Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | ||
Sep. 30, 2013 | Nov. 07, 2013 | Nov. 07, 2013 | |
Class A Common Stock | Class B Common Stock | ||
Entity Registrant Name | 'FIRST CITIZENS BANCSHARES INC /DE/ | ' | ' |
Entity Central Index Key | '0000798941 | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' |
Document Type | '10-Q | ' | ' |
Document Period End Date | 30-Sep-13 | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Document Fiscal Period Focus | 'Q3 | ' | ' |
Amendment Flag | 'false | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 8,586,058 | 1,032,883 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Assets | ' | ' | ||
Cash and due from banks | $569,118 | [1] | $639,730 | [2] |
Overnight investments | 1,354,131 | [1] | 443,180 | [2] |
Investment securities available for sale | 5,161,585 | [1] | 5,226,228 | [2] |
Investment securities held to maturity | 1,013 | [1] | 1,342 | [2] |
Loans held for sale | 43,054 | [1] | 86,333 | [2] |
Loans and leases: | ' | ' | ||
Acquired | 1,188,281 | [1] | 1,809,235 | [2] |
Originated | 11,884,585 | [2] | 11,576,115 | [2] |
Less allowance for loan and lease losses | 237,799 | [1] | 319,018 | [2] |
Net loans and leases | 12,835,067 | [1] | 13,066,332 | [2] |
Premises and equipment | 868,001 | [1] | 882,768 | [2] |
Other real estate owned: | ' | ' | ||
Covered under loss share agreements in other real estate owned | 58,769 | [1] | 102,577 | [2] |
Not covered under loss share agreements in other real estate owned | 40,338 | [1] | 43,513 | [2] |
Income earned not collected | 46,110 | [1] | 47,666 | [2] |
Receivable from FDIC for loss share agreements | 100,553 | [1] | 270,192 | [1] |
Goodwill | 102,625 | [1] | 102,625 | [2] |
Other intangible assets | 1,696 | [1] | 3,556 | [2] |
Other assets | 329,292 | [1] | 367,610 | [2] |
Total assets | 21,511,352 | [1] | 21,283,652 | [2] |
Liabilities | ' | ' | ||
Noninterest-bearing | 5,323,051 | [1] | 4,885,700 | [2] |
Interest-bearing | 12,740,268 | [1] | 13,200,325 | [2] |
Total deposits | 18,063,319 | [1] | 18,086,025 | [2] |
Debt, Current | 604,435 | [1] | 568,505 | [1] |
Long-term obligations | 510,963 | [1] | 444,921 | [2] |
Payable to FDIC for loss share agreements | 107,419 | 101,641 | ||
Other liabilities | 243,159 | [1] | 218,553 | [2] |
Total liabilities | 19,529,295 | [1] | 19,419,645 | [2] |
Shareholders' Equity | ' | ' | ||
Surplus | 143,766 | [1] | 143,766 | [2] |
Retained earnings | 1,924,217 | [1] | 1,792,726 | [2] |
Accumulated other comprehensive loss | -95,545 | [1] | -82,106 | [2] |
Total shareholders' equity | 1,982,057 | [1] | 1,864,007 | [2] |
Total liabilities and shareholders' equity | 21,511,352 | [1] | 21,283,652 | [2] |
Class A Common Stock | ' | ' | ||
Shareholders' Equity | ' | ' | ||
Common stock | 8,586 | [1] | 8,588 | [2] |
Class B Common Stock | ' | ' | ||
Shareholders' Equity | ' | ' | ||
Common stock | $1,033 | [1] | $1,033 | [2] |
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | |||
Class A Common Stock | ' | ' | ' | |||
Common stock, par value (in dollars per share) | $1 | [1] | $1 | [2] | $1 | [1] |
Common stock, shared authorized | 11,000,000 | [1] | 11,000,000 | [2] | 11,000,000 | [1] |
Common stock, shares issued | 8,586,058 | [1] | 8,588,031 | [2] | 8,628,810 | [1] |
Common stock, shares outstanding | 8,586,058 | [1] | 8,588,031 | [2] | 8,628,810 | [1] |
Class B Common Stock | ' | ' | ' | |||
Common stock, par value (in dollars per share) | $1 | [1] | $1 | [2] | $1 | [1] |
Common stock, shared authorized | 2,000,000 | [1] | 2,000,000 | [2] | 2,000,000 | [1] |
Common stock, shares issued | 1,032,883 | [1] | 1,032,883 | [2] | 1,626,937 | [1] |
Common stock, shares outstanding | 1,032,883 | [1] | 1,032,883 | [2] | 1,626,937 | [1] |
[1] | Unaudited | |||||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Interest income | ' | ' | ' | ' |
Loans and leases | $182,201 | $226,812 | $579,115 | $696,813 |
Investment securities: | ' | ' | ' | ' |
U. S. Treasury | 392 | 559 | 1,355 | 1,968 |
Government agency | 2,809 | 3,692 | 9,203 | 12,401 |
Residential mortgage-backed securities | 6,415 | 4,792 | 15,500 | 8,883 |
Corporate bonds | 0 | 278 | 0 | 2,319 |
State, county and municipal | 2 | 6 | 10 | 30 |
Other | 78 | 108 | 231 | 301 |
Total investment securities interest and dividend income | 9,696 | 9,435 | 26,299 | 25,902 |
Overnight investments | 737 | 427 | 1,750 | 1,230 |
Total interest income | 192,634 | 236,674 | 607,164 | 723,945 |
Interest expense | ' | ' | ' | ' |
Deposits | 7,923 | 13,850 | 27,233 | 45,369 |
Short-term borrowings | 744 | 1,114 | 2,128 | 4,089 |
Long-term obligations | 4,784 | 6,354 | 14,210 | 22,747 |
Total interest expense | 13,451 | 21,318 | 43,571 | 72,205 |
Net interest income | 179,183 | 215,356 | 563,593 | 651,740 |
Provision for loan and lease losses | -7,683 | 17,623 | -39,531 | 78,005 |
Net interest income after provision for loan and lease losses | 186,866 | 197,733 | 603,124 | 573,735 |
Noninterest income | ' | ' | ' | ' |
Cardholder and merchant services | 12,791 | 11,505 | 35,887 | 33,540 |
Merchant Discount Fees | 14,887 | 13,220 | 42,619 | 38,332 |
Service charges on deposit accounts | 15,546 | 15,549 | 45,428 | 45,456 |
Wealth management services | 15,112 | 14,129 | 44,724 | 42,414 |
Fees from processing services | 4,539 | 9,521 | 15,209 | 25,640 |
Securities gains (losses) | 0 | 31 | 0 | -11 |
Other service charges and fees | 4,043 | 3,377 | 11,775 | 10,392 |
Mortgage income | 2,277 | 1,619 | 9,734 | 4,718 |
Insurance commissions | 2,772 | 2,568 | 8,146 | 7,562 |
ATM income | 1,316 | 1,263 | 3,798 | 3,999 |
Adjustments for FDIC receivable for loss share agreements | -23,298 | -16,858 | -61,790 | -57,788 |
Other | 21,933 | -4,082 | 38,896 | 1,827 |
Total noninterest income | 71,918 | 51,842 | 194,426 | 156,081 |
Noninterest expense | ' | ' | ' | ' |
Salaries and wages | 76,463 | 76,675 | 228,384 | 229,145 |
Employee benefits | 21,889 | 18,741 | 70,136 | 59,548 |
Occupancy expense | 18,844 | 18,860 | 56,117 | 55,467 |
Equipment expense | 18,822 | 17,983 | 56,466 | 54,147 |
FDIC insurance expense | 2,706 | 2,016 | 7,795 | 7,739 |
Foreclosure-related expenses | 4,287 | 7,255 | 12,059 | 27,248 |
Other | 49,132 | 48,547 | 144,108 | 134,911 |
Total noninterest expense | 192,143 | 190,077 | 575,065 | 568,205 |
Income before income taxes | 66,641 | 59,498 | 222,485 | 161,611 |
Income taxes | 25,659 | 19,974 | 82,012 | 49,009 |
Net income | $40,982 | $39,524 | $140,473 | $112,602 |
Average shares outstanding (in shares) | 9,618,941 | 10,264,159 | 9,618,955 | 10,273,082 |
Net income per share | $4.26 | $3.85 | $14.60 | $10.96 |
Consolidated_Statement_of_Comp
Consolidated Statement of Comprehensive Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Statement of Comprehensive Income [Abstract] | ' | ' | ' | ' |
Net income | $40,982 | $39,524 | $140,473 | $112,602 |
Unrealized gains on securities: | ' | ' | ' | ' |
Change in unrealized securities gains arising during period | 3,470 | 14,783 | -36,998 | 16,376 |
Deferred tax benefit (expense) | -1,177 | -5,949 | 14,657 | -6,582 |
Reclassification adjustment for losses (gains) included in income before income taxes | 0 | -31 | 0 | -34 |
Deferred tax expense (benefit) | 0 | 12 | 0 | 13 |
Total change in unrealized gains on securities, net of tax | 2,293 | 8,815 | -22,341 | 9,773 |
Change in fair value of cash flow hedges: | ' | ' | ' | ' |
Change in unrecognized loss on cash flow hedges | -544 | -919 | 26 | -2,750 |
Deferred tax benefit (expense) | 214 | 364 | -11 | 1,086 |
Reclassification adjustment for gains (losses) included in income before income taxes | 831 | 769 | 2,463 | 2,294 |
Deferred tax benefit | -400 | -304 | -1,044 | -906 |
Total change in unrecognized loss on cash flow hedges, net of tax | 101 | -90 | 1,434 | -276 |
Change in pension obligation: | ' | ' | ' | ' |
Reclassification adjustment for losses included in income before income taxes | 4,298 | 2,788 | 12,896 | 8,368 |
Deferred tax expense | -2,061 | -1,092 | -5,428 | -3,277 |
Total change in pension obligation, net of tax | 2,237 | 1,696 | 7,468 | 5,091 |
Net current period other comprehensive income (loss) | 4,631 | 10,421 | -13,439 | 14,588 |
Total comprehensive income | $45,613 | $49,945 | $127,034 | $127,190 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes In Shareholders' Equity (USD $) | Total | Class A Common Stock | Class B Common Stock | Common Stock | Common Stock | Surplus | Surplus | Surplus | Retained Earnings | Retained Earnings | Retained Earnings | Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss | |
In Thousands, unless otherwise specified | Class A Common Stock | Class B Common Stock | Class A Common Stock | Class B Common Stock | Class A Common Stock | Class B Common Stock | Class A Common Stock | Class B Common Stock | |||||||
Beginning balance at Dec. 31, 2011 | $1,861,128 | ' | ' | $8,644 | $1,640 | $143,766 | ' | ' | $1,773,652 | ' | ' | ($66,574) | ' | ' | |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |
Net income | 112,602 | ' | ' | 0 | 0 | 0 | ' | ' | 112,602 | ' | ' | 0 | ' | ' | |
Net current period other comprehensive income | 14,588 | ' | ' | 0 | 0 | 0 | ' | ' | 0 | ' | ' | 14,588 | ' | ' | |
Repurchase of common stock shares | ' | -2,535 | -2,414 | -15 | -13 | ' | 0 | 0 | ' | -2,520 | -2,401 | ' | 0 | 0 | |
Cash dividends | -9,245 | ' | ' | 0 | 0 | 0 | ' | ' | -9,245 | ' | ' | 0 | ' | ' | |
Ending balance at Sep. 30, 2012 | 1,974,124 | ' | ' | 8,629 | 1,627 | 143,766 | ' | ' | 1,872,088 | ' | ' | -51,986 | ' | ' | |
Beginning balance at Dec. 31, 2012 | 1,864,007 | [1] | ' | ' | 8,588 | 1,033 | 143,766 | ' | ' | 1,792,726 | ' | ' | -82,106 | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | |
Net income | 140,473 | ' | ' | 0 | 0 | 0 | ' | ' | 140,473 | ' | ' | 0 | ' | ' | |
Net current period other comprehensive income | -13,439 | ' | ' | 0 | 0 | 0 | ' | ' | 0 | ' | ' | -13,439 | ' | ' | |
Repurchase of common stock shares | ' | -321 | ' | -2 | ' | ' | 0 | ' | ' | -319 | ' | ' | 0 | ' | |
Cash dividends | -8,663 | ' | ' | 0 | 0 | 0 | ' | ' | -8,663 | ' | ' | 0 | ' | ' | |
Ending balance at Sep. 30, 2013 | $1,982,057 | [2] | ' | ' | $8,586 | $1,033 | $143,766 | ' | ' | $1,924,217 | ' | ' | ($95,545) | ' | ' |
[1] | Derived from 2012 Annual Report on Form 10-K. | ||||||||||||||
[2] | Unaudited |
Consolidated_Statements_of_Cha1
Consolidated Statements of Changes In Shareholders' Equity (Parenthetical) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Statement of Stockholders' Equity [Abstract] | ' | ' |
Cash dividends (in dollars per share) | $0.90 | $0.90 |
Class A Common Stock | ' | ' |
Statement of Stockholders' Equity [Abstract] | ' | ' |
Repurchase of common stock (in shares) | 1,973 | 15,497 |
Class B Common Stock | ' | ' |
Statement of Stockholders' Equity [Abstract] | ' | ' |
Repurchase of common stock (in shares) | 0 | 12,875 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
OPERATING ACTIVITIES | ' | ' |
Net income | $140,473 | $112,602 |
Adjustments to reconcile net income to cash provided by operating activities: | ' | ' |
Provision for loan and lease losses | -39,531 | 78,005 |
Deferred tax expense (benefit) | -18,000 | 5,999 |
Change in current taxes payable | -37,737 | 23,051 |
Depreciation | 52,212 | 50,685 |
Change in accrued interest payable | -3,302 | -12,574 |
Change in income earned not collected | 1,556 | -9,349 |
Gain on sale of other assets | -4,085 | 0 |
Securities losses (gains) | 0 | 11 |
Origination of loans held for sale | -323,665 | -415,527 |
Proceeds from sale of loans held for sale | 376,395 | 433,489 |
Gain on sale of loans | -9,451 | -4,033 |
Loss on sale of other real estate | 4,574 | 31,070 |
Net amortization of premiums and discounts | -96,091 | -90,461 |
FDIC receivable for loss share agreements | 58,802 | -15,240 |
Net change in other assets | 107,757 | 26,617 |
Net change in other liabilities | 56,440 | 5,316 |
Net cash provided by operating activities | 266,347 | 219,661 |
INVESTING ACTIVITIES | ' | ' |
Net change in loans outstanding | 364,916 | 592,015 |
Purchases of investment securities available for sale | -1,940,198 | -4,241,879 |
Proceeds from maturities of investment securities held to maturity | 329 | 363 |
Proceeds from maturities of investment securities available for sale | 1,951,735 | 3,293,188 |
Proceeds from sales of investment securities available for sale | 0 | 56 |
Net change in overnight investments | -910,951 | -253,221 |
Cash received from the FDIC for loss share agreements | 45,103 | 223,863 |
Proceeds from sale of other real estate | 120,712 | 114,357 |
Additions to premises and equipment | -38,887 | -73,616 |
Net cash (used) provided by investing activities | -407,241 | -344,874 |
FINANCING ACTIVITIES | ' | ' |
Net change in time deposits | -529,675 | -756,798 |
Net change in demand and other interest-bearing deposits | 506,969 | 1,072,739 |
Net change in short-term borrowings | 35,930 | 62,551 |
Repayment of long-term obligations | -3,958 | -223,779 |
Origination of long-term obligations | 70,000 | 0 |
Repurchase of common stock | -321 | -4,949 |
Cash dividends paid | -8,663 | -9,245 |
Net cash provided (used) by financing activities | 70,282 | 140,519 |
Change in cash and due from banks | -70,612 | 15,306 |
Cash and due from banks at beginning of period | 639,730 | 590,801 |
Cash and due from banks at end of period | 569,118 | 606,107 |
CASH PAYMENTS FOR: | ' | ' |
Interest | 46,873 | 84,779 |
Income taxes | 99,398 | 35,208 |
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES: | ' | ' |
Change in unrealized securities gains (losses) | -36,998 | 16,342 |
Change in fair value of cash flow hedge | 2,489 | -456 |
Change in pension obligation | 12,896 | 8,368 |
Transfers of loans to other real estate | 78,303 | 117,363 |
Reclassification | $7,368 | $0 |
Accounting_Policies_and_Basis_
Accounting Policies and Basis of Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Accounting Policies and Basis of Presentation | ' |
Accounting Policies and Basis of Presentation | |
First Citizens BancShares, Inc. (BancShares) is a financial holding company organized under the laws of Delaware and conducts operations through its banking subsidiary, First-Citizens Bank & Trust Company (FCB), which is headquartered in Raleigh, North Carolina. | |
On August 28, 2013, BancShares' bank subsidiary, FCB and 1st Financial Services Corporation (1st Financial) announced that they had entered into a definitive merger agreement. The agreement provides for the merger of Hendersonville, N.C.-based 1st Financial and its bank subsidiary, Mountain 1st Bank & Trust Company (Mountain 1st), into FCB. The agreement has been approved by the Boards of Directors of 1st Financial, Mountain 1st and FCB. The transaction is expected to close no later than the first quarter of 2014, subject to the receipt of regulatory approvals, the approval of 1st Financial's shareholders, and other customary closing conditions. Under the terms of the agreement, cash consideration of $10,000 will be split between the U.S. Treasury, which will receive $8,000 of the cash consideration in order for 1st Financial to exit from the federal TARP program, and 1st Financial's common shareholders, who will receive $2,000. | |
General | |
These consolidated financial statements and notes are presented in accordance with instructions for Form 10-Q and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (GAAP). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Form 10-Q should be read in conjunction with the consolidated financial statements and footnotes included in BancShares' Annual Report on Form 10-K for the year ended December 31, 2012. | |
BancShares evaluates all subsequent events prior to filing this Form 10-Q. | |
Reclassifications | |
In certain instances, amounts reported in prior years' consolidated financial statements have been reclassified to conform to the current financial statement presentation. Such reclassifications had no effect on previously reported cash flows, shareholders' equity or net income. | |
During the third quarter, management reevaluated its fair value leveling methodology and the inputs utilized by the 3rd party pricing services for the current and prior periods. Management concluded that due to the reliance on significant observable inputs, the fair values of its US Treasury, Government agency, and other securities should be classified as level 2 rather than the level 1 previously disclosed. Management also concluded that its equity securities should be classified as level 2 rather than the level 1 previously disclosed due to the inactive nature of the markets in which these securities trade. | |
Use of Estimates in the Preparation of Financial Statements | |
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates, and different assumptions in the application of these policies could result in material changes in BancShares' consolidated financial position, the consolidated results of its operations or related disclosures. Material estimates that are particularly susceptible to significant change include the determination of the allowance for loan and lease losses; determination of the fair value of financial instruments; pension plan assumptions; cash flow estimates on acquired loans; the receivable from and payable to the FDIC for loss share agreements; purchase accounting-related adjustments; and income tax assets, liabilities and expense. | |
Goodwill Impairment | |
Annual impairment tests are conducted as of July 31 each year. Based on the July 31, 2013, impairment test, management concluded there was no indication of goodwill impairment. In addition to the annual testing requirement, impairment tests are performed if various other events occur including significant adverse changes in the business climate, considering various qualitative and quantitative factors to determine whether impairment exists. There were no such events during the third quarter of 2013. | |
Critical Accounting Policies Update | |
As discussed below, during the second quarter of 2013, BancShares implemented enhancements to the process to estimate the allowance for loan and lease losses (ALLL) and the reserve for unfunded commitments. Through detailed analysis of historical loss data, the process enhancements enabled allocation of the previously unallocated 'nonspecific' ALLL and a portion of the reserve for unfunded loan commitments to specific loan classes. The enhanced ALLL estimates implicitly include the risk of draws on open lines within each loan class. The remaining reserve for unfunded commitments relates to irrevocable commitments, such as letters of credit and financial guarantees. Other than the modifications described above, the enhancements to the methodology had no material impact on the ALLL. | |
For originated commercial loans and leases, BancShares increased the granularity of the historical net loss data used to develop the applicable loss rates by utilizing information that further considers the class of the commercial loan and associated risk rating. For the originated noncommercial segment, BancShares incorporated specific loan class and delinquency status trends into the loss rates. Prior to the second quarter of 2013, management applied a general reserve methodology that estimated commercial loan allowances based upon loss rates by credit grade with the loss rates derived in part from migration analysis among grades and noncommercial allowances based upon loss rates derived primarily from historical losses. | |
Management also developed an enhanced qualitative framework for considering economic conditions, loan concentrations and other relevant factors at a loan class level. Prior to the second quarter of 2013, these factors were considered in determining the nonspecific portion of the ALLL, which was not allocated to any specific loan class. | |
Management believes that the methodology enhancements will improve the granularity of historical net loss data and the precision of the segment analysis. As a result of the enhanced process to determine the ALLL, management has updated the accounting policy disclosures for the ALLL and the reserve for unfunded commitments. | |
Allowance for Loan and Lease Losses | |
The ALLL represents management's best estimate of probable credit losses within the loan and lease portfolio at the balance sheet date. Management determines the ALLL based on an ongoing evaluation. This evaluation is inherently subjective because it requires material estimates, including the amount and timing of cash flows expected to be received on acquired loans. Those estimates are susceptible to significant change. Adjustments to the ALLL are recorded with a corresponding entry to provision for loan and lease losses. Loan and lease balances deemed to be uncollectible are charged off against the ALLL. Recoveries of amounts previously charged off are credited to the ALLL. | |
Accounting standards require the presentation of certain information at the portfolio segment level, which represents the level at which an entity develops and documents a systematic methodology to determine its ALLL. BancShares evaluates its loan and lease portfolio using three portfolio segments: originated commercial, originated noncommercial and acquired. The originated commercial segment includes commercial construction and land development, commercial mortgage, commercial and industrial, lease financing and other commercial real estate loans, and the related ALLL is calculated based on a risk-based approach as reflected in credit grades assigned to commercial segment loans. The originated noncommercial segment includes noncommercial construction and land development, residential mortgage, revolving mortgage and consumer loans, and the associated ALLL was determined using a delinquency-based approach. The ALLL for acquired loans was determined based on the expected cash flows approach. | |
BancShares' methodology for calculating the ALLL includes estimating a general allowance for pools of loans and specific allocations for significant individual credits. The general allowance is based on net historical loan loss experience for homogeneous groups of loans with similar risk characteristics and performance trends. The general allowance estimate also contains qualitative components that allow management to adjust reserves based on historical loan loss experience for changes | |
in the economic environment, portfolio trends and other factors. The specific allowance component is determined when management believes that the collectability of an individually reviewed loan has been impaired and a loss is probable. The fair value of impaired loans is based on the present value of expected cash flows, market prices of the loans, if available, or the value of the underlying collateral. Expected cash flows are discounted at the loans' effective interest rates. | |
The general allowance considers probable, incurred losses that are inherent within the loan portfolio but have not been specifically identified. Loans are divided into segments for analysis based in part on the risk profile inherent in each segment. Loans are further segmented into classes to appropriately recognize changes in inherent risk. A primary component of determining the general allowance for performing and classified loans not analyzed specifically is the actual loss history of the various classes. Loan loss factors based on historical experience may be adjusted for significant factors that, in management's judgment, affect the collectability of the portfolio at the balance sheet date. For originated commercial loans and leases, management incorporates historical net loss data to develop the applicable loan loss factors by utilizing information that further considers the class of the commercial loan and associated risk rating. For the originated noncommercial segment, management incorporates specific loan class and delinquency status trends into the loan loss factors. Loan loss factors may be adjusted quarterly based on changes in the level of historical net charge-offs and model adjustment parameter updates by management, such as the number of periods included in the calculation of loss factors, loss severity and portfolio attrition. | |
The quarterly ALLL evaluation process also includes a qualitative framework that considers economic conditions, composition of the loan portfolio, trends in delinquent and nonperforming loans, historical loss experience by categories of loans, concentrations of credit, changes in lending policies and underwriting standards, regulatory exam results and other factors indicative of potential losses remaining in the portfolio. Management may adjust the ALLL calculated based on historical loan loss factors when assessing changes in the factors in the qualitative framework. The adjustments to the ALLL for the qualitative framework are based on economic data, data analysis of portfolio trends and management judgment. These adjustments are specific to the loan class level. Prior to the second quarter of 2013, a portion of the allowance for loan and lease losses was not allocated to any specific class of loans. This nonspecific portion reflected management's best estimate of the elements of imprecision and estimation risk inherent in the calculation of the overall allowance. | |
A loan is considered to be impaired under ASC Topic 310 Receivables when, based upon current information and events, it is probable that BancShares will be unable to collect all amounts due according to the contractual terms of the loan. Originated impaired loans are placed on nonaccrual status. Originated loan relationships rated substandard or worse that are greater than or equal to $500 are reviewed for potential impairment on a quarterly basis. Loans classified as trouble debt restructures (TDRs) are also reviewed for potential impairment. Specific valuation allowances are established or partial charge-offs are recorded on impaired loans for the difference between the loan amount and the estimated fair value. | |
Management continuously monitors and actively manages the credit quality of the entire loan portfolio and adjusts the ALLL to an appropriate level. By assessing the probable estimated incurred losses in the loan portfolio on a quarterly basis, management is able to adjust specific and general loss estimates based upon the most recent information available. Future adjustments to the ALLL may be necessary based on changes in economic and other conditions. Additionally, various regulatory agencies, as an integral part of their examination process, periodically review BancShares' ALLL. Such agencies may require the recognition of adjustments to the ALLL based on their judgments of information available to them at the time of their examination. Management considers the established ALLL adequate to absorb probable losses that relate to loans and leases outstanding as of September 30, 2013. | |
Each portfolio segment and the classes within those segments are subject to risks that could have an adverse impact on the credit quality of the loan and lease portfolio and the related ALLL. Management has identified the most significant risks as described below that are generally similar among the segments and classes. While the list is not exhaustive, it provides a description of the risks management has determined are the most significant. | |
Originated Commercial Loans and Leases | |
Each commercial loan or lease is centrally underwritten based primarily upon the customer's ability to generate the required cash flow to service the debt in accordance with the contractual terms and conditions of the loan agreement. A complete understanding of the borrower's business, including the experience and background of the principals, is obtained prior to approval. To the extent that the loan or lease is secured by collateral, which is true for the majority of commercial loans and leases, the likely value of the collateral and what level of strength the collateral brings to the transaction is evaluated. To the extent that the principals or other parties provide personal guarantees, the relative financial strength and liquidity of each guarantor is assessed. | |
The significant majority of relationships in the originated commercial segment are assigned credit risk grades based upon an assessment of conditions that affect the borrower's ability to meet contractual obligations under the loan agreement. This process includes reviewing the borrowers' financial information, payment history, credit documentation, public information and other information specific to each borrower. Credit risk grades are reviewed annually, or at any point management becomes aware of information affecting the borrowers' ability to fulfill their obligations. Our risk grading standards are described in Note C. | |
The impairment assessment and determination of the related specific reserve for each impaired loan is based on a loan's characteristics. Impairment measurement for loans that are not collateral dependent is based on the present value of expected cash flows discounted at the loan's effective interest rate. Specific valuation allowances are established or partial charge-offs are recorded for the difference between the loan amount and the estimated fair value. Impairment measurement for most real estate loans, particularly when a loan is considered to be a probable foreclosure, is based on the fair value of the underlying collateral. Collateral is appraised and market value, appropriately adjusted for an assessment of the sales and marketing costs as well as the expected holding period, is used to calculate an anticipated fair value. | |
General reserves for collective impairment are based on estimated incurred losses related to non-impaired commercial loans and leases as of the balance sheet date. Incurred loss estimates for the originated commercial segment are based on average loss rates, which are estimated using historical experience and current risk mix as indicated by the risk grading process. Incurred loss estimates may be adjusted through a qualitative assessment to reflect current economic conditions and portfolio trends including credit quality, concentrations, aging of the portfolio and significant policy and underwriting changes. | |
Common risks to each class of commercial loans include general economic conditions within the markets BancShares serves, as well as risks that are specific to each transaction including demand for products and services, personal events, such as disability or change in marital status, and reductions in the value of collateral. Due to the concentration of loans in the medical, dental and related fields, BancShares is susceptible to risks that governmental actions, including implementation of the Affordable Care Act, will fundamentally alter the medical care industry in the United States. | |
In addition to these common risks for the majority of the originated commercial segment, additional risks are inherent in certain classes of originated commercial loans and leases. | |
Commercial construction and land development | |
Commercial construction and land development loans are highly dependent on the supply and demand for commercial real estate in the markets served by BancShares as well as the demand for newly constructed residential homes and lots that customers are developing. Deterioration in demand could result in decreases in collateral values and could make repayment of the outstanding loans more difficult for customers. | |
Commercial mortgage, commercial and industrial and lease financing | |
Commercial mortgage loans, commercial and industrial loans and lease financing are primarily dependent on the ability of borrowers to achieve business results consistent with those projected at loan origination resulting in cash flow sufficient to service the debt. To the extent that a customer's business results are significantly unfavorable versus the original projections, the ability for the loan to be serviced on a basis consistent with the contractual terms may be at risk. While these loans and leases are generally secured by real property, personal property, or business assets such as inventory or accounts receivable, it is possible that the liquidation of the collateral will not fully satisfy the obligation. | |
Other commercial real estate | |
Other commercial real estate loans consist primarily of loans secured by multifamily housing and agricultural loans. The primary risk associated with multifamily loans is the ability of the income-producing property that collateralizes the loan to produce adequate cash flow to service the debt. High unemployment or generally weak economic conditions may result in customers having to provide rental rate concessions to achieve adequate occupancy rates. The performance of agricultural loans is highly dependent on favorable weather, reasonable costs for seed and fertilizer and the ability to successfully market the product at a profitable margin. The demand for these products is also dependent on macroeconomic conditions that are beyond the control of the borrower. | |
Originated Noncommercial Loans and Leases | |
Each originated noncommercial loan is centrally underwritten using automated credit scoring and analysis tools. These credit scoring tools take into account factors such as payment history, credit utilization, length of credit history, types of credit currently in use and recent credit inquiries. To the extent that the loan is secured by collateral, the likely value of that collateral is evaluated. | |
The ALLL for the originated noncommercial segment is primarily calculated on a pool basis using a delinquency-based approach. Estimates of incurred losses are based on historical loss experience and the current risk mix as indicated by prevailing delinquency rates. These estimates may be adjusted through a qualitative assessment to reflect current economic conditions, portfolio trends and other factors. The remaining portion of the ALLL related to the originated noncommercial segment results from loans that are deemed impaired. The impairment assessment and determination of the related specific reserve for each impaired loan is based on a loan's characteristics. Impairment measurement for loans that are not collateral dependent is based on the present value of expected cash flows discounted at the loan's effective interest rate. Specific valuation allowances are established or partial charge-offs are recorded for the difference between the loan amount and the estimated fair value. Impairment measurement for most real estate loans, particularly when a loan is considered to be a probable foreclosure, is based on the fair value of the underlying collateral. Collateral is appraised and market value, appropriately adjusted for an assessment of the sales and marketing costs as well as the expected holding period, is used to calculate an anticipated fair value. | |
Common risks to each class of noncommercial loans include risks that are not specific to individual transactions such as general economic conditions within the markets BancShares serves, particularly unemployment and potential declines in real estate values. Personal events such as disability or change in marital status also add risk to noncommercial loans. | |
In addition to these common risks for the majority of noncommercial loans, additional risks are inherent in certain classes of noncommercial loans. | |
Revolving mortgage | |
Revolving mortgage loans are often secured by second liens on residential real estate, thereby making such loans particularly susceptible to declining collateral values. A substantial decline in collateral value could render a second lien position to be effectively unsecured. Additional risks include lien perfection inaccuracies, disputes with first lienholders and uncertainty regarding the customer's performance with respect to the first lien that may further weaken the collateral position. Further, the open-end structure of these loans creates the risk that customers may draw on the lines in excess of the collateral value if there have been significant declines since origination. | |
Consumer | |
The consumer loan portfolio includes loans secured by personal property such as automobiles, marketable securities, other titled recreational vehicles including boats and motorcycles, as well as unsecured consumer debt. The value of underlying collateral within this class is especially volatile due to potential rapid depreciation in values since date of loan origination, potentially in excess of principal balances. | |
Residential mortgage and noncommercial construction and land development | |
Residential mortgage and noncommercial construction and land development loans are made to individuals and are typically secured by 1-4 family residential property, undeveloped land and partially developed land in anticipation of pending construction of a personal residence. Significant and rapid declines in real estate values can result in residential mortgage loan borrowers having debt levels in excess of the current market value of the collateral. Noncommercial construction and land development projects can experience delays in completion and cost overruns that exceed the borrower's financial ability to complete the project. Such cost overruns can routinely result in foreclosure of partially completed and unmarketable collateral. | |
Acquired loans | |
The risks associated with acquired loans are generally consistent with the risks identified for commercial and noncommercial originated loans and the classes of loans within those segments. However, these loans were underwritten by other institutions with weaker lending standards. Additionally, in some cases, collateral for acquired loans is located in regions that have experienced profound erosion of real estate values. Therefore, there exists a significant risk that acquired loans are not adequately supported by borrower cash flow or the values of underlying collateral. | |
Reserve for Unfunded Commitments | |
The reserve for unfunded commitments represents the estimated probable losses related to unfunded lending commitments, such as letters of credit and financial guarantees. The reserve is calculated in a manner similar to the loans evaluated collectively for impairment, considering the likelihood that the available credit will be utilized as well as the exposure to default. The reserve for unfunded commitments is presented within other liabilities on the consolidated balance sheets, distinct from the ALLL, and adjustments to the reserve for unfunded commitments are included in other noninterest expense in the consolidated statements of income. | |
Recent Accounting and Regulatory Pronouncements | |
Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU ) 2013-11, “Income Taxes (Topic 740)” | |
This ASU states that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require BancShares to use, and BancShares does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. | |
The provisions of this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. | |
The provisions of this ASU will be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. BancShares will adopt this ASU by the date required and does not anticipate that the ASU will have a material effect on its financial position or results of operations. | |
FASB ASU 2013-10, “Derivatives and Hedging (Topic 815)" | |
This ASU permits the use of the Fed Funds Effective Swap Rate (OIS) by BancShares as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to United States Treasury (UST) and London Interbank Offered Rate (LIBOR). The amendments also remove the restriction on using different benchmark rates for similar hedges. | |
The amendments are effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. Adoption of this ASU during the third quarter of 2013 did not have a material effect on BancShares' financial position or results of operations. | |
FASB ASU 2013-04, “Liabilities” | |
This ASU provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this ASU is fixed at the reporting date, except for obligations addressed within existing guidance in GAAP. | |
The updated guidance requires BancShares to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance in this ASU also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations. | |
The amendments in this update are effective for fiscal years beginning after December 31, 2013. Early adoption is permitted. BancShares will adopt the methodologies prescribed by this ASU by the date required, and does not anticipate that the ASU will have a material effect on its financial position or results of operations. | |
FASB ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income” | |
This ASU requires BancShares to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts, BancShares is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. | |
For public entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2012. BancShares adopted the methodologies prescribed by this ASU by the date required. Adoption of this ASU did not have a material effect on BancShares' financial position or results of operations. BancShares has included the required disclosures in Note L. | |
FASB ASU 2013-01, “Balance Sheet” | |
This ASU clarifies that the scope of ASU No. 2011-11, Disclosures about Offsetting Assets and Liabilities, applies to derivatives including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with Section 210-20-45 or Section 815-10-45 or are subject to a master netting arrangement or similar agreement. | |
BancShares is required to apply the amendments for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. The effective date is the same as the effective date of Update 2011-11. BancShares adopted the methodologies prescribed by this ASU by the date required. Adoption of this ASU did not have a material effect on BancShares' financial position or results of operations. |
Investments
Investments | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Investments [Abstract] | ' | |||||||||||||||||||||||
Investments | ' | |||||||||||||||||||||||
Investments | ||||||||||||||||||||||||
The aggregate values of investment securities at September 30, 2013, and December 31, 2012, along with unrealized gains and losses determined on an individual security basis are as follows: | ||||||||||||||||||||||||
Cost | Gross | Gross unrealized | Fair | |||||||||||||||||||||
unrealized | losses | value | ||||||||||||||||||||||
gains | ||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Investment securities available for sale | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
U.S. Treasury | $ | 448,201 | $ | 372 | $ | 41 | $ | 448,532 | ||||||||||||||||
Government agency | 2,583,888 | 2,320 | 1,428 | 2,584,780 | ||||||||||||||||||||
Mortgage-backed securities | 2,131,099 | 5,452 | 30,519 | 2,106,032 | ||||||||||||||||||||
Equity securities | 543 | 20,681 | — | 21,224 | ||||||||||||||||||||
State, county and municipal | 186 | 1 | — | 187 | ||||||||||||||||||||
Other | 857 | — | 27 | 830 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,164,774 | $ | 28,826 | $ | 32,015 | $ | 5,161,585 | ||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
U.S. Treasury | $ | 823,241 | $ | 403 | $ | 12 | $ | 823,632 | ||||||||||||||||
Government agency | 3,052,040 | 3,501 | 337 | 3,055,204 | ||||||||||||||||||||
Mortgage-backed securities | 1,315,211 | 14,787 | 341 | 1,329,657 | ||||||||||||||||||||
Equity securities | 543 | 15,822 | — | 16,365 | ||||||||||||||||||||
State, county and municipal | 546 | 4 | — | 550 | ||||||||||||||||||||
Other | 838 | — | 18 | 820 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,192,419 | $ | 34,517 | $ | 708 | $ | 5,226,228 | ||||||||||||||||
Investment securities held to maturity | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
Mortgage-backed securities | $ | 1,013 | $ | 67 | $ | — | $ | 1,080 | ||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
Mortgage-backed securities | $ | 1,342 | $ | 133 | $ | 27 | $ | 1,448 | ||||||||||||||||
Investments in mortgage-backed securities primarily represent securities issued by the Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. | ||||||||||||||||||||||||
The following table provides the maturity distribution for non-amortizing securities. Repayments of mortgage-backed securities are dependent on the repayments of the underlying loan balances. Equity securities do not have a stated maturity date. | ||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Cost | Fair | Cost | Fair | |||||||||||||||||||||
value | value | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Investment securities available for sale | ||||||||||||||||||||||||
Amortizing securities maturing in: | ||||||||||||||||||||||||
One year or less | $ | 864,992 | $ | 865,925 | $ | 2,285,159 | $ | 2,286,403 | ||||||||||||||||
One through five years | 2,168,080 | 2,168,344 | 1,590,608 | 1,592,923 | ||||||||||||||||||||
Five through 10 years | 60 | 60 | 898 | 880 | ||||||||||||||||||||
Over 10 years | — | — | — | — | ||||||||||||||||||||
Mortgage-backed securities | 2,131,099 | 2,106,032 | 1,315,211 | 1,329,657 | ||||||||||||||||||||
Equity securities | 543 | 21,224 | 543 | 16,365 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,164,774 | $ | 5,161,585 | $ | 5,192,419 | $ | 5,226,228 | ||||||||||||||||
Investment securities held to maturity | ||||||||||||||||||||||||
Mortgage-backed securities held to maturity | $ | 1,013 | $ | 1,080 | $ | 1,342 | $ | 1,448 | ||||||||||||||||
For each period presented, securities gains (losses) include the following: | ||||||||||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Gross gains on sales of investment securities available for sale | $ | — | $ | 31 | $ | — | $ | 36 | ||||||||||||||||
Gross losses on sales of investment securities available for sale | — | — | — | (2 | ) | |||||||||||||||||||
Other than temporary impairment loss on equity securities | — | — | — | (45 | ) | |||||||||||||||||||
Total securities gains (losses) | $ | — | $ | 31 | $ | — | $ | (11 | ) | |||||||||||||||
The following table provides information regarding securities with unrealized losses as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||
Less than 12 months | 12 months or more | Total | ||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | |||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
Investment securities available for sale: | ||||||||||||||||||||||||
U.S. Treasury | $ | 51,836 | $ | 41 | $ | — | $ | — | $ | 51,836 | $ | 41 | ||||||||||||
Government agency | 953,103 | 1,428 | — | — | 953,103 | 1,428 | ||||||||||||||||||
Mortgage-backed securities | 1,820,909 | 29,712 | 27,949 | 807 | 1,848,858 | 30,519 | ||||||||||||||||||
Other | 830 | 27 | — | — | 830 | 27 | ||||||||||||||||||
Total | $ | 2,826,678 | $ | 31,208 | $ | 27,949 | $ | 807 | $ | 2,854,627 | $ | 32,015 | ||||||||||||
Investment securities held to maturity: | ||||||||||||||||||||||||
Mortgage-backed securities | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
Investment securities available for sale: | ||||||||||||||||||||||||
U.S. Treasury | $ | 120,045 | $ | 12 | $ | — | $ | — | $ | 120,045 | $ | 12 | ||||||||||||
Government agency | 407,498 | 337 | — | — | 407,498 | 337 | ||||||||||||||||||
Mortgage-backed securities | 135,880 | 214 | 9,433 | 127 | 145,313 | 341 | ||||||||||||||||||
Other | 820 | 18 | — | — | 820 | 18 | ||||||||||||||||||
Total | $ | 664,243 | $ | 581 | $ | 9,433 | $ | 127 | $ | 673,676 | $ | 708 | ||||||||||||
Investment securities held to maturity: | ||||||||||||||||||||||||
Mortgage-backed securities | $ | — | $ | — | $ | 17 | $ | 27 | $ | 17 | $ | 27 | ||||||||||||
Investment securities with an aggregate fair value of $27,949 have had continuous unrealized losses for more than 12 months as of September 30, 2013, with an aggregate unrealized loss of $807. These 17 investments are mortgage-backed securities. None of the unrealized losses identified as of September 30, 2013, or December 31, 2012, relate to the marketability of the securities or the issuer’s ability to honor redemption obligations. For all periods presented, BancShares had the ability and intent to retain these securities for a period of time sufficient to recover all unrealized losses. Therefore, none of the securities were deemed to be other than temporarily impaired. | ||||||||||||||||||||||||
Investment securities having an aggregate carrying value of $2,547,581 at September 30, 2013, and $2,351,072 at December 31, 2012, were pledged as collateral to secure public funds on deposit and certain short-term borrowings, and for other purposes as required by law. |
Loans_and_Leases
Loans and Leases | 9 Months Ended | |||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Abstract] | ' | |||||||||||||||||||||||||||||||||||
Loans and Leases | ' | |||||||||||||||||||||||||||||||||||
Loans and Leases | ||||||||||||||||||||||||||||||||||||
Loans and leases outstanding include the following as of the dates indicated: | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Acquired loans | $ | 1,188,281 | $ | 1,809,235 | ||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Commercial: | ||||||||||||||||||||||||||||||||||||
Construction and land development | 300,266 | 309,190 | ||||||||||||||||||||||||||||||||||
Commercial mortgage | 6,308,192 | 6,029,435 | ||||||||||||||||||||||||||||||||||
Other commercial real estate | 177,599 | 160,980 | ||||||||||||||||||||||||||||||||||
Commercial and industrial | 1,009,641 | 1,038,530 | ||||||||||||||||||||||||||||||||||
Lease financing | 365,967 | 330,679 | ||||||||||||||||||||||||||||||||||
Other | 180,435 | 125,681 | ||||||||||||||||||||||||||||||||||
Total commercial loans | 8,342,100 | 7,994,495 | ||||||||||||||||||||||||||||||||||
Noncommercial: | ||||||||||||||||||||||||||||||||||||
Residential mortgage | 927,426 | 822,889 | ||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,113,240 | 2,210,133 | ||||||||||||||||||||||||||||||||||
Construction and land development | 121,553 | 131,992 | ||||||||||||||||||||||||||||||||||
Consumer | 380,266 | 416,606 | ||||||||||||||||||||||||||||||||||
Total noncommercial loans | 3,542,485 | 3,581,620 | ||||||||||||||||||||||||||||||||||
Total originated loans and leases | 11,884,585 | 11,576,115 | ||||||||||||||||||||||||||||||||||
Total loans and leases | $ | 13,072,866 | $ | 13,385,350 | ||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
Impaired at | All other | Total | Impaired at | All other | Total | |||||||||||||||||||||||||||||||
acquisition | acquired loans | acquisition | acquired loans | |||||||||||||||||||||||||||||||||
date | date | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Acquired loans: | ||||||||||||||||||||||||||||||||||||
Commercial: | ||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 23,136 | $ | 70,827 | $ | 93,963 | $ | 71,225 | $ | 166,681 | $ | 237,906 | ||||||||||||||||||||||||
Commercial mortgage | 81,389 | 662,960 | 744,349 | 107,281 | 947,192 | 1,054,473 | ||||||||||||||||||||||||||||||
Other commercial real estate | 8,713 | 42,395 | 51,108 | 35,369 | 71,750 | 107,119 | ||||||||||||||||||||||||||||||
Commercial and industrial | 144 | 24,304 | 24,448 | 3,932 | 45,531 | 49,463 | ||||||||||||||||||||||||||||||
Other | — | 1,003 | 1,003 | — | 1,074 | 1,074 | ||||||||||||||||||||||||||||||
Total commercial loans | 113,382 | 801,489 | 914,871 | 217,807 | 1,232,228 | 1,450,035 | ||||||||||||||||||||||||||||||
Noncommercial: | ||||||||||||||||||||||||||||||||||||
Residential mortgage | 32,389 | 199,921 | 232,310 | 48,077 | 249,849 | 297,926 | ||||||||||||||||||||||||||||||
Revolving mortgage | 8,416 | 26,418 | 34,834 | 9,606 | 29,104 | 38,710 | ||||||||||||||||||||||||||||||
Construction and land development | 5,145 | 192 | 5,337 | 15,136 | 5,657 | 20,793 | ||||||||||||||||||||||||||||||
Consumer | — | 929 | 929 | — | 1,771 | 1,771 | ||||||||||||||||||||||||||||||
Total noncommercial loans | 45,950 | 227,460 | 273,410 | 72,819 | 286,381 | 359,200 | ||||||||||||||||||||||||||||||
Total acquired loans | $ | 159,332 | $ | 1,028,949 | $ | 1,188,281 | $ | 290,626 | $ | 1,518,609 | $ | 1,809,235 | ||||||||||||||||||||||||
At September 30, 2013, $2,534,250 in originated loans were pledged to secure debt obligations, compared to $2,570,773 at December 31, 2012. | ||||||||||||||||||||||||||||||||||||
Credit quality indicators | ||||||||||||||||||||||||||||||||||||
Loans and leases are monitored for credit quality on a recurring basis. The credit quality indicators used are dependent on the portfolio segment to which the loan relates. Originated commercial loans and leases, originated noncommercial loans and leases and acquired loans have different credit quality indicators as a result of the methods used to monitor each of these loan segments. | ||||||||||||||||||||||||||||||||||||
The credit quality indicators for originated commercial loans and leases and all acquired loans and leases are developed through review of individual borrowers on an ongoing basis. Each borrower is evaluated at least annually with more frequent evaluation of more severely criticized loans or leases. The indicators represent the rating for loans or leases as of the date presented based on the most recent assessment performed. These credit quality indicators are defined as follows: | ||||||||||||||||||||||||||||||||||||
Pass – A pass rated asset is not adversely classified because it does not display any of the characteristics for adverse classification. | ||||||||||||||||||||||||||||||||||||
Special mention – A special mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, such potential weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification. | ||||||||||||||||||||||||||||||||||||
Substandard – A substandard asset is inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Assets classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These assets are characterized by the distinct possibility of loss if the deficiencies are not corrected. | ||||||||||||||||||||||||||||||||||||
Doubtful – An asset classified as doubtful has all the weaknesses inherent in an asset classified substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently existing facts, conditions and values. | ||||||||||||||||||||||||||||||||||||
Loss – Assets classified as loss are considered uncollectible and of such little value that it is inappropriate to be carried as an asset. This classification is not necessarily equivalent to no potential for recovery or salvage value, but rather that it is not appropriate to defer a full charge-off even though partial recovery may be effected in the future. | ||||||||||||||||||||||||||||||||||||
Ungraded – Ungraded loans represent loans that are not included in the individual credit grading process due to their relatively small balances or borrower type. The majority of originated, ungraded loans at September 30, 2013, relate to business credit cards and tobacco buyout loans classified as commercial and industrial loans. Business credit card loans with an outstanding balance of $73,701 at September 30, 2013, are subject to automatic charge-off when they become 120 days past due in the same manner as unsecured consumer lines of credit. Tobacco buyout loans with an outstanding balance of $21,808 at September 30, 2013, are secured by assignments of receivables made pursuant to the Fair and Equitable Tobacco Reform Act of 2004. The credit risk associated with these loans is considered low as the payments that began in 2005 and continue through 2014 are made by the Commodity Credit Corporation, which is part of the United States Department of Agriculture. | ||||||||||||||||||||||||||||||||||||
The credit quality indicators for originated, noncommercial loans are based on the delinquency status of the borrower. As the borrower becomes more delinquent, the likelihood of loss increases. | ||||||||||||||||||||||||||||||||||||
The composition of the loans and leases outstanding at September 30, 2013, and December 31, 2012, by credit quality indicator is provided below: | ||||||||||||||||||||||||||||||||||||
Originated commercial loans and leases | ||||||||||||||||||||||||||||||||||||
Grade: | Construction and land | Commercial | Other | Commercial and | Lease financing | Other | Total originated commercial loans and leases | |||||||||||||||||||||||||||||
development | mortgage | commercial real estate | industrial | |||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 285,044 | $ | 6,019,286 | $ | 172,341 | $ | 885,691 | $ | 359,195 | $ | 179,085 | $ | 7,900,642 | ||||||||||||||||||||||
Special mention | 12,060 | 125,280 | 1,241 | 17,260 | 2,664 | 1,350 | 159,855 | |||||||||||||||||||||||||||||
Substandard | 3,109 | 155,593 | 3,709 | 6,606 | 3,335 | — | 172,352 | |||||||||||||||||||||||||||||
Doubtful | 53 | 6,703 | 75 | 1,428 | 773 | — | 9,032 | |||||||||||||||||||||||||||||
Ungraded | — | 1,330 | 233 | 98,656 | — | — | 100,219 | |||||||||||||||||||||||||||||
Total | $ | 300,266 | $ | 6,308,192 | $ | 177,599 | $ | 1,009,641 | $ | 365,967 | $ | 180,435 | $ | 8,342,100 | ||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 274,480 | $ | 5,688,541 | $ | 151,549 | $ | 894,998 | $ | 325,626 | $ | 124,083 | $ | 7,459,277 | ||||||||||||||||||||||
Special mention | 14,666 | 166,882 | 2,812 | 13,275 | 1,601 | 837 | 200,073 | |||||||||||||||||||||||||||||
Substandard | 18,761 | 157,966 | 5,038 | 12,073 | 1,663 | 756 | 196,257 | |||||||||||||||||||||||||||||
Doubtful | 952 | 13,475 | 98 | 1,040 | 771 | — | 16,336 | |||||||||||||||||||||||||||||
Ungraded | 331 | 2,571 | 1,483 | 117,144 | 1,018 | 5 | 122,552 | |||||||||||||||||||||||||||||
Total | $ | 309,190 | $ | 6,029,435 | $ | 160,980 | $ | 1,038,530 | $ | 330,679 | $ | 125,681 | $ | 7,994,495 | ||||||||||||||||||||||
Originated noncommercial loans and leases | ||||||||||||||||||||||||||||||||||||
Residential | Revolving | Construction | Consumer | Total originated noncommercial | ||||||||||||||||||||||||||||||||
mortgage | mortgage | and land | loans | |||||||||||||||||||||||||||||||||
development | ||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Current | $ | 900,625 | $ | 2,097,658 | $ | 119,395 | $ | 376,237 | $ | 3,493,915 | ||||||||||||||||||||||||||
30-59 days past due | 11,840 | 9,921 | 1,907 | 2,502 | 26,170 | |||||||||||||||||||||||||||||||
60-89 days past due | 3,312 | 1,556 | 85 | 1,015 | 5,968 | |||||||||||||||||||||||||||||||
90 days or greater past due | 11,649 | 4,105 | 166 | 512 | 16,432 | |||||||||||||||||||||||||||||||
Total | $ | 927,426 | $ | 2,113,240 | $ | 121,553 | $ | 380,266 | $ | 3,542,485 | ||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Current | $ | 786,626 | $ | 2,190,186 | $ | 128,764 | 409,218 | $ | 3,514,794 | |||||||||||||||||||||||||||
30-59 days past due | 15,711 | 12,868 | 1,941 | 4,405 | 34,925 | |||||||||||||||||||||||||||||||
60-89 days past due | 7,559 | 3,200 | 490 | 1,705 | 12,954 | |||||||||||||||||||||||||||||||
90 days or greater past due | 12,993 | 3,879 | 797 | 1,278 | 18,947 | |||||||||||||||||||||||||||||||
Total | $ | 822,889 | $ | 2,210,133 | $ | 131,992 | $ | 416,606 | $ | 3,581,620 | ||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||
Grade: | Construction | Commercial | Other | Commercial | Residential | Revolving | Construction | Consumer | Total acquired | |||||||||||||||||||||||||||
and land | mortgage | commercial | and | mortgage | mortgage | and land | and other | loans | ||||||||||||||||||||||||||||
development - | real estate | industrial | development - | |||||||||||||||||||||||||||||||||
commercial | noncommercial | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 3,373 | $ | 308,809 | $ | 22,007 | $ | 7,553 | $ | 145,735 | $ | 26,291 | $ | 139 | $ | 1,468 | $ | 515,375 | ||||||||||||||||||
Special mention | 18,395 | 176,338 | 6,602 | 9,268 | 8,676 | 2,865 | — | 26 | 222,170 | |||||||||||||||||||||||||||
Substandard | 62,472 | 209,383 | 13,786 | 5,908 | 57,156 | 3,329 | 4,903 | — | 356,937 | |||||||||||||||||||||||||||
Doubtful | 8,013 | 49,165 | 8,713 | 1,502 | 2,660 | 2,349 | 295 | — | 72,697 | |||||||||||||||||||||||||||
Ungraded | 1,710 | 654 | — | 217 | 18,083 | — | — | 438 | 21,102 | |||||||||||||||||||||||||||
Total | $ | 93,963 | $ | 744,349 | $ | 51,108 | $ | 24,448 | $ | 232,310 | $ | 34,834 | $ | 5,337 | $ | 1,932 | $ | 1,188,281 | ||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 17,010 | $ | 376,974 | $ | 33,570 | $ | 19,451 | $ | 172,165 | $ | 29,540 | $ | 334 | $ | 1,617 | $ | 650,661 | ||||||||||||||||||
Special mention | 25,734 | 259,264 | 17,518 | 12,465 | 14,863 | 1,736 | — | 34 | 331,614 | |||||||||||||||||||||||||||
Substandard | 105,061 | 344,542 | 44,335 | 14,698 | 83,193 | 7,434 | 17,190 | 239 | 616,692 | |||||||||||||||||||||||||||
Doubtful | 87,445 | 73,016 | 11,696 | 2,757 | 4,268 | — | 3,269 | 117 | 182,568 | |||||||||||||||||||||||||||
Ungraded | 2,656 | 677 | — | 92 | 23,437 | — | — | 838 | 27,700 | |||||||||||||||||||||||||||
Total | $ | 237,906 | $ | 1,054,473 | $ | 107,119 | $ | 49,463 | $ | 297,926 | $ | 38,710 | $ | 20,793 | $ | 2,845 | $ | 1,809,235 | ||||||||||||||||||
The aging of the outstanding loans and leases, by class, at September 30, 2013, and December 31, 2012, (excluding loans and leases acquired with deteriorated credit quality) is provided in the table below. The calculation of days past due begins on the day after payment is due and includes all days through which all required interest or principal has not been paid. Loans and leases 30 days or less past due are considered current due to various grace periods that allow borrowers to make payments within a stated period after the due date and still remain in compliance with the loan agreement. | ||||||||||||||||||||||||||||||||||||
30-59 days | 60-89 days | 90 days or greater | Total past | Current | Total loans | |||||||||||||||||||||||||||||||
past due | past due | due | and leases | |||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,755 | $ | 49 | $ | 562 | $ | 2,366 | $ | 297,900 | $ | 300,266 | ||||||||||||||||||||||||
Commercial mortgage | 15,917 | 10,522 | 18,449 | 44,888 | 6,263,304 | 6,308,192 | ||||||||||||||||||||||||||||||
Other commercial real estate | 103 | 400 | 1,169 | 1,672 | 175,927 | 177,599 | ||||||||||||||||||||||||||||||
Commercial and industrial | 2,633 | 796 | 1,675 | 5,104 | 1,004,537 | 1,009,641 | ||||||||||||||||||||||||||||||
Lease financing | 2,317 | — | 178 | 2,495 | 363,472 | 365,967 | ||||||||||||||||||||||||||||||
Other | — | — | — | — | 180,435 | 180,435 | ||||||||||||||||||||||||||||||
Residential mortgage | 11,840 | 3,312 | 11,649 | 26,801 | 900,625 | 927,426 | ||||||||||||||||||||||||||||||
Revolving mortgage | 9,921 | 1,556 | 4,105 | 15,582 | 2,097,658 | 2,113,240 | ||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,907 | 85 | 166 | 2,158 | 119,395 | 121,553 | ||||||||||||||||||||||||||||||
Consumer | 2,502 | 1,015 | 512 | 4,029 | 376,237 | 380,266 | ||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 48,895 | $ | 17,735 | $ | 38,465 | $ | 105,095 | $ | 11,779,490 | $ | 11,884,585 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 927 | $ | — | $ | 7,878 | $ | 8,805 | $ | 300,385 | $ | 309,190 | ||||||||||||||||||||||||
Commercial mortgage | 24,447 | 4,179 | 21,327 | 49,953 | 5,979,482 | 6,029,435 | ||||||||||||||||||||||||||||||
Other commercial real estate | 387 | 1,240 | 1,034 | 2,661 | 158,319 | 160,980 | ||||||||||||||||||||||||||||||
Commercial and industrial | 2,833 | 1,096 | 605 | 4,534 | 1,033,996 | 1,038,530 | ||||||||||||||||||||||||||||||
Lease financing | 991 | 138 | 621 | 1,750 | 328,929 | 330,679 | ||||||||||||||||||||||||||||||
Other | 18 | 13 | — | 31 | 125,650 | 125,681 | ||||||||||||||||||||||||||||||
Residential mortgage | 15,711 | 7,559 | 12,993 | 36,263 | 786,626 | 822,889 | ||||||||||||||||||||||||||||||
Revolving mortgage | 12,868 | 3,200 | 3,879 | 19,947 | 2,190,186 | 2,210,133 | ||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,941 | 490 | 797 | 3,228 | 128,764 | 131,992 | ||||||||||||||||||||||||||||||
Consumer | 4,405 | 1,705 | 1,278 | 7,388 | 409,218 | 416,606 | ||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 64,528 | $ | 19,620 | $ | 50,412 | $ | 134,560 | $ | 11,441,555 | $ | 11,576,115 | ||||||||||||||||||||||||
The recorded investment, by class, in loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at September 30, 2013, and December 31, 2012, (excluding loans and leases acquired with deteriorated credit quality) are as follows: | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
Nonaccrual | Loans and | Nonaccrual | Loans and | |||||||||||||||||||||||||||||||||
loans and | leases > 90 | loans and | leases > 90 | |||||||||||||||||||||||||||||||||
leases | days and | leases | days and | |||||||||||||||||||||||||||||||||
accruing | accruing | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 493 | $ | 164 | $ | 14,930 | $ | 541 | ||||||||||||||||||||||||||||
Commercial mortgage | 44,818 | 601 | 50,532 | 1,671 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 2,978 | 238 | 6,972 | 466 | ||||||||||||||||||||||||||||||||
Lease financing | 1,000 | 69 | 1,075 | — | ||||||||||||||||||||||||||||||||
Other commercial real estate | 1,937 | 800 | 2,319 | — | ||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 463 | 166 | 668 | 111 | ||||||||||||||||||||||||||||||||
Residential mortgage | 15,119 | 2,708 | 12,603 | 3,337 | ||||||||||||||||||||||||||||||||
Revolving mortgage | — | 4,105 | — | 3,877 | ||||||||||||||||||||||||||||||||
Consumer | 32 | 512 | 746 | 1,269 | ||||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 66,840 | $ | 9,363 | $ | 89,845 | $ | 11,272 | ||||||||||||||||||||||||||||
Acquired Loans | ||||||||||||||||||||||||||||||||||||
The following table provides changes in the carrying value of acquired loans impaired at acquisition date and all other acquired loans during the nine months ended September 30, 2013, and 2012: | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
Impaired at | All other | Impaired at | All other | |||||||||||||||||||||||||||||||||
acquisition | acquired loans | acquisition | acquired loans | |||||||||||||||||||||||||||||||||
date | date | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Balance, January 1 | $ | 290,626 | $ | 1,518,609 | $ | 458,305 | $ | 1,903,847 | ||||||||||||||||||||||||||||
Reductions for repayments, foreclosures and changes in carrying value, net of accretion | (131,294 | ) | (489,660 | ) | (167,581 | ) | (297,474 | ) | ||||||||||||||||||||||||||||
Balance, September 30 | $ | 159,332 | $ | 1,028,949 | $ | 290,724 | $ | 1,606,373 | ||||||||||||||||||||||||||||
Outstanding principal balance at September 30 | $ | 670,256 | $ | 1,412,617 | $ | 1,077,975 | $ | 2,253,660 | ||||||||||||||||||||||||||||
The carrying value of loans on the cost recovery method was $29,194 at September 30, 2013, and $74,479 at December 31, 2012. Prior to the third quarter of 2012, the cost recovery method was being applied to nonperforming loans acquired from four of the six FDIC-assisted transactions. During the third and fourth quarters of 2012, those loans were installed on an acquired loan accounting system that estimated cash flows for all loans. Based on these improved cash flow estimates, loans that were previously accounted for under the cost recovery method began to accrete yield. The cost recovery method continues to be applied to loans when the timing of the cash flows is no longer reasonably estimable due to subsequent nonperformance by the borrower or uncertainty in the ultimate disposition of the asset. | ||||||||||||||||||||||||||||||||||||
For acquired loans, improved cash flow estimates and receipt of unscheduled loan payments result in the reclassification of nonaccretable difference to accretable yield. During the third and fourth quarters of 2012, the improved ability to estimate cash flows due to expanded use of an acquired loan accounting system also contributed to significant increases in accretable yield. Accretable yield resulting from the improved ability to estimate future cash flows generally does not represent amounts previously identified as nonaccretable difference. | ||||||||||||||||||||||||||||||||||||
The following table documents changes to the amount of accretable yield for the first nine months of 2013 and 2012. Other, net includes reclassifications from nonaccretable difference to accretable yield and changes to accretable yield attributable to revised cash flow estimates. | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Balance, January 1 | $ | 539,564 | $ | 276,690 | ||||||||||||||||||||||||||||||||
Accretion | (179,792 | ) | (193,438 | ) | ||||||||||||||||||||||||||||||||
Other, net | 107,300 | 498,874 | ||||||||||||||||||||||||||||||||||
Balance, September 30 | $ | 467,072 | $ | 582,126 | ||||||||||||||||||||||||||||||||
Allowance_for_Loan_and_Lease_L
Allowance for Loan and Lease Losses | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses, Adjustments, Net [Abstract] | ' | |||||||||||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses | ' | |||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide information on originated impaired loans and leases, exclusive of loans and leases evaluated collectively as a homogeneous group, including interest income recognized in the period during which the loans and leases were considered impaired. | ||||||||||||||||||||||||||||||||||||||||||||||||
With a | With no | Total | Unpaid | Related | ||||||||||||||||||||||||||||||||||||||||||||
recorded | recorded | principal | allowance | |||||||||||||||||||||||||||||||||||||||||||||
allowance | allowance | balance | recorded | |||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,941 | $ | 349 | $ | 2,290 | $ | 7,364 | $ | 435 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 71,829 | 44,393 | 116,222 | 120,254 | 8,506 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,210 | 1,625 | 2,835 | 3,131 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,911 | 371 | 11,282 | 11,512 | 2,500 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 309 | — | 309 | 309 | 177 | |||||||||||||||||||||||||||||||||||||||||||
Other | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,652 | 2,681 | 14,333 | 14,534 | 1,113 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 4,888 | 1,607 | 6,495 | 6,495 | 1,167 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 475 | 463 | 938 | 938 | 52 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,212 | — | 1,212 | 1,212 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 104,427 | $ | 51,489 | $ | 155,916 | $ | 165,749 | $ | 14,216 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 6,960 | $ | 10,115 | $ | 17,075 | $ | 31,879 | $ | 2,469 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 61,644 | 72,160 | 133,804 | 123,964 | 11,697 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,552 | 1,823 | 3,375 | 3,348 | 298 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,248 | 11,371 | 22,619 | 9,583 | 2,133 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 723 | 81 | 804 | 746 | 202 | |||||||||||||||||||||||||||||||||||||||||||
Other | 53 | 654 | 707 | 707 | 53 | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,596 | 4,240 | 15,836 | 13,978 | 959 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 1,238 | 2,965 | 4,203 | 4,203 | 1 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,162 | 159 | 1,321 | 1,321 | 287 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,609 | 900 | 2,509 | 2,509 | 256 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 97,785 | $ | 104,468 | $ | 202,253 | $ | 192,238 | $ | 18,355 | ||||||||||||||||||||||||||||||||||||||
At September 30, 2013, acquired loans that have had an adverse change in expected cash flows since the date of acquisition equaled $514,166, for which $59,517 in related allowance for loan losses has been recorded. | ||||||||||||||||||||||||||||||||||||||||||||||||
YTD | YTD Interest Income Recognized | |||||||||||||||||||||||||||||||||||||||||||||||
Average | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 7,793 | $ | 242 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 107,929 | 4,413 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,893 | 121 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,811 | 533 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 399 | 19 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,441 | 253 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,337 | 459 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 907 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,508 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 157,018 | $ | 6,112 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 5,553 | $ | 29 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 117,584 | 1,575 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,852 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 12,136 | 127 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 312 | 5 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,137 | 181 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,564 | 47 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 943 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,253 | 4 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 162,334 | $ | 2,021 | ||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,595 | $ | 756 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 90,544 | 3,621 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,502 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,847 | 682 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 412 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 327 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,278 | 536 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,507 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,017 | 122 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,631 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 152,660 | $ | 5,885 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,046 | $ | 239 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 100,751 | 1,332 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,191 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,414 | 186 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 689 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 734 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 16,111 | 206 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,592 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,012 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,978 | 7 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 166,518 | $ | 2,067 | ||||||||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses | ||||||||||||||||||||||||||||||||||||||||||||||||
Activity in the allowance for loan and lease losses, ending balances of loans and leases and related allowance by class of loans is summarized as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non- | |||||||||||||||||||||||||||||||||||||||||||||||
commercial | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Reclassification (1) | 5,141 | 27,421 | (815 | ) | 7,551 | (253 | ) | (1,288 | ) | 5,717 | (9,838 | ) | (478 | ) | (10,018 | ) | (15,772 | ) | 7,368 | |||||||||||||||||||||||||||||
Charge-offs | (4,570 | ) | (1,662 | ) | (77 | ) | (3,917 | ) | (123 | ) | (6 | ) | (1,987 | ) | (4,540 | ) | (304 | ) | (7,601 | ) | — | (24,787 | ) | |||||||||||||||||||||||||
Recoveries | 722 | 740 | 75 | 1,003 | 90 | 1 | 353 | 462 | 180 | 1,850 | — | 5,476 | ||||||||||||||||||||||||||||||||||||
Provision | 3,259 | (7,695 | ) | (207 | ) | 3,951 | 1,358 | 307 | 2,126 | 4,546 | (571 | ) | 4,183 | (78 | ) | 11,179 | ||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 5,467 | $ | 67,486 | $ | 2,169 | $ | 23,723 | $ | 3,288 | $ | 1,315 | $ | 8,879 | $ | 27,045 | $ | 1,427 | $ | 25,962 | $ | 14,122 | $ | 180,883 | ||||||||||||||||||||||||
Charge-offs | (9,504 | ) | (5,448 | ) | (254 | ) | (3,766 | ) | (335 | ) | (28 | ) | (3,381 | ) | (7,885 | ) | (914 | ) | (7,590 | ) | — | (39,105 | ) | |||||||||||||||||||||||||
Recoveries | 370 | 1,230 | 6 | 616 | 75 | 4 | 433 | 501 | 168 | 1,366 | — | 4,769 | ||||||||||||||||||||||||||||||||||||
Provision | 10,134 | 18,168 | 318 | (6,937 | ) | 419 | (115 | ) | 1,255 | 6,726 | 1,441 | 6,944 | 1,147 | 39,500 | ||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 11,732 | $ | 104,842 | $ | 1,057 | $ | 19,309 | $ | 4,992 | $ | 360 | $ | 9,996 | $ | 14,997 | $ | 720 | $ | 13,777 | $ | — | $ | 181,782 | ||||||||||||||||||||||||
Reclassification (1) | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Charge-offs | (3,030 | ) | (794 | ) | (5 | ) | (1,671 | ) | (31 | ) | — | (719 | ) | (1,472 | ) | (59 | ) | (2,445 | ) | — | (10,226 | ) | ||||||||||||||||||||||||||
Recoveries | 84 | 241 | 39 | 344 | 71 | — | 253 | 84 | 101 | 577 | — | 1,794 | ||||||||||||||||||||||||||||||||||||
Provision | 1,797 | (5,256 | ) | (56 | ) | 4,656 | (439 | ) | (171 | ) | 515 | 2,206 | (214 | ) | 1,894 | — | 4,932 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 5,056 | $ | 81,573 | $ | 2,413 | $ | 14,308 | $ | 3,515 | $ | 1,183 | $ | 7,639 | $ | 26,700 | $ | 1,815 | $ | 24,988 | $ | 15,942 | $ | 185,132 | ||||||||||||||||||||||||
Charge-offs | (283 | ) | (1,428 | ) | — | (720 | ) | — | — | (1,090 | ) | (1,613 | ) | (239 | ) | (2,307 | ) | — | (7,680 | ) | ||||||||||||||||||||||||||||
Recoveries | 101 | 222 | 6 | 179 | 27 | — | 121 | 87 | 16 | 439 | — | 1,198 | ||||||||||||||||||||||||||||||||||||
Provision | 1,593 | 1,069 | (180 | ) | (131 | ) | (95 | ) | (7 | ) | 516 | 1,213 | 530 | 3,562 | (673 | ) | 7,397 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
(1) Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15,772 previously designated as 'non-specific' to other loan classes and the absorption of $7,368 of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A. | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non-commercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 435 | $ | 8,506 | $ | 133 | $ | 2,500 | $ | 177 | $ | — | $ | 1,113 | $ | 1,167 | $ | 52 | $ | 133 | $ | — | $ | 14,216 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 10,148 | 90,527 | 902 | 20,138 | 4,416 | 189 | 8,932 | 14,648 | 496 | 13,670 | — | 164,066 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 2,469 | $ | 11,697 | $ | 298 | $ | 2,133 | $ | 202 | $ | 53 | $ | 959 | $ | 1 | $ | 287 | $ | 256 | $ | — | $ | 18,355 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 3,562 | 68,532 | 1,761 | 11,917 | 3,319 | 1,122 | 2,877 | 25,184 | 1,434 | 25,133 | — | 144,841 | ||||||||||||||||||||||||||||||||||||
Nonspecific ALLL | — | — | — | — | — | — | — | — | — | — | 15,850 | 15,850 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 2,290 | $ | 116,222 | $ | 2,835 | $ | 11,282 | $ | 309 | $ | — | $ | 14,333 | $ | 6,495 | $ | 938 | $ | 1,212 | $ | — | $ | 155,916 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 297,976 | 6,191,970 | 174,764 | 998,359 | 365,658 | 180,435 | 913,093 | 2,106,745 | 120,615 | 379,054 | — | 11,728,669 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 300,266 | $ | 6,308,192 | $ | 177,599 | $ | 1,009,641 | $ | 365,967 | $ | 180,435 | $ | 927,426 | $ | 2,113,240 | $ | 121,553 | $ | 380,266 | $ | — | $ | 11,884,585 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 17,075 | $ | 133,804 | $ | 3,375 | $ | 22,619 | $ | 804 | $ | 707 | $ | 15,836 | $ | 4,203 | $ | 1,321 | $ | 2,509 | $ | — | $ | 202,253 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 292,115 | 5,895,631 | 157,605 | 1,015,911 | 329,875 | 124,974 | 807,053 | 2,205,930 | 130,671 | 414,097 | — | 11,373,862 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 309,190 | $ | 6,029,435 | $ | 160,980 | $ | 1,038,530 | $ | 330,679 | $ | 125,681 | $ | 822,889 | $ | 2,210,133 | $ | 131,992 | $ | 416,606 | $ | — | $ | 11,576,115 | ||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Residential | Revolving | Construction | Consumer | Total | |||||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and | financing | mortgage | mortgage | and land | and other | ||||||||||||||||||||||||||||||||||||||||
development - | real estate | industrial | development - | |||||||||||||||||||||||||||||||||||||||||||||
commercial | noncommercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 31,186 | $ | 50,275 | $ | 11,234 | $ | 8,897 | $ | — | $ | 19,837 | $ | 9,754 | $ | 8,287 | $ | 502 | $ | 139,972 | ||||||||||||||||||||||||||||
Charge-offs | (3,435 | ) | (10,146 | ) | (6,622 | ) | (5,190 | ) | — | (1,973 | ) | — | — | (2,379 | ) | (29,745 | ) | |||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (25,132 | ) | (10,809 | ) | (2,689 | ) | 2,067 | — | (3,546 | ) | (4,918 | ) | (7,739 | ) | 2,056 | (50,710 | ) | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 16,693 | $ | 39,557 | $ | 16,862 | $ | 5,500 | $ | 13 | $ | 5,433 | $ | 77 | $ | 4,652 | $ | 474 | $ | 89,261 | ||||||||||||||||||||||||||||
Charge-offs | (6,460 | ) | (18,396 | ) | (831 | ) | (7,916 | ) | — | (3,431 | ) | — | (301 | ) | (66 | ) | (37,401 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | 142 | — | — | — | 142 | ||||||||||||||||||||||||||||||||||||||
Provision | 7,502 | 19,983 | (11,477 | ) | 6,125 | (13 | ) | 7,366 | 5,417 | 2,577 | 1,025 | 38,505 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 7,589 | $ | 33,588 | $ | 4,596 | $ | 5,936 | $ | — | $ | 17,272 | $ | 6,031 | $ | 1,232 | $ | 290 | $ | 76,534 | ||||||||||||||||||||||||||||
Charge-offs | (1,263 | ) | (2,324 | ) | — | (89 | ) | — | (509 | ) | — | (217 | ) | — | (4,402 | ) | ||||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (3,707 | ) | (1,944 | ) | (2,673 | ) | (73 | ) | — | (2,445 | ) | (1,195 | ) | (467 | ) | (111 | ) | (12,615 | ) | |||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 15,983 | $ | 35,991 | $ | 9,194 | $ | 14,724 | $ | — | $ | 5,575 | $ | 2,548 | $ | 3,780 | $ | 2 | $ | 87,797 | ||||||||||||||||||||||||||||
Charge-offs | (1,434 | ) | (3,006 | ) | (34 | ) | (1,901 | ) | — | (819 | ) | — | (292 | ) | (30 | ) | (7,516 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | 3,186 | 8,159 | (4,606 | ) | (9,114 | ) | — | 4,754 | 2,946 | 3,440 | 1,461 | 10,226 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | 31,186 | 50,275 | 11,234 | 8,897 | — | 19,837 | 9,754 | 8,287 | 502 | 139,972 | ||||||||||||||||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 93,963 | 744,349 | 51,108 | 24,448 | — | 232,310 | 34,834 | 5,337 | 1,932 | 1,188,281 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 237,906 | 1,054,473 | 107,119 | 49,463 | — | 297,926 | 38,710 | 20,793 | 2,845 | 1,809,235 | ||||||||||||||||||||||||||||||||||||||
The following tables provide information on originated impaired loans and leases, exclusive of loans and leases evaluated collectively as a homogeneous group, including interest income recognized in the period during which the loans and leases were considered impaired. | ||||||||||||||||||||||||||||||||||||||||||||||||
With a | With no | Total | Unpaid | Related | ||||||||||||||||||||||||||||||||||||||||||||
recorded | recorded | principal | allowance | |||||||||||||||||||||||||||||||||||||||||||||
allowance | allowance | balance | recorded | |||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,941 | $ | 349 | $ | 2,290 | $ | 7,364 | $ | 435 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 71,829 | 44,393 | 116,222 | 120,254 | 8,506 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,210 | 1,625 | 2,835 | 3,131 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,911 | 371 | 11,282 | 11,512 | 2,500 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 309 | — | 309 | 309 | 177 | |||||||||||||||||||||||||||||||||||||||||||
Other | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,652 | 2,681 | 14,333 | 14,534 | 1,113 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 4,888 | 1,607 | 6,495 | 6,495 | 1,167 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 475 | 463 | 938 | 938 | 52 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,212 | — | 1,212 | 1,212 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 104,427 | $ | 51,489 | $ | 155,916 | $ | 165,749 | $ | 14,216 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 6,960 | $ | 10,115 | $ | 17,075 | $ | 31,879 | $ | 2,469 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 61,644 | 72,160 | 133,804 | 123,964 | 11,697 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,552 | 1,823 | 3,375 | 3,348 | 298 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,248 | 11,371 | 22,619 | 9,583 | 2,133 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 723 | 81 | 804 | 746 | 202 | |||||||||||||||||||||||||||||||||||||||||||
Other | 53 | 654 | 707 | 707 | 53 | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,596 | 4,240 | 15,836 | 13,978 | 959 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 1,238 | 2,965 | 4,203 | 4,203 | 1 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,162 | 159 | 1,321 | 1,321 | 287 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,609 | 900 | 2,509 | 2,509 | 256 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 97,785 | $ | 104,468 | $ | 202,253 | $ | 192,238 | $ | 18,355 | ||||||||||||||||||||||||||||||||||||||
At September 30, 2013, acquired loans that have had an adverse change in expected cash flows since the date of acquisition equaled $514,166, for which $59,517 in related allowance for loan losses has been recorded. | ||||||||||||||||||||||||||||||||||||||||||||||||
YTD | YTD Interest Income Recognized | |||||||||||||||||||||||||||||||||||||||||||||||
Average | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 7,793 | $ | 242 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 107,929 | 4,413 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,893 | 121 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,811 | 533 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 399 | 19 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,441 | 253 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,337 | 459 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 907 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,508 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 157,018 | $ | 6,112 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 5,553 | $ | 29 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 117,584 | 1,575 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,852 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 12,136 | 127 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 312 | 5 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,137 | 181 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,564 | 47 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 943 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,253 | 4 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 162,334 | $ | 2,021 | ||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,595 | $ | 756 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 90,544 | 3,621 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,502 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,847 | 682 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 412 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 327 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,278 | 536 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,507 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,017 | 122 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,631 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 152,660 | $ | 5,885 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,046 | $ | 239 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 100,751 | 1,332 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,191 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,414 | 186 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 689 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 734 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 16,111 | 206 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,592 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,012 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,978 | 7 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 166,518 | $ | 2,067 | ||||||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings | ||||||||||||||||||||||||||||||||||||||||||||||||
BancShares accounts for certain loan modifications or restructurings as troubled debt restructurings (TDRs). In general, the modification or restructuring of a loan is considered a TDR if, for economic reasons or legal reasons related to a borrower's financial difficulties, a concession is granted to the borrower that creditors would not otherwise consider. Concessions may relate to the contractual interest rate, maturity date, payment structure or other actions. In accordance with GAAP, loans acquired under ASC 310-30 are not initially considered to be TDRs. The following table provides a summary of total TDRs by accrual status. | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
Accruing | Nonaccruing | Total | Accruing | Nonaccruing | Total | |||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,394 | $ | 2,505 | $ | 26,899 | $ | 47,368 | $ | 26,920 | $ | 74,288 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 105,775 | 26,669 | 132,444 | 151,728 | 37,603 | 189,331 | ||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 3,548 | 1,330 | 4,878 | 10,137 | 2,194 | 12,331 | ||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,364 | 894 | 11,258 | 10,940 | 7,237 | 18,177 | ||||||||||||||||||||||||||||||||||||||||||
Lease | 148 | — | 148 | 224 | — | 224 | ||||||||||||||||||||||||||||||||||||||||||
Total commercial loans | 144,229 | 31,398 | 175,627 | 220,397 | 73,954 | 294,351 | ||||||||||||||||||||||||||||||||||||||||||
Noncommercial | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential | 24,913 | 3,996 | 28,909 | 28,777 | 5,828 | 34,605 | ||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,058 | — | 3,058 | 48 | — | 48 | ||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 476 | 463 | 939 | 1,657 | — | 1,657 | ||||||||||||||||||||||||||||||||||||||||||
Consumer and other | 1,212 | — | 1,212 | 2,509 | — | 2,509 | ||||||||||||||||||||||||||||||||||||||||||
Total noncommercial loans | 29,659 | 4,459 | 34,118 | 32,991 | 5,828 | 38,819 | ||||||||||||||||||||||||||||||||||||||||||
Total loans | $ | 173,888 | $ | 35,857 | $ | 209,745 | $ | 253,388 | $ | 79,782 | $ | 333,170 | ||||||||||||||||||||||||||||||||||||
Total troubled debt restructurings at September 30, 2013, equaled $209,745, of which $114,231 were acquired and $95,514 were originated. TDRs at December 31, 2012, totaled $333,170, which consisted of $193,207 acquired and $139,963 that were originated. | ||||||||||||||||||||||||||||||||||||||||||||||||
The majority of TDRs are included in the special mention, substandard or doubtful grading categories, which results in more elevated loss expectations when determining the expected cash flows that are used to determine the allowance for loan losses associated with these loans. When a restructured loan subsequently defaults, it is evaluated and downgraded if appropriate. The more severely graded the loan, the lower the estimated expected cash flows and the greater the allowance recorded. Further, TDRs over $500 and graded substandard or lower are evaluated individually for impairment through review of collateral values. | ||||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide the types of TDRs made during the three months ended September 30, 2013, and 2012, as well as a summary of loans that were modified as a TDR during the 12 months ended September 30, 2013, and 2012 that subsequently defaulted during the three months ended September 30, 2013, and 2012. BancShares defines payment default as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first. | ||||||||||||||||||||||||||||||||||||||||||||||||
. | ||||||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | $ | — | — | $ | — | 3 | $ | 1,009 | — | $ | — | ||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 203 | — | — | 2 | 580 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 1 | 203 | — | — | 5 | 1,589 | — | — | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 5 | 2,372 | 4 | 1,303 | 10 | 3,505 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 2 | 513 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 2 | 590 | — | — | 2 | 133 | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 1 | 21 | — | — | 1 | 22 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 8 | 2,983 | 4 | 1,303 | 15 | 4,173 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 1 | 45 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 4 | 859 | 5 | 5,125 | 3 | 1,385 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | 1 | 173 | 1 | 113 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 319 | — | — | 1 | 8 | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 43 | 1 | 73 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Construction & land development - noncommercial | 2 | 42 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 11 | 1,308 | 7 | 5,371 | 5 | 1,506 | — | — | ||||||||||||||||||||||||||||||||||||||||
Discharged from bankruptcy | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 2 | 44 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 125 | 2 | 47 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total discharged from bankruptcy | 3 | 125 | 4 | 91 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total originated restructurings | 23 | $ | 4,619 | 15 | $ | 6,765 | 25 | $ | 7,268 | 4 | $ | 1,220 | ||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | $ | — | 1 | $ | 2,628 | 1 | $ | 336 | 1 | $ | 336 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | — | — | — | 3 | 3,822 | 1 | 159 | ||||||||||||||||||||||||||||||||||||||||
Total interest only | — | — | 1 | 2,628 | 4 | 4,158 | 2 | 495 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 157 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 121 | — | — | 1 | 118 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 1 | 198 | 3 | 5,078 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 2 | 278 | 1 | 198 | 4 | 5,196 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | — | 2 | 1,067 | 2 | 52 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 291 | 2 | 1,290 | 5 | 3,173 | 1 | 1,015 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 1 | 1,137 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 4 | 842 | 10 | 170 | 4 | 11 | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 1 | 291 | 8 | 3,199 | 18 | 4,532 | 5 | 1,026 | ||||||||||||||||||||||||||||||||||||||||
Total acquired restructurings | 3 | $ | 569 | 10 | $ | 6,025 | 26 | $ | 13,886 | 8 | $ | 6,127 | ||||||||||||||||||||||||||||||||||||
For the three months ended September 30, 2013, the recorded investment in troubled debt restructurings subsequent to modification was not materially impacted by the modification since forgiveness of principal is not a restructuring option frequently used by BancShares. | ||||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide the types of TDRs made during the nine months ended September 30, 2013, and 2012, as well as a summary of loans that were modified as a TDR during the 12 months ended September 30, 2013, and 2012 that subsequently defaulted during the | ||||||||||||||||||||||||||||||||||||||||||||||||
nine months ended September 30, 2013, and 2012. BancShares defines payment default as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first. | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | $ | — | — | $ | — | 2 | $ | 316 | — | $ | — | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 9 | 3,242 | — | — | 12 | 4,562 | 2 | 952 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 403 | — | — | 2 | 580 | — | — | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1 | 98 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 630 | — | — | 1 | 338 | 1 | 338 | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 13 | 4,373 | — | — | 17 | 5,796 | 3 | 1,290 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | — | — | — | 2 | 7,606 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 12 | 4,935 | 5 | 1,524 | 45 | 16,314 | 10 | 3,389 | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | — | — | — | — | 3 | 1,334 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 623 | — | — | 10 | 1,371 | 3 | 150 | ||||||||||||||||||||||||||||||||||||||||
Lease financing | — | — | — | — | 3 | 172 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 9 | 879 | 1 | 570 | 7 | 493 | 1 | 47 | ||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | — | — | — | — | 1 | 1,701 | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 2 | 64 | — | — | 6 | 1,124 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 25 | 6,501 | 6 | 2,094 | 77 | 30,115 | 14 | 3,586 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 2 | 265 | — | — | 1 | 228 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 29 | 10,248 | 5 | 5,125 | 7 | 5,462 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 4 | 829 | 1 | 173 | 4 | 226 | — | — | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 3 | 738 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 14 | 826 | — | — | 10 | 1,853 | 3 | 785 | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6 | 215 | 1 | 73 | 1 | 49 | 1 | 49 | ||||||||||||||||||||||||||||||||||||||||
Construction & land development - noncommercial | 4 | 555 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 3 | 227 | — | — | 2 | 11 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 65 | 13,903 | 7 | 5,371 | 25 | 7,829 | 4 | 834 | ||||||||||||||||||||||||||||||||||||||||
Discharged from bankruptcy | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 4 | 130 | 2 | 44 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 31 | 2,520 | 2 | 47 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total discharged from bankruptcy | 35 | 2,650 | 4 | 91 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Other concession | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | — | — | — | 2 | 924 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | — | — | 1 | 385 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total other concession | — | — | — | — | 3 | 1,309 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total originated restructurings | 138 | $ | 27,427 | 17 | $ | 7,556 | 122 | $ | 45,049 | 21 | $ | 5,710 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 1 | $ | 2,628 | 1 | $ | 2,628 | 2 | $ | 474 | 1 | $ | 336 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 2 | 1,060 | 2 | 1,990 | 4 | 12,317 | 1 | 159 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 23 | — | — | 1 | 158 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 2 | 181 | — | — | 1 | 100 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 6 | 3,892 | 3 | 4,618 | 8 | 13,049 | 2 | 495 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 5 | 2,517 | — | — | 9 | 5,449 | 1 | 2,634 | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 157 | — | — | 2 | 1,413 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 1,042 | — | — | 2 | 147 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 198 | 1 | 198 | 4 | 5,125 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 9 | 3,914 | 1 | 198 | 17 | 12,134 | 2 | 7,240 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 5 | 3,489 | 2 | 1,067 | 10 | 1,464 | 2 | 929 | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 9 | 11,428 | 2 | 1,290 | 14 | 13,493 | 5 | 2,747 | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | — | — | — | — | 2 | 1,766 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 3 | 510 | — | — | 4 | 1,137 | 2 | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 10 | 2,871 | 6 | 1,545 | 18 | 1,522 | 7 | 72 | ||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | — | — | — | — | 1 | — | 1 | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 27 | 18,298 | 10 | 3,902 | 49 | 19,382 | 17 | 3,748 | ||||||||||||||||||||||||||||||||||||||||
Total acquired restructurings | 42 | $ | 26,104 | 14 | $ | 8,718 | 74 | $ | 44,565 | 21 | $ | 11,483 | ||||||||||||||||||||||||||||||||||||
Other_Real_Estate_Owned
Other Real Estate Owned | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Banking and Thrift [Abstract] | ' | |||||||||||
Other Real Estate Owned | ' | |||||||||||
Other Real Estate Owned | ||||||||||||
The following table explains changes in other real estate owned during the nine months ended September 30, 2013, and 2012. | ||||||||||||
Covered | Noncovered | Total | ||||||||||
(dollars in thousands) | ||||||||||||
Balance at December 31, 2011 | $ | 148,599 | $ | 50,399 | $ | 198,998 | ||||||
Additions | 89,811 | 27,552 | 117,363 | |||||||||
Sales | (100,620 | ) | (24,960 | ) | (125,580 | ) | ||||||
Writedowns | (21,385 | ) | (7,928 | ) | (29,313 | ) | ||||||
Balance at September 30, 2012 | $ | 116,405 | $ | 45,063 | $ | 161,468 | ||||||
Balance at December 31, 2012 | $ | 102,577 | $ | 43,513 | $ | 146,090 | ||||||
Additions | 50,365 | 28,756 | 79,121 | |||||||||
Sales | (78,597 | ) | (29,266 | ) | (107,863 | ) | ||||||
Writedowns | (15,576 | ) | (2,665 | ) | (18,241 | ) | ||||||
Balance at September 30, 2013 | $ | 58,769 | $ | 40,338 | $ | 99,107 | ||||||
Receivable_from_FDIC_for_Loss_
Receivable from FDIC for Loss Share Agreements | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Receivable From FDIC For Loss Share Agreements [Abstract] | ' | |||||||||||||||
Receivable from FDIC for Loss Share Agreements | ' | |||||||||||||||
Receivable from the FDIC for Loss Share Agreements | ||||||||||||||||
The following table provides changes in the receivable from the FDIC for the three-month and nine-month periods ended September 30, 2013, and 2012. | ||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Balance at beginning of period | $ | 158,013 | $ | 405,626 | $ | 270,192 | $ | 617,377 | ||||||||
Accretion of discounts and premiums, net | (20,553 | ) | (32,398 | ) | (65,734 | ) | (79,135 | ) | ||||||||
Cash payments to/(from) FDIC | 1,431 | (31,765 | ) | (45,103 | ) | (223,863 | ) | |||||||||
Post-acquisition and other adjustments, net | (38,338 | ) | (11,844 | ) | (58,802 | ) | 15,240 | |||||||||
Balance at end of period | $ | 100,553 | $ | 329,619 | $ | 100,553 | $ | 329,619 | ||||||||
The receivable from the FDIC for loss share agreements is measured separately from the related covered assets and is recorded at fair value at the acquisition date using projected cash flows related to the loss share agreements based on the expected reimbursements for losses and the applicable loss share percentages. See Note J for information related to BancShares' recorded payable to the FDIC for loss share agreements. | ||||||||||||||||
Post-acquisition adjustments represent the net change in loss estimates related to acquired loans and covered OREO as a result of changes in expected cash flows and the allowance for loan and lease losses related to those covered loans. For loans covered by loss share agreements, subsequent decreases in the amount expected to be collected from the borrower or collateral liquidation result in a provision for loan and lease losses, an increase in the allowance for loan and lease losses and a proportional adjustment to the receivable from the FDIC for the estimated amount to be reimbursed. Subsequent increases in the amount expected to be collected from the borrower or collateral liquidation result in the reversal of any previously recorded provision for loan and lease losses and related allowance for loan and lease losses and adjustments to the receivable from the FDIC, or prospective adjustment to the accretable yield and the related receivable from the FDIC if no provision for loan and lease losses had been recorded previously. Other adjustments include those resulting from unexpected recoveries of amounts previously charged off. |
Estimated_Fair_Values
Estimated Fair Values | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Estimated Fair Values | ' | |||||||||||||||
Estimated Fair Values | ||||||||||||||||
Fair value estimates are intended to represent the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. Where there is no active market for a financial instrument, BancShares has made estimates using discounted cash flow or other valuation techniques. Inputs to these valuation methods are subjective in nature, involve uncertainties and require significant judgment and therefore cannot be determined with precision. Accordingly, the derived fair value estimates presented below are not necessarily indicative of the amounts BancShares could realize in a current market exchange. | ||||||||||||||||
Assets and liabilities are recorded at fair value according to a fair value hierarchy comprised of three levels. The levels are based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. The level of an asset or liability within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement (with level 1 considered highest and level 3 considered lowest). A brief description of each level follows: | ||||||||||||||||
• | Level 1 values are based on quoted prices for identical instruments in active markets. | |||||||||||||||
• | Level 2 values are based on 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 values are generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates that market participants would use in pricing the asset or liability. Valuation techniques include the use of discounted cash flow models and similar techniques. | |||||||||||||||
The methodologies used to estimate the fair value of financial assets and financial liabilities are discussed below: | ||||||||||||||||
Investment securities. U.S.Treasury, government agency, mortgage-backed securities and state, county, and municipal securities are measured at fair value using significant observable inputs such as benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities and bids/offers. The inputs used for these securities are considered level 2 inputs. Equity securities are measured at fair value using observable closing prices. Management also considers the level of market activity by examining the trade volume of each security. Due to the relatively inactive nature of the markets, the inputs used for these securities are considered level 2 inputs. | ||||||||||||||||
Loans held for sale. Fair value for loans held for sale is generally based on market prices for loans with similar characteristics or external valuations. The inputs used in the fair value measurements for loans held for sale are considered level 2 inputs. | ||||||||||||||||
Loans and leases (acquired and originated). For variable rate loans, carrying value is a reasonable estimate of fair value. For fixed rate loans, fair values are estimated based on discounted future cash flows using the current interest rates at which loans with similar terms would be made to borrowers of similar credit quality. Additional valuation adjustments are made for liquidity and credit risk. The inputs used in the fair value measurements for loans and leases are considered level 3 inputs. | ||||||||||||||||
Receivable from the FDIC for loss share agreements. Fair value is estimated based on discounted future cash flows using current discount rates. Due to post-acquisition improvements in expected losses, significant portions of the FDIC receivable will be recovered through amortization of the receivable over the remaining life of the loss share agreement rather than by cash flows from the FDIC. The estimated amounts to be amortized in future periods have no fair value. The inputs used in the fair value measurements for the FDIC receivable are considered level 3 inputs. The FDIC loss share agreements are not transferable and, accordingly, there is no market for this receivable. | ||||||||||||||||
FHLB stock. The carrying amount of FHLB stock is a reasonable estimate of fair value as these securities are not readily marketable and are evaluated for impairment based on the ultimate recoverability of the par value. BancShares considers positive and negative evidence, including the profitability and asset quality of the issuer, dividend payment history and recent redemption experience, when determining the ultimate recoverability of the par value. BancShares believes its investment in FHLB stock is ultimately recoverable at par. | ||||||||||||||||
Preferred stock issued under the TARP program. Preferred securities issued under the Troubled Asset Recovery Program are recorded at cost and are evaluated quarterly for impairment based on the ultimate recoverability of the purchase price. The fair value of these securities is derived from a third-party proprietary model that is considered to be a level 3 input. | ||||||||||||||||
Deposits. For non-time deposits and variable rate time deposits, carrying value is a reasonable estimate of fair value. The fair value of fixed rate time deposits is estimated by discounting future cash flows using the interest rates currently offered for deposits of similar remaining maturities. The inputs used in the fair value measurements for deposits are considered level 2 inputs. | ||||||||||||||||
Long-term obligations. For fixed rate trust preferred securities, the fair values are determined based on recent trades of the actual security. For other long-term obligations, fair values are estimated by discounting future cash flows using current interest rates for similar financial instruments. The inputs used in the fair value measurements for long-term obligations are considered level 2 inputs. | ||||||||||||||||
Payable to the FDIC for loss share agreements. The fair value of the payable to the FDIC for loss share agreements is determined by the projected cash flows based on expected payments to the FDIC in accordance with the loss share agreements. Cash flows are discounted to reflect the timing of the estimated amounts due to the FDIC. The inputs used in the fair value measurements for the payable to the FDIC are considered level 3 inputs. See Note J for more information on the payable to the FDIC. | ||||||||||||||||
Interest rate swap. Under the terms of the existing cash flow hedge, BancShares pays a fixed payment to the counterparty in exchange for receipt of a variable payment that is determined based on the three-month LIBOR rate. The fair value of the cash flow hedge is, therefore, based on projected LIBOR rates for the duration of the hedge, values that, while observable in the market, are subject to adjustment due to pricing considerations for the specific instrument. If the fair value of the swap is a net asset, the risk of default by the counterparty is considered in the determination of fair value and is considered a level 3 input. The inputs used in the fair value measurements of the interest rate swap are considered level 2 inputs. | ||||||||||||||||
Off-balance-sheet commitments and contingencies. Carrying amounts are reasonable estimates of the fair values for such financial instruments. Carrying amounts include unamortized fee income and, in some cases, reserves for any credit losses from those financial instruments. These amounts are not material to BancShares' financial position. | ||||||||||||||||
For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of September 30, 2013, and December 31, 2012. The carrying value and fair value for these assets and liabilities are equivalent because they are relatively short term in nature and there is no interest rate or credit risk relating to them that would cause the fair value to differ from the carrying value. | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Carrying value | Fair value | Carrying value | Fair value | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Cash and due from banks | $ | 569,118 | $ | 569,118 | $ | 639,730 | $ | 639,730 | ||||||||
Overnight investments | 1,354,131 | 1,354,131 | 443,180 | 443,180 | ||||||||||||
Investment securities available for sale | 5,161,585 | 5,161,585 | 5,226,228 | 5,226,228 | ||||||||||||
Investment securities held to maturity | 1,013 | 1,080 | 1,342 | 1,448 | ||||||||||||
Loans held for sale | 43,054 | 44,819 | 86,333 | 87,654 | ||||||||||||
Acquired loans, net of allowance for loan and lease losses | 1,128,764 | 1,106,189 | 1,669,263 | 1,635,878 | ||||||||||||
Originated loans, net of allowance for loan and lease losses | 11,706,303 | 11,480,252 | 11,397,069 | 11,238,597 | ||||||||||||
Receivable from the FDIC for loss share agreements (1) | 100,553 | 28,450 | 270,192 | 100,161 | ||||||||||||
Income earned not collected | 46,110 | 46,110 | 47,666 | 47,666 | ||||||||||||
Stock issued by: | ||||||||||||||||
Federal Home Loan Bank of Atlanta | 31,938 | 31,938 | 36,139 | 36,139 | ||||||||||||
Federal Home Loan Bank of San Francisco | 7,024 | 7,024 | 10,107 | 10,107 | ||||||||||||
Federal Home Loan Bank of Seattle | 4,290 | 4,290 | 4,410 | 4,410 | ||||||||||||
Preferred stock | 31,749 | 32,996 | 40,768 | 40,793 | ||||||||||||
Deposits | 18,063,319 | 18,089,336 | 18,086,025 | 18,126,893 | ||||||||||||
Short-term borrowings | 604,435 | 604,435 | 568,505 | 568,505 | ||||||||||||
Long-term obligations | 510,963 | 530,080 | 444,921 | 472,642 | ||||||||||||
Payable to the FDIC for loss share agreements | 107,419 | 123,321 | 101,641 | 125,065 | ||||||||||||
Accrued interest payable | 6,051 | 6,051 | 9,353 | 9,353 | ||||||||||||
Interest rate swap | 7,909 | 7,909 | 10,398 | 10,398 | ||||||||||||
(1) The fair value of the FDIC receivable excludes receivable related to accretable yield to be amortized in prospective periods. | ||||||||||||||||
Among BancShares’ assets and liabilities, investment securities available for sale and interest rate swaps accounted for as cash flow hedges are reported at their fair values on a recurring basis. Certain other assets are adjusted to their fair value on a nonrecurring basis, including loans held for sale, which are carried at the lower of cost or fair value. Impaired loans, OREO, goodwill and other intangible assets are periodically tested for impairment. Loans held for investment, deposits, short-term borrowings and long-term obligations are not reported at fair value. BancShares did not elect to voluntarily report any assets or liabilities at fair value. | ||||||||||||||||
For assets and liabilities carried at fair value on a recurring basis, the following table provides fair value information as of September 30, 2013, and December 31, 2012. | ||||||||||||||||
Fair value measurements using: | ||||||||||||||||
Description | Fair value | Level 1 | Level 2 | Level 3 | ||||||||||||
(dollars in thousands) | ||||||||||||||||
September 30, 2013 | ||||||||||||||||
Assets measured at fair value | ||||||||||||||||
Investment securities available for sale | ||||||||||||||||
U.S. Treasury | $ | 448,532 | $ | — | $ | 448,532 | $ | — | ||||||||
Government agency | 2,584,780 | — | 2,584,780 | — | ||||||||||||
Mortgage-backed securities | 2,106,032 | — | 2,106,032 | — | ||||||||||||
Equity securities | 21,224 | — | 21,224 | — | ||||||||||||
State, county, municipal | 187 | — | 187 | — | ||||||||||||
Other | 830 | — | 830 | — | ||||||||||||
Total | $ | 5,161,585 | $ | — | $ | 5,161,585 | $ | — | ||||||||
Liabilities measured at fair value | ||||||||||||||||
Interest rate swaps accounted for as cash flow hedges | $ | 7,909 | $ | — | $ | 7,909 | $ | — | ||||||||
December 31, 2012 | ||||||||||||||||
Assets measured at fair value | ||||||||||||||||
Investment securities available for sale | ||||||||||||||||
U.S. Treasury | $ | 823,632 | $ | — | $ | 823,632 | $ | — | ||||||||
Government agency | 3,055,204 | — | 3,055,204 | — | ||||||||||||
Mortgage-backed securities | 1,329,657 | — | 1,329,657 | — | ||||||||||||
Equity securities | 16,365 | — | 16,365 | — | ||||||||||||
State, county, municipal | 550 | — | 550 | — | ||||||||||||
Other | 820 | — | 820 | — | ||||||||||||
Total | $ | 5,226,228 | $ | — | $ | 5,226,228 | $ | — | ||||||||
Liabilities measured at fair value | ||||||||||||||||
Interest rate swaps accounted for as cash flow hedges | $ | 10,398 | $ | — | $ | 10,398 | $ | — | ||||||||
During the third quarter, management reevaluated its fair value leveling methodology and the inputs utilized by the 3rd party pricing services for the current and prior periods. Management concluded that due to the reliance on significant observable inputs, the fair values of its US Treasury, Government agency and other securities should be classified as level 2 rather than the level 1 previously disclosed. Management also concluded that its equity securities should be classified as level 2 rather than the level 1 previously disclosed due to the inactive nature of the markets in which these securities trade. | ||||||||||||||||
There were no transfers between levels during the nine months ended September 30, 2013, and 2012 other than the reclassification referenced above, which was made for all periods presented. | ||||||||||||||||
Certain financial assets and liabilities are carried at fair value on a nonrecurring basis. Loans held for sale are carried at the lower of aggregate cost or fair value and are, therefore, carried at fair value only when fair value is less than the asset cost. Certain impaired loans are also carried at fair value. Noncovered OREO that has been recently remeasured is deemed to be at fair value. For financial assets and liabilities carried at fair value on a nonrecurring basis, the following table provides fair value information as of September 30, 2013, and December 31, 2012. | ||||||||||||||||
Fair value measurements using: | ||||||||||||||||
Description | Fair value | Level 1 | Level 2 | Level 3 | ||||||||||||
(dollars in thousands) | ||||||||||||||||
September 30, 2013 | ||||||||||||||||
Loans held for sale | $ | 23,728 | $ | — | $ | 23,728 | $ | — | ||||||||
Originated impaired loans | 90,211 | — | — | 90,211 | ||||||||||||
Other real estate not covered under loss share agreements remeasured during current year | 4,596 | — | — | 4,596 | ||||||||||||
December 31, 2012 | ||||||||||||||||
Loans held for sale | 65,244 | — | 65,244 | — | ||||||||||||
Originated impaired loans | 51,644 | — | — | 51,644 | ||||||||||||
Other real estate not covered under loss share agreements remeasured during current year | 21,113 | — | — | 21,113 | ||||||||||||
The value of loans held for sale are generally based on market prices for loans with similar characteristics or external valuations. | ||||||||||||||||
The value of impaired loans is determined by either collateral valuations or discounted present value of the expected cash flow calculations. Collateral values are determined using appraisals or other third-party value estimates of the subject property with discounts generally between 10 and 14 percent applied for estimated holding and selling costs and other external factors that may impact the marketability of the property. Impaired loans are assigned to an asset manager and monitored monthly for significant changes since the last valuation. If significant changes are noted, the asset manager orders a new valuation or adjusts the valuation accordingly. Expected cash flows are determined using expected loss rates developed from historic experience for loans with similar risk characteristics. | ||||||||||||||||
OREO is measured and reported at fair value using level 3 inputs for valuations based on unobservable criteria. The values of OREO are determined by collateral valuations. Collateral values are determined using appraisals or other third-party value estimates of the subject property with discounts generally between 10 and 14 percent applied for estimated holding and selling costs and other external factors that may impact the marketability of the property. Changes to the value of the assets between scheduled valuation dates are monitored through continued communication with brokers and monthly reviews by the asset manager assigned to each asset. The asset manager uses the information gathered from brokers and other market sources to identify any significant changes in the market or the subject property as they occur. Valuations are then adjusted or new appraisals are ordered to ensure the reported values reflect the most current information. | ||||||||||||||||
No financial liabilities were carried at fair value on a nonrecurring basis as of September 30, 2013, and December 31, 2012. |
Employee_Benefit_Plans
Employee Benefit Plans | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
General Discussion of Pension and Other Postretirement Benefits [Abstract] | ' | |||||||||||||||
Employee Benefit Plans | ' | |||||||||||||||
Employee Benefit Plans | ||||||||||||||||
Pension expense is a component of employee benefits expense. For the three-month and nine-month periods ended September 30, 2013, and 2012 the components of pension expense are as follows: | ||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Service cost | $ | 3,765 | $ | 4,012 | $ | 12,248 | $ | 10,387 | ||||||||
Interest cost | 5,460 | 7,151 | 17,764 | 17,293 | ||||||||||||
Expected return on assets | (6,393 | ) | (8,576 | ) | (20,798 | ) | (20,710 | ) | ||||||||
Amortization of prior service cost | 53 | 53 | 158 | 158 | ||||||||||||
Amortization of net actuarial loss | 4,245 | 2,735 | 12,738 | 8,210 | ||||||||||||
Total pension expense | $ | 7,130 | $ | 5,375 | $ | 22,110 | $ | 15,338 | ||||||||
The assumed discount rate for 2013 is 4.00 percent, the expected long-term rate of return on plan assets is 7.25 percent and the assumed rate of salary increases is 4.00 percent. For 2012 the assumed discount rate was 4.75 percent, expected long-term rate of return was 7.50 percent and the assumed rate of salary increases was 4.00 percent. |
Income_Taxes
Income Taxes | 9 Months Ended |
Sep. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Income Taxes | ' |
Income Taxes | |
Income tax expense totaled $25,659 and $19,974 for the third quarters of 2013 and 2012, representing effective tax rates of 38.5 percent and 33.6 percent during the respective periods. For the first nine months of 2013, income tax expense totaled $82,012 compared to $49,009 during 2012. The effective tax rates for the nine-month periods equals 36.9 percent and 30.3 percent, respectively. | |
During the third quarter of 2013, BancShares adjusted its net deferred tax asset as a result of reductions in the North Carolina corporate income tax rate that were enacted July 23, 2013, and will become effective January 1, 2014, and January 1, 2015. The lower corporate income tax rate resulted in a reduction in the deferred tax asset and an increase in current period income tax expense. The lower effective tax rate for the first nine months of 2012 also reflects the impact of a $6,449 credit to income tax expense resulting from the favorable outcome of state tax audits for the period 2008-2010, net of additional federal taxes. |
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments and Contingencies | ' |
Commitments and Contingencies | |
To meet the financing needs of its customers, BancShares and its subsidiaries have financial instruments with off-balance sheet risk. These financial instruments include commitments to extend credit, standby letters of credit and recourse obligations on mortgage loans sold. These instruments involve elements of credit, interest rate or liquidity risk. | |
Commitments to extend credit are legally binding agreements to lend to customers. Commitments generally have fixed expiration dates or other termination clauses and may require payment of fees. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future liquidity requirements. Established credit standards control the credit risk exposure associated with these commitments. In some cases, BancShares requires that collateral be pledged to secure the commitment, including cash deposits, securities and other assets. At September 30, 2013, BancShares had unused commitments totaling $5,788,492, compared to $5,467,998 at December 31, 2012. | |
Standby letters of credit are commitments guaranteeing performance of a customer to a third party. Those guarantees are issued primarily to support public and private borrowing arrangements. To minimize its exposure, BancShares’ credit policies govern the issuance of standby letters of credit. At September 30, 2013, and December 31, 2012, BancShares had standby letters of credit amounting to $56,941 and $63,085, respectively. The credit risk related to the issuance of these letters of credit is essentially the same as that involved in extending loans to clients and, therefore, these letters of credit are collateralized when necessary. | |
Residential mortgage loans are sold with standard representations and warranties relating to documentation and underwriting requirements for the loans. If deficiencies are discovered at any point in the life of the loan, the investor may require BancShares to repurchase the loan. As of September 30, 2013, and December 31, 2012, other liabilities included a reserve of $3,641 and $4,065, respectively, for estimated losses arising from the repurchase of loans under these provisions. | |
In addition to standard representations and warranties, residential mortgage loans sold with limited recourse liability represent guarantees to repurchase the loans or repay a portion of the sale proceeds in the event of nonperformance by the borrower. The recourse period is generally 120 days or fewer after sale. At September 30, 2013, and December 31, 2012, BancShares has sold loans of approximately $200,379 and $205,888, respectively, for which the recourse period had not yet elapsed. | |
BancShares has recorded a receivable from the FDIC for the expected reimbursement of losses on assets covered under the various loss share agreements. These loss share agreements impose certain obligations on us that, in the event of noncompliance, could result in the delay or disallowance of some or all of our rights under those agreements. Requests for reimbursement are subject to FDIC review and may be delayed or disallowed for noncompliance. The loss share agreements are subject to interpretation by both the FDIC and FCB, and disagreements may arise regarding coverage of losses, expenses and contingencies. | |
The loss share agreements for four FDIC-assisted transactions include provisions related to contingent payments that may be owed to the FDIC at the termination of the agreements (clawback liability).The clawback liability represents an estimated payment by BancShares to the FDIC if actual cumulative losses on acquired covered assets are lower than the cumulative losses originally estimated by the FDIC at the time of acquisition. The clawback liability is estimated by discounting estimated future payments and is recorded in the Consolidated Balance Sheets as a payable to the FDIC for loss share agreements. As of September 30, 2013, and December 31, 2012, the clawback liability was $107,419 and $101,641, respectively. | |
BancShares and various subsidiaries have been named as defendants in legal actions arising from their normal business activities in which damages in various amounts are claimed. BancShares is also exposed to litigation risk relating to the prior business activities of banks from which assets were acquired and liabilities assumed in the various FDIC-assisted transactions. Although the amount of any ultimate liability with respect to such matters cannot be determined, in the opinion of management, any such liability will not have a material effect on BancShares’ consolidated financial statements. | |
On February 18, 2011, United Western Bank, United Western Bank's parent company, United Western Bancorp, and five of their directors filed a complaint in the United States District Court for the District of Columbia against the Office of Thrift Supervision (OTS), its Acting Director and the FDIC in its corporate and receivership capacities, alleging that the seizure of United Western Bank by the OTS and the subsequent appointment of the FDIC as receiver were illegal. The complaint requested the court to direct the OTS to remove the FDIC as receiver and return control of United Western Bank to the plaintiffs. Neither BancShares nor FCB was named as a party. In June 2011, the Court dismissed all plaintiffs other than United Western Bank and dismissed the FDIC in both capacities, leaving United Western Bank and the OTS and its Acting Director as the only parties. In July 2011, following passage of the Dodd-Frank Act, the Office of the Comptroller of the Currency (OCC) and the Acting Comptroller were substituted for the OTS and its Acting Director as the only defendants. On March 5, 2013, the court entered a final, appealable order denying United Western Bank's Motion for Summary Judgment and granting OCC's and the Comptroller's Motion for Summary Judgment. On April 26, 2013, United Western Bank filed its Notice of Appeal to the U.S. Court of Appeals for the District of Columbia. On June 20, 2013, United Western Bank filed a Motion for the Voluntary Dismissal of its appeal. The Motion was granted and the appeal was dismissed on July 3, 2013. | |
During March 2012, FCB received communications from the US Small Business Administration (SBA) asserting that the SBA is entitled to receive a share of amounts paid or to be paid by the FDIC to FCB relating to certain specific SBA-guaranteed loans pursuant to the loss share agreement between FCB and the FDIC applicable to Temecula Valley Bank. FCB disputes the validity of the SBA claims and is pursuing administrative relief through the SBA. During the second quarter of 2013, SBA advised that it will no longer pursue this claim. |
Derivatives
Derivatives | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Summary of Derivative Instruments [Abstract] | ' | |||||||||||||||
Derivatives | ' | |||||||||||||||
Derivatives | ||||||||||||||||
At September 30, 2013, BancShares had an interest rate swap entered into during 2011 that qualifies as a cash flow hedge under GAAP. For all periods presented, the fair value of the outstanding derivative is included in other liabilities in the consolidated balance sheets, and the net change in fair value is included in the consolidated statements of cash flows under the caption net change in other liabilities. | ||||||||||||||||
The interest rate swap is used for interest rate risk management purposes and converts variable-rate exposure on outstanding debt to a fixed rate. The 2011 interest rate swap has a notional amount of $93,500, representing the amount of variable rate trust preferred capital securities issued during 2006 and still outstanding at the swap inception date. The 2011 interest rate swap hedges interest payments through June 2016 and requires fixed-rate payments by BancShares at 5.50 percent in exchange for variable-rate payments of 175 basis points above the three-month LIBOR, which is equal to the interest paid to the holders of the trust preferred capital securities. Settlement of the swap occurs quarterly. As of September 30, 2013, collateral with a fair value of $9,651 was pledged to secure the existing obligation under the interest rate swap. | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Notional amount | Estimated fair value of liability | Notional amount | Estimated fair value of liability | |||||||||||||
(dollars in thousands) | ||||||||||||||||
2011 interest rate swap hedging variable rate exposure on trust preferred securities 2011-2016 | $ | 93,500 | $ | 7,909 | $ | 93,500 | $ | 10,398 | ||||||||
For cash flow hedges, the effective portion of the gain or loss due to changes in the fair value of the derivative hedging instrument is included in other comprehensive income (loss), while the ineffective portion, representing the excess of the cumulative change in the fair value of the derivative over the cumulative change in expected future discounted cash flows on the hedged transaction, is recorded in the consolidated income statement. BancShares’ interest rate swap has been fully effective since inception. Therefore, changes in the fair value of the interest rate swap has had no impact on net income. For the three-month periods ended September 30, 2013, and 2012, BancShares recognized interest expense of $831 and $769, respectively, resulting from incremental interest paid to the interest rate swap counterparty, none of which related to ineffectiveness. For the nine-month periods ended September 30, 2013, and 2012, BancShares recognized interest expense of $2,463 and $2,294, respectively, resulting from incremental interest paid to the interest rate swap counterparty, none of which related to ineffectiveness. | ||||||||||||||||
The estimated net amount in accumulated other comprehensive loss at September 30, 2013, that is expected to be reclassified into earnings within the next 12 months is a net after-tax loss of $1,927. | ||||||||||||||||
The following table discloses activity in accumulated other comprehensive income (loss) related to the interest rate swap during the nine-month periods ended September 30, 2013, and 2012. | ||||||||||||||||
2013 | 2012 | |||||||||||||||
(dollars in thousands) | ||||||||||||||||
Accumulated other comprehensive loss resulting from interest rate swaps as of January 1 | $ | (10,398 | ) | $ | (10,714 | ) | ||||||||||
Other comprehensive income (loss) recognized during the nine-month period ended September 30 | 2,489 | (456 | ) | |||||||||||||
Accumulated other comprehensive loss resulting from interest rate swaps as of September 30 | $ | (7,909 | ) | $ | (11,170 | ) | ||||||||||
BancShares monitors the credit risk of the interest rate swap counterparty. |
Accumulated_Other_Comprehensiv
Accumulated Other Comprehensive Loss | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | |||||||||||||||||||||||
Accumulated Other Comprehensive Loss | ' | |||||||||||||||||||||||
Accumulated Other Comprehensive Loss | ||||||||||||||||||||||||
Accumulated other comprehensive loss included the following as of September 30, 2013, and December 31, 2012: | ||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Accumulated | Deferred | Accumulated | Accumulated | Deferred | Accumulated | |||||||||||||||||||
other | tax | other | other | tax | other | |||||||||||||||||||
comprehensive | benefit | comprehensive | comprehensive | expense | comprehensive | |||||||||||||||||||
loss | loss, | income (loss) | (benefit) | income (loss), | ||||||||||||||||||||
net of tax | net of tax | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Unrealized (losses) gains on investment securities available for sale | $ | (3,189 | ) | $ | (1,365 | ) | $ | (1,824 | ) | $ | 33,809 | $ | 13,292 | $ | 20,517 | |||||||||
Funded status of defined benefit plan | (145,438 | ) | (56,575 | ) | (88,863 | ) | (158,334 | ) | (62,003 | ) | (96,331 | ) | ||||||||||||
Unrealized loss on cash flow hedge | (7,909 | ) | (3,051 | ) | (4,858 | ) | (10,398 | ) | (4,106 | ) | (6,292 | ) | ||||||||||||
Total | $ | (156,536 | ) | $ | (60,991 | ) | $ | (95,545 | ) | $ | (134,923 | ) | $ | (52,817 | ) | $ | (82,106 | ) | ||||||
The following table highlights changes in accumulated other comprehensive income by component for three and nine months ended September 30, 2013, and 2012: | ||||||||||||||||||||||||
Gains and losses on cash flow hedges1 | Unrealized gains and losses on available-for-sale securities1 | Defined benefit pension items1 | Total | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (4,959 | ) | $ | (4,117 | ) | $ | (91,100 | ) | $ | (100,176 | ) | ||||||||||||
Other comprehensive income (loss) before reclassifications | (330 | ) | 2,293 | — | 1,963 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 431 | — | 2,237 | 2,668 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 101 | 2,293 | 2,237 | 4,631 | ||||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,670 | ) | $ | 17,073 | $ | (72,810 | ) | $ | (62,407 | ) | |||||||||||||
Other comprehensive income before reclassifications | (555 | ) | 8,834 | — | 8,279 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive (loss) income | 465 | (19 | ) | 1,696 | 2,142 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (90 | ) | 8,815 | 1,696 | 10,421 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (6,292 | ) | $ | 20,517 | $ | (96,331 | ) | $ | (82,106 | ) | |||||||||||||
Other comprehensive income (loss)before reclassifications | 15 | (22,341 | ) | — | (22,326 | ) | ||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 1,419 | — | 7,468 | 8,887 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 1,434 | (22,341 | ) | 7,468 | (13,439 | ) | ||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,484 | ) | $ | 16,115 | $ | (76,205 | ) | $ | (66,574 | ) | |||||||||||||
Other comprehensive (loss) income before reclassifications | (1,664 | ) | 9,794 | — | 8,130 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income (loss) | 1,388 | (21 | ) | 5,091 | 6,458 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (276 | ) | 9,773 | 5,091 | 14,588 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
1 All amounts are net of tax. Amounts in parentheses indicate debits. | ||||||||||||||||||||||||
Details about accumulated other comprehensive loss | Amount reclassified from accumulated other comprehensive income1 | Affected line item in the statement where net income is presented | ||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (831 | ) | Long-term obligations | ||||||||||||||||||||
400 | Income taxes | |||||||||||||||||||||||
$ | (431 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | — | Securities gains (losses) | ||||||||||||||||||||||
— | Income taxes | |||||||||||||||||||||||
$ | — | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (53 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (4,245 | ) | Employee benefits | |||||||||||||||||||||
(4,298 | ) | Income before income taxes | ||||||||||||||||||||||
2,061 | Income taxes | |||||||||||||||||||||||
$ | (2,237 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (2,668 | ) | |||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (769 | ) | Long-term obligations | ||||||||||||||||||||
304 | Income taxes | |||||||||||||||||||||||
$ | (465 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | 31 | Securities gains (losses) | ||||||||||||||||||||||
(12 | ) | Income taxes | ||||||||||||||||||||||
$ | 19 | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (53 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (2,735 | ) | Employee benefits | |||||||||||||||||||||
(2,788 | ) | Income before income taxes | ||||||||||||||||||||||
1,092 | Income taxes | |||||||||||||||||||||||
$ | (1,696 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (2,142 | ) | |||||||||||||||||||||
1 Amounts in parentheses indicate debits to profit/loss. | ||||||||||||||||||||||||
Details about accumulated other comprehensive loss | Amount reclassified from accumulated other comprehensive loss1 | Affected line item in the statement where net income is presented | ||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (2,463 | ) | Long-term obligations | ||||||||||||||||||||
1,044 | Income taxes | |||||||||||||||||||||||
$ | (1,419 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | — | Securities gains (losses) | ||||||||||||||||||||||
— | Income taxes | |||||||||||||||||||||||
$ | — | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (158 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (12,738 | ) | Employee benefits | |||||||||||||||||||||
(12,896 | ) | Income before income taxes | ||||||||||||||||||||||
5,428 | Income taxes | |||||||||||||||||||||||
$ | (7,468 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (8,887 | ) | |||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (2,294 | ) | Long-term obligations | ||||||||||||||||||||
906 | Income taxes | |||||||||||||||||||||||
$ | (1,388 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | 34 | Securities gains (losses) | ||||||||||||||||||||||
(13 | ) | Income taxes | ||||||||||||||||||||||
$ | 21 | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (158 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (8,210 | ) | Employee benefits | |||||||||||||||||||||
(8,368 | ) | Income before income taxes | ||||||||||||||||||||||
3,277 | Income taxes | |||||||||||||||||||||||
$ | (5,091 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (6,458 | ) | |||||||||||||||||||||
1 Amounts in parentheses indicate debits to profit/loss. |
Investments_Tables
Investments (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Investments [Abstract] | ' | |||||||||||||||||||||||
Aggregate Values And Unrealized Gains And Losses Of Investment Securities | ' | |||||||||||||||||||||||
The aggregate values of investment securities at September 30, 2013, and December 31, 2012, along with unrealized gains and losses determined on an individual security basis are as follows: | ||||||||||||||||||||||||
Cost | Gross | Gross unrealized | Fair | |||||||||||||||||||||
unrealized | losses | value | ||||||||||||||||||||||
gains | ||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Investment securities available for sale | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
U.S. Treasury | $ | 448,201 | $ | 372 | $ | 41 | $ | 448,532 | ||||||||||||||||
Government agency | 2,583,888 | 2,320 | 1,428 | 2,584,780 | ||||||||||||||||||||
Mortgage-backed securities | 2,131,099 | 5,452 | 30,519 | 2,106,032 | ||||||||||||||||||||
Equity securities | 543 | 20,681 | — | 21,224 | ||||||||||||||||||||
State, county and municipal | 186 | 1 | — | 187 | ||||||||||||||||||||
Other | 857 | — | 27 | 830 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,164,774 | $ | 28,826 | $ | 32,015 | $ | 5,161,585 | ||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
U.S. Treasury | $ | 823,241 | $ | 403 | $ | 12 | $ | 823,632 | ||||||||||||||||
Government agency | 3,052,040 | 3,501 | 337 | 3,055,204 | ||||||||||||||||||||
Mortgage-backed securities | 1,315,211 | 14,787 | 341 | 1,329,657 | ||||||||||||||||||||
Equity securities | 543 | 15,822 | — | 16,365 | ||||||||||||||||||||
State, county and municipal | 546 | 4 | — | 550 | ||||||||||||||||||||
Other | 838 | — | 18 | 820 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,192,419 | $ | 34,517 | $ | 708 | $ | 5,226,228 | ||||||||||||||||
Investment securities held to maturity | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
Mortgage-backed securities | $ | 1,013 | $ | 67 | $ | — | $ | 1,080 | ||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
Mortgage-backed securities | $ | 1,342 | $ | 133 | $ | 27 | $ | 1,448 | ||||||||||||||||
Investment Securities Maturity Information | ' | |||||||||||||||||||||||
The following table provides the maturity distribution for non-amortizing securities. Repayments of mortgage-backed securities are dependent on the repayments of the underlying loan balances. Equity securities do not have a stated maturity date. | ||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Cost | Fair | Cost | Fair | |||||||||||||||||||||
value | value | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Investment securities available for sale | ||||||||||||||||||||||||
Amortizing securities maturing in: | ||||||||||||||||||||||||
One year or less | $ | 864,992 | $ | 865,925 | $ | 2,285,159 | $ | 2,286,403 | ||||||||||||||||
One through five years | 2,168,080 | 2,168,344 | 1,590,608 | 1,592,923 | ||||||||||||||||||||
Five through 10 years | 60 | 60 | 898 | 880 | ||||||||||||||||||||
Over 10 years | — | — | — | — | ||||||||||||||||||||
Mortgage-backed securities | 2,131,099 | 2,106,032 | 1,315,211 | 1,329,657 | ||||||||||||||||||||
Equity securities | 543 | 21,224 | 543 | 16,365 | ||||||||||||||||||||
Total investment securities available for sale | $ | 5,164,774 | $ | 5,161,585 | $ | 5,192,419 | $ | 5,226,228 | ||||||||||||||||
Investment securities held to maturity | ||||||||||||||||||||||||
Mortgage-backed securities held to maturity | $ | 1,013 | $ | 1,080 | $ | 1,342 | $ | 1,448 | ||||||||||||||||
Securities Gains (Losses) | ' | |||||||||||||||||||||||
For each period presented, securities gains (losses) include the following: | ||||||||||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Gross gains on sales of investment securities available for sale | $ | — | $ | 31 | $ | — | $ | 36 | ||||||||||||||||
Gross losses on sales of investment securities available for sale | — | — | — | (2 | ) | |||||||||||||||||||
Other than temporary impairment loss on equity securities | — | — | — | (45 | ) | |||||||||||||||||||
Total securities gains (losses) | $ | — | $ | 31 | $ | — | $ | (11 | ) | |||||||||||||||
Investment Securities With Unrealized Losses | ' | |||||||||||||||||||||||
The following table provides information regarding securities with unrealized losses as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||
Less than 12 months | 12 months or more | Total | ||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | |||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||
Investment securities available for sale: | ||||||||||||||||||||||||
U.S. Treasury | $ | 51,836 | $ | 41 | $ | — | $ | — | $ | 51,836 | $ | 41 | ||||||||||||
Government agency | 953,103 | 1,428 | — | — | 953,103 | 1,428 | ||||||||||||||||||
Mortgage-backed securities | 1,820,909 | 29,712 | 27,949 | 807 | 1,848,858 | 30,519 | ||||||||||||||||||
Other | 830 | 27 | — | — | 830 | 27 | ||||||||||||||||||
Total | $ | 2,826,678 | $ | 31,208 | $ | 27,949 | $ | 807 | $ | 2,854,627 | $ | 32,015 | ||||||||||||
Investment securities held to maturity: | ||||||||||||||||||||||||
Mortgage-backed securities | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||
December 31, 2012 | ||||||||||||||||||||||||
Investment securities available for sale: | ||||||||||||||||||||||||
U.S. Treasury | $ | 120,045 | $ | 12 | $ | — | $ | — | $ | 120,045 | $ | 12 | ||||||||||||
Government agency | 407,498 | 337 | — | — | 407,498 | 337 | ||||||||||||||||||
Mortgage-backed securities | 135,880 | 214 | 9,433 | 127 | 145,313 | 341 | ||||||||||||||||||
Other | 820 | 18 | — | — | 820 | 18 | ||||||||||||||||||
Total | $ | 664,243 | $ | 581 | $ | 9,433 | $ | 127 | $ | 673,676 | $ | 708 | ||||||||||||
Investment securities held to maturity: | ||||||||||||||||||||||||
Mortgage-backed securities | $ | — | $ | — | $ | 17 | $ | 27 | $ | 17 | $ | 27 | ||||||||||||
Loans_and_Leases_Tables
Loans and Leases (Tables) | 9 Months Ended | |||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Abstract] | ' | |||||||||||||||||||||||||||||||||||
Loans And Leases Outstanding | ' | |||||||||||||||||||||||||||||||||||
Loans and leases outstanding include the following as of the dates indicated: | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Acquired loans | $ | 1,188,281 | $ | 1,809,235 | ||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Commercial: | ||||||||||||||||||||||||||||||||||||
Construction and land development | 300,266 | 309,190 | ||||||||||||||||||||||||||||||||||
Commercial mortgage | 6,308,192 | 6,029,435 | ||||||||||||||||||||||||||||||||||
Other commercial real estate | 177,599 | 160,980 | ||||||||||||||||||||||||||||||||||
Commercial and industrial | 1,009,641 | 1,038,530 | ||||||||||||||||||||||||||||||||||
Lease financing | 365,967 | 330,679 | ||||||||||||||||||||||||||||||||||
Other | 180,435 | 125,681 | ||||||||||||||||||||||||||||||||||
Total commercial loans | 8,342,100 | 7,994,495 | ||||||||||||||||||||||||||||||||||
Noncommercial: | ||||||||||||||||||||||||||||||||||||
Residential mortgage | 927,426 | 822,889 | ||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,113,240 | 2,210,133 | ||||||||||||||||||||||||||||||||||
Construction and land development | 121,553 | 131,992 | ||||||||||||||||||||||||||||||||||
Consumer | 380,266 | 416,606 | ||||||||||||||||||||||||||||||||||
Total noncommercial loans | 3,542,485 | 3,581,620 | ||||||||||||||||||||||||||||||||||
Total originated loans and leases | 11,884,585 | 11,576,115 | ||||||||||||||||||||||||||||||||||
Total loans and leases | $ | 13,072,866 | $ | 13,385,350 | ||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
Impaired at | All other | Total | Impaired at | All other | Total | |||||||||||||||||||||||||||||||
acquisition | acquired loans | acquisition | acquired loans | |||||||||||||||||||||||||||||||||
date | date | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Acquired loans: | ||||||||||||||||||||||||||||||||||||
Commercial: | ||||||||||||||||||||||||||||||||||||
Construction and land development | $ | 23,136 | $ | 70,827 | $ | 93,963 | $ | 71,225 | $ | 166,681 | $ | 237,906 | ||||||||||||||||||||||||
Commercial mortgage | 81,389 | 662,960 | 744,349 | 107,281 | 947,192 | 1,054,473 | ||||||||||||||||||||||||||||||
Other commercial real estate | 8,713 | 42,395 | 51,108 | 35,369 | 71,750 | 107,119 | ||||||||||||||||||||||||||||||
Commercial and industrial | 144 | 24,304 | 24,448 | 3,932 | 45,531 | 49,463 | ||||||||||||||||||||||||||||||
Other | — | 1,003 | 1,003 | — | 1,074 | 1,074 | ||||||||||||||||||||||||||||||
Total commercial loans | 113,382 | 801,489 | 914,871 | 217,807 | 1,232,228 | 1,450,035 | ||||||||||||||||||||||||||||||
Noncommercial: | ||||||||||||||||||||||||||||||||||||
Residential mortgage | 32,389 | 199,921 | 232,310 | 48,077 | 249,849 | 297,926 | ||||||||||||||||||||||||||||||
Revolving mortgage | 8,416 | 26,418 | 34,834 | 9,606 | 29,104 | 38,710 | ||||||||||||||||||||||||||||||
Construction and land development | 5,145 | 192 | 5,337 | 15,136 | 5,657 | 20,793 | ||||||||||||||||||||||||||||||
Consumer | — | 929 | 929 | — | 1,771 | 1,771 | ||||||||||||||||||||||||||||||
Total noncommercial loans | 45,950 | 227,460 | 273,410 | 72,819 | 286,381 | 359,200 | ||||||||||||||||||||||||||||||
Total acquired loans | $ | 159,332 | $ | 1,028,949 | $ | 1,188,281 | $ | 290,626 | $ | 1,518,609 | $ | 1,809,235 | ||||||||||||||||||||||||
Composition Of The Loans And Leases Outstanding By Credit Quality Indicator | ' | |||||||||||||||||||||||||||||||||||
The composition of the loans and leases outstanding at September 30, 2013, and December 31, 2012, by credit quality indicator is provided below: | ||||||||||||||||||||||||||||||||||||
Originated commercial loans and leases | ||||||||||||||||||||||||||||||||||||
Grade: | Construction and land | Commercial | Other | Commercial and | Lease financing | Other | Total originated commercial loans and leases | |||||||||||||||||||||||||||||
development | mortgage | commercial real estate | industrial | |||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 285,044 | $ | 6,019,286 | $ | 172,341 | $ | 885,691 | $ | 359,195 | $ | 179,085 | $ | 7,900,642 | ||||||||||||||||||||||
Special mention | 12,060 | 125,280 | 1,241 | 17,260 | 2,664 | 1,350 | 159,855 | |||||||||||||||||||||||||||||
Substandard | 3,109 | 155,593 | 3,709 | 6,606 | 3,335 | — | 172,352 | |||||||||||||||||||||||||||||
Doubtful | 53 | 6,703 | 75 | 1,428 | 773 | — | 9,032 | |||||||||||||||||||||||||||||
Ungraded | — | 1,330 | 233 | 98,656 | — | — | 100,219 | |||||||||||||||||||||||||||||
Total | $ | 300,266 | $ | 6,308,192 | $ | 177,599 | $ | 1,009,641 | $ | 365,967 | $ | 180,435 | $ | 8,342,100 | ||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 274,480 | $ | 5,688,541 | $ | 151,549 | $ | 894,998 | $ | 325,626 | $ | 124,083 | $ | 7,459,277 | ||||||||||||||||||||||
Special mention | 14,666 | 166,882 | 2,812 | 13,275 | 1,601 | 837 | 200,073 | |||||||||||||||||||||||||||||
Substandard | 18,761 | 157,966 | 5,038 | 12,073 | 1,663 | 756 | 196,257 | |||||||||||||||||||||||||||||
Doubtful | 952 | 13,475 | 98 | 1,040 | 771 | — | 16,336 | |||||||||||||||||||||||||||||
Ungraded | 331 | 2,571 | 1,483 | 117,144 | 1,018 | 5 | 122,552 | |||||||||||||||||||||||||||||
Total | $ | 309,190 | $ | 6,029,435 | $ | 160,980 | $ | 1,038,530 | $ | 330,679 | $ | 125,681 | $ | 7,994,495 | ||||||||||||||||||||||
Originated noncommercial loans and leases | ||||||||||||||||||||||||||||||||||||
Residential | Revolving | Construction | Consumer | Total originated noncommercial | ||||||||||||||||||||||||||||||||
mortgage | mortgage | and land | loans | |||||||||||||||||||||||||||||||||
development | ||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Current | $ | 900,625 | $ | 2,097,658 | $ | 119,395 | $ | 376,237 | $ | 3,493,915 | ||||||||||||||||||||||||||
30-59 days past due | 11,840 | 9,921 | 1,907 | 2,502 | 26,170 | |||||||||||||||||||||||||||||||
60-89 days past due | 3,312 | 1,556 | 85 | 1,015 | 5,968 | |||||||||||||||||||||||||||||||
90 days or greater past due | 11,649 | 4,105 | 166 | 512 | 16,432 | |||||||||||||||||||||||||||||||
Total | $ | 927,426 | $ | 2,113,240 | $ | 121,553 | $ | 380,266 | $ | 3,542,485 | ||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Current | $ | 786,626 | $ | 2,190,186 | $ | 128,764 | 409,218 | $ | 3,514,794 | |||||||||||||||||||||||||||
30-59 days past due | 15,711 | 12,868 | 1,941 | 4,405 | 34,925 | |||||||||||||||||||||||||||||||
60-89 days past due | 7,559 | 3,200 | 490 | 1,705 | 12,954 | |||||||||||||||||||||||||||||||
90 days or greater past due | 12,993 | 3,879 | 797 | 1,278 | 18,947 | |||||||||||||||||||||||||||||||
Total | $ | 822,889 | $ | 2,210,133 | $ | 131,992 | $ | 416,606 | $ | 3,581,620 | ||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||
Grade: | Construction | Commercial | Other | Commercial | Residential | Revolving | Construction | Consumer | Total acquired | |||||||||||||||||||||||||||
and land | mortgage | commercial | and | mortgage | mortgage | and land | and other | loans | ||||||||||||||||||||||||||||
development - | real estate | industrial | development - | |||||||||||||||||||||||||||||||||
commercial | noncommercial | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 3,373 | $ | 308,809 | $ | 22,007 | $ | 7,553 | $ | 145,735 | $ | 26,291 | $ | 139 | $ | 1,468 | $ | 515,375 | ||||||||||||||||||
Special mention | 18,395 | 176,338 | 6,602 | 9,268 | 8,676 | 2,865 | — | 26 | 222,170 | |||||||||||||||||||||||||||
Substandard | 62,472 | 209,383 | 13,786 | 5,908 | 57,156 | 3,329 | 4,903 | — | 356,937 | |||||||||||||||||||||||||||
Doubtful | 8,013 | 49,165 | 8,713 | 1,502 | 2,660 | 2,349 | 295 | — | 72,697 | |||||||||||||||||||||||||||
Ungraded | 1,710 | 654 | — | 217 | 18,083 | — | — | 438 | 21,102 | |||||||||||||||||||||||||||
Total | $ | 93,963 | $ | 744,349 | $ | 51,108 | $ | 24,448 | $ | 232,310 | $ | 34,834 | $ | 5,337 | $ | 1,932 | $ | 1,188,281 | ||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Pass | $ | 17,010 | $ | 376,974 | $ | 33,570 | $ | 19,451 | $ | 172,165 | $ | 29,540 | $ | 334 | $ | 1,617 | $ | 650,661 | ||||||||||||||||||
Special mention | 25,734 | 259,264 | 17,518 | 12,465 | 14,863 | 1,736 | — | 34 | 331,614 | |||||||||||||||||||||||||||
Substandard | 105,061 | 344,542 | 44,335 | 14,698 | 83,193 | 7,434 | 17,190 | 239 | 616,692 | |||||||||||||||||||||||||||
Doubtful | 87,445 | 73,016 | 11,696 | 2,757 | 4,268 | — | 3,269 | 117 | 182,568 | |||||||||||||||||||||||||||
Ungraded | 2,656 | 677 | — | 92 | 23,437 | — | — | 838 | 27,700 | |||||||||||||||||||||||||||
Total | $ | 237,906 | $ | 1,054,473 | $ | 107,119 | $ | 49,463 | $ | 297,926 | $ | 38,710 | $ | 20,793 | $ | 2,845 | $ | 1,809,235 | ||||||||||||||||||
Aging Of The Outstanding Loans And Leases By Class Excluding Loans Impaired At Acquisition Date | ' | |||||||||||||||||||||||||||||||||||
The aging of the outstanding loans and leases, by class, at September 30, 2013, and December 31, 2012, (excluding loans and leases acquired with deteriorated credit quality) is provided in the table below. The calculation of days past due begins on the day after payment is due and includes all days through which all required interest or principal has not been paid. Loans and leases 30 days or less past due are considered current due to various grace periods that allow borrowers to make payments within a stated period after the due date and still remain in compliance with the loan agreement. | ||||||||||||||||||||||||||||||||||||
30-59 days | 60-89 days | 90 days or greater | Total past | Current | Total loans | |||||||||||||||||||||||||||||||
past due | past due | due | and leases | |||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,755 | $ | 49 | $ | 562 | $ | 2,366 | $ | 297,900 | $ | 300,266 | ||||||||||||||||||||||||
Commercial mortgage | 15,917 | 10,522 | 18,449 | 44,888 | 6,263,304 | 6,308,192 | ||||||||||||||||||||||||||||||
Other commercial real estate | 103 | 400 | 1,169 | 1,672 | 175,927 | 177,599 | ||||||||||||||||||||||||||||||
Commercial and industrial | 2,633 | 796 | 1,675 | 5,104 | 1,004,537 | 1,009,641 | ||||||||||||||||||||||||||||||
Lease financing | 2,317 | — | 178 | 2,495 | 363,472 | 365,967 | ||||||||||||||||||||||||||||||
Other | — | — | — | — | 180,435 | 180,435 | ||||||||||||||||||||||||||||||
Residential mortgage | 11,840 | 3,312 | 11,649 | 26,801 | 900,625 | 927,426 | ||||||||||||||||||||||||||||||
Revolving mortgage | 9,921 | 1,556 | 4,105 | 15,582 | 2,097,658 | 2,113,240 | ||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,907 | 85 | 166 | 2,158 | 119,395 | 121,553 | ||||||||||||||||||||||||||||||
Consumer | 2,502 | 1,015 | 512 | 4,029 | 376,237 | 380,266 | ||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 48,895 | $ | 17,735 | $ | 38,465 | $ | 105,095 | $ | 11,779,490 | $ | 11,884,585 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 927 | $ | — | $ | 7,878 | $ | 8,805 | $ | 300,385 | $ | 309,190 | ||||||||||||||||||||||||
Commercial mortgage | 24,447 | 4,179 | 21,327 | 49,953 | 5,979,482 | 6,029,435 | ||||||||||||||||||||||||||||||
Other commercial real estate | 387 | 1,240 | 1,034 | 2,661 | 158,319 | 160,980 | ||||||||||||||||||||||||||||||
Commercial and industrial | 2,833 | 1,096 | 605 | 4,534 | 1,033,996 | 1,038,530 | ||||||||||||||||||||||||||||||
Lease financing | 991 | 138 | 621 | 1,750 | 328,929 | 330,679 | ||||||||||||||||||||||||||||||
Other | 18 | 13 | — | 31 | 125,650 | 125,681 | ||||||||||||||||||||||||||||||
Residential mortgage | 15,711 | 7,559 | 12,993 | 36,263 | 786,626 | 822,889 | ||||||||||||||||||||||||||||||
Revolving mortgage | 12,868 | 3,200 | 3,879 | 19,947 | 2,190,186 | 2,210,133 | ||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,941 | 490 | 797 | 3,228 | 128,764 | 131,992 | ||||||||||||||||||||||||||||||
Consumer | 4,405 | 1,705 | 1,278 | 7,388 | 409,218 | 416,606 | ||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 64,528 | $ | 19,620 | $ | 50,412 | $ | 134,560 | $ | 11,441,555 | $ | 11,576,115 | ||||||||||||||||||||||||
Recorded Investment, By Class, In Loans And Leases On Nonaccrual Status And Loans And Leases Greater Than 90 Days Past Due And Still Accruing | ' | |||||||||||||||||||||||||||||||||||
The recorded investment, by class, in loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at September 30, 2013, and December 31, 2012, (excluding loans and leases acquired with deteriorated credit quality) are as follows: | ||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||
Nonaccrual | Loans and | Nonaccrual | Loans and | |||||||||||||||||||||||||||||||||
loans and | leases > 90 | loans and | leases > 90 | |||||||||||||||||||||||||||||||||
leases | days and | leases | days and | |||||||||||||||||||||||||||||||||
accruing | accruing | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Originated loans and leases: | ||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 493 | $ | 164 | $ | 14,930 | $ | 541 | ||||||||||||||||||||||||||||
Commercial mortgage | 44,818 | 601 | 50,532 | 1,671 | ||||||||||||||||||||||||||||||||
Commercial and industrial | 2,978 | 238 | 6,972 | 466 | ||||||||||||||||||||||||||||||||
Lease financing | 1,000 | 69 | 1,075 | — | ||||||||||||||||||||||||||||||||
Other commercial real estate | 1,937 | 800 | 2,319 | — | ||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 463 | 166 | 668 | 111 | ||||||||||||||||||||||||||||||||
Residential mortgage | 15,119 | 2,708 | 12,603 | 3,337 | ||||||||||||||||||||||||||||||||
Revolving mortgage | — | 4,105 | — | 3,877 | ||||||||||||||||||||||||||||||||
Consumer | 32 | 512 | 746 | 1,269 | ||||||||||||||||||||||||||||||||
Total originated loans and leases | $ | 66,840 | $ | 9,363 | $ | 89,845 | $ | 11,272 | ||||||||||||||||||||||||||||
Changes In Carrying Value Of Acquired Impaired Loans | ' | |||||||||||||||||||||||||||||||||||
The following table provides changes in the carrying value of acquired loans impaired at acquisition date and all other acquired loans during the nine months ended September 30, 2013, and 2012: | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
Impaired at | All other | Impaired at | All other | |||||||||||||||||||||||||||||||||
acquisition | acquired loans | acquisition | acquired loans | |||||||||||||||||||||||||||||||||
date | date | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Balance, January 1 | $ | 290,626 | $ | 1,518,609 | $ | 458,305 | $ | 1,903,847 | ||||||||||||||||||||||||||||
Reductions for repayments, foreclosures and changes in carrying value, net of accretion | (131,294 | ) | (489,660 | ) | (167,581 | ) | (297,474 | ) | ||||||||||||||||||||||||||||
Balance, September 30 | $ | 159,332 | $ | 1,028,949 | $ | 290,724 | $ | 1,606,373 | ||||||||||||||||||||||||||||
Outstanding principal balance at September 30 | $ | 670,256 | $ | 1,412,617 | $ | 1,077,975 | $ | 2,253,660 | ||||||||||||||||||||||||||||
Changes In The Amount Of Accretable Yield | ' | |||||||||||||||||||||||||||||||||||
The following table documents changes to the amount of accretable yield for the first nine months of 2013 and 2012. Other, net includes reclassifications from nonaccretable difference to accretable yield and changes to accretable yield attributable to revised cash flow estimates. | ||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Balance, January 1 | $ | 539,564 | $ | 276,690 | ||||||||||||||||||||||||||||||||
Accretion | (179,792 | ) | (193,438 | ) | ||||||||||||||||||||||||||||||||
Other, net | 107,300 | 498,874 | ||||||||||||||||||||||||||||||||||
Balance, September 30 | $ | 467,072 | $ | 582,126 | ||||||||||||||||||||||||||||||||
Allowance_for_Loan_and_Lease_L1
Allowance for Loan and Lease Losses (Tables) | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses, Adjustments, Net [Abstract] | ' | |||||||||||||||||||||||||||||||||||||||||||||||
Allocation of Allowance for Loan and Lease Losses [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||||||||
Activity in the allowance for loan and lease losses, ending balances of loans and leases and related allowance by class of loans is summarized as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non- | |||||||||||||||||||||||||||||||||||||||||||||||
commercial | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Reclassification (1) | 5,141 | 27,421 | (815 | ) | 7,551 | (253 | ) | (1,288 | ) | 5,717 | (9,838 | ) | (478 | ) | (10,018 | ) | (15,772 | ) | 7,368 | |||||||||||||||||||||||||||||
Charge-offs | (4,570 | ) | (1,662 | ) | (77 | ) | (3,917 | ) | (123 | ) | (6 | ) | (1,987 | ) | (4,540 | ) | (304 | ) | (7,601 | ) | — | (24,787 | ) | |||||||||||||||||||||||||
Recoveries | 722 | 740 | 75 | 1,003 | 90 | 1 | 353 | 462 | 180 | 1,850 | — | 5,476 | ||||||||||||||||||||||||||||||||||||
Provision | 3,259 | (7,695 | ) | (207 | ) | 3,951 | 1,358 | 307 | 2,126 | 4,546 | (571 | ) | 4,183 | (78 | ) | 11,179 | ||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 5,467 | $ | 67,486 | $ | 2,169 | $ | 23,723 | $ | 3,288 | $ | 1,315 | $ | 8,879 | $ | 27,045 | $ | 1,427 | $ | 25,962 | $ | 14,122 | $ | 180,883 | ||||||||||||||||||||||||
Charge-offs | (9,504 | ) | (5,448 | ) | (254 | ) | (3,766 | ) | (335 | ) | (28 | ) | (3,381 | ) | (7,885 | ) | (914 | ) | (7,590 | ) | — | (39,105 | ) | |||||||||||||||||||||||||
Recoveries | 370 | 1,230 | 6 | 616 | 75 | 4 | 433 | 501 | 168 | 1,366 | — | 4,769 | ||||||||||||||||||||||||||||||||||||
Provision | 10,134 | 18,168 | 318 | (6,937 | ) | 419 | (115 | ) | 1,255 | 6,726 | 1,441 | 6,944 | 1,147 | 39,500 | ||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 11,732 | $ | 104,842 | $ | 1,057 | $ | 19,309 | $ | 4,992 | $ | 360 | $ | 9,996 | $ | 14,997 | $ | 720 | $ | 13,777 | $ | — | $ | 181,782 | ||||||||||||||||||||||||
Reclassification (1) | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Charge-offs | (3,030 | ) | (794 | ) | (5 | ) | (1,671 | ) | (31 | ) | — | (719 | ) | (1,472 | ) | (59 | ) | (2,445 | ) | — | (10,226 | ) | ||||||||||||||||||||||||||
Recoveries | 84 | 241 | 39 | 344 | 71 | — | 253 | 84 | 101 | 577 | — | 1,794 | ||||||||||||||||||||||||||||||||||||
Provision | 1,797 | (5,256 | ) | (56 | ) | 4,656 | (439 | ) | (171 | ) | 515 | 2,206 | (214 | ) | 1,894 | — | 4,932 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 5,056 | $ | 81,573 | $ | 2,413 | $ | 14,308 | $ | 3,515 | $ | 1,183 | $ | 7,639 | $ | 26,700 | $ | 1,815 | $ | 24,988 | $ | 15,942 | $ | 185,132 | ||||||||||||||||||||||||
Charge-offs | (283 | ) | (1,428 | ) | — | (720 | ) | — | — | (1,090 | ) | (1,613 | ) | (239 | ) | (2,307 | ) | — | (7,680 | ) | ||||||||||||||||||||||||||||
Recoveries | 101 | 222 | 6 | 179 | 27 | — | 121 | 87 | 16 | 439 | — | 1,198 | ||||||||||||||||||||||||||||||||||||
Provision | 1,593 | 1,069 | (180 | ) | (131 | ) | (95 | ) | (7 | ) | 516 | 1,213 | 530 | 3,562 | (673 | ) | 7,397 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
(1) Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15,772 previously designated as 'non-specific' to other loan classes and the absorption of $7,368 of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A. | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non-commercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 435 | $ | 8,506 | $ | 133 | $ | 2,500 | $ | 177 | $ | — | $ | 1,113 | $ | 1,167 | $ | 52 | $ | 133 | $ | — | $ | 14,216 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 10,148 | 90,527 | 902 | 20,138 | 4,416 | 189 | 8,932 | 14,648 | 496 | 13,670 | — | 164,066 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 2,469 | $ | 11,697 | $ | 298 | $ | 2,133 | $ | 202 | $ | 53 | $ | 959 | $ | 1 | $ | 287 | $ | 256 | $ | — | $ | 18,355 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 3,562 | 68,532 | 1,761 | 11,917 | 3,319 | 1,122 | 2,877 | 25,184 | 1,434 | 25,133 | — | 144,841 | ||||||||||||||||||||||||||||||||||||
Nonspecific ALLL | — | — | — | — | — | — | — | — | — | — | 15,850 | 15,850 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 2,290 | $ | 116,222 | $ | 2,835 | $ | 11,282 | $ | 309 | $ | — | $ | 14,333 | $ | 6,495 | $ | 938 | $ | 1,212 | $ | — | $ | 155,916 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 297,976 | 6,191,970 | 174,764 | 998,359 | 365,658 | 180,435 | 913,093 | 2,106,745 | 120,615 | 379,054 | — | 11,728,669 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 300,266 | $ | 6,308,192 | $ | 177,599 | $ | 1,009,641 | $ | 365,967 | $ | 180,435 | $ | 927,426 | $ | 2,113,240 | $ | 121,553 | $ | 380,266 | $ | — | $ | 11,884,585 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 17,075 | $ | 133,804 | $ | 3,375 | $ | 22,619 | $ | 804 | $ | 707 | $ | 15,836 | $ | 4,203 | $ | 1,321 | $ | 2,509 | $ | — | $ | 202,253 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 292,115 | 5,895,631 | 157,605 | 1,015,911 | 329,875 | 124,974 | 807,053 | 2,205,930 | 130,671 | 414,097 | — | 11,373,862 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 309,190 | $ | 6,029,435 | $ | 160,980 | $ | 1,038,530 | $ | 330,679 | $ | 125,681 | $ | 822,889 | $ | 2,210,133 | $ | 131,992 | $ | 416,606 | $ | — | $ | 11,576,115 | ||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Residential | Revolving | Construction | Consumer | Total | |||||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and | financing | mortgage | mortgage | and land | and other | ||||||||||||||||||||||||||||||||||||||||
development - | real estate | industrial | development - | |||||||||||||||||||||||||||||||||||||||||||||
commercial | noncommercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 31,186 | $ | 50,275 | $ | 11,234 | $ | 8,897 | $ | — | $ | 19,837 | $ | 9,754 | $ | 8,287 | $ | 502 | $ | 139,972 | ||||||||||||||||||||||||||||
Charge-offs | (3,435 | ) | (10,146 | ) | (6,622 | ) | (5,190 | ) | — | (1,973 | ) | — | — | (2,379 | ) | (29,745 | ) | |||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (25,132 | ) | (10,809 | ) | (2,689 | ) | 2,067 | — | (3,546 | ) | (4,918 | ) | (7,739 | ) | 2,056 | (50,710 | ) | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 16,693 | $ | 39,557 | $ | 16,862 | $ | 5,500 | $ | 13 | $ | 5,433 | $ | 77 | $ | 4,652 | $ | 474 | $ | 89,261 | ||||||||||||||||||||||||||||
Charge-offs | (6,460 | ) | (18,396 | ) | (831 | ) | (7,916 | ) | — | (3,431 | ) | — | (301 | ) | (66 | ) | (37,401 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | 142 | — | — | — | 142 | ||||||||||||||||||||||||||||||||||||||
Provision | 7,502 | 19,983 | (11,477 | ) | 6,125 | (13 | ) | 7,366 | 5,417 | 2,577 | 1,025 | 38,505 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 7,589 | $ | 33,588 | $ | 4,596 | $ | 5,936 | $ | — | $ | 17,272 | $ | 6,031 | $ | 1,232 | $ | 290 | $ | 76,534 | ||||||||||||||||||||||||||||
Charge-offs | (1,263 | ) | (2,324 | ) | — | (89 | ) | — | (509 | ) | — | (217 | ) | — | (4,402 | ) | ||||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (3,707 | ) | (1,944 | ) | (2,673 | ) | (73 | ) | — | (2,445 | ) | (1,195 | ) | (467 | ) | (111 | ) | (12,615 | ) | |||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 15,983 | $ | 35,991 | $ | 9,194 | $ | 14,724 | $ | — | $ | 5,575 | $ | 2,548 | $ | 3,780 | $ | 2 | $ | 87,797 | ||||||||||||||||||||||||||||
Charge-offs | (1,434 | ) | (3,006 | ) | (34 | ) | (1,901 | ) | — | (819 | ) | — | (292 | ) | (30 | ) | (7,516 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | 3,186 | 8,159 | (4,606 | ) | (9,114 | ) | — | 4,754 | 2,946 | 3,440 | 1,461 | 10,226 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | 31,186 | 50,275 | 11,234 | 8,897 | — | 19,837 | 9,754 | 8,287 | 502 | 139,972 | ||||||||||||||||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 93,963 | 744,349 | 51,108 | 24,448 | — | 232,310 | 34,834 | 5,337 | 1,932 | 1,188,281 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 237,906 | 1,054,473 | 107,119 | 49,463 | — | 297,926 | 38,710 | 20,793 | 2,845 | 1,809,235 | ||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses | ' | |||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide information on originated impaired loans and leases, exclusive of loans and leases evaluated collectively as a homogeneous group, including interest income recognized in the period during which the loans and leases were considered impaired. | ||||||||||||||||||||||||||||||||||||||||||||||||
With a | With no | Total | Unpaid | Related | ||||||||||||||||||||||||||||||||||||||||||||
recorded | recorded | principal | allowance | |||||||||||||||||||||||||||||||||||||||||||||
allowance | allowance | balance | recorded | |||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,941 | $ | 349 | $ | 2,290 | $ | 7,364 | $ | 435 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 71,829 | 44,393 | 116,222 | 120,254 | 8,506 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,210 | 1,625 | 2,835 | 3,131 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,911 | 371 | 11,282 | 11,512 | 2,500 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 309 | — | 309 | 309 | 177 | |||||||||||||||||||||||||||||||||||||||||||
Other | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,652 | 2,681 | 14,333 | 14,534 | 1,113 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 4,888 | 1,607 | 6,495 | 6,495 | 1,167 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 475 | 463 | 938 | 938 | 52 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,212 | — | 1,212 | 1,212 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 104,427 | $ | 51,489 | $ | 155,916 | $ | 165,749 | $ | 14,216 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 6,960 | $ | 10,115 | $ | 17,075 | $ | 31,879 | $ | 2,469 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 61,644 | 72,160 | 133,804 | 123,964 | 11,697 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,552 | 1,823 | 3,375 | 3,348 | 298 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,248 | 11,371 | 22,619 | 9,583 | 2,133 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 723 | 81 | 804 | 746 | 202 | |||||||||||||||||||||||||||||||||||||||||||
Other | 53 | 654 | 707 | 707 | 53 | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,596 | 4,240 | 15,836 | 13,978 | 959 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 1,238 | 2,965 | 4,203 | 4,203 | 1 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,162 | 159 | 1,321 | 1,321 | 287 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,609 | 900 | 2,509 | 2,509 | 256 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 97,785 | $ | 104,468 | $ | 202,253 | $ | 192,238 | $ | 18,355 | ||||||||||||||||||||||||||||||||||||||
At September 30, 2013, acquired loans that have had an adverse change in expected cash flows since the date of acquisition equaled $514,166, for which $59,517 in related allowance for loan losses has been recorded. | ||||||||||||||||||||||||||||||||||||||||||||||||
YTD | YTD Interest Income Recognized | |||||||||||||||||||||||||||||||||||||||||||||||
Average | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 7,793 | $ | 242 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 107,929 | 4,413 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,893 | 121 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,811 | 533 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 399 | 19 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,441 | 253 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,337 | 459 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 907 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,508 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 157,018 | $ | 6,112 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 5,553 | $ | 29 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 117,584 | 1,575 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,852 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 12,136 | 127 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 312 | 5 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,137 | 181 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,564 | 47 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 943 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,253 | 4 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 162,334 | $ | 2,021 | ||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,595 | $ | 756 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 90,544 | 3,621 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,502 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,847 | 682 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 412 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 327 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,278 | 536 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,507 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,017 | 122 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,631 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 152,660 | $ | 5,885 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,046 | $ | 239 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 100,751 | 1,332 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,191 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,414 | 186 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 689 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 734 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 16,111 | 206 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,592 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,012 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,978 | 7 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 166,518 | $ | 2,067 | ||||||||||||||||||||||||||||||||||||||||||||
Allowance for Loan and Lease Losses | ||||||||||||||||||||||||||||||||||||||||||||||||
Activity in the allowance for loan and lease losses, ending balances of loans and leases and related allowance by class of loans is summarized as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non- | |||||||||||||||||||||||||||||||||||||||||||||||
commercial | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Reclassification (1) | 5,141 | 27,421 | (815 | ) | 7,551 | (253 | ) | (1,288 | ) | 5,717 | (9,838 | ) | (478 | ) | (10,018 | ) | (15,772 | ) | 7,368 | |||||||||||||||||||||||||||||
Charge-offs | (4,570 | ) | (1,662 | ) | (77 | ) | (3,917 | ) | (123 | ) | (6 | ) | (1,987 | ) | (4,540 | ) | (304 | ) | (7,601 | ) | — | (24,787 | ) | |||||||||||||||||||||||||
Recoveries | 722 | 740 | 75 | 1,003 | 90 | 1 | 353 | 462 | 180 | 1,850 | — | 5,476 | ||||||||||||||||||||||||||||||||||||
Provision | 3,259 | (7,695 | ) | (207 | ) | 3,951 | 1,358 | 307 | 2,126 | 4,546 | (571 | ) | 4,183 | (78 | ) | 11,179 | ||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 5,467 | $ | 67,486 | $ | 2,169 | $ | 23,723 | $ | 3,288 | $ | 1,315 | $ | 8,879 | $ | 27,045 | $ | 1,427 | $ | 25,962 | $ | 14,122 | $ | 180,883 | ||||||||||||||||||||||||
Charge-offs | (9,504 | ) | (5,448 | ) | (254 | ) | (3,766 | ) | (335 | ) | (28 | ) | (3,381 | ) | (7,885 | ) | (914 | ) | (7,590 | ) | — | (39,105 | ) | |||||||||||||||||||||||||
Recoveries | 370 | 1,230 | 6 | 616 | 75 | 4 | 433 | 501 | 168 | 1,366 | — | 4,769 | ||||||||||||||||||||||||||||||||||||
Provision | 10,134 | 18,168 | 318 | (6,937 | ) | 419 | (115 | ) | 1,255 | 6,726 | 1,441 | 6,944 | 1,147 | 39,500 | ||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 11,732 | $ | 104,842 | $ | 1,057 | $ | 19,309 | $ | 4,992 | $ | 360 | $ | 9,996 | $ | 14,997 | $ | 720 | $ | 13,777 | $ | — | $ | 181,782 | ||||||||||||||||||||||||
Reclassification (1) | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Charge-offs | (3,030 | ) | (794 | ) | (5 | ) | (1,671 | ) | (31 | ) | — | (719 | ) | (1,472 | ) | (59 | ) | (2,445 | ) | — | (10,226 | ) | ||||||||||||||||||||||||||
Recoveries | 84 | 241 | 39 | 344 | 71 | — | 253 | 84 | 101 | 577 | — | 1,794 | ||||||||||||||||||||||||||||||||||||
Provision | 1,797 | (5,256 | ) | (56 | ) | 4,656 | (439 | ) | (171 | ) | 515 | 2,206 | (214 | ) | 1,894 | — | 4,932 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 5,056 | $ | 81,573 | $ | 2,413 | $ | 14,308 | $ | 3,515 | $ | 1,183 | $ | 7,639 | $ | 26,700 | $ | 1,815 | $ | 24,988 | $ | 15,942 | $ | 185,132 | ||||||||||||||||||||||||
Charge-offs | (283 | ) | (1,428 | ) | — | (720 | ) | — | — | (1,090 | ) | (1,613 | ) | (239 | ) | (2,307 | ) | — | (7,680 | ) | ||||||||||||||||||||||||||||
Recoveries | 101 | 222 | 6 | 179 | 27 | — | 121 | 87 | 16 | 439 | — | 1,198 | ||||||||||||||||||||||||||||||||||||
Provision | 1,593 | 1,069 | (180 | ) | (131 | ) | (95 | ) | (7 | ) | 516 | 1,213 | 530 | 3,562 | (673 | ) | 7,397 | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 6,467 | $ | 81,436 | $ | 2,239 | $ | 13,636 | $ | 3,447 | $ | 1,176 | $ | 7,186 | $ | 26,387 | $ | 2,122 | $ | 26,682 | $ | 15,269 | $ | 186,047 | ||||||||||||||||||||||||
(1) Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15,772 previously designated as 'non-specific' to other loan classes and the absorption of $7,368 of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A. | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Other | Residential | Revolving | Construction | Consumer | Non- | Total | |||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and industrial | financing | mortgage | mortgage | and land | specific | ||||||||||||||||||||||||||||||||||||||||
development | real estate | development | ||||||||||||||||||||||||||||||||||||||||||||||
- commercial | - non-commercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 435 | $ | 8,506 | $ | 133 | $ | 2,500 | $ | 177 | $ | — | $ | 1,113 | $ | 1,167 | $ | 52 | $ | 133 | $ | — | $ | 14,216 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 10,148 | 90,527 | 902 | 20,138 | 4,416 | 189 | 8,932 | 14,648 | 496 | 13,670 | — | 164,066 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 10,583 | $ | 99,033 | $ | 1,035 | $ | 22,638 | $ | 4,593 | $ | 189 | $ | 10,045 | $ | 15,815 | $ | 548 | $ | 13,803 | $ | — | $ | 178,282 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases individually evaluated for impairment | $ | 2,469 | $ | 11,697 | $ | 298 | $ | 2,133 | $ | 202 | $ | 53 | $ | 959 | $ | 1 | $ | 287 | $ | 256 | $ | — | $ | 18,355 | ||||||||||||||||||||||||
ALLL for loans and leases collectively evaluated for impairment | 3,562 | 68,532 | 1,761 | 11,917 | 3,319 | 1,122 | 2,877 | 25,184 | 1,434 | 25,133 | — | 144,841 | ||||||||||||||||||||||||||||||||||||
Nonspecific ALLL | — | — | — | — | — | — | — | — | — | — | 15,850 | 15,850 | ||||||||||||||||||||||||||||||||||||
Total allowance for loan and lease losses | $ | 6,031 | $ | 80,229 | $ | 2,059 | $ | 14,050 | $ | 3,521 | $ | 1,175 | $ | 3,836 | $ | 25,185 | $ | 1,721 | $ | 25,389 | $ | 15,850 | $ | 179,046 | ||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 2,290 | $ | 116,222 | $ | 2,835 | $ | 11,282 | $ | 309 | $ | — | $ | 14,333 | $ | 6,495 | $ | 938 | $ | 1,212 | $ | — | $ | 155,916 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 297,976 | 6,191,970 | 174,764 | 998,359 | 365,658 | 180,435 | 913,093 | 2,106,745 | 120,615 | 379,054 | — | 11,728,669 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 300,266 | $ | 6,308,192 | $ | 177,599 | $ | 1,009,641 | $ | 365,967 | $ | 180,435 | $ | 927,426 | $ | 2,113,240 | $ | 121,553 | $ | 380,266 | $ | — | $ | 11,884,585 | ||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases individually evaluated for impairment | $ | 17,075 | $ | 133,804 | $ | 3,375 | $ | 22,619 | $ | 804 | $ | 707 | $ | 15,836 | $ | 4,203 | $ | 1,321 | $ | 2,509 | $ | — | $ | 202,253 | ||||||||||||||||||||||||
Loans and leases collectively evaluated for impairment | 292,115 | 5,895,631 | 157,605 | 1,015,911 | 329,875 | 124,974 | 807,053 | 2,205,930 | 130,671 | 414,097 | — | 11,373,862 | ||||||||||||||||||||||||||||||||||||
Total loan and leases | $ | 309,190 | $ | 6,029,435 | $ | 160,980 | $ | 1,038,530 | $ | 330,679 | $ | 125,681 | $ | 822,889 | $ | 2,210,133 | $ | 131,992 | $ | 416,606 | $ | — | $ | 11,576,115 | ||||||||||||||||||||||||
Construction | Commercial | Other | Commercial | Lease | Residential | Revolving | Construction | Consumer | Total | |||||||||||||||||||||||||||||||||||||||
and land | mortgage | commercial | and | financing | mortgage | mortgage | and land | and other | ||||||||||||||||||||||||||||||||||||||||
development - | real estate | industrial | development - | |||||||||||||||||||||||||||||||||||||||||||||
commercial | noncommercial | |||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired Loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 31,186 | $ | 50,275 | $ | 11,234 | $ | 8,897 | $ | — | $ | 19,837 | $ | 9,754 | $ | 8,287 | $ | 502 | $ | 139,972 | ||||||||||||||||||||||||||||
Charge-offs | (3,435 | ) | (10,146 | ) | (6,622 | ) | (5,190 | ) | — | (1,973 | ) | — | — | (2,379 | ) | (29,745 | ) | |||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (25,132 | ) | (10,809 | ) | (2,689 | ) | 2,067 | — | (3,546 | ) | (4,918 | ) | (7,739 | ) | 2,056 | (50,710 | ) | |||||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 16,693 | $ | 39,557 | $ | 16,862 | $ | 5,500 | $ | 13 | $ | 5,433 | $ | 77 | $ | 4,652 | $ | 474 | $ | 89,261 | ||||||||||||||||||||||||||||
Charge-offs | (6,460 | ) | (18,396 | ) | (831 | ) | (7,916 | ) | — | (3,431 | ) | — | (301 | ) | (66 | ) | (37,401 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | 142 | — | — | — | 142 | ||||||||||||||||||||||||||||||||||||||
Provision | 7,502 | 19,983 | (11,477 | ) | 6,125 | (13 | ) | 7,366 | 5,417 | 2,577 | 1,025 | 38,505 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 7,589 | $ | 33,588 | $ | 4,596 | $ | 5,936 | $ | — | $ | 17,272 | $ | 6,031 | $ | 1,232 | $ | 290 | $ | 76,534 | ||||||||||||||||||||||||||||
Charge-offs | (1,263 | ) | (2,324 | ) | — | (89 | ) | — | (509 | ) | — | (217 | ) | — | (4,402 | ) | ||||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | (3,707 | ) | (1,944 | ) | (2,673 | ) | (73 | ) | — | (2,445 | ) | (1,195 | ) | (467 | ) | (111 | ) | (12,615 | ) | |||||||||||||||||||||||||||||
Balance at September 30 | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance at July 1 | $ | 15,983 | $ | 35,991 | $ | 9,194 | $ | 14,724 | $ | — | $ | 5,575 | $ | 2,548 | $ | 3,780 | $ | 2 | $ | 87,797 | ||||||||||||||||||||||||||||
Charge-offs | (1,434 | ) | (3,006 | ) | (34 | ) | (1,901 | ) | — | (819 | ) | — | (292 | ) | (30 | ) | (7,516 | ) | ||||||||||||||||||||||||||||||
Recoveries | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Provision | 3,186 | 8,159 | (4,606 | ) | (9,114 | ) | — | 4,754 | 2,946 | 3,440 | 1,461 | 10,226 | ||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,735 | $ | 41,144 | $ | 4,554 | $ | 3,709 | $ | — | $ | 9,510 | $ | 5,494 | $ | 6,928 | $ | 1,433 | $ | 90,507 | ||||||||||||||||||||||||||||
Allowance for loan and lease losses: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | $ | 2,619 | $ | 29,320 | $ | 1,923 | $ | 5,774 | $ | — | $ | 14,318 | $ | 4,836 | $ | 548 | $ | 179 | $ | 59,517 | ||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
ALLL for loans and leases acquired with deteriorated credit quality | 31,186 | 50,275 | 11,234 | 8,897 | — | 19,837 | 9,754 | 8,287 | 502 | 139,972 | ||||||||||||||||||||||||||||||||||||||
Loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 93,963 | 744,349 | 51,108 | 24,448 | — | 232,310 | 34,834 | 5,337 | 1,932 | 1,188,281 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Loans and leases acquired with deteriorated credit quality | 237,906 | 1,054,473 | 107,119 | 49,463 | — | 297,926 | 38,710 | 20,793 | 2,845 | 1,809,235 | ||||||||||||||||||||||||||||||||||||||
The following tables provide information on originated impaired loans and leases, exclusive of loans and leases evaluated collectively as a homogeneous group, including interest income recognized in the period during which the loans and leases were considered impaired. | ||||||||||||||||||||||||||||||||||||||||||||||||
With a | With no | Total | Unpaid | Related | ||||||||||||||||||||||||||||||||||||||||||||
recorded | recorded | principal | allowance | |||||||||||||||||||||||||||||||||||||||||||||
allowance | allowance | balance | recorded | |||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 1,941 | $ | 349 | $ | 2,290 | $ | 7,364 | $ | 435 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 71,829 | 44,393 | 116,222 | 120,254 | 8,506 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,210 | 1,625 | 2,835 | 3,131 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,911 | 371 | 11,282 | 11,512 | 2,500 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 309 | — | 309 | 309 | 177 | |||||||||||||||||||||||||||||||||||||||||||
Other | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,652 | 2,681 | 14,333 | 14,534 | 1,113 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 4,888 | 1,607 | 6,495 | 6,495 | 1,167 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 475 | 463 | 938 | 938 | 52 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,212 | — | 1,212 | 1,212 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 104,427 | $ | 51,489 | $ | 155,916 | $ | 165,749 | $ | 14,216 | ||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Impaired originated loans and leases | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 6,960 | $ | 10,115 | $ | 17,075 | $ | 31,879 | $ | 2,469 | ||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 61,644 | 72,160 | 133,804 | 123,964 | 11,697 | |||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1,552 | 1,823 | 3,375 | 3,348 | 298 | |||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,248 | 11,371 | 22,619 | 9,583 | 2,133 | |||||||||||||||||||||||||||||||||||||||||||
Lease financing | 723 | 81 | 804 | 746 | 202 | |||||||||||||||||||||||||||||||||||||||||||
Other | 53 | 654 | 707 | 707 | 53 | |||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 11,596 | 4,240 | 15,836 | 13,978 | 959 | |||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 1,238 | 2,965 | 4,203 | 4,203 | 1 | |||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 1,162 | 159 | 1,321 | 1,321 | 287 | |||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,609 | 900 | 2,509 | 2,509 | 256 | |||||||||||||||||||||||||||||||||||||||||||
Nonspecific | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||
Total impaired originated loans and leases | $ | 97,785 | $ | 104,468 | $ | 202,253 | $ | 192,238 | $ | 18,355 | ||||||||||||||||||||||||||||||||||||||
At September 30, 2013, acquired loans that have had an adverse change in expected cash flows since the date of acquisition equaled $514,166, for which $59,517 in related allowance for loan losses has been recorded. | ||||||||||||||||||||||||||||||||||||||||||||||||
YTD | YTD Interest Income Recognized | |||||||||||||||||||||||||||||||||||||||||||||||
Average | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance | ||||||||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 7,793 | $ | 242 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 107,929 | 4,413 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,893 | 121 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,811 | 533 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 399 | 19 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,441 | 253 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,337 | 459 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 907 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,508 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 157,018 | $ | 6,112 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 5,553 | $ | 29 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 117,584 | 1,575 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,852 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 12,136 | 127 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 312 | 5 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | — | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,137 | 181 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6,564 | 47 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 943 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,253 | 4 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 162,334 | $ | 2,021 | ||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,595 | $ | 756 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 90,544 | 3,621 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,502 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 11,847 | 682 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 412 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 327 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 15,278 | 536 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 2,507 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,017 | 122 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,631 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 152,660 | $ | 5,885 | ||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated impaired loans and leases: | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,046 | $ | 239 | ||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 100,751 | 1,332 | ||||||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 2,191 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 13,414 | 186 | ||||||||||||||||||||||||||||||||||||||||||||||
Lease financing | 689 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||
Other | 734 | — | ||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 16,111 | 206 | ||||||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,592 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 3,012 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||
Consumer | 1,978 | 7 | ||||||||||||||||||||||||||||||||||||||||||||||
Total originated impaired loans and leases | $ | 166,518 | $ | 2,067 | ||||||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings | ||||||||||||||||||||||||||||||||||||||||||||||||
BancShares accounts for certain loan modifications or restructurings as troubled debt restructurings (TDRs). In general, the modification or restructuring of a loan is considered a TDR if, for economic reasons or legal reasons related to a borrower's financial difficulties, a concession is granted to the borrower that creditors would not otherwise consider. Concessions may relate to the contractual interest rate, maturity date, payment structure or other actions. In accordance with GAAP, loans acquired under ASC 310-30 are not initially considered to be TDRs. The following table provides a summary of total TDRs by accrual status. | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
Accruing | Nonaccruing | Total | Accruing | Nonaccruing | Total | |||||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | $ | 24,394 | $ | 2,505 | $ | 26,899 | $ | 47,368 | $ | 26,920 | $ | 74,288 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 105,775 | 26,669 | 132,444 | 151,728 | 37,603 | 189,331 | ||||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 3,548 | 1,330 | 4,878 | 10,137 | 2,194 | 12,331 | ||||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 10,364 | 894 | 11,258 | 10,940 | 7,237 | 18,177 | ||||||||||||||||||||||||||||||||||||||||||
Lease | 148 | — | 148 | 224 | — | 224 | ||||||||||||||||||||||||||||||||||||||||||
Total commercial loans | 144,229 | 31,398 | 175,627 | 220,397 | 73,954 | 294,351 | ||||||||||||||||||||||||||||||||||||||||||
Noncommercial | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential | 24,913 | 3,996 | 28,909 | 28,777 | 5,828 | 34,605 | ||||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3,058 | — | 3,058 | 48 | — | 48 | ||||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | 476 | 463 | 939 | 1,657 | — | 1,657 | ||||||||||||||||||||||||||||||||||||||||||
Consumer and other | 1,212 | — | 1,212 | 2,509 | — | 2,509 | ||||||||||||||||||||||||||||||||||||||||||
Total noncommercial loans | 29,659 | 4,459 | 34,118 | 32,991 | 5,828 | 38,819 | ||||||||||||||||||||||||||||||||||||||||||
Total loans | $ | 173,888 | $ | 35,857 | $ | 209,745 | $ | 253,388 | $ | 79,782 | $ | 333,170 | ||||||||||||||||||||||||||||||||||||
Total troubled debt restructurings at September 30, 2013, equaled $209,745, of which $114,231 were acquired and $95,514 were originated. TDRs at December 31, 2012, totaled $333,170, which consisted of $193,207 acquired and $139,963 that were originated. | ||||||||||||||||||||||||||||||||||||||||||||||||
The majority of TDRs are included in the special mention, substandard or doubtful grading categories, which results in more elevated loss expectations when determining the expected cash flows that are used to determine the allowance for loan losses associated with these loans. When a restructured loan subsequently defaults, it is evaluated and downgraded if appropriate. The more severely graded the loan, the lower the estimated expected cash flows and the greater the allowance recorded. Further, TDRs over $500 and graded substandard or lower are evaluated individually for impairment through review of collateral values. | ||||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide the types of TDRs made during the three months ended September 30, 2013, and 2012, as well as a summary of loans that were modified as a TDR during the 12 months ended September 30, 2013, and 2012 that subsequently defaulted during the three months ended September 30, 2013, and 2012. BancShares defines payment default as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first. | ||||||||||||||||||||||||||||||||||||||||||||||||
. | ||||||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | $ | — | — | $ | — | 3 | $ | 1,009 | — | $ | — | ||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 203 | — | — | 2 | 580 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 1 | 203 | — | — | 5 | 1,589 | — | — | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 5 | 2,372 | 4 | 1,303 | 10 | 3,505 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 2 | 513 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 2 | 590 | — | — | 2 | 133 | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 1 | 21 | — | — | 1 | 22 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 8 | 2,983 | 4 | 1,303 | 15 | 4,173 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 1 | 45 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 4 | 859 | 5 | 5,125 | 3 | 1,385 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | 1 | 173 | 1 | 113 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 319 | — | — | 1 | 8 | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 43 | 1 | 73 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Construction & land development - noncommercial | 2 | 42 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 11 | 1,308 | 7 | 5,371 | 5 | 1,506 | — | — | ||||||||||||||||||||||||||||||||||||||||
Discharged from bankruptcy | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 2 | 44 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 125 | 2 | 47 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total discharged from bankruptcy | 3 | 125 | 4 | 91 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total originated restructurings | 23 | $ | 4,619 | 15 | $ | 6,765 | 25 | $ | 7,268 | 4 | $ | 1,220 | ||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | $ | — | 1 | $ | 2,628 | 1 | $ | 336 | 1 | $ | 336 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | — | — | — | 3 | 3,822 | 1 | 159 | ||||||||||||||||||||||||||||||||||||||||
Total interest only | — | — | 1 | 2,628 | 4 | 4,158 | 2 | 495 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 157 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 121 | — | — | 1 | 118 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 1 | 198 | 3 | 5,078 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 2 | 278 | 1 | 198 | 4 | 5,196 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | — | 2 | 1,067 | 2 | 52 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 291 | 2 | 1,290 | 5 | 3,173 | 1 | 1,015 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 1 | 1,137 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 4 | 842 | 10 | 170 | 4 | 11 | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 1 | 291 | 8 | 3,199 | 18 | 4,532 | 5 | 1,026 | ||||||||||||||||||||||||||||||||||||||||
Total acquired restructurings | 3 | $ | 569 | 10 | $ | 6,025 | 26 | $ | 13,886 | 8 | $ | 6,127 | ||||||||||||||||||||||||||||||||||||
For the three months ended September 30, 2013, the recorded investment in troubled debt restructurings subsequent to modification was not materially impacted by the modification since forgiveness of principal is not a restructuring option frequently used by BancShares. | ||||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide the types of TDRs made during the nine months ended September 30, 2013, and 2012, as well as a summary of loans that were modified as a TDR during the 12 months ended September 30, 2013, and 2012 that subsequently defaulted during the | ||||||||||||||||||||||||||||||||||||||||||||||||
nine months ended September 30, 2013, and 2012. BancShares defines payment default as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first. | ||||||||||||||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | $ | — | — | $ | — | 2 | $ | 316 | — | $ | — | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 9 | 3,242 | — | — | 12 | 4,562 | 2 | 952 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 403 | — | — | 2 | 580 | — | — | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 1 | 98 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 630 | — | — | 1 | 338 | 1 | 338 | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 13 | 4,373 | — | — | 17 | 5,796 | 3 | 1,290 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | — | — | — | 2 | 7,606 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 12 | 4,935 | 5 | 1,524 | 45 | 16,314 | 10 | 3,389 | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | — | — | — | — | 3 | 1,334 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 623 | — | — | 10 | 1,371 | 3 | 150 | ||||||||||||||||||||||||||||||||||||||||
Lease financing | — | — | — | — | 3 | 172 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 9 | 879 | 1 | 570 | 7 | 493 | 1 | 47 | ||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | — | — | — | — | 1 | 1,701 | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 2 | 64 | — | — | 6 | 1,124 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 25 | 6,501 | 6 | 2,094 | 77 | 30,115 | 14 | 3,586 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 2 | 265 | — | — | 1 | 228 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 29 | 10,248 | 5 | 5,125 | 7 | 5,462 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 4 | 829 | 1 | 173 | 4 | 226 | — | — | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | 3 | 738 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 14 | 826 | — | — | 10 | 1,853 | 3 | 785 | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 6 | 215 | 1 | 73 | 1 | 49 | 1 | 49 | ||||||||||||||||||||||||||||||||||||||||
Construction & land development - noncommercial | 4 | 555 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 3 | 227 | — | — | 2 | 11 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 65 | 13,903 | 7 | 5,371 | 25 | 7,829 | 4 | 834 | ||||||||||||||||||||||||||||||||||||||||
Discharged from bankruptcy | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 4 | 130 | 2 | 44 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 31 | 2,520 | 2 | 47 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total discharged from bankruptcy | 35 | 2,650 | 4 | 91 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Other concession | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | — | — | — | 2 | 924 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | — | — | 1 | 385 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total other concession | — | — | — | — | 3 | 1,309 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total originated restructurings | 138 | $ | 27,427 | 17 | $ | 7,556 | 122 | $ | 45,049 | 21 | $ | 5,710 | ||||||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | Nine months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 1 | $ | 2,628 | 1 | $ | 2,628 | 2 | $ | 474 | 1 | $ | 336 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | 2 | 1,060 | 2 | 1,990 | 4 | 12,317 | 1 | 159 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 23 | — | — | 1 | 158 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 2 | 181 | — | — | 1 | 100 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 6 | 3,892 | 3 | 4,618 | 8 | 13,049 | 2 | 495 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 5 | 2,517 | — | — | 9 | 5,449 | 1 | 2,634 | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 157 | — | — | 2 | 1,413 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 2 | 1,042 | — | — | 2 | 147 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 198 | 1 | 198 | 4 | 5,125 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 9 | 3,914 | 1 | 198 | 17 | 12,134 | 2 | 7,240 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 5 | 3,489 | 2 | 1,067 | 10 | 1,464 | 2 | 929 | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 9 | 11,428 | 2 | 1,290 | 14 | 13,493 | 5 | 2,747 | ||||||||||||||||||||||||||||||||||||||||
Other commercial real estate | — | — | — | — | 2 | 1,766 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 3 | 510 | — | — | 4 | 1,137 | 2 | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 10 | 2,871 | 6 | 1,545 | 18 | 1,522 | 7 | 72 | ||||||||||||||||||||||||||||||||||||||||
Construction and land development - noncommercial | — | — | — | — | 1 | — | 1 | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 27 | 18,298 | 10 | 3,902 | 49 | 19,382 | 17 | 3,748 | ||||||||||||||||||||||||||||||||||||||||
Total acquired restructurings | 42 | $ | 26,104 | 14 | $ | 8,718 | 74 | $ | 44,565 | 21 | $ | 11,483 | ||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables | ' | |||||||||||||||||||||||||||||||||||||||||||||||
The following tables provide the types of TDRs made during the three months ended September 30, 2013, and 2012, as well as a summary of loans that were modified as a TDR during the 12 months ended September 30, 2013, and 2012 that subsequently defaulted during the three months ended September 30, 2013, and 2012. BancShares defines payment default as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first. | ||||||||||||||||||||||||||||||||||||||||||||||||
. | ||||||||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | Number of Loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Originated loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | $ | — | — | $ | — | 3 | $ | 1,009 | — | $ | — | ||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 203 | — | — | 2 | 580 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total interest only | 1 | 203 | — | — | 5 | 1,589 | — | — | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 5 | 2,372 | 4 | 1,303 | 10 | 3,505 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 2 | 513 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 2 | 590 | — | — | 2 | 133 | — | — | ||||||||||||||||||||||||||||||||||||||||
Consumer | 1 | 21 | — | — | 1 | 22 | — | — | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 8 | 2,983 | 4 | 1,303 | 15 | 4,173 | 4 | 1,220 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | 1 | 45 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 4 | 859 | 5 | 5,125 | 3 | 1,385 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | 1 | 173 | 1 | 113 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | 1 | 319 | — | — | 1 | 8 | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 43 | 1 | 73 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Construction & land development - noncommercial | 2 | 42 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 11 | 1,308 | 7 | 5,371 | 5 | 1,506 | — | — | ||||||||||||||||||||||||||||||||||||||||
Discharged from bankruptcy | ||||||||||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 2 | 44 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Revolving mortgage | 3 | 125 | 2 | 47 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total discharged from bankruptcy | 3 | 125 | 4 | 91 | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Total originated restructurings | 23 | $ | 4,619 | 15 | $ | 6,765 | 25 | $ | 7,268 | 4 | $ | 1,220 | ||||||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | Three months ended September 30, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||
All restructurings | Restructurings with payment default | All restructurings | Restructurings with payment default | |||||||||||||||||||||||||||||||||||||||||||||
Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | Number of loans | Recorded investment at period end | |||||||||||||||||||||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||
Acquired loans | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest only period provided | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | $ | — | 1 | $ | 2,628 | 1 | $ | 336 | 1 | $ | 336 | ||||||||||||||||||||||||||||||||||||
Commercial mortgage | — | — | — | — | 3 | 3,822 | 1 | 159 | ||||||||||||||||||||||||||||||||||||||||
Total interest only | — | — | 1 | 2,628 | 4 | 4,158 | 2 | 495 | ||||||||||||||||||||||||||||||||||||||||
Loan term extension | ||||||||||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 157 | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | 121 | — | — | 1 | 118 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 1 | 198 | 3 | 5,078 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Total loan term extension | 2 | 278 | 1 | 198 | 4 | 5,196 | 1 | 4,606 | ||||||||||||||||||||||||||||||||||||||||
Below market interest rate | ||||||||||||||||||||||||||||||||||||||||||||||||
Construction and land development - commercial | — | — | 2 | 1,067 | 2 | 52 | — | — | ||||||||||||||||||||||||||||||||||||||||
Commercial mortgage | 1 | 291 | 2 | 1,290 | 5 | 3,173 | 1 | 1,015 | ||||||||||||||||||||||||||||||||||||||||
Commercial and industrial | — | — | — | — | 1 | 1,137 | — | — | ||||||||||||||||||||||||||||||||||||||||
Residential mortgage | — | — | 4 | 842 | 10 | 170 | 4 | 11 | ||||||||||||||||||||||||||||||||||||||||
Total below market interest rate | 1 | 291 | 8 | 3,199 | 18 | 4,532 | 5 | 1,026 | ||||||||||||||||||||||||||||||||||||||||
Total acquired restructurings | 3 | $ | 569 | 10 | $ | 6,025 | 26 | $ | 13,886 | 8 | $ | 6,127 | ||||||||||||||||||||||||||||||||||||
Other_Real_Estate_Owned_Tables
Other Real Estate Owned (Tables) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Banking and Thrift [Abstract] | ' | |||||||||||
Changes in other real estate owned | ' | |||||||||||
The following table explains changes in other real estate owned during the nine months ended September 30, 2013, and 2012. | ||||||||||||
Covered | Noncovered | Total | ||||||||||
(dollars in thousands) | ||||||||||||
Balance at December 31, 2011 | $ | 148,599 | $ | 50,399 | $ | 198,998 | ||||||
Additions | 89,811 | 27,552 | 117,363 | |||||||||
Sales | (100,620 | ) | (24,960 | ) | (125,580 | ) | ||||||
Writedowns | (21,385 | ) | (7,928 | ) | (29,313 | ) | ||||||
Balance at September 30, 2012 | $ | 116,405 | $ | 45,063 | $ | 161,468 | ||||||
Balance at December 31, 2012 | $ | 102,577 | $ | 43,513 | $ | 146,090 | ||||||
Additions | 50,365 | 28,756 | 79,121 | |||||||||
Sales | (78,597 | ) | (29,266 | ) | (107,863 | ) | ||||||
Writedowns | (15,576 | ) | (2,665 | ) | (18,241 | ) | ||||||
Balance at September 30, 2013 | $ | 58,769 | $ | 40,338 | $ | 99,107 | ||||||
Receivable_from_FDIC_for_Loss_1
Receivable from FDIC for Loss Share Agreements (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Receivable From FDIC For Loss Share Agreements [Abstract] | ' | |||||||||||||||
Changes in Receivable From FDIC | ' | |||||||||||||||
The following table provides changes in the receivable from the FDIC for the three-month and nine-month periods ended September 30, 2013, and 2012. | ||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Balance at beginning of period | $ | 158,013 | $ | 405,626 | $ | 270,192 | $ | 617,377 | ||||||||
Accretion of discounts and premiums, net | (20,553 | ) | (32,398 | ) | (65,734 | ) | (79,135 | ) | ||||||||
Cash payments to/(from) FDIC | 1,431 | (31,765 | ) | (45,103 | ) | (223,863 | ) | |||||||||
Post-acquisition and other adjustments, net | (38,338 | ) | (11,844 | ) | (58,802 | ) | 15,240 | |||||||||
Balance at end of period | $ | 100,553 | $ | 329,619 | $ | 100,553 | $ | 329,619 | ||||||||
Estimated_Fair_Values_Tables
Estimated Fair Values (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Estimated Fair Values For Certain Financial Assets And Financial Liabilities | ' | |||||||||||||||
For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of September 30, 2013, and December 31, 2012. The carrying value and fair value for these assets and liabilities are equivalent because they are relatively short term in nature and there is no interest rate or credit risk relating to them that would cause the fair value to differ from the carrying value. | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Carrying value | Fair value | Carrying value | Fair value | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Cash and due from banks | $ | 569,118 | $ | 569,118 | $ | 639,730 | $ | 639,730 | ||||||||
Overnight investments | 1,354,131 | 1,354,131 | 443,180 | 443,180 | ||||||||||||
Investment securities available for sale | 5,161,585 | 5,161,585 | 5,226,228 | 5,226,228 | ||||||||||||
Investment securities held to maturity | 1,013 | 1,080 | 1,342 | 1,448 | ||||||||||||
Loans held for sale | 43,054 | 44,819 | 86,333 | 87,654 | ||||||||||||
Acquired loans, net of allowance for loan and lease losses | 1,128,764 | 1,106,189 | 1,669,263 | 1,635,878 | ||||||||||||
Originated loans, net of allowance for loan and lease losses | 11,706,303 | 11,480,252 | 11,397,069 | 11,238,597 | ||||||||||||
Receivable from the FDIC for loss share agreements (1) | 100,553 | 28,450 | 270,192 | 100,161 | ||||||||||||
Income earned not collected | 46,110 | 46,110 | 47,666 | 47,666 | ||||||||||||
Stock issued by: | ||||||||||||||||
Federal Home Loan Bank of Atlanta | 31,938 | 31,938 | 36,139 | 36,139 | ||||||||||||
Federal Home Loan Bank of San Francisco | 7,024 | 7,024 | 10,107 | 10,107 | ||||||||||||
Federal Home Loan Bank of Seattle | 4,290 | 4,290 | 4,410 | 4,410 | ||||||||||||
Preferred stock | 31,749 | 32,996 | 40,768 | 40,793 | ||||||||||||
Deposits | 18,063,319 | 18,089,336 | 18,086,025 | 18,126,893 | ||||||||||||
Short-term borrowings | 604,435 | 604,435 | 568,505 | 568,505 | ||||||||||||
Long-term obligations | 510,963 | 530,080 | 444,921 | 472,642 | ||||||||||||
Payable to the FDIC for loss share agreements | 107,419 | 123,321 | 101,641 | 125,065 | ||||||||||||
Accrued interest payable | 6,051 | 6,051 | 9,353 | 9,353 | ||||||||||||
Interest rate swap | 7,909 | 7,909 | 10,398 | 10,398 | ||||||||||||
(1) The fair value of the FDIC receivable excludes receivable related to accretable yield to be amortized in prospective periods. | ||||||||||||||||
Assets And Liabilities Carried At Fair Value On A Recurring Basis | ' | |||||||||||||||
For assets and liabilities carried at fair value on a recurring basis, the following table provides fair value information as of September 30, 2013, and December 31, 2012. | ||||||||||||||||
Fair value measurements using: | ||||||||||||||||
Description | Fair value | Level 1 | Level 2 | Level 3 | ||||||||||||
(dollars in thousands) | ||||||||||||||||
September 30, 2013 | ||||||||||||||||
Assets measured at fair value | ||||||||||||||||
Investment securities available for sale | ||||||||||||||||
U.S. Treasury | $ | 448,532 | $ | — | $ | 448,532 | $ | — | ||||||||
Government agency | 2,584,780 | — | 2,584,780 | — | ||||||||||||
Mortgage-backed securities | 2,106,032 | — | 2,106,032 | — | ||||||||||||
Equity securities | 21,224 | — | 21,224 | — | ||||||||||||
State, county, municipal | 187 | — | 187 | — | ||||||||||||
Other | 830 | — | 830 | — | ||||||||||||
Total | $ | 5,161,585 | $ | — | $ | 5,161,585 | $ | — | ||||||||
Liabilities measured at fair value | ||||||||||||||||
Interest rate swaps accounted for as cash flow hedges | $ | 7,909 | $ | — | $ | 7,909 | $ | — | ||||||||
December 31, 2012 | ||||||||||||||||
Assets measured at fair value | ||||||||||||||||
Investment securities available for sale | ||||||||||||||||
U.S. Treasury | $ | 823,632 | $ | — | $ | 823,632 | $ | — | ||||||||
Government agency | 3,055,204 | — | 3,055,204 | — | ||||||||||||
Mortgage-backed securities | 1,329,657 | — | 1,329,657 | — | ||||||||||||
Equity securities | 16,365 | — | 16,365 | — | ||||||||||||
State, county, municipal | 550 | — | 550 | — | ||||||||||||
Other | 820 | — | 820 | — | ||||||||||||
Total | $ | 5,226,228 | $ | — | $ | 5,226,228 | $ | — | ||||||||
Liabilities measured at fair value | ||||||||||||||||
Interest rate swaps accounted for as cash flow hedges | $ | 10,398 | $ | — | $ | 10,398 | $ | — | ||||||||
Assets And Liabilities Carried At Fair Value On A Nonrecurring Basis | ' | |||||||||||||||
For financial assets and liabilities carried at fair value on a nonrecurring basis, the following table provides fair value information as of September 30, 2013, and December 31, 2012. | ||||||||||||||||
Fair value measurements using: | ||||||||||||||||
Description | Fair value | Level 1 | Level 2 | Level 3 | ||||||||||||
(dollars in thousands) | ||||||||||||||||
September 30, 2013 | ||||||||||||||||
Loans held for sale | $ | 23,728 | $ | — | $ | 23,728 | $ | — | ||||||||
Originated impaired loans | 90,211 | — | — | 90,211 | ||||||||||||
Other real estate not covered under loss share agreements remeasured during current year | 4,596 | — | — | 4,596 | ||||||||||||
December 31, 2012 | ||||||||||||||||
Loans held for sale | 65,244 | — | 65,244 | — | ||||||||||||
Originated impaired loans | 51,644 | — | — | 51,644 | ||||||||||||
Other real estate not covered under loss share agreements remeasured during current year | 21,113 | — | — | 21,113 | ||||||||||||
Schedule of Fair Value Measurements Of Other Real Estate Opportunities | ' | |||||||||||||||
OREO is measured and reported at fair value using level 3 inputs for valuations based on unobservable criteria. The values of OREO are determined by collateral valuations. Collateral values are determined using appraisals or other third-party value estimates of the subject property with discounts generally between 10 and 14 percent applied for estimated holding and selling costs and other external factors that may impact the marketability of the property. Changes to the value of the assets between scheduled valuation dates are monitored through continued communication with brokers and monthly reviews by the asset manager assigned to each asset. The asset manager uses the information gathered from brokers and other market sources to identify any significant changes in the market or the subject property as they occur. Valuations are then adjusted or new appraisals are ordered to ensure the reported values reflect the most current information. | ||||||||||||||||
No financial liabilities were carried at fair value on a nonrecurring basis as of September 30, 2013, and December 31, 2012. |
Employee_Benefit_Plans_Tables
Employee Benefit Plans (Tables) (Defined Benefit Pension) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Defined Benefit Pension | ' | |||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ' | |||||||||||||||
Schedule of Net Benefit Costs | ' | |||||||||||||||
For the three-month and nine-month periods ended September 30, 2013, and 2012 the components of pension expense are as follows: | ||||||||||||||||
Three months ended September 30 | Nine months ended September 30 | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(dollars in thousands) | ||||||||||||||||
Service cost | $ | 3,765 | $ | 4,012 | $ | 12,248 | $ | 10,387 | ||||||||
Interest cost | 5,460 | 7,151 | 17,764 | 17,293 | ||||||||||||
Expected return on assets | (6,393 | ) | (8,576 | ) | (20,798 | ) | (20,710 | ) | ||||||||
Amortization of prior service cost | 53 | 53 | 158 | 158 | ||||||||||||
Amortization of net actuarial loss | 4,245 | 2,735 | 12,738 | 8,210 | ||||||||||||
Total pension expense | $ | 7,130 | $ | 5,375 | $ | 22,110 | $ | 15,338 | ||||||||
Derivatives_Tables
Derivatives (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Derivative [Line Items] | ' | |||||||||||||||||||||||
Schedule Of Accumulated Other Comprehensive Income (Loss) | ' | |||||||||||||||||||||||
Accumulated other comprehensive loss included the following as of September 30, 2013, and December 31, 2012: | ||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Accumulated | Deferred | Accumulated | Accumulated | Deferred | Accumulated | |||||||||||||||||||
other | tax | other | other | tax | other | |||||||||||||||||||
comprehensive | benefit | comprehensive | comprehensive | expense | comprehensive | |||||||||||||||||||
loss | loss, | income (loss) | (benefit) | income (loss), | ||||||||||||||||||||
net of tax | net of tax | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Unrealized (losses) gains on investment securities available for sale | $ | (3,189 | ) | $ | (1,365 | ) | $ | (1,824 | ) | $ | 33,809 | $ | 13,292 | $ | 20,517 | |||||||||
Funded status of defined benefit plan | (145,438 | ) | (56,575 | ) | (88,863 | ) | (158,334 | ) | (62,003 | ) | (96,331 | ) | ||||||||||||
Unrealized loss on cash flow hedge | (7,909 | ) | (3,051 | ) | (4,858 | ) | (10,398 | ) | (4,106 | ) | (6,292 | ) | ||||||||||||
Total | $ | (156,536 | ) | $ | (60,991 | ) | $ | (95,545 | ) | $ | (134,923 | ) | $ | (52,817 | ) | $ | (82,106 | ) | ||||||
The following table highlights changes in accumulated other comprehensive income by component for three and nine months ended September 30, 2013, and 2012: | ||||||||||||||||||||||||
Gains and losses on cash flow hedges1 | Unrealized gains and losses on available-for-sale securities1 | Defined benefit pension items1 | Total | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (4,959 | ) | $ | (4,117 | ) | $ | (91,100 | ) | $ | (100,176 | ) | ||||||||||||
Other comprehensive income (loss) before reclassifications | (330 | ) | 2,293 | — | 1,963 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 431 | — | 2,237 | 2,668 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 101 | 2,293 | 2,237 | 4,631 | ||||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,670 | ) | $ | 17,073 | $ | (72,810 | ) | $ | (62,407 | ) | |||||||||||||
Other comprehensive income before reclassifications | (555 | ) | 8,834 | — | 8,279 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive (loss) income | 465 | (19 | ) | 1,696 | 2,142 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (90 | ) | 8,815 | 1,696 | 10,421 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (6,292 | ) | $ | 20,517 | $ | (96,331 | ) | $ | (82,106 | ) | |||||||||||||
Other comprehensive income (loss)before reclassifications | 15 | (22,341 | ) | — | (22,326 | ) | ||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 1,419 | — | 7,468 | 8,887 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 1,434 | (22,341 | ) | 7,468 | (13,439 | ) | ||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,484 | ) | $ | 16,115 | $ | (76,205 | ) | $ | (66,574 | ) | |||||||||||||
Other comprehensive (loss) income before reclassifications | (1,664 | ) | 9,794 | — | 8,130 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income (loss) | 1,388 | (21 | ) | 5,091 | 6,458 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (276 | ) | 9,773 | 5,091 | 14,588 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
1 All amounts are net of tax. Amounts in parentheses indicate debits. | ||||||||||||||||||||||||
Interest Rate Swap | ' | |||||||||||||||||||||||
Derivative [Line Items] | ' | |||||||||||||||||||||||
Schedule Of Interest Rate Swaps | ' | |||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Notional amount | Estimated fair value of liability | Notional amount | Estimated fair value of liability | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
2011 interest rate swap hedging variable rate exposure on trust preferred securities 2011-2016 | $ | 93,500 | $ | 7,909 | $ | 93,500 | $ | 10,398 | ||||||||||||||||
Schedule Of Accumulated Other Comprehensive Income (Loss) | ' | |||||||||||||||||||||||
The following table discloses activity in accumulated other comprehensive income (loss) related to the interest rate swap during the nine-month periods ended September 30, 2013, and 2012. | ||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Accumulated other comprehensive loss resulting from interest rate swaps as of January 1 | $ | (10,398 | ) | $ | (10,714 | ) | ||||||||||||||||||
Other comprehensive income (loss) recognized during the nine-month period ended September 30 | 2,489 | (456 | ) | |||||||||||||||||||||
Accumulated other comprehensive loss resulting from interest rate swaps as of September 30 | $ | (7,909 | ) | $ | (11,170 | ) |
Accumulated_Other_Comprehensiv1
Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | |||||||||||||||||||||||
Schedule Of Accumulated Other Comprehensive Income (Loss) | ' | |||||||||||||||||||||||
Accumulated other comprehensive loss included the following as of September 30, 2013, and December 31, 2012: | ||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||
Accumulated | Deferred | Accumulated | Accumulated | Deferred | Accumulated | |||||||||||||||||||
other | tax | other | other | tax | other | |||||||||||||||||||
comprehensive | benefit | comprehensive | comprehensive | expense | comprehensive | |||||||||||||||||||
loss | loss, | income (loss) | (benefit) | income (loss), | ||||||||||||||||||||
net of tax | net of tax | |||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Unrealized (losses) gains on investment securities available for sale | $ | (3,189 | ) | $ | (1,365 | ) | $ | (1,824 | ) | $ | 33,809 | $ | 13,292 | $ | 20,517 | |||||||||
Funded status of defined benefit plan | (145,438 | ) | (56,575 | ) | (88,863 | ) | (158,334 | ) | (62,003 | ) | (96,331 | ) | ||||||||||||
Unrealized loss on cash flow hedge | (7,909 | ) | (3,051 | ) | (4,858 | ) | (10,398 | ) | (4,106 | ) | (6,292 | ) | ||||||||||||
Total | $ | (156,536 | ) | $ | (60,991 | ) | $ | (95,545 | ) | $ | (134,923 | ) | $ | (52,817 | ) | $ | (82,106 | ) | ||||||
The following table highlights changes in accumulated other comprehensive income by component for three and nine months ended September 30, 2013, and 2012: | ||||||||||||||||||||||||
Gains and losses on cash flow hedges1 | Unrealized gains and losses on available-for-sale securities1 | Defined benefit pension items1 | Total | |||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (4,959 | ) | $ | (4,117 | ) | $ | (91,100 | ) | $ | (100,176 | ) | ||||||||||||
Other comprehensive income (loss) before reclassifications | (330 | ) | 2,293 | — | 1,963 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 431 | — | 2,237 | 2,668 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 101 | 2,293 | 2,237 | 4,631 | ||||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,670 | ) | $ | 17,073 | $ | (72,810 | ) | $ | (62,407 | ) | |||||||||||||
Other comprehensive income before reclassifications | (555 | ) | 8,834 | — | 8,279 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive (loss) income | 465 | (19 | ) | 1,696 | 2,142 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (90 | ) | 8,815 | 1,696 | 10,421 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Beginning balance | $ | (6,292 | ) | $ | 20,517 | $ | (96,331 | ) | $ | (82,106 | ) | |||||||||||||
Other comprehensive income (loss)before reclassifications | 15 | (22,341 | ) | — | (22,326 | ) | ||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income | 1,419 | — | 7,468 | 8,887 | ||||||||||||||||||||
Net current period other comprehensive income (loss) | 1,434 | (22,341 | ) | 7,468 | (13,439 | ) | ||||||||||||||||||
Ending balance | $ | (4,858 | ) | $ | (1,824 | ) | $ | (88,863 | ) | $ | (95,545 | ) | ||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||
Beginning balance | $ | (6,484 | ) | $ | 16,115 | $ | (76,205 | ) | $ | (66,574 | ) | |||||||||||||
Other comprehensive (loss) income before reclassifications | (1,664 | ) | 9,794 | — | 8,130 | |||||||||||||||||||
Amounts reclassified from accumulated other comprehensive income (loss) | 1,388 | (21 | ) | 5,091 | 6,458 | |||||||||||||||||||
Net current period other comprehensive (loss) income | (276 | ) | 9,773 | 5,091 | 14,588 | |||||||||||||||||||
Ending balance | $ | (6,760 | ) | $ | 25,888 | $ | (71,114 | ) | $ | (51,986 | ) | |||||||||||||
1 All amounts are net of tax. Amounts in parentheses indicate debits. | ||||||||||||||||||||||||
Reclassification out of Accumulated Other Comprehensive Income | ' | |||||||||||||||||||||||
Details about accumulated other comprehensive loss | Amount reclassified from accumulated other comprehensive income1 | Affected line item in the statement where net income is presented | ||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (831 | ) | Long-term obligations | ||||||||||||||||||||
400 | Income taxes | |||||||||||||||||||||||
$ | (431 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | — | Securities gains (losses) | ||||||||||||||||||||||
— | Income taxes | |||||||||||||||||||||||
$ | — | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (53 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (4,245 | ) | Employee benefits | |||||||||||||||||||||
(4,298 | ) | Income before income taxes | ||||||||||||||||||||||
2,061 | Income taxes | |||||||||||||||||||||||
$ | (2,237 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (2,668 | ) | |||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (769 | ) | Long-term obligations | ||||||||||||||||||||
304 | Income taxes | |||||||||||||||||||||||
$ | (465 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | 31 | Securities gains (losses) | ||||||||||||||||||||||
(12 | ) | Income taxes | ||||||||||||||||||||||
$ | 19 | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (53 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (2,735 | ) | Employee benefits | |||||||||||||||||||||
(2,788 | ) | Income before income taxes | ||||||||||||||||||||||
1,092 | Income taxes | |||||||||||||||||||||||
$ | (1,696 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (2,142 | ) | |||||||||||||||||||||
1 Amounts in parentheses indicate debits to profit/loss. | ||||||||||||||||||||||||
Details about accumulated other comprehensive loss | Amount reclassified from accumulated other comprehensive loss1 | Affected line item in the statement where net income is presented | ||||||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (2,463 | ) | Long-term obligations | ||||||||||||||||||||
1,044 | Income taxes | |||||||||||||||||||||||
$ | (1,419 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | — | Securities gains (losses) | ||||||||||||||||||||||
— | Income taxes | |||||||||||||||||||||||
$ | — | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (158 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (12,738 | ) | Employee benefits | |||||||||||||||||||||
(12,896 | ) | Income before income taxes | ||||||||||||||||||||||
5,428 | Income taxes | |||||||||||||||||||||||
$ | (7,468 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (8,887 | ) | |||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||
Gains and losses on cash flow hedges | ||||||||||||||||||||||||
Interest rate swap contracts | $ | (2,294 | ) | Long-term obligations | ||||||||||||||||||||
906 | Income taxes | |||||||||||||||||||||||
$ | (1,388 | ) | Net income | |||||||||||||||||||||
Unrealized gains and losses on available for sale securities | ||||||||||||||||||||||||
$ | 34 | Securities gains (losses) | ||||||||||||||||||||||
(13 | ) | Income taxes | ||||||||||||||||||||||
$ | 21 | Net income | ||||||||||||||||||||||
Amortization of defined benefit pension items | ||||||||||||||||||||||||
Prior service costs | $ | (158 | ) | Employee benefits | ||||||||||||||||||||
Actuarial gains | (8,210 | ) | Employee benefits | |||||||||||||||||||||
(8,368 | ) | Income before income taxes | ||||||||||||||||||||||
3,277 | Income taxes | |||||||||||||||||||||||
$ | (5,091 | ) | Net income | |||||||||||||||||||||
Total reclassifications for the period | $ | (6,458 | ) | |||||||||||||||||||||
1 Amounts in parentheses indicate debits to profit/loss. |
Accounting_Policies_and_Basis_1
Accounting Policies and Basis of Presentation Summary of Significant Accounting Policies (Details) (USD $) | Sep. 30, 2013 | Aug. 23, 2013 |
In Thousands, unless otherwise specified | ||
Accounting Policies [Abstract] | ' | ' |
Business Combination Expected Cash Consideration | ' | $10,000 |
Business Combination Expected Exit of TARP | ' | 8,000 |
Business Combination Expected Payment to Common Shareholders | ' | 2,000 |
Impaired Loans and Leases, Baseline for Meaurement | $500 | ' |
Investments_Aggregate_Values_a
Investments (Aggregate Values and Unrealized Gains and Losses) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Investment securities available for sale | ' | ' | ||
Cost | $5,164,774 | $5,192,419 | ||
Gross Unrealized Gains | 28,826 | 34,517 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 32,015 | 708 | ||
Fair Value | 5,161,585 | [1] | 5,226,228 | [2] |
Investment securities held to maturity | ' | ' | ||
Cost | 1,013 | [1] | 1,342 | [2] |
U. S. Treasury | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 448,201 | 823,241 | ||
Gross Unrealized Gains | 372 | 403 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 41 | 12 | ||
Fair Value | 448,532 | 823,632 | ||
Government Agency | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 2,583,888 | 3,052,040 | ||
Gross Unrealized Gains | 2,320 | 3,501 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 1,428 | 337 | ||
Fair Value | 2,584,780 | 3,055,204 | ||
Mortgage Backed Securities, Other [Member] | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 2,131,099 | 1,315,211 | ||
Gross Unrealized Gains | 5,452 | 14,787 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 30,519 | 341 | ||
Fair Value | 2,106,032 | 1,329,657 | ||
Investment securities held to maturity | ' | ' | ||
Cost | 1,013 | 1,342 | ||
Held To Maturity Securities Accumulated Unrecognized Holding Gain | 67 | 133 | ||
Held To Maturity Securities Accumulated Unrecognized Holding Loss | 0 | 27 | ||
Fair Value | 1,080 | 1,448 | ||
Equity Securities | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 543 | 543 | ||
Gross Unrealized Gains | 20,681 | 15,822 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 0 | 0 | ||
Fair Value | 21,224 | 16,365 | ||
State, County and Municipal | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 186 | 546 | ||
Gross Unrealized Gains | 1 | 4 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 0 | 0 | ||
Fair Value | 187 | 550 | ||
Other Debt Obligations | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Cost | 857 | 838 | ||
Gross Unrealized Gains | 0 | 0 | ||
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 27 | 18 | ||
Fair Value | $830 | $820 | ||
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Investments_Maturity_Informati
Investments (Maturity Information) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Investment securities available for sale | ' | ' | ||
Total investment securities available for sale, cost | $5,164,774 | $5,192,419 | ||
Total investment securities available for sale, fair value | 5,161,585 | [1] | 5,226,228 | [2] |
Investment securities held to maturity | ' | ' | ||
Investment securities held to maturity | 1,013 | [1] | 1,342 | [2] |
Debt Securities | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Maturing in one year or less, cost | 864,992 | 2,285,159 | ||
Maturing in one through five years, cost | 2,168,080 | 1,590,608 | ||
Maturing in five through ten years, cost | 60 | 898 | ||
Maturing in over ten years, cost | 0 | 0 | ||
Maturing in one year or less, fair value | 865,925 | 2,286,403 | ||
Maturing in one through five years, fair value | 2,168,344 | 1,592,923 | ||
Maturing in five through ten years, fair value | 60 | 880 | ||
Maturing in over ten years, fair value | 0 | 0 | ||
Equity Securities | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Total investment securities available for sale, cost | 543 | 543 | ||
Total investment securities available for sale, fair value | 21,224 | 16,365 | ||
Mortgage Backed Securities, Other [Member] | ' | ' | ||
Investment securities available for sale | ' | ' | ||
Total investment securities available for sale, cost | 2,131,099 | 1,315,211 | ||
Total investment securities available for sale, fair value | 2,106,032 | 1,329,657 | ||
Investment securities held to maturity | ' | ' | ||
Investment securities held to maturity | 1,013 | 1,342 | ||
Fair Value | $1,080 | $1,448 | ||
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Investments_Securities_Gains_L
Investments (Securities Gains (Losses)) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Investments [Abstract] | ' | ' | ' | ' |
Gross gains on sales of investment securities available for sale | $0 | $31 | $0 | $36 |
Gross losses on sales of investment securities available for sale | 0 | 0 | 0 | -2 |
Other than temporary impairment loss on equity securities | 0 | 0 | 0 | -45 |
Total securities gains (losses) | $0 | $31 | $0 | ($11) |
Investments_Unrealized_Losses_
Investments (Unrealized Losses) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Investment securities available for sale: | ' | ' |
Less than 12 months, fair value | $2,826,678 | $664,243 |
Available for Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments | 31,208 | 581 |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 32,015 | 708 |
12 months or more, fair value | 27,949 | 9,433 |
Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Acumulated In Investments | 807 | 127 |
Total fair value | 2,854,627 | 673,676 |
U. S. Treasury | ' | ' |
Investment securities available for sale: | ' | ' |
Less than 12 months, fair value | 51,836 | 120,045 |
Available for Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments | 41 | 12 |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 41 | 12 |
12 months or more, fair value | 0 | 0 |
Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Acumulated In Investments | 0 | 0 |
Total fair value | 51,836 | 120,045 |
Government Agency | ' | ' |
Investment securities available for sale: | ' | ' |
Less than 12 months, fair value | 953,103 | 407,498 |
Available for Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments | 1,428 | 337 |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 1,428 | 337 |
12 months or more, fair value | 0 | 0 |
Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Acumulated In Investments | 0 | 0 |
Total fair value | 953,103 | 407,498 |
Mortgage Backed Securities, Other [Member] | ' | ' |
Investment securities available for sale: | ' | ' |
Less than 12 months, fair value | 1,820,909 | 135,880 |
Available for Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments | 29,712 | 214 |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 30,519 | 341 |
12 months or more, fair value | 27,949 | 9,433 |
Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Acumulated In Investments | 807 | 127 |
Total fair value | 1,848,858 | 145,313 |
Investment securities held to maturity: | ' | ' |
Less than 12 months, fair value | 0 | 0 |
Held-to-maturity Securities Continuous Unrealized Loss Position Less Than 12 Months Accumulated Loss | 0 | 0 |
12 months or more, fair value | 0 | 17 |
Held-to-maturity Securities Continuous Unrealized Loss Position 12 Months Or Longer Accumulated Loss | 0 | 27 |
Total fair value | 0 | 17 |
Held To Maturity Securities Accumulated Unrecognized Holding Loss | 0 | 27 |
Other Debt Obligations | ' | ' |
Investment securities available for sale: | ' | ' |
Less than 12 months, fair value | 830 | 820 |
Available for Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments | 27 | 18 |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | 27 | 18 |
12 months or more, fair value | 0 | 0 |
Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Acumulated In Investments | 0 | 0 |
Total fair value | 830 | 820 |
State, County and Municipal | ' | ' |
Investment securities available for sale: | ' | ' |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments | $0 | $0 |
Investments_Narrative_Details
Investments (Narrative) (Details) (USD $) | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
investments | |||
Investments [Abstract] | ' | ' | ' |
Investment securities, aggregate fair value, continuous unrealized losses of more than 12 months | $27,949,000 | ' | ' |
Investment securities, aggregate unrealized loss, continuous unrealized losses of more than 12 months | 807,000 | ' | ' |
Number of investments in continuous unrealized loss position for more than twelve months | 17 | ' | ' |
Unrealized losses related to marketability of securities or issuers ability to honor redemption obligations | 0 | 0 | 0 |
Investment value deemed to be OTTI | 0 | ' | ' |
Investment securities, aggregate carrying value, pledged as collateral | $2,547,581,000 | ' | $2,351,072,000 |
Loans_and_Leases_Narrative_Det
Loans and Leases (Narrative) (Details) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Noncovered loans pledged to secure debt obligations | $2,534,250 | $2,570,773 |
Charge off of past due business credit card loans (days) | '120 days | ' |
Ungraded | Business Credit Card Loans | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans to finance buyout, outstanding balance | 73,701 | ' |
Ungraded | Tobacco Buyout Loans | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans to finance buyout, outstanding balance | $21,808 | ' |
Loans_and_Leases_Loans_and_Lea
Loans and Leases (Loans and Leases Outstanding) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Acquired | $1,188,281 | [1] | $1,809,235 | [2] |
Originated | 11,884,585 | [2] | 11,576,115 | [2] |
Total loans and leases | 13,072,866 | 13,385,350 | ||
Impaired At Acquisition Date | ' | ' | ||
Acquired | 159,332 | 290,626 | ||
Commercial | ' | ' | ||
Acquired | 914,871 | 1,450,035 | ||
Originated | 8,342,100 | 7,994,495 | ||
Commercial | Construction and land development | ' | ' | ||
Acquired | 93,963 | 237,906 | ||
Originated | 300,266 | 309,190 | ||
Commercial | Mortgage | ' | ' | ||
Acquired | 744,349 | 1,054,473 | ||
Originated | 6,308,192 | 6,029,435 | ||
Commercial | Commercial and industrial | ' | ' | ||
Acquired | 24,448 | 49,463 | ||
Originated | 1,009,641 | 1,038,530 | ||
Commercial | Lease financing | ' | ' | ||
Originated | 365,967 | 330,679 | ||
Commercial | Other commercial real estate | ' | ' | ||
Acquired | 51,108 | 107,119 | ||
Originated | 177,599 | 160,980 | ||
Commercial | Other | ' | ' | ||
Acquired | 1,003 | 1,074 | ||
Originated | 180,435 | 125,681 | ||
Commercial | Impaired At Acquisition Date | ' | ' | ||
Acquired | 113,382 | 217,807 | ||
Commercial | Impaired At Acquisition Date | Construction and land development | ' | ' | ||
Acquired | 23,136 | 71,225 | ||
Commercial | Impaired At Acquisition Date | Mortgage | ' | ' | ||
Acquired | 81,389 | 107,281 | ||
Commercial | Impaired At Acquisition Date | Commercial and industrial | ' | ' | ||
Acquired | 144 | 3,932 | ||
Commercial | Impaired At Acquisition Date | Other commercial real estate | ' | ' | ||
Acquired | 8,713 | 35,369 | ||
Commercial | Impaired At Acquisition Date | Other | ' | ' | ||
Acquired | 0 | 0 | ||
Noncommerical | ' | ' | ||
Acquired | 273,410 | 359,200 | ||
Originated | 3,542,485 | 3,581,620 | ||
Noncommerical | Mortgage | ' | ' | ||
Acquired | 232,310 | 297,926 | ||
Originated | 927,426 | 822,889 | ||
Noncommerical | Construction and land development | ' | ' | ||
Acquired | 5,337 | 20,793 | ||
Originated | 121,553 | 131,992 | ||
Noncommerical | Revolving mortgage | ' | ' | ||
Acquired | 34,834 | 38,710 | ||
Originated | 2,113,240 | 2,210,133 | ||
Noncommerical | Consumer | ' | ' | ||
Acquired | 929 | 1,771 | ||
Originated | 380,266 | 416,606 | ||
Noncommerical | Impaired At Acquisition Date | ' | ' | ||
Acquired | 45,950 | 72,819 | ||
Noncommerical | Impaired At Acquisition Date | Mortgage | ' | ' | ||
Acquired | 32,389 | 48,077 | ||
Noncommerical | Impaired At Acquisition Date | Construction and land development | ' | ' | ||
Acquired | 5,145 | 15,136 | ||
Noncommerical | Impaired At Acquisition Date | Revolving mortgage | ' | ' | ||
Acquired | 8,416 | 9,606 | ||
Noncommerical | Impaired At Acquisition Date | Consumer | ' | ' | ||
Acquired | $0 | $0 | ||
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Loans_and_Leases_Loans_Acquire
Loans and Leases (Loans Acquired By Loan Class) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | $1,188,281 | [1] | $1,809,235 | [2] |
Commercial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 914,871 | 1,450,035 | ||
Commercial | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 93,963 | 237,906 | ||
Commercial | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 744,349 | 1,054,473 | ||
Commercial | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 51,108 | 107,119 | ||
Commercial | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 24,448 | 49,463 | ||
Commercial | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,003 | 1,074 | ||
Noncommerical | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 273,410 | 359,200 | ||
Noncommerical | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 232,310 | 297,926 | ||
Noncommerical | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 34,834 | 38,710 | ||
Noncommerical | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 5,337 | 20,793 | ||
Noncommerical | Consumer | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 929 | 1,771 | ||
Impaired At Acquisition Date | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 159,332 | 290,626 | ||
Impaired At Acquisition Date | Commercial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 113,382 | 217,807 | ||
Impaired At Acquisition Date | Commercial | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 23,136 | 71,225 | ||
Impaired At Acquisition Date | Commercial | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 81,389 | 107,281 | ||
Impaired At Acquisition Date | Commercial | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 8,713 | 35,369 | ||
Impaired At Acquisition Date | Commercial | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 144 | 3,932 | ||
Impaired At Acquisition Date | Commercial | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
Impaired At Acquisition Date | Noncommerical | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 45,950 | 72,819 | ||
Impaired At Acquisition Date | Noncommerical | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 32,389 | 48,077 | ||
Impaired At Acquisition Date | Noncommerical | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 8,416 | 9,606 | ||
Impaired At Acquisition Date | Noncommerical | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 5,145 | 15,136 | ||
Impaired At Acquisition Date | Noncommerical | Consumer | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
All Other Acquired Loans | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,028,949 | 1,518,609 | ||
All Other Acquired Loans | Commercial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 801,489 | 1,232,228 | ||
All Other Acquired Loans | Commercial | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 70,827 | 166,681 | ||
All Other Acquired Loans | Commercial | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 662,960 | 947,192 | ||
All Other Acquired Loans | Commercial | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 42,395 | 71,750 | ||
All Other Acquired Loans | Commercial | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 24,304 | 45,531 | ||
All Other Acquired Loans | Commercial | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,003 | 1,074 | ||
All Other Acquired Loans | Noncommerical | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 227,460 | 286,381 | ||
All Other Acquired Loans | Noncommerical | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 199,921 | 249,849 | ||
All Other Acquired Loans | Noncommerical | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 26,418 | 29,104 | ||
All Other Acquired Loans | Noncommerical | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 192 | 5,657 | ||
All Other Acquired Loans | Noncommerical | Consumer | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | $929 | $1,771 | ||
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Loans_and_Leases_Composition_o
Loans and Leases (Composition of the Loans and Leases Outstanding By Credit Quality Indicator) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | $1,188,281 | [1] | $1,809,235 | [2] |
Originated | 11,884,585 | [2] | 11,576,115 | [2] |
Pass | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 515,375 | 650,661 | ||
Special Mention | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 222,170 | 331,614 | ||
Substandard | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 356,937 | 616,692 | ||
Doubtful | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 72,697 | 182,568 | ||
Ungraded | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 21,102 | 27,700 | ||
Commercial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 914,871 | 1,450,035 | ||
Originated | 8,342,100 | 7,994,495 | ||
Commercial | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 93,963 | 237,906 | ||
Originated | 300,266 | 309,190 | ||
Commercial | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 744,349 | 1,054,473 | ||
Originated | 6,308,192 | 6,029,435 | ||
Commercial | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 51,108 | 107,119 | ||
Originated | 177,599 | 160,980 | ||
Commercial | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 24,448 | 49,463 | ||
Originated | 1,009,641 | 1,038,530 | ||
Commercial | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 365,967 | 330,679 | ||
Commercial | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,003 | 1,074 | ||
Originated | 180,435 | 125,681 | ||
Commercial | Pass | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 7,900,642 | 7,459,277 | ||
Commercial | Pass | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 3,373 | 17,010 | ||
Originated | 285,044 | 274,480 | ||
Commercial | Pass | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 308,809 | 376,974 | ||
Originated | 6,019,286 | 5,688,541 | ||
Commercial | Pass | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 22,007 | 33,570 | ||
Originated | 172,341 | 151,549 | ||
Commercial | Pass | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 7,553 | 19,451 | ||
Originated | 885,691 | 894,998 | ||
Commercial | Pass | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 359,195 | 325,626 | ||
Commercial | Pass | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 179,085 | 124,083 | ||
Commercial | Special Mention | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 159,855 | 200,073 | ||
Commercial | Special Mention | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 18,395 | 25,734 | ||
Originated | 12,060 | 14,666 | ||
Commercial | Special Mention | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 176,338 | 259,264 | ||
Originated | 125,280 | 166,882 | ||
Commercial | Special Mention | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 6,602 | 17,518 | ||
Originated | 1,241 | 2,812 | ||
Commercial | Special Mention | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 9,268 | 12,465 | ||
Originated | 17,260 | 13,275 | ||
Commercial | Special Mention | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 2,664 | 1,601 | ||
Commercial | Special Mention | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 1,350 | 837 | ||
Commercial | Substandard | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 172,352 | 196,257 | ||
Commercial | Substandard | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 62,472 | 105,061 | ||
Originated | 3,109 | 18,761 | ||
Commercial | Substandard | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 209,383 | 344,542 | ||
Originated | 155,593 | 157,966 | ||
Commercial | Substandard | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 13,786 | 44,335 | ||
Originated | 3,709 | 5,038 | ||
Commercial | Substandard | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 5,908 | 14,698 | ||
Originated | 6,606 | 12,073 | ||
Commercial | Substandard | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 3,335 | 1,663 | ||
Commercial | Substandard | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 0 | 756 | ||
Commercial | Doubtful | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 9,032 | 16,336 | ||
Commercial | Doubtful | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 8,013 | 87,445 | ||
Originated | 53 | 952 | ||
Commercial | Doubtful | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 49,165 | 73,016 | ||
Originated | 6,703 | 13,475 | ||
Commercial | Doubtful | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 8,713 | 11,696 | ||
Originated | 75 | 98 | ||
Commercial | Doubtful | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,502 | 2,757 | ||
Originated | 1,428 | 1,040 | ||
Commercial | Doubtful | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 773 | 771 | ||
Commercial | Doubtful | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 0 | 0 | ||
Commercial | Ungraded | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 100,219 | 122,552 | ||
Commercial | Ungraded | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,710 | 2,656 | ||
Originated | 0 | 331 | ||
Commercial | Ungraded | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 654 | 677 | ||
Originated | 1,330 | 2,571 | ||
Commercial | Ungraded | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
Originated | 233 | 1,483 | ||
Commercial | Ungraded | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 217 | 92 | ||
Originated | 98,656 | 117,144 | ||
Commercial | Ungraded | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 0 | 1,018 | ||
Commercial | Ungraded | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Originated | 0 | 5 | ||
Noncommerical | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 273,410 | 359,200 | ||
Originated | 3,542,485 | 3,581,620 | ||
Noncommerical | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 232,310 | 297,926 | ||
Originated | 927,426 | 822,889 | ||
Noncommerical | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 34,834 | 38,710 | ||
Originated | 2,113,240 | 2,210,133 | ||
Noncommerical | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 5,337 | 20,793 | ||
Originated | 121,553 | 131,992 | ||
Noncommerical | Consumer | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 929 | 1,771 | ||
Originated | 380,266 | 416,606 | ||
Noncommerical | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,932 | 2,845 | ||
Noncommerical | Pass | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 145,735 | 172,165 | ||
Noncommerical | Pass | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 26,291 | 29,540 | ||
Noncommerical | Pass | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 139 | 334 | ||
Noncommerical | Pass | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 1,468 | 1,617 | ||
Noncommerical | Special Mention | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 8,676 | 14,863 | ||
Noncommerical | Special Mention | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 2,865 | 1,736 | ||
Noncommerical | Special Mention | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
Noncommerical | Special Mention | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 26 | 34 | ||
Noncommerical | Substandard | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 57,156 | 83,193 | ||
Noncommerical | Substandard | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 3,329 | 7,434 | ||
Noncommerical | Substandard | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 4,903 | 17,190 | ||
Noncommerical | Substandard | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 239 | ||
Noncommerical | Doubtful | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 2,660 | 4,268 | ||
Noncommerical | Doubtful | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 2,349 | 0 | ||
Noncommerical | Doubtful | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 295 | 3,269 | ||
Noncommerical | Doubtful | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 117 | ||
Noncommerical | Ungraded | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 18,083 | 23,437 | ||
Noncommerical | Ungraded | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
Noncommerical | Ungraded | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 0 | 0 | ||
Noncommerical | Ungraded | Consumer and Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Acquired | 438 | 838 | ||
Originated Loans | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 11,779,490 | 11,441,555 | ||
Originated | 11,884,585 | 11,576,115 | ||
30-59 Days Past Due | 48,895 | 64,528 | ||
60-89 Days Past Due | 17,735 | 19,620 | ||
90 Days or Greater | 38,465 | 50,412 | ||
Originated Loans | Commercial | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 297,900 | 300,385 | ||
Originated | 300,266 | 309,190 | ||
30-59 Days Past Due | 1,755 | 927 | ||
60-89 Days Past Due | 49 | 0 | ||
90 Days or Greater | 562 | 7,878 | ||
Originated Loans | Commercial | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 6,263,304 | 5,979,482 | ||
Originated | 6,308,192 | 6,029,435 | ||
30-59 Days Past Due | 15,917 | 24,447 | ||
60-89 Days Past Due | 10,522 | 4,179 | ||
90 Days or Greater | 18,449 | 21,327 | ||
Originated Loans | Commercial | Other commercial real estate | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 175,927 | 158,319 | ||
Originated | 177,599 | 160,980 | ||
30-59 Days Past Due | 103 | 387 | ||
60-89 Days Past Due | 400 | 1,240 | ||
90 Days or Greater | 1,169 | 1,034 | ||
Originated Loans | Commercial | Commercial and industrial | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 1,004,537 | 1,033,996 | ||
Originated | 1,009,641 | 1,038,530 | ||
30-59 Days Past Due | 2,633 | 2,833 | ||
60-89 Days Past Due | 796 | 1,096 | ||
90 Days or Greater | 1,675 | 605 | ||
Originated Loans | Commercial | Lease financing | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 363,472 | 328,929 | ||
Originated | 365,967 | 330,679 | ||
30-59 Days Past Due | 2,317 | 991 | ||
60-89 Days Past Due | 0 | 138 | ||
90 Days or Greater | 178 | 621 | ||
Originated Loans | Commercial | Other | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 180,435 | 125,650 | ||
Originated | 180,435 | 125,681 | ||
30-59 Days Past Due | 0 | 18 | ||
60-89 Days Past Due | 0 | 13 | ||
90 Days or Greater | 0 | 0 | ||
Originated Loans | Noncommerical | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 3,493,915 | 3,514,794 | ||
Originated | 3,542,485 | 3,581,620 | ||
30-59 Days Past Due | 26,170 | 34,925 | ||
60-89 Days Past Due | 5,968 | 12,954 | ||
90 Days or Greater | 16,432 | 18,947 | ||
Originated Loans | Noncommerical | Mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 900,625 | 786,626 | ||
Originated | 927,426 | 822,889 | ||
30-59 Days Past Due | 11,840 | 15,711 | ||
60-89 Days Past Due | 3,312 | 7,559 | ||
90 Days or Greater | 11,649 | 12,993 | ||
Originated Loans | Noncommerical | Revolving mortgage | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 2,097,658 | 2,190,186 | ||
Originated | 2,113,240 | 2,210,133 | ||
30-59 Days Past Due | 9,921 | 12,868 | ||
60-89 Days Past Due | 1,556 | 3,200 | ||
90 Days or Greater | 4,105 | 3,879 | ||
Originated Loans | Noncommerical | Construction and land development | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 119,395 | 128,764 | ||
Originated | 121,553 | 131,992 | ||
30-59 Days Past Due | 1,907 | 1,941 | ||
60-89 Days Past Due | 85 | 490 | ||
90 Days or Greater | 166 | 797 | ||
Originated Loans | Noncommerical | Consumer | ' | ' | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ||
Current | 376,237 | 409,218 | ||
Originated | 380,266 | 416,606 | ||
30-59 Days Past Due | 2,502 | 4,405 | ||
60-89 Days Past Due | 1,015 | 1,705 | ||
90 Days or Greater | $512 | $1,278 | ||
[1] | Unaudited | |||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Loans_and_Leases_Aging_Of_The_
Loans and Leases (Aging Of The Outstanding Loans and Leases By Class Excluding Loans Impaired At Acquisition Date) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | $11,884,585 | [1] | $11,576,115 | [1] |
Commercial | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 8,342,100 | 7,994,495 | ||
Commercial | Construction and land development | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 300,266 | 309,190 | ||
Commercial | Mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 6,308,192 | 6,029,435 | ||
Commercial | Other commercial real estate | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 177,599 | 160,980 | ||
Commercial | Commercial and industrial | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 1,009,641 | 1,038,530 | ||
Commercial | Lease financing | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 365,967 | 330,679 | ||
Commercial | Other | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 180,435 | 125,681 | ||
Noncommerical | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 3,542,485 | 3,581,620 | ||
Noncommerical | Mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 927,426 | 822,889 | ||
Noncommerical | Revolving mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 2,113,240 | 2,210,133 | ||
Noncommerical | Construction and land development | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 121,553 | 131,992 | ||
Noncommerical | Consumer | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Loans and Leases | 380,266 | 416,606 | ||
Originated Loans | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 48,895 | 64,528 | ||
60-89 Days Past Due | 17,735 | 19,620 | ||
90 Days or Greater | 38,465 | 50,412 | ||
Total | 105,095 | 134,560 | ||
Current | 11,779,490 | 11,441,555 | ||
Total Loans and Leases | 11,884,585 | 11,576,115 | ||
Originated Loans | Commercial | Construction and land development | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 1,755 | 927 | ||
60-89 Days Past Due | 49 | 0 | ||
90 Days or Greater | 562 | 7,878 | ||
Total | 2,366 | 8,805 | ||
Current | 297,900 | 300,385 | ||
Total Loans and Leases | 300,266 | 309,190 | ||
Originated Loans | Commercial | Mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 15,917 | 24,447 | ||
60-89 Days Past Due | 10,522 | 4,179 | ||
90 Days or Greater | 18,449 | 21,327 | ||
Total | 44,888 | 49,953 | ||
Current | 6,263,304 | 5,979,482 | ||
Total Loans and Leases | 6,308,192 | 6,029,435 | ||
Originated Loans | Commercial | Other commercial real estate | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 103 | 387 | ||
60-89 Days Past Due | 400 | 1,240 | ||
90 Days or Greater | 1,169 | 1,034 | ||
Total | 1,672 | 2,661 | ||
Current | 175,927 | 158,319 | ||
Total Loans and Leases | 177,599 | 160,980 | ||
Originated Loans | Commercial | Commercial and industrial | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 2,633 | 2,833 | ||
60-89 Days Past Due | 796 | 1,096 | ||
90 Days or Greater | 1,675 | 605 | ||
Total | 5,104 | 4,534 | ||
Current | 1,004,537 | 1,033,996 | ||
Total Loans and Leases | 1,009,641 | 1,038,530 | ||
Originated Loans | Commercial | Lease financing | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 2,317 | 991 | ||
60-89 Days Past Due | 0 | 138 | ||
90 Days or Greater | 178 | 621 | ||
Total | 2,495 | 1,750 | ||
Current | 363,472 | 328,929 | ||
Total Loans and Leases | 365,967 | 330,679 | ||
Originated Loans | Commercial | Other | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 0 | 18 | ||
60-89 Days Past Due | 0 | 13 | ||
90 Days or Greater | 0 | 0 | ||
Total | 0 | 31 | ||
Current | 180,435 | 125,650 | ||
Total Loans and Leases | 180,435 | 125,681 | ||
Originated Loans | Noncommerical | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 26,170 | 34,925 | ||
60-89 Days Past Due | 5,968 | 12,954 | ||
90 Days or Greater | 16,432 | 18,947 | ||
Current | 3,493,915 | 3,514,794 | ||
Total Loans and Leases | 3,542,485 | 3,581,620 | ||
Originated Loans | Noncommerical | Mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 11,840 | 15,711 | ||
60-89 Days Past Due | 3,312 | 7,559 | ||
90 Days or Greater | 11,649 | 12,993 | ||
Total | 26,801 | 36,263 | ||
Current | 900,625 | 786,626 | ||
Total Loans and Leases | 927,426 | 822,889 | ||
Originated Loans | Noncommerical | Revolving mortgage | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 9,921 | 12,868 | ||
60-89 Days Past Due | 1,556 | 3,200 | ||
90 Days or Greater | 4,105 | 3,879 | ||
Total | 15,582 | 19,947 | ||
Current | 2,097,658 | 2,190,186 | ||
Total Loans and Leases | 2,113,240 | 2,210,133 | ||
Originated Loans | Noncommerical | Construction and land development | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 1,907 | 1,941 | ||
60-89 Days Past Due | 85 | 490 | ||
90 Days or Greater | 166 | 797 | ||
Total | 2,158 | 3,228 | ||
Current | 119,395 | 128,764 | ||
Total Loans and Leases | 121,553 | 131,992 | ||
Originated Loans | Noncommerical | Consumer | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
30-59 Days Past Due | 2,502 | 4,405 | ||
60-89 Days Past Due | 1,015 | 1,705 | ||
90 Days or Greater | 512 | 1,278 | ||
Total | 4,029 | 7,388 | ||
Current | 376,237 | 409,218 | ||
Total Loans and Leases | $380,266 | $416,606 | ||
[1] | Derived from 2012 Annual Report on Form 10-K. |
Loans_and_Leases_Recorded_Inve
Loans and Leases (Recorded Investment, By Class, In Loans And Leases On Nonaccrual Status And Loans And Leases Greater Than 90 Days Past Due And Still Accruing) (Details) (USD $) | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | Originated Loans | ||
Construction and land development | Construction and land development | Mortgage | Mortgage | Other commercial real estate | Other commercial real estate | Commercial and industrial | Commercial and industrial | Lease financing | Lease financing | Mortgage | Mortgage | Construction and land development | Construction and land development | Revolving mortgage | Revolving mortgage | Consumer and Other | Consumer and Other | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Commercial | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | Noncommerical | |||||||||
Construction and land development | Construction and land development | Mortgage | Mortgage | Other commercial real estate | Other commercial real estate | Commercial and industrial | Commercial and industrial | Lease financing | Lease financing | Mortgage | Mortgage | Construction and land development | Construction and land development | Revolving mortgage | Revolving mortgage | Consumer | Consumer | |||||||||||||||||||||||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Nonaccruing | $35,857 | $79,782 | $31,398 | $73,954 | $2,505 | $26,920 | $26,669 | $37,603 | $1,330 | $2,194 | $894 | $7,237 | $0 | $0 | $4,459 | $5,828 | $3,996 | $5,828 | $463 | $0 | $0 | $0 | $0 | $0 | $66,840 | $89,845 | $493 | $14,930 | $44,818 | $50,532 | $1,937 | $2,319 | $2,978 | $6,972 | $1,000 | $1,075 | $15,119 | $12,603 | $463 | $668 | $0 | $0 | $32 | $746 |
Loans and leases greater than 90 days and accruing | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $9,363 | $11,272 | $164 | $541 | $601 | $1,671 | $800 | $0 | $238 | $466 | $69 | $0 | $2,708 | $3,337 | $166 | $111 | $4,105 | $3,877 | $512 | $1,269 |
Loans_and_Leases_Changes_In_Ca
Loans and Leases (Changes In Carrying Value Of Acquired Impaired Loans) (Details) (USD $) | 9 Months Ended | |||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
Impaired At Acquisition Date | Impaired At Acquisition Date | All Other Acquired Loans | All Other Acquired Loans | Loans on the Cost Recovery Method | Loans on the Cost Recovery Method | |
Carrying Value of Acquired Impaired Loans [Roll Forward] | ' | ' | ' | ' | ' | ' |
Beginning balance | $290,626 | $458,305 | $1,518,609 | $1,903,847 | $29,194 | $74,479 |
Reductions for repayments, foreclosures and changes in carrying value, net of accretion | -131,294 | -167,581 | -489,660 | -297,474 | ' | ' |
Ending balance | 159,332 | 290,724 | 1,028,949 | 1,606,373 | 29,194 | 74,479 |
Outstanding principal balance | $670,256 | $1,077,975 | $1,412,617 | $2,253,660 | ' | ' |
Loans_and_Leases_Changes_In_Ca1
Loans and Leases (Changes In Carrying Amount Of Accretable Yield) (Details) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Changes in Amount of Accretable Yield [Roll Forward] | ' | ' |
Beginning balance | $539,564 | $276,690 |
Accretion | -179,792 | -193,438 |
Other, net | 107,300 | 498,874 |
Ending balance | $467,072 | $582,126 |
Allowance_for_Loan_and_Lease_L2
Allowance for Loan and Lease Losses (Summary of Activity In Allowance for Loan and Lease Losses) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | $7,368 | $0 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Net loans and leases | 12,835,067 | [1] | ' | 12,835,067 | [1] | ' | 13,066,332 | [2] |
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 237,799 | [1] | ' | 237,799 | [1] | ' | 319,018 | [2] |
Noncommerical | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | 7,368 | [3] | ' | ' | ||
Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | -15,772 | [3] | ' | ' | ||
Originated Loans | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 181,782 | 185,132 | 179,046 | 180,883 | ' | |||
Reclassification | 0 | [3] | ' | 7,368 | [3] | ' | ' | |
Charge-offs | -10,226 | -7,680 | -24,787 | -39,105 | ' | |||
Recoveries | 1,794 | 1,198 | 5,476 | 4,769 | ' | |||
Provisions | 4,932 | 7,397 | 11,179 | 39,500 | ' | |||
Ending balance | 178,282 | 186,047 | 178,282 | 186,047 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 14,216 | ' | 14,216 | ' | 18,355 | |||
ALLL for loans and leases collectively evaluated for impairment | 164,066 | ' | 164,066 | ' | 144,841 | |||
Non-specific ALLL | ' | ' | ' | ' | 15,850 | |||
Total allowance for loan and lease losses | 178,282 | 186,047 | 178,282 | 186,047 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 155,916 | ' | 155,916 | ' | 202,253 | |||
Loans and leases collectively evaluated for impairment | 11,728,669 | ' | 11,728,669 | ' | 11,373,862 | |||
Net loans and leases | 11,884,585 | ' | 11,884,585 | ' | 11,576,115 | |||
Originated Loans | Commercial | Construction and land development | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 11,732 | 5,056 | 6,031 | 5,467 | ' | |||
Reclassification | 0 | [3] | ' | 5,141 | [3] | ' | ' | |
Charge-offs | -3,030 | -283 | -4,570 | -9,504 | ' | |||
Recoveries | 84 | 101 | 722 | 370 | ' | |||
Provisions | 1,797 | 1,593 | 3,259 | 10,134 | ' | |||
Ending balance | 10,583 | 6,467 | 10,583 | 6,467 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 435 | ' | 435 | ' | 2,469 | |||
ALLL for loans and leases collectively evaluated for impairment | 10,148 | ' | 10,148 | ' | 3,562 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 10,583 | 6,467 | 10,583 | 6,467 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 2,290 | ' | 2,290 | ' | 17,075 | |||
Loans and leases collectively evaluated for impairment | 297,976 | ' | 297,976 | ' | 292,115 | |||
Net loans and leases | 300,266 | ' | 300,266 | ' | 309,190 | |||
Originated Loans | Commercial | Mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 104,842 | 81,573 | 80,229 | 67,486 | ' | |||
Reclassification | 0 | [3] | ' | 27,421 | [3] | ' | ' | |
Charge-offs | -794 | -1,428 | -1,662 | -5,448 | ' | |||
Recoveries | 241 | 222 | 740 | 1,230 | ' | |||
Provisions | -5,256 | 1,069 | -7,695 | 18,168 | ' | |||
Ending balance | 99,033 | 81,436 | 99,033 | 81,436 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 8,506 | ' | 8,506 | ' | 11,697 | |||
ALLL for loans and leases collectively evaluated for impairment | 90,527 | ' | 90,527 | ' | 68,532 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 99,033 | 81,436 | 99,033 | 81,436 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 116,222 | ' | 116,222 | ' | 133,804 | |||
Loans and leases collectively evaluated for impairment | 6,191,970 | ' | 6,191,970 | ' | 5,895,631 | |||
Net loans and leases | 6,308,192 | ' | 6,308,192 | ' | 6,029,435 | |||
Originated Loans | Commercial | Other commercial real estate | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 1,057 | 2,413 | 2,059 | 2,169 | ' | |||
Reclassification | 0 | [3] | ' | -815 | [3] | ' | ' | |
Charge-offs | -5 | 0 | -77 | -254 | ' | |||
Recoveries | 39 | 6 | 75 | 6 | ' | |||
Provisions | -56 | -180 | -207 | 318 | ' | |||
Ending balance | 1,035 | 2,239 | 1,035 | 2,239 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 133 | ' | 133 | ' | 298 | |||
ALLL for loans and leases collectively evaluated for impairment | 902 | ' | 902 | ' | 1,761 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 1,035 | 2,239 | 1,035 | 2,239 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 2,835 | ' | 2,835 | ' | 3,375 | |||
Loans and leases collectively evaluated for impairment | 174,764 | ' | 174,764 | ' | 157,605 | |||
Net loans and leases | 177,599 | ' | 177,599 | ' | 160,980 | |||
Originated Loans | Commercial | Commercial and industrial | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 19,309 | 14,308 | 14,050 | 23,723 | ' | |||
Reclassification | 0 | [3] | ' | 7,551 | [3] | ' | ' | |
Charge-offs | -1,671 | -720 | -3,917 | -3,766 | ' | |||
Recoveries | 344 | 179 | 1,003 | 616 | ' | |||
Provisions | 4,656 | -131 | 3,951 | -6,937 | ' | |||
Ending balance | 22,638 | 13,636 | 22,638 | 13,636 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 2,500 | ' | 2,500 | ' | 2,133 | |||
ALLL for loans and leases collectively evaluated for impairment | 20,138 | ' | 20,138 | ' | 11,917 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 22,638 | 13,636 | 22,638 | 13,636 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 11,282 | ' | 11,282 | ' | 22,619 | |||
Loans and leases collectively evaluated for impairment | 998,359 | ' | 998,359 | ' | 1,015,911 | |||
Net loans and leases | 1,009,641 | ' | 1,009,641 | ' | 1,038,530 | |||
Originated Loans | Commercial | Lease financing | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 4,992 | 3,515 | 3,521 | 3,288 | ' | |||
Reclassification | 0 | [3] | ' | -253 | [3] | ' | ' | |
Charge-offs | -31 | 0 | -123 | -335 | ' | |||
Recoveries | 71 | 27 | 90 | 75 | ' | |||
Provisions | -439 | -95 | 1,358 | 419 | ' | |||
Ending balance | 4,593 | 3,447 | 4,593 | 3,447 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 177 | ' | 177 | ' | 202 | |||
ALLL for loans and leases collectively evaluated for impairment | 4,416 | ' | 4,416 | ' | 3,319 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 4,593 | 3,447 | 4,593 | 3,447 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 309 | ' | 309 | ' | 804 | |||
Loans and leases collectively evaluated for impairment | 365,658 | ' | 365,658 | ' | 329,875 | |||
Net loans and leases | 365,967 | ' | 365,967 | ' | 330,679 | |||
Originated Loans | Commercial | Other | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 360 | 1,183 | 1,175 | 1,315 | ' | |||
Reclassification | 0 | [3] | ' | -1,288 | [3] | ' | ' | |
Charge-offs | 0 | 0 | -6 | -28 | ' | |||
Recoveries | 0 | 0 | 1 | 4 | ' | |||
Provisions | -171 | -7 | 307 | -115 | ' | |||
Ending balance | 189 | 1,176 | 189 | 1,176 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 53 | |||
ALLL for loans and leases collectively evaluated for impairment | 189 | ' | 189 | ' | 1,122 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 189 | 1,176 | 189 | 1,176 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 707 | |||
Loans and leases collectively evaluated for impairment | 180,435 | ' | 180,435 | ' | 124,974 | |||
Net loans and leases | 180,435 | ' | 180,435 | ' | 125,681 | |||
Originated Loans | Noncommerical | Mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 9,996 | 7,639 | 3,836 | 8,879 | ' | |||
Reclassification | 0 | [3] | ' | 5,717 | [3] | ' | ' | |
Charge-offs | -719 | -1,090 | -1,987 | -3,381 | ' | |||
Recoveries | 253 | 121 | 353 | 433 | ' | |||
Provisions | 515 | 516 | 2,126 | 1,255 | ' | |||
Ending balance | 10,045 | 7,186 | 10,045 | 7,186 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 1,113 | ' | 1,113 | ' | 959 | |||
ALLL for loans and leases collectively evaluated for impairment | 8,932 | ' | 8,932 | ' | 2,877 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 10,045 | 7,186 | 10,045 | 7,186 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 14,333 | ' | 14,333 | ' | 15,836 | |||
Loans and leases collectively evaluated for impairment | 913,093 | ' | 913,093 | ' | 807,053 | |||
Net loans and leases | 927,426 | ' | 927,426 | ' | 822,889 | |||
Originated Loans | Noncommerical | Construction and land development | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 720 | 1,815 | 1,721 | 1,427 | ' | |||
Reclassification | 0 | [3] | ' | -478 | [3] | ' | ' | |
Charge-offs | -59 | -239 | -304 | -914 | ' | |||
Recoveries | 101 | 16 | 180 | 168 | ' | |||
Provisions | -214 | 530 | -571 | 1,441 | ' | |||
Ending balance | 548 | 2,122 | 548 | 2,122 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 52 | ' | 52 | ' | 287 | |||
ALLL for loans and leases collectively evaluated for impairment | 496 | ' | 496 | ' | 1,434 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 548 | 2,122 | 548 | 2,122 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 938 | ' | 938 | ' | 1,321 | |||
Loans and leases collectively evaluated for impairment | 120,615 | ' | 120,615 | ' | 130,671 | |||
Net loans and leases | 121,553 | ' | 121,553 | ' | 131,992 | |||
Originated Loans | Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 14,997 | 26,700 | 25,185 | 27,045 | ' | |||
Reclassification | 0 | [3] | ' | -9,838 | [3] | ' | ' | |
Charge-offs | -1,472 | -1,613 | -4,540 | -7,885 | ' | |||
Recoveries | 84 | 87 | 462 | 501 | ' | |||
Provisions | 2,206 | 1,213 | 4,546 | 6,726 | ' | |||
Ending balance | 15,815 | 26,387 | 15,815 | 26,387 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 1,167 | ' | 1,167 | ' | 1 | |||
ALLL for loans and leases collectively evaluated for impairment | 14,648 | ' | 14,648 | ' | 25,184 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 15,815 | 26,387 | 15,815 | 26,387 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 6,495 | ' | 6,495 | ' | 4,203 | |||
Loans and leases collectively evaluated for impairment | 2,106,745 | ' | 2,106,745 | ' | 2,205,930 | |||
Net loans and leases | 2,113,240 | ' | 2,113,240 | ' | 2,210,133 | |||
Originated Loans | Noncommerical | Consumer | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 13,777 | 24,988 | 25,389 | 25,962 | ' | |||
Reclassification | 0 | [3] | ' | -10,018 | [3] | ' | ' | |
Charge-offs | -2,445 | -2,307 | -7,601 | -7,590 | ' | |||
Recoveries | 577 | 439 | 1,850 | 1,366 | ' | |||
Provisions | 1,894 | 3,562 | 4,183 | 6,944 | ' | |||
Ending balance | 13,803 | 26,682 | 13,803 | 26,682 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 133 | ' | 133 | ' | 256 | |||
ALLL for loans and leases collectively evaluated for impairment | 13,670 | ' | 13,670 | ' | 25,133 | |||
Non-specific ALLL | ' | ' | ' | ' | 0 | |||
Total allowance for loan and lease losses | 13,803 | 26,682 | 13,803 | 26,682 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 1,212 | ' | 1,212 | ' | 2,509 | |||
Loans and leases collectively evaluated for impairment | 379,054 | ' | 379,054 | ' | 414,097 | |||
Net loans and leases | 380,266 | ' | 380,266 | ' | 416,606 | |||
Originated Loans | Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 0 | 15,942 | 15,850 | 14,122 | ' | |||
Reclassification | 0 | [3] | ' | -15,772 | [3] | ' | ' | |
Charge-offs | 0 | 0 | 0 | 0 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | 0 | -673 | -78 | 1,147 | ' | |||
Ending balance | 0 | 15,269 | 0 | 15,269 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 0 | |||
ALLL for loans and leases collectively evaluated for impairment | 0 | ' | 0 | ' | 0 | |||
Non-specific ALLL | ' | ' | ' | ' | 15,850 | |||
Total allowance for loan and lease losses | 0 | 15,269 | 0 | 15,269 | ' | |||
Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 0 | |||
Loans and leases collectively evaluated for impairment | 0 | ' | 0 | ' | 0 | |||
Net loans and leases | 0 | ' | 0 | ' | 0 | |||
Acquired Loans | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 76,534 | 87,797 | 139,972 | 89,261 | ' | |||
Charge-offs | -4,402 | -7,516 | -29,745 | -37,401 | ' | |||
Recoveries | 0 | 0 | 0 | 142 | ' | |||
Provisions | -12,615 | 10,226 | -50,710 | 38,505 | ' | |||
Ending balance | 59,517 | 90,507 | 59,517 | 90,507 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 59,517 | 90,507 | 59,517 | 90,507 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 59,517 | ' | 59,517 | ' | 139,972 | |||
Loans and leases acquired with deteriorated credit quality | 1,188,281 | ' | 1,188,281 | ' | 1,809,235 | |||
Acquired Loans | Commercial | Construction and land development | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 7,589 | 15,983 | 31,186 | 16,693 | ' | |||
Charge-offs | -1,263 | -1,434 | -3,435 | -6,460 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -3,707 | 3,186 | -25,132 | 7,502 | ' | |||
Ending balance | 2,619 | 17,735 | 2,619 | 17,735 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 2,619 | 17,735 | 2,619 | 17,735 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 2,619 | ' | 2,619 | ' | 31,186 | |||
Loans and leases acquired with deteriorated credit quality | 93,963 | ' | 93,963 | ' | 237,906 | |||
Acquired Loans | Commercial | Mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 33,588 | 35,991 | 50,275 | 39,557 | ' | |||
Charge-offs | -2,324 | -3,006 | -10,146 | -18,396 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -1,944 | 8,159 | -10,809 | 19,983 | ' | |||
Ending balance | 29,320 | 41,144 | 29,320 | 41,144 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 29,320 | 41,144 | 29,320 | 41,144 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 29,320 | ' | 29,320 | ' | 50,275 | |||
Loans and leases acquired with deteriorated credit quality | 744,349 | ' | 744,349 | ' | 1,054,473 | |||
Acquired Loans | Commercial | Other commercial real estate | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 4,596 | 9,194 | 11,234 | 16,862 | ' | |||
Charge-offs | 0 | -34 | -6,622 | -831 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -2,673 | -4,606 | -2,689 | -11,477 | ' | |||
Ending balance | 1,923 | 4,554 | 1,923 | 4,554 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 1,923 | 4,554 | 1,923 | 4,554 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 1,923 | ' | 1,923 | ' | 11,234 | |||
Loans and leases acquired with deteriorated credit quality | 51,108 | ' | 51,108 | ' | 107,119 | |||
Acquired Loans | Commercial | Commercial and industrial | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 5,936 | 14,724 | 8,897 | 5,500 | ' | |||
Charge-offs | -89 | -1,901 | -5,190 | -7,916 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -73 | -9,114 | 2,067 | 6,125 | ' | |||
Ending balance | 5,774 | 3,709 | 5,774 | 3,709 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 5,774 | 3,709 | 5,774 | 3,709 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 5,774 | ' | 5,774 | ' | 8,897 | |||
Loans and leases acquired with deteriorated credit quality | 24,448 | ' | 24,448 | ' | 49,463 | |||
Acquired Loans | Commercial | Lease financing | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 0 | 0 | 0 | 13 | ' | |||
Charge-offs | 0 | 0 | 0 | 0 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | 0 | 0 | 0 | -13 | ' | |||
Ending balance | 0 | 0 | 0 | 0 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 0 | 0 | 0 | 0 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 0 | ' | 0 | ' | 0 | |||
Loans and leases acquired with deteriorated credit quality | 0 | ' | 0 | ' | 0 | |||
Acquired Loans | Noncommerical | Mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 17,272 | 5,575 | 19,837 | 5,433 | ' | |||
Charge-offs | -509 | -819 | -1,973 | -3,431 | ' | |||
Recoveries | 0 | 0 | 0 | 142 | ' | |||
Provisions | -2,445 | 4,754 | -3,546 | 7,366 | ' | |||
Ending balance | 14,318 | 9,510 | 14,318 | 9,510 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 14,318 | 9,510 | 14,318 | 9,510 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 14,318 | ' | 14,318 | ' | 19,837 | |||
Loans and leases acquired with deteriorated credit quality | 232,310 | ' | 232,310 | ' | 297,926 | |||
Acquired Loans | Noncommerical | Construction and land development | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 1,232 | 3,780 | 8,287 | 4,652 | ' | |||
Charge-offs | -217 | -292 | 0 | -301 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -467 | 3,440 | -7,739 | 2,577 | ' | |||
Ending balance | 548 | 6,928 | 548 | 6,928 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 548 | 6,928 | 548 | 6,928 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 548 | ' | 548 | ' | 8,287 | |||
Loans and leases acquired with deteriorated credit quality | 5,337 | ' | 5,337 | ' | 20,793 | |||
Acquired Loans | Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 6,031 | 2,548 | 9,754 | 77 | ' | |||
Charge-offs | 0 | 0 | 0 | 0 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -1,195 | 2,946 | -4,918 | 5,417 | ' | |||
Ending balance | 4,836 | 5,494 | 4,836 | 5,494 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 4,836 | 5,494 | 4,836 | 5,494 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 4,836 | ' | 4,836 | ' | 9,754 | |||
Loans and leases acquired with deteriorated credit quality | 34,834 | ' | 34,834 | ' | 38,710 | |||
Acquired Loans | Noncommerical | Consumer and Other | ' | ' | ' | ' | ' | |||
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' | ' | ' | ' | |||
Beginning balance | 290 | 2 | 502 | 474 | ' | |||
Charge-offs | 0 | -30 | -2,379 | -66 | ' | |||
Recoveries | 0 | 0 | 0 | 0 | ' | |||
Provisions | -111 | 1,461 | 2,056 | 1,025 | ' | |||
Ending balance | 179 | 1,433 | 179 | 1,433 | ' | |||
Allowance for Loans and Leases Evaluated for Impairment [Abstract] | ' | ' | ' | ' | ' | |||
Total allowance for loan and lease losses | 179 | 1,433 | 179 | 1,433 | ' | |||
Loan and Lease Acquired with Deteriorated Credit Quality [Abstract] | ' | ' | ' | ' | ' | |||
ALLL for loans and leases acquired with deteriorated credit quality | 179 | ' | 179 | ' | 502 | |||
Loans and leases acquired with deteriorated credit quality | $1,932 | ' | $1,932 | ' | $2,845 | |||
[1] | Unaudited | |||||||
[2] | Derived from 2012 Annual Report on Form 10-K. | |||||||
[3] | (1) Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15,772 previously designated as 'non-specific' to other loan classes and the absorption of $7,368 of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A. |
Allowance_for_Loan_and_Lease_L3
Allowance for Loan and Lease Losses (Allocation of Allowance for Loan and Lease Losses) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | $7,368 | $0 | ' | |||
Allowance for loan and lease losses | 237,799 | [1] | ' | 237,799 | [1] | ' | 319,018 | [2] |
Noncommerical | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | 7,368 | [3] | ' | ' | ||
Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | ' | ' | -15,772 | [3] | ' | ' | ||
Originated Loans | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | 7,368 | [3] | ' | ' | |
Unpaid principal balance | 165,749 | ' | 165,749 | ' | 192,238 | |||
ALLL for loans and leases individually evaluated for impairment | 14,216 | ' | 14,216 | ' | 18,355 | |||
Financing Receivable, Individually Evaluated for Impairment | 155,916 | ' | 155,916 | ' | 202,253 | |||
Average balance | 162,334 | 166,518 | 157,018 | 152,660 | ' | |||
Interest income recognized | 2,021 | 2,067 | 6,112 | 5,885 | ' | |||
Originated Loans | Commercial | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | 5,141 | [3] | ' | ' | |
Unpaid principal balance | 7,364 | ' | 7,364 | ' | 31,879 | |||
ALLL for loans and leases individually evaluated for impairment | 435 | ' | 435 | ' | 2,469 | |||
Financing Receivable, Individually Evaluated for Impairment | 2,290 | ' | 2,290 | ' | 17,075 | |||
Average balance | 5,553 | 24,046 | 7,793 | 24,595 | ' | |||
Interest income recognized | 29 | 239 | 242 | 756 | ' | |||
Originated Loans | Commercial | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | 27,421 | [3] | ' | ' | |
Unpaid principal balance | 120,254 | ' | 120,254 | ' | 123,964 | |||
ALLL for loans and leases individually evaluated for impairment | 8,506 | ' | 8,506 | ' | 11,697 | |||
Financing Receivable, Individually Evaluated for Impairment | 116,222 | ' | 116,222 | ' | 133,804 | |||
Average balance | 117,584 | 100,751 | 107,929 | 90,544 | ' | |||
Interest income recognized | 1,575 | 1,332 | 4,413 | 3,621 | ' | |||
Originated Loans | Commercial | Other commercial real estate | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -815 | [3] | ' | ' | |
Unpaid principal balance | 3,131 | ' | 3,131 | ' | 3,348 | |||
ALLL for loans and leases individually evaluated for impairment | 133 | ' | 133 | ' | 298 | |||
Financing Receivable, Individually Evaluated for Impairment | 2,835 | ' | 2,835 | ' | 3,375 | |||
Average balance | 2,852 | 2,191 | 2,893 | 2,502 | ' | |||
Interest income recognized | 39 | 33 | 121 | 83 | ' | |||
Originated Loans | Commercial | Commercial and industrial | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | 7,551 | [3] | ' | ' | |
Unpaid principal balance | 11,512 | ' | 11,512 | ' | 9,583 | |||
ALLL for loans and leases individually evaluated for impairment | 2,500 | ' | 2,500 | ' | 2,133 | |||
Financing Receivable, Individually Evaluated for Impairment | 11,282 | ' | 11,282 | ' | 22,619 | |||
Average balance | 12,136 | 13,414 | 13,811 | 11,847 | ' | |||
Interest income recognized | 127 | 186 | 533 | 682 | ' | |||
Originated Loans | Commercial | Lease financing | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -253 | [3] | ' | ' | |
Unpaid principal balance | 309 | ' | 309 | ' | 746 | |||
ALLL for loans and leases individually evaluated for impairment | 177 | ' | 177 | ' | 202 | |||
Financing Receivable, Individually Evaluated for Impairment | 309 | ' | 309 | ' | 804 | |||
Average balance | 312 | 689 | 399 | 412 | ' | |||
Interest income recognized | 5 | 11 | 19 | 22 | ' | |||
Originated Loans | Commercial | Other | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -1,288 | [3] | ' | ' | |
Unpaid principal balance | 0 | ' | 0 | ' | 707 | |||
ALLL for loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 53 | |||
Financing Receivable, Individually Evaluated for Impairment | 0 | ' | 0 | ' | 707 | |||
Average balance | 0 | 734 | 0 | 327 | ' | |||
Interest income recognized | 0 | 0 | 0 | 0 | ' | |||
Originated Loans | Noncommerical | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | 5,717 | [3] | ' | ' | |
Unpaid principal balance | 14,534 | ' | 14,534 | ' | 13,978 | |||
ALLL for loans and leases individually evaluated for impairment | 1,113 | ' | 1,113 | ' | 959 | |||
Financing Receivable, Individually Evaluated for Impairment | 14,333 | ' | 14,333 | ' | 15,836 | |||
Average balance | 15,137 | 16,111 | 15,441 | 15,278 | ' | |||
Interest income recognized | 181 | 206 | 253 | 536 | ' | |||
Originated Loans | Noncommerical | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -478 | [3] | ' | ' | |
Unpaid principal balance | 938 | ' | 938 | ' | 1,321 | |||
ALLL for loans and leases individually evaluated for impairment | 52 | ' | 52 | ' | 287 | |||
Financing Receivable, Individually Evaluated for Impairment | 938 | ' | 938 | ' | 1,321 | |||
Average balance | 943 | 3,012 | 907 | 3,017 | ' | |||
Interest income recognized | 14 | 33 | 39 | 122 | ' | |||
Originated Loans | Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -9,838 | [3] | ' | ' | |
Unpaid principal balance | 6,495 | ' | 6,495 | ' | 4,203 | |||
ALLL for loans and leases individually evaluated for impairment | 1,167 | ' | 1,167 | ' | 1 | |||
Financing Receivable, Individually Evaluated for Impairment | 6,495 | ' | 6,495 | ' | 4,203 | |||
Average balance | 6,564 | 3,592 | 6,337 | 2,507 | ' | |||
Interest income recognized | 47 | 20 | 459 | 40 | ' | |||
Originated Loans | Noncommerical | Consumer | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -10,018 | [3] | ' | ' | |
Unpaid principal balance | 1,212 | ' | 1,212 | ' | 2,509 | |||
ALLL for loans and leases individually evaluated for impairment | 133 | ' | 133 | ' | 256 | |||
Financing Receivable, Individually Evaluated for Impairment | 1,212 | ' | 1,212 | ' | 2,509 | |||
Average balance | 1,253 | 1,978 | 1,508 | 1,631 | ' | |||
Interest income recognized | 4 | 7 | 33 | 23 | ' | |||
Originated Loans | Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Reclassification | 0 | [3] | ' | -15,772 | [3] | ' | ' | |
Unpaid principal balance | 0 | ' | 0 | ' | 0 | |||
ALLL for loans and leases individually evaluated for impairment | 0 | ' | 0 | ' | 0 | |||
Financing Receivable, Individually Evaluated for Impairment | 0 | ' | 0 | ' | 0 | |||
Originated Loans | With A Recorded Allowance | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Total impaired noncovered loans and leases | 104,427 | ' | 104,427 | ' | 97,785 | |||
Originated Loans | With A Recorded Allowance | Commercial | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 1,941 | ' | 1,941 | ' | 6,960 | |||
Originated Loans | With A Recorded Allowance | Commercial | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 71,829 | ' | 71,829 | ' | 61,644 | |||
Originated Loans | With A Recorded Allowance | Commercial | Other commercial real estate | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 1,210 | ' | 1,210 | ' | 1,552 | |||
Originated Loans | With A Recorded Allowance | Commercial | Commercial and industrial | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 10,911 | ' | 10,911 | ' | 11,248 | |||
Originated Loans | With A Recorded Allowance | Commercial | Lease financing | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 309 | ' | 309 | ' | 723 | |||
Originated Loans | With A Recorded Allowance | Commercial | Other | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 53 | |||
Originated Loans | With A Recorded Allowance | Noncommerical | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 11,652 | ' | 11,652 | ' | 11,596 | |||
Originated Loans | With A Recorded Allowance | Noncommerical | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 475 | ' | 475 | ' | 1,162 | |||
Originated Loans | With A Recorded Allowance | Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 4,888 | ' | 4,888 | ' | 1,238 | |||
Originated Loans | With A Recorded Allowance | Noncommerical | Consumer | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 1,212 | ' | 1,212 | ' | 1,609 | |||
Originated Loans | With A Recorded Allowance | Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 0 | |||
Originated Loans | With No Recorded Allowance | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 51,489 | ' | 51,489 | ' | 104,468 | |||
Originated Loans | With No Recorded Allowance | Commercial | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 349 | ' | 349 | ' | 10,115 | |||
Originated Loans | With No Recorded Allowance | Commercial | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 44,393 | ' | 44,393 | ' | 72,160 | |||
Originated Loans | With No Recorded Allowance | Commercial | Other commercial real estate | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 1,625 | ' | 1,625 | ' | 1,823 | |||
Originated Loans | With No Recorded Allowance | Commercial | Commercial and industrial | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 371 | ' | 371 | ' | 11,371 | |||
Originated Loans | With No Recorded Allowance | Commercial | Lease financing | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 81 | |||
Originated Loans | With No Recorded Allowance | Commercial | Other | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 654 | |||
Originated Loans | With No Recorded Allowance | Noncommerical | Mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 2,681 | ' | 2,681 | ' | 4,240 | |||
Originated Loans | With No Recorded Allowance | Noncommerical | Construction and land development | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 463 | ' | 463 | ' | 159 | |||
Originated Loans | With No Recorded Allowance | Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 1,607 | ' | 1,607 | ' | 2,965 | |||
Originated Loans | With No Recorded Allowance | Noncommerical | Consumer | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 900 | |||
Originated Loans | With No Recorded Allowance | Noncommerical | Non-specific | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Allowance for loan and lease losses | 0 | ' | 0 | ' | 0 | |||
Acquired Loans | ' | ' | ' | ' | ' | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' | ' | |||
Acquired loans which have adverse change in expected cash flows | $514,166 | ' | $514,166 | ' | ' | |||
[1] | Unaudited | |||||||
[2] | Derived from 2012 Annual Report on Form 10-K. | |||||||
[3] | (1) Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15,772 previously designated as 'non-specific' to other loan classes and the absorption of $7,368 of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A. |
Allowance_for_Loan_and_Lease_L4
Allowance for Loan and Lease Losses (Troubled Debt Restructuring) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Thousands, unless otherwise specified | |||
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | $173,888 | ' | $253,388 |
Nonaccruing | 35,857 | ' | 79,782 |
Financing Receivable, Modifications, Recorded Investment | 209,745 | 333,170 | 333,170 |
Minimum amount of nonaccrual status for loans to qualify to be individually evaluated for impairment | 500,000 | ' | ' |
Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 66,840 | 89,845 | ' |
Financing Receivable, Modifications, Recorded Investment | 95,514 | 139,963 | ' |
Acquired Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 114,231 | 193,207 | ' |
Commercial | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 144,229 | ' | 220,397 |
Nonaccruing | 31,398 | ' | 73,954 |
Financing Receivable, Modifications, Recorded Investment | 175,627 | ' | 294,351 |
Commercial | Construction and land development | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 24,394 | ' | 47,368 |
Nonaccruing | 2,505 | ' | 26,920 |
Financing Receivable, Modifications, Recorded Investment | 26,899 | ' | 74,288 |
Commercial | Construction and land development | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 493 | 14,930 | ' |
Commercial | Mortgage | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 105,775 | ' | 151,728 |
Nonaccruing | 26,669 | ' | 37,603 |
Financing Receivable, Modifications, Recorded Investment | 132,444 | ' | 189,331 |
Commercial | Mortgage | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 44,818 | 50,532 | ' |
Commercial | Other commercial real estate | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 3,548 | ' | 10,137 |
Nonaccruing | 1,330 | ' | 2,194 |
Financing Receivable, Modifications, Recorded Investment | 4,878 | ' | 12,331 |
Commercial | Other commercial real estate | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 1,937 | 2,319 | ' |
Commercial | Commercial and industrial | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 10,364 | ' | 10,940 |
Nonaccruing | 894 | ' | 7,237 |
Financing Receivable, Modifications, Recorded Investment | 11,258 | ' | 18,177 |
Commercial | Commercial and industrial | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 2,978 | 6,972 | ' |
Commercial | Lease financing | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 148 | ' | 224 |
Nonaccruing | 0 | ' | 0 |
Financing Receivable, Modifications, Recorded Investment | 148 | ' | 224 |
Commercial | Lease financing | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 1,000 | 1,075 | ' |
Noncommerical | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 29,659 | ' | 32,991 |
Nonaccruing | 4,459 | ' | 5,828 |
Financing Receivable, Modifications, Recorded Investment | 34,118 | ' | 38,819 |
Noncommerical | Mortgage | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 24,913 | ' | 28,777 |
Nonaccruing | 3,996 | ' | 5,828 |
Financing Receivable, Modifications, Recorded Investment | 28,909 | ' | 34,605 |
Noncommerical | Mortgage | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 15,119 | 12,603 | ' |
Noncommerical | Construction and land development | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 476 | ' | 1,657 |
Nonaccruing | 463 | ' | 0 |
Financing Receivable, Modifications, Recorded Investment | 939 | ' | 1,657 |
Noncommerical | Construction and land development | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 463 | 668 | ' |
Noncommerical | Revolving mortgage | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 3,058 | ' | 48 |
Nonaccruing | 0 | ' | 0 |
Financing Receivable, Modifications, Recorded Investment | 3,058 | ' | 48 |
Noncommerical | Revolving mortgage | Originated Loans | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Nonaccruing | 0 | 0 | ' |
Noncommerical | Consumer and Other | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Accruing | 1,212 | ' | 2,509 |
Nonaccruing | 0 | ' | 0 |
Financing Receivable, Modifications, Recorded Investment | $1,212 | ' | $2,509 |
Allowance_for_Loan_and_Lease_L5
Allowance for Loan and Lease Losses (Note Restructurings During Period) (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
loans | loans | loans | loans | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | $209,745 | $333,170 | $209,745 | $333,170 | $333,170 |
Commercial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 175,627 | 294,351 | 175,627 | 294,351 | ' |
Commercial | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 26,899 | 74,288 | 26,899 | 74,288 | ' |
Commercial | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 132,444 | 189,331 | 132,444 | 189,331 | ' |
Commercial | Other commercial real estate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 4,878 | 12,331 | 4,878 | 12,331 | ' |
Commercial | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 11,258 | 18,177 | 11,258 | 18,177 | ' |
Commercial | Lease financing | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 148 | 224 | 148 | 224 | ' |
Noncommerical | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 34,118 | 38,819 | 34,118 | 38,819 | ' |
Noncommerical | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 28,909 | 34,605 | 28,909 | 34,605 | ' |
Noncommerical | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 939 | 1,657 | 939 | 1,657 | ' |
Noncommerical | Revolving mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 3,058 | 48 | 3,058 | 48 | ' |
Originated Loans | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 95,514 | ' | 95,514 | ' | 139,963 |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 15 | 4 | 17 | 21 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 6,765 | 1,220 | 7,556 | 5,710 | ' |
Financing Receivable, Modifications, Number of Contracts | 23 | 25 | 138 | 122 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 4,619 | 7,268 | 27,427 | 45,049 | ' |
Originated Loans | Interest Only Loan | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 3 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 1,290 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 5 | 13 | 17 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 203 | 1,589 | 4,373 | 5,796 | ' |
Originated Loans | Loan Term Extension | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 4 | 4 | 6 | 14 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 1,303 | 1,220 | 2,094 | 3,586 | ' |
Financing Receivable, Modifications, Number of Contracts | 8 | 15 | 25 | 77 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 2,983 | 4,173 | 6,501 | 30,115 | ' |
Originated Loans | Below Market Interest Rate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 7 | 0 | 7 | 4 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 5,371 | 0 | 5,371 | 834 | ' |
Financing Receivable, Modifications, Number of Contracts | 11 | 5 | 65 | 25 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 1,308 | 1,506 | 13,903 | 7,829 | ' |
Originated Loans | Discharge of Debt | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 4 | 0 | 4 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 91 | 0 | 91 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 3 | 0 | 35 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 125 | 0 | 2,650 | 0 | ' |
Originated Loans | Commercial | Interest Only Loan | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 316 | ' |
Originated Loans | Commercial | Interest Only Loan | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 2 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 952 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 3 | 9 | 12 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 1,009 | 3,242 | 4,562 | ' |
Originated Loans | Commercial | Interest Only Loan | Other commercial real estate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 1 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 98 | 0 | ' |
Originated Loans | Commercial | Interest Only Loan | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 2 | 2 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 203 | 580 | 403 | 580 | ' |
Originated Loans | Commercial | Loan Term Extension | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 7,606 | ' |
Originated Loans | Commercial | Loan Term Extension | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 4 | 4 | 5 | 10 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 1,303 | 1,220 | 1,524 | 3,389 | ' |
Financing Receivable, Modifications, Number of Contracts | 5 | 10 | 12 | 45 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 2,372 | 3,505 | 4,935 | 16,314 | ' |
Originated Loans | Commercial | Loan Term Extension | Other commercial real estate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 3 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 1,334 | ' |
Originated Loans | Commercial | Loan Term Extension | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 3 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 150 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 2 | 2 | 10 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 513 | 623 | 1,371 | ' |
Originated Loans | Commercial | Loan Term Extension | Lease financing | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 3 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 172 | ' |
Originated Loans | Commercial | Below Market Interest Rate | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 0 | 2 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 45 | 0 | 265 | 228 | ' |
Originated Loans | Commercial | Below Market Interest Rate | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 5 | 0 | 5 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 5,125 | 0 | 5,125 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 4 | 3 | 29 | 7 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 859 | 1,385 | 10,248 | 5,462 | ' |
Originated Loans | Commercial | Below Market Interest Rate | Other commercial real estate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 3 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 738 | 0 | ' |
Originated Loans | Commercial | Below Market Interest Rate | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 0 | 1 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 173 | 0 | 173 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 1 | 4 | 4 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 113 | 829 | 226 | ' |
Originated Loans | Commercial | Other Concession | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 924 | ' |
Originated Loans | Noncommerical | Interest Only Loan | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 338 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 1 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 630 | 338 | ' |
Originated Loans | Noncommerical | Loan Term Extension | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 1 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 570 | 47 | ' |
Financing Receivable, Modifications, Number of Contracts | 2 | 2 | 9 | 7 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 590 | 133 | 879 | 493 | ' |
Originated Loans | Noncommerical | Loan Term Extension | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 1,701 | ' |
Originated Loans | Noncommerical | Loan Term Extension | Consumer | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 1 | 2 | 6 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 21 | 22 | 64 | 1,124 | ' |
Originated Loans | Noncommerical | Below Market Interest Rate | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 3 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 785 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 1 | 14 | 10 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 319 | 8 | 826 | 1,853 | ' |
Originated Loans | Noncommerical | Below Market Interest Rate | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 2 | 0 | 4 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 42 | 0 | 555 | 0 | ' |
Originated Loans | Noncommerical | Below Market Interest Rate | Revolving mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 0 | 1 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 73 | 0 | 73 | 49 | ' |
Financing Receivable, Modifications, Number of Contracts | 3 | 0 | 6 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 43 | 0 | 215 | 49 | ' |
Originated Loans | Noncommerical | Below Market Interest Rate | Consumer | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 3 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 227 | 11 | ' |
Originated Loans | Noncommerical | Discharge of Debt | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 2 | 0 | 2 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 44 | 0 | 44 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 0 | 4 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 0 | 130 | 0 | ' |
Originated Loans | Noncommerical | Discharge of Debt | Revolving mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 2 | 0 | 2 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 47 | 0 | 47 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 3 | 0 | 31 | 0 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 125 | 0 | 2,520 | 0 | ' |
Originated Loans | Noncommerical | Other Concession | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 3 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 1,309 | ' |
Originated Loans | Noncommerical | Other Concession | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 385 | ' |
Acquired Loans | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | 114,231 | ' | 114,231 | ' | 193,207 |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 10 | 8 | 14 | 21 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 6,025 | 6,127 | 8,718 | 11,483 | ' |
Financing Receivable, Modifications, Number of Contracts | 3 | 26 | 42 | 74 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 569 | 13,886 | 26,104 | 44,565 | ' |
Acquired Loans | Interest Only Loan | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 2 | 3 | 2 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 2,628 | 495 | 4,618 | 495 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 4 | 6 | 8 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 4,158 | 3,892 | 13,049 | ' |
Acquired Loans | Loan Term Extension | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 1 | 1 | 2 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 198 | 4,606 | 198 | 7,240 | ' |
Financing Receivable, Modifications, Number of Contracts | 2 | 4 | 9 | 17 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 278 | 5,196 | 3,914 | 12,134 | ' |
Acquired Loans | Below Market Interest Rate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 8 | 5 | 10 | 17 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 3,199 | 1,026 | 3,902 | 3,748 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 18 | 27 | 49 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 291 | 4,532 | 18,298 | 19,382 | ' |
Acquired Loans | Commercial | Interest Only Loan | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 1 | 1 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 2,628 | 336 | 2,628 | 336 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 1 | 1 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 336 | 2,628 | 474 | ' |
Acquired Loans | Commercial | Interest Only Loan | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 1 | 2 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 159 | 1,990 | 159 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 3 | 2 | 4 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 3,822 | 1,060 | 12,317 | ' |
Acquired Loans | Commercial | Interest Only Loan | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 1 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 23 | 158 | ' |
Acquired Loans | Commercial | Loan Term Extension | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 2,634 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 5 | 9 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 2,517 | 5,449 | ' |
Acquired Loans | Commercial | Loan Term Extension | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 0 | 1 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 157 | 0 | 157 | 1,413 | ' |
Acquired Loans | Commercial | Loan Term Extension | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 1 | 2 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 121 | 118 | 1,042 | 147 | ' |
Acquired Loans | Commercial | Below Market Interest Rate | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 2 | 0 | 2 | 2 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 1,067 | 0 | 1,067 | 929 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 2 | 5 | 10 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 52 | 3,489 | 1,464 | ' |
Acquired Loans | Commercial | Below Market Interest Rate | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 2 | 1 | 2 | 5 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 1,290 | 1,015 | 1,290 | 2,747 | ' |
Financing Receivable, Modifications, Number of Contracts | 1 | 5 | 9 | 14 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 291 | 3,173 | 11,428 | 13,493 | ' |
Acquired Loans | Commercial | Below Market Interest Rate | Other commercial real estate | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 2 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 0 | 1,766 | ' |
Acquired Loans | Commercial | Below Market Interest Rate | Commercial and industrial | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 2 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 1 | 3 | 4 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 1,137 | 510 | 1,137 | ' |
Acquired Loans | Noncommerical | Interest Only Loan | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 2 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | 181 | 100 | ' |
Acquired Loans | Noncommerical | Loan Term Extension | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 1 | 1 | 1 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 198 | 4,606 | 198 | 4,606 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 3 | 1 | 4 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 5,078 | 198 | 5,125 | ' |
Acquired Loans | Noncommerical | Below Market Interest Rate | Mortgage | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 4 | 4 | 6 | 7 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 842 | 11 | 1,545 | 72 | ' |
Financing Receivable, Modifications, Number of Contracts | 0 | 10 | 10 | 18 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | 0 | 170 | 2,871 | 1,522 | ' |
Acquired Loans | Noncommerical | Below Market Interest Rate | Construction and land development | ' | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | ' | ' | 0 | 0 | ' |
Financing Receivable, Modifications, Number of Contracts | ' | ' | 0 | 1 | ' |
Financing Receivable, Modifications, Post-Modification Recorded Investment | ' | ' | $0 | $0 | ' |
Other_Real_Estate_Owned_Detail
Other Real Estate Owned (Details) (USD $) | 9 Months Ended | |||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | ||
Covered | ' | ' | ||
Beginning balance | $102,577 | [1] | $148,599 | |
Additions | 50,365 | 89,811 | ||
Sales | -78,597 | -100,620 | ||
Writedowns | -15,576 | -21,385 | ||
Ending balance | 58,769 | [2] | 116,405 | [2] |
Noncovered | ' | ' | ||
Beginning balance | 43,513 | [1] | 50,399 | |
Additions | 28,756 | 27,552 | ||
Sales | -29,266 | -24,960 | ||
Writedowns | -2,665 | -7,928 | ||
Ending balance | 40,338 | [2] | 45,063 | [2] |
Total | ' | ' | ||
Beginning balance | 146,090 | 198,998 | ||
Additions | 79,121 | 117,363 | ||
Sales | -107,863 | -125,580 | ||
Writedowns | -18,241 | -29,313 | ||
Ending balance | $99,107 | $161,468 | ||
[1] | Derived from 2012 Annual Report on Form 10-K. | |||
[2] | Unaudited |
Receivable_from_FDIC_for_Loss_2
Receivable from FDIC for Loss Share Agreements (Changes in Receivable from FDIC) (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | |||
Receivable From FDIC For Loss Share Agreements [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | |||
FDIC Indemnification Asset | $100,553 | [1] | $329,619 | $100,553 | [1] | $329,619 | $158,013 | $270,192 | [1] | $405,626 | $617,377 |
Receivable From FDIC For Loss Share Agreements [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | |||
Accretion of discounts and premiums, net | -20,553 | -32,398 | -65,734 | -79,135 | ' | ' | ' | ' | |||
Receipt of payments from FDIC | 1,431 | -31,765 | -45,103 | -223,863 | ' | ' | ' | ' | |||
Post-acquisition and other adjustments, net | ($38,338) | ($11,844) | ($58,802) | $15,240 | ' | ' | ' | ' | |||
[1] | Unaudited |
Estimated_Fair_Values_Estimate
Estimated Fair Values (Estimated Fair Values For Certain Financial Assets And Financial Liabilities) (Details) (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | ||
In Thousands, unless otherwise specified | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' | ' | ||
Cash and due from banks | $569,118 | [1] | ' | $639,730 | [2] | ' | ' | ' |
Overnight investments | 1,354,131 | [1] | ' | 443,180 | [2] | ' | ' | ' |
Investment securities available for sale | 5,161,585 | [1] | ' | 5,226,228 | [2] | ' | ' | ' |
Investment securities held to maturity | 1,013 | [1] | ' | 1,342 | [2] | ' | ' | ' |
Loans held for sale | 43,054 | [1] | ' | 86,333 | [2] | ' | ' | ' |
FDIC Indemnification Asset | 100,553 | [1] | 158,013 | 270,192 | [1] | 329,619 | 405,626 | 617,377 |
Income earned not collected | 46,110 | [1] | ' | 47,666 | [2] | ' | ' | ' |
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Deposits | 18,063,319 | [1] | ' | 18,086,025 | [2] | ' | ' | ' |
Payable to FDIC for loss share agreements | 107,419 | ' | 101,641 | ' | ' | ' | ||
Carrying Value | ' | ' | ' | ' | ' | ' | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' | ' | ||
Cash and due from banks | 569,118 | ' | 639,730 | ' | ' | ' | ||
Overnight investments | 1,354,131 | ' | 443,180 | ' | ' | ' | ||
Investment securities available for sale | 5,161,585 | ' | 5,226,228 | ' | ' | ' | ||
Investment securities held to maturity | 1,013 | ' | 1,342 | ' | ' | ' | ||
Loans held for sale | 43,054 | ' | 86,333 | ' | ' | ' | ||
Loans covered by loss share agreements, net of allowance for loan and lease losses | 1,128,764 | ' | 1,669,263 | ' | ' | ' | ||
Loans and leases not covered by loss share agreements, net of allowance for loan and lease losses | 11,706,303 | ' | 11,397,069 | ' | ' | ' | ||
FDIC Indemnification Asset | 100,553 | [3] | ' | 270,192 | [3] | ' | ' | ' |
Income earned not collected | 46,110 | ' | 47,666 | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Preferred stock | 31,749 | ' | 40,768 | ' | ' | ' | ||
Deposits | 18,063,319 | ' | 18,086,025 | ' | ' | ' | ||
Short-term borrowings | 604,435 | ' | 568,505 | ' | ' | ' | ||
Long-term obligations | 510,963 | ' | 444,921 | ' | ' | ' | ||
Payable to FDIC for loss share agreements | 107,419 | ' | 101,641 | ' | ' | ' | ||
Accrued interest payable | 6,051 | ' | 9,353 | ' | ' | ' | ||
Derivative Liability, Fair Value, Gross Liability | 7,909 | ' | 10,398 | ' | ' | ' | ||
Carrying Value | Investment In Federal Home Loan Bank Of Atlanta Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | 31,938 | ' | 36,139 | ' | ' | ' | ||
Carrying Value | Investment In Federal Home Loan Bank Of San Francisco Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | 7,024 | ' | 10,107 | ' | ' | ' | ||
Carrying Value | Investment In Federal Home Loan Bank Of Seattle Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | 4,290 | ' | 4,410 | ' | ' | ' | ||
Fair Value | ' | ' | ' | ' | ' | ' | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' | ' | ||
Cash and due from banks | 569,118 | ' | 639,730 | ' | ' | ' | ||
Overnight investments | 1,354,131 | ' | 443,180 | ' | ' | ' | ||
Investment securities available for sale | 5,161,585 | ' | 5,226,228 | ' | ' | ' | ||
Investment securities held to maturity | 1,080 | ' | 1,448 | ' | ' | ' | ||
Loans held for sale | 44,819 | ' | 87,654 | ' | ' | ' | ||
Loans covered by loss share agreements, net of allowance for loan and lease losses | 1,106,189 | ' | 1,635,878 | ' | ' | ' | ||
Loans and leases not covered by loss share agreements, net of allowance for loan and lease losses | 11,480,252 | ' | 11,238,597 | ' | ' | ' | ||
FDIC Indemnification Asset | 28,450 | [3] | ' | 100,161 | [3] | ' | ' | ' |
Income earned not collected | 46,110 | ' | 47,666 | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Preferred stock | 32,996 | ' | 40,793 | ' | ' | ' | ||
Deposits | 18,089,336 | ' | 18,126,893 | ' | ' | ' | ||
Short-term borrowings | 604,435 | ' | 568,505 | ' | ' | ' | ||
Long-term obligations | 530,080 | ' | 472,642 | ' | ' | ' | ||
Payable to FDIC for loss share agreements | 123,321 | ' | 125,065 | ' | ' | ' | ||
Accrued interest payable | 6,051 | ' | 9,353 | ' | ' | ' | ||
Derivative Liability, Fair Value, Gross Liability | 7,909 | ' | 10,398 | ' | ' | ' | ||
Fair Value | Investment In Federal Home Loan Bank Of Atlanta Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | 31,938 | ' | 36,139 | ' | ' | ' | ||
Fair Value | Investment In Federal Home Loan Bank Of San Francisco Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | 7,024 | ' | 10,107 | ' | ' | ' | ||
Fair Value | Investment In Federal Home Loan Bank Of Seattle Stock | ' | ' | ' | ' | ' | ' | ||
Stock issued by: | ' | ' | ' | ' | ' | ' | ||
Stock issued by Federal Home Loan Bank | $4,290 | ' | $4,410 | ' | ' | ' | ||
[1] | Unaudited | |||||||
[2] | Derived from 2012 Annual Report on Form 10-K. | |||||||
[3] | The fair value of the FDIC receivable excludes receivable related to accretable yield to be amortized in prospective periods. |
Estimated_Fair_Values_Narrativ
Estimated Fair Values (Narrative) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | ||
In Thousands, unless otherwise specified | |||||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Total investment securities available for sale, fair value | $5,161,585 | [1] | $5,226,228 | [2] | ' |
Liability transfers between Level 1 and Level 2 | 0 | ' | 0 | ||
Asset transfers between Level 1 and Level 2 | 0 | ' | 0 | ||
Liability transfers between Level 2 and Level 1 | 0 | ' | 0 | ||
Asset transfers between Level 2 and Level 1 | 0 | ' | 0 | ||
Fair value of investment securities with nonobservable inputs | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | ' | ' | ' | ||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Liability measured at fair value on nonrecurring basis | 0 | 0 | 0 | ||
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3 | ' | ' | ' | ||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Total investment securities available for sale, fair value | 0 | 0 | 0 | ||
Fair Value, Measurements, Recurring | Fair Value | ' | ' | ' | ||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Total investment securities available for sale, fair value | $5,161,585 | $5,226,228 | ' | ||
Minimum | ' | ' | ' | ||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Discounts for collateral value estimates due to estimated holding and selling costs (percent) | 10.00% | ' | ' | ||
Maximum | ' | ' | ' | ||
Estimated Fair Values [Line Items] | ' | ' | ' | ||
Discounts for collateral value estimates due to estimated holding and selling costs (percent) | 14.00% | ' | ' | ||
[1] | Unaudited | ||||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Estimated_Fair_Values_Assets_A
Estimated Fair Values (Assets And Liabilities Carried At Fair Value On A Recurring Basis) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | ||
In Thousands, unless otherwise specified | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | $5,161,585 | [1] | $5,226,228 | [2] | ' |
Fair Value, Measurements, Recurring | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 5,161,585 | 5,226,228 | ' | ||
Interest rate swaps accounted for as cash flow hedges | 7,909 | 10,398 | ' | ||
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Interest rate swaps accounted for as cash flow hedges | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 5,161,585 | 5,226,228 | ' | ||
Interest rate swaps accounted for as cash flow hedges | 7,909 | 10,398 | ' | ||
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | 0 | ||
Interest rate swaps accounted for as cash flow hedges | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | U.S. Treasury | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 448,532 | 823,632 | ' | ||
Fair Value, Measurements, Recurring | U.S. Treasury | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | U.S. Treasury | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 448,532 | 823,632 | ' | ||
Fair Value, Measurements, Recurring | U.S. Treasury | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Government Agency | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 2,584,780 | 3,055,204 | ' | ||
Fair Value, Measurements, Recurring | Government Agency | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Government Agency | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 2,584,780 | 3,055,204 | ' | ||
Fair Value, Measurements, Recurring | Government Agency | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Mortgage Backed Securities, Other [Member] | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 2,106,032 | 1,329,657 | ' | ||
Fair Value, Measurements, Recurring | Mortgage Backed Securities, Other [Member] | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Mortgage Backed Securities, Other [Member] | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 2,106,032 | 1,329,657 | ' | ||
Fair Value, Measurements, Recurring | Mortgage Backed Securities, Other [Member] | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Other Debt Obligations | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 830 | 820 | ' | ||
Fair Value, Measurements, Recurring | Other Debt Obligations | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Other Debt Obligations | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 830 | 820 | ' | ||
Fair Value, Measurements, Recurring | Other Debt Obligations | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Equity Securities | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 21,224 | 16,365 | ' | ||
Fair Value, Measurements, Recurring | Equity Securities | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | Equity Securities | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 21,224 | 16,365 | ' | ||
Fair Value, Measurements, Recurring | Equity Securities | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | State, County, Municipal | Fair Value | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 187 | 550 | ' | ||
Fair Value, Measurements, Recurring | State, County, Municipal | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 0 | 0 | ' | ||
Fair Value, Measurements, Recurring | State, County, Municipal | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | 187 | 550 | ' | ||
Fair Value, Measurements, Recurring | State, County, Municipal | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ||
Investment securities available for sale | $0 | $0 | ' | ||
[1] | Unaudited | ||||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Estimated_Fair_Values_Assets_A1
Estimated Fair Values (Assets And Liabilities Carried At Fair Value On A Nonrecurring Basis) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2011 | |||
In Thousands, unless otherwise specified | |||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | |||
Not covered under loss share agreements in other real estate owned | $40,338 | [1] | $43,513 | [2] | $45,063 | [1] | $50,399 |
Fair Value, Measurements, Nonrecurring | Fair Value | ' | ' | ' | ' | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | |||
Loans held for sale | 23,728 | 65,244 | ' | ' | |||
Impaired loans not covered by loss share agreements | 90,211 | 51,644 | ' | ' | |||
Not covered under loss share agreements in other real estate owned | 4,596 | 21,113 | ' | ' | |||
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1 Inputs) | ' | ' | ' | ' | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | |||
Loans held for sale | 0 | 0 | ' | ' | |||
Impaired loans not covered by loss share agreements | 0 | 0 | ' | ' | |||
Not covered under loss share agreements in other real estate owned | 0 | 0 | ' | ' | |||
Fair Value, Measurements, Nonrecurring | Quoted Prices for Similar Assets and Liabilities (Level 2 Inputs) | ' | ' | ' | ' | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | |||
Loans held for sale | 23,728 | 65,244 | ' | ' | |||
Impaired loans not covered by loss share agreements | 0 | 0 | ' | ' | |||
Not covered under loss share agreements in other real estate owned | 0 | 0 | ' | ' | |||
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3 Inputs) | ' | ' | ' | ' | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | |||
Loans held for sale | 0 | 0 | ' | ' | |||
Impaired loans not covered by loss share agreements | 90,211 | 51,644 | ' | ' | |||
Not covered under loss share agreements in other real estate owned | $4,596 | $21,113 | ' | ' | |||
[1] | Unaudited | ||||||
[2] | Derived from 2012 Annual Report on Form 10-K. |
Employee_Benefit_Plans_Compone
Employee Benefit Plans (Components Of Pension Expense) (Details) (Defined Benefit Pension, USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Defined Benefit Pension | ' | ' | ' | ' |
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | ' | ' | ' |
Service cost | $3,765 | $4,012 | $12,248 | $10,387 |
Interest cost | 5,460 | 7,151 | 17,764 | 17,293 |
Expected return on assets | -6,393 | -8,576 | -20,798 | -20,710 |
Amortization of prior service cost | 53 | 53 | 158 | 158 |
Amortization of net actuarial loss | 4,245 | 2,735 | 12,738 | 8,210 |
Total pension expense | $7,130 | $5,375 | $22,110 | $15,338 |
Employee_Benefit_Plans_Narrati
Employee Benefit Plans (Narrative) (Details) (Defined Benefit Pension) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Defined Benefit Pension | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' |
Assumed discount rate (percent) | 4.00% | 4.75% |
Expected long-term rate of return on plan assets (percent) | 7.25% | 7.50% |
Assumed rate of salary increases (percent) | 4.00% | 4.00% |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Income Tax Disclosure [Abstract] | ' | ' | ' | ' | ' |
Income tax expense | $25,659 | $19,974 | $82,012 | $49,009 | ' |
Effective tax rates (percent) | 38.50% | 33.60% | 36.90% | 30.30% | ' |
Unrecognized Tax Benefits, Decreases Resulting from Prior Period Tax Positions | ' | ' | ' | ' | $6,449 |
Commitments_and_Contingencies_
Commitments and Contingencies (Details) (USD $) | 1 Months Ended | 9 Months Ended | |||||||||
In Thousands, unless otherwise specified | Feb. 28, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
Directors | Commitments to Extend Credit | Commitments to Extend Credit | Standby Letters of Credit | Standby Letters of Credit | Recourse Obligation on Mortgage Loans Sold | Recourse Obligation on Mortgage Loans Sold | Obligation to Repurchase Receivables Sold | Obligation to Repurchase Receivables Sold | |||
Guarantor Obligations [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unused commitments | ' | ' | ' | $5,788,492 | $5,467,998 | ' | ' | ' | ' | ' | ' |
Guarantor obligations amount | ' | ' | ' | ' | ' | 56,941 | 63,085 | 200,379 | 205,888 | ' | ' |
Reserve for estimated losses arising from repurchase of loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,641 | 4,065 |
Recourse Period, Maximum1 | ' | ' | ' | ' | ' | ' | ' | '120 days | ' | ' | ' |
Number of directors in complaint | 5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Payable to FDIC for loss share agreements | ' | $107,419 | $101,641 | ' | ' | ' | ' | ' | ' | ' | ' |
Derivatives_Narrative_Details
Derivatives (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Derivative [Line Items] | ' | ' | ' | ' |
Fair value of collateral pledged to secure interest rate contracts | $9,651 | ' | $9,651 | ' |
Incremental interest expense paid to interest rate swap counterparties | 831 | 769 | 2,463 | 2,294 |
2011 Interest Rate Swap | ' | ' | ' | ' |
Derivative [Line Items] | ' | ' | ' | ' |
Notional amount of interest rate derivatives | $93,500 | ' | $93,500 | ' |
Fixed rate payments, interest rate | 5.50% | ' | 5.50% | ' |
Variable rate payment rate | 1.75% | ' | 1.75% | ' |
2006 Interest Rate Swap | ' | ' | ' | ' |
Derivative [Line Items] | ' | ' | ' | ' |
Variable rate payment rate | 1.75% | ' | 1.75% | ' |
2009 Interest Rate Swap | ' | ' | ' | ' |
Derivative [Line Items] | ' | ' | ' | ' |
Variable rate payment rate | 1.75% | ' | 1.75% | ' |
Derivatives_Schedule_Of_Intere
Derivatives (Schedule Of Interest Rate Swaps) (Details) (2011 Interest Rate Swap, USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
2011 Interest Rate Swap | ' | ' |
Derivative [Line Items] | ' | ' |
Estimated fair value of liability | $7,909 | $10,398 |
Derivative, Notional Amount | $93,500 | $93,500 |
Derivatives_Activity_In_Accumu
Derivatives (Activity In Accumulated Other Comprehensive Income (Loss) Related To Interest Rate Swaps) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 |
In Thousands, unless otherwise specified | Interest Rate Swap | Interest Rate Swap | Interest Rate Swap | Interest Rate Swap | Interest Rate Swap | ||
Derivatives, Fair Value [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), before Tax | ($156,536) | ($134,923) | ($7,909) | ($11,170) | ($10,398) | ($10,714) | ' |
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred | ' | ' | ' | ' | ' | ' | 1,927 |
Accumulated Other Comprehensive Income (Loss) from Interest Rate Swaps [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
Other comprehensive income (loss) recognized during the period | ' | ' | $2,489 | ($456) | ' | ' | ' |
Accumulated_Other_Comprehensiv2
Accumulated Other Comprehensive Loss (Schedule Of Accumulated Other Comprehensive Income) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||||||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | ||||||||
Accumulated Other Comprehensive Income (Loss), before Tax | ($156,536) | ' | ($156,536) | ' | ' | ($134,923) | ' | ' | ||||||||
Long-term obligations | 179,183 | 215,356 | 563,593 | 651,740 | ' | ' | ' | ' | ||||||||
Deferred tax expense (benefit) | -60,991 | ' | -60,991 | ' | ' | -52,817 | ' | ' | ||||||||
Accumulated other comprehensive income (loss), net of tax | -95,545 | [1] | -51,986 | -95,545 | [1] | -51,986 | -100,176 | -82,106 | [2] | -62,407 | -66,574 | |||||
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | -2,668 | [3] | -2,142 | [3] | -8,887 | [3] | -6,458 | [3] | ' | ' | ' | ' | ||||
Securities gains (losses) | 0 | 31 | 0 | -11 | ' | ' | ' | ' | ||||||||
Reclassification adjustment for losses included in income before income taxes | 4,298 | 2,788 | 12,896 | 8,368 | ' | ' | ' | ' | ||||||||
Unrealized Gains on Investment Securities Available for Sale | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
Accumulated Other Comprehensive Income (Loss), before Tax | -3,189 | ' | -3,189 | ' | ' | 33,809 | ' | ' | ||||||||
Deferred tax expense (benefit) | -1,365 | ' | -1,365 | ' | ' | 13,292 | ' | ' | ||||||||
Accumulated other comprehensive income (loss), net of tax | -1,824 | [4] | 25,888 | [4] | -1,824 | [4] | 25,888 | [4] | -4,117 | [4] | 20,517 | [4] | 17,073 | [4] | 16,115 | [4] |
Income taxes | 0 | [3] | -12 | [3] | 0 | [3] | -13 | [3] | ' | ' | ' | ' | ||||
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | 0 | [3],[4] | 19 | [3],[4] | 0 | [3],[4] | 21 | [3],[4] | ' | ' | ' | ' | ||||
Securities gains (losses) | 0 | [3] | 31 | [3] | 0 | [3] | 34 | [3] | ' | ' | ' | ' | ||||
Funded Status of Defined Benefit Plan | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
Accumulated Other Comprehensive Income (Loss), before Tax | -145,438 | ' | -145,438 | ' | ' | -158,334 | ' | ' | ||||||||
Deferred tax expense (benefit) | -56,575 | ' | -56,575 | ' | ' | -62,003 | ' | ' | ||||||||
Accumulated other comprehensive income (loss), net of tax | -88,863 | [4] | -71,114 | [4] | -88,863 | [4] | -71,114 | [4] | -91,100 | [4] | -96,331 | [4] | -72,810 | [4] | -76,205 | [4] |
Income taxes | 2,061 | [3] | 1,092 | [3] | 5,428 | [3] | 3,277 | [3] | ' | ' | ' | ' | ||||
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | -2,237 | [3],[4] | -1,696 | [3],[4] | -7,468 | [3],[4] | -5,091 | [3],[4] | ' | ' | ' | ' | ||||
Employee Benefits, prior service costs | -53 | [3] | -53 | [3] | -158 | [3] | -158 | [3] | ' | ' | ' | ' | ||||
Reclassification adjustment for losses included in income before income taxes | -4,245 | [3] | -2,735 | [3] | -12,738 | [3] | -8,210 | [3] | ' | ' | ' | ' | ||||
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, before Tax | -4,298 | -2,788 | [3] | -12,896 | -8,368 | [3] | ' | ' | ' | ' | ||||||
Unrealized Loss on Cash Flow Hedges | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
Accumulated Other Comprehensive Income (Loss), before Tax | -7,909 | ' | -7,909 | ' | ' | -10,398 | ' | ' | ||||||||
Long-term obligations | -831 | [3] | -769 | [3] | -2,463 | [3] | -2,294 | [3] | ' | ' | ' | ' | ||||
Deferred tax expense (benefit) | -3,051 | ' | -3,051 | ' | ' | -4,106 | ' | ' | ||||||||
Accumulated other comprehensive income (loss), net of tax | -4,858 | [4] | -6,760 | [4] | -4,858 | [4] | -6,760 | [4] | -4,959 | [4] | -6,292 | [4] | -6,670 | [4] | -6,484 | [4] |
Income taxes | 400 | [3] | 304 | [3] | 1,044 | [3] | 906 | [3] | ' | ' | ' | ' | ||||
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | ($431) | [3],[4] | ($465) | [3],[4] | ($1,419) | [3],[4] | ($1,388) | [3],[4] | ' | ' | ' | ' | ||||
[1] | Unaudited | |||||||||||||||
[2] | Derived from 2012 Annual Report on Form 10-K. | |||||||||||||||
[3] | Amounts in parentheses indicate debits to profit/loss.Details about accumulated other comprehensive lossB Amount reclassified from accumulated other comprehensive loss1B Affected line item in the statement where net income is presented (dollars in thousands) Nine months ended September 30, 2013 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,463)B Long-term obligations 1,044B Income taxes $(1,419)B Net incomeUnrealized gains and losses on available for sale securities $bB Securities gains (losses) bB Income taxes $bB Net incomeAmortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (12,738)B Employee benefits (12,896)B Income before income taxes 5,428B Income taxes $(7,468)B Net incomeTotal reclassifications for the periodB $(8,887) Nine months ended September 30, 2012 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,294)B Long-term obligations 906B Income taxes $(1,388)B Net income Unrealized gains and losses on available for sale securities $34B Securities gains (losses) (13)B Income taxes $21B Net income Amortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (8,210)B Employee benefits (8,368)B Income before income taxes 3,277B Income taxes $(5,091)B Net incomeTotal reclassifications for the periodB $(6,458) 1 Amounts in parentheses indicate debits to profit/loss. | |||||||||||||||
[4] | All amounts are net of tax. Amounts in parentheses indicate debits. |
Accumulated_Other_Comprehensiv3
Accumulated Other Comprehensive Loss (Components of AOCI) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ||||
Beginning balance | ($100,176) | ($62,407) | ($82,106) | [1] | ($66,574) | |||
Other comprehensive income (loss) before reclassifications | 1,963 | 8,279 | -22,326 | 8,130 | ||||
Amounts reclassified from accumulated other comprehensive income | 2,668 | [2] | 2,142 | [2] | 8,887 | [2] | 6,458 | [2] |
Net current period other comprehensive income (loss) | 4,631 | 10,421 | -13,439 | 14,588 | ||||
Ending balance | -95,545 | [3] | -51,986 | -95,545 | [3] | -51,986 | ||
Unrealized Loss on Cash Flow Hedges | ' | ' | ' | ' | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ||||
Beginning balance | -4,959 | [4] | -6,670 | [4] | -6,292 | [4] | -6,484 | [4] |
Other comprehensive income (loss) before reclassifications | -330 | [4] | -555 | [4] | 15 | [4] | -1,664 | [4] |
Amounts reclassified from accumulated other comprehensive income | 431 | [2],[4] | 465 | [2],[4] | 1,419 | [2],[4] | 1,388 | [2],[4] |
Net current period other comprehensive income (loss) | 101 | [4] | -90 | [4] | 1,434 | [4] | -276 | [4] |
Ending balance | -4,858 | [4] | -6,760 | [4] | -4,858 | [4] | -6,760 | [4] |
Unrealized Gains on Investment Securities Available for Sale | ' | ' | ' | ' | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ||||
Beginning balance | -4,117 | [4] | 17,073 | [4] | 20,517 | [4] | 16,115 | [4] |
Other comprehensive income (loss) before reclassifications | 2,293 | [4] | 8,834 | [4] | -22,341 | [4] | 9,794 | [4] |
Amounts reclassified from accumulated other comprehensive income | 0 | [2],[4] | -19 | [2],[4] | 0 | [2],[4] | -21 | [2],[4] |
Net current period other comprehensive income (loss) | 2,293 | [4] | 8,815 | [4] | -22,341 | [4] | 9,773 | [4] |
Ending balance | -1,824 | [4] | 25,888 | [4] | -1,824 | [4] | 25,888 | [4] |
Defined Benefit Pension Items | ' | ' | ' | ' | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ||||
Beginning balance | -91,100 | [4] | -72,810 | [4] | -96,331 | [4] | -76,205 | [4] |
Other comprehensive income (loss) before reclassifications | 0 | [4] | 0 | [4] | 0 | [4] | 0 | [4] |
Amounts reclassified from accumulated other comprehensive income | 2,237 | [2],[4] | 1,696 | [2],[4] | 7,468 | [2],[4] | 5,091 | [2],[4] |
Net current period other comprehensive income (loss) | 2,237 | [4] | 1,696 | [4] | 7,468 | [4] | 5,091 | [4] |
Ending balance | ($88,863) | [4] | ($71,114) | [4] | ($88,863) | [4] | ($71,114) | [4] |
[1] | Derived from 2012 Annual Report on Form 10-K. | |||||||
[2] | Amounts in parentheses indicate debits to profit/loss.Details about accumulated other comprehensive lossB Amount reclassified from accumulated other comprehensive loss1B Affected line item in the statement where net income is presented (dollars in thousands) Nine months ended September 30, 2013 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,463)B Long-term obligations 1,044B Income taxes $(1,419)B Net incomeUnrealized gains and losses on available for sale securities $bB Securities gains (losses) bB Income taxes $bB Net incomeAmortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (12,738)B Employee benefits (12,896)B Income before income taxes 5,428B Income taxes $(7,468)B Net incomeTotal reclassifications for the periodB $(8,887) Nine months ended September 30, 2012 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,294)B Long-term obligations 906B Income taxes $(1,388)B Net income Unrealized gains and losses on available for sale securities $34B Securities gains (losses) (13)B Income taxes $21B Net income Amortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (8,210)B Employee benefits (8,368)B Income before income taxes 3,277B Income taxes $(5,091)B Net incomeTotal reclassifications for the periodB $(6,458) 1 Amounts in parentheses indicate debits to profit/loss. | |||||||
[3] | Unaudited | |||||||
[4] | All amounts are net of tax. Amounts in parentheses indicate debits. |
Accumulated_Other_Comprehensiv4
Accumulated Other Comprehensive Loss (Reclassifications out of AOCI) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | ||||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
Long-term obligations | $179,183 | $215,356 | $563,593 | $651,740 | ||||
Securities gains (losses) | 0 | 31 | 0 | -11 | ||||
Reclassification adjustment for losses included in income before income taxes | 4,298 | 2,788 | 12,896 | 8,368 | ||||
Amounts reclassified from accumulated other comprehensive income, net of tax | 2,668 | [1] | 2,142 | [1] | 8,887 | [1] | 6,458 | [1] |
Unrealized Loss on Cash Flow Hedges | ' | ' | ' | ' | ||||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
Long-term obligations | -831 | [1] | -769 | [1] | -2,463 | [1] | -2,294 | [1] |
Income taxes | 400 | [1] | 304 | [1] | 1,044 | [1] | 906 | [1] |
Amounts reclassified from accumulated other comprehensive income, net of tax | 431 | [1],[2] | 465 | [1],[2] | 1,419 | [1],[2] | 1,388 | [1],[2] |
Unrealized Gains on Investment Securities Available for Sale | ' | ' | ' | ' | ||||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
Securities gains (losses) | 0 | [1] | 31 | [1] | 0 | [1] | 34 | [1] |
Income taxes | 0 | [1] | -12 | [1] | 0 | [1] | -13 | [1] |
Amounts reclassified from accumulated other comprehensive income, net of tax | 0 | [1],[2] | -19 | [1],[2] | 0 | [1],[2] | -21 | [1],[2] |
Defined Benefit Pension Items | ' | ' | ' | ' | ||||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
Employee Benefits, prior service costs | -53 | [1] | -53 | [1] | -158 | [1] | -158 | [1] |
Reclassification adjustment for losses included in income before income taxes | -4,245 | [1] | -2,735 | [1] | -12,738 | [1] | -8,210 | [1] |
Total before taxes | -4,298 | -2,788 | [1] | -12,896 | -8,368 | [1] | ||
Income taxes | 2,061 | [1] | 1,092 | [1] | 5,428 | [1] | 3,277 | [1] |
Amounts reclassified from accumulated other comprehensive income, net of tax | $2,237 | [1],[2] | $1,696 | [1],[2] | $7,468 | [1],[2] | $5,091 | [1],[2] |
[1] | Amounts in parentheses indicate debits to profit/loss.Details about accumulated other comprehensive lossB Amount reclassified from accumulated other comprehensive loss1B Affected line item in the statement where net income is presented (dollars in thousands) Nine months ended September 30, 2013 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,463)B Long-term obligations 1,044B Income taxes $(1,419)B Net incomeUnrealized gains and losses on available for sale securities $bB Securities gains (losses) bB Income taxes $bB Net incomeAmortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (12,738)B Employee benefits (12,896)B Income before income taxes 5,428B Income taxes $(7,468)B Net incomeTotal reclassifications for the periodB $(8,887) Nine months ended September 30, 2012 Gains and losses on cash flow hedges Interest rate swap contractsB $(2,294)B Long-term obligations 906B Income taxes $(1,388)B Net income Unrealized gains and losses on available for sale securities $34B Securities gains (losses) (13)B Income taxes $21B Net income Amortization of defined benefit pension items Prior service costsB $(158)B Employee benefits Actuarial gainsB (8,210)B Employee benefits (8,368)B Income before income taxes 3,277B Income taxes $(5,091)B Net incomeTotal reclassifications for the periodB $(6,458) 1 Amounts in parentheses indicate debits to profit/loss. | |||||||
[2] | All amounts are net of tax. Amounts in parentheses indicate debits. |