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Consolidated Statements of Financial Condition (Unaudited) (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
ASSETS      
Cash and due from banks $ 239,488 $ 254,723  
Money market investments:      
Federal funds sold 5,369 6,236  
Time deposits with other financial institutions 855 1,346  
Other short-term investments 107,985 107,978  
Total money market investments 114,209 115,560 22,044
Investment securities available for sale, at fair value:      
Securities pledged that can be repledged 1,371,887 1,344,873  
Other investment securities 1,462,199 1,399,580  
Total investment securities available for sale 2,834,086 2,744,453  
Investment securities held to maturity, at amortized cost:      
Securities pledged that can be repledged 0 239,553  
Other investment securities 0 213,834  
Total investment securities held to maturity (2010-fair value of $476,516) 0 453,387  
Other equity securities 42,252 55,932  
Investment in unconsolidated entities 46,092 0  
Loans, net of allowance for loan and lease losses of $540,878(2010 - $553,025) 10,224,647 11,102,411  
Loans held for sale, at lower of cost or market 20,781 300,766  
Total loans, net 10,245,428 11,403,177  
Premises and equipment, net 203,140 209,014  
Other real estate owned 96,618 84,897  
Accrued interest receivable on loans and investments 51,719 59,061  
Due from customers on acceptances 696 1,439  
Other assets 240,245 211,434  
Total assets 14,113,973 15,593,077  
Deposits:      
Non-interest-bearing deposits 720,573 668,052  
Interest-bearing deposits 10,352,155 11,391,058  
Total deposits 11,072,728 12,059,110  
Securities sold under agreements to repurchase 1,200,000 1,400,000  
Advances from the Federal Home Loan Bank (FHLB) 420,440 653,440  
Notes payable (including $12,374 and $11,842 measured at fair value as of June 30, 2011 and December 31, 2010, respectively) 19,715 26,449  
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust 231,959 231,959  
Bank acceptances outstanding 696 1,439  
Accounts payable and other liabilities 158,857 162,721  
Total liabilities 13,104,395 14,535,118  
Commitments and Contingencies      
STOCKHOLDERS' EQUITY      
Preferred stock, authorized 50,000,000 shares: issued 22,828,174; outstanding 2,946,046;aggregate liquidation value of $487,221:      
Common stock, $0.10 par value, authorized 2,000,000,000 shares; issued 21,963,522 shares 2,196 2,196  
Less: Treasury stock (at par value) (66) (66)  
Common stock outstanding, 21,303,669 shares outstanding 2,130 2,130  
Additional paid-in capital 319,505 319,459  
Retained earnings 246,605 293,643  
Accumulated other comprehensive income, net of tax expense of $4,618 (December 31, 2010 - $5,351) 12,635 17,718  
Total stockholders' equity 1,009,578 1,057,959 1,438,289
Total liabilities and stockholders' equity 14,113,973 15,593,077  
Non-cumulative Perpetual Monthly Income Preferred Stock: issued 22,004,000 shares and outstanding 2,521,872 shares
     
STOCKHOLDERS' EQUITY      
Preferred stock, authorized 50,000,000 shares: issued 22,828,174; outstanding 2,946,046;aggregate liquidation value of $487,221: 63,047 63,047  
Fixed Rate Cumulative Mandatorily Convertible Preferred Stock: issued and outstanding 424,174 shares
     
STOCKHOLDERS' EQUITY      
Preferred stock, authorized 50,000,000 shares: issued 22,828,174; outstanding 2,946,046;aggregate liquidation value of $487,221: $ 365,656 $ 361,962