Fair Value Information (Tables)

12 Months Ended

Dec. 31, 2011

Fair Value Information [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

(Amounts in thousands)	Carrying Value at December 31, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Description of Assets
Residential mortgage-backed securities	$	888,000	$	—	$	888,000	$	—
CMO’s / REMIC’s—Residential		604,508		—		604,508		—
Government agency		46,507		—		46,507		—
Municipal bonds		652,037		—		652,037		—
Other securities		10,474				10,474
Investment Securities-AFS		2,201,526		—		2,201,526		—
Interest Rate Swaps		20,497		—		20,497		—
Total Assets	$	2,222,023	$	—	$	2,222,023	$	—
Description of Liability
Interest Rate Swaps	$	20,497	$	—	$	20,497	$	—
(Amounts in thousands)	Carrying Value at December 31, 2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Description of Assets
Residential mortgage-backed securities	$	808,409	$	—	$	808,409	$	—
CMO’s / REMIC’s—Residential		270,477		—		270,477		—
Government agency		106,273		—		106,273		—
Municipal bonds		606,399		—		606,399		—
Investment Securities-AFS		1,791,558		—		1,791,558		—
Interest Rate Swaps		9,127		—		9,127		—
Total Assets	$	1,800,685	$	—	$	1,800,685	$	—
Description of Liability
Interest Rate Swaps	$	9,127	$	—	$	9,127	$	—

Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis

(Dollars in thousands)	Carrying Value at December 31, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		For the year ended  December 31, 2011 Total Losses
Description of Assets
Investment Security-HTM	$	2,383	$	—	$	—	$	2,383	$	(656	)
Covered loans held-for-sale		1,404						1,404		(250	)
Impaired Loans-Noncovered		30,014		—		—		30,014		(6,707	)
OREO-Noncovered		4,866		—		—		4,866		(523	)
OREO-Covered		2,541		—		—		2,541		(2,192	)
Assets & Liabilities Measured at Fair Value on a Non-Recurring Basis
(Dollars in thousands)	Carrying Value at December 31, 2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		For the year ended December 31, 2010 Total Losses
Description of Assets
Investment Security-HTM	$	3,143	$	—	$	—	$	3,143	$	(904	)
Non-covered loans held-for-sale		1,656		—		—		1,656		(865	)
Impaired Loans-Noncovered		89,676		—		—		89,676		(50,482	)
OREO-Noncovered		2,462		—		—		2,462		(1,283	)
OREO-Covered		2,577		—		—		2,577		(1,917	)

Estimated Fair Value of Financial Instruments

	December 31, 2011				December 31, 2010
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
			(Dollars in thousands)
Assets
Total cash and cash equivalents	$	345,343	$	345,343	$	404,275	$	404,275
Interest-bearing balances due from depository institutions		60,000		60,000		50,190		50,190
FHLB Stock		72,689		72,689		86,744		86,744
Investment securities available-for-sale		2,201,526		2,201,526		1,791,558		1,791,558
Investment securities held-to-maturity		2,383		2,383		3,143		3,143
Non-covered loans held-for-sale		348		348		2,954		2,954
Covered loans held-for-sale		5,664		5,664		—		—
Total Loans, net of allowance for credit losses		3,382,632		3,534,960		3,642,481		3,729,296
Accrued interest receivable		23,512		23,512		23,647		23,647
Swaps		20,497		20,497		9,127		9,127
Liabilities
Deposits:
Noninterest-bearing	$	2,027,876	$	2,027,876	$	1,701,523	$	1,701,523
Interest-bearing		2,576,672		2,577,825		2,817,305		2,818,390
Demand note to U.S. Treasury		—		—		1,917		1,917
Borrowings		958,032		1,012,211		1,095,578		1,128,562
Junior subordinated debentures		115,055		115,854		115,055		115,823
Accrued interest payable		3,526		3,526		4,985		4,985
Swaps		20,497		20,497		9,127		9,127