flow Market comparables	Constant prepayment rate	until 2016 – 10.0% to 21.24%
					2016 to maturity – 3.0%
				Constant default rate	yr 1 – 0.30% to 1.97%
					yrs 2-5 – 0.47% to 0.67%
					yrs 6 to maturity – 0.58% to 0.68%
				Loss given default	100%
				Loss given deferral	9.69% to 100%
				Discount rate (spread over forward LIBOR)	7.7% to 13.4%

Trust preferred – predominantly insurance	256,104		Discounted cash flow Market comparables	Constant prepayment rate	until maturity – 4.5%
				Constant default rate	yr 1 – 0.30% to 0.32%
					yrs 2-5 – 0.47% to 0.50%
					yrs 6 to maturity – 0.50% to 0.54%
				Loss given default	100%
				Loss given deferral	2.18%
				Discount rate (spread over forward LIBOR)	3.75% to 16.21%

Trust preferred – individual banks	20,910		Market comparables	Yield	9.4% to 9.7%
				Price	73.1% to 108.0%

Trust preferred – real estate investment trust	16,403		Discounted cash flow Market comparables	Constant prepayment rate	until maturity – 0.0%
				Constant default rate	yr 1 – 5.1% to 8.6%
					yrs 2-3 – 4.2% to 7.1%
					yrs 4-6 – 1.0%
					yrs 7 to maturity – 0.50%
				Loss given default	60% to 100%
				Discount rate (spread over forward LIBOR)	6.5% to 23%

Other (predominantly ABS CDOs)	15,160		Discounted cash flow	Constant default rate	0.01% to 100%
				Loss given default	70% to 92%
				Discount rate (spread over forward LIBOR)	9% to 22%

Transfers between fair value levels [Table Text Block]



	December 31, 2013	December 31, 2012
Transfers of assets and liabilities occurring among Levels 1, 2 or 3	—	—



	December 31, 2013
	Fair value	Principal valuation techniques	Significant unobservable inputs	Range of inputs (% annually)
	Fair value	Principal valuation techniques	Significant unobservable inputs		Minimum		Maximum		Single Rate
Trust preferred - predominantly banks	921,819	Discounted Cash flow	Constant prepayment rate	Until 2016	5.50	%	20.73	%
		Market comparables		2016 to maturity					3.00	%
			Constant default rate	Year 1	0.30	%	1.94	%
				Years 2-5	0.49	%	1.14	%
				Years 6 to maturity	0.58	%	0.65	%
			Loss given default						100	%
			Loss given deferral		14.39	%	100	%
			Discount rate (spread over forward LIBOR)		5.60	%	7.70	%
Trust preferred - predominantly Insurance	346,390	Discounted cash flow	Constant prepayment rate	Until maturity					5.0	%
		Market comparables	Constant default rate	Year 1	0.38	%	1.03	%
				Years 2-5	0.53	%	0.89	%
				Years 6 to maturity	0.50	%	0.55	%
			Loss given default						100	%
			Loss given deferral		2.18	%	30.13	%
			Discount rate (spread over forward LIBOR)		3.72	%	6.49	%
Trust preferred - individual banks	22,323	Market comparables	Yield		6.60	%	7.80	%
			Price		81.25	%	109.60	%
Trust Preferred - real estate investment trust	22,996	Discounted cash flow	Constant prepayment rate	Until maturity					—	%



		Market comparables	Constant default rate	Year 1	4.10	%	10.60	%
				Years 2-3	4.60	%	5.50	%
				Years 4-6					1.0	%
				Years 7 to maturity					0.50	%
			Loss given default		60	%	100	%
			Discount rate (spread over forward LIBOR)		5.5	%	15	%
Other (predominantly ABS CODs)	25,800	Discounted cash flow	Constant prepayment rate		Weighted average life of security
			Constant default rate		0.01	%	100	%
			Loss given default		70	%	92	%
			Discount rate (spread over forward LIBOR)		9	%	22	%



	December 31, 2012
	Fair value	Principal valuation techniques	Significant unobservable inputs	Range of inputs (% annually)
	Fair value	Principal valuation techniques	Significant unobservable inputs		Minimum		Maximum		Single Rate
Trust preferred - predominantly banks	798,458	Discounted Cash flow	Constant prepayment rate	Until 2016	10.00	%	21.24	%
		Market comparables		2016 to maturity					3.00	%
			Constant default rate	Year 1	0.30	%	1.97	%
				Years 2-5	0.47	%	0.67	%
				Years 6 to maturity	0.58	%	0.68	%
			Loss given default						100	%
			Loss given deferral		9.69	%	100	%
			Discount rate (spread over forward LIBOR)		7.70	%	13.40	%
Trust preferred - predominantly Insurance	256,104	Discounted cash flow	Constant prepayment rate	Until maturity					4.5	%
		Market comparables	Constant default rate	Year 1	0.30	%	0.32	%
				Years 2-5	0.47	%	0.50	%



				Years 6 to maturity	0.50	%	0.54	%
			Loss given default						100	%
			Loss given deferral						2.2	%
			Discount rate (spread over forward LIBOR)		3.75	%	16.21	%
Trust preferred - individual banks	20,910	Market comparables	Yield		9.40	%	9.70	%
			Price		73.10	%	108.00	%
Trust Preferred - real estate investment trust	16,403	Discounted cash flow	Constant prepayment rate	Until maturity					—	%
		Market comparables	Constant default rate	Year 1	5.10	%	8.60	%
				Years 2-3	4.20	%	7.10	%
				Years 4-6					1.0	%
				Years 7 to maturity					0.50	%
			Loss given default		60	%	100	%
			Discount rate (spread over forward LIBOR)		6.5	%	23	%
Other (predominantly ABS CODs)	25,800	Discounted cash flow	Constant prepayment rate		Weighted average life of security
			Constant default rate		0.01	%	100	%
			Loss given default		70	%	92	%
			Discount rate (spread over forward LIBOR)		9	%	22	%

Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis



	December 31, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
ASSETS
Investment securities:
Available-for-sale:
U.S. Treasury, agencies and corporations			$	2,059,105			$	2,059,105
Municipal securities			55,602		$	10,662	66,264
Asset-backed securities:
Trust preferred – banks and insurance					1,238,820		1,238,820
Trust preferred – real estate investment trusts					22,996		22,996
Auction rate					6,599		6,599
Other (including ABS CDOs)			2,099		25,800		27,899
Mutual funds and other	$	259,750	20,453				280,203
	259,750		2,137,259		1,304,877		3,701,886
Trading account			34,559				34,559
Other noninterest-bearing investments:
Bank-owned life insurance			466,428				466,428
Private equity			4,822		82,410		87,232
Other assets:
Derivatives:
Interest rate related and other			1,100				1,100
Interest rate swaps for customers			55,447				55,447
Foreign currency exchange contracts	9,614						9,614
	9,614		56,547				66,161
	$	269,364	$	2,699,615	$	1,387,287	$	4,356,266
LIABILITIES
Securities sold, not yet purchased	$	73,606					$	73,606
Other liabilities:
Derivatives:
Interest rate related and other			$	1,004			1,004
Interest rate swaps for customers			54,688				54,688
Foreign currency exchange contracts	8,643						8,643
Total return swap					$	4,062	4,062
	8,643		55,692		4,062		68,397
Other					241		241
	$	82,249	$	55,692	$	4,303	$	142,244



	December 31, 2012
(In thousands)	Level 1		Level 2		Level 3		Total
ASSETS
Investment securities:
Available-for-sale:
U.S. Treasury, agencies and corporations	$	102,982	$	1,692,637			$	1,795,619
Municipal securities			59,445		$	16,551	75,996
Asset-backed securities:
Trust preferred – banks and insurance			121		949,271		949,392
Trust preferred – real estate investment trusts					16,403		16,403
Auction rate					6,515		6,515
Other (including ABS CDOs)			4,214		15,160		19,374
Mutual funds and other	219,214		8,797				228,011
	322,196		1,765,214		1,003,900		3,091,310
Trading account			28,290				28,290
Other noninterest-bearing investments:
Bank-owned life insurance			455,719				455,719
Private equity			5,132		64,223		69,355
Other assets:
Derivatives:
Interest rate related and other			2,850				2,850
Interest rate swaps for customers			79,579				79,579
Foreign currency exchange contracts	4,404						4,404
	4,404		82,429				86,833
	$	326,600	$	2,336,784	$	1,068,123	$	3,731,507
LIABILITIES
Securities sold, not yet purchased	$	26,735					$	26,735
Other liabilities:
Derivatives:
Interest rate related and other			$	1,142			1,142
Interest rate swaps for customers			82,926				82,926
Foreign currency exchange contracts	3,159						3,159
Total return swap					$	5,127	5,127
	3,159		84,068		5,127		92,354
Other					124		124
	$	29,894	$	84,068	$	5,251	$	119,213

Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis Using Level 3 Inputs



	Level 3 Instruments
	Year Ended December 31, 2013
(In thousands)	Municipal securities			Trust preferred – banks and insurance			Trust preferred – REIT			Auction rate		Other asset-backed			Private equity investments			Derivatives			Other liabilities

Balance at December 31, 2012	$	16,551		$	949,271		$	16,403		$	6,515	$	15,160		$	64,223		$	(5,127	)	$	(124	)
Total net gains (losses) included in:
Statement of income:
Accretion of purchase discount on securities available-for-sale	41			3,166			254			3		82
Dividends and other investment income															6,662
Fair value and nonhedge derivative loss																		(21,753		)
Equity securities gains, net															3,732
Fixed income securities gains (losses), net	239			(3,160		)	(201		)			55
Net impairment losses on investment securities				(136,221		)	(17,430		)			(11,080		)
Other noninterest expense																					(117		)
Other comprehensive income (loss)	1,540			377,357			24,081			81		6,950
Purchases															10,548
Sales				(66,303		)	(111		)			(1		)	(2,244		)
Redemptions and paydowns	(7,709		)	(60,989		)						(5,780		)	(511		)	22,818
Reclassifications				175,699								20,414
Balance at December 31, 2013	$	10,662		$	1,238,820		$	22,996		$	6,599	$	25,800		$	82,410		$	(4,062	)	$	(241	)



	Level 3 Instruments
	Year Ended December 31, 2012
(In thousands)	Municipal securities			Trust preferred – banks and insurance			Trust preferred – REIT			Auction rate			Other asset-backed			Private equity investments			Derivatives			Other liabilities

Balance at December 31, 2011	$	17,381		$	929,356		$	18,645		$	70,020		$	43,546		$	62,327		$	(5,422	)	$	(86	)
Total net gains (losses) included in:
Statement of income:
Accretion of purchase discount on securities available-for-sale	102			7,126			224			4			232
Dividends and other investment income																10,399
Fair value and nonhedge derivative loss																			(21,707		)
Equity securities gains, net																11,478
Fixed income securities gains (losses), net	9			20,906						4,161			(5,762		)
Net impairment losses on investment securities				(96,707		)
Other noninterest expense																						(38		)
Other comprehensive income (loss)	(291		)	218,001			(2,466		)	1,330			8,343
Purchases																9,043
Sales																(15,872		)
Redemptions and paydowns	(650		)	(129,411		)				(69,000		)	(31,199		)	(13,152		)	22,002
Balance at December 31, 2012	$	16,551		$	949,271		$	16,403		$	6,515		$	15,160		$	64,223		$	(5,127	)	$	(124	)

Schedule Of Realized Gains (Losses) Using Level 3 Inputs



(In thousands)	Year Ended December 31,
(In thousands)	2013			2012

Dividends and other investment income	$	(133	)	$	1,635
Equity securities gains (losses), net	(2,452		)	10,359
Fixed income securities gains (losses), net	(3,067		)	19,314

Schedule Of Assets With Fair Value Changes On Nonrecurring Basis



(In thousands)	Fair value at December 31, 2013								Gains (losses) from fair value changes Year Ended December 31, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
ASSETS
HTM securities adjusted for OTTI	$	—	$	—	$	8,483	$	8,483		$	(403	)
Private equity investments, carried at cost	—		—		13,270		13,270			(5,700		)
Impaired loans	—		11,765		—		11,765			(1,575		)
Other real estate owned	—		24,684		—		24,684			(13,158		)
	$	—	$	36,449	$	21,753	$	58,202		$	(20,836	)



(In thousands)	Fair value at December 31, 2012								Gains (losses) from fair value changes Year Ended December 31, 2012
(In thousands)	Level 1		Level 2		Level 3		Total
ASSETS
HTM securities adjusted for OTTI	$	—	$	—	$	23,524	$	23,524		$	(7,423	)
Private equity investments, carried at cost	—		—		13,520		13,520			(2,176		)
Impaired loans	—		44,448		—		44,448			(4,300		)
Other real estate owned	—		58,954		—		58,954			(20,641		)
	$	—	$	103,402	$	37,044	$	140,446		$	(34,540	)

Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments



	December 31, 2013					December 31, 2012
(Amounts in thousands)	Carrying value		Estimated fair value		Level	Carrying value		Estimated fair value		Level
Financial assets:
HTM investment securities	$	588,981	$	609,547	3	$	756,909	$	674,741	3
Loans and leases (including loans held for sale), net of allowance	38,468,402		38,088,242		3	37,020,811		37,024,198		3
Financial liabilities:
Time deposits	2,593,038		2,602,955		2	2,962,931		2,988,714		2
Foreign deposits	1,980,161		1,979,805		2	1,804,060		1,803,625		2
Other short-term borrowings	—		—		2	5,409		5,421		2
Long-term debt (less fair value hedges)	2,269,762		2,423,643		2	2,329,323		2,636,422		2

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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