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Condensed Consolidated Statements Of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities    
Net income/(loss) $ 46,666,000 $ (23,517,000)
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Provision for loan losses 16,000,000 129,000,000
Provision for losses on other real estate owned 4,315,000 6,189,000
Deferred tax liability/(benefit) 9,064,000 (20,403,000)
Depreciation 3,050,000 4,074,000
Net gains on sale and transfer of other real estate owned (4,522,000) (4,019,000)
Net gains on sale of loans held-for-sale (1,259,000) (149,000)
Proceeds from sale of loans held-for-sale 16,068,000 12,681,000
Originations of loans held-for-sale (10,992,000) (7,332,000)
Write-downs on loans held-for-sale   2,984,000
Write-downs on venture capital investments 57,000 199,000
Gain on sales and calls of securities (11,410,000) (8,695,000)
(Decrease)/increase in unrealized loss from interest rate swaps (1,164,000) 5,180,000
Amortization/accretion of security premiums/discounts, net 1,952,000 2,375,000
Amortization of intangibles 2,983,000 3,031,000
Excess tax short-fall from share-based payment arrangements 271,000 99,000
Stock based compensation expense 871,000 1,915,000
Decrease in accrued interest receivable 3,451,000 465,000
(Increase)/decrease in other assets, net (6,533,000) 7,384,000
Increase/(decrease) in other liabilities 8,346,000 (3,321,000)
Net cash provided by operating activities 77,214,000 108,140,000
Cash Flows from Investing Activities    
Decrease/(increase) in short-term investments 110,261,000 (157,237,000)
Increase in securities purchased under agreements to resell (145,000,000)  
Purchase of investment securities available-for-sale (56,758,000) (2,116,683,000)
Proceeds from maturity and calls of investment securities available-for-sale 275,000,000 1,486,740,000
Proceeds from sale of investment securities available-for-sale 367,465,000 59,526,000
Purchase of mortgage-backed securities available-for-sale (278,044,000)  
Proceeds from repayment and sale of mortgage-backed securities available-for-sale 531,279,000 798,823,000
Purchase of investment securities held-to-maturity   (19,965,000)
Purchase of mortgage-backed securities held-to-maturity (480,083,000)  
Proceeds from maturity and call of investment securities held-to-maturity 47,321,000 20,141,000
Redemption of Federal Home Loan Bank stock 5,114,000 2,645,000
Net increase in loans (124,993,000) (37,368,000)
Purchase of premises and equipment (1,670,000) (2,181,000)
Proceeds from sale of other real estate owned 42,669,000 5,507,000
Net increase in investment in affordable housing (704,000) (2,818,000)
Net cash provided by investing activities 291,857,000 37,130,000
Cash Flows from Financing Activities    
Net increase in demand deposits, NOW accounts, money market and savings deposits 20,013,000 119,735,000
Net increase/(decrease) in time deposits 97,600,000 (338,664,000)
Net decrease in federal funds purchased and securities sold under agreements to repurchase (102,000,000) (1,500,000)
Advances from Federal Home Loan Bank 1,043,001,000 174,000,000
Repayment of Federal Home Loan Bank borrowings (1,390,501,000) (239,000,000)
PaymentsOfDividendsCommonStock (1,572,000) (1,570,000)
Dividends paid on preferred stock (6,450,000) (6,751,000)
Issuance of common stock   124,922,000
Proceeds from other borrowings 10,931,000 1,139,000
Proceeds from shares issued under Dividend Reinvestment Plan 109,000 146,000
Proceeds from exercise of stock options 1,306,000  
Excess tax short-fall from share-based payment arrangements (271,000) (99,000)
Net cash used in financing activities (327,834,000) (167,642,000)
Increase/(decrease) in cash and cash equivalents 41,237,000 (22,372,000)
Cash and cash equivalents, beginning of the period 87,347,000 100,124,000
Cash and cash equivalents, end of the period 128,584,000 77,752,000
Supplemental disclosure of cash flow information    
Interest 76,718,000 104,582,000
Income taxes paid/(refund) 30,750,000 (6,942,000)
Non-cash investing and financing activities:    
Net change in unrealized holding gain on securities available-for-sale, net of tax 5,403,000 25,106,000
Loans to facilitate sale of loans 6,094,000 23,500,000
Transfers to other real estate owned 41,502,000 50,208,000
Transfers to other real estate owned from loans held-for-sale 2,873,000 19,495,000
Loans transferred from investment to held for sale 4,025,000  
Loans to facilitate the sale of other real estate owned $ 6,825,000 $ 8,409,000