Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value of Financial Instruments

Schedule of Estimated Fair Value of Financial Instruments

	September 30, 2011
(In thousands)	Carrying Amount		Estimated Fair Value
Financial Assets
Loans, including held for sale	$	9,112,699	$	9,244,410
Available for sale investment securities	9,278,066		9,278,066
Trading securities	9,695		9,695
Non-marketable securities	111,808		111,808
Short-term federal funds sold and securities purchased under agreements to resell	11,400		11,400
Long-term securities purchased under agreements to resell	850,000		867,502
Interest earning deposits with banks	133,419		133,419
Cash and due from banks	424,861		424,861
Accrued interest receivable	63,589		63,589
Derivative instruments	22,277		22,277
Financial Liabilities
Non-interest bearing deposits	$	5,003,587	$	5,003,587
Savings, interest checking and money market deposits	8,416,839		8,416,839
Time open and C.D.'s	2,593,651		2,603,135
Federal funds purchased and securities sold under agreements to repurchase	1,057,728		1,055,980
Other borrowings	111,869		126,449
Accrued interest payable	7,715		7,715
Derivative instruments	23,484		23,484