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ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)
 12 Months Ended
Dec. 31, 2012
Changes in the Allowance for Loan and Lease Losses for the Previous Five Quarters

Changes in the allowance for loan and lease losses for the three years ended December 31 were as follows:
(Dollars in thousands)
 
 
2012
 
2011
 
2010
Balance at beginning of year
 
 
$
52,576

 
$
57,235

 
$
59,311

Provision for loan losses
 
 
19,117

 
19,210

 
33,564

Loans charged-off
 
 
(25,312
)
 
(25,798
)
 
(38,351
)
Recoveries
 
 
1,396

 
1,929

 
2,711

Balance at end of year
 
 
$
47,777

 
$
52,576

 
$
57,235
Allowance for Loan and Lease Losses by Classification
Changes in the allowance for loan and lease losses by loan category as of December 31 were as follows:
  
 
2012
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Commercial
 
Construction
 
Commercial
 
Residential
 
Installment
 
Home Equity
 
Other
 
Total
Allowance for loan and lease losses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of year
 
$
10,289

 
$
4,424

 
$
18,228

 
$
4,994

 
$
1,659

 
$
10,751

 
$
2,231

 
$
52,576

Provision for loan and lease losses
 
1,556

 
1,528

 
16,670

 
346

 
(883
)
 
(2,032
)
 
1,932

 
19,117

Gross charge-offs
 
4,312

 
2,684

 
11,012

 
1,814

 
577

 
3,661

 
1,252

 
25,312

Recoveries
 
393

 
0

 
265

 
73

 
323

 
115

 
227

 
1,396

Total net charge-offs
 
3,919

 
2,684

 
10,747

 
1,741

 
254

 
3,546

 
1,025

 
23,916

Ending allowance for loan and lease losses
 
$
7,926

 
$
3,268

 
$
24,151

 
$
3,599

 
$
522

 
$
5,173

 
$
3,138

 
$
47,777

Ending allowance on loans individually evaluated for impairment
 
$
1,151

 
$
838

 
$
7,155

 
$
290

 
$
0

 
$
2

 
$
92

 
$
9,528

Ending allowance on loans collectively evaluated for impairment
 
6,775

 
2,430

 
16,996

 
3,309

 
522

 
5,171

 
3,046

 
38,249

Ending allowance for loan and lease losses
 
$
7,926

 
$
3,268

 
$
24,151

 
$
3,599

 
$
522

 
$
5,173

 
$
3,138

 
$
47,777

Loans and Leases
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance of loans individually evaluated for impairment
 
$
16,661

 
$
2,076

 
$
35,422

 
$
2,604

 
$
0

 
$
101

 
$
496

 
$
57,360

Ending balance of loans collectively evaluated for impairment
 
844,372

 
71,441

 
1,381,586

 
315,606

 
56,810

 
367,399

 
84,490

 
3,121,704

Total loans, excluding covered loans
 
$
861,033

 
$
73,517

 
$
1,417,008

 
$
318,210

 
$
56,810

 
$
367,500

 
$
84,986

 
$
3,179,064


 
 
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 year
 
$
10,138

 
$
8,326

 
$
14,917

 
$
8,907

 
$
1,981

 
$
10,939

 
$
2,027

 
$
57,235

Provision for loan and lease losses
 
2,825

 
2,345

 
13,384

 
(2,407
)
 
(159
)
 
1,878

 
1,344

 
19,210

Gross charge-offs
 
3,436

 
6,279

 
10,382

 
1,551

 
526

 
2,183

 
1,441

 
25,798

Recoveries
 
762

 
32

 
309

 
45

 
363

 
117

 
301

 
1,929

Total net charge-offs
 
2,674

 
6,247

 
10,073

 
1,506

 
163

 
2,066

 
1,140

 
23,869

Ending allowance for loan and lease losses
 
$
10,289

 
$
4,424

 
$
18,228

 
$
4,994

 
$
1,659

 
$
10,751

 
$
2,231

 
$
52,576

Ending allowance on loans individually evaluated for impairment
 
$
3,205

 
$
2,578

 
$
6,441

 
$
313

 
$
0

 
$
2

 
$
0

 
$
12,539

Ending allowance on loans collectively evaluated for impairment
 
7,084

 
1,846

 
11,787

 
4,681

 
1,659

 
10,749

 
2,231

 
40,037

Ending allowance for loan and lease losses
 
$
10,289

 
$
4,424

 
$
18,228

 
$
4,994

 
$
1,659

 
$
10,751

 
$
2,231

 
$
52,576

Loans and Leases
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance of loans individually evaluated for impairment
 
$
8,351

 
$
17,387

 
$
30,708

 
$
3,730

 
$
0

 
$
101

 
$
0

 
$
60,277

Ending balance of loans collectively evaluated for impairment
 
848,630

 
97,587

 
1,202,359

 
284,250

 
67,543

 
358,859

 
48,942

 
2,908,170

Total loans, excluding covered loans
 
$
856,981

 
$
114,974

 
$
1,233,067

 
$
287,980

 
$
67,543

 
$
358,960

 
$
48,942

 
$
2,968,447



 
 
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 year
 
$
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

 
$
336

 
$
0

 
$
0

 
$
0

 
$
10,416

Ending allowance on loans collectively evaluated for impairment
 
8,121

 
4,610

 
10,570

 
8,571

 
1,981

 
10,939

 
2,027

 
46,819

Ending allowance for loan and lease losses
 
$
10,138

 
$
8,326

 
$
14,917

 
$
8,907

 
$
1,981

 
$
10,939

 
$
2,027

 
$
57,235

Loans and Leases
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance of loans individually evaluated for impairment
 
$
12,175

 
$
19,294

 
$
31,260

 
$
5,420

 
$
0

 
$
0

 
$
0

 
$
68,149

Ending balance of loans collectively evaluated for impairment
 
788,078

 
144,249

 
1,108,671

 
263,753

 
69,711

 
341,310

 
32,172

 
2,747,944

Total loans, excluding covered loans
 
$
800,253

 
$
163,543

 
$
1,139,931

 
$
269,173

 
$
69,711

 
$
341,310

 
$
32,172

 
$
2,816,093
Covered Loans
  
Changes in the Allowance for Loan and Lease Losses for the Previous Five Quarters
The allowance for loan and lease losses on covered loans is presented in the tables below:
 
 
December 31, 2012
 
 
 
 
Real Estate
 
 
 
 
(Dollars in thousands)
 
Commercial
 
Commercial
 
Residential
 
Installment
 
Total
Ending allowance on loans acquired with deteriorated credit quality (ASC 310-30)
 
$
19,136

 
$
22,918

 
$
2,599

 
$
537

 
$
45,190

Ending allowance on acquired loans outside the scope of ASC 310-30
 
0

 
0

 
0

 
0

 
0

Ending allowance on covered loans
 
$
19,136

 
$
22,918

 
$
2,599

 
$
537

 
$
45,190


 
 
December 31, 2011
 
 
 
 
Real Estate
 
 
 
 
(Dollars in thousands)
 
Commercial
 
Commercial
 
Residential
 
Installment
 
Total
Ending allowance on loans acquired with deteriorated credit quality (ASC 310-30)
 
$
19,160

 
$
21,930

 
$
1,396

 
$
349

 
$
42,835

Ending allowance on acquired loans outside the scope of ASC 310-30
 
0

 
0

 
0

 
0

 
0

Ending allowance on covered loans
 
$
19,160

 
$
21,930

 
$
1,396

 
$
349

 
$
42,835
Allowance for Loan and Lease Losses by Classification
Changes in the allowance for loan and lease losses on covered loans for the three years ended December 31 were as follows:
(Dollars in thousands)
 
2012
 
2011
 
2010
Balance at beginning of year
 
$
42,835

 
$
16,493

 
$
0

Provision for loan and lease losses
 
30,903

 
64,081

 
63,144

Loans charged-off
 
(33,907
)
 
(45,604
)
 
(46,992
)
Recoveries
 
5,359

 
7,865

 
341

Balance at end of year
 
$
45,190

 
$
42,835

 
$
16,493