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Allowance For Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2013
Loans and Leases Receivable, Allowance [Abstract]  
Activity In The Allowance For Loan Losses
The activity in the allowance for loan losses for the three months ended March 31, 2013 and March 31, 2012 is summarized below.
 
 
Three Months Ended
March 31, 2013
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
15,635

 
$
11,736

 
$
6,841

 
$
14,759

 
$
6,566

 
$
—

 
$
55,537

Charge-offs
2,708

 
334

 
1,518

 
674

 
1,274

 
—

 
6,508

Recoveries
189

 
40

 
1,427

 
3,498

 
803

 
—

 
5,957

Net charge-offs/(recoveries)
2,519

 
294

 
91

 
(2,824
)
 
471

 
—

 
551

Provision
2,301

 
(372
)
 
806

 
(2,949
)
 
543

 
—

 
329

Ending balance
$
15,417

 
$
11,070

 
$
7,556

 
$
14,634

 
$
6,638

 
$
—

 
$
55,315

 
 
Three Months Ended
March 31, 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
4,538

 
4,934

 
4,320

 
3,922

 
1,253

 
—

 
18,967

Recoveries
468

 
92

 
67

 
609

 
707

 
—

 
1,943

Net charge-offs
4,070

 
4,842

 
4,253

 
3,313

 
546

 
—

 
17,024

Provision
5,448

 
1,309

 
(433
)
 
1,489

 
525

 
—

 
8,338

Ending balance
$
18,328

 
$
12,006

 
$
9,747

 
$
13,868

 
$
5,809

 
$
—

 
$
59,758
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at March 31, 2013 and December 31, 2012 was as follows:
 
 
March 31, 2013
(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
$
3,519

 
$
648

 
$
2,939

 
$
1,154

 
$
—

 
$
—

 
$
8,260

Collectively evaluated for impairment
11,898

 
10,422

 
4,617

 
13,480

 
6,638

 
—

 
47,055

Total ending allowance balance
$
15,417

 
$
11,070

 
$
7,556

 
$
14,634

 
$
6,638

 
$
—

 
$
55,315

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
21,736

 
$
40,063

 
$
30,955

 
$
36,717

 
$
799

 
$
—

 
$
130,270

Loans collectively evaluated for impairment
774,713

 
1,068,852

 
129,496

 
1,679,874

 
656,898

 
3,420

 
4,313,253

Total ending loan balance
$
796,449

 
$
1,108,915

 
$
160,451

 
$
1,716,591

 
$
657,697

 
$
3,420

 
$
4,443,523

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
16.19
%
 
1.62
%
 
9.49
%
 
3.14
%
 
—
%
 
—
%
 
6.34
%
Loans collectively evaluated for impairment
1.54
%
 
0.98
%
 
3.57
%
 
0.80
%
 
1.01
%
 
—
%
 
1.09
%
Total ending loan balance
1.94
%
 
1.00
%
 
4.71
%
 
0.85
%
 
1.01
%
 
—
%
 
1.24
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
21,742

 
$
40,075

 
$
30,965

 
$
36,722

 
$
799

 
$
—

 
$
130,303

Loans collectively evaluated for impairment
778,138

 
1,072,924

 
129,902

 
1,683,785

 
659,541

 
3,471

 
4,327,761

Total ending loan balance
$
799,880

 
$
1,112,999

 
$
160,867

 
$
1,720,507

 
$
660,340

 
$
3,471

 
$
4,458,064

 
 
 
December 31, 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
 
$
3,180

 
$
1,540

 
$
2,277

 
$
1,279

 
$
—

 
$
—

 
$
8,276

Collectively evaluated for impairment
 
12,455

 
10,196

 
4,564

 
13,480

 
6,566

 
—

 
47,261

Total ending allowance balance
 
$
15,635

 
$
11,736

 
$
6,841

 
$
14,759

 
$
6,566

 
$
—

 
$
55,537

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
22,523

 
$
44,267

 
$
34,814

 
$
35,616

 
$
18

 
$
—

 
$
137,238

Loans collectively evaluated for impairment
 
801,404

 
1,047,897

 
130,714

 
1,678,029

 
651,912

 
3,128

 
4,313,084

Total ending loan balance
 
$
823,927

 
$
1,092,164

 
$
165,528

 
$
1,713,645

 
$
651,930

 
$
3,128

 
$
4,450,322

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
14.12
%
 
3.48
%
 
6.54
%
 
3.59
%
 
—
%
 
—
%
 
6.03
%
Loans collectively evaluated for impairment
 
1.55
%
 
0.97
%
 
3.49
%
 
0.80
%
 
1.01
%
 
—
%
 
1.10
%
Total ending loan balance
 
1.90
%
 
1.07
%
 
4.13
%
 
0.86
%
 
1.01
%
 
—
%
 
1.25
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
22,587

 
$
44,278

 
$
34,834

 
$
35,622

 
$
18

 
$
—

 
$
137,339

Loans collectively evaluated for impairment
 
804,316

 
1,051,725

 
131,176

 
1,681,449

 
654,747

 
3,157

 
4,326,570

Total ending loan balance
 
$
826,903

 
$
1,096,003

 
$
166,010

 
$
1,717,071

 
$
654,765

 
$
3,157

 
$
4,463,909