BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2011

BUSINESS SEGMENTS [Abstract]

Operating results and key financial measures for operating segments

The following tables present the operating results and other key financial measures for the individual operating segments for the three and six months ended June 30, 2011 and 2010:

	Three Months Ended June 30, 2011
	Retail Banking			Commercial Lending			Other			Total
	(In thousands)
Interest income	$	94,964		$	153,015		$	26,489		$	274,468
Charge for funds used		(24,091	)		(37,356	)		(260	)		(61,707	)
Interest spread on funds used		70,873			115,659			26,229			212,761
Interest expense		(23,538	)		(8,002	)		(15,592	)		(47,132	)
Credit on funds provided		54,387			3,456			3,864			61,707
Interest spread on funds provided		30,849			(4,546	)		(11,728	)		14,575
Net interest income	$	101,722		$	111,113		$	14,501		$	227,336
Provision for loan losses	$	(1,787	)	$	(24,713	)	$	-		$	(26,500	)
Depreciation, amortization and accretion		(5,375	)		(21,119	)		3,920			(22,574	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		28,703			38,675			28,352			95,730
Segment assets		6,212,906			10,491,816			5,167,986			21,872,708

	Three Months Ended June 30, 2010
	Retail Banking			Commercial Lending			Other			Total
	(In thousands)
Interest income	$	94,361		$	142,995		$	16,177		$	253,533
Charge for funds used		(30,449	)		(32,884	)		(1,958	)		(65,291	)
Interest spread on funds used		63,912			110,111			14,219			188,242
Interest expense		(29,299	)		(5,399	)		(15,212	)		(49,910	)
Credit on funds provided		56,411			4,311			4,569			65,291
Interest spread on funds provided		27,112			(1,088	)		(10,643	)		15,381
Net interest income	$	91,024		$	109,023		$	3,576		$	203,623
Provision for loan losses	$	(22,076	)	$	(33,180	)	$	-		$	(55,256	)
Depreciation, amortization and accretion		2,015			(14,166	)		1,318			(10,833	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		12,562			30,369			15,803			58,734
Segment assets		6,370,531			9,719,021			3,877,769			19,967,321

	Six Months Ended June 30, 2011
	Retail Banking			Commercial Lending			Other			Total
	(In thousands)
Interest income	$	182,754		$	298,350		$	47,699		$	528,803
Charge for funds used		(49,679	)		(77,553	)		500			(126,732	)
Interest spread on funds used		133,075			220,797			48,199			402,071
Interest expense		(46,109	)		(13,987	)		(32,537	)		(92,633	)
Credit on funds provided		111,732			6,934			8,066			126,732
Interest spread on funds provided		65,623			(7,053	)		(24,471	)		34,099
Net interest income	$	198,698		$	213,744		$	23,728		$	436,170
Provision for loan losses	$	(8,943	)	$	(44,063	)	$	-		$	(53,006	)
Depreciation, amortization and accretion		(7,215	)		(34,907	)		7,185			(34,937	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		56,393			87,274			38,643			182,310
Segment assets		6,212,906			10,491,816			5,167,986			21,872,708

	Six Months Ended June 30, 2010
	Retail Banking			Commercial Lending			Other			Total
	(In thousands)
Interest income	$	208,848		$	320,570		$	42,818		$	572,236
Charge for funds used		(60,122	)		(62,471	)		(10,176	)		(132,769	)
Interest spread on funds used		148,726			258,099			32,642			439,467
Interest expense		(62,577	)		(13,124	)		(31,188	)		(106,889	)
Credit on funds provided		113,420			9,291			10,058			132,769
Interest spread on funds provided		50,843			(3,833	)		(21,130	)		25,880
Net interest income	$	199,569		$	254,266		$	11,512		$	465,347
Provision for loan losses	$	(48,182	)	$	(83,495	)	$	-		$	(131,677	)
Depreciation, amortization and accretion		(7,952	)		(42,744	)		2,820			(47,876	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		7,031			51,283			38,362			96,676
Segment assets		6,370,531			9,719,021			3,877,769			19,967,321