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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 178,973 $ 139,699 $ (856)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for loan losses 3,000 52,000 390,010
Depreciation and amortization 43,611 33,628 30,108
Addition to valuation allowance on mortgage servicing rights, net 2,383 7,403 3,067
Amortization of mortgage servicing rights 23,348 25,830 22,942
Amortization of other intangible assets 4,195 4,714 4,919
Amortization and accretion on earning assets, funding, and other, net 55,101 65,670 62,714
Deferred income taxes 54,294 34,742 50,808
Tax impact of stock-based compensation (785) (2,345) 11
(Gain) loss on sales of investment securities, net, and impairment write-downs (4,261) 1,112 (24,917)
Loss on sales of assets and impairment write-downs, net 12,096 12,199 12,065
Gain on mortgage banking activities, net (60,312) (31,628) (34,967)
Mortgage loans originated and acquired for sale (2,797,431) (1,855,037) (2,314,557)
Proceeds from sales of mortgage loans held for sale 2,822,000 1,764,801 2,259,789
Decrease in interest receivable 534 5,062 13,466
Decrease in interest payable (5,723) (1,232) (4,051)
Net change in other assets and other liabilities 19,461 53,169 38,871
Net cash provided by operating activities 350,484 309,787 509,422
CASH FLOWS FROM INVESTING ACTIVITIES      
Net (increase) decrease in loans (1,637,901) (1,754,499) 616,608
Purchases of:      
Investment securities (2,131,026) (777,309) (3,369,225)
Premises, equipment, and software, net of disposals (83,973) (76,648) (34,595)
Other assets (5,968) (3,061) (15,516)
Proceeds from:      
Sales of investment securities 299,782 176,267 971,662
Calls and maturities of investment securities 1,723,504 1,776,245 2,027,847
Sales, prepayments, calls, and maturities of other assets 70,920 50,417 67,400
Sales of loans originated for investment 130,940 136,051 352,589
Net cash provided by (used in) investing activities (1,633,722) (472,537) 616,770
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 1,969,055 (134,738) (1,503,220)
Net decrease in deposits due to branch sales (113,622) 0 0
Net increase (decrease) in short-term funding (187,546) 767,103 520,529
Repayment of long-term funding (311,621) (670,104) (940,361)
Proceeds from issuance of long-term funding 154,738 432,504 400,000
Proceeds from issuance of common stock 0 0 478,358
Proceeds from issuance of preferred stock 0 63,272 0
Redemption of preferred stock 0 (525,000) 0
Cash dividends on common stock (39,634) (6,977) (6,948)
Cash dividends on preferred stock (5,200) (14,218) (26,250)
Purchase of treasury stock (61,654) (659) (830)
Net cash provided by (used in) financing activities 1,404,516 (88,817) (1,078,722)
Net increase (decrease) in cash and cash equivalents 121,278 (251,567) 47,470
Cash and cash equivalents at beginning of period 616,595 868,162 820,692
Cash and cash equivalents at end of period 737,873 616,595 868,162
Supplemental disclosures of cash flow information:      
Cash paid for interest 97,938 129,720 175,776
Cash received for income taxes (9,722) (10,839) (93,723)
Loans and bank premises transferred to other real estate owned 39,511 48,752 49,427
Capitalized mortgage servicing rights $ 23,528 $ 17,476 $ 26,165