Fair Values Of Assets And Liabilities (Tables)

6 Months Ended

Jun. 30, 2011

Fair Values Of Assets And Liabilities

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

	June 30, 2011
(Dollars in thousands)	Total		Level 1		Level 2		Level 3
Available-for-sale securities
U.S. Treasury	$	100,737	$	—	$	100,737	$	—
U.S. Government agencies		683,690		—		683,690		—
Municipal		49,457		—		24,932		24,525
Corporate notes and other		214,252		—		197,939		16,313
Mortgage-backed		365,323		—		362,639		2,684
Equity securities (1)		42,967		—		12,076		30,891
Trading account securities		509		—		337		172
Mortgage loans held-for-sale		133,083		—		133,083		—
Mortgage servicing rights		8,762		—		—		8,762
Nonqualified deferred compensations assets		4,564		—		4,564		—
Derivative assets		20,996		—		20,996		—
Total	$	1,624,340	$	—	$	1,540,993	$	83,347
Derivative liabilities	$	30,589	$	—	$	30,589	$	—
	June 30, 2010
(Dollars in thousands)	Total		Level 1		Level 2		Level 3
Available-for-sale securities
U.S. Treasury	$	117,013	$	—	$	117,013	$	—
U.S. Government agencies		796,937		—		796,937		—
Municipal		51,892		—		37,864		14,028
Corporate notes and other		74,995		—		63,643		11,352
Mortgage-backed		341,550		—		196,219		145,331
Equity securities (1)		35,648		—		8,757		26,891
Trading account securities		38,261		53		1,399		36,809
Mortgage loans held-for-sale		222,703		—		222,703		—
Mortgage servicing rights		5,347		—		—		5,347
Nonqualified deferred compensations assets		3,135		—		3,135		—
Derivative assets		16,450		—		16,450		—
Total	$	1,703,931	$	53	$	1,464,120	$	239,758
Derivative liabilities	$	35,656	$	—	$	35,656	$	—

(1) Excludes the common securities issued by trusts formed by the Company in conjunction with Trust Preferred Securities offerings.

Summary Of Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis

(Dollars in thousands)	Municipal			Corporate notes and other debt			Mortgage- backed			Equity securities		Trading Account Securities			Mortgage servicing rights
Balance at March 31, 2011	$	15,594		$	9,713		$	2,723		$	28,745	$	640		$	9,448
Total net gains (losses) included in:
Net income (1)		—			(146	)		(39	)		—		—			(686	)
Other comprehensive income		(748	)		—			—			346		—			—
Purchases		5,181			6,746			—			1,800		—			—
Issuances		—			—			—			—		—			—
Sales		(5	)		—			—			—		(468	)		—
Settlements		—			—			—			—		—			—
Net transfers into Level 3 (2)		4,503			—			—			—		—			—
Balance at June 30, 2011	$	24,525		$	16,313		$	2,684		$	30,891	$	172		$	8,762
Balance at January 1, 2011	$	16,416		$	9,841		$	2,460		$	28,672	$	4,372		$	8,762
Total net gains (losses) included in:
Net income (1)		—			(274	)		(53	)		—		—			—
Other comprehensive income		(748	)		—			—			419		—			—
Purchases		9,138			6,746			277			1,800		—			—
Issuances		—			—			—			—		—			—
Sales		(4,784	)		—			—			—		(4,200	)		—
Settlements		—			—			—			—		—			—
Net transfers into Level 3 (2)		4,503			—			—			—		—			—
Balance at June 30, 2011	$	24,525		$	16,313		$	2,684		$	30,891	$	172		$	8,762

(1) Income for Corporate notes and other debt, and mortgage-backed are recognized as a component of interest income on securities. Additionally, changes in the balance of mortgage servicing rights are recorded as a component of mortgage banking revenue in non-interest income.

(2) The transfer of Municipal securities into Level 3 is the result of the use of unobservable inputs that reflect the Company's own assumptions that market participants would use in pricing these securities.

The changes in Level 3 assets and liabilities measured at fair value on a recurring basis during the three and six months ended June 30, 2010 are summarized as follows:

(Dollars in thousands)	Municipal			Corporate notes and other debt			Mortgage- backed			Equity securities		Trading Account Securities			Mortgage servicing rights			Retained interests
Balance at March 31, 2010	$	15,134		$	11,582		$	154,469		$	26,800	$	37,895		$	6,602		$	—
Total net gains (losses) included in:
Net income (1)		—			(38	)		—			—		(1,086	)		(1,165	)		—
Other comprehensive income		—			(192	)		6,500			—		—			—			—
Purchases, issuances, sales and settlements, net		(1,106	)		—			(16,372	)		91		—			—			—
Net transfers into/ (out) of Level 3		—			—			734			—		—			—			—
Balance at June 30, 2010	$	14,028		$	11,352		$	145,331		$	26,891	$	36,809		$	5,437		$	—
Balance at January 1, 2010	$	17,152		$	51,194		$	158,449		$	26,800	$	31,924		$	6,745		$	43,541
Total net gains (losses) included in:
Net income (1)		—			(33	)		—			—		4,885			(1,308	)		—
Other comprehensive income		—			835			2,520			—		—			—			—
Purchases, issuances, sales and settlements, net		(3,124	)		(40,644	)		(16,372	)		91		—			—			(43,541	)
Net transfers into/ (out) of Level 3		—			—			734			—		—			—			—
Balance at June 30, 2010	$	14,028		$	11,352		$	145,331		$	26,891	$	36,809		$	5,437		$	—

(1) Income for Corporate notes and other debt is recognized as a component of interest income on securities. Additionally, income for trading account securities is recognized as a component of trading income in non-interest income and trading account securities interest income. Changes in the balance of mortgage servicing rights are recorded as a component of mortgage banking revenue in non-interest income.

Summary Of Assets Measured At Fair Value On A Nonrecurring Basis

	June 30, 2011								Three Months Ended June 30, 2011 Fair Value Losses Recognized		Six Months Ended June 30, 2011 Fair Value Losses Recognized
(Dollars in thousands)	Total		Level 1		Level 2		Level 3
Impaired loans	$	225,853	$	—	$	—	$	225,853	$	18,466	$	30,584
Other real estate owned		82,772		—		—		82,772		7,422		13,615
Mortgage loans held-for-sale, at lower of cost or market		5,881		—		5,881		—		—		(358	)
Total	$	314,506	$	—	$	5,881	$	308,625	$	25,888	$	43,841

Summary Of Carrying Amounts And Estimated Fair Values Of Financial Instruments

	At June 30, 2011				At December 31, 2010
(Dollars in thousands)	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial Assets:
Cash and cash equivalents	$	184,068	$	184,068	$	172,580	$	172,580
Interest bearing deposits with banks		990,308		990,308		865,575		865,575
Available-for-sale securities		1,456,426		1,456,426		1,496,302		1,496,302
Trading account securities		509		509		4,879		4,879
Brokerage customer receivables		29,736		29,736		24,549		24,549
Federal Home Loan Bank and Federal Reserve Bank stock, at cost		86,761		86,761		82,407		82,407
Mortgage loans held-for-sale, at fair value		133,083		133,083		356,662		356,662
Mortgage loans held-for-sale, at lower of cost or market		5,881		5,946		14,785		14,841
Total loans		10,333,746		10,715,086		9,934,239		10,088,429
Mortgage servicing rights		8,762		8,762		8,762		8,762
Nonqualified deferred compensation assets		4,564		4,564		3,613		3,613
Derivative assets		20,996		20,996		18,670		18,670
FDIC indemnification asset		110,049		110,049		118,182		118,182
Accrued interest receivable and other		138,435		138,435		137,744		137,744
Total financial assets	$	13,503,324	$	13,884,729	$	13,238,949	$	13,393,195
Financial Liabilities
Non-maturity deposits	$	6,387,564		6,387,564	$	5,925,761	$	5,925,761
Deposits with stated maturities		4,871,696		4,914,025		4,877,912		4,925,403
Notes payable		1,000		1,000		1,000		1,000
Federal Home Loan Bank advances		423,500		451,861		423,500		440,644
Subordinated notes		40,000		40,000		50,000		50,000
Other borrowings		432,706		432,706		260,620		260,620
Secured borrowings owed to securitization investors		600,000		605,792		600,000		600,333
Junior subordinated debentures		249,493		181,914		249,493		183,818
Derivative liabilities		30,589		30,589		29,974		29,974
Accrued interest payable and other		13,555		13,555		15,518		15,518
Total financial liabilities	$	13,050,103	$	13,059,006	$	12,433,778	$	12,433,071