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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) $ (543) $ 41,963 $ 6,051
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Provision for loan losses 27,995 20,002 88
Depreciation and amortization 12,300 7,028 228
(Gain) loss on sale of securities, net (674) 645 (11)
Deferred income tax (benefit) expense (23,233) (10,754) 2,561
Discount accretion, net of premium amortization 17,459 5,504 743
Loan accretion (120,034) (75,760) (12,586)
Net gain on sale of mortgage loans (1,214) (1,103) (268)
Proceeds from sales of loans held for sale 49,312 26,801 16,611
Amortization of indemnification asset 13,820 6,132 (1,689)
Bargain purchase gain   (60,520) (37,778)
Gain (loss) on the sale of other real estate owned, net (9,563) (3,063) 432
Impairment on other real estate owned 20,215 1,138  
Stock-based compensation 13,078 12,564 16,613
(Decrease) increase in due to FDIC, net (36,701) 5,844 13,564
Decrease (increase) in other assets 2,143 5,094 (10,038)
(Decrease) increase in other liabilities (42,232) 23,108 (13,589)
Net cash (used in) provided by operating activities (77,872) 4,623 (19,068)
Cash flows from investing activities:      
(Purchase) sale of FHLB of Des Moines stock (4,018) (3,467) 3,024
Sale of FHLB stock 139 12,252  
Purchase of FRB stock   (13,320) (16,800)
Sale of FRB Stock   5,811  
Sales of investment securities available-for-sale 20,794 228,374 69,118
Maturities of investment securities available-for-sale 493,224 269,854  
Maturities of investment securities held-to-maturity 176,650 5  
Purchase and settlement of investment securities available-for-sale (1,131,749) (1,467,361) (460,169)
Purchase and settlement of investment securities held-to-maturity (2,234)    
Net decrease in loans 401,331 399,839 79,626
Purchase of premises and equipment (41,077) (21,823) (950)
Proceeds from sales of other real estate owned 102,941 51,745 8,029
Decrease in FDIC indemnification asset 63,368 82,848  
Net cash provided from acquisitions   636,918 1,492,167
Net cash provided by investing activities 79,369 181,675 1,174,045
Cash flows from financing activities:      
Net decrease in deposits (862,334) (365,500) (146,571)
Increase in repurchase agreements 6,088 18,832  
Repayment of FHLB advances   (133,529) (83,894)
FDIC Clawback liability   14,800 11,571
Payment of dividends (2,616)    
Restricted stock redemptions (1,588) (496)  
(Repurchase) issuance of common stock (4) 2 (127,641)
Net cash used in financing activities (860,454) (465,891) (346,535)
Increase (decrease) in cash and cash equivalents (858,957) (279,593) 808,442
Cash and cash equivalents at beginning of the year 1,628,137 1,907,730 1,099,288
Cash and cash equivalents at end of year 769,180 1,628,137 1,907,730
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest 36,012 46,063 8,503
Cash paid during the year for taxes 45,652 16,772 685
Issuance of warrants     4,845
Issuance of value appreciation rights   1,147 750
Supplemental schedule of non-cash investing activities:      
Loans transferred to other real estate owned at fair value 82,444 52,294 11,604
FDIC indemnification asset claims transferred to other assets 135,213 84,100  
Available-for-sale investment securities transferred to investment securities held-to-maturity 754,063    
Investment trades transacted but not settled     $ 564,094