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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended 18 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Interest income:            
Loans     $ 1,459,720 $ 1,458,706 $ 1,478,750  
Money market investments     16,428 7,243 4,224  
Investment securities     152,011 126,064 132,631  
Trading account securities     6,414 11,001 17,938  
Total interest income     1,634,573 1,603,014 1,633,543  
Interest expense:            
Deposits     127,577 107,533 105,087  
Short-term borrowings     7,812 7,512 67,376  
Long-term debt     77,129 78,986 516,008  
Total interest expense     212,518 194,031 688,471  
Net interest income     1,422,055 1,408,983 945,072  
Provision for loan losses     170,016 241,478 263,369  
Net interest income after provision for loan losses     1,252,039 1,167,505 674,938  
Service charges on deposit accounts     160,836 160,108 158,637  
Other service fees     234,770 236,090 225,265  
Mortgage banking activities     56,538 81,802 30,615  
Sale and valuation adjustments of investment securities     1,962 141 (870)  
Other-than-temporary impairment on investment securities     (209) (14,445) 0  
Trading account profit     (785) (4,723) 4,358  
Net (loss) gain on sale of loans, including valuation adjustments on loans held-for-sale     8,245 542 40,591  
Adjustments (expense) to indemnity reserves on loans sold     (17,285) (18,628) (40,629)  
FDIC loss share (expense) income     (207,779) 20,062 (103,024)  
Other operating income     61,643 58,592 71,572  
Total non-interest income     297,936 519,541 386,515  
Operating expenses:            
Personnel costs     487,476 477,519 418,679  
Net occupancy expenses     85,653 86,888 86,707  
Equipment expenses     62,225 60,110 48,917  
Other taxes     42,304 39,797 56,918  
Professional Fees     323,043 308,985 282,055  
Communications     23,897 25,146 25,684  
Business promotion     53,014 52,076 54,016  
FDIC deposit insurance     24,512 27,626 40,307  
Loss on early extinguishment of debt     0 0 532  
Other real estate owned (O R E O) expenses     47,119 85,568 49,611  
Other operating expenses     90,447 95,075 95,373  
Amortization of intangibles     12,144 11,019 8,160  
Goodwill impairment charge     3,801 0 0  
Restructuring Costs     0 18,412 26,725 $ 45,100
Total operating expenses     1,255,635 1,288,221 1,193,684  
Income from continuing operations before income tax     294,340 398,825 (132,231)  
Income tax expense     78,784 (495,172) 58,279  
Income from continuing operations     215,556 893,997 (190,510)  
Income from discontinued operations, net of tax     1,135 1,347 (122,980)  
Net Income     216,691 895,344 (313,490)  
Net income applicable to common stock     $ 212,968 $ 891,621 $ (317,213)  
Net income from continuing operations - Basic     $ 2.05 $ 8.65 $ (1.88)  
Net income from discontinued operations - Basic     0.01 0.01 (1.2)  
Net Income per Common Share - Basic     2.06 8.66 (3.08)  
Net income from continuing operations - Diluted     2.05 8.64 (1.88)  
Net income from discontinued operations - Diluted     0.01 0.01 (1.2)  
Net Income per Common Share - Diluted     2.06 8.65 (3.08)  
Dividends Declared per Common Share $ 0.25 $ 0.15 $ 0.6 $ 0.3 $ 0  
Non Covered Under Loss Sharing Agreements with FDIC            
Interest expense:            
Provision for loan losses     $ 171,126 $ 217,458 $ 223,999  
Covered Under Loss Sharing Agreements With FDIC Member            
Interest expense:            
Provision for loan losses     $ (1,110) $ 24,020 $ 46,135