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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Interest income:              
Loans and leases $ 83,856us-gaap_InterestAndFeeIncomeLoansAndLeases $ 85,158us-gaap_InterestAndFeeIncomeLoansAndLeases $ 71,631us-gaap_InterestAndFeeIncomeLoansAndLeases $ 69,269us-gaap_InterestAndFeeIncomeLoansAndLeases $ 657,097us-gaap_InterestAndFeeIncomeLoansAndLeases $ 272,726us-gaap_InterestAndFeeIncomeLoansAndLeases $ 260,230us-gaap_InterestAndFeeIncomeLoansAndLeases
Investment securities         47,345us-gaap_InterestAndDividendIncomeSecurities 36,923us-gaap_InterestAndDividendIncomeSecurities 35,657us-gaap_InterestAndDividendIncomeSecurities
Deposits in financial institutions         333us-gaap_InterestIncomeDepositsWithFinancialInstitutions 265us-gaap_InterestIncomeDepositsWithFinancialInstitutions 228us-gaap_InterestIncomeDepositsWithFinancialInstitutions
Total interest income         704,775us-gaap_InterestAndDividendIncomeOperating 309,914us-gaap_InterestAndDividendIncomeOperating 296,115us-gaap_InterestAndDividendIncomeOperating
Interest expense:              
Deposits         27,332us-gaap_InterestExpenseDeposits 7,868us-gaap_InterestExpenseDeposits 13,271us-gaap_InterestExpenseDeposits
Borrowings         496us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 537us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 2,656us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
Subordinated debentures         14,570us-gaap_InterestExpenseSubordinatedNotesAndDebentures 3,796us-gaap_InterestExpenseSubordinatedNotesAndDebentures 3,721us-gaap_InterestExpenseSubordinatedNotesAndDebentures
Total interest expense 2,598us-gaap_InterestExpense 2,869us-gaap_InterestExpense 3,158us-gaap_InterestExpense 3,576us-gaap_InterestExpense 42,398us-gaap_InterestExpense 12,201us-gaap_InterestExpense 19,648us-gaap_InterestExpense
Net interest income 81,258us-gaap_InterestIncomeExpenseNet 82,289us-gaap_InterestIncomeExpenseNet 68,473us-gaap_InterestIncomeExpenseNet 65,693us-gaap_InterestIncomeExpenseNet 662,377us-gaap_InterestIncomeExpenseNet 297,713us-gaap_InterestIncomeExpenseNet 276,467us-gaap_InterestIncomeExpenseNet
Provision (negative provision) for credit losses (1,338)us-gaap_ProvisionForLoanLeaseAndOtherLosses (4,167)us-gaap_ProvisionForLoanLeaseAndOtherLosses (1,842)us-gaap_ProvisionForLoanLeaseAndOtherLosses 3,137us-gaap_ProvisionForLoanLeaseAndOtherLosses 11,499us-gaap_ProvisionForLoanLeaseAndOtherLosses (4,210)us-gaap_ProvisionForLoanLeaseAndOtherLosses (12,819)us-gaap_ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision (negative provision) for credit losses         650,878us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 301,923us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 289,286us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income:              
Service charges on deposit accounts         11,233us-gaap_FeesAndCommissionsDepositorAccounts 11,765us-gaap_FeesAndCommissionsDepositorAccounts 12,852us-gaap_FeesAndCommissionsDepositorAccounts
Other commissions and fees         18,602us-gaap_FeesAndCommissionsOther 8,416us-gaap_FeesAndCommissionsOther 8,126us-gaap_FeesAndCommissionsOther
Leased equipment income         16,669us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 0us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 0us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Gain on sale of loans and leases         601us-gaap_GainLossOnSaleOfLeasedAssetsNetOperatingLeases 1,791us-gaap_GainLossOnSaleOfLeasedAssetsNetOperatingLeases 2,767us-gaap_GainLossOnSaleOfLeasedAssetsNetOperatingLeases
Gain on securities (272)us-gaap_GainLossOnInvestments 5,222us-gaap_GainLossOnInvestments 0us-gaap_GainLossOnInvestments 409us-gaap_GainLossOnInvestments 4,841us-gaap_GainLossOnInvestments 5,359us-gaap_GainLossOnInvestments 1,239us-gaap_GainLossOnInvestments
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net         0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (1,115)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
FDIC loss sharing expense, net (10,593)pacw_FederalDepositInsuranceCorporationLossSharing (7,032)pacw_FederalDepositInsuranceCorporationLossSharing (5,410)pacw_FederalDepositInsuranceCorporationLossSharing (3,137)pacw_FederalDepositInsuranceCorporationLossSharing (31,730)pacw_FederalDepositInsuranceCorporationLossSharing (26,172)pacw_FederalDepositInsuranceCorporationLossSharing (10,070)pacw_FederalDepositInsuranceCorporationLossSharing
Other income         21,971us-gaap_NoninterestIncomeOtherOperatingIncome 3,085us-gaap_NoninterestIncomeOtherOperatingIncome 2,073us-gaap_NoninterestIncomeOtherOperatingIncome
Total noninterest income (3,926)us-gaap_NoninterestIncome 5,127us-gaap_NoninterestIncome 203us-gaap_NoninterestIncome 2,840us-gaap_NoninterestIncome 42,187us-gaap_NoninterestIncome 4,244us-gaap_NoninterestIncome 15,872us-gaap_NoninterestIncome
Noninterest expense:              
Compensation and benefits         165,499us-gaap_LaborAndRelatedExpense 107,067us-gaap_LaborAndRelatedExpense 94,967us-gaap_LaborAndRelatedExpense
Occupancy         40,606us-gaap_OccupancyNet 29,459us-gaap_OccupancyNet 28,113us-gaap_OccupancyNet
Data processing         14,618us-gaap_InformationTechnologyAndDataProcessing 9,494us-gaap_InformationTechnologyAndDataProcessing 9,120us-gaap_InformationTechnologyAndDataProcessing
Other professional services         11,234us-gaap_ProfessionalFees 6,754us-gaap_ProfessionalFees 5,903us-gaap_ProfessionalFees
Insurance and assessments         10,907us-gaap_FederalDepositInsuranceCorporationPremiumExpense 5,596us-gaap_FederalDepositInsuranceCorporationPremiumExpense 5,284us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Intangible asset amortization 16,673us-gaap_AmortizationOfIntangibleAssets 5,450us-gaap_AmortizationOfIntangibleAssets 17,997us-gaap_AmortizationOfIntangibleAssets 692us-gaap_AmortizationOfIntangibleAssets 6,268us-gaap_AmortizationOfIntangibleAssets 5,402us-gaap_AmortizationOfIntangibleAssets 6,326us-gaap_AmortizationOfIntangibleAssets
Leased equipment depreciation         9,159pacw_LeaseEquipmentDepreciation 0pacw_LeaseEquipmentDepreciation 0pacw_LeaseEquipmentDepreciation
Foreclosed assets expense (income), net (569)us-gaap_ForeclosedRealEstateExpense (420)us-gaap_ForeclosedRealEstateExpense (14)us-gaap_ForeclosedRealEstateExpense (500)us-gaap_ForeclosedRealEstateExpense 5,401us-gaap_ForeclosedRealEstateExpense (1,503)us-gaap_ForeclosedRealEstateExpense 10,931us-gaap_ForeclosedRealEstateExpense
Acquisition, integration and reorganization costs 49,984us-gaap_BusinessCombinationAcquisitionRelatedCosts 51,170us-gaap_BusinessCombinationAcquisitionRelatedCosts 46,233us-gaap_BusinessCombinationAcquisitionRelatedCosts 43,991us-gaap_BusinessCombinationAcquisitionRelatedCosts 101,016us-gaap_BusinessCombinationAcquisitionRelatedCosts 40,812us-gaap_BusinessCombinationAcquisitionRelatedCosts 4,089us-gaap_BusinessCombinationAcquisitionRelatedCosts
Debt termination         0us-gaap_GainLossOnContractTermination 0us-gaap_GainLossOnContractTermination 22,598us-gaap_GainLossOnContractTermination
Other expense         44,036us-gaap_OtherNoninterestExpense 27,606us-gaap_OtherNoninterestExpense 24,331us-gaap_OtherNoninterestExpense
Total noninterest expense         408,744us-gaap_NoninterestExpense 230,687us-gaap_NoninterestExpense 211,662us-gaap_NoninterestExpense
Earnings from continuing operations before taxes 12,582us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 35,383us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 6,302us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 21,213us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 284,321us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 75,480us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 93,496us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (9,135)us-gaap_IncomeTaxExpenseBenefit (11,243)us-gaap_IncomeTaxExpenseBenefit (1,906)us-gaap_IncomeTaxExpenseBenefit (7,719)us-gaap_IncomeTaxExpenseBenefit (113,853)us-gaap_IncomeTaxExpenseBenefit (30,003)us-gaap_IncomeTaxExpenseBenefit (36,695)us-gaap_IncomeTaxExpenseBenefit
Net earnings from continuing operations         170,468us-gaap_IncomeLossFromContinuingOperations 45,477us-gaap_IncomeLossFromContinuingOperations 56,801us-gaap_IncomeLossFromContinuingOperations
Loss from discontinued operations before taxes (578)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax 39us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (81)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (2,677)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax (620)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
Income tax benefit 240us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation (16)us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 34us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 0us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 1,114us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 258us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation 0us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation
Net loss from discontinued operations (338)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 23us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (47)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (1,563)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (362)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Net earnings $ 3,109us-gaap_NetIncomeLoss $ 24,163us-gaap_NetIncomeLoss $ 4,349us-gaap_NetIncomeLoss $ 13,494us-gaap_NetIncomeLoss $ 168,905us-gaap_NetIncomeLoss $ 45,115us-gaap_NetIncomeLoss $ 56,801us-gaap_NetIncomeLoss
Net earnings from continuing operations (usd per share) $ 70us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 530.00us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 110.00us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 370.00us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.94us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.09us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.54us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Basic income per share (usd per share) $ 60us-gaap_EarningsPerShareBasic $ 530.00us-gaap_EarningsPerShareBasic $ 110.00us-gaap_EarningsPerShareBasic $ 370.00us-gaap_EarningsPerShareBasic $ 1.92us-gaap_EarningsPerShareBasic $ 1.08us-gaap_EarningsPerShareBasic $ 1.54us-gaap_EarningsPerShareBasic
Net earnings from continuing operations (usd per share) $ 70us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 530.00us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 110.00us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 370.00us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.94us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.09us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.54us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Diluted income per share (usd per share) $ 60us-gaap_EarningsPerShareDiluted $ 530.00us-gaap_EarningsPerShareDiluted $ 110.00us-gaap_EarningsPerShareDiluted $ 370.00us-gaap_EarningsPerShareDiluted $ 1.92us-gaap_EarningsPerShareDiluted $ 1.08us-gaap_EarningsPerShareDiluted $ 1.54us-gaap_EarningsPerShareDiluted
Dividends declared per share (usd per share)         $ 1.25us-gaap_CommonStockDividendsPerShareDeclared $ 1.00us-gaap_CommonStockDividendsPerShareDeclared $ 0.79us-gaap_CommonStockDividendsPerShareDeclared