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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 364,775 $ 24,300
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 10,000 26,000
Net gain on sales of loans (71,482) (33,754)
Net gain on sales of investments and MBS (12,592) (14,298)
Net gain on mortgage servicing rights 984 (4,253)
Other than temporary impairment 6,819 [1] 0 [1]
Stock based compensation 2,756 2,949
(Gain) loss on OREO 32 17,380
Release of DTA valuation allowance (288,842) 0
Increase in cash surrender value of BOLI (6,924) (4,804)
Depreciation and amortization 33,871 30,161
Change in:    
Accrued interest receivable 4,325 469
Prepaid expenses and other assets (23,295) 4,246
Accrued interest payable (16,116) 3,893
Accrued expenses and other liabilities 19,606 (1,279)
Proceeds from sales of loans originated for sale 1,937,131 1,394,273
Loans originated for sale (2,010,310) (1,399,822)
Net cash provided by operating activities (49,262) 45,461
Cash flows from investing activities:    
Change in restricted cash (11,042) (3,514)
Net change in loans (317,773) (254,078)
Proceeds from sales of loans 75,689 39,320
Purchase of investment securities (3,734) (9,857)
Proceeds from maturities of investment securities 18,939 478
Proceeds from sale of investment securities 179,235 30,987
Purchase of MBS (287,849) (264,156)
Principal payments received on MBS 467,792 341,827
Proceeds from sales of MBS 326,915 353,444
Proceeds from Life Insurance Policies 3,714 0
Office properties and equipment, net (14,144) (13,069)
Improvements and other changes to OREO (1,214) (5,357)
Proceeds from sales of OREO 67,200 197,528
Net change in cash and cash equivalents from acquisitions 121,098 0
Net cash provided by investing activities 624,826 413,553
Cash flows from financing activities:    
Net change in deposits (441,827) (431,767)
Proceeds from Federal Home Loan Bank Borrowings 50,000 0
Repayment of advances from FHLB (300,157) (148)
Net change in securities sold under repurchase agreements and funds purchased (113,216) 23,840
Proceeds from stock issuance, net 572 0
Dividends, Common Stock, Cash (9,322) 0
Net cash used in financing activities (813,950) (408,075)
Net change in cash and cash equivalents (238,386) 50,939
Cash and cash equivalents, beginning of period 470,599 411,583
Cash and cash equivalents, end of period 232,213 462,522
Supplemental disclosures:    
Interest 82,358 79,684
Income taxes, net 81 0
Noncash financing and investing activities:    
Foreclosed real estate acquired in settlement of loans $ 30,683 $ 159,464
[1] The other-than-temporary impairment recognized in earnings during the second quarter of 2012 did not have a portion recognized in accumulated other comprehensive income. See Note 3.