Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2015

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Schedule Of Condensed Statements Of Condition

Following are condensed statements of the parent company:
Statements of Condition	Year Ended December 31
(Dollars in thousands)	2015		2014
Assets:
Cash	$	138,139	$	167,562
Securities available-for-sale		2,061		2,634
Notes receivable		3,339		3,460
Allowance for loan losses		(925)		(925)
Investments in subsidiaries:
Bank		2,619,715		2,761,725
Non-bank		27,677		17,870
Other assets		186,005		195,898
Total assets	$	2,976,011	$	3,148,224
Liabilities and equity:
Other short-term borrowings	$	-	$	3,000
Accrued employee benefits and other liabilities		140,588		138,233
Term borrowings		491,268		720,832
Total liabilities		631,856		862,065
Total equity		2,344,155		2,286,159
Total liabilities and equity	$	2,976,011	$	3,148,224
Certain previously reported amounts have been reclassified to agree with the current presentation

Schedule Of Condensed Statements of Income

Statements of Income	Year Ended December 31
(Dollars in thousands)	2015		2014		2013
Dividend income:
Bank	$	325,000	$	180,000	$	180,000
Non-bank		1,150		446		957
Total dividend income		326,150		180,446		180,957
Interest income		-		2		125
Other income		5,884		6,265		3,468
Total income		332,034		186,713		184,550
Provision/(provision credit) for loan losses		-		-		(925)
Interest expense:
Short-term debt		6		9		20
Term borrowings		23,579		23,808		24,058
Total interest expense		23,585		23,817		24,078
Compensation, employee benefits and other expense		36,388		30,400		37,490
Total expense		59,973		54,217		60,643
Income/(loss) before income taxes		272,061		132,496		123,907
Income tax benefit		(21,757)		(20,599)		(20,897)
Income/(loss) before equity in undistributed net income of subsidiaries		293,818		153,095		144,804
Equity in undistributed net income/(loss) of subsidiaries:
Bank		(207,831)		68,836		(117,600)
Non-bank		(108)		588		(300)
Net income/(loss) attributable to the controlling interest	$	85,879	$	222,519	$	26,904

Schedule Of Condensed Statements Of Cash Flows

Statements of Cash Flows	Year Ended December 31
(Dollars in thousands)	2015		2014		2013
Operating activities:
Net income/(loss)	$	85,879	$	222,519	$	26,904
Less undistributed net income/(loss) of subsidiaries		(207,939)		69,424		(117,900)
Income/(loss) before undistributed net income of subsidiaries		293,818		153,095		144,804
Adjustments to reconcile income to net cash provided by operating activities:
Depreciation, amortization, and other		(276)		(390)		(1,314)
(Gain)/loss on securities		259		(5,736)		(2,182)
Stock-based compensation expense		13,796		11,351		16,144
(Gain)/loss on extinguishment of debt		(5,793)		-		-
Net (increase)/decrease in interest receivable and other assets		(6,029)		(1,836)		(4,959)
Net (decrease)/increase in interest payable and other liabilities		(6,777)		1,505		8,626
Total adjustments		(4,820)		4,894		16,315
Net cash provided/(used) by operating activities		288,998		157,989		161,119
Investing activities:
Securities:
Sales and prepayments		1,371		4,693		599
Purchases		(740)		(40)		(120)
Premises and equipment:
Sales/(purchases)		14		(20)		(63)
Decrease/(increase) in interest-bearing cash		-		15,800		64,200
Return on investment in subsidiary		93		150		90
Investment in subsidiary		(9,372)		-		-
Cash paid for acquisition, net		(18,251)		-		-
Net cash provided/(used) by investing activities		(26,885)		20,583		64,706
Financing activities:
Preferred stock:
Proceeds from issuance of preferred stock		-		-		95,624
Cash dividends		(6,200)		(6,200)		(4,288)
Common stock:
Exercise of stock options		7,219		1,864		651
Cash dividends		(53,947)		(47,366)		(38,229)
Repurchase of shares		(32,648)		(43,579)		(91,533)
Term borrowings:
Proceeds from issuance of term borrowings		497,040		-		-
Repayment of term borrowings		(700,000)		-		(100,000)
Increase/(decrease) in short-term borrowings		(3,000)		3,000		(27,200)
Net cash (used)/provided by financing activities		(291,536)		(92,281)		(164,975)
Net increase/(decrease) in cash and cash equivalents		(29,423)		86,291		60,850
Cash and cash equivalents at beginning of year		167,562		81,271		20,421
Cash and cash equivalents at end of year	$	138,139	$	167,562	$	81,271
Total interest paid	$	24,345	$	23,282	$	24,102
Income taxes received from subsidiaries		32,202		17,053		31,075