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Consolidated statements of cash flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 93,325 $ 83,856 $ 39,821
Adjustments to reconcile net income to net cash provided by operating activities:      
Activities of derivative financial instruments and hedging (47,678) 17,177 (6,498)
Depreciation and amortization of premises and equipment 2,269 2,139 2,471
Provision (reversal of provision) for loan losses (8,343) [1] 8,841 [1] 9,091 [1]
Reversal of provision for losses on off-balance sheet credit risk 4,046 4,448 13,926
Impairment loss on assets 0 57 0
Net gain on sale of securities available-for-sale (6,030) (3,413) (2,346)
Gain on sale of premises and equipment (5,626) 0 0
Compensation cost - compensation plans 2,271 2,311 2,099
Amortization of premium and discounts on investments 3,075 6,912 7,597
Net decrease (increase) in operating assets:      
Trading assets 14,338 29,766 (135)
Investment fund 14,537 46,866 30,284
Accrued interest receivable 349 (7,058) (5,549)
Other assets 3,786 (7,498) (24,409)
Net increase (decrease) in operating liabilities:      
Trading liabilities 26,720 1,647 786
Accrued interest payable 6,153 1,706 (1,207)
Other liabilities 2,250 1,126 30,747
Net change from discontinued operating activities (256) 200 213
Net cash provided by operating activities 97,094 180,187 69,039
Cash flows from investing activities:      
Net decrease (increase) in pledged deposits 9,475 (7,919) 6,507
Net decrease (increase) in deposits with original maturities greater than three months 30,000 (30,000) 0
Net increase in loans (909,019) (901,103) (1,308,935)
Proceeds from the sale of loans 146,211 9,261 20,000
Acquisition of equipment and leasehold improvements (10,823) (2,220) (1,281)
Proceeds from the sale of premises and equipment 8,023 0 0
Proceeds from the redemption of securities available-for-sale 15,277 19,484 33,074
Proceeds from the sale of securities available-for-sale 254,772 264,997 151,267
Proceeds from the redemption of securities held to maturity 7,050 13,500 0
Purchases of investments available-for-sale (39,982) (364,993) (93,009)
Purchases of investments held-to-maturity (14,811) (7,050) (33,196)
Net change from discontinued investing activities (3) (88) (12)
Net cash used in investing activities (503,830) (1,006,131) (1,225,585)
Cash flows from financing activities:      
Net increase in due to depositors 13,754 482,581 564,679
Net increase (decrease) in short-term borrowings and securities sold under repurchase agreements (93,071) 340,141 961,195
Proceeds from borrowings and long-term debt 817,827 824,139 212,960
Repayments of borrowings and long-term debt (399,835) (411,731) (528,207)
Dividends paid (39,714) (29,505) (22,720)
Subscriptions of redeemable noncontrolling interest 1,773 531 9,900
Redemptions of redeemable noncontrolling interest (4,045) (14,610) (23,427)
Exercised stock options 13,136 4,101 834
Repurchase of common stock 0 0 (3)
Net cash provided by financing activities 309,825 1,195,647 1,175,211
Effect of exchange rate fluctuations on cash and cash equivalents (68) (852) 0
Net increase (decrease) in cash and cash equivalents (96,979) 368,851 18,665
Cash and cash equivalents at beginning of the year 789,490 420,639 401,974
Cash and cash equivalents at end of the year 692,511 789,490 420,639
Supplemental disclosures of cash flow information:      
Cash paid during the year for interest $ 81,307 $ 54,717 $ 46,182
[1] It includes releases of specific reserves for $7,931 thousand during 2012, $1,600 thousand during 2011, and $1,031 thousand during 2010.