Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [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)			2013		2012		2011
Consolidated Statements of Income:
Income tax expense/(benefit) related to continuing operations		$	(32,169)	$	(85,262)	$	15,836
Income tax expense/(benefit) related to discontinued operations			343		93		(11,456)
Consolidated Statements of Equity:
Income tax expense/(benefit) related to:
	Pension and postretirement plans		39,394		(2,875)		(15,084)
	Unrealized gains/(losses) on investment securities available-for-sale		(41,761)		(7,525)		13,818
	Share-based compensation		1,569		4,140		5,771
Total		$	(32,624)	$	(91,429)	$	8,885

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)			2013		2012		2011
Current:
	Federal	$	(9,011)	$	(5,304)	$	(29,507)
	State		(13,792)		(9,725)		6,196
	Foreign		10		33		-
Deferred:
	Federal		4,169		(59,417)		49,254
	State		(13,508)		(10,848)		(10,107)
	Foreign		(37)		(1)		-
Total		$	(32,169)	$	(85,262)	$	15,836

Schedule Of Computation Of Income Tax Expense Differed From The Amounts Computed By Applying Statutory Federal Income Tax Rate To Income/(Loss) From Continuing Operations 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)			2013			2012			2011
Federal income tax rate			35	%		35	%		35	%
Tax computed at statutory rate		$	2,923		$	(35,597)		$	52,447
Increase/(decrease) resulting from:
	State income taxes		(2,556)			(4,234)			(2,542)
	Bank owned life insurance ("BOLI")		(6,646)			(7,428)			(6,757)
	401(k) - employee stock ownership plan ("ESOP")		(568)			(155)			(210)
	Tax-exempt interest		(5,094)			(4,469)			(3,732)
	Non-deductible expenses		963			1,175			1,470
	Tax credits		(13,340)			(18,125)			(23,494)
	Subsidiary liquidation		-			(6,733)			-
	Change in valuation allowance - DTA		(4,427)			-			-
	Other changes in unrecognized tax benefits		(5,106)			(8,981)			(3,884)
	Other		1,682			(715)			2,538
	Total	$	(32,169)		$	(85,262)		$	15,836
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, 2013 and 2012 were as follows:
(Dollars in thousands)	2013		2012
Deferred tax assets:
Loss reserves	$	94,170	$	103,701
Employee benefits		97,246		132,906
Investment in partnerships		29,856		29,044
Foreclosed property		901		2,541
Accrued expenses		25,158		24,686
Investment in debt securities (ASC 320)		6,874		-
Capital loss carryforwards		51,876		58,453
Credit carryforwards		98,919		89,503
Federal NOL carryforwards		4,184		9,563
State NOL carryforwards		29,422		27,980
Unrecognized tax benefits		3,103		7,897
Other		21,760		13,715
Gross deferred tax assets		463,469		499,989
Valuation allowance		(57,752)		(69,692)
Deferred tax assets after valuation allowance	$	405,717	$	430,297
Deferred tax liabilities:
Capitalized mortgage servicing rights	$	25,245	$	31,341
Depreciation and amortization		46,209		47,681
Federal Home Loan Bank stock		17,426		17,388
Investment in debt securities (ASC 320)		-		35,175
Other intangible assets		28,417		25,187
Prepaid expenses		9,752		11,790
Other		2,958		473
Gross deferred tax liabilities		130,007		169,035
Net deferred tax assets	$	275,710	$	261,262

Schedule Of Rollforward Of Unrecognized Tax Benefits

The rollforward of unrecognized tax benefits is shown below:
(Dollars in thousands)
Balance at December 31, 2011	$	32,976
Increases related to prior year tax positions		250
Decreases related to prior year tax positions		-
Settlements		(5,202)
Lapse of statutes		(10,386)
Balance at December 31, 2012	$	17,638
Increases related to prior year tax positions		-
Decreases related to prior year tax positions		(1,688)
Settlements		(7,386)
Lapse of statutes		(1,943)
Balance at December 31, 2013	$	6,621