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ESTIMATED FAIR VALUES (Tables)
12 Months Ended
Dec. 31, 2012
Estimated Fair Values [Abstract]  
Estimated Fair Values For Certain Financial Assets And Financial Liabilities
For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of December 31, 2012, and 2011.

Estimated fair values of financial assets and financial liabilities are provided in the following table.
 
 
December 31, 2012
 
December 31, 2011
 
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
Fair
Value
Cash and due from banks
$
639,730

 
$
639,730

 
$
590,801

 
$
590,801

Overnight investments
443,180

 
443,180

 
434,975

 
434,975

Investment securities available for sale
5,226,228

 
5,226,228

 
4,056,423

 
4,056,423

Investment securities held to maturity
1,342

 
1,448

 
1,822

 
1,980

Loans held for sale
86,333

 
87,654

 
92,539

 
93,235

Loans covered under loss share agreements, net of allowance for loan and lease losses
1,669,263

 
1,635,878

 
2,272,891

 
2,236,343

Loans and leases not covered under loss share agreements, net of allowance for loan and lease losses
11,397,069

 
11,238,597

 
11,400,754

 
11,312,900

Receivable from FDIC for loss share agreements
270,192

 
100,161

 
617,377

 
526,252

Income earned not collected
47,666

 
47,666

 
42,216

 
42,216

Stock issued by:
 
 
 
 
 
 
 
Federal Home Loan Bank of Atlanta
36,139

 
36,139

 
41,042

 
41,042

Federal Home Loan Bank of San Francisco
10,107

 
10,107

 
12,976

 
12,976

Federal Home Loan Bank of Seattle
4,410

 
4,410

 
4,490

 
4,490

Securities issued under the TARP program
40,768

 
40,793

 

 

Deposits
18,086,025

 
18,126,893

 
17,577,274

 
17,638,359

Short-term borrowings
568,505

 
568,505

 
615,222

 
615,222

Long-term obligations
444,921

 
472,642

 
687,599

 
719,999

Payable to FDIC for loss share agreements
101,641

 
125,065

 
77,866

 
90,070

Accrued interest payable
9,353

 
9,353

 
23,719

 
23,719

Interest rate swap
10,398

 
10,398

 
10,714

 
10,714

Assets And Liabilities Carried At Fair Value On A Recurring Basis
For assets and liabilities carried at fair value on a recurring basis, the following table provides fair value information as of December 31, 2012, and 2011:
 
 
 
 
Fair value measurements using:
Description
Fair value
 
Quoted prices in
active markets for
identical assets
and liabilities
(Level 1 inputs)
 
Quoted prices for
similar assets and
liabilities
(Level 2 inputs)
 
Significant
nonobservable inputs
(Level 3 inputs)
December 31, 2012
 
 
 
 
 
 
 
Assets measured at fair value
 
 
 
 
 
 
 
Investment securities available for sale:
 
 
 
 
 
 
 
U.S. Treasury
$
823,632

 
$
823,632

 
$

 
$

Government agency
3,055,204

 
3,055,204

 

 

Corporate bonds
820

 
820

 

 

Residential mortgage-backed securities
1,329,657

 

 
1,329,657

 

Equity securities
16,365

 
16,365

 

 

State, county, municipal
550

 

 
550

 

Total
$
5,226,228

 
$
3,896,021

 
$
1,330,207

 
$

Liabilities measured at fair value
 
 
 
 
 
 
 
Interest rate swaps accounted for as cash flow hedges
$
10,398

 
$

 
$
10,398

 
$

December 31, 2011
 
 
 
 
 
 
 
Assets measured at fair value
 
 
 
 
 
 
 
Investment securities available for sale:
 
 
 
 
 
 
 
U.S. Treasury
$
887,819

 
$
887,819

 
$

 
$

Government agency
2,592,209

 
2,592,209

 

 

Corporate bonds
252,820

 
252,820

 

 

Residential mortgage-backed securities
307,221

 

 
307,221

 

Equity securities
15,313

 
15,313

 

 

State, county, municipal
1,041

 

 
1,041

 

Total
$
4,056,423

 
$
3,748,161

 
$
308,262

 
$

Liabilities measured at fair value
 
 
 
 
 
 
 
Interest rate swaps accounted for as cash flow hedges
$
10,714

 
$

 
$
10,714

 
$

Assets Measured On A Recurring Basis Using Significant Nonobservable Inputs
The following table provides additional information regarding OREO for 2012 and 2011.

 
Covered
Not covered
Total
Balance at January 1, 2011
$
112,748

$
52,842

$
165,590

Acquired in FDIC-assisted transactions
36,303


36,303

Additions
138,280

38,612

176,892

Sales
(118,738
)
(33,569
)
(152,307
)
Writedowns
(19,994
)
(7,486
)
(27,480
)
Balance at December 31, 2011
148,599

50,399

198,998

Additions
105,059

35,586

140,645

Sales
(124,435
)
(33,564
)
(157,999
)
Writedowns
(26,646
)
(8,908
)
(35,554
)
Balance at December 31, 2012
$
102,577

$
43,513

$
146,090

Assets And Liabilities Carried At Fair Value On A Nonrecurring Basis
For assets and liabilities carried at fair value on a nonrecurring basis, the following table provides fair value information as of December 31, 2012, and 2011:
 
 
 
 
Fair value measurements using:
Description
Fair value
 
Quoted prices in
active markets for
identical assets and
liabilities
(Level 1 inputs)
 
Quoted prices for
similar  assets
and liabilities
(Level 2 inputs)
 
Significant
nonobservable  inputs
(Level 3 inputs)
December 31, 2012
 
 
 
 
 
 
 
Loans held for sale
$
65,244

 
$

 
$
65,244

 
$

Impaired loans not covered by loss share agreements
51,644

 

 

 
51,644

Other real estate owned not covered by loss share agreements
21,113

 

 

 
21,113

December 31, 2011
 
 
 
 
 
 
 
Loans held for sale
63,470

 

 
63,470

 

Impaired loans not covered by loss share agreements
128,365

 

 

 
128,365

Other real estate owned not covered by loss share agreements
14,905

 

 

 
14,905

Schedule of Fair Value Measurements Of Other Real Estate Opportunites
The following table provides additional information regarding OREO for 2012 and 2011.

 
Covered
Not covered
Total
Balance at January 1, 2011
$
112,748

$
52,842

$
165,590

Acquired in FDIC-assisted transactions
36,303


36,303

Additions
138,280

38,612

176,892

Sales
(118,738
)
(33,569
)
(152,307
)
Writedowns
(19,994
)
(7,486
)
(27,480
)
Balance at December 31, 2011
148,599

50,399

198,998

Additions
105,059

35,586

140,645

Sales
(124,435
)
(33,564
)
(157,999
)
Writedowns
(26,646
)
(8,908
)
(35,554
)
Balance at December 31, 2012
$
102,577

$
43,513

$
146,090