Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value Measurements [Abstract]

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

	Fair Value Measurements Using						Total at
As of September 30, 2011	Level 1		Level 2		Level 3		Fair Value
	(In thousands)
Assets
Securities available-for-sale
U.S. government sponsored entities	$	—	$	351,448	$	—	$	351,448
State and municipal securities		—		1,887		—		1,887
Mortgage-backed securities		—		221,018		—		221,018
Collateralized mortgage obligations		—		18,685		—		18,685
Asset-backed securities		—		171		—		171
Corporate debt securities		—		407,429		—		407,429
Mutual funds		6,079		—		—		6,079
Preferred stock of government sponsored entities		—		2,352		—		2,352
Trust preferred securities		46,074		—		—		46,074
Other equity securities		2,228		—		—		2,228
Total securities available-for-sale		54,381		1,002,990		—		1,057,371
Trading securities		152,462		4,515		—		156,977
Warrants		—		—		47		47
Option contracts		—		161		—		161
Foreign exchange contracts		—		1,196		—		1,196
Total assets	$	206,843	$	1,008,862	$	47	$	1,215,752
Liabilities
Interest rate swaps	$	—	$	3,928	$	—	$	3,928
Option contracts		—		501		—		501
Foreign exchange contracts		—		3,904		—		3,904
Total liabilities	$	—	$	8,333	$	—	$	8,333

	Fair Value Measurements Using						Total at
As of December 31, 2010	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 debt securities		—		369,425		—		369,425
Mutual funds		3,927		—		—		3,927
Preferred stock of government sponsored entities		—		719		—		719
Trust preferred securities		14,437		—		—		14,437
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 September 30, 2011								Total Losses/(Gains)
	Fair value measurements using								For the three months ended					For the nine months ended
	Level 1		Level 2		Level 3		Total at fair  value		September 30, 2011		September 30, 2010			September 30, 2011		September 30, 2010
	(In thousands)
Assets
Impaired loans by type:
Commercial loans	$	—	$	—	$	16,609	$	16,609	$	—	$	2,642		$	1,868	$	4,079
Construction loans- residential		—		—		—		—		—		1,009			—		4,635
Construction loans- other		—		—		—		—		—		7,188			—		21,919
Real estate loans		—		—		37,387		37,387		—		(127	)		532		17,485
Land loans		—		—		904		904		—		6,638			—		9,728
Residential mortgage loans		—		—		10,219		10,219		73		87			73		915
Total impaired loans		—		—		65,119		65,119		73		17,437			2,473		58,761
Loans held-for-sale		—		—		1,276		1,276		—		176			—		3,160
Other real estate owned (1)		—		71,462		1,054		72,516		4,125		(425	)		6,505		1,739
Investments in venture capital		—				8,636		8,636		50		231			337		553
Equity investments		323		—		—		323		199		—			199		—
Total assets	$	323	$	71,462	$	76,085	$	147,870	$	4,447	$	17,419		$	9,514	$	64,213

(1) Other real estate owned balance of $94.3 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.