XML 72 R40.htm IDEA: XBRL DOCUMENT
v2.4.1.9

COVERED ASSETS AND FDIC INDEMNIFICATION ASSET (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Schedule of Loans and Leases Receivable, Allowance for Credit Losses |
Composition of covered loans |
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |
|  | (In thousands) |
CRE |  | $ | 705,665 |  |  |  | $ | 1,103,530 |  |
Construction and land |  | 46,054 |  |  |  | 163,833 |  |
Total CRE |  | 751,719 |  |  |  | 1,267,363 |  |
C&I |  | 252,986 |  |  |  | 426,621 |  |
Residential single-family |  | 240,650 |  |  |  | 290,095 |  |
Residential multifamily |  | 296,599 |  |  |  | 403,508 |  |
Total residential |  | 537,249 |  |  |  | 693,603 |  |
Other consumer |  | 62,986 |  |  |  | 73,973 |  |
Total covered loans |  | 1,604,940 |  | (1) |  | 2,461,560 |  | (2)
Covered discount |  | (127,246 | ) |  |  | (265,917 | ) |
Net valuation of loans |  | 1,477,694 |  |  |  | 2,195,643 |  |
Allowance for loan losses on covered loans |  | (3,505 | ) |  |  | (7,745 | ) |
Total covered loans, net |  | $ | 1,474,189 |  |  |  | $ | 2,187,898 |  |
Collectively evaluated for impairment |  | $ | 253,312 |  | (1) |  | $ | 320,185 |  | (2)
Acquired with deteriorated credit quality |  | 1,224,382 |  |  |  | 1,875,458 |  |
Total |  | $ | 1,477,694 |  |  |  | $ | 2,195,643 |  |
(1) | Includes $253.3 million of covered advances comprised of $154.8 million, $59.4 million, $27.3 million and $11.8 million of C&I, CRE, consumer and residential loans, respectively.
(2) | Includes $320.2 million of covered advances comprised of $230.6 million, $46.7 million, $30.9 million and $12.0 million of C&I, CRE, consumer and residential loans, respectively.
Schedule of credit risk rating categories for the covered loans by portfolio segments |
|  | Pass/Watch |  | Special Mention |  | Substandard |  | Doubtful |  | Total
|  | (In thousands)
December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | $ | 579,133 |  |  | $ | 12,575 |  |  | $ | 113,957 |  |  | $ | — |  |  | $ | 705,665 |
Construction and land |  | 18,090 |  |  | 8,515 |  |  | 19,449 |  |  | — |  |  | 46,054 |
Total CRE |  | 597,223 |  |  | 21,090 |  |  | 133,406 |  |  | — |  |  | 751,719 |
C&I |  | 217,975 |  |  | 5,723 |  |  | 29,288 |  |  | — |  |  | 252,986 |
Residential single-family |  | 232,139 |  |  | 474 |  |  | 8,037 |  |  | — |  |  | 240,650 |
Residential multifamily |  | 247,893 |  |  | — |  |  | 48,706 |  |  | — |  |  | 296,599 |
Total residential |  | 480,032 |  |  | 474 |  |  | 56,743 |  |  | — |  |  | 537,249 |
Other consumer |  | 62,010 |  |  | 141 |  |  | 835 |  |  | — |  |  | 62,986 |
Total principal balance |  | $ | 1,357,240 |  |  | $ | 27,428 |  |  | $ | 220,272 |  |  | $ | — |  |  | $ | 1,604,940 |
|  | Pass/Watch |  | Special Mention |  | Substandard |  | Doubtful |  | Total
|  | (In thousands)
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | $ | 857,376 |  |  | $ | 27,851 |  |  | $ | 211,835 |  |  | $ | 6,468 |  |  | $ | 1,103,530 |
Construction and land |  | 41,847 |  |  | 9,472 |  |  | 111,616 |  |  | 898 |  |  | 163,833 |
Total CRE |  | 899,223 |  |  | 37,323 |  |  | 323,451 |  |  | 7,366 |  |  | 1,267,363 |
C&I |  | 378,086 |  |  | 4,635 |  |  | 43,797 |  |  | 103 |  |  | 426,621 |
Residential single-family |  | 281,246 |  |  | 733 |  |  | 8,116 |  |  | — |  |  | 290,095 |
Residential multifamily |  | 373,024 |  |  | 785 |  |  | 29,699 |  |  | — |  |  | 403,508 |
Total residential |  | 654,270 |  |  | 1,518 |  |  | 37,815 |  |  | — |  |  | 693,603 |
Other consumer |  | 72,053 |  |  | 128 |  |  | 1,792 |  |  | — |  |  | 73,973 |
Total principal balance |  | $ | 2,003,632 |  |  | $ | 43,604 |  |  | $ | 406,855 |  |  | $ | 7,469 |  |  | $ | 2,461,560 |
Covered nonperforming assets |
|  | December 31,
|  | 2014 |  | 2013
|  | (In thousands)
Covered nonaccrual loans(1) (2) (3) |  | $ | 62,665 |  |  | $ | 126,895 |
Other real estate owned covered, net |  | 4,499 |  |  | 21,373 |
Total covered nonperforming assets |  | $ | 67,164 |  |  | $ | 148,268 |
(1) | Covered nonaccrual loans include loans that meet the criteria for nonaccrual but have a yield accreted through interest income under ASC 310-30. All losses on covered loans are 80% reimbursed by the FDIC.
(2) | Net of discount.
(3) | Includes $10.1 million and $17.7 million of covered advances as of December 31, 2014 and December 31, 2013, respectively; and $52.6 million and $109.2 million of PCI loans as of December 31, 2014 and December 31, 2013, respectively.
Schedule of troubled debt restructurings related to covered loans activity |
|  | Year Ended December 31,
|  | 2014 |  | 2013
|  | (In thousands)
Beginning balance |  | $ | 116,007 |  |  | $ | 157,736 |
Additions |  | 1,264 |  |  | 35,865 |
Transfers to covered OREO |  | (1,230 | ) |  | — |
Charge-offs |  | (1,504 | ) |  | (10,167 | )
Paydowns/Reductions |  | (71,810 | ) |  | (67,427 | )
Ending Balance |  | $ | 42,727 |  |  | $ | 116,007 |
Changes in the accretable yield for the PCI covered loans |
|  | Year Ended December 31,
|  | 2014 |  | 2013 |  | 2012
|  | (In thousands) |  |
Beginning balance |  | $ | 461,545 |  |  | $ | 556,986 |  |  | $ | 785,165 |
Additions |  | — |  |  | — |  |  | — |
Accretion |  | (214,209 | ) |  | (347,010 | ) |  | (382,132 | )
Changes in expected cash flows |  | 59,188 |  |  | 251,569 |  |  | 153,953 |
Ending balance |  | $ | 306,524 |  |  | $ | 461,545 |  |  | $ | 556,986 |
FDIC indemnification asset liabilities activity |
|  | Year Ended December 31,
|  | 2014 |  | 2013
|  | (In thousands)
Beginning balance |  | $ | 74,708 |  |  | $ | 316,313 |
Amortization |  | (101,638 | ) |  | (99,055 | )
Reductions (1) |  | (33,595 | ) |  | (95,536 | )
Estimate of FDIC repayment (2) |  | (35,581 | ) |  | (47,014 | )
Ending Balance |  | $ | (96,106 | ) |  | $ | 74,708 |
(1) | Reductions relate to charge-offs, partial prepayments, loan payoffs and loan sales which result in a corresponding reduction of the indemnification asset.
(2) | This represents the change in the calculated estimate the Company will be required to pay the FDIC at the end of the FDIC shared-loss agreements, due to lower thresholds of losses.
Summary of FDIC receivable activity |
|  | Year Ended December 31,
|  | 2014 |  | 2013
|  | (In thousands)
Beginning balance |  | $ | 30,261 |  |  | $ | 73,091 |
Net (reduction) addition due to recovery or eligible expense/loss |  | (30,601 | ) |  | 12,996 |
Payments to (received from) the FDIC |  | 1,343 |  |  | (55,826 | )
Ending balance |  | $ | 1,003 |  |  | $ | 30,261 |
Covered Loans |
Allowance for loan losses disclosures |
Summary of the activity in the allowance for loan losses and PCI covered loans and covered advances |
|  | Year Ended December 31,
|  | 2014 |  | 2013 |  | 2012 |
|  | Covered Advances |  | PCI Covered Loans |  | Total |  | Covered Advances |  | PCI Covered Loans |  | Total |  | Covered Advances |  | PCI Covered Loans |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 5,476 |  |  | $ | 2,269 |  |  | $ | 7,745 |  |  | $ | 5,153 |  |  | $ | — |  |  | $ | 5,153 |  |  | $ | 6,647 |  |  | $ | — |  |  | $ | 6,647 |  |
Provision for (reversal of) loan losses |  | 6,878 |  |  | (1,845 | ) |  | 5,033 |  |  | 1,759 |  |  | 2,269 |  |  | 4,028 |  |  | 5,016 |  |  | — |  |  | 5,016 |  |
Charge-offs |  | (10,836 | ) |  | — |  |  | (10,836 | ) |  | (1,436 | ) |  | — |  |  | (1,436 | ) |  | (6,510 | ) |  | — |  |  | (6,510 | ) |
Recoveries |  | 1,563 |  |  | — |  |  | 1,563 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |
Ending balance |  | $ | 3,081 |  |  | $ | 424 |  |  | $ | 3,505 |  |  | $ | 5,476 |  |  | $ | 2,269 |  |  | $ | 7,745 |  |  | $ | 5,153 |  |  | $ | — |  |  | $ | 5,153 |  |
Ending balance allocated to: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collectively evaluated for impairment |  | $ | 3,081 |  |  | $ | — |  |  | $ | 3,081 |  | (1) | $ | 5,476 |  |  | $ | — |  |  | $ | 5,476 |  | (2) | $ | 5,153 |  |  | $ | — |  |  | $ | 5,153 |  | (3)
Acquired with deteriorated credit quality |  | — |  |  | 424 |  |  | 424 |  |  | — |  |  | 2,269 |  |  | 2,269 |  |  | — |  |  | — |  |  | — |  |
Ending balance |  | $ | 3,081 |  |  | $ | 424 |  |  | $ | 3,505 |  |  | $ | 5,476 |  |  | $ | 2,269 |  |  | $ | 7,745 |  |  | $ | 5,153 |  |  | $ | — |  |  | $ | 5,153 |  |
(1) | Allowance for loan losses of $2.0 million, $676 thousand, $223 thousand and $166 thousand are allocated to C&I, CRE, consumer and residential loans, respectively.
(2) | Allowance for loan losses of $3.2 million, $1.8 million, $341 thousand and $176 thousand are allocated to C&I, CRE, consumer and residential loans, respectively.
(3) | Allowance for loan losses of $2.4 million, $2.5 million and $194 thousand and $87 thousand are allocated to C&I, CRE, consumer and residential loans, respectively.

X
- Definition A tabular disclosure of the carrying amounts and composition of covered loans delineated by loan type. The disclosure includes the carrying amounts of credit impaired loans by loan type. + References No definition available. + Details
Name: | ewbc_CarryingAmountsAndCompositionOfCoveredLoansTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition A tabular disclosure of the changes in the accretable yield for PCI the covered loans. + References No definition available. + Details
Name: | ewbc_ChangesInAccretableYieldForPCICoveredLoansTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition A tabular disclosure of information regarding covered nonperforming assets, including nonaccrual and past due loans as well as other real estate owned, by credit quality indicators. + References No definition available. + Details
Name: | ewbc_CoveredNonperformingAssetsByCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition A tabular disclosure of information regarding covered nonperforming assets, including nonaccrual and past due loans as well as other real estate owned. + References No definition available. + Details
Name: | ewbc_CoveredNonperformingAssetsTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in covered troubled debt restructurings during the period. + References No definition available. + Details
Name: | ewbc_CoveredTroubledDebtRestructuringRollForwardTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in FDIC receivables. + References No definition available. + Details
Name: | ewbc_FDICReceivableActivityRollForwardTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ewbc_LoansAndLeasesAllowanceForCreditLossesLineItems
Namespace Prefix: | ewbc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ewbc_ScheduleOfLoansAndLeasesReceivableAllowanceForCreditLossesTable
Namespace Prefix: | ewbc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in the indemnification asset relating to loss sharing agreements with the Federal Deposit Insurance Corporation (FDIC). + References No definition available. + Details
Name: | us-gaap_FDICIndemnificationAssetRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the activity in the total allowance for credit losses related to financing receivables (such as loans or lease receivables) for entities that have an unclassified balance sheet, including the balance in the allowance at the beginning and end of each period, additions charged to operations, direct write-downs charged against the allowance, and recoveries of amounts previously charged off. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953423-111524 + Details
Name: | us-gaap_ScheduleOfCreditLossesRelatedToFinancingReceivablesCurrentAndNoncurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ewbc_ReceivableByIndemnificationStatusAxis=ewbc_CoveredLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |