BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2011 and 2010:

	Three Months Ended September 30, 2011
	Retail			Commercial
	Banking			Lending			Other			Total
	(In thousands)
Interest income	$	88,189		$	166,789		$	27,763		$	282,741
Charge for funds used		(22,394	)		(33,575	)		2,257			(53,712	)
Interest spread on funds used		65,795			133,214			30,020			229,029
Interest expense		(21,407	)		(9,248	)		(14,304	)		(44,959	)
Credit on funds provided		46,480			3,291			3,941			53,712
Interest spread on funds provided		25,073			(5,957	)		(10,363	)		8,753
Net interest income	$	90,868		$	127,257		$	19,657		$	237,782
Provision for loan losses	$	(11,185	)	$	(10,815	)	$	-		$	(22,000	)
Depreciation, amortization and accretion		(6,815	)		(2,912	)		(6,943	)		(16,670	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		15,773			64,290			17,622			97,685
Segment assets		6,230,680			10,345,990			5,236,376			21,813,046

	Three Months Ended September 30, 2010
	Retail			Commercial
	Banking			Lending			Other			Total
	(In thousands)
Interest income	$	69,311		$	143,729		$	18,360		$	231,400
Charge for funds used		(29,159	)		(46,446	)		21,583			(54,022	)
Interest spread on funds used		40,152			97,283			39,943			177,378
Interest expense		(26,851	)		(5,885	)		(15,859	)		(48,595	)
Credit on funds provided		48,391			2,431			3,200			54,022
Interest spread on funds provided		21,540			(3,454	)		(12,659	)		5,427
Net interest income	$	61,692		$	93,829		$	27,284		$	182,805
Provision for loan losses	$	(26,261	)	$	(12,387	)	$	-		$	(38,648	)
Depreciation, amortization and accretion		(19,282	)		(46,469	)		(2,543	)		(68,294	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax (loss) profit		(18,021	)		64,698			26,850			73,527
Segment assets		6,450,883			9,728,305			4,238,058			20,417,246

	Nine Months Ended September 30, 2011
	Retail			Commercial
	Banking			Lending			Other			Total
	(In thousands)
Interest income	$	270,943		$	465,138		$	75,463		$	811,544
Charge for funds used		(72,073	)		(111,128	)		2,759			(180,442	)
Interest spread on funds used		198,870			354,010			78,222			631,102
Interest expense		(67,515	)		(23,236	)		(46,841	)		(137,592	)
Credit on funds provided		158,212			10,225			12,005			180,442
Interest spread on funds provided		90,697			(13,011	)		(34,836	)		42,850
Net interest income	$	289,567		$	340,999		$	43,386		$	673,952
Provision for loan losses	$	(20,128	)	$	(54,878	)	$	-		$	(75,006	)
Depreciation, amortization and accretion		(34,941	)		(51,012	)		(14,129	)		(100,082	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax profit		81,443			164,258			34,294			279,995
Segment assets		6,230,680			10,345,990			5,236,376			21,813,046

	Nine Months Ended September 30, 2010
	Retail			Commercial
	Banking			Lending			Other			Total
	(In thousands)
Interest income	$	269,453		$	473,004		$	61,179		$	803,636
Charge for funds used		(87,078	)		(111,119	)		11,406			(186,791	)
Interest spread on funds used		182,375			361,885			72,585			616,845
Interest expense		(89,422	)		(19,015	)		(47,047	)		(155,484	)
Credit on funds provided		161,796			11,738			13,257			186,791
Interest spread on funds provided		72,374			(7,277	)		(33,790	)		31,307
Net interest income	$	254,749		$	354,608		$	38,795		$	648,152
Provision for loan losses	$	(59,976	)	$	(110,349	)	$	-		$	(170,325	)
Depreciation, amortization and accretion		(50,669	)		(91,081	)		(5,363	)		(147,113	)
Goodwill		320,566			16,872			-			337,438
Segment pre-tax (loss) profit		(1,172	)		106,165			65,210			170,203
Segment assets		6,450,883			9,728,305			4,238,058			20,417,246