Loans And Allowance For Credit Losses (Tables)

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Loans And Allowance For Credit Losses [Abstract]

Major Portfolio Segment And Specific Loan Class

	December 31,
(In thousands)	2011		2010
Loans held for sale	$	201,590	$	206,286
Commercial:
Commercial and industrial	$	10,393,496	$	9,167,001
Leasing		422,431		410,174
Owner occupied		8,165,993		8,217,363
Municipal		442,060		438,985
Total commercial		19,423,980		18,233,523
Commercial real estate:
Construction and land development		2,276,114		3,499,103
Term		7,906,179		7,649,494
Total commercial real estate		10,182,293		11,148,597
Consumer:
Home equity credit line		2,184,515		2,141,740
1-4 family residential		3,915,008		3,499,149
Construction and other consumer real estate		306,764		343,257
Bankcard and other revolving plans		290,920		296,936
Other		223,181		233,193
Total consumer		6,920,388		6,514,275
FDIC-supported loans		751,091		971,377
Total loans	$	37,277,752	$	36,867,772

Changes In The Allowance For Credit Losses

	December 31, 2011															December 31,
(In thousands)	Commercial			Commercial real estate			Consumer			FDIC- supported1			Total			2010			2009
Allowance for loan losses:
Balance at beginning of year	$	761,107		$	487,235		$	154,326		$	37,673		$	1,440,341		$	1,531,332		$	686,999
Additions:
Provision for loan losses		46,432			(21,940	)		42,720			7,195			74,407			852,138			2,016,927
Adjustment for FDIC-supported loans		–			–			–			(8,851	)		(8,851	)		39,824			2,303
Deductions:
Gross loan and lease charge-offs		(228,026	)		(223,974	)		(88,660	)		(19,497	)		(560,157	)		(1,073,813	)		(1,255,652	)
Recoveries		48,312			34,225			14,729			6,952			104,218			90,860			80,755
Net loan and lease charge-offs		(179,714	)		(189,749	)		(73,931	)		(12,545	)		(455,939	)		(982,953	)		(1,174,897	)
Balance at end of year	$	627,825		$	275,546		$	123,115		$	23,472		$	1,049,958		$	1,440,341		$	1,531,332
Reserve for unfunded lending commitments:
Balance at beginning of year	$	83,352		$	26,373		$	1,983		$	–		$	111,708		$	116,445		$	50,934
Provision charged (credited) to earnings		(6,120	)		(2,801	)		(365	)		–			(9,286	)		(4,737	)		65,511
Balance at end of year	$	77,232		$	23,572		$	1,618		$	–		$	102,422		$	111,708		$	116,445
Total allowance for credit losses:
Allowance for loan losses	$	627,825		$	275,546		$	123,115		$	23,472		$	1,049,958		$	1,440,341		$	1,531,332
Reserve for unfunded lending commitments		77,232			23,572			1,618			–			102,422			111,708			116,445
Total allowance for credit losses	$	705,057		$	299,118		$	124,733		$	23,472		$	1,152,380		$	1,552,049		$	1,647,777

¹  The purchased loans section following contains further discussion related to FDIC-supported loans.

Outstanding Loan Balances According To The Company's Impairment Method

	December 31, 2011
(In thousands)	Commercial		Commercial real estate		Consumer		FDIC- supported		Total
Allowance for loan losses:
Individually evaluated for impairment	$	11,456	$	20,971	$	8,995	$	623	$	42,045
Collectively evaluated for impairment		616,369		254,575		114,120		16,830		1,001,894
Purchased loans with evidence of credit deterioration		–		–		–		6,019		6,019
Total	$	627,825	$	275,546	$	123,115	$	23,472	$	1,049,958
Outstanding loan balances:
Individually evaluated for impairment	$	349,662	$	668,022	$	113,798	$	2,714	$	1,134,196
Collectively evaluated for impairment		19,074,318		9,514,271		6,806,590		638,167		36,033,346
Purchased loans with evidence of credit deterioration		–		–		–		110,210		110,210
Total	$	19,423,980	$	10,182,293	$	6,920,388	$	751,091	$	37,277,752

	December 31, 2010
(In thousands)	Commercial		Commercial real estate		Consumer		FDIC- supported		Total
Allowance for loan losses:
Individually evaluated for impairment	$	53,237	$	37,545	$	6,335	$	–	$	97,117
Collectively evaluated for impairment		707,870		449,690		147,991		30,684		1,336,235
Purchased loans with evidence of credit deterioration		–		–		–		6,989		6,989
Total	$	761,107	$	487,235	$	154,326	$	37,673	$	1,440,341
Outstanding loan balances:
Individually evaluated for impairment	$	544,243	$	1,003,402	$	137,928	$	–	$	1,685,573
Collectively evaluated for impairment		17,689,280		10,145,195		6,376,347		791,587		35,002,409
Purchased loans with evidence of credit deterioration		–		–		–		179,790		179,790
Total	$	18,233,523	$	11,148,597	$	6,514,275	$	971,377	$	36,867,772

Schedule Of Nonaccrual Loans

	December 31,
(In thousands)	2011		2010
Loans held for sale	$	18,216	$	–
Commercial:
Commercial and industrial	$	126,468	$	224,499
Leasing		1,546		801
Owner occupied		239,203		342,467
Municipal		–		2,002
Total commercial		367,217		569,769
Commercial real estate:
Construction and land development		219,837		493,445
Term		156,165		264,305
Total commercial real estate		376,002		757,750
Consumer:
Home equity credit line		18,376		14,047
1-4 family residential		90,857		124,470
Construction and other consumer real estate		12,096		23,719
Bankcard and other revolving plans		346		958
Other		2,498		2,156
Total consumer loans		124,173		165,350
FDIC-supported loans		24,267		35,837
Total	$	891,659	$	1,528,706

Schedule Of Past Due Loans (Accruing And Nonaccruing)

	December 31, 2011
(In thousands)	Current		30-89 days past due		90+ days past due		Total past due		Total loans		Accruing loans 90+ days past due		Nonaccrual loans that are current 1
Loans held for sale	$	183,344	$	–	$	18,246	$	18,246	$	201,590	$	30	$	–
Commercial:
Commercial and industrial	$	10,257,072	$	62,153	$	74,271	$	136,424	$	10,393,496	$	4,966	$	47,939
Leasing		420,636		1,634		161		1,795		422,431		–		1,319
Owner occupied		7,960,717		93,763		111,513		205,276		8,165,993		3,230		85,495
Municipal		442,060		–		–		–		442,060		–		–
Total commercial		19,080,485		157,550		185,945		343,495		19,423,980		8,196		134,753
Commercial real estate:
Construction and land development		2,148,749		21,562		105,803		127,365		2,276,114		2,471		107,991
Term		7,793,013		51,592		61,574		113,166		7,906,179		4,170		88,451
Total commercial real estate		9,941,762		73,154		167,377		240,531		10,182,293		6,641		196,442
Consumer:
Home equity credit line		2,166,277		8,669		9,569		18,238		2,184,515		–		5,542
1-4 family residential		3,839,804		18,985		56,219		75,204		3,915,008		2,833		32,067
Construction and other consumer real estate		295,262		5,008		6,494		11,502		306,764		136		4,773
Bankcard and other revolving plans		287,443		1,984		1,493		3,477		290,920		1,309		122
Other		219,216		1,995		1,970		3,965		223,181		–		372
Total consumer loans		6,808,002		36,641		75,745		112,386		6,920,388		4,278		42,876
FDIC-supported loans		634,334		27,791		88,966		116,757		751,091		74,611		6,812
Total	$	36,464,583	$	295,136	$	518,033	$	813,169	$	37,277,752	$	93,726	$	380,883

	December 31, 2010
(In thousands)	Current		30-89 days past due		90+ days past due		Total past due		Total loans		Accruing loans 90+ days past due		Nonaccrual loans that are current 1
Loans held for sale	$	206,286	$	–	$	–	$	–	$	206,286	$	–	$	–
Commercial:
Commercial and industrial	$	8,938,120	$	100,119	$	128,762	$	228,881	$	9,167,001	$	7,533	$	77,406
Leasing		408,015		1,352		807		2,159		410,174		66		23
Owner occupied		7,905,193		83,658		228,512		312,170		8,217,363		3,876		91,527
Municipal		438,985		–		–		–		438,985		–		2,002
Total commercial		17,690,313		185,129		358,081		543,210		18,233,523		11,475		170,958
Commercial real estate:
Construction and land development		3,172,537		57,891		268,675		326,566		3,499,103		1,916		200,864
Term		7,436,222		85,595		127,677		213,272		7,649,494		4,757		112,447
Total commercial real estate		10,608,759		143,486		396,352		539,838		11,148,597		6,673		313,311
Consumer:
Home equity credit line		2,126,505		7,494		7,741		15,235		2,141,740		–		2,224
1-4 family residential		3,383,420		26,345		89,384		115,729		3,499,149		2,966		34,425
Construction and other consumer real estate		322,341		8,261		12,655		20,916		343,257		532		10,089
Bankcard and other revolving plans		290,879		3,912		2,145		6,057		296,936		1,572		311
Other		227,654		4,586		953		5,539		233,193		–		959
Total consumer loans		6,350,799		50,598		112,878		163,476		6,514,275		5,070		48,008
FDIC-supported loans		804,760		27,256		139,361		166,617		971,377		118,760		15,136
Total	$	35,454,631	$	406,469	$	1,006,672	$	1,413,141	$	36,867,772	$	141,978	$	547,413

¹  Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.

Outstanding Loan Balances Categorized By Credit Quality Indicators

	December 31, 2011
(In thousands)	Pass		Special Mention		Substandard		Doubtful		Total loans		Total allowance
Loans held for sale	$	182,626	$	–	$	18,964	$	–	$	201,590	$	–
Commercial:
Commercial and industrial	$	9,670,781	$	271,845	$	442,139	$	8,731	$	10,393,496
Leasing		405,433		5,878		11,120		–		422,431
Owner occupied		7,488,644		184,821		486,584		5,944		8,165,993
Municipal		426,626		15,434		–		–		442,060
Total commercial		17,991,484		477,978		939,843		14,675		19,423,980	$	627,825
Commercial real estate:
Construction and land development		1,658,946		187,323		426,152		3,693		2,276,114
Term		7,266,423		196,377		437,390		5,989		7,906,179
Total commercial real estate		8,925,369		383,700		863,542		9,682		10,182,293		275,546
Consumer:
Home equity credit line		2,133,277		106		51,089		43		2,184,515
1-4 family residential		3,782,750		5,736		126,277		245		3,915,008
Construction and other consumer real estate		275,603		12,206		16,967		1,988		306,764
Bankcard and other revolving plans		278,669		3,832		8,419		–		290,920
Other		218,755		163		4,256		7		223,181
Total consumer loans		6,689,054		22,043		207,008		2,283		6,920,388		123,115
FDIC-supported loans		500,177		35,877		215,031		6		751,091		23,472
Total	$	34,106,084	$	919,598	$	2,225,424	$	26,646	$	37,277,752	$	1,049,958

	December 31, 2010
(In thousands)	Pass		Special Mention		Substandard		Doubtful		Total loans		Total allowance
Loans held for sale	$	206,286	$	–	$	–	$	–	$	206,286	$	–
Commercial:
Commercial and industrial	$	8,234,515	$	254,369	$	658,400	$	19,717	$	9,167,001
Leasing		395,081		1,170		13,923		–		410,174
Owner occupied		7,358,189		147,562		705,128		6,484		8,217,363
Municipal		436,983		–		2,002		–		438,985
Total commercial		16,424,768		403,101		1,379,453		26,201		18,233,523	$	761,107
Commercial real estate:
Construction and land development		1,921,110		470,431		1,093,772		13,790		3,499,103
Term		6,768,022		252,814		624,196		4,462		7,649,494
Total commercial real estate		8,689,132		723,245		1,717,968		18,252		11,148,597		487,235
Consumer:
Home equity credit line		2,098,365		855		42,349		171		2,141,740
1-4 family residential		3,313,875		7,274		177,963		37		3,499,149
Construction and other consumer real estate		310,209		3,424		29,176		448		343,257
Bankcard and other revolving plans		282,353		4,535		10,040		8		296,936
Other		226,832		111		6,038		212		233,193
Total consumer loans		6,231,634		16,199		265,566		876		6,514,275		154,326
FDIC-supported loans		646,476		45,431		278,044		1,426		971,377		37,673
Total	$	31,992,010	$	1,187,976	$	3,641,031	$	46,755	$	36,867,772	$	1,440,341

Information On Impaired Loans

	December 31, 2011
	Unpaid principal balance		Recorded investment				Total recorded investment		Related allowance		Average recorded investment		Interest income recognized
(In thousands)			with no allowance		with allowance
Commercial:
Commercial and industrial	$	212,263	$	69,492	$	66,438	$	135,930	$	6,373	$	184,280	$	1,967
Owner occupied		258,173		135,555		78,177		213,732		5,083		280,121		2,829
Municipal		–		–		–		–		–		2,937		–
Total commercial		470,436		205,047		144,615		349,662		11,456		467,338		4,796
Commercial real estate:
Construction and land development		405,499		178,113		136,634		314,747		8,925		439,803		5,026
Term		414,998		187,345		165,930		353,275		12,046		398,841		9,113
Total commercial real estate		820,497		365,458		302,564		668,022		20,971		838,644		14,139
Consumer:
Home equity credit line		1,955		384		1,469		1,853		411		1,381		1
1-4 family residential		116,498		58,392		39,960		98,352		7,555		105,794		1,408
Construction and other consumer real estate		13,340		4,537		6,188		10,725		1,026		12,327		84
Bankcard and other revolving plans		–		–		–		–		–		32		–
Other		2,889		2,840		28		2,868		3		3,626		1
Total consumer loans		134,682		66,153		47,645		113,798		8,995		123,160		1,494
FDIC-supported loans		353,195		47,736		65,188		112,924		6,642		144,575		53,954	1
Total	$	1,778,810	$	684,394	$	560,012	$	1,244,406	$	48,064	$	1,573,717	$	74,383

¹  Interest income recognized results primarily from discount accretion on impaired FDIC-supported loans.

	December 31, 2010
	Unpaid principal balance		Recorded investment				Total recorded investment		Related allowance
(In thousands)			with no allowance		with allowance
Commercial:
Commercial and industrial	$	322,674	$	95,316	$	114,959	$	210,275	$	38,021
Owner occupied		430,997		233,418		98,548		331,966		14,743
Municipal		2,002		–		2,002		2,002		473
Total commercial		755,673		328,734		215,509		544,243		53,237
Commercial real estate:
Construction and land development		862,433		478,181		118,663		596,844		16,964
Term		500,956		251,745		154,813		406,558		20,581
Total commercial real estate		1,363,389		729,926		273,476		1,003,402		37,545
Consumer:
Home equity credit line		5,160		3,152		630		3,782		180
1-4 family residential		138,965		91,721		23,811		115,532		5,456
Construction and other consumer real estate		27,308		16,682		1,369		18,051		465
Bankcard and other revolving plans		60		–		30		30		30
Other		629		–		533		533		204
Total consumer loans		172,122		111,555		26,373		137,928		6,335
FDIC-supported loans		547,566		131,680		48,110		179,790		6,989
Total	$	2,838,750	$	1,301,895	$	563,468	$	1,865,363	$	104,106

Investment On Accruing And Nonaccruing Basis By Loan

	December 31, 2011
	Recorded investment resulting from the following modification types:
(In thousands)	Interest rate below market		Maturity or term extension		Principal forgiveness		Payment deferral		Other1		Multiple modification types2		Total
Accruing
Commercial:
Commercial and industrial	$	302	$	7,727	$	–	$	1,955	$	27,370	$	4,517	$	41,871
Owner occupied		1,875		15,224		37		1,008		5,504		20,449		44,097
Total commercial		2,177		22,951		37		2,963		32,874		24,966		85,968
Commercial real estate:
Construction and land development		644		33,284		565		–		28,911		34,862		98,266
Term		2,738		33,885		3,027		23,640		54,031		95,868		213,189
Total commercial real estate		3,382		67,169		3,592		23,640		82,942		130,730		311,455
Consumer:
Home equity credit line		–		–		–		–		32		–		32
1-4 family residential		3,270		1,663		525		–		6,103		34,839		46,400
Construction and other consumer real estate		166		1,444		–		–		635		1,981		4,226
Other		–		28		–		–		–		–		28
Total consumer loans		3,436		3,135		525		–		6,770		36,820		50,686
Total accruing		8,995		93,255		4,154		26,603		122,586		192,516		448,109
Nonaccruing
Commercial:
Commercial and industrial		3,526		6,094		–		1,429		8,384		10,202		29,635
Owner occupied		4,464		1,101		715		6,575		17,070		10,300		40,225
Total commercial		7,990		7,195		715		8,004		25,454		20,502		69,860
Commercial real estate:
Construction and land development		15,088		3,348		19		2,060		7,441		94,502		122,458
Term		3,445		50		–		4,250		4,724		65,316		77,785
Total commercial real estate		18,533		3,398		19		6,310		12,165		159,818		200,243
Consumer:
Home equity credit line		195		–		–		–		253		69		517
1-4 family residential		1,386		85		939		718		1,391		18,476		22,995
Construction and other consumer real estate		18		1,837		–		–		–		355		2,210
Total consumer loans		1,599		1,922		939		718		1,644		18,900		25,722
Total nonaccruing		28,122		12,515		1,673		15,032		39,263		199,220		295,825
Total	$	37,117	$	105,770	$	5,827	$	41,635	$	161,849	$	391,736	$	743,934

¹  Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction; etc.

²  Includes TDRs that resulted from a combination of any of the previous modification types.

Schedule Of Financial Impact On Interest Income Due To Interest Rate Changes For Accruing Troubled Debt Restructurings Loans

(In thousands)	December 31, 2011
Commercial:
Commercial and industrial	$	(46	)
Owner occupied		(1,650	)
Total commercial		(1,696	)
Commercial real estate:
Construction and land development		(244	)
Term		(7,096	)
Total commercial real estate		(7,340	)
Consumer:
1-4 family residential		(10,188	)
Construction and other consumer real estate		(406	)
Total consumer loans		(10,594	)
Total decrease to interest income	$	(19,630	)1

¹  Calculated based on the difference between the modified rate and the pre-modified rate applied to the recorded investment.

Schedule Of Investment Of Accruing And Non Accruing Loans Modified As Troubled Debt Restructurings

	December 31, 2011
(In thousands)	Accruing		Nonaccruing		Total
Commercial:
Commercial and industrial	$	35	$	1,700	$	1,735
Owner occupied		–		441		441
Total commercial		35		2,141		2,176
Commercial real estate:
Construction and land development		–		11,667		11,667
Term		–		5,971		5,971
Total commercial real estate		–		17,638		17,638
Consumer:
1-4 family residential		–		2,745		2,745
Total consumer loans		–		2,745		2,745
Total	$	35	$	22,524	$	22,559

Outstanding Balances Of All Contractually Required Payments And The Related Carrying Amounts For Loans

	December 31,
(In thousands)	2011		2010
Commercial	$	321,515	$	413,783
Commercial real estate		556,197		746,206
Consumer		57,391		79,393
Outstanding balance	$	935,103	$	1,239,382
Carrying amount	$	672,159	$	877,857
ALLL		21,604		35,123
Carrying amount, net	$	650,555	$	842,734

Changes In The Accretable Yield

(In thousands)	2011			2010
Balance at beginning of year	$	277,005		$	161,977
Accretion		(119,752	)		(99,225	)
Reclassification from nonaccretable difference		28,511			183,912
Disposals and other		(1,085	)		30,341
Balance at end of year	$	184,679		$	277,005

Changes In The FDIC Indemnification Asset

(In thousands)	2011			2010
Balance at beginning of year	$	195,516		$	293,308
Amounts filed with the FDIC and collected or in process		2,874	1		(95,664	)
Net change in asset balance due to reestimation of projected cash flows2		(64,580	)		(439	)
Other		–			(1,689	)3
Balance at end of year	$	133,810		$	195,516

¹  The positive amount for December 31, 2011 results from a change by the FDIC in the indemnification submission process. Submitted expenses must be paid, not just incurred, to qualify for reimbursement.

²  Negative amounts result from the accretion of loan balances based on increases in cash flow estimates on the underlying indemnified loans.

³  Amount did not qualify for FDIC reimbursement under the loss sharing agreement.