XML 29 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
INVESTMENT SECURITIES (Details 4) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
item
Dec. 31, 2011
Jun. 30, 2012
US Government Agencies and Government Sponsored Enterprise Debt Securities
item
Jun. 30, 2012
Residential mortgage-backed securities
item
Jun. 30, 2012
Corporate debt securities
Jun. 30, 2012
Corporate debt securities
Investment grade
item
Dec. 31, 2011
Corporate debt securities
Investment grade
Jun. 30, 2012
Corporate debt securities
Non-investment grade
Dec. 31, 2011
Corporate debt securities
Non-investment grade
Jun. 30, 2012
Trust Preferred Securities
item
Jun. 30, 2012
U.S. Treasury securities
item
Dec. 31, 2011
U.S. Treasury securities
Jun. 30, 2012
Municipal securities
item
Dec. 31, 2011
Municipal securities
Schedule of Available-for-sale Securities                            
Fair value of available for sale securities $ 1,873,739,000 $ 3,072,578,000       $ 426,055,000 $ 1,322,561,000 $ 14,919,000 [1] $ 19,615,000 [1]   $ 72,188,000 $ 20,725,000 $ 65,782,000 $ 79,946,000
Continuous unrealized loss position 12 months or more, fair value 328,479,000 359,776,000       318,122,000 350,181,000 10,357,000 9,595,000 10,400,000        
Total investment securities available-for-sale portfolio (as a percent)           23.00%       1.00%        
Number of securities in a continuous unrealized loss position for more than twelve months 20         15       5        
Number of individual securities with a continuous unrealized loss position less than 12 months 34   6 18   6         3   1  
Percentage of total amortized cost basis of these securities               49.00%            
Gross Unrealized Losses (57,743,000) (107,746,000)       (47,377,000) (95,610,000) (9,778,000) [1] (11,078,000) [1]   (25,000)   (30,000) (5,000)
Gross unrealized losses in loss position twelve months or more 41,656,000 44,188,000       31,878,000 33,675,000 9,778,000 10,513,000          
Gross unrealized losses, trust preferred securities, portion representing impairment loss on securities not other-than-temporarily-impaired               4,700,000            
Gross unrealized losses, trust preferred securities, portion representing non-credit impairment loss on securities other-than-temporarily-impaired               5,100,000            
Impairment loss relating to additional increases to the amount related to the credit loss for which an other-than-temporary impairment was previously recognized                   99,000        
Decrease in corporate debt securities         663,600,000                  
Scheduled maturities of investment securities available-for sale, amortized cost basis                            
Due within one year 360,410,000                          
Due after one year through five years 150,822,000                          
Due after five years through ten years 519,207,000                          
Due after ten years 872,350,000                          
Total investment securities available-for-sale 1,902,789,000                          
Scheduled maturities of investment securities available-for sale, fair value                            
Due within one year 356,383,000                          
Due after one year through five years 149,545,000                          
Due after five years through ten years 480,635,000                          
Due after ten years 887,176,000                          
Total investment securities available-for-sale $ 1,873,739,000                          
[1] For the six months ended June 30, 2012, the Company recorded $99 thousand, on a pre-tax basis, of the credit portion of OTTI through earnings and $5.1 million of the non-credit portion of OTTI for pooled trust preferred securities in other comprehensive income. The Company recorded $633 thousand, on a pre-tax basis, of the credit portion of OTTI through earnings and $5.1 million of the non-credit portion of OTTI for pooled trust preferred securities and other mortgage-backed securities in other comprehensive income for the year ended December 31, 2011.