Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Calculations for basic and diluted earnings per common share

	For the three months ended						For the six months ended
	June 30,						June 30,
	2011			2010			2011			2010
				(In Thousands, except per share data)
Net income (loss)	$	34,382		$	(2,779	)	$	57,235		$	(29,168	)
Preferred stock dividends and discount accretion		(8,812	)		(7,377	)		(16,225	)		(14,742	)
Net income (loss) available to common equity	$	25,570		$	(10,156	)	$	41,010		$	(43,910	)
Common shareholder dividends		(1,733	)		(1,729	)		(3,466	)		(3,457	)
Unvested share-based payment awards		(12	)		(7	)		(21	)		(15	)
Undistributed earnings	$	23,825		$	(11,892	)	$	37,523		$	(47,382	)
Basic
Distributed earnings to common shareholders	$	1,733		$	1,729		$	3,466		$	3,457
Undistributed earnings to common shareholders		23,668			(11,892	)		37,293			(47,382	)
Total common shareholders earnings, basic	$	25,401		$	(10,163	)	$	40,759		$	(43,925	)
Diluted
Distributed earnings to common shareholders	$	1,733		$	1,729		$	3,466		$	3,457
Undistributed earnings to common shareholders		23,668			(11,892	)		37,293			(47,382	)
Total common shareholders earnings, diluted	$	25,401		$	(10,163	)	$	40,759		$	(43,925	)
Weighted average common shares outstanding		173,323			172,921			173,268			169,401
Effect of dilutive common stock awards		4			—			4			—
Diluted weighted average common shares outstanding		173,327			172,921			173,272			169,401
Basic earnings (loss) per common share	$	0.15		$	(0.06	)	$	0.24		$	(0.26	)
Diluted earnings (loss) per common share	$	0.15		$	(0.06	)	$	0.24		$	(0.26	)