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LOANS AND LEASES (Tables) | 3 Months Ended
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Mar. 31, 2013
LOANS AND LEASES |
Schedule of loans and leases, excluding loans held for sale |
|  | March 31, |  | December 31, |
|  | 2013 |  | 2012 |
|  | (Dollars in thousands) |
Commercial, financial and agricultural |  | $ | 316,999 |  | $ | 246,278 |
Real estate: |  |  |  |  |
Construction |  | 88,082 |  | 96,240 |
Mortgage - residential |  | 1,073,994 |  | 1,035,273 |
Mortgage - commercial |  | 637,574 |  | 673,506 |
Consumer |  | 150,144 |  | 143,387 |
Leases |  | 8,936 |  | 10,504 |
|  | 2,275,729 |  | 2,205,188 |
Unearned income |  | (1,131 | ) | (1,244 | )
Total loans and leases |  | $ | 2,274,598 |  | $ | 2,203,944 |
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and lease based on the impairment measurement methods, by class |
|  | Commercial, |  | Real estate |  |  |  |  |  |  |
|  | financial & agricultural |  | Construction |  | Mortgage - residential |  | Mortgage - commercial |  | Consumer |  | Leases |  | Total |
|  | (Dollars in thousands) |
March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for loan and lease losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 510 |  | $ | 1,582 |  | $ | — |  | $ | 1,720 |  | $ | — |  | $ | 3 |  | $ | 3,815 |
Collectively evaluated for impairment |  | 8,131 |  | 2,364 |  | 29,991 |  | 33,569 |  | 2,864 |  | 72 |  | 76,991 |
|  | 8,641 |  | 3,946 |  | 29,991 |  | 35,289 |  | 2,864 |  | 75 |  | 80,806 |
Unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,000 |
Total ending balance |  | $ | 8,641 |  | $ | 3,946 |  | $ | 29,991 |  | $ | 35,289 |  | $ | 2,864 |  | $ | 75 |  | $ | 86,806 |
Loans and leases: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 5,043 |  | $ | 39,013 |  | $ | 40,225 |  | $ | 23,664 |  | $ | — |  | $ | 59 |  | $ | 108,004 |
Collectively evaluated for impairment |  | 311,956 |  | 49,069 |  | 1,033,769 |  | 613,910 |  | 150,144 |  | 8,877 |  | 2,167,725 |
|  | 316,999 |  | 88,082 |  | 1,073,994 |  | 637,574 |  | 150,144 |  | 8,936 |  | 2,275,729 |
Unearned income |  | (131 | ) | (31 | ) | 407 |  | (1,185 | ) | (191 | ) | — |  | (1,131 | )
Total ending balance |  | $ | 316,868 |  | $ | 88,051 |  | $ | 1,074,401 |  | $ | 636,389 |  | $ | 149,953 |  | $ | 8,936 |  | $ | 2,274,598 |
December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for loan and lease losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 882 |  | $ | 1,582 |  | $ | 272 |  | $ | 270 |  | $ | — |  | $ | 5 |  | $ | 3,011 |
Collectively evaluated for impairment |  | 4,105 |  | 2,928 |  | 29,638 |  | 48,230 |  | 2,421 |  | 80 |  | 87,402 |
|  | 4,987 |  | 4,510 |  | 29,910 |  | 48,500 |  | 2,421 |  | 85 |  | 90,413 |
Unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,000 |
Total ending balance |  | $ | 4,987 |  | $ | 4,510 |  | $ | 29,910 |  | $ | 48,500 |  | $ | 2,421 |  | $ | 85 |  | $ | 96,413 |
Loans and leases: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 3,957 |  | $ | 48,264 |  | $ | 42,865 |  | $ | 15,911 |  | $ | — |  | $ | 95 |  | $ | 111,092 |
Collectively evaluated for impairment |  | 242,321 |  | 47,976 |  | 992,408 |  | 657,595 |  | 143,387 |  | 10,409 |  | 2,094,096 |
|  | 246,278 |  | 96,240 |  | 1,035,273 |  | 673,506 |  | 143,387 |  | 10,504 |  | 2,205,188 |
Unearned income |  | (60 | ) | (46 | ) | 124 |  | (1,258 | ) | (4 | ) | — |  | (1,244 | )
Total ending balance |  | $ | 246,218 |  | $ | 96,194 |  | $ | 1,035,397 |  | $ | 672,248 |  | $ | 143,383 |  | $ | 10,504 |  | $ | 2,203,944 |
Schedule of impaired loans, by class |
|  | Unpaid Principal Balance |  | Recorded Investment |  | Allowance Allocated |
|  | (Dollars in thousands) |
March 31, 2013 |  |  |  |  |  |  |
Impaired loans with no related allowance recorded: |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 2,677 |  | $ | 1,978 |  | $ | — |
Real estate: |  |  |  |  |  |  |
Construction |  | 39,337 |  | 27,413 |  | — |
Mortgage - residential |  | 46,618 |  | 40,225 |  | — |
Mortgage - commercial |  | 13,236 |  | 12,604 |  | — |
Total impaired loans with no related allowance recorded |  | 101,868 |  | 82,220 |  | — |
Impaired loans with an allowance recorded: |  |  |  |  |  |  |
Commercial, financial & agricultural |  | 4,537 |  | 3,065 |  | 510 |
Real estate: |  |  |  |  |  |  |
Construction |  | 13,678 |  | 11,600 |  | 1,582 |
Mortgage - commercial |  | 15,750 |  | 11,060 |  | 1,720 |
Leases |  | 59 |  | 59 |  | 3 |
Total impaired loans with an allowance recorded |  | 34,024 |  | 25,784 |  | 3,815 |
Total |  | $ | 135,892 |  | $ | 108,004 |  | $ | 3,815 |
December 31, 2012 |  |  |  |  |  |  |
Impaired loans with no related allowance recorded: |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 1,225 |  | $ | 526 |  | $ | — |
Real estate: |  |  |  |  |  |  |
Construction |  | 52,352 |  | 36,664 |  | — |
Mortgage - residential |  | 47,364 |  | 41,894 |  | — |
Mortgage - commercial |  | 13,616 |  | 13,211 |  | — |
Total impaired loans with no related allowance recorded |  | 114,557 |  | 92,295 |  | — |
Impaired loans with an allowance recorded: |  |  |  |  |  |  |
Commercial, financial & agricultural |  | 4,807 |  | 3,431 |  | 882 |
Real estate: |  |  |  |  |  |  |
Construction |  | 13,678 |  | 11,600 |  | 1,582 |
Mortgage - residential |  | 1,935 |  | 971 |  | 272 |
Mortgage - commercial |  | 3,939 |  | 2,700 |  | 270 |
Leases |  | 95 |  | 95 |  | 5 |
Total impaired loans with an allowance recorded |  | 24,454 |  | 18,797 |  | 3,011 |
Total |  | $ | 139,011 |  | $ | 111,092 |  | $ | 3,011 |
Schedule of average recorded investment and interest income recognized on impaired loans, by class |
|  | Three Months Ended March 31, |
|  | 2013 |  | 2012 |
|  | Average Recorded Investment |  | Interest Income Recognized |  | Average Recorded Investment |  | Interest Income Recognized |
|  | (Dollars in thousands) |
Commercial, financial & agricultural |  | $ | 4,091 |  | $ | 6 |  | $ | 2,086 |  | $ | 3 |
Real estate: |  |  |  |  |  |  |  |  |
Construction |  | 43,643 |  | 176 |  | 76,184 |  | 645 |
Mortgage - residential |  | 41,795 |  | 131 |  | 49,904 |  | 57 |
Mortgage - commercial |  | 17,730 |  | 90 |  | 18,402 |  | 22 |
Leases |  | 82 |  | — |  | — |  | — |
Total |  | $ | 107,341 |  | $ | 403 |  | $ | 146,576 |  | $ | 727 |
Schedule of aging of the recorded investment in past due loans and leases, by class |
|  | Accruing Loans 30 - 59 Days Past Due |  | Accruing Loans 60 - 89 Days Past Due |  | Accruing Loans Greater Than 90 Days Past Due |  | Nonaccrual Loans |  | Total Past Due and Nonaccrual |  | Loans and Leases Not Past Due |  | Total |
|  | (Dollars in thousands) |
March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 159 |  | $ | 136 |  | $ | — |  | $ | 4,605 |  | $ | 4,900 |  | $ | 311,968 |  | $ | 316,868 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  | — |  | — |  | — |  | 18,272 |  | 18,272 |  | 69,779 |  | 88,051 |
Mortgage - residential |  | 7,710 |  | 415 |  | — |  | 24,842 |  | 32,967 |  | 1,041,434 |  | 1,074,401 |
Mortgage - commercial |  | — |  | — |  | — |  | 17,462 |  | 17,462 |  | 618,927 |  | 636,389 |
Consumer |  | 327 |  | 96 |  | — |  | — |  | 423 |  | 149,530 |  | 149,953 |
Leases |  | — |  | — |  | — |  | 59 |  | 59 |  | 8,877 |  | 8,936 |
Total |  | $ | 8,196 |  | $ | 647 |  | $ | — |  | $ | 65,240 |  | $ | 74,083 |  | $ | 2,200,515 |  | $ | 2,274,598 |
December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 123 |  | $ | 139 |  | $ | — |  | $ | 3,510 |  | $ | 3,772 |  | $ | 242,446 |  | $ | 246,218 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  | 124 |  | — |  | — |  | 38,742 |  | 38,866 |  | 57,328 |  | 96,194 |
Mortgage - residential |  | 8,330 |  | 590 |  | 387 |  | 27,499 |  | 36,806 |  | 998,591 |  | 1,035,397 |
Mortgage - commercial |  | 219 |  | — |  | — |  | 9,487 |  | 9,706 |  | 662,542 |  | 672,248 |
Consumer |  | 249 |  | 169 |  | 116 |  | — |  | 534 |  | 142,849 |  | 143,383 |
Leases |  | — |  | — |  | — |  | 94 |  | 94 |  | 10,410 |  | 10,504 |
Total |  | $ | 9,045 |  | $ | 898 |  | $ | 503 |  | $ | 79,332 |  | $ | 89,778 |  | $ | 2,114,166 |  | $ | 2,203,944 |
Schedule of information related to loans modifications in a TDR, by class |
|  | Number of Contracts |  | Recorded Investment (as of period end) |  | Increase in the Allowance |
|  | (Dollars in thousands) |
Three months ended March 31, 2013 |  |  |  |  |  |  |
Commercial, financial & agricultural |  | 1 |  | $ | 1,500 |  | $ | — |
Three months ended March 31, 2012 |  |  |  |  |  |  |
Real estate: |  |  |  |  |  |  |
Mortgage - residential |  | 6 |  | $ | 3,209 |  | $ | — |
Mortgage - commercial |  | 2 |  | 6,775 |  | — |
Total |  | 8 |  | $ | 9,984 |  | $ | — |
Schedule of loans modified as a TDR within the previous twelve months that subsequently defaulted, by class |
|  | Three Months Ended March 31, |
|  | 2013 |  | 2012 |
|  | Number of Contracts |  | Recorded Investment (as of period end) |  | Number of Contracts |  | Recorded Investment (as of period end) |
|  | (Dollars in thousands) |
Commercial, financial & agricultural |  | 1 |  | $ | 1,500 |  | — |  | $ | — |
Real estate: |  |  |  |  |  |  |  |  |
Construction |  | 5 |  | 5,437 |  | 2 |  | 13,831 |
Mortgage - residential |  | 1 |  | 354 |  | 11 |  | 4,381 |
Mortgage - commercial |  | 1 |  | 3,146 |  | 1 |  | 3,158 |
Total |  | 8 |  | $ | 10,437 |  | 14 |  | $ | 21,370 |
Schedule of recorded investment in the loans and leases, by class and credit indicator |
|  | Pass |  | Special Mention |  | Substandard |  | Doubtful |  | Loss |  | Not Rated |  | Less: Unearned Income |  | Total |
|  | (Dollars in thousands) |
March 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 268,961 |  | $ | 2,543 |  | $ | 7,243 |  | $ | — |  | $ | — |  | $ | 38,252 |  | $ | 131 |  | $ | 316,868 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  | 44,996 |  | 5,673 |  | 34,736 |  | — |  | — |  | 2,677 |  | 31 |  | 88,051 |
Mortgage - residential |  | 95,881 |  | 718 |  | 27,449 |  | — |  | — |  | 949,946 |  | (407 | ) | 1,074,401 |
Mortgage - commercial |  | 555,691 |  | 35,798 |  | 34,469 |  | — |  | — |  | 11,616 |  | 1,185 |  | 636,389 |
Consumer |  | 10,226 |  | 150 |  | 22 |  | — |  | — |  | 139,746 |  | 191 |  | 149,953 |
Leases |  | 8,461 |  | 183 |  | 292 |  | — |  | — |  | — |  | — |  | 8,936 |
Total |  | $ | 984,216 |  | $ | 45,065 |  | $ | 104,211 |  | $ | — |  | $ | — |  | $ | 1,142,237 |  | $ | 1,131 |  | $ | 2,274,598 |
December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial & agricultural |  | $ | 192,298 |  | $ | 6,609 |  | $ | 7,607 |  | $ | — |  | $ | — |  | $ | 39,764 |  | $ | 60 |  | $ | 246,218 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  | 39,623 |  | 9,635 |  | 43,986 |  | — |  | — |  | 2,996 |  | 46 |  | 96,194 |
Mortgage - residential |  | 83,535 |  | 1,109 |  | 30,896 |  | — |  | — |  | 919,733 |  | (124 | ) | 1,035,397 |
Mortgage - commercial |  | 563,813 |  | 65,114 |  | 30,754 |  | — |  | — |  | 13,825 |  | 1,258 |  | 672,248 |
Consumer |  | 10,161 |  | — |  | 129 |  | — |  | — |  | 133,097 |  | 4 |  | 143,383 |
Leases |  | 9,860 |  | 274 |  | 370 |  | — |  | — |  | — |  | — |  | 10,504 |
Total |  | $ | 899,290 |  | $ | 82,741 |  | $ | 113,742 |  | $ | — |  | $ | — |  | $ | 1,109,415 |  | $ | 1,244 |  | $ | 2,203,944 |

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- Definition Tabular disclosure of the average recorded investment and interest income recognized on the accrual and cash basis for impaired financing receivables by class of financing receivable. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables that have been modified by trouble debt restructurings within the previous twelve months and for which there was a payment default. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7880640&loc=SL6953803-111525 + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 + Details
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