STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2012

STOCKHOLDERS' EQUITY

Earnings per share calculations

	Three Months Ended March 31,
	2012							2011
	Net Income							Net Income
	Available to			Number		Per		Available to			Number	Per
	Common			of		Share		Common			of	Share
	Stockholders			Shares		Amounts		Stockholders			Shares	Amounts
	(In thousands, except per share data)
Net income	$	68,083						$	56,071
Less:
Preferred stock dividends	(1,714		)					(1,715		)
Basic EPS – income available to common stockholders	$	66,369		145,347		$	0.46	$	54,356		146,837	$	0.37
Effect of dilutive securities:
Stock options	—			48				—			120
Restricted stock awards	103			1,030				7			675
Convertible preferred stock	1,714			5,571				1,715			5,571
Stock warrants	—			—				—			131
Diluted EPS – income available to common stockholders	$	68,186			151,996	$	0.45	$	56,078		153,334	$	0.37

Shares excluded from the calculation of diluted EPS

	Three Months Ended
	March 31,
	2012	2011
	(In thousands)
Stock options	396	911
Restricted stock awards	3	118

Accumulated other comprehensive income (loss)), net of tax

	Unrealized gain (loss) on
	investment securities			Foreign currency
	available-for-sale			translation adjustments			Total
	(In thousands)
Balance, December 31, 2010	$	(13,927	)	$	1,513		$	(12,414	)
Period Change	2,991			(732		)	2,259
Balance, March 31, 2011	$	(10,936	)	$	781		$	(10,155	)
Balance, December 31, 2011	$	(34,848	)	$	908		$	(33,940	)
Period Change	17,052			10			17,062
Balance, March 31, 2012	$	(17,796	)	$	918		$	(16,878	)

Schedule of tax effect allocated to component of other comprehensive income

				Tax
	Before-Tax			(Expense)			Net-of-Tax
	Amount			or Benefit			Amount
	(In thousands)
Three months ended March 31, 2012
Unrealized gain on investment securities available-for-sale:
Unrealized gains on holding gains arising during period	$	28,640		$	(12,029	)	$	16,611
Less: reclassification adjustment for losses/(gains) included in income	5,826			(2,447		)	3,379
Net unrealized gains	34,466			(14,476		)	19,990
Noncredit-related impairment loss on securities	(5,066		)	2,128			(2,938		)
Foreign currency translation adjustments	17			(7		)	10
Other comprehensive income	$	29,417		$	(12,355	)	$	17,062

					Tax
		Before-Tax			(Expense)			Net-of-Tax
		Amount			or Benefit			Amount
	(In thousands)
Three months ended March 31, 2011
Unrealized gain on investment securities available-for-sale:
Unrealized gains on holding gains arising during period	$	4,022		$	(1,689	)	$	2,333
Less: reclassification adjustment for losses/(gains) included in income		6,225			(2,614	)		3,611
Net unrealized gains		10,247			(4,303	)		5,944
Noncredit-related impairment loss on securities		(5,091	)		2,138			(2,953	)
Foreign currency translation adjustments		(1,262	)		530			(732	)
Other comprehensive income	$	3,894		$	(1,635	)	$	2,259