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Loans and Lease Finance Receivables and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Summary of Components of Loan and Lease Finance Receivables, Excluding PCI Loans

The following table provides a summary of the total of loan and lease finance receivables, excluding PCI loans, by type.

		March 31, 2015				December 31, 2014
		(Dollars in thousands)
Commercial and industrial		$	403,600			$	390,011
SBA			126,385				134,265
Real estate:
Commercial real estate			2,499,183				2,487,803
Construction			55,346				55,173
SFR mortgage			205,132				205,124
Dairy & livestock and agribusiness			173,441				279,173
Municipal lease finance receivables			76,220				77,834
Consumer and other loans			70,749				69,884
Gross loans, excluding PCI loans			3,610,056				3,699,267
Less: Deferred loan fees, net			(8,451	)			(8,567	)
Gross loans, excluding PCI loans, net of deferred loan fees			3,601,605				3,690,700
Less: Allowance for loan losses			(60,709	)			(59,825	)
Net loans, excluding PCI loans			3,540,896				3,630,875
PCI Loans			121,030				133,496
Discount on PCI loans			(6,612	)			(7,129	)
PCI loans, net			114,418				126,367
Total loans and lease finance receivables		$	3,655,314			$	3,757,242

Summary of Activity Related to Loans Held-for-Sale

The following table provides a summary of the activity related to loans held-for-sale for the periods presented.

		For the Three Months Ended March 31,
		2015				2014
		(Dollars in thousands)
Balance, beginning of period		$	—			$	3,667
Originations of mortgage loans			—				—
Sales of mortgage loans			—				—
Transfer of mortgage loans to held-for-investment			—				—
Sales of other loans			—				(3,667	)
Transfers of other loans to held-for-sale			—				—
Write-down of loans held-for-sale			—				—
Balance, end of period		$	—			$	—

Summary of Loan, Excluding PCI Loans by Internal Risk Ratings

The following tables summarize each class of loans, excluding PCI Loans, according to our internal risk ratings for the periods presented.

		March 31, 2015
		Pass				Watch List				Special Mention				Substandard				Doubtful & Loss				Total
		(Dollars in thousands)
Commercial and industrial		$	252,537			$	96,106			$	42,377			$	12,350			$	230			$	403,600
SBA			80,047				22,423				14,362				8,070				1,483				126,385
Real estate:
Commercial real estate
Owner occupied			551,211				139,446				49,994				17,159				—				757,810
Non-owner occupied			1,390,414				258,838				37,420				54,701				—				1,741,373
Construction
Speculative			27,394				3,101				—				7,651				—				38,146
Non-speculative			16,579				621				—				—				—				17,200
SFR mortgage			176,298				18,882				4,285				5,667				—				205,132
Dairy & livestock and agribusiness			103,616				67,149				2,277				296				103				173,441
Municipal lease finance receivables			38,562				32,403				5,255				—				—				76,220
Consumer and other loans			54,900				10,487				2,670				2,595				97				70,749
Total gross loans, excluding PCI loans		$	2,691,558			$	649,456			$	158,640			$	108,489			$	1,913			$	3,610,056

		December 31, 2014
		Pass				Watch List				Special Mention				Substandard				Doubtful & Loss				Total
		(Dollars in thousands)
Commercial and industrial		$	234,029			$	105,904			$	33,795			$	16,031			$	252			$	390,011
SBA			84,769				24,124				15,858				7,920				1,594				134,265
Real estate:
Commercial real estate
Owner occupied			552,072				159,908				46,248				32,139				—				790,367
Non-owner occupied			1,347,006				241,809				56,353				52,268				—				1,697,436
Construction
Speculative			28,310				613				—				7,651				—				36,574
Non-speculative			18,071				528				—				—				—				18,599
SFR mortgage			174,311				20,218				2,442				8,153				—				205,124
Dairy & livestock and agribusiness			174,783				85,660				8,612				10,015				103				279,173
Municipal lease finance receivables			35,463				22,349				20,022				—				—				77,834
Consumer and other loans			62,904				2,233				1,789				2,763				195				69,884
Total gross loans, excluding PCI loans		$	2,711,718			$	663,346			$	185,119			$	136,940			$	2,144			$	3,699,267

Schedule of Balance and Activity Related to Allowance for Loan Losses for Held-for-Investment Loans, Excluding PCI Loans by Portfolio Segment

The following tables present the balance and activity related to the allowance for loan losses for held-for-investment loans, excluding PCI loans, by portfolio segment for the periods presented.

		For the Three Months Ended March 31, 2015
		Ending Balance December 31, 2014				Charge-offs				Recoveries				Provision for Loan Losses				Ending Balance March 31, 2015
		(Dollars in thousands)
Commercial and industrial		$	7,074			$	(134	)		$	35			$	527			$	7,502
SBA			2,557				(33	)			34				(362	)			2,196
Real estate:
Commercial real estate			33,373				—				857				618				34,848
Construction			988				—				9				46				1,043
SFR mortgage			2,344				—				185				(104	)			2,425
Dairy & livestock and agribusiness			5,479				—				99				(1,832	)			3,746
Municipal lease finance receivables			1,412				—				—				(382	)			1,030
Consumer and other loans			1,262				(177	)			9				(269	)			825
Unallocated			5,336				—				—				1,758				7,094
Total allowance for loan losses		$	59,825			$	(344	)		$	1,228			$	—			$	60,709

		For the Three Months Ended March 31, 2014
		Ending Balance December 31, 2013				Charge-offs				Recoveries				(Recapture of) Provision for Loan Losses				Ending Balance March 31, 2014
		(Dollars in thousands)
Commercial and industrial		$	8,502			$	(454	)		$	392			$	(2,072	)		$	6,368
SBA			2,332				—				63				73				2,468
Real estate:
Commercial real estate			39,402				—				68				(70	)			39,400
Construction			1,305				—				778				(1,625	)			458
SFR mortgage			2,718				—				—				(436	)			2,282
Dairy & livestock and agribusiness			11,728				—				144				(2,605	)			9,267
Municipal lease finance receivables			2,335				—				—				(816	)			1,519
Consumer and other loans			960				(13	)			12				(9	)			950
Unallocated			5,953				—				—				60				6,013
Total allowance for loan losses		$	75,235			$	(467	)		$	1,457			$	(7,500	)		$	68,725

Schedule of Recorded Investment in Loans Held-for-Investment, Excluding PCI Loans, and Related Allowance for Loan Losses by Portfolio Segment

The following tables present the recorded investment in loans held-for-investment, excluding PCI loans, and the related allowance for loan losses by portfolio segment, based on the Company’s methodology for determining the allowance for loan losses for the periods presented.

		March 31, 2015
		Recorded Investment in Loans								Allowance for Loan Losses
		Individually Evaluated for Impairment				Collectively Evaluated for Impairment				Individually Evaluated for Impairment				Collectively Evaluated for Impairment
		(Dollars in thousands)
Commercial and industrial		$	1,611			$	401,989			$	592			$	6,910
SBA			3,158				123,227				42				2,154
Real estate:
Commercial real estate			41,886				2,457,297				154				34,694
Construction			7,651				47,695				—				1,043
SFR mortgage			5,913				199,219				—				2,425
Dairy & livestock and agribusiness			7,277				166,164				—				3,746
Municipal lease finance receivables			—				76,220				—				1,030
Consumer and other loans			881				69,868				6				819
Unallocated			—				—				—				7,094
Total		$	68,377			$	3,541,679			$	794			$	59,915

		March 31, 2014
		Recorded Investment in Loans								Allowance for Loan Losses
		Individually Evaluated for Impairment				Collectively Evaluated for Impairment				Individually Evaluated for Impairment				Collectively Evaluated for Impairment
		(Dollars in thousands)
Commercial and industrial		$	4,291			$	354,714			$	814			$	5,554
SBA			1,649				129,999				68				2,400
Real estate:
Commercial real estate			33,907				2,160,144				320				39,080
Construction			26,688				16,218				—				458
SFR mortgage			11,692				178,207				47				2,235
Dairy & livestock and agribusiness			27,972				184,985				2,656				6,611
Municipal lease finance receivables			—				81,041				—				1,519
Consumer and other loans			397				54,418				96				854
Unallocated			—				—				—				6,013
Total		$	106,596			$	3,159,726			$	4,001			$	64,724

Schedule of Recorded Investment in, and Aging of, Past Due and Nonaccrual Loans, Excluding PCI Loans by Type of Loans

The following tables present the recorded investment in the aging of past due and nonaccrual loans, excluding PCI loans, by type of loans for the periods presented.

		March 31, 2015
		30-59 Days Past Due				60-89 Days Past Due				Total Past Due and Accruing				Nonaccrual (1)				Current				Total Loans and Financing Receivables
		(Dollars in thousands)
Commercial and industrial		$	112			$	—			$	112			$	952			$	402,536				403,600
SBA			—				—				—				2,463				123,922				126,385
Real estate:
Commercial real estate
Owner occupied			35				—				35				2,418				755,357				757,810
Non-owner occupied			—				—				—				14,369				1,727,004				1,741,373
Construction
Speculative			—				—				—				—				38,146				38,146
Non-speculative			—				—				—				—				17,200				17,200
SFR mortgage			1,613				—				1,613				2,233				201,286				205,132
Dairy & livestock and agribusiness			—				—				—				103				173,338				173,441
Municipal lease finance receivables			—				—				—				—				76,220				76,220
Consumer and other loans			119				20				139				463				70,147				70,749
Total gross loans, excluding PCI Loans		$	1,879			$	20			$	1,899			$	23,001			$	3,585,156			$	3,610,056

(1) As of March 31, 2015, $20.3 million of nonaccruing loans were current, $553,000 were 30-59 days past due, $86,000 were 60-89 days past due and $2.0 million were 90+ days past due.

		December 31, 2014
		30-59 Days Past Due				60-89 Days Past Due				Total Past Due and Accruing				Nonaccrual (1)				Current				Total Loans and Financing Receivables
		(Dollars in thousands)
Commercial and industrial		$	943			$	35			$	978			$	2,308			$	386,725			$	390,011
SBA			75				—				75				2,481				131,709				134,265
Real estate:
Commercial real estate
Owner occupied			36				86				122				4,072				786,173				790,367
Non-owner occupied			—				—				—				19,246				1,678,190				1,697,436
Construction
Speculative			—				—				—				—				36,574				36,574
Non-speculative			—				—				—				—				18,599				18,599
SFR mortgage			425				—				425				3,240				201,459				205,124
Dairy & livestock and agribusiness			—				—				—				103				279,070				279,173
Municipal lease finance receivables			—				—				—				—				77,834				77,834
Consumer and other loans			64				17				81				736				69,067				69,884
Total gross loans, excluding PCI Loans		$	1,543			$	138			$	1,681			$	32,186			$	3,665,400			$	3,699,267

(1) As of December 31, 2014, $20.1 million of nonaccruing loans were current, $3.7 million were 30-59 days past due, $8.5 million were 90+ days.

Schedule of Held-for-Investment Loans, Excluding PCI Loans, Individually Evaluated for Impairment by Class of Loans

The following tables present information for held-for-investment loans, excluding PCI loans, individually evaluated for impairment by class of loans, as of and for the periods indicated below.

		As of and For the Three Months Ended March 31, 2015
		Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
		(Dollars in thousands)
With no related allowance recorded:
Commercial and industrial		$	1,004			$	1,819			$	—			$	1,017			$	8
SBA			3,117				3,667				—				3,177				13
Real estate:
Commercial real estate
Owner occupied			6,117				7,167				—				6,185				64
Non-owner occupied			34,808				42,718				—				35,194				350
Construction
Speculative			7,651				7,651				—				7,651				96
Non-speculative			—				—				—				—				—
SFR mortgage			5,913				6,642				—				5,940				27
Dairy & livestock and agribusiness			7,277				8,991				—				7,533				85
Municipal lease finance receivables			—				—				—				—				—
Consumer and other loans			783				1,289				—				836				4
Total			66,670				79,944				—				67,533				647
With a related allowance recorded:
Commercial and industrial			607				680				592				617				—
SBA			41				54				42				45				—
Real estate:
Commercial real estate
Owner occupied			—				—				—				—				—
Non-owner occupied			961				1,278				154				973				—
Construction
Speculative			—				—				—				—				—
Non-speculative			—				—				—				—				—
SFR mortgage			—				—				—				—				—
Dairy & livestock and agribusiness			—				—				—				—				—
Municipal lease finance receivables			—				—				—				—				—
Consumer and other loans			98				107				6				99				—
Total			1,707				2,119				794				1,734				—
Total impaired loans		$	68,377			$	82,063			$	794			$	69,267			$	647

		As of and For the Three Months Ended March 31, 2014
		Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
		(Dollars in thousands)
With no related allowance recorded:
Commercial and industrial		$	2,592			$	2,862			$	—			$	2,596			$	15
SBA			1,581				1,997				—				1,634				—
Real estate:
Commercial real estate
Owner occupied			10,108				10,768				—				10,221				117
Non-owner occupied			21,928				27,740				—				22,103				215
Construction
Speculative			17,519				18,407				—				17,550				77
Non-speculative			9,169				9,169				—				9,184				140
SFR mortgage			11,214				12,911				—				11,266				26
Dairy & livestock and agribusiness			16,582				17,430				—				16,902				189
Municipal lease finance receivables			—				—				—				—				—
Consumer and other loans			290				295				—				291				—
Total			90,983				101,579				—				91,747				779
With a related allowance recorded:
Commercial and industrial			1,699				2,033				814				1,701				—
SBA			68				76				68				70				—
Real estate:
Commercial real estate
Owner occupied			1,871				2,344				320				1,871				—
Non-owner occupied			—				—				—				—				—
Construction
Speculative			—				—				—				—				—
Non-speculative			—				—				—				—				—
SFR mortgage			478				486				47				479				—
Dairy & livestock and agribusiness			11,390				12,042				2,656				11,608				75
Municipal lease finance receivables			—				—				—				—				—
Consumer and other loans			107				165				96				107				—
Total			15,613				17,146				4,001				15,836				75
Total impaired loans		$	106,596			$	118,725			$	4,001			$	107,583			$	854

		As of December 31, 2014
		Recorded Investment				Unpaid Principal Balance				Related Allowance
		(Dollars in thousands)
With no related allowance recorded:
Commercial and industrial		$	2,391			$	3,624			$	—
SBA			1,853				2,197				—
Real estate:
Commercial real estate
Owner occupied			16,961				18,166				—
Non-owner occupied			30,068				38,156				—
Construction
Speculative			7,651				7,651				—
Non-speculative			—				—				—
SFR mortgage			6,512				7,493				—
Dairy & livestock and agribusiness			15,796				17,587				—
Municipal lease finance receivables			—				—				—
Consumer and other loans			673				1,094				—
Total			81,905				95,968				—
With a related allowance recorded:
Commercial and industrial			629				698				615
SBA			1,327				1,591				296
Real estate:
Commercial real estate
Owner occupied			—				—				—
Non-owner occupied			982				1,278				154
Construction
Speculative			—				—				—
Non-speculative			—				—				—
SFR mortgage			467				484				35
Dairy & livestock and agribusiness			—				—				—
Municipal lease finance receivables			—				—				—
Consumer and other loans			482				508				449
Total			3,887				4,559				1,549
Total impaired loans		$	85,792			$	100,527			$	1,549

Summary of Activity Related to Troubled Debt Restructurings

The following tables provide a summary of the activity related to TDRs for the periods presented.

		For the Three Months March 31,
		2015				2014
		(Dollars in thousands)
Performing TDRs:
Beginning balance		$	53,589			$	66,955
New modifications			—				41
Payoffs and payments, net			(8,729	)			(602	)
TDRs returned to accrual status			516				—
TDRs placed on nonaccrual status			—				—
Ending balance		$	45,376			$	66,394
		For the Three Months March 31,
		2015				2014
		(Dollars in thousands)
Nonperforming TDRs:
Beginning balance		$	20,285			$	25,119
New modifications (1)			—				—
Charge-offs			—				—
Payoffs and payments, net			(2,995	)			(1,151	)
TDRs returned to accrual status			(516	)			—
TDRs placed on nonaccrual status			—				—
Ending balance		$	16,774			$	23,968

Summary of Loans Modified as Troubled Debt Restructurings

The following tables summarize loans modified as troubled debt restructurings for the periods presented.

Modifications (1)

		For the Three Months Ended March 31, 2015
		Number of Loans				Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Outstanding Recorded Investment at March 31, 2015				Financial Effect Resulting From Modifications (2)
		(Dollars in thousands)
Commercial and industrial:
Interest rate reduction			—			$	—			$	—			$	—			$	—
Change in amortization period or maturity			—				—				—				—				—
Real estate:
Commercial real estate:
Owner occupied
Interest rate reduction			—				—				—				—				—
Change in amortization period or maturity			—				—				—				—
Non-owner occupied
Interest rate reduction			—				—				—				—				—
Change in amortization period or maturity			—				—				—				—				—
Dairy & livestock and agribusiness:
Interest rate reduction			—				—				—				—				—
Change in amortization period or maturity			—				—				—				—				—
Consumer
Interest rate reduction			—				—				—				—				—
Total loans			—			$	—			$	—			$	—			$	—
		For the Three Months Ended March 31, 2014
		Number of Loans				Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Outstanding Recorded Investment at March 31, 2014				Financial Effect Resulting From Modifications (2)
		(Dollars in thousands)
Commercial and industrial:
Interest rate reduction			—			$	—			$	—			$	—			$	—
Change in amortization period or maturity			1				41				41				39				—
Real estate:
Commercial real estate:
Owner occupied
Interest rate reduction			—				—				—				—				—
Change in amortization period or maturity			—				—				—				—				—
Non-owner occupied							—
Interest rate reduction			—				—				—				—
Change in amortization period or maturity			—				—				—				—				—
Dairy & livestock and agribusiness:
Interest rate reduction			—				—				—				—				—
Change in amortization period or maturity							—
Consumer
Interest rate reduction			—				—				—				—				—
Total loans			1			$	41			$	41			$	39			$	—

(1) The tables exclude modified loans that were paid off prior to the end of the period.

(2) Financial effects resulting from modifications represent charge-offs and specific allowance recorded at modification date.

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No definition available.

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- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953659-111524



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 55

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525

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- Details

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3,4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

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- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953682-111524



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953676-111524

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