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CONSOLIDATED STATEMENT OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest income    
Loans and leases, including fees $ 682,455 $ 648,514
Deposits at banks 267 213
Federal funds sold 17 3
Agreements to resell securities 9  
Trading account 638 317
Investment securities    
Fully taxable 44,760 62,964
Exempt from federal taxes 1,829 2,084
Total interest income 729,975 714,095
Interest expense    
NOW accounts 322 283
Savings deposits 14,037 18,183
Time deposits 8,196 13,509
Deposits at Cayman Islands office 388 213
Short-term borrowings 231 303
Long-term borrowings 50,751 61,215
Total interest expense 73,925 93,706
Net interest income 656,050 620,389
Provision for credit losses 38,000 49,000
Net interest income after provision for credit losses 618,050 571,389
Other income    
Mortgage banking revenues 93,103 56,192
Service charges on deposit accounts 110,949 108,889
Trust income 121,603 116,953
Brokerage services income 15,711 13,901
Trading account and foreign exchange gains 8,927 10,571
Gain on bank investment securities   45
Total other-than-temporary impairment ("OTTI") losses (1,884) (20,040)
Portion of OTTI losses recognized in other comprehensive income (before taxes) (7,916) 8,554
Net OTTI losses recognized in earnings (9,800) (11,486)
Equity in earnings of Bayview Lending Group LLC (3,656) (4,752)
Other revenues from operations 96,045 86,410
Total other income 432,882 376,723
Other expense    
Salaries and employee benefits 356,551 346,098
Equipment and net occupancy 65,159 65,043
Printing, postage and supplies 10,699 11,872
Amortization of core deposit and other intangible assets 13,343 16,774
FDIC assessments 19,438 28,949
Other costs of operations 170,406 170,959
Total other expense 635,596 639,695
Income before taxes 415,336 308,417
Income taxes 141,223 101,954
Net income 274,113 206,463
Net income available to common shareholders    
Basic 255,079 188,236
Diluted $ 255,096 $ 188,241
Net income per common share    
Basic $ 2.00 $ 1.50
Diluted $ 1.98 $ 1.50
Cash dividends per common share $ 0.70 $ 0.70
Average common shares outstanding    
Basic 127,669 125,220
Diluted 128,636 125,616