Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Schedule Of Components Of Consolidated Statements Of Income And Equity

The aggregate amount of income taxes included in the Consolidated Statements of Income and the Consolidated Statements of Equity for the years ended December 31, were as follows:
(Dollars in thousands)			2012		2011		2010
Consolidated Statements of Income:
Income tax expense/(benefit) related to continuing operations		$	(85,262)	$	15,836	$	(21,182)
Income tax expense/(benefit) related to discontinued operations			93		(11,456)		(1,873)
Consolidated Statements of Equity:
Income tax expense/(benefit) related to:
	Cumulative effect of a change in accounting principle		-		-		(11,251)
	Pension and postretirement plans		(2,875)		(15,084)		3,460
	Unrealized gains/losses on investment securities available-for-sale		(7,525)		13,818		(12,453)
	Share-based compensation		4,140		5,771		5,577
Total		$	(91,429)	$	8,885	$	(37,722)

Schedule Of Components Of Income Tax Expense/(Benefit)

The components of income tax expense/(benefit) related to continuing operations for the years ended December 31, were as follows:
(Dollars in thousands)			2012		2011		2010
Current:
	Federal	$	(5,304)	$	(29,507)	$	(219,211)
	State		(9,725)		6,196		(35,484)
	Foreign		33		-		-
Deferred:
	Federal		(59,417)		49,254		206,962
	State		(10,848)		(10,107)		26,551
	Foreign		(1)		-		-
Total		$	(85,262)	$	15,836	$	(21,182)

Schedule Of Computation Of Income Tax Expense Differed From The Amounts Computed By Applying Of Statutory Federal Income Tax Rate To Income/(Loss) Before Income Taxes

A reconciliation of expected income tax expense/(benefit) at the federal statutory rate of 35% to the total income tax expense from continuing operations follows:
(Dollars in thousands)			2012			2011			2010
Federal income tax rate			35	%		35	%		35	%
Tax computed at statutory rate		$	(35,597)		$	52,447		$	18,114
Increase/(decrease) resulting from:
	State income taxes		(4,234)			(2,542)			(5,806)
	BOLI		(7,428)			(6,757)			(9,671)
	Tax-exempt interest		(4,469)			(3,732)			(1,820)
	Tax credits		(18,125)			(23,494)			(23,788)
	Subsidiary liquidations		(6,733)			-			-
	Other changes in unrecognized tax benefits		(8,981)			(3,884)			(3,582)
	Other		305			3,798			5,371
Total		$	(85,262)		$	15,836		$	(21,182)

Certain previously reported amounts have been reclassified to agree with current presentation.

Schedule Of Deferred Tax Assets And Deferred Tax Liabilities Due To Temporary Differences

Temporary differences which gave rise to deferred tax assets and deferred tax liabilities on December 31, 2012 and 2011 were as follows:
(Dollars in thousands)		2012		2011
Deferred tax assets:
Loss reserves		$	103,701	$	85,110
Employee benefits			132,906		117,593
Investment in partnerships			29,044		28,260
Foreclosed property			2,541		7,580
Accrued expenses			24,686		7,148
Capital loss carryforwards			58,453		-
Credit carryforwards			89,503		47,175
Federal NOL carryforwards			9,563		-
State NOL carryforwards			27,980		21,454
Unrecognized tax benefits			7,897		13,848
Other			13,715		17,898
Gross deferred tax assets			499,989		346,066
Valuation allowance			(69,692)		(6,718)
	Deferred tax assets after valuation allowance	$	430,297	$	339,348
Deferred tax liabilities:
Capitalized mortgage servicing rights		$	31,341	$	38,515
Depreciation and amortization			47,681		39,753
Federal Home Loan Bank stock			17,388		17,285
Investment in debt securities (ASC 320)			35,175		42,700
Other intangible assets			25,187		22,368
Prepaid expenses			11,790		11,520
Other			473		1,364
	Gross deferred tax liabilities		169,035		173,505
Net deferred tax asset		$	261,262	$	165,843

Schedule Of Rollforward Of Unrecognized Tax Benefits

The rollforward of unrecognized tax benefits is shown below:
(Dollars in thousands)
Balance at December 31, 2010	$	38,398
Increases related to prior year tax positions		4,260
Settlements		(6,412)
Lapse of statute		(3,270)
Balance at December 31, 2011	$	32,976
Increases related to prior year tax positions		250
Settlements		(5,202)
Lapse of statute		(10,386)
Balance at December 31, 2012	$	17,638