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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Pacific International Bancorp, Inc.
Dec. 31, 2013
Foster Bankshares Inc
Dec. 31, 2013
Center Financial Corporation
Dec. 31, 2012
Center Financial Corporation
Dec. 31, 2011
Center Financial Corporation
CASH FLOWS FROM OPERATING ACTIVITIES                
Net income $ 81,755 $ 83,223 $ 27,115          
Adjustments to reconcile net income to net cash from operating activities:                
Depreciation, amortization, net of discount accretion (13,434) (21,363) 8,687          
Stock-based compensation expense 1,215 2,561 103          
Provision for loan losses 20,000 19,104 27,939          
Gain on bargain purchase of Pacific International Bancorp, Inc.       (118)        
Valuation adjustment of loans held for sale 53 703 35          
Valuation adjustment of OREO 1,432 2,970 1,022          
Proceeds from sales of loans 142,115 127,434 105,602          
Originations of loans held for sale (116,233) (125,972) (64,752)          
Net gains on sales of SBA and other loans (11,515) (8,332) (7,387)          
Net change in bank owned life insurance (1,003) (1,253) (788)          
Net gains on sales and calls of securities available for sale (54) (949) (1,289)          
Net losses (gains) on sales of OREO 102 251 (193)          
Net valuation (gains) losses on interest rate swaps and caps 0 (35) 114          
Change in accrued interest receivable 60 1,322 457          
Change in deferred income taxes 15,767 11,834 8,696          
Change in prepaid FDIC insurance 7,574 2,146 4,219          
Change in investments in affordable housing partnership 1,704 2,203 1,068          
Change in FDIC loss share receivable 4,687 5,271 33          
Change in other assets 10,201 (7,792) (6,664)          
Change in accrued interest payable 466 (2,164) (2,122)          
Change in other liabilities (10,571) 13,308 (5,313)          
Net cash provided by operating activities 134,203 104,470 96,582          
CASH FLOWS FROM INVESTING ACTIVITIES                
Net change in loans receivable (402,172) (549,510) (245,979)          
Proceeds from sales of securities available for sale 174,314 28,446 139,458          
Proceeds from sales of OREO 3,808 5,929 4,847          
Proceeds from matured term federal funds 0 100,000 10,000          
Proceeds from sales of equipment 0 3 0          
Purchase of premises and equipment (9,194) (6,835) (1,168)          
Purchase of securities available for sale (208,352) (184,279) (236,033)          
Purchase of FHLB stock (1,969) 0 0          
Redemption of FHLB Stock 66 4,878 2,875          
Proceeds from matured, called or paid-down securities available for sale 6,636 186,419 183,945          
Redemption of FRB stocks 0 0 6,367          
Purchase of term federal funds 0 (60,000) 0          
Net cash received from merger - Center       25,967 33,486 0 0 325,993
Net cash (used in) provided by investing activities (377,410) (474,949) 190,305          
CASH FLOWS FROM FINANCING ACTIVITIES                
Net change in deposits 299,755 446,230 (62,628)          
Net change in secured borrowings 0 0 (12,541)          
Redemption of subordinated debenture (4,124) (10,400) 0          
Redemption of preferred stock 0 (122,000) 0          
Payment of cash dividends on preferred and common Stock (19,741) (7,549) (3,350)          
Proceeds from FHLB advances 180,000 825,000 0          
Repayment of FHLB advances (211,745) (746,145) (140,982)          
Issuance of additional common stock 0 0 59,869          
Issuance of additional stock pursuant to various stock plans 2,851 338 524          
Redemption of common stock warrant 0 (2,189) 0          
Net cash provided by (used in) financing activities 246,996 383,285 (159,108)          
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,789 12,806 127,779          
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 312,916 300,110 172,331          
CASH AND CASH EQUIVALENTS, END OF YEAR 316,705 312,916 300,110          
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION                
Interest paid 29,552 31,811 30,388          
Income taxes paid 23,650 31,289 17,876          
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES                
Transfer from loans receivable to OREO 9,263 4,224 8,078          
Transfer from loan receivables to loans held for sale 6,900 3,061 31,471          
Non-cash goodwill adjustment, net 0 595 0          
Center merger                
Assets acquired       183,618 350,049 0 0 2,251,884
Liabilities assumed       167,587 360,809 0 0 1,993,014
Assumption of 55,000 shares of new series of preferred stock to the Treasury Department's TARP Capital Purchase Program           $ 0 $ 0 $ 54,158