Central Pacific Financial (CPF) 10-K 28 Feb 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Feb. 14, 2014	Jun. 30, 2013
Document and Entity Information	'	'	'
Entity Registrant Name	'CENTRAL PACIFIC FINANCIAL CORP	'	'
Entity Central Index Key	'0000701347	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Public Float	'	'	$403,903,000
Entity Common Stock, Shares Outstanding	'	42,108,496	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets	'	'
Cash and due from banks	$45,092	$56,473
Interest-bearing deposits in other banks	4,256	120,902
Investment securities:	'	'
Available for sale, at fair value	1,407,999	1,536,745
Held to maturity, at amortized cost (fair value of $ 238,705 at December 31, 2013 and $162,528 at December 31, 2012)	252,047	161,848
Total investment securities	1,660,046	1,698,593
Loans held for sale	12,370	38,283
Loans and leases	2,630,601	2,203,944
Allowance for loan and lease losses	-83,820	-96,413
Net loans and leases	2,546,781	2,107,531
Premises and equipment, net	49,039	48,759
Accrued interest receivable	14,072	13,896
Investment in unconsolidated subsidiaries	9,127	10,975
Other real estate	5,163	10,686
Other intangible assets	32,783	37,499
Bank-owned life insurance	149,604	147,411
Federal Home Loan Bank stock	46,193	47,928
Other assets	166,672	31,432
Total assets	4,741,198	4,370,368
Deposits:	'	'
Noninterest-bearing demand	891,017	843,292
Interest-bearing demand	728,619	672,838
Savings and money market	1,207,016	1,186,011
Time	1,109,521	978,631
Total deposits	3,936,173	3,680,772
Short-term borrowings	8,015	0
Long-term debt	92,799	108,281
Other liabilities	44,037	66,536
Total liabilities	4,081,024	3,855,589
Equity:	'	'
Preferred stock, no par value, authorized 1,100,000 shares, issued and outstanding none at December 31, 2013 and 2012	'	'
Common stock, no par value, authorized 185,000,000 shares, issued and outstanding 42,107,633 and 41,867,046 shares at December 31, 2013 and 2012, respectively	784,547	784,512
Surplus	75,498	70,567
Accumulated deficit	-184,087	-349,427
Accumulated other comprehensive loss	-15,845	-830
Total shareholders' equity	660,113	504,822
Non-controlling interest	61	9,957
Total equity	660,174	514,779
Total liabilities and equity	$4,741,198	$4,370,368

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
CONSOLIDATED BALANCE SHEETS	'	'
Held to maturity, fair value (in dollars)	$238,705	$162,528
Preferred stock, par value (in dollars per share)	'	'
Preferred stock, authorized shares	1,100,000	1,100,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	'	'
Common stock, authorized shares	185,000,000	185,000,000
Common stock, issued shares	42,107,633	41,867,046
Common stock, outstanding shares	42,107,633	41,867,046

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest income:	'	'	'
Interest and fees on loans and leases	$104,479	$97,029	$107,089
Interest and dividends on investment securities:	'	'	'
Taxable interest	31,498	28,803	27,559
Tax-exempt interest	4,051	2,312	738
Dividends	23	16	12
Interest on deposits in other banks	203	285	1,052
Dividends on Federal Home Loan Bank stock	24	'	'
Total interest income	140,278	128,445	136,450
Interest on deposits:	'	'	'
Demand	349	339	500
Savings and money market	894	1,006	2,044
Time	2,801	3,688	7,066
Interest on short-term borrowings	6	'	204
Interest on long-term debt	3,119	3,701	8,815
Total interest expense	7,169	8,734	18,629
Net interest income	133,109	119,711	117,821
Provision (credit) for loan and lease losses	-11,310	-18,885	-40,690
Net interest income after provision for loan and lease losses	144,419	138,596	158,511
Other operating income:	'	'	'
Other service charges and fees	18,547	17,569	17,239
Net gain on sales of residential loans	9,986	17,095	8,050
Net gain on sales of foreclosed assets	8,584	4,999	6,821
Service charges on deposit accounts	7,041	8,367	10,024
Income from fiduciary activities	2,855	2,599	2,794
Income from bank-owned life insurance	2,333	2,899	4,139
Equity in earnings of unconsolidated subsidiaries	790	574	458
Loan placement fees	570	690	541
Fees on foreign exchange	508	551	664
Investment securities gains	482	789	1,306
Other	3,249	4,611	4,966
Total other operating income	54,945	60,743	57,002
Other operating expense:	'	'	'
Salaries and employee benefits	76,294	69,344	63,675
Net occupancy	14,323	13,920	13,793
Legal and professional services	8,094	13,824	13,506
Amortization and impairment of other intangible assets	7,418	10,179	7,033
Computer software expense	4,579	3,961	3,629
Equipment	3,676	3,966	4,702
Communication expense	3,523	3,428	3,517
Advertising expense	2,666	3,516	2,961
Foreclosed asset expense	1,036	6,887	11,378
Write down of assets	'	2,586	4,624
Loss on early extinguishment of debt	'	'	6,234
Other	17,927	20,307	43,890
Total other operating expense	139,536	151,918	178,942
Income before income taxes	59,828	47,421	36,571
Income tax benefit	-112,247	'	'
Net income	172,075	47,421	36,571
Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock	'	'	-83,897
Net income available to common shareholders	$172,075	$47,421	$120,468
Per common share data:	'	'	'
Basic earnings per share (in dollars per share)	$4.10	$1.14	$3.36
Diluted earnings per share (in dollars per share)	$4.07	$1.13	$3.31
Cash dividends declared (in dollars per share)	$0.16	'	'

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'
Net income	$172,075	$47,421	$36,571
Other comprehensive income (loss), net of tax	'	'	'
Net change in unrealized gain (loss) on investment securities	-31,865	-1,271	21,026
Net change in unrealized loss on derivatives	10,993	-434	-3,235
Minimum pension liability adjustment	5,857	-1,289	-1,062
Other comprehensive income (loss), net of tax	-15,015	-2,994	16,729
Comprehensive income	$157,060	$44,427	$53,300

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)	Total	Preferred Stock	Common Stock	Surplus	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Non Controlling Interests
In Thousands, unless otherwise specified
Balance at Dec. 31, 2010	$76,055	$130,458	$404,167	$63,308	($517,316)	($14,565)	$10,003
Increase (Decrease) in Shareholders' Equity	'	'	'	'	'	'	'
Net income	36,571	'	'	'	36,571	'	'
Other comprehensive income (loss)	16,729	'	'	'	'	16,729	'
Preferred stock dividends and accretion	-969	204	'	'	-1,173	'	'
5,620,117 shares of common stock issued in exchange for preferred stock and accrued unpaid dividends	10,609	-130,662	56,201	'	85,070	'	'
34,599,585 shares of common stock issued under common stock offerings and stock plans, net of costs	324,155	'	324,155	'	'	'	'
193 net shares of common stock sold by directors' deferred compensation plan	16	'	16	'	'	'	'
Share-based compensation	3,277	'	'	3,277	'	'	'
Non-controlling interests	-23	'	'	'	'	'	-23
Balance at Dec. 31, 2011	466,420	'	784,539	66,585	-396,848	2,164	9,980
Increase (Decrease) in Shareholders' Equity	'	'	'	'	'	'	'
Net income	47,421	'	'	'	47,421	'	'
Other comprehensive income (loss)	-2,994	'	'	'	'	-2,994	'
1,782 and 4,291 net shares of common stock purchased by directors' deferred compensation plan, for the year ended December 31, 2013 and 2012, respectively	-27	'	-27	'	'	'	'
Share-based compensation	3,982	'	'	3,982	'	'	'
Non-controlling interests	-23	'	'	'	'	'	-23
Balance at Dec. 31, 2012	514,779	'	784,512	70,567	-349,427	-830	9,957
Increase (Decrease) in Shareholders' Equity	'	'	'	'	'	'	'
Net income	172,075	'	'	'	172,075	'	'
Other comprehensive income (loss)	-15,015	'	'	'	'	-15,015	'
Cash dividends ($0.16 per share)	-6,735	'	'	'	-6,735	'	'
1,782 and 4,291 net shares of common stock purchased by directors' deferred compensation plan, for the year ended December 31, 2013 and 2012, respectively	-39	'	-39	'	'	'	'
Share-based compensation	5,005	'	74	4,931	'	'	'
Non-controlling interests	-9,896	'	'	'	'	'	-9,896
Balance at Dec. 31, 2013	$660,174	'	$784,547	$75,498	($184,087)	($15,845)	$61

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY	'	'	'
Common stock issued in exchange for preferred stock and accrued and unpaid dividends (in shares)	'	'	5,620,117
Common stock issued under common stock offerings and stock plans (in shares)	'	'	34,599,585
Common stock purchased (sold) by directors' deferred compensation plan (in shares)	1,782	4,291	-193
Cash dividends (in dollars per share)	$0.16	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:	'	'	'
Net income	$172,075	$47,421	$36,571
Adjustments to reconcile net income to net cash provided by operating activities:	'	'	'
Provision (credit) for loan and lease losses	-11,310	-18,885	-40,690
Depreciation and amortization	6,007	6,351	6,724
Amortization and impairment of other intangible assets	7,418	10,179	7,033
Write down of assets	'	2,586	4,624
Write down of other real estate, net of gain on sale	-8,011	-358	528
Net amortization of investment securities	13,283	15,670	9,447
Share-based compensation	4,931	3,982	3,277
Net gain on sale of investment securities	-482	-789	-1,306
Net gain on sales of residential loans	-9,986	-17,095	-8,050
Proceeds from sales of loans held for sale	654,005	969,089	667,052
Originations of loans held for sale	-618,106	-952,402	-662,429
Equity in earnings of unconsolidated subsidiaries	-790	-574	-458
Increase in cash surrender value of bank-owned life insurance	-2,729	-4,934	-2,337
Deferred income taxes	-112,356	'	'
Premium paid on repurchases of preferred stock	1,895	'	'
Net change in other assets and liabilities	-11,313	-20,853	3,137
Net cash provided by operating activities	84,531	39,388	23,123
Cash flows from investing activities:	'	'	'
Proceeds from maturities of and calls on investment securities available for sale	448,453	437,471	401,556
Proceeds from sales of investment securities available for sale	271,931	130,076	137,980
Purchases of investment securities available for sale	-753,496	-627,356	-1,317,112
Proceeds from maturities of and calls on investment securities held to maturity	13,500	2,487	1,881
Purchases of investment securities held to maturity	-4,595	-163,498	'
Net loan principal repayments (loan originations)	-357,853	-152,350	19,435
Purchases of loan portfolios	-85,110	'	'
Proceeds from sales of loans originated for investment	10,679	10,340	26,721
Proceeds from sales of other real estate	17,892	56,915	42,362
Proceeds from bank-owned life insurance	536	1,997	158
Purchases of premises and equipment	-6,287	-3,696	-747
Distributions from unconsolidated subsidiaries	9,615	467	522
Contributions to unconsolidated subsidiaries	-9,050	'	'
Proceeds from redemptiom of FHLB stock	1,735	869	'
Net cash used in investing activities	-442,050	-306,278	-687,244
Cash flows from financing activities:	'	'	'
Net increase in deposits	255,401	237,244	310,581
Repayments of long-term debt	-15,482	-50,017	-301,219
Net increase (decrease) in short-term borrowings	8,015	-34	-202,446
Cash dividends paid on common stock	-6,735	'	'
Net proceeds from issuance of common stock and stock option exercises	74	'	323,538
Repurchases of preferred stock of subsidiaries	-11,781	'	'
Net cash provided by financing activities	229,492	187,193	130,454
Net decrease in cash and cash equivalents	-128,027	-79,697	-533,667
Cash and cash equivalents:	'	'	'
At beginning of year	177,375	257,072	790,739
At end of year	49,348	177,375	257,072
Cash paid during the year for:	'	'	'
Interest	19,260	5,622	18,138
Income taxes	5	5	86
Cash received during the year for:	'	'	'
Income taxes	'	430	55
Supplemental disclosure of noncash investing and financing activities:	'	'	'
Net change in common stock held by directors' deferred compensation plan	39	27	-16
Net reclassification of loans to other real estate	4,358	4,846	47,064
Net reclassification of loans held for sale to other real estate	'	716	'
Net transfer of loans to loans held for sale	'	1,487	13,639
Net transfer of investment securities available for sale to held to maturity	101,669	'	'
Dividends accrued on preferred stock	'	'	969
Accretion of preferred stock discount	'	'	204
Preferred stock and accrued unpaid dividends converted to common stock	'	'	142,988
Common stock issued in exchange for preferred stock and accrued unpaid dividends	'	'	$56,201

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	1.                                      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Description of Business
	Central Pacific Financial Corp. is a bank holding company. Our principal operating subsidiary, Central Pacific Bank, is a full-service commercial bank with 35 branches and 112 ATMs located throughout the state of Hawaii. The bank engages in a broad range of lending activities including originating commercial loans, commercial and residential mortgage loans and consumer loans. The bank also offers a variety of deposit products and services. These include personal and business checking and savings accounts, money market accounts and time certificates of deposit. Other products and services include debit cards, internet banking, cash management services, traveler’s checks, safe deposit boxes, international banking services, night depository facilities and wire transfers. Wealth management products and services include non-deposit investment products, annuities, insurance, investment management, asset custody and general consultation and planning services.
	When we refer to “the Company,” “we,” “us” or “our,” we mean Central Pacific Financial Corp. & Subsidiaries (consolidated). When we refer to “Central Pacific Financial Corp.” or to the holding company, we are referring to the parent company on a standalone basis. When we refer to “our bank” or “the bank,” we mean “Central Pacific Bank.”
	The banking business depends on rate differentials, the difference between the interest rates paid on deposits and other borrowings and the interest rates received on loans extended to customers and investment securities held in our portfolio. These rates are highly sensitive to many factors that are beyond our control. Accordingly, the earnings and growth of the Company are subject to the influence of domestic and foreign economic conditions, including inflation, recession and unemployment.
	We have the following three reportable segments: (1) Banking Operations, (2) Treasury and (3) All Others. The Banking Operations segment includes construction and commercial real estate lending, commercial lending, residential mortgage lending and servicing, consumer lending, trust services, retail brokerage services, and our retail branch offices, which provide a full range of deposit and loan products, as well as various other banking services. The Treasury segment is responsible for managing the Company’s investment securities portfolio and wholesale funding activities. The All Others segment consists of all activities not captured by the Banking Operations and Treasury segments described above and includes activities such as electronic banking, data processing and management of bank owned properties. For further information, see Note 25.
	With respect to our capital raising efforts, we completed a number of key milestones since 2011. We completed our previously announced capital raise of $325 million through a private placement offering (the “Private Placement”) in February 2011.
	Concurrently with the Private Placement, in February 2011, the U.S. Treasury (the “Treasury”) agreed to exchange our Fixed Rate Cumulative Perpetual Preferred Stock (the “TARP Preferred Stock”) purchased by the Treasury under the Troubled Assets Relief Program (“TARP”) and accrued and unpaid dividends thereon for approximately $56.2 million in our common stock (the “TARP Exchange”). The Company and Treasury also agreed to amend the ten-year warrant to purchase shares of common stock (the “TARP Warrant”) issued to the Treasury in connection with the Treasury’s investment in the TARP Preferred Stock to, among other things, reduce the exercise price to the same per share purchase price in the Private Placement.
	In anticipation of the completion of the Private Placement and the TARP Exchange, we effected a 1-for-20 reverse split on February 2, 2011 (the “Reverse Stock Split”). The Reverse Stock Split was previously approved by our shareholders at the shareholder meeting on May 24, 2010. No fractional shares of common stock were issued as a result of the Reverse Stock Split. For each holder of common stock, the number of shares held prior to the effectiveness of the Reverse Stock Split were divided by twenty and, if the resulting number was not a whole number, then such number was rounded up to the next nearest whole number. Except as otherwise specified herein, share and per share amounts for historical periods have been restated to give the effect to the Reverse Stock Split.
	As part of the recapitalization, we also completed a rights offering ( the “Rights Offering”) whereby shareholders of record as of the close of business on February 17, 2011 received transferable rights to purchase newly issued shares of our common stock at a purchase price of $10 per share. The rights provided for the purchase of up to $20.0 million of the Company’s common stock by holders of such rights. The Rights Offering was fully subscribed and completed in May 2011.
	On June 22, 2011, the Treasury completed a public underwritten offering of 2,850,000 shares of our common stock it received in the TARP Exchange. On April 4, 2012, the Treasury completed another public underwritten offering of its remaining 2,770,117 shares of our common stock it received in the TARP Exchange. The Company did not receive any proceeds from either of these offerings. In June 2013, the Treasury held a private auction to sell its warrant positions in several financial institutions which included the Company’s warrant to purchase up to 79,288 shares of our common shares at a purchase price of $10 per share. On June 6, 2013, we were notified that we were the winning bidder of the warrant at our bid of $752 thousand. After the completion of these transactions, the Treasury no longer holds any outstanding shares of our common stock, or any warrants to purchase our common stock they received in connection with our participation in the TARP.
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The bank acquired Hawaii HomeLoans (“HHL”), which is now known as Central Pacific HomeLoans (“CPHL”), on August 17, 2005. Our former subsidiary CPHL was merged into the bank in February 2012. The results of operations of CPHL are included in the consolidated financial statements from the acquisition date.
	On July 1, 2008, we acquired the assets of Pacific Islands Financial Management LLC (“PIFM”). The assets of PIFM were included in the consolidated financial statements from the acquisition date, however, in 2012, we determined that the intangible assets of PIFM were fully impaired, and accordingly, impairment charges were recorded.
	Central Pacific Bank has two wholly-owned subsidiaries: CPB Real Estate, Inc. and Citibank Properties, Inc. Both are real estate investment trusts that are in the process of dissolution. Central Pacific Bank had another wholly-owned subsidiary, CB Technology, Inc. that was dissolved in February 2013.
	We have a 50% ownership interest in the following mortgage brokerage companies: Pacific Access Mortgage, LLC, Gentry HomeLoans, LLC, Haseko HomeLoans, LLC and Island Pacific HomeLoans, LLC. These investments are accounted for using the equity method and are included in investment in unconsolidated subsidiaries. We also have non-controlling equity investments in affiliates that are accounted for under the cost method and are included in investment in unconsolidated subsidiaries.
	Our investments in unconsolidated subsidiaries accounted for under the equity and cost methods were $0.6 million and $8.5 million, respectively, at December 31, 2013 and $0.7 million and $10.2 million, respectively, at December 31, 2012. Our policy for determining impairment of these investments includes an evaluation of whether a loss in value of an investment is other than temporary. Evidence of a loss in value includes absence of an ability to recover the carrying amount of the investment or the inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. We perform impairment tests whenever indicators of impairment are present. If the value of an investment declines and it is considered other than temporary, the investment is written down to its respective fair value in the period in which this determination is made.
	The Company sponsors the Central Pacific Bank Foundation which is not consolidated in the Company’s financial statements.
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with generally accepted accounting principles in the United States (“GAAP”) requires management to make estimates and assumptions that reflect the reported amounts of assets and liabilities and disclosures of contingent assets and contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance and provision for loan and lease losses, reserves for unfunded loan commitments, residential mortgage repurchase reserves and deferred income tax assets and income tax expense, as well as the valuation of investment securities, other intangible assets and the related amortization thereon, pension liability and the fair value of certain financial instruments.
	Cash and Cash Equivalents
	For purposes of the consolidated statements of cash flows, we consider cash and cash equivalents to include cash and due from banks, interest-bearing deposits in other banks, federal funds sold and all highly liquid investments with maturities of three months or less at the time of purchase.
	Investment Securities
	Investments in debt securities and marketable equity securities are designated as trading, available for sale, or held to maturity. Securities are designated as held to maturity only if we have the positive intent and ability to hold these securities to maturity. Held to maturity debt securities are reported at amortized cost. Trading securities are reported at fair value, with changes in fair value included in earnings. Available-for-sale securities are reported at fair value with net unrealized gains and losses, net of taxes, included in accumulated other comprehensive income (loss) (“AOCI”).
	We use current quotations, where available, to estimate the fair value of investment securities. Where current quotations are not available, we estimate fair value based on the present value of expected future cash flows. We consider the facts of each security including the nature of the security, the amount and duration of the loss, credit quality of the issuer, the expectations for that security’s performance and our intent and ability to hold the security until recovery. Declines in the value of debt securities and marketable equity securities that are considered other than temporary are recorded in other operating income. Realized gains and losses on the sale of investment securities are recorded in other operating income using the specific identification method.
	We amortize premiums and accrete discounts associated with investment securities using the interest method over the life of the respective security instrument.
	As a member of the Federal Home Loan Bank of Seattle (“FHLB”), the bank is required to obtain and hold a specific number of shares of capital stock of the FHLB based on the amount of outstanding FHLB advances. The securities are reported at cost and are presented separately in the consolidated balance sheets.
	Loans Held for Sale
	Loans held for sale consists of the following two types: (1) Hawaii residential mortgage loans that are originated with the intent to sell them in the secondary market and (2) non-residential mortgage loans in both Hawaii and the U.S. Mainland that were originated with the intent to be held in our portfolio but were subsequently transferred to the held for sale category. Hawaii residential mortgage loans classified as held for sale are carried at the lower of cost or fair value on an aggregate basis, while the non-residential Hawaii and U.S. Mainland loans are recorded at the lower of cost or fair value on an individual basis. Net fees and costs associated with originating and acquiring the Hawaii residential mortgage loans held for sale are deferred and included in the basis for determining the gain or loss on sales of loans held for sale. We report the fair values of the non-residential mortgage loans classified as held for sale net of applicable selling costs on our consolidated balance sheets.
	Loans originated with the intent to be held in our portfolio are subsequently transferred to held for sale when our intent to hold for the foreseeable future has changed. At the time of a loan’s transfer to the held for sale account, the loan is recorded at the lower of cost or fair value. Any reduction in the loan’s value is reflected as a write-down of the recorded investment resulting in a new cost basis, with a corresponding reduction in the allowance for loan and lease losses.
	In subsequent periods, if the fair value of a loan classified as held for sale is less than its cost basis, a valuation adjustment is recognized in our consolidated statement of income in other operating expense and the carrying value of the loan is adjusted accordingly. The valuation adjustment may be recovered in the event that the fair value increases, which is also recognized in our consolidated statement of income in other operating expense.
	The fair value of loans classified as held for sale are generally based upon quoted prices for similar assets in active markets, acceptance of firm offer letters with agreed upon purchase prices, discounted cash flow models that take into account market observable assumptions, or independent appraisals of the underlying collateral securing the loans. Collateral values are determined based on appraisals received from qualified valuation professionals and are obtained periodically or when indicators that property values may be impaired are present.
	We sell residential mortgage loans under industry standard contractual provisions that include various representations and warranties, which typically cover ownership of the loan, compliance with loan criteria set forth in the applicable agreement, validity of the lien securing the loan, and other similar matters. We may be required to repurchase certain loans sold with identified defects, indemnify the investor, or reimburse the investor for any credit losses incurred. Our repurchase risk generally relates to early payment defaults and borrower fraud. We establish residential mortgage repurchase reserves to reflect this risk based on our estimate of losses after considering a combination of factors, including our estimate of future repurchase activity and our projection of expected credit losses resulting from repurchased loans. At December 31, 2013 and 2012, this reserve totaled $2.9 million and $3.6 million, respectively, and is included in other liabilities on our consolidated balance sheets.
	Loans
	Loans are stated at the principal amount outstanding, net of unearned income. Unearned income represents net deferred loan fees that are recognized over the life of the related loan as an adjustment to yield. Net deferred loan fees are amortized using the interest method over the contractual term of the loan, adjusted for actual prepayments. Unamortized fees on loans paid in full are recognized as a component of interest income.
	Interest income on loans is recognized on an accrual basis. For all loan types, the Company determines delinquency status by considering the number of days full payments required by the contractual terms of the loan are past due. Loans are placed on nonaccrual status when interest payments are 90 days past due, or earlier should management determine that the borrowers will be unable to meet contractual principal and/or interest obligations, unless the loans are well-secured and in the process of collection. When a loan is placed on nonaccrual status, all interest previously accrued but not collected is reversed against current period interest income should management determine that the collectibility of such accrued interest is doubtful. All subsequent receipts are applied to principal outstanding and no interest income is recognized unless the financial condition and payment record of the borrowers warrant such recognition. A nonaccrual loan may be restored to an accrual basis when principal and interest payments are current and full payment of principal and interest is expected.
	Leases
	We provide equipment financing to our customers through a variety of lease arrangements. Direct financing leases are carried at the aggregate of lease payments receivable plus estimated residual value of the leased property, less unearned income. Unearned income on direct financing leases is amortized over the lease terms by methods that approximate the interest method. Our lease portfolio has declined over the last four years and had an outstanding balance of $6.2 million and $10.5 million at December 31, 2013 and 2012, respectively.
	Allowance for Loan and Lease Losses
	The allowance for loan and lease losses (the “Allowance”) is established through provisions for loan and lease losses (the “Provision”) charged against income. Our policy is to charge a loan off in the period in which the loan is deemed to be uncollectible and all interest previously accrued but not collected is reversed against current period interest income. We consider a loan to be uncollectible when it is probable that a loss has been incurred and the Company can make a reasonable estimate of the loss. In these instances, the likelihood of and/or timeframe for recovery of the amount due is uncertain, weak, or protracted. Subsequent receipts, if any, are credited first to the remaining principal, then to the Allowance as recoveries, and finally to unaccrued interest.
	The Allowance is maintained at a level that management deems sufficient to absorb probable losses inherent in the loan portfolio. Our methodology for determining the adequacy of the Allowance takes into account many factors, including the level and trend of nonperforming and potential problem loans, net charge-off experience, current repayment by borrowers, fair value of collateral securing specific loans, changes in lending and underwriting standards and general economic factors, nationally and in the markets in which we operate. In addition, various regulatory agencies, as an integral part of their examination processes, periodically review our Allowance. Such agencies may require that we recognize additions to the Allowance based on their judgments about information available to them at the time of their examination.
	We consider current information and events regarding our borrowers’ ability to repay their obligations and treat a loan as impaired when it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement. When a loan is considered to be impaired, the amount of the impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, if the loan is considered to be collateral dependent, based on the fair value of the collateral. Impairment losses are included in the Allowance through a charge to the Provision.
	For smaller-balance homogeneous loans (primarily residential real estate and consumer loans), the Allowance is based upon management’s evaluation of the quality, character and inherent risks in the loan portfolio, current and projected economic conditions, and past loan loss experience.
	Delinquent consumer loans and residential mortgage loans are charged off or written down within 90 days, unless determined to be adequately collateralized or in imminent process of collection. Delinquent commercial loans and commercial mortgage loans are charged off or written down when management determines that collectibility is doubtful and the principal amount of the loans cannot be repaid from proceeds of collateral liquidation.
	Our process for determining the reserve for unfunded loan commitments is consistent with our process for determining the Allowance and is adjusted for estimated loan funding probabilities. The reserve for unfunded loan commitments is recorded separately through a valuation allowance included in other liabilities. Credit losses for off-balance sheet credit exposures are deducted from the allowance for credit losses on off-balance sheet credit exposures in the period in which the liability is settled. The allowance for credit losses on off-balance sheet credit losses is established by a charge to other operating expense. The reserve for unfunded loan commitments totaled $2.1 million and $5.6 million at December 31, 2013 and 2012, respectively.
	Premises and Equipment
	Premises and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation and amortization are included in other operating expense and are computed using the straight-line method over the shorter of the estimated useful lives of the assets or the applicable leases. Useful lives generally range from five to thirty-nine years for premises and improvements, and one to seven years for equipment. Major improvements and betterments are capitalized, while recurring maintenance and repairs are charged to operating expense. Net gains or losses on dispositions of premises and equipment are included in other operating expense.
	Other Intangible Assets
	Other intangible assets include a core deposit premium and mortgage servicing rights.
	Our core deposit premium is being amortized over 14 years which approximates the estimated life of the purchased deposits. The carrying value of our core deposit premium is periodically evaluated to estimate the remaining periods of benefit. If these periods of benefit are determined to be less than the remaining amortizable life, an adjustment to reflect such shorter life will be made.
	We utilize the amortization method to measure our mortgage servicing rights. Under the amortization method, we amortize our mortgage servicing rights in proportion to and over the period of net servicing income. Income generated as the result of new mortgage servicing rights is reported as gains on sales of loans. Amortization of the servicing rights is reported as amortization of other intangible assets in our consolidated statements of income. Ancillary income is recorded in other income. Mortgage servicing rights are recorded when loans are sold to third-parties with servicing of those loans retained and we classify our entire mortgage servicing rights into one class.
	Initial fair value of the servicing right is calculated by a discounted cash flow model prepared by a third party service provider based on market value assumptions at the time of origination and we assess the servicing right for impairment using current market value assumptions at each reporting period. Critical assumptions used in the discounted cash flow model include mortgage prepayment speeds, discount rates, costs to service and ancillary income. Variations in our assumptions could materially affect the estimated fair values. Changes to our assumptions are made when current trends and market data indicate that new trends have developed. Current market value assumptions based on loan product types (fixed rate, adjustable rate and balloon loans) include average discount rates and national prepayment speeds. Many of these assumptions are subjective and require a high level of management judgment. Our mortgage servicing rights portfolio and valuation assumptions are periodically reviewed by management.
	Prepayment speeds may be affected by economic factors such as home price appreciation, market interest rates, the availability of other credit products to our borrowers and customer payment patterns. Prepayment speeds include the impact of all borrower prepayments, including full payoffs, additional principal payments and the impact of loans paid off due to foreclosure liquidations.
	We perform an impairment assessment of our other intangible assets whenever events or changes in circumstance indicate that the carrying value of those assets may not be recoverable. Our impairment assessments involve, among other valuation methods, the estimation of future cash flows and other methods of determining fair value. Estimating future cash flows and determining fair values is subject to judgments and often involves the use of significant estimates and assumptions. The variability of the factors we use to perform our impairment tests depend on a number of conditions, including uncertainty about future events and cash flows. All such factors were interdependent and, therefore, do not change in isolation. Accordingly, our accounting estimates may materially change from period to period due to changing market factors.
	During the second quarter of 2012, we evaluated the recoverability of the intangible assets related to our customer relationships and non-compete agreements. Upon completion of this review, we determined that the intangible assets related to our customer relationships and non-compete agreements were both fully impaired, and thus, we recorded impairment charges to other operating expense totaling $0.9 million during the second quarter of 2012.
	Other Real Estate
	Other real estate is composed of properties acquired through foreclosure proceedings and is initially recorded at fair value less estimated costs to sell the property, thereby establishing the new cost basis of other real estate. Losses arising at the time of acquisition of such properties are charged against the Allowance. Subsequent to acquisition, such properties are carried at the lower of cost or fair value less estimated selling expenses, determined on an individual asset basis. Any deficiency resulting from the excess of cost over fair value less estimated selling expenses is recognized as a valuation allowance. Any subsequent increase in fair value up to its cost basis is recorded as a reduction of the valuation allowance. Increases or decreases in the valuation allowance are included in other operating expense. Net gains or losses recognized on the sale of these properties are included in other operating income.
	Non-Controlling Interest
	Non-controlling interest at December 31, 2013 is comprised of preferred stock issued to third parties by the Company’s subsidiary, CPB Real Estate, Inc. In the third quarter of 2013, CPB Real Estate, Inc. and Citibank Properties, Inc. repurchased $7.6 million and $2.1 million, respectively, of its preferred stock issued to third parties at a premium of $1.8 million and $0.2 million, respectively. The premiums on the repurchase of the preferred stock were recorded in other operating expense.
	Share Based Compensation
	Share-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as expense over the employee’s requisite service period. We use the Black-Scholes option-pricing model to determine the fair-value of stock-based awards and we recognize compensation expense for all share-based payment awards on a straight-line basis over their respective vesting period. See Note 15 for further discussion of our stock-based compensation.
	Income Taxes
Deferred tax assets and liabilities are recognized for the estimated future tax effects attributable to temporary differences and carryforwards. A valuation allowance may be required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining whether a valuation allowance is necessary, we consider the level of taxable income in prior years, to the extent that carrybacks are permitted under current tax laws, as well as estimates of future taxable income and tax planning strategies that could be implemented to accelerate taxable income, if necessary. If our estimates of future taxable income were materially overstated or if our assumptions regarding the tax consequences of tax planning strategies were inaccurate, some or all of our deferred tax assets may not be realized, which would result in a charge to earnings. Our continuing practice is to recognize interest and penalties related to income tax matters in interest expense and other expense, respectively.
We establish income tax contingency reserves for potential tax liabilities related to uncertain tax positions. Tax benefits are recognized when we determine that it is more likely than not that such benefits will be realized. Where uncertainty exists due to the complexity of income tax statutes, and where the potential tax amounts are significant, we generally seek independent tax opinions to support our positions. If our evaluation of the likelihood of the realization of benefits is inaccurate, we could incur additional income tax and interest expense that would adversely impact earnings, or we could receive tax benefits greater than anticipated which would positively impact earnings.
Earnings per Share
Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period, increased by the dilutive effect of stock options and stock awards, less shares held in a Rabbi trust pursuant to a deferred compensation plan for directors.
Forward Foreign Exchange Contracts
We are periodically a party to a limited amount of forward foreign exchange contracts to satisfy customer requirements for foreign currencies. These contracts are not utilized for trading purposes and are carried at market value, with realized gains and losses included in fees on foreign exchange.
Derivatives and Hedging Activities
We recognize all derivatives on the balance sheet at fair value. On the date that we enter into a derivative contract, we designate the derivative as (1) a hedge of the fair value of an identified asset or liability (“fair value hedge”), (2) a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to an identified asset or liability (“cash flow hedge”) or (3) a transaction not qualifying for hedge accounting (“free standing derivative”). For a fair value hedge, changes in the fair value of the derivative and, to the extent that it is effective, changes in the fair value of the hedged asset or liability, attributable to the hedged risk, are recorded in current period net income in the same financial statement category as the hedged item. For a cash flow hedge, changes in the fair value of the derivative, to the extent that it is effective, is recorded in other comprehensive income (loss) (“OCI”). These changes in fair value are subsequently reclassified to net income in the same period(s) that the hedged transaction affects net income in the same financial statement category as the hedged item. For free standing derivatives, changes in fair values are reported in current period other operating income.
Recent Accounting Pronouncements
In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2011-11, “Disclosures about Offsetting Assets and Liabilities.”  ASU 2011-11 expands the disclosure requirements for certain financial instruments and derivatives that are subject to enforceable master netting agreements or similar arrangements. The disclosures are required regardless of whether the instruments have been offset (or netted) in the balance sheet. Under ASU 2011-11, companies must describe the nature of offsetting arrangements and provide quantitative information about those agreements, including the gross and net amounts of financial instruments that are recognized in the balance sheet. In January 2013, the FASB issued ASU 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities,” which clarifies the scope of ASU 2011-11 by limiting the disclosures to derivatives, repurchase agreements, and securities lending transactions to the extent they are subject to an enforceable master netting or similar arrangement. The provisions of ASU 2011-11 and ASU 2013-01 were effective for the Company’s reporting period beginning on January 1, 2013, with retrospective application required. We adopted ASU 2011-11 and ASU 2013-01 effective January 1, 2013 and the adoption did not have a material impact on our consolidated financial statements.
In July 2012, the FASB issued ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment.” The provisions of ASU 2012-02 permit an entity to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform a quantitative impairment test, as is currently required by GAAP. ASU 2012-02 is effective for annual and interim impairment tests performed for the Company’s reporting period beginning on January 1, 2013. We adopted this ASU effective January 1, 2013. As the Company does not have any indefinite-lived assets, the adoption of this guidance did not have a material impact on our consolidated financial statements.
In February 2013, the FASB issued ASU 2013-02, “Amendments to Topic 220, Other Comprehensive Income.” The amendments in ASU 2013-02 supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASUs 2011-05 (issued in June 2011) and 2011-12 (issued in December 2011) for all public and private organizations. The amendments would require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. ASU 2013-02 is effective for the Company’s reporting period beginning on January 1, 2013. We adopted this ASU effective January 1, 2013. As the Company provided these required disclosures in the notes to the consolidated financial statements, the adoption of this guidance had no impact on the Company’s consolidated balance sheets and statements of income. See Note 20 for the disclosures required by ASU 2013-02.

REGULATORY_MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2013
REGULATORY MATTERS	'
REGULATORY MATTERS	'
	2.                                      REGULATORY MATTERS
	In May 2011, the regulatory Consent Order (the “Consent Order”) that the bank entered into with the Federal Deposit Insurance Corporation (“FDIC”) and the State of Hawaii Division of Financial Institutions (“DFI”) on December 9, 2009 was lifted. In place of the Consent Order, the Board of Directors of the bank entered into a Memorandum of Understanding (the “Bank MOU”) with the FDIC and DFI effective May 5, 2011. Since this time, we have worked closely with both the FDIC and DFI to satisfactorily resolve all outstanding issues contained in the Bank MOU, including but not limited to, maintaining an adequate allowance for loan and lease losses, improving our asset quality, reducing our classified assets, and ensuring that our capital levels exceeded the levels required by the Bank MOU. The bank received a letter from the FDIC and DFI dated October 26, 2012 advising the bank that the Bank MOU was lifted.
	The Company entered into a Written Agreement (the “Written Agreement”) with the Federal Reserve Bank of San Francisco (“FRBSF”) and DFI on July 2, 2010, which superseded in its entirety the Memorandum of Understanding that the Company entered into on April 1, 2009 with the FRBSF and DFI. Among other matters, the Written Agreement provided that unless we received the consent of the FRBSF and DFI, we could not: (i) pay dividends; (ii) receive dividends or payments representing a reduction in capital from Central Pacific Bank; (iii) directly or through any non-bank subsidiaries make any payments on subordinated debentures or trust preferred securities; (iv) directly or through any non-bank subsidiaries incur, increase or guarantee any debt; or (v) purchase or redeem any shares of our stock. The Written Agreement also required that our Board of Directors fully utilize the Company’s financial and managerial resources to ensure that the bank complies with any supervisory action taken by the bank’s regulators. We were also required to submit to the FRBSF an acceptable capital plan cash flow projection. On February 12, 2013, the Written Agreement was terminated.
	On October 9, 2012, the bank entered into a separate Memorandum of Understanding (the “Compliance MOU”) with the FDIC to improve the bank’s compliance management system (“CMS”). Under the Compliance MOU, we are required to, among other things, (i) improve the Board of Directors’ oversight of the bank’s CMS; (ii) ensure the establishment and implementation of the bank’s CMS is commensurate with the complexity of the bank’s operations; (iii) perform a full review of all compliance policy and procedures, then revise and adopt policy and procedures to ensure compliance with all consumer protection regulations; (iv) enhance the bank’s training program relating to consumer protection and fair lending regulations; (v) develop and implement an effective internal monitoring program to ensure compliance with all applicable laws and regulations; (vi) strengthen the compliance audit function to ensure that the compliance audits are appropriately and comprehensively scoped; (vii) develop and implement internal controls for the bank’s third-party payment processing activity; (viii) strengthen the Board of Directors and senior management’s oversight of third-party relationships and (ix) enhance the bank’s overdraft payment program. The bank believes it has already taken substantial steps to comply with the Compliance MOU. In addition to the steps taken to comply with the Compliance MOU, the bank received an “Outstanding” rating in a recently completed Community Reinvestment performance evaluation that measures how financial institutions support their communities in the areas of lending, investment and service.
	We cannot assure you whether or when the Company and the bank will be in full compliance with the Compliance MOU or whether or when the Compliance MOU will be terminated. Even if terminated, we may still become subject to other agreements with regulators which restrict our activities or may also continue to impose capital ratios or other requirements on our business. The requirements and restrictions of the Compliance MOU are judicially enforceable and the Company or the bank’s failure to comply with such requirements and restrictions may subject the Company and the bank to additional regulatory restrictions including: the imposition of additional regulatory requirements or orders; limitations on our activities; the imposition of civil monetary penalties; and further directives which affect our business, including, in the most severe circumstances, termination of the bank’s deposit insurance or appointment of a conservator or receiver for the bank.

RESERVE_REQUIREMENTS

RESERVE REQUIREMENTS	12 Months Ended
	Dec. 31, 2013
RESERVE REQUIREMENTS	'
RESERVE REQUIREMENTS	'
	3.                                      RESERVE REQUIREMENTS
	The bank is required by the FRBSF to maintain reserves based on the amount of deposits held. The amount held as a reserve by our bank at December 31, 2013 and 2012 was $48.5 million and $57.4 million, respectively.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2013
INVESTMENT SECURITIES	'
INVESTMENT SECURITIES	'
	4.                                      INVESTMENT SECURITIES
	A summary of our investment securities portfolio as of December 31, 2013 and 2012 is as follows:
				Gross			Gross			Estimated
		Amortized		unrealized			unrealized			fair
		cost		gains			losses			value
		(Dollars in thousands)
	2013
	Held to Maturity:
	Mortgage-backed securities - U.S. Government sponsored entities	$	252,047	$	—		$	(13,342	)	$	238,705
	Available for Sale:
	Debt securities:
	States and political subdivisions	$	191,158	$	305		$	(12,106	)	$	179,357
	Corporate securities	157,337		1,878			(1,120		)	158,095
	Mortgage-backed securities:
	U.S. Government sponsored entities	936,144		7,085			(15,603		)	927,626
	Non-agency collateralized mortgage obligations	147,902		81			(5,937		)	142,046
	Other	755		120			—			875
	Total	$	1,433,296	$	9,469		$	(34,766	)	$	1,407,999
	2012
	Held to Maturity:
	Mortgage-backed securities - U.S. Government sponsored entities	$	161,848	$	695		$	(15	)	$	162,528
	Available for Sale:
	Debt securities:
	U.S. Government sponsored entities	$	278,198	$	2,741		$	—		$	280,939
	States and political subdivisions	184,274		2,831			(1,194		)	185,911
	Corporate securities	125,649		2,360			(63		)	127,946
	Mortgage-backed securities - U.S. Government sponsored entities	925,018		17,548			(1,523		)	941,043
	Other	866		40			—			906
	Total	$	1,514,005	$	25,520		$	(2,780	)	$	1,536,745
	The amortized cost and estimated fair value of our investment securities at December 31, 2013 by contractual maturity are shown below. Actual maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
		December 31, 2013
		Amortized		Estimated Fair
		Cost		Value
		(Dollars in thousands)
	Held to Maturity
	Mortgage-backed securities	$	252,047	$	238,705
	Available for Sale
	Due in one year or less	$	—	$	—
	Due after one year through five years	87,349		88,819
	Due after five years through ten years	134,337		131,223
	Due after ten years	126,809		117,410
	Mortgage-backed securities	1,084,046		1,069,672
	Other	755		875
	Total	$	1,433,296	$	1,407,999
	Proceeds from sales of investment securities available for sale were $271.9 million, $130.1 million, and $138.0 million in 2013, 2012 and 2011, respectively, resulting in gross realized gains of $3.9 million, $1.7 million, and $1.4 million in 2013, 2012 and 2011, respectively, and gross realized losses of $3.4 million, $0.9 million, and $0.1 million in 2013, 2012 and 2011, respectively. The specific identification method was used as the basis for determining the cost of all securities sold.
	In the fourth quarter of 2013, we executed a bond swap where we sold $271.5 million in lower-yielding available-for-sale agency debentures and agency mortgage-backed securities and agency debentures with an average net yield of 1.87% and a weighted average life of 2.9 years and reallocated the proceeds in $242.5 million of higher-yielding agency mortgage-backed securities, non-agency commercial mortgage-backed securities and corporate bond securities with an average yield of 3.21% and a weighted average life of 7.4 years. The new securities were classified in the available-for-sale portfolio and a net gain of $0.5 million was realized on the transaction.
	In the third quarter of 2012, we completed an investment securities portfolio repositioning to reduce net interest income volatility and enhance the potential for prospective earnings and an improved net interest margin. In connection with the repositioning, we sold $124.7 million in available for sale mortgage-backed securities with an average net yield of 0.60% and a weighted average life of 1.3 years and reinvested the proceeds in $133.2 million of investment securities with an average yield of 1.88% and a weighted average life of 5.3 years. The new securities were classified in the held to maturity portfolio and a net gain of $0.7 million was realized on the transaction.
	Investment securities of $914.1 million and $905.5 million at December 31, 2013 and 2012, respectively, were pledged to secure public funds on deposit, securities sold under agreements to repurchase and other long-term and short-term borrowings.
	There were a total of 321 and 118 securities in an unrealized loss position at December 31, 2013 and 2012, respectively. Provided below is a summary of investment securities which were in an unrealized loss position at December 31, 2013 and 2012:
		Less than 12 months					12 months or longer						Total
				Unrealized						Unrealized					Unrealized
	Description of Securities	Fair Value		Losses			Fair Value			Losses			Fair Value		Losses
		(Dollars in thousands)
	At December 31, 2013:
	Debt securities:
	States and political subdivisions	$	137,176	$	(8,985	)	$	32,747		$	(3,121	)	$	169,923	$	(12,106	)
	Corporate securities	75,368		(1,120		)	—			—			75,368		(1,120		)
	Mortgage-backed securities:
	U.S. Government sponsored entities	909,585		(28,386		)	4,848			(559		)	914,433		(28,945		)
	Non-agency collateralized mortgage obligations	129,991		(5,937		)	—			—			129,991		(5,937		)
	Total temporarily impaired securities	$	1,252,120	$	(44,428	)	$	37,595		$	(3,680	)	$	1,289,715	$	(48,108	)
	At December 31, 2012:
	Debt securities:
States and political subdivisions	$	73,128	$	(1,194	)	$	—		$	—		$	73,128	$	(1,194	)
Corporate securities	23,205		(63		)	—			—			23,205		(63		)
Mortgage-backed securities:
U.S. Government sponsored entities	206,981		(1,538		)	—			—			206,981		(1,538		)
Total temporarily impaired securities	$	303,314	$	(2,795	)	$	—		$	—		$	303,314	$	(2,795	)
The unrealized losses on the Company’s investment securities were caused by market conditions. Investment securities are evaluated on a quarterly basis, and include evaluating the changes in the investment securities’ ratings issued by rating agencies and changes in the financial condition of the issuer, and for mortgage related securities, delinquency and loss information with respect to the underlying collateral, changes in levels of subordination for the Company’s particular position within the repayment structure, and remaining credit enhancement as compared to expected credit losses of the security. Substantially all of these investment securities continue to be investment grade rated by one or more major rating agencies.
Other-than-temporary impairment (“OTTI”)
Unrealized losses for all investment securities are reviewed to determine whether the losses are “other-than-temporary.” Investment securities are evaluated for OTTI on at least a quarterly basis and more frequently when economic or market conditions warrant such an evaluation to determine whether a decline in their value below amortized cost is other-than-temporary. In conducting this assessment, we evaluate a number of factors including, but not limited to:
·                  The length of time and the extent to which fair value has been less than the amortized cost basis;
·                  Adverse conditions specifically related to the security, an industry, or a geographic area;
·                  The historical and implied volatility of the fair value of the security;
·                  The payment structure of the debt security and the likelihood of the issuer being able to make payments;
·                  Failure of the issuer to make scheduled interest or principal payments;
·                  Any rating changes by a rating agency; and
·                  Recoveries or additional decline in fair value subsequent to the balance sheet date.
The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospects for a near-term recovery of value are not necessarily favorable, or that there is a general lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Once a decline in value is determined to be other-than-temporary, the value of the security is reduced and a corresponding charge to earnings is recognized for anticipated credit losses.
The declines in market value were primarily attributable to changes in interest rates and disruptions in the credit and financial markets. Because we have no intent to sell securities in an unrealized loss position and it is not more likely than not that we will be required to sell such securities before recovery of its amortized cost basis, we do not consider our investments to be other-than-temporarily impaired.

LOANS_AND_LEASES

LOANS AND LEASES	12 Months Ended
	Dec. 31, 2013
LOANS AND LEASES	'
LOANS AND LEASES	'
	5.             LOANS AND LEASES
	Loans and leases, excluding loans held for sale, consisted of the following:
		December 31,
		2013			2012
		(Dollars in thousands)
	Commercial, financial & agricultural	$	398,365		$	246,278
	Real estate:
	Construction	75,927			96,240
	Mortgage - residential	1,237,841			1,035,273
	Mortgage - commercial	601,114			673,506
	Consumer	311,670			143,387
	Leases	6,241			10,504
		2,631,158			2,205,188
	Unearned income	(557		)	(1,244		)
	Total loans and leases	$	2,630,601		$	2,203,944
	During the year ended December 31, 2013, we transferred the collateral in 12 portfolio loans with a carrying value of $4.4 million to other real estate. We did not transfer any portfolio loans to the held-for-sale category and we did not sell any portfolio loans in 2013. In 2013, we purchased auto loan portfolios for $67.7 million, which included a $2.8 million premium over the $64.9 million outstanding balance. At the time of purchase, the auto loan portfolios had a weighted average remaining term of 72 months. In 2013, we also purchased participation interests in student loans totaling $17.4 million, which represented the outstanding balance at the time of purchases. At the time of purchases, the student loans had a weighted average remaining term of 122 months.
	During the year ended December 31, 2012, we transferred three portfolio loans, two of which were non-performing, with a carrying value of $1.5 million, to the held-for-sale category. In addition, we transferred 20 portfolio loans with a carrying value of $4.8 million to other real estate. No portfolio loans were sold or purchased during the year ended December 31, 2012.
	In the normal course of business, our bank makes loans to certain directors, executive officers and their affiliates under terms that management believes are consistent with its general lending policies. An analysis of the activity of such loans follows:
		December 31,
		2013			2012
		(Dollars in thousands)
	Balance, beginning of year	$	1,501		$	4,579
	Additions	17,487			2,348
	Repayments	(6,046		)	(5,426		)
	Balance, end of year	$	12,942		$	1,501
	Impaired Loans
	The following table presents by class, the balance in the Allowance and the recorded investment in loans and leases based on the Company’s impairment method as of December 31, 2013 and 2012:
		Commercial,			Real estate
		financial &			Construction			Mortgage -			Mortgage -			Consumer			Leases			Total
		agricultural						residential			commercial
		(Dollars in thousands)
	December 31, 2013
	Allowance for loan and lease losses:
	Ending balance attributable to loans:
	Individually evaluated for impairment	$	349		$	—		$	—		$	—		$	—		$	—		$	349
	Collectively evaluated for impairment	12,847			2,774			28,441			26,778			6,576			55			77,471
		13,196			2,774			28,441			26,778			6,576			55			77,820
	Unallocated																			6,000
	Total ending balance	$	13,196		$	2,774		$	28,441		$	26,778		$	6,576		$	55		$	83,820
	Loans and leases:
	Individually evaluated for impairment	$	3,939		$	8,065		$	36,779		$	16,271		$	—		$	—		$	65,054
	Collectively evaluated for impairment	394,426			67,862			1,201,062			584,843			311,670			6,241			2,566,104
		398,365			75,927			1,237,841			601,114			311,670			6,241			2,631,158
	Unearned income	351			(311		)	1,418			(1,033		)	(982		)	—			(557		)
	Total ending balance	$	398,716		$	75,616		$	1,239,259		$	600,081		$	310,688		$	6,241		$	2,630,601
	December 31, 2012
	Allowance for loan and lease losses:
	Ending balance attributable to loans:
	Individually evaluated for impairment	$	882		$	1,582		$	272		$	270		$	—		$	5		$	3,011
	Collectively evaluated for impairment	4,105			2,928			29,638			48,230			2,421			80			87,402
		4,987			4,510			29,910			48,500			2,421			85			90,413
	Unallocated																			6,000
	Total ending balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421		$	85		$	96,413
	Loans and leases:
	Individually evaluated for impairment	$	3,957		$	48,264		$	42,865		$	15,911		$	—		$	95		$	111,092
	Collectively evaluated for impairment	242,321			47,976			992,408			657,595			143,387			10,409			2,094,096
		246,278			96,240			1,035,273			673,506			143,387			10,504			2,205,188
	Unearned income	(60		)	(46		)	124			(1,258		)	(4		)	—			(1,244		)
	Total ending balance	$	246,218		$	96,194		$	1,035,397		$	672,248		$	143,383		$	10,504		$	2,203,944
	The following table presents by class, impaired loans as of December 31, 2013 and 2012:
		Unpaid Principal			Recorded			Allowance
		Balance			Investment			Allocated
		(Dollars in thousands)
December 31, 2013
Impaired loans with no related allowance recorded:
Commercial, financial & agricultural	$	1,069		$	1,040		$	—
Real estate:
Construction	14,451			8,065			—
Mortgage - residential	41,117			36,779			—
Mortgage - commercial	22,353			16,271			—
Total impaired loans with no related allowance recorded	78,990			62,155			—
Impaired loans with an allowance recorded:
Commercial, financial & agricultural	4,367			2,899			349
Total impaired loans with an allowance recorded	4,367			2,899			349
Total	$	83,357		$	65,054		$	349
December 31, 2012
Impaired loans with no related allowance recorded:
Commercial, financial & agricultural	$	1,225		$	526		$	—
Real estate:
Construction	52,352			36,664			—
Mortgage - residential	47,364			41,894			—
Mortgage - commercial	13,616			13,211			—
Total impaired loans with no related allowance recorded	114,557			92,295			—
Impaired loans with an allowance recorded:
Commercial, financial & agricultural	4,807			3,431			882
Real estate:
Construction	13,678			11,600			1,582
Mortgage - residential	1,935			971			272
Mortgage - commercial	3,939			2,700			270
Leases	95			95			5
Total impaired loans with an allowance recorded	24,454			18,797			3,011
Total	$	139,011		$	111,092		$	3,011
The following table presents by class, the average recorded investment and interest income recognized on impaired loans as of December 31, 2013, 2012 and 2011:
	Average			Interest
	Recorded			Income
	Investment			Recognized
	(Dollars in thousands)
December 31, 2013
Commercial, financial & agricultural	$	4,138		$	24
Real estate:
Construction	24,545			1,442
Mortgage - residential	38,378			586
Mortgage - commercial	21,107			833
Leases	33			—
Total	$	88,201		$	2,885
December 31, 2012
Commercial, financial & agricultural	$	3,486		$	39
Real estate:
Construction	56,762			771
Mortgage - residential	47,240			308
Mortgage - commercial	18,852			506
Leases	133			—
Total	$	126,473		$	1,624
December 31, 2011
Commercial, financial & agricultural	$	549		$	—
Real estate:
Construction	115,612			772
Mortgage - residential	58,262			616
Mortgage - commercial	19,116			469
Total	$	193,539		$	1,857
Aging Analysis of Accruing and Non-Accruing Loans and Leases
For all loan types, the Company determines delinquency status by considering the number of days full payments required by the contractual terms of the loan are past due. The following table presents by class, the aging of the recorded investment in past due loans and leases as of December 31, 2013 and 2012:
	30 - 59 Days			60 - 89 Days			Accruing			Nonaccrual			Total			Loans and			Total
	Past Due			Past Due			Loans Greater			Loans			Past Due			Leases Not
							than 90 Days									Past Due
							Past Due
	(Dollars in thousands)
December 31, 2013
Commercial, financial & agricultural	$	50		$	—		$	—		$	3,533		$	3,583		$	395,133		$	398,716
Real estate:
Construction	—			120			—			4,015			4,135			71,481			75,616
Mortgage - residential	3,898			1,885			—			20,271			26,054			1,213,205			1,239,259
Mortgage - commercial	544			—			—			13,769			14,313			585,768			600,081
Consumer	577			92			—			—			669			310,019			310,688
Leases	—			—			15			—			15			6,226			6,241
Total	$	5,069		$	2,097		$	15		$	41,588		$	48,769		$	2,581,832		$	2,630,601
December 31, 2012
Commercial, financial & agricultural	$	123		$	139		$	—		$	3,510		$	3,772		$	242,446		$	246,218
Real estate:
Construction	124			—			—			38,742			38,866			57,328			96,194
Mortgage - residential	8,330			590			387			27,499			36,806			998,591			1,035,397
Mortgage - commercial	219			—			—			9,487			9,706			662,542			672,248
Consumer	249			169			116			—			534			142,849			143,383
Leases	—			—			—			94			94			10,410			10,504
Total	$	9,045		$	898		$	503		$	79,332		$	89,778		$	2,114,166		$	2,203,944
Interest income totaling $0.4 million, $0.7 million, and $0.8 million was recognized on nonaccrual loans, including loans held for sale, in 2013, 2012 and 2011, respectively. Additional interest income of $4.9 million, $10.1 million, and $14.2 million would have been recognized in 2013, 2012 and 2011, respectively, had these loans been accruing interest throughout those periods. Additionally, interest income of $2.5 million, $0.8 million, and $0.7 million was collected and recognized on charged-off loans in 2013, 2012 and 2011, respectively.
Modifications
TDRs included in nonperforming assets at December 31, 2013 consisted of 42 Hawaii residential mortgage loans with a combined principal balance of $12.5 million, one U.S. Mainland commercial mortgage loan with a principal balance of $9.0 million, three Hawaii construction and development loans with a combined principal balance of $1.3 million, and one Hawaii commercial loan with a principal balance of $0.5 million. Concessions made to the original contractual terms of these loans consisted primarily of the deferral of interest and/or principal payments due to deterioration in the borrowers’ financial condition. The principal balances on these TDRs had matured and/or were in default at the time of restructure and we have no commitments to lend additional funds to any of these borrowers. There were $23.3 million of TDRs still accruing interest at December 31, 2013, none of which were more than 90 days delinquent. At December 31, 2012, there were $31.8 million of TDRs still accruing interest, none of which were more than 90 days delinquent.
Some loans modified in a TDR may already be on nonaccrual status and partial charge-offs may have already been taken against the outstanding loan balance. Thus, these loans have already been identified as impaired and have already been evaluated under the Company’s Allowance methodology. As a result, some loans modified in a TDR may have the financial effect of increasing the specific allowance associated with the loan. The loans modified in a TDR did not have a material effect on our Provision and Allowance during the years ended December 31, 2013 and 2012.
The following table presents by class, information related to loans modified in a TDR during the years ended December 31, 2013 and 2012:
	Number of		Recorded			Increase in
	Contracts		Investment			the
			(as of period end)			Allowance
	(Dollars in thousands)
Year ended December 31, 2013
Commercial, financial & agricultural	1		$	517		$	—
Real estate:
Construction	1		178			—
Mortgage - residential	7		2,566			—
Mortgage - commercial	1		8,952			—
Total	10		$	12,213		$	—
Year ended December 31, 2012
Commercial, financial & agricultural	4		$	447		$	—
Real estate:
Construction	8		11,120			—
Mortgage - residential	10		3,782			427
Mortgage - commercial	6		9,124			—
Total	28		$	24,473		$	427
The following table presents by class, loans modified as a TDR within the previous twelve months that subsequently defaulted during the years ended December 31, 2013 and 2012:
	Year Ended December 31,
	2013					2012
	Number of		Recorded			Number of		Recorded
	Contracts		Investment			Contracts		Investment
			(as of period end)					(as of period end)
	(Dollars in thousands)
Commercial, financial & agricultural	1		$	517		—		$	—
Real estate:
Construction	—		—			7		5,949
Mortgage - residential	—		—			4		893
Mortgage - commercial	—		—			2		5,890
Total	1		$	517		13		$	12,732
Credit Quality Indicators
The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases as to credit risk. This analysis includes non-homogeneous loans and leases, such as commercial and commercial real estate loans. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings:
Special Mention. Loans and leases classified as special mention, while still adequately protected by the borrower’s capital adequacy and payment capability, exhibit distinct weakening trends and/or elevated levels of exposure to external conditions. If left unchecked or uncorrected, these potential weaknesses may result in deteriorated prospects of repayment. These exposures require management’s close attention so as to avoid becoming undue or unwarranted credit exposures.
Substandard. Loans and leases classified as substandard are inadequately protected by the borrower’s current financial condition and payment capability or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the orderly repayment of debt. They are characterized by the distinct possibility that the bank will sustain some loss if the deficiencies are not corrected.
Doubtful. Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or orderly repayment in full, on the basis of current existing facts, conditions and values, highly questionable and improbable. Possibility of loss is extremely high, but because of certain important and reasonably specific factors that may work to the advantage and strengthening of the exposure, its classification as an estimate loss is deferred until its more exact status may be determined.
Loss. Loans and leases classified as loss are considered to be non-collectible and of such little value that their continuance as bankable assets is not warranted. This does not mean the loan has absolutely no recovery value, but rather it is neither practical nor desirable to defer writing off the loan, even though partial recovery may be obtained in the future. Losses are taken in the period in which they surface as uncollectible.
Loans and leases not meeting the criteria above are considered to be pass rated loans and leases. The following table presents by class and credit indicator, the recorded investment in the Company’s loans and leases as of December 31, 2013 and 2012:
	Pass			Special			Substandard			Doubtful			Loss			Less:			Total
				Mention												Unearned
																Income
	(Dollars in thousands)
December 31, 2013
Commercial, financial  & agricultural	$	371,285		$	21,511		$	5,569		$	—		$	—		$	(351	)	$	398,716
Real estate:
Construction	67,435			4,477			4,015			—			—			311			75,616
Mortgage - residential	1,213,636			845			23,360			—			—			(1,418		)	1,239,259
Mortgage - commercial	551,488			20,206			29,420			—			—			1,033			600,081
Consumer	311,670			—			—			—			—			982			310,688
Leases	6,241			—			—			—			—			—			6,241
Total	$	2,521,755		$	47,039		$	62,364		$	—		$	—		$	557		$	2,630,601
December 31, 2012
Commercial, financial  & agricultural	$	232,062		$	6,609		$	7,607		$	—		$	—		$	60		$	246,218
Real estate:
Construction	42,619			9,635			43,986			—			—			46			96,194
Mortgage - residential	1,003,268			1,109			30,896			—			—			(124		)	1,035,397
Mortgage - commercial	577,638			65,114			30,754			—			—			1,258			672,248
Consumer	143,258			—			129			—			—			4			143,383
Leases	9,860			274			370			—			—			—			10,504
Total	$	2,008,705		$	82,741		$	113,742		$	—		$	—		$	1,244		$	2,203,944
In accordance with applicable Interagency Guidance issued by our primary bank regulators, we define subprime borrowers as typically having weakened credit histories that include payment delinquencies and possibly more severe problems such as charge-offs, judgments, and bankruptcies. They may also display reduced repayment capacity as measured by credit scores, debt-to-income ratios, or other criteria that may encompass borrowers with incomplete credit histories. Subprime loans are loans to borrowers displaying one or more of these characteristics at the time of origination or purchase. Such loans have a higher risk of default than loans to prime borrowers. At December 31, 2013 and 2012, we did not have any loans that we considered to be subprime.

ALLOWANCE_FOR_LOAN_AND_LEASE_L

ALLOWANCE FOR LOAN AND LEASE LOSSES	12 Months Ended
	Dec. 31, 2013
ALLOWANCE FOR LOAN AND LEASE LOSSES	'
ALLOWANCE FOR LOAN AND LEASE LOSSES	'
	6.                                      ALLOWANCE FOR LOAN AND LEASE LOSSES
	The following table presents by class, the activity in the Allowance for the periods indicated:
		Commercial,			Real estate
		financial &						Mortgage -			Mortgage -
		agricultural			Construction			residential			commercial			Consumer		Leases			Unallocated		Total
		(Dollars in thousands)
	Year Ended December 31, 2013
	Beginning balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421	$	85		$	6,000	$	96,413
	Provision (credit) for loan and lease losses	9,634			(4,974		)	(1,493		)	(19,194		)	5,093		(376		)	—		(11,310		)
		14,621			(464		)	28,417			29,306			7,514		(291		)	6,000		85,103
	Charge-offs	2,812			358			1,083			6,768			1,595		—			—		12,616
	Recoveries	1,387			3,596			1,107			4,240			657		346			—		11,333
	Net charge-offs (recoveries)	1,425			(3,238		)	(24		)	2,528			938		(346		)	—		1,283
	Ending balance	$	13,196		$	2,774		$	28,441		$	26,778		$	6,576	$	55		$	6,000	$	83,820
	Year Ended December 31, 2012
	Beginning balance	$	6,110		$	28,630		$	32,736		$	47,729		$	2,335	$	553		$	4,000	$	122,093
	Provision (credit) for loan and lease losses	1,042			(22,307		)	(2,038		)	2,316			547		(445		)	2,000		(18,885		)
		7,152			6,323			30,698			50,045			2,882		108			6,000		103,208
	Charge-offs	3,779			8,435			1,664			2,033			1,490		28			—		17,429
	Recoveries	1,614			6,622			876			488			1,029		5			—		10,634
	Net charge-offs	2,165			1,813			788			1,545			461		23			—		6,795
	Ending balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421	$	85		$	6,000	$	96,413
	Year Ended December 31, 2011
	Beginning balance	$	13,426		$	76,556		$	31,830		$	64,308		$	3,155	$	1,579		$	2,000	$	192,854
	Provision (credit) for loan and lease losses	(6,720		)	(23,073		)	3,569			(15,664		)	214		(1,016		)	2,000		(40,690		)
		6,706			53,483			35,399			48,644			3,369		563			4,000		152,164
	Charge-offs	2,401			31,371			4,347			1,298			2,116		10			—		41,543
	Recoveries	1,805			6,518			1,684			383			1,082		—			—		11,472
	Net charge-offs	596			24,853			2,663			915			1,034		10			—		30,071
	Ending balance	$	6,110		$	28,630		$	32,736		$	47,729		$	2,335	$	553		$	4,000	$	122,093
	In accordance with GAAP, loans held for sale and other real estate assets are not included in our assessment of the Allowance.
	Changes in the allowance for loan and lease losses for impaired loans (included in the above amounts) were as follows:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Balance, beginning of year	$	3,011		$	772		$	19,525
	Provision for loan and lease losses	—			2,520			333
	Other changes	(2,662		)	(281		)	(19,086		)
	Balance, end of year	$	349		$	3,011		$	772
	The amounts included in other changes above represent net charge-offs and net transfers of allocated allowances for loans and leases that were not classified as impaired for the entire year. At December 31, 2013 and 2012, all impaired loans were measured based on the fair value of the underlying collateral for collateral-dependent loans or at the loan’s observable market price.
	In determining the amount of our Allowance, we rely on an analysis of our loan portfolio, our experience and our evaluation of general economic conditions, as well as regulatory requirements and input. If our assumptions prove to be incorrect, our current Allowance may not be sufficient to cover future loan losses and we may experience significant increases to our Provision.

SECURITIZATIONS

SECURITIZATIONS	12 Months Ended
	Dec. 31, 2013
SECURITIZATIONS	'
SECURITIZATIONS	'
	7.             SECURITIZATIONS
	In prior years, we securitized certain residential mortgage loans with a U.S. Government sponsored entity and continue to service the residential mortgage loans. The servicing assets were recorded at their respective fair values which equaled par value at the time of securitization.
	All unsold mortgage-backed securities from prior securitizations were categorized as available for sale securities and were therefore recorded at their fair value of $3.8 million and $6.3 million at December 31, 2013 and 2012, respectively. The fair values of these mortgage-backed securities were based on quoted prices of similar instruments in active markets. Unrealized gains of $0.2 million and $0.4 million on unsold mortgage-backed securities were recorded in AOCI at December 31, 2013 and 2012, respectively.

PREMISES_AND_EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2013
PREMISES AND EQUIPMENT	'
PREMISES AND EQUIPMENT	'
	8.                                      PREMISES AND EQUIPMENT
	Premises and equipment consisted of the following as of December 31, 2013 and 2012:
		December 31,
		2013			2012
		(Dollars in thousands)
	Land	$	9,006		$	9,006
	Office buildings and improvements	94,888			91,512
	Furniture, fixtures and equipment	36,677			34,980
		140,571			135,498
	Accumulated depreciation and amortization	(91,532		)	(86,739		)
	Net premises and equipment	$	49,039		$	48,759
	Depreciation and amortization of premises and equipment were charged to the following operating expenses:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Net occupancy	$	3,702		$	3,723		$	3,641
	Equipment	2,305			2,628			3,083
	Total	$	6,007		$	6,351		$	6,724

OTHER_INTANGIBLE_ASSETS

OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2013
OTHER INTANGIBLE ASSETS	'
OTHER INTANGIBLE ASSETS	'
	9.                                     OTHER INTANGIBLE ASSETS
	Other intangible assets include a core deposit premium and mortgage servicing rights. The following table presents changes in other intangible assets for the periods presented:
		Core			Mortgage
		Deposit			Servicing			Customer			Non-compete
		Premium			Rights			Relationships			Agreements			Total
		(Dollars in thousands)
	Balance as of December 31, 2011	$	18,053		$	22,933		$	910		$	90		$	41,986
	Additions	—			5,692			—			—			5,692
	Amortization	(2,675		)	(6,504		)	(58		)	(25		)	(9,262		)
	Impairment charges	—			—			(852		)	(65		)	(917		)
	Balance as of December 31, 2012	$	15,378		$	22,121		$	—		$	—		$	37,499
	Additions	—			2,702			—			—			2,702
	Amortization	(2,674		)	(4,744		)	—			—			(7,418		)
	Balance as of December 31, 2013	$	12,704		$	20,079		$	—		$	—		$	32,783
	During the second quarter of 2012, we evaluated the recoverability of the intangible assets related to our customer relationships and non-compete agreements, both of which related to the 2008 asset acquisition of Pacific Islands Financial Management. Upon completion of this review, we determined that the intangible assets related to our customer relationships and non-compete agreements, both of which are associated with our Banking Operations reporting unit, were both fully impaired, and thus, we recorded impairment charges to other operating expense of $852 thousand and $65 thousand, respectively.
	The gross carrying value, accumulated amortization and net carrying value related to our other intangible assets are presented below:
		December 31, 2013									December 31, 2012
		Gross						Net			Gross						Net
		Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
		Value			Amortization			Value			Value			Amortization			Value
		(Dollars in thousands)
	Core deposit premium	$	44,642		$	(31,938	)	$	12,704		$	44,642		$	(29,264	)	$	15,378
	Mortgage servicing rights	54,441			(34,362		)	20,079			51,739			(29,618		)	22,121
	Customer relationships	—			—			—			1,400			(1,400		)	—
	Non-compete agreements	—			—			—			300			(300		)	—
	Total	$	99,083		$	(66,300	)	$	32,783		$	98,081		$	(60,582	)	$	37,499
	Based on our other intangible assets held as of December 31, 2013, estimated amortization expense for the next five succeeding fiscal years and all years thereafter are as follows:
		Estimated Amortization Expense
					Mortgage
		Core Deposit			Servicing
		Premium			Rights			Total
		(Dollars in thousands)
	2014	$	2,674		$	2,452		$	5,126
	2015	2,674			1,669			4,343
	2016	2,674			1,099			3,773
	2017	2,674			669			3,343
	2018	2,008			296			2,304
	Thereafter	—			13,894			13,894
	Total	$	12,704		$	20,079		$	32,783
	At December 31, 2013, there were no events or changes in circumstances that would indicate that the assets assigned to our Banking Operations reporting unit, which includes the entire core deposit premium, were not recoverable.
	We utilize the amortization method to measure our mortgage servicing rights. Under the amortization method, we amortize our mortgage servicing rights in proportion to and over the period of net servicing income. Income generated as the result of new mortgage servicing rights is reported as gains on sales of loans and totaled $2.7 million, $5.7 million, and $4.4 million in 2013, 2012 and 2011, respectively. Amortization of the servicing rights is reported as amortization of other intangible assets in our consolidated statements of income. Ancillary income is recorded in other income. Mortgage servicing rights are recorded when loans are sold to third-parties with servicing of those loans retained and we classify our entire mortgage servicing rights into one class.
	Initial fair value of the servicing right is calculated by a discounted cash flow model prepared by a third party service provider based on market value assumptions at the time of origination and we assess the servicing right for impairment using current market value assumptions at each reporting period. Critical assumptions used in the discounted cash flow model include mortgage prepayment speeds, discount rates, costs to service and ancillary income. Variations in our assumptions could materially affect the estimated fair values. Changes to our assumptions are made when current trends and market data indicate that new trends have developed. Current market value assumptions based on loan product types (fixed rate, adjustable rate and balloon loans) include average discount rates and national prepayment speeds. Many of these assumptions are subjective and require a high level of management judgment. Our mortgage servicing rights portfolio and valuation assumptions are periodically reviewed by management.
	Prepayment speeds may be affected by economic factors such as home price appreciation, market interest rates, the availability of other credit products to our borrowers and customer payment patterns. Prepayment speeds include the impact of all borrower prepayments, including full payoffs, additional principal payments and the impact of loans paid off due to foreclosure liquidations. As market interest rates decline, prepayment speeds will generally increase as customers refinance existing mortgages under more favorable interest rate terms. As prepayment speeds increase, anticipated cash flows will generally decline resulting in a potential reduction, or impairment, to the fair value of the capitalized mortgage servicing rights. Alternatively, an increase in market interest rates may cause a decrease in prepayment speeds and therefore an increase in fair value of mortgage servicing rights.
	The following table presents the fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights:
		Year Ended December 31,
		2013			2012
		(Dollars in thousands)
	Fair market value, beginning of period	$	22,356		$	23,149
	Fair market value, end of period	21,399			22,356
	Weighted average discount rate	8		%	8		%
	Weighted average prepayment speed assumption	13.6			14
	Fair values at December 31, 2013 and 2012 reflected approximately $2.4 billion and $2.7 billion in loans serviced for others, respectively.

DERIVATIVES

DERIVATIVES

12 Months Ended

Dec. 31, 2013

DERIVATIVES

'

DERIVATIVES

'

10.          DERIVATIVES

We utilize various designated and undesignated derivative financial instruments to reduce our exposure to movements in interest rates including interest rate swaps, interest rate lock commitments and forward sale commitments. We measure all derivatives at fair value on our consolidated balance sheet. At each reporting period, we record the derivative instruments in other assets or other liabilities depending on whether the derivatives are in an asset or liability position. For derivative instruments that are designated as hedging instruments, we record the effective portion of the changes in the fair value of the derivative in AOCI, net of tax, until earnings are affected by the variability of cash flows of the hedged transaction. We immediately recognize the portion of the gain or loss in the fair value of the derivative that represents hedge ineffectiveness in current period earnings. For derivative instruments that are not designated as hedging instruments, changes in the fair value of the derivative are included in current period earnings.

Interest Rate Lock and Forward Sale Commitments

We enter into interest rate lock commitments on certain mortgage loans that are intended to be sold. To manage interest rate risk on interest rate lock commitments, we also enter into forward loan sale commitments. The interest rate lock and forward loan sale commitments are accounted for as undesignated derivatives and are recorded at their respective fair values in other assets or other liabilities, with changes in fair value recorded in current period earnings. These instruments serve to reduce our exposure to movements in interest rates. At December 31, 2013, we were a party to interest rate lock and forward sale commitments on $37.1 million and $24.2 million of mortgage loans, respectively. At December 31, 2012, we were a party to interest rate lock and forward sale commitments on $67.1 million and $49.2 million of mortgage loans, respectively.

The following table presents the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheet:

Asset Derivatives

Liability Derivatives

Derivatives not designated as

Balance Sheet

Fair Value at

Fair Value at

Fair Value at

Fair Value at

hedging instruments

Location

December 31,

December 31,

December 31,

December 31,

2013

2012

2013

2012

(Dollars in thousands)

Interest rate contracts

Other assets / other liabilities

$

425

$

303

$

146

$

551

The following tables present the impact of derivative instruments and their location within the consolidated statements of income:

Derivatives in Cash Flow

Amount of Gain (Loss) Reclassified

Hedging Relationship

from AOCI into Earnings

(Effective Portion)

Year Ended December 31, 2013

Interest rate contracts

$

(394

)

Year Ended December 31, 2012

Interest rate contracts

434

Amounts reclassified from AOCI into income are included in interest income in the consolidated statements of income. The ineffective portion has been recognized as other operating income in the consolidated statements of income.

Derivatives not in Cash Flow

Location of Gain (Loss) Recognized

Amount of Gain (Loss) Recognized

Hedging Relationship

in Earnings on Derivatives

in Earnings on Derivatives

(Dollars in thousands)

Year Ended December 31, 2013

Interest rate contracts

Other operating income

$

336

Year Ended December 31, 2012

Interest rate contracts

Other operating income

(350

)

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2013
DEPOSITS.	'
DEPOSITS	'
	11.          DEPOSITS
	Time deposits of $100,000 or more totaled $842.9 million and $674.1 million at December 31, 2013 and 2012, respectively.
	Interest expense on certificates of deposits of $100,000 or more totaled $1.5 million, $1.8 million, and $3.2 million for the years ended December 31, 2013, 2012 and 2011, respectively.
	Maturities of time deposits of $100,000 or more as of December 31, 2013 were as follows (in thousands):
	Three months or less	$	399,818
	Over three through six months	268,780
	Over six through twelve months	113,260
	2015	34,795
	2016	12,323
	2017	7,405
	2018	4,403
	Thereafter	2,110
	Total	$	842,894
	At December 31, 2013 and 2012, overdrawn deposit accounts totaling $0.7 million and $0.8 million, respectively, have been reclassified as loans on the consolidated balance sheets.

SHORTTERM_BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Dec. 31, 2013
SHORT-TERM BORROWINGS	'
SHORT-TERM BORROWINGS	'
	12.                               SHORT-TERM BORROWINGS
	At December 31, 2013, short-term borrowings consist of short-term FHLB advances of $8.0 million and overdraft balances in due from bank accounts. At December 31, 2012, we had no short-term borrowings.
	At December 31, 2013 and 2012, our bank had additional unused borrowings available at the Federal Reserve discount window of $46.5 million and $24.9 million, respectively. As of December 31, 2013 and 2012, certain commercial real estate and commercial loans with a carrying value totaling $79.7 million and $41.7 million, respectively, were pledged as collateral on our line of credit with the Federal Reserve discount window. The Federal Reserve does not have the right to sell or repledge these loans.
	Interest expense on short-term borrowings were $6 thousand, nil, and $0.2 million in 2013, 2012 and 2011, respectively.
	A summary of our short-term borrowings as of December 31, 2013, 2012 and 2011 is as follows:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Amount outstanding at December 31	$	8,015		$	—		$	34
	Average amount outstanding during year	1,988			11			35,809
	Highest month-end balance during year	28,000			—			201,962
	Weighted average interest rate on balances outstanding at December 31	0.23		%	0		%	0		%
	Weighted average interest rate during year	0.32		%	0.7		%	0.57		%

LONGTERM_DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2013
LONG-TERM DEBT.	'
LONG-TERM DEBT	'
	13.          LONG-TERM DEBT
	Long-term debt, which is based on original maturity, consisted of the following at December 31, 2013 and 2012:
		December 31,
		2013		2012
		(Dollars in thousands)
	FHLB advances	$	14	$	32
	Subordinated debentures	92,785		108,249
		$	92,799	$	108,281
	FHLB Advances
	FHLB advances outstanding at December 31, 2013 and 2012 carried weighted average interest rates of 8.22%. The FHLB advance outstanding at December 31, 2013 was secured by unencumbered investment securities with a fair value of $50.8 million and certain real estate loans with a carrying value of $1.3 billion in accordance with the collateral provisions of the Advances, Security and Deposit Agreement with the FHLB. At December 31, 2013, our bank had additional unused FHLB advances available of approximately $934.2 million. Interest expense on FHLB advances were $2 thousand, $14 thousand, and $5.7 million in 2013, 2012 and 2011, respectively.
	At December 31, 2013, there were no putable FHLB advances outstanding.
	Subordinated Debentures
	In March 2003, we created a wholly-owned statutory trust, CPB Capital Trust I (“Trust I”). Trust I issued $15.0 million in trust preferred securities. The Trust I trust preferred securities carried an interest rate of three-month LIBOR plus 3.25%, and matured on April 7, 2033. The principal assets of Trust I were $15.5 million of the Company’s subordinated debentures with an identical interest rate and maturity as the Trust I trust preferred securities. Trust I issued $0.5 million of common securities to the Company.
	In June 2013, the Company was notified that $10.0 million of the $15.0 million in trust preferred securities of Trust I would be auctioned off as part of a larger pooled collateralized debt obligation liquidation. The Company placed a bid of $9.0 million for the securities which was accepted by the trustee and the transaction closed on June 18, 2013. Because our accepted bid of $9.0 million was less than the $10.0 million carrying value, we recognized a gain of $1.0 million related to this transaction on October 7, 2013, when these securities were called. The Company determined that its investment in Trust I did not represent a variable interest and therefore the Company was not the primary beneficiary of Trust I. As a result, consolidation of Trust I by the Company was not required. In October 2013, the Company purchased the remaining $5.0 million in trust preferred securities and these securities were also called by the Company on October 7, 2013. As of December 31, 2013, $0.5 million in common stock of Trust I is still outstanding.
	In October 2003, we created two wholly-owned statutory trusts, CPB Capital Trust II (“Trust II”) and CPB Statutory Trust III (“Trust III”). Trust II issued $20.0 million in trust preferred securities bearing an interest rate of three-month LIBOR plus 2.85% and maturing on October 7, 2033. The principal assets of Trust II are $20.6 million of the Company’s subordinated debentures with an identical interest rate and maturity as the Trust II trust preferred securities. Trust II issued $0.6 million of common securities to the Company.
	Trust III issued $20.0 million in trust preferred securities bearing an interest rate of three-month LIBOR plus 2.85% and maturing on December 17, 2033. The principal assets of Trust III are $20.6 million of the Company’s subordinated debentures with an identical interest rate and maturity as the Trust III trust preferred securities. Trust III issued $0.6 million of common securities to the Company.
	In September 2004, we created a wholly-owned statutory trust, CPB Capital Trust IV (“Trust IV”). Trust IV issued $30.0 million in trust preferred securities bearing an interest rate of three-month LIBOR plus 2.45% and maturing on December 15, 2034. The principal assets of Trust IV are $30.9 million of the Company’s subordinated debentures with an identical interest rate and maturity as the Trust IV trust preferred securities. Trust IV issued $0.9 million of common securities to the Company.
	In December 2004, we created a wholly-owned statutory trust, CPB Statutory Trust V (“Trust V”). Trust V issued $20.0 million in trust preferred securities bearing an interest rate of three-month LIBOR plus 1.87% and maturing on December 15, 2034. The principal assets of Trust V are $20.6 million of the Company’s subordinated debentures with an identical interest rate and maturity as the Trust V trust preferred securities. Trust V issued $0.6 million of common securities to the Company.
	The trust preferred securities, the subordinated debentures that are the assets of Trusts I, II, III, IV and V and the common securities issued by Trusts I, II, III, IV and V are redeemable in whole or in part on any interest payment date on or after April 7, 2008 for Trust I, on or after October 7, 2008 for Trusts II and III, and on or after December 15, 2009 for Trust IV and V, or at any time in whole but not in part within 90 days following the occurrence of certain events. Our obligations with respect to the issuance of the trust preferred securities constitute a full and unconditional guarantee by the Company of each trust’s obligations with respect to its trust preferred securities. Subject to certain exceptions and limitations, we may elect from time to time to defer interest payments on the subordinated debentures, which would result in a deferral of distribution payments on the related trust preferred securities, for up to 20 consecutive quarterly periods without default or penalty.
	On August 20, 2009, we began deferring regularly scheduled interest payments on our outstanding junior subordinated debentures relating to our trust preferred securities. The terms of the junior subordinated debentures and the trust documents allow us to defer payments of interest for up to 20 consecutive quarterly periods without default or penalty. In March 2013, the Company paid all deferred interest on its subordinated debentures and related dividend payments on its trust preferred securities and resumed quarterly payments for each outstanding trust. As a result, deferred accrued interest totaling $13.0 million was paid in full.
	At December 31, 2013, future principal payments on long-term debt based on final maturity are as follows (in thousands):
	Year ending December 31:
	2014	$	14
	2015	—
	2016	—
	2017	—
	2018	—
	Thereafter	92,785
	Total	$	92,799

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2013
EQUITY	'
EQUITY	'
	14.                               EQUITY
	As further discussed in Note 1, we completed a number of significant transactions as part of our recapitalization, including:
	·                  On February 2, 2011, we effected the Reverse Stock Split.
	·                  On February 18, 2011, we completed the Private Placement with investments from (1) affiliates of each of The Carlyle Group (“Carlyle”) and Anchorage Capital Group, L.L.C. (together with Carlyle, the “Lead Investors”) pursuant to investment agreements with each of the Lead Investors and (2) various other investors, including certain of our directors and officers, pursuant to subscription agreements with each of such investors.
	·                  Concurrently with the closing of the Private Placement, we completed the TARP Exchange whereby 135,000 shares of our TARP Preferred Stock, no par value per share and liquidation preference $1,000 per share, held by the Treasury, and accrued and unpaid dividends thereon were exchanged for 5,620,117 common shares. We also amended the warrant held by the Treasury (the “Amended TARP Warrant”) to, among other things, reduce the exercise price from $255.40 per share to $10 per share. The warrant grants the Treasury the right to purchase up to 79,288 common shares, subject to adjustment.
	·                  On May 6, 2011, we completed the Rights Offering which allowed shareholders of record as of the close of business on February 17, 2011 or their transferees to purchase newly issued common shares at $10 per share.
	The TARP Exchange resulted in a non-cash increase in net income available to common shareholders of $85.1 million as the book value of the preferred stock plus accrued and unpaid dividends was greater than the estimated fair value of the common stock issued to the Treasury of $56.2 million and the fair value of the Amended TARP Warrant at the time of the TARP Exchange. This accounting treatment had no effect on our total shareholders’ equity or our regulatory capital position.
	In addition to adjusting the exercise price of the Amended TARP Warrant, its terms were revised to include a “down-round” provision allowing for the future adjustment to the exercise price for any subsequent issuances of common stock by the Company. Subject to certain exceptions, if the Company subsequently issues common stock, or rights or shares convertible into common stock, at a per share price lower than the $10 exercise price of the warrant, the exercise price of the warrant will be reduced to the per share common stock amount received in connection with the issuance and the number of shares of common stock subject to the warrant will be increased. This provision resulted in the warrant being carried as a derivative liability as compared to a common stock equivalent for balance sheet purposes as it possesses the characteristics of a freestanding derivative financial instrument as defined by Accounting Standards Codification (“ASC”) 815-10-15-83, Accounting for Derivatives and Hedging, and similar to the example illustrated in ASC 815-40-55-33 and -34. As a derivative liability, the warrant was carried at fair value, with subsequent remeasurements recorded through the current period’s earnings. The initial value attributed to the warrant was $1.7 million, with the fair value estimated using the Black-Scholes options pricing model, with the following assumptions: 67% volatility, a risk-free rate of 3.59%, a yield of 1.45% and an estimated life of 10 years. From February 18, 2011 through December 31, 2012, this instrument’s estimated fair value decreased, which resulted in the recognition of $1.0 million recorded in other noninterest income during the year ended December 31, 2011, and a $0.1 million charge to other noninterest expense in 2012.
	In June 2013, the Treasury held a private auction to sell its warrant positions in several financial institutions which included the Company’s warrant to purchase up to 79,288 shares of our common shares at a purchase price of $10 per share. On June 6, 2013, we were notified that we were the winning bidder of the warrant at our bid of $752 thousand. The warrant was being carried as a derivative liability on our balance sheet at $819 thousand at December 31, 2012. Accordingly, we recorded a credit to other noninterest expense of $67 thousand in 2013 related to the gain on the purchase of the warrant.
	On June 22, 2011, the Treasury completed a public underwritten offering of 2,850,000 shares of our common stock it received in the TARP Exchange. On April 4, 2012, the Treasury completed another public underwritten offering of its remaining 2,770,117 shares of our common stock it received in the TARP Exchange. The Company did not receive any proceeds from either of these offerings. After the completion of these transactions and the aforementioned repurchase of our warrant, the Treasury no longer holds any outstanding shares of our common stock, or any warrants to purchase our common stock they received in connection with our participation in the TARP.
	We have generated considerable tax benefits, including net operating loss carry-forwards and federal and state tax credits. Our use of the tax benefits in the future would be significantly limited if we experience an “ownership change” for U.S. federal income tax purposes. In general, an “ownership change” will occur if there is a cumulative increase in the Company’s ownership by “5-percent shareholders” (as defined under U.S. income tax laws) that exceeds 50 percentage points over a rolling three-year period.
	On November 23, 2010, our board declared a dividend of preferred share purchase rights (“Rights”) in respect to our common stock which were issued pursuant to a Tax Benefits Preservation Plan, dated as of November 23, 2010 (the “Tax Benefits Preservation Plan”), between the Company and Wells Fargo Bank, National Association, as rights agent. Each Right represents the right to purchase, upon the terms and subject to the conditions in the Plan, 1/10,000th of a share of our Junior Participating Preferred Stock, Series C, no par value, for $6.00, subject to adjustment. The Tax Benefits Preservation Plan is designed to reduce the likelihood that the Company will experience an ownership change by discouraging any person from becoming a beneficial owner of 4.99% or more of our common stock (a “Threshold Holder”). Adoption of the Tax Benefits Preservation Plan was required by our agreements with the Lead Investors. On January 29, 2014, our Board of Directors approved an amendment to the Tax Benefits Preservation Plan to extend it for up to an additional two years.
	To further protect our tax benefits, on January 26, 2011, our Board approved an amendment to our restated articles of incorporation to restrict transfers of our stock if the effect of an attempted transfer would cause the transferee to become a Threshold Holder or to cause the beneficial ownership of a Threshold Holder to increase (the “Protective Charter Amendment”). At our annual meeting of shareholders on April 27, 2011, we proposed the amendment which shareholders approved. On January 29, 2014, our Board of Directors approved an amendment to the Protective Charter Amendment to extend it for up to an additional two years subject to approval by our shareholders. There is no guarantee, however, that the Tax Benefits Preservation Plan or the Protective Charter Amendment will prevent the Company from experiencing an ownership change.
	In 2009, our Board of Directors suspended the payment of all cash dividends on our common stock. Our ability to pay dividends with respect to common stock was restricted until our obligations under our trust preferred securities were brought current. Additionally, our ability to pay dividends depends on our ability to obtain dividends from our bank. As a Hawaii state-chartered bank, Central Pacific Bank may only pay dividends to the extent it has retained earnings as defined under Hawaii banking law (“Statutory Retained Earnings”), which differs from GAAP retained earnings. As of December 31, 2013, the bank had Statutory Retained Earnings of $240.4 million. In 2013, in light of the Company’s improved capital position and financial condition, our Board of Directors and management, in consultation with our regulators, reinstated and declared quarterly cash dividends of $0.08 per share on the Company’s outstanding common shares, payable to shareholders of record at the close of business on August 30, 2013 and November 29, 2013. These dividends were paid on September 16, 2013 and December 16, 2013, respectively. CPF had sufficient cash on hand to fund these dividends, thus the bank did not pay a dividend to CPF. In January 2014, the Company’s Board of Directors declared a third consecutive quarterly cash dividend of $0.08 per share on the Company’s outstanding common shares, payable on March 17, 2014 to shareholders of record at the close of business on February 28, 2014.
	Dividends are payable at the discretion of the Board of Directors and there can be no assurance that the Board of Directors will continue to pay dividends at the same rate, or at all, in the future. Our ability to pay cash dividends to our shareholders is subject to restrictions under federal and Hawaii law, including restrictions imposed by the FRB and covenants set forth in various agreements we are a party to, including covenants set forth in our subordinated debentures.
	In January 2008, our Board of Directors authorized the repurchase and retirement of up to 60,000 shares of the Company’s common stock (the “2008 Repurchase Plan”). Repurchases under the 2008 Repurchase Plan may be made from time to time on the open market or in privately negotiated transactions. There were no repurchases of common stock during 2013. A total of 55,000 shares remained available for repurchase under the 2008 Repurchase Plan at December 31, 2013. In January 2014, the 2008 Repurchase Plan and the remaining 55,000 shares were superseded by a tender offer and repurchase agreements with our Lead Investors. See Note 28 for details of these transactions.

SHAREBASED_COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2013
SHARE-BASED COMPENSATION.	'
SHARE-BASED COMPENSATION	'
	15.                               SHARE-BASED COMPENSATION
	In accordance with ASC 718, compensation expense is recognized only for those shares expected to vest, based on the Company’s historical experience and future expectations. The following table summarizes the effects of share-based compensation to options and awards granted under the Company’s equity incentive plans for each of the periods presented:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Salaries and employee benefits	$	6,367		$	4,432		$	2,409
	Directors stock awards	45			90			153
	Legal and professional services	—			59			55
	Income tax benefit	(2,570		)	—			—
	Net share-based compensation effect	$	3,842		$	4,581		$	2,617
	The Company’s share-based compensation arrangements are described below:
	Equity Incentive Plans
	We have adopted equity incentive plans for the purpose of granting options, restricted stock and other equity based awards for the Company’s common stock to directors, officers and other key individuals. Option awards are generally granted with an exercise price equal to the market price of the Company’s common stock at the date of grant; those option awards generally vest based on three or five years of continuous service and have 10-year contractual terms. Certain option and share awards provide for accelerated vesting if there is a change in control (as defined in the stock option plans below). We have historically issued new shares of common stock upon exercises of stock options and purchases of restricted awards.
	In February 1997, we adopted the 1997 Stock Option Plan (“1997 Plan”) basically as a continuance of the 1986 Stock Option Plan. In April 1997, our shareholders approved the 1997 Plan, which provided 2,000,000 shares of the Company’s common stock for grants to employees as qualified incentive stock options and to directors as nonqualified stock options. On January 1, 2013, the last options issued under the 1997 Plan expired.
	In September 2004, we adopted and our shareholders approved the 2004 Stock Compensation Plan (“2004 Plan”) making available 1,500,000 shares for grants to employees and directors. Upon adoption of the 2004 Plan, all unissued shares from the 1997 Plan were frozen and no new options were granted under the 1997 Plan. In May 2007, the 2004 Plan was amended to increase the number of shares available for grant by an additional 1,000,000 shares. In April 2011, the 2004 Plan was amended to increase the number of shares authorized from 1,402,589 to 4,944,831.
	In April 2013, we adopted and our shareholders approved the 2013 Stock Compensation Plan (“2013 Plan”) making available 2,200,000 shares for grants to employees and directors. Upon adoption of the 2013 Plan, all unissued shares from the 2004 Plan were frozen and no new grants will be granted under the 2004 Plan. Shares may continue to be settled under the 1997 and 2004 Plans pursuant to previously outstanding awards. To satisfy share issuances pursuant to the equity incentive plans, we issue new shares from the 2013 Plan.
	At December 31, 2013, 2012 and 2011, a total of 2,185,454, 1,604,198, and 2,539,341 shares, respectively, were available for future grants.
	The fair value of each option award is estimated on the date of grant based on the following:
	Valuation and amortization method—We estimate the fair value of stock options granted using the Black-Scholes option pricing formula and a single option award approach. We use historical data to estimate option exercise and employee termination activity within the valuation model; separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. This fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period.
	Expected life—The expected life of options represents the period of time that options granted are expected to be outstanding.
	Expected volatility—Expected volatilities are based on the historical volatility of the Company’s common stock.
	Risk-free interest rate—The risk-free interest rate for periods within the contractual life of the option is based on the Treasury yield curve in effect at the time of grant.
	Expected dividend—The expected dividend assumption is based on our current expectations about its anticipated dividend policy.
	Stock Option Activity
	The fair value of the Company’s stock options granted to employees was estimated using the following weighted-average assumptions:
		Year Ended
		December 31, 2012
	Expected volatility	77.2		%
	Risk free interest rate	1.8		%
	Expected dividends	1		%
	Expected life (in years)	8
	Weighted average fair value	$	9.65
	No stock options were granted during 2013 and 2011.
	The following is a summary of option activity for our stock option plans for the year ended December 31, 2013:
							Weighted Average		Aggregate
				Weighted			Remaining		Intrinsic
				Average			Contractual Term		Value
		Shares		Exercise Price			(in years)		(in thousands)
	Outstanding at January 1, 2013	315,369		$	62.77
	Changes during the year:
	Exercised	(5,186	)	14.31
	Expired	(7,024	)	539.38
	Forfeited	(511	)	508.11
	Outstanding at December 31, 2013	302,648		51.79			7.9		$	1,598
	Vested and expected to vest at
	December 31, 2013	302,648		51.79			7.9		1,598
	Exercisable at December 31, 2013	91,241		138.56			6.8		384
	The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying option awards and the quoted price of the Company’s common stock for the options that were in-the-money at December 31, 2013. During the year ended December 31, 2013, the aggregate intrinsic value of options exercised under our stock option plan was $22 thousand, determined as of the date of exercise. During the years ended December 31, 2012 and 2011, no stock options were exercised.
	As of December 31, 2013, the total compensation cost that was not yet recognized related to stock options granted to employees under our stock option plans was approximately $1.6 million, net of estimated forfeitures. This cost will be amortized on a straight-line basis over a weighted-average period of 3.2 years and will be adjusted for subsequent changes in estimated forfeitures. The total fair value of shares vested during the years ended December 31, 2013, 2012 and 2011 was $0.7 million, $14 thousand, and $17 thousand, respectively.
	Restricted Stock Awards and Units
	Under the 1997, 2004 and 2013 Plans, we awarded restricted stock awards and units to our non-officer directors and certain senior management personnel. The awards typically vest over a three or five year period. Compensation expense is measured as the market price of the stock awards on the grant date, and is recognized over the specified vesting periods.
	The table below presents the activity of restricted stock awards and units for the year ended December 31, 2013:
				Weighted Average
				Grant Date
		Shares		Fair Value
	Nonvested at January 1, 2013	1,098,806		$	14.61
	Changes during the year:
	Granted	142,347		15.56
	Forfeited	(103,329	)	14.68
	Vested	(301,920	)	14.65
	Nonvested at December 31, 2013	835,904		14.75
	Vested and expected to vest at December 31, 2013	835,904		14.75
	As of December 31, 2013, there was $8.4 million of total unrecognized compensation cost related to restricted stock awards and units that is expected to be recognized over a weighted-average period of 2.5 years.

PENSION_PLANS

PENSION PLANS	12 Months Ended
	Dec. 31, 2013
PENSION PLANS	'
PENSION PLANS	'
	16.                               PENSION PLANS
	Defined Benefit Retirement Plan
	The bank has a defined benefit retirement plan that covered substantially all of its employees who were employed during the period that the plan was in effect. The plan was initially curtailed in 1986, and accordingly, plan benefits were fixed as of that date. Effective January 1, 1991, the bank reactivated its defined benefit retirement plan. As a result of the reactivation, employees for whom benefits were fixed in 1986 began to accrue additional benefits under a new formula that became effective January 1, 1991. Employees who were not participants at curtailment, but who were subsequently eligible to join, became participants effective January 1, 1991. Under the reactivated plan, benefits are based upon the employees’ years of service and their highest average annual salaries in a 60-consecutive-month period of service, reduced by benefits provided from the bank’s terminated money purchase pension plan. The reactivation of the defined benefit retirement plan resulted in an increase of $5.9 million in the unrecognized prior service cost, which was amortized over a period of 13 years. Effective December 31, 2002, the bank curtailed its defined benefit retirement plan, and accordingly, plan benefits were fixed as of that date.
	The following tables set forth information pertaining to the defined benefit retirement plan:
		2013			2012
		(Dollars in thousands)
	Change in benefit obligation
	Benefit obligation at beginning of year	$	36,139		$	34,091
	Interest cost	1,370			1,585
	Actuarial (gains) losses	(2,969		)	2,923
	Benefits paid	(2,357		)	(2,460		)
	Benefit obligation at end of the year	32,183			36,139
	Change in plan assets
	Fair value of plan assets at beginning of year	23,780			22,559
	Actual return on plan assets	4,712			2,235
	Employer contributions	1,647			1,446
	Benefits paid	(2,357		)	(2,460		)
	Fair value of plan assets at end of year	27,782			23,780
	Funded status at end of year	$	(4,401	)	$	(12,359	)
	Amounts recognized in AOCI
	Net actuarial losses	$	(10,895	)	$	(19,205	)
	Benefit obligation actuarial assumptions
	Weighted average discount rate	4.7		%	4		%
		2013			2012			2011
		(Dollars in thousands)
	Components of net periodic benefit cost
	Interest cost	$	1,370		$	1,585		$	1,668
	Expected return on plan assets	(1,762		)	(1,791		)	(1,821		)
	Amortization of net actuarial losses	2,390			2,385			2,263
	Net periodic benefit cost	$	1,998		$	2,179		$	2,110
	Net periodic cost actuarial assumptions
	Weighted average discount rate	4		%	4.8		%	5.1		%
	Expected long-term rate of return on plan assets	7.5		%	8		%	8		%
	The unrecognized net actuarial losses included in AOCI expected to be recognized in net periodic benefit cost during 2014 is approximately $1.2 million.
	The long-term rate of return on plan assets reflects the weighted-average long-term rates of return for the various categories of investments held in the plan. The expected long-term rate of return is adjusted when there are fundamental changes in expected returns on the plan investments.
	The defined benefit retirement plan assets consist primarily of equity and debt securities. Our asset allocations by asset category were as follows:
		December 31,
		2013		2012
	Equity securities	59.9	%	64.7	%
	Debt securities	34.6		32.6
	Other	5.5		2.7
	Total	100	%	100	%
	Equity securities included the Company’s common stock in the amounts of $76 thousand and $59 thousand at December 31, 2013 and 2012, respectively.
	Our investment strategy for the defined benefit retirement plan is to maximize the long-term rate of return on plan assets while maintaining an acceptable level of risk. The investment policy establishes a target allocation for each asset class that is reviewed periodically and rebalanced when considered appropriate.
	The fair values of the defined benefit retirement plan as of December 31, 2013 and 2012 by asset category were as follows:
		Level 1			Level 2			Level 3			Total
		(Dollars in thousands)
	December 31, 2013
	Money market accounts	$	1,841		$	—		$	—		$	1,841
	Mutual funds	9,795			—			—			9,795
	Government obligations	—			3,450			—			3,450
	Common stocks	8,744			—			—			8,744
	Preferred stocks	255			—			—			255
	Corporate bonds and debentures	—			3,697			—			3,697
		$	20,635		$	7,147		$	—		$	27,782
	December 31, 2012
	Money market accounts	$	1,022		$	—		$	—		$	1,022
	Mutual funds	9,524			—			—			9,524
	Government obligations	—			3,317			—			3,317
	Common stocks	6,213			—			—			6,213
	Preferred stocks	279			—			—			279
	Corporate bonds and debentures	—			3,425			—			3,425
		$	17,038		$	6,742		$	—		$	23,780
We expect to contribute approximately $1.8 million to our defined benefit retirement plan in 2014.
Estimated future benefit payments are as follows (in thousands):
Year ending December 31:
2014	$	2,427
2015	2,413
2016	2,432
2017	2,411
2018	2,401
2019-2023	11,393
Total	$	23,477
Supplemental Executive Retirement Plans
In 1995, 2001, 2004 and 2006, our bank established Supplemental Executive Retirement Plans (“SERP”) that provide certain officers of the Company with supplemental retirement benefits. On December 31, 2002, the 1995 and 2001 SERP were curtailed. In conjunction with the merger with CB Bancshares, Inc. (“CBBI”), we assumed CBBI’s SERP obligation.
The following tables set forth information pertaining to the SERP:
	2013			2012
	(Dollars in thousands)
Change in benefit obligation
Benefit obligation at beginning of year	$	9,944		$	8,558
Interest cost	411			426
Actuarial (gains) losses	(1,033		)	1,175
Benefits paid	(215		)	(215		)
Benefit obligation at end of year	9,107			9,944
Change in plan assets
Fair value of plan assets at beginning of year	—			—
Employer contributions	215			215
Benefits paid	(215		)	(215		)
Fair value of plan assets at end of year	—			—
Funded status at end of year	$	(9,107	)	$	(9,944	)
Amounts recognized in AOCI
Net transition obligation	$	(164	)	$	(181	)
Prior service cost	(119		)	(137		)
Net actuarial losses	(379		)	(1,482		)
Total amounts recognized in AOCI	$	(662	)	$	(1,800	)
Benefit obligation actuarial assumptions
Weighted average discount rate	5		%	4.2		%
	2013			2012			2011
	(Dollars in thousands)
Components of net periodic benefit cost
Interest cost	$	411		$	426		$	412
Amortization of net transition obligation	17			17			17
Amortization of prior service cost	18			18			18
Amortization of net actuarial (gains) losses	71			(4		)	(17		)
Net periodic benefit cost	$	517		$	457		$	430
Net periodic cost actuarial assumptions
Weighted average discount rate	4.2		%	5		%	5		%
The estimated amortization of components included in AOCI that will be recognized into net periodic cost for 2014 is as follows (in thousands):
Amortization of net transition obligation	$	17
Amortization of prior service cost	18
Amortization of net actuarial losses	2
The SERP holds no plan assets other than employer contributions that are paid as benefits during the year. We expect to contribute $0.2 million to the SERP in 2014.
Estimated future benefit payments reflecting expected future service for the SERP are as follows (in thousands):
Year ending December 31:
2014	$	215
2015	211
2016	225
2017	415
2018	411
2019-2023	2,425
Total	$	3,902

401K_RETIREMENT_SAVINGS_PLAN

401(K) RETIREMENT SAVINGS PLAN	12 Months Ended
	Dec. 31, 2013
401(K) RETIREMENT SAVINGS PLAN	'
401(K) RETIREMENT SAVINGS PLAN	'
	17.                               401(K) RETIREMENT SAVINGS PLAN
	We maintain a 401(k) Retirement Savings Plan (“Retirement Savings Plan”) that covers substantially all employees of the Company. The Retirement Savings Plan allows employees to direct their own investments among a selection of investment alternatives and is funded by employee elective deferrals, employer matching contributions and employer profit sharing contributions.
	We match 100% of an employee’s elective deferrals, up to 4% of the employee’s pay each pay period. Our employer matching contributions to the Retirement Savings Plan totaled $1.7 million, $1.6 million, and $1.4 million in 2013, 2012 and 2011, respectively.
	We also have the option of making discretionary profit sharing contributions into the Retirement Savings Plan. Our Board of Directors has sole discretion in determining the annual profit sharing contribution, subject to limitations of the Internal Revenue Code. We did not make any profit sharing contributions in 2013, 2012 and 2011.

OPERATING_LEASES

OPERATING LEASES	12 Months Ended
	Dec. 31, 2013
OPERATING LEASES	'
OPERATING LEASES	'
	18.                               OPERATING LEASES
	We lease certain properties and equipment with lease terms expiring through 2038. In most instances, the property leases provide for the renegotiation of rental terms at fixed intervals, and generally contain renewal options for periods ranging from five to 15 years.
	Net rent expense for all operating leases for the years ended December 31, 2013, 2012 and 2011 is summarized as follows:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Rent expense charged to net occupancy	$	9,840		$	10,053		$	10,286
	Less sublease income	(52		)	(25		)	(74		)
	Net rent expense charged to net occupancy	9,788			10,028			10,212
	Rent expense charged to equipment expense	93			104			162
	Total net rent expense	$	9,881		$	10,132		$	10,374
	The following is a schedule of future minimum rental commitments for all noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2013 (in thousands):
	Year ending December 31:
	2014	$	7,847
	2015	6,626
	2016	5,901
	2017	4,943
	2018	3,621
	Thereafter	23,664
	Total	$	52,602
	In addition, the Company, as lessor, leases certain properties that it owns. The following is a schedule of future minimum rental income for those noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2013 (in thousands):
	Year ending December 31:
	2014	$	3,045
	2015	2,331
	2016	1,340
	2017	795
	2018	225
	Thereafter	50
	Total	$	7,786
	In instances where the lease calls for a renegotiation of rental payments, the lease rental payment in effect prior to renegotiation was used throughout the remaining lease term.

INCOME_AND_FRANCHISE_TAXES

INCOME AND FRANCHISE TAXES	12 Months Ended
	Dec. 31, 2013
INCOME AND FRANCHISE TAXES	'
INCOME AND FRANCHISE TAXES	'
	19.                               INCOME AND FRANCHISE TAXES
	Components of income tax benefit for the years ended December 31, 2013, 2012 and 2011 were as follows:
		Current			Deferred			Total
		(Dollars in thousands)
	Year ended December 31, 2013
	Federal	$	—		$	(81,613	)	$	(81,613	)
	State	109			(30,743		)	(30,634		)
	Total	$	109		$	(112,356	)	$	(112,247	)
	Year ended December 31, 2012
	Federal	$	—		$	—		$	—
	State	—			—			—
	Total	$	—		$	—		$	—
	Year ended December 31, 2011
	Federal	$	—		$	—		$	—
	State	—			—			—
	Total	$	—		$	—		$	—
	Income tax expense for the periods presented differed from the “expected” tax expense (computed by applying the U.S. Federal corporate tax rate of 35% to income (loss) before income taxes) for the following reasons:
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Computed “expected” tax expense (benefit)	$	20,940		$	16,598		$	12,802
	Increase (decrease) in taxes resulting from:
	Tax-exempt interest	(1,431		)	(820		)	(273		)
	Other tax-exempt income	(810		)	(976		)	(1,441		)
	Low-income housing and energy tax credits	(1,557		)	(1,607		)	(1,678		)
	State income taxes, net of Federal income tax effect, excluding impact of deferred tax valuation allowance	2,389			2,540			546
	Change in the beginning-of-the-year balance of the valuation allowance for deferred tax assets allocated to income tax expense	(132,061		)	(15,862		)	(9,870		)
	Other	283			127			(86		)
	Total	$	(112,247	)	$	—		$	—
	At December 31, 2013, current Federal income taxes receivable was $0.1 million, compared to a $9 thousand payable at December 31, 2012. Current state income taxes receivable was $1.8 million at December 31, 2013 and 2012.
	The tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows:
		December 31,
		2013			2012
		(Dollars in thousands)
	Deferred tax assets
	Allowance for loan and lease losses	$	28,926		$	33,418
	Accrued expenses	2,950			2,744
	Employee retirement benefits	8,762			15,773
	Federal and state tax credit carryforwards	37,449			35,305
	Investment write-downs and write-offs	3,051			3,051
	Interest on nonaccrual loans	1,962			4,047
	Federal and state net operating loss carryforwards	87,757			86,339
	Other	15,486			26,289
	Total deferred tax assets	$	186,343		$	206,966
	Deferred tax liabilities
	Intangible assets	$	13,117		$	14,962
	FHLB stock dividends received	11,848			12,345
	Net unrealized gain on derivatives recognized through AOCI	—			1,786
	Leases	2,755			3,599
	Deferred gain on curtailed retirement plan	3,339			3,339
	Liability on utilization of state tax credits	7,722			7,475
	Other	3,614			15,961
	Total deferred tax liabilities	$	42,395		$	59,467
	Deferred tax valuation allowance	$	6,700		$	147,499
	Net deferred tax assets	$	137,248		$	—
	The valuation allowance for deferred tax assets as of December 31, 2013 and 2012 was $6.7 million and $147.5 million, respectively. The net change in the total valuation allowance was a decrease of $140.8 million and $14.8 million in 2013 and 2012, respectively. Of the total decrease in the valuation allowance in 2013, $132.1 million was recognized as income tax benefit and $8.7 million was a benefit to AOCI, compared to $15.9 million recognized as income tax benefit and a $1.1 million charged against AOCI in 2012.
	In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the reversal of deferred tax liabilities (including the impact of available carryback and carryforward periods), projected future taxable income and tax-planning strategies in making this assessment.
	In the first quarter of 2013, the Company reversed a significant portion of the valuation allowance that was established against our net DTA during the third quarter of 2009. The valuation allowance was established during 2009 due to uncertainty at the time regarding our ability to generate sufficient future taxable income to fully realize the benefit of our net DTA. The quarter ended March 31, 2013 marked our ninth consecutive quarter of profitability. Based on this earnings performance trend, improvements in our financial condition, asset quality and capital ratios, and the expectation of continued profitability, the Company determined that it was more likely than not that a significant portion of our net DTA would be realized. The net impact of reversing the valuation allowance and recording the provision for income tax expense was a net income tax benefit of $119.8 million in the first quarter of 2013.
	At December 31, 2013, the Company had net operating loss carryforwards for Federal income tax purposes of $206.5 million, which are available to offset future Federal taxable income, if any, through 2030. At December 31, 2013, the Company had net operating loss carryforwards for Hawaii and California state income tax purposes of $189.3 million and $40.6 million, respectively, which are available to offset future state taxable income through 2030 for Hawaii and 2031 for California. In addition, we have state tax credit carryforwards of $23.8 million that do not expire, and federal tax credit carryforwards of $13.6 million, of which $11.1 million expire in 20 years, and $2.5 million do not expire.
	As further described in Note 14, to help protect the Company’s tax benefits, the Company implemented the Tax Benefits Preservation Plan on November 23, 2011 and the Protective Charter Amendment on January 26, 2011.
	At December 31, 2013, we have no unrecognized tax benefits that, if recognized would favorably affect the effective income tax rate in future periods. We do not expect our unrecognized tax benefits to change significantly over the next 12 months.
	We are subject to U.S. Federal income tax as well as income tax of multiple state jurisdictions. Taxable years through 2009 are closed.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2013
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
	20.          ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
	The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2013, 2012 and 2011, by component:
		Before Tax			Tax Effect			Net of Tax
		(Dollars in thousands)
	Year Ended December 31, 2013
	Net unrealized losses on investment securities:
	Net unrealized losses arising during the period	$	(43,687	)	$	(15,577	)	$	(28,110	)
	Less: Reclassification adjustment for gains realized in net income	(6,266		)	(2,511		)	(3,755		)
	Net unrealized losses on investment securities	(49,953		)	(18,088		)	(31,865		)
	Net unrealized gains on derivatives:
	Reclassification adjustment for losses realized in net income	394			(10,599		)	10,993
	Net unrealized gains on derivatives	394			(10,599		)	10,993
	Defined benefit plans:
	Net actuarial gains arising during the period	6,952			2,591			4,361
	Amortization of net actuarial losses	2,461			986			1,475
	Amortization of net transition obligation	17			7			10
	Amortization of prior service cost	18			7			11
	Defined benefit plans, net	9,448			3,591			5,857
	Other comprehensive loss	$	(40,111	)	$	(25,096	)	$	(15,015	)
	Year Ended December 31, 2012
	Net unrealized losses on investment securities:
	Net unrealized losses arising during the period	$	(2,653	)	$	—		$	(2,653	)
	Less: Reclassification adjustment for losses realized in net income	1,382			—			1,382
	Net unrealized losses on investment securities	(1,271		)	—			(1,271		)
	Net unrealized losses on derivatives:
	Reclassification adjustment for gains realized in net income	(434		)	—			(434		)
	Net unrealized losses on derivatives	(434		)	—			(434		)
	Defined benefit plans:
	Net actuarial losses arising during the period	(3,653		)	—			(3,653		)
	Amortization of net actuarial losses	2,381			51			2,330
	Amortization of net transition obligation	17			—			17
	Amortization of prior service cost	17			—			17
	Defined benefit plans, net	(1,238		)	51			(1,289		)
	Other comprehensive loss	$	(2,943	)	$	51		$	(2,994	)
		Before Tax			Tax Effect			Net of Tax
		(Dollars in thousands)
	Year Ended December 31, 2011
	Net unrealized gains on investment securities:
	Net unrealized gains arising during the period	$	22,190		$	—		$	22,190
	Less: Reclassification adjustment for gains realized in net income	(1,164		)	—			(1,164		)
	Net unrealized gains on investment securities	21,026			—			21,026
	Net unrealized losses on derivatives:
	Reclassification adjustment for gains realized in net income	(3,235		)	—			(3,235		)
	Net unrealized losses on derivatives	(3,235		)	—			(3,235		)
	Defined benefit plans:
	Net actuarial losses arising during the period	(3,274		)	—			(3,274		)
	Amortization of net actuarial losses	2,246			70			2,176
	Amortization of net transition obligation	18			—			18
	Amortization of prior service cost	18			—			18
	Defined benefit plans, net	(992		)	70			(1,062		)
	Other comprehensive income	$	16,799		$	70		$	16,729
	The following table presents the changes in each component of AOCI, net of tax, for the years ended December 31, 2013, 2012 and 2011:
								Defined			Accumulated Other
		Investment						Benefit			Comprehensive
		Securities			Derivatives			Plans			Income (Loss)
		(Dollars in thousands)
	Year Ended December 31, 2013
	Balance at beginning of period	$	22,740		$	(10,993	)	$	(12,577	)	$	(830	)
	Other comprehensive income (loss) before reclassifications	(28,110		)	—			4,361			(23,749		)
	Amounts reclassified from AOCI	(3,755		)	10,993			1,496			8,734
	Total other comprehensive income (loss)	(31,865		)	10,993			5,857			(15,015		)
	Balance at end of period	$	(9,125	)	$	—		$	(6,720	)	$	(15,845	)
	Year Ended December 31, 2012
Balance at beginning of period	$	24,011		$	(10,559	)	$	(11,288	)	$	2,164
Other comprehensive loss before reclassifications	(2,653		)	—			(3,653		)	(6,306		)
Amounts reclassified from AOCI	1,382			(434		)	2,364			3,312
Total other comprehensive loss	(1,271		)	(434		)	(1,289		)	(2,994		)
Balance at end of period	$	22,740		$	(10,993	)	$	(12,577	)	$	(830	)
Year Ended December 31, 2011
Balance at beginning of period	$	2,985		$	(7,324	)	$	(10,226	)	$	(14,565	)
Other comprehensive income (loss) before reclassifications	22,190			—			(3,274		)	18,916
Amounts reclassified from AOCI	(1,164		)	(3,235		)	2,212			(2,187		)
Total other comprehensive income (loss)	21,026			(3,235		)	(1,062		)	16,729
Balance at end of period	$	24,011		$	(10,559	)	$	(11,288	)	$	2,164
The following table presents the amounts reclassified out of each component of AOCI for the years ended December 31, 2013, 2012 and 2011:
										Affected Line Item in the
Details about AOCI Components										Statement Where Net
(Dollars in thousands)	Amount Reclassified from AOCI									Income is Presented
	Year ended December 31,
	2013			2012			2011
Sale of investment securities available for sale	$	6,266		$	(1,382	)	$	1,164		Investment securities gain (loss)
	(2,511		)	—			—			Tax expense
	$	3,755		$	(1,382	)	$	1,164		Net of tax
Unrealized gains (losses) on derivatives	$	(394	)	$	434		$	3,235		Interest income
	(10,599		)	—			—			Tax expense
	$	(10,993	)	$	434		$	3,235		Net of tax
Amortization of defined benefit plan items
Net actuarial losses	$	(2,461	)	$	(2,381	)	$	(2,246	)	-1
Net transition obligation	(17		)	(17		)	(18		)	-1
Prior service cost	(18		)	(17		)	(18		)	-1
	(2,496		)	(2,415		)	(2,282		)	Total before tax
	1,000			51			70			Tax benefit
	$	(1,496	)	$	(2,364	)	$	(2,212	)	Net of tax
Total reclassifications for the period	$	(8,734	)	$	(3,312	)	$	2,187		Net of tax
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2013
EARNINGS PER SHARE	'
EARNINGS PER SHARE	'
	21.          EARNINGS PER SHARE
	The table below presents the information used to compute basic and diluted earnings per share for the years ended December 31, 2013, 2012 and 2011:
		Year Ended December 31,
		2013		2012		2011
		(In thousands, except per share data)
	Net income	$	172,075	$	47,421	$	36,571
	Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock	—		—		(83,897		)
	Net income available to common shareholders	$	172,075	$	47,421	$	120,468
	Weighted average shares outstanding - basic	41,961		41,720		35,891
	Dilutive effect of employee stock options and awards	341		278		415
	Dilutive effect of deferred salary restricted stock units	1		64		16
	Dilutive effect of Treasury warrants	14		22		20
	Weighted average shares outstanding - diluted	42,317		42,084		36,342
	Basic earnings per share	$	4.1	$	1.14	$	3.36
	Diluted earnings per share	$	4.07	$	1.13	$	3.31
	A total of 24,526, 316,188, and 40,166 potentially dilutive securities have been excluded from the dilutive share calculation for the year ended December 31, 2013, 2012 and 2011, respectively, as their effect was antidilutive.

CONTINGENT_LIABILITIES_AND_OTH

CONTINGENT LIABILITIES AND OTHER COMMITMENTS	12 Months Ended
	Dec. 31, 2013
CONTINGENT LIABILITIES AND OTHER COMMITMENTS	'
CONTINGENT LIABILITIES AND OTHER COMMITMENTS	'
	22.          CONTINGENT LIABILITIES AND OTHER COMMITMENTS
	The Company and its subsidiaries are involved in legal actions arising in the ordinary course of business. Management, after consultation with legal counsel, believes the ultimate disposition of those matters will not have a material adverse effect on our consolidated financial statements.
	In the normal course of business there are outstanding contingent liabilities and other commitments such as unused letters of credit, items held for collections and unsold traveler’s checks, which are not reflected in the accompanying consolidated financial statements. Management does not anticipate any material losses as a result of these transactions.

FINANCIAL_INSTRUMENTS_WITH_OFF

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2013
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'
	23.                               FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
	We are a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of our customers. These financial instruments include commitments to extend credit, standby letters of credit and financial guarantees written, forward foreign exchange contracts, and interest rate contracts. Those instruments involve, to varying degrees, elements of credit, interest rate and foreign exchange risk in excess of the amounts recognized in the consolidated balance sheets. The contract or notional amounts of those instruments reflect the extent of involvement we have in particular classes of financial instruments.
	Our exposure to credit loss in the event of nonperformance by the counterparty to the financial instrument for commitments to extend credit and standby letters of credit and financial guarantees written is represented by the contractual amount of those instruments. For forward foreign exchange contracts and interest rate contracts, the contract amounts do not represent exposure to credit loss. We control the credit risk of these contracts through credit approvals, limits and monitoring procedures. We use the same credit policies in making commitments and conditional obligations as we do for on-balance sheet instruments.
	Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. We evaluate each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties.
	Standby letters of credit and financial guarantees written are conditional commitments issued by us to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. We hold collateral supporting those commitments for which collateral is deemed necessary.
	Interest rate options issued on residential mortgage loans expose us to interest rate risk, which is economically hedged with forward interest rate contracts. These derivatives are carried at fair value with changes in fair value recorded as a component of other operating income in the consolidated statements of income.
	Forward interest rate contracts represent commitments to purchase or sell loans at a future date at a specified price. Risks arise from the possible inability of counter-parties to meet the terms of their contracts and from movements in market rates. Management reviews and approves the creditworthiness of the counterparties to its forward interest rate contracts.
	Forward foreign exchange contracts represent commitments to purchase or sell foreign currencies at a future date at a specified price. Risks arise from the possible inability of counterparties to meet the terms of their contracts and from movements in foreign currency exchange rates. Management reviews and approves the creditworthiness of its forward foreign exchange counterparties. At December 31, 2013 and 2012, we did not have any forward foreign exchange contracts.
	At December 31, 2013 and 2012, financial instruments with off-balance sheet risk were as follows:
		December 31,
		2013		2012
		(Dollars in thousands)
	Financial instruments whose contract amounts represent credit risk:
	Commitments to extend credit	$	652,717	$	554,477
	Standby letters of credit and financial guarantees written	1,023		13,813
	Financial instruments whose contract amounts exceed the amount of credit risk:
	Interest rate options	37,093		67,072
	Forward interest rate contracts	24,244		49,222

FAIR_VALUE_OF_ASSETS_AND_LIABI

FAIR VALUE OF ASSETS AND LIABILITIES	12 Months Ended
	Dec. 31, 2013
FAIR VALUE OF ASSETS AND LIABILITIES	'
FAIR VALUE OF ASSETS AND LIABILITIES	'
	24.                               FAIR VALUE OF ASSETS AND LIABILITIES
	Disclosures about Fair Value of Financial Instruments
	Fair value estimates, methods and assumptions are set forth below for our financial instruments.
	Short-Term Financial Instruments
	The carrying values of short-term financial instruments are deemed to approximate fair values. Such instruments are considered readily convertible to cash and include cash and due from banks, interest-bearing deposits in other banks, accrued interest receivable, the majority of short-term borrowings and accrued interest payable.
	Investment Securities
	The fair value of investment securities is based on market price quotations received from securities dealers. Where quoted market prices are not available, fair values are based on quoted market prices of comparable securities.
	Loans
	Fair values of loans are estimated based on discounted cash flows of portfolios of loans with similar financial characteristics including the type of loan, interest terms and repayment history. Fair values are calculated by discounting scheduled cash flows through estimated maturities using estimated market discount rates. Estimated market discount rates are reflective of credit and interest rate risks inherent in the Company’s various loan types and are derived from available market information, as well as specific borrower information. The fair value of loans are not based on the notion of exit price.
	Loans Held for Sale
	The fair value of loans classified as held for sale are generally based upon quoted prices for similar assets in active markets, acceptance of firm offer letters with agreed upon purchase prices, discounted cash flow models that take into account market observable assumptions, or independent appraisals of the underlying collateral securing the loans. We report the fair values of Hawaii and U.S. Mainland construction and commercial real estate loans net of applicable selling costs on our consolidated balance sheets.
	Other Interest Earning Assets
	The equity investment in common stock of the FHLB, which is redeemable for cash at par value, is reported at its par value.
	Deposit Liabilities
	The fair values of deposits with no stated maturity, such as noninterest-bearing demand deposits and interest-bearing demand and savings accounts, are equal to the amount payable on demand. The fair value of time deposits is estimated using discounted cash flow analyses. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities.
	Long-Term Debt
	The fair value of our long-term debt is estimated by discounting scheduled cash flows over the contractual borrowing period at the estimated market rate for similar borrowing arrangements.
	Off-Balance Sheet Financial Instruments
	The fair values of off-balance sheet financial instruments are estimated based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties, current settlement values or quoted market prices of comparable instruments.
	For derivative financial instruments, the fair values are based upon current settlement values, if available. If there are no relevant comparables, fair values are based on pricing models using current assumptions for interest rate swaps and options.
	Limitations
	Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument. Because no market exists for a significant portion of our financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
	Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of future business and the value of assets and liabilities that are not considered financial instruments. For example, significant assets and liabilities that are not considered financial assets or liabilities include deferred tax assets, premises and equipment and intangible assets. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in many of the estimates.
								Fair Value Measurement Using
								Quoted Prices in						Significant
								Active Markets for			Significant Other			Unobservable
		Carrying			Estimated			Identical Assets			Observable Inputs			Inputs
		amount			fair value			(Level 1)			(Level 2)			(Level 3)
		(Dollars in thousands)
	December 31, 2013
	Financial assets
	Cash and due from banks	$	45,092		$	45,092		$	45,092		$	—		$	—
	Interest-bearing deposits in other banks	4,256			4,256			4,256			—			—
	Investment securities	1,660,046			1,646,704			875			1,635,311			10,518
	Loans held for sale	12,370			12,370			—			—			12,370
	Net loans and leases	2,546,781			2,430,282			—			64,705			2,365,577
	Accrued interest receivable	14,072			14,072			14,072			—			—
	Financial liabilities
	Deposits:
	Noninterest-bearing deposits	891,017			891,017			891,017			—			—
	Interest-bearing demand and savings deposits	1,935,635			1,935,635			1,935,635			—			—
	Time deposits	1,109,521			1,111,319			—			—			1,111,319
	Short-term debt	8,015			8,015			—			8,015			—
	Long-term debt	92,799			39,446			—			39,446			—
	Accrued interest payable (included in other liabilities)	1,040			1,040			1,040			—			—
	Off-balance sheet financial instruments
	Commitments to extend credit	652,717			3,264			—			3,264			—
	Standby letters of credit and financial guarantees written	1,023			8			—			8			—
	Interest rate options	37,093			70			—			70			—
	Forward interest rate contracts	24,244			210			—			210			—
	December 31, 2012
	Financial assets
	Cash and due from banks	$	56,473		$	56,473		$	56,473		$	—		$	—
	Interest-bearing deposits in other banks	120,902			120,902			120,902			—			—
	Investment securities	1,698,593			1,699,273			906			1,685,541			12,826
	Loans held for sale	38,283			38,283			—			—			38,283
	Net loans and leases	2,107,531			2,083,514			—			108,081			1,975,433
	Accrued interest receivable	13,896			13,896			13,896			—			—
	Financial liabilities
	Deposits:
	Noninterest-bearing deposits	843,292			843,292			843,292			—			—
	Interest-bearing demand and savings deposits	1,858,849			1,858,849			1,858,849			—			—
	Time deposits	978,631			981,059			—			—			981,059
Long-term debt	108,281			43,156			—			43,156			—
Accrued interest payable (included in other liabilities)	13,131			13,131			13,131			—			—
Off-balance sheet financial instruments
Commitments to extend credit	554,477			2,772			—			2,772			—
Standby letters of credit and financial guarantees written	13,813			104			—			104			—
Interest rate options	67,072			106			—			106			—
Forward interest rate contracts	49,222			(353		)	—			(353		)	—
Fair Value Measurements
We group our financial assets and liabilities at fair value into three levels based on the markets in which the financial assets and liabilities are traded and the reliability of the assumptions used to determine fair value as follows:
·                  Level 1 – Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities traded in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available.
·                  Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.
·                  Level 3 – Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect our own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models and similar techniques that requires the use of significant judgment or estimation.
We base our fair values on the price that we would expect to receive if an asset were sold or pay to transfer a liability in an orderly transaction between market participants at the measurement date. We also maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements.
We use fair value measurements to record adjustments to certain financial assets and liabilities and to determine fair value disclosures. Available for sale securities and derivatives are recorded at fair value on a recurring basis. From time to time, we may be required to record other financial assets at fair value on a nonrecurring basis such as loans held for sale, impaired loans and mortgage servicing rights. These nonrecurring fair value adjustments typically involve application of the lower of cost or fair value accounting or write-downs of individual assets.
There were no transfers of financial assets and liabilities between Level 1 and Level 2 of the fair value hierarchy during the year ended December 31, 2013.
The following table below presents the balances of assets and liabilities measured at fair value on a recurring basis:
				Fair Value at Reporting Date Using
	Fair			Quoted Prices in			Significant			Significant
				Active Markets			Other			Unobservable
				for Identical			Observable			Inputs
				Assets			Inputs
	Value			(Level 1)			(Level 2)			(Level 3)
	(Dollars in thousands)
December 31, 2013
Available for sale securities:
Debt securities:
States and political subdivisions	$	179,357		$	—		$	168,839		$	10,518
Corporate securities	158,095			—			158,095			—
Mortgage-backed securities:
U.S. Government sponsored entities	927,626			—			927,626			—
Non-agency collateralized mortgage obligations	142,046			—			142,046			—
Other	875			875			—			—
Derivatives:
Interest rate contracts	279			—			279			—
Total	$	1,408,278		$	875		$	1,396,885		$	10,518
December 31, 2012
Available for sale securities:
Debt securities:
U.S. Government sponsored entities	$	280,939		$	—		$	280,939		$	—
States and political subdivisions	185,911			—			173,085			12,826
Corporate securities	127,946			—			127,946			—
Mortgage-backed securities:
U.S. Government sponsored entities	941,043			—			941,043			—
Other	906			906			—			—
Derivatives:
Interest rate contracts	(248		)	—			(248		)	—
Amended TARP warrant	(819		)	—			(819		)	—
Total	$	1,535,678		$	906		$	1,521,946		$	12,826
The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
	Available for sale debt
	securities - States and
	political subdivisions
	(Dollars in thousands)
Balance at December 31, 2011	$	12,994
Principal payments received	(377		)
Unrealized net gain included in other comprehensive income	209
Balance at December 31, 2012	$	12,826
Principal payments received	(2,797		)
Purchases, sales, issuances and settlements, net	1,146
Unrealized net loss included in other comprehensive income	(657		)
Balance at December 31, 2013	$	10,518
Within the state and political subdivisions debt securities category, the Company holds four mortgage revenue bonds issued by the City & County of Honolulu with an aggregate fair value of $10.5 million. The Company estimates the fair value of its mortgage revenue bonds by using a discounted cash flow model to calculate the present value of estimated future principal and interest payments.
The significant unobservable input used in the fair value measurement of the Company’s mortgage revenue bonds is the weighted average discount rate. As of December 31, 2013, the weighted average discount rate utilized was 4.63%, which was derived by incorporating a credit spread over the FHLB Fixed-Rate Advance curve. Significant increases (decreases) in the weighted average discount rate could result in a significantly lower (higher) fair value measurement.
For assets measured at fair value on a nonrecurring basis that were recorded at fair value on our balance sheet, the following table provides the level of valuation assumptions used to determine the respective fair values:
				Fair Value Measurements Using
				Quoted Prices in			Significant Other			Significant			Total
				Active Markets for			Observable Inputs			Unobservable
				Identical Assets						Inputs
	Fair Value			(Level 1)			(Level 2)			(Level 3)			Losses
	(Dollars in thousands)
December 31, 2013
Impaired loans (1)	$	64,705		$	—		$	64,705		$	—		$	3,298
Other real estate (2)	5,163			—			5,163			—			362
													$	3,660
December 31, 2012
Impaired loans (1)	$	108,081		$	—		$	108,081		$	—		$	11,852
Other real estate (2)	10,686			—			10,686			—			3,529
													$	15,381
(1) Represents carrying value and related write-downs of loans for which adjustments are based on agreed upon purchase prices for the loans or the appraised value of the collateral.
(2) Represents other real estate that is carried at the lower of carrying value or fair value less costs to sell. Fair value is generally based upon independent market prices or appraised values of the collateral.

SEGMENT_INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2013
SEGMENT INFORMATION	'
SEGMENT INFORMATION	'
	25.          SEGMENT INFORMATION
	We have the following three reportable segments: Banking Operations, Treasury and All Others. The segments are consistent with our internal functional reporting lines and are managed separately because each unit has different target markets, technological requirements, marketing strategies and specialized skills.
	The Banking Operations segment includes construction and real estate development lending, commercial lending, residential mortgage lending and servicing, indirect auto lending, trust services, retail brokerage services and our retail branch offices, which provide a full range of deposit and loan products, as well as various other banking services. The Treasury segment is responsible for managing the Company’s investment securities portfolio and wholesale funding activities. The All Others segment includes activities not captured by the Banking Operations or Treasury segments described above and includes activities such as electronic banking, data processing and management of bank owned properties.
	The accounting policies of the segments are consistent with those described in Note 1. The majority of the Company’s net income is derived from net interest income. Accordingly, management focuses primarily on net interest income, rather than gross interest income and expense amounts, in evaluating segment profitability.
	Intersegment net interest income (expense) was allocated to each segment based upon a funds transfer pricing process that assigns costs of funds to assets and earnings credits to liabilities based on market interest rates that reflect interest rate sensitivity and maturity characteristics. All administrative and overhead expenses are allocated to the segments at cost. Cash, investment securities, loans and leases and their related balances are allocated to the segment responsible for acquisition and maintenance of those assets. Segment assets also include all premises and equipment used directly in segment operations.
	Segment profits (losses) and assets are provided in the following table for the periods indicated:
		Banking
		Operations			Treasury			All Others			Total
		(Dollars in thousands)
	Year ended December 31, 2013:
	Net interest income	$	101,822		$	31,287		$	—		$	133,109
	Intersegment net interest income (expense)	14,761			(27,807		)	13,046			—
	Credit (provision) for loan and lease losses	11,310			—			—			11,310
	Other operating income	49,294			4,185			1,466			54,945
	Other operating expense	(79,552		)	(3,938		)	(56,046		)	(139,536		)
	Administrative and overhead expense allocation	(55,052		)	(937		)	55,989			—
	Income taxes	117,088			218			(5,059		)	112,247
	Net income	$	159,671		$	3,008		$	9,396		$	172,075
	At December 31, 2013:
	Investment securities	$	—		$	1,660,046		$	—		$	1,660,046
	Loans and leases (including loans held for sale)	2,642,971			—			—			2,642,971
	Other	108,639			257,032			72,510			438,181
	Total assets	$	2,751,610		$	1,917,078		$	72,510		$	4,741,198
	Year ended December 31, 2012:
	Net interest income	$	92,545		$	27,166		$	—		$	119,711
	Intersegment net interest income (expense)	32,954			(22,228		)	(10,726		)	—
	Credit (provision) for loan and lease losses	18,885			—			—			18,885
	Other operating income	55,838			5,209			(304		)	60,743
	Other operating expense	(91,266		)	(1,868		)	(58,784		)	(151,918		)
	Administrative and overhead expense allocation	(57,640		)	(939		)	58,579			—
	Net income (loss)	$	51,316		$	7,340		$	(11,235	)	$	47,421
	At December 31, 2012:
	Investment securities	$	—		$	1,698,593		$	—		$	1,698,593
	Loans and leases (including loans held for sale)	2,242,227			—			—			2,242,227
	Other	(7,267		)	363,815			73,000			429,548
	Total assets	$	2,234,960		$	2,062,408		$	73,000		$	4,370,368
	Year ended December 31, 2011:
	Net interest income	$	95,182		$	22,639		$	—		$	117,821
	Intersegment net interest income (expense)	45,564			(18,609		)	(26,955		)	—
	Credit (provision) for loan and lease losses	40,690			—			—			40,690
	Other operating income	48,686			7,312			1,004			57,002
	Other operating expense	(115,910		)	(7,163		)	(55,869		)	(178,942		)
	Administrative and overhead expense allocation	(54,408		)	(627		)	55,035			—
	Net income (loss)	$	59,804		$	3,552		$	(26,785	)	$	36,571
	At December 31, 2011:
	Investment securities	$	—		$	1,493,925		$	—		$	1,493,925
	Loans and leases (including loans held for sale)	2,114,737			—			—			2,114,737
	Other	23,858			429,141			71,204			524,203
	Total assets	$	2,138,595		$	1,923,066		$	71,204		$	4,132,865

PARENT_COMPANY_AND_REGULATORY_

PARENT COMPANY AND REGULATORY RESTRICTIONS	12 Months Ended
	Dec. 31, 2013
PARENT COMPANY AND REGULATORY RESTRICTIONS	'
PARENT COMPANY AND REGULATORY RESTRICTIONS	'
	26.          PARENT COMPANY AND REGULATORY RESTRICTIONS
	At December 31, 2013, the accumulated deficit of the parent company, Central Pacific Financial Corp., included $241.1 million of equity in undistributed losses of Central Pacific Bank.
	Central Pacific Bank, as a Hawaii state-chartered bank, may only pay dividends to the extent it has retained earnings as defined under Hawaii banking law (“Statutory Retained Earnings”), which differs from GAAP retained earnings. As of December 31, 2013, the bank had Statutory Retained Earnings of $240.4 million. For further information, see Note 14.
	In December 2009, the Board of Directors of Central Pacific Bank agreed to the Consent Order with the FDIC and DFI. In May 2011, the Consent Order was lifted and replaced with the Bank MOU. On October 26, 2012, the Bank MOU was terminated, as described in Note 2.
	In July 2010, Central Pacific Financial Corp. entered into the Written Agreement with the FRBSF, as described in Note 2, which was terminated on February 12, 2013.
	Section 131 of the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”) required the Board of Governors of the Federal Reserve System, FDIC, and the Comptroller of the Currency (collectively, the “Agencies”) to develop a mechanism to take prompt corrective action to resolve the problems of insured depository institutions. The final rules to implement FDICIA’s Prompt Corrective Action provisions established minimum regulatory capital standards to determine an insured depository institution’s capital category. However, the Agencies may impose higher minimum standards on individual institutions or may downgrade an institution from one capital category to a lower capital category because of safety and soundness concerns.
	The Prompt Corrective Action provisions impose certain restrictions on institutions that are undercapitalized. The restrictions become increasingly more severe as an institution’s capital category declines from undercapitalized to critically undercapitalized.
	The following table sets forth actual and required capital and capital ratios for the Company and the bank, as well as the minimum capital adequacy requirements applicable generally to all financial institutions as of the dates indicated. The Company’s and the bank’s leverage capital, Tier 1 and total risk-based capital ratios as of December 31, 2013 were above the levels required for a “well-capitalized” regulatory designation.
							Minimum required for					Minimum required to
		Actual					capital adequacy purposes					be well-capitalized
		Amount			Ratio		Amount			Ratio		Amount		Ratio
		(Dollars in thousands)
	Company
	As of December 31, 2013:
	Leverage capital	$	632,724		13.7	%	$	184,995		4	%	$	231,244	5	%
	Tier 1 risk-based capital	632,724			20.3		124,671			4		187,007		6
	Total risk-based capital	672,317			21.6		249,343			8		311,678		10
	As of December 31, 2012:
	Leverage capital	$	609,394		14.3	%	$	170,176		4	%	$	212,720	5	%
	Tier 1 risk-based capital	609,394			22.5		108,128			4		162,192		6
	Total risk-based capital	644,044			23.8		216,256			8		270,320		10
	Central Pacific Bank
	As of December 31, 2013:
	Leverage capital	$	610,753		13.2	%	$	184,736		4	%	$	230,920	5	%
	Tier 1 risk-based capital	610,753			19.6		124,425			4		186,637		6
	Total risk-based capital	650,216			20.9		248,850			8		311,062		10
	As of December 31, 2012:
	Leverage capital	$	580,860		13.6	%	$	170,274		4	%	$	212,843	5	%
	Tier 1 risk-based capital	580,860			21.5		108,229			4		162,343		6
	Total risk-based capital	615,523			22.7		216,457			8		270,572		10
	Condensed financial statements, solely of the parent company, Central Pacific Financial Corp., follow:
	Central Pacific Financial Corp.
	Condensed Balance Sheets
		December 31,
		2013			2012
		(Dollars in thousands)
	Assets
	Cash and cash equivalents	$	19,629		$	46,686
	Investment securities available for sale	875			906
	Investment in subsidiary bank, at equity in underlying net assets	710,122			581,248
	Investment in other subsidiaries, at equity in underlying assets	554			549
	Accrued interest receivable and other assets	23,202			6,845
	Total assets	$	754,382		$	636,234
	Liabilities and Shareholders’ Equity
	Long-term debt	$	92,785		$	108,249
	Other liabilities	1,484			23,163
	Total liabilities	94,269			131,412
	Shareholders’ equity:
	Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding none at December 31, 2013 and 2012	—			—
	Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 42,112,633 and 41,867,046 shares at December 31, 2013 and 2012, respectively	784,547			784,512
	Surplus	75,498			70,567
	Accumulated deficit	(184,087		)	(349,427		)
	Accumulated other comprehensive loss	(15,845		)	(830		)
	Total shareholders’ equity	660,113			504,822
	Total liabilities and shareholders’ equity	$	754,382		$	636,234
	Central Pacific Financial Corp.
	Condensed Statements of Income
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Income:
	Interest income:
	Interest from subsidiary banks	$	30		$	48		$	109
Other income	2,001			9			1,047
Total income	2,031			57			1,156
Expense:
Interest on long-term debt	3,118			3,687			3,392
Other expenses	2,679			3,081			3,584
Total expenses	5,797			6,768			6,976
Loss before income taxes and equity in undistributed income of subsidiaries	(3,766		)	(6,711		)	(5,820		)
Income tax benefit	(31,891		)	—			—
Income (loss) before equity in undistributed income of subsidiaries	28,125			(6,711		)	(5,820		)
Equity in undistributed income of subsidiary bank	143,945			54,124			42,377
Equity in undistributed income of other subsidiaries	5			8			14
Net income	$	172,075		$	47,421		$	36,571
Central Pacific Financial Corp.
Condensed Statements of Cash Flows
	Year Ended December 31,
	2013			2012			2011
	(Dollars in thousands)
Cash flows from operating activities
Net income	$	172,075		$	47,421		$	36,571
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred income tax benefit	(19,440		)	—			—
Equity in income of subsidiary bank	(143,945		)	(54,124		)	(42,377		)
Equity in undistributed income of other subsidiaries	(5		)	(8		)	(14		)
Share-based compensation	4,931			90			153
Other, net	(18,548		)	7,681			4,755
Net cash provided by (used in) operating activities	(4,932		)	1,060			(912		)
Cash flows from investing activities
Investment in subsidiary bank	—			—			(283,000		)
Distribution from unconsolidated subsidiaries	9,000			—			—
Contributions to unconsolidated subsidiaries	(9,000		)	—			—
Net cash used in investing activities	—			—			(283,000		)
Cash flows from financing activities
Net proceeds from issuance of common stock and stock option exercises	74			—			323,538
Repayments of long-term debt	(15,464		)	—			—
Dividends paid	(6,735		)	—			—
Net cash provided by (used in) financing activities	(22,125		)	—			323,538
Net increase (decrease) in cash and cash equivalents	(27,057		)	1,060			39,626
Cash and cash equivalents
At beginning of year	46,686			45,626			6,000
At end of year	$	19,629		$	46,686		$	45,626

UNAUDITED_QUARTERLY_FINANCIAL_

UNAUDITED QUARTERLY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2013
UNAUDITED QUARTERLY FINANCIAL INFORMATION	'
UNAUDITED QUARTERLY FINANCIAL INFORMATION	'
	27.                               UNAUDITED QUARTERLY FINANCIAL INFORMATION
		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter			Full Year
		(Dollars in thousands, except per share data)
	2013:00:00
	Total interest income	$	32,595		$	34,992		$	35,558		$	37,133		$	140,278
	Total interest expense	1,926			1,819			1,787			1,637			7,169
	Net interest income	30,669			33,173			33,771			35,496			133,109
	Provision (credit) for loan and lease losses	(6,561		)	(227		)	(3,189		)	(1,333		)	(11,310		)
	Net interest income after provision for loan and lease losses	37,230			33,400			36,960			36,829			144,419
	Investment securities gains	—			—			—			482			482
	Income before income taxes	17,507			16,212			12,378			13,731			59,828
	Net income	137,309			14,267			10,204			10,295			172,075
	Basic earnings per share	3.28			0.34			0.24			0.24			4.1
	Diluted earnings per share	3.25			0.34			0.24			0.24			4.07
	2012:00:00
	Total interest income	$	32,903		$	32,479		$	31,674		$	31,389		$	128,445
	Total interest expense	2,401			2,220			2,114			1,999			8,734
	Net interest income	30,502			30,259			29,560			29,390			119,711
	Provision (credit) for loan and lease losses	(4,990		)	(6,630		)	(4,982		)	(2,283		)	(18,885		)
	Net interest income after provision for loan and lease losses	35,492			36,889			34,542			31,673			138,596
	Investment securities gains	—			—			789			—			789
	Income before income taxes	13,478			10,812			10,721			12,410			47,421
	Net income	13,478			10,812			10,721			12,410			47,421
	Basic earnings per share	0.32			0.26			0.26			0.3			1.14
	Diluted earnings per share	0.32			0.26			0.26			0.29			1.13

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2013
SUBSEQUENT EVENTS	'
SUBSEQUENT EVENTS	'
	28.                               SUBSEQUENT EVENTS
	On February 21, 2014, we announced a tender offer to purchase for cash up to $68.8 million in value of shares of our common stock at a price not greater than $21.00 nor less than $18.50 per share (the “Tender Offer”.)
	Upon the terms and subject to the conditions of the Tender Offer, promptly after the expiration date of the Tender Offer, we will determine a single price per share (the “Purchase Price”), which will be not greater than $21.00 nor less than $18.50 per share, that we will pay, subject to “odd lot” priority, proration and conditional tender provisions described in the tender and not properly withdrawn, and accepted for payment, taking into account the number of shares tendered pursuant to the Tender Offer and the prices specified by the tendering shareholders. The Purchase Price will be the lowest price per share (in increments of $0.10) of not greater than $21.00 nor less than $18.50 per share, at which shares have been properly tendered in the Tender Offer and not properly withdrawn, that will enable us to purchase the maximum number of shares properly tendered in the Tender Offer and not properly withdrawn having an aggregate purchase price not exceeding $68.8 million. All shares purchased in the Tender Offer will be purchased at the same Purchase Price regardless of whether the shareholder tendered at a lower price. However, because of the “odd lot” priority, proration and conditional tender provisions described in the Tender Offer materials, all of the shares tendered at or below the Purchase Price may not be purchased if shares having an aggregate value in excess of $68.8 million are properly tendered and not properly withdrawn. As of February 14, 2014, there were 42,108,496 shares of our common stock issued and outstanding. The maximum of 3,718,918 shares that we are offering to purchase pursuant to the Tender Offer represents approximately 8.8% of the total number of shares issued and outstanding as of February 14, 2014. Assuming the Tender Offer is fully subscribed, the minimum of 3,276,190 shares that we are offering to purchase pursuant to the Tender Offer represents approximately 7.8% of the total number of shares issued and outstanding as of February 14, 2014.
	On February 20, 2014, we also entered into repurchase agreements (the “Repurchase Agreements”) with each of Carlyle Financial Services Harbor, L.P. (“Carlyle”) and ACMO-CPF, L.L.C. (“Anchorage” and together with Carlyle, the “Lead Investors”), each of whom is the owner of 9,463,095 shares (representing 22.5% of the outstanding shares or 44.9% in the aggregate) of our common stock, pursuant to which we have agreed to purchase up to $28.1 million of shares of common stock from each of the Lead Investors at the Purchase Price (the “Share Repurchases”) (or an aggregate of $56.2 million of shares.) The Share Repurchases are scheduled to close on the eleventh business day following the expiration of the Tender Offer. The aggregate value of shares to be repurchased under the Repurchase Agreements will be proportionately reduced in the event that the Company purchases less than the maximum number of shares that it is able to purchase at the Purchase Price pursuant to the terms of the Tender Offer. In addition, each Lead Investor may tender in the Tender Offer, although neither Lead Investor has indicated to what extent such Lead Investor intends to do so. The Share Repurchases contemplated by the Repurchase Agreements are conditioned upon, among other matters, the Company purchasing shares in the Tender Offer in accordance with this its terms.
	If the Tender Offer is fully subscribed, the completion of the Tender Offer and the Share Repurchases will result in the repurchase by us of $125 million of shares in the aggregate. If the Tender Offer is fully subscribed at a Purchase Price of $21.00, the maximum Purchase Price pursuant to the Tender Offer, the completion of the Tender Offer and the Share Repurchases will result in the repurchase by us 5,952,380 shares of common stock, which would represent approximately 14.1% of our issued and outstanding shares. If the Tender Offer is fully subscribed at a Purchase Price of $18.50, the minimum Purchase Price pursuant to the Tender Offer, the completion of the Tender Offer and the Share Repurchases will result in the repurchase by the Company of 6,756,755 shares in the aggregate, which would represent approximately 16.0% of our issued and outstanding shares.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
Consolidation	'
	Consolidation
	The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The bank acquired Hawaii HomeLoans (“HHL”), which is now known as Central Pacific HomeLoans (“CPHL”), on August 17, 2005. Our former subsidiary CPHL was merged into the bank in February 2012. The results of operations of CPHL are included in the consolidated financial statements from the acquisition date.
	On July 1, 2008, we acquired the assets of Pacific Islands Financial Management LLC (“PIFM”). The assets of PIFM were included in the consolidated financial statements from the acquisition date, however, in 2012, we determined that the intangible assets of PIFM were fully impaired, and accordingly, impairment charges were recorded.
	Central Pacific Bank has two wholly-owned subsidiaries: CPB Real Estate, Inc. and Citibank Properties, Inc. Both are real estate investment trusts that are in the process of dissolution. Central Pacific Bank had another wholly-owned subsidiary, CB Technology, Inc. that was dissolved in February 2013.
	We have a 50% ownership interest in the following mortgage brokerage companies: Pacific Access Mortgage, LLC, Gentry HomeLoans, LLC, Haseko HomeLoans, LLC and Island Pacific HomeLoans, LLC. These investments are accounted for using the equity method and are included in investment in unconsolidated subsidiaries. We also have non-controlling equity investments in affiliates that are accounted for under the cost method and are included in investment in unconsolidated subsidiaries.
	Our investments in unconsolidated subsidiaries accounted for under the equity and cost methods were $0.6 million and $8.5 million, respectively, at December 31, 2013 and $0.7 million and $10.2 million, respectively, at December 31, 2012. Our policy for determining impairment of these investments includes an evaluation of whether a loss in value of an investment is other than temporary. Evidence of a loss in value includes absence of an ability to recover the carrying amount of the investment or the inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. We perform impairment tests whenever indicators of impairment are present. If the value of an investment declines and it is considered other than temporary, the investment is written down to its respective fair value in the period in which this determination is made.
	The Company sponsors the Central Pacific Bank Foundation which is not consolidated in the Company’s financial statements.
Use of Estimates	'
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with generally accepted accounting principles in the United States (“GAAP”) requires management to make estimates and assumptions that reflect the reported amounts of assets and liabilities and disclosures of contingent assets and contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance and provision for loan and lease losses, reserves for unfunded loan commitments, residential mortgage repurchase reserves and deferred income tax assets and income tax expense, as well as the valuation of investment securities, other intangible assets and the related amortization thereon, pension liability and the fair value of certain financial instruments.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	For purposes of the consolidated statements of cash flows, we consider cash and cash equivalents to include cash and due from banks, interest-bearing deposits in other banks, federal funds sold and all highly liquid investments with maturities of three months or less at the time of purchase.
Investment Securities	'
	Investment Securities
	Investments in debt securities and marketable equity securities are designated as trading, available for sale, or held to maturity. Securities are designated as held to maturity only if we have the positive intent and ability to hold these securities to maturity. Held to maturity debt securities are reported at amortized cost. Trading securities are reported at fair value, with changes in fair value included in earnings. Available-for-sale securities are reported at fair value with net unrealized gains and losses, net of taxes, included in accumulated other comprehensive income (loss) (“AOCI”).
	We use current quotations, where available, to estimate the fair value of investment securities. Where current quotations are not available, we estimate fair value based on the present value of expected future cash flows. We consider the facts of each security including the nature of the security, the amount and duration of the loss, credit quality of the issuer, the expectations for that security’s performance and our intent and ability to hold the security until recovery. Declines in the value of debt securities and marketable equity securities that are considered other than temporary are recorded in other operating income. Realized gains and losses on the sale of investment securities are recorded in other operating income using the specific identification method.
	We amortize premiums and accrete discounts associated with investment securities using the interest method over the life of the respective security instrument.
	As a member of the Federal Home Loan Bank of Seattle (“FHLB”), the bank is required to obtain and hold a specific number of shares of capital stock of the FHLB based on the amount of outstanding FHLB advances. The securities are reported at cost and are presented separately in the consolidated balance sheets.
Loans Held for Sale	'
	Loans Held for Sale
	Loans held for sale consists of the following two types: (1) Hawaii residential mortgage loans that are originated with the intent to sell them in the secondary market and (2) non-residential mortgage loans in both Hawaii and the U.S. Mainland that were originated with the intent to be held in our portfolio but were subsequently transferred to the held for sale category. Hawaii residential mortgage loans classified as held for sale are carried at the lower of cost or fair value on an aggregate basis, while the non-residential Hawaii and U.S. Mainland loans are recorded at the lower of cost or fair value on an individual basis. Net fees and costs associated with originating and acquiring the Hawaii residential mortgage loans held for sale are deferred and included in the basis for determining the gain or loss on sales of loans held for sale. We report the fair values of the non-residential mortgage loans classified as held for sale net of applicable selling costs on our consolidated balance sheets.
	Loans originated with the intent to be held in our portfolio are subsequently transferred to held for sale when our intent to hold for the foreseeable future has changed. At the time of a loan’s transfer to the held for sale account, the loan is recorded at the lower of cost or fair value. Any reduction in the loan’s value is reflected as a write-down of the recorded investment resulting in a new cost basis, with a corresponding reduction in the allowance for loan and lease losses.
	In subsequent periods, if the fair value of a loan classified as held for sale is less than its cost basis, a valuation adjustment is recognized in our consolidated statement of income in other operating expense and the carrying value of the loan is adjusted accordingly. The valuation adjustment may be recovered in the event that the fair value increases, which is also recognized in our consolidated statement of income in other operating expense.
	The fair value of loans classified as held for sale are generally based upon quoted prices for similar assets in active markets, acceptance of firm offer letters with agreed upon purchase prices, discounted cash flow models that take into account market observable assumptions, or independent appraisals of the underlying collateral securing the loans. Collateral values are determined based on appraisals received from qualified valuation professionals and are obtained periodically or when indicators that property values may be impaired are present.
	We sell residential mortgage loans under industry standard contractual provisions that include various representations and warranties, which typically cover ownership of the loan, compliance with loan criteria set forth in the applicable agreement, validity of the lien securing the loan, and other similar matters. We may be required to repurchase certain loans sold with identified defects, indemnify the investor, or reimburse the investor for any credit losses incurred. Our repurchase risk generally relates to early payment defaults and borrower fraud. We establish residential mortgage repurchase reserves to reflect this risk based on our estimate of losses after considering a combination of factors, including our estimate of future repurchase activity and our projection of expected credit losses resulting from repurchased loans. At December 31, 2013 and 2012, this reserve totaled $2.9 million and $3.6 million, respectively, and is included in other liabilities on our consolidated balance sheets.
Loans	'
	Loans
	Loans are stated at the principal amount outstanding, net of unearned income. Unearned income represents net deferred loan fees that are recognized over the life of the related loan as an adjustment to yield. Net deferred loan fees are amortized using the interest method over the contractual term of the loan, adjusted for actual prepayments. Unamortized fees on loans paid in full are recognized as a component of interest income.
	Interest income on loans is recognized on an accrual basis. For all loan types, the Company determines delinquency status by considering the number of days full payments required by the contractual terms of the loan are past due. Loans are placed on nonaccrual status when interest payments are 90 days past due, or earlier should management determine that the borrowers will be unable to meet contractual principal and/or interest obligations, unless the loans are well-secured and in the process of collection. When a loan is placed on nonaccrual status, all interest previously accrued but not collected is reversed against current period interest income should management determine that the collectibility of such accrued interest is doubtful. All subsequent receipts are applied to principal outstanding and no interest income is recognized unless the financial condition and payment record of the borrowers warrant such recognition. A nonaccrual loan may be restored to an accrual basis when principal and interest payments are current and full payment of principal and interest is expected.
Leases	'
	Leases
	We provide equipment financing to our customers through a variety of lease arrangements. Direct financing leases are carried at the aggregate of lease payments receivable plus estimated residual value of the leased property, less unearned income. Unearned income on direct financing leases is amortized over the lease terms by methods that approximate the interest method. Our lease portfolio has declined over the last four years and had an outstanding balance of $6.2 million and $10.5 million at December 31, 2013 and 2012, respectively.
Allowance for Loan and Lease Losses	'
	Allowance for Loan and Lease Losses
	The allowance for loan and lease losses (the “Allowance”) is established through provisions for loan and lease losses (the “Provision”) charged against income. Our policy is to charge a loan off in the period in which the loan is deemed to be uncollectible and all interest previously accrued but not collected is reversed against current period interest income. We consider a loan to be uncollectible when it is probable that a loss has been incurred and the Company can make a reasonable estimate of the loss. In these instances, the likelihood of and/or timeframe for recovery of the amount due is uncertain, weak, or protracted. Subsequent receipts, if any, are credited first to the remaining principal, then to the Allowance as recoveries, and finally to unaccrued interest.
	The Allowance is maintained at a level that management deems sufficient to absorb probable losses inherent in the loan portfolio. Our methodology for determining the adequacy of the Allowance takes into account many factors, including the level and trend of nonperforming and potential problem loans, net charge-off experience, current repayment by borrowers, fair value of collateral securing specific loans, changes in lending and underwriting standards and general economic factors, nationally and in the markets in which we operate. In addition, various regulatory agencies, as an integral part of their examination processes, periodically review our Allowance. Such agencies may require that we recognize additions to the Allowance based on their judgments about information available to them at the time of their examination.
	We consider current information and events regarding our borrowers’ ability to repay their obligations and treat a loan as impaired when it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement. When a loan is considered to be impaired, the amount of the impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, if the loan is considered to be collateral dependent, based on the fair value of the collateral. Impairment losses are included in the Allowance through a charge to the Provision.
	For smaller-balance homogeneous loans (primarily residential real estate and consumer loans), the Allowance is based upon management’s evaluation of the quality, character and inherent risks in the loan portfolio, current and projected economic conditions, and past loan loss experience.
	Delinquent consumer loans and residential mortgage loans are charged off or written down within 90 days, unless determined to be adequately collateralized or in imminent process of collection. Delinquent commercial loans and commercial mortgage loans are charged off or written down when management determines that collectibility is doubtful and the principal amount of the loans cannot be repaid from proceeds of collateral liquidation.
	Our process for determining the reserve for unfunded loan commitments is consistent with our process for determining the Allowance and is adjusted for estimated loan funding probabilities. The reserve for unfunded loan commitments is recorded separately through a valuation allowance included in other liabilities. Credit losses for off-balance sheet credit exposures are deducted from the allowance for credit losses on off-balance sheet credit exposures in the period in which the liability is settled. The allowance for credit losses on off-balance sheet credit losses is established by a charge to other operating expense. The reserve for unfunded loan commitments totaled $2.1 million and $5.6 million at December 31, 2013 and 2012, respectively.
Premises and Equipment	'
	Premises and Equipment
	Premises and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation and amortization are included in other operating expense and are computed using the straight-line method over the shorter of the estimated useful lives of the assets or the applicable leases. Useful lives generally range from five to thirty-nine years for premises and improvements, and one to seven years for equipment. Major improvements and betterments are capitalized, while recurring maintenance and repairs are charged to operating expense. Net gains or losses on dispositions of premises and equipment are included in other operating expense.
Other Intangible Assets	'
	Other Intangible Assets
	Other intangible assets include a core deposit premium and mortgage servicing rights.
	Our core deposit premium is being amortized over 14 years which approximates the estimated life of the purchased deposits. The carrying value of our core deposit premium is periodically evaluated to estimate the remaining periods of benefit. If these periods of benefit are determined to be less than the remaining amortizable life, an adjustment to reflect such shorter life will be made.
	We utilize the amortization method to measure our mortgage servicing rights. Under the amortization method, we amortize our mortgage servicing rights in proportion to and over the period of net servicing income. Income generated as the result of new mortgage servicing rights is reported as gains on sales of loans. Amortization of the servicing rights is reported as amortization of other intangible assets in our consolidated statements of income. Ancillary income is recorded in other income. Mortgage servicing rights are recorded when loans are sold to third-parties with servicing of those loans retained and we classify our entire mortgage servicing rights into one class.
	Initial fair value of the servicing right is calculated by a discounted cash flow model prepared by a third party service provider based on market value assumptions at the time of origination and we assess the servicing right for impairment using current market value assumptions at each reporting period. Critical assumptions used in the discounted cash flow model include mortgage prepayment speeds, discount rates, costs to service and ancillary income. Variations in our assumptions could materially affect the estimated fair values. Changes to our assumptions are made when current trends and market data indicate that new trends have developed. Current market value assumptions based on loan product types (fixed rate, adjustable rate and balloon loans) include average discount rates and national prepayment speeds. Many of these assumptions are subjective and require a high level of management judgment. Our mortgage servicing rights portfolio and valuation assumptions are periodically reviewed by management.
	Prepayment speeds may be affected by economic factors such as home price appreciation, market interest rates, the availability of other credit products to our borrowers and customer payment patterns. Prepayment speeds include the impact of all borrower prepayments, including full payoffs, additional principal payments and the impact of loans paid off due to foreclosure liquidations.
	We perform an impairment assessment of our other intangible assets whenever events or changes in circumstance indicate that the carrying value of those assets may not be recoverable. Our impairment assessments involve, among other valuation methods, the estimation of future cash flows and other methods of determining fair value. Estimating future cash flows and determining fair values is subject to judgments and often involves the use of significant estimates and assumptions. The variability of the factors we use to perform our impairment tests depend on a number of conditions, including uncertainty about future events and cash flows. All such factors were interdependent and, therefore, do not change in isolation. Accordingly, our accounting estimates may materially change from period to period due to changing market factors.
	During the second quarter of 2012, we evaluated the recoverability of the intangible assets related to our customer relationships and non-compete agreements. Upon completion of this review, we determined that the intangible assets related to our customer relationships and non-compete agreements were both fully impaired, and thus, we recorded impairment charges to other operating expense totaling $0.9 million during the second quarter of 2012.
Other Real Estate	'
	Other Real Estate
	Other real estate is composed of properties acquired through foreclosure proceedings and is initially recorded at fair value less estimated costs to sell the property, thereby establishing the new cost basis of other real estate. Losses arising at the time of acquisition of such properties are charged against the Allowance. Subsequent to acquisition, such properties are carried at the lower of cost or fair value less estimated selling expenses, determined on an individual asset basis. Any deficiency resulting from the excess of cost over fair value less estimated selling expenses is recognized as a valuation allowance. Any subsequent increase in fair value up to its cost basis is recorded as a reduction of the valuation allowance. Increases or decreases in the valuation allowance are included in other operating expense. Net gains or losses recognized on the sale of these properties are included in other operating income.
Non-Controlling Interest	'
	Non-Controlling Interest
	Non-controlling interest at December 31, 2013 is comprised of preferred stock issued to third parties by the Company’s subsidiary, CPB Real Estate, Inc. In the third quarter of 2013, CPB Real Estate, Inc. and Citibank Properties, Inc. repurchased $7.6 million and $2.1 million, respectively, of its preferred stock issued to third parties at a premium of $1.8 million and $0.2 million, respectively. The premiums on the repurchase of the preferred stock were recorded in other operating expense.
Share Based Compensation	'
	Share Based Compensation
	Share-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as expense over the employee’s requisite service period. We use the Black-Scholes option-pricing model to determine the fair-value of stock-based awards and we recognize compensation expense for all share-based payment awards on a straight-line basis over their respective vesting period. See Note 15 for further discussion of our stock-based compensation.
Income Taxes	'
	Income Taxes
	Deferred tax assets and liabilities are recognized for the estimated future tax effects attributable to temporary differences and carryforwards. A valuation allowance may be required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. In determining whether a valuation allowance is necessary, we consider the level of taxable income in prior years, to the extent that carrybacks are permitted under current tax laws, as well as estimates of future taxable income and tax planning strategies that could be implemented to accelerate taxable income, if necessary. If our estimates of future taxable income were materially overstated or if our assumptions regarding the tax consequences of tax planning strategies were inaccurate, some or all of our deferred tax assets may not be realized, which would result in a charge to earnings. Our continuing practice is to recognize interest and penalties related to income tax matters in interest expense and other expense, respectively.
	We establish income tax contingency reserves for potential tax liabilities related to uncertain tax positions. Tax benefits are recognized when we determine that it is more likely than not that such benefits will be realized. Where uncertainty exists due to the complexity of income tax statutes, and where the potential tax amounts are significant, we generally seek independent tax opinions to support our positions. If our evaluation of the likelihood of the realization of benefits is inaccurate, we could incur additional income tax and interest expense that would adversely impact earnings, or we could receive tax benefits greater than anticipated which would positively impact earnings.
Earnings per Share	'
	Earnings per Share
	Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period, increased by the dilutive effect of stock options and stock awards, less shares held in a Rabbi trust pursuant to a deferred compensation plan for directors.
Forward Foreign Exchange Contracts	'
	Forward Foreign Exchange Contracts
	We are periodically a party to a limited amount of forward foreign exchange contracts to satisfy customer requirements for foreign currencies. These contracts are not utilized for trading purposes and are carried at market value, with realized gains and losses included in fees on foreign exchange.
Derivatives and Hedging Activities	'
	Derivatives and Hedging Activities
	We recognize all derivatives on the balance sheet at fair value. On the date that we enter into a derivative contract, we designate the derivative as (1) a hedge of the fair value of an identified asset or liability (“fair value hedge”), (2) a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to an identified asset or liability (“cash flow hedge”) or (3) a transaction not qualifying for hedge accounting (“free standing derivative”). For a fair value hedge, changes in the fair value of the derivative and, to the extent that it is effective, changes in the fair value of the hedged asset or liability, attributable to the hedged risk, are recorded in current period net income in the same financial statement category as the hedged item. For a cash flow hedge, changes in the fair value of the derivative, to the extent that it is effective, is recorded in other comprehensive income (loss) (“OCI”). These changes in fair value are subsequently reclassified to net income in the same period(s) that the hedged transaction affects net income in the same financial statement category as the hedged item. For free standing derivatives, changes in fair values are reported in current period other operating income.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2011-11, “Disclosures about Offsetting Assets and Liabilities.”  ASU 2011-11 expands the disclosure requirements for certain financial instruments and derivatives that are subject to enforceable master netting agreements or similar arrangements. The disclosures are required regardless of whether the instruments have been offset (or netted) in the balance sheet. Under ASU 2011-11, companies must describe the nature of offsetting arrangements and provide quantitative information about those agreements, including the gross and net amounts of financial instruments that are recognized in the balance sheet. In January 2013, the FASB issued ASU 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities,” which clarifies the scope of ASU 2011-11 by limiting the disclosures to derivatives, repurchase agreements, and securities lending transactions to the extent they are subject to an enforceable master netting or similar arrangement. The provisions of ASU 2011-11 and ASU 2013-01 were effective for the Company’s reporting period beginning on January 1, 2013, with retrospective application required. We adopted ASU 2011-11 and ASU 2013-01 effective January 1, 2013 and the adoption did not have a material impact on our consolidated financial statements.
	In July 2012, the FASB issued ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment.” The provisions of ASU 2012-02 permit an entity to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform a quantitative impairment test, as is currently required by GAAP. ASU 2012-02 is effective for annual and interim impairment tests performed for the Company’s reporting period beginning on January 1, 2013. We adopted this ASU effective January 1, 2013. As the Company does not have any indefinite-lived assets, the adoption of this guidance did not have a material impact on our consolidated financial statements.
	In February 2013, the FASB issued ASU 2013-02, “Amendments to Topic 220, Other Comprehensive Income.” The amendments in ASU 2013-02 supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASUs 2011-05 (issued in June 2011) and 2011-12 (issued in December 2011) for all public and private organizations. The amendments would require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. ASU 2013-02 is effective for the Company’s reporting period beginning on January 1, 2013. We adopted this ASU effective January 1, 2013. As the Company provided these required disclosures in the notes to the consolidated financial statements, the adoption of this guidance had no impact on the Company’s consolidated balance sheets and statements of income. See Note 20 for the disclosures required by ASU 2013-02.

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2013
INVESTMENT SECURITIES	'
Summary of investment securities portfolio	'
				Gross			Gross			Estimated
		Amortized		unrealized			unrealized			fair
		cost		gains			losses			value
		(Dollars in thousands)
	2013
	Held to Maturity:
	Mortgage-backed securities - U.S. Government sponsored entities	$	252,047	$	—		$	(13,342	)	$	238,705
	Available for Sale:
	Debt securities:
	States and political subdivisions	$	191,158	$	305		$	(12,106	)	$	179,357
	Corporate securities	157,337		1,878			(1,120		)	158,095
	Mortgage-backed securities:
	U.S. Government sponsored entities	936,144		7,085			(15,603		)	927,626
	Non-agency collateralized mortgage obligations	147,902		81			(5,937		)	142,046
	Other	755		120			—			875
	Total	$	1,433,296	$	9,469		$	(34,766	)	$	1,407,999
	2012
	Held to Maturity:
	Mortgage-backed securities - U.S. Government sponsored entities	$	161,848	$	695		$	(15	)	$	162,528
	Available for Sale:
	Debt securities:
	U.S. Government sponsored entities	$	278,198	$	2,741		$	—		$	280,939
	States and political subdivisions	184,274		2,831			(1,194		)	185,911
	Corporate securities	125,649		2,360			(63		)	127,946
	Mortgage-backed securities - U.S. Government sponsored entities	925,018		17,548			(1,523		)	941,043
	Other	866		40			—			906
	Total	$	1,514,005	$	25,520		$	(2,780	)	$	1,536,745
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	'
		December 31, 2013
		Amortized		Estimated Fair
		Cost		Value
		(Dollars in thousands)
	Held to Maturity
	Mortgage-backed securities	$	252,047	$	238,705
	Available for Sale
	Due in one year or less	$	—	$	—
	Due after one year through five years	87,349		88,819
	Due after five years through ten years	134,337		131,223
	Due after ten years	126,809		117,410
	Mortgage-backed securities	1,084,046		1,069,672
	Other	755		875
	Total	$	1,433,296	$	1,407,999
Schedule of investment securities in an unrealized loss position	'
		Less than 12 months					12 months or longer						Total
				Unrealized						Unrealized					Unrealized
	Description of Securities	Fair Value		Losses			Fair Value			Losses			Fair Value		Losses
		(Dollars in thousands)
	At December 31, 2013:
	Debt securities:
	States and political subdivisions	$	137,176	$	(8,985	)	$	32,747		$	(3,121	)	$	169,923	$	(12,106	)
	Corporate securities	75,368		(1,120		)	—			—			75,368		(1,120		)
	Mortgage-backed securities:
	U.S. Government sponsored entities	909,585		(28,386		)	4,848			(559		)	914,433		(28,945		)
	Non-agency collateralized mortgage obligations	129,991		(5,937		)	—			—			129,991		(5,937		)
	Total temporarily impaired securities	$	1,252,120	$	(44,428	)	$	37,595		$	(3,680	)	$	1,289,715	$	(48,108	)
	At December 31, 2012:
	Debt securities:
	States and political subdivisions	$	73,128	$	(1,194	)	$	—		$	—		$	73,128	$	(1,194	)
	Corporate securities	23,205		(63		)	—			—			23,205		(63		)
	Mortgage-backed securities:
	U.S. Government sponsored entities	206,981		(1,538		)	—			—			206,981		(1,538		)
	Total temporarily impaired securities	$	303,314	$	(2,795	)	$	—		$	—		$	303,314	$	(2,795	)

LOANS_AND_LEASES_Tables

LOANS AND LEASES (Tables)	12 Months Ended
	Dec. 31, 2013
LOANS AND LEASES	'
Schedule of loans and leases, excluding loans held for sale	'
		December 31,
		2013			2012
		(Dollars in thousands)
	Commercial, financial & agricultural	$	398,365		$	246,278
	Real estate:
	Construction	75,927			96,240
	Mortgage - residential	1,237,841			1,035,273
	Mortgage - commercial	601,114			673,506
	Consumer	311,670			143,387
	Leases	6,241			10,504
		2,631,158			2,205,188
	Unearned income	(557		)	(1,244		)
	Total loans and leases	$	2,630,601		$	2,203,944
Schedule of activity of loans made to certain directors, executive officers and their affiliates	'
		December 31,
		2013			2012
		(Dollars in thousands)
	Balance, beginning of year	$	1,501		$	4,579
	Additions	17,487			2,348
	Repayments	(6,046		)	(5,426		)
	Balance, end of year	$	12,942		$	1,501
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and lease based on the impairment measurement methods, by class	'
		Commercial,			Real estate
		financial &			Construction			Mortgage -			Mortgage -			Consumer			Leases			Total
		agricultural						residential			commercial
		(Dollars in thousands)
	December 31, 2013
	Allowance for loan and lease losses:
	Ending balance attributable to loans:
	Individually evaluated for impairment	$	349		$	—		$	—		$	—		$	—		$	—		$	349
	Collectively evaluated for impairment	12,847			2,774			28,441			26,778			6,576			55			77,471
		13,196			2,774			28,441			26,778			6,576			55			77,820
	Unallocated																			6,000
	Total ending balance	$	13,196		$	2,774		$	28,441		$	26,778		$	6,576		$	55		$	83,820
	Loans and leases:
	Individually evaluated for impairment	$	3,939		$	8,065		$	36,779		$	16,271		$	—		$	—		$	65,054
	Collectively evaluated for impairment	394,426			67,862			1,201,062			584,843			311,670			6,241			2,566,104
		398,365			75,927			1,237,841			601,114			311,670			6,241			2,631,158
	Unearned income	351			(311		)	1,418			(1,033		)	(982		)	—			(557		)
	Total ending balance	$	398,716		$	75,616		$	1,239,259		$	600,081		$	310,688		$	6,241		$	2,630,601
	December 31, 2012
	Allowance for loan and lease losses:
	Ending balance attributable to loans:
	Individually evaluated for impairment	$	882		$	1,582		$	272		$	270		$	—		$	5		$	3,011
	Collectively evaluated for impairment	4,105			2,928			29,638			48,230			2,421			80			87,402
		4,987			4,510			29,910			48,500			2,421			85			90,413
	Unallocated																			6,000
	Total ending balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421		$	85		$	96,413
	Loans and leases:
	Individually evaluated for impairment	$	3,957		$	48,264		$	42,865		$	15,911		$	—		$	95		$	111,092
	Collectively evaluated for impairment	242,321			47,976			992,408			657,595			143,387			10,409			2,094,096
		246,278			96,240			1,035,273			673,506			143,387			10,504			2,205,188
	Unearned income	(60		)	(46		)	124			(1,258		)	(4		)	—			(1,244		)
	Total ending balance	$	246,218		$	96,194		$	1,035,397		$	672,248		$	143,383		$	10,504		$	2,203,944
Schedule of impaired loans, by class	'
		Unpaid Principal			Recorded			Allowance
		Balance			Investment			Allocated
		(Dollars in thousands)
	December 31, 2013
	Impaired loans with no related allowance recorded:
	Commercial, financial & agricultural	$	1,069		$	1,040		$	—
	Real estate:
	Construction	14,451			8,065			—
	Mortgage - residential	41,117			36,779			—
	Mortgage - commercial	22,353			16,271			—
	Total impaired loans with no related allowance recorded	78,990			62,155			—
	Impaired loans with an allowance recorded:
	Commercial, financial & agricultural	4,367			2,899			349
	Total impaired loans with an allowance recorded	4,367			2,899			349
	Total	$	83,357		$	65,054		$	349
	December 31, 2012
	Impaired loans with no related allowance recorded:
	Commercial, financial & agricultural	$	1,225		$	526		$	—
	Real estate:
	Construction	52,352			36,664			—
	Mortgage - residential	47,364			41,894			—
	Mortgage - commercial	13,616			13,211			—
	Total impaired loans with no related allowance recorded	114,557			92,295			—
	Impaired loans with an allowance recorded:
	Commercial, financial & agricultural	4,807			3,431			882
	Real estate:
	Construction	13,678			11,600			1,582
	Mortgage - residential	1,935			971			272
	Mortgage - commercial	3,939			2,700			270
	Leases	95			95			5
	Total impaired loans with an allowance recorded	24,454			18,797			3,011
	Total	$	139,011		$	111,092		$	3,011
Schedule of average recorded investment and interest income recognized on impaired loans, by class	'
		Average			Interest
		Recorded			Income
		Investment			Recognized
		(Dollars in thousands)
	December 31, 2013
	Commercial, financial & agricultural	$	4,138		$	24
	Real estate:
	Construction	24,545			1,442
	Mortgage - residential	38,378			586
	Mortgage - commercial	21,107			833
	Leases	33			—
	Total	$	88,201		$	2,885
	December 31, 2012
	Commercial, financial & agricultural	$	3,486		$	39
	Real estate:
	Construction	56,762			771
	Mortgage - residential	47,240			308
	Mortgage - commercial	18,852			506
	Leases	133			—
	Total	$	126,473		$	1,624
	December 31, 2011
	Commercial, financial & agricultural	$	549		$	—
	Real estate:
	Construction	115,612			772
	Mortgage - residential	58,262			616
	Mortgage - commercial	19,116			469
	Total	$	193,539		$	1,857
Schedule of aging of the recorded investment in past due loans and leases, by class	'
		30 - 59 Days			60 - 89 Days			Accruing			Nonaccrual			Total			Loans and			Total
		Past Due			Past Due			Loans Greater			Loans			Past Due			Leases Not
								than 90 Days									Past Due
								Past Due
		(Dollars in thousands)
	December 31, 2013
	Commercial, financial & agricultural	$	50		$	—		$	—		$	3,533		$	3,583		$	395,133		$	398,716
	Real estate:
	Construction	—			120			—			4,015			4,135			71,481			75,616
	Mortgage - residential	3,898			1,885			—			20,271			26,054			1,213,205			1,239,259
	Mortgage - commercial	544			—			—			13,769			14,313			585,768			600,081
	Consumer	577			92			—			—			669			310,019			310,688
	Leases	—			—			15			—			15			6,226			6,241
	Total	$	5,069		$	2,097		$	15		$	41,588		$	48,769		$	2,581,832		$	2,630,601
	December 31, 2012
	Commercial, financial & agricultural	$	123		$	139		$	—		$	3,510		$	3,772		$	242,446		$	246,218
	Real estate:
	Construction	124			—			—			38,742			38,866			57,328			96,194
	Mortgage - residential	8,330			590			387			27,499			36,806			998,591			1,035,397
	Mortgage - commercial	219			—			—			9,487			9,706			662,542			672,248
	Consumer	249			169			116			—			534			142,849			143,383
	Leases	—			—			—			94			94			10,410			10,504
	Total	$	9,045		$	898		$	503		$	79,332		$	89,778		$	2,114,166		$	2,203,944
Schedule of information related to loans modifications in a TDR, by class	'
		Number of		Recorded			Increase in
		Contracts		Investment			the
				(as of period end)			Allowance
		(Dollars in thousands)
	Year ended December 31, 2013
	Commercial, financial & agricultural	1		$	517		$	—
	Real estate:
	Construction	1		178			—
	Mortgage - residential	7		2,566			—
	Mortgage - commercial	1		8,952			—
	Total	10		$	12,213		$	—
	Year ended December 31, 2012
	Commercial, financial & agricultural	4		$	447		$	—
	Real estate:
	Construction	8		11,120			—
	Mortgage - residential	10		3,782			427
	Mortgage - commercial	6		9,124			—
	Total	28		$	24,473		$	427
Schedule of loans modified as a TDR within the previous twelve months that subsequently defaulted, by class	'
		Year Ended December 31,
		2013					2012
		Number of		Recorded			Number of		Recorded
		Contracts		Investment			Contracts		Investment
				(as of period end)					(as of period end)
		(Dollars in thousands)
	Commercial, financial & agricultural	1		$	517		—		$	—
	Real estate:
	Construction	—		—			7		5,949
	Mortgage - residential	—		—			4		893
	Mortgage - commercial	—		—			2		5,890
	Total	1		$	517		13		$	12,732
Schedule of recorded investment in the loans and leases, by class and credit indicator	'
		Pass			Special			Substandard			Doubtful			Loss			Less:			Total
					Mention												Unearned
																	Income
		(Dollars in thousands)
	December 31, 2013
	Commercial, financial  & agricultural	$	371,285		$	21,511		$	5,569		$	—		$	—		$	(351	)	$	398,716
	Real estate:
	Construction	67,435			4,477			4,015			—			—			311			75,616
	Mortgage - residential	1,213,636			845			23,360			—			—			(1,418		)	1,239,259
	Mortgage - commercial	551,488			20,206			29,420			—			—			1,033			600,081
	Consumer	311,670			—			—			—			—			982			310,688
	Leases	6,241			—			—			—			—			—			6,241
	Total	$	2,521,755		$	47,039		$	62,364		$	—		$	—		$	557		$	2,630,601
	December 31, 2012
	Commercial, financial  & agricultural	$	232,062		$	6,609		$	7,607		$	—		$	—		$	60		$	246,218
	Real estate:
	Construction	42,619			9,635			43,986			—			—			46			96,194
	Mortgage - residential	1,003,268			1,109			30,896			—			—			(124		)	1,035,397
	Mortgage - commercial	577,638			65,114			30,754			—			—			1,258			672,248
	Consumer	143,258			—			129			—			—			4			143,383
	Leases	9,860			274			370			—			—			—			10,504
	Total	$	2,008,705		$	82,741		$	113,742		$	—		$	—		$	1,244		$	2,203,944

ALLOWANCE_FOR_LOAN_AND_LEASE_L1

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	12 Months Ended
	Dec. 31, 2013
ALLOWANCE FOR LOAN AND LEASE LOSSES	'
Schedule of activity in the allowance, by class	'
		Commercial,			Real estate
		financial &						Mortgage -			Mortgage -
		agricultural			Construction			residential			commercial			Consumer		Leases			Unallocated		Total
		(Dollars in thousands)
	Year Ended December 31, 2013
	Beginning balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421	$	85		$	6,000	$	96,413
	Provision (credit) for loan and lease losses	9,634			(4,974		)	(1,493		)	(19,194		)	5,093		(376		)	—		(11,310		)
		14,621			(464		)	28,417			29,306			7,514		(291		)	6,000		85,103
	Charge-offs	2,812			358			1,083			6,768			1,595		—			—		12,616
	Recoveries	1,387			3,596			1,107			4,240			657		346			—		11,333
	Net charge-offs (recoveries)	1,425			(3,238		)	(24		)	2,528			938		(346		)	—		1,283
	Ending balance	$	13,196		$	2,774		$	28,441		$	26,778		$	6,576	$	55		$	6,000	$	83,820
	Year Ended December 31, 2012
	Beginning balance	$	6,110		$	28,630		$	32,736		$	47,729		$	2,335	$	553		$	4,000	$	122,093
	Provision (credit) for loan and lease losses	1,042			(22,307		)	(2,038		)	2,316			547		(445		)	2,000		(18,885		)
		7,152			6,323			30,698			50,045			2,882		108			6,000		103,208
	Charge-offs	3,779			8,435			1,664			2,033			1,490		28			—		17,429
	Recoveries	1,614			6,622			876			488			1,029		5			—		10,634
	Net charge-offs	2,165			1,813			788			1,545			461		23			—		6,795
	Ending balance	$	4,987		$	4,510		$	29,910		$	48,500		$	2,421	$	85		$	6,000	$	96,413
	Year Ended December 31, 2011
	Beginning balance	$	13,426		$	76,556		$	31,830		$	64,308		$	3,155	$	1,579		$	2,000	$	192,854
	Provision (credit) for loan and lease losses	(6,720		)	(23,073		)	3,569			(15,664		)	214		(1,016		)	2,000		(40,690		)
		6,706			53,483			35,399			48,644			3,369		563			4,000		152,164
	Charge-offs	2,401			31,371			4,347			1,298			2,116		10			—		41,543
	Recoveries	1,805			6,518			1,684			383			1,082		—			—		11,472
	Net charge-offs	596			24,853			2,663			915			1,034		10			—		30,071
	Ending balance	$	6,110		$	28,630		$	32,736		$	47,729		$	2,335	$	553		$	4,000	$	122,093
Schedule of changes in the allowance for loan and lease losses for impaired loans	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Balance, beginning of year	$	3,011		$	772		$	19,525
	Provision for loan and lease losses	—			2,520			333
	Other changes	(2,662		)	(281		)	(19,086		)
	Balance, end of year	$	349		$	3,011		$	772

PREMISES_AND_EQUIPMENT_Tables

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2013
PREMISES AND EQUIPMENT	'
Schedule of premises and equipment	'
		December 31,
		2013			2012
		(Dollars in thousands)
	Land	$	9,006		$	9,006
	Office buildings and improvements	94,888			91,512
	Furniture, fixtures and equipment	36,677			34,980
		140,571			135,498
	Accumulated depreciation and amortization	(91,532		)	(86,739		)
	Net premises and equipment	$	49,039		$	48,759
Schedule of operating expenses to which depreciation and amortization of premises and equipment were charged	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Net occupancy	$	3,702		$	3,723		$	3,641
	Equipment	2,305			2,628			3,083
	Total	$	6,007		$	6,351		$	6,724

OTHER_INTANGIBLE_ASSETS_Tables

OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2013
OTHER INTANGIBLE ASSETS	'
Schedule of changes in other intangible assets	'
			Core			Mortgage
			Deposit			Servicing			Customer			Non-compete
			Premium			Rights			Relationships			Agreements			Total
			(Dollars in thousands)
	Balance as of December 31, 2011		$	18,053		$	22,933		$	910		$	90		$	41,986
	Additions		—			5,692			—			—			5,692
	Amortization		(2,675		)	(6,504		)	(58		)	(25		)	(9,262		)
	Impairment charges		—			—			(852		)	(65		)	(917		)
	Balance as of December 31, 2012		$	15,378		$	22,121		$	—		$	—		$	37,499
	Additions		—			2,702			—			—			2,702
	Amortization		(2,674		)	(4,744		)	—			—			(7,418		)
	Balance as of December 31, 2013		$	12,704		$	20,079		$	—		$	—		$	32,783
Schedule of gross carrying value and accumulated amortization related to intangible assets	'
		December 31, 2013									December 31, 2012
			Gross						Net			Gross						Net
			Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
			Value			Amortization			Value			Value			Amortization			Value
			(Dollars in thousands)
	Core deposit premium		$	44,642		$	(31,938	)	$	12,704		$	44,642		$	(29,264	)	$	15,378
	Mortgage servicing rights		54,441			(34,362		)	20,079			51,739			(29,618		)	22,121
	Customer relationships		—			—			—			1,400			(1,400		)	—
	Non-compete agreements		—			—			—			300			(300		)	—
	Total		$	99,083		$	(66,300	)	$	32,783		$	98,081		$	(60,582	)	$	37,499
Schedule of estimated amortization expense	'
			Estimated Amortization Expense
						Mortgage
			Core Deposit			Servicing
			Premium			Rights			Total
			(Dollars in thousands)
	2014		$	2,674		$	2,452		$	5,126
	2015		2,674			1,669			4,343
	2016		2,674			1,099			3,773
	2017		2,674			669			3,343
	2018		2,008			296			2,304
	Thereafter		—			13,894			13,894
	Total		$	12,704		$	20,079		$	32,783
Schedule of fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights	'
			Year Ended December 31,
			2013			2012
			(Dollars in thousands)
	Fair market value, beginning of period		$	22,356		$	23,149
	Fair market value, end of period		21,399			22,356
	Weighted average discount rate		8		%	8		%
	Weighted average prepayment speed assumption		13.6			14

DERIVATIVES_Tables

DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2013

DERIVATIVES

'

Schedule of the location of all assets and liabilities associated with derivative instruments within the consolidated balance sheet

'

Asset Derivatives

Liability Derivatives

Derivatives not designated as

Balance Sheet

Fair Value at

Fair Value at

Fair Value at

Fair Value at

hedging instruments

Location

December 31,

December 31,

December 31,

December 31,

2013

2012

2013

2012

(Dollars in thousands)

Interest rate contracts

Other assets / other liabilities

$

425

$

303

$

146

$

551

Schedule of the impact of derivative instruments and their location within the consolidated statements of income

'

Derivatives in Cash Flow

Amount of Gain (Loss) Reclassified

Hedging Relationship

from AOCI into Earnings

(Effective Portion)

Year Ended December 31, 2013

Interest rate contracts

$

(394

)

Year Ended December 31, 2012

Interest rate contracts

434

Derivatives not in Cash Flow

Location of Gain (Loss) Recognized

Amount of Gain (Loss) Recognized

Hedging Relationship

in Earnings on Derivatives

in Earnings on Derivatives

(Dollars in thousands)

Year Ended December 31, 2013

Interest rate contracts

Other operating income

$

336

Year Ended December 31, 2012

Interest rate contracts

Other operating income

(350

)

DEPOSITS_Tables

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2013
DEPOSITS.	'
Schedule of maturities of time deposits of $100,000 or more	'
	Maturities of time deposits of $100,000 or more as of December 31, 2013 were as follows (in thousands):
	Three months or less	$	399,818
	Over three through six months	268,780
	Over six through twelve months	113,260
	2015	34,795
	2016	12,323
	2017	7,405
	2018	4,403
	Thereafter	2,110
	Total	$	842,894

SHORTTERM_BORROWINGS_Tables

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2013
SHORT-TERM BORROWINGS	'
Schedule of short-term borrowings	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Amount outstanding at December 31	$	8,015		$	—		$	34
	Average amount outstanding during year	1,988			11			35,809
	Highest month-end balance during year	28,000			—			201,962
	Weighted average interest rate on balances outstanding at December 31	0.23		%	0		%	0		%
	Weighted average interest rate during year	0.32		%	0.7		%	0.57		%

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2013
LONG-TERM DEBT.	'
Schedule of long-term debt, based on original maturity	'
		December 31,
		2013		2012
		(Dollars in thousands)
	FHLB advances	$	14	$	32
	Subordinated debentures	92,785		108,249
		$	92,799	$	108,281
Schedule of future principal payments on long-term debt based on final maturity	'
	At December 31, 2013, future principal payments on long-term debt based on final maturity are as follows (in thousands):
	Year ending December 31:
	2014	$	14
	2015	—
	2016	—
	2017	—
	2018	—
	Thereafter	92,785
	Total	$	92,799

SHAREBASED_COMPENSATION_Tables

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2013
SHARE-BASED COMPENSATION.	'
Summary of the effects of share-based compensation to options and awards granted under the Company's equity incentive plans	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Salaries and employee benefits	$	6,367		$	4,432		$	2,409
	Directors stock awards	45			90			153
	Legal and professional services	—			59			55
	Income tax benefit	(2,570		)	—			—
	Net share-based compensation effect	$	3,842		$	4,581		$	2,617
Schedule of weighted-average assumptions used in estimating the fair value of the stock options granted to employees	'
		Year Ended
		December 31, 2012
	Expected volatility	77.2		%
	Risk free interest rate	1.8		%
	Expected dividends	1		%
	Expected life (in years)	8
	Weighted average fair value	$	9.65
Summary of option activity for stock option plans	'
							Weighted Average		Aggregate
				Weighted			Remaining		Intrinsic
				Average			Contractual Term		Value
		Shares		Exercise Price			(in years)		(in thousands)
	Outstanding at January 1, 2013	315,369		$	62.77
	Changes during the year:
	Exercised	(5,186	)	14.31
	Expired	(7,024	)	539.38
	Forfeited	(511	)	508.11
	Outstanding at December 31, 2013	302,648		51.79			7.9		$	1,598
	Vested and expected to vest at
	December 31, 2013	302,648		51.79			7.9		1,598
	Exercisable at December 31, 2013	91,241		138.56			6.8		384
Schedule of activity of restricted stock awards and units	'
				Weighted Average
				Grant Date
		Shares		Fair Value
	Nonvested at January 1, 2013	1,098,806		$	14.61
	Changes during the year:
	Granted	142,347		15.56
	Forfeited	(103,329	)	14.68
	Vested	(301,920	)	14.65
	Nonvested at December 31, 2013	835,904		14.75
	Vested and expected to vest at December 31, 2013	835,904		14.75

PENSION_PLANS_Tables

PENSION PLANS (Tables)	12 Months Ended
	Dec. 31, 2013
Defined Benefit Retirement Plan	'
PENSION PLANS	'
Schedule of information pertaining to the defined benefit retirement plan	'
		2013			2012
		(Dollars in thousands)
	Change in benefit obligation
	Benefit obligation at beginning of year	$	36,139		$	34,091
	Interest cost	1,370			1,585
	Actuarial (gains) losses	(2,969		)	2,923
	Benefits paid	(2,357		)	(2,460		)
	Benefit obligation at end of the year	32,183			36,139
	Change in plan assets
	Fair value of plan assets at beginning of year	23,780			22,559
	Actual return on plan assets	4,712			2,235
	Employer contributions	1,647			1,446
	Benefits paid	(2,357		)	(2,460		)
	Fair value of plan assets at end of year	27,782			23,780
	Funded status at end of year	$	(4,401	)	$	(12,359	)
	Amounts recognized in AOCI
	Net actuarial losses	$	(10,895	)	$	(19,205	)
	Benefit obligation actuarial assumptions
	Weighted average discount rate	4.7		%	4		%
		2013			2012			2011
		(Dollars in thousands)
	Components of net periodic benefit cost
	Interest cost	$	1,370		$	1,585		$	1,668
	Expected return on plan assets	(1,762		)	(1,791		)	(1,821		)
	Amortization of net actuarial losses	2,390			2,385			2,263
	Net periodic benefit cost	$	1,998		$	2,179		$	2,110
	Net periodic cost actuarial assumptions
	Weighted average discount rate	4		%	4.8		%	5.1		%
	Expected long-term rate of return on plan assets	7.5		%	8		%	8		%
Schedule of asset allocations by asset category	'
		December 31,
		2013		2012
	Equity securities	59.9	%	64.7	%
	Debt securities	34.6		32.6
	Other	5.5		2.7
	Total	100	%	100	%
Schedule of fair values of the defined benefit retirement plan by asset category	'
		Level 1			Level 2			Level 3			Total
		(Dollars in thousands)
	December 31, 2013
	Money market accounts	$	1,841		$	—		$	—		$	1,841
	Mutual funds	9,795			—			—			9,795
	Government obligations	—			3,450			—			3,450
	Common stocks	8,744			—			—			8,744
	Preferred stocks	255			—			—			255
	Corporate bonds and debentures	—			3,697			—			3,697
		$	20,635		$	7,147		$	—		$	27,782
	December 31, 2012
	Money market accounts	$	1,022		$	—		$	—		$	1,022
	Mutual funds	9,524			—			—			9,524
	Government obligations	—			3,317			—			3,317
	Common stocks	6,213			—			—			6,213
	Preferred stocks	279			—			—			279
	Corporate bonds and debentures	—			3,425			—			3,425
		$	17,038		$	6,742		$	—		$	23,780
Schedule of estimated future benefit payments	'
	Estimated future benefit payments are as follows (in thousands):
	Year ending December 31:
	2014	$	2,427
	2015	2,413
	2016	2,432
	2017	2,411
	2018	2,401
	2019-2023	11,393
	Total	$	23,477
SERP	'
PENSION PLANS	'
Schedule of information pertaining to the defined benefit retirement plan	'
		2013			2012
		(Dollars in thousands)
	Change in benefit obligation
	Benefit obligation at beginning of year	$	9,944		$	8,558
	Interest cost	411			426
	Actuarial (gains) losses	(1,033		)	1,175
	Benefits paid	(215		)	(215		)
	Benefit obligation at end of year	9,107			9,944
	Change in plan assets
	Fair value of plan assets at beginning of year	—			—
	Employer contributions	215			215
	Benefits paid	(215		)	(215		)
	Fair value of plan assets at end of year	—			—
	Funded status at end of year	$	(9,107	)	$	(9,944	)
	Amounts recognized in AOCI
	Net transition obligation	$	(164	)	$	(181	)
	Prior service cost	(119		)	(137		)
	Net actuarial losses	(379		)	(1,482		)
	Total amounts recognized in AOCI	$	(662	)	$	(1,800	)
	Benefit obligation actuarial assumptions
	Weighted average discount rate	5		%	4.2		%
		2013			2012			2011
		(Dollars in thousands)
	Components of net periodic benefit cost
	Interest cost	$	411		$	426		$	412
	Amortization of net transition obligation	17			17			17
	Amortization of prior service cost	18			18			18
	Amortization of net actuarial (gains) losses	71			(4		)	(17		)
	Net periodic benefit cost	$	517		$	457		$	430
	Net periodic cost actuarial assumptions
	Weighted average discount rate	4.2		%	5		%	5		%
Schedule of estimated amortization of components included in AOCI that will be recognized into net periodic cost in the next fiscal year	'
	The estimated amortization of components included in AOCI that will be recognized into net periodic cost for 2014 is as follows (in thousands):
	Amortization of net transition obligation	$	17
	Amortization of prior service cost	18
	Amortization of net actuarial losses	2
Schedule of estimated future benefit payments	'
	Estimated future benefit payments reflecting expected future service for the SERP are as follows (in thousands):
	Year ending December 31:
	2014	$	215
	2015	211
	2016	225
	2017	415
	2018	411
	2019-2023	2,425
	Total	$	3,902

OPERATING_LEASES_Tables

OPERATING LEASES (Tables)	12 Months Ended
	Dec. 31, 2013
OPERATING LEASES	'
Schedule of net rent expense for all operating leases	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Rent expense charged to net occupancy	$	9,840		$	10,053		$	10,286
	Less sublease income	(52		)	(25		)	(74		)
	Net rent expense charged to net occupancy	9,788			10,028			10,212
	Rent expense charged to equipment expense	93			104			162
	Total net rent expense	$	9,881		$	10,132		$	10,374
Schedule of future minimum rental commitments for all noncancellable operating leases that had initial lease terms in excess of one year	'
	The following is a schedule of future minimum rental commitments for all noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2013 (in thousands):
	Year ending December 31:
	2014	$	7,847
	2015	6,626
	2016	5,901
	2017	4,943
	2018	3,621
	Thereafter	23,664
	Total	$	52,602
Schedule of future minimum rental income for noncancellable operating leases that had initial lease terms in excess of one year	'
	The following is a schedule of future minimum rental income for those noncancellable operating leases that had initial lease terms in excess of one year at December 31, 2013 (in thousands):
	Year ending December 31:
	2014	$	3,045
	2015	2,331
	2016	1,340
	2017	795
	2018	225
	Thereafter	50
	Total	$	7,786

INCOME_AND_FRANCHISE_TAXES_Tab

INCOME AND FRANCHISE TAXES (Tables)	12 Months Ended
	Dec. 31, 2013
INCOME AND FRANCHISE TAXES	'
Schedule of components of income tax benefit	'
		Current			Deferred			Total
		(Dollars in thousands)
	Year ended December 31, 2013
	Federal	$	—		$	(81,613	)	$	(81,613	)
	State	109			(30,743		)	(30,634		)
	Total	$	109		$	(112,356	)	$	(112,247	)
	Year ended December 31, 2012
	Federal	$	—		$	—		$	—
	State	—			—			—
	Total	$	—		$	—		$	—
	Year ended December 31, 2011
	Federal	$	—		$	—		$	—
	State	—			—			—
	Total	$	—		$	—		$	—
Schedule of the reasons of difference between the income tax benefit and the expected tax benefit	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Computed “expected” tax expense (benefit)	$	20,940		$	16,598		$	12,802
	Increase (decrease) in taxes resulting from:
	Tax-exempt interest	(1,431		)	(820		)	(273		)
	Other tax-exempt income	(810		)	(976		)	(1,441		)
	Low-income housing and energy tax credits	(1,557		)	(1,607		)	(1,678		)
	State income taxes, net of Federal income tax effect, excluding impact of deferred tax valuation allowance	2,389			2,540			546
	Change in the beginning-of-the-year balance of the valuation allowance for deferred tax assets allocated to income tax expense	(132,061		)	(15,862		)	(9,870		)
	Other	283			127			(86		)
	Total	$	(112,247	)	$	—		$	—
Schedule of the tax effects of temporary differences giving rise to significant portions of the deferred tax assets and deferred tax liabilities	'
		December 31,
		2013			2012
		(Dollars in thousands)
	Deferred tax assets
	Allowance for loan and lease losses	$	28,926		$	33,418
	Accrued expenses	2,950			2,744
	Employee retirement benefits	8,762			15,773
	Federal and state tax credit carryforwards	37,449			35,305
	Investment write-downs and write-offs	3,051			3,051
	Interest on nonaccrual loans	1,962			4,047
	Federal and state net operating loss carryforwards	87,757			86,339
	Other	15,486			26,289
	Total deferred tax assets	$	186,343		$	206,966
	Deferred tax liabilities
	Intangible assets	$	13,117		$	14,962
	FHLB stock dividends received	11,848			12,345
	Net unrealized gain on derivatives recognized through AOCI	—			1,786
	Leases	2,755			3,599
	Deferred gain on curtailed retirement plan	3,339			3,339
	Liability on utilization of state tax credits	7,722			7,475
	Other	3,614			15,961
	Total deferred tax liabilities	$	42,395		$	59,467
	Deferred tax valuation allowance	$	6,700		$	147,499
	Net deferred tax assets	$	137,248		$	—

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2013
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
Schedule of components of other comprehensive income (loss)	'
		Before Tax			Tax Effect			Net of Tax
		(Dollars in thousands)
	Year Ended December 31, 2013
	Net unrealized losses on investment securities:
	Net unrealized losses arising during the period	$	(43,687	)	$	(15,577	)	$	(28,110	)
	Less: Reclassification adjustment for gains realized in net income	(6,266		)	(2,511		)	(3,755		)
	Net unrealized losses on investment securities	(49,953		)	(18,088		)	(31,865		)
	Net unrealized gains on derivatives:
	Reclassification adjustment for losses realized in net income	394			(10,599		)	10,993
	Net unrealized gains on derivatives	394			(10,599		)	10,993
	Defined benefit plans:
	Net actuarial gains arising during the period	6,952			2,591			4,361
	Amortization of net actuarial losses	2,461			986			1,475
	Amortization of net transition obligation	17			7			10
	Amortization of prior service cost	18			7			11
	Defined benefit plans, net	9,448			3,591			5,857
	Other comprehensive loss	$	(40,111	)	$	(25,096	)	$	(15,015	)
	Year Ended December 31, 2012
	Net unrealized losses on investment securities:
	Net unrealized losses arising during the period	$	(2,653	)	$	—		$	(2,653	)
	Less: Reclassification adjustment for losses realized in net income	1,382			—			1,382
	Net unrealized losses on investment securities	(1,271		)	—			(1,271		)
	Net unrealized losses on derivatives:
	Reclassification adjustment for gains realized in net income	(434		)	—			(434		)
	Net unrealized losses on derivatives	(434		)	—			(434		)
	Defined benefit plans:
	Net actuarial losses arising during the period	(3,653		)	—			(3,653		)
	Amortization of net actuarial losses	2,381			51			2,330
	Amortization of net transition obligation	17			—			17
	Amortization of prior service cost	17			—			17
	Defined benefit plans, net	(1,238		)	51			(1,289		)
	Other comprehensive loss	$	(2,943	)	$	51		$	(2,994	)
		Before Tax			Tax Effect			Net of Tax
		(Dollars in thousands)
	Year Ended December 31, 2011
	Net unrealized gains on investment securities:
	Net unrealized gains arising during the period	$	22,190		$	—		$	22,190
	Less: Reclassification adjustment for gains realized in net income	(1,164		)	—			(1,164		)
	Net unrealized gains on investment securities	21,026			—			21,026
	Net unrealized losses on derivatives:
	Reclassification adjustment for gains realized in net income	(3,235		)	—			(3,235		)
	Net unrealized losses on derivatives	(3,235		)	—			(3,235		)
	Defined benefit plans:
	Net actuarial losses arising during the period	(3,274		)	—			(3,274		)
	Amortization of net actuarial losses	2,246			70			2,176
	Amortization of net transition obligation	18			—			18
	Amortization of prior service cost	18			—			18
	Defined benefit plans, net	(992		)	70			(1,062		)
	Other comprehensive income	$	16,799		$	70		$	16,729
Schedule of changes in each component of AOCI, net of tax	'
								Defined			Accumulated Other
		Investment						Benefit			Comprehensive
		Securities			Derivatives			Plans			Income (Loss)
		(Dollars in thousands)
	Year Ended December 31, 2013
	Balance at beginning of period	$	22,740		$	(10,993	)	$	(12,577	)	$	(830	)
	Other comprehensive income (loss) before reclassifications	(28,110		)	—			4,361			(23,749		)
	Amounts reclassified from AOCI	(3,755		)	10,993			1,496			8,734
	Total other comprehensive income (loss)	(31,865		)	10,993			5,857			(15,015		)
	Balance at end of period	$	(9,125	)	$	—		$	(6,720	)	$	(15,845	)
	Year Ended December 31, 2012
	Balance at beginning of period	$	24,011		$	(10,559	)	$	(11,288	)	$	2,164
	Other comprehensive loss before reclassifications	(2,653		)	—			(3,653		)	(6,306		)
	Amounts reclassified from AOCI	1,382			(434		)	2,364			3,312
	Total other comprehensive loss	(1,271		)	(434		)	(1,289		)	(2,994		)
	Balance at end of period	$	22,740		$	(10,993	)	$	(12,577	)	$	(830	)
	Year Ended December 31, 2011
	Balance at beginning of period	$	2,985		$	(7,324	)	$	(10,226	)	$	(14,565	)
	Other comprehensive income (loss) before reclassifications	22,190			—			(3,274		)	18,916
	Amounts reclassified from AOCI	(1,164		)	(3,235		)	2,212			(2,187		)
	Total other comprehensive income (loss)	21,026			(3,235		)	(1,062		)	16,729
	Balance at end of period	$	24,011		$	(10,559	)	$	(11,288	)	$	2,164
Schedule of amounts reclassified out of each component of AOCI	'
											Affected Line Item in the
	Details about AOCI Components										Statement Where Net
	(Dollars in thousands)	Amount Reclassified from AOCI									Income is Presented
		Year ended December 31,
		2013			2012			2011
	Sale of investment securities available for sale	$	6,266		$	(1,382	)	$	1,164		Investment securities gain (loss)
		(2,511		)	—			—			Tax expense
		$	3,755		$	(1,382	)	$	1,164		Net of tax
	Unrealized gains (losses) on derivatives	$	(394	)	$	434		$	3,235		Interest income
		(10,599		)	—			—			Tax expense
		$	(10,993	)	$	434		$	3,235		Net of tax
	Amortization of defined benefit plan items
	Net actuarial losses	$	(2,461	)	$	(2,381	)	$	(2,246	)	-1
	Net transition obligation	(17		)	(17		)	(18		)	-1
	Prior service cost	(18		)	(17		)	(18		)	-1
		(2,496		)	(2,415		)	(2,282		)	Total before tax
		1,000			51			70			Tax benefit
		$	(1,496	)	$	(2,364	)	$	(2,212	)	Net of tax
	Total reclassifications for the period	$	(8,734	)	$	(3,312	)	$	2,187		Net of tax
	(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2013
EARNINGS PER SHARE	'
Schedule of information used to compute basic and diluted earnings per share	'
		Year Ended December 31,
		2013		2012		2011
		(In thousands, except per share data)
	Net income	$	172,075	$	47,421	$	36,571
	Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock	—		—		(83,897		)
	Net income available to common shareholders	$	172,075	$	47,421	$	120,468
	Weighted average shares outstanding - basic	41,961		41,720		35,891
	Dilutive effect of employee stock options and awards	341		278		415
	Dilutive effect of deferred salary restricted stock units	1		64		16
	Dilutive effect of Treasury warrants	14		22		20
	Weighted average shares outstanding - diluted	42,317		42,084		36,342
	Basic earnings per share	$	4.1	$	1.14	$	3.36
	Diluted earnings per share	$	4.07	$	1.13	$	3.31

FINANCIAL_INSTRUMENTS_WITH_OFF1

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2013
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'
Schedule of financial instruments with off-balance sheet risk	'
		December 31,
		2013		2012
		(Dollars in thousands)
	Financial instruments whose contract amounts represent credit risk:
	Commitments to extend credit	$	652,717	$	554,477
	Standby letters of credit and financial guarantees written	1,023		13,813
	Financial instruments whose contract amounts exceed the amount of credit risk:
	Interest rate options	37,093		67,072
	Forward interest rate contracts	24,244		49,222

FAIR_VALUE_OF_ASSETS_AND_LIABI1

FAIR VALUE OF ASSETS AND LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2013
FAIR VALUE OF ASSETS AND LIABILITIES	'
Schedule of carrying amount and estimated fair value of financial instruments	'
								Fair Value Measurement Using
								Quoted Prices in						Significant
								Active Markets for			Significant Other			Unobservable
		Carrying			Estimated			Identical Assets			Observable Inputs			Inputs
		amount			fair value			(Level 1)			(Level 2)			(Level 3)
		(Dollars in thousands)
	December 31, 2013
	Financial assets
	Cash and due from banks	$	45,092		$	45,092		$	45,092		$	—		$	—
	Interest-bearing deposits in other banks	4,256			4,256			4,256			—			—
	Investment securities	1,660,046			1,646,704			875			1,635,311			10,518
	Loans held for sale	12,370			12,370			—			—			12,370
	Net loans and leases	2,546,781			2,430,282			—			64,705			2,365,577
	Accrued interest receivable	14,072			14,072			14,072			—			—
	Financial liabilities
	Deposits:
	Noninterest-bearing deposits	891,017			891,017			891,017			—			—
	Interest-bearing demand and savings deposits	1,935,635			1,935,635			1,935,635			—			—
	Time deposits	1,109,521			1,111,319			—			—			1,111,319
	Short-term debt	8,015			8,015			—			8,015			—
	Long-term debt	92,799			39,446			—			39,446			—
	Accrued interest payable (included in other liabilities)	1,040			1,040			1,040			—			—
	Off-balance sheet financial instruments
	Commitments to extend credit	652,717			3,264			—			3,264			—
	Standby letters of credit and financial guarantees written	1,023			8			—			8			—
	Interest rate options	37,093			70			—			70			—
	Forward interest rate contracts	24,244			210			—			210			—
	December 31, 2012
	Financial assets
	Cash and due from banks	$	56,473		$	56,473		$	56,473		$	—		$	—
	Interest-bearing deposits in other banks	120,902			120,902			120,902			—			—
	Investment securities	1,698,593			1,699,273			906			1,685,541			12,826
	Loans held for sale	38,283			38,283			—			—			38,283
	Net loans and leases	2,107,531			2,083,514			—			108,081			1,975,433
	Accrued interest receivable	13,896			13,896			13,896			—			—
	Financial liabilities
	Deposits:
	Noninterest-bearing deposits	843,292			843,292			843,292			—			—
	Interest-bearing demand and savings deposits	1,858,849			1,858,849			1,858,849			—			—
	Time deposits	978,631			981,059			—			—			981,059
	Long-term debt	108,281			43,156			—			43,156			—
	Accrued interest payable (included in other liabilities)	13,131			13,131			13,131			—			—
	Off-balance sheet financial instruments
	Commitments to extend credit	554,477			2,772			—			2,772			—
	Standby letters of credit and financial guarantees written	13,813			104			—			104			—
	Interest rate options	67,072			106			—			106			—
	Forward interest rate contracts	49,222			(353		)	—			(353		)	—
Schedule of balances of assets and liabilities measured at fair value on a recurring basis	'
					Fair Value at Reporting Date Using
		Fair			Quoted Prices in			Significant			Significant
					Active Markets			Other			Unobservable
					for Identical			Observable			Inputs
					Assets			Inputs
		Value			(Level 1)			(Level 2)			(Level 3)
		(Dollars in thousands)
	December 31, 2013
	Available for sale securities:
	Debt securities:
	States and political subdivisions	$	179,357		$	—		$	168,839		$	10,518
	Corporate securities	158,095			—			158,095			—
	Mortgage-backed securities:
	U.S. Government sponsored entities	927,626			—			927,626			—
	Non-agency collateralized mortgage obligations	142,046			—			142,046			—
	Other	875			875			—			—
	Derivatives:
	Interest rate contracts	279			—			279			—
	Total	$	1,408,278		$	875		$	1,396,885		$	10,518
	December 31, 2012
	Available for sale securities:
	Debt securities:
	U.S. Government sponsored entities	$	280,939		$	—		$	280,939		$	—
	States and political subdivisions	185,911			—			173,085			12,826
	Corporate securities	127,946			—			127,946			—
	Mortgage-backed securities:
	U.S. Government sponsored entities	941,043			—			941,043			—
	Other	906			906			—			—
	Derivatives:
	Interest rate contracts	(248		)	—			(248		)	—
	Amended TARP warrant	(819		)	—			(819		)	—
	Total	$	1,535,678		$	906		$	1,521,946		$	12,826
Schedule of changes in Level 3 assets and liabilities measured at fair value on a recurring basis	'
		Available for sale debt
		securities - States and
		political subdivisions
		(Dollars in thousands)
	Balance at December 31, 2011	$	12,994
	Principal payments received	(377		)
	Unrealized net gain included in other comprehensive income	209
	Balance at December 31, 2012	$	12,826
	Principal payments received	(2,797		)
	Purchases, sales, issuances and settlements, net	1,146
	Unrealized net loss included in other comprehensive income	(657		)
	Balance at December 31, 2013	$	10,518
Schedule of level of valuation assumptions used to determine the fair value of assets measured on a nonrecurring basis	'
					Fair Value Measurements Using
					Quoted Prices in			Significant Other			Significant			Total
					Active Markets for			Observable Inputs			Unobservable
					Identical Assets						Inputs
		Fair Value			(Level 1)			(Level 2)			(Level 3)			Losses
		(Dollars in thousands)
	December 31, 2013
	Impaired loans (1)	$	64,705		$	—		$	64,705		$	—		$	3,298
	Other real estate (2)	5,163			—			5,163			—			362
														$	3,660
	December 31, 2012
	Impaired loans (1)	$	108,081		$	—		$	108,081		$	—		$	11,852
	Other real estate (2)	10,686			—			10,686			—			3,529
														$	15,381
	(1) Represents carrying value and related write-downs of loans for which adjustments are based on agreed upon purchase prices for the loans or the appraised value of the collateral.
	(2) Represents other real estate that is carried at the lower of carrying value or fair value less costs to sell. Fair value is generally based upon independent market prices or appraised values of the collateral.

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2013
SEGMENT INFORMATION	'
Schedule of segment profits (losses) and assets	'
		Banking
		Operations			Treasury			All Others			Total
		(Dollars in thousands)
	Year ended December 31, 2013:
	Net interest income	$	101,822		$	31,287		$	—		$	133,109
	Intersegment net interest income (expense)	14,761			(27,807		)	13,046			—
	Credit (provision) for loan and lease losses	11,310			—			—			11,310
	Other operating income	49,294			4,185			1,466			54,945
	Other operating expense	(79,552		)	(3,938		)	(56,046		)	(139,536		)
	Administrative and overhead expense allocation	(55,052		)	(937		)	55,989			—
	Income taxes	117,088			218			(5,059		)	112,247
	Net income	$	159,671		$	3,008		$	9,396		$	172,075
	At December 31, 2013:
	Investment securities	$	—		$	1,660,046		$	—		$	1,660,046
	Loans and leases (including loans held for sale)	2,642,971			—			—			2,642,971
	Other	108,639			257,032			72,510			438,181
	Total assets	$	2,751,610		$	1,917,078		$	72,510		$	4,741,198
	Year ended December 31, 2012:
	Net interest income	$	92,545		$	27,166		$	—		$	119,711
	Intersegment net interest income (expense)	32,954			(22,228		)	(10,726		)	—
	Credit (provision) for loan and lease losses	18,885			—			—			18,885
	Other operating income	55,838			5,209			(304		)	60,743
	Other operating expense	(91,266		)	(1,868		)	(58,784		)	(151,918		)
	Administrative and overhead expense allocation	(57,640		)	(939		)	58,579			—
	Net income (loss)	$	51,316		$	7,340		$	(11,235	)	$	47,421
	At December 31, 2012:
	Investment securities	$	—		$	1,698,593		$	—		$	1,698,593
	Loans and leases (including loans held for sale)	2,242,227			—			—			2,242,227
	Other	(7,267		)	363,815			73,000			429,548
	Total assets	$	2,234,960		$	2,062,408		$	73,000		$	4,370,368
	Year ended December 31, 2011:
	Net interest income	$	95,182		$	22,639		$	—		$	117,821
	Intersegment net interest income (expense)	45,564			(18,609		)	(26,955		)	—
	Credit (provision) for loan and lease losses	40,690			—			—			40,690
	Other operating income	48,686			7,312			1,004			57,002
	Other operating expense	(115,910		)	(7,163		)	(55,869		)	(178,942		)
	Administrative and overhead expense allocation	(54,408		)	(627		)	55,035			—
	Net income (loss)	$	59,804		$	3,552		$	(26,785	)	$	36,571
	At December 31, 2011:
	Investment securities	$	—		$	1,493,925		$	—		$	1,493,925
	Loans and leases (including loans held for sale)	2,114,737			—			—			2,114,737
	Other	23,858			429,141			71,204			524,203
	Total assets	$	2,138,595		$	1,923,066		$	71,204		$	4,132,865

PARENT_COMPANY_AND_REGULATORY_1

PARENT COMPANY AND REGULATORY RESTRICTIONS (Tables)	12 Months Ended
	Dec. 31, 2013
PARENT COMPANY AND REGULATORY RESTRICTIONS	'
Schedule of actual and required capital ratios as well as the minimum capital adequacy requirements applicable generally to all financial institutions	'
	Minimum required for				Minimum required to
		Actual					capital adequacy purposes					be well-capitalized
		Amount			Ratio		Amount			Ratio		Amount		Ratio
		(Dollars in thousands)
	Company
	As of December 31, 2013:
	Leverage capital	$	632,724		13.7	%	$	184,995		4	%	$	231,244	5	%
	Tier 1 risk-based capital	632,724			20.3		124,671			4		187,007		6
	Total risk-based capital	672,317			21.6		249,343			8		311,678		10
	As of December 31, 2012:
	Leverage capital	$	609,394		14.3	%	$	170,176		4	%	$	212,720	5	%
	Tier 1 risk-based capital	609,394			22.5		108,128			4		162,192		6
	Total risk-based capital	644,044			23.8		216,256			8		270,320		10
	Central Pacific Bank
	As of December 31, 2013:
	Leverage capital	$	610,753		13.2	%	$	184,736		4	%	$	230,920	5	%
	Tier 1 risk-based capital	610,753			19.6		124,425			4		186,637		6
	Total risk-based capital	650,216			20.9		248,850			8		311,062		10
	As of December 31, 2012:
	Leverage capital	$	580,860		13.6	%	$	170,274		4	%	$	212,843	5	%
	Tier 1 risk-based capital	580,860			21.5		108,229			4		162,343		6
	Total risk-based capital	615,523			22.7		216,457			8		270,572		10
Schedule of condensed balance sheets	'
		December 31,
		2013			2012
		(Dollars in thousands)
	Assets
	Cash and cash equivalents	$	19,629		$	46,686
	Investment securities available for sale	875			906
	Investment in subsidiary bank, at equity in underlying net assets	710,122			581,248
	Investment in other subsidiaries, at equity in underlying assets	554			549
	Accrued interest receivable and other assets	23,202			6,845
	Total assets	$	754,382		$	636,234
	Liabilities and Shareholders’ Equity
	Long-term debt	$	92,785		$	108,249
	Other liabilities	1,484			23,163
	Total liabilities	94,269			131,412
	Shareholders’ equity:
	Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding none at December 31, 2013 and 2012	—			—
	Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 42,112,633 and 41,867,046 shares at December 31, 2013 and 2012, respectively	784,547			784,512
	Surplus	75,498			70,567
	Accumulated deficit	(184,087		)	(349,427		)
	Accumulated other comprehensive loss	(15,845		)	(830		)
	Total shareholders’ equity	660,113			504,822
	Total liabilities and shareholders’ equity	$	754,382		$	636,234
Schedule of condensed statements of operations	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Income:
	Interest income:
	Interest from subsidiary banks	$	30		$	48		$	109
	Other income	2,001			9			1,047
	Total income	2,031			57			1,156
	Expense:
	Interest on long-term debt	3,118			3,687			3,392
	Other expenses	2,679			3,081			3,584
	Total expenses	5,797			6,768			6,976
	Loss before income taxes and equity in undistributed income of subsidiaries	(3,766		)	(6,711		)	(5,820		)
	Income tax benefit	(31,891		)	—			—
	Income (loss) before equity in undistributed income of subsidiaries	28,125			(6,711		)	(5,820		)
	Equity in undistributed income of subsidiary bank	143,945			54,124			42,377
	Equity in undistributed income of other subsidiaries	5			8			14
	Net income	$	172,075		$	47,421		$	36,571
Schedule of condensed statements of cash flows	'
		Year Ended December 31,
		2013			2012			2011
		(Dollars in thousands)
	Cash flows from operating activities
	Net income	$	172,075		$	47,421		$	36,571
	Adjustments to reconcile net income to net cash provided by (used in) operating activities:
	Deferred income tax benefit	(19,440		)	—			—
	Equity in income of subsidiary bank	(143,945		)	(54,124		)	(42,377		)
	Equity in undistributed income of other subsidiaries	(5		)	(8		)	(14		)
	Share-based compensation	4,931			90			153
	Other, net	(18,548		)	7,681			4,755
	Net cash provided by (used in) operating activities	(4,932		)	1,060			(912		)
	Cash flows from investing activities
	Investment in subsidiary bank	—			—			(283,000		)
	Distribution from unconsolidated subsidiaries	9,000			—			—
	Contributions to unconsolidated subsidiaries	(9,000		)	—			—
	Net cash used in investing activities	—			—			(283,000		)
	Cash flows from financing activities
	Net proceeds from issuance of common stock and stock option exercises	74			—			323,538
	Repayments of long-term debt	(15,464		)	—			—
	Dividends paid	(6,735		)	—			—
	Net cash provided by (used in) financing activities	(22,125		)	—			323,538
	Net increase (decrease) in cash and cash equivalents	(27,057		)	1,060			39,626
	Cash and cash equivalents
	At beginning of year	46,686			45,626			6,000
	At end of year	$	19,629		$	46,686		$	45,626

UNAUDITED_QUARTERLY_FINANCIAL_1

UNAUDITED QUARTERLY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2013
UNAUDITED QUARTERLY FINANCIAL INFORMATION	'
Schedule of unaudited quarterly financial information	'
		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter			Full Year
		(Dollars in thousands, except per share data)
	2013:00:00
	Total interest income	$	32,595		$	34,992		$	35,558		$	37,133		$	140,278
	Total interest expense	1,926			1,819			1,787			1,637			7,169
	Net interest income	30,669			33,173			33,771			35,496			133,109
	Provision (credit) for loan and lease losses	(6,561		)	(227		)	(3,189		)	(1,333		)	(11,310		)
	Net interest income after provision for loan and lease losses	37,230			33,400			36,960			36,829			144,419
	Investment securities gains	—			—			—			482			482
	Income before income taxes	17,507			16,212			12,378			13,731			59,828
	Net income	137,309			14,267			10,204			10,295			172,075
	Basic earnings per share	3.28			0.34			0.24			0.24			4.1
	Diluted earnings per share	3.25			0.34			0.24			0.24			4.07
	2012:00:00
	Total interest income	$	32,903		$	32,479		$	31,674		$	31,389		$	128,445
	Total interest expense	2,401			2,220			2,114			1,999			8,734
	Net interest income	30,502			30,259			29,560			29,390			119,711
	Provision (credit) for loan and lease losses	(4,990		)	(6,630		)	(4,982		)	(2,283		)	(18,885		)
	Net interest income after provision for loan and lease losses	35,492			36,889			34,542			31,673			138,596
	Investment securities gains	—			—			789			—			789
	Income before income taxes	13,478			10,812			10,721			12,410			47,421
	Net income	13,478			10,812			10,721			12,410			47,421
	Basic earnings per share	0.32			0.26			0.26			0.3			1.14
	Diluted earnings per share	0.32			0.26			0.26			0.29			1.13

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

1 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

Feb. 28, 2011

Dec. 31, 2013

Dec. 31, 2011

Feb. 02, 2011

6-May-11

Feb. 17, 2011

Feb. 17, 2011

Dec. 31, 2013

Jun. 06, 2013

Feb. 28, 2011

Dec. 31, 2013

Feb. 18, 2011

Feb. 17, 2011

Apr. 04, 2012

Jun. 22, 2011

Feb. 18, 2011

Feb. 28, 2011

Dec. 31, 2013

Jun. 30, 2013

Feb. 18, 2011

item

Common Stock

Common Stock

Common Stock

Common Stock

Central Pacific Bank

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Rights

Rights

Rights

item

Warrant

Warrant

Warrant

Warrant

Warrant

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Maximum

Warrant

Warrant

Maximum

Maximum

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of branches

'

'

'

'

'

'

'

35

'

'

'

'

'

'

'

'

'

'

'

'

Number of ATMs

'

'

'

'

'

'

'

112

'

'

'

'

'

'

'

'

'

'

'

'

Number of reportable segments

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from private placement offering

$325,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred stock and accrued unpaid dividends converted to common stock

'

'

56,201,000

'

'

'

'

'

'

'

'

'

'

'

'

56,200,000

56,200,000

56,200,000

'

'

Term of warrants

'

'

'

'

'

'

'

'

'

'10 years

'

'

'

'

'

'

'

'

'

'

Number of fractional shares of common stock issued as a result of the Reverse Stock Split

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reverse stock split conversion ratio

'

'

'

0.05

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase price (in dollars per share)

'

'

'

'

$10

$10

'

'

'

'

'

$10

$255.40

'

'

'

'

'

'

'

Securities entitlement to purchase

'

'

'

'

'

'

20,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares exchanged

'

'

'

'

'

'

'

'

'

'

'

'

'

2,770,117

2,850,000

'

'

'

'

'

Number of shares that can be purchased upon exercise of warrants or rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

79,288

79,288

Exercise price of future issues below which an adjustment to current warrant or rights exercise price will be adjusted (in dollars per share)

'

'

'

'

'

'

'

'

'

'

$10

'

'

'

'

'

'

'

'

'

Accepted bid amount of warrant

'

'

'

'

'

'

'

'

$752,000

'

'

'

'

'

'

'

'

'

'

'

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
	loan
Consolidation	'	'
Investments in unconsolidated subsidiaries accounted for under the equity methods	$0.60	$0.70
Investments in unconsolidated subsidiaries accounted for under the cost methods	8.5	10.2
Loans Held for Sale	'	'
Number of types of loans held for sale	2	'
Residential mortgage repurchase reserves	2.9	3.6
Loans	'	'
Holding period limit for placing loans on nonaccrual status	'90 days	'
Interest income recognized	0	'
Leases	'	'
Declined term of lease portfolio	'4 years	'
Leases outstanding balance	$6.20	$10.50
Central Pacific Bank	'	'
Consolidation	'	'
Number of wholly-owned subsidiaries	2	'
Pacific Access Mortgage, LLC	'	'
Consolidation	'	'
Ownership interest (as a percent)	50.00%	'
Gentry Home Loans, LLC	'	'
Consolidation	'	'
Ownership interest (as a percent)	50.00%	'
Haseko HomeLoans, LLC	'	'
Consolidation	'	'
Ownership interest (as a percent)	50.00%	'
Island Pacific HomeLoans, LLC	'	'
Consolidation	'	'
Ownership interest (as a percent)	50.00%	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013
In Millions, unless otherwise specified			Consumer loans	Real estate, Mortgage - Residential
Allowance for Loan and Lease Losses	'	'	'	'
Charged off or written down period	'	'	'90 days	'90 days
Reserve for unfunded loan commitments	$2.10	$5.60	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4)	12 Months Ended
	Dec. 31, 2013
Premises and improvements | Minimum	'
Premises and Equipment	'
Useful life	'5 years
Premises and improvements | Maximum	'
Premises and Equipment	'
Useful life	'39 years
Equipment | Minimum	'
Premises and Equipment	'
Useful life	'1 year
Equipment | Maximum	'
Premises and Equipment	'
Useful life	'7 years

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5) (USD $)	12 Months Ended	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Jun. 30, 2012	Dec. 31, 2013
		Customer relationships and non-compete agreements	Core Deposit Premium
Other Intangible Assets	'	'	'
Amortization Period	'	'	'14 years
Impairment charges	$917	$900	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6) (USD $)	12 Months Ended	3 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2013
		CPB Real Estate, Inc.	Citibank Properties, Inc.
		Non-controlling interest	Non-controlling interest
Non-Controlling Interest	'	'	'
Repurchased amount of preferred stock	'	$7,600,000	$2,100,000
Premium paid on repurchases of preferred stock	$1,895,000	$1,800,000	$200,000

RESERVE_REQUIREMENTS_Details

RESERVE REQUIREMENTS (Details) (Central Pacific Bank, USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Central Pacific Bank	'	'
RESERVE REQUIREMENTS	'	'
Amount held as a reserve	$48.50	$57.40

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Held to Maturity	'	'
Amortized cost	$252,047	$161,848
Estimated fair value	238,705	162,528
Available for Sale	'	'
Amortized cost	1,433,296	1,514,005
Gross unrealized gains	9,469	25,520
Gross unrealized losses	-34,766	-2,780
Total	1,407,999	1,536,745
U.S. Government sponsored entities debt securities	'	'
Available for Sale	'	'
Amortized cost	'	278,198
Gross unrealized gains	'	2,741
Total	'	280,939
States and political subdivisions debt securities	'	'
Available for Sale	'	'
Amortized cost	191,158	184,274
Gross unrealized gains	305	2,831
Gross unrealized losses	-12,106	-1,194
Total	179,357	185,911
Corporations debt securities	'	'
Available for Sale	'	'
Amortized cost	157,337	125,649
Gross unrealized gains	1,878	2,360
Gross unrealized losses	-1,120	-63
Total	158,095	127,946
U.S. Government sponsored entities mortgage-backed securities	'	'
Held to Maturity	'	'
Amortized cost	252,047	161,848
Gross unrealized gains	'	695
Gross unrealized losses	-13,342	-15
Estimated fair value	238,705	162,528
Available for Sale	'	'
Amortized cost	936,144	925,018
Gross unrealized gains	7,085	17,548
Gross unrealized losses	-15,603	-1,523
Total	927,626	941,043
Non-agency collateralized mortgage obligations mortgage-backed securities	'	'
Available for Sale	'	'
Amortized cost	147,902	'
Gross unrealized gains	81	'
Gross unrealized losses	-5,937	'
Total	142,046	'
Other	'	'
Available for Sale	'	'
Amortized cost	755	866
Gross unrealized gains	120	40
Total	$875	$906

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended		12 Months Ended
	Dec. 31, 2013	Sep. 30, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Held to Maturity, Amortized Cost	'	'	'	'	'
Mortgage-backed securities	$252,047,000	'	$252,047,000	'	'
Held to Maturity, Estimated Fair Value	'	'	'	'	'
Mortgage-backed securities	238,705,000	'	238,705,000	'	'
Available for Sale, Amortized Cost	'	'	'	'	'
Due after one year through five years	87,349,000	'	87,349,000	'	'
Due after five years through ten years	134,337,000	'	134,337,000	'	'
Due after ten years	126,809,000	'	126,809,000	'	'
Mortgage-backed securities	1,084,046,000	'	1,084,046,000	'	'
Other	755,000	'	755,000	'	'
Total	1,433,296,000	'	1,433,296,000	'	'
Available for Sale, Estimated Fair Value	'	'	'	'	'
Due after one year through five years	88,819,000	'	88,819,000	'	'
Due after five years through ten years	131,223,000	'	131,223,000	'	'
Due after ten years	117,410,000	'	117,410,000	'	'
Mortgage-backed securities	1,069,672,000	'	1,069,672,000	'	'
Other	875,000	'	875,000	'	'
Total	1,407,999,000	'	1,407,999,000	1,536,745,000	'
Available for sale	'	'	'	'	'
Gross proceeds from sale of available for sale investment securities	271,500,000	124,700,000	271,931,000	130,076,000	137,980,000
Gross realized gains on the sales of the available for sale investment securities	'	700,000	3,900,000	1,700,000	1,400,000
Gross realized losses on the sales of the available for sale investment securities	'	'	3,400,000	900,000	100,000
Average net yield of available for sale mortgage backed securities sold (as a percent)	1.87%	0.60%	'	'	'
Weighted average life of available for sale mortgage backed securities sold	'2 years 10 months 24 days	'1 year 3 months 18 days	'	'	'
Investment in available-for-sale securities	242,500,000	'	'	'	'
Net realized gains on the sales of the available for sale investment securities	500,000	'	'	'	'
Investment in held to maturity investments	'	133,200,000	'	'	'
Average yield of held to maturity investments (as a percent)	'	1.88%	'	'	'
Weighted average life of held to maturity	'	'5 years 3 months 18 days	'	'	'
Investment securities pledged to party with no right to sell or repledge the collateral	$914,100,000	'	$914,100,000	$905,500,000	'
Non-agency commercial mortgage-backed securities and corporate bond securities	'	'	'	'	'
Available for sale	'	'	'	'	'
Average net yield of available for sale mortgage backed securities sold (as a percent)	3.21%	'	'	'	'
Weighted average life of available for sale mortgage backed securities sold	'7 years 4 months 24 days	'	'	'	'

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	investment	investment
INVESTMENT SECURITIES	'	'
Number of investment securities in an unrealized loss position	321	118
Total temporary impaired securities	'	'
Less than 12 months, Fair Value	$1,252,120	$303,314
Less than 12 months, Unrealized Losses	-44,428	-2,795
12 months or longer, Fair Value	37,595	'
12 months or longer, Unrealized Losses	-3,680	'
Total, Fair Value	1,289,715	303,314
Total, Unrealized Losses	-48,108	-2,795
States and political subdivisions debt securities	'	'
Total temporary impaired securities	'	'
Less than 12 months, Fair Value	137,176	73,128
Less than 12 months, Unrealized Losses	-8,985	-1,194
12 months or longer, Fair Value	32,747	'
12 months or longer, Unrealized Losses	-3,121	'
Total, Fair Value	169,923	73,128
Total, Unrealized Losses	-12,106	-1,194
Corporations debt securities	'	'
Total temporary impaired securities	'	'
Less than 12 months, Fair Value	75,368	23,205
Less than 12 months, Unrealized Losses	-1,120	-63
Total, Fair Value	75,368	23,205
Total, Unrealized Losses	-1,120	-63
U.S. Government sponsored entities mortgage-backed securities	'	'
Total temporary impaired securities	'	'
Less than 12 months, Fair Value	909,585	206,981
Less than 12 months, Unrealized Losses	-28,386	-1,538
12 months or longer, Fair Value	4,848	'
12 months or longer, Unrealized Losses	-559	'
Total, Fair Value	914,433	206,981
Total, Unrealized Losses	-28,945	-1,538
Non-agency collateralized mortgage obligations mortgage-backed securities	'	'
Total temporary impaired securities	'	'
Less than 12 months, Fair Value	129,991	'
Less than 12 months, Unrealized Losses	-5,937	'
Total, Fair Value	129,991	'
Total, Unrealized Losses	($5,937)	'

LOANS_AND_LEASES_Details

LOANS AND LEASES (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	loan	loan
LOANS AND LEASES	'	'	'
Loans and leases, gross	$2,631,158,000	$2,205,188,000	'
Unearned income	-557,000	-1,244,000	'
Total loans and leases	2,630,601,000	2,203,944,000	'
Number of collateral portfolio loans transferred to other real estate	12	20	'
Carrying value of collateral portfolio loans transferred to other real estate	4,358,000	4,846,000	47,064,000
Number of loans purchased or sold	'	0	'
Number of loans transferred to held-for-sale category	'	3	'
Number of non-performing loans transferred to held-for-sale category	'	2	'
Carrying value of non-performing loans transferred to held-for-sale category	'	1,487,000	13,639,000
Activity of loans made to certain directors, executive officers and their affiliates	'	'	'
Balance, beginning of year	1,501,000	4,579,000	'
Additions	17,487,000	2,348,000	'
Repayments	-6,046,000	-5,426,000	'
Balance, end of year	12,942,000	1,501,000	4,579,000
Auto loan portfolio	'	'	'
LOANS AND LEASES	'	'	'
Carrying value of loan purchased	67,700,000	'	'
Premium value of loan purchased	2,800,000	'	'
Outstanding value of loan purchased	64,900,000	'	'
Weighted average remaining term	'72 months	'	'
Student loan portfolio	'	'	'
LOANS AND LEASES	'	'	'
Carrying value of loan purchased	17,400,000	'	'
Weighted average remaining term	'122 months	'	'
Commercial, financial and agricultural	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	398,365,000	246,278,000	'
Unearned income	351,000	-60,000	'
Total loans and leases	398,716,000	246,218,000	'
Real estate, Construction	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	75,927,000	96,240,000	'
Unearned income	-311,000	-46,000	'
Total loans and leases	75,616,000	96,194,000	'
Real estate, Mortgage - residential	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	1,237,841,000	1,035,273,000	'
Unearned income	1,418,000	124,000	'
Total loans and leases	1,239,259,000	1,035,397,000	'
Real estate, Mortgage - commercial	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	601,114,000	673,506,000	'
Unearned income	-1,033,000	-1,258,000	'
Total loans and leases	600,081,000	672,248,000	'
Consumer	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	311,670,000	143,387,000	'
Unearned income	-982,000	-4,000	'
Total loans and leases	310,688,000	143,383,000	'
Leases	'	'	'
LOANS AND LEASES	'	'	'
Loans and leases, gross	6,241,000	10,504,000	'
Total loans and leases	$6,241,000	$10,504,000	'

LOANS_AND_LEASES_Details_2

LOANS AND LEASES (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Allowance for loan and lease losses :	'	'	'	'
Total ending balance	$83,820	$96,413	$122,093	$192,854
Loans and leases :	'	'	'	'
Individually evaluated for impairment	65,054	111,092	'	'
Collectively evaluated for impairment	2,566,104	2,094,096	'	'
Loans and leases	2,631,158	2,205,188	'	'
Unearned income	-557	-1,244	'	'
Total loans and leases	2,630,601	2,203,944	'	'
Allocated	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	349	3,011	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	77,471	87,402	'	'
Total ending balance	77,820	90,413	'	'
Commercial, Financial & Agricultural	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	349	882	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	12,847	4,105	'	'
Total ending balance	13,196	4,987	6,110	13,426
Loans and leases :	'	'	'	'
Individually evaluated for impairment	3,939	3,957	'	'
Collectively evaluated for impairment	394,426	242,321	'	'
Loans and leases	398,365	246,278	'	'
Unearned income	351	-60	'	'
Total loans and leases	398,716	246,218	'	'
Real estate, Construction	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	'	1,582	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	2,774	2,928	'	'
Total ending balance	2,774	4,510	28,630	76,556
Loans and leases :	'	'	'	'
Individually evaluated for impairment	8,065	48,264	'	'
Collectively evaluated for impairment	67,862	47,976	'	'
Loans and leases	75,927	96,240	'	'
Unearned income	-311	-46	'	'
Total loans and leases	75,616	96,194	'	'
Real estate, Mortgage - Residential	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	'	272	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	28,441	29,638	'	'
Total ending balance	28,441	29,910	32,736	31,830
Loans and leases :	'	'	'	'
Individually evaluated for impairment	36,779	42,865	'	'
Collectively evaluated for impairment	1,201,062	992,408	'	'
Loans and leases	1,237,841	1,035,273	'	'
Unearned income	1,418	124	'	'
Total loans and leases	1,239,259	1,035,397	'	'
Real estate, Mortgage - Commercial	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	'	270	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	26,778	48,230	'	'
Total ending balance	26,778	48,500	47,729	64,308
Loans and leases :	'	'	'	'
Individually evaluated for impairment	16,271	15,911	'	'
Collectively evaluated for impairment	584,843	657,595	'	'
Loans and leases	601,114	673,506	'	'
Unearned income	-1,033	-1,258	'	'
Total loans and leases	600,081	672,248	'	'
Consumer	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	6,576	2,421	'	'
Total ending balance	6,576	2,421	2,335	3,155
Loans and leases :	'	'	'	'
Collectively evaluated for impairment	311,670	143,387	'	'
Loans and leases	311,670	143,387	'	'
Unearned income	-982	-4	'	'
Total loans and leases	310,688	143,383	'	'
Leases	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Ending balance attributable to loans : Individually evaluated for impairment	'	5	'	'
Ending balance attributable to loans : Collectively evaluated for impairment	55	80	'	'
Total ending balance	55	85	553	1,579
Loans and leases :	'	'	'	'
Individually evaluated for impairment	'	95	'	'
Collectively evaluated for impairment	6,241	10,409	'	'
Loans and leases	6,241	10,504	'	'
Total loans and leases	6,241	10,504	'	'
Unallocated	'	'	'	'
Allowance for loan and lease losses :	'	'	'	'
Total ending balance	$6,000	$6,000	$4,000	$2,000

LOANS_AND_LEASES_Details_3

LOANS AND LEASES (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Unpaid Principal Balance	'	'	'	'
Impaired loans with no related allowance recorded	$78,990	$114,557	'	'
Impaired loans with an allowance recorded	4,367	24,454	'	'
Total	83,357	139,011	'	'
Recorded Investment	'	'	'	'
Impaired loans with no related allowance recorded	62,155	92,295	'	'
Impaired loans with an allowance recorded	2,899	18,797	'	'
Total	65,054	111,092	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	349	3,011	772	19,525
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	88,201	126,473	193,539	'
Interest income recognized on impaired loans	'	'	'	'
Interest Income Recognized	2,885	1,624	1,857	'
Commercial, financial & agricultural	'	'	'	'
Unpaid Principal Balance	'	'	'	'
Impaired loans with no related allowance recorded	1,069	1,225	'	'
Impaired loans with an allowance recorded	4,367	4,807	'	'
Recorded Investment	'	'	'	'
Impaired loans with no related allowance recorded	1,040	526	'	'
Impaired loans with an allowance recorded	2,899	3,431	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	349	882	'	'
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	4,138	3,486	549	'
Interest income recognized on impaired loans	'	'	'	'
Interest Income Recognized	24	39	'	'
Real estate, Construction	'	'	'	'
Unpaid Principal Balance	'	'	'	'
Impaired loans with no related allowance recorded	14,451	52,352	'	'
Impaired loans with an allowance recorded	'	13,678	'	'
Recorded Investment	'	'	'	'
Impaired loans with no related allowance recorded	8,065	36,664	'	'
Impaired loans with an allowance recorded	'	11,600	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	'	1,582	'	'
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	24,545	56,762	115,612	'
Interest income recognized on impaired loans	'	'	'	'
Interest Income Recognized	1,442	771	772	'
Real estate, Mortgage - residential	'	'	'	'
Unpaid Principal Balance	'	'	'	'
Impaired loans with no related allowance recorded	41,117	47,364	'	'
Impaired loans with an allowance recorded	'	1,935	'	'
Recorded Investment	'	'	'	'
Impaired loans with no related allowance recorded	36,779	41,894	'	'
Impaired loans with an allowance recorded	'	971	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	'	272	'	'
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	38,378	47,240	58,262	'
Interest income recognized on impaired loans	'	'	'	'
Interest Income Recognized	586	308	616	'
Real estate, Mortgage - commercial	'	'	'	'
Unpaid Principal Balance	'	'	'	'
Impaired loans with no related allowance recorded	22,353	13,616	'	'
Impaired loans with an allowance recorded	'	3,939	'	'
Recorded Investment	'	'	'	'
Impaired loans with no related allowance recorded	16,271	13,211	'	'
Impaired loans with an allowance recorded	'	2,700	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	'	270	'	'
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	21,107	18,852	19,116	'
Interest income recognized on impaired loans	'	'	'	'
Interest Income Recognized	833	506	469	'
Leases	'	'	'	'
Unpaid Principal Balance	'	'	'	'
Impaired loans with an allowance recorded	'	95	'	'
Recorded Investment	'	'	'	'
Impaired loans with an allowance recorded	'	95	'	'
Allowance Allocated	'	'	'	'
Impaired loans with an allowance recorded	'	5	'	'
Average recorded investment on impaired loans	'	'	'	'
Average Recorded Investment	$33	$133	'	'

LOANS_AND_LEASES_Details_4

LOANS AND LEASES (Details 4) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	$5,069,000	$9,045,000	'
60 - 89 Days Past Due	2,097,000	898,000	'
Accruing Loans Greater than 90 Days Past Due	15,000	503,000	'
Nonaccrual Loans	41,588,000	79,332,000	'
Total Past Due	48,769,000	89,778,000	'
Loans and Leases Not Past Due	2,581,832,000	2,114,166,000	'
Total loans and leases	2,630,601,000	2,203,944,000	'
Interest income recognized on nonaccrual loans, including loans held for sale	400,000	700,000	800,000
Additional interest income that would have been recognized, had nonaccrual loans been accruing interest throughout	4,900,000	10,100,000	14,200,000
Interest income collected and recognized on charged-off loans	2,500,000	800,000	700,000
Commercial, financial & agricultural	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	50,000	123,000	'
60 - 89 Days Past Due	'	139,000	'
Nonaccrual Loans	3,533,000	3,510,000	'
Total Past Due	3,583,000	3,772,000	'
Loans and Leases Not Past Due	395,133,000	242,446,000	'
Total loans and leases	398,716,000	246,218,000	'
Real estate, Construction	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	'	124,000	'
60 - 89 Days Past Due	120,000	'	'
Nonaccrual Loans	4,015,000	38,742,000	'
Total Past Due	4,135,000	38,866,000	'
Loans and Leases Not Past Due	71,481,000	57,328,000	'
Total loans and leases	75,616,000	96,194,000	'
Real estate, Mortgage - residential	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	3,898,000	8,330,000	'
60 - 89 Days Past Due	1,885,000	590,000	'
Accruing Loans Greater than 90 Days Past Due	'	387,000	'
Nonaccrual Loans	20,271,000	27,499,000	'
Total Past Due	26,054,000	36,806,000	'
Loans and Leases Not Past Due	1,213,205,000	998,591,000	'
Total loans and leases	1,239,259,000	1,035,397,000	'
Real estate, Mortgage - commercial	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	544,000	219,000	'
Nonaccrual Loans	13,769,000	9,487,000	'
Total Past Due	14,313,000	9,706,000	'
Loans and Leases Not Past Due	585,768,000	662,542,000	'
Total loans and leases	600,081,000	672,248,000	'
Consumer	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
30 - 59 Days Past Due	577,000	249,000	'
60 - 89 Days Past Due	92,000	169,000	'
Accruing Loans Greater than 90 Days Past Due	'	116,000	'
Total Past Due	669,000	534,000	'
Loans and Leases Not Past Due	310,019,000	142,849,000	'
Total loans and leases	310,688,000	143,383,000	'
Leases	'	'	'
Aging Analysis of Accruing and Non-Accruing Loans and Leases	'	'	'
Accruing Loans Greater than 90 Days Past Due	15,000	'	'
Nonaccrual Loans	'	94,000	'
Total Past Due	15,000	94,000	'
Loans and Leases Not Past Due	6,226,000	10,410,000	'
Total loans and leases	$6,241,000	$10,504,000	'

LOANS_AND_LEASES_Details_5

LOANS AND LEASES (Details 5) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
	contract	contract
Information related to loans modified in a TDR	'	'
Loans which were more than 90 days delinquent	$0	$0
Amount of TDRs still accruing interest	23,300,000	31,800,000
Commitments to lend additional funds	0	'
Holding period limit for accruing interest on TDRs	'90 days	'
Number of Contracts	10	28
Recorded Investment	12,213,000	24,473,000
Increase in the allowance	'	427,000
Loans modified as a TDR within the previous twelve months that subsequently defaulted	'	'
Number of Contracts	1	13
Recorded Investment	517,000	12,732,000
Construction and development loans | Hawaii	'	'
Information related to loans modified in a TDR	'	'
Number of TDRs included in nonperforming assets	3	'
Combined principal balance of troubled debt restructurings included in nonperforming assets	1,300,000	'
Commercial, financial & agricultural	'	'
Information related to loans modified in a TDR	'	'
Number of Contracts	1	4
Recorded Investment	517,000	447,000
Loans modified as a TDR within the previous twelve months that subsequently defaulted	'	'
Number of Contracts	1	'
Recorded Investment	517,000	'
Real estate: construction	'	'
Information related to loans modified in a TDR	'	'
Number of Contracts	1	8
Recorded Investment	178,000	11,120,000
Loans modified as a TDR within the previous twelve months that subsequently defaulted	'	'
Number of Contracts	'	7
Recorded Investment	'	5,949,000
Commercial loans | Hawaii	'	'
Information related to loans modified in a TDR	'	'
Combined principal balance of troubled debt restructurings included in nonperforming assets	500,000	'
Real estate, Mortgage - residential	'	'
Information related to loans modified in a TDR	'	'
Number of Contracts	7	10
Recorded Investment	2,566,000	3,782,000
Increase in the allowance	'	427,000
Loans modified as a TDR within the previous twelve months that subsequently defaulted	'	'
Number of Contracts	'	4
Recorded Investment	'	893,000
Real estate, Mortgage - residential | Hawaii	'	'
Information related to loans modified in a TDR	'	'
Number of TDRs included in nonperforming assets	42	'
Combined principal balance of troubled debt restructurings included in nonperforming assets	12,500,000	'
Real estate, Mortgage - commercial	'	'
Information related to loans modified in a TDR	'	'
Number of Contracts	1	6
Recorded Investment	8,952,000	9,124,000
Loans modified as a TDR within the previous twelve months that subsequently defaulted	'	'
Number of Contracts	'	2
Recorded Investment	'	5,890,000
Real estate, Mortgage - commercial | Hawaii	'	'
Information related to loans modified in a TDR	'	'
Number of TDRs included in nonperforming assets	1	'
Real estate, Mortgage - commercial | U.S Mainland	'	'
Information related to loans modified in a TDR	'	'
Number of TDRs included in nonperforming assets	1	'
Combined principal balance of troubled debt restructurings included in nonperforming assets	$9,000,000	'

LOANS_AND_LEASES_Details_6

LOANS AND LEASES (Details 6) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	$2,631,158	$2,205,188
Less: Unearned Income	557	1,244
Total	2,630,601	2,203,944
Commercial, financial & agricultural	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	398,365	246,278
Less: Unearned Income	-351	60
Total	398,716	246,218
Real estate, Construction	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	75,927	96,240
Less: Unearned Income	311	46
Total	75,616	96,194
Real estate, Mortgage - residential	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	1,237,841	1,035,273
Less: Unearned Income	-1,418	-124
Total	1,239,259	1,035,397
Real estate, Mortgage - commercial	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	601,114	673,506
Less: Unearned Income	1,033	1,258
Total	600,081	672,248
Consumer	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	311,670	143,387
Less: Unearned Income	982	4
Total	310,688	143,383
Leases	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	6,241	10,504
Total	6,241	10,504
Pass	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	2,521,755	2,008,705
Pass | Commercial, financial & agricultural	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	371,285	232,062
Pass | Real estate, Construction	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	67,435	42,619
Pass | Real estate, Mortgage - residential	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	1,213,636	1,003,268
Pass | Real estate, Mortgage - commercial	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	551,488	577,638
Pass | Consumer	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	311,670	143,258
Pass | Leases	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	6,241	9,860
Special Mention	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	47,039	82,741
Special Mention | Commercial, financial & agricultural	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	21,511	6,609
Special Mention | Real estate, Construction	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	4,477	9,635
Special Mention | Real estate, Mortgage - residential	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	845	1,109
Special Mention | Real estate, Mortgage - commercial	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	20,206	65,114
Special Mention | Leases	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	'	274
Substandard	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	62,364	113,742
Substandard | Commercial, financial & agricultural	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	5,569	7,607
Substandard | Real estate, Construction	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	4,015	43,986
Substandard | Real estate, Mortgage - residential	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	23,360	30,896
Substandard | Real estate, Mortgage - commercial	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	29,420	30,754
Substandard | Consumer	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	'	129
Substandard | Leases	'	'
Recorded investment in the loans and leases, by class and credit indicator	'	'
Loans and leases, gross	'	$370

ALLOWANCE_FOR_LOAN_AND_LEASE_L2

ALLOWANCE FOR LOAN AND LEASE LOSSES (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	$96,413	'	'	'	$122,093	$96,413	$122,093	$192,854
Provision (credit) for loan and lease losses	-1,333	-3,189	-227	-6,561	-2,283	-4,982	-6,630	-4,990	-11,310	-18,885	-40,690
Subtotal	'	'	'	'	'	'	'	'	85,103	103,208	152,164
Charge-offs	'	'	'	'	'	'	'	'	12,616	17,429	41,543
Recoveries	'	'	'	'	'	'	'	'	11,333	10,634	11,472
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	1,283	6,795	30,071
Ending balance	83,820	'	'	'	96,413	'	'	'	83,820	96,413	122,093
Commercial, financial and agricultural	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	4,987	'	'	'	6,110	4,987	6,110	13,426
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	9,634	1,042	-6,720
Subtotal	'	'	'	'	'	'	'	'	14,621	7,152	6,706
Charge-offs	'	'	'	'	'	'	'	'	2,812	3,779	2,401
Recoveries	'	'	'	'	'	'	'	'	1,387	1,614	1,805
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	1,425	2,165	596
Ending balance	13,196	'	'	'	4,987	'	'	'	13,196	4,987	6,110
Real estate, Construction	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	4,510	'	'	'	28,630	4,510	28,630	76,556
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	-4,974	-22,307	-23,073
Subtotal	'	'	'	'	'	'	'	'	-464	6,323	53,483
Charge-offs	'	'	'	'	'	'	'	'	358	8,435	31,371
Recoveries	'	'	'	'	'	'	'	'	3,596	6,622	6,518
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	-3,238	1,813	24,853
Ending balance	2,774	'	'	'	4,510	'	'	'	2,774	4,510	28,630
Real estate, Mortgage - residential	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	29,910	'	'	'	32,736	29,910	32,736	31,830
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	-1,493	-2,038	3,569
Subtotal	'	'	'	'	'	'	'	'	28,417	30,698	35,399
Charge-offs	'	'	'	'	'	'	'	'	1,083	1,664	4,347
Recoveries	'	'	'	'	'	'	'	'	1,107	876	1,684
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	-24	788	2,663
Ending balance	28,441	'	'	'	29,910	'	'	'	28,441	29,910	32,736
Real estate, Mortgage - commercial	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	48,500	'	'	'	47,729	48,500	47,729	64,308
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	-19,194	2,316	-15,664
Subtotal	'	'	'	'	'	'	'	'	29,306	50,045	48,644
Charge-offs	'	'	'	'	'	'	'	'	6,768	2,033	1,298
Recoveries	'	'	'	'	'	'	'	'	4,240	488	383
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	2,528	1,545	915
Ending balance	26,778	'	'	'	48,500	'	'	'	26,778	48,500	47,729
Consumer	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	2,421	'	'	'	2,335	2,421	2,335	3,155
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	5,093	547	214
Subtotal	'	'	'	'	'	'	'	'	7,514	2,882	3,369
Charge-offs	'	'	'	'	'	'	'	'	1,595	1,490	2,116
Recoveries	'	'	'	'	'	'	'	'	657	1,029	1,082
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	938	461	1,034
Ending balance	6,576	'	'	'	2,421	'	'	'	6,576	2,421	2,335
Leases	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	85	'	'	'	553	85	553	1,579
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	-376	-445	-1,016
Subtotal	'	'	'	'	'	'	'	'	-291	108	563
Charge-offs	'	'	'	'	'	'	'	'	'	28	10
Recoveries	'	'	'	'	'	'	'	'	346	5	'
Net charge-offs (recoveries)	'	'	'	'	'	'	'	'	-346	23	10
Ending balance	55	'	'	'	85	'	'	'	55	85	553
Unallocated	'	'	'	'	'	'	'	'	'	'	'
Changes in the allowance	'	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	6,000	'	'	'	4,000	6,000	4,000	2,000
Provision (credit) for loan and lease losses	'	'	'	'	'	'	'	'	'	2,000	2,000
Subtotal	'	'	'	'	'	'	'	'	6,000	6,000	4,000
Ending balance	$6,000	'	'	'	$6,000	'	'	'	$6,000	$6,000	$4,000

ALLOWANCE_FOR_LOAN_AND_LEASE_L3

ALLOWANCE FOR LOAN AND LEASE LOSSES (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Changes in the allowance for loan and lease losses for impaired loans	'	'	'
Balance, beginning of year	$3,011	$772	$19,525
Provision for loan and lease losses	'	2,520	333
Other changes	-2,662	-281	-19,086
Balance, end of year	$349	$3,011	$772

SECURITIZATIONS_Details

SECURITIZATIONS (Details) (Residential mortgage-backed securities, Quoted prices of similar instruments in active markets, USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Residential mortgage-backed securities | Quoted prices of similar instruments in active markets	'	'
SECURITIZATIONS	'	'
Fair value	$3.80	$6.30
Unrealized gains recorded in AOCI	$0.20	$0.40

PREMISES_AND_EQUIPMENT_Details

PREMISES AND EQUIPMENT (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Premises and Equipment	'	'
Gross premises and equipment	$140,571	$135,498
Accumulated depreciation and amortization	-91,532	-86,739
Net premises and equipment	49,039	48,759
Land	'	'
Premises and Equipment	'	'
Gross premises and equipment	9,006	9,006
Office buildings and improvements	'	'
Premises and Equipment	'	'
Gross premises and equipment	94,888	91,512
Furniture, fixtures and equipment	'	'
Premises and Equipment	'	'
Gross premises and equipment	$36,677	$34,980

PREMISES_AND_EQUIPMENT_Details1

PREMISES AND EQUIPMENT (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating expenses to which depreciation and amortization were charged	'	'	'
Depreciation and amortization	$6,007	$6,351	$6,724
Net occupancy	'	'	'
Operating expenses to which depreciation and amortization were charged	'	'	'
Depreciation and amortization	3,702	3,723	3,641
Equipment	'	'	'
Operating expenses to which depreciation and amortization were charged	'	'	'
Depreciation and amortization	$2,305	$2,628	$3,083

OTHER_INTANGIBLE_ASSETS_Detail

OTHER INTANGIBLE ASSETS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Changes in other intangible assets	'	'	'
Balance, beginning of period	$37,499	$41,986	'
Additions	2,702	5,692	'
Amortization	-7,418	-9,262	'
Impairment charges	'	-917	'
Balance, end of period	32,783	37,499	41,986
Gross carrying value, accumulated amortization and net carrying value related to intangible assets	'	'	'
Gross Carrying Value	99,083	98,081	'
Accumulated Amortization	-66,300	-60,582	'
Net Carrying Value	32,783	37,499	41,986
Estimated Amortization Expense	'	'	'
2014	5,126	'	'
2015	4,343	'	'
2016	3,773	'	'
2017	3,343	'	'
2018	2,304	'	'
Thereafter	13,894	'	'
Net Carrying Value	32,783	37,499	41,986
Other disclosures	'	'	'
Income generated as a result of new mortgage servicing rights reported as gains on sale of loans	9,986	17,095	8,050
Fair market value and key assumptions used in determining the fair market value	'	'	'
Fair market value, beginning of period	2,700,000	'	'
Fair market value, end of period	2,400,000	2,700,000	'
Core Deposit Premium	'	'	'
Changes in other intangible assets	'	'	'
Balance, beginning of period	15,378	18,053	'
Amortization	-2,674	-2,675	'
Balance, end of period	12,704	15,378	'
Gross carrying value, accumulated amortization and net carrying value related to intangible assets	'	'	'
Gross Carrying Value	44,642	44,642	'
Accumulated Amortization	-31,938	-29,264	'
Net Carrying Value	12,704	15,378	'
Estimated Amortization Expense	'	'	'
2014	2,674	'	'
2015	2,674	'	'
2016	2,674	'	'
2017	2,674	'	'
2018	2,008	'	'
Net Carrying Value	12,704	15,378	'
Mortgage Servicing Rights	'	'	'
Changes in other intangible assets	'	'	'
Balance, beginning of period	22,121	22,933	'
Additions	2,702	5,692	'
Amortization	-4,744	-6,504	'
Balance, end of period	20,079	22,121	22,933
Gross carrying value, accumulated amortization and net carrying value related to intangible assets	'	'	'
Gross Carrying Value	54,441	51,739	'
Accumulated Amortization	-34,362	-29,618	'
Net Carrying Value	20,079	22,121	22,933
Estimated Amortization Expense	'	'	'
2014	2,452	'	'
2015	1,669	'	'
2016	1,099	'	'
2017	669	'	'
2018	296	'	'
Thereafter	13,894	'	'
Net Carrying Value	20,079	22,121	22,933
Other disclosures	'	'	'
Income generated as a result of new mortgage servicing rights reported as gains on sale of loans	2,700	5,700	4,400
Fair market value and key assumptions used in determining the fair market value	'	'	'
Fair market value, beginning of period	22,356	23,149	'
Fair market value, end of period	21,399	22,356	23,149
Weighted average discount rate (as a percent)	8.00%	8.00%	'
Weighted average prepayment speed assumption (as a percent)	13.60%	14.00%	'
Customer Relationships	'	'	'
Changes in other intangible assets	'	'	'
Balance, beginning of period	'	910	'
Amortization	'	-58	'
Impairment charges	'	-852	'
Gross carrying value, accumulated amortization and net carrying value related to intangible assets	'	'	'
Gross Carrying Value	'	1,400	'
Accumulated Amortization	'	-1,400	'
Non-compete Agreements	'	'	'
Changes in other intangible assets	'	'	'
Balance, beginning of period	'	90	'
Amortization	'	-25	'
Impairment charges	'	-65	'
Gross carrying value, accumulated amortization and net carrying value related to intangible assets	'	'	'
Gross Carrying Value	'	300	'
Accumulated Amortization	'	($300)	'

DERIVATIVES_Details

DERIVATIVES (Details) (Derivatives not designated as hedging instruments, USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Interest rate lock commitments	'	'
DERIVATIVES	'	'
Mortgage loans hedged	$37.10	$67.10
Forward sale commitments	'	'
DERIVATIVES	'	'
Mortgage loans hedged	$24.20	$49.20

DERIVATIVES_Details_2

DERIVATIVES (Details 2) (Derivatives not designated as hedging instruments, Interest rate contracts, USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Derivatives not designated as hedging instruments | Interest rate contracts	'	'
Asset Derivatives	'	'
Fair Value	$425	$303
Liability Derivatives	'	'
Fair Value	$146	$551

DERIVATIVES_Details_3

DERIVATIVES (Details 3) (Interest rate contracts, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Designated derivatives | Derivatives in Cash Flow Hedging Relationship	'	'
DERIVATIVES	'	'
Amount of Gain (Loss) Reclassified from AOCI into Earnings (Effective Portion)	($394)	$434
Derivatives not in Cash Flow Hedging Relationship	'	'
DERIVATIVES	'	'
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$336	($350)

DEPOSITS_Details

DEPOSITS (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
DEPOSITS.	'	'	'
Time deposits of $100,000 or more	$842,894,000	$674,100,000	'
Interest expense on certificates of deposits of $100,000 or more	1,500,000	1,800,000	3,200,000
Maturities of time deposits of $100,000 or more	'	'	'
Three months or less	399,818,000	'	'
Over three through six months	268,780,000	'	'
Over six through twelve months	113,260,000	'	'
2015	34,795,000	'	'
2016	12,323,000	'	'
2017	7,405,000	'	'
2018	4,403,000	'	'
Thereafter	2,110,000	'	'
Total	842,894,000	674,100,000	'
Overdrawn deposit accounts reclassified as loans	$700,000	$800,000	'

SHORTTERM_BORROWINGS_Details

SHORT-TERM BORROWINGS (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SHORT-TERM BORROWINGS	'	'	'
Interest expense on short-term borrowings	$6,000	'	$204,000
Amount outstanding at the end of the period	8,015,000	0	34,000
Average amount outstanding during year	1,988,000	11,000	35,809,000
Highest month-end balance during year	28,000,000	'	201,962,000
Weighted average interest rate on balances outstanding at the end of the period (as a percent)	0.23%	0.00%	0.00%
Weighted average interest rate during year (as a percent)	0.32%	0.70%	0.57%
Federal Reserve discount window line of credit | Central Pacific Bank	'	'	'
SHORT-TERM BORROWINGS	'	'	'
Additional unused borrowings available	46,500,000	24,900,000	'
Commercial real estate and commercial loans pledged as collateral	$79,700,000	$41,700,000	'

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (USD $)

1 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

1 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

Oct. 31, 2003

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Oct. 07, 2013

Oct. 31, 2013

Jun. 30, 2013

Mar. 31, 2003

Dec. 31, 2013

Oct. 31, 2003

Oct. 31, 2003

Sep. 30, 2004

Dec. 31, 2004

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

item

Trust I

Trust I

Trust I

Trust I

Trust I

Trust II

Trust III

Trust IV

Trust V

FHLB advances

FHLB advances

FHLB advances

Subordinated debentures

Subordinated debentures

Subordinated debentures

Subordinated debentures

Subordinated debentures

Subordinated debentures

Subordinated debentures

Subordinated debentures

Maximum

Trust I

Trust II

Trust III

Trust IV

Trust V

LONG-TERM DEBT

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

'

'

$92,799,000

$108,281,000

'

'

'

'

'

$500,000

'

'

'

'

$14,000

$32,000

'

$92,785,000

$108,249,000

'

$15,500,000

$20,600,000

$20,600,000

$30,900,000

$20,600,000

Weighted average interest rate (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8.22%

8.22%

'

'

'

'

'

'

'

'

'

Investment securities pledged as collateral

'

'

914,100,000

905,500,000

'

'

'

'

'

'

'

'

'

'

50,800,000

'

'

'

'

'

'

'

'

'

'

Real estate loans pledged as collateral

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,300,000,000

'

'

'

'

'

'

'

'

'

'

Additional unused capacity available

'

'

'

'

'

'

'

'

'

'

'

'

'

'

934,200,000

'

'

'

'

'

'

'

'

'

'

Interest expense

'

'

3,119,000

3,701,000

8,815,000

'

'

'

'

'

'

'

'

'

2,000

14,000

5,700,000

'

'

'

'

'

'

'

'

Trust preferred securities issued

'

'

'

'

'

'

'

15,000,000

15,000,000

'

20,000,000

20,000,000

30,000,000

20,000,000

'

'

'

'

'

'

'

'

'

'

'

Variable rate basis

'

'

'

'

'

'

'

'

'three-month LIBOR

'

'three-month LIBOR

'three-month LIBOR

'three-month LIBOR

'three-month LIBOR

'

'

'

'

'

'

'

'

'

'

'

Basis spread (as a percent)

'

'

'

'

'

'

'

'

3.25%

'

2.85%

2.85%

2.45%

1.87%

'

'

'

'

'

'

'

'

'

'

'

Common securities issued to the Company

'

'

'

'

'

'

'

'

500,000

'

600,000

600,000

900,000

600,000

'

'

'

'

'

'

'

'

'

'

'

Trust preferred securities auctioned off value

'

'

'

'

'

'

'

10,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Trust preferred securities bid value accepted amount

'

'

'

'

'

'

'

9,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of gain recognized related to transaction of trust preferred securities

'

'

'

'

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments for repurchase of remaining trust preferred securities

'

'

'

'

'

'

5,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of wholly-owned statutory trusts created

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemption period of trust preferred securities, the subordinated debentures and the common securities, following the occurrence of certain events

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'90 days

'

'

'

'

'

Number of consecutive quarterly periods for which payments of interest can be deferred without default or penalty

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'60 months

'

'

'

'

'

Deferred accrued interest paid

'

$13,000,000

$19,260,000

$5,622,000

$18,138,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

LONGTERM_DEBT_Details_2

LONG-TERM DEBT (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Future principal payments on long-term debt based on final maturity	'	'
2014	$14	'
Thereafter	92,785	'
Total	$92,799	$108,281

EQUITY_Details

EQUITY (Details) (USD $)

12 Months Ended

1 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Jan. 31, 2014

Dec. 16, 2013

Sep. 16, 2013

Feb. 18, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Jan. 29, 2014

Jun. 06, 2013

Dec. 31, 2013

Feb. 18, 2011

Feb. 17, 2011

Dec. 31, 2013

Feb. 18, 2011

Dec. 31, 2013

Jan. 31, 2008

6-May-11

Feb. 17, 2011

Apr. 04, 2012

Jun. 22, 2011

Feb. 18, 2011

Feb. 28, 2011

Dec. 31, 2013

Jun. 30, 2013

Feb. 18, 2011

Nov. 23, 2010

Subsequent event

TARP Warrant

TARP Warrant

TARP Warrant

TARP Warrant

TARP Warrant

TARP Warrant

Rights

Treasury

Treasury

Treasury

Treasury

Central Pacific Bank

Fixed Rate Cumulative Perpetual Preferred Stock

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Common stocks

Junior Participating Preferred Stock, Series C

Subsequent event

TARP Warrant

TARP Warrant

TARP Warrant

TARP Warrant

Treasury

Rights

Rights

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Treasury

Rights

TARP Warrant

TARP Warrant

Maximum

Maximum

EQUITY

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares exchanged

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

135,000

'

'

'

'

2,770,117

2,850,000

'

'

'

'

'

'

Liquidation preference (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,000

'

'

'

'

'

'

'

'

'

'

'

'

Common stock issued in exchange for preferred stock and accrued and unpaid dividends (in shares)

'

'

5,620,117

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,620,117

'

'

'

'

'

Exercise price of warrant (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

$10

$255.40

'

'

'

'

$10

$10

'

'

'

'

'

'

'

$6

Number of shares that can be purchased upon exercise of warrants or rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

79,288

79,288

'

Non-cash increase in net income available to common shareholders due to TARP Exchange

$1,895,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated fair value of the common stock issued

'

'

56,201,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

56,200,000

56,200,000

56,200,000

'

'

'

Exercise price of future issues below which an adjustment to current warrant or rights exercise price will be adjusted (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

$10

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Initial value attributed to the warrant

'

'

'

'

'

'

1,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional extension period of Tax Benefits Preservation Plan

'

'

'

'

'

'

'

'

'

'

'2 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assumptions used in estimating fair value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Volatility (as a percent)

'

'

'

'

'

'

67.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Risk-free rate (as a percent)

'

'

'

'

'

'

3.59%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Yield (as a percent)

'

'

'

'

'

'

1.45%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated life

'

'

'

'

'

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accepted bid amount of warrant

'

'

'

'

'

'

'

'

'

'

'

752,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative liability

'

'

'

'

'

'

'

'

819,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Increase in fair value recorded in noninterest income

3,249,000

4,611,000

4,966,000

'

'

'

'

'

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other noninterest expense

17,927,000

20,307,000

43,890,000

'

'

'

'

67,000

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

For ownership change to occur, the minimum cumulative increase in the entity's ownership by "5-percent shareholders" over a rolling three-year period (as a percent)

50.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fraction of securities callable by each warrant or right

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.0001

Par value (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Statutory Retained Earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$240,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash dividends declared (in dollars per share)

$0.16

'

'

$0.08

$0.08

$0.08

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares authorized under the 2008 Repurchase Plan

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60,000

'

'

'

'

'

'

'

'

'

'

Number of shares repurchased

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares remaining available for repurchase

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

55,000

'

'

'

'

'

'

'

'

'

'

'

SHAREBASED_COMPENSATION_Detail

SHARE-BASED COMPENSATION (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SHARE-BASED COMPENSATION	'	'	'
Net share-based compensation effect	$3,842	$4,581	$2,617
Salaries and employee benefits	'	'	'
SHARE-BASED COMPENSATION	'	'	'
Net share-based compensation effect	6,367	4,432	2,409
Director stock awards	'	'	'
SHARE-BASED COMPENSATION	'	'	'
Net share-based compensation effect	45	90	153
Legal and professional services	'	'	'
SHARE-BASED COMPENSATION	'	'	'
Net share-based compensation effect	'	59	55
Income tax benefit	'	'	'
SHARE-BASED COMPENSATION	'	'	'
Net share-based compensation effect	($2,570)	'	'

SHAREBASED_COMPENSATION_Detail1

SHARE-BASED COMPENSATION (Details 2) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Apr. 30, 1997

31-May-07

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Apr. 30, 2011

Mar. 31, 2011

Sep. 30, 2004

Apr. 30, 2013

Dec. 31, 2013

Dec. 31, 2013

2013 Plan

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

Equity Incentive

1997 Plan

2004 Plan

2004 Plan

2004 Plan

2004 Plan

2004 Plan

2004 Plan

2004 Plan

2013 Plan

Minimum

Maximum

SHARE-BASED COMPENSATION

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Vesting period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'3 years

'5 years

Contractual terms

'

'

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares authorized for grants

'

'

'

'

'

'

2,000,000

'

'

'

'

4,944,831

1,402,589

1,500,000

2,200,000

'

'

Additional shares authorized for grants

'

'

'

'

'

'

'

1,000,000

'

'

'

'

'

'

'

'

'

Weighted-average assumptions used in estimating the fair value of the stock options granted to employees

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Expected volatility (as a percent)

'

'

'

'

77.20%

'

'

'

'

'

'

'

'

'

'

'

'

Risk free interest rate (as a percent)

'

'

'

'

1.80%

'

'

'

'

'

'

'

'

'

'

'

'

Expected dividends (as a percent)

'

'

'

'

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

Expected life

'

'

'

'

'8 years

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average fair value (in dollars per share)

'

'

'

'

$9.65

'

'

'

'

'

'

'

'

'

'

'

'

Shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the beginning of the period (in shares)

'

'

'

315,369,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Changes during the period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Granted (in shares)

0

0

'

'

'

'

'

'

2,185,454

1,604,198

2,539,341

'

'

'

'

'

'

Exercised (in shares)

'

'

'

-5,186,000

0

0

'

'

'

'

'

'

'

'

'

'

'

Expired (in shares)

'

'

'

-7,024,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Forfeited (in shares)

'

'

'

-511,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the end of the period (in shares)

'

'

'

302,648,000

315,369,000

'

'

'

'

'

'

'

'

'

'

'

'

Vested and expected to vest at the end of the period (in shares)

'

'

'

302,648,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercisable at the end of the period (in shares)

'

'

'

91,241,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted Average Exercise Price

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the beginning of the period (in dollars per share)

'

'

'

$62.77

'

'

'

'

'

'

'

'

'

'

'

'

'

Changes during the period:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercised (in dollars per share)

'

'

'

$14.31

'

'

'

'

'

'

'

'

'

'

'

'

'

Expired (in dollars per share)

'

'

'

$539.38

'

'

'

'

'

'

'

'

'

'

'

'

'

Forfeited (in dollars per share)

'

'

'

$508.11

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the end of the period (in dollars per share)

'

'

'

$51.79

$62.77

'

'

'

'

'

'

'

'

'

'

'

'

Vested and expected to vest at the end of the period (in dollars per share)

'

'

'

$51.79

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercisable at the end of the period (in dollars per share)

'

'

'

$138.56

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted Average Remaining Contractual Term

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the end of the period

'

'

'

'7 years 10 months 24 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Vested and expected to vest at the end of the period

'

'

'

'7 years 10 months 24 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercisable at the end of the period

'

'

'

'6 years 9 months 18 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate Intrinsic Value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding at the end of the period (in dollars)

'

'

'

$1,598,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Vested and expected to vest at the end of the period (in dollars)

'

'

'

1,598,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercisable at the end of the period (in dollars)

'

'

'

384,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional disclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate intrinsic value of options exercised

'

'

22,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total compensation cost not yet recognized (in dollars)

'

'

'

1,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted-average period for recognition of compensation cost not yet recognized

'

'

'

'3 years 2 months 12 days

'

'

'

'

'

'

'

'

'

'

'

'

'

Total fair value of shares vested (in dollars)

'

'

'

$700,000

$14,000

$17,000

'

'

'

'

'

'

'

'

'

'

'

SHAREBASED_COMPENSATION_Detail2

SHARE-BASED COMPENSATION (Details 3) (Restricted Stock Awards and Units, USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2013
Activity of nonvested shares	'
Nonvested at the beginning of the period (in shares)	1,098,806
Changes during the period:	'
Granted (in shares)	142,347
Forfeited (in shares)	-103,329
Vested (in shares)	-301,920
Nonvested at the end of the period (in shares)	835,904
Vested and expected to vest at the end of the period (in shares)	835,904
Weighted Average Grant Date Fair Value	'
Nonvested at the beginning of the period (in dollars per share)	$14.61
Changes during the period:	'
Granted (in dollars per share)	$15.56
Forfeited (in dollars per share)	$14.68
Vested (in dollars per share)	$14.65
Nonvested at the end of the period (in dollars per share)	$14.75
Vested and expected to vest at the end of the period (in dollars per share)	$14.75
Additional disclosures	'
Total compensation cost not yet recognized (in dollars)	$8.40
Weighted-average period for recognition of compensation cost not yet recognized	'2 years 6 months
Minimum	'
SHARE-BASED COMPENSATION	'
Vesting period	'3 years
Maximum	'
SHARE-BASED COMPENSATION	'
Vesting period	'5 years

PENSION_PLANS_Details

PENSION PLANS (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Retirement Plan	'	'	'
PENSION PLANS	'	'	'
Consecutive period of service considered for highest average annual salaries for calculation of benefits under the reactivated plan	'60 months	'	'
Increase in unrecognized prior service cost due to reactivation of the plan	$5,900,000	'	'
Amortization period of increase in prior service cost	'13 years	'	'
Change in benefit obligation	'	'	'
Benefit obligation at the beginning of the year	36,139,000	34,091,000	'
Interest cost	1,370,000	1,585,000	1,668,000
Actuarial (gains) losses	-2,969,000	2,923,000	'
Benefits paid	-2,357,000	-2,460,000	'
Benefit obligation at the end of the year	32,183,000	36,139,000	34,091,000
Change in plan assets	'	'	'
Fair value of plan assets at the beginning of the year	23,780,000	22,559,000	'
Actual return on plan assets	4,712,000	2,235,000	'
Employer contributions	1,647,000	1,446,000	'
Benefits paid	-2,357,000	-2,460,000	'
Fair value of plan assets at the end of the year	27,782,000	23,780,000	22,559,000
Funded status at end of year	-4,401,000	-12,359,000	'
Amounts recognized in AOCI	'	'	'
Net actuarial losses	-10,895,000	-19,205,000	'
Benefit obligation actuarial assumptions	'	'	'
Weighted average discount rate (as a percent)	4.70%	4.00%	'
Components of net periodic benefit cost	'	'	'
Interest cost	1,370,000	1,585,000	1,668,000
Expected return on plan assets	-1,762,000	-1,791,000	-1,821,000
Amortization of net actuarial (gains) losses	2,390,000	2,385,000	2,263,000
Net periodic benefit cost	1,998,000	2,179,000	2,110,000
Net periodic cost actuarial assumptions	'	'	'
Weighted average discount rate (as a percent)	4.00%	4.80%	5.10%
Expected long-term rate of return on plan assets (as a percent)	7.50%	8.00%	8.00%
Unrecognized net actuarial losses included in AOCI expected to be recognized in net periodic benefit cost in the next fiscal year	1,200,000	'	'
SERP	'	'	'
Change in benefit obligation	'	'	'
Benefit obligation at the beginning of the year	9,944,000	8,558,000	'
Interest cost	411,000	426,000	412,000
Actuarial (gains) losses	-1,033,000	1,175,000	'
Benefits paid	-215,000	-215,000	'
Benefit obligation at the end of the year	9,107,000	9,944,000	8,558,000
Change in plan assets	'	'	'
Employer contributions	215,000	215,000	'
Benefits paid	-215,000	-215,000	'
Funded status at end of year	-9,107,000	-9,944,000	'
Amounts recognized in AOCI	'	'	'
Net transition obligation	-164,000	-181,000	'
Prior service cost	-119,000	-137,000	'
Net actuarial losses	-379,000	-1,482,000	'
Total amounts recognized in AOCI	-662,000	-1,800,000	'
Benefit obligation actuarial assumptions	'	'	'
Weighted average discount rate (as a percent)	5.00%	4.20%	'
Components of net periodic benefit cost	'	'	'
Interest cost	411,000	426,000	412,000
Amortization of net transition obligation	17,000	17,000	17,000
Amortization of prior service cost	18,000	18,000	18,000
Amortization of net actuarial (gains) losses	71,000	-4,000	-17,000
Net periodic benefit cost	517,000	457,000	430,000
Net periodic cost actuarial assumptions	'	'	'
Weighted average discount rate (as a percent)	4.20%	5.00%	5.00%
Unrecognized net actuarial losses included in AOCI expected to be recognized in net periodic benefit cost in the next fiscal year	$2,000	'	'

PENSION_PLANS_Details_2

PENSION PLANS (Details 2) (Defined Benefit Retirement Plan, USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
PENSION PLANS	'	'
Asset allocations by asset category (as a percent)	100.00%	100.00%
Equity securities	'	'
PENSION PLANS	'	'
Asset allocations by asset category (as a percent)	59.90%	64.70%
Equity securities included the entity's common stock	76	59
Debt securities	'	'
PENSION PLANS	'	'
Asset allocations by asset category (as a percent)	34.60%	32.60%
Other	'	'
PENSION PLANS	'	'
Asset allocations by asset category (as a percent)	5.50%	2.70%

PENSION_PLANS_Details_3

PENSION PLANS (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Retirement Plan	'	'	'
PENSION PLANS	'	'	'
Fair value	$27,782,000	$23,780,000	$22,559,000
Expected contribution	'	'	'
Expected contribution to the defined benefit retirement plan	1,800,000	'	'
Estimated future benefit payments	'	'	'
2014	2,427,000	'	'
2015	2,413,000	'	'
2016	2,432,000	'	'
2017	2,411,000	'	'
2018	2,401,000	'	'
2019-2023	11,393,000	'	'
Total	23,477,000	'	'
Estimated amortization of components included in AOCI that will be recognized into net periodic cost for the next fiscal year	'	'	'
Amortization of net actuarial losses	1,200,000	'	'
Defined Benefit Retirement Plan | Level 1	'	'	'
PENSION PLANS	'	'	'
Fair value	20,635,000	17,038,000	'
Defined Benefit Retirement Plan | Level 1 | Money market accounts	'	'	'
PENSION PLANS	'	'	'
Fair value	1,841,000	1,022,000	'
Defined Benefit Retirement Plan | Level 1 | Mutual funds	'	'	'
PENSION PLANS	'	'	'
Fair value	9,795,000	9,524,000	'
Defined Benefit Retirement Plan | Level 1 | Common stocks	'	'	'
PENSION PLANS	'	'	'
Fair value	8,744,000	6,213,000	'
Defined Benefit Retirement Plan | Level 1 | Preferred Stock	'	'	'
PENSION PLANS	'	'	'
Fair value	255,000	279,000	'
Defined Benefit Retirement Plan | Level 2	'	'	'
PENSION PLANS	'	'	'
Fair value	7,147,000	6,742,000	'
Defined Benefit Retirement Plan | Level 2 | Government obligations	'	'	'
PENSION PLANS	'	'	'
Fair value	3,450,000	3,317,000	'
Defined Benefit Retirement Plan | Level 2 | Corporate bonds and debentures	'	'	'
PENSION PLANS	'	'	'
Fair value	3,697,000	3,425,000	'
Defined Benefit Retirement Plan | Total	'	'	'
PENSION PLANS	'	'	'
Fair value	27,782,000	23,780,000	'
Defined Benefit Retirement Plan | Total | Money market accounts	'	'	'
PENSION PLANS	'	'	'
Fair value	1,841,000	1,022,000	'
Defined Benefit Retirement Plan | Total | Mutual funds	'	'	'
PENSION PLANS	'	'	'
Fair value	9,795,000	9,524,000	'
Defined Benefit Retirement Plan | Total | Government obligations	'	'	'
PENSION PLANS	'	'	'
Fair value	3,450,000	3,317,000	'
Defined Benefit Retirement Plan | Total | Common stocks	'	'	'
PENSION PLANS	'	'	'
Fair value	8,744,000	6,213,000	'
Defined Benefit Retirement Plan | Total | Preferred Stock	'	'	'
PENSION PLANS	'	'	'
Fair value	255,000	279,000	'
Defined Benefit Retirement Plan | Total | Corporate bonds and debentures	'	'	'
PENSION PLANS	'	'	'
Fair value	3,697,000	3,425,000	'
SERP	'	'	'
Expected contribution	'	'	'
Expected contribution to the defined benefit retirement plan	200,000	'	'
Estimated future benefit payments	'	'	'
2014	215,000	'	'
2015	211,000	'	'
2016	225,000	'	'
2017	415,000	'	'
2018	411,000	'	'
2019-2023	2,425,000	'	'
Total	3,902,000	'	'
Estimated amortization of components included in AOCI that will be recognized into net periodic cost for the next fiscal year	'	'	'
Amortization of net transition obligation	17,000	'	'
Amortization of prior service cost	18,000	'	'
Amortization of net actuarial losses	$2,000	'	'

401K_RETIREMENT_SAVINGS_PLAN_D

401(K) RETIREMENT SAVINGS PLAN (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
401(K) RETIREMENT SAVINGS PLAN	'	'	'
Employee's elective deferrals (as a percent)	100.00%	'	'
Matching contributions by employer (as a percent)	4.00%	'	'
Employer matching contributions to the Retirement Savings Plan	$1.70	$1.60	$1.40

OPERATING_LEASES_Details

OPERATING LEASES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
OPERATING LEASES	'	'	'
Net rent expense	$9,881	$10,132	$10,374
Net occupancy	'	'	'
OPERATING LEASES	'	'	'
Rent expense charged to operating expenses	9,840	10,053	10,286
Less sublease income	-52	-25	-74
Net rent expense	9,788	10,028	10,212
Equipment expense	'	'	'
OPERATING LEASES	'	'	'
Rent expense charged to operating expenses	$93	$104	$162
Minimum	'	'	'
OPERATING LEASES	'	'	'
Period for which option to extend the lease term is available	'5 years	'	'
Maximum	'	'	'
OPERATING LEASES	'	'	'
Period for which option to extend the lease term is available	'15 years	'	'

OPERATING_LEASES_Details_2

OPERATING LEASES (Details 2) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Rental Commitment	'
2014	$7,847
2015	6,626
2016	5,901
2017	4,943
2018	3,621
Thereafter	23,664
Total	$52,602

OPERATING_LEASES_Details_3

OPERATING LEASES (Details 3) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Future minimum rental income for those noncancellable operating leases that had initial lease terms in excess of one year	'
2014	$3,045
2015	2,331
2016	1,340
2017	795
2018	225
Thereafter	50
Total	$7,786

INCOME_AND_FRANCHISE_TAXES_Det

INCOME AND FRANCHISE TAXES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Current	'	'	'
State	$109	'	'
Total	109	'	'
Deferred	'	'	'
Federal	-81,613	'	'
State	-30,743	'	'
Total	-112,356	'	'
Total	'	'	'
Federal	-81,613	'	'
State	-30,634	'	'
Total	-112,247	'	'
Reconciliation between the income tax benefit and the expected tax benefit	'	'	'
U.S. Federal corporate tax rate (as a percent)	35.00%	'	'
Computed expected tax expense (benefit)	20,940	16,598	12,802
Increase (decrease) in taxes resulting from:	'	'	'
Tax-exempt interest	-1,431	-820	-273
Other tax-exempt income	-810	-976	-1,441
Low-income housing and energy tax credits	-1,557	-1,607	-1,678
State income taxes, net of Federal income tax effect, excluding impact of deferred tax valuation allowance	2,389	2,540	546
Change in the beginning-of-the-year balance of the valuation allowance for deferred tax assets allocated to income tax expense	-132,061	-15,862	-9,870
Other	283	127	-86
Total	($112,247)	'	'

INCOME_AND_FRANCHISE_TAXES_Det1

INCOME AND FRANCHISE TAXES (Details 2) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets	'	'	'
Allowance for loan and lease losses	'	$28,926,000	$33,418,000
Accrued expenses	'	2,950,000	2,744,000
Employee retirement benefits	'	8,762,000	15,773,000
Federal and state tax credit carryforwards	'	37,449,000	35,305,000
Investment write-downs and write-offs	'	3,051,000	3,051,000
Interest on nonaccrual loans	'	1,962,000	4,047,000
Federal and state net operating loss carryforwards	'	87,757,000	86,339,000
Other	'	15,486,000	26,289,000
Total deferred tax assets	'	186,343,000	206,966,000
Deferred tax liabilities	'	'	'
Intangible assets	'	13,117,000	14,962,000
FHLB stock dividends received	'	11,848,000	12,345,000
Net unrealized gain on derivatives recognized through AOCI	'	'	1,786,000
Leases	'	2,755,000	3,599,000
Deferred gain on curtailed retirement plan	'	3,339,000	3,339,000
Liability on utilization of state tax credits	'	7,722,000	7,475,000
Other	'	3,614,000	15,961,000
Total deferred tax liabilities	'	42,395,000	59,467,000
Deferred tax valuation allowance	'	6,700,000	147,499,000
Net deferred tax assets	'	137,248,000	'
Net change in the total valuation allowance	'	140,800,000	14,800,000
Change in valuation allowance recognized as income tax benefit	'	132,100,000	15,900,000
Change in valuation allowance recognized as expense (benefit) for AOCI	'	8,700,000	-1,100,000
Net impact of reversing the valuation allowance recorded as provision for income tax benefit	119,800,000	'	'
Federal	'	'	'
Income and franchise taxes	'	'	'
Income tax receivable, current	'	100,000	9,000
State	'	'	'
Income and franchise taxes	'	'	'
Income tax receivable, current	'	$1,800,000	$1,800,000

INCOME_AND_FRANCHISE_TAXES_Det2

INCOME AND FRANCHISE TAXES (Details 3) (USD $)	Dec. 31, 2013
In Millions, unless otherwise specified
Federal	'
Operating loss carryforwards	'
Net operating loss carryforwards	$206.50
Hawaii and California state | Hawaii	'
Operating loss carryforwards	'
Net operating loss carryforwards	189.3
Hawaii and California state | California	'
Operating loss carryforwards	'
Net operating loss carryforwards	$40.60

INCOME_AND_FRANCHISE_TAXES_Det3

INCOME AND FRANCHISE TAXES (Details 4) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Tax credit carryforwards	'
Unrecognized tax benefits that, if recognized would favorably affect the effective income tax rate	$0
State	'
Tax credit carryforwards	'
Tax credit carryforwards that do not expire	23.8
Federal	'
Tax credit carryforwards	'
Tax credit carryforwards	13.6
Tax credit carryforwards that expire	11.1
Expiration period of tax credit carryforwards	'20 years
Tax credit carryforwards that do not expire	$2.50

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net unrealized gains/losses on investment securities, Before Tax	'	'	'
Net unrealized gains/losses arising during the period	($43,687)	($2,653)	$22,190
Less: Reclassification adjustment for gains/losses realized in net income	-6,266	1,382	-1,164
Net unrealized gains (losses) on investment securities	-49,953	-1,271	21,026
Net unrealized gains/losses on derivatives, Before Tax	'	'	'
Reclassification adjustment for gains/losses realized in net income	394	-434	-3,235
Net unrealized gains (losses) on derivatives	394	-434	-3,235
Defined benefit plans, Before Tax	'	'	'
Net actuarial gains/losses arising during the period	6,952	-3,653	-3,274
Amortization of net actuarial losses	2,461	2,381	2,246
Amortization of net transition obligation	17	17	18
Amortization of prior service cost	18	17	18
Defined benefit plans, net	9,448	-1,238	-992
Other comprehensive income (loss)	-40,111	-2,943	16,799
Net unrealized gains/losses on investment securities, Tax Effect	'	'	'
Net unrealized gains/losses arising during the period	-15,577	'	'
Less: Reclassification adjustment for gains/losses realized in net income	-2,511	'	'
Net unrealized gains (losses) on investment securities	-18,088	'	'
Net unrealized gains/losses on derivatives, Tax Effect	'	'	'
Reclassification adjustment for gains/losses realized in net income	-10,599	'	'
Net unrealized gains (losses) on derivatives	-10,599	'	'
Defined benefit plans, Tax Effect	'	'	'
Net actuarial gains/losses arising during the period	2,591	'	'
Amortization of net actuarial losses	986	51	70
Amortization of net transition obligation	7	'	'
Amortization of prior service cost	7	'	'
Defined benefit plans, net	3,591	51	70
Other comprehensive income (loss)	-25,096	51	70
Net unrealized gains/losses on investment securities, Net of Tax	'	'	'
Net unrealized gains/losses arising during the period	-28,110	-2,653	22,190
Less: Reclassification adjustment for gains/losses realized in net income	-3,755	1,382	-1,164
Net unrealized gains (losses) on investment securities	-31,865	-1,271	21,026
Net unrealized gains/losses on derivatives, Net of Tax	'	'	'
Reclassification adjustment for gains/losses realized in net income	10,993	-434	-3,235
Net unrealized gains (losses) on derivatives	10,993	-434	-3,235
Defined benefit plans, Net of Tax	'	'	'
Net actuarial gains/losses arising during the period	4,361	-3,653	-3,274
Amortization of net actuarial losses	1,475	2,330	2,176
Amortization of net transition obligation	10	17	18
Amortization of prior service cost	11	17	18
Defined benefit plans, net	5,857	-1,289	-1,062
Other comprehensive income (loss), net of tax	($15,015)	($2,994)	$16,729

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Changes in each component of accumulated other comprehensive income (loss), net of tax	'	'	'
Balance at the beginning of the period	($830)	$2,164	($14,565)
Other comprehensive income (loss) before reclassifications	-23,749	-6,306	18,916
Amounts reclassified from AOCI	8,734	3,312	-2,187
Other comprehensive income (loss), net of tax	-15,015	-2,994	16,729
Balance at the end of the period	-15,845	-830	2,164
Investment Securities	'	'	'
Changes in each component of accumulated other comprehensive income (loss), net of tax	'	'	'
Balance at the beginning of the period	22,740	24,011	2,985
Other comprehensive income (loss) before reclassifications	-28,110	-2,653	22,190
Amounts reclassified from AOCI	-3,755	1,382	-1,164
Other comprehensive income (loss), net of tax	-31,865	-1,271	21,026
Balance at the end of the period	-9,125	22,740	24,011
Derivatives	'	'	'
Changes in each component of accumulated other comprehensive income (loss), net of tax	'	'	'
Balance at the beginning of the period	-10,993	-10,559	-7,324
Amounts reclassified from AOCI	10,993	-434	-3,235
Other comprehensive income (loss), net of tax	10,993	-434	-3,235
Balance at the end of the period	'	-10,993	-10,559
Defined Benefit Plans	'	'	'
Changes in each component of accumulated other comprehensive income (loss), net of tax	'	'	'
Balance at the beginning of the period	-12,577	-11,288	-10,226
Other comprehensive income (loss) before reclassifications	4,361	-3,653	-3,274
Amounts reclassified from AOCI	1,496	2,364	2,212
Other comprehensive income (loss), net of tax	5,857	-1,289	-1,062
Balance at the end of the period	($6,720)	($12,577)	($11,288)

ACCUMULATED_OTHER_COMPREHENSIV4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 3) (USD $)

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Amounts reclassified out of each component of accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

Investment securities gain (loss)

$482

'

'

'

'

$789

'

'

$482

$789

$1,306

Interest income

37,133

35,558

34,992

32,595

31,389

31,674

32,479

32,903

140,278

128,445

136,450

Net actuarial losses

'

'

'

'

'

'

'

'

-2,461

-2,381

-2,246

Net transition obligation

'

'

'

'

'

'

'

'

-17

-17

-18

Prior service cost

'

'

'

'

'

'

'

'

-18

-17

-18

Tax (expense) benefit

'

'

'

'

'

'

'

'

112,247

'

'

Net income (loss)

10,295

10,204

14,267

137,309

12,410

10,721

10,812

13,478

172,075

47,421

36,571

Amount Reclassified from AOCI

'

'

'

'

'

'

'

'

'

'

'

Amounts reclassified out of each component of accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

-8,734

-3,312

2,187

Sale of investment securities available for sale | Amount Reclassified from AOCI

'

'

'

'

'

'

'

'

'

'

'

Amounts reclassified out of each component of accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

Investment securities gain (loss)

'

'

'

'

'

'

'

'

6,266

-1,382

1,164

Tax (expense) benefit

'

'

'

'

'

'

'

'

-2,511

'

'

Net of tax

'

'

'

'

'

'

'

'

3,755

-1,382

1,164

Unrealized gains (losses) on derivatives | Amount Reclassified from AOCI

'

'

'

'

'

'

'

'

'

'

'

Amounts reclassified out of each component of accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

Interest income

'

'

'

'

'

'

'

'

-394

434

3,235

Tax (expense) benefit

'

'

'

'

'

'

'

'

-10,599

'

'

Net of tax

'

'

'

'

'

'

'

'

-10,993

434

3,235

Amortization of defined benefit plan items | Amount Reclassified from AOCI

'

'

'

'

'

'

'

'

'

'

'

Amounts reclassified out of each component of accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

'

'

Net actuarial losses

'

'

'

'

'

'

'

'

-2,461

[1]

-2,381

[1]

-2,246

[1]

Net transition obligation

'

'

'

'

'

'

'

'

-17

[1]

-17

[1]

-18

[1]

Prior service cost

'

'

'

'

'

'

'

'

-18

[1]

-17

[1]

-18

[1]

Reclassification from Accumulated Other Comprehensive Income

'

'

'

'

'

'

'

'

-2,496

-2,415

-2,282

Tax (expense) benefit

'

'

'

'

'

'

'

'

1,000

51

70

Net of tax

'

'

'

'

'

'

'

'

($1,496)

($2,364)

($2,212)

[1]

(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
EARNINGS PER SHARE	'	'	'	'	'	'	'	'	'	'	'
Net income	$10,295	$10,204	$14,267	$137,309	$12,410	$10,721	$10,812	$13,478	$172,075	$47,421	$36,571
Preferred stock dividends, accretion of discount and conversion of preferred stock to common stock	'	'	'	'	'	'	'	'	'	'	-83,897
Net income available to common shareholders	'	'	'	'	'	'	'	'	$172,075	$47,421	$120,468
Weighted average shares outstanding - basic	'	'	'	'	'	'	'	'	41,961,000	41,720,000	35,891,000
SHARE-BASED COMPENSATION	'	'	'	'	'	'	'	'	'	'	'
Dilutive effect of Treasury warrants (in shares)	'	'	'	'	'	'	'	'	14,000	22,000	20,000
Weighted average shares outstanding - diluted	'	'	'	'	'	'	'	'	42,317,000	42,084,000	36,342,000
Basic earnings per share (in dollars per share)	$0.24	$0.24	$0.34	$3.28	$0.30	$0.26	$0.26	$0.32	$4.10	$1.14	$3.36
Diluted earnings per share (in dollars per share)	$0.24	$0.24	$0.34	$3.25	$0.29	$0.26	$0.26	$0.32	$4.07	$1.13	$3.31
Antidilutive securities excluded from the dilutive share calculation (in shares)	'	'	'	'	'	'	'	'	24,526	316,188	40,166
Employee stock options and awards	'	'	'	'	'	'	'	'	'	'	'
SHARE-BASED COMPENSATION	'	'	'	'	'	'	'	'	'	'	'
Dilutive effect of share-based compensation arrangements	'	'	'	'	'	'	'	'	341,000	278,000	415,000
Deferred salary restricted stock units	'	'	'	'	'	'	'	'	'	'	'
SHARE-BASED COMPENSATION	'	'	'	'	'	'	'	'	'	'	'
Dilutive effect of share-based compensation arrangements	'	'	'	'	'	'	'	'	1,000	64,000	16,000

FINANCIAL_INSTRUMENTS_WITH_OFF2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Commitments to extend credit	'	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'	'
Financial instruments whose contract amounts represent credit risk:	$652,717	$554,477
Standby letters of credit and financial guarantees written	'	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'	'
Financial instruments whose contract amounts represent credit risk:	1,023	13,813
Interest rate options	'	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'	'
Financial instruments whose contract amounts exceed the amount of credit risk:	37,093	67,072
Forward interest rate contracts	'	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'	'
Financial instruments whose contract amounts exceed the amount of credit risk:	$24,244	$49,222

FAIR_VALUE_OF_ASSETS_AND_LIABI2

FAIR VALUE OF ASSETS AND LIABILITIES (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Financial assets	'	'
Cash and due from banks	$45,092	$56,473
Interest-bearing deposits in other banks	4,256	120,902
Loans held for sale	12,370	38,283
Accrued interest receivable	14,072	13,896
Deposits:	'	'
Noninterest-bearing deposits	891,017	843,292
Time deposits	1,109,521	978,631
Transfers of financial assets from Level 1 to Level 2	0	'
Transfers of financial assets from Level 2 to Level 1	0	'
Transfers of financial liabilities from Level 1 to Level 2	0	'
Transfers of financial liabilities from Level 2 to Level 1	0	'
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Financial assets	'	'
Cash and due from banks	45,092	56,473
Interest-bearing deposits in other banks	4,256	120,902
Investment securities	875	906
Accrued interest receivable	14,072	13,896
Deposits:	'	'
Noninterest-bearing deposits	891,017	843,292
Interest-bearing demand and savings deposits	1,935,635	1,858,849
Accrued interest payable (included in other liabilities)	1,040	13,131
Significant Other Observable Inputs (Level 2)	'	'
Financial assets	'	'
Investment securities	1,635,311	1,685,541
Net loans and leases	64,705	108,081
Deposits:	'	'
Short-term debt	8,015	'
Long-term debt	39,446	43,156
Significant Unobservable Inputs (Level 3)	'	'
Financial assets	'	'
Investment securities	10,518	12,826
Loans held for sale	12,370	38,283
Net loans and leases	2,365,577	1,975,433
Deposits:	'	'
Time deposits	1,111,319	981,059
Commitments to extend credit | Significant Other Observable Inputs (Level 2)	'	'
Deposits:	'	'
Off-balance sheet financial instruments	3,264	2,772
Standby letters of credit and financial guarantees written | Significant Other Observable Inputs (Level 2)	'	'
Deposits:	'	'
Off-balance sheet financial instruments	8	104
Interest rate options	'	'
Deposits:	'	'
Off-balance sheet financial instruments	37,093	67,072
Interest rate options | Significant Other Observable Inputs (Level 2)	'	'
Deposits:	'	'
Off-balance sheet financial instruments	70	106
Forward interest rate contracts	'	'
Deposits:	'	'
Off-balance sheet financial instruments	24,244	49,222
Forward interest rate contracts | Significant Other Observable Inputs (Level 2)	'	'
Deposits:	'	'
Off-balance sheet financial instruments	210	-353
Carrying Amount	'	'
Financial assets	'	'
Cash and due from banks	45,092	56,473
Interest-bearing deposits in other banks	4,256	120,902
Investment securities	1,660,046	1,698,593
Loans held for sale	12,370	38,283
Net loans and leases	2,546,781	2,107,531
Accrued interest receivable	14,072	13,896
Deposits:	'	'
Noninterest-bearing deposits	891,017	843,292
Interest-bearing demand and savings deposits	1,935,635	1,858,849
Time deposits	1,109,521	978,631
Short-term debt	8,015	'
Long-term debt	92,799	108,281
Accrued interest payable (included in other liabilities)	1,040	13,131
Carrying Amount | Commitments to extend credit	'	'
Deposits:	'	'
Off-balance sheet financial instruments	652,717	554,477
Carrying Amount | Standby letters of credit and financial guarantees written	'	'
Deposits:	'	'
Off-balance sheet financial instruments	1,023	13,813
Carrying Amount | Interest rate options	'	'
Deposits:	'	'
Off-balance sheet financial instruments	37,093	67,072
Carrying Amount | Forward interest rate contracts	'	'
Deposits:	'	'
Off-balance sheet financial instruments	24,244	49,222
Estimated Fair Value	'	'
Financial assets	'	'
Cash and due from banks	45,092	56,473
Interest-bearing deposits in other banks	4,256	120,902
Investment securities	1,646,704	1,699,273
Loans held for sale	12,370	38,283
Net loans and leases	2,430,282	2,083,514
Accrued interest receivable	14,072	13,896
Deposits:	'	'
Noninterest-bearing deposits	891,017	843,292
Interest-bearing demand and savings deposits	1,935,635	1,858,849
Time deposits	1,111,319	981,059
Short-term debt	8,015	'
Long-term debt	39,446	43,156
Accrued interest payable (included in other liabilities)	1,040	13,131
Estimated Fair Value | Commitments to extend credit	'	'
Deposits:	'	'
Off-balance sheet financial instruments	3,264	2,772
Estimated Fair Value | Standby letters of credit and financial guarantees written	'	'
Deposits:	'	'
Off-balance sheet financial instruments	8	104
Estimated Fair Value | Interest rate options	'	'
Deposits:	'	'
Off-balance sheet financial instruments	70	106
Estimated Fair Value | Forward interest rate contracts	'	'
Deposits:	'	'
Off-balance sheet financial instruments	$210	($353)

FAIR_VALUE_OF_ASSETS_AND_LIABI3

FAIR VALUE OF ASSETS AND LIABILITIES (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets and liabilities measured at fair value	'	'
Available for sale securities:	$1,407,999	$1,536,745
U.S. Government sponsored entities debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	'	280,939
States and political subdivisions debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	179,357	185,911
Corporate bonds and debentures	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	158,095	127,946
U.S. Government sponsored entities mortgage-backed securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	927,626	941,043
Other	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	875	906
Non-agency collateralized mortgage obligations	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	142,046	'
Recurring basis | Fair Value	'	'
Assets and liabilities measured at fair value	'	'
Total	1,408,278	1,535,678
Recurring basis | Fair Value | Interest rate contracts	'	'
Assets and liabilities measured at fair value	'	'
Derivatives:	279	-248
Recurring basis | Fair Value | Amended TARP warrant	'	'
Assets and liabilities measured at fair value	'	'
Derivatives:	'	-819
Recurring basis | Fair Value | U.S. Government sponsored entities debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	'	280,939
Recurring basis | Fair Value | States and political subdivisions debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	179,357	185,911
Recurring basis | Fair Value | Corporate bonds and debentures	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	158,095	127,946
Recurring basis | Fair Value | U.S. Government sponsored entities mortgage-backed securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	927,626	941,043
Recurring basis | Fair Value | Other	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	875	906
Recurring basis | Fair Value | Non-agency collateralized mortgage obligations	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	142,046	'
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Assets and liabilities measured at fair value	'	'
Total	875	906
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	875	906
Recurring basis | Significant Other Observable Inputs (Level 2)	'	'
Assets and liabilities measured at fair value	'	'
Total	1,396,885	1,521,946
Recurring basis | Significant Other Observable Inputs (Level 2) | Interest rate contracts	'	'
Assets and liabilities measured at fair value	'	'
Derivatives:	279	-248
Recurring basis | Significant Other Observable Inputs (Level 2) | Amended TARP warrant	'	'
Assets and liabilities measured at fair value	'	'
Derivatives:	'	-819
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government sponsored entities debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	'	280,939
Recurring basis | Significant Other Observable Inputs (Level 2) | States and political subdivisions debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	168,839	173,085
Recurring basis | Significant Other Observable Inputs (Level 2) | Corporate bonds and debentures	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	158,095	127,946
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government sponsored entities mortgage-backed securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	927,626	941,043
Recurring basis | Significant Other Observable Inputs (Level 2) | Non-agency collateralized mortgage obligations	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	142,046	'
Recurring basis | Significant Unobservable Inputs (Level 3)	'	'
Assets and liabilities measured at fair value	'	'
Total	10,518	12,826
Recurring basis | Significant Unobservable Inputs (Level 3) | States and political subdivisions debt securities	'	'
Assets and liabilities measured at fair value	'	'
Available for sale securities:	$10,518	$12,826

FAIR_VALUE_OF_ASSETS_AND_LIABI4

FAIR VALUE OF ASSETS AND LIABILITIES (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Available for sale debt securities - States and political subdivisions	'	'
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis	'	'
Aggregate fair value / Balance at the beginning of the period	$12,826	$12,994
Principal payments received	-2,797	-377
Purchases, sales, issuances and settlements, net	1,146	'
Unrealized net loss included in other comprehensive income	-657	209
Aggregate fair value / Balance at the end of the period	10,518	12,826
Mortgage revenue bonds	'	'
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis	'	'
Aggregate fair value / Balance at the end of the period	$10,500	'
Additional disclosures	'	'
Number of investment securities held	4	'
Mortgage revenue bonds | Weighted average	'	'
Additional disclosures	'	'
Discount rate (as a percent)	4.63%	'

FAIR_VALUE_OF_ASSETS_AND_LIABI5

FAIR VALUE OF ASSETS AND LIABILITIES (Details 4) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets measured at fair value on a nonrecurring basis	'	'
Other real estate	$5,163	$10,686
Nonrecurring basis	'	'
Total Losses	'	'
Impaired loans	3,298	11,852
Other real estate	362	3,529
Total Losses	3,660	15,381
Nonrecurring basis | Fair Value	'	'
Assets measured at fair value on a nonrecurring basis	'	'
Impaired loans	64,705	108,081
Other real estate	5,163	10,686
Nonrecurring basis | Significant Other Observable Inputs (Level 2)	'	'
Assets measured at fair value on a nonrecurring basis	'	'
Impaired loans	64,705	108,081
Other real estate	$5,163	$10,686

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
									item
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Number of reportable segments	'	'	'	'	'	'	'	'	3	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	$35,496	$33,771	$33,173	$30,669	$29,390	$29,560	$30,259	$30,502	$133,109	$119,711	$117,821
Credit (provision) for loan and lease losses	1,333	3,189	227	6,561	2,283	4,982	6,630	4,990	11,310	18,885	40,690
Other operating income	'	'	'	'	'	'	'	'	54,945	60,743	57,002
Other operating expense	'	'	'	'	'	'	'	'	-139,536	-151,918	-178,942
Income taxes	'	'	'	'	'	'	'	'	112,247	'	'
Net income	10,295	10,204	14,267	137,309	12,410	10,721	10,812	13,478	172,075	47,421	36,571
Investment securities	1,660,046	'	'	'	1,698,593	'	'	'	1,660,046	1,698,593	1,493,925
Loans and leases (including loans held for sale)	2,642,971	'	'	'	2,242,227	'	'	'	2,642,971	2,242,227	2,114,737
Other	438,181	'	'	'	429,548	'	'	'	438,181	429,548	524,203
Total assets	4,741,198	'	'	'	4,370,368	'	'	'	4,741,198	4,370,368	4,132,865
Banking Operations	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	'	'	'	'	'	'	'	'	101,822	92,545	95,182
Credit (provision) for loan and lease losses	'	'	'	'	'	'	'	'	11,310	18,885	40,690
Other operating income	'	'	'	'	'	'	'	'	49,294	55,838	48,686
Other operating expense	'	'	'	'	'	'	'	'	-79,552	-91,266	-115,910
Administrative and overhead expense allocation	'	'	'	'	'	'	'	'	-55,052	-57,640	-54,408
Income taxes	'	'	'	'	'	'	'	'	117,088	'	'
Net income	'	'	'	'	'	'	'	'	159,671	51,316	59,804
Loans and leases (including loans held for sale)	2,642,971	'	'	'	2,242,227	'	'	'	2,642,971	2,242,227	2,114,737
Other	108,639	'	'	'	-7,267	'	'	'	108,639	-7,267	23,858
Total assets	2,751,610	'	'	'	2,234,960	'	'	'	2,751,610	2,234,960	2,138,595
Treasury	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	'	'	'	'	'	'	'	'	31,287	27,166	22,639
Other operating income	'	'	'	'	'	'	'	'	4,185	5,209	7,312
Other operating expense	'	'	'	'	'	'	'	'	-3,938	-1,868	-7,163
Administrative and overhead expense allocation	'	'	'	'	'	'	'	'	-937	-939	-627
Income taxes	'	'	'	'	'	'	'	'	218	'	'
Net income	'	'	'	'	'	'	'	'	3,008	7,340	3,552
Investment securities	1,660,046	'	'	'	1,698,593	'	'	'	1,660,046	1,698,593	1,493,925
Other	257,032	'	'	'	363,815	'	'	'	257,032	363,815	429,141
Total assets	1,917,078	'	'	'	2,062,408	'	'	'	1,917,078	2,062,408	1,923,066
All Others	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Other operating income	'	'	'	'	'	'	'	'	1,466	-304	1,004
Other operating expense	'	'	'	'	'	'	'	'	-56,046	-58,784	-55,869
Administrative and overhead expense allocation	'	'	'	'	'	'	'	'	55,989	58,579	55,035
Income taxes	'	'	'	'	'	'	'	'	-5,059	'	'
Net income	'	'	'	'	'	'	'	'	9,396	-11,235	-26,785
Other	72,510	'	'	'	73,000	'	'	'	72,510	73,000	71,204
Total assets	72,510	'	'	'	73,000	'	'	'	72,510	73,000	71,204
Intersegment elimination | Banking Operations	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	'	'	'	'	'	'	'	'	14,761	32,954	45,564
Intersegment elimination | Treasury	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	'	'	'	'	'	'	'	'	-27,807	-22,228	-18,609
Intersegment elimination | All Others	'	'	'	'	'	'	'	'	'	'	'
SEGMENT INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Net interest income (expense)	'	'	'	'	'	'	'	'	$13,046	($10,726)	($26,955)

PARENT_COMPANY_AND_REGULATORY_2

PARENT COMPANY AND REGULATORY RESTRICTIONS (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Leverage capital	'	'
Actual Amount	$632,724,000	$609,394,000
Actual Ratio (as a percent)	13.70%	14.30%
Minimum amount required to be adequately capitalized	184,995,000	170,176,000
Minimum ratio required to be adequately capitalized (as a percent)	4.00%	4.00%
Minimum amount required to be well-capitalized	231,244,000	212,720,000
Minimum ratio required to be well-capitalized (as a percent)	5.00%	5.00%
Tier 1 risk-based capital	'	'
Actual Amount	632,724,000	609,394,000
Actual Ratio (as a percent)	20.30%	22.50%
Minimum amount required to be adequately capitalized	124,671,000	108,128,000
Minimum ratio required to be adequately capitalized (as a percent)	4.00%	4.00%
Minimum amount required to be well-capitalized	187,007,000	162,192,000
Minimum ratio required to be well-capitalized (as a percent)	6.00%	6.00%
Total risk-based capital	'	'
Actual Amount	672,317,000	644,044,000
Actual Ratio (as a percent)	21.60%	23.80%
Minimum amount required to be adequately capitalized	249,343,000	216,256,000
Minimum ratio required to be adequately capitalized (as a percent)	8.00%	8.00%
Minimum amount required to be well-capitalized	311,678,000	270,320,000
Minimum ratio required to be well-capitalized (as a percent)	10.00%	10.00%
Central Pacific Bank	'	'
PARENT COMPANY AND REGULATORY RESTRICTIONS	'	'
Equity in undistributed losses	241,100,000	'
Retained earnings	240,400,000	'
Leverage capital	'	'
Actual Amount	610,753,000	580,860,000
Actual Ratio (as a percent)	13.20%	13.60%
Minimum amount required to be adequately capitalized	184,736,000	170,274,000
Minimum ratio required to be adequately capitalized (as a percent)	4.00%	4.00%
Minimum amount required to be well-capitalized	230,920,000	212,843,000
Minimum ratio required to be well-capitalized (as a percent)	5.00%	5.00%
Tier 1 risk-based capital	'	'
Actual Amount	610,753,000	580,860,000
Actual Ratio (as a percent)	19.60%	21.50%
Minimum amount required to be adequately capitalized	124,425,000	108,229,000
Minimum ratio required to be adequately capitalized (as a percent)	4.00%	4.00%
Minimum amount required to be well-capitalized	186,637,000	162,343,000
Minimum ratio required to be well-capitalized (as a percent)	6.00%	6.00%
Total risk-based capital	'	'
Actual Amount	650,216,000	615,523,000
Actual Ratio (as a percent)	20.90%	22.70%
Minimum amount required to be adequately capitalized	248,850,000	216,457,000
Minimum ratio required to be adequately capitalized (as a percent)	8.00%	8.00%
Minimum amount required to be well-capitalized	$311,062,000	$270,572,000
Minimum ratio required to be well-capitalized (as a percent)	10.00%	10.00%

PARENT_COMPANY_AND_REGULATORY_3

PARENT COMPANY AND REGULATORY RESTRICTIONS (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Assets	'	'	'	'
Cash and cash equivalents	$49,348	$177,375	$257,072	$790,739
Investment securities available for sale	1,407,999	1,536,745	'	'
Total assets	4,741,198	4,370,368	4,132,865	'
Liabilities and Shareholders' Equity	'	'	'	'
Long-term debt	92,799	108,281	'	'
Other liabilities	44,037	66,536	'	'
Total liabilities	4,081,024	3,855,589	'	'
Shareholders' equity:	'	'	'	'
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding none at December 31, 2013 and 2012	'	'	'	'
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 42,112,633 and 41,867,046 shares at December 31, 2013 and 2012, respectively	784,547	784,512	'	'
Surplus	75,498	70,567	'	'
Accumulated deficit	-184,087	-349,427	'	'
Accumulated other comprehensive loss	-15,845	-830	2,164	-14,565
Total shareholders' equity	660,113	504,822	'	'
Total liabilities and equity	4,741,198	4,370,368	'	'
Parent company	'	'	'	'
Assets	'	'	'	'
Cash and cash equivalents	19,629	46,686	45,626	6,000
Investment securities available for sale	875	906	'	'
Investment in subsidiary bank, at equity in underlying net assets	710,122	581,248	'	'
Investment in other subsidiaries, at equity in underlying assets	554	549	'	'
Accrued interest receivable and other assets	23,202	6,845	'	'
Total assets	754,382	636,234	'	'
Liabilities and Shareholders' Equity	'	'	'	'
Long-term debt	92,785	108,249	'	'
Other liabilities	1,484	23,163	'	'
Total liabilities	94,269	131,412	'	'
Shareholders' equity:	'	'	'	'
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding none at December 31, 2013 and 2012	'	'	'	'
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 42,112,633 and 41,867,046 shares at December 31, 2013 and 2012, respectively	784,547	784,512	'	'
Surplus	75,498	70,567	'	'
Accumulated deficit	-184,087	-349,427	'	'
Accumulated other comprehensive loss	-15,845	-830	'	'
Total shareholders' equity	660,113	504,822	'	'
Total liabilities and equity	$754,382	$636,234	'	'

PARENT_COMPANY_AND_REGULATORY_4

PARENT COMPANY AND REGULATORY RESTRICTIONS (Details 3) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Condensed Balance Sheets (Parenthetical)	'	'
Preferred stock, par value (in dollars per share)	'	'
Preferred stock, authorized shares	1,100,000	1,100,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	'	'
Common stock, authorized shares	185,000,000	185,000,000
Common stock, issued shares	42,107,633	41,867,046
Common stock, outstanding shares	42,107,633	41,867,046
Parent company	'	'
Condensed Balance Sheets (Parenthetical)	'	'
Preferred stock, par value (in dollars per share)	'	'
Preferred stock, authorized shares	1,000,000	1,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	'	'
Common stock, authorized shares	185,000,000	185,000,000
Common stock, issued shares	42,112,633	41,867,046
Common stock, outstanding shares	42,112,633	41,867,046

PARENT_COMPANY_AND_REGULATORY_5

PARENT COMPANY AND REGULATORY RESTRICTIONS (Details 4) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Expense:	'	'	'	'	'	'	'	'	'	'	'
Interest on long-term debt	'	'	'	'	'	'	'	'	$3,119	$3,701	$8,815
Income tax benefit	'	'	'	'	'	'	'	'	-112,247	'	'
Net income	10,295	10,204	14,267	137,309	12,410	10,721	10,812	13,478	172,075	47,421	36,571
Parent company	'	'	'	'	'	'	'	'	'	'	'
Interest income:	'	'	'	'	'	'	'	'	'	'	'
Interest from subsidiary banks	'	'	'	'	'	'	'	'	30	48	109
Other income	'	'	'	'	'	'	'	'	2,001	9	1,047
Total income	'	'	'	'	'	'	'	'	2,031	57	1,156
Expense:	'	'	'	'	'	'	'	'	'	'	'
Interest on long-term debt	'	'	'	'	'	'	'	'	3,118	3,687	3,392
Other expenses	'	'	'	'	'	'	'	'	2,679	3,081	3,584
Total expenses	'	'	'	'	'	'	'	'	5,797	6,768	6,976
Loss before income taxes and equity in undistributed income of subsidiaries	'	'	'	'	'	'	'	'	-3,766	-6,711	-5,820
Income tax benefit	'	'	'	'	'	'	'	'	-31,891	'	'
Income (loss) before equity in undistributed income of subsidiaries	'	'	'	'	'	'	'	'	28,125	-6,711	-5,820
Equity in undistributed income of subsidiary bank	'	'	'	'	'	'	'	'	143,945	54,124	42,377
Equity in undistributed income of other subsidiaries	'	'	'	'	'	'	'	'	5	8	14
Net income	'	'	'	'	'	'	'	'	$172,075	$47,421	$36,571

PARENT_COMPANY_AND_REGULATORY_6

PARENT COMPANY AND REGULATORY RESTRICTIONS (Details 5) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities	'	'	'	'	'	'	'	'	'	'	'
Net income	$10,295	$10,204	$14,267	$137,309	$12,410	$10,721	$10,812	$13,478	$172,075	$47,421	$36,571
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'	'	'	'	'	'	'	'	'	'
Deferred income tax benefit	'	'	'	'	'	'	'	'	-112,356	'	'
Share-based compensation	'	'	'	'	'	'	'	'	4,931	3,982	3,277
Net cash provided by operating activities	'	'	'	'	'	'	'	'	84,531	39,388	23,123
Cash flows from investing activities	'	'	'	'	'	'	'	'	'	'	'
Distribution from unconsolidated subsidiaries	'	'	'	'	'	'	'	'	9,615	467	522
Contributions to unconsolidated subsidiaries	'	'	'	'	'	'	'	'	-9,050	'	'
Net cash used in investing activities	'	'	'	'	'	'	'	'	-442,050	-306,278	-687,244
Cash flows from financing activities	'	'	'	'	'	'	'	'	'	'	'
Net proceeds from issuance of common stock and stock option exercises	'	'	'	'	'	'	'	'	74	'	323,538
Repayments of long-term debt	'	'	'	'	'	'	'	'	-15,482	-50,017	-301,219
Dividends paid	'	'	'	'	'	'	'	'	-6,735	'	'
Net cash provided by financing activities	'	'	'	'	'	'	'	'	229,492	187,193	130,454
Net decrease in cash and cash equivalents	'	'	'	'	'	'	'	'	-128,027	-79,697	-533,667
At beginning of year	'	'	'	177,375	'	'	'	257,072	177,375	257,072	790,739
At end of year	49,348	'	'	'	177,375	'	'	'	49,348	177,375	257,072
Parent company	'	'	'	'	'	'	'	'	'	'	'
Cash flows from operating activities	'	'	'	'	'	'	'	'	'	'	'
Net income	'	'	'	'	'	'	'	'	172,075	47,421	36,571
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'	'	'	'	'	'	'	'	'	'
Deferred income tax benefit	'	'	'	'	'	'	'	'	-19,440	'	'
Equity in income of subsidiary bank	'	'	'	'	'	'	'	'	-143,945	-54,124	-42,377
Equity in undistributed income of other subsidiaries	'	'	'	'	'	'	'	'	-5	-8	-14
Share-based compensation	'	'	'	'	'	'	'	'	4,931	90	153
Other, net	'	'	'	'	'	'	'	'	-18,548	7,681	4,755
Net cash provided by operating activities	'	'	'	'	'	'	'	'	-4,932	1,060	-912
Cash flows from investing activities	'	'	'	'	'	'	'	'	'	'	'
Investment in subsidiary bank	'	'	'	'	'	'	'	'	'	'	-283,000
Distribution from unconsolidated subsidiaries	'	'	'	'	'	'	'	'	9,000	'	'
Contributions to unconsolidated subsidiaries	'	'	'	'	'	'	'	'	-9,000	'	'
Net cash used in investing activities	'	'	'	'	'	'	'	'	'	'	-283,000
Cash flows from financing activities	'	'	'	'	'	'	'	'	'	'	'
Net proceeds from issuance of common stock and stock option exercises	'	'	'	'	'	'	'	'	74	'	323,538
Repayments of long-term debt	'	'	'	'	'	'	'	'	-15,464	'	'
Dividends paid	'	'	'	'	'	'	'	'	-6,735	'	'
Net cash provided by financing activities	'	'	'	'	'	'	'	'	-22,125	'	323,538
Net decrease in cash and cash equivalents	'	'	'	'	'	'	'	'	-27,057	1,060	39,626
At beginning of year	'	'	'	46,686	'	'	'	45,626	46,686	45,626	6,000
At end of year	$19,629	'	'	'	$46,686	'	'	'	$19,629	$46,686	$45,626

UNAUDITED_QUARTERLY_FINANCIAL_2

UNAUDITED QUARTERLY FINANCIAL INFORMATION (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
UNAUDITED QUARTERLY FINANCIAL INFORMATION	'	'	'	'	'	'	'	'	'	'	'
Total interest income	$37,133	$35,558	$34,992	$32,595	$31,389	$31,674	$32,479	$32,903	$140,278	$128,445	$136,450
Total interest expense	1,637	1,787	1,819	1,926	1,999	2,114	2,220	2,401	7,169	8,734	18,629
Net interest income	35,496	33,771	33,173	30,669	29,390	29,560	30,259	30,502	133,109	119,711	117,821
Provision (credit) for loan and lease losses	-1,333	-3,189	-227	-6,561	-2,283	-4,982	-6,630	-4,990	-11,310	-18,885	-40,690
Net interest income after provision for loan and lease losses	36,829	36,960	33,400	37,230	31,673	34,542	36,889	35,492	144,419	138,596	158,511
Investment securities gains	482	'	'	'	'	789	'	'	482	789	1,306
Income before income taxes	13,731	12,378	16,212	17,507	12,410	10,721	10,812	13,478	59,828	47,421	36,571
Net income	$10,295	$10,204	$14,267	$137,309	$12,410	$10,721	$10,812	$13,478	$172,075	$47,421	$36,571
Basic earnings per share (in dollars per share)	$0.24	$0.24	$0.34	$3.28	$0.30	$0.26	$0.26	$0.32	$4.10	$1.14	$3.36
Diluted earnings per share (in dollars per share)	$0.24	$0.24	$0.34	$3.25	$0.29	$0.26	$0.26	$0.32	$4.07	$1.13	$3.31

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Feb. 14, 2014

Feb. 21, 2014

Feb. 21, 2014

Feb. 20, 2014

Feb. 20, 2014

Feb. 20, 2014

Feb. 20, 2014

Feb. 20, 2014

Feb. 21, 2014

Feb. 21, 2014

Feb. 21, 2014

In Millions, except Share data, unless otherwise specified

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Subsequent event

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Forecast

Forecast

Forecast

Repurchase Agreements

Repurchase Agreements

Repurchase Agreements

Repurchase Agreements

Repurchase Agreements

Repurchase Agreements

Repurchase Agreements

Common Stock

Common Stock

Common Stock

Maximum

Minimum

Lead Investors

Carlyle

Carlyle

Anchorage

Anchorage

Maximum

Minimum

Maximum

Maximum

Subsequent events

'

'

'

'

'

'

'

'

'

'

'

'

'

Tender offer price (in dollars per share)

'

'

'

$21

$18.50

'

'

'

'

'

'

'

'

Purchase price after the expiration date of the Tender Offer (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

$21

$18.50

Increment in purchase price after the expiration date of the Tender Offer (in dollars per share)

'

'

'

'

'

'

'

'

'

'

$0.10

'

'

Common stock, issued shares

42,107,633

41,867,046

42,108,496

'

'

'

'

'

'

'

'

'

'

Common stock, outstanding shares

42,107,633

41,867,046

42,108,496

'

'

'

'

'

'

'

'

'

'

Number of shares repurchased or acquired through tender offer

'

'

'

3,718,918

3,276,190

'

'

'

'

'

'

5,952,380

6,756,755

Shares offered to purchase pursuant to the tender offer as a percentage of shares issued and outstanding, if tender offer is fully subscribed

'

'

'

8.80%

7.80%

'

'

'

'

'

'

'

'

Number of shares of common stock held by investors

'

'

'

'

'

'

9,463,095

'

9,463,095

'

'

'

'

Percentage of shares of common stock held by investors

'

'

'

'

'

44.90%

22.50%

'

22.50%

'

'

'

'

Value of shares repurchased or acquired through tender offer

'

'

'

$68.80

'

$56.20

'

$28.10

'

$28.10

'

$125

'

Purchase price, if the tender offer is fully subscribed (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

$21

$18.50

Share repurchase percentage of issued and outstanding shares, if the tender offer and share repurchase is fully subscribed at maximum purchase price

'

'

'

'

'

'

'

'

'

'

14.10%

'

'

Share repurchase percentage of issued and outstanding shares, if the tender offer and share repurchase is fully subscribed at minimum purchase price

'

'

'

'

'

'

'

'

'

'

16.00%

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'