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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income/(loss) $ 130,410 $ 90,205
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:    
Provision for loan losses 15,000 30,000
Provision/(benefit) for deferred income taxes 9,597 34,642
Depreciation and amortization of premises and equipment 18,016 17,794
Amortization of intangible assets 1,963 1,856
Net other amortization and accretion 8,003 19,266
Net (increase)/decrease in derivatives 559 10,528
Fair value adjustment on mortgage servicing rights (1,246) (11,335)
Fair value adjustment on foreclosed real estate 1,391 2,951
Litigation and regulatory matters 490 6,070
(Gains)/losses on divestitures 0 (638)
Stock-based compensation expense 5,687 8,291
Tax benefit reversals stock-based compensation plans 1,705 1,277
Equity securities (gains)/losses, net (3,734) (28)
Debt securities (gains)/losses, net 0 355
(Gains)/losses on extinguishment of debt 4,350 [1] 0
Loss on deconsolidation of debt 1,960 0
Net (gains)/losses on sale/disposal of fixed assets 2,114 774
Proceeds from sale of mortgage servicing rights 69,919 0
Net (increase)/decrease in:    
Trading securities (347,692) (7,456)
Loans held-for-sale 11,207 16,832
Capital markets receivables (128,969) (33,888)
Interest receivable 2,076 1,882
Other assets 322,467 62,487
Net increase/(decrease) in:    
Capital markets payables 74,126 (20,098)
Interest payable (595) (2,118)
Other liabilities (151,064) (173,881)
Trading liabilities 337,771 32,440
Total adjustments 255,101 (1,997)
Net cash provided/(used) by operating activities 385,511 88,208
Available-for-sale securities:    
Sales 4,555 18,897
Maturities 310,067 568,419
Purchases (449,425) (760,374)
Premises and equipment:    
Sales 32 0
Purchases (15,451) (15,945)
Net (increase)/decrease in:    
Loans (431,786) 689,539
Interests retained from securitizations classified as trading securities 689 2,828
Interest-bearing cash 474,377 36,207
Cash receipts related to divestitures 0 1,638
Cash received for acquisition 0 54,872
Net cash provided/(used) by investing activities (106,942) 596,081
Common stock:    
Stock options exercised 624 257
Cash dividends paid (23,878) (14,494)
Repurchase of shares (4,871) (81,156) [2]
Tax benefit reversals stock-based compensation plans (1,705) (1,277)
Preferred stock issuance 0 95,624
Cash dividends paid - preferred stock - noncontrolling interest (5,687) (5,687)
Cash dividends paid - Series A preferred stock (3,100) (1,188)
Term borrowings:    
Payments/maturities (228,850) (387,564)
Increases in restricted and secured term borrowings 2,089 3,552
Net increase/(decrease) in:    
Deposits (578,136) 20,077
Short-term borrowings 830,158 (381,799)
Net cash provided/(used) by financing activities (13,356) (753,655)
Net increase/(decrease) in cash and cash equivalents 265,213 (69,366)
Cash and cash equivalents at beginning of period 827,909 1,106,262
Cash and cash equivalents at end of period 1,093,122 1,036,896
Supplemental Disclosures    
Total interest paid 41,626 50,299
Total taxes paid 31,950 4,787
Total taxes refunded 1,880 4,687
Transfer from loans to other real estate owned $ 11,505 $ 8,817
[1] Six months ended June 30, 2014 loss is associated with the collapse of two HELOC securitization trusts.
[2] 2013 includes $77.9 million repurchased under the share repurchase program launched in 2011 including $40.0 million associated with a prepaid variable share repurchase agreement.