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Consolidated Statement of Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST INCOME      
Interest and fees on loans $ 582,739 $ 608,487 $ 752,265
Interest and dividends on investment securities      
Taxable 123,371 155,031 189,157
Tax exempt 29,937 33,915 35,799
Other interest 5,575 8,693 4,035
Total interest income 741,622 806,126 981,256
INTEREST EXPENSE      
Interest on deposits 65,748 106,023 160,874
Interest on short-term funding 12,411 7,983 16,199
Interest on long-term funding 50,632 58,341 78,178
Total interest expense 128,791 172,347 255,251
NET INTEREST INCOME 612,831 633,779 726,005
Provision for loan losses 52,000 390,010 750,645
Net interest income (loss) after provision for loan losses 560,831 243,769 (24,640)
NONINTEREST INCOME      
Trust service fees 39,145 37,853 36,009
Service charges on deposit accounts 75,908 96,740 116,918
Card-based and other nondeposit fees 57,905 59,299 55,077
Retail commission income 62,784 61,256 60,678
Mortgage banking, net 12,723 33,136 40,882
Capital market fees, net 8,711 6,072 5,536
Bank owned life insurance income 14,896 15,761 16,032
Asset sale gains (losses), net (2,849) (2,004) (4,071)
Investment securities gains (losses), net:      
Realized gains (losses), net (228) 28,854 11,705
Other-than-temporary impairments (2,417) (6,058) (4,406)
Less: Non-credit portion recognized in other comprehensive income (before taxes) 1,533 2,121 1,475
Total investment securities gains (losses), net (1,112) 24,917 8,774
Other 14,358 12,493 15,126
Total noninterest income 282,469 345,523 350,961
NONINTEREST EXPENSE      
Personnel expense 358,295 323,249 304,390
Occupancy 55,939 49,937 49,341
Equipment 19,873 18,371 18,385
Data processing 32,475 29,714 30,893
Business development and advertising 23,038 18,385 18,033
Other intangible amortization 4,714 4,919 5,543
Loan expense 12,008 9,965 10,186
Legal and professional fees 18,205 20,439 19,562
Losses other than loans 17,921 14,793 16,954
Foreclosure/OREO expense 30,743 33,844 38,129
FDIC expense 28,484 46,377 41,934
Other 58,178 60,327 58,070
Total noninterest expense 659,873 630,320 611,420
Income (loss) before income taxes 183,427 (41,028) (285,099)
Income tax expense (benefit) 43,728 (40,172) (153,240)
Net income (loss) 139,699 (856) (131,859)
Preferred stock dividends and discount accretion 24,830 29,531 29,348
Net income (loss) available to common equity $ 114,869 $ (30,387) $ (161,207)
Earnings (loss) per common share:      
Basic $ 0.66 $ (0.18) $ (1.26)
Diluted $ 0.66 $ (0.18) $ (1.26)
Average common shares outstanding:      
Basic 173,370 171,230 127,858
Diluted 173,372 171,230 127,858