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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income after extraordinary items $ 245,234 $ 164,564 $ 76,642
Adjustments to reconcile net income after extraordinary items to net cash provided by operating activities:      
Depreciation and amortization 67,460 57,593 81,901
(Accretion) of discount and amortization of premiums, net (210,868) (235,988) (116,770)
Decrease in FDIC indemnification asset and receivable 100,141 83,213 23,338
Gain on acquisition   (22,874) (471,009)
Net impairment loss on investment securities available-for-sale recognized in earnings 633 16,669 107,671
Stock compensation costs 13,543 8,761 5,549
Deferred tax expenses 189,497 12,377 127,132
Provision for loan losses 95,006 200,159 528,666
Impairment on other real estate owned 29,266 49,669 7,759
Net gain on sales of investment securities, loans and other assets (30,998) (51,776) (6,340)
Originations and purchases of loans held for sale (72,761) (42,985) (65,047)
Proceeds from sales of loans held for sale 41,388 42,059 37,127
Prepayment penalty for Federal Home Loan Bank advances and other borrowings 12,281 13,832 2,370
Net proceeds from FDIC shared-loss agreements 159,983 331,500  
Net change in accrued interest receivable and other assets (146,911) 87,009 (143,966)
Net change in accrued expenses and other liabilities (233,868) 157,275 (39,498)
Other net operating activities (3,709) (1,861) (250)
Total adjustments 10,083 704,632 78,633
Net cash provided by operating activities 255,317 869,196 155,275
CASH FLOWS FROM INVESTING ACTIVITIES      
Net cash acquired in acquisitions   67,186 599,036
Net (increase) decrease in loans (934,773) 498,187 467,149
Net decrease (increase) in short-term investments 81,726 103,285 (18,404)
Purchases of:      
Securities purchased under resale agreements (1,292,066) (950,000) (30,044)
Investment securities held-to-maturity     (551,608)
Investment securities available-for-sale (2,713,546) (4,207,000) (1,976,701)
Loans receivable (675,298) (861,490) (530,345)
Federal Reserve Bank stock (227) (10,500) (9,196)
Premises and equipment (10,507) (90,931) (179)
Investments in affordable housing partnerships (36,642) (42,833) (10,989)
Proceeds from sale of:      
Investment securities available-for-sale 702,616 1,338,910 1,650,680
Loans receivable 188,407 473,961 299,322
Loans held for sale originated for investment 611,291 367,404  
Other real estate owned 177,015 140,710 81,825
Premises and equipment 9,227 112 18
Investments in affordable housing partnerships 7,100 2,000  
Other investments 2,454    
Repayments, maturities and redemptions of investment securities available-for-sale 1,780,457 2,564,157 1,477,470
Paydowns, maturities and termination of securities purchased under resale agreements 1,005,632 680,000  
Redemption of Federal Home Loan Bank stock 25,908 20,075  
Net cash (used in) provided by investing activities (1,071,226) 93,233 1,448,034
Net increase (decrease) in:      
Deposits 1,812,375 254,985 325,211
Short-term borrowings (63,337) 40,095 (2,215,097)
Proceeds from:      
FHLB advances   550,000  
Issuance of common stock pursuant to various stock plans and agreements 5,726 4,454 949
Issuance of preferred stock, net of stock issuance costs, and common stock warrants     335,047
Issuance of common stock from public offering     80,328
Issuance of common stock from private placement     192,454
Payment for:      
Repayment of FHLB advances (760,274) (1,198,312)  
Repayment of long-term debt (23,918)    
Repayment of notes payable and other borrowings (11,250) (43,365) (51,558)
Repurchase of Series B preferred stock   (306,546)  
Issuance and conversion costs of preferred stock and common stock     (20,320)
Repurchase of common stock warrants (14,500)    
Cash dividends (30,679) (29,605) (29,662)
Other net financing activities 68 (1,377) (430)
Net cash provided by (used in) financing activities 914,211 (729,671) (1,383,078)
Effect of exchange rate changes on cash and cash equivalents (1,066) 2,107  
NET INCREASE IN CASH AND CASH EQUIVALENTS 97,236 234,865 220,231
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 1,333,949 1,099,084 878,853
CASH AND CASH EQUIVALENTS, END OF YEAR 1,431,185 1,333,949 1,099,084
Cash paid during the year for:      
Interest 175,772 206,706 230,667
Income tax payments, net of refunds 326,725 (60,621) (21,180)
Noncash investing and financing activities:      
Transfers to other real estate owned/affordable housing partnership 175,551 270,995 135,844
Conversion of preferred stock to common stock 31 325,299  
Loans to facilitate sales of other real estate owned 8,882 15,888 40,687
Loans to facilitate sales of loans 27,149 45,522  
Loans to facilitate sale of premises and equipment 11,100    
Loans transferred to loans held for sale 644,915 563,974  
Issuance of common stock in lieu of Board of Directors retainer fees 520 281 219
Transfers from investment securities held-to-maturity to available-for-sale     681,404
Desecuritization of loans receivable     635,614
Transfers from other real estate owned/affordable housing partnership     13,982
Accrued preferred stock dividend     852
Amortization of preferred stock discount   $ 21,042 $ 3,847