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Borrowings (Tables)

12 Months Ended

Dec. 31, 2012

	At December 31,
	2012		2011
(Dollars in Thousands)	Amount	Weighted Average Rate	Amount	Weighted Average Rate
Reverse repurchase agreements	$ 1,100,000	4.32%	$ 1,700,000	4.30%
FHLB-NY advances	2,897,000	2.07	2,043,000	3.13
Other borrowings, net	376,496	6.62	378,573	7.11
Total borrowings, net	$ 4,373,496	3.03%	$ 4,121,573	3.98%

Reverse Repurchase Agreements

	At or For the Year Ended December 31,
(Dollars in Thousands)	2012	2011	2010
Average balance during the year	$ 1,422,678	$ 1,926,575	$ 2,275,068
Maximum balance at any month end during the year	1,700,000	2,100,000	2,500,000
Balance outstanding at end of year	1,100,000	1,700,000	2,100,000
Weighted average interest rate during the year	4.28%	4.23%	4.14%
Weighted average interest rate at end of year	4.32	4.30	4.19

Contractual Maturities of Reverse Repurchase Agreements

Year		Amount
		(In Thousands)
2015		$ 200,000
2017		900,000
Total		$ 1,100,000

FHLB-NY Advances

	At or For the Year Ended December 31,
(Dollars in Thousands)	2012	2011	2010
Average balance during the year	$ 2,765,985	$ 2,063,700	$ 2,915,658
Maximum balance at any month end during the year	3,215,000	2,487,000	3,235,000
Balance outstanding at end of year	2,897,000	2,043,000	2,391,000
Weighted average interest rate during the year	2.24%	3.45%	3.67%
Weighted average interest rate at end of year	2.07	3.13	3.62

Contractual Maturities of FHLB-NY Advances

Year	Amount
	(In Thousands)
2013	$ 1,047,000	(1)
2014	150,000
2015	300,000
2016	750,000	(2)
2017	650,000	(3)
Total	$ 2,897,000

(1) Includes $22.0 million of borrowings due overnight, $650.0 million of borrowings due in less than 30 days, $50.0 million of borrowings due in 30-60 days and $325.0 million of borrowings due after 90 days.

(2) Includes $200.0 million of borrowings which are callable in 2013 and at various times thereafter.

(3) Callable in 2013 and at various times thereafter.

Interest Expense on Borrowings

	For the Year Ended December 31,
(In Thousands)	2012	2011	2010
Reverse repurchase agreements	$ 61,855	$ 82,602	$ 95,538
FHLB-NY advances	62,675	71,909	107,917
Other borrowings	29,689	27,262	27,262
Total interest expense on borrowings	$ 154,219	$ 181,773	$ 230,717