Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Oct. 31, 2013 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'CATHAY GENERAL BANCORP | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 79,060,396 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0000861842 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (Unaudited) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Assets | ' | ' |
Cash and due from banks | $201,815 | $144,909 |
Short-term investments and interest bearing deposits | 389,024 | 411,983 |
Securities held-to-maturity (market value of $823,906 in 2012) | ' | 773,768 |
Securities available-for-sale (amortized cost of $1,779,859 in 2013 and $1,290,676 in 2012) | 1,743,309 | 1,291,480 |
Trading securities | 4,855 | 4,703 |
Loans | 7,832,013 | 7,429,147 |
Less: Allowance for loan losses | -181,452 | -183,322 |
Unamortized deferred loan fees, net | -12,933 | -10,238 |
Loans, net | 7,637,628 | 7,235,587 |
Federal Home Loan Bank stock | 28,683 | 41,272 |
Other real estate owned, net | 49,777 | 46,384 |
Affordable housing investments, net | 86,381 | 85,037 |
Premises and equipment, net | 102,379 | 102,613 |
Customers’ liability on acceptances | 42,533 | 41,271 |
Accrued interest receivable | 23,367 | 26,015 |
Goodwill | 316,340 | 316,340 |
Other intangible assets, net | 2,765 | 6,132 |
Other assets | 192,590 | 166,595 |
Total assets | 10,821,446 | 10,694,089 |
Deposits | ' | ' |
Non-interest-bearing demand deposits | 1,385,430 | 1,269,455 |
Interest-bearing deposits: | ' | ' |
NOW deposits | 653,903 | 593,133 |
Money market deposits | 1,303,121 | 1,186,771 |
Savings deposits | 498,246 | 473,805 |
Time deposits under $100,000 | 889,828 | 644,191 |
Time deposits of $100,000 or more | 3,188,015 | 3,215,870 |
Total deposits | 7,918,543 | 7,383,225 |
Securities sold under agreements to repurchase | 800,000 | 1,250,000 |
Advances from the Federal Home Loan Bank | 376,200 | 146,200 |
Other borrowings for affordable housing investments | 19,108 | 18,713 |
Long-term debt | 171,136 | 171,136 |
Acceptances outstanding | 42,533 | 41,271 |
Other liabilities | 58,624 | 54,040 |
Total liabilities | 9,386,144 | 9,064,585 |
Commitments and contingencies | 0 | 0 |
Stockholders’ Equity | ' | ' |
Preferred stock, 10,000,000 shares authorized, none issued and outstanding at September 30, 2013, and 258,000 issued and outstanding at December 31, 2012 | ' | 254,580 |
Common stock, $0.01 par value, 100,000,000 shares authorized, 83,113,308 issued and 78,905,743 outstanding at September 30, 2013, and 82,985,853 issued and 78,778,288 outstanding at December 31, 2012 | 831 | 830 |
Additional paid-in-capital | 771,759 | 768,925 |
Accumulated other comprehensive (loss)/income, net | -21,183 | 465 |
Retained earnings | 801,184 | 721,993 |
Treasury stock, at cost (4,207,565 shares at September 30, 2013, and at December 31, 2012) | -125,736 | -125,736 |
Total Cathay General Bancorp stockholders' equity | 1,426,855 | 1,621,057 |
Noncontrolling interest | 8,447 | 8,447 |
Total equity | 1,435,302 | 1,629,504 |
Total liabilities and equity | $10,821,446 | $10,694,089 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, except Share data, unless otherwise specified | ||
Securities held-to-maturity, market value (in Dollars) | ' | $823,906 |
Securities available-for-sale, amortized cost (in Dollars) | $1,779,859 | $1,290,676 |
Preferred stock shares authorized (in Shares) | 10,000,000 | 10,000,000 |
Preferred stock shares issued (in Shares) | 0 | 258,000 |
Preferred stock shares outstanding (in Shares) | 0 | 258,000 |
Common stock par value (in Dollars per share) | $0.01 | $0.01 |
Common stock shares authorized (in Shares) | 100,000,000 | 100,000,000 |
Common stock shares issued (in Shares) | 83,113,308 | 82,985,853 |
Common stock shares outstanding (in Shares) | 78,905,743 | 78,778,288 |
Treasury stock shares (in Shares) | 4,207,565 | 4,207,565 |
Condensd_Consolidated_Statemen
Condensd Consolidated Statements of Operations and Comprehensive Income (Unaudited) (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 and Dividend Income | ' | ' | ' | ' |
Loans receivable, including loan fees | $90,838 | $90,024 | $267,557 | $269,486 |
Investment securities- taxable | 10,868 | 15,157 | 34,986 | 50,046 |
Investment securities- nontaxable | ' | 1,036 | 995 | 3,127 |
Federal Home Loan Bank stock | 449 | 57 | 1,041 | 190 |
Federal funds sold and securities purchased under agreements to resell | ' | 2 | ' | 18 |
Deposits with banks | 307 | 471 | 796 | 1,596 |
Total interest and dividend income | 102,462 | 106,747 | 305,375 | 324,463 |
Interest Expense | ' | ' | ' | ' |
Time deposits of $100,000 or more | 6,887 | 7,970 | 20,466 | 26,152 |
Other deposits | 3,485 | 3,261 | 9,244 | 11,045 |
Securities sold under agreements to repurchase | 8,402 | 13,734 | 29,778 | 42,987 |
Advances from Federal Home Loan Bank | 150 | 74 | 375 | 196 |
Long-term debt | 930 | 1,291 | 2,778 | 3,895 |
Total interest expense | 19,854 | 26,330 | 62,641 | 84,275 |
Net interest income before provision for credit losses | 82,608 | 80,417 | 242,734 | 240,188 |
Provision/(credit) for loan losses | -3,000 | ' | -3,000 | -9,000 |
Net interest income after provision/(credit) for loan losses | 85,608 | 80,417 | 245,734 | 249,188 |
Non-Interest Income | ' | ' | ' | ' |
Securities gains, net | 8,688 | 8,652 | 27,157 | 13,241 |
Letters of credit commissions | 1,698 | 1,728 | 4,608 | 4,873 |
Depository service fees | 1,371 | 1,342 | 4,330 | 4,114 |
Other operating income | 4,963 | 3,900 | 15,867 | 12,077 |
Total non-interest income | 16,720 | 15,622 | 51,962 | 34,305 |
Non-interest Expense | ' | ' | ' | ' |
Salaries and employee benefits | 22,751 | 18,451 | 67,192 | 58,426 |
Occupancy expense | 3,812 | 3,853 | 10,966 | 10,926 |
Computer and equipment expense | 2,446 | 2,340 | 7,488 | 7,194 |
Professional services expense | 5,813 | 5,273 | 18,484 | 15,224 |
FDIC and State assessments | 1,712 | 2,094 | 5,431 | 6,554 |
Marketing expense | 1,097 | 519 | 2,703 | 3,408 |
Other real estate owned expense | 527 | 1,794 | 886 | 13,548 |
Operations of affordable housing investments, net | 1,234 | 476 | 4,952 | 4,387 |
Amortization of core deposit intangibles | 1,363 | 1,404 | 4,097 | 4,265 |
Costs associated with debt redemption | 6,861 | 3,450 | 22,557 | 6,200 |
Other operating expense | 3,054 | 8,190 | 8,758 | 12,925 |
Total non-interest expense | 50,670 | 47,844 | 153,514 | 143,057 |
Income before income tax expense | 51,658 | 48,195 | 144,182 | 140,436 |
Income tax expense | 19,029 | 17,686 | 52,489 | 50,852 |
Net income | 32,629 | 30,509 | 91,693 | 89,584 |
Less: net income attributable to noncontrolling interest | 151 | 151 | 452 | 452 |
Net income attributable to Cathay General Bancorp | 32,478 | 30,358 | 91,241 | 89,132 |
Dividends on preferred stock and noncash charge from repayment | -2,434 | -4,123 | -9,685 | -12,361 |
Net income attributable to common stockholders | 30,044 | 26,235 | 81,556 | 76,771 |
Other comprehensive (loss)/income, net of tax | ' | ' | ' | ' |
Unrealized holding (loss)/gain arising during the period | -1,074 | 10,650 | -5,908 | 18,353 |
Less: reclassification adjustments included in net income | 5,036 | 5,015 | 15,740 | 7,674 |
Total other comprehensive (loss)/gain, net of tax | -6,110 | 5,635 | -21,648 | 10,679 |
Total comprehensive income | $26,368 | $35,993 | $69,593 | $99,811 |
Net income per common share: | ' | ' | ' | ' |
Basic (in Dollars per share) | $0.38 | $0.33 | $1.03 | $0.98 |
Diluted (in Dollars per share) | $0.38 | $0.33 | $1.03 | $0.98 |
Cash dividends paid per common share (in Dollars per share) | $0.01 | $0.01 | $0.03 | $0.03 |
Average common shares outstanding | ' | ' | ' | ' |
Basic (in Shares) | 78,894,262 | 78,729,272 | 78,853,333 | 78,706,150 |
Diluted (in Shares) | 79,114,122 | 78,731,180 | 78,944,152 | 78,711,235 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Cash Flows from Operating Activities | ' | ' |
Net income | $91,693 | $89,584 |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | ' | ' |
Credit for loan losses | -3,000 | -9,000 |
Provision/(credit) for losses on other real estate owned | -675 | 10,362 |
Deferred tax (asset)/liability | -12,325 | 5,901 |
Depreciation | 4,899 | 4,435 |
Net losses on sale and transfer of other real estate owned | -843 | -700 |
Net gains on sale of loans | -864 | -618 |
Proceeds from sales of loans | 41,219 | 58,505 |
Originations of loans held-for-sale | -40,356 | -57,861 |
Net change in trading securities | -152 | -79 |
Write-downs on venture capital investments | 295 | 226 |
Gain on sales and calls of securities | -27,157 | -13,241 |
Amortization/accretion of security premiums/discounts, net | 3,439 | 3,800 |
Amortization of other intangible assets | 4,192 | 4,368 |
Excess tax short-fall from share-based payment arrangements | 143 | 679 |
Stock based compensation and stock issued to officers as compensation | 2,775 | 2,251 |
Net change in accrued interest receivable and other assets | 24,875 | 31,746 |
Net change in other liabilities | 4,195 | -3,999 |
Net cash provided by operating activities | 92,353 | 126,359 |
Cash Flows from Investing Activities | ' | ' |
Decrease/(increase) in short-term investments | 22,959 | -131,500 |
Purchase of investment securities available-for-sale | -1,026,659 | -971,983 |
Proceeds from sale of investment securities available-for-sale | 903,915 | 429,923 |
Proceeds from repayments, maturities and calls of investment securities available-for-sale | 367,026 | 572,957 |
Proceeds from repayments, maturities and calls of investment securities held-to-maturity | 50,973 | 301,981 |
Redemptions of Federal Home Loan Bank stock | 12,589 | 7,496 |
Net increase in loans | -413,405 | -224,244 |
Purchase of premises and equipment | -4,734 | -2,312 |
Proceeds from sale of other real estate owned | 9,926 | 33,167 |
Net increase in investment in affordable housing | -6,167 | -2,639 |
Net cash (used in)/provided by investing activities | -83,577 | 12,846 |
Cash Flows from Financing Activities | ' | ' |
Net increase in deposits | 534,306 | 124,090 |
Net decrease in federal funds purchased and securities sold under agreements to repurchase | -450,000 | -50,000 |
Advances from Federal Home Loan Bank | 1,742,396 | 406,200 |
Repayment of Federal Home Loan Bank borrowings | -1,512,000 | -610,000 |
Cash dividends paid | -8,631 | -12,036 |
Redemption of series B preferred stock | -258,000 | ' |
Repayment of other borrowings | ' | -880 |
Proceeds from shares issued under Dividend Reinvestment Plan | 202 | 211 |
Proceeds from exercise of stock options | ' | 647 |
Excess tax short-fall from share-based payment arrangements | -143 | -679 |
Net cash provided by/(used in) financing activities | 48,130 | -142,447 |
(Decrease)/increase in cash and cash equivalents | 56,906 | -3,242 |
Cash and cash equivalents, beginning of the period | 144,909 | 117,888 |
Cash and cash equivalents, end of the period | 201,815 | 114,646 |
Cash paid during the period: | ' | ' |
Interest | 65,372 | 87,383 |
Income taxes paid | 55,537 | 24,908 |
Non-cash investing and financing activities: | ' | ' |
Net change in unrealized holding (loss)/gain on securities available-for-sale, net of tax | -21,648 | 10,679 |
Transfers investment securities to available-for-sale from held-to-maturity | 722,466 | ' |
Transfers to other real estate owned from loans held for investment | 11,877 | 13,216 |
Loans transferred from held for investment to held for sale, net | ' | 234 |
Loans to facilitate the sale of other real estate owned | 75 | 1,785 |
Transfer of securities sold but not yet settled to other assets | $12,469 | ' |
Note_1_Business
Note 1 - Business | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Text Block [Abstract] | ' |
Nature of Operations [Text Block] | ' |
1. Business | |
Cathay General Bancorp (“Bancorp”) is the holding company for Cathay Bank (the “Bank” and, together, the “Company”), six limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner, and GBC Venture Capital, Inc. The Bancorp also owns 100% of the common stock of five statutory business trusts created for the purpose of issuing capital securities. The Bank was founded in 1962 and offers a wide range of financial services. As of September 30, 2013, the Bank operated twenty branches in Southern California, eleven branches in Northern California, eight branches in New York State, three branches in Illinois, three branches in Washington State, two branches in Texas, one branch in Massachusetts, one branch in New Jersey, one branch in Nevada, one branch in Hong Kong, and a representative office in Shanghai and in Taipei. Deposit accounts at the Hong Kong branch are not insured by the Federal Deposit Insurance Corporation (the “FDIC”). |
Note_2_Basis_of_Presentation
Note 2 - Basis of Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Text Block [Abstract] | ' |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' |
2. Basis of Presentation | |
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. For further information, refer to the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012. | |
The preparation of the condensed consolidated financial statements in accordance with GAAP requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. The most significant estimates subject to change are the allowance for loan losses, goodwill impairment, and other-than-temporary impairment. |
Note_3_Recent_Accounting_Prono
Note 3 - Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2013 | |
Table Text Block [Abstract] | ' |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | ' |
3. Recent Accounting Pronouncements | |
In January 2013, the Financial Accounting Standard Board (“FASB”) issued ASU 2013-01, “Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities.” ASU No. 2013-01 clarifies that the scope of Update 2011-11 applies to derivatives, repurchase agreements, and securities lending transactions to the extent that they are either offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement. ASU 2013-01 became effective for interim and annual periods beginning on or after January 1, 2013. Adoption of ASU 2013-01 did not have a significant impact on the Company’s consolidated financial statements. See Note 15 to the Company’s consolidated financial statements for the disclosure of adoption of ASU 2013-01. | |
In February 2013, the FASB issued ASU 2013-02 “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” ASU 2013-02 amends Topic 220, “Comprehensive Income,” to improve the reporting of reclassification out of accumulated other comprehensive income. The amendments do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified and to present significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. ASU 2013-02 became effective prospectively for reporting periods beginning after December 15, 2012. Adoption of ASU 2013-02 did not have a significant impact on the Company’s consolidated financial statements. See Note 16 to the Company’s condensed consolidated financial statements for the disclosure of adoption of ASU 2013-02. |
Note_4_Earnings_per_Share
Note 4 - Earnings per Share | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||||||
4. Earnings per Share | |||||||||||||||||
Basic earnings per share exclude dilution and is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and resulted in the issuance of common stock that then shared in earnings. Potential dilution is excluded from computation of diluted per-share amounts when a net loss from operations exists. | |||||||||||||||||
Outstanding stock options with anti-dilutive effect were not included in the computation of diluted earnings per share. The following table sets forth earnings per common share calculations: | |||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||
(Dollars in thousands, except share and per share data) | 2013 | 2012 | 2013 | 2012 | |||||||||||||
Net income attributable to Cathay General Bancorp | $ | 32,478 | $ | 30,358 | $ | 91,241 | $ | 89,132 | |||||||||
Dividends on preferred stock and noncash charge from repayment | (2,434 | ) | (4,123 | ) | (9,685 | ) | (12,361 | ) | |||||||||
Net income available to common stockholders | $ | 30,044 | $ | 26,235 | $ | 81,556 | $ | 76,771 | |||||||||
Weighted-average shares: | |||||||||||||||||
Basic weighted-average number of common shares outstanding | 78,894,262 | 78,729,272 | 78,853,333 | 78,706,150 | |||||||||||||
Dilutive effect of weighted-average outstanding common share equivalents | |||||||||||||||||
Warrants | 171,426 | - | 57,771 | - | |||||||||||||
Restricted stock units | 48,434 | 1,908 | 33,048 | 5,085 | |||||||||||||
Diluted weighted-average number of common shares outstanding | 79,114,122 | 78,731,180 | 78,944,152 | 78,711,235 | |||||||||||||
Average stock options and warrants with anti-dilutive effect | 3,668,285 | 6,080,292 | 4,958,218 | 6,133,089 | |||||||||||||
Earnings per common share: | |||||||||||||||||
Basic | $ | 0.38 | $ | 0.33 | $ | 1.03 | $ | 0.98 | |||||||||
Diluted | $ | 0.38 | $ | 0.33 | $ | 1.03 | $ | 0.98 | |||||||||
Note_5_StockBased_Compensation
Note 5 - Stock-Based Compensation | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||
5. Stock-Based Compensation | |||||||||||||||||
Under the Company’s equity incentive plans, directors and eligible employees may be granted incentive or non-statutory stock options and/or restricted stock units, or awarded non-vested stock. As of September 30, 2013, the only options granted by the Company were non-statutory stock options to selected Bank officers and non-employee directors at exercise prices equal to the fair market value of a share of the Company’s common stock on the date of grant. Such options have a maximum ten-year term and vest in 20% annual increments (subject to early termination in certain events) except certain options granted to the Chief Executive Officer of the Company in 2005 and 2008. If such options expire or terminate without having been exercised, any shares not purchased will again be available for future grants or awards. There were no options granted during the first nine months of 2013 or during 2012. | |||||||||||||||||
Option compensation expense was zero for the three months ended September 30, 2013, and $194,000 for the three months ended September 30, 2012. For the nine months ended September 30, option compensation expense totaled $129,000 for 2013 and $581,000 for 2012. Stock-based compensation is recognized ratably over the requisite service period for all awards. All unrecognized stock-based compensation expense was fully recognized as of September 30, 2013. | |||||||||||||||||
No stock options were exercised in the first nine months of 2013 compared to 39,784 shares issued on the exercise of stock options in the first nine months 2012. Cash received totaled $647,000 and the aggregate intrinsic value totaled $34,000 from the exercise of stock options during the nine months ended September 30, 2012. The table below summarizes stock option activity for the periods indicated: | |||||||||||||||||
Shares | Weighted-average | Weighted-average | Aggregate | ||||||||||||||
exercise price | remaining contractual | intrinsic | |||||||||||||||
life (in years) | value (in thousands) | ||||||||||||||||
Balance, December 31, 2012 | 3,996,630 | $ | 29.45 | 2.2 | $ | - | |||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | (339,340 | ) | 20.45 | ||||||||||||||
Balance, March 31, 2013 | 3,657,290 | $ | 30.28 | 2.2 | $ | - | |||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | (2,980 | ) | 30.79 | ||||||||||||||
Balance, June 30, 2013 | 3,654,310 | $ | 30.28 | 1.9 | $ | - | |||||||||||
Forfeited | (21,970 | ) | 32.81 | ||||||||||||||
Balance, September 30, 2013 | 3,632,340 | $ | 30.27 | 1.7 | $ | - | |||||||||||
Exercisable, September 30, 2013 | 3,632,340 | $ | 30.27 | 1.7 | $ | - | |||||||||||
At September 30, 2013, 2,655,759 shares were available under the Company’s 2005 Incentive Plan for future grants. | |||||||||||||||||
The Company granted restricted stock units for 125,133 shares at an average closing price of $18.24 per share in 2012. The Company granted restricted stock units for 14,416 shares on March 14, 2013, at the closing price of $20.57, 6,729 shares on April 15, 2013, at the closing price of $18.91, and 1,454 shares on May 17, 2013, at the closing price of $20.63. The restricted stock units granted in 2012 and 2013 are scheduled to vest two years from grant date. | |||||||||||||||||
The following table presents information relating to the restricted stock units as of September 30, 2013: | |||||||||||||||||
Units | |||||||||||||||||
Balance at December 31, 2012 | 256,616 | ||||||||||||||||
Granted | 22,599 | ||||||||||||||||
Forfeited | - | ||||||||||||||||
Vested | (66,539 | ) | |||||||||||||||
Balance at September 30, 2013 | 212,676 | ||||||||||||||||
The compensation expense related to the restricted stock units was $476,000 for the three months ended September 30, 2013, compared to $459,000 for the three months ended September 30, 2012. For the nine months ended September 30, compensation expense recorded related to the restricted stock units was $1.6 million in 2013 and $1.2 million in 2012. Unrecognized stock-based compensation expense related to restricted stock units was $1.6 million at September 30, 2013, and is expected to be recognized over the next 1.1 years. | |||||||||||||||||
The following table summarizes the tax short-fall from share-based payment arrangements: | |||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||
(Dollars in thousands) | 2013 | 2012 | 2013 | 2012 | |||||||||||||
Short-fall of tax deductions in excess of grant-date fair value | $ | (63 | ) | $ | (114 | ) | $ | (143 | ) | $ | (679 | ) | |||||
Benefit of tax deductions on grant-date fair value | 95 | 114 | 702 | 777 | |||||||||||||
Total benefit of tax deductions | $ | 32 | $ | - | $ | 559 | $ | 98 | |||||||||
Note_6_Investment_Securities
Note 6 - Investment Securities | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||||||||||
6. Investment Securities | |||||||||||||||||||||||||
Investment securities were $1.7 billion at September 30, 2013, compared to $2.1 billion at December 31, 2012. During the first quarter of 2013, due to the ongoing discussions regarding corporate income tax rates which could have a negative impact on the after-tax yields and fair values of the Company’s portfolio of municipal securities, the Company determined it may sell such securities in response to market conditions. As a result, the Company reclassified its municipal securities from securities held-to-maturity to securities available-for-sale. Concurrent with this reclassification, the Company also reclassified all other securities held-to-maturity, which together with the municipal securities had an amortized cost on the date of transfer of $722.5 million, to securities available-for-sale. At the reclassification date, a net unrealized gain was recorded in other comprehensive income for these securities totaling $40.5 million. | |||||||||||||||||||||||||
The following table reflects the amortized cost, gross unrealized gains, gross unrealized losses, and fair values of investment securities as of September 30, 2013, and December 31, 2012: | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | ||||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 460,119 | $ | 214 | $ | - | $ | 460,333 | |||||||||||||||||
Mortgage-backed securities | 1,131,602 | 9,364 | 45,947 | 1,095,019 | |||||||||||||||||||||
Collateralized mortgage obligations | 6,489 | 268 | 60 | 6,697 | |||||||||||||||||||||
Asset-backed securities | 127 | 1 | - | 128 | |||||||||||||||||||||
Corporate debt securities | 174,953 | 186 | 7,299 | 167,840 | |||||||||||||||||||||
Mutual funds | 6,000 | - | 188 | 5,812 | |||||||||||||||||||||
Preferred stock of government sponsored entities | 569 | 6,911 | - | 7,480 | |||||||||||||||||||||
Total securities available-for-sale | $ | 1,779,859 | $ | 16,944 | $ | 53,494 | $ | 1,743,309 | |||||||||||||||||
Total investment securities | $ | 1,779,859 | $ | 16,944 | $ | 53,494 | $ | 1,743,309 | |||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | ||||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Securities Held-to-Maturity | |||||||||||||||||||||||||
State and municipal securities | $ | 129,037 | $ | 9,268 | $ | - | $ | 138,305 | |||||||||||||||||
Mortgage-backed securities | 634,757 | 40,801 | - | 675,558 | |||||||||||||||||||||
Corporate debt securities | 9,974 | 69 | - | 10,043 | |||||||||||||||||||||
Total securities held-to-maturity | $ | 773,768 | $ | 50,138 | $ | - | $ | 823,906 | |||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 509,748 | $ | 228 | $ | 5 | $ | 509,971 | |||||||||||||||||
Mortgage-backed securities | 404,505 | 12,194 | 5 | 416,694 | |||||||||||||||||||||
Collateralized mortgage obligations | 9,772 | 430 | 34 | 10,168 | |||||||||||||||||||||
Asset-backed securities | 145 | - | 4 | 141 | |||||||||||||||||||||
Corporate debt securities | 349,973 | 106 | 14,102 | 335,977 | |||||||||||||||||||||
Mutual funds | 6,000 | 79 | - | 6,079 | |||||||||||||||||||||
Preferred stock of government sponsored entities | 569 | 1,766 | - | 2,335 | |||||||||||||||||||||
Trust preferred securities | 9,964 | 151 | - | 10,115 | |||||||||||||||||||||
Total securities available-for-sale | $ | 1,290,676 | $ | 14,954 | $ | 14,150 | $ | 1,291,480 | |||||||||||||||||
Total investment securities | $ | 2,064,444 | $ | 65,092 | $ | 14,150 | $ | 2,115,386 | |||||||||||||||||
The amortized cost and fair value of investment securities at September 30, 2013, by contractual maturities, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or repayment penalties. | |||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||
Amortized cost | Fair value | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Due in one year or less | $ | 460,141 | $ | 460,355 | |||||||||||||||||||||
Due after one year through five years | 98,079 | 98,283 | |||||||||||||||||||||||
Due after five years through ten years | 119,240 | 114,235 | |||||||||||||||||||||||
Due after ten years (1) | 1,102,399 | 1,070,436 | |||||||||||||||||||||||
Total | $ | 1,779,859 | $ | 1,743,309 | |||||||||||||||||||||
(1) Equity securities are reported in this category | |||||||||||||||||||||||||
Proceeds from sales of mortgage-backed securities were $348.7 million and repayments, maturities and calls of mortgage-backed securities were $237.9 million during the first nine months of 2013 compared to proceeds from sales of $369.0 million and repayments, maturities, and calls of $280.7 million during the same period a year ago. Proceeds from sales of other investment securities were $555.2 million during the first nine months of 2013 compared to $61.0 million during the same period year ago. Proceeds from maturity and calls of other investment securities were $180.1 million during the first nine months of 2013 compared to $494.2 million during the same period a year ago. Gains of $27.2 million and no losses were realized on sales and calls of investment securities during the first nine months of 2013 compared to gains of $13.8 million and losses of $607,000 realized for the same period a year ago. | |||||||||||||||||||||||||
The unrealized loss on investments in corporate bonds relates to the Company’s investment in 14 issues of bonds of financial institutions, all of which were investment grade at the date of acquisition and as of September 30, 2013. The unrealized losses for these now floating rate securities were primarily caused by the widening of credit spreads since the dates of acquisition. The contractual terms of those investments do not permit the issuers to settle the security at a price less than the amortized cost of the investment. The Company currently does not believe it is probable that it will be unable to collect all amounts due according to the contractual terms of the investments. Therefore, it is expected that these bonds would not be settled at a price less than the amortized cost of the investment. Because the Company does not intend to sell and would not be required to sell these investments until a recovery of fair value, which may be at maturity, it does not consider its investments in these corporate bonds to be other-than-temporarily impaired at September 30, 2013. | |||||||||||||||||||||||||
The temporarily impaired securities represent 58.6% of the fair value of investment securities as of September 30, 2013. Unrealized losses for securities with unrealized losses for less than twelve months represent 4.9%, and securities with unrealized losses for twelve months or more represent 5.6%, of the historical cost of these securities. Unrealized losses on these securities generally resulted from increases in interest rates or spreads subsequent to the date that these securities were purchased. | |||||||||||||||||||||||||
At September 30, 2013, management believed the impairment was temporary and, accordingly, no impairment loss has been recognized in our condensed consolidated statements of operations. The Company expects to recover the amortized cost basis of its debt securities, and has no intent to sell and will not be required to sell available-for-sale debt securities that have declined below their cost before their anticipated recovery. | |||||||||||||||||||||||||
The table below shows the fair value and unrealized losses of the temporarily impaired securities in our investment securities portfolio as of September 30, 2013, and December 31, 2012: | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Temporarily impaired securities | |||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | ||||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
Mortgage-backed securities | $ | 882,851 | $ | 45,944 | $ | 154 | $ | 2 | $ | 883,005 | $ | 45,946 | |||||||||||||
Mortgage-backed securities-Non-agency | 94 | 1 | - | - | 94 | 1 | |||||||||||||||||||
Collateralized mortgage obligations | 68 | 1 | 332 | 59 | 400 | 60 | |||||||||||||||||||
Corporate debt securities | 9,984 | 16 | 122,717 | 7,283 | 132,701 | 7,299 | |||||||||||||||||||
Mutual funds | 5,812 | 188 | - | - | 5,812 | 188 | |||||||||||||||||||
Total securities available-for-sale | $ | 898,809 | $ | 46,150 | $ | 123,203 | $ | 7,344 | $ | 1,022,012 | $ | 53,494 | |||||||||||||
Total investment securities | $ | 898,809 | $ | 46,150 | $ | 123,203 | $ | 7,344 | $ | 1,022,012 | $ | 53,494 | |||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Temporarily impaired securities | |||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | ||||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 49,969 | $ | 5 | $ | - | $ | - | $ | 49,969 | $ | 5 | |||||||||||||
Mortgage-backed securities | 231 | 1 | 170 | 1 | 401 | 2 | |||||||||||||||||||
Mortgage-backed securities-Non-agency | - | - | 96 | 2 | 96 | 2 | |||||||||||||||||||
Collateralized mortgage obligations | - | - | 439 | 35 | 439 | 35 | |||||||||||||||||||
Asset-backed securities | - | - | 141 | 4 | 141 | 4 | |||||||||||||||||||
Corporate debt securities | 52,468 | 2,532 | 253,430 | 11,570 | 305,898 | 14,102 | |||||||||||||||||||
Total securities available-for-sale | $ | 102,668 | $ | 2,538 | $ | 254,276 | $ | 11,612 | $ | 356,944 | $ | 14,150 | |||||||||||||
Total investment securities | $ | 102,668 | $ | 2,538 | $ | 254,276 | $ | 11,612 | $ | 356,944 | $ | 14,150 | |||||||||||||
Investment securities having a carrying value of $941.8 million at September 30, 2013, and $1.45 billion at December 31, 2012, were pledged to secure public deposits, other borrowings, treasury tax and loan, Federal Home Loan Bank advances, securities sold under agreements to repurchase, interest rate swaps, and foreign exchange transactions. |
Note_7_Loans
Note 7 - Loans | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | ||||||||||||||||||||||||||||||||
7. Loans | |||||||||||||||||||||||||||||||||
Most of the Company’s business activity is with Asian customers located in Southern and Northern California; New York City, New York; Houston and Dallas, Texas; Seattle, Washington; Boston, Massachusetts; Chicago, Illinois; Edison, New Jersey; Las Vegas, Nevada, and Hong Kong. The Company has no specific industry concentration, and generally its loans are secured by real property or other collateral of the borrowers. Loans are generally expected to be paid off from the operating profits of the borrowers, from refinancing by other lenders, or through sale by the borrowers of the secured collateral. | |||||||||||||||||||||||||||||||||
The components of loans in the condensed consolidated balance sheets as of September 30, 2013, and December 31, 2012, were as follows: | |||||||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Type of Loans: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 2,237,902 | $ | 2,127,107 | |||||||||||||||||||||||||||||
Residential mortgage loans | 1,293,849 | 1,146,230 | |||||||||||||||||||||||||||||||
Commercial mortgage loans | 3,921,348 | 3,768,452 | |||||||||||||||||||||||||||||||
Equity lines | 173,798 | 193,852 | |||||||||||||||||||||||||||||||
Real estate construction loans | 189,867 | 180,950 | |||||||||||||||||||||||||||||||
Installment and other loans | 15,249 | 12,556 | |||||||||||||||||||||||||||||||
Gross loans | 7,832,013 | 7,429,147 | |||||||||||||||||||||||||||||||
Less: | |||||||||||||||||||||||||||||||||
Allowance for loan losses | (181,452 | ) | (183,322 | ) | |||||||||||||||||||||||||||||
Unamortized deferred loan fees | (12,933 | ) | (10,238 | ) | |||||||||||||||||||||||||||||
Total loans, net | $ | 7,637,628 | $ | 7,235,587 | |||||||||||||||||||||||||||||
At September 30, 2013, recorded investment in impaired loans totaled $215.8 million and was comprised of non-accrual loans of $99.9 million, and accruing troubled debt restructured (“TDR”) loans of $115.9 million. At December 31, 2012, recorded investment in impaired loans totaled $248.6 million and was comprised of non-accrual loans of $103.9 million and accruing TDRs of $144.7 million. For impaired loans, the amounts previously charged off represent 22.2% at September 30, 2013, and 23.2% at December 31, 2012, of the contractual balances for impaired loans. The following table presents the average balance and interest income recognized related to impaired loans for the periods indicated: | |||||||||||||||||||||||||||||||||
Impaired Loans | |||||||||||||||||||||||||||||||||
Average Recorded Investment | Interest Income Recognized | ||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | Three months ended | Nine months ended | ||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | ||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 32,187 | $ | 25,987 | $ | 24,873 | $ | 33,672 | $ | 166 | $ | 49 | $ | 395 | $ | 146 | |||||||||||||||||
Real estate construction loans | 34,946 | 41,404 | 39,014 | 51,176 | 67 | 177 | 199 | 531 | |||||||||||||||||||||||||
Commercial mortgage loans | 132,921 | 178,206 | 145,380 | 180,959 | 730 | 1,971 | 3,289 | 5,477 | |||||||||||||||||||||||||
Residential mortgage and equity lines | 16,884 | 18,370 | 17,574 | 18,420 | 106 | 49 | 227 | 148 | |||||||||||||||||||||||||
Total | $ | 216,938 | $ | 263,967 | $ | 226,841 | $ | 284,227 | $ | 1,069 | $ | 2,246 | $ | 4,110 | $ | 6,302 | |||||||||||||||||
The following table presents impaired loans and the related allowance for credit losses as of the dates indicated: | |||||||||||||||||||||||||||||||||
Impaired Loans | |||||||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||
Unpaid Principal Balance | Recorded | Allowance | Unpaid Principal Balance | Recorded | Allowance | ||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
With no allocated allowance | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 20,896 | $ | 17,699 | $ | - | $ | 29,359 | $ | 18,963 | $ | - | |||||||||||||||||||||
Real estate construction loans | 25,438 | 15,135 | - | 9,304 | 7,277 | - | |||||||||||||||||||||||||||
Commercial mortgage loans | 125,489 | 94,167 | - | 189,871 | 152,957 | - | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 2,978 | 2,969 | - | 4,303 | 4,229 | - | |||||||||||||||||||||||||||
Subtotal | $ | 174,801 | $ | 129,970 | $ | - | $ | 232,837 | $ | 183,426 | $ | - | |||||||||||||||||||||
With allocated allowance | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 22,099 | $ | 17,352 | $ | 10,849 | $ | 7,804 | $ | 4,959 | $ | 1,467 | |||||||||||||||||||||
Real estate construction loans | 28,847 | 19,694 | 5,691 | 54,718 | 34,856 | 8,158 | |||||||||||||||||||||||||||
Commercial mortgage loans | 35,582 | 34,688 | 6,129 | 14,163 | 12,928 | 1,336 | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 15,951 | 14,097 | 693 | 14,264 | 12,428 | 1,222 | |||||||||||||||||||||||||||
Subtotal | $ | 102,479 | $ | 85,831 | $ | 23,362 | $ | 90,949 | $ | 65,171 | $ | 12,183 | |||||||||||||||||||||
Total impaired loans | $ | 277,280 | $ | 215,801 | $ | 23,362 | $ | 323,786 | $ | 248,597 | $ | 12,183 | |||||||||||||||||||||
The following table presents the aging of the loan portfolio by type as of September 30, 2013, and as of December 31, 2012: | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Non-accrual Loans | Total Past Due | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | More Past | Past Due | ||||||||||||||||||||||||||||||
Due | |||||||||||||||||||||||||||||||||
Type of Loans: | (In thousands) | ||||||||||||||||||||||||||||||||
Commercial loans | $ | 17,034 | $ | 4,136 | $ | - | $ | 24,506 | $ | 45,676 | $ | 2,192,226 | $ | 2,237,902 | |||||||||||||||||||
Real estate construction loans | - | - | - | 28,995 | 28,995 | 160,872 | 189,867 | ||||||||||||||||||||||||||
Commercial mortgage loans | 2,396 | 262 | 499 | 35,996 | 39,153 | 3,882,195 | 3,921,348 | ||||||||||||||||||||||||||
Residential mortgage loans | 3,310 | 2,237 | - | 10,364 | 15,911 | 1,451,736 | 1,467,647 | ||||||||||||||||||||||||||
Installment and other loans | 208 | - | - | - | 208 | 15,041 | 15,249 | ||||||||||||||||||||||||||
Total loans | $ | 22,948 | $ | 6,635 | $ | 499 | $ | 99,861 | $ | 129,943 | $ | 7,702,070 | $ | 7,832,013 | |||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Non-accrual Loans | Total Past Due | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | More Past | Past Due | ||||||||||||||||||||||||||||||
Due | |||||||||||||||||||||||||||||||||
Type of Loans: | (In thousands) | ||||||||||||||||||||||||||||||||
Commercial loans | $ | 16,832 | $ | 1,610 | $ | 630 | $ | 19,958 | $ | 39,030 | $ | 2,088,077 | $ | 2,127,107 | |||||||||||||||||||
Real estate construction loans | - | 1,471 | - | 36,299 | 37,770 | 143,180 | 180,950 | ||||||||||||||||||||||||||
Commercial mortgage loans | 21,570 | 3,627 | - | 35,704 | 60,901 | 3,707,551 | 3,768,452 | ||||||||||||||||||||||||||
Residential mortgage loans | 5,324 | 1,972 | - | 11,941 | 19,237 | 1,320,845 | 1,340,082 | ||||||||||||||||||||||||||
Installment and other loans | - | - | - | - | - | 12,556 | 12,556 | ||||||||||||||||||||||||||
Total loans | $ | 43,726 | $ | 8,680 | $ | 630 | $ | 103,902 | $ | 156,938 | $ | 7,272,209 | $ | 7,429,147 | |||||||||||||||||||
The determination of the amount of the allowance for credit losses for impaired loans is based on management’s current judgment about the credit quality of the loan portfolio and takes into consideration known relevant internal and external factors that affect collectibility when determining the appropriate level for the allowance for credit losses. The nature of the process by which the Bank determines the appropriate allowance for credit losses requires the exercise of considerable judgment. This allowance evaluation process is also applied to troubled debt restructurings since they are considered to be impaired loans. | |||||||||||||||||||||||||||||||||
A troubled debt restructuring is a formal modification of the terms of a loan when the lender, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower. The concessions may be granted in various forms, including a change in the stated interest rate, a reduction in the loan balance or accrued interest, or an extension of the maturity date that causes significant delay in payment. | |||||||||||||||||||||||||||||||||
TDRs on accrual status are comprised of the loans that have, pursuant to the Bank’s policy, performed under the restructured terms and have demonstrated sustained performance under the modified terms for nine months before being returned to accrual status. The sustained performance considered by management pursuant to its policy includes the periods prior to the modification if the prior performance met or exceeded the modified terms. This would include cash paid by the borrower prior to the restructure to set up interest reserves. | |||||||||||||||||||||||||||||||||
At September 30, 2013, accruing TDRs were $115.9 million and non-accrual TDRs were $43.6 million compared to accruing TDRs of $144.7 million and non-accrual TDRs of $47.7 million at December 31, 2012. The Company allocated specific reserves of $6.3 million to accruing TDRs and $4.5 million to non-accrual TDRs at September 30, 2013, and $1.1 million to accruing TDRs and $7.8 million to non-accrual TDRs at December 31, 2012. The following table presents TDRs that were modified during the first nine months of 2013 and 2012, their specific reserve at September 30, 2013, and charge-offs during the first nine months of 2013 and 2012: | |||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | 30-Sep-13 | ||||||||||||||||||||||||||||||||
No. of Contracts | Pre-Modification Outstanding Recorded | Post-Modification Outstanding Recorded | Charge-offs | Specific Reserve | |||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | 9 | 11,705 | 10,516 | $ | 1,189 | $ | 71 | ||||||||||||||||||||||||||
Commercial mortgage loans | 3 | 7,474 | 7,474 | - | 191 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 11 | 3,736 | 3,658 | 78 | 125 | ||||||||||||||||||||||||||||
Total | 23 | $ | 22,915 | $ | 21,648 | $ | 1,267 | $ | 387 | ||||||||||||||||||||||||
Nine months ended September 30, 2012 | 30-Sep-13 | ||||||||||||||||||||||||||||||||
No. of Contracts | Pre-Modification Outstanding Recorded | Post-Modification Outstanding Recorded | Charge-offs | Specific Reserve | |||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | 8 | $ | 2,144 | $ | 2,144 | $ | - | $ | 75 | ||||||||||||||||||||||||
Commercial mortgage loans | 15 | 59,299 | 55,610 | 3,689 | - | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 7 | 2,895 | 2,895 | - | 70 | ||||||||||||||||||||||||||||
Total | 30 | $ | 64,338 | $ | 60,649 | $ | 3,689 | $ | 145 | ||||||||||||||||||||||||
Modifications of the loan terms during the first nine months of 2013 were in the form of changes in the stated interest rate, and in payment terms to interest only from principal and interest or reduction in monthly payment amount, multiple note structure, and waiver of late charges and collection fees. The length of time for which modifications involving a reduction of the stated interest rate or changes in payment terms that were documented ranged from twelve months to three years from the modification date. | |||||||||||||||||||||||||||||||||
We expect that the TDR loans on accruing status as of September 30, 2013, which were all performing in accordance with their restructured terms, will continue to comply with the restructured terms because of the reduced principal or interest payments on these loans. A summary of TDRs by type of concession, and by type of loan as of September 30, 2013, and December 31, 2012, is shown below: | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Accruing TDRs | Principal | Rate | Rate Reduction | Total | |||||||||||||||||||||||||||||
Deferral | Reduction | and Payment | |||||||||||||||||||||||||||||||
Deferral | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 4,813 | $ | 2,943 | $ | 2,788 | $ | 10,544 | |||||||||||||||||||||||||
Real estate construction loans | - | - | 5,833 | 5,833 | |||||||||||||||||||||||||||||
Commercial mortgage loans | 12,740 | 9,130 | 70,991 | 92,861 | |||||||||||||||||||||||||||||
Residential mortgage loans | 1,573 | 1,588 | 3,541 | 6,702 | |||||||||||||||||||||||||||||
Total accruing TDRs | $ | 19,126 | $ | 13,661 | $ | 83,153 | $ | 115,940 | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Non-accrual TDRs | Interest | Principal | Rate Reduction | Rate Reduction | Total | ||||||||||||||||||||||||||||
Deferral | Deferral | and Forgiveness | and Payment | ||||||||||||||||||||||||||||||
of Principal | Deferral | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | 3,026 | $ | 1,391 | $ | - | $ | 4,417 | |||||||||||||||||||||||
Real estate construction loans | - | 16,199 | - | 9,301 | 25,500 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 1,464 | 1,640 | - | 6,677 | 9,781 | ||||||||||||||||||||||||||||
Residential mortgage loans | 249 | 2,241 | - | 1,420 | 3,910 | ||||||||||||||||||||||||||||
Total non-accrual TDRs | $ | 1,713 | $ | 23,106 | $ | 1,391 | $ | 17,398 | $ | 43,608 | |||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Accruing TDRs | Principal | Rate | Rate Reduction | Rate Reduction | Total | ||||||||||||||||||||||||||||
Deferral | Reduction | and Forgiveness | and Payment | ||||||||||||||||||||||||||||||
of Principal | Deferral | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 531 | $ | 3,020 | $ | - | $ | 413 | $ | 3,964 | |||||||||||||||||||||||
Real estate construction loans | - | - | - | 5,834 | 5,834 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 27,003 | 16,656 | 739 | 85,783 | 130,181 | ||||||||||||||||||||||||||||
Residential mortgage loans | 1,461 | 1,024 | - | 2,231 | 4,716 | ||||||||||||||||||||||||||||
Total accruing TDRs | $ | 28,995 | $ | 20,700 | $ | 739 | $ | 94,261 | $ | 144,695 | |||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Non-accrual TDRs | Interest | Principal | Rate | Rate Reduction | Rate Reduction | Total | |||||||||||||||||||||||||||
Deferral | Deferral | Reduction | and Forgiveness | and Payment Deferral | |||||||||||||||||||||||||||||
of Principal | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | 912 | $ | - | $ | 1,518 | $ | - | $ | 2,430 | |||||||||||||||||||||
Real estate construction loans | - | 16,767 | 9,579 | - | - | 26,346 | |||||||||||||||||||||||||||
Commercial mortgage loans | 1,685 | 2,817 | 5,746 | - | 5,076 | 15,324 | |||||||||||||||||||||||||||
Residential mortgage loans | 275 | 2,010 | 586 | - | 760 | 3,631 | |||||||||||||||||||||||||||
Total non-accrual TDRs | $ | 1,960 | $ | 22,506 | $ | 15,911 | $ | 1,518 | $ | 5,836 | $ | 47,731 | |||||||||||||||||||||
The activity within our TDR loans for the periods indicated are shown below: | |||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||||||||||||
Accruing TDRs | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Beginning balance | $ | 115,464 | $ | 153,249 | $ | 144,695 | $ | 120,016 | |||||||||||||||||||||||||
New restructurings | 10,669 | 14,765 | 15,485 | 53,524 | |||||||||||||||||||||||||||||
Restructured loans restored to accrual status | 5,397 | 3,957 | 6,851 | 6,810 | |||||||||||||||||||||||||||||
Charge-offs | - | (251 | ) | (78 | ) | (251 | ) | ||||||||||||||||||||||||||
Payments | (15,274 | ) | (1,569 | ) | (48,663 | ) | (4,124 | ) | |||||||||||||||||||||||||
Restructured loans placed on nonaccrual | (316 | ) | - | (2,350 | ) | (5,824 | ) | ||||||||||||||||||||||||||
Ending balance | $ | 115,940 | $ | 170,151 | $ | 115,940 | $ | 170,151 | |||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||||||||||||
Non-accrual TDRs | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Beginning balance | $ | 48,524 | $ | 23,285 | $ | 47,731 | $ | 50,870 | |||||||||||||||||||||||||
New restructurings | 2,415 | 1,153 | 6,163 | 7,124 | |||||||||||||||||||||||||||||
Restructured loans placed on nonaccrual | 316 | - | 2,350 | 5,824 | |||||||||||||||||||||||||||||
Charge-offs | (1,188 | ) | - | (2,121 | ) | (4,285 | ) | ||||||||||||||||||||||||||
Payments | (1,062 | ) | (1,405 | ) | (3,664 | ) | (33,647 | ) | |||||||||||||||||||||||||
Restructured loans restored to accrual status | (5,397 | ) | (3,957 | ) | (6,851 | ) | (6,810 | ) | |||||||||||||||||||||||||
Ending balance | $ | 43,608 | $ | 19,076 | $ | 43,608 | $ | 19,076 | |||||||||||||||||||||||||
A loan is considered to be in payment default once it is 60 to 90 days contractually past due under the modified terms. Two commercial loans of $1.4 million were modified as TDRs during the previous twelve months and subsequently defaulted as of September 30, 2013, within the three months and nine months ended September 30, 2013. None of these TDRs incurred any charge-offs within the twelve month period. | |||||||||||||||||||||||||||||||||
Under the Company’s internal underwriting policy, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification in order to determine whether a borrower is experiencing financial difficulty. | |||||||||||||||||||||||||||||||||
As of September 30, 2013, there were no commitments to lend additional funds to those borrowers whose loans have been restructured, were considered impaired, or were on non-accrual status. | |||||||||||||||||||||||||||||||||
As part of the on-going monitoring of the credit quality of our loan portfolio, the Company utilizes a risk grading matrix to assign a risk grade to each loan. The risk rating categories can be generally described by the following grouping for non-homogeneous loans: | |||||||||||||||||||||||||||||||||
● | Pass/Watch – These loans range from minimal credit risk to lower than average, but still acceptable, credit risk. | ||||||||||||||||||||||||||||||||
● | Special Mention – Borrower is fundamentally sound and loan is currently protected but adverse trends are apparent that, if not corrected, may affect ability to repay. Primary source of loan repayment remains viable but there is increasing reliance on collateral or guarantor support. | ||||||||||||||||||||||||||||||||
● | Substandard – These loans are inadequately protected by current sound net worth, paying capacity, or pledged collateral. Well-defined weaknesses exist that could jeopardize repayment of debt. Loss may not be imminent, but if weaknesses are not corrected, there is a good possibility of some loss. | ||||||||||||||||||||||||||||||||
● | Doubtful – The possibility of loss is extremely high, but due to identifiable and important pending events (which may strengthen the loan), a loss classification is deferred until the situation is better defined. | ||||||||||||||||||||||||||||||||
● | Loss – These loans are considered uncollectible and of such little value that to continue to carry the loan as an active asset is no longer warranted. | ||||||||||||||||||||||||||||||||
The following table presents loan portfolio by risk rating as of September 30, 2013, and as of December 31, 2012: | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Pass/Watch | Special Mention | Substandard | Doubtful | Total | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 2,047,158 | $ | 84,776 | $ | 94,088 | $ | 11,880 | $ | 2,237,902 | |||||||||||||||||||||||
Real estate construction loans | 151,696 | - | 34,676 | 3,495 | 189,867 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 3,543,731 | 137,183 | 240,434 | - | 3,921,348 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 1,453,498 | - | 14,149 | - | 1,467,647 | ||||||||||||||||||||||||||||
Installment and other loans | 15,249 | - | - | - | 15,249 | ||||||||||||||||||||||||||||
Total gross loans | $ | 7,211,332 | $ | 221,959 | $ | 383,347 | $ | 15,375 | $ | 7,832,013 | |||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Pass/Watch | Special Mention | Substandard | Doubtful | Total | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 1,944,989 | $ | 76,776 | $ | 94,077 | $ | 11,265 | $ | 2,127,107 | |||||||||||||||||||||||
Real estate construction loans | 109,269 | 18,000 | 45,171 | 8,510 | 180,950 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 3,344,783 | 162,455 | 261,214 | - | 3,768,452 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 1,322,768 | 816 | 16,084 | 414 | 1,340,082 | ||||||||||||||||||||||||||||
Installment and other loans | 12,556 | - | - | - | 12,556 | ||||||||||||||||||||||||||||
Total gross loans | $ | 6,734,365 | $ | 258,047 | $ | 416,546 | $ | 20,189 | $ | 7,429,147 | |||||||||||||||||||||||
The allowance for loan losses and the reserve for off-balance sheet credit commitments are significant estimates that can and do change based on management’s process in analyzing the loan portfolio and on management’s assumptions about specific borrowers, underlying collateral, and applicable economic and environmental conditions, among other factors. | |||||||||||||||||||||||||||||||||
The following table presents the balance in the allowance for loan losses by portfolio segment and based on impairment method as of September 30, 2013, and as of December 31, 2012: | |||||||||||||||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment and | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | Other Loans | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | |||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Loans individually evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 10,849 | $ | 5,691 | $ | 6,129 | $ | 693 | $ | - | $ | 23,362 | |||||||||||||||||||||
Balance | $ | 35,051 | $ | 34,829 | $ | 128,855 | $ | 17,066 | $ | - | $ | 215,801 | |||||||||||||||||||||
Loans collectively evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 55,887 | $ | 10,960 | $ | 79,959 | $ | 11,249 | $ | 35 | $ | 158,090 | |||||||||||||||||||||
Balance | $ | 2,202,851 | $ | 155,038 | $ | 3,792,493 | $ | 1,450,581 | $ | 15,249 | $ | 7,616,212 | |||||||||||||||||||||
Total allowance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Total balance | $ | 2,237,902 | $ | 189,867 | $ | 3,921,348 | $ | 1,467,647 | $ | 15,249 | $ | 7,832,013 | |||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Loans individually evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 1,467 | $ | 8,158 | $ | 1,336 | $ | 1,222 | $ | - | $ | 12,183 | |||||||||||||||||||||
Balance | $ | 23,922 | $ | 42,133 | $ | 165,885 | $ | 16,657 | $ | - | $ | 248,597 | |||||||||||||||||||||
Loans collectively evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 64,634 | $ | 14,859 | $ | 81,137 | $ | 10,481 | $ | 28 | $ | 171,139 | |||||||||||||||||||||
Balance | $ | 2,103,185 | $ | 138,817 | $ | 3,602,567 | $ | 1,323,425 | $ | 12,556 | $ | 7,180,550 | |||||||||||||||||||||
Total allowance | $ | 66,101 | $ | 23,017 | $ | 82,473 | $ | 11,703 | $ | 28 | $ | 183,322 | |||||||||||||||||||||
Total balance | $ | 2,127,107 | $ | 180,950 | $ | 3,768,452 | $ | 1,340,082 | $ | 12,556 | $ | 7,429,147 | |||||||||||||||||||||
The following table details activity in the allowance for loan losses by portfolio segment for the three and nine months ended September 30, 2013, and September 30, 2012. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. | |||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 and 2012 | |||||||||||||||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | and Other | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | Loans | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
June 30, 2012 Ending Balance | 66,595 | 16,360 | 99,009 | 10,254 | 56 | 192,274 | |||||||||||||||||||||||||||
Provision/(credit) for possible credit losses | 6,199 | (670 | ) | (6,350 | ) | 740 | (23 | ) | (104 | ) | |||||||||||||||||||||||
Charge-offs | (7,387 | ) | (39 | ) | (966 | ) | (477 | ) | - | (8,869 | ) | ||||||||||||||||||||||
Recoveries | 331 | 477 | 318 | 11 | - | 1,137 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (7,056 | ) | 438 | (648 | ) | (466 | ) | - | (7,732 | ) | |||||||||||||||||||||||
September 30, 2012 Ending Balance | $ | 65,738 | $ | 16,128 | $ | 92,011 | $ | 10,528 | $ | 33 | $ | 184,438 | |||||||||||||||||||||
June 30, 2013 Ending Balance | $ | 64,379 | $ | 13,755 | $ | 89,678 | $ | 11,892 | $ | 29 | $ | 179,733 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 2,121 | 1,660 | (5,710 | ) | 52 | 6 | (1,871 | ) | |||||||||||||||||||||||||
Charge-offs | (200 | ) | - | (394 | ) | (160 | ) | - | (754 | ) | |||||||||||||||||||||||
Recoveries | 436 | 1,236 | 2,514 | 158 | - | 4,344 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | 236 | 1,236 | 2,120 | (2 | ) | - | 3,590 | ||||||||||||||||||||||||||
September 30, 2013 Ending Balance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Nine months ended September 30, 2013 and 2012 | |||||||||||||||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | and Other | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | Loans | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
2012 Beginning Balance | $ | 65,658 | $ | 21,749 | $ | 108,021 | $ | 10,795 | $ | 57 | $ | 206,280 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 13,329 | (10,081 | ) | (12,937 | ) | 1,150 | (2 | ) | (8,541 | ) | |||||||||||||||||||||||
Charge-offs | (14,479 | ) | (1,165 | ) | (10,647 | ) | (1,805 | ) | (25 | ) | (28,121 | ) | |||||||||||||||||||||
Recoveries | 1,230 | 5,625 | 7,574 | 388 | 3 | 14,820 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (13,249 | ) | 4,460 | (3,073 | ) | (1,417 | ) | (22 | ) | (13,301 | ) | ||||||||||||||||||||||
September 30, 2012 Ending Balance | $ | 65,738 | $ | 16,128 | $ | 92,011 | $ | 10,528 | $ | 33 | $ | 184,438 | |||||||||||||||||||||
Reserve for impaired loans | $ | 1,791 | $ | 279 | $ | 1,729 | $ | 1,626 | $ | - | $ | 5,425 | |||||||||||||||||||||
Reserve for non-impaired loans | $ | 63,947 | $ | 15,849 | $ | 90,282 | $ | 8,902 | $ | 33 | $ | 179,013 | |||||||||||||||||||||
Reserve for off-balance sheet credit commitments | $ | 801 | $ | 668 | $ | 104 | $ | 34 | $ | 3 | $ | 1,610 | |||||||||||||||||||||
2013 Beginning Balance | $ | 66,101 | $ | 23,017 | $ | 82,473 | $ | 11,703 | $ | 28 | $ | 183,322 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 3,200 | (8,622 | ) | 935 | 780 | (4 | ) | (3,711 | ) | ||||||||||||||||||||||||
Charge-offs | (4,580 | ) | - | (3,425 | ) | (766 | ) | - | (8,771 | ) | |||||||||||||||||||||||
Recoveries | 2,015 | 2,256 | 6,105 | 225 | 11 | 10,612 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (2,565 | ) | 2,256 | 2,680 | (541 | ) | 11 | 1,841 | |||||||||||||||||||||||||
September 30, 2013 Ending Balance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Reserve for impaired loans | $ | 10,849 | $ | 5,691 | $ | 6,129 | $ | 693 | $ | - | $ | 23,362 | |||||||||||||||||||||
Reserve for non-impaired loans | $ | 55,887 | $ | 10,960 | $ | 79,959 | $ | 11,249 | $ | 35 | $ | 158,090 | |||||||||||||||||||||
Reserve for off-balance sheet credit commitments | $ | 953 | $ | 287 | $ | 799 | $ | 34 | $ | 1 | $ | 2,074 | |||||||||||||||||||||
Note_8_Commitments_and_Conting
Note 8 - Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments and Contingencies Disclosure [Text Block] | ' |
8. Commitments and Contingencies | |
The Company is involved in various litigation concerning transactions entered into during the normal course of business. Management, after consultation with legal counsel, does not believe that the resolution of such litigation will have a material effect upon its consolidated financial condition, results of operations, or liquidity taken as a whole. Although the Company establishes accruals for legal proceedings when information related to the loss contingencies represented by those matters indicates both that a loss is probable and that the amount of loss can be reasonably estimated, the Company does not have accruals for all legal proceedings where there is a risk of loss. In addition, amounts accrued may not represent the ultimate loss to the Company from the legal proceedings in question. Thus, ultimate losses may be higher or lower, and possibly significantly so, than the amounts accrued for legal loss contingencies. | |
In the normal course of business, the Company becomes a party to financial instruments with off-balance sheet risk to meet the financing needs of its customers. These financial instruments include commitments to extend credit in the form of loans, or through commercial or standby letters of credit, and financial guarantees. These instruments represent varying degrees of exposure to risk in excess of the amounts included in the accompanying condensed consolidated balance sheets. The contractual or notional amount of these instruments indicates a level of activity associated with a particular class of financial instrument and is not a reflection of the level of expected losses, if any. |
Note_9_Securities_Sold_Under_A
Note 9 - Securities Sold Under Agreements to Repurchase | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||||||||||||||
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block] | ' | ||||||||||||||||||||||||
9. Securities Sold Under Agreements to Repurchase | |||||||||||||||||||||||||
Securities sold under agreements to repurchase were $800 million with a weighted average rate of 3.87% at September 30, 2013, compared to $1.3 billion with a weighted average rate of 3.84% at December 31, 2012. In 2012, the Company modified $200.0 million of securities sold under agreements to repurchase by extending the term by an additional four years on average, reducing the rate by an average of 168 basis points, and removing the callable feature. In 2012, the Company prepaid securities sold under agreements to repurchase totaling $150 million with a weighted average rate of 4.43% and incurred prepayment penalties of $9.4 million. In the first nine months of 2013, the Company prepaid securities sold under agreements to repurchase totaling $450 million with a weighted average rate of 3.79% and incurred prepayment penalties of $22.6 million. Five floating-to-fixed rate agreements totaling $300.0 million have initial floating rates for a period of time ranging from six months to one year, with floating rates ranging from the three-month LIBOR minus 200 basis points to the three-month LIBOR rate minus 340 basis points. Thereafter, the rates are fixed for the remainder of the term, with interest rates ranging from 4.78% to 5.07%. After the initial floating rate term, the counter parties have the right to terminate the transaction at par at the fixed rate reset date and quarterly thereafter. Six fixed-to-floating rate agreements totaling $300.0 million have initial fixed rates ranging from 1.00% to 3.50% with initial fixed rate terms ranging from six months to 18 months. For the remaining term, the rates float at 8% minus the three-month LIBOR rate with a maximum rate ranging from 3.50% to 3.75% and minimum rate of 0.0%. After the initial fixed rate term, the counter parties have the right to terminate the transaction at par at the floating rate reset date and quarterly thereafter. The table below provides summary data for the $600 million of callable securities sold under agreements to repurchase as of September 30, 2013: | |||||||||||||||||||||||||
(Dollars in millions) | Fixed-to-floating | Floating-to-fixed | Total | ||||||||||||||||||||||
Rate type | Float Rate | Fixed Rate | |||||||||||||||||||||||
Rate index | 8% minus 3 month LIBOR | ||||||||||||||||||||||||
Maximum rate | 3.75 | % | 3.5 | % | 3.5 | % | |||||||||||||||||||
Minimum rate | 0 | % | 0 | % | 0 | % | |||||||||||||||||||
No. of agreements | 1 | 2 | 3 | 1 | 4 | 11 | |||||||||||||||||||
Amount | $ | 50 | $ | 100 | $ | 150 | $ | 100 | $ | 200 | $ | 600 | |||||||||||||
Weighted average rate | 3.75 | % | 3.5 | % | 3.5 | % | 4.78 | % | 5 | % | 4.24 | % | |||||||||||||
Final maturity | 2014 | 2014 | 2015 | 2014 | 2017 | ||||||||||||||||||||
The table below provides summary data for non-callable fixed rate securities sold under agreements to repurchase as of September 30, 2013: | |||||||||||||||||||||||||
Maturity | No. of | Amount | Weighted Average | ||||||||||||||||||||||
Agreements | (In thousands) | Interest Rate | |||||||||||||||||||||||
1 year to 3 years | 1 | $ | 50,000 | 2.69 | % | ||||||||||||||||||||
3 years to 5 years | 3 | $ | 150,000 | 2.81 | % | ||||||||||||||||||||
Total | 4 | $ | 200,000 | 2.78 | % | ||||||||||||||||||||
These transactions are accounted for as collateralized financing transactions and recorded at the amounts at which the securities were sold. The Company may have to provide additional collateral for the repurchase agreements, as necessary. The underlying collateral pledged for the repurchase agreements consists of U.S. Treasury securities, U.S. government agency securities, and mortgage-backed securities with a fair value of $920.1 million as of September 30, 2013, and $1.4 billion as of December 31, 2012. |
Note_10_Income_Taxes
Note 10 - Income Taxes | 9 Months Ended |
Sep. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax Disclosure [Text Block] | ' |
10. Income Taxes | |
Income tax expense totaled $52.5 million, or an effective tax rate of 36.5%, for the first nine months of 2013, compared to an income tax expense of $50.9 million, or an effective tax rate of 36.3%, for the same period a year ago. The effective tax rate includes the impact of the utilization of low income housing tax credits and recognition of other tax credits for both years. | |
As of December 31, 2012, the Company had income tax refunds receivable of $12.4 million. These income tax receivables are included in other assets in the accompanying condensed consolidated balance sheets. | |
The Company’s tax returns are open for audits by the Internal Revenue Service back to 2010 and by the California Franchise Tax Board back to 2003. The Company is under audit by the California Franchise Tax Board for the years 2003 to 2007. As the Company is presently under audit by a number of tax authorities, it is reasonably possible that unrecognized tax benefits could change significantly over the next twelve months. The Company does not expect that any such changes would have a material impact on its annual effective tax rate. |
Note_11_Fair_Value_Measurement
Note 11 - Fair Value Measurements | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||||||||||||||||||||||
Fair Value, Measurement Inputs, Disclosure [Text Block] | ' | ||||||||||||||||||||||||||||||||
11. Fair Value Measurements | |||||||||||||||||||||||||||||||||
The Company adopted ASC Topic 820 on January 1, 2008, and determined the fair values of our financial instruments based on the following: | |||||||||||||||||||||||||||||||||
● | Level 1 - Quoted prices in active markets for identical assets or liabilities. | ||||||||||||||||||||||||||||||||
● | Level 2 - Observable prices in active markets for similar assets or liabilities; prices for identical or similar assets or liabilities in markets that are not active; directly observable market inputs for substantially the full term of the asset and liability; market inputs that are not directly observable but are derived from or corroborated by observable market data. | ||||||||||||||||||||||||||||||||
● | Level 3 – Unobservable inputs based on the Company’s own judgment about the assumptions that a market participant would use. | ||||||||||||||||||||||||||||||||
The Company uses the following methodologies to measure the fair value of its financial assets and liabilities on a recurring basis: | |||||||||||||||||||||||||||||||||
Securities Available for Sale. For certain actively traded agency preferred stocks, mutual funds, and U.S. Treasury securities, the Company measures the fair value based on quoted market prices in active exchange markets at the reporting date, a Level 1 measurement. The Company also measures securities by using quoted market prices for similar securities or dealer quotes, a Level 2 measurement. This category generally includes U.S. Government agency securities, state and municipal securities, mortgage-backed securities (“MBS”), commercial MBS, collateralized mortgage obligations, asset-backed securities, corporate bonds and trust preferred securities. | |||||||||||||||||||||||||||||||||
Trading Securities. The Company measures the fair value of trading securities based on quoted market prices in active exchange markets at the reporting date, a Level 1 measurement. The Company also measures the fair value for other trading securities based on quoted market prices for similar securities or dealer quotes, a Level 2 measurement. | |||||||||||||||||||||||||||||||||
Warrants. The Company measures the fair value of warrants based on unobservable inputs based on assumption and management judgment, a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Currency Option and Foreign Exchange Contracts. The Company measures the fair value of currency option and foreign exchange contracts based on dealer quotes on a recurring basis, a Level 2 measurement. | |||||||||||||||||||||||||||||||||
Interest Rate Swaps. Fair value of interest rate swaps is derived from observable market prices for similar assets on a recurring basis, a Level 2 measurement. | |||||||||||||||||||||||||||||||||
The valuation techniques for the assets and liabilities valued on a nonrecurring basis are as follows: | |||||||||||||||||||||||||||||||||
Impaired Loans. The Company does not record loans at fair value on a recurring basis. However, from time to time, nonrecurring fair value adjustments to collateral dependent impaired loans are recorded based on either the current appraised value of the collateral, a Level 2 measurement, or management’s judgment and estimation of value reported on older appraisals that are then adjusted based on recent market trends, a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Goodwill. The Company first assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC Topic 350. The two-step impairment testing process, if needed, begins by assigning net assets and goodwill to the three reporting units— Commercial Lending, Retail Banking, and East Coast Operations. The Company then completes “step one” of the impairment test by comparing the fair value of each reporting unit (as determined based on the discussion below) with the recorded book value (or “carrying amount”) of its net assets, with goodwill included in the computation of the carrying amount. If the fair value of a reporting unit exceeds its carrying amount, goodwill of that reporting unit is not considered impaired, and “step two” of the impairment test is not necessary. If the carrying amount of a reporting unit exceeds its fair value, step two of the impairment test is performed to determine the amount of impairment. Step two of the impairment test compares the carrying amount of the reporting unit’s goodwill to the “implied fair value” of that goodwill. The implied fair value of goodwill is computed by assuming that all assets and liabilities of the reporting unit would be adjusted to the current fair value, with the offset as an adjustment to goodwill. This adjusted goodwill balance is the implied fair value used in step two. An impairment charge is recognized for the amount by which the carrying amount of goodwill exceeds its implied fair value. In connection with the determination of fair value, certain data and information is utilized, including earnings forecasts at the reporting unit level for the next four years. Other key assumptions include terminal values based on future growth rates and discount rates for valuing the cash flows, which have inputs for the risk-free rate, market risk premium, and adjustments to reflect inherent risk and required market returns. Because of the significance of unobservable inputs in the valuation of goodwill impairment, goodwill subject to nonrecurring fair value adjustments is classified as a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Core Deposit Intangibles. Core deposit intangibles is initially recorded at fair value based on a valuation of the core deposits acquired and is amortized over its estimated useful life to its residual value in proportion to the economic benefits consumed. The Company assesses the recoverability of this intangible asset on a nonrecurring basis using the core deposits remaining at the assessment date and the fair value of cash flows expected to be generated from the core deposits, a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Other Real Estate Owned. Real estate acquired in the settlement of loans is initially recorded at fair value based on the appraised value of the property on the date of transfer, less estimated costs to sell, a Level 2 measurement. From time to time, nonrecurring fair value adjustments are made to other real estate owned based on the current updated appraised value of the property, also a Level 2 measurement, or management’s judgment and estimation of value reported on older appraisals that are then adjusted based on recent market trends, a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Investments in Venture Capital. The Company periodically reviews its investments in venture capital for other-than-temporary impairment on a nonrecurring basis. Investments in venture capital were written down to their fair value based on available financial reports from venture capital partnerships and management’s judgment and estimation, a Level 3 measurement. | |||||||||||||||||||||||||||||||||
Equity Investments. The Company records equity investments at fair value on a nonrecurring basis based on quoted market prices in active exchange markets at the reporting date, a Level 1 measurement. | |||||||||||||||||||||||||||||||||
The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of September 30, 2013, and December 31, 2012: | |||||||||||||||||||||||||||||||||
30-Sep-13 | Fair Value Measurements Using | Total at | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Fair Value | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||||||||||
U.S. Treasury securities | $ | 460,333 | $ | - | $ | - | $ | 460,333 | |||||||||||||||||||||||||
Mortgage-backed securities | - | 1,095,019 | - | 1,095,019 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations | - | 6,697 | - | 6,697 | |||||||||||||||||||||||||||||
Asset-backed securities | - | 128 | - | 128 | |||||||||||||||||||||||||||||
Corporate debt securities | - | 167,840 | - | 167,840 | |||||||||||||||||||||||||||||
Mutual funds | 5,812 | - | - | 5,812 | |||||||||||||||||||||||||||||
Preferred stock of government sponsored entities | - | 7,480 | - | 7,480 | |||||||||||||||||||||||||||||
Total securities available-for-sale | 466,145 | 1,277,164 | - | 1,743,309 | |||||||||||||||||||||||||||||
Trading securities | - | 4,855 | - | 4,855 | |||||||||||||||||||||||||||||
Warrants | - | - | 49 | 49 | |||||||||||||||||||||||||||||
Foreign exchange contracts | - | 5,816 | - | 5,816 | |||||||||||||||||||||||||||||
Total assets | $ | 466,145 | $ | 1,287,835 | $ | 49 | $ | 1,754,029 | |||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Option contracts | $ | - | $ | 1 | $ | - | $ | 1 | |||||||||||||||||||||||||
Foreign exchange contracts | $ | - | $ | 4,725 | $ | - | $ | 4,725 | |||||||||||||||||||||||||
Total liabilities | $ | - | $ | 4,726 | $ | - | $ | 4,726 | |||||||||||||||||||||||||
31-Dec-12 | Fair Value Measurements Using | Total at | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Fair Value | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||||||||||
U.S. Treasury securities | $ | 509,971 | $ | - | $ | - | $ | 509,971 | |||||||||||||||||||||||||
Mortgage-backed securities | - | 416,694 | - | 416,694 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations | - | 10,168 | - | 10,168 | |||||||||||||||||||||||||||||
Asset-backed securities | - | 141 | - | 141 | |||||||||||||||||||||||||||||
Corporate debt securities | - | 335,977 | - | 335,977 | |||||||||||||||||||||||||||||
Mutual funds | 6,079 | - | - | 6,079 | |||||||||||||||||||||||||||||
Preferred stock of government sponsored entities | - | 2,335 | - | 2,335 | |||||||||||||||||||||||||||||
Trust preferred securities | 10,115 | - | - | 10,115 | |||||||||||||||||||||||||||||
Total securities available-for-sale | 526,165 | 765,315 | - | 1,291,480 | |||||||||||||||||||||||||||||
Trading securities | - | 4,703 | - | 4,703 | |||||||||||||||||||||||||||||
Warrants | - | - | 104 | 104 | |||||||||||||||||||||||||||||
Foreign exchange contracts | - | 2,924 | - | 2,924 | |||||||||||||||||||||||||||||
Total assets | $ | 526,165 | $ | 772,942 | $ | 104 | $ | 1,299,211 | |||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Option contracts | $ | - | $ | 2 | $ | - | $ | 2 | |||||||||||||||||||||||||
Foreign exchange contracts | - | 1,586 | - | 1,586 | |||||||||||||||||||||||||||||
Total liabilities | $ | - | $ | 1,588 | $ | - | $ | 1,588 | |||||||||||||||||||||||||
The Company measured the fair value of its warrants on a recurring basis using significant unobservable inputs. The fair value of warrants was $49,000 at September 30, 2013, compared to $104,000 at December 31, 2012. The fair value adjustment of warrants was included in other operating income in the third quarter of 2013. | |||||||||||||||||||||||||||||||||
For financial assets measured at fair value on a nonrecurring basis that were still reflected in the balance sheet at September 30, 2013, the following table provides the level of valuation assumptions used to determine each adjustment, the carrying value of the related individual assets as of September 30, 2013, and December 31, 2012, and the total losses/(gains) for the periods indicated: | |||||||||||||||||||||||||||||||||
30-Sep-13 | Total Losses/(gains) | ||||||||||||||||||||||||||||||||
Fair Value Measurements Using | Three Months ended | Nine Months ended | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Total at | 30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Impaired loans by type: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | - | $ | 6,502 | $ | 6,502 | $ | - | $ | 1,983 | $ | 536 | $ | 2,848 | |||||||||||||||||
Commercial mortgage loans | - | - | 28,533 | 28,533 | 394 | - | 459 | - | |||||||||||||||||||||||||
Construction- residential | - | - | 500 | 500 | - | - | - | - | |||||||||||||||||||||||||
Construction- other | - | - | 13,503 | 13,503 | - | - | - | - | |||||||||||||||||||||||||
Real estate loans | - | - | - | - | - | - | - | 301 | |||||||||||||||||||||||||
Residential mortgage loans and equity lines | - | - | 13,404 | 13,404 | 160 | 251 | 191 | 782 | |||||||||||||||||||||||||
Land loans | - | - | 27 | 27 | - | - | - | - | |||||||||||||||||||||||||
Total impaired loans | - | - | 62,469 | 62,469 | 554 | 2,234 | 1,186 | 3,931 | |||||||||||||||||||||||||
Other real estate owned (1) | - | 27,081 | 8,321 | 35,402 | 111 | 2,875 | (1,267 | ) | 10,602 | ||||||||||||||||||||||||
Investments in venture capital | - | - | 9,085 | 9,085 | 84 | 39 | 295 | 226 | |||||||||||||||||||||||||
Equity investments | 642 | - | - | 642 | - | - | - | 43 | |||||||||||||||||||||||||
Total assets | $ | 642 | $ | 27,081 | $ | 79,875 | $ | 107,598 | $ | 749 | $ | 5,148 | $ | 214 | $ | 14,802 | |||||||||||||||||
-1 | Other real estate owned balance of $49.8 million in the condensed consolidated balance sheet is net of estimated disposal costs. | ||||||||||||||||||||||||||||||||
31-Dec-12 | Total Losses | ||||||||||||||||||||||||||||||||
Fair Value Measurements Using | Twelve months ended | ||||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Total at | 31-Dec-12 | 31-Dec-11 | ||||||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Impaired loans by type: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | - | $ | 3,492 | $ | 3,492 | $ | - | $ | 877 | |||||||||||||||||||||
Commercial mortgage loans | - | - | 11,295 | 11,295 | 440 | - | |||||||||||||||||||||||||||
Construction- residential | - | - | 500 | 500 | - | - | |||||||||||||||||||||||||||
Construction- other | - | - | 46,153 | 46,153 | 65 | - | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | - | - | 11,206 | 11,206 | 605 | 820 | |||||||||||||||||||||||||||
Land loans | - | - | 297 | 297 | 162 | 46 | |||||||||||||||||||||||||||
Total impaired loans | - | - | 72,943 | 72,943 | 1,272 | 1,743 | |||||||||||||||||||||||||||
Other real estate owned (1) | - | 27,149 | 4,841 | 31,990 | 10,904 | 7,003 | |||||||||||||||||||||||||||
Investments in venture capital | - | - | 9,001 | 9,001 | 309 | 379 | |||||||||||||||||||||||||||
Equity investments | 142 | - | - | 142 | 181 | 200 | |||||||||||||||||||||||||||
Total assets | $ | 142 | $ | 27,149 | $ | 86,785 | $ | 114,076 | $ | 12,666 | $ | 9,325 | |||||||||||||||||||||
-1 | Other real estate owned balance of $46.4 million in the condensed consolidated balance sheet is net of estimated disposal costs. | ||||||||||||||||||||||||||||||||
The significant unobservable (Level 3) inputs used in the fair value measurement of collateral for collateral-dependent impaired loans was primarily based on the appraised value of collateral adjusted by estimated sales cost and commissions. The Company generally obtains new appraisal reports every nine months. As the Company’s primary objective in the event of default would be to monetize the collateral to settle the outstanding balance of the loan, less marketable collateral would receive a larger discount. During the reported periods, collateral discounts ranged from 45% in the case of accounts receivable collateral to 65% in the case of inventory collateral. | |||||||||||||||||||||||||||||||||
The significant unobservable inputs used in the fair value measurement of loans held for sale was primarily based on the quoted price or sale price adjusted by estimated sales cost and commissions. The significant unobservable inputs used in the fair value measurement of other real estate owned (“OREO”) was primarily based on the appraised value of OREO adjusted by estimated sales cost and commissions. | |||||||||||||||||||||||||||||||||
The Company applies estimated sales cost and commission ranging from 3% to 6% to collateral value of impaired loans, quoted price, or loan sale price of loans held for sale, and appraised value of OREOs. | |||||||||||||||||||||||||||||||||
The significant unobservable inputs in the Black-Scholes option pricing model for the fair value of warrants are the expected life of warrant ranging from 2 to 4 years, risk-free interest rate from 0.33% to 1.01%, and stock volatility from 12.6% to 16.6%. |
Note_12_Fair_Value_of_Financia
Note 12 - Fair Value of Financial Instruments | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||
12. Fair Value of Financial Instruments | |||||||||||||||||
The following methods and assumptions were used to estimate the fair value of each class of financial instruments. | |||||||||||||||||
Cash and Cash Equivalents. For cash and cash equivalents, the carrying amount was assumed to be a reasonable estimate of fair value, a Level 1 measurement. | |||||||||||||||||
Short-term Investments. For short-term investments, the carrying amount was assumed to be a reasonable estimate of fair value, a Level 1 measurement. | |||||||||||||||||
Securities Purchased under Agreements to Resell. The fair value of securities purchased under agreements to resell is based on dealer quotes, a Level 2 measurement. | |||||||||||||||||
Securities. For securities, including securities held-to-maturity, available-for-sale and for trading, fair values were based on quoted market prices at the reporting date. If a quoted market price was not available, fair value was estimated using quoted market prices for similar securities or dealer quotes. For certain actively traded agency preferred stocks and U.S. Treasury securities, the Company measures the fair value based on quoted market prices in active exchange markets at the reporting date, a Level 1 measurement. The Company also measures securities by using quoted market prices for similar securities or dealer quotes, a Level 2 measurement. This category generally includes U.S. Government agency securities, state and municipal securities, mortgage-backed securities (“MBS”), commercial MBS, collateralized mortgage obligations, asset-backed securities, and corporate bonds. | |||||||||||||||||
Loans. Fair values were estimated for portfolios of loans with similar financial characteristics. Each loan category was further segmented into fixed and adjustable rate interest terms and by performing and non-performing categories. | |||||||||||||||||
The fair value of performing loans was calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk inherent in the loan, a Level 3 measurement. | |||||||||||||||||
The fair value of impaired loans was calculated based on the net realizable fair value of the collateral or the observable market price of the most recent sale or quoted price from loans held for sale. The Company does not record loans at fair value on a recurring basis. Nonrecurring fair value adjustments to collateral dependent impaired loans are recorded based on the current appraised value of the collateral, a Level 2 measurement. | |||||||||||||||||
Deposit Liabilities. The fair value of demand deposits, savings accounts, and certain money market deposits was assumed to be the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit was estimated using the rates currently offered for deposits with similar remaining maturities, a Level 3 measurement. | |||||||||||||||||
Securities Sold under Agreements to Repurchase. The fair value of securities sold under agreements to repurchase is based on dealer quotes, a Level 2 measurement. | |||||||||||||||||
Advances from Federal Home Loan Bank (“FHLB”). The fair value of the advances is based on quotes from the FHLB to settle the advances, a Level 2 measurement. | |||||||||||||||||
Other Borrowings. This category includes borrowings from other financial institutions. The fair value of other borrowings is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk, a Level 3 measurement. | |||||||||||||||||
Long-term Debt. The fair value of long-term debt is estimated based on the quoted market prices or dealer quotes, a Level 2 measurement. | |||||||||||||||||
Currency Option and Foreign Exchange Contracts. The Company measures the fair value of currency option and foreign exchange contracts based on dealer quotes, a Level 2 measurement. | |||||||||||||||||
Interest Rate Swaps. Fair value of interest rate swaps was derived from observable market prices for similar assets, a Level 2 measurement. | |||||||||||||||||
Off-Balance-Sheet Financial Instruments. The fair value of commitments to extend credit, standby letters of credit, and financial guarantees written were estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counter parties. The fair value of guarantees and letters of credit was based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counter parties at the reporting date. The fair value of off-balance-sheet financial instruments was based on the assumptions that a market participant would use, a Level 3 measurement. | |||||||||||||||||
Fair value was estimated in accordance with ASC Topic 825, formerly SFAS 107. Fair value estimates were made at specific points in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Bank’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Bank’s financial instruments, fair value estimates were based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates were subjective in nature and involved uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. The following table presents the estimated fair value of financial instruments as of September 30, 2013, and as of December 31, 2012: | |||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||
Carrying | Fair Value | Carrying | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 201,815 | $ | 201,815 | $ | 144,909 | $ | 144,909 | |||||||||
Short-term investments | 389,024 | 389,024 | 411,983 | 411,983 | |||||||||||||
Securities held-to-maturity | - | - | 773,768 | 823,906 | |||||||||||||
Securities available-for-sale | 1,743,309 | 1,743,309 | 1,291,480 | 1,291,480 | |||||||||||||
Trading securities | 4,855 | 4,855 | 4,703 | 4,703 | |||||||||||||
Loans, net | 7,637,628 | 7,460,436 | 7,235,587 | 7,169,732 | |||||||||||||
Investment in Federal Home Loan Bank stock | 28,683 | 28,683 | 41,272 | 41,272 | |||||||||||||
Warrants | 49 | 49 | 104 | 104 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Option contracts | $ | - | $ | - | $ | 105 | $ | - | |||||||||
Foreign exchange contracts | 277,430 | 5,816 | 188,145 | 2,924 | |||||||||||||
Carrying | Fair Value | Carrying | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | $ | 7,918,543 | $ | 7,917,105 | $ | 7,383,225 | $ | 7,389,015 | |||||||||
Securities sold under agreements to repurchase | 800,000 | 858,315 | 1,250,000 | 1,361,585 | |||||||||||||
Advances from Federal Home Loan Bank | 376,200 | 376,429 | 146,200 | 146,789 | |||||||||||||
Other borrowings | 19,108 | 16,020 | 18,713 | 14,573 | |||||||||||||
Long-term debt | 171,136 | 97,604 | 171,136 | 98,392 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Option contracts | $ | - | $ | 1 | $ | 104 | $ | 2 | |||||||||
Foreign exchange contracts | 185,558 | 4,725 | 133,669 | 1,586 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Off-Balance Sheet Financial Instruments | |||||||||||||||||
Commitments to extend credit | $ | 1,760,520 | $ | (1,919 | ) | $ | 1,740,463 | $ | (1,875 | ) | |||||||
Standby letters of credit | 46,457 | (200 | ) | 44,672 | (204 | ) | |||||||||||
Other letters of credit | 88,601 | (50 | ) | 71,073 | (34 | ) | |||||||||||
Bill of lading guarantees | 172 | - | 77 | - | |||||||||||||
The following table presents the level in the fair value hierarchy for the estimated fair values of only financial instruments that are not already included on the condensed consolidated balance sheets at fair value as of September 30, 2013, and December 31, 2012. | |||||||||||||||||
30-Sep-13 | |||||||||||||||||
Estimated | Level 1 | Level 2 | Level 3 | ||||||||||||||
Fair Value | |||||||||||||||||
Measurements | |||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 201,815 | $ | 201,815 | $ | - | $ | - | |||||||||
Short-term investments | 389,024 | 389,024 | - | - | |||||||||||||
Securities available-for-sale | 1,743,309 | 466,145 | 1,277,164 | - | |||||||||||||
Trading securities | 4,855 | - | 4,855 | - | |||||||||||||
Loans, net | 7,460,436 | - | - | 7,460,436 | |||||||||||||
Investment in Federal Home Loan Bank stock | 28,683 | - | 28,683 | - | |||||||||||||
Warrants | 49 | - | - | 49 | |||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | 7,917,105 | - | - | 7,917,105 | |||||||||||||
Securities sold under agreements to repurchase | 858,315 | - | 858,315 | - | |||||||||||||
Advances from Federal Home Loan Bank | 376,429 | - | 376,429 | - | |||||||||||||
Other borrowings | 16,020 | - | - | 16,020 | |||||||||||||
Long-term debt | 97,604 | - | 97,604 | - | |||||||||||||
31-Dec-12 | |||||||||||||||||
Estimated | Level 1 | Level 2 | Level 3 | ||||||||||||||
Fair Value | |||||||||||||||||
Measurements | |||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 144,909 | $ | 144,909 | $ | - | $ | - | |||||||||
Short-term investments | 411,983 | 411,983 | - | - | |||||||||||||
Securities held-to-maturity | 823,906 | - | 823,906 | - | |||||||||||||
Securities available-for-sale | 1,291,480 | 526,165 | 765,315 | - | |||||||||||||
Trading securities | 4,703 | - | 4,703 | - | |||||||||||||
Loans, net | 7,169,732 | - | - | 7,169,732 | |||||||||||||
Investment in Federal Home Loan Bank stock | 41,272 | - | 41,272 | - | |||||||||||||
Warrants | 104 | - | - | 104 | |||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | 7,389,015 | - | - | 7,389,015 | |||||||||||||
Securities sold under agreements to repurchase | 1,361,585 | - | 1,361,585 | - | |||||||||||||
Advances from Federal Home Loan Bank | 146,789 | - | 146,789 | - | |||||||||||||
Other borrowings | 14,573 | - | - | 14,573 | |||||||||||||
Long-term debt | 98,392 | - | 98,392 | - | |||||||||||||
Note_13_Goodwill_and_Goodwill_
Note 13 - Goodwill and Goodwill Impairment | 9 Months Ended |
Sep. 30, 2013 | |
Goodwill and Intangible Assets Disclosure [Abstract] | ' |
Goodwill and Intangible Assets Disclosure [Text Block] | ' |
13. Goodwill and Goodwill Impairment | |
The Company’s policy is to assess goodwill for impairment at the reporting unit level on an annual basis or between annual assessments if a triggering event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Impairment is the condition that exists when the carrying amount of goodwill exceeds its implied fair value. | |
The Company first assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC Topic 350. The two-step impairment testing process, if needed, begins by assigning net assets and goodwill to our three reporting units— Commercial Lending, Retail Banking, and East Coast Operations. The Company then completes “step one” of the impairment test by comparing the fair value of each reporting unit (as determined based on the discussion below) with the recorded book value (or “carrying amount”) of its net assets, with goodwill included in the computation of the carrying amount. If the fair value of a reporting unit exceeds its carrying amount, goodwill of that reporting unit is not considered impaired, and “step two” of the impairment test is not necessary. If the carrying amount of a reporting unit exceeds its fair value, step two of the impairment test is performed to determine the amount of impairment. Step two of the impairment test compares the carrying amount of the reporting unit’s goodwill to the “implied fair value” of that goodwill. The implied fair value of goodwill is computed by assuming that all assets and liabilities of the reporting unit would be adjusted to the current fair value, with the offset as an adjustment to goodwill. This adjusted goodwill balance is the implied fair value used in step two. An impairment charge is recognized for the amount by which the carrying amount of goodwill exceeds its implied fair value. | |
At September 30, 2013, the Company’s market capitalization was above book value and there was no triggering event that required the Company to assess goodwill for impairment as of an interim date. |
Note_14_Financial_Derivatives
Note 14 - Financial Derivatives | 9 Months Ended |
Sep. 30, 2013 | |
Derivative Instrument Detail [Abstract] | ' |
Schedule of Derivative Instruments [Table Text Block] | ' |
14. Financial Derivatives | |
It is the policy of the Company not to speculate on the future direction of interest rates. However, the Company enters into financial derivatives in order to seek mitigation of exposure to interest rate risks related to our interest-earning assets and interest-bearing liabilities. We believe that these transactions, when properly structured and managed, may provide a hedge against inherent interest rate risk in the Company’s assets or liabilities and against risk in specific transactions. In such instances, the Company may protect its position through the purchase or sale of interest rate futures contracts for a specific cash or interest rate risk position. Other hedge transactions may be implemented using interest rate swaps, interest rate caps, floors, financial futures, forward rate agreements, and options on futures or bonds. Prior to considering any hedging activities, we seek to analyze the costs and benefits of the hedge in comparison to other viable alternative strategies. All hedges will require an assessment of basis risk and must be approved by the Bank’s Investment Committee. | |
The Company follows ASC Topic 815 that establishes accounting and reporting standards for financial derivatives, including certain financial derivatives embedded in other contracts, and hedging activities. It requires the recognition of all financial derivatives as assets or liabilities in the Company’s consolidated balance sheet and measurement of those financial derivatives at fair value. The accounting treatment of changes in fair value is dependent upon whether or not a financial derivative is designated as a hedge and, if so, the type of hedge. | |
The Company enters into foreign exchange forward contracts and foreign currency option contracts with various counter parties to mitigate the risk of fluctuations in foreign currency exchange rates for foreign exchange certificates of deposit, foreign exchange contracts, or foreign currency option contracts entered into with our clients. These contracts are not designated as hedging instruments and are recorded at fair value in our condensed consolidated balance sheets. Changes in the fair value of these contracts as well as the related foreign exchange certificates of deposit, foreign exchange contracts or foreign currency option contracts are recognized immediately in net income as a component of non-interest income. Period end gross positive fair values are recorded in other assets and gross negative fair values are recorded in other liabilities. At September 30, 2013, the notional amount of option contracts totaled $101,000 with a net negative fair value of $1,000. Spot and forward contracts in the total notional amount of $277.4 million had a positive fair value of $5.8 million at September 30, 2013. Spot and forward contracts in the total notional amount of $185.6 million had a negative fair value of $4.7 million at September 30, 2013. At December 31, 2012, the notional amount of option contracts totaled $209,000 with a net negative fair value of $2,000. Spot and forward contracts in the total notional amount of $188.1 million had a positive fair value of $2.9 million at December 31, 2012. Spot and forward contracts in the total notional amount of $133.7 million had a negative fair value of $1.6 million at December 31, 2012. |
Note_15_Balance_Sheet_Offsetti
Note 15 - Balance Sheet Offsetting | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||
Supplemental Balance Sheet Disclosures [Text Block] | ' | ||||||||||||||||||||||||
15. Balance Sheet Offsetting | |||||||||||||||||||||||||
Certain financial instruments, including resell and repurchase agreements, securities lending arrangements and derivatives, may be eligible for offset in the consolidated balance sheet and/or subject to master netting arrangements or similar agreements. The Company’s securities sold with agreement to repurchase and derivative transactions with upstream financial institution counter parties are generally executed under International Swaps and Derivative Association master agreements which include “right of set-off” provisions. In such cases there is generally a legally enforceable right to offset recognized amounts and there may be an intention to settle such amounts on a net basis. Nonetheless, the Company does not generally offset such financial instruments for financial reporting purposes. | |||||||||||||||||||||||||
Financial instruments that are eligible for offset in the condensed consolidated balance sheets, as of September 30, 2013, and December 31, 2012, are presented in the following tables: | |||||||||||||||||||||||||
Gross Amounts Not Offset in the Statement of Financial Position | |||||||||||||||||||||||||
(In thousands) | Gross Amounts of Recognized Liabilities | Gross Amounts Offset in the Balance Sheet | Net Amounts of Liabilities Presented in the Balance Sheet | Financial Instruments | Collateral Posted | Net Amount | |||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Securities sold under agreements to repurchase | $ | 800,000 | $ | - | $ | 800,000 | $ | - | $ | (800,000 | ) | $ | - | ||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Securities sold under agreements to repurchase | $ | 1,250,000 | $ | - | $ | 1,250,000 | $ | - | $ | (1,250,000 | ) | $ | - | ||||||||||||
Note_16_Stockholders_Equity
Note 16 - Stockholders' Equity | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | ||||||||||||||||||||||||
16. Stockholders’ Equity | |||||||||||||||||||||||||
Total equity was $1.44 billion at September 30, 2013, a decrease of $194.2 million, or 11.9%, from $1.63 billion at December 31, 2012, primarily due to the redemptions in two equal installments on March 20, 2013 and on September 30, 2013 of Bancorp’s $258 million of Series B Preferred Stock issued under the U.S. Treasury's TARP Capital Purchase Program and increases in unrealized losses on securities available for sale of $21.6 million offset by $91.7 million in net income. | |||||||||||||||||||||||||
The accumulated other comprehensive loss as of September 30, 2013, was all from unrealized losses on securities available-for-sale. Activity in accumulated other comprehensive income, net of tax, and reclassification out of accumulated other comprehensive income for the three months and nine months ended September 30, 2013, was as follows: | |||||||||||||||||||||||||
Three months ended September 30, 2013 | Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Pre-tax | Tax expense | Net-of-tax | Pre-tax | Tax expense | Net-of-tax | ||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Beginning balance, net of tax | $ | (15,073 | ) | $ | 465 | ||||||||||||||||||||
Net unrealized losses arising during the period | $ | (1,854 | ) | $ | (780 | ) | $ | (1,074 | ) | $ | (48,245 | ) | $ | (20,282 | ) | $ | (27,963 | ) | |||||||
Reclassification adjustment for net securities losses included in net income | (8,688 | ) | (3,652 | ) | (5,036 | ) | (27,157 | ) | (11,417 | ) | (15,740 | ) | |||||||||||||
Net unrealized gains arising from transferring securities held-to-maturity to available-for-sale | - | - | - | 38,052 | 15,997 | 22,055 | |||||||||||||||||||
Total other comprehensive income | $ | (10,542 | ) | $ | (4,432 | ) | $ | (6,110 | ) | $ | (37,350 | ) | $ | (15,702 | ) | $ | (21,648 | ) | |||||||
Ending balance, net of tax | $ | (21,183 | ) | $ | (21,183 | ) | |||||||||||||||||||
Note_4_Earnings_per_Share_Tabl
Note 4 - Earnings per Share (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||
(Dollars in thousands, except share and per share data) | 2013 | 2012 | 2013 | 2012 | |||||||||||||
Net income attributable to Cathay General Bancorp | $ | 32,478 | $ | 30,358 | $ | 91,241 | $ | 89,132 | |||||||||
Dividends on preferred stock and noncash charge from repayment | (2,434 | ) | (4,123 | ) | (9,685 | ) | (12,361 | ) | |||||||||
Net income available to common stockholders | $ | 30,044 | $ | 26,235 | $ | 81,556 | $ | 76,771 | |||||||||
Weighted-average shares: | |||||||||||||||||
Basic weighted-average number of common shares outstanding | 78,894,262 | 78,729,272 | 78,853,333 | 78,706,150 | |||||||||||||
Dilutive effect of weighted-average outstanding common share equivalents | |||||||||||||||||
Warrants | 171,426 | - | 57,771 | - | |||||||||||||
Restricted stock units | 48,434 | 1,908 | 33,048 | 5,085 | |||||||||||||
Diluted weighted-average number of common shares outstanding | 79,114,122 | 78,731,180 | 78,944,152 | 78,711,235 | |||||||||||||
Average stock options and warrants with anti-dilutive effect | 3,668,285 | 6,080,292 | 4,958,218 | 6,133,089 | |||||||||||||
Earnings per common share: | |||||||||||||||||
Basic | $ | 0.38 | $ | 0.33 | $ | 1.03 | $ | 0.98 | |||||||||
Diluted | $ | 0.38 | $ | 0.33 | $ | 1.03 | $ | 0.98 |
Note_5_StockBased_Compensation1
Note 5 - Stock-Based Compensation (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||
Shares | Weighted-average | Weighted-average | Aggregate | ||||||||||||||
exercise price | remaining contractual | intrinsic | |||||||||||||||
life (in years) | value (in thousands) | ||||||||||||||||
Balance, December 31, 2012 | 3,996,630 | $ | 29.45 | 2.2 | $ | - | |||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | (339,340 | ) | 20.45 | ||||||||||||||
Balance, March 31, 2013 | 3,657,290 | $ | 30.28 | 2.2 | $ | - | |||||||||||
Exercised | - | - | |||||||||||||||
Forfeited | (2,980 | ) | 30.79 | ||||||||||||||
Balance, June 30, 2013 | 3,654,310 | $ | 30.28 | 1.9 | $ | - | |||||||||||
Forfeited | (21,970 | ) | 32.81 | ||||||||||||||
Balance, September 30, 2013 | 3,632,340 | $ | 30.27 | 1.7 | $ | - | |||||||||||
Exercisable, September 30, 2013 | 3,632,340 | $ | 30.27 | 1.7 | $ | - | |||||||||||
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] | ' | ||||||||||||||||
Units | |||||||||||||||||
Balance at December 31, 2012 | 256,616 | ||||||||||||||||
Granted | 22,599 | ||||||||||||||||
Forfeited | - | ||||||||||||||||
Vested | (66,539 | ) | |||||||||||||||
Balance at September 30, 2013 | 212,676 | ||||||||||||||||
' | |||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||
(Dollars in thousands) | 2013 | 2012 | 2013 | 2012 | |||||||||||||
Short-fall of tax deductions in excess of grant-date fair value | $ | (63 | ) | $ | (114 | ) | $ | (143 | ) | $ | (679 | ) | |||||
Benefit of tax deductions on grant-date fair value | 95 | 114 | 702 | 777 | |||||||||||||
Total benefit of tax deductions | $ | 32 | $ | - | $ | 559 | $ | 98 |
Note_6_Investment_Securities_T
Note 6 - Investment Securities (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
' | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | ||||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 460,119 | $ | 214 | $ | - | $ | 460,333 | |||||||||||||||||
Mortgage-backed securities | 1,131,602 | 9,364 | 45,947 | 1,095,019 | |||||||||||||||||||||
Collateralized mortgage obligations | 6,489 | 268 | 60 | 6,697 | |||||||||||||||||||||
Asset-backed securities | 127 | 1 | - | 128 | |||||||||||||||||||||
Corporate debt securities | 174,953 | 186 | 7,299 | 167,840 | |||||||||||||||||||||
Mutual funds | 6,000 | - | 188 | 5,812 | |||||||||||||||||||||
Preferred stock of government sponsored entities | 569 | 6,911 | - | 7,480 | |||||||||||||||||||||
Total securities available-for-sale | $ | 1,779,859 | $ | 16,944 | $ | 53,494 | $ | 1,743,309 | |||||||||||||||||
Total investment securities | $ | 1,779,859 | $ | 16,944 | $ | 53,494 | $ | 1,743,309 | |||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | ||||||||||||||||||||||
Cost | Unrealized | Unrealized | |||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Securities Held-to-Maturity | |||||||||||||||||||||||||
State and municipal securities | $ | 129,037 | $ | 9,268 | $ | - | $ | 138,305 | |||||||||||||||||
Mortgage-backed securities | 634,757 | 40,801 | - | 675,558 | |||||||||||||||||||||
Corporate debt securities | 9,974 | 69 | - | 10,043 | |||||||||||||||||||||
Total securities held-to-maturity | $ | 773,768 | $ | 50,138 | $ | - | $ | 823,906 | |||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 509,748 | $ | 228 | $ | 5 | $ | 509,971 | |||||||||||||||||
Mortgage-backed securities | 404,505 | 12,194 | 5 | 416,694 | |||||||||||||||||||||
Collateralized mortgage obligations | 9,772 | 430 | 34 | 10,168 | |||||||||||||||||||||
Asset-backed securities | 145 | - | 4 | 141 | |||||||||||||||||||||
Corporate debt securities | 349,973 | 106 | 14,102 | 335,977 | |||||||||||||||||||||
Mutual funds | 6,000 | 79 | - | 6,079 | |||||||||||||||||||||
Preferred stock of government sponsored entities | 569 | 1,766 | - | 2,335 | |||||||||||||||||||||
Trust preferred securities | 9,964 | 151 | - | 10,115 | |||||||||||||||||||||
Total securities available-for-sale | $ | 1,290,676 | $ | 14,954 | $ | 14,150 | $ | 1,291,480 | |||||||||||||||||
Total investment securities | $ | 2,064,444 | $ | 65,092 | $ | 14,150 | $ | 2,115,386 | |||||||||||||||||
' | |||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||
Amortized cost | Fair value | ||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Due in one year or less | $ | 460,141 | $ | 460,355 | |||||||||||||||||||||
Due after one year through five years | 98,079 | 98,283 | |||||||||||||||||||||||
Due after five years through ten years | 119,240 | 114,235 | |||||||||||||||||||||||
Due after ten years (1) | 1,102,399 | 1,070,436 | |||||||||||||||||||||||
Total | $ | 1,779,859 | $ | 1,743,309 | |||||||||||||||||||||
' | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Temporarily impaired securities | |||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | ||||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
Mortgage-backed securities | $ | 882,851 | $ | 45,944 | $ | 154 | $ | 2 | $ | 883,005 | $ | 45,946 | |||||||||||||
Mortgage-backed securities-Non-agency | 94 | 1 | - | - | 94 | 1 | |||||||||||||||||||
Collateralized mortgage obligations | 68 | 1 | 332 | 59 | 400 | 60 | |||||||||||||||||||
Corporate debt securities | 9,984 | 16 | 122,717 | 7,283 | 132,701 | 7,299 | |||||||||||||||||||
Mutual funds | 5,812 | 188 | - | - | 5,812 | 188 | |||||||||||||||||||
Total securities available-for-sale | $ | 898,809 | $ | 46,150 | $ | 123,203 | $ | 7,344 | $ | 1,022,012 | $ | 53,494 | |||||||||||||
Total investment securities | $ | 898,809 | $ | 46,150 | $ | 123,203 | $ | 7,344 | $ | 1,022,012 | $ | 53,494 | |||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Temporarily impaired securities | |||||||||||||||||||||||||
Less than 12 months | 12 months or longer | Total | |||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | ||||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||
Securities Available-for-Sale | |||||||||||||||||||||||||
U.S. treasury securities | $ | 49,969 | $ | 5 | $ | - | $ | - | $ | 49,969 | $ | 5 | |||||||||||||
Mortgage-backed securities | 231 | 1 | 170 | 1 | 401 | 2 | |||||||||||||||||||
Mortgage-backed securities-Non-agency | - | - | 96 | 2 | 96 | 2 | |||||||||||||||||||
Collateralized mortgage obligations | - | - | 439 | 35 | 439 | 35 | |||||||||||||||||||
Asset-backed securities | - | - | 141 | 4 | 141 | 4 | |||||||||||||||||||
Corporate debt securities | 52,468 | 2,532 | 253,430 | 11,570 | 305,898 | 14,102 | |||||||||||||||||||
Total securities available-for-sale | $ | 102,668 | $ | 2,538 | $ | 254,276 | $ | 11,612 | $ | 356,944 | $ | 14,150 | |||||||||||||
Total investment securities | $ | 102,668 | $ | 2,538 | $ | 254,276 | $ | 11,612 | $ | 356,944 | $ | 14,150 |
Note_7_Loans_Tables
Note 7 - Loans (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Note 7 - Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
' | |||||||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Type of Loans: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 2,237,902 | $ | 2,127,107 | |||||||||||||||||||||||||||||
Residential mortgage loans | 1,293,849 | 1,146,230 | |||||||||||||||||||||||||||||||
Commercial mortgage loans | 3,921,348 | 3,768,452 | |||||||||||||||||||||||||||||||
Equity lines | 173,798 | 193,852 | |||||||||||||||||||||||||||||||
Real estate construction loans | 189,867 | 180,950 | |||||||||||||||||||||||||||||||
Installment and other loans | 15,249 | 12,556 | |||||||||||||||||||||||||||||||
Gross loans | 7,832,013 | 7,429,147 | |||||||||||||||||||||||||||||||
Less: | |||||||||||||||||||||||||||||||||
Allowance for loan losses | (181,452 | ) | (183,322 | ) | |||||||||||||||||||||||||||||
Unamortized deferred loan fees | (12,933 | ) | (10,238 | ) | |||||||||||||||||||||||||||||
Total loans, net | $ | 7,637,628 | $ | 7,235,587 | |||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Impaired Loans | |||||||||||||||||||||||||||||||||
Average Recorded Investment | Interest Income Recognized | ||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | Three months ended | Nine months ended | ||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | ||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 32,187 | $ | 25,987 | $ | 24,873 | $ | 33,672 | $ | 166 | $ | 49 | $ | 395 | $ | 146 | |||||||||||||||||
Real estate construction loans | 34,946 | 41,404 | 39,014 | 51,176 | 67 | 177 | 199 | 531 | |||||||||||||||||||||||||
Commercial mortgage loans | 132,921 | 178,206 | 145,380 | 180,959 | 730 | 1,971 | 3,289 | 5,477 | |||||||||||||||||||||||||
Residential mortgage and equity lines | 16,884 | 18,370 | 17,574 | 18,420 | 106 | 49 | 227 | 148 | |||||||||||||||||||||||||
Total | $ | 216,938 | $ | 263,967 | $ | 226,841 | $ | 284,227 | $ | 1,069 | $ | 2,246 | $ | 4,110 | $ | 6,302 | |||||||||||||||||
' | |||||||||||||||||||||||||||||||||
Impaired Loans | |||||||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||||
Unpaid Principal Balance | Recorded | Allowance | Unpaid Principal Balance | Recorded | Allowance | ||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
With no allocated allowance | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 20,896 | $ | 17,699 | $ | - | $ | 29,359 | $ | 18,963 | $ | - | |||||||||||||||||||||
Real estate construction loans | 25,438 | 15,135 | - | 9,304 | 7,277 | - | |||||||||||||||||||||||||||
Commercial mortgage loans | 125,489 | 94,167 | - | 189,871 | 152,957 | - | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 2,978 | 2,969 | - | 4,303 | 4,229 | - | |||||||||||||||||||||||||||
Subtotal | $ | 174,801 | $ | 129,970 | $ | - | $ | 232,837 | $ | 183,426 | $ | - | |||||||||||||||||||||
With allocated allowance | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 22,099 | $ | 17,352 | $ | 10,849 | $ | 7,804 | $ | 4,959 | $ | 1,467 | |||||||||||||||||||||
Real estate construction loans | 28,847 | 19,694 | 5,691 | 54,718 | 34,856 | 8,158 | |||||||||||||||||||||||||||
Commercial mortgage loans | 35,582 | 34,688 | 6,129 | 14,163 | 12,928 | 1,336 | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 15,951 | 14,097 | 693 | 14,264 | 12,428 | 1,222 | |||||||||||||||||||||||||||
Subtotal | $ | 102,479 | $ | 85,831 | $ | 23,362 | $ | 90,949 | $ | 65,171 | $ | 12,183 | |||||||||||||||||||||
Total impaired loans | $ | 277,280 | $ | 215,801 | $ | 23,362 | $ | 323,786 | $ | 248,597 | $ | 12,183 | |||||||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Non-accrual Loans | Total Past Due | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | More Past | Past Due | ||||||||||||||||||||||||||||||
Due | |||||||||||||||||||||||||||||||||
Type of Loans: | (In thousands) | ||||||||||||||||||||||||||||||||
Commercial loans | $ | 17,034 | $ | 4,136 | $ | - | $ | 24,506 | $ | 45,676 | $ | 2,192,226 | $ | 2,237,902 | |||||||||||||||||||
Real estate construction loans | - | - | - | 28,995 | 28,995 | 160,872 | 189,867 | ||||||||||||||||||||||||||
Commercial mortgage loans | 2,396 | 262 | 499 | 35,996 | 39,153 | 3,882,195 | 3,921,348 | ||||||||||||||||||||||||||
Residential mortgage loans | 3,310 | 2,237 | - | 10,364 | 15,911 | 1,451,736 | 1,467,647 | ||||||||||||||||||||||||||
Installment and other loans | 208 | - | - | - | 208 | 15,041 | 15,249 | ||||||||||||||||||||||||||
Total loans | $ | 22,948 | $ | 6,635 | $ | 499 | $ | 99,861 | $ | 129,943 | $ | 7,702,070 | $ | 7,832,013 | |||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Non-accrual Loans | Total Past Due | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | More Past | Past Due | ||||||||||||||||||||||||||||||
Due | |||||||||||||||||||||||||||||||||
Type of Loans: | (In thousands) | ||||||||||||||||||||||||||||||||
Commercial loans | $ | 16,832 | $ | 1,610 | $ | 630 | $ | 19,958 | $ | 39,030 | $ | 2,088,077 | $ | 2,127,107 | |||||||||||||||||||
Real estate construction loans | - | 1,471 | - | 36,299 | 37,770 | 143,180 | 180,950 | ||||||||||||||||||||||||||
Commercial mortgage loans | 21,570 | 3,627 | - | 35,704 | 60,901 | 3,707,551 | 3,768,452 | ||||||||||||||||||||||||||
Residential mortgage loans | 5,324 | 1,972 | - | 11,941 | 19,237 | 1,320,845 | 1,340,082 | ||||||||||||||||||||||||||
Installment and other loans | - | - | - | - | - | 12,556 | 12,556 | ||||||||||||||||||||||||||
Total loans | $ | 43,726 | $ | 8,680 | $ | 630 | $ | 103,902 | $ | 156,938 | $ | 7,272,209 | $ | 7,429,147 | |||||||||||||||||||
' | |||||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | 30-Sep-13 | ||||||||||||||||||||||||||||||||
No. of Contracts | Pre-Modification Outstanding Recorded | Post-Modification Outstanding Recorded | Charge-offs | Specific Reserve | |||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | 9 | 11,705 | 10,516 | $ | 1,189 | $ | 71 | ||||||||||||||||||||||||||
Commercial mortgage loans | 3 | 7,474 | 7,474 | - | 191 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 11 | 3,736 | 3,658 | 78 | 125 | ||||||||||||||||||||||||||||
Total | 23 | $ | 22,915 | $ | 21,648 | $ | 1,267 | $ | 387 | ||||||||||||||||||||||||
Nine months ended September 30, 2012 | 30-Sep-13 | ||||||||||||||||||||||||||||||||
No. of Contracts | Pre-Modification Outstanding Recorded | Post-Modification Outstanding Recorded | Charge-offs | Specific Reserve | |||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | 8 | $ | 2,144 | $ | 2,144 | $ | - | $ | 75 | ||||||||||||||||||||||||
Commercial mortgage loans | 15 | 59,299 | 55,610 | 3,689 | - | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 7 | 2,895 | 2,895 | - | 70 | ||||||||||||||||||||||||||||
Total | 30 | $ | 64,338 | $ | 60,649 | $ | 3,689 | $ | 145 | ||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Accruing TDRs | Principal | Rate | Rate Reduction | Total | |||||||||||||||||||||||||||||
Deferral | Reduction | and Payment | |||||||||||||||||||||||||||||||
Deferral | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 4,813 | $ | 2,943 | $ | 2,788 | $ | 10,544 | |||||||||||||||||||||||||
Real estate construction loans | - | - | 5,833 | 5,833 | |||||||||||||||||||||||||||||
Commercial mortgage loans | 12,740 | 9,130 | 70,991 | 92,861 | |||||||||||||||||||||||||||||
Residential mortgage loans | 1,573 | 1,588 | 3,541 | 6,702 | |||||||||||||||||||||||||||||
Total accruing TDRs | $ | 19,126 | $ | 13,661 | $ | 83,153 | $ | 115,940 | |||||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Accruing TDRs | Principal | Rate | Rate Reduction | Rate Reduction | Total | ||||||||||||||||||||||||||||
Deferral | Reduction | and Forgiveness | and Payment | ||||||||||||||||||||||||||||||
of Principal | Deferral | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 531 | $ | 3,020 | $ | - | $ | 413 | $ | 3,964 | |||||||||||||||||||||||
Real estate construction loans | - | - | - | 5,834 | 5,834 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 27,003 | 16,656 | 739 | 85,783 | 130,181 | ||||||||||||||||||||||||||||
Residential mortgage loans | 1,461 | 1,024 | - | 2,231 | 4,716 | ||||||||||||||||||||||||||||
Total accruing TDRs | $ | 28,995 | $ | 20,700 | $ | 739 | $ | 94,261 | $ | 144,695 | |||||||||||||||||||||||
' | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Non-accrual TDRs | Interest | Principal | Rate Reduction | Rate Reduction | Total | ||||||||||||||||||||||||||||
Deferral | Deferral | and Forgiveness | and Payment | ||||||||||||||||||||||||||||||
of Principal | Deferral | ||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | 3,026 | $ | 1,391 | $ | - | $ | 4,417 | |||||||||||||||||||||||
Real estate construction loans | - | 16,199 | - | 9,301 | 25,500 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 1,464 | 1,640 | - | 6,677 | 9,781 | ||||||||||||||||||||||||||||
Residential mortgage loans | 249 | 2,241 | - | 1,420 | 3,910 | ||||||||||||||||||||||||||||
Total non-accrual TDRs | $ | 1,713 | $ | 23,106 | $ | 1,391 | $ | 17,398 | $ | 43,608 | |||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Non-accrual TDRs | Interest | Principal | Rate | Rate Reduction | Rate Reduction | Total | |||||||||||||||||||||||||||
Deferral | Deferral | Reduction | and Forgiveness | and Payment Deferral | |||||||||||||||||||||||||||||
of Principal | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | 912 | $ | - | $ | 1,518 | $ | - | $ | 2,430 | |||||||||||||||||||||
Real estate construction loans | - | 16,767 | 9,579 | - | - | 26,346 | |||||||||||||||||||||||||||
Commercial mortgage loans | 1,685 | 2,817 | 5,746 | - | 5,076 | 15,324 | |||||||||||||||||||||||||||
Residential mortgage loans | 275 | 2,010 | 586 | - | 760 | 3,631 | |||||||||||||||||||||||||||
Total non-accrual TDRs | $ | 1,960 | $ | 22,506 | $ | 15,911 | $ | 1,518 | $ | 5,836 | $ | 47,731 | |||||||||||||||||||||
Activity Within The Troubled Debt Resturings [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||||||||||||
Accruing TDRs | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Beginning balance | $ | 115,464 | $ | 153,249 | $ | 144,695 | $ | 120,016 | |||||||||||||||||||||||||
New restructurings | 10,669 | 14,765 | 15,485 | 53,524 | |||||||||||||||||||||||||||||
Restructured loans restored to accrual status | 5,397 | 3,957 | 6,851 | 6,810 | |||||||||||||||||||||||||||||
Charge-offs | - | (251 | ) | (78 | ) | (251 | ) | ||||||||||||||||||||||||||
Payments | (15,274 | ) | (1,569 | ) | (48,663 | ) | (4,124 | ) | |||||||||||||||||||||||||
Restructured loans placed on nonaccrual | (316 | ) | - | (2,350 | ) | (5,824 | ) | ||||||||||||||||||||||||||
Ending balance | $ | 115,940 | $ | 170,151 | $ | 115,940 | $ | 170,151 | |||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||||||||||||
Non-accrual TDRs | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Beginning balance | $ | 48,524 | $ | 23,285 | $ | 47,731 | $ | 50,870 | |||||||||||||||||||||||||
New restructurings | 2,415 | 1,153 | 6,163 | 7,124 | |||||||||||||||||||||||||||||
Restructured loans placed on nonaccrual | 316 | - | 2,350 | 5,824 | |||||||||||||||||||||||||||||
Charge-offs | (1,188 | ) | - | (2,121 | ) | (4,285 | ) | ||||||||||||||||||||||||||
Payments | (1,062 | ) | (1,405 | ) | (3,664 | ) | (33,647 | ) | |||||||||||||||||||||||||
Restructured loans restored to accrual status | (5,397 | ) | (3,957 | ) | (6,851 | ) | (6,810 | ) | |||||||||||||||||||||||||
Ending balance | $ | 43,608 | $ | 19,076 | $ | 43,608 | $ | 19,076 | |||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Pass/Watch | Special Mention | Substandard | Doubtful | Total | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 2,047,158 | $ | 84,776 | $ | 94,088 | $ | 11,880 | $ | 2,237,902 | |||||||||||||||||||||||
Real estate construction loans | 151,696 | - | 34,676 | 3,495 | 189,867 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 3,543,731 | 137,183 | 240,434 | - | 3,921,348 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 1,453,498 | - | 14,149 | - | 1,467,647 | ||||||||||||||||||||||||||||
Installment and other loans | 15,249 | - | - | - | 15,249 | ||||||||||||||||||||||||||||
Total gross loans | $ | 7,211,332 | $ | 221,959 | $ | 383,347 | $ | 15,375 | $ | 7,832,013 | |||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Pass/Watch | Special Mention | Substandard | Doubtful | Total | |||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Commercial loans | $ | 1,944,989 | $ | 76,776 | $ | 94,077 | $ | 11,265 | $ | 2,127,107 | |||||||||||||||||||||||
Real estate construction loans | 109,269 | 18,000 | 45,171 | 8,510 | 180,950 | ||||||||||||||||||||||||||||
Commercial mortgage loans | 3,344,783 | 162,455 | 261,214 | - | 3,768,452 | ||||||||||||||||||||||||||||
Residential mortgage loans and equity lines | 1,322,768 | 816 | 16,084 | 414 | 1,340,082 | ||||||||||||||||||||||||||||
Installment and other loans | 12,556 | - | - | - | 12,556 | ||||||||||||||||||||||||||||
Total gross loans | $ | 6,734,365 | $ | 258,047 | $ | 416,546 | $ | 20,189 | $ | 7,429,147 | |||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | and Other | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | Loans | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
June 30, 2012 Ending Balance | 66,595 | 16,360 | 99,009 | 10,254 | 56 | 192,274 | |||||||||||||||||||||||||||
Provision/(credit) for possible credit losses | 6,199 | (670 | ) | (6,350 | ) | 740 | (23 | ) | (104 | ) | |||||||||||||||||||||||
Charge-offs | (7,387 | ) | (39 | ) | (966 | ) | (477 | ) | - | (8,869 | ) | ||||||||||||||||||||||
Recoveries | 331 | 477 | 318 | 11 | - | 1,137 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (7,056 | ) | 438 | (648 | ) | (466 | ) | - | (7,732 | ) | |||||||||||||||||||||||
September 30, 2012 Ending Balance | $ | 65,738 | $ | 16,128 | $ | 92,011 | $ | 10,528 | $ | 33 | $ | 184,438 | |||||||||||||||||||||
June 30, 2013 Ending Balance | $ | 64,379 | $ | 13,755 | $ | 89,678 | $ | 11,892 | $ | 29 | $ | 179,733 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 2,121 | 1,660 | (5,710 | ) | 52 | 6 | (1,871 | ) | |||||||||||||||||||||||||
Charge-offs | (200 | ) | - | (394 | ) | (160 | ) | - | (754 | ) | |||||||||||||||||||||||
Recoveries | 436 | 1,236 | 2,514 | 158 | - | 4,344 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | 236 | 1,236 | 2,120 | (2 | ) | - | 3,590 | ||||||||||||||||||||||||||
September 30, 2013 Ending Balance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | and Other | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | Loans | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
2012 Beginning Balance | $ | 65,658 | $ | 21,749 | $ | 108,021 | $ | 10,795 | $ | 57 | $ | 206,280 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 13,329 | (10,081 | ) | (12,937 | ) | 1,150 | (2 | ) | (8,541 | ) | |||||||||||||||||||||||
Charge-offs | (14,479 | ) | (1,165 | ) | (10,647 | ) | (1,805 | ) | (25 | ) | (28,121 | ) | |||||||||||||||||||||
Recoveries | 1,230 | 5,625 | 7,574 | 388 | 3 | 14,820 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (13,249 | ) | 4,460 | (3,073 | ) | (1,417 | ) | (22 | ) | (13,301 | ) | ||||||||||||||||||||||
September 30, 2012 Ending Balance | $ | 65,738 | $ | 16,128 | $ | 92,011 | $ | 10,528 | $ | 33 | $ | 184,438 | |||||||||||||||||||||
Reserve for impaired loans | $ | 1,791 | $ | 279 | $ | 1,729 | $ | 1,626 | $ | - | $ | 5,425 | |||||||||||||||||||||
Reserve for non-impaired loans | $ | 63,947 | $ | 15,849 | $ | 90,282 | $ | 8,902 | $ | 33 | $ | 179,013 | |||||||||||||||||||||
Reserve for off-balance sheet credit commitments | $ | 801 | $ | 668 | $ | 104 | $ | 34 | $ | 3 | $ | 1,610 | |||||||||||||||||||||
2013 Beginning Balance | $ | 66,101 | $ | 23,017 | $ | 82,473 | $ | 11,703 | $ | 28 | $ | 183,322 | |||||||||||||||||||||
Provision/(credit) for possible credit losses | 3,200 | (8,622 | ) | 935 | 780 | (4 | ) | (3,711 | ) | ||||||||||||||||||||||||
Charge-offs | (4,580 | ) | - | (3,425 | ) | (766 | ) | - | (8,771 | ) | |||||||||||||||||||||||
Recoveries | 2,015 | 2,256 | 6,105 | 225 | 11 | 10,612 | |||||||||||||||||||||||||||
Net (charge-offs)/recoveries | (2,565 | ) | 2,256 | 2,680 | (541 | ) | 11 | 1,841 | |||||||||||||||||||||||||
September 30, 2013 Ending Balance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Reserve for impaired loans | $ | 10,849 | $ | 5,691 | $ | 6,129 | $ | 693 | $ | - | $ | 23,362 | |||||||||||||||||||||
Reserve for non-impaired loans | $ | 55,887 | $ | 10,960 | $ | 79,959 | $ | 11,249 | $ | 35 | $ | 158,090 | |||||||||||||||||||||
Reserve for off-balance sheet credit commitments | $ | 953 | $ | 287 | $ | 799 | $ | 34 | $ | 1 | $ | 2,074 | |||||||||||||||||||||
Impairment Method [Member] | ' | ||||||||||||||||||||||||||||||||
Note 7 - Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Commercial | Real Estate | Commercial | Residential | Installment and | Total | ||||||||||||||||||||||||||||
Loans | Construction | Mortgage | Mortgage Loans | Other Loans | |||||||||||||||||||||||||||||
Loans | Loans | and Equity Lines | |||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
Loans individually evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 10,849 | $ | 5,691 | $ | 6,129 | $ | 693 | $ | - | $ | 23,362 | |||||||||||||||||||||
Balance | $ | 35,051 | $ | 34,829 | $ | 128,855 | $ | 17,066 | $ | - | $ | 215,801 | |||||||||||||||||||||
Loans collectively evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 55,887 | $ | 10,960 | $ | 79,959 | $ | 11,249 | $ | 35 | $ | 158,090 | |||||||||||||||||||||
Balance | $ | 2,202,851 | $ | 155,038 | $ | 3,792,493 | $ | 1,450,581 | $ | 15,249 | $ | 7,616,212 | |||||||||||||||||||||
Total allowance | $ | 66,736 | $ | 16,651 | $ | 86,088 | $ | 11,942 | $ | 35 | $ | 181,452 | |||||||||||||||||||||
Total balance | $ | 2,237,902 | $ | 189,867 | $ | 3,921,348 | $ | 1,467,647 | $ | 15,249 | $ | 7,832,013 | |||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
Loans individually evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 1,467 | $ | 8,158 | $ | 1,336 | $ | 1,222 | $ | - | $ | 12,183 | |||||||||||||||||||||
Balance | $ | 23,922 | $ | 42,133 | $ | 165,885 | $ | 16,657 | $ | - | $ | 248,597 | |||||||||||||||||||||
Loans collectively evaluated for impairment | |||||||||||||||||||||||||||||||||
Allowance | $ | 64,634 | $ | 14,859 | $ | 81,137 | $ | 10,481 | $ | 28 | $ | 171,139 | |||||||||||||||||||||
Balance | $ | 2,103,185 | $ | 138,817 | $ | 3,602,567 | $ | 1,323,425 | $ | 12,556 | $ | 7,180,550 | |||||||||||||||||||||
Total allowance | $ | 66,101 | $ | 23,017 | $ | 82,473 | $ | 11,703 | $ | 28 | $ | 183,322 | |||||||||||||||||||||
Total balance | $ | 2,127,107 | $ | 180,950 | $ | 3,768,452 | $ | 1,340,082 | $ | 12,556 | $ | 7,429,147 |
Note_9_Securities_Sold_Under_A1
Note 9 - Securities Sold Under Agreements to Repurchase (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||||||||||||||
Schedule Of Long Term Securities Sold Under Agreements To Repurchase [Table Text Block] | ' | ||||||||||||||||||||||||
(Dollars in millions) | Fixed-to-floating | Floating-to-fixed | Total | ||||||||||||||||||||||
Rate type | Float Rate | Fixed Rate | |||||||||||||||||||||||
Rate index | 8% minus 3 month LIBOR | ||||||||||||||||||||||||
Maximum rate | 3.75 | % | 3.5 | % | 3.5 | % | |||||||||||||||||||
Minimum rate | 0 | % | 0 | % | 0 | % | |||||||||||||||||||
No. of agreements | 1 | 2 | 3 | 1 | 4 | 11 | |||||||||||||||||||
Amount | $ | 50 | $ | 100 | $ | 150 | $ | 100 | $ | 200 | $ | 600 | |||||||||||||
Weighted average rate | 3.75 | % | 3.5 | % | 3.5 | % | 4.78 | % | 5 | % | 4.24 | % | |||||||||||||
Final maturity | 2014 | 2014 | 2015 | 2014 | 2017 | ||||||||||||||||||||
Schedule of Repurchase Agreements [Table Text Block] | ' | ||||||||||||||||||||||||
Maturity | No. of | Amount | Weighted Average | ||||||||||||||||||||||
Agreements | (In thousands) | Interest Rate | |||||||||||||||||||||||
1 year to 3 years | 1 | $ | 50,000 | 2.69 | % | ||||||||||||||||||||
3 years to 5 years | 3 | $ | 150,000 | 2.81 | % | ||||||||||||||||||||
Total | 4 | $ | 200,000 | 2.78 | % |
Note_11_Fair_Value_Measurement1
Note 11 - Fair Value Measurements (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Note 11 - Fair Value Measurements (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | Fair Value Measurements Using | Total at | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Fair Value | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||||||||||
U.S. Treasury securities | $ | 460,333 | $ | - | $ | - | $ | 460,333 | |||||||||||||||||||||||||
Mortgage-backed securities | - | 1,095,019 | - | 1,095,019 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations | - | 6,697 | - | 6,697 | |||||||||||||||||||||||||||||
Asset-backed securities | - | 128 | - | 128 | |||||||||||||||||||||||||||||
Corporate debt securities | - | 167,840 | - | 167,840 | |||||||||||||||||||||||||||||
Mutual funds | 5,812 | - | - | 5,812 | |||||||||||||||||||||||||||||
Preferred stock of government sponsored entities | - | 7,480 | - | 7,480 | |||||||||||||||||||||||||||||
Total securities available-for-sale | 466,145 | 1,277,164 | - | 1,743,309 | |||||||||||||||||||||||||||||
Trading securities | - | 4,855 | - | 4,855 | |||||||||||||||||||||||||||||
Warrants | - | - | 49 | 49 | |||||||||||||||||||||||||||||
Foreign exchange contracts | - | 5,816 | - | 5,816 | |||||||||||||||||||||||||||||
Total assets | $ | 466,145 | $ | 1,287,835 | $ | 49 | $ | 1,754,029 | |||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Option contracts | $ | - | $ | 1 | $ | - | $ | 1 | |||||||||||||||||||||||||
Foreign exchange contracts | $ | - | $ | 4,725 | $ | - | $ | 4,725 | |||||||||||||||||||||||||
Total liabilities | $ | - | $ | 4,726 | $ | - | $ | 4,726 | |||||||||||||||||||||||||
31-Dec-12 | Fair Value Measurements Using | Total at | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Fair Value | ||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Securities available-for-sale | |||||||||||||||||||||||||||||||||
U.S. Treasury securities | $ | 509,971 | $ | - | $ | - | $ | 509,971 | |||||||||||||||||||||||||
Mortgage-backed securities | - | 416,694 | - | 416,694 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations | - | 10,168 | - | 10,168 | |||||||||||||||||||||||||||||
Asset-backed securities | - | 141 | - | 141 | |||||||||||||||||||||||||||||
Corporate debt securities | - | 335,977 | - | 335,977 | |||||||||||||||||||||||||||||
Mutual funds | 6,079 | - | - | 6,079 | |||||||||||||||||||||||||||||
Preferred stock of government sponsored entities | - | 2,335 | - | 2,335 | |||||||||||||||||||||||||||||
Trust preferred securities | 10,115 | - | - | 10,115 | |||||||||||||||||||||||||||||
Total securities available-for-sale | 526,165 | 765,315 | - | 1,291,480 | |||||||||||||||||||||||||||||
Trading securities | - | 4,703 | - | 4,703 | |||||||||||||||||||||||||||||
Warrants | - | - | 104 | 104 | |||||||||||||||||||||||||||||
Foreign exchange contracts | - | 2,924 | - | 2,924 | |||||||||||||||||||||||||||||
Total assets | $ | 526,165 | $ | 772,942 | $ | 104 | $ | 1,299,211 | |||||||||||||||||||||||||
Liabilities | |||||||||||||||||||||||||||||||||
Option contracts | $ | - | $ | 2 | $ | - | $ | 2 | |||||||||||||||||||||||||
Foreign exchange contracts | - | 1,586 | - | 1,586 | |||||||||||||||||||||||||||||
Total liabilities | $ | - | $ | 1,588 | $ | - | $ | 1,588 | |||||||||||||||||||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | Total Losses/(gains) | ||||||||||||||||||||||||||||||||
Fair Value Measurements Using | Three Months ended | Nine Months ended | |||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Total at | 30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Impaired loans by type: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | - | $ | 6,502 | $ | 6,502 | $ | - | $ | 1,983 | $ | 536 | $ | 2,848 | |||||||||||||||||
Commercial mortgage loans | - | - | 28,533 | 28,533 | 394 | - | 459 | - | |||||||||||||||||||||||||
Construction- residential | - | - | 500 | 500 | - | - | - | - | |||||||||||||||||||||||||
Construction- other | - | - | 13,503 | 13,503 | - | - | - | - | |||||||||||||||||||||||||
Real estate loans | - | - | - | - | - | - | - | 301 | |||||||||||||||||||||||||
Residential mortgage loans and equity lines | - | - | 13,404 | 13,404 | 160 | 251 | 191 | 782 | |||||||||||||||||||||||||
Land loans | - | - | 27 | 27 | - | - | - | - | |||||||||||||||||||||||||
Total impaired loans | - | - | 62,469 | 62,469 | 554 | 2,234 | 1,186 | 3,931 | |||||||||||||||||||||||||
Other real estate owned (1) | - | 27,081 | 8,321 | 35,402 | 111 | 2,875 | (1,267 | ) | 10,602 | ||||||||||||||||||||||||
Investments in venture capital | - | - | 9,085 | 9,085 | 84 | 39 | 295 | 226 | |||||||||||||||||||||||||
Equity investments | 642 | - | - | 642 | - | - | - | 43 | |||||||||||||||||||||||||
Total assets | $ | 642 | $ | 27,081 | $ | 79,875 | $ | 107,598 | $ | 749 | $ | 5,148 | $ | 214 | $ | 14,802 | |||||||||||||||||
12 Months Ended [Member] | ' | ||||||||||||||||||||||||||||||||
Note 11 - Fair Value Measurements (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Fair Value Measurements, Nonrecurring [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
31-Dec-12 | Total Losses | ||||||||||||||||||||||||||||||||
Fair Value Measurements Using | Twelve months ended | ||||||||||||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | Total at | 31-Dec-12 | 31-Dec-11 | ||||||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||||
Impaired loans by type: | |||||||||||||||||||||||||||||||||
Commercial loans | $ | - | $ | - | $ | 3,492 | $ | 3,492 | $ | - | $ | 877 | |||||||||||||||||||||
Commercial mortgage loans | - | - | 11,295 | 11,295 | 440 | - | |||||||||||||||||||||||||||
Construction- residential | - | - | 500 | 500 | - | - | |||||||||||||||||||||||||||
Construction- other | - | - | 46,153 | 46,153 | 65 | - | |||||||||||||||||||||||||||
Residential mortgage loans and equity lines | - | - | 11,206 | 11,206 | 605 | 820 | |||||||||||||||||||||||||||
Land loans | - | - | 297 | 297 | 162 | 46 | |||||||||||||||||||||||||||
Total impaired loans | - | - | 72,943 | 72,943 | 1,272 | 1,743 | |||||||||||||||||||||||||||
Other real estate owned (1) | - | 27,149 | 4,841 | 31,990 | 10,904 | 7,003 | |||||||||||||||||||||||||||
Investments in venture capital | - | - | 9,001 | 9,001 | 309 | 379 | |||||||||||||||||||||||||||
Equity investments | 142 | - | - | 142 | 181 | 200 | |||||||||||||||||||||||||||
Total assets | $ | 142 | $ | 27,149 | $ | 86,785 | $ | 114,076 | $ | 12,666 | $ | 9,325 |
Note_12_Fair_Value_of_Financia1
Note 12 - Fair Value of Financial Instruments (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value, by Balance Sheet Grouping [Table Text Block] | ' | ||||||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||||||
Carrying | Fair Value | Carrying | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 201,815 | $ | 201,815 | $ | 144,909 | $ | 144,909 | |||||||||
Short-term investments | 389,024 | 389,024 | 411,983 | 411,983 | |||||||||||||
Securities held-to-maturity | - | - | 773,768 | 823,906 | |||||||||||||
Securities available-for-sale | 1,743,309 | 1,743,309 | 1,291,480 | 1,291,480 | |||||||||||||
Trading securities | 4,855 | 4,855 | 4,703 | 4,703 | |||||||||||||
Loans, net | 7,637,628 | 7,460,436 | 7,235,587 | 7,169,732 | |||||||||||||
Investment in Federal Home Loan Bank stock | 28,683 | 28,683 | 41,272 | 41,272 | |||||||||||||
Warrants | 49 | 49 | 104 | 104 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Option contracts | $ | - | $ | - | $ | 105 | $ | - | |||||||||
Foreign exchange contracts | 277,430 | 5,816 | 188,145 | 2,924 | |||||||||||||
Carrying | Fair Value | Carrying | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | $ | 7,918,543 | $ | 7,917,105 | $ | 7,383,225 | $ | 7,389,015 | |||||||||
Securities sold under agreements to repurchase | 800,000 | 858,315 | 1,250,000 | 1,361,585 | |||||||||||||
Advances from Federal Home Loan Bank | 376,200 | 376,429 | 146,200 | 146,789 | |||||||||||||
Other borrowings | 19,108 | 16,020 | 18,713 | 14,573 | |||||||||||||
Long-term debt | 171,136 | 97,604 | 171,136 | 98,392 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Option contracts | $ | - | $ | 1 | $ | 104 | $ | 2 | |||||||||
Foreign exchange contracts | 185,558 | 4,725 | 133,669 | 1,586 | |||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Off-Balance Sheet Financial Instruments | |||||||||||||||||
Commitments to extend credit | $ | 1,760,520 | $ | (1,919 | ) | $ | 1,740,463 | $ | (1,875 | ) | |||||||
Standby letters of credit | 46,457 | (200 | ) | 44,672 | (204 | ) | |||||||||||
Other letters of credit | 88,601 | (50 | ) | 71,073 | (34 | ) | |||||||||||
Bill of lading guarantees | 172 | - | 77 | - | |||||||||||||
Schedule of Fair Value of Financial Instruments [Table Text Block] | ' | ||||||||||||||||
30-Sep-13 | |||||||||||||||||
Estimated | Level 1 | Level 2 | Level 3 | ||||||||||||||
Fair Value | |||||||||||||||||
Measurements | |||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 201,815 | $ | 201,815 | $ | - | $ | - | |||||||||
Short-term investments | 389,024 | 389,024 | - | - | |||||||||||||
Securities available-for-sale | 1,743,309 | 466,145 | 1,277,164 | - | |||||||||||||
Trading securities | 4,855 | - | 4,855 | - | |||||||||||||
Loans, net | 7,460,436 | - | - | 7,460,436 | |||||||||||||
Investment in Federal Home Loan Bank stock | 28,683 | - | 28,683 | - | |||||||||||||
Warrants | 49 | - | - | 49 | |||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | 7,917,105 | - | - | 7,917,105 | |||||||||||||
Securities sold under agreements to repurchase | 858,315 | - | 858,315 | - | |||||||||||||
Advances from Federal Home Loan Bank | 376,429 | - | 376,429 | - | |||||||||||||
Other borrowings | 16,020 | - | - | 16,020 | |||||||||||||
Long-term debt | 97,604 | - | 97,604 | - | |||||||||||||
31-Dec-12 | |||||||||||||||||
Estimated | Level 1 | Level 2 | Level 3 | ||||||||||||||
Fair Value | |||||||||||||||||
Measurements | |||||||||||||||||
(In thousands) | |||||||||||||||||
Financial Assets | |||||||||||||||||
Cash and due from banks | $ | 144,909 | $ | 144,909 | $ | - | $ | - | |||||||||
Short-term investments | 411,983 | 411,983 | - | - | |||||||||||||
Securities held-to-maturity | 823,906 | - | 823,906 | - | |||||||||||||
Securities available-for-sale | 1,291,480 | 526,165 | 765,315 | - | |||||||||||||
Trading securities | 4,703 | - | 4,703 | - | |||||||||||||
Loans, net | 7,169,732 | - | - | 7,169,732 | |||||||||||||
Investment in Federal Home Loan Bank stock | 41,272 | - | 41,272 | - | |||||||||||||
Warrants | 104 | - | - | 104 | |||||||||||||
Financial Liabilities | |||||||||||||||||
Deposits | 7,389,015 | - | - | 7,389,015 | |||||||||||||
Securities sold under agreements to repurchase | 1,361,585 | - | 1,361,585 | - | |||||||||||||
Advances from Federal Home Loan Bank | 146,789 | - | 146,789 | - | |||||||||||||
Other borrowings | 14,573 | - | - | 14,573 | |||||||||||||
Long-term debt | 98,392 | - | 98,392 | - |
Note_15_Balance_Sheet_Offsetti1
Note 15 - Balance Sheet Offsetting (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Amounts Recognized in Balance Sheet [Table Text Block] | ' | ||||||||||||||||||||||||
Gross Amounts Not Offset in the Statement of Financial Position | |||||||||||||||||||||||||
(In thousands) | Gross Amounts of Recognized Liabilities | Gross Amounts Offset in the Balance Sheet | Net Amounts of Liabilities Presented in the Balance Sheet | Financial Instruments | Collateral Posted | Net Amount | |||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
Securities sold under agreements to repurchase | $ | 800,000 | $ | - | $ | 800,000 | $ | - | $ | (800,000 | ) | $ | - | ||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
Securities sold under agreements to repurchase | $ | 1,250,000 | $ | - | $ | 1,250,000 | $ | - | $ | (1,250,000 | ) | $ | - |
Note_16_Stockholders_Equity_Ta
Note 16 - Stockholders' Equity (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Stockholders' Equity Note [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||||||||||||||
Three months ended September 30, 2013 | Nine months ended September 30, 2013 | ||||||||||||||||||||||||
Pre-tax | Tax expense | Net-of-tax | Pre-tax | Tax expense | Net-of-tax | ||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||
Beginning balance, net of tax | $ | (15,073 | ) | $ | 465 | ||||||||||||||||||||
Net unrealized losses arising during the period | $ | (1,854 | ) | $ | (780 | ) | $ | (1,074 | ) | $ | (48,245 | ) | $ | (20,282 | ) | $ | (27,963 | ) | |||||||
Reclassification adjustment for net securities losses included in net income | (8,688 | ) | (3,652 | ) | (5,036 | ) | (27,157 | ) | (11,417 | ) | (15,740 | ) | |||||||||||||
Net unrealized gains arising from transferring securities held-to-maturity to available-for-sale | - | - | - | 38,052 | 15,997 | 22,055 | |||||||||||||||||||
Total other comprehensive income | $ | (10,542 | ) | $ | (4,432 | ) | $ | (6,110 | ) | $ | (37,350 | ) | $ | (15,702 | ) | $ | (21,648 | ) | |||||||
Ending balance, net of tax | $ | (21,183 | ) | $ | (21,183 | ) |
Note_1_Business_Details
Note 1 - Business (Details) | Sep. 30, 2013 |
Note 1 - Business (Details) [Line Items] | ' |
Number of Limited Partnerships in Housing Investments | 6 |
Equity Method Investment, Ownership Percentage | 100.00% |
Number of Business Trust | 5 |
Southern California Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 20 |
Northern California Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 11 |
New York State Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 8 |
Illinois [Member] | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 3 |
Washington State Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 3 |
Texas Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 2 |
Massachusetts [Member] | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 1 |
New Jersey Member | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 1 |
Nevada [Member] | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 1 |
Hong Kong [Member] | ' |
Note 1 - Business (Details) [Line Items] | ' |
Number Of Branch Locations | 1 |
Note_4_Earnings_per_Share_Deta
Note 4 - Earnings per Share (Details) - Earnings per Share (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 |
Note 4 - Earnings per Share (Details) - Earnings per Share [Line Items] | ' | ' | ' | ' |
Net income attributable to Cathay General Bancorp (in Dollars) | $32,478 | $30,358 | $91,241 | $89,132 |
Dividends on preferred stock and noncash charge from repayment (in Dollars) | -2,434 | -4,123 | -9,685 | -12,361 |
Net income available to common stockholders (in Dollars) | $30,044 | $26,235 | $81,556 | $76,771 |
Basic weighted-average number of common shares outstanding | 78,894,262 | 78,729,272 | 78,853,333 | 78,706,150 |
Dilutive effect of weighted-average outstanding common share equivalents | ' | ' | ' | ' |
Diluted weighted-average number of common shares outstanding | 79,114,122 | 78,731,180 | 78,944,152 | 78,711,235 |
Average stock options and warrants with anti-dilutive effect | 3,668,285 | 6,080,292 | 4,958,218 | 6,133,089 |
Basic (in Dollars per share) | $0.38 | $0.33 | $1.03 | $0.98 |
Diluted (in Dollars per share) | $0.38 | $0.33 | $1.03 | $0.98 |
Warrant [Member] | ' | ' | ' | ' |
Dilutive effect of weighted-average outstanding common share equivalents | ' | ' | ' | ' |
Dilutive effect of weighted-average number of common shares outstanding | 171,426 | ' | 57,771 | ' |
Restricted Stock Units (RSUs) [Member] | ' | ' | ' | ' |
Dilutive effect of weighted-average outstanding common share equivalents | ' | ' | ' | ' |
Dilutive effect of weighted-average number of common shares outstanding | 48,434 | 1,908 | 33,048 | 5,085 |
Note_5_StockBased_Compensation2
Note 5 - Stock-Based Compensation (Details) (USD $) | 0 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||||
17-May-13 | Apr. 15, 2013 | Mar. 14, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Note 5 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum Period Of Common Stock Granted | ' | ' | ' | 10 | ' | ' | ' | 10 | ' | ' |
Annual Increments To Be Vested In Common Stock Units | ' | ' | ' | 20.00% | ' | ' | ' | 20.00% | ' | ' |
Stock or Unit Option Plan Expense | ' | ' | ' | $0 | ' | ' | $194,000 | ' | ' | ' |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | 129,000 | 581,000 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in Shares) | ' | ' | ' | ' | 0 | 0 | ' | 0 | 39,784 | ' |
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options | ' | ' | ' | ' | ' | ' | ' | ' | 647,000 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | ' | ' | ' | ' | ' | ' | ' | ' | 34,000 | ' |
(in Shares) | 1,454 | 6,729 | 14,416 | ' | ' | ' | ' | ' | ' | 125,133 |
GrantSharesAveragePriceDuringPeriodRestrictedStockUnitAward (in Dollars per share) | $20.63 | $18.91 | $20.57 | ' | ' | ' | ' | ' | ' | $18.24 |
Restricted Stock Units (RSUs) [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 5 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock or Unit Option Plan Expense | ' | ' | ' | 476,000 | ' | ' | 459,000 | ' | ' | ' |
Allocated Share-based Compensation Expense | ' | ' | ' | ' | ' | ' | ' | 1,600,000 | 1,200,000 | ' |
(in Shares) | ' | ' | ' | ' | ' | ' | ' | 22,599 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | ' | ' | ' | $1,600,000 | ' | ' | ' | $1,600,000 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | ' | ' | ' | ' | ' | ' | ' | '1 year 36 days | ' | ' |
2005 Incentive Plan [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 5 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares) | ' | ' | ' | 2,655,759 | ' | ' | ' | 2,655,759 | ' | ' |
Restricted Stock Units Granted in 2011, 2012 and 2013 [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 5 - Stock-Based Compensation (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | ' | ' | ' | ' | ' | ' | ' | '2 years | ' | ' |
Note_5_StockBased_Compensation3
Note 5 - Stock-Based Compensation (Details) - Stock Options (USD $) | 3 Months Ended | 9 Months Ended | |||
In Thousands, except Share data, unless otherwise specified | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2012 |
Stock Options [Abstract] | ' | ' | ' | ' | ' |
Balance - shares | 3,654,310 | 3,657,290 | 3,996,630 | 3,996,630 | ' |
Balance - weighted-average exercise price (in Dollars per share) | $30.28 | $30.28 | $29.45 | $29.45 | ' |
Balance - weighted-average remaining contractual life | '1 year 255 days | '1 year 328 days | '2 years 73 days | ' | ' |
Balance - aggregate intrinisc value (in Dollars) | $0 | $0 | $0 | $0 | ' |
Exercisable, September 30, 2013 | 3,632,340 | ' | ' | 3,632,340 | ' |
Exercisable, September 30, 2013 (in Dollars per share) | $30.27 | ' | ' | $30.27 | ' |
Exercisable, September 30, 2013 | '1 year 255 days | ' | ' | ' | ' |
Exercisable, September 30, 2013 (in Dollars) | 0 | ' | ' | 0 | ' |
Exercised - shares | ' | 0 | 0 | 0 | 39,784 |
Exercised - weighted average exercise price (in Dollars per share) | ' | $0 | $0 | ' | ' |
Forfeited - shares | -21,970 | -2,980 | -339,340 | ' | ' |
Forfeited - weighted average exercise price (in Dollars per share) | $32.81 | $30.79 | $20.45 | ' | ' |
Balance - shares | 3,632,340 | 3,654,310 | 3,657,290 | 3,632,340 | ' |
Balance - weighted-average exercise price (in Dollars per share) | $30.27 | $30.28 | $30.28 | $30.27 | ' |
Balance - weighted-average remaining contractual life | '1 year 255 days | '1 year 328 days | '2 years 73 days | ' | ' |
Balance - aggregate intrinisc value (in Dollars) | $0 | $0 | $0 | $0 | ' |
Note_5_StockBased_Compensation4
Note 5 - Stock-Based Compensation (Details) - Restricted Stock Units | 0 Months Ended | 12 Months Ended | 9 Months Ended | ||
17-May-13 | Apr. 15, 2013 | Mar. 14, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | |
Restricted Stock Units (RSUs) [Member] | |||||
Note 5 - Stock-Based Compensation (Details) - Restricted Stock Units [Line Items] | ' | ' | ' | ' | ' |
Balance at December 31, 2012 | ' | ' | ' | ' | 256,616 |
Balance at September 30, 2013 | ' | ' | ' | ' | 212,676 |
Granted | 1,454 | 6,729 | 14,416 | 125,133 | 22,599 |
Forfeited | ' | ' | ' | ' | 0 |
Vested | ' | ' | ' | ' | -66,539 |
Note_5_StockBased_Compensation5
Note 5 - Stock-Based Compensation (Details) - Tax Short-Fall From Share-Based Payment Arrangements (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Tax Short-Fall From Share-Based Payment Arrangements [Abstract] | ' | ' | ' | ' |
Short-fall of tax deductions in excess of grant-date fair value | ($63) | ($114) | ($143) | ($679) |
Benefit of tax deductions on grant-date fair value | 95 | 114 | 702 | 777 |
Total benefit of tax deductions | $32 | $0 | $559 | $98 |
Note_6_Investment_Securities_D
Note 6 - Investment Securities (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Mar. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Note 6 - Investment Securities (Details) [Line Items] | ' | ' | ' | ' |
Investment Securities | ' | $1,700,000,000 | ' | $2,100,000,000 |
Held-to-maturity Securities, Transferred Security, at Carrying Value | ' | 722,500,000 | ' | ' |
Held-to-maturity Securities, Transferred Security, Unrealized Gain (Loss) | 40,500,000 | ' | ' | ' |
Proceeds from Sale of Mortgage Backed Securities (MBS) categorized as Available-for-sale | ' | 348,700,000 | 369,000,000 | ' |
Proceeds from Maturities, Prepayments and Calls of Mortgage Backed Securities (MBS) | ' | 237,900,000 | 280,700,000 | ' |
Proceeds From Sales and Repayments of Other Investment Securities | ' | 555,200,000 | 61,000,000 | ' |
Proceeds From Maturities Repayments And Calls Of Held For Investment | ' | 180,100,000 | 494,200,000 | ' |
Realized Gain From Sale and Call of Investment Securities | ' | 27,200,000 | 13,800,000 | ' |
Realized Loss From Sale and Call of Investment Securities | ' | ' | 607,000 | ' |
Temporarily Impaired Securities As Percentage of Investment Securities | ' | 58.60% | ' | ' |
Percentage of Unrealized Losses for Securities with Unrealized Losses for Less Than Twelve Months | ' | 4.90% | ' | ' |
Percentage of Unrealized Losses for Securities with Unrealized Losses for Greater than Twelve Months | ' | 5.60% | ' | ' |
Pledged Investment Securities | ' | $941,800,000 | ' | $1,450,000,000 |
Corporate Bonds Issued By Financial Institutions [Member] | ' | ' | ' | ' |
Note 6 - Investment Securities (Details) [Line Items] | ' | ' | ' | ' |
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions | ' | 14 | ' | ' |
Note_6_Investment_Securities_D1
Note 6 - Investment Securities (Details) - Investment Securities (USD $) | 9 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Gross Unrealized Losses | $21,600 | ' |
Available-for-sale Securities - Fair Value | 1,743,309 | 1,291,480 |
Total investment securities - Amortized Cost | 1,779,859 | 2,064,444 |
Total investment securities - Gross Unrealized Gains | 16,944 | 65,092 |
Total investment securities - Gross Unrealized Losses | 53,494 | 14,150 |
Total investment securities - Fair Value | 1,743,309 | 2,115,386 |
Securities Held-to-Maturity, Amortized Cost | ' | 773,768 |
Securities Held-to-Maturity, Fair Value | ' | 823,906 |
US Treasury Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 460,119 | 509,748 |
Securities Available-for-sale, Gross Unrealized Gains | 214 | 228 |
Securities Available-for-sale, Gross Unrealized Losses | ' | 5 |
Available-for-sale Securities - Fair Value | 460,333 | 509,971 |
Collateralized Mortgage Backed Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 1,131,602 | 404,505 |
Securities Available-for-sale, Gross Unrealized Gains | 9,364 | 12,194 |
Securities Available-for-sale, Gross Unrealized Losses | 45,947 | 5 |
Available-for-sale Securities - Fair Value | 1,095,019 | 416,694 |
Securities Held-to-Maturity, Amortized Cost | ' | 634,757 |
Securities Held-to-Maturity, Gross Unrealized Gains | ' | 40,801 |
Securities Held-to-Maturity, Gross Unrealized Losses | ' | 0 |
Securities Held-to-Maturity, Fair Value | ' | 675,558 |
Collateralized Mortgage Obligations [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 6,489 | 9,772 |
Securities Available-for-sale, Gross Unrealized Gains | 268 | 430 |
Securities Available-for-sale, Gross Unrealized Losses | 60 | 34 |
Available-for-sale Securities - Fair Value | 6,697 | 10,168 |
Asset-backed Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 127 | 145 |
Securities Available-for-sale, Gross Unrealized Gains | 1 | 0 |
Securities Available-for-sale, Gross Unrealized Losses | 0 | 4 |
Available-for-sale Securities - Fair Value | 128 | 141 |
Corporate Debt Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 174,953 | 349,973 |
Securities Available-for-sale, Gross Unrealized Gains | 186 | 106 |
Securities Available-for-sale, Gross Unrealized Losses | 7,299 | 14,102 |
Available-for-sale Securities - Fair Value | 167,840 | 335,977 |
Securities Held-to-Maturity, Amortized Cost | ' | 9,974 |
Securities Held-to-Maturity, Gross Unrealized Gains | ' | 69 |
Securities Held-to-Maturity, Gross Unrealized Losses | ' | 0 |
Securities Held-to-Maturity, Fair Value | ' | 10,043 |
Mutual Funds [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 6,000 | 6,000 |
Securities Available-for-sale, Gross Unrealized Gains | 0 | 79 |
Securities Available-for-sale, Gross Unrealized Losses | 188 | 0 |
Available-for-sale Securities - Fair Value | 5,812 | 6,079 |
Preferred Stock Of Government Sponsored Entities Member | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 569 | 569 |
Securities Available-for-sale, Gross Unrealized Gains | 6,911 | 1,766 |
Securities Available-for-sale, Gross Unrealized Losses | 0 | 0 |
Available-for-sale Securities - Fair Value | 7,480 | 2,335 |
Total [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | 1,779,859 | 1,290,676 |
Securities Available-for-sale, Gross Unrealized Gains | 16,944 | 14,954 |
Securities Available-for-sale, Gross Unrealized Losses | 53,494 | 14,150 |
Available-for-sale Securities - Fair Value | 1,743,309 | 1,291,480 |
Securities Held-to-Maturity, Amortized Cost | ' | 773,768 |
Securities Held-to-Maturity, Gross Unrealized Gains | ' | 50,138 |
Securities Held-to-Maturity, Gross Unrealized Losses | ' | 0 |
Securities Held-to-Maturity, Fair Value | ' | 823,906 |
State and Municipal Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Held-to-Maturity, Amortized Cost | ' | 129,037 |
Securities Held-to-Maturity, Gross Unrealized Gains | ' | 9,268 |
Securities Held-to-Maturity, Gross Unrealized Losses | ' | 0 |
Securities Held-to-Maturity, Fair Value | ' | 138,305 |
Trust Preferred Securities [Member] | ' | ' |
Note 6 - Investment Securities (Details) - Investment Securities [Line Items] | ' | ' |
Securities Available-for-sale, Amortized Cost | ' | 9,964 |
Securities Available-for-sale, Gross Unrealized Gains | ' | 151 |
Securities Available-for-sale, Gross Unrealized Losses | ' | 0 |
Available-for-sale Securities - Fair Value | ' | $10,115 |
Note_6_Investment_Securities_D2
Note 6 - Investment Securities (Details) - Investments by Contractual Maturity Date (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | |
In Thousands, unless otherwise specified | |||
Investments by Contractual Maturity Date [Abstract] | ' | ' | |
Due in one year or less | $460,141 | ' | |
Due in one year or less | 460,355 | ' | |
Due after one year through five years | 98,079 | ' | |
Due after one year through five years | 98,283 | ' | |
Due after five years through ten years | 119,240 | ' | |
Due after five years through ten years | 114,235 | ' | |
Due after ten years (1) | 1,102,399 | [1] | ' |
Due after ten years (1) | 1,070,436 | [1] | ' |
Total | 1,779,859 | 1,290,676 | |
Total | $1,743,309 | $1,291,480 | |
[1] | Equity securities are reported in this category |
Note_6_Investment_Securities_D3
Note 6 - Investment Securities (Details) - Temporarily Impaired Securities (USD $) | 9 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Securities Available-for-Sale | ' | ' |
Investment Securities - Less than 12 Months - Fair Value | $898,809 | $102,668 |
Investment Securities - Less than 12 Months - Unrealized Losses | 46,150 | 2,538 |
Investment Securities - 12 Months or longer - Fair Value | 123,203 | 254,276 |
Investment Securities- 12 Months or longer - Unrealized Losses | 7,344 | 11,612 |
Investment Securities - Fair Value | 1,022,012 | 356,944 |
Investment Securities - Unrealized Losses | 53,494 | 14,150 |
Collateralized Mortgage Backed Securities [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 882,851 | 231 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 45,944 | 1 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 154 | 170 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 2 | 1 |
Securities Available-for-Sale - Fair Value | 883,005 | 401 |
Securities Available-for-Sale - Unrealized Losses | 45,946 | 2 |
Mortgage Backed Securities Non Agency [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 94 | 0 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 1 | 0 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 0 | 96 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 0 | 2 |
Securities Available-for-Sale - Fair Value | 94 | 96 |
Securities Available-for-Sale - Unrealized Losses | 1 | 2 |
Collateralized Mortgage Obligations [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 68 | 0 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 1 | 0 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 332 | 439 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 59 | 35 |
Securities Available-for-Sale - Fair Value | 400 | 439 |
Securities Available-for-Sale - Unrealized Losses | 60 | 35 |
Corporate Debt Securities [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 9,984 | 52,468 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 16 | 2,532 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 122,717 | 253,430 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 7,283 | 11,570 |
Securities Available-for-Sale - Fair Value | 132,701 | 305,898 |
Securities Available-for-Sale - Unrealized Losses | 7,299 | 14,102 |
Mutual Funds [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 5,812 | ' |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 188 | ' |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 0 | ' |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 0 | ' |
Securities Available-for-Sale - Fair Value | 5,812 | ' |
Securities Available-for-Sale - Unrealized Losses | 188 | ' |
Total [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | 898,809 | 102,668 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | 46,150 | 2,538 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | 123,203 | 254,276 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | 7,344 | 11,612 |
Securities Available-for-Sale - Fair Value | 1,022,012 | 356,944 |
Securities Available-for-Sale - Unrealized Losses | 53,494 | 14,150 |
US Treasury Securities [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | ' | 49,969 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | ' | 5 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | ' | 0 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | ' | 0 |
Securities Available-for-Sale - Fair Value | ' | 49,969 |
Securities Available-for-Sale - Unrealized Losses | ' | 5 |
Asset-backed Securities [Member] | ' | ' |
Securities Available-for-Sale | ' | ' |
Securities Available-for-Sale - Less than 12 Months - Fair Value | ' | 0 |
Securities Available-for-Sale - Less than 12 Months - Unrealized Losses | ' | 0 |
Securities Available-for-Sale - 12 Months or longer - Fair Value | ' | 141 |
Securities Available-for-Sale - 12 Months or longer - Unrealized Losses | ' | 4 |
Securities Available-for-Sale - Fair Value | ' | 141 |
Securities Available-for-Sale - Unrealized Losses | ' | $4 |
Note_7_Loans_Details
Note 7 - Loans (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Recorded Investment | $215,801,000 | ' | $215,801,000 | ' | $248,597,000 |
Percentage Of Charge-Off To Contractual Balances For Impaired Loans | 22.20% | ' | 22.20% | ' | 23.20% |
Nonaccrual Loans [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Recorded Investment | 99,900,000 | ' | 99,900,000 | ' | 103,900,000 |
Accruing Troubled Debt Restructuring [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Recorded Investment | 115,900,000 | ' | 115,900,000 | ' | 144,700,000 |
Reduction Of Stated Interest Rate Member | Minimum [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Troubled Debt Restructurings Length of Modifications | '12 months | ' | '12 months | ' | ' |
Reduction Of Stated Interest Rate Member | Maximum [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Troubled Debt Restructurings Length of Modifications | '3 years | ' | '3 years | ' | ' |
Land Loan [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Financing Receivable Modification Number Of Contracts Defaulted Within 12 Months | 2 | ' | 2 | ' | ' |
Financing Receivable Modifications Recorded Investment Defaulted Within 12 Months | ' | ' | 1,400,000 | ' | ' |
Accruing Troubled Debt Restructuring [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Troubled Debt Restructurings, Total | 115,900,000 | ' | 115,900,000 | ' | 144,700,000 |
Impaired Financing Receivable, Modifications, Related Allowance | 6,300,000 | ' | 6,300,000 | ' | 1,100,000 |
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down | 0 | -251,000 | -78,000 | -251,000 | ' |
Non Accruing Troubled Debt Restructuring Member | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Troubled Debt Restructurings, Total | 43,600,000 | ' | 43,600,000 | ' | 47,700,000 |
Impaired Financing Receivable, Modifications, Related Allowance | 4,500,000 | ' | 4,500,000 | ' | 7,800,000 |
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down | ($1,188,000) | $0 | ($2,121,000) | ($4,285,000) | ' |
Minimum [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Period Loan Is In Payment Default | ' | ' | '60 days | ' | ' |
Maximum [Member] | ' | ' | ' | ' | ' |
Note 7 - Loans (Details) [Line Items] | ' | ' | ' | ' | ' |
Period Loan Is In Payment Default | ' | ' | '90 days | ' | ' |
Note_7_Loans_Details_Component
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | $7,832,013 | $7,429,147 |
Allowance for loan losses | -181,452 | -183,322 |
Unamortized deferred loan fees | -12,933 | -10,238 |
Total loans, net | 7,637,628 | 7,235,587 |
Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | 2,237,902 | 2,127,107 |
Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | 1,293,849 | 1,146,230 |
Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | 3,921,348 | 3,768,452 |
Equity Lines [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | 173,798 | 193,852 |
Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | 189,867 | 180,950 |
Installment And Other Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Components of Loans in Consolidated Balance Sheets [Line Items] | ' | ' |
Gross Loans | $15,249 | $12,556 |
Note_7_Loans_Details_Average_B
Note 7 - Loans (Details) - Average Balance And Interest Income Recognized Related To Impaired Loans (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' |
Impaired Loans - Average Recorded Investment | $216,938 | $263,967 | $226,841 | $284,227 |
Impaired Loans - Interest Income Recognized | 1,069 | 2,246 | 4,110 | 6,302 |
Commercial Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' |
Impaired Loans - Average Recorded Investment | 32,187 | 25,987 | 24,873 | 33,672 |
Impaired Loans - Interest Income Recognized | 166 | 49 | 395 | 146 |
Real Estate Construction Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' |
Impaired Loans - Average Recorded Investment | 34,946 | 41,404 | 39,014 | 51,176 |
Impaired Loans - Interest Income Recognized | 67 | 177 | 199 | 531 |
Commercial Mortgage Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' |
Impaired Loans - Average Recorded Investment | 132,921 | 178,206 | 145,380 | 180,959 |
Impaired Loans - Interest Income Recognized | 730 | 1,971 | 3,289 | 5,477 |
Residential Mortgage And Equity Lines Member | ' | ' | ' | ' |
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' |
Impaired Loans - Average Recorded Investment | 16,884 | 18,370 | 17,574 | 18,420 |
Impaired Loans - Interest Income Recognized | $106 | $49 | $227 | $148 |
Note_7_Loans_Details_Impaired_
Note 7 - Loans (Details) - Impaired Loans and Related Allowance For Credit Losses (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
With allocated allowance | ' | ' |
Allowance | $23,362 | $12,183 |
Total impaired loans | 277,280 | 323,786 |
Total impaired loans | 215,801 | 248,597 |
Total impaired loans | 23,362 | 12,183 |
Commercial Loans [Member] | ' | ' |
With no allocated allowance | ' | ' |
Loans with no related allowance unpaid principal balance | 20,896 | 29,359 |
Loans with no related allowance recorded investment | 17,699 | 18,963 |
Real Estate Construction Loans [Member] | ' | ' |
With no allocated allowance | ' | ' |
Loans with no related allowance unpaid principal balance | 25,438 | 9,304 |
Loans with no related allowance recorded investment | 15,135 | 7,277 |
Commercial Mortgage Loans [Member] | ' | ' |
With no allocated allowance | ' | ' |
Loans with no related allowance unpaid principal balance | 125,489 | 189,871 |
Loans with no related allowance recorded investment | 94,167 | 152,957 |
Residential Mortgage And Equity Lines Member | ' | ' |
With no allocated allowance | ' | ' |
Loans with no related allowance unpaid principal balance | 2,978 | 4,303 |
Loans with no related allowance recorded investment | 2,969 | 4,229 |
With No Allocated Allowance Member | ' | ' |
With no allocated allowance | ' | ' |
Loans with no related allowance unpaid principal balance | 174,801 | 232,837 |
Loans with no related allowance recorded investment | 129,970 | 183,426 |
Commercial Loans [Member] | ' | ' |
With allocated allowance | ' | ' |
Loans with related allowance unpaid principal balance | 22,099 | 7,804 |
Loans with related allowance recorded investment | 17,352 | 4,959 |
Allowance | 10,849 | 1,467 |
Total impaired loans | 10,849 | 1,467 |
Real Estate Construction Loans [Member] | ' | ' |
With allocated allowance | ' | ' |
Loans with related allowance unpaid principal balance | 28,847 | 54,718 |
Loans with related allowance recorded investment | 19,694 | 34,856 |
Allowance | 5,691 | 8,158 |
Total impaired loans | 5,691 | 8,158 |
Commercial Mortgage Loans [Member] | ' | ' |
With allocated allowance | ' | ' |
Loans with related allowance unpaid principal balance | 35,582 | 14,163 |
Loans with related allowance recorded investment | 34,688 | 12,928 |
Allowance | 6,129 | 1,336 |
Total impaired loans | 6,129 | 1,336 |
Residential Mortgage And Equity Lines Member | ' | ' |
With allocated allowance | ' | ' |
Loans with related allowance unpaid principal balance | 15,951 | 14,264 |
Loans with related allowance recorded investment | 14,097 | 12,428 |
Allowance | 693 | 1,222 |
Total impaired loans | 693 | 1,222 |
With Allocated Allowance Member | ' | ' |
With allocated allowance | ' | ' |
Loans with related allowance unpaid principal balance | 102,479 | 90,949 |
Loans with related allowance recorded investment | 85,831 | 65,171 |
Allowance | 23,362 | 12,183 |
Total impaired loans | $23,362 | $12,183 |
Note_7_Loans_Details_Aging_of_
Note 7 - Loans (Details) - Aging of Loan Portfolio (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Total | $7,832,013 | $7,429,147 |
Commercial Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 17,034 | 16,832 |
60-89 Days Past Due | 4,136 | 1,610 |
Greater than 90 Days Past Due | ' | 630 |
Non-accrual Loans | 24,506 | 19,958 |
Total Past Due | 45,676 | 39,030 |
Loans Not Past Due | 2,192,226 | 2,088,077 |
Total | 2,237,902 | 2,127,107 |
Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 0 | 0 |
60-89 Days Past Due | 0 | 1,471 |
Greater than 90 Days Past Due | 0 | 0 |
Non-accrual Loans | 28,995 | 36,299 |
Total Past Due | 28,995 | 37,770 |
Loans Not Past Due | 160,872 | 143,180 |
Total | 189,867 | 180,950 |
Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 2,396 | 21,570 |
60-89 Days Past Due | 262 | 3,627 |
Greater than 90 Days Past Due | 499 | 0 |
Non-accrual Loans | 35,996 | 35,704 |
Total Past Due | 39,153 | 60,901 |
Loans Not Past Due | 3,882,195 | 3,707,551 |
Total | 3,921,348 | 3,768,452 |
Residential Mortgage And Equity Lines Member | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 3,310 | 5,324 |
60-89 Days Past Due | 2,237 | 1,972 |
Greater than 90 Days Past Due | 0 | 0 |
Non-accrual Loans | 10,364 | 11,941 |
Total Past Due | 15,911 | 19,237 |
Loans Not Past Due | 1,451,736 | 1,320,845 |
Total | 1,467,647 | 1,340,082 |
Installment And Other Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 208 | 0 |
60-89 Days Past Due | 0 | 0 |
Greater than 90 Days Past Due | 0 | 0 |
Non-accrual Loans | 0 | 0 |
Total Past Due | 208 | 0 |
Loans Not Past Due | 15,041 | 12,556 |
Total | 15,249 | 12,556 |
Total [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
30-59 Days Past Due | 22,948 | 43,726 |
60-89 Days Past Due | 6,635 | 8,680 |
Greater than 90 Days Past Due | 499 | 630 |
Non-accrual Loans | 99,861 | 103,902 |
Total Past Due | 129,943 | 156,938 |
Loans Not Past Due | 7,702,070 | 7,272,209 |
Total | $7,832,013 | $7,429,147 |
Note_7_Loans_Details_Troubled_
Note 7 - Loans (Details) - Troubled Debt Restructurings Modified (USD $) | Sep. 30, 2013 | Dec. 31, 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 |
In Thousands, unless otherwise specified | Commercial Loans [Member] | Commercial Loans [Member] | Commercial Mortgage Loans [Member] | Commercial Mortgage Loans [Member] | Residential Mortgage Loans [Member] | Residential Mortgage Loans [Member] | Total [Member] | Total [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | ||
Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | Accruing Troubled Debt Restructuring [Member] | |||||||
Note 7 - Loans (Details) - Troubled Debt Restructurings Modified [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
No. of Loans | ' | ' | 9 | 8 | 3 | 15 | 11 | 7 | 23 | 30 | ' | ' | ' | ' |
Pre-Modification Recorded Investment | ' | ' | $11,705 | $2,144 | $7,474 | $59,299 | $3,736 | $2,895 | $22,915 | $64,338 | ' | ' | ' | ' |
Post-Modification Recorded Investment | ' | ' | 10,516 | 2,144 | 7,474 | 55,610 | 3,658 | 2,895 | 21,648 | 60,649 | ' | ' | ' | ' |
Charge-offs | ' | ' | 1,189 | 0 | 0 | 3,689 | 78 | 0 | 1,267 | 3,689 | 0 | -251 | -78 | -251 |
Specific Reserve | $23,362 | $12,183 | $71 | $75 | $191 | $0 | $125 | $70 | $387 | $145 | ' | ' | ' | ' |
Note_7_Loans_Details_Troubled_1
Note 7 - Loans (Details) - Troubled Debt Restructuring by Type of Concession and Type of Loans (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | $43,608 | $47,731 |
Accruing Troubled Debt Restructuring [Member] | Principal Deferral [Member] | Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 4,813 | 531 |
Accruing Troubled Debt Restructuring [Member] | Principal Deferral [Member] | Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 0 | 0 |
Accruing Troubled Debt Restructuring [Member] | Principal Deferral [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 12,740 | 27,003 |
Accruing Troubled Debt Restructuring [Member] | Principal Deferral [Member] | Residential Construction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 1,573 | 1,461 |
Accruing Troubled Debt Restructuring [Member] | Principal Deferral [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 19,126 | 28,995 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction [Member] | Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 2,943 | 3,020 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction [Member] | Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 0 | 0 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 9,130 | 16,656 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction [Member] | Residential Construction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 1,588 | 1,024 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 13,661 | 20,700 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Payment Deferral [Member] | Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 2,788 | 413 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Payment Deferral [Member] | Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 5,833 | 5,834 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Payment Deferral [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 70,991 | 85,783 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Payment Deferral [Member] | Residential Construction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 3,541 | 2,231 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Payment Deferral [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 83,153 | 94,261 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Forgiveness of Principal [Member] | Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | ' | 0 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Forgiveness of Principal [Member] | Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | ' | 0 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Forgiveness of Principal [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | ' | 739 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Forgiveness of Principal [Member] | Residential Construction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | ' | 0 |
Accruing Troubled Debt Restructuring [Member] | Rate Reduction and Forgiveness of Principal [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | ' | 739 |
Accruing Troubled Debt Restructuring [Member] | Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 10,544 | 3,964 |
Accruing Troubled Debt Restructuring [Member] | Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 5,833 | 5,834 |
Accruing Troubled Debt Restructuring [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 92,861 | 130,181 |
Accruing Troubled Debt Restructuring [Member] | Residential Construction [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 6,702 | 4,716 |
Accruing Troubled Debt Restructuring [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 115,940 | 144,695 |
Commercial Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 4,417 | 2,430 |
Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | 25,500 | 26,346 |
Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Accruing TDRs | $9,781 | $15,324 |
Note_7_Loans_Details_Nonaccrua
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | $43,608 | $47,731 |
Interest Deferral [Member] | Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Interest Deferral [Member] | Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Interest Deferral [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,464 | 1,685 |
Interest Deferral [Member] | Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 249 | 275 |
Interest Deferral [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,713 | 1,960 |
Principal Deferral [Member] | Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 3,026 | 912 |
Principal Deferral [Member] | Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 16,199 | 16,767 |
Principal Deferral [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,640 | 2,817 |
Principal Deferral [Member] | Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 2,241 | 2,010 |
Principal Deferral [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 23,106 | 22,506 |
Rate Reduction and Forgiveness of Principal [Member] | Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,391 | 1,518 |
Rate Reduction and Forgiveness of Principal [Member] | Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Rate Reduction and Forgiveness of Principal [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Rate Reduction and Forgiveness of Principal [Member] | Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Rate Reduction and Forgiveness of Principal [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,391 | 1,518 |
Rate Reduction and Payment Deferral [Member] | Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 0 | 0 |
Rate Reduction and Payment Deferral [Member] | Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 9,301 | 0 |
Rate Reduction and Payment Deferral [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 6,677 | 5,076 |
Rate Reduction and Payment Deferral [Member] | Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 1,420 | 760 |
Rate Reduction and Payment Deferral [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 17,398 | 5,836 |
Rate Reduction [Member] | Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | ' | 0 |
Rate Reduction [Member] | Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | ' | 9,579 |
Rate Reduction [Member] | Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | ' | 5,746 |
Rate Reduction [Member] | Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | ' | 586 |
Rate Reduction [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | ' | 15,911 |
Commercial Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 4,417 | 2,430 |
Real Estate Construction Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 25,500 | 26,346 |
Commercial Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | 9,781 | 15,324 |
Residential Mortgage Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Non-accrual Troubled Debt Restructurings [Line Items] | ' | ' |
Non-accrual TDRs | $3,910 | $3,631 |
Note_7_Loans_Details_Activity_
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Accruing Troubled Debt Restructuring [Member] | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
New restructurings | $10,669 | $14,765 | $15,485 | $53,524 |
Restructured loans restored to accrual status | 5,397 | 3,957 | 6,851 | 6,810 |
Charge-offs | 0 | -251 | -78 | -251 |
Payments | -15,274 | -1,569 | -48,663 | -4,124 |
Restructured loans placed on nonaccrual | -316 | 0 | -2,350 | -5,824 |
Accruing Troubled Debt Restructuring [Member] | Beginning of Period [Member] | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
Balance at | 115,464 | 153,249 | 144,695 | 120,016 |
Balance at | 115,464 | 153,249 | 144,695 | 120,016 |
Accruing Troubled Debt Restructuring [Member] | End of Period [Member] | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
Balance at | 115,940 | 170,151 | 115,940 | 170,151 |
Balance at | 115,940 | 170,151 | 115,940 | 170,151 |
Non Accruing Troubled Debt Restructuring Member | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
New restructurings | 2,415 | 1,153 | 6,163 | 7,124 |
Restructured loans restored to accrual status | -5,397 | -3,957 | -6,851 | -6,810 |
Charge-offs | -1,188 | 0 | -2,121 | -4,285 |
Payments | -1,062 | -1,405 | -3,664 | -33,647 |
Restructured loans placed on nonaccrual | 316 | 0 | 2,350 | 5,824 |
Non Accruing Troubled Debt Restructuring Member | Beginning of Period [Member] | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
Balance at | 48,524 | 23,285 | 47,731 | 50,870 |
Balance at | 48,524 | 23,285 | 47,731 | 50,870 |
Non Accruing Troubled Debt Restructuring Member | End of Period [Member] | ' | ' | ' | ' |
Note 7 - Loans (Details) - Activity Within the Troubled Debt Resturing Loans [Line Items] | ' | ' | ' | ' |
Balance at | 43,608 | 19,076 | 43,608 | 19,076 |
Balance at | $43,608 | $19,076 | $43,608 | $19,076 |
Note_7_Loans_Details_Portfolio
Note 7 - Loans (Details) - Portfolio by Risk Rating (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | $7,832,013 | $7,429,147 |
Commercial Loans [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 2,047,158 | 1,944,989 |
Commercial Loans [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 84,776 | 76,776 |
Commercial Loans [Member] | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 94,088 | 94,077 |
Commercial Loans [Member] | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 11,880 | 11,265 |
Commercial Loans [Member] | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 2,237,902 | 2,127,107 |
Commercial Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 2,237,902 | 2,127,107 |
Real Estate Construction Loans [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 151,696 | 109,269 |
Real Estate Construction Loans [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 18,000 |
Real Estate Construction Loans [Member] | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 34,676 | 45,171 |
Real Estate Construction Loans [Member] | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 3,495 | 8,510 |
Real Estate Construction Loans [Member] | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 189,867 | 180,950 |
Real Estate Construction Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 189,867 | 180,950 |
Commercial Mortgage Loans [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 3,543,731 | 3,344,783 |
Commercial Mortgage Loans [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 137,183 | 162,455 |
Commercial Mortgage Loans [Member] | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 240,434 | 261,214 |
Commercial Mortgage Loans [Member] | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 0 |
Commercial Mortgage Loans [Member] | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 3,921,348 | 3,768,452 |
Commercial Mortgage Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 3,921,348 | 3,768,452 |
Residential Mortgage And Equity Lines Member | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 1,453,498 | 1,322,768 |
Residential Mortgage And Equity Lines Member | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 816 |
Residential Mortgage And Equity Lines Member | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 14,149 | 16,084 |
Residential Mortgage And Equity Lines Member | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 414 |
Residential Mortgage And Equity Lines Member | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 1,467,647 | 1,340,082 |
Residential Mortgage And Equity Lines Member | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 1,467,647 | 1,340,082 |
Installment And Other Loans [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 15,249 | 12,556 |
Installment And Other Loans [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 0 |
Installment And Other Loans [Member] | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 0 |
Installment And Other Loans [Member] | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 0 | 0 |
Installment And Other Loans [Member] | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 15,249 | 12,556 |
Installment And Other Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 15,249 | 12,556 |
Total [Member] | Pass [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 7,211,332 | 6,734,365 |
Total [Member] | Special Mention [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 221,959 | 258,047 |
Total [Member] | Substandard [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 383,347 | 416,546 |
Total [Member] | Doubtful [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 15,375 | 20,189 |
Total [Member] | Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | 7,832,013 | 7,429,147 |
Total [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Gross Loans | $7,832,013 | $7,429,147 |
Note_7_Loans_Details_Allowance
Note 7 - Loans (Details) - Allowance For Loan Losses By Portfolio Segment And Based On Impairment Method (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Loans individually evaluated for impairment | ' | ' |
Individually Evaluated - Allowance | $23,362 | $12,183 |
Individually Evaluated - Balance | 215,801 | 248,597 |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 158,090 | 171,139 |
Collectively Evaluated - Balance | 7,616,212 | 7,180,550 |
Total allowance | 181,452 | 183,322 |
Total balance | 7,832,013 | 7,429,147 |
Commercial Loans [Member] | ' | ' |
Loans individually evaluated for impairment | ' | ' |
Individually Evaluated - Allowance | 10,849 | 1,467 |
Individually Evaluated - Balance | 35,051 | 23,922 |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 55,887 | 64,634 |
Collectively Evaluated - Balance | 2,202,851 | 2,103,185 |
Total allowance | 66,736 | 66,101 |
Total balance | 2,237,902 | 2,127,107 |
Real Estate Construction Loans [Member] | ' | ' |
Loans individually evaluated for impairment | ' | ' |
Individually Evaluated - Allowance | 5,691 | 8,158 |
Individually Evaluated - Balance | 34,829 | 42,133 |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 10,960 | 14,859 |
Collectively Evaluated - Balance | 155,038 | 138,817 |
Total allowance | 16,651 | 23,017 |
Total balance | 189,867 | 180,950 |
Commercial Mortgage Loans [Member] | ' | ' |
Loans individually evaluated for impairment | ' | ' |
Individually Evaluated - Allowance | 6,129 | 1,336 |
Individually Evaluated - Balance | 128,855 | 165,885 |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 79,959 | 81,137 |
Collectively Evaluated - Balance | 3,792,493 | 3,602,567 |
Total allowance | 86,088 | 82,473 |
Total balance | 3,921,348 | 3,768,452 |
Residential Mortgage And Equity Lines Member | ' | ' |
Loans individually evaluated for impairment | ' | ' |
Individually Evaluated - Allowance | 693 | 1,222 |
Individually Evaluated - Balance | 17,066 | 16,657 |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 11,249 | 10,481 |
Collectively Evaluated - Balance | 1,450,581 | 1,323,425 |
Total allowance | 11,942 | 11,703 |
Total balance | 1,467,647 | 1,340,082 |
Installment And Other Loans [Member] | ' | ' |
Loans collectively evaluated for impairment | ' | ' |
Collectively Evaluated - Allowance | 35 | 28 |
Collectively Evaluated - Balance | 15,249 | 12,556 |
Total allowance | 35 | 28 |
Total balance | $15,249 | $12,556 |
Note_7_Loans_Details_Allowance1
Note 7 - Loans (Details) - Allowance for Loan Losses by Portfolio Segment (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | $181,452 | ' | $181,452 | ' |
Beginning Balance | ' | ' | 183,322 | ' |
Provision for possible credit losses | ' | ' | -675 | 10,362 |
Commercial Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 66,736 | 65,738 | 66,736 | 65,738 |
Reserve for impaired loans | 10,849 | 1,791 | 10,849 | 1,791 |
Reserve for non-impaired loans | 55,887 | 63,947 | 55,887 | 63,947 |
Reserve for off-balance sheet credit commitments | 953 | 801 | 953 | 801 |
Beginning Balance | 64,379 | 66,595 | 66,101 | 65,658 |
Provision for possible credit losses | 2,121 | 6,199 | 3,200 | 13,329 |
Charge-offs | -200 | -7,387 | -4,580 | -14,479 |
Recoveries | 436 | 331 | 2,015 | 1,230 |
Net charge-offs | 236 | -7,056 | -2,565 | -13,249 |
Real Estate Construction Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 16,651 | 16,128 | 16,651 | 16,128 |
Reserve for impaired loans | 5,691 | 279 | 5,691 | 279 |
Reserve for non-impaired loans | 10,960 | 15,849 | 10,960 | 15,849 |
Reserve for off-balance sheet credit commitments | 287 | 668 | 287 | 668 |
Beginning Balance | 13,755 | 16,360 | 23,017 | 21,749 |
Provision for possible credit losses | 1,660 | -670 | -8,622 | -10,081 |
Charge-offs | 0 | -39 | 0 | -1,165 |
Recoveries | 1,236 | 477 | 2,256 | 5,625 |
Net charge-offs | 1,236 | 438 | 2,256 | 4,460 |
Commercial Mortgage Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 86,088 | 92,011 | 86,088 | 92,011 |
Reserve for impaired loans | 6,129 | 1,729 | 6,129 | 1,729 |
Reserve for non-impaired loans | 79,959 | 90,282 | 79,959 | 90,282 |
Reserve for off-balance sheet credit commitments | 799 | 104 | 799 | 104 |
Beginning Balance | 89,678 | 99,009 | 82,473 | 108,021 |
Provision for possible credit losses | -5,710 | -6,350 | 935 | -12,937 |
Charge-offs | -394 | -966 | -3,425 | -10,647 |
Recoveries | 2,514 | 318 | 6,105 | 7,574 |
Net charge-offs | 2,120 | -648 | 2,680 | -3,073 |
Residential Mortgage And Equity Lines Member | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 11,942 | 10,528 | 11,942 | 10,528 |
Reserve for impaired loans | 693 | 1,626 | 693 | 1,626 |
Reserve for non-impaired loans | 11,249 | 8,902 | 11,249 | 8,902 |
Reserve for off-balance sheet credit commitments | 34 | 34 | 34 | 34 |
Beginning Balance | 11,892 | 10,254 | 11,703 | 10,795 |
Provision for possible credit losses | 52 | 740 | 780 | 1,150 |
Charge-offs | -160 | -477 | -766 | -1,805 |
Recoveries | 158 | 11 | 225 | 388 |
Net charge-offs | -2 | -466 | -541 | -1,417 |
Installment And Other Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 35 | 33 | 35 | 33 |
Reserve for impaired loans | 0 | 0 | 0 | 0 |
Reserve for non-impaired loans | 35 | 33 | 35 | 33 |
Reserve for off-balance sheet credit commitments | 1 | 3 | 1 | 3 |
Beginning Balance | 29 | 56 | 28 | 57 |
Provision for possible credit losses | 6 | -23 | -4 | -2 |
Charge-offs | 0 | 0 | 0 | -25 |
Recoveries | 0 | 0 | 11 | 3 |
Net charge-offs | 0 | 0 | 11 | -22 |
Total [Member] | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Line Items] | ' | ' | ' | ' |
Ending Balance | 181,452 | 184,438 | 181,452 | 184,438 |
Reserve for impaired loans | 23,362 | 5,425 | 23,362 | 5,425 |
Reserve for non-impaired loans | 158,090 | 179,013 | 158,090 | 179,013 |
Reserve for off-balance sheet credit commitments | 2,074 | 1,610 | 2,074 | 1,610 |
Beginning Balance | 179,733 | 192,274 | 183,322 | 206,280 |
Provision for possible credit losses | -1,871 | -104 | -3,711 | -8,541 |
Charge-offs | -754 | -8,869 | -8,771 | -28,121 |
Recoveries | 4,344 | 1,137 | 10,612 | 14,820 |
Net charge-offs | $3,590 | ($7,732) | $1,841 | ($13,301) |
Note_9_Securities_Sold_Under_A2
Note 9 - Securities Sold Under Agreements to Repurchase (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Dec. 31, 2012 | |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Securities Sold under Agreements to Repurchase (in Dollars) | $800,000,000 | $1,250,000,000 |
Weighted Average Rate Of Securities Sold Under Agreements | 3.87% | 3.84% |
Average Rate Reduction on Modified Repurchase Agreements (in Basis Points) | ' | 1.68% |
Prepaid Security Sold Under Repurchase Agreement (in Dollars) | 450,000,000 | 150,000,000 |
Rate of Prepaid Security Sold Under Repurchase Agreements | 3.79% | 4.43% |
Prepayment Penalty Security Sold Under Agreements To Repurchase (in Dollars) | 22,600,000 | 9,400,000 |
Total Fixed To Floating Rate Agreements (in Dollars) | 300,000,000 | ' |
Number Of Fixed-To-Floating Security Sold Under Agreements To Repurchase | 6 | ' |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | 0.00% | ' |
Securities Sold Under Agreements to Repurchase Minimum [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | 1.00% | ' |
Securities Sold Under Agreements to Repurchase Maximum Initial Rate [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | 3.50% | ' |
Terms Modified in Current Year [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Securities Sold under Agreements to Repurchase (in Dollars) | ' | 200,000,000 |
Floating to Fixed Rate Agreements Totaling $300 Million [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Number Of Floating-To-Fixed Rate Agreements | 5 | ' |
Total Fixed To Floating Rate Agreements (in Dollars) | 300,000,000 | ' |
LIBOR Minus Hundred Basis Point | 'three-month LIBOR minus 200 basis points | ' |
LIBOR Minus Three Hundred and Forty Basis Points | 'three-month LIBOR rate minus 340 basis points | ' |
Floating to Fixed Rate Agreements Totaling $300 Million [Member] | Minimum [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | 4.78% | ' |
Floating to Fixed Rate Agreements Totaling $300 Million [Member] | Maximum [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | 5.07% | ' |
Securities Sold under Agreements to Repurchase [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Investment Securities Pledged As Collateral (in Dollars) | 920,100,000 | 1,400,000,000 |
Callable Securities [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Securities Sold under Agreements to Repurchase (in Dollars) | $600,000,000 | ' |
Minimum [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ' |
Debt Instrument, Basis Spread on Variable Rate | 3.50% | ' |
Maximum [Member] | ' | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) [Line Items] | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | 3.75% | ' |
Note_9_Securities_Sold_Under_A3
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase (Callable [Member], USD $) | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 |
Fixed to Floating Fifty Million with One Agreement at Three Point Seven Five Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
Maximum rate | 3.75% |
Minimum rate | 0.00% |
No. of agreements | 1 |
Amount (in Dollars) | $50,000 |
Weighted average rate | 3.75% |
Final maturity | 2,014 |
Fixed to Floating One Hundred Million with Two Agreements at Three Point Five Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
Maximum rate | 3.50% |
Minimum rate | 0.00% |
No. of agreements | 2 |
Amount (in Dollars) | 100,000 |
Weighted average rate | 3.50% |
Final maturity | 2,014 |
Fixed to Floating One Hundred and Fifty Million with 3 Agreements at Three Point Five Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
Maximum rate | 3.50% |
Minimum rate | 0.00% |
No. of agreements | 3 |
Amount (in Dollars) | 150,000 |
Weighted average rate | 3.50% |
Final maturity | 2,015 |
Floating to Fixed One Hundred Million with One Agreement at Four Point Seven Eight Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of agreements | 1 |
Amount (in Dollars) | 100,000 |
Weighted average rate | 4.78% |
Final maturity | 2,014 |
Floating to Fixed Two Hundred million with 4 Agreements at Five Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of agreements | 4 |
Amount (in Dollars) | 200,000 |
Weighted average rate | 5.00% |
Final maturity | 2,017 |
Eleven Total Agreements for Six Hundred Million at Four Point Two Four Percent [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Callable Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of agreements | 11 |
Amount (in Dollars) | $600,000 |
Weighted average rate | 4.24% |
Note_9_Securities_Sold_Under_A4
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Securities Sold Under Agreements to Repurchase (Non-Callable Fixed Rate Securities Sold Under Agreements to Repurchase [Member], USD $) | Sep. 30, 2013 |
In Thousands, unless otherwise specified | |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of Agreements | 4 |
Amount (in Dollars) | $200,000 |
Weighted Average Interest Rate | 2.78% |
Maturing One to Three Years [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of Agreements | 1 |
Amount (in Dollars) | 50,000 |
Weighted Average Interest Rate | 2.69% |
Maturing in Three to Five Years [Member] | ' |
Note 9 - Securities Sold Under Agreements to Repurchase (Details) - Securities Sold Under Agreements to Repurchase [Line Items] | ' |
No. of Agreements | 3 |
Amount (in Dollars) | $150,000 |
Weighted Average Interest Rate | 2.81% |
Note_10_Income_Taxes_Details
Note 10 - Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Income Tax Disclosure [Abstract] | ' | ' | ' | ' | ' |
Income Tax Expense (Benefit) | $19,029,000 | $17,686,000 | $52,489,000 | $50,852,000 | ' |
Effective Income Tax Rate Reconciliation, Percent | ' | ' | 36.50% | 36.30% | ' |
Income Tax Refund Receivable | ' | ' | ' | ' | $12,400,000 |
Note_11_Fair_Value_Measurement2
Note 11 - Fair Value Measurements (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 |
Net of Estimated Disposal Costs [Member] | Net of Estimated Disposal Costs [Member] | Warrants Outstanding [Member] | Warrants Outstanding [Member] | Accounts Receivable Collateral [Member] | Inventory Collateral [Member] | Minimum [Member] | Maximum [Member] | |||
Minimum [Member] | Maximum [Member] | |||||||||
Note 11 - Fair Value Measurements (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Warrants (in Dollars) | $49,000 | $104,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Other Real Estate, Foreclosed Assets, and Repossessed Assets (in Dollars) | $49,777,000 | $46,384,000 | $49,800,000 | $46,400,000 | ' | ' | ' | ' | ' | ' |
Collateral Discount Rates | ' | ' | ' | ' | ' | ' | 45.00% | 65.00% | ' | ' |
Estimated Sales Cost Applied To Collateral | ' | ' | ' | ' | ' | ' | ' | ' | 3.00% | 6.00% |
Expected Life of Warrants | ' | ' | ' | ' | ' | ' | ' | ' | '2 years | '4 years |
Fair Value Assumptions, Risk Free Interest Rate | ' | ' | ' | ' | 0.33% | 1.01% | ' | ' | ' | ' |
Fair Value Assumptions, Expected Volatility Rate | ' | ' | ' | ' | 12.60% | 16.60% | ' | ' | ' | ' |
Note_11_Fair_Value_Measurement3
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | $1,743,309 | $1,291,480 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 466,145 | 526,165 |
Total Assets | 466,145 | 526,165 |
Total Liabilities | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 1,277,164 | 765,315 |
Total Assets | 1,287,835 | 772,942 |
Total Liabilities | 4,726 | 1,588 |
Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Total Assets | 49 | 104 |
Total Liabilities | 0 | 0 |
Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 1,743,309 | 1,291,480 |
Total Assets | 1,754,029 | 1,299,211 |
Total Liabilities | 4,726 | 1,588 |
US Treasury Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 460,333 | 509,971 |
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 0 |
US Treasury Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 0 |
US Treasury Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 460,333 | 509,971 |
US Treasury Securities [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 460,333 | 509,971 |
Mortgage-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Mortgage-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 1,095,019 | 416,694 |
Mortgage-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Mortgage-backed Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 1,095,019 | 416,694 |
Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 6,697 | 10,168 |
Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Collateralized Mortgage Obligations [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 6,697 | 10,168 |
Collateralized Mortgage Obligations [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 6,697 | 10,168 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 128 | 141 |
Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Asset-backed Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 128 | 141 |
Asset-backed Securities [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 128 | 141 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 167,840 | 335,977 |
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Corporate Debt Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 167,840 | 335,977 |
Corporate Debt Securities [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 167,840 | 335,977 |
Mutual Funds [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 5,812 | 6,079 |
Mutual Funds [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Mutual Funds [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Mutual Funds [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 5,812 | 6,079 |
Mutual Funds [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 5,812 | 6,079 |
Preferred Stock Of Government Sponsored Entities Member | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Preferred Stock Of Government Sponsored Entities Member | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 7,480 | 2,335 |
Preferred Stock Of Government Sponsored Entities Member | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 0 | 0 |
Preferred Stock Of Government Sponsored Entities Member | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 7,480 | 2,335 |
Preferred Stock Of Government Sponsored Entities Member | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | 7,480 | 2,335 |
Trading Securities Member | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Trading Securities Member | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 4,855 | 4,703 |
Trading Securities Member | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Trading Securities Member | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 4,855 | 4,703 |
Warrant [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Warrant [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Warrant [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 49 | 104 |
Warrant [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 49 | 104 |
Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Total Liabilities | 0 | 0 |
Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 5,816 | 2,924 |
Total Liabilities | 4,725 | 1,586 |
Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | 0 |
Total Liabilities | 0 | 0 |
Foreign Exchange Contract [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 5,816 | 2,924 |
Total Liabilities | 4,725 | 1,586 |
Option Contracts Member | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | ' |
Total Liabilities | ' | 0 |
Option Contracts Member | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 1 | ' |
Total Liabilities | ' | 2 |
Option Contracts Member | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 0 | ' |
Total Liabilities | ' | 0 |
Option Contracts Member | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Total Assets | 1 | ' |
Total Liabilities | ' | 2 |
Trust Preferred Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 10,115 |
Trust Preferred Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 0 |
Trust Preferred Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 0 |
Trust Preferred Securities [Member] | Estimate of Fair Value Measurement [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | 10,115 |
Trust Preferred Securities [Member] | ' | ' |
Note 11 - Fair Value Measurements (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items] | ' | ' |
Available-for-sale Securities - Fair Value | ' | $10,115 |
Note_11_Fair_Value_Measurement4
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended (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 | Dec. 31, 2011 | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | $749 | $5,148 | $214 | $14,802 | $12,666 | $9,325 | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 6,502 | ' | 6,502 | ' | 3,492 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 6,502 | ' | 6,502 | ' | 3,492 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 1,983 | 536 | 2,848 | 0 | 877 | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 28,533 | ' | 28,533 | ' | 11,295 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 28,533 | ' | 28,533 | ' | 11,295 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 394 | 0 | 459 | 0 | 440 | 0 | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 500 | ' | 500 | ' | 500 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 500 | ' | 500 | ' | 500 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 13,503 | ' | 13,503 | ' | 46,153 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 13,503 | ' | 13,503 | ' | 46,153 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 65 | 0 | ||||||
Real Estate Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | ' | ' | ||||||
Real Estate Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | ' | ' | ||||||
Real Estate Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | ' | ' | ||||||
Real Estate Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | ' | ' | ||||||
Real Estate Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 301 | ' | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 13,404 | ' | 13,404 | ' | 11,206 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 13,404 | ' | 13,404 | ' | 11,206 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 160 | 251 | 191 | 782 | 605 | 820 | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 27 | ' | 27 | ' | 297 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 27 | ' | 27 | ' | 297 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 162 | 46 | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 62,469 | ' | 62,469 | ' | 72,943 | ' | ||||||
Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 62,469 | ' | 62,469 | ' | 72,943 | ' | ||||||
Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 554 | 2,234 | 1,186 | 3,931 | 1,272 | 1,743 | ||||||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | [1] | ' | 0 | [1] | ' | 0 | [2] | ' | |||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 27,081 | [1] | ' | 27,081 | [1] | ' | 27,149 | [2] | ' | |||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 8,321 | [1] | ' | 8,321 | [1] | ' | 4,841 | [2] | ' | |||
Other Real Estate Owned [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 35,402 | [1] | ' | 35,402 | [1] | ' | 31,990 | [2] | ' | |||
Other Real Estate Owned [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 111 | [1] | 2,875 | [1] | -1,267 | [1] | 10,602 | [1] | 10,904 | [2] | 7,003 | [2] |
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 9,085 | ' | 9,085 | ' | 9,001 | ' | ||||||
Investments in Venture Capital [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 9,085 | ' | 9,085 | ' | 9,001 | ' | ||||||
Investments in Venture Capital [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 84 | 39 | 295 | 226 | 309 | 379 | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Equity Investments [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Equity Investments [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 43 | 181 | 200 | ||||||
Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 27,081 | ' | 27,081 | ' | 27,149 | ' | ||||||
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | 79,875 | ' | 79,875 | ' | 86,785 | ' | ||||||
Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Three and Six Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Asstes Measured at Fair Value on a Nonrecurring Basis | $107,598 | ' | $107,598 | ' | $114,076 | ' | ||||||
[1] | Other real estate owned balance of $49.8 million in the condensed consolidated balance sheet is net of estimated disposal costs. | |||||||||||
[2] | Other real estate owned balance of $46.4 million in the condensed consolidated balance sheet is net of estimated disposal costs. |
Note_11_Fair_Value_Measurement5
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended (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 | Dec. 31, 2011 | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | $749 | $5,148 | $214 | $14,802 | $12,666 | $9,325 | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 6,502 | ' | 6,502 | ' | 3,492 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 6,502 | ' | 6,502 | ' | 3,492 | ' | ||||||
Commercial Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 1,983 | 536 | 2,848 | 0 | 877 | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 28,533 | ' | 28,533 | ' | 11,295 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 28,533 | ' | 28,533 | ' | 11,295 | ' | ||||||
Commercial Mortgage Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 394 | 0 | 459 | 0 | 440 | 0 | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 500 | ' | 500 | ' | 500 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 500 | ' | 500 | ' | 500 | ' | ||||||
Construction Residential [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 13,503 | ' | 13,503 | ' | 46,153 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 13,503 | ' | 13,503 | ' | 46,153 | ' | ||||||
Construction - Other Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 65 | 0 | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 13,404 | ' | 13,404 | ' | 11,206 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 13,404 | ' | 13,404 | ' | 11,206 | ' | ||||||
Residential Mortgage And Equity Lines Member | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 160 | 251 | 191 | 782 | 605 | 820 | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 27 | ' | 27 | ' | 297 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 27 | ' | 27 | ' | 297 | ' | ||||||
Land Loans [Member] | Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 0 | 162 | 46 | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 62,469 | ' | 62,469 | ' | 72,943 | ' | ||||||
Impaired Loans [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 62,469 | ' | 62,469 | ' | 72,943 | ' | ||||||
Impaired Loans [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 554 | 2,234 | 1,186 | 3,931 | 1,272 | 1,743 | ||||||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | [1] | ' | 0 | [1] | ' | 0 | [2] | ' | |||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 27,081 | [1] | ' | 27,081 | [1] | ' | 27,149 | [2] | ' | |||
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 8,321 | [1] | ' | 8,321 | [1] | ' | 4,841 | [2] | ' | |||
Other Real Estate Owned [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 35,402 | [1] | ' | 35,402 | [1] | ' | 31,990 | [2] | ' | |||
Other Real Estate Owned [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 111 | [1] | 2,875 | [1] | -1,267 | [1] | 10,602 | [1] | 10,904 | [2] | 7,003 | [2] |
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Investments in Venture Capital [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 9,085 | ' | 9,085 | ' | 9,001 | ' | ||||||
Investments in Venture Capital [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 9,085 | ' | 9,085 | ' | 9,001 | ' | ||||||
Investments in Venture Capital [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 84 | 39 | 295 | 226 | 309 | 379 | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Equity Investments [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 0 | ' | 0 | ' | 0 | ' | ||||||
Equity Investments [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Equity Investments [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Total Losses for the Year | 0 | 0 | 0 | 43 | 181 | 200 | ||||||
Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 642 | ' | 642 | ' | 142 | ' | ||||||
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 27,081 | ' | 27,081 | ' | 27,149 | ' | ||||||
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | 79,875 | ' | 79,875 | ' | 86,785 | ' | ||||||
Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' | ||||||
Note 11 - Fair Value Measurements (Details) - Financial Asset and Liabilities Measured on a Non-Recurring Basis Twelve Months Ended [Line Items] | ' | ' | ' | ' | ' | ' | ||||||
Assets Measured at Fair Value on a Nonrecurring Basis | $107,598 | ' | $107,598 | ' | $114,076 | ' | ||||||
[1] | Other real estate owned balance of $49.8 million in the condensed consolidated balance sheet is net of estimated disposal costs. | |||||||||||
[2] | Other real estate owned balance of $46.4 million in the condensed consolidated balance sheet is net of estimated disposal costs. |
Note_12_Fair_Value_of_Financia2
Note 12 - Fair Value of Financial Instruments (Details) - Fair Value of Financial Instruments (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||
Financial Assets | ' | ' | ' | ' |
Cash and due from banks | $201,815 | $144,909 | $114,646 | $117,888 |
Securities held-to-maturity | ' | 773,768 | ' | ' |
Securities held-to-maturity | ' | 823,906 | ' | ' |
Securities available-for-sale | 1,743,309 | 1,291,480 | ' | ' |
Trading securities | 4,855 | 4,703 | ' | ' |
Investment in Federal Home Loan Bank stock | 28,683 | 41,272 | ' | ' |
Financial Liabilities | ' | ' | ' | ' |
Deposits | 7,918,543 | 7,383,225 | ' | ' |
Securities sold under agreements to repurchase | 800,000 | 1,250,000 | ' | ' |
Advances from Federal Home Loan Bank | 376,200 | 146,200 | ' | ' |
Long-term debt | 171,136 | 171,136 | ' | ' |
Carrying Amount [Member] | ' | ' | ' | ' |
Financial Assets | ' | ' | ' | ' |
Cash and due from banks | 201,815 | 144,909 | ' | ' |
Short-term investments | 389,024 | 411,983 | ' | ' |
Short-term investments | 389,024 | 411,983 | ' | ' |
Securities held-to-maturity | 0 | 773,768 | ' | ' |
Securities available-for-sale | 1,743,309 | 1,291,480 | ' | ' |
Trading securities | 4,855 | 4,703 | ' | ' |
Loans, net | 7,637,628 | 7,235,587 | ' | ' |
Investment in Federal Home Loan Bank stock | 28,683 | 41,272 | ' | ' |
Warrants | 49 | 104 | ' | ' |
Option contracts | 0 | 105 | ' | ' |
Foreign exchange contracts | 277,430 | 188,145 | ' | ' |
Financial Liabilities | ' | ' | ' | ' |
Deposits | 7,918,543 | 7,383,225 | ' | ' |
Securities sold under agreements to repurchase | 800,000 | 1,250,000 | ' | ' |
Advances from Federal Home Loan Bank | 376,200 | 146,200 | ' | ' |
Other borrowings | 19,108 | 18,713 | ' | ' |
Long-term debt | 171,136 | 171,136 | ' | ' |
Option contracts | 0 | 104 | ' | ' |
Foreign exchange contracts | 185,558 | 133,669 | ' | ' |
Off-Balance Sheet Financial Instruments | ' | ' | ' | ' |
Commitments to extend credit | 1,760,520 | 1,740,463 | ' | ' |
Standby letters of credit | 46,457 | 44,672 | ' | ' |
Other letters of credit | 88,601 | 71,073 | ' | ' |
Bill of lading guarantees | 172 | 77 | ' | ' |
Fair Value [Member] | ' | ' | ' | ' |
Financial Assets | ' | ' | ' | ' |
Cash and due from banks | 201,815 | 144,909 | ' | ' |
Short-term investments | 389,024 | 411,983 | ' | ' |
Short-term investments | 389,024 | 411,983 | ' | ' |
Securities held-to-maturity | 0 | 823,906 | ' | ' |
Securities available-for-sale | 1,743,309 | 1,291,480 | ' | ' |
Trading securities | 4,855 | 4,703 | ' | ' |
Loans, net | 7,460,436 | 7,169,732 | ' | ' |
Investment in Federal Home Loan Bank stock | 28,683 | 41,272 | ' | ' |
Warrants | 49 | 104 | ' | ' |
Option contracts | 0 | 0 | ' | ' |
Foreign exchange contracts | 5,816 | 2,924 | ' | ' |
Financial Liabilities | ' | ' | ' | ' |
Deposits | 7,917,105 | 7,389,015 | ' | ' |
Securities sold under agreements to repurchase | 858,315 | 1,361,585 | ' | ' |
Advances from Federal Home Loan Bank | 376,429 | 146,789 | ' | ' |
Other borrowings | 16,020 | 14,573 | ' | ' |
Long-term debt | 97,604 | 98,392 | ' | ' |
Option contracts | 1 | 2 | ' | ' |
Foreign exchange contracts | 4,725 | 1,586 | ' | ' |
Off-Balance Sheet Financial Instruments | ' | ' | ' | ' |
Commitments to extend credit | -1,919 | -1,875 | ' | ' |
Standby letters of credit | -200 | -204 | ' | ' |
Other letters of credit | -50 | -34 | ' | ' |
Bill of lading guarantees | $0 | $0 | ' | ' |
Note_12_Fair_Value_of_Financia3
Note 12 - Fair Value of Financial Instruments (Details) - Fair Value of Financial Instruments (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Financial Assets | ' | ' |
Securities held-to-maturity | ' | $823,906 |
Securities available-for-sale | 1,743,309 | 1,291,480 |
Trading securities | 4,855 | 4,703 |
Estimate of Fair Value Measurement [Member] | ' | ' |
Financial Assets | ' | ' |
Cash and due from banks | 201,815 | 144,909 |
Short-term investments | 389,024 | 411,983 |
Securities held-to-maturity | ' | 823,906 |
Securities available-for-sale | 1,743,309 | 1,291,480 |
Trading securities | 4,855 | 4,703 |
Loans, net | 7,460,436 | 7,169,732 |
Investment in Federal Home Loan Bank stock | 28,683 | 41,272 |
Warrants | 49 | 104 |
Financial Liabilities | ' | ' |
Deposits | 7,917,105 | 7,389,015 |
Securities sold under agreement to repurchase | 858,315 | 1,361,585 |
Advances from Federal Home Loan Bank | 376,429 | 146,789 |
Other borrowings | 16,020 | 14,573 |
Long-term debt | 97,604 | 98,392 |
Fair Value, Inputs, Level 1 [Member] | ' | ' |
Financial Assets | ' | ' |
Cash and due from banks | 201,815 | 144,909 |
Short-term investments | 389,024 | 411,983 |
Securities held-to-maturity | ' | 0 |
Securities available-for-sale | 466,145 | 526,165 |
Trading securities | 0 | 0 |
Loans, net | 0 | 0 |
Investment in Federal Home Loan Bank stock | 0 | 0 |
Warrants | 0 | 0 |
Financial Liabilities | ' | ' |
Deposits | 0 | 0 |
Securities sold under agreement to repurchase | 0 | 0 |
Advances from Federal Home Loan Bank | 0 | 0 |
Other borrowings | 0 | 0 |
Long-term debt | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ' | ' |
Financial Assets | ' | ' |
Cash and due from banks | 0 | 0 |
Short-term investments | 0 | 0 |
Securities held-to-maturity | ' | 823,906 |
Securities available-for-sale | 1,277,164 | 765,315 |
Trading securities | 4,855 | 4,703 |
Loans, net | 0 | 0 |
Investment in Federal Home Loan Bank stock | 28,683 | 41,272 |
Warrants | 0 | 0 |
Financial Liabilities | ' | ' |
Deposits | 0 | 0 |
Securities sold under agreement to repurchase | 858,315 | 1,361,585 |
Advances from Federal Home Loan Bank | 376,429 | 146,789 |
Other borrowings | 0 | 0 |
Long-term debt | 97,604 | 98,392 |
Fair Value, Inputs, Level 3 [Member] | ' | ' |
Financial Assets | ' | ' |
Cash and due from banks | 0 | 0 |
Short-term investments | 0 | 0 |
Securities held-to-maturity | ' | 0 |
Securities available-for-sale | 0 | 0 |
Trading securities | 0 | 0 |
Loans, net | 7,460,436 | 7,169,732 |
Investment in Federal Home Loan Bank stock | 0 | 0 |
Warrants | 49 | 104 |
Financial Liabilities | ' | ' |
Deposits | 7,917,105 | 7,389,015 |
Securities sold under agreement to repurchase | 0 | 0 |
Advances from Federal Home Loan Bank | 0 | 0 |
Other borrowings | 16,020 | 14,573 |
Long-term debt | $0 | $0 |
Note_14_Financial_Derivatives_
Note 14 - Financial Derivatives (Details) (USD $) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Positive Fair Value Member | ' | ' |
Note 14 - Financial Derivatives (Details) [Line Items] | ' | ' |
Notional Amount Of Option Contract | $101,000 | $209,000 |
Open Option Contracts Written, at Fair Value | ' | -2,000 |
Sum of Spot and Forward Contract Notional Amount | 277,400,000 | 188,100,000 |
Increase Decrease in Fair Value | 5,800,000 | 2,900,000 |
Negative Fair Value Member | ' | ' |
Note 14 - Financial Derivatives (Details) [Line Items] | ' | ' |
Open Option Contracts Written, at Fair Value | -1,000 | ' |
Sum of Spot and Forward Contract Notional Amount | 185,600,000 | 133,700,000 |
Increase Decrease in Fair Value | ($4,700,000) | ($1,600,000) |
Note_15_Balance_Sheet_Offsetti2
Note 15 - Balance Sheet Offsetting (Details) - Financial Instruments that are Eligible for Offset in the Consolidated Balance Sheet (USD $) | 9 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Financial Instruments that are Eligible for Offset in the Consolidated Balance Sheet [Abstract] | ' | ' |
Gross Amounts of Recognized Liabilities | $800,000 | $1,250,000 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Liabilities Presented in the Statement of Financial Position | 800,000 | 1,250,000 |
Financial Instruments | 0 | 0 |
Collateral Posted | -800,000 | -1,250,000 |
Net Amount | $0 | $0 |
Note_16_Stockholders_Equity_De
Note 16 - Stockholders' Equity (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Mar. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | |
Series B Preferred Stock [Member] | Series B Preferred Stock [Member] | Approximation [Member] | ||||||
Note 16 - Stockholders' Equity (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $1,435,302,000 | ' | $1,435,302,000 | ' | $1,629,504,000 | ' | ' | ' |
Increase (Decrease) in Retained Earnings | ' | ' | -194,200,000 | ' | ' | ' | ' | ' |
Percentage Change in Retained Earnings | ' | ' | 11.90% | ' | ' | ' | ' | ' |
Stock Redeemed or Called During Period, Value | ' | ' | ' | ' | ' | 258,000,000 | 258,000,000 | ' |
Available-for-sale Securities, Gross Unrealized Loss | ' | ' | 21,600,000 | ' | ' | ' | ' | ' |
Net Income (Loss) Attributable to Parent | $32,478,000 | $30,358,000 | $91,241,000 | $89,132,000 | ' | ' | ' | $91,700,000 |
Note_16_Stockholders_Equity_De1
Note 16 - Stockholders' Equity (Details) - Accumulated Other 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 |
Accumulated Other Comprehensive Income [Abstract] | ' | ' | ' | ' |
Beginning balance, net of tax | ($15,073) | ' | $465 | ' |
Ending balance, net of tax | -21,183 | ' | -21,183 | ' |
Net unrealized losses arising during the period | -1,854 | ' | -48,245 | ' |
Net unrealized losses arising during the period | -780 | ' | -20,282 | ' |
Net unrealized losses arising during the period | -1,074 | ' | -27,963 | ' |
Reclassification adjustment for net securities losses included in net income | -8,688 | ' | -27,157 | ' |
Reclassification adjustment for net securities losses included in net income | -3,652 | ' | -11,417 | ' |
Reclassification adjustment for net securities losses included in net income | -5,036 | -5,015 | -15,740 | -7,674 |
Net unrealized gains arising from transferring securities held-to-maturity to available-for-sale | 0 | ' | 38,052 | ' |
Net unrealized gains arising from transferring securities held-to-maturity to available-for-sale | 0 | ' | 15,997 | ' |
Net unrealized gains arising from transferring securities held-to-maturity to available-for-sale | 0 | ' | 22,055 | ' |
Total other comprehensive income | -10,542 | ' | -37,350 | ' |
Total other comprehensive income | -4,432 | ' | -15,702 | ' |
Total other comprehensive income | ($6,110) | $5,635 | ($21,648) | $10,679 |