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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Loans, including fees $ 924,639 $ 1,019,036 $ 1,170,941
Investment securities available for sale 68,440 108,328 131,664
Trading account assets 963 925 843
Mortgage loans held for sale 6,201 6,195 8,654
Federal Reserve Bank balances 3,451 6,660 7,986
Other erning assets 446 612 493
Total interest income 1,004,140 1,141,756 1,320,581
Interest expense:      
Deposits 95,749 173,885 288,327
Federal funds purchased and securities sold under repurchase agreements 614 1,063 1,921
Long-term debt 53,660 42,654 44,000
Total interest expense 150,023 217,602 334,248
Net interest income 854,117 924,154 986,333
Provision for loan losses 320,369 418,795 1,131,274
Net interest income (expense) after provision for loan losses 533,748 505,359 (144,941)
Non-interest income:      
Service charges on deposit accounts 78,203 78,770 105,114
Fiduciary and asset management fees 42,503 45,809 44,142
Brokerage revenue 26,913 26,006 28,184
Mortgage banking income 32,272 20,316 33,334
Bankcard fees 34,075 41,493 41,420
Investment securities gains (losses), net 39,142 75,007 (1,271)
Other fee income 21,138 19,953 21,129
Increase (decrease) in fair value of private equity investments, net 8,233 (1,118) 7,203
Other non-interest income 31,487 32,638 26,092
Total non-interest income 313,966 338,874 305,347
Non-interest expense:      
Salaries and other personnel expense 375,872 371,148 418,629
Net occupancy and equipment expense 105,575 114,037 122,046
FDIC insurance and other regulatory fees 45,408 59,063 69,480
Foreclosed real estate expense, net 90,655 133,570 163,630
(Gains) losses on other loans held for sale, net 4,681 (2,737) 3,050
Professional fees 41,307 40,585 45,554
Data processing expense 33,440 35,757 45,478
Visa indemnification charge (recovery) 6,304 6,038   
Restructuring charges 5,412 30,665 5,538
Loss (gain) on curtailment of post-retirement health benefit 0 398 (7,092)
Other operating expenses 107,583 115,241 143,263
Total non-interest expense 816,237 903,765 1,009,576
Loss from continuing operations before income taxes 31,477 (59,532) (849,170)
Income tax expense (benefit) (798,732) 1,312 (15,151)
Loss from continuing operations 830,209 (60,844) (834,019)
Income from discontinued operations, net of income taxes 0 0 43,162
Net income (loss) 830,209 (60,844) (790,857)
Net (loss) income available to non-controlling interest 0 (220) (179)
Net loss attributable to controlling interest 830,209 (60,624) (790,678)
Dividends and accretion of discount on preferred stock 58,703 58,088 57,510
Net loss attributable to common shareholders $ 771,506 $ (118,712) $ (848,188)
Net income (loss) per common share, basic:      
Net income (loss) from continuing operations attributable to common shareholders (per share) $ 0.98 $ (0.15) $ (1.30)
Net income (loss) attributable to common shareholders (per share) $ 0.98 $ (0.15) $ (1.24)
Net income (loss) per common share, diluted:      
Net income (loss) from continuing operations attributable to common shareholders (per share) $ 0.85 $ (0.15) $ (1.30)
Net income (loss) attributable to common shareholders (per share) $ 0.85 $ (0.15) $ (1.24)
Weighted average common shares outstanding, basic 786,466 785,272 685,186
Weighted average common shares outstanding, diluted 910,102 785,272 685,186