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Allowance For Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2012
Loans and Leases Receivable, Allowance [Abstract]  
Activity In The Allowance For Loan Losses
The activity in the allowance for loan losses for the three and six months ended June 30, 2012 and June 30, 2011 is summarized below.
 
 
Three Months Ended
June 30, 2012
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
18,328

 
$
12,006

 
$
9,747

 
$
13,868

 
$
5,809

 
$
—

 
$
59,758

Charge-offs
5,423

 
935

 
1,009

 
1,701

 
996

 
—

 
10,064

Recoveries
124

 
247

 
1,699

 
1,187

 
507

 
—

 
3,764

Net Charge-offs
5,299

 
688

 
(690
)
 
514

 
489

 
—

 
6,300

Provision
2,191

 
638

 
1,256

 
452

 
701

 
—

 
5,238

Ending balance
$
15,220

 
$
11,956

 
$
11,693

 
$
13,806

 
$
6,021

 
$
—

 
$
58,696

 
 
 
Six Months Ended
June 30, 2012
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
16,950

 
$
15,539

 
$
14,433

 
$
15,692

 
$
5,830

 
$
—

 
$
68,444

Charge-offs
9,961

 
5,869

 
5,329

 
5,623

 
2,249

 
—

 
29,031

Recoveries
592

 
339

 
1,766

 
1,796

 
1,214

 
—

 
5,707

Net Charge-offs
9,369

 
5,530

 
3,563

 
3,827

 
1,035

 
—

 
23,324

Provision
7,639

 
1,947

 
823

 
1,941

 
1,226

 
—

 
13,576

Ending balance
$
15,220

 
$
11,956

 
$
11,693

 
$
13,806

 
$
6,021

 
$
—

 
$
58,696


 
Three Months Ended
June 30, 2011
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
(In thousands)
 
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
11,791

 
$
25,220

 
$
71,835

 
$
32,415

 
$
7,265

 
$
4

 
$
148,530

Charge-offs
5,330

 
6,565

 
23,679

 
4,789

 
1,942

 
—

 
42,305

Recoveries
327

 
22

 
117

 
390

 
577

 
—

 
1,433

Net Charge-offs
5,003

 
6,543

 
23,562

 
4,399

 
1,365

 
—

 
40,872

Provision
9,921

 
4,630

 
(8,160
)
 
4,281

 
1,844

 
—

 
12,516

Ending balance
$
16,709

 
$
23,307

 
$
40,113

 
$
32,297

 
$
7,744

 
$
4

 
$
120,174


 
Six Months Ended
June 30, 2011
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
(In thousands)
 
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
11,555

 
$
24,369

 
$
70,462

 
$
30,259

 
$
6,925

 
$
5

 
$
143,575

Charge-offs
7,171

 
8,350

 
27,099

 
7,276

 
3,915

 
—

 
53,811

Recoveries
896

 
824

 
213

 
891

 
967

 
3

 
3,794

Net Charge-offs
6,275

 
7,526

 
26,886

 
6,385

 
2,948

 
(3
)
 
50,017

Provision
11,429

 
6,464

 
(3,463
)
 
8,423

 
3,767

 
(4
)
 
26,616

Ending balance
$
16,709

 
$
23,307

 
$
40,113

 
$
32,297

 
$
7,744

 
$
4

 
$
120,174
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at June 30, 2012 and December 31, 2011 was as follows:
 

 
June 30, 2012
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
(In thousands)
 
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
4,793

 
$
1,354

 
$
3,926

 
$
873

 
$
—

 
$
—

 
$
10,946

Collectively evaluated for impairment
10,427

 
10,602

 
7,767

 
12,933

 
6,021

 
—

 
47,750

Total ending allowance balance
$
15,220

 
$
11,956

 
$
11,693

 
$
13,806

 
$
6,021

 
$
—

 
$
58,696

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
41,496

 
$
44,020

 
$
46,791

 
$
37,277

 
$
19

 
$
—

 
$
169,603

Loans collectively evaluated for impairment
730,206

 
1,049,728

 
149,926

 
1,660,579

 
623,269

 
3,540

 
4,217,248

Total ending loan balance
$
771,702

 
$
1,093,748

 
$
196,717

 
$
1,697,856

 
$
623,288

 
$
3,540

 
$
4,386,851

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
11.55
%
 
3.08
%
 
8.39
%
 
2.34
%
 
—
%
 
—
%
 
6.45
%
Loans collectively evaluated for impairment
1.43
%
 
1.01
%
 
5.18
%
 
0.78
%
 
0.97
%
 
—
%
 
1.13
%
Total ending loan balance
1.97
%
 
1.09
%
 
5.94
%
 
0.81
%
 
0.97
%
 
—
%
 
1.34
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
41,591

 
$
43,969

 
$
46,834

 
$
37,277

 
$
19

 
$
—

 
$
169,690

Loans collectively evaluated for impairment
733,589

 
1,053,619

 
150,401

 
1,664,102

 
625,973

 
3,569

 
4,231,253

Total ending loan balance
$
775,180

 
$
1,097,588

 
$
197,235

 
$
1,701,379

 
$
625,992

 
$
3,569

 
$
4,400,943

 
 
 
December 31, 2011
(In thousands)
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
5,819

 
$
4,431

 
$
3,414

 
$
2,271

 
$
—

 
$
—

 
$
15,935

Collectively evaluated for impairment
 
11,131

 
11,108

 
11,019

 
13,421

 
5,830

 
—

 
52,509

Total ending allowance balance
 
$
16,950

 
$
15,539

 
$
14,433

 
$
15,692

 
$
5,830

 
$
—

 
$
68,444

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
40,621

 
$
51,978

 
$
50,240

 
$
44,276

 
$
20

 
$
—

 
$
187,135

Loans collectively evaluated for impairment
 
703,176

 
1,056,596

 
167,306

 
1,584,342

 
616,485

 
2,059

 
4,129,964

Total ending loan balance
 
$
743,797

 
$
1,108,574

 
$
217,546

 
$
1,628,618

 
$
616,505

 
$
2,059

 
$
4,317,099

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
14.33
%
 
8.52
%
 
6.80
%
 
5.13
%
 
—
%
 
—
%
 
8.52
%
Loans collectively evaluated for impairment
 
1.58
%
 
1.05
%
 
6.59
%
 
0.85
%
 
0.95
%
 
—
%
 
1.27
%
Total ending loan balance
 
2.28
%
 
1.40
%
 
6.63
%
 
0.96
%
 
0.95
%
 
—
%
 
1.59
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
40,621

 
$
51,978

 
$
50,240

 
$
44,276

 
$
20

 
$
—

 
$
187,135

Loans collectively evaluated for impairment
 
706,297

 
1,060,831

 
167,856

 
1,588,147

 
619,415

 
2,102

 
4,144,648

Total ending loan balance
 
$
746,918

 
$
1,112,809

 
$
218,096

 
$
1,632,423

 
$
619,435

 
$
2,102

 
$
4,331,783