10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20459

FORM 10-Q

(Mark One)

ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2015, or

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period fromto

Commission File No. 0-10587

FULTON FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

PENNSYLVANIA	23-2195389
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
One Penn Square, P.O. Box 4887, Lancaster, Pennsylvania	17604
(Address of principal executive offices)	(Zip Code)

(717) 291-2411

(Registrant’s telephone number, including area code)

Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ý    No  ¨

Indicate by checkmark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ý    No  ¨

Indicate by checkmark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company in Rule 12b-2 of the Exchange Act.

Large accelerated filer	ý	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	¨

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  ý

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:

Common Stock, $2.50 Par Value –174,944,000 shares outstanding as of July 31, 2015.

1

FULTON FINANCIAL CORPORATION

FORM 10-Q FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2015

INDEX

Description		Page
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements (Unaudited):
(a)	Consolidated Balance Sheets - June 30, 2015 and December 31, 2014	3
(b)	Consolidated Statements of Income - Three and six months ended June 30, 2015 and 2014	4
(c)	Consolidated Statements of Comprehensive Income - Three and six months ended June 30, 2015 and 2014	5
(d)	Consolidated Statements of Shareholders’ Equity - Six months ended June 30, 2015 and 2014	6
(e)	Consolidated Statements of Cash Flows - Six months ended June 30, 2015 and 2014	7
(f)	Notes to Consolidated Financial Statements	8
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations		39
Item 3. Quantitative and Qualitative Disclosures about Market Risk		66
Item 4. Controls and Procedures		70
PART II. OTHER INFORMATION
Item 1. Legal Proceedings		71
Item 1A. Risk Factors		71
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		72
Item 3. Defaults Upon Senior Securities		72
Item 4. Mine Safety Disclosures		72
Item 5. Other Information		72
Item 6. Exhibits		72
Signatures		73
Exhibit Index		74

2

Item 1. Financial Statements

CONSOLIDATED BALANCE SHEETS

(in thousands, except per-share data)

	June 30, 2015			December 31, 2014
	(unaudited)
ASSETS
Cash and due from banks	$	100,455		$	105,702
Interest-bearing deposits with other banks	322,218			358,130
Federal Reserve Bank and Federal Home Loan Bank stock	65,106			64,953
Loans held for sale	33,980			17,522
Available for sale investment securities	2,440,492			2,323,371
Loans, net of unearned income	13,244,230			13,111,716
Less: Allowance for loan losses	(167,485		)	(184,144		)
Net Loans	13,076,745			12,927,572
Premises and equipment	226,794			226,027
Accrued interest receivable	41,193			41,818
Goodwill and intangible assets	531,567			531,803
Other assets	526,923			527,869
Total Assets	$	17,365,473		$	17,124,767
LIABILITIES
Deposits:
Noninterest-bearing	$	3,805,165		$	3,640,623
Interest-bearing	9,700,544			9,726,883
Total Deposits	13,505,709			13,367,506
Short-term borrowings:
Federal funds purchased	5,058			6,219
Other short-term borrowings	403,977			323,500
Total Short-Term Borrowings	409,035			329,719
Accrued interest payable	15,172			18,045
Other liabilities	278,099			273,419
Federal Home Loan Bank advances and long-term debt	1,132,641			1,139,413
Total Liabilities	15,340,656			15,128,102
SHAREHOLDERS’ EQUITY
Common stock, $2.50 par value, 600 million shares authorized, 218.5 million shares issued in 2015 and 218.2 million shares issued in 2014	546,219			545,555
Additional paid-in capital	1,445,315			1,420,523
Retained earnings	603,597			558,810
Accumulated other comprehensive loss	(22,877		)	(17,722		)
Treasury stock, at cost, 42.5 million shares in 2015 and 39.3 million shares in 2014	(547,437		)	(510,501		)
Total Shareholders’ Equity	2,024,817			1,996,665
Total Liabilities and Shareholders’ Equity	$	17,365,473		$	17,124,767
See Notes to Consolidated Financial Statements

3

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(in thousands, except per-share data)	Three months ended June 30					Six months ended June 30
	2015		2014			2015			2014
INTEREST INCOME
Loans, including fees	$	129,910	$	131,440		$	259,687		$	263,270
Investment securities:
Taxable	10,944		12,418			22,226			25,684
Tax-exempt	1,881		2,298			3,968			4,646
Dividends	296		325			644			657
Loans held for sale	265		214			438			348
Other interest income	933		1,207			3,038			2,089
Total Interest Income	144,229		147,902			290,001			296,694
INTEREST EXPENSE
Deposits	10,053		8,685			19,876			16,581
Short-term borrowings	103		540			180			1,173
Long-term debt	11,153		10,779			23,444			21,477
Total Interest Expense	21,309		20,004			43,500			39,231
Net Interest Income	122,920		127,898			246,501			257,463
Provision for credit losses	2,200		3,500			(1,500		)	6,000
Net Interest Income After Provision for Credit Losses	120,720		124,398			248,001			251,463
NON-INTEREST INCOME
Service charges on deposit accounts	12,637		12,552			24,206			24,263
Investment management and trust services	11,011		11,339			21,900			22,297
Other service charges and fees	10,988		10,526			20,351			19,453
Mortgage banking income	5,339		5,741			10,027			9,346
Investment securities gains, net:
Net gains on sales of investment securities	2,415		1,124			6,560			1,124
Other-than-temporary impairment losses	—		(12		)	—			(12		)
Investment securities gains, net	2,415		1,112			6,560			1,112
Other	4,099		3,602			8,182			6,907
Total Non-Interest Income	46,489		44,872			91,226			83,378
NON-INTEREST EXPENSE
Salaries and employee benefits	65,067		63,623			130,057			123,189
Net occupancy expense	11,809		11,464			25,501			25,067
Other outside services	8,125		7,240			13,875			11,052
Data processing	4,894		4,331			9,662			8,127
Software	3,376		3,209			6,694			6,134
Equipment expense	3,335		3,360			7,293			6,962
FDIC insurance expense	2,885		2,615			5,707			5,304
Professional fees	2,731		3,559			5,602			6,463
Supplies and postage	2,726		2,451			5,095			4,777
Marketing	2,235		2,337			3,468			3,921
Telecommunications	1,617		1,787			3,333			3,606
Operating risk loss	674		716			1,501			2,544
Other real estate owned and repossession expense	129		748			1,491			1,731
Intangible amortization	106		315			236			630
Other	8,645		8,419			17,317			16,221
Total Non-Interest Expense	118,354		116,174			236,832			225,728
Income Before Income Taxes	48,855		53,096			102,395			109,113
Income taxes	12,175		13,500			25,679			27,734
Net Income	$	36,680	$	39,596		$	76,716		$	81,379
PER SHARE:
Net Income (Basic)	$	0.21	$	0.21		$	0.43		$	0.43
Net Income (Diluted)	0.21		0.21			0.43			0.43
Cash Dividends	0.09		0.08			0.18			0.16
See Notes to Consolidated Financial Statements

4

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

(in thousands)

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
Net Income	$	36,680		$	39,596		$	76,716		$	81,379
Other Comprehensive Income (Loss), net of tax:
Unrealized gain (loss) on securities	(12,008		)	12,990			(2,016		)	26,923
Reclassification adjustment for postretirement amendment gains included in net income	—			—			—			(944		)
Reclassification adjustment for securities gains included in net income	(1,569		)	(723		)	(4,264		)	(723		)
Non-credit related unrealized gain on other-than-temporarily impaired debt securities	—			323			125			512
Unrealized gain on derivative financial instruments	34			34			68			68
Unrecognized postretirement income arising due to plan amendment	—			—			—			2,144
Amortization of net unrecognized pension and postretirement items	466			104			932			200
Other Comprehensive Income (Loss)	(13,077		)	12,728			(5,155		)	28,180
Total Comprehensive Income	$	23,603		$	52,324		$	71,561		$	109,559
See Notes to Consolidated Financial Statements

5

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)

SIX MONTHS ENDED JUNE 30, 2015 AND 2014

(in thousands, except per-share data)

	Common Stock						Retained Earnings						Treasury Stock			Total
	Shares Outstanding		Amount		Additional Paid-in Capital					Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2014	178,924		$	545,555	$	1,420,523	$	558,810		$	(17,722	)	$	(510,501	)	$	1,996,665
Net income							76,716									76,716
Other comprehensive loss										(5,155		)				(5,155		)
Stock issued, including related tax benefits	423		664		1,954								2,077			4,695
Stock-based compensation awards					2,838											2,838
Acquisition of treasury stock	(1,538	)											(19,013		)	(19,013		)
Settlement of accelerated stock repurchase agreement	(1,790	)			20,000								(20,000		)	—
Common stock cash dividends - $0.18 per share							(31,929		)							(31,929		)
Balance at June 30, 2015	176,019		$	546,219	$	1,445,315	$	603,597		$	(22,877	)	$	(547,437	)	$	2,024,817
Balance at December 31, 2013	192,652		$	544,568	$	1,432,974	$	463,843		$	(37,341	)	$	(340,857	)	$	2,063,187
Net income							81,379									81,379
Other comprehensive income										28,180						28,180
Stock issued, including related tax benefits	381		498		763								2,809			4,070
Stock-based compensation awards					3,022											3,022
Acquisition of treasury stock	(4,000	)											(49,804		)	(49,804		)
Common stock cash dividends - $0.16 per share							(30,234		)							(30,234		)
Balance at June 30, 2014	189,033		$	545,066	$	1,436,759	$	514,988		$	(9,161	)	$	(387,852	)	$	2,099,800
See Notes to Consolidated Financial Statements

6

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(in thousands)

	Six months ended June 30
	2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	76,716		$	81,379
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	(1,500		)	6,000
Depreciation and amortization of premises and equipment	13,920			12,354
Net amortization of investment securities premiums	3,288			2,908
Net gains on sales of investment securities	(6,560		)	(1,112		)
Net increase in loans held for sale	(16,458		)	(14,728		)
Amortization of intangible assets	236			630
Stock-based compensation	2,838			3,022
Excess tax benefits from stock-based compensation	(63		)	(52		)
Decrease in accrued interest receivable	625			1,921
Decrease (increase) in other assets	9,818			(3,039		)
(Decrease) increase in accrued interest payable	(2,873		)	1,429
(Decrease) increase in other liabilities	(2,959		)	3,646
Total adjustments	312			12,979
Net cash provided by operating activities	77,028			94,358
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale	18,815			15,189
Proceeds from maturities of securities available for sale	205,620			174,619
Purchase of securities available for sale	(346,322		)	(60,952		)
Decrease (increase) in short-term investments	35,759			(57,357		)
Net increase in loans	(147,492		)	(74,766		)
Net purchases of premises and equipment	(14,687		)	(11,501		)
Net cash used in investing activities	(248,307		)	(14,768		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand and savings deposits	205,901			104,390
Net (decrease) increase in time deposits	(67,698		)	98,083
Increase (decrease) in short-term borrowings	79,316			(250,322		)
Additions to long-term debt	148,099			90,000
Repayments of long-term debt	(154,871		)	(5,189		)
Net proceeds from issuance of common stock	4,632			4,018
Excess tax benefits from stock-based compensation	63			52
Dividends paid	(30,397		)	(30,521		)
Acquisition of treasury stock	(19,013		)	(49,804		)
Net cash provided by (used in) financing activities	166,032			(39,293		)
Net (Decrease) Increase in Cash and Due From Banks	(5,247		)	40,297
Cash and Due From Banks at Beginning of Period	105,702			218,540
Cash and Due From Banks at End of Period	$	100,455		$	258,837
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for:
Interest	$	46,373		$	37,802
Income taxes	11,051			16,407
See Notes to Consolidated Financial Statements

7

FULTON FINANCIAL CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1 – Basis of Presentation

The accompanying unaudited consolidated financial statements of Fulton Financial Corporation (the "Corporation") have been prepared in conformity with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities as of the date of the financial statements as well as revenues and expenses during the period. Actual results could differ from those estimates. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The Corporation evaluates subsequent events through the date of filing of this Form 10-Q with the Securities and Exchange Commission ("SEC").

Recent Accounting Standards

Effective January 1, 2015, the Corporation adopted the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Update 2014-01, "Accounting for Investments in Qualified Affordable Housing Projects." ASC Update 2014-01 provides guidance on accounting for investments made by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low income housing tax credit. The Corporation has made certain investments in partnerships that generate tax credits under various federal programs which promote investment in low and moderate income housing and local economic development. The net income tax benefit associated with these investments, which consists of the amortization of the investments net of tax benefits, and the income tax credits earned on the investments recorded in income taxes on the consolidated income statements was $2.4 million and $2.8 million for the three months ended June 30, 2015 and 2014, respectively and $4.8 million and $5.3 million for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015 and December 31, 2014, the Corporation’s tax credit investments, included in other assets on the consolidated balance sheets, totaled $156.8 million and $155.6 million, respectively. The adoption of this ASC update did not have a material impact on the Corporation's consolidated financial statements for the three or six months ended June 30, 2015 or 2014.

In February 2015, the FASB issued ASC Update 2015-02, "Consolidation: Amendments to the Consolidation Analysis." ASC Update 2015-02 changes the way reporting enterprises evaluate whether: (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a variable interest entity ("VIE"), and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE.ASC Update 2015-02 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q, and does not expect the adoption of ASC Update 2015-02 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-03, "Interest - Imputation of Interest." ASC Update 2015-03 simplifies the presentation of debt issuances costs. Debt issuance costs related to a recognized debt liability will be presented on the balance sheet as a direct deduction from the debt liability, similar to the presentation of debt discounts. Under current U.S. GAAP, debt issuance costs are reported on the balance sheet as assets. The costs will continue to be amortized to interest expense using the effective interest method. ASC Update 2015-03 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-03 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement." ASC Update 2015-05 provides explicit guidance to determine when a customer's fees paid in a cloud computing arrangement is for the acquisition of software licenses, services, or both. ASC Update 2015-05 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-05 to have a material impact on its consolidated financial statements.

8

NOTE 2 – Net Income Per Share

Basic net income per share is calculated as net income divided by the weighted average number of shares outstanding.

Diluted net income per share is calculated as net income divided by the weighted average number of shares outstanding plus the incremental number of shares added as a result of converting common stock equivalents, calculated using the treasury stock method. The Corporation’s common stock equivalents consist of outstanding stock options, restricted stock, restricted stock units ("RSUs") and performance based restricted stock units ("PSUs"). PSUs are required to be included in weighted average shares outstanding if performance measures, as defined in each PSU award agreement, are met as of the end of the period.

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended June 30		Six months ended June 30
	2015	2014	2015	2014
	(in thousands)
Weighted average shares outstanding (basic)	176,433	188,139	177,446	188,799
Impact of common stock equivalents	1,098	1,043	1,042	1,033
Weighted average shares outstanding (diluted)	177,531	189,182	178,488	189,832

For the three and six months ended June 30, 2015, 1.8 million and 2.0 million stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive. For the three and six months ended June 30, 2014, 3.3 million and 3.2 million stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive.

9

NOTE 3 – Accumulated Other Comprehensive Income

The following table presents changes in other comprehensive income:

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended June 30, 2015
Unrealized loss on securities	$	(18,474	)	$	6,466		$	(12,008	)
Reclassification adjustment for securities gains included in net income (1)	(2,413		)	844			(1,569		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	717			(251		)	466
Total Other Comprehensive Loss	$	(20,118	)	$	7,041		$	(13,077	)
Three months ended June 30, 2014
Unrealized gain on securities	$	19,984		$	(6,994	)	$	12,990
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Non-credit related unrealized gains on other-than-temporarily impaired debt securities	497			(174		)	323
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income	$	19,581		$	(6,853	)	$	12,728
Six months ended June 30, 2015
Unrealized loss on securities	$	(3,103	)	$	1,087		$	(2,016	)
Reclassification adjustment for securities gains included in net income (1)	(6,558		)	2,294			(4,264		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	192			(67		)	125
Unrealized gain on derivative financial instruments	104			(36		)	68
Amortization of net unrecognized pension and postretirement items (2)	1,434			(502		)	932
Total Other Comprehensive Loss	$	(7,931	)	$	2,776		$	(5,155	)
Six months ended June 30, 2014
Unrealized gain on securities	$	41,419		$	(14,496	)	$	26,923
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	788			(276		)	512
Unrealized gain on derivative financial instruments	105			(37		)	68
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	309			(109		)	200
Total Other Comprehensive Income	$	43,348		$	(15,168	)	$	28,180

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note 4, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note 8, "Employee Benefit Plans," for additional details.

10

The following table presents changes in each component of accumulated other comprehensive income, net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	14,311		$	440		$	(2,512	)	$	(22,039	)	$	(9,800	)
Other comprehensive loss before reclassifications	(12,008		)	—			—			—			(12,008		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,473		)	(96		)	34			466			(1,069		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Three months ended June 30, 2014
Balance at March 31, 2014	$	(13,577	)	$	1,841		$	(2,648	)	$	(7,505	)	$	(21,889	)
Other comprehensive income before reclassifications	12,990			323			—			—			13,313
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	34			104			(585		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Six months ended June 30, 2015
Balance at December 31, 2014	$	5,980		$	1,349		$	(2,546	)	$	(22,505	)	$	(17,722	)
Other comprehensive income (loss) before reclassifications	(2,016		)	125			—			—			(1,891		)
Amounts reclassified from accumulated other comprehensive income (loss)	(3,134		)	(1,130		)	68			932			(3,264		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Six months ended June 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income before reclassifications	26,923			512			—			2,144			29,579
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	68			(744		)	(1,399		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)

11

NOTE 4 – Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
June 30, 2015
Equity securities	$	23,981	$	9,072	$	(12	)	$	33,041
U.S. Government sponsored agency securities	48,333		57		(130		)	48,260
State and municipal securities	231,592		5,312		(387		)	236,517
Corporate debt securities	98,756		3,183		(4,767		)	97,172
Collateralized mortgage obligations	931,093		4,932		(17,793		)	918,232
Mortgage-backed securities	998,418		14,112		(3,866		)	1,008,664
Auction rate securities	106,504		—		(7,898		)	98,606
	$	2,438,677	$	36,668	$	(34,853	)	$	2,440,492

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2014
Equity securities	$	33,469	$	14,167	$	(13	)	$	47,623
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	209		5		—			214
State and municipal securities	238,250		7,231		(266		)	245,215
Corporate debt securities	99,016		5,126		(6,108		)	98,034
Collateralized mortgage obligations	917,395		5,705		(20,787		)	902,313
Mortgage-backed securities	914,797		16,978		(2,944		)	928,831
Auction rate securities	108,751		—		(7,810		)	100,941
	$	2,312,087	$	49,212	$	(37,928	)	$	2,323,371

Securities carried at $1.6 billion as of June 30, 2015 and $1.7 billion as of December 31, 2014 were pledged as collateral to secure public and trust deposits and customer repurchase agreements.

Equity securities include common stocks of financial institutions (estimated fair value of $27.2 million at June 30, 2015 and $41.8 million at December 31, 2014) and other equity investments (estimated fair value of $5.8 million at both June 30, 2015 and December 31, 2014).

As of June 30, 2015, the financial institutions stock portfolio had a cost basis of $18.2 million and an estimated fair value of $27.2 million, including an investment in a single financial institution with a cost basis of $10.7 million and an estimated fair value of $15.7 million. The estimated fair value of this investment accounted for 57.7% of the estimated fair value of the Corporation's investments in the common stocks of publicly traded financial institutions. No other investment within the financial institutions stock portfolio exceeded 5% of the portfolio's estimated fair value.

12

The amortized cost and estimated fair values of debt securities as of June 30, 2015, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	57,382	$	58,372
Due from one year to five years		104,022		106,663
Due from five years to ten years		148,682		151,430
Due after ten years		175,099		164,090
		485,185		480,555
Collateralized mortgage obligations		931,093		918,232
Mortgage-backed securities		998,418		1,008,664
		$	2,414,696	$	2,407,451

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended June 30, 2015	(in thousands)
Equity securities	$	2,290	$	—		$	—		$	2,290
Debt securities	125		—			—			125
Total	$	2,415	$	—		$	—		$	2,415
Three months ended June 30, 2014
Equity securities	$	—	$	—		$	(12	)	$	(12	)
Debt securities	1,124		—			—			1,124
Total	$	1,124	$	—		$	(12	)	$	1,112
Six months ended June 30, 2015
Equity securities	$	4,260	$	—		$	—		$	4,260
Debt securities	2,300		—			—			2,300
Total	$	6,560	$	—		$	—		$	6,560
Six months ended June 30, 2014
Equity securities	$	1	$	—		$	(12	)	$	(11	)
Debt securities	1,446		(323		)	—			1,123
Total	$	1,447	$	(323	)	$	(12	)	$	1,112

13

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(12,302	)	$	(19,961	)	$	(16,242	)	$	(20,691	)
Reductions for securities sold during the period	792			2,746			4,730			3,472
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			1			2			5
Balance of cumulative credit losses on debt securities, end of period	$	(11,510	)	$	(17,214	)	$	(11,510	)	$	(17,214	)

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2015:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
U.S. Government sponsored agency securities	$	28,051	$	(130	)	$	—	$	—		$	28,051	$	(130	)
State and municipal securities	34,107		(387		)	—		—			34,107		(387		)
Corporate debt securities	7,965		(13		)	35,229		(4,754		)	43,194		(4,767		)
Collateralized mortgage obligations	95,315		(651		)	517,338		(17,142		)	612,653		(17,793		)
Mortgage-backed securities	306,980		(2,498		)	69,029		(1,368		)	376,009		(3,866		)
Auction rate securities	—		—			98,606		(7,898		)	98,606		(7,898		)
Total debt securities	472,418		(3,679		)	720,202		(31,162		)	1,192,620		(34,841		)
Equity securities	—		—			78		(12		)	78		(12		)
	$	472,418	$	(3,679	)	$	720,280	$	(31,174	)	$	1,192,698	$	(34,853	)

The Corporation’s collateralized mortgage obligations and mortgage-backed securities have contractual terms that generally do not permit the issuer to settle the securities at a price less than the amortized cost of the investment. Because the decline in market value of these securities is attributable to changes in interest rates and not credit quality, and because the Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, the Corporation does not consider these investments to be other-than-temporarily impaired as of June 30, 2015.

The unrealized holding losses on auction rate securities (auction rate certificates, or "ARCs"), are attributable to liquidity issues resulting from the failure of periodic auctions. The Corporation had previously purchased ARCs for investment management and trust customers as short-term investments with fair values that could be derived based on periodic auctions under normal market conditions. During 2008 and 2009, the Corporation purchased ARCs from these customers due to the failure of these periodic auctions, which made these previously short-term investments illiquid.

As of June 30, 2015, all of the ARCs were rated above investment grade, with approximately $6 million, or 6%, "AAA" rated and $93 million, or 94%, "AA" rated. All of the loans underlying the ARCs have principal payments which are guaranteed by the federal government.

As of June 30, 2015, all ARCs were current and making scheduled interest payments. Based on management’s evaluations, ARCs with an estimated fair value of $98.6 million were not subject to any other-than-temporary impairment charges as of June 30, 2015. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

For its investments in equity securities, particularly its investments in stocks of financial institutions, management evaluates the near-term prospects of the issuers in relation to the severity and duration of the impairment. Based on that evaluation and the Corporation’s ability and intent to hold those investments for a reasonable period of time sufficient for a recovery of fair value, the Corporation does not consider those investments with unrealized holding losses as of June 30, 2015 to be other-than-temporarily impaired.

14

The majority of the Corporation's available for sale corporate debt securities are issued by financial institutions. The following table presents the amortized cost and estimated fair value of corporate debt securities:

	June 30, 2015				December 31, 2014
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,613	$	43,378	$	47,569	$	42,016
Subordinated debt	47,595		49,716		47,530		50,023
Pooled trust preferred securities	—		530		2,010		4,088
Corporate debt securities issued by financial institutions	95,208		93,624		97,109		96,127
Other corporate debt securities	3,548		3,548		1,907		1,907
Available for sale corporate debt securities	$	98,756	$	97,172	$	99,016	$	98,034

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $4.2 million at June 30, 2015. The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the three or six months ended June 30, 2015 or 2014. Seven of the Corporation's 19 single-issuer trust preferred securities were rated belowinvestment grade by at least one ratings agency, with an amortized cost of $14.5 million and an estimated fair value of $13.1 million at June 30, 2015. All of the single-issuer trust preferred securities rated below investment grade were rated "BB" or "Ba". Three single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.8 million at June 30, 2015 were not rated by any ratings agency.

During the six months ended June 30, 2015, the Corporation sold three pooled trust preferred securities with a total amortized cost of $1.9 million, for a gain of $2.3 million. As of June 30, 2015, both of the Corporation's remaining pooled trust preferred securities, with an amortized cost of $0 and an estimated fair value of $530,000, were rated below investment grade by at least one ratings agency, with ratings ranging from "C" to "Ca". The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pool. The Corporation determines the fair value of pooled trust preferred securities based on quotes provided by third-party brokers.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model is the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing assets ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

Based on management’s evaluations, corporate debt securities with a fair value of $97.2 million were not subject to any other-than-temporary impairment charges as of June 30, 2015. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

15

NOTE 5 – Loans and Allowance for Credit Losses

Loans, Net of Unearned Income

Loans, net of unearned income are summarized as follows:

	June 30, 2015			December 31, 2014
	(in thousands)
Real-estate - commercial mortgage	$	5,237,800		$	5,197,155
Commercial - industrial, financial and agricultural	3,806,699			3,725,567
Real-estate - home equity	1,689,688			1,736,688
Real-estate - residential mortgage	1,369,103			1,377,068
Real-estate - construction	731,925			690,601
Consumer	272,494			265,431
Leasing and other	147,960			127,562
Overdrafts	2,642			4,021
Loans, gross of unearned income	13,258,311			13,124,093
Unearned income	(14,081		)	(12,377		)
Loans, net of unearned income	$	13,244,230		$	13,111,716

Allowance for Credit Losses

The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries.

The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans evaluated for impairment under the FASB's ASC Section 310-10-35; and (2) allowances calculated for pools of loans measured for impairment under FASB ASC Subtopic 450-20.

The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. Commercial loans include loans secured by collateral and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect automobile loans.

The following table presents the components of the allowance for credit losses:

	June 30, 2015		December 31, 2014
	(in thousands)
Allowance for loan losses	$	167,485	$	184,144
Reserve for unfunded lending commitments	1,968		1,787
Allowance for credit losses	$	169,453	$	185,931

16

The following table presents the activity in the allowance for credit losses:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance at beginning of period	$	179,658		$	199,006		$	185,931		$	204,917
Loans charged off	(15,372		)	(11,476		)	(21,136		)	(21,744		)
Recoveries of loans previously charged off	2,967			2,412			6,158			4,269
Net loans charged off	(12,405		)	(9,064		)	(14,978		)	(17,475		)
Provision for credit losses	2,200			3,500			(1,500		)	6,000
Balance at end of period	$	169,453		$	193,442		$	169,453		$	193,442

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	52,860		$	57,150		$	23,481		$	23,235		$	8,487		$	2,527		$	1,653		$	8,308		$	177,701
Loans charged off	(1,642		)	(11,166		)	(870		)	(783		)	(87		)	(357		)	(467		)	—			(15,372		)
Recoveries of loans previously charged off	451			1,471			189			187			231			368			70			—			2,967
Net loans charged off	(1,191		)	(9,695		)	(681		)	(596		)	144			11			(397		)	—			(12,405		)
Provision for loan losses (1)	(989		)	1,715			(294		)	148			(882		)	70			359			2,062			2,189
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Three months ended June 30, 2014
Balance at March 31, 2014	$	53,757		$	50,563		$	32,460		$	33,329		$	9,842		$	3,324		$	2,011		$	11,803		$	197,089
Loans charged off	(2,141		)	(5,512		)	(1,234		)	(1,089		)	(218		)	(449		)	(833		)	—			(11,476		)
Recoveries of loans previously charged off	430			775			177			108			158			402			362			—			2,412
Net loans charged off	(1,711		)	(4,737		)	(1,057		)	(981		)	(60		)	(47		)	(471		)	—			(9,064		)
Provision for loan losses (1)	(2,204		)	3,258			638			396			1,549			29			311			(317		)	3,660
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Six months ended June 30, 2015
Balance at December 31, 2014	$	53,493		$	51,378		$	28,271		$	29,072		$	9,756		$	3,015		$	1,799		$	7,360		$	184,144
Loans charged off	(2,351		)	(13,029		)	(1,638		)	(2,064		)	(87		)	(1,137		)	(830		)	—			(21,136		)
Recoveries of loans previously charged off	887			2,257			440			346			1,378			609			241			—			6,158
Net loans charged off	(1,464		)	(10,772		)	(1,198		)	(1,718		)	1,291			(528		)	(589		)	—			(14,978		)
Provision for loan losses (1)	(1,349		)	8,564			(4,567		)	(4,567		)	(3,298		)	121			405			3,010			(1,681		)
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Six months ended June 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(3,527		)	(10,637		)	(2,885		)	(1,935		)	(432		)	(1,200		)	(1,128		)	—			(21,744		)
Recoveries of loans previously charged off	474			1,519			533			224			382			611			526			—			4,269
Net loans charged off	(3,053		)	(9,118		)	(2,352		)	(1,711		)	(50		)	(589		)	(602		)	—			(17,475		)
Provision for loan losses (1)	(2,764		)	7,872			6,171			1,373			(1,268		)	635			(917		)	(4,722		)	6,380
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685

(1) The provision for loan losses excluded an $11,000 and $181,000 increase, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2015 and a $160,000 and $380,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2014. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $2.2 million and negative $1.5 million, respectively, for the three and six months ended June 30, 2015 and $3.5 million and $6.0 million, respectively, for the three and six months ended June 30, 2014.

17

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	37,228	$	38,090	$	15,838	$	8,763	$	5,430	$	2,588	$	1,615	$	10,370	$	119,922
Evaluated for impairment under FASB ASC Section 310-10-35	13,452		11,080		6,668		14,024		2,319		20		—		N/A		47,563
	$	50,680	$	49,170	$	22,506	$	22,787	$	7,749	$	2,608	$	1,615	$	10,370	$	167,485
Loans, net of unearned income at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,172,333	$	3,764,999	$	1,676,410	$	1,315,908	$	712,975	$	272,463	$	136,521	N/A		$	13,051,609
Evaluated for impairment under FASB ASC Section 310-10-35	65,467		41,700		13,278		53,195		18,950		31		—		N/A		192,621
	$	5,237,800	$	3,806,699	$	1,689,688	$	1,369,103	$	731,925	$	272,494	$	136,521	N/A		$	13,244,230
Allowance for loan losses at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	33,388	$	36,603	$	22,234	$	11,450	$	7,163	$	3,285	$	1,851	$	11,486	$	127,460
Evaluated for impairment under FASB ASC Section 310-10-35	16,454		12,481		9,807		21,294		4,168		21		—		N/A		64,225
	$	49,842	$	49,084	$	32,041	$	32,744	$	11,331	$	3,306	$	1,851	$	11,486	$	191,685
Loans, net of unearned income at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,067,400	$	3,558,788	$	1,715,953	$	1,309,739	$	606,221	$	280,534	$	102,008	N/A		$	12,640,643
Evaluated for impairment under FASB ASC Section 310-10-35	61,334		42,933		14,544		52,237		27,797		23		—		N/A		198,868
	$	5,128,734	$	3,601,721	$	1,730,497	$	1,361,976	$	634,018	$	280,557	$	102,008	N/A		$	12,839,511

(1) The unallocated allowance, which was approximately 6% of the total allowance for credit losses as of both June 30, 2015 and June 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A    Not applicable.

Impaired Loans

A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings ("TDRs"). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total outstanding commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total outstanding commitments less than $1.0 million are pooled and measured for impairment collectively.

Based on an evaluation of all relevant credit quality factors, the Corporation recorded a $1.5 million negative provision for credit losses during the six months ended June 30, 2015, compared to a $6.0 million provision for credit losses for the same period in 2014. The $7.5 million improvement in the provision for credit losses was driven by an improvement in net charge-off levels, particularly among pooled impaired loans across all loan portfolio segments.

All loans individually evaluated for impairment under FASB ASC Section 310-10-35 are measured for losses on a quarterly basis.

As of June 30, 2015 and December 31, 2014, substantially all of the Corporation’s individually evaluated impaired loans with total outstanding balances greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real property.

As of June 30, 2015 and 2014, approximately 72% and 79%, respectively, of impaired loans with principal balances greater than or equal to $1.0 million, whose primary collateral is real estate, were measured at estimated fair value using state certified third-party appraisals that had been updated within the preceding 12 months.

When updated appraisals are not obtained for loans evaluated for impairment under FASB ASC Section 310-10-35 that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable

18

loan-to-value position and, in the opinion of the Corporation's internal loan evaluation staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans, generally less than 70%.

The following table presents total impaired loans by class segment:

	June 30, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	29,836	$	24,357	$	—	$	25,802	$	23,236	$	—
Commercial - secured	24,250		17,557		—		17,599		14,582		—
Real estate - residential mortgage	6,630		6,223		—		4,873		4,873		—
Construction - commercial residential	13,581		10,699		—		18,041		14,801		—
Construction - commercial	1,299		1,156		—		1,707		1,581		—
	75,596		59,992				68,022		59,073
With a related allowance recorded:
Real estate - commercial mortgage	49,792		41,110		13,452		49,619		40,023		16,715
Commercial - secured	26,694		21,239		10,020		24,824		19,335		12,165
Commercial - unsecured	3,062		2,904		1,060		1,241		1,089		865
Real estate - home equity	18,752		13,278		6,668		19,392		13,458		9,224
Real estate - residential mortgage	56,048		46,972		14,024		56,607		46,478		18,592
Construction - commercial residential	11,976		5,472		1,771		14,007		7,903		2,675
Construction - commercial	1,879		1,342		445		1,501		1,023		459
Construction - other	452		281		103		452		281		137
Consumer - direct	15		15		10		19		19		17
Consumer - indirect	16		16		10		20		19		18
	168,686		132,629		47,563		167,682		129,628		60,867
Total	$	244,282	$	192,621	$	47,563	$	235,704	$	188,701	$	60,867

As of June 30, 2015 and December 31, 2014, there were $60.0 million and $59.1 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

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The following table presents average impaired loans by class segment:

	Three months ended June 30								Six months ended June 30
	2015				2014				2015				2014
	Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	27,410	$	87	$	23,162	$	80	$	26,018	$	178	$	23,606	166
Commercial - secured	16,163		24		21,695		34		15,636		45		21,591		69
Real estate - home equity	—		—		300		1		—		—		300		1
Real estate - residential mortgage	5,541		32		857		5		5,318		60		571		6
Construction - commercial residential	12,171		40		17,853		62		13,048		95		16,482		122
Construction - commercial	925		—		1,418		—		1,144		—		1,604		—
	62,210		183		65,285		182		61,164		378		64,154		364
With a related allowance recorded:
Real estate - commercial mortgage	40,204		126		38,455		132		40,143		259		37,580		264
Commercial - secured	25,902		38		21,652		33		23,713		74		21,876		71
Commercial - unsecured	2,082		2		757		1		1,751		3		854		2
Real estate - home equity	13,016		33		14,049		28		13,163		64		14,145		48
Real estate - residential mortgage	47,020		270		51,153		300		46,839		543		51,134		594
Construction - commercial residential	6,031		21		7,676		27		6,655		49		9,977		62
Construction - commercial	960		—		723		—		981		—		547		—
Construction - other	281		—		413		—		281		—		458		—
Consumer - direct	17		—		16		—		18		—		14		—
Consumer - indirect	17		—		4		—		17		—		3		—
	135,530		490		134,898		521		133,561		992		136,588		1,041
Total	$	197,740	$	673	$	200,183	$	703	$	194,725	$	1,370	$	200,742	1,405

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and six months ended June 30, 2015 and 2014 represents amounts earned on accruing TDRs.

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Credit Quality Indicators and Non-performing Assets

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - commercial mortgage	$	4,943,773		$	4,899,016		$	114,385		$	127,302		$	179,642		$	170,837		$	5,237,800		$	5,197,155
Commercial - secured	3,419,331			3,333,486			123,663			120,584			110,666			110,544			3,653,660			3,564,614
Commercial - unsecured	141,431			146,680			3,667			7,463			7,941			6,810			153,039			160,953
Total commercial - industrial, financial and agricultural	3,560,762			3,480,166			127,330			128,047			118,607			117,354			3,806,699			3,725,567
Construction - commercial residential	138,834			136,109			17,526			27,495			30,588			40,066			186,948			203,670
Construction - commercial	469,515			409,631			13,314			12,202			5,587			5,586			488,416			427,419
Total construction (excluding Construction - other)	608,349			545,740			30,840			39,697			36,175			45,652			675,364			631,089
	$	9,112,884		$	8,924,922		$	272,555		$	295,046		$	334,424		$	333,843		$	9,719,863		$	9,553,811
% of Total	93.8		%	93.4		%	2.8		%	3.1		%	3.4		%	3.5		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts. The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, lease receivables and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology for those loans, which bases the probability of default on this migration.

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The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - home equity	$	1,665,771		$	1,711,017		$	9,285		$	10,931		$	14,632		$	14,740		$	1,689,688		$	1,736,688
Real estate - residential mortgage	1,316,650			1,321,139			20,891			26,934			31,562			28,995			1,369,103			1,377,068
Construction - other	55,864			59,180			—			—			697			332			56,561			59,512
Consumer - direct	103,985			104,018			2,886			2,891			2,326			2,414			109,197			109,323
Consumer - indirect	161,201			153,358			1,839			2,574			257			176			163,297			156,108
Total consumer	265,186			257,376			4,725			5,465			2,583			2,590			272,494			265,431
Leasing and other and overdrafts	135,895			118,550			553			523			73			133			136,521			119,206
	$	3,439,366		$	3,467,262		$	35,454		$	43,853		$	49,547		$	46,790		$	3,524,367		$	3,557,905
% of Total	97.6		%	97.5		%	1.0		%	1.2		%	1.4		%	1.3		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

The following table presents non-performing assets:

	June 30, 2015		December 31, 2014
	(in thousands)
Non-accrual loans	$	129,152	$	121,080
Accruing loans 90 days or more past due	20,353		17,402
Total non-performing loans	149,505		138,482
Other real estate owned (OREO)	12,763		12,022
Total non-performing assets	$	162,268	$	150,504

The following table presents TDRs, by class segment:

	June 30, 2015		December 31, 2014
	(in thousands)
Real-estate - residential mortgage	$	31,584	$	31,308
Real-estate - commercial mortgage	17,482		18,822
Commercial - secured	6,417		5,170
Construction - commercial residential	4,482		9,241
Real estate - home equity	3,299		2,975
Commercial - unsecured	174		67
Consumer - indirect	16		19
Consumer - direct	15		19
Total accruing TDRs	63,469		67,621
Non-accrual TDRs (1)	27,230		24,616
Total TDRs	$	90,699	$	92,237

(1) Included within non-accrual loans in the preceding table detailing non-performing assets.

As of June 30, 2015 and December 31, 2014, there were $6.0 million and $3.9 million, respectively, of commitments to lend additional funds to borrowers whose loans were modified under TDRs.

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The following table presents TDRs, by class segment as of June 30, 2015 and 2014 that were modified during the three and six months ended June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	3	$	1,047	1	$	143	11	$	7,823	1	$	143
Real estate - home equity	15	739		10	334		25	1,231		20	863
Real estate - residential mortgage	4	456		9	1,130		8	1,066		15	1,836
Real estate - commercial mortgage	1	132		2	2,334		4	2,627		9	9,804
Construction - commercial residential	—	—		1	1,366		1	889		2	1,914
Commercial - unsecured	—	—		—	—		1	42		—	—
Consumer - indirect	—	—		1	6		1	13		4	7
Consumer - direct	—	—		2	4		—	—		6	8
Total	23	$	2,374	26	$	5,317	51	$	13,691	57	$	14,575

The following table presents TDRs, by class segment, as of June 30, 2015 and 2014 that were modified within the previous 12 months and had a post-modification payment default during the six months ended June 30, 2015 and 2014. The Corporation defines a payment default as a single missed payment.

	2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	8	$	4,779	1	$	10
Real estate - residential mortgage	6	652		9	1,204
Real estate - home equity	7	614		9	777
Real estate - commercial mortgage	2	191		2	35
Construction - commercial residential	—	—		1	619
Total	23	$	6,236	22	$	2,645

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The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	June 30, 2015
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	16,139	$	1,848	$	1,947	$	47,985	$	49,932	$	67,919	$	5,169,881	$	5,237,800
Commercial - secured	6,489		1,463		730		32,379		33,109		41,061		3,612,599		3,653,660
Commercial - unsecured	307		80		—		2,730		2,730		3,117		149,922		153,039
Total commercial - industrial, financial and agricultural	6,796		1,543		730		35,109		35,839		44,178		3,762,521		3,806,699
Real estate - home equity	7,161		2,124		4,653		9,979		14,632		23,917		1,665,771		1,689,688
Real estate - residential mortgage	16,835		4,056		9,951		21,611		31,562		52,453		1,316,650		1,369,103
Construction - commercial residential	151		—		—		11,689		11,689		11,840		175,108		186,948
Construction - commercial	—		—		—		2,498		2,498		2,498		485,918		488,416
Construction - other	—		—		416		281		697		697		55,864		56,561
Total real estate - construction	151		—		416		14,468		14,884		15,035		716,890		731,925
Consumer - direct	2,159		727		2,326		—		2,326		5,212		103,985		109,197
Consumer - indirect	1,719		120		257		—		257		2,096		161,201		163,297
Total consumer	3,878		847		2,583		—		2,583		7,308		265,186		272,494
Leasing and other and overdrafts	468		85		73		—		73		626		135,895		136,521
Total	$	51,428	$	10,503	$	20,353	$	129,152	$	149,505	$	211,436	$	13,032,794	$	13,244,230

	December 31, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	14,399	$	3,677	$	800	$	44,437	$	45,237	$	63,313	$	5,133,842	$	5,197,155
Commercial - secured	4,839		958		610		28,747		29,357		35,154		3,529,460		3,564,614
Commercial - unsecured	395		65		9		1,022		1,031		1,491		159,462		160,953
Total commercial - industrial, financial and agricultural	5,234		1,023		619		29,769		30,388		36,645		3,688,922		3,725,567
Real estate - home equity	8,048		2,883		4,257		10,483		14,740		25,671		1,711,017		1,736,688
Real estate - residential mortgage	18,789		8,145		8,952		20,043		28,995		55,929		1,321,139		1,377,068
Construction - commercial residential	160		—		—		13,463		13,463		13,623		190,047		203,670
Construction - commercial	—		—		—		2,604		2,604		2,604		424,815		427,419
Construction - other	—		—		51		281		332		332		59,180		59,512
Total real estate - construction	160		—		51		16,348		16,399		16,559		674,042		690,601
Consumer - direct	2,034		857		2,414		—		2,414		5,305		104,018		109,323
Consumer - indirect	2,156		418		176		—		176		2,750		153,358		156,108
Total consumer	4,190		1,275		2,590		—		2,590		8,055		257,376		265,431
Leasing and other and overdrafts	357		166		133		—		133		656		118,550		119,206
Total	$	51,177	$	17,169	$	17,402	$	121,080	$	138,482	$	206,828	$	12,904,888	$	13,111,716

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NOTE 6 – Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights ("MSRs"), which are included in other assets on the consolidated balance sheets:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Amortized cost:
Balance at beginning of period	$	41,803		$	41,668		$	42,148		$	42,452
Originations of mortgage servicing rights	1,956			1,236			3,513			2,351
Amortization	(2,161		)	(318		)	(4,063		)	(2,217		)
Balance at end of period	$	41,598		$	42,586		$	41,598		$	42,586

MSRs represent the economic value of existing contractual rights to service mortgage loans that have been sold. Accordingly, actual and expected prepayments of the underlying mortgage loans can impact the value of MSRs.

The Corporation estimates the fair value of its MSRs by discounting the estimated cash flows from servicing income, net of expense, over the expected life of the underlying loans at a discount rate commensurate with the risk associated with these assets. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. No valuation allowance was necessary as of June 30, 2015 or 2014.

The Corporation accounts for MSRs at the lower of amortized cost or fair value. As of June 30, 2015, the estimated fair value of MSRs was $45.7 million, which exceeded their book value.

NOTE 7 – Stock-Based Compensation

The Corporation grants equity awards to employees, consisting of stock options, restricted stock, RSUs and PSUs under its Amended and Restated Equity and Cash Incentive Compensation Plan ("Employee Equity Plan"). In addition, employees may purchase stock under the Corporation’s Employee Stock Purchase Plan. The fair value of equity awards granted to employees is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards. Compensation expense for PSUs is also recognized over the period during which employees are required to provide service in exchange for such awards, however, compensation expense may vary based on the expectations for actual performance relative to defined performance measures.

The Corporation also grants equity awards to non-employee members of its board of directors under the 2011 Directors’ Equity Participation Plan ("Directors’ Plan"). Under the Directors’ Plan, the Corporation can grant equity awards to non-employee holding company and subsidiary bank directors in the form of stock options, restricted stock or common stock.

Equity awards issued under the Employee Equity Plan are generally granted annually and become fully vested over or after a three-year vesting period. The vesting period for non-performance based awards represents the period during which employees are required to provide service in exchange for such awards. Equity awards under the Directors' Plan generally vest immediately upon grant. Certain events, as defined in the Employee Equity Plan and the Directors' Plan, result in the acceleration of the vesting of equity awards.

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Stock-based compensation expense	$	1,767		$	1,989		$	2,838		$	3,022
Tax benefit	(622		)	(446		)	(914		)	(709		)
Stock-based compensation expense, net of tax	$	1,145		$	1,543		$	1,924		$	2,313

Stock option fair values are estimated through the use of the Black-Scholes valuation methodology as of the date of grant. Stock options carry terms of up to ten years. Fair values for restricted stock, RSUs and a majority of PSUs are based on the trading price

25

of the Corporation’s stock on the date of grant and earn dividends during the vesting period, which are forfeitable if the awards do not vest. The fair value of certain PSUs are estimated through the use of the Monte Carlo valuation methodology as of the date of grant.

As of June 30, 2015, the Employee Equity Plan had 11.6 million shares reserved for future grants through 2023 and the Directors’ Plan had approximately 396,000 shares reserved for future grants through 2021. On April 1, 2015, the Corporation granted approximately 403,000 PSUs and 139,500 RSUs under its Employee Equity Plan.

NOTE 8 – Employee Benefit Plans

The Corporation maintains a defined benefit pension plan ("Pension Plan") for certain employees, which was curtailed effective January 1, 2008. Contributions to the Pension Plan are actuarially determined and funded annually, if required. Pension Plan assets are invested in: money markets; fixed income securities, including corporate bonds, U.S. Treasury securities and common trust funds; and equity securities, including common stocks and common stock mutual funds.

The net periodic benefit cost for the Corporation’s Pension Plan consisted of the following components:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	145		$	92		$	290		$	184
Interest cost	851			853			1,702			1,706
Expected return on plan assets	(752		)	(810		)	(1,504		)	(1,621		)
Net amortization and deferral	782			244			1,564			488
Net periodic benefit cost	$	1,026		$	379		$	2,052		$	757

(1) The Pension Plan service cost recorded for the six months ended June 30, 2015 and 2014 was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The Corporation currently provides medical and life insurance benefits under a postretirement benefits plan ("Postretirement Plan") to certain retired full-time employees who were employees of the Corporation prior to January 1, 1998.

Effective February 1, 2014, the Corporation amended the Postretirement Plan, making all active full-time employees ineligible for benefits under this plan. As a result of this amendment, the Corporation recorded a $1.5 million gain during the six months ended June 30, 2014, as a reduction to salaries and employee benefits on the consolidated statements of income. The gain resulted from the recognition of the remaining prior service cost prior to the amendment date as of December 31, 2013. In addition, this amendment resulted in a $3.4 million decrease in the accumulated postretirement benefit obligation and a corresponding increase in unrecognized prior service cost credits.

The net periodic cost (benefit) of the Corporation’s Postretirement Plan consisted of the following components, excluding the $1.5 million plan amendment gain in 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	—		$	—		$	—		$	15
Interest cost	52			48			104			109
Net accretion and deferral	(65		)	(84		)	(130		)	(179		)
Net periodic benefit	$	(13	)	$	(36	)	$	(26	)	$	(55	)

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014.

The Corporation recognizes the funded status of its Pension Plan and Postretirement Plan on the consolidated balance sheets and recognizes the change in that funded status through other comprehensive income.

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NOTE 9 – Derivative Financial Instruments

The Corporation manages its exposure to certain interest rate and foreign currency risks through the use of derivatives. None of the Corporation's outstanding derivative contracts are designated as hedges and none are entered into for speculative purposes. Derivative instruments are carried at fair value, with changes in fair values recognized in earnings as components of non-interest income and non-interest expense on the consolidated statements of income.

Derivative contracts create counterparty credit risk with both the Corporation's customers and with institutional derivative counterparties. The Corporation manages counterparty credit risk through its credit approval processes, monitoring procedures and obtaining adequate collateral, when the Corporation determines it is appropriate to do so and in accordance with counterparty contracts.

Mortgage Banking Derivatives

In connection with its mortgage banking activities, the Corporation enters into commitments to originate certain fixed rate residential mortgage loans for customers, also referred to as interest rate locks. In addition, the Corporation enters into forward commitments for the future sales or purchases of mortgage-backed securities to or from third-party counterparties to hedge the effect of changes in interest rates on the values of both the interest rate locks and mortgage loans held for sale. Forward sales commitments may also be in the form of commitments to sell individual mortgage loans at a fixed price at a future date. The amount necessary to settle each interest rate lock is based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within mortgage banking income on the consolidated statements of income.

Interest Rate Swaps

The Corporation enters into interest rate swaps with certain qualifying commercial loan customers to meet their interest rate risk management needs. The Corporation simultaneously enters into interest rate swaps with dealer counterparties, with identical notional amounts and terms. The net result of these interest rate swaps is that the customer pays a fixed rate of interest and the Corporation receives a floating rate. These interest rate swaps are derivative financial instruments that are recorded at their fair value within other assets and other liabilities on the consolidated balance sheets. Changes in fair value during the period are recorded within other non-interest expense on the consolidated statements of income.

Foreign Exchange Contracts

The Corporation enters into foreign exchange contracts to accommodate the needs of its customers. Foreign exchange contracts are commitments to buy or sell foreign currency on a future date at a contractual price. The Corporation offsets its foreign exchange contract exposure with customers by entering into contracts with third-party correspondent financial institutions to mitigate its exposure to fluctuations in foreign currency exchange rates. The Corporation also holds certain amounts of foreign currency with international correspondent banks. The Corporation's policy limits the total net foreign currency open positions, which includes all outstanding contracts and foreign account balances, to $500,000. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within other service charges and fees on the consolidated statements of income.

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The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	June 30, 2015					December 31, 2014
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	126,063	$	1,268		$	89,655	$	1,391
Negative fair values	2,240		(48		)	301		(6		)
Net interest rate locks with customers			1,220					1,385
Forward Commitments
Positive fair values	111,387		1,705			—		—
Negative fair values	27,107		(24		)	93,802		(1,164		)
Net forward commitments			1,681					(1,164		)
Interest Rate Swaps with Customers
Positive fair values	558,750		19,317			468,080		19,716
Negative fair values	46,937		(234		)	25,418		(198		)
Net interest rate swaps with customers			19,083					19,518
Interest Rate Swaps with Dealer Counterparties
Positive fair values	46,937		234			25,418		198
Negative fair values	558,750		(19,317		)	468,080		(19,716		)
Net interest rate swaps with dealer counterparties			(19,083		)			(19,518		)
Foreign Exchange Contracts with Customers
Positive fair values	8,200		572			11,616		810
Negative fair values	7,128		(384		)	5,250		(441		)
Net foreign exchange contracts with customers			188					369
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	9,296		629			5,287		446
Negative fair values	9,824		(672		)	13,572		(876		)
Net foreign exchange contracts with correspondent banks			(43		)			(430		)
Net derivative fair value asset			$	3,046				$	160

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Interest rate locks with customers	$	(1,287	)	$	1,203		$	(165	)	$	1,592
Forward commitments	2,291			(1,503		)	2,845			(3,001		)
Interest rate swaps with customers	(9,839		)	6,135			(435		)	10,340
Interest rate swaps with dealer counterparties	9,839			(6,135		)	435			(10,340		)
Foreign exchange contracts with customers	(748		)	105			(181		)	297
Foreign exchange contracts with correspondent banks	711			(98		)	387			(366		)
Net fair value gains (losses) on derivative financial instruments	$	967		$	(293	)	$	2,886		$	(1,478	)

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NOTE 10 – Fair Value Option

U.S. GAAP permits entities to measure many financial instruments and certain other items at fair value and requires certain disclosures for amounts for which the fair value option is applied. The Corporation has elected to measure mortgage loans held for sale at fair value to more accurately reflect the financial results of its mortgage banking activities in its consolidated financial statements. Derivative financial instruments related to these activities are also recorded at fair value, as noted within Note 9, "Derivative Financial Instruments." The Corporation determines fair value for its mortgage loans held for sale based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Changes in fair values during the period are recorded as components of mortgage banking income on the consolidated statements of income. Interest income earned on mortgage loans held for sale is classified within interest income on the consolidated statements of income.

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	June 30, 2015		December 31, 2014
	(in thousands)
Cost	$	33,760	$	17,080
Fair value	33,980		17,522

During the three and six months ended June 30, 2015, the Corporation recorded losses related to changes in fair values of mortgage loans held for sale of $483,000 and $222,000, respectively. During the three and six months ended June 30, 2014, the Corporation recorded gains related to changes in fair values of mortgage loans held for sale of $518,000 and $815,000, respectively.

NOTE 11 – Balance Sheet Offsetting

Certain financial assets and liabilities may be eligible for offset on the consolidated balance sheets as they are subject to master netting arrangements or similar agreements. The Corporation elects to not offset assets and liabilities subject to such arrangements on the consolidated financial statements.

The Corporation is a party to interest rate swap transactions with financial institution counterparties and customers, disclosed in detail within Note 9, "Derivative Financial Instruments." Under these agreements, the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. Cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default.

The Corporation is also a party to foreign currency exchange contracts with financial institution counterparties, under which the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. As with interest rate swap contracts, cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the foreign currency exchange contracts in the event of default. For additional details, see Note 9, "Derivative Financial Instruments."

The Corporation also enters into agreements with customers in which it sells securities subject to an obligation to repurchase the same or similar securities, referred to as repurchase agreements. Under these agreements, the Corporation may transfer legal control over the assets but still maintain effective control through agreements that both entitle and obligate the Corporation to repurchase the assets. Therefore, repurchase agreements are reported as secured borrowings, classified within short-term borrowings on the consolidated balance sheets, while the securities underlying the repurchase agreements remain classified with investment securities on the consolidated balance sheets. The Corporation has no intention of setting off these amounts, therefore, these repurchase agreements are not eligible for offset.

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The following table presents the Corporation's financial instruments that are eligible for offset, and the effects of offsetting, on the consolidated balance sheets:

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
June 30, 2015
Interest rate swap derivative assets	$	19,551	$	(235	)	$	—		$	19,316
Foreign exchange derivative assets with correspondent banks	629		(629		)	—			—
Total	$	20,180	$	(864	)	$	—		$	19,316
Interest rate swap derivative liabilities	$	19,551	$	(235	)	$	(19,290	)	$	26
Foreign exchange derivative liabilities with correspondent banks	672		(629		)	—			43
Total	$	20,223	$	(864	)	$	(19,290	)	$	69
December 31, 2014
Interest rate swap derivative assets	$	19,914	$	(206	)	$	—		$	19,708
Foreign exchange derivative assets with correspondent banks	446		(446		)	—			—
Total	$	20,360	$	(652	)	$	—		$	19,708
Interest rate swap derivative liabilities	$	19,914	$	(206	)	$	(19,210	)	$	498
Foreign exchange derivative liabilities with correspondent banks	876		(446		)	(310		)	120
Total	$	20,790	$	(652	)	$	(19,520	)	$	618

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

NOTE 12 – Commitments and Contingencies

Commitments

The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers.

Those financial instruments include commitments to extend credit and letters of credit, which involve, to varying degrees, elements of credit risk and interest rate risk in excess of the amounts recognized on the Corporation’s consolidated balance sheets. Exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the outstanding amount of those instruments.

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	June 30, 2015		December 31, 2014
	(in thousands)
Commitments to extend credit	$	5,071,983	$	4,389,064
Standby letters of credit	387,996		382,465
Commercial letters of credit	35,769		32,304

The Corporation records a reserve for unfunded lending commitments, which represents management’s estimate of losses associated with unused commitments to extend credit. See Note 5, "Loans and Allowance for Credit Losses," for additional details.

Residential Lending

Residential mortgages originated and sold by the Corporation consist primarily of conforming, prime loans sold to government sponsored agencies, such as the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). The Corporation also sells a portion of prime loans to non-government sponsored agency investors.

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The Corporation provides customary representations and warranties to investors that specify, among other things, that the loans have been underwritten to the standards established by the investor. The Corporation may be required to repurchase a loan, or reimburse the investor for a credit loss incurred on a loan, if it is determined that the representations and warranties have not been met. Such repurchases or reimbursements generally result from an underwriting or documentation deficiency. As of June 30, 2015 and December 31, 2014, total outstanding repurchase requests were $918,000 and $543,000, respectively.

From 2000 to 2011, the Corporation sold loans to the Federal Home Loan Bank of Pittsburgh under its Mortgage Partnership Finance Program ("MPF Program"). No loans were sold under this program during the six months ended June 30, 2015 or 2014. The Corporation provided a "credit enhancement" for residential mortgage loans sold under the MPF Program whereby it would assume credit losses in excess of a defined "First Loss Account," or "FLA" balance, up to specified amounts. The FLA is funded by the Federal Home Loan Bank of Pittsburgh based on a percentage of the outstanding principal balance of loans sold. As of June 30, 2015, the unpaid principal balance of loans sold under the MPF Program was approximately $140 million. As of June 30, 2015 and December 31, 2014, the reserve for estimated credit losses related to loans sold under the MPF Program was $2.1 million and $2.3 million, respectively. Required reserves are calculated based on delinquency status and estimated loss rates established through the Corporation's existing allowance for credit losses methodology for residential mortgage loans.

As of June 30, 2015 and December 31, 2014, the total reserve for losses on residential mortgage loans sold was $2.9 million and $3.2 million, respectively, including both reserves for credit losses under the MPF Program and reserves for representation and warranty exposures. Management believes that the reserves recorded as of June 30, 2015 are adequate. However, declines in collateral values, the identification of additional loans to be repurchased, or a deterioration in the credit quality of loans sold under the MPF Program could necessitate additional reserves, established through charges to earnings, in the future.

Other Contingencies

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations. Refer also to Part II. Other Information, Item 1. Legal Proceedings.

NOTE 13 – Fair Value Measurements

FASB ASC Topic 820 establishes a fair value hierarchy for the inputs to valuation techniques used to measure assets and liabilities at fair value using the following three categories (from highest to lowest priority):

• Level 1 – Inputs that represent quoted prices for identical instruments in active markets.

• Level 2 – Inputs that represent quoted prices for similar instruments in active markets, or quoted prices for identical instruments in non-active markets. Also includes valuation techniques whose inputs are derived principally from observable market data other than quoted prices, such as interest rates or other market-corroborated means.

• Level 3 – Inputs that are largely unobservable, as little or no market data exists for the instrument being valued.

The Corporation has categorized all assets and liabilities measured at fair value on both a recurring and nonrecurring basis into the above three levels.

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The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	33,980	$	—	$	33,980
Available for sale investment securities:
Equity securities	33,041		—		—		33,041
U.S. Government sponsored agency securities	—		48,260		—		48,260
State and municipal securities	—		236,517		—		236,517
Corporate debt securities	—		92,822		4,350		97,172
Collateralized mortgage obligations	—		918,232		—		918,232
Mortgage-backed securities	—		1,008,664		—		1,008,664
Auction rate securities	—		—		98,606		98,606
Total available for sale investments	33,041		2,304,495		102,956		2,440,492
Other assets	18,002		22,524		—		40,526
Total assets	$	51,043	$	2,360,999	$	102,956	$	2,514,998
Other liabilities	$	17,848	$	19,622	$	—	$	37,470

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	17,522	$	—	$	17,522
Available for sale investment securities:
Equity securities	47,623		—		—		47,623
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		214		—		214
State and municipal securities	—		245,215		—		245,215
Corporate debt securities	—		90,126		7,908		98,034
Collateralized mortgage obligations	—		902,313		—		902,313
Mortgage-backed securities	—		928,831		—		928,831
Auction rate securities	—		—		100,941		100,941
Total available for sale investments	47,623		2,166,899		108,849		2,323,371
Other assets	17,682		21,305		—		38,987
Total assets	$	65,305	$	2,205,726	$	108,849	$	2,379,880
Other liabilities	$	17,737	$	21,084	$	—	$	38,821

The valuation techniques used to measure fair value for the items in the preceding tables are as follows:

• Mortgage loans held for sale – This category consists of mortgage loans held for sale that the Corporation has elected to measure at fair value. Fair values as of June 30, 2015 and December 31, 2014 were measured based on the price that secondary market investors were offering for loans with similar characteristics. See Note 10, "Fair Value Option" for details related to the Corporation’s election to measure assets and liabilities at fair value.

• Available for sale investment securities – Included within this asset category are both equity and debt securities. Level 2 available for sale debt securities are valued by a third-party pricing service commonly used in the banking industry. The pricing service uses pricing models that vary based on asset class and incorporate available market information, including quoted prices of investment securities with similar characteristics. Because many fixed income securities do not trade on a daily basis, pricing models use available information, as applicable, through processes such as benchmark yield curves, benchmarking of like securities, sector groupings, and matrix pricing.

Standard market inputs include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data, including market research publications. For certain security types, additional inputs may be used, or some of the standard market inputs may not be applicable.

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Management tests the values provided by the pricing service by obtaining securities prices from an alternative third-party source and comparing the results. This test is done for approximately 80% of the securities valued by the pricing service. Generally, differences by security in excess of 5% are researched to reconcile the difference.

• Equity securities – Equity securities consist of common stocks of financial institutions ($27.2 million at June 30, 2015 and $41.8 million at December 31, 2014) and other equity investments ($5.8 million at both June 30, 2015 and December 31, 2014). These Level 1 investments are measured at fair value based on quoted prices for identical securities in active markets.

• U.S. Government securities/U.S. Government sponsored agency securities/State and municipal securities/Collateralized mortgage obligations/Mortgage-backed securities – These debt securities are classified as Level 2 investments. Fair values are determined by a third-party pricing service, as detailed above.

• Corporate debt securities – This category consists of subordinated debt issued by financial institutions ($49.7 million at June 30, 2015 and $50.0 million at December 31, 2014), single-issuer trust preferred securities issued by financial institutions ($43.4 million at June 30, 2015 and $42.0 million at December 31, 2014), pooled trust preferred securities issued by financial institutions ($530,000 at June 30, 2015 and $4.1 million at December 31, 2014) and other corporate debt issued by non-financial institutions ($3.5 million at June 30, 2015 and $1.9 million at December 31, 2014).

Level 2 investments include the Corporation’s holdings of subordinated debt, other corporate debt issued by non-financial institutions and $39.6 million and $38.2 million of single-issuer trust preferred securities held at June 30, 2015 and December 31, 2014, respectively. The fair values for these corporate debt securities are determined by a third-party pricing service, as detailed above.

Level 3 investments include the Corporation’s investments in pooled trust preferred securities and certain single-issuer trust preferred securities ($3.8 million at June 30, 2015 and December 31, 2014). The fair values of these securities were determined based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers. The Corporation’s third-party pricing service cannot derive fair values for these securities primarily due to inactive markets for similar investments. Level 3 values are tested by management primarily through trend analysis, by comparing current values to those reported at the end of the preceding calendar quarter, and determining if they are reasonable based on price and spread movements for this asset class.

• Auction rate securities – Due to their illiquidity, ARCs are classified as Level 3 investments and are valued through the use of an expected cash flows model prepared by a third-party valuation expert. The assumptions used in preparing the expected cash flows model include estimates for coupon rates, time to maturity and market rates of return. The most significant unobservable input to the expected cash flows model is an assumed return to market liquidity sometime within the next five years. If the assumed return to market liquidity was lengthened beyond the next five years, this would result in a decrease in the fair value of these ARCs. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid. Level 3 values are tested by management through the performance of a trend analysis of the market price and discount rate. Changes in the price and discount rates are compared to changes in market data, including bond ratings, parity ratios, balances and delinquency levels.

Other assets – Included within this category are the following:

• Level 1 assets include mutual funds that are held in trust for employee deferred compensation plans ($16.8 million at June 30, 2015 and $16.4 million at December 31, 2014) and the fair value of foreign currency exchange contracts ($1.2 million at June 30, 2015 and $1.3 million at December 31, 2014). The mutual funds and foreign exchange prices used to measure these items at fair value are based on quoted prices for identical instruments in active markets.

• Level 2 assets include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($3.0 million at June 30, 2015 and $1.4 million at December 31, 2014) and the fair value of interest rate swaps ($19.6 million at June 30, 2015 and $19.9 million at December 31, 2014). The fair values of the Corporation’s interest rate locks, forward commitments and interest rate swaps represent the amounts that would be required to settle the derivative financial instruments at the balance sheet date. See Note 9, "Derivative Financial Instruments," for additional information.

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• Other liabilities – Included within this category are the following:

• Level 1 liabilities include employee deferred compensation liabilities which represent amounts due to employees under deferred compensation plans ($16.8 million at June 30, 2015 and $16.4 million at December 31, 2014) and the fair value of foreign currency exchange contracts ($1.0 million at June 30, 2015 and $1.3 million at December 31, 2014). The fair value of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

• Level 2 liabilities include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($72,000 at June 30, 2015 and $1.2 million at December 31, 2014) and the fair value of interest rate swaps ($19.6 million at June 30, 2015 and $19.9 million at December 31, 2014). The fair values of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

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The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at March 31, 2015	$	1,084		$	3,820		$	98,932
Sales	(554		)	—			—
Unrealized adjustment to fair value (1)	—			(2		)	(420		)
Discount accretion (2)	—			2			94
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Three months ended June 30, 2014
Balance at March 31, 2014	$	5,659		$	3,820		$	147,713
Sales	(1,394		)	—			—
Unrealized adjustment to fair value (1)	38			(2		)	124
Settlements - calls	(28		)	—			(1,081		)
Discount accretion (2)	—			2			175
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931
	Six months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at December 31, 2014	$	4,088		$	3,820		$	100,941
Sales	(3,633		)	—			—
Unrealized adjustment to fair value (2)	190			(4		)	(88		)
Settlements - calls	(117		)	—			(2,446		)
Discount accretion (3)	2			4			199
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Six months ended June 30, 2014
Balance at December 31, 2013	$	5,306		$	3,781		$	159,274
Sales	(1,394		)	—			(11,912		)
Unrealized adjustment to fair value (2)	559			36			248
Settlements - calls	(200		)	—			(1,081		)
Discount accretion (3)	4			3			402
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931

(1) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(2) Included as a component of net interest income on the consolidated statements of income.

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Certain financial assets are not measured at fair value on an ongoing basis, but are subject to fair value measurement in certain circumstances, such as upon their acquisition or when there is evidence of impairment. The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	145,058	$	145,058
Other financial assets	—		—		54,361		54,361
Total assets	$	—	$	—	$	199,419	$	199,419

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	127,834	$	127,834
Other financial assets	—		—		54,170		54,170
Total assets	$	—	$	—	$	182,004	$	182,004

The valuation techniques used to measure fair value for the items in the table above are as follows:

• Net loans – This category consists of loans that were evaluated for impairment under FASB ASC Section 310-10-35 and have been classified as Level 3 assets. The amount shown is the balance of impaired loans, net of the related allowance for loan losses. See Note 5, "Loans and Allowance for Credit Losses," for additional details.

• Other financial assets – This category includes OREO ($12.8 million at June 30, 2015 and $12.0 million at December 31, 2014) and MSRs ($41.6 million at June 30, 2015 and $42.1 million at December 31, 2014), both classified as Level 3 assets.

Fair values for OREO were based on estimated selling prices less estimated selling costs for similar assets in active markets.

MSRs are initially recorded at fair value upon the sale of residential mortgage loans to secondary market investors. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are stratified and evaluated for impairment by comparing each stratum's carrying amount to its estimated fair value. Fair values are determined at the end of each quarter through a discounted cash flows valuation performed by a third-party valuation expert. Significant inputs to the valuation included expected net servicing income, the discount rate and the expected life of the underlying loans. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. The weighted average annual constant prepayment rate and the weighted average discount rate used in the June 30, 2015 valuation were 11.3% and 9.6%, respectively. Management tests the reasonableness of the significant inputs to the third-party valuation in comparison to market data.

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As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of June 30, 2015 and December 31, 2014. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	June 30, 2015				December 31, 2014
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	100,455	$	100,455	$	105,702	$	105,702
Interest-bearing deposits with other banks	322,218		322,218		358,130		358,130
Federal Reserve Bank and Federal Home Loan Bank stock	65,106		65,106		64,953		64,953
Loans held for sale (1)	33,980		33,980		17,522		17,522
Available for sale investment securities (1)	2,440,492		2,440,492		2,323,371		2,323,371
Loans, net of unearned income (1)	13,244,230		13,129,521		13,111,716		13,030,543
Accrued interest receivable	41,193		41,193		41,818		41,818
Other financial assets (1)	157,792		157,792		169,764		169,764
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,501,956	$	10,501,956	$	10,296,055	$	10,296,055
Time deposits	3,003,753		2,999,352		3,071,451		3,069,883
Short-term borrowings	409,035		409,035		329,719		329,719
Accrued interest payable	15,172		15,172		18,045		18,045
Other financial liabilities (1)	175,220		175,220		172,786		172,786
Federal Home Loan Bank advances and long-term debt	1,132,641		1,152,810		1,139,413		1,142,980

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

Fair values of financial instruments are significantly affected by the assumptions used, principally the timing of future cash flows and discount rates. Because assumptions are inherently subjective in nature, the estimated fair values cannot be substantiated by comparison to independent market quotes and, in many cases, the estimated fair values could not necessarily be realized in an immediate sale or settlement of the instrument. The aggregate fair value amounts presented do not necessarily represent management’s estimate of the underlying value of the Corporation.

For short-term financial instruments, defined as those with remaining maturities of 90 days or less, and excluding those recorded at fair value on the Corporation’s consolidated balance sheets, book value was considered to be a reasonable estimate of fair value.

The following instruments are predominantly short-term:

Assets	Liabilities
Cash and due from banks	Demand and savings deposits
Interest bearing deposits with other banks	Short-term borrowings
Accrued interest receivable	Accrued interest payable

Federal Reserve Bank and Federal Home Loan Bank stock represent restricted investments and are carried at cost on the consolidated balance sheets. Each of the Corporation’s subsidiary banks is a member of the Federal Home Loan Bank for the region encompassing the headquarters of the subsidiary bank.  Memberships are maintained with the Atlanta, New York and Pittsburgh regional Federal Home Loan Banks (collectively referred to as the "FHLB").

Fair values for loans and time deposits were estimated by discounting future cash flows using the current rates at which similar loans would be made to borrowers and similar deposits would be issued to customers for the same remaining maturities. Fair values estimated in this manner do not fully incorporate an exit price approach to fair value, as defined in FASB ASC Topic 820.

The fair values of FHLB advances and long-term debt were estimated by discounting the remaining contractual cash flows using a rate at which the Corporation could issue debt with similar remaining maturities as of the balance sheet date. These borrowings would be categorized within Level 2 liabilities under FASB ASC Topic 820.

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NOTE 14 – Common Stock Repurchase Plans

In November 2014, the Corporation entered into an accelerated share repurchase agreement ("ASR") with a third party to repurchase $100.0 million of shares of its common stock. Under the terms of the ASR, the Corporation paid $100.0 million to the third party in November 2014 and received an initial delivery of 6.5 million shares, representing 80% of the shares expected to be delivered under the ASR, based on the closing price for the Corporation’s shares on November 13, 2014. In April 2015, the third party delivered an additional 1.8 million shares of common stock pursuant to the terms of the ASR, thereby completing the $100.0 million ASR. The Corporation repurchased a total of 8.3 million shares of common stock under the ASR at an average price of $12.05 per share.

In April 2015, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation is authorized to repurchase up to$50.0 millionof its outstanding shares of common stock, or approximately2.3%of its outstanding shares, through December 31, 2015.Repurchased shares may be added to treasury stock, at cost, and will be used for general corporate purposes. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in open market or privately negotiated transactions, including, without limitation, through accelerated share repurchase transactions. The share repurchase program may be discontinued at any time. Through June 30, 2015, 1.5 million shares had been repurchased under this program for a total cost of $19.0 million, or $12.36 per share.

NOTE 15 – Subsequent Event

In June 2015, the Corporation issued $150 million of ten-year subordinated notes, which mature on November 15, 2024 and carry a fixed rate of 4.50% and an effective rate of approximately 4.70% as a result of issuance costs. Interest is paid semi-annually in May and November.

The proceeds from the issuance of the subordinated notes were used to redeem $150 million of trust preferred securities in July 2015. The redeemed securities carried a fixed interest rate of 6.29% and an effective rate of 6.52%, and had a scheduled maturity of February 1, 2036. As a result of this transaction, the Corporation recorded a $5.6 million loss on redemption, included as a component of non-interest expense, in July 2015.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Management’s Discussion and Analysis of Financial Condition and Results of Operations ("Management’s Discussion") relates to Fulton Financial Corporation (the "Corporation"), a financial holding company registered under the Bank Holding Company Act of 1956 and incorporated under the laws of the Commonwealth of Pennsylvania in 1982, and its wholly owned subsidiaries. Management’s Discussion should be read in conjunction with the consolidated financial statements and notes presented in this report.

FORWARD-LOOKING STATEMENTS

The Corporation has made, and may continue to make, certain forward-looking statements with respect to its financial condition and results of operations. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends" and similar expressions which are intended to identify forward-looking statements.  Statements relating to the "outlook" or "outlook for 2015" contained herein are forward-looking statements.

These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Corporation's control and ability to predict, that could cause actual results to differ materially from those expressed in the forward-looking statements. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Many factors could affect future financial results including, without limitation: 

• the effects of market interest rates, and the relative balances of rate-sensitive assets to rate-sensitive liabilities, on net interest margin and net interest income;

• the effects of changes in interest rates on demand for the Corporation’s products and services;

• the effects of changes in interest rates or disruptions in liquidity markets on the Corporation’s sources of funding;

• the Corporation’s ability to manage liquidity, both at the holding company level and at its subsidiary banks;

• the impact of increased regulatory scrutiny of the banking industry;

• the effects of the increasing amounts of time and expense associated with regulatory compliance and risk management;

• the potential for negative consequences from regulatory violations, including potential supervisory actions and the assessment of fines and penalties;

• the additional time, expense and investment required to comply with, and the restrictions on potential growth and investment activities resulting from, the existing enforcement orders applicable to the Corporation by federal and state bank regulatory agencies requiring improvement in compliance functions and other remedial actions, or any future enforcement orders;

• the Corporation’s ability to manage the uncertainty associated with the delay in implementing many of the regulations mandated by the Dodd-Frank Act;

• the effects of negative publicity on the Corporation’s reputation;

• the Corporation’s ability to successfully transform its business model;

• the Corporation’s ability to achieve its growth plans;

• the effects of competition on deposit rates and growth, loan rates and growth and net interest margin;

• the Corporation’s ability to manage the level of non-interest expenses, including salaries and employee benefits expenses, operating risk losses and goodwill impairment;

• the impact of adverse conditions in the economy and capital markets on the performance of the Corporation’s loan portfolio and demand for the Corporation’s products and services;

• increases in non-performing assets, which may require the Corporation to increase the allowance for credit losses, charge off loans and incur elevated collection and carrying costs related to such non-performing assets;

• investment securities gains and losses, including other-than-temporary declines in the value of securities which may result in charges to earnings;

• the impact of operational risks, including the risk of human error, inadequate or failed internal processes and systems, computer and telecommunications systems failures, faulty or incomplete data and an inadequate risk management framework;

• the impact of failures of third parties upon which the Corporation relies to perform in accordance with contractual arrangements;

• the failure or circumvention of the Corporation’s system of internal controls;

• the loss of, or failure to safeguard, confidential or proprietary information;

• the Corporation’s failure to identify and to address cyber-security risks;

• the Corporation’s ability to keep pace with technological changes;

• the Corporation’s ability to attract and retain talented personnel;

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• capital and liquidity strategies, including the Corporation’s ability to comply with applicable capital and liquidity requirements, and the Corporation’s ability to generate capital internally or raise capital on favorable terms;

• the Corporation’s reliance on its subsidiaries for substantially all of its revenues and its ability to pay dividends or other distributions; and

• the effects of any downgrade in the Corporation’s credit ratings on its borrowing costs or access to capital markets.

RESULTS OF OPERATIONS

Overview and Outlook

Fulton Financial Corporation is a financial holding company comprised of six wholly owned banking subsidiaries which provide a full range of retail and commercial financial services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The Corporation generates the majority of its revenue through net interest income, or the difference between interest earned on loans and investments and interest paid on deposits and borrowings. Growth in net interest income is dependent upon balance sheet growth and/or maintaining or increasing the net interest margin, which is net interest income (fully taxable-equivalent, or "FTE") as a percentage of average interest-earning assets. The Corporation also generates revenue through fees earned on the various services and products offered to its customers and through gains on sales of assets, such as loans, investments, lines of business or properties. Offsetting these revenue sources are provisions for credit losses on loans, non-interest expenses and income taxes.

The following table presents a summary of the Corporation’s earnings and selected performance ratios:

	As of or for the Three months ended June 30						As of or for the Six months ended June 30
	2015			2014			2015			2014
Income before income taxes (in thousands)	$	48,855		$	53,096		$	102,395		$	109,113
Net income (in thousands)	$	36,680		$	39,596		$	76,716		$	81,379
Diluted net income per share	$	0.21		$	0.21		$	0.43		$	0.43
Return on average assets	0.86		%	0.94		%	0.90		%	0.97		%
Return on average equity	7.24		%	7.63		%	7.64		%	7.92		%
Net interest margin (1)	3.20		%	3.41		%	3.24		%	3.44		%
Non-performing assets to total assets	0.93		%	0.96		%	0.93		%	0.96		%
Annualized net charge-offs to average loans	0.38		%	0.28		%	0.23		%	0.27		%

(1) Presented on an FTE basis, using a 35% Federal tax rate and statutory interest expense disallowances. See also the “Net Interest Income” section of Management’s Discussion.

Income before income taxes for the three months and six months ended June 30, 2015 decreased $4.2 million, or 8.0%, and $6.7 million, or 6.2%, respectively compared to the same periods of 2014. The Corporation's results for the three and six months ended June 30, 2015 in comparison to the same periods in 2014 were most significantly impacted by declines in net interest income and increases in non-interest expense, partially offset by decreases in the provision for credit losses and higher non-interest income.

Following is a summary of financial highlights for the three and six months ended June 30, 2015:

Net Interest Income and Net Interest Margin - For the three and six months ended June 30, 2015, net interest income decreased $5.0 million, or 3.9%, and $11.0 million, or 4.3%, respectively, in comparison to the same periods in 2014.

For both the three and six month periods, the decrease in net interest income resulted from the impact of lower net interest margins, partially offset by the impact of growth in interest-earning assets.The second quarter of 2015 saw a 21 basis point decrease in the net interest margin in comparison to the same period in 2014, as yields on interest-earning assets declined 18 basis points, while the cost of interest-bearing liabilities increased 6 basis points. For the first six months of 2015, the net interest margin decreased 20 basis points in comparison to the same period in 2014 as yields on interest-earning assets decreased 16 basis points and the cost of interest-bearing liabilities increased 8 basis points.

Average interest-earning assets increased $383.3 million, or 2.5%, in the second quarter of 2015 in comparison to the same period of 2014, mainly due to a $396.9 million, or 3.1%, increase in average loans and a $200.5 million, or 83.9%, increase in other interest-earning assets, partially offset by a $222.9 million, or 8.9%, decrease in average investment securities.

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Average interest-earning assets increased $315.9 million, or 2.0%, in the first half of 2015 in comparison to the same period of 2014, primarily as a result of a $365.2 million, or 2.9%, increase in average loans and a $207.8 million, or 83.5%, increase in other interest-earning assets, partially offset by a $263.3 million, or 10.4%, decrease in average investment securities.

Average interest-bearing liabilities decreased $69.3 million, or 0.6%, in the second quarter of 2015 in comparison to the second quarter of 2014, primarily due to a $667.7 million, or 63.7%, decrease in short-term borrowings, offset by a $465.9 million, or 5.0%, increase in interest-bearing deposits and a $132.5 million, or 14.8%, increase in FHLB advances and long-term debt. Additional funding to support the increase in interest-earning assets was provided by a $412.7 million, or 12.4%, increase in noninterest-bearing deposits.

During the first half of 2015, average interest-bearing liabilities decreased $121.4 million, or 1.1%, in comparison to the first half of 2014 primarily due to a $783.1 million, or 69.4%, decrease in average short-term borrowings, offset by a $475.4 million, or 5.1%, increase in interest-bearing deposits and a $186.2 million, or 20.9%, increase in FHLB advances and long-term debt. Additional funding to support the increase in interest-earning assets was provided by a $415.6 million, or 12.7%, increase in noninterest-bearing deposits.

Asset Quality - The Corporation recorded a $2.2 million provision for credit losses during the three months ended June 30, 2015, compared to a $3.5 million provision for credit losses for the same period in 2014. During the six months ended June 30, 2015, the Corporation recorded a $1.5 million negative provision for credit losses compared to a $6.0 million provision for credit losses for the same period in 2014.

Annualized net charge-offs to average loans outstanding were 0.38% for the second quarter of 2015, compared to 0.28% for the second quarter of 2014. For the first six months of 2015, annualized net charge-off to average loans outstanding were 0.23% compared to 0.27% for the same period of 2014. Non-performing loans increased $193,000 since June 30, 2014. The total delinquency rate was 1.60% as of June 30, 2015, compared to 1.75% as of June 30, 2014.

Non-interest Income - For the three and six months ended June 30, 2015, non-interest income, excluding investment securities gains, increased $314,000, or 0.7%, and $2.4 million, or 2.9%, respectively, in comparison to the same periods in 2014. The increase in the second quarter of 2015 compared to the second quarter of 2014 was primarily a result of an increase in other service charges and fees, partially offset by lower mortgage banking income. The increase realized during the first half of 2015 compared to the first half of 2014 resulted from other service charges and fees, mortgage banking income and other income.

Gains on sales of investment securities for the three and six months ended June 30, 2015 were $2.4 million and $6.6 million, respectively, as compared to $1.1 million for both the three and six months ended June 30, 2014.

Non-interest Expense - For the three and six months ended June 30, 2015, non-interest expense increased $2.2 million, or 1.9%, and $11.1 million, or 4.9%, in comparison to the same periods in 2014. Increases in both comparative periods were seen primarily in salaries and employee benefits, data processing and other outside services. These increases were mitigated by lower professional fees in both periods and a decrease in operating risk loss in the six-month period.

In both 2015 and 2014, the Corporation implemented cost savings initiatives to mitigate the impact of elevated expense levels related to the continued build out of its risk, compliance and information technology infrastructures. In both periods, these initiatives included branch consolidations, changes in employee benefits and reductions in staffing.

During the first six months of 2015, these initiatives included the consolidation of nine branches, modifications to retirement benefits and the elimination of certain positions. These actions resulted in implementation expenses of $520,000 in the second quarter of 2015 and $2.0 million for the first six months of 2015. In July 2015, the Corporation consolidated two additional branches, which are expected to result in approximately $200,000 additional implementation expenses in the third quarter of 2015. The annualized expense reductions from all of these 2015 initiatives, when completed, are projected to be approximately $6.5 million, with $4.8 million expected to be realized in 2015

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.

In 2014, cost savings initiatives resulted in implementation expenses, net of associated gains, of $980,000 during the first six months and cost savings for the full year of approximately $7 million, or a projected annualized rate of $7.9 million.

The following table presents a summary of the 2015 and 2014 cost savings initiatives:

	Three months ended June 30, 2015					Six months ended June 30, 2015
	Implementation Expenses		Expense Reductions			Implementation Expenses			Expense Reductions			Estimated Expense Reductions for the Year Ending December 31, 2015			Projected Annualized Cost Savings
	(in thousands)
Branch consolidations	$	520	$	(165	)	$	1,570		$	(165	)	$	(1,690	)	$	(3,050	)
Modification of retirement benefits and staffing reductions	—		(740		)	450			(1,495		)	(3,065		)	(3,470		)
2015 cost savings initiatives	$	520	$	(905	)	$	2,020		$	(1,660	)	$	(4,755	)	$	(6,520	)
	Three months ended June 30, 2014					Six months ended June 30, 2014
	Implementation Expenses (Gains)		Expense Reductions			Implementation Expenses (Gains)			Expense Reductions			Actual Expense Reductions for the Year Ended December 31, 2014			Projected Annualized Cost Savings
	(in thousands)
Branch consolidations	$	—	$	(800	)	$	2,080		$	(800	)	$	(2,400	)	$	(3,200	)
Subsidiary bank management reductions and other employee benefit reductions	—		(1,175		)	(1,100		)	(2,195		)	(4,550		)	(4,700		)
2014 cost savings initiatives	$	—	$	(1,975	)	$	980		$	(2,995	)	$	(6,950	)	$	(7,900	)

Regulatory Enforcement Orders -During 2014 and 2015, the Corporation and each of its banking subsidiaries became subject to regulatory enforcement orders (the "Regulatory Orders") issued by banking regulatory agencies relating to identified deficiencies in a centralized Bank Secrecy Act and anti-money laundering compliance program (the "BSA/AML Compliance Program"), which was designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, the "BSA/AML Requirements"). The Regulatory Orders are described in more detail in Part II. Other Information, Item 1. Legal Proceedings.

The Regulatory Orders require, among other things, that the Corporation and its banking subsidiaries review, assess and take actions to strengthen and enhance the BSA/AML Compliance Program, and, in some cases, conduct retrospective reviews of past account activity and transactions, as well as certain reports filed in accordance with the BSA/AML Requirements, to determine whether suspicious activity and certain transactions in currency were properly identified and reported in accordance with the BSA/AML Requirements.

In addition to requiring strengthening and enhancement of the BSA/AML Compliance Program, while the Regulatory Orders remain in effect, the Corporation is subject to certain restrictions on expansion activities of the Corporation and its subsidiary banks. Further, any failure to comply with the requirements of any of the Regulatory Orders involving the Corporation or its subsidiary banks could result in further enforcement actions, the imposition of material restrictions on the activities of the Corporation or its subsidiary banks, or the assessment of fines or penalties.

Additional expenses and investments have been incurred as the Corporation expanded its hiring of personnel and use of outside professionals, such as consulting and legal services, and capital investments in operating systems to strengthen and support the BSA/AML Compliance Program, as well as the Corporation’s broader compliance and risk management infrastructures. The expense and capital investment associated with all of these efforts, including in connection with the Regulatory Orders, have had an adverse effect on the Corporation’s results of operations in recent periods and could have a material adverse effect on the Corporation’s results of operations in future periods.

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2015 Outlook

The Corporation's original outlook for 2015 included the following:

• anticipated annual average loan and deposit growth rates of 3% to 7%;

• net interest margin compression at a rate of 0 to 4 basis points per quarter, on average, based on the current interest rate environment;

• continued modest provision for credit losses, although provisions could be impacted by the performance of individual credits;

• annual mid- to high-single digit annual growth rate in non-interest income, excluding the impact of securities gains; and

• annual non-interest expense growth in the low-single digit rate.

Based on results for the first six months of 2015 and expectations for the remainder of 2015, the Corporation has updated its 2015 outlook. The updated outlook for 2015 is as follows:

• anticipated annual average loan and deposit growth rates of 3% to 7%, with loan growth likely to be at the lower end of the range;

• net interest margin compression at a rate of 5 to 8 basis points over the remaining six months of 2015;

• continued modest provision for credit losses, although provisions could be impacted by the performance of individual credits;

• non-interest income growth is expected to be at the lower end of the mid- to high-single digit range; and

• In July 2015, the Corporation incurred a $5.6 million loss on the redemption of the $150 million of trust preferred securities (see Note 15, "Subsequent Event," in the Notes to the Consolidated Financial Statements). Excluding this loss, the original outlook for non-interest expense growth remains unchanged.

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Quarter Ended June 30, 2015 compared to the Quarter Ended June 30, 2014

Net Interest Income

Fully-taxable equivalent (FTE) net interest income decreased $4.7 million, to $127.4 million, in the second quarter of 2015, from $132.2 million in the second quarter of 2014. This decrease was primarily due to a 21 basis point, or 6.2%, decrease in the net interest margin, to 3.20% for the second quarter of 2015 from 3.41% for the second quarter of 2014, partially offset by the impact of an increase in average interest-earning assets. The following table provides a comparative average balance sheet and net interest income analysis for the second quarter of 2015 as compared to the same period in 2014. Interest income and yields are presented on an FTE basis, using a 35% Federal tax rate and statutory interest expense disallowances. The discussion following this table is based on these FTE amounts. All dollar amounts are in thousands.

	Three months ended June 30
	2015								2014
ASSETS	Average Balance			Interest (1)			Yield/ Rate		Average Balance			Interest (1)			Yield/ Rate
Interest-earning assets:
Loans, net of unearned income (2)	$	13,192,600		$	133,339		4.05	%	$	12,795,747		$	134,387		4.21	%
Taxable investment securities (3)	2,048,558			10,944			2.14		2,211,004			12,418			2.25
Tax-exempt investment securities (3)	216,355			2,894			5.35		270,482			3,534			5.23
Equity securities (3)	27,618			379			5.50		33,922			419			4.95
Total investment securities	2,292,531			14,217			2.48		2,515,408			16,371			2.60
Loans held for sale	26,335			265			4.03		17,540			214			4.87
Other interest-earning assets	439,425			933			0.85		238,921			1,207			2.02
Total interest-earning assets	15,950,891			148,754			3.74	%	15,567,616			152,179			3.92	%
Noninterest-earning assets:
Cash and due from banks	104,723								198,291
Premises and equipment	226,569								224,586
Other assets	1,094,071								1,037,654
Less: Allowance for loan losses	(176,085		)						(196,462		)
Total Assets	$	17,200,169							$	16,831,685
LIABILITIES AND EQUITY
Interest-bearing liabilities:
Demand deposits	$	3,152,697		$	987		0.13	%	$	2,914,887		$	904		0.12	%
Savings deposits	3,568,579			1,247			0.14		3,355,929			1,031			0.12
Time deposits	3,027,520			7,819			1.04		3,012,061			6,750			0.90
Total interest-bearing deposits	9,748,796			10,053			0.41		9,282,877			8,685			0.38
Short-term borrowings	379,988			103			0.11		1,047,684			540			0.21
Federal Home Loan Bank advances and long-term debt	1,026,987			11,153			4.35		894,511			10,779			4.83
Total interest-bearing liabilities	11,155,771			21,309			0.77	%	11,225,072			20,004			0.71	%
Noninterest-bearing liabilities:
Demand deposits	3,734,880								3,322,195
Other	277,730								202,520
Total Liabilities	15,168,381								14,749,787
Shareholders’ equity	2,031,788								2,081,898
Total Liabilities and Shareholders’ Equity	$	17,200,169							$	16,831,685
Net interest income/net interest margin (FTE)				127,445			3.20	%				132,175			3.41	%
Tax equivalent adjustment				(4,525		)						(4,277		)
Net interest income				$	122,920							$	127,898

(1) Includes dividends earned on equity securities.

(2) Includes non-performing loans.

(3) Balances include amortized historical cost for available for sale securities; the related unrealized holding gains (losses) are included in other assets.

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The following table summarizes the changes in FTE interest income and interest expense resulting from changes in average balances (volume) and changes in rates for the three months ended June 30:

	2015 vs. 2014 Increase (Decrease) due to change in
	Volume			Rate			Net
	(in thousands)
Interest income on:
Loans, net of unearned income	$	4,116		$	(5,164	)	$	(1,048	)
Taxable investment securities	(885		)	(589		)	(1,474		)
Tax-exempt investment securities	(719		)	79			(640		)
Equity securities	(84		)	44			(40		)
Loans held for sale	93			(42		)	51
Other interest-earning assets	663			(937		)	(274		)
Total interest income	$	3,184		$	(6,609	)	$	(3,425	)
Interest expense on:
Demand deposits	$	41		$	42		$	83
Savings deposits	59			157			216
Time deposits	34			1,035			1,069
Short-term borrowings	(250		)	(187		)	(437		)
Federal Home Loan Bank advances and long-term debt	1,505			(1,131		)	374
Total interest expense	$	1,389		$	(84	)	$	1,305

Note: Changes which are partially attributable to both volume and rate are allocated to the volume and rate components presented above based on the percentage of direct changes that are attributable to each component.

As summarized above, an 18 basis point, or 4.6%, decrease in yields on average interest-earning assets, primarily loans, resulted in a $6.6 million decrease in FTE interest income, partially offset by a $3.2 million increase in FTE interest income as a result of an increase in interest-earning assets, primarily loans and other interest-earning assets, partially offset by a decrease in investment securities.

Average investment securities decreased $222.9 million, or 8.9%, as portfolio cash flows were not fully reinvested. The yield on average investment securities decreased 12 basis points, or 4.6%, to 2.48% in the second quarter of 2015 from 2.60% in the second quarter of 2014. The decrease in average investment securities was partially offset by a $200.5 million, or 83.9%, increase in other interest-earning assets. During the fourth quarter of 2014, the Corporation changed providers for check clearing services to the Federal Reserve Bank of Philadelphia, resulting in the transfer of clearing account balances from non-interest earning assets to low-yielding interest-bearing Federal Reserve Bank accounts.As a result, average other interest-earning assets increased $200.5 million, however, the average yield on other interest-earning assets decreased 117 basis points, or 57.9%

Average loans and average FTE yields, by type, are summarized in the following table:

	Three months ended June 30								Increase (Decrease) in
	2015				2014				Balance
	Balance		Yield		Balance		Yield		$			%
	(dollars in thousands)
Real estate – commercial mortgage	$	5,210,540	4.15	%	$	5,138,537	4.36	%	$	72,003		1.4	%
Commercial – industrial, financial and agricultural	3,836,397		3.79		3,617,977		3.95		218,420			6.0
Real estate – home equity	1,695,171		4.11		1,735,767		4.18		(40,596		)	(2.3	)
Real estate – residential mortgage	1,356,464		3.82		1,339,034		3.97		17,430			1.3
Real estate – construction	698,685		3.97		588,176		4.17		110,509			18.8
Consumer	265,354		5.48		276,444		4.56		(11,090		)	(4.0	)
Leasing and other	129,989		6.94		99,812		9.20		30,177			30.2
Total	$	13,192,600	4.05	%	$	12,795,747	4.21	%	$	396,853		3.1	%

45

Average loans increased $396.9 million, or 3.1%, compared to the second quarter of 2014, mainly in commercial loans, construction loans and leasing and other. The growth in commercial loans and leasing and other was driven by a combination of loans and leases to new customers and increased borrowings from existing customers, while the growth in construction loans was primarily due to an increase in loans secured by commercial properties. The average yield on loans decreased 16 basis points, or 3.8%, to 4.05% in 2015 from 4.21% in 2014. The decrease in average yields on loans was attributable to repayments of higher-yielding loans, continued refinancing activity at lower rates, and new loan production at rates lower than the overall portfolio yield.

Interest expense increased $1.3 million, or 6.5%, to $21.3 million in the second quarter of 2015 from $20.0 million in the second quarter of 2014. Although average interest-bearing liabilities decreased $69.3 million, or 0.6%, compared to the second quarter of 2014, a change in funding mix from lower cost short-term Federal funds purchased and short-term FHLB advances to higher cost deposits and long-term FHLB advances and subordinated debt resulted in a $1.4 million increase in interest expense.

Average deposits and average interest rates, by type, are summarized in the following table:

	Three months ended June 30								Increase in Balance
	2015				2014
	Balance		Rate		Balance		Rate		$		%
	(dollars in thousands)
Noninterest-bearing demand	$	3,734,880	—	%	$	3,322,195	—	%	$	412,685	12.4	%
Interest-bearing demand	3,152,697		0.13		2,914,887		0.12		237,810		8.2
Savings	3,568,579		0.14		3,355,929		0.12		212,650		6.3
Total demand and savings	10,456,156		0.09		9,593,011		0.08		863,145		9.0
Time deposits	3,027,520		1.04		3,012,061		0.90		15,459		0.5
Total deposits	$	13,483,676	0.30	%	$	12,605,072	0.28	%	$	878,604	7.0	%

The $863.1 million, or 9.0%, increase in total demand and savings accounts was primarily due to a $399.2 million, or 12.2%, increase in business account balances, a $281.6 million, or 6.0%, increase in personal account balances and a $180.7 million, or 11.2%, increase in municipal account balances. The average cost of total deposits increased two basis points largely due to an increase in rates on average time deposits.

Average borrowings and interest rates, by type, are summarized in the following table:

	Three months ended June 30								Increase (Decrease) in
	2015				2014				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	179,804	0.10	%	$	216,212	0.11	%	$	(36,408	)	(16.8	)%
Customer short-term promissory notes	80,073		—		81,823		0.05		(1,750		)	(2.1	)
Total short-term customer funding	259,877		0.07		298,035		0.09		(38,158		)	(12.8	)
Federal funds purchased	108,078		0.17		444,429		0.22		(336,351		)	(75.7	)
Short-term FHLB advances (1)	12,033		0.34		305,220		0.30		(293,187		)	(96.1	)
Total short-term borrowings	379,988		0.11		1,047,684		0.21		(667,696		)	(63.7	)
Long-term debt:
FHLB advances	627,939		3.51		524,782		4.07		103,157			19.7
Other long-term debt	399,048		5.67		369,729		5.90		29,319			7.9
Total long-term debt	1,026,987		4.35		894,511		4.83		132,476			14.8
Total borrowings	$	1,406,975	3.20	%	$	1,942,195	2.33	%	$	(535,220	)	(27.6	)%

(1) Represents FHLB advances with an original maturity term of less than one year.

Total short-term borrowings decreased $667.7 million, or 63.7%, primarily in Federal funds purchased and short-term FHLB advances. The decrease was driven by lower wholesale funding needs resulting from the increase in average deposits exceeding the growth in average interest-earning assets.

46

The $103.2 million increase in FHLB advances was a result of the Corporation’s efforts to lengthen maturities and lock in longer-term rates, while the $29.3 million increase in other long-term debt was a result of the issuance of $150.0 million of subordinated debt in June 2015. The issuance of $100 million of subordinated debt in November 2014 and the maturity of $100 million of subordinated debt on April 1, 2015 had no net impact on comparative average balances for the quarter.

The average cost of total borrowings increased 87 basis points, or 37.3%, to 3.20% in 2015 from 2.33% in 2014, primarily due to the weighted average cost impact of a decrease in lower-cost, short-term borrowings, which were 27.0% of total borrowings in the second quarter of 2015, compared to 53.9% for the same period in 2014.

Provision for Credit Losses

The provision for credit losses was $2.2 million for the second quarter of 2015, a decrease of $1.3 million from the second quarter of 2014. This decrease resulted from lower allowance for credit losses allocation needs as asset quality improved.

The provision for credit losses is recognized as an expense in the consolidated statements of income and is the amount necessary to adjust the allowance for credit losses to its appropriate balance, as determined through the Corporation's allowance methodology. The Corporation determines the appropriate level of the allowance for credit losses based on many quantitative and qualitative factors, including, but not limited to: the size and composition of the loan portfolio, changes in risk ratings, changes in collateral values, delinquency levels, historical losses and economic conditions. See the "Financial Condition" section of Management's Discussion under the heading "Provision for Credit Losses and Allowance for Credit Losses" for details related to the Corporation's allowance and provision for credit losses.

Non-Interest Income

The following table presents the components of non-interest income:

	Three months ended June 30				Increase (Decrease)
	2015		2014		$			%
	(dollars in thousands)
Service charges on deposit accounts:
Overdraft fees	$	5,353	$	5,542	$	(189	)	(3.4	)%
Cash management fees	3,369		3,293		76			2.3
Other	3,915		3,717		198			5.3
Total service charges on deposit accounts	12,637		12,552		85			0.7
Investment management and trust services	11,011		11,339		(328		)	(2.9	)
Other service charges and fees:
Merchant fees	4,088		3,843		245			6.4
Debit card income	2,626		2,435		191			7.8
Letter of credit fees	1,174		1,184		(10		)	(0.8	)
Commercial swap fees	1,026		994		32			3.2
Other	2,074		2,070		4			0.2
Total other service charges and fees	10,988		10,526		462			4.4
Mortgage banking income:
Gain on sales of mortgage loans	4,428		2,974		1,454			48.9
Mortgage servicing income	911		2,767		(1,856		)	(67.1	)
Total mortgage banking income	5,339		5,741		(402		)	(7.0	)
Credit card income	2,474		2,353		121			5.1
Other income	1,625		1,249		376			30.1
Total, excluding gains on sales of investment securities	44,074		43,760		314			0.7
Net gains on sales of investment securities	2,415		1,112		1,303			117.2
Total	$	46,489	$	44,872	$	1,617		3.6	%

47

Excluding net gains on sales of investment securities, non-interest income increased $314,000, or 0.7%, the net effect of modest increases in certain income categories being partially offset by modest decreases in others. The following is a discussion of some of the more noteworthy items.

The $189,000, or 3.4%, decrease in overdraft fee income consisted of a $158,000 decrease in fees assessed on personal accounts and a $31,000 decrease in fees assessed on commercial accounts. The overall decline in these fees resulted from a reduction in the number of overdrafts, partially driven by changes in customer behavior. Partially offsetting the decrease in overdraft fee income was a $198,000, or 5.3%, increase in other service charges on deposits.

Investment management and trust services income decreased $328,000, or 2.9%, mainly in brokerage income as a result of declines in retail referrals.

The $245,000, or 6.4%, increase in merchant fee income and the $191,000, or 7.8%, increase in debit card income were due to an increase in the volumes of transactions in comparison to the second quarter of 2015.

Gains on sales of mortgage loans increased $1.5 million, or 48.9%, due to a 41.6% increase in pricing spreads and a $13.5 million, or 5.2%, increase in new loan commitments compared to the second quarter of 2014. Mortgage servicing income decreased $1.9 million, or 67.1%, due to an increase in amortization of mortgage servicing rights (MSRs), as prepayments were higher.

The $376,000, or 30.1%, increase in other income was due to higher gains on the sales of fixed assets.

Investment securities gains for the second quarter of 2015 were from sales of financial institution stocks and pooled trust preferred securities. Investment securities gains in the second quarter of 2014 were from sales of debt securities. See Note 4, "Investment Securities," in the Notes to Consolidated Financial Statements for additional details.

Non-Interest Expense

The following table presents the components of non-interest expense:

	Three months ended June 30				Increase (Decrease)
	2015		2014		$			%
	(dollars in thousands)
Salaries and employee benefits	$	65,067	$	63,623	$	1,444		2.3	%
Net occupancy expense	11,809		11,464		345			3.0
Other outside services	8,125		7,240		885			12.2
Data processing	4,894		4,331		563			13.0
Software	3,376		3,209		167			5.2
Equipment expense	3,335		3,360		(25		)	(0.7	)
FDIC insurance expense	2,885		2,615		270			10.3
Professional fees	2,731		3,559		(828		)	(23.3	)
Supplies and postage	2,726		2,451		275			11.2
Marketing	2,235		2,337		(102		)	(4.4	)
Telecommunications	1,617		1,787		(170		)	(9.5	)
Operating risk loss	674		716		(42		)	(5.9	)
Other real estate owned and repossession expense	129		748		(619		)	(82.8	)
Intangible amortization	106		315		(209		)	(66.3	)
Other	8,645		8,419		226			2.7
Total	$	118,354	$	116,174	$	2,180		1.9	%

The $1.4 million, or 2.3%, increase in salaries and employee benefits resulted from a $2.2 million, or 4.2%, increase in salaries partially offset by a $781,000, or 7.2%, decrease in employee benefits. The increase in salaries was primarily due to higher average salaries per full-time equivalent employee and an increase in incentive compensation, partially offset by the impact of a decrease in the number of full-time equivalent employees, to 3,470 as of June 30, 2015 from 3,530 as of June 30, 2014. The decrease in employee benefits was primarily due to decreases in employee healthcare costs and profit sharing expense, partially offset by an increase in defined benefit plan expense.

48

The $885,000, or 12.2%, increase in other outside services resulted from the timing of engagements related to risk management and compliance efforts, including those in connection with the enhancement of the Corporation’s program for compliance with the BSA/AML Requirements.

The $730,0000, or 9.7%, combined increase in data processing and software resulted from increased expenses related to the core processing system and amortization of capitalized software investments. The $828,000, or 23.3%, decrease in professional fees was due to a decrease in legal fees primarily resulting from the timing of engagements with outside counsel.

The $619,000, or 82.8%, decrease in other real estate expense was primarily due to a decrease in repossession expense. This expense category can experience volatility from period to period based on the timing of sales of properties and payments of expenses, such as real estate taxes.

Income Taxes

Income tax expense for the second quarter of 2015 was $12.2 million, a $1.3 million, or 9.8%, decrease from $13.5 million for the second quarter of 2014.

The Corporation’s effective tax rate was 24.9% in the second quarter of 2015, as compared to 25.4% in the second quarter of 2014. The effective tax rate is generally lower than the Federal statutory rate of 35% due to investments in tax-free municipal securities and credits earned from investments in partnerships that generate tax credits under various federal programs.

49

Six Months Ended June 30, 2015 compared to the Six Months Ended June 30, 2014

Net Interest Income

FTE net interest income decreased $10.5 million, or 3.9%, to $255.5 million in the first six months of 2015 from $266.0 million in the same period of 2014. Net interest margin decreased 20 basis points, or 5.8%, to 3.24% for the first six months of 2015 from 3.44% for the first six months of 2014. The decrease in net interest margin was the result of a 16 basis point, or 4.1%, decrease in yields on interest-earning assets, as well as an 8 basis point, or 11.4%, increase in funding costs.

	Six months ended June 30
	2015								2014
ASSETS	Average Balance			Interest  (1)			Yield/ Rate		Average Balance			Interest  (1)			Yield/ Rate
Interest-earning assets:
Loans, net of unearned income (2)	$	13,144,332		$	266,394		4.08	%	$	12,779,145		$	269,131		4.24	%
Taxable investment securities (3)	2,027,170			22,226			2.19		2,234,259			25,684			2.30
Tax-exempt investment securities (3)	222,684			6,106			5.48		274,856			7,147			5.20
Equity securities (3)	29,901			829			5.58		33,922			848			5.03
Total investment securities	2,279,755			29,161			2.56		2,543,037			33,679			2.65
Loans held for sale	21,694			438			4.04		15,494			348			4.49
Other interest-earning assets	456,633			3,038			1.33		248,807			2,089			1.68
Total interest-earning assets	15,902,414			299,031			3.79	%	15,586,483			305,247			3.95	%
Noninterest-earning assets:
Cash and due from banks	104,996								198,962
Premises and equipment	226,480								225,436
Other assets	1,104,019								1,034,877
Less: Allowance for loan losses	(179,985		)						(199,813		)
Total Assets	$	17,157,924							$	16,845,945
LIABILITIES AND EQUITY
Interest-bearing liabilities:
Demand deposits	$	3,144,358		$	1,970		0.13	%	$	2,929,965		$	1,813		0.12	%
Savings deposits	3,542,960			2,366			0.13		3,353,910			2,066			0.12
Time deposits	3,044,463			15,540			1.03		2,972,480			12,702			0.86
Total interest-bearing deposits	9,731,781			19,876			0.41		9,256,355			16,581			0.36
Short-term borrowings	344,797			180			0.10		1,127,872			1,173			0.21
FHLB advances and long-term debt	1,075,262			23,444			4.38		889,051			21,477			4.85
Total interest-bearing liabilities	11,151,840			43,500			0.78	%	11,273,278			39,231			0.70	%
Noninterest-bearing liabilities:
Demand deposits	3,698,661								3,283,027
Other	283,504								217,181
Total Liabilities	15,134,005								14,773,486
Shareholders’ equity	2,023,919								2,072,459
Total Liabilities and Shareholders’ Equity	$	17,157,924							$	16,845,945
Net interest income/net interest margin (FTE)				255,531			3.24	%				266,016			3.44	%
Tax equivalent adjustment				(9,030		)						(8,553		)
Net interest income				$	246,501							$	257,463

(1) Includes dividends earned on equity securities.

(2) Includes non-performing loans.

(3) Balances include amortized historical cost for available for sale securities; the related unrealized holding gains (losses) are included in other assets.

50

The following table summarizes the changes in FTE interest income and expense for the first six months of 2015 as compared to the same period in 2014 due to changes in average balances (volume) and changes in rates:

	2015 vs. 2014 Increase (Decrease) due to change in
	Volume			Rate			Net
	(in thousands)
Interest income on:
Loans, net of unearned income	$	7,755		$	(10,492	)	$	(2,737	)
Taxable investment securities	(2,166		)	(1,292		)	(3,458		)
Tax-exempt investment securities	(1,362		)	321			(1,041		)
Equity securities	(106		)	87			(19		)
Loans held for sale	130			(40		)	90
Other interest-earning assets	1,468			(519		)	949
Total interest income	$	5,719		$	(11,935	)	$	(6,216	)
Interest expense on:
Demand deposits	$	134		$	23		$	157
Savings deposits	120			180			300
Time deposits	315			2,523			2,838
Short-term borrowings	(566		)	(427		)	(993		)
FHLB advances and long-term debt	4,252			(2,285		)	1,967
Total interest expense	$	4,255		$	14		$	4,269

Note: Changes which are partially attributable to both volume and rate are allocated to the volume and rate components presented above based on the percentage of direct changes that are attributable to each component.

A 16 basis point, or 4.1%, decrease in yields on average interest-earning assets resulted in an $11.9 million decrease in FTE interest income, which was partially offset by a $5.7 million increase in FTE interest income resulting from a $315.9 million, or 2.0%, increase in average interest-earning assets, primarily loans and other interest-earning assets, partially offset by a decrease in investment securities.

Average investment securities decreased $263.3 million, or 10.4%, as portfolio cash flows were not fully reinvested. The yield on average investments decreased 9 basis points, or 3.4%, to 2.56% in 2015 from 2.65% in 2014. The decrease in average investment securities was partially offset by a $207.8 million, or 83.5%, increase in other interest-earning assets. During the fourth quarter of 2014, the Corporation changed providers for check clearing services to the Federal Reserve Bank of Philadelphia, resulting in the transfer of clearing account balances from non-interest earning assets to low-yielding interest-bearing Federal Reserve Bank accounts, which contributed to a decrease in the yield on other interest-earning assets.

Average loans, by type, are summarized in the following table:

	Six months ended June 30								Increase (Decrease) in
	2015				2014				Balance
	Balance		Yield		Balance		Yield		$			%
	(dollars in thousands)
Real estate – commercial mortgage	$	5,187,322	4.19	%	$	5,111,979	4.40	%	$	75,343		1.5	%
Commercial – industrial, financial and agricultural	3,803,475		3.83		3,627,471		3.99		176,004			4.9
Real estate – home equity	1,708,163		4.13		1,745,503		4.18		(37,340		)	(2.1	)
Real estate – residential mortgage	1,363,382		3.83		1,337,686		3.98		25,696			1.9
Real estate – construction	693,715		3.95		582,294		4.13		111,421			19.1
Consumer	262,265		5.37		275,682		4.69		(13,417		)	(4.9	)
Leasing and other	126,010		7.64		98,530		9.72		27,480			27.9
Total	$	13,144,332	4.08	%	$	12,779,145	4.24	%	$	365,187		2.9	%

51

The average yield on loans decreased 16 basis points, or 3.8%, to 4.08% in 2015 from 4.24% in 2014. The decrease in average yields on loans was attributable to repayments of higher-yielding loans and new loan production at lower rates and elimination of interest rate floors on certain loans. Average loan balances increased $365.2 million, or 2.9%. The $176.0 million, or 4.9%, increase in commercial loans and the $111.4 million, or 19.1%, increase in real estate construction loans were from both new and existing customers.

Interest expense increased $4.3 million, or 10.9%, to $43.5 million in the first six months of 2015 from $39.2 million in the first six months of 2014. Although total average interest-bearing liabilities decreased $121.4 million, or 1.1%, compared to the first six months of 2014, a change in funding mix from lower cost short-term Federal funds purchased and short-term FHLB advances to higher cost deposits and long-term FHLB advances and subordinated debt drove the $4.3 million increase in interest expense.

Average deposits, by type, are summarized in the following table:

	Six months ended June 30								Increase in Balance
	2015				2014
	Balance		Rate		Balance		Rate		$		%
	(dollars in thousands)
Noninterest-bearing demand	$	3,698,661	—	%	$	3,283,027	—	%	$	415,634	12.7	%
Interest-bearing demand	3,144,358		0.13		2,929,965		0.12		214,393		7.3
Savings	3,542,960		0.13		3,353,910		0.12		189,050		5.6
Total demand and savings	10,385,979		0.08		9,566,902		0.08		819,077		8.6
Time deposits	3,044,463		1.03		2,972,480		0.86		71,983		2.4
Total deposits	$	13,430,442	0.30	%	$	12,539,382	0.27	%	$	891,060	7.1	%

The $819.1 million, or 8.6%, increase in total demand and savings account balances was primarily due to a $410.6 million, or 12.6%, increase in business account balances, a $240.1 million, or 5.2%, increase in personal account balances and a $168.5 million, or 10.3%, increase in municipal account balances. The average cost of deposits increased 3 basis points, or 11.1%, to 0.30% in 2015 from 0.27% in 2014, primarily due to an increase in higher-cost time deposits.

The following table summarizes changes in average short-term borrowings and long-term debt, by type:

	Six months ended June 30								Increase (Decrease) in
	2015				2014				Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	176,732	0.10	%	$	201,866	0.11	%	$	(25,134	)	(12.5	)%
Customer short-term promissory notes	83,148		0.02		91,856		0.06		(8,708		)	(9.5	)
Total short-term customer funding	259,880		0.07		293,722		0.09		(33,842		)	(11.5	)
Federal funds purchased	66,795		0.17		430,407		0.21		(363,612		)	(84.5	)
Short-term FHLB advances (1)	18,122		0.30		403,743		0.29		(385,621		)	(95.5	)
Total short-term borrowings	344,797		0.10		1,127,872		0.21		(783,075		)	(69.4	)
Long-term debt:
FHLB advances	642,736		3.50		519,316		4.11		123,420			23.8
Other long-term debt	432,526		5.68		369,735		5.90		62,791			17.0
Total long-term debt	1,075,262		4.38		889,051		4.85		186,211			20.9
Total	$	1,420,059	3.34	%	$	2,016,923	2.26	%	$	(596,864	)	(29.6	)%

(1) Represents FHLB advances with an original maturity term of less than one year.

Total short-term borrowings decreased $783.1 million, or 69.4%, primarily in federal funds purchased and in short-term FHLB advances. Total borrowings decreased $596.9 million, or 29.6%. The cost of borrowings increased 108 basis points, or 47.8%, as a result of lower-cost, short-term borrowings comprising a smaller percentage of total borrowings in an effort to extend maturities and lock in longer term rates.

52

Provision for Credit Losses

The provision for credit losses was a negative $1.5 million for the first six months of 2015, a decrease of $7.5 million, or 125.0%, in comparison to the first six months of 2014, reflecting improvements in asset quality. In the first quarter of 2015, a negative provision of $3.7 million was recorded, primarily due to an improvement in net charge-off levels, particularly among pooled impaired loans. For details related to the Corporation's allowance and provision for credit losses, see the "Financial Condition" section of Management's Discussion under the heading "Provision for Credit Losses and Allowance for Credit Losses."

Non-Interest Income

The following table presents the components of non-interest income:

	Six months ended June 30				Increase (Decrease)
	2015		2014		$			%
	(dollars in thousands)
Service charges on deposit accounts:
Overdraft fees	$	10,154	$	10,839	$	(685	)	(6.3	)%
Cash management fees	6,586		6,398		188			2.9
Other	7,466		7,026		440			6.3
Total service charges on deposit accounts	24,206		24,263		(57		)	(0.2	)
Investment management and trust services	21,900		22,297		(397		)	(1.8	)
Other service charges and fees:
Merchant fees	7,265		6,566		699			10.6
Debit card income	5,015		4,645		370			8.0
Letter of credit fees	2,331		2,285		46			2.0
Commercial swap fees	1,837		2,007		(170		)	(8.5	)
Other	3,903		3,950		(47		)	(1.2	)
Total other service charges and fees	20,351		19,453		898			4.6
Mortgage banking income:
Gain on sales of mortgage loans	7,961		5,396		2,565			47.5
Mortgage servicing income	2,066		3,950		(1,884		)	(47.7	)
Total mortgage banking income	10,027		9,346		681			7.3
Credit card income	4,709		4,524		185			4.1
Other income	3,473		2,383		1,090			45.7
Total, excluding gains on sales of investment securities	84,666		82,266		2,400			2.9
Net gains on sales of investment securities	6,560		1,112		5,448			489.9
Total	$	91,226	$	83,378	$	7,848		9.4	%

The $685,000, or 6.3%, decrease in overdraft fee income consisted of a $356,000 decrease in fees assessed on commercial accounts and a $329,000 decrease in fees assessed on personal accounts. The overall decline in these fees resulted from a reduction in the number of overdrafts. Partially offsetting these decreases was a $440,000, or 6.3%, increase in other service charges on deposits.

The $699,000, or 10.6%, increase in merchant fee income and the $370,000, or 8.0%, increase in debit card income were due to an increase in the volumes of transactions in comparison to 2014.

Gains on sales of mortgage loans increased $2.6 million, or 47.5%, due to a $141.5 million, or 31.4%, increase in new loan commitments and a 12.3% increase in pricing spreads compared to the prior year. The increase in new loan commitments was largely in refinancing volumes, which were $318.8 million, or 53.7%, of new loan commitments in 2015 compared to $130.1 million, or 28.8%, during 2014. Mortgage servicing income decreased $1.9 million, or 47.7%, due to an increase in amortization of mortgage servicing rights (MSRs), as prepayments increased when compared to 2014.

The $1.1 million, or 45.7%, increase in other income was due to higher gains on sales of fixed assets in 2015.

53

Investment securities gains of $6.6 million for the first six months of 2015 were a result of $4.3 million of net realized gains on the sales of financial institution stocks and $2.3 million of net realized gains on the sales of debt securities. The $1.1 million of investment securities gains for first six months of 2014 included $1.1 million of net realized gains on debt securities.

Non-Interest Expense

The following table presents the components of non-interest expense:

	Six months ended June 30				Increase (Decrease)
	2015		2014		$			%
	(dollars in thousands)
Salaries and employee benefits	$	130,057	$	123,189	$	6,868		5.6	%
Net occupancy expense	25,501		25,067		434			1.7
Other outside services	13,875		11,052		2,823			25.5
Data processing	9,662		8,127		1,535			18.9
Equipment expense	7,293		6,962		331			4.8
Software	6,694		6,134		560			9.1
FDIC insurance expense	5,707		5,304		403			7.6
Professional fees	5,602		6,463		(861		)	(13.3	)
Supplies and postage	5,095		4,777		318			6.7
Marketing	3,468		3,921		(453		)	(11.6	)
Telecommunications	3,333		3,606		(273		)	(7.6	)
Other real estate owned and repossession expense	1,491		1,731		(240		)	(13.9	)
Operating risk loss	1,501		2,544		(1,043		)	(41.0	)
Intangible amortization	236		630		(394		)	(62.5	)
Other	17,317		16,221		1,096			6.8
Total	$	236,832	$	225,728	$	11,104		4.9	%

Salaries and employee benefits increased $6.9 million, or 5.6%, with salaries increasing $4.7 million, or 4.5%, and employee benefits increasing $2.2 million, or 11.4%. The increase in salaries was primarily due to higher average salaries per full-time equivalent employee and an increase in incentive compensation, partially offset by a decrease in the average number of full-time equivalent employees to 3,470 for the six months ended June 30, 2015, compared to 3,540 for the six months ended June 30, 2014. The increase in employee benefits was primarily due to an increase in defined benefit plan expense in 2015, while 2014 included a $1.5 million gain realized on the post-retirement plan amendment in 2014.

Other outside services increased $2.8 million, or 25.5%, due to an increase in consulting services related to the Corporation’s risk management and compliance efforts, including those in connection with the enhancement of the Corporation's program for compliance with the BSA/AML Requirements.

The $2.1 million, or 14.7%, combined increase in data processing and software resulted from increased expenses related to the core processing system and amortization of software.

The $1.0 million, or 41.0%, decrease in operating risk loss was due to a $1.4 million decrease in check card fraud losses, partially offset by a $607,000 increase in losses associated with previously sold residential mortgages. See Note 12 "Commitments and Contingencies," in the Notes to Consolidated Financial Statements for additional details related to repurchases of previously sold residential mortgages.

Income Taxes

Income tax expense for the first six months of 2015 was $25.7 million, a $2.1 million, or 7.4%, decrease from $27.7 million in 2014.

The Corporation’s effective tax rate was 25.1% in 2015, as compared to 25.4% in 2014. The effective tax rate is generally lower than the Federal statutory rate of 35% due to investments in tax-free municipal securities, tax credits earned from investments in partnerships that generate such credits under various federal programs and the effect of state income taxes.

54

FINANCIAL CONDITION

The table below presents condensed consolidated ending balance sheets for the Corporation.

					Increase (Decrease)
	June 30, 2015		December 31, 2014		$			%
	(dollars in thousands)
Assets
Cash and due from banks	$	100,455	$	105,702	$	(5,247	)	(5.0	)%
Other interest-earning assets	387,324		423,083		(35,759		)	(8.5	)
Loans held for sale	33,980		17,522		16,458			93.9
Investment securities	2,440,492		2,323,371		117,121			5.0
Loans, net of allowance	13,076,745		12,927,572		149,173			1.2
Premises and equipment	226,794		226,027		767			0.3
Goodwill and intangible assets	531,567		531,803		(236		)	—
Other assets	568,116		569,687		(1,571		)	(0.3	)
Total Assets	$	17,365,473	$	17,124,767	$	240,706		1.4	%
Liabilities and Shareholders’ Equity
Deposits	$	13,505,709	$	13,367,506	$	138,203		1.0	%
Short-term borrowings	409,035		329,719		79,316			24.1
Long-term debt	1,132,641		1,139,413		(6,772		)	(0.6	)
Other liabilities	293,271		291,464		1,807			0.6
Total Liabilities	15,340,656		15,128,102		212,554			1.4
Total Shareholders’ Equity	2,024,817		1,996,665		28,152			1.4
Total Liabilities and Shareholders’ Equity	$	17,365,473	$	17,124,767	$	240,706		1.4	%

Investment Securities

The following table presents the carrying amount of investment securities:

					Increase (Decrease)
	June 30, 2015		December 31, 2014		$			%
	(dollars in thousands)
U.S. Government securities	$	—	$	200	$	(200	)	(100.0	)%
U.S. Government sponsored agency securities	48,260		214		48,046			N/M
State and municipal securities	236,517		245,215		(8,698		)	(3.5	)
Corporate debt securities	97,172		98,034		(862		)	(0.9	)
Collateralized mortgage obligations	918,232		902,313		15,919			1.8
Mortgage-backed securities	1,008,664		928,831		79,833			8.6
Auction rate securities	98,606		100,941		(2,335		)	(2.3	)
Total debt securities	2,407,451		2,275,748		131,703			5.8
Equity securities	33,041		47,623		(14,582		)	(30.6	)
Total	$	2,440,492	$	2,323,371	$	117,121		5.0	%

N/M - Not meaningful

Total investment securities increased $117.1 million, or 5.0%, in comparison to December 31, 2014, as prior period portfolio cash flows were reinvested in mortgage-backed securities and U.S. Government sponsored agency securities. The$14.6 million, or30.6%, decrease in equity securities reflects the sales of certain financial institutions stocks during the first six months of 2015.

55

Loans, net of unearned income

The following table presents ending balances of loans outstanding, net of unearned income:

					Increase (Decrease)
	June 30, 2015		December 31, 2014		$			%
	(in thousands)
Real-estate – commercial mortgage	$	5,237,800	$	5,197,155	$	40,645		0.8	%
Commercial – industrial, financial and agricultural	3,806,699		3,725,567		81,132			2.2
Real-estate – home equity	1,689,688		1,736,688		(47,000		)	(2.7	)
Real-estate – residential mortgage	1,369,103		1,377,068		(7,965		)	(0.6	)
Real-estate – construction	731,925		690,601		41,324			6.0
Consumer	272,494		265,431		7,063			2.7
Leasing and other	136,521		119,206		17,315			14.5
Loans, net of unearned income	$	13,244,230	$	13,111,716	$	132,514		1.0	%

The Corporation does not have a significant concentration of credit risk with any single borrower, industry or geographical location. Approximately $6.0 billion, or 45.1%, of the loan portfolio was in commercial mortgage and construction loans as of June 30, 2015. The Corporation's maximum total lending commitment to an individual borrower was $50.0 million as of June 30, 2015. In addition to its policy of limiting the maximum total lending commitment to any individual borrower to $50.0 million, the Corporation has established lower total lending limits for certain types of lending commitments, and lower total lending limits based on the Corporation's internal risk rating of an individual borrower at the time the lending commitment is approved. As of June 30, 2015, the Corporation had 92 relationships with total borrowing commitments between $20.0 million and $50.0 million.

Construction loans include loans to commercial borrowers secured by commercial real estate, loans to commercial borrowers secured by residential real estate, and other construction loans, which represent loans to individuals secured by residential real estate. The following table presents outstanding construction loans and their delinquency rates by these class segments:

	June 30, 2015						December 31, 2014
	Balance		Delinquency Rate (1)		% of Total		Balance		Delinquency Rate (1)		% of Total
	(dollars in thousands)
Commercial	$	488,416	0.5	%	66.7	%	$	427,419	0.6	%	61.9	%
Commercial - residential	186,948		6.3		25.6		203,670		6.6		29.5
Other	56,561		1.2		7.7		59,512		0.6		8.6
Total Real estate - construction	$	731,925	2.1	%	100.0	%	$	690,601	2.4	%	100.0	%

(1) Represents all accruing loans 31 days or more past due and non-accrual loans as a percentage of total loans within each class segment.

Construction loans increased $41.3 million, or 6.0%, in comparison to December 31, 2014 and comprised 5.5% of the total loan portfolio at June 30, 2015 as compared to 5.3% at December 31, 2014.The increase in construction loans was primarily in loans secured by commercial real estate. Geographically, the increase in real estate construction loans was primarily in the Pennsylvania ($68.7 million, or 18.9%) market and New Jersey ($13.5 million, or 14.8%) market, partially offset by a decrease in the Maryland ($30.7 million, or 35.6%) market.

The $81.1 million, or 2.2%, increase in commercial loans was primarily in the Pennsylvania ($82.0 million, or 3.1%), New Jersey ($6.7 million, or 1.2%) and Maryland ($3.6 million, or 1.2%) markets offset by decreases in the Virginia ($7.1 million, or 4.8%) and Delaware ($3.8 million, or 4.0%) markets. Commercial mortgage loans increased $40.6 million, or 0.8%, in comparison to December 31, 2014. Geographically, the increase in was in all markets with the exception of the New Jersey market, which decreased $13.4 million, or 1.0%.

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The following table summarizes the percentage of commercial loans, by industry:

	June 30, 2015		December 31, 2014
Services	19.5	%	19.2	%
Manufacturing	13.2		13.1
Construction (1)	10.6		11.0
Health care	9.1		9.0
Retail	9.0		9.6
Wholesale	8.7		8.7
Real estate (2)	7.6		7.6
Agriculture	5.1		5.5
Arts and entertainment	3.0		3.4
Transportation	2.3		2.4
Financial services	2.1		1.9
Other	9.8		8.6
	100.0	%	100.0	%

(1) Includes commercial loans to borrowers engaged in the construction industry.

(2) Includes commercial loans to borrowers engaged in the business of: renting, leasing or managing real estate for others; selling and/or buying real estate for others; and appraising real estate.

Commercial loans and commercial mortgage loans also include shared national credits, which are participations in loans or loan commitments of at least $20 million that are shared by three or more banks. Below is a summary of the Corporation's outstanding purchased shared national credits:

	June 30, 2015		December 31, 2014
	(dollars in thousands)
Commercial - industrial, financial and agricultural	$	128,808	$	116,705
Real estate - commercial mortgage	137,709		137,952
	$	266,517	$	254,657

Total shared national credits increased $11.9 million, or 4.7%, in comparison to December 31, 2014. The Corporation's shared national credits are to borrowers located in its geographical markets, and the increase was due to normal lending activities consistent with the Corporation's underwriting policies. As of June 30, 2015, one of the shared national credits, or 1.2% of the total balance, was past due. There were no shared national credits past due at December 31, 2014.

Home equity loans decreased $47.0 million, or 2.7%, primarily as a result of customers rolling outstanding home equity loans into residential mortgages.

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Provision for Credit Losses and Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(dollars in thousands)
Average balance of loans, net of unearned income	$	13,192,600		$	12,795,747		$	13,144,332		$	12,779,145
Balance of allowance for credit losses at beginning of period	$	179,658		$	199,006		$	185,931		$	204,917
Loans charged off:
Commercial – industrial, financial and agricultural	11,166			5,512			13,029			10,637
Real estate – commercial mortgage	1,642			2,141			2,351			3,527
Real estate – home equity	870			1,234			1,639			2,885
Real estate – residential mortgage	783			1,089			2,064			1,935
Consumer	357			449			1,136			1,200
Real estate – construction	87			218			87			432
Leasing and other	467			833			830			1,128
Total loans charged off	15,372			11,476			21,136			21,744
Recoveries of loans previously charged off:
Commercial – industrial, financial and agricultural	1,471			775			2,257			1,519
Real estate – commercial mortgage	451			430			887			474
Real estate – home equity	189			177			440			533
Real estate – residential mortgage	187			108			346			224
Consumer	368			402			609			611
Real estate – construction	231			158			1,378			382
Leasing and other	70			362			241			526
Total recoveries	2,967			2,412			6,158			4,269
Net loans charged off	12,405			9,064			14,978			17,475
Provision for credit losses	2,200			3,500			(1,500		)	6,000
Balance of allowance for credit losses at end of period	$	169,453		$	193,442		$	169,453		$	193,442
Net charge-offs to average loans (annualized)	0.38		%	0.28		%	0.23		%	0.27		%

The following table presents the components of the allowance for credit losses:

	June 30, 2015			December 31, 2014
	(dollars in thousands)
Allowance for loan losses	$	167,485		$	184,144
Reserve for unfunded lending commitments	1,968			1,787
Allowance for credit losses	$	169,453		$	185,931
Allowance for credit losses to loans outstanding	1.28		%	1.42		%

The provision for credit losses for the three months endedJune 30, 2015 was $2.2 million, a decrease of $1.3 million in comparison to the same period in 2014.For the six months ended June 30, 2015, the provision for credit losses was a negative $1.5 million, a decrease of $7.5 million compared to the same period in 2014. The decrease in the provision for credit losses was based on the evaluation of all relevant credit quality factors. The $7.5 million year to date 2015 decrease compared to the same period in 2014 was driven by improvement in net charge-off levels and improvements in credit quality.

Net charge-offs increased $3.3 million, or 36.9%, to $12.4 million for the second quarter of 2015, compared to $9.1 million for the second quarter of 2014. The increase in net charge-offs was primarily due to a $5.0 million increase in commercial loan net charge-offs attributable to two impaired loans which had migrated to non-accrual status during the first quarter of 2015. Of the

58

$12.4 million of net charge-offs recorded in the second quarter of 2015, the majority were for loans originated in Pennsylvania and New Jersey.

During the first half of 2015, net charge-offs decreased $2.5 million, or 14.3%, to $15.0 million compared to $17.5 million for the first half of 2014. The decrease in net charge-offs was primarily due to a $1.6 million, or 52.0%, decrease in commercial mortgage net charge-offs, a $1.3 million decrease in real estate construction net charge-offs largely due to recoveries and a $1.2 million, or 49.0%, decrease in home equity net charges-offs, partially offset by a $1.7 million, or 18.1%, increase in commercial loan net charge-offs. Of the $15.0 million of net charge-offs recorded in the first half of 2015, the majority were for loans originated in Pennsylvania and New Jersey.

The following table summarizes non-performing assets as of the indicated dates:

	June 30, 2015			June 30, 2014			December 31, 2014
	(dollars in thousands)
Non-accrual loans	$	129,152		$	129,934		$	121,080
Loans 90 days or more past due and accruing	20,353			19,378			17,402
Total non-performing loans	149,505			149,312			138,482
Other real estate owned (OREO)	12,763			13,482			12,022
Total non-performing assets	$	162,268		$	162,794		$	150,504
Non-accrual loans to total loans	0.98		%	1.01		%	0.92		%
Non-performing assets to total assets	0.93		%	0.96		%	0.88		%
Allowance for credit losses to non-performing loans	113.34		%	129.56		%	134.26		%

The following table presents accruing loans whose terms have been modified under troubled debt restructurings ("TDRs"), by type, as of the indicated dates:

	June 30, 2015		June 30, 2014		December 31, 2014
	(in thousands)
Real estate – residential mortgage	$	31,584	$	31,184	$	31,308
Real estate – commercial mortgage	17,482		19,398		18,822
Real estate – construction	4,482		8,561		9,241
Commercial – industrial, financial and agricultural	6,591		6,953		5,237
Real estate – home equity	3,299		2,815		2,975
Consumer	31		23		38
Total accruing TDRs	63,469		68,934		67,621
Non-accrual TDRs (1)	27,230		25,526		24,616
Total TDRs	$	90,699	$	94,460	$	92,237

(1) Included with non-accrual loans in the preceding table.

TDRs modified during the first six months of 2015 and still outstanding as of June 30, 2015 totaled $13.7 million. During the first six months of 2015, $6.2 million of TDRs that were modified within the previous 12 months had a payment default, which the Corporation defines as a single missed scheduled payment, subsequent to modification.

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The following table presents the changes in non-accrual loans for the three and six months ended June 30, 2015:

	Commercial - Industrial, Financial and Agricultural			Real Estate - Commercial Mortgage			Real Estate - Construction			Real Estate - Residential Mortgage			Real Estate - Home Equity			Consumer			Leasing			Total
	(in thousands)
Three months ended June 30, 2015
Balance of non-accrual loans at March 31, 2015	$	39,619		$	46,291		$	13,994		$	20,353		$	9,670		$	2		$	—		$	129,929
Additions	11,115			11,004			1,780			3,360			2,062			357			225			29,903
Payments	(4,459		)	(7,176		)	(1,219		)	(502		)	(278		)	(2		)	—			(13,636		)
Charge-offs	(11,166		)	(1,642		)	(87		)	(783		)	(870		)	(357		)	(225		)	(15,130		)
Transfers to accrual status	—			—			—			—			(251		)	—			—			(251		)
Transfers to OREO status	—			(492		)	—			(817		)	(354		)	—			—			(1,663		)
Balance of non-accrual loans at June 30, 2015	$	35,109		$	47,985		$	14,468		$	21,611		$	9,979		$	—		$	—		$	129,152
Six months ended June 30, 2015
Balance of non-accrual loans as of December 31, 2014	$	29,769		$	44,437		$	16,348		$	20,043		$	10,483		$	—		$	—		$	121,080
Additions	27,701			17,938			2,478			6,969			3,594			1,139			357			60,176
Payments	(8,640		)	(11,299		)	(4,271		)	(1,435		)	(698		)	(2		)	—			(26,345		)
Charge-offs	(13,029		)	(2,351		)	(87		)	(2,064		)	(1,638		)	(1,137		)	(357		)	(20,663		)
Transfers to accrual status	—			(44		)	—			(304		)	(464		)	—			—			(812		)
Transfers to OREO status	(692		)	(696		)	—			(1,598		)	(1,298		)	—			—			(4,284		)
Balance of non-accrual loans at June 30, 2015	$	35,109		$	47,985		$	14,468		$	21,611		$	9,979		$	—		$	—		$	129,152

Non-accrual loans decreased $782,000, or 0.6%, in comparison to June 30, 2014 and increased $8.1 million, or 6.7%, in comparison to December 31, 2014.

The following table summarizes non-performing loans, by type, as of the indicated dates:

	June 30, 2015		June 30, 2014		December 31, 2014
	(in thousands)
Real estate – commercial mortgage	$	49,932	$	44,015	$	45,237
Commercial – industrial, financial and agricultural	35,839		38,163		30,388
Real estate – residential mortgage	31,562		27,887		28,995
Real estate – construction	14,884		20,268		16,399
Real estate – home equity	14,632		16,094		14,740
Consumer	2,583		2,825		2,590
Leasing	73		60		133
Total non-performing loans	$	149,505	$	149,312	$	138,482

Non-performing loans were largely unchanged, in total, in comparison to June 30, 2014, the net effect of increases in some types being offset by decreases in others. Non-performing commercial mortgages increased $5.9 million, or 13.4%, and non-performing residential mortgages increased $3.7 million, or 13.2%, while non-performing construction loans decreased $5.4 million, or 26.6%, non-performing commercial loans decreased $2.3 million, or 6.1%, and non-performing home equity loans decreased $1.5 million, or 9.1%, in comparison to June 30, 2014.

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The following table summarizes the Corporation’s OREO, by property type, as of the indicated dates:

	June 30, 2015		June 30, 2014		December 31, 2014
	(in thousands)
Residential properties	$	7,992	$	8,279	$	6,656
Commercial properties	2,123		3,262		3,453
Undeveloped land	2,648		1,941		1,913
Total OREO	$	12,763	$	13,482	$	12,022

The Corporation's ability to identify potential problem loans in a timely manner is important to maintaining an adequate allowance for credit losses. For commercial loans, commercial mortgages and construction loans to commercial borrowers, an internal risk rating process is used to monitor credit quality. The evaluation of credit risk for residential mortgages, home equity loans, construction loans to individuals, consumer loans and lease receivables is based on payment history, through the monitoring of delinquency levels and trends. For a description of the Corporation's risk ratings, see Note 5, "Loans and Allowance for Credit Losses," in the Notes to Consolidated Financial Statements.

Total internally risk rated loans were $9.7 billion as of June 30, 2015 and $9.6 billion as of December 31, 2014. The following table presents internal risk ratings for commercial loans, commercial mortgages and construction loans to commercial borrowers with internal risk ratings of Special Mention (considered criticized loans) or Substandard or lower (considered classified loans), by class segment:

	Special Mention						Increase (decrease)					Substandard or lower						Increase (decrease)					Total Criticized and Classified Loans
	June 30, 2015			December 31, 2014			$			%		June 30, 2015			December 31, 2014			$			%		June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - commercial mortgage	$	114,385		$	127,302		$	(12,917	)	(10.1	)%	$	179,642		$	170,837		$	8,805		5.2	%	$	294,027		$	298,139
Commercial - secured	123,663			120,584			3,079			2.6		110,666			110,544			122			0.1		234,329			231,128
Commercial -unsecured	3,667			7,463			(3,796		)	(50.9	)	7,941			6,810			1,131			16.6		11,608			14,273
Total Commercial - industrial, financial and agricultural	127,330			128,047			(717		)	(0.6	)	118,607			117,354			1,253			1.1		245,937			245,401
Construction - commercial residential	17,526			27,495			(9,969		)	(36.3	)	30,588			40,066			(9,478		)	(23.7	)	48,114			67,561
Construction - commercial	13,314			12,202			1,112			9.1		5,587			5,586			1			—		18,901			17,788
Total real estate - construction (excluding construction - other)	30,840			39,697			(8,857		)	(22.3	)	36,175			45,652			(9,477		)	(20.8	)	67,015			85,349
Total	$	272,555		$	295,046		$	(22,491	)	(7.6	)%	$	334,424		$	333,843		$	581		0.2	%	$	606,979		$	628,889
% of total risk rated loans	2.8		%	3.1		%						3.4		%	3.5		%						6.2		%	6.6		%

As of June 30, 2015, total loans with risk ratings of Substandard or lower increased $581,000, or 0.2%, in comparison to December 31, 2014, primarily due to increases in commercial mortgages and commercial loans, partially offset by a decrease in real estate construction loans. Special Mention loans decreased $22.5 million, or 7.6%, in comparison to December 31, 2014 primarily due to decreases in commercial mortgages and commercial residential construction loans.

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The following table summarizes loan delinquency rates, by type, as of the dates indicated:

	June 30, 2015									June 30, 2014									December 31, 2014
	31-89 Days			≥ 90 Days (1)			Total			31-89 Days			≥ 90 Days (1)			Total			31-89 Days			≥ 90 Days (1)			Total
Real estate – commercial mortgage	0.34		%	0.96		%	1.30		%	0.30		%	0.86		%	1.16		%	0.35		%	0.87		%	1.22		%
Commercial – industrial, financial and agricultural	0.22		%	0.93		%	1.15		%	0.47		%	1.05		%	1.52		%	0.17		%	0.81		%	0.98		%
Real estate – construction	0.02		%	2.04		%	2.06		%	0.10		%	3.20		%	3.30		%	0.02		%	2.38		%	2.40		%
Real estate – residential mortgage	1.53		%	2.30		%	3.83		%	1.78		%	2.05		%	3.83		%	1.96		%	2.10		%	4.06		%
Real estate – home equity	0.55		%	0.87		%	1.42		%	0.68		%	0.93		%	1.61		%	0.63		%	0.85		%	1.48		%
Consumer, leasing and other	1.29		%	0.65		%	1.94		%	1.55		%	0.76		%	2.31		%	1.56		%	0.70		%	2.26		%
Total	0.47		%	1.13		%	1.60		%	0.58		%	1.17		%	1.75		%	0.52		%	1.06		%	1.58		%
Total dollars (in thousands)	$	61,931		$	149,505		$	211,436		$	74,955		$	149,312		$	224,267		$	68,346		$	138,482		$	206,828

(1) Includes non-accrual loans.

Management believes that the allowance for credit losses of $169.5 million as of June 30, 2015 is sufficient to cover incurred losses in both the loan portfolio and the unfunded lending commitments as of that date and is appropriate based on applicable accounting standards.

Deposits and Borrowings

The following table presents ending deposits, by type:

					Increase (Decrease)
	June 30, 2015		December 31, 2014		$			%
	(dollars in thousands)
Noninterest-bearing demand	$	3,805,165	$	3,640,623	$	164,542		4.5	%
Interest-bearing demand	3,129,903		3,150,612		(20,709		)	(0.7	)
Savings	3,566,888		3,504,820		62,068			1.8
Total demand and savings	10,501,956		10,296,055		205,901			2.0
Time deposits	3,003,753		3,071,451		(67,698		)	(2.2	)
Total deposits	$	13,505,709	$	13,367,506	$	138,203		1.0	%

Non-interest bearing demand deposits increased $164.5 million, or 4.5%, primarily as a result of increases in business account balances of $149.4 million, or 5.4%, and personal account balances of $16.8 million, or 2.3%.

Interest-bearing demand accounts decreased $20.7 million, or 0.7%, due to a $91.6 million, or 7.6%, seasonal decrease in municipal account balances, partially offset by a $71.9 million, or 56.2%, increase in business account balances. The $62.1 million, or 1.8%, increase in savings account balances was primarily due to a $154.7 million, or 7.1%, increase in personal account balances, partially offset by a seasonal decrease of $72.6 million, or 12.6%, in municipal account balances and a $20.0 million, or 2.7%, decrease in business account balances. The $67.7 million, or 2.2%, decrease in time deposits was primarily due to a decrease in time deposits with original maturities of less than two years.

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The following table summarizes the changes in ending borrowings, by type:

					Increase (Decrease)
	June 30, 2015		December 31, 2014		$			%
	(dollars in thousands)
Short-term borrowings:
Customer repurchase agreements	$	169,918	$	158,394	$	11,524		7.3	%
Customer short-term promissory notes	74,059		95,106		(21,047		)	(22.1	)
Total short-term customer funding	243,977		253,500		(9,523		)	(3.8	)
Federal funds purchased	5,058		6,219		(1,161		)	(18.7	)
Short-term FHLB advances (1)	160,000		70,000		90,000			128.6
Total short-term borrowings	409,035		329,719		79,316			24.1
Long-term debt:
FHLB advances	618,033		673,107		(55,074		)	(8.2	)
Other long-term debt	514,608		466,306		48,302			10.4
Total long-term debt	1,132,641		1,139,413		(6,772		)	(0.6	)
Total borrowings	$	1,541,676	$	1,469,132	$	72,544		4.9	%

(1) Represents FHLB advances with an original maturity term of less than one year.

The $79.3 million increase in total short-term borrowings was largely due to a $90.0 million, or 128.6%, increase in short-term FHLB advances. The $55.1 million decrease in long-term FHLB advances resulted from maturities that were replaced with short-term advances. Other long-term debt increased by $48.3 million, or 10.4%, the net effect of the issuance of $150 million of ten-year subordinated debt in June 2015, and the maturity of $100 million of subordinated debt in April 2015.

Shareholders' Equity

Total shareholders’ equity increased $28.2 million, or 1.4%, during the first six months of 2015. The increase was due primarily to $76.7 million of net income partially offset by $31.9 million of common stock dividends and $19.0 million in treasury stock purchases.

The Corporation and its subsidiary banks are subject to regulatory capital requirements administered by various banking regulators. Failure to meet minimum capital requirements could result in certain actions by regulators that could have a material effect on the Corporation’s financial statements. In July 2013, the Federal Reserve Board approved final rules (the "U.S. Basel III Capital Rules") establishing a new comprehensive capital framework for U.S. banking organizations and implementing the Basel Committee on Banking Supervision's December 2010 framework for strengthening international capital standards. The U.S. Basel III Capital Rules substantially revise the risk-based capital requirements applicable to bank holding companies and depository institutions.

The new minimum regulatory capital requirements established by the U.S. Basel III Capital Rules became effective for the Corporation on January 1, 2015, and will be fully phased in on January 1, 2019.

The U.S. Basel III Capital Rules require the Corporation and its bank subsidiaries to:

• Meet a new minimum Common Equity Tier 1 capital ratio of 4.50% of risk-weighted assets and a Tier 1 capital ratio of 6.00% of risk-weighted assets;

• Continue to require the current minimum Total capital ratio of 8.00% of risk-weighted assets and the minimum Tier 1 leverage capital ratio of 4.00% of average assets; and

• Comply with a revised definition of capital to improve the ability of regulatory capital instruments to absorb losses. Certain non-qualifying capital instruments, including cumulative preferred stock and trust preferred securities, are being phased out as a component of Tier 1 capital for institutions of the Corporation's size.

When fully phased in on January 1, 2019, the Corporation and its bank subsidiaries will also be required to maintain a "capital conservation buffer" of 2.50% above the minimum risk-based capital requirements, which must be maintained to avoid restrictions on capital distributions and certain discretionary bonus payments.

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The U.S. Basel III Capital Rules use a standardized approach for risk weightings that expands the risk-weightings for assets and off-balance sheet exposures from the previous 0%, 20%, 50% and 100% categories to a much larger and more risk-sensitive number of categories, depending on the nature of the assets and off-balance sheet exposures and resulting in higher risk weights for a variety of asset categories.

As of June 30, 2015, the Corporation and each of its bank subsidiaries met the minimum requirements of the U.S. Basel III Capital Rules, and each of the Corporation’s bank subsidiaries’ capital ratios exceeded the amounts required to be considered "well capitalized" as defined in the regulations. As of June 30, 2015, the Corporation's capital levels also met the fully-phased in minimum capitalrequirements, including the capital conservation buffers, as prescribed in the U.S. Basel III Capital Rules.

The following table summarizes the Corporation’s capital ratios in comparison to regulatory requirements:

	June 30, 2015		December 31, 2014		Regulatory Minimum for Capital Adequacy
Common Equity Tier I (to Risk-Weighted Assets)	10.7	%	N/A		4.5	%
Total Capital (to Risk-Weighted Assets)	14.8	%	14.7	%	8.0	%
Tier I Capital (to Risk-Weighted Assets)	10.9	%	12.3	%	6.0	%
Tier I Capital (to Average Assets)	9.4	%	10.0	%	4.0	%

The June 30, 2015 capital ratios presented above were determined in accordance with the Basel III Capital Rules while the December 31, 2014 capital ratios were calculated under the prior capital standards. The impact of transitioning to the Basel III Capital Rules was a decrease of approximately 15 basis points in the risk-based capital ratios, primarily as a result of the changes in risk-weightings. In addition, $124.5 million of capital instruments that were previously included in Tier I capital are now only included in Total capital under the Basel III Capital Rules. This transition resulted in an additional 90 basis point decrease in the Tier I capital ratio.

The $150 million of subordinated debt issued in June 2015 is a component of Total capital, which increased this capital ratio by 110 basis points. The proceeds from this issuance were used to redeem $150 million of trust preferred securities, which are also a component of Total capital, in July 2015. Accordingly, because of the timing difference between the subordinated debt issuance in the second quarter and the redemption of the trust preferred securities in the third quarter, this ratio will decrease as of September 30, 2015.

Liquidity

The Corporation must maintain a sufficient level of liquid assets to meet the cash needs of its customers who, as depositors, may want to withdraw funds or who, as borrowers, may need credit availability. Liquidity is provided on a continuous basis through scheduled and unscheduled principal and interest payments on outstanding loans and investments and through the availability of deposits and borrowings. The Corporation also maintains secondary sources that provide liquidity on a secured and unsecured basis to meet short-term and long-term needs.

The Corporation maintains liquidity sources in the form of demand and savings deposits, time deposits, repurchase agreements and short-term promissory notes. The Corporation can access additional liquidity from these sources, if necessary, by increasing the rates of interest paid on those accounts and borrowings. The positive impact to liquidity resulting from paying higher interest rates could have a detrimental impact on the net interest margin and net income if rates on interest-earning assets do not experience a proportionate increase. Borrowing availability with the FHLB and the Federal Reserve Bank, along with Federal funds lines at various correspondent banks, provides the Corporation with additional liquidity.

Each of the Corporation’s subsidiary banks is a member of the FHLB and has access to FHLB overnight and term credit facilities. As of June 30, 2015, the Corporation had $778.0 million of short and long-term advances outstanding from the FHLB with an additional borrowing capacity of approximately $2.7 billion under these facilities. Advances from the FHLB are secured by qualifying commercial real estate and residential mortgage loans, investments and other assets.

As of June 30, 2015, the Corporation had aggregate availability under Federal funds lines of $1.2 billion with no borrowings outstanding on those lines. As of June 30, 2015, the Corporation had a repurchase agreement relationship with a community bank, with a balance of $5.1 million, classified as Federal funds purchased. A combination of commercial real estate loans, commercial loans and securities are pledged to the Federal Reserve Bank of Philadelphia to provide access to Federal Reserve Bank Discount

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Window borrowings. As of June 30, 2015, the Corporation had $1.2 billion of collateralized borrowing availability at the Discount Window, and no outstanding borrowings.

Liquidity must also be managed at the Fulton Financial Corporation parent company level. For safety and soundness reasons, banking regulations limit the amount of cash that can be transferred from subsidiary banks to the parent company in the form of loans and dividends. Generally, these limitations are based on the subsidiary banks’ regulatory capital levels and their net income. Management continues to monitor the liquidity and capital needs of the parent company and will implement appropriate strategies, as necessary, to remain adequately capitalized and to meet its cash needs.

The Corporation’s sources and uses of funds were discussed in general terms in the net interest income section of Management’s Discussion and Analysis. The consolidated statements of cash flows provide additional information. The Corporation’s operating activities during the first six months of 2015 generated $77.0 million of cash, mainly due to net income, partially offset by the impact of non-cash expenses, most notably a net increase in loans held for sale. Cash used in investing activities was $248.3 million, due mainly to a net increase in investment securities and an increase in loans, partially offset by a decrease in short-term investments. Net cash provided by financing activities was $166.0 million due to increases in deposits, short-term borrowings and additions to long-term debt, partially offset by repayments of long-term debt, common stock cash dividends and purchases of treasury stock.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk

Market risk is the exposure to economic loss that arises from changes in the values of certain financial instruments. The types of market risk exposures generally faced by financial institutions include interest rate risk, equity market price risk, debt security market price risk, foreign currency price risk and commodity price risk. Due to the nature of its operations, only equity market price risk, debt security market price risk and interest rate risk are significant to the Corporation.

Equity Market Price Risk

Equity market price risk is the risk that changes in the values of equity investments could have a material impact on the financial position or results of operations of the Corporation. As of June 30, 2015, equity investments consisted of $27.2 million of common stocks of publicly traded financial institutions, and $5.8 million of other equity investments.

The equity investments most susceptible to equity market price risk are the financial institutions stocks, which had a cost basis of approximately $18.2 million and a fair value of $27.2 million at June 30, 2015, including an investment in a single financial institution with a cost basis of $10.7 million and a fair value of $15.7 million. The fair value of this investment accounted for 57.7% of the fair value of the common stocks of publicly traded financial institutions. No other investment in a single financial institution within the financial institutions stock portfolio exceeded 5% of the portfolio's fair value. As of June 30, 2015, the financial institutions stock portfolio had $9.0 million of net unrealized gains, comprised mostly of unrealized gains.

Management continuously monitors the fair value of its equity investments and evaluates current market conditions and operating results of the issuers. Periodic sale and purchase decisions are made based on this monitoring process. None of the Corporation’s equity securities are classified as trading.

In addition to its equity portfolio, investment management and trust services income may be impacted by fluctuations in the equity markets. A portion of this revenue is based on the value of the underlying investment portfolios, many of which include equity investments. If the values of those investment portfolios decrease, whether due to factors influencing U.S. securities markets in general or otherwise, the Corporation’s revenue would be negatively impacted. In addition, the Corporation’s ability to sell its brokerage services in the future will be dependent, in part, upon consumers’ level of confidence in financial markets.

Debt Security Market Price Risk

Debt security market price risk is the risk that changes in the values of debt securities, unrelated to interest rate changes, could have a material impact on the financial position or results of operations of the Corporation. The Corporation’s debt security investments consist primarily of U.S. government sponsored agency issued mortgage-backed securities and collateralized mortgage obligations, state and municipal securities, U.S. government debt securities, auction rate securities and corporate debt securities. All of the Corporation's investments in mortgage-backed securities and collateralized mortgage obligations have principal payments that are guaranteed by U.S. government sponsored agencies.

Municipal Securities

As of June 30, 2015, the Corporation owned municipal securities issued by various municipalities with a total fair value of $236.5 million. The Corporation evaluates existing and potential holdings primarily based on the creditworthiness of the issuing municipality and then, to a lesser extent, on any underlying credit enhancement. Municipal securities can be supported by the general obligation of the issuing municipality, allowing the securities to be repaid by any means available to the issuing municipality. As of June 30, 2015, approximately 95% of municipal securities were supported by the general obligation of corresponding municipalities. Approximately 82% of these securities were school district issuances, which are also supported by the states of the issuing municipalities.

Auction Rate Certificates

As of June 30, 2015, the Corporation’s investments in student loan auction rate certificates (ARCs), had a cost basis of $106.5 million and a fair value of $98.6 million.

ARCs are long-term securities that were structured to allow their sale in periodic auctions, resulting in both the treatment of ARCs as short-term instruments in normal market conditions and fair values that could be derived based on periodic auction prices. However, since early 2008, market auctions for these securities failed due to an insufficient number of buyers, resulting in an illiquid market. Therefore, as of June 30, 2015, the fair values of the ARCs currently in the portfolio were derived using significant unobservable inputs based on an expected cash flows model which produced fair values that were materially different from those that would be expected from settlement of these investments in the current market. The expected cash flows model, prepared by

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a third-party valuation expert, produced fair values that assumed a return to market liquidity sometime within the next five years. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid.

The credit quality of the underlying debt associated with ARCs is also a factor in the determination of their estimated fair value. As of June 30, 2015, all of the ARCs were rated above investment grade, with approximately $6 million, or 6%, "AAA" rated and $93 million, or 94%, "AA" rated. All of the loans underlying the ARCs have principal payments that are guaranteed by the federal government. As of June 30, 2015, all ARCs were current and making scheduled interest payments.

Corporate Debt Securities

The Corporation holds corporate debt securities in the form of pooled trust preferred securities, single-issuer trust preferred securities and subordinated debt issued by financial institutions, as presented in the following table as of June 30, 2015:

	Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,613	$	43,378
Subordinated debt	47,595		49,716
Pooled trust preferred securities	—		530
Corporate debt securities issued by financial institutions	$	95,208	$	93,624

The fair values for pooled trust preferred securities and certain single-issuer trust preferred securities were based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers.

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $4.2 million at June 30, 2015. The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the three and six months ended June 30, 2015 or 2014. Seven of the Corporation's 19 single-issuer trust preferred securities were rated below investment grade by at least one ratings agency, with an amortized cost of $14.5 million and an estimated fair value of $13.1 million as of June 30, 2015. All of the single-issuer trust preferred securities rated below investment grade were rated "BB" or "Ba". Single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.8 million at June 30, 2015 were not rated by any ratings agency.

As of June 30, 2015, the Corporation held two pooled trust preferred securities with an amortized cost of $0 and an estimated fair value of $530,000, that were rated below investment grade by at least one ratings agency, and with ratings ranging from "C" to "Ca". The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pool.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model was the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing asset ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

See Note 13, "Fair Value Measurements," in the Notes to Consolidated Financial Statements for further discussion related to the fair values of debt securities.

Interest Rate Risk, Asset/Liability Management and Liquidity

Interest rate risk creates exposure in two primary areas. First, changes in rates have an impact on the Corporation’s liquidity position and could affect its ability to meet obligations and continue to grow. Second, movements in interest rates can create fluctuations in the Corporation’s net interest income and changes in the economic value of its equity.

The Corporation employs various management techniques to minimize its exposure to interest rate risk. An Asset/Liability Management Committee ("ALCO"), consisting of key financial and senior management personnel, meets on a regular basis. The ALCO is responsible for reviewing the interest rate sensitivity and liquidity positions of the Corporation, approving asset and liability management policies, and overseeing the formulation and implementation of strategies regarding balance sheet positions.

From a liquidity standpoint, the Corporation must maintain a sufficient level of liquid assets to meet the cash needs of its customers, who, as depositors, may want to withdraw funds or who, as borrowers, may need credit availability. Liquidity is provided on a continuous basis through scheduled and unscheduled principal and interest payments on outstanding loans and investments and

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through the availability of deposits and borrowings. The Corporation also maintains secondary sources that provide liquidity on a secured and unsecured basis to meet short-term and long-term needs.

The following table provides information about the Corporation’s interest rate sensitive financial instruments as of June 30, 2015. The table presents expected cash flows and weighted average rates for each of the Corporation's significant interest rate sensitive financial instruments, by expected maturity period. None of the Corporation’s financial instruments are classified as trading. All dollar amounts are in thousands.

	Expected Maturity Period																					Estimated
	Year 1			Year 2			Year 3			Year 4			Year 5			Beyond			Total			Fair Value
Fixed rate loans (1)	$	946,054		$	481,703		$	353,811		$	383,730		$	211,854		$	645,324		$	3,022,476		$	3,009,913
Average rate	3.70		%	4.32		%	4.16		%	4.54		%	4.47		%	3.76		%	4.03		%
Floating rate loans (1) (2)	2,334,773			1,564,927			1,269,282			1,078,292			1,320,279			2,651,559			10,219,112			10,116,966
Average rate	3.66		%	3.80		%	3.82		%	3.84		%	3.78		%	3.79		%	3.77		%
Fixed rate investments (3)	422,647			326,186			253,320			222,175			205,633			828,371			2,258,332			2,263,077
Average rate	2.80		%	2.88		%	2.73		%	2.57		%	2.51		%	2.57		%	2.67		%
Floating rate investments (3)	4,979			4,964			106,538			24			—			40,185			156,690			144,699
Average rate	0.98		%	0.96		%	0.87		%	2.01		%	—		%	1.47		%	1.03		%
Other interest-earning assets	356,198			—			—			—			—			65,106			421,304			421,304
Average rate	0.52		%	—		%	—		%	—		%	—		%	5.07		%	1.22		%
Total	$	4,064,651		$	2,377,780		$	1,982,951		$	1,684,221		$	1,737,766		$	4,230,545		$	16,077,914		$	15,955,959
Average rate	3.30		%	3.78		%	3.58		%	3.83		%	3.71		%	3.54		%	3.57		%
Fixed rate deposits (4)	$	1,306,608		$	475,613		$	284,195		$	335,383		$	252,582		$	22,974		$	2,677,355		$	2,697,218
Average rate	0.70		%	1.08		%	1.37		%	2.04		%	2.06		%	1.93		%	1.14		%
Floating rate deposits (5)	4,794,360			844,410			550,886			302,838			278,652			252,043			7,023,189			6,998,925
Average rate	0.16		%	0.11		%	0.10		%	0.08		%	0.08		%	0.11		%	0.15		%
Fixed rate borrowings (6)	181,399			551,684			630			50,660			75,047			256,725			1,116,145			1,146,794
Average rate	5.44		%	4.49		%	4.66		%	1.88		%	1.84		%	4.58		%	4.37		%
Floating rate borrowings (7)	409,035			—			—			—			—			16,496			425,531			415,051
Average rate	0.20		%	—		%	—		%	—		%	—		%	2.41		%	0.28		%
Total	$	6,691,402		$	1,871,707		$	835,711		$	688,881		$	606,281		$	548,238		$	11,242,220		$	11,257,988
Average rate	0.41		%	1.64		%	0.53		%	1.17		%	1.12		%	2.35		%	0.81		%

(1) Amounts are based on contractual payments and maturities, adjusted for expected prepayments. Excludes $2.6 million of overdraft deposit balances.

(2) Line of credit amounts are based on historical cash flows, with an average life of approximately 5 years.

(3) Amounts are based on contractual maturities; adjusted for expected prepayments on mortgage-backed securities and collateralized mortgage obligations and expected calls on agency and municipal securities. Excludes equity securities as such investments do not have maturity dates.

(4) Amounts are based on contractual maturities of time deposits.

(5) Estimated based on history of deposit flows.

(6) Amounts are based on contractual maturities of debt instruments, adjusted for possible calls. Amounts also include junior subordinated deferrable interest debentures.

(7) Amounts include Federal Funds purchased, short-term promissory notes and securities sold under agreements to repurchase, which mature in less than 90 days, in addition to junior subordinated deferrable interest debentures.

The preceding table and discussion addressed the liquidity implications of interest rate risk and focused on expected cash flows from financial instruments. Expected maturities, however, do not necessarily reflect the net interest income impact of interest rate changes. Certain financial instruments, such as adjustable rate loans, have repricing periods that differ from expected cash flows periods.

Included within the $10.2 billion of floating rate loans above are $3.4 billion of loans, or 33.3% of the total, that float with the prime interest rate, $2.2 billion, or 21.6%, of loans that float with other interest rates, primarily the London Interbank Offered Rate ("LIBOR"), and $4.6 billion, or 45.1%, of adjustable rate loans. The $4.6 billion of adjustable rate loans include loans that are fixed rate instruments for a certain period of time, and then convert to floating rates.

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The following table presents the percentage of adjustable rate loans, at June 30, 2015, stratified by the period until their next repricing:

	Percent of Total Adjustable Rate Loans
One year	32.4%
Two years	17.9
Three years	17.9
Four years	13.0
Five years	11.2
Greater than five years	7.6

The Corporation uses two complementary methods to measure and manage interest rate risk. They are simulation of net interest income and estimates of economic value of equity. Using these measurements in tandem provides a reasonably comprehensive summary of the magnitude of the Corporation's interest rate risk, level of risk as time evolves, and exposure to changes in interest rates.

Simulation of net interest income is performed for the next twelve-month period. A variety of interest rate scenarios are used to measure the effects of sudden and gradual movements upward and downward in the yield curve. These results are compared to the results obtained in a flat or unchanged interest rate scenario. Simulation of net interest income is used primarily to measure the Corporation’s short-term earnings exposure to rate movements. The Corporation’s policy limits the potential exposure of net interest income, in a non-parallel instantaneous shock, to 10% of the base case net interest income for a 100 basis point shock in interest rates, 15% for a 200 basis point shock and 20% for a 300 basis point shock. A "shock" is an immediate upward or downward movement of interest rates. The shocks do not take into account changes in customer behavior that could result in changes to mix and/or volumes in the balance sheet, nor do they account for competitive pricing over the forward 12-month period.

The following table summarizes the expected impact of abrupt interest rate changes on net interest income (due to the current level of interest rates, the 200 and 300 basis point downward shock scenarios are not shown):

Rate Shock (1)	Annual change in net interest income	% Change
+300 bp	+ $ 75.7 million	+15.6%
+200 bp	+ $ 48.6 million	+10.0
+100 bp	+ $ 21.2 million	+4.4
–100 bp	– $ 19.2 million	–4.0

(1) These results include the effect of implicit and explicit floors that limit further reduction in interest rates.

Economic value of equity estimates the discounted present value of asset cash flows and liability cash flows. Discount rates are based upon market prices for like assets and liabilities. Abrupt changes or "shocks" in interest rates, both upward and downward, are used to determine the comparative effect of such interest rate movements relative to the unchanged environment. This measurement tool is used primarily to evaluate the longer-term repricing risks and options in the Corporation’s balance sheet. The Corporation's policy limits the economic value of equity that may be at risk, in a non-parallel instantaneous shock, to 10% of the base case economic value of equity for a 100 basis point shock in interest rates, 20% for a 200 basis point shock and 30% for a 300 basis point shock. As of June 30, 2015, the Corporation was within policy limits for every 100 basis point shock.

69

Item 4. Controls and Procedures

The Corporation carried out an evaluation, under the supervision and with the participation of the Corporation’s management, including the Corporation’s Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Corporation’s disclosure controls and procedures pursuant to Rule 13a-15, promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"). Based upon that evaluation, the Corporation’s Chief Executive Officer and Chief Financial Officer concluded that, as of the end of the period covered by this quarterly report, the Corporation’s disclosure controls and procedures are effective. Disclosure controls and procedures are controls and procedures that are designed to ensure that information required to be disclosed in Corporation reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

There have been no changes in the Corporation’s internal control over financial reporting during the fiscal quarter covered by this quarterly report that have materially affected, or are reasonably likely to materially affect, the Corporation’s internal control over financial reporting.

70

PART II – OTHER INFORMATION

Item 1. Legal Proceedings

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations. During the second quarter of 2015, Fulton Bank, N.A. (the "Bank"), the Corporation’s largest banking subsidiary, received a letter from the U.S. Department of Justice (the "Department") indicating that the Department had initiated an investigation regarding potential violations of fair lending laws by the Bank in certain of its geographies. The Bank is cooperating with the Department and responding to the Department’s request for information. Although this matter appears to be at a preliminary stage, it could result in legal proceedings the resolution of which could potentially involve a settlement, fines or other remedial actions.

The Corporation and each of its banking subsidiaries are subject to regulatory enforcement orders issued during 2014 and 2015 by their respective Federal and state bank regulatory agencies relating to identified deficiencies in the Corporation’s centralized Bank Secrecy Act and anti-money laundering compliance program (the "BSA/AML Compliance Program"), which was designed to comply with the requirements of the Bank Secrecy Act, the USA Patriot Act of 2001 and related anti-money laundering regulations (collectively, the "BSA/AML Requirements"). The regulatory enforcement orders, which are in the form of consent orders or orders to cease and desist issued upon consent ("Consent Orders"), generally require, among other things, that the Corporation and its subsidiary banks undertake a number of required actions to strengthen and enhance the BSA/AML Compliance Program. Further information pertaining to the Consent Orders was previously disclosed by the Corporation in Part II, Item 9B of its Annual Report on Form 10-K and in its Form 10-K/A each for the year ended December 31, 2014 and filed with the SEC on February 27, 2015 and June 8, 2015, respectively; in its Form 10-Q for the quarter-ended March 31, 2015 filed with the SEC on May 11, 2015; and in Current Reports on Form 8-K filed with the SEC on July 18, September 9, and December 29, 2014.

As of the date of this report, the Corporation believes that any liabilities, individually or in the aggregate, which may result from the final outcomes of pending proceedings will not have a material adverse effect on the financial condition of the Corporation. However, legal proceedings are often unpredictable, and it is possible that the ultimate resolution of any such matters, if unfavorable, may be material to the Corporation’s results of operations for any particular period, depending, in part, upon the size of the loss or liability imposed and the operating results for the applicable period.

Item 1A. Risk Factors

There have been no material changes to the risk factors as previously disclosed in Part I, Item 1A of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2014.

71

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table presents the Corporation's monthly repurchases of its common stock during the second quarter of 2015:

Period	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Approximate Dollar Value that May Yet Be Purchased Under the Plans or Programs
April 1, 2015 to April 30, 2015	2,510,174	$11.47	2,510,174	$	41,217,080
May 1, 2015 to May 31, 2015	818,000	$12.51	818,000	$	30,987,418
June 1, 2015 to June 30, 2015	—	—	—	$	30,987,418

In November 2014, the Corporation entered into an accelerated share repurchase agreement ("ASR") with a third party to repurchase $100.0 million of shares of its common stock, pursuant to a share repurchase program for a like amount of the Corporation's outstanding common stock announced on November 12, 2014. Under the terms of the ASR, the Corporation paid $100.0 million to the third party in November 2014 and received an initial delivery of 6.5 million shares, representing 80% of the shares expected to be delivered under the ASR, based on the closing price for the Corporation’s shares on November 13, 2014. In April 2015, the third party delivered an additional 1.8 million shares of common stock pursuant to the terms of the ASR, thereby completing the $100.0 million ASR. The Corporation repurchased a total of 8.3 million shares of common stock under the ASR at an average price of $12.05 per share.

On April 21, 2015, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation is authorized to repurchase up to$50.0 millionof its outstanding shares of common stock, or approximately2.3%of its outstanding shares, through December 31, 2015.Repurchased shares may be added to treasury stock, at cost, and will be used for general corporate purposes. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in open market or privately negotiated transactions, including without limitation, through accelerated share repurchase transactions. The share repurchase program may be discontinued at any time. Through June 30, 2015, 1.5 million shares had been repurchased under this program for a total cost of $19.0 million, or $12.36 per share.

No stock repurchases were made outside the programs and all repurchases were made in accordance with the guidelines of Rule 10b-18 and in compliance with Regulation M.

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

Not applicable.

Item 6. Exhibits

See Exhibit Index for a list of the exhibits required by Item 601 of Regulation S-K and filed as part of this report.

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FULTON FINANCIAL CORPORATION AND SUBSIDIARIES

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FULTON FINANCIAL CORPORATION
Date:	August 7, 2015	/s/ E. Philip Wenger
		E. Philip Wenger
		Chairman, Chief Executive Officer and President
Date:	August 7, 2015	/s/ Patrick S. Barrett
		Patrick S. Barrett
		Senior Executive Vice President and
		Chief Financial Officer

73

EXHIBIT INDEX

Exhibits Required Pursuant

to Item 601 of Regulation S-K

3.1	Articles of Incorporation, as amended and restated, of Fulton Financial Corporation– Incorporated by reference to Exhibit 3.1 of the Fulton Financial Corporation Current Report on Form 8-K dated June 24, 2011.
3.2	Bylaws of Fulton Financial Corporation as amended – Incorporated by reference to Exhibit 3.1 of the Fulton Financial Corporation Current Report on an Amended Form 8-K dated September 23, 2014.
10.1	Fulton Financial Corporation Deferred Compensation Plan, as amended and restated effective July 1, 2015.
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101	Financial statements from the Quarterly Report on Form 10-Q of Fulton Financial Corporation for the period ended June 30, 2015, filed on August 7, 2015, formatted in XBRL: (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Income, (iii) the Consolidated Statements of Comprehensive Income (iv) the Consolidated Statements of Shareholders' Equity, (v) the Consolidated Statement of Cash Flows and (vi) the Notes to Consolidated Financial Statements - filed herewith.

74

EX-10.1

FULTON FINANCIAL CORPORATION

DEFERRED COMPENSATION PLAN

(As Amended and Restated Effective July 1, 2015)

TABLE OF CONTENTS

ARTICLE I. - DEFINITIONS                                    2

Section 1.01: Account                                        2

Section 1.02: Administrator                                    3

Section 1.03: Beneficiary                                        3

Section 1.04: Code                                            3

Section 1.05: Compensation                                    3

Section 1.06: Compensation Deferral Subaccount                            3

Section 1.07: Employee                                        3

Section 1.08: Employer                                        3

Section 1.09: Matching Contribution Subaccount                            4

Section 1.10: Participant                                        4

Section 1.11: Plan                                            4

Section 1.12: Plan Year                                        4

Section 1.13: Separation from Service                                4

ARTICLE II. - PARTICIPATION                                    4

Section 2.01: Participation                                        4

Section 2.02: Separation from Service/Transfers.                            4

ARTICLE III. - CONTRIBUTIONS/ACCOUNTS                        5

Section 3.01: Participant Compensation Deferrals and Matching Contributions.            5

Section 3.02: Account Earnings                                    5

Section 3.03: Accounts                                        6

ARTICLE IV. - BENEFITS                                        6

Section 4.01: Payment of Benefits                                    6

Section 4.02: Method of Payment.                                    6

Section 4.03: Hardship Distributions.                                7

ARTICLE V. - ADMINISTRATION                                9

Section 5.01: Administrative Authority                                9

Section 5.02: Claims Procedure                                    9

ARTICLE VI. - MISCELLANEOUS                                10

Section 6.01: Treatment of Employers                                10

Section 6.02: Amendment                                        10

Section 6.03: Termination                                        11

Section 6.04: No Assignment                                    12

Section 6.05: No Guarantee of Employment/Participant's Rights Unsecured            12

Section 6.06: Governing Law                                    12

FULTON FINANCIAL CORPORATION

DEFERRED COMPENSATION PLAN

(As Amended and Restated Effective July 1, 2015)

THIS AMENDED AND RESTATED DEFERRED COMPENSATION PLAN ("Plan") is adopted this 17 th day of June, 2015, by FULTON FINANCIAL CORPORATION, on behalf of itself and its subsidiaries, as identified herein (individually and collectively, the "Employer");

W I T N E S S E T H:

WHEREAS, the Employer believes that a greater interest in and loyalty to it would result from, and the post-service security of its directors and certain of its employees would be furthered by, providing an income after retirement for such individuals; and

WHEREAS, in furtherance of said belief the Employer established the Plan, effective January 1, 1996, and previously amended and restated it in its entirety effective generally January 1, 2005, to comply with changes in Federal income tax law applicable to nonqualified deferred compensation plans, and to provide a level of investment flexibility to Plan Participants; and

WHEREAS, to provide certain employees who participate in the Fulton Financial Corporation 401(k) Retirement Plan (the "Fulton 401(k) Plan"), under which the Employer makes a fully vested matching contribution on up to 5% of the employee’s annual compensation that is not in excess of the maximum compensation that can be taken into account under the Fulton 401(k) Plan, with an opportunity to receive such matching contribution based on any such excess compensation, the Employer amended and restated the Plan in its entirety, effective generally January 1, 2008; and

WHEREAS, the Employer, desiring to incorporate certain modifications to the Plan for purposes of updating and clarifying various Plan provisions intends hereby to amend and restate the Plan in its entirety, effective generally July 1, 2015; and

WHEREAS, the board of directors of Fulton Financial Corporation has adopted resolutions approving the amendment and restatement of the Plan, on behalf of itself and its subsidiaries and authorizing its officers to execute this Plan document.

NOW, THEREFORE, effective July 1, 2015, except where otherwise indicated, the Employer hereby adopts this amended and restated Deferred Compensation Plan as hereinafter provided.

ARTICLE I. - DEFINITIONS

Section 1.01: Account. The bookkeeping account consisting of the amounts credited to a Participant's Compensation Deferral Subaccount and Matching Contribution Subaccount.

Section 1.02: Administrator. Fulton Financial Corporation. Fulton Financial Corporation may delegate responsibility for the administration of the Plan to such person(s), committee(s) or organization(s) as Fulton Financial Corporation's board of directors may direct.

Section 1.03: Beneficiary. Any person or persons designated by a Participant on a beneficiary designation form or, if there should be no such designation or if the designated person(s) should predecease the Participant, the spouse, children, parents, brothers and sisters, and estate of the Participant, in the order listed.

Section 1.04: Code. The Internal Revenue Code of 1986, as amended.

Section 1.05: Compensation. In the case of a Participant who is a member of the Employer's board of directors or advisory boards, the total fees paid by the Employer to the Participant for a year for serving on the board of directors. In the case of a Participant who is employed by the Employer, Compensation for a year shall mean the Participant’s “Compensation,” as defined in the Fulton 401(k) Plan, but including any amounts contributed by the Participant to an Account under this Plan, and disregarding any limitation under Code section 401(a)(17).

Section 1.06: Compensation Deferral Subaccount. The individual subaccount maintained for each Participant to which is credited a Participant's Compensation Deferrals under Section 3.01 hereof. The Compensation Deferral Subaccount shall consist of two separate sub-subaccounts: the Compensation Deferral Subaccount A, which shall be credited with a Participant’s Compensation Deferrals under Section 3.01 hereof related to Compensation earned prior to January 1, 2005, along with earnings attributable thereto; and the Compensation Deferral Subaccount B, which shall be credited with a Participant’s Compensation Deferrals under Section 3.01 hereof related to Compensation earned on and after January 1, 2005 along with earnings attributable thereto.

Section 1.07: Employee. Any person: (i) who is a member of the Employer's board of directors, (ii) who is employed by the Employer in a position in senior management, (iii) who is employed by the Employer in a position as a Senior Vice President or higher with annual base pay in excess of $100,000, or (iv) who is a member of any Employer advisory board. No person in the service of the Employer who is not a member of the Employer's board of directors, an advisory board, or a member of a select group of management or highly compensated employees as such group is described in section 201(2) of ERISA shall be eligible to participate hereunder.

Section 1.08: Employer. Fulton Financial Corporation; The Columbia Bank; Fulton Bank of New Jersey; SNB Services, LLC; Swineford National Bank; FFC Management, Inc.; Fulton Insurance Services Group, Inc.; CW & Company of Virginia; Fulton Bank, N.A.; Lafayette Ambassador Bank; LAB Services, LLC; FFA Services, LLC; FNB Bank, N.A.; FNB Services, LLC; and Fulton Services, LLC, and any successor thereto which assumes the obligations hereunder; and any other entity which adopts this Plan with the consent of Fulton Financial Corporation. While these entities are collectively referred to as the "Employer," each such entity shall, for all purposes hereof, be deemed an "Employer" only with respect to its own Employees.

Section 1.09: Matching Contribution Subaccount. The individual subaccount maintained for each Participant to which is credited a Participant's Matching Contributions under Section 3.01 hereof.

Section 1.10: Participant. An Employee who becomes a Participant as provided in Article II.

Section 1.11: Plan. The nonqualified, unfunded, deferred compensation plan set forth in this document and any amendments thereto. This Plan is intended to be treated as an unfunded deferred compensation plan under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and as a nonqualified deferred compensation plan under section 409A of the Code.

Section 1.12: Plan Year. The twelve consecutive month period beginning on January 1 of each calendar year.

Section 1.13: Separation from Service. A “separation from service" within the meaning of section 409A of the Code.

ARTICLE II. - PARTICIPATION

Section 2.01: Participation. Subject to the Administrator’s discretion in deciding any person’s status as an Employee eligible to participate, an Employee shall become a Participant in the Plan by completing and delivering to the Administrator an election form under which the Employee's Compensation is reduced and the amount of such reduction is credited to the Employee's Account hereunder. The effective date of the Employee's participation hereunder shall be the first day of the Plan Year immediately following the end of the Plan Year in which the completed election form is received by the Administrator pursuant to the procedures described in Section 3.01(a).

Section 2.02: Separation from Service/Transfers.

(a) With respect to any Participant who separates from service with and then recommences service with the Employer, his eligibility to resume making Compensation Deferrals shall be determined under Section 2.01.

(b) Any Participant who ceases to be a member of a select group of management or highly compensated employees, as such group is described in section 201(2) of ERISA, without a separation from service, shall not be permitted to make any further elections to defer Compensation under the Plan. If such person again becomes a member of a select group of management or highly compensated employees, his eligibility to resume making Compensation Deferrals shall be determined under Section 2.01.

(c) Any Participant who transfers to and becomes employed by a different Employer or any other member of the controlled group (as determined under sections 414(b) and (c) of the Code) of the Employer shall not have his deferral elections impacted as a result of such transfer. Each Employer who employs such Participant shall be deemed the Participant's "Employer" only for the period during which the Employer employed the Participant.

ARTICLE III. - CONTRIBUTIONS/ACCOUNTS

Section 3.01: Participant Compensation Deferrals and Matching Contributions.

(a) In accordance with rules established by the Administrator, a Participant may elect to defer all or a portion of his Compensation which is due to be earned and which would otherwise be paid to the Participant. Amounts so deferred will be considered a Participant's "Compensation Deferrals." A Participant shall make or change such an election with respect to amounts earned during a Plan Year during the period beginning November 1 and ending December 31 of the immediately preceding Plan Year ("Election Period"). The Participant’s election for any Plan Year shall be irrevocable as of the end of the Election Period for such Plan Year; provided, however, that in the event of a distribution upon

hardship or unforeseeable emergency pursuant to Section 4.03(a) or (b), the Participant’s election shall be canceled as of the first payroll period following such distribution.

(b) A Compensation Deferral election is made by executing and delivering to the Administrator an election form during the Election Period described in Section 3.01(a). The election is effective only for amounts earned during the Plan Year immediately following the end of the Election Period for such Plan Year. To make Compensation Deferrals for amounts earned during subsequent Plan Years, a Participant must affirmatively elect to make such Compensation Deferrals during the Election Period for each such Plan Year.

(c) There shall be established and maintained for each Participant a Compensation Deferral Subaccount to which shall be credited amounts equal to the Participant's Compensation Deferrals. A Participant shall always be one hundred percent (100%) vested in his Compensation Deferral Subaccount (and the investment gains and losses deemed credited thereto).

(d) Each Participant hereunder who in a Plan Year (i) is a senior executive officer of an Employer, a divisional president or a member of the Fulton Financial Corporation Management Committee; (ii) is also eligible to participate in the Fulton 401(k) Plan, (iii) has Compensation in excess of the maximum amount of annual compensation (Code section 401(a)(17) limit, as indexed) that can be taken into account under the Fulton 401(k) Plan, and (iv) makes Compensation Deferrals under this Plan for such Plan Year out of his Compensation that is in excess of the maximum amount of annual compensation that can be taken into account under the Fulton 401(k) Plan, shall be eligible hereunder for a Matching Contribution on such Compensation Deferrals at the same matching rate that is in effect that Plan Year under the Fulton 401(k) Plan. An eligible Participant’s Matching Contributions hereunder shall be determined as soon as practicable after the end of such Plan Year and promptly credited to the Participant’s Matching Contribution Subaccount. A Participant shall always be one hundred percent (100%) vested in the Participant’s Matching Contribution Subaccount (and the investment gains and losses deemed credited thereto).

Section 3.02: Account Earnings. Amounts credited to a Participant’s Account shall be deemed invested until the date distributed to the Participant, in accordance with the Participant’s direction, between and among one or more investment alternatives selected from time to time by the Administrator and made available under the Plan. In the absence of Participant directions, a Participant’s Account shall be deemed invested in the available investment alternative that is designated by the Administrator from time to time as the default investment fund. Rules and procedures governing the frequency and manner of Participant investment directions shall be established by the Administrator and communicated to Participants.

Section 3.03: Accounts. The amounts credited to the Accounts maintained hereunder for the Participants shall be held under the terms of the Fulton Financial Corporation Nonqualified Deferred Compensation Benefits Trust (hereinafter, the “Trust”), shall be segregated from the operating assets of the Employer, and shall be actually invested within the Trust between and among the available Trust investment alternatives in accordance with Participant directions. The Trust shall be a grantor trust for income tax purposes, and all Trust assets shall be available to satisfy claims of Employer creditors in the event of an Employer insolvency.

ARTICLE IV. - BENEFITS

Section 4.01: Payment of Benefits. A Participant's benefit shall become payable when the Participant attains age 62 or, if later, upon the Participant's Separation from Service. The Participant (or

his Beneficiary) shall be entitled to a benefit equal to the amount then credited to the Participant's Account (less any amounts required to be withheld for tax purposes). Said benefit shall be distributed in accordance with this Article.

Section 4.02: Method of Payment.

(a) For Compensation Deferral Subaccount A. No later than 12 months prior to the date a Participant's benefit becomes payable, the Participant may select from the following forms the manner in which the amounts credited to his Compensation Deferral Subaccount A shall be distributed.

(1) Single, lump sum payment; or

(2) Substantially equal monthly or annual installments over a period of not more than twenty (20) years.

A Participant shall select the desired form of distribution by completing and timely filing a payment election form with the Administrator. If a Participant fails to file a payment election form at least 12 months prior to the date the benefit becomes payable, then the Employer shall pay the benefit in substantially equal monthly installments over a period of five (5) years. A Participant may change his payment election at any time prior to commencement of the 12-month period ending on the date the benefit becomes payable. The payment election in effect on the date such 12-month period commences shall become irrevocable on such date and shall not be changed thereafter under any circumstances.

(b) For Compensation Deferral Subaccount B and Matching Contribution Subaccount. Concurrent with the time of his initial Compensation Deferral election relating to amounts to be credited to his Compensation Deferral Subaccount B and his Matching Contribution Subaccount pursuant to Section 3.01, if applicable, the Participant shall select from the following forms the manner in which all amounts thereafter credited to his Compensation Deferral Subaccount B and his Matching Contribution Subaccount shall be distributed:

(1) Single, lump sum payment; or

(2) Substantially equal monthly or annual installments over a period of not more than twenty (20) years.

Any subsequent change by the Participant to this selected form of payment shall be subject to the following conditions: the change must be made at least 12 months in advance of the date the initial payment under the prior election is scheduled to be made; the change cannot take effect until at least 12 months after it is made; and the initial payment pursuant to the change shall not be made until a date that is at least five years from the date such payment would otherwise have been made under the initial election. If a Participant fails to elect, by the end of the Election Period described in Section 3.01(a) for the Participant’s initial Compensation Deferral election, the manner in which payment of the Participant’s Compensation Deferral Subaccount B and Matching Contribution Subaccount will be made, then the Employer shall pay the benefit in substantially equal monthly installments over a period of five (5) years; provided, however, that such Participant may change this default form of payment subject to the foregoing rules for making changes in elective forms of payment.

(c) Distribution of a Participant's benefit shall be made or commence on the first payroll payment date in the month following the date the benefit becomes payable pursuant to Section 4.01, or as soon thereafter as administratively practicable, but in no event later than 90 days after the date the benefit becomes payable; provided, however, that if the Participant’s benefit becomes payable due to the Participant’s Separation from Service, distribution of the Participant’s benefit shall be made or shall commence on the first payroll payment date of the seventh month following the last day of the month in which the benefit becomes payable pursuant to Section 4.01, or as soon thereafter as administratively practicable, but in no event later than 90 days after such payroll payment date. Subsequent installment

payments, if applicable, shall be made monthly or annually pursuant to the Participant’s election (or monthly, absent such an election) until the benefit is fully paid, and any installment payments subject to delay under this Section 4.02(c) will result in an extension of the payout period commensurate with such delay rather than be paid at the time benefit payments commence. The six-month delay in making payments triggered by a Participant’s Separation from Service complies with the Fulton Financial Corporation Key Employee Amendment to the 409A Plans.

(d) In the event the Participant dies before the payment of his benefit commences, the Participant's benefit shall be paid to his Beneficiary under the method determined under subsection 4.02(a) and (b). In the event the Participant dies after the payment of his benefit commences but prior to the complete distribution of his benefit, the balance of the Participant's benefit shall be paid to his Beneficiary under the method by which the benefit was being paid to the Participant.

Section 4.03: Hardship Distributions.

(a) At any time prior to the date a Participant's benefit becomes payable under Section 4.01, a Participant who has an immediate and heavy financial need may request to receive all or a portion of that part of his accrued benefit credited to his Compensation Deferral Subaccount A. If the Administrator, in its sole discretion, determines that a distribution would be necessary on account of an immediate and heavy financial need, and is necessary to satisfy such financial need, the Participant shall receive the requested amount, or such lesser amount that the Administrator determines is necessary, from the Participant’s Compensation Deferral Subaccount A in a single, cash payment. All distributions under this Section 4.03(a) are subject to the following rules.

(1) A distribution shall not be deemed on account of an immediate and heavy financial need unless it is made for the purpose of:

(A) defraying medical expenses (as described in Code section 213(d)) incurred by the Participant, the Participant's spouse or any dependents of the Participant; or

(B) preventing the eviction of the Participant from his principal residence or a foreclosure on the mortgage of the Participant's principal residence.

(2) A distribution shall not be deemed necessary to satisfy an immediate and heavy financial need unless the following requirements are satisfied:

(A) the distribution is not in excess of the immediate and heavy financial need of the Participant (including any income taxes reasonably anticipated to result from the distribution); and

(B) the Participant is prohibited from making Compensation Deferrals to the Plan for a period of not less than 12 months following the date of distribution.

(3) A Participant requesting a distribution under this Section 4.03 shall have the burden of presenting to the Administrator evidence of the immediate and heavy financial need, and the Administrator shall not approve such request without first receiving such evidence.

(4) Any amount distributed to a Participant under this Section 4.03 shall reduce the amount of the Participant's benefit that may otherwise become payable under Section 4.01.

(b) At any time prior to the date a Participant’s benefit becomes payable under section 4.01, a Participant who has an Unforeseeable Emergency may request to receive all or a portion of that part of his accrued benefit credited to his Compensation Deferral Subaccount B (but not any related contribution credited to the Matching Contribution Subaccount). If the Administrator determines that a distribution is necessary on account of the Unforeseeable Emergency, the Participant shall receive no more than the amount of his accrued benefit that is necessary to alleviate the Unforeseeable Emergency in a single cash payment. Distributions under this Section 4.03(b) are subject to the following rules.

(1) A distribution shall not be deemed on account of an Unforeseeable Emergency unless the Participant is experiencing a severe financial hardship on account of an injury or illness of himself, a spouse or dependent resulting in medical expenses, a casualty loss of the Participant’s property, an imminent foreclosure on or eviction from the Participant’s primary residence, or unpaid funeral expenses of a spouse or a dependent.

(2) Purchase of a residence and payment of educational expenses shall not be deemed Unforeseeable Emergencies.

(3) A Participant requesting a distribution under this Section 4.03(b) shall have the burden of presenting to the Administrator evidence of the Unforeseeable Emergency, and the Administrator shall not approve such request without first receiving such evidence.

(4) Any amount distributed to a Participant under this Section 4.03(b) shall reduce the amount of the Participant’s benefit that may otherwise become payable under Section 4.01.

(5) Any distribution must be limited to the amount reasonably necessary to satisfy the emergency need (which may include amounts necessary to pay any taxes or penalties reasonably anticipated to result from the distribution).

(6) In determining the amount necessary to satisfy the emergency, the Administrator shall take into account the extent to which the hardship is or may be relieved through reimbursement or compensation by insurance or otherwise; by liquidation of the Participant’s assets, to the extent the liquidation would not cause severe financial hardship;or by cessation of deferrals under the Plan; provided, however, the Administrator shall not take into account for this purpose amounts available to the Participant under any qualified plan or under Section 4.03(a) hereof.

ARTICLE V. - ADMINISTRATION

Section 5.01: Administrative Authority. The Administrator shall have the responsibility for and the control of the operation and administration of the Plan, and shall have the power and authority to take all action and, in its sole discretion, to make all decisions and interpretations which may be necessary or appropriate in order to administer and operate the Plan, including, but not limited to, the power and responsibility to:

(a) Determine and resolve all disputes or questions arising under the Plan, including the power to determine the rights of Employees, Participants and Beneficiaries, and their respective benefits, and to remedy or resolve any ambiguities, inconsistencies or omissions in the Plan;

(b) Adopt such rules of procedure and regulations as may in its opinion be necessary for the proper and efficient administration of the Plan and as are consistent with the Plan, including in particular rules and procedures governing the manner and frequency of Participant investment directions;

(c) Implement the Plan in accordance with its terms and the rules and regulations adopted as above;

(d) Make determinations with respect to the eligibility of any Employee as a Participant and make determinations concerning the crediting and distribution of Plan Accounts;

(e) Prepare and distribute to Participants annual statements of account;

(f) Select, monitor and change the investment alternatives available to Participants under the Plan; and

(g) Appoint any persons or firms, or otherwise act to secure specialized advice or assistance, as it deems necessary or desirable in connection with the administration and operation of the Plan, and the Administrator shall be entitled to rely conclusively upon, and shall be fully protected in any action or omission taken by it in good faith reliance upon, the advice or opinion of such persons or firms.

Section 5.02: Claims Procedure. Any person claiming a benefit under the Plan (a "Claimant") shall present the claim, in writing, to the Administrator, and the Administrator shall respond in writing. If the claim is denied, the written notice of denial shall state, in a manner calculated to be understood by the Claimant:

(a) The specific reason or reasons for the denial, with specific references to the Plan provisions on which the denial is based;

(b) A description of any additional material or information necessary for the Claimant to perfect his claim and an explanation of why such material or information is necessary; and

(c) An explanation of the Plan's claims review procedure, including the Claimant’s right to bring a civil action under ERISA section 502(a) following an adverse benefit determination on review.

The written notice denying or granting the Claimant's claim shall be provided to the Claimant within sixty (60) days after the Administrator's receipt of the claim, unless circumstances require an extension of time for processing the claim. If such an extension is required, written notice of the extension shall be furnished by the Administrator to the Claimant within the initial sixty (60) day period and in no event shall such an extension exceed a period of sixty (60) days from the end of the initial sixty (60) day period. Any claim not granted or denied within the period described above shall be deemed to have been denied.

Any Claimant whose claim is denied, or deemed to have been denied under the preceding sentence may, within sixty (60) days after the Claimant's receipt of notice of the denial, or after the date of the deemed denial, request a review of the denial by notice given in writing to the Administrator. Upon such a request for review, the claim shall be reviewed by the Administrator (or its designated representative) which may, but shall not be required to, grant the Claimant a hearing. In connection with the review, the Claimant may have representation, may examine pertinent documents, and may submit issues and comments in writing.

The decision on review normally shall be made within sixty (60) days of the Administrator's receipt of the request for review. If an extension of time is required, the Claimant shall be notified in writing by the Administrator, and the time limit for the decision on review shall be extended to one hundred twenty (120) days. The decision on review shall be in writing and shall state, in a manner calculated to be understood by the Claimant, the specific reasons for the decision and shall include

references to the relevant Plan provisions on which the decision is based. The decision shall also include a statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the Claimant’s claim for benefits; and a statement describing any voluntary appeal procedures offered by the Plan and the Claimant’s right to obtain the information about such procedures, as well as a statement of the Claimant’s right to bring an action under ERISA section 502(a). The written decision on review shall be given to the Claimant within the sixty (60) day (or, if applicable, the one hundred twenty (120) day) time limit described above. If the decision on review is not communicated to the Claimant within the sixty (60) day (or, if applicable, the one hundred twenty (120) day) period described above, the claim shall be deemed to have been denied upon review. All decisions on review shall be final and binding with respect to all concerned parties.

ARTICLE VI. - MISCELLANEOUS

Section 6.01: Treatment of Employers. Notwithstanding any other provision herein to the contrary, each Employer shall be deemed an Employer only with respect to its own Employees. Any and all rights of a Participant (and his Beneficiary) shall be limited to, and binding upon, the Employer(s) by whom the Employee is or was employed or on whose board the Employee serves or served, and only the general assets of such Employer(s) may be used to fund the Account of the Participant under the Trust. No Participant (or Beneficiary) shall have any rights hereunder with respect to any other Employer.

Section 6.02: Amendment. Fulton Financial Corporation shall have the right to amend the Plan at such time or times and in such manner as it deems advisable and, by adopting this Plan, each Employer is deemed to consent to, and be bound by, any such amendment without further act or deed. Notwithstanding the foregoing, no amendment shall affect the amount of the Participant's accrued but unpaid benefit (including the amount of the deemed earnings that have accrued thereon), or the right of the Participant to receive his accrued but unpaid benefit, at the time the amendment becomes effective.

(a)Any such amendment shall be adopted by resolution of the board of directors of Fulton Financial Corporation and shall be executed by an officer authorized to act on behalf of Fulton Financial Corporation. A copy of the amendment shall be delivered to the Administrator and each Employer.

(b)In addition, the Retirement Plans Administrative Committee (the “Committee”) also shall have the right to amend the Plan at any time and from time to time with respect to any one or more of the following:

(1)Amendments required by relevant law, regulation or ruling;

(2)Amendments that can reasonably be characterized as technical or ministerial in nature; and

(3)Other amendments helpful to the administration and operation of the Plan as determined by the Committee in its sole discretion provided that such amendments that are not expected to have a material financial impact on the liability of the Employers under the Plan.

Notwithstanding the foregoing, the Committee shall not have the power to make an amendment to the Plan that could reasonably be expected to result in the termination of the Plan, a change in the powers, duties or responsibilities of the Administrator, or any increase in the duties or responsibilities of any Employer, unless such amendment is approved or ratified by the board of directors of Fulton Financial Corporation.

Section 6.03: Termination. The Employer shall have the right to terminate the Plan at any time. No termination, however, shall affect the amount of the Participant's accrued but unpaid benefit determined as of the termination of the Plan, or the right of the Participant to receive such accrued but unpaid benefit. In general, the termination of the Plan shall not result in the acceleration of the otherwise applicable time of payment of a Participant’s benefit under the Plan, with the following exceptions:

(a) If the Plan is terminated due to a dissolution of or a change in control (meeting the minimum requirements for a change in control as defined in the Treasury regulations promulgated under Code section 409A) of the Employer, within twelve months of the date of the dissolution or the termination upon the change in control, an accelerated distribution of Participant benefits is permitted, provided all of the conditions under Treasury Regulations section 1.409A-3(j)(4)(ix)(A) or (B), as applicable, are satisfied.

(b) If (1) the Employer decides to terminate the Plan in connection with a decision to cease sponsoring account balance nonqualified deferred compensation plans entirely, (2) all such plans are concurrently terminated, and (3) no new account balance nonqualified deferred compensation plans are established by the Employer for a period of at least three (3) years, then an accelerated distribution of Participant benefits is permitted on account of the termination of the Plan provided the entire distribution is made in the period that begins 12 months after the termination date and ends 24 months after the termination date and all of the conditions under Treasury Regulations section 1.409A-3(j)(4)(ix)(C) are satisfied.

Section 6.04: No Assignment. No Participant shall have the power to pledge, transfer, assign, anticipate, mortgage or otherwise encumber or dispose of in advance any interest in amounts payable hereunder or any of the payments provided for herein, nor shall any interest in amounts payable hereunder or in any payments be subject to seizure for payment of any debts, judgments, alimony or separate maintenance, or be reached or transferred by operation of law in the event of bankruptcy, insolvency or otherwise.

Section 6.05: No Guarantee of Employment/Participant's Rights Unsecured. Nothing contained in the Plan shall be construed as a contract of employment or deemed to give any Participant the right to be retained in the employ or service of the Employer, or to grant any equity or other interest in the assets, business or affairs of the Employer. No Participant (or Beneficiary) shall have a security interest in assets of the Employer for the payment of benefits, and the right of the Participant (or Beneficiary) to receive benefits hereunder shall be an unsecured claim against the general assets of the Employer. A Participant or Beneficiary shall have a claim against the assets held under the Trust; provided, however, that such assets shall remain subject to the claims of the Employer’s creditors, and the Participant or Beneficiary shall have only the rights of an unsecured creditor of the Employer in the event of an Employer’s insolvency.

Section 6.06: Governing Law. Except to the extent preempted by federal law, this Plan shall be construed and enforced under the laws of the Commonwealth of Pennsylvania. This Plan is intended to comply with the requirements of Code section 409A, the regulations thereunder and other official guidance relating thereto, and the terms and provisions of this Plan are to be construed consistent with these authorities, such that no benefit hereunder shall be included in a Participant’s gross income pursuant to such section.

IN WITNESS WHEREOF, the Employer has caused this Amended and Restated Plan to be signed by its duly authorized officers as of the day, month and year first above written.

ATTEST:         /s/ Elli Miller                                                      Elli Miller           Vice President and           Benefits Manager FULTON FINANCIAL CORPORATION By:   /s/ Bernadette M. Taylor                                     Bernadette M. Taylor           Senior Executive Vice President           and Chief Human Resources Officer

EX-31.1

Exhibit 31.1 – Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, E. Philip Wenger, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fulton Financial Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	August 7, 2015
	/s/ E. Philip Wenger
	E. Philip Wenger
	Chairman, Chief Executive Officer and President

EX-31.2

Exhibit 31.2 – Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Patrick S. Barrett, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fulton Financial Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	August 7, 2015
	/s/ Patrick S. Barrett
	Patrick S. Barrett
	Senior Executive Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1 - Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, E. Philip Wenger, Chief Executive Officer of Fulton Financial Corporation, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, certify that:

The Form 10-Q of Fulton Financial Corporation, containing the consolidated financial statements for the quarter ended June 30, 2015, fully complies with the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934. The information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of Fulton Financial Corporation.

Date:	August 7, 2015
	/s/ E. Philip Wenger
	E. Philip Wenger
	Chairman, Chief Executive Officer and President

EX-32.2

Exhibit 32.2 - Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

I, Patrick S. Barrett, Chief Financial Officer of Fulton Financial Corporation, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, certify that:

The Form 10-Q of Fulton Financial Corporation, containing the consolidated financial statements for the quarter ended June 30, 2015, fully complies with the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934. The information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of Fulton Financial Corporation.

Date:	August 7, 2015
	/s/ Patrick S. Barrett
	Patrick S. Barrett
	Senior Executive Vice President and
	Chief Financial Officer

XML

Net Income Per Share Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.8	3.3	2.0	3.2

XML

Loans and Allowance for Credit Losses Total Impaired Loans by Class Segments (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	$ 75,596	$ 68,022
Unpaid principal balance, with related allowance	168,686	167,682
Unpaid Principal Balance	244,282	235,704
Recorded investment, with no related allowance	59,992	59,073
Recorded investment, with related allowance	132,629	129,628
Recorded Investment	192,621	188,701
Related Allowance	47,563	60,867
Real-estate commercial mortage [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	29,836	25,802
Unpaid principal balance, with related allowance	49,792	49,619
Recorded investment, with no related allowance	24,357	23,236
Recorded investment, with related allowance	41,110	40,023
Related Allowance	13,452	16,715
Commercial - Secured [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	24,250	17,599
Unpaid principal balance, with related allowance	26,694	24,824
Recorded investment, with no related allowance	17,557	14,582
Recorded investment, with related allowance	21,239	19,335
Related Allowance	10,020	12,165
Commercial - unsecured [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	3,062	1,241
Recorded investment, with related allowance	2,904	1,089
Related Allowance	1,060	865
Real-estate - home equity [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	18,752	19,392
Recorded investment, with related allowance	13,278	13,458
Related Allowance	6,668	9,224
Real-estate - residential mortgage [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	6,630	4,873
Unpaid principal balance, with related allowance	56,048	56,607
Recorded investment, with no related allowance	6,223	4,873
Recorded investment, with related allowance	46,972	46,478
Related Allowance	14,024	18,592
Construction - commercial residential [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	13,581	18,041
Unpaid principal balance, with related allowance	11,976	14,007
Recorded investment, with no related allowance	10,699	14,801
Recorded investment, with related allowance	5,472	7,903
Related Allowance	1,771	2,675
Construction - Commercial [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with no related allowance	1,299	1,707
Unpaid principal balance, with related allowance	1,879	1,501
Recorded investment, with no related allowance	1,156	1,581
Recorded investment, with related allowance	1,342	1,023
Related Allowance	445	459
Construction other [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	452	452
Recorded investment, with related allowance	281	281
Related Allowance	103	137
Consumer - direct [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	15	19
Recorded investment, with related allowance	15	19
Related Allowance	10	17
Consumer - Indirect [Member]
Impaired Financing Receivables [Line Items]
Unpaid principal balance, with related allowance	16	20
Recorded investment, with related allowance	16	19
Related Allowance	$ 10	$ 18

XML

Investment Securities Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015 USD ($) Security	Jun. 30, 2014 USD ($)	Jun. 30, 2015 USD ($) Security	Jun. 30, 2014 USD ($)	Dec. 31, 2014 USD ($)
Schedule of Investments [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 1,600,000		$ 1,600,000		$ 1,700,000
Amortized cost	2,438,677		2,438,677		2,312,087
Available-for-sale Securities, Gross Realized Gain (Loss)	2,415	$ 1,112	6,560	$ 1,112
Available-for-sale Securities, Fair Value Disclosure	2,440,492		2,440,492		2,323,371
Single Bank Stock Investment, cost basis	10,700		10,700
Single Bank Stock Investment, Fair Value	$ 15,700		$ 15,700
Percent Ownership In An Individual Financial Institution	57.70%		57.70%
IndividualBankStockInvestmentPercenttoTotalPortfolio	5.00%		5.00%
Auction Rate Certificates Not Subject To Any Additional Other Than Temporary Impairment Charges Fair Value	$ 98,600		$ 98,600
Domestic Corporate debt securities	97,200		97,200
Equity Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	23,981		23,981		33,469
Available-for-sale Securities, Gross Realized Gain (Loss)	2,290	$ (12)	4,260	$ (11)
Available-for-sale Securities, Fair Value Disclosure	33,041		33,041		47,623
Equity Securities Financial Institution [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Equity Securities	27,200		27,200		41,800
Amortized cost	18,200		18,200
Available-for-sale Securities, Fair Value Disclosure	27,200		27,200
Equity Securities, Other [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Equity Securities	5,800		5,800
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	106,504		106,504		108,751
Available-for-sale Securities, Fair Value Disclosure	98,606		98,606		$ 100,941
Pooled Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	$ 1,900		1,900
Available-for-sale Securities, Gross Realized Gain (Loss)			$ 2,300
Number of Securities Sold | Security			3
Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Unrealized Loss on Securities			$ 4,200
Number of Trust Preferred Securities | Security	19		19
Number of Trust Preferred Securities Not Rated | Security	3		3
Moody's, A2 Rating [Member] | Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Carrying Value Auction Rate Securities Rated Investment Grade	$ 93,000		$ 93,000
Percentage Auction Rate Securities Investment Grade	94.00%		94.00%
Moody's, A3 Rating [Member] | Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Carrying Value Auction Rate Securities Rated Investment Grade	$ 6,000		$ 6,000
Percentage Auction Rate Securities Investment Grade	6.00%		6.00%
External Credit Rating, BBB [Member] | Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	$ 4,700		$ 4,700
Available-for-sale Securities, Fair Value Disclosure	3,800		3,800
External Credit Rating, Rated Below Investment Grade [Member] | Pooled Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	0		0
Available-for-sale Securities, Fair Value Disclosure	530		530
External Credit Rating, Rated Below Investment Grade [Member] | Single-issuer Trust Preferred Securities [Member]
Schedule of Investments [Line Items]
Amortized cost	14,500		14,500
Available-for-sale Securities, Fair Value Disclosure	$ 13,100		$ 13,100
Number of Trust Preferred Securities | Security	7		7

XML

Balance Sheet Offsetting (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		$ 20,180	$ 20,360
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(864)	(652)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	0	0
Net Amount		19,316	19,708
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		20,223	20,790
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(864)	(652)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	(19,290)	(19,520)
Net Amount		69	618
Foreign Exchange Contract [Member]
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		629	446
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(629)	(446)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	0
Net Amount		0
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		672	876
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(629)	(446)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	0	(310)
Net Amount		43	120
Interest Rate Swap [Member]
Offsetting Assets [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		19,551	19,914
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(235)	(206)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	0	0
Net Amount		19,316	19,708
Offsetting Liabilities [Line Items]
Gross Amounts Recognized on the Consolidated Balance Sheets		19,551	19,914
Gross Amounts Not Offset on the Consolidated Balance Sheets, Financial Instruments	[1]	(235)	(206)
Gross Amounts Not Offset on the Consolidated Balance Sheets, Cash Collateral	[2]	(19,290)	(19,210)
Net Amount		$ 26	$ 498

[1] For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

[2] Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

XML

Loans and Allowance for Credit Losses Average Impaired Loans by Class Segment (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014		Jun. 30, 2015		Jun. 30, 2014
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 62,210		$ 65,285		$ 61,164		$ 64,154
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	183	[1]	182	[1]	378	[1]	364
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	135,530		134,898		133,561		136,588
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	490	[1]	521	[1]	992	[1]	1,041
Impaired Financing Receivable, Average Recorded Investment	197,740		200,183		194,725		200,742
Impaired Financing Receivable, Interest Income, Accrual Method	673	[1]	703	[1]	1,370	[1]	1,405
Real-estate commercial mortage [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	27,410		23,162		26,018		23,606
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	87	[1]	80	[1]	178	[1]	166
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	40,204		38,455		40,143		37,580
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	126	[1]	132	[1]	259	[1]	264
Commercial - Secured [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	16,163		21,695		15,636		21,591
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	24	[1]	34	[1]	45	[1]	69
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	25,902		21,652		23,713		21,876
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	38	[1]	33	[1]	74	[1]	71
Commercial - unsecured [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,082		757		1,751		854
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	2	[1]	1	[1]	3	[1]	2
Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0		300		0		300
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	0	[1]	1	[1]	0	[1]	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	13,016		14,049		13,163		14,145
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	33	[1]	28	[1]	64	[1]	48
Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	5,541		857		5,318		571
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	32	[1]	5	[1]	60	[1]	6
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	47,020		51,153		46,839		51,134
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	270	[1]	300	[1]	543	[1]	594
Construction - Commercial Residential [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	12,171		17,853		13,048		16,482
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	40	[1]	62	[1]	95	[1]	122
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	6,031		7,676		6,655		9,977
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	21	[1]	27	[1]	49	[1]	62
Construction - Commercial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	925		1,418		1,144		1,604
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	960		723		981		547
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Construction other [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	281		413		281		458
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	17		16		18		14
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	0	[1]	0	[1]	0	[1]	0
Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	17		4		17		3
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 0

[1] All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and six months ended June 30, 2015 and 2014 represents amounts earned on accruing TDRs.

XML

Subsequent Event (Details) - USD ($)	1 Months Ended
	Jul. 31, 2015	Jun. 30, 2015
Subordinated Debt
Subsequent Event [Line Items]
Debt instrument, face amount		$ 150,000,000
Debt instrument, term		10 years
Subordinated borrowing, interest rate		4.50%
Debt instrument, effective interest rate		4.70%
Junior Subordinated Debt | Fulton Capital Trust I | Subsequent Event
Subsequent Event [Line Items]
Subordinated borrowing, interest rate	6.29%
Debt instrument, effective interest rate	6.52%
Repayments of subordinated debt	$ 150,000,000
Loss on extinguishment of debt	$ 5,600,000

XML

Investment Securities Gross Unrealized Losses and Fair Values of Investments by Category and Length of Time in a Continuous Unrealized Loss Position (Details) $ in Thousands	Jun. 30, 2015 USD ($)
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 472,418
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(3,679)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	720,280
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(31,174)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,192,698
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(34,853)
US Government Agencies Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(130)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(130)
Municipal Bonds [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	34,107
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(387)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	34,107
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(387)
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	7,965
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(13)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	35,229
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(4,754)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	43,194
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(4,767)
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	95,315
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(651)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	517,338
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(17,142)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	612,653
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(17,793)
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	306,980
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(2,498)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	69,029
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(1,368)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	376,009
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(3,866)
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	98,606
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(7,898)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	98,606
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(7,898)
Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	472,418
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(3,679)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	720,202
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(31,162)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,192,620
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(34,841)
Equity Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	78
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(12)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	78
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(12)
U.S. Government-Sponsored Agency Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	28,051
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 28,051

XML

Fair Value Option (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Summary of Corporation's Mortgage Loans Held for Sale

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	June 30, 2015		December 31, 2014
	(in thousands)
Cost	$	33,760	$	17,080
Fair value	33,980		17,522

XML

Fair Value Measurements Changes in Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Level 3 Inputs (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pooled Trust Preferred Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period		$ 1,084	$ 5,659	$ 4,088	$ 5,306
Sales		(554)	(1,394)	(3,633)	(1,394)
Unrealized adjustment to fair value	[1]	0	38	190	559
Settlements - calls			(28)	(117)	(200)
(Premium amortization) discount accretion	[2]	0	0	2	4
Balance, end of period		530	4,275	530	4,275
Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period		3,820	3,820	3,820	3,781
Sales		0	0	0	0
Unrealized adjustment to fair value	[1]	(2)	(2)	(4)	36
Settlements - calls			0	0	0
(Premium amortization) discount accretion	[2]	2	2	4	3
Balance, end of period		3,820	3,820	3,820	3,820
Auction Rate Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period		98,932	147,713	100,941	159,274
Sales		0	0	0	(11,912)
Unrealized adjustment to fair value	[1]	(420)	124	(88)	248
Settlements - calls			(1,081)	(2,446)	(1,081)
(Premium amortization) discount accretion	[2]	94	175	199	402
Balance, end of period		$ 98,606	$ 146,931	$ 98,606	$ 146,931

[1] Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

[2] Included as a component of net interest income on the consolidated statements of income.

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Loans and Allowance for Credit Losses Summary of Delinquency and Non-Performing Status by Portfolio Segment (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2015 USD ($)	Dec. 31, 2014 USD ($)	Jun. 30, 2014 USD ($)
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		$ 13,244,230	$ 13,111,716	$ 12,839,511
Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		1,689,688	1,736,688	1,730,497
Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		1,369,103	1,377,068	1,361,976
Construction other [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		56,561	59,512
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		272,494	265,431	280,557
Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		109,197	109,323
Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		163,297	156,108
Leasing and other and overdrafts [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		136,521	119,206	$ 102,008
Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		3,524,367	3,557,905
Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		$ 9,719,863	$ 9,553,811
Loans And Leases Receivable Percentage Of Loans Within Delinquecy Category By Total Non Risk Rated Loans		100.00%	100.00%
Performing Financing Receivable [Member] | Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		$ 1,665,771	$ 1,711,017
Performing Financing Receivable [Member] | Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		1,316,650	1,321,139
Performing Financing Receivable [Member] | Construction other [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		55,864	59,180
Performing Financing Receivable [Member] | Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		265,186	257,376
Performing Financing Receivable [Member] | Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		103,985	104,018
Performing Financing Receivable [Member] | Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		161,201	153,358
Performing Financing Receivable [Member] | Leasing and other and overdrafts [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		135,895	118,550
Performing Financing Receivable [Member] | Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income		$ 3,439,366	$ 3,467,262
Performing Financing Receivable [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Financing Receivable, Impaired [Line Items]
Loans And Leases Receivable Percentage Of Loans Within Delinquecy Category By Total Non Risk Rated Loans		97.60%	97.50%
Delinquent [Member] | Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	$ 9,285	$ 10,931
Delinquent [Member] | Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	20,891	26,934
Delinquent [Member] | Construction other [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	0	0
Delinquent [Member] | Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	4,725	5,465
Delinquent [Member] | Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	2,886	2,891
Delinquent [Member] | Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	1,839	2,574
Delinquent [Member] | Leasing and other and overdrafts [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	553	523
Delinquent [Member] | Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[1]	$ 35,454	$ 43,853
Delinquent [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Financing Receivable, Impaired [Line Items]
Loans And Leases Receivable Percentage Of Loans Within Delinquecy Category By Total Non Risk Rated Loans	[1]	1.00%	1.20%
Nonperforming Financing Receivable [Member]
Financing Receivable, Impaired [Line Items]
Days past due		90
Nonperforming Financing Receivable [Member] | Real-estate - home equity [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	$ 14,632	$ 14,740
Nonperforming Financing Receivable [Member] | Real-estate - residential mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	31,562	28,995
Nonperforming Financing Receivable [Member] | Construction other [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	697	332
Nonperforming Financing Receivable [Member] | Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	2,583	2,590
Nonperforming Financing Receivable [Member] | Consumer - direct [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	2,326	2,414
Nonperforming Financing Receivable [Member] | Consumer - Indirect [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	257	176
Nonperforming Financing Receivable [Member] | Leasing and other and overdrafts [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	73	133
Nonperforming Financing Receivable [Member] | Real Estate, Home Equity, Construction, Other, Consumer and Leasing [Member]
Financing Receivable, Impaired [Line Items]
Loans, net of unearned income	[2]	$ 49,547	$ 46,790
Nonperforming Financing Receivable [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Financing Receivable, Impaired [Line Items]
Loans And Leases Receivable Percentage Of Loans Within Delinquecy Category By Total Non Risk Rated Loans	[2]	1.40%	1.30%
Minimum [Member] | Delinquent [Member]
Financing Receivable, Impaired [Line Items]
Days past due		31
Maximum [Member] | Delinquent [Member]
Financing Receivable, Impaired [Line Items]
Days past due		89

[1] )Includes all accruing loans 31 days to 89 days past due

[2] Includes all accruing loans 90 days or more past due and all non-accrual loans.

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Fair Value Measurements Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Equity Securities, Value Test Coverage, Percent	80.00%
Fair Value, Equity Securities, Fair Value Price Difference Threshold, Percent	5.00%
Corporate debt securities	$ 2,407,451
Significant Input, Assumed Market Return to Liquidity, Years	5 years
Other real estate owned (OREO)	$ 12,763	$ 12,022
Short Term Borrowings, Reprice Period, In Days	90
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed	11.30%
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Discount Rate	9.60%
Equity Securities Financial Institution [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	$ 27,200	41,800
Other Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	5,800
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	97,172	98,034
Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	43,378	42,016
Pooled Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	530	4,088
Fair Value, Measurements, Recurring [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	43,400	42,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities Financial Institution [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	27,200	41,800
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Equity Securities	5,800	5,800
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Financial Institutions Subordinated Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	49,700	50,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	39,600	38,200
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	3,500	1,900
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Single-issuer Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	3,800	3,800
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Pooled Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate debt securities	500	4,100
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned (OREO)	12,800	12,000
Servicing Asset at Amortized Value, Fair Value	41,600	42,100
Trust for Benefit of Employees [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	16,800	16,400
Foreign Exchange Contract [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	1,200	1,300
Forward Contracts [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	3,000	1,400
Other financial liabilities	72	1,200
Interest Rate Swap [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets	19,600	19,900
Other financial liabilities	19,600	19,900
Foreign Exchange Contract [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial liabilities	1,000	1,300
Trust for Benefit of Employees [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial liabilities	$ 16,800	$ 16,400

XML

Common Stock Repurchase Plans (Details) - USD ($) $ / shares in Units, shares in Millions	1 Months Ended		6 Months Ended
	Apr. 30, 2015	Nov. 30, 2014	Jun. 30, 2015	Apr. 30, 2015	Jun. 30, 2014
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount	$ 50,000,000.0	$ 100,000,000		$ 50,000,000.0
Payments for repurchase of common stock		$ 100,000,000	$ 19,013,000		$ 49,804,000
Acquisition of treasury stock (in shares)	1.8	6.5	1.5	8.3
Share repurchase plan, percent of common shares outstanding, expected to be delivered		80.00%
Treasury stock aquired, average cost per share	$ 12.05		$ 12.36
Stock repurchase program, Number of shares authorized to be repurchased, percent of shares outstanding	2.30%

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Commitments and Contingencies Outstanding Commitments to Extend Credit and Letters of Credit (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Residential Mortgage Principal Balance Repurchase Request Received	$ 918	$ 543
Residential Mortgage Principal Balance FHLB Credit Enhancement	140,000
Residential Mortgage Repurchase Reserves FHLB Credit Enhancement	2,100	2,300
Commitments to Extend Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	5,071,983	4,389,064
Standby Letters of Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	387,996	382,465
Commercial Letters of Credit [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	35,769	32,304
Residential Mortgage [Member] | Reserve for Off-balance Sheet Activities [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation allowances and Reserves, Balance	$ 2,900	$ 3,200

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Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Reconciliation of Weighted Average Common Shares Outstanding

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended June 30		Six months ended June 30
	2015	2014	2015	2014
	(in thousands)
Weighted average shares outstanding (basic)	176,433	188,139	177,446	188,799
Impact of common stock equivalents	1,098	1,043	1,042	1,033
Weighted average shares outstanding (diluted)	177,531	189,182	178,488	189,832

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Loans and Allowance for Credit Losses Allowance for Credit Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Allowance for loan losses	$ 167,485	$ 177,701	$ 184,144	$ 191,685	$ 197,089	$ 202,780
Reserve for unfunded lending commitments	1,968		1,787
Allowance for credit losses	$ 169,453	$ 179,658	$ 185,931	$ 193,442	$ 199,006	$ 204,917

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Investment Securities Schedule of Amortized Cost and Fair Values of Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Amortized Cost	$ 2,438,677	$ 2,312,087
Gross Unrealized Gains	36,668	49,212
Gross Unrealized Losses	(34,853)	(37,928)
Estimated Fair Value	2,440,492	2,323,371
Equity Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	23,981	33,469
Gross Unrealized Gains	9,072	14,167
Gross Unrealized Losses	(12)	(13)
Estimated Fair Value	33,041	47,623
U.S. Government Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost		200
Gross Unrealized Gains		0
Gross Unrealized Losses		0
Estimated Fair Value		200
U.S. Government-Sponsored Agency Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	48,333	209
Gross Unrealized Gains	57	5
Gross Unrealized Losses	(130)	0
Estimated Fair Value	48,260	214
State and Municipal Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	231,592	238,250
Gross Unrealized Gains	5,312	7,231
Gross Unrealized Losses	(387)	(266)
Estimated Fair Value	236,517	245,215
Corporate Debt Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	98,756	99,016
Gross Unrealized Gains	3,183	5,126
Gross Unrealized Losses	(4,767)	(6,108)
Estimated Fair Value	97,172	98,034
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Amortized Cost	931,093	917,395
Gross Unrealized Gains	4,932	5,705
Gross Unrealized Losses	(17,793)	(20,787)
Estimated Fair Value	918,232	902,313
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	998,418	914,797
Gross Unrealized Gains	14,112	16,978
Gross Unrealized Losses	(3,866)	(2,944)
Estimated Fair Value	1,008,664	928,831
Auction Rate Securities [Member]
Schedule of Investments [Line Items]
Amortized Cost	106,504	108,751
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(7,898)	(7,810)
Estimated Fair Value	$ 98,606	$ 100,941

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Fair Value Measurements Details of Book Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Available for sale investment securities		$ 2,440,492	$ 2,323,371
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Cash and Cash Equivalents		100,455	105,702
Interest-Rate Deposits with Other Banks		322,218	358,130
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure		65,106	64,953
Loans Held-for-sale	[1]	33,980	17,522
Available for sale investment securities	[1]	2,440,492	2,323,371
Loans, net of unearned income	[1]	13,244,230	13,111,716
Accrued Interest Receivable		41,193	41,818
Other Financial Assets	[1]	157,792	169,764
Demand and Savings Deposit Liabilities, Fair Value Disclosure		10,501,956	10,296,055
Time Deposit Liabilities, Fair Value Disclosure		3,003,753	3,071,451
Short-term borrowings		409,035	329,719
Accrued interest payable		15,172	18,045
Other Financial Liabilities	[1]	175,220	172,786
Federal Home Loan Bank Advances And Debt Long Term, Fair Value Disclosre		1,132,641	1,139,413
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, FinancialStatement Captions[Line Items]
Cash and Cash Equivalents		100,455	105,702
Interest-Rate Deposits with Other Banks		322,218	358,130
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure		65,106	64,953
Loans Held-for-sale	[1]	33,980	17,522
Available for sale investment securities	[1]	2,440,492	2,323,371
Loans, net of unearned income	[1]	13,129,521	13,030,543
Accrued Interest Receivable		41,193	41,818
Other Financial Assets	[1]	157,792	169,764
Demand and Savings Deposit Liabilities, Fair Value Disclosure		10,501,956	10,296,055
Time Deposit Liabilities, Fair Value Disclosure		2,999,352	3,069,883
Short-term borrowings		409,035	329,719
Accrued interest payable		15,172	18,045
Other Financial Liabilities	[1]	175,220	172,786
Federal Home Loan Bank Advances And Debt Long Term, Fair Value Disclosre		$ 1,152,810	$ 1,142,980

[1] These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

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Basis of Presentation Basis of Presentation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Tax Credit Carryforward [Line Items]
Income Tax Expense (Benefit)	$ 12,175	$ 13,500	$ 25,679	$ 27,734
Other Assets
Tax Credit Carryforward [Line Items]
Investments, low income housing	156,800		156,800		$ 155,600
LIH Low Income Housing
Tax Credit Carryforward [Line Items]
Income Tax Expense (Benefit)	$ (2,400)	$ (2,800)	$ (4,800)	$ (5,300)

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Loans and Allowance for Credit Losses Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		$ 177,701,000	$ 197,089,000	$ 184,144,000	$ 202,780,000
Loans charged off		(15,372,000)	(11,476,000)	(21,136,000)	(21,744,000)
Recoveries of loans previously charged off		2,967,000	2,412,000	6,158,000	4,269,000
Net loans charged off		(12,405,000)	(9,064,000)	(14,978,000)	(17,475,000)
Provision for loan losses	[1]	2,189,000	3,660,000	(1,681,000)	6,380,000
Ending Balance		167,485,000	191,685,000	167,485,000	191,685,000
Provision for loan losses gross		(11,000)	160,000	(180,000)	380,000
Provision for Loan and Lease Losses		2,200,000	3,500,000	(1,500,000)	6,000,000
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		52,860,000	53,757,000	53,493,000	55,659,000
Loans charged off		(1,642,000)	(2,141,000)	(2,351,000)	(3,527,000)
Recoveries of loans previously charged off		451,000	430,000	887,000	474,000
Net loans charged off		(1,191,000)	(1,711,000)	(1,464,000)	(3,053,000)
Provision for loan losses	[1]	(989,000)	(2,204,000)	(1,349,000)	(2,764,000)
Ending Balance		50,680,000	49,842,000	50,680,000	49,842,000
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		57,150,000	50,563,000	51,378,000	50,330,000
Loans charged off		(11,166,000)	(5,512,000)	(13,029,000)	(10,637,000)
Recoveries of loans previously charged off		1,471,000	775,000	2,257,000	1,519,000
Net loans charged off		(9,695,000)	(4,737,000)	(10,772,000)	(9,118,000)
Provision for loan losses	[1]	1,715,000	3,258,000	8,564,000	7,872,000
Ending Balance		49,170,000	49,084,000	49,170,000	49,084,000
Real-estate - home equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		23,481,000	32,460,000	28,271,000	28,222,000
Loans charged off		(870,000)	(1,234,000)	(1,638,000)	(2,885,000)
Recoveries of loans previously charged off		189,000	177,000	440,000	533,000
Net loans charged off		(681,000)	(1,057,000)	(1,198,000)	(2,352,000)
Provision for loan losses	[1]	(294,000)	638,000	(4,567,000)	6,171,000
Ending Balance		22,506,000	32,041,000	22,506,000	32,041,000
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		23,235,000	33,329,000	29,072,000	33,082,000
Loans charged off		(783,000)	(1,089,000)	(2,064,000)	(1,935,000)
Recoveries of loans previously charged off		187,000	108,000	346,000	224,000
Net loans charged off		(596,000)	(981,000)	(1,718,000)	(1,711,000)
Provision for loan losses	[1]	148,000	396,000	(4,567,000)	1,373,000
Ending Balance		22,787,000	32,744,000	22,787,000	32,744,000
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		8,487,000	9,842,000	9,756,000	12,649,000
Loans charged off		(87,000)	(218,000)	(87,000)	(432,000)
Recoveries of loans previously charged off		231,000	158,000	1,378,000	382,000
Net loans charged off		144,000	(60,000)	1,291,000	(50,000)
Provision for loan losses	[1]	(882,000)	1,549,000	(3,298,000)	(1,268,000)
Ending Balance		7,749,000	11,331,000	7,749,000	11,331,000
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		2,527,000	3,324,000	3,015,000	3,260,000
Loans charged off		(357,000)	(449,000)	(1,137,000)	(1,200,000)
Recoveries of loans previously charged off		368,000	402,000	609,000	611,000
Net loans charged off		11,000	(47,000)	(528,000)	(589,000)
Provision for loan losses	[1]	70,000	29,000	121,000	635,000
Ending Balance		2,608,000	3,306,000	2,608,000	3,306,000
Leasing and other and overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		1,653,000	2,011,000	1,799,000	3,370,000
Loans charged off		(467,000)	(833,000)	(830,000)	(1,128,000)
Recoveries of loans previously charged off		70,000	362,000	241,000	526,000
Net loans charged off		(397,000)	(471,000)	(589,000)	(602,000)
Provision for loan losses	[1]	359,000	311,000	405,000	(917,000)
Ending Balance		1,615,000	1,851,000	1,615,000	1,851,000
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		8,308,000	11,803,000	7,360,000	16,208,000
Loans charged off		0	0	0	0
Recoveries of loans previously charged off		0	0	0	0
Net loans charged off		0	0	0	0
Provision for loan losses	[1]	2,062,000	(317,000)	3,010,000	(4,722,000)
Ending Balance	[2]	$ 10,370,000	$ 11,486,000	$ 10,370,000	$ 11,486,000

[1] The provision for loan losses excluded an $11,000 and $181,000 increase, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2015 and a $160,000 and $380,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2014. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $2.2 million and negative $1.5 million, respectively, for the three and six months ended June 30, 2015 and $3.5 million and $6.0 million, respectively, for the three and six months ended June 30, 2014.

[2] The unallocated allowance, which was approximately 6% of the total allowance for credit losses as of both June 30, 2015 and June 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

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Derivative Financial Instruments Notional Amounts and Fair Values of Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Foreign Currency Open Position	$ 500,000
Derivative asset, fair value	20,180	$ 20,360
Derivative liability, fair value	20,223	20,790
Derivative asset (liability), net	3,046	160
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Derivative asset, notional amount	126,063	89,655
Derivative liability, notional amount	2,240	301
Derivative asset, fair value	1,268	1,391
Derivative liability, fair value	48	6
Derivative asset (liability), net	1,220	1,385
Forward Commitments [Member]
Derivative [Line Items]
Derivative asset, notional amount	111,387	0
Derivative liability, notional amount	27,107	93,802
Derivative asset, fair value	1,705	0
Derivative liability, fair value	24	1,164
Derivative asset (liability), net	1,681	(1,164)
Interest Rate Swap with Customer [Member]
Derivative [Line Items]
Derivative asset, notional amount	558,750	468,080
Derivative liability, notional amount	46,937	25,418
Derivative asset, fair value	19,317	19,716
Derivative liability, fair value	234	198
Derivative asset (liability), net	19,083	19,518
Interest Rate Swap with Counterparty [Member]
Derivative [Line Items]
Derivative asset, notional amount	46,937	25,418
Derivative liability, notional amount	558,750	468,080
Derivative asset, fair value	234	198
Derivative liability, fair value	19,317	19,716
Derivative asset (liability), net	(19,083)	(19,518)
Foreign Exchange Contracts With Customer [Member]
Derivative [Line Items]
Derivative asset, notional amount	8,200	11,616
Derivative liability, notional amount	7,128	5,250
Derivative asset, fair value	572	810
Derivative liability, fair value	384	441
Derivative asset (liability), net	188	369
Foreign Exchange Contracts With Correspondent Banks [Member]
Derivative [Line Items]
Derivative asset, notional amount	9,296	5,287
Derivative liability, notional amount	9,824	13,572
Derivative asset, fair value	629	446
Derivative liability, fair value	672	876
Derivative asset (liability), net	$ (43)	$ (430)

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Loans and Allowance for Credit Losses Past Due Loan Status and Non-Accrual Loans by Portfolio Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	$ 51,428	$ 51,177
60-89 Days Past Due	10,503	17,169
>90 Days Past Due and Accruing	20,353	17,402
Non-accrual	129,152	121,080
Total >90 Days	149,505	138,482
Total Past Due	211,436	206,828
Current	13,032,794	12,904,888
Loans, net of unearned income	13,244,230	13,111,716	$ 12,839,511
Real-estate commercial mortage [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	16,139	14,399
60-89 Days Past Due	1,848	3,677
>90 Days Past Due and Accruing	1,947	800
Non-accrual	47,985	44,437
Total >90 Days	49,932	45,237
Total Past Due	67,919	63,313
Current	5,169,881	5,133,842
Loans, net of unearned income	5,237,800	5,197,155	5,128,734
Commercial - industrial, financial, and agricultural [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	6,796	5,234
60-89 Days Past Due	1,543	1,023
>90 Days Past Due and Accruing	730	619
Non-accrual	35,109	29,769
Total >90 Days	35,839	30,388
Total Past Due	44,178	36,645
Current	3,762,521	3,688,922
Loans, net of unearned income	3,806,699	3,725,567	3,601,721
Commercial - Secured [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	6,489	4,839
60-89 Days Past Due	1,463	958
>90 Days Past Due and Accruing	730	610
Non-accrual	32,379	28,747
Total >90 Days	33,109	29,357
Total Past Due	41,061	35,154
Current	3,612,599	3,529,460
Loans, net of unearned income	3,653,660	3,564,614
Commercial - unsecured [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	307	395
60-89 Days Past Due	80	65
>90 Days Past Due and Accruing	0	9
Non-accrual	2,730	1,022
Total >90 Days	2,730	1,031
Total Past Due	3,117	1,491
Current	149,922	159,462
Loans, net of unearned income	153,039	160,953
Real-estate - construction [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	151	160
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	416	51
Non-accrual	14,468	16,348
Total >90 Days	14,884	16,399
Total Past Due	15,035	16,559
Current	716,890	674,042
Loans, net of unearned income	731,925	690,601	634,018
Real-estate - home equity [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	7,161	8,048
60-89 Days Past Due	2,124	2,883
>90 Days Past Due and Accruing	4,653	4,257
Non-accrual	9,979	10,483
Total >90 Days	14,632	14,740
Total Past Due	23,917	25,671
Current	1,665,771	1,711,017
Loans, net of unearned income	1,689,688	1,736,688	1,730,497
Real-estate - residential mortgage [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	16,835	18,789
60-89 Days Past Due	4,056	8,145
>90 Days Past Due and Accruing	9,951	8,952
Non-accrual	21,611	20,043
Total >90 Days	31,562	28,995
Total Past Due	52,453	55,929
Current	1,316,650	1,321,139
Loans, net of unearned income	1,369,103	1,377,068	1,361,976
Construction - Commercial Residential [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	151	160
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	0	0
Non-accrual	11,689	13,463
Total >90 Days	11,689	13,463
Total Past Due	11,840	13,623
Current	175,108	190,047
Loans, net of unearned income	186,948	203,670
Construction - Commercial [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	0	0
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	0	0
Non-accrual	2,498	2,604
Total >90 Days	2,498	2,604
Total Past Due	2,498	2,604
Current	485,918	424,815
Loans, net of unearned income	488,416	427,419
Construction other [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	0	0
60-89 Days Past Due	0	0
>90 Days Past Due and Accruing	416	51
Non-accrual	281	281
Total >90 Days	697	332
Total Past Due	697	332
Current	55,864	59,180
Loans, net of unearned income	56,561	59,512
Consumer [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	3,878	4,190
60-89 Days Past Due	847	1,275
>90 Days Past Due and Accruing	2,583	2,590
Non-accrual	0	0
Total >90 Days	2,583	2,590
Total Past Due	7,308	8,055
Current	265,186	257,376
Loans, net of unearned income	272,494	265,431	280,557
Consumer - direct [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	2,159	2,034
60-89 Days Past Due	727	857
>90 Days Past Due and Accruing	2,326	2,414
Non-accrual	0	0
Total >90 Days	2,326	2,414
Total Past Due	5,212	5,305
Current	103,985	104,018
Loans, net of unearned income	109,197	109,323
Consumer - Indirect [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	1,719	2,156
60-89 Days Past Due	120	418
>90 Days Past Due and Accruing	257	176
Non-accrual	0	0
Total >90 Days	257	176
Total Past Due	2,096	2,750
Current	161,201	153,358
Loans, net of unearned income	163,297	156,108
Leasing and other and overdrafts [Member]
Financial Receivable, Recorded investment, Past Due [Line Items]
31-59 Days Past Due	468	357
60-89 Days Past Due	85	166
>90 Days Past Due and Accruing	73	133
Non-accrual	0	0
Total >90 Days	73	133
Total Past Due	626	656
Current	135,895	118,550
Loans, net of unearned income	$ 136,521	$ 119,206	$ 102,008

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Investment Securities Summary of Amortized Cost and Fair Values of Corporate Debt Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	$ 2,414,696
Corporate debt securities	2,407,451
Corporate Debt Securities Issued by Financial Institutions [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	95,208	$ 97,109
Corporate debt securities	93,624	96,127
Single-issuer Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	47,613	47,569
Corporate debt securities	43,378	42,016
Subordinated Debt
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	47,595	47,530
Corporate debt securities	49,716	50,023
Pooled Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	0	2,010
Corporate debt securities	530	4,088
Other Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	3,548	1,907
Corporate debt securities	3,548	1,907
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	98,756	99,016
Corporate debt securities	$ 97,172	$ 98,034

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Basis of Presentation

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying unaudited consolidated financial statements of Fulton Financial Corporation (the "Corporation") have been prepared in conformity with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities as of the date of the financial statements as well as revenues and expenses during the period. Actual results could differ from those estimates. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The Corporation evaluates subsequent events through the date of filing of this Form 10-Q with the Securities and Exchange Commission ("SEC").

Recent Accounting Standards

Effective January 1, 2015, the Corporation adopted the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Update 2014-01, "Accounting for Investments in Qualified Affordable Housing Projects." ASC Update 2014-01 provides guidance on accounting for investments made by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low income housing tax credit. The Corporation has made certain investments in partnerships that generate tax credits under various federal programs which promote investment in low and moderate income housing and local economic development. The net income tax benefit associated with these investments, which consists of the amortization of the investments net of tax benefits, and the income tax credits earned on the investments recorded in income taxes on the consolidated income statements was $2.4 million and $2.8 million for the three months ended June 30, 2015 and 2014, respectively and $4.8 million and $5.3 million for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015 and December 31, 2014, the Corporation’s tax credit investments, included in other assets on the consolidated balance sheets, totaled $156.8 million and $155.6 million, respectively. The adoption of this ASC update did not have a material impact on the Corporation's consolidated financial statements for the three or six months ended June 30, 2015 or 2014.

In February 2015, the FASB issued ASC Update 2015-02, "Consolidation: Amendments to the Consolidation Analysis." ASC Update 2015-02 changes the way reporting enterprises evaluate whether: (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a variable interest entity ("VIE"), and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE.ASC Update 2015-02 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q, and does not expect the adoption of ASC Update 2015-02 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-03, "Interest - Imputation of Interest." ASC Update 2015-03 simplifies the presentation of debt issuances costs. Debt issuance costs related to a recognized debt liability will be presented on the balance sheet as a direct deduction from the debt liability, similar to the presentation of debt discounts. Under current U.S. GAAP, debt issuance costs are reported on the balance sheet as assets. The costs will continue to be amortized to interest expense using the effective interest method. ASC Update 2015-03 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-03 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement." ASC Update 2015-05 provides explicit guidance to determine when a customer's fees paid in a cloud computing arrangement is for the acquisition of software licenses, services, or both. ASC Update 2015-05 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-05 to have a material impact on its consolidated financial statements.

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Loans and Allowance for Credit Losses Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Loan and Lease Losses	$ 2,200	$ 3,500	$ (1,500)	$ 6,000
Allowance for Loan and Lease Losses, Period Increase (Decrease)			$ 7,500
Impaired loans with principal balances approximately in percentage			72.00%	79.00%
Loan to value ratio in the Corporation's policy	70.00%		70.00%
Recorded investment, with no related allowance	$ 59,992		$ 59,992		$ 59,073
TDR additional commitments to lend	6,000		6,000		$ 3,900
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance of loans evaluated individually for impairment			1,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum balance of loans evaluated individually for impairment			1,000
Impaired loans balances, real estate as collateral	$ 1,000		$ 1,000

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Investment Securities Schedule of Amortized Cost and Fair Values of Debt Securities by Contractual Maturities (Details) $ in Thousands	Jun. 30, 2015 USD ($)
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost Basis	$ 57,382
Available-for-sale Securities, Debt Maturities, within One Year, Fair Value	58,372
Available-for-sale Securities, Debt Maturities, after One Through Five Years, Amortized Cost Basis	104,022
Available-for-sale Securities, Debt Maturities, after One Through Five Years, Fair Value	106,663
Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Amortized Cost Basis	148,682
Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Fair Value	151,430
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	175,099
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	164,090
Available for Sale Securities, Debt Securities, Amortized Cost, Before Securities Without Debt Maturities	485,185
Available for Sale Securities, Debt Maturities, Before Securities Without Single Maturities	480,555
Available-for-sale Debt Securities, Amortized Cost Basis	2,414,696
Available for Sale, Estimated Fair Value	2,407,451
Collateralized Mortgage Obligations [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis	931,093
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	918,232
Mortgage-Backed Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis	998,418
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value	$ 1,008,664

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Mortgage Servicing Rights (Tables)

6 Months Ended

Jun. 30, 2015

Transfers and Servicing [Abstract]

Summary of Changes in Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights ("MSRs"), which are included in other assets on the consolidated balance sheets:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Amortized cost:
Balance at beginning of period	$	41,803		$	41,668		$	42,148		$	42,452
Originations of mortgage servicing rights	1,956			1,236			3,513			2,351
Amortization	(2,161		)	(318		)	(4,063		)	(2,217		)
Balance at end of period	$	41,598		$	42,586		$	41,598		$	42,586

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Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Summary of Gross Loans by Type

Loans, net of unearned income are summarized as follows:

	June 30, 2015			December 31, 2014
	(in thousands)
Real-estate - commercial mortgage	$	5,237,800		$	5,197,155
Commercial - industrial, financial and agricultural	3,806,699			3,725,567
Real-estate - home equity	1,689,688			1,736,688
Real-estate - residential mortgage	1,369,103			1,377,068
Real-estate - construction	731,925			690,601
Consumer	272,494			265,431
Leasing and other	147,960			127,562
Overdrafts	2,642			4,021
Loans, gross of unearned income	13,258,311			13,124,093
Unearned income	(14,081		)	(12,377		)
Loans, net of unearned income	$	13,244,230		$	13,111,716

Schedule of Allowance for Credit Losses

The following table presents the components of the allowance for credit losses:

	June 30, 2015		December 31, 2014
	(in thousands)
Allowance for loan losses	$	167,485	$	184,144
Reserve for unfunded lending commitments	1,968		1,787
Allowance for credit losses	$	169,453	$	185,931

Activity in the Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance at beginning of period	$	179,658		$	199,006		$	185,931		$	204,917
Loans charged off	(15,372		)	(11,476		)	(21,136		)	(21,744		)
Recoveries of loans previously charged off	2,967			2,412			6,158			4,269
Net loans charged off	(12,405		)	(9,064		)	(14,978		)	(17,475		)
Provision for credit losses	2,200			3,500			(1,500		)	6,000
Balance at end of period	$	169,453		$	193,442		$	169,453		$	193,442

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	52,860		$	57,150		$	23,481		$	23,235		$	8,487		$	2,527		$	1,653		$	8,308		$	177,701
Loans charged off	(1,642		)	(11,166		)	(870		)	(783		)	(87		)	(357		)	(467		)	—			(15,372		)
Recoveries of loans previously charged off	451			1,471			189			187			231			368			70			—			2,967
Net loans charged off	(1,191		)	(9,695		)	(681		)	(596		)	144			11			(397		)	—			(12,405		)
Provision for loan losses (1)	(989		)	1,715			(294		)	148			(882		)	70			359			2,062			2,189
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Three months ended June 30, 2014
Balance at March 31, 2014	$	53,757		$	50,563		$	32,460		$	33,329		$	9,842		$	3,324		$	2,011		$	11,803		$	197,089
Loans charged off	(2,141		)	(5,512		)	(1,234		)	(1,089		)	(218		)	(449		)	(833		)	—			(11,476		)
Recoveries of loans previously charged off	430			775			177			108			158			402			362			—			2,412
Net loans charged off	(1,711		)	(4,737		)	(1,057		)	(981		)	(60		)	(47		)	(471		)	—			(9,064		)
Provision for loan losses (1)	(2,204		)	3,258			638			396			1,549			29			311			(317		)	3,660
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Six months ended June 30, 2015
Balance at December 31, 2014	$	53,493		$	51,378		$	28,271		$	29,072		$	9,756		$	3,015		$	1,799		$	7,360		$	184,144
Loans charged off	(2,351		)	(13,029		)	(1,638		)	(2,064		)	(87		)	(1,137		)	(830		)	—			(21,136		)
Recoveries of loans previously charged off	887			2,257			440			346			1,378			609			241			—			6,158
Net loans charged off	(1,464		)	(10,772		)	(1,198		)	(1,718		)	1,291			(528		)	(589		)	—			(14,978		)
Provision for loan losses (1)	(1,349		)	8,564			(4,567		)	(4,567		)	(3,298		)	121			405			3,010			(1,681		)
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Six months ended June 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(3,527		)	(10,637		)	(2,885		)	(1,935		)	(432		)	(1,200		)	(1,128		)	—			(21,744		)
Recoveries of loans previously charged off	474			1,519			533			224			382			611			526			—			4,269
Net loans charged off	(3,053		)	(9,118		)	(2,352		)	(1,711		)	(50		)	(589		)	(602		)	—			(17,475		)
Provision for loan losses (1)	(2,764		)	7,872			6,171			1,373			(1,268		)	635			(917		)	(4,722		)	6,380
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685

(1) The provision for loan losses excluded an $11,000 and $181,000 increase, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2015 and a $160,000 and $380,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2014. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $2.2 million and negative $1.5 million, respectively, for the three and six months ended June 30, 2015 and $3.5 million and $6.0 million, respectively, for the three and six months ended June 30, 2014.

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	37,228	$	38,090	$	15,838	$	8,763	$	5,430	$	2,588	$	1,615	$	10,370	$	119,922
Evaluated for impairment under FASB ASC Section 310-10-35	13,452		11,080		6,668		14,024		2,319		20		—		N/A		47,563
	$	50,680	$	49,170	$	22,506	$	22,787	$	7,749	$	2,608	$	1,615	$	10,370	$	167,485
Loans, net of unearned income at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,172,333	$	3,764,999	$	1,676,410	$	1,315,908	$	712,975	$	272,463	$	136,521	N/A		$	13,051,609
Evaluated for impairment under FASB ASC Section 310-10-35	65,467		41,700		13,278		53,195		18,950		31		—		N/A		192,621
	$	5,237,800	$	3,806,699	$	1,689,688	$	1,369,103	$	731,925	$	272,494	$	136,521	N/A		$	13,244,230
Allowance for loan losses at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	33,388	$	36,603	$	22,234	$	11,450	$	7,163	$	3,285	$	1,851	$	11,486	$	127,460
Evaluated for impairment under FASB ASC Section 310-10-35	16,454		12,481		9,807		21,294		4,168		21		—		N/A		64,225
	$	49,842	$	49,084	$	32,041	$	32,744	$	11,331	$	3,306	$	1,851	$	11,486	$	191,685
Loans, net of unearned income at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,067,400	$	3,558,788	$	1,715,953	$	1,309,739	$	606,221	$	280,534	$	102,008	N/A		$	12,640,643
Evaluated for impairment under FASB ASC Section 310-10-35	61,334		42,933		14,544		52,237		27,797		23		—		N/A		198,868
	$	5,128,734	$	3,601,721	$	1,730,497	$	1,361,976	$	634,018	$	280,557	$	102,008	N/A		$	12,839,511

(1) The unallocated allowance, which was approximately 6% of the total allowance for credit losses as of both June 30, 2015 and June 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A    Not applicable

Total Impaired Loans by Class Segment

The following table presents total impaired loans by class segment:

	June 30, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	29,836	$	24,357	$	—	$	25,802	$	23,236	$	—
Commercial - secured	24,250		17,557		—		17,599		14,582		—
Real estate - residential mortgage	6,630		6,223		—		4,873		4,873		—
Construction - commercial residential	13,581		10,699		—		18,041		14,801		—
Construction - commercial	1,299		1,156		—		1,707		1,581		—
	75,596		59,992				68,022		59,073
With a related allowance recorded:
Real estate - commercial mortgage	49,792		41,110		13,452		49,619		40,023		16,715
Commercial - secured	26,694		21,239		10,020		24,824		19,335		12,165
Commercial - unsecured	3,062		2,904		1,060		1,241		1,089		865
Real estate - home equity	18,752		13,278		6,668		19,392		13,458		9,224
Real estate - residential mortgage	56,048		46,972		14,024		56,607		46,478		18,592
Construction - commercial residential	11,976		5,472		1,771		14,007		7,903		2,675
Construction - commercial	1,879		1,342		445		1,501		1,023		459
Construction - other	452		281		103		452		281		137
Consumer - direct	15		15		10		19		19		17
Consumer - indirect	16		16		10		20		19		18
	168,686		132,629		47,563		167,682		129,628		60,867
Total	$	244,282	$	192,621	$	47,563	$	235,704	$	188,701	$	60,867

As of June 30, 2015 and December 31, 2014, there were $60.0 million and $59.1 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

The following table presents average impaired loans by class segment:

	Three months ended June 30								Six months ended June 30
	2015				2014				2015				2014
	Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	27,410	$	87	$	23,162	$	80	$	26,018	$	178	$	23,606	166
Commercial - secured	16,163		24		21,695		34		15,636		45		21,591		69
Real estate - home equity	—		—		300		1		—		—		300		1
Real estate - residential mortgage	5,541		32		857		5		5,318		60		571		6
Construction - commercial residential	12,171		40		17,853		62		13,048		95		16,482		122
Construction - commercial	925		—		1,418		—		1,144		—		1,604		—
	62,210		183		65,285		182		61,164		378		64,154		364
With a related allowance recorded:
Real estate - commercial mortgage	40,204		126		38,455		132		40,143		259		37,580		264
Commercial - secured	25,902		38		21,652		33		23,713		74		21,876		71
Commercial - unsecured	2,082		2		757		1		1,751		3		854		2
Real estate - home equity	13,016		33		14,049		28		13,163		64		14,145		48
Real estate - residential mortgage	47,020		270		51,153		300		46,839		543		51,134		594
Construction - commercial residential	6,031		21		7,676		27		6,655		49		9,977		62
Construction - commercial	960		—		723		—		981		—		547		—
Construction - other	281		—		413		—		281		—		458		—
Consumer - direct	17		—		16		—		18		—		14		—
Consumer - indirect	17		—		4		—		17		—		3		—
	135,530		490		134,898		521		133,561		992		136,588		1,041
Total	$	197,740	$	673	$	200,183	$	703	$	194,725	$	1,370	$	200,742	1,405

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and six months ended June 30, 2015 and 2014 represents amounts earned on accruing TDRs.

Financing Receivable Credit Quality Indicators

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - commercial mortgage	$	4,943,773		$	4,899,016		$	114,385		$	127,302		$	179,642		$	170,837		$	5,237,800		$	5,197,155
Commercial - secured	3,419,331			3,333,486			123,663			120,584			110,666			110,544			3,653,660			3,564,614
Commercial - unsecured	141,431			146,680			3,667			7,463			7,941			6,810			153,039			160,953
Total commercial - industrial, financial and agricultural	3,560,762			3,480,166			127,330			128,047			118,607			117,354			3,806,699			3,725,567
Construction - commercial residential	138,834			136,109			17,526			27,495			30,588			40,066			186,948			203,670
Construction - commercial	469,515			409,631			13,314			12,202			5,587			5,586			488,416			427,419
Total construction (excluding Construction - other)	608,349			545,740			30,840			39,697			36,175			45,652			675,364			631,089
	$	9,112,884		$	8,924,922		$	272,555		$	295,046		$	334,424		$	333,843		$	9,719,863		$	9,553,811
% of Total	93.8		%	93.4		%	2.8		%	3.1		%	3.4		%	3.5		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts. The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, lease receivables and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology for those loans, which bases the probability of default on this migration.

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - home equity	$	1,665,771		$	1,711,017		$	9,285		$	10,931		$	14,632		$	14,740		$	1,689,688		$	1,736,688
Real estate - residential mortgage	1,316,650			1,321,139			20,891			26,934			31,562			28,995			1,369,103			1,377,068
Construction - other	55,864			59,180			—			—			697			332			56,561			59,512
Consumer - direct	103,985			104,018			2,886			2,891			2,326			2,414			109,197			109,323
Consumer - indirect	161,201			153,358			1,839			2,574			257			176			163,297			156,108
Total consumer	265,186			257,376			4,725			5,465			2,583			2,590			272,494			265,431
Leasing and other and overdrafts	135,895			118,550			553			523			73			133			136,521			119,206
	$	3,439,366		$	3,467,262		$	35,454		$	43,853		$	49,547		$	46,790		$	3,524,367		$	3,557,905
% of Total	97.6		%	97.5		%	1.0		%	1.2		%	1.4		%	1.3		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

Non-Performing Assets

The following table presents non-performing assets:

	June 30, 2015		December 31, 2014
	(in thousands)
Non-accrual loans	$	129,152	$	121,080
Accruing loans 90 days or more past due	20,353		17,402
Total non-performing loans	149,505		138,482
Other real estate owned (OREO)	12,763		12,022
Total non-performing assets	$	162,268	$	150,504

Troubled Debt Restructurings on Financing Receivables

The following table presents TDRs, by class segment:

	June 30, 2015		December 31, 2014
	(in thousands)
Real-estate - residential mortgage	$	31,584	$	31,308
Real-estate - commercial mortgage	17,482		18,822
Commercial - secured	6,417		5,170
Construction - commercial residential	4,482		9,241
Real estate - home equity	3,299		2,975
Commercial - unsecured	174		67
Consumer - indirect	16		19
Consumer - direct	15		19
Total accruing TDRs	63,469		67,621
Non-accrual TDRs (1)	27,230		24,616
Total TDRs	$	90,699	$	92,237

(1) Included within non-accrual loans in the preceding table detailing non-performing assets

Loan Terms Modified Under Troubled Debt Restructurings

The following table presents TDRs, by class segment as of June 30, 2015 and 2014 that were modified during the three and six months ended June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	3	$	1,047	1	$	143	11	$	7,823	1	$	143
Real estate - home equity	15	739		10	334		25	1,231		20	863
Real estate - residential mortgage	4	456		9	1,130		8	1,066		15	1,836
Real estate - commercial mortgage	1	132		2	2,334		4	2,627		9	9,804
Construction - commercial residential	—	—		1	1,366		1	889		2	1,914
Commercial - unsecured	—	—		—	—		1	42		—	—
Consumer - indirect	—	—		1	6		1	13		4	7
Consumer - direct	—	—		2	4		—	—		6	8
Total	23	$	2,374	26	$	5,317	51	$	13,691	57	$	14,575

The following table presents TDRs, by class segment, as of June 30, 2015 and 2014 that were modified within the previous 12 months and had a post-modification payment default during the six months ended June 30, 2015 and 2014. The Corporation defines a payment default as a single missed payment.

	2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	8	$	4,779	1	$	10
Real estate - residential mortgage	6	652		9	1,204
Real estate - home equity	7	614		9	777
Real estate - commercial mortgage	2	191		2	35
Construction - commercial residential	—	—		1	619
Total	23	$	6,236	22	$	2,645

Past due Loan Status and Non-Accrual Loans by Portfolio Segment

The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	June 30, 2015
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	16,139	$	1,848	$	1,947	$	47,985	$	49,932	$	67,919	$	5,169,881	$	5,237,800
Commercial - secured	6,489		1,463		730		32,379		33,109		41,061		3,612,599		3,653,660
Commercial - unsecured	307		80		—		2,730		2,730		3,117		149,922		153,039
Total commercial - industrial, financial and agricultural	6,796		1,543		730		35,109		35,839		44,178		3,762,521		3,806,699
Real estate - home equity	7,161		2,124		4,653		9,979		14,632		23,917		1,665,771		1,689,688
Real estate - residential mortgage	16,835		4,056		9,951		21,611		31,562		52,453		1,316,650		1,369,103
Construction - commercial residential	151		—		—		11,689		11,689		11,840		175,108		186,948
Construction - commercial	—		—		—		2,498		2,498		2,498		485,918		488,416
Construction - other	—		—		416		281		697		697		55,864		56,561
Total real estate - construction	151		—		416		14,468		14,884		15,035		716,890		731,925
Consumer - direct	2,159		727		2,326		—		2,326		5,212		103,985		109,197
Consumer - indirect	1,719		120		257		—		257		2,096		161,201		163,297
Total consumer	3,878		847		2,583		—		2,583		7,308		265,186		272,494
Leasing and other and overdrafts	468		85		73		—		73		626		135,895		136,521
Total	$	51,428	$	10,503	$	20,353	$	129,152	$	149,505	$	211,436	$	13,032,794	$	13,244,230

	December 31, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	14,399	$	3,677	$	800	$	44,437	$	45,237	$	63,313	$	5,133,842	$	5,197,155
Commercial - secured	4,839		958		610		28,747		29,357		35,154		3,529,460		3,564,614
Commercial - unsecured	395		65		9		1,022		1,031		1,491		159,462		160,953
Total commercial - industrial, financial and agricultural	5,234		1,023		619		29,769		30,388		36,645		3,688,922		3,725,567
Real estate - home equity	8,048		2,883		4,257		10,483		14,740		25,671		1,711,017		1,736,688
Real estate - residential mortgage	18,789		8,145		8,952		20,043		28,995		55,929		1,321,139		1,377,068
Construction - commercial residential	160		—		—		13,463		13,463		13,623		190,047		203,670
Construction - commercial	—		—		—		2,604		2,604		2,604		424,815		427,419
Construction - other	—		—		51		281		332		332		59,180		59,512
Total real estate - construction	160		—		51		16,348		16,399		16,559		674,042		690,601
Consumer - direct	2,034		857		2,414		—		2,414		5,305		104,018		109,323
Consumer - indirect	2,156		418		176		—		176		2,750		153,358		156,108
Total consumer	4,190		1,275		2,590		—		2,590		8,055		257,376		265,431
Leasing and other and overdrafts	357		166		133		—		133		656		118,550		119,206
Total	$	51,177	$	17,169	$	17,402	$	121,080	$	138,482	$	206,828	$	12,904,888	$	13,111,716

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Loans and Allowance for Credit Losses Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 13,244,230	$ 13,111,716	$ 12,839,511
Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 9,719,863	$ 9,553,811
Percentage of total loans rated	100.00%	100.00%
Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,237,800	$ 5,197,155	5,128,734
Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,806,699	3,725,567	$ 3,601,721
Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,653,660	3,564,614
Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	153,039	160,953
Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	675,364	631,089
Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	186,948	203,670
Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	488,416	427,419
Pass [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 9,112,884	$ 8,924,922
Percentage of total loans rated	93.80%	93.40%
Pass [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 4,943,773	$ 4,899,016
Pass [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,560,762	3,480,166
Pass [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,419,331	3,333,486
Pass [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	141,431	146,680
Pass [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	608,349	545,740
Pass [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	138,834	136,109
Pass [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	469,515	409,631
Special Mention [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 272,555	$ 295,046
Percentage of total loans rated	2.80%	3.10%
Special Mention [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 114,385	$ 127,302
Special Mention [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	127,330	128,047
Special Mention [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	123,663	120,584
Special Mention [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,667	7,463
Special Mention [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	30,840	39,697
Special Mention [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	17,526	27,495
Special Mention [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	13,314	12,202
Substandard [Member] | Commercial Loans, Commerical Mortgages, Constructions Loans [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 334,424	$ 333,843
Percentage of total loans rated	3.40%	3.50%
Substandard [Member] | Real-estate commercial mortage [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 179,642	$ 170,837
Substandard [Member] | Commercial - industrial, financial, and agricultural [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	118,607	117,354
Substandard [Member] | Commercial - Secured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	110,666	110,544
Substandard [Member] | Commercial - Unsecured [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,941	6,810
Substandard [Member] | Construction, Excluding Contstruction Other [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	36,175	45,652
Substandard [Member] | Construction - Commercial Residential [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	30,588	40,066
Substandard [Member] | Construction - Commercial [Member]
Internal risk ratings for loans by segment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,587	$ 5,586

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Investment Securities Summary of Gains and Losses from Equity and Debt Securities, and Losses from Other-than-Temporary Impairment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	$ 2,415	$ 1,124	$ 6,560	$ 1,447
Gross Realized Losses	0	0	0	(323)
Other-than- temporary Impairment Losses	0	12	0	12
Net Gains (Losses)	2,415	1,112	6,560	1,112
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	2,290	0	4,260	1
Gross Realized Losses	0	0	0	0
Other-than- temporary Impairment Losses	0	12	0	12
Net Gains (Losses)	2,290	(12)	4,260	(11)
Debt Securities [Member]
Gain (Loss) on Investments [Line Items]
Gross Realized Gains	125	1,124	2,300	1,446
Gross Realized Losses	0	0	0	(323)
Other-than- temporary Impairment Losses	0	0	0	0
Net Gains (Losses)	$ 125	$ 1,124	$ 2,300	$ 1,123

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Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Compensation Expense and Related Tax Benefits

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Stock-based compensation expense	$	1,767		$	1,989		$	2,838		$	3,022
Tax benefit	(622		)	(446		)	(914		)	(709		)
Stock-based compensation expense, net of tax	$	1,145		$	1,543		$	1,924		$	2,313

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Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

The net periodic benefit cost for the Corporation’s Pension Plan consisted of the following components:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	145		$	92		$	290		$	184
Interest cost	851			853			1,702			1,706
Expected return on plan assets	(752		)	(810		)	(1,504		)	(1,621		)
Net amortization and deferral	782			244			1,564			488
Net periodic benefit cost	$	1,026		$	379		$	2,052		$	757

(1) The Pension Plan service cost recorded for the six months ended June 30, 2015 and 2014 was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The net periodic cost (benefit) of the Corporation’s Postretirement Plan consisted of the following components, excluding the $1.5 million plan amendment gain in 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	—		$	—		$	—		$	15
Interest cost	52			48			104			109
Net accretion and deferral	(65		)	(84		)	(130		)	(179		)
Net periodic benefit	$	(13	)	$	(36	)	$	(26	)	$	(55	)

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014.

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 76,716	$ 81,379
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	(1,500)	6,000
Depreciation and amortization of premises and equipment	13,920	12,354
Net amortization of investment securities premiums	3,288	2,908
Net gains on sales of investment securities	(6,560)	(1,112)
Net increase in loans held for sale	(16,458)	(14,728)
Amortization of intangible assets	236	630
Stock-based compensation	2,838	3,022
Excess tax benefits from stock-based compensation	(63)	(52)
Decrease in accrued interest receivable	625	1,921
Decrease (increase) in other assets	9,818	(3,039)
(Decrease) increase in accrued interest payable	(2,873)	1,429
(Decrease) increase in other liabilities	(2,959)	3,646
Total adjustments	312	12,979
Net cash provided by operating activities	77,028	94,358
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale	18,815	15,189
Proceeds from maturities of securities available for sale	205,620	174,619
Purchase of securities available for sale	(346,322)	(60,952)
Decrease (increase) in short-term investments	35,759	(57,357)
Net increase in loans	(147,492)	(74,766)
Net purchases of premises and equipment	(14,687)	(11,501)
Net cash used in investing activities	(248,307)	(14,768)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand and savings deposits	205,901	104,390
Net (decrease) increase in time deposits	(67,698)	98,083
Increase (decrease) in short-term borrowings	79,316	(250,322)
Additions to long-term debt	148,099	90,000
Repayments of long-term debt	(154,871)	(5,189)
Net proceeds from issuance of common stock	4,632	4,018
Excess tax benefits from stock-based compensation	63	52
Dividends paid	(30,397)	(30,521)
Acquisition of treasury stock	(19,013)	(49,804)
Net cash provided by (used in) financing activities	166,032	(39,293)
Net (Decrease) Increase in Cash and Due From Banks	(5,247)	40,297
Cash and Due From Banks at Beginning of Period	105,702	218,540
Cash and Due From Banks at End of Period	100,455	258,837
Cash paid during the period for:
Interest	46,373	37,802
Income taxes	$ 11,051	$ 16,407

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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Values of Derivative Financial Instruments

The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	June 30, 2015					December 31, 2014
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	126,063	$	1,268		$	89,655	$	1,391
Negative fair values	2,240		(48		)	301		(6		)
Net interest rate locks with customers			1,220					1,385
Forward Commitments
Positive fair values	111,387		1,705			—		—
Negative fair values	27,107		(24		)	93,802		(1,164		)
Net forward commitments			1,681					(1,164		)
Interest Rate Swaps with Customers
Positive fair values	558,750		19,317			468,080		19,716
Negative fair values	46,937		(234		)	25,418		(198		)
Net interest rate swaps with customers			19,083					19,518
Interest Rate Swaps with Dealer Counterparties
Positive fair values	46,937		234			25,418		198
Negative fair values	558,750		(19,317		)	468,080		(19,716		)
Net interest rate swaps with dealer counterparties			(19,083		)			(19,518		)
Foreign Exchange Contracts with Customers
Positive fair values	8,200		572			11,616		810
Negative fair values	7,128		(384		)	5,250		(441		)
Net foreign exchange contracts with customers			188					369
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	9,296		629			5,287		446
Negative fair values	9,824		(672		)	13,572		(876		)
Net foreign exchange contracts with correspondent banks			(43		)			(430		)
Net derivative fair value asset			$	3,046				$	160

Summary of Fair Value Gains and Losses on Derivative Financial Instruments

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Interest rate locks with customers	$	(1,287	)	$	1,203		$	(165	)	$	1,592
Forward commitments	2,291			(1,503		)	2,845			(3,001		)
Interest rate swaps with customers	(9,839		)	6,135			(435		)	10,340
Interest rate swaps with dealer counterparties	9,839			(6,135		)	435			(10,340		)
Foreign exchange contracts with customers	(748		)	105			(181		)	297
Foreign exchange contracts with correspondent banks	711			(98		)	387			(366		)
Net fair value gains (losses) on derivative financial instruments	$	967		$	(293	)	$	2,886		$	(1,478	)

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Accumulated Other Comprehensive Income Changes in Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Equity [Abstract]
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax	$ (18,474)	$ 19,984	$ (3,103)	$ 41,419
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	6,466	(6,994)	1,087	(14,496)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	(12,008)	12,990	(2,016)	26,923
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, before Tax	(2,413)	(1,112)	(6,558)	(1,112)
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Tax	844	389	2,294	389
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax	(1,569)	(723)	(4,264)	(723)
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest		497	192	788
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent		(174)	(67)	(276)
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	0	323	125	512
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	52	52	104	105
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	(18)	(18)	(36)	(37)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	34	34	68	68
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Recognized in Net Periodic Benefit Cost, before Tax	717	160	1,434	309
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Pension Cost, Tax Effect	(251)	(56)	(502)	(109)
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Pension Cost, Net of Tax	466	104	932	200
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax				(1,452)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), Tax				508
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Net of Tax	0	0	0	(944)
Other comprehensive income, pension and other postretirement benefit plans, net unamortized gain (loss) arising during period, before tax				3,291
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax				(1,147)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax	0	0	0	2,144
Other Comprehensive Income (Loss), before Tax	(20,118)	19,581	(7,931)	43,348
Other Comprehensive Income (Loss), Tax	7,041	(6,853)	2,776	(15,168)
Other Comprehensive Income (Loss)	$ (13,077)	$ 12,728	$ (5,155)	$ 28,180

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Loans and Allowance for Credit Losses Present Loans, Net of Unearned Income and Their Related Allowance for Loan Losses, by Portfolio Segment (Details) - USD ($) $ in Thousands		Jun. 30, 2015		Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014		Mar. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		$ 119,922				$ 127,460
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		47,563				64,225
Allowance for loan losses		167,485		$ 177,701	$ 184,144	191,685		$ 197,089	$ 202,780
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		13,051,609				12,640,643
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		192,621				198,868
Loans, net of unearned income		$ 13,244,230			13,111,716	$ 12,839,511
Percentage of unallocated allowance		6.00%				6.00%
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		$ 37,228				$ 33,388
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		13,452				16,454
Allowance for loan losses		50,680		52,860	53,493	49,842		53,757	55,659
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		5,172,333				5,067,400
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		65,467				61,334
Loans, net of unearned income		5,237,800			5,197,155	5,128,734
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		38,090				36,603
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		11,080				12,481
Allowance for loan losses		49,170		57,150	51,378	49,084		50,563	50,330
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		3,764,999				3,558,788
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		41,700				42,933
Loans, net of unearned income		3,806,699			3,725,567	3,601,721
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		15,838				22,234
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		6,668				9,807
Allowance for loan losses		22,506		23,481	28,271	32,041		32,460	28,222
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		1,676,410				1,715,953
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		13,278				14,544
Loans, net of unearned income		1,689,688			1,736,688	1,730,497
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		8,763				11,450
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		14,024				21,294
Allowance for loan losses		22,787		23,235	29,072	32,744		33,329	33,082
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		1,315,908				1,309,739
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		53,195				52,237
Loans, net of unearned income		1,369,103			1,377,068	1,361,976
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		5,430				7,163
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		2,319				4,168
Allowance for loan losses		7,749		8,487	9,756	11,331		9,842	12,649
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		712,975				606,221
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		18,950				27,797
Loans, net of unearned income		731,925			690,601	634,018
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		2,588				3,285
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		20				21
Allowance for loan losses		2,608		2,527	3,015	3,306		3,324	3,260
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		272,463				280,534
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		31				23
Loans, net of unearned income		272,494			265,431	280,557
Leasing and other and overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20		1,615				1,851
Allowance for loan losses evaluated for impairment under FASB ASC Section 310-10-35		0				0
Allowance for loan losses		1,615		1,653	1,799	1,851		2,011	3,370
Loans, net of unearned income, measured for impairment under FASB ASC Subtopic 450-20		136,521				102,008
Loans, net of unearned income, evaluated for impairment under FASB ASC Subtopic 310-10-35		0				0
Loans, net of unearned income		136,521			119,206	102,008
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses measured for impairment under FASB ASC Subtopic 450-20	[1]	10,370				11,486
Allowance for loan losses		$ 10,370	[1]	$ 8,308	$ 7,360	$ 11,486	[1]	$ 11,803	$ 16,208

[1] The unallocated allowance, which was approximately 6% of the total allowance for credit losses as of both June 30, 2015 and June 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

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Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	$ 2,440,492	$ 2,323,371
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	33,980	17,522
Available-for-sale Securities, Fair Value Disclosure	2,440,492	2,323,371
Other Assets, Fair Value Disclosure	40,526	38,987
Assets, Fair Value Disclosure	2,514,998	2,379,880
Liabilities, Fair Value Disclosure	37,470	38,821
Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	33,041	47,623
Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	33,041	47,623
U.S. Government Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure		200
U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure		200
U.S. Government-Sponsored Agency Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	48,260	214
U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	48,260	214
State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	236,517	245,215
State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	236,517	245,215
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	97,172	98,034
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	97,172	98,034
Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	918,232	902,313
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	918,232	902,313
Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	1,008,664	928,831
Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	1,008,664	928,831
Auction Rate Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	98,606	100,941
Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	98,606	100,941
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	0	0
Available-for-sale Securities, Fair Value Disclosure	33,041	47,623
Other Assets, Fair Value Disclosure	18,002	17,682
Assets, Fair Value Disclosure	51,043	65,305
Liabilities, Fair Value Disclosure	17,848	17,737
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	33,041	47,623
Fair Value, Inputs, Level 1 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure		0
Fair Value, Inputs, Level 1 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	33,980	17,522
Available-for-sale Securities, Fair Value Disclosure	2,304,495	2,166,899
Other Assets, Fair Value Disclosure	22,524	21,305
Assets, Fair Value Disclosure	2,360,999	2,205,726
Liabilities, Fair Value Disclosure	19,622	21,084
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure		200
Fair Value, Inputs, Level 2 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	48,260	214
Fair Value, Inputs, Level 2 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	236,517	245,215
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	92,822	90,126
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	918,232	902,313
Fair Value, Inputs, Level 2 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	1,008,664	928,831
Fair Value, Inputs, Level 2 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgages Held-for-sale, Fair Value Disclosure	0	0
Available-for-sale Securities, Fair Value Disclosure	102,956	108,849
Other Assets, Fair Value Disclosure	0	0
Assets, Fair Value Disclosure	102,956	108,849
Liabilities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | U.S. Government Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure		0
Fair Value, Inputs, Level 3 [Member] | U.S. Government-Sponsored Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | State and Municipal Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	4,350	7,908
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Auction Rate Securities [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Fair Value Disclosure	$ 98,606	$ 100,941

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Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 100,455	$ 105,702
Interest-bearing deposits with other banks	322,218	358,130
Federal Reserve Bank and Federal Home Loan Bank stock	65,106	64,953
Loans held for sale	33,980	17,522
Available for sale investment securities	2,440,492	2,323,371
Loans, net of unearned income	13,244,230	13,111,716
Less: Allowance for loan losses	(167,485)	(184,144)
Net Loans	13,076,745	12,927,572
Premises and equipment	226,794	226,027
Accrued interest receivable	41,193	41,818
Goodwill and intangible assets	531,567	531,803
Other assets	526,923	527,869
Total Assets	17,365,473	17,124,767
LIABILITIES
Noninterest-bearing	3,805,165	3,640,623
Interest-bearing	9,700,544	9,726,883
Total Deposits	13,505,709	13,367,506
Short-term borrowings:
Federal funds purchased	5,058	6,219
Other short-term borrowings	403,977	323,500
Total Short-Term Borrowings	409,035	329,719
Accrued interest payable	15,172	18,045
Other liabilities	278,099	273,419
Federal Home Loan Bank advances and long-term debt	1,132,641	1,139,413
Total Liabilities	15,340,656	15,128,102
SHAREHOLDERS’ EQUITY
Common stock, $2.50 par value, 600 million shares authorized, 218.5 million shares issued in 2015 and 218.2 million shares issued in 2014	546,219	545,555
Additional paid-in capital	1,445,315	1,420,523
Retained earnings	603,597	558,810
Accumulated other comprehensive loss	(22,877)	(17,722)
Treasury stock, at cost, 42.5 million shares in 2015 and 39.3 million shares in 2014	(547,437)	(510,501)
Total Shareholders’ Equity	2,024,817	1,996,665
Total Liabilities and Shareholders’ Equity	$ 17,365,473	$ 17,124,767

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Investment Securities Summary of Cumulative Other-than-Temporary Impairment Charges Recognized as Components of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Balance of cumulative credit losses on debt securities, beginning of period	$ (12,302)	$ (19,961)	$ (16,242)	$ (20,691)
Reductions for securities sold during the period	792	2,746	4,730	3,472
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	0	1	2	5
Balance of cumulative credit losses on debt securities, end of period	$ (11,510)	$ (17,214)	$ (11,510)	$ (17,214)

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Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Share Repurchase Program [Member]	Accelerated Stock Repurchase Program [Member]	Common Stock [Member]	Common Stock [Member] Share Repurchase Program [Member]	Common Stock [Member] Accelerated Stock Repurchase Program [Member]	Additional Paid-In Capital [Member]	Additional Paid-In Capital [Member] Accelerated Stock Repurchase Program [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]	Treasury Stock [Member] Share Repurchase Program [Member]	Treasury Stock [Member] Accelerated Stock Repurchase Program [Member]
Beginning Balance at Dec. 31, 2013	$ 2,063,187			$ 544,568			$ 1,432,974		$ 463,843	$ (37,341)	$ (340,857)
Beginning Balance (in shares) at Dec. 31, 2013				192,652
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	81,379								81,379
Other comprehensive loss	28,180									28,180
Stock issued, including related tax benefits	4,070			$ 498			763				2,809
Stock issued, including related tax benefits (in shares)				381
Stock-based compensation awards	3,022						3,022
Acquisition of treasury stock (in shares)				(4,000)
Acquisition of treasury stock	(49,804)										(49,804)
Common stock cash dividends	(30,234)								(30,234)
Ending Balance at Jun. 30, 2014	2,099,800			$ 545,066			1,436,759		514,988	(9,161)	(387,852)
Ending Balance (in shares) at Jun. 30, 2014				189,033
Beginning Balance at Dec. 31, 2014	1,996,665			$ 545,555			1,420,523		558,810	(17,722)	(510,501)
Beginning Balance (in shares) at Dec. 31, 2014				178,924
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	76,716								76,716
Other comprehensive loss	(5,155)									(5,155)
Stock issued, including related tax benefits	4,695			$ 664			1,954				2,077
Stock issued, including related tax benefits (in shares)				423
Stock-based compensation awards	$ 2,838						2,838
Acquisition of treasury stock (in shares)	(1,500)				(1,538)	(1,790)
Acquisition of treasury stock		$ (19,013)	$ 0					$ 20,000				$ (19,013)	$ (20,000)
Common stock cash dividends	$ (31,929)								(31,929)
Ending Balance at Jun. 30, 2015	$ 2,024,817			$ 546,219			$ 1,445,315		$ 603,597	$ (22,877)	$ (547,437)
Ending Balance (in shares) at Jun. 30, 2015				176,019

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Loans and Allowance for Credit Losses Loans Modified Under Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Modifications [Line Items]
Accruing TDRs	$ 63,469	$ 67,621
Non-accrual TDRs	27,230	24,616	[1]
Total TDRs	90,699	92,237
Real-estate - residential mortgage [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	31,584	31,308
Real-estate commercial mortage [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	17,482	18,822
Construction - Commercial Residential [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	4,482	9,241
Commercial - Secured [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	6,417	5,170
Home Equity [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	3,299	2,975
Commercial - unsecured [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	174	67
Consumer - direct [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	15	19
Consumer Other Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
Accruing TDRs	$ 16	$ 19

[1] Included within non-accrual loans in the preceding table detailing non-performing assets.

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Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Summary of Outstanding Commitments to Extend Credit and Letters of Credit

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	June 30, 2015		December 31, 2014
	(in thousands)
Commitments to extend credit	$	5,071,983	$	4,389,064
Standby letters of credit	387,996		382,465
Commercial letters of credit	35,769		32,304

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Stock-Based Compensation Narrative (Details) - Jun. 30, 2015 - shares	Total	Total
Statement [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Options Expiration Term		10 years
Directors' Plan [Member]
Statement [Line Items]
Shares reserved for future grants under the stock option and compensation plan	396,000	396,000
Employee Stock Option [Member]
Statement [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 1		3 years
Shares reserved for future grants under the stock option and compensation plan	11,600,000	11,600,000
Performance Shares [Member]
Statement [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	403,000
Restricted Stock Units (RSUs) [Member]
Statement [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	139,500

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Common Stock Repurchase Plans

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Common Stock Repurchase Plan

In November 2014, the Corporation entered into an accelerated share repurchase agreement ("ASR") with a third party to repurchase $100.0 million of shares of its common stock. Under the terms of the ASR, the Corporation paid $100.0 million to the third party in November 2014 and received an initial delivery of 6.5 million shares, representing 80% of the shares expected to be delivered under the ASR, based on the closing price for the Corporation’s shares on November 13, 2014. In April 2015, the third party delivered an additional 1.8 million shares of common stock pursuant to the terms of the ASR, thereby completing the $100.0 million ASR. The Corporation repurchased a total of 8.3 million shares of common stock under the ASR at an average price of $12.05 per share.

In April 2015, the Corporation announced that its board of directors had approved a share repurchase program pursuant to which the Corporation is authorized to repurchase up to$50.0 millionof its outstanding shares of common stock, or approximately2.3%of its outstanding shares, through December 31, 2015.Repurchased shares may be added to treasury stock, at cost, and will be used for general corporate purposes. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in open market or privately negotiated transactions, including, without limitation, through accelerated share repurchase transactions. The share repurchase program may be discontinued at any time. Through June 30, 2015, 1.5 million shares had been repurchased under this program for a total cost of $19.0 million, or $12.36 per share.

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	33,980	$	—	$	33,980
Available for sale investment securities:
Equity securities	33,041		—		—		33,041
U.S. Government sponsored agency securities	—		48,260		—		48,260
State and municipal securities	—		236,517		—		236,517
Corporate debt securities	—		92,822		4,350		97,172
Collateralized mortgage obligations	—		918,232		—		918,232
Mortgage-backed securities	—		1,008,664		—		1,008,664
Auction rate securities	—		—		98,606		98,606
Total available for sale investments	33,041		2,304,495		102,956		2,440,492
Other assets	18,002		22,524		—		40,526
Total assets	$	51,043	$	2,360,999	$	102,956	$	2,514,998
Other liabilities	$	17,848	$	19,622	$	—	$	37,470

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	17,522	$	—	$	17,522
Available for sale investment securities:
Equity securities	47,623		—		—		47,623
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		214		—		214
State and municipal securities	—		245,215		—		245,215
Corporate debt securities	—		90,126		7,908		98,034
Collateralized mortgage obligations	—		902,313		—		902,313
Mortgage-backed securities	—		928,831		—		928,831
Auction rate securities	—		—		100,941		100,941
Total available for sale investments	47,623		2,166,899		108,849		2,323,371
Other assets	17,682		21,305		—		38,987
Total assets	$	65,305	$	2,205,726	$	108,849	$	2,379,880
Other liabilities	$	17,737	$	21,084	$	—	$	38,821

Schedule of Changes in Assets and Liabilities Measured at Fair Value on a Recurring Basis using Level 3 Inputs

The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at March 31, 2015	$	1,084		$	3,820		$	98,932
Sales	(554		)	—			—
Unrealized adjustment to fair value (1)	—			(2		)	(420		)
Discount accretion (2)	—			2			94
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Three months ended June 30, 2014
Balance at March 31, 2014	$	5,659		$	3,820		$	147,713
Sales	(1,394		)	—			—
Unrealized adjustment to fair value (1)	38			(2		)	124
Settlements - calls	(28		)	—			(1,081		)
Discount accretion (2)	—			2			175
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931
	Six months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at December 31, 2014	$	4,088		$	3,820		$	100,941
Sales	(3,633		)	—			—
Unrealized adjustment to fair value (2)	190			(4		)	(88		)
Settlements - calls	(117		)	—			(2,446		)
Discount accretion (3)	2			4			199
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Six months ended June 30, 2014
Balance at December 31, 2013	$	5,306		$	3,781		$	159,274
Sales	(1,394		)	—			(11,912		)
Unrealized adjustment to fair value (2)	559			36			248
Settlements - calls	(200		)	—			(1,081		)
Discount accretion (3)	4			3			402
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931

(1) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(2) Included as a component of net interest income on the consolidated statements of income.

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis

The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	145,058	$	145,058
Other financial assets	—		—		54,361		54,361
Total assets	$	—	$	—	$	199,419	$	199,419

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	127,834	$	127,834
Other financial assets	—		—		54,170		54,170
Total assets	$	—	$	—	$	182,004	$	182,004

Details of Book Value and Fair Value of Financial Instruments

As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of June 30, 2015 and December 31, 2014. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	June 30, 2015				December 31, 2014
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	100,455	$	100,455	$	105,702	$	105,702
Interest-bearing deposits with other banks	322,218		322,218		358,130		358,130
Federal Reserve Bank and Federal Home Loan Bank stock	65,106		65,106		64,953		64,953
Loans held for sale (1)	33,980		33,980		17,522		17,522
Available for sale investment securities (1)	2,440,492		2,440,492		2,323,371		2,323,371
Loans, net of unearned income (1)	13,244,230		13,129,521		13,111,716		13,030,543
Accrued interest receivable	41,193		41,193		41,818		41,818
Other financial assets (1)	157,792		157,792		169,764		169,764
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,501,956	$	10,501,956	$	10,296,055	$	10,296,055
Time deposits	3,003,753		2,999,352		3,071,451		3,069,883
Short-term borrowings	409,035		409,035		329,719		329,719
Accrued interest payable	15,172		15,172		18,045		18,045
Other financial liabilities (1)	175,220		175,220		172,786		172,786
Federal Home Loan Bank advances and long-term debt	1,132,641		1,152,810		1,139,413		1,142,980

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

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Basis of Presentation Basis of Presentation (Policies)

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

New Accounting Pronouncements, Policy

Recent Accounting Standards

Effective January 1, 2015, the Corporation adopted the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Update 2014-01, "Accounting for Investments in Qualified Affordable Housing Projects." ASC Update 2014-01 provides guidance on accounting for investments made by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low income housing tax credit. The Corporation has made certain investments in partnerships that generate tax credits under various federal programs which promote investment in low and moderate income housing and local economic development. The net income tax benefit associated with these investments, which consists of the amortization of the investments net of tax benefits, and the income tax credits earned on the investments recorded in income taxes on the consolidated income statements was $2.4 million and $2.8 million for the three months ended June 30, 2015 and 2014, respectively and $4.8 million and $5.3 million for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015 and December 31, 2014, the Corporation’s tax credit investments, included in other assets on the consolidated balance sheets, totaled $156.8 million and $155.6 million, respectively. The adoption of this ASC update did not have a material impact on the Corporation's consolidated financial statements for the three or six months ended June 30, 2015 or 2014.

In February 2015, the FASB issued ASC Update 2015-02, "Consolidation: Amendments to the Consolidation Analysis." ASC Update 2015-02 changes the way reporting enterprises evaluate whether: (a) they should consolidate limited partnerships and similar entities, (b) fees paid to a decision maker or service provider are variable interests in a variable interest entity ("VIE"), and (c) variable interests in a VIE held by related parties of the reporting enterprise require the reporting enterprise to consolidate the VIE.ASC Update 2015-02 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q, and does not expect the adoption of ASC Update 2015-02 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-03, "Interest - Imputation of Interest." ASC Update 2015-03 simplifies the presentation of debt issuances costs. Debt issuance costs related to a recognized debt liability will be presented on the balance sheet as a direct deduction from the debt liability, similar to the presentation of debt discounts. Under current U.S. GAAP, debt issuance costs are reported on the balance sheet as assets. The costs will continue to be amortized to interest expense using the effective interest method. ASC Update 2015-03 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-03 to have a material impact on its consolidated financial statements.

In April 2015, the FASB issued ASC Update 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement." ASC Update 2015-05 provides explicit guidance to determine when a customer's fees paid in a cloud computing arrangement is for the acquisition of software licenses, services, or both. ASC Update 2015-05 is effective for public business entities' annual and interim reporting periods beginning after December 15, 2015, with earlier adoption permitted.The Corporation intends to adopt this standards update effective with its March 31, 2016 quarterly report on Form 10-Q and does not expect the adoption of ASC Update 2015-05 to have a material impact on its consolidated financial statements.

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Derivative Financial Instruments Fair Value Gains and Losses on Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Mortgage Banking Income [Member] | Interest rate lock with customers [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	$ (1,287)	$ 1,203	$ (165)	$ 1,592
Mortgage Banking Income [Member] | Forward Commitments [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	2,291	(1,503)	2,845	(3,001)
Other Income [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	967	(293)	2,886	(1,478)
Other Income [Member] | Interest Rate Swap with Customer [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	(9,839)	6,135	(435)	10,340
Other Income [Member] | Interest Rate Swap with Counterparty [Member]
Derivative [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	9,839	(6,135)	435	(10,340)
Other Income [Member] | Foreign Exchange Contracts With Customer [Member]
Derivative [Line Items]
Gain (Loss) on Foreign Currency Derivatives Recorded in Earnings, Net	(748)	105	(181)	297
Other Income [Member] | Foreign Exchange Contracts With Correspondent Banks [Member]
Derivative [Line Items]
Gain (Loss) on Foreign Currency Derivatives Recorded in Earnings, Net	$ 711	$ (98)	$ 387	$ (366)

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Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividends per share	$ 0.09	$ 0.08	$ 0.18	$ 0.16

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Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value	$ 2.5	$ 2.5
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	218,500,000	218,200,000
Treasury stock, shares	42,500,000	39,300,000

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Derivative Financial Instruments

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivative Financial Instruments

The Corporation manages its exposure to certain interest rate and foreign currency risks through the use of derivatives. None of the Corporation's outstanding derivative contracts are designated as hedges and none are entered into for speculative purposes. Derivative instruments are carried at fair value, with changes in fair values recognized in earnings as components of non-interest income and non-interest expense on the consolidated statements of income.

Derivative contracts create counterparty credit risk with both the Corporation's customers and with institutional derivative counterparties. The Corporation manages counterparty credit risk through its credit approval processes, monitoring procedures and obtaining adequate collateral, when the Corporation determines it is appropriate to do so and in accordance with counterparty contracts.

Mortgage Banking Derivatives

In connection with its mortgage banking activities, the Corporation enters into commitments to originate certain fixed rate residential mortgage loans for customers, also referred to as interest rate locks. In addition, the Corporation enters into forward commitments for the future sales or purchases of mortgage-backed securities to or from third-party counterparties to hedge the effect of changes in interest rates on the values of both the interest rate locks and mortgage loans held for sale. Forward sales commitments may also be in the form of commitments to sell individual mortgage loans at a fixed price at a future date. The amount necessary to settle each interest rate lock is based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within mortgage banking income on the consolidated statements of income.

Interest Rate Swaps

The Corporation enters into interest rate swaps with certain qualifying commercial loan customers to meet their interest rate risk management needs. The Corporation simultaneously enters into interest rate swaps with dealer counterparties, with identical notional amounts and terms. The net result of these interest rate swaps is that the customer pays a fixed rate of interest and the Corporation receives a floating rate. These interest rate swaps are derivative financial instruments that are recorded at their fair value within other assets and other liabilities on the consolidated balance sheets. Changes in fair value during the period are recorded within other non-interest expense on the consolidated statements of income.

Foreign Exchange Contracts

The Corporation enters into foreign exchange contracts to accommodate the needs of its customers. Foreign exchange contracts are commitments to buy or sell foreign currency on a future date at a contractual price. The Corporation offsets its foreign exchange contract exposure with customers by entering into contracts with third-party correspondent financial institutions to mitigate its exposure to fluctuations in foreign currency exchange rates. The Corporation also holds certain amounts of foreign currency with international correspondent banks. The Corporation's policy limits the total net foreign currency open positions, which includes all outstanding contracts and foreign account balances, to $500,000. Gross derivative assets and liabilities are recorded within other assets and other liabilities, respectively, on the consolidated balance sheets, with changes in fair values during the period recorded within other service charges and fees on the consolidated statements of income.

The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	June 30, 2015					December 31, 2014
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	126,063	$	1,268		$	89,655	$	1,391
Negative fair values	2,240		(48		)	301		(6		)
Net interest rate locks with customers			1,220					1,385
Forward Commitments
Positive fair values	111,387		1,705			—		—
Negative fair values	27,107		(24		)	93,802		(1,164		)
Net forward commitments			1,681					(1,164		)
Interest Rate Swaps with Customers
Positive fair values	558,750		19,317			468,080		19,716
Negative fair values	46,937		(234		)	25,418		(198		)
Net interest rate swaps with customers			19,083					19,518
Interest Rate Swaps with Dealer Counterparties
Positive fair values	46,937		234			25,418		198
Negative fair values	558,750		(19,317		)	468,080		(19,716		)
Net interest rate swaps with dealer counterparties			(19,083		)			(19,518		)
Foreign Exchange Contracts with Customers
Positive fair values	8,200		572			11,616		810
Negative fair values	7,128		(384		)	5,250		(441		)
Net foreign exchange contracts with customers			188					369
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	9,296		629			5,287		446
Negative fair values	9,824		(672		)	13,572		(876		)
Net foreign exchange contracts with correspondent banks			(43		)			(430		)
Net derivative fair value asset			$	3,046				$	160

The following table presents a summary of the fair value gains and losses on derivative financial instruments:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Interest rate locks with customers	$	(1,287	)	$	1,203		$	(165	)	$	1,592
Forward commitments	2,291			(1,503		)	2,845			(3,001		)
Interest rate swaps with customers	(9,839		)	6,135			(435		)	10,340
Interest rate swaps with dealer counterparties	9,839			(6,135		)	435			(10,340		)
Foreign exchange contracts with customers	(748		)	105			(181		)	297
Foreign exchange contracts with correspondent banks	711			(98		)	387			(366		)
Net fair value gains (losses) on derivative financial instruments	$	967		$	(293	)	$	2,886		$	(1,478	)

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Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information
Entity Registrant Name	FULTON FINANCIAL CORP
Entity Central Index Key	0000700564
Trading Symbol	fult
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		174,944,000

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Fair Value Option

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value Option

Fair Value Option

U.S. GAAP permits entities to measure many financial instruments and certain other items at fair value and requires certain disclosures for amounts for which the fair value option is applied. The Corporation has elected to measure mortgage loans held for sale at fair value to more accurately reflect the financial results of its mortgage banking activities in its consolidated financial statements. Derivative financial instruments related to these activities are also recorded at fair value, as noted within Note 9, "Derivative Financial Instruments." The Corporation determines fair value for its mortgage loans held for sale based on the price that secondary market investors would pay for loans with similar characteristics, including interest rate and term, as of the date fair value is measured. Changes in fair values during the period are recorded as components of mortgage banking income on the consolidated statements of income. Interest income earned on mortgage loans held for sale is classified within interest income on the consolidated statements of income.

The following table presents a summary of the Corporation’s mortgage loans held for sale:

	June 30, 2015		December 31, 2014
	(in thousands)
Cost	$	33,760	$	17,080
Fair value	33,980		17,522

During the three and six months ended June 30, 2015, the Corporation recorded losses related to changes in fair values of mortgage loans held for sale of $483,000 and $222,000, respectively. During the three and six months ended June 30, 2014, the Corporation recorded gains related to changes in fair values of mortgage loans held for sale of $518,000 and $815,000, respectively.

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Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME
Loans, including fees	$ 129,910	$ 131,440	$ 259,687	$ 263,270
Investment securities:
Taxable	10,944	12,418	22,226	25,684
Tax-exempt	1,881	2,298	3,968	4,646
Dividends	296	325	644	657
Loans held for sale	265	214	438	348
Other interest income	933	1,207	3,038	2,089
Total Interest Income	144,229	147,902	290,001	296,694
INTEREST EXPENSE
Deposits	10,053	8,685	19,876	16,581
Short-term borrowings	103	540	180	1,173
Long-term debt	11,153	10,779	23,444	21,477
Total Interest Expense	21,309	20,004	43,500	39,231
Net Interest Income	122,920	127,898	246,501	257,463
Provision for credit losses	2,200	3,500	(1,500)	6,000
Net Interest Income After Provision for Credit Losses	120,720	124,398	248,001	251,463
NON-INTEREST INCOME
Service charges on deposit accounts	12,637	12,552	24,206	24,263
Investment management and trust services	11,011	11,339	21,900	22,297
Other service charges and fees	10,988	10,526	20,351	19,453
Mortgage banking income	5,339	5,741	10,027	9,346
Investment securities gains, net:
Net gains on sales of investment securities	2,415	1,124	6,560	1,124
Other-than-temporary impairment losses	0	12	0	12
Investment securities gains, net	2,415	1,112	6,560	1,112
Other	4,099	3,602	8,182	6,907
Total Non-Interest Income	46,489	44,872	91,226	83,378
NON-INTEREST EXPENSE
Salaries and employee benefits	65,067	63,623	130,057	123,189
Net occupancy expense	11,809	11,464	25,501	25,067
Other outside services	8,125	7,240	13,875	11,052
Data processing	4,894	4,331	9,662	8,127
Software	3,376	3,209	6,694	6,134
Equipment expense	3,335	3,360	7,293	6,962
Marketing	2,885	2,615	5,707	5,304
Supplies and postage	2,731	3,559	5,602	6,463
Telecommunications	2,726	2,451	5,095	4,777
Marketing	2,235	2,337	3,468	3,921
Telecommunications	1,617	1,787	3,333	3,606
Operating risk loss	674	716	1,501	2,544
Other real estate owned and repossession expense	129	748	1,491	1,731
Intangible amortization	106	315	236	630
Other	8,645	8,419	17,317	16,221
Total Non-Interest Expense	118,354	116,174	236,832	225,728
Income Before Income Taxes	48,855	53,096	102,395	109,113
Income taxes	12,175	13,500	25,679	27,734
Net Income	$ 36,680	$ 39,596	$ 76,716	$ 81,379
PER SHARE:
Net Income (Basic) (in dollars per share)	$ 0.21	$ 0.21	$ 0.43	$ 0.43
Net Income (Diluted) (in dollars per share)	0.21	0.21	0.43	0.43
Cash Dividends (in dollars per share)	$ 0.09	$ 0.08	$ 0.18	$ 0.16

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Investment Securities

6 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Investment Securities

Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
June 30, 2015
Equity securities	$	23,981	$	9,072	$	(12	)	$	33,041
U.S. Government sponsored agency securities	48,333		57		(130		)	48,260
State and municipal securities	231,592		5,312		(387		)	236,517
Corporate debt securities	98,756		3,183		(4,767		)	97,172
Collateralized mortgage obligations	931,093		4,932		(17,793		)	918,232
Mortgage-backed securities	998,418		14,112		(3,866		)	1,008,664
Auction rate securities	106,504		—		(7,898		)	98,606
	$	2,438,677	$	36,668	$	(34,853	)	$	2,440,492

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2014
Equity securities	$	33,469	$	14,167	$	(13	)	$	47,623
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	209		5		—			214
State and municipal securities	238,250		7,231		(266		)	245,215
Corporate debt securities	99,016		5,126		(6,108		)	98,034
Collateralized mortgage obligations	917,395		5,705		(20,787		)	902,313
Mortgage-backed securities	914,797		16,978		(2,944		)	928,831
Auction rate securities	108,751		—		(7,810		)	100,941
	$	2,312,087	$	49,212	$	(37,928	)	$	2,323,371

Securities carried at $1.6 billion as of June 30, 2015 and $1.7 billion as of December 31, 2014 were pledged as collateral to secure public and trust deposits and customer repurchase agreements.

Equity securities include common stocks of financial institutions (estimated fair value of $27.2 million at June 30, 2015 and $41.8 million at December 31, 2014) and other equity investments (estimated fair value of $5.8 million at both June 30, 2015 and December 31, 2014).

As of June 30, 2015, the financial institutions stock portfolio had a cost basis of $18.2 million and an estimated fair value of $27.2 million, including an investment in a single financial institution with a cost basis of $10.7 million and an estimated fair value of $15.7 million. The estimated fair value of this investment accounted for 57.7% of the estimated fair value of the Corporation's investments in the common stocks of publicly traded financial institutions. No other investment within the financial institutions stock portfolio exceeded 5% of the portfolio's estimated fair value.

The amortized cost and estimated fair values of debt securities as of June 30, 2015, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	57,382	$	58,372
Due from one year to five years		104,022		106,663
Due from five years to ten years		148,682		151,430
Due after ten years		175,099		164,090
		485,185		480,555
Collateralized mortgage obligations		931,093		918,232
Mortgage-backed securities		998,418		1,008,664
		$	2,414,696	$	2,407,451

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended June 30, 2015	(in thousands)
Equity securities	$	2,290	$	—		$	—		$	2,290
Debt securities	125		—			—			125
Total	$	2,415	$	—		$	—		$	2,415
Three months ended June 30, 2014
Equity securities	$	—	$	—		$	(12	)	$	(12	)
Debt securities	1,124		—			—			1,124
Total	$	1,124	$	—		$	(12	)	$	1,112
Six months ended June 30, 2015
Equity securities	$	4,260	$	—		$	—		$	4,260
Debt securities	2,300		—			—			2,300
Total	$	6,560	$	—		$	—		$	6,560
Six months ended June 30, 2014
Equity securities	$	1	$	—		$	(12	)	$	(11	)
Debt securities	1,446		(323		)	—			1,123
Total	$	1,447	$	(323	)	$	(12	)	$	1,112

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(12,302	)	$	(19,961	)	$	(16,242	)	$	(20,691	)
Reductions for securities sold during the period	792			2,746			4,730			3,472
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			1			2			5
Balance of cumulative credit losses on debt securities, end of period	$	(11,510	)	$	(17,214	)	$	(11,510	)	$	(17,214	)

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2015:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
U.S. Government sponsored agency securities	$	28,051	$	(130	)	$	—	$	—		$	28,051	$	(130	)
State and municipal securities	34,107		(387		)	—		—			34,107		(387		)
Corporate debt securities	7,965		(13		)	35,229		(4,754		)	43,194		(4,767		)
Collateralized mortgage obligations	95,315		(651		)	517,338		(17,142		)	612,653		(17,793		)
Mortgage-backed securities	306,980		(2,498		)	69,029		(1,368		)	376,009		(3,866		)
Auction rate securities	—		—			98,606		(7,898		)	98,606		(7,898		)
Total debt securities	472,418		(3,679		)	720,202		(31,162		)	1,192,620		(34,841		)
Equity securities	—		—			78		(12		)	78		(12		)
	$	472,418	$	(3,679	)	$	720,280	$	(31,174	)	$	1,192,698	$	(34,853	)

The Corporation’s collateralized mortgage obligations and mortgage-backed securities have contractual terms that generally do not permit the issuer to settle the securities at a price less than the amortized cost of the investment. Because the decline in market value of these securities is attributable to changes in interest rates and not credit quality, and because the Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, the Corporation does not consider these investments to be other-than-temporarily impaired as of June 30, 2015.

The unrealized holding losses on auction rate securities (auction rate certificates, or "ARCs"), are attributable to liquidity issues resulting from the failure of periodic auctions. The Corporation had previously purchased ARCs for investment management and trust customers as short-term investments with fair values that could be derived based on periodic auctions under normal market conditions. During 2008 and 2009, the Corporation purchased ARCs from these customers due to the failure of these periodic auctions, which made these previously short-term investments illiquid.

As of June 30, 2015, all of the ARCs were rated above investment grade, with approximately $6 million, or 6%, "AAA" rated and $93 million, or 94%, "AA" rated. All of the loans underlying the ARCs have principal payments which are guaranteed by the federal government.

As of June 30, 2015, all ARCs were current and making scheduled interest payments. Based on management’s evaluations, ARCs with an estimated fair value of $98.6 million were not subject to any other-than-temporary impairment charges as of June 30, 2015. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

For its investments in equity securities, particularly its investments in stocks of financial institutions, management evaluates the near-term prospects of the issuers in relation to the severity and duration of the impairment. Based on that evaluation and the Corporation’s ability and intent to hold those investments for a reasonable period of time sufficient for a recovery of fair value, the Corporation does not consider those investments with unrealized holding losses as of June 30, 2015 to be other-than-temporarily impaired.

The majority of the Corporation's available for sale corporate debt securities are issued by financial institutions. The following table presents the amortized cost and estimated fair value of corporate debt securities:

	June 30, 2015				December 31, 2014
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,613	$	43,378	$	47,569	$	42,016
Subordinated debt	47,595		49,716		47,530		50,023
Pooled trust preferred securities	—		530		2,010		4,088
Corporate debt securities issued by financial institutions	95,208		93,624		97,109		96,127
Other corporate debt securities	3,548		3,548		1,907		1,907
Available for sale corporate debt securities	$	98,756	$	97,172	$	99,016	$	98,034

The Corporation’s investments in single-issuer trust preferred securities had an unrealized loss of $4.2 million at June 30, 2015. The Corporation did not record any other-than-temporary impairment charges for single-issuer trust preferred securities during the three or six months ended June 30, 2015 or 2014. Seven of the Corporation's 19 single-issuer trust preferred securities were rated belowinvestment grade by at least one ratings agency, with an amortized cost of $14.5 million and an estimated fair value of $13.1 million at June 30, 2015. All of the single-issuer trust preferred securities rated below investment grade were rated "BB" or "Ba". Three single-issuer trust preferred securities with an amortized cost of $4.7 million and an estimated fair value of $3.8 million at June 30, 2015 were not rated by any ratings agency.

During the six months ended June 30, 2015, the Corporation sold three pooled trust preferred securities with a total amortized cost of $1.9 million, for a gain of $2.3 million. As of June 30, 2015, both of the Corporation's remaining pooled trust preferred securities, with an amortized cost of $0 and an estimated fair value of $530,000, were rated below investment grade by at least one ratings agency, with ratings ranging from "C" to "Ca". The class of securities held by the Corporation was below the most senior tranche, with the Corporation’s interests being subordinate to other investors in the pool. The Corporation determines the fair value of pooled trust preferred securities based on quotes provided by third-party brokers.

The amortized cost of pooled trust preferred securities is the purchase price of the securities, net of cumulative credit related other-than-temporary impairment charges, determined using an expected cash flows model. The most significant input to the expected cash flows model is the expected payment deferral rate for each pooled trust preferred security. The Corporation evaluates the financial metrics, such as capital ratios and non-performing assets ratios, of the individual financial institution issuers that comprise each pooled trust preferred security to estimate its expected deferral rate.

Based on management’s evaluations, corporate debt securities with a fair value of $97.2 million were not subject to any other-than-temporary impairment charges as of June 30, 2015. The Corporation does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost, which may be at maturity.

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Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following table presents changes in other comprehensive income:

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended June 30, 2015
Unrealized loss on securities	$	(18,474	)	$	6,466		$	(12,008	)
Reclassification adjustment for securities gains included in net income (1)	(2,413		)	844			(1,569		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	717			(251		)	466
Total Other Comprehensive Loss	$	(20,118	)	$	7,041		$	(13,077	)
Three months ended June 30, 2014
Unrealized gain on securities	$	19,984		$	(6,994	)	$	12,990
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Non-credit related unrealized gains on other-than-temporarily impaired debt securities	497			(174		)	323
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income	$	19,581		$	(6,853	)	$	12,728
Six months ended June 30, 2015
Unrealized loss on securities	$	(3,103	)	$	1,087		$	(2,016	)
Reclassification adjustment for securities gains included in net income (1)	(6,558		)	2,294			(4,264		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	192			(67		)	125
Unrealized gain on derivative financial instruments	104			(36		)	68
Amortization of net unrecognized pension and postretirement items (2)	1,434			(502		)	932
Total Other Comprehensive Loss	$	(7,931	)	$	2,776		$	(5,155	)
Six months ended June 30, 2014
Unrealized gain on securities	$	41,419		$	(14,496	)	$	26,923
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	788			(276		)	512
Unrealized gain on derivative financial instruments	105			(37		)	68
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	309			(109		)	200
Total Other Comprehensive Income	$	43,348		$	(15,168	)	$	28,180

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note 4, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note 8, "Employee Benefit Plans," for additional details.

The following table presents changes in each component of accumulated other comprehensive income, net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	14,311		$	440		$	(2,512	)	$	(22,039	)	$	(9,800	)
Other comprehensive loss before reclassifications	(12,008		)	—			—			—			(12,008		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,473		)	(96		)	34			466			(1,069		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Three months ended June 30, 2014
Balance at March 31, 2014	$	(13,577	)	$	1,841		$	(2,648	)	$	(7,505	)	$	(21,889	)
Other comprehensive income before reclassifications	12,990			323			—			—			13,313
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	34			104			(585		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Six months ended June 30, 2015
Balance at December 31, 2014	$	5,980		$	1,349		$	(2,546	)	$	(22,505	)	$	(17,722	)
Other comprehensive income (loss) before reclassifications	(2,016		)	125			—			—			(1,891		)
Amounts reclassified from accumulated other comprehensive income (loss)	(3,134		)	(1,130		)	68			932			(3,264		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Six months ended June 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income before reclassifications	26,923			512			—			2,144			29,579
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	68			(744		)	(1,399		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)

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Subsequent Event

6 Months Ended

Jun. 30, 2015

Subsequent Events [Abstract]

Subsequent Event

Subsequent Event

In June 2015, the Corporation issued $150 million of ten-year subordinated notes, which mature on November 15, 2024 and carry a fixed rate of 4.50% and an effective rate of approximately 4.70% as a result of issuance costs. Interest is paid semi-annually in May and November.

The proceeds from the issuance of the subordinated notes were used to redeem $150 million of trust preferred securities in July 2015. The redeemed securities carried a fixed interest rate of 6.29% and an effective rate of 6.52%, and had a scheduled maturity of February 1, 2036. As a result of this transaction, the Corporation recorded a $5.6 million loss on redemption, included as a component of non-interest expense, in July 2015.

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Balance Sheet Offsetting

6 Months Ended

Jun. 30, 2015

Offsetting [Abstract]

Balance Sheet Offsetting

Balance Sheet Offsetting

Certain financial assets and liabilities may be eligible for offset on the consolidated balance sheets as they are subject to master netting arrangements or similar agreements. The Corporation elects to not offset assets and liabilities subject to such arrangements on the consolidated financial statements.

The Corporation is a party to interest rate swap transactions with financial institution counterparties and customers, disclosed in detail within Note 9, "Derivative Financial Instruments." Under these agreements, the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. Cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the interest rate swap agreements in the event of default.

The Corporation is also a party to foreign currency exchange contracts with financial institution counterparties, under which the Corporation has the right to net settle multiple contracts with the same counterparty in the event of default on, or termination of, any one contract. As with interest rate swap contracts, cash collateral is posted by the party with a net liability position in accordance with contract thresholds and can be used to settle the fair value of the foreign currency exchange contracts in the event of default. For additional details, see Note 9, "Derivative Financial Instruments."

The Corporation also enters into agreements with customers in which it sells securities subject to an obligation to repurchase the same or similar securities, referred to as repurchase agreements. Under these agreements, the Corporation may transfer legal control over the assets but still maintain effective control through agreements that both entitle and obligate the Corporation to repurchase the assets. Therefore, repurchase agreements are reported as secured borrowings, classified within short-term borrowings on the consolidated balance sheets, while the securities underlying the repurchase agreements remain classified with investment securities on the consolidated balance sheets. The Corporation has no intention of setting off these amounts, therefore, these repurchase agreements are not eligible for offset.

The following table presents the Corporation's financial instruments that are eligible for offset, and the effects of offsetting, on the consolidated balance sheets:

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
June 30, 2015
Interest rate swap derivative assets	$	19,551	$	(235	)	$	—		$	19,316
Foreign exchange derivative assets with correspondent banks	629		(629		)	—			—
Total	$	20,180	$	(864	)	$	—		$	19,316
Interest rate swap derivative liabilities	$	19,551	$	(235	)	$	(19,290	)	$	26
Foreign exchange derivative liabilities with correspondent banks	672		(629		)	—			43
Total	$	20,223	$	(864	)	$	(19,290	)	$	69
December 31, 2014
Interest rate swap derivative assets	$	19,914	$	(206	)	$	—		$	19,708
Foreign exchange derivative assets with correspondent banks	446		(446		)	—			—
Total	$	20,360	$	(652	)	$	—		$	19,708
Interest rate swap derivative liabilities	$	19,914	$	(206	)	$	(19,210	)	$	498
Foreign exchange derivative liabilities with correspondent banks	876		(446		)	(310		)	120
Total	$	20,790	$	(652	)	$	(19,520	)	$	618

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

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Stock-Based Compensation

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The Corporation grants equity awards to employees, consisting of stock options, restricted stock, RSUs and PSUs under its Amended and Restated Equity and Cash Incentive Compensation Plan ("Employee Equity Plan"). In addition, employees may purchase stock under the Corporation’s Employee Stock Purchase Plan. The fair value of equity awards granted to employees is recognized as compensation expense over the period during which employees are required to provide service in exchange for such awards. Compensation expense for PSUs is also recognized over the period during which employees are required to provide service in exchange for such awards, however, compensation expense may vary based on the expectations for actual performance relative to defined performance measures.

The Corporation also grants equity awards to non-employee members of its board of directors under the 2011 Directors’ Equity Participation Plan ("Directors’ Plan"). Under the Directors’ Plan, the Corporation can grant equity awards to non-employee holding company and subsidiary bank directors in the form of stock options, restricted stock or common stock.

Equity awards issued under the Employee Equity Plan are generally granted annually and become fully vested over or after a three-year vesting period. The vesting period for non-performance based awards represents the period during which employees are required to provide service in exchange for such awards. Equity awards under the Directors' Plan generally vest immediately upon grant. Certain events, as defined in the Employee Equity Plan and the Directors' Plan, result in the acceleration of the vesting of equity awards.

The following table presents compensation expense and the related tax benefits for equity awards recognized in the consolidated statements of income:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Stock-based compensation expense	$	1,767		$	1,989		$	2,838		$	3,022
Tax benefit	(622		)	(446		)	(914		)	(709		)
Stock-based compensation expense, net of tax	$	1,145		$	1,543		$	1,924		$	2,313

Stock option fair values are estimated through the use of the Black-Scholes valuation methodology as of the date of grant. Stock options carry terms of up to ten years. Fair values for restricted stock, RSUs and a majority of PSUs are based on the trading price of the Corporation’s stock on the date of grant and earn dividends during the vesting period, which are forfeitable if the awards do not vest. The fair value of certain PSUs are estimated through the use of the Monte Carlo valuation methodology as of the date of grant.

As of June 30, 2015, the Employee Equity Plan had 11.6 million shares reserved for future grants through 2023 and the Directors’ Plan had approximately 396,000 shares reserved for future grants through 2021. On April 1, 2015, the Corporation granted approximately 403,000 PSUs and 139,500 RSUs under its Employee Equity Plan.

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Loans and Allowance for Credit Losses Troubled Debt Restructuring Modification (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015 USD ($) loans	Jun. 30, 2014 USD ($) loans	Jun. 30, 2015 USD ($) loans	Jun. 30, 2014 USD ($) loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	23	26	51	57
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 2,374	$ 5,317	$ 13,691	$ 14,575
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	23	22
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 6,236	$ 2,645
Real-estate commercial mortage [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	1	2	4	9
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 132	$ 2,334	$ 2,627	$ 9,804
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	2	2
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 191	$ 35
Real-estate - residential mortgage [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	4	9	8	15
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 456	$ 1,130	$ 1,066	$ 1,836
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	6	9
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 652	$ 1,204
Construction - commercial residential [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	1	1	2
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 0	$ 1,366	$ 889	$ 1,914
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 0	$ 619
Real-estate - home equity [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	15	10	25	20
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 739	$ 334	$ 1,231	$ 863
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	7	9
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 614	$ 777
Commercial - Secured [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	3	1	11	1
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 1,047	$ 143	$ 7,823	$ 143
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	8	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $	$ 4,779	$ 10
Commercial - unsecured [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	0	1	0
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 0	$ 0	$ 42	$ 0
Consumer - direct [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	2	0	6
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 0	$ 4	$ 0	$ 8
Consumer - Indirect [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0	1	1	4
Financing Receivable, Modifications, Post-Modification Recorded Investment | $	$ 0	$ 6	$ 13	$ 7

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Loans and Allowance for Credit Losses

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Loans and Allowance for Credit Losses

Loans, Net of Unearned Income

Loans, net of unearned income are summarized as follows:

	June 30, 2015			December 31, 2014
	(in thousands)
Real-estate - commercial mortgage	$	5,237,800		$	5,197,155
Commercial - industrial, financial and agricultural	3,806,699			3,725,567
Real-estate - home equity	1,689,688			1,736,688
Real-estate - residential mortgage	1,369,103			1,377,068
Real-estate - construction	731,925			690,601
Consumer	272,494			265,431
Leasing and other	147,960			127,562
Overdrafts	2,642			4,021
Loans, gross of unearned income	13,258,311			13,124,093
Unearned income	(14,081		)	(12,377		)
Loans, net of unearned income	$	13,244,230		$	13,111,716

Allowance for Credit Losses

The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries.

The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans evaluated for impairment under the FASB's ASC Section 310-10-35; and (2) allowances calculated for pools of loans measured for impairment under FASB ASC Subtopic 450-20.

The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. Commercial loans include loans secured by collateral and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect automobile loans.

The following table presents the components of the allowance for credit losses:

	June 30, 2015		December 31, 2014
	(in thousands)
Allowance for loan losses	$	167,485	$	184,144
Reserve for unfunded lending commitments	1,968		1,787
Allowance for credit losses	$	169,453	$	185,931

The following table presents the activity in the allowance for credit losses:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance at beginning of period	$	179,658		$	199,006		$	185,931		$	204,917
Loans charged off	(15,372		)	(11,476		)	(21,136		)	(21,744		)
Recoveries of loans previously charged off	2,967			2,412			6,158			4,269
Net loans charged off	(12,405		)	(9,064		)	(14,978		)	(17,475		)
Provision for credit losses	2,200			3,500			(1,500		)	6,000
Balance at end of period	$	169,453		$	193,442		$	169,453		$	193,442

The following table presents the activity in the allowance for loan losses by portfolio segment:

	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	52,860		$	57,150		$	23,481		$	23,235		$	8,487		$	2,527		$	1,653		$	8,308		$	177,701
Loans charged off	(1,642		)	(11,166		)	(870		)	(783		)	(87		)	(357		)	(467		)	—			(15,372		)
Recoveries of loans previously charged off	451			1,471			189			187			231			368			70			—			2,967
Net loans charged off	(1,191		)	(9,695		)	(681		)	(596		)	144			11			(397		)	—			(12,405		)
Provision for loan losses (1)	(989		)	1,715			(294		)	148			(882		)	70			359			2,062			2,189
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Three months ended June 30, 2014
Balance at March 31, 2014	$	53,757		$	50,563		$	32,460		$	33,329		$	9,842		$	3,324		$	2,011		$	11,803		$	197,089
Loans charged off	(2,141		)	(5,512		)	(1,234		)	(1,089		)	(218		)	(449		)	(833		)	—			(11,476		)
Recoveries of loans previously charged off	430			775			177			108			158			402			362			—			2,412
Net loans charged off	(1,711		)	(4,737		)	(1,057		)	(981		)	(60		)	(47		)	(471		)	—			(9,064		)
Provision for loan losses (1)	(2,204		)	3,258			638			396			1,549			29			311			(317		)	3,660
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Six months ended June 30, 2015
Balance at December 31, 2014	$	53,493		$	51,378		$	28,271		$	29,072		$	9,756		$	3,015		$	1,799		$	7,360		$	184,144
Loans charged off	(2,351		)	(13,029		)	(1,638		)	(2,064		)	(87		)	(1,137		)	(830		)	—			(21,136		)
Recoveries of loans previously charged off	887			2,257			440			346			1,378			609			241			—			6,158
Net loans charged off	(1,464		)	(10,772		)	(1,198		)	(1,718		)	1,291			(528		)	(589		)	—			(14,978		)
Provision for loan losses (1)	(1,349		)	8,564			(4,567		)	(4,567		)	(3,298		)	121			405			3,010			(1,681		)
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Six months ended June 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(3,527		)	(10,637		)	(2,885		)	(1,935		)	(432		)	(1,200		)	(1,128		)	—			(21,744		)
Recoveries of loans previously charged off	474			1,519			533			224			382			611			526			—			4,269
Net loans charged off	(3,053		)	(9,118		)	(2,352		)	(1,711		)	(50		)	(589		)	(602		)	—			(17,475		)
Provision for loan losses (1)	(2,764		)	7,872			6,171			1,373			(1,268		)	635			(917		)	(4,722		)	6,380
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685

(1) The provision for loan losses excluded an $11,000 and $181,000 increase, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2015 and a $160,000 and $380,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and six months ended June 30, 2014. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $2.2 million and negative $1.5 million, respectively, for the three and six months ended June 30, 2015 and $3.5 million and $6.0 million, respectively, for the three and six months ended June 30, 2014.

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:

	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	37,228	$	38,090	$	15,838	$	8,763	$	5,430	$	2,588	$	1,615	$	10,370	$	119,922
Evaluated for impairment under FASB ASC Section 310-10-35	13,452		11,080		6,668		14,024		2,319		20		—		N/A		47,563
	$	50,680	$	49,170	$	22,506	$	22,787	$	7,749	$	2,608	$	1,615	$	10,370	$	167,485
Loans, net of unearned income at June 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,172,333	$	3,764,999	$	1,676,410	$	1,315,908	$	712,975	$	272,463	$	136,521	N/A		$	13,051,609
Evaluated for impairment under FASB ASC Section 310-10-35	65,467		41,700		13,278		53,195		18,950		31		—		N/A		192,621
	$	5,237,800	$	3,806,699	$	1,689,688	$	1,369,103	$	731,925	$	272,494	$	136,521	N/A		$	13,244,230
Allowance for loan losses at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	33,388	$	36,603	$	22,234	$	11,450	$	7,163	$	3,285	$	1,851	$	11,486	$	127,460
Evaluated for impairment under FASB ASC Section 310-10-35	16,454		12,481		9,807		21,294		4,168		21		—		N/A		64,225
	$	49,842	$	49,084	$	32,041	$	32,744	$	11,331	$	3,306	$	1,851	$	11,486	$	191,685
Loans, net of unearned income at June 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,067,400	$	3,558,788	$	1,715,953	$	1,309,739	$	606,221	$	280,534	$	102,008	N/A		$	12,640,643
Evaluated for impairment under FASB ASC Section 310-10-35	61,334		42,933		14,544		52,237		27,797		23		—		N/A		198,868
	$	5,128,734	$	3,601,721	$	1,730,497	$	1,361,976	$	634,018	$	280,557	$	102,008	N/A		$	12,839,511

(1) The unallocated allowance, which was approximately 6% of the total allowance for credit losses as of both June 30, 2015 and June 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A    Not applicable.

Impaired Loans

A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings ("TDRs"). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total outstanding commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total outstanding commitments less than $1.0 million are pooled and measured for impairment collectively.

Based on an evaluation of all relevant credit quality factors, the Corporation recorded a $1.5 million negative provision for credit losses during the six months ended June 30, 2015, compared to a $6.0 million provision for credit losses for the same period in 2014. The $7.5 million improvement in the provision for credit losses was driven by an improvement in net charge-off levels, particularly among pooled impaired loans across all loan portfolio segments.

All loans individually evaluated for impairment under FASB ASC Section 310-10-35 are measured for losses on a quarterly basis.

As of June 30, 2015 and December 31, 2014, substantially all of the Corporation’s individually evaluated impaired loans with total outstanding balances greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real property.

As of June 30, 2015 and 2014, approximately 72% and 79%, respectively, of impaired loans with principal balances greater than or equal to $1.0 million, whose primary collateral is real estate, were measured at estimated fair value using state certified third-party appraisals that had been updated within the preceding 12 months.

When updated appraisals are not obtained for loans evaluated for impairment under FASB ASC Section 310-10-35 that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable loan-to-value position and, in the opinion of the Corporation's internal loan evaluation staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans, generally less than 70%.

The following table presents total impaired loans by class segment:

	June 30, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	29,836	$	24,357	$	—	$	25,802	$	23,236	$	—
Commercial - secured	24,250		17,557		—		17,599		14,582		—
Real estate - residential mortgage	6,630		6,223		—		4,873		4,873		—
Construction - commercial residential	13,581		10,699		—		18,041		14,801		—
Construction - commercial	1,299		1,156		—		1,707		1,581		—
	75,596		59,992				68,022		59,073
With a related allowance recorded:
Real estate - commercial mortgage	49,792		41,110		13,452		49,619		40,023		16,715
Commercial - secured	26,694		21,239		10,020		24,824		19,335		12,165
Commercial - unsecured	3,062		2,904		1,060		1,241		1,089		865
Real estate - home equity	18,752		13,278		6,668		19,392		13,458		9,224
Real estate - residential mortgage	56,048		46,972		14,024		56,607		46,478		18,592
Construction - commercial residential	11,976		5,472		1,771		14,007		7,903		2,675
Construction - commercial	1,879		1,342		445		1,501		1,023		459
Construction - other	452		281		103		452		281		137
Consumer - direct	15		15		10		19		19		17
Consumer - indirect	16		16		10		20		19		18
	168,686		132,629		47,563		167,682		129,628		60,867
Total	$	244,282	$	192,621	$	47,563	$	235,704	$	188,701	$	60,867

As of June 30, 2015 and December 31, 2014, there were $60.0 million and $59.1 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

The following table presents average impaired loans by class segment:

	Three months ended June 30								Six months ended June 30
	2015				2014				2015				2014
	Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	27,410	$	87	$	23,162	$	80	$	26,018	$	178	$	23,606	166
Commercial - secured	16,163		24		21,695		34		15,636		45		21,591		69
Real estate - home equity	—		—		300		1		—		—		300		1
Real estate - residential mortgage	5,541		32		857		5		5,318		60		571		6
Construction - commercial residential	12,171		40		17,853		62		13,048		95		16,482		122
Construction - commercial	925		—		1,418		—		1,144		—		1,604		—
	62,210		183		65,285		182		61,164		378		64,154		364
With a related allowance recorded:
Real estate - commercial mortgage	40,204		126		38,455		132		40,143		259		37,580		264
Commercial - secured	25,902		38		21,652		33		23,713		74		21,876		71
Commercial - unsecured	2,082		2		757		1		1,751		3		854		2
Real estate - home equity	13,016		33		14,049		28		13,163		64		14,145		48
Real estate - residential mortgage	47,020		270		51,153		300		46,839		543		51,134		594
Construction - commercial residential	6,031		21		7,676		27		6,655		49		9,977		62
Construction - commercial	960		—		723		—		981		—		547		—
Construction - other	281		—		413		—		281		—		458		—
Consumer - direct	17		—		16		—		18		—		14		—
Consumer - indirect	17		—		4		—		17		—		3		—
	135,530		490		134,898		521		133,561		992		136,588		1,041
Total	$	197,740	$	673	$	200,183	$	703	$	194,725	$	1,370	$	200,742	1,405

(1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and six months ended June 30, 2015 and 2014 represents amounts earned on accruing TDRs.

Credit Quality Indicators and Non-performing Assets

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:

	Pass						Special Mention						Substandard or Lower						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - commercial mortgage	$	4,943,773		$	4,899,016		$	114,385		$	127,302		$	179,642		$	170,837		$	5,237,800		$	5,197,155
Commercial - secured	3,419,331			3,333,486			123,663			120,584			110,666			110,544			3,653,660			3,564,614
Commercial - unsecured	141,431			146,680			3,667			7,463			7,941			6,810			153,039			160,953
Total commercial - industrial, financial and agricultural	3,560,762			3,480,166			127,330			128,047			118,607			117,354			3,806,699			3,725,567
Construction - commercial residential	138,834			136,109			17,526			27,495			30,588			40,066			186,948			203,670
Construction - commercial	469,515			409,631			13,314			12,202			5,587			5,586			488,416			427,419
Total construction (excluding Construction - other)	608,349			545,740			30,840			39,697			36,175			45,652			675,364			631,089
	$	9,112,884		$	8,924,922		$	272,555		$	295,046		$	334,424		$	333,843		$	9,719,863		$	9,553,811
% of Total	93.8		%	93.4		%	2.8		%	3.1		%	3.4		%	3.5		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:

• Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.

• Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.

• Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts. The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, lease receivables and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology for those loans, which bases the probability of default on this migration.

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:

	Performing						Delinquent (1)						Non-performing (2)						Total
	June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014			June 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - home equity	$	1,665,771		$	1,711,017		$	9,285		$	10,931		$	14,632		$	14,740		$	1,689,688		$	1,736,688
Real estate - residential mortgage	1,316,650			1,321,139			20,891			26,934			31,562			28,995			1,369,103			1,377,068
Construction - other	55,864			59,180			—			—			697			332			56,561			59,512
Consumer - direct	103,985			104,018			2,886			2,891			2,326			2,414			109,197			109,323
Consumer - indirect	161,201			153,358			1,839			2,574			257			176			163,297			156,108
Total consumer	265,186			257,376			4,725			5,465			2,583			2,590			272,494			265,431
Leasing and other and overdrafts	135,895			118,550			553			523			73			133			136,521			119,206
	$	3,439,366		$	3,467,262		$	35,454		$	43,853		$	49,547		$	46,790		$	3,524,367		$	3,557,905
% of Total	97.6		%	97.5		%	1.0		%	1.2		%	1.4		%	1.3		%	100.0		%	100.0		%

(1) Includes all accruing loans 31 days to 89 days past due.

(2) Includes all accruing loans 90 days or more past due and all non-accrual loans.

The following table presents non-performing assets:

	June 30, 2015		December 31, 2014
	(in thousands)
Non-accrual loans	$	129,152	$	121,080
Accruing loans 90 days or more past due	20,353		17,402
Total non-performing loans	149,505		138,482
Other real estate owned (OREO)	12,763		12,022
Total non-performing assets	$	162,268	$	150,504

The following table presents TDRs, by class segment:

	June 30, 2015		December 31, 2014
	(in thousands)
Real-estate - residential mortgage	$	31,584	$	31,308
Real-estate - commercial mortgage	17,482		18,822
Commercial - secured	6,417		5,170
Construction - commercial residential	4,482		9,241
Real estate - home equity	3,299		2,975
Commercial - unsecured	174		67
Consumer - indirect	16		19
Consumer - direct	15		19
Total accruing TDRs	63,469		67,621
Non-accrual TDRs (1)	27,230		24,616
Total TDRs	$	90,699	$	92,237

(1) Included within non-accrual loans in the preceding table detailing non-performing assets.

As of June 30, 2015 and December 31, 2014, there were $6.0 million and $3.9 million, respectively, of commitments to lend additional funds to borrowers whose loans were modified under TDRs.

The following table presents TDRs, by class segment as of June 30, 2015 and 2014 that were modified during the three and six months ended June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	3	$	1,047	1	$	143	11	$	7,823	1	$	143
Real estate - home equity	15	739		10	334		25	1,231		20	863
Real estate - residential mortgage	4	456		9	1,130		8	1,066		15	1,836
Real estate - commercial mortgage	1	132		2	2,334		4	2,627		9	9,804
Construction - commercial residential	—	—		1	1,366		1	889		2	1,914
Commercial - unsecured	—	—		—	—		1	42		—	—
Consumer - indirect	—	—		1	6		1	13		4	7
Consumer - direct	—	—		2	4		—	—		6	8
Total	23	$	2,374	26	$	5,317	51	$	13,691	57	$	14,575

The following table presents TDRs, by class segment, as of June 30, 2015 and 2014 that were modified within the previous 12 months and had a post-modification payment default during the six months ended June 30, 2015 and 2014. The Corporation defines a payment default as a single missed payment.

	2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	8	$	4,779	1	$	10
Real estate - residential mortgage	6	652		9	1,204
Real estate - home equity	7	614		9	777
Real estate - commercial mortgage	2	191		2	35
Construction - commercial residential	—	—		1	619
Total	23	$	6,236	22	$	2,645

The following table presents past due status and non-accrual loans by portfolio segment and class segment:

	June 30, 2015
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	16,139	$	1,848	$	1,947	$	47,985	$	49,932	$	67,919	$	5,169,881	$	5,237,800
Commercial - secured	6,489		1,463		730		32,379		33,109		41,061		3,612,599		3,653,660
Commercial - unsecured	307		80		—		2,730		2,730		3,117		149,922		153,039
Total commercial - industrial, financial and agricultural	6,796		1,543		730		35,109		35,839		44,178		3,762,521		3,806,699
Real estate - home equity	7,161		2,124		4,653		9,979		14,632		23,917		1,665,771		1,689,688
Real estate - residential mortgage	16,835		4,056		9,951		21,611		31,562		52,453		1,316,650		1,369,103
Construction - commercial residential	151		—		—		11,689		11,689		11,840		175,108		186,948
Construction - commercial	—		—		—		2,498		2,498		2,498		485,918		488,416
Construction - other	—		—		416		281		697		697		55,864		56,561
Total real estate - construction	151		—		416		14,468		14,884		15,035		716,890		731,925
Consumer - direct	2,159		727		2,326		—		2,326		5,212		103,985		109,197
Consumer - indirect	1,719		120		257		—		257		2,096		161,201		163,297
Total consumer	3,878		847		2,583		—		2,583		7,308		265,186		272,494
Leasing and other and overdrafts	468		85		73		—		73		626		135,895		136,521
Total	$	51,428	$	10,503	$	20,353	$	129,152	$	149,505	$	211,436	$	13,032,794	$	13,244,230

	December 31, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	14,399	$	3,677	$	800	$	44,437	$	45,237	$	63,313	$	5,133,842	$	5,197,155
Commercial - secured	4,839		958		610		28,747		29,357		35,154		3,529,460		3,564,614
Commercial - unsecured	395		65		9		1,022		1,031		1,491		159,462		160,953
Total commercial - industrial, financial and agricultural	5,234		1,023		619		29,769		30,388		36,645		3,688,922		3,725,567
Real estate - home equity	8,048		2,883		4,257		10,483		14,740		25,671		1,711,017		1,736,688
Real estate - residential mortgage	18,789		8,145		8,952		20,043		28,995		55,929		1,321,139		1,377,068
Construction - commercial residential	160		—		—		13,463		13,463		13,623		190,047		203,670
Construction - commercial	—		—		—		2,604		2,604		2,604		424,815		427,419
Construction - other	—		—		51		281		332		332		59,180		59,512
Total real estate - construction	160		—		51		16,348		16,399		16,559		674,042		690,601
Consumer - direct	2,034		857		2,414		—		2,414		5,305		104,018		109,323
Consumer - indirect	2,156		418		176		—		176		2,750		153,358		156,108
Total consumer	4,190		1,275		2,590		—		2,590		8,055		257,376		265,431
Leasing and other and overdrafts	357		166		133		—		133		656		118,550		119,206
Total	$	51,177	$	17,169	$	17,402	$	121,080	$	138,482	$	206,828	$	12,904,888	$	13,111,716

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Mortgage Servicing Rights

6 Months Ended

Jun. 30, 2015

Transfers and Servicing [Abstract]

Mortgage Servicing Rights

Mortgage Servicing Rights

The following table summarizes the changes in mortgage servicing rights ("MSRs"), which are included in other assets on the consolidated balance sheets:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Amortized cost:
Balance at beginning of period	$	41,803		$	41,668		$	42,148		$	42,452
Originations of mortgage servicing rights	1,956			1,236			3,513			2,351
Amortization	(2,161		)	(318		)	(4,063		)	(2,217		)
Balance at end of period	$	41,598		$	42,586		$	41,598		$	42,586

MSRs represent the economic value of existing contractual rights to service mortgage loans that have been sold. Accordingly, actual and expected prepayments of the underlying mortgage loans can impact the value of MSRs.

The Corporation estimates the fair value of its MSRs by discounting the estimated cash flows from servicing income, net of expense, over the expected life of the underlying loans at a discount rate commensurate with the risk associated with these assets. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. No valuation allowance was necessary as of June 30, 2015 or 2014.

The Corporation accounts for MSRs at the lower of amortized cost or fair value. As of June 30, 2015, the estimated fair value of MSRs was $45.7 million, which exceeded their book value.

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Employee Benefit Plans

6 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The Corporation maintains a defined benefit pension plan ("Pension Plan") for certain employees, which was curtailed effective January 1, 2008. Contributions to the Pension Plan are actuarially determined and funded annually, if required. Pension Plan assets are invested in: money markets; fixed income securities, including corporate bonds, U.S. Treasury securities and common trust funds; and equity securities, including common stocks and common stock mutual funds.

The net periodic benefit cost for the Corporation’s Pension Plan consisted of the following components:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	145		$	92		$	290		$	184
Interest cost	851			853			1,702			1,706
Expected return on plan assets	(752		)	(810		)	(1,504		)	(1,621		)
Net amortization and deferral	782			244			1,564			488
Net periodic benefit cost	$	1,026		$	379		$	2,052		$	757

(1) The Pension Plan service cost recorded for the six months ended June 30, 2015 and 2014 was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

The Corporation currently provides medical and life insurance benefits under a postretirement benefits plan ("Postretirement Plan") to certain retired full-time employees who were employees of the Corporation prior to January 1, 1998.

Effective February 1, 2014, the Corporation amended the Postretirement Plan, making all active full-time employees ineligible for benefits under this plan. As a result of this amendment, the Corporation recorded a $1.5 million gain during the six months ended June 30, 2014, as a reduction to salaries and employee benefits on the consolidated statements of income. The gain resulted from the recognition of the remaining prior service cost prior to the amendment date as of December 31, 2013. In addition, this amendment resulted in a $3.4 million decrease in the accumulated postretirement benefit obligation and a corresponding increase in unrecognized prior service cost credits.

The net periodic cost (benefit) of the Corporation’s Postretirement Plan consisted of the following components, excluding the $1.5 million plan amendment gain in 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Service cost (1)	$	—		$	—		$	—		$	15
Interest cost	52			48			104			109
Net accretion and deferral	(65		)	(84		)	(130		)	(179		)
Net periodic benefit	$	(13	)	$	(36	)	$	(26	)	$	(55	)

(1) As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014.

The Corporation recognizes the funded status of its Pension Plan and Postretirement Plan on the consolidated balance sheets and recognizes the change in that funded status through other comprehensive income.

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Stock-Based Compensation Compensation Expense and Related Tax Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	$ 1,767	$ 1,989	$ 2,838	$ 3,022
Tax benefit	(622)	(446)	(914)	(709)
Stock-based compensation expense, net of tax	$ 1,145	$ 1,543	$ 1,924	$ 2,313

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Employee Benefit Plans Summary of Pension Plan and Postretirement Plan Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands			3 Months Ended		6 Months Ended
		Feb. 01, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Plan [Member]
Define Benefit Plan Disclosure [Line Items]
Service cost	[1]		$ 145	$ 92	$ 290	$ 184
Interest cost			851	853	1,702	1,706
Expected return on plan assets			(752)	(810)	(1,504)	(1,621)
Net amortization and deferral			782	244	1,564	488
Net periodic benefit cost			1,026	379	2,052	757
Postretirement Plan [Member]
Define Benefit Plan Disclosure [Line Items]
Service cost	[2]		0	0	0	15
Interest cost			52	48	104	109
Net accretion and deferral			(65)	(84)	(130)	(179)
Net periodic benefit cost			(13)	$ (36)	$ (26)	$ (55)
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments		$ 1,500
Defined Benefit Plan, Curtailments			$ 3,400

[1] The Pension Plan service cost recorded for the six months ended June 30, 2015 and 2014 was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.

[2] As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014.

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Mortgage Servicing Rights Summary of Changes in Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Amortized Cost:
Servicing Asset at Fair Value, Amount	$ 45,700		$ 45,700
Mortgages [Member]
Amortized Cost:
Valuation Allowance for Impairment of Recognized Servicing Assets, Period Increase (Decrease)			0	$ 0
Residential Mortgage [Member]
Amortized Cost:
Balance at beginning of period	41,803	$ 41,668	42,148	42,452
Originations of mortgage servicing rights	1,956	1,236	3,513	2,351
Amortization	(2,161)	(318)	(4,063)	(2,217)
Balance at end of period	$ 41,598	$ 42,586	$ 41,598	$ 42,586

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Balance Sheet Offsetting (Tables)

6 Months Ended

Jun. 30, 2015

Offsetting [Abstract]

Balance Sheet Offsetting

The following table presents the Corporation's financial instruments that are eligible for offset, and the effects of offsetting, on the consolidated balance sheets:

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
June 30, 2015
Interest rate swap derivative assets	$	19,551	$	(235	)	$	—		$	19,316
Foreign exchange derivative assets with correspondent banks	629		(629		)	—			—
Total	$	20,180	$	(864	)	$	—		$	19,316
Interest rate swap derivative liabilities	$	19,551	$	(235	)	$	(19,290	)	$	26
Foreign exchange derivative liabilities with correspondent banks	672		(629		)	—			43
Total	$	20,223	$	(864	)	$	(19,290	)	$	69
December 31, 2014
Interest rate swap derivative assets	$	19,914	$	(206	)	$	—		$	19,708
Foreign exchange derivative assets with correspondent banks	446		(446		)	—			—
Total	$	20,360	$	(652	)	$	—		$	19,708
Interest rate swap derivative liabilities	$	19,914	$	(206	)	$	(19,210	)	$	498
Foreign exchange derivative liabilities with correspondent banks	876		(446		)	(310		)	120
Total	$	20,790	$	(652	)	$	(19,520	)	$	618

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.

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Loans and Allowance for Credit Losses Activity in the Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	$ 179,658	$ 199,006	$ 185,931	$ 204,917
Loans charged off	(15,372)	(11,476)	(21,136)	(21,744)
Recoveries of loans previously charged off	2,967	2,412	6,158	4,269
Net loans charged off	(12,405)	(9,064)	(14,978)	(17,475)
Provision for credit losses	2,200	3,500	(1,500)	6,000
Balance at end of period	$ 169,453	$ 193,442	$ 169,453	$ 193,442

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Fair Value Measurements

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

FASB ASC Topic 820 establishes a fair value hierarchy for the inputs to valuation techniques used to measure assets and liabilities at fair value using the following three categories (from highest to lowest priority):

• Level 1 – Inputs that represent quoted prices for identical instruments in active markets.

• Level 2 – Inputs that represent quoted prices for similar instruments in active markets, or quoted prices for identical instruments in non-active markets. Also includes valuation techniques whose inputs are derived principally from observable market data other than quoted prices, such as interest rates or other market-corroborated means.

• Level 3 – Inputs that are largely unobservable, as little or no market data exists for the instrument being valued.

The Corporation has categorized all assets and liabilities measured at fair value on both a recurring and nonrecurring basis into the above three levels.

The following tables present summaries of the Corporation’s assets and liabilities measured at fair value on a recurring basis and reported on the consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	33,980	$	—	$	33,980
Available for sale investment securities:
Equity securities	33,041		—		—		33,041
U.S. Government sponsored agency securities	—		48,260		—		48,260
State and municipal securities	—		236,517		—		236,517
Corporate debt securities	—		92,822		4,350		97,172
Collateralized mortgage obligations	—		918,232		—		918,232
Mortgage-backed securities	—		1,008,664		—		1,008,664
Auction rate securities	—		—		98,606		98,606
Total available for sale investments	33,041		2,304,495		102,956		2,440,492
Other assets	18,002		22,524		—		40,526
Total assets	$	51,043	$	2,360,999	$	102,956	$	2,514,998
Other liabilities	$	17,848	$	19,622	$	—	$	37,470

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Mortgage loans held for sale	$	—	$	17,522	$	—	$	17,522
Available for sale investment securities:
Equity securities	47,623		—		—		47,623
U.S. Government securities	—		200		—		200
U.S. Government sponsored agency securities	—		214		—		214
State and municipal securities	—		245,215		—		245,215
Corporate debt securities	—		90,126		7,908		98,034
Collateralized mortgage obligations	—		902,313		—		902,313
Mortgage-backed securities	—		928,831		—		928,831
Auction rate securities	—		—		100,941		100,941
Total available for sale investments	47,623		2,166,899		108,849		2,323,371
Other assets	17,682		21,305		—		38,987
Total assets	$	65,305	$	2,205,726	$	108,849	$	2,379,880
Other liabilities	$	17,737	$	21,084	$	—	$	38,821

The valuation techniques used to measure fair value for the items in the preceding tables are as follows:

• Mortgage loans held for sale – This category consists of mortgage loans held for sale that the Corporation has elected to measure at fair value. Fair values as of June 30, 2015 and December 31, 2014 were measured based on the price that secondary market investors were offering for loans with similar characteristics. See Note 10, "Fair Value Option" for details related to the Corporation’s election to measure assets and liabilities at fair value.

• Available for sale investment securities – Included within this asset category are both equity and debt securities. Level 2 available for sale debt securities are valued by a third-party pricing service commonly used in the banking industry. The pricing service uses pricing models that vary based on asset class and incorporate available market information, including quoted prices of investment securities with similar characteristics. Because many fixed income securities do not trade on a daily basis, pricing models use available information, as applicable, through processes such as benchmark yield curves, benchmarking of like securities, sector groupings, and matrix pricing.

Standard market inputs include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data, including market research publications. For certain security types, additional inputs may be used, or some of the standard market inputs may not be applicable.

Management tests the values provided by the pricing service by obtaining securities prices from an alternative third-party source and comparing the results. This test is done for approximately 80% of the securities valued by the pricing service. Generally, differences by security in excess of 5% are researched to reconcile the difference.

• Equity securities – Equity securities consist of common stocks of financial institutions ($27.2 million at June 30, 2015 and $41.8 million at December 31, 2014) and other equity investments ($5.8 million at both June 30, 2015 and December 31, 2014). These Level 1 investments are measured at fair value based on quoted prices for identical securities in active markets.

• U.S. Government securities/U.S. Government sponsored agency securities/State and municipal securities/Collateralized mortgage obligations/Mortgage-backed securities – These debt securities are classified as Level 2 investments. Fair values are determined by a third-party pricing service, as detailed above.

• Corporate debt securities – This category consists of subordinated debt issued by financial institutions ($49.7 million at June 30, 2015 and $50.0 million at December 31, 2014), single-issuer trust preferred securities issued by financial institutions ($43.4 million at June 30, 2015 and $42.0 million at December 31, 2014), pooled trust preferred securities issued by financial institutions ($530,000 at June 30, 2015 and $4.1 million at December 31, 2014) and other corporate debt issued by non-financial institutions ($3.5 million at June 30, 2015 and $1.9 million at December 31, 2014).

Level 2 investments include the Corporation’s holdings of subordinated debt, other corporate debt issued by non-financial institutions and $39.6 million and $38.2 million of single-issuer trust preferred securities held at June 30, 2015 and December 31, 2014, respectively. The fair values for these corporate debt securities are determined by a third-party pricing service, as detailed above.

Level 3 investments include the Corporation’s investments in pooled trust preferred securities and certain single-issuer trust preferred securities ($3.8 million at June 30, 2015 and December 31, 2014). The fair values of these securities were determined based on quotes provided by third-party brokers who determined fair values based predominantly on internal valuation models which were not indicative prices or binding offers. The Corporation’s third-party pricing service cannot derive fair values for these securities primarily due to inactive markets for similar investments. Level 3 values are tested by management primarily through trend analysis, by comparing current values to those reported at the end of the preceding calendar quarter, and determining if they are reasonable based on price and spread movements for this asset class.

• Auction rate securities – Due to their illiquidity, ARCs are classified as Level 3 investments and are valued through the use of an expected cash flows model prepared by a third-party valuation expert. The assumptions used in preparing the expected cash flows model include estimates for coupon rates, time to maturity and market rates of return. The most significant unobservable input to the expected cash flows model is an assumed return to market liquidity sometime within the next five years. If the assumed return to market liquidity was lengthened beyond the next five years, this would result in a decrease in the fair value of these ARCs. The Corporation believes that the trusts underlying the ARCs will self-liquidate as student loans are repaid. Level 3 values are tested by management through the performance of a trend analysis of the market price and discount rate. Changes in the price and discount rates are compared to changes in market data, including bond ratings, parity ratios, balances and delinquency levels.

Other assets – Included within this category are the following:

• Level 1 assets include mutual funds that are held in trust for employee deferred compensation plans ($16.8 million at June 30, 2015 and $16.4 million at December 31, 2014) and the fair value of foreign currency exchange contracts ($1.2 million at June 30, 2015 and $1.3 million at December 31, 2014). The mutual funds and foreign exchange prices used to measure these items at fair value are based on quoted prices for identical instruments in active markets.

• Level 2 assets include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($3.0 million at June 30, 2015 and $1.4 million at December 31, 2014) and the fair value of interest rate swaps ($19.6 million at June 30, 2015 and $19.9 million at December 31, 2014). The fair values of the Corporation’s interest rate locks, forward commitments and interest rate swaps represent the amounts that would be required to settle the derivative financial instruments at the balance sheet date. See Note 9, "Derivative Financial Instruments," for additional information.

• Other liabilities – Included within this category are the following:

• Level 1 liabilities include employee deferred compensation liabilities which represent amounts due to employees under deferred compensation plans ($16.8 million at June 30, 2015 and $16.4 million at December 31, 2014) and the fair value of foreign currency exchange contracts ($1.0 million at June 30, 2015 and $1.3 million at December 31, 2014). The fair value of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

• Level 2 liabilities include the fair value of mortgage banking derivatives in the form of interest rate locks and forward commitments with secondary market investors ($72,000 at June 30, 2015 and $1.2 million at December 31, 2014) and the fair value of interest rate swaps ($19.6 million at June 30, 2015 and $19.9 million at December 31, 2014). The fair values of these liabilities are determined in the same manner as the related assets, as described under the heading "Other assets" above.

The following table presents the changes in the Corporation’s available for sale investment securities measured at fair value on a recurring basis using unobservable inputs (Level 3):

	Three months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at March 31, 2015	$	1,084		$	3,820		$	98,932
Sales	(554		)	—			—
Unrealized adjustment to fair value (1)	—			(2		)	(420		)
Discount accretion (2)	—			2			94
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Three months ended June 30, 2014
Balance at March 31, 2014	$	5,659		$	3,820		$	147,713
Sales	(1,394		)	—			—
Unrealized adjustment to fair value (1)	38			(2		)	124
Settlements - calls	(28		)	—			(1,081		)
Discount accretion (2)	—			2			175
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931
	Six months ended June 30, 2015
	Pooled Trust Preferred Securities			Single-issuer Trust Preferred Securities			ARCs
	(in thousands)
Balance at December 31, 2014	$	4,088		$	3,820		$	100,941
Sales	(3,633		)	—			—
Unrealized adjustment to fair value (2)	190			(4		)	(88		)
Settlements - calls	(117		)	—			(2,446		)
Discount accretion (3)	2			4			199
Balance at June 30, 2015	$	530		$	3,820		$	98,606
	Six months ended June 30, 2014
Balance at December 31, 2013	$	5,306		$	3,781		$	159,274
Sales	(1,394		)	—			(11,912		)
Unrealized adjustment to fair value (2)	559			36			248
Settlements - calls	(200		)	—			(1,081		)
Discount accretion (3)	4			3			402
Balance at June 30, 2014	$	4,275		$	3,820		$	146,931

(1) Pooled trust preferred securities, single-issuer trust preferred securities and ARCs are classified as available for sale investment securities; as such, the unrealized adjustment to fair value was recorded as an unrealized holding gain (loss) and included as a component of available for sale investment securities on the consolidated balance sheets.

(2) Included as a component of net interest income on the consolidated statements of income.

Certain financial assets are not measured at fair value on an ongoing basis, but are subject to fair value measurement in certain circumstances, such as upon their acquisition or when there is evidence of impairment. The following table presents the Corporation’s financial assets measured at fair value on a nonrecurring basis and reported on the Corporation’s consolidated balance sheets:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	145,058	$	145,058
Other financial assets	—		—		54,361		54,361
Total assets	$	—	$	—	$	199,419	$	199,419

	December 31, 2014
	Level 1		Level 2		Level 3		Total
	(in thousands)
Net loans	$	—	$	—	$	127,834	$	127,834
Other financial assets	—		—		54,170		54,170
Total assets	$	—	$	—	$	182,004	$	182,004

The valuation techniques used to measure fair value for the items in the table above are as follows:

• Net loans – This category consists of loans that were evaluated for impairment under FASB ASC Section 310-10-35 and have been classified as Level 3 assets. The amount shown is the balance of impaired loans, net of the related allowance for loan losses. See Note 5, "Loans and Allowance for Credit Losses," for additional details.

• Other financial assets – This category includes OREO ($12.8 million at June 30, 2015 and $12.0 million at December 31, 2014) and MSRs ($41.6 million at June 30, 2015 and $42.1 million at December 31, 2014), both classified as Level 3 assets.

Fair values for OREO were based on estimated selling prices less estimated selling costs for similar assets in active markets.

MSRs are initially recorded at fair value upon the sale of residential mortgage loans to secondary market investors. MSRs are amortized as a reduction to servicing income over the estimated lives of the underlying loans. MSRs are stratified and evaluated for impairment by comparing each stratum's carrying amount to its estimated fair value. Fair values are determined at the end of each quarter through a discounted cash flows valuation performed by a third-party valuation expert. Significant inputs to the valuation included expected net servicing income, the discount rate and the expected life of the underlying loans. Expected life is based on the contractual terms of the loans, as adjusted for prepayment projections. The weighted average annual constant prepayment rate and the weighted average discount rate used in the June 30, 2015 valuation were 11.3% and 9.6%, respectively. Management tests the reasonableness of the significant inputs to the third-party valuation in comparison to market data.

As required by FASB ASC Section 825-10-50, the following table details the book values and estimated fair values of the Corporation’s financial instruments as of June 30, 2015 and December 31, 2014. In addition, a general description of the methods and assumptions used to estimate such fair values is also provided.

	June 30, 2015				December 31, 2014
	Book Value		Estimated Fair Value		Book Value		Estimated Fair Value
	(in thousands)
FINANCIAL ASSETS
Cash and due from banks	$	100,455	$	100,455	$	105,702	$	105,702
Interest-bearing deposits with other banks	322,218		322,218		358,130		358,130
Federal Reserve Bank and Federal Home Loan Bank stock	65,106		65,106		64,953		64,953
Loans held for sale (1)	33,980		33,980		17,522		17,522
Available for sale investment securities (1)	2,440,492		2,440,492		2,323,371		2,323,371
Loans, net of unearned income (1)	13,244,230		13,129,521		13,111,716		13,030,543
Accrued interest receivable	41,193		41,193		41,818		41,818
Other financial assets (1)	157,792		157,792		169,764		169,764
FINANCIAL LIABILITIES
Demand and savings deposits	$	10,501,956	$	10,501,956	$	10,296,055	$	10,296,055
Time deposits	3,003,753		2,999,352		3,071,451		3,069,883
Short-term borrowings	409,035		409,035		329,719		329,719
Accrued interest payable	15,172		15,172		18,045		18,045
Other financial liabilities (1)	175,220		175,220		172,786		172,786
Federal Home Loan Bank advances and long-term debt	1,132,641		1,152,810		1,139,413		1,142,980

(1) These financial instruments, or certain financial instruments within these categories, are measured at fair value on the Corporation’s consolidated balance sheets. Descriptions of the fair value determinations for these financial instruments are disclosed above.

Fair values of financial instruments are significantly affected by the assumptions used, principally the timing of future cash flows and discount rates. Because assumptions are inherently subjective in nature, the estimated fair values cannot be substantiated by comparison to independent market quotes and, in many cases, the estimated fair values could not necessarily be realized in an immediate sale or settlement of the instrument. The aggregate fair value amounts presented do not necessarily represent management’s estimate of the underlying value of the Corporation.

For short-term financial instruments, defined as those with remaining maturities of 90 days or less, and excluding those recorded at fair value on the Corporation’s consolidated balance sheets, book value was considered to be a reasonable estimate of fair value.

The following instruments are predominantly short-term:

Assets	Liabilities
Cash and due from banks	Demand and savings deposits
Interest bearing deposits with other banks	Short-term borrowings
Accrued interest receivable	Accrued interest payable

Federal Reserve Bank and Federal Home Loan Bank stock represent restricted investments and are carried at cost on the consolidated balance sheets. Each of the Corporation’s subsidiary banks is a member of the Federal Home Loan Bank for the region encompassing the headquarters of the subsidiary bank.  Memberships are maintained with the Atlanta, New York and Pittsburgh regional Federal Home Loan Banks (collectively referred to as the "FHLB").

Fair values for loans and time deposits were estimated by discounting future cash flows using the current rates at which similar loans would be made to borrowers and similar deposits would be issued to customers for the same remaining maturities. Fair values estimated in this manner do not fully incorporate an exit price approach to fair value, as defined in FASB ASC Topic 820.

The fair values of FHLB advances and long-term debt were estimated by discounting the remaining contractual cash flows using a rate at which the Corporation could issue debt with similar remaining maturities as of the balance sheet date. These borrowings would be categorized within Level 2 liabilities under FASB ASC Topic 820.

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Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Changes in other comprehensive income [Table Text Block]

The following table presents changes in other comprehensive income:

	Before-Tax Amount			Tax Effect			Net of Tax Amount
	(in thousands)
Three months ended June 30, 2015
Unrealized loss on securities	$	(18,474	)	$	6,466		$	(12,008	)
Reclassification adjustment for securities gains included in net income (1)	(2,413		)	844			(1,569		)
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	717			(251		)	466
Total Other Comprehensive Loss	$	(20,118	)	$	7,041		$	(13,077	)
Three months ended June 30, 2014
Unrealized gain on securities	$	19,984		$	(6,994	)	$	12,990
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Non-credit related unrealized gains on other-than-temporarily impaired debt securities	497			(174		)	323
Unrealized gain on derivative financial instruments	52			(18		)	34
Amortization of net unrecognized pension and postretirement items (2)	160			(56		)	104
Total Other Comprehensive Income	$	19,581		$	(6,853	)	$	12,728
Six months ended June 30, 2015
Unrealized loss on securities	$	(3,103	)	$	1,087		$	(2,016	)
Reclassification adjustment for securities gains included in net income (1)	(6,558		)	2,294			(4,264		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	192			(67		)	125
Unrealized gain on derivative financial instruments	104			(36		)	68
Amortization of net unrecognized pension and postretirement items (2)	1,434			(502		)	932
Total Other Comprehensive Loss	$	(7,931	)	$	2,776		$	(5,155	)
Six months ended June 30, 2014
Unrealized gain on securities	$	41,419		$	(14,496	)	$	26,923
Reclassification adjustment for securities gains included in net income (1)	(1,112		)	389			(723		)
Reclassification adjustment for postretirement gains included in net income (2)	(1,452		)	508			(944		)
Non-credit related unrealized gains (losses) on other-than-temporarily impaired debt securities	788			(276		)	512
Unrealized gain on derivative financial instruments	105			(37		)	68
Unrecognized pension and postretirement income	3,291			(1,147		)	2,144
Amortization of net unrecognized pension and postretirement items (2)	309			(109		)	200
Total Other Comprehensive Income	$	43,348		$	(15,168	)	$	28,180

(1) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Investment securities gains, net" on the consolidated statements of income. See Note 4, "Investment Securities," for additional details.

(2) Amounts reclassified out of accumulated other comprehensive income. Before-tax amounts included within "Salaries and employee benefits" on the consolidated statements of income. See Note 8, "Employee Benefit Plans," for additional details.

Changes in each component of accumulated other comprehensive income [Table Text Block]

The following table presents changes in each component of accumulated other comprehensive income, net of tax:

	Unrealized Gains (Losses) on Investment Securities Not Other-Than-Temporarily Impaired			Unrealized Non-Credit Gains (Losses) on Other-Than-Temporarily Impaired Debt Securities			Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps			Unrecognized Pension and Postretirement Plan Income (Costs)			Total
	(in thousands)
Three months ended June 30, 2015
Balance at March 31, 2015	$	14,311		$	440		$	(2,512	)	$	(22,039	)	$	(9,800	)
Other comprehensive loss before reclassifications	(12,008		)	—			—			—			(12,008		)
Amounts reclassified from accumulated other comprehensive income (loss)	(1,473		)	(96		)	34			466			(1,069		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Three months ended June 30, 2014
Balance at March 31, 2014	$	(13,577	)	$	1,841		$	(2,648	)	$	(7,505	)	$	(21,889	)
Other comprehensive income before reclassifications	12,990			323			—			—			13,313
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	34			104			(585		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)
Six months ended June 30, 2015
Balance at December 31, 2014	$	5,980		$	1,349		$	(2,546	)	$	(22,505	)	$	(17,722	)
Other comprehensive income (loss) before reclassifications	(2,016		)	125			—			—			(1,891		)
Amounts reclassified from accumulated other comprehensive income (loss)	(3,134		)	(1,130		)	68			932			(3,264		)
Balance at June 30, 2015	$	830		$	344		$	(2,478	)	$	(21,573	)	$	(22,877	)
Six months ended June 30, 2014
Balance at December 31, 2013	$	(27,510	)	$	1,652		$	(2,682	)	$	(8,801	)	$	(37,341	)
Other comprehensive income before reclassifications	26,923			512			—			2,144			29,579
Amounts reclassified from accumulated other comprehensive income (loss)	7			(730		)	68			(744		)	(1,399		)
Balance at June 30, 2014	$	(580	)	$	1,434		$	(2,614	)	$	(7,401	)	$	(9,161	)

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Loans and Allowance for Credit Losses Summary Of Gross Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	$ 13,258,311	$ 13,124,093
Unearned income	(14,081)	(12,377)
Loans, net of unearned income	13,244,230	13,111,716	$ 12,839,511
Real-estate commercial mortage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	5,237,800	5,197,155
Loans, net of unearned income	5,237,800	5,197,155	5,128,734
Commercial - industrial, financial, and agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	3,806,699	3,725,567
Loans, net of unearned income	3,806,699	3,725,567	3,601,721
Real-estate - home equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	1,689,688	1,736,688
Loans, net of unearned income	1,689,688	1,736,688	1,730,497
Real-estate - residential mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	1,369,103	1,377,068
Loans, net of unearned income	1,369,103	1,377,068	1,361,976
Real-estate - construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	731,925	690,601
Loans, net of unearned income	731,925	690,601	634,018
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	272,494	265,431
Loans, net of unearned income	272,494	265,431	$ 280,557
Leasing and other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	147,960	127,562
Overdrafts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross of unearned income	$ 2,642	$ 4,021

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Accumulated Other Comprehensive Income Components of Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	$ (9,800)	$ (21,889)	$ (17,722)	$ (37,341)
Other comprehensive loss before reclassifications	(12,008)	13,313	(1,891)	29,579
Amounts reclassified from accumulated other comprehensive income (loss)	(1,069)	(585)	(3,264)	(1,399)
Ending Balance	(22,877)	(9,161)	(22,877)	(9,161)
Unrealized Gains on Investment Securities Not Other-Than-Temporarily Impaired [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	14,311	(13,577)	5,980	(27,510)
Other comprehensive loss before reclassifications	(12,008)	12,990	(2,016)	26,923
Amounts reclassified from accumulated other comprehensive income (loss)	(1,473)	7	(3,134)	7
Ending Balance	830	(580)	830	(580)
Unrealized Non-Credit Losses on Other-Than-Temporarily Impaired Debt Securities [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	440	1,841	1,349	1,652
Other comprehensive loss before reclassifications	0	323	125	512
Amounts reclassified from accumulated other comprehensive income (loss)	(96)	(730)	(1,130)	(730)
Ending Balance	344	1,434	344	1,434
Unrealized Effective Portions of Losses on Forward-Starting Interest Rate Swaps [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(2,512)	(2,648)	(2,546)	(2,682)
Other comprehensive loss before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	34	34	68	68
Ending Balance	(2,478)	(2,614)	(2,478)	(2,614)
Unrecognized Pension and Postretirement Plan Income (Costs) [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(22,039)	(7,505)	(22,505)	(8,801)
Other comprehensive loss before reclassifications	0	0	0	2,144
Amounts reclassified from accumulated other comprehensive income (loss)	466	104	932	(744)
Ending Balance	$ (21,573)	$ (7,401)	$ (21,573)	$ (7,401)

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Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net Income	$ 36,680	$ 39,596	$ 76,716	$ 81,379
Other Comprehensive Income (Loss), net of tax:
Unrealized gain (loss) on securities	(12,008)	12,990	(2,016)	26,923
Reclassification adjustment for postretirement amendment gains included in net income	0	0	0	(944)
Reclassification adjustment for securities gains included in net income	(1,569)	(723)	(4,264)	(723)
Non-credit related unrealized gain on other-than-temporarily impaired debt securities	0	323	125	512
Unrealized gain on derivative financial instruments	34	34	68	68
Unrecognized postretirement income arising due to plan amendment	0	0	0	2,144
Amortization of net unrecognized pension and postretirement items	466	104	932	200
Other Comprehensive Income (Loss)	(13,077)	12,728	(5,155)	28,180
Total Comprehensive Income	$ 23,603	$ 52,324	$ 71,561	$ 109,559

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Net Income Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Net Income Per Share

Net Income Per Share

Basic net income per share is calculated as net income divided by the weighted average number of shares outstanding.

Diluted net income per share is calculated as net income divided by the weighted average number of shares outstanding plus the incremental number of shares added as a result of converting common stock equivalents, calculated using the treasury stock method. The Corporation’s common stock equivalents consist of outstanding stock options, restricted stock, restricted stock units ("RSUs") and performance based restricted stock units ("PSUs"). PSUs are required to be included in weighted average shares outstanding if performance measures, as defined in each PSU award agreement, are met as of the end of the period.

A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows:

	Three months ended June 30		Six months ended June 30
	2015	2014	2015	2014
	(in thousands)
Weighted average shares outstanding (basic)	176,433	188,139	177,446	188,799
Impact of common stock equivalents	1,098	1,043	1,042	1,033
Weighted average shares outstanding (diluted)	177,531	189,182	178,488	189,832

For the three and six months ended June 30, 2015, 1.8 million and 2.0 million stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive. For the three and six months ended June 30, 2014, 3.3 million and 3.2 million stock options, respectively, were excluded from the diluted net income per share computation as their effect would have been anti-dilutive.

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Loans and Allowance for Credit Losses Non-Performing Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Receivables [Abstract]
Non-accrual loans	$ 129,152	$ 121,080
Accruing loans 90 days or more past due	20,353	17,402
Total non-performing loans	149,505	138,482
Other real estate owned (OREO)	12,763	12,022
Total non-performing assets	$ 162,268	$ 150,504

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Fair Value Option Summary of Corporation's Mortgage Loans Held for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans Held-for-sale, Mortgages	$ 33,980		$ 33,980		$ 17,522
Mortgage Loans Held For Sale [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Gain (loss) in fair values of mortgage loans held for sale	(483)	$ 518	(222)	$ 815
Mortgage Loans Held For Sale [Member] | Cost [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans Held-for-sale, Mortgages	33,760		33,760		17,080
Mortgage Loans Held For Sale [Member] | Fair Value [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans Held-for-sale, Mortgages	$ 33,980		$ 33,980		$ 17,522

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Investment Securities (Tables)

6 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Schedule of Amortized Cost and Fair Values of Investment Securities

The following table presents the amortized cost and estimated fair values of investment securities, which were all classified as available for sale:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
June 30, 2015
Equity securities	$	23,981	$	9,072	$	(12	)	$	33,041
U.S. Government sponsored agency securities	48,333		57		(130		)	48,260
State and municipal securities	231,592		5,312		(387		)	236,517
Corporate debt securities	98,756		3,183		(4,767		)	97,172
Collateralized mortgage obligations	931,093		4,932		(17,793		)	918,232
Mortgage-backed securities	998,418		14,112		(3,866		)	1,008,664
Auction rate securities	106,504		—		(7,898		)	98,606
	$	2,438,677	$	36,668	$	(34,853	)	$	2,440,492

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(in thousands)
December 31, 2014
Equity securities	$	33,469	$	14,167	$	(13	)	$	47,623
U.S. Government securities	200		—		—			200
U.S. Government sponsored agency securities	209		5		—			214
State and municipal securities	238,250		7,231		(266		)	245,215
Corporate debt securities	99,016		5,126		(6,108		)	98,034
Collateralized mortgage obligations	917,395		5,705		(20,787		)	902,313
Mortgage-backed securities	914,797		16,978		(2,944		)	928,831
Auction rate securities	108,751		—		(7,810		)	100,941
	$	2,312,087	$	49,212	$	(37,928	)	$	2,323,371

Schedule of Amortized Cost and Fair Values of Debt Securities by Contractual Maturities

The amortized cost and estimated fair values of debt securities as of June 30, 2015, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Amortized Cost		Estimated Fair Value
	(in thousands)
Due in one year or less		$	57,382	$	58,372
Due from one year to five years		104,022		106,663
Due from five years to ten years		148,682		151,430
Due after ten years		175,099		164,090
		485,185		480,555
Collateralized mortgage obligations		931,093		918,232
Mortgage-backed securities		998,418		1,008,664
		$	2,414,696	$	2,407,451

Summary of Gains and Losses from Equity and Debt Securities, and Losses Recognized from Other-than-Temporary Impairment

The following table presents information related to the gross realized gains and losses on the sales of equity and debt securities:

	Gross Realized Gains		Gross Realized Losses			Other-than- temporary Impairment Losses			Net Gains (Losses)
Three months ended June 30, 2015	(in thousands)
Equity securities	$	2,290	$	—		$	—		$	2,290
Debt securities	125		—			—			125
Total	$	2,415	$	—		$	—		$	2,415
Three months ended June 30, 2014
Equity securities	$	—	$	—		$	(12	)	$	(12	)
Debt securities	1,124		—			—			1,124
Total	$	1,124	$	—		$	(12	)	$	1,112
Six months ended June 30, 2015
Equity securities	$	4,260	$	—		$	—		$	4,260
Debt securities	2,300		—			—			2,300
Total	$	6,560	$	—		$	—		$	6,560
Six months ended June 30, 2014
Equity securities	$	1	$	—		$	(12	)	$	(11	)
Debt securities	1,446		(323		)	—			1,123
Total	$	1,447	$	(323	)	$	(12	)	$	1,112

Summary Of Other Than Temporary Impairment Charges Recorded In Statement Of Operations [Table Text Block]

The following table presents a summary of the cumulative credit related other-than-temporary impairment charges, recognized as components of earnings, for debt securities held by the Corporation at June 30, 2015 and 2014:

	Three months ended June 30						Six months ended June 30
	2015			2014			2015			2014
	(in thousands)
Balance of cumulative credit losses on debt securities, beginning of period	$	(12,302	)	$	(19,961	)	$	(16,242	)	$	(20,691	)
Reductions for securities sold during the period	792			2,746			4,730			3,472
Reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security	—			1			2			5
Balance of cumulative credit losses on debt securities, end of period	$	(11,510	)	$	(17,214	)	$	(11,510	)	$	(17,214	)

Gross Unrealized Losses and Fair Values of Investments by Category and Length of Time in Continuous Unrealized Loss Position

The following table presents the gross unrealized losses and estimated fair values of investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2015:

	Less than 12 months					12 months or longer					Total
	Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses			Estimated Fair Value		Unrealized Losses
	(in thousands)
U.S. Government sponsored agency securities	$	28,051	$	(130	)	$	—	$	—		$	28,051	$	(130	)
State and municipal securities	34,107		(387		)	—		—			34,107		(387		)
Corporate debt securities	7,965		(13		)	35,229		(4,754		)	43,194		(4,767		)
Collateralized mortgage obligations	95,315		(651		)	517,338		(17,142		)	612,653		(17,793		)
Mortgage-backed securities	306,980		(2,498		)	69,029		(1,368		)	376,009		(3,866		)
Auction rate securities	—		—			98,606		(7,898		)	98,606		(7,898		)
Total debt securities	472,418		(3,679		)	720,202		(31,162		)	1,192,620		(34,841		)
Equity securities	—		—			78		(12		)	78		(12		)
	$	472,418	$	(3,679	)	$	720,280	$	(31,174	)	$	1,192,698	$	(34,853	)

Summary of Amortized Cost and Fair Values of Corporate Debt Securities

The following table presents the amortized cost and estimated fair value of corporate debt securities:

	June 30, 2015				December 31, 2014
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
	(in thousands)
Single-issuer trust preferred securities	$	47,613	$	43,378	$	47,569	$	42,016
Subordinated debt	47,595		49,716		47,530		50,023
Pooled trust preferred securities	—		530		2,010		4,088
Corporate debt securities issued by financial institutions	95,208		93,624		97,109		96,127
Other corporate debt securities	3,548		3,548		1,907		1,907
Available for sale corporate debt securities	$	98,756	$	97,172	$	99,016	$	98,034

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Fair Value Measurements Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	$ 145,058	$ 127,834
Other financial assets	54,361	54,170
Assets, Fair Value Disclosure	199,419	182,004
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	0	0
Other financial assets	0	0
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	0	0
Other financial assets	0	0
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net loans	145,058	127,834
Other financial assets	54,361	54,170
Assets, Fair Value Disclosure	$ 199,419	$ 182,004

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Net Income Per Share Reconciliation of Weighted Average Common Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average shares outstanding (basic)	176,433	188,139	177,446	188,799
Impact of common stock equivalents	1,098	1,043	1,042	1,033
Weighted average shares outstanding (diluted)	177,531	189,182	178,488	189,832

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Commitments

The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers.

Those financial instruments include commitments to extend credit and letters of credit, which involve, to varying degrees, elements of credit risk and interest rate risk in excess of the amounts recognized on the Corporation’s consolidated balance sheets. Exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the outstanding amount of those instruments.

The outstanding amounts of commitments to extend credit and letters of credit were as follows:

	June 30, 2015		December 31, 2014
	(in thousands)
Commitments to extend credit	$	5,071,983	$	4,389,064
Standby letters of credit	387,996		382,465
Commercial letters of credit	35,769		32,304

The Corporation records a reserve for unfunded lending commitments, which represents management’s estimate of losses associated with unused commitments to extend credit. See Note 5, "Loans and Allowance for Credit Losses," for additional details.

Residential Lending

Residential mortgages originated and sold by the Corporation consist primarily of conforming, prime loans sold to government sponsored agencies, such as the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"). The Corporation also sells a portion of prime loans to non-government sponsored agency investors.

The Corporation provides customary representations and warranties to investors that specify, among other things, that the loans have been underwritten to the standards established by the investor. The Corporation may be required to repurchase a loan, or reimburse the investor for a credit loss incurred on a loan, if it is determined that the representations and warranties have not been met. Such repurchases or reimbursements generally result from an underwriting or documentation deficiency. As of June 30, 2015 and December 31, 2014, total outstanding repurchase requests were $918,000 and $543,000, respectively.

From 2000 to 2011, the Corporation sold loans to the Federal Home Loan Bank of Pittsburgh under its Mortgage Partnership Finance Program ("MPF Program"). No loans were sold under this program during the six months ended June 30, 2015 or 2014. The Corporation provided a "credit enhancement" for residential mortgage loans sold under the MPF Program whereby it would assume credit losses in excess of a defined "First Loss Account," or "FLA" balance, up to specified amounts. The FLA is funded by the Federal Home Loan Bank of Pittsburgh based on a percentage of the outstanding principal balance of loans sold. As of June 30, 2015, the unpaid principal balance of loans sold under the MPF Program was approximately $140 million. As of June 30, 2015 and December 31, 2014, the reserve for estimated credit losses related to loans sold under the MPF Program was $2.1 million and $2.3 million, respectively. Required reserves are calculated based on delinquency status and estimated loss rates established through the Corporation's existing allowance for credit losses methodology for residential mortgage loans.

As of June 30, 2015 and December 31, 2014, the total reserve for losses on residential mortgage loans sold was $2.9 million and $3.2 million, respectively, including both reserves for credit losses under the MPF Program and reserves for representation and warranty exposures. Management believes that the reserves recorded as of June 30, 2015 are adequate. However, declines in collateral values, the identification of additional loans to be repurchased, or a deterioration in the credit quality of loans sold under the MPF Program could necessitate additional reserves, established through charges to earnings, in the future.

Other Contingencies

The Corporation and its subsidiaries are involved in various legal proceedings in the ordinary course of business of the Corporation. The Corporation periodically evaluates the possible impact of pending litigation matters based on, among other factors, the advice of counsel, available insurance coverage and recorded liabilities and reserves for probable legal liabilities and costs. In addition, from time to time, the Corporation is the subject of investigations or other forms of regulatory or governmental inquiry covering a range of possible issues and, in some cases, these may be part of similar reviews of the specified activities of other industry participants. These inquiries could lead to administrative, civil or criminal proceedings, and could possibly result in fines, penalties, restitution or the need to alter the Corporation’s business practices, and cause the Corporation to incur additional costs. The Corporation’s practice is to cooperate fully with regulatory and governmental investigations. Refer also to Part II. Other Information, Item 1. Legal Proceedings.