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Consolidated Condensed Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Interest and fees on loans$ 162,340$ 176,392$ 486,771$ 523,207
Interest on investment securities30,00726,83890,44987,085
Interest on loans held for sale5,1264,74712,05015,280
Interest on trading securities10,76514,34932,83435,513
Interest on other earning assets1228396181,941
Total interest income208,360223,165622,722663,026
Interest expense:    
Savings6,7737,97521,04223,488
Time deposits7,0969,35422,91129,842
Other interest-bearing deposits1,6501,9594,8417,131
Certificates of deposit $100,000 and more2,3283,3247,65010,112
Interest on trading liabilities3,7034,12711,59514,585
Interest on short-term borrowings1,3891,8274,3975,495
Interest on term borrowings9,0818,45628,33123,771
Total interest expense32,02037,022100,767114,424
Net interest income176,340186,143521,955548,602
Provision for loan losses32,00050,00034,000225,000
Net interest income after provision for loan losses144,340136,143487,955323,602
Noninterest income:    
Capital markets99,557114,014267,535329,461
Mortgage banking12,75153,12272,578151,307
Deposit transactions and cash management35,70134,523102,706108,300
Trust services and investment management6,0866,17119,13019,344
Brokerage management fees and commissions5,6486,42518,66518,763
Insurance commissions7397052,1923,052
Equity securities gains/(losses), net35,162(2,928)35,189(4,759)
Debt securities gains, net  772 
All other income and commissions (Note 7)25,24330,67386,049102,092
Total noninterest income220,887242,705604,816727,560
Adjusted gross income after provision for loan losses365,227378,8481,092,7711,051,162
Noninterest expense:    
Employee compensation, incentives, and benefits153,540170,786461,212507,598
Repurchase and foreclosure provision52,79148,712114,557145,607
Legal and professional fees18,13214,06956,93545,770
Contract employment14,3527,33029,38220,653
Occupancy13,52314,21341,44543,969
Operations services11,97814,74939,74644,316
Equipment rentals, depreciation, and maintenance8,7957,12725,16620,566
Computer software8,6897,56925,14921,951
FDIC premium expense5,90410,12322,79827,812
Foreclosed real estate4,6915,15917,28320,766
Communications and courier4,4285,02914,71616,998
Amortization of intangible assets1,0041,0373,0163,112
Miscellaneous loan costs9591,9133,31010,571
All other expense (Note 7)23,92233,674126,24583,826
Total noninterest expense322,708341,490980,9601,013,515
Income before income taxes42,51937,358111,81137,647
Provision/(benefit) for income taxes8,3673,29016,362(14,546)
Income from continuing operations34,15234,06895,44952,193
Income/(loss) from discontinued operations, net of tax4,828(358)9,369(7,897)
Net income38,98033,710104,81844,296
Net income attributable to noncontrolling interest2,8752,8758,5638,563
Net income attributable to controlling interest36,10530,83596,25535,733
Preferred stock dividends 14,960 44,816
Net income/(loss) available to common shareholders$ 36,105$ 15,875$ 96,255$ (9,083)
Basic earnings/(loss) per share from continuing operations (Note 8)$ 0.12$ 0.07$ 0.33$ (0.01)
Diluted earnings/(loss) per share from continuing operations (Note 8)$ 0.12$ 0.07$ 0.33$ (0.01)
Basic earnings/(loss) per share available to common shareholders (Note 8)$ 0.14$ 0.07$ 0.37$ (0.04)
Diluted earnings/(loss) per share available to common shareholders (Note 8)$ 0.14$ 0.07$ 0.37$ (0.04)
Weighted average common shares (Note 8)261,284[1]234,638[1]261,250[1]234,555[1]
Diluted average common shares (Note 8)262,803[1]238,867[1]263,697[1]234,555[1]
[1]All share data has been restated to reflect stock dividends distributed through January 1, 2011.