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Portfolio Loans Covered by Loss Share (Covered loans) (Tables)
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9 Months Ended |
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Sep. 30, 2013
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| Covered Loans [Line Items] |
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| Summary of Covered Loans by Category |
Below is a summary of Covered loans by category at September 30, 2013, and December 31, 2012: | | | | | | | | | | | | September 30, 2013 | | December 31, 2012 | (in thousands) | Weighted- Average Risk Rating | Recorded Investment Covered Loans | | Weighted- Average Risk Rating | Recorded Investment Covered Loans | Real Estate Loans: | | | | | | Construction and Land Development | 6.96 |
| $15,332 |
| | 7.06 |
| $30,537 |
| Commercial real estate - Investor Owned | 6.54 | 51,842 |
| | 6.08 | 57,602 |
| Commercial real estate - Owner Occupied | 6.87 | 43,252 |
| | 6.65 | 47,140 |
| Residential real estate | 5.95 | 37,446 |
| | 5.68 | 42,531 |
| Total real estate loans | |
| $147,872 |
| | |
| $177,810 |
| Commercial and industrial | 6.99 | 9,095 |
| | 6.57 | 22,034 |
| Consumer & other | 6.43 | 1,845 |
| | 4.19 | 1,274 |
| Portfolio Loans | |
| $158,812 |
| | |
| $201,118 |
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| Rollforward of Covered Loans [Table Text Block] |
The following table is a rollforward of Covered loans, net of the allowance for loan losses, for the nine months ended September 30, 2013 and 2012.
| | | | | | | | | | | | | | | | | (In thousands) | Contractual Cashflows | | Less: Non-accretable Difference | | Less: Accretable Yield | | Carrying Amount | Balance January 1, 2013 | $ | 386,966 |
| | $ | 118,627 |
| | $ | 78,768 |
| | $ | 189,571 |
| Principal reductions and interest payments | (37,421 | ) | | — |
| | — |
| | (37,421 | ) | Accretion of loan discount | — |
| | — |
| | (19,987 | ) | | 19,987 |
| Changes in contractual and expected cash flows due to remeasurement | 9,216 |
| | (10,858 | ) | | 14,233 |
| | 5,841 |
| Reductions due to disposals | (68,953 | ) | | (23,867 | ) | | (12,288 | ) | | (32,798 | ) | Balance September 30, 2013 | $ | 289,808 |
| | $ | 83,902 |
| | $ | 60,726 |
| | $ | 145,180 |
| | | | | | | | | Balance January 1, 2012 | $ | 618,791 |
| | $ | 256,481 |
| | $ | 63,335 |
| | $ | 298,975 |
| Principal reductions and interest payments | (68,783 | ) | | — |
| | — |
| | (68,783 | ) | Accretion of loan discount | — |
| | — |
| | (22,231 | ) | | 22,231 |
| Changes in contractual and expected cash flows due to remeasurement | 1,671 |
| | (67,401 | ) | | 67,178 |
| | 1,894 |
| Reductions due to disposals | (107,669 | ) | | (50,846 | ) | | (12,837 | ) | | (43,986 | ) | Balance September 30, 2012 | $ | 444,010 |
| | $ | 138,234 |
| | $ | 95,445 |
| | $ | 210,331 |
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| FDIC Loss Share Receivable [Table Text Block] |
A summary of activity in the FDIC loss share receivable for the nine months ended September 30, 2013 is as follows:
| | | | | (In thousands) | September 30,
2013 | Balance at beginning of period | $ | 61,475 |
| Adjustments not reflected in income: | | Cash received from the FDIC for covered assets | (9,654 | ) | FDIC reimbursable losses, net | 1,880 |
| Adjustments reflected in income: | | Amortization, net | (9,574 | ) | Loan impairment (recapture) | 2,205 |
| Reductions for payments on covered assets in excess of expected cash flows | (6,278 | ) | Balance at end of period | $ | 40,054 |
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Covered Loans
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| Covered Loans [Line Items] |
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| Summary of Aging of the Recorded Investment in Past Due Covered Loans by Portfolio Class and Category |
The aging of the recorded investment in past due Covered loans by portfolio class and category at September 30, 2013, and December 31, 2012, is shown below.
| | | | | | | | | | | | | | | | | | | | | | September 30, 2013 | (in thousands) | 30-89 Days Past Due | | 90 or More
Days Past Due | | Total Past Due | | Current | | Total | Commercial & Industrial | $ | 1,642 |
| | $ | 1,166 |
| | $ | 2,808 |
| | $ | 6,287 |
| | $ | 9,095 |
| Real Estate: | | | | | | | | | | Commercial - Owner Occupied | 3,323 |
| | 5,024 |
| | 8,347 |
| | 34,905 |
| | 43,252 |
| Commercial - Investor Owned | 1,653 |
| | 4,465 |
| | 6,118 |
| | 45,724 |
| | 51,842 |
| Construction and Land Development | — |
| | 3,886 |
| | 3,886 |
| | 11,446 |
| | 15,332 |
| Residential | 673 |
| | 6,591 |
| | 7,264 |
| | 30,182 |
| | 37,446 |
| Consumer & Other | — |
| | — |
| | — |
| | 1,845 |
| | 1,845 |
| Total | $ | 7,291 |
| | $ | 21,132 |
| | $ | 28,423 |
| | $ | 130,389 |
| | $ | 158,812 |
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| | | | | | | | | | | | | | | | | | | | | | December 31, 2012 | (in thousands) | 30-89 Days Past Due | | 90 or More
Days Past Due | | Total Past Due | | Current | | Total | Commercial & Industrial | $ | 319 |
| | $ | 3,925 |
| | $ | 4,244 |
| | $ | 17,790 |
| | $ | 22,034 |
| Real Estate: | | | | | | | | | | Commercial - Owner Occupied | 887 |
| | 5,144 |
| | 6,031 |
| | 41,109 |
| | 47,140 |
| Commercial - Investor Owned | 308 |
| | 665 |
| | 973 |
| | 56,629 |
| | 57,602 |
| Construction and Land Development | 36 |
| | 13,532 |
| | 13,568 |
| | 16,969 |
| | 30,537 |
| Residential | 1,232 |
| | 2,907 |
| | 4,139 |
| | 38,392 |
| | 42,531 |
| Consumer & Other | 1 |
| | 2 |
| | 3 |
| | 1,271 |
| | 1,274 |
| Total | $ | 2,783 |
| | $ | 26,175 |
| | $ | 28,958 |
| | $ | 172,160 |
| | $ | 201,118 |
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