Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2011

Fair Value Measurements

Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis

As of June 30, 2011	Fair Value Measurements Using						Total at
	Level 1		Level 2		Level 3		Fair Value
	(In thousands)
Assets
Securities available-for-sale
U.S. Treasury securities	$	121,982	$	—	$	—	$	121,982
U.S. government sponsored entities		—		209,852		—		209,852
State and municipal securities		—		1,812		—		1,812
Mortgage-backed securities		—		400,320		—		400,320
Collateralized mortgage obligations		—		20,315		—		20,315
Asset-backed securities		—		183		—		183
Corporate bonds		—		335,833		—		335,833
Mutual funds		3,967		—		—		3,967
Preferred stock of government sponsored entities		—		3,383		—		3,383
Trust preferred securities		26,461		—		—		26,461
Other foreign debt securities		—		57,366		—		57,366
Other equity securities		3,030		—		—		3,030
Total securities available-for-sale		155,440		1,029,064		—		1,184,504
Trading securities		3		4,596		—		4,599
Warrants		—		—		58		58
Option contracts		—		129		—		129
Foreign exchange contracts		—		1,737		—		1,737
Total assets	$	155,443	$	1,035,526	$	58	$	1,191,027
Liabilities
Interest rate swaps	$	—	$	5,344	$	—	$	5,344
Option contracts		—		46		—		46
Foreign exchange contracts		—		391		—		391
Total liabilities	$	—	$	5,781	$	—	$	5,781

As of December 31, 2010	Fair Value Measurements Using						Total at
	Level 1		Level 2		Level 3		Fair Value
	(In thousands)
Assets
Securities available-for-sale
U.S. Treasury securities	$	118,828	$	—	$	—	$	118,828
U.S. government sponsored entities		—		825,082		—		825,082
State and municipal securities		—		1,718		—		1,718
Mortgage-backed securities		—		642,305		—		642,305
Collateralized mortgage obligations		—		25,194		—		25,194
Asset-backed securities		—		240		—		240
Corporate bonds		—		331,991		—		331,991
Mutual funds		3,927		—		—		3,927
Preferred stock of government sponsored entities		—		719		—		719
Trust preferred securities		14,437		—		—		14,437
Other foreign debt securities		—		37,434		—		37,434
Other equity securities		1,692		—		—		1,692
Total securities available-for-sale		138,884		1,864,683		—		2,003,567
Trading securities		23		3,795		—		3,818
Warrants		—		—		40		40
Option contracts		—		106		—		106
Foreign exchange contracts		—		4,629		—		4,629
Total assets	$	138,907	$	1,873,213	$	40	$	2,012,160
Liabilities
Interest rate swaps	$	—	$	6,508	$	—	$	6,508
Option contracts		—		72		—		72
Foreign exchange contracts		—		1,873		—		1,873
Total liabilities	$	—	$	8,453	$	—	$	8,453

Schedule Of Level Of Valuation Assumptions Used To Determine Each Adjustment And The Carrying Value Of The Related Individual Assets And The Total Losses On a Nonrecurring Basis

	As of June 30, 2011								Total Losses
	Fair Value Measurements Using						Total at		For the Three Months Ended				For the Six Months Ended
	Level 1		Level 2		Level 3		Fair Value		June 30, 2011		June 30, 2010		June 30, 2011		June 30, 2010
	(In thousands)
Assets
Impaired loans by type:
Commercial loans	$	—	$	—	$	19,636	$	19,636	$	488	$	6,428	$	1,103	$	16,033
Construction loans- residential		—		—		500		500		—		2,412		—		6,669
Construction loans- other		—		—		—		—		—		1,306		—		16,749
Real estate loans		—		—		41,372		41,372		443		7,208		532		17,299
Land loans		—		—		265		265		—		1,003		—		3,776
Residential mortgage loans		—		—		11,322		11,322		—		458		142		1,036
Total impaired loans		—		—		73,095		73,095		931		18,815		1,777		61,562
Loans held-for-sale		—		—		1,637		1,637		—		699		—		2,984
Other real estate owned (1)		—		61,044		7,817		68,861		2,086		875		2,380		2,164
Investments in venture capital		—		—		8,538		8,538		14		77		287		322
Equity investments		522		—		—		522		—		—		—		—
Total assets	$	522	$	61,044	$	91,087	$	152,653	$	3,031	$	20,466	$	4,444	$	67,032

(1) Other real estate owned balance of $74.2 million in the consolidated balance sheet is net of estimated disposal costs.

	As of December 31, 2010								Total Losses
	Fair Value Measurements Using						Total at		For the Twelve Months Ended
	Level 1		Level 2		Level 3		Fair Value		December 31, 2010		December 31, 2009
	(In thousands)
Assets
Impaired loans by type:
Commercial loans	$	—	$	—	$	4,824	$	4,824	$	3,411	$	16,293
Construction loans- residential		—		—		500		500		1,295		23,234
Construction loans- other		—		—		5,659		5,659		—		12,493
Real estate loans		—		—		99,309		99,309		1,407		27,350
Land loans		—		—		730		730		1,003		11,639
Total impaired loans		—		—		111,022		111,022		7,116		91,009
Loans held-for-sale		—		—		2,873		2,873		3,160		19,252
Other real estate owned (1)		—		72,159		11,105		83,264		20,139		28,216
Investments in venture capital		—		—		8,410		8,410		760		1,982
Equity investments		522		—		—		522		304		—
Total assets	$	522	$	72,159	$	133,410	$	206,091	$	31,479	$	140,459

(1) Other real estate owned balance of $77.7 million in the consolidated balance sheet is net of estimated disposal costs.