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Non-Covered Loans And Leases
6 Months Ended
Jun. 30, 2012
Non-Covered Loans And Leases [Abstract]  
Non-Covered Loans And Leases

Note 3 – Non-Covered Loans and Leases

 

The following table presents the major types of non-covered loans recorded in the balance sheets as of June 30, 2012 and December 31, 2011:

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

June 30,

 

December 31,

 

2012

 

2011

Commercial real estate

 

 

 

 

 

Term & multifamily

$

 3,660,071

 

$

 3,558,295

Construction & development

 

 171,982

 

 

 165,066

Residential development

 

 70,066

 

 

 90,073

Commercial

 

 

 

 

 

Term

 

 707,784

 

 

 625,766

LOC & other

 

 835,148

 

 

 832,999

Residential

 

 

 

 

 

Mortgage

 

 375,302

 

 

 315,927

Home equity loans & lines

 

 263,941

 

 

 272,192

Consumer & other

 

 32,436

 

 

 38,860

Total

 

 6,116,730

 

 

 5,899,178

Deferred loan fees, net

 

 (12,298)

 

 

 (11,080)

Total

$

 6,104,432

 

$

 5,888,098

 

As of June 30, 2012, loans totaling $5.3 billion were pledged to secure borrowings and available lines of credit.