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Consolidated Statements of Financial Condition (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Cash and due from banks $ 110,159 $ 102,495
Interest-bearing deposits in other banks 601,310 483,281
Trading securities, at fair value 16,230 [1] 15,282 [1]
Securities available-for-sale, at fair value 1,009,873 1,057,802
Securities held-to-maturity, at amortized cost 76,142 81,320
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 58,187 61,338
Loans, excluding covered loans 5,112,911 5,100,560
Covered loans 314,942 371,729
Allowance for loan losses (137,331) (142,572)
Net loans 5,290,522 5,329,717
Other real estate owned (“OREO”), excluding covered OREO 24,407 31,069
Covered OREO 14,583 22,370
Federal Deposit Insurance Corporation (“FDIC”) indemnification asset 95,752 95,899
Premises, furniture, and equipment 131,952 140,907
Accrued interest receivable 28,883 29,953
Investment in bank-owned life insurance (“BOLI”) 198,149 197,644
Goodwill and other intangible assets 284,120 286,033
Other assets 189,122 203,192
Total assets 8,129,391 8,138,302
Liabilities    
Demand deposits 1,494,390 1,329,505
Savings deposits 937,839 871,166
NOW accounts 1,087,945 1,073,211
Money market deposits 1,211,155 1,245,610
Time deposits 1,764,220 1,991,984
Total deposits 6,495,549 6,511,476
Borrowed funds 272,024 303,974
Subordinated debt 137,748 137,744
Accrued interest payable and other liabilities 82,479 73,063
Total liabilities 6,987,800 7,026,257
Stockholders’ Equity    
Preferred stock 191,220 190,882
Common stock 858 858
Additional paid-in capital 424,877 437,550
Retained earnings 802,072 787,678
Accumulated other comprehensive loss, net of tax (15,339) (27,739)
Treasury stock, at cost (262,097) (277,184)
Total stockholders’ equity 1,141,591 1,112,045
Total liabilities and stockholders’ equity $ 8,129,391 $ 8,138,302
[1] Trading securities held by the Company represent diversified investment securities held in a grantor trust under deferred compensation arrangements in which plan participants may direct amounts earned to be invested in securities other than Company stock.