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FAIR VALUE DISCLOSURES (Tables)

6 Months Ended

Jun. 30, 2013

Assets and Liabilities Measured at Fair Value on a Recurring Basis



	June 30, 2013
	Level 1	Level 2	Level 3	Total

Assets:	(In thousands)
Available-for-sale securities:
U.S. Government agencies	$ -	$ 1,581,570	$ -	$ 1,581,570
Government agency issued residential
mortgage-backed securities	-	292,586	-	292,586
Government agency issued commercial
mortgage-backed securities	-	227,381	-	227,381
Obligations of states and
political subdivisions	-	535,337	-	535,337
Other	955	7,110	-	8,065
Mortgage servicing rights	-	-	49,001	49,001
Derivative instruments	-	-	43,337	43,337
Total	$ 955	$ 2,643,984	$ 92,338	$ 2,737,277
Liabilities:
Derivative instruments	$ -	$ -	$ 36,474	$ 36,474



	June 30, 2012
	Level 1	Level 2	Level 3	Total

Assets:	(In thousands)
Available-for-sale securities:
U.S. Government agencies	$ -	$ 1,481,060	$ -	$ 1,481,060
Government agency issued residential
mortgage-backed securities	-	360,489	-	360,489
Government agency issued commercial
mortgage-backed securities	-	35,895	-	35,895
Obligations of states and
political subdivisions	-	577,629	-	577,629
Other	673	7,085	-	7,758
Mortgage servicing rights	-	-	34,167	34,167
Derivative instruments	-	-	59,389	59,389
Total	$ 673	$ 2,462,158	$ 93,556	$ 2,556,387
Liabilities:
Derivative instruments	$ -	$ -	$ 56,567	$ 56,567

Changes in Level Three Assets and Liabilities Measured at Fair Value on a Recurring Basis



	Mortgage		Available-
	Servicing	Derivative	for-sale
	Rights	Instruments	Securities

	(In thousands)
Balance at December 31, 2012	$ 37,882	$ 2,911	$ -
Year to date net gains included in:
Net income	2,839	3,952	-
Other comprehensive income	-	-	-
Purchases, sales, issuances and settlements, net	8,280	-	-
Transfers in and/or out of Level 3	-	-	-
Balance at June 30, 2013	$ 49,001	$ 6,863	$ -
Net unrealized gains included in net income for the
quarter relating to assets and liabilities held at June 30, 2013	$ 5,252	$ 4,722	$ -



	Mortgage		Available-
	Servicing	Derivative	for-sale
	Rights	Instruments	Securities

	(In thousands)
Balance at December 31, 2011	$ 30,174	$ 342	$ -
Year to date net gains included in:
Net income (loss)	(3,608)	2,480	-
Other comprehensive income	-	-	-
Purchases, sales, issuances and settlements, net	7,601	-	-
Transfers in and/or out of Level 3	-	-	-
Balance at June 30, 2012	$ 34,167	$ 2,822	$ -
Net unrealized gains (losses) included in net income for the
quarter relating to assets and liabilities held at June 30, 2012	$ (3,837)	$ 973	$ -

Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis



	June 30, 2013
					Total
	Level 1	Level 2	Level 3	Total	Losses

Assets:	(In thousands)
Loans held for sale	$ -	$ 111,574	$ -	$ 111,574	$ -
Impaired loans	-	-	105,492	105,492	(7,965)
Other real estate owned	-	-	88,438	88,438	(24,073)



	June 30, 2012
					Total
	Level 1	Level 2	Level 3	Total	Losses

Assets:	(In thousands)
Loans held for sale	$ -	$ 108,134	$ -	$ 108,134	$ -
Impaired loans	-	-	200,377	200,377	(23,939)
Other real estate owned	-	-	143,615	143,615	(26,411)

Carrying and Fair Value Information



	June 30, 2013		December 31, 2012
	Carrying	Fair	Carrying	Fair
	Value	Value	Value	Value

Assets:	(In thousands)
Cash and due from banks	$ 268,647	$ 268,647	$ 223,814	$ 223,814
Interest bearing deposits with other banks	526,608	526,608	979,800	979,800
Available-for-sale securities	2,644,939	2,644,939	2,434,032	2,434,032
Net loans and leases	8,517,667	8,483,995	8,472,523	8,546,810
Loans held for sale	111,574	111,669	129,138	129,230

Liabilities:
Noninterest bearing deposits	2,610,768	2,610,768	2,545,169	2,545,169
Savings and interest bearing deposits	5,877,538	5,877,538	5,945,281	5,945,281
Other time deposits	2,473,312	2,502,088	2,597,696	2,634,099
Federal funds purchased and securities
sold under agreement to repurchase
and other short-term borrowings	382,871	382,208	414,611	414,399
Long-term debt and other borrowings	193,863	197,954	193,867	205,072

Derivative instruments:
Forward commitments to sell fixed rate
mortgage loans	7,001	7,001	(536)	(536)
Commitments to fund fixed rate
mortgage loans	292	292	4,081	4,081
Interest rate swap position to receive	34,913	34,913	51,517	51,517
Interest rate swap position to pay	(35,345)	(35,345)	(52,154)	(52,154)

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15

-Subparagraph b-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 18

-Subparagraph c(2), d, e, f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph a, c(1), c(2), c(3), d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 14

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 19

-Subparagraph a, b, c(1), d(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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