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Portfolio Loans Covered by Loss Share (Covered loans) (Tables)
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6 Months Ended |
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Jun. 30, 2014
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| Covered Loans [Line Items] |
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| Summary of Covered Loans by Category |
at June 30, 2014, and December 31, 2013: | | | | | | | | | | | | June 30, 2014 | | December 31, 2013 | (in thousands) | Weighted- Average Risk Rating | Recorded
Investment
PCI Loans | | Weighted- Average Risk Rating | Recorded
Investment
PCI Loans | Real Estate Loans: | | | | | | Construction and land development | 6.46 |
| $7,885 |
| | 6.84 |
| $14,325 |
| Commercial real estate - Investor owned | 7.07 | 41,699 |
| | 6.81 | 48,146 |
| Commercial real estate - Owner occupied | 6.58 | 30,396 |
| | 6.75 | 32,525 |
| Residential real estate | 5.94 | 30,736 |
| | 5.92 | 34,498 |
| Total real estate loans | |
| $110,716 |
| | |
| $129,494 |
| Commercial and industrial | 6.93 | 7,300 |
| | 6.87 | 9,271 |
| Consumer and other | 4.30 | 488 |
| | 6.47 | 1,773 |
| Portfolio loans | |
| $118,504 |
| | |
| $140,538 |
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| Rollforward of Covered Loans [Table Text Block] |
, for the six months ended June 30, 2014 and 2013.
| | | | | | | | | | | | | | | | | (In thousands) | Contractual Cashflows | | Less: Non-accretable Difference | | Less: Accretable Yield | | Carrying Amount | Balance January 1, 2014 | $ | 266,068 |
| | $ | 87,438 |
| | $ | 53,530 |
| | $ | 125,100 |
| Principal reductions and interest payments | (18,089 | ) | | — |
| | — |
| | (18,089 | ) | Accretion of loan discount | — |
| | — |
| | (8,601 | ) | | 8,601 |
| Changes in contractual and expected cash flows due to remeasurement | (3,871 | ) | | 5 |
| | (5,693 | ) | | 1,817 |
| Reductions due to disposals | (25,552 | ) | | (5,440 | ) | | (3,648 | ) | | (16,464 | ) | Balance June 30, 2014 | $ | 218,556 |
| | $ | 82,003 |
| | $ | 35,588 |
| | $ | 100,965 |
| | | | | | | | | Balance January 1, 2013 | $ | 386,966 |
| | $ | 118,627 |
| | $ | 78,768 |
| | $ | 189,571 |
| Principal reductions and interest payments | (23,628 | ) | | — |
| | — |
| | (23,628 | ) | Accretion of loan discount | — |
| | — |
| | (13,735 | ) | | 13,735 |
| Changes in contractual and expected cash flows due to remeasurement | (2,595 | ) | | (14,136 | ) | | 5,995 |
| | 5,546 |
| Reductions due to disposals | (56,473 | ) | | (21,463 | ) | | (8,604 | ) | | (26,406 | ) | Balance June 30, 2013 | $ | 304,270 |
| | $ | 83,028 |
| | $ | 62,424 |
| | $ | 158,818 |
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| FDIC Loss Share Receivable [Table Text Block] |
A summary of activity in the FDIC loss share receivable for the six months ended June 30, 2014 is as follows:
| | | | | (In thousands) | June 30,
2014 | Balance at beginning of period | $ | 34,319 |
| Adjustments not reflected in income: | | Cash received from the FDIC for covered assets | (4,212 | ) | FDIC reimbursable losses, net | 553 |
| Adjustments reflected in income: | | Amortization, net | (4,753 | ) | Loan impairment | 2,259 |
| Reductions for payments on covered assets in excess of expected cash flows | (2,658 | ) | Balance at end of period | $ | 25,508 |
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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 |
June 30, 2014, and December 31, 2013, is shown below.
| | | | | | | | | | | | | | | | | | | | | | June 30, 2014 | (in thousands) | 30-89 Days Past Due | | 90 or More
Days Past Due | | Total Past Due | | Current | | Total | Commercial & Industrial | $ | 395 |
| | $ | 563 |
| | $ | 958 |
| | $ | 6,342 |
| | $ | 7,300 |
| Real Estate: | | | | | | | | | | Commercial - Owner Occupied | 65 |
| | 3,612 |
| | 3,677 |
| | 26,719 |
| | 30,396 |
| Commercial - Investor Owned | 109 |
| | 5,935 |
| | 6,044 |
| | 35,655 |
| | 41,699 |
| Construction and Land Development | — |
| | 80 |
| | 80 |
| | 7,805 |
| | 7,885 |
| Residential | 737 |
| | 2,371 |
| | 3,108 |
| | 27,628 |
| | 30,736 |
| Consumer & Other | 17 |
| | — |
| | 17 |
| | 471 |
| | 488 |
| Total | $ | 1,323 |
| | $ | 12,561 |
| | $ | 13,884 |
| | $ | 104,620 |
| | $ | 118,504 |
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| | | | | | | | | | | | | | | | | | | | | | December 31, 2013 | (in thousands) | 30-89 Days Past Due | | 90 or More
Days Past Due | | Total Past Due | | Current | | Total | Commercial & Industrial | $ | 397 |
| | $ | 573 |
| | $ | 970 |
| | $ | 8,301 |
| | $ | 9,271 |
| Real Estate: | | | | | | | | | | Commercial - Owner Occupied | 255 |
| | 6,595 |
| | 6,850 |
| | 25,675 |
| | 32,525 |
| Commercial - Investor Owned | 5,143 |
| | 3,167 |
| | 8,310 |
| | 39,836 |
| | 48,146 |
| Construction and Land Development | 32 |
| | 4,198 |
| | 4,230 |
| | 10,095 |
| | 14,325 |
| Residential | 639 |
| | 5,276 |
| | 5,915 |
| | 28,583 |
| | 34,498 |
| Consumer & Other | — |
| | — |
| | — |
| | 1,773 |
| | 1,773 |
| Total | $ | 6,466 |
| | $ | 19,809 |
| | $ | 26,275 |
| | $ | 114,263 |
| | $ | 140,538 |
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