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Consolidated Statements Of Income And Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
INTEREST INCOME:      
Mortgage and other loans $ 1,487,662 $ 1,597,504 $ 1,638,651
Securities and money market investments 220,436 193,597 228,013
Total interest income 1,708,098 1,791,101 1,866,664
INTEREST EXPENSE:      
NOW and money market accounts 35,884 36,609 39,285
Savings accounts 21,950 13,677 15,488
Certificates of deposit 83,805 93,880 102,400
Borrowed funds 399,843 486,914 509,070
Total interest expense 541,482 631,080 666,243
Net interest income 1,166,616 1,160,021 1,200,421
Provision for losses on loans 30,758 62,988 100,420
Net interest income after provisions for loan losses 1,135,858 1,097,033 1,100,001
NON-INTEREST INCOME:      
Total loss on OTTI of securities (612)   (18,124)
Less: Non-credit portion of OTTI recorded in other comprehensive income (before taxes)         
Net loss on OTTI recognized in earnings (612)   (18,124)
Mortgage banking income 78,283 178,643 80,674
Fee income 38,179 38,348 44,874
Bank-owned life insurance 29,938 30,502 28,384
Net gain on sale of securities 21,036 2,041 36,608
FDIC indemnification income 10,206 14,390 17,633
Gain on business disposition     9,823
Loss on debt redemption   (2,313)  
Other 41,800 35,742 35,453
Total non-interest income 218,830 297,353 235,325
Operating expenses:      
Compensation and benefits 313,196 296,874 293,344
Occupancy and equipment 97,252 90,738 86,903
General and administrative 181,330 206,221 194,436
Total operating expenses 591,778 593,833 574,683
Amortization of core deposit intangibles 15,784 19,644 26,066
Total non-interest expense 607,562 [1] 613,477 [1] 600,749
Income before income taxes 747,126 780,909 734,577
Income tax expense 271,579 279,803 254,540
Net income 475,547 501,106 480,037
Other comprehensive income (loss), net of tax:      
Change in net unrealized gain/loss on securities available for sale, net of tax of $4,765; $8,473; and $366, respectively (7,043) 12,533 (540)
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, net of tax of $5,028; $65; and $4,857, respectively 7,921 102 7,251
Change in pension and post-retirement obligations, net of tax of $20,116; $807; and $14,993, respectively 29,628 (1,190) (21,881)
Less: Reclassification adjustment for sales of available-for-sale securities and loss on OTTI of securities, net of tax of $3,578; $801; and $7,439, respectively (5,294) (1,240) (11,045)
Total other comprehensive income (loss), net of tax 25,212 10,205 (26,215)
Total comprehensive income, net of tax 500,759 511,311 453,822
Basic earnings per share $ 1.08 $ 1.13 $ 1.09
Diluted earnings per share $ 1.08 $ 1.13 $ 1.09
Non-Covered Loans
     
INTEREST EXPENSE:      
Provision for losses on loans 18,000 45,000 79,000
Covered Loans
     
INTEREST EXPENSE:      
Provision for losses on loans $ 12,758 $ 17,988 $ 21,420
[1] Includes both direct and indirect expenses.