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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST INCOME:      
Mortgage and other loans $ 1,638,651,000 $ 1,669,871,000 $ 1,325,601,000
Securities and money market investments 228,013,000 243,923,000 309,011,000
Total interest income 1,866,664,000 1,913,794,000 1,634,612,000
INTEREST EXPENSE:      
NOW and money market accounts 39,285,000 56,991,000 33,788,000
Savings accounts 15,488,000 20,833,000 15,859,000
Certificates of deposit 102,400,000 138,716,000 163,168,000
Borrowed funds 509,070,000 517,291,000 516,472,000
Total interest expense 666,243,000 733,831,000 729,287,000
Net interest income 1,200,421,000 1,179,963,000 905,325,000
Net interest income after provisions for loan losses 1,100,001,000 1,077,060,000 842,325,000
NON-INTEREST INCOME:      
Total OTTI loss on securities (18,124,000) (26,456,000) (106,248,000)
Less: Non-credit portion of OTTI recorded in other comprehensive income (before taxes)   24,485,000 9,715,000
Net OTTI loss recognized in earnings (18,124,000) (1,971,000) (96,533,000)
Fee income 44,874,000 54,584,000 40,074,000
Bank-owned life insurance 28,384,000 28,015,000 27,406,000
Mortgage banking income 80,674,000 183,883,000 12,129,000
Net gain on sales of securities 36,608,000 22,430,000 338,000
FDIC indemnification income 17,633,000 11,308,000  
Gain on business disposition 9,823,000    
Gain on business acquisitions   2,883,000 139,607,000
Gain on debt repurchases   3,008,000 10,054,000
Other 35,453,000 33,783,000 24,564,000
Total non-interest income 235,325,000 337,923,000 157,639,000
Operating expenses:      
Compensation and benefits 293,344,000 274,864,000 184,692,000
Occupancy and equipment 86,903,000 88,070,000 73,724,000
General and administrative 194,436,000 183,312,000 125,587,000
Total operating expenses 574,683,000 546,246,000 384,003,000
Amortization of core deposit intangibles 26,066,000 31,266,000 22,812,000
Total non-interest expense 600,749,000 [1] 577,512,000 [1] 406,815,000
Income before income taxes 734,577,000 837,471,000 593,149,000
Income tax expense 254,540,000 296,454,000 194,503,000
Net income 480,037,000 541,017,000 398,646,000
Other comprehensive (loss) income, net of tax:      
Net unrealized (loss) gain on securities and non-credit portion of OTTI losses on securities (4,334,000) 2,229,000 27,601,000
Change in pension and post-retirement obligations (21,881,000) 1,979,000 10,405,000
Total comprehensive income, net of tax 453,822,000 545,225,000 436,652,000
Basic earnings per share $ 1.09 $ 1.24 $ 1.13
Diluted earnings per share $ 1.09 $ 1.24 $ 1.13
Provision for losses on loans 100,420,000 102,903,000 63,000,000
Non-Covered Loans
     
Other comprehensive (loss) income, net of tax:      
Provision for losses on loans 79,000,000 91,000,000 63,000,000
Covered Loans
     
NON-INTEREST INCOME:      
FDIC indemnification income 17,600,000    
Other comprehensive (loss) income, net of tax:      
Provision for losses on loans $ 21,420,000 $ 11,903,000  
[1] Includes both direct and indirect expenses.