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Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2013 and September 30, 2012 is summarized below.
 
 
Three Months Ended
September 30, 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
$
15,391

 
$
11,025

 
$
7,132

 
$
14,647

 
$
6,916

 
$
—

 
$
55,111

Charge-offs
3,297

 
457

 
100

 
725

 
709

 
—

 
5,288

Recoveries
216

 
358

 
4,026

 
620

 
353

 
—

 
5,573

Net charge-offs/(recoveries)
3,081

 
99

 
(3,926
)
 
105

 
356

 
—

 
(285
)
Provision / (releases)
1,741

 
4,611

 
(4,704
)
 
(942
)
 
1,792

 
—

 
2,498

Ending balance
$
14,051

 
$
15,537

 
$
6,354

 
$
13,600

 
$
8,352

 
$
—

 
$
57,894

 
 
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 / (recoveries)
16,300

 
789

 
2,279

 
(262
)
 
680

 
—

 
19,786

Provision / (releases)
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, 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
6,781

 
1,533

 
1,771

 
2,047

 
3,503

 
—

 
15,635

Recoveries
1,133

 
620

 
5,874

 
5,260

 
1,604

 
1

 
14,492

Net charge-offs/(recoveries)
5,648

 
913

 
(4,103
)
 
(3,213
)
 
1,899

 
(1
)
 
1,143

Provision / (releases)
4,064

 
4,714

 
(4,590
)
 
(4,372
)
 
3,685

 
(1
)
 
3,500

Ending balance
$
14,051

 
$
15,537

 
$
6,354

 
$
13,600

 
$
8,352

 
$
—

 
$
57,894

 
 
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
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at September 30, 2013 and December 31, 2012 was as follows:
 
 
September 30, 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
$
1,728

 
$
5,906

 
$
1,221

 
$
442

 
$
—

 
$
—

 
$
9,297

Collectively evaluated for impairment
12,323

 
9,631

 
5,133

 
13,158

 
8,352

 
—

 
48,597

Total ending allowance balance
$
14,051

 
$
15,537

 
$
6,354

 
$
13,600

 
$
8,352

 
$
—

 
$
57,894

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
19,861

 
$
41,003

 
$
22,088

 
$
34,474

 
$
799

 
$
—

 
$
118,225

Loans collectively evaluated for impairment
787,003

 
1,074,223

 
124,329

 
1,751,472

 
714,964

 
3,321

 
4,455,312

Total ending loan balance
$
806,864

 
$
1,115,226

 
$
146,417

 
$
1,785,946

 
$
715,763

 
$
3,321

 
$
4,573,537

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
8.70
%
 
14.40
%
 
5.53
%
 
1.28
%
 
—

 
—

 
7.86
%
Loans collectively evaluated for impairment
1.57
%
 
0.90
%
 
4.13
%
 
0.75
%
 
1.17
%
 
—

 
1.09
%
Total ending loan balance
1.74
%
 
1.39
%
 
4.34
%
 
0.76
%
 
1.17
%
 
—

 
1.27
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
19,871

 
$
41,009

 
$
22,095

 
$
34,477

 
$
799

 
$
—

 
$
118,251

Loans collectively evaluated for impairment
790,229

 
1,078,105

 
124,694

 
1,755,118

 
717,528

 
3,370

 
4,469,044

Total ending recorded investment
$
810,100

 
$
1,119,114

 
$
146,789

 
$
1,789,595

 
$
718,327

 
$
3,370

 
$
4,587,295

 
 
 
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 recorded investment
 
$
826,903

 
$
1,096,003

 
$
166,010

 
$
1,717,071

 
$
654,765

 
$
3,157

 
$
4,463,909