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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes [Abstract]

Schedule Of Components Of Income Tax Expense Benefit Table Text Block

The components of income tax expense (benefit) for the years ended December 31, 2015, 2014 and 2013 are as follows

	Year Ended December 31,
	2015			2014				2013
	(In thousands)
Current income tax expense	$	19,775		$	13,097		$	2,357
Deferred income tax (benefit) expense		(37,329)			24,155			(11,066)
Total income tax (benefit) expense	$	(17,554)		$	37,252		$	(8,709)

Schedule Of Effective Income Tax Rate Reconciliation Table Text Block

The maximum marginal-statutory rate was 39.00%, for the years ended December 31, 2015, 2014 and 2013, and the Company maintained a lower effective tax rate for 2015, 2014 and 2013.

	Year Ended December 31,
	2015					2014					2013
	Amount			Rate		Amount			Rate		Amount			Rate
	(Dollars in thousands)
Tax (benefit) expense at statutory rates	$	(7,823)		-39.00%		$	47,749		39.00%		$	34,997		39.00%
Tax effect of exempt income, net		(8,625)		-43.00%			(10,002)		-26.85%			(4,652)		-4.90%
Effect of tax rate on capital loss carryforwards		-		0.00%			-		0.00%			840		0.94%
Disallowed net operating loss carryover		556		2.77%			8,289		22.25%			-		0.00%
Change in valuation allowance		(2,219)		-11.06%			(958)		-2.57%			1,896		2.11%
Release of unrecognized tax benefits, net		(385)		-1.92%			(1,093)		-2.94%			(1,559)		-1.57%
Effect in deferred taxes due to increase in tax rates
from 30.00% to 39.00%		-		0.00%			-		0.00%			(38,068)		-43.04%
Loan tax basis change effect		-		0.00%			(7,642)		-20.51%			-		0.00%
Effect of change in tax of IBE		-		0.00%			-		0.00%			148		0.17%
Unrealized capital loss		283		1.41%			-		0.00%			-		0.00%
Other items, net		659		3.28%			909		2.00%			(2,311)		-2.58%
Income tax (benefit) expense	$	(17,554)		-87.52%		$	37,252		10.82%		$	(8,709)		-9.70%

Schedule Of Deferred Tax Assets And Liabilities Table Text Block

	Year Ended December 31,
	2015				2014				2013
	In thousands)
Balance at beginning of year	$	2,560			$	4,042			$	5,452
Additions for tax positions of prior years		175				187				287
Reduction for tax positions as a result of settlements		(560)				(1,388)				-
Reduction for tax positions as a result of lapse of statute of limitations		-				(281)				(1,697)
Balance at end of year	$	2,175			$	2,560			$	4,042

	December 31,
	2015			2014
	(In thousands)
Deferred tax asset:
Allowance for loan and lease losses and other reserves	$	129,234		$	90,090
Loans and other real estate valuation adjustment		10,759			9,295
Net capital and operating loss carry forwards		11,043			28,973
Alternative minimum tax		16,240			16,208
Deposit and borrowings valuation adjustment		133			390
Unrealized net loss included in other comprehensive income		1,680			3,273
S&P option contracts		393			1,882
Acquired portfolio		37,523			46,146
FDIC shared-loss indemnification asset		2,802			-
Other assets allowances		1,547			1,424
Other deferred tax assets		5,612			6,262
Total gross deferred tax asset		216,966			203,943
Deferred tax liability:
FDIC shared-loss indemnification asset		-			(21,809)
FDIC-assisted acquisition, net		(47,956)			(40,740)
Customer deposit and customer relationship intangibles		(3,057)			(3,800)
Loans and building valuation adjustment		(9,991)			(11,656)
Unrealized net gain on available-for-sale securities		(2,566)			(3,799)
Servicing asset		(2,907)			(5,457)
Other deferred tax liabilities		(1,446)			(2,703)
Total gross deferred tax liabilities		(67,923)		$	(89,964)
Less: valuation allowance		(3,142)			(5,271)
Net deferred tax asset	$	145,901		$	108,708

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- References

No definition available.

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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