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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 $ 53,091 $ 67,209 $ 73,734
Adjustments to reconcile net income to net cash provided by operating activities:      
Net amortization on loans 26,101 28,810 34,060
Net amortization on securities and borrowings 16,762 8,288 2,976
Net provision for loan and real estate losses 43,314 41,039 117,805
Depreciation and amortization 11,861 11,684 11,286
Net gain on sales of loans and securities (17,333) (3,681) (6,971)
Net loss (gain) on dispositions of premises and equipment 49 312 (134)
Other asset impairment charges 272 444 1,688
Originations of loans held-for-sale (380,356) (196,060) (289,817)
Proceeds from sales and principal repayments of loans held-for-sale 324,520 218,969 287,609
Stock-based compensation and allocation of ESOP stock 15,356 25,407 19,618
Decrease in accrued interest receivable 4,840 8,964 10,629
Mortgage servicing rights amortization and valuation allowance adjustments, net 4,840 3,398 2,747
Bank owned life insurance income and insurance proceeds received, net (8,518) 781 (8,683)
Decrease (increase) in other assets 100,849 36,057 (3,157)
(Decrease) increase in accrued expenses and other liabilities (8,235) (23,928) 11,961
Net cash provided by operating activities 187,413 227,693 265,351
Cash flows from investing activities:      
Originations of loans receivable (3,272,511) (2,651,863) (2,545,265)
Loan purchases through third parties (942,873) (1,118,921) (442,525)
Principal payments on loans receivable 4,135,995 4,495,679 4,240,668
Proceeds from sales of delinquent and non-performing loans 23,220 26,408 53,667
Purchases of securities held-to-maturity (533,687) (967,803) (958,529)
Purchases of securities available-for-sale (256,901)    
Principal payments on securities held-to-maturity 948,994 832,886 1,269,765
Principal payments on securities available-for-sale 201,147 213,295 298,208
Proceeds from sales of securities available-for-sale 60,318    
Net (purchases) redemptions of Federal Home Loan Bank of New York stock (39,527) 17,507 29,755
Proceeds from sales of real estate owned, net 59,892 87,004 81,023
Purchases of premises and equipment (6,435) (12,976) (10,093)
Proceeds from sales of premises and equipment   14,396 125
Net cash provided by investing activities 377,632 935,612 2,016,799
Cash flows from financing activities:      
Net decrease in deposits (801,656) (353,386) (1,213,238)
Net increase (decrease) in borrowings with original terms of three months or less 448,000 168,000 (84,000)
Proceeds from borrowings with original terms greater than three months 950,000 200,000 525,000
Repayments of borrowings with original terms greater than three months (1,144,000) (1,116,000) (1,450,000)
Cash payments for debt issuance costs (2,653)    
Net increase (decrease) in mortgage escrow funds 2,260 1,467 (4,662)
Cash dividends paid to stockholders (24,104) (49,435) (48,692)
Cash received for options exercised     112
Net tax benefit (shortfall) excess from stock-based compensation (4,123) (263) 776
Net cash used in financing activities (576,276) (1,149,617) (2,274,704)
Net (decrease) increase in cash and cash equivalents (11,231) 13,688 7,446
Cash and cash equivalents at beginning of year 132,704 119,016 111,570
Cash and cash equivalents at end of year 121,473 132,704 119,016
Supplemental disclosures:      
Interest paid 258,503 322,225 424,321
Income taxes paid 6,002 40,420 49,736
Additions to real estate owned 43,270 75,320 101,390
Loans transferred to held-for-sale $ 6,501 $ 36,482 $ 61,843