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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 138,640 $ 116,596
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 39,711 30,708
(Accretion) of discount and amortization of premiums, net (96,885) (101,894)
Decrease in FDIC indemnification asset and receivable 45,763 36,249
Stock compensation costs 7,773 5,570
Deferred tax (benefit) expense (19,868) 63,616
Provision for loan losses 33,600 53,006
Impairment on other real estate owned 10,541 19,655
Net gain on sales of investment securities, loans and other assets (14,854) (19,518)
Originations and purchases of loans held for sale (34,716) (6,884)
Proceeds from sales of loans held for sale   8,081
Prepayment penalty for Federal Home Loan Bank advances, net 3,657 8,455
Prepayment penalty on modification of Federal Home Loan Bank advances (37,678)  
Net proceeds from FDIC shared-loss agreements 63,077 101,102
Net change in accrued interest receivable and other assets (67,820) (129,150)
Net change in accrued expenses and other liabilities (43,142) 156,015
Other net operating activities (2,007) (1,653)
Total adjustments (112,848) 223,358
Net cash provided by operating activities 25,792 339,954
Net (increase) decrease in:    
Loans 184,443 (396,027)
Short-term investments (192,880) 58,081
Federal funds sold (30,000)  
Purchases of:    
Securities purchased under resale agreements (25,000) (418,369)
Investment securities available-for-sale (482,500) (1,385,644)
Loans receivable (239,272) (463,981)
Premises and equipment (3,405) (2,199)
Investments in affordable housing partnerships (34,128) (17,444)
Proceeds from sale of:    
Investment securities available-for-sale 1,097,270 527,823
Loans receivable 58,205 125,288
Loans held for sale originated for investment 199,435 368,478
Other real estate owned 59,814 74,004
Premises and equipment 11 9,111
Repayments, maturities and redemptions of investment securities available-for-sale 606,704 561,711
Paydowns, maturities and termination of securities purchased under resale agreements 136,434 106,088
Redemption of Federal Home Loan Bank stock 12,674 12,903
Other net investing activities (236)  
Net cash provided by (used in) investing activities 1,347,569 (840,177)
Net increase (decrease) in:    
Deposits (110,498) 1,495,126
Short-term borrowings (25,208) (5,930)
Proceeds from:    
Issuance of common stock pursuant to various stock plans and agreements 2,678 3,341
Payment for:    
Repayment of FHLB advances (57,616) (683,130)
Repayment of long-term debt   (10,309)
Repayment of notes payable and other borrowings   (6,250)
Repurchase of common stock warrants   (14,500)
Repurchase of shares of treasury stock pursuant to the Stock Repurchase Plan (149,950)  
Cash dividends (32,642) (12,352)
Other net financing activities (1,239) (98)
Net cash (used in) provided by financing activities (374,475) 765,898
Effect of exchange rate changes on cash and cash equivalents (457) (1,126)
NET INCREASE IN CASH AND CASH EQUIVALENTS 998,429 264,549
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,431,185 1,333,949
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,429,614 1,598,498
Cash paid during the period for:    
Interest 73,938 92,622
Income tax payments, net of refunds 185,729 12,587
Noncash investing and financing activities:    
Loans transferred to loans held for sale, net 21,317 479,582
Transfers to other real estate owned 54,478 104,842
Loans to facilitate sales of other real estate owned 850 7,562
Loans to facilitate sales of loans 638 17,416
Loans to facilitate sales of premises and equipment   11,100
Conversion of preferred stock to common stock   $ 31