ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

6 Months Ended

Jun. 30, 2011

Non Covered Loans

Changes in the allowance for loan and lease losses for the previous five quarters are presented in the table that follows:

	Three Months Ended															Six Months Ended
	2011						2010									June 30,
(Dollars in thousands)	June 30,			Mar. 31,			Dec. 31,			Sep. 30,			June 30,			2011			2010
Balance at beginning of period	$	53,645		$	57,235		$	57,249		$	57,811		$	56,642		$	57,235		$	59,311
Provision for loan losses		5,756			647			9,741			6,287			6,158			6,403			17,536
Loans charged off		(6,232	)		(4,601	)		(10,285	)		(8,124	)		(5,457	)		(10,833	)		(19,942	)
Recoveries		502			364			530			1,275			468			866			906
Balance at end of period	$	53,671		$	53,645		$	57,235		$	57,249		$	57,811		$	53,671		$	57,811
Allowance for loan and lease losses to total ending loans		1.92	%		1.93	%		2.03	%		2.07	%		2.07	%		1.92	%		2.07	%

Year-to-date changes in the allowance for loan and lease losses by loan category were as follows:

	Six Months Ended June 30, 2011
			Real Estate
(Dollars in thousands)	Commercial		Construction		Commercial		Residential			Installment			Home Equity		Other		Total
Allowance for loan and lease losses:
Balance at beginning of period	$	10,138	$	8,326	$	14,917	$	8,907		$	1,981		$	10,939	$	2,027	$	57,235
Provision for loan and lease losses		1,930		1,841		6,205		(4,356	)		(119	)		242		660		6,403
Gross charge-offs		815		2,403		4,880		514			249			1,185		787		10,833
Recoveries		322		27		73		38			180			37		189		866
Total net charge-offs		493		2,376		4,807		476			69			1,148		598		9,967
Ending allowance for loan and lease losses	$	11,575	$	7,791	$	16,315	$	4,075		$	1,793		$	10,033	$	2,089	$	53,671
Ending allowance on loans individually evaluated for impairment	$	1,528	$	4,387	$	4,021	$	93		$	0		$	2	$	0	$	10,031
Ending allowance on loans collectively evaluated for impairment		679		41		351		69			9			69		0		1,218
	$	2,207	$	4,428	$	4,372	$	162		$	9		$	71	$	0	$	11,249
Loans and Leases:
Ending balance of loans individually evaluated for impairment	$	7,423	$	19,377	$	28,537	$	2,088		$	113		$	101	$	0	$	57,639
Ending balance of loans collectively evaluated for impairment		2,395		169		3,502		4,564			335			2,375		0		13,340
	$	9,818	$	19,546	$	32,039	$	6,652		$	448		$	2,476	$	0	$	70,979

	Twelve Months Ended December 31, 2010
			Real Estate
(Dollars in thousands)	Commercial		Construction		Commercial		Residential		Installment		Home Equity		Other		Total
Allowance for loan and lease losses:
Balance at beginning of period	$	18,590	$	8,143	$	15,190	$	5,308	$	2,159	$	8,063	$	1,858	$	59,311
Provision for loan and lease losses		4,252		8,778		6,836		5,268		457		6,183		1,790		33,564
Gross charge-offs		13,324		8,619		8,191		1,693		1,154		3,499		1,871		38,351
Recoveries		620		24		1,082		24		519		192		250		2,711
Total net charge-offs		12,704		8,595		7,109		1,669		635		3,307		1,621		35,640
Ending allowance for loan and lease losses	$	10,138	$	8,326	$	14,917	$	8,907	$	1,981	$	10,939	$	2,027	$	57,235
Ending allowance on loans individually evaluated for impairment	$	2,017	$	3,716	$	4,347	$	122	$	0	$	0	$	0	$	10,202
Ending allowance on loans collectively evaluated for impairment		279		7		196		149		4		82		0		717
	$	2,296	$	3,723	$	4,543	$	271	$	4	$	82	$	0	$	10,919
Loans and Leases:
Ending balance of loans individually evaluated for impairment	$	12,175	$	19,294	$	31,260	$	1,912	$	0	$	0	$	0	$	64,641
Ending balance of loans collectively evaluated for impairment		1,554		38		2,864		4,607		150		2,553		0		11,766
	$	13,729	$	19,332	$	34,124	$	6,519	$	150	$	2,553	$	0	$	76,407

Covered Loans

Changes in the allowance for loan and lease losses on covered loans for the previous five quarters were as follows:

	Three Months Ended															Six Months Ended
	2011						2010									June 30,
(Dollars in thousands)	Jun. 30			Mar. 31			Dec. 31			Sep. 30			Jun. 30			2011			2010
Balance at beginning of period	$	31,555		$	16,493		$	11,583		$	1,273		$	0		$	16,493		$	0
Provision for loan and lease losses		23,895			26,016			13,997			20,725			18,962			49,911			28,422
Loans charged-off		(7,456	)		(14,026	)		(9,351	)		(10,492	)		(17,689	)		(21,482	)		(27,149	)
Recoveries		3,050			3,072			264			77			0			6,122			0
Balance at end of period	$	51,044		$	31,555		$	16,493		$	11,583		$	1,273		$	51,044		$	1,273

The allowance for loan and lease losses on covered loans is presented in the table below:

	June 30, 2011
			Real Estate
(Dollars in thousands)	Commercial		Commercial		Residential		Installment		Total
Ending allowance on loans acquired with deteriorated credit quality (ASC 310-30)	$	24,548	$	24,773	$	1,547	$	176	$	51,044
Ending allowance on acquired loans outside the scope of ASC 310-30		0		0		0		0		0
Ending allowance on covered loans	$	24,548	$	24,773	$	1,547	$	176	$	51,044

	December 31, 2010
			Real Estate
(Dollars in thousands)	Commercial		Commercial		Residential		Installment		Total
Ending allowance on loans acquired with deteriorated credit quality (ASC 310-30)	$	8,787	$	7,213	$	232	$	261	$	16,493
Ending allowance on acquired loans outside the scope of ASC 310-30		0		0		0		0		0
Ending allowance on covered loans	$	8,787	$	7,213	$	232	$	261	$	16,493