Flagstar Financial (FLG) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 04, 2014
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'NYB	'
Entity Registrant Name	'NEW YORK COMMUNITY BANCORP INC	'
Entity Central Index Key	'0000910073	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	442,650,518

Consolidated_Statements_of_Con

Consolidated Statements of Condition (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Assets:	'		'
Cash and cash equivalents	$668,950		$644,550
Securities:	'		'
Available-for-sale ($62,791 and $79,905 pledged, respectively)	245,047		280,738
Held-to-maturity ($4,853,433 and $4,945,905 pledged, respectively) (fair value of $7,622,751 and $7,445,244, respectively)	7,547,911	[1]	7,670,282	[2]
Total securities	7,792,958		7,951,020
Non-covered loans held for sale	308,895		306,915
Non-covered loans held for investment, net of deferred loan fees and costs	31,985,940		29,837,989
Less: Allowance for losses on non-covered loans	-139,473		-141,946
Non-covered loans held for investment, net	31,846,467		29,696,043
Covered loans	2,596,659		2,788,618
Less: Allowance for losses on covered loans	-49,626		-64,069
Covered loans, net	2,547,033		2,724,549
Total loans, net	34,702,395		32,727,507
Federal Home Loan Bank stock, at cost	571,708	[3]	561,390	[3]
Premises and equipment, net	288,494		273,299
FDIC loss share receivable	441,030		492,674
Goodwill	2,436,131		2,436,131
Core deposit intangibles, net	11,835		16,240
Mortgage servicing rights	228,815		241,018
Bank-owned life insurance	906,460		893,522
Other real estate owned (includes $35,410 and $37,477, respectively, of other real estate owned covered by loss sharing agreements)	102,596		108,869
Other assets	453,400		342,067
Total assets	48,604,772		46,688,287
Deposits:	'		'
NOW and money market accounts	11,879,490		10,536,947
Savings accounts	6,398,988		5,921,437
Certificates of deposit	6,719,176		6,932,096
Non-interest-bearing accounts	2,354,815		2,270,512
Total deposits	27,352,469		25,660,992
Wholesale borrowings:	'		'
Federal Home Loan Bank advances	11,089,128		10,872,576
Repurchase agreements	3,425,000		3,425,000
Fed funds purchased	425,000		445,000
Total wholesale borrowings	14,939,128		14,742,576
Other borrowings	362,538		362,426
Total borrowed funds	15,301,666		15,105,002
Other liabilities	189,619		186,631
Total liabilities	42,843,754		40,952,625
Stockholders' equity:	'		'
Preferred stock at par $0.01 (5,000,000 shares authorized; none issued)	0		0
Common stock at par $0.01 (600,000,000 shares authorized; 442,659,460 and 440,873,285 shares issued; and 442,655,048 and 440,809,365 shares outstanding, respectively)	4,427		4,409
Paid-in capital in excess of par	5,354,905		5,346,017
Retained earnings	434,336		422,761
Treasury stock, at cost (4,412 and 63,920 shares, respectively)	-66		-1,032
Accumulated other comprehensive loss, net of tax:	'		'
Net unrealized gain on securities available for sale, net of tax of $2,086 and $171, respectively	3,100		277
Net unrealized loss on the non-credit portion of other-than-temporary impairment ("OTTI") losses on securities, net of tax of $3,564 and $3,586, respectively	-5,570		-5,604
Net unrealized loss on pension and post-retirement obligations, net of tax of $20,413 and $21,126, respectively	-30,114		-31,166
Total accumulated other comprehensive loss, net of tax	-32,584		-36,493
Total stockholders' equity	5,761,018		5,735,662
Total liabilities and stockholders' equity	$48,604,772		$46,688,287
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).
[3]	Carrying value and estimated fair value are at cost.

Consolidated_Statements_of_Con1

Consolidated Statements of Condition (Parenthetical) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Securities available-for-sale, pledged	$62,791		$79,905
Securities held to maturity, pledged	4,853,433		4,945,905
Securities held to maturity, fair value	7,622,751	[1]	7,445,244	[2]
Other real estate owned covered by loss sharing agreements	35,410		37,477
Preferred stock, par	$0.01		$0.01
Preferred stock, shares authorized	5,000,000		5,000,000
Preferred stock, issued	0		0
Common stock, par	$0.01		$0.01
Common stock, shares authorized	600,000,000		600,000,000
Common stock, shares issued	442,659,460		440,873,285
Common stock, shares outstanding	442,655,048		440,809,365
Treasury stock, shares	4,412		63,920
Net unrealized gain on securities available for sale, tax	2,086		171
Net unrealized loss on the non-credit portion of other-than-temporary impairment losses on securities, tax	3,564		3,586
Net unrealized loss on pension and post-retirement obligations, tax	$20,413		$21,126
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).

Consolidated_Statements_of_Inc

Consolidated Statements of Income and Comprehensive Income (USD $)	3 Months Ended				6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Interest Income:	'		'		'		'
Mortgage and other loans	$350,557		$388,156		$696,087		$755,155
Securities and money market investments	67,325		48,418		137,106		94,226
Total interest income	417,882		436,574		833,193		849,381
Interest Expense:	'		'		'		'
NOW and money market accounts	9,371		9,777		17,767		18,952
Savings accounts	8,259		5,206		14,732		9,227
Certificates of deposit	18,464		21,782		37,524		44,017
Borrowed funds	98,296		99,925		195,528		202,125
Total interest expense	134,390		136,690		265,551		274,321
Net interest income	283,492		299,884		567,642		575,060
Provision for (recovery of) losses on covered loans	188		9,618		-14,442		19,120
Net interest income after provisions for (recovery of) loan losses	283,304		290,266		582,084		555,940
Non-Interest Income:	'		'		'		'
Mortgage banking income	15,291		23,216		29,901		49,325
Fee income	9,430		9,961		18,324		18,733
Bank-owned life insurance	6,813		7,337		13,642		14,590
Net gain on sales of securities	262		123		5,135		16,745
FDIC indemnification income (expense)	150		3,694		-11,554		7,296
Gain on Visa shares sold	'		'		3,856		'
Other income	20,647		9,414		30,524		22,607
Total non-interest income	52,593		53,745		89,828		129,296
Operating expenses:	'		'		'		'
Compensation and benefits	74,843		77,400		150,583		160,906
Occupancy and equipment	24,380		24,159		50,378		47,759
General and administrative	46,531		45,925		88,795		90,494
Total operating expenses	145,754		147,484		289,756		299,159
Amortization of core deposit intangibles	2,082		4,181		4,405		8,602
Total non-interest expense	147,836	[1]	151,665	[1]	294,161	[1]	307,761	[1]
Income before income taxes	188,061		192,346		377,751		377,475
Income tax expense	69,373		69,829		143,809		136,283
Net income	118,688		122,517		233,942		241,192
Other comprehensive income, net of tax:	'		'		'		'
Change in net unrealized gain/loss on securities available for sale, net of tax of $1,459; $2,845; $3,988; and $2,382, respectively	2,156		-4,203		5,885		-3,518
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, net of tax of $11; $4,768; $22; and $4,785, respectively	17		7,513		34		7,541
Change in pension and post-retirement obligations, net of tax of $356; $1,008; $713; and $2,016, respectively	526		1,486		1,052		2,972
Less: Reclassification adjustment for sales of available-for-sale securities, net of tax of $104; $50; $2,073; and $2,098, respectively	-158		-73		-3,062		-3,095
Total other comprehensive income, net of tax	2,541		4,723		3,909		3,900
Total comprehensive income, net of tax	121,229		127,240		237,851		245,092
Basic earnings per share	$0.27		$0.28		$0.53		$0.55
Diluted earnings per share	$0.27		$0.28		$0.53		$0.55
Non-Covered Loans	'		'		'		'
Interest Expense:	'		'		'		'
Provision for losses on loans	'		5,000		'		10,000
Covered Loans	'		'		'		'
Interest Expense:	'		'		'		'
Provision for losses on loans	188		'		'		'
Provision for (recovery of) losses on covered loans	$188		$4,618		($14,442)		$9,120
[1]	Includes both direct and indirect expenses.

Consolidated_Statements_of_Inc1

Consolidated Statements of Income and Comprehensive Income (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Change in net unrealized gain/loss on securities available for sale, tax	$1,459	$2,845	$3,988	$2,382
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, tax	11	4,768	22	4,785
Change in pension and post-retirement obligations, tax	356	1,008	713	2,016
Reclassification adjustment for sales of available for sale securities, tax	$104	$50	$2,073	$2,098

Consolidated_Statement_of_Chan

Consolidated Statement of Changes in Stockholders' Equity (USD $)	Total	Common Stock (Par Value: $0.01):	Paid-in Capital in Excess of Par:	Retained Earnings:	Treasury Stock:	Accumulated Other Comprehensive Loss, net of tax:
In Thousands
Balance at beginning of year at Dec. 31, 2013	$5,735,662	$4,409	$5,346,017	$422,761	($1,032)	($36,493)
Net income	233,942	'	'	233,942	'	'
Purchase of common stock (367,271 shares)	'	'	'	'	-6,165	'
Other comprehensive income, net of tax	3,909	'	'	'	'	3,909
Dividends paid on common stock ($0.50 per share)	'	'	'	-221,048	'	'
Shares issued for exercise of stock options	'	'	'	-16	76	'
Effect of adopting Accounting Standards Update 2014-01	'	'	'	-1,303	'	'
Shares issued for restricted stock awards, net of forfeitures	'	18	-7,073	'	7,055	'
Compensation expense related to restricted stock awards	'	'	13,942	'	'	'
Tax effect of stock plans	'	'	2,019	'	'	'
Balance at end of period at Jun. 30, 2014	$5,761,018	$4,427	$5,354,905	$434,336	($66)	($32,584)

Consolidated_Statement_of_Chan1

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) (USD $)	6 Months Ended
	Jun. 30, 2014
Shares issued for exercise of stock options, shares	21,107
Common Stock (Par Value: $0.01):	'
Shares issued for exercise of stock options, shares	3,574
Shares issued for restricted stock awards, shares	1,782,601
Retained Earnings:	'
Dividends paid on common stock, per share	0.5
Treasury Stock:	'
Purchase of common stock, shares	367,271
Shares issued for exercise of stock options, shares	4,682
Shares issued for restricted stock awards, shares	422,097

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash Flows from Operating Activities:	'	'
Net income	$233,942	$241,192
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
(Recovery of) provisions for loan losses	-14,442	19,120
Depreciation and amortization	13,652	13,919
Amortization of discounts and premiums, net	-4,092	-1,071
Amortization of core deposit intangibles	4,405	8,602
Net gain on sales of securities	-5,135	-16,745
Gain on sale of loans	-8,700	-42,973
Gain on Visa shares sold	-3,856	'
Stock plan-related compensation	13,942	10,963
Deferred tax expense	6,871	7,905
Changes in assets and liabilities:	'	'
Increase in other assets	-54,150	-66,401
(Decrease) increase in other liabilities	-6,073	41,363
Origination of loans held for sale	-1,380,169	-4,426,828
Proceeds from sale of loans originated for sale	1,301,765	4,869,711
Net cash provided by operating activities	97,960	658,757
Cash Flows from Investing Activities:	'	'
Proceeds from repayment of securities held to maturity	276,896	506,277
Proceeds from repayment of securities available for sale	7,216	50,875
Proceeds from sale of securities held to maturity	0	191,142
Proceeds from sale of securities available for sale	137,309	414,186
Purchase of securities held to maturity	-150,338	-1,814,586
Purchase of securities available for sale	-99,000	-357,000
Proceeds from sale of Visa shares	3,856	'
Net purchase of Federal Home Loan Bank stock	-10,318	-13,028
Net increase in loans	-1,873,342	-477,389
Purchase of premises and equipment, net	-28,847	-15,091
Net cash used in investing activities	-1,736,568	-1,514,614
Cash Flows from Financing Activities:	'	'
Net increase in deposits	1,691,477	410,341
Net increase in short-term borrowed funds	199,700	300,000
Net decrease in long-term borrowed funds	-3,036	-738,174
Tax effect of stock plans	2,019	314
Cash dividends paid on common stock	-221,048	-220,034
Treasury stock purchases	-6,165	-4,197
Net cash received from stock option exercises	61	59
Net cash provided by (used in) financing activities	1,663,008	-251,691
Net increase (decrease) in cash and cash equivalents	24,400	-1,107,548
Cash and cash equivalents at beginning of period	644,550	2,427,258
Cash and cash equivalents at end of period	668,950	1,319,710
Supplemental information:	'	'
Cash paid for interest	272,458	275,018
Cash paid for income taxes	123,870	102,718
Non-cash investing and financing activities:	'	'
Transfers to other real estate owned from loans	$93,575	$77,516

Organization_and_Basis_of_Pres

Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2014
Organization and Basis of Presentation	'
	Note 1. Organization and Basis of Presentation
	Organization
	Formerly known as Queens County Bancorp, Inc., New York Community Bancorp, Inc. (on a stand-alone basis, the “Parent Company” or, collectively with its subsidiaries, the “Company”) was organized under Delaware law on July 20, 1993 and is the holding company for New York Community Bank and New York Commercial Bank (hereinafter referred to as the “Community Bank” and the “Commercial Bank,” respectively, and collectively as the “Banks”). In addition, for the purpose of these Consolidated Financial Statements, the “Community Bank” and the “Commercial Bank” refer not only to the respective banks but also to their respective subsidiaries.
	The Community Bank is the primary banking subsidiary of the Company. Founded on April 14, 1859 and formerly known as Queens County Savings Bank, the Community Bank converted from a state-chartered mutual savings bank to the capital stock form of ownership on November 23, 1993, at which date the Company issued its initial offering of common stock (par value: $0.01 per share) at a price of $25.00 per share. The Commercial Bank was established on December 30, 2005.
	Reflecting nine stock splits between September 30, 1994 and February 17, 2004, the Company’s initial offering price adjusts to $0.93 per share. All share and per share data presented in this report reflect the impact of the stock splits.
	The Company changed its name to New York Community Bancorp, Inc. on November 21, 2000 in anticipation of completing the first of eight business combinations that expanded its footprint well beyond Queens County to encompass all five boroughs of New York City, Long Island, and Westchester County in New York, and seven counties in the northern and central parts of New Jersey. The Company expanded beyond this region to south Florida, northeast Ohio, and central Arizona through its FDIC-assisted acquisition of certain assets and its assumption of certain liabilities of AmTrust Bank (“AmTrust”) in December 2009, and extended its Arizona franchise through its FDIC-assisted acquisition of certain assets and its assumption of certain liabilities of Desert Hills Bank (“Desert Hills”) in March 2010. On June 28, 2012, the Company completed its 11th transaction when it assumed the deposits of Aurora Bank FSB.
	Reflecting its growth through acquisitions, the Community Bank currently operates 243 branches, five of which operate directly under the Community Bank name. The remaining 238 Community Bank branches operate through seven divisional banks: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank (in New York); Garden State Community Bank in New Jersey; AmTrust Bank in Florida and Arizona; and Ohio Savings Bank in Ohio.
	The Commercial Bank currently operates 30 branches in Manhattan, Queens, Brooklyn, Westchester County, and Long Island (all in New York), including 18 branches that operate under the name “Atlantic Bank.”
	Basis of Presentation
	The following is a description of the significant accounting and reporting policies that the Company and its wholly-owned subsidiaries follow in preparing and presenting their consolidated financial statements, which conform to U.S. generally accepted accounting principles (“GAAP”) and to general practices within the banking industry. The preparation of financial statements in conformity with GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Estimates that are particularly susceptible to change in the near term are used in connection with the determination of the allowances for loan losses; the valuation of mortgage servicing rights (“MSRs”); the evaluation of goodwill for impairment; the evaluation of other-than-temporary impairment (“OTTI”) on securities; and the evaluation of the need for a valuation allowance on the Company’s deferred tax assets.
	The unaudited consolidated financial statements include the accounts of the Company and other entities in which the Company has a controlling financial interest. All inter-company accounts and transactions are eliminated in consolidation. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s 2013 Annual Report on Form 10-K. The Company currently has certain unconsolidated subsidiaries in the form of wholly-owned statutory business trusts, which were formed to issue guaranteed capital debentures (“capital securities”). Please see Note 7, “Borrowed Funds,” for additional information regarding these trusts.
	Effects of New Accounting Pronouncements
	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects.” The amendments in ASU No. 2014-01 provide guidance on accounting for investments by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low-income housing tax credit. The amendments permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. The Company chose to apply this new guidance for the period beginning on January 1, 2014.
	The impact of applying this new guidance included a $1.3 million reduction in the balance of retained earnings as of January 1, 2014. The total amount of affordable housing tax credits and other tax benefits projected to be recognized during calendar year 2014, and the related amount of amortization recognized as a component of income tax expense for calendar year 2014, are $4.0 million and $2.8 million, respectively. The commitment of additional anticipated equity contributions of $8.4 million relating to current investments is reflected in “Other liabilities.” Retrospective application of the new amortization methodology would not result in a material change to prior-period presentations.

Computation_of_Earnings_per_Sh

Computation of Earnings per Share	6 Months Ended
	Jun. 30, 2014
Computation of Earnings per Share	'
	Note 2. Computation of Earnings per Share
	Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the same method as basic EPS, however, the computation reflects the potential dilution that would occur if outstanding in-the-money stock options were exercised and converted into common stock.
	Unvested stock-based compensation awards containing non-forfeitable rights to dividends are considered participating securities, and therefore are included in the two-class method for calculating EPS. Under the two-class method, all earnings (distributed and undistributed) are allocated to common shares and participating securities, based on their respective rights to receive dividends. The Company grants restricted stock to certain employees under its stock-based compensation plans. Recipients receive cash dividends during the vesting periods of these awards, including on the unvested portion of such awards. Since these dividends are non-forfeitable, the unvested awards are considered participating securities and therefore have earnings allocated to them.
	The following table presents the Company’s computation of basic and diluted EPS for the periods indicated:
			Three Months Ended				Six Months Ended
			June 30,				June 30,
	(in thousands, except share and per share data)		2014		2013		2014		2013
	Net income			$118,688		$122,517		$233,942		$241,192
	Less: Dividends paid on and earnings allocated to participating securities			(852)		(791)		(1,648)		(1,525)
	Earnings applicable to common stock			$117,836		$121,726		$232,294		$239,667
	Weighted average common shares outstanding			441,155,063		439,452,048		440,864,462		439,079,827
	Basic earnings per common share			$0.27		$0.28		$0.53		$0.55
	Earnings applicable to common stock			$117,836		$121,726		$232,294		$239,667
	Weighted average common shares outstanding			441,155,063		439,452,048		440,864,462		439,079,827
	Potential dilutive common shares (1)			--		3,298		--		3,445
	Total shares for diluted earnings per share computation			441,155,063		439,455,346		440,864,462		439,083,272
	Diluted earnings per common share and common share equivalents			$0.27		$0.28		$0.53		$0.55
	-1	Options to purchase 58,560 shares of the Company’s common stock that were outstanding in the three and six months ended June 30, 2014, at a weighted average exercise price of $18.04, were excluded from the respective computations of diluted EPS because their inclusion would have had an antidilutive effect. Options to purchase 253,500 shares of the Company’s common stock that were outstanding in the three and six months ended June 30, 2013, at a weighted average exercise price of $22.14, were excluded from the respective computations of diluted EPS because their inclusion also would have had an antidilutive effect.

Reclassifications_Out_of_Accum

Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL")	6 Months Ended
	Jun. 30, 2014
Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL")	'
	Note 3. Reclassifications Out of Accumulated Other Comprehensive Loss (“AOCL”)
	(in thousands)		For the Six Months Ended June 30, 2014
	Details about		Amount Reclassified			Affected Line Item in the
	Accumulated Other Comprehensive Loss		from Accumulated Other			Consolidated Statement of Income
			Comprehensive Loss (1)			and Comprehensive Income
	Unrealized gains on available-for-sale securities			$	5,135	Net gain on sales of securities
					(2,073)	Income tax expense
				$	3,062	Net gain on sales of securities, net of tax
	Amortization of defined benefit pension plan items:
	Prior-service costs			$	124	Included in the computation of net periodic (credit) expense (2)
	Actuarial losses				(1,880)	Included in the computation of net periodic (credit) expense (2)
					(1,756)	Total before tax
					709	Income tax benefit
				$	(1,047)	Amortization of defined benefit pension plan items, net of tax
	Total reclassifications for the period			$	2,015
	-1	Amounts in parentheses indicate expense items.
	-2	Please see Note 9, Pension and Other Post-Retirement Benefits, for additional information.

Securities

Securities	6 Months Ended
	Jun. 30, 2014
Securities	'
	Note 4. Securities
	The following table summarizes the Company’s portfolio of securities available for sale at June 30, 2014:
			June 30, 2014
	(in thousands)		Amortized					Gross						Gross					Fair Value
			Cost					Unrealized						Unrealized
								Gain						Loss
	Mortgage-Related Securities:
	GSE (1) certificates			$	20,127				$	1,585					$	--				$	21,712
	GSE CMOs (2)				59,530					904						1,072					59,362
	Private label CMOs				9,531					--						66					9,465
	Total mortgage-related securities			$	89,188				$	2,489					$	1,138				$	90,539
	Other Securities:
	Municipal bonds			$	961				$	114					$	--				$	1,075
	Capital trust notes				13,425					71						1,565					11,931
	Preferred stock				118,205					4,960						381					122,784
	Common stock				18,080					660						22					18,718
	Total other securities			$	150,671				$	5,805					$	1,968				$	154,508
	Total securities available for sale			$	239,859				$	8,294					$	3,106				$	245,047
	-1	Government-sponsored enterprise
	-2	Collateralized mortgage obligations
	At June 30, 2014, the fair value of marketable equity securities included corporate preferred stock of $122.8 million and common stock of $18.7 million, with the latter primarily consisting of mutual funds that are Community Reinvestment Act-qualified investments.
	The following table summarizes the Company’s portfolio of securities available for sale at December 31, 2013:
			December 31, 2013
	(in thousands)		Amortized					Gross						Gross					Fair Value
			Cost					Unrealized						Unrealized
								Gain						Loss
	Mortgage-Related Securities:
	GSE certificates			$	23,759				$	1,442					$	1				$	25,200
	GSE CMOs				62,082					598						1,861					60,819
	Private label CMOs				10,214					--						12					10,202
	Total mortgage-related securities			$	96,055				$	2,040					$	1,874				$	96,221
	Other Securities:
	Municipal bonds			$	957				$	69					$	--				$	1,026
	Capital trust notes				13,419					60						1,681					11,798
	Preferred stock				118,205					1,936						3,902					116,239
	Common stock				51,654					4,093						293					55,454
	Total other securities			$	184,235				$	6,158					$	5,876				$	184,517
	Total securities available for sale			$	280,290				$	8,198					$	7,750				$	280,738
	The following tables summarize the Company’s portfolio of securities held to maturity at June 30, 2014 and December 31, 2013:
			June 30, 2014
	(in thousands)		Amortized			Carrying					Gross				Gross			Fair Value
			Cost			Amount					Unrealized				Unrealized
											Gain				Loss
	Mortgage-Related Securities:
	GSE certificates			$	2,520,996		$	2,520,996				$	81,225			$	13,971		$	2,588,250
	GSE CMOs				1,808,830			1,808,830					66,951				3,087			1,872,694
	Total mortgage-related securities			$	4,329,826		$	4,329,826				$	148,176			$	17,058		$	4,460,944
	Other Securities:
	GSE debentures			$	3,009,861		$	3,009,861				$	18,718			$	82,230		$	2,946,349
	Corporate bonds				73,105			73,105					12,156				--			85,261
	Municipal bonds				59,577			59,577					8				1,842			57,743
	Capital trust notes				84,676			75,542					4,733				7,821			72,454
	Total other securities			$	3,227,219		$	3,218,085				$	35,615			$	91,893		$	3,161,807
	Total securities held to maturity (1)			$	7,557,045		$	7,547,911				$	183,791			$	108,951		$	7,622,751
	-1	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
			December 31, 2013
	(in thousands)		Amortized			Carrying					Gross				Gross			Fair Value
			Cost			Amount					Unrealized				Unrealized
											Gain				Loss
	Mortgage-Related Securities:
	GSE certificates			$	2,529,102		$	2,529,102				$	30,145			$	61,280		$	2,497,967
	GSE CMOs				1,878,885			1,878,885					29,330				22,520			1,885,695
	Total mortgage-related securities			$	4,407,987		$	4,407,987				$	59,475			$	83,800		$	4,383,662
Other Securities:
GSE debentures			$	3,053,253		$	3,053,253				$	6,512			$	208,506		$	2,851,259
Corporate bonds				72,899			72,899					11,063				--			83,962
Municipal bonds				60,462			60,462					19				3,849			56,632
Capital trust notes				84,871			75,681					3,134				9,086			69,729
Total other securities			$	3,271,485		$	3,262,295				$	20,728			$	221,441		$	3,061,582
Total securities held to maturity (1)			$	7,679,472		$	7,670,282				$	80,203			$	305,241		$	7,445,244
-1	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).
The Company had $571.7 million and $561.4 million of Federal Home Loan Bank (“FHLB”) stock, at cost, at June 30, 2014 and December 31, 2013, respectively, primarily consisting of stock in the FHLB-New York (“FHLB-NY”). The Company is required to maintain an investment in FHLB-NY stock in order to have access to the funding it provides to the Company.
The following table summarizes the gross proceeds, gross realized gains, and gross realized losses from the sale of available-for-sale securities during the six months ended June 30, 2014 and 2013:
		For the Six Months Ended
		June 30,
(in thousands)		2014			2013
Gross proceeds				$137,309			$414,186
Gross realized gains				5,135			5,193
Gross realized losses				--			--
In addition, during the six months ended June 30, 2013, the Company sold held-to-maturity securities with gross proceeds of $191.1 million and gross realized gains of $11.6 million, all of which were securities on which the Company had collected a substantial portion (at least 85%) of the initial principal balance. No comparable sales occurred in the first six months of 2014.
In the following table, the beginning balance represents the credit loss component for debt securities on which OTTI occurred prior to January 1, 2014. For credit-impaired debt securities, OTTI recognized in earnings after that date is presented as an addition in two components, based upon whether the current period is the first time a debt security was credit-impaired (initial credit impairment) or is not the first time a debt security was credit-impaired (subsequent credit impairment).
(in thousands)		For the Six Months
		Ended June 30, 2014
Beginning credit loss amount as of December 31, 2013			$216,334
Add:    Initial other-than-temporary credit losses			--
Subsequent other-than-temporary credit losses			--
Amount previously recognized in AOCL			--
Less:    Realized losses for securities sold			--
Securities intended or required to be sold			--
Increases in expected cash flows on debt securities			--
Ending credit loss amount as of June 30, 2014			$216,334
The following table summarizes the carrying amounts and estimated fair values of held-to-maturity debt securities, and the amortized costs and estimated fair values of available-for-sale debt securities, at June 30, 2014, by contractual maturity. Mortgage-related securities held to maturity and available for sale, all of which have prepayment provisions, are distributed to a maturity category based on the ends of the estimated average lives of such securities. Principal and amortization prepayments are not shown in maturity categories as they occur, but are considered in the determination of estimated average life.
		At June 30, 2014
(dollars in thousands)		Mortgage-			Average					U.S. Treasury				Average			Municipal				Average			Other Debt			Average		Fair Value
		Related			Yield					and GSE				Yield			Bonds				Yield (1)			Securities (2)			Yield
		Securities								Obligations
Held-to-Maturity Securities:
Due within one year			$	--			--%				$	--				--%		$	--				--%		$	--		--%		$	--
Due from one to five years				--			--					60,254				4.17			1,072				2.96			--		--			67,420
Due from five to ten years				3,237,916			3.23					2,779,002				2.74			--				--			47,165		3.14			6,090,577
Due after ten years				1,091,910			3.36					170,605				3.58			58,505				2.85			101,482		5.80			1,464,754
Total debt securities held to maturity			$	4,329,826			3.27%				$	3,009,861				2.82%		$	59,577				2.86%		$	148,647		4.96%		$	7,622,751
Available-for-Sale Securities: (3)
Due within one year			$	--			--%				$	--				--%		$	124				6.09%		$	--		--%		$	127
Due from one to five years				4,449			6.85					--				--			557				6.45			--		--			5,357
Due from five to ten years				16,255			3.74					--				--			280				6.63			--		--			17,704
Due after ten years				68,484			3.54					--				--			--				--			13,425		5.67			80,357
Total debt securities available for sale			$	89,188			3.74%				$	--				--%		$	961				6.46%		$	13,425		5.67%		$	103,545
-1	Not presented on a tax-equivalent basis.
-2	Consists of corporate bonds and capital trust notes. Included in capital trust notes are $208,000 of pooled trust preferred securities held to maturity, all of which are due after ten years. The remaining capital trust notes consist of single-issue trust preferred securities.
-3	As equity securities have no contractual maturity, they have been excluded from this table.
The following table presents held-to-maturity and available-for-sale securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of June 30, 2014:
At June 30, 2014		Less than Twelve Months								Twelve Months or Longer							Total
(in thousands)		Fair Value			Unrealized Loss					Fair Value				Unrealized Loss			Fair Value				Unrealized Loss
Temporarily Impaired Held-to-Maturity Debt Securities:
GSE debentures				$        --			$   --					$2,155,070				$  82,230			$2,155,070				$  82,230
GSE certificates				--			--					673,205				13,971			673,205				13,971
GSE CMOs				3,302			10					148,008				3,077			151,310				3,087
Municipal bonds				--			--					56,663				1,842			56,663				1,842
Capital trust notes				--			--					38,356				7,821			38,356				7,821
Total temporarily impaired held-to-maturity debt securities				$  3,302			$  10					$3,071,302				$108,941			$3,074,604				$108,951
Temporarily Impaired Available-for-Sale Securities:
Debt Securities:
Private label CMOs				$  9,464			$  66					$             --				$          --			$       9,464				$         66
GSE CMOs				--			--					45,539				1,072			45,539				1,072
Capital trust notes				--			--					5,860				1,565			5,860				1,565
Total temporarily impaired available-for-sale debt securities				$  9,464			$  66					$     51,399				$    2,637			$     60,863				$    2,703
Equity securities				43,975			403					--				--			43,975				403
Total temporarily impaired available-for-sale securities				$53,439			$469					$     51,399				$    2,637			$   104,838				$    3,106
The following table presents held-to-maturity and available-for-sale securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of December 31, 2013:
At December 31, 2013		Less than Twelve Months								Twelve Months or Longer							Total
(in thousands)		Fair Value			Unrealized Loss					Fair Value				Unrealized Loss			Fair Value				Unrealized Loss
Temporarily Impaired Held-to-Maturity Debt Securities:
GSE debentures			$	2,777,417		$	208,506				$	--			$	--		$	2,777,417			$	208,506
GSE certificates				1,684,793			61,280					--				--			1,684,793				61,280
GSE CMOs				936,691			22,520					--				--			936,691				22,520
Municipal bonds				55,333			3,849					--				--			55,333				3,849
Capital trust notes				24,900			100					37,181				8,986			62,081				9,086
Total temporarily impaired held-to-maturity debt securities			$	5,479,134		$	296,255				$	37,181			$	8,986		$	5,516,315			$	305,241
Temporarily Impaired Available-for-Sale Securities:
Debt Securities:
GSE certificates			$	--		$	--				$	110			$	1		$	110			$	1
Private label CMOs				10,202			12					--				--			10,202				12
GSE CMOs				44,725			1,861					--				--			44,725				1,861
Capital trust notes				1,992			8					5,746				1,673			7,738				1,681
Total temporarily impaired available-for-sale debt securities			$	56,919		$	1,881				$	5,856			$	1,674		$	62,775			$	3,555
Equity securities				75,886			4,195					--				--			75,886				4,195
Total temporarily impaired available-for-sale securities			$	132,805		$	6,076				$	5,856			$	1,674		$	138,661			$	7,750
An OTTI loss on impaired securities must be fully recognized in earnings if an investor has the intent to sell the debt security, or if it is more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost. However, even if an investor does not expect to sell a debt security, it must evaluate the expected cash flows to be received and determine if a credit loss has occurred. In the event that a credit loss occurs, only the amount of impairment associated with the credit loss is recognized in earnings. Amounts relating to factors other than credit losses are recorded in AOCL. FASB guidance also requires additional disclosures regarding the calculation of credit losses, as well as factors considered by the investor in reaching a conclusion that an investment is not other-than-temporarily impaired.
Securities in unrealized loss positions are analyzed as part of the Company’s ongoing assessment of OTTI. When the Company intends to sell such securities, the Company recognizes an impairment loss equal to the full difference between the amortized cost basis and the fair value of those securities. When the Company does not intend to sell equity or debt securities in an unrealized loss position, potential OTTI is considered based on a variety of factors, including the length of time and extent to which the fair value has been less than the cost; adverse conditions specifically related to the industry, the geographic area, or financial condition of the issuer, or the underlying collateral of a security; the payment structure of the security; changes to the rating of the security by a rating agency; the volatility of the fair value changes; and changes in fair value of the security after the balance sheet date. For debt securities, the Company estimates cash flows over the remaining life of the underlying collateral to assess whether credit losses exist and, where applicable, to determine if any adverse changes in cash flows have occurred. The Company’s cash flow estimates take into account expectations of relevant market and economic data as of the end of the reporting period. As of June 30, 2014, the Company did not intend to sell its securities with an unrealized loss position, and it was more likely than not that the Company would not be required to sell these securities before recovery of their amortized cost basis. The Company believes that the securities with an unrealized loss position were not other-than-temporarily impaired as of June 30, 2014.
Other factors considered in determining whether or not an impairment is temporary include the length of time and the extent to which fair value has been below cost; the severity of the impairment; the cause of the impairment; the financial condition and near-term prospects of the issuer; activity in the market of the issuer that may indicate adverse credit conditions; and the forecasted recovery period using current estimates of volatility in market interest rates (including liquidity and risk premiums).
Management’s assertion regarding its intent not to sell, or that it is not more likely than not that the Company will be required to sell a security before its anticipated recovery, is based on a number of factors, including a quantitative estimate of the expected recovery period (which may extend to maturity), and management’s intended strategy with respect to the identified security or portfolio. If management does have the intent to sell, or believes it is more likely than not that the Company will be required to sell the security before its anticipated recovery, the unrealized loss is charged directly to earnings in the Consolidated Statement of Income and Comprehensive Income.
The unrealized losses on the Company’s GSE mortgage-related securities and GSE debentures at June 30, 2014 were primarily caused by movements in market interest rates and spread volatility, rather than credit risk. It is expected that these securities will not be settled at a price that is less than the amortized cost of the Company’s investment. Because the Company does not have the intent to sell the investments, and it is not more likely than not that the Company will be required to sell them before the anticipated recovery of fair value, which may be at maturity, the Company did not consider these investments to be other than temporarily impaired at June 30, 2014.
The Company reviews quarterly financial information related to its investments in municipal bonds and capital trust notes, as well as other information that is released by each of the issuers of such bonds and notes, to determine their continued creditworthiness. The contractual terms of these investments do not permit settling the securities at prices that are less than the amortized costs of the investments; therefore, the Company expects that these investments will not be settled at prices that are less than their amortized costs. The Company continues to monitor these investments and currently estimates that the present value of expected cash flows is not less than the amortized cost of the securities. Because the Company does not have the intent to sell the investments, and it is not more likely than not that the Company will be required to sell them before the anticipated recovery of fair value, which may be at maturity, it did not consider these investments to be other-than-temporarily impaired at June 30, 2014. It is possible that these securities will perform worse than is currently expected, which could lead to adverse changes in cash flows from these securities and potential OTTI losses in the future. Future events that could trigger material unrecoverable declines in the fair values of the Company’s investments, and result in potential OTTI losses, include, but are not limited to, government intervention; deteriorating asset quality and credit metrics; significantly higher levels of default and loan loss provisions; losses in value on the underlying collateral; deteriorating credit enhancement; net operating losses; and further illiquidity in the financial markets.
At June 30, 2014, the Company’s equity securities portfolio consisted of perpetual preferred stock, common stock, and mutual funds. The Company considers a decline in the fair value of available-for-sale equity securities to be other than temporary if the Company does not expect to recover the entire amortized cost basis of the security. The unrealized losses on the Company’s equity securities at the end of June 2014 were primarily caused by market volatility. The Company evaluated the near-term prospects of a recovery of fair value for each security in the portfolio, together with the severity and duration of impairment to date. Based on this evaluation, and its ability and intent to hold these investments for a reasonably sufficient period of time to realize a near-term forecasted recovery of fair value, the Company did not consider these investments to be other-than-temporarily impaired at June 30, 2014. Nonetheless, it is possible that these equity securities will perform worse than is currently expected, which could lead to adverse changes in their fair values, or the failure of the securities to fully recover in value as presently forecasted by management. This potentially would cause the Company to record OTTI losses in future periods. Events that could trigger material declines in the fair values of these securities include, but are not limited to, deterioration in the equity markets; a decline in the quality of the loan portfolios of the issuers in which the Company has invested; and the recording of higher loan loss provisions and net operating losses by such issuers.
The investment securities designated as having a continuous loss position for twelve months or more at June 30, 2014 consisted of forty agency mortgage-backed securities, seventeen agency debt securities, six agency CMOs, six capital trust notes, and three municipal bonds. At December 31, 2013, the investment securities designated as having a continuous loss position for twelve months or more consisted of six capital trust notes and one mortgage-backed security. At June 30, 2014 and December 31, 2013, the combined market value of the respective securities represented unrealized losses of $111.6 million and $10.7 million. At June 30, 2014, the fair value of securities having a continuous loss position for twelve months or more was 3.4% below the collective amortized cost of $3.2 billion. At December 31, 2013, the fair value of such securities was 19.9% below the collective amortized cost of $53.7 million.

Loans

Loans	6 Months Ended
	Jun. 30, 2014
Loans	'
	Note 5. Loans
	The following table sets forth the composition of the loan portfolio at June 30, 2014 and December 31, 2013:
			June 30, 2014						December 31, 2013
	(dollars in thousands)		Amount			Percent of			Amount			Percent of
						Non-Covered						Non-Covered
						Loans Held for						Loans Held for
						Investment						Investment
	Non-Covered Loans Held for Investment:
	Mortgage Loans:
	Multi-family			$	22,310,512			69.79%		$	20,699,927			69.41%
	Commercial real estate				7,619,751			23.84			7,364,231			24.70
	One-to-four family				689,966			2.16			560,730			1.88
	Acquisition, development, and construction				343,598			1.07			344,100			1.15
	Total mortgage loans held for investment				30,963,827			96.86			28,968,988			97.14
	Other Loans:
	Commercial and industrial				860,911			2.70			712,260			2.39
	Lease financing, net of unearned income of $5,705 and $5,723				105,977			0.33			101,431			0.34
	Total commercial and industrial loans				966,888			3.03			813,691			2.73
	Other				35,696			0.11			39,036			0.13
	Total other loans held for investment				1,002,584			3.14			852,727			2.86
	Total non-covered loans held for investment			$	31,966,411			100.00%		$	29,821,715			100.00%
	Net deferred loan origination costs				19,529						16,274
	Allowance for losses on non-covered loans				(139,473)						(141,946)
	Non-covered loans held for investment, net			$	31,846,467					$	29,696,043
	Covered loans				2,596,659						2,788,618
	Allowance for losses on covered loans				(49,626)						(64,069)
	Total covered loans, net			$	2,547,033					$	2,724,549
	Loans held for sale				308,895						306,915
	Total loans, net			$	34,702,395					$	32,727,507
	Non-Covered Loans
	Non-Covered Loans Held for Investment
	The vast majority of the loans the Company originates for investment are multi-family loans, most of which are collateralized by non-luxury apartment buildings in New York City that are rent-regulated and feature below-market rents. In addition, the Company originates commercial real estate (“CRE”) loans, most of which are collateralized by properties located in New York City and Long Island.
	The Company also originates one-to-four family loans; acquisition, development, and construction (“ADC”) loans; and commercial and industrial (“C&I”) loans for investment. ADC loans are primarily originated for multi-family and residential tract projects in New York City and on Long Island, while one-to-four family loans are originated both within and beyond the markets served by its branch offices. C&I loans consist of asset-based loans, equipment loans and leases, and dealer floor plan loans (together, “specialty finance loans and leases”) that are made to nationally recognized borrowers throughout the U.S. and are senior debt-secured; and other C&I loans, both secured and unsecured, that primarily are made to small and mid-size businesses in Metro New York. Such C&I loans are typically made for working capital, business expansion, and the purchase of machinery and equipment.
	Payments on multi-family and CRE loans generally depend on the income produced by the underlying properties which, in turn, depends on their successful operation and management. Accordingly, the ability of the Company’s borrowers to repay these loans may be impacted by adverse conditions in the local real estate market and the local economy. While the Company generally requires that such loans be qualified on the basis of the collateral property’s current cash flows, appraised value, and debt service coverage ratio, among other factors, there can be no assurance that its underwriting policies will protect the Company from credit-related losses or delinquencies.
	The one-to-four family loans that are held for investment consist primarily of hybrid loans (both jumbo and agency-conforming) that have been made at conservative loan-to-value ratios to borrowers with a documented history of repaying their debts.
	ADC loans typically involve a higher degree of credit risk than loans secured by improved or owner-occupied real estate. Accordingly, borrowers are required to provide a guarantee of repayment and completion, and loan proceeds are disbursed as construction progresses, as certified by in-house or third-party engineers. The risk of loss on an ADC loan is largely dependent upon the accuracy of the initial appraisal of the property’s value upon completion of construction or development; the estimated cost of construction, including interest; and the estimated time to complete and/or sell or lease such property. The Company seeks to minimize these risks by maintaining conservative lending policies and rigorous underwriting standards. However, if the estimate of value proves to be inaccurate, the cost of completion is greater than expected, the length of time to complete and/or sell or lease the collateral property is greater than anticipated, or if there is a downturn in the local economy or real estate market, the property could have a value upon completion that is insufficient to assure full repayment of the loan. This could have a material adverse effect on the quality of the ADC loan portfolio, and could result in losses or delinquencies.
	To minimize the risk involved in specialty finance lending and leasing, the Company primarily participates in broadly syndicated asset-based loans, equipment loan and lease financing, and dealer floor plan loans that are presented by those who are on an approved list of select, nationally recognized sources with whom its lending officers have established long-term funding relationships. The loans and leases, which are secured by a perfected first security interest in the underlying collateral and structured as senior debt, are made to large corporate obligors, the majority of which are publicly traded, carry investment grade or near-investment grade ratings, participate in stable industries, and are located nationwide. To further minimize the risk involved in specialty finance lending and leasing, the Company re-underwrites each transaction; in addition, it retains outside counsel to conduct a further review of the underlying documentation.
	To minimize the risks involved in other C&I lending, the Company underwrites such loans on the basis of the cash flows produced by the business; requires that such loans be collateralized by various business assets, including inventory, equipment, and accounts receivable, among others; and requires personal guarantees. However, the capacity of a borrower to repay such a C&I loan is substantially dependent on the degree to which his or her business is successful. In addition, the collateral underlying such loans may depreciate over time, may not be conducive to appraisal, or may fluctuate in value, based upon the results of operations of the business.
	Included in non-covered loans held for investment at June 30, 2014 and December 31, 2013 were loans to non-officer directors of $148.0 million and $149.4 million, respectively.
	Loans Held for Sale
	The Community Bank’s mortgage banking operation was established in January 2010 to originate, aggregate, and service one-to-four family loans. Community banks, credit unions, mortgage companies, and mortgage brokers use its proprietary web-accessible mortgage banking platform to originate and close one-to-four family loans throughout the U.S. These loans are generally sold, servicing retained, to GSEs. To a much lesser extent, the Community Bank uses its mortgage banking platform to originate fixed-rate jumbo loans under contract for sale to other financial institutions. The volume of jumbo loan originations has been insignificant to date, and the Company does not expect such loans to represent a material portion of the held-for-sale loans it originates. The Company also services mortgage loans for various third parties, primarily including those it sells to GSEs. The unpaid principal balance of loans serviced for others was $21.7 billion at June 30, 2014 and $21.5 billion at December 31, 2013.
	Asset Quality
	The following table presents information regarding the quality of the Company’s non-covered loans held for investment at June 30, 2014:
	(in thousands)		Loans			Non-			Loans			Total Past			Current			Total Loans
			30-89 Days			Accrual			90 Days or More			Due			Loans			Receivable
			Past Due			Loans			Delinquent and			Loans
									Still Accruing
									Interest
	Multi-family			$	1,082		$	33,668		$	--		$	34,750		$	22,275,762		$	22,310,512
	Commercial real estate				878			27,054			--			27,932			7,591,819			7,619,751
	One-to-four family				1,641			9,189			--			10,830			679,136			689,966
	Acquisition, development, and construction				--			2,328			--			2,328			341,270			343,598
	Commercial and industrial(1)				--			5,132			--			5,132			961,756			966,888
	Other				425			1,243			--			1,668			34,028			35,696
	Total			$	4,026		$	78,614		$	--		$	82,640		$	31,883,771		$	31,966,411
	-1	Includes lease financing receivables, all of which were current at June 30, 2014.
	The following table presents information regarding the quality of the Company’s non-covered loans held for investment at December 31, 2013:
	(in thousands)		Loans			Non-			Loans			Total Past			Current			Total Loans
			30-89 Days			Accrual			90 Days or More			Due			Loans			Receivable
			Past Due			Loans			Delinquent and			Loans
									Still Accruing
									Interest
	Multi-family			$	33,678		$	58,395		$	--		$	92,073		$	20,607,854		$	20,699,927
Commercial real estate				1,854			24,550			--			26,404			7,337,827			7,364,231
One-to-four family				1,076			10,937			--			12,013			548,717			560,730
Acquisition, development, and construction				--			2,571			--			2,571			341,529			344,100
Commercial and industrial(1)				1			5,735			--			5,736			807,955			813,691
Other				480			1,349			--			1,829			37,207			39,036
Total			$	37,089		$	103,537		$	--		$	140,626		$	29,681,089		$	29,821,715
-1	Includes lease financing receivables, all of which were current at December 31, 2013.
The following table summarizes the Company’s portfolio of non-covered loans held for investment by credit quality indicator at June 30, 2014:
(in thousands)		Multi-Family			Commercial			One-to-Four			Acquisition,			Total			Commercial			Other			Total Other
					Real Estate			Family			Development, and			Mortgage			and						Loan
											Construction			Loans			Industrial(1)						Segment
Credit Quality Indicator:
Pass				$22,242,080		$	7,573,442		$	685,627		$	340,937		$	30,842,086		$	924,962		$	34,452		$	959,414
Special mention				27,211			11,718			--			--			38,929			36,277			--			36,277
Substandard				41,221			34,591			4,339			2,661			82,812			5,642			1,244			6,886
Doubtful				--			--			--			--			--			7			--			7
Total				$22,310,512		$	7,619,751		$	689,966		$	343,598		$	30,963,827		$	966,888		$	35,696		$	1,002,584
-1	Includes lease financing receivables, all of which were classified as “pass.”
The following table summarizes the Company’s portfolio of non-covered loans held for investment by credit quality indicator at December 31, 2013:
(in thousands)		Multi-Family			Commercial			One-to-Four			Acquisition,			Total			Commercial			Other			Total Other
					Real Estate			Family			Development, and			Mortgage			and						Loan
											Construction			Loans			Industrial(1)						Segment
Credit Quality Indicator:
Pass				$20,527,460		$	7,304,502		$	554,132		$	333,805		$	28,719,899		$	793,693		$	37,688			$831,381
Special mention				73,549			25,407			--			7,400			106,356			13,036			--			13,036
Substandard				98,918			33,822			6,598			2,895			142,233			6,808			1,348			8,156
Doubtful				--			500			--			--			500			154			--			154
Total				$20,699,927		$	7,364,231		$	560,730		$	344,100		$	28,968,988		$	813,691		$	39,036			$852,727
-1	Includes lease financing receivables, all of which were classified as “pass.”
The preceding classifications follow regulatory guidelines and can be generally described as follows: pass loans are of satisfactory quality; special mention loans have a potential weakness or risk that may result in the deterioration of future repayment; substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged (these loans have a well-defined weakness and there is a distinct possibility that the Company will sustain some loss); and doubtful loans, based on existing circumstances, have weaknesses that make collection or liquidation in full highly questionable and improbable. In addition, one-to-four family loans are classified utilizing an inter-regulatory agency methodology that incorporates the extent of delinquency and the loan-to-value ratios. These classifications are the most current available and generally have been updated within the last twelve months.
Troubled Debt Restructurings
The Company is required to account for certain held-for-investment loan modifications or restructurings as “Troubled Debt Restructurings” (“TDRs”). In general, a modification or restructuring of a loan constitutes a TDR if the Company grants a concession to a borrower experiencing financial difficulty. Loans modified as TDRs generally are placed on non-accrual status until the Company determines that future collection of principal and interest is reasonably assured, which requires that the borrower demonstrate performance according to the restructured terms for a period of at least six consecutive months.
In an effort to proactively manage delinquent loans, the Company has selectively extended to certain borrowers concessions such as rate reductions, extension of maturity dates, and forbearance agreements. As of June 30, 2014, loans on which concessions were made with respect to rate reductions and/or extension of maturity dates amounted to $43.6 million; loans on which forbearance agreements were reached amounted to $6.0 million.
The following table presents information regarding the Company’s TDRs as of June 30, 2014 and December 31, 2013:
		June 30, 2014									December 31, 2013
(in thousands)		Accruing			Non-Accrual			Total			Accruing			Non-Accrual			Total
Loan Category:
Multi-family				$10,001			$18,093			$28,094			$10,083			$50,548			$60,631
Commercial real estate				2,156			16,295			18,451			2,198			15,626			17,824
One-to-four family				--			--			--			--			--			--
Acquisition, development, and construction				--			935			935			--			--			--
Commercial and industrial				956			1,210			2,166			1,129			758			1,887
Total				$13,113			$36,533			$49,646			$13,410			$66,932			$80,342
The eligibility of a borrower for work-out concessions of any nature depends upon the facts and circumstances of each transaction, which may change from period to period, and involves judgment by Company personnel regarding the likelihood that the concession will result in the maximum recovery for the Company.
In the six months ended June 30, 2014, the Company classified one ADC loan in the amount of $935,000, one C&I loan in the amount of $499,000, one multi-family loan in the amount of $316,000, and one CRE loan in the amount of $2.1 million, as non-accrual TDRs. While other concessions were granted to the borrowers, the interest rates on the loans were maintained. As a result, these TDRs did not have a financial impact on the Company’s results of operations during the current six-month period.
At June 30, 2014, none of the loans that had been modified as TDRs during the twelve months ended at that date were in payment default. A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms.
The Company does not consider a payment to be in default when the loan is in forbearance, or otherwise granted a delay of payment, when the agreement to forebear or allow a delay of payment is part of a modification. Subsequent to the modification, the loan is not considered to be in default until payment is contractually past due in accordance with the modified terms. However, the Company does consider a loan with multiple modifications or forbearance periods to be in default, and would also consider a loan to be in default if it was in bankruptcy or was partially charged off subsequent to modification.
Covered Loans
The following table presents the carrying value of covered loans acquired in the AmTrust and Desert Hills acquisitions as of June 30, 2014:
(dollars in thousands)		Amount			Percent of
					Covered Loans
Loan Category:
One-to-four family			$	2,365,543			91.10%
All other loans				231,116			8.9
Total covered loans			$	2,596,659			100.00%
The Company refers to the loans acquired in the AmTrust and Desert Hills transactions as “covered loans” because the Company is being reimbursed for a substantial portion of losses on these loans under the terms of the FDIC loss sharing agreements. Covered loans are accounted for under Accounting Standards Codification (“ASC”) Topic 310-30, “Loans and Debt Securities Acquired with Deteriorated Credit Quality” (“ASC 310-30”) and are initially measured at fair value, which includes estimated future credit losses expected to be incurred over the lives of the loans. Under ASC 310-30, purchasers are permitted to aggregate acquired loans into one or more pools, provided that the loans have common risk characteristics. A pool is then accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows.
At June 30, 2014 and December 31, 2013, the unpaid principal balances of covered loans were $3.1 billion and $3.3 billion, respectively. The carrying values of such loans were $2.6 billion and $2.8 billion, respectively, at the corresponding dates.
At the respective acquisition dates, the Company estimated the fair values of the AmTrust and Desert Hills loan portfolios, which represented the expected cash flows from the portfolios, discounted at market-based rates. In estimating such fair values, the Company: (a) calculated the contractual amount and timing of undiscounted principal and interest payments (the “undiscounted contractual cash flows”); and (b) estimated the expected amount and timing of undiscounted principal and interest payments (the “undiscounted expected cash flows”). The amount by which the undiscounted expected cash flows exceed the estimated fair value (the “accretable yield”) is accreted into interest income over the lives of the loans. The amount by which the undiscounted contractual cash flows exceed the undiscounted expected cash flows is referred to as the “non-accretable difference.” The non-accretable difference represents an estimate of the credit risk in the loan portfolios at the respective acquisition dates.
The accretable yield is affected by changes in interest rate indices for variable rate loans, changes in prepayment assumptions, and changes in expected principal and interest payments over the estimated lives of the loans. Changes in interest rate indices for variable rate loans increase or decrease the amount of interest income expected to be collected, depending on the direction of interest rates. Prepayments affect the estimated lives of covered loans and could change the amount of interest income and principal expected to be collected. Changes in expected principal and interest payments over the estimated lives of covered loans are driven by the credit outlook and by actions that may be taken with borrowers.
The Company periodically evaluates the estimates of the cash flows it expects to collect. Expected future cash flows from interest payments are based on variable rates at the time of the periodic evaluation. Estimates of expected cash flows that are impacted by changes in interest rate indices for variable rate loans and prepayment assumptions are treated as prospective yield adjustments and included in interest income.
Changes in the accretable yield for covered loans in the six months ended June 30, 2014 were as follows:
(in thousands)		Accretable Yield
Balance at beginning of period				$796,993
Reclassification from non-accretable difference				159,338
Accretion				(69,636)
Balance at end of period				$886,695
In the preceding table, the line item “reclassification from non-accretable difference” includes changes in cash flows that the Company expects to collect due to changes in prepayment assumptions, changes in interest rates on variable rate loans, and changes in loss assumptions. As of the Company’s most recent periodic evaluation, prepayment assumptions declined, which resulted in an increase in future expected interest cash flows and, consequently, an increase in the accretable yield. The effect of this increase was partially offset by two factors: first, the coupon rates on variable rate loans reset lower, which resulted in a decrease in future expected interest cash flows and, consequently, a decrease in the accretable yield; and second, as the underlying credit assumptions worsened slightly, the projected loss assumptions on defaulting loans increased which, in turn, reduced the accretable yield.
In connection with the AmTrust and Desert Hills acquisitions, the Company also acquired other real estate owned (“OREO”), all of which is covered under the FDIC loss sharing agreements. Covered OREO was initially recorded at its estimated fair value on the acquisition date, based on independent appraisals, less the estimated selling costs. Any subsequent write-downs due to declines in fair value have been charged to non-interest expense, and have been partially offset by loss reimbursements under the FDIC loss sharing agreements. Any recoveries of previous write-downs have been credited to non-interest expense and partially offset by the portion of the recovery that was due to the FDIC.
The FDIC loss share receivable represents the present value of the estimated losses to be reimbursed by the FDIC. The estimated losses were based on the same cash flow estimates used in determining the fair value of the covered loans. The FDIC loss share receivable is reduced as losses on covered loans are recognized and as loss sharing payments are received from the FDIC. Realized losses in excess of acquisition-date estimates result in an increase in the FDIC loss share receivable. Conversely, if realized losses are lower than the acquisition-date estimates, the FDIC loss share receivable is reduced by amortization to interest income.
The following table presents information regarding the Company’s covered loans that were 90 days or more past due at June 30, 2014 and December 31, 2013:
(in thousands)		June 30, 2014			December 31, 2013
Covered Loans 90 Days or More Past Due:
One-to-four family				$164,266			$201,425
Other loans				9,726			10,060
Total covered loans 90 days or more past due				$173,992			$211,485
The following table presents information regarding the Company’s covered loans that were 30 to 89 days past due at June 30, 2014 and December 31, 2013:
(in thousands)		June 30, 2014			December 31, 2013
Covered Loans 30-89 Days Past Due:
One-to-four family				$44,834			$52,250
Other loans				3,999			5,679
Total covered loans 30-89 days past due				$48,833			$57,929
At June 30, 2014, the Company had $48.8 million of covered loans that were 30 to 89 days past due, and covered loans of $174.0 million that were 90 days or more past due but considered to be performing due to the application of the yield accretion method under ASC 310-30. The remaining portion of the Company’s covered loan portfolio totaled $2.4 billion at June 30, 2014 and was considered current at that date. ASC 310-30 allows the Company to aggregate credit-impaired loans acquired in the same fiscal quarter into one or more pools, provided that the loans have common risk characteristics. A pool is then accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows.
Loans that may have been classified as non-performing loans by AmTrust or Desert Hills were no longer classified as non-performing by the Company because, at the respective dates of acquisition, the Company believed that it would fully collect the new carrying value of these loans. The new carrying value represents the contractual balance, reduced by the portion that is expected to be uncollectible (i.e., the non-accretable difference) and by an accretable yield (discount) that is recognized as interest income. It is important to note that management’s judgment is required in reclassifying loans subject to ASC 310-30 as performing loans, and such judgment is dependent on having a reasonable expectation about the timing and amount of the cash flows to be collected, even if the loan is contractually past due.
The primary credit quality indicator for covered loans is the expectation of underlying cash flows. The Company recorded a provision for losses on covered loans of $188,000 in the three months ended June 30, 2014. The provision was largely due to credit deterioration in the acquired portfolios of one-to-four family and home equity loans, and was partly offset by FDIC indemnification income of $150,000 recorded in non-interest income in the corresponding three-month period.
The Company recovered $14.4 million from the allowance for losses on covered loans during the six months ended June 30, 2014. The recoveries were recorded in connection with an increase in expected cash flows on certain pools of loans acquired in the Company’s FDIC-assisted transactions, and were partly offset by FDIC indemnification expense of $11.6 million, which was recorded in non-interest income in the corresponding six-month period.

Allowances_for_Loan_Losses

Allowances for Loan Losses	6 Months Ended
	Jun. 30, 2014
Allowances for Loan Losses	'
	Note 6. Allowances for Loan Losses
	The following tables provide information regarding the Company’s allowances for losses on non-covered and covered loans, based upon the method of evaluating loan impairment, at the dates indicated:
	(in thousands)	Mortgage				Other					Total
	Allowances for Loan Losses at June 30, 2014:
	Loans individually evaluated for impairment		$	--			$	2				$	2
	Loans collectively evaluated for impairment			126,420				13,051					139,471
	Acquired loans with deteriorated credit quality			44,076				5,550					49,626
	Total		$	170,496			$	18,603				$	189,099
	(in thousands)	Mortgage				Other					Total
	Allowances for Loan Losses at December 31, 2013:
	Loans individually evaluated for impairment		$	--			$	--				$	--
	Loans collectively evaluated for impairment			127,840				14,106					141,946
	Acquired loans with deteriorated credit quality			56,705				7,364					64,069
	Total		$	184,545			$	21,470				$	206,015
	The following tables provide additional information regarding the methods used to evaluate the Company’s loan portfolio for impairment:
	(in thousands)	Mortgage				Other					Total
	Loans Receivable at June 30, 2014:
	Loans individually evaluated for impairment		$	70,067			$	6,113				$	76,180
	Loans collectively evaluated for impairment			30,893,760				996,471					31,890,231
	Acquired loans with deteriorated credit quality			2,365,543				231,116					2,596,659
	Total		$	33,329,370			$	1,233,700				$	34,563,070
	(in thousands)	Mortgage				Other					Total
	Loans Receivable at December 31, 2013:
	Loans individually evaluated for impairment		$	109,389			$	6,996				$	116,385
	Loans collectively evaluated for impairment			28,859,599				845,731					29,705,330
	Acquired loans with deteriorated credit quality			2,529,200				259,418					2,788,618
	Total		$	31,498,188			$	1,112,145				$	32,610,333
	Allowance for Losses on Non-Covered Loans
	The following table summarizes activity in the allowance for losses on non-covered loans for the six months ended June 30, 2014 and 2013:
		For the Six Months Ended June 30,
		2014												2013
	(in thousands)	Mortgage			Other				Total					Mortgage				Other				Total
	Balance, beginning of period		$127,840			$14,106				$141,946					$127,934				$13,014				$140,948
	Charge-offs		(2,344)			(5,044)				(7,388)					(6,024)				(7,019)				(13,043)
	Recoveries		924			3,991				4,915					2,306				478				2,784
	(Recovery of) provision for loan losses		--			--				--					(301)				10,301				10,000
	Balance, end of period		$126,420			$13,053				$139,473					$123,915				$16,774				$140,689
	Please see “Critical Accounting Policies” for additional information regarding the Company’s allowance for losses on non-covered loans.
	The following table presents additional information about the Company’s impaired non-covered loans at June 30, 2014:
	(in thousands)	Recorded				Unpaid					Related				Average					Interest
		Investment				Principal					Allowance				Recorded					Income
						Balance									Investment					Recognized
	Impaired loans with no related allowance:
	Multi-family		$	38,687			$	46,456				$	--			$	62,907				$	669
	Commercial real estate			28,832				31,100					--				30,250					779
	One-to-four family			1,613				1,648					--				987					--
	Acquisition, development, and construction			935				1,002					--				312					158
	Commercial and industrial			6,111				12,199					--				8,409					189
	Total impaired loans with no related allowance		$	76,178			$	92,405				$	--			$	102,865				$	1,795
	Impaired loans with an allowance recorded:
	Multi-family		$	--			$	--				$	--			$	--				$	--
	Commercial real estate			--				--					--				818					--
	One-to-four family			--				--					--				102					--
	Acquisition, development, and construction			--				--					--				--					--
	Commercial and industrial			2				2					2				--					--
	Total impaired loans with an allowance recorded		$	2			$	2				$	2			$	920				$	--
	Total impaired loans:
	Multi-family		$	38,687			$	46,456				$	--			$	62,907				$	669
	Commercial real estate			28,832				31,100					--				31,068					779
	One-to-four family			1,613				1,648					--				1,089					--
	Acquisition, development, and construction			935				1,002					--				312					158
	Commercial and industrial			6,113				12,201					2				8,409					189
	Total impaired loans		$	76,180			$	92,407				$	2			$	103,785				$	1,795
The following table presents additional information about the Company’s impaired non-covered loans at December 31, 2013:
(in thousands)	Recorded				Unpaid					Related				Average					Interest
	Investment				Principal					Allowance				Recorded					Income
					Balance									Investment					Recognized
Impaired loans with no related allowance:
Multi-family		$	78,771			$	94,265				$	--			$	117,208				$	1,991
Commercial real estate			30,619				32,474					--				43,566					1,604
One-to-four family			--				--					--				3,611					89
Acquisition, development, and construction			--				--					--				275					--
Commercial and industrial			6,995				34,199					--				6,890					366
Total impaired loans with no related allowance		$	116,385			$	160,938				$	--			$	171,550				$	4,050
Impaired loans with an allowance recorded:
Multi-family		$	--			$	--				$	--			$	2,442				$	--
Commercial real estate			--				--					--				900					--
One-to-four family			--				--					--				--					--
Acquisition, development, and construction			--				--					--				--					--
Commercial and industrial			--				--					--				--					--
Total impaired loans with an allowance recorded		$	--			$	--				$	--			$	3,342				$	--
Total impaired loans:
Multi-family		$	78,771			$	94,265				$	--			$	119,650				$	1,991
Commercial real estate			30,619				32,474					--				44,466					1,604
One-to-four family			--				--					--				3,611					89
Acquisition, development, and construction			--				--					--				275					--
Commercial and industrial			6,995				34,199					--				6,890					366
Total impaired loans		$	116,385			$	160,938				$	--			$	174,892				$	4,050
Allowance for Losses on Covered Loans
Covered loans are reported exclusive of the FDIC loss share receivable. The covered loans acquired in the AmTrust and Desert Hills acquisitions are, and will continue to be, reviewed for collectability based on the expectations of cash flows from these loans. Covered loans have been aggregated into pools of loans with common characteristics. In determining the allowance for losses on covered loans, the Company periodically performs an analysis to estimate the expected cash flows for each of the loan pools. The Company records a provision for losses on covered loans to the extent that the expected cash flows from a loan pool have decreased since the acquisition date. Accordingly, if there is a decrease in expected cash flows due to an increase in estimated credit losses (as compared to the estimates made at the respective acquisition dates), the decrease in the present value of expected cash flows is recorded as a provision for covered loan losses charged to earnings, and an allowance for covered loan losses is established. A related credit to non-interest income and an increase in the FDIC loss share receivable is recognized at the same time, and measured based on the applicable loss sharing agreement percentage.
The following table summarizes activity in the allowance for losses on covered loans for the six months ended June 30, 2014 and 2013:
	For the Six Months
	Ended June 30,
(in thousands)	2014			2013
Balance, beginning of period	$	64,069		$	51,311
(Recovery of) provision for losses on covered loans		(14,443	)		9,120
Balance, end of period	$	49,626		$	60,431

Borrowed_Funds

Borrowed Funds	6 Months Ended
	Jun. 30, 2014
Borrowed Funds	'
	Note 7. Borrowed Funds
	The following table summarizes the Company’s borrowed funds at June 30, 2014 and December 31, 2013:
	(in thousands)		June 30,		December 31,
			2014		2013
	Wholesale borrowings:
	FHLB advances			$11,089,128		$10,872,576
	Repurchase agreements			3,425,000		3,425,000
	Fed funds purchased			425,000		445,000
	Total wholesale borrowings			$14,939,128		$14,742,576
	Other borrowings:
	Junior subordinated debentures			$     358,238		$     358,126
	Preferred stock of subsidiaries			4,300		4,300
	Total other borrowings			$     362,538		$     362,426
	Total borrowed funds			$15,301,666		$15,105,002
	At June 30, 2014 and December 31, 2013, the Company had $358.2 million and $358.1 million, respectively, of outstanding junior subordinated deferrable interest debentures (“junior subordinated debentures”) held by statutory business trusts (the “Trusts”) that issued guaranteed capital securities. The capital securities qualified as Tier 1 capital of the Company at that date. However, with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the qualification of capital securities as Tier 1 capital is expected to be phased out by January 1, 2016.
	The Trusts are accounted for as unconsolidated subsidiaries in accordance with GAAP. The proceeds of each issuance were invested in a series of junior subordinated debentures of the Company and the underlying assets of each statutory business trust are the relevant debentures. The Company has fully and unconditionally guaranteed the obligations under each trust’s capital securities to the extent set forth in a guarantee by the Company to each trust. The Trusts’ capital securities are each subject to mandatory redemption, in whole or in part, upon repayment of the debentures at their stated maturity or earlier redemption.
	The following junior subordinated debentures were outstanding at June 30, 2014:
	Issuer		Interest Rate of		Junior		Capital		Date of	Stated Maturity	First Optional
			Capital Securities		Subordinated		Securities		Original Issue		Redemption Date
			and Debentures		Debenture		Amount
					Carrying		Outstanding
					Amount
					(dollars in thousands)
	New York Community Capital Trust V (BONUSESSM Units)		6.000%			$144,312		$137,961	Nov. 4, 2002	Nov. 1, 2051	Nov. 4, 2007 (1)
	New York Community Capital Trust X		1.831			123,712		120,000	Dec. 14, 2006	Dec. 15, 2036	Dec. 15, 2011 (2)
	PennFed Capital Trust III		3.481			30,928		30,000	2-Jun-03	15-Jun-33	June 15, 2008 (2)
	New York Community Capital Trust XI		1.884			59,286		57,500	April 16, 2007	June 30, 2037	June 30, 2012 (2)
	Total junior subordinated debentures					$358,238		$345,461
	-1	Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002.
	-2	Callable from this date forward.

Mortgage_Servicing_Rights

Mortgage Servicing Rights	6 Months Ended
	Jun. 30, 2014
Mortgage Servicing Rights	'
	Note 8. Mortgage Servicing Rights
	The Company had MSRs of $228.8 million and $241.0 million, respectively, at June 30, 2014 and December 31, 2013, with both balances consisting entirely of residential MSRs.
	Residential MSRs are carried at fair value, with changes in fair value recorded as a component of non-interest income in each period. The Company uses various derivative instruments to mitigate the income statement-effect of changes in fair value due to changes in valuation inputs and assumptions regarding its residential MSRs. The effects of changes in the fair value of the derivatives are recorded in “Non-interest income.” MSRs do not trade in an active open market with readily observable prices. Accordingly, the Company bases the fair value of its MSRs on the present value of estimated future net servicing income cash flows. The Company estimates future net servicing income cash flows with assumptions that market participants would use to estimate fair value, including estimates of prepayment speeds, discount rates, default rates, refinance rates, servicing costs, escrow account earnings, contractual servicing fee income, and ancillary income. The Company reassesses, and periodically adjusts, the underlying inputs and assumptions to reflect market conditions and assumptions that a market participant would consider in valuing the MSR asset.
	The value of residential MSRs at any given time is significantly affected by the mortgage interest rates that are then currently available in the marketplace which, in turn, influence mortgage loan prepayment speeds. During periods of declining interest rates, the value of MSRs generally declines as an increase in mortgage refinancing activity results in an increase in prepayments. Conversely, during periods of rising interest rates, the value of MSRs generally increases as mortgage refinancing activity declines.
	During the twelve months ended December 31, 2013, the Company also had securitized MSRs, which were carried at the lower of the initial carrying value, adjusted for amortization, or fair value, and were amortized in proportion to, and over the period of, estimated net servicing income. Such MSRs were periodically evaluated for impairment, based on the difference between their carrying amount and their current fair value. If it was determined that impairment existed, the resultant loss was charged to earnings. Reflecting amortization, the Company had no securitized MSRs at December 31, 2013.
	The following tables set forth the changes in the balances of residential and securitized MSRs for the periods indicated:
			For the Three Months Ended						For the Three Months Ended
			June 30, 2014						June 30, 2013
	(in thousands)		Residential			Securitized			Residential		Securitized
	Carrying value, beginning of period			$238,004			$ --			$172,849		$129
	Additions			7,175			--			23,072		--
	Increase (decrease) in fair value:
	Due to changes in valuation assumptions			(535)			--			34,754		--
	Due to other changes (1)			(15,829)			--			-15,716		--
	Amortization			--			--			--		-33
	Carrying value, end of period			$228,815			$ --			$214,959		$  96
	-1	Net servicing cash flows, including loan payoffs, and the passage of time.
			For the Six Months Ended						For the Six Months Ended
			June 30, 2014						June 30, 2013
	(in thousands)		Residential			Securitized			Residential		Securitized
	Carrying value, beginning of year			$241,018			$ --			$144,520		$193
	Additions			13,983			--			54,673		--
	Increase (decrease) in fair value:
	Due to changes in valuation assumptions			(492)			--			47,848		--
	Due to other changes(1)			(25,694)			--			-32,082		--
	Amortization			--			--			--		-97
	Carrying value, end of period			$228,815			$ --			$214,959		$  96
	-1	Net servicing cash flows, including loan payoffs, and the passage of time.
	The following table presents the key assumptions used in calculating the fair value of the Company’s residential MSRs at the dates indicated:
			June 30, 2014			December 31, 2013
	Expected weighted average life			87 months			93 months
	Constant prepayment speed			8.7	%		8.3	%
	Discount rate			10			10.5
	Primary mortgage rate to refinance			4.2			4.5
	Cost to service (per loan per year):
	Current			$  63			$  53
	30-59 days or less delinquent			213			103
	60-89 days delinquent			313			203
	90-119 days delinquent			413			303
	120 days or more delinquent			563			553

Pension_and_Other_PostRetireme

Pension and Other Post-Retirement Benefits	6 Months Ended
	Jun. 30, 2014
Pension and Other Post-Retirement Benefits	'
	Note 9. Pension and Other Post-Retirement Benefits
	The following tables set forth certain disclosures regarding the Company’s pension and post-retirement plans for the periods indicated:
		For the Three Months Ended June 30,
		2014								2013
	(in thousands)	Pension				Post-Retirement				Pension				Post-Retirement
		Benefits				Benefits				Benefits				Benefits
	Components of net periodic (credit) expense:
	Interest cost		$	1,474			$	190			$	1,364			$	171
	Service cost			--				1				--				1
	Expected return on plan assets			(4,859	)			--				(4,147	)			--
	Amortization of prior-service loss			--				(62	)			--				(62	)
	Amortization of net actuarial loss			822				118				2,351				164
	Net periodic (credit) expense		$	(2,563	)		$	247			$	(432	)		$	274
		For the Six Months Ended June 30,
		2014								2013
	(in thousands)	Pension				Post-Retirement				Pension				Post-Retirement
		Benefits				Benefits				Benefits				Benefits
	Components of net periodic (credit) expense:
	Interest cost		$	2,948			$	380			$	2,728			$	342
	Service cost			--				2				--				2
	Expected return on plan assets			(9,718	)			--				(8,294	)			--
	Amortization of prior-service loss			--				(124	)			--				(124	)
	Amortization of net actuarial loss			1,644				236				4,702				328
	Net periodic (credit) expense		$	(5,126	)		$	494			$	(864	)		$	548
	The Company expects to contribute $1.5 million to its post-retirement plan to pay premiums and claims for the fiscal year ending December 31, 2014. The Company does not expect to make any contributions to its pension plan in 2014.

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2014
Stock-Based Compensation	'
	Note 10. Stock-Based Compensation
	At June 30, 2014, the Company had a total of 14,471,653 shares available for grants as options, restricted stock, or other forms of related rights under the New York Community Bancorp, Inc. 2012 Stock Incentive Plan (the “2012 Stock Incentive Plan”), which was approved by the Company’s shareholders at its Annual Meeting on June 7, 2012. Included in this amount were 1,030,673 shares that were transferred from the New York Community Bancorp, Inc. 2006 Stock Incentive Plan (the “2006 Stock Incentive Plan”), which was approved by the Company’s shareholders at its Annual Meeting on June 7, 2006 and reapproved at its Annual Meeting on June 2, 2011. The Company granted 2,329,498 shares of restricted stock in the six months ended June 30, 2014, with an average fair value of $16.82 per share on the date of grant and a vesting period of five years. The six-month amount includes 15,000 shares that were granted in the second quarter with an average fair value of $15.75 per share on the date of grant. Compensation and benefits expense related to the restricted stock grants is recognized on a straight-line basis over the vesting period, and totaled $13.9 million and $11.0 million, respectively, in the six months ended June 30, 2014 and 2013, including $7.3 million and $5.4 million, respectively, in the three months ended at those dates.
	A summary of activity with regard to restricted stock awards in the six months ended June 30, 2014 is presented in the following table:
		For the Six Months Ended
		June 30, 2014
		Number of Shares			Weighted Average
					Grant Date Fair Value
	Unvested at beginning of year		5,043,642			$	14.27
	Granted		2,329,498				16.82
	Vested		(1,295,631	)			14.55
	Cancelled		(57,700	)			15.2
	Unvested at end of period		6,019,809				15.19
	As of June 30, 2014, unrecognized compensation cost relating to unvested restricted stock totaled $79.7 million. This amount will be recognized over a remaining weighted average period of 3.5 years.
	In addition, the Company had the following stock option plans at June 30, 2014: the 1998 Richmond County Financial Corp. Stock Compensation Plan; the 1998 Long Island Financial Corp. Stock Option Plan; and the 2004 Synergy Financial Group Stock Option Plans (all plans collectively referred to as the “Stock Option Plans”). All stock options granted under the Stock Option Plans expire ten years from the date of grant.
	The Company uses the modified prospective approach to recognize compensation costs related to share-based payments at fair value on the date of grant, and recognizes such costs in the financial statements over the vesting period during which the employee provides service in exchange for the award. As there were no unvested options at any time during the six months ended June 30, 2014, or the year ended December 31, 2013, the Company did not record any compensation and benefits expense relating to stock options during those periods.
	To satisfy the exercise of options, the Company either issues new shares of common stock or uses common stock held in Treasury. In the event that Treasury stock is used, the difference between the average cost of Treasury shares and the exercise price is recorded as an adjustment to retained earnings or paid-in capital on the date of exercise. At June 30, 2014, there were 103,974 stock options outstanding. The number of shares available for future issuance under the Stock Option Plans was 11,453 at that date.
	The status of the Stock Option Plans at June 30, 2014, and changes that occurred during the six months ended at that date, are summarized below:
		For the Six Months Ended
		June 30, 2014
		Number of Stock			Weighted Average
		Options			Exercise Price
	Stock options outstanding, beginning of year		126,821			$	15.21
	Granted		--				--
	Exercised		(21,107)				12.69
	Expired/forfeited		(1,740)				16.38
	Stock options outstanding, end of period		103,974				15.7
	Options exercisable, end of period		103,974				15.7
	The intrinsic value of stock options outstanding and exercisable at June 30, 2014 was $146,000. The intrinsic value of options exercised during the six months ended June 30, 2014 and 2013 was $63,000 and $60,000, respectively.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2014
Fair Value Measurements	'
	Note 11. Fair Value Measurements
	GAAP sets forth a definition of fair value, establishes a consistent framework for measuring fair value, and requires disclosure for each major asset and liability category measured at fair value on either a recurring or non-recurring basis. GAAP also clarifies that fair value is an “exit” price, representing the amount that would be received when selling an asset, or paid when transferring a liability, in an orderly transaction between market participants. Fair value is thus a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
		—		Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
		—		Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
		—		Level 3 – Inputs to the valuation methodology are significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants use in pricing an asset or liability.
	A financial instrument’s categorization within this valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.
	The following tables present assets and liabilities that were measured at fair value on a recurring basis as of June 30, 2014 and December 31, 2013, and that were included in the Company’s Consolidated Statements of Condition at those dates:
			Fair Value Measurements at June 30, 2014 Using
	(in thousands)		Quoted Prices in			Significant				Significant				Netting				Total
			Active Markets			Other				Unobservable				Adjustments(1)				Fair Value
			for Identical			Observable				Inputs
			Assets			Inputs				(Level 3)
			(Level 1)			(Level 2)
	Assets:
	Mortgage-Related Securities Available for Sale:
	GSE certificates		$	--		$	21,712			$	--				$      --			$	21,712
	GSE CMOs			--			59,362				--				--				59,362
	Private label CMOs			--			9,465				--				--				9,465
	Total mortgage-related securities		$	--		$	90,539			$	--				$      --			$	90,539
	Other Securities Available for Sale:
	Municipal bonds		$	--		$	1,075			$	--				$      --			$	1,075
	Capital trust notes			--			11,931				--				--				11,931
	Preferred stock			95,105			27,679				--				--				122,784
	Common stock			16,916			1,802				--				--				18,718
	Total other securities		$	112,021		$	42,487			$	--				$      --			$	154,508
	Total securities available for sale		$	112,021		$	133,026			$	--				$      --			$	245,047
	Other Assets:
	Loans held for sale		$	--		$	308,895			$	--				$      --			$	308,895
	Mortgage servicing rights			--			--				228,815				--				228,815
	Interest rate lock commitments			--			--				3,892				--				3,892
	Derivative assets-other (2)			2,699			4,982				--				(4,324	)			3,357
	Liabilities:
	Derivative liabilities		$	-570		$	-5,154			$	--				$4,687			$	-1,037
	-1	Includes cash collateral received from, and paid to, counterparties.
	-2	Includes  $2.6 million to purchase Treasury options.
			Fair Value Measurements at December 31, 2013 Using
	(in thousands)		Quoted Prices in			Significant				Significant				Netting				Total
			Active Markets			Other				Unobservable				Adjustments(1)				Fair Value
			for Identical			Observable				Inputs
			Assets			Inputs				(Level 3)
			(Level 1)			(Level 2)
	Assets:
	Mortgage-Related Securities Available for Sale:
	GSE certificates		$	--		$	25,200			$	--				$        --			$	25,200
	GSE CMOs			--			60,819				--				--				60,819
	Private label CMOs			--			10,202				--				--				10,202
	Total mortgage-related securities		$	--		$	96,221			$	--				$        --			$	96,221
	Other Securities Available for Sale:
	Municipal bonds		$	--		$	1,026			$	--				$        --			$	1,026
	Capital trust notes			--			11,798				--				--				11,798
	Preferred stock			89,942			26,297				--				--				116,239
	Common stock			52,740			2,714				--				--				55,454
	Total other securities		$	142,682		$	41,835			$	--				$        --			$	184,517
	Total securities available for sale		$	142,682		$	138,056			$	--				$        --			$	280,738
	Other Assets:
	Loans held for sale		$	--		$	306,915			$	--				$        --			$	306,915
	Mortgage servicing rights			--			--				241,018				--				241,018
	Interest rate lock commitments			--			--				258				--				258
	Derivative assets-other (1)			1,267			5,155				--				-4,848				1,574
	Liabilities:
	Derivative liabilities		$	-590		$	-7,422			$	--				$  7,624			$	-388
	-1	Includes cash collateral received from, and paid to, counterparties.
	-2	Includes  $1.3 million to purchase Treasury options.
The Company reviews and updates the fair value hierarchy classifications for its assets on a quarterly basis. Changes from one quarter to the next that are related to the observability of inputs for a fair value measurement may result in a reclassification from one hierarchy level to another.
A description of the methods and significant assumptions utilized in estimating the fair values of available-for-sale securities follows.
Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include highly liquid government securities, exchange-traded securities, and derivatives.
If quoted market prices are not available for the specific security, then fair values are estimated by using pricing models. These pricing models primarily use market-based or independently sourced market parameters as inputs, including, but not limited to, yield curves, interest rates, equity or debt prices, and credit spreads. In addition to observable market information, models incorporate transaction details such as maturity and cash flow assumptions. Securities valued in this manner would generally be classified within Level 2 of the valuation hierarchy, and primarily include such instruments as mortgage-related and corporate debt securities.
In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. In valuing capital trust notes, which may include pooled trust preferred securities, collateralized debt obligations (“CDOs”), and certain single-issue capital trust notes, the determination of fair value may require benchmarking to similar instruments or analyzing default and recovery rates. Therefore, capital trust notes are valued using a model based on the specific collateral composition and cash flow structure of the securities. Key inputs to the model consist of market spread data for each credit rating, collateral type, and other relevant contractual features. In instances where quoted price information is available, the price is considered when arriving at a security’s fair value. Where there is limited activity or less transparency around the inputs to the valuation of preferred stock, the valuation is based on a discounted cash flow model.
Periodically, the Company uses fair values supplied by independent pricing services to corroborate the fair values derived from the pricing models. In addition, the Company reviews the fair values supplied by independent pricing services, as well as their underlying pricing methodologies, for reasonableness. The Company challenges pricing services’ valuations that appear to be unusual or unexpected.
The Company carries loans held for sale originated by the Residential Mortgage Banking segment at fair value, in accordance with ASC Topic 825, “Financial Instruments.” The fair value of loans held for sale is primarily based on quoted market prices for securities backed by similar types of loans. Changes in the fair value of these assets are largely driven by changes in interest rates subsequent to loan funding, and changes in the fair value of servicing associated with the mortgage loans held for sale. Loans held for sale are classified within Level 2 of the valuation hierarchy.
MSRs do not trade in an active open market with readily observable prices. The Company bases the fair value of its MSRs on the present value of estimated future net servicing income cash flows, utilizing an internal valuation model. The Company estimates future net servicing income cash flows with assumptions that market participants would use to estimate fair value, including estimates of prepayment speeds, discount rates, default rates, refinance rates, servicing costs, escrow account earnings, contractual servicing fee income, and ancillary income. The Company reassesses and periodically adjusts the underlying inputs and assumptions to reflect market conditions and assumptions that a market participant would consider in valuing the MSR asset. MSR fair value measurements use significant unobservable inputs and, accordingly, are classified within Level 3.
Exchange-traded derivatives that are valued using quoted prices are classified within Level 1 of the valuation hierarchy. The majority of the Company’s derivative positions are valued using internally developed models that use readily observable market parameters as their basis. These are parameters that are actively quoted and can be validated by external sources, including industry pricing services. Where the types of derivative products have been in existence for some time, the Company uses models that are widely accepted in the financial services industry. These models reflect the contractual terms of the derivatives, including the period to maturity, and market-based parameters such as interest rates, volatility, and the credit quality of the counterparty. Furthermore, many of these models do not contain a high level of subjectivity, as the methodologies used in the models do not require significant judgment, and inputs to the models are readily observable from actively quoted markets, as is the case for “plain vanilla” interest rate swaps and option contracts. Such instruments are generally classified within Level 2 of the valuation hierarchy. Derivatives that are valued based on models with significant unobservable market parameters, and that are normally traded less actively, have trade activity that is one-way, and/or are traded in less-developed markets, are classified within Level 3 of the valuation hierarchy.
The fair values of interest rate lock commitments (“IRLCs”) for residential mortgage loans that the Company intends to sell are based on internally developed models. The key model inputs primarily include the sum of the value of the forward commitment based on the loans’ expected settlement dates and the projected values of the MSRs, loan level price adjustment factors, and historical IRLC closing ratios. The closing ratio is computed by the Company’s mortgage banking operation and is periodically reviewed by management for reasonableness. Such derivatives are classified as Level 3.
While the Company believes its valuation methods are appropriate and consistent with those of other market participants, the use of different methodologies or assumptions to determine the fair values of certain financial instruments could result in different estimates of fair values at a reporting date.
Fair Value Option
Loans Held for Sale
The Company has elected the fair value option for its loans held for sale. The Company’s loans held for sale consist of one-to-four family mortgage loans, none of which was 90 days or more past due at June 30, 2014. Management believes that the mortgage banking business operates on a short-term cycle. Therefore, in order to reflect the most relevant valuations for the key components of this business, and to reduce timing differences in amounts recognized in earnings, the Company has elected to record loans held for sale at fair value to match the recognition of IRLCs, MSRs, and derivatives, all of which are recorded at fair value in earnings. Fair value is based on independent quoted market prices of mortgage-backed securities comprised of loans with similar features to those of the Company’s loans held for sale, where available, and adjusted as necessary for such items as servicing value, guaranty fee premiums, and credit spread adjustments.
The following table reflects the difference between the fair value carrying amount of loans held for sale for which the Company has elected the fair value option, and the unpaid principal balance:
		June 30, 2014					December 31, 2013
(in thousands)		Fair Value		Aggregate	Fair Value		Fair Value		Aggregate		Fair Value
		Carrying		Unpaid	Carrying Amount		Carrying		Unpaid		Carrying Amount
		Amount		Principal	Less Aggregate		Amount		Principal		Less Aggregate
					Unpaid Principal						Unpaid Principal
Loans held for sale		$308,895		$298,154	$10,741		$306,915		$303,805		$3,110
Gains and Losses Included in Income for Assets Where the Fair Value Option Has Been Elected
The assets accounted for under the fair value option are initially measured at fair value. Gains and losses from the initial measurement and subsequent changes in fair value are recognized in earnings.
The following table presents the changes in fair value related to initial measurement, and the subsequent changes in fair value included in earnings, for loans held for sale and MSRs for the periods indicated:
		Gain (Loss) Included in Mortgage Banking Income
		from Changes in Fair Value (1)
		For the Three Months							For the Six Months Ended
		Ended June 30,							June 30,
(in thousands)		2014			2013				2014				2013
Loans held for sale		$	5,267		$	(24,437	)		$	6,934			$	(14,765	)
Mortgage servicing rights			(16,364	)		19,038				(26,186	)			15,766
Total (loss) gain		$	(11,097	)	$	(5,399	)		$	(19,252	)		$	1,001
-1	Does not include the effect of hedging activities.
The Company has determined that there is no instrument-specific credit risk related to its loans held for sale, due to the short duration of such assets.
Changes in Level 3 Fair Value Measurements
The following tables present, for the six months ended June 30, 2014 and 2013, a roll-forward of the balance sheet amounts (including changes in fair value) for financial instruments classified in Level 3 of the valuation hierarchy:
(in thousands)		Fair Value			Total Realized/Unrealized								Issuances				Settlements			Transfers			Fair Value			Change in Unrealized
					Gains/(Losses) Recorded in																					Gains/(Losses) Related to
		January 1,			Income/				Comprehensive											to/(from)			at June 30,			Instruments Held at
		2014			(Loss)				(Loss) Income											Level 3			2014			June 30, 2014
Mortgage servicing rights			$241,018			$(26,186	)			$      --				$13,983				$  --			$  --			$228,815			$    (492	)
Interest rate lock commitments			258			3,634				--				--				--			--			3,892			3,892
(in thousands)		Fair Value			Total Realized/Unrealized								Issuances				Settlements			Transfers			Fair Value			Change in Unrealized
					Gains/(Losses) Recorded in																					Gains/(Losses) Related to
		January 1,			Income/				Comprehensive											to/(from)			at June 30,			Instruments Held at
		2013			(Loss)				(Loss) Income											Level 3			2013			June 30, 2013
Available-for-sale capital securities			$  18,569			$          --				$1,324				$        --				$  --			$  --			$  19,893			$  1,324
Mortgage servicing rights			144,520			15,766				--				54,673				--			--			214,959			47,848
Interest rate lock commitments			21,446			(28,099	)			--				--				--			--			(6,653	)		(6,541	)
The Company’s policy is to recognize transfers in and out of Levels 1, 2, and 3 as of the end of the reporting period. There were no transfers in or out of Level 3 during the six months ended June 30, 2014 or 2013. During the six months ended June 30, 2013, the Company transferred certain preferred stock to Level 2 from Level 1 as a result of decreased observable market activity for these securities. There were no gains or losses recognized as a result of the transfer of securities during the six months ended June 30, 2013.
For Level 3 assets and liabilities measured at fair value on a recurring basis as of June 30, 2014, the significant unobservable inputs used in the fair value measurements were as follows:
(dollars in thousands)		Fair Value at			Valuation Technique		Significant Unobservable Inputs		Significant
		June 30, 2014							Unobservable
									Input Value
Mortgage Servicing Rights			$228,815		Discounted Cash Flow		Weighted Average Constant Prepayment Rate (1)		8.70%
							Weighted Average Discount Rate		10.00
Interest Rate Lock Commitments			3,892		Pricing Model		Weighted Average Closing Ratio		74.31
-1	Represents annualized loan repayment rate assumptions.
The significant unobservable inputs used in the fair value measurement of the Company’s MSRs are the weighted average constant prepayment rate and the weighted average discount rate. Significant increases or decreases in either of those inputs in isolation could result in significantly lower or higher fair value measurements. Although the constant prepayment rate and the discount rate are not directly interrelated, they generally move in opposite directions.
The significant unobservable input used in the fair value measurement of the Company’s IRLCs is the closing ratio, which represents the percentage of loans currently in an interest rate lock position that management estimates will ultimately close. Generally, the fair value of an IRLC is positive if the prevailing interest rate is lower than the IRLC rate, and the fair value of an IRLC is negative if the prevailing interest rate is higher than the IRLC rate. Therefore, an increase in the closing ratio (i.e., a higher percentage of loans estimated to close) will result in the fair value of the IRLC increasing if in a gain position, or decreasing if in a loss position. The closing ratio is largely dependent on the stage of processing that a loan is currently in, and the change in prevailing interest rates from the time of the interest rate lock.
Assets Measured at Fair Value on a Non-Recurring Basis
Certain assets are measured at fair value on a non-recurring basis. Such instruments are subject to fair value adjustments under certain circumstances (e.g., when there is evidence of impairment). The following tables present assets and liabilities that were measured at fair value on a non-recurring basis as of June 30, 2014 and December 31, 2013, and that were included in the Company’s Consolidated Statements of Condition at those dates:
		Fair Value Measurements at June 30, 2014 Using
(in thousands)		Quoted Prices in				Significant Other					Significant					Total Fair
		Active Markets for				Observable Inputs					Unobservable Inputs					Value
		Identical Assets				(Level 2)					(Level 3)
		(Level 1)
Certain impaired loans				$--				$        --					$19,164					$19,164
Other assets (1)				--				22,893					--					22,893
Total				$--				$22,893					$19,164					$42,057
-1	Represents the fair value of OREO, based on the appraised value of the collateral subsequent to its initial classification as OREO.
		Fair Value Measurements at December 31, 2013 Using
(in thousands)		Quoted Prices in				Significant Other					Significant					Total Fair
		Active Markets for				Observable Inputs					Unobservable Inputs					Value
		Identical Assets				(Level 2)					(Level 3)
		(Level 1)
Certain impaired loans				$--				$        --					$47,535					$47,535
Other assets (1)				--				19,810					--					19,810
Total				$--				$19,810					$47,535					$67,345
-1	Represents the fair value of OREO, based on the appraised value of the collateral subsequent to its initial classification as OREO.
The fair values of collateral-dependent impaired loans are determined using various valuation techniques, including consideration of appraised values and other pertinent real estate market data.
Other Fair Value Disclosures
FASB guidance requires the disclosure of fair value information about the Company’s on- and off-balance-sheet financial instruments. When available, quoted market prices are used as the measure of fair value. In cases where quoted market prices are not available, fair values are based on present-value estimates or other valuation techniques. Such fair values are significantly affected by the assumptions used, the timing of future cash flows, and the discount rate.
Because assumptions are inherently subjective in nature, estimated fair values cannot be substantiated by comparison to independent market quotes. Furthermore, in many cases, the estimated fair values provided would not necessarily be realized in an immediate sale or settlement of such instruments.
The following tables summarize the carrying values, estimated fair values, and fair value measurement levels of financial instruments that were not carried at fair value on the Company’s Consolidated Statements of Condition at June 30, 2014 and December 31, 2013:
		June 30, 2014
											Fair Value Measurement Using
(in thousands)		Carrying				Estimated					Quoted Prices in					Significant				Significant
		Value				Fair Value					Active Markets					Other				Unobservable
											for Identical					Observable				Inputs
											Assets					Inputs				(Level 3)
											(Level 1)					(Level 2)
Financial Assets:
Cash and cash equivalents			$	668,950			$	668,950				$	668,950				$	--			$	--
Securities held to maturity				7,547,911				7,622,751					--					7,614,289				8,462
FHLB stock (1)				571,708				571,708					--					571,708				--
Loans, net				34,702,395				35,256,509					--					--				35,256,509
Financial Liabilities:
Deposits			$	27,352,469			$	27,373,609				$	20,633,293	-2			$	6,740,316	-3		$	--
Borrowed funds				15,301,666				16,300,287					--					16,300,287				--
-1	Carrying value and estimated fair value are at cost.
-2	NOW and money market accounts, savings accounts, and non-interest-bearing accounts.
-3	Certificates of deposit.
		December 31, 2013
											Fair Value Measurement Using
(in thousands)		Carrying				Estimated					Quoted Prices in					Significant				Significant
		Value				Fair Value					Active Markets					Other				Unobservable
											for Identical					Observable				Inputs
											Assets					Inputs				(Level 3)
											(Level 1)					(Level 2)
Financial Assets:
Cash and cash equivalents			$	644,550			$	644,550				$	644,550				$	--			$	--
Securities held to maturity				7,670,282				7,445,244					--					7,438,091				7,153
FHLB stock (1)				561,390				561,390					--					561,390				--
Loans, net				32,727,507				32,628,361					--					--				32,628,361
Financial Liabilities:
Deposits			$	25,660,992			$	25,712,388				$	18,728,896	-2			$	6,983,492	-3		$	--
Borrowed funds				15,105,002				16,058,931					--					16,058,931				--
-1	Carrying value and estimated fair value are at cost.
-2	NOW and money market accounts, savings accounts, and non-interest-bearing accounts.
-3	Certificates of deposit.
The methods and significant assumptions used to estimate fair values for the Company’s financial instruments follow:
Cash and Cash Equivalents
Cash and cash equivalents include cash and due from banks and fed funds sold. The estimated fair values of cash and cash equivalents are assumed to equal their carrying values, as these financial instruments are either due on demand or have short-term maturities.
Securities
If quoted market prices are not available for a specific security, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. These pricing models primarily use market-based or independently sourced market parameters as inputs, including, but not limited to, yield curves, interest rates, equity or debt prices, and credit spreads. In addition to observable market information, pricing models also incorporate transaction details such as maturity and cash flow assumptions.
Federal Home Loan Bank Stock
Ownership in equity securities of the FHLB is restricted and there is no established market for their resale. The carrying amount approximates the fair value.
Loans
The loan portfolio is segregated into various components for valuation purposes in order to group loans based on their significant financial characteristics, such as loan type (mortgage or other) and payment status (performing or non-performing). The estimated fair values of mortgage and other loans are computed by discounting the anticipated cash flows from the respective portfolios. The discount rates reflect current market rates for loans with similar terms to borrowers of similar credit quality. The estimated fair values of non-performing mortgage and other loans are based on recent collateral appraisals.
The methods used to estimate the fair value of loans are extremely sensitive to the assumptions and estimates used. While management has attempted to use assumptions and estimates that best reflect the Company’s loan portfolio and current market conditions, a greater degree of subjectivity is inherent in these values than in those determined in active markets. Accordingly, readers are cautioned in using this information for purposes of evaluating the financial condition and/or value of the Company in and of itself or in comparison with any other company.
Mortgage Servicing Rights
MSRs do not trade in an active market with readily observable prices. Accordingly, the Company utilizes a valuation model that calculates the present value of estimated future cash flows. The model incorporates various assumptions, including estimates of prepayment speeds, discount rates, refinance rates, servicing costs, and ancillary income. The Company reassesses and periodically adjusts the underlying inputs and assumptions to reflect current market conditions and assumptions that a market participant would consider in valuing the MSR asset.
Derivative Financial Instruments
For exchange-traded futures and exchange-traded options, fair value is based on observable quoted market prices in an active market. For forward commitments to buy and sell loans and mortgage-backed securities, fair value is based on observable market prices for similar loans and securities in an active market. The fair value of IRLCs for one-to-four family mortgage loans that the Company intends to sell is based on internally developed models. The key model inputs primarily include the sum of the value of the forward commitment based on the loans’ expected settlement dates, the value of MSRs arrived at by an independent MSR broker, government agency price adjustment factors, and historical IRLC fall-out factors.
Deposits
The fair values of deposit liabilities with no stated maturity (i.e., NOW and money market accounts, savings accounts, and non-interest-bearing accounts) are equal to the carrying amounts payable on demand. The fair values of certificates of deposit (“CDs”) represent contractual cash flows, discounted using interest rates currently offered on deposits with similar characteristics and remaining maturities. These estimated fair values do not include the intangible value of core deposit relationships, which comprise a significant portion of the Company’s deposit base.
Borrowed Funds
The estimated fair value of borrowed funds is based either on bid quotations received from securities dealers or the discounted value of contractual cash flows with interest rates currently in effect for borrowed funds with similar maturities and structures.
Off-Balance-Sheet Financial Instruments
The fair values of commitments to extend credit and unadvanced lines of credit are estimated based on an analysis of the interest rates and fees currently charged to enter into similar transactions, considering the remaining terms of the commitments and the creditworthiness of the potential borrowers. The estimated fair values of such off-balance-sheet financial instruments were insignificant at June 30, 2014 and December 31, 2013.

Derivative_Financial_Instrumen

Derivative Financial Instruments

6 Months Ended

Jun. 30, 2014

Derivative Financial Instruments

'

Note 12. Derivative Financial Instruments

The Company’s derivative financial instruments consist of financial forward and futures contracts, IRLCs, and options. These derivatives relate to mortgage banking operations, MSRs, and other risk management activities, and seek to mitigate or reduce the Company’s exposure to losses from adverse changes in interest rates. These activities will vary in scope based on the level and volatility of interest rates, the type of assets held, and other changing market conditions.

In accordance with the applicable accounting guidance, the Company takes into account the impact of collateral and master netting agreements that allow it to settle all derivative contracts held with a single counterparty on a net basis, and to offset the net derivative position with the related collateral when recognizing derivative assets and liabilities. As a result, the Company’s Statements of Financial Condition could reflect derivative contracts with negative fair values included in derivative assets, and contracts with positive fair values included in derivative liabilities.

The Company held derivatives with a notional amount of $2.2 billion at June 30, 2014. Changes in the fair value of these derivatives are reflected in current-period earnings. None of these derivatives are designated as hedges for accounting purposes.

The following table sets forth information regarding the Company’s derivative financial instruments at June 30, 2014:

June 30, 2014

Notional

Unrealized (1)

(in thousands)

Amount

Gain

Loss

Treasury options

$

505,000

$

141

$

438

Eurodollar futures

145,000

--

132

Forward commitments to sell loans/mortgage-backed securities

610,000

26

5,126

Forward commitments to buy loans/mortgage-backed securities

545,000

4,956

28

Interest rate lock commitments

419,478

3,892

--

Total derivatives

$

2,224,478

$

9,015

$

5,724

-1

Derivatives in a net gain position are recorded as “Other assets” and derivatives in a net loss position are recorded as “Other liabilities” in the Consolidated Statements of Condition.

The Company uses various financial instruments, including derivatives, in connection with its strategies to reduce pricing risk resulting from changes in interest rates. Derivative instruments may include IRLCs entered into with borrowers or correspondents/brokers to acquire agency-conforming fixed and adjustable rate residential mortgage loans that will be held for sale. Other derivative instruments include Treasury options and Eurodollar futures.

The Company enters into forward contracts to sell fixed rate mortgage-backed securities to protect against changes in the prices of agency-conforming fixed rate loans held for sale. Forward contracts are entered into with securities dealers in an amount related to the portion of IRLCs that is expected to close. The value of these forward sales contracts moves inversely with the value of the loans in response to changes in interest rates.

To manage the price risk associated with fixed rate non-conforming mortgage loans, the Company generally enters into forward contracts on mortgage-backed securities or forward commitments to sell loans to approved investors. Short positions in Eurodollar futures contracts are used to manage price risk on adjustable rate mortgage loans held for sale.

The Company also purchases put and call options to manage the risk associated with variations in the amount of IRLCs that ultimately close.

In addition, the Company mitigates a portion of the risk associated with changes in the value of MSRs. The general strategy for mitigating this risk is to purchase derivative instruments, the value of which changes in the opposite direction of interest rates, thus partially offsetting changes in the value of our servicing assets, which tends to move in the same direction as interest rates. Accordingly, the Company purchases Eurodollar futures and call options on Treasury securities, and enters into forward contracts to purchase mortgage-backed securities.

The following table sets forth the effect of derivative instruments on the Consolidated Statements of Income and Comprehensive Income for the periods indicated:

Gain (Loss) Included in Mortgage Banking Income

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

(in thousands)

2014

2013

2014

2013

Treasury options

$1,454

$(3,368)

$1,055

$(6,956)

Eurodollar futures

161

(11)

106

4

Forward commitments to buy/sell loans/mortgage-backed securities

3,038

21,905

6,533

30,884

Total gain

$4,653

$18,526

$7,694

$23,932

The Company has in place an enforceable master netting arrangement with every counterparty. All master netting arrangements include rights to offset associated with the Company’s recognized derivative assets, derivative liabilities, and cash collateral received and pledged. Accordingly, the Company, where appropriate, offsets all derivative asset and liability positions with the cash collateral received and pledged.

The following tables present the effect the master netting arrangements had on the presentation of the derivative assets in the Consolidated Statements of Financial Condition as of the dates indicated:

June 30, 2014

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Assets Presented

Instruments

Collateral

Amount

Recognized

Statement of

in the Statement

Received

Assets

Condition

of Condition

Derivatives

$11,573

$4,324

$7,249

$--

$--

$7,249

December 31, 2013

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Assets Presented

Instruments

Collateral

Amount

Recognized

Statement of

in the Statement

Received

Assets

Condition

of Condition

Derivatives

$6,680

$4,848

$1,832

$--

$--

$1,832

The following tables present the effect the master netting arrangements had on the presentation of the derivative liabilities in the Consolidated Statements of Financial Condition as of the dates indicated:

June 30, 2014

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Liabilities

Instruments

Collateral

Amount

Recognized

Statement of

Presented in the

Pledged

Liabilities

Condition

Statement of

Condition

Derivatives

$5,724

$4,687

$1,037

$--

$--

$1,037

December 31, 2013

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Liabilities

Instruments

Collateral

Amount

Recognized

Statement of

Presented in the

Pledged

Liabilities

Condition

Statement of

Condition

Derivatives

$8,012

$7,624

$388

$--

$--

$388

Segment_Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2014
Segment Reporting	'
	Note 13. Segment Reporting
	The Company’s operations are divided into two reportable business segments: Banking Operations and Residential Mortgage Banking. These operating segments have been identified based on the Company’s organizational structure. The segments require unique technology and marketing strategies, and offer different products and services. While the Company is managed as an integrated organization, individual executive managers are held accountable for the operations of these business segments.
	The Company measures and presents information for internal reporting purposes in a variety of ways. The internal reporting system presently used by management in the planning and measurement of operating activities, and to which most managers are held accountable, is based on organizational structure.
	The management accounting process uses various estimates and allocation methodologies to measure the performance of the operating segments. To determine financial performance for each segment, the Company allocates capital, funding charges and credits, certain non-interest expenses, and income tax provisions to each segment, as applicable. Allocation methodologies are subject to periodic adjustment as the internal management accounting system is revised and/or as business or product lines within the segments change. In addition, because the development and application of these methodologies is a dynamic process, the financial results presented may be periodically revised.
	The Company seeks to maximize shareholder value by, among other means, optimizing the return on stockholders’ equity and managing risk. Capital is assigned to each segment, the combination of which is equivalent to the Company’s consolidated total, on an economic basis, using management’s assessment of the inherent risks associated with the segment. Capital allocations are made to cover the following risk categories: credit risk, liquidity risk, interest rate risk, option risk, basis risk, market risk, and operational risk.
	The Company allocates expenses to the reportable segments based on various factors, including the volume and amount of loans produced and the number of full-time equivalent employees. Income taxes are allocated to the various segments based on taxable income and statutory rates applicable to the segment.
	Banking Operations Segment
	The Banking Operations segment serves consumers and businesses by offering and servicing a variety of loan and deposit products and other financial services.
	Residential Mortgage Banking Segment
	The Residential Mortgage Banking segment originates, aggregates, sells, and services one-to-four family mortgage loans. Mortgage loan products consist primarily of agency-conforming fixed- and adjustable-rate loans and, to a lesser extent, jumbo hybrid loans, for the purpose of purchasing or refinancing one-to-four family homes. The Residential Mortgage Banking segment earns interest on loans held in the warehouse and non-interest income from the origination and servicing of loans. It also recognizes gains or losses on the sale of such loans.
	The following table provides a summary of the Company’s segment results for the three months ended June 30, 2014, on an internally managed accounting basis:
			For the Three Months Ended June 30, 2014
	(in thousands)		Banking				Residential					Total
			Operations				Mortgage Banking					Company
	Net interest income			$	280,008			$	3,484				$	283,492
	Provision for loan losses				188				--					188
	Non-interest income:
	Third party(1)				36,578				16,015					52,593
	Inter-segment				(3,771)				3,771					--
	Total non-interest income				32,807				19,786					52,593
	Non-interest expense(2)				133,929				13,907					147,836
	Income before income tax expense				178,698				9,363					188,061
	Income tax expense				65,879				3,494					69,373
	Net income			$	112,819			$	5,869				$	118,688
	Identifiable segment assets (period-end)			$	47,931,214			$	673,558				$	48,604,772
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the six months ended June 30, 2014, on an internally managed accounting basis:
			For the Six Months Ended June 30, 2014
	(in thousands)		Banking				Residential					Total
			Operations				Mortgage Banking					Company
	Net interest income				$561,255				$6,387					$567,642
	Recovery of loan losses				(14,442)				--					-14,442
	Non-interest income:
	Third party(1)				58,462				31,366					89,828
	Inter-segment				(7,550)				7,550					--
	Total non-interest income				50,912				38,916					89,828
	Non-interest expense(2)				264,754				29,407					294,161
	Income before income tax expense				361,855				15,896					377,751
	Income tax expense				137,888				5,921					143,809
	Net income				$223,967				$9,975					$233,942
	Identifiable segment assets (period-end)				$47,931,214				$673,558					$48,604,772
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the three months ended June 30, 2013, on an internally managed accounting basis:
			For the Three Months Ended June 30, 2013
	(in thousands)		Banking			Residential				Total
			Operations			Mortgage Banking				Company
	Net interest income			$293,678			$6,206				$299,884
	Provision for loan losses			9,618			--				9,618
	Non-interest income:
	Third party(1)			29,835			23,910				53,745
	Inter-segment			-4,058			4,058				--
	Total non-interest income			25,777			27,968				53,745
	Non-interest expense(2)			131,201			20,464				151,665
	Income before income tax expense			178,636			13,710				192,346
	Income tax expense			64,633			5,196				69,829
	Net income			$114,003			$8,514				$122,517
	Identifiable segment assets (period-end)			$43,127,156			$1,058,682				$44,185,838
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the six months ended June 30, 2013, on an internally managed accounting basis:
			For the Six Months Ended June 30, 2013
(in thousands)		Banking			Residential				Total
		Operations			Mortgage Banking				Company
Net interest income			$561,741			$13,319				$575,060
Provision for loan losses			19,120			--				19,120
Non-interest income:
Third party(1)			78,557			50,739				129,296
Inter-segment			(8,217)			8,217				--
Total non-interest income			70,340			58,956				129,296
Non-interest expense(2)			266,127			41,634				307,761
Income before income tax expense			346,834			30,641				377,475
Income tax expense			124,667			11,616				136,283
Net income			$222,167			$19,025				$241,192
Identifiable segment assets (period-end)			$43,127,156			$1,058,682				$44,185,838
-1	Includes ancillary fee income.
-2	Includes both direct and indirect expenses.

Impact_of_Recent_Accounting_Pr

Impact of Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2014
Impact of Recent Accounting Pronouncements	'
	Note 14. Impact of Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU No. 2014-11, “Transfers and Servicing (Topic 860)—Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” The amendments in ASU No. 2014-11 require that repurchase-to-maturity transactions be accounted for as secured borrowings consistent with the accounting for other repurchase agreements. In addition, the amendments require separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty (a repurchase financing), which will result in secured borrowing accounting for the repurchase agreement. The amendments require an entity to disclose information about transfers accounted for as sales in transactions that are economically similar to repurchase agreements, in which the transferor retains substantially all of the exposure to the economic return on the transferred financial asset throughout the term of the transaction. In addition, the amendments require disclosure of the types of collateral pledged in repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions and the tenor of those transactions. The accounting changes in ASU No. 2014-11 are effective for the first interim or annual period beginning after December 15, 2014. The disclosure for certain transactions accounted for as sales is required to be presented for interim and annual periods beginning after December 15, 2014, and the disclosure for repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions accounted for as secured borrowings is required to be presented for annual periods beginning after December 15, 2014, and for interim periods beginning after March 15, 2015. The adoption of ASU No. 2014-11 is not expected to have a material effect on the Company’s consolidated statement of condition or results of operations.
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The amendments in ASU No. 2014-09 create Topic 606, “Revenue from Contracts with Customers,” and supersede the revenue recognition requirements in Topic 605, “Revenue Recognition,” including most industry-specific revenue recognition guidance throughout the Industry Topics of the Codification. In addition, the amendments supersede the cost guidance in Subtopic 605-35, “Revenue Recognition—Construction-Type and Production-Type Contracts,” and create new Subtopic 340-40, “Other Assets and Deferred Costs—Contracts with Customers.” In summary, the core principle of Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is in the process of evaluating the effects the adoption of ASU No. 2014-09 may have on the Company’s consolidated statement of condition or results of operations.
	In January 2014, the FASB issued ASU No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects.” The amendments in ASU No. 2014-01 provide guidance on accounting for investments by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for low-income housing tax credits. The amendments permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method, if certain conditions are met. ASU No. 2014-01 is effective for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2014, with early adoption permitted; it should be applied retrospectively to all periods presented. The Company adopted ASU No. 2014-01 on January 1, 2014. ASU No. 2014-01 calls for additional disclosures that will enable the reader to understand the nature of the investment and the effect of its measurement and related tax credits on a company’s financial condition and results of operations. Please see Note 1, “Organization and Basis of Presentation,” for the presentation of such disclosures.
	In January 2014, the FASB issued ASU No. 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40), Reclassification of Residential Real Estate-Collateralized Consumer Mortgage Loans upon Foreclosure.” The amendments in ASU No. 2014-04 clarify when an in-substance repossession or foreclosure occurs, i.e., when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of ASU No. 2014-04 is not expected to have a material effect on the Company’s consolidated statement of condition or results of operations.

Organization_and_Basis_of_Pres1

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2014
Basis of Presentation	'
	Basis of Presentation
	The following is a description of the significant accounting and reporting policies that the Company and its wholly-owned subsidiaries follow in preparing and presenting their consolidated financial statements, which conform to U.S. generally accepted accounting principles (“GAAP”) and to general practices within the banking industry. The preparation of financial statements in conformity with GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Estimates that are particularly susceptible to change in the near term are used in connection with the determination of the allowances for loan losses; the valuation of mortgage servicing rights (“MSRs”); the evaluation of goodwill for impairment; the evaluation of other-than-temporary impairment (“OTTI”) on securities; and the evaluation of the need for a valuation allowance on the Company’s deferred tax assets.
	The unaudited consolidated financial statements include the accounts of the Company and other entities in which the Company has a controlling financial interest. All inter-company accounts and transactions are eliminated in consolidation. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s 2013 Annual Report on Form 10-K. The Company currently has certain unconsolidated subsidiaries in the form of wholly-owned statutory business trusts, which were formed to issue guaranteed capital debentures (“capital securities”). Please see Note 7, “Borrowed Funds,” for additional information regarding these trusts.
Effects of New Accounting Pronouncements	'
	Effects of New Accounting Pronouncements
	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-01, “Investments – Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects.” The amendments in ASU No. 2014-01 provide guidance on accounting for investments by a reporting entity in flow-through limited liability entities that manage or invest in affordable housing projects that qualify for the low-income housing tax credit. The amendments permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. The Company chose to apply this new guidance for the period beginning on January 1, 2014.
	The impact of applying this new guidance included a $1.3 million reduction in the balance of retained earnings as of January 1, 2014. The total amount of affordable housing tax credits and other tax benefits projected to be recognized during calendar year 2014, and the related amount of amortization recognized as a component of income tax expense for calendar year 2014, are $4.0 million and $2.8 million, respectively. The commitment of additional anticipated equity contributions of $8.4 million relating to current investments is reflected in “Other liabilities.” Retrospective application of the new amortization methodology would not result in a material change to prior-period presentations.

Computation_of_Earnings_per_Sh1

Computation of Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Computation of Basic and Diluted Earnings Per Share	'
	The following table presents the Company’s computation of basic and diluted EPS for the periods indicated:
			Three Months Ended				Six Months Ended
			June 30,				June 30,
	(in thousands, except share and per share data)		2014		2013		2014		2013
	Net income			$118,688		$122,517		$233,942		$241,192
	Less: Dividends paid on and earnings allocated to participating securities			(852)		(791)		(1,648)		(1,525)
	Earnings applicable to common stock			$117,836		$121,726		$232,294		$239,667
	Weighted average common shares outstanding			441,155,063		439,452,048		440,864,462		439,079,827
	Basic earnings per common share			$0.27		$0.28		$0.53		$0.55
	Earnings applicable to common stock			$117,836		$121,726		$232,294		$239,667
	Weighted average common shares outstanding			441,155,063		439,452,048		440,864,462		439,079,827
	Potential dilutive common shares (1)			--		3,298		--		3,445
	Total shares for diluted earnings per share computation			441,155,063		439,455,346		440,864,462		439,083,272
	Diluted earnings per common share and common share equivalents			$0.27		$0.28		$0.53		$0.55
	-1	Options to purchase 58,560 shares of the Company’s common stock that were outstanding in the three and six months ended June 30, 2014, at a weighted average exercise price of $18.04, were excluded from the respective computations of diluted EPS because their inclusion would have had an antidilutive effect. Options to purchase 253,500 shares of the Company’s common stock that were outstanding in the three and six months ended June 30, 2013, at a weighted average exercise price of $22.14, were excluded from the respective computations of diluted EPS because their inclusion also would have had an antidilutive effect.

Reclassifications_Out_of_Accum1

Reclassifications Out of Accumulated Other Comprehensive Loss ("AOCL") (Tables)	6 Months Ended
	Jun. 30, 2014
Reclassifications of Accumulated Other Comprehensive Loss	'
	Reclassifications Out of Accumulated Other Comprehensive Loss (“AOCL”)
	(in thousands)		For the Six Months Ended June 30, 2014
	Details about		Amount Reclassified			Affected Line Item in the
	Accumulated Other Comprehensive Loss		from Accumulated Other			Consolidated Statement of Income
			Comprehensive Loss (1)			and Comprehensive Income
	Unrealized gains on available-for-sale securities			$	5,135	Net gain on sales of securities
					(2,073)	Income tax expense
				$	3,062	Net gain on sales of securities, net of tax
	Amortization of defined benefit pension plan items:
	Prior-service costs			$	124	Included in the computation of net periodic (credit) expense (2)
	Actuarial losses				(1,880)	Included in the computation of net periodic (credit) expense (2)
					(1,756)	Total before tax
					709	Income tax benefit
				$	(1,047)	Amortization of defined benefit pension plan items, net of tax
	Total reclassifications for the period			$	2,015
	-1	Amounts in parentheses indicate expense items.
	-2	Please see Note 9, Pension and Other Post-Retirement Benefits, for additional information.

Securities_Tables

Securities (Tables)	6 Months Ended
	Jun. 30, 2014
Summary of Portfolio of Securities Available for Sale	'
	The following table summarizes the Company’s portfolio of securities available for sale at June 30, 2014:
			June 30, 2014
	(in thousands)		Amortized					Gross						Gross					Fair Value
			Cost					Unrealized						Unrealized
								Gain						Loss
	Mortgage-Related Securities:
	GSE (1) certificates			$	20,127				$	1,585					$	--				$	21,712
	GSE CMOs (2)				59,530					904						1,072					59,362
	Private label CMOs				9,531					--						66					9,465
	Total mortgage-related securities			$	89,188				$	2,489					$	1,138				$	90,539
	Other Securities:
	Municipal bonds			$	961				$	114					$	--				$	1,075
	Capital trust notes				13,425					71						1,565					11,931
	Preferred stock				118,205					4,960						381					122,784
	Common stock				18,080					660						22					18,718
	Total other securities			$	150,671				$	5,805					$	1,968				$	154,508
	Total securities available for sale			$	239,859				$	8,294					$	3,106				$	245,047
	-1	Government-sponsored enterprise
	-2	Collateralized mortgage obligations
	The following table summarizes the Company’s portfolio of securities available for sale at December 31, 2013:
			December 31, 2013
	(in thousands)		Amortized					Gross						Gross					Fair Value
			Cost					Unrealized						Unrealized
								Gain						Loss
	Mortgage-Related Securities:
	GSE certificates			$	23,759				$	1,442					$	1				$	25,200
	GSE CMOs				62,082					598						1,861					60,819
	Private label CMOs				10,214					--						12					10,202
	Total mortgage-related securities			$	96,055				$	2,040					$	1,874				$	96,221
	Other Securities:
	Municipal bonds			$	957				$	69					$	--				$	1,026
	Capital trust notes				13,419					60						1,681					11,798
	Preferred stock				118,205					1,936						3,902					116,239
	Common stock				51,654					4,093						293					55,454
	Total other securities			$	184,235				$	6,158					$	5,876				$	184,517
	Total securities available for sale			$	280,290				$	8,198					$	7,750				$	280,738
Summary of Portfolio of Securities Held to Maturity	'
	The following tables summarize the Company’s portfolio of securities held to maturity at June 30, 2014 and December 31, 2013:
			June 30, 2014
	(in thousands)		Amortized			Carrying					Gross				Gross			Fair Value
			Cost			Amount					Unrealized				Unrealized
											Gain				Loss
	Mortgage-Related Securities:
	GSE certificates			$	2,520,996		$	2,520,996				$	81,225			$	13,971		$	2,588,250
	GSE CMOs				1,808,830			1,808,830					66,951				3,087			1,872,694
	Total mortgage-related securities			$	4,329,826		$	4,329,826				$	148,176			$	17,058		$	4,460,944
	Other Securities:
	GSE debentures			$	3,009,861		$	3,009,861				$	18,718			$	82,230		$	2,946,349
	Corporate bonds				73,105			73,105					12,156				--			85,261
	Municipal bonds				59,577			59,577					8				1,842			57,743
	Capital trust notes				84,676			75,542					4,733				7,821			72,454
	Total other securities			$	3,227,219		$	3,218,085				$	35,615			$	91,893		$	3,161,807
	Total securities held to maturity (1)			$	7,557,045		$	7,547,911				$	183,791			$	108,951		$	7,622,751
	-1	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
			December 31, 2013
	(in thousands)		Amortized			Carrying					Gross				Gross			Fair Value
			Cost			Amount					Unrealized				Unrealized
											Gain				Loss
	Mortgage-Related Securities:
	GSE certificates			$	2,529,102		$	2,529,102				$	30,145			$	61,280		$	2,497,967
	GSE CMOs				1,878,885			1,878,885					29,330				22,520			1,885,695
	Total mortgage-related securities			$	4,407,987		$	4,407,987				$	59,475			$	83,800		$	4,383,662
	Other Securities:
	GSE debentures			$	3,053,253		$	3,053,253				$	6,512			$	208,506		$	2,851,259
	Corporate bonds				72,899			72,899					11,063				--			83,962
	Municipal bonds				60,462			60,462					19				3,849			56,632
	Capital trust notes				84,871			75,681					3,134				9,086			69,729
	Total other securities			$	3,271,485		$	3,262,295				$	20,728			$	221,441		$	3,061,582
	Total securities held to maturity (1)			$	7,679,472		$	7,670,282				$	80,203			$	305,241		$	7,445,244
	-1	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).
Summary of Gross Proceeds, Gross Realized Gains, and Gross Realized Losses from Sale of Available-for-Sale Securities	'
	The following table summarizes the gross proceeds, gross realized gains, and gross realized losses from the sale of available-for-sale securities during the six months ended June 30, 2014 and 2013:
			For the Six Months Ended
			June 30,
	(in thousands)		2014			2013
	Gross proceeds				$137,309			$414,186
	Gross realized gains				5,135			5,193
	Gross realized losses				--			--
Credit Loss Component of Other Than Temporary Impairment on Debt Securities	'
	In the following table, the beginning balance represents the credit loss component for debt securities on which OTTI occurred prior to January 1, 2014. For credit-impaired debt securities, OTTI recognized in earnings after that date is presented as an addition in two components, based upon whether the current period is the first time a debt security was credit-impaired (initial credit impairment) or is not the first time a debt security was credit-impaired (subsequent credit impairment).
	(in thousands)		For the Six Months
			Ended June 30, 2014
	Beginning credit loss amount as of December 31, 2013			$216,334
	Add:    Initial other-than-temporary credit losses			--
	Subsequent other-than-temporary credit losses			--
	Amount previously recognized in AOCL			--
	Less:    Realized losses for securities sold			--
	Securities intended or required to be sold			--
	Increases in expected cash flows on debt securities			--
	Ending credit loss amount as of June 30, 2014			$216,334
Summary of Carrying Amount and Estimated Fair Value of Held-to-Maturity Debt Securities and Amortized Cost and Estimated Fair Value of Available-for-Sale Debt Securities by Contractual Maturity	'
	The following table summarizes the carrying amounts and estimated fair values of held-to-maturity debt securities, and the amortized costs and estimated fair values of available-for-sale debt securities, at June 30, 2014, by contractual maturity. Mortgage-related securities held to maturity and available for sale, all of which have prepayment provisions, are distributed to a maturity category based on the ends of the estimated average lives of such securities. Principal and amortization prepayments are not shown in maturity categories as they occur, but are considered in the determination of estimated average life.
			At June 30, 2014
	(dollars in thousands)		Mortgage-			Average					U.S. Treasury				Average			Municipal				Average			Other Debt			Average		Fair Value
			Related			Yield					and GSE				Yield			Bonds				Yield (1)			Securities (2)			Yield
			Securities								Obligations
	Held-to-Maturity Securities:
	Due within one year			$	--			--%				$	--				--%		$	--				--%		$	--		--%		$	--
	Due from one to five years				--			--					60,254				4.17			1,072				2.96			--		--			67,420
	Due from five to ten years				3,237,916			3.23					2,779,002				2.74			--				--			47,165		3.14			6,090,577
	Due after ten years				1,091,910			3.36					170,605				3.58			58,505				2.85			101,482		5.80			1,464,754
	Total debt securities held to maturity			$	4,329,826			3.27%				$	3,009,861				2.82%		$	59,577				2.86%		$	148,647		4.96%		$	7,622,751
	Available-for-Sale Securities: (3)
	Due within one year			$	--			--%				$	--				--%		$	124				6.09%		$	--		--%		$	127
	Due from one to five years				4,449			6.85					--				--			557				6.45			--		--			5,357
	Due from five to ten years				16,255			3.74					--				--			280				6.63			--		--			17,704
	Due after ten years				68,484			3.54					--				--			--				--			13,425		5.67			80,357
	Total debt securities available for sale			$	89,188			3.74%				$	--				--%		$	961				6.46%		$	13,425		5.67%		$	103,545
	-1	Not presented on a tax-equivalent basis.
	-2	Consists of corporate bonds and capital trust notes. Included in capital trust notes are $208,000 of pooled trust preferred securities held to maturity, all of which are due after ten years. The remaining capital trust notes consist of single-issue trust preferred securities.
	-3	As equity securities have no contractual maturity, they have been excluded from this table.
Summary of Held-to-Maturity and Available-for-Sale Securities having Continuous Unrealized Loss Position	'
	The following table presents held-to-maturity and available-for-sale securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of June 30, 2014:
	At June 30, 2014		Less than Twelve Months								Twelve Months or Longer							Total
	(in thousands)		Fair Value			Unrealized Loss					Fair Value				Unrealized Loss			Fair Value				Unrealized Loss
	Temporarily Impaired Held-to-Maturity Debt Securities:
	GSE debentures				$        --			$   --					$2,155,070				$  82,230			$2,155,070				$  82,230
	GSE certificates				--			--					673,205				13,971			673,205				13,971
	GSE CMOs				3,302			10					148,008				3,077			151,310				3,087
	Municipal bonds				--			--					56,663				1,842			56,663				1,842
	Capital trust notes				--			--					38,356				7,821			38,356				7,821
	Total temporarily impaired held-to-maturity debt securities				$  3,302			$  10					$3,071,302				$108,941			$3,074,604				$108,951
	Temporarily Impaired Available-for-Sale Securities:
	Debt Securities:
	Private label CMOs				$  9,464			$  66					$             --				$          --			$       9,464				$         66
	GSE CMOs				--			--					45,539				1,072			45,539				1,072
	Capital trust notes				--			--					5,860				1,565			5,860				1,565
	Total temporarily impaired available-for-sale debt securities				$  9,464			$  66					$     51,399				$    2,637			$     60,863				$    2,703
	Equity securities				43,975			403					--				--			43,975				403
	Total temporarily impaired available-for-sale securities				$53,439			$469					$     51,399				$    2,637			$   104,838				$    3,106
	The following table presents held-to-maturity and available-for-sale securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of December 31, 2013:
	At December 31, 2013		Less than Twelve Months								Twelve Months or Longer							Total
	(in thousands)		Fair Value			Unrealized Loss					Fair Value				Unrealized Loss			Fair Value				Unrealized Loss
	Temporarily Impaired Held-to-Maturity Debt Securities:
	GSE debentures			$	2,777,417		$	208,506				$	--			$	--		$	2,777,417			$	208,506
	GSE certificates				1,684,793			61,280					--				--			1,684,793				61,280
	GSE CMOs				936,691			22,520					--				--			936,691				22,520
	Municipal bonds				55,333			3,849					--				--			55,333				3,849
	Capital trust notes				24,900			100					37,181				8,986			62,081				9,086
	Total temporarily impaired held-to-maturity debt securities			$	5,479,134		$	296,255				$	37,181			$	8,986		$	5,516,315			$	305,241
	Temporarily Impaired Available-for-Sale Securities:
	Debt Securities:
	GSE certificates			$	--		$	--				$	110			$	1		$	110			$	1
	Private label CMOs				10,202			12					--				--			10,202				12
	GSE CMOs				44,725			1,861					--				--			44,725				1,861
	Capital trust notes				1,992			8					5,746				1,673			7,738				1,681
	Total temporarily impaired available-for-sale debt securities			$	56,919		$	1,881				$	5,856			$	1,674		$	62,775			$	3,555
	Equity securities				75,886			4,195					--				--			75,886				4,195
	Total temporarily impaired available-for-sale securities			$	132,805		$	6,076				$	5,856			$	1,674		$	138,661			$	7,750

Loans_Tables

Loans (Tables)	6 Months Ended
	Jun. 30, 2014
Composition of Loan Portfolio	'
	The following table sets forth the composition of the loan portfolio at June 30, 2014 and December 31, 2013:
			June 30, 2014						December 31, 2013
	(dollars in thousands)		Amount			Percent of			Amount			Percent of
						Non-Covered						Non-Covered
						Loans Held for						Loans Held for
						Investment						Investment
	Non-Covered Loans Held for Investment:
	Mortgage Loans:
	Multi-family			$	22,310,512			69.79%		$	20,699,927			69.41%
	Commercial real estate				7,619,751			23.84			7,364,231			24.70
	One-to-four family				689,966			2.16			560,730			1.88
	Acquisition, development, and construction				343,598			1.07			344,100			1.15
	Total mortgage loans held for investment				30,963,827			96.86			28,968,988			97.14
	Other Loans:
	Commercial and industrial				860,911			2.70			712,260			2.39
	Lease financing, net of unearned income of $5,705 and $5,723				105,977			0.33			101,431			0.34
	Total commercial and industrial loans				966,888			3.03			813,691			2.73
	Other				35,696			0.11			39,036			0.13
	Total other loans held for investment				1,002,584			3.14			852,727			2.86
	Total non-covered loans held for investment			$	31,966,411			100.00%		$	29,821,715			100.00%
	Net deferred loan origination costs				19,529						16,274
	Allowance for losses on non-covered loans				(139,473)						(141,946)
	Non-covered loans held for investment, net			$	31,846,467					$	29,696,043
	Covered loans				2,596,659						2,788,618
	Allowance for losses on covered loans				(49,626)						(64,069)
	Total covered loans, net			$	2,547,033					$	2,724,549
	Loans held for sale				308,895						306,915
	Total loans, net			$	34,702,395					$	32,727,507
Quality of Non-Covered Loans	'
	The following table presents information regarding the quality of the Company’s non-covered loans held for investment at June 30, 2014:
	(in thousands)		Loans			Non-			Loans			Total Past			Current			Total Loans
			30-89 Days			Accrual			90 Days or More			Due			Loans			Receivable
			Past Due			Loans			Delinquent and			Loans
									Still Accruing
									Interest
	Multi-family			$	1,082		$	33,668		$	--		$	34,750		$	22,275,762		$	22,310,512
	Commercial real estate				878			27,054			--			27,932			7,591,819			7,619,751
	One-to-four family				1,641			9,189			--			10,830			679,136			689,966
	Acquisition, development, and construction				--			2,328			--			2,328			341,270			343,598
	Commercial and industrial(1)				--			5,132			--			5,132			961,756			966,888
	Other				425			1,243			--			1,668			34,028			35,696
	Total			$	4,026		$	78,614		$	--		$	82,640		$	31,883,771		$	31,966,411
	-1	Includes lease financing receivables, all of which were current at June 30, 2014.
	The following table presents information regarding the quality of the Company’s non-covered loans held for investment at December 31, 2013:
	(in thousands)		Loans			Non-			Loans			Total Past			Current			Total Loans
			30-89 Days			Accrual			90 Days or More			Due			Loans			Receivable
			Past Due			Loans			Delinquent and			Loans
									Still Accruing
									Interest
	Multi-family			$	33,678		$	58,395		$	--		$	92,073		$	20,607,854		$	20,699,927
	Commercial real estate				1,854			24,550			--			26,404			7,337,827			7,364,231
	One-to-four family				1,076			10,937			--			12,013			548,717			560,730
	Acquisition, development, and construction				--			2,571			--			2,571			341,529			344,100
	Commercial and industrial(1)				1			5,735			--			5,736			807,955			813,691
	Other				480			1,349			--			1,829			37,207			39,036
	Total			$	37,089		$	103,537		$	--		$	140,626		$	29,681,089		$	29,821,715
	-1	Includes lease financing receivables, all of which were current at December 31, 2013.
Non-Covered Loan Portfolio by Credit Quality Indicator	'
	The following table summarizes the Company’s portfolio of non-covered loans held for investment by credit quality indicator at June 30, 2014:
	(in thousands)		Multi-Family			Commercial			One-to-Four			Acquisition,			Total			Commercial			Other			Total Other
						Real Estate			Family			Development, and			Mortgage			and						Loan
												Construction			Loans			Industrial(1)						Segment
	Credit Quality Indicator:
	Pass				$22,242,080		$	7,573,442		$	685,627		$	340,937		$	30,842,086		$	924,962		$	34,452		$	959,414
	Special mention				27,211			11,718			--			--			38,929			36,277			--			36,277
	Substandard				41,221			34,591			4,339			2,661			82,812			5,642			1,244			6,886
	Doubtful				--			--			--			--			--			7			--			7
	Total				$22,310,512		$	7,619,751		$	689,966		$	343,598		$	30,963,827		$	966,888		$	35,696		$	1,002,584
	-1	Includes lease financing receivables, all of which were classified as “pass.”
	The following table summarizes the Company’s portfolio of non-covered loans held for investment by credit quality indicator at December 31, 2013:
	(in thousands)		Multi-Family			Commercial			One-to-Four			Acquisition,			Total			Commercial			Other			Total Other
						Real Estate			Family			Development, and			Mortgage			and						Loan
												Construction			Loans			Industrial(1)						Segment
	Credit Quality Indicator:
	Pass				$20,527,460		$	7,304,502		$	554,132		$	333,805		$	28,719,899		$	793,693		$	37,688			$831,381
	Special mention				73,549			25,407			--			7,400			106,356			13,036			--			13,036
	Substandard				98,918			33,822			6,598			2,895			142,233			6,808			1,348			8,156
	Doubtful				--			500			--			--			500			154			--			154
	Total				$20,699,927		$	7,364,231		$	560,730		$	344,100		$	28,968,988		$	813,691		$	39,036			$852,727
	-1	Includes lease financing receivables, all of which were classified as “pass.”
Information Regarding Troubled Debt Restructurings	'
	The following table presents information regarding the Company’s TDRs as of June 30, 2014 and December 31, 2013:
			June 30, 2014									December 31, 2013
	(in thousands)		Accruing			Non-Accrual			Total			Accruing			Non-Accrual			Total
	Loan Category:
	Multi-family				$10,001			$18,093			$28,094			$10,083			$50,548			$60,631
	Commercial real estate				2,156			16,295			18,451			2,198			15,626			17,824
	One-to-four family				--			--			--			--			--			--
	Acquisition, development, and construction				--			935			935			--			--			--
	Commercial and industrial				956			1,210			2,166			1,129			758			1,887
	Total				$13,113			$36,533			$49,646			$13,410			$66,932			$80,342
Covered Loans Acquired in AmTrust and Desert Hills Acquisitions	'
	The following table presents the carrying value of covered loans acquired in the AmTrust and Desert Hills acquisitions as of June 30, 2014:
	(dollars in thousands)		Amount			Percent of
						Covered Loans
	Loan Category:
	One-to-four family			$	2,365,543			91.10%
	All other loans				231,116			8.9
	Total covered loans			$	2,596,659			100.00%
Changes in Accretable Yield for Covered Loans	'
	Changes in the accretable yield for covered loans in the six months ended June 30, 2014 were as follows:
	(in thousands)		Accretable Yield
	Balance at beginning of period				$796,993
	Reclassification from non-accretable difference				159,338
	Accretion				(69,636)
	Balance at end of period				$886,695
Covered Loans Thirty to Eighty Nine Days, Ninety Days or More Past Due	'
	The following table presents information regarding the Company’s covered loans that were 90 days or more past due at June 30, 2014 and December 31, 2013:
	(in thousands)		June 30, 2014			December 31, 2013
	Covered Loans 90 Days or More Past Due:
	One-to-four family				$164,266			$201,425
	Other loans				9,726			10,060
	Total covered loans 90 days or more past due				$173,992			$211,485
	The following table presents information regarding the Company’s covered loans that were 30 to 89 days past due at June 30, 2014 and December 31, 2013:
	(in thousands)		June 30, 2014			December 31, 2013
	Covered Loans 30-89 Days Past Due:
	One-to-four family				$44,834			$52,250
	Other loans				3,999			5,679
	Total covered loans 30-89 days past due				$48,833			$57,929

Allowances_for_Loan_Losses_Tab

Allowances for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2014
Activity in Allowance for Loan Losses	'
	The following tables provide information regarding the Company’s allowances for losses on non-covered and covered loans, based upon the method of evaluating loan impairment, at the dates indicated:
	(in thousands)	Mortgage				Other					Total
	Allowances for Loan Losses at June 30, 2014:
	Loans individually evaluated for impairment		$	--			$	2				$	2
	Loans collectively evaluated for impairment			126,420				13,051					139,471
	Acquired loans with deteriorated credit quality			44,076				5,550					49,626
	Total		$	170,496			$	18,603				$	189,099
	(in thousands)	Mortgage				Other					Total
	Allowances for Loan Losses at December 31, 2013:
	Loans individually evaluated for impairment		$	--			$	--				$	--
	Loans collectively evaluated for impairment			127,840				14,106					141,946
	Acquired loans with deteriorated credit quality			56,705				7,364					64,069
	Total		$	184,545			$	21,470				$	206,015
Additional Information Regarding Methods Used to Evaluate Loan Portfolio for Impairment	'
	The following tables provide additional information regarding the methods used to evaluate the Company’s loan portfolio for impairment:
	(in thousands)	Mortgage				Other					Total
	Loans Receivable at June 30, 2014:
	Loans individually evaluated for impairment		$	70,067			$	6,113				$	76,180
	Loans collectively evaluated for impairment			30,893,760				996,471					31,890,231
	Acquired loans with deteriorated credit quality			2,365,543				231,116					2,596,659
	Total		$	33,329,370			$	1,233,700				$	34,563,070
	(in thousands)	Mortgage				Other					Total
	Loans Receivable at December 31, 2013:
	Loans individually evaluated for impairment		$	109,389			$	6,996				$	116,385
	Loans collectively evaluated for impairment			28,859,599				845,731					29,705,330
	Acquired loans with deteriorated credit quality			2,529,200				259,418					2,788,618
	Total		$	31,498,188			$	1,112,145				$	32,610,333
Additional Information Regarding Impaired Non-Covered Loans	'
	The following table presents additional information about the Company’s impaired non-covered loans at June 30, 2014:
	(in thousands)	Recorded				Unpaid					Related				Average					Interest
		Investment				Principal					Allowance				Recorded					Income
						Balance									Investment					Recognized
	Impaired loans with no related allowance:
	Multi-family		$	38,687			$	46,456				$	--			$	62,907				$	669
	Commercial real estate			28,832				31,100					--				30,250					779
	One-to-four family			1,613				1,648					--				987					--
	Acquisition, development, and construction			935				1,002					--				312					158
	Commercial and industrial			6,111				12,199					--				8,409					189
	Total impaired loans with no related allowance		$	76,178			$	92,405				$	--			$	102,865				$	1,795
	Impaired loans with an allowance recorded:
	Multi-family		$	--			$	--				$	--			$	--				$	--
	Commercial real estate			--				--					--				818					--
	One-to-four family			--				--					--				102					--
	Acquisition, development, and construction			--				--					--				--					--
	Commercial and industrial			2				2					2				--					--
	Total impaired loans with an allowance recorded		$	2			$	2				$	2			$	920				$	--
	Total impaired loans:
	Multi-family		$	38,687			$	46,456				$	--			$	62,907				$	669
	Commercial real estate			28,832				31,100					--				31,068					779
	One-to-four family			1,613				1,648					--				1,089					--
	Acquisition, development, and construction			935				1,002					--				312					158
	Commercial and industrial			6,113				12,201					2				8,409					189
	Total impaired loans		$	76,180			$	92,407				$	2			$	103,785				$	1,795
	The following table presents additional information about the Company’s impaired non-covered loans at December 31, 2013:
	(in thousands)	Recorded				Unpaid					Related				Average					Interest
		Investment				Principal					Allowance				Recorded					Income
						Balance									Investment					Recognized
	Impaired loans with no related allowance:
	Multi-family		$	78,771			$	94,265				$	--			$	117,208				$	1,991
	Commercial real estate			30,619				32,474					--				43,566					1,604
	One-to-four family			--				--					--				3,611					89
	Acquisition, development, and construction			--				--					--				275					--
	Commercial and industrial			6,995				34,199					--				6,890					366
	Total impaired loans with no related allowance		$	116,385			$	160,938				$	--			$	171,550				$	4,050
	Impaired loans with an allowance recorded:
	Multi-family		$	--			$	--				$	--			$	2,442				$	--
	Commercial real estate			--				--					--				900					--
	One-to-four family			--				--					--				--					--
	Acquisition, development, and construction			--				--					--				--					--
	Commercial and industrial			--				--					--				--					--
	Total impaired loans with an allowance recorded		$	--			$	--				$	--			$	3,342				$	--
	Total impaired loans:
	Multi-family		$	78,771			$	94,265				$	--			$	119,650				$	1,991
	Commercial real estate			30,619				32,474					--				44,466					1,604
	One-to-four family			--				--					--				3,611					89
	Acquisition, development, and construction			--				--					--				275					--
	Commercial and industrial			6,995				34,199					--				6,890					366
	Total impaired loans		$	116,385			$	160,938				$	--			$	174,892				$	4,050
Covered Loans	'
Activity in Allowance for Loan Losses	'
	The following table summarizes activity in the allowance for losses on covered loans for the six months ended June 30, 2014 and 2013:
		For the Six Months
		Ended June 30,
	(in thousands)	2014			2013
	Balance, beginning of period	$	64,069		$	51,311
	(Recovery of) provision for losses on covered loans		(14,443	)		9,120
	Balance, end of period	$	49,626		$	60,431
Non-Covered Loans	'
Activity in Allowance for Loan Losses	'
	The following table summarizes activity in the allowance for losses on non-covered loans for the six months ended June 30, 2014 and 2013:
		For the Six Months Ended June 30,
		2014												2013
	(in thousands)	Mortgage			Other				Total					Mortgage				Other				Total
	Balance, beginning of period		$127,840			$14,106				$141,946					$127,934				$13,014				$140,948
	Charge-offs		(2,344)			(5,044)				(7,388)					(6,024)				(7,019)				(13,043)
	Recoveries		924			3,991				4,915					2,306				478				2,784
	(Recovery of) provision for loan losses		--			--				--					(301)				10,301				10,000
	Balance, end of period		$126,420			$13,053				$139,473					$123,915				$16,774				$140,689

Borrowed_Funds_Tables

Borrowed Funds (Tables)	6 Months Ended
	Jun. 30, 2014
Summary of Borrowed Funds	'
	The following table summarizes the Company’s borrowed funds at June 30, 2014 and December 31, 2013:
	(in thousands)		June 30,		December 31,
			2014		2013
	Wholesale borrowings:
	FHLB advances			$11,089,128		$10,872,576
	Repurchase agreements			3,425,000		3,425,000
	Fed funds purchased			425,000		445,000
	Total wholesale borrowings			$14,939,128		$14,742,576
	Other borrowings:
	Junior subordinated debentures			$     358,238		$     358,126
	Preferred stock of subsidiaries			4,300		4,300
	Total other borrowings			$     362,538		$     362,426
	Total borrowed funds			$15,301,666		$15,105,002
Junior Subordinated Debentures Outstanding	'
	The following junior subordinated debentures were outstanding at June 30, 2014:
	Issuer		Interest Rate of		Junior		Capital		Date of	Stated Maturity	First Optional
			Capital Securities		Subordinated		Securities		Original Issue		Redemption Date
			and Debentures		Debenture		Amount
					Carrying		Outstanding
					Amount
					(dollars in thousands)
	New York Community Capital Trust V (BONUSESSM Units)		6.000%			$144,312		$137,961	Nov. 4, 2002	Nov. 1, 2051	Nov. 4, 2007 (1)
	New York Community Capital Trust X		1.831			123,712		120,000	Dec. 14, 2006	Dec. 15, 2036	Dec. 15, 2011 (2)
	PennFed Capital Trust III		3.481			30,928		30,000	2-Jun-03	15-Jun-33	June 15, 2008 (2)
	New York Community Capital Trust XI		1.884			59,286		57,500	April 16, 2007	June 30, 2037	June 30, 2012 (2)
	Total junior subordinated debentures					$358,238		$345,461
	-1	Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002.
	-2	Callable from this date forward.

Mortgage_Servicing_Rights_Tabl

Mortgage Servicing Rights (Tables)	6 Months Ended
	Jun. 30, 2014
Changes in Residential and Securitized Mortgage Servicing Rights	'
	The following tables set forth the changes in the balances of residential and securitized MSRs for the periods indicated:
			For the Three Months Ended						For the Three Months Ended
			June 30, 2014						June 30, 2013
	(in thousands)		Residential			Securitized			Residential		Securitized
	Carrying value, beginning of period			$238,004			$ --			$172,849		$129
	Additions			7,175			--			23,072		--
	Increase (decrease) in fair value:
	Due to changes in valuation assumptions			(535)			--			34,754		--
	Due to other changes (1)			(15,829)			--			-15,716		--
	Amortization			--			--			--		-33
	Carrying value, end of period			$228,815			$ --			$214,959		$  96
	-1	Net servicing cash flows, including loan payoffs, and the passage of time.
			For the Six Months Ended						For the Six Months Ended
			June 30, 2014						June 30, 2013
	(in thousands)		Residential			Securitized			Residential		Securitized
	Carrying value, beginning of year			$241,018			$ --			$144,520		$193
	Additions			13,983			--			54,673		--
	Increase (decrease) in fair value:
	Due to changes in valuation assumptions			(492)			--			47,848		--
	Due to other changes(1)			(25,694)			--			-32,082		--
	Amortization			--			--			--		-97
	Carrying value, end of period			$228,815			$ --			$214,959		$  96
	-1	Net servicing cash flows, including loan payoffs, and the passage of time.
Key Assumptions Used in Calculation of Fair Value of Residential Mortgage Servicing Rights	'
	The following table presents the key assumptions used in calculating the fair value of the Company’s residential MSRs at the dates indicated:
			June 30, 2014			December 31, 2013
	Expected weighted average life			87 months			93 months
	Constant prepayment speed			8.7	%		8.3	%
	Discount rate			10			10.5
	Primary mortgage rate to refinance			4.2			4.5
	Cost to service (per loan per year):
	Current			$  63			$  53
	30-59 days or less delinquent			213			103
	60-89 days delinquent			313			203
	90-119 days delinquent			413			303
	120 days or more delinquent			563			553

Pension_and_Other_PostRetireme1

Pension and Other Post-Retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2014
Pension and Post-Retirement Plans	'
	The following tables set forth certain disclosures regarding the Company’s pension and post-retirement plans for the periods indicated:
		For the Three Months Ended June 30,
		2014								2013
	(in thousands)	Pension				Post-Retirement				Pension				Post-Retirement
		Benefits				Benefits				Benefits				Benefits
	Components of net periodic (credit) expense:
	Interest cost		$	1,474			$	190			$	1,364			$	171
	Service cost			--				1				--				1
	Expected return on plan assets			(4,859	)			--				(4,147	)			--
	Amortization of prior-service loss			--				(62	)			--				(62	)
	Amortization of net actuarial loss			822				118				2,351				164
	Net periodic (credit) expense		$	(2,563	)		$	247			$	(432	)		$	274
		For the Six Months Ended June 30,
		2014								2013
	(in thousands)	Pension				Post-Retirement				Pension				Post-Retirement
		Benefits				Benefits				Benefits				Benefits
	Components of net periodic (credit) expense:
	Interest cost		$	2,948			$	380			$	2,728			$	342
	Service cost			--				2				--				2
	Expected return on plan assets			(9,718	)			--				(8,294	)			--
	Amortization of prior-service loss			--				(124	)			--				(124	)
	Amortization of net actuarial loss			1,644				236				4,702				328
	Net periodic (credit) expense		$	(5,126	)		$	494			$	(864	)		$	548

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2014
Summary of Activity for Restricted Stock Awards	'
	A summary of activity with regard to restricted stock awards in the six months ended June 30, 2014 is presented in the following table:
		For the Six Months Ended
		June 30, 2014
		Number of Shares			Weighted Average
					Grant Date Fair Value
	Unvested at beginning of year		5,043,642			$	14.27
	Granted		2,329,498				16.82
	Vested		(1,295,631	)			14.55
	Cancelled		(57,700	)			15.2
	Unvested at end of period		6,019,809				15.19
Summary of Activity for Stock Option Plans	'
	The status of the Stock Option Plans at June 30, 2014, and changes that occurred during the six months ended at that date, are summarized below:
		For the Six Months Ended
		June 30, 2014
		Number of Stock			Weighted Average
		Options			Exercise Price
	Stock options outstanding, beginning of year		126,821			$	15.21
	Granted		--				--
	Exercised		(21,107)				12.69
	Expired/forfeited		(1,740)				16.38
	Stock options outstanding, end of period		103,974				15.7
	Options exercisable, end of period		103,974				15.7

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2014
Assets and Liabilities Measured at Fair Value on Recurring Basis	'
	The following tables present assets and liabilities that were measured at fair value on a recurring basis as of June 30, 2014 and December 31, 2013, and that were included in the Company’s Consolidated Statements of Condition at those dates:
			Fair Value Measurements at June 30, 2014 Using
	(in thousands)		Quoted Prices in			Significant				Significant				Netting				Total
			Active Markets			Other				Unobservable				Adjustments(1)				Fair Value
			for Identical			Observable				Inputs
			Assets			Inputs				(Level 3)
			(Level 1)			(Level 2)
	Assets:
	Mortgage-Related Securities Available for Sale:
	GSE certificates		$	--		$	21,712			$	--				$      --			$	21,712
	GSE CMOs			--			59,362				--				--				59,362
	Private label CMOs			--			9,465				--				--				9,465
	Total mortgage-related securities		$	--		$	90,539			$	--				$      --			$	90,539
	Other Securities Available for Sale:
	Municipal bonds		$	--		$	1,075			$	--				$      --			$	1,075
	Capital trust notes			--			11,931				--				--				11,931
	Preferred stock			95,105			27,679				--				--				122,784
	Common stock			16,916			1,802				--				--				18,718
	Total other securities		$	112,021		$	42,487			$	--				$      --			$	154,508
	Total securities available for sale		$	112,021		$	133,026			$	--				$      --			$	245,047
	Other Assets:
	Loans held for sale		$	--		$	308,895			$	--				$      --			$	308,895
	Mortgage servicing rights			--			--				228,815				--				228,815
	Interest rate lock commitments			--			--				3,892				--				3,892
	Derivative assets-other (2)			2,699			4,982				--				(4,324	)			3,357
	Liabilities:
	Derivative liabilities		$	-570		$	-5,154			$	--				$4,687			$	-1,037
	-1	Includes cash collateral received from, and paid to, counterparties.
	-2	Includes  $2.6 million to purchase Treasury options.
			Fair Value Measurements at December 31, 2013 Using
	(in thousands)		Quoted Prices in			Significant				Significant				Netting				Total
			Active Markets			Other				Unobservable				Adjustments(1)				Fair Value
			for Identical			Observable				Inputs
			Assets			Inputs				(Level 3)
			(Level 1)			(Level 2)
	Assets:
	Mortgage-Related Securities Available for Sale:
	GSE certificates		$	--		$	25,200			$	--				$        --			$	25,200
	GSE CMOs			--			60,819				--				--				60,819
	Private label CMOs			--			10,202				--				--				10,202
	Total mortgage-related securities		$	--		$	96,221			$	--				$        --			$	96,221
	Other Securities Available for Sale:
	Municipal bonds		$	--		$	1,026			$	--				$        --			$	1,026
	Capital trust notes			--			11,798				--				--				11,798
	Preferred stock			89,942			26,297				--				--				116,239
	Common stock			52,740			2,714				--				--				55,454
	Total other securities		$	142,682		$	41,835			$	--				$        --			$	184,517
	Total securities available for sale		$	142,682		$	138,056			$	--				$        --			$	280,738
	Other Assets:
	Loans held for sale		$	--		$	306,915			$	--				$        --			$	306,915
	Mortgage servicing rights			--			--				241,018				--				241,018
	Interest rate lock commitments			--			--				258				--				258
	Derivative assets-other (1)			1,267			5,155				--				-4,848				1,574
	Liabilities:
	Derivative liabilities		$	-590		$	-7,422			$	--				$  7,624			$	-388
	-1	Includes cash collateral received from, and paid to, counterparties.
	-2	Includes  $1.3 million to purchase Treasury options.
Difference between Fair Value Option and Unpaid Principal Balance	'
	The following table reflects the difference between the fair value carrying amount of loans held for sale for which the Company has elected the fair value option, and the unpaid principal balance:
			June 30, 2014					December 31, 2013
	(in thousands)		Fair Value		Aggregate	Fair Value		Fair Value		Aggregate		Fair Value
			Carrying		Unpaid	Carrying Amount		Carrying		Unpaid		Carrying Amount
			Amount		Principal	Less Aggregate		Amount		Principal		Less Aggregate
						Unpaid Principal						Unpaid Principal
	Loans held for sale		$308,895		$298,154	$10,741		$306,915		$303,805		$3,110
Changes in Fair Value of Loans Held For Sale	'
	The following table presents the changes in fair value related to initial measurement, and the subsequent changes in fair value included in earnings, for loans held for sale and MSRs for the periods indicated:
			Gain (Loss) Included in Mortgage Banking Income
			from Changes in Fair Value (1)
			For the Three Months							For the Six Months Ended
			Ended June 30,							June 30,
	(in thousands)		2014			2013				2014				2013
	Loans held for sale		$	5,267		$	(24,437	)		$	6,934			$	(14,765	)
	Mortgage servicing rights			(16,364	)		19,038				(26,186	)			15,766
	Total (loss) gain		$	(11,097	)	$	(5,399	)		$	(19,252	)		$	1,001
	-1	Does not include the effect of hedging activities.
Rollforward of Financial Instruments Classified in Level Three of Valuation Hierarchy	'
	The following tables present, for the six months ended June 30, 2014 and 2013, a roll-forward of the balance sheet amounts (including changes in fair value) for financial instruments classified in Level 3 of the valuation hierarchy:
	(in thousands)		Fair Value			Total Realized/Unrealized								Issuances				Settlements			Transfers			Fair Value			Change in Unrealized
						Gains/(Losses) Recorded in																					Gains/(Losses) Related to
			January 1,			Income/				Comprehensive											to/(from)			at June 30,			Instruments Held at
			2014			(Loss)				(Loss) Income											Level 3			2014			June 30, 2014
	Mortgage servicing rights			$241,018			$(26,186	)			$      --				$13,983				$  --			$  --			$228,815			$    (492	)
	Interest rate lock commitments			258			3,634				--				--				--			--			3,892			3,892
	(in thousands)		Fair Value			Total Realized/Unrealized								Issuances				Settlements			Transfers			Fair Value			Change in Unrealized
						Gains/(Losses) Recorded in																					Gains/(Losses) Related to
			January 1,			Income/				Comprehensive											to/(from)			at June 30,			Instruments Held at
			2013			(Loss)				(Loss) Income											Level 3			2013			June 30, 2013
	Available-for-sale capital securities			$  18,569			$          --				$1,324				$        --				$  --			$  --			$  19,893			$  1,324
	Mortgage servicing rights			144,520			15,766				--				54,673				--			--			214,959			47,848
	Interest rate lock commitments			21,446			(28,099	)			--				--				--			--			(6,653	)		(6,541	)
Significant Unobservable Inputs used in Fair Value Measurement	'
	For Level 3 assets and liabilities measured at fair value on a recurring basis as of June 30, 2014, the significant unobservable inputs used in the fair value measurements were as follows:
	(dollars in thousands)		Fair Value at			Valuation Technique		Significant Unobservable Inputs		Significant
			June 30, 2014							Unobservable
										Input Value
	Mortgage Servicing Rights			$228,815		Discounted Cash Flow		Weighted Average Constant Prepayment Rate (1)		8.70%
								Weighted Average Discount Rate		10.00
	Interest Rate Lock Commitments			3,892		Pricing Model		Weighted Average Closing Ratio		74.31
	-1	Represents annualized loan repayment rate assumptions.
Assets and Liabilities Measured at Fair Value on Non-Recurring Basis	'
	The following tables present assets and liabilities that were measured at fair value on a non-recurring basis as of June 30, 2014 and December 31, 2013, and that were included in the Company’s Consolidated Statements of Condition at those dates:
			Fair Value Measurements at June 30, 2014 Using
	(in thousands)		Quoted Prices in				Significant Other					Significant					Total Fair
			Active Markets for				Observable Inputs					Unobservable Inputs					Value
			Identical Assets				(Level 2)					(Level 3)
			(Level 1)
	Certain impaired loans				$--				$        --					$19,164					$19,164
	Other assets (1)				--				22,893					--					22,893
	Total				$--				$22,893					$19,164					$42,057
	-1	Represents the fair value of OREO, based on the appraised value of the collateral subsequent to its initial classification as OREO.
			Fair Value Measurements at December 31, 2013 Using
	(in thousands)		Quoted Prices in				Significant Other					Significant					Total Fair
			Active Markets for				Observable Inputs					Unobservable Inputs					Value
			Identical Assets				(Level 2)					(Level 3)
			(Level 1)
	Certain impaired loans				$--				$        --					$47,535					$47,535
	Other assets (1)				--				19,810					--					19,810
	Total				$--				$19,810					$47,535					$67,345
	-1	Represents the fair value of OREO, based on the appraised value of the collateral subsequent to its initial classification as OREO.
Summary of Carrying Values, Estimated Fair Values and Fair Value Measurement Levels of Financial Instruments	'
	The following tables summarize the carrying values, estimated fair values, and fair value measurement levels of financial instruments that were not carried at fair value on the Company’s Consolidated Statements of Condition at June 30, 2014 and December 31, 2013:
			June 30, 2014
												Fair Value Measurement Using
	(in thousands)		Carrying				Estimated					Quoted Prices in					Significant				Significant
			Value				Fair Value					Active Markets					Other				Unobservable
												for Identical					Observable				Inputs
												Assets					Inputs				(Level 3)
												(Level 1)					(Level 2)
	Financial Assets:
	Cash and cash equivalents			$	668,950			$	668,950				$	668,950				$	--			$	--
	Securities held to maturity				7,547,911				7,622,751					--					7,614,289				8,462
	FHLB stock (1)				571,708				571,708					--					571,708				--
	Loans, net				34,702,395				35,256,509					--					--				35,256,509
	Financial Liabilities:
	Deposits			$	27,352,469			$	27,373,609				$	20,633,293	-2			$	6,740,316	-3		$	--
	Borrowed funds				15,301,666				16,300,287					--					16,300,287				--
	-1	Carrying value and estimated fair value are at cost.
	-2	NOW and money market accounts, savings accounts, and non-interest-bearing accounts.
	-3	Certificates of deposit.
			December 31, 2013
												Fair Value Measurement Using
	(in thousands)		Carrying				Estimated					Quoted Prices in					Significant				Significant
			Value				Fair Value					Active Markets					Other				Unobservable
												for Identical					Observable				Inputs
												Assets					Inputs				(Level 3)
												(Level 1)					(Level 2)
	Financial Assets:
	Cash and cash equivalents			$	644,550			$	644,550				$	644,550				$	--			$	--
	Securities held to maturity				7,670,282				7,445,244					--					7,438,091				7,153
	FHLB stock (1)				561,390				561,390					--					561,390				--
	Loans, net				32,727,507				32,628,361					--					--				32,628,361
	Financial Liabilities:
	Deposits			$	25,660,992			$	25,712,388				$	18,728,896	-2			$	6,983,492	-3		$	--
	Borrowed funds				15,105,002				16,058,931					--					16,058,931				--
	-1	Carrying value and estimated fair value are at cost.
	-2	NOW and money market accounts, savings accounts, and non-interest-bearing accounts.
	-3	Certificates of deposit.

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Financial Instruments

'

The following table sets forth information regarding the Company’s derivative financial instruments at June 30, 2014:

June 30, 2014

Notional

Unrealized (1)

(in thousands)

Amount

Gain

Loss

Treasury options

$

505,000

$

141

$

438

Eurodollar futures

145,000

--

132

Forward commitments to sell loans/mortgage-backed securities

610,000

26

5,126

Forward commitments to buy loans/mortgage-backed securities

545,000

4,956

28

Interest rate lock commitments

419,478

3,892

--

Total derivatives

$

2,224,478

$

9,015

$

5,724

-1

Derivatives in a net gain position are recorded as “Other assets” and derivatives in a net loss position are recorded as “Other liabilities” in the Consolidated Statements of Condition.

Effect of Derivative Instruments on Consolidated Statements of Income and Comprehensive Income

'

The following table sets forth the effect of derivative instruments on the Consolidated Statements of Income and Comprehensive Income for the periods indicated:

Gain (Loss) Included in Mortgage Banking Income

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

(in thousands)

2014

2013

2014

2013

Treasury options

$1,454

$(3,368)

$1,055

$(6,956)

Eurodollar futures

161

(11)

106

4

Forward commitments to buy/sell loans/mortgage-backed securities

3,038

21,905

6,533

30,884

Total gain

$4,653

$18,526

$7,694

$23,932

Effect of Master Netting Arrangements on Presentation of Derivative Assets and Liabilities in Consolidated Statements of Financial Condition

'

The following tables present the effect the master netting arrangements had on the presentation of the derivative assets in the Consolidated Statements of Financial Condition as of the dates indicated:

June 30, 2014

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Assets Presented

Instruments

Collateral

Amount

Recognized

Statement of

in the Statement

Received

Assets

Condition

of Condition

Derivatives

$11,573

$4,324

$7,249

$--

$--

$7,249

December 31, 2013

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Assets Presented

Instruments

Collateral

Amount

Recognized

Statement of

in the Statement

Received

Assets

Condition

of Condition

Derivatives

$6,680

$4,848

$1,832

$--

$--

$1,832

The following tables present the effect the master netting arrangements had on the presentation of the derivative liabilities in the Consolidated Statements of Financial Condition as of the dates indicated:

June 30, 2014

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Liabilities

Instruments

Collateral

Amount

Recognized

Statement of

Presented in the

Pledged

Liabilities

Condition

Statement of

Condition

Derivatives

$5,724

$4,687

$1,037

$--

$--

$1,037

December 31, 2013

Gross Amounts Not

Offset in the

Consolidated Statement

of Condition

(in thousands)

Gross

Gross Amounts

Net Amounts of

Financial

Cash

Net

Amounts of

Offset in the

Liabilities

Instruments

Collateral

Amount

Recognized

Statement of

Presented in the

Pledged

Liabilities

Condition

Statement of

Condition

Derivatives

$8,012

$7,624

$388

$--

$--

$388

Segment_Reporting_Tables

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Results	'
	The following table provides a summary of the Company’s segment results for the three months ended June 30, 2014, on an internally managed accounting basis:
			For the Three Months Ended June 30, 2014
	(in thousands)		Banking				Residential					Total
			Operations				Mortgage Banking					Company
	Net interest income			$	280,008			$	3,484				$	283,492
	Provision for loan losses				188				--					188
	Non-interest income:
	Third party(1)				36,578				16,015					52,593
	Inter-segment				(3,771)				3,771					--
	Total non-interest income				32,807				19,786					52,593
	Non-interest expense(2)				133,929				13,907					147,836
	Income before income tax expense				178,698				9,363					188,061
	Income tax expense				65,879				3,494					69,373
	Net income			$	112,819			$	5,869				$	118,688
	Identifiable segment assets (period-end)			$	47,931,214			$	673,558				$	48,604,772
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the six months ended June 30, 2014, on an internally managed accounting basis:
			For the Six Months Ended June 30, 2014
	(in thousands)		Banking				Residential					Total
			Operations				Mortgage Banking					Company
	Net interest income				$561,255				$6,387					$567,642
	Recovery of loan losses				(14,442)				--					-14,442
	Non-interest income:
	Third party(1)				58,462				31,366					89,828
	Inter-segment				(7,550)				7,550					--
	Total non-interest income				50,912				38,916					89,828
	Non-interest expense(2)				264,754				29,407					294,161
	Income before income tax expense				361,855				15,896					377,751
	Income tax expense				137,888				5,921					143,809
	Net income				$223,967				$9,975					$233,942
	Identifiable segment assets (period-end)				$47,931,214				$673,558					$48,604,772
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the three months ended June 30, 2013, on an internally managed accounting basis:
			For the Three Months Ended June 30, 2013
	(in thousands)		Banking			Residential				Total
			Operations			Mortgage Banking				Company
	Net interest income			$293,678			$6,206				$299,884
	Provision for loan losses			9,618			--				9,618
	Non-interest income:
	Third party(1)			29,835			23,910				53,745
	Inter-segment			-4,058			4,058				--
	Total non-interest income			25,777			27,968				53,745
	Non-interest expense(2)			131,201			20,464				151,665
	Income before income tax expense			178,636			13,710				192,346
	Income tax expense			64,633			5,196				69,829
	Net income			$114,003			$8,514				$122,517
	Identifiable segment assets (period-end)			$43,127,156			$1,058,682				$44,185,838
	-1	Includes ancillary fee income.
	-2	Includes both direct and indirect expenses.
	The following table provides a summary of the Company’s segment results for the six months ended June 30, 2013, on an internally managed accounting basis:
			For the Six Months Ended June 30, 2013
	(in thousands)		Banking			Residential				Total
			Operations			Mortgage Banking				Company
	Net interest income			$561,741			$13,319				$575,060
	Provision for loan losses			19,120			--				19,120
	Non-interest income:
	Third party(1)			78,557			50,739				129,296
	Inter-segment			(8,217)			8,217				--
	Total non-interest income			70,340			58,956				129,296
	Non-interest expense(2)			266,127			41,634				307,761
	Income before income tax expense			346,834			30,641				377,475
Income tax expense			124,667			11,616				136,283
Net income			$222,167			$19,025				$241,192
Identifiable segment assets (period-end)			$43,127,156			$1,058,682				$44,185,838
-1	Includes ancillary fee income.
-2	Includes both direct and indirect expenses.

Organization_and_Basis_of_Pres2

Organization and Basis of Presentation - Additional Information (Detail) (USD $)	0 Months Ended	6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 23, 1993	Jun. 30, 2014	Dec. 31, 2013	Nov. 23, 1993
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Initial public offering of common stock, par value per share	'	$0.01	$0.01	$0.01
Initial public offering of common stock, price per share	$25	'	'	'
Description of nine stock splits	'	'Reflecting nine stock splits between September 30, 1994 and February 17, 2004, the Company's initial offering price adjusts to $0.93 per share.	'	'
Impact of applying new guidance, reduction in the balance of retained earnings	'	$1.30	'	'
Impact of applying new guidance, affordable housing tax credits and other tax benefits projected to be recognized	'	4	'	'
Impact of applying new guidance, amortization recognized as a component of income tax expense	'	2.8	'	'
Other Liability	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Commitment of additional anticipated equity contributions relating to current investments	'	$8.40	'	'
New York Commercial Bank	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Number of branches	'	30	'	'
New York Commercial Bank | Atlantic Bank	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Number of branches	'	18	'	'
New York Community Bank	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Number of branches	'	243	'	'
New York Community Bank | Directly Operated Banks	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Number of branches	'	5	'	'
New York Community Bank | Seven Divisional Banks	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Number of branches	'	238	'	'
Adjusted for Nine Stock Split	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'
Initial public offering of common stock, price per share	'	$0.93	'	'

Computation_of_Basic_and_Dilut

Computation of Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended			6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013		Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]	'	'		'	'
Net income	$118,688	$122,517		$233,942	$241,192
Less: Dividends paid on and earnings allocated to participating securities	-852	-791		-1,648	-1,525
Earnings applicable to common stock	$117,836	$121,726		$232,294	$239,667
Weighted average common shares outstanding	441,155,063	439,452,048		440,864,462	439,079,827
Basic earnings per common share	$0.27	$0.28		$0.53	$0.55
Potential dilutive common shares	'	3,298	[1]	'	3,445	[1]
Total shares for diluted earnings per share computation	441,155,063	439,455,346		440,864,462	439,083,272
Diluted earnings per common share and common share equivalents	$0.27	$0.28		$0.53	$0.55
[1]	Options to purchase 58,560 shares of the Company's common stock that were outstanding in the three and six months ended June 30, 2014, at a weighted average exercise price of $18.04, were excluded from the respective computations of diluted EPS because their inclusion would have had an antidilutive effect. Options to purchase 253,500 shares of the Company's common stock that were outstanding in the three and six months ended June 30, 2013, at a weighted average exercise price of $22.14, were excluded from the respective computations of diluted EPS because their inclusion also would have had an antidilutive effect.

Computation_of_Basic_and_Dilut1

Computation of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Options to purchase shares that were not included in the respective computation of diluted EPS because their inclusion would have had an antidilutive effect	58,560	253,500	58,560	253,500
Options to purchase shares that were not included in the respective computation of diluted EPS because their inclusion would have had an antidilutive effect, weighted average exercise prices	$18.04	$22.14	$18.04	$22.14

Reclassifications_of_Accumulat

Reclassifications of Accumulated Other Comprehensive Loss (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'	'		'
Net gain on sales of securities	$262	$123	$5,135		$16,745
Income before income taxes	188,061	192,346	377,751		377,475
Income tax expense (Benefit)	-69,373	-69,829	-143,809		-136,283
Net gain on sales of securities, net of tax	-158	-73	-3,062		-3,095
Total reclassifications for the period	'	'	2,015	[1]	'
Reclassification out of Accumulated Other Comprehensive Income (loss) | Unrealized gains on available for sale securities	'	'	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'	'		'
Net gain on sales of securities	'	'	5,135	[1]	'
Income tax expense (Benefit)	'	'	-2,073	[1]	'
Net gain on sales of securities, net of tax	'	'	3,062	[1]	'
Reclassification out of Accumulated Other Comprehensive Income (loss) | Amortization of defined benefit pension	'	'	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'	'		'
Prior-service costs	'	'	124	[1],[2]	'
Actuarial losses	'	'	-1,880	[1],[2]	'
Income before income taxes	'	'	-1,756	[1]	'
Income tax expense (Benefit)	'	'	709	[1]	'
Amortization of defined benefit pension plan items, net of tax	'	'	($1,047)	[1]	'
[1]	Amounts in parentheses indicate expense items.
[2]	Please see Note 9, Pension and Other Post-Retirement Benefits, for additional information.

Summary_of_Portfolio_of_Securi

Summary of Portfolio of Securities Available for Sale (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	$239,859		$280,290
Gross Unrealized Gain	8,294		8,198
Gross Unrealized Loss	3,106		7,750
Fair Value	245,047		280,738
Mortgage-Related Securities	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	89,188		96,055
Gross Unrealized Gain	2,489		2,040
Gross Unrealized Loss	1,138		1,874
Fair Value	90,539		96,221
Mortgage-Related Securities | GSE certificates	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	20,127	[1]	23,759
Gross Unrealized Gain	1,585	[1]	1,442
Gross Unrealized Loss	0	[1]	1
Fair Value	21,712	[1]	25,200
Mortgage-Related Securities | GSE CMOs	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	59,530	[2]	62,082
Gross Unrealized Gain	904	[2]	598
Gross Unrealized Loss	1,072	[2]	1,861
Fair Value	59,362	[2]	60,819
Mortgage-Related Securities | Private label CMOs	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	9,531		10,214
Gross Unrealized Gain	0		0
Gross Unrealized Loss	66		12
Fair Value	9,465		10,202
Other Securities	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	150,671		184,235
Gross Unrealized Gain	5,805		6,158
Gross Unrealized Loss	1,968		5,876
Fair Value	154,508		184,517
Other Securities | Municipal bonds	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	961		957
Gross Unrealized Gain	114		69
Gross Unrealized Loss	0		0
Fair Value	1,075		1,026
Other Securities | Capital trust notes	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	13,425		13,419
Gross Unrealized Gain	71		60
Gross Unrealized Loss	1,565		1,681
Fair Value	11,931		11,798
Other Securities | Preferred stock	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	118,205		118,205
Gross Unrealized Gain	4,960		1,936
Gross Unrealized Loss	381		3,902
Fair Value	122,784		116,239
Other Securities | Common stock	'		'
Schedule of Available-for-sale Securities [Line Items]	'		'
Amortized Cost	18,080		51,654
Gross Unrealized Gain	660		4,093
Gross Unrealized Loss	22		293
Fair Value	$18,718		$55,454
[1]	Government-sponsored enterprise
[2]	Collateralized mortgage obligations

Securities_Additional_Informat

Securities - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013	Dec. 31, 2013
Schedule of Investments [Line Items]	'		'	'
Available for Sale, fair value	$245,047,000		'	$280,738,000
Federal Home Loan Bank stock, at cost	571,708,000	[1]	'	561,390,000	[1]
Proceeds from sales of held to maturity securities	0		191,142,000	'
Gain realized gains from sales of held to maturity securities	'		11,600,000	'
Investment securities designated as having a continuous loss position for twelve months or more, unrealized losses	111,600,000		'	10,700,000
Investment securities designated as having a continuous loss position for twelve months or more, percentage below collective amortized cost	3.40%		'	19.90%
Investment securities designated as having a continuous loss position for twelve months or more, amortized cost	3,200,000,000		'	53,700,000
Minimum	'		'	'
Schedule of Investments [Line Items]	'		'	'
Percentage of amount collected to recognize sale of securities	'		85.00%	'
Mortgage-Related Securities	'		'	'
Schedule of Investments [Line Items]	'		'	'
Number of investment securities designated as having a continuous loss position for twelve months or more	40		'	1
Agency Debt Securities	'		'	'
Schedule of Investments [Line Items]	'		'	'
Number of investment securities designated as having a continuous loss position for twelve months or more	17		'	'
GSE CMOs	'		'	'
Schedule of Investments [Line Items]	'		'	'
Number of investment securities designated as having a continuous loss position for twelve months or more	6		'	'
Capital trust notes	'		'	'
Schedule of Investments [Line Items]	'		'	'
Number of investment securities designated as having a continuous loss position for twelve months or more	6		'	6
Municipal bonds	'		'	'
Schedule of Investments [Line Items]	'		'	'
Number of investment securities designated as having a continuous loss position for twelve months or more	3		'	'
Other Securities	'		'	'
Schedule of Investments [Line Items]	'		'	'
Available for Sale, fair value	154,508,000		'	184,517,000
Other Securities | Common stock	'		'	'
Schedule of Investments [Line Items]	'		'	'
Available for Sale, fair value	18,718,000		'	55,454,000
Other Securities | Preferred stock	'		'	'
Schedule of Investments [Line Items]	'		'	'
Available for Sale, fair value	$122,784,000		'	$116,239,000
[1]	Carrying value and estimated fair value are at cost.

Summary_of_Portfolio_of_Securi1

Summary of Portfolio of Securities Held to Maturity (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	$7,557,045	[1]	$7,679,472	[2]
Carrying Amount	7,547,911	[1]	7,670,282	[2]
Gross Unrealized Gain	183,791	[1]	80,203	[2]
Gross Unrealized Loss	108,951	[1]	305,241	[2]
Fair Value	7,622,751	[1]	7,445,244	[2]
Mortgage-Related Securities	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	4,329,826		4,407,987
Carrying Amount	4,329,826		4,407,987
Gross Unrealized Gain	148,176		59,475
Gross Unrealized Loss	17,058		83,800
Fair Value	4,460,944		4,383,662
Mortgage-Related Securities | GSE certificates	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	2,520,996		2,529,102
Carrying Amount	2,520,996		2,529,102
Gross Unrealized Gain	81,225		30,145
Gross Unrealized Loss	13,971		61,280
Fair Value	2,588,250		2,497,967
Mortgage-Related Securities | GSE CMOs	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	1,808,830		1,878,885
Carrying Amount	1,808,830		1,878,885
Gross Unrealized Gain	66,951		29,330
Gross Unrealized Loss	3,087		22,520
Fair Value	1,872,694		1,885,695
Other Securities	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	3,227,219		3,271,485
Carrying Amount	3,218,085		3,262,295
Gross Unrealized Gain	35,615		20,728
Gross Unrealized Loss	91,893		221,441
Fair Value	3,161,807		3,061,582
Other Securities | GSE debentures	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	3,009,861		3,053,253
Carrying Amount	3,009,861		3,053,253
Gross Unrealized Gain	18,718		6,512
Gross Unrealized Loss	82,230		208,506
Fair Value	2,946,349		2,851,259
Other Securities | Corporate bonds	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	73,105		72,899
Carrying Amount	73,105		72,899
Gross Unrealized Gain	12,156		11,063
Gross Unrealized Loss	0		0
Fair Value	85,261		83,962
Other Securities | Municipal bonds	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	59,577		60,462
Carrying Amount	59,577		60,462
Gross Unrealized Gain	8		19
Gross Unrealized Loss	1,842		3,849
Fair Value	57,743		56,632
Other Securities | Capital trust notes	'		'
Schedule of Held-to-maturity Securities [Line Items]	'		'
Amortized Cost	84,676		84,871
Carrying Amount	75,542		75,681
Gross Unrealized Gain	4,733		3,134
Gross Unrealized Loss	7,821		9,086
Fair Value	$72,454		$69,729
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).

Summary_of_Portfolio_of_Securi2

Summary of Portfolio of Securities Held to Maturity (Parenthetical) (Detail) (Held-to-maturity Securities, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Held-to-maturity Securities	'	'
Schedule of Held-to-maturity Securities [Line Items]	'	'
Non-credit portion of OTTI recorded in AOCL, before taxes	$9.10	$9.20

Summary_of_Gross_Proceeds_Gros

Summary of Gross Proceeds, Gross Realized Gains, and Gross Realized Losses from Sale of Available-for-Sale Securities (Detail) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Gain (Loss) on Investments [Line Items]	'	'
Gross proceeds	$137,309	$414,186
Gross realized gains	$5,135	$5,193

Credit_Loss_Component_of_Other

Credit Loss Component of Other Than Temporary Impairment on Debt Securities (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]	'	'
Beginning OTTI credit loss amount	$216,334	$216,334
Ending OTTI credit loss amount	$216,334	$216,334

Summary_of_Carrying_Amount_and

Summary of Carrying Amount and Estimated Fair Value of Held-to-Maturity Debt Securities and Amortized Cost and Estimated Fair Value of Available-for-Sale Debt Securities by Contractual Maturity (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Held-to-Maturity Securities:	'		'
Carrying Amount	$7,547,911	[1]	$7,670,282	[2]
Held-to-Maturity Securities:	'		'
Due from one to five years	67,420		'
Due from five to ten years	6,090,577		'
Due after ten years	1,464,754		'
Total debt securities held to maturity	7,622,751	[1]	7,445,244	[2]
Available-for-Sale Securities:	'		'
Due within one year	127	[3]	'
Due from one to five years	5,357	[3]	'
Due from five to ten years	17,704	[3]	'
Due after ten years	80,357	[3]	'
Total debt securities available for sale	103,545	[3]	'
Mortgage-Related Securities	'		'
Held-to-Maturity Securities:	'		'
Due from one to five years	0		'
Due from five to ten years	3,237,916		'
Due after ten years	1,091,910		'
Carrying Amount	4,329,826		4,407,987
Available-for-Sale Securities:	'		'
Due within one year	0	[3]	'
Due from one to five years	4,449	[3]	'
Due from five to ten years	16,255	[3]	'
Due after ten years	68,484	[3]	'
Total debt securities available for sale	89,188	[3]	'
Held-to-Maturity Securities, Average Yield	'		'
Due from five to ten years, Average Yield	3.23%		'
Due after ten years, Average Yield	3.36%		'
Total debt securities held to maturity, Average Yield	3.27%		'
Available-for-Sale Securities, Average Yield	'		'
Due from one to five years, Average Yield	6.85%	[3]	'
Due from five to ten years, Average Yield	3.74%	[3]	'
Due after ten years, Average Yield	3.54%	[3]	'
Total debt securities available for sale, Average Yield	3.74%	[3]	'
Held-to-Maturity Securities:	'		'
Total debt securities held to maturity	4,460,944		4,383,662
U.S. Treasury and GSE Obligations	'		'
Held-to-Maturity Securities:	'		'
Due from one to five years	60,254		'
Due from five to ten years	2,779,002		'
Due after ten years	170,605		'
Carrying Amount	3,009,861		'
Held-to-Maturity Securities, Average Yield	'		'
Due from one to five years, Average Yield	4.17%		'
Due from five to ten years, Average Yield	2.74%		'
Due after ten years, Average Yield	3.58%		'
Total debt securities held to maturity, Average Yield	2.82%		'
State, county, and municipal	'		'
Held-to-Maturity Securities:	'		'
Due from one to five years	1,072		'
Due from five to ten years	0		'
Due after ten years	58,505		'
Carrying Amount	59,577		'
Available-for-Sale Securities:	'		'
Due within one year	124	[3]	'
Due from one to five years	557	[3]	'
Due from five to ten years	280	[3]	'
Due after ten years	0	[3]	'
Total debt securities available for sale	961	[3]	'
Held-to-Maturity Securities, Average Yield	'		'
Due from one to five years, Average Yield	2.96%	[4]	'
Due after ten years, Average Yield	2.85%	[4]	'
Total debt securities held to maturity, Average Yield	2.86%	[4]	'
Available-for-Sale Securities, Average Yield	'		'
Due within one year, Average Yield	6.09%	[3],[4]	'
Due from one to five years, Average Yield	6.45%	[3],[4]	'
Due from five to ten years, Average Yield	6.63%	[3],[4]	'
Total debt securities available for sale, Average Yield	6.46%	[3],[4]	'
Other Debt Securities	'		'
Held-to-Maturity Securities:	'		'
Due from one to five years	0	[5]	'
Due from five to ten years	47,165	[5]	'
Due after ten years	101,482	[5]	'
Carrying Amount	148,647	[5]	'
Available-for-Sale Securities:	'		'
Due within one year	0	[3],[5]	'
Due from one to five years	0	[3],[5]	'
Due from five to ten years	0	[3],[5]	'
Due after ten years	13,425	[3],[5]	'
Total debt securities available for sale	$13,425	[3],[5]	'
Held-to-Maturity Securities, Average Yield	'		'
Due from five to ten years, Average Yield	3.14%		'
Due after ten years, Average Yield	5.80%		'
Total debt securities held to maturity, Average Yield	4.96%		'
Available-for-Sale Securities, Average Yield	'		'
Due after ten years, Average Yield	5.67%	[3]	'
Total debt securities available for sale, Average Yield	5.67%	[3]	'
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).
[3]	As equity securities have no contractual maturity, they have been excluded from this table.
[4]	Not presented on a tax-equivalent basis.
[5]	Consists of corporate bonds and capital trust notes. Included in capital trust notes are $208,000 of pooled trust preferred securities held to maturity, all of which are due after ten years. The remaining capital trust notes consist of single-issue trust preferred securities.

Summary_of_Carrying_Amount_and1

Summary of Carrying Amount and Estimated Fair Value of Held-to-Maturity Debt Securities and Amortized Cost and Estimated Fair Value of Available-for-Sale Debt Securities by Contractual Maturity (Parenthetical) (Detail) (Other Debt Securities, USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Investments Classified by Contractual Maturity Date [Line Items]	'
Due after ten years	$101,482	[1]
Pooled trust preferred securities	'
Investments Classified by Contractual Maturity Date [Line Items]	'
Due after ten years	$208,000
[1]	Consists of corporate bonds and capital trust notes. Included in capital trust notes are $208,000 of pooled trust preferred securities held to maturity, all of which are due after ten years. The remaining capital trust notes consist of single-issue trust preferred securities.

Summary_of_HeldtoMaturity_and_

Summary of Held-to-Maturity and Available-for-Sale Securities Having Continuous Unrealized Loss Position (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	$108,951	[1]	$305,241	[2]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	53,439		132,805
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	469		6,076
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	51,399		5,856
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	2,637		1,674
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	104,838		138,661
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	3,106		7,750
Debt Securities	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	3,302		5,479,134
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	10		296,255
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	3,071,302		37,181
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	108,941		8,986
Temporarily Impaired Held-to-Maturity, Total Fair Value	3,074,604		5,516,315
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	108,951		305,241
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	9,464		56,919
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	66		1,881
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	51,399		5,856
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	2,637		1,674
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	60,863		62,775
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	2,703		3,555
Debt Securities | GSE debentures	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	0		2,777,417
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	0		208,506
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	2,155,070		0
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	82,230		0
Temporarily Impaired Held-to-Maturity, Total Fair Value	2,155,070		2,777,417
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	82,230		208,506
Debt Securities | GSE certificates	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	0		1,684,793
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	0		61,280
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	673,205		0
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	13,971		0
Temporarily Impaired Held-to-Maturity, Total Fair Value	673,205		1,684,793
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	13,971		61,280
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	'		0
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	'		0
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	'		110
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	'		1
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	'		110
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	'		1
Debt Securities | GSE CMOs	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	3,302		936,691
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	10		22,520
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	148,008		0
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	3,077		0
Temporarily Impaired Held-to-Maturity, Total Fair Value	151,310		936,691
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	3,087		22,520
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	0		44,725
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	0		1,861
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	45,539		0
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	1,072		0
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	45,539		44,725
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	1,072		1,861
Debt Securities | Municipal bonds	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	0		55,333
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	0		3,849
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	56,663		0
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	1,842		0
Temporarily Impaired Held-to-Maturity, Total Fair Value	56,663		55,333
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	1,842		3,849
Debt Securities | Capital trust notes	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Fair Value	0		24,900
Temporarily Impaired Held-to-Maturity, Less than Twelve Months Unrealized Loss	0		100
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Fair Value	38,356		37,181
Temporarily Impaired Held-to-Maturity, Twelve Months or Longer Unrealized Loss	7,821		8,986
Temporarily Impaired Held-to-Maturity, Total Fair Value	38,356		62,081
Temporarily Impaired Held-to-Maturity, Total Unrealized Loss	7,821		9,086
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	0		1,992
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	0		8
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	5,860		5,746
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	1,565		1,673
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	5,860		7,738
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	1,565		1,681
Debt Securities | Private label CMOs	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	9,464		10,202
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	66		12
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	0		0
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	0		0
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	9,464		10,202
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	66		12
Equity securities	'		'
Schedule of Investments [Line Items]	'		'
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	43,975		75,886
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	403		4,195
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	0		0
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	0		0
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	43,975		75,886
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	$403		$4,195
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).

Composition_of_Loan_Portfolio_

Composition of Loan Portfolio (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013		Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	$31,966,411		$29,821,715		'	'
Net deferred loan origination costs	19,529		16,274		'	'
Non-Covered Loans, Percentage	100.00%		100.00%		'	'
Allowance for losses on non-covered loans	-139,473		-141,946		-140,689	-140,948
Non-covered loans held for investment, net	31,846,467		29,696,043		'	'
Covered loans	2,596,659		2,788,618		'	'
Allowance for losses on covered loans	-49,626		-64,069		-60,431	-51,311
Total covered loans, net	2,547,033		2,724,549		'	'
Loans held for sale	308,895		306,915		'	'
Total loans, net	34,702,395		32,727,507		'	'
Multi-Family	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	22,310,512		20,699,927		'	'
Non-Covered Loans, Percentage	69.79%		69.41%		'	'
Commercial Real Estate	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	7,619,751		7,364,231		'	'
Non-Covered Loans, Percentage	23.84%		24.70%		'	'
One-to-four family	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	689,966		560,730		'	'
Non-Covered Loans, Percentage	2.16%		1.88%		'	'
Covered loans	2,365,543		'		'	'
Acquisition, Development and Construction	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	343,598		344,100		'	'
Non-Covered Loans, Percentage	1.07%		1.15%		'	'
Mortgage Receivable	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	30,963,827		28,968,988		'	'
Non-Covered Loans, Percentage	96.86%		97.14%		'	'
Allowance for losses on non-covered loans	-126,420		-127,840		-123,915	-127,934
Commercial and Industrial	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	966,888	[1],[2]	813,691	[1],[3]	'	'
Commercial and Industrial | Other loan	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	860,911		712,260		'	'
Non-Covered Loans, Percentage	2.70%		2.39%		'	'
Lease financing, unearned income	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	105,977		101,431		'	'
Non-Covered Loans, Percentage	0.33%		0.34%		'	'
Total Commercial and Industrial Loans	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	966,888		813,691		'	'
Non-Covered Loans, Percentage	3.03%		2.73%		'	'
Other	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	35,696		39,036		'	'
Non-Covered Loans, Percentage	0.11%		0.13%		'	'
Total Other Loan Segment	'		'		'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'	'
Non-Covered Loans	$1,002,584		$852,727		'	'
Non-Covered Loans, Percentage	3.14%		2.86%		'	'
[1]	Includes lease financing receivables, all of which were classified as "pass."
[2]	Includes lease financing receivables, all of which were current at June 30, 2014.
[3]	Includes lease financing receivables, all of which were current at December 31, 2013.

Composition_of_Loan_Portfolio_1

Composition of Loan Portfolio (Parenthetical) (Detail) (Lease financing, unearned income, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Lease financing, unearned income	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Unearned income	$5,705	$5,723

Loans_Additional_Information_D

Loans - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Covered loans	$2,596,659,000	$2,596,659,000	$2,788,618,000
FDIC indemnification expense	150,000	11,600,000	'
Non-officer directors	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Outstanding loans to non-officer directors	148,000,000	148,000,000	149,400,000
Covered Loans	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Total loans 30-89 days past due	48,833,000	48,833,000	57,929,000
Total covered loans 90 days or more past due	173,992,000	173,992,000	211,485,000
Covered loan portfolio, current	2,400,000,000	2,400,000,000	'
Provision for losses on loans	188,000	'	'
Recovery from allowance on losses	'	14,400,000	'
Financing Receivable Troubled Debt Restructurings Rate Reductions	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates	'	43,600,000	'
Financing Receivable Troubled Debt Restructurings Forbearance Of Arrears	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates	'	6,000,000	'
Mortgage Receivable	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Unpaid principal balance of serviced loans	21,700,000,000	21,700,000,000	21,500,000,000
Commercial and Industrial	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Number of loans classified as a non-accrual TDRs	'	1	'
Loan classified as non accrual TDRs	499,000	499,000	'
Acquisition, Development and Construction	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Number of loans classified as a non-accrual TDRs	'	1	'
Loan classified as non accrual TDRs	935,000	935,000	'
Multi Family Loans	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Number of loans classified as a non-accrual TDRs	'	1	'
Loan classified as non accrual TDRs	316,000	316,000	'
Commercial Real Estate	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Number of loans classified as a non-accrual TDRs	'	1	'
Loan classified as non accrual TDRs	2,100,000	2,100,000	'
Am Trust Bank and Desert Hills Bank	'	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'	'
Total loans, net	$3,100,000,000	$3,100,000,000	$3,300,000,000

Quality_of_NonCovered_Loans_De

Quality of Non-Covered Loans (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non-Covered Loans	$31,966,411,000		$29,821,715,000
Multi-Family	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non-Covered Loans	22,310,512,000		20,699,927,000
Commercial Real Estate	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non- Accrual	2,100,000		'
Non-Covered Loans	7,619,751,000		7,364,231,000
One-to-four family	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non-Covered Loans	689,966,000		560,730,000
Acquisition, Development and Construction	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non- Accrual	935,000		'
Non-Covered Loans	343,598,000		344,100,000
Commercial and Industrial	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non- Accrual	499,000		'
Non-Covered Loans	966,888,000	[1],[2]	813,691,000	[2],[3]
Other	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
Non-Covered Loans	35,696,000		39,036,000
Non-Covered Loans	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	4,026,000		37,089,000
Non- Accrual	78,614,000		103,537,000
Total Past Due	82,640,000		140,626,000
Current	31,883,771,000		29,681,089,000
Non-Covered Loans | Multi-Family	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	1,082,000		33,678,000
Non- Accrual	33,668,000		58,395,000
Total Past Due	34,750,000		92,073,000
Current	22,275,762,000		20,607,854,000
Non-Covered Loans | Commercial Real Estate	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	878,000		1,854,000
Non- Accrual	27,054,000		24,550,000
Total Past Due	27,932,000		26,404,000
Current	7,591,819,000		7,337,827,000
Non-Covered Loans | One-to-four family	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	1,641,000		1,076,000
Non- Accrual	9,189,000		10,937,000
Total Past Due	10,830,000		12,013,000
Current	679,136,000		548,717,000
Non-Covered Loans | Acquisition, Development and Construction	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	0		'
Non- Accrual	2,328,000		2,571,000
Total Past Due	2,328,000		2,571,000
Current	341,270,000		341,529,000
Non-Covered Loans | Commercial and Industrial	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	0	[1]	1,000	[3]
Non- Accrual	5,132,000	[1]	5,735,000	[3]
Total Past Due	5,132,000	[1]	5,736,000	[3]
Current	961,756,000	[1]	807,955,000	[3]
Non-Covered Loans | Other	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'		'
30-89 Days Past Due	425,000		480,000
Non- Accrual	1,243,000		1,349,000
Total Past Due	1,668,000		1,829,000
Current	$34,028,000		$37,207,000
[1]	Includes lease financing receivables, all of which were current at June 30, 2014.
[2]	Includes lease financing receivables, all of which were classified as "pass."
[3]	Includes lease financing receivables, all of which were current at December 31, 2013.

NonCovered_Loan_Portfolio_by_C

Non-Covered Loan Portfolio by Credit Quality Indicator (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	$31,966,411		$29,821,715
Multi-Family	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	22,310,512		20,699,927
Multi-Family | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	22,242,080		20,527,460
Multi-Family | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	27,211		73,549
Multi-Family | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	41,221		98,918
Commercial Real Estate	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	7,619,751		7,364,231
Commercial Real Estate | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	7,573,442		7,304,502
Commercial Real Estate | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	11,718		25,407
Commercial Real Estate | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	34,591		33,822
Commercial Real Estate | Doubtful	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	'		500
One-to-four family	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	689,966		560,730
One-to-four family | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	685,627		554,132
One-to-four family | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	4,339		6,598
Acquisition, Development and Construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	343,598		344,100
Acquisition, Development and Construction | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	340,937		333,805
Acquisition, Development and Construction | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	'		7,400
Acquisition, Development and Construction | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	2,661		2,895
Mortgage Receivable	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	30,963,827		28,968,988
Mortgage Receivable | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	30,842,086		28,719,899
Mortgage Receivable | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	38,929		106,356
Mortgage Receivable | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	82,812		142,233
Mortgage Receivable | Doubtful	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	'		500
Commercial and Industrial	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	966,888	[1],[2]	813,691	[1],[3]
Commercial and Industrial | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	924,962	[1]	793,693	[1]
Commercial and Industrial | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	36,277	[1]	13,036	[1]
Commercial and Industrial | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	5,642	[1]	6,808	[1]
Commercial and Industrial | Doubtful	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	7	[1]	154	[1]
Other	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	35,696		39,036
Other | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	34,452		37,688
Other | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	1,244		1,348
Total Other Loan Segment	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	1,002,584		852,727
Total Other Loan Segment | Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	959,414		831,381
Total Other Loan Segment | Special Mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	36,277		13,036
Total Other Loan Segment | Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	6,886		8,156
Total Other Loan Segment | Doubtful	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Non-Covered Loans	$7		$154
[1]	Includes lease financing receivables, all of which were classified as "pass."
[2]	Includes lease financing receivables, all of which were current at June 30, 2014.
[3]	Includes lease financing receivables, all of which were current at December 31, 2013.

Information_Regarding_Troubled

Information Regarding Troubled Debt Restructurings (Detail) (Non-Covered Loans, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	$49,646	$80,342
Multi-Family	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	28,094	60,631
Commercial Real Estate	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	18,451	17,824
Acquisition, Development and Construction	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	935	'
Commercial and Industrial	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	2,166	1,887
Accruing	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	13,113	13,410
Accruing | Multi-Family	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	10,001	10,083
Accruing | Commercial Real Estate	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	2,156	2,198
Accruing | Commercial and Industrial	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	956	1,129
Non-Accrual	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	36,533	66,932
Non-Accrual | Multi-Family	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	18,093	50,548
Non-Accrual | Commercial Real Estate	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	16,295	15,626
Non-Accrual | Acquisition, Development and Construction	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	935	'
Non-Accrual | Commercial and Industrial	'	'
Financing Receivable, Modifications [Line Items]	'	'
Troubled debt restructurings	$1,210	$758

Covered_Loans_Acquired_in_AmTr

Covered Loans Acquired in AmTrust and Desert Hills Acquisitions (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Covered loans	$2,596,659	$2,788,618
Percent of Covered Loans	100.00%	'
One-to-four family	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Covered loans	2,365,543	'
Percent of Covered Loans	91.10%	'
Other loan	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Covered loans	$231,116	'
Percent of Covered Loans	8.90%	'

Changes_in_Accretable_Yield_fo

Changes in Accretable Yield for Covered Loans (Detail) (Covered Loans, USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014
Covered Loans	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'
Balance at beginning of period	$796,993
Reclassification from non-accretable difference	159,338
Accretion	-69,636
Balance at end of period	$886,695

Covered_Loans_Thirty_to_Eighty

Covered Loans Thirty to Eighty Nine Days, Ninety Days or More Past Due (Detail) (Covered Loans, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 90 days or more past due	$173,992	$211,485
Loans 30-89 Days Past Due	48,833	57,929
One-to-four family	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 90 days or more past due	164,266	201,425
Loans 30-89 Days Past Due	44,834	52,250
Other loan	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 90 days or more past due	9,726	10,060
Loans 30-89 Days Past Due	$3,999	$5,679

Activity_in_Allowance_for_Loss

Activity in Allowance for Losses for Non-Covered Loans and Covered Loans (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Allowance for Loan Losses, Individually evaluated for impairment	$2	$0
Allowance for Loan Losses, Collectively evaluated for impairment	139,471	141,946
Allowance for Loan Losses, Acquired loans with deteriorated credit quality	49,626	64,069
Allowance for Loan Losses	189,099	206,015
Mortgage Receivable	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Allowance for Loan Losses, Individually evaluated for impairment	0	0
Allowance for Loan Losses, Collectively evaluated for impairment	126,420	127,840
Allowance for Loan Losses, Acquired loans with deteriorated credit quality	44,076	56,705
Allowance for Loan Losses	170,496	184,545
Other loan	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Allowance for Loan Losses, Individually evaluated for impairment	2	0
Allowance for Loan Losses, Collectively evaluated for impairment	13,051	14,106
Allowance for Loan Losses, Acquired loans with deteriorated credit quality	5,550	7,364
Allowance for Loan Losses	$18,603	$21,470

Additional_Information_Regardi

Additional Information Regarding Methods used to Evaluate Loan Portfolio for Impairment (Detail) (Additional Information Loan Portfolio, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans individually evaluated for impairment	$76,180	$116,385
Loans collectively evaluated for impairment	31,890,231	29,705,330
Acquired loans with deteriorated credit quality	2,596,659	2,788,618
Total	34,563,070	32,610,333
Mortgage Receivable	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans individually evaluated for impairment	70,067	109,389
Loans collectively evaluated for impairment	30,893,760	28,859,599
Acquired loans with deteriorated credit quality	2,365,543	2,529,200
Total	33,329,370	31,498,188
Other loan	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Loans individually evaluated for impairment	6,113	6,996
Loans collectively evaluated for impairment	996,471	845,731
Acquired loans with deteriorated credit quality	231,116	259,418
Total	$1,233,700	$1,112,145

Activity_in_Allowance_for_Loss1

Activity in Allowance for Losses for Non-Covered Loans (Detail) (USD $)	6 Months Ended		3 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013
			Non-Covered Loans	Non-Covered Loans	Mortgage Receivable	Mortgage Receivable	Mortgage Receivable	Other loan	Other loan	Other loan
							Non-Covered Loans			Non-Covered Loans
Valuation Allowance [Line Items]	'	'	'	'	'	'	'	'	'	'
Balance, beginning of period	$141,946	$140,948	'	'	$127,840	$127,934	'	$14,106	$13,014	'
Charge-offs	-7,388	-13,043	'	'	-2,344	-6,024	'	-5,044	-7,019	'
Recoveries	4,915	2,784	'	'	924	2,306	'	3,991	478	'
(Recovery of) provision for loan losses	'	'	5,000	10,000	'	'	-301	'	'	10,301
Balance, end of period	$139,473	$140,689	'	'	$126,420	$123,915	'	$13,053	$16,774	'

Additional_Information_about_I

Additional Information about Impaired Loans (Detail) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	$76,178	$116,385
Impaired loans with no related allowance, Unpaid Principal Balance	92,405	160,938
Impaired loans with no related allowance, Average Recorded Investment	102,865	171,550
Impaired loans with no related allowance, Interest Income Recognized	1,795	4,050
Impaired loans with an allowance recorded, Recorded Investment	2	'
Impaired loans with an allowance recorded, Unpaid Principal Balance	2	'
Impaired loans with an allowance recorded, Related Allowance	2	'
Impaired loans with an allowance recorded, Average Recorded Investment	920	3,342
Total impaired loans, Recorded Investment	76,180	116,385
Total impaired loans, Unpaid Principal Balance	92,407	160,938
Total impaired loans, Related Allowance	2	'
Total impaired loans, Average Recorded Investment	103,785	174,892
Total impaired loans, Interest Income Recognized	1,795	4,050
Multi-Family	'	'
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	38,687	78,771
Impaired loans with no related allowance, Unpaid Principal Balance	46,456	94,265
Impaired loans with no related allowance, Average Recorded Investment	62,907	117,208
Impaired loans with no related allowance, Interest Income Recognized	669	1,991
Impaired loans with an allowance recorded, Average Recorded Investment	'	2,442
Total impaired loans, Recorded Investment	38,687	78,771
Total impaired loans, Unpaid Principal Balance	46,456	94,265
Total impaired loans, Average Recorded Investment	62,907	119,650
Total impaired loans, Interest Income Recognized	669	1,991
Commercial Real Estate	'	'
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	28,832	30,619
Impaired loans with no related allowance, Unpaid Principal Balance	31,100	32,474
Impaired loans with no related allowance, Average Recorded Investment	30,250	43,566
Impaired loans with no related allowance, Interest Income Recognized	779	1,604
Impaired loans with an allowance recorded, Average Recorded Investment	818	900
Total impaired loans, Recorded Investment	28,832	30,619
Total impaired loans, Unpaid Principal Balance	31,100	32,474
Total impaired loans, Average Recorded Investment	31,068	44,466
Total impaired loans, Interest Income Recognized	779	1,604
One-to-four family	'	'
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	1,613	'
Impaired loans with no related allowance, Unpaid Principal Balance	1,648	'
Impaired loans with no related allowance, Average Recorded Investment	987	3,611
Impaired loans with no related allowance, Interest Income Recognized	'	89
Impaired loans with an allowance recorded, Average Recorded Investment	102	'
Total impaired loans, Recorded Investment	1,613	'
Total impaired loans, Unpaid Principal Balance	1,648	'
Total impaired loans, Average Recorded Investment	1,089	3,611
Total impaired loans, Interest Income Recognized	'	89
Acquisition, Development and Construction	'	'
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	935	'
Impaired loans with no related allowance, Unpaid Principal Balance	1,002	'
Impaired loans with no related allowance, Average Recorded Investment	312	275
Impaired loans with no related allowance, Interest Income Recognized	158	'
Total impaired loans, Recorded Investment	935	'
Total impaired loans, Unpaid Principal Balance	1,002	'
Total impaired loans, Average Recorded Investment	312	275
Total impaired loans, Interest Income Recognized	158	'
Commercial and Industrial	'	'
Financing Receivable, Impaired [Line Items]	'	'
Impaired loans with no related allowance, Recorded Investment	6,111	6,995
Impaired loans with no related allowance, Unpaid Principal Balance	12,199	34,199
Impaired loans with no related allowance, Average Recorded Investment	8,409	6,890
Impaired loans with no related allowance, Interest Income Recognized	189	366
Impaired loans with an allowance recorded, Recorded Investment	2	'
Impaired loans with an allowance recorded, Unpaid Principal Balance	2	'
Impaired loans with an allowance recorded, Related Allowance	2	'
Total impaired loans, Recorded Investment	6,113	6,995
Total impaired loans, Unpaid Principal Balance	12,201	34,199
Total impaired loans, Related Allowance	2	'
Total impaired loans, Average Recorded Investment	8,409	6,890
Total impaired loans, Interest Income Recognized	$189	$366

Activity_in_Allowance_for_Loss2

Activity in Allowance for Losses on Covered Loans (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2014	Jun. 30, 2013
In Thousands, unless otherwise specified					Covered Loans	Covered Loans
Valuation Allowance [Line Items]	'	'	'	'	'	'
Balance, beginning of period	$49,626	$64,069	$60,431	$51,311	'	'
(Recovery of) provision for losses on covered loans	'	'	'	'	-14,442	9,120
Balance, end of period	$49,626	$64,069	$60,431	$51,311	'	'

Summary_of_Borrowed_Funds_Deta

Summary of Borrowed Funds (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Outstanding [Line Items]	'	'
FHLB advances	$11,089,128	$10,872,576
Repurchase agreements	3,425,000	3,425,000
Federal funds purchased	425,000	445,000
Total wholesale borrowings	14,939,128	14,742,576
Junior subordinated debentures	358,238	358,126
Preferred stock of subsidiaries	4,300	4,300
Total other borrowings	362,538	362,426
Total borrowed funds	$15,301,666	$15,105,002

Borrowed_Funds_Additional_Info

Borrowed Funds - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Instrument [Line Items]	'	'
Junior Subordinated Debentures Amount Outstanding	$358,238	$358,126

Junior_Subordinated_Debentures

Junior Subordinated Debentures Outstanding (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014		Jun. 30, 2014		Jun. 30, 2014		Jun. 30, 2014
In Thousands, unless otherwise specified			New York Community Capital Trust V (BONUSESSM Units)		New York Community Capital Trust X		PennFed Capital Trust III		New York Community Capital Trust XI
Subordinated Borrowing [Line Items]	'	'	'		'		'		'
Interest Rate of Capital Securities and Debentures	'	'	6.00%		1.83%		3.48%		1.88%
Junior Subordinated Debentures Amount Outstanding	$358,238	$358,126	$144,312		$123,712		$30,928		$59,286
Capital Securities Amount Outstanding	$345,461	'	$137,961		$120,000		$30,000		$57,500
Date of Original Issue	'	'	4-Nov-02		14-Dec-06		2-Jun-03		16-Apr-07
Stated Maturity	'	'	1-Nov-51		15-Dec-36		15-Jun-33		30-Jun-37
First Optional Redemption Date	'	'	4-Nov-07	[1]	15-Dec-11	[2]	15-Jun-08	[2]	30-Jun-12	[2]
[1]	Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002.
[2]	Callable from this date forward.

Mortgage_Servicing_Rights_Addi

Mortgage Servicing Rights - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Mortgaged servicing rights	$228,815	$241,018

Changes_in_Residential_and_Sec

Changes in Residential and Securitized Mortgage Servicing Rights (Detail) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

In Thousands, unless otherwise specified

Mortgage Servicing Rights Residential

Mortgage Servicing Rights Residential

Mortgage Servicing Rights Residential

Mortgage Servicing Rights Residential

Securitized Mortgage Servicing Rights

Securitized Mortgage Servicing Rights

Finite-Lived Intangible Assets [Line Items]

'

'

'

'

'

'

'

'

Carrying value, beginning of period

$228,815

$241,018

$238,004

$172,849

$241,018

$144,520

$129

$193

Additions

'

'

7,175

23,072

13,983

54,673

'

'

Due to changes in valuation assumptions

'

'

-535

34,754

-492

47,848

'

'

Increase (decrease) in fair value, due to other changes

'

'

-15,829

[1]

-15,716

[1]

-25,694

[1]

-32,082

[1]

'

'

Amortization

'

'

'

'

'

'

-33

-97

Carrying value, end of period

$228,815

$241,018

$228,815

$214,959

$228,815

$214,959

$96

$96

[1]

Net servicing cash flows, including loan payoffs, and the passage of time.

Key_Assumptions_Used_in_Calcul

Key Assumptions Used in Calculating Fair Value of Residential Mortgage Servicing Rights (Detail) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Mortgage Loans on Real Estate [Line Items]	'	'
Expected weighted average life	'87 months	'93 months
Constant prepayment speed	8.70%	8.30%
Discount rate	10.00%	10.50%
Primary mortgage rate to refinance	4.20%	4.50%
Current	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Cost to service per loan per year	63	53
30-59 days or less delinquent	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Cost to service per loan per year	213	103
60-89 days delinquent	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Cost to service per loan per year	313	203
90-119 days delinquent	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Cost to service per loan per year	413	303
120 days or more delinquent	'	'
Mortgage Loans on Real Estate [Line Items]	'	'
Cost to service per loan per year	563	553

Companys_Pension_and_PostRetir

Company's Pension and Post-Retirement Plans (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Pension Benefits	'	'	'	'
Components of net periodic (credit) expense:	'	'	'	'
Interest cost	$1,474	$1,364	$2,948	$2,728
Service cost	0	0	0	0
Expected return on plan assets	-4,859	-4,147	-9,718	-8,294
Amortization of prior-service costs	0	0	0	0
Amortization of net actuarial loss	822	2,351	1,644	4,702
Net periodic (credit) expense	-2,563	-432	-5,126	-864
Post-Retirement Benefits	'	'	'	'
Components of net periodic (credit) expense:	'	'	'	'
Interest cost	190	171	380	342
Service cost	1	1	2	2
Expected return on plan assets	0	0	0	0
Amortization of prior-service costs	-62	-62	-124	-124
Amortization of net actuarial loss	118	164	236	328
Net periodic (credit) expense	$247	$274	$494	$548

Pension_and_Other_PostRetireme2

Pension and Other Post-Retirement Benefits - Additional Information (Detail) (Post-Retirement Benefits, USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Post-Retirement Benefits	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'
Expected contribution to defined benefit plan	$1.50

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	6 Months Ended			6 Months Ended	3 Months Ended		6 Months Ended		3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014
				Two Thousand Twelve Incentive Plan	Restricted Stock	Restricted Stock	Restricted Stock	Restricted Stock	Restricted Stock	Restricted Stock	Stock Options
									Stock Incentive Plan Twenty Twelve	Stock Incentive Plan Twenty Twelve
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Shares available for grant	14,471,653	'	'	'	'	'	'	'	'	'	11,453
Shares transferred	'	'	'	1,030,673	'	'	'	'	'	'	'
Shares granted	2,329,498	'	'	'	'	'	'	'	15,000	2,329,498	'
Shares granted, weighted average grant date fair value	$16.82	'	'	'	'	'	'	'	$15.75	$16.82	'
Shares granted, vesting period	'	'	'	'	'	'	'5 years	'	'	'	'
Compensation and benefits expense	'	'	'	'	$7,300,000	$5,400,000	$13,900,000	$11,000,000	'	'	'
Unrecognized compensation cost relating to unvested restricted stock	79,700,000	'	'	'	'	'	'	'	'	'	'
Unrecognized compensation cost relating to unvested restricted stock, recognition period (in years)	'3 years 6 months	'	'	'	'	'	'	'	'	'	'
Stock option plans expiration period from date of grant	'10 years	'	'	'	'	'	'	'	'	'	'
Stock option outstanding	103,974	'	126,821	'	'	'	'	'	'	'	'
Intrinsic value of stock options outstanding and exercisable	146,000	'	'	'	'	'	'	'	'	'	'
Intrinsic values of options exercised	$63,000	$60,000	'	'	'	'	'	'	'	'	'

Summary_of_Activity_for_Restri

Summary of Activity for Restricted Stock Awards (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014
Number of Shares	'
Unvested at beginning of year	5,043,642
Granted	2,329,498
Vested	-1,295,631
Cancelled	-57,700
Unvested at end of period	6,019,809
Weighted Average Grant Date Fair Value	'
Unvested at beginning of year	$14.27
Granted	$16.82
Vested	$14.55
Cancelled	$15.20
Unvested at end of period	$15.19

Summary_of_Activity_for_Stock_

Summary of Activity for Stock Option Plans (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014
Number of Stock Options	'
Stock options outstanding, beginning of year	126,821
Exercised	-21,107
Expired/forfeited	-1,740
Stock options outstanding, end of period	103,974
Options exercisable, end of period	103,974
Weighted Average Exercise Price	'
Stock options outstanding, beginning of year	$15.21
Exercised	$12.69
Expired/forfeited	$16.38
Stock options outstanding, end of period	$15.70
Options exercisable, end of period	$15.70

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	$245,047		$280,738
Loans held for sale	308,895		306,915
Mortgage servicing rights	228,815		241,018
Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	90,539		96,221
Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	154,508		184,517
GSE certificates | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	21,712	[1]	25,200
GSE CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	59,362	[2]	60,819
Private label CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	9,465		10,202
Municipal bonds | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	1,075		1,026
Capital trust notes | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	11,931		11,798
Preferred stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	122,784		116,239
Common stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	18,718		55,454
Fair Value, Measurements, Recurring	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	245,047		280,738
Loans held for sale	308,895		306,915
Mortgage servicing rights	228,815		241,018
Interest rate lock commitments	3,892		258
Derivative assets-other	3,357	[3]	1,574	[4]
Derivative liabilities	-1,037		-388
Fair Value, Measurements, Recurring | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	90,539		96,221
Fair Value, Measurements, Recurring | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	154,508		184,517
Fair Value, Measurements, Recurring | GSE certificates | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	21,712		25,200
Fair Value, Measurements, Recurring | GSE CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	59,362		60,819
Fair Value, Measurements, Recurring | Private label CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	9,465		10,202
Fair Value, Measurements, Recurring | Municipal bonds | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	1,075		1,026
Fair Value, Measurements, Recurring | Capital trust notes | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	11,931		11,798
Fair Value, Measurements, Recurring | Preferred stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	122,784		116,239
Fair Value, Measurements, Recurring | Common stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	18,718		55,454
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	112,021		142,682
Derivative assets-other	2,699	[3]	1,267	[4]
Derivative liabilities	-570		-590
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	112,021		142,682
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Preferred stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	95,105		89,942
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Common stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	16,916		52,740
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	133,026		138,056
Loans held for sale	308,895		306,915
Derivative assets-other	4,982	[3]	5,155	[4]
Derivative liabilities	-5,154		-7,422
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	90,539		96,221
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	42,487		41,835
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | GSE certificates | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	21,712		25,200
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | GSE CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	59,362		60,819
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Private label CMOs | Mortgage-Related Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	9,465		10,202
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Municipal bonds | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	1,075		1,026
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Capital trust notes | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	11,931		11,798
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Preferred stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	27,679		26,297
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Common stock | Other Securities	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Securities available for sale	1,802		2,714
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Mortgage servicing rights	228,815		241,018
Interest rate lock commitments	3,892		258
Fair Value, Measurements, Recurring | Netting Adjustment	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Derivative assets-other	-4,324	[3],[4]	-4,848	[4]
Derivative liabilities	$4,687	[4]	$7,624	[4]
[1]	Government-sponsored enterprise
[2]	Collateralized mortgage obligations
[3]	Includes $2.6 million to purchase Treasury options.
[4]	Includes cash collateral received from, and paid to, counterparties.

Assets_and_Liabilities_Measure1

Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) (Quoted Prices in Active Markets for Identical Assets (Level 1), Treasury Options, USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Quoted Prices in Active Markets for Identical Assets (Level 1) | Treasury Options	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative assets-other	$2,600	$1,300

Difference_between_Fair_Value_

Difference between Fair Value Option and Unpaid Principal Balance (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Option, Quantitative Disclosures [Line Items]	'	'
Fair Value Carrying Amount	$308,895	$306,915
Aggregate Unpaid Principal	298,154	303,805
Fair Value Carrying Amount Less Aggregate Unpaid Principal	$10,741	$3,110

Changes_in_Fair_Value_of_Loans

Changes in Fair Value of Loans Held for Sale (Detail) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Fair Value, Option, Quantitative Disclosures [Line Items]	'		'		'		'
Mortgage Banking Income	($11,097)	[1]	($5,399)	[1]	($19,252)	[1]	$1,001	[1]
Loans held for sale	'		'		'		'
Fair Value, Option, Quantitative Disclosures [Line Items]	'		'		'		'
Mortgage Banking Income	5,267	[1]	-24,437	[1]	6,934	[1]	-14,765	[1]
Mortgage servicing rights	'		'		'		'
Fair Value, Option, Quantitative Disclosures [Line Items]	'		'		'		'
Mortgage Banking Income	($16,364)	[1]	$19,038	[1]	($26,186)	[1]	$15,766	[1]
[1]	Does not include the effect of hedging activities.

Rollforward_of_Financial_Instr

Rollforward of Financial Instruments Classified in Level Three of Valuation Hierarchy (Detail) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Available-for-sale capital securities	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Fair Value, Beginning Balance	'	$18,569
Total Realized/Unrealized Gains/(Losses) Recorded in Comprehensive (Loss) Income	'	1,324
Fair Value, Ending Balance	'	19,893
Change in Unrealized Gains and (Losses) Related to Instruments Held	'	1,324
Mortgage servicing rights	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Fair Value, Beginning Balance	241,018	144,520
Total Realized/Unrealized Gains/(Losses) Recorded in (Loss) Income	-26,186	15,766
Issuances	13,983	54,673
Fair Value, Ending Balance	228,815	214,959
Change in Unrealized Gains and (Losses) Related to Instruments Held	-492	47,848
Interest rate lock commitments	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'
Fair Value, Beginning Balance	258	21,446
Total Realized/Unrealized Gains/(Losses) Recorded in (Loss) Income	3,634	-28,099
Fair Value, Ending Balance	3,892	-6,653
Change in Unrealized Gains and (Losses) Related to Instruments Held	$3,892	($6,541)

Significant_Unobservable_Input

Significant Unobservable Inputs used in Fair Value Measurement (Detail) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Mortgage servicing rights	'		'	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'		'	'	'
Fair value	$228,815		$241,018	$214,959	$144,520
Valuation Technique	'Discounted Cash Flow		'	'	'
Weighted Average Constant Prepayment Rate	8.70%	[1]	'	'	'
Weighted Average Discount Rate	10.00%		'	'	'
Interest rate lock commitments	'		'	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'		'	'	'
Fair value	$3,892		$258	($6,653)	$21,446
Valuation Technique	'Pricing Model		'	'	'
Weighted Average Closing Ratio	74.31%		'	'	'
[1]	Represents annualized loan repayment rate assumptions.

Assets_and_Liabilities_Measure2

Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Detail) (Fair Value, Measurements, Nonrecurring, USD $)	Jun. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Certain impaired loans	$19,164		$47,535
Other assets	22,893	[1]	19,810	[1]
Total	42,057		67,345
Significant Other Observable Inputs (Level 2)	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Other assets	22,893	[1]	19,810	[1]
Total	22,893		19,810
Significant Unobservable Inputs (Level 3)	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Certain impaired loans	19,164		47,535
Total	$19,164		$47,535
[1]	Represents the fair value of OREO, based on the appraised value of the collateral subsequent to its initial classification as OREO.

Summary_of_Carrying_Values_Est

Summary of Carrying Values, Estimated Fair Values and Fair Value Measurement Levels of Financial Instruments (Detail) (USD $)	Jun. 30, 2014		Dec. 31, 2013		Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Financial Assets:	'		'		'	'
Cash and cash equivalents	$668,950		$644,550		$1,319,710	$2,427,258
Securities held to maturity	7,547,911	[1]	7,670,282	[2]	'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	34,702,395		32,727,507		'	'
Cash and cash equivalents	668,950		644,550		'	'
Securities held to maturity	7,622,751	[1]	7,445,244	[2]	'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	35,256,509		32,628,361		'	'
Financial Liabilities:	'		'		'	'
Deposits	27,352,469		25,660,992		'	'
Borrowed funds	15,301,666		15,105,002		'	'
Deposits	27,373,609		25,712,388		'	'
Borrowed funds	16,300,287		16,058,931		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	668,950		644,550		1,319,710	2,427,258
Securities held to maturity	7,547,911	[1]	7,670,282	[2]	'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	34,702,395		32,727,507		'	'
Cash and cash equivalents	668,950		644,550		'	'
Securities held to maturity	7,622,751	[1]	7,445,244	[2]	'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	35,256,509		32,628,361		'	'
Financial Liabilities:	'		'		'	'
Deposits	27,352,469		25,660,992		'	'
Borrowed funds	15,301,666		15,105,002		'	'
Deposits	27,373,609		25,712,388		'	'
Borrowed funds	16,300,287		16,058,931		'	'
Quoted Prices in Active Markets for Identical Assets (Level 1)	'		'		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	668,950		644,550		'	'
Securities held to maturity	0		0		'	'
FHLB stock	0	[3]	0	[3]	'	'
Loans, net	0		0		'	'
Financial Liabilities:	'		'		'	'
Deposits	20,633,293	[4]	18,728,896	[4]	'	'
Borrowed funds	0		0		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	668,950		644,550		'	'
Securities held to maturity	0		0		'	'
FHLB stock	0	[3]	0	[3]	'	'
Loans, net	0		0		'	'
Financial Liabilities:	'		'		'	'
Deposits	20,633,293	[4]	18,728,896	[4]	'	'
Borrowed funds	0		0		'	'
Significant Other Observable Inputs (Level 2)	'		'		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	0		0		'	'
Securities held to maturity	7,614,289		7,438,091		'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	0		0		'	'
Financial Liabilities:	'		'		'	'
Deposits	6,740,316	[5]	6,983,492	[5]	'	'
Borrowed funds	16,300,287		16,058,931		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	0		0		'	'
Securities held to maturity	7,614,289		7,438,091		'	'
FHLB stock	571,708	[3]	561,390	[3]	'	'
Loans, net	0		0		'	'
Financial Liabilities:	'		'		'	'
Deposits	6,740,316	[5]	6,983,492	[5]	'	'
Borrowed funds	16,300,287		16,058,931		'	'
Significant Unobservable Inputs (Level 3)	'		'		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	0		0		'	'
Securities held to maturity	8,462		7,153		'	'
FHLB stock	0	[3]	0	[3]	'	'
Loans, net	35,256,509		32,628,361		'	'
Financial Liabilities:	'		'		'	'
Deposits	0		0		'	'
Borrowed funds	0		0		'	'
Financial Assets:	'		'		'	'
Cash and cash equivalents	0		0		'	'
Securities held to maturity	8,462		7,153		'	'
FHLB stock	0	[3]	0	[3]	'	'
Loans, net	35,256,509		32,628,361		'	'
Financial Liabilities:	'		'		'	'
Deposits	0		0		'	'
Borrowed funds	$0		$0		'	'
[1]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At June 30, 2014, the non-credit portion of OTTI recorded in AOCL was $9.1 million (before taxes).
[2]	Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2013, the non-credit portion of OTTI recorded in AOCL was $9.2 million (before taxes).
[3]	Carrying value and estimated fair value are at cost.
[4]	NOW and money market accounts, savings accounts, and non-interest-bearing accounts.
[5]	Certificates of deposit.

Derivative_Financial_Instrumen2

Derivative Financial Instruments - Additional Information (Detail) (Nondesignated, USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Nondesignated	'
Derivative Instruments, Gain (Loss) [Line Items]	'
Derivative financial instruments held, notional amount	$2,224,478

Derivative_Financial_Instrumen3

Derivative Financial Instruments (Detail) (Nondesignated, USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Derivatives, Fair Value [Line Items]	'
Notional Amount	$2,224,478
Treasury Options	'
Derivatives, Fair Value [Line Items]	'
Notional Amount	505,000
Eurodollar Futures	'
Derivatives, Fair Value [Line Items]	'
Notional Amount	145,000
Forward commitments to sell loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Notional Amount	610,000
Forward commitments to buy loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Notional Amount	545,000
Interest rate lock commitments	'
Derivatives, Fair Value [Line Items]	'
Notional Amount	419,478
Other Asset	'
Derivatives, Fair Value [Line Items]	'
Unrealized Gain	9,015	[1]
Other Asset | Treasury Options	'
Derivatives, Fair Value [Line Items]	'
Unrealized Gain	141	[1]
Other Asset | Forward commitments to sell loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Unrealized Gain	26	[1]
Other Asset | Forward commitments to buy loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Unrealized Gain	4,956	[1]
Other Asset | Interest rate lock commitments	'
Derivatives, Fair Value [Line Items]	'
Unrealized Gain	3,892	[1]
Other Liability	'
Derivatives, Fair Value [Line Items]	'
Unrealized Loss	5,724	[1]
Other Liability | Treasury Options	'
Derivatives, Fair Value [Line Items]	'
Unrealized Loss	438	[1]
Other Liability | Eurodollar Futures	'
Derivatives, Fair Value [Line Items]	'
Unrealized Loss	132	[1]
Other Liability | Forward commitments to sell loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Unrealized Loss	5,126	[1]
Other Liability | Forward commitments to buy loans/mortgage-backed securities	'
Derivatives, Fair Value [Line Items]	'
Unrealized Loss	$28	[1]
[1]	Derivatives in a net gain position are recorded as "Other assets" and derivatives in a net loss position are recorded as "Other liabilities" in the Consolidated Statements of Condition.

Effect_of_Derivative_Instrumen

Effect of Derivative Instruments on Consolidated Statements of Income and Comprehensive Income (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Gain (Loss) Included in Mortgage Banking Income	$4,653	$18,526	$7,694	$23,932
Treasury Options	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Gain (Loss) Included in Mortgage Banking Income	1,454	-3,368	1,055	-6,956
Eurodollar Futures	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Gain (Loss) Included in Mortgage Banking Income	161	-11	106	4
Forward commitments to buy/sell loans/mortgage-backed securities	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Gain (Loss) Included in Mortgage Banking Income	$3,038	$21,905	$6,533	$30,884

Effect_of_Master_Netting_Arran

Effect of Master Netting Arrangements on Presentation of Derivative Assets and Liabilities in Consolidated Statements of Financial Condition (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivative Financial Instruments, Liabilities	'	'
Derivatives, Fair Value [Line Items]	'	'
Gross Amounts of Recognized Liabilities	$5,724	$8,012
Gross Amounts Offset in the Statement of Condition	4,687	7,624
Net Amounts of Liabilities Presented in the Statement of Condition	1,037	388
Financial Instruments	0	0
Cash Collateral Received	0	0
Net Amount	1,037	388
Derivative Financial Instruments, Assets	'	'
Derivatives, Fair Value [Line Items]	'	'
Gross Amounts Of Recognized Assets	11,573	6,680
Gross Amounts offset in the statement of Condition	4,324	4,848
Net Amounts of Assets Presented in the Statement of Condition	7,249	1,832
Financial Instruments	0	0
Cash Collateral Received	0	0
Net Amount	$7,249	$1,832

Segment_Reporting_Additional_I

Segment Reporting - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2014
	Segment
Segment Reporting Information [Line Items]	'
Number of reportable business segments	2

Segment_Results_Detail

Segment Results (Detail) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Segment Reporting Information [Line Items]	'		'		'		'		'
Net interest income	$283,492		$299,884		$567,642		$575,060		'
(Recovery of) provision for loan losses	188		9,618		-14,442		19,120		'
Non-Interest Income	52,593		53,745		89,828		129,296		'
Non-interest expense	147,836	[1]	151,665	[1]	294,161	[1]	307,761	[1]	'
Income before income taxes	188,061		192,346		377,751		377,475		'
Income tax expense	69,373		69,829		143,809		136,283		'
Net income	118,688		122,517		233,942		241,192		'
Identifiable segment assets (period-end)	48,604,772		44,185,838		48,604,772		44,185,838		46,688,287
Third Party	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Non-Interest Income	52,593	[2]	53,745	[2]	89,828	[2]	129,296	[2]	'
Banking Operations	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net interest income	280,008		293,678		561,255		561,741		'
(Recovery of) provision for loan losses	188		9,618		-14,442		19,120		'
Non-Interest Income	32,807		25,777		50,912		70,340		'
Non-interest expense	133,929	[1]	131,201	[1]	264,754	[1]	266,127	[1]	'
Income before income taxes	178,698		178,636		361,855		346,834		'
Income tax expense	65,879		64,633		137,888		124,667		'
Net income	112,819		114,003		223,967		222,167		'
Identifiable segment assets (period-end)	47,931,214		43,127,156		47,931,214		43,127,156		'
Banking Operations | Third Party	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Non-Interest Income	36,578	[2]	29,835	[2]	58,462	[2]	78,557	[2]	'
Banking Operations | Inter-segment	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Non-Interest Income	-3,771		-4,058		-7,550		-8,217		'
Residential Mortgage Banking	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net interest income	3,484		6,206		6,387		13,319		'
(Recovery of) provision for loan losses	0		0		0		0		'
Non-Interest Income	19,786		27,968		38,916		58,956		'
Non-interest expense	13,907	[1]	20,464	[1]	29,407	[1]	41,634	[1]	'
Income before income taxes	9,363		13,710		15,896		30,641		'
Income tax expense	3,494		5,196		5,921		11,616		'
Net income	5,869		8,514		9,975		19,025		'
Identifiable segment assets (period-end)	673,558		1,058,682		673,558		1,058,682		'
Residential Mortgage Banking | Third Party	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Non-Interest Income	16,015	[2]	23,910	[2]	31,366	[2]	50,739	[2]	'
Residential Mortgage Banking | Inter-segment	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Non-Interest Income	$3,771		$4,058		$7,550		$8,217		'
[1]	Includes both direct and indirect expenses.
[2]	Includes ancillary fee income.