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Investment Securities (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]    
Schedule Of Investment Securities
Investment securities at September 30, 2013, were as follows:
 
Securities Available-for-Sale (In thousands)
 
Amortized
Cost
 
Gross
Unrealized
Holding 
Gains
 
Gross
Unrealized
Holding 
Losses
 
Estimated 
Fair Value
Obligations of U.S. Treasury and other U.S. Government sponsored entities
 
$
645,631

 
$
115

 
$
40,001

 
$
605,745

Obligations of states and political subdivisions
 
220

 
1

 

 
221

U.S. Government sponsored entities' asset-backed securities
 
519,917

 
10,330

 
9,222

 
521,025

Other equity securities
 
1,120

 
1,372

 

 
2,492

Total
 
$
1,166,888

 
$
11,818

 
$
49,223

 
$
1,129,483

 
Securities Held-to-Maturity (In thousands)
 
Amortized
Cost
 
Gross
Unrecognized
Holding 
Gains
 
Gross
Unrecognized
Holding 
Losses
 
Estimated
Fair Value
Obligations of states and political subdivisions
 
$
240

 
$
1

 
$

 
$
241

U.S. Government sponsored entities' asset-backed securities
 
193,757

 
5,958

 
15

 
199,700

Total
 
$
193,997

 
$
5,959

 
$
15

 
$
199,941

Investment securities at December 31, 2012, were as follows:
 
Securities Available-for-Sale (In thousands)
 
Amortized 
cost
 
Gross
unrealized
holding gains
 
Gross
unrealized
holding losses
 
Estimated
fair value
Obligations of U.S. Treasury and other U.S. Government sponsored entities
 
$
695,655

 
$
1,352

 
$
1,280

 
$
695,727

Obligations of states and political subdivisions
 
984

 
19

 

 
1,003

U.S. Government sponsored entities' asset-backed securities
 
401,882

 
14,067

 
447

 
415,502

Other equity securities
 
1,137

 
1,085

 

 
2,222

Total
 
$
1,099,658

 
$
16,523

 
$
1,727

 
$
1,114,454

 
Securities Held-to-Maturity (In thousands)
 
Amortized 
cost
 
Gross
unrecognized
holding gains
 
Gross
unrecognized
holding losses
 
Estimated
fair value
Obligations of states and political subdivisions
 
$
570

 
$
2

 
$

 
$
572

U.S. Government sponsored entities' asset-backed securities
 
400,820

 
9,351

 
38

 
410,133

Total
 
$
401,390

 
$
9,353

 
$
38

 
$
410,705

Schedule Of Unrealized Loss On Securities
Securities with unrealized losses at September 30, 2013, were as follows:
 
 
 
Unrealized loss position for less than 12 months
 
Unrealized loss position for 12 months or longer
 
Total
(In thousands)
 
Fair value
 
Unrealized
losses
 
Fair value
 
Unrealized
losses
 
Fair
value
 
Unrealized
losses
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. Treasury and other U.S. Government agencies
 
$
580,631

 
$
40,001

 
$

 
$

 
$
580,631

 
$
40,001

U.S. Government agencies' asset-backed securities
 
$
261,211

 
$
9,222

 
$

 
$

 
$
261,211

 
$
9,222

Total
 
$
841,842

 
$
49,223

 
$

 
$

 
$
841,842

 
$
49,223

Securities Held-to-Maturity
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government sponsored entities' asset-backed securities
 
$
5,817

 
$
15

 
$

 
$

 
$
5,817

 
$
15

Securities with unrealized losses at December 31, 2012, were as follows:
 
 
 
Unrealized loss position for less than 12 months
 
Unrealized loss position for 12 months or longer
 
Total
(In thousands)
 
Fair value
 
Unrealized
losses
 
Fair value
 
Unrealized
losses
 
Fair value
 
Unrealized
losses
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. Treasury and other U.S. Government sponsored entities
 
$
177,470

 
$
1,280

 
$

 
$

 
$
177,470

 
$
1,280

U.S. Government sponsored entities' asset-backed securities
 
123,631

 
447

 

 

 
123,631

 
447

Total
 
$
301,101

 
$
1,727

 
$

 
$

 
$
301,101

 
$
1,727

Securities Held-to-Maturity
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government sponsored entities' asset-backed securities
 
$
10,120

 
$
38

 
$

 
$

 
$
10,120

 
$
38

Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity
The amortized cost and estimated fair value of investments in debt securities at September 30, 2013, are shown in the following table by contractual maturity or the expected call date, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments.
 
Securities Available-for-Sale (In thousands)
 
Amortized
cost
 
Fair value
U.S. Treasury and sponsored entities' obligations:
 
 

 
 

Due within one year
 
$
25,000

 
$
25,115

Due one through five years
 
100,000

 
96,715

Due five through ten years
 
396,881

 
372,909

Due in over ten years
 
123,750

 
111,006

Total
 
$
645,631

 
$
605,745

 
 
 
 
 
Obligations of states and political subdivisions:
 
 

 
 

Due within one year
 
$
220

 
$
221

 
 
 
 
 
U.S. Government sponsored entities' asset-backed securities:
 
$
519,917

 
$
521,025

 
Securities Held-to-Maturity (In thousands)
 
Amortized
cost
 
Fair value
Obligations of state and political subdivisions:
 
 

 
 

Due within one year
 
$
240

 
$
241

 
 
 
 
 
U.S. Government sponsored entities' asset-backed securities
 
$
193,757

 
$
199,700