Covered Assets And Indemnification Asset (Tables)

6 Months Ended

Jun. 30, 2012

Covered Assets And Indemnification Asset [Abstract]

Covered Loans

	June 30, 2012
	Evergreen		Rainier		Nevada Security		Total
Commercial real estate
Term & multifamily	$	88,007	$	222,962	$	115,024	$	425,993
Construction & development		5,315		665		8,103		14,083
Residential development		5,574		239		6,800		12,613
Commercial
Term		12,140		3,694		14,897		30,731
LOC & other		5,646		9,974		4,997		20,617
Residential
Mortgage		4,348		24,079		1,842		30,269
Home equity loans & lines		3,741		18,996		3,123		25,860
Consumer & other		2,009		4,726		39		6,774
Total	$	126,780	$	285,335	$	154,825	$	566,940
Allowance for covered loans								(12,977)
Total							$	553,963

	December 31, 2011
	Evergreen		Rainier		Nevada Security		Total
Commercial real estate
Term & multifamily	$	99,346	$	248,206	$	126,502	$	474,054
Construction & development		7,241		711		6,868		14,820
Residential development		7,809		227		9,727		17,763
Commercial
Term		14,911		5,807		13,432		34,150
LOC & other		8,776		8,854		5,796		23,426
Residential
Mortgage		6,320		27,320		1,863		35,503
Home equity loans & lines		4,660		21,055		3,370		29,085
Consumer & other		2,394		5,541		35		7,970
Total	$	151,457	$	317,721	$	167,593	$	636,771
Allowance for covered loans								(14,320)
Total							$	622,451

Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Movement Schedule Roll Forward

(in thousands)
	Three months ended June 30, 2012
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	53,470	$	112,845	$	59,801	$	226,116
Accretion to interest income		(4,544)		(7,147)		(4,694)		(16,385)
Disposals		(2,585)		(4,689)		(1,149)		(8,423)
Reclassifications (to)/from nonaccretable difference		1,723		22,492		665		24,880
Balance, end of period	$	48,064	$	123,501	$	54,623	$	226,188

	Three months ended June 30, 2011
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	75,081	$	155,285	$	69,301	$	299,667
Accretion to interest income		(7,737)		(8,144)		(5,872)		(21,753)
Disposals		(4,181)		(2,803)		(1,403)		(8,387)
Reclassifications (to)/from nonaccretable difference		4,306		(341)		6,568		10,533
Balance, end of period	$	67,469	$	143,997	$	68,594	$	280,060

	Six months ended June 30, 2012
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	56,479	$	120,333	$	61,021	$	237,833
Accretion to interest income		(8,778)		(14,855)		(9,609)		(33,242)
Disposals		(3,682)		(8,686)		(1,419)		(13,787)
Reclassifications (to)/from nonaccretable difference		4,045		26,709		4,630		35,384
Balance, end of period	$	48,064	$	123,501	$	54,623	$	226,188

	Six months ended June 30, 2011
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	90,771	$	172,615	$	73,515	$	336,901
Accretion to interest income		(15,313)		(16,640)		(10,948)		(42,901)
Disposals		(6,973)		(9,447)		(2,807)		(19,227)
Reclassifications (to)/from nonaccretable difference		(1,016)		(2,531)		8,834		5,287
Balance, end of period	$	67,469	$	143,997	$	68,594	$	280,060

Activity Related To Allowance For Covered Loan And Lease Losses By Covered Loan Portfolio

	Three Months Ended June 30, 2012
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Balance, beginning of period	$	8,298	$	3,275	$	740	$	322	$	12,635
Charge-offs		(1,159)		(299)		(134)		(55)		(1,647)
Recoveries		304		212		47		20		583
Provision		18		1,359		11		18		1,406
Balance, end of period	$	7,461	$	4,547	$	664	$	305	$	12,977

	Three Months Ended June 30, 2011
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Balance, beginning of period	$	5,068	$	1,800	$	962	$	413	$	8,243
Charge-offs		(1,128)		(224)		(254)		(719)		(2,325)
Recoveries		386		40		60		60		546
Provision		1,388		1,016		425		926		3,755
Balance, end of period	$	5,714	$	2,632	$	1,193	$	680	$	10,219

	Six Months Ended June 30, 2012
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Balance, beginning of period	$	8,939	$	3,964	$	991	$	426	$	14,320
Charge-offs		(2,090)		(807)		(437)		(533)		(3,867)
Recoveries		641		381		79		48		1,149
Provision		(29)		1,009		31		364		1,375
Balance, end of period	$	7,461	$	4,547	$	664	$	305	$	12,977

(in thousands)

	Six Months Ended June 30, 2011
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Balance, beginning of period	$	2,465	$	176	$	56	$	24	$	2,721
Charge-offs		(2,564)		(322)		(903)		(623)		(4,412)
Recoveries		669		78		80		60		887
Provision		5,144		2,700		1,960		1,219		11,023
Balance, end of period	$	5,714	$	2,632	$	1,193	$	680	$	10,219

Allowance And Recorded Investment By Covered Loan Portfolio

	June 30, 2012
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Allowance for covered loans and leases:
Loans acquired with deteriorated credit quality (1)	$	6,926	$	3,936	$	619	$	261	$	11,742
Collectively evaluated for impairment (2)		535		611		45		44		1,235
Total	$	7,461	$	4,547	$	664	$	305	$	12,977
Covered loans and leases:
Loans acquired with deteriorated credit quality (1)	$	449,784	$	34,690	$	51,243	$	4,104	$	539,821
Collectively evaluated for impairment (2)		2,905		16,658		4,886		2,670		27,119
Total	$	452,689	$	51,348	$	56,129	$	6,774	$	566,940

	June 30, 2011
	Commercial						Consumer
	Real Estate		Commercial		Residential		& Other		Total
Allowance for covered loans and leases:
Loans acquired with deteriorated credit quality (1)	$	5,303	$	2,019	$	1,163	$	657	$	9,142
Collectively evaluated for impairment (2)		411		613		30		23		1,077
Total	$	5,714	$	2,632	$	1,193	$	680	$	10,219
Covered loans and leases:
Loans acquired with deteriorated credit quality (1)	$	549,771	$	42,352		68,291	$	6,555	$	666,969
Collectively evaluated for impairment (2)		1,943		23,379		4,231		2,154		31,707
Total	$	551,714	$	65,731	$	72,522	$	8,709	$	698,676

(1) In accordance with ASC 310-30, the valuation allowance is netted against the carrying value of the covered loan and lease balance.

(2) The allowance on covered loan and lease losses includes an allowance on covered loan advances on acquired loans subsequent to acquisition.

Internal Risk Rating By Covered Loans Class

	June 30, 2012
			Special
	Pass/Watch		Mention		Substandard		Doubtful		Loss		Total
Commercial real estate
Term & multifamily	$	294,889	$	45,682	$	63,588	$	17,377	$	-	$	421,536
Construction & development		2,005		228		5,197		4,871		-		12,301
Residential development		152		406		8,834		1,999		-		11,391
Commercial
Term		12,645		1,715		10,702		2,075		-		27,137
LOC & other		14,950		8		4,295		411		-		19,664
Residential
Mortgage		30,073		-		-		-		-		30,073
Home equity loans & lines		25,249		-		143		-		-		25,392
Consumer & other		6,469		-		-		-		-		6,469
Total	$	386,432	$	48,039	$	92,759	$	26,733	$	-	$	553,963

	December 31, 2011
			Special
	Pass/Watch		Mention		Substandard		Doubtful		Loss		Total
Commercial real estate
Term & multifamily	$	329,273	$	58,610	$	68,521	$	12,343	$	-	$	468,747
Construction & development		1,552		1,410		6,733		3,410		-		13,105
Residential development		1,187		405		8,394		5,808		-		15,794
Commercial
Term		18,006		1,661		8,244		3,228		-		31,139
LOC & other		13,605		2,756		5,607		556		-		22,524
Residential
Mortgage		35,233		-		-		-		-		35,233
Home equity loans & lines		28,223		-		143		-		-		28,366
Consumer & other		7,543		-		-		-		-		7,543
Total	$	434,622	$	64,842	$	97,642	$	25,345	$	-	$	622,451

Summary Of Activity In Covered Other Real Estate Owned

	Three months ended				Six months ended
	June 30,				June 30,
	2012		2011		2012		2011
Balance, beginning of period	$	12,787	$	27,689	$	19,491	$	29,863
Additions to covered OREO		562		5,632		1,346		8,668
Dispositions of covered OREO		(3,718)		(2,503)		(8,300)		(6,457)
Valuation adjustments in the period		(440)		(665)		(3,346)		(1,921)
Balance, end of period	$	9,191	$	30,153	$	9,191	$	30,153

Summary Of Activity Related To The FDIC Indemnification Assset

(in thousands)
	Three months ended June 30, 2012
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	24,851	$	24,362	$	29,204	$	78,417
Change in FDIC indemnification asset		(2,251)		(2,272)		483		(4,040)
Transfers to due from FDIC and other		(299)		(1,519)		(3,754)		(5,572)
Balance, end of period	$	22,301	$	20,571	$	25,933	$	68,805

	Three months ended June 30, 2011
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	40,379	$	37,875	$	53,618	$	131,872
Change in FDIC indemnification asset		(2,895)		(811)		(1,845)		(5,551)
Transfers to due from FDIC and other		(1,366)		(1,065)		(6,962)		(9,393)
Balance, end of period	$	36,118	$	35,999	$	44,811	$	116,928

	Six months ended June 30, 2012
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	28,547	$	28,272	$	34,270	$	91,089
Change in FDIC indemnification asset		(4,098)		(2,917)		1,130		(5,885)
Transfers to due from FDIC and other		(2,148)		(4,784)		(9,467)		(16,399)
Balance, end of period	$	22,301	$	20,571	$	25,933	$	68,805

(in thousands)
	Six months ended June 30, 2011
	Evergreen		Rainier		Nevada Security		Total
Balance, beginning of period	$	40,606	$	43,726	$	62,081	$	146,413
Change in FDIC indemnification asset		1,850		(4,921)		425		(2,646)
Transfers to due from FDIC and other		(6,338)		(2,806)		(17,695)		(26,839)
Balance, end of period	$	36,118	$	35,999	$	44,811	$	116,928