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Allowance For Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2014
Loans and Leases Receivable, Allowance [Abstract]  
Activity In The Allowance For Loan Losses
The activity in the allowance for loan losses for the three months ended March 31, 2014 and March 31, 2013 is summarized below.
 
 
Three Months Ended
March 31, 2014
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
14,218

 
$
15,899

 
$
6,855

 
$
14,251

 
$
8,245

 
$
—

 
$
59,468

Charge-offs
639

 
794

 
8

 
591

 
1,795

 
—

 
3,827

Recoveries
247

 
1,558

 
794

 
1,227

 
3,014

 
1

 
6,841

Net charge-offs/(recoveries)
392

 
(764
)
 
(786
)
 
(636
)
 
(1,219
)
 
(1
)
 
(3,014
)
Provision/(recovery)
(64
)
 
(909
)
 
480

 
(680
)
 
(1,051
)
 
(1
)
 
(2,225
)
Ending balance
$
13,762

 
$
15,754

 
$
8,121

 
$
14,207

 
$
8,413

 
$
—

 
$
60,257

 
 
Three Months Ended
March 31, 2013
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
15,635

 
$
11,736

 
$
6,841

 
$
14,759

 
$
6,566

 
$
—

 
$
55,537

Charge-offs
2,708

 
334

 
1,518

 
674

 
1,274

 
—

 
6,508

Recoveries
189

 
40

 
1,427

 
3,498

 
803

 
—

 
5,957

Net charge-offs/(recoveries)
2,519

 
294

 
91

 
(2,824
)
 
471

 
—

 
551

Provision/(recovery)
2,301

 
(372
)
 
806

 
(2,949
)
 
543

 
—

 
329

Ending balance
$
15,417

 
$
11,070

 
$
7,556

 
$
14,634

 
$
6,638

 
$
—

 
$
55,315
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at March 31, 2014 and December 31, 2013 was as follows:
 
 
March 31, 2014
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
3,064

 
$
5,514

 
$
2,304

 
$
440

 
$
—

 
$
—

 
$
11,322

Collectively evaluated for impairment
10,698

 
10,240

 
5,817

 
13,767

 
8,413

 
—

 
48,935

Total ending allowance balance
$
13,762

 
$
15,754

 
$
8,121

 
$
14,207

 
$
8,413

 
$
—

 
$
60,257

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
19,837

 
$
39,387

 
$
14,629

 
$
31,182

 
$
798

 
$
—

 
$
105,833

Loans collectively evaluated for impairment
786,895

 
1,060,610

 
140,785

 
1,768,928

 
757,549

 
3,326

 
4,518,093

Total ending loan balance
$
806,732

 
$
1,099,997

 
$
155,414

 
$
1,800,110

 
$
758,347

 
$
3,326

 
$
4,623,926

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
15.45
%
 
14.00
%
 
15.75
%
 
1.41
%
 
—

 
—

 
10.70
%
Loans collectively evaluated for impairment
1.36
%
 
0.97
%
 
4.13
%
 
0.78
%
 
1.11
%
 
—

 
1.08
%
Total ending loan balance
1.71
%
 
1.43
%
 
5.23
%
 
0.79
%
 
1.11
%
 
—

 
1.30
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
19,835

 
$
39,395

 
$
14,632

 
$
31,213

 
$
798

 
$
—

 
$
105,873

Loans collectively evaluated for impairment
790,134

 
1,063,932

 
141,157

 
1,772,465

 
760,127

 
3,373

 
4,531,188

Total ending recorded investment
$
809,969

 
$
1,103,327

 
$
155,789

 
$
1,803,678

 
$
760,925

 
$
3,373

 
$
4,637,061

 
 
 
December 31, 2013
(In thousands)
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
3,268

 
$
5,496

 
$
1,132

 
$
555

 
$
—

 
$
—

 
$
10,451

Collectively evaluated for impairment
 
10,950

 
10,403

 
5,723

 
13,696

 
8,245

 
—

 
49,017

Total ending allowance balance
 
$
14,218

 
$
15,899

 
$
6,855

 
$
14,251

 
$
8,245

 
$
—

 
$
59,468

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
20,724

 
$
41,816

 
$
15,559

 
$
33,406

 
$
799

 
$
—

 
$
112,304

Loans collectively evaluated for impairment
 
804,708

 
1,070,457

 
140,557

 
1,766,141

 
722,934

 
3,404

 
4,508,201

Total ending loan balance
 
$
825,432

 
$
1,112,273

 
$
156,116

 
$
1,799,547

 
$
723,733

 
$
3,404

 
$
4,620,505

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
15.77
%
 
13.14
%
 
7.28
%
 
1.66
%
 
—

 
—

 
9.31
%
Loans collectively evaluated for impairment
 
1.36
%
 
0.97
%
 
4.07
%
 
0.78
%
 
1.14
%
 
—

 
1.09
%
Total ending loan balance
 
1.72
%
 
1.43
%
 
4.39
%
 
0.79
%
 
1.14
%
 
—

 
1.29
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
20,727

 
$
41,822

 
$
15,559

 
$
33,408

 
$
799

 
$
—

 
$
112,315

Loans collectively evaluated for impairment
 
807,784

 
1,074,216

 
140,944

 
1,769,604

 
725,709

 
3,427

 
4,521,684

Total ending recorded investment
 
$
828,511

 
$
1,116,038

 
$
156,503

 
$
1,803,012

 
$
726,508

 
$
3,427

 
$
4,633,999