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Consolidated Statement of Income (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 and leases, including fees $ 2,704,156 $ 2,522,567 $ 2,394,082
Deposits at banks 1,221 2,934 88
Federal funds sold 21 57 42
Agreements to resell securities   132 404
Trading account 1,126 1,198 615
Investment securities      
Fully taxable 227,116 256,057 324,695
Exempt from federal taxes 8,045 9,142 9,869
Total interest income 2,941,685 2,792,087 2,729,795
Interest expense      
NOW accounts 1,343 1,145 850
Savings deposits 68,011 84,314 85,226
Time deposits 46,102 71,014 100,241
Deposits at Cayman Islands office 1,130 962 1,368
Short-term borrowings 1,286 1,030 3,006
Long-term borrowings 225,297 243,866 271,578
Total interest expense 343,169 402,331 462,269
Net interest income 2,598,516 2,389,756 2,267,526
Provision for credit losses 204,000 270,000 368,000
Net interest income after provision for credit losses 2,394,516 2,119,756 1,899,526
Other income      
Mortgage banking revenues 349,064 166,021 184,625
Service charges on deposit accounts 446,698 455,095 478,133
Trust income 471,852 332,385 122,613
Brokerage services income 59,059 56,470 49,669
Trading account and foreign exchange gains 35,634 27,224 27,286
Gain on bank investment securities 9 150,187 2,770
Total other-than-temporary impairment ("OTTI") losses (32,067) (72,915) (115,947)
Portion of OTTI losses recognized in other comprehensive income (before taxes) (15,755) (4,120) 29,666
Net OTTI losses recognized in earnings (47,822) (77,035) (86,281)
Equity in earnings of Bayview Lending Group LLC (21,511) (24,231) (25,768)
Other revenues from operations 374,287 496,796 355,053
Total other income 1,667,270 1,582,912 1,108,100
Other expense      
Salaries and employee benefits 1,314,540 1,203,993 999,709
Equipment and net occupancy 257,551 249,514 216,064
Printing, postage and supplies 41,929 40,917 33,847
Amortization of core deposit and other intangible assets 60,631 61,617 58,103
FDIC assessments 101,110 100,230 79,324
Other costs of operations 733,499 821,797 527,790
Total other expense 2,509,260 2,478,068 1,914,837
Income before taxes 1,552,526 1,224,600 1,092,789
Income taxes 523,028 365,121 356,628
Net income 1,029,498 859,479 736,161
Net income available to common shareholders      
Basic 953,390 781,743 675,826
Diluted $ 953,429 $ 781,765 $ 675,853
Net income per common share      
Basic $ 7.57 $ 6.37 $ 5.72
Diluted $ 7.54 $ 6.35 $ 5.69