Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes [Abstract]

Schedule Of Income Tax Expense (Benefit)

	Years ended December 31,
(In thousands)	2011		2010 (a)			2009 (a)
Current:
Federal	$	27,674	$	(1,588	)	$	(71,180	)
State and local		1,302		1,575			3,828
		28,976		(13	)		(67,352	)
Deferred:
Federal		28,497		12,950			14,380
State and local		478		(579	)		(452	)
		28,975		12,371			13,928
Total:
Federal		56,171		11,362			(56,800	)
State and local		1,780		996			3,376
	$	57,951	$	12,358		$	(53,424	)

(a) Certain previously reported information has been corrected to reflect the deferment of certain commercial loan fees. For more information refer to Note 1.

Reconciliation Of Income Tax Expense (Benefit)

	Years ended December 31,
	2011						2010 (a)						2009 (a)
(In thousands)	Amount			Percent			Amount			Percent			Amount			Percent
Income tax expense (benefit) at federal statutory rate	$	72,567			35.0	%	$	29,582			35.0	%	$	(45,715	)		35.0	%
Reconciliation to reported income tax expense (benefit):
(Decrease) increase in valuation allowance applicable to capital losses		(1,163	)		(0.6	)		(5,630	)		(6.7	)		4,351			(3.3	)
State and local income taxes, net of federal benefit		1,157			0.6			648			0.8			2,194			(1.7	)
Tax-exempt interest income, net		(10,052	)		(4.8	)		(10,116	)		(12.0	)		(10,126	)		7.8
Increase in cash surrender value of life insurance		(3,626	)		(1.7	)		(3,681	)		(4.4	)		(3,720	)		2.8
Other, net		(932	)		(0.5	)		1,555			1.9			(408	)		0.3
Income tax expense (benefit)	$	57,951					$	12,358					$	(53,424	)
Effective tax / tax-benefit rate					28.0	%					14.6	%					40.9	%

(a) Certain previously reported information has been corrected to reflect the deferment of certain commercial loan fees. For more information refer to Note 1.

Deferred Tax Assets And Liabilities

	At December 31,
(In thousands)	2011			2010 (a)
Deferred tax assets:
Allowance for loan and lease losses	$	97,935		$	128,390
Net operating loss and credit carry forwards		66,662			74,421
Purchase accounting and fair-value adjustments		3,834			—
Compensation and employee benefit plans		41,830			26,077
Impairment losses on securities available for sale		8,765			8,657
Net losses on derivative instruments		11,302			—
Litigation reserve and settlement		175			8,171
Other		20,368			26,620
Gross deferred tax assets		250,871			272,336
Valuation allowance		(86,277	)		(86,436	)
Total deferred tax assets, net of valuation allowance		164,594			185,900
Deferred tax liabilities:
Net unrealized gain on securities available for sale		9,058			11,923
Deferred loan costs		8,221			11,052
Premises and equipment		5,313			5,321
Equipment financing leases		8,651			13,107
Deferred income on repurchase of indebtedness		10,627			12,108
Purchase accounting and fair-value adjustments		—			2,693
Prepaid expenses		4,370			4,344
Intangible assets		6,537			5,673
Other		6,152			12,650
Gross deferred tax liabilities		58,929			78,871
Deferred tax asset, net	$	105,665		$	107,029

(a) Certain previously reported information has been corrected to reflect the deferment of certain commercial loan fees. For more information refer to Note 1.

Reconciliation Of Unrecognized Tax Benefits

	Years ended December 31,
(In thousands)	2011			2010			2009
Balance at beginning of year	$	4,816		$	6,556		$	7,991
Additions as a result of tax positions taken during the current year		462			816			1,400
Additions as a result of tax positions taken during prior years		518			1,322			528
Reductions as a result of tax positions taken during prior years		(791	)		(2,046	)		(509	)
Reductions relating to settlements with taxing authorities		—			(1,286	)		(2,854	)
Reductions as a result of lapse of statute of limitations		(569	)		(546	)		—
Balance at end of year	$	4,436		$	4,816		$	6,556