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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Operating Activities:      
Net income $ 67,315 $ 24,266  
Adjustment to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 22,000 110,831 130,081
Depreciation and amortization 20,336 21,950  
Deferred taxes 0 (388)  
Amortization of intangibles 2,366 2,510  
Amortization of debt securities premium and discount, net 9,794 16,279  
Share-based compensation expense 2,363 1,925  
Security gains, net (290) (12,109)  
Net deferred loan origination expense (6,088) (6,419)  
Excess tax benefit from exercise of stock options 0 (12)  
Decrease in interest receivable 2,952 7,687  
Decrease in interest payable (1,885) (4,319)  
Realized gain on mortgages sold (49,030) (24,548)  
Proceeds from mortgages sold 609,052 839,577  
Origination of mortgages held for sale (607,887) (822,905)  
Increase in bank-owned life insurance (3,713) (3,881)  
Decrease (increase) in prepaid pension asset 3,401 (373)  
Decrease in prepaid deposit insurance assessments 11,086 14,613  
Other, net 18,518 17,595  
Net cash provided by operating activities 100,290 182,279  
Investing activities:      
Proceeds from calls and maturities of held-to-maturity securities 0 135,781  
Proceeds from calls and maturities of available-for-sale securities 386,658 255,577  
Proceeds from sales of available-for-sale securities 2,812 273,807  
Purchases of held-to-maturity securities 0 (151,105)  
Purchases of available-for-sale securities (359,102) (245,791)  
Net decrease in short-term investments 0 150,000  
Net decrease in loans and leases 193,925 146,289  
Purchases of premises and equipment (18,815) (13,028)  
Proceeds from sale of premises and equipment 1,063 1,820  
Contingency earn-out payment 0 (1,200)  
Other, net (23) (42)  
Net cash provided by investing activities 206,518 552,108  
Financing activities:      
Net increase (decrease) in deposits 19,452 (426,788)  
Net decrease in short-term debt and other liabilities 2,232 6,172  
Repayment of long-term debt 0 (75,000)  
Issuance of common stock 108,733 110  
Excess tax benefit from exercise of stock options 0 12  
Payment of cash dividends (2,833) (10,853)  
Net cash provided by (used in) financing activities 127,584 (506,347)  
Increase in cash and cash equivalents 434,392 228,040  
Cash and cash equivalents at beginning of period 499,344 272,086 272,086
Cash and cash equivalents at end of period $ 933,736 $ 500,126 $ 499,344