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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Interest and dividends received $ 135,863 $ 135,906
Service charges and other fees received 18,983 16,241
Interest paid (14,716) (18,563)
Cash paid to vendors and employees (58,934) (64,133)
Income taxes paid (3,000) (57,000)
Proceeds from FDIC loss sharing agreements 6,276 29,180
Net cash provided by operating activities 84,472 41,631
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from redemption of FHLB Stock 6,875 7,000
Proceeds from repayment of investment securities 254,040 154,634
Proceeds from maturity of investment securities 65,652 41,340
Purchases of investment securities (403,285) (350,443)
Net decrease in loans and lease finance receivables 103,264 192,817
Proceeds from sales of premises and equipment 25 147
Proceeds from sales of other real estate owned 13,478 4,866
Purchase of premises and equipment (2,913) (459)
Net cash provided by investing activities 37,136 49,902
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in transaction deposits 169,280 187,962
Net decrease in time deposits (74,978) (202,517)
Net decrease in other borrowings   566
Net decrease in customer repurchase agreements (41,734) (6,768)
Repayment of FCB Statutory Trust II (6,805)  
Partial Repayment of CBB Statutory Trust I (20,619)  
Cash dividends on common stock (17,816) (18,035)
Proceeds from exercise of stock options 2,240 57
Tax benefit related to exercise of stock options 176 2
Net cash provided by (used in) financing activities 9,744 (38,733)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 131,352 52,800
CASH AND CASH EQUIVALENTS, beginning of period 345,343 404,275
CASH AND CASH EQUIVALENTS, end of period 476,695 457,075
RECONCILIATION OF NET EARNINGS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:    
Net earnings 45,887 37,638
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Amortization of capitalized prepayment penalty on borrowings 136  
(Gain)/loss on sales of premises and equipment 6 (13)
(Gain)/loss on sale of other real estate owned (825) (74)
Credit-related impairment loss on investment securities held-to-maturity   119
Increase from bank owned life insurance (1,490) (1,856)
Net amortization of premiums on investment securities 11,123 5,848
Accretion of SJB Discount (12,213) (7,658)
Provisions for credit losses    7,068
Provisions for losses on other real estate owned 318 2,347
Change in FDIC Loss Sharing Asset 12,280 274
Stock-based compensation 837 1,187
Depreciation and amortization 3,968 4,995
Proceeds from FDIC loss sharing agreements 6,276 29,180
Change in accrued interest receivable 1,127 647
Change in accrued interest payable (171) (508)
Change in other assets and liabilities 17,201 (37,563)
Total adjustments 38,585 3,993
Net cash provided by operating activities 84,472 41,631
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES    
Securities purchased and not settled 2,335 5,884
Transfer from loans to Other Real Estate Owned $ 3,003 $ 17,538