Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2011

Fair Value of Financial Instruments

Schedule of Estimated Fair Value of Financial Instruments

	June 30, 2011
	Carrying		Estimated
(In thousands)	Amount		Fair Value
Financial Assets
Loans, including held for sale	$	9,279,437	$	9,384,425
Available for sale investment securities		7,717,634		7,717,634
Trading securities		32,074		32,074
Non-marketable securities		109,867		109,867
Short-term federal funds sold and securities purchased under agreements to resell		10,845		10,845
Long-term securities purchased under agreements to resell		850,000		865,065
Interest earning deposits with banks		535,696		535,696
Cash and due from banks		340,594		340,594
Accrued interest receivable		63,607		63,607
Derivative instruments		18,495		18,495
Financial Liabilities
Non-interest bearing deposits	$	4,834,750	$	4,834,750
Savings, interest checking and money market deposits		8,139,989		8,139,989
Time open and C.D.'s		2,681,827		2,694,678
Federal funds purchased and securities sold under agreements to repurchase		1,282,470		1,286,324
Other borrowings		111,929		122,572
Accrued interest payable		9,422		9,422
Derivative instruments		19,687		19,687