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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income:      
Interest and fees on loans $ 654,430 $ 697,934 $ 769,748
Interest on investment securities 118,106 114,325 141,853
Interest on loans held for sale 15,910 18,767 25,811
Interest on trading securities 43,191 46,384 53,162
Interest on other earning assets 800 2,876 2,365
Total interest income 832,437 880,286 992,939
Interest expense:      
Savings 26,963 31,308 38,886
Time deposits 29,274 38,600 60,857
Other interest-bearing deposits 6,247 8,846 5,012
Certificates of deposit $100,000 and more 9,817 13,006 27,709
Interest on trading liabilities 14,958 18,090 20,869
Interest on short-term borrowings 5,838 7,435 12,955
Interest on term borrowings 38,508 32,163 50,183
Total interest expense 131,605 149,448 216,471
Net interest income 700,832 730,838 776,468
Provision for loan losses 44,000 270,000 880,000
Net interest income/(loss) after provision for loan losses 656,832 460,838 (103,532)
Noninterest income:      
Capital markets 355,291 424,034 632,093
Deposit transactions and cash management 134,055 143,176 162,562
Mortgage banking 90,586 167,364 235,450
Trust services and investment management 24,952 25,674 26,171
Brokerage management fees and commissions 23,534 24,536 26,862
Insurance commissions 3,591 3,640 4,879
Debt securities gains/(losses), net 772 374  
Equity securities gains/(losses), net 35,392 10,548 (1,178)
Losses on divestitures     (1,704)
All other income and commissions (Note 14) 117,838 133,379 149,262
Total noninterest income 786,011 932,725 1,234,397
Adjusted gross income after provision for loan losses 1,442,843 1,393,563 1,130,865
Noninterest expense:      
Employee compensation, incentives, and benefits 610,225 672,007 755,167
Repurchase and foreclosure provision 159,590 189,830 147,772
Legal and professional fees 69,643 61,856 65,616
Occupancy 53,613 57,725 62,189
Operations services 50,347 59,148 61,964
Contract employment and outsourcing 41,896 28,480 36,024
Computer software 34,656 30,356 26,689
Equipment rentals, depreciation, and maintenance 32,914 28,387 33,798
FDIC premium expense 28,302 37,138 46,272
Foreclosed real estate 22,076 24,944 66,197
Communications and courier 19,100 22,132 26,496
Miscellaneous loan costs 4,664 12,363 23,046
Amortization of intangible assets 4,016 4,149 4,352
All other expense (Note 14) 161,953 113,295 181,231
Total noninterest expense 1,292,995 1,341,810 1,536,813
Income/(loss) before income taxes 149,848 51,753 (405,948)
Provision/(benefit) for income taxes 15,836 (21,182) (170,716)
Income/(loss) from continuing operations 134,012 72,935 (235,232)
Income/(loss) from discontinued operations, net of tax 8,618 (11,332) (23,203)
Net income/(loss) 142,630 61,603 (258,435)
Net income attributable to noncontrolling interest 11,434 11,402 11,402
Net income/(loss) attributable to controlling interest 131,196 50,201 (269,837)
Preferred stock dividends   107,970 59,585
Net income/(loss) available to common shareholders $ 131,196 $ (57,769) $ (329,422)
Basic earnings/(loss) per share from continuing operations (Note 17) $ 0.47 $ (0.20) $ (1.31)
Diluted earnings/(loss) per share from continuing operations (Note 17) $ 0.47 $ (0.20) $ (1.31)
Basic earnings/(loss) per share available to common shareholders (Note 17) $ 0.50 $ (0.25) $ (1.41)
Diluted earnings/(loss) per share available to common shareholders (Note 17) $ 0.50 $ (0.25) $ (1.41)
Weighted average common shares (Note 17) 260,574 235,699 234,431
Diluted average common shares (Note 17) 262,861 235,699 234,431