10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20459

FORM 10-Q

(Mark One)

ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2014, or

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period fromto

Commission File No. 0-10587

FULTON FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

PENNSYLVANIA	23-2195389
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
One Penn Square, P.O. Box 4887, Lancaster, Pennsylvania	17604
(Address of principal executive offices)	(Zip Code)

(717) 291-2411

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ý    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ý    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company in Rule 12b-2 of the Exchange Act.

Large accelerated filer	ý	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  ý

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:

Common Stock, $2.50 Par Value –185,265,000 shares outstanding as of October 31, 2014.

1

FULTON FINANCIAL CORPORATION

FORM 10-Q FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2014

INDEX

Description		Page
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements (Unaudited):
(a)	Consolidated Balance Sheets - September 30, 2014 and December 31, 2013	3
(b)	Consolidated Statements of Income - Three and nine months ended September 30, 2014 and 2013	4
(c)	Consolidated Statements of Comprehensive Income - Three and nine months ended September 30, 2014 and 2013	5
(d)	Consolidated Statements of Shareholders’ Equity - Nine months ended September 30, 2014 and 2013	6
(e)	Consolidated Statements of Cash Flows - Nine months ended September 30, 2014 and 2013	7
(f)	Notes to Consolidated Financial Statements	8
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations		39
Item 3. Quantitative and Qualitative Disclosures about Market Risk		66
Item 4. Controls and Procedures		70
PART II. OTHER INFORMATION
Item 1. Legal Proceedings		71
Item 1A. Risk Factors		71
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		72
Item 3. Defaults Upon Senior Securities		72
Item 4. Mine Safety Disclosures		72
Item 5. Other Information		72
Item 6. Exhibits		72
Signatures		73
Exhibit Index		74

2

Item 1. Financial Statements

CONSOLIDATED BALANCE SHEETS

(in thousands, except per-share data)

	September 30, 2014			December 31, 2013
	(unaudited)
ASSETS
Cash and due from banks	$	220,946		$	218,540
Interest-bearing deposits with other banks	291,523			163,988
Federal Reserve Bank and Federal Home Loan Bank stock	86,056			84,173
Loans held for sale	25,212			21,351
Available for sale investment securities	2,470,609			2,568,434
Loans, net of unearned income	13,030,405			12,782,220
Less: Allowance for loan losses	(189,477		)	(202,780		)
Net Loans	12,840,928			12,579,440
Premises and equipment	224,441			226,021
Accrued interest receivable	43,544			44,037
Goodwill and intangible assets	532,117			533,076
Other assets	502,798			495,574
Total Assets	$	17,238,174		$	16,934,634
LIABILITIES
Deposits:
Noninterest-bearing	$	3,556,810		$	3,283,172
Interest-bearing	9,776,817			9,208,014
Total Deposits	13,333,627			12,491,186
Short-term borrowings:
Federal funds purchased	6,606			582,436
Other short-term borrowings	558,346			676,193
Total Short-Term Borrowings	564,952			1,258,629
Accrued interest payable	17,425			15,218
Other liabilities	225,875			222,830
Federal Home Loan Bank advances and long-term debt	1,018,289			883,584
Total Liabilities	15,160,168			14,871,447
SHAREHOLDERS’ EQUITY
Common stock, $2.50 par value, 600 million shares authorized, 218.1 million shares issued in 2014 and 217.8 million shares issued in 2013	545,207			544,568
Additional paid-in capital	1,438,343			1,432,974
Retained earnings	538,749			463,843
Accumulated other comprehensive loss	(11,948		)	(37,341		)
Treasury stock, at cost, 32.9 million shares in 2014 and 25.2 million shares in 2013	(432,345		)	(340,857		)
Total Shareholders’ Equity	2,078,006			2,063,187
Total Liabilities and Shareholders’ Equity	$	17,238,174		$	16,934,634
See Notes to Consolidated Financial Statements

3

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(in thousands, except per-share data)	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
INTEREST INCOME
Loans, including fees	$	133,741		$	136,150		$	397,011		$	405,312
Investment securities:
Taxable	12,278			12,977			37,962			40,890
Tax-exempt	2,219			2,327			6,865			7,151
Dividends	339			337			996			1,091
Loans held for sale	237			382			585			1,261
Other interest income	976			659			3,065			1,527
Total Interest Income	149,790			152,832			446,484			457,232
INTEREST EXPENSE
Deposits	8,998			8,743			25,579			28,642
Short-term borrowings	297			691			1,470			1,900
Long-term debt	11,129			10,865			32,606			32,448
Total Interest Expense	20,424			20,299			59,655			62,990
Net Interest Income	129,366			132,533			386,829			394,242
Provision for credit losses	3,500			9,500			9,500			38,000
Net Interest Income After Provision for Credit Losses	125,866			123,033			377,329			356,242
NON-INTEREST INCOME
Service charges on deposit accounts	12,801			13,938			37,064			42,700
Investment management and trust services	11,120			10,420			33,417			31,117
Other service charges and fees	9,954			9,518			29,407			27,536
Mortgage banking income	4,038			7,123			13,384			26,293
Other	3,906			3,725			10,813			11,315
Investment securities gains, net:
Other-than-temporary impairment losses	(84		)	(125		)	(122		)	(146		)
Less: Portion of gain recognized in other comprehensive income (loss) (before taxes)	66			28			92			22
Net other-than-temporary impairment losses	(18		)	(97		)	(30		)	(124		)
Net gains on sales of investment securities	99			2,730			1,223			8,095
Investment securities gains, net	81			2,633			1,193			7,971
Total Non-Interest Income	41,900			47,357			125,278			146,932
NON-INTEREST EXPENSE
Salaries and employee benefits	62,434			63,344			185,623			188,046
Net occupancy expense	11,582			11,519			36,649			34,810
Other outside services	8,632			5,048			19,684			13,223
Data processing	4,689			4,757			12,816			13,169
Software	3,353			3,268			9,487			9,110
Equipment expense	3,307			3,646			10,269			11,447
Professional fees	3,252			3,329			9,715			9,771
FDIC insurance expense	2,882			2,918			8,186			8,766
Marketing	1,798			2,251			5,719			6,045
Other real estate owned and repossession expense	1,303			1,453			3,034			6,248
Operating risk loss	1,242			3,297			3,786			6,923
Intangible amortization	314			534			944			1,603
Other	11,010			11,241			35,614			35,510
Total Non-Interest Expense	115,798			116,605			341,526			344,671
Income Before Income Taxes	51,968			53,785			161,081			158,503
Income taxes	13,402			13,837			41,136			38,746
Net Income	$	38,566		$	39,948		$	119,945		$	119,757
PER SHARE:
Net Income (Basic)	$	0.21		$	0.21		$	0.64		$	0.62
Net Income (Diluted)	0.21			0.21			0.64			0.61
Cash Dividends	0.08			0.08			0.24			0.24
See Notes to Consolidated Financial Statements

4

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

(in thousands)

	Three months ended September 30						Nine months ended September 30,
	2014			2013			2014			2013
Net Income	$	38,566		$	39,948		$	119,945		$	119,757
Other Comprehensive Income (Loss), net of tax:
Unrealized gain (loss) on securities	(3,011		)	(6,951		)	23,912			(43,784		)
Reclassification adjustment for postretirement amendment gains included in net income	—			—			(944		)	—
Reclassification adjustment for securities gains included in net income	(52		)	(1,711		)	(775		)	(5,181		)
Non-credit related unrealized gain on other-than-temporarily impaired debt securities	138			(106		)	650			1,332
Unrealized gain on derivative financial instruments	34			34			102			102
Unrecognized pension and postretirement income	—			—			2,144			—
Amortization of net unrecognized pension and postretirement items	104			329			304			985
Other Comprehensive Income (Loss)	(2,787		)	(8,405		)	25,393			(46,546		)
Total Comprehensive Income	$	35,779		$	31,543		$	145,338		$	73,211
See Notes to Consolidated Financial Statements

5

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)

NINE MONTHS ENDED SEPTEMBER 30, 2014 AND 2013

(in thousands, except per-share data)

	Common Stock						Retained Earnings						Treasury Stock			Total
	Shares Outstanding		Amount		Additional Paid-in Capital					Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2013	192,652		$	544,568	$	1,432,974	$	463,843		$	(37,341	)	$	(340,857	)	$	2,063,187
Net income							119,945									119,945
Other comprehensive income (loss)										25,393						25,393
Stock issued, including related tax benefits	506		639		1,059								3,767			5,465
Stock-based compensation awards					4,310											4,310
Acquisition of treasury stock	(8,000	)											(95,255		)	(95,255		)
Common stock cash dividends - $0.24 per share							(45,039		)							(45,039		)
Balance at September 30, 2014	185,158		$	545,207	$	1,438,343	$	538,749		$	(11,948	)	$	(432,345	)	$	2,078,006
Balance at December 31, 2012	199,225		$	542,093	$	1,426,267	$	363,937		$	5,675		$	(256,316	)	$	2,081,656
Net income							119,757									119,757
Other comprehensive income (loss)										(46,546		)				(46,546		)
Stock issued, including related tax benefits	1,107		1,959		562								4,838			7,359
Stock-based compensation awards					4,186											4,186
Acquisition of treasury stock	(8,000	)											(90,927		)	(90,927		)
Common stock cash dividends - $0.24 per share							(46,521		)							(46,521		)
Balance at September 30, 2013	192,332		$	544,052	$	1,431,015	$	437,173		$	(40,871	)	$	(342,405	)	$	2,028,964
See Notes to Consolidated Financial Statements

6

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(in thousands)

	Nine months ended September 30
	2014			2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	119,945		$	119,757
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	9,500			38,000
Depreciation and amortization of premises and equipment	18,412			19,165
Net amortization of investment securities premiums	4,399			8,749
Investment securities gains, net	(1,193		)	(7,971		)
Net (increase) decrease in loans held for sale	(3,861		)	28,626
Amortization of intangible assets	944			1,603
Stock-based compensation	4,310			4,186
Excess tax benefits from stock-based compensation	(54		)	(237		)
Decrease in accrued interest receivable	493			1,071
(Increase) decrease in other assets	(1,909		)	37,129
Increase (decrease) in accrued interest payable	2,207			(2,673		)
Decrease in other liabilities	(5,315		)	(24,207		)
Total adjustments	27,933			103,441
Net cash provided by operating activities	147,878			223,198
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale	15,219			268,259
Proceeds from maturities of securities held to maturity	—			86
Proceeds from maturities of securities available for sale	273,688			526,393
Purchase of securities available for sale	(164,676		)	(691,362		)
Increase in short-term investments	(129,418		)	(63,965		)
Net increase in loans	(271,494		)	(684,529		)
Net purchases of premises and equipment	(16,832		)	(18,741		)
Net cash used in investing activities	(293,513		)	(663,859		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand and savings deposits	768,979			595,722
Net increase (decrease) in time deposits	73,462			(358,764		)
(Decrease) increase in short-term borrowings	(693,677		)	330,178
Additions to long-term debt	140,000			—
Repayments of long-term debt	(5,295		)	(5,131		)
Net proceeds from issuance of common stock	5,411			7,122
Excess tax benefits from stock-based compensation	54			237
Dividends paid	(45,638		)	(31,138		)
Acquisition of treasury stock	(95,255		)	(90,927		)
Net cash provided by financing activities	148,041			447,299
Net Increase in Cash and Due From Banks	2,406			6,638
Cash and Due From Banks at Beginning of Period	218,540			256,300
Cash and Due From Banks at End of Period	$	220,946		$	262,938
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for:
Interest	$	57,448		$	65,663
Income taxes	16,632			29,964
See Notes to Consolidated Financial Statements

7

FULTON FINANCIAL CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE A – Basis of Presentation

The accompanying unaudited consolidated financial statements of Fulton Financial Corporation (the Corporation) have been prepared in conformity with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities as of the date of the financial statements as well as revenues and expenses during the period. Actual results could differ from those estimates. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. The Corporation evaluates subsequent events through the filing date of this Form 10-Q with the Securities and Exchange Commission (SEC).

Recent Accounting Standards

In April 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) Update 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASC Update 2014-08 changes the criteria for reporting discontinued operations, including a change in the definition of what constitutes the disposal of a component and additional disclosure requirements. For public business entities ASC Update 2014-08 is effective for disposals that occur within annual periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-08 is not expected to have a material impact on the Corporation's consolidated financial statements.

In May 2014, the FASB issued ASC Update 2014-09, "Revenue from Contracts with Customers." This standards update provides a framework that replaces most existing revenue recognition guidance. The core principle prescribed by this standards update is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASC Update 2014-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early application is not permitted. For the Corporation, this standards update is effective with its March 31, 2017 quarterly report on Form 10-Q. The Corporation is currently evaluating the impact of the adoption of ASC Update 2014-09 on its consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-11, "Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures." In addition to new disclosure requirements, ASC Update 2014-11 requires that all repurchase-to-maturity transactions be accounted for as secured borrowings rather than as sales of financial assets. Also, all transfers of financial assets executed contemporaneously with a repurchase agreement with the same counterparty must be accounted for separately, the result of which would be the treatment of such transactions as secured borrowings. ASC Update 2014-11 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-11 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." ASC Update 2014-12 clarifies guidance related to accounting for share-based payment awards with terms that allow an employee to vest in the award regardless of whether the employee is rendering service on the date a performance target is achieved. ASC Update 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASC Update 2014-12 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014, with earlier adoption permitted. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-12 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In August 2014, the FASB issued ASC Update 2014-14, "Receivables - Troubled Debt Restructuring by Creditors." ASC Update 2014-14 clarifies troubled debt restructuring guidance related to the classification and measurement of certain government-sponsored loan guarantee programs upon foreclosure. ASC Update 2014-14 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014, with earlier adoption permitted. For the Corporation, this standards

8

update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-14 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In August 2014, the FASB issued ASC Update 2014-15, "Presentation of Financial Statements - Going Concern." ASC Update 2014-15 provides guidance regarding management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related disclosures. The standards update describes how an entity's management should assess whether there are conditions and events, considered in the aggregate, that raise substantial doubt about an entity's ability to continue as a going concern within one year after the date that the financial statements are issued. ASC Update 2014-15 is effective for public business entities’ annual reporting periods ending after December 15, 2016, with earlier adoption permitted. For the Corporation, this standards update is effective with its December 31, 2016 annual report on Form 10-K. The adoption of ASC Update 2014-15 is not expected to have a material impact on the Corporation’s consolidated financial statements.

Reclassifications

Certain amounts in the 2013 consolidated financial statements and notes have been reclassified to conform to the 2014 presentation.

NOTE B – Net Income Per Share

Basic net income per share is calculated as net income divided by the weighted average number of shares outstanding.

Diluted net income per share is calculated as net income divided by the weighted average number of shares outstanding plus the incremental number of shares added as a result of converting common stock equivalents, calculated using the treasury stock method. The Corporation’s common stock equivalents consist of outstanding stock options, restricted stock, restricted stock units (RSUs) and performance-based restricted stock units (PSUs). PSUs are required to be included in weighted average shares outstanding if performance measures, as defined in each PSU award agreement, are met as of the end of the period.

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended September 30		Nine months ended September 30
	2014	2013	2014	2013
	(in thousands)
Weighted average shares outstanding (basic)	186,109	192,251	187,893	193,926
Impact of common stock equivalents	846	1,008	970	1,000
Weighted average shares outstanding (diluted)	186,955	193,259	188,863	194,926

For the three and nine months ended September 30, 2014, 2.5 million and 2.9 million shares issuable under stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive. For the three and nine months ended September 30, 2013, 3.2 million and 3.7 million shares issuable under stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive.

9

NOTE C – Accumulated Other Comprehensive Income (Loss)

The following table presents changes in other comprehensive income (loss):

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended September 30, 2014
Unrealized gain (loss) on securities	$	(4,629	)	$	1,618		$	(3,011	)
Reclassification adjustment for securities gains included in net income (1)	(81		)	29			(52		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	212			(74		)	138
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income (Loss)	$	(4,286	)	$	1,499		$	(2,787	)
Three months ended September 30, 2013
Unrealized gain (loss) on securities	$	(10,691	)	$	3,740		$	(6,951	)
Reclassification adjustment for securities gains included in net income (1)	(2,633		)	922			(1,711		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	(163		)	57			(106		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	505			(176		)	329
Total Other Comprehensive Income (Loss)	$	(12,930	)	$	4,525		$	(8,405	)
Nine months ended September 30, 2014
Unrealized gain (loss) on securities	$	36,790		$	(12,878	)	$	23,912
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Reclassification adjustment for securities gains included in net income (1)	(1,193		)	418			(775		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	1,000			(350		)	650
Unrealized gain on derivative financial instruments	157			(55		)	102
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	469			(165		)	304
Total Other Comprehensive Income (Loss)	$	39,062		$	(13,669	)	$	25,393
Nine months ended September 30, 2013
Unrealized gain (loss) on securities	$	(67,357	)	$	23,573		$	(43,784	)
Reclassification adjustment for securities gains included in net income (1)	(7,971		)	2,790			(5,181		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	2,049			(717		)	1,332
Unrealized gain on derivative financial instruments	157			(55		)	102
Amortization of net unrecognized pension and postretirement items (2)	1,515			(530		)	985
Total Other Comprehensive Income (Loss)	$	(71,607	)	$	25,061		$	(46,546	)

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note D, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note H, "Employee Benefit Plans," for additional details.

10

The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Other comprehensive income (loss) before reclassifications	(3,011		)	138			—			—			(2,873		)
Amounts reclassified from accumulated other comprehensive income (loss)	(63		)	11			34			104			86
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Three months ended September 30, 2013
Balance at June 30, 2013	$	(12,941	)	$	1,050		$	(2,750	)	$	(17,825	)	$	(32,466	)
Other comprehensive income (loss) before reclassifications	(6,951		)	(106		)	—			—			(7,057		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,774		)	63			34			329			(1,348		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)
Nine months ended September 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income (loss) before reclassifications	23,912			650			—			2,144			26,706
Amounts reclassified from accumulated other comprehensive income (loss)	(56		)	(719		)	102			(640		)	(1,313		)
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Nine months ended September 30, 2013
Balance at December 31, 2012	$	26,361		$	613		$	(2,818	)	$	(18,481	)	$	5,675
Other comprehensive income (loss) before reclassifications	(43,784		)	1,332			—			—			(42,452		)
Amounts reclassified from accumulated other comprehensive income (loss)	(4,243		)	(938		)	102			985			(4,094		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)

11

NOTE D – Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
September 30, 2014
Equity securities	$	34,380	$	10,927	$	(29	)	$	45,278
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	235		5		—			240
State and municipal securities	250,195		7,917		(496		)	257,616
Corporate debt securities	99,670		5,777		(4,020		)	101,427
Collateralized mortgage obligations	975,971		6,700		(27,631		)	955,040
Mortgage-backed securities	954,412		14,201		(6,278		)	962,335
Auction rate securities	158,725		1		(10,253		)	148,473
	$	2,473,788	$	45,528	$	(48,707	)	$	2,470,609

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2013
Equity securities	$	33,922	$	12,355	$	(76	)	$	46,201
U.S. Government securities	525		—		—			525
U.S. Government sponsored agency securities	720		7		(1		)	726
State and municipal securities	281,810		6,483		(3,444		)	284,849
Corporate debt securities	100,468		5,685		(7,404		)	98,749
Collateralized mortgage obligations	1,069,138		8,036		(44,776		)	1,032,398
Mortgage-backed securities	949,328		13,881		(17,497		)	945,712
Auction rate securities	172,299		234		(13,259		)	159,274
	$	2,608,210	$	46,681	$	(86,457	)	$	2,568,434

Securities carried at $1.8 billion as of September 30, 2014 and $1.7 billion as of December 31, 2013 were pledged as collateral to secure public and trust deposits and customer repurchase agreements.

Equity securities include common stocks of financial institutions (estimated fair value of $39.3 million at September 30, 2014 and $40.6 million at December 31, 2013) and other equity investments (estimated fair value of $6.0 million at September 30, 2014 and $5.6 million at December 31, 2013).

As of September 30, 2014, the financial institutions stock portfolio had a cost basis of $28.6 million and an estimated fair value of $39.3 million, including an investment in a single financial institution with a cost basis of $20.0 million and an estimated fair value of $27.5 million. The estimated fair value of this investment accounted for 70.0% of the fair value of the Corporation's investments in the common stocks of publicly traded financial institutions. No other investment within the financial institutions stock portfolio exceeded 5% of the portfolio's estimated fair value.

12

The amortized cost and estimated fair values of debt securities as of September 30, 2014, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	13,218	$	13,284
Due from one year to five years		75,307		78,967
Due from five years to ten years		187,966		193,537
Due after ten years		232,534		222,168
		509,025		507,956
Collateralized mortgage obligations		975,971		955,040
Mortgage-backed securities		954,412		962,335
		$	2,439,408	$	2,425,331

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended September 30, 2014	(in thousands)
Equity securities	$	99	$	—		$	—		$	99
Debt securities	—		—			(18		)	(18		)
Total	$	99	$	—		$	(18	)	$	81
Three months ended September 30, 2013
Equity securities	$	2,135	$	—		$	—		$	2,135
Debt securities	617		(22		)	(97		)	498
Total	$	2,752	$	(22	)	$	(97	)	$	2,633
Nine months ended September 30, 2014
Equity securities	$	100	$	—		$	(12	)	$	88
Debt securities	1,446		(323		)	(18		)	1,105
Total	$	1,546	$	(323	)	$	(30	)	$	1,193
Nine months ended September 30, 2013
Equity securities	$	4,357	$	(28	)	$	(27	)	$	4,302
Debt securities	3,788		(22		)	(97		)	3,669
Total	$	8,145	$	(50	)	$	(124	)	$	7,971

The other-than-temporary impairment charges for equity securities during the three and nine months ended September 30, 2014 and 2013 were for investments in common stocks of financial institutions and were due to the severity and duration of the declines in the fair values of certain financial institution stocks, in conjunction with management's assessment of the near-term prospects of each specific financial institution.

The credit related other-than-temporary impairment charges for debt securities during the three and nine months ended September 30, 2014 and 2013 were for investments in pooled trust preferred securities issued by financial institutions. The credit related other-than-temporary impairment charges for the pooled trust preferred securities were determined based on an expected cash flows model.

13

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(17,214	)	$	(20,607	)	$	(20,691	)	$	(23,079	)
Additions for credit losses recorded which were not previously recognized as components of earnings	(18		)	(97		)	(18		)	(97		)
Reductions for securities sold during the period	—			—			3,472			2,468
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			—			5			4
Balance of cumulative credit losses on debt securities, end of period	$	(17,232	)	$	(20,704	)	$	(17,232	)	$	(20,704	)

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2014:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
State and municipal securities	$	7,996	$	(37	)	$	26,484	$	(459	)	$	34,480	$	(496	)
Corporate debt securities	—		—			38,900		(4,020		)	38,900		(4,020		)
Collateralized mortgage obligations	53,189		(248		)	652,396		(27,383		)	705,585		(27,631		)
Mortgage-backed securities	241,707		(527		)	291,712		(5,751		)	533,419		(6,278		)
Auction rate securities	—		—			148,380		(10,253		)	148,380		(10,253		)
Total debt securities	302,892		(812		)	1,157,872		(47,866		)	1,460,764		(48,678		)
Equity securities	269		(17		)	77		(12		)	346		(29		)
	$	303,161	$	(829	)	$	1,157,949	$	(47,878	)	$	1,461,110	$	(48,707	)

The Corporation’s collateralized mortgage obligations and mortgage-backed securities have contractual terms that generally do not permit the issuer to settle the securities at a price less than the amortized cost of the investment. Because the decline in market value of these securities is attributable to changes in interest rates and not credit quality, and because the Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, the Corporation does not consider these investments to be other-than-temporarily impaired as of September 30, 2014.

The unrealized holding losses on auction rate securities, or auction rate certificates (ARCs), are attributable to liquidity issues resulting from the failure of periodic auctions. The Corporation had previously purchased ARCs for investment management and trust customers as short-term investments with fair values that could be derived based on periodic auctions under normal market conditions. During 2008 and 2009, the Corporation purchased ARCs from these customers due to the failure of these periodic auctions, which made these previously short-term investments illiquid.

As of September 30, 2014, approximately $144 million, or 97%, of the ARCs were rated above investment grade, with approximately $6 million, or 4%, AAA rated and $104 million, or 72%, AA rated. Approximately $4 million, or 3%, of ARCs were either not rated or rated below investment grade by at least one ratings agency. Of this amount, approximately $3 million of the student loans underlying these ARCs have principal payments which are guaranteed by the federal government. In total, approximately $147 million, or 99%, of the student loans underlying the ARCs have principal payments that are guaranteed by the federal government.

During the nine months ended September 30, 2014, the Corporation sold ARCs with a total book value of $11.9 million, with no gain or loss upon sale. As of September 30, 2014, all ARCs were current and making scheduled interest payments. Based on management’s evaluations, ARCs with a fair value of $148.5 million were not subject to any other-than-temporary impairment charges as of September 30, 2014. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

14

For its investments in equity securities, particularly its investments in stocks of financial institutions, management evaluates the near-term prospects of the issuers in relation to the severity and duration of the impairment. Based on that evaluation and the Corporation’s ability and intent to hold those investments for a reasonable period of time sufficient for a recovery of fair value, the Corporation does not consider those investments with unrealized holding losses as of September 30, 2014 to be other-than-temporarily impaired.

The majority of the Corporation's available for sale corporate debt securities are issued by financial institutions. The following table presents the amortized cost and estimated fair value of corporate debt securities:

	September 30, 2014				December 31, 2013
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,546	$	44,075	$	47,481	$	40,531
Subordinated debt	47,498		50,289		47,405		50,327
Pooled trust preferred securities	2,050		4,487		2,997		5,306
Corporate debt securities issued by financial institutions	97,094		98,851		97,883		96,164
Other corporate debt securities	2,576		2,576		2,585		2,585
Available for sale corporate debt securities	$	99,670	$	101,427	$	100,468	$	98,749

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $3.5 million at September 30, 2014.The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the three or nine months ended September 30, 2014 or 2013.Six of the Corporation's 20 single-issuer trust preferred securities were rated below investment grade by at least one ratings agency, with an amortized cost of $13.5 million and an estimated fair value of $12.3 million at September 30, 2014. All of the single-issuer trust preferred securities rated below investment grade were rated BB or Ba.Three single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.9 million at September 30, 2014 were not rated by any ratings agency.

During the nine months ended September 30, 2014, the Corporation sold two pooled trust preferred securities with a total amortized cost of $728,000, for a gain of $1.1 million. As of September 30, 2014, all six of the Corporation's pooled trust preferred securities, with an amortized cost of $2.1 million and an estimated fair value of $4.5 million, were rated below investment grade by at least one ratings agency, with ratings ranging from C to Ca. The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pool. The Corporation determines the fair value of pooled trust preferred securities based on quotes provided by third-party brokers.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model is the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing assets ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

Based on management’s evaluations, corporate debt securities with a fair value of $101.4 million were not subject to any additional other-than-temporary impairment charges as of September 30, 2014. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

As mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), in December 2013, five regulatory bodies issued final rulings (Final Rules) implementing certain prohibitions and restrictions on the ability of a banking entity and non-bank financial company supervised by the Federal Reserve Board to engage in proprietary trading and have certain ownership interests in, or relationships with, a "covered fund" (the so-called "Volcker Rule"). The Final Rules generally treat as a covered fund any entity that would be an investment company under the Investment Company Act of 1940 (1940 Act) but for the application of the exemptions from SEC registration set forth in Section 3(c)(1) (fewer than 100 beneficial owners) or Section 3(c)(7) (qualified purchasers) of the 1940 Act. The Final Rules also require regulated entities to establish an internal compliance program that is consistent with the extent to which it engages in activities covered by the Volcker Rule, which must include making regular reports about those activities to regulators. Although the Final Rules provide some tiering of compliance and reporting obligations based on size, the fundamental prohibitions of the Volcker Rule apply to banking entities of any size, including the Corporation. Banking entities have until July 21, 2015 to conform their activities and investments to the requirements of the Final Rules. The Corporation does not engage in proprietary trading or in any other activities prohibited by the Final Rules. Based on the Corporation's evaluation of its investments, none fall within the definition of a "covered fund" and would need to be disposed

15

of by July 21, 2015. Therefore, it does not currently expect that the Final Rules will have a material effect on its business, financial condition or results of operations.

NOTE E – Loans and Allowance for Credit Losses

Loans, Net of Unearned Income

Loans, net of unearned income are summarized as follows:

	September 30, 2014			December 31, 2013
	(in thousands)
Real-estate - commercial mortgage	$	5,156,979		$	5,101,922
Commercial - industrial, financial and agricultural	3,691,262			3,628,420
Real-estate - home equity	1,733,036			1,764,197
Real-estate - residential mortgage	1,372,033			1,337,380
Real-estate - construction	687,728			573,672
Consumer	278,219			283,124
Leasing and other	120,144			99,256
Overdrafts	2,646			4,045
Loans, gross of unearned income	13,042,047			12,792,016
Unearned income	(11,642		)	(9,796		)
Loans, net of unearned income	$	13,030,405		$	12,782,220

Allowance for Credit Losses

The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries.

The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans evaluated for impairment under the FASB's ASC Section 310-10-35; and (2) allowances calculated for pools of loans measured for impairment under FASB ASC Subtopic 450-20.

The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. For commercial loans, class segments include loans secured by collateral and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect automobile loans.

The following table presents the components of the allowance for credit losses:

	September 30, 2014		December 31, 2013
	(in thousands)
Allowance for loan losses	$	189,477	$	202,780
Reserve for unfunded lending commitments	1,631		2,137
Allowance for credit losses	$	191,108	$	204,917

16

The following table presents the activity in the allowance for credit losses:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance at beginning of period	$	193,442		$	217,626		$	204,917		$	225,439
Loans charged off	(9,604		)	(18,108		)	(31,348		)	(61,597		)
Recoveries of loans previously charged off	3,770			3,820			8,039			10,996
Net loans charged off	(5,834		)	(14,288		)	(23,309		)	(50,601		)
Provision for credit losses	3,500			9,500			9,500			38,000
Balance at end of period	$	191,108		$	212,838		$	191,108		$	212,838

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Loans charged off	(1,557		)	(5,167		)	(1,492		)	(231		)	(313		)	(538		)	(306		)	—			(9,604		)
Recoveries of loans previously charged off	1,167			1,013			336			95			470			448			241			—			3,770
Net loans charged off	(390		)	(4,154		)	(1,156		)	(136		)	157			(90		)	(65		)	—			(5,834		)
Provision for loan losses (1)	(278		)	6,110			406			397			(312		)	244			180			(3,121		)	3,626
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Three months ended September 30, 2013
Balance at June 30, 2013	$	58,696		$	57,557		$	25,736		$	32,684		$	14,471		$	2,497		$	2,925		$	21,865		$	216,431
Loans charged off	(3,724		)	(9,394		)	(2,365		)	(767		)	(598		)	(473		)	(787		)	—			(18,108		)
Recoveries of loans previously charged off	185			2,295			198			245			379			294			224			—			3,820
Net loans charged off	(3,539		)	(7,099		)	(2,167		)	(522		)	(219		)	(179		)	(563		)	—			(14,288		)
Provision for loan losses (1)	3,470			1,437			4,451			1,595			(1,221		)	610			620			(2,619		)	8,343
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486
Nine months ended September 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(5,084		)	(15,804		)	(4,377		)	(2,166		)	(745		)	(1,738		)	(1,434		)	—			(31,348		)
Recoveries of loans previously charged off	1,641			2,532			869			319			852			1,059			767			—			8,039
Net loans charged off	(3,443		)	(13,272		)	(3,508		)	(1,847		)	107			(679		)	(667		)	—			(23,309		)
Provision for loan losses (1)	(3,042		)	13,982			6,577			1,770			(1,580		)	879			(737		)	(7,843		)	10,006
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Nine months ended September 30, 2013
Balance at December 31, 2012	$	62,928		$	60,205		$	22,776		$	34,536		$	17,287		$	2,367		$	2,752		$	21,052		$	223,903
Loans charged off	(13,050		)	(24,856		)	(6,735		)	(8,282		)	(5,181		)	(1,456		)	(2,037		)	—			(61,597		)
Recoveries of loans previously charged off	2,754			3,430			721			442			1,794			1,206			649			—			10,996
Net loans charged off	(10,296		)	(21,426		)	(6,014		)	(7,840		)	(3,387		)	(250		)	(1,388		)	—			(50,601		)
Provision for loan losses (1)	5,995			13,116			11,258			7,061			(869		)	811			1,618			(1,806		)	37,184
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486

(1) The provision for loan losses excluded a $126,000 and $506,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2014 and excluded a $1.2 million and $816,000 increase, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2013. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $3.5 million and $9.5 million, respectively, for the three and nine months ended September 30, 2014 and $9.5 million and $38.0 million, respectively, for the three and nine months ended September 30, 2013.

17

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	32,951	$	39,098	$	21,666	$	11,503	$	6,009	$	3,439	$	1,966	$	8,365	$	124,997
Evaluated for impairment under FASB ASC Section 310-10-35	16,223		11,942		9,625		21,502		5,167		21		—		N/A		64,480
	$	49,174	$	51,040	$	31,291	$	33,005	$	11,176	$	3,460	$	1,966	$	8,365	$	189,477
Loans, net of unearned income at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,095,263	$	3,655,162	$	1,719,049	$	1,319,333	$	658,822	$	278,196	$	111,148	N/A		$	12,836,973
Evaluated for impairment under FASB ASC Section 310-10-35	61,716		36,100		13,987		52,700		28,906		23		—		N/A		193,432
	$	5,156,979	$	3,691,262	$	1,733,036	$	1,372,033	$	687,728	$	278,219	$	111,148	N/A		$	13,030,405
Allowance for loan losses at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	43,262	$	38,025	$	18,482	$	11,494	$	8,648	$	2,911	$	2,982	$	19,246	$	145,050
Evaluated for impairment under FASB ASC Section 310-10-35	15,365		13,870		9,538		22,263		4,383		17		—		N/A		65,436
	$	58,627	$	51,895	$	28,020	$	33,757	$	13,031	$	2,928	$	2,982	$	19,246	$	210,486
Loans, net of unearned income at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,001,851	$	3,593,038	$	1,758,492	$	1,277,200	$	543,268	$	296,122	$	97,749	N/A		$	12,567,720
Evaluated for impairment under FASB ASC Section 310-10-35	61,522		52,232		15,062		50,269		34,074		20		—		N/A		213,179
	$	5,063,373	$	3,645,270	$	1,773,554	$	1,327,469	$	577,342	$	296,142	$	97,749	N/A		$	12,780,899

(1) The unallocated allowance, which was approximately 4% and 9% of the total allowance for credit losses as of September 30, 2014 and September 30, 2013, respectively, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A – Not applicable.

Impaired Loans

A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings (TDRs). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total outstanding commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total outstanding commitments less than $1.0 million are pooled and measured for impairment collectively. As of September 30, 2014 and December 31, 2013, substantially all of the Corporation’s individually evaluated impaired loans with total outstanding balances greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real property.

As of September 30, 2014 and 2013, approximately 77% and 89%, respectively, of impaired loans with principal balances greater than or equal to $1.0 million, whose primary collateral is real estate, were measured at estimated fair value using state certified third-party appraisals that had been updated within the preceding 12 months.

When updated certified appraisals are not obtained for loans to commercial borrowers evaluated for impairment under FASB ASC Section 310-10-35 that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated a strong loan-to-value position and, in the opinion of the Corporation's internal loan evaluation staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted appropriately for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans, generally less than 70%.

18

The following table presents total impaired loans by class segment:

	September 30, 2014						December 31, 2013
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	26,102	$	23,280	$	—	$	28,892	$	24,494	$	—
Commercial - secured	19,100		15,283		—		23,890		21,383		—
Real estate - home equity	—		—		—		399		300		—
Real estate - residential mortgage	1,075		1,075		—		—		—		—
Construction - commercial residential	20,725		14,761		—		18,943		13,740		—
Construction - commercial	1,361		1,245		—		2,996		1,976		—
	68,363		55,644				75,120		61,893
With a related allowance recorded:
Real estate - commercial mortgage	47,938		38,436		16,223		43,282		35,830		14,444
Commercial - secured	29,939		19,990		11,336		34,267		22,324		13,315
Commercial - unsecured	974		827		606		1,113		1,048		752
Real estate - home equity	19,810		13,987		9,625		20,383		14,337		9,059
Real estate - residential mortgage	62,182		51,625		21,502		63,682		51,097		21,745
Construction - commercial residential	18,046		11,990		4,769		25,769		14,579		3,493
Construction - commercial	1,834		629		260		485		195		77
Construction - other	452		281		138		719		548		301
Consumer - direct	18		18		16		11		11		10
Consumer - indirect	5		5		5		2		2		2
	181,198		137,788		64,480		189,713		139,971		63,198
Total	$	249,561	$	193,432	$	64,480	$	264,833	$	201,864	$	63,198

As of September 30, 2014 and December 31, 2013, there were $55.6 million and $61.9 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral for these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

19

The following table presents average impaired loans by class segment:

	Three months ended September 30								Nine months ended September 30
	2014				2013				2014				2013
	Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	23,056	$	78	$	27,120	$	113	$	23,524	$	244	$	29,630	394
Commercial - secured	18,903		29		33,644		49		20,014		98		32,528		131
Commercial - unsecured	—		—		—		—		—		—		33		—
Real estate - home equity	150		—		300		—		225		1		253		1
Real estate - residential mortgage	1,236		7		747		4		697		13		869		25
Construction - commercial residential	14,881		51		20,809		66		16,052		173		21,730		200
Construction - commercial	1,060		—		2,021		—		1,514		—		3,500		2
	59,286		165		84,641		232		62,026		529		88,543		753
With a related allowance recorded:
Real estate - commercial mortgage	38,469		130		37,962		158		37,794		394		46,213		563
Commercial - secured	19,764		30		22,771		34		21,404		101		29,317		115
Commercial - unsecured	850		1		1,260		1		847		3		1,502		4
Real estate - home equity	14,116		30		14,761		17		14,106		78		14,031		49
Real estate - residential mortgage	51,283		298		51,365		290		51,257		894		52,581		924
Construction - commercial residential	11,189		38		12,053		39		10,480		100		11,774		121
Construction - commercial	942		—		525		—		567		—		1,641		3
Construction - other	281		—		501		—		414		—		517		1
Consumer - direct	18		—		18		—		15		—		21		—
Consumer - indirect	6		—		3		—		4		—		1		—
Leasing and other and overdrafts	—		—		—		—		—		—		14		—
	136,918		527		141,219		539		136,888		1,570		157,612		1,780
Total	$	196,204	$	692	$	225,860	$	771	$	198,914	$	2,099	$	246,155	2,533

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2014 and 2013 represents amounts earned on accruing TDRs.

20

Credit Quality Indicators and Non-performing Assets

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - commercial mortgage	$	4,877,904		$	4,763,987		$	113,650		$	141,013		$	165,425		$	196,922		$	5,156,979		$	5,101,922
Commercial - secured	3,243,731			3,167,168			138,136			111,613			129,273			125,382			3,511,140			3,404,163
Commercial - unsecured	162,620			209,836			12,246			11,666			5,256			2,755			180,122			224,257
Total commercial - industrial, financial and agricultural	3,406,351			3,377,004			150,382			123,279			134,529			128,137			3,691,262			3,628,420
Construction - commercial residential	170,027			146,041			28,517			31,522			42,875			57,806			241,419			235,369
Construction - commercial	370,187			258,441			1,469			2,932			5,550			8,124			377,206			269,497
Total construction (excluding Construction - other)	540,214			404,482			29,986			34,454			48,425			65,930			618,625			504,866
	$	8,824,469		$	8,545,473		$	294,018		$	298,746		$	348,379		$	390,989		$	9,466,866		$	9,235,208
% of Total	93.2		%	92.6		%	3.1		%	3.2		%	3.7		%	4.2		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan. The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, leasing and other and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of these loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology, which bases the probability of default on this migration.

21

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - home equity	$	1,707,659		$	1,731,185		$	10,306		$	16,029		$	15,071		$	16,983		$	1,733,036		$	1,764,197
Real estate - residential mortgage	1,319,002			1,282,754			24,896			23,279			28,135			31,347			1,372,033			1,337,380
Construction - other	68,822			68,258			—			—			281			548			69,103			68,806
Consumer - direct	115,449			126,666			3,025			3,586			2,359			2,391			120,833			132,643
Consumer - indirect	155,027			147,017			2,203			3,312			156			152			157,386			150,481
Total consumer	270,476			273,683			5,228			6,898			2,515			2,543			278,219			283,124
Leasing and other and overdrafts	110,491			92,876			269			581			388			48			111,148			93,505
	$	3,476,450		$	3,448,756		$	40,699		$	46,787		$	46,390		$	51,469		$	3,563,539		$	3,547,012
% of Total	97.6		%	97.2		%	1.2		%	1.3		%	1.3		%	1.5		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

The following table presents non-performing assets:

	September 30, 2014		December 31, 2013
	(in thousands)
Non-accrual loans	$	126,420	$	133,753
Accruing loans greater than 90 days past due	17,428		20,524
Total non-performing loans	143,848		154,277
Other real estate owned (OREO)	13,489		15,052
Total non-performing assets	$	157,337	$	169,329

The following table presents TDRs, by class segment:

	September 30, 2014		December 31, 2013
	(in thousands)
Real-estate - residential mortgage	$	30,850	$	28,815
Real-estate - commercial mortgage	18,869		19,758
Construction - commercial residential	9,251		10,117
Commercial - secured	5,042		7,933
Real estate - home equity	2,904		1,365
Commercial - unsecured	73		112
Consumer - direct	18		11
Consumer - indirect	5		—
Total accruing TDRs	67,012		68,111
Non-accrual TDRs (1)	27,724		30,209
Total TDRs	$	94,736	$	98,320

(1) Included within non-accrual loans in the preceding table detailing non-performing assets.

As of September 30, 2014 and December 31, 2013, there were $4.6 million and $9.6 million, respectively, of commitments to lend additional funds to borrowers whose loans were modified under TDRs.

22

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified during the three and nine months ended September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - commercial mortgage	1	$	391	4	$	3,774	10	$	10,195	13	$	8,428
Construction - commercial residential	—	—		2	4,427		2	1,914		5	9,542
Real estate - residential mortgage	3	256		5	836		18	2,092		44	6,861
Real estate - home equity	6	764		14	1,071		26	1,627		42	2,928
Commercial - secured	3	1,214		—	—		4	1,357		8	592
Consumer - indirect	—	—		—	—		4	7		—	—
Consumer - direct	—	—		—	—		6	8		9	2
Commercial - unsecured	—	—		—	—		—	—		1	15
Total	13	$	2,625	25	$	10,108	70	$	17,200	122	$	28,368

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified within the previous 12 months and had a post-modification payment default during the nine months ended September 30, 2014 and 2013. The Corporation defines a payment default as a single missed payment.

	2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - residential mortgage	8	$	1,147	20	$	3,460
Real estate - home equity	5	724		18	1,419
Construction - commercial residential	3	2,509		1	608
Real estate - commercial mortgage	1	35		5	2,062
Commercial - secured	3	415		1	100
Consumer - direct	—	—		3	1
Total	20	$	4,830	48	$	7,650

23

The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	September 30, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	19,506	$	5,074	$	1,755	$	42,847	$	44,602	$	69,182	$	5,087,797	$	5,156,979
Commercial - secured	7,530		1,215		2,292		30,231		32,523		41,268		3,469,872		3,511,140
Commercial - unsecured	1,528		209		—		754		754		2,491		177,631		180,122
Total commercial - industrial, financial and agricultural	9,058		1,424		2,292		30,985		33,277		43,759		3,647,503		3,691,262
Real estate - home equity	8,094		2,212		3,988		11,083		15,071		25,377		1,707,659		1,733,036
Real estate - residential mortgage	17,102		7,794		6,285		21,850		28,135		53,031		1,319,002		1,372,033
Construction - commercial residential	215		—		205		17,500		17,705		17,920		223,499		241,419
Construction - commercial	—		—		—		1,874		1,874		1,874		375,332		377,206
Construction - other	—		—		—		281		281		281		68,822		69,103
Total real estate - construction	215		—		205		19,655		19,860		20,075		667,653		687,728
Consumer - direct	2,032		993		2,359		—		2,359		5,384		115,449		120,833
Consumer - indirect	1,815		388		156		—		156		2,359		155,027		157,386
Total consumer	3,847		1,381		2,515		—		2,515		7,743		270,476		278,219
Leasing and other and overdrafts	185		84		388		—		388		657		110,491		111,148
Total	$	58,007	$	17,969	$	17,428	$	126,420	$	143,848	$	219,824	$	12,810,581	$	13,030,405

	December 31, 2013
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	15,474	$	4,009	$	3,502	$	40,566	$	44,068	$	63,551	$	5,038,371	$	5,101,922
Commercial - secured	8,916		1,365		1,311		35,774		37,085		47,366		3,356,797		3,404,163
Commercial - unsecured	332		125		—		936		936		1,393		222,864		224,257
Total commercial - industrial, financial and agricultural	9,248		1,490		1,311		36,710		38,021		48,759		3,579,661		3,628,420
Real estate - home equity	13,555		2,474		3,711		13,272		16,983		33,012		1,731,185		1,764,197
Real estate - residential mortgage	16,969		6,310		9,065		22,282		31,347		54,626		1,282,754		1,337,380
Construction - commercial residential	—		645		346		18,202		18,548		19,193		216,176		235,369
Construction - commercial	14		—		—		2,171		2,171		2,185		267,312		269,497
Construction - other	—		—		—		548		548		548		68,258		68,806
Total real estate - construction	14		645		346		20,921		21,267		21,926		551,746		573,672
Consumer - direct	2,091		1,495		2,391		—		2,391		5,977		126,666		132,643
Consumer - indirect	2,864		448		150		2		152		3,464		147,017		150,481
Total consumer	4,955		1,943		2,541		2		2,543		9,441		273,683		283,124
Leasing and other and overdrafts	559		22		48		—		48		629		92,876		93,505
Total	$	60,774	$	16,893	$	20,524	$	133,753	$	154,277	$	231,944	$	12,550,276	$	12,782,220

24

NOTE F – Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights (MSRs), which are included in other assets on the consolidated balance sheets:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Amortized cost:
Balance at beginning of period	$	42,586		$	41,750		$	42,452		$	39,737
Originations of mortgage servicing rights	1,456			2,909			3,807			10,371
Amortization	(1,664		)	(2,031		)	(3,881		)	(7,480		)
Balance at end of period	$	42,378		$	42,628		$	42,378		$	42,628
Valuation allowance:
Balance at beginning of period	$	—		$	(1,690	)	$	—		$	(3,680	)
Reversals	—			1,690			—			3,680
Balance at end of period	$	—		$	—		$	—		$	—
Net MSRs at end of period	$	42,378		$	42,628		$	42,378		$	42,628

MSRs represent the economic value of existing contractual rights to service mortgage loans that have been sold. Accordingly, actual and expected prepayments of the underlying mortgage loans can impact the value of MSRs.

The Corporation estimates the fair value of its MSRs by discounting the estimated cash flows from servicing income, net of expense, over the expected life of the underlying loans at a discount rate commensurate with the risk associated with these assets. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. No adjustment to the valuation allowance was necessary for three and nine months ended September 30, 2014. A decrease to the valuation allowance of $1.7 million and $3.7 million was recorded for the three and nine months ended September 30, 2013.

The Corporation accounts for MSRs at the lower of amortized cost or fair value. As of September 30, 2014, the estimated fair value of MSRs was $47.9 million, which exceeded their book value. Therefore, no increase to the valuation allowance was necessary during the three or nine months ended September 30, 2014.

NOTE G – Stock-Based Compensation

The fair value of equity awards granted to employees is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards. The Corporation grants equity awards to employees, consisting of stock options, restricted stock, RSUs and PSUs under its Amended and Restated Equity and Cash Incentive Compensation Plan (Employee Option Plan). In addition, employees may purchase stock under the Corporation’s Employee Stock Purchase Plan.

The Corporation also grants stock equity awards to non-employee members of the board of directors under its 2011 Directors’ Equity Participation Plan (Directors’ Plan). Under the Directors’ Plan, the Corporation can grant equity awards to non-employee holding company and subsidiary bank directors in the form of stock options, restricted stock or common stock.

Equity awards issued under the Employee Option Plan are generally granted annually and become fully vested over or after a three year vesting period. Equity awards under the Directors' Plan generally vest immediately upon grant. Certain events, as defined in the Employee Option Plan and the Directors' Plan, result in the acceleration of the vesting of equity awards.

25

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Stock-based compensation expense	$	1,288		$	979		$	4,310		$	4,186
Tax benefit	(358		)	(272		)	(1,067		)	(1,183		)
Stock-based compensation expense, net of tax	$	930		$	707		$	3,243		$	3,003

Stock option fair values are estimated through the use of the Black-Scholes valuation methodology as of the date of grant. Stock options carry terms of up to ten years. The fair value of restricted stock is based on the trading price of the Corporation’s stock on the date of grant. Restricted stock awards earn dividends during the vesting period, which are forfeitable if the awards do not vest.

During the three and nine months ended September 30,2014, the Corporation granted approximately 389,000 PSUs, 289,000 stock options and 105,000 RSUs under its Employee Option Plan. The fair value of RSUs and a majority of PSUs are based on the trading price of the Corporation's stock on the date of grant. The fair value of certain PSUs are estimated through the use of the Monte Carlo valuation methodology as of the date of grant. RSUs become fully vested over or after a three year vesting period, however, certain events, as defined in the Employee Option Plan, can result in the acceleration of the vesting of RSUs. RSUs and PSUs earn dividends during the vesting period, which are forfeitable if the awards do not vest. The fair value of PSUs, which is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards, may vary, based on the expectations for actual performance relative to defined performance measures. As of September 30, 2014, the Employee Option Plan had 11.2 million shares reserved for future grants through 2023. During the nine months ended September 30,2014, the Corporation granted approximately 13,000 shares of stock under its Directors' Plan. As of September 30, 2014, the Directors’ Plan had approximately 424,000 shares reserved for future grants through 2021.

NOTE H – Employee Benefit Plans

The Corporation maintains a defined benefit pension plan (Pension Plan) for certain employees, which was curtailed effective January 1, 2008. Contributions to the Pension Plan are actuarially determined and funded annually, if required. Pension Plan assets are invested in: money markets; fixed income securities, including corporate bonds, U.S. Treasury securities and common trust funds; and equity securities, including common stocks and common stock mutual funds.

The net periodic benefit cost for the Corporation’s Pension Plan, as determined by a third-party actuary, consisted of the following components:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	92		$	51		$	276		$	153
Interest cost	853			772			2,559			2,316
Expected return on plan assets	(811		)	(800		)	(2,432		)	(2,400		)
Net amortization and deferral	244			596			732			1,788
Net periodic benefit cost	$	378		$	619		$	1,135		$	1,857

(1) The Pension Plan service cost recorded for the three and nine months ended September 30, 2014 and 2013, respectively, was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The Corporation currently provides medical and life insurance benefits under a postretirement benefits plan (Postretirement Plan) to certain retired full-time employees who were employees of the Corporation prior to January 1, 1998.

Effective February 1, 2014, the Corporation amended the Postretirement Plan, making all active full-time employees ineligible for benefits under this plan. As a result of this amendment, the Corporation recorded a $1.5 million gain in 2014, as determined by a third-party actuary and included as a component of salaries and employee benefits on the consolidated statements of income. The gain resulted from the recognition of the remaining prior service cost prior to the amendment date as of December 31, 2013. In addition, this amendment resulted in a $3.3 million decrease in the accumulated postretirement benefit obligation and a corresponding increase in unrecognized prior service cost credits.

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The net periodic benefit (income) cost of the Corporation’s Postretirement Plan as determined by consulting actuaries, consisted of the following components, excluding the impact of the $1.5 million plan amendment gain:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	—		$	57		$	15		$	171
Interest cost	48			81			157			243
Net accretion and deferral	(84		)	(91		)	(263		)	(273		)
Net periodic benefit (income) cost	$	(36	)	$	47		$	(91	)	$	141

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014. Service costs recorded after the effective date of the amendment represent administrative costs associated with the plan.

The Corporation recognizes the funded status of its Pension Plan and Postretirement Plan on the consolidated balance sheets and recognizes the change in that funded status through other comprehensive income.

NOTE I – Derivative Financial Instruments

The Corporation manages its exposure to certain interest rate and foreign currency risks through the use of derivatives. None of the Corporation's outstanding derivative contracts are designated as hedges and none are entered into for speculative purposes. Derivative instruments are carried at fair value, with changes in fair values recognized in earnings as components of non-interest income and non-interest expense on the consolidated statements of income.

Derivative contracts create counterparty credit risk with both the Corporation's customers and with institutional derivative counterparties. The Corporation manages credit risk through its credit approval processes, monitoring procedures and obtaining adequate collateral, when the Corporation determines it is appropriate to do so.

Mortgage Banking Derivatives

In connection with its mortgage banking activities, the Corporation enters into commitments to originate certain fixed rate residential mortgage loans for customers, also referred to as interest rate locks. In addition, the Corporation enters into forward commitments for the future sales or purchases of mortgage-backed securities to or from third-party counterparties to hedge the effect of changes in interest rates on the values of both the interest rate locks and mortgage loans held for sale. Forward sales commitments may also be in the form of commitments to sell individual mortgage loans or interest rate locks at a fixed price at a future date. The amount necessary to settle each interest rate lock is based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within mortgage banking income on the consolidated statements of income.

Interest Rate Swaps

The Corporation enters into interest rate swaps with certain qualifying commercial loan customers to meet their interest rate risk management needs. The Corporation simultaneously enters into interest rate swaps with dealer counterparties, with identical notional amounts and terms. The net result of these interest rate swaps is that the customer pays a fixed rate of interest and the Corporation receives a floating rate. These interest rate swaps are derivative financial instruments that are recorded at their fair values within other assets and liabilities on the consolidated balance sheets. Changes in fair value during the period are recorded within other non-interest expense on the consolidated statements of income.

Foreign Exchange Contracts

The Corporation enters into foreign exchange contracts to accommodate the needs of its customers. Foreign exchange contracts are commitments to buy or sell foreign currency on a future date at a contractual price. The Corporation offsets its foreign exchange contract exposure with customers by entering into contracts with third-party correspondent financial institutions to mitigate its exposure to fluctuations in foreign currency exchange rates. The Corporation also holds certain amounts of foreign currency with international correspondent banks. The Corporation's policy limits the total net foreign currency open positions, which includes all outstanding contracts and foreign account balances, to $500,000. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within other service charges and fees on the consolidated statements of income.

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The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	September 30, 2014					December 31, 2013
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	92,136	$	1,324		$	75,217	$	867
Negative fair values	937		(16		)	11,393		(59		)
Net interest rate locks with customers			1,308					808
Forward Commitments
Positive fair values	6,165		23			87,904		1,263
Negative fair values	98,323		(392		)	2,373		(5		)
Net forward commitments			(369		)			1,258
Interest Rate Swaps with Customers
Positive fair values	360,442		10,027			111,899		2,105
Negative fair values	54,308		(615		)	105,673		(2,993		)
Net interest rate swaps with customers			9,412					(888		)
Interest Rate Swaps with Dealer Counterparties
Positive fair values	54,308		615			105,673		2,993
Negative fair values	360,442		(10,027		)	111,899		(2,105		)
Net interest rate swaps with dealer counterparties			(9,412		)			888
Foreign Exchange Contracts with Customers
Positive fair values	17,434		959			2,150		24
Negative fair values	6,273		(424		)	12,775		(343		)
Net foreign exchange contracts with customers			535					(319		)
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	6,554		428			17,348		498
Negative fair values	16,988		(871		)	5,872		(48		)
Net foreign exchange contracts with correspondent banks			(443		)			450
Net derivative fair value asset			$	1,031				$	2,197

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Interest rate locks with customers	$	(1,092	)	$	4,717		$	500		$	(3,707	)
Forward commitments	1,374			(12,244		)	(1,627		)	(1,969		)
Interest rate swaps with customers	(40		)	1,009			10,300			(5,270		)
Interest rate swaps with dealer counterparties	40			(1,009		)	(10,300		)	5,270
Foreign exchange contracts with customers	557			(344		)	854			(175		)
Foreign exchange contracts with correspondent banks	(527		)	(50		)	(893		)	910
Net fair value gains (losses) on derivative financial instruments	$	312		$	(7,921	)	$	(1,166	)	$	(4,941	)

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NOTE J – Fair Value Option

U.S. GAAP permits entities to measure many financial instruments and certain other items at fair value and requires certain disclosures for amounts for which the fair value option is applied. The Corporation has elected to measure mortgage loans held for sale at fair value to more accurately reflect the financial results of its mortgage banking activities in its consolidated financial statements. Derivative financial instruments related to these activities are also recorded at fair value, as noted within Note I, "Derivative Financial Instruments." The Corporation determines fair value for its mortgage loans held for sale based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Changes in fair values during the period are recorded as components of mortgage banking income on the consolidated statements of income. Interest income earned on mortgage loans held for sale is recorded within interest income on the consolidated statements of income.

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	September 30, 2014		December 31, 2013
	(in thousands)
Cost	$	24,690	$	21,172
Fair value	25,212		21,351

During the three months ended September 30, 2014, losses related to changes in fair values of mortgage loans held for sale were $472,000, compared to $343,000 of gains for the nine months ended September 30, 2014. During the three months ended September 30, 2013, gains related to changes in fair values of mortgage loans held for sale were $2.6 million, compared to losses of $784,000 for the nine months ended September 30, 2013.

NOTE K – Balance Sheet Offsetting

Certain financial assets and liabilities may be eligible for offset on the consolidated balance sheets as they are subject to master netting arrangements or similar agreements. The Corporation elects to not offset assets and liabilities subject to such arrangements on the consolidated financial statements.

The Corporation is a party to interest rate swap transactions with financial institution counterparties and customers, disclosed in detail within Note I, "Derivative Financial Instruments." Under these agreements, the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. Cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default.

Beginning in the first quarter of 2014, the Corporation is also a party to foreign currency exchange contracts with financial institution counterparties, under which the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. As with interest rate swap contracts, cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default. For additional details, see Note I, "Derivative Financial Instruments."

The Corporation also enters into agreements with customers in which it sells securities subject to an obligation to repurchase the same or similar securities, referred to as repurchase agreements. Under these agreements, the Corporation may transfer legal control over the assets but still maintain effective control through agreements that both entitle and obligate the Corporation to repurchase the assets. Therefore, repurchase agreements are reported as secured borrowings, classified within short-term borrowings on the consolidated balance sheets, while the securities underlying the repurchase agreements remain classified with investment securities on the consolidated balance sheets. The Corporation has no intention of setting off these amounts, therefore, these repurchase agreements are not eligible for offset.

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The following table presents the Corporation's financial instruments that are eligible for offset, and the effects of offsetting, on the consolidated balance sheets:

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
September 30, 2014
Interest rate swap derivative assets	$	10,642	$	(636	)	$	—		$	10,006
Foreign exchange derivative assets with correspondent banks	428		(428		)	—			—
Total	$	11,070	$	(1,064	)	$	—		$	10,006
Interest rate swap derivative liabilities	$	10,642	$	(636	)	$	(9,480	)	$	526
Foreign exchange derivative liabilities with correspondent banks	871		(428		)	(310		)	133
Total	$	11,513	$	(1,064	)	$	(9,790	)	$	659
December 31, 2013
Interest rate swap derivative assets	$	5,098	$	(2,104	)	$	—		$	2,994
Interest rate swap derivative liabilities	$	5,098	$	(2,104	)	$	(730	)	$	2,264

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

NOTE L – Commitments and Contingencies

Commitments

The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers.

Those financial instruments include commitments to extend credit and letters of credit, which involve, to varying degrees, elements of credit risk and interest rate risk in excess of the amounts recognized on the Corporation’s consolidated balance sheets. Exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the outstanding amount of those instruments.

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	September 30, 2014		December 31, 2013
	(in thousands)
Commitments to extend credit	$	4,437,607	$	4,379,578
Standby letters of credit	382,526		391,445
Commercial letters of credit	30,067		36,344

The Corporation records a reserve for unfunded lending commitments, which represents management’s estimate of losses associated with unused commitments to extend credit. See Note E, "Loans and Allowance for Credit Losses," for additional details.

Residential Lending

Residential mortgages are originated and sold by the Corporation and consist primarily of conforming, prime loans sold to government sponsored agencies, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The Corporation also sells a portion of prime loans to non-government sponsored agency investors.

The Corporation provides customary representations and warranties to investors that specify, among other things, that the loans have been underwritten to the standards established by the investor. The Corporation may be required to repurchase a loan or reimburse the investor for a credit loss incurred on a loan if it is determined that the representations and warranties have not been

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met. Such repurchases or reimbursements generally result from an underwriting or documentation deficiency. As of September 30, 2014 and December 31, 2013, total outstanding repurchase requests totaled $543,000 and $8.8 million, respectively. During the first quarter of 2014, the Corporation entered into a settlement agreement with a secondary market investor. Under this agreement, the Corporation agreed to pay this investor $4.5 million to settle all outstanding and potential future repurchase requests under a series of specified loan purchase agreements with that secondary market investor. The result of this settlement was a reduction to outstanding repurchase requests of $7.5 million and a reduction to reserves for repurchases of $5.1 million, resulting in a $600,000 reduction to operating risk loss on the consolidated statements of income during the nine months ended September 30, 2014.

From 2000 to 2011, the Corporation sold loans to the Federal Home Loan Bank of Pittsburgh under its Mortgage Partnership Finance Program (MPF Program). No loans were sold under this program during the nine months ended September 30, 2014 or during 2013 or 2012. The Corporation provided a "credit enhancement" for residential mortgage loans sold under the MPF Program whereby it would assume credit losses in excess of a defined "First Loss Account" (FLA) balance, up to specified amounts. The FLA is funded by the Federal Home Loan Bank of Pittsburgh based on a percentage of the outstanding principal balance of loans sold. As of September 30, 2014, the unpaid principal balance of loans sold under the MPF Program was approximately $158 million. As of September 30, 2014 and December 31, 2013, the reserve for estimated credit losses related to loans sold under the MPF Program was $2.4 million and $2.5 million, respectively. Required reserves are calculated based on delinquency status and estimated loss rates established through the Corporation's existing allowance for credit losses methodology.

As of September 30, 2014 and December 31, 2013, the total reserve for losses on residential mortgage loans sold was $3.3 million and $8.6 million, respectively, including both reserves for credit losses under the MPF Program and reserves for representation and warranty exposures. Management believes that the reserves recorded as of September 30, 2014 are adequate. However, declines in collateral values, the identification of additional loans to be repurchased, or a deterioration in the credit quality of loans sold under the MPF Program could necessitate additional reserves in the future.

Regulatory Matters

In July 2014, three wholly owned banking subsidiaries of the Corporation, Fulton Bank, N.A., Swineford National Bank and FNB Bank, N.A., each entered into a Stipulation and Consent to the Issuance of a Consent Order (Consent Order) with their primary Federal bank regulatory agency, the Office of the Comptroller of the Currency, relating to identified deficiencies in a centralized Bank Secrecy Act and anti-money laundering compliance program, which was designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, the "BSA/AML Requirements") as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on July 18, 2014.  The Consent Orders require, among other things, that the banking subsidiaries review, assess and take actions to strengthen and enhance their compliance programs related to the BSA/AML Requirements (BSA/AML Compliance Program).

In September 2014, the Corporation and its wholly owned banking subsidiary, Lafayette Ambassador Bank (Lafayette), entered into a consent cease and desist order (Cease and Desist Order) with their primary Federal bank regulatory agency, the Board of Governors of the Federal Reserve System (Reserve Board), as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on September 9, 2014. The Cease and Desist Order requires, among other things, that the Corporation and Lafayette strengthen the BSA/AML Compliance Program and imposes requirements similar to those set forth in the Consent Orders. In addition, the Cease and Desist Order requires the Corporation to engage an independent third-party firm to conduct a comprehensive assessment of the BSA/AML Compliance Program, and that Lafayette engage an independent third-party firm to conduct a retrospective review of account and transaction activity from January 1, 2014 to June 30, 2014 associated with high-risk customers to determine whether suspicious activity was properly identified and reported in accordance with the BSA/AML requirements. Based on the results of this review the Reserve Board may require a review of transactions for additional time periods. Further, because the Consent Orders and the Cease and Desist Order relate to the BSA/AML Compliance Program, which is operated jointly for all of the Corporation’s subsidiary banks, management anticipates that one or both of the Corporation's other subsidiary banks will also become subject to an enforcement action related to the BSA/AML Requirements, and the provisions of any such enforcement action may differ from those of the Consent Orders and Cease and Desist Order.

Other Contingencies

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations.

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As of the date of this report, the Corporation believes that any liabilities, individually or in the aggregate, which may result from the final outcomes of pending proceedings will not have a material adverse effect on the financial condition, the operating results and/or the liquidity of the Corporation. However, legal proceedings are often unpredictable, and the actual results of such proceedings cannot be determined with certainty.

NOTE M – Fair Value Measurements

FASB ASC Topic 820 establishes a fair value hierarchy for the inputs to valuation techniques used to measure assets and liabilities at fair value using the following three categories (from highest to lowest priority):

• Level 1 – Inputs that represent quoted prices for identical instruments in active markets.

• Level 2 – Inputs that represent quoted prices for similar instruments in active markets, or quoted prices for identical instruments in non-active markets. Also includes valuation techniques whose inputs are derived principally from observable market data other than quoted prices, such as interest rates or other market-corroborated means.

• Level 3 – Inputs that are largely unobservable, as little or no market data exists for the instrument being valued.

The Corporation has categorized all assets and liabilities measured at fair value on both a recurring and nonrecurring basis into the above three levels.

The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	25,212	$	—	$	25,212
Available for sale investment securities:
Equity securities	45,278		—		—		45,278
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		240		—		240
State and municipal securities	—		257,616		—		257,616
Corporate debt securities	—		93,071		8,356		101,427
Collateralized mortgage obligations	—		955,040		—		955,040
Mortgage-backed securities	—		962,335		—		962,335
Auction rate securities	—		—		148,473		148,473
Total available for sale investments	45,278		2,268,502		156,829		2,470,609
Other assets	17,475		11,988		—		29,463
Total assets	$	62,753	$	2,305,702	$	156,829	$	2,525,284
Other liabilities	$	17,376	$	11,050	$	—	$	28,426

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	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	21,351	$	—	$	21,351
Available for sale investment securities:
Equity securities	46,201		—		—		46,201
U.S. Government securities	—		525		—		525
U.S. Government sponsored agency securities	—		726		—		726
State and municipal securities	—		284,849		—		284,849
Corporate debt securities	—		89,662		9,087		98,749
Collateralized mortgage obligations	—		1,032,398		—		1,032,398
Mortgage-backed securities	—		945,712		—		945,712
Auction rate securities	—		—		159,274		159,274
Total available for sale investments	46,201		2,353,872		168,361		2,568,434
Other assets	15,779		7,227		—		23,006
Total assets	$	61,980	$	2,382,450	$	168,361	$	2,612,791
Other liabilities	$	15,648	$	5,161	$	—	$	20,809

The valuation techniques used to measure fair value for the items in the preceding tables are as follows:

• Mortgage loans held for sale – This category consists of mortgage loans held for sale that the Corporation has elected to measure at fair value. Fair values as of September 30, 2014 and December 31, 2013 were measured based on the price that secondary market investors were offering for loans with similar characteristics.

• Available for sale investment securities – Included within this asset category are both equity and debt securities. Level 2 available for sale debt securities are valued by a third-party pricing service commonly used in the banking industry. The pricing service uses pricing models that vary based on asset class and incorporate available market information, including quoted prices of investment securities with similar characteristics. Because many fixed income securities do not trade on a daily basis, pricing models use available information, as applicable, through processes such as benchmark yield curves, benchmarking of like securities, sector groupings, and matrix pricing.

Standard market inputs include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data, including market research publications. For certain security types, additional inputs may be used, or some of the standard market inputs may not be applicable.

Management tests the values provided by the pricing service by obtaining securities prices from an alternative third-party source and comparing the results. This test is done for approximately 75% of the securities valued by the pricing service. Generally, differences by security in excess of 5% are researched to reconcile the difference.

• Equity securities – Equity securities consist of common stocks of financial institutions ($39.3 million at September 30, 2014 and $40.6 million at December 31, 2013) and other equity investments ($6.0 million at September 30, 2014 and $5.6 million at December 31, 2013). These Level 1 investments are measured at fair value based on quoted prices for identical securities in active markets.

• U.S. Government securities/U.S. Government sponsored agency securities/State and municipal securities/Collateralized mortgage obligations/Mortgage-backed securities – These debt securities are classified as Level 2 investments. Fair values are determined by a third-party pricing service, as detailed above.

• Corporate debt securities – This category consists of subordinated debt issued by financial institutions ($50.3 million at September 30, 2014 and December 31, 2013), single-issuer trust preferred securities issued by financial institutions ($44.1 million at September 30, 2014 and $40.5 million at December 31, 2013), pooled trust preferred securities issued by financial institutions ($4.5 million at September 30, 2014 and $5.3 million at December 31, 2013) and other corporate debt issued by non-financial institutions ($2.6 million at September 30, 2014 and December 31, 2013).

Level 2 investments include the Corporation’s holdings of subordinated debt, other corporate debt issued by non-financial institutions and $40.2 million and $36.7 million of single-issuer trust preferred securities held at

33

September 30, 2014 and December 31, 2013, respectively. The fair values for these corporate debt securities are determined by a third-party pricing service, as detailed above.

Level 3 investments include the Corporation’s investments in pooled trust preferred securities and certain single-issuer trust preferred securities ($3.9 million at September 30, 2014 and $3.8 million at December 31, 2013). The fair values of these securities were determined based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers. The Corporation’s third-party pricing service cannot derive fair values for these securities primarily due to inactive markets for similar investments. Level 3 values are tested by management primarily through trend analysis, by comparing current values to those reported at the end of the preceding calendar quarter, and determining if they are reasonable based on price and spread movements for this asset class.

• Auction rate securities – Due to their illiquidity, ARCs are classified as Level 3 investments and are valued through the use of an expected cash flows model prepared by a third-party valuation expert. The assumptions used in preparing the expected cash flows model include estimates for coupon rates, time to maturity and market rates of return. The most significant unobservable input to the expected cash flows model is an assumed return to market liquidity sometime within the next five years. If the assumed return to market liquidity was lengthened beyond the next five years, this would result in a decrease in the fair value of these ARCs. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid. Level 3 values are tested by management through the performance of a trend analysis of the market price and discount rate. Changes in the price and discount rates are compared to changes in market data, including bond ratings, parity ratios, balances and delinquency levels.

• Other assets – Included within this category are the following:

• Level 1 assets include mutual funds that are held in trust for employee deferred compensation plans ($16.1 million at September 30, 2014 and $15.3 million at December 31, 2013) and the fair value of foreign currency exchange contracts ($1.4 million at September 30, 2014 and $522,000 at December 31, 2013). The mutual funds and foreign exchange prices used to measure these items at fair value are based on quoted prices for identical instruments in active markets.

• Level 2 assets include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($1.3 million at September 30, 2014 and $2.1 million at December 31, 2013) and the fair value of interest rate swaps ($10.6 million at September 30, 2014 and $5.1 million at December 31, 2013). The fair values of the Corporation’s interest rate locks, forward commitments and interest rate swaps represent the amounts that would be required to settle the derivative financial instruments at the balance sheet date. See Note I, "Derivative Financial Instruments," for additional information.

• Other liabilities – Included within this category are the following:

• Level 1 liabilities include employee deferred compensation liabilities which represent amounts due to employees under deferred compensation plans ($16.1 million at September 30, 2014 and $15.3 million at December 31, 2013) and the fair value of foreign currency exchange contracts ($1.3 million at September 30, 2014 and $391,000 at December 31, 2013). The fair value of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

• Level 2 liabilities include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($408,000 at September 30, 2014 and $64,000 at December 31, 2013) and the fair value of interest rate swaps ($10.6 million at September 30, 2014 and $5.1 million at December 31, 2013). The fair values of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

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The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at June 30, 2014	$	4,275		$	3,820	$	146,931
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	230			47		1,280
Discount accretion (3)	—			2		262
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Three months ended September 30, 2013
Balance at June 30, 2013	$	5,391		$	3,670	$	152,592
Sales	—			—		(25		)
Realized adjustment to fair value (1)	(97		)	—		—
Unrealized adjustment to fair value (2)	(103		)	108		1,983
Settlements - calls	—			—		(317		)
Discount accretion (3)	—			2		277
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510
	Nine months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at December 31, 2013	$	5,306		$	3,781	$	159,274
Sales	(1,394		)	—		(11,912		)
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	789			83		1,528
Settlements - calls	(200		)	—		(1,081		)
Discount accretion (3)	4			5		664
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Nine months ended September 30, 2013
Balance at December 31, 2012	$	6,927		$	3,360	$	149,339
Sales	(4,987		)	—		(25		)
Realized adjustment to fair value (1)	1,604			—		—
Unrealized adjustment to fair value (2)	1,771			412		7,171
Settlements - calls	(124		)	—		(2,725		)
Discount accretion (3)	—			8		750
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510

(1) Realized adjustments to fair value represent credit related other-than-temporary impairment charges and gains on sales of investment securities, both included

as components of investment securities gains on the consolidated statements of income.

(2) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(3) Included as a component of net interest income on the consolidated statements of income.

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Certain financial assets are not measured at fair value on an ongoing basis, but are subject to fair value measurement in certain circumstances, such as upon their acquisition or when there is evidence of impairment. The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	128,952	$	128,952
Other financial assets	—		—		55,867		55,867
Total assets	$	—	$	—	$	184,819	$	184,819

	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	138,666	$	138,666
Other financial assets	—		—		57,504		57,504
Total assets	$	—	$	—	$	196,170	$	196,170

The valuation techniques used to measure fair value for the items in the table above are as follows:

• Net loans – This category consists of loans that were evaluated for impairment under FASB ASC Section 310-10-35 and have been classified as Level 3 assets. The amount shown is the balance of impaired loans, net of the related allowance for loan losses. See Note E, "Loans and Allowance for Credit Losses," for additional details.

• Other financial assets – This category includes OREO ($13.5 million at September 30, 2014 and $15.1 million at December 31, 2013) and MSRs ($42.4 million at September 30, 2014 and $42.5 million at December 31, 2013), both classified as Level 3 assets.

Fair values for OREO were based on estimated selling prices less estimated selling costs for similar assets in active markets.

MSRs are initially recorded at fair value upon the sale of residential mortgage loans to secondary market investors. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are stratified and evaluated for impairment by comparing each stratum's carrying amount to its estimated fair value. Fair values are determined at the end of each quarter through a discounted cash flows valuation performed by a third-party valuation expert. Significant inputs to the valuation included expected net servicing income, the discount rate and the expected life of the underlying loans. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. The weighted average annual constant prepayment rate and the weighted average discount rate used in the September 30, 2014 valuation were 12.0% and 9.1%, respectively. Management tests the reasonableness of the significant inputs to the third-party valuation in comparison to market data.

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As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of September 30, 2014 and December 31, 2013. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	September 30, 2014				December 31, 2013
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	220,946	$	220,946	$	218,540	$	218,540
Interest-bearing deposits with other banks	291,523		291,523		163,988		163,988
Federal Reserve Bank and Federal Home Loan Bank stock	86,056		86,056		84,173		84,173
Loans held for sale (1)	25,212		25,212		21,351		21,351
Available for sale investment securities (1)	2,470,609		2,470,609		2,568,434		2,568,434
Loans, net of unearned income (1)	13,030,405		12,909,164		12,782,220		12,688,774
Accrued interest receivable	43,544		43,544		44,037		44,037
Other financial assets (1)	157,664		157,664		146,933		146,933
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,342,243	$	10,342,243	$	9,573,264	$	9,573,264
Time deposits	2,991,384		2,986,545		2,917,922		2,927,374
Short-term borrowings	564,952		564,952		1,258,629		1,258,629
Accrued interest payable	17,425		17,425		15,218		15,218
Other financial liabilities (1)	147,121		147,121		124,440		124,440
Federal Home Loan Bank advances and long-term debt	1,018,289		1,012,741		883,584		875,984

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

Fair values of financial instruments are significantly affected by the assumptions used, principally the timing of future cash flows and discount rates. Because assumptions are inherently subjective in nature, the estimated fair values cannot be substantiated by comparison to independent market quotes and, in many cases, the estimated fair values could not necessarily be realized in an immediate sale or settlement of the instrument. The aggregate fair value amounts presented do not necessarily represent management’s estimate of the underlying value of the Corporation.

For short-term financial instruments, defined as those with remaining maturities of 90 days or less, and excluding those recorded at fair value on the Corporation’s consolidated balance sheets, book value was considered to be a reasonable estimate of fair value.

The following instruments are predominantly short-term:

Assets	Liabilities
Cash and due from banks	Demand and savings deposits
Interest bearing deposits with other banks	Short-term borrowings
Accrued interest receivable	Accrued interest payable

Federal Reserve Bank and Federal Home Loan Bank stock represent restricted investments and are carried at cost on the consolidated balance sheets. Each of the Corporation’s subsidiary banks is a member of the Federal Home Loan Bank for the region encompassing the headquarters of the subsidiary bank.  Memberships are maintained with the Atlanta, New York and Pittsburgh regional Federal Home Loan Banks (collectively referred to as the "FHLB").

Fair values for loans and time deposits were estimated by discounting future cash flows using the current rates at which similar loans would be made to borrowers and similar deposits would be issued to customers for the same remaining maturities. Fair values estimated in this manner do not fully incorporate an exit price approach to fair value, as defined in FASB ASC Topic 820.

The fair values of FHLB advances and long-term debt were estimated by discounting the remaining contractual cash flows using a rate at which the Corporation could issue debt with similar remaining maturities as of the balance sheet date. These borrowings would be categorized within Level 2 liabilities under FASB ASC Topic 820.

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NOTE N – Common Stock Repurchase Plans

In October 2013, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through March 2014. During the first quarter of 2014, the Corporation repurchased 4.0 million shares under this repurchase plan at an average cost of $12.45 per share, completing this repurchase program on February 19, 2014.

In May 2014, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through December 31, 2014. During the third quarter of 2014, the Corporation repurchased 4.0 million shares under this repurchase plan at an average cost of $11.36 per share, completing this repurchase program on August 25, 2014.

NOTE O - Subsequent Event

Dividend Declaration

On November 5, 2014, the Corporation announced that its Board of Directors declared a special cash dividend of $0.02 per share on its common stock, which will be paid on December 15, 2014 to shareholders of record as of December 1, 2014.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Management’s Discussion and Analysis of Financial Condition and Results of Operations (Management’s Discussion) relates to Fulton Financial Corporation (the Corporation), a financial holding company registered under the Bank Holding Company Act of 1956 and incorporated under the laws of the Commonwealth of Pennsylvania in 1982, and its wholly owned subsidiaries. Management’s Discussion should be read in conjunction with the consolidated financial statements and notes presented in this report.

FORWARD-LOOKING STATEMENTS

The Corporation has made, and may continue to make, certain forward-looking statements with respect to its financial condition and results of operations. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends" and similar expressions which are intended to identify forward-looking statements.          

These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Corporation's control and ability to predict, that could cause actual results to differ materially from those expressed in the forward-looking statements. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Many factors could affect future financial results including, without limitation: 

• the impact of adverse changes in the economy and real estate markets, including protracted periods of low-growth and sluggish loan demand;

• increases in non-performing assets, which may require the Corporation to increase the allowance for credit losses, charge-off loans and incur elevated collection and carrying costs related to such non-performing assets;

• the effects of market interest rates, particularly a continuing period of low market interest rates, and relative balances of rate-sensitive assets to rate-sensitive liabilities, on net interest margin and net interest income;

• capital and liquidity strategies, including the Corporation’s ability to comply with applicable capital and liquidity requirements (including the finalized Basel III capital standards), and the Corporation’s ability to generate capital internally or raise capital on favorable terms;

• investment securities gains and losses, including other-than-temporary declines in the value of securities which may result in charges to earnings;

• the impact of non-interest income growth, including the impact of potential regulatory changes;

• the impact of increased regulatory scrutiny of the banking industry;

• the effects of the increasing time and expense associated with regulatory compliance and risk management;

• the additional time, expense and investment required to comply with, and the restrictions on potential growth and investment activities resulting from, the issuance of enforcement orders by federal bank regulatory agencies;

• the Corporation’s ability to manage the uncertainty and lack of clear regulatory guidance associated with the delay in implementing many of the regulations mandated by the Dodd-Frank Act;

• the impact of operational risk, i.e. the risk of loss resulting from human error, inadequate or failed internal processes and systems, outsourcing arrangements, compliance and legal risk and external events;

• the Corporation’s ability to manage the level of non-interest expenses, including salaries and employee benefits expenses, operating risk losses, amortization of intangible assets and goodwill impairment;

• the Corporation’s ability to keep pace with technological changes and to identify and to address cyber-security risks;

• the effects of competition on rates of deposit, loan growth and net interest margin; and

• any damage to the Corporation’s reputation resulting from developments related to any of the items identified above.

RESULTS OF OPERATIONS

Overview and Summary Financial Results

Fulton Financial Corporation is a financial holding company comprised of six wholly owned banking subsidiaries which provide a full range of retail and commercial financial services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The Corporation generates the majority of its revenue through net interest income, or the difference between interest earned on loans and investments and interest paid on deposits and borrowings. Growth in net interest income is dependent upon balance sheet growth and/or maintaining or increasing the net interest margin, which is net interest income (fully taxable-equivalent, or FTE)

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as a percentage of average interest-earning assets. The Corporation also generates revenue through fees earned on the various services and products offered to its customers and through gains on sales of assets, such as loans, investments, lines of business or properties. Offsetting these revenue sources are provisions for credit losses on loans, non-interest expenses and income taxes.

The following table presents a summary of the Corporation’s earnings and selected performance ratios:

	As of or for the Three months ended September 30						As of or for the Nine months ended September 30
	2014			2013			2014			2013
Income before income taxes (in thousands)	$	51,968		$	53,785		$	161,081		$	158,503
Net income (in thousands)	$	38,566		$	39,948		$	119,945		$	119,757
Diluted net income per share	$	0.21		$	0.21		$	0.64		$	0.61
Return on average assets	0.90		%	0.93		%	0.95		%	0.95		%
Return on average equity	7.32		%	7.81		%	7.72		%	7.79		%
Net interest margin (1)	3.39		%	3.45		%	3.42		%	3.51		%
Non-performing assets to total assets	0.91		%	1.09		%	0.91		%	1.09		%
Annualized net charge-offs to average loans	0.18		%	0.45		%	0.24		%	0.54		%

(1) Presented on an FTE basis, using a 35% Federal tax rate and statutory interest expense disallowances. See also the “Net Interest Income” section of Management’s Discussion.

Income before income taxes for the third quarter of 2014 decreased $1.8 million, or 3.4%, compared to the third quarter of 2013. For the first nine months of 2014, income before taxes increased $2.6 million, or 1.6%, compared to the same period in 2013.The Corporation's results for the three and nine months ended September 30, 2014 in comparison to the same periods in 2013 were most significantly impacted by decreases in the provision for credit losses, as a result of improved asset quality, a decline in net interest income, and lower non-interest income, partially offset by decreases in non-interest expense.

Following is a summary of financial highlights for the three and nine months ended September 30, 2014:

Asset Quality - For the three and nine months ended September 30, 2014, the Corporation's provision for credit losses decreased $6.0 million, or 63.2%, and $28.5 million, or 75.0%, respectively, in comparison to the same periods in 2013. These decreases were due to an overall improvement in asset quality.

Non-performing loans decreased $24.4 million, or 14.5%, since September 30, 2013. The total delinquency rate was 1.69% as of September 30, 2014, compared to 1.97% as of September 30, 2013. Annualized net charge-offs to average loans outstanding were 0.18% for the third quarter of 2014, compared to 0.45% for the third quarter of 2013.

Net Interest Income and Net Interest Margin - For the three and nine months ended September 30, 2014, net interest income decreased $3.2 million, or 2.4%, and $7.4 million, or 1.9%, respectively, in comparison to the same periods in 2013. Net interest income for the three and nine months ended September 30, 2014 was negatively impacted by net interest margin compression as yields on interest-earning assets declined more significantly than the cost of interest-bearing liabilities in comparison to the same periods in 2013. The net interest margin for the third quarter of 2014 decreased 6 basis points, or 1.7%, in comparison to the third quarter of 2013. For the nine months ended September 30, 2014, net interest margin decreased 9 basis points, or 2.6%, in comparison to the same period of 2013.

Average interest-earning assets decreased $56.5 million, or 0.4%, in the third quarter of 2014 in comparison to the same period of 2013, mainly due to a $295.6 million, or 10.7%, decrease in average investment securities partially offset by a $194.7 million, or 1.5%, increase in average loans. Average interest-earning assets for the first nine months of 2014 increased $110.0 million, or 0.7%, compared to the same period in 2013, primarily as a result of a $321.2 million, or 2.6%, increase in average loans, partially offset by a $233.1 million, or 8.5%, decrease in average investment securities.

Non-interest Income - For the three and nine months ended September 30, 2014, non-interest income, excluding investment securities gains, decreased $2.9 million, or 6.5%, and $14.9 million, 10.7%, respectively, in comparison to the same periods in 2013. The decreases in non-interest income were primarily due to decreases in mortgage banking income, with declines in service charges on deposits, particularly overdraft fee income, also contributing to the decreases.

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Non-interest Expense - For the three and nine months ended September 30, 2014, non-interest expense decreased $807,000, or 0.7%, and $3.1 million, or 0.9%, respectively, in comparison to the same periods in 2013. These decreases were primarily driven by decreases in other real estate owned (OREO) and repossession expense, due to improved asset quality, and decreases in operating risk losses, partially offset by increases in other outside services as a result of consulting expense incurred primarily for risk management and regulatory compliance initiatives, as discussed under the heading, "Regulatory Compliance and Risk Management Matters" below.

During the first quarter of 2014, the Corporation implemented a series of initiatives intended to reduce non-interest expenses by approximately $7 million in 2014 and approximately $8 million on an annualized basis. These initiatives included the consolidation of 13 branches, streamlining of subsidiary bank management structures and other employee compensation and benefit reductions.

The branch consolidations resulted in the transfer of deposits, employees and other branch resources to existing branch locations. During the first quarter of 2014, $2.1 million of expenses, consisting mainly of lease termination costs and the write-off of leasehold improvements, were incurred. Total expense reductions to be realized in 2014 as a result of the branch consolidations are approximately $2.4 million, including $800,000 and $1.6 million, respectively, during the three and nine months ended September 30,2014.

The streamlining of subsidiary bank management structures resulted in the elimination of five subsidiary bank divisional executive positions, while other employee compensation and benefit reductions were realized from changes to certain employee benefits plans, most notably an amendment to the postretirement benefits plan (Postretirement Plan). During the first quarter of 2014, $1.1 million of net implementation gains were recognized from these actions. Total expense reductions to be realized in 2014 as a result of these actions are approximately $4.6 million, including $1.2 million and $3.4 million, respectively, during the three and nine months ended September 30,2014.

Regulatory Compliance and Risk Management Matters - Virtually every aspect of the Corporation’s operations is subject to extensive regulation, and in recent years, a combination of financial reform legislation and heightened scrutiny by banking regulators has significantly increased expectations regarding what constitutes an effective risk and compliance management infrastructure. Bank regulators are scrutinizing banks through longer and more extensive bank examinations in both the safety and soundness and compliance areas.

To keep pace with these heightened expectations in the compliance area, in 2012 the Corporation began devoting substantial resources to improving its risk management framework and regulatory compliance programs, including those designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, BSA/AML Requirements). The Corporation has made substantial progress in strengthening its risk management and regulatory compliance programs, including the addition of personnel and retention of third-party consultants that specialize in strengthening compliance programs addressing the BSA/AML Requirements. However, the pace of this progress has not been consistent with current regulatory expectations, and continuing deficiencies in compliance program elements related to the BSA/AML Requirements have been identified at the Corporation’s banking subsidiaries, and at the Corporation.

In July 2014, three of the Corporation’s banking subsidiaries, Fulton Bank, N.A., Swineford National Bank and FNB Bank, N.A., each entered into a Stipulation and Consent to the Issuance of a Consent Order (Consent Order) with their primary Federal bank regulatory agency, the Office of the Comptroller of the Currency, relating to identified deficiencies in a centralized compliance program (BSA/AML Compliance Program) designed to comply with the BSA/AML Requirements, as disclosed by the Corporation in a Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2014. The Consent Orders require, among other things, that the banking subsidiaries in question review, assess and take actions to strengthen and enhance the BSA/AML Compliance Program.

In September 2014, the Corporation and its wholly owned banking subsidiary, Lafayette Ambassador Bank (Lafayette), entered into a consent cease and desist order (Cease and Desist Order) with their primary Federal bank regulatory agency, the Board of Governors of the Federal Reserve System (Reserve Board), as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on September 9, 2014. The Cease and Desist Order requires, among other things, that the Corporation and Lafayette strengthen the BSA/AML Compliance Program and imposes requirements similar to those set forth in the Consent Orders. In addition, the Cease and Desist Order requires the Corporation to engage an independent third-party firm to conduct a comprehensive assessment of the BSA/AML Compliance Program, and that Lafayette engage an independent third-party firm to conduct a retrospective review of account and transaction activity from January 1, 2014 to June 30, 2014 associated with high-risk customers to determine whether suspicious activity was properly identified and reported in accordance with the BSA/AML requirements. Based on the results of this review the Reserve Board may require a review of transactions for additional time periods. Further, because the Consent Orders and the Cease and Desist Order relate to the BSA/AML Compliance Program, which is operated

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jointly for all of the Corporation’s subsidiary banks, management anticipates that one or both of the Corporation's other subsidiary banks will also become subject to an enforcement action related to the BSA/AML Requirements, and the provisions of any such enforcement action may differ from those of the Consent Orders and Cease and Desist Order.

In addition to requiring strengthening and enhancement of the BSA/AML Compliance Program, the Consent Orders and the Cease and Desist Order impose certain restrictions on expansion activities of the Corporation and its subsidiary banks. Further, any failure to comply with the requirements of any of these enforcement actions involving the Corporation or its subsidiary banks could result in further enforcement actions, the imposition of material restrictions on the activities of the Corporation or its subsidiary banks, or the assessment of fines or penalties.

During the three and nine months ended September 30, 2014 the Corporation incurred approximately $3 million and $6 million, respectively, of outside services expense related to strengthening and enhancing the BSA/AML Compliance Program. Additional expenses and investments may be required as the Corporation further expands its hiring of personnel and use of outside professionals, such as consulting and legal services, and possibly for capital investments in operating systems to strengthen and support the BSA/AML Compliance Program, as well as the Corporation’s broader compliance and risk management infrastructures. The expense and capital investment associated with all of these efforts, including in connection with the Consent Orders and the the Cease and Desist Order could have a material adverse effect on the Corporation’s results of operations in future periods.

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Quarter Ended September 30, 2014 compared to the Quarter Ended September 30, 2013

Net Interest Income

Fully-taxable equivalent (FTE) net interest income decreased $3.2 million to $133.7 million in the third quarter of 2014, from $136.9 million in the third quarter of 2013. This decrease was primarily due to a 6 basis point, or 1.7%, decrease in the net interest margin, to 3.39% for the third quarter of 2014 from 3.45% for the third quarter of 2013. The following table provides a comparative average balance sheet and net interest income analysis for the third quarter of 2014 as compared to the same period in 2013. Interest income and yields are presented on an FTE basis, using a 35% Federal tax rate and statutory interest expense disallowances. The discussion following this table is based on these FTE amounts. All dollar amounts are in thousands.

	Three months ended September 30
	2014								2013
ASSETS	Average Balance			Interest (1)			Yield/ Rate		Average Balance			Interest (1)			Yield/ Rate
Interest-earning assets:
Loans, net of unearned income (2)	$	12,922,821		$	136,773		4.20	%	$	12,728,162		$	139,141		4.34	%
Taxable investment securities (3)	2,181,099			12,278			2.25		2,446,583			12,977			2.12
Tax-exempt investment securities (3)	256,303			3,414			5.33		284,372			3,581			5.04
Equity securities (3)	34,002			438			5.12		35,999			435			4.82
Total investment securities	2,471,404			16,130			2.61		2,766,954			16,993			2.46
Loans held for sale	23,699			237			4.01		36,450			382			4.19
Other interest-earning assets	293,286			976			1.33		236,185			659			1.12
Total interest-earning assets	15,711,210			154,116			3.90	%	15,767,751			157,175			3.96	%
Noninterest-earning assets:
Cash and due from banks	203,134								210,525
Premises and equipment	224,241								224,837
Other assets	1,055,521								1,009,162
Less: Allowance for loan losses	(192,163		)						(220,342		)
Total Assets	$	17,001,943							$	16,991,933
LIABILITIES AND EQUITY
Interest-bearing liabilities:
Demand deposits	$	3,047,191		$	953		0.12	%	$	2,895,156		$	938		0.13	%
Savings deposits	3,468,958			1,061			0.12		3,359,795			1,015			0.12
Time deposits	3,009,225			6,984			0.92		3,065,210			6,790			0.88
Total interest-bearing deposits	9,525,374			8,998			0.37		9,320,161			8,743			0.37
Short-term borrowings	667,397			297			0.18		1,337,742			691			0.20
Federal Home Loan Bank advances and long-term debt	995,486			11,129			4.45		889,141			10,865			4.87
Total interest-bearing liabilities	11,188,257			20,424			0.73	%	11,547,044			20,299			0.70	%
Noninterest-bearing liabilities:
Demand deposits	3,514,033								3,221,648
Other	210,194								194,163
Total Liabilities	14,912,484								14,962,855
Shareholders’ equity	2,089,459								2,029,078
Total Liabilities and Shareholders’ Equity	$	17,001,943							$	16,991,933
Net interest income/net interest margin (FTE)				133,692			3.39	%				136,876			3.45	%
Tax equivalent adjustment				(4,326		)						(4,343		)
Net interest income				$	129,366							$	132,533

(1) Includes dividends earned on equity securities.

(2) Includes non-performing loans.

(3) Balances include amortized historical cost for available for sale securities; the related unrealized holding gains (losses) are included in other assets.

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The following table summarizes the changes in FTE interest income and interest expense resulting from changes in average balances (volume) and changes in rates for the three months ended September 30:

	2014 vs. 2013 Increase (Decrease) due to change in
	Volume			Rate			Net
	(in thousands)
Interest income on:
Loans, net of unearned income	$	2,127		$	(4,495	)	$	(2,368	)
Taxable investment securities	(1,471		)	772			(699		)
Tax-exempt investment securities	(368		)	201			(167		)
Equity securities	(24		)	27			3
Loans held for sale	(129		)	(16		)	(145		)
Other interest-earning assets	178			139			317
Total interest income	$	313		$	(3,372	)	$	(3,059	)
Interest expense on:
Demand deposits	$	65		$	(50	)	$	15
Savings deposits	46			—			46
Time deposits	(121		)	315			194
Short-term borrowings	(329		)	(65		)	(394		)
Federal Home Loan Bank advances and long-term debt	1,245			(981		)	264
Total interest expense	$	906		$	(781	)	$	125

Note: Changes which are partially attributable to both volume and rate are allocated to the volume and rate components presented above based on the percentage of direct changes that are attributable to each component.

As summarized above, a 6 basis point, or 1.5%, decrease in yields on average interest-earnings assets resulted in a $3.4 million decrease in FTE interest income, partially offset by a $313,000 increase in FTE interest income as a result of a shift in the mix of average interest-earning assets.

Average investments decreased $295.6 million, or 10.7%, as portfolio cash flows were not fully reinvested. The yield on average investments increased 15 basis points, or 6.1%, to 2.61% in the third quarter of 2014 from 2.46% in the third quarter of 2013. A $1.2 million, or 41.5%, decrease in net premium amortization on mortgage-backed securities and collateralized mortgage obligations had a 14 basis point positive impact on the overall change in portfolio yield.

Average loans and average FTE yields, by type, are summarized in the following table:

	Three months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Yield		Balance		Yield		$			%
	(dollars in thousands)
Real estate – commercial mortgage	$	5,114,221	4.35	%	$	4,961,871	4.57	%	$	152,350		3.1	%
Commercial – industrial, financial and agricultural	3,657,047		3.97		3,706,113		4.04		(49,066		)	(1.3	)
Real estate – home equity	1,727,253		4.18		1,767,095		4.19		(39,842		)	(2.3	)
Real estate – residential mortgage	1,369,087		3.93		1,323,972		4.15		45,115			3.4
Real estate – construction	663,922		3.98		576,222		4.10		87,700			15.2
Consumer	284,630		5.39		299,057		4.76		(14,427		)	(4.8	)
Leasing and other	106,661		7.16		93,832		9.42		12,829			13.7
Total	$	12,922,821	4.20	%	$	12,728,162	4.34	%	$	194,659		1.5	%

Average loans increased $194.7 million, or 1.5%, compared to the third quarter of 2013, mainly in commercial mortgages, real estate - construction and residential mortgages. The growth in commercial mortgages was driven by a combination of loans to new customers and increased borrowings from existing customers. The average yield on loans decreased 14 basis points, or 3.2%, to 4.20% in 2014 from 4.34% in 2013. The decrease in average yields on loans was primarily in commercial mortgages and was

44

attributable to repayments of higher-yielding loans and new loan production at lower rates and elimination of interest rate floors on certain loans.

Average other interest-earning assets increased $57.1 million, or 24.2%, primarily due to an increase in average interest-bearing deposits with other banks. The average yield on other interest-earning assets increased 21 basis points, or 18.8%, due to increases in dividends on Federal Home Loan Bank stock. Each of the Corporation’s subsidiary banks is a member of the Federal Home Loan Bank for the region encompassing the headquarters of the subsidiary bank.  Memberships are maintained with the Atlanta, New York and Pittsburgh regional Federal Home Loan Banks (collectively referred to as the "FHLB"). As of September 30, 2014, the Corporation held $66.8 million of FHLB stock.

Interest expense increased $125,000, or 0.6%, to $20.4 million in the third quarter of 2014 from $20.3 million in the third quarter of 2013. Although average interest-bearing liabilities decreased $358.8 million, or 3.1%, compared to the third quarter of 2013, a change in funding mix from lower cost short-term federal funds and short-term FHLB advances to higher rate interest bearing non-maturity deposits and higher-cost long-term FHLB advances resulted in a $906,000 increase in interest expense.

Average deposits and average interest rates, by type, are summarized in the following table:

	Three months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Noninterest-bearing demand	$	3,514,033	—	%	$	3,221,648	—	%	$	292,385		9.1	%
Interest-bearing demand	3,047,191		0.12		2,895,156		0.13		152,035			5.3
Savings	3,468,958		0.12		3,359,795		0.12		109,163			3.2
Total demand and savings	10,030,182		0.08		9,476,599		0.08		553,583			5.8
Time deposits	3,009,225		0.92		3,065,210		0.88		(55,985		)	(1.8	)
Total deposits	$	13,039,407	0.27	%	$	12,541,809	0.28	%	$	497,598		4.0	%

The $553.6 million, or 5.8%, increase in total demand and savings accounts was primarily due to a $251.5 million, or 7.6%, increase in business account balances, a $190.1 million, or 4.3%, increase in personal account balances and a $129.4 million, or 7.8% increase in municipal account balances. The average cost of total deposits decreased one basis point due to a higher concentration in demand and savings accounts, partially offset by an increase in rates on average time deposits.

Average borrowings and interest rates, by type, are summarized in the following table:

	Three months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	202,809	0.11	%	$	196,503	0.11	%	$	6,306		3.2	%
Customer short-term promissory notes	83,734		0.05		91,573		0.06		(7,839		)	(8.6	)
Total short-term customer funding	286,543		0.09		288,076		0.09		(1,533		)	(0.5	)
Federal funds purchased	224,930		0.19		559,992		0.23		(335,062		)	(59.8	)
Short-term FHLB advances (1)	155,924		0.32		489,674		0.23		(333,750		)	(68.2	)
Total short-term borrowings	667,397		0.18		1,337,742		0.20		(670,345		)	(50.1	)
Long-term debt:
FHLB advances	625,712		3.60		519,520		4.14		106,192			20.4
Other long-term debt	369,774		5.89		369,621		5.89		153			—
Total long-term debt	995,486		4.45		889,141		4.87		106,345			12.0
Total borrowings	$	1,662,883	2.74	%	$	2,226,883	2.07	%	$	(564,000	)	(25.3	)%

(1) Represents FHLB advances with an original maturity term of less than one year.

Total short-term borrowings decreased $670.3 million, or 50.1%, primarily in federal funds purchased and short-term FHLB advances. The decrease was driven by lower wholesale funding needs resulting from the decrease in average investment securities and an increase in average deposits exceeding the growth in average loans.

45

The average cost of total borrowings increased 67 basis points, or 32.4%, to 2.74% in 2014 from 2.07% in 2013, primarily due to the weighted average cost impact of a decrease in lower-cost, short-term borrowings, which were 40.1% of total borrowings in 2014 and 60.1% in 2013. This reflects the Corporation's continuing efforts to lengthen maturities and lock in longer term rates.

Provision for Credit Losses

The provision for credit losses was $3.5 million for the third quarter of 2014, a decrease of $6.0 million, or 63.2%, from the third quarter of 2013 due to improvements in asset quality, as shown by reductions in non-performing loans and overall delinquency rates.

The provision for credit losses is recognized as an expense in the consolidated statements of income and is the amount necessary to adjust the allowance for credit losses to its appropriate balance, as determined through the Corporation's allowance methodology. The Corporation determines the appropriate level of the allowance for credit losses based on many quantitative and qualitative factors, including, but not limited to: the size and composition of the loan portfolio, changes in risk ratings, changes in collateral values, delinquency levels, historical losses and economic conditions. See the "Financial Condition" section of Management's Discussion under the heading "Provision for Credit Losses and Allowance for Credit Losses" for details related to the Corporation's allowance and provision for credit losses.

Non-Interest Income

The following table presents the components of non-interest income:

	Three months ended September 30				Increase (Decrease)
	2014		2013		$			%
	(dollars in thousands)
Service charges on deposit accounts:
Overdraft fees	$	5,806	$	7,191	$	(1,385	)	(19.3	)%
Cash management fees	3,191		3,001		190			6.3
Other	3,804		3,746		58			1.5
Total service charges on deposit accounts	12,801		13,938		(1,137		)	(8.2	)
Investment management and trust services	11,120		10,420		700			6.7
Other service charges and fees:
Merchant fees	3,774		3,396		378			11.1
Debit card income	2,407		2,394		13			0.5
Letter of credit fees	1,163		1,255		(92		)	(7.3	)
Commercial swap fees	537		447		90			20.1
Other	2,073		2,026		47			2.3
Total other service charges and fees	9,954		9,518		436			4.6
Mortgage banking income:
Gain on sales of mortgage loans	2,613		4,457		(1,844		)	(41.4	)
Mortgage servicing income	1,425		2,666		(1,241		)	(46.5	)
Total mortgage banking income	4,038		7,123		(3,085		)	(43.3	)
Credit card income	2,331		2,229		102			4.6
Other income	1,575		1,496		79			5.3
Total, excluding investment securities gains	41,819		44,724		(2,905		)	(6.5	)
Investment securities gains	81		2,633		(2,552		)	(96.9	)
Total	$	41,900	$	47,357	$	(5,457	)	(11.5	)%

The $1.4 million, or 19.3%, decrease in overdraft fee income consisted of a $974,000 decrease in fees assessed on personal accounts and a $411,000 decrease in fees assessed on commercial accounts. The overall decline in these fees resulted from a reduction in the number of overdrafts, partially driven by changes in customer behavior and a reduction in the maximum number of overdraft fees that may be assessed each day.

The $700,000, or 6.7%, increase in investment management and trust services income was due to a $350,000, or 7.7%, increase in brokerage revenue and a $350,000, or 6.0%, increase in trust commissions. These increases resulted from new trust business

46

sales, improved market conditions that increased the values of existing assets under management and additional recurring revenue generated through the brokerage business due to growth in new accounts.

Gains on sales of mortgage loans decreased $1.8 million, or 41.4%, due to a $94.4 million, or 32.4%, decrease in new loan commitments and a 13.3% decrease in pricing spreads compared to the third quarter of 2013. The decline in new loan commitments was mainly in refinancing volumes, which totaled approximately $56.4 million, or 28.6%, of new loan commitments, in the third quarter of 2014 compared to $93.6 million, or 32.1%, during the third quarter of 2013. Mortgage servicing income decreased $1.2 million, or 46.5%, due to the absence of a $1.7 million reversal of the mortgage servicing rights valuation allowance, which occurred in the third quarter of 2013.

Merchant fees increased $377,000, or 11.1%, due to an increase in volumes. Investment securities gains for the third quarter of 2014 were a result of net realized gains on sales of financial institution stocks, partially offset by $18,000 of other-than-temporary impairment charges on pooled trust preferred securities. Investment securities gains of $2.6 million for the third quarter of 2013 included $2.1 million of realized gains on financial institution stocks and $595,000 of net realized gains on the sales of debt securities, partially offset by $97,000 of other-than temporary impairment charges on pooled trust preferred debt securities.See Note D, "Investment Securities," in the Notes to Consolidated Financial Statements for additional details.

Non-Interest Expense

The following table presents the components of non-interest expense:

	Three months ended September 30				Increase (Decrease)
	2014		2013		$			%
	(dollars in thousands)
Salaries and employee benefits	$	62,434	$	63,344	$	(910	)	(1.4	)%
Net occupancy expense	11,582		11,519		63			0.5
Other outside services	8,632		5,048		3,584			71.0
Data processing	4,689		4,757		(68		)	(1.4	)
Software	3,353		3,268		85			2.6
Equipment expense	3,307		3,646		(339		)	(9.3	)
Professional fees	3,252		3,329		(77		)	(2.3	)
FDIC insurance expense	2,882		2,918		(36		)	(1.2	)
Marketing	1,798		2,251		(453		)	(20.1	)
Telecommunications	1,587		2,046		(459		)	(22.4	)
Postage	1,415		1,163		252			21.7
Other real estate owned and repossession expense	1,303		1,453		(150		)	(10.3	)
Operating risk loss	1,242		3,297		(2,055		)	(62.3	)
Supplies	1,145		1,504		(359		)	(23.9	)
Intangible amortization	314		534		(220		)	(41.2	)
Other	6,863		6,528		335			5.1
Total	$	115,798	$	116,605	$	(807	)	(0.7	)%

Salaries and employee benefits decreased $910,000, or 1.4%, as a result of a $601,000, or 1.2%, increase in salaries offset by a $1.5 million, or 13.9%, decrease in employee benefits. The increase in salaries was mostly due to normal merit increases, partially offset by lower salaries expense resulting from the 2014 cost savings initiatives. The decrease in employee benefits was primarily a result of the Corporation's cost savings initiatives, which included the elimination and reduction of certain employee benefit plans, most notably a decrease in profit sharing contributions and an amendment to the Postretirement Plan. For additional information related to the amendment to the Postretirement Plan, see Note H, "Employee Benefit Plans" in the Notes to Consolidated Financial Statements.

Other outside services increased $3.6 million, or 71.0%, due to an increase in consulting services related to the acceleration of risk management and compliance efforts, including those in connection with the enhancement of the Corporation’s program for compliance with the BSA/AML Requirements. The $2.1 million, or 62.3%, decrease in operating risk loss was due to a $2.0 million decrease in losses associated with previously sold residential mortgages.

47

Income Taxes

Income tax expense for the third quarter of 2014 was $13.4 million, a $435,000, or 3.1%, decrease from $13.8 million for the third quarter of 2013.

The Corporation’s effective tax rate was 25.8% in the third quarter of 2014, as compared to 25.7% in the third quarter of 2013.The effective rate is generally lower than the Federal statutory rate of 35% due to investments in tax-free municipal securities and credits earned from investments in partnerships that generate tax credits under various federal programs.

Nine Months EndedSeptember 30, 2014 compared to the Nine Months EndedSeptember 30, 2013

Net Interest Income

FTE net interest income decreased $7.5 million, or 1.8%, to $399.7 million in the first nine months of 2014 from $407.2 million in the same period of 2013.

Net interest margin decreased 9 basis points, or 2.6%, to 3.42% for the first nine months of 2014 from 3.51% for the first nine months of 2013. The decrease in net interest margin was the result of a 12 basis point, or 3.0%, decrease in yields on interest-earning assets, partially offset by a 3 basis point, or 4.1%, decrease in funding costs.

48

The following table provides a comparative average balance sheet and net interest income analysis for the first nine months of 2014 as compared to the same period in 2013. Interest income and yields are presented on an FTE basis, using a 35% Federal tax rate and statutory interest expense disallowances. The discussion following this table is based on these FTE amounts. All dollar amounts are in thousands.

	Nine months ended September 30
	2014								2013
ASSETS	Average Balance			Interest  (1)			Yield/ Rate		Average Balance			Interest  (1)			Yield/ Rate
Interest-earning assets:
Loans, net of unearned income (2)	$	12,827,563		$	405,904		4.23	%	$	12,506,393		$	414,091		4.43	%
Taxable investment securities (3)	2,216,344			37,962			2.28		2,426,015			40,890			2.25
Tax-exempt investment securities (3)	268,604			10,561			5.24		285,638			11,003			5.14
Equity securities (3)	33,949			1,286			5.06		40,352			1,416			4.69
Total investment securities	2,518,897			49,809			2.64		2,752,005			53,309			2.58
Loans held for sale	18,259			585			4.27		42,122			1,261			3.99
Other interest-earning assets	263,797			3,065			1.55		217,975			1,527			0.93
Total interest-earning assets	15,628,516			459,363			3.93	%	15,518,495			470,188			4.05	%
Noninterest-earning assets:
Cash and due from banks	200,368								206,403
Premises and equipment	225,033								225,733
Other assets	1,041,834								1,047,122
Less: Allowance for loan losses	(197,235		)						(223,220		)
Total Assets	$	16,898,516							$	16,774,533
LIABILITIES AND EQUITY
Interest-bearing liabilities:
Demand deposits	$	2,969,470		$	2,766		0.12	%	$	2,773,917		$	2,687		0.13	%
Savings deposits	3,392,681			3,127			0.12		3,348,413			3,054			0.12
Time deposits	2,984,861			19,686			0.88		3,184,281			22,901			0.96
Total interest-bearing deposits	9,347,012			25,579			0.37		9,306,611			28,642			0.41
Short-term borrowings	972,694			1,470			0.20		1,228,882			1,900			0.20
FHLB advances and long-term debt	924,920			32,606			4.71		889,826			32,448			4.87
Total interest-bearing liabilities	11,244,626			59,655			0.71	%	11,425,319			62,990			0.74	%
Noninterest-bearing liabilities:
Demand deposits	3,360,876								3,103,381
Other	214,826								190,976
Total Liabilities	14,820,328								14,719,676
Shareholders’ equity	2,078,188								2,054,857
Total Liabilities and Shareholders’ Equity	$	16,898,516							$	16,774,533
Net interest income/net interest margin (FTE)				399,708			3.42	%				407,198			3.51	%
Tax equivalent adjustment				(12,879		)						(12,956		)
Net interest income				$	386,829							$	394,242

(1) Includes dividends earned on equity securities.

(2) Includes non-performing loans.

(3) Balances include amortized historical cost for available for sale securities. The related unrealized holding gains (losses) are included in other assets.

49

The following table summarizes the changes in FTE interest income and expense for the first nine months of 2014 as compared to the same period in 2013 due to changes in average balances (volume) and changes in rates:

	2014 vs. 2013 Increase (Decrease) due to change in
	Volume			Rate			Net
	(in thousands)
Interest income on:
Loans, net of unearned income	$	10,461		$	(18,648	)	$	(8,187	)
Taxable investment securities	(3,425		)	497			(2,928		)
Tax-exempt investment securities	(650		)	208			(442		)
Equity securities	(237		)	107			(130		)
Loans held for sale	(759		)	83			(676		)
Other interest-earning assets	365			1,173			1,538
Total interest income	$	5,755		$	(16,580	)	$	(10,825	)
Interest expense on:
Demand deposits	$	184		$	(105	)	$	79
Savings deposits	41			32			73
Time deposits	(1,383		)	(1,832		)	(3,215		)
Short-term borrowings	(467		)	37			(430		)
FHLB advances and long-term debt	1,218			(1,060		)	158
Total interest expense	$	(407	)	$	(2,928	)	$	(3,335	)

Note: Changes which are partially attributable to both volume and rate are allocated to the volume and rate components presented above based on the percentage of direct changes that are attributable to each component.

A 12 basis point, or 3.0%, decrease in yields on average interest-earning assets resulted in a $16.6 million decrease in FTE interest income, which was partially offset by a $5.8 million increase in FTE interest income resulting from a $110.0 million, or 0.7%, increase in average interest-earning assets. Average investments decreased $233.1 million, or 8.5%, as portfolio cash flows were not fully reinvested.

The yield on average investments increased 6 basis points, or 2.3%, to 2.64% in 2014 from 2.58% in 2013.A $5.4 million, or 52.1%, decrease in net premium amortization on mortgage-backed securities and collateralized mortgage obligations had a 13 basis point positive impact on the overall change in portfolio yield. This positive impact was partially offset by the impact of purchases of mortgage-backed securities and collateralized mortgage obligations at yields that were lower than the overall portfolio yield.

Average loans, by type, are summarized in the following table:

	Nine months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Yield		Balance		Yield		$			%
	(dollars in thousands)
Real estate – commercial mortgage	$	5,112,735	4.38	%	$	4,796,557	4.71	%	$	316,178		6.6	%
Commercial – industrial, financial and agricultural	3,637,440		3.98		3,694,612		4.14		(57,172		)	(1.5	)
Real estate – home equity	1,739,352		4.18		1,721,041		4.24		18,311			1.1
Real estate – residential mortgage	1,348,269		3.96		1,305,434		4.17		42,835			3.3
Real estate – construction	609,803		4.08		594,991		4.10		14,812			2.5
Consumer	278,697		4.93		303,127		4.88		(24,430		)	(8.1	)
Leasing and other	101,267		8.54		90,631		8.99		10,636			11.7
Total	$	12,827,563	4.23	%	$	12,506,393	4.43	%	$	321,170		2.6	%

50

The $316.2 million, or 6.6%, increase in commercial mortgages was from both new and existing customers. The average yield on loans decreased 20 basis points, or 4.5%, to 4.23% in 2014 from 4.43% in 2013. The decrease in average yields on loans was attributable to repayments of higher-yielding loans and new loan production at lower rates and elimination of interest rate floors on certain loans.

Interest expense decreased $3.3 million, or 5.3%, to $59.7 million in the first nine months of 2014 from $63.0 million in the first nine months of 2013. Interest expense decreased $2.9 million as a result of a 3 basis point, or 4.1%, decrease in the average cost of interest-bearing liabilities, primarily a result of a decrease in average costs of time deposits. A $180.7 million, or 1.6%, decrease in average interest-bearing liabilities resulted in an additional $407,000 decrease in interest expense.

Average deposits, by type, are summarized in the following table:

	Nine months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Noninterest-bearing demand	$	3,360,876	—	%	$	3,103,381	—	%	$	257,495		8.3	%
Interest-bearing demand	2,969,470		0.12		2,773,917		0.13		195,553			7.0
Savings	3,392,681		0.12		3,348,413		0.12		44,268			1.3
Total demand and savings	9,723,027		0.08		9,225,711		0.08		497,316			5.4
Time deposits	2,984,861		0.88		3,184,281		0.96		(199,420		)	(6.3	)
Total deposits	$	12,707,888	0.27	%	$	12,409,992	0.31	%	$	297,896		2.4	%

The $497.3 million, or 5.4%, increase in total demand and savings account balances was primarily due to a $233.4 million, or 7.5%, increase in business account balances, a $207.0 million, or 4.7%, increase in personal account balances and a $74.3 million, or 4.5%, increase in municipal account balances. The $199.4 million, or 6.3%, decrease in average time deposits was in accounts with balances less than $100,000 with original maturity terms of less than three years, partially offset by increases in accounts with balances of $100,000 or more and accounts with original maturity terms longer than 3 years.

The average cost of deposits decreased 4 basis points, or 12.9%, to 0.27% in 2014 from 0.31% in 2013, primarilydue to a decrease in higher-cost time deposits and an increase in non-interest bearing deposits and lower-cost interest-bearing savings and demand balances.

The following table summarizes changes in average short-term borrowings and long-term debt, by type:

	Nine months ended September 30								Increase (Decrease) in
	2014				2013				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	202,184	0.11	%	$	183,432	0.11	%	$	18,752		10.2	%
Customer short-term promissory notes	89,119		0.05		100,532		0.05		(11,413		)	(11.4	)
Total short-term customer funding	291,303		0.09		283,964		0.09		7,339			2.6
Federal funds purchased	361,162		0.21		681,576		0.24		(320,414		)	(47.0	)
Short-term FHLB advances (1)	320,229		0.29		263,342		0.23		56,887			21.6
Total short-term borrowings	972,694		0.20		1,228,882		0.20		(256,188		)	(20.8	)
Long-term debt:
FHLB advances	555,172		3.92		520,278		4.14		34,894			6.7
Other long-term debt	369,748		5.90		369,548		5.90		200			0.1
Total long-term debt	924,920		4.71		889,826		4.87		35,094			3.9
Total	$	1,897,614	2.40	%	$	2,118,708	2.16	%	$	(221,094	)	(10.4	)%

(1) Represents FHLB advances with an original maturity term of less than one year.

Total short-term borrowings decreased $256.2 million, or 20.8%, primarily in federal funds purchased, partially offset by an increase in short-term FHLB advances. Total borrowings decreased $221.1 million, or 10.4%. The cost of borrowings increased

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24 basis points, or 11.1%, as a result of lower-cost, short-term borrowings comprising a smaller percentage of total borrowings in an effort to extend maturities and lock in longer term rates.

Provision for Credit Losses

The provision for credit losses was $9.5 million for the first nine months of 2014, a decrease of $28.5 million, or 75.0%, in comparison to the first nine months of 2013, reflecting improvements in asset quality. For details related to the Corporation's allowance and provision for credit losses, see the "Financial Condition" section of Management's Discussion under the heading "Provision for Credit Losses and Allowance for Credit Losses."

Non-Interest Income

The following table presents the components of non-interest income:

	Nine months ended September 30				Increase (Decrease)
	2014		2013		$			%
	(dollars in thousands)
Service charges on deposit accounts:
Overdraft fees	$	16,645	$	22,276	$	(5,631	)	(25.3	)%
Cash management fees	9,589		8,803		786			8.9
Other	10,830		11,621		(791		)	(6.8	)
Total service charges on deposit accounts	37,064		42,700		(5,636		)	(13.2	)
Investment management and trust services	33,417		31,117		2,300			7.4
Other service charges and fees:
Merchant fees	10,340		10,070		270			2.7
Debit card income	7,052		6,852		200			2.9
Letter of credit fees	3,448		3,721		(273		)	(7.3	)
Commercial swap fees	2,544		986		1,558			158.0
Other	6,023		5,907		116			2.0
Total other service charges and fees	29,407		27,536		1,871			6.8
Mortgage banking income:
Gain on sales of mortgage loans	8,009		21,472		(13,463		)	(62.7	)
Mortgage servicing income	5,375		4,821		554			11.5
Total mortgage banking income	13,384		26,293		(12,909		)	(49.1	)
Credit card income	6,855		6,535		320			4.9
Other income	3,958		4,780		(822		)	(17.2	)
Total, excluding investment securities gains	124,085		138,961		(14,876		)	(10.7	)
Investment securities gains	1,193		7,971		(6,778		)	(85.0	)
Total	$	125,278	$	146,932	$	(21,654	)	(14.7	)%

The $5.6 million, or 25.3%, decrease in overdraft fee income consisted of a $3.6 million decrease in fees assessed on personal accounts and a $2.0 million decrease in fees assessed on commercial accounts. The overall decline in these fees resulted from a reduction in the number of overdrafts.

The $2.3 million, or 7.4%, increase in investment management and trust services income was primarily due to a $1.6 million, or 11.7%, increase in brokerage revenue and a $731,000, or 4.1%, increase in trust commissions. These increases resulted from new trust business sales, improved market conditions that increased the values of existing assets under management, and additional recurring revenue generated through the brokerage business due to growth in new accounts.

Commercial swap fees increased $1.6 million, or 158.0%, due to the favorable interest rate environment for this product and the Corporation's introduction of this product by all of the Corporation's banking subsidiaries. For additional details see Note I, "Derivative Financial Instruments" in the Notes to Consolidated Financial Statements.

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Gains on sales of mortgage loans decreased $13.5 million, or 62.7%, due to a $648.0 million, or 50.0%, decrease in new loan commitments and a 25.4% decrease in pricing spreads compared to the prior year. Both decreases resulted primarily from an increase in mortgage interest rates in the second half of 2013. The decline in new loan commitments was mainly in refinancing volumes, which were $186.5 million, or 28.8%, of new loan commitments in 2014 compared to $652.2 million, or 50.3%, during 2013.

Investment securities gains of $1.2 million for the first nine months of 2014 were a result of $1.1 million of net realized gains on the sales of debt securities and $100,000 of net realized gains on the sales of financial institution stocks.The $8.0 million of investment securities gains for first nine months of 2013 included $4.3 million of net realized gains on financial institution stocks and $3.8 million of realized gains on the sales of debt securities, partially offset by $124,000 of other-than-temporary impairment charges for certain financial institution stocks and pooled trust preferred debt securities.

Non-Interest Expense

The following table presents the components of non-interest expense:

	Nine months ended September 30				Increase (Decrease)
	2014		2013		$			%
	(dollars in thousands)
Salaries and employee benefits	$	185,623	$	188,046	$	(2,423	)	(1.3	)%
Net occupancy expense	36,649		34,810		1,839			5.3
Other outside services	19,684		13,223		6,461			48.9
Data processing	12,816		13,169		(353		)	(2.7	)
Equipment expense	10,269		11,447		(1,178		)	(10.3	)
Professional fees	9,715		9,771		(56		)	(0.6	)
Software	9,487		9,110		377			4.1
FDIC insurance expense	8,186		8,766		(580		)	(6.6	)
Marketing	5,719		6,045		(326		)	(5.4	)
Telecommunications	5,193		5,586		(393		)	(7.0	)
Postage	4,014		3,633		381			10.5
Operating risk loss	3,786		6,923		(3,137		)	(45.3	)
Supplies	3,323		4,096		(773		)	(18.9	)
Other real estate owned and repossession expense	3,034		6,248		(3,214		)	(51.4	)
Intangible amortization	944		1,603		(659		)	(41.1	)
Other	23,084		22,195		889			4.0
Total	$	341,526	$	344,671	$	(3,145	)	(0.9	)%

Salaries and employee benefits decreased $2.4 million, or 1.3%, with salaries increasing $953,000, or 0.6%, and employee benefits decreasing $3.4 million, or 10.5%. The decrease in employee benefits was primarily due to the cost savings initiatives, which included the elimination and reduction of certain employee benefit plans, most notably a decrease in profit sharing contributions and an amendment to the Postretirement Plan, partially offset by an increase in healthcare expenses and severance.

The $1.8 million, or 5.3%, increase in net occupancy expense was primarily due to an increase in snow removal costs in 2014, partially offset by savings from the branch consolidations. Other outside services increased $6.5 million, or 48.9%, due to an increase in consulting services related to the Corporation’s acceleration of risk management and compliance efforts, including those in connection with the enhancement of the Corporation's program for compliance with the BSA/AML requirements. The $1.2 million, or 10.3%, decrease in equipment expense was primarily due to a decrease in depreciation expense as certain assets became fully depreciated.

The $3.1 million, or 45.3%, decrease in operating risk loss was due to a $3.7 million decrease in losses associated with previously sold residential mortgages, partially offset by a net decrease in debit card and check fraud losses. See Note L "Commitments and Contingencies," in the Notes to Consolidated Financial Statements for additional details related to repurchases of previously sold residential mortgages.

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OREO and repossession expense decreased $3.2 million, or 51.4%, primarily due to an increase in net gains on sales of properties and a decrease in valuation provisions, which reflect the continued improvement in overall asset quality. The $659,000, or 41.1%, decrease in intangible amortization was primarily due to core deposit intangible assets, which are amortized on an accelerated basis.

Income Taxes

Income tax expense for the first nine months of 2014 was $41.1 million, a $2.4 million, or 6.2%, increase from $38.7 million in 2013.

The Corporation’s effective tax rate was 25.5% in 2014, as compared to 24.4% in 2013. The effective rate is generally lower than the Federal statutory rate of 35% due to investments in tax-free municipal securities, tax credits earned from investments in partnerships that generate such credits under various federal programs and the effect of state income taxes. The increase in the effective tax rate in comparison to the first nine months of 2013 was due primarily to a $2.1 million ($1.4 million, net of federal tax) decrease in the valuation allowance for certain state deferred tax assets that was recorded as a credit to income tax expense in 2013.

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FINANCIAL CONDITION

The table below presents condensed consolidated ending balance sheets for the Corporation.

					Increase (Decrease)
	September 30, 2014		December 31, 2013		$			%
	(dollars in thousands)
Assets
Cash and due from banks	$	220,946	$	218,540	$	2,406		1.1	%
Other interest-earning assets	377,579		248,161		129,418			52.2
Loans held for sale	25,212		21,351		3,861			18.1
Investment securities	2,470,609		2,568,434		(97,825		)	(3.8	)
Loans, net of allowance	12,840,928		12,579,440		261,488			2.1
Premises and equipment	224,441		226,021		(1,580		)	(0.7	)
Goodwill and intangible assets	532,117		533,076		(959		)	(0.2	)
Other assets	546,342		539,611		6,731			1.2
Total Assets	$	17,238,174	$	16,934,634	$	303,540		1.8	%
Liabilities and Shareholders’ Equity
Deposits	$	13,333,627	$	12,491,186	$	842,441		6.7	%
Short-term borrowings	564,952		1,258,629		(693,677		)	(55.1	)
Long-term debt	1,018,289		883,584		134,705			15.2
Other liabilities	243,300		238,048		5,252			2.2
Total Liabilities	15,160,168		14,871,447		288,721			1.9
Total Shareholders’ Equity	2,078,006		2,063,187		14,819			0.7
Total Liabilities and Shareholders’ Equity	$	17,238,174	$	16,934,634	$	303,540		1.8	%

Other interest-earning assets

The $129.4 million, or 52.2%, increase in other interest-earning assets was due to an increase in interest-bearing deposits with other banks.

Investment Securities

The following table presents the carrying amount of investment securities:

					Increase (Decrease)
	September 30, 2014		December 31, 2013		$			%
	(dollars in thousands)
U.S. Government securities	$	200	$	525	$	(325	)	(61.9	)%
U.S. Government sponsored agency securities	240		726		(486		)	(66.9	)
State and municipal securities	257,616		284,849		(27,233		)	(9.6	)
Corporate debt securities	101,427		98,749		2,678			2.7
Collateralized mortgage obligations	955,040		1,032,398		(77,358		)	(7.5	)
Mortgage-backed securities	962,335		945,712		16,623			1.8
Auction rate securities	148,473		159,274		(10,801		)	(6.8	)
Total debt securities	2,425,331		2,522,233		(96,902		)	(3.8	)
Equity securities	45,278		46,201		(923		)	(2.0	)
Total	$	2,470,609	$	2,568,434	$	(97,825	)	(3.8	)%

Total investment securities decreased $97.8 million, or 3.8%, in comparison to December 31, 2013, mainly in collateralized mortgage obligations and state and municipal securities, as portfolio cash flows were not fully reinvested due to relatively low yields available on current investment options. Cash flows that were reinvested during the first nine months of 2014 were used to purchase securities with average lives of approximately five years to provide for more structured cash flows, thereby limiting price and extension risk in a rising interest rate environment. State and municipal securities decreased primarily due to maturities that

55

were not fully reinvested. The decrease in ARCs was primarily due to the sales of securities with a total book value of $11.9 million, resulting in no gain or loss.

The net pre-tax unrealized loss on available for sale investment securities was $3.2 million as of September 30, 2014, compared to a $39.8 million pre-tax unrealized loss as of December 31, 2013. The $36.6 million decrease in the net pre-tax unrealized loss was due to a decrease in market interest rates, which caused the fair values of collateralized mortgage obligations and mortgage-backed securities to increase. See additional details regarding investment security price risk within Item 3, "Quantitative and Qualitative Disclosures About Market Risk."

Loans, net of unearned income

The following table presents ending balances of loans outstanding, net of unearned income:

					Increase (Decrease)
	September 30, 2014		December 31, 2013		$			%
	(in thousands)
Real-estate – commercial mortgage	$	5,156,979	$	5,101,922	$	55,057		1.1	%
Commercial – industrial, financial and agricultural	3,691,262		3,628,420		62,842			1.7
Real-estate – home equity	1,733,036		1,764,197		(31,161		)	(1.8	)
Real-estate – residential mortgage	1,372,033		1,337,380		34,653			2.6
Real-estate – construction	687,728		573,672		114,056			19.9
Consumer	278,219		283,124		(4,905		)	(1.7	)
Leasing and other	111,148		93,505		17,643			18.9
Loans, net of unearned income	$	13,030,405	$	12,782,220	$	248,185		1.9	%

The Corporation does not have a concentration of credit risk with any single borrower, industry or geographical location. As of September 30, 2014, the Corporation's maximum total lending commitment to an individual borrower was $50.0 million. In addition to limiting the maximum total lending commitment to any individual borrower to $50.0 million, the Corporation has established lower total lending limits for certain types of lending commitments, and lower total lending limits based on the Corporation's internal risk rating of an individual borrower at the time the lending commitment is approved. As of September 30, 2014, the Corporation had 66relationships with total borrowing commitments between $20.0 million and $50.0 million.

Approximately $5.8 billion, or 44.9%, of the loan portfolio was in commercial mortgage and construction loans as of September 30, 2014. The performance of these loans can be adversely impacted by fluctuations in real estate values. The Corporation limits its maximum non-owner occupied commercial real estate exposure to $33.0 million to any one borrower, based on the Corporation's internal risk rating at the time the lending commitment is approved, and limits its exposure to any one development project to $15.0 million.

Construction loans include loans to commercial borrowers secured by commercial real estate, loans to commercial borrowers secured by residential real estate, and other construction loans, which represent loans to individuals secured by residential real estate. The following table presents outstanding construction loans and their delinquency rates by these class segments:

	September 30, 2014						December 31, 2013
	Balance		Delinquency Rate (1)		% of Total		Balance		Delinquency Rate (1)		% of Total
	(dollars in thousands)
Commercial	$	377,206	0.5	%	54.9	%	$	269,497	0.8	%	47.0	%
Commercial - residential	241,419		7.4		35.1		235,369		8.2		41.0
Other	69,103		0.4		10.0		68,806		0.8		12.0
Total Real estate - construction	$	687,728	2.9	%	100.0	%	$	573,672	3.8	%	100.0	%

(1) Represents all accruing loans 31 days or more past due and non-accrual loans as a percentage of total loans within each class segment.

Construction loans increased $114.1 million, or 19.9%, in comparison to December 31, 2013 and comprised 5.3% of the total loan portfolio at September 30, 2014 as compared to 4.5% at December 31, 2013. Over the past five years, the Corporation reduced its exposure in its construction portfolio, which accounted 8.2% of its total loan portfolio as of December 31, 2009. The growth during the first nine months of 2014 was primarily in commercial construction, which increased $107.7 million, or 40.0%.

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Geographically, the increase in real estate construction loans was primarily in the Pennsylvania ($58.1 million, or 20.1%), Maryland ($25.5 million, or 41.8%) and New Jersey ($20.6, or 22.7%) markets.

The $62.8 million, or 1.7%, increase in commercial loans was primarily in the New Jersey market. Commercial mortgage loans increased $55.1 million in comparison to December 31, 2013. Geographically, the increase in was in the New Jersey ($74.2 million, or 5.8%), Maryland ($35.0 million, or 6.5%) and Delaware ($22.1 million, or 11.3%) markets, partially offset by a decrease in the Pennsylvania ($76.0 million, or 2.9%) market.

The following table summarizes the percentage of commercial loans, by industry:

	September 30, 2014		December 31, 2013
Services	18.7	%	19.2	%
Manufacturing	14.0		13.5
Construction (1)	11.5		10.0
Retail	10.0		11.0
Wholesale	9.4		9.7
Real estate (2)	7.9		7.0
Health care	7.6		8.1
Agriculture	4.7		5.8
Arts and entertainment	3.5		2.7
Transportation	2.4		2.5
Financial services	1.9		1.6
Other	8.4		8.9
	100.0	%	100.0	%

(1) Includes commercial loans to borrowers engaged in the construction industry.

(2) Includes commercial loans to borrowers engaged in the business of: renting, leasing or managing real estate for others; selling and/or buying real estate for others; and appraising real estate.

Commercial loans and commercial mortgage loans also include shared national credits, which are participations in loans or loan commitments of at least $20 million that are shared by three or more banks. Below is a summary of the Corporation's outstanding purchased shared national credits:

	September 30, 2014		December 31, 2013
	(dollars in thousands)
Commercial - industrial, financial and agricultural	$	141,100	$	129,840
Real estate - commercial mortgage	137,501		87,868
	$	278,601	$	217,708

Total shared national credits increased $60.9 million, or 28.0%, in comparison to December 31, 2013. The Corporation's shared national credits are to borrowers located in its geographical markets and the increase was due to normal lending activities consistent with the Corporation's underwriting policies. As of September 30, 2014 and December 31, 2013, none of the shared national credits were past due.

The $34.7 million, or 2.6%, increase in residential mortgages was due to the retention of certain 15-year fixed rate mortgages in the portfolio instead of selling those mortgages to third-party investors.

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Provision for Credit Losses and Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(dollars in thousands)
Average balance of loans, net of unearned income	$	12,922,821		$	12,728,162		$	12,827,563		$	12,506,393
Balance of allowance for credit losses at beginning of period	$	193,442		$	217,626		$	204,917		$	225,439
Loans charged off:
Commercial – industrial, financial and agricultural	5,167			9,394			15,804			24,856
Real estate – commercial mortgage	1,557			3,724			5,084			13,050
Real estate – home equity	1,492			2,365			4,377			6,735
Real estate – residential mortgage	231			767			2,166			8,282
Consumer	538			473			1,738			1,456
Real estate – construction	313			598			745			5,181
Leasing and other	306			787			1,434			2,037
Total loans charged off	9,604			18,108			31,348			61,597
Recoveries of loans previously charged off:
Commercial – industrial, financial and agricultural	1,013			2,295			2,532			3,430
Real estate – commercial mortgage	1,167			185			1,641			2,754
Real estate – home equity	336			198			869			721
Real estate – residential mortgage	95			245			319			442
Consumer	448			294			1,059			1,206
Real estate – construction	470			379			852			1,794
Leasing and other	241			224			767			649
Total recoveries	3,770			3,820			8,039			10,996
Net loans charged off	5,834			14,288			23,309			50,601
Provision for credit losses	3,500			9,500			9,500			38,000
Balance of allowance for credit losses at end of period	$	191,108		$	212,838		$	191,108		$	212,838
Net charge-offs to average loans (annualized)	0.18		%	0.45		%	0.24		%	0.54		%

The following table presents the components of the allowance for credit losses:

	September 30, 2014			December 31, 2013
	(dollars in thousands)
Allowance for loan losses	$	189,477		$	202,780
Reserve for unfunded lending commitments	1,631			2,137
Allowance for credit losses	$	191,108		$	204,917
Allowance for credit losses to loans outstanding	1.47		%	1.60		%

For the three and nine months ended September 30, 2014, the Corporation's provision for credit losses decreased $6.0 million, or 63.2%, and $28.5 million, or 75.0%, respectively, in comparison to the same periods in 2013. The decreases in the provision for credit losses were due to improvements in credit quality, as shown by a reduction in non-performing loans and overall delinquency.

Net charge-offs decreased $8.5 million, or 59.2%, to $5.8 million for the third quarter of 2014, compared to $14.3 million for the third quarter of 2013. The decrease in net charge-offs was primarily due to a $3.1 million, or 89.0%, decrease in commercial mortgage net charge-offs and a $2.9 million, or 41.5%, decrease in commercial loan net charge-offs. Of the $5.8 million of net charge-offs recorded in the third quarter of 2014, 40.8% were for loans originated in Maryland, 32.6% were for loans originated in New Jersey and 26.5% were for loans originated in Pennsylvania.

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During the first nine months of 2014, net charge-offs decreased $27.3 million, or 53.9%, to $23.3 million, compared to $50.6 million for the same period of 2013. The decrease in net charge-offs was primarily due to an $8.2 million, or 38.1%, decrease in commercial loan net charge-offs, a $6.9 million, or 66.6%, decrease in commercial mortgage net charge-offs and a $6.0 million, or 76.4%, decrease in residential mortgage net charge-offs. Of the $23.3 million of net charge-offs recorded during the first nine months of 2014, 58.6%, 26.3% and 16.8% were for loans originated in Pennsylvania, New Jersey and Maryland, respectively. Net recoveries were recorded during the first nine months of 2014 for loans originated in Delaware and Virginia.

The following table summarizes non-performing assets as of the indicated dates:

	September 30, 2014			September 30, 2013			December 31, 2013
	(dollars in thousands)
Non-accrual loans	$	126,420		$	143,012		$	133,753
Loans 90 days past due and accruing	17,428			25,271			20,524
Total non-performing loans	143,848			168,283			154,277
Other real estate owned (OREO)	13,489			18,173			15,052
Total non-performing assets	$	157,337		$	186,456		$	169,329
Non-accrual loans to total loans	0.97		%	1.12		%	1.05		%
Non-performing assets to total assets	0.91		%	1.09		%	1.00		%
Allowance for credit losses to non-performing loans	132.85		%	126.48		%	132.82		%

The following table presents accruing loans whose terms have been modified under troubled debt restructurings (TDRs), by type, as of the indicated dates:

	September 30, 2014		September 30, 2013		December 31, 2013
	(in thousands)
Real estate – residential mortgage	$	30,850	$	27,820	$	28,815
Real estate – commercial mortgage	18,869		22,644		19,758
Real estate – construction	9,251		9,841		10,117
Commercial – industrial, financial and agricultural	5,115		8,184		8,045
Real estate – home equity	2,904		1,667		1,365
Consumer	23		11		11
Total accruing TDRs	67,012		70,167		68,111
Non-accrual TDRs (1)	27,724		30,501		30,209
Total TDRs	$	94,736	$	100,668	$	98,320

(1) Included with non-accrual loans in the preceding table.

TDRs modified during the first nine months of 2014 and still outstanding as of September 30, 2014 totaled $17.2 million. During the first nine months of 2014, $4.8 million of TDRs that were modified within the previous 12 months had a payment default, which the Corporation defines as a single missed scheduled payment, subsequent to modification.

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The following table presents the changes in non-accrual loans for the three and nine months ended September 30, 2014:

	Commercial - Industrial, Financial and Agricultural			Real Estate - Commercial Mortgage			Real Estate - Construction			Real Estate - Residential Mortgage			Real Estate - Home Equity			Consumer			Leasing			Total
	(in thousands)
Three months ended September 30, 2014
Balance of non-accrual loans at June 30, 2014	$	35,980		$	41,936		$	19,236		$	21,053		$	11,729		$	—		$	—		$	129,934
Additions	6,885			8,766			2,813			1,796			2,846			538			—			23,644
Payments	(4,400		)	(5,353		)	(1,850		)	(178		)	(1,132		)	—			—			(12,913		)
Charge-offs	(5,167		)	(1,557		)	(313		)	(231		)	(1,492		)	(533		)	—			(9,293		)
Transfers to accrual status	(2,302		)	—			—			(30		)	(160		)	(5		)	—			(2,497		)
Transfers to OREO status	(11		)	(945		)	(231		)	(560		)	(708		)	—			—			(2,455		)
Balance of non-accrual loans as of September 30, 2014	$	30,985		$	42,847		$	19,655		$	21,850		$	11,083		$	—		$	—		$	126,420
Nine months ended September 30, 2014
Balance of non-accrual loans as of December 31, 2013	$	36,710		$	40,566		$	20,921		$	22,282		$	13,272		$	2		$	—		$	133,753
Additions	27,054			23,190			3,964			8,601			8,397			1,742			407			73,355
Payments	(13,910		)	(13,965		)	(4,185		)	(1,624		)	(2,512		)	(6		)	—			(36,202		)
Charge-offs	(15,804		)	(5,084		)	(745		)	(2,166		)	(4,377		)	(1,733		)	(407		)	(30,316		)
Transfers to accrual status	(2,302		)	(54		)	—			(2,358		)	(1,718		)	(5		)	—			(6,437		)
Transfers to OREO status	(763		)	(1,806		)	(300		)	(2,885		)	(1,979		)	—			—			(7,733		)
Balance of non-accrual loans as of September 30, 2014	$	30,985		$	42,847		$	19,655		$	21,850		$	11,083		$	—		$	—		$	126,420

Non-accrual loans decreased $16.6 million, or 11.6%, in comparison to September 30, 2013 and $7.3 million in comparison to December 31, 2013. Total non-accrual additions for the three and nine months ended September 30, 2014 were $23.6 million and $73.4 million, respectively, compared to additions for the three and nine months ended September 30, 2013 of $22.1 million and $105.7 million, respectively.

The following table summarizes non-performing loans, by type, as of the indicated dates:

	September 30, 2014		September 30, 2013		December 31, 2013
	(in thousands)
Real estate – commercial mortgage	$	44,602	$	42,623	$	44,068
Commercial – industrial, financial and agricultural	33,277		45,184		38,021
Real estate – residential mortgage	28,135		34,309		31,347
Real estate – construction	19,860		24,396		21,267
Real estate – home equity	15,071		18,691		16,983
Leasing	388		67		48
Consumer	2,515		3,013		2,543
Total non-performing loans	$	143,848	$	168,283	$	154,277

Non-performing commercial loans decreased $11.9 million, or 26.4%, in comparison to September 30, 2013, primarily in the Pennsylvania market. Non-performing residential mortgages decreased $6.2 million, or 18.0%, in comparison to September 30, 2013. Geographically, the decrease was primarily in the New Jersey ($4.2 million, or 39.9%) market. Non-performing construction loans decreased $4.5 million, or 18.6%, in comparison to September 30, 2013.Geographically, the decrease occurred primarily in the Pennsylvania ($2.4 million, or 18.3%) and Maryland ($1.9 million, or 32.0%) markets.

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The following table summarizes the Corporation’s OREO, by property type, as of the indicated dates:

	September 30, 2014		September 30, 2013		December 31, 2013
	(in thousands)
Residential properties	$	8,121	$	5,836	$	7,052
Commercial properties	3,758		9,514		5,586
Undeveloped land	1,610		2,823		2,414
Total OREO	$	13,489	$	18,173	$	15,052

The Corporation's ability to identify potential problem loans in a timely manner is important to maintaining an adequate allowance for credit losses. For commercial loans, commercial mortgages and construction loans to commercial borrowers, an internal risk rating process is used to monitor credit quality. For a description of the Corporation's risk ratings, see Note E, "Loans and Allowance for Credit Losses," in the Notes to Consolidated Financial Statements. The evaluation of credit risk for residential mortgages, home equity loans, construction loans to individuals, consumer loans and lease receivables is based on payment history, through the monitoring of delinquency levels and trends.

Total internally risk rated loans were $9.5 billion as of September 30, 2014 and $9.2 billion as of December 31, 2013. The following table presents internal risk ratings for commercial loans, commercial mortgages and construction loans to commercial borrowers with internal risk ratings of Special Mention (considered criticized loans) or Substandard or lower (considered classified loans), by class segment:

	Special Mention						Increase (decrease)					Substandard or lower						Increase (decrease)					Total Criticized and Classified Loans
	September 30, 2014			December 31, 2013			$			%		September 30, 2014			December 31, 2013			$			%		September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - commercial mortgage	$	113,650		$	141,013		$	(27,363	)	(19.4	)%	$	165,425		$	196,922		$	(31,497	)	(16.0	)%	$	279,075		$	337,935
Commercial - secured	138,136			111,613			26,523			23.8		129,273			125,382			3,891			3.1		267,409			236,995
Commercial -unsecured	12,246			11,666			580			5.0		5,256			2,755			2,501			90.8		17,502			14,421
Total Commercial - industrial, financial and agricultural	150,382			123,279			27,103			22.0		134,529			128,137			6,392			5.0		284,911			251,416
Construction - commercial residential	28,517			31,522			(3,005		)	(9.5	)	42,875			57,806			(14,931		)	(25.8	)	71,392			89,328
Construction - commercial	1,469			2,932			(1,463		)	(49.9	)	5,550			8,124			(2,574		)	(31.7	)	7,019			11,056
Total real estate - construction (excluding construction - other)	29,986			34,454			(4,468		)	(13.0	)	48,425			65,930			(17,505		)	(26.6	)	78,411			100,384
Total	$	294,018		$	298,746		$	(4,728	)	(1.6	)%	$	348,379		$	390,989		$	(42,610	)	(10.9	)%	$	642,397		$	689,735
% of total risk rated loans	3.1		%	3.2		%						3.7		%	4.2		%						6.8		%	7.4		%

As of September 30, 2014, total loans with risk ratings of Substandard or lower decreased $42.6 million, or 10.9%, in comparison to December 31, 2013, primarily due to decreases in substandard commercial mortgages and construction loans to commercial borrowers. Special mention loans decreased $4.7 million, or 1.6%, in comparison to December 31, 2013 due to a decrease in special mention commercial mortgages and residential construction loans to commercial borrowers, partially offset by an increase in special mention commercial loans.

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The following table summarizes loan delinquency rates, by type, as of the dates indicated:

	September 30, 2014									September 30, 2013									December 31, 2013
	31-89 Days			≥ 90 Days (1)			Total			31-89 Days			≥ 90 Days (1)			Total			31-89 Days			≥ 90 Days (1)			Total
Real estate – commercial mortgage	0.48		%	0.86		%	1.34		%	0.40		%	0.84		%	1.24		%	0.38		%	0.87		%	1.25		%
Commercial – industrial, financial and agricultural	0.28		%	0.91		%	1.19		%	0.32		%	1.24		%	1.56		%	0.30		%	1.04		%	1.34		%
Real estate – construction	0.03		%	2.89		%	2.92		%	0.40		%	4.22		%	4.62		%	0.11		%	3.71		%	3.82		%
Real estate – residential mortgage	1.81		%	2.06		%	3.87		%	1.82		%	2.58		%	4.40		%	1.74		%	2.34		%	4.08		%
Real estate – home equity	0.59		%	0.87		%	1.46		%	1.03		%	1.05		%	2.08		%	0.91		%	0.96		%	1.87		%
Consumer, leasing and other	1.41		%	0.75		%	2.16		%	1.91		%	0.79		%	2.70		%	1.99		%	0.68		%	2.67		%
Total	0.58		%	1.11		%	1.69		%	0.66		%	1.31		%	1.97		%	0.61		%	1.20		%	1.81		%
Total dollars (in thousands)	$	75,976		$	143,848		$	219,824		$	83,941		$	168,283		$	252,224		$	77,667		$	154,277		$	231,944

(1) Includes non-accrual loans.

The Corporation believes that the allowance for credit losses of $191.1 million as of September 30, 2014 is sufficient to cover incurred losses in both the loan portfolio and the unfunded lending commitments as of that date and is appropriate based on applicable accounting standards.

Deposits and Borrowings

The following table presents ending deposits, by type:

					Increase
	September 30, 2014		December 31, 2013		$		%
	(dollars in thousands)
Noninterest-bearing demand	$	3,556,810	$	3,283,172	$	273,638	8.3	%
Interest-bearing demand	3,164,514		2,945,210		219,304		7.4
Savings	3,620,919		3,344,882		276,037		8.3
Total demand and savings	10,342,243		9,573,264		768,979		8.0
Time deposits	2,991,384		2,917,922		73,462		2.5
Total deposits	$	13,333,627	$	12,491,186	$	842,441	6.7	%

Non-interest bearing demand deposits increased $273.6 million, or 8.3%, due primarily to a $258.1 million, or 10.6%, increase in business account balances and a $13.7 million, or 13.2%, increase in municipal account balances.

Interest-bearing demand accounts increased $219.3 million, or 7.4%, primarily due to a $228.0 million, or 21.0%, seasonal increase in municipal account balances and a $31.0 million, or 28.4%, increase in business account balances, partially offset by $39.6 million, or 2.3%, decrease in personal account balances. The $276.0 million, or 8.3%, increase in savings account balances was due to a $240.7 million, or 50.4%, seasonal increase in municipal account balances and a $34.8 million, or 1.6%, increase in personal account balances. The $73.5 million, or 2.5%, increase in time deposits was due to an increase in time deposits with original maturities of 4 to 5 years due to promotional efforts intended to lock in longer-term rates.

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The following table summarizes the changes in ending borrowings, by type:

					Increase (Decrease)
	September 30, 2014		December 31, 2013		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	195,121	$	175,621	$	19,500		11.1	%
Customer short-term promissory notes	78,225		100,572		(22,347		)	(22.2	)
Total short-term customer funding	273,346		276,193		(2,847		)	(1.0	)
Federal funds purchased	6,606		582,436		(575,830		)	(98.9	)
Short-term FHLB advances (1)	285,000		400,000		(115,000		)	(28.8	)
Total short-term borrowings	564,952		1,258,629		(693,677		)	(55.1	)
Long-term debt:
FHLB advances	648,477		513,854		134,623			26.2
Other long-term debt	369,812		369,730		82			—
Total long-term debt	1,018,289		883,584		134,705			15.2
Total borrowings	$	1,583,241	$	2,142,213	(558,972		)	(26.1	)%

(1) Represents FHLB advances with an original maturity term of less than one year.

The $693.7 million reduction in total short-term borrowings reflects the use of a portion of the $842.4 million increase in deposits to repay short-term borrowings, as well as a change in funding mix from short-term federal funds purchased and short-term FHLB advances to long-term FHLB advances.

Shareholders' Equity

Total shareholders’ equity increased $14.8 million, or 0.7%, during the first nine months of 2014. The increase was due primarily to $119.9 million of net income and a $23.8 million increase in after-tax unrealized holding gains on available for sale investment securities, partially offset by $95.3 million of stock repurchases and $45.0 million of common stock cash dividends.

In October 2013, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through March 2014. During the first quarter of 2014, the Corporation repurchased 4.0 million shares at an average cost of $12.45 per share, completing this repurchase program on February 19, 2014.

In May 2014, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through December 31, 2014. During the third quarter of 2014, 4.0 million shares were repurchased by the Corporation at an average cost of $11.36 per share, completing this repurchase program on August 25, 2014.

The Corporation and its subsidiary banks are subject to regulatory capital requirements administered by various banking regulators. Failure to meet minimum capital requirements could result in certain actions by regulators that could have a material effect on the Corporation’s financial statements. The regulations require that banks maintain minimum amounts and ratios of total and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier I capital to average assets (as defined).

As of September 30, 2014, the Corporation and each of its bank subsidiaries met the minimum requirements. In addition, each of the Corporation’s bank subsidiaries’ capital ratios exceeded the amounts required to be considered "well capitalized" as defined in the regulations.

The following table summarizes the Corporation’s capital ratios in comparison to regulatory requirements:

	September 30, 2014		December 31, 2013		Regulatory Minimum for Capital Adequacy
Total Capital (to Risk-Weighted Assets)	14.5	%	15.0	%	8.0	%
Tier I Capital (to Risk-Weighted Assets)	13.0	%	13.1	%	4.0	%
Tier I Capital (to Average Assets)	10.6	%	10.6	%	4.0	%

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In July 2013, the Federal Reserve Board approved final rules (the "U.S. Basel III Capital Rules") establishing a new comprehensive capital framework for U.S. banking organizations and implementing the Basel Committee on Banking Supervision's December 2010 framework for strengthening international capital standards. The U.S. Basel III Capital Rules substantially revise the risk-based capital requirements applicable to bank holding companies and depository institutions.

The new minimum regulatory capital requirements established by the U.S. Basel III Capital Rules are effective for the Corporation beginning on January 1, 2015, and become fully phased in on January 1, 2019.

When fully phased in, the U.S. Basel III Capital Rules will require the Corporation and its bank subsidiaries to:

• Meet a new minimum Common Equity Tier 1 capital ratio of 4.50% of risk-weighted assets and a Tier 1 capital ratio of 6.00% of risk-weighted assets;

• Continue to require the current minimum Total capital ratio of 8.00% of risk-weighted assets and the minimum Tier 1 leverage capital ratio of 4.00% of average assets;

• Maintain a "capital conservation buffer" of 2.50% above the minimum risk-based capital requirements, which must be maintained to avoid restrictions on capital distributions and certain discretionary bonus payments; and

• Comply with a revised definition of capital to improve the ability of regulatory capital instruments to absorb losses. Certain non-qualifying capital instruments, including cumulative preferred stock and trust preferred securities, will be excluded as a component of Tier 1 capital for institutions of the Corporation's size.

The U.S. Basel III Capital Rules use a standardized approach for risk weightings that expands the risk-weightings for assets and off balance sheet exposures from the current 0%, 20%, 50% and 100% categories to a much larger and more risk-sensitive number of categories, depending on the nature of the assets and off-balance sheet exposures and resulting in higher risk weights for a variety of asset categories.

As of September 30, 2014, the Corporation believes its current capital levels would meet the fully-phased in minimum capitalrequirements, including the capital conservation buffers, as prescribed in the U.S. Basel III Capital Rules.

Liquidity

The Corporation must maintain a sufficient level of liquid assets to meet the cash needs of its customers who, as depositors, may want to withdraw funds or who, as borrowers, need credit availability. Liquidity is provided on a continuous basis through scheduled and unscheduled principal and interest payments on outstanding loans and investments and through the availability of deposits and borrowings. The Corporation also maintains secondary sources that provide liquidity on a secured and unsecured basis to meet short-term and long-term needs.

The Corporation maintains liquidity sources in the form of demand and savings deposits, time deposits, repurchase agreements and short-term promissory notes. The Corporation can access additional liquidity from these sources, if necessary, by increasing interest rates. The positive impact to liquidity resulting from higher interest rates could have a detrimental impact on the net interest margin and net income if rates on interest-earning assets do not experience a proportionate increase.

Borrowing availability with the FHLB and the Federal Reserve Bank, along with Federal funds lines at various correspondent banks, provides the Corporation with additional liquidity.

Each of the Corporation’s subsidiary banks is a member of the FHLB and has access to FHLB overnight and term credit facilities. As of September 30, 2014, the Corporation had $933.5 million of short and long-term advances outstanding from the FHLB with an additional borrowing capacity of approximately $2.1 billion under these facilities. Advances from the FHLB are secured by qualifying commercial real estate and residential mortgage loans, investments and other assets.

As of September 30, 2014, the Corporation had aggregate availability under Federal funds lines of $1.3 billion, with $6.6 million of that amount outstanding. A combination of commercial real estate loans, commercial loans and securities are pledged to the Federal Reserve Bank of Philadelphia to provide access to Federal Reserve Bank Discount Window borrowings. As of September 30, 2014, the Corporation had $1.1 billion of collateralized borrowing availability at the Discount Window, and no outstanding borrowings.

Liquidity must also be managed at the Fulton Financial Corporation parent company level. For safety and soundness reasons, banking regulations limit the amount of cash that can be transferred from subsidiary banks to the parent company in the form of loans and dividends. Generally, these limitations are based on the subsidiary banks’ regulatory capital levels and their net income.

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Management continues to monitor the liquidity and capital needs of the parent company and will implement appropriate strategies, as necessary, to remain adequately capitalized and to meet its cash needs.

The Corporation’s sources and uses of funds were discussed in general terms in the net interest income section of Management’s Discussion. The consolidated statements of cash flows provide additional information. The Corporation’s operating activities during the first nine months of 2014 generated $147.9 million of cash, mainly due to net income, as adjusted for non-cash expenses, most notably depreciation and amortization of premises and equipment and the provision for credit losses, partially offset by a net decrease in other liabilities and loans held for sale. Cash used in investing activities was $293.5 million, due mainly to an increase in loans and a net increase in short-term investments, partially offset by proceeds from the maturities and sales of investment securities in excess of purchases. Net cash provided by financing activities was $148.0 million due to increases in deposits and additions to long-term debt, partially offset by a net decrease in short-term borrowings, acquisitions of treasury stock and dividends paid on common shares.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk

Market risk is the exposure to economic loss that arises from changes in the values of certain financial instruments. The types of market risk exposures generally faced by financial institutions include interest rate risk, equity market price risk, debt security market price risk, foreign currency risk and commodity price risk. Due to the nature of its operations, only equity market price risk, debt security market price risk and interest rate risk are significant to the Corporation.

Equity Market Price Risk

Equity market price risk is the risk that changes in the values of equity investments could have a material impact on the financial position or results of operations of the Corporation. As of September 30, 2014, equity investments consisted of $39.3 million of common stocks of publicly traded financial institutions, and $6.0 million of other equity investments.

The equity investments most susceptible to equity market price risk are the financial institutions stocks, which had a cost basis of approximately $28.6 million and a fair value of $39.3 million at September 30, 2014, including an investment in a single financial institution with a cost basis of $20.0 million and a fair value of $27.5 million. The fair value of this investment accounted for 70.0% of the fair value of the common stocks of publicly traded financial institutions. No other investment within the financial institutions stock portfolio exceeded 5% of the portfolio's fair value. In total, the financial institutions stock portfolio had gross unrealized gains of $10.7 million and gross unrealized losses of $21,000 as of September 30, 2014.

Management continuously monitors the fair value of its equity investments and evaluates current market conditions and operating results of the issuers. Periodic sale and purchase decisions are made based on this monitoring process. None of the Corporation’s equity securities are classified as trading.

In addition to its equity portfolio, investment management and trust services income may be impacted by fluctuations in the equity markets. A portion of this revenue is based on the value of the underlying investment portfolios, many of which include equity investments. If the values of those investment portfolios decrease, whether due to factors influencing U.S. equity markets in general or otherwise, the Corporation’s revenue would be negatively impacted. In addition, the Corporation’s ability to sell its brokerage services in the future will be dependent, in part, upon consumers’ level of confidence in financial markets.

Debt Security Market Price Risk

Debt security market price risk is the risk that changes in the values of debt securities, unrelated to interest rate changes, could have a material impact on the financial position or results of operations of the Corporation. The Corporation’s debt security investments consist primarily of U.S. government sponsored agency issued mortgage-backed securities and collateralized mortgage obligations, state and municipal securities, U.S. government debt securities, auction rate securities and corporate debt securities. All of the Corporation's investments in mortgage-backed securities and collateralized mortgage obligations have principal payments that are guaranteed by U.S. government sponsored agencies.

Municipal Securities

As of September 30, 2014, the Corporation had $257.6 million of securities issued by various municipalities. Ongoing uncertainty with respect to the financial strength of municipal bond insurers places much greater emphasis on the underlying strength of issuers. Continued pressure on local tax revenues of issuers due to adverse economic conditions could have an adverse impact on the underlying credit quality of issuers. The Corporation evaluates existing and potential holdings primarily based on the creditworthiness of the issuing municipality and then, to a lesser extent, on any underlying credit enhancement. Municipal securities can be supported by the general obligation of the issuing municipality, allowing the securities to be repaid by any means available to the issuing municipality. As of September 30, 2014, approximately 95% of municipal securities were supported by the general obligation of corresponding municipalities. Approximately 87% of these securities were school district issuances, which are also supported by the states of the issuing municipalities.

Auction Rate Certificates

As of September 30, 2014, the Corporation’s investments in student loan auction rate certificates (ARCs), had a cost basis of $158.7 million and a fair value of $148.5 million.

ARCs are long-term securities that were structured to allow their sale in periodic auctions, resulting in both the treatment of ARCs as short-term instruments in normal market conditions and fair values that could be derived based on periodic auction prices. However, beginning in 2008, market auctions for these securities began to fail due to an insufficient number of buyers, resulting in an illiquid market. Therefore, as of September 30, 2014, the fair values of the ARCs currently in the portfolio were derived using significant unobservable inputs based on an expected cash flows model which produced fair values which were materially different from those that would be expected from settlement of these investments in the current market. The expected cash flows

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model, prepared by a third-party valuation expert, produced fair values which assumed a return to market liquidity sometime within the next five years. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid.

The credit quality of the underlying debt associated with ARCs is also a factor in the determination of their estimated fair value. As of September 30, 2014, approximately $144 million, or 97%, of the ARCs were rated above investment grade, with approximately $6 million, or 4%, AAA rated and $104 million, or 72%, AA rated. Approximately $4 million, or 3%, of ARCs were either not rated or rated below investment grade by at least one ratings agency. Of this amount, approximately $3 million of the student loans underlying these ARCs have principal payments which are guaranteed by the federal government. In total, approximately $147 million, or 99%, of the student loans underlying the ARCs have principal payments which are guaranteed by the federal government. As of September 30, 2014, all ARCs were current and making scheduled interest payments.

Corporate Debt Securities

The Corporation holds corporate debt securities in the form of pooled trust preferred securities, single-issuer trust preferred securities and subordinated debt issued by financial institutions, as presented in the following table as of September 30, 2014:

	Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,546	$	44,075
Subordinated debt	47,498		50,289
Pooled trust preferred securities	2,050		4,487
Corporate debt securities issued by financial institutions	$	97,094	$	98,851

The fair values for pooled trust preferred securities and certain single-issuer trust preferred securities were based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers.

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $3.5 million at September 30, 2014. The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the nine months ended September 30, 2014 or 2013. Six of the Corporation's 20 single-issuer trust preferred securities were rated below investment grade by at least one ratings agency, with an amortized cost of $13.5 million and an estimated fair value of $12.3 million as of September 30, 2014. All of the single-issuer trust preferred securities rated below investment grade were rated BB or Ba. Single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.9 million at September 30, 2014 were not rated by any ratings agency.

As of September 30, 2014, all six of the Corporation's pooled trust preferred securities with an amortized cost of $2.1 million and an estimated fair value of $4.5 million, were rated below investment grade by at least one ratings agency, with ratings ranging from C to Ca. The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pools.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model was the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing asset ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

During the nine months ended September 30, 2014, the Corporation recorded $18,000 of other than temporary impairment charges for pooled trust preferred securities. Additional impairment charges for corporate debt securities issued by financial institutions may be necessary in the future depending upon the performance of the individual investments.

See Note D, "Investment Securities," in the Notes to Consolidated Financial Statements for further discussion related to other-than-temporary impairment evaluations for debt securities and Note M, "Fair Value Measurements," in the Notes to Consolidated Financial Statements for further discussion related to the fair values of debt securities.

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Interest Rate Risk, Asset/Liability Management and Liquidity

Interest rate risk creates exposure in two primary areas. First, changes in rates have an impact on the Corporation’s liquidity position and could affect its ability to meet obligations and continue to grow. Second, movements in interest rates can create fluctuations in the Corporation’s net interest income and changes in the economic value of its equity.

The Corporation employs various management techniques to minimize its exposure to interest rate risk. An Asset/Liability Management Committee (ALCO), consisting of key financial and senior management personnel, meets on a regular basis. The ALCO is responsible for reviewing the interest rate sensitivity and liquidity positions of the Corporation, approving asset and liability management policies, and overseeing the formulation and implementation of strategies regarding balance sheet positions.

From a liquidity standpoint, the Corporation must maintain a sufficient level of liquid assets to meet the cash needs of its customers, who, as depositors, may want to withdraw funds or who, as borrowers, need credit availability. Liquidity is provided on a continuous basis through scheduled and unscheduled principal and interest payments on outstanding loans and investments and through the availability of deposits and borrowings. The Corporation also maintains secondary sources that provide liquidity on a secured and unsecured basis to meet short-term and long-term needs.

The following table provides information about the Corporation’s interest rate sensitive financial instruments as of September 30, 2014. The table presents expected cash flows and weighted average rates for each of the Corporation's significant interest rate sensitive financial instruments, by expected maturity period. None of the Corporation’s financial instruments are classified as trading. All dollar amounts are in thousands.

	Expected Maturity Period																					Estimated
	Year 1			Year 2			Year 3			Year 4			Year 5			Beyond			Total			Fair Value
Fixed rate loans (1)	$	979,605		$	477,082		$	360,627		$	360,794		$	208,873		$	654,018		$	3,040,999		$	3,025,002
Average rate	3.87		%	4.47		%	4.37		%	4.65		%	4.57		%	3.90		%	4.17		%
Floating rate loans (1) (2)	2,384,919			1,467,374			1,196,069			1,028,622			1,369,511			2,540,265			9,986,760			9,881,516
Average rate	3.81		%	3.96		%	3.98		%	3.97		%	3.83		%	3.97		%	3.91		%
Fixed rate investments (3)	384,258			334,001			270,899			222,095			196,268			822,832			2,230,353			2,229,442
Average rate	2.77		%	2.79		%	2.80		%	2.62		%	2.59		%	2.70		%	2.72		%
Floating rate investments (3)	15			4,963			163,680			41			38			40,690			209,427			196,261
Average rate	1.00		%	0.94		%	1.99		%	1.62		%	2.09		%	1.44		%	1.86		%
Other interest-earning assets	316,735			—			—			—			—			86,056			402,791			402,791
Average rate	0.37		%	—		%	—		%	—		%	—		%	4.42		%	0.37		%
Total	$	4,065,532		$	2,283,420		$	1,991,275		$	1,611,552		$	1,774,690		$	4,143,861		$	15,870,330		$	15,735,012
Average rate	3.46		%	3.89		%	3.73		%	3.94		%	3.78		%	3.69		%	3.70		%
Fixed rate deposits (4)	$	1,410,310		$	465,112		$	313,816		$	98,102		$	314,450		$	22,882		$	2,624,672		$	2,640,788
Average rate	0.70		%	1.02		%	1.29		%	1.50		%	2.08		%	1.84		%	1.03		%
Floating rate deposits (5)	4,947,476			831,604			458,962			398,349			341,540			174,214			7,152,145			7,131,190
Average rate	0.15		%	0.11		%	0.09		%	0.08		%	0.08		%	0.10		%	0.13		%
Fixed rate borrowings (6)	187,323			729			551,539			565			100,452			161,185			1,001,793			1,007,287
Average rate	3.66		%	4.47		%	4.49		%	4.67		%	1.87		%	6.17		%	4.34		%
Floating rate borrowings (7)	564,952			—			—			—			—			16,496			581,448			570,406
Average rate	0.18		%	—		%	—		%	—		%	—		%	2.37		%	0.25		%
Total	$	7,110,061		$	1,297,445		$	1,324,317		$	497,016		$	756,442		$	374,777		$	11,360,058		$	11,349,671
Average rate	0.35		%	0.43		%	2.21		%	0.37		%	1.15		%	2.92		%	0.72		%

(1) Amounts are based on contractual payments and maturities, adjusted for expected prepayments. Excludes $2.6 million of overdraft deposit balances.

(2) Line of credit amounts are based on historical cash flows, with an average life of approximately 5 years.

(3) Amounts are based on contractual maturities; adjusted for expected prepayments on mortgage-backed securities and collateralized mortgage obligations and expected calls on agency and municipal securities. Excludes equity securities as such investments do not have maturity dates.

(4) Amounts are based on contractual maturities of time deposits.

(5) Estimated based on history of deposit flows.

(6) Amounts are based on contractual maturities of debt instruments, adjusted for possible calls. Amounts also include junior subordinated deferrable interest debentures.

(7) Amounts include Federal Funds purchased, short-term promissory notes and securities sold under agreements to repurchase, which mature in less than 90 days, in addition to junior subordinated deferrable interest debentures.

68

The preceding table and discussion addressed the liquidity implications of interest rate risk and focused on expected cash flows from financial instruments. Expected maturities, however, do not necessarily reflect the net interest impact of interest rate changes. Certain financial instruments, such as adjustable rate loans, have repricing periods that differ from expected cash flows periods.

Included within the $10.0 billion of floating rate loans above are $3.6 billion of loans, or 35.8% of the total, that float with the prime interest rate, $2.0 billion, or 19.7%, of loans that float with other interest rates, primarily the London Interbank Offered Rate (LIBOR), and $4.4 billion, or 44.5%, of adjustable rate loans. The $4.4 billion of adjustable rate loans include loans that are fixed rate instruments for a certain period of time, and then convert to floating rates.

The following table presents the percentage of adjustable rate loans, at September 30, 2014, stratified by the period until their next repricing:

	Percent of Total Adjustable Rate Loans
One year	29.8%
Two years	17.6
Three years	15.9
Four years	16.2
Five years	11.0
Greater than five years	9.5

The Corporation uses two complementary methods to measure and manage interest rate risk. They are simulation of net interest income and estimates of economic value of equity. Using these measurements in tandem provides a reasonably comprehensive summary of the magnitude of the Corporation's interest rate risk, level of risk as time evolves, and exposure to changes in interest rates.

Simulation of net interest income is performed for the next twelve-month period. A variety of interest rate scenarios are used to measure the effects of sudden and gradual movements upward and downward in the yield curve. These results are compared to the results obtained in a flat or unchanged interest rate scenario. Simulation of net interest income is used primarily to measure the Corporation’s short-term earnings exposure to rate movements. The Corporation’s policy limits the potential exposure of net interest income, in a non-parallel instantaneous shock, to 10% of the base case net interest income for a 100 basis point shock in interest rates, 15% for a 200 basis point shock and 20% for a 300 basis point shock. A "shock" is an immediate upward or downward movement of interest rates. The shocks do not take into account changes in customer behavior that could result in changes to mix and/or volumes in the balance sheet, nor do they account for competitive pricing over the forward 12-month period.

The following table summarizes the expected impact of interest rate shocks on net interest income (due to the current level of interest rates, the 200 and 300 basis point downward shock scenarios are not shown):

Rate Shock (1)	Annual change in net interest income	% Change
+300 bp	+ $ 61.0 million	+12.1%
+200 bp	+ $ 38.2 million	+7.6
+100 bp	+ $ 15.8 million	+3.1
–100 bp	– $ 18.9 million	–3.8

(1) These results include the effect of implicit and explicit floors that limit further reduction in interest rates.

Economic value of equity estimates the discounted present value of asset cash flows and liability cash flows. Discount rates are based upon market prices for like assets and liabilities. Upward and downward shocks of interest rates are used to determine the comparative effect of such interest rate movements relative to the unchanged environment. This measurement tool is used primarily to evaluate the longer-term repricing risks and options in the Corporation’s balance sheet. The Corporation's policy limits the economic value of equity that may be at risk, in a non-parallel instantaneous shock, to 10% of the base case economic value of equity for a 100 basis point shock in interest rates, 20% for a 200 basis point shock and 30% for a 300 basis point shock. As of September 30, 2014, the Corporation was within policy limits for every 100 basis point shock.

69

Item 4. Controls and Procedures

The Corporation carried out an evaluation, under the supervision and with the participation of the Corporation’s management, including the Corporation’s Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Corporation’s disclosure controls and procedures pursuant to Rule 13a-15, promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"). Based upon that evaluation, the Corporation’s Chief Executive Officer and Chief Financial Officer concluded that, as of the end of the period covered by this quarterly report, the Corporation’s disclosure controls and procedures are effective. Disclosure controls and procedures are controls and procedures that are designed to ensure that information required to be disclosed in Corporation reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

There have been no changes in the Corporation’s internal control over financial reporting during the fiscal quarter covered by this quarterly report that have materially affected, or are reasonably likely to materially affect, the Corporation’s internal control over financial reporting.

70

PART II – OTHER INFORMATION

Item 1. Legal Proceedings

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations.

As of the date of this report, the Corporation believes that any liabilities, individually or in the aggregate, which may result from the final outcomes of pending proceedings will not have a material adverse effect on the financial condition, the operating results and/or the liquidity of the Corporation. However, legal proceedings are often unpredictable, and the actual results of such proceedings cannot be determined with certainty.

Regulatory Matters

In July 2014, three wholly owned banking subsidiaries of the Corporation, Fulton Bank, N.A., Swineford National Bank and FNB Bank, N.A., each entered into a Stipulation and Consent to the Issuance of a Consent Order (Consent Order) with their primary Federal bank regulatory agency, the Office of the Comptroller of the Currency relating to identified deficiencies in a centralized Bank Secrecy Act and anti-money laundering compliance program, which was designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, the "BSA/AML Requirements") as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on July 18, 2014. The Consent Orders require, among other things that the banking subsidiaries in question review, assess and take actions to strengthen and enhance their compliance programs related to the BSA/AML Requirements (BSA/AML Compliance Program).

In September 2014, the Corporation and its wholly owned banking subsidiary, Lafayette Ambassador Bank (Lafayette), entered into a consent cease and desist order (Cease and Desist Order) with their primary Federal bank regulatory agency, the Board of Governors of the Federal Reserve System (Reserve Board), as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on September 9, 2014. The Cease and Desist Order requires, among other things, that the Corporation and Lafayette strengthen the BSA/AML Compliance Program and imposes requirements similar to those set forth in the Consent Orders. In addition, the Cease and Desist Order requires the Corporation to engage an independent third-party firm to conduct a comprehensive assessment of the BSA/AML Compliance Program, and that Lafayette engage an independent third-party firm to conduct a retrospective review of account and transaction activity from January 1, 2014 to June 30, 2014 associated with high-risk customers to determine whether suspicious activity was properly identified and reported in accordance with the BSA/AML requirements. Based on the results of this review the Reserve Board may require a review of transactions for additional time periods. Further, because the Consent Orders and the Cease and Desist Order relate to the BSA/AML Compliance Program, which is operated jointly for all of the Corporation’s subsidiary banks, management anticipates that one or both of the Corporation's other subsidiary banks will also become subject to an enforcement action related to the BSA/AML Requirements, and the provisions of any such enforcement action may differ from those of the Consent Orders and Cease and Desist Order.

Item 1A. Risk Factors

The discussion under the heading “Regulatory Compliance and Risk Management Matters” contained in Part I, Item 2 (Management’s Discussion and Analysis of Financial Condition and Results of Operations) of this Quarterly Report on Form 10-Q, supplements and modifies the discussion of the risk factor “The supervision and regulation to which the Corporation is subject is increasing and can be a competitive disadvantage; the Corporation may incur fines, penalties and other negative consequences from regulatory violations, including inadvertent or unintentional violations” as set forth in Part I, Item 1A of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2013. There have been no other material changes to the risk factors as previously disclosed in Part I, Item 1A of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2013.

71

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table presents the Corporation's monthly repurchases of its common stock during the third quarter of 2014:

Period	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
July 1, 2014 to July 31, 2014	1,316,158	$11.46	1,316,158	2,683,842
August 1, 2014 to August 31, 2014	2,683,842	$11.32	2,683,842	—
September 1, 2014 to September 30, 2014	—	—	—	—

On May 28,2014, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through December 31, 2014. As of September 30, 2014, 4.0 million shares were repurchased, completing this repurchase program. No stock repurchases were made outside the program and all repurchases were made in accordance with the guidelines of Rule 10b-18 and in compliance with Regulation M.

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

Not applicable.

Item 6. Exhibits

See Exhibit Index for a list of the exhibits required by Item 601 of Regulation S-K and filed as part of this report.

72

FULTON FINANCIAL CORPORATION AND SUBSIDIARIES

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FULTON FINANCIAL CORPORATION
Date:	November 5, 2014	/s/ E. Philip Wenger
		E. Philip Wenger
		Chairman, Chief Executive Officer and President
Date:	November 5, 2014	/s/ Patrick S. Barrett
		Patrick S. Barrett
		Senior Executive Vice President and
		Chief Financial Officer

73

EXHIBIT INDEX

Exhibits Required Pursuant

to Item 601 of Regulation S-K

3.1	Articles of Incorporation, as amended and restated, of Fulton Financial Corporation– Incorporated by reference to Exhibit 3.1 of the Fulton Financial Corporation Current Report on Form 8-K dated June 24, 2011.
3.2	Bylaws of Fulton Financial Corporation as amended – Incorporated by reference to Exhibit 3.1 of the Fulton Financial Corporation Current Report on an Amended Form 8-K dated September 23, 2014.
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101	Financial statements from the Quarterly Report on Form 10-Q of Fulton Financial Corporation for the quarter ended September 30, 2014, filed on November 5, 2014, formatted in XBRL: (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Income, (iii) the Consolidated Statements of Comprehensive Income (iv) the Consolidated Statements of Shareholders' Equity, (v) the Consolidated Statement of Cash Flows and (vi) the Notes to Consolidated Financial Statements - filed herewith.

74

EX-31.1

Exhibit 31.1 – Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, E. Philip Wenger, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fulton Financial Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	November 5, 2014
	/s/ E. Philip Wenger
	E. Philip Wenger
	Chairman, Chief Executive Officer and President

EX-31.2

Exhibit 31.2 – Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Patrick S. Barrett, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fulton Financial Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	November 5, 2014
	/s/ Patrick S. Barrett
	Patrick S. Barrett
	Senior Executive Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1 - Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, E. Philip Wenger, Chief Executive Officer of Fulton Financial Corporation, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, certify that:

The Form 10-Q of Fulton Financial Corporation, containing the consolidated financial statements for the quarter ended September 30, 2014, fully complies with the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934. The information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of Fulton Financial Corporation.

Date:	November 5, 2014
	/s/ E. Philip Wenger
	E. Philip Wenger
	Chairman, Chief Executive Officer and President

EX-32.2

Exhibit 32.2 - Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, Patrick S. Barrett, Chief Financial Officer of Fulton Financial Corporation, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, certify that:

The Form 10-Q of Fulton Financial Corporation, containing the consolidated financial statements for the quarter ended September 30, 2014, fully complies with the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934. The information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of Fulton Financial Corporation.

Date:	November 5, 2014
	/s/ Patrick S. Barrett
	Patrick S. Barrett
	Senior Executive Vice President and
	Chief Financial Officer

XML

Accumulated Other Comprehensive Income Changes in Other Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Equity [Abstract]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax	$ (4,629)	$ (10,691)	$ 36,790	$ (67,357)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	1,618	3,740	(12,878)	23,573
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	(3,011)	(6,951)	23,912	(43,784)
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, before Tax	(81)	(2,633)	(1,193)	(7,971)
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Tax	29	922	418	2,790
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax	(52)	(1,711)	(775)	(5,181)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax			(1,452)
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Tax			508
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Net of Tax	0	0	(944)	0
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest	212	(163)	1,000	2,049
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	(74)	57	(350)	(717)
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	138	(106)	650	1,332
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	52	52	157	157
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	(18)	(18)	(55)	(55)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	34	34	102	102
Other comprehensive income, pension and other postretirement benefit plans, net unamortized gain (loss) arising during period, before tax			3,291
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax			(1,147)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax	0	0	2,144	0
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Recognized in Net Periodic Benefit Cost, before Tax	160	505	469	1,515
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Pension Cost, Tax Effect	(56)	(176)	(165)	(530)
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Pension Cost, Net of Tax	104	329	304	985
Other Comprehensive Income (Loss), before Tax	(4,286)	(12,930)	39,062	(71,607)
Other Comprehensive Income (Loss), Tax	1,499	4,525	(13,669)	25,061
Other Comprehensive Income (Loss)	$ (2,787)	$ (8,405)	$ 25,393	$ (46,546)

XML

Loans and Allowance for Credit Losses Average Impaired Loans by Class Segment (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 59,286		$ 84,641		$ 62,026		$ 88,543
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	165	[1]	232	[1]	529	[1]	753
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	136,918		141,219		136,888		157,612
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	527	[1]	539	[1]	1,570	[1]	1,780
Impaired Financing Receivable, Average Recorded Investment	196,204		225,860		198,914		246,155
Impaired Financing Receivable, Interest Income, Accrual Method	692	[1]	771	[1]	2,099	[1]	2,533
Real-estate commercial mortage [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	23,056		27,120		23,524		29,630
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	78	[1]	113	[1]	244	[1]	394
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	38,469		37,962		37,794		46,213
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	130	[1]	158	[1]	394	[1]	563
Commercial - Secured [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	18,903		33,644		20,014		32,528
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	29	[1]	49	[1]	98	[1]	131
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	19,764		22,771		21,404		29,317
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	30	[1]	34	[1]	101	[1]	115
Commercial - unsecured [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0		0		0		33
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	850		1,260		847		1,502
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	1	[1]	1	[1]	3	[1]	4
Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	150		300		225		253
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	1	[1]	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	14,116		14,761		14,106		14,031
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	30	[1]	17	[1]	78	[1]	49
Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,236		747		697		869
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	7	[1]	4	[1]	13	[1]	25
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	51,283		51,365		51,257		52,581
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	298	[1]	290	[1]	894	[1]	924
Construction - Commercial Residential [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	14,881		20,809		16,052		21,730
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	51	[1]	66	[1]	173	[1]	200
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	11,189		12,053		10,480		11,774
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	38	[1]	39	[1]	100	[1]	121
Construction - Commercial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,060		2,021		1,514		3,500
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	2
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	942		525		567		1,641
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	3
Construction other [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	281		501		414		517
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	1
Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	18		18		15		21
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	6		3		4		1
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Leasing and other and overdrafts [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0		0		0		14
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 0

[1] All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2014 and 2013 represents amounts earned on accruing TDRs.

XML

Loans and Allowance for Credit Losses Summary Of Gross Loans (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	$ 13,042,047	$ 12,792,016
Unearned income	(11,642)	(9,796)
Loans, net of unearned income	13,030,405	12,782,220	12,780,899
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	5,156,979	5,101,922
Loans, net of unearned income	5,156,979	5,101,922	5,063,373
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	3,691,262	3,628,420
Loans, net of unearned income	3,691,262	3,628,420	3,645,270
Real-estate - home equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	1,733,036	1,764,197
Loans, net of unearned income	1,733,036	1,764,197	1,773,554
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	1,372,033	1,337,380
Loans, net of unearned income	1,372,033	1,337,380	1,327,469
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	687,728	573,672
Loans, net of unearned income	687,728	573,672	577,342
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	278,219	283,124
Loans, net of unearned income	278,219	283,124	296,142
Leasing and other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	120,144	99,256
Overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	$ 2,646	$ 4,045

XML

Commitments and Contingencies Outstanding Commitments to Extend Credit and Letters of Credit (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Residential Mortgage Principal Balance Repurchase Request Received	$ 543,000	$ 8,800,000
Residential Mortgage, Settlement Agreement, Amount	4,500,000
Residential Mortgage, Settlement Agreement Resulting in Reduction to Outstanding Repurchase Request	7,500,000
Residential Mortgage, Settlement Agreement Resulting in Reduction to Reserves for Repurchase	5,100,000
Decrease in Operating Risk Loss	600,000
Residential Mortgage Principal Balance FHLB Credit Enhancement	158,000,000
Residential Mortgage Repurchase Reserves FHLB Credit Enhancement	2,400,000	2,500,000
Commitments to Extend Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	4,437,607,000	4,379,578,000
Standby Letters of Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	382,526,000	391,445,000
Commercial Letters of Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	30,067,000	36,344,000
Residential Mortgage [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	$ 3,300,000	$ 8,600,000

XML

Loans and Allowance for Credit Losses Credit Quality Indicators (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 13,030,405	$ 12,782,220	$ 12,780,899
Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	9,466,866	9,235,208
Percentage of total loans rated	100.00%	100.00%
Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	5,156,979	5,101,922	5,063,373
Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,691,262	3,628,420	3,645,270
Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,511,140	3,404,163
Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	180,122	224,257
Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	618,625	504,866
Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	241,419	235,369
Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	377,206	269,497
Pass [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	8,824,469	8,545,473
Percentage of total loans rated	93.20%	92.60%
Pass [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,877,904	4,763,987
Pass [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,406,351	3,377,004
Pass [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,243,731	3,167,168
Pass [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	162,620	209,836
Pass [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	540,214	404,482
Pass [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	170,027	146,041
Pass [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	370,187	258,441
Special Mention [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	294,018	298,746
Percentage of total loans rated	3.10%	3.20%
Special Mention [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	113,650	141,013
Special Mention [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	150,382	123,279
Special Mention [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	138,136	111,613
Special Mention [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	12,246	11,666
Special Mention [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	29,986	34,454
Special Mention [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	28,517	31,522
Special Mention [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,469	2,932
Substandard [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	348,379	390,989
Percentage of total loans rated	3.70%	4.20%
Substandard [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	165,425	196,922
Substandard [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	134,529	128,137
Substandard [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	129,273	125,382
Substandard [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	5,256	2,755
Substandard [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	48,425	65,930
Substandard [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	42,875	57,806
Substandard [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,550	$ 8,124

XML

Investment Securities Summary of Amortized Cost and Fair Values of Corporate Debt Securities (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	$ 2,439,408
Available-for-sale Securities, Debt Securities	2,425,331
Corporate Debt Securities Issued by Financial Institutions [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	97,094	97,883
Available-for-sale Securities, Debt Securities	98,851	96,164
Single-issuer Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	47,546	47,481
Available-for-sale Securities, Debt Securities	44,075	40,531
Subordinated Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	47,498	47,405
Available-for-sale Securities, Debt Securities	50,289	50,327
Pooled Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	2,050	2,997
Available-for-sale Securities, Debt Securities	4,487	5,306
Other Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	2,576	2,585
Available-for-sale Securities, Debt Securities	2,576	2,585
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	99,670	100,468
Available-for-sale Securities, Debt Securities	$ 101,427	$ 98,749

XML

Fair Value Option (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Summary of Corporation's Mortgage Loans Held for Sale

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	September 30, 2014		December 31, 2013
	(in thousands)
Cost	$	24,690	$	21,172
Fair value	25,212		21,351

XML

Fair Value Measurements Assets Measured at Fair Value on a Nonrecurring Basis (Details) (Fair Value, Measurements, Nonrecurring [Member], USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	$ 0	$ 0
Other financial assets	0	0
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	0	0
Other financial assets	0	0
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	128,952	138,666
Other financial assets	55,867	57,504
Assets, Fair Value Disclosure	184,819	196,170
Total [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	128,952	138,666
Other financial assets	55,867	57,504
Assets, Fair Value Disclosure	$ 184,819	$ 196,170

XML

Loans and Allowance for Credit Losses Non-Performing Assets (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Receivables [Abstract]
Non-accrual loans	$ 126,420	$ 133,753
Accruing loans greater than 90 days past due	17,428	20,524
Total non-performing loans	143,848	154,277
Other real estate owned (OREO)	13,489	15,052
Total non-performing assets	$ 157,337	$ 169,329

XML

Common Stock Repurchase Plans (Details) (USD $)	2 Months Ended
	Aug. 25, 2014	Feb. 19, 2014	May 28, 2014	Oct. 22, 2013
Common Stock Share Repurchase Plan [Abstract]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				4,000,000
AuthorizedShareRepurchasePlanPercentOfCommonSharesOutstanding			2.10%	2.10%
Stock Repurchased During Period, Shares		4,000,000
Treasury Stock Acquired, Average Cost Per Share	$ 11.36	$ 12.45

XML

Subsequent Event (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Nov. 05, 2014 Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividends per share	$ 0.08	$ 0.08	$ 0.24	$ 0.24	$ 0.02

XML

Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	$ 2,470,609	$ 2,568,434
Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	45,278	46,201
U.S. Government Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	200	525
U.S. Government-Sponsored Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	240	726
State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	257,616	284,849
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	101,427	98,749
Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	955,040	1,032,398
Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	962,335	945,712
Auction Rate Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	148,473	159,274
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	0	0
Available-for-sale Securities, Fair Value Disclosure	45,278	46,201
Other Assets, Fair Value Disclosure	17,475	15,779
Assets, Fair Value Disclosure	62,753	61,980
Liabilities, Fair Value Disclosure	17,376	15,648
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	45,278	46,201
Fair Value, Inputs, Level 1 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	25,212	21,351
Available-for-sale Securities, Fair Value Disclosure	2,268,502	2,353,872
Other Assets, Fair Value Disclosure	11,988	7,227
Assets, Fair Value Disclosure	2,305,702	2,382,450
Liabilities, Fair Value Disclosure	11,050	5,161
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	200	525
Fair Value, Inputs, Level 2 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	240	726
Fair Value, Inputs, Level 2 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	257,616	284,849
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	93,071	89,662
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	955,040	1,032,398
Fair Value, Inputs, Level 2 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	962,335	945,712
Fair Value, Inputs, Level 2 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	0	0
Available-for-sale Securities, Fair Value Disclosure	156,829	168,361
Other Assets, Fair Value Disclosure	0	0
Assets, Fair Value Disclosure	156,829	168,361
Liabilities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	8,356	9,087
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	148,473	159,274
Total [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	25,212	21,351
Available-for-sale Securities, Fair Value Disclosure	2,470,609	2,568,434
Other Assets, Fair Value Disclosure	29,463	23,006
Assets, Fair Value Disclosure	2,525,284	2,612,791
Liabilities, Fair Value Disclosure	28,426	20,809
Total [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	45,278	46,201
Total [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	200	525
Total [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	240	726
Total [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	257,616	284,849
Total [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	101,427	98,749
Total [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	955,040	1,032,398
Total [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	962,335	945,712
Total [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	$ 148,473	$ 159,274

XML

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Reconciliation of Weighted Average Common Shares Outstanding

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended September 30		Nine months ended September 30
	2014	2013	2014	2013
	(in thousands)
Weighted average shares outstanding (basic)	186,109	192,251	187,893	193,926
Impact of common stock equivalents	846	1,008	970	1,000
Weighted average shares outstanding (diluted)	186,955	193,259	188,863	194,926

XML

Loans and Allowance for Credit Losses Activity in the Allowance for Credit Losses (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Receivables [Abstract]
Provision for loan losses gross	$ 126	$ 1,000	$ 506	$ 816
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	193,442	217,626	204,917	225,439
Loans charged off	(9,604)	(18,108)	(31,348)	(61,597)
Recoveries of loans previously charged off	3,770	3,820	8,039	10,996
Net loans charged off	(5,834)	(14,288)	(23,309)	(50,601)
Provision for credit losses	3,500	9,500	9,500	38,000
Balance at end of period	$ 191,108	$ 212,838	$ 191,108	$ 212,838

XML

Investment Securities Schedule of Amortized Cost and Fair Values of Debt Securities by Contractual Maturities (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost Basis	$ 13,218
Available-for-sale Securities, Debt Maturities, within One Year, Fair Value	13,284
Available-for-sale Securities, Debt Maturities, after One Through Five Years, Amortized Cost Basis	75,307
Available-for-sale Securities, Debt Maturities, after One Through Five Years, Fair Value	78,967
Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Amortized Cost Basis	187,966
Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Fair Value	193,537
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	232,534
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	222,168
Available for Sale Securities, Debt Securities, Amortized Cost, Before Securities Without Debt Maturities	509,025
Available for Sale Securities, Debt Maturities, Before Securities Without Single Maturities	507,956
Available-for-sale Debt Securities, Amortized Cost Basis	2,439,408
Available for Sale, Estimated Fair Value	2,425,331
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis	975,971
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	955,040
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis	954,412
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	$ 962,335

XML

Fair Value Measurements Narrative (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Equity Securities, Value Test Coverage, Percent	75.00%
Fair Value, Equity Securities, Fair Value Price Difference Threshold, Percent	5.00%
Corporate debt securities	$ 2,425,331,000
Significant Input, Assumed Market Return to Liquidity, Years	5 years
Other real estate owned (OREO)	13,489,000	15,052,000
Short Term Borrowings, Reprice Period, In Days	90
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed	12.00%
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Discount Rate	9.10%
Equity Securities Financial Institution [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	39,300,000	40,600,000
Other Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	6,000,000	5,600,000
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	101,427,000	98,749,000
Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	44,075,000	40,531,000
Pooled Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	4,487,000	5,306,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities Financial Institution [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	39,300,000	40,600,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	6,000,000	5,600,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Financial Institutions Subordinated Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	50,300,000	50,300,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	40,200,000	36,700,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	2,600,000	2,600,000
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	44,100,000	40,500,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	3,900,000	3,800,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Pooled Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	4,500,000	5,300,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned (OREO)	13,500,000	15,100,000
Servicing Asset at Amortized Value, Fair Value	42,400,000	42,500,000
Trust for Benefit of Employees [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	16,100,000	15,300,000
Foreign Exchange Contract [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	1,394,000	522,000
Forward Contracts [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	1,300,000	2,100,000
Other financial liabilities	400,000	64,000
Interest Rate Swap [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	10,600,000	5,100,000
Other financial liabilities	10,600,000	5,100,000
Foreign Exchange Contract [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial liabilities	1,295,000	391,000
Trust for Benefit of Employees [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial liabilities	$ 16,100,000	$ 15,300,000

XML

Net Income Per Share Reconciliation of Weighted Average Common Shares Outstanding (Details) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average shares outstanding (basic)	186,109	192,251	187,893	193,926
Impact of common stock equivalents	846	1,008	970	1,000
Weighted average shares outstanding (diluted)	186,955	193,259	188,863	194,926

XML

Loans and Allowance for Credit Losses Present Loans, Net of Unearned Income and Their Related Allowance for Loan Losses, by Portfolio Segment (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014		Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013		Jun. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	$ 124,997				$ 145,050
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	64,480				65,436
Allowance for loan losses	189,477		191,685	202,780	210,486		216,431	223,903
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	12,836,973				12,567,720
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	193,432				213,179
Loans, net of unearned income	13,030,405			12,782,220	12,780,899
Percentage of unallocated allowance	4.00%				9.00%
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	32,951				43,262
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	16,223				15,365
Allowance for loan losses	49,174		49,842	55,659	58,627		58,696	62,928
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	5,095,263				5,001,851
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	61,716				61,522
Loans, net of unearned income	5,156,979			5,101,922	5,063,373
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	39,098				38,025
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	11,942				13,870
Allowance for loan losses	51,040		49,084	50,330	51,895		57,557	60,205
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	3,655,162				3,593,038
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	36,100				52,232
Loans, net of unearned income	3,691,262			3,628,420	3,645,270
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	21,666				18,482
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	9,625				9,538
Allowance for loan losses	31,291		32,041	28,222	28,020		25,736	22,776
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	1,719,049				1,758,492
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	13,987				15,062
Loans, net of unearned income	1,733,036			1,764,197	1,773,554
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	11,503				11,494
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	21,502				22,263
Allowance for loan losses	33,005		32,744	33,082	33,757		32,684	34,536
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	1,319,333				1,277,200
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	52,700				50,269
Loans, net of unearned income	1,372,033			1,337,380	1,327,469
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	6,009				8,648
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	5,167				4,383
Allowance for loan losses	11,176		11,331	12,649	13,031		14,471	17,287
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	658,822				543,268
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	28,906				34,074
Loans, net of unearned income	687,728			573,672	577,342
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	3,439				2,911
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	21				17
Allowance for loan losses	3,460		3,306	3,260	2,928		2,497	2,367
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	278,196				296,122
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	23				20
Loans, net of unearned income	278,219			283,124	296,142
Leasing and other and overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	1,966				2,982
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35	0				0
Allowance for loan losses	1,966		1,851	3,370	2,982		2,925	2,752
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20	111,148				97,749
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35	0				0
Loans, net of unearned income	111,148			93,505	97,749
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	8,365	[1]			19,246	[1]
Allowance for loan losses	$ 8,365	[1]	$ 11,486	$ 16,208	$ 19,246	[1]	$ 21,865	$ 21,052

[1] The unallocated allowance, which was approximately 4% and 9% of the total allowance for credit losses as of September 30, 2014 and September 30, 2013, respectively, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

XML

Derivative Financial Instruments Fair Value Gains and Losses on Derivative Financial Instruments (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Mortgage Banking Income [Member] | Interest rate lock with customers [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	$ (1,092)	$ 4,717	$ 500	$ (3,707)
Mortgage Banking Income [Member] | Forward Commitments [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	1,374	(12,244)	(1,627)	(1,969)
Other Income [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	312	(7,921)	(1,166)	(4,941)
Other Income [Member] | Interest Rate Swap with Customer [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	(40)	1,009	10,300	(5,270)
Other Income [Member] | Interest Rate Swap with Counterparty [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	40	(1,009)	(10,300)	5,270
Other Income [Member] | Foreign Exchange Contracts With Customer [Member]
Derivative [Line Items]
Gain (Loss) on Foreign Currency Derivatives Recorded in Earnings, Net	557	(344)	854	(175)
Other Income [Member] | Foreign Exchange Contracts With Correspondent Banks [Member]
Derivative [Line Items]
Gain (Loss) on Foreign Currency Derivatives Recorded in Earnings, Net	$ (527)	$ (50)	$ (893)	$ 910

XML

Loans and Allowance for Credit Losses Narrative (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans with principal balances approximately in percentage	77.00%	89.00%
Loan to value ratio in the Corporation's policy	70.00%
Recorded investment, with no related allowance	$ 55,644,000		$ 61,893,000
TDR additional commitments to lend	4,600,000		9,600,000
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance of loans evaluated individually for impairment	1,000,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance of loans evaluated individually for impairment	1,000,000
Impaired loans balances, real estate as collateral	$ 1,000,000

XML

Investment Securities Narrative (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Schedule of Investments [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 1,800,000,000		$ 1,800,000,000		$ 1,700,000,000
Amortized cost	2,473,788,000		2,473,788,000		2,608,210,000
Available-for-sale Securities, Fair Value Disclosure	2,470,609,000		2,470,609,000		2,568,434,000
Single Bank Stock Investment, cost basis	20,000,000		20,000,000
Single Bank Stock Investment, Fair Value	27,500,000		27,500,000
Percent Ownership In An Individual Financial Institution	70.00%		70.00%
IndividualBankStockInvestmentPercenttoTotalPortfolio	5.00%		5.00%
Proceeds from Sale of Available-for-sale Securities			11,900,000
Auction Rate Certificates Not Subject To Any Additional Other Than Temporary Impairment Charges Fair Value	148,500,000		148,500,000
Net gains on sales of investment securities	99,000	2,730,000	1,223,000	8,095,000
Domestic Corporate debt securities	101,400,000		101,400,000
Equity Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	34,380,000		34,380,000		33,922,000
Available-for-sale Securities, Fair Value Disclosure	45,278,000		45,278,000		46,201,000
Equity Securities Financial Institution [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Equity Securities	39,300,000		39,300,000		40,600,000
Amortized cost	28,600,000		28,600,000
Available-for-sale Securities, Fair Value Disclosure	39,300,000		39,300,000
Equity Securities, Other [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Equity Securities	6,000,000		6,000,000		5,600,000
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	158,725,000		158,725,000		172,299,000
Available-for-sale Securities, Fair Value Disclosure	148,473,000		148,473,000		159,274,000
Carrying value auction rate securities below investment grade	4,000,000		4,000,000
Percentage Auction Rate Securities Below Investment Grade	3.00%		3.00%
US Government Guaranteed student loans below investment grade	3,000,000		3,000,000
US Government Guaranteed student loan auction rate securities	147,000,000		147,000,000
US Government Guaranteed student loan auction rate securities percentage	99.00%		99.00%
Pooled Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Number of Securities Sold			2
Available-for-sale Securities, Gross Realized Gains (Losses), Cost Basis of Securities Sold			728,000
Net gains on sales of investment securities			1,100,000
Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Unrealized Loss on Securities			3,500,000
Number of Trust Preferred Securities	20		20
Number of Trust Preferred Securities Not Rated	3		3
Moody's, A2 Rating [Member] | Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Carrying Value Auction Rate Securities Rated Investment Grade	104,000,000		104,000,000
Percentage Auction Rate Securities Investment Grade	72.00%		72.00%
Moody's, A3 Rating [Member] | Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Carrying Value Auction Rate Securities Rated Investment Grade	6,000,000		6,000,000
Percentage Auction Rate Securities Investment Grade	4.00%		4.00%
External Credit Rating, BBB [Member] | Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	4,700,000		4,700,000
Available-for-sale Securities, Fair Value Disclosure	3,900,000		3,900,000
External Credit Rating, Rated Above Investment Grade [Member] | Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Carrying Value Action Rate Securities Above Investment Grade	144,000,000		144,000,000
Percentage Action Rate Securities Above Investment Grade	97.00%		97.00%
External Credit Rating, Rated Below Investment Grade [Member] | Pooled Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	2,100,000		2,100,000
Available-for-sale Securities, Fair Value Disclosure	4,500,000		4,500,000
Number of Trust Preferred Securities	6		6
External Credit Rating, Rated Below Investment Grade [Member] | Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	13,500,000		13,500,000
Available-for-sale Securities, Fair Value Disclosure	$ 12,300,000		$ 12,300,000
Number of Trust Preferred Securities	6		6

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Basis of Presentation

9 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The accompanying unaudited consolidated financial statements of Fulton Financial Corporation (the Corporation) have been prepared in conformity with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities as of the date of the financial statements as well as revenues and expenses during the period. Actual results could differ from those estimates. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. The Corporation evaluates subsequent events through the filing date of this Form 10-Q with the Securities and Exchange Commission (SEC).

Recent Accounting Standards

In April 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) Update 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASC Update 2014-08 changes the criteria for reporting discontinued operations, including a change in the definition of what constitutes the disposal of a component and additional disclosure requirements. For public business entities ASC Update 2014-08 is effective for disposals that occur within annual periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-08 is not expected to have a material impact on the Corporation's consolidated financial statements.

In May 2014, the FASB issued ASC Update 2014-09, "Revenue from Contracts with Customers." This standards update provides a framework that replaces most existing revenue recognition guidance. The core principle prescribed by this standards update is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASC Update 2014-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early application is not permitted. For the Corporation, this standards update is effective with its March 31, 2017 quarterly report on Form 10-Q. The Corporation is currently evaluating the impact of the adoption of ASC Update 2014-09 on its consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-11, "Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures." In addition to new disclosure requirements, ASC Update 2014-11 requires that all repurchase-to-maturity transactions be accounted for as secured borrowings rather than as sales of financial assets. Also, all transfers of financial assets executed contemporaneously with a repurchase agreement with the same counterparty must be accounted for separately, the result of which would be the treatment of such transactions as secured borrowings. ASC Update 2014-11 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-11 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." ASC Update 2014-12 clarifies guidance related to accounting for share-based payment awards with terms that allow an employee to vest in the award regardless of whether the employee is rendering service on the date a performance target is achieved. ASC Update 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASC Update 2014-12 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014, with earlier adoption permitted. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-12 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In August 2014, the FASB issued ASC Update 2014-14, "Receivables - Troubled Debt Restructuring by Creditors." ASC Update 2014-14 clarifies troubled debt restructuring guidance related to the classification and measurement of certain government-sponsored loan guarantee programs upon foreclosure. ASC Update 2014-14 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014, with earlier adoption permitted. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-14 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In August 2014, the FASB issued ASC Update 2014-15, "Presentation of Financial Statements - Going Concern." ASC Update 2014-15 provides guidance regarding management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related disclosures. The standards update describes how an entity's management should assess whether there are conditions and events, considered in the aggregate, that raise substantial doubt about an entity's ability to continue as a going concern within one year after the date that the financial statements are issued. ASC Update 2014-15 is effective for public business entities’ annual reporting periods ending after December 15, 2016, with earlier adoption permitted. For the Corporation, this standards update is effective with its December 31, 2016 annual report on Form 10-K. The adoption of ASC Update 2014-15 is not expected to have a material impact on the Corporation’s consolidated financial statements.

Reclassifications

Certain amounts in the 2013 consolidated financial statements and notes have been reclassified to conform to the 2014 presentation.

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Mortgage Servicing Rights Summary of Changes in Mortgage Servicing Rights (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Valuation Allowance:
Servicing Asset at Fair Value, Amount	$ 47,900,000		$ 47,900,000
Mortgages [Member]
Valuation Allowance:
Balance at beginning of period	0	(1,690,000)	0	(3,680,000)
Reversals	0		0
Valuation Allowance for Impairment of Recognized Servicing Assets, Period Increase (Decrease)	0	(1,690,000)	0	(3,680,000)
Residential Mortgage [Member]
Amortized Cost:
Balance at beginning of period	42,586,000	41,750,000	42,452,000	39,737,000
Originations of mortgage servicing rights	1,456,000	2,909,000	3,807,000	10,371,000
Amortization	(1,664,000)	(2,031,000)	(3,881,000)	(7,480,000)
Balance at end of period	42,378,000	42,628,000	42,378,000	42,628,000
Valuation Allowance:
Balance at end of period	0	0	0	0
Net MSRs at end of period	$ 42,378,000	$ 42,628,000	$ 42,378,000	$ 42,628,000

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Investment Securities Summary of Gains and Losses from Equity and Debt Securities, and Losses from Other-than-Temporary Impairment (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	$ 99	$ 2,752	$ 1,546	$ 8,145
Gross Realized Losses	0	(22)	(323)	(50)
Other-than- temporary Impairment Losses	(18)	(97)	(30)	(124)
Net Gains (Losses)	81	2,633	1,193	7,971
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	99	2,135	100	4,357
Gross Realized Losses	0	0	0	(28)
Other-than- temporary Impairment Losses	0	0	(12)	(27)
Net Gains (Losses)	99	2,135	88	4,302
Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	0	617	1,446	3,788
Gross Realized Losses	0	(22)	(323)	(22)
Other-than- temporary Impairment Losses	(18)	(97)	(18)	(97)
Net Gains (Losses)	$ (18)	$ 498	$ 1,105	$ 3,669

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Mortgage Servicing Rights (Tables)

9 Months Ended

Sep. 30, 2014

Transfers and Servicing [Abstract]

Summary of Changes in Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights (MSRs), which are included in other assets on the consolidated balance sheets:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Amortized cost:
Balance at beginning of period	$	42,586		$	41,750		$	42,452		$	39,737
Originations of mortgage servicing rights	1,456			2,909			3,807			10,371
Amortization	(1,664		)	(2,031		)	(3,881		)	(7,480		)
Balance at end of period	$	42,378		$	42,628		$	42,378		$	42,628
Valuation allowance:
Balance at beginning of period	$	—		$	(1,690	)	$	—		$	(3,680	)
Reversals	—			1,690			—			3,680
Balance at end of period	$	—		$	—		$	—		$	—
Net MSRs at end of period	$	42,378		$	42,628		$	42,378		$	42,628

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Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Summary of Gross Loans by Type

Loans, net of unearned income are summarized as follows:

	September 30, 2014			December 31, 2013
	(in thousands)
Real-estate - commercial mortgage	$	5,156,979		$	5,101,922
Commercial - industrial, financial and agricultural	3,691,262			3,628,420
Real-estate - home equity	1,733,036			1,764,197
Real-estate - residential mortgage	1,372,033			1,337,380
Real-estate - construction	687,728			573,672
Consumer	278,219			283,124
Leasing and other	120,144			99,256
Overdrafts	2,646			4,045
Loans, gross of unearned income	13,042,047			12,792,016
Unearned income	(11,642		)	(9,796		)
Loans, net of unearned income	$	13,030,405		$	12,782,220

Schedule of Allowance for Credit Losses

The following table presents the components of the allowance for credit losses:

	September 30, 2014		December 31, 2013
	(in thousands)
Allowance for loan losses	$	189,477	$	202,780
Reserve for unfunded lending commitments	1,631		2,137
Allowance for credit losses	$	191,108	$	204,917

Activity in the Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance at beginning of period	$	193,442		$	217,626		$	204,917		$	225,439
Loans charged off	(9,604		)	(18,108		)	(31,348		)	(61,597		)
Recoveries of loans previously charged off	3,770			3,820			8,039			10,996
Net loans charged off	(5,834		)	(14,288		)	(23,309		)	(50,601		)
Provision for credit losses	3,500			9,500			9,500			38,000
Balance at end of period	$	191,108		$	212,838		$	191,108		$	212,838

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Loans charged off	(1,557		)	(5,167		)	(1,492		)	(231		)	(313		)	(538		)	(306		)	—			(9,604		)
Recoveries of loans previously charged off	1,167			1,013			336			95			470			448			241			—			3,770
Net loans charged off	(390		)	(4,154		)	(1,156		)	(136		)	157			(90		)	(65		)	—			(5,834		)
Provision for loan losses (1)	(278		)	6,110			406			397			(312		)	244			180			(3,121		)	3,626
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Three months ended September 30, 2013
Balance at June 30, 2013	$	58,696		$	57,557		$	25,736		$	32,684		$	14,471		$	2,497		$	2,925		$	21,865		$	216,431
Loans charged off	(3,724		)	(9,394		)	(2,365		)	(767		)	(598		)	(473		)	(787		)	—			(18,108		)
Recoveries of loans previously charged off	185			2,295			198			245			379			294			224			—			3,820
Net loans charged off	(3,539		)	(7,099		)	(2,167		)	(522		)	(219		)	(179		)	(563		)	—			(14,288		)
Provision for loan losses (1)	3,470			1,437			4,451			1,595			(1,221		)	610			620			(2,619		)	8,343
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486
Nine months ended September 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(5,084		)	(15,804		)	(4,377		)	(2,166		)	(745		)	(1,738		)	(1,434		)	—			(31,348		)
Recoveries of loans previously charged off	1,641			2,532			869			319			852			1,059			767			—			8,039
Net loans charged off	(3,443		)	(13,272		)	(3,508		)	(1,847		)	107			(679		)	(667		)	—			(23,309		)
Provision for loan losses (1)	(3,042		)	13,982			6,577			1,770			(1,580		)	879			(737		)	(7,843		)	10,006
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Nine months ended September 30, 2013
Balance at December 31, 2012	$	62,928		$	60,205		$	22,776		$	34,536		$	17,287		$	2,367		$	2,752		$	21,052		$	223,903
Loans charged off	(13,050		)	(24,856		)	(6,735		)	(8,282		)	(5,181		)	(1,456		)	(2,037		)	—			(61,597		)
Recoveries of loans previously charged off	2,754			3,430			721			442			1,794			1,206			649			—			10,996
Net loans charged off	(10,296		)	(21,426		)	(6,014		)	(7,840		)	(3,387		)	(250		)	(1,388		)	—			(50,601		)
Provision for loan losses (1)	5,995			13,116			11,258			7,061			(869		)	811			1,618			(1,806		)	37,184
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486

(1) The provision for loan losses excluded a $126,000 and $506,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2014 and excluded a $1.2 million and $816,000 increase, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2013. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $3.5 million and $9.5 million, respectively, for the three and nine months ended September 30, 2014 and $9.5 million and $38.0 million, respectively, for the three and nine months ended September 30, 2013.

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	32,951	$	39,098	$	21,666	$	11,503	$	6,009	$	3,439	$	1,966	$	8,365	$	124,997
Evaluated for impairment under FASB ASC Section 310-10-35	16,223		11,942		9,625		21,502		5,167		21		—		N/A		64,480
	$	49,174	$	51,040	$	31,291	$	33,005	$	11,176	$	3,460	$	1,966	$	8,365	$	189,477
Loans, net of unearned income at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,095,263	$	3,655,162	$	1,719,049	$	1,319,333	$	658,822	$	278,196	$	111,148	N/A		$	12,836,973
Evaluated for impairment under FASB ASC Section 310-10-35	61,716		36,100		13,987		52,700		28,906		23		—		N/A		193,432
	$	5,156,979	$	3,691,262	$	1,733,036	$	1,372,033	$	687,728	$	278,219	$	111,148	N/A		$	13,030,405
Allowance for loan losses at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	43,262	$	38,025	$	18,482	$	11,494	$	8,648	$	2,911	$	2,982	$	19,246	$	145,050
Evaluated for impairment under FASB ASC Section 310-10-35	15,365		13,870		9,538		22,263		4,383		17		—		N/A		65,436
	$	58,627	$	51,895	$	28,020	$	33,757	$	13,031	$	2,928	$	2,982	$	19,246	$	210,486
Loans, net of unearned income at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,001,851	$	3,593,038	$	1,758,492	$	1,277,200	$	543,268	$	296,122	$	97,749	N/A		$	12,567,720
Evaluated for impairment under FASB ASC Section 310-10-35	61,522		52,232		15,062		50,269		34,074		20		—		N/A		213,179
	$	5,063,373	$	3,645,270	$	1,773,554	$	1,327,469	$	577,342	$	296,142	$	97,749	N/A		$	12,780,899

(1) The unallocated allowance, which was approximately 4% and 9% of the total allowance for credit losses as of September 30, 2014 and September 30, 2013, respectively, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A – Not applicable

Total Impaired Loans by Class Segment

The following table presents total impaired loans by class segment:

	September 30, 2014						December 31, 2013
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	26,102	$	23,280	$	—	$	28,892	$	24,494	$	—
Commercial - secured	19,100		15,283		—		23,890		21,383		—
Real estate - home equity	—		—		—		399		300		—
Real estate - residential mortgage	1,075		1,075		—		—		—		—
Construction - commercial residential	20,725		14,761		—		18,943		13,740		—
Construction - commercial	1,361		1,245		—		2,996		1,976		—
	68,363		55,644				75,120		61,893
With a related allowance recorded:
Real estate - commercial mortgage	47,938		38,436		16,223		43,282		35,830		14,444
Commercial - secured	29,939		19,990		11,336		34,267		22,324		13,315
Commercial - unsecured	974		827		606		1,113		1,048		752
Real estate - home equity	19,810		13,987		9,625		20,383		14,337		9,059
Real estate - residential mortgage	62,182		51,625		21,502		63,682		51,097		21,745
Construction - commercial residential	18,046		11,990		4,769		25,769		14,579		3,493
Construction - commercial	1,834		629		260		485		195		77
Construction - other	452		281		138		719		548		301
Consumer - direct	18		18		16		11		11		10
Consumer - indirect	5		5		5		2		2		2
	181,198		137,788		64,480		189,713		139,971		63,198
Total	$	249,561	$	193,432	$	64,480	$	264,833	$	201,864	$	63,198

As of September 30, 2014 and December 31, 2013, there were $55.6 million and $61.9 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral for these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

The following table presents average impaired loans by class segment:

	Three months ended September 30								Nine months ended September 30
	2014				2013				2014				2013
	Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	23,056	$	78	$	27,120	$	113	$	23,524	$	244	$	29,630	394
Commercial - secured	18,903		29		33,644		49		20,014		98		32,528		131
Commercial - unsecured	—		—		—		—		—		—		33		—
Real estate - home equity	150		—		300		—		225		1		253		1
Real estate - residential mortgage	1,236		7		747		4		697		13		869		25
Construction - commercial residential	14,881		51		20,809		66		16,052		173		21,730		200
Construction - commercial	1,060		—		2,021		—		1,514		—		3,500		2
	59,286		165		84,641		232		62,026		529		88,543		753
With a related allowance recorded:
Real estate - commercial mortgage	38,469		130		37,962		158		37,794		394		46,213		563
Commercial - secured	19,764		30		22,771		34		21,404		101		29,317		115
Commercial - unsecured	850		1		1,260		1		847		3		1,502		4
Real estate - home equity	14,116		30		14,761		17		14,106		78		14,031		49
Real estate - residential mortgage	51,283		298		51,365		290		51,257		894		52,581		924
Construction - commercial residential	11,189		38		12,053		39		10,480		100		11,774		121
Construction - commercial	942		—		525		—		567		—		1,641		3
Construction - other	281		—		501		—		414		—		517		1
Consumer - direct	18		—		18		—		15		—		21		—
Consumer - indirect	6		—		3		—		4		—		1		—
Leasing and other and overdrafts	—		—		—		—		—		—		14		—
	136,918		527		141,219		539		136,888		1,570		157,612		1,780
Total	$	196,204	$	692	$	225,860	$	771	$	198,914	$	2,099	$	246,155	2,533

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2014 and 2013 represents amounts earned on accruing TDRs.

Financing Receivable Credit Quality Indicators

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - commercial mortgage	$	4,877,904		$	4,763,987		$	113,650		$	141,013		$	165,425		$	196,922		$	5,156,979		$	5,101,922
Commercial - secured	3,243,731			3,167,168			138,136			111,613			129,273			125,382			3,511,140			3,404,163
Commercial - unsecured	162,620			209,836			12,246			11,666			5,256			2,755			180,122			224,257
Total commercial - industrial, financial and agricultural	3,406,351			3,377,004			150,382			123,279			134,529			128,137			3,691,262			3,628,420
Construction - commercial residential	170,027			146,041			28,517			31,522			42,875			57,806			241,419			235,369
Construction - commercial	370,187			258,441			1,469			2,932			5,550			8,124			377,206			269,497
Total construction (excluding Construction - other)	540,214			404,482			29,986			34,454			48,425			65,930			618,625			504,866
	$	8,824,469		$	8,545,473		$	294,018		$	298,746		$	348,379		$	390,989		$	9,466,866		$	9,235,208
% of Total	93.2		%	92.6		%	3.1		%	3.2		%	3.7		%	4.2		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan. The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, leasing and other and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of these loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology, which bases the probability of default on this migration.

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - home equity	$	1,707,659		$	1,731,185		$	10,306		$	16,029		$	15,071		$	16,983		$	1,733,036		$	1,764,197
Real estate - residential mortgage	1,319,002			1,282,754			24,896			23,279			28,135			31,347			1,372,033			1,337,380
Construction - other	68,822			68,258			—			—			281			548			69,103			68,806
Consumer - direct	115,449			126,666			3,025			3,586			2,359			2,391			120,833			132,643
Consumer - indirect	155,027			147,017			2,203			3,312			156			152			157,386			150,481
Total consumer	270,476			273,683			5,228			6,898			2,515			2,543			278,219			283,124
Leasing and other and overdrafts	110,491			92,876			269			581			388			48			111,148			93,505
	$	3,476,450		$	3,448,756		$	40,699		$	46,787		$	46,390		$	51,469		$	3,563,539		$	3,547,012
% of Total	97.6		%	97.2		%	1.2		%	1.3		%	1.3		%	1.5		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

Non-Performing Assets

The following table presents non-performing assets:

	September 30, 2014		December 31, 2013
	(in thousands)
Non-accrual loans	$	126,420	$	133,753
Accruing loans greater than 90 days past due	17,428		20,524
Total non-performing loans	143,848		154,277
Other real estate owned (OREO)	13,489		15,052
Total non-performing assets	$	157,337	$	169,329

Troubled Debt Restructurings on Financing Receivables

The following table presents TDRs, by class segment:

	September 30, 2014		December 31, 2013
	(in thousands)
Real-estate - residential mortgage	$	30,850	$	28,815
Real-estate - commercial mortgage	18,869		19,758
Construction - commercial residential	9,251		10,117
Commercial - secured	5,042		7,933
Real estate - home equity	2,904		1,365
Commercial - unsecured	73		112
Consumer - direct	18		11
Consumer - indirect	5		—
Total accruing TDRs	67,012		68,111
Non-accrual TDRs (1)	27,724		30,209
Total TDRs	$	94,736	$	98,320

(1) Included within non-accrual loans in the preceding table detailing non-performing assets

Loan Terms Modified Under Troubled Debt Restructurings

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified during the three and nine months ended September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - commercial mortgage	1	$	391	4	$	3,774	10	$	10,195	13	$	8,428
Construction - commercial residential	—	—		2	4,427		2	1,914		5	9,542
Real estate - residential mortgage	3	256		5	836		18	2,092		44	6,861
Real estate - home equity	6	764		14	1,071		26	1,627		42	2,928
Commercial - secured	3	1,214		—	—		4	1,357		8	592
Consumer - indirect	—	—		—	—		4	7		—	—
Consumer - direct	—	—		—	—		6	8		9	2
Commercial - unsecured	—	—		—	—		—	—		1	15
Total	13	$	2,625	25	$	10,108	70	$	17,200	122	$	28,368

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified within the previous 12 months and had a post-modification payment default during the nine months ended September 30, 2014 and 2013. The Corporation defines a payment default as a single missed payment.

	2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - residential mortgage	8	$	1,147	20	$	3,460
Real estate - home equity	5	724		18	1,419
Construction - commercial residential	3	2,509		1	608
Real estate - commercial mortgage	1	35		5	2,062
Commercial - secured	3	415		1	100
Consumer - direct	—	—		3	1
Total	20	$	4,830	48	$	7,650

Past due Loan Status and Non-Accrual Loans by Portfolio Segment

The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	September 30, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	19,506	$	5,074	$	1,755	$	42,847	$	44,602	$	69,182	$	5,087,797	$	5,156,979
Commercial - secured	7,530		1,215		2,292		30,231		32,523		41,268		3,469,872		3,511,140
Commercial - unsecured	1,528		209		—		754		754		2,491		177,631		180,122
Total commercial - industrial, financial and agricultural	9,058		1,424		2,292		30,985		33,277		43,759		3,647,503		3,691,262
Real estate - home equity	8,094		2,212		3,988		11,083		15,071		25,377		1,707,659		1,733,036
Real estate - residential mortgage	17,102		7,794		6,285		21,850		28,135		53,031		1,319,002		1,372,033
Construction - commercial residential	215		—		205		17,500		17,705		17,920		223,499		241,419
Construction - commercial	—		—		—		1,874		1,874		1,874		375,332		377,206
Construction - other	—		—		—		281		281		281		68,822		69,103
Total real estate - construction	215		—		205		19,655		19,860		20,075		667,653		687,728
Consumer - direct	2,032		993		2,359		—		2,359		5,384		115,449		120,833
Consumer - indirect	1,815		388		156		—		156		2,359		155,027		157,386
Total consumer	3,847		1,381		2,515		—		2,515		7,743		270,476		278,219
Leasing and other and overdrafts	185		84		388		—		388		657		110,491		111,148
Total	$	58,007	$	17,969	$	17,428	$	126,420	$	143,848	$	219,824	$	12,810,581	$	13,030,405

	December 31, 2013
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	15,474	$	4,009	$	3,502	$	40,566	$	44,068	$	63,551	$	5,038,371	$	5,101,922
Commercial - secured	8,916		1,365		1,311		35,774		37,085		47,366		3,356,797		3,404,163
Commercial - unsecured	332		125		—		936		936		1,393		222,864		224,257
Total commercial - industrial, financial and agricultural	9,248		1,490		1,311		36,710		38,021		48,759		3,579,661		3,628,420
Real estate - home equity	13,555		2,474		3,711		13,272		16,983		33,012		1,731,185		1,764,197
Real estate - residential mortgage	16,969		6,310		9,065		22,282		31,347		54,626		1,282,754		1,337,380
Construction - commercial residential	—		645		346		18,202		18,548		19,193		216,176		235,369
Construction - commercial	14		—		—		2,171		2,171		2,185		267,312		269,497
Construction - other	—		—		—		548		548		548		68,258		68,806
Total real estate - construction	14		645		346		20,921		21,267		21,926		551,746		573,672
Consumer - direct	2,091		1,495		2,391		—		2,391		5,977		126,666		132,643
Consumer - indirect	2,864		448		150		2		152		3,464		147,017		150,481
Total consumer	4,955		1,943		2,541		2		2,543		9,441		273,683		283,124
Leasing and other and overdrafts	559		22		48		—		48		629		92,876		93,505
Total	$	60,774	$	16,893	$	20,524	$	133,753	$	154,277	$	231,944	$	12,550,276	$	12,782,220

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Loans and Allowance for Credit Losses Summary of Delinquency and Non-Performing Status by Portfolio Segment (Details) (USD $) In Thousands, unless otherwise specified																																																																																9 Months Ended																																					9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2014 Real-estate - home equity [Member]	Dec. 31, 2013 Real-estate - home equity [Member]	Sep. 30, 2013 Real-estate - home equity [Member]	Sep. 30, 2014 Real-estate - residential mortgage [Member]	Dec. 31, 2013 Real-estate - residential mortgage [Member]	Sep. 30, 2013 Real-estate - residential mortgage [Member]	Sep. 30, 2014 Construction other [Member]	Dec. 31, 2013 Construction other [Member]	Sep. 30, 2014 Consumer [Member]	Dec. 31, 2013 Consumer [Member]	Sep. 30, 2013 Consumer [Member]	Sep. 30, 2014 Consumer - direct [Member]	Dec. 31, 2013 Consumer - direct [Member]	Sep. 30, 2014 Consumer - Indirect [Member]	Dec. 31, 2013 Consumer - Indirect [Member]	Sep. 30, 2014 Leasing and other and overdrafts [Member]	Dec. 31, 2013 Leasing and other and overdrafts [Member]	Sep. 30, 2013 Leasing and other and overdrafts [Member]	Sep. 30, 2014 Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]	Dec. 31, 2013 Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]	Sep. 30, 2014 Commercial Loans, Commerical Mortgages, Constructions Loans [Member]	Dec. 31, 2013 Commercial Loans, Commerical Mortgages, Constructions Loans [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Real-estate - home equity [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Real-estate - home equity [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Real-estate - residential mortgage [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Real-estate - residential mortgage [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Construction other [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Construction other [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Consumer [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Consumer [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Consumer - direct [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Consumer - direct [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Consumer - Indirect [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Consumer - Indirect [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Leasing and other and overdrafts [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Leasing and other and overdrafts [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]	Sep. 30, 2014 Performing Financing Receivable [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]	Dec. 31, 2013 Performing Financing Receivable [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]	Sep. 30, 2014 Delinquent [Member] Real-estate - home equity [Member]		Dec. 31, 2013 Delinquent [Member] Real-estate - home equity [Member]		Sep. 30, 2014 Delinquent [Member] Real-estate - residential mortgage [Member]		Dec. 31, 2013 Delinquent [Member] Real-estate - residential mortgage [Member]		Sep. 30, 2014 Delinquent [Member] Construction other [Member]		Dec. 31, 2013 Delinquent [Member] Construction other [Member]		Sep. 30, 2014 Delinquent [Member] Consumer [Member]		Dec. 31, 2013 Delinquent [Member] Consumer [Member]		Sep. 30, 2014 Delinquent [Member] Consumer - direct [Member]		Dec. 31, 2013 Delinquent [Member] Consumer - direct [Member]		Sep. 30, 2014 Delinquent [Member] Consumer - Indirect [Member]		Dec. 31, 2013 Delinquent [Member] Consumer - Indirect [Member]		Sep. 30, 2014 Delinquent [Member] Leasing and other and overdrafts [Member]		Dec. 31, 2013 Delinquent [Member] Leasing and other and overdrafts [Member]		Sep. 30, 2014 Delinquent [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]		Dec. 31, 2013 Delinquent [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]		Sep. 30, 2014 Delinquent [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]		Dec. 31, 2013 Delinquent [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member]	Sep. 30, 2014 Nonperforming Financing Receivable [Member] Real-estate - home equity [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Real-estate - home equity [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Real-estate - residential mortgage [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Real-estate - residential mortgage [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Construction other [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Construction other [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Consumer [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Consumer [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Consumer - direct [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Consumer - direct [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Consumer - Indirect [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Consumer - Indirect [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Leasing and other and overdrafts [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Leasing and other and overdrafts [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]		Sep. 30, 2014 Nonperforming Financing Receivable [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]		Dec. 31, 2013 Nonperforming Financing Receivable [Member] Commercial Loans, Commerical Mortgages, Constructions Loans [Member]		Sep. 30, 2014 Minimum [Member] Delinquent [Member]	Sep. 30, 2014 Maximum [Member] Delinquent [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	$ 13,030,405	$ 12,782,220	$ 12,780,899	$ 1,733,036	$ 1,764,197	$ 1,773,554	$ 1,372,033	$ 1,337,380	$ 1,327,469	$ 69,103	$ 68,806	$ 278,219	$ 283,124	$ 296,142	$ 120,833	$ 132,643	$ 157,386	$ 150,481	$ 111,148	$ 93,505	$ 97,749	$ 3,563,539	$ 3,547,012	$ 9,466,866	$ 9,235,208	$ 1,707,659	$ 1,731,185	$ 1,319,002	$ 1,282,754	$ 68,822	$ 68,258	$ 270,476	$ 273,683	$ 115,449	$ 126,666	$ 155,027	$ 147,017	$ 110,491	$ 92,876	$ 3,476,450	$ 3,448,756			$ 10,306	[1]	$ 16,029	[1]	$ 24,896	[1]	$ 23,279	[1]	$ 0	[1]	$ 0	[1]	$ 5,228	[1]	$ 6,898	[1]	$ 3,025	[1]	$ 3,586	[1]	$ 2,203	[1]	$ 3,312	[1]	$ 269	[1]	$ 581	[1]	$ 40,699	[1]	$ 46,787	[1]						$ 15,071	[2]	$ 16,983	[2]	$ 28,135	[2]	$ 31,347	[2]	$ 281	[2]	$ 548	[2]	$ 2,515	[2]	$ 2,543	[2]	$ 2,359	[2]	$ 2,391	[2]	$ 156	[2]	$ 152	[2]	$ 388	[2]	$ 48	[2]	$ 46,390	[2]	$ 51,469	[2]
Loans And Leases Receivable Percentage Of Loans Within Delinquecy Category By Total Non Risk Rated Loans																								100.00%	100.00%																	97.60%	97.20%																																	1.20%	[1]	1.30%	[1]																																		1.30%	[2]	1.50%	[2]
Days past due																																																																																90																																					31	89

[1] )Includes all accruing loans 31 days to 89 days past due

[2] Includes all accruing loans 90 days or more past due and all non-accrual loans.

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Investment Securities Summary of Cumulative Other-than-Temporary Impairment Charges Recognized as Components of Earnings (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Balance of cumulative credit losses on debt securities, beginning of period	$ (17,214)	$ (20,607)	$ (20,691)	$ (23,079)
Additions for credit losses recorded which were not previously recognized as components of earnings	(18)	(97)	(18)	(97)
Reductions for securities sold during the period	0	0	3,472	2,468
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	0	0	5	4
Balance of cumulative credit losses on debt securities, end of period	$ (17,232)	$ (20,704)	$ (17,232)	$ (20,704)

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Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Compensation Expense and Related Tax Benefits

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Stock-based compensation expense	$	1,288		$	979		$	4,310		$	4,186
Tax benefit	(358		)	(272		)	(1,067		)	(1,183		)
Stock-based compensation expense, net of tax	$	930		$	707		$	3,243		$	3,003

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Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

The net periodic benefit cost for the Corporation’s Pension Plan, as determined by a third-party actuary, consisted of the following components:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	92		$	51		$	276		$	153
Interest cost	853			772			2,559			2,316
Expected return on plan assets	(811		)	(800		)	(2,432		)	(2,400		)
Net amortization and deferral	244			596			732			1,788
Net periodic benefit cost	$	378		$	619		$	1,135		$	1,857

(1) The Pension Plan service cost recorded for the three and nine months ended September 30, 2014 and 2013, respectively, was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The net periodic benefit (income) cost of the Corporation’s Postretirement Plan as determined by consulting actuaries, consisted of the following components, excluding the impact of the $1.5 million plan amendment gain:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	—		$	57		$	15		$	171
Interest cost	48			81			157			243
Net accretion and deferral	(84		)	(91		)	(263		)	(273		)
Net periodic benefit (income) cost	$	(36	)	$	47		$	(91	)	$	141

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014. Service costs recorded after the effective date of the amendment represent administrative costs associated with the plan

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 119,945	$ 119,757
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	9,500	38,000
Depreciation and amortization of premises and equipment	18,412	19,165
Net amortization of investment securities premiums	4,399	8,749
Investment securities gains, net	(1,193)	(7,971)
Net (increase) decrease in loans held for sale	(3,861)	28,626
Amortization of intangible assets	944	1,603
Stock-based compensation	4,310	4,186
Excess tax benefits from stock-based compensation	(54)	(237)
Decrease in accrued interest receivable	493	1,071
(Increase) decrease in other assets	(1,909)	37,129
Increase (decrease) in accrued interest payable	2,207	(2,673)
Decrease in other liabilities	(5,315)	(24,207)
Total adjustments	27,933	103,441
Net cash provided by operating activities	147,878	223,198
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale	15,219	268,259
Proceeds from maturities of securities held to maturity	0	86
Proceeds from maturities of securities available for sale	273,688	526,393
Purchase of securities available for sale	(164,676)	(691,362)
Increase in short-term investments	(129,418)	(63,965)
Net increase in loans	(271,494)	(684,529)
Net purchases of premises and equipment	(16,832)	(18,741)
Net cash used in investing activities	(293,513)	(663,859)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand and savings deposits	768,979	595,722
Net increase (decrease) in time deposits	73,462	(358,764)
(Decrease) increase in short-term borrowings	(693,677)	330,178
Additions to long-term debt	140,000	0
Repayments of long-term debt	(5,295)	(5,131)
Net proceeds from issuance of common stock	5,411	7,122
Excess tax benefits from stock-based compensation	54	237
Dividends paid	(45,638)	(31,138)
Acquisition of treasury stock	(95,255)	(90,927)
Net cash provided by financing activities	148,041	447,299
Net Increase in Cash and Due From Banks	2,406	6,638
Cash and Due From Banks at Beginning of Period	218,540	256,300
Cash and Due From Banks at End of Period	220,946	262,938
Cash paid during the period for:
Interest	57,448	65,663
Income taxes	$ 16,632	$ 29,964

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Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Values of Derivative Financial Instruments

The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	September 30, 2014					December 31, 2013
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	92,136	$	1,324		$	75,217	$	867
Negative fair values	937		(16		)	11,393		(59		)
Net interest rate locks with customers			1,308					808
Forward Commitments
Positive fair values	6,165		23			87,904		1,263
Negative fair values	98,323		(392		)	2,373		(5		)
Net forward commitments			(369		)			1,258
Interest Rate Swaps with Customers
Positive fair values	360,442		10,027			111,899		2,105
Negative fair values	54,308		(615		)	105,673		(2,993		)
Net interest rate swaps with customers			9,412					(888		)
Interest Rate Swaps with Dealer Counterparties
Positive fair values	54,308		615			105,673		2,993
Negative fair values	360,442		(10,027		)	111,899		(2,105		)
Net interest rate swaps with dealer counterparties			(9,412		)			888
Foreign Exchange Contracts with Customers
Positive fair values	17,434		959			2,150		24
Negative fair values	6,273		(424		)	12,775		(343		)
Net foreign exchange contracts with customers			535					(319		)
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	6,554		428			17,348		498
Negative fair values	16,988		(871		)	5,872		(48		)
Net foreign exchange contracts with correspondent banks			(443		)			450
Net derivative fair value asset			$	1,031				$	2,197

Summary of Fair Value Gains and Losses on Derivative Financial Instruments

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Interest rate locks with customers	$	(1,092	)	$	4,717		$	500		$	(3,707	)
Forward commitments	1,374			(12,244		)	(1,627		)	(1,969		)
Interest rate swaps with customers	(40		)	1,009			10,300			(5,270		)
Interest rate swaps with dealer counterparties	40			(1,009		)	(10,300		)	5,270
Foreign exchange contracts with customers	557			(344		)	854			(175		)
Foreign exchange contracts with correspondent banks	(527		)	(50		)	(893		)	910
Net fair value gains (losses) on derivative financial instruments	$	312		$	(7,921	)	$	(1,166	)	$	(4,941	)

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Accumulated Other Comprehensive Income Components of Other Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	$ (9,161)	$ (32,466)	$ (37,341)	$ 5,675
Other comprehensive income (loss) before reclassifications	(2,873)	(7,057)	26,706	(42,452)
Amounts reclassified from accumulated other comprehensive income (loss)	86	(1,348)	(1,313)	(4,094)
Ending Balance	(11,948)	(40,871)	(11,948)	(40,871)
Unrealized Gains on Investment Securities Not Other-Than-Temporarily Impaired [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(580)	(12,941)	(27,510)	26,361
Other comprehensive income (loss) before reclassifications	(3,011)	(6,951)	23,912	(43,784)
Amounts reclassified from accumulated other comprehensive income (loss)	(63)	(1,774)	(56)	(4,243)
Ending Balance	(3,654)	(21,666)	(3,654)	(21,666)
Unrealized Non-Credit Losses on Other-Than-Temporarily Impaired Debt Securities [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	1,434	1,050	1,652	613
Other comprehensive income (loss) before reclassifications	138	(106)	650	1,332
Amounts reclassified from accumulated other comprehensive income (loss)	11	63	(719)	(938)
Ending Balance	1,583	1,007	1,583	1,007
Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(2,614)	(2,750)	(2,682)	(2,818)
Amounts reclassified from accumulated other comprehensive income (loss)	34	34	102	102
Ending Balance	(2,580)	(2,716)	(2,580)	(2,716)
Unrecognized Pension and Postretirement Plan Income (Costs) [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(7,401)	(17,825)	(8,801)	(18,481)
Other comprehensive income (loss) before reclassifications			2,144
Amounts reclassified from accumulated other comprehensive income (loss)	104	329	(640)	985
Ending Balance	$ (7,297)	$ (17,496)	$ (7,297)	$ (17,496)

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Loans and Allowance for Credit Losses Total Impaired Loans by Class Segments (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	$ 68,363	$ 75,120
Unpaid principal balance, with related allowance	181,198	189,713
Unpaid Principal Balance	249,561	264,833
Recorded investment, with no related allowance	55,644	61,893
Recorded investment, with related allowance	137,788	139,971
Recorded Investment	193,432	201,864
Related Allowance	64,480	63,198
Real-estate commercial mortage [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	26,102	28,892
Unpaid principal balance, with related allowance	47,938	43,282
Recorded investment, with no related allowance	23,280	24,494
Recorded investment, with related allowance	38,436	35,830
Related Allowance	16,223	14,444
Commercial - Secured [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	19,100	23,890
Unpaid principal balance, with related allowance	29,939	34,267
Recorded investment, with no related allowance	15,283	21,383
Recorded investment, with related allowance	19,990	22,324
Related Allowance	11,336	13,315
Commercial - unsecured [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	974	1,113
Recorded investment, with related allowance	827	1,048
Related Allowance	606	752
Real-estate - home equity [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	0	399
Unpaid principal balance, with related allowance	19,810	20,383
Recorded investment, with no related allowance	0	300
Recorded investment, with related allowance	13,987	14,337
Related Allowance	9,625	9,059
Real-estate - residential mortgage [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	1,075	0
Unpaid principal balance, with related allowance	62,182	63,682
Recorded investment, with no related allowance	1,075	0
Recorded investment, with related allowance	51,625	51,097
Related Allowance	21,502	21,745
Construction - commercial residential [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	20,725	18,943
Unpaid principal balance, with related allowance	18,046	25,769
Recorded investment, with no related allowance	14,761	13,740
Recorded investment, with related allowance	11,990	14,579
Related Allowance	4,769	3,493
Construction - Commercial [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	1,361	2,996
Unpaid principal balance, with related allowance	1,834	485
Recorded investment, with no related allowance	1,245	1,976
Recorded investment, with related allowance	629	195
Related Allowance	260	77
Construction other [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	452	719
Recorded investment, with related allowance	281	548
Related Allowance	138	301
Consumer - direct [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	18	11
Recorded investment, with related allowance	18	11
Related Allowance	16	10
Consumer - Indirect [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	5	2
Recorded investment, with related allowance	5	2
Related Allowance	$ 5	$ 2

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Fair Value Measurements Changes in Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Level 3 Inputs (Details) (Fair Value, Measurements, Recurring [Member], Fair Value, Inputs, Level 3 [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Pooled Trust Preferred Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	$ 4,275		$ 5,391		$ 5,306		$ 6,927
Sales			0		(1,394)		(4,987)
Realized adjustment to fair value	(18)	[1]	(97)	[1]	(18)	[1]	1,604	[1]
Unrealized adjustment to fair value	230	[2]	(103)	[2]	789	[2]	1,771	[2]
Settlements - calls			0		(200)		(124)
(Premium amortization) discount accretion	0	[3]	0	[3]	4	[3]	0	[3]
Balance, end of period	4,487		5,191		4,487		5,191
Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	3,820		3,670		3,781		3,360
Sales			0		0		0
Realized adjustment to fair value	0	[1]	0	[1]	0	[1]	0	[1]
Unrealized adjustment to fair value	47	[2]	108	[2]	83	[2]	412	[2]
Settlements - calls			0		0		0
(Premium amortization) discount accretion	2	[3]	2	[3]	5	[3]	8	[3]
Balance, end of period	3,869		3,780		3,869		3,780
Auction Rate Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	146,931		152,592		159,274		149,339
Sales			(25)		(11,912)		(25)
Realized adjustment to fair value	0	[1]	0	[1]	0	[1]	0	[1]
Unrealized adjustment to fair value	1,280	[2]	1,983	[2]	1,528	[2]	7,171	[2]
Settlements - calls			(317)		(1,081)		(2,725)
(Premium amortization) discount accretion	262	[3]	277	[3]	664	[3]	750	[3]
Balance, end of period	$ 148,473		$ 154,510		$ 148,473		$ 154,510

[1] Realized adjustments to fair value represent credit related other-than-temporary impairment charges and gains on sales of investment securities, both includedas components of investment securities gains on the consolidated statements of income.

[2] Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

[3] Included as a component of net interest income on the consolidated statements of income.

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
ASSETS
Cash and due from banks	$ 220,946	$ 218,540
Interest-bearing deposits with other banks	291,523	163,988
Federal Reserve Bank and Federal Home Loan Bank stock	86,056	84,173
Loans held for sale	25,212	21,351
Available for sale investment securities	2,470,609	2,568,434
Loans, net of unearned income	13,030,405	12,782,220
Less: Allowance for loan losses	(189,477)	(202,780)
Net Loans	12,840,928	12,579,440
Premises and equipment	224,441	226,021
Accrued interest receivable	43,544	44,037
Goodwill and intangible assets	532,117	533,076
Other assets	502,798	495,574
Total Assets	17,238,174	16,934,634
LIABILITIES
Noninterest-bearing	3,556,810	3,283,172
Interest-bearing	9,776,817	9,208,014
Total Deposits	13,333,627	12,491,186
Short-term borrowings:
Federal funds purchased	6,606	582,436
Other short-term borrowings	558,346	676,193
Total Short-Term Borrowings	564,952	1,258,629
Accrued interest payable	17,425	15,218
Other liabilities	225,875	222,830
Federal Home Loan Bank advances and long-term debt	1,018,289	883,584
Total Liabilities	15,160,168	14,871,447
SHAREHOLDERS’ EQUITY
Common stock, $2.50 par value, 600 million shares authorized, 218.1 million shares issued in 2014 and 217.8 million shares issued in 2013	545,207	544,568
Additional paid-in capital	1,438,343	1,432,974
Retained earnings	538,749	463,843
Accumulated other comprehensive loss	(11,948)	(37,341)
Treasury stock, at cost, 32.9 million shares in 2014 and 25.2 million shares in 2013	(432,345)	(340,857)
Total Shareholders’ Equity	2,078,006	2,063,187
Total Liabilities and Shareholders’ Equity	$ 17,238,174	$ 16,934,634

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Investment Securities Gross Unrealized Losses and Fair Values of Investments by Category and Length of Time in a Continuous Unrealized Loss Position (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 303,161
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(829)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,157,949
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(47,878)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,461,110
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(48,707)
Municipal Bonds [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	7,996
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(37)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	26,484
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(459)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	34,480
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(496)
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	38,900
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(4,020)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	38,900
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(4,020)
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	53,189
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(248)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	652,396
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(27,383)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	705,585
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(27,631)
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	241,707
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(527)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	291,712
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(5,751)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	533,419
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(6,278)
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	148,380
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(10,253)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	148,380
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(10,253)
Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	302,892
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(812)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,157,872
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(47,866)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,460,764
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(48,678)
Equity Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	269
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(17)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	77
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(12)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	346
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (29)

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Consolidated Statements of Shareholders' Equity (USD $) In Thousands, unless otherwise specified	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]
Beginning Balance at Dec. 31, 2012	$ 2,081,656	$ 542,093	$ 1,426,267	$ 363,937	$ 5,675	$ (256,316)
Beginning Balance (in shares) at Dec. 31, 2012		199,225
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	119,757			119,757
Other comprehensive income (loss)	(46,546)				(46,546)
Stock issued, including related tax benefits	7,359	1,959	562			4,838
Stock issued, including related tax benefits (in shares)		1,107
Stock-based compensation awards	4,186		4,186
Acquisition of treasury stock (in shares)		(8,000)
Acquisition of treasury stock	(90,927)					(90,927)
Common stock cash dividends	(46,521)			(46,521)
Ending Balance at Sep. 30, 2013	2,028,964	544,052	1,431,015	437,173	(40,871)	(342,405)
Ending Balance (in shares) at Sep. 30, 2013		192,332
Beginning Balance at Dec. 31, 2013	2,063,187	544,568	1,432,974	463,843	(37,341)	(340,857)
Beginning Balance (in shares) at Dec. 31, 2013		192,652
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	119,945			119,945
Other comprehensive income (loss)	25,393				25,393
Stock issued, including related tax benefits	5,465	639	1,059			3,767
Stock issued, including related tax benefits (in shares)		506
Stock-based compensation awards	4,310		4,310
Acquisition of treasury stock (in shares)		(8,000)
Acquisition of treasury stock	(95,255)					(95,255)
Common stock cash dividends	(45,039)			(45,039)
Ending Balance at Sep. 30, 2014	$ 2,078,006	$ 545,207	$ 1,438,343	$ 538,749	$ (11,948)	$ (432,345)
Ending Balance (in shares) at Sep. 30, 2014		185,158

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Loans and Allowance for Credit Losses Troubled Debt Restructuring Modification (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014 loans	Sep. 30, 2013 loans	Sep. 30, 2014 loans	Sep. 30, 2013 loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	13	25	70	122
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 2,625	$ 10,108	$ 17,200	$ 28,368
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	20	48
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	4,830	7,650
Real-estate commercial mortage [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	1	4	10	13
Financing Receivable, Modifications, Post-Modification Recorded Investment	391	3,774	10,195	8,428
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	1	5
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	35	2,062
Real-estate - residential mortgage [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	3	5	18	44
Financing Receivable, Modifications, Post-Modification Recorded Investment	256	836	2,092	6,861
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	8	20
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	1,147	3,460
Construction - commercial residential [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	2	2	5
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	4,427	1,914	9,542
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	3	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	2,509	608
Real-estate - home equity [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	6	14	26	42
Financing Receivable, Modifications, Post-Modification Recorded Investment	764	1,071	1,627	2,928
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	5	18
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	724	1,419
Commercial - Secured [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	3	0	4	8
Financing Receivable, Modifications, Post-Modification Recorded Investment	1,214	0	1,357	592
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	3	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	415	100
Commercial - unsecured [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	0	0	1
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	0	0	15
Consumer - direct [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	0	6	9
Financing Receivable, Modifications, Post-Modification Recorded Investment	0	0	8	2
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	3
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0	1
Consumer - Indirect [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	0	4	0
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 0	$ 0	$ 7	$ 0

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Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Summary of Outstanding Commitments to Extend Credit and Letters of Credit

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	September 30, 2014		December 31, 2013
	(in thousands)
Commitments to extend credit	$	4,437,607	$	4,379,578
Standby letters of credit	382,526		391,445
Commercial letters of credit	30,067		36,344

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Employee Benefit Plans Summary of Pension Plan and Postretirement Plan Net Periodic Benefit Cost (Details) (USD $)	0 Months Ended	3 Months Ended				9 Months Ended
	Feb. 01, 2014	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Pension Plan [Member]
Define Benefit Plan Disclosure [Line Items]
Service cost		$ 92,000	[1]	$ 51,000	[1]	$ 276,000	[1]	$ 153,000	[1]
Interest cost		853,000		772,000		2,559,000		2,316,000
Expected return on plan assets		(811,000)		(800,000)		(2,432,000)		(2,400,000)
Net amortization and deferral		244,000		596,000		732,000		1,788,000
Net periodic benefit cost		378,000		619,000		1,135,000		1,857,000
Postretirement Plan [Member]
Define Benefit Plan Disclosure [Line Items]
Service cost		0	[2]	57,000	[2]	15,000	[2]	171,000	[2]
Interest cost		48,000		81,000		157,000		243,000
Net accretion and deferral		(84,000)		(91,000)		(263,000)		(273,000)
Net periodic benefit cost		(36,000)		47,000		(91,000)		141,000
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments	1,500,000
Defined Benefit Plan, Curtailments		$ 3,300,000

[1] The Pension Plan service cost recorded for the three and nine months ended September 30, 2014 and 2013, respectively, was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

[2] As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014. Service costs recorded after the effective date of the amendment represent administrative costs associated with the plan.

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Common Stock Repurchase Plans

9 Months Ended

Sep. 30, 2014

Common Stock Share Repurchase Plan [Abstract]

Common Stock Repurchase Plan

Common Stock Repurchase Plans

In October 2013, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through March 2014. During the first quarter of 2014, the Corporation repurchased 4.0 million shares under this repurchase plan at an average cost of $12.45 per share, completing this repurchase program on February 19, 2014.

In May 2014, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation was authorized to repurchase up to 4.0 million shares, or approximately 2.1% of its outstanding shares, through December 31, 2014. During the third quarter of 2014, the Corporation repurchased 4.0 million shares under this repurchase plan at an average cost of $11.36 per share, completing this repurchase program on August 25, 2014.

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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	25,212	$	—	$	25,212
Available for sale investment securities:
Equity securities	45,278		—		—		45,278
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		240		—		240
State and municipal securities	—		257,616		—		257,616
Corporate debt securities	—		93,071		8,356		101,427
Collateralized mortgage obligations	—		955,040		—		955,040
Mortgage-backed securities	—		962,335		—		962,335
Auction rate securities	—		—		148,473		148,473
Total available for sale investments	45,278		2,268,502		156,829		2,470,609
Other assets	17,475		11,988		—		29,463
Total assets	$	62,753	$	2,305,702	$	156,829	$	2,525,284
Other liabilities	$	17,376	$	11,050	$	—	$	28,426

	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	21,351	$	—	$	21,351
Available for sale investment securities:
Equity securities	46,201		—		—		46,201
U.S. Government securities	—		525		—		525
U.S. Government sponsored agency securities	—		726		—		726
State and municipal securities	—		284,849		—		284,849
Corporate debt securities	—		89,662		9,087		98,749
Collateralized mortgage obligations	—		1,032,398		—		1,032,398
Mortgage-backed securities	—		945,712		—		945,712
Auction rate securities	—		—		159,274		159,274
Total available for sale investments	46,201		2,353,872		168,361		2,568,434
Other assets	15,779		7,227		—		23,006
Total assets	$	61,980	$	2,382,450	$	168,361	$	2,612,791
Other liabilities	$	15,648	$	5,161	$	—	$	20,809

Schedule of Changes in Assets and Liabilities Measured at Fair Value on a Recurring Basis using Level 3 Inputs

The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at June 30, 2014	$	4,275		$	3,820	$	146,931
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	230			47		1,280
Discount accretion (3)	—			2		262
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Three months ended September 30, 2013
Balance at June 30, 2013	$	5,391		$	3,670	$	152,592
Sales	—			—		(25		)
Realized adjustment to fair value (1)	(97		)	—		—
Unrealized adjustment to fair value (2)	(103		)	108		1,983
Settlements - calls	—			—		(317		)
Discount accretion (3)	—			2		277
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510
	Nine months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at December 31, 2013	$	5,306		$	3,781	$	159,274
Sales	(1,394		)	—		(11,912		)
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	789			83		1,528
Settlements - calls	(200		)	—		(1,081		)
Discount accretion (3)	4			5		664
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Nine months ended September 30, 2013
Balance at December 31, 2012	$	6,927		$	3,360	$	149,339
Sales	(4,987		)	—		(25		)
Realized adjustment to fair value (1)	1,604			—		—
Unrealized adjustment to fair value (2)	1,771			412		7,171
Settlements - calls	(124		)	—		(2,725		)
Discount accretion (3)	—			8		750
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510

(1) Realized adjustments to fair value represent credit related other-than-temporary impairment charges and gains on sales of investment securities, both included

as components of investment securities gains on the consolidated statements of income.

(2) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(3) Included as a component of net interest income on the consolidated statements of income.

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis

The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	128,952	$	128,952
Other financial assets	—		—		55,867		55,867
Total assets	$	—	$	—	$	184,819	$	184,819

	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	138,666	$	138,666
Other financial assets	—		—		57,504		57,504
Total assets	$	—	$	—	$	196,170	$	196,170

Details of Book Value and Fair Value of Financial Instruments

As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of September 30, 2014 and December 31, 2013. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	September 30, 2014				December 31, 2013
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	220,946	$	220,946	$	218,540	$	218,540
Interest-bearing deposits with other banks	291,523		291,523		163,988		163,988
Federal Reserve Bank and Federal Home Loan Bank stock	86,056		86,056		84,173		84,173
Loans held for sale (1)	25,212		25,212		21,351		21,351
Available for sale investment securities (1)	2,470,609		2,470,609		2,568,434		2,568,434
Loans, net of unearned income (1)	13,030,405		12,909,164		12,782,220		12,688,774
Accrued interest receivable	43,544		43,544		44,037		44,037
Other financial assets (1)	157,664		157,664		146,933		146,933
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,342,243	$	10,342,243	$	9,573,264	$	9,573,264
Time deposits	2,991,384		2,986,545		2,917,922		2,927,374
Short-term borrowings	564,952		564,952		1,258,629		1,258,629
Accrued interest payable	17,425		17,425		15,218		15,218
Other financial liabilities (1)	147,121		147,121		124,440		124,440
Federal Home Loan Bank advances and long-term debt	1,018,289		1,012,741		883,584		875,984

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

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Basis of Presentation Basis of Presentation (Policies)

9 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

New Accounting Pronouncements, Policy

Recent Accounting Standards

In April 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) Update 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASC Update 2014-08 changes the criteria for reporting discontinued operations, including a change in the definition of what constitutes the disposal of a component and additional disclosure requirements. For public business entities ASC Update 2014-08 is effective for disposals that occur within annual periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-08 is not expected to have a material impact on the Corporation's consolidated financial statements.

In May 2014, the FASB issued ASC Update 2014-09, "Revenue from Contracts with Customers." This standards update provides a framework that replaces most existing revenue recognition guidance. The core principle prescribed by this standards update is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASC Update 2014-09 is effective for interim and annual reporting periods beginning after December 15, 2016. Early application is not permitted. For the Corporation, this standards update is effective with its March 31, 2017 quarterly report on Form 10-Q. The Corporation is currently evaluating the impact of the adoption of ASC Update 2014-09 on its consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-11, "Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures." In addition to new disclosure requirements, ASC Update 2014-11 requires that all repurchase-to-maturity transactions be accounted for as secured borrowings rather than as sales of financial assets. Also, all transfers of financial assets executed contemporaneously with a repurchase agreement with the same counterparty must be accounted for separately, the result of which would be the treatment of such transactions as secured borrowings. ASC Update 2014-11 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-11 is not expected to have a material impact on the Corporation’s consolidated financial statements.

In June 2014, the FASB issued ASC Update 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." ASC Update 2014-12 clarifies guidance related to accounting for share-based payment awards with terms that allow an employee to vest in the award regardless of whether the employee is rendering service on the date a performance target is achieved. ASC Update 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASC Update 2014-12 is effective for public business entities’ interim and annual reporting periods beginning after December 15, 2014, with earlier adoption permitted. For the Corporation, this standards update is effective with its March 31, 2015 quarterly report on Form 10-Q. The adoption of ASC Update 2014-12 is not expected to have a material impact on the Corporation’s consolidated financial statements.

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Fair Value Option Summary of Corporation's Mortgage Loans Held for Sale (Details) (USD $) In Thousands, unless otherwise specified			3 Months Ended		9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014 Mortgage Loans Held For Sale [Member]	Sep. 30, 2013 Mortgage Loans Held For Sale [Member]	Sep. 30, 2014 Mortgage Loans Held For Sale [Member]	Sep. 30, 2013 Mortgage Loans Held For Sale [Member]	Sep. 30, 2014 Mortgage Loans Held For Sale [Member] Cost [Member]	Dec. 31, 2013 Mortgage Loans Held For Sale [Member] Cost [Member]	Sep. 30, 2014 Mortgage Loans Held For Sale [Member] Fair Value [Member]	Dec. 31, 2013 Mortgage Loans Held For Sale [Member] Fair Value [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans Held-for-sale, Mortgages	$ 25,212	$ 21,351					$ 24,690	$ 21,172	$ 25,212	$ 21,351
Gain (loss) in fair values of mortgage loans held for sale			$ (472)	$ 2,600	$ 343	$ (784)

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Consolidated Statements of Shareholders' Equity (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]
Cash dividends per share	$ 0.08	$ 0.08	$ 0.24	$ 0.24

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Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Common stock, par value	$ 2.5	$ 2.5
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	218,100,000	217,800,000
Treasury stock, shares	32,900,000	25,200,000

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Derivative Financial Instruments

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivative Financial Instruments

The Corporation manages its exposure to certain interest rate and foreign currency risks through the use of derivatives. None of the Corporation's outstanding derivative contracts are designated as hedges and none are entered into for speculative purposes. Derivative instruments are carried at fair value, with changes in fair values recognized in earnings as components of non-interest income and non-interest expense on the consolidated statements of income.

Derivative contracts create counterparty credit risk with both the Corporation's customers and with institutional derivative counterparties. The Corporation manages credit risk through its credit approval processes, monitoring procedures and obtaining adequate collateral, when the Corporation determines it is appropriate to do so.

Mortgage Banking Derivatives

In connection with its mortgage banking activities, the Corporation enters into commitments to originate certain fixed rate residential mortgage loans for customers, also referred to as interest rate locks. In addition, the Corporation enters into forward commitments for the future sales or purchases of mortgage-backed securities to or from third-party counterparties to hedge the effect of changes in interest rates on the values of both the interest rate locks and mortgage loans held for sale. Forward sales commitments may also be in the form of commitments to sell individual mortgage loans or interest rate locks at a fixed price at a future date. The amount necessary to settle each interest rate lock is based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within mortgage banking income on the consolidated statements of income.

Interest Rate Swaps

The Corporation enters into interest rate swaps with certain qualifying commercial loan customers to meet their interest rate risk management needs. The Corporation simultaneously enters into interest rate swaps with dealer counterparties, with identical notional amounts and terms. The net result of these interest rate swaps is that the customer pays a fixed rate of interest and the Corporation receives a floating rate. These interest rate swaps are derivative financial instruments that are recorded at their fair values within other assets and liabilities on the consolidated balance sheets. Changes in fair value during the period are recorded within other non-interest expense on the consolidated statements of income.

Foreign Exchange Contracts

The Corporation enters into foreign exchange contracts to accommodate the needs of its customers. Foreign exchange contracts are commitments to buy or sell foreign currency on a future date at a contractual price. The Corporation offsets its foreign exchange contract exposure with customers by entering into contracts with third-party correspondent financial institutions to mitigate its exposure to fluctuations in foreign currency exchange rates. The Corporation also holds certain amounts of foreign currency with international correspondent banks. The Corporation's policy limits the total net foreign currency open positions, which includes all outstanding contracts and foreign account balances, to $500,000. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within other service charges and fees on the consolidated statements of income.

The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	September 30, 2014					December 31, 2013
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	92,136	$	1,324		$	75,217	$	867
Negative fair values	937		(16		)	11,393		(59		)
Net interest rate locks with customers			1,308					808
Forward Commitments
Positive fair values	6,165		23			87,904		1,263
Negative fair values	98,323		(392		)	2,373		(5		)
Net forward commitments			(369		)			1,258
Interest Rate Swaps with Customers
Positive fair values	360,442		10,027			111,899		2,105
Negative fair values	54,308		(615		)	105,673		(2,993		)
Net interest rate swaps with customers			9,412					(888		)
Interest Rate Swaps with Dealer Counterparties
Positive fair values	54,308		615			105,673		2,993
Negative fair values	360,442		(10,027		)	111,899		(2,105		)
Net interest rate swaps with dealer counterparties			(9,412		)			888
Foreign Exchange Contracts with Customers
Positive fair values	17,434		959			2,150		24
Negative fair values	6,273		(424		)	12,775		(343		)
Net foreign exchange contracts with customers			535					(319		)
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	6,554		428			17,348		498
Negative fair values	16,988		(871		)	5,872		(48		)
Net foreign exchange contracts with correspondent banks			(443		)			450
Net derivative fair value asset			$	1,031				$	2,197

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Interest rate locks with customers	$	(1,092	)	$	4,717		$	500		$	(3,707	)
Forward commitments	1,374			(12,244		)	(1,627		)	(1,969		)
Interest rate swaps with customers	(40		)	1,009			10,300			(5,270		)
Interest rate swaps with dealer counterparties	40			(1,009		)	(10,300		)	5,270
Foreign exchange contracts with customers	557			(344		)	854			(175		)
Foreign exchange contracts with correspondent banks	(527		)	(50		)	(893		)	910
Net fair value gains (losses) on derivative financial instruments	$	312		$	(7,921	)	$	(1,166	)	$	(4,941	)

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Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 31, 2014
Document and Entity Information
Entity Registrant Name	FULTON FINANCIAL CORP
Entity Central Index Key	0000700564
Trading Symbol	fult
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		185,265,000

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Fair Value Option

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value Option

Fair Value Option

U.S. GAAP permits entities to measure many financial instruments and certain other items at fair value and requires certain disclosures for amounts for which the fair value option is applied. The Corporation has elected to measure mortgage loans held for sale at fair value to more accurately reflect the financial results of its mortgage banking activities in its consolidated financial statements. Derivative financial instruments related to these activities are also recorded at fair value, as noted within Note I, "Derivative Financial Instruments." The Corporation determines fair value for its mortgage loans held for sale based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Changes in fair values during the period are recorded as components of mortgage banking income on the consolidated statements of income. Interest income earned on mortgage loans held for sale is recorded within interest income on the consolidated statements of income.

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	September 30, 2014		December 31, 2013
	(in thousands)
Cost	$	24,690	$	21,172
Fair value	25,212		21,351

During the three months ended September 30, 2014, losses related to changes in fair values of mortgage loans held for sale were $472,000, compared to $343,000 of gains for the nine months ended September 30, 2014. During the three months ended September 30, 2013, gains related to changes in fair values of mortgage loans held for sale were $2.6 million, compared to losses of $784,000 for the nine months ended September 30, 2013.

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Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
INTEREST INCOME
Loans, including fees	$ 133,741	$ 136,150	$ 397,011	$ 405,312
Investment securities:
Taxable	12,278	12,977	37,962	40,890
Tax-exempt	2,219	2,327	6,865	7,151
Dividends	339	337	996	1,091
Loans held for sale	237	382	585	1,261
Other interest income	976	659	3,065	1,527
Total Interest Income	149,790	152,832	446,484	457,232
INTEREST EXPENSE
Deposits	8,998	8,743	25,579	28,642
Short-term borrowings	297	691	1,470	1,900
Long-term debt	11,129	10,865	32,606	32,448
Total Interest Expense	20,424	20,299	59,655	62,990
Net Interest Income	129,366	132,533	386,829	394,242
Provision for credit losses	3,500	9,500	9,500	38,000
Net Interest Income After Provision for Credit Losses	125,866	123,033	377,329	356,242
NON-INTEREST INCOME
Service charges on deposit accounts	12,801	13,938	37,064	42,700
Investment management and trust services	11,120	10,420	33,417	31,117
Other service charges and fees	9,954	9,518	29,407	27,536
Mortgage banking income	4,038	7,123	13,384	26,293
Other	3,906	3,725	10,813	11,315
Other-than-temporary impairment losses	84	125	122	146
Less: Portion of gain recognized in other comprehensive income (loss) (before taxes)	66	28	92	22
Net other-than-temporary impairment losses	(18)	(97)	(30)	(124)
Net gains on sales of investment securities	99	2,730	1,223	8,095
Investment securities gains, net	81	2,633	1,193	7,971
Total Non-Interest Income	41,900	47,357	125,278	146,932
NON-INTEREST EXPENSE
Salaries and employee benefits	62,434	63,344	185,623	188,046
Net occupancy expense	11,582	11,519	36,649	34,810
Other outside services	8,632	5,048	19,684	13,223
Data processing	4,689	4,757	12,816	13,169
Software	3,353	3,268	9,487	9,110
Equipment expense	3,307	3,646	10,269	11,447
Professional fees	3,252	3,329	9,715	9,771
FDIC insurance expense	2,882	2,918	8,186	8,766
Marketing	1,798	2,251	5,719	6,045
Other real estate owned and repossession expense	1,303	1,453	3,034	6,248
Operating risk loss	1,242	3,297	3,786	6,923
Intangible amortization	314	534	944	1,603
Other	11,010	11,241	35,614	35,510
Total Non-Interest Expense	115,798	116,605	341,526	344,671
Income Before Income Taxes	51,968	53,785	161,081	158,503
Income taxes	13,402	13,837	41,136	38,746
Net Income	$ 38,566	$ 39,948	$ 119,945	$ 119,757
PER SHARE:
Net Income (Basic) (in dollars per share)	$ 0.21	$ 0.21	$ 0.64	$ 0.62
Net Income (Diluted) (in dollars per share)	$ 0.21	$ 0.21	$ 0.64	$ 0.61
Cash Dividends (in dollars per share)	$ 0.08	$ 0.08	$ 0.24	$ 0.24

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Investment Securities

9 Months Ended

Sep. 30, 2014

Investments, Debt and Equity Securities [Abstract]

Investment Securities

Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
September 30, 2014
Equity securities	$	34,380	$	10,927	$	(29	)	$	45,278
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	235		5		—			240
State and municipal securities	250,195		7,917		(496		)	257,616
Corporate debt securities	99,670		5,777		(4,020		)	101,427
Collateralized mortgage obligations	975,971		6,700		(27,631		)	955,040
Mortgage-backed securities	954,412		14,201		(6,278		)	962,335
Auction rate securities	158,725		1		(10,253		)	148,473
	$	2,473,788	$	45,528	$	(48,707	)	$	2,470,609

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2013
Equity securities	$	33,922	$	12,355	$	(76	)	$	46,201
U.S. Government securities	525		—		—			525
U.S. Government sponsored agency securities	720		7		(1		)	726
State and municipal securities	281,810		6,483		(3,444		)	284,849
Corporate debt securities	100,468		5,685		(7,404		)	98,749
Collateralized mortgage obligations	1,069,138		8,036		(44,776		)	1,032,398
Mortgage-backed securities	949,328		13,881		(17,497		)	945,712
Auction rate securities	172,299		234		(13,259		)	159,274
	$	2,608,210	$	46,681	$	(86,457	)	$	2,568,434

Securities carried at $1.8 billion as of September 30, 2014 and $1.7 billion as of December 31, 2013 were pledged as collateral to secure public and trust deposits and customer repurchase agreements.

Equity securities include common stocks of financial institutions (estimated fair value of $39.3 million at September 30, 2014 and $40.6 million at December 31, 2013) and other equity investments (estimated fair value of $6.0 million at September 30, 2014 and $5.6 million at December 31, 2013).

As of September 30, 2014, the financial institutions stock portfolio had a cost basis of $28.6 million and an estimated fair value of $39.3 million, including an investment in a single financial institution with a cost basis of $20.0 million and an estimated fair value of $27.5 million. The estimated fair value of this investment accounted for 70.0% of the fair value of the Corporation's investments in the common stocks of publicly traded financial institutions. No other investment within the financial institutions stock portfolio exceeded 5% of the portfolio's estimated fair value.

The amortized cost and estimated fair values of debt securities as of September 30, 2014, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	13,218	$	13,284
Due from one year to five years		75,307		78,967
Due from five years to ten years		187,966		193,537
Due after ten years		232,534		222,168
		509,025		507,956
Collateralized mortgage obligations		975,971		955,040
Mortgage-backed securities		954,412		962,335
		$	2,439,408	$	2,425,331

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended September 30, 2014	(in thousands)
Equity securities	$	99	$	—		$	—		$	99
Debt securities	—		—			(18		)	(18		)
Total	$	99	$	—		$	(18	)	$	81
Three months ended September 30, 2013
Equity securities	$	2,135	$	—		$	—		$	2,135
Debt securities	617		(22		)	(97		)	498
Total	$	2,752	$	(22	)	$	(97	)	$	2,633
Nine months ended September 30, 2014
Equity securities	$	100	$	—		$	(12	)	$	88
Debt securities	1,446		(323		)	(18		)	1,105
Total	$	1,546	$	(323	)	$	(30	)	$	1,193
Nine months ended September 30, 2013
Equity securities	$	4,357	$	(28	)	$	(27	)	$	4,302
Debt securities	3,788		(22		)	(97		)	3,669
Total	$	8,145	$	(50	)	$	(124	)	$	7,971

The other-than-temporary impairment charges for equity securities during the three and nine months ended September 30, 2014 and 2013 were for investments in common stocks of financial institutions and were due to the severity and duration of the declines in the fair values of certain financial institution stocks, in conjunction with management's assessment of the near-term prospects of each specific financial institution.

The credit related other-than-temporary impairment charges for debt securities during the three and nine months ended September 30, 2014 and 2013 were for investments in pooled trust preferred securities issued by financial institutions. The credit related other-than-temporary impairment charges for the pooled trust preferred securities were determined based on an expected cash flows model.

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(17,214	)	$	(20,607	)	$	(20,691	)	$	(23,079	)
Additions for credit losses recorded which were not previously recognized as components of earnings	(18		)	(97		)	(18		)	(97		)
Reductions for securities sold during the period	—			—			3,472			2,468
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			—			5			4
Balance of cumulative credit losses on debt securities, end of period	$	(17,232	)	$	(20,704	)	$	(17,232	)	$	(20,704	)

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2014:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
State and municipal securities	$	7,996	$	(37	)	$	26,484	$	(459	)	$	34,480	$	(496	)
Corporate debt securities	—		—			38,900		(4,020		)	38,900		(4,020		)
Collateralized mortgage obligations	53,189		(248		)	652,396		(27,383		)	705,585		(27,631		)
Mortgage-backed securities	241,707		(527		)	291,712		(5,751		)	533,419		(6,278		)
Auction rate securities	—		—			148,380		(10,253		)	148,380		(10,253		)
Total debt securities	302,892		(812		)	1,157,872		(47,866		)	1,460,764		(48,678		)
Equity securities	269		(17		)	77		(12		)	346		(29		)
	$	303,161	$	(829	)	$	1,157,949	$	(47,878	)	$	1,461,110	$	(48,707	)

The Corporation’s collateralized mortgage obligations and mortgage-backed securities have contractual terms that generally do not permit the issuer to settle the securities at a price less than the amortized cost of the investment. Because the decline in market value of these securities is attributable to changes in interest rates and not credit quality, and because the Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, the Corporation does not consider these investments to be other-than-temporarily impaired as of September 30, 2014.

The unrealized holding losses on auction rate securities, or auction rate certificates (ARCs), are attributable to liquidity issues resulting from the failure of periodic auctions. The Corporation had previously purchased ARCs for investment management and trust customers as short-term investments with fair values that could be derived based on periodic auctions under normal market conditions. During 2008 and 2009, the Corporation purchased ARCs from these customers due to the failure of these periodic auctions, which made these previously short-term investments illiquid.

As of September 30, 2014, approximately $144 million, or 97%, of the ARCs were rated above investment grade, with approximately $6 million, or 4%, AAA rated and $104 million, or 72%, AA rated. Approximately $4 million, or 3%, of ARCs were either not rated or rated below investment grade by at least one ratings agency. Of this amount, approximately $3 million of the student loans underlying these ARCs have principal payments which are guaranteed by the federal government. In total, approximately $147 million, or 99%, of the student loans underlying the ARCs have principal payments that are guaranteed by the federal government.

During the nine months ended September 30, 2014, the Corporation sold ARCs with a total book value of $11.9 million, with no gain or loss upon sale. As of September 30, 2014, all ARCs were current and making scheduled interest payments. Based on management’s evaluations, ARCs with a fair value of $148.5 million were not subject to any other-than-temporary impairment charges as of September 30, 2014. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

For its investments in equity securities, particularly its investments in stocks of financial institutions, management evaluates the near-term prospects of the issuers in relation to the severity and duration of the impairment. Based on that evaluation and the Corporation’s ability and intent to hold those investments for a reasonable period of time sufficient for a recovery of fair value, the Corporation does not consider those investments with unrealized holding losses as of September 30, 2014 to be other-than-temporarily impaired.

The majority of the Corporation's available for sale corporate debt securities are issued by financial institutions. The following table presents the amortized cost and estimated fair value of corporate debt securities:

	September 30, 2014				December 31, 2013
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,546	$	44,075	$	47,481	$	40,531
Subordinated debt	47,498		50,289		47,405		50,327
Pooled trust preferred securities	2,050		4,487		2,997		5,306
Corporate debt securities issued by financial institutions	97,094		98,851		97,883		96,164
Other corporate debt securities	2,576		2,576		2,585		2,585
Available for sale corporate debt securities	$	99,670	$	101,427	$	100,468	$	98,749

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $3.5 million at September 30, 2014.The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the three or nine months ended September 30, 2014 or 2013.Six of the Corporation's 20 single-issuer trust preferred securities were rated below investment grade by at least one ratings agency, with an amortized cost of $13.5 million and an estimated fair value of $12.3 million at September 30, 2014. All of the single-issuer trust preferred securities rated below investment grade were rated BB or Ba.Three single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.9 million at September 30, 2014 were not rated by any ratings agency.

During the nine months ended September 30, 2014, the Corporation sold two pooled trust preferred securities with a total amortized cost of $728,000, for a gain of $1.1 million. As of September 30, 2014, all six of the Corporation's pooled trust preferred securities, with an amortized cost of $2.1 million and an estimated fair value of $4.5 million, were rated below investment grade by at least one ratings agency, with ratings ranging from C to Ca. The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pool. The Corporation determines the fair value of pooled trust preferred securities based on quotes provided by third-party brokers.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model is the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing assets ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

Based on management’s evaluations, corporate debt securities with a fair value of $101.4 million were not subject to any additional other-than-temporary impairment charges as of September 30, 2014. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

As mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), in December 2013, five regulatory bodies issued final rulings (Final Rules) implementing certain prohibitions and restrictions on the ability of a banking entity and non-bank financial company supervised by the Federal Reserve Board to engage in proprietary trading and have certain ownership interests in, or relationships with, a "covered fund" (the so-called "Volcker Rule"). The Final Rules generally treat as a covered fund any entity that would be an investment company under the Investment Company Act of 1940 (1940 Act) but for the application of the exemptions from SEC registration set forth in Section 3(c)(1) (fewer than 100 beneficial owners) or Section 3(c)(7) (qualified purchasers) of the 1940 Act. The Final Rules also require regulated entities to establish an internal compliance program that is consistent with the extent to which it engages in activities covered by the Volcker Rule, which must include making regular reports about those activities to regulators. Although the Final Rules provide some tiering of compliance and reporting obligations based on size, the fundamental prohibitions of the Volcker Rule apply to banking entities of any size, including the Corporation. Banking entities have until July 21, 2015 to conform their activities and investments to the requirements of the Final Rules. The Corporation does not engage in proprietary trading or in any other activities prohibited by the Final Rules. Based on the Corporation's evaluation of its investments, none fall within the definition of a "covered fund" and would need to be disposed of by July 21, 2015. Therefore, it does not currently expect that the Final Rules will have a material effect on its business, financial condition or results of operations.

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Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss)

The following table presents changes in other comprehensive income (loss):

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended September 30, 2014
Unrealized gain (loss) on securities	$	(4,629	)	$	1,618		$	(3,011	)
Reclassification adjustment for securities gains included in net income (1)	(81		)	29			(52		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	212			(74		)	138
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income (Loss)	$	(4,286	)	$	1,499		$	(2,787	)
Three months ended September 30, 2013
Unrealized gain (loss) on securities	$	(10,691	)	$	3,740		$	(6,951	)
Reclassification adjustment for securities gains included in net income (1)	(2,633		)	922			(1,711		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	(163		)	57			(106		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	505			(176		)	329
Total Other Comprehensive Income (Loss)	$	(12,930	)	$	4,525		$	(8,405	)
Nine months ended September 30, 2014
Unrealized gain (loss) on securities	$	36,790		$	(12,878	)	$	23,912
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Reclassification adjustment for securities gains included in net income (1)	(1,193		)	418			(775		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	1,000			(350		)	650
Unrealized gain on derivative financial instruments	157			(55		)	102
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	469			(165		)	304
Total Other Comprehensive Income (Loss)	$	39,062		$	(13,669	)	$	25,393
Nine months ended September 30, 2013
Unrealized gain (loss) on securities	$	(67,357	)	$	23,573		$	(43,784	)
Reclassification adjustment for securities gains included in net income (1)	(7,971		)	2,790			(5,181		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	2,049			(717		)	1,332
Unrealized gain on derivative financial instruments	157			(55		)	102
Amortization of net unrecognized pension and postretirement items (2)	1,515			(530		)	985
Total Other Comprehensive Income (Loss)	$	(71,607	)	$	25,061		$	(46,546	)

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note D, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note H, "Employee Benefit Plans," for additional details.

The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Other comprehensive income (loss) before reclassifications	(3,011		)	138			—			—			(2,873		)
Amounts reclassified from accumulated other comprehensive income (loss)	(63		)	11			34			104			86
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Three months ended September 30, 2013
Balance at June 30, 2013	$	(12,941	)	$	1,050		$	(2,750	)	$	(17,825	)	$	(32,466	)
Other comprehensive income (loss) before reclassifications	(6,951		)	(106		)	—			—			(7,057		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,774		)	63			34			329			(1,348		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)
Nine months ended September 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income (loss) before reclassifications	23,912			650			—			2,144			26,706
Amounts reclassified from accumulated other comprehensive income (loss)	(56		)	(719		)	102			(640		)	(1,313		)
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Nine months ended September 30, 2013
Balance at December 31, 2012	$	26,361		$	613		$	(2,818	)	$	(18,481	)	$	5,675
Other comprehensive income (loss) before reclassifications	(43,784		)	1,332			—			—			(42,452		)
Amounts reclassified from accumulated other comprehensive income (loss)	(4,243		)	(938		)	102			985			(4,094		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)

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Subsequent Event (Notes)

9 Months Ended

Sep. 30, 2014

Subsequent Events [Abstract]

Subsequent Event

Subsequent Event

Dividend Declaration

On November 5, 2014, the Corporation announced that its Board of Directors declared a special cash dividend of $0.02 per share on its common stock, which will be paid on December 15, 2014 to shareholders of record as of December 1, 2014.

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Balance Sheet Offsetting

9 Months Ended

Sep. 30, 2014

Offsetting [Abstract]

Balance Sheet Offsetting

Balance Sheet Offsetting

Certain financial assets and liabilities may be eligible for offset on the consolidated balance sheets as they are subject to master netting arrangements or similar agreements. The Corporation elects to not offset assets and liabilities subject to such arrangements on the consolidated financial statements.

The Corporation is a party to interest rate swap transactions with financial institution counterparties and customers, disclosed in detail within Note I, "Derivative Financial Instruments." Under these agreements, the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. Cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default.

Beginning in the first quarter of 2014, the Corporation is also a party to foreign currency exchange contracts with financial institution counterparties, under which the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. As with interest rate swap contracts, cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default. For additional details, see Note I, "Derivative Financial Instruments."

The Corporation also enters into agreements with customers in which it sells securities subject to an obligation to repurchase the same or similar securities, referred to as repurchase agreements. Under these agreements, the Corporation may transfer legal control over the assets but still maintain effective control through agreements that both entitle and obligate the Corporation to repurchase the assets. Therefore, repurchase agreements are reported as secured borrowings, classified within short-term borrowings on the consolidated balance sheets, while the securities underlying the repurchase agreements remain classified with investment securities on the consolidated balance sheets. The Corporation has no intention of setting off these amounts, therefore, these repurchase agreements are not eligible for offset.

The following table presents the Corporation's financial instruments that are eligible for offset, and the effects of offsetting, on the consolidated balance sheets:

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
September 30, 2014
Interest rate swap derivative assets	$	10,642	$	(636	)	$	—		$	10,006
Foreign exchange derivative assets with correspondent banks	428		(428		)	—			—
Total	$	11,070	$	(1,064	)	$	—		$	10,006
Interest rate swap derivative liabilities	$	10,642	$	(636	)	$	(9,480	)	$	526
Foreign exchange derivative liabilities with correspondent banks	871		(428		)	(310		)	133
Total	$	11,513	$	(1,064	)	$	(9,790	)	$	659
December 31, 2013
Interest rate swap derivative assets	$	5,098	$	(2,104	)	$	—		$	2,994
Interest rate swap derivative liabilities	$	5,098	$	(2,104	)	$	(730	)	$	2,264

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

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Stock-Based Compensation

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The fair value of equity awards granted to employees is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards. The Corporation grants equity awards to employees, consisting of stock options, restricted stock, RSUs and PSUs under its Amended and Restated Equity and Cash Incentive Compensation Plan (Employee Option Plan). In addition, employees may purchase stock under the Corporation’s Employee Stock Purchase Plan.

The Corporation also grants stock equity awards to non-employee members of the board of directors under its 2011 Directors’ Equity Participation Plan (Directors’ Plan). Under the Directors’ Plan, the Corporation can grant equity awards to non-employee holding company and subsidiary bank directors in the form of stock options, restricted stock or common stock.

Equity awards issued under the Employee Option Plan are generally granted annually and become fully vested over or after a three year vesting period. Equity awards under the Directors' Plan generally vest immediately upon grant. Certain events, as defined in the Employee Option Plan and the Directors' Plan, result in the acceleration of the vesting of equity awards.

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Stock-based compensation expense	$	1,288		$	979		$	4,310		$	4,186
Tax benefit	(358		)	(272		)	(1,067		)	(1,183		)
Stock-based compensation expense, net of tax	$	930		$	707		$	3,243		$	3,003

Stock option fair values are estimated through the use of the Black-Scholes valuation methodology as of the date of grant. Stock options carry terms of up to ten years. The fair value of restricted stock is based on the trading price of the Corporation’s stock on the date of grant. Restricted stock awards earn dividends during the vesting period, which are forfeitable if the awards do not vest.

During the three and nine months ended September 30,2014, the Corporation granted approximately 389,000 PSUs, 289,000 stock options and 105,000 RSUs under its Employee Option Plan. The fair value of RSUs and a majority of PSUs are based on the trading price of the Corporation's stock on the date of grant. The fair value of certain PSUs are estimated through the use of the Monte Carlo valuation methodology as of the date of grant. RSUs become fully vested over or after a three year vesting period, however, certain events, as defined in the Employee Option Plan, can result in the acceleration of the vesting of RSUs. RSUs and PSUs earn dividends during the vesting period, which are forfeitable if the awards do not vest. The fair value of PSUs, which is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards, may vary, based on the expectations for actual performance relative to defined performance measures. As of September 30, 2014, the Employee Option Plan had 11.2 million shares reserved for future grants through 2023. During the nine months ended September 30,2014, the Corporation granted approximately 13,000 shares of stock under its Directors' Plan. As of September 30, 2014, the Directors’ Plan had approximately 424,000 shares reserved for future grants through 2021.

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Loans and Allowance for Credit Losses Past Due Loan Status and Non-Accrual Loans by Portfolio Segment (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	$ 58,007	$ 60,774
60-89 Days Past Due	17,969	16,893
>90 Days Past Due and Accruing	17,428	20,524
Non-accrual	126,420	133,753
Total >90 Days	143,848	154,277
Total Past Due	219,824	231,944
Current	12,810,581	12,550,276
Loans, net of unearned income	13,030,405	12,782,220	12,780,899
Real-estate commercial mortage [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	19,506	15,474
60-89 Days Past Due	5,074	4,009
>90 Days Past Due and Accruing	1,755	3,502
Non-accrual	42,847	40,566
Total >90 Days	44,602	44,068
Total Past Due	69,182	63,551
Current	5,087,797	5,038,371
Loans, net of unearned income	5,156,979	5,101,922	5,063,373
Commercial - industrial, financial, and agricultural [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	9,058	9,248
60-89 Days Past Due	1,424	1,490
>90 Days Past Due and Accruing	2,292	1,311
Non-accrual	30,985	36,710
Total >90 Days	33,277	38,021
Total Past Due	43,759	48,759
Current	3,647,503	3,579,661
Loans, net of unearned income	3,691,262	3,628,420	3,645,270
Commercial - Secured [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	7,530	8,916
60-89 Days Past Due	1,215	1,365
>90 Days Past Due and Accruing	2,292	1,311
Non-accrual	30,231	35,774
Total >90 Days	32,523	37,085
Total Past Due	41,268	47,366
Current	3,469,872	3,356,797
Loans, net of unearned income	3,511,140	3,404,163
Commercial - unsecured [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	1,528	332
60-89 Days Past Due	209	125
>90 Days Past Due and Accruing	0	0
Non-accrual	754	936
Total >90 Days	754	936
Total Past Due	2,491	1,393
Current	177,631	222,864
Loans, net of unearned income	180,122	224,257
Real-estate - construction [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	215	14
60-89 Days Past Due	0	645
>90 Days Past Due and Accruing	205	346
Non-accrual	19,655	20,921
Total >90 Days	19,860	21,267
Total Past Due	20,075	21,926
Current	667,653	551,746
Loans, net of unearned income	687,728	573,672	577,342
Real-estate - home equity [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	8,094	13,555
60-89 Days Past Due	2,212	2,474
>90 Days Past Due and Accruing	3,988	3,711
Non-accrual	11,083	13,272
Total >90 Days	15,071	16,983
Total Past Due	25,377	33,012
Current	1,707,659	1,731,185
Loans, net of unearned income	1,733,036	1,764,197	1,773,554
Real-estate - residential mortgage [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	17,102	16,969
60-89 Days Past Due	7,794	6,310
>90 Days Past Due and Accruing	6,285	9,065
Non-accrual	21,850	22,282
Total >90 Days	28,135	31,347
Total Past Due	53,031	54,626
Current	1,319,002	1,282,754
Loans, net of unearned income	1,372,033	1,337,380	1,327,469
Construction - Commercial Residential [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	215	0
60-89 Days Past Due	0	645
>90 Days Past Due and Accruing	205	346
Non-accrual	17,500	18,202
Total >90 Days	17,705	18,548
Total Past Due	17,920	19,193
Current	223,499	216,176
Loans, net of unearned income	241,419	235,369
Construction - Commercial [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	0	14
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	0	0
Non-accrual	1,874	2,171
Total >90 Days	1,874	2,171
Total Past Due	1,874	2,185
Current	375,332	267,312
Loans, net of unearned income	377,206	269,497
Construction other [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	0	0
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	0	0
Non-accrual	281	548
Total >90 Days	281	548
Total Past Due	281	548
Current	68,822	68,258
Loans, net of unearned income	69,103	68,806
Consumer [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	3,847	4,955
60-89 Days Past Due	1,381	1,943
>90 Days Past Due and Accruing	2,515	2,541
Non-accrual	0	2
Total >90 Days	2,515	2,543
Total Past Due	7,743	9,441
Current	270,476	273,683
Loans, net of unearned income	278,219	283,124	296,142
Consumer - direct [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	2,032	2,091
60-89 Days Past Due	993	1,495
>90 Days Past Due and Accruing	2,359	2,391
Non-accrual	0	0
Total >90 Days	2,359	2,391
Total Past Due	5,384	5,977
Current	115,449	126,666
Loans, net of unearned income	120,833	132,643
Consumer - Indirect [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	1,815	2,864
60-89 Days Past Due	388	448
>90 Days Past Due and Accruing	156	150
Non-accrual	0	2
Total >90 Days	156	152
Total Past Due	2,359	3,464
Current	155,027	147,017
Loans, net of unearned income	157,386	150,481
Leasing and other and overdrafts [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	185	559
60-89 Days Past Due	84	22
>90 Days Past Due and Accruing	388	48
Non-accrual	0	0
Total >90 Days	388	48
Total Past Due	657	629
Current	110,491	92,876
Loans, net of unearned income	$ 111,148	$ 93,505	$ 97,749

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Loans and Allowance for Credit Losses

9 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Loans and Allowance for Credit Losses

Loans, Net of Unearned Income

Loans, net of unearned income are summarized as follows:

	September 30, 2014			December 31, 2013
	(in thousands)
Real-estate - commercial mortgage	$	5,156,979		$	5,101,922
Commercial - industrial, financial and agricultural	3,691,262			3,628,420
Real-estate - home equity	1,733,036			1,764,197
Real-estate - residential mortgage	1,372,033			1,337,380
Real-estate - construction	687,728			573,672
Consumer	278,219			283,124
Leasing and other	120,144			99,256
Overdrafts	2,646			4,045
Loans, gross of unearned income	13,042,047			12,792,016
Unearned income	(11,642		)	(9,796		)
Loans, net of unearned income	$	13,030,405		$	12,782,220

Allowance for Credit Losses

The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries.

The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans evaluated for impairment under the FASB's ASC Section 310-10-35; and (2) allowances calculated for pools of loans measured for impairment under FASB ASC Subtopic 450-20.

The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. For commercial loans, class segments include loans secured by collateral and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect automobile loans.

The following table presents the components of the allowance for credit losses:

	September 30, 2014		December 31, 2013
	(in thousands)
Allowance for loan losses	$	189,477	$	202,780
Reserve for unfunded lending commitments	1,631		2,137
Allowance for credit losses	$	191,108	$	204,917

The following table presents the activity in the allowance for credit losses:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance at beginning of period	$	193,442		$	217,626		$	204,917		$	225,439
Loans charged off	(9,604		)	(18,108		)	(31,348		)	(61,597		)
Recoveries of loans previously charged off	3,770			3,820			8,039			10,996
Net loans charged off	(5,834		)	(14,288		)	(23,309		)	(50,601		)
Provision for credit losses	3,500			9,500			9,500			38,000
Balance at end of period	$	191,108		$	212,838		$	191,108		$	212,838

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Loans charged off	(1,557		)	(5,167		)	(1,492		)	(231		)	(313		)	(538		)	(306		)	—			(9,604		)
Recoveries of loans previously charged off	1,167			1,013			336			95			470			448			241			—			3,770
Net loans charged off	(390		)	(4,154		)	(1,156		)	(136		)	157			(90		)	(65		)	—			(5,834		)
Provision for loan losses (1)	(278		)	6,110			406			397			(312		)	244			180			(3,121		)	3,626
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Three months ended September 30, 2013
Balance at June 30, 2013	$	58,696		$	57,557		$	25,736		$	32,684		$	14,471		$	2,497		$	2,925		$	21,865		$	216,431
Loans charged off	(3,724		)	(9,394		)	(2,365		)	(767		)	(598		)	(473		)	(787		)	—			(18,108		)
Recoveries of loans previously charged off	185			2,295			198			245			379			294			224			—			3,820
Net loans charged off	(3,539		)	(7,099		)	(2,167		)	(522		)	(219		)	(179		)	(563		)	—			(14,288		)
Provision for loan losses (1)	3,470			1,437			4,451			1,595			(1,221		)	610			620			(2,619		)	8,343
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486
Nine months ended September 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(5,084		)	(15,804		)	(4,377		)	(2,166		)	(745		)	(1,738		)	(1,434		)	—			(31,348		)
Recoveries of loans previously charged off	1,641			2,532			869			319			852			1,059			767			—			8,039
Net loans charged off	(3,443		)	(13,272		)	(3,508		)	(1,847		)	107			(679		)	(667		)	—			(23,309		)
Provision for loan losses (1)	(3,042		)	13,982			6,577			1,770			(1,580		)	879			(737		)	(7,843		)	10,006
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Nine months ended September 30, 2013
Balance at December 31, 2012	$	62,928		$	60,205		$	22,776		$	34,536		$	17,287		$	2,367		$	2,752		$	21,052		$	223,903
Loans charged off	(13,050		)	(24,856		)	(6,735		)	(8,282		)	(5,181		)	(1,456		)	(2,037		)	—			(61,597		)
Recoveries of loans previously charged off	2,754			3,430			721			442			1,794			1,206			649			—			10,996
Net loans charged off	(10,296		)	(21,426		)	(6,014		)	(7,840		)	(3,387		)	(250		)	(1,388		)	—			(50,601		)
Provision for loan losses (1)	5,995			13,116			11,258			7,061			(869		)	811			1,618			(1,806		)	37,184
Balance at September 30, 2013	$	58,627		$	51,895		$	28,020		$	33,757		$	13,031		$	2,928		$	2,982		$	19,246		$	210,486

(1) The provision for loan losses excluded a $126,000 and $506,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2014 and excluded a $1.2 million and $816,000 increase, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2013. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $3.5 million and $9.5 million, respectively, for the three and nine months ended September 30, 2014 and $9.5 million and $38.0 million, respectively, for the three and nine months ended September 30, 2013.

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	32,951	$	39,098	$	21,666	$	11,503	$	6,009	$	3,439	$	1,966	$	8,365	$	124,997
Evaluated for impairment under FASB ASC Section 310-10-35	16,223		11,942		9,625		21,502		5,167		21		—		N/A		64,480
	$	49,174	$	51,040	$	31,291	$	33,005	$	11,176	$	3,460	$	1,966	$	8,365	$	189,477
Loans, net of unearned income at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,095,263	$	3,655,162	$	1,719,049	$	1,319,333	$	658,822	$	278,196	$	111,148	N/A		$	12,836,973
Evaluated for impairment under FASB ASC Section 310-10-35	61,716		36,100		13,987		52,700		28,906		23		—		N/A		193,432
	$	5,156,979	$	3,691,262	$	1,733,036	$	1,372,033	$	687,728	$	278,219	$	111,148	N/A		$	13,030,405
Allowance for loan losses at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	43,262	$	38,025	$	18,482	$	11,494	$	8,648	$	2,911	$	2,982	$	19,246	$	145,050
Evaluated for impairment under FASB ASC Section 310-10-35	15,365		13,870		9,538		22,263		4,383		17		—		N/A		65,436
	$	58,627	$	51,895	$	28,020	$	33,757	$	13,031	$	2,928	$	2,982	$	19,246	$	210,486
Loans, net of unearned income at September 30, 2013:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,001,851	$	3,593,038	$	1,758,492	$	1,277,200	$	543,268	$	296,122	$	97,749	N/A		$	12,567,720
Evaluated for impairment under FASB ASC Section 310-10-35	61,522		52,232		15,062		50,269		34,074		20		—		N/A		213,179
	$	5,063,373	$	3,645,270	$	1,773,554	$	1,327,469	$	577,342	$	296,142	$	97,749	N/A		$	12,780,899

(1) The unallocated allowance, which was approximately 4% and 9% of the total allowance for credit losses as of September 30, 2014 and September 30, 2013, respectively, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A – Not applicable.

Impaired Loans

A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings (TDRs). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total outstanding commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total outstanding commitments less than $1.0 million are pooled and measured for impairment collectively. As of September 30, 2014 and December 31, 2013, substantially all of the Corporation’s individually evaluated impaired loans with total outstanding balances greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real property.

As of September 30, 2014 and 2013, approximately 77% and 89%, respectively, of impaired loans with principal balances greater than or equal to $1.0 million, whose primary collateral is real estate, were measured at estimated fair value using state certified third-party appraisals that had been updated within the preceding 12 months.

When updated certified appraisals are not obtained for loans to commercial borrowers evaluated for impairment under FASB ASC Section 310-10-35 that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated a strong loan-to-value position and, in the opinion of the Corporation's internal loan evaluation staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted appropriately for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans, generally less than 70%.

The following table presents total impaired loans by class segment:

	September 30, 2014						December 31, 2013
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	26,102	$	23,280	$	—	$	28,892	$	24,494	$	—
Commercial - secured	19,100		15,283		—		23,890		21,383		—
Real estate - home equity	—		—		—		399		300		—
Real estate - residential mortgage	1,075		1,075		—		—		—		—
Construction - commercial residential	20,725		14,761		—		18,943		13,740		—
Construction - commercial	1,361		1,245		—		2,996		1,976		—
	68,363		55,644				75,120		61,893
With a related allowance recorded:
Real estate - commercial mortgage	47,938		38,436		16,223		43,282		35,830		14,444
Commercial - secured	29,939		19,990		11,336		34,267		22,324		13,315
Commercial - unsecured	974		827		606		1,113		1,048		752
Real estate - home equity	19,810		13,987		9,625		20,383		14,337		9,059
Real estate - residential mortgage	62,182		51,625		21,502		63,682		51,097		21,745
Construction - commercial residential	18,046		11,990		4,769		25,769		14,579		3,493
Construction - commercial	1,834		629		260		485		195		77
Construction - other	452		281		138		719		548		301
Consumer - direct	18		18		16		11		11		10
Consumer - indirect	5		5		5		2		2		2
	181,198		137,788		64,480		189,713		139,971		63,198
Total	$	249,561	$	193,432	$	64,480	$	264,833	$	201,864	$	63,198

As of September 30, 2014 and December 31, 2013, there were $55.6 million and $61.9 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral for these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

The following table presents average impaired loans by class segment:

	Three months ended September 30								Nine months ended September 30
	2014				2013				2014				2013
	Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)		Average Recorded Investment		Interest Income Recognized (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	23,056	$	78	$	27,120	$	113	$	23,524	$	244	$	29,630	394
Commercial - secured	18,903		29		33,644		49		20,014		98		32,528		131
Commercial - unsecured	—		—		—		—		—		—		33		—
Real estate - home equity	150		—		300		—		225		1		253		1
Real estate - residential mortgage	1,236		7		747		4		697		13		869		25
Construction - commercial residential	14,881		51		20,809		66		16,052		173		21,730		200
Construction - commercial	1,060		—		2,021		—		1,514		—		3,500		2
	59,286		165		84,641		232		62,026		529		88,543		753
With a related allowance recorded:
Real estate - commercial mortgage	38,469		130		37,962		158		37,794		394		46,213		563
Commercial - secured	19,764		30		22,771		34		21,404		101		29,317		115
Commercial - unsecured	850		1		1,260		1		847		3		1,502		4
Real estate - home equity	14,116		30		14,761		17		14,106		78		14,031		49
Real estate - residential mortgage	51,283		298		51,365		290		51,257		894		52,581		924
Construction - commercial residential	11,189		38		12,053		39		10,480		100		11,774		121
Construction - commercial	942		—		525		—		567		—		1,641		3
Construction - other	281		—		501		—		414		—		517		1
Consumer - direct	18		—		18		—		15		—		21		—
Consumer - indirect	6		—		3		—		4		—		1		—
Leasing and other and overdrafts	—		—		—		—		—		—		14		—
	136,918		527		141,219		539		136,888		1,570		157,612		1,780
Total	$	196,204	$	692	$	225,860	$	771	$	198,914	$	2,099	$	246,155	2,533

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2014 and 2013 represents amounts earned on accruing TDRs.

Credit Quality Indicators and Non-performing Assets

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - commercial mortgage	$	4,877,904		$	4,763,987		$	113,650		$	141,013		$	165,425		$	196,922		$	5,156,979		$	5,101,922
Commercial - secured	3,243,731			3,167,168			138,136			111,613			129,273			125,382			3,511,140			3,404,163
Commercial - unsecured	162,620			209,836			12,246			11,666			5,256			2,755			180,122			224,257
Total commercial - industrial, financial and agricultural	3,406,351			3,377,004			150,382			123,279			134,529			128,137			3,691,262			3,628,420
Construction - commercial residential	170,027			146,041			28,517			31,522			42,875			57,806			241,419			235,369
Construction - commercial	370,187			258,441			1,469			2,932			5,550			8,124			377,206			269,497
Total construction (excluding Construction - other)	540,214			404,482			29,986			34,454			48,425			65,930			618,625			504,866
	$	8,824,469		$	8,545,473		$	294,018		$	298,746		$	348,379		$	390,989		$	9,466,866		$	9,235,208
% of Total	93.2		%	92.6		%	3.1		%	3.2		%	3.7		%	4.2		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan. The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, leasing and other and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of these loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology, which bases the probability of default on this migration.

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013			September 30, 2014			December 31, 2013
	(dollars in thousands)
Real estate - home equity	$	1,707,659		$	1,731,185		$	10,306		$	16,029		$	15,071		$	16,983		$	1,733,036		$	1,764,197
Real estate - residential mortgage	1,319,002			1,282,754			24,896			23,279			28,135			31,347			1,372,033			1,337,380
Construction - other	68,822			68,258			—			—			281			548			69,103			68,806
Consumer - direct	115,449			126,666			3,025			3,586			2,359			2,391			120,833			132,643
Consumer - indirect	155,027			147,017			2,203			3,312			156			152			157,386			150,481
Total consumer	270,476			273,683			5,228			6,898			2,515			2,543			278,219			283,124
Leasing and other and overdrafts	110,491			92,876			269			581			388			48			111,148			93,505
	$	3,476,450		$	3,448,756		$	40,699		$	46,787		$	46,390		$	51,469		$	3,563,539		$	3,547,012
% of Total	97.6		%	97.2		%	1.2		%	1.3		%	1.3		%	1.5		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

The following table presents non-performing assets:

	September 30, 2014		December 31, 2013
	(in thousands)
Non-accrual loans	$	126,420	$	133,753
Accruing loans greater than 90 days past due	17,428		20,524
Total non-performing loans	143,848		154,277
Other real estate owned (OREO)	13,489		15,052
Total non-performing assets	$	157,337	$	169,329

The following table presents TDRs, by class segment:

	September 30, 2014		December 31, 2013
	(in thousands)
Real-estate - residential mortgage	$	30,850	$	28,815
Real-estate - commercial mortgage	18,869		19,758
Construction - commercial residential	9,251		10,117
Commercial - secured	5,042		7,933
Real estate - home equity	2,904		1,365
Commercial - unsecured	73		112
Consumer - direct	18		11
Consumer - indirect	5		—
Total accruing TDRs	67,012		68,111
Non-accrual TDRs (1)	27,724		30,209
Total TDRs	$	94,736	$	98,320

(1) Included within non-accrual loans in the preceding table detailing non-performing assets.

As of September 30, 2014 and December 31, 2013, there were $4.6 million and $9.6 million, respectively, of commitments to lend additional funds to borrowers whose loans were modified under TDRs.

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified during the three and nine months ended September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - commercial mortgage	1	$	391	4	$	3,774	10	$	10,195	13	$	8,428
Construction - commercial residential	—	—		2	4,427		2	1,914		5	9,542
Real estate - residential mortgage	3	256		5	836		18	2,092		44	6,861
Real estate - home equity	6	764		14	1,071		26	1,627		42	2,928
Commercial - secured	3	1,214		—	—		4	1,357		8	592
Consumer - indirect	—	—		—	—		4	7		—	—
Consumer - direct	—	—		—	—		6	8		9	2
Commercial - unsecured	—	—		—	—		—	—		1	15
Total	13	$	2,625	25	$	10,108	70	$	17,200	122	$	28,368

The following table presents TDRs, by class segment, as of September 30, 2014 and 2013 that were modified within the previous 12 months and had a post-modification payment default during the nine months ended September 30, 2014 and 2013. The Corporation defines a payment default as a single missed payment.

	2014			2013
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Real estate - residential mortgage	8	$	1,147	20	$	3,460
Real estate - home equity	5	724		18	1,419
Construction - commercial residential	3	2,509		1	608
Real estate - commercial mortgage	1	35		5	2,062
Commercial - secured	3	415		1	100
Consumer - direct	—	—		3	1
Total	20	$	4,830	48	$	7,650

The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	September 30, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	19,506	$	5,074	$	1,755	$	42,847	$	44,602	$	69,182	$	5,087,797	$	5,156,979
Commercial - secured	7,530		1,215		2,292		30,231		32,523		41,268		3,469,872		3,511,140
Commercial - unsecured	1,528		209		—		754		754		2,491		177,631		180,122
Total commercial - industrial, financial and agricultural	9,058		1,424		2,292		30,985		33,277		43,759		3,647,503		3,691,262
Real estate - home equity	8,094		2,212		3,988		11,083		15,071		25,377		1,707,659		1,733,036
Real estate - residential mortgage	17,102		7,794		6,285		21,850		28,135		53,031		1,319,002		1,372,033
Construction - commercial residential	215		—		205		17,500		17,705		17,920		223,499		241,419
Construction - commercial	—		—		—		1,874		1,874		1,874		375,332		377,206
Construction - other	—		—		—		281		281		281		68,822		69,103
Total real estate - construction	215		—		205		19,655		19,860		20,075		667,653		687,728
Consumer - direct	2,032		993		2,359		—		2,359		5,384		115,449		120,833
Consumer - indirect	1,815		388		156		—		156		2,359		155,027		157,386
Total consumer	3,847		1,381		2,515		—		2,515		7,743		270,476		278,219
Leasing and other and overdrafts	185		84		388		—		388		657		110,491		111,148
Total	$	58,007	$	17,969	$	17,428	$	126,420	$	143,848	$	219,824	$	12,810,581	$	13,030,405

	December 31, 2013
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	15,474	$	4,009	$	3,502	$	40,566	$	44,068	$	63,551	$	5,038,371	$	5,101,922
Commercial - secured	8,916		1,365		1,311		35,774		37,085		47,366		3,356,797		3,404,163
Commercial - unsecured	332		125		—		936		936		1,393		222,864		224,257
Total commercial - industrial, financial and agricultural	9,248		1,490		1,311		36,710		38,021		48,759		3,579,661		3,628,420
Real estate - home equity	13,555		2,474		3,711		13,272		16,983		33,012		1,731,185		1,764,197
Real estate - residential mortgage	16,969		6,310		9,065		22,282		31,347		54,626		1,282,754		1,337,380
Construction - commercial residential	—		645		346		18,202		18,548		19,193		216,176		235,369
Construction - commercial	14		—		—		2,171		2,171		2,185		267,312		269,497
Construction - other	—		—		—		548		548		548		68,258		68,806
Total real estate - construction	14		645		346		20,921		21,267		21,926		551,746		573,672
Consumer - direct	2,091		1,495		2,391		—		2,391		5,977		126,666		132,643
Consumer - indirect	2,864		448		150		2		152		3,464		147,017		150,481
Total consumer	4,955		1,943		2,541		2		2,543		9,441		273,683		283,124
Leasing and other and overdrafts	559		22		48		—		48		629		92,876		93,505
Total	$	60,774	$	16,893	$	20,524	$	133,753	$	154,277	$	231,944	$	12,550,276	$	12,782,220

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Mortgage Servicing Rights

9 Months Ended

Sep. 30, 2014

Transfers and Servicing [Abstract]

Mortgage Servicing Rights

Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights (MSRs), which are included in other assets on the consolidated balance sheets:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Amortized cost:
Balance at beginning of period	$	42,586		$	41,750		$	42,452		$	39,737
Originations of mortgage servicing rights	1,456			2,909			3,807			10,371
Amortization	(1,664		)	(2,031		)	(3,881		)	(7,480		)
Balance at end of period	$	42,378		$	42,628		$	42,378		$	42,628
Valuation allowance:
Balance at beginning of period	$	—		$	(1,690	)	$	—		$	(3,680	)
Reversals	—			1,690			—			3,680
Balance at end of period	$	—		$	—		$	—		$	—
Net MSRs at end of period	$	42,378		$	42,628		$	42,378		$	42,628

MSRs represent the economic value of existing contractual rights to service mortgage loans that have been sold. Accordingly, actual and expected prepayments of the underlying mortgage loans can impact the value of MSRs.

The Corporation estimates the fair value of its MSRs by discounting the estimated cash flows from servicing income, net of expense, over the expected life of the underlying loans at a discount rate commensurate with the risk associated with these assets. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. No adjustment to the valuation allowance was necessary for three and nine months ended September 30, 2014. A decrease to the valuation allowance of $1.7 million and $3.7 million was recorded for the three and nine months ended September 30, 2013.

The Corporation accounts for MSRs at the lower of amortized cost or fair value. As of September 30, 2014, the estimated fair value of MSRs was $47.9 million, which exceeded their book value. Therefore, no increase to the valuation allowance was necessary during the three or nine months ended September 30, 2014.

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Employee Benefit Plans

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The Corporation maintains a defined benefit pension plan (Pension Plan) for certain employees, which was curtailed effective January 1, 2008. Contributions to the Pension Plan are actuarially determined and funded annually, if required. Pension Plan assets are invested in: money markets; fixed income securities, including corporate bonds, U.S. Treasury securities and common trust funds; and equity securities, including common stocks and common stock mutual funds.

The net periodic benefit cost for the Corporation’s Pension Plan, as determined by a third-party actuary, consisted of the following components:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	92		$	51		$	276		$	153
Interest cost	853			772			2,559			2,316
Expected return on plan assets	(811		)	(800		)	(2,432		)	(2,400		)
Net amortization and deferral	244			596			732			1,788
Net periodic benefit cost	$	378		$	619		$	1,135		$	1,857

(1) The Pension Plan service cost recorded for the three and nine months ended September 30, 2014 and 2013, respectively, was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The Corporation currently provides medical and life insurance benefits under a postretirement benefits plan (Postretirement Plan) to certain retired full-time employees who were employees of the Corporation prior to January 1, 1998.

Effective February 1, 2014, the Corporation amended the Postretirement Plan, making all active full-time employees ineligible for benefits under this plan. As a result of this amendment, the Corporation recorded a $1.5 million gain in 2014, as determined by a third-party actuary and included as a component of salaries and employee benefits on the consolidated statements of income. The gain resulted from the recognition of the remaining prior service cost prior to the amendment date as of December 31, 2013. In addition, this amendment resulted in a $3.3 million decrease in the accumulated postretirement benefit obligation and a corresponding increase in unrecognized prior service cost credits.

The net periodic benefit (income) cost of the Corporation’s Postretirement Plan as determined by consulting actuaries, consisted of the following components, excluding the impact of the $1.5 million plan amendment gain:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Service cost (1)	$	—		$	57		$	15		$	171
Interest cost	48			81			157			243
Net accretion and deferral	(84		)	(91		)	(263		)	(273		)
Net periodic benefit (income) cost	$	(36	)	$	47		$	(91	)	$	141

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014. Service costs recorded after the effective date of the amendment represent administrative costs associated with the plan.

The Corporation recognizes the funded status of its Pension Plan and Postretirement Plan on the consolidated balance sheets and recognizes the change in that funded status through other comprehensive income.

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Stock-Based Compensation Narrative (Details)	9 Months Ended			3 Months Ended
	Sep. 30, 2014	Sep. 30, 2014 Directors' Plan [Member]	Sep. 30, 2014 Employee Stock Option [Member]	Sep. 30, 2014 Performance Shares [Member]	Sep. 30, 2014 Restricted Stock Units (RSUs) [Member]	Sep. 30, 2014 Employee Stock Option [Member]
Statement [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Options Expiration Term	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures		13,000		389,000	105,000	289,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 1			3 years
Shares reserved for future grants under the stock option and compensation plan		424,000	11,200,000

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Derivative Financial Instruments Notional Amounts and Fair Values of Derivative Financial Instruments (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Derivative [Line Items]
Foreign Currency Open Position	$ 500,000
Derivative, Fair Value, Net	1,031	2,197
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Asset (Liability) Fair Value	1,308	808
Interest Rate Lock Commitments [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	92,136	75,217
Asset, Fair Value	1,324	867
Interest Rate Lock Commitments [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	937	11,393
Liability, Fair Value	(16)	(59)
Forward Commitments [Member]
Derivative [Line Items]
Asset (Liability) Fair Value	(369)	1,258
Forward Commitments [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	6,165	87,904
Asset, Fair Value	23	1,263
Forward Commitments [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	98,323	2,373
Liability, Fair Value	(392)	(5)
Interest Rate Swap with Customer [Member]
Derivative [Line Items]
Asset (Liability) Fair Value	9,412	(888)
Interest Rate Swap with Customer [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	360,442	111,899
Asset, Fair Value	10,027	2,105
Interest Rate Swap with Customer [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	54,308	105,673
Liability, Fair Value	(615)	(2,993)
Interest Rate Swap with Counterparty [Member]
Derivative [Line Items]
Asset (Liability) Fair Value	(9,412)	888
Interest Rate Swap with Counterparty [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	54,308	105,673
Asset, Fair Value	615	2,993
Interest Rate Swap with Counterparty [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	360,442	111,899
Liability, Fair Value	(10,027)	(2,105)
Foreign Exchange Contracts With Customer [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	535	(319)
Foreign Exchange Contracts With Customer [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	17,434	2,150
Foreign Currency Contract, Asset, Fair Value Disclosure	959	24
Foreign Exchange Contracts With Customer [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	6,273	12,775
Foreign Currency Contracts, Liability, Fair Value Disclosure	(424)	(343)
Foreign Exchange Contracts With Correspondent Banks [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	(443)	450
Foreign Exchange Contracts With Correspondent Banks [Member] | Positive Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	6,554	17,348
Foreign Currency Contract, Asset, Fair Value Disclosure	428	498
Foreign Exchange Contracts With Correspondent Banks [Member] | Negative Fair Values [Member]
Derivative [Line Items]
Derivative, Notional Amount	16,988	5,872
Foreign Currency Contracts, Liability, Fair Value Disclosure	$ (871)	$ (48)

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Stock-Based Compensation Compensation Expense and Related Tax Benefits (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	$ 1,288	$ 979	$ 4,310	$ 4,186
Tax benefit	(358)	(272)	(1,067)	(1,183)
Stock-based compensation expense, net of tax	$ 930	$ 707	$ 3,243	$ 3,003

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Balance Sheet Offsetting (Tables)

9 Months Ended

Sep. 30, 2014

Offsetting [Abstract]

Balance Sheet Offsetting

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
September 30, 2014
Interest rate swap derivative assets	$	10,642	$	(636	)	$	—		$	10,006
Foreign exchange derivative assets with correspondent banks	428		(428		)	—			—
Total	$	11,070	$	(1,064	)	$	—		$	10,006
Interest rate swap derivative liabilities	$	10,642	$	(636	)	$	(9,480	)	$	526
Foreign exchange derivative liabilities with correspondent banks	871		(428		)	(310		)	133
Total	$	11,513	$	(1,064	)	$	(9,790	)	$	659
December 31, 2013
Interest rate swap derivative assets	$	5,098	$	(2,104	)	$	—		$	2,994
Interest rate swap derivative liabilities	$	5,098	$	(2,104	)	$	(730	)	$	2,264

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

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Loans and Allowance for Credit Losses Allowance for Loan Losses by Portfolio Segment (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	$ 191,685		$ 216,431		$ 202,780		$ 223,903
Loans charged off	(9,604)		(18,108)		(31,348)		(61,597)
Recoveries of loans previously charged off	3,770		3,820		8,039		10,996
Net loans charged off	(5,834)		(14,288)		(23,309)		(50,601)
Provision for loan losses	3,626	[1]	8,343	[1]	10,006	[1]	37,184	[1]
Ending Balance	189,477		210,486		189,477		210,486
Provision for loan losses gross	126		1,000		506		816
Provision for Loan and Lease Losses	3,500		9,500		9,500		38,000
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	49,842		58,696		55,659		62,928
Loans charged off	(1,557)		(3,724)		(5,084)		(13,050)
Recoveries of loans previously charged off	1,167		185		1,641		2,754
Net loans charged off	(390)		(3,539)		(3,443)		(10,296)
Provision for loan losses	(278)	[1]	3,470	[1]	(3,042)	[1]	5,995	[1]
Ending Balance	49,174		58,627		49,174		58,627
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	49,084		57,557		50,330		60,205
Loans charged off	(5,167)		(9,394)		(15,804)		(24,856)
Recoveries of loans previously charged off	1,013		2,295		2,532		3,430
Net loans charged off	(4,154)		(7,099)		(13,272)		(21,426)
Provision for loan losses	6,110	[1]	1,437	[1]	13,982	[1]	13,116	[1]
Ending Balance	51,040		51,895		51,040		51,895
Real-estate - home equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	32,041		25,736		28,222		22,776
Loans charged off	(1,492)		(2,365)		(4,377)		(6,735)
Recoveries of loans previously charged off	336		198		869		721
Net loans charged off	(1,156)		(2,167)		(3,508)		(6,014)
Provision for loan losses	406	[1]	4,451	[1]	6,577	[1]	11,258	[1]
Ending Balance	31,291		28,020		31,291		28,020
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	32,744		32,684		33,082		34,536
Loans charged off	(231)		(767)		(2,166)		(8,282)
Recoveries of loans previously charged off	95		245		319		442
Net loans charged off	(136)		(522)		(1,847)		(7,840)
Provision for loan losses	397	[1]	1,595	[1]	1,770	[1]	7,061	[1]
Ending Balance	33,005		33,757		33,005		33,757
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	11,331		14,471		12,649		17,287
Loans charged off	(313)		(598)		(745)		(5,181)
Recoveries of loans previously charged off	470		379		852		1,794
Net loans charged off	157		(219)		107		(3,387)
Provision for loan losses	(312)	[1]	(1,221)	[1]	(1,580)	[1]	(869)	[1]
Ending Balance	11,176		13,031		11,176		13,031
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	3,306		2,497		3,260		2,367
Loans charged off	(538)		(473)		(1,738)		(1,456)
Recoveries of loans previously charged off	448		294		1,059		1,206
Net loans charged off	(90)		(179)		(679)		(250)
Provision for loan losses	244	[1]	610	[1]	879	[1]	811	[1]
Ending Balance	3,460		2,928		3,460		2,928
Leasing and other and overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	1,851		2,925		3,370		2,752
Loans charged off	(306)		(787)		(1,434)		(2,037)
Recoveries of loans previously charged off	241		224		767		649
Net loans charged off	(65)		(563)		(667)		(1,388)
Provision for loan losses	180	[1]	620	[1]	(737)	[1]	1,618	[1]
Ending Balance	1,966		2,982		1,966		2,982
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	11,486		21,865		16,208		21,052
Loans charged off	0		0		0		0
Recoveries of loans previously charged off	0		0		0		0
Net loans charged off	0		0		0		0
Provision for loan losses	(3,121)	[1]	(2,619)	[1]	(7,843)	[1]	(1,806)	[1]
Ending Balance	$ 8,365	[2]	$ 19,246	[2]	$ 8,365	[2]	$ 19,246	[2]

[1] The provision for loan losses excluded a $126,000 and $506,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2014 and excluded a $1.2 million and $816,000 increase, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2013. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $3.5 million and $9.5 million, respectively, for the three and nine months ended September 30, 2014 and $9.5 million and $38.0 million, respectively, for the three and nine months ended September 30, 2013.

[2] The unallocated allowance, which was approximately 4% and 9% of the total allowance for credit losses as of September 30, 2014 and September 30, 2013, respectively, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

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Fair Value Measurements

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

FASB ASC Topic 820 establishes a fair value hierarchy for the inputs to valuation techniques used to measure assets and liabilities at fair value using the following three categories (from highest to lowest priority):

• Level 1 – Inputs that represent quoted prices for identical instruments in active markets.

• Level 2 – Inputs that represent quoted prices for similar instruments in active markets, or quoted prices for identical instruments in non-active markets. Also includes valuation techniques whose inputs are derived principally from observable market data other than quoted prices, such as interest rates or other market-corroborated means.

• Level 3 – Inputs that are largely unobservable, as little or no market data exists for the instrument being valued.

The Corporation has categorized all assets and liabilities measured at fair value on both a recurring and nonrecurring basis into the above three levels.

The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	25,212	$	—	$	25,212
Available for sale investment securities:
Equity securities	45,278		—		—		45,278
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		240		—		240
State and municipal securities	—		257,616		—		257,616
Corporate debt securities	—		93,071		8,356		101,427
Collateralized mortgage obligations	—		955,040		—		955,040
Mortgage-backed securities	—		962,335		—		962,335
Auction rate securities	—		—		148,473		148,473
Total available for sale investments	45,278		2,268,502		156,829		2,470,609
Other assets	17,475		11,988		—		29,463
Total assets	$	62,753	$	2,305,702	$	156,829	$	2,525,284
Other liabilities	$	17,376	$	11,050	$	—	$	28,426

	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	21,351	$	—	$	21,351
Available for sale investment securities:
Equity securities	46,201		—		—		46,201
U.S. Government securities	—		525		—		525
U.S. Government sponsored agency securities	—		726		—		726
State and municipal securities	—		284,849		—		284,849
Corporate debt securities	—		89,662		9,087		98,749
Collateralized mortgage obligations	—		1,032,398		—		1,032,398
Mortgage-backed securities	—		945,712		—		945,712
Auction rate securities	—		—		159,274		159,274
Total available for sale investments	46,201		2,353,872		168,361		2,568,434
Other assets	15,779		7,227		—		23,006
Total assets	$	61,980	$	2,382,450	$	168,361	$	2,612,791
Other liabilities	$	15,648	$	5,161	$	—	$	20,809

The valuation techniques used to measure fair value for the items in the preceding tables are as follows:

• Mortgage loans held for sale – This category consists of mortgage loans held for sale that the Corporation has elected to measure at fair value. Fair values as of September 30, 2014 and December 31, 2013 were measured based on the price that secondary market investors were offering for loans with similar characteristics.

• Available for sale investment securities – Included within this asset category are both equity and debt securities. Level 2 available for sale debt securities are valued by a third-party pricing service commonly used in the banking industry. The pricing service uses pricing models that vary based on asset class and incorporate available market information, including quoted prices of investment securities with similar characteristics. Because many fixed income securities do not trade on a daily basis, pricing models use available information, as applicable, through processes such as benchmark yield curves, benchmarking of like securities, sector groupings, and matrix pricing.

Standard market inputs include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data, including market research publications. For certain security types, additional inputs may be used, or some of the standard market inputs may not be applicable.

Management tests the values provided by the pricing service by obtaining securities prices from an alternative third-party source and comparing the results. This test is done for approximately 75% of the securities valued by the pricing service. Generally, differences by security in excess of 5% are researched to reconcile the difference.

• Equity securities – Equity securities consist of common stocks of financial institutions ($39.3 million at September 30, 2014 and $40.6 million at December 31, 2013) and other equity investments ($6.0 million at September 30, 2014 and $5.6 million at December 31, 2013). These Level 1 investments are measured at fair value based on quoted prices for identical securities in active markets.

• U.S. Government securities/U.S. Government sponsored agency securities/State and municipal securities/Collateralized mortgage obligations/Mortgage-backed securities – These debt securities are classified as Level 2 investments. Fair values are determined by a third-party pricing service, as detailed above.

• Corporate debt securities – This category consists of subordinated debt issued by financial institutions ($50.3 million at September 30, 2014 and December 31, 2013), single-issuer trust preferred securities issued by financial institutions ($44.1 million at September 30, 2014 and $40.5 million at December 31, 2013), pooled trust preferred securities issued by financial institutions ($4.5 million at September 30, 2014 and $5.3 million at December 31, 2013) and other corporate debt issued by non-financial institutions ($2.6 million at September 30, 2014 and December 31, 2013).

Level 2 investments include the Corporation’s holdings of subordinated debt, other corporate debt issued by non-financial institutions and $40.2 million and $36.7 million of single-issuer trust preferred securities held at September 30, 2014 and December 31, 2013, respectively. The fair values for these corporate debt securities are determined by a third-party pricing service, as detailed above.

Level 3 investments include the Corporation’s investments in pooled trust preferred securities and certain single-issuer trust preferred securities ($3.9 million at September 30, 2014 and $3.8 million at December 31, 2013). The fair values of these securities were determined based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers. The Corporation’s third-party pricing service cannot derive fair values for these securities primarily due to inactive markets for similar investments. Level 3 values are tested by management primarily through trend analysis, by comparing current values to those reported at the end of the preceding calendar quarter, and determining if they are reasonable based on price and spread movements for this asset class.

• Auction rate securities – Due to their illiquidity, ARCs are classified as Level 3 investments and are valued through the use of an expected cash flows model prepared by a third-party valuation expert. The assumptions used in preparing the expected cash flows model include estimates for coupon rates, time to maturity and market rates of return. The most significant unobservable input to the expected cash flows model is an assumed return to market liquidity sometime within the next five years. If the assumed return to market liquidity was lengthened beyond the next five years, this would result in a decrease in the fair value of these ARCs. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid. Level 3 values are tested by management through the performance of a trend analysis of the market price and discount rate. Changes in the price and discount rates are compared to changes in market data, including bond ratings, parity ratios, balances and delinquency levels.

• Other assets – Included within this category are the following:

• Level 1 assets include mutual funds that are held in trust for employee deferred compensation plans ($16.1 million at September 30, 2014 and $15.3 million at December 31, 2013) and the fair value of foreign currency exchange contracts ($1.4 million at September 30, 2014 and $522,000 at December 31, 2013). The mutual funds and foreign exchange prices used to measure these items at fair value are based on quoted prices for identical instruments in active markets.

• Level 2 assets include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($1.3 million at September 30, 2014 and $2.1 million at December 31, 2013) and the fair value of interest rate swaps ($10.6 million at September 30, 2014 and $5.1 million at December 31, 2013). The fair values of the Corporation’s interest rate locks, forward commitments and interest rate swaps represent the amounts that would be required to settle the derivative financial instruments at the balance sheet date. See Note I, "Derivative Financial Instruments," for additional information.

• Other liabilities – Included within this category are the following:

• Level 1 liabilities include employee deferred compensation liabilities which represent amounts due to employees under deferred compensation plans ($16.1 million at September 30, 2014 and $15.3 million at December 31, 2013) and the fair value of foreign currency exchange contracts ($1.3 million at September 30, 2014 and $391,000 at December 31, 2013). The fair value of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

• Level 2 liabilities include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($408,000 at September 30, 2014 and $64,000 at December 31, 2013) and the fair value of interest rate swaps ($10.6 million at September 30, 2014 and $5.1 million at December 31, 2013). The fair values of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at June 30, 2014	$	4,275		$	3,820	$	146,931
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	230			47		1,280
Discount accretion (3)	—			2		262
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Three months ended September 30, 2013
Balance at June 30, 2013	$	5,391		$	3,670	$	152,592
Sales	—			—		(25		)
Realized adjustment to fair value (1)	(97		)	—		—
Unrealized adjustment to fair value (2)	(103		)	108		1,983
Settlements - calls	—			—		(317		)
Discount accretion (3)	—			2		277
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510
	Nine months ended September 30, 2014
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities		ARCs
	(in thousands)
Balance at December 31, 2013	$	5,306		$	3,781	$	159,274
Sales	(1,394		)	—		(11,912		)
Realized adjustment to fair value (1)	(18		)	—		—
Unrealized adjustment to fair value (2)	789			83		1,528
Settlements - calls	(200		)	—		(1,081		)
Discount accretion (3)	4			5		664
Balance at September 30, 2014	$	4,487		$	3,869	$	148,473
	Nine months ended September 30, 2013
Balance at December 31, 2012	$	6,927		$	3,360	$	149,339
Sales	(4,987		)	—		(25		)
Realized adjustment to fair value (1)	1,604			—		—
Unrealized adjustment to fair value (2)	1,771			412		7,171
Settlements - calls	(124		)	—		(2,725		)
Discount accretion (3)	—			8		750
Balance at September 30, 2013	$	5,191		$	3,780	$	154,510

(1) Realized adjustments to fair value represent credit related other-than-temporary impairment charges and gains on sales of investment securities, both included

as components of investment securities gains on the consolidated statements of income.

(2) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(3) Included as a component of net interest income on the consolidated statements of income.

Certain financial assets are not measured at fair value on an ongoing basis, but are subject to fair value measurement in certain circumstances, such as upon their acquisition or when there is evidence of impairment. The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	128,952	$	128,952
Other financial assets	—		—		55,867		55,867
Total assets	$	—	$	—	$	184,819	$	184,819

	December 31, 2013
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	138,666	$	138,666
Other financial assets	—		—		57,504		57,504
Total assets	$	—	$	—	$	196,170	$	196,170

The valuation techniques used to measure fair value for the items in the table above are as follows:

• Net loans – This category consists of loans that were evaluated for impairment under FASB ASC Section 310-10-35 and have been classified as Level 3 assets. The amount shown is the balance of impaired loans, net of the related allowance for loan losses. See Note E, "Loans and Allowance for Credit Losses," for additional details.

• Other financial assets – This category includes OREO ($13.5 million at September 30, 2014 and $15.1 million at December 31, 2013) and MSRs ($42.4 million at September 30, 2014 and $42.5 million at December 31, 2013), both classified as Level 3 assets.

Fair values for OREO were based on estimated selling prices less estimated selling costs for similar assets in active markets.

MSRs are initially recorded at fair value upon the sale of residential mortgage loans to secondary market investors. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are stratified and evaluated for impairment by comparing each stratum's carrying amount to its estimated fair value. Fair values are determined at the end of each quarter through a discounted cash flows valuation performed by a third-party valuation expert. Significant inputs to the valuation included expected net servicing income, the discount rate and the expected life of the underlying loans. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. The weighted average annual constant prepayment rate and the weighted average discount rate used in the September 30, 2014 valuation were 12.0% and 9.1%, respectively. Management tests the reasonableness of the significant inputs to the third-party valuation in comparison to market data.

As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of September 30, 2014 and December 31, 2013. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	September 30, 2014				December 31, 2013
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	220,946	$	220,946	$	218,540	$	218,540
Interest-bearing deposits with other banks	291,523		291,523		163,988		163,988
Federal Reserve Bank and Federal Home Loan Bank stock	86,056		86,056		84,173		84,173
Loans held for sale (1)	25,212		25,212		21,351		21,351
Available for sale investment securities (1)	2,470,609		2,470,609		2,568,434		2,568,434
Loans, net of unearned income (1)	13,030,405		12,909,164		12,782,220		12,688,774
Accrued interest receivable	43,544		43,544		44,037		44,037
Other financial assets (1)	157,664		157,664		146,933		146,933
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,342,243	$	10,342,243	$	9,573,264	$	9,573,264
Time deposits	2,991,384		2,986,545		2,917,922		2,927,374
Short-term borrowings	564,952		564,952		1,258,629		1,258,629
Accrued interest payable	17,425		17,425		15,218		15,218
Other financial liabilities (1)	147,121		147,121		124,440		124,440
Federal Home Loan Bank advances and long-term debt	1,018,289		1,012,741		883,584		875,984

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

Fair values of financial instruments are significantly affected by the assumptions used, principally the timing of future cash flows and discount rates. Because assumptions are inherently subjective in nature, the estimated fair values cannot be substantiated by comparison to independent market quotes and, in many cases, the estimated fair values could not necessarily be realized in an immediate sale or settlement of the instrument. The aggregate fair value amounts presented do not necessarily represent management’s estimate of the underlying value of the Corporation.

For short-term financial instruments, defined as those with remaining maturities of 90 days or less, and excluding those recorded at fair value on the Corporation’s consolidated balance sheets, book value was considered to be a reasonable estimate of fair value.

The following instruments are predominantly short-term:

Assets	Liabilities
Cash and due from banks	Demand and savings deposits
Interest bearing deposits with other banks	Short-term borrowings
Accrued interest receivable	Accrued interest payable

Federal Reserve Bank and Federal Home Loan Bank stock represent restricted investments and are carried at cost on the consolidated balance sheets. Each of the Corporation’s subsidiary banks is a member of the Federal Home Loan Bank for the region encompassing the headquarters of the subsidiary bank.  Memberships are maintained with the Atlanta, New York and Pittsburgh regional Federal Home Loan Banks (collectively referred to as the "FHLB").

Fair values for loans and time deposits were estimated by discounting future cash flows using the current rates at which similar loans would be made to borrowers and similar deposits would be issued to customers for the same remaining maturities. Fair values estimated in this manner do not fully incorporate an exit price approach to fair value, as defined in FASB ASC Topic 820.

The fair values of FHLB advances and long-term debt were estimated by discounting the remaining contractual cash flows using a rate at which the Corporation could issue debt with similar remaining maturities as of the balance sheet date. These borrowings would be categorized within Level 2 liabilities under FASB ASC Topic 820.

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Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Changes in other comprehensive income [Table Text Block]

The following table presents changes in other comprehensive income (loss):

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended September 30, 2014
Unrealized gain (loss) on securities	$	(4,629	)	$	1,618		$	(3,011	)
Reclassification adjustment for securities gains included in net income (1)	(81		)	29			(52		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	212			(74		)	138
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income (Loss)	$	(4,286	)	$	1,499		$	(2,787	)
Three months ended September 30, 2013
Unrealized gain (loss) on securities	$	(10,691	)	$	3,740		$	(6,951	)
Reclassification adjustment for securities gains included in net income (1)	(2,633		)	922			(1,711		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	(163		)	57			(106		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	505			(176		)	329
Total Other Comprehensive Income (Loss)	$	(12,930	)	$	4,525		$	(8,405	)
Nine months ended September 30, 2014
Unrealized gain (loss) on securities	$	36,790		$	(12,878	)	$	23,912
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Reclassification adjustment for securities gains included in net income (1)	(1,193		)	418			(775		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	1,000			(350		)	650
Unrealized gain on derivative financial instruments	157			(55		)	102
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	469			(165		)	304
Total Other Comprehensive Income (Loss)	$	39,062		$	(13,669	)	$	25,393
Nine months ended September 30, 2013
Unrealized gain (loss) on securities	$	(67,357	)	$	23,573		$	(43,784	)
Reclassification adjustment for securities gains included in net income (1)	(7,971		)	2,790			(5,181		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	2,049			(717		)	1,332
Unrealized gain on derivative financial instruments	157			(55		)	102
Amortization of net unrecognized pension and postretirement items (2)	1,515			(530		)	985
Total Other Comprehensive Income (Loss)	$	(71,607	)	$	25,061		$	(46,546	)

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note D, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note H, "Employee Benefit Plans," for additional details.

Changes in each component of accumulated other comprehensive income [Table Text Block]

The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended September 30, 2014
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Other comprehensive income (loss) before reclassifications	(3,011		)	138			—			—			(2,873		)
Amounts reclassified from accumulated other comprehensive income (loss)	(63		)	11			34			104			86
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Three months ended September 30, 2013
Balance at June 30, 2013	$	(12,941	)	$	1,050		$	(2,750	)	$	(17,825	)	$	(32,466	)
Other comprehensive income (loss) before reclassifications	(6,951		)	(106		)	—			—			(7,057		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,774		)	63			34			329			(1,348		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)
Nine months ended September 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income (loss) before reclassifications	23,912			650			—			2,144			26,706
Amounts reclassified from accumulated other comprehensive income (loss)	(56		)	(719		)	102			(640		)	(1,313		)
Balance at September 30, 2014	$	(3,654	)	$	1,583		$	(2,580	)	$	(7,297	)	$	(11,948	)
Nine months ended September 30, 2013
Balance at December 31, 2012	$	26,361		$	613		$	(2,818	)	$	(18,481	)	$	5,675
Other comprehensive income (loss) before reclassifications	(43,784		)	1,332			—			—			(42,452		)
Amounts reclassified from accumulated other comprehensive income (loss)	(4,243		)	(938		)	102			985			(4,094		)
Balance at September 30, 2013	$	(21,666	)	$	1,007		$	(2,716	)	$	(17,496	)	$	(40,871	)

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Loans and Allowance for Credit Losses Allowance for Credit Losses (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
Receivables [Abstract]
Allowance for loan losses	$ 189,477	$ 191,685	$ 202,780	$ 210,486	$ 216,431	$ 223,903
Reserve for unfunded lending commitments	1,631		2,137
Allowance for credit losses	$ 191,108	$ 193,442	$ 204,917	$ 212,838	$ 217,626	$ 225,439

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Investment Securities Schedule of Amortized Cost and Fair Values of Investment Securities (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Schedule of Investments [Line Items]
Amortized Cost	$ 2,473,788	$ 2,608,210
Gross Unrealized Gains	45,528	46,681
Gross Unrealized Losses	(48,707)	(86,457)
Estimated Fair Value	2,470,609	2,568,434
Equity Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	34,380	33,922
Gross Unrealized Gains	10,927	12,355
Gross Unrealized Losses	(29)	(76)
Estimated Fair Value	45,278	46,201
U.S. Government Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	200	525
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	200	525
U.S. Government-Sponsored Agency Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	235	720
Gross Unrealized Gains	5	7
Gross Unrealized Losses	0	(1)
Estimated Fair Value	240	726
State and Municipal Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	250,195	281,810
Gross Unrealized Gains	7,917	6,483
Gross Unrealized Losses	(496)	(3,444)
Estimated Fair Value	257,616	284,849
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	99,670	100,468
Gross Unrealized Gains	5,777	5,685
Gross Unrealized Losses	(4,020)	(7,404)
Estimated Fair Value	101,427	98,749
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Amortized Cost	975,971	1,069,138
Gross Unrealized Gains	6,700	8,036
Gross Unrealized Losses	(27,631)	(44,776)
Estimated Fair Value	955,040	1,032,398
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	954,412	949,328
Gross Unrealized Gains	14,201	13,881
Gross Unrealized Losses	(6,278)	(17,497)
Estimated Fair Value	962,335	945,712
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	158,725	172,299
Gross Unrealized Gains	1	234
Gross Unrealized Losses	(10,253)	(13,259)
Estimated Fair Value	$ 148,473	$ 159,274

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Net Income	$ 38,566	$ 39,948	$ 119,945	$ 119,757
Other Comprehensive Income (Loss), net of tax:
Unrealized gain (loss) on securities	(3,011)	(6,951)	23,912	(43,784)
Reclassification adjustment for postretirement amendment gains included in net income	0	0	(944)	0
Reclassification adjustment for securities gains included in net income	(52)	(1,711)	(775)	(5,181)
Non-credit related unrealized gain on other-than-temporarily impaired debt securities	138	(106)	650	1,332
Unrealized gain on derivative financial instruments	34	34	102	102
Unrecognized pension and postretirement income	0	0	2,144	0
Amortization of net unrecognized pension and postretirement items	104	329	304	985
Other Comprehensive Income (Loss)	(2,787)	(8,405)	25,393	(46,546)
Total Comprehensive Income	$ 35,779	$ 31,543	$ 145,338	$ 73,211

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Net Income Per Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Net Income Per Share

Net Income Per Share

Basic net income per share is calculated as net income divided by the weighted average number of shares outstanding.

Diluted net income per share is calculated as net income divided by the weighted average number of shares outstanding plus the incremental number of shares added as a result of converting common stock equivalents, calculated using the treasury stock method. The Corporation’s common stock equivalents consist of outstanding stock options, restricted stock, restricted stock units (RSUs) and performance-based restricted stock units (PSUs). PSUs are required to be included in weighted average shares outstanding if performance measures, as defined in each PSU award agreement, are met as of the end of the period.

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended September 30		Nine months ended September 30
	2014	2013	2014	2013
	(in thousands)
Weighted average shares outstanding (basic)	186,109	192,251	187,893	193,926
Impact of common stock equivalents	846	1,008	970	1,000
Weighted average shares outstanding (diluted)	186,955	193,259	188,863	194,926

For the three and nine months ended September 30, 2014, 2.5 million and 2.9 million shares issuable under stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive. For the three and nine months ended September 30, 2013, 3.2 million and 3.7 million shares issuable under stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive.

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Loans and Allowance for Credit Losses Loans Modified Under Troubled Debt Restructurings (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Financing Receivable, Modifications [Line Items]
Accruing TDRs	$ 67,012		$ 68,111
Non-accrual TDRs	27,724	[1]	30,209	[1]
Total TDRs	94,736		98,320
Real-estate - residential mortgage [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	30,850		28,815
Real-estate commercial mortage [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	18,869		19,758
Construction - Commercial Residential [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	9,251		10,117
Commercial - Secured [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	5,042		7,933
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	2,904		1,365
Commercial - unsecured [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	73		112
Consumer - direct [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	18		11
Consumer Other Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	$ 5		$ 0

[1] Included within non-accrual loans in the preceding table detailing non-performing assets.

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Balance Sheet Offsetting (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	$ 11,070
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(1,064)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	0	[2]
Net Amount	10,006
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	11,513
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(1,064)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	(9,790)	[2]
Net Amount	659
Foreign Exchange Contract [Member]
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	428
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(428)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	0	[2]
Net Amount	0
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	871
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(428)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	(310)	[2]
Net Amount	133
Interest Rate Swap [Member]
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	10,642		5,098
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(636)	[1]	(2,104)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	0	[2]	0	[2]
Net Amount	10,006		2,994
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets	10,642		5,098
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	(636)	[1]	(2,104)	[1]
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	(9,480)	[2]	(730)	[2]
Net Amount	$ 526		$ 2,264

[1] For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

[2] Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2014

Investments, Debt and Equity Securities [Abstract]

Schedule of Amortized Cost and Fair Values of Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
September 30, 2014
Equity securities	$	34,380	$	10,927	$	(29	)	$	45,278
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	235		5		—			240
State and municipal securities	250,195		7,917		(496		)	257,616
Corporate debt securities	99,670		5,777		(4,020		)	101,427
Collateralized mortgage obligations	975,971		6,700		(27,631		)	955,040
Mortgage-backed securities	954,412		14,201		(6,278		)	962,335
Auction rate securities	158,725		1		(10,253		)	148,473
	$	2,473,788	$	45,528	$	(48,707	)	$	2,470,609

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2013
Equity securities	$	33,922	$	12,355	$	(76	)	$	46,201
U.S. Government securities	525		—		—			525
U.S. Government sponsored agency securities	720		7		(1		)	726
State and municipal securities	281,810		6,483		(3,444		)	284,849
Corporate debt securities	100,468		5,685		(7,404		)	98,749
Collateralized mortgage obligations	1,069,138		8,036		(44,776		)	1,032,398
Mortgage-backed securities	949,328		13,881		(17,497		)	945,712
Auction rate securities	172,299		234		(13,259		)	159,274
	$	2,608,210	$	46,681	$	(86,457	)	$	2,568,434

Schedule of Amortized Cost and Fair Values of Debt Securities by Contractual Maturities

The amortized cost and estimated fair values of debt securities as of September 30, 2014, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	13,218	$	13,284
Due from one year to five years		75,307		78,967
Due from five years to ten years		187,966		193,537
Due after ten years		232,534		222,168
		509,025		507,956
Collateralized mortgage obligations		975,971		955,040
Mortgage-backed securities		954,412		962,335
		$	2,439,408	$	2,425,331

Summary of Gains and Losses from Equity and Debt Securities, and Losses Recognized from Other-than-Temporary Impairment

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended September 30, 2014	(in thousands)
Equity securities	$	99	$	—		$	—		$	99
Debt securities	—		—			(18		)	(18		)
Total	$	99	$	—		$	(18	)	$	81
Three months ended September 30, 2013
Equity securities	$	2,135	$	—		$	—		$	2,135
Debt securities	617		(22		)	(97		)	498
Total	$	2,752	$	(22	)	$	(97	)	$	2,633
Nine months ended September 30, 2014
Equity securities	$	100	$	—		$	(12	)	$	88
Debt securities	1,446		(323		)	(18		)	1,105
Total	$	1,546	$	(323	)	$	(30	)	$	1,193
Nine months ended September 30, 2013
Equity securities	$	4,357	$	(28	)	$	(27	)	$	4,302
Debt securities	3,788		(22		)	(97		)	3,669
Total	$	8,145	$	(50	)	$	(124	)	$	7,971

Summary Of Other Than Temporary Impairment Charges Recorded In Statement Of Operations [Table Text Block]

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at September 30, 2014 and 2013:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(17,214	)	$	(20,607	)	$	(20,691	)	$	(23,079	)
Additions for credit losses recorded which were not previously recognized as components of earnings	(18		)	(97		)	(18		)	(97		)
Reductions for securities sold during the period	—			—			3,472			2,468
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			—			5			4
Balance of cumulative credit losses on debt securities, end of period	$	(17,232	)	$	(20,704	)	$	(17,232	)	$	(20,704	)

Gross Unrealized Losses and Fair Values of Investments by Category and Length of Time in Continuous Unrealized Loss Position

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2014:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
State and municipal securities	$	7,996	$	(37	)	$	26,484	$	(459	)	$	34,480	$	(496	)
Corporate debt securities	—		—			38,900		(4,020		)	38,900		(4,020		)
Collateralized mortgage obligations	53,189		(248		)	652,396		(27,383		)	705,585		(27,631		)
Mortgage-backed securities	241,707		(527		)	291,712		(5,751		)	533,419		(6,278		)
Auction rate securities	—		—			148,380		(10,253		)	148,380		(10,253		)
Total debt securities	302,892		(812		)	1,157,872		(47,866		)	1,460,764		(48,678		)
Equity securities	269		(17		)	77		(12		)	346		(29		)
	$	303,161	$	(829	)	$	1,157,949	$	(47,878	)	$	1,461,110	$	(48,707	)

Summary of Amortized Cost and Fair Values of Corporate Debt Securities

The following table presents the amortized cost and estimated fair value of corporate debt securities:

	September 30, 2014				December 31, 2013
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,546	$	44,075	$	47,481	$	40,531
Subordinated debt	47,498		50,289		47,405		50,327
Pooled trust preferred securities	2,050		4,487		2,997		5,306
Corporate debt securities issued by financial institutions	97,094		98,851		97,883		96,164
Other corporate debt securities	2,576		2,576		2,585		2,585
Available for sale corporate debt securities	$	99,670	$	101,427	$	100,468	$	98,749

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Fair Value Measurements Details of Book Value and Fair Value of Financial Instruments (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Available for sale investment securities	$ 2,470,609		$ 2,568,434
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Cash and Cash Equivalents	220,946		218,540
Interest-Rate Deposits with Other Banks	291,523		163,988
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure	86,056		84,173
Loans Held-for-sale	25,212	[1]	21,351	[1]
Available for sale investment securities	2,470,609	[1]	2,568,434	[1]
Loans, net of unearned income	13,030,405	[1]	12,782,220	[1]
Accrued Interest Receivable	43,544		44,037
Other Financial Assets	157,664	[1]	146,933	[1]
Demand and Savings Deposit Liabilities, Fair Value Disclosure	10,342,243		9,573,264
Time Deposit Liabilities, Fair Value Disclosure	2,991,384		2,917,922
Short-term borrowings	564,952		1,258,629
Accrued interest payable	17,425		15,218
Other Financial Liabilities	147,121	[1]	124,440	[1]
Federal Home Loan Bank Advances And Debt Long Term, Fair Value Disclosre	1,018,289		883,584
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Cash and Cash Equivalents	220,946		218,540
Interest-Rate Deposits with Other Banks	291,523		163,988
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure	86,056		84,173
Loans Held-for-sale	25,212	[1]	21,351	[1]
Available for sale investment securities	2,470,609	[1]	2,568,434	[1]
Loans, net of unearned income	12,909,164	[1]	12,688,774	[1]
Accrued Interest Receivable	43,544		44,037
Other Financial Assets	157,664	[1]	146,933	[1]
Demand and Savings Deposit Liabilities, Fair Value Disclosure	10,342,243		9,573,264
Time Deposit Liabilities, Fair Value Disclosure	2,986,545		2,927,374
Short-term borrowings	564,952		1,258,629
Accrued interest payable	17,425		15,218
Other Financial Liabilities	147,121	[1]	124,440	[1]
Federal Home Loan Bank Advances And Debt Long Term, Fair Value Disclosre	$ 1,012,741		$ 875,984

[1] These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

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Net Income Per Share Narrative (Details) (Stock Option [Member]) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2.5	3.2	2.9	3.7

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Commitments and Contingencies

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Commitments

The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers.

Those financial instruments include commitments to extend credit and letters of credit, which involve, to varying degrees, elements of credit risk and interest rate risk in excess of the amounts recognized on the Corporation’s consolidated balance sheets. Exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the outstanding amount of those instruments.

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	September 30, 2014		December 31, 2013
	(in thousands)
Commitments to extend credit	$	4,437,607	$	4,379,578
Standby letters of credit	382,526		391,445
Commercial letters of credit	30,067		36,344

The Corporation records a reserve for unfunded lending commitments, which represents management’s estimate of losses associated with unused commitments to extend credit. See Note E, "Loans and Allowance for Credit Losses," for additional details.

Residential Lending

Residential mortgages are originated and sold by the Corporation and consist primarily of conforming, prime loans sold to government sponsored agencies, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The Corporation also sells a portion of prime loans to non-government sponsored agency investors.

The Corporation provides customary representations and warranties to investors that specify, among other things, that the loans have been underwritten to the standards established by the investor. The Corporation may be required to repurchase a loan or reimburse the investor for a credit loss incurred on a loan if it is determined that the representations and warranties have not been met. Such repurchases or reimbursements generally result from an underwriting or documentation deficiency. As of September 30, 2014 and December 31, 2013, total outstanding repurchase requests totaled $543,000 and $8.8 million, respectively. During the first quarter of 2014, the Corporation entered into a settlement agreement with a secondary market investor. Under this agreement, the Corporation agreed to pay this investor $4.5 million to settle all outstanding and potential future repurchase requests under a series of specified loan purchase agreements with that secondary market investor. The result of this settlement was a reduction to outstanding repurchase requests of $7.5 million and a reduction to reserves for repurchases of $5.1 million, resulting in a $600,000 reduction to operating risk loss on the consolidated statements of income during the nine months ended September 30, 2014.

From 2000 to 2011, the Corporation sold loans to the Federal Home Loan Bank of Pittsburgh under its Mortgage Partnership Finance Program (MPF Program). No loans were sold under this program during the nine months ended September 30, 2014 or during 2013 or 2012. The Corporation provided a "credit enhancement" for residential mortgage loans sold under the MPF Program whereby it would assume credit losses in excess of a defined "First Loss Account" (FLA) balance, up to specified amounts. The FLA is funded by the Federal Home Loan Bank of Pittsburgh based on a percentage of the outstanding principal balance of loans sold. As of September 30, 2014, the unpaid principal balance of loans sold under the MPF Program was approximately $158 million. As of September 30, 2014 and December 31, 2013, the reserve for estimated credit losses related to loans sold under the MPF Program was $2.4 million and $2.5 million, respectively. Required reserves are calculated based on delinquency status and estimated loss rates established through the Corporation's existing allowance for credit losses methodology.

As of September 30, 2014 and December 31, 2013, the total reserve for losses on residential mortgage loans sold was $3.3 million and $8.6 million, respectively, including both reserves for credit losses under the MPF Program and reserves for representation and warranty exposures. Management believes that the reserves recorded as of September 30, 2014 are adequate. However, declines in collateral values, the identification of additional loans to be repurchased, or a deterioration in the credit quality of loans sold under the MPF Program could necessitate additional reserves in the future.

Regulatory Matters

In July 2014, three wholly owned banking subsidiaries of the Corporation, Fulton Bank, N.A., Swineford National Bank and FNB Bank, N.A., each entered into a Stipulation and Consent to the Issuance of a Consent Order (Consent Order) with their primary Federal bank regulatory agency, the Office of the Comptroller of the Currency, relating to identified deficiencies in a centralized Bank Secrecy Act and anti-money laundering compliance program, which was designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, the "BSA/AML Requirements") as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on July 18, 2014.  The Consent Orders require, among other things, that the banking subsidiaries review, assess and take actions to strengthen and enhance their compliance programs related to the BSA/AML Requirements (BSA/AML Compliance Program).

In September 2014, the Corporation and its wholly owned banking subsidiary, Lafayette Ambassador Bank (Lafayette), entered into a consent cease and desist order (Cease and Desist Order) with their primary Federal bank regulatory agency, the Board of Governors of the Federal Reserve System (Reserve Board), as disclosed by the Corporation in a Current Report on Form 8-K filed with the SEC on September 9, 2014. The Cease and Desist Order requires, among other things, that the Corporation and Lafayette strengthen the BSA/AML Compliance Program and imposes requirements similar to those set forth in the Consent Orders. In addition, the Cease and Desist Order requires the Corporation to engage an independent third-party firm to conduct a comprehensive assessment of the BSA/AML Compliance Program, and that Lafayette engage an independent third-party firm to conduct a retrospective review of account and transaction activity from January 1, 2014 to June 30, 2014 associated with high-risk customers to determine whether suspicious activity was properly identified and reported in accordance with the BSA/AML requirements. Based on the results of this review the Reserve Board may require a review of transactions for additional time periods. Further, because the Consent Orders and the Cease and Desist Order relate to the BSA/AML Compliance Program, which is operated jointly for all of the Corporation’s subsidiary banks, management anticipates that one or both of the Corporation's other subsidiary banks will also become subject to an enforcement action related to the BSA/AML Requirements, and the provisions of any such enforcement action may differ from those of the Consent Orders and Cease and Desist Order.

Other Contingencies

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations.

As of the date of this report, the Corporation believes that any liabilities, individually or in the aggregate, which may result from the final outcomes of pending proceedings will not have a material adverse effect on the financial condition, the operating results and/or the liquidity of the Corporation. However, legal proceedings are often unpredictable, and the actual results of such proceedings cannot be determined with certainty.