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CONSOLIDATED STATEMENT OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income    
Loans and leases, including fees $ 645,222 $ 682,455
Deposits at banks 1,884 267
Federal funds sold 16 17
Agreements to resell securities    9
Trading account 427 638
Investment securities    
Fully taxable 73,899 44,760
Exempt from federal taxes 1,504 1,829
Total interest income 722,952 729,975
Interest expense    
NOW accounts 297 322
Savings deposits 11,601 14,037
Time deposits 3,940 8,196
Deposits at Cayman Islands office 208 388
Short-term borrowings 32 231
Long-term borrowings 50,441 50,751
Total interest expense 66,519 73,925
Net interest income 656,433 656,050
Provision for credit losses 32,000 38,000
Net interest income after provision for credit losses 624,433 618,050
Other income    
Mortgage banking revenues 80,049 93,103
Service charges on deposit accounts 104,198 110,949
Trust income 121,252 121,603
Brokerage services income 16,500 15,711
Trading account and foreign exchange gains 6,447 8,927
Total other-than-temporary impairment ("OTTI") losses    (1,884)
Portion of OTTI losses recognized in other comprehensive income (before taxes)    (7,916)
Net OTTI losses recognized in earnings    (9,800)
Equity in earnings of Bayview Lending Group LLC (4,454) (3,656)
Other revenues from operations 96,115 96,045
Total other income 420,107 432,882
Other expense    
Salaries and employee benefits 371,326 356,551
Equipment and net occupancy 71,167 65,159
Printing, postage and supplies 10,956 10,699
Amortization of core deposit and other intangible assets 10,062 13,343
FDIC assessments 15,488 19,438
Other costs of operations 223,272 170,406
Total other expense 702,271 635,596
Income before taxes 342,269 415,336
Income taxes 113,252 141,223
Net income 229,017 274,113
Net income available to common shareholders    
Basic 211,720 255,079
Diluted $ 211,731 $ 255,096
Net income per common share    
Basic $ 1.63 $ 2.00
Diluted $ 1.61 $ 1.98
Cash dividends per common share $ 0.70 $ 0.70
Average common shares outstanding    
Basic 130,212 127,669
Diluted 131,126 128,636