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ALLOWANCE FOR CREDIT LOSSES
 9 Months Ended
Sep. 30, 2012
ALLOWANCE FOR CREDIT LOSSES [Abstract]  
ALLOWANCE FOR CREDIT LOSSES
NOTE 3 – ALLOWANCE FOR CREDIT LOSSES
 
The following tables summarize the changes in the allowance for credit losses by segment and class for the periods indicated:
 
   
Nine months ended
September 30, 2012
 
   
Balance,
Beginning of
Period
  
Charge-offs
  
Recoveries
  
Provision
  
Balance,
End of
Period
 
   
(In thousands)
 
Commercial and industrial
 $20,724  $(10,188) $3,589  $7,580  $21,705 
Real estate
                    
Consumer mortgage
  36,529   (9,333)  1,017   3   28,216 
Home equity
  8,630   (1,657)  430   (1,482)  5,921 
Agricultural
  3,921   (784)  116   (599)  2,654 
Commercial and industrial-owner occupied
  21,929   (7,594)  2,135   2,849   19,319 
Construction, acquisition and development
  45,562   (27,799)  6,786   7,993   32,542 
Commercial real estate
  39,444   (8,702)  6,330   5,099   42,171 
Credit cards
  4,021   (1,690)  383   455   3,169 
All other
  14,358   (1,927)  789   102   13,322 
Total
 $195,118  $(69,674) $21,575  $22,000  $169,019 

 
   
Year ended
 
   
December 31, 2011
 
   
Balance,
Beginning of
Period
  
Charge-offs
  
Recoveries
  
Provision
  
Balance,
End of
Period
 
   
(In thousands)
 
Commercial and industrial
 $22,479  $(17,337) $1,567  $14,015  $20,724 
Real estate
                    
Consumer mortgage
  35,540   (10,186)  1,111   10,064   36,529 
Home equity
  7,305   (5,852)  185   6,992   8,630 
Agricultural
  4,997   (3,420)  123   2,221   3,921 
Commercial and industrial-owner occupied
  20,403   (10,302)  393   11,435   21,929 
Construction, acquisition and development
  59,048   (67,362)  3,951   49,925   45,562 
Commercial real estate
  33,439   (17,436)  1,045   22,396   39,444 
Credit cards
  4,126   (3,072)  803   2,164   4,021 
All other
  9,576   (7,088)  1,001   10,869   14,358 
Total
 $196,913  $(142,055) $10,179  $130,081  $195,118 

   
Nine months ended
 
   
September 30, 2011
 
   
Balance,
Beginning of
Period
  
Charge-offs
  
Recoveries
  
Provision
  
Balance,
End of
Period
 
   
(In thousands)
 
Commercial and industrial
 $22,479  $(15,660) $1,121  $12,084  $20,024 
Real estate
                    
Consumer mortgage
  35,540   (7,233)  848   10,346   39,501 
Home equity
  7,305   (4,185)  142   6,626   9,888 
Agricultural
  4,997   (3,310)  47   2,658   4,392 
Commercial and industrial-owner occupied
  20,403   (9,166)  293   9,940   21,470 
Construction, acquisition and development
  59,048   (56,823)  2,980   43,033   48,238 
Commercial real estate
  33,439   (10,578)  705   15,997   39,563 
Credit cards
  4,126   (2,366)  635   1,525   3,920 
All other
  9,576   (6,294)  786   8,622   12,690 
Total
 $196,913  $(115,615) $7,557  $110,831  $199,686 

The following tables provide the allowance for credit losses by segment, class and impairment status as of the dates indicated:
 
   
September 30, 2012
 
   
Recorded
Balance of
Impaired Loans
  
Allowance for
Impaired Loans
and Leases
  
Allowance for
All Other Loans
and Leases
  
Total
Allowance
 
   
(In thousands)
 
Commercial and industrial
 $6,219  $2,025  $19,680  $21,705 
Real estate
                
Consumer mortgage
  15,854   1,338   26,878   28,216 
Home equity
  1,638   363   5,558   5,921 
Agricultural
  5,562   331   2,323   2,654 
Commercial and industrial-owner occupied
  20,989   696   18,623   19,319 
Construction, acquisition and development
  87,753   10,179   22,363   32,542 
Commercial real estate
  37,202   3,213   38,958   42,171 
Credit cards
  -   -   3,169   3,169 
All other
  922   60   13,262   13,322 
Total
 $176,139  $18,205  $150,814  $169,019 

 
   
December 31, 2011
 
   
Recorded
Balance of
Impaired Loans
  
Allowance for
Impaired Loans
and Leases
  
Allowance for
All Other Loans
and Leases
  
Total
Allowance
 
   
(In thousands)
 
Commercial and industrial
 $7,833  $4,071  $16,653  $20,724 
Real estate
                
Consumer mortgage
  31,793   4,386   32,143   36,529 
Home equity
  675   48   8,582   8,630 
Agricultural
  3,096   380   3,541   3,921 
Commercial and industrial-owner occupied
  24,801   3,601   18,328   21,929 
Construction, acquisition and development
  128,179   21,581   23,981   45,562 
Commercial real estate
  36,122   5,324   34,120   39,444 
Credit cards
  -   -   4,021   4,021 
All other
  2,424   317   14,041   14,358 
Total
 $234,923  $39,708  $155,410  $195,118 

Management evaluates impaired loans individually in determining the adequacy of the allowance for impaired loans.