Basis of Presentation and Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Carrying Amount and Estimated Fair Value of Financial Instruments

The carrying amount and estimated fair value of the Company’s financial instruments, not shown elsewhere in these financial statements, were as follows:

			Fair Value Measurements at June 30, 2013  Using:
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Loans, net	$	1,975,127	$	—	$	1,512,681	$	488,271	$	2,000,952
Financial liabilities:
Deposits		2,443,103		—		2,444,263		—		2,444,263

			Fair Value Measurements at December 31, 2012 Using:
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Loans, net	$	1,934,754	$	—	$	1,406,366	$	560,226	$	1,966,592
Financial liabilities:
Deposits		2,624,663		—		2,624,883		—		2,624,883

			Fair Value Measurements at June 30, 2012  Using:
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(Dollars in Thousands)
Financial assets:
Loans, net	$	1,941,028	$	—	$	1,313,527	$	662,014	$	1,975,541
Financial liabilities:
Deposits		2,544,672		—		2,546,740		—		2,546,740
Other borrowings		3,810		3,835		—		—		3,835

Fair Value Measurements of Assets and Liabilities Measured on Recurring Basis

The following table presents the fair value measurements of assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall as of June 30, 2013, December 31, 2012 and June 30, 2012 (dollars in thousands):

	Fair Value Measurements on a Recurring Basis As of June 30, 2013
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. government agencies	$	14,335	$	—	$	14,335	$	—
State, county and municipal securities		112,759		2,447		110,312		—
Corporate debt securities		10,090		—		8,090		2,000
Mortgage-backed securities		178,984		—		178,984		—
Mortgage loans held for sale		62,580		—		62,580		—
Total recurring assets at fair value	$	378,748	$	2,447	$	374,301	$	2,000
Derivative financial instruments	$	916	$	—	$	916	$	—
Total recurring liabilities at fair value	$	916	$	—	$	916	$	—

	Fair Value Measurements on a Recurring Basis As of December 31, 2012
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. government agencies	$	6,870	$	—	$	6,870	$	—
State, county and municipal securities		114,390		4,854		109,536		—
Corporate debt securities		10,328		—		8,328		2,000
Mortgage-backed securities		215,321		23,893		191,428		—
Mortgage loans held for sale		48,786		—		48,786		—
Total recurring assets at fair value	$	395,695	$	28,747	$	364,948	$	2,000
Derivative financial instruments	$	2,978	$	—	$	2,978	$	—
Total recurring liabilities at fair value	$	2,978	$	—	$	2,978	$	—

	Fair Value Measurements on a Recurring Basis As of June 30, 2012
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. government agencies	$	8,898	$	—	$	8,898	$	—
State, county and municipal securities		100,327		5,432		94,895		—
Corporate debt securities		11,506		250		9,256		2,000
Mortgage-backed securities		246,249		5,086		241,163		—
Mortgage loans held for sale		19,659		—		19,659		—
Total recurring assets at fair value	$	386,639	$	10,768	$	373,871	$	2,000
Derivative financial instruments	$	2,970	$	—	$	2,970	$	—
Total recurring liabilities at fair value	$	2,970	$	—	$	2,970	$	—

Valuation Methodologies for Instruments Measured at Fair Value on Nonrecurring Basis

The following table is a presentation of the valuation methodologies used for instruments measured at fair value on a nonrecurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy as of June 30, 2013, December 31, 2012 and June 30, 2012 (dollars in thousands):

	Fair Value Measurements on a Nonrecurring Basis As of June 30, 2013
	Fair Value		Level 1		Level 2		Level 3
Impaired loans carried at fair value	$	44,754	$	—	$	—	$	44,754
Other real estate owned		39,885		—		—		39,885
Covered loans		443,517		—		—		443,517
Covered other real estate owned		62,178		—		—		62,178
Total non-recurring assets at fair value	$	590,334	$	—	$	—	$	590,334

	Fair Value Measurements on a Nonrecurring Basis As of December 31, 2012
	Fair Value		Level 1		Level 2		Level 3
Impaired loans carried at fair value	$	52,514	$	—	$	—	$	52,514
Other real estate owned		39,850		—		—		39,850
Covered loans		507,712		—		—		507,712
Covered other real estate owned		88,273		—		—		88,273
Total nonrecurring assets at fair value	$	688,349	$	—	$	—	$	688,349

	Fair Value Measurements on a Nonrecurring Basis As of June 30, 2012
	Fair Value		Level 1		Level 2		Level 3
Impaired loans carried at fair value	$	60,277	$	—	$	—	$	60,277
Other real estate owned		40,018		—		—		40,018
Covered loans		601,737		—		—		601,737
Covered other real estate owned		83,467		—		—		83,467
Total nonrecurring assets at fair value	$	785,499	$	—	$	—	$	785,499

Schedule of Company's Reconciliation of Level 3 Assets

Below is the Company’s reconciliation of Level 3 assets as of June 30, 2013.

	Investment Securities Available for Sale		Impaired Loans Carried at Fair Value			Other Real Estate Owned			Covered Loans			Covered Other Real Estate Owned
Beginning balance January 1, 2013	$	2,000	$	52,514		$	39,850		$	507,712		$	88,273
Total gains/(losses) included in net income		—		—			(409	)		—			(3,191	)
Purchases, sales, issuances, and settlements, net		—		(2,196	)		(5,120	)		(40,921	)		(46,178	)
Transfers in or out of Level 3		—		(5,564	)		5,564			(23,274	)		23,274
Ending balance June 30, 2013	$	2,000	$	44,754		$	39,885		$	443,517		$	62,178