NON-COVERED LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 7) (USD $)
|
3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Dec. 31, 2011
|
|||||||
Covered loans | |||||||||||
Percentage of total general reserve for allowance for loan losses allocated to covered loans | 3.20% | 3.20% | 3.10% | ||||||||
Allowance on covered loans | $ (7,173,000) | $ (7,173,000) | $ (6,647,000) | ||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 222,521,000 | 216,523,000 | 234,633,000 | 234,633,000 | |||||||
Provision for loan losses | 15,500,000 | 26,500,000 | 33,600,000 | 53,006,000 | 95,006,000 | ||||||
Allowance for unfunded loan commitments and letters of credit | 274,000 | (1,504,000) | (1,048,000) | ||||||||
Charge-offs | (14,816,000) | (31,604,000) | (124,691,000) | ||||||||
Recoveries | 3,148,000 | 9,612,000 | 12,623,000 | ||||||||
Net charge-offs | (11,668,000) | (21,992,000) | (65,800,000) | (112,068,000) | |||||||
Ending balance | 226,627,000 | 226,627,000 | 216,523,000 | ||||||||
Ending balance allocated to: | |||||||||||
Loans individually evaluated for impairment | 9,563,000 | 9,563,000 | 13,041,000 | ||||||||
Loans collectively evaluated for impairment | 217,064,000 | 217,064,000 | 203,482,000 | ||||||||
Ending balance | 226,627,000 | 226,627,000 | 216,523,000 | ||||||||
Residential
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 51,193,000 | 52,180,000 | 49,491,000 | 49,491,000 | |||||||
Provision for loan losses | 86,000 | 1,189,000 | 15,416,000 | ||||||||
Charge-offs | (1,536,000) | (4,567,000) | (13,323,000) | ||||||||
Recoveries | 242,000 | 1,183,000 | 596,000 | ||||||||
Net charge-offs | (1,294,000) | (3,384,000) | (12,727,000) | ||||||||
Ending balance | 49,985,000 | 49,985,000 | 52,180,000 | ||||||||
Ending balance allocated to: | |||||||||||
Loans individually evaluated for impairment | 1,942,000 | 1,942,000 | 2,255,000 | ||||||||
Loans collectively evaluated for impairment | 48,043,000 | 48,043,000 | 49,925,000 | ||||||||
Ending balance | 49,985,000 | 49,985,000 | 52,180,000 | ||||||||
Commercial Real Estate ("CRE")
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 70,990,000 | 66,457,000 | 117,752,000 | 117,752,000 | |||||||
Provision for loan losses | 3,930,000 | 16,395,000 | 22,817,000 | ||||||||
Charge-offs | (4,871,000) | (15,578,000) | (78,803,000) | ||||||||
Recoveries | 2,027,000 | 4,802,000 | 4,691,000 | ||||||||
Net charge-offs | (2,844,000) | (10,776,000) | (74,112,000) | ||||||||
Ending balance | 72,076,000 | 72,076,000 | 66,457,000 | ||||||||
Ending balance allocated to: | |||||||||||
Loans individually evaluated for impairment | 2,460,000 | 2,460,000 | 5,951,000 | ||||||||
Loans collectively evaluated for impairment | 69,616,000 | 69,616,000 | 60,506,000 | ||||||||
Ending balance | 72,076,000 | 72,076,000 | 66,457,000 | ||||||||
Commercial and Industrial ("C&I")
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 88,113,000 | 87,020,000 | 59,737,000 | 59,737,000 | |||||||
Provision for loan losses | 11,126,000 | 12,441,000 | 50,848,000 | ||||||||
Charge-offs | (7,481,000) | (10,368,000) | (30,606,000) | ||||||||
Recoveries | 857,000 | 3,522,000 | 7,041,000 | ||||||||
Net charge-offs | (6,624,000) | (6,846,000) | (23,565,000) | ||||||||
Ending balance | 92,615,000 | 92,615,000 | 87,020,000 | ||||||||
Ending balance allocated to: | |||||||||||
Loans individually evaluated for impairment | 5,161,000 | 5,161,000 | 4,835,000 | ||||||||
Loans collectively evaluated for impairment | 87,454,000 | 87,454,000 | 82,185,000 | ||||||||
Ending balance | 92,615,000 | 92,615,000 | 87,020,000 | ||||||||
Consumer
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 3,957,000 | 4,219,000 | 3,428,000 | 3,428,000 | |||||||
Provision for loan losses | 1,727,000 | 1,545,000 | 2,455,000 | ||||||||
Charge-offs | (928,000) | (1,091,000) | (1,959,000) | ||||||||
Recoveries | 22,000 | 105,000 | 295,000 | ||||||||
Net charge-offs | (906,000) | (986,000) | (1,664,000) | ||||||||
Ending balance | 4,778,000 | 4,778,000 | 4,219,000 | ||||||||
Ending balance allocated to: | |||||||||||
Loans collectively evaluated for impairment | 4,778,000 | 4,778,000 | 4,219,000 | ||||||||
Ending balance | 4,778,000 | 4,778,000 | 4,219,000 | ||||||||
Covered Loans Subject to Allowance For Loan Losses
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Beginning balance | 8,268,000 | [1] | 6,647,000 | [1] | 4,225,000 | [1] | 4,225,000 | [1] | |||
Provision for loan losses | (1,095,000) | [1] | 526,000 | [1] | 2,422,000 | [1] | |||||
Ending balance | 7,173,000 | [1] | 7,173,000 | [1] | 6,647,000 | [1] | |||||
Ending balance allocated to: | |||||||||||
Loans collectively evaluated for impairment | 7,173,000 | [1] | 7,173,000 | [1] | 6,647,000 | [1] | |||||
Ending balance | 7,173,000 | [1] | 7,173,000 | [1] | 6,647,000 | [1] | |||||
Unallocated
|
|||||||||||
Financing Receivable Allowance for Credit Losses Roll Forward | |||||||||||
Provision for loan losses | (274,000) | 1,504,000 | 1,048,000 | ||||||||
Allowance for unfunded loan commitments and letters of credit | $ 274,000 | $ (1,504,000) | $ (1,048,000) | ||||||||
|