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Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2012 and September 30, 2011 is summarized below.
 
 
Three Months Ended
September 30, 2012
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
15,220

 
$
11,956

 
$
11,693

 
$
13,806

 
$
6,021

 
$
—

 
$
58,696

Charge-offs
16,515

 
953

 
2,969

 
1,159

 
1,282

 
—

 
22,878

Recoveries
215

 
164

 
690

 
1,421

 
602

 
—

 
3,092

Net Charge-offs
16,300

 
789

 
2,279

 
(262
)
 
680

 
—

 
19,786

Provision
14,746

 
(294
)
 
1,596

 
(179
)
 
786

 
—

 
16,655

Ending balance
$
13,666

 
$
10,873

 
$
11,010

 
$
13,889

 
$
6,127

 
$
—

 
$
55,565

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

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
16,950

 
$
15,539

 
$
14,433

 
$
15,692

 
$
5,830

 
$
—

 
$
68,444

Charge-offs
26,476

 
6,822

 
8,298

 
6,782

 
3,531

 
—

 
51,909

Recoveries
807

 
503

 
2,456

 
3,217

 
1,816

 
—

 
8,799

Net Charge-offs
25,669

 
6,319

 
5,842

 
3,565

 
1,715

 
—

 
43,110

Provision
22,385

 
1,653

 
2,419

 
1,762

 
2,012

 
—

 
30,231

Ending balance
$
13,666

 
$
10,873

 
$
11,010

 
$
13,889

 
$
6,127

 
$
—

 
$
55,565


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

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
16,709

 
$
23,307

 
$
40,113

 
$
32,297

 
$
7,744

 
$
4

 
$
120,174

Charge-offs
5,199

 
6,505

 
12,587

 
5,886

 
1,682

 
—

 
31,859

Recoveries
154

 
845

 
621

 
341

 
595

 
1

 
2,557

Net Charge-offs
5,045

 
5,660

 
11,966

 
5,545

 
1,087

 
(1
)
 
29,302

Provision
3,358

 
912

 
8,240

 
3,533

 
396

 
(1
)
 
16,438

Ending balance
$
15,022

 
$
18,559

 
$
36,387

 
$
30,285

 
$
7,053

 
$
4

 
$
107,310


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

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
11,555

 
$
24,369

 
$
70,462

 
$
30,259

 
$
6,925

 
$
5

 
$
143,575

Charge-offs
12,370

 
14,855

 
39,686

 
13,162

 
5,597

 
—

 
85,670

Recoveries
1,050

 
1,669

 
834

 
1,232

 
1,562

 
4

 
6,351

Net Charge-offs
11,320

 
13,186

 
38,852

 
11,930

 
4,035

 
(4
)
 
79,319

Provision
14,787

 
7,376

 
4,777

 
11,956

 
4,163

 
(5
)
 
43,054

Ending balance
$
15,022

 
$
18,559

 
$
36,387

 
$
30,285

 
$
7,053

 
$
4

 
$
107,310
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at September 30, 2012 and December 31, 2011 was as follows:
 
 
September 30, 2012
(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
$
2,005

 
$
1,134

 
$
3,334

 
$
1,106

 
$
—

 
$
—

 
$
7,579

Collectively evaluated for impairment
11,661

 
9,739

 
7,676

 
12,783

 
6,127

 
—

 
47,986

Total ending allowance balance
$
13,666

 
$
10,873

 
$
11,010

 
$
13,889

 
$
6,127

 
$
—

 
$
55,565

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
22,072

 
$
42,964

 
$
40,650

 
$
36,583

 
$
19

 
$
—

 
$
142,288

Loans collectively evaluated for impairment
750,701

 
1,038,641

 
148,429

 
1,670,420

 
646,593

 
3,438

 
4,258,222

Total ending loan balance
$
772,773

 
$
1,081,605

 
$
189,079

 
$
1,707,003

 
$
646,612

 
$
3,438

 
$
4,400,510

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
9.08
%
 
2.64
%
 
8.20
%
 
3.02
%
 
—
%
 
—
%
 
5.33
%
Loans collectively evaluated for impairment
1.55
%
 
0.94
%
 
5.17
%
 
0.77
%
 
0.95
%
 
—
%
 
1.13
%
Total ending loan balance
1.77
%
 
1.01
%
 
5.82
%
 
0.81
%
 
0.95
%
 
—
%
 
1.26
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
22,103

 
$
42,978

 
$
40,679

 
$
36,583

 
$
19

 
$
—

 
$
142,362

Loans collectively evaluated for impairment
754,054

 
1,042,996

 
148,895

 
1,674,518

 
649,344

 
3,486

 
4,273,293

Total ending loan balance
$
776,157

 
$
1,085,974

 
$
189,574

 
$
1,711,101

 
$
649,363

 
$
3,486

 
$
4,415,655

 
 
 
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