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Consolidated Statements of Financial Condition (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Cash and due from banks$ 116,003$ 102,495
Interest-bearing deposits in other banks946,330483,281
Trading securities, at fair value13,308[1]15,282[1]
Securities available-for-sale, at fair value970,4301,057,802
Securities held-to-maturity, at amortized cost74,37581,320
Federal Home Loan Bank and Federal Reserve Bank stock, at cost58,18761,338
Loans, excluding covered loans5,104,4945,100,560
Covered loans289,747[2]371,729[2]
Allowance for loan losses(128,791)(142,572)
Net loans5,265,4505,329,717
Other real estate owned (“OREO”), excluding covered OREO23,86331,069
Covered OREO21,59422,370
Federal Deposit Insurance Corporation (“FDIC”) indemnification asset63,50895,899
Premises, furniture, and equipment132,425140,907
Accrued interest receivable31,04729,953
Investment in bank-owned life insurance (“BOLI”)205,886197,644
Goodwill and other intangible assets283,163286,033
Other assets174,605203,192
Total assets8,380,1748,138,302
Liabilities  
Noninterest-bearing deposits1,634,6231,329,505
Interest-bearing deposits4,991,9855,181,971
Total deposits6,626,6086,511,476
Borrowed funds386,429303,974
Subordinated debt137,751137,744
Accrued interest payable and other liabilities76,95373,063
Total liabilities7,227,7417,026,257
Stockholders’ Equity  
Preferred stock191,393190,882
Common stock858858
Additional paid-in capital425,647437,550
Retained earnings807,857787,678
Accumulated other comprehensive loss, net of tax(11,413)(27,739)
Treasury stock, at cost(261,909)(277,184)
Total stockholders’ equity1,152,4331,112,045
Total liabilities and stockholders’ equity$ 8,380,174$ 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.
[2]For information on covered loans, refer to Note 5, "Covered Assets."