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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:          
Loans     $ 1,478,765 $ 1,459,720 $ 1,458,706
Money market investments     51,495 16,428 7,243
Investment securities     191,197 152,011 126,064
Trading account securities     4,487 6,414 11,001
Total interest income     1,725,944 1,634,573 1,603,014
Interest expense:          
Deposits     141,864 127,577 107,533
Short-term borrowings     5,724 7,812 7,512
Long-term debt     76,392 77,129 78,986
Total interest expense     223,980 212,518 194,031
Net interest income     1,501,964 1,422,055 1,408,983
Provision for loan losses     325,424 170,016 241,478
Net interest income after provision for loan losses     1,176,540 1,252,039 1,167,505
Service charges on deposit accounts     153,709 160,836 160,108
Other service fees     217,267 234,770 236,090
Mortgage banking activities     25,496 56,538 81,802
Sale and valuation adjustments of investment securities     334 1,962 141
Other-than-temporary impairment on investment securities     (8,299) (209) (14,445)
Trading account profit     (817) (785) (4,723)
Net (loss) gain on sale of loans, including valuation adjustments on loans held-for-sale     (420) 8,245 542
Adjustments (expense) to indemnity reserves on loans sold     (22,377) (17,285) (18,628)
FDIC loss share (expense) income     (10,066) (207,779) 20,062
Other operating income     64,340 61,643 58,592
Total non-interest income     419,167 297,936 519,541
Operating expenses:          
Personnel costs     484,230 487,476 477,519
Net occupancy expenses     89,194 85,653 86,888
Equipment expenses     65,142 62,225 60,110
Other taxes     43,382 42,304 39,797
Professional Fees     292,488 323,043 308,985
Communications     22,466 23,897 25,146
Business promotion     58,445 53,014 52,076
FDIC deposit insurance     26,392 24,512 27,626
Other real estate owned (O R E O) expenses     48,540 47,119 85,568
Other operating expenses     117,539 90,447 95,075
Amortization of intangibles     9,378 12,144 11,019
Goodwill impairment charge     0 3,801 0
Restructuring Costs     0 0 18,412
Total operating expenses     1,257,196 1,255,635 1,288,221
Income from continuing operations before income tax     338,511 294,340 398,825
Income tax expense     230,830 78,784 (495,172)
Income from continuing operations     107,681 215,556 893,997
Income from discontinued operations, net of tax     0 1,135 1,347
Net Income     107,681 216,691 895,344
Net income applicable to common stock     $ 103,958 $ 212,968 $ 891,621
Net income from continuing operations - Basic     $ 1.02 $ 2.05 $ 8.65
Net income from discontinued operations - Basic     0 0.01 0.01
Net Income per Common Share - Basic     1.02 2.06 8.66
Net income from continuing operations - Diluted     1.02 2.05 8.64
Net income from discontinued operations - Diluted     0 0.01 0.01
Net Income per Common Share - Diluted     1.02 2.06 8.65
Dividends Declared per Common Share $ 0.25 $ 0.15 $ 1 $ 0.6 $ 0.3
Non Covered Under Loss Sharing Agreements with FDIC          
Interest expense:          
Provision for loan losses     $ 319,682 $ 171,126 $ 217,458
Covered Under Loss Sharing Agreements With FDIC Member          
Interest expense:          
Provision for loan losses     $ 5,742 $ (1,110) $ 24,020