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Fair Value (Tables) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2011 | Jun. 30, 2011 | Dec. 31, 2010
Fair Value |  |  |
Assets And Liabilities Measured At Fair Value On A Recurring Basis |  |
Fair Value Measurements at June 30, 2011 using: |
(in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Balance at June 30, 2011 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Investment securities |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. Treasury and other U.S. Government sponsored entities |  | $ | - |  |  | $ | 308,655 |  |  | $ | - |  |  | $ | 308,655 |
Obligations of states and political subdivisions |  |  | - |  |  |  | 5,109 |  |  |  |  |  |  |  | 5,109 |
U.S. Government sponsored entities' asset-backed securities |  |  | - |  |  |  | 801,924 |  |  |  | - |  |  |  | 801,924 |
Equity securities |  |  | 968 |  |  |  | - |  |  |  | 741 |  |  |  | 1,709 |
Mortgage loans held for sale |  |  | - |  |  |  | 7,456 |  |  |  | - |  |  |  | 7,456 |
Mortgage IRLCs |  |  | - |  |  |  | 242 |  |  |  | - |  |  |  | 242 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  | $ | - |  |  | $ | 1,338 |  |  | $ | - |  |  | $ | 1,338 |
Fair value swap |  |  | - |  |  |  | - |  |  |  | 200 |  |  |  | 200 |
Fair Value Measurements at December 31, 2010 using: |
(in thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Balance at December 31, 2010 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Investment securities |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. Treasury and other U.S. Government sponsored entities |  | $ | - |  |  | $ | 273,313 |  |  | $ | - |  |  | $ | 273,313 |
Obligations of states and political subdivisions |  |  | - |  |  |  | 8,446 |  |  |  | 2,598 |  |  |  | 11,044 |
U.S. Government sponsored entities' asset-backed securities |  |  | - |  |  |  | 1,011,412 |  |  |  | - |  |  |  | 1,011,412 |
Equity securities |  |  | 1,008 |  |  |  | - |  |  |  | 745 |  |  |  | 1,753 |
Mortgage loans held for sale |  |  | - |  |  |  | 8,340 |  |  |  | - |  |  |  | 8,340 |
Mortgage IRLCs |  |  | - |  |  |  | 166 |  |  |  | - |  |  |  | 166 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  | $ | - |  |  | $ | 1,634 |  |  | $ | - |  |  | $ | 1,634 |
Fair value swap |  |  | - |  |  |  | - |  |  |  | 60 |  |  |  | 60 |
Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis |
Level 3 Fair Value Measurements Three months ended June 30, 2011 and 2010 |
(in thousands) |  | Obligations of states and political subdivisions |  |  | Equity Securities |  |  | Fair value swap |
Balance, at March 31, 2011 |  | $ | 2,470 |  |  | $ | 740 |  |  | $ | (60 | )
Total gains/(losses) |  |  |  |  |  |  |  |  |  |  |  |
Included in earnings – realized |  |  | - |  |  |  | - |  |  |  | - |
Included in earnings – unrealized |  |  | - |  |  |  | - |  |  |  | - |
Included in other comprehensive income |  |  | - |  |  |  | 1 |  |  |  | - |
Purchases, sales, issuances and settlements, other, net |  |  | (2,470 | ) |  |  | - |  |  |  | (140 | )
Balance June 30, 2011 |  | $ | 0 |  |  | $ | 741 |  |  | $ | (200 | )
Balance, at March 31, 2010 |  | $ | 2,744 |  |  | $ | - |  |  | $ | (500 | )
Total gains/(losses) |  |  |  |  |  |  |  |  |  |  |  |
Included in earnings – realized |  |  | - |  |  |  | - |  |  |  | - |
Included in earnings – unrealized |  |  | - |  |  |  | - |  |  |  | - |
Included in other comprehensive income |  |  | 12 |  |  |  | - |  |  |  | - |
Purchases, sales, issuances and settlements, other, net |  |  | - |  |  |  | - |  |  |  | 160 |
Balance June 30, 2010 |  | $ | 2,756 |  |  | $ | - |  |  | $ | (340 | )
Level 3 Fair Value Measurements Six months ended June 30, 2011 and 2010 |
(in thousands) |  | Obligations of states and political subdivisions |  |  | Equity Securities |  |  | Fair value swap |
Balance, at January 1, 2011 |  | $ | 2,598 |  |  | $ | 745 |  |  | $ | (60 | )
Total gains/(losses) |  |  |  |  |  |  |  |  |  |  |  |
Included in earnings – realized |  |  | - |  |  |  |  |  |  |  | - |
Included in earnings – unrealized |  |  | (128 | ) |  |  |  |  |  |  | - |
Included in other comprehensive income |  |  | - |  |  |  | (4 | ) |  |  | - |
Purchases, sales, issuances and settlements, other, net |  |  | (2,470 | ) |  |  |  |  |  |  | (140 | )
Balance June 30, 2011 |  | $ | 0 |  |  | $ | 741 |  |  | $ | (200 | )
Balance, at January 1, 2010 |  | $ | 2,751 |  |  | $ | - |  |  | $ | (500 | )
Total gains/(losses) |  |  |  |  |  |  |  |  |  |  |  |
Included in earnings – realized |  |  | - |  |  |  | - |  |  |  | - |
Included in earnings – unrealized |  |  | - |  |  |  | - |  |  |  | - |
Included in other comprehensive income |  |  | 5 |  |  |  | - |  |  |  | - |
Purchases, sales, issuances and settlements, other, net |  |  | - |  |  |  | - |  |  |  | 160 |
Balance June 30, 2010 |  | $ | 2,756 |  |  | $ | - |  |  | $ | (340 | )
Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis |  |
Fair Value Measurements at June 30, 2011 using: |
(in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Balance at June 30, 2011 |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | - |  |  | $ | - |  |  | $ | 15,760 |  |  | $ | 15,760 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | 23,353 |  |  |  | 23,353 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | - |  |  |  | - |  |  |  | 34,437 |  |  |  | 34,437 |
Remaining commercial |  |  | - |  |  |  | - |  |  |  | 11,767 |  |  |  | 11,767 |
Residential real estate |  |  | - |  |  |  | - |  |  |  | 12,291 |  |  |  | 12,291 |
Total impaired loans |  | $ | - |  |  | $ | - |  |  | $ | 97,608 |  |  | $ | 97,608 |
Mortgage servicing rights |  |  | - |  |  |  | 2,526 |  |  |  | - |  |  |  | 2,526 |
Other real estate owned |  |  | - |  |  |  | - |  |  |  | 47,997 |  |  |  | 47,997 |
Fair Value Measurements at December 31, 2010 Using: |
(in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Balance at December 31, 2010 |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | - |  |  | $ | - |  |  | $ | 8,276 |  |  | $ | 8,276 |
Commercial real estate |  |  |  |  |  |  |  |  |  |  | 32,354 |  |  |  | 32,354 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  |  |  |  |  |  |  |  |  | 45,121 |  |  |  | 45,121 |
Remaining commercial |  |  |  |  |  |  |  |  |  |  | 10,202 |  |  |  | 10,202 |
Residential real estate |  |  |  |  |  |  |  |  |  |  | 15,304 |  |  |  | 15,304 |
Total impaired loans |  | $ | - |  |  | $ | - |  |  | $ | 111,257 |  |  | $ | 111,257 |
Mortgage servicing rights |  |  | - |  |  |  | 3,813 |  |  |  | - |  |  |  | 3,813 |
Other real estate owned |  |  | - |  |  |  | - |  |  |  | 44,325 |  |  |  | 44,325 |
Fair Value Of Financial Instruments |  |
(in thousands) |  | June 30, 2011 |  |  | December 31, 2010 |
Financial assets: |  | Carrying value |  |  | Fair value |  |  | Carrying value |  |  | Fair value |
Cash and money market instruments |  | $ | 217,116 |  |  | $ | 217,116 |  |  | $ | 133,780 |  |  | $ | 133,780 |
Investment securities |  |  | 1,892,708 |  |  |  | 1,903,619 |  |  |  | 1,971,092 |  |  |  | 1,983,636 |
Accrued interest receivable |  |  | 22,624 |  |  |  | 22,624 |  |  |  | 24,137 |  |  |  | 24,137 |
Mortgage loans held for sale |  |  | 7,456 |  |  |  | 7,456 |  |  |  | 8,340 |  |  |  | 8,340 |
Impaired loans carried at fair value |  |  | 97,608 |  |  |  | 97,608 |  |  |  | 111,257 |  |  |  | 111,257 |
Other loans |  |  | 4,495,262 |  |  |  | 4,507,242 |  |  |  | 4,491,691 |  |  |  | 4,511,419 |
Loans receivable, net |  | $ | 4,600,326 |  |  | $ | 4,612,306 |  |  | $ | 4,611,288 |  |  | $ | 4,631,016 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest bearing checking accounts |  | $ | 984,160 |  |  | $ | 984,160 |  |  | $ | 937,719 |  |  | $ | 937,719 |
Interest bearing transactions accounts |  |  | 1,485,383 |  |  |  | 1,485,383 |  |  |  | 1,283,159 |  |  |  | 1,283,159 |
Savings accounts |  |  | 950,777 |  |  |  | 950,777 |  |  |  | 899,288 |  |  |  | 899,288 |
Time deposits |  |  | 1,832,992 |  |  |  | 1,843,327 |  |  |  | 1,973,903 |  |  |  | 1,990,163 |
Other |  |  | 4,205 |  |  |  | 4,205 |  |  |  | 1,351 |  |  |  | 1,351 |
Total deposits |  | $ | 5,257,517 |  |  | $ | 5,267,852 |  |  | $ | 5,095,420 |  |  | $ | 5,111,680 |
Short-term borrowings |  | $ | 234,112 |  |  | $ | 234,112 |  |  | $ | 663,669 |  |  | $ | 663,669 |
Long-term debt |  |  | 821,202 |  |  |  | 889,068 |  |  |  | 636,733 |  |  |  | 699,080 |
Subordinated debentures/notes |  |  | 75,250 |  |  |  | 66,681 |  |  |  | 75,250 |  |  |  | 63,099 |
Accrued interest payable |  |  | 5,732 |  |  |  | 5,732 |  |  |  | 6,123 |  |  |  | 6,123 |
Derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  | $ | 1,338 |  |  | $ | 1,338 |  |  | $ | 1,634 |  |  | $ | 1,634 |
Fair value swap |  |  | 200 |  |  |  | 200 |  |  |  | 60 |  |  |  | 60 |

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- Definition Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis. + Details
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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 14 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 15 -Subparagraph b-d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13476-108611 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13467-108611 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 18 -Subparagraph c(2), d, e, f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph a, c(1), c(2), c(3), d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 19 -Subparagraph a, b, c(1), d(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 820 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19190-110258 + Details
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