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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net income $ 56,237 $ 66,145
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for probable loan losses 11,392 2,163
Specific reserve, other real estate owned 741 7,710
Accretion of time deposit discounts   (7)
Depreciation of bank premises and equipment 13,717 16,258
Gain on sale of bank premises and equipment (319) (332)
Gain on sale of other real estate owned (395) (254)
Accretion of investment securities discounts (1,521) (870)
Amortization of investment securities premiums 13,339 10,223
Investment securities transactions, net (2,592) (2,861)
Impairment charges on available-for-sale investment securities 408 415
Amortization of junior subordinated debenture discounts   9
Amortization of identified intangible assets 2,300 2,626
Stock based compensation expense 253 195
Earnings from affiliates and other investments (7,348) (8,980)
Deferred tax expense (benefit) 2,869 (2,283)
Decrease in accrued interest receivable 712 1,691
Net (increase) decrease in other assets (123) 34,476
Net increase in other liabilities 5,138 2,942
Net cash provided by operating activities 94,808 129,266
Investing activities:    
Proceeds from maturities of held-to-maturity securities 1,100 500
Proceeds from sales and calls of available for sale securities 72,383 774,856
Purchases of available for sale securities (792,642) (1,331,496)
Principal collected on mortgage-backed securities 643,667 497,445
Net decrease in loans 94,229 62,252
Purchases of other investments (1,860) (2,173)
Distributions received on other investments 23,006 13,556
Purchases of bank premises and equipment (17,282) (9,018)
Proceeds from sales of other real estate owned 15,066 7,341
Proceeds from sale of bank premises and equipment 2,501 1,109
Net cash provided by investing activities 40,168 14,372
Financing activities:    
Net increase in non-interest bearing demand deposits 108,245 107,280
Net (decrease) increase in savings and interest bearing demand deposits (2,828) 149,421
Net increase (decrease) in time deposits 108,114 (69,367)
Net decrease in securities sold under repurchase agreements (18,631) (9,681)
Net decrease in other borrowed funds (352,066) (270,879)
Repayment of long-term debt   (5,200)
Purchase of treasury stock (971) (2,951)
Proceeds from stock transactions 33 110
Payments of dividends on common stock (13,450) (12,863)
Payments of dividends on preferred stock (5,400) (5,400)
Net cash used in financing activities (176,954) (119,530)
(Decrease) increase in cash and cash equivalents (41,978) 24,108
Cash and cash equivalents at beginning of period 261,885 197,814
Cash and cash equivalents at end of period 219,907 221,922
Supplemental cash flow information:    
Interest paid 42,268 52,494
Income taxes paid 14,719 42,773
Non-cash investing and financing activities:    
Accrued dividends, preferred shares 1,350 1,350
Net transfer from loans to other real estate owned 57,605 42,383
Purchases of available-for-sale securities not yet settled 2,427  
Accrued partial redemption of trust preferred securities, IB Capital Trust I   $ 5,200