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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 45,056 $ 58,731
Adjustments to reconcile net income to net cash provied by (used in) operating activities:    
Amortization of deferred loan origination fees, net of costs 1,330 486
Amortization of discount to fair value of acquired loan 6,884 3,504
Amortization of investment securities premiums, net of accretion of discounts 203 12,624
Amortization of core deposit and customer relationship intangibles 1,085 1,288
Amortization of fair value premium of acquired deposits 2,908 9,649
FDIC Loss Share (Expense) Income 36,842 32,836
Depreciation and amortization of premises and equipment 4,826 5,265
Deferred income taxes, net 13,211 (30,776)
Provision for covered and non-covered loan and lease losses, net 26,506 47,326
Stock-based compensation 946 888
(Gain) loss on:    
Sale of securities (4,366) 0
Sale of mortgage loans held for sale (2,447) (1,771)
Gain on sale of derivatives and on sale of TBA 646 934
Early extinguishment of debt 0 (1,061)
Foreclosed real estate 5,052 3,109
Sale of other repossessed asset 3,305 465
Sale of premises and equipment (10) 0
Originations of loans held-for-sale (86,058) (179,127)
Proceeds from sale of loans held-for-sale 47,834 68,809
Net (increase) decrease in:    
Trading securities 256 (1,714)
Accrued interest receivable (3,774) 46
Servicing Assets 146 (2,199)
Other assets 11,651 20,737
Net increase (decrease) in:    
Accrued interest on deposits and borrowings (932) (995)
Accrued expenses and other liabilities (16,247) 12,093
Net cash used in operating activities 94,853 61,147
Purchases of:    
Investment securities available-for-sale (217,974) (17,802)
Investment securities held-to-maturity (26,707)  
FHLB stock (76,725) (12,465)
Maturities and Redemptions of [Abstract]    
Investment securities available-for-sale 295,013 313,866
FHLB Stock 76,794 28,720
Proceeds from sale of:    
Investment securities available for sale 163,235 75,660
Foreclosed real estate and other repossessed assets 22,991 31,131
Premises and equipment 20 1,667
Origination and purchase of loans, excluding loans held-for-sale (347,691) (422,590)
Principal repayment of loans, including covered loans 339,102 528,274
Reimbursements from the FDIC on shared-loss agreements 18,700 18,696
Additions to premises and equipment (4,100) (6,237)
Net change in securities purchased under agreements to resell 60,000 80,000
Net change in restricted cash 67,029 8,990
Net cash provided by investing activities 369,687 627,910
Net increase (decrease) in:    
Deposits (235,062) (36,125)
Short Term Borrowings 0 (92,210)
Securities sold under agreements to repurchase (255,000) (381,358)
FHLB advances, federal funds purchased, and other borrowings 24,279 (231,617)
Subordinated capital notes 787 (46,017)
Exercise of stock options and restricted units lapsed, net 265 185
Purchase of treasury stock (10,393) 0
Termination of derivative instruments 0 (858)
Dividends paid on preferred stock (6,931) (6,931)
Dividends paid on common stock (7,269) (5,479)
Other financing activities 0 (39)
Net cash used in financing activities (489,324) (800,449)
Net change in cash and cash equivalents (24,784) (111,392)
Cash and cash equivalents at beginning of period 621,269 855,235
Cash and cash equivalents at end of period 596,485 743,843
Supplemental Cash Flow Disclosure and Schedule of Non-cash Activities:    
Interest paid 42,667 40,491
Income Taxes Paid 319 378
Mortgage loans securitized into mortgage-backed securities 46,505 89,590
Transfer from loans to foreclosed real estate and other repossessed assets 47,852 45,714
Reclassification of loans held-for-investment portfolio to held-for-sale portfolio 473 40,328
Reclassification of loans held-for-sale portfolio to investment portfolio 26,376 0
Securities sold but not yet delivered $ 0 $ 16,732