10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2013

Or

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission File Number: 0-17089

BOSTON PRIVATE FINANCIAL HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Commonwealth of Massachusetts	04-2976299
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification Number)
Ten Post Office Square Boston, Massachusetts	02109
(Address of principal executive offices)	(Zip Code)
Registrant’s telephone number, including area code: (888) 666-1363

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes  x     No  o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One)

Large accelerated filer o		Accelerated filer x
Non-accelerated filer o	(Do not check if a smaller reporting company)	Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)  Yes o No x

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock as of November 1, 2013:

Common Stock, Par Value $1.00 Per Share	79,823,366
(class)	(outstanding)

BOSTON PRIVATE FINANCIAL HOLDINGS, INC.

FORM 10-Q

TABLE OF CONTENTS

PART I—FINANCIAL INFORMATION
Item 1	Financial Statements (Unaudited)	1
	Consolidated Balance Sheets	1
	Consolidated Statements of Operations	2
	Consolidated Statements of Comprehensive Income	4
	Consolidated Statements of Changes in Shareholders’ Equity	5
	Consolidated Statements of Cash Flows	6
	Notes to Unaudited Consolidated Financial Statements	8
Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	44
	Executive Summary	45
	Critical Accounting Policies	46
	Financial Condition	47
	Condensed Consolidated Balance Sheets and Discussion	47
	Loan Portfolio and Credit Quality	50
	Liquidity	55
	Capital Resources	57
	Results of Operations	58
	Recent Accounting Pronouncements	65
Item 3	Quantitative and Qualitative Disclosures about Market Risk	66
Item 4	Controls and Procedures	66
PART II—OTHER INFORMATION
Item 1	Legal Proceedings	67
Item 1A	Risk Factors	67
Item 2	Unregistered Sales of Equity Securities and Use of Proceeds	67
Item 3	Defaults upon Senior Securities	67
Item 4	Mine Safety Disclosures	67
Item 5	Other Information	67
Item 6	Exhibits	68
	Signature Page	69
	Certifications

i

PART I. FINANCIAL INFORMATION, ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (Unaudited)

	September 30, 2013			December 31, 2012
	(In thousands, except share and per share data)
Assets:
Cash and cash equivalents	$	323,941		$	308,744
Investment securities available for sale (amortized cost of $704,968 and $690,556 at September 30, 2013 and December 31, 2012, respectively)	702,944			699,300
Loans held for sale	1,745			308,390
Total loans	4,922,222			4,814,136
Less: Allowance for loan losses	77,177			84,057
Net loans	4,845,045			4,730,079
Other real estate owned (“OREO”)	776			3,616
Stock in Federal Home Loan Banks	39,715			41,981
Premises and equipment, net	29,319			27,081
Goodwill	110,180			110,180
Intangible assets, net	21,656			24,874
Fees receivable	10,653			8,836
Accrued interest receivable	13,442			14,723
Deferred income taxes, net	60,853			62,245
Other assets	114,670			124,956
Total assets	$	6,274,939		$	6,465,005
Liabilities:
Deposits	$	4,942,765		$	4,885,059
Deposits held for sale	—			194,084
Securities sold under agreements to repurchase	92,499			116,319
Federal Home Loan Bank borrowings	391,466			408,121
Junior subordinated debentures	110,487			143,647
Other liabilities	97,461			95,386
Total liabilities	5,634,678			5,842,616
Redeemable Noncontrolling Interests	17,224			19,287
Shareholders’ Equity:
Preferred stock, $1.00 par value; authorized: 2,000,000 shares	47,753			58,089
Common stock, $1.00 par value; authorized: 170,000,000 shares; issued and outstanding: 79,821,898 shares at September 30, 2013 and 78,743,518 shares at December 31, 2012	79,822			78,744
Additional paid-in capital	623,485			640,891
Accumulated deficit	(123,879		)	(176,746		)
Accumulated other comprehensive income/ (loss)	(4,283		)	2,124
Total Company’s shareholders’ equity	622,898			603,102
Noncontrolling interests	139			—
Total shareholders’ equity	623,037			603,102
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$	6,274,939		$	6,465,005

See accompanying notes to consolidated financial statements.

1

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands, except share and per share data)
Interest and dividend income:
Loans	$	46,484		$	52,533		$	144,173		$	157,882
Taxable investment securities	548			890			1,555			3,225
Non-taxable investment securities	746			782			2,363			2,382
Mortgage-backed securities	1,338			1,537			4,080			4,743
Federal funds sold and other	273			290			624			511
Total interest and dividend income	49,389			56,032			152,795			168,743
Interest expense:
Deposits	3,206			4,206			10,112			13,544
Federal Home Loan Bank borrowings	2,750			3,501			8,399			11,193
Junior subordinated debentures	1,119			1,507			3,429			4,950
Repurchase agreements and other short-term borrowings	12			452			378			1,326
Total interest expense	7,087			9,666			22,318			31,013
Net interest income	42,302			46,366			130,477			137,730
Provision/ (credit) for loan losses	(6,000		)	(4,000		)	(8,000		)	1,700
Net interest income after provision for loan losses	48,302			50,366			138,477			136,030
Fees and other income:
Investment management and trust fees	17,019			15,906			51,227			46,628
Wealth advisory fees	10,698			9,495			31,083			27,914
Other banking fee income	1,679			1,547			5,181			4,209
Gain on sale of loans, net	430			648			2,363			1,499
Gain on repurchase of debt	—			976			620			2,570
Gain on sale of investments, net	7			25			35			878
Gain/ (loss) on OREO, net	—			(104		)	(13		)	221
Gain on sale of Pacific Northwest offices	—			—			10,574			—
Other	261			111			476			148
Total fees and other income	30,094			28,604			101,546			84,067
Operating expense:
Salaries and employee benefits	33,102			34,688			104,605			106,071
Occupancy and equipment	7,302			8,078			22,399			23,274
Professional services	3,451			3,455			8,697			9,415
Marketing and business development	1,201			1,346			5,417			4,454
Contract services and data processing	1,462			1,446			4,514			3,989
Amortization of intangibles	1,056			1,082			3,275			3,263
FDIC insurance	823			1,138			2,817			2,969
Restructuring expense	—			3,581			—			4,280
Other	3,556			3,336			13,481			11,397
Total operating expense	51,953			58,150			165,205			169,112
Income before income taxes	26,443			20,820			74,818			50,985
Income tax expense	8,557			5,124			25,005			14,215
Net income from continuing operations	17,886			15,696			49,813			36,770
Net income from discontinued operations	1,321			1,672			5,824			5,816
Net income before attribution to noncontrolling interests	19,207			17,368			55,637			42,586
(Continued)

2

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands, except share and per share data)
Less: Net income attributable to noncontrolling interests	871			855			2,770			2,407
Net income attributable to the Company	$	18,336		$	16,513		$	52,867		$	40,179
Adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders	$	(825	)	$	(2,067	)	$	(14,968	)	$	(4,582	)
Net income attributable to common shareholders for earnings/ (loss) per share calculation	$	17,511		$	14,446		$	37,899		$	35,597
Basic earnings/ (loss) per share attributable to common shareholders:
From continuing operations:	$	0.21		$	0.17		$	0.42		$	0.40
From discontinued operations:	$	0.02		$	0.02		$	0.07		$	0.07
Total attributable to common shareholders:	$	0.23		$	0.19		$	0.49		$	0.47
Weighted average basic common shares outstanding	77,670,017			76,290,382			77,249,660			75,911,520
Diluted earnings/ (loss) per share attributable to common shareholders:
From continuing operations:	$	0.20		$	0.17		$	0.41		$	0.39
From discontinued operations:	$	0.02		$	0.02		$	0.07		$	0.07
Total attributable to common shareholders:	$	0.22		$	0.19		$	0.48		$	0.46
Weighted average diluted common shares outstanding	79,193,748			77,367,611			78,488,170			76,814,203

See accompanying notes to consolidated financial statements.

3

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Net income attributable to the Company	$	18,336		$	16,513		$	52,867		$	40,179
Other comprehensive income/ (loss), net of tax:
Unrealized gain/ (loss) on securities available for sale	(550		)	675			(6,521		)	836
Reclassification adjustment for net realized gain/ (loss) included in net income	4			14			20			560
Adjustment for discontinued operations	—			—			—			(23		)
Net unrealized gain/ (loss) on securities available for sale	(554		)	661			(6,541		)	299
Unrealized gain/ (loss) on cash flow hedges	(964		)	(366		)	(280		)	(881		)
Reclassification adjustment for net realized gain/ (loss) included in net income	(316		)	(253		)	(856		)	(746		)
Net unrealized gain/ (loss) on cash flow hedges	(648		)	(113		)	576			(135		)
Net unrealized gain/ (loss) on other	—			2			(442		)	(138		)
Other comprehensive income/ (loss), net of tax	(1,202		)	550			(6,407		)	26
Total comprehensive income/ (loss) attributable to the Company, net	$	17,134		$	17,063		$	46,460		$	40,205

See accompanying notes to consolidated financial statements.

4

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited)

	Common Stock		Preferred Stock			Additional Paid-in Capital			Retained Earnings/ (Accumulated Deficit)			Accumulated Other Comprehensive Income/ (Loss)			Non- controlling Interests		Total
	(In thousands, except share data)
Balance, December 31, 2011	$	78,023	$	58,089		$	656,436		$	(230,017	)	$	3,594		$	—	$	566,125
Net income attributable to the Company	—		—			—			40,179			—			—		40,179
Other comprehensive income/ (loss), net	—		—			—			—			26			—		26
Dividends paid to common shareholders: $0.03 per share	—		—			(2,344		)	—			—			—		(2,344		)
Dividends paid to preferred shareholder	—		—			(218		)	—			—			—		(218		)
Repurchase of Carlyle warrants and Director’s warrants	—		—			(15,000		)	—			—			—		(15,000		)
Net proceeds from issuance of:
193,517 shares of common stock	194		—			1,021			—			—			—		1,215
626,414 shares of incentive stock grants, net of cancellations and forfeitures	626		—			(626		)	—			—			—		—
Amortization of stock compensation and employee stock purchase plan	—		—			5,832			—			—			—		5,832
Stock options exercised	87		—			516			—			—			—		603
Tax deficiency from certain stock compensation awards	—		—			(1,098		)	—			—			—		(1,098		)
Other equity adjustments	—		—			282			—			—			—		282
Balance, September 30, 2012	$	78,930	$	58,089		$	644,801		$	(189,838	)	$	3,620		$	—	$	595,602
Balance, December 31, 2012	$	78,744	$	58,089		$	640,891		$	(176,746	)	$	2,124		$	—	$	603,102
Net income attributable to the Company	—		—			—			52,867			—			—		52,867
Other comprehensive income/ (loss), net	—		—			—			—			(6,407		)	—		(6,407		)
Dividends paid to common shareholders: $0.17 per share	—		—			(13,542		)	—			—			—		(13,542		)
Dividends paid to preferred shareholders	—		—			(1,792		)	—			—			—		(1,792		)
Repurchase of Non-Cumulative Perpetual Contingent Convertible Preferred Stock, Series B	—		(58,089		)	(11,738		)	—			—			—		(69,827		)
Issuance of 6.95% Non-Cumulative Perpetual Preferred Stock, Series D, net of issuance costs	—		47,753			—			—			—			—		47,753
Issuance of noncontrolling interests	—		—			—			—			—			139		139
Net proceeds from issuance of:
156,983 shares of common stock	157		—			1,073			—			—			—		1,230
677,620 shares of incentive stock grants, net of cancellations and forfeitures	638		—			(638		)	—			—			—		—
Amortization of stock compensation and employee stock purchase plan	—		—			5,282			—			—			—		5,282
Stock options exercised	283		—			1,844			—			—			—		2,127
Tax deficiency from certain stock compensation awards	—		—			(597		)	—			—			—		(597		)
Other equity adjustments	—		—			2,702			—			—			—		2,702
Balance, September 30, 2013	$	79,822	$	47,753		$	623,485		$	(123,879	)	$	(4,283	)	$	139	$	623,037

See accompanying notes to consolidated financial statements.

5

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	Nine months ended September 30,
	2013			2012
	(In thousands)
Cash flows from operating activities:
Net income attributable to the Company	$	52,867		$	40,179
Adjustments to arrive at net income from continuing operations
Net income attributable to noncontrolling interests	2,770			2,407
(Income) before tax from discontinued operations, not including gain on disposal	(10,353		)	(6,778		)
Net pre-tax gain on sale of discontinued operations	—			(221		)
Tax expense from discontinued operations	4,529			1,183
Net income from continuing operations	49,813			36,770
Adjustments to reconcile net income from continuing operations to net cash provided by/ (used in) operating activities:
Depreciation and amortization	14,715			14,403
Net income attributable to noncontrolling interests	(2,770		)	(2,407		)
Equity issued as compensation	5,282			5,832
Provision/ (credit) for loan losses	(8,000		)	1,700
Loans originated for sale	(205,085		)	(144,024		)
Proceeds from sale of loans held for sale	232,114			146,730
Gain on repurchase of debt	(620		)	(2,570		)
Gain on sale of Pacific Northwest offices	(10,574		)	—
Deferred income tax expense/ (benefit)	4,931			2,465
Net decrease/ (increase) in other operating activities	9,350			(1,485		)
Net cash provided by/ (used in) operating activities of continuing operations	89,156			57,414
Net cash provided by/ (used in) operating activities of discontinued operations	5,824			(5,161		)
Net cash provided by/ (used in) operating activities	94,980			52,253
Cash flows from investing activities:
Investment securities available for sale:
Purchases	(211,450		)	(274,894		)
Sales	3,472			49,323
Maturities, redemptions, and principal payments	188,100			311,245
(Investments)/ distributions in trusts, net	169			(691		)
(Purchase)/ redemption of Federal Home Loan Banks stock	2,266			828
Net (increase)/ decrease in portfolio loans	(119,349		)	(456,026		)
Proceeds from recoveries of loans previously charged-off	5,406			6,473
Proceeds from sale of OREO	2,455			3,275
Proceeds from sale of portfolio loans	9,449			—
Proceeds from sale of Pacific Northwest offices	123,693			—
Capital expenditures	(6,895		)	(4,522		)
Cash received from sale of discontinued operations, net of cash divested	—			5,218
Cash used in other investing activities	(224		)	—
Net cash provided by/ (used in) investing activities of continuing operations	(2,908		)	(359,771		)
Net cash provided by/ (used in) investing activities of discontinued operations	—			(21		)
Net cash provided by/ (used in) investing activities	(2,908		)	(359,792		)
(Continued)

6

	Nine months ended September 30,
	2013			2012
	(In thousands)
Cash flows from financing activities:
Net increase/ (decrease) in deposits, including deposits held for sale	31,776			132,383
Net (decrease)/ increase in securities sold under agreements to repurchase	(23,820		)	(24,078		)
Net (decrease)/ increase in federal funds purchased	—			85,000
Net (decrease)/ increase in short-term Federal Home Loan Bank borrowings	(40,000		)	130,000
Advances of long-term Federal Home Loan Bank borrowings	120,000			30,000
Repayments of long-term Federal Home Loan Bank borrowings	(96,655		)	(128,881		)
Repurchase of debt	(31,536		)	(20,094		)
Dividends paid to common shareholders	(13,542		)	(2,344		)
Dividends paid to preferred shareholder	(1,792		)	(218		)
Proceeds from issuance of Series D preferred stock, net	47,753			—
Repurchase of Series B preferred stock, including deemed dividend at repurchase	(69,827		)	—
Repurchase of warrants	—			(15,000		)
Tax deficiency from certain stock compensation awards	(597		)	(1,098		)
Proceeds from stock option exercises	2,127			603
Proceeds from issuance of common stock, net	1,230			1,215
Distributions paid to noncontrolling interests	(2,341		)
Other equity adjustments	349			282
Net cash provided by/ (used in) financing activities of continuing operations	(76,875		)	187,770
Net cash provided by/ (used in) financing activities of discontinued operations	—			—
Net cash provided by/ (used in) financing activities	(76,875		)	187,770
Net increase/ (decrease) in cash and cash equivalents	15,197			(119,769		)
Cash and cash equivalents at beginning of year	308,744			203,354
Cash and cash equivalents at end of period	$	323,941		$	83,585
Supplementary schedule of non-cash investing and financing activities:
Cash paid for interest	$	22,533		$	31,984
Cash paid for income taxes, net of (refunds received)	25,261			12,473
Net unrealized gain/ (loss) on securities available for sale	(6,541		)	299
Net unrealized gain/ (loss) on cash flow hedges	576			(135		)
Net unrealized gain/ (loss) on other	(442		)	(138		)
Non-cash transactions:
Loans transferred into/ (out of) other real estate owned from/ (to) held for sale or portfolio	(372		)	1,137
Loans transferred into/ (out of) held for sale from/ (to) portfolio	5,593			124,375

See accompanying notes to consolidated financial statements.

7

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements

1.     Basis of Presentation and Summary of Significant Accounting Policies

Boston Private Financial Holdings, Inc. (the “Company” or “BPFH”), is a bank holding company with three reportable segments: Private Banking, Investment Management, and Wealth Advisory.

Boston Private Bank & Trust Company (the “Bank” or “Boston Private Bank”) is a trust company chartered by The Commonwealth of Massachusetts, insured by the Federal Deposit Insurance Corporation (the “FDIC”), and a wholly-owned subsidiary of the Company. In December 2012, the Bank entered into a definitive agreement to sell its three offices in the Pacific Northwest market. The sale was completed in May 2013. Boston Private Bank currently operates in three geographic markets: New England, San Francisco Bay, and Southern California.

The Investment Management segment has two consolidated affiliates, consisting of Dalton, Greiner, Hartman, Maher & Co., LLC (“DGHM”) and Anchor Capital Advisors, LLC (“Anchor”) (together, the “Investment Managers”), both of which are registered investment advisers. Effective January 1, 2013, Anchor/Russell Capital Advisors LLC (“Anchor Russell”) merged into Anchor, with Anchor as the surviving entity. Anchor Capital Holdings, LLC, the former holding company of Anchor and Anchor Russell, which was dissolved upon the merger of Anchor and Anchor Russell, has been reinstated but will remain a pass through entity with no operations. It will continue to be disregarded for tax purposes.

The Wealth Advisory segment has two consolidated affiliates, consisting of KLS Professional Advisors Group, LLC (“KLS”) and Bingham, Osborn & Scarborough, LLC (“BOS”) (together, the “Wealth Advisors”). In the second quarter of 2012, the Company sold its affiliate Davidson Trust Company (“DTC”). Accordingly, prior period financial information related to DTC is included with discontinued operations.

The Company conducts substantially all of its business through its three reportable segments. All significant intercompany accounts and transactions have been eliminated in consolidation.

The unaudited interim consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), and include all necessary adjustments of a normal recurring nature which, in the opinion of management, are required for a fair presentation of the results of operations and financial condition of the Company. The interim results of consolidated operations are not necessarily indicative of the results for the entire year.

The information in this report should be read in conjunction with the consolidated financial statements and accompanying notes included in the Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities and Exchange Commission (“SEC”). Prior period amounts are reclassified whenever necessary to conform to the current period presentation.

The Company’s significant accounting policies are described in Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC. For interim reporting purposes, the Company follows the same significant accounting policies.

8

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

2.    Earnings Per Share

The two class method of calculating earnings per share (“EPS”) is presented below for the three and nine months ended September 30, 2013 and 2012. The following tables present the computations of basic and diluted EPS:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands, except share and per share data)
Basic earnings/ (loss) per share - Numerator:
Net income from continuing operations	$	17,886		$	15,696		$	49,813		$	36,770
Less: Net income attributable to noncontrolling interests	871			855			2,770			2,407
Net income from continuing operations attributable to the Company	17,015			14,841			47,043			34,363
Decrease/ (increase) in noncontrolling interests’ redemption values (1)	274			(344		)	162			(267		)
Dividends on participating securities (2)	(939		)	(91		)	(13,752		)	(275		)
Total adjustments to income attributable to common shareholders	(665		)	(435		)	(13,590		)	(542		)
Net income from continuing operations attributable to common shareholders, before allocation to participating securities	16,350			14,406			33,453			33,821
Less: Amount allocated to participating securities	(143		)	(1,454		)	(1,069		)	(3,411		)
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207		$	12,952		$	32,384		$	30,410
Net income from discontinued operations, before allocation to participating securities	$	1,321		$	1,672		$	5,824		$	5,816
Less: Amount allocated to participating securities	(17		)	(178		)	(309		)	(629		)
Net income from discontinued operations, after allocation to participating securities	$	1,304		$	1,494		$	5,515		$	5,187
Net income attributable to common shareholders, before allocation to participating securities	$	17,671		$	16,078		$	39,277		$	39,637
Less: Amount allocated to participating securities	(160		)	(1,632		)	(1,378		)	(4,040		)
Net income attributable to common shareholders, after allocation to participating securities	$	17,511		$	14,446		$	37,899		$	35,597
Basic earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017			76,290,382			77,249,660			75,911,520
Per share data - Basic earnings/ (loss) per share from:
Continuing operations	$	0.21		$	0.17		$	0.42		$	0.40
Discontinued operations	$	0.02		$	0.02		$	0.07		$	0.07
Total attributable to common shareholders	$	0.23		$	0.19		$	0.49		$	0.47

9

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands, except share and per share data)
Diluted earnings/ (loss) per share - Numerator:
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207	$	12,952	$	32,384	$	30,410
Add back: income allocated to dilutive securities	—		—		—		—
Net income from continuing operations attributable to common shareholders, after allocation to participating securities, after assumed dilution	16,207		12,952		32,384		30,410
Net income from discontinued operations, after allocation to participating securities	1,304		1,494		5,515		5,187
Net income attributable to common shareholders, after allocation to participating securities, after assumed dilution	$	17,511	$	14,446	$	37,899	$	35,597
Diluted earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017		76,290,382		77,249,660		75,911,520
Dilutive effect of:
Stock options and performance-based restricted stock (3)	708,745		621,308		604,893		531,523
Warrants to purchase common stock (3)	814,986		455,921		633,617		371,160
Dilutive common shares	1,523,731		1,077,229		1,238,510		902,683
Weighted average diluted common shares outstanding (3)	79,193,748		77,367,611		78,488,170		76,814,203
Per share data - Diluted earnings/ (loss) per share from:
Continuing operations	$	0.20	$	0.17	$	0.41	$	0.39
Discontinued operations	$	0.02	$	0.02	$	0.07	$	0.07
Total attributable to common shareholders	$	0.22	$	0.19	$	0.48	$	0.46
Dividends per share declared on common stock	$	0.07	$	0.01	$	0.17	$	0.03

_____________________

(1) See Part II. Item 8. “Financial Statements and Supplementary Data—Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for a description of the redemption values related to the redeemable noncontrolling interests. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”), an increase in redemption value from period to period reduces income attributable to common shareholders. Decreases in redemption value from period to period increase income attributable to common shareholders, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of this standard in the first quarter of 2009.

(2) Consideration paid in excess of carrying value for the repurchase of the Series B preferred stock of $11.7 million is considered a deemed dividend and, for purposes of calculating EPS, reduces net income attributable to common shareholders for the nine months ended September 30, 2013.

(3) The diluted EPS computations for the three and nine months ended September 30, 2013 and 2012 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows:

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to anti-dilution (treasury method):	(In thousands)
Potential common shares from:
Convertible trust preferred securities (a)	1	784	1	784
Total shares excluded due to anti-dilution	1	784	1	784

10

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):	(In thousands)
Potential common shares from:
Stock options or other dilutive securities (b)	1,214	2,102	1,446	2,180
Total shares excluded due to exercise price exceeding the average market price of common shares during the period	1,214	2,102	1,446	2,180

(a) If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.

(b) Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

3.    Reportable segments

Management Reporting

The Company has three reportable segments (Private Banking, Investment Management, and Wealth Advisory) and the Parent Company (Boston Private Financial Holdings, Inc.) (the “Holding Company”). The financial performance of the Company is managed and evaluated by these three areas. The segments are managed separately as a result of the concentrations in each function.

Measurement of Segment Profit and Assets

The accounting policies of the segments are the same as those described in Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Revenues, expenses, and assets are recorded by each segment, and separate financial statements are reviewed by their management and the Company’s segment chief executive officers.

Reconciliation of Reportable Segment Items

The following tables present a reconciliation of the revenues, profits, assets, and other significant items of reportable segments as of and for the three and nine months ended September 30, 2013 and 2012. Interest expense on junior subordinated debentures is reported at the Holding Company.

	Three months ended September 30,
	Net interest income						Non-interest income				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	43,371		$	47,812		$	8,873	$	7,937	$	52,244		$	55,749
Total Investment Managers	5			6			10,518		10,043		10,523			10,049
Total Wealth Advisors	15			6			10,698		9,494		10,713			9,500
Total Segments	43,391			47,824			30,089		27,474		73,480			75,298
Holding Company and Eliminations	(1,089		)	(1,458		)	5		1,130		(1,084		)	(328		)
Total Company	$	42,302		$	46,366		$	30,094	$	28,604	$	72,396		$	74,970

11

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	Three months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	32,717	$	36,785	$	8,774		$	8,133		$	16,753		$	14,831
Total Investment Managers	8,376		7,841		714			748			1,433			1,460
Total Wealth Advisors	7,341		6,806		1,282			996			2,090			1,698
Total Segments	48,434		51,432		10,770			9,877			20,276			17,989
Holding Company and Eliminations	3,519		6,718		(2,213		)	(4,753		)	(2,390		)	(2,293		)
Total Company	$	51,953	$	58,150	$	8,557		$	5,124		$	17,886		$	15,696

	Three months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	16,753		$	14,831		$	69	$	26
Total Investment Managers	438		444		995			1,016			739		800
Total Wealth Advisors	433		411		1,657			1,287			248		256
Total Segments	871		855		19,405			17,134			1,056		1,082
Holding Company and Eliminations	—		—		(1,069		)	(621		)	—		—
Total Company	$	871	$	855	$	18,336		$	16,513		$	1,056	$	1,082

	As of September 30,										Three months ended September 30,
	Assets				AUM (3)						Depreciation
	2013		2012		2013			2012			2013		2012
	(In thousands)				(In millions)						(In thousands)
Total Bank	$	6,090,343	$	6,071,302	$	4,263		$	3,784		$	1,282	$	1,496
Total Investment Managers	101,981		105,349		9,697			8,553			58		59
Total Wealth Advisors	71,172		71,936		8,809			7,797			89		91
Total Segments	6,263,496		6,248,587		22,769			20,134			1,429		1,646
Holding Company and Eliminations	11,443		24,197		(21		)	(20		)	76		58
Total Company	$	6,274,939	$	6,272,784	$	22,748		$	20,114		$	1,505	$	1,704

	Nine months ended September 30,
	Net interest income						Non-interest income (4)				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	133,738		$	142,467		$	38,078	$	24,233	$	171,816		$	166,700
Total Investment Managers	15			21			31,480		29,110		31,495			29,131
Total Wealth Advisors	51			19			31,081		27,900		31,132			27,919
Total Segments	133,804			142,507			100,639		81,243		234,443			223,750
Holding Company and Eliminations	(3,327		)	(4,777		)	907		2,824		(2,420		)	(1,953		)
Total Company	$	130,477		$	137,730		$	101,546	$	84,067	$	232,023		$	221,797

12

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	Nine months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	103,857	$	108,030	$	26,190		$	19,312		$	49,769		$	37,658
Total Investment Managers	24,422		23,351		2,329			1,977			4,744			3,803
Total Wealth Advisors	21,809		20,334		3,463			2,771			5,860			4,814
Total Segments	150,088		151,715		31,982			24,060			60,373			46,275
Holding Company and Eliminations	15,117		17,397		(6,977		)	(9,845		)	(10,560		)	(9,505		)
Total Company	$	165,205	$	169,112	$	25,005		$	14,215		$	49,813		$	36,770

	Nine months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	49,769		$	37,658		$	210	$	79
Total Investment Managers	1,425		1,184		3,319			2,619			2,319		2,401
Total Wealth Advisors	1,345		1,223		4,515			3,591			746		783
Total Segments	2,770		2,407		57,603			43,868			3,275		3,263
Holding Company and Eliminations	—		—		(4,736		)	(3,689		)	—		—
Total Company	$	2,770	$	2,407	$	52,867		$	40,179		$	3,275	$	3,263

	Nine months ended September 30,
	Depreciation
	2013		2012
	(In thousands)
Total Bank	$	4,050	$	4,364
Total Investment Managers	164		189
Total Wealth Advisors	277		269
Total Segments	4,491		4,822
Holding Company and Eliminations	167		148
Total Company	$	4,658	$	4,970

___________________

(1) Non-interest expense for the three and nine months ended September 30, 2013 includes no restructuring expense. Non-interest expense for the three and nine months ended September 30, 2012 includes $3.6 million and $4.3 million, respectively, of restructuring expense. Restructuring expenses were incurred in the Private Banking segment as well as at the Holding Company.

(2) Net income from discontinued operations for the three months ended September 30, 2013, and 2012 of $1.3 million, and $1.7 million, respectively, and for the nine months ended September 30, 2013, and 2012, of $5.8 million and $5.8 million, respectively, are included in Holding Company and Eliminations in the calculation of net income attributable to the Company.

(3) “AUM” represents Assets Under Management and Advisory at the affiliates. AUM at DTC have been removed since DTC operations are classified with discontinued operations.

(4) Included in Bank non-interest income for the nine months ended September 30, 2013 is the $10.6 million gain on sale of its three offices in the Pacific Northwest region.

13

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

4.    Investments

The following table presents a summary of investment securities:

	Amortized Cost		Unrealized					Fair Value
			Gains		Losses
	(In thousands)
As of September 30, 2013
Available for sale securities at fair value:
U.S. government and agencies	$	2,309	$	19	$	(29	)	$	2,299
Government-sponsored entities	222,522		362		(941		)	221,943
Municipal bonds	216,361		1,423		(1,818		)	215,966
Mortgage-backed securities (1)	248,502		2,722		(3,986		)	247,238
Other	15,274		231		(7		)	15,498
Total	$	704,968	$	4,757	$	(6,781	)	$	702,944
As of December 31, 2012
Available for sale securities at fair value:
U.S. government and agencies	$	2,781	$	—	$	(28	)	$	2,753
Government-sponsored entities	154,058		962		(18		)	155,002
Municipal bonds	207,952		3,172		(140		)	210,984
Mortgage-backed securities (1)	313,239		5,597		(909		)	317,927
Other	12,526		120		(12		)	12,634
Total	$	690,556	$	9,851	$	(1,107	)	$	699,300

___________________

(1)  All mortgage-backed securities are guaranteed by U.S. government agencies or government-sponsored entities.

The following table presents the maturities of investment securities available for sale, based on contractual maturity, as of September 30, 2013. Certain securities are callable before their final maturity. Additionally, certain securities (such as mortgage-backed securities) are shown within the table below based on their final (contractual) maturity, but, due to prepayments and amortization, are expected to have shorter lives.

	Available for Sale Securities
	Amortized cost		Fair value
	(In thousands)
Within one year	$	64,191	$	64,570
After one, but within five years	320,013		320,262
After five, but within ten years	84,421		83,968
Greater than ten years	236,343		234,144
Total	$	704,968	$	702,944

The following table presents the proceeds from sales, gross realized gains and gross realized losses for securities available for sale that were sold during the following periods:

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Proceeds from sales	$	1,982	$	86	$	3,472	$	49,323
Realized gains	7		25		35		924
Realized losses	—		—		—		(46		)

14

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents information regarding securities as of September 30, 2013 having temporary impairment, due to the fair values having declined below the amortized cost of the individual securities, and the time period that the investments have been temporarily impaired.

	Less than 12 months					12 months or longer					Total
	Fair value		Unrealized losses			Fair value		Unrealized losses			Fair value		Unrealized losses			# of securities
Available for sale securities	(In thousands)
U.S. government and agencies	$	—	$	—		$	1,122	$	(29	)	$	1,122	$	(29	)	1
Government-sponsored entities	133,454		(941		)	—		—			133,454		(941		)	11
Municipal bonds	96,618		(1,818		)	—		—			96,618		(1,818		)	56
Mortgage-backed securities	118,115		(3,066		)	28,778		(920		)	146,893		(3,986		)	32
Other	30		(5		)	36		(2		)	66		(7		)	6
Total	$	348,217	$	(5,830	)	$	29,936	$	(951	)	$	378,153	$	(6,781	)	106

The U.S. government and agencies securities, government-sponsored entities securities and mortgage-backed securities in the table above as of September 30, 2013 had Standard and Poor’s credit ratings of AA+. The municipal bonds in the table above had Moody’s credit ratings of at least A3 or Standard and Poor’s credit ratings of AA. The other securities consisted of equity securities.

As of September 30, 2013, the amount of investment securities in an unrealized loss position greater than 12 months, as well as in total, was not significant and was primarily due to movements in interest rates. The Company has no intent to sell any securities in an unrealized loss position as of September 30, 2013 and it is not more likely than not that the Company would be forced to sell any of these securities prior to the full recovery of all unrealized loss amounts.

Cost method investments, which are included in other assets, can be temporarily impaired when the fair values decline below the amortized costs of the individual investments. There were no cost method investments with unrealized losses as of September 30, 2013. There were $0.1 million of cost method investments with unrealized losses at December 31, 2012. The Company’s cost method investments primarily include low income housing partnerships which generate tax credits. The Company also holds partnership interests in venture capital funds formed to provide financing to small businesses and to promote community development. The Company had $25.9 million and $24.9 million in cost method investments included in other assets as of September 30, 2013 and December 31, 2012, respectively.

5.    Fair Value Measurements

Fair value is defined under GAAP as the exchange price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants on the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy established in ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value. Financial instruments are considered Level 1 when valuation can be based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instruments are valued using quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or models using inputs that are observable or can be corroborated by observable market data of substantially the full term of the assets or liabilities. Financial instruments are considered Level 3 when their values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable and when determination of the fair value requires significant management judgment or estimation.

15

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,299	$	—	$	2,299	$	—
Government-sponsored entities	221,943		—		221,943		—
Municipal bonds	215,966		—		215,966		—
Mortgage-backed securities	247,238		—		247,238		—
Other	15,498		15,498		—		—
Total available for sale securities	702,944		15,498		687,446		—
Derivatives - interest rate customer swaps	1,742		—		1,742		—
Other investments	5,616		5,038		578		—
Liabilities:
Derivatives - interest rate customer swaps	$	1,807	$	—	$	1,807	$	—
Derivatives - junior subordinated debenture interest rate swap	3,839		—		3,839		—
Derivatives - interest rate swaps	333		—		333		—

			Fair value measurements at reporting date using:
	As of December 31, 2012		Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,753	$	—	$	2,753	$	—
Government-sponsored entities	155,002		—		155,002		—
Municipal bonds	210,984		—		210,984		—
Mortgage-backed securities	317,927		—		317,927		—
Other	12,634		12,634		—		—
Total available for sale securities	699,300		12,634		686,666		—
Derivatives - interest rate customer swaps	2,915		—		2,915		—
Derivatives - customer foreign exchange forwards	120		—		120		—
Other investments	5,892		5,206		686		—
Liabilities:
Derivatives - interest rate customer swaps	$	3,047	$	—	$	3,047	$	—
Derivatives - customer foreign exchange forwards	120		—		120		—
Derivatives - junior subordinated debenture interest rate swap	5,189		—		5,189		—

16

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

As of September 30, 2013 and December 31, 2012, available for sale securities consisted primarily of U.S. government and agencies securities, government-sponsored entities securities, municipal bonds, mortgage-backed securities, and other available for sale securities. The equities (which are categorized as other available for sale securities) are valued with prices quoted in active markets. Therefore, they have been categorized as a Level 1 measurement. The government-sponsored entities securities, municipal bonds, mortgage-backed securities, and certain investments in Small Business Administration (“SBA”) loans (which are categorized as U.S. government and agencies securities) generally have quoted prices but are traded less frequently than exchange-traded securities and can be priced using market data from similar assets. Therefore, they have been categorized as a Level 2 measurement. No investments held at September 30, 2013 or December 31, 2012 were categorized as Level 3.

The Company uses interest rate customer swaps, interest rate swaps and a junior subordinated debenture interest rate swap to manage its interest rate risk, and customer foreign exchange forward contracts to manage its foreign exchange risk, if any. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. Therefore, they have been categorized as a Level 2 measurement as of September 30, 2013 and December 31, 2012. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 8: Derivatives and Hedging Activities” for further details.

To comply with the provisions of ASC 820, the Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees. Counterparty exposure is evaluated by netting positions that are subject to master netting agreements, as well as considering the amount of collateral securing the position.

The Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, although the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy as of September 30, 2013 and December 31, 2012.

Other investments, which are not considered available for sale investments, consist of deferred compensation trusts for the benefit of certain current or former employees, which consist of publicly traded mutual fund investments that are valued at prices quoted in active markets. Therefore, they have been categorized as a Level 1 measurement as of September 30, 2013 and December 31, 2012. The remaining other investments categorized as Level 2 consist of the Company’s cost-method investments as of September 30, 2013 and December 31, 2012.

There were no Level 3 assets at September 30, 2013 or December 31, 2012.

The following tables present the Company’s assets and liabilities measured at fair value on a non-recurring basis during the periods ended September 30, 2013 and 2012, respectively, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2013		Nine months ended September 30, 2013
	(In thousands)
Assets:
Impaired loans (1)	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)
	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)

___________________

(1) Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

17

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of September 30, 2012		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2012			Nine months ended September 30, 2012
	(In thousands)
Assets:
Impaired loans (1)	$	20,230	$	—	$	—	$	20,230	$	(4,598	)	$	(5,186	)
OREO (2)	379		—		—		379		(102		)	(102		)
	$	20,609	$	—	$	—	$	20,609	$	(4,700	)	$	(5,288	)

________________

(1) Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

(2) One OREO property held at September 30, 2012 had a write-down during the first nine months of 2012.

The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 inputs to determine fair value:

	As of September 30, 2013
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	9,464	Appraisals of Collateral	Discount for costs to sell	0% - 13%	8%
				Appraisal adjustments	0% - 45%	24%

	As of September 30, 2012
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	20,230	Appraisals of Collateral	Discount for costs to sell	6% - 13%	8%
				Appraisal adjustments	0% - 30%	11%
OREO	$	379	Appraisals of Collateral	Discount for costs to sell	8%	8%
				Appraisal adjustments	—%	—%

Impaired loans include those loans that were adjusted to the fair value of underlying collateral as required under ASC 310, Receivables. The amount does not include impaired loans that are measured based on expected future cash flows discounted at the respective loan’s original effective interest rate, as that amount is not considered a fair value measurement. The Company uses appraisals, which management may adjust to reflect estimated fair value declines, or apply other discounts to appraised values for unobservable factors resulting from its knowledge of the property or consideration of broker quotes. The appraisers use a market, income, and/or a cost approach in determining the value of the collateral. Therefore they have been categorized as a Level 3 measurement.

The following tables present the carrying values and fair values of the Company’s financial instruments that are not measured at fair value on a recurring basis (other than certain loans, as noted below):

18

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of September 30, 2013
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	323,941	$	323,941	$	323,941	$	—	$	—
Loans, net	4,845,045		4,822,432		—		—		4,822,432
Loans held for sale	1,745		1,745		—		1,745		—
Other financial assets	116,194		116,194		—		116,194		—
FINANCIAL LIABILITIES:
Deposits	4,942,765		4,945,589		—		4,945,589		—
Securities sold under agreements to repurchase	92,499		92,490		—		92,490		—
Federal Home Loan Bank borrowings	391,466		402,158		—		402,158		—
Junior subordinated debentures	110,487		100,487		—		7,394		93,093
Other financial liabilities	9,708		9,708		—		9,708		—

	As of December 31, 2012
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	308,744	$	308,744	$	308,744	$	—	$	—
Loans, net	4,730,079		4,766,574		—		—		4,766,574
Loans held for sale	308,390		308,908		—		308,908		—
Other financial assets	118,087		118,087		—		118,087		—
FINANCIAL LIABILITIES:
Deposits	4,885,059		4,891,465		—		4,891,465		—
Deposits held for sale	194,084		182,592		—		182,592		—
Securities sold under agreements to repurchase	116,319		117,885		—		117,885		—
Federal Home Loan Bank borrowings	408,121		428,037		—		428,037		—
Junior subordinated debentures	143,647		117,502		—		12,804		104,698
Other financial liabilities	10,058		10,058		—		10,058		—

The estimated fair values have been determined by using available quoted market information or other appropriate valuation methodologies. The aggregate fair value amounts presented do not represent the underlying value of the Company taken as a whole.

The fair value estimates provided are made at a specific point in time, based on relevant market information and the characteristics of the financial instrument. The estimates do not provide for any premiums or discounts that could result from concentrations of ownership of a financial instrument. Because no active market exists for some of the Company’s financial instruments, certain fair value estimates are based on subjective judgments regarding current economic conditions, risk characteristics of the financial instruments, future expected loss experience, prepayment assumptions, and other factors. The resulting estimates involve uncertainties and therefore cannot be determined with precision. Changes made to any of the underlying assumptions could significantly affect the estimates.

19

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

Cash and cash equivalents

The carrying value reported in the balance sheets for cash and cash equivalents approximates fair value due to the short-term nature of their maturities and are classified as Level 1.

Loans, net

Fair value estimates are based on loans with similar financial characteristics. Fair values of commercial and residential mortgage loans are estimated by discounting contractual cash flows adjusted for prepayment estimates and using discount rates approximately equal to current market rates on loans with similar credit and interest rate characteristics and maturities. The fair value estimates for home equity and other loans are based on outstanding loan terms and pricing in the local markets. The method of estimating the fair value of the loans disclosed in the table above does not incorporate the exit price concept in the presentation of the fair value of these financial instruments. Net loans are included in the Level 3 fair value category based upon the inputs and valuation techniques used.

Loans held for sale

Loans held for sale are recorded at the lower of cost or fair value in the aggregate. Fair value estimates are based on actual commitments to sell the loans to investors at an agreed upon price or current market prices if rates have changed since the time the loan closed. In December 2012, the Bank entered into an agreement to sell its three offices in the Pacific Northwest market. The loans related to this transaction were transferred from the loan portfolio to loans held for sale. The fair value indicated for these loans held for sale was based on the agreed upon offer in the pending transaction. Accordingly, loans held for sale are included in the Level 2 fair value category.

Other financial assets

Other financial assets consist of accrued interest and fees receivable, stock in Federal Home Loan Banks (“FHLBs”), and the cash surrender value of bank-owned life insurance, for which the carrying amount approximates fair value, and are classified as Level 2.

Deposits

The fair values reported for transaction accounts (demand, NOW, savings, and money market) equal their respective book values reported on the balance sheets and are classified as Level 2. The fair values disclosed are, by definition, equal to the amount payable on demand at the reporting date. The fair values for certificates of deposit are based on the discounted value of contractual cash flows. The discount rates used are representative of approximate rates currently offered on certificates of deposit with similar remaining maturities and are classified as Level 2.

Deposits held for sale

Deposits held for sale are recorded at the lower of cost or fair value. All of the deposits held for sale at December 31, 2012 relate to the Pacific Northwest transaction. Fair value estimates are based on actual agreed upon price and premium per the agreement. Accordingly, deposits held for sale are included in the Level 2 fair value category.

Securities sold under agreements to repurchase

The fair value of securities sold under agreements to repurchase are estimated based on contractual cash flows discounted at the Bank’s incremental borrowing rate for FHLB borrowings with similar maturities and have been classified as Level 2.

Federal Home Loan Bank borrowings

The fair value reported for FHLB borrowings is estimated based on the discounted value of contractual cash flows. The discount rate used is based on the Bank’s estimated current incremental borrowing rate for FHLB borrowings of similar maturities and have been classified as Level 2.

20

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

Junior subordinated debentures

The fair value of the junior subordinated debentures issued by Boston Private Capital Trust I and the junior subordinated debentures acquired in the acquisitions of First Private Bank & Trust (“FPB”), Gibraltar Private Bank & Trust Company (“Gibraltar”) (Gibraltar was subsequently sold in 2009), and Charter Private Bank (“Charter”) are estimated based on either agreements to redeem the securities at par value and/ or the future expectation of the Company to redeem the securities at par value and therefore have been classified as Level 2. The fair value of the junior subordinated debentures issued by Boston Private Capital Trust II was estimated using Level 3 inputs such as the interest rates on these securities, current rates for similar debt, and a consideration for illiquidity of trading in the debt.

At December 31, 2012, the Company did not expect to redeem the junior subordinated debentures acquired in the acquisitions of FPB, Gibraltar, and Charter, and at that date the fair value of these junior subordinated debentures was estimated using Level 3 inputs such as the interest rates on these securities, current rates for similar debt, and a consideration for illiquidity of trading in the debt.

The junior subordinated debentures issued by FPB and Gibraltar were redeemed in the third quarter of 2013, and the junior subordinated debentures issued by Charter were redeemed in October 2013.

Other financial liabilities

Other financial liabilities consist of accrued interest payable and deferred compensation for which the carrying amount approximates fair value and are classified as Level 2.

Financial instruments with off-balance sheet risk

The Bank’s commitments to originate loans and for unused lines and outstanding letters of credit are primarily at market interest rates and therefore, the carrying amount approximates fair value.

6.    Loan Portfolio and Credit Quality

The Bank’s lending activities are conducted principally in the regions of New England, San Francisco Bay, and Southern California. In December 2012, the Bank entered into an agreement to sell its three banking offices in the Pacific Northwest market, and therefore the loans included in the Pacific Northwest transaction were classified as held for sale and are not included in the December 31, 2012 data below. The sale was completed in May 2013.

The Bank originates single and multi-family residential loans, commercial real estate loans, commercial and industrial loans, construction and land loans, and home equity and other consumer loans. Most loans are secured by borrowers’ personal or business assets. The ability of the Bank’s single family residential and consumer borrowers to honor their repayment commitments is generally dependent on the overall economic conditions within the Bank’s lending areas. Commercial, construction, and land borrowers’ ability to repay is generally dependent upon the health of the economy and real estate values, including, in particular, the performance of the construction sector. Accordingly, the ultimate collectability of a substantial portion of the Bank’s loan portfolio is susceptible to changing conditions in the New England, San Francisco Bay, and Southern California economies and real estate markets.

Total loans include deferred loan fees/ (costs), net, of ($4.2) million as of both September 30, 2013 and December 31, 2012. Deferred loan fees/ (costs) include unamortized premiums or discounts related to mortgage loans purchased by the Bank.

21

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents a summary of the loan portfolio based on the portfolio segment as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	788,425	$	806,326
Commercial real estate	1,722,031		1,691,350
Construction and land	154,609		137,570
Residential	2,006,702		1,906,089
Home equity	118,094		123,551
Consumer and other	132,361		149,250
Total Loans	$	4,922,222	$	4,814,136

The following table presents nonaccrual loans receivable by class of receivable as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	4,575	$	4,337
Commercial real estate	27,996		41,696
Construction and land	4,920		2,213
Residential	13,140		11,744
Home equity	134		660
Consumer and other	27		95
Total	$	50,792	$	60,745

The Bank’s policy is to discontinue the accrual of interest on a loan when the collectability of principal or interest is in doubt. In certain instances, although infrequent, loans that have become 90 days or more past due may remain on accrual status if the value of the collateral securing the loan is sufficient to cover principal and interest and the loan is in the process of collection. There were $1.7 million of loans 90 days or more past due, but still accruing, as of September 30, 2013 and $3.6 million as of December 31, 2012. The Bank’s policy for returning a loan to accrual status requires the loan to be brought current and for the client to show a history of making timely payments (generally six consecutive months). For troubled debt restructured loans (“TDRs”), a return to accrual status generally requires timely payments for a period of six months in accordance with the restructured loan terms, along with meeting other criteria.

The following tables show the payment status of loans receivable by class of receivable as of the dates indicated:

	September 30, 2013
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	1,128	$	13	$	—	$	1,141	$	1,351	$	—	$	3,224	$	4,575	$	782,709	$	788,425
Commercial real estate	1,018		525		1,647		3,190		13,548		—		14,448		27,996		1,690,845		1,722,031
Construction and land	679		13		65		757		3,988		49		883		4,920		148,932		154,609
Residential	—		3,758		—		3,758		5,648		216		7,276		13,140		1,989,804		2,006,702
Home equity	1,020		—		—		1,020		39		—		95		134		116,940		118,094
Consumer and other	27		2		—		29		—		4		23		27		132,305		132,361
Total	$	3,872	$	4,311	$	1,712	$	9,895	$	24,574	$	269	$	25,949	$	50,792	$	4,861,535	$	4,922,222

22

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	December 31, 2012
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due (1)		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	10,684	$	210	$	257	$	11,151	$	3,073	$	—	$	1,264	$	4,337	$	790,838	$	806,326
Commercial real estate	3,331		4,572		3,249		11,152		29,125		8,913		3,658		41,696		1,638,502		1,691,350
Construction and land	42		3,216		50		3,308		723		137		1,353		2,213		132,049		137,570
Residential	20,194		3,218		—		23,412		5,101		1,980		4,663		11,744		1,870,933		1,906,089
Home equity	119		39		—		158		300		—		360		660		122,733		123,551
Consumer and other	569		182		—		751		93		—		2		95		148,404		149,250
Total	$	34,939	$	11,437	$	3,556	$	49,932	$	38,415	$	11,030	$	11,300	$	60,745	$	4,703,459	$	4,814,136

___________________

(1) Does not include one commercial and industrial 30-59 day delinquent loan totaling $0.3 million in loans held for sale as of December 31, 2012.

Nonaccruing and delinquent loans are affected by factors, such as economic and business conditions, interest rates, unemployment levels, and real estate collateral values, among others. In periods of prolonged economic declines, borrowers may become more severely impacted over time as liquidity levels decline and the borrower’s ability to continue to make payments deteriorates. With respect to real estate collateral values, the declines from the peak, as well as the value of the real estate at the time of origination versus the current value, can impact the level of problem loans. For instance, if the loan to value ratio at the time of renewal has increased due to the decline in the real estate value since origination, the loan may no longer meet the Bank’s underwriting standards and may not be renewed.

Generally when a collateral dependent commercial loan becomes impaired, an updated appraisal of the collateral, if appropriate, is obtained. In limited circumstances, an updated appraisal is obtained on residential and home equity loans that are classified as impaired. If the impaired loan has not been upgraded to a performing status within a reasonable amount of time, the Bank continues to obtain newer appraisals, approximately every 12 to 18 months or sooner, if deemed necessary, especially during periods of declining values.

The past due status of a loan is determined in accordance with its contractual repayment terms. All loan types are reported past due when one scheduled payment is due and unpaid for 30 days or more.

Credit Quality Indicators

The Bank uses a risk rating system to monitor the credit quality of its loan portfolio. Loan classifications are assessments made by the Bank of the status of the loans based on the facts and circumstances known to the Bank, including management’s judgment, at the time of assessment. Some or all of these classifications may change in the future if there are unexpected changes in the financial condition of the borrower, including but not limited to, changes resulting from continuing deterioration in general economic conditions on a national basis or in the local markets in which the Bank operates adversely affecting, among other things, real estate values. Such conditions, as well as other factors which adversely affect borrowers’ ability to service or repay loans, typically result in changes in loan default and charge-off rates, and increased provisions for loan losses, which would adversely affect the Company’s financial performance and financial condition. These circumstances are not entirely foreseeable and, as a result, it may not be possible to accurately reflect them in the Company’s analysis of credit risk.

A summary of the rating system used by the Bank, repeated here from Part II. Item 8. “Financial Statements and Supplementary Data—Note 1: Basis of Presentation and Summary of Significant Accounting Policies,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, follows:

23

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

Acceptable or Pass - All loans graded as acceptable or pass are considered acceptable credit quality by the Bank and are grouped for purposes of calculating the allowance for loan losses. Only commercial loans, including commercial real estate, commercial and industrial loans, and construction and land loans are given a numerical grade. For residential, home equity and consumer loans, the Bank classifies loans as acceptable or pass unless there is known information such as delinquency or client requests for modifications which would then generally result in a risk rating such as special mention or more severe depending on the factors.

Special Mention - Loans rated in this category are defined as having potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects for the credit or the Bank’s credit position. These loans are currently protected but have the potential to deteriorate to a substandard rating. For commercial loans, the borrower’s financial performance may be inconsistent or below forecast, creating the possibility of liquidity problems and shrinking debt service coverage. In loans having this rating, the primary source of repayment is still good, but there is increasing reliance on collateral or guarantor support. Collectability of the loan is not yet in jeopardy. In particular, loans in this category are considered more variable than other categories, since they will typically migrate through categories more quickly.

Substandard - Loans rated in this category are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. A substandard credit has a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Substandard loans may be either still accruing or nonaccruing depending upon the severity of the risk and other factors such as the value of the collateral, if any, and past due status.

Doubtful - Loans rated in this category indicate that collection or liquidation in full on the basis of currently existing facts, conditions and values, is highly questionable and improbable. Loans in this category are usually on nonaccrual and classified as impaired.

24

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following tables present the loan portfolio’s credit risk profile by internally assigned grade by class of receivable as of the dates indicated:

	September 30, 2013
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	766,285	$	11,075	$	6,490	$	4,575	$	788,425
Commercial real estate	1,629,671		41,988		22,376		27,996		1,722,031
Construction and land	128,828		20,209		652		4,920		154,609
Residential	1,980,499		—		13,063		13,140		2,006,702
Home equity	116,239		—		1,721		134		118,094
Consumer and other	131,390		937		7		27		132,361
Total	$	4,752,912	$	74,209	$	44,309	$	50,792	$	4,922,222

	December 31, 2012
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention (1)		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	779,236	$	13,691	$	9,062	$	4,337	$	806,326
Commercial real estate	1,531,701		54,000		63,953		41,696		1,691,350
Construction and land	110,940		17,048		7,369		2,213		137,570
Residential	1,886,273		—		8,072		11,744		1,906,089
Home equity	121,218		—		1,673		660		123,551
Consumer and other	149,155		—		—		95		149,250
Total	$	4,578,523	$	84,739	$	90,129	$	60,745	$	4,814,136

___________________

(1) Does not include five commercial and industrial special mention loans totaling $0.9 million and three commercial real estate special mention loans totaling $3.0 million in loans held for sale as of December 31, 2012.

25

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following tables present, by class of receivable, the balance of impaired loans with and without a related allowance, the associated allowance for those impaired loans with a related allowance, and the total unpaid principal on impaired loans:

	As of and for the three and nine months ended September 30, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,068	$	3,299	n/a		$	2,558	$	4,521	$	62	$	332
Commercial real estate	30,965		42,572		n/a		30,847		34,896		247		781
Construction and land	1,078		1,800		n/a		1,083		1,605		6		103
Residential	3,662		5,340		n/a		3,229		4,141		20		106
Home equity	89		89		n/a		89		141		3		4
Consumer and other	7		7		n/a		2		1		—		—
Subtotal	37,869		53,107		n/a		37,808		45,305		338		1,326
With an allowance recorded:
Commercial and industrial	2,558		2,644		$	253	2,496		2,385		1		23
Commercial real estate	13,905		15,197		1,508		17,630		19,909		89		677
Construction and land	4,185		4,405		794		4,185		3,260		—		—
Residential	12,844		12,844		1,746		13,171		12,680		100		389
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	33,492		35,090		4,301		37,482		38,234		190		1,089
Total:
Commercial and industrial	4,626		5,943		253		5,054		6,906		63		355
Commercial real estate	44,870		57,769		1,508		48,477		54,805		336		1,458
Construction and land	5,263		6,205		794		5,268		4,865		6		103
Residential	16,506		18,184		1,746		16,400		16,821		120		495
Home equity	89		89		—		89		141		3		4
Consumer and other	7		7		—		2		1		—		—
Total	$	71,361	$	88,197	$	4,301	$	75,290	$	83,539	$	528	$	2,415

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

26

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of and for the three and nine months ended September 30, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	5,064	$	8,361	n/a		$	3,686	$	4,826	$	—	$	—
Commercial real estate	34,789		55,034		n/a		28,714		30,315		39		226
Construction and land	4,630		6,783		n/a		5,655		6,115		—		97
Residential	9,764		11,195		n/a		9,482		9,747		71		243
Home equity	360		360		n/a		360		354		1		3
Consumer and other	—		—		n/a		73		53		—		—
Subtotal	54,607		81,733		n/a		47,970		51,410		111		569
With an allowance recorded:
Commercial and industrial	1,285		1,285		$	123	2,731		1,983		—		—
Commercial real estate	25,516		26,901		2,507		24,462		25,190		200		562
Construction and land	1,018		1,062		425		2,187		1,662		—		—
Residential	12,067		12,067		1,080		12,885		11,604		119		277
Home equity	131		131		131		131		131		1		4
Consumer and other	—		—		—		—		—		—		—
Subtotal	40,017		41,446		4,266		42,396		40,570		320		843
Total:
Commercial and industrial	6,349		9,646		123		6,417		6,809		—		—
Commercial real estate	60,305		81,935		2,507		53,176		55,505		239		788
Construction and land	5,648		7,845		425		7,842		7,777		—		97
Residential	21,831		23,262		1,080		22,367		21,351		190		520
Home equity	491		491		131		491		485		2		7
Consumer and other	—		—		—		73		53		—		—
Total	$	94,624	$	123,179	$	4,266	$	90,366	$	91,980	$	431	$	1,412

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

27

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of and for the year ended December 31, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	3,274	$	4,499	n/a		$	4,707	$	—
Commercial real estate	40,133		64,424		n/a		31,736		283
Construction and land	1,310		2,682		n/a		5,532		97
Residential	2,337		2,594		n/a		8,885		312
Home equity	360		360		n/a		355		3
Consumer and other	—		—		n/a		40		—
Subtotal	47,414		74,559		n/a		51,255		695
With an allowance recorded:
Commercial and industrial	1,149		1,191		$	118	1,855		1
Commercial real estate	18,519		19,814		1,667		24,510		727
Construction and land	903		953		189		1,486		—
Residential	13,539		13,798		1,403		11,781		374
Home equity	—		—		—		114		5
Consumer and other	—		—		—		—		—
Subtotal	34,110		35,756		3,377		39,746		1,107
Total:
Commercial and industrial	4,423		5,690		118		6,562		1
Commercial real estate	58,652		84,238		1,667		56,246		1,010
Construction and land	2,213		3,635		189		7,018		97
Residential	15,876		16,392		1,403		20,666		686
Home equity	360		360		—		469		8
Consumer and other	—		—		—		40		—
Total	$	81,524	$	110,315	$	3,377	$	91,001	$	1,802

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

When management determines that it is probable that the Bank will not collect all principal and interest on a loan in accordance with the original loan terms, or in accordance with its restructured terms, if the loan is a TDR, the loan is designated as impaired.

Loans that are designated as impaired require an analysis to determine the amount of impairment, if any. Impairment would be indicated as a result of the carrying value of the loan exceeding the estimated collateral value, less costs to sell, for collateral dependent loans or the net present value of the projected cash flow, discounted at the loan’s contractual effective interest rate, for loans not considered to be collateral dependent. Generally, shortfalls in the analysis on collateral dependent loans would result in the impairment amount being charged-off to the allowance for loan losses. Shortfalls on cash flow dependent loans may be carried as specific reserve allocations to the general reserve unless a known loss is determined to have occurred, in which case such known loss is charged-off.

Loans in the held for sale category are carried at the lower of cost or estimated fair value in the aggregate and are excluded from the allowance for loan losses analysis.

28

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The Bank may, under certain circumstances, restructure loans as a concession to borrowers who are experiencing financial difficulty. Such loans are classified as TDRs and are included in impaired loans. TDRs typically result from the Bank’s loss mitigation activities which, among other things, could include rate reductions, payment extensions, and/or principal forgiveness. TDRs totaled $59.5 million and $54.5 million at September 30, 2013 and December 31, 2012, respectively. Of the $59.5 million in TDRs at September 30, 2013, $28.0 million were on accrual status. Of the $54.5 million in TDRs at December 31, 2012, $26.7 million were on accrual status.

Since all TDRs are considered impaired loans, they are individually evaluated for impairment. The resulting impairment, if any, would have an impact on the allowance for loan losses as a specific reserve or charge-off. If, prior to the classification as a TDR, the loan was not impaired, there would have been a general reserve on the particular loan. Therefore, depending upon the result of the impairment analysis, there could be an increase or decrease in the related allowance for loan losses. Many loans initially categorized as TDRs are already on nonaccrual status and are already considered impaired. Therefore, there is generally not a material change to the allowance for loan losses when a nonaccruing loan is categorized as a TDR.

The following tables present the balance of TDRs that were restructured or defaulted during the periods indicated:

	As of and for the three months ended September 30, 2013
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial	—	$	—	$	—	1	$	983
Commercial real estate (1)	2	2,198		2,198		2	1,517
Construction and land	—	—		—		—	—
Residential (2)	2	227		227		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	4	$	2,425	$	2,425	3	$	2,500

___________________

(1) Represents the following concessions: combination of concessions.

(2) Represents the following concessions: temporary reduction of interest rate.

29

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of and for the nine months ended September 30, 2013
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	3	$	1,369	$	1,369	1	$	983
Commercial real estate (2)	7	11,361		11,361		5	5,072
Construction and land (3)	4	3,604		3,604		—	—
Residential (4)	10	934		934		1	1,116
Home equity (5)	1	40		40		—	—
Consumer and other	—	—		—		—	—
Total	25	$	17,308	$	17,308	7	$	7,171

___________________

(1) Represents the following concessions: extension of term (1 loan; post-modification recorded investment of $1.0 million), temporary reduction of interest rate (1 loan; post-modification recorded investment of $0.2 million), and combination of concessions (1 loan; post-modification recorded investment of $0.2 million).

(2) Represents the following concessions: extension of term (4 loans; post-modification recorded investment of $9.0 million) and combination of concessions (3 loans; post-modification recorded investment of $2.4 million).

(3) Represents the following concessions: extension of term.

(4) Represents the following concessions: temporary reduction of interest rate.

(5) Represents the following concessions: extension of term.

	As of and for the three months ended September 30, 2012
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate	—	—		—		—	—
Construction and land	—	—		—		—	—
Residential (2)	1	3,150		3,150		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	3	$	4,957	$	4,957	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: temporary reduction of interest rate.

30

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of and for the nine months ended September 30, 2012
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate (2)	6	7,387		7,468		—	—
Construction and land	—	—		—		—	—
Residential (3)	12	7,172		7,172		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	20	$	16,366	$	16,447	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: extension of term (5 loans; post-modification recorded investment of $4.7 million) and combination of concessions (1 loan; post-modification recorded investment of $2.8 million).

(3) Represents the following concessions: payment deferral (1 loan; post-modification recorded investment of $1.9 million), temporary reduction of interest rate (10 loans; post-modification recorded investment of $4.0 million), and combination of concessions (1 loan; post-modification recorded investment of $1.3 million).

31

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

7.    Allowance for Loan Losses

The allowance for loan losses is reported as a reduction of outstanding loan balances, and totaled $77.2 million and $84.1 million at September 30, 2013 and December 31, 2012, respectively.

The following tables present a summary of the changes in the allowance for loan losses for the periods indicated:

	As of and for the three months ended September 30,						As of and for the nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Allowance for loan losses, beginning of period:
Commercial and industrial	$	11,883		$	13,243		$	11,825		$	12,163
Commercial real estate	48,744			64,577			52,497			63,625
Construction and land	4,923			6,163			5,016			6,382
Residential	11,625			10,844			10,892			9,286
Home equity	1,201			1,489			1,085			1,535
Consumer and other	412			740			540			1,149
Unallocated	2,012			1,998			2,202			1,974
Total allowance for loan losses, beginning of period	80,800			99,054			84,057			96,114
Provision/ (credit) for loan losses:
Commercial and industrial	(533		)	(1,339		)	(1,441		)	1,766
Commercial real estate	(5,719		)	(3,035		)	(8,266		)	(2,147		)
Construction and land	(427		)	(1,448		)	(1,250		)	(2,177		)
Residential	549			1,659			2,687			4,498
Home equity	(9		)	69			444			(38		)
Consumer and other	18			(38		)	(105		)	(358		)
Unallocated	121			132			(69		)	156
Total provision/ (credit) for loan losses	(6,000		)	(4,000		)	(8,000		)	1,700
Loans charged-off:
Commercial and industrial	(41		)	(1,108		)	(68		)	(3,777		)
Commercial real estate	—			(2,339		)	(2,339		)	(5,606		)
Construction and land	—			(710		)	(100		)	(710		)
Residential	—			(1,544		)	(1,405		)	(2,825		)
Home equity	—			(129		)	(360		)	(129		)
Consumer and other	(9		)	(19		)	(14		)	(111		)
Total charge-offs	(50		)	(5,849		)	(4,286		)	(13,158		)
Recoveries on loans previously charged-off:
Commercial and industrial	91			794			1,084			1,438
Commercial real estate	1,958			59			3,091			3,390
Construction and land	378			1,065			1,208			1,575
Residential	—			—			—			—
Home equity	—			—			23			61
Consumer and other	—			6			—			9
Total recoveries	2,427			1,924			5,406			6,473

32

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	As of and for the three months ended September 30,				As of and for the nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)
Allowance for loan losses at end of period:
Commercial and industrial	11,400		11,590		11,400		11,590
Commercial real estate	44,983		59,262		44,983		59,262
Construction and land	4,874		5,070		4,874		5,070
Residential	12,174		10,959		12,174		10,959
Home equity	1,192		1,429		1,192		1,429
Consumer and other	421		689		421		689
Unallocated	2,133		2,130		2,133		2,130
Total allowance for loan losses at end of period	$	77,177	$	91,129	$	77,177	$	91,129

The following tables present the Company’s allowance for loan losses and loan portfolio at September 30, 2013 and December 31, 2012 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at September 30, 2013 or December 31, 2012.

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	11,147	$	43,475	$	4,080	$	10,428
Loans individually evaluated	253		1,508		794		1,746
Total allowance for loan losses	$	11,400	$	44,983	$	4,874	$	12,174
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	783,799	$	1,677,161	$	149,346	$	1,990,196
Loans individually evaluated	4,626		44,870		5,263		16,506
Total Loans	$	788,425	$	1,722,031	$	154,609	$	2,006,702

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	1,192	$	421	$	2,133	$	72,876
Loans individually evaluated	—		—		—		4,301
Total allowance for loan losses	$	1,192	$	421	$	2,133	$	77,177
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	118,005	$	132,354	$	—	$	4,850,861
Loans individually evaluated	89		7		—		71,361
Total Loans	$	118,094	$	132,361	$	—	$	4,922,222

33

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	11,707	$	50,830	$	4,827	$	9,489
Loans individually evaluated	118		1,667		189		1,403
Total allowance for loan losses	$	11,825	$	52,497	$	5,016	$	10,892
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	801,903	$	1,632,698	$	135,357	$	1,890,213
Loans individually evaluated	4,423		58,652		2,213		15,876
Total Loans	$	806,326	$	1,691,350	$	137,570	$	1,906,089

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	1,085	$	540	$	2,202	$	80,680
Loans individually evaluated	—		—		—		3,377
Total allowance for loan losses	$	1,085	$	540	$	2,202	$	84,057
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	123,191	$	149,250	$	—	$	4,732,612
Loans individually evaluated	360		—		—		81,524
Total Loans	$	123,551	$	149,250	$	—	$	4,814,136

8.    Derivatives and Hedging Activities

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities and, to a lesser extent, the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are generally determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to certain fixed and variable rate loan assets and fixed and variable rate borrowings.

34

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of September 30, 2013 and December 31, 2012:

	September 30, 2013							December 31, 2012
	Asset derivatives			Liability derivatives				Asset derivatives			Liability derivatives
	Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)			Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)
	(In thousands)
Derivatives designated as hedging instruments:
Interest rate products	Other assets	$	—	Other liabilities	$	(4,172	)	Other assets	$	—	Other liabilities	$	(5,189	)
Derivatives not designated as hedging instruments:
Interest rate products	Other assets	1,742		Other liabilities	(1,807		)	Other assets	2,915		Other liabilities	(3,047		)
Foreign exchange contracts	Other assets	—		Other liabilities	—			Other assets	120		Other liabilities	(120		)
Total		$	1,742		$	(5,979	)		$	3,035		$	(8,356	)

___________________

(1) For additional details, see Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 5: Fair Value Measurements.”

The following table presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations for the three and nine months ended September 30, 2013 and 2012:

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	three months ended September 30,							three months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(1,643	)	$	(641	)	Interest income	$	(553	)	$	(443	)
Total	$	(1,643	)	$	(641	)		$	(553	)	$	(443	)

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	nine months ended September 30,							nine months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(469	)	$	(1,652	)	Interest income	$	(1,486	)	$	(1,295	)
Total	$	(469	)	$	(1,652	)		$	(1,486	)	$	(1,295	)

35

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents the components of the Company’s accumulated other comprehensive income/ (loss) related to the derivatives for the three and nine months ended September 30, 2013 and 2012:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Accumulated other comprehensive income on cash flow hedges, balance at beginning of period	$	(1,745	)	$	(3,128	)	$	(2,969	)	$	(3,106	)
Net change in unrealized gain/ (loss) on cash flow hedges	(648		)	(113		)	576			(135		)
Accumulated other comprehensive income on cash flow hedges, balance at end of period	$	(2,393	)	$	(3,241	)	$	(2,393	)	$	(3,241	)

Cash Flow Hedges of Interest Rate Risk

The Company’s objective in using derivatives is to add stability to interest income and expense and to manage the risk related to exposure to changes in interest rates. To accomplish this objective, the Holding Company entered into an interest rate swap in the second quarter of 2010 with a notional amount of $75 millionrelated to the Holding Company’s cash outflows associated with the subordinated debt related to trust preferred securities to protect against an increase in the London Interbank Offered Rate (“LIBOR”). The interest rate swap had an effective date of December 30, 2010 and a term of five years. As of December 30, 2010, the subordinated debt switched from a fixed rate of 6.25% to a variable rate of three-month LIBOR plus 1.68%. The interest rate swap effectively fixed the Holding Company’s interest rate payments on the $75 million of debt at 4.45%.

The Bank also entered into five interest rate swaps during the first nine months of 2013, each with a notional amount of $25 million. The interest rate swaps have effective dates of August 1, 2013, March 1, 2014, June 1, 2014, September 2, 2014, and December 1, 2014 and have terms ranging from three to six years. The Bank’s risk management objective and strategy for these interest rate swaps is to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances. The interest rate swaps will effectively fix the Bank’s interest payments on $125 million of its LIBOR-indexed debt at rates between 1.68% and 2.32%, and a weighted average rate of 1.98%.

The Company uses the “Hypothetical Derivative Method” described in ASC 815, Derivatives and Hedging (“ASC 815”), for quarterly prospective and retrospective assessments of hedge effectiveness, as well as for measurements of hedge ineffectiveness. Under this method, the Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged transactions. The effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (“OCI”) (outside of earnings) and subsequently reclassified to earnings in interest and dividend income when the hedged transactions affect earnings. Ineffectiveness resulting from the hedge is recorded as a gain or loss in the consolidated statement of operations as part of fees and other income. The Company had no hedge ineffectiveness recognized in earnings during the three and nine months ended September 30, 2013 and 2012. The Company also monitors the risk of counterparty default on an ongoing basis.

A portion of the balance reported in accumulated other comprehensive income related to derivatives will be reclassified to interest income or expense as interest payments are made or received on the Company’s interest rate swap. During the next twelve months, the Company estimates that $2.6 million will be reclassified as an increase in interest expense.

36

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

Non-designated Hedges

Derivatives not designated as hedges are not speculative and result from two different services the Bank provides to qualified commercial clients. The Bank offers certain derivative products directly to such clients. The Bank economically hedges derivative transactions executed with commercial clients by entering into mirror-image, offsetting derivatives with third parties. Derivative transactions executed as part of these programs are not designated in ASC 815-qualifying hedging relationships and are, therefore, marked-to-market through earnings each period. Because the derivatives have mirror-image contractual terms, the changes in fair value substantially offset through earnings. Fees earned in connection with the execution of derivatives related to this program are recognized in the consolidated statement of operations in other income. The derivative asset and liability values above include an adjustment related to the consideration of credit risk required under ASC 820, of less than $0.1 million in earnings for the three and nine months ended September 30, 2013 and 2012, respectively. As of September 30, 2013 and December 31, 2012, the Bank had six and 11 interest rate swaps with an aggregate notional amount of $24.8 million and $55.7 million, respectively, related to this program. As of September 30, 2013, the Bank had no foreign currency exchange contracts outstanding related to this program. As of December 31, 2012, the Bank had six foreign currency exchange contracts with notional amounts of $3.7 million related to this program.

The following table presents the effect of the Bank’s derivative financial instruments, not designated as hedging instruments, in the consolidated statement of operations for the three and nine months ended September 30, 2013 and 2012.

		Amount of gain or (loss), net, recognized in income on derivatives
Derivatives not designated as hedging instruments	Location of gain or (loss) recognized in income on derivative	Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013		2012
		(In thousands)
Interest rate products	Other income/ (expense)	$	(5	)	$	(21	)	$	14	$	62
Foreign exchange contracts	Other income/ (expense)	3			4			8		5
Total		$	(2	)	$	(17	)	$	22	$	67

The Holding Company and the Bank have agreements with their derivative counterparties that contain provisions where, if the Holding Company or Bank defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Holding Company or the Bank could also be declared in default on its derivative obligations. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

The Holding Company and the Bank also have agreements with certain of their derivative counterparties that contain provisions where, if the Holding Company or Bank fails to maintain its status as a well- or adequately-capitalized institution, then the counterparty could terminate the derivative positions and the Holding Company or the Bank would be required to settle its obligations under the agreements. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

Certain of the Holding Company and the Bank’s agreements with their derivative counterparties contain provisions where, if specified events or conditions occur that materially change the Holding Company’s or the Bank’s creditworthiness in an adverse manner, the Holding Company or the Bank may be required to fully collateralize their obligations under the derivative instruments. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

As of September 30, 2013 and December 31, 2012, the termination amounts related to collateral determinations of derivatives in a liability position was $6.4 million and $8.4 million, respectively. The Company has minimum collateral posting thresholds with its derivative counterparty and has posted collateral of $7.3 million and $10.4 million as of September 30, 2013 and December 31, 2012, respectively, against its obligation under this agreement.

37

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

9.    Income Taxes

The following table presents the components of income tax expense for continuing operations, discontinued operations, noncontrolling interests and the Company:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Income from continuing operations:
Income before income taxes	$	74,818		$	50,985
Income tax expense	25,005			14,215
Net income from continuing operations	$	49,813		$	36,770
Effective tax rate, continuing operations	33.4		%	27.9		%
Income from discontinued operations:
Income before income taxes	$	10,353		$	6,999
Income tax expense	4,529			1,183
Net income from discontinued operations	$	5,824		$	5,816
Effective tax rate, discontinued operations	43.7		%	16.9		%
Less: Income attributable to noncontrolling interests:
Income before income taxes	$	2,770		$	2,407
Income tax expense	—			—
Net income attributable to noncontrolling interests	$	2,770		$	2,407
Effective tax rate, noncontrolling interests	—		%	—		%
Income attributable to the Company
Income before income taxes	$	82,401		$	55,577
Income tax expense	29,534			15,398
Net income attributable to the Company	$	52,867		$	40,179
Effective tax rate attributable to the Company	35.8		%	27.7		%

The effective tax rate for continuing operations for the nine months ended September 30, 2013 of 33.4%, with related tax expense of $25.0 million, was calculated based on a projected 2013 annual effective tax rate. The effective tax rate was less than the statutory rate of 35% due primarily to earnings from tax-exempt investments, income tax credits, and income attributable to noncontrolling interests. These items were partially offset by state and local income taxes and an increase in unrecognized tax benefits.

The effective tax rate for continuing operations for the nine months ended September 30, 2012 of 27.9%, with related tax expense of $14.2 million, was calculated based on a projected 2012 annual effective tax rate. The effective tax rate was less than the statutory rate of 35% due primarily to earnings from tax-exempt investments, income tax credits, and income attributable to noncontrolling interests. These items were partially offset by state and local income taxes.

The effective tax rate for continuing operations for the nine months ended September 30, 2013 is greater than the effective tax rate for the same period in 2012 due primarily to an increase in unrecognized tax benefits, an increase in state and local income taxes, and a higher level of income before taxes in 2013 as compared to 2012.

As of September 30, 2013, the Company’s gross amount of unrecognized tax benefits is $2.0 million and the net amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $1.2 million. During the nine months ended September 30, 2013, the Company’s gross amount of unrecognized tax benefits decreased by $2.8 million, from $4.8 million at December 31, 2012, to $2.0 million at September 30, 2013. The $2.8 million decrease includes the release of $4.3 million of timing-related uncertainties as a result of the Company filing an accounting method change for income tax purposes, net against a $1.5 million increase related primarily to a change in the interpretation of tax law with respect to certain

38

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

tax positions taken on previously filed tax returns. The Company believes it is reasonably possible that the gross amount of unrecognized tax benefits may decrease within the next twelve months by $1.5 millionas a result of settlements with state taxing authorities.

Contingent consideration related to the 2009 and 2012 divestiture of certain affiliates, primarily related to the revenue sharing agreement with Westfield Capital Management Company, LLC, is also reflected under “discontinued operations” in the table above. The profits and losses attributable to owners other than the Company are reflected under “noncontrolling interests” in the table above.

10.    Noncontrolling Interests

At the Company, noncontrolling interests typically consist of equity owned by management of the Company’s respective majority-owned affiliates. Net income attributable to noncontrolling interests in the consolidated statements of operations represents the net income allocated to the noncontrolling interest owners of the affiliates. Net income allocated to the noncontrolling interest owners was $0.9 million for each of the three month periods ended September 30, 2013 and 2012, and $2.8 million and $2.4 million for the nine months ended September 30, 2013 and 2012, respectively.

On the consolidated balance sheets, noncontrolling interests are included as the sum of the capital and undistributed profits allocated to the noncontrolling interest owners. Typically, this balance is included in a company’s permanent shareholders’ equity in the consolidated balance sheets. When the noncontrolling interest owners’ rights include certain redemption features, as described in ASC 480, Distinguishing Liabilities from Equity, such redeemable noncontrolling interests are classified as mezzanine equity and are not included in permanent shareholders’ equity. Due to the redemption features of the noncontrolling interests, the Company had redeemable noncontrolling interests held in mezzanine equity in the accompanying consolidated balance sheets of of $17.2 million and $19.3 million at September 30, 2013 and December 31, 2012, respectively. The aggregate amount of such redeemable noncontrolling equity interests are recorded at the estimated maximum redemption values. In addition, as discussed below, the Company had $0.1 million noncontrolling interests included in permanent shareholder’s equity at September 30, 2013.

Each non-wholly owned affiliate operating agreement provides the Company and/or the noncontrolling interests with contingent call or put redemption features used for the orderly transfer of noncontrolling equity interests between the affiliate noncontrolling interest owners and the Company at either a contractually predetermined fair value, multiple of earnings before interest, taxes, depreciation, and amortization (EBITDA), or fair value. The Company may liquidate these noncontrolling interests in cash, shares of the Company’s common stock, or other forms of consideration dependent on the operating agreement. These agreements are discussed in Part II. Item 8. “Financial Statements and Supplementary Data – Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Generally, these put and call redemption features refer to shareholder rights of both the Company and the noncontrolling interest owners of the Company’s majority-owned affiliate companies. The affiliate company noncontrolling interests generally take the form of limited liability company (LLC) units, profits interests, or common stock (collectively, the “noncontrolling equity interests”). In most circumstances, the put and call redemption features generally relate to the Company’s right and, in some cases, obligation to purchase and the noncontrolling equity interests’ right to sell their equity interests. There are various events that could cause the puts or calls to be exercised, such as a change in control, death, disability, retirement, resignation or termination. The puts and calls are generally to be exercised at the then fair value or a contractually agreed upon approximation thereof. The terms of these rights vary and are governed by the respective individual operating and legal documents.

During the second quarter of 2013, the Company sold certain repurchased noncontrolling interests to principals at Anchor with modified contingent call and put redemption features. These modified noncontrolling interests have the same terms and conditions as the previously issued noncontrolling interests with the exception that they require the approval of the Company’s CEO in order to be exercised. Therefore, these modified noncontrolling interests are not considered to be mandatorily redeemable and are not included in the redeemable noncontrolling interests within mezzanine equity, but rather within permanent equity.

39

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents the contractually determined maximum redemption values to repurchase the noncontrolling interests at the periods indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Anchor	$	10,919	$	11,105
BOS	4,206		5,782
DGHM	2,238		2,400
Total	$	17,363	$	19,287
Redeemable noncontrolling interests	$	17,224	$	19,287
Noncontrolling interests	$	139	$	—

The following table presents an analysis of the Company’s redeemable noncontrolling interests for the periods indicated:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Redeemable noncontrolling interests at beginning of year	$	19,287		$	21,691
Net income attributable to noncontrolling interests	2,770			2,407
Distributions	(2,341		)	(3,168		)
DTC disposition	—			(1,470		)
Adjustments to fair value	(2,492		)	215
Redeemable noncontrolling interests at end of period	$	17,224		$	19,675

40

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

11.    Equity

On April 24, 2013, the Company closed the public offering of 2,000,000 depositary shares (the “Depositary Shares”) pursuant to an Underwriting Agreement dated April 17, 2013, previously disclosed by the Company. Each Depositary Share represents a 1/40th interest in a share of the Company’s 6.95% Non-Cumulative Perpetual Preferred Stock, Series D, par value $1.00 per share and liquidation preference of $1,000 per share (the “Series D preferred stock”). The Company received $47.8 million from the issuance, after issuance costs.

Upon the issuance of the Series D preferred stock on April 24, 2013, the ability of the Company to declare and pay dividends on, or purchase, redeem or otherwise acquire, shares of its preferred stock or any securities of the Company that rank junior to the Series D preferred stock was subject to certain restrictions in the event that the Company does not declare and pay (or set aside) dividends on the Series D preferred stock for the last preceding quarterly dividend period.

Also on April 24, 2013, the Company repurchased all 400.81221 shares of the Company’s Series B Non-Cumulative Perpetual Contingent Convertible Preferred Stock, par value $1.00 per share (the “Series B preferred stock”), held by BP Holdco, L.P., a subsidiary of The Carlyle Group, L.P., pursuant to a Stock Repurchase Agreement, dated as of April 16, 2013, previously disclosed by the Company.

The following table presents the details of the classes of preferred stock outstanding as of the dates indicated:

	September 30, 2013		December 31, 2012
	(Dollars in thousands)
Preferred stock, $1.00 par value; authorized: 2,000,000 shares:
Series B, issued and outstanding (contingently convertible): 0 shares at September 30, 2013 and 401 shares at December 31, 2012; liquidation value: $100,000 per share	$	—	$	58,089
Series D, 6.95% Non-Cumulative Perpetual, issued and outstanding: 50,000 shares at September 30, 2013, 0 shares at December 31, 2012; liquidation preference: $1,000 per share	47,753		—
Total preferred stock	$	47,753	$	58,089

12.    Restructuring

On May 27, 2011, the Company completed the merger of its four private banks, operating in the New England, San Francisco Bay, Southern California and Pacific Northwest markets, under a single Massachusetts charter. During this period of restructuring, the Company sought to reduce expenses by simplifying the portfolio businesses, streamlining the Holding Company structure, while incurring certain merger-related expenses such as severance charges, costs to terminate contracts, legal, audit and consulting costs, and other costs. The Company had substantially completed the merger-related restructuring as planned in the first half of 2012.

During the second half of 2012, the Company implemented a senior executive restructuring of the Holding Company leadership and Bank management. The purpose of this restructuring was to create a more streamlined organization and to refine the Company’s cost base. To implement the new structure the Company incurred an additional severance charge of $4.8 million, all during the second half of 2012. The Company expects no additional severance charges associated with this initiative.

Restructuring expenses incurred since the plans of restructuring were first implemented in 2011 totaled $14.0 million with the Private Banking segment incurring $9.5 million, and the remaining $4.5 million incurred by the Holding Company.

41

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

The following table presents a summary of the restructuring activity for the three and nine months ended September 30, 2013 and 2012:

	Severance Charges			Contract Termination Fees			Professional Expenses			Other Associated Costs			Total
	(In thousands)
Accrued charges at December 31, 2011	$	2,658		$	211		$	230		$	—		$	3,099
Costs incurred	(1		)	—			128			8			135
Costs paid	(459		)	—			(254		)	(8		)	(721		)
Accrued charges at March 31, 2012	2,198			211			104			—			2,513
Costs incurred	22			255			183			104			564
Costs paid	(1,039		)	(255		)	(287		)	(104		)	(1,685		)
Accrued charges at June 30, 2012	1,181			211			—			—			1,392
Costs incurred	3,409			147			22			3			3,581
Costs paid	(577		)	(260		)	(22		)	(3		)	(862		)
Accrued charges at September 30, 2012	$	4,013		$	98		$	—		$	—		$	4,111
Accrued charges at December 31, 2012	$	3,517		$	98		$	8		$	—		$	3,623
Costs incurred	—			—			—			—			—
Costs paid	(736		)	—			(8		)	—			(744		)
Accrued charges at March 31, 2013	2,781			98			—			—			2,879
Costs incurred	—			—			—			—			—
Costs paid	(976		)	—			—			—			(976		)
Accrued charges at June 30, 2013	1,805			98			—			—			1,903
Costs incurred	—			—			—			—			—
Costs paid	(1,006		)	—			—			—			(1,006		)
Accrued charges at September 30, 2013	$	799		$	98		$	—		$	—		$	897

13.    Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The amendments to this update require entities to present information about reclassifications out of accumulated other comprehensive income in a single note or on the face of the financial statements. The new guidance was effective for fiscal years, and interim periods within those years, beginning after December 15, 2012, with early adoption permitted. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

In July 2012, the FASB issued updated guidance, ASU 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. The amendments in this update regarding the impairment testing applicable to indefinite-lived intangible assets, is similar to the impairment guidance issued in ASU 2011-08, Intangibles - Goodwill and Other (Topic 350): Testing Goodwill for Impairment, applicable to goodwill. Under the updated guidance, an entity may assess qualitative factors (such as changes in management, key personnel, strategy, key technology or customers) that may impact the fair value of the indefinite-lived intangible asset and lead to the determination that it is more likely than not that the fair value of the asset is less than its carrying value. If an entity determines that it is more likely than not that the fair value of the intangible asset is less than its carrying value, an impairment test must be performed. The impairment test requires an entity to calculate the estimated fair value of the indefinite-lived intangible asset. If the carrying value of the indefinite-lived intangible asset exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess. The updated guidance is effective for annual and interim indefinite-lived intangible asset impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted provided the company has not yet performed its 2012 impairment test or issued its financial statements. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

42

BOSTON PRIVATE FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Notes to Unaudited Consolidated Financial Statements - (Continued)

In December 2011, the FASB issued new guidance, ASU 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities and in January 2013, the FASB issued ASU 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. ASU 2011-11 requires entities to disclose both gross and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. ASU 2013-01 limits the scope of disclosures to derivatives, repurchase agreements and securities lending arrangements. The new guidance is effective for fiscal years, and interim periods within those years, beginning after January 1, 2013 and requires a retrospective application for all comparative periods which are presented. The adoption of these ASUs did not have a material effect on the Company’s consolidated financial statements.

14.    Subsequent Events

The Company evaluated subsequent events through the date the accompanying unaudited interim consolidated financial statements were issued. Pursuant to the requirements of ASC 855, Subsequent Events, there were no events or transactions during the subsequent event reporting period that required disclosure in the unaudited consolidated interim financial statements.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF

FINANCIAL CONDITION AND RESULTS OF OPERATIONS

As of and for the three and nine months ended September 30, 2013

Certain statements contained in this Quarterly Report on Form 10-Q that are not historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. These statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words “may,” “will,” “should,” “could,” “would,” “plan,” “potential,” “estimate,” “project,” “believe,” “intend,” “anticipate,” “expect,” “target” and similar expressions. These statements include, among others, statements regarding our strategy, effectiveness of our investment programs, evaluations of future interest rate trends and liquidity, expectations as to growth in assets, deposits and results of operations, receipt of regulatory approval for pending acquisitions, success of acquisitions, future operations, market position, financial position, and prospects, plans and objectives of management. You should not place undue reliance on our forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to significant risks, uncertainties and other factors which are, in some cases, beyond the Company’s control.

Forward-looking statements are based on the current assumptions and beliefs of management and are only expectations of future results. The Company’s actual results could differ materially from those projected in the forward-looking statements as a result of, among others, factors referenced herein under the section captioned “Risk Factors”; adverse conditions in the capital and debt markets and the impact of such conditions on the Company’s private banking, investment management and wealth advisory activities; changes in interest rates; competitive pressures from other financial institutions; the effects of continued weakness in general economic conditions on a national basis or in the local markets in which the Company operates, including changes that adversely affect borrowers’ ability to service and repay our loans; changes in the value of securities in the Company’s investment portfolio; changes in loan default and charge-off rates; the adequacy of loan loss reserves; reductions in deposit levels necessitating increased borrowing to fund loans and investments; changes in government regulation; the risk that goodwill and intangibles recorded in the Company’s financial statements will become impaired; the risk that the Company’s deferred tax assets may not be realized; risks related to the identification and implementation of acquisitions, dispositions and restructurings; and changes in assumptions used in making such forward-looking statements, as well as the other risks and uncertainties detailed in the Company’s Annual Report on Form 10-K and updated in the Company’s Quarterly Reports on Form 10-Q and other filings submitted to the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

44

Executive Summary

The Company offers a wide range of wealth management services to high net worth individuals, families, businesses and select institutions through its three reportable segments: Private Banking, Investment Management, and Wealth Advisory. This Executive Summary provides an overview of the most significant aspects of our operating segments and the Company’s operations in the third quarter of 2013. Details of the matters addressed in this summary are provided elsewhere in this document and, in particular, in the sections immediately following.

	Three months ended September 30,
	2013			2012			$ Change			% Change
	(In thousands, except per share data)
Total revenues	$	72,396		$	74,970		$	(2,574	)	(3	)%
Provision/ (credit) for loan losses	(6,000		)	(4,000		)	(2,000		)	50	%
Total operating expenses	51,953			58,150			(6,197		)	(11	)%
Net income from continuing operations	17,886			15,696			2,190			14	%
Net income attributable to noncontrolling interests	871			855			16			2	%
Net income attributable to the Company	18,336			16,513			1,823			11	%
Diluted earnings per share:
From continuing operations	$	0.20		$	0.17		$	0.03		18	%
From discontinued operations	$	0.02		$	0.02		$	—		—	%
Attributable to common shareholders	$	0.22		$	0.19		$	0.03		16	%

Net income attributable to the Company was $18.3 million for the three months ended September 30, 2013, compared to $16.5 million in the same period of 2012. The Company recognized diluted earnings per share of $0.22 for the three months ended September 30, 2013, compared to diluted earnings per share of $0.19 for the same period of 2012.

Key items that affected the Company’s results in the third quarter of 2013 compared to the same period of 2012 include:

▪ The Company recorded a $6.0 million credit to the provision for loan losses for the three months ended September 30, 2013, compared to a credit to the provision for loan losses of $4.0 million in the same period of 2012. The credit to the provision for the three months ended September 30, 2013 was primarily driven by recoveries of previously charged-off loan amounts and a reduction in adversely-classified loans.

▪ The low interest rate environment continues to affect net interest income. Net interest margin (“NIM”) decreased 12 basis points to 2.99% for the three months ended September 30, 2013 compared to the same period in 2012. Net interest income for the three months ended September 30, 2013 was $42.3 million, a decrease of $4.1 million, or 9%, compared to the same period in 2012. This decrease was due to lower average yields on loans and investments, and a decrease in the average balance of loans and investments, partially offset by lower average rates paid on the Company’s deposits and borrowings and a decrease in volume of borrowings.

▪ Fees and other income increased 5% to $30.1 million for the three months ended September 30, 2013, compared to $28.6 million in the same period of 2012. This increase was driven by fee-based revenue, consisting of a 13% increase in wealth advisory fees, a 7% increase in investment management and trust fees, and a 9% increase in other banking fees. Together, these fee-based revenue line items represent 41% of total revenue for the three months ended September 30, 2013, compared to 36% of total revenue in the same period of 2012.

▪ Operating expenses decreased $6.2 million, or 11%, to $52.0 million for the three months ended September 30, 2013, compared to $58.2 million in the same period of 2012. Excluding the 2012 restructuring charges, operating expenses decreased $2.6 million, or 5%. Decreases in salaries and employee benefits, occupancy and equipment, and FDIC insurance expense were the primary drivers of the overall decrease.

The Company’s Private Banking segment reported net income attributable to the Company of $16.8 million in the third quarter of 2013, compared to net income attributable to the Company of $14.8 million in the same period of 2012. The

45

$1.9 million, or 13%, increase was a result of decreased operating expenses, decreased interest expense, a larger credit to the provision for loan losses in the third quarter of 2013, and increased fee-based noninterest income, offset by decreased interest income, and increased income tax expense for the three months ended September 30, 2013. AUM increased $0.5 billion, or 13%, to $4.3 billion at September 30, 2013 from $3.8 billion at September 30, 2012, due to both investment performance and net inflows.

The Company’s Investment Management segment reported net income attributable to the Company of $1.00 million in the third quarter of 2013, compared to net income attributable to the Company of $1.02 million in the same period of 2012. The 2% decrease was due to increased operating expenses, primarily due to increased salaries and employee benefits and a charge for trading errors, partially offset by increased investment management and trust fees. Most fee-based revenue is determined based on beginning-of-period AUM data, and, as a result, the increase in investment management and trust fees was related to changes in AUM from June 30, 2012 through June 30, 2013. AUM increased $1.1 billion, or 13%, to $9.7 billion at September 30, 2013 from $8.6 billion at September 30, 2012, due to investment performance, partially offset by net outflows.

The Company’s Wealth Advisory segment reported net income attributable to the Company of $1.7 million in the third quarter of 2013, compared to net income attributable to the Company of $1.3 million in the same period of 2012. The $0.4 million, or 29%, increase was due to increased wealth advisory fee revenue, partially offset by increased operating expenses, primarily due to increased salaries and employee benefits offset by decreased professional services expense. AUM increased $1.0 billion, or 13%, to $8.8 billion at September 30, 2013 from $7.8 billion at September 30, 2012, due to positive net flows and investment performance.

Critical Accounting Policies

Critical accounting policies reflect significant judgments and uncertainties, and could potentially result in materially different results under different assumptions and conditions. The Company believes that its most critical accounting policies upon which its financial condition depends, and which involve the most complex or subjective decisions or assessments are the allowance for loan and lease losses, the valuation of goodwill and intangible assets and analysis for impairment, and tax estimates. These policies are discussed in Part II. Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Critical Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012. There have been no changes to these policies through the filing of this Quarterly Report on Form 10-Q.

46

Financial Condition

Condensed Consolidated Balance Sheets and Discussion

	September 30, 2013		December 31, 2012		Increase/ (decrease)			% Change
	(In thousands)
Assets:
Total cash and investments	$	1,066,600	$	1,050,025	$	16,575		2	%
Loans held for sale	1,745		308,390		(306,645		)	(99	)%
Total loans	4,922,222		4,814,136		108,086			2	%
Less: Allowance for loan losses	77,177		84,057		(6,880		)	(8	)%
Net loans	4,845,045		4,730,079		114,966			2	%
Goodwill and intangible assets	131,836		135,054		(3,218		)	(2	)%
Other assets	229,713		241,457		(11,744		)	(5	)%
Total assets	$	6,274,939	$	6,465,005	$	(190,066	)	(3	)%
Liabilities and Equity:
Deposits	$	4,942,765	$	4,885,059	$	57,706		1	%
Deposits held for sale	—		194,084		(194,084		)	(100	)%
Total borrowings	594,452		668,087		(73,635		)	(11	)%
Other liabilities	97,461		95,386		2,075			2	%
Total liabilities	5,634,678		5,842,616		(207,938		)	(4	)%
Redeemable noncontrolling interests	17,224		19,287		(2,063		)	(11	)%
Total shareholders’ equity	623,037		603,102		19,935			3	%
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$	6,274,939	$	6,465,005	$	(190,066	)	(3	)%

Total Assets. Total assets decreased$190.1 million, or 3%, to $6.3 billion at September 30, 2013 from $6.5 billion at December 31, 2012. This decrease was due to the repurchase of the Company’s Series B preferred stock, the sale of the Pacific Northwest banking offices, and the repurchase of a portion of the Company’s junior subordinated debt, offset by the issuance of the Company’s Series D preferred stock.

Cash and Investments. Total cash and investments (consisting of cash and cash equivalents, investment securities, and stock in the FHLBs) increased$16.6 million, or 2%, to $1.1 billion, or 17% of total assets at September 30, 2013 from $1.1 billion, or 16% of total assets at December 31, 2012. The increase was due to the $15.2 million, or 5%, increase in cash and cash equivalents, and the $3.6 million, or 1%, increase in investment securities. The increase in cash and cash equivalents is the net result of short-term fluctuations in liquidity due to changes in levels of deposits, borrowings and loans outstanding. Other increases/decreases in cash during the first nine months of 2013 include the repurchase of the Company’s Series B preferred stock for $69.8 million, the retirement of $33.2 million junior subordinated debt, offset by the issuance of the Company’s Series D preferred stock for $47.8 million, net of issuance costs. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 11: Equity” for further details of the Company’s equity transactions.

The majority of the investments held by the Company are held by the Bank. The Bank’s investment policy requires management to maintain a portfolio of securities which will provide liquidity necessary to facilitate funding of loans, to cover deposit fluctuations, and to mitigate the Bank’s overall balance sheet exposure to interest rate risk, while at the same time earning a satisfactory return on the funds invested. The securities in which the Bank may invest are subject to regulation and are generally limited to securities that are considered “investment grade.”

Investment maturities, redemptions, principal payments, and sales of the Company’s available for sale securities provided $191.6 million of cash proceeds during the nine months ended September 30, 2013, which was used to purchase new investments or fund new loans. The timing of sales and reinvestments is based on various factors, including management’s evaluation of interest rate trends, the credit risk of municipal securities and the Company’s liquidity. The Company’s available for sale investment portfolio carried a total of $4.8 million of unrealized gains and $6.8 million of unrealized losses at September 30, 2013, compared to $9.9 million of unrealized gains and $1.1 million of unrealized losses at December 31, 2012.

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No impairment losses were recognized through earnings related to available for sale securities during the nine months ended September 30, 2013 and 2012. The amount of investment securities in an unrealized loss position greater than 12 months as well as the total amount of unrealized losses was not significant and was primarily due to movements in interest rates since the securities were purchased. At September 30, 2013, the Company had no intent to sell any securities in an unrealized loss position at that date and it is not more likely than not that the Company would be forced to sell any of these securities prior to the full recovery of all unrealized losses.

See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 4: Investments” for further details of the Company’s investment securities.

Loans held for sale. Loans held for sale decreased$306.6 million, or 99%, to $1.7 million at September 30, 2013 from $308.4 million at December 31, 2012. $276.7 million of the December 31, 2012 loans held for sale balance, on the consolidated balance sheet, related to the previously announced agreement to sell the Bank’s three Pacific Northwest offices. The Bank completed the sale during the second quarter of 2013. Excluding the loans held for sale related to the Pacific Northwest transaction, loans held for sale decreased $28.2 million from December 31, 2012 to September 30, 2013. In the first quarter of 2013, the Bank transferred $9.1 million of residential loans from its portfolio into held for sale. These residential loans were then sold during the first quarter of 2013. The balance of loans held for sale is usually related to the timing and volume of residential loans originated for sale and the ultimate sale transaction which is typically executed within a short-time following the loan origination.

Goodwill and intangible assets, net. Goodwill and intangible assets decreased$3.2 million, or 2%, to $131.8 million at September 30, 2013 from $135.1 million at December 31, 2012. The decrease is due to amortization of intangible assets. The Company tests goodwill for impairment on an annual basis and between annual dates if events or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying value, in accordance with ASC 350, Intangibles-Goodwill and Other. Management concluded at September 30, 2013 that there were no triggering events during the nine months then ended. Management will perform its annual goodwill impairment testing in the fourth quarter of 2013. AUM is a significant factor in the assessment of goodwill impairment at the non-banking affiliates. Should net outflows continue or accelerate, and/or the market experiences a significant decline, the risk of goodwill impairment at the investment management affiliates would increase.

Other. Other assets, consisting of OREO, premises and equipment, fees receivable, accrued interest receivable, deferred income taxes, net, and other assets, decreased$11.7 million, or 5%, to $229.7 million at September 30, 2013 compared to $241.5 million at December 31, 2012. Decreases in deferred income taxes, net, OREO, and other assets were offset by increases in fees receivable and premises and equipment.

OREO decreased$2.8 million, or 79%, to $0.8 million at September 30, 2013 from $3.6 million at December 31, 2012. The decrease is due to the sale of four OREO properties during the first half of 2013.

Deferred income taxes, net, decreased$1.4 million, or 2%, to $60.9 million at September 30, 2013 from $62.2 million at December 31, 2012. The decrease is primarily due to current year deferred tax expense, as well as certain stock compensation awards that have expired during the first nine months of 2013, net against the current year tax-effect of other comprehensive income. At September 30, 2013, no valuation allowance on the net deferred tax asset was required, other than for capital losses, due primarily to the expectation of future taxable income, the availability of historical taxable income, and the ability to recover taxes paid in the current and prior years.

Other assets, which consist primarily of Bank-Owned Life Insurance (“BOLI”), prepaid expenses, investment in partnerships, the fair value of interest rate derivatives, and other receivables, decreased$10.3 million, or 8%, to $114.7 million at September 30, 2013 from $125.0 million at December 31, 2012. $3.2 million of the December 31, 2012 other asset balance, on the consolidated balance sheet, relates to the other assets held for sale related to the Pacific Northwest transaction. The decrease is primarily due to the sale of the Pacific Northwest banking offices, the settlement of certain receivables, and decreases in prepaid balances, primarily related to FDIC prepaid insurance premiums, slightly offset by changes in the fair value of other investments.

Deposits. Total deposits increased$57.7 million, or 1%, to $4.9 billion, at September 30, 2013 from $4.9 billion at December 31, 2012. Deposit balances increased during the first nine months of 2013 due to higher money market balances, offset by expected outflows at the beginning of the year from several client accounts with high balances at year end 2012. 

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The following table presents the composition of the Company’s deposits at September 30, 2013 and December 31, 2012:

	September 30, 2013				December 31, 2012
	Balance		as a % of total		Balance		as a % of total
	(In thousands)
Demand deposits	$	1,389,603	28	%	$	1,349,594	28	%
NOW	406,563		8	%	482,647		10	%
Savings	66,027		1	%	87,054		2	%
Money market	2,467,657		50	%	2,297,847		47	%
Certificates of deposit under $100,000	195,777		4	%	211,032		4	%
Certificates of deposit of $100,000 or greater	417,138		9	%	456,885		9	%
Total deposits (1)	$	4,942,765	100	%	$	4,885,059	100	%

____________

(1) Does not include deposits held for sale of $194.1 million at December 31, 2012.

Borrowings. Total borrowings (consisting of securities sold under agreements to repurchase; federal funds purchased, if any; FHLB borrowings; and junior subordinated debentures) decreased$73.6 million, or 11%, to $594.5 million at September 30, 2013 from $668.1 million at December 31, 2012. From time to time, the Bank purchases federal funds from the FHLB and other banking institutions to supplement its liquidity position, however none were outstanding at either September 30, 2013 or December 31, 2012. FHLB borrowings decreased$16.7 million, or 4%, to $391.5 million at September 30, 2013 from $408.1 million at December 31, 2012. FHLB borrowings are generally used to provide additional funding for loan growth when it is in excess of deposit growth and to manage interest rate risk, but can also be used as an additional source of liquidity for the Bank. Repurchase agreements decreased$23.8 million, or 20%, to $92.5 million at September 30, 2013 from $116.3 million at December 31, 2012. Repurchase agreements are generally linked to commercial demand deposit accounts with an overnight sweep feature. In addition, the Company repurchased $33.2 million of the junior subordinated debentures during the first nine months of 2013. In the fourth quarter of 2013, the Company has repurchased an additional $4.1 million of its junior subordinated debentures, which represents the debentures issued by a trust from one of the Bank’s legacy banks: the Charter Financial Trust I.

Other. Other liabilities, which consist primarily of accrued interest, accrued bonus, the fair value of interest rate derivatives, and other accrued expenses increased$2.1 million, or 2%, to $97.5 million at September 30, 2013 from $95.4 million at December 31, 2012. The increase is primarily due to an increase in unfunded commitments for investments in low income housing and community projects, an increase in bonus and compensation accruals, and an increase in deferred rent, partially offset by a decrease in the unrealized loss on interest rate derivatives and a decrease in the severance accrual as the restructuring programs of the prior years conclude.

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Loan Portfolio and Credit Quality

Loans. Total portfolio loans increased$108.1 million, or 2%, to $4.9 billion, or 78%, of total assets at September 30, 2013, from $4.8 billion, or 74%, of total assets at December 31, 2012. Increases in residential loans of $100.6 million, or 5%, commercial real estate loans of $30.7 million, or 2%, and construction and land loans of $17.0 million, or 12%, were partially offset by decreases in home equity and other consumer loans of $22.3 million, or 8%, and commercial and industrial loans of $17.9 million, or 2%.

Geographic concentration. The following table presents the Bank’s outstanding loan balance concentrations at September 30, 2013 based on the location of the lender’s regional offices. Loans from the Holding Company to certain principals of the Company’s affiliates and relating to the sale of a previous affiliate, and loans at the Company’s non-banking segments are identified as “Other, net.” 

	Commercial and Industrial				Commercial Real Estate				Construction and Land				Residential				Home Equity and Other Consumer
	Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent
	(In thousands)
New England	$	671,564	85	%	$	673,428	39	%	$	106,324	69	%	$	1,218,560	61	%	$	195,860	78	%
San Francisco Bay	75,519		10	%	597,405		35	%	34,074		22	%	466,801		23	%	40,400		16	%
Southern California	41,342		5	%	451,198		26	%	14,211		9	%	321,341		16	%	14,049		6	%
Other, net	—		—	%	—		—	%	—		—	%	—		—	%	146		—	%
Total	$	788,425	100	%	$	1,722,031	100	%	$	154,609	100	%	$	2,006,702	100	%	$	250,455	100	%

The allowance for loan losses is reported as a reduction of outstanding loan balances, and totaled $77.2 million and $84.1 million at September 30, 2013 and December 31, 2012, respectively.

The allowance for loan losses at September 30, 2013decreased$6.9 million, or 8%, from December 31, 2012 due to a provision credit of $8.0 million, partially offset by net recoveries. A provision credit of $6.0 million was recorded during the third quarter of 2013 due primarily to net recoveries of $2.4 million in the period and a decline in adversely-classified loans, as well as the continued positive loan portfolio credit quality trends. The allowance for loan losses as a percentage of total loans decreased18 basis points to 1.57% at September 30, 2013 from 1.75% at December 31, 2012. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 7: Allowance for Loan Losses” for an analysis of the Company’s allowance for loan losses.

An analysis of the risk in the loan portfolio, as well as management judgment, is used to determine the estimated appropriate amount of the allowance for loan losses. The Company’s allowance for loan losses is comprised of three primary components (general reserve, allocated reserves on non-impaired special mention and substandard loans, and allocated reserves on impaired loans). In addition, the unallocated portion of the allowance for loan losses, which is not considered a significant component of the overall allowance for loan losses, primarily relates to the inherent imprecision and potential volatility of the allowance for loan losses calculation and the qualitative judgments involved. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 7: Allowance for Loan Losses” and the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for further information.

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The following table presents a summary of loans charged-off, net of recoveries, by geography for the three and nine months ended September 30, 2013 and 2012. The geography assigned to the Private Banking data is based on the location of the lender’s regional offices.

	Three months ended September 30,					Nine months ended September 30,
	2013		2012			2013			2012
	(In thousands)					(In thousands)
Net loans (charged-off)/ recovered:
New England	$	22	$	(3,528	)	$	(2,078	)	$	(4,445	)
San Francisco Bay	2,111		189			778			(1,674		)
Southern California	244		231			2,420			121
Pacific Northwest	—		(817		)	—			(687		)
Total net loans (charged-off)/ recovered	$	2,377	$	(3,925	)	$	1,120		$	(6,685	)

Net recoveries of $2.4 million were recorded in the third quarter of 2013, compared to $3.9 million of net charge-offs in the same period of 2012. Despite the current year net recoveries on previously charged-off commercial loans (including construction and land loans, commercial real estate, and commercial and industrial loans), the Company believes that commercial loans represent the greatest risk of loss due to the size and nature of these loans and the related collateral. Local economic and business conditions in the markets where our Bank offices are located have a significant impact on our commercial loan customers and their ability to service their loans. Of the $1.1 million in net recoveries recorded in the nine months of 2013, $1.1 million were on construction and land loans, $0.8 million were on commercial real estate loans, and $1.0 million were on commercial and industrial loans, offset by net charge-offs of $1.4 million on residential loans and $0.4 million on home equity and consumer loans.

Nonperforming assets. The Company’s nonperforming assets include nonaccrual loans and OREO. OREO consists of real estate acquired through foreclosure proceedings and real estate acquired through acceptance of deeds in lieu of foreclosure. In addition, the Company may, under certain circumstances, restructure loans in troubled debt restructurings as a concession to a borrower when the borrower is experiencing financial distress. Such restructured loans are generally included in impaired loans. Nonperforming assets decreased $12.8 million, or 20%, to $51.6 million, or 0.82% of total assets at September 30, 2013, from $64.4 million, or 1.00% of total assets at December 31, 2012.

The following table presents a rollforward of nonaccrual loans for the three and nine months endedSeptember 30, 2013 and 2012:

	As of and for the three months ended September 30,						As of and for the nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)						(In thousands)
Nonaccrual loans, beginning of period	$	52,289		$	67,357		$	60,745		$	68,109
Transfers in to nonaccrual status	9,672			17,618			37,538			46,950
Transfers out to OREO	—			(233		)	(105		)	(1,136		)
Transfers out to accrual status	(3,245		)	(404		)	(9,504		)	(11,600		)
Charge-offs	(50		)	(5,837		)	(4,188		)	(13,057		)
Paid off/ paid down	(7,874		)	(5,107		)	(33,694		)	(15,872		)
Nonaccrual loans, end of period	$	50,792		$	73,394		$	50,792		$	73,394

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The following table presents a summary of the Private Banking credit quality by geography, based on the location of the lender’s regional offices:

	September 30, 2013		December 31, 2012
	(In thousands)
Nonaccrual loans:
New England	$	30,160	$	28,307
San Francisco Bay	14,218		25,105
Southern California	6,414		7,333
Total nonaccrual loans	$	50,792	$	60,745
Loans 30-89 days past due and accruing (1) (2):
New England	$	2,047	$	20,751
San Francisco Bay	2,317		11,771
Southern California	3,819		13,854
Total loans 30-89 days past due	$	8,183	$	46,376
Accruing substandard loans:
New England	$	12,053	$	27,551
San Francisco Bay	27,049		49,854
Southern California	5,207		12,724
Total accruing substandard loans	$	44,309	$	90,129

_____________________

(1) In addition to loans 30-89 days past due and accruing, the Company had four loans totaling $1.7 million ($1.6 million in the San Francisco Bay region and $0.1 million in the New England region) that were more than 90 days past due but still on accrual status as of September 30, 2013. As of December 31, 2012, the Company had three loans totaling $3.6 million (all in the New England region) that were more than 90 days past due but still on accrual status.

(2) Does not include one loan held for sale, 30-89 days past due and accruing, totaling $0.3 million as of December 31, 2012.

Of the $50.8 million of loans on nonaccrual status at September 30, 2013, $24.6 million, or 48%, had a current payment status; $0.3 million, or 1%, were 30-89 days past due, and $25.9 million, or 51%, were 90 days or more past due. Of the $60.7 million of nonaccrual loans at December 31, 2012, $38.4 million, or 63%, had a current payment status, $11.0 million, or 18%, were 30-89 days past due, and $11.3 million, or 19%, were 90 days or more past due. In these situations, despite the loan’s current payment status, if the Bank has reason to believe it may not collect all principal and interest on the loan in accordance with the related contractual terms, the Bank will generally discontinue the accrual of interest income and will generally apply any payments received to principal. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 6: Loan Portfolio and Credit Quality” for additional detail on the payment status of nonaccrual loans.

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The following table presents a summary of the Private Banking credit quality by loan type. The loan type assigned to the Private Banking credit quality data is based on the purpose of the loan.

	September 30, 2013		December 31, 2012
	(In thousands)
Nonaccrual loans:
Commercial and industrial	$	4,575	$	4,337
Commercial real estate	27,996		41,696
Construction and land	4,920		2,213
Residential	13,140		11,744
Home equity and other consumer	161		755
Total nonaccrual loans	$	50,792	$	60,745
Loans 30-89 days past due and accruing (1):
Commercial and industrial (2)	$	1,141	$	10,894
Commercial real estate	1,543		7,903
Construction and land	692		3,258
Residential	3,758		23,412
Home equity and other consumer	1,049		909
Total loans 30-89 days past due	$	8,183	$	46,376
Accruing substandard loans:
Commercial and industrial	$	6,490	$	9,062
Commercial real estate	22,376		63,953
Construction and land	652		7,369
Residential	13,063		8,072
Home equity and other consumer	1,728		1,673
Total accruing substandard loans	$	44,309	$	90,129

_____________________

(1) In addition to loans 30-89 days past due and accruing, the Company had four loans totaling $1.7 million (two commercial real estate loans totaling $1.6 million and two construction and land loans totaling $0.1 million) that were more than 90 days past due but still on accrual status at September 30, 2013. As of December 31, 2012, the Company had three loans totaling $3.6 million (one commercial and industrial loan totaling $0.3 million, one commercial real estate loan totaling $3.2 million, and one construction and land loan totaling less than $0.1 million) that were more than 90 days past due but still on accrual status.

(2) Does not include one loan held for sale, 30-89 days past due and accruing, totaling $0.3 million as of December 31, 2012.

Nonaccrual and delinquent loans are affected by many factors such as economic and business conditions, interest rates, unemployment levels, and real estate collateral values, among others. In periods of prolonged economic declines, borrowers may become more severely impacted over time as liquidity levels decline and the borrower’s ability to continue to make payments deteriorates. With respect to real estate collateral values, the decline from the peak, as well as the value of the real estate at the time of origination versus the current value can impact the level of problem loans. For instance, if the loan to value ratio at the time of renewal has increased due to the decline in the real estate value since origination, the loan may no longer meet the Bank’s underwriting standards and may be considered for classification as a problem loan dependent upon a review of risk factors.

Delinquencies. At September 30, 2013, accruing loans with an aggregate balance of $8.2 million, or 0.17% of total loans, were 30-89 days past due, a decrease of $38.2 million, or 82%, compared to $46.4 million, or 0.96%, of total loans, at December 31, 2012. Loan delinquencies are generally the result of deteriorating economic conditions of the region and the resulting liquidity impact upon the client. The payment performance of delinquent clients can vary from month to month. Further deterioration in the credit condition of these delinquent loans could lead to the loans going to nonaccrual status and/or being downgraded. Downgrades would generally result in additional provision for loan losses. If the loan is put on nonaccrual

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status, the loan would generally be considered impaired and an impairment analysis would be performed to determine the amount of impairment, if any. Based on the impairment analysis, the provision could be higher or lower than the amount of provision associated with a loan prior to its classification as impaired. Past due loans may be included with accruing substandard loans.

The Bank’s policy is to discontinue the accrual of interest on a loan when the collectability of principal or interest in accordance with the contractual terms of the loan agreement is in doubt. When management determines that it is probable that the Bank will not collect all principal or interest on a loan in accordance with the original loan terms, or in accordance with its restructured terms if the loan is a TDR, the loan is designated as impaired. Impaired loans are usually included within the balance of nonaccrual loans. Certain impaired loans may continue to accrue interest based on factors such as the original restructuring terms, the historical payment performance, the value of collateral, and the financial condition of the borrower. Impaired loans totaled $71.4 million as of September 30, 2013, a decrease of $10.1 million, or 12%, compared to $81.5 million as of December 31, 2012. As of September 30, 2013, $33.5 million of the impaired loans had $4.3 million in specific reserve allocations. The remaining $37.9 million of impaired loans did not have specific reserve allocations due to the adequacy of collateral, prior charge-offs taken, interest collected and applied to principal, or a combination of these items. As of December 31, 2012, $34.1 million of impaired loans had $3.4 million in specific reserve allocations, and the remaining $47.4 million of impaired loans did not have specific reserve allocations.

Loans that are designated as impaired require an analysis to determine the amount of impairment, if any. Impairment would be indicated when the carrying value of the loan exceeds the estimated collateral value, less costs to sell, for collateral dependent loans or the net present value of the projected cash flows, discounted at the loan’s contractual effective interest rate, for loans not considered to be collateral dependent. Generally, shortfalls on collateral dependent loans would result in the impairment amount being charged-off to the allowance for loan losses, and shortfalls on cash flow dependent loans may be carried as specific reserve allocations unless a known loss is determined to have occurred, in which case such known loss is charged-off.

In certain instances, although very infrequent, loans that have become 90 days or more past due may remain on accrual status if the value of the collateral securing the loan is sufficient to cover principal and interest and the loan is in the process of collection. There were $1.7 million of loans past due 90 days or more and still accruing interest at September 30, 2013 and $3.6 million at December 31, 2012.

The Bank’s general policy for returning a loan to accrual status requires the loan to be brought current and for the client to show a history of making timely payments (generally six consecutive months). For troubled debt restructured loans (“TDRs”), a return to accrual status generally requires timely payments for a period of six months in accordance with restructured terms, along with meeting other criteria.

The Bank may, under certain circumstances, restructure loans as a concession to borrowers who are experiencing financial difficulty. Such loans are classified as TDRs and are included in impaired loans. TDRs typically result from the Bank’s loss mitigation activities which, among other things, could include rate reductions, payment extensions, and/ or principal forgiveness. TDRs totaled $59.5 million and $54.5 million at September 30, 2013 and December 31, 2012, respectively. Of the $59.5 million in TDRs at September 30, 2013, $28.0 million were on accrual status. Of the $54.5 million in TDRs at December 31, 2012, $26.7 million were on accrual status.

The Bank continues to evaluate the underlying collateral of each nonaccrual loan and pursue the collection of interest and principal. Where appropriate, the Bank obtains updated appraisals on collateral. Please refer to Part I. Item 1. “Financial Statements and Supplementary Data—Note 6: Loans Receivable” for further information on nonaccruing loans.

Potential Problem Loans. Loans that evidence weakness or potential weakness related to repayment history, the borrower’s financial condition, or other factors are reviewed by the Bank’s management to determine if the loan should be adversely classified. Delinquent loans may or may not be adversely classified depending upon management’s judgment with respect to each individual loan. The Bank classifies certain loans as “substandard,” “doubtful,” or “loss” based on criteria consistent with guidelines provided by banking regulators. Potential problem loans consist of substandard accruing loans that were less than 90 days past due, but where known information about possible credit problems of the related borrowers causes management to have doubts as to the ability of such borrowers to comply with the present loan repayment terms and which may result in classification of such loans as nonperforming at some time in the future. Management cannot predict the extent to which economic conditions may worsen or other factors which may impact borrowers and the potential problem loans. Triggering events for loan downgrades include updated appraisal information, inability of borrowers to cover debt service payments, loss of tenants or notification by the tenant of non-renewal of lease, inability of borrowers to sell completed construction projects, and the inability of borrowers to sell properties. Accordingly, there can be no assurance that other loans

54

will not become 90 days or more past due, be placed on nonaccrual, be restructured, or require increased allowance coverage and provision for loan losses.

The Company has identified approximately $44.3 million in potential problem loans as of September 30, 2013, a decrease of $45.8 million, or 51%, compared to $90.1 million as of December 31, 2012. This decrease was primarily due to potential problem commercial real estate loans which declined $41.6 million, or 65%, to $22.4 million as of September 30, 2013 compared to $64.0 million as of December 31, 2012. Numerous factors impact the level of potential problem loans including economic conditions and real estate values. These factors affect our borrowers’ liquidity and, in some cases, our borrowers’ ability to comply with loan covenants such as debt service coverage. When there is a loss of a major tenant in a commercial real estate building, the appraised value of the building generally declines. Loans may be downgraded when this occurs as a result of the additional risk to the borrower in obtaining a new tenant in a timely manner and negotiating a lease with similar or better terms than the previous tenant. In many cases, these loans are still current and paying as agreed, although future performance may be impacted.

Generally when a collateral dependent loan becomes impaired, an updated appraisal of the collateral, if appropriate, is obtained. If the impaired loan has not been upgraded to a performing status within a reasonable amount of time, the Bank continues to obtain newer appraisals, approximately every 12 to 18 months or sooner, if deemed necessary, especially during periods of declining values.

The past due status of a loan is determined in accordance with its contractual repayment terms. All loan types are reported past due when one scheduled payment is due and unpaid for 30 days or more.

Liquidity

Liquidity is defined as the Company’s ability to generate adequate cash to meet its needs for day-to-day operations and material long and short-term commitments. Liquidity risk is the risk of potential loss if the Company were unable to meet its funding requirements at a reasonable cost. The Company manages its liquidity based on demand, commitments, specific events and uncertainties to meet current and future financial obligations of a short-term nature. The Company’s objective in managing liquidity is to respond to the needs of depositors and borrowers as well as to earnings enhancement opportunities in a changing marketplace.

At September 30, 2013, the Company’s cash and cash equivalents amounted to $323.9 million. The Holding Company’s cash and cash equivalents amounted to $35.8 million at September 30, 2013. In April 2013, the Holding Company issued $50.0 million in Series D preferred stock for net proceeds of $47.8 million, and repurchased its Series B preferred stock for approximately $69.8 million in cash.

In the third quarter of 2013, the Company repurchased $22.7 million of its junior subordinated debentures, which represents the debentures issued by trusts from two of the Bank’s legacy banks: the Gibraltar Financial Statutory Trust I and the First State (CA) Statutory Trust I. As of the filing of this report, the Company has also repurchased the $4.1 million of its junior subordinated debentures issued by the Charter Financial Trust I. For further information on these junior subordinated debentures, see Part II. Item 8. “Financial Statements and Supplementary Data – Note 13: Junior Subordinated Debentures” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Management believes that the Company and the Holding Company have adequate liquidity to meet their commitments for the foreseeable future.

Management is responsible for establishing and monitoring liquidity targets as well as strategies to meet these targets. At September 30, 2013, consolidated cash and cash equivalents and securities available for sale, less securities pledged against current borrowings, amounted to $0.9 billion, or 15% of total assets, compared to $0.9 billion, or 14% of total assets at December 31, 2012.

The Company’s consolidated cash and cash equivalents and securities available for sale, less securities pledged increased $43.9 million, or 5%, in the first nine months of 2013. This increase is primarily due to the sale of the Pacific Northwest banking offices and the increase in deposits, excluding those related to the sale of the Pacific Northwest banking offices. Future loan growth may depend upon the Company’s ability to grow its core deposit levels. In addition, the Company has access to available borrowings through the FHLB totaling $841.1 million as of September 30, 2013 compared to $794.4 million at December 31, 2012. Combined, this liquidity totals $1.8 billion, or 28% of assets and 36% of total deposits as of September 30, 2013 compared to $1.7 billion, or 26% of assets and 34% of total deposits as of December 31, 2012.

55

The Bank has various internal policies and guidelines regarding liquidity, both on and off balance sheet, loans to assets ratio, and limits on the use of wholesale funds. These policies and or guidelines require certain minimum or maximum balances or ratios be maintained at all times. In light of the provisions in the Bank’s internal liquidity policies and guidelines, the Bank carefully manages the amount and timing of future loan growth along with its relevant liquidity policies and balance sheet guidelines.

Holding Company Liquidity. The Company and some of the Company’s majority-owned affiliates hold put and call options that would require the Company to purchase (and the majority-owned affiliates to sell) the remaining noncontrolling interests in these companies at the then fair value generally as determined by the respective agreements. At September 30, 2013, the estimated maximum redemption value for these affiliates related to outstanding put options was $17.2 million, all of which could be redeemed within the next 12 months, under certain circumstances, and is classified on the consolidated balance sheets as redeemable noncontrolling interests. These put and call options are discussed in detail in Part II. Item 8. “Financial Statements and Supplementary Data - Note 14: Noncontrolling Interests” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

The Holding Company’s primary sources of funds are dividends from its affiliates, access to the capital and debt markets, and private equity investments. The Holding Company recognized $5.8 million in net income from discontinued operations during the nine months ended September 30, 2013. The majority of this amount related to a revenue sharing agreement with Westfield Capital Management Company, LLC (“Westfield”). Other than the revenue sharing agreement with Westfield, divestitures are not ongoing sources of funds for the Holding Company. Dividends from the Bank are limited by various regulatory requirements relating to capital adequacy and retained earnings. See Part II. Item 5. “Market for Registrant’s Common Equity, Related Stockholders Matters, and Issuers Purchases of Equity Securities” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for further details.

The Bank pays dividends to the Holding Company depending on its profitability and asset growth. If regulatory agencies were to require banks to increase their capital ratios, or impose other restrictions, it may limit the ability of the Bank to pay dividends to the Holding Company and/or limit the amount that the Bank could grow.

Although the Bank is currently above current regulatory requirements for capital, the Holding Company could downstream additional capital to increase the rate that the Bank could grow. Depending upon the amount of capital downstreamed by the Holding Company, the approval of the Holding Company’s board of directors may be required prior to the payment, if any.

The Company is required to pay interest quarterly on its junior subordinated debentures. Since 2010, the Company has been a party to an interest rate swap to hedge a portion of the cash flow associated with a junior subordinated debenture which converted from a fixed rate to a floating rate on December 30, 2010. The estimated cash outlay for the remaining three months of 2013 for the interest payments, including the effect of the cash flow hedge and the repurchase of $4.1 million of junior subordinated debt in the fourth quarter of 2013, is approximately $1.0 million based on the debt outstanding as of the date of this filing and estimated LIBOR.

The Company is required to pay cash dividends quarterly on its Series D preferred stock, issued in April 2013, at 6.95% per annum. The estimated cash outlay for the remaining three months of 2013 for the Series D preferred stock dividend payments is approximately $0.9 million.

The Company presently plans to pay cash dividends on its common stock on a quarterly basis dependent upon a number of factors such as profitability, Holding Company liquidity, and the Company’s capital levels. However, the ultimate declaration of dividends by the board of directors of the Company will depend on consideration of, among other things, recent financial trends and internal forecasts, regulatory limitations, alternative uses of capital deployment, general economic conditions, and pending regulatory changes to capital requirements. In January 2013, the Company increased its quarterly dividend from $0.01 per share to $0.05 per share. In July 2013, the Company increased its quarterly dividend to $0.07 per share. Based on the current dividend rate and estimated shares outstanding, the Company estimates the amount to be paid out in the remaining three months of 2013 for dividends to common shareholders will be approximately $5.6 million. In April 2013, the Company’s repurchased all of its Series B preferred stock and therefore will not pay additional dividends on these shares.

56

Bank Liquidity. The Bank has established various borrowing arrangements to provide additional sources of liquidity and funding. Management believes that the Bank currently has adequate liquidity available to respond to current demands. The Bank is a member of the FHLB of Boston, and as such, has access to short- and long-term borrowings from that institution. The FHLB can change the advance amounts that banks can utilize based on a bank’s current financial condition as obtained from publicly available data such as FDIC Call Reports. Decreases in the amount of FHLB borrowings available to the Bank would lower its liquidity and possibly limit the Bank’s ability to grow. Management believes that the Bank has adequate liquidity to meet its commitments for the foreseeable future.

In addition to the above liquidity, the Bank has access to the Federal Reserve discount window facility, which can provide short-term liquidity as “lender of last resort,” brokered deposits, and federal funds lines. The use of non-core funding sources, including brokered deposits and borrowings, by the Bank may be limited by regulatory agencies. Generally, the regulatory agencies prefer that banks rely on core-funding sources for liquidity.

From time to time, the Bank purchases federal funds from the FHLB and other banking institutions to supplement its liquidity position. At September 30, 2013, the Bank had unused federal fund lines of credit totaling $196.0 million with correspondent institutions to provide immediate access to overnight borrowings. At September 30, 2013, the Bank had no outstanding borrowings under these federal fund lines. At December 31, 2012, the Bank had unused federal fund lines of credit totaling $236.0 million with correspondent institutions to provide immediate access to overnight borrowings.

If the Bank was no longer able to utilize the FHLB for borrowing, collateral currently used for FHLB borrowings could be transferred to other facilities such as the Federal Reserve’s discount window. In addition, the Bank could increase its usage of brokered deposits. Other borrowing arrangements may have higher rates than the FHLB would typically charge.

Capital Resources

Total shareholders’ equity at September 30, 2013 was $623.0 million, compared to $603.1 million at December 31, 2012, an increase of $19.9 million, or 3%. The increase in shareholders’ equity was primarily the result of net income and stock compensation, partially offset by dividends paid and the net result of issuance of the Series D preferred stock and the repurchase of the Series B preferred stock.

As a bank holding company, the Company is subject to various regulatory capital requirements administered by federal agencies. Failure to meet minimum capital requirements can result in certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a material effect on the Company’s financial statements. For example, under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank, which is a wholly-owned subsidiary of the Company, must meet specific capital guidelines that involve quantitative measures of the Bank’s assets and certain off-balance sheet items as calculated under regulatory guidelines. The Bank’s capital and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Similarly, the Company is also subject to capital requirements administered by the Federal Reserve with respect to certain non-banking activities, including adjustments in connection with off-balance sheet items.

To be categorized as “well capitalized,” the Company and the Bank must maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the regulatory capital and capital ratios table, below. In addition, the Company and the Bank cannot be subject to any written agreement, order or capital directive or prompt corrective action to be considered “well capitalized.” Both the Company and the Bank maintain capital at levels that would be considered “well capitalized” as of September 30, 2013 under the applicable regulations.

The following table presents the Company’s and the Bank’s amount of regulatory capital and related ratios as of September 30, 2013 and December 31, 2012. Also presented are the capital guidelines established by the Federal Reserve, which pertain to the Company, and by the FDIC, which pertains to the Bank. To be categorized as “adequately capitalized” or “well capitalized,” the Company and the Bank must be in compliance with these ratios as long as the Company and/or the Bank are not subject to any written agreement, order, capital directive, or prompt corrective action directive. The Federal Reserve, the FDIC, and the Massachusetts Commissioner of Banks may impose higher capital ratios than those listed below based on the results of regulatory exams.

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	Actual				For capital adequacy purposes (at least)				To be well capitalized under prompt corrective action provisions (at least)
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(In thousands)
As of September 30, 2013
Total risk-based capital
Company	$	678,168	15.20	%	$	356,873	8.00	%	$	446,091	10.00	%
Boston Private Bank	616,565		13.92		354,285		8.00		442,856		10.00
Tier I risk-based capital
Company	622,017		13.94		178,436		4.00		267,655		6.00
Boston Private Bank	560,914		12.67		177,142		4.00		265,714		6.00
Tier I leverage capital
Company	622,017		10.25		242,818		4.00		303,522		5.00
Boston Private Bank	560,914		9.36		239,663		4.00		299,579		5.00
As of December 31, 2012
Total risk-based capital
Company	$	676,206	14.61	%	$	370,223	8.00	%	$	462,779	10.00	%
Boston Private Bank	594,422		12.94		367,522		8.00		459,402		10.00
Tier I risk-based capital
Company	617,965		13.35		185,112		4.00		277,667		6.00
Boston Private Bank	536,649		11.68		183,761		4.00		275,641		6.00
Tier I leverage capital
Company	617,965		9.94		248,692		4.00		310,865		5.00
Boston Private Bank	536,649		8.73		245,755		4.00		307,194		5.00

Bank regulatory authorities restrict the Bank from lending or advancing funds to, or investing in the securities of, the Company. Further, these authorities restrict the amounts available for the payment of dividends by the Bank to the Company.

As of September 30, 2013, the Company has sponsored the creation of, or assumed sponsorship of, five statutory trusts for the sole purpose of issuing trust preferred securities and investing the proceeds in junior subordinated debentures of the Company. As of the filing of this report, the Company has repurchased all outstanding debentures of three of the five statutory trusts. In accordance with ASC 810-10-55, Consolidation - Overall - Implementation Guidance and Illustrations - Variable Interest Entities, these statutory trusts created by, or assumed by, the Company are not consolidated into the Company’s financial statements; however, the Company reflects the amounts of junior subordinated debentures payable to the preferred stockholders of statutory trusts as debt in its financial statements. As of September 30, 2013, all $104.0 million of the net balance of these trust preferred securities qualified as Tier I capital. As of December 31, 2012, all $136.5 million of the net balance of these trust preferred securities qualified as Tier I capital.

Results of operations for the three and nine months ended September 30, 2013 versus September 30, 2012

Net Income. The Company recorded net income from continuing operations for the three and nine months ended September 30, 2013 of $17.9 million and $49.8 million, respectively, compared to $15.7 million and $36.8 million, respectively, for the same periods in 2012. Net income attributable to the Company, which includes income from both continuing and discontinued operations, for the three and nine months ended September 30, 2013 was $18.3 million and $52.9 million, respectively, compared to $16.5 million and $40.2 million, respectively, for the same periods in 2012.

The Company recognized diluted EPS from continuing operations for the three and nine months ended September 30, 2013 of $0.20 and $0.41 per share, respectively, compared to $0.17 and $0.39 per share, respectively, for the same periods in 2012. Diluted EPS attributable to common shareholders, which includes both continuing and discontinued operations, for the three and nine months ended September 30, 2013 was $0.22 and $0.48 per share, respectively, compared to $0.19 and $0.46 per share, respectively, for the same periods in 2012. Net income from continuing operations in both 2013 and 2012 was offset by charges that reduce income available to common shareholders. The second quarter 2013 repurchase of the Series B preferred

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stock for $69.8 million resulted in a deemed dividend, which reduced net income available to common shareholders by $11.7 million and diluted EPS by $0.14 per share. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 2: Earnings Per Share” for further detail on these charges to income available to common shareholders.

The following discussions are based on the Company’s continuing operations, unless otherwise stated.

The following table presents selected financial highlights:

	Three months ended September 30,						% Change		Nine months ended September 30,					% Change
	2013			2012					2013			2012
	(In Thousands)
Net interest income	$	42,302		$	46,366		(9	)%	$	130,477		$	137,730	(5	)%
Fees and other income	30,094			28,604			5	%	101,546			84,067		21	%
Total revenue	72,396			74,970			(3	)%	232,023			221,797		5	%
Provision/ (credit) for loan losses	(6,000		)	(4,000		)	50	%	(8,000		)	1,700		nm
Operating expense	51,953			58,150			(11	)%	165,205			169,112		(2	)%
Income tax expense	8,557			5,124			67	%	25,005			14,215		76	%
Net income from continuing operations	17,886			15,696			14	%	49,813			36,770		35	%
Net income from discontinued operations	1,321			1,672			(21	)%	5,824			5,816		—	%
Less: Net income attributable to noncontrolling interests	871			855			2	%	2,770			2,407		15	%
Net income attributable to the Company	$	18,336		$	16,513		11	%	$	52,867		$	40,179	32	%

Net interest income. Net interest income represents the difference between interest earned, primarily on loans and investments, and interest paid on funding sources, primarily deposits and borrowings. Interest rate spread is the difference between the average rate earned on total interest-earning assets and the average rate paid on total interest-bearing liabilities. NIM is the amount of net interest income, on a fully taxable-equivalent (“FTE”) basis, expressed as a percentage of average interest-earning assets. The average rate earned on earning assets is the amount of annualized taxable equivalent interest income expressed as a percentage of average earning assets. The average rate paid on interest-bearing liabilities is equal to annualized interest expense as a percentage of average interest-bearing liabilities. When credit quality declines and loans are placed on nonaccrual status, NIM can decrease because the same assets are earning less income. Loans that are graded substandard but are still accruing interest income of $44.3 million at September 30, 2013 could be placed on nonaccrual status if their credit quality declines further.

Net interest income for the three months ended September 30, 2013 was $42.3 million, a decrease of $4.1 million, or 9%, compared to the same period in 2012. The decrease for the three months is due to lower average yields on loans and decreased volume of loans and cash and investments, partially offset by a decrease in volume of borrowings and lower average rates paid on the Company’s deposits and borrowings. The NIM was 2.99% and 3.11% for the three months ended September 30, 2013 and 2012, respectively. Net interest income for the nine months ended September 30, 2013 was $130.5 million, a decrease of $7.3 million, or 5%, compared to the same period in 2012. The decrease for the nine months is due to lower average yields on loans and investments and increased volume of deposits, partially offset by lower average rates paid on the Company’s deposits and borrowings and a decrease in volume of borrowings. For the nine months ended September 30, 2013, NIM was 3.08%, a decrease of 19 basis points compared to the same period in 2012.

The following table presents the composition of the Company’s NIM on a FTE basis for the three and nine months ended September 30, 2013 and 2012; however, the discussion following these tables reflects non-FTE data.

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	Average Balance				Interest Income/Expense				Average Yield/Rate
(In Thousands)	As of and for the three months ended September 30,
AVERAGE BALANCE SHEET:	2013		2012		2013		2012		2013		2012
AVERAGE ASSETS
Interest-Earning Assets:
Cash and Investments (1):
Taxable investment securities	$	244,408	$	271,990	$	548	$	890	0.90	%	1.31	%
Non-taxable investment securities (2)	209,511		188,183		1,148		1,221		2.19	%	2.60	%
Mortgage-backed securities	263,380		257,680		1,338		1,537		2.03	%	2.38	%
Federal funds sold and other	244,622		440,586		273		290		0.44	%	0.26	%
Total Cash and Investments	961,921		1,158,439		3,307		3,938		1.37	%	1.36	%
Loans: (3)
Commercial and Construction (2)	2,657,121		2,768,279		30,435		33,932		4.48	%	4.88	%
Residential	1,984,565		2,038,277		15,782		18,230		3.18	%	3.58	%
Home Equity and Other Consumer	258,579		280,366		2,003		2,236		3.07	%	3.17	%
Total Loans	4,900,265		5,086,922		48,220		54,398		3.88	%	4.26	%
Total Earning Assets	5,862,186		6,245,361		51,527		58,336		3.47	%	3.72	%
Less: Allowance for Loan Losses	81,262		99,778
Cash and due from Banks (non-interest bearing)	40,164		42,688
Other Assets (4)	375,910		412,559
TOTAL AVERAGE ASSETS	$	6,196,998	$	6,600,830
AVERAGE LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND SHAREHOLDERS’ EQUITY
Interest-Bearing Liabilities:
Deposits:
Savings and NOW	$	492,983	$	458,499	$	97	$	127	0.08	%	0.11	%
Money Market	2,425,333		2,260,748		1,782		2,206		0.29	%	0.39	%
Certificates of Deposits	627,166		805,540		1,327		1,873		0.84	%	0.92	%
Total Deposits	3,545,482		3,524,787		3,206		4,206		0.36	%	0.47	%
Junior Subordinated Debentures	125,729		168,288		1,119		1,507		3.48	%	3.50	%
FHLB Borrowings and Other	501,263		637,471		2,762		3,953		2.16	%	2.43	%
Total Interest-Bearing Liabilities	4,172,474		4,330,546		7,087		9,666		0.67	%	0.88	%
Noninterest Bearing Demand Deposits	1,277,319		1,561,135
Payables and Other Liabilities (4)	114,588		105,914
Total Average Liabilities	5,564,381		5,997,595
Redeemable Noncontrolling Interests	17,688		18,496
Average Shareholders’ Equity	614,929		584,739
TOTAL AVERAGE LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND SHAREHOLDERS’ EQUITY	$	6,196,998	$	6,600,830
Net Interest Income - on a FTE Basis					$	44,440	$	48,670
FTE Adjustment (2)					2,138		2,304
Net Interest Income (GAAP Basis)					$	42,302	$	46,366
Interest Rate Spread									2.80	%	2.84	%
Net Interest Margin									2.99	%	3.11	%

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	Average Balance				Interest Income/Expense				Average Yield/Rate
(In Thousands)	As of and for the nine months ended September 30,
AVERAGE BALANCE SHEET:	2013		2012		2013		2012		2013		2012
AVERAGE ASSETS
Interest-Earning Assets:
Cash and Investments (1):
Taxable investment securities	$	216,472	$	329,337	$	1,555	$	3,225	0.96	%	1.31	%
Non-taxable investment securities (2)	206,344		189,536		3,635		3,718		2.35	%	2.62	%
Mortgage-backed securities	291,815		251,593		4,080		4,743		1.86	%	2.51	%
Federal funds sold and other	189,503		245,485		624		511		0.44	%	0.28	%
Total Cash and Investments	904,134		1,015,951		9,894		12,197		1.46	%	1.60	%
Loans: (3)
Commercial and Construction (2)	2,721,191		2,683,936		94,277		101,096		4.57	%	5.03	%
Residential	1,983,966		1,941,345		48,809		54,037		3.28	%	3.71	%
Home Equity and Other Consumer	265,913		297,532		5,974		7,331		3.00	%	3.29	%
Total Loans	4,971,070		4,922,813		149,060		162,464		3.97	%	4.41	%
Total Earning Assets	5,875,204		5,938,764		158,954		174,661		3.58	%	3.93	%
Less: Allowance for Loan Losses	83,090		99,164
Cash and due from Banks (non-interest bearing)	41,780		59,085
Other Assets (4)	391,399		445,116
TOTAL AVERAGE ASSETS	$	6,225,293	$	6,343,801
AVERAGE LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND SHAREHOLDERS’ EQUITY
Interest-Bearing Liabilities:
Deposits (5):
Savings and NOW	$	530,701	$	497,128	$	336	$	659	0.08	%	0.18	%
Money Market	2,365,310		2,116,993		5,495		6,490		0.31	%	0.41	%
Certificates of Deposits	658,464		863,646		4,281		6,395		0.87	%	0.99	%
Total Deposits	3,554,475		3,477,767		10,112		13,544		0.38	%	0.52	%
Junior Subordinated Debentures	132,117		174,665		3,429		4,950		3.42	%	3.72	%
FHLB Borrowings and Other	540,788		684,626		8,777		12,519		2.14	%	2.40	%
Total Interest-Bearing Liabilities	4,227,380		4,337,058		22,318		31,013		0.70	%	0.95	%
Noninterest Bearing Demand Deposits	1,251,112		1,305,344
Payables and Other Liabilities (4)	117,505		108,116
Total Average Liabilities	5,595,997		5,750,518
Redeemable Noncontrolling Interests	18,193		20,001
Average Shareholders’ Equity	611,103		573,282
TOTAL AVERAGE LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND SHAREHOLDERS’ EQUITY	$	6,225,293	$	6,343,801
Net Interest Income - on a FTE Basis					$	136,636	$	143,648
FTE Adjustment (2)					6,159		5,918
Net Interest Income (GAAP Basis)					$	130,477	$	137,730
Interest Rate Spread									2.88	%	2.98	%
Net Interest Margin									3.08	%	3.23	%

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________________________

(1) Investments classified as available for sale are shown in the average balance sheet at amortized cost.

(2) Interest income on non-taxable investments and loans is presented on a FTE basis using statutory rates. The discussion following these tables reflects non-FTE data.

(3) Includes loans held for sale and nonaccrual loans.

(4) Includes assets and liabilities of discontinued operations, if any.

(5) Includes deposits held for sale.

Interest and Dividend Income. Interest and dividend income for the three months ended September 30, 2013was $49.4 million, a decrease of $6.6 million, or 12%, compared to the same period in 2012. Interest and dividend income for the nine months ended September 30, 2013 was $152.8 million, a decrease of $15.9 million, or 9%, compared to the same period in 2012. The decrease was primarily due to lower yields on loans and investments, partially offset by increased average loan volume, and a shift in the mix of interest-bearing assets from cash and investments into the loan portfolio.

The Bank generally has interest income that is either recovered or reversed related to nonaccruing loans each quarter. Based on the net amount recovered or reversed, the impact on interest income and related yields can be either positive or negative. In addition, the Bank collects prepayment penalties on certain commercial loans that pay off prior to maturity which could also impact interest income and related yields positively. The amount and timing of prepayment penalties varies from quarter to quarter.

Interest income on commercial loans (including construction loans), on a non-FTE basis, for the three months ended September 30, 2013was $28.7 million, a decrease of $3.4 million, or 11%, compared to the same period in 2012 as a result of a 4% decrease in the average balance and a 12 basis point decrease in the average yield. For the nine months ended September 30, 2013, commercial interest income was $89.4 million, a decrease of $7.1 million, or 7%, compared to the same period in 2012 as a result of a 46 basis point decrease in the average yield, partially offset by a 1% increase in the average balance. The increase in the average balance for the nine month period is related to the organic growth of the commercial loan portfolio at the Bank, as discussed above in Part I. Item 2. “Management’s Discussion and Analysis - Loan Portfolio and Credit Quality.” The decrease in the average yield for the three and nine month periods is the result of market conditions leading to lower rates due to competition for higher quality loans.

Interest income on residential mortgage loans for the three months ended September 30, 2013 was $15.8 million, a decrease of $2.4 million, or 13%, compared to the same period in 2012 as a result of a 45 basis point decrease in the average yield, and a 3% decrease in the average balance. For the nine months ended September 30, 2013, residential mortgage interest income was $48.8 million, a decrease of $5.2 million, or 10%, compared to the same period in 2012 as a result of a 43 basis point decrease in the average yield, partially offset by a 2% increase in the average balance. The decrease in the average yield for the three and nine month periods was primarily due to adjustable rate mortgage (“ARM”) loans repricing to lower rates, clients refinancing into lower rates and new loan originations at historically low rates. The decline in U.S. Treasury yields over the repricing periods, the index to which the ARMs are typically linked, has decreased the yields on these mortgage loans. The increase in the average balances for the nine month period was due to the organic growth of the residential loan portfolio at the Bank.

Interest income on home equity and other consumer loans for the three months ended September 30, 2013 was $2.0 million, a decrease of $0.2 million, or 10%, compared to the same period in 2012, as a result of a ten basis point decrease in the average yield and an 8% decrease in the average balance. For the nine months ended September 30, 2013, home equity and other consumer loan interest income was $6.0 million, a decrease of $1.4 million, or 19%, compared to the same period in 2012 as a result of a 29 basis point decrease in the average yield and a 10% decrease in the average balance. The decrease in average yield is primarily due to lower market rates on consumer loans. The decrease in average balance reflects lower client demand.

Investment income, on a non-FTE basis, for the three months ended September 30, 2013 was $2.9 million, a decrease of $0.6 million, or 17%, compared to the same period in 2012, as a result of a 17% decrease in the average balance. For the nine months ended September 30, 2013, investment income was $8.6 million, a decrease of $2.2 million, or 21%, compared to the same period in 2012, as a result of a 14 basis point decrease in the average yield and an 11% decrease in the average balance. The decrease in the average balance is primarily due to timing and volume of deposit balances as compared to the level of loans outstanding. Investment decisions are made based on anticipated liquidity, loan demand, and asset-liability management considerations.

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Interest expense. Interest expense on deposits and borrowings for the three months ended September 30, 2013 was $7.1 million, a decrease of $2.6 million, or 27%, compared to the same period in 2012. For the nine months ended September 30, 2013, interest expense on deposits and borrowings was $22.3 million, a decrease of $8.7 million, or 28% compared to the same period in 2012.

Interest expense on deposits for the three months ended September 30, 2013 was $3.2 million, a decrease of $1.0 million, or 24%, compared to the same period in 2012, as a result of an 11 basis point decrease in the average rate paid, partially offset by a 1% increase in the average balance. For the nine months ended September 30, 2013, interest expense on deposits was $10.1 million, a decrease of $3.4 million, or 25%, compared to the same period in 2012, as a result of a 14 basis point decrease in the average rate paid, partially offset by a 2% increase in the average balance. The decrease in the average rate paid was primarily due to the Bank’s ability to lower interest rates on all account types due to the low interest rate environment.

Interest paid on borrowings for the three months ended September 30, 2013 was $3.9 million, a decrease of $1.6 million, or 29%, compared to the same period in 2012, as a result of a 22 basis point decrease in the average rate paid and a 22% decrease in the average balance. For the nine months ended September 30, 2013, interest paid on borrowings was $12.2 million, a decrease of $5.3 million, or 30%, as a result of a 27 basis point decrease in the average rate paid and a 22% decrease in the average balance. The decrease in the average rate paid is primarily due to the higher-rate FHLB borrowings maturing and being replaced at lower rates, and the repurchase of a portion of the Company’s junior subordinated debt in 2012 and 2013 and the prepayment of repurchase agreements in 2012 and the first half of 2013.

Provision/ (credit) for loan losses. The provision/ (credit) for loan losses for the three months ended September 30, 2013 was a credit of $6.0 million, a decrease of $2.0 million, or 50%, compared to the same period in 2012. For the nine months ended September 30, 2013, the provision/ (credit) for loan losses was a credit of $8.0 million, a decrease of $9.7 million, or over 100%, compared to the same period in 2012. The credit to the provision is primarily due to net recoveries of previously charged-off loan amounts and the significant reduction in adversely-classified loans.

The provision/ (credit) for loan losses is determined as a result of the required level of the allowance for loan losses, estimated by management, which reflects the inherent risk of loss in the loan portfolio as of the balance sheet dates. The factors used by management to determine the level of the allowance for loan losses include the trends in problem loans, economic and business conditions, strength of management, real estate collateral values, and underwriting standards. For further details, see Part I. Item 2. “Management’s Discussion and Analysis - Loan Portfolio and Credit Quality” above.

Fees and other income. Fees and other income for the three months ended September 30, 2013 was $30.1 million, an increase of $1.5 million, or 5%, compared to the same period in 2012. For the nine months ended September 30, 2013, fees and other income was $101.5 million, an increase of $17.5 million, or 21%, compared to the same period in 2012. Excluding the $10.6 million gain on sale of the Pacific Northwest banking offices, fee and other income for the nine months ended September 30, 2013 was $91.0 million, an increase of $6.9 million, or 8%, compared to the same period in 2012. Other than the gain on sale of the Pacific Northwest banking offices, factors affecting the increase are higher investment management and trust fees and higher wealth advisory fees, partially offset by lower gain from the repurchase of debt.

Investment management and trust fees for the three months ended September 30, 2013 was $17.0 million, an increase of $1.1 million, or 7%, compared to the same period in 2012. For the nine months ended September 30, 2013, investment management and trust fee income was $51.2 million, an increase of $4.6 million, or 10%, compared to the same period in 2012. AUM at the Bank and Investment Managers increased $1.6 billion, or 13%, in the past twelve months to $14.0 billion at September 30, 2013. The increase is due to market appreciation. Investment management and trust fees from the Bank and Investment Managers are typically calculated based on a percentage of AUM, and approximately 48% of the third quarter 2013 investment management and trust fee revenues were earned based upon beginning-of-period (June 30, 2013) AUM for the quarter. Changes in revenue generally lag behind changes in AUM, and accordingly, we expect slightly higher levels of investment management and trust revenue in the fourth quarter of 2013, as compared to the third quarter of 2013.

Wealth advisory fee income for the three months ended September 30, 2013 was $10.7 million, an increase of $1.2 million, or 13%, compared to the same period in 2012. For the nine months ended September 30, 2013, wealth advisory fee income was $31.1 million, an increase of $3.2 million, or 11%, compared to the same period in 2012. AUM as of September 30, 2013 managed by the Wealth Advisors was $8.8 billion, an increase of $1.0 billion, or 13%, compared to September 30, 2012.

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Gain on repurchase of debt for the nine months ended September 30, 2013 was $0.6 million, a decrease of $2.0 million, or 76%, compared to the same period in 2012. During the first half of 2013, the Company repurchased $10.5 million of its junior subordinated debt and recognized a gain of $0.6 million. In the third quarter of 2013, the Company repurchased $22.7 million of its junior subordinated debentures, which represents the debentures issued by trusts from two of the Bank’s legacy banks: the Gibraltar Financial Statutory Trust I and the First State (CA) Statutory Trust I. In the fourth quarter of 2013, the Company has repurchased an additional $4.1 million of its junior subordinated debentures, which represents the debentures issued by a trust from one of the Bank’s legacy banks: the Charter Financial Trust I. The repurchases of the legacy banks’ junior subordinated debentures are made at par, and therefore no gain or loss is recorded on repurchase. The Company used available cash on hand to repurchase the securities.

The Company recorded a gain on the sale of the Bank’s Pacific Northwest offices for the nine months ended September 30, 2013 of $10.6 million. The sale of the Bank’s three Pacific Northwest offices, which was announced in December 2012, was completed in May 2013.

Operating Expense. Operating expense for the three months ended September 30, 2013 was $52.0 million, a decrease of $6.2 million, or 11%, compared to the same period in 2012. For the nine months ended September 30, 2013, operating expense was $165.2 million, a decrease of $3.9 million, or 2%, compared to the same period in 2012. Included in operating expense for the three and nine months ended September 30, 2012 are restructuring expenses of $3.6 million and $4.3 million, respectively. Excluding restructuring, operating expense for the three months ended September 30, 2013decreased$2.6 million, or 5%, and remained flat for the nine months then ended. The decrease for the three months ended September 30, 2013 is primarily due to decreases in salaries and employee benefits, occupancy and equipment, and FDIC insurance expense. For the nine months ended September 30, 2013, increases in marketing, contract services and data processing, and other were offset by decreases in salaries and employee benefits, occupancy and equipment, and professional fees.

Salaries and employee benefits expense, the largest component of operating expense, for the three months ended September 30, 2013 was $33.1 million, a decrease of $1.6 million, or 5%, compared to the same period in 2012. For the nine months ended September 30, 2013, salaries and employee benefits was $104.6 million, a decrease of $1.5 million, or 1%, compared to the same period in 2012. The decrease is primarily due to efficiencies resulting from the sale of the Bank’s Pacific Northwest offices and management restructuring, partially offset by higher commission-based compensation and post-employment benefits.

Occupancy and equipment expense for the three months ended September 30, 2013 was $7.3 million, a decrease of $0.8 million, or 10%, compared to the same period in 2012. For the nine months ended September 30, 2013, occupancy and equipment was $22.4 million, a decrease of $0.9 million, or 4%, compared to the same period in 2012. The decrease is primarily related to the sale of the Bank’s Pacific Northwest offices and savings on a renegotiated lease.

Professional services for the three months ended September 30, 2013 was $3.5 million, which is flat compared to the same period in 2012. For the nine months ended September 30, 2013, professional services was $8.7 million, a decrease of $0.7 million, or 8%, compared to the same period in 2012. The decrease is primarily due to lower consulting and legal expenses for loan workout matters, as well as decreases in director fees, partially offset by increased internal audit and compliance fees.

Marketing expense for the three months ended September 30, 2013 was $1.2 million, a decrease of $0.1 million, or 11%, compared to the same period in 2012. For the nine months ended September 30, 2013, marketing was $5.4 million, an increase of $1.0 million, or 22%, compared to the same period in 2012. The nine month increase is primarily due to a new marketing program at the Bank during the first half of 2013.

Contract services and data processing expense for the three months ended September 30, 2013 was $1.5 million, an increase of 1% compared to the same period in 2012. For the nine months ended September 30, 2013, contract services and data processing expense was $4.5 million, an increase of $0.5 million, or 13%, compared to the same period in 2012. The nine month increase is primarily related to higher custody fees and system expenses, which are based on AUM levels.

FDIC insurance for the three months ended September 30, 2013 was $0.8 million, a decrease of $0.3 million, or 28%, compared to the same period in 2012. For the nine months ended September 30, 2013, FDIC insurance was $2.8 million, a decrease of $0.2 million, or 5%, compared to the same period in 2012. The decrease is primarily due to lower insurance rates and a lower asset level due to the sale of the Bank’s Pacific Northwest offices.

Other expenses for the three months ended September 30, 2013 was $3.6 million, an increase of $0.2 million, or 7%, compared to the same period in 2012. For the nine months ended September 30, 2013, other expenses was $13.5 million, an increase of $2.1 million, or 18%, compared to the same period in 2012. The increase for the nine month period is primarily due to a liability restructuring charge and a tax related reserve.

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Income Tax Expense. Income tax expense for continuing operations for the three and nine months endedSeptember 30, 2013 was an expense of $8.6 million, and $25.0 million, respectively. The effective tax rate for continuing operations for the nine months ended September 30, 2013 was 33.4%, compared to an effective tax rate of 27.9% for the same period in 2012. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 9: Income Taxes” for further detail.

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The amendments to this update require entities to present information about reclassifications out of accumulated other comprehensive income in a single note or on the face of the financial statements. The new guidance was effective for fiscal years, and interim periods within those years, beginning after December 15, 2012, with early adoption permitted. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

In July 2012, the FASB issued updated guidance, ASU 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. The amendments in this update regarding the impairment testing applicable to indefinite-lived intangible assets, is similar to the impairment guidance issued in ASU 2011-08, Intangibles - Goodwill and Other (Topic 350): Testing Goodwill for Impairment, applicable to goodwill. Under the updated guidance, an entity may assess qualitative factors (such as changes in management, key personnel, strategy, key technology or customers) that may impact the fair value of the indefinite-lived intangible asset and lead to the determination that it is more likely than not that the fair value of the asset is less than its carrying value. If an entity determines that it is more likely than not that the fair value of the intangible asset is less than its carrying value, an impairment test must be performed. The impairment test requires an entity to calculate the estimated fair value of the indefinite-lived intangible asset. If the carrying value of the indefinite-lived intangible asset exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess. The updated guidance is effective for annual and interim indefinite-lived intangible asset impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted provided the company has not yet performed its 2012 impairment test or issued its financial statements. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

In December 2011, the FASB issued new guidance, ASU 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities and in January 2013, the FASB issued ASU 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. ASU 2011-11 requires entities to disclose both gross and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. ASU 2013-01 limits the scope of disclosures to derivatives, repurchase agreements and securities lending arrangements. The new guidance is effective for fiscal years, and interim periods within those years, beginning after January 1, 2013 and requires a retrospective application for all comparative periods which are presented. The adoption of these ASUs did not have a material effect on the Company’s consolidated financial statements.

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Item 3.     Quantitative and Qualitative Disclosures about Market Risk

There have been no material changes in the Interest Rate Sensitivity and Market Risk as described in Part II. Item 7A. “Quantitative and Qualitative Disclosures About Market Risk – Interest Rate Sensitivity and Market Risk” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Item 4.     Controls and Procedures

(a) Evaluation of disclosure controls and procedures.

As required by Rule 13a-15 under the Exchange Act, the Company has evaluated, with the participation of management, including the Chief Executive Officer and Chief Financial Officer, as of the end of the period covered by this report, the effectiveness of the design and operation of its disclosure controls and procedures. In designing and evaluating the Company’s disclosure controls and procedures, the Company and its management recognize that any controls and procedures, no matter how well designed and operated, can provide only a reasonable assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating and implementing possible controls and procedures.

Based on such evaluation, the Chief Executive Officer and Chief Financial Officer have concluded that such disclosure controls and procedures were effective as of September 30, 2013 in ensuring that material information required to be disclosed by the Company, including its consolidated subsidiaries, was made known to the certifying officers by others within the Company and its consolidated subsidiaries in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reporting within the time periods specified in the SEC rules and forms. On a quarterly basis, the Company evaluates the disclosure controls and procedures, and may from time to time make changes aimed at enhancing their effectiveness and to ensure that the Company’s systems evolve with its business.

(b) Change in internal controls over financial reporting.

There have been no changes in the Company’s internal controls over financial reporting that occurred during the quarter ended September 30, 2013, that have materially affected, or are reasonably likely to materially affect, the Company’s internal controls over financial reporting.

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PART II. Other Information

Item 1.     Legal Proceedings

The Company is involved in various legal proceedings. In the opinion of management, final disposition of these proceedings will not have a material adverse effect on the financial condition or results of operations of the Company.

Item 1A.     Risk Factors

In addition to the risk factor discussed below and other information set forth in this report, you should carefully consider the risks described in Part I. Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2012 as filed with the SEC.

We will become subject to more stringent capital requirements.

The Dodd-Frank Wall Street Reform and Consumer Protection Act, or the “Dodd-Frank Act,” required the federal banking agencies to establish minimum leverage and risk-based capital requirements for insured banks and their holding companies. The federal banking agencies issued a joint final rule, or the “Final Capital Rule,” that implements the Basel III capital standards and establishes the minimum capital levels required under the Dodd-Frank Act. We must comply with the Final Capital Rule by January 1, 2015. The Final Capital Rule establishes a minimum common equity Tier I capital ratio of 6.5% of risk-weighted assets for a “well capitalized” institution and increases the minimum Tier I capital ratio for a “well capitalized” institution from 6% to 8%. Additionally, the Final Capital Rule requires an institution to maintain a 2.5% common equity Tier I capital conservation buffer to avoid restrictions on the ability to pay dividends, discretionary bonuses, and to engage in share repurchases. If these requirements were in place at September 30, 2013, the Company would meet these minimum requirements. The Final Capital Rule permanently grandfathers trust preferred securities issued before May 19, 2010 for institutions with less than $15 billion in total assets as of December 31, 2009, subject to a limit of 25% of Tier I capital. The Final Capital Rule increases the required capital for certain categories of assets, including high volatility construction real estate loans and certain exposures related to securitizations; however, the Final Capital Rule retains the current capital treatment of residential mortgages. Under the Final Capital Rule, we may make a one-time, permanent election to continue to exclude accumulated other comprehensive income from capital. If we do not make this election, unrealized gains and losses, net of taxes, will be included in the calculation of our regulatory capital. Implementation of these standards, or any other new regulations, may adversely affect our ability to pay dividends, or require us to reduce business levels or raise capital, including in ways that may adversely affect our results of operations or financial condition.

Item 2.     Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3.     Defaults Upon Senior Securities

None.

Item 4.     Mine Safety Disclosures

Not applicable.

Item 5.     Other Information

None.

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Item 6.     Exhibits

(a) Exhibits

Exhibit No.	Description	Incorporated by Reference			Filed or Furnished with this 10-Q
		Form	SEC Filing Date	Exhibit Number
31.1	Certification of Chief Executive Officer pursuant to Rule 13a - 14(a)/15d - 14(a) under the Securities Exchange Act of 1934				Filed
31.2	Certification of Chief Financial Officer pursuant to Rule 13a - 14(a)/15d - 14(a) under the Securities Exchange Act of 1934				Filed
32.1	Certification of the Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002				Furnished
32.2	Certification of the Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002				Furnished
101.INS	XBRL Instance Document				Furnished
101.SCH	XBRL Taxonomy Extension Schema Document				Furnished
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document				Furnished
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document				Furnished
101.LAB	XBRL Taxonomy Extension Label Linkbase Document				Furnished
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document				Furnished

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	BOSTON PRIVATE FINANCIAL HOLDINGS, INC.
	/s/ CLAYTON G. DEUTSCH
November 6, 2013	Clayton G. Deutsch
	Chief Executive Officer and President
	/s/ DAVID J. KAYE
November 6, 2013	David J. Kaye
	Executive Vice President, Treasurer, and Chief Financial Officer

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EX-31.1

Exhibit 31.1

CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER

I, Clayton G. Deutsch, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Boston Private Financial Holdings, Inc. (the “registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

	/s/    CLAYTON G. DEUTSCH
Date: November 6, 2013	Clayton G. Deutsch Chief Executive Officer and President

EX-31.2

Exhibit 31.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER

I, David J. Kaye, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Boston Private Financial Holdings, Inc. (the “registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

	/s/    DAVID J. KAYE
Date: November 6, 2013	David J. Kaye Chief Financial Officer

EX-32.1

Exhibit 32.1*

CERTIFICATION PURSUANT TO

18 U.S.C. § 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned Chief Executive Officer of Boston Private Financial Holdings, Inc. (the “Company”) hereby certifies that the Company's Quarterly Report on Form 10-Q for the quarter endedSeptember 30, 2013 (the “Report”), as filed with the Securities and Exchange Commission on the date hereof, fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended, and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	/s/    CLAYTON G. DEUTSCH
	Clayton G. Deutsch Chief Executive Officer and President
Date: November 6, 2013

*     This certification shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

EX-32.2

Exhibit 32.2*

CERTIFICATION PURSUANT TO

18 U.S.C. § 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned Chief Financial Officer of Boston Private Financial Holdings, Inc. (the “Company”) hereby certifies that the Company's Quarterly Report on Form 10-Q for the quarter endedSeptember 30, 2013 (the “Report”), as filed with the Securities and Exchange Commission on the date hereof, fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended, and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	/s/    DAVID J. KAYE
	David J. Kaye Chief Financial Officer
Date: November 6, 2013

*     This certification shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

XML

Income Taxes

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Income Taxes

The following table presents the components of income tax expense for continuing operations, discontinued operations, noncontrolling interests and the Company:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Income from continuing operations:
Income before income taxes	$	74,818		$	50,985
Income tax expense	25,005			14,215
Net income from continuing operations	$	49,813		$	36,770
Effective tax rate, continuing operations	33.4		%	27.9		%
Income from discontinued operations:
Income before income taxes	$	10,353		$	6,999
Income tax expense	4,529			1,183
Net income from discontinued operations	$	5,824		$	5,816
Effective tax rate, discontinued operations	43.7		%	16.9		%
Less: Income attributable to noncontrolling interests:
Income before income taxes	$	2,770		$	2,407
Income tax expense	—			—
Net income attributable to noncontrolling interests	$	2,770		$	2,407
Effective tax rate, noncontrolling interests	—		%	—		%
Income attributable to the Company
Income before income taxes	$	82,401		$	55,577
Income tax expense	29,534			15,398
Net income attributable to the Company	$	52,867		$	40,179
Effective tax rate attributable to the Company	35.8		%	27.7		%

The effective tax rate for continuing operations for the nine months ended September 30, 2013 of 33.4%, with related tax expense of $25.0 million, was calculated based on a projected 2013 annual effective tax rate. The effective tax rate was less than the statutory rate of 35% due primarily to earnings from tax-exempt investments, income tax credits, and income attributable to noncontrolling interests. These items were partially offset by state and local income taxes and an increase in unrecognized tax benefits.

The effective tax rate for continuing operations for the nine months ended September 30, 2012 of 27.9%, with related tax expense of $14.2 million, was calculated based on a projected 2012 annual effective tax rate. The effective tax rate was less than the statutory rate of 35% due primarily to earnings from tax-exempt investments, income tax credits, and income attributable to noncontrolling interests. These items were partially offset by state and local income taxes.

The effective tax rate for continuing operations for the nine months ended September 30, 2013 is greater than the effective tax rate for the same period in 2012 due primarily to an increase in unrecognized tax benefits, an increase in state and local income taxes, and a higher level of income before taxes in 2013 as compared to 2012.

As of September 30, 2013, the Company’s gross amount of unrecognized tax benefits is $2.0 million and the net amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $1.2 million. During the nine months ended September 30, 2013, the Company’s gross amount of unrecognized tax benefits decreased by $2.8 million, from $4.8 million at December 31, 2012, to $2.0 million at September 30, 2013. The $2.8 million decrease includes the release of $4.3 million of timing-related uncertainties as a result of the Company filing an accounting method change for income tax purposes, net against a $1.5 million increase related primarily to a change in the interpretation of tax law with respect to certain tax positions taken on previously filed tax returns. The Company believes it is reasonably possible that the gross amount of unrecognized tax benefits may decrease within the next twelve months by $1.5 millionas a result of settlements with state taxing authorities.

Contingent consideration related to the 2009 and 2012 divestiture of certain affiliates, primarily related to the revenue sharing agreement with Westfield Capital Management Company, LLC, is also reflected under “discontinued operations” in the table above. The profits and losses attributable to owners other than the Company are reflected under “noncontrolling interests” in the table above.

XML

Loan Portfolio and Credit Quality Impaired Loans With and Without Related Allowance (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended				12 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 37,869	[1]	$ 54,607	[1]	$ 37,869	[1]	$ 54,607	[1]	$ 47,414	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	33,492	[1]	40,017	[1]	33,492	[1]	40,017	[1]	34,110	[1]
Impaired Financing Receivable, Recorded Investment	71,361	[1]	94,624	[1]	71,361	[1]	94,624	[1]	81,524	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	53,107		81,733		53,107		81,733		74,559
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	35,090		41,446		35,090		41,446		35,756
Impaired Financing Receivable, Unpaid Principal Balance	88,197		123,179		88,197		123,179		110,315
Impaired Financing Receivable, Related Allowance	4,301		4,266		4,301		4,266		3,377
Impaired Financing Receivable, Related Allowance	4,301		4,266		4,301		4,266		3,377
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	37,808		47,970		45,305		51,410		51,255
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	37,482		42,396		38,234		40,570		39,746
Impaired Financing Receivable, Average Recorded Investment	75,290		90,366		83,539		91,980		91,001
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	338		111		1,326		569		695
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	190		320		1,089		843		1,107
Impaired Financing Receivable, Interest Income, Cash Basis Method	528		431		2,415		1,412		1,802
Commercial and industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,068	[1]	5,064	[1]	2,068	[1]	5,064	[1]	3,274	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,558	[1]	1,285	[1]	2,558	[1]	1,285	[1]	1,149	[1]
Impaired Financing Receivable, Recorded Investment	4,626	[1]	6,349	[1]	4,626	[1]	6,349	[1]	4,423	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	3,299		8,361		3,299		8,361		4,499
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	2,644		1,285		2,644		1,285		1,191
Impaired Financing Receivable, Unpaid Principal Balance	5,943		9,646		5,943		9,646		5,690
Impaired Financing Receivable, Related Allowance	253		123		253		123		118
Impaired Financing Receivable, Related Allowance	253		123		253		123		118
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2,558		3,686		4,521		4,826		4,707
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,496		2,731		2,385		1,983		1,855
Impaired Financing Receivable, Average Recorded Investment	5,054		6,417		6,906		6,809		6,562
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	62		0		332		0		0
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	1		0		23		0		1
Impaired Financing Receivable, Interest Income, Cash Basis Method	63		0		355		0		1
Commercial real estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	30,965	[1]	34,789	[1]	30,965	[1]	34,789	[1]	40,133	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	13,905	[1]	25,516	[1]	13,905	[1]	25,516	[1]	18,519	[1]
Impaired Financing Receivable, Recorded Investment	44,870	[1]	60,305	[1]	44,870	[1]	60,305	[1]	58,652	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	42,572		55,034		42,572		55,034		64,424
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	15,197		26,901		15,197		26,901		19,814
Impaired Financing Receivable, Unpaid Principal Balance	57,769		81,935		57,769		81,935		84,238
Impaired Financing Receivable, Related Allowance	1,508		2,507		1,508		2,507		1,667
Impaired Financing Receivable, Related Allowance	1,508		2,507		1,508		2,507		1,667
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	30,847		28,714		34,896		30,315		31,736
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	17,630		24,462		19,909		25,190		24,510
Impaired Financing Receivable, Average Recorded Investment	48,477		53,176		54,805		55,505		56,246
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	247		39		781		226		283
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	89		200		677		562		727
Impaired Financing Receivable, Interest Income, Cash Basis Method	336		239		1,458		788		1,010
Construction and land [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,078	[1]	4,630	[1]	1,078	[1]	4,630	[1]	1,310	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	4,185	[1]	1,018	[1]	4,185	[1]	1,018	[1]	903	[1]
Impaired Financing Receivable, Recorded Investment	5,263	[1]	5,648	[1]	5,263	[1]	5,648	[1]	2,213	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,800		6,783		1,800		6,783		2,682
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	4,405		1,062		4,405		1,062		953
Impaired Financing Receivable, Unpaid Principal Balance	6,205		7,845		6,205		7,845		3,635
Impaired Financing Receivable, Related Allowance	794		425		794		425		189
Impaired Financing Receivable, Related Allowance	794		425		794		425		189
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,083		5,655		1,605		6,115		5,532
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	4,185		2,187		3,260		1,662		1,486
Impaired Financing Receivable, Average Recorded Investment	5,268		7,842		4,865		7,777		7,018
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	6		0		103		97		97
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	0		0		0		0		0
Impaired Financing Receivable, Interest Income, Cash Basis Method	6		0		103		97		97
Residential [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	3,662	[1]	9,764	[1]	3,662	[1]	9,764	[1]	2,337	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	12,844	[1]	12,067	[1]	12,844	[1]	12,067	[1]	13,539	[1]
Impaired Financing Receivable, Recorded Investment	16,506	[1]	21,831	[1]	16,506	[1]	21,831	[1]	15,876	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	5,340		11,195		5,340		11,195		2,594
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	12,844		12,067		12,844		12,067		13,798
Impaired Financing Receivable, Unpaid Principal Balance	18,184		23,262		18,184		23,262		16,392
Impaired Financing Receivable, Related Allowance	1,746		1,080		1,746		1,080		1,403
Impaired Financing Receivable, Related Allowance	1,746		1,080		1,746		1,080		1,403
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	3,229		9,482		4,141		9,747		8,885
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	13,171		12,885		12,680		11,604		11,781
Impaired Financing Receivable, Average Recorded Investment	16,400		22,367		16,821		21,351		20,666
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	20		71		106		243		312
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	100		119		389		277		374
Impaired Financing Receivable, Interest Income, Cash Basis Method	120		190		495		520		686
Home equity [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	89	[1]	360	[1]	89	[1]	360	[1]	360	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	[1]	131	[1]	0	[1]	131	[1]	0	[1]
Impaired Financing Receivable, Recorded Investment	89	[1]	491	[1]	89	[1]	491	[1]	360	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	89		360		89		360		360
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0		131		0		131		0
Impaired Financing Receivable, Unpaid Principal Balance	89		491		89		491		360
Impaired Financing Receivable, Related Allowance	0		131		0		131		0
Impaired Financing Receivable, Related Allowance	0		131		0		131		0
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	89		360		141		354		355
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0		131		0		131		114
Impaired Financing Receivable, Average Recorded Investment	89		491		141		485		469
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	3		1		4		3		3
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	0		1		0		4		5
Impaired Financing Receivable, Interest Income, Cash Basis Method	3		2		4		7		8
Consumer and other [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	7	[1]	0	[1]	7	[1]	0	[1]	0	[1]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0	[1]	0	[1]	0	[1]	0	[1]	0	[1]
Impaired Financing Receivable, Recorded Investment	7	[1]	0	[1]	7	[1]	0	[1]	0	[1]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	7		0		7		0		0
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	0		0		0		0		0
Impaired Financing Receivable, Unpaid Principal Balance	7		0		7		0		0
Impaired Financing Receivable, Related Allowance	0		0		0		0		0
Impaired Financing Receivable, Related Allowance	0		0		0		0		0
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2		73		1		53		40
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0		0		0		0		0
Impaired Financing Receivable, Average Recorded Investment	2		73		1		53		40
Impaired Financing Receivable, with No Related Allowance, Interest Income, Cash Basis Method	0		0		0		0		0
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method	0		0		0		0		0
Impaired Financing Receivable, Interest Income, Cash Basis Method	$ 0		$ 0		$ 0		$ 0		$ 0

[1] Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

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Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Interest and dividend income:
Loans	$ 46,484		$ 52,533		$ 144,173		$ 157,882
Taxable investment securities	548		890		1,555		3,225
Non-taxable investment securities	746		782		2,363		2,382
Mortgage-backed securities	1,338		1,537		4,080		4,743
Federal funds sold and other	273		290		624		511
Total interest and dividend income	49,389		56,032		152,795		168,743
Interest expense:
Deposits	3,206		4,206		10,112		13,544
Federal Home Loan Bank borrowings	2,750		3,501		8,399		11,193
Junior subordinated debentures	1,119		1,507		3,429		4,950
Repurchase agreements and other short-term borrowings	12		452		378		1,326
Total interest expense	7,087		9,666		22,318		31,013
Net interest income	42,302		46,366		130,477		137,730
Provision/ (credit) for loan losses	(6,000)		(4,000)		(8,000)		1,700
Net interest income after provision for loan losses	48,302		50,366		138,477		136,030
Fees and other income:
Investment Advisory, Management and Administrative Fees	17,019		15,906		51,227		46,628
Wealth advisory fees	10,698		9,495		31,083		27,914
Other banking fee income	1,679		1,547		5,181		4,209
Gain on sale of loans, net	430		648		2,363		1,499
Gain on repurchase of debt	0		976		620		2,570
Gain on sale of investments, net	7		25		35		878
Gain/(loss) on OREO, net	0		(104)		(13)		221
Gain on sale of Pacific Northwest offices	0		0		10,574		0
Other	261		111		476		148
Total fees and other income	30,094		28,604		101,546		84,067
Operating expense:
Salaries and employee benefits	33,102		34,688		104,605		106,071
Occupancy and equipment	7,302		8,078		22,399		23,274
Professional services	3,451		3,455		8,697		9,415
Marketing and business development	1,201		1,346		5,417		4,454
Contract services and data processing	1,462		1,446		4,514		3,989
Amortization of intangibles	1,056		1,082		3,275		3,263
FDIC insurance	823		1,138		2,817		2,969
Restructuring expense	0		3,581		0		4,280
Other	3,556		3,336		13,481		11,397
Total operating expense	51,953		58,150		165,205		169,112
Income before income taxes	26,443		20,820		74,818		50,985
Income tax expense	8,557		5,124		25,005		14,215
Net income from continuing operations	17,886		15,696		49,813		36,770
Net income from discontinued operations	1,321		1,672		5,824		5,816
Net income before attrubution to noncontrolling interests	19,207		17,368		55,637		42,586
Less: Net income attributable to noncontrolling interests	871		855		2,770		2,407
Net income attributable to the Company	18,336		16,513		52,867		40,179
Adjustments to net income attributable to the Company to arrive at net income/(loss) attributable to common shareholders	(825)		(2,067)		(14,968)		(4,582)
Net income attributable to common shareholders for earnings/ (loss) per share calculation	$ 17,511		$ 14,446		$ 37,899		$ 35,597
Basic earnings/(loss) per share attributable to common shareholders:
From continuing operations:	$ 0.21		$ 0.17		$ 0.42		$ 0.40
From discontinued operations:	$ 0.02		$ 0.02		$ 0.07		$ 0.07
Total attributable to common shareholders:	$ 0.23		$ 0.19		$ 0.49		$ 0.47
Diluted earnings/(loss) per share attributable to common shareholders:
From continuing operations:	$ 0.20		$ 0.17		$ 0.41		$ 0.39
From discontinued operations:	$ 0.02		$ 0.02		$ 0.07		$ 0.07
Total attributable to common shareholders:	$ 0.22		$ 0.19		$ 0.48		$ 0.46
Common Stock [Member]
Basic earnings/(loss) per share attributable to common shareholders:
Weighted average basic common shares outstanding	77,670,017		76,290,382		77,249,660		75,911,520
Diluted earnings/(loss) per share attributable to common shareholders:
Weighted average diluted common shares outstanding	79,193,748	[1]	77,367,611	[1]	78,488,170	[1]	76,814,203	[1]

[1] The diluted EPS computations for the three and nine months ended September 30, 2013 and 2012 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows: Three months ended September 30, Nine months ended September 30, 2013 2012 2013 2012Shares excluded due to anti-dilution (treasury method):(In thousands)Potential common shares from: Convertible trust preferred securities (a)1 784 1 784Total shares excluded due to anti-dilution1 784 1 784 Three months ended September 30, Nine months ended September 30, 2013 2012 2013 2012Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):(In thousands)Potential common shares from: Stock options or other dilutive securities (b)1,214 2,102 1,446 2,180Total shares excluded due to exercise price exceeding the average market price of common shares during the period1,214 2,102 1,446 2,180(a) If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.(b)Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

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Earnings Per Share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings Per Share

The two class method of calculating earnings per share (“EPS”) is presented below for the three and nine months ended September 30, 2013 and 2012. The following tables present the computations of basic and diluted EPS:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands, except share and per share data)
Basic earnings/ (loss) per share - Numerator:
Net income from continuing operations	$	17,886		$	15,696		$	49,813		$	36,770
Less: Net income attributable to noncontrolling interests	871			855			2,770			2,407
Net income from continuing operations attributable to the Company	17,015			14,841			47,043			34,363
Decrease/ (increase) in noncontrolling interests’ redemption values (1)	274			(344		)	162			(267		)
Dividends on participating securities (2)	(939		)	(91		)	(13,752		)	(275		)
Total adjustments to income attributable to common shareholders	(665		)	(435		)	(13,590		)	(542		)
Net income from continuing operations attributable to common shareholders, before allocation to participating securities	16,350			14,406			33,453			33,821
Less: Amount allocated to participating securities	(143		)	(1,454		)	(1,069		)	(3,411		)
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207		$	12,952		$	32,384		$	30,410
Net income from discontinued operations, before allocation to participating securities	$	1,321		$	1,672		$	5,824		$	5,816
Less: Amount allocated to participating securities	(17		)	(178		)	(309		)	(629		)
Net income from discontinued operations, after allocation to participating securities	$	1,304		$	1,494		$	5,515		$	5,187
Net income attributable to common shareholders, before allocation to participating securities	$	17,671		$	16,078		$	39,277		$	39,637
Less: Amount allocated to participating securities	(160		)	(1,632		)	(1,378		)	(4,040		)
Net income attributable to common shareholders, after allocation to participating securities	$	17,511		$	14,446		$	37,899		$	35,597
Basic earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017			76,290,382			77,249,660			75,911,520
Per share data - Basic earnings/ (loss) per share from:
Continuing operations	$	0.21		$	0.17		$	0.42		$	0.40
Discontinued operations	$	0.02		$	0.02		$	0.07		$	0.07
Total attributable to common shareholders	$	0.23		$	0.19		$	0.49		$	0.47

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands, except share and per share data)
Diluted earnings/ (loss) per share - Numerator:
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207	$	12,952	$	32,384	$	30,410
Add back: income allocated to dilutive securities	—		—		—		—
Net income from continuing operations attributable to common shareholders, after allocation to participating securities, after assumed dilution	16,207		12,952		32,384		30,410
Net income from discontinued operations, after allocation to participating securities	1,304		1,494		5,515		5,187
Net income attributable to common shareholders, after allocation to participating securities, after assumed dilution	$	17,511	$	14,446	$	37,899	$	35,597
Diluted earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017		76,290,382		77,249,660		75,911,520
Dilutive effect of:
Stock options and performance-based restricted stock (3)	708,745		621,308		604,893		531,523
Warrants to purchase common stock (3)	814,986		455,921		633,617		371,160
Dilutive common shares	1,523,731		1,077,229		1,238,510		902,683
Weighted average diluted common shares outstanding (3)	79,193,748		77,367,611		78,488,170		76,814,203
Per share data - Diluted earnings/ (loss) per share from:
Continuing operations	$	0.20	$	0.17	$	0.41	$	0.39
Discontinued operations	$	0.02	$	0.02	$	0.07	$	0.07
Total attributable to common shareholders	$	0.22	$	0.19	$	0.48	$	0.46
Dividends per share declared on common stock	$	0.07	$	0.01	$	0.17	$	0.03

_____________________

(1) See Part II. Item 8. “Financial Statements and Supplementary Data—Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for a description of the redemption values related to the redeemable noncontrolling interests. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”), an increase in redemption value from period to period reduces income attributable to common shareholders. Decreases in redemption value from period to period increase income attributable to common shareholders, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of this standard in the first quarter of 2009.

(2) Consideration paid in excess of carrying value for the repurchase of the Series B preferred stock of $11.7 million is considered a deemed dividend and, for purposes of calculating EPS, reduces net income attributable to common shareholders for the nine months ended September 30, 2013.

(3) The diluted EPS computations for the three and nine months ended September 30, 2013 and 2012 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows:

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to anti-dilution (treasury method):	(In thousands)
Potential common shares from:
Convertible trust preferred securities (a)	1	784	1	784
Total shares excluded due to anti-dilution	1	784	1	784

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):	(In thousands)
Potential common shares from:
Stock options or other dilutive securities (b)	1,214	2,102	1,446	2,180
Total shares excluded due to exercise price exceeding the average market price of common shares during the period	1,214	2,102	1,446	2,180

(a) If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.

(b) Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

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Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present a reconciliation of the revenues, profits, assets, and other significant items of reportable segments as of and for the three and nine months ended September 30, 2013 and 2012. Interest expense on junior subordinated debentures is reported at the Holding Company.

	Three months ended September 30,
	Net interest income						Non-interest income				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	43,371		$	47,812		$	8,873	$	7,937	$	52,244		$	55,749
Total Investment Managers	5			6			10,518		10,043		10,523			10,049
Total Wealth Advisors	15			6			10,698		9,494		10,713			9,500
Total Segments	43,391			47,824			30,089		27,474		73,480			75,298
Holding Company and Eliminations	(1,089		)	(1,458		)	5		1,130		(1,084		)	(328		)
Total Company	$	42,302		$	46,366		$	30,094	$	28,604	$	72,396		$	74,970

	Three months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	32,717	$	36,785	$	8,774		$	8,133		$	16,753		$	14,831
Total Investment Managers	8,376		7,841		714			748			1,433			1,460
Total Wealth Advisors	7,341		6,806		1,282			996			2,090			1,698
Total Segments	48,434		51,432		10,770			9,877			20,276			17,989
Holding Company and Eliminations	3,519		6,718		(2,213		)	(4,753		)	(2,390		)	(2,293		)
Total Company	$	51,953	$	58,150	$	8,557		$	5,124		$	17,886		$	15,696

	Three months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	16,753		$	14,831		$	69	$	26
Total Investment Managers	438		444		995			1,016			739		800
Total Wealth Advisors	433		411		1,657			1,287			248		256
Total Segments	871		855		19,405			17,134			1,056		1,082
Holding Company and Eliminations	—		—		(1,069		)	(621		)	—		—
Total Company	$	871	$	855	$	18,336		$	16,513		$	1,056	$	1,082

	As of September 30,										Three months ended September 30,
	Assets				AUM (3)						Depreciation
	2013		2012		2013			2012			2013		2012
	(In thousands)				(In millions)						(In thousands)
Total Bank	$	6,090,343	$	6,071,302	$	4,263		$	3,784		$	1,282	$	1,496
Total Investment Managers	101,981		105,349		9,697			8,553			58		59
Total Wealth Advisors	71,172		71,936		8,809			7,797			89		91
Total Segments	6,263,496		6,248,587		22,769			20,134			1,429		1,646
Holding Company and Eliminations	11,443		24,197		(21		)	(20		)	76		58
Total Company	$	6,274,939	$	6,272,784	$	22,748		$	20,114		$	1,505	$	1,704

	Nine months ended September 30,
	Net interest income						Non-interest income (4)				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	133,738		$	142,467		$	38,078	$	24,233	$	171,816		$	166,700
Total Investment Managers	15			21			31,480		29,110		31,495			29,131
Total Wealth Advisors	51			19			31,081		27,900		31,132			27,919
Total Segments	133,804			142,507			100,639		81,243		234,443			223,750
Holding Company and Eliminations	(3,327		)	(4,777		)	907		2,824		(2,420		)	(1,953		)
Total Company	$	130,477		$	137,730		$	101,546	$	84,067	$	232,023		$	221,797

	Nine months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	103,857	$	108,030	$	26,190		$	19,312		$	49,769		$	37,658
Total Investment Managers	24,422		23,351		2,329			1,977			4,744			3,803
Total Wealth Advisors	21,809		20,334		3,463			2,771			5,860			4,814
Total Segments	150,088		151,715		31,982			24,060			60,373			46,275
Holding Company and Eliminations	15,117		17,397		(6,977		)	(9,845		)	(10,560		)	(9,505		)
Total Company	$	165,205	$	169,112	$	25,005		$	14,215		$	49,813		$	36,770

	Nine months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	49,769		$	37,658		$	210	$	79
Total Investment Managers	1,425		1,184		3,319			2,619			2,319		2,401
Total Wealth Advisors	1,345		1,223		4,515			3,591			746		783
Total Segments	2,770		2,407		57,603			43,868			3,275		3,263
Holding Company and Eliminations	—		—		(4,736		)	(3,689		)	—		—
Total Company	$	2,770	$	2,407	$	52,867		$	40,179		$	3,275	$	3,263

	Nine months ended September 30,
	Depreciation
	2013		2012
	(In thousands)
Total Bank	$	4,050	$	4,364
Total Investment Managers	164		189
Total Wealth Advisors	277		269
Total Segments	4,491		4,822
Holding Company and Eliminations	167		148
Total Company	$	4,658	$	4,970

___________________

(1) Non-interest expense for the three and nine months ended September 30, 2013 includes no restructuring expense. Non-interest expense for the three and nine months ended September 30, 2012 includes $3.6 million and $4.3 million, respectively, of restructuring expense. Restructuring expenses were incurred in the Private Banking segment as well as at the Holding Company.

(2) Net income from discontinued operations for the three months ended September 30, 2013, and 2012 of $1.3 million, and $1.7 million, respectively, and for the nine months ended September 30, 2013, and 2012, of $5.8 million and $5.8 million, respectively, are included in Holding Company and Eliminations in the calculation of net income attributable to the Company.

(3) “AUM” represents Assets Under Management and Advisory at the affiliates. AUM at DTC have been removed since DTC operations are classified with discontinued operations.

(4) Included in Bank non-interest income for the nine months ended September 30, 2013 is the $10.6 million gain on sale of its three offices in the Pacific Northwest region.

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Noncontrolling Interests Redeemable Noncontrolilng Interests Rollforward (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interests at beginning of year			$ 19,287	$ 21,691
Net Income Attributable to Noncontrolling Interest	871	855	2,770	2,407
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders			(2,341)	(3,168)
Noncontrolling Interest, adjustment to fair value			(2,492)	215
Redeemable noncontrolling interests at end of period	17,224	19,675	17,224	19,675
DTC [Member]
Redeemable Noncontrolling Interest [Line Items]
Redeemable Noncontrolling Interest Decrease, Sale of ownership interest			$ 0	$ (1,470)

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Allowance for Loan Losses Allowance Rollforward (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	$ 80,800	$ 99,054	$ 84,057	$ 96,114
Provision/ (credit) for loan losses	(6,000)	(4,000)	(8,000)	1,700
Financing Receivable, Allowance for Credit Losses, Charge-offs	50	5,849	4,286	13,158
Financing Receivable, Allowance for Credit Losses, Recoveries	2,427	1,924	5,406	6,473
Loans and Leases Receivable, Allowance at End of Period	77,177	91,129	77,177	91,129
Commercial and industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	11,883	13,243	11,825	12,163
Provision/ (credit) for loan losses	(533)	(1,339)	(1,441)	1,766
Financing Receivable, Allowance for Credit Losses, Charge-offs	41	1,108	68	3,777
Financing Receivable, Allowance for Credit Losses, Recoveries	91	794	1,084	1,438
Loans and Leases Receivable, Allowance at End of Period	11,400	11,590	11,400	11,590
Commercial real estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	48,744	64,577	52,497	63,625
Provision/ (credit) for loan losses	(5,719)	(3,035)	(8,266)	(2,147)
Financing Receivable, Allowance for Credit Losses, Charge-offs	0	2,339	2,339	5,606
Financing Receivable, Allowance for Credit Losses, Recoveries	1,958	59	3,091	3,390
Loans and Leases Receivable, Allowance at End of Period	44,983	59,262	44,983	59,262
Construction and land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	4,923	6,163	5,016	6,382
Provision/ (credit) for loan losses	(427)	(1,448)	(1,250)	(2,177)
Financing Receivable, Allowance for Credit Losses, Charge-offs	0	710	100	710
Financing Receivable, Allowance for Credit Losses, Recoveries	378	1,065	1,208	1,575
Loans and Leases Receivable, Allowance at End of Period	4,874	5,070	4,874	5,070
Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	11,625	10,844	10,892	9,286
Provision/ (credit) for loan losses	549	1,659	2,687	4,498
Financing Receivable, Allowance for Credit Losses, Charge-offs	0	1,544	1,405	2,825
Financing Receivable, Allowance for Credit Losses, Recoveries	0	0	0	0
Loans and Leases Receivable, Allowance at End of Period	12,174	10,959	12,174	10,959
Home equity [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	1,201	1,489	1,085	1,535
Provision/ (credit) for loan losses	(9)	69	444	(38)
Financing Receivable, Allowance for Credit Losses, Charge-offs	0	129	360	129
Financing Receivable, Allowance for Credit Losses, Recoveries	0	0	23	61
Loans and Leases Receivable, Allowance at End of Period	1,192	1,429	1,192	1,429
Consumer and other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	412	740	540	1,149
Provision/ (credit) for loan losses	18	(38)	(105)	(358)
Financing Receivable, Allowance for Credit Losses, Charge-offs	9	19	14	111
Financing Receivable, Allowance for Credit Losses, Recoveries	0	6	0	9
Loans and Leases Receivable, Allowance at End of Period	421	689	421	689
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans and Leases Receivable, Allowance at Beginning of Period	2,012	1,998	2,202	1,974
Provision/ (credit) for loan losses	121	132	(69)	156
Loans and Leases Receivable, Allowance at End of Period	$ 2,133	$ 2,130	$ 2,133	$ 2,130

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Noncontrolling Interests

9 Months Ended

Sep. 30, 2013

Noncontrolling Interest [Abstract]

Noncontrolling Interest Disclosure [Text Block]

Noncontrolling Interests

At the Company, noncontrolling interests typically consist of equity owned by management of the Company’s respective majority-owned affiliates. Net income attributable to noncontrolling interests in the consolidated statements of operations represents the net income allocated to the noncontrolling interest owners of the affiliates. Net income allocated to the noncontrolling interest owners was $0.9 million for each of the three month periods ended September 30, 2013 and 2012, and $2.8 million and $2.4 million for the nine months ended September 30, 2013 and 2012, respectively.

On the consolidated balance sheets, noncontrolling interests are included as the sum of the capital and undistributed profits allocated to the noncontrolling interest owners. Typically, this balance is included in a company’s permanent shareholders’ equity in the consolidated balance sheets. When the noncontrolling interest owners’ rights include certain redemption features, as described in ASC 480, Distinguishing Liabilities from Equity, such redeemable noncontrolling interests are classified as mezzanine equity and are not included in permanent shareholders’ equity. Due to the redemption features of the noncontrolling interests, the Company had redeemable noncontrolling interests held in mezzanine equity in the accompanying consolidated balance sheets of of $17.2 million and $19.3 million at September 30, 2013 and December 31, 2012, respectively. The aggregate amount of such redeemable noncontrolling equity interests are recorded at the estimated maximum redemption values. In addition, as discussed below, the Company had $0.1 million noncontrolling interests included in permanent shareholder’s equity at September 30, 2013.

Each non-wholly owned affiliate operating agreement provides the Company and/or the noncontrolling interests with contingent call or put redemption features used for the orderly transfer of noncontrolling equity interests between the affiliate noncontrolling interest owners and the Company at either a contractually predetermined fair value, multiple of earnings before interest, taxes, depreciation, and amortization (EBITDA), or fair value. The Company may liquidate these noncontrolling interests in cash, shares of the Company’s common stock, or other forms of consideration dependent on the operating agreement. These agreements are discussed in Part II. Item 8. “Financial Statements and Supplementary Data – Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Generally, these put and call redemption features refer to shareholder rights of both the Company and the noncontrolling interest owners of the Company’s majority-owned affiliate companies. The affiliate company noncontrolling interests generally take the form of limited liability company (LLC) units, profits interests, or common stock (collectively, the “noncontrolling equity interests”). In most circumstances, the put and call redemption features generally relate to the Company’s right and, in some cases, obligation to purchase and the noncontrolling equity interests’ right to sell their equity interests. There are various events that could cause the puts or calls to be exercised, such as a change in control, death, disability, retirement, resignation or termination. The puts and calls are generally to be exercised at the then fair value or a contractually agreed upon approximation thereof. The terms of these rights vary and are governed by the respective individual operating and legal documents.

During the second quarter of 2013, the Company sold certain repurchased noncontrolling interests to principals at Anchor with modified contingent call and put redemption features. These modified noncontrolling interests have the same terms and conditions as the previously issued noncontrolling interests with the exception that they require the approval of the Company’s CEO in order to be exercised. Therefore, these modified noncontrolling interests are not considered to be mandatorily redeemable and are not included in the redeemable noncontrolling interests within mezzanine equity, but rather within permanent equity.

The following table presents the contractually determined maximum redemption values to repurchase the noncontrolling interests at the periods indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Anchor	$	10,919	$	11,105
BOS	4,206		5,782
DGHM	2,238		2,400
Total	$	17,363	$	19,287
Redeemable noncontrolling interests	$	17,224	$	19,287
Noncontrolling interests	$	139	$	—

The following table presents an analysis of the Company’s redeemable noncontrolling interests for the periods indicated:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Redeemable noncontrolling interests at beginning of year	$	19,287		$	21,691
Net income attributable to noncontrolling interests	2,770			2,407
Distributions	(2,341		)	(3,168		)
DTC disposition	—			(1,470		)
Adjustments to fair value	(2,492		)	215
Redeemable noncontrolling interests at end of period	$	17,224		$	19,675

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Fair Value Measurements Not Measured at Fair Value on a Recurring Basis (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Dec. 31, 2012 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Sep. 30, 2013 Portion at Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2012 Portion at Fair Value, Fair Value Disclosure [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 1 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 1 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 2 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 2 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Portion at Fair Value, Fair Value Disclosure [Member]	Sep. 30, 2013 Fair Value, Measurements, Nonrecurring [Member]		Sep. 30, 2012 Fair Value, Measurements, Nonrecurring [Member]		Sep. 30, 2013 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 1 [Member]		Sep. 30, 2012 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 1 [Member]		Sep. 30, 2013 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 2 [Member]		Sep. 30, 2012 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 2 [Member]		Sep. 30, 2013 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 3 [Member]		Sep. 30, 2012 Fair Value, Measurements, Nonrecurring [Member] Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 323,941	$ 308,744	$ 323,941	$ 308,744	$ 323,941	$ 308,744	$ 0	$ 0	$ 0	$ 0
Loans Receivable, Fair Value Disclosure	4,845,045	4,730,079	4,822,432	4,766,574	0	0	0	0	4,822,432	4,766,574	9,464	[1]	20,230	[2]	0	[1]	0	[2]	0	[1]	0	[2]	9,464	[1]	20,230	[2]
Loans Held-for-sale, Fair Value Disclosure	1,745	308,390	1,745	308,908	0	0	1,745	308,908	0	0
Other Assets, Fair Value Disclosure	116,194	118,087	116,194	118,087	0	0	116,194	118,087	0	0
Deposits, Fair Value Disclosure	4,942,765	4,885,059	4,945,589	4,891,465	0	0	4,945,589	4,891,465	0	0
Deposits Held For Sale, Fair Value Disclosure		194,084		182,592		0		182,592		0
Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure	92,499	116,319	92,490	117,885	0	0	92,490	117,885	0	0
Federal Home Loan Bank Borrowings, Fair Value Disclosure	391,466	408,121	402,158	428,037	0	0	402,158	428,037	0	0
Subordinated Debt Obligations, Fair Value Disclosure	110,487	143,647	100,487	117,502	0	0	7,394	12,804	93,093	104,698
Other Liabilities, Fair Value Disclosure	$ 9,708	$ 10,058	$ 9,708	$ 10,058	$ 0	$ 0	$ 9,708	$ 10,058	$ 0	$ 0

[1] Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

[2] Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

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Allowance for Loan Losses Allowance by impairment analysis method (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	$ 72,876		$ 80,680
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	4,301		3,377
Loans and Leases Receivable, Allowance	77,177	80,800	84,057	91,129	99,054	96,114
Financing Receivable, Collectively Evaluated for Impairment	4,850,861		4,732,612
Financing Receivable, Individually Evaluated for Impairment	71,361		81,524
Total loans	4,922,222		4,814,136
Commercial and industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	11,147		11,707
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	253		118
Loans and Leases Receivable, Allowance	11,400	11,883	11,825	11,590	13,243	12,163
Financing Receivable, Collectively Evaluated for Impairment	783,799		801,903
Financing Receivable, Individually Evaluated for Impairment	4,626		4,423
Total loans	788,425		806,326
Commercial real estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	43,475		50,830
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,508		1,667
Loans and Leases Receivable, Allowance	44,983	48,744	52,497	59,262	64,577	63,625
Financing Receivable, Collectively Evaluated for Impairment	1,677,161		1,632,698
Financing Receivable, Individually Evaluated for Impairment	44,870		58,652
Total loans	1,722,031		1,691,350
Construction and land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	4,080		4,827
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	794		189
Loans and Leases Receivable, Allowance	4,874	4,923	5,016	5,070	6,163	6,382
Financing Receivable, Collectively Evaluated for Impairment	149,346		135,357
Financing Receivable, Individually Evaluated for Impairment	5,263		2,213
Total loans	154,609		137,570
Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	10,428		9,489
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,746		1,403
Loans and Leases Receivable, Allowance	12,174	11,625	10,892	10,959	10,844	9,286
Financing Receivable, Collectively Evaluated for Impairment	1,990,196		1,890,213
Financing Receivable, Individually Evaluated for Impairment	16,506		15,876
Total loans	2,006,702		1,906,089
Home equity [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,192		1,085
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0		0
Loans and Leases Receivable, Allowance	1,192	1,201	1,085	1,429	1,489	1,535
Financing Receivable, Collectively Evaluated for Impairment	118,005		123,191
Financing Receivable, Individually Evaluated for Impairment	89		360
Total loans	118,094		123,551
Consumer and other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	421		540
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0		0
Loans and Leases Receivable, Allowance	421	412	540	689	740	1,149
Financing Receivable, Collectively Evaluated for Impairment	132,354		149,250
Financing Receivable, Individually Evaluated for Impairment	7		0
Total loans	132,361		149,250
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,133		2,202
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0		0
Loans and Leases Receivable, Allowance	2,133	2,012	2,202	2,130	1,998	1,974
Financing Receivable, Collectively Evaluated for Impairment	0		0
Financing Receivable, Individually Evaluated for Impairment	0		0
Total loans	$ 0		$ 0

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Reportable Segments (Details) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	$ 42,302,000		$ 46,366,000		$ 130,477,000		$ 137,730,000
Noninterest Income	30,094,000		28,604,000		101,546,000		84,067,000
Revenues	72,396,000		74,970,000		232,023,000		221,797,000
Noninterest Expense	51,953,000		58,150,000		165,205,000		169,112,000
Income tax expense	8,557,000		5,124,000		25,005,000		14,215,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	17,886,000		15,696,000		49,813,000		36,770,000
Net Income Attributable to Noncontrolling Interest	871,000		855,000		2,770,000		2,407,000
Net Income (Loss) Attributable to Parent	18,336,000		16,513,000		52,867,000		40,179,000
Amortization of intangibles	1,056,000		1,082,000		3,275,000		3,263,000
Total assets	6,274,939,000		6,272,784,000		6,274,939,000		6,272,784,000		6,465,005,000
Assets under Management, Carrying Amount	22,748,000,000	[1]	20,114,000,000	[1]	22,748,000,000	[1]	20,114,000,000	[1]
Depreciation	1,505,000		1,704,000		4,658,000		4,970,000
Restructuring Charges	0		3,581,000		0		4,280,000
Net income from discontinued operations	1,321,000		1,672,000		5,824,000		5,816,000
Gain on sale of Pacific Northwest offices	0		0		10,574,000		0
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	43,391,000		47,824,000		133,804,000		142,507,000
Noninterest Income	30,089,000		27,474,000		100,639,000		81,243,000
Revenues	73,480,000		75,298,000		234,443,000		223,750,000
Noninterest Expense	48,434,000		51,432,000		150,088,000		151,715,000
Income tax expense	10,770,000		9,877,000		31,982,000		24,060,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	20,276,000		17,989,000		60,373,000		46,275,000
Net Income Attributable to Noncontrolling Interest	871,000		855,000		2,770,000		2,407,000
Net Income (Loss) Attributable to Parent	19,405,000		17,134,000		57,603,000		43,868,000
Amortization of intangibles	1,056,000		1,082,000		3,275,000		3,263,000
Total assets	6,263,496,000		6,248,587,000		6,263,496,000		6,248,587,000
Assets under Management, Carrying Amount	22,769,000,000	[1]	20,134,000,000	[1]	22,769,000,000	[1]	20,134,000,000	[1]
Depreciation	1,429,000		1,646,000		4,491,000		4,822,000
Private Banking Segment [Member]
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	43,371,000		47,812,000		133,738,000		142,467,000
Noninterest Income	8,873,000		7,937,000		38,078,000	[2]	24,233,000
Revenues	52,244,000		55,749,000		171,816,000		166,700,000
Noninterest Expense	32,717,000	[3]	36,785,000	[3]	103,857,000	[3]	108,030,000	[3]
Income tax expense	8,774,000		8,133,000		26,190,000		19,312,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	16,753,000		14,831,000		49,769,000		37,658,000
Net Income Attributable to Noncontrolling Interest	0		0		0		0
Net Income (Loss) Attributable to Parent	16,753,000		14,831,000		49,769,000		37,658,000
Amortization of intangibles	69,000		26,000		210,000		79,000
Total assets	6,090,343,000		6,071,302,000		6,090,343,000		6,071,302,000
Assets under Management, Carrying Amount	4,263,000,000	[1]	3,784,000,000	[1]	4,263,000,000	[1]	3,784,000,000	[1]
Depreciation	1,282,000		1,496,000		4,050,000		4,364,000
Investment Managers Segment [Member]
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	5,000		6,000		15,000		21,000
Noninterest Income	10,518,000		10,043,000		31,480,000		29,110,000
Revenues	10,523,000		10,049,000		31,495,000		29,131,000
Noninterest Expense	8,376,000		7,841,000		24,422,000		23,351,000
Income tax expense	714,000		748,000		2,329,000		1,977,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	1,433,000		1,460,000		4,744,000		3,803,000
Net Income Attributable to Noncontrolling Interest	438,000		444,000		1,425,000		1,184,000
Net Income (Loss) Attributable to Parent	995,000		1,016,000		3,319,000		2,619,000
Amortization of intangibles	739,000		800,000		2,319,000		2,401,000
Total assets	101,981,000		105,349,000		101,981,000		105,349,000
Assets under Management, Carrying Amount	9,697,000,000	[1]	8,553,000,000	[1]	9,697,000,000	[1]	8,553,000,000	[1]
Depreciation	58,000		59,000		164,000		189,000
Wealth Advisors Segment [Member]
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	15,000		6,000		51,000		19,000
Noninterest Income	10,698,000		9,494,000		31,081,000		27,900,000
Revenues	10,713,000		9,500,000		31,132,000		27,919,000
Noninterest Expense	7,341,000		6,806,000		21,809,000		20,334,000
Income tax expense	1,282,000		996,000		3,463,000		2,771,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	2,090,000		1,698,000		5,860,000		4,814,000
Net Income Attributable to Noncontrolling Interest	433,000		411,000		1,345,000		1,223,000
Net Income (Loss) Attributable to Parent	1,657,000		1,287,000		4,515,000		3,591,000
Amortization of intangibles	248,000		256,000		746,000		783,000
Total assets	71,172,000		71,936,000		71,172,000		71,936,000
Assets under Management, Carrying Amount	8,809,000,000	[1]	7,797,000,000	[1]	8,809,000,000	[1]	7,797,000,000	[1]
Depreciation	89,000		91,000		277,000		269,000
Holding Company and Eliminations Segment [Domain]
Segment Reporting Information [Line Items]
Interest Income (Expense), Net	(1,089,000)		(1,458,000)		(3,327,000)		(4,777,000)
Noninterest Income	5,000		1,130,000		907,000		2,824,000
Revenues	(1,084,000)		(328,000)		(2,420,000)		(1,953,000)
Noninterest Expense	3,519,000	[3]	6,718,000	[3]	15,117,000	[3]	17,397,000	[3]
Income tax expense	(2,213,000)		(4,753,000)		(6,977,000)		(9,845,000)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(2,390,000)		(2,293,000)		(10,560,000)		(9,505,000)
Net Income Attributable to Noncontrolling Interest	0		0		0		0
Net Income (Loss) Attributable to Parent	(1,069,000)	[4]	(621,000)	[4]	(4,736,000)	[4]	(3,689,000)	[4]
Amortization of intangibles	0		0		0		0
Total assets	11,443,000		24,197,000		11,443,000		24,197,000
Assets under Management, Carrying Amount	(21,000,000)	[1]	(20,000,000)	[1]	(21,000,000)	[1]	(20,000,000)	[1]
Depreciation	$ 76,000		$ 58,000		$ 167,000		$ 148,000

[1] “AUM” represents Assets Under Management and Advisory at the affiliates. AUM at DTC have been removed since DTC operations are classified with discontinued operations.

[2] Included in Bank non-interest income for the nine months ended September 30, 2013 is the $10.6 million gain on sale of its three offices in the Pacific Northwest region.

[3] Non-interest expense for the three and nine months ended September 30, 2013 includes no restructuring expense. Non-interest expense for the three and nine months ended September 30, 2012 includes $3.6 million and $4.3 million, respectively, of restructuring expense. Restructuring expenses were incurred in the Private Banking segment as well as at the Holding Company.

[4] Net income from discontinued operations for the three months ended September 30, 2013, and 2012 of $1.3 million, and $1.7 million, respectively, and for the nine months ended September 30, 2013, and 2012, of $5.8 million and $5.8 million, respectively, are included in Holding Company and Eliminations in the calculation of net income attributable to the Company.

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Loan Portfolio and Credit Quality (Tables)

9 Months Ended

Sep. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table presents a summary of the loan portfolio based on the portfolio segment as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	788,425	$	806,326
Commercial real estate	1,722,031		1,691,350
Construction and land	154,609		137,570
Residential	2,006,702		1,906,089
Home equity	118,094		123,551
Consumer and other	132,361		149,250
Total Loans	$	4,922,222	$	4,814,136

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents nonaccrual loans receivable by class of receivable as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	4,575	$	4,337
Commercial real estate	27,996		41,696
Construction and land	4,920		2,213
Residential	13,140		11,744
Home equity	134		660
Consumer and other	27		95
Total	$	50,792	$	60,745

Past Due Financing Receivables [Table Text Block]

The following tables show the payment status of loans receivable by class of receivable as of the dates indicated:

	September 30, 2013
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	1,128	$	13	$	—	$	1,141	$	1,351	$	—	$	3,224	$	4,575	$	782,709	$	788,425
Commercial real estate	1,018		525		1,647		3,190		13,548		—		14,448		27,996		1,690,845		1,722,031
Construction and land	679		13		65		757		3,988		49		883		4,920		148,932		154,609
Residential	—		3,758		—		3,758		5,648		216		7,276		13,140		1,989,804		2,006,702
Home equity	1,020		—		—		1,020		39		—		95		134		116,940		118,094
Consumer and other	27		2		—		29		—		4		23		27		132,305		132,361
Total	$	3,872	$	4,311	$	1,712	$	9,895	$	24,574	$	269	$	25,949	$	50,792	$	4,861,535	$	4,922,222

	December 31, 2012
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due (1)		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	10,684	$	210	$	257	$	11,151	$	3,073	$	—	$	1,264	$	4,337	$	790,838	$	806,326
Commercial real estate	3,331		4,572		3,249		11,152		29,125		8,913		3,658		41,696		1,638,502		1,691,350
Construction and land	42		3,216		50		3,308		723		137		1,353		2,213		132,049		137,570
Residential	20,194		3,218		—		23,412		5,101		1,980		4,663		11,744		1,870,933		1,906,089
Home equity	119		39		—		158		300		—		360		660		122,733		123,551
Consumer and other	569		182		—		751		93		—		2		95		148,404		149,250
Total	$	34,939	$	11,437	$	3,556	$	49,932	$	38,415	$	11,030	$	11,300	$	60,745	$	4,703,459	$	4,814,136

___________________

(1) Does not include one commercial and industrial 30-59 day delinquent loan totaling $0.3 million in loans held for sale as of December 31, 2012.

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables present the loan portfolio’s credit risk profile by internally assigned grade by class of receivable as of the dates indicated:

	September 30, 2013
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	766,285	$	11,075	$	6,490	$	4,575	$	788,425
Commercial real estate	1,629,671		41,988		22,376		27,996		1,722,031
Construction and land	128,828		20,209		652		4,920		154,609
Residential	1,980,499		—		13,063		13,140		2,006,702
Home equity	116,239		—		1,721		134		118,094
Consumer and other	131,390		937		7		27		132,361
Total	$	4,752,912	$	74,209	$	44,309	$	50,792	$	4,922,222

	December 31, 2012
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention (1)		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	779,236	$	13,691	$	9,062	$	4,337	$	806,326
Commercial real estate	1,531,701		54,000		63,953		41,696		1,691,350
Construction and land	110,940		17,048		7,369		2,213		137,570
Residential	1,886,273		—		8,072		11,744		1,906,089
Home equity	121,218		—		1,673		660		123,551
Consumer and other	149,155		—		—		95		149,250
Total	$	4,578,523	$	84,739	$	90,129	$	60,745	$	4,814,136

___________________

(1) Does not include five commercial and industrial special mention loans totaling $0.9 million and three commercial real estate special mention loans totaling $3.0 million in loans held for sale as of December 31, 2012.

Impaired Financing Receivables [Table Text Block]

The following tables present, by class of receivable, the balance of impaired loans with and without a related allowance, the associated allowance for those impaired loans with a related allowance, and the total unpaid principal on impaired loans:

	As of and for the three and nine months ended September 30, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,068	$	3,299	n/a		$	2,558	$	4,521	$	62	$	332
Commercial real estate	30,965		42,572		n/a		30,847		34,896		247		781
Construction and land	1,078		1,800		n/a		1,083		1,605		6		103
Residential	3,662		5,340		n/a		3,229		4,141		20		106
Home equity	89		89		n/a		89		141		3		4
Consumer and other	7		7		n/a		2		1		—		—
Subtotal	37,869		53,107		n/a		37,808		45,305		338		1,326
With an allowance recorded:
Commercial and industrial	2,558		2,644		$	253	2,496		2,385		1		23
Commercial real estate	13,905		15,197		1,508		17,630		19,909		89		677
Construction and land	4,185		4,405		794		4,185		3,260		—		—
Residential	12,844		12,844		1,746		13,171		12,680		100		389
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	33,492		35,090		4,301		37,482		38,234		190		1,089
Total:
Commercial and industrial	4,626		5,943		253		5,054		6,906		63		355
Commercial real estate	44,870		57,769		1,508		48,477		54,805		336		1,458
Construction and land	5,263		6,205		794		5,268		4,865		6		103
Residential	16,506		18,184		1,746		16,400		16,821		120		495
Home equity	89		89		—		89		141		3		4
Consumer and other	7		7		—		2		1		—		—
Total	$	71,361	$	88,197	$	4,301	$	75,290	$	83,539	$	528	$	2,415

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the three and nine months ended September 30, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	5,064	$	8,361	n/a		$	3,686	$	4,826	$	—	$	—
Commercial real estate	34,789		55,034		n/a		28,714		30,315		39		226
Construction and land	4,630		6,783		n/a		5,655		6,115		—		97
Residential	9,764		11,195		n/a		9,482		9,747		71		243
Home equity	360		360		n/a		360		354		1		3
Consumer and other	—		—		n/a		73		53		—		—
Subtotal	54,607		81,733		n/a		47,970		51,410		111		569
With an allowance recorded:
Commercial and industrial	1,285		1,285		$	123	2,731		1,983		—		—
Commercial real estate	25,516		26,901		2,507		24,462		25,190		200		562
Construction and land	1,018		1,062		425		2,187		1,662		—		—
Residential	12,067		12,067		1,080		12,885		11,604		119		277
Home equity	131		131		131		131		131		1		4
Consumer and other	—		—		—		—		—		—		—
Subtotal	40,017		41,446		4,266		42,396		40,570		320		843
Total:
Commercial and industrial	6,349		9,646		123		6,417		6,809		—		—
Commercial real estate	60,305		81,935		2,507		53,176		55,505		239		788
Construction and land	5,648		7,845		425		7,842		7,777		—		97
Residential	21,831		23,262		1,080		22,367		21,351		190		520
Home equity	491		491		131		491		485		2		7
Consumer and other	—		—		—		73		53		—		—
Total	$	94,624	$	123,179	$	4,266	$	90,366	$	91,980	$	431	$	1,412

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the year ended December 31, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	3,274	$	4,499	n/a		$	4,707	$	—
Commercial real estate	40,133		64,424		n/a		31,736		283
Construction and land	1,310		2,682		n/a		5,532		97
Residential	2,337		2,594		n/a		8,885		312
Home equity	360		360		n/a		355		3
Consumer and other	—		—		n/a		40		—
Subtotal	47,414		74,559		n/a		51,255		695
With an allowance recorded:
Commercial and industrial	1,149		1,191		$	118	1,855		1
Commercial real estate	18,519		19,814		1,667		24,510		727
Construction and land	903		953		189		1,486		—
Residential	13,539		13,798		1,403		11,781		374
Home equity	—		—		—		114		5
Consumer and other	—		—		—		—		—
Subtotal	34,110		35,756		3,377		39,746		1,107
Total:
Commercial and industrial	4,423		5,690		118		6,562		1
Commercial real estate	58,652		84,238		1,667		56,246		1,010
Construction and land	2,213		3,635		189		7,018		97
Residential	15,876		16,392		1,403		20,666		686
Home equity	360		360		—		469		8
Consumer and other	—		—		—		40		—
Total	$	81,524	$	110,315	$	3,377	$	91,001	$	1,802

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

The following tables present the Company’s allowance for loan losses and loan portfolio at September 30, 2013 and December 31, 2012 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at September 30, 2013 or December 31, 2012.

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	11,147	$	43,475	$	4,080	$	10,428
Loans individually evaluated	253		1,508		794		1,746
Total allowance for loan losses	$	11,400	$	44,983	$	4,874	$	12,174
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	783,799	$	1,677,161	$	149,346	$	1,990,196
Loans individually evaluated	4,626		44,870		5,263		16,506
Total Loans	$	788,425	$	1,722,031	$	154,609	$	2,006,702

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	1,192	$	421	$	2,133	$	72,876
Loans individually evaluated	—		—		—		4,301
Total allowance for loan losses	$	1,192	$	421	$	2,133	$	77,177
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	118,005	$	132,354	$	—	$	4,850,861
Loans individually evaluated	89		7		—		71,361
Total Loans	$	118,094	$	132,361	$	—	$	4,922,222

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	11,707	$	50,830	$	4,827	$	9,489
Loans individually evaluated	118		1,667		189		1,403
Total allowance for loan losses	$	11,825	$	52,497	$	5,016	$	10,892
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	801,903	$	1,632,698	$	135,357	$	1,890,213
Loans individually evaluated	4,423		58,652		2,213		15,876
Total Loans	$	806,326	$	1,691,350	$	137,570	$	1,906,089

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	1,085	$	540	$	2,202	$	80,680
Loans individually evaluated	—		—		—		3,377
Total allowance for loan losses	$	1,085	$	540	$	2,202	$	84,057
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	123,191	$	149,250	$	—	$	4,732,612
Loans individually evaluated	360		—		—		81,524
Total Loans	$	123,551	$	149,250	$	—	$	4,814,136

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following tables present the balance of TDRs that were restructured or defaulted during the periods indicated:

	As of and for the three months ended September 30, 2013
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial	—	$	—	$	—	1	$	983
Commercial real estate (1)	2	2,198		2,198		2	1,517
Construction and land	—	—		—		—	—
Residential (2)	2	227		227		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	4	$	2,425	$	2,425	3	$	2,500

___________________

(1) Represents the following concessions: combination of concessions.

(2) Represents the following concessions: temporary reduction of interest rate.

	As of and for the nine months ended September 30, 2013
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	3	$	1,369	$	1,369	1	$	983
Commercial real estate (2)	7	11,361		11,361		5	5,072
Construction and land (3)	4	3,604		3,604		—	—
Residential (4)	10	934		934		1	1,116
Home equity (5)	1	40		40		—	—
Consumer and other	—	—		—		—	—
Total	25	$	17,308	$	17,308	7	$	7,171

___________________

(1) Represents the following concessions: extension of term (1 loan; post-modification recorded investment of $1.0 million), temporary reduction of interest rate (1 loan; post-modification recorded investment of $0.2 million), and combination of concessions (1 loan; post-modification recorded investment of $0.2 million).

(2) Represents the following concessions: extension of term (4 loans; post-modification recorded investment of $9.0 million) and combination of concessions (3 loans; post-modification recorded investment of $2.4 million).

(3) Represents the following concessions: extension of term.

(4) Represents the following concessions: temporary reduction of interest rate.

(5) Represents the following concessions: extension of term.

	As of and for the three months ended September 30, 2012
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate	—	—		—		—	—
Construction and land	—	—		—		—	—
Residential (2)	1	3,150		3,150		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	3	$	4,957	$	4,957	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: temporary reduction of interest rate.

	As of and for the nine months ended September 30, 2012
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate (2)	6	7,387		7,468		—	—
Construction and land	—	—		—		—	—
Residential (3)	12	7,172		7,172		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	20	$	16,366	$	16,447	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: extension of term (5 loans; post-modification recorded investment of $4.7 million) and combination of concessions (1 loan; post-modification recorded investment of $2.8 million).

(3) Represents the following concessions: payment deferral (1 loan; post-modification recorded investment of $1.9 million), temporary reduction of interest rate (10 loans; post-modification recorded investment of $4.0 million), and combination of concessions (1 loan; post-modification recorded investment of $1.3 million).

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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,299	$	—	$	2,299	$	—
Government-sponsored entities	221,943		—		221,943		—
Municipal bonds	215,966		—		215,966		—
Mortgage-backed securities	247,238		—		247,238		—
Other	15,498		15,498		—		—
Total available for sale securities	702,944		15,498		687,446		—
Derivatives - interest rate customer swaps	1,742		—		1,742		—
Other investments	5,616		5,038		578		—
Liabilities:
Derivatives - interest rate customer swaps	$	1,807	$	—	$	1,807	$	—
Derivatives - junior subordinated debenture interest rate swap	3,839		—		3,839		—
Derivatives - interest rate swaps	333		—		333		—

			Fair value measurements at reporting date using:
	As of December 31, 2012		Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,753	$	—	$	2,753	$	—
Government-sponsored entities	155,002		—		155,002		—
Municipal bonds	210,984		—		210,984		—
Mortgage-backed securities	317,927		—		317,927		—
Other	12,634		12,634		—		—
Total available for sale securities	699,300		12,634		686,666		—
Derivatives - interest rate customer swaps	2,915		—		2,915		—
Derivatives - customer foreign exchange forwards	120		—		120		—
Other investments	5,892		5,206		686		—
Liabilities:
Derivatives - interest rate customer swaps	$	3,047	$	—	$	3,047	$	—
Derivatives - customer foreign exchange forwards	120		—		120		—
Derivatives - junior subordinated debenture interest rate swap	5,189		—		5,189		—

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]

The following tables present the Company’s assets and liabilities measured at fair value on a non-recurring basis during the periods ended September 30, 2013 and 2012, respectively, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2013		Nine months ended September 30, 2013
	(In thousands)
Assets:
Impaired loans (1)	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)
	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)

___________________

(1) Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

	As of September 30, 2012		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2012			Nine months ended September 30, 2012
	(In thousands)
Assets:
Impaired loans (1)	$	20,230	$	—	$	—	$	20,230	$	(4,598	)	$	(5,186	)
OREO (2)	379		—		—		379		(102		)	(102		)
	$	20,609	$	—	$	—	$	20,609	$	(4,700	)	$	(5,288	)

________________

(1) Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Table Text Block]

The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 inputs to determine fair value:

	As of September 30, 2013
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	9,464	Appraisals of Collateral	Discount for costs to sell	0% - 13%	8%
				Appraisal adjustments	0% - 45%	24%

	As of September 30, 2012
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	20,230	Appraisals of Collateral	Discount for costs to sell	6% - 13%	8%
				Appraisal adjustments	0% - 30%	11%
OREO	$	379	Appraisals of Collateral	Discount for costs to sell	8%	8%
				Appraisal adjustments	—%	—%

Impaired loans include those loans that were adjusted to the fair value of underlying collateral as required under ASC 310, Receivables. The amount does not include impaired loans that are measured based on expected future cash flows discounted at the respective loan’s original effective interest rate, as that amount is not considered a fair value measurement. The Company uses appraisals, which management may adjust to reflect estimated fair value declines, or apply other discounts to appraised values for unobservable factors resulting from its knowledge of the property or consideration of broker quotes. The appraisers use a market, income, and/or a cost approach in determining the value of the collateral. Therefore they have been categorized as a Level 3 measurement.

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following tables present the carrying values and fair values of the Company’s financial instruments that are not measured at fair value on a recurring basis (other than certain loans, as noted below):

	As of September 30, 2013
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	323,941	$	323,941	$	323,941	$	—	$	—
Loans, net	4,845,045		4,822,432		—		—		4,822,432
Loans held for sale	1,745		1,745		—		1,745		—
Other financial assets	116,194		116,194		—		116,194		—
FINANCIAL LIABILITIES:
Deposits	4,942,765		4,945,589		—		4,945,589		—
Securities sold under agreements to repurchase	92,499		92,490		—		92,490		—
Federal Home Loan Bank borrowings	391,466		402,158		—		402,158		—
Junior subordinated debentures	110,487		100,487		—		7,394		93,093
Other financial liabilities	9,708		9,708		—		9,708		—

	As of December 31, 2012
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	308,744	$	308,744	$	308,744	$	—	$	—
Loans, net	4,730,079		4,766,574		—		—		4,766,574
Loans held for sale	308,390		308,908		—		308,908		—
Other financial assets	118,087		118,087		—		118,087		—
FINANCIAL LIABILITIES:
Deposits	4,885,059		4,891,465		—		4,891,465		—
Deposits held for sale	194,084		182,592		—		182,592		—
Securities sold under agreements to repurchase	116,319		117,885		—		117,885		—
Federal Home Loan Bank borrowings	408,121		428,037		—		428,037		—
Junior subordinated debentures	143,647		117,502		—		12,804		104,698
Other financial liabilities	10,058		10,058		—		10,058		—

The estimated fair values have been determined by using available quoted market information or other appropriate valuation methodologies. The aggregate fair value amounts presented do not represent the underlying value of the Company taken as a whole.

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Fair Value Measurements Fair Value Nonrecurring Basis (Details) (Fair Value, Measurements, Nonrecurring [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	$ 9,464	[1]	$ 20,230	[2]	$ 9,464	[1]	$ 20,230	[2]
Loans Receivable, Fair Value Adjustment	0		(4,598)		(1,845)		(5,186)
Other Real Estate Owned, Fair Value Disclosure			379	[3]			379	[3]
Other Real Estate Owned, Fair Value Adjustment			(102)				(102)
Assets, Fair Value Disclosure	9,464		20,609		9,464		20,609
Assets, Fair Value Adjustment	0		(4,700)		(1,845)		(5,288)
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	0	[1]	0	[2]	0	[1]	0	[2]
Other Real Estate Owned, Fair Value Disclosure			0	[3]			0	[3]
Assets, Fair Value Disclosure	0		0		0		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	0	[1]	0	[2]	0	[1]	0	[2]
Other Real Estate Owned, Fair Value Disclosure			0	[3]			0	[3]
Assets, Fair Value Disclosure	0		0		0		0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	9,464	[1]	20,230	[2]	9,464	[1]	20,230	[2]
Other Real Estate Owned, Fair Value Disclosure			379	[3]			379	[3]
Assets, Fair Value Disclosure	$ 9,464		$ 20,609		$ 9,464		$ 20,609

[1] Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

[2] Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

[3] One OREO property held at September 30, 2012 had a write-down during the first nine months of 2012.

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Earnings Per Share Basic Earnings Per Share (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	$ 17,886		$ 15,696		$ 49,813		$ 36,770
Net Income (Loss) Attributable to Noncontrolling Interest	871		855		2,770		2,407
Income (Loss) from Continuing Operations Attributable to Parent	17,015		14,841		47,043		34,363
Noncontrolling Interest, Change in Redemption Value	274	[1]	(344)	[1]	162	[1]	(267)	[1]
Preferred Stock Dividends and Other Adjustments	(939)		(91)		(13,752)	[2]	(275)
Other Preferred Stock Dividends and Adjustments	(665)		(435)		(13,590)		(542)
Net Income Loss Continuing Available to Common Shareholders Basic Before Participating	16,350		14,406		33,453		33,821
Undistributed Earnings Continuing Ops Allocated to Participating Securities	(143)		(1,454)		(1,069)		(3,411)
Net Income (Loss) from Continuing Ops Available to Common Stockholders, Basic	16,207		12,952		32,384		30,410
Net income from discontinued operations	1,321		1,672		5,824		5,816
Undistributed Earnings Discontinued Operations Allocated to Participating Securities	(17)		(178)		(309)		(629)
Net Income from Discontinued Ops Available to Common Stockholders, Basic	1,304		1,494		5,515		5,187
Net Income (Loss) Available to Common Stockholders Basic before Allocation to Participating Securities	17,671		16,078		39,277		39,637
Undistributed Earnings Allocated to Participating Securities	(160)		(1,632)		(1,378)		(4,040)
Net income attributable to common shareholders for earnings/ (loss) per share calculation	17,511		14,446		37,899		35,597
Income (Loss) from Continuing Operations, Per Basic Share	$ 0.21		$ 0.17		$ 0.42		$ 0.40
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share	$ 0.02		$ 0.02		$ 0.07		$ 0.07
Earnings Per Share, Basic	$ 0.23		$ 0.19		$ 0.49		$ 0.47
Series B Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Preferred Stock Dividends and Other Adjustments					$ (11,700)
Common Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted Average Basic Common Shares Outstanding	77,670,017		76,290,382		77,249,660		75,911,520

[1] See Part II. Item 8. “Financial Statements and Supplementary Data—Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for a description of the redemption values related to the redeemable noncontrolling interests. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”), an increase in redemption value from period to period reduces income attributable to common shareholders. Decreases in redemption value from period to period increase income attributable to common shareholders, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of this standard in the first quarter of 2009.

[2] Consideration paid in excess of carrying value for the repurchase of the Series B preferred stock of $11.7 million is considered a deemed dividend and, for purposes of calculating EPS, reduces net income attributable to common shareholders for the nine months ended September 30, 2013.

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Investments Schedule of Available-for-sale Securities (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended		12 Months Ended
	Sep. 30, 2013		Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	$ 704,968		$ 690,556
Available-for-sale Securities, Gross Unrealized Gains	4,757		9,851
Available-for-sale Securities, Gross Unrealized Losses	(6,781)		(1,107)
Available-for-sale securities at fair value	702,944		699,300
US Government and Government Agencies and Authorities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	2,309		2,781
Available-for-sale Securities, Gross Unrealized Gains	19		0
Available-for-sale Securities, Gross Unrealized Losses	(29)		(28)
Available-for-sale securities at fair value	2,299		2,753
US Government-sponsored Enterprises Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	222,522		154,058
Available-for-sale Securities, Gross Unrealized Gains	362		962
Available-for-sale Securities, Gross Unrealized Losses	(941)		(18)
Available-for-sale securities at fair value	221,943		155,002
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	216,361		207,952
Available-for-sale Securities, Gross Unrealized Gains	1,423		3,172
Available-for-sale Securities, Gross Unrealized Losses	(1,818)		(140)
Available-for-sale securities at fair value	215,966		210,984
Mortgage Backed Securities, Other [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	248,502	[1]	313,239	[1]
Available-for-sale Securities, Gross Unrealized Gains	2,722	[1]	5,597	[1]
Available-for-sale Securities, Gross Unrealized Losses	(3,986)	[1]	(909)	[1]
Available-for-sale securities at fair value	247,238	[1]	317,927	[1]
Other Aggregated Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	15,274		12,526
Available-for-sale Securities, Gross Unrealized Gains	231		120
Available-for-sale Securities, Gross Unrealized Losses	(7)		(12)
Available-for-sale securities at fair value	$ 15,498		$ 12,634

[1] All mortgage-backed securities are guaranteed by U.S. government agencies or government-sponsored entities.

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Loan Portfolio and Credit Quality Loans by Portfolio Segment (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 4,922,222	$ 4,814,136
Commercial and industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	788,425	806,326
Commercial real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,722,031	1,691,350
Construction and land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	154,609	137,570
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	2,006,702	1,906,089
Home equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	118,094	123,551
Consumer and other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 132,361	$ 149,250

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Noncontrolling Interests (Tables)

9 Months Ended

Sep. 30, 2013

Noncontrolling interests redemption values [Abstract]

Redeemable Noncontrolling Interest [Table Text Block]

The following table presents the contractually determined maximum redemption values to repurchase the noncontrolling interests at the periods indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Anchor	$	10,919	$	11,105
BOS	4,206		5,782
DGHM	2,238		2,400
Total	$	17,363	$	19,287
Redeemable noncontrolling interests	$	17,224	$	19,287
Noncontrolling interests	$	139	$	—

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]

The following table presents an analysis of the Company’s redeemable noncontrolling interests for the periods indicated:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Redeemable noncontrolling interests at beginning of year	$	19,287		$	21,691
Net income attributable to noncontrolling interests	2,770			2,407
Distributions	(2,341		)	(3,168		)
DTC disposition	—			(1,470		)
Adjustments to fair value	(2,492		)	215
Redeemable noncontrolling interests at end of period	$	17,224		$	19,675

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Income Taxes (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Tax Expense Components [Line Items]
Income before income taxes	$ 26,443	$ 20,820	$ 74,818	$ 50,985
Income tax expense	8,557	5,124	25,005	14,215
Net income/(loss) from continuing operations	17,886	15,696	49,813	36,770
Effective Income Tax Rate, Continuing Operations			33.40%	27.90%
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax			10,353	6,999
Discontinued Operation, Tax Effect of Discontinued Operation			4,529	1,183
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	1,321	1,672	5,824	5,816
Effective Tax Rate Discontinued Operations			43.70%	16.90%
Tax effect Attributable to Noncontrolling Interests			0	0
Effective Tax Rate Noncontrolling Interests			0.00%	0.00%
Net Income Attributable to Noncontrolling Interest	871	855	2,770	2,407
Income from Continuing and Discontinued Operations Attributable to Parent Before Tax			82,401	55,577
Tax Expense (Benefit) Total			29,534	15,398
Net income attributable to the Company	$ 18,336	$ 16,513	$ 52,867	$ 40,179
Effective Tax Rate Total			35.80%	27.70%

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Derivatives and Hedging Activities Non-designated Hedges Text description (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013 Not Designated as Hedging Instrument [Member]	Sep. 30, 2012 Not Designated as Hedging Instrument [Member]	Sep. 30, 2013 Interest Rate Swap [Member] Not Designated as Hedging Instrument [Member] contracts	Dec. 31, 2012 Interest Rate Swap [Member] Not Designated as Hedging Instrument [Member] contracts	Sep. 30, 2013 Interest Rate Swap [Member] Designated as Hedging Instrument [Member]	Dec. 31, 2012 Interest Rate Swap [Member] Designated as Hedging Instrument [Member]	Sep. 30, 2013 Foreign Exchange Contract [Member] Not Designated as Hedging Instrument [Member] contracts	Dec. 31, 2012 Foreign Exchange Contract [Member] Not Designated as Hedging Instrument [Member] contracts
Derivative [Line Items]
Derivative, Collateral, Obligation to Return Cash			$ 6.4	$ 8.4
Derivative, Collateral, Right to Reclaim Cash					7.3	10.4
Derivative Credit Risk Valuation Adjustment, Derivative Assets	0	0
Derivative, Number of Instruments Held			6	11			0	6
Derivative, Notional Amount			$ 24.8	$ 55.7				$ 3.7

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Investments Available for Sale Securities in Unrealized Loss Position (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2013 securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 348,217
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	29,936
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	378,153
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	5,830
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	951
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	6,781
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	106
US Government and Government Agencies and Authorities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,122
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,122
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	29
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	29
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	1
US Government-sponsored Enterprises Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	133,454
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	133,454
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	941
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	941
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	11
Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	96,618
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	96,618
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	1,818
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	1,818
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	56
Mortgage Backed Securities, Other [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	118,115
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	28,778
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	146,893
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	3,066
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	920
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	3,986
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	32
Other Aggregated Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	30
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	36
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	66
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses	5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses	2
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses	$ 7
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	6

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Equity (Details) (USD $) In Thousands, except Share data, unless otherwise specified			9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013 Series D Preferred Stock [Member]	Dec. 31, 2012 Series D Preferred Stock [Member]	Sep. 30, 2013 Series B Preferred Stock [Member]	Mar. 31, 2013 Series B Preferred Stock [Member]	Dec. 31, 2012 Series B Preferred Stock [Member]
Class of Stock [Line Items]
Depositary Shares, Issued	2,000,000
Preferred Stock, Contract Terms			Each Depositary Share represents a 1/40th interest in a share
Preferred Stock, Dividend Rate, Percentage			6.95%
Preferred Stock, Par or Stated Value Per Share	$ 1.00	$ 1.00	$ 1.00		$ 1.00
Preferred Stock, Liquidation Preference Per Share			$ 1,000	$ 0	$ 0		$ 100,000
Preferred Stock, Value, Issued	$ 47,753	$ 58,089	$ 47,753	$ 0	$ 0		$ 58,089
Preferred Stock, Shares Issued			50,000	0	0	401	401

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Investments (Tables)

9 Months Ended

Sep. 30, 2013

Investments [Abstract]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

The following table presents a summary of investment securities:

	Amortized Cost		Unrealized					Fair Value
			Gains		Losses
	(In thousands)
As of September 30, 2013
Available for sale securities at fair value:
U.S. government and agencies	$	2,309	$	19	$	(29	)	$	2,299
Government-sponsored entities	222,522		362		(941		)	221,943
Municipal bonds	216,361		1,423		(1,818		)	215,966
Mortgage-backed securities (1)	248,502		2,722		(3,986		)	247,238
Other	15,274		231		(7		)	15,498
Total	$	704,968	$	4,757	$	(6,781	)	$	702,944
As of December 31, 2012
Available for sale securities at fair value:
U.S. government and agencies	$	2,781	$	—	$	(28	)	$	2,753
Government-sponsored entities	154,058		962		(18		)	155,002
Municipal bonds	207,952		3,172		(140		)	210,984
Mortgage-backed securities (1)	313,239		5,597		(909		)	317,927
Other	12,526		120		(12		)	12,634
Total	$	690,556	$	9,851	$	(1,107	)	$	699,300

___________________

(1)  All mortgage-backed securities are guaranteed by U.S. government agencies or government-sponsored entities.

Investments Classified by Contractual Maturity Date [Table Text Block]

The following table presents the maturities of investment securities available for sale, based on contractual maturity, as of September 30, 2013. Certain securities are callable before their final maturity. Additionally, certain securities (such as mortgage-backed securities) are shown within the table below based on their final (contractual) maturity, but, due to prepayments and amortization, are expected to have shorter lives.

	Available for Sale Securities
	Amortized cost		Fair value
	(In thousands)
Within one year	$	64,191	$	64,570
After one, but within five years	320,013		320,262
After five, but within ten years	84,421		83,968
Greater than ten years	236,343		234,144
Total	$	704,968	$	702,944

Realized Gain (Loss) on Investments [Table Text Block]

The following table presents the proceeds from sales, gross realized gains and gross realized losses for securities available for sale that were sold during the following periods:

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Proceeds from sales	$	1,982	$	86	$	3,472	$	49,323
Realized gains	7		25		35		924
Realized losses	—		—		—		(46		)

Schedule of Unrealized Loss on Investments [Table Text Block]

The following table presents information regarding securities as of September 30, 2013 having temporary impairment, due to the fair values having declined below the amortized cost of the individual securities, and the time period that the investments have been temporarily impaired.

	Less than 12 months					12 months or longer					Total
	Fair value		Unrealized losses			Fair value		Unrealized losses			Fair value		Unrealized losses			# of securities
Available for sale securities	(In thousands)
U.S. government and agencies	$	—	$	—		$	1,122	$	(29	)	$	1,122	$	(29	)	1
Government-sponsored entities	133,454		(941		)	—		—			133,454		(941		)	11
Municipal bonds	96,618		(1,818		)	—		—			96,618		(1,818		)	56
Mortgage-backed securities	118,115		(3,066		)	28,778		(920		)	146,893		(3,986		)	32
Other	30		(5		)	36		(2		)	66		(7		)	6
Total	$	348,217	$	(5,830	)	$	29,936	$	(951	)	$	378,153	$	(6,781	)	106

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Consolidated Statements of Stockholders' Equity (USD $) In Thousands, unless otherwise specified	Total	Common Stock [Member]	Preferred Stock Including Additional Paid in Capital [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2011	$ 566,125	$ 78,023	$ 58,089	$ 656,436	$ (230,017)	$ 3,594	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to the Company	40,179	0	0	0	40,179	0	0
Other comprehensive income/ (loss), net of tax	26	0	0	0	0	26	0
Dividends paid to common shareholders	2,344	0	0	2,344	0	0	0
Dividends paid to preferred shareholders	218	0	0	218	0	0	0
Repurchase of Carlyle warrants and Director's warrants	(15,000)	0	0	(15,000)	0	0	0
Net proceeds from issuance of:
Issuance of common stock	1,215	194	0	1,021	0	0	0
Shares through incentive stock grants, net of cancellations and forfeitures	0	626	0	(626)	0	0	0
Amortization of stock compensation and employee stock purchase plan	5,832	0	0	5,832	0	0	0
Stock options exercised	603	87	0	516	0	0	0
Tax deficiency from certain stock compensation awards	(1,098)	0	0	(1,098)	0	0	0
Other equity adjustments	282	0	0	282	0	0	0
Ending Balance at Sep. 30, 2012	595,602	78,930	58,089	644,801	(189,838)	3,620	0
Beginning Balance at Dec. 31, 2012	603,102	78,744	58,089	640,891	(176,746)	2,124	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to the Company	52,867	0	0	0	52,867	0	0
Other comprehensive income/ (loss), net of tax	(6,407)	0	0	0	0	(6,407)	0
Dividends paid to common shareholders	13,542	0	0	13,542	0	0	0
Dividends paid to preferred shareholders	1,792	0	0	1,792	0	0	0
Repurchase of Non-Cumulative Perpetual Contingent Convertible Preferred Stock, Series B	(69,827)	0	(58,089)	(11,738)	0	0	0
Issuance of 6.95% Non-Cumulative Perpetual Preferred Stock, Series D, net of issuance costs	47,753	0	47,753	0	0	0	0
Issuance of noncontrolling interests	139	0	0	0	0	0	139
Net proceeds from issuance of:
Issuance of common stock	1,230	157	0	1,073	0	0	0
Shares through incentive stock grants, net of cancellations and forfeitures	0	638	0	(638)	0	0	0
Amortization of stock compensation and employee stock purchase plan	5,282	0	0	5,282	0	0	0
Stock options exercised	2,127	283	0	1,844	0	0	0
Tax deficiency from certain stock compensation awards	(597)	0	0	(597)	0	0	0
Other equity adjustments	2,702	0	0	2,702	0	0	0
Ending Balance at Sep. 30, 2013	$ 623,037	$ 79,822	$ 47,753	$ 623,485	$ (123,879)	$ (4,283)	$ 139

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:
Net income attributable to the Company	$ 52,867	$ 40,179
Adjustments to arrive at net income from continuing operations [Abstract]
Net Income Attributable to Noncontrolling Interest	2,770	2,407
(Income) Before Tax of Discontinued Operations Not Including Gain on Disposal	(10,353)	(6,778)
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	0	221
Discontinued Operation, Tax Effect of Discontinued Operation	4,529	1,183
Net income/(loss) from continuing operations	49,813	36,770
Adjustments to reconcile net income/(loss) from continuing operations to net cash provided by/(used in) operating activities:
Depreciation and amortization	14,715	14,403
Net income/ (loss) attributable to noncontrolling interests	(2,770)	(2,407)
Equity issued as compensation	5,282	5,832
Provision for loan losses	(8,000)	1,700
Loans originated for sale	(205,085)	(144,024)
Proceeds from sale of loans held for sale	232,114	146,730
Gain on repurchase of debt	(620)	(2,570)
Gain on sale of Pacific Northwest offices	(10,574)	0
Deferred income tax expense/ (benefit)	4,931	2,465
Net decrease/(increase) in other operating activities	9,350	(1,485)
Net cash provided by/(used in) operating activities of continuing operations	89,156	57,414
Net cash provided by/(used in) operating activities of discontinued operations	5,824	(5,161)
Net cash provided by/(used in) operating activities	94,980	52,253
Investment securities available for sale:
Purchases	(211,450)	(274,894)
Sales	3,472	49,323
Maturities, redemptions, and principal payments	188,100	311,245
(Investments)/distributions in trusts, net	169	(691)
(Purchase)/ redemption of Federal Home Loan Banks stock	2,266	828
Net (increase)/ decrease in portfolio loans	(119,349)	(456,026)
Proceeds from recoveries of loans previously charged-off	5,406	6,473
Proceeds from sale of OREO	2,455	3,275
Proceeds from sale of portfolio loans	9,449	0
Proceeds from sale of Pacific Northwest offices	123,693	0
Capital expenditures	(6,895)	(4,522)
Cash received from sale of discontinued operations	0	5,218
Cash used in other investing activities	224	0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(2,908)	(359,771)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	0	(21)
Net cash provided by/(used in) investing activities	(2,908)	(359,792)
Cash flows from financing activities:
Net increase/ (decrease) in deposits, including deposits held for sale	31,776	132,383
Net (decrease)/ increase in securities sold under agreements to repurchase	(23,820)	(24,078)
Net (decrease)/increase in federal funds purchased	0	85,000
Net (decrease)/increase in short-term Federal Home Loan Bank borrowings	(40,000)	130,000
Advances of long-term Federal Home Loan Bank borrowings	120,000	30,000
Repayments of long-term Federal Home Loan Bank borrowings	(96,655)	(128,881)
Repurchase of debt	(31,536)	(20,094)
Dividends paid to common stockholders	(13,542)	(2,344)
Dividends paid to preferred stockholders	(1,792)	(218)
Proceeds from Issuance of Preferred Stock and Preference Stock	47,753	0
Payments for Repurchase of Preferred Stock and Preference Stock	(69,827)	0
Repurchase of Warrants	0	(15,000)
Tax deficiency from certain stock compensation awards	(597)	(1,098)
Proceeds from stock option exercises	2,127	603
Proceeds from issuance of common stock, net	1,230	1,215
Distributions paid to noncontrolling interests	(2,341)
Other equity adjustments	349	282
Net cash provided by/ (used in) financing activities of continuing operations	(76,875)	187,770
Net cash provided by (used in) financing activities of discontinued operations	0	0
Net cash provided by/(used in) financing activities	(76,875)	187,770
Net increase/(decrease) in cash and cash equivalents	15,197	(119,769)
Cash and cash equivalents at beginning of year	308,744	203,354
Cash and cash equivalents at end of period	323,941	83,585
Supplementary schedule of non-cash investing and financing activities:
Cash paid for interest	22,533	31,984
Cash paid for income taxes, net of (refunds received)	25,261	12,473
Net unrealized gain/ (loss) on securities available for sale	(6,541)	299
Net unrealized gain/ (loss) on cash flow hedges	576	(135)
Net unrealized gain/ (loss) on other	(442)	(138)
Loans transferred into other real estate owned from held for sale or portfolio	(372)	1,137
Loans transferred into/(out of) held for sale from/(to) portfolio	$ 5,593	$ 124,375

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Reportable Segments

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Reportable segments

Management Reporting

The Company has three reportable segments (Private Banking, Investment Management, and Wealth Advisory) and the Parent Company (Boston Private Financial Holdings, Inc.) (the “Holding Company”). The financial performance of the Company is managed and evaluated by these three areas. The segments are managed separately as a result of the concentrations in each function.

Measurement of Segment Profit and Assets

The accounting policies of the segments are the same as those described in Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Revenues, expenses, and assets are recorded by each segment, and separate financial statements are reviewed by their management and the Company’s segment chief executive officers.

Reconciliation of Reportable Segment Items

The following tables present a reconciliation of the revenues, profits, assets, and other significant items of reportable segments as of and for the three and nine months ended September 30, 2013 and 2012. Interest expense on junior subordinated debentures is reported at the Holding Company.

	Three months ended September 30,
	Net interest income						Non-interest income				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	43,371		$	47,812		$	8,873	$	7,937	$	52,244		$	55,749
Total Investment Managers	5			6			10,518		10,043		10,523			10,049
Total Wealth Advisors	15			6			10,698		9,494		10,713			9,500
Total Segments	43,391			47,824			30,089		27,474		73,480			75,298
Holding Company and Eliminations	(1,089		)	(1,458		)	5		1,130		(1,084		)	(328		)
Total Company	$	42,302		$	46,366		$	30,094	$	28,604	$	72,396		$	74,970

	Three months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	32,717	$	36,785	$	8,774		$	8,133		$	16,753		$	14,831
Total Investment Managers	8,376		7,841		714			748			1,433			1,460
Total Wealth Advisors	7,341		6,806		1,282			996			2,090			1,698
Total Segments	48,434		51,432		10,770			9,877			20,276			17,989
Holding Company and Eliminations	3,519		6,718		(2,213		)	(4,753		)	(2,390		)	(2,293		)
Total Company	$	51,953	$	58,150	$	8,557		$	5,124		$	17,886		$	15,696

	Three months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	16,753		$	14,831		$	69	$	26
Total Investment Managers	438		444		995			1,016			739		800
Total Wealth Advisors	433		411		1,657			1,287			248		256
Total Segments	871		855		19,405			17,134			1,056		1,082
Holding Company and Eliminations	—		—		(1,069		)	(621		)	—		—
Total Company	$	871	$	855	$	18,336		$	16,513		$	1,056	$	1,082

	As of September 30,										Three months ended September 30,
	Assets				AUM (3)						Depreciation
	2013		2012		2013			2012			2013		2012
	(In thousands)				(In millions)						(In thousands)
Total Bank	$	6,090,343	$	6,071,302	$	4,263		$	3,784		$	1,282	$	1,496
Total Investment Managers	101,981		105,349		9,697			8,553			58		59
Total Wealth Advisors	71,172		71,936		8,809			7,797			89		91
Total Segments	6,263,496		6,248,587		22,769			20,134			1,429		1,646
Holding Company and Eliminations	11,443		24,197		(21		)	(20		)	76		58
Total Company	$	6,274,939	$	6,272,784	$	22,748		$	20,114		$	1,505	$	1,704

	Nine months ended September 30,
	Net interest income						Non-interest income (4)				Total revenues
	2013			2012			2013		2012		2013			2012
	(In thousands)
Total Bank	$	133,738		$	142,467		$	38,078	$	24,233	$	171,816		$	166,700
Total Investment Managers	15			21			31,480		29,110		31,495			29,131
Total Wealth Advisors	51			19			31,081		27,900		31,132			27,919
Total Segments	133,804			142,507			100,639		81,243		234,443			223,750
Holding Company and Eliminations	(3,327		)	(4,777		)	907		2,824		(2,420		)	(1,953		)
Total Company	$	130,477		$	137,730		$	101,546	$	84,067	$	232,023		$	221,797

	Nine months ended September 30,
	Non-interest expense (1)				Income tax expense						Net income from continuing operations
	2013		2012		2013			2012			2013			2012
	(In thousands)
Total Bank	$	103,857	$	108,030	$	26,190		$	19,312		$	49,769		$	37,658
Total Investment Managers	24,422		23,351		2,329			1,977			4,744			3,803
Total Wealth Advisors	21,809		20,334		3,463			2,771			5,860			4,814
Total Segments	150,088		151,715		31,982			24,060			60,373			46,275
Holding Company and Eliminations	15,117		17,397		(6,977		)	(9,845		)	(10,560		)	(9,505		)
Total Company	$	165,205	$	169,112	$	25,005		$	14,215		$	49,813		$	36,770

	Nine months ended September 30,
	Net income attributable to noncontrolling interests				Net income attributable to the Company (2)						Amortization of intangibles
	2013		2012		2013			2012			2013		2012
	(In thousands)
Total Bank	$	—	$	—	$	49,769		$	37,658		$	210	$	79
Total Investment Managers	1,425		1,184		3,319			2,619			2,319		2,401
Total Wealth Advisors	1,345		1,223		4,515			3,591			746		783
Total Segments	2,770		2,407		57,603			43,868			3,275		3,263
Holding Company and Eliminations	—		—		(4,736		)	(3,689		)	—		—
Total Company	$	2,770	$	2,407	$	52,867		$	40,179		$	3,275	$	3,263

	Nine months ended September 30,
	Depreciation
	2013		2012
	(In thousands)
Total Bank	$	4,050	$	4,364
Total Investment Managers	164		189
Total Wealth Advisors	277		269
Total Segments	4,491		4,822
Holding Company and Eliminations	167		148
Total Company	$	4,658	$	4,970

___________________

(1) Non-interest expense for the three and nine months ended September 30, 2013 includes no restructuring expense. Non-interest expense for the three and nine months ended September 30, 2012 includes $3.6 million and $4.3 million, respectively, of restructuring expense. Restructuring expenses were incurred in the Private Banking segment as well as at the Holding Company.

(2) Net income from discontinued operations for the three months ended September 30, 2013, and 2012 of $1.3 million, and $1.7 million, respectively, and for the nine months ended September 30, 2013, and 2012, of $5.8 million and $5.8 million, respectively, are included in Holding Company and Eliminations in the calculation of net income attributable to the Company.

(3) “AUM” represents Assets Under Management and Advisory at the affiliates. AUM at DTC have been removed since DTC operations are classified with discontinued operations.

(4) Included in Bank non-interest income for the nine months ended September 30, 2013 is the $10.6 million gain on sale of its three offices in the Pacific Northwest region.

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Basis of Presentation and Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation and Significant Accounting Policies [Text Block]

Basis of Presentation and Summary of Significant Accounting Policies

Boston Private Financial Holdings, Inc. (the “Company” or “BPFH”), is a bank holding company with three reportable segments: Private Banking, Investment Management, and Wealth Advisory.

Boston Private Bank & Trust Company (the “Bank” or “Boston Private Bank”) is a trust company chartered by The Commonwealth of Massachusetts, insured by the Federal Deposit Insurance Corporation (the “FDIC”), and a wholly-owned subsidiary of the Company. In December 2012, the Bank entered into a definitive agreement to sell its three offices in the Pacific Northwest market. The sale was completed in May 2013. Boston Private Bank currently operates in three geographic markets: New England, San Francisco Bay, and Southern California.

The Investment Management segment has two consolidated affiliates, consisting of Dalton, Greiner, Hartman, Maher & Co., LLC (“DGHM”) and Anchor Capital Advisors, LLC (“Anchor”) (together, the “Investment Managers”), both of which are registered investment advisers. Effective January 1, 2013, Anchor/Russell Capital Advisors LLC (“Anchor Russell”) merged into Anchor, with Anchor as the surviving entity. Anchor Capital Holdings, LLC, the former holding company of Anchor and Anchor Russell, which was dissolved upon the merger of Anchor and Anchor Russell, has been reinstated but will remain a pass through entity with no operations. It will continue to be disregarded for tax purposes.

The Wealth Advisory segment has two consolidated affiliates, consisting of KLS Professional Advisors Group, LLC (“KLS”) and Bingham, Osborn & Scarborough, LLC (“BOS”) (together, the “Wealth Advisors”). In the second quarter of 2012, the Company sold its affiliate Davidson Trust Company (“DTC”). Accordingly, prior period financial information related to DTC is included with discontinued operations.

The Company conducts substantially all of its business through its three reportable segments. All significant intercompany accounts and transactions have been eliminated in consolidation.

The unaudited interim consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), and include all necessary adjustments of a normal recurring nature which, in the opinion of management, are required for a fair presentation of the results of operations and financial condition of the Company. The interim results of consolidated operations are not necessarily indicative of the results for the entire year.

The information in this report should be read in conjunction with the consolidated financial statements and accompanying notes included in the Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities and Exchange Commission (“SEC”). Prior period amounts are reclassified whenever necessary to conform to the current period presentation.

The Company’s significant accounting policies are described in Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC. For interim reporting purposes, the Company follows the same significant accounting policies.

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Investments Maturities of AFS Securities (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	$ 64,191
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	320,013
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	84,421
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	236,343
Investment securities available for sale at amortized cost	704,968	690,556
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value	64,570
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	320,262
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	83,968
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	234,144
Available-for-sale Securities	$ 702,944	$ 699,300

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Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2013

Allowance for Loan Losses [Abstract]

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following tables present a summary of the changes in the allowance for loan losses for the periods indicated:

	As of and for the three months ended September 30,						As of and for the nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Allowance for loan losses, beginning of period:
Commercial and industrial	$	11,883		$	13,243		$	11,825		$	12,163
Commercial real estate	48,744			64,577			52,497			63,625
Construction and land	4,923			6,163			5,016			6,382
Residential	11,625			10,844			10,892			9,286
Home equity	1,201			1,489			1,085			1,535
Consumer and other	412			740			540			1,149
Unallocated	2,012			1,998			2,202			1,974
Total allowance for loan losses, beginning of period	80,800			99,054			84,057			96,114
Provision/ (credit) for loan losses:
Commercial and industrial	(533		)	(1,339		)	(1,441		)	1,766
Commercial real estate	(5,719		)	(3,035		)	(8,266		)	(2,147		)
Construction and land	(427		)	(1,448		)	(1,250		)	(2,177		)
Residential	549			1,659			2,687			4,498
Home equity	(9		)	69			444			(38		)
Consumer and other	18			(38		)	(105		)	(358		)
Unallocated	121			132			(69		)	156
Total provision/ (credit) for loan losses	(6,000		)	(4,000		)	(8,000		)	1,700
Loans charged-off:
Commercial and industrial	(41		)	(1,108		)	(68		)	(3,777		)
Commercial real estate	—			(2,339		)	(2,339		)	(5,606		)
Construction and land	—			(710		)	(100		)	(710		)
Residential	—			(1,544		)	(1,405		)	(2,825		)
Home equity	—			(129		)	(360		)	(129		)
Consumer and other	(9		)	(19		)	(14		)	(111		)
Total charge-offs	(50		)	(5,849		)	(4,286		)	(13,158		)
Recoveries on loans previously charged-off:
Commercial and industrial	91			794			1,084			1,438
Commercial real estate	1,958			59			3,091			3,390
Construction and land	378			1,065			1,208			1,575
Residential	—			—			—			—
Home equity	—			—			23			61
Consumer and other	—			6			—			9
Total recoveries	2,427			1,924			5,406			6,473

	As of and for the three months ended September 30,				As of and for the nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)
Allowance for loan losses at end of period:
Commercial and industrial	11,400		11,590		11,400		11,590
Commercial real estate	44,983		59,262		44,983		59,262
Construction and land	4,874		5,070		4,874		5,070
Residential	12,174		10,959		12,174		10,959
Home equity	1,192		1,429		1,192		1,429
Consumer and other	421		689		421		689
Unallocated	2,133		2,130		2,133		2,130
Total allowance for loan losses at end of period	$	77,177	$	91,129	$	77,177	$	91,129

Impaired Financing Receivables [Table Text Block]

The following tables present, by class of receivable, the balance of impaired loans with and without a related allowance, the associated allowance for those impaired loans with a related allowance, and the total unpaid principal on impaired loans:

	As of and for the three and nine months ended September 30, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,068	$	3,299	n/a		$	2,558	$	4,521	$	62	$	332
Commercial real estate	30,965		42,572		n/a		30,847		34,896		247		781
Construction and land	1,078		1,800		n/a		1,083		1,605		6		103
Residential	3,662		5,340		n/a		3,229		4,141		20		106
Home equity	89		89		n/a		89		141		3		4
Consumer and other	7		7		n/a		2		1		—		—
Subtotal	37,869		53,107		n/a		37,808		45,305		338		1,326
With an allowance recorded:
Commercial and industrial	2,558		2,644		$	253	2,496		2,385		1		23
Commercial real estate	13,905		15,197		1,508		17,630		19,909		89		677
Construction and land	4,185		4,405		794		4,185		3,260		—		—
Residential	12,844		12,844		1,746		13,171		12,680		100		389
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	33,492		35,090		4,301		37,482		38,234		190		1,089
Total:
Commercial and industrial	4,626		5,943		253		5,054		6,906		63		355
Commercial real estate	44,870		57,769		1,508		48,477		54,805		336		1,458
Construction and land	5,263		6,205		794		5,268		4,865		6		103
Residential	16,506		18,184		1,746		16,400		16,821		120		495
Home equity	89		89		—		89		141		3		4
Consumer and other	7		7		—		2		1		—		—
Total	$	71,361	$	88,197	$	4,301	$	75,290	$	83,539	$	528	$	2,415

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the three and nine months ended September 30, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	5,064	$	8,361	n/a		$	3,686	$	4,826	$	—	$	—
Commercial real estate	34,789		55,034		n/a		28,714		30,315		39		226
Construction and land	4,630		6,783		n/a		5,655		6,115		—		97
Residential	9,764		11,195		n/a		9,482		9,747		71		243
Home equity	360		360		n/a		360		354		1		3
Consumer and other	—		—		n/a		73		53		—		—
Subtotal	54,607		81,733		n/a		47,970		51,410		111		569
With an allowance recorded:
Commercial and industrial	1,285		1,285		$	123	2,731		1,983		—		—
Commercial real estate	25,516		26,901		2,507		24,462		25,190		200		562
Construction and land	1,018		1,062		425		2,187		1,662		—		—
Residential	12,067		12,067		1,080		12,885		11,604		119		277
Home equity	131		131		131		131		131		1		4
Consumer and other	—		—		—		—		—		—		—
Subtotal	40,017		41,446		4,266		42,396		40,570		320		843
Total:
Commercial and industrial	6,349		9,646		123		6,417		6,809		—		—
Commercial real estate	60,305		81,935		2,507		53,176		55,505		239		788
Construction and land	5,648		7,845		425		7,842		7,777		—		97
Residential	21,831		23,262		1,080		22,367		21,351		190		520
Home equity	491		491		131		491		485		2		7
Consumer and other	—		—		—		73		53		—		—
Total	$	94,624	$	123,179	$	4,266	$	90,366	$	91,980	$	431	$	1,412

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the year ended December 31, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	3,274	$	4,499	n/a		$	4,707	$	—
Commercial real estate	40,133		64,424		n/a		31,736		283
Construction and land	1,310		2,682		n/a		5,532		97
Residential	2,337		2,594		n/a		8,885		312
Home equity	360		360		n/a		355		3
Consumer and other	—		—		n/a		40		—
Subtotal	47,414		74,559		n/a		51,255		695
With an allowance recorded:
Commercial and industrial	1,149		1,191		$	118	1,855		1
Commercial real estate	18,519		19,814		1,667		24,510		727
Construction and land	903		953		189		1,486		—
Residential	13,539		13,798		1,403		11,781		374
Home equity	—		—		—		114		5
Consumer and other	—		—		—		—		—
Subtotal	34,110		35,756		3,377		39,746		1,107
Total:
Commercial and industrial	4,423		5,690		118		6,562		1
Commercial real estate	58,652		84,238		1,667		56,246		1,010
Construction and land	2,213		3,635		189		7,018		97
Residential	15,876		16,392		1,403		20,666		686
Home equity	360		360		—		469		8
Consumer and other	—		—		—		40		—
Total	$	81,524	$	110,315	$	3,377	$	91,001	$	1,802

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

The following tables present the Company’s allowance for loan losses and loan portfolio at September 30, 2013 and December 31, 2012 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at September 30, 2013 or December 31, 2012.

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	11,147	$	43,475	$	4,080	$	10,428
Loans individually evaluated	253		1,508		794		1,746
Total allowance for loan losses	$	11,400	$	44,983	$	4,874	$	12,174
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	783,799	$	1,677,161	$	149,346	$	1,990,196
Loans individually evaluated	4,626		44,870		5,263		16,506
Total Loans	$	788,425	$	1,722,031	$	154,609	$	2,006,702

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	1,192	$	421	$	2,133	$	72,876
Loans individually evaluated	—		—		—		4,301
Total allowance for loan losses	$	1,192	$	421	$	2,133	$	77,177
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	118,005	$	132,354	$	—	$	4,850,861
Loans individually evaluated	89		7		—		71,361
Total Loans	$	118,094	$	132,361	$	—	$	4,922,222

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	11,707	$	50,830	$	4,827	$	9,489
Loans individually evaluated	118		1,667		189		1,403
Total allowance for loan losses	$	11,825	$	52,497	$	5,016	$	10,892
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	801,903	$	1,632,698	$	135,357	$	1,890,213
Loans individually evaluated	4,423		58,652		2,213		15,876
Total Loans	$	806,326	$	1,691,350	$	137,570	$	1,906,089

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	1,085	$	540	$	2,202	$	80,680
Loans individually evaluated	—		—		—		3,377
Total allowance for loan losses	$	1,085	$	540	$	2,202	$	84,057
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	123,191	$	149,250	$	—	$	4,732,612
Loans individually evaluated	360		—		—		81,524
Total Loans	$	123,551	$	149,250	$	—	$	4,814,136

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Equity Preferred Stock Detail (Tables)

9 Months Ended

Sep. 30, 2013

Preferred Stock Detail [Abstract]

Schedule of Stock by Class [Table Text Block]

The following table presents the details of the classes of preferred stock outstanding as of the dates indicated:

	September 30, 2013		December 31, 2012
	(Dollars in thousands)
Preferred stock, $1.00 par value; authorized: 2,000,000 shares:
Series B, issued and outstanding (contingently convertible): 0 shares at September 30, 2013 and 401 shares at December 31, 2012; liquidation value: $100,000 per share	$	—	$	58,089
Series D, 6.95% Non-Cumulative Perpetual, issued and outstanding: 50,000 shares at September 30, 2013, 0 shares at December 31, 2012; liquidation preference: $1,000 per share	47,753		—
Total preferred stock	$	47,753	$	58,089

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Restructuring (Details) (USD $)	3 Months Ended						33 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2011	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date							$ 14,000,000
Restructuring Reserve	1,903,000	2,879,000	897,000	1,392,000	2,513,000	4,111,000		3,623,000	3,099,000
Restructuring and Related Cost, Incurred Cost	0	0	0	564,000	135,000	3,581,000
Restructuring Reserve, Settled with Cash	(976,000)	(744,000)	(1,006,000)	(1,685,000)	(721,000)	(862,000)
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost							0
Restructuring Reserve	1,805,000	2,781,000	799,000	1,181,000	2,198,000	4,013,000		3,517,000	2,658,000
Restructuring and Related Cost, Incurred Cost	0	0	0	22,000	(1,000)	3,409,000
Restructuring Reserve, Settled with Cash	(976,000)	(736,000)	(1,006,000)	(1,039,000)	(459,000)	(577,000)
Contract Termination [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	98,000	98,000	98,000	211,000	211,000	98,000		98,000	211,000
Restructuring and Related Cost, Incurred Cost	0	0	0	255,000	0	147,000
Restructuring Reserve, Settled with Cash	0	0	0	(255,000)	0	(260,000)
Restructuring Related Professional Fees [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	0	0	0	104,000	0		8,000	230,000
Restructuring and Related Cost, Incurred Cost	0	0	0	183,000	128,000	22,000
Restructuring Reserve, Settled with Cash	0	(8,000)	0	(287,000)	(254,000)	(22,000)
Other Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	0	0	0	0	0		0	0
Restructuring and Related Cost, Incurred Cost	0	0	0	104,000	8,000	3,000
Restructuring Reserve, Settled with Cash	0	0	0	(104,000)	(8,000)	(3,000)
Private Banking Segment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date							9,500,000
Holding Company and Eliminations Segment [Domain]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date							4,500,000
Senior Executive Restructuring Plan 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date							$ 4,800,000

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Earnings Per Share Securities Excluded Due to Exercise Price Exceeding Average Price During Period (Details) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Shares Excluded Due to Exercise Price Exceeding Average Price During Period [Line Items]
Shares Excluded Due to Exercise Price Exceeding Average Price During Period	1,214		2,102		1,446		2,180
Outstanding Stock Awards [Member]
Shares Excluded Due to Exercise Price Exceeding Average Price During Period [Line Items]
Shares Excluded Due to Exercise Price Exceeding Average Price During Period	1,214	[1]	2,102	[1]	1,446	[1]	2,180	[1]

[1] Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

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Equity Preferred stock details (Details) (USD $) In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
Class of Stock [Line Items]
Preferred Stock, Value, Issued	$ 47,753		$ 58,089
Preferred Stock, Par or Stated Value Per Share	$ 1.00		$ 1.00
Preferred Stock, Shares Authorized	2,000,000		2,000,000
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Value, Issued	0		58,089
Preferred Stock, Par or Stated Value Per Share	$ 1.00
Preferred Stock, Shares Issued	0	401	401
Preferred Stock, Shares Outstanding	0		401
Preferred Stock, Liquidation Preference Per Share	$ 0		$ 100,000
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Value, Issued	$ 47,753		$ 0
Preferred Stock, Par or Stated Value Per Share	$ 1.00
Preferred Stock, Shares Issued	50,000		0
Preferred Stock, Shares Outstanding	50,000		0
Preferred Stock, Liquidation Preference Per Share	$ 1,000		$ 0

XML

Loan Portfolio and Credit Quality Loan footnote text disclosures (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Deferred Income	$ (4,200,000)	$ (4,200,000)
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	1,712,000	3,556,000
Loans Held-for-sale, Other	1,745,000	308,390,000
Financing Receivable, Modifications, Recorded Investment	59,500,000	54,500,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Time to obtain new appraisal on impaired loans	12
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Time to obtain new appraisal on impaired loans	18
Accruing Troubled Debt Restructured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 28,000,000	$ 26,700,000

XML

Loan Portfolio and Credit Quality Nonaccrual Loans by Class of Financing Receivable (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 50,792	$ 60,745
Commercial and industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	4,575	4,337
Commercial real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	27,996	41,696
Construction and land [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	4,920	2,213
Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	13,140	11,744
Home equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	134	660
Consumer and other [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 27	$ 95

XML

Fair Value Measurements Fair Value Recurring Basis (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	$ 702,944		$ 699,300
US Government and Government Agencies and Authorities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	2,299		2,753
US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	221,943		155,002
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	215,966		210,984
Mortgage Backed Securities, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	247,238	[1]	317,927	[1]
Other Aggregated Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	15,498		12,634
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	702,944		699,300
Alternative Investments, Fair Value Disclosure	5,616		5,892
Fair Value, Measurements, Recurring [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	3,839		5,189
Fair Value, Measurements, Recurring [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	333
Fair Value, Measurements, Recurring [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets	1,742		2,915
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	1,807		3,047
Fair Value, Measurements, Recurring [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure			120
Derivative Financial Instruments, Liabilities, Fair Value Disclosure			120
Fair Value, Measurements, Recurring [Member] | US Government and Government Agencies and Authorities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	2,299		2,753
Fair Value, Measurements, Recurring [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	221,943		155,002
Fair Value, Measurements, Recurring [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	215,966		210,984
Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	247,238		317,927
Fair Value, Measurements, Recurring [Member] | Other Aggregated Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	15,498		12,634
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	15,498		12,634
Alternative Investments, Fair Value Disclosure	5,038		5,206
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets	0		0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure			0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure			0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government and Government Agencies and Authorities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage Backed Securities, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other Aggregated Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	15,498		12,634
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	687,446		686,666
Alternative Investments, Fair Value Disclosure	578		686
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	3,839		5,189
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	333
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets	1,742		2,915
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	1,807		3,047
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure			120
Derivative Financial Instruments, Liabilities, Fair Value Disclosure			120
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government and Government Agencies and Authorities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	2,299		2,753
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	221,943		155,002
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	215,966		210,984
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage Backed Securities, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	247,238		317,927
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other Aggregated Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0		0
Available-for-sale Securities	0		0
Alternative Investments, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets	0		0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure			0
Derivative Financial Instruments, Liabilities, Fair Value Disclosure			0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government and Government Agencies and Authorities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage Backed Securities, Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	0		0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other Aggregated Investments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	$ 0		$ 0

[1] All mortgage-backed securities are guaranteed by U.S. government agencies or government-sponsored entities.

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Consolidated Balance Sheets Parentheticals (USD $) In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Investment securities available for sale at amortized cost	$ 704,968	$ 690,556
Preferred Stock, Par or Stated Value Per Share	$ 1.00	$ 1.00
Preferred Stock, Shares Authorized	2,000,000	2,000,000
Common Stock, Par or Stated Value Per Share	$ 1.00	$ 1.00
Common Stock, Shares Authorized	170,000,000	170,000,000
Common Stock, Shares, Issued	79,821,898	78,743,518
Common Stock, Shares, Outstanding	79,821,898	78,743,518

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Loan Portfolio and Credit Quality

9 Months Ended

Sep. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

Financing Receivables [Text Block]

Loan Portfolio and Credit Quality

The Bank’s lending activities are conducted principally in the regions of New England, San Francisco Bay, and Southern California. In December 2012, the Bank entered into an agreement to sell its three banking offices in the Pacific Northwest market, and therefore the loans included in the Pacific Northwest transaction were classified as held for sale and are not included in the December 31, 2012 data below. The sale was completed in May 2013.

The Bank originates single and multi-family residential loans, commercial real estate loans, commercial and industrial loans, construction and land loans, and home equity and other consumer loans. Most loans are secured by borrowers’ personal or business assets. The ability of the Bank’s single family residential and consumer borrowers to honor their repayment commitments is generally dependent on the overall economic conditions within the Bank’s lending areas. Commercial, construction, and land borrowers’ ability to repay is generally dependent upon the health of the economy and real estate values, including, in particular, the performance of the construction sector. Accordingly, the ultimate collectability of a substantial portion of the Bank’s loan portfolio is susceptible to changing conditions in the New England, San Francisco Bay, and Southern California economies and real estate markets.

Total loans include deferred loan fees/ (costs), net, of ($4.2) million as of both September 30, 2013 and December 31, 2012. Deferred loan fees/ (costs) include unamortized premiums or discounts related to mortgage loans purchased by the Bank.

The following table presents a summary of the loan portfolio based on the portfolio segment as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	788,425	$	806,326
Commercial real estate	1,722,031		1,691,350
Construction and land	154,609		137,570
Residential	2,006,702		1,906,089
Home equity	118,094		123,551
Consumer and other	132,361		149,250
Total Loans	$	4,922,222	$	4,814,136

The following table presents nonaccrual loans receivable by class of receivable as of the dates indicated:

	September 30, 2013		December 31, 2012
	(In thousands)
Commercial and industrial	$	4,575	$	4,337
Commercial real estate	27,996		41,696
Construction and land	4,920		2,213
Residential	13,140		11,744
Home equity	134		660
Consumer and other	27		95
Total	$	50,792	$	60,745

The Bank’s policy is to discontinue the accrual of interest on a loan when the collectability of principal or interest is in doubt. In certain instances, although infrequent, loans that have become 90 days or more past due may remain on accrual status if the value of the collateral securing the loan is sufficient to cover principal and interest and the loan is in the process of collection. There were $1.7 million of loans 90 days or more past due, but still accruing, as of September 30, 2013 and $3.6 million as of December 31, 2012. The Bank’s policy for returning a loan to accrual status requires the loan to be brought current and for the client to show a history of making timely payments (generally six consecutive months). For troubled debt restructured loans (“TDRs”), a return to accrual status generally requires timely payments for a period of six months in accordance with the restructured loan terms, along with meeting other criteria.

The following tables show the payment status of loans receivable by class of receivable as of the dates indicated:

	September 30, 2013
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	1,128	$	13	$	—	$	1,141	$	1,351	$	—	$	3,224	$	4,575	$	782,709	$	788,425
Commercial real estate	1,018		525		1,647		3,190		13,548		—		14,448		27,996		1,690,845		1,722,031
Construction and land	679		13		65		757		3,988		49		883		4,920		148,932		154,609
Residential	—		3,758		—		3,758		5,648		216		7,276		13,140		1,989,804		2,006,702
Home equity	1,020		—		—		1,020		39		—		95		134		116,940		118,094
Consumer and other	27		2		—		29		—		4		23		27		132,305		132,361
Total	$	3,872	$	4,311	$	1,712	$	9,895	$	24,574	$	269	$	25,949	$	50,792	$	4,861,535	$	4,922,222

	December 31, 2012
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due (1)		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	10,684	$	210	$	257	$	11,151	$	3,073	$	—	$	1,264	$	4,337	$	790,838	$	806,326
Commercial real estate	3,331		4,572		3,249		11,152		29,125		8,913		3,658		41,696		1,638,502		1,691,350
Construction and land	42		3,216		50		3,308		723		137		1,353		2,213		132,049		137,570
Residential	20,194		3,218		—		23,412		5,101		1,980		4,663		11,744		1,870,933		1,906,089
Home equity	119		39		—		158		300		—		360		660		122,733		123,551
Consumer and other	569		182		—		751		93		—		2		95		148,404		149,250
Total	$	34,939	$	11,437	$	3,556	$	49,932	$	38,415	$	11,030	$	11,300	$	60,745	$	4,703,459	$	4,814,136

___________________

(1) Does not include one commercial and industrial 30-59 day delinquent loan totaling $0.3 million in loans held for sale as of December 31, 2012.

Nonaccruing and delinquent loans are affected by factors, such as economic and business conditions, interest rates, unemployment levels, and real estate collateral values, among others. In periods of prolonged economic declines, borrowers may become more severely impacted over time as liquidity levels decline and the borrower’s ability to continue to make payments deteriorates. With respect to real estate collateral values, the declines from the peak, as well as the value of the real estate at the time of origination versus the current value, can impact the level of problem loans. For instance, if the loan to value ratio at the time of renewal has increased due to the decline in the real estate value since origination, the loan may no longer meet the Bank’s underwriting standards and may not be renewed.

Generally when a collateral dependent commercial loan becomes impaired, an updated appraisal of the collateral, if appropriate, is obtained. In limited circumstances, an updated appraisal is obtained on residential and home equity loans that are classified as impaired. If the impaired loan has not been upgraded to a performing status within a reasonable amount of time, the Bank continues to obtain newer appraisals, approximately every 12 to 18 months or sooner, if deemed necessary, especially during periods of declining values.

The past due status of a loan is determined in accordance with its contractual repayment terms. All loan types are reported past due when one scheduled payment is due and unpaid for 30 days or more.

Credit Quality Indicators

The Bank uses a risk rating system to monitor the credit quality of its loan portfolio. Loan classifications are assessments made by the Bank of the status of the loans based on the facts and circumstances known to the Bank, including management’s judgment, at the time of assessment. Some or all of these classifications may change in the future if there are unexpected changes in the financial condition of the borrower, including but not limited to, changes resulting from continuing deterioration in general economic conditions on a national basis or in the local markets in which the Bank operates adversely affecting, among other things, real estate values. Such conditions, as well as other factors which adversely affect borrowers’ ability to service or repay loans, typically result in changes in loan default and charge-off rates, and increased provisions for loan losses, which would adversely affect the Company’s financial performance and financial condition. These circumstances are not entirely foreseeable and, as a result, it may not be possible to accurately reflect them in the Company’s analysis of credit risk.

A summary of the rating system used by the Bank, repeated here from Part II. Item 8. “Financial Statements and Supplementary Data—Note 1: Basis of Presentation and Summary of Significant Accounting Policies,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, follows:

Acceptable or Pass - All loans graded as acceptable or pass are considered acceptable credit quality by the Bank and are grouped for purposes of calculating the allowance for loan losses. Only commercial loans, including commercial real estate, commercial and industrial loans, and construction and land loans are given a numerical grade. For residential, home equity and consumer loans, the Bank classifies loans as acceptable or pass unless there is known information such as delinquency or client requests for modifications which would then generally result in a risk rating such as special mention or more severe depending on the factors.

Special Mention - Loans rated in this category are defined as having potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects for the credit or the Bank’s credit position. These loans are currently protected but have the potential to deteriorate to a substandard rating. For commercial loans, the borrower’s financial performance may be inconsistent or below forecast, creating the possibility of liquidity problems and shrinking debt service coverage. In loans having this rating, the primary source of repayment is still good, but there is increasing reliance on collateral or guarantor support. Collectability of the loan is not yet in jeopardy. In particular, loans in this category are considered more variable than other categories, since they will typically migrate through categories more quickly.

Substandard - Loans rated in this category are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. A substandard credit has a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Substandard loans may be either still accruing or nonaccruing depending upon the severity of the risk and other factors such as the value of the collateral, if any, and past due status.

Doubtful - Loans rated in this category indicate that collection or liquidation in full on the basis of currently existing facts, conditions and values, is highly questionable and improbable. Loans in this category are usually on nonaccrual and classified as impaired.

The following tables present the loan portfolio’s credit risk profile by internally assigned grade by class of receivable as of the dates indicated:

	September 30, 2013
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	766,285	$	11,075	$	6,490	$	4,575	$	788,425
Commercial real estate	1,629,671		41,988		22,376		27,996		1,722,031
Construction and land	128,828		20,209		652		4,920		154,609
Residential	1,980,499		—		13,063		13,140		2,006,702
Home equity	116,239		—		1,721		134		118,094
Consumer and other	131,390		937		7		27		132,361
Total	$	4,752,912	$	74,209	$	44,309	$	50,792	$	4,922,222

	December 31, 2012
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention (1)		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	779,236	$	13,691	$	9,062	$	4,337	$	806,326
Commercial real estate	1,531,701		54,000		63,953		41,696		1,691,350
Construction and land	110,940		17,048		7,369		2,213		137,570
Residential	1,886,273		—		8,072		11,744		1,906,089
Home equity	121,218		—		1,673		660		123,551
Consumer and other	149,155		—		—		95		149,250
Total	$	4,578,523	$	84,739	$	90,129	$	60,745	$	4,814,136

___________________

(1) Does not include five commercial and industrial special mention loans totaling $0.9 million and three commercial real estate special mention loans totaling $3.0 million in loans held for sale as of December 31, 2012.

The following tables present, by class of receivable, the balance of impaired loans with and without a related allowance, the associated allowance for those impaired loans with a related allowance, and the total unpaid principal on impaired loans:

	As of and for the three and nine months ended September 30, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,068	$	3,299	n/a		$	2,558	$	4,521	$	62	$	332
Commercial real estate	30,965		42,572		n/a		30,847		34,896		247		781
Construction and land	1,078		1,800		n/a		1,083		1,605		6		103
Residential	3,662		5,340		n/a		3,229		4,141		20		106
Home equity	89		89		n/a		89		141		3		4
Consumer and other	7		7		n/a		2		1		—		—
Subtotal	37,869		53,107		n/a		37,808		45,305		338		1,326
With an allowance recorded:
Commercial and industrial	2,558		2,644		$	253	2,496		2,385		1		23
Commercial real estate	13,905		15,197		1,508		17,630		19,909		89		677
Construction and land	4,185		4,405		794		4,185		3,260		—		—
Residential	12,844		12,844		1,746		13,171		12,680		100		389
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	33,492		35,090		4,301		37,482		38,234		190		1,089
Total:
Commercial and industrial	4,626		5,943		253		5,054		6,906		63		355
Commercial real estate	44,870		57,769		1,508		48,477		54,805		336		1,458
Construction and land	5,263		6,205		794		5,268		4,865		6		103
Residential	16,506		18,184		1,746		16,400		16,821		120		495
Home equity	89		89		—		89		141		3		4
Consumer and other	7		7		—		2		1		—		—
Total	$	71,361	$	88,197	$	4,301	$	75,290	$	83,539	$	528	$	2,415

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the three and nine months ended September 30, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	5,064	$	8,361	n/a		$	3,686	$	4,826	$	—	$	—
Commercial real estate	34,789		55,034		n/a		28,714		30,315		39		226
Construction and land	4,630		6,783		n/a		5,655		6,115		—		97
Residential	9,764		11,195		n/a		9,482		9,747		71		243
Home equity	360		360		n/a		360		354		1		3
Consumer and other	—		—		n/a		73		53		—		—
Subtotal	54,607		81,733		n/a		47,970		51,410		111		569
With an allowance recorded:
Commercial and industrial	1,285		1,285		$	123	2,731		1,983		—		—
Commercial real estate	25,516		26,901		2,507		24,462		25,190		200		562
Construction and land	1,018		1,062		425		2,187		1,662		—		—
Residential	12,067		12,067		1,080		12,885		11,604		119		277
Home equity	131		131		131		131		131		1		4
Consumer and other	—		—		—		—		—		—		—
Subtotal	40,017		41,446		4,266		42,396		40,570		320		843
Total:
Commercial and industrial	6,349		9,646		123		6,417		6,809		—		—
Commercial real estate	60,305		81,935		2,507		53,176		55,505		239		788
Construction and land	5,648		7,845		425		7,842		7,777		—		97
Residential	21,831		23,262		1,080		22,367		21,351		190		520
Home equity	491		491		131		491		485		2		7
Consumer and other	—		—		—		73		53		—		—
Total	$	94,624	$	123,179	$	4,266	$	90,366	$	91,980	$	431	$	1,412

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the year ended December 31, 2012
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	3,274	$	4,499	n/a		$	4,707	$	—
Commercial real estate	40,133		64,424		n/a		31,736		283
Construction and land	1,310		2,682		n/a		5,532		97
Residential	2,337		2,594		n/a		8,885		312
Home equity	360		360		n/a		355		3
Consumer and other	—		—		n/a		40		—
Subtotal	47,414		74,559		n/a		51,255		695
With an allowance recorded:
Commercial and industrial	1,149		1,191		$	118	1,855		1
Commercial real estate	18,519		19,814		1,667		24,510		727
Construction and land	903		953		189		1,486		—
Residential	13,539		13,798		1,403		11,781		374
Home equity	—		—		—		114		5
Consumer and other	—		—		—		—		—
Subtotal	34,110		35,756		3,377		39,746		1,107
Total:
Commercial and industrial	4,423		5,690		118		6,562		1
Commercial real estate	58,652		84,238		1,667		56,246		1,010
Construction and land	2,213		3,635		189		7,018		97
Residential	15,876		16,392		1,403		20,666		686
Home equity	360		360		—		469		8
Consumer and other	—		—		—		40		—
Total	$	81,524	$	110,315	$	3,377	$	91,001	$	1,802

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

When management determines that it is probable that the Bank will not collect all principal and interest on a loan in accordance with the original loan terms, or in accordance with its restructured terms, if the loan is a TDR, the loan is designated as impaired.

Loans that are designated as impaired require an analysis to determine the amount of impairment, if any. Impairment would be indicated as a result of the carrying value of the loan exceeding the estimated collateral value, less costs to sell, for collateral dependent loans or the net present value of the projected cash flow, discounted at the loan’s contractual effective interest rate, for loans not considered to be collateral dependent. Generally, shortfalls in the analysis on collateral dependent loans would result in the impairment amount being charged-off to the allowance for loan losses. Shortfalls on cash flow dependent loans may be carried as specific reserve allocations to the general reserve unless a known loss is determined to have occurred, in which case such known loss is charged-off.

Loans in the held for sale category are carried at the lower of cost or estimated fair value in the aggregate and are excluded from the allowance for loan losses analysis.

The Bank may, under certain circumstances, restructure loans as a concession to borrowers who are experiencing financial difficulty. Such loans are classified as TDRs and are included in impaired loans. TDRs typically result from the Bank’s loss mitigation activities which, among other things, could include rate reductions, payment extensions, and/or principal forgiveness. TDRs totaled $59.5 million and $54.5 million at September 30, 2013 and December 31, 2012, respectively. Of the $59.5 million in TDRs at September 30, 2013, $28.0 million were on accrual status. Of the $54.5 million in TDRs at December 31, 2012, $26.7 million were on accrual status.

Since all TDRs are considered impaired loans, they are individually evaluated for impairment. The resulting impairment, if any, would have an impact on the allowance for loan losses as a specific reserve or charge-off. If, prior to the classification as a TDR, the loan was not impaired, there would have been a general reserve on the particular loan. Therefore, depending upon the result of the impairment analysis, there could be an increase or decrease in the related allowance for loan losses. Many loans initially categorized as TDRs are already on nonaccrual status and are already considered impaired. Therefore, there is generally not a material change to the allowance for loan losses when a nonaccruing loan is categorized as a TDR.

The following tables present the balance of TDRs that were restructured or defaulted during the periods indicated:

	As of and for the three months ended September 30, 2013
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial	—	$	—	$	—	1	$	983
Commercial real estate (1)	2	2,198		2,198		2	1,517
Construction and land	—	—		—		—	—
Residential (2)	2	227		227		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	4	$	2,425	$	2,425	3	$	2,500

___________________

(1) Represents the following concessions: combination of concessions.

(2) Represents the following concessions: temporary reduction of interest rate.

	As of and for the nine months ended September 30, 2013
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	3	$	1,369	$	1,369	1	$	983
Commercial real estate (2)	7	11,361		11,361		5	5,072
Construction and land (3)	4	3,604		3,604		—	—
Residential (4)	10	934		934		1	1,116
Home equity (5)	1	40		40		—	—
Consumer and other	—	—		—		—	—
Total	25	$	17,308	$	17,308	7	$	7,171

___________________

(1) Represents the following concessions: extension of term (1 loan; post-modification recorded investment of $1.0 million), temporary reduction of interest rate (1 loan; post-modification recorded investment of $0.2 million), and combination of concessions (1 loan; post-modification recorded investment of $0.2 million).

(2) Represents the following concessions: extension of term (4 loans; post-modification recorded investment of $9.0 million) and combination of concessions (3 loans; post-modification recorded investment of $2.4 million).

(3) Represents the following concessions: extension of term.

(4) Represents the following concessions: temporary reduction of interest rate.

(5) Represents the following concessions: extension of term.

	As of and for the three months ended September 30, 2012
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate	—	—		—		—	—
Construction and land	—	—		—		—	—
Residential (2)	1	3,150		3,150		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	3	$	4,957	$	4,957	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: temporary reduction of interest rate.

	As of and for the nine months ended September 30, 2012
	Restructured Year to Date					TDRs that defaulted year to date that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,807	$	1,807	—	$	—
Commercial real estate (2)	6	7,387		7,468		—	—
Construction and land	—	—		—		—	—
Residential (3)	12	7,172		7,172		3	1,282
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	20	$	16,366	$	16,447	3	$	1,282

___________________

(1) Represents the following concessions: extension of term.

(2) Represents the following concessions: extension of term (5 loans; post-modification recorded investment of $4.7 million) and combination of concessions (1 loan; post-modification recorded investment of $2.8 million).

(3) Represents the following concessions: payment deferral (1 loan; post-modification recorded investment of $1.9 million), temporary reduction of interest rate (10 loans; post-modification recorded investment of $4.0 million), and combination of concessions (1 loan; post-modification recorded investment of $1.3 million).

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Document Fiscal Year Focus			2013
Net income attributable to the Company	$ 18,336	$ 16,513	$ 52,867	$ 40,179
Unrealized gain/ (loss) on securities available for sale	(550)	675	(6,521)	836
Reclassification adjustment for net realized gain/ (loss) included in net income	4	14	20	560
Adjustment for sale of discontinued operations	0	0	0	(23)
Net unrealized gain/ (loss) on securities available for sale	(554)	661	(6,541)	299
Unrealized gain/ (loss) on cash flow hedges	(964)	(366)	(280)	(881)
Reclassification adjustment for net realized gain/ (loss) included in net income	(316)	(253)	(856)	(746)
Net change in unrealized gain/ (loss) on cash flow hedges	(648)	(113)	576	(135)
Net unrealized gain/ (loss) on other	0	2	(442)	(138)
Other comprehensive income/ (loss), net of tax	(1,202)	550	(6,407)	26
Total comprehensive income/ (loss), attributable to the Company, net	$ 17,134	$ 17,063	$ 46,460	$ 40,205

XML

Derivatives and Hedging Activities Derivatives Fair Value and Balance Sheet Classification (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 1,742	[1]	$ 3,035	[1]
Other Assets [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	[1]	0	[1]
Other Assets [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	1,742	[1]	2,915	[1]
Other Assets [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	[1]	120	[1]
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	(5,979)	[1]	(8,356)	[1]
Other Liabilities [Member] | Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	(4,172)	[1]	(5,189)	[1]
Other Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	(1,807)	[1]	(3,047)	[1]
Other Liabilities [Member] | Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 0	[1]	$ (120)	[1]

[1] For additional details, see Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 5: Fair Value Measurements.”

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Consolidated Balance Sheets Statement (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Assets:
Cash and cash equivalents	$ 323,941	$ 308,744
Investment securities available for sale (amortized cost of $704,968 and $690,556 at September 30, 2013 and December 31, 2012, respectively)	702,944	699,300
Loans held for sale	1,745	308,390
Total loans	4,922,222	4,814,136
Less: Allowance for loan losses	77,177	84,057
Net loans	4,845,045	4,730,079
Other real estate owned (“OREO”)	776	3,616
Stock in Federal Home Loan Banks	39,715	41,981
Premises and equipment, net	29,319	27,081
Goodwill	110,180	110,180
Intangible assets, net	21,656	24,874
Fees receivable	10,653	8,836
Accrued interest receivable	13,442	14,723
Deferred income taxes, net	60,853	62,245
Other assets	114,670	124,956
Total assets	6,274,939	6,465,005
Liabilities:
Deposits	4,942,765	4,885,059
Deposits held for sale	0	194,084
Securities sold under agreements to repurchase	92,499	116,319
Federal Home Loan Bank borrowings	391,466	408,121
Junior subordinated debentures	110,487	143,647
Other liabilities	97,461	95,386
Total liabilities	5,634,678	5,842,616
Redeemable Noncontrolling Interests	17,224	19,287
Stockholders’ Equity:
Preferred stock, $1.00 par value; authorized: 2,000,000 shares	47,753	58,089
Common stock, $1.00 par value; authorized: 170,000,000 shares; issued and outstanding: 79,821,898 shares at September 30, 2013 and 78,743,518 shares at December 31, 2012	79,822	78,744
Additional paid-in capital	623,485	640,891
Accumulated deficit	(123,879)	(176,746)
Accumulated other comprehensive income/ (loss)	(4,283)	2,124
Total Company's shareholders’ equity	622,898	603,102
Noncontrolling interests	139	0
Total shareholders' equity	623,037	603,102
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$ 6,274,939	$ 6,465,005

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Loan Portfolio and Credit Quality Loans by Past Due Status (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	$ 3,872,000	$ 34,939,000	[1]
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	4,311,000	11,437,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	1,712,000	3,556,000
Financing Receivable Recorded Investment Still Accruing	9,895,000	49,932,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	24,574,000	38,415,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	269,000	11,030,000
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	25,949,000	11,300,000
Financing Receivable, Recorded Investment, Nonaccrual Status	50,792,000	60,745,000
Financing Receivable, Recorded Investment, Current	4,861,535,000	4,703,459,000
Total loans	4,922,222,000	4,814,136,000
Commercial and industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	1,128,000	10,684,000	[1]
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	13,000	210,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	0	257,000
Financing Receivable Recorded Investment Still Accruing	1,141,000	11,151,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	1,351,000	3,073,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	0	0
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	3,224,000	1,264,000
Financing Receivable, Recorded Investment, Nonaccrual Status	4,575,000	4,337,000
Financing Receivable, Recorded Investment, Current	782,709,000	790,838,000
Total loans	788,425,000	806,326,000
Number of Loans Held for Sale 30-59 Days Past Due		1
Loans Held For Sale 30 to 59 Days Past Due Still Accruing		300,000
Commercial real estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	1,018,000	3,331,000
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	525,000	4,572,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	1,647,000	3,249,000
Financing Receivable Recorded Investment Still Accruing	3,190,000	11,152,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	13,548,000	29,125,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	0	8,913,000
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	14,448,000	3,658,000
Financing Receivable, Recorded Investment, Nonaccrual Status	27,996,000	41,696,000
Financing Receivable, Recorded Investment, Current	1,690,845,000	1,638,502,000
Total loans	1,722,031,000	1,691,350,000
Construction and land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	679,000	42,000
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	13,000	3,216,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	65,000	50,000
Financing Receivable Recorded Investment Still Accruing	757,000	3,308,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	3,988,000	723,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	49,000	137,000
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	883,000	1,353,000
Financing Receivable, Recorded Investment, Nonaccrual Status	4,920,000	2,213,000
Financing Receivable, Recorded Investment, Current	148,932,000	132,049,000
Total loans	154,609,000	137,570,000
Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	0	20,194,000
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	3,758,000	3,218,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	0	0
Financing Receivable Recorded Investment Still Accruing	3,758,000	23,412,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	5,648,000	5,101,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	216,000	1,980,000
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	7,276,000	4,663,000
Financing Receivable, Recorded Investment, Nonaccrual Status	13,140,000	11,744,000
Financing Receivable, Recorded Investment, Current	1,989,804,000	1,870,933,000
Total loans	2,006,702,000	1,906,089,000
Home equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	1,020,000	119,000
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	0	39,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	0	0
Financing Receivable Recorded Investment Still Accruing	1,020,000	158,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	39,000	300,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	0	0
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	95,000	360,000
Financing Receivable, Recorded Investment, Nonaccrual Status	134,000	660,000
Financing Receivable, Recorded Investment, Current	116,940,000	122,733,000
Total loans	118,094,000	123,551,000
Consumer and other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable Recorded Investment 30 to 59 Days Past Due Still Accruing	27,000	569,000
Financing Receivable Recorded Investment 60 to 89 Days Past Due Still Accruing	2,000	182,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	0	0
Financing Receivable Recorded Investment Still Accruing	29,000	751,000
Financing Receivable Recorded Investment Nonaccrual Current Payment Status	0	93,000
Financing Receivable Recorded Investment Nonaccrual 30 to 89 Days Past Due	4,000	0
Financing Receivable Recorded Investment Nonaccrual Over 89 Days Past Due	23,000	2,000
Financing Receivable, Recorded Investment, Nonaccrual Status	27,000	95,000
Financing Receivable, Recorded Investment, Current	132,305,000	148,404,000
Total loans	$ 132,361,000	$ 149,250,000

[1] Does not include one commercial and industrial 30-59 day delinquent loan totaling $0.3 million in loans held for sale as of December 31, 2012.

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Derivatives and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of September 30, 2013 and December 31, 2012:

	September 30, 2013							December 31, 2012
	Asset derivatives			Liability derivatives				Asset derivatives			Liability derivatives
	Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)			Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)
	(In thousands)
Derivatives designated as hedging instruments:
Interest rate products	Other assets	$	—	Other liabilities	$	(4,172	)	Other assets	$	—	Other liabilities	$	(5,189	)
Derivatives not designated as hedging instruments:
Interest rate products	Other assets	1,742		Other liabilities	(1,807		)	Other assets	2,915		Other liabilities	(3,047		)
Foreign exchange contracts	Other assets	—		Other liabilities	—			Other assets	120		Other liabilities	(120		)
Total		$	1,742		$	(5,979	)		$	3,035		$	(8,356	)

___________________

(1) For additional details, see Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 5: Fair Value Measurements.”

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following table presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations for the three and nine months ended September 30, 2013 and 2012:

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	three months ended September 30,							three months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(1,643	)	$	(641	)	Interest income	$	(553	)	$	(443	)
Total	$	(1,643	)	$	(641	)		$	(553	)	$	(443	)

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	nine months ended September 30,							nine months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(469	)	$	(1,652	)	Interest income	$	(1,486	)	$	(1,295	)
Total	$	(469	)	$	(1,652	)		$	(1,486	)	$	(1,295	)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the components of the Company’s accumulated other comprehensive income/ (loss) related to the derivatives for the three and nine months ended September 30, 2013 and 2012:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Accumulated other comprehensive income on cash flow hedges, balance at beginning of period	$	(1,745	)	$	(3,128	)	$	(2,969	)	$	(3,106	)
Net change in unrealized gain/ (loss) on cash flow hedges	(648		)	(113		)	576			(135		)
Accumulated other comprehensive income on cash flow hedges, balance at end of period	$	(2,393	)	$	(3,241	)	$	(2,393	)	$	(3,241	)

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table presents the effect of the Bank’s derivative financial instruments, not designated as hedging instruments, in the consolidated statement of operations for the three and nine months ended September 30, 2013 and 2012.

		Amount of gain or (loss), net, recognized in income on derivatives
Derivatives not designated as hedging instruments	Location of gain or (loss) recognized in income on derivative	Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013		2012
		(In thousands)
Interest rate products	Other income/ (expense)	$	(5	)	$	(21	)	$	14	$	62
Foreign exchange contracts	Other income/ (expense)	3			4			8		5
Total		$	(2	)	$	(17	)	$	22	$	67

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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The following tables present the computations of basic and diluted EPS:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands, except share and per share data)
Basic earnings/ (loss) per share - Numerator:
Net income from continuing operations	$	17,886		$	15,696		$	49,813		$	36,770
Less: Net income attributable to noncontrolling interests	871			855			2,770			2,407
Net income from continuing operations attributable to the Company	17,015			14,841			47,043			34,363
Decrease/ (increase) in noncontrolling interests’ redemption values (1)	274			(344		)	162			(267		)
Dividends on participating securities (2)	(939		)	(91		)	(13,752		)	(275		)
Total adjustments to income attributable to common shareholders	(665		)	(435		)	(13,590		)	(542		)
Net income from continuing operations attributable to common shareholders, before allocation to participating securities	16,350			14,406			33,453			33,821
Less: Amount allocated to participating securities	(143		)	(1,454		)	(1,069		)	(3,411		)
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207		$	12,952		$	32,384		$	30,410
Net income from discontinued operations, before allocation to participating securities	$	1,321		$	1,672		$	5,824		$	5,816
Less: Amount allocated to participating securities	(17		)	(178		)	(309		)	(629		)
Net income from discontinued operations, after allocation to participating securities	$	1,304		$	1,494		$	5,515		$	5,187
Net income attributable to common shareholders, before allocation to participating securities	$	17,671		$	16,078		$	39,277		$	39,637
Less: Amount allocated to participating securities	(160		)	(1,632		)	(1,378		)	(4,040		)
Net income attributable to common shareholders, after allocation to participating securities	$	17,511		$	14,446		$	37,899		$	35,597
Basic earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017			76,290,382			77,249,660			75,911,520
Per share data - Basic earnings/ (loss) per share from:
Continuing operations	$	0.21		$	0.17		$	0.42		$	0.40
Discontinued operations	$	0.02		$	0.02		$	0.07		$	0.07
Total attributable to common shareholders	$	0.23		$	0.19		$	0.49		$	0.47

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands, except share and per share data)
Diluted earnings/ (loss) per share - Numerator:
Net income from continuing operations attributable to common shareholders, after allocation to participating securities	$	16,207	$	12,952	$	32,384	$	30,410
Add back: income allocated to dilutive securities	—		—		—		—
Net income from continuing operations attributable to common shareholders, after allocation to participating securities, after assumed dilution	16,207		12,952		32,384		30,410
Net income from discontinued operations, after allocation to participating securities	1,304		1,494		5,515		5,187
Net income attributable to common shareholders, after allocation to participating securities, after assumed dilution	$	17,511	$	14,446	$	37,899	$	35,597
Diluted earnings/ (loss) per share - Denominator:
Weighted average basic common shares outstanding	77,670,017		76,290,382		77,249,660		75,911,520
Dilutive effect of:
Stock options and performance-based restricted stock (3)	708,745		621,308		604,893		531,523
Warrants to purchase common stock (3)	814,986		455,921		633,617		371,160
Dilutive common shares	1,523,731		1,077,229		1,238,510		902,683
Weighted average diluted common shares outstanding (3)	79,193,748		77,367,611		78,488,170		76,814,203
Per share data - Diluted earnings/ (loss) per share from:
Continuing operations	$	0.20	$	0.17	$	0.41	$	0.39
Discontinued operations	$	0.02	$	0.02	$	0.07	$	0.07
Total attributable to common shareholders	$	0.22	$	0.19	$	0.48	$	0.46
Dividends per share declared on common stock	$	0.07	$	0.01	$	0.17	$	0.03

_____________________

(1) See Part II. Item 8. “Financial Statements and Supplementary Data—Note 14: Noncontrolling Interests” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 for a description of the redemption values related to the redeemable noncontrolling interests. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”), an increase in redemption value from period to period reduces income attributable to common shareholders. Decreases in redemption value from period to period increase income attributable to common shareholders, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of this standard in the first quarter of 2009.

(2) Consideration paid in excess of carrying value for the repurchase of the Series B preferred stock of $11.7 million is considered a deemed dividend and, for purposes of calculating EPS, reduces net income attributable to common shareholders for the nine months ended September 30, 2013.

(3) The diluted EPS computations for the three and nine months ended September 30, 2013 and 2012 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows:

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to anti-dilution (treasury method):	(In thousands)
Potential common shares from:
Convertible trust preferred securities (a)	1	784	1	784
Total shares excluded due to anti-dilution	1	784	1	784

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):	(In thousands)
Potential common shares from:
Stock options or other dilutive securities (b)	1,214	2,102	1,446	2,180
Total shares excluded due to exercise price exceeding the average market price of common shares during the period	1,214	2,102	1,446	2,180

(a) If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.

(b) Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

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Investments Other Investment Disclosures (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Investments, Other Disclosures [Abstract]
Cost Method Investments, Additional Information	0	0.1
Cost Method Investments	$ 25.9	$ 24.9

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Loan Portfolio and Credit Quality TDR Loans Restructured or Defaulted in Period (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013 Loans		Sep. 30, 2012 Loans		Sep. 30, 2013 Loans		Sep. 30, 2012 Loans
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	4		3		25		20
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 2,425		$ 4,957		$ 17,308		$ 16,366
Financing Receivable, Modifications, Post-Modification Recorded Investment	2,425		4,957		17,308		16,447
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	3		3		7		3
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	2,500		1,282		7,171		1,282
Commercial and industrial [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0		2	[1]	3	[2]	2	[1]
Financing Receivable, Modifications, Pre-Modification Recorded Investment	0		1,807	[1]	1,369	[2]	1,807	[1]
Financing Receivable, Modifications, Post-Modification Recorded Investment	0		1,807	[1]	1,369	[2]	1,807	[1]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	1		0		1		0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	983		0		983		0
Commercial and industrial [Member] | Temporary Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts					1
Financing Receivable, Modifications, Post-Modification Recorded Investment					200
Commercial and industrial [Member] | Combination of Concessions [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts					1
Financing Receivable, Modifications, Post-Modification Recorded Investment					200
Commercial and industrial [Member] | Extension of Term [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts			2		1		2
Financing Receivable, Modifications, Post-Modification Recorded Investment			1,800		1,000		1,800
Commercial real estate [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	2	[3]	0		7	[4]	6	[5]
Financing Receivable, Modifications, Pre-Modification Recorded Investment	2,198	[3]	0		11,361	[4]	7,387	[5]
Financing Receivable, Modifications, Post-Modification Recorded Investment	2,198	[3]	0		11,361	[4]	7,468	[5]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	2		0		5		0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	1,517		0		5,072		0
Commercial real estate [Member] | Combination of Concessions [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	2				3		1
Financing Receivable, Modifications, Post-Modification Recorded Investment	2,200				2,400		2,800
Commercial real estate [Member] | Extension of Term [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts					4		5
Financing Receivable, Modifications, Post-Modification Recorded Investment					9,000		4,700
Construction and land [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0		0		4	[1]	0
Financing Receivable, Modifications, Pre-Modification Recorded Investment	0		0		3,604	[1]	0
Financing Receivable, Modifications, Post-Modification Recorded Investment	0		0		3,604	[1]	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0		0		0		0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0		0		0		0
Construction and land [Member] | Extension of Term [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts					4
Financing Receivable, Modifications, Post-Modification Recorded Investment					3,600
Residential [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	2	[6]	1	[6]	10	[6]	12	[7]
Financing Receivable, Modifications, Pre-Modification Recorded Investment	227	[6]	3,150	[6]	934	[6]	7,172	[7]
Financing Receivable, Modifications, Post-Modification Recorded Investment	227	[6]	3,150	[6]	934	[6]	7,172	[7]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0		3		1		3
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0		1,282		1,116		1,282
Residential [Member] | Payment Deferral [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts							1
Financing Receivable, Modifications, Post-Modification Recorded Investment							1,900
Residential [Member] | Temporary Rate Reduction [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	2		1		10		10
Financing Receivable, Modifications, Post-Modification Recorded Investment	200		3,200		900		4,000
Residential [Member] | Combination of Concessions [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts							1
Financing Receivable, Modifications, Post-Modification Recorded Investment							1,300
Residential [Member] | Extension of Term [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts
Financing Receivable, Modifications, Post-Modification Recorded Investment
Home equity [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0		0		1	[1]	0
Financing Receivable, Modifications, Pre-Modification Recorded Investment	0		0		40	[1]	0
Financing Receivable, Modifications, Post-Modification Recorded Investment	0		0		40	[1]	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0		0		0		0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0		0		0		0
Home equity [Member] | Extension of Term [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts					1
Financing Receivable, Modifications, Post-Modification Recorded Investment					0
Consumer and other [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts	0		0		0		0
Financing Receivable, Modifications, Pre-Modification Recorded Investment	0		0		0		0
Financing Receivable, Modifications, Post-Modification Recorded Investment	0		0		0		0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0		0		0		0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$ 0		$ 0		$ 0		$ 0

[1] Represents the following concessions: extension of term.

[2] Represents the following concessions: extension of term (1 loan; post-modification recorded investment of $1.0 million), temporary reduction of interest rate (1 loan; post-modification recorded investment of $0.2 million), and combination of concessions (1 loan; post-modification recorded investment of $0.2 million).

[3] Represents the following concessions: combination of concessions.

[4] Represents the following concessions: extension of term (4 loans; post-modification recorded investment of $9.0 million) and combination of concessions (3 loans; post-modification recorded investment of $2.4 million).

[5] Represents the following concessions: extension of term (5 loans; post-modification recorded investment of $4.7 million) and combination of concessions (1 loan; post-modification recorded investment of $2.8 million).

[6] Represents the following concessions: temporary reduction of interest rate.

[7] Represents the following concessions: payment deferral (1 loan; post-modification recorded investment of $1.9 million), temporary reduction of interest rate (10 loans; post-modification recorded investment of $4.0 million), and combination of concessions (1 loan; post-modification recorded investment of $1.3 million).

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Income Taxes Income Taxes Discussion (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized Tax Benefits	$ 2,000,000		$ 2,000,000		$ 4,800,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,200,000		1,200,000
Unrecognized Tax Benefits, Period Increase (Decrease)			(2,800,000)
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions			(4,300,000)
Unrecognized Tax Benefits, Increases Resulting from Prior Period Tax Positions			1,500,000
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Lower Bound	1,500,000		1,500,000
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Other Information			as a result of settlements with state taxing authorities
Effective Income Tax Rate Reconciliation, Percent			33.40%	27.90%
Income tax expense	$ 8,557,000	$ 5,124,000	$ 25,005,000	$ 14,215,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate			35.00%	35.00%
filing an accounting method change for income tax purposes [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Significant Change in Unrecognized Tax Benefits, Nature of Event			timing-related uncertainties as a result of the Company filing an accounting method change for income tax purposes
change in interpretation of tax law with respect to certain positions previously taken [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Significant Change in Unrecognized Tax Benefits, Nature of Event			a change in the interpretation of tax law with respect to certain tax positions taken on previously filed tax returns

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Reportable Segments Segments Text Disclosure (Details)	9 Months Ended
	Sep. 30, 2013 segments
Segment Reporting Information [Line Items]
Number of Reportable Segments	3

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Earnings Per Share Diluted Earnings Per Share (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net Income (Loss) from Continuing Ops Available to Common Stockholders, Basic	$ 16,207		$ 12,952		$ 32,384		$ 30,410
Dilutive Securities, Effect on Basic Earnings Per Share	0		0		0		0
Net Income (Loss) from Continuing Operations Available to Common Stockholders, Diluted	16,207		12,952		32,384		30,410
Net Income from Discontinued Ops Available to Common Stockholders, Basic	1,304		1,494		5,515		5,187
Net Income (Loss) Available to Common Stockholders, Diluted	$ 17,511		$ 14,446		$ 37,899		$ 35,597
Income (Loss) from Continuing Operations, Per Diluted Share	$ 0.20		$ 0.17		$ 0.41		$ 0.39
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share	$ 0.02		$ 0.02		$ 0.07		$ 0.07
Earnings Per Share, Diluted	$ 0.22		$ 0.19		$ 0.48		$ 0.46
Common Stock, Dividends, Per Share, Cash Paid	$ 0.07		$ 0.01		$ 0.17		$ 0.03
Common Stock [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted Average Basic Common Shares Outstanding	77,670,017		76,290,382		77,249,660		75,911,520
Incremental Common Shares Attributable to Share-based Payment Arrangements	708,745	[1]	621,308	[1]	604,893	[1]	531,523	[1]
Incremental Common Shares Attributable to Call Options and Warrants	814,986	[1]	455,921	[1]	633,617	[1]	371,160	[1]
Weighted Average Number Diluted Shares Outstanding Adjustment	1,523,731		1,077,229		1,238,510		902,683
Weighted Average Number of Shares Outstanding, Diluted	79,193,748	[1]	77,367,611	[1]	78,488,170	[1]	76,814,203	[1]

[1] The diluted EPS computations for the three and nine months ended September 30, 2013 and 2012 do not assume the conversion, exercise, or contingent issuance of the following shares for these periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows: Three months ended September 30, Nine months ended September 30, 2013 2012 2013 2012Shares excluded due to anti-dilution (treasury method):(In thousands)Potential common shares from: Convertible trust preferred securities (a)1 784 1 784Total shares excluded due to anti-dilution1 784 1 784 Three months ended September 30, Nine months ended September 30, 2013 2012 2013 2012Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding):(In thousands)Potential common shares from: Stock options or other dilutive securities (b)1,214 2,102 1,446 2,180Total shares excluded due to exercise price exceeding the average market price of common shares during the period1,214 2,102 1,446 2,180(a) If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.(b)Options to purchase shares of common stock and other dilutive securities that were outstanding at period ends were not included in the computation of diluted EPS or in the above anti-dilution table because their exercise or conversion prices were greater than the average market price of the common shares during the respective periods.

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Earnings Per Share Antidilutive Securities (Details) (USD $) Share data in Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1		784		1		784
Expense Related to Antidilutive Securities that Would Have Been Added Back to Income if Securities Were Dilutive	$ 0		$ 200,000		$ 0		$ 800,000
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1	[1]	784	[1]	1	[1]	784	[1]

[1] If the effect of the conversion of the trust preferred securities would have been dilutive, interest expense, net of tax, related to the convertible trust preferred securities of $0.2 million and $0.8 million for the three and nine months ended September 30, 2012, respectively, would have been added back to net income attributable to common shareholders for diluted EPS computations for the period presented. None would be added back for the three or nine months ended September 30, 2013.

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Fair Value Measurements

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

Fair Value Measurements

Fair value is defined under GAAP as the exchange price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants on the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy established in ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value. Financial instruments are considered Level 1 when valuation can be based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instruments are valued using quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or models using inputs that are observable or can be corroborated by observable market data of substantially the full term of the assets or liabilities. Financial instruments are considered Level 3 when their values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable and when determination of the fair value requires significant management judgment or estimation.

The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,299	$	—	$	2,299	$	—
Government-sponsored entities	221,943		—		221,943		—
Municipal bonds	215,966		—		215,966		—
Mortgage-backed securities	247,238		—		247,238		—
Other	15,498		15,498		—		—
Total available for sale securities	702,944		15,498		687,446		—
Derivatives - interest rate customer swaps	1,742		—		1,742		—
Other investments	5,616		5,038		578		—
Liabilities:
Derivatives - interest rate customer swaps	$	1,807	$	—	$	1,807	$	—
Derivatives - junior subordinated debenture interest rate swap	3,839		—		3,839		—
Derivatives - interest rate swaps	333		—		333		—

			Fair value measurements at reporting date using:
	As of December 31, 2012		Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,753	$	—	$	2,753	$	—
Government-sponsored entities	155,002		—		155,002		—
Municipal bonds	210,984		—		210,984		—
Mortgage-backed securities	317,927		—		317,927		—
Other	12,634		12,634		—		—
Total available for sale securities	699,300		12,634		686,666		—
Derivatives - interest rate customer swaps	2,915		—		2,915		—
Derivatives - customer foreign exchange forwards	120		—		120		—
Other investments	5,892		5,206		686		—
Liabilities:
Derivatives - interest rate customer swaps	$	3,047	$	—	$	3,047	$	—
Derivatives - customer foreign exchange forwards	120		—		120		—
Derivatives - junior subordinated debenture interest rate swap	5,189		—		5,189		—

As of September 30, 2013 and December 31, 2012, available for sale securities consisted primarily of U.S. government and agencies securities, government-sponsored entities securities, municipal bonds, mortgage-backed securities, and other available for sale securities. The equities (which are categorized as other available for sale securities) are valued with prices quoted in active markets. Therefore, they have been categorized as a Level 1 measurement. The government-sponsored entities securities, municipal bonds, mortgage-backed securities, and certain investments in Small Business Administration (“SBA”) loans (which are categorized as U.S. government and agencies securities) generally have quoted prices but are traded less frequently than exchange-traded securities and can be priced using market data from similar assets. Therefore, they have been categorized as a Level 2 measurement. No investments held at September 30, 2013 or December 31, 2012 were categorized as Level 3.

The Company uses interest rate customer swaps, interest rate swaps and a junior subordinated debenture interest rate swap to manage its interest rate risk, and customer foreign exchange forward contracts to manage its foreign exchange risk, if any. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. Therefore, they have been categorized as a Level 2 measurement as of September 30, 2013 and December 31, 2012. See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 8: Derivatives and Hedging Activities” for further details.

To comply with the provisions of ASC 820, the Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees. Counterparty exposure is evaluated by netting positions that are subject to master netting agreements, as well as considering the amount of collateral securing the position.

The Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, although the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy as of September 30, 2013 and December 31, 2012.

Other investments, which are not considered available for sale investments, consist of deferred compensation trusts for the benefit of certain current or former employees, which consist of publicly traded mutual fund investments that are valued at prices quoted in active markets. Therefore, they have been categorized as a Level 1 measurement as of September 30, 2013 and December 31, 2012. The remaining other investments categorized as Level 2 consist of the Company’s cost-method investments as of September 30, 2013 and December 31, 2012.

There were no Level 3 assets at September 30, 2013 or December 31, 2012.

The following tables present the Company’s assets and liabilities measured at fair value on a non-recurring basis during the periods ended September 30, 2013 and 2012, respectively, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of September 30, 2013		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2013		Nine months ended September 30, 2013
	(In thousands)
Assets:
Impaired loans (1)	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)
	$	9,464	$	—	$	—	$	9,464	$	—	$	(1,845	)

___________________

(1) Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

	As of September 30, 2012		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Three months ended September 30, 2012			Nine months ended September 30, 2012
	(In thousands)
Assets:
Impaired loans (1)	$	20,230	$	—	$	—	$	20,230	$	(4,598	)	$	(5,186	)
OREO (2)	379		—		—		379		(102		)	(102		)
	$	20,609	$	—	$	—	$	20,609	$	(4,700	)	$	(5,288	)

________________

(1) Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

(2) One OREO property held at September 30, 2012 had a write-down during the first nine months of 2012.

The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 inputs to determine fair value:

	As of September 30, 2013
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	9,464	Appraisals of Collateral	Discount for costs to sell	0% - 13%	8%
				Appraisal adjustments	0% - 45%	24%

	As of September 30, 2012
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	20,230	Appraisals of Collateral	Discount for costs to sell	6% - 13%	8%
				Appraisal adjustments	0% - 30%	11%
OREO	$	379	Appraisals of Collateral	Discount for costs to sell	8%	8%
				Appraisal adjustments	—%	—%

Impaired loans include those loans that were adjusted to the fair value of underlying collateral as required under ASC 310, Receivables. The amount does not include impaired loans that are measured based on expected future cash flows discounted at the respective loan’s original effective interest rate, as that amount is not considered a fair value measurement. The Company uses appraisals, which management may adjust to reflect estimated fair value declines, or apply other discounts to appraised values for unobservable factors resulting from its knowledge of the property or consideration of broker quotes. The appraisers use a market, income, and/or a cost approach in determining the value of the collateral. Therefore they have been categorized as a Level 3 measurement.

The following tables present the carrying values and fair values of the Company’s financial instruments that are not measured at fair value on a recurring basis (other than certain loans, as noted below):

	As of September 30, 2013
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	323,941	$	323,941	$	323,941	$	—	$	—
Loans, net	4,845,045		4,822,432		—		—		4,822,432
Loans held for sale	1,745		1,745		—		1,745		—
Other financial assets	116,194		116,194		—		116,194		—
FINANCIAL LIABILITIES:
Deposits	4,942,765		4,945,589		—		4,945,589		—
Securities sold under agreements to repurchase	92,499		92,490		—		92,490		—
Federal Home Loan Bank borrowings	391,466		402,158		—		402,158		—
Junior subordinated debentures	110,487		100,487		—		7,394		93,093
Other financial liabilities	9,708		9,708		—		9,708		—

	As of December 31, 2012
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	308,744	$	308,744	$	308,744	$	—	$	—
Loans, net	4,730,079		4,766,574		—		—		4,766,574
Loans held for sale	308,390		308,908		—		308,908		—
Other financial assets	118,087		118,087		—		118,087		—
FINANCIAL LIABILITIES:
Deposits	4,885,059		4,891,465		—		4,891,465		—
Deposits held for sale	194,084		182,592		—		182,592		—
Securities sold under agreements to repurchase	116,319		117,885		—		117,885		—
Federal Home Loan Bank borrowings	408,121		428,037		—		428,037		—
Junior subordinated debentures	143,647		117,502		—		12,804		104,698
Other financial liabilities	10,058		10,058		—		10,058		—

The estimated fair values have been determined by using available quoted market information or other appropriate valuation methodologies. The aggregate fair value amounts presented do not represent the underlying value of the Company taken as a whole.

The fair value estimates provided are made at a specific point in time, based on relevant market information and the characteristics of the financial instrument. The estimates do not provide for any premiums or discounts that could result from concentrations of ownership of a financial instrument. Because no active market exists for some of the Company’s financial instruments, certain fair value estimates are based on subjective judgments regarding current economic conditions, risk characteristics of the financial instruments, future expected loss experience, prepayment assumptions, and other factors. The resulting estimates involve uncertainties and therefore cannot be determined with precision. Changes made to any of the underlying assumptions could significantly affect the estimates.

Cash and cash equivalents

The carrying value reported in the balance sheets for cash and cash equivalents approximates fair value due to the short-term nature of their maturities and are classified as Level 1.

Loans, net

Fair value estimates are based on loans with similar financial characteristics. Fair values of commercial and residential mortgage loans are estimated by discounting contractual cash flows adjusted for prepayment estimates and using discount rates approximately equal to current market rates on loans with similar credit and interest rate characteristics and maturities. The fair value estimates for home equity and other loans are based on outstanding loan terms and pricing in the local markets. The method of estimating the fair value of the loans disclosed in the table above does not incorporate the exit price concept in the presentation of the fair value of these financial instruments. Net loans are included in the Level 3 fair value category based upon the inputs and valuation techniques used.

Loans held for sale

Loans held for sale are recorded at the lower of cost or fair value in the aggregate. Fair value estimates are based on actual commitments to sell the loans to investors at an agreed upon price or current market prices if rates have changed since the time the loan closed. In December 2012, the Bank entered into an agreement to sell its three offices in the Pacific Northwest market. The loans related to this transaction were transferred from the loan portfolio to loans held for sale. The fair value indicated for these loans held for sale was based on the agreed upon offer in the pending transaction. Accordingly, loans held for sale are included in the Level 2 fair value category.

Other financial assets

Other financial assets consist of accrued interest and fees receivable, stock in Federal Home Loan Banks (“FHLBs”), and the cash surrender value of bank-owned life insurance, for which the carrying amount approximates fair value, and are classified as Level 2.

Deposits

The fair values reported for transaction accounts (demand, NOW, savings, and money market) equal their respective book values reported on the balance sheets and are classified as Level 2. The fair values disclosed are, by definition, equal to the amount payable on demand at the reporting date. The fair values for certificates of deposit are based on the discounted value of contractual cash flows. The discount rates used are representative of approximate rates currently offered on certificates of deposit with similar remaining maturities and are classified as Level 2.

Deposits held for sale

Deposits held for sale are recorded at the lower of cost or fair value. All of the deposits held for sale at December 31, 2012 relate to the Pacific Northwest transaction. Fair value estimates are based on actual agreed upon price and premium per the agreement. Accordingly, deposits held for sale are included in the Level 2 fair value category.

Securities sold under agreements to repurchase

The fair value of securities sold under agreements to repurchase are estimated based on contractual cash flows discounted at the Bank’s incremental borrowing rate for FHLB borrowings with similar maturities and have been classified as Level 2.

Federal Home Loan Bank borrowings

The fair value reported for FHLB borrowings is estimated based on the discounted value of contractual cash flows. The discount rate used is based on the Bank’s estimated current incremental borrowing rate for FHLB borrowings of similar maturities and have been classified as Level 2.

Junior subordinated debentures

The fair value of the junior subordinated debentures issued by Boston Private Capital Trust I and the junior subordinated debentures acquired in the acquisitions of First Private Bank & Trust (“FPB”), Gibraltar Private Bank & Trust Company (“Gibraltar”) (Gibraltar was subsequently sold in 2009), and Charter Private Bank (“Charter”) are estimated based on either agreements to redeem the securities at par value and/ or the future expectation of the Company to redeem the securities at par value and therefore have been classified as Level 2. The fair value of the junior subordinated debentures issued by Boston Private Capital Trust II was estimated using Level 3 inputs such as the interest rates on these securities, current rates for similar debt, and a consideration for illiquidity of trading in the debt.

At December 31, 2012, the Company did not expect to redeem the junior subordinated debentures acquired in the acquisitions of FPB, Gibraltar, and Charter, and at that date the fair value of these junior subordinated debentures was estimated using Level 3 inputs such as the interest rates on these securities, current rates for similar debt, and a consideration for illiquidity of trading in the debt.

The junior subordinated debentures issued by FPB and Gibraltar were redeemed in the third quarter of 2013, and the junior subordinated debentures issued by Charter were redeemed in October 2013.

Other financial liabilities

Other financial liabilities consist of accrued interest payable and deferred compensation for which the carrying amount approximates fair value and are classified as Level 2.

Financial instruments with off-balance sheet risk

The Bank’s commitments to originate loans and for unused lines and outstanding letters of credit are primarily at market interest rates and therefore, the carrying amount approximates fair value.

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Derivatives and Hedging Activities Cash Flow Hedges Text Description (Details) (USD $)	3 Months Ended		9 Months Ended				9 Months Ended			9 Months Ended				9 Months Ended				9 Months Ended				9 Months Ended				9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013 Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Trust II $75m Cash Flow Hedge [Member]	Sep. 30, 2013 Private Banking Segment [Member] contracts	Sep. 30, 2013 Private Banking Segment [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 8/1/13 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 8/1/13 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Minimum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 8/1/13 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Maximum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 8/1/13 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Weighted Average [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 3/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 3/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Minimum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 3/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Maximum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 3/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Weighted Average [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 6/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 6/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Minimum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 6/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Maximum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 6/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Weighted Average [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 9/2/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 9/2/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Minimum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 9/2/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Maximum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 9/2/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Weighted Average [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 12/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 12/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Minimum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 12/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Maximum [Member]	Sep. 30, 2013 Private Banking Segment [Member] Bank $25m LIBOR Swap effective 12/1/14 [Member] Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Weighted Average [Member]
Derivative [Line Items]
Derivative Asset, Notional Amount							$ 75,000,000			$ 25,000,000				$ 25,000,000				$ 25,000,000				$ 25,000,000				$ 25,000,000
Derivatives, Total Notional Amount									125,000,000
Derivative, Inception Date							Dec. 30, 2010			Aug. 01, 2013				Mar. 01, 2014				Jun. 01, 2014				Sep. 02, 2014				Dec. 01, 2014
Number of Interest Rate Derivatives Held								5
Derivative, Term of Contract							5 years				3 years	6 years			3 years	6 years			3 years	6 years			3 years	6 years			3 years	6 years
Objectives for Using Derivative Instruments							related to the Holding Company’s cash outflows associated with the subordinated debt related to trust preferred securities to protect against an increase in the London Interbank Offered Rate (“LIBOR”)			to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances				to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances				to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances				to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances				to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances
Derivative, Fixed Interest Rate											1.68%	2.32%	1.98%		1.68%	2.32%	1.98%		1.68%	2.32%	1.98%		1.68%	2.32%	1.98%		1.68%	2.32%	1.98%
Derivative, Description of Hedged Item							6.25%
Derivative, Description of Variable Rate Basis							three-month LIBOR plus 1.68%
Derivative, Average Variable Interest Rate							4.45%
Loss on Cash Flow Hedge Ineffectiveness	0	0	0	0
Derivative, Collateral, Right to Reclaim Cash					7,300,000	10,400,000
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net	$ 2,600,000		$ 2,600,000

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Income Taxes (Tables)

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following table presents the components of income tax expense for continuing operations, discontinued operations, noncontrolling interests and the Company:

	Nine months ended September 30,
	2013			2012
	(In thousands)
Income from continuing operations:
Income before income taxes	$	74,818		$	50,985
Income tax expense	25,005			14,215
Net income from continuing operations	$	49,813		$	36,770
Effective tax rate, continuing operations	33.4		%	27.9		%
Income from discontinued operations:
Income before income taxes	$	10,353		$	6,999
Income tax expense	4,529			1,183
Net income from discontinued operations	$	5,824		$	5,816
Effective tax rate, discontinued operations	43.7		%	16.9		%
Less: Income attributable to noncontrolling interests:
Income before income taxes	$	2,770		$	2,407
Income tax expense	—			—
Net income attributable to noncontrolling interests	$	2,770		$	2,407
Effective tax rate, noncontrolling interests	—		%	—		%
Income attributable to the Company
Income before income taxes	$	82,401		$	55,577
Income tax expense	29,534			15,398
Net income attributable to the Company	$	52,867		$	40,179
Effective tax rate attributable to the Company	35.8		%	27.7		%

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Investments Realized gains and losses from sales of AFS Investments (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Gain (Loss) on Investments [Line Items]
Proceeds from Sale of Available-for-sale Securities	$ 1,982	$ 86	$ 3,472	$ 49,323
Available-for-sale Securities, Gross Realized Gains	7	25	35	924
Available-for-sale Securities, Gross Realized Losses	$ 0	$ 0	$ 0	$ 46

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Derivatives and Hedging Activities

9 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Derivatives and Hedging Activities

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities and, to a lesser extent, the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are generally determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to certain fixed and variable rate loan assets and fixed and variable rate borrowings.

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of September 30, 2013 and December 31, 2012:

	September 30, 2013							December 31, 2012
	Asset derivatives			Liability derivatives				Asset derivatives			Liability derivatives
	Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)			Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)
	(In thousands)
Derivatives designated as hedging instruments:
Interest rate products	Other assets	$	—	Other liabilities	$	(4,172	)	Other assets	$	—	Other liabilities	$	(5,189	)
Derivatives not designated as hedging instruments:
Interest rate products	Other assets	1,742		Other liabilities	(1,807		)	Other assets	2,915		Other liabilities	(3,047		)
Foreign exchange contracts	Other assets	—		Other liabilities	—			Other assets	120		Other liabilities	(120		)
Total		$	1,742		$	(5,979	)		$	3,035		$	(8,356	)

___________________

(1) For additional details, see Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 5: Fair Value Measurements.”

The following table presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations for the three and nine months ended September 30, 2013 and 2012:

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	three months ended September 30,							three months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(1,643	)	$	(641	)	Interest income	$	(553	)	$	(443	)
Total	$	(1,643	)	$	(641	)		$	(553	)	$	(443	)

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)						Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	nine months ended September 30,							nine months ended September 30,
	2013			2012				2013			2012
(In thousands)
Interest rate products	$	(469	)	$	(1,652	)	Interest income	$	(1,486	)	$	(1,295	)
Total	$	(469	)	$	(1,652	)		$	(1,486	)	$	(1,295	)

The following table presents the components of the Company’s accumulated other comprehensive income/ (loss) related to the derivatives for the three and nine months ended September 30, 2013 and 2012:

	Three months ended September 30,						Nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Accumulated other comprehensive income on cash flow hedges, balance at beginning of period	$	(1,745	)	$	(3,128	)	$	(2,969	)	$	(3,106	)
Net change in unrealized gain/ (loss) on cash flow hedges	(648		)	(113		)	576			(135		)
Accumulated other comprehensive income on cash flow hedges, balance at end of period	$	(2,393	)	$	(3,241	)	$	(2,393	)	$	(3,241	)

Cash Flow Hedges of Interest Rate Risk

The Company’s objective in using derivatives is to add stability to interest income and expense and to manage the risk related to exposure to changes in interest rates. To accomplish this objective, the Holding Company entered into an interest rate swap in the second quarter of 2010 with a notional amount of $75 millionrelated to the Holding Company’s cash outflows associated with the subordinated debt related to trust preferred securities to protect against an increase in the London Interbank Offered Rate (“LIBOR”). The interest rate swap had an effective date of December 30, 2010 and a term of five years. As of December 30, 2010, the subordinated debt switched from a fixed rate of 6.25% to a variable rate of three-month LIBOR plus 1.68%. The interest rate swap effectively fixed the Holding Company’s interest rate payments on the $75 million of debt at 4.45%.

The Bank also entered into five interest rate swaps during the first nine months of 2013, each with a notional amount of $25 million. The interest rate swaps have effective dates of August 1, 2013, March 1, 2014, June 1, 2014, September 2, 2014, and December 1, 2014 and have terms ranging from three to six years. The Bank’s risk management objective and strategy for these interest rate swaps is to reduce its exposure to variability in interest-related cash outflows attributable to changes in the LIBOR swap rate associated with borrowing programs for each of the periods, initially expected to be accomplished with LIBOR-indexed brokered deposits, but may also include LIBOR-indexed FHLB advances. The interest rate swaps will effectively fix the Bank’s interest payments on $125 million of its LIBOR-indexed debt at rates between 1.68% and 2.32%, and a weighted average rate of 1.98%.

The Company uses the “Hypothetical Derivative Method” described in ASC 815, Derivatives and Hedging (“ASC 815”), for quarterly prospective and retrospective assessments of hedge effectiveness, as well as for measurements of hedge ineffectiveness. Under this method, the Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged transactions. The effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (“OCI”) (outside of earnings) and subsequently reclassified to earnings in interest and dividend income when the hedged transactions affect earnings. Ineffectiveness resulting from the hedge is recorded as a gain or loss in the consolidated statement of operations as part of fees and other income. The Company had no hedge ineffectiveness recognized in earnings during the three and nine months ended September 30, 2013 and 2012. The Company also monitors the risk of counterparty default on an ongoing basis.

A portion of the balance reported in accumulated other comprehensive income related to derivatives will be reclassified to interest income or expense as interest payments are made or received on the Company’s interest rate swap. During the next twelve months, the Company estimates that $2.6 million will be reclassified as an increase in interest expense.

Non-designated Hedges

Derivatives not designated as hedges are not speculative and result from two different services the Bank provides to qualified commercial clients. The Bank offers certain derivative products directly to such clients. The Bank economically hedges derivative transactions executed with commercial clients by entering into mirror-image, offsetting derivatives with third parties. Derivative transactions executed as part of these programs are not designated in ASC 815-qualifying hedging relationships and are, therefore, marked-to-market through earnings each period. Because the derivatives have mirror-image contractual terms, the changes in fair value substantially offset through earnings. Fees earned in connection with the execution of derivatives related to this program are recognized in the consolidated statement of operations in other income. The derivative asset and liability values above include an adjustment related to the consideration of credit risk required under ASC 820, of less than $0.1 million in earnings for the three and nine months ended September 30, 2013 and 2012, respectively. As of September 30, 2013 and December 31, 2012, the Bank had six and 11 interest rate swaps with an aggregate notional amount of $24.8 million and $55.7 million, respectively, related to this program. As of September 30, 2013, the Bank had no foreign currency exchange contracts outstanding related to this program. As of December 31, 2012, the Bank had six foreign currency exchange contracts with notional amounts of $3.7 million related to this program.

The following table presents the effect of the Bank’s derivative financial instruments, not designated as hedging instruments, in the consolidated statement of operations for the three and nine months ended September 30, 2013 and 2012.

		Amount of gain or (loss), net, recognized in income on derivatives
Derivatives not designated as hedging instruments	Location of gain or (loss) recognized in income on derivative	Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013		2012
		(In thousands)
Interest rate products	Other income/ (expense)	$	(5	)	$	(21	)	$	14	$	62
Foreign exchange contracts	Other income/ (expense)	3			4			8		5
Total		$	(2	)	$	(17	)	$	22	$	67

The Holding Company and the Bank have agreements with their derivative counterparties that contain provisions where, if the Holding Company or Bank defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Holding Company or the Bank could also be declared in default on its derivative obligations. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

The Holding Company and the Bank also have agreements with certain of their derivative counterparties that contain provisions where, if the Holding Company or Bank fails to maintain its status as a well- or adequately-capitalized institution, then the counterparty could terminate the derivative positions and the Holding Company or the Bank would be required to settle its obligations under the agreements. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

Certain of the Holding Company and the Bank’s agreements with their derivative counterparties contain provisions where, if specified events or conditions occur that materially change the Holding Company’s or the Bank’s creditworthiness in an adverse manner, the Holding Company or the Bank may be required to fully collateralize their obligations under the derivative instruments. The Holding Company and the Bank were in compliance with these provisions as of September 30, 2013 and December 31, 2012.

As of September 30, 2013 and December 31, 2012, the termination amounts related to collateral determinations of derivatives in a liability position was $6.4 million and $8.4 million, respectively. The Company has minimum collateral posting thresholds with its derivative counterparty and has posted collateral of $7.3 million and $10.4 million as of September 30, 2013 and December 31, 2012, respectively, against its obligation under this agreement.

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Investments

9 Months Ended

Sep. 30, 2013

Investments [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

    Investments

The following table presents a summary of investment securities:

	Amortized Cost		Unrealized					Fair Value
			Gains		Losses
	(In thousands)
As of September 30, 2013
Available for sale securities at fair value:
U.S. government and agencies	$	2,309	$	19	$	(29	)	$	2,299
Government-sponsored entities	222,522		362		(941		)	221,943
Municipal bonds	216,361		1,423		(1,818		)	215,966
Mortgage-backed securities (1)	248,502		2,722		(3,986		)	247,238
Other	15,274		231		(7		)	15,498
Total	$	704,968	$	4,757	$	(6,781	)	$	702,944
As of December 31, 2012
Available for sale securities at fair value:
U.S. government and agencies	$	2,781	$	—	$	(28	)	$	2,753
Government-sponsored entities	154,058		962		(18		)	155,002
Municipal bonds	207,952		3,172		(140		)	210,984
Mortgage-backed securities (1)	313,239		5,597		(909		)	317,927
Other	12,526		120		(12		)	12,634
Total	$	690,556	$	9,851	$	(1,107	)	$	699,300

___________________

(1)  All mortgage-backed securities are guaranteed by U.S. government agencies or government-sponsored entities.

The following table presents the maturities of investment securities available for sale, based on contractual maturity, as of September 30, 2013. Certain securities are callable before their final maturity. Additionally, certain securities (such as mortgage-backed securities) are shown within the table below based on their final (contractual) maturity, but, due to prepayments and amortization, are expected to have shorter lives.

	Available for Sale Securities
	Amortized cost		Fair value
	(In thousands)
Within one year	$	64,191	$	64,570
After one, but within five years	320,013		320,262
After five, but within ten years	84,421		83,968
Greater than ten years	236,343		234,144
Total	$	704,968	$	702,944

The following table presents the proceeds from sales, gross realized gains and gross realized losses for securities available for sale that were sold during the following periods:

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Proceeds from sales	$	1,982	$	86	$	3,472	$	49,323
Realized gains	7		25		35		924
Realized losses	—		—		—		(46		)

The following table presents information regarding securities as of September 30, 2013 having temporary impairment, due to the fair values having declined below the amortized cost of the individual securities, and the time period that the investments have been temporarily impaired.

	Less than 12 months					12 months or longer					Total
	Fair value		Unrealized losses			Fair value		Unrealized losses			Fair value		Unrealized losses			# of securities
Available for sale securities	(In thousands)
U.S. government and agencies	$	—	$	—		$	1,122	$	(29	)	$	1,122	$	(29	)	1
Government-sponsored entities	133,454		(941		)	—		—			133,454		(941		)	11
Municipal bonds	96,618		(1,818		)	—		—			96,618		(1,818		)	56
Mortgage-backed securities	118,115		(3,066		)	28,778		(920		)	146,893		(3,986		)	32
Other	30		(5		)	36		(2		)	66		(7		)	6
Total	$	348,217	$	(5,830	)	$	29,936	$	(951	)	$	378,153	$	(6,781	)	106

The U.S. government and agencies securities, government-sponsored entities securities and mortgage-backed securities in the table above as of September 30, 2013 had Standard and Poor’s credit ratings of AA+. The municipal bonds in the table above had Moody’s credit ratings of at least A3 or Standard and Poor’s credit ratings of AA. The other securities consisted of equity securities.

As of September 30, 2013, the amount of investment securities in an unrealized loss position greater than 12 months, as well as in total, was not significant and was primarily due to movements in interest rates. The Company has no intent to sell any securities in an unrealized loss position as of September 30, 2013 and it is not more likely than not that the Company would be forced to sell any of these securities prior to the full recovery of all unrealized loss amounts.

Cost method investments, which are included in other assets, can be temporarily impaired when the fair values decline below the amortized costs of the individual investments. There were no cost method investments with unrealized losses as of September 30, 2013. There were $0.1 million of cost method investments with unrealized losses at December 31, 2012. The Company’s cost method investments primarily include low income housing partnerships which generate tax credits. The Company also holds partnership interests in venture capital funds formed to provide financing to small businesses and to promote community development. The Company had $25.9 million and $24.9 million in cost method investments included in other assets as of September 30, 2013 and December 31, 2012, respectively.

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Consolidated Statements of Stockholders' Equity Parentheticals (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Shares of common stock issued	156,983	193,517
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	677,620	626,414
Common Stock, Dividends, Per Share, Cash Paid	$ 0.17	$ 0.03

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Loan Portfolio and Credit Quality Loans by Grade or Nonaccrual Status (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 4,922,222	$ 4,814,136
Loans held for sale	1,745	308,390
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,752,912	4,578,523
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	74,209	84,739	[1]
Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	44,309	90,129
Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	50,792	60,745
Commercial and industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	788,425	806,326
Commercial and industrial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	766,285	779,236
Commercial and industrial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,075	13,691	[1]
Number of Loans Held for Sale		5
Loans held for sale		900
Commercial and industrial [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,490	9,062
Commercial and industrial [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,575	4,337
Commercial real estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,722,031	1,691,350
Commercial real estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,629,671	1,531,701
Commercial real estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	41,988	54,000	[1]
Number of Loans Held for Sale		3
Loans held for sale		3,000
Commercial real estate [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	22,376	63,953
Commercial real estate [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	27,996	41,696
Construction and land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	154,609	137,570
Construction and land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	128,828	110,940
Construction and land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,209	17,048
Construction and land [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	652	7,369
Construction and land [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,920	2,213
Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,006,702	1,906,089
Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,980,499	1,886,273
Residential [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Residential [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	13,063	8,072
Residential [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	13,140	11,744
Home equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	118,094	123,551
Home equity [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	116,239	121,218
Home equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Home equity [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,721	1,673
Home equity [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	134	660
Consumer and other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	132,361	149,250
Consumer and other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	131,390	149,155
Consumer and other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	937	0
Consumer and other [Member] | Accruing Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7	0
Consumer and other [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 27	$ 95

[1] Does not include five commercial and industrial special mention loans totaling $0.9 million and three commercial real estate special mention loans totaling $3.0 million in loans held for sale as of December 31, 2012.

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Fair Value Measurements Quantitiative Information about Level 3 Non-Recurring Assets (Details) (Fair Value, Measurements, Nonrecurring [Member], USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Loans Receivable, Fair Value Disclosure	$ 9,464	[1]	$ 20,230	[2]
Other Real Estate Owned, Fair Value Disclosure			$ 379	[3]
Loans Receivable [Member] | Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	8.00%		8.00%
Fair Value Inputs, Comparability Adjustments	24.00%		11.00%
Loans Receivable [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	0.00%		6.00%
Fair Value Inputs, Comparability Adjustments	0.00%		0.00%
Loans Receivable [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate	13.00%		13.00%
Fair Value Inputs, Comparability Adjustments	45.00%		30.00%
Other Real Estate Owned [Member] | Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate			8.00%
Fair Value Inputs, Comparability Adjustments			0.00%
Other Real Estate Owned [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate			8.00%
Fair Value Inputs, Comparability Adjustments			0.00%
Other Real Estate Owned [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Inputs, Discount Rate			8.00%
Fair Value Inputs, Comparability Adjustments			0.00%

[1] Collateral-dependent impaired loans held at September 30, 2013 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2013.

[2] Collateral-dependent impaired loans held at September 30, 2012 that had write-downs in fair value or whose specific reserve changed during the first nine months of 2012.

[3] One OREO property held at September 30, 2012 had a write-down during the first nine months of 2012.

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Restructuring (Tables)

9 Months Ended

Sep. 30, 2013

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table presents a summary of the restructuring activity for the three and nine months ended September 30, 2013 and 2012:

	Severance Charges			Contract Termination Fees			Professional Expenses			Other Associated Costs			Total
	(In thousands)
Accrued charges at December 31, 2011	$	2,658		$	211		$	230		$	—		$	3,099
Costs incurred	(1		)	—			128			8			135
Costs paid	(459		)	—			(254		)	(8		)	(721		)
Accrued charges at March 31, 2012	2,198			211			104			—			2,513
Costs incurred	22			255			183			104			564
Costs paid	(1,039		)	(255		)	(287		)	(104		)	(1,685		)
Accrued charges at June 30, 2012	1,181			211			—			—			1,392
Costs incurred	3,409			147			22			3			3,581
Costs paid	(577		)	(260		)	(22		)	(3		)	(862		)
Accrued charges at September 30, 2012	$	4,013		$	98		$	—		$	—		$	4,111
Accrued charges at December 31, 2012	$	3,517		$	98		$	8		$	—		$	3,623
Costs incurred	—			—			—			—			—
Costs paid	(736		)	—			(8		)	—			(744		)
Accrued charges at March 31, 2013	2,781			98			—			—			2,879
Costs incurred	—			—			—			—			—
Costs paid	(976		)	—			—			—			(976		)
Accrued charges at June 30, 2013	1,805			98			—			—			1,903
Costs incurred	—			—			—			—			—
Costs paid	(1,006		)	—			—			—			(1,006		)
Accrued charges at September 30, 2013	$	799		$	98		$	—		$	—		$	897

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Noncontrolling Interests Components of Noncontrolling Interests (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Redeemable Noncontrolling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	$ 17,363	$ 19,287
Redeemable Noncontrolling Interests	17,224	19,287	19,675	21,691
Nonredeemable Noncontrolling Interest	139	0
Anchor [Member]
Redeemable Noncontrolling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	10,919	11,105
BOS [Member]
Redeemable Noncontrolling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	4,206	5,782
DGHM [Member]
Redeemable Noncontrolling Interest [Line Items]
Stockholders' Equity Attributable to Noncontrolling Interest	$ 2,238	$ 2,400

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Derivatives and Hedging Activities Effect of Derivative Instruments on Statement of Operations (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (1,643)	$ (641)	$ (469)	$ (1,652)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(553)	(443)	(1,486)	(1,295)
Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(1,643)	(641)	(469)	(1,652)
Interest Income [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (553)	$ (443)	$ (1,486)	$ (1,295)

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Equity (Notes)

9 Months Ended

Sep. 30, 2013

Class of Stock [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

Equity

On April 24, 2013, the Company closed the public offering of 2,000,000 depositary shares (the “Depositary Shares”) pursuant to an Underwriting Agreement dated April 17, 2013, previously disclosed by the Company. Each Depositary Share represents a 1/40th interest in a share of the Company’s 6.95% Non-Cumulative Perpetual Preferred Stock, Series D, par value $1.00 per share and liquidation preference of $1,000 per share (the “Series D preferred stock”). The Company received $47.8 million from the issuance, after issuance costs.

Upon the issuance of the Series D preferred stock on April 24, 2013, the ability of the Company to declare and pay dividends on, or purchase, redeem or otherwise acquire, shares of its preferred stock or any securities of the Company that rank junior to the Series D preferred stock was subject to certain restrictions in the event that the Company does not declare and pay (or set aside) dividends on the Series D preferred stock for the last preceding quarterly dividend period.

Also on April 24, 2013, the Company repurchased all 400.81221 shares of the Company’s Series B Non-Cumulative Perpetual Contingent Convertible Preferred Stock, par value $1.00 per share (the “Series B preferred stock”), held by BP Holdco, L.P., a subsidiary of The Carlyle Group, L.P., pursuant to a Stock Repurchase Agreement, dated as of April 16, 2013, previously disclosed by the Company.

The following table presents the details of the classes of preferred stock outstanding as of the dates indicated:

	September 30, 2013		December 31, 2012
	(Dollars in thousands)
Preferred stock, $1.00 par value; authorized: 2,000,000 shares:
Series B, issued and outstanding (contingently convertible): 0 shares at September 30, 2013 and 401 shares at December 31, 2012; liquidation value: $100,000 per share	$	—	$	58,089
Series D, 6.95% Non-Cumulative Perpetual, issued and outstanding: 50,000 shares at September 30, 2013, 0 shares at December 31, 2012; liquidation preference: $1,000 per share	47,753		—
Total preferred stock	$	47,753	$	58,089

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Allowance for Loan Losses

9 Months Ended

Sep. 30, 2013

Allowance for Loan Losses [Abstract]

Allowance for Credit Losses [Text Block]

Allowance for Loan Losses

The allowance for loan losses is reported as a reduction of outstanding loan balances, and totaled $77.2 million and $84.1 million at September 30, 2013 and December 31, 2012, respectively.

The following tables present a summary of the changes in the allowance for loan losses for the periods indicated:

	As of and for the three months ended September 30,						As of and for the nine months ended September 30,
	2013			2012			2013			2012
	(In thousands)
Allowance for loan losses, beginning of period:
Commercial and industrial	$	11,883		$	13,243		$	11,825		$	12,163
Commercial real estate	48,744			64,577			52,497			63,625
Construction and land	4,923			6,163			5,016			6,382
Residential	11,625			10,844			10,892			9,286
Home equity	1,201			1,489			1,085			1,535
Consumer and other	412			740			540			1,149
Unallocated	2,012			1,998			2,202			1,974
Total allowance for loan losses, beginning of period	80,800			99,054			84,057			96,114
Provision/ (credit) for loan losses:
Commercial and industrial	(533		)	(1,339		)	(1,441		)	1,766
Commercial real estate	(5,719		)	(3,035		)	(8,266		)	(2,147		)
Construction and land	(427		)	(1,448		)	(1,250		)	(2,177		)
Residential	549			1,659			2,687			4,498
Home equity	(9		)	69			444			(38		)
Consumer and other	18			(38		)	(105		)	(358		)
Unallocated	121			132			(69		)	156
Total provision/ (credit) for loan losses	(6,000		)	(4,000		)	(8,000		)	1,700
Loans charged-off:
Commercial and industrial	(41		)	(1,108		)	(68		)	(3,777		)
Commercial real estate	—			(2,339		)	(2,339		)	(5,606		)
Construction and land	—			(710		)	(100		)	(710		)
Residential	—			(1,544		)	(1,405		)	(2,825		)
Home equity	—			(129		)	(360		)	(129		)
Consumer and other	(9		)	(19		)	(14		)	(111		)
Total charge-offs	(50		)	(5,849		)	(4,286		)	(13,158		)
Recoveries on loans previously charged-off:
Commercial and industrial	91			794			1,084			1,438
Commercial real estate	1,958			59			3,091			3,390
Construction and land	378			1,065			1,208			1,575
Residential	—			—			—			—
Home equity	—			—			23			61
Consumer and other	—			6			—			9
Total recoveries	2,427			1,924			5,406			6,473

	As of and for the three months ended September 30,				As of and for the nine months ended September 30,
	2013		2012		2013		2012
	(In thousands)
Allowance for loan losses at end of period:
Commercial and industrial	11,400		11,590		11,400		11,590
Commercial real estate	44,983		59,262		44,983		59,262
Construction and land	4,874		5,070		4,874		5,070
Residential	12,174		10,959		12,174		10,959
Home equity	1,192		1,429		1,192		1,429
Consumer and other	421		689		421		689
Unallocated	2,133		2,130		2,133		2,130
Total allowance for loan losses at end of period	$	77,177	$	91,129	$	77,177	$	91,129

The following tables present the Company’s allowance for loan losses and loan portfolio at September 30, 2013 and December 31, 2012 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at September 30, 2013 or December 31, 2012.

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	11,147	$	43,475	$	4,080	$	10,428
Loans individually evaluated	253		1,508		794		1,746
Total allowance for loan losses	$	11,400	$	44,983	$	4,874	$	12,174
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	783,799	$	1,677,161	$	149,346	$	1,990,196
Loans individually evaluated	4,626		44,870		5,263		16,506
Total Loans	$	788,425	$	1,722,031	$	154,609	$	2,006,702

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at September 30, 2013 attributable to:
Loans collectively evaluated	$	1,192	$	421	$	2,133	$	72,876
Loans individually evaluated	—		—		—		4,301
Total allowance for loan losses	$	1,192	$	421	$	2,133	$	77,177
Recorded investment (loan balance) at September 30, 2013:
Loans collectively evaluated	$	118,005	$	132,354	$	—	$	4,850,861
Loans individually evaluated	89		7		—		71,361
Total Loans	$	118,094	$	132,361	$	—	$	4,922,222

	Commercial and industrial		Commercial real estate		Construction and land		Residential
	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	11,707	$	50,830	$	4,827	$	9,489
Loans individually evaluated	118		1,667		189		1,403
Total allowance for loan losses	$	11,825	$	52,497	$	5,016	$	10,892
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	801,903	$	1,632,698	$	135,357	$	1,890,213
Loans individually evaluated	4,423		58,652		2,213		15,876
Total Loans	$	806,326	$	1,691,350	$	137,570	$	1,906,089

	Home equity		Consumer and other		Unallocated		Total
(Continued from above)	(In thousands)
Allowance for loan losses balance at December 31, 2012 attributable to:
Loans collectively evaluated	$	1,085	$	540	$	2,202	$	80,680
Loans individually evaluated	—		—		—		3,377
Total allowance for loan losses	$	1,085	$	540	$	2,202	$	84,057
Recorded investment (loan balance) at December 31, 2012:
Loans collectively evaluated	$	123,191	$	149,250	$	—	$	4,732,612
Loans individually evaluated	360		—		—		81,524
Total Loans	$	123,551	$	149,250	$	—	$	4,814,136

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Noncontrolling Interests Noncontrolling Interests - Text Details (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Noncontrolling Interest [Abstract]
Net Income Attributable to Noncontrolling Interest	$ 871	$ 855	$ 2,770	$ 2,407
Redeemable Noncontrolling Interest, Equity, Carrying Amount	17,224	19,675	17,224	19,675	19,287	21,691
Nonredeemable Noncontrolling Interest	$ 139		$ 139		$ 0

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Subsequent Events

9 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Subsequent Events

The Company evaluated subsequent events through the date the accompanying unaudited interim consolidated financial statements were issued. Pursuant to the requirements of ASC 855, Subsequent Events, there were no events or transactions during the subsequent event reporting period that required disclosure in the unaudited consolidated interim financial statements.

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Restructuring

9 Months Ended

Sep. 30, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

On May 27, 2011, the Company completed the merger of its four private banks, operating in the New England, San Francisco Bay, Southern California and Pacific Northwest markets, under a single Massachusetts charter. During this period of restructuring, the Company sought to reduce expenses by simplifying the portfolio businesses, streamlining the Holding Company structure, while incurring certain merger-related expenses such as severance charges, costs to terminate contracts, legal, audit and consulting costs, and other costs. The Company had substantially completed the merger-related restructuring as planned in the first half of 2012.

During the second half of 2012, the Company implemented a senior executive restructuring of the Holding Company leadership and Bank management. The purpose of this restructuring was to create a more streamlined organization and to refine the Company’s cost base. To implement the new structure the Company incurred an additional severance charge of $4.8 million, all during the second half of 2012. The Company expects no additional severance charges associated with this initiative.

Restructuring expenses incurred since the plans of restructuring were first implemented in 2011 totaled $14.0 million with the Private Banking segment incurring $9.5 million, and the remaining $4.5 million incurred by the Holding Company.

The following table presents a summary of the restructuring activity for the three and nine months ended September 30, 2013 and 2012:

	Severance Charges			Contract Termination Fees			Professional Expenses			Other Associated Costs			Total
	(In thousands)
Accrued charges at December 31, 2011	$	2,658		$	211		$	230		$	—		$	3,099
Costs incurred	(1		)	—			128			8			135
Costs paid	(459		)	—			(254		)	(8		)	(721		)
Accrued charges at March 31, 2012	2,198			211			104			—			2,513
Costs incurred	22			255			183			104			564
Costs paid	(1,039		)	(255		)	(287		)	(104		)	(1,685		)
Accrued charges at June 30, 2012	1,181			211			—			—			1,392
Costs incurred	3,409			147			22			3			3,581
Costs paid	(577		)	(260		)	(22		)	(3		)	(862		)
Accrued charges at September 30, 2012	$	4,013		$	98		$	—		$	—		$	4,111
Accrued charges at December 31, 2012	$	3,517		$	98		$	8		$	—		$	3,623
Costs incurred	—			—			—			—			—
Costs paid	(736		)	—			(8		)	—			(744		)
Accrued charges at March 31, 2013	2,781			98			—			—			2,879
Costs incurred	—			—			—			—			—
Costs paid	(976		)	—			—			—			(976		)
Accrued charges at June 30, 2013	1,805			98			—			—			1,903
Costs incurred	—			—			—			—			—
Costs paid	(1,006		)	—			—			—			(1,006		)
Accrued charges at September 30, 2013	$	799		$	98		$	—		$	—		$	897

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Document and Entity Information Document	9 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document Information [Line Items]
Entity Registrant Name	BOSTON PRIVATE FINANCIAL HOLDINGS INC
Entity Central Index Key	0000821127
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		79,823,366

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Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2013

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

Recent Accounting Pronouncements

In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The amendments to this update require entities to present information about reclassifications out of accumulated other comprehensive income in a single note or on the face of the financial statements. The new guidance was effective for fiscal years, and interim periods within those years, beginning after December 15, 2012, with early adoption permitted. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

In July 2012, the FASB issued updated guidance, ASU 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. The amendments in this update regarding the impairment testing applicable to indefinite-lived intangible assets, is similar to the impairment guidance issued in ASU 2011-08, Intangibles - Goodwill and Other (Topic 350): Testing Goodwill for Impairment, applicable to goodwill. Under the updated guidance, an entity may assess qualitative factors (such as changes in management, key personnel, strategy, key technology or customers) that may impact the fair value of the indefinite-lived intangible asset and lead to the determination that it is more likely than not that the fair value of the asset is less than its carrying value. If an entity determines that it is more likely than not that the fair value of the intangible asset is less than its carrying value, an impairment test must be performed. The impairment test requires an entity to calculate the estimated fair value of the indefinite-lived intangible asset. If the carrying value of the indefinite-lived intangible asset exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess. The updated guidance is effective for annual and interim indefinite-lived intangible asset impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted provided the company has not yet performed its 2012 impairment test or issued its financial statements. The Company did not early adopt. The adoption of this ASU did not have a material effect on the Company’s consolidated financial statements.

In December 2011, the FASB issued new guidance, ASU 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities and in January 2013, the FASB issued ASU 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. ASU 2011-11 requires entities to disclose both gross and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. ASU 2013-01 limits the scope of disclosures to derivatives, repurchase agreements and securities lending arrangements. The new guidance is effective for fiscal years, and interim periods within those years, beginning after January 1, 2013 and requires a retrospective application for all comparative periods which are presented. The adoption of these ASUs did not have a material effect on the Company’s consolidated financial statements.

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Derivatives and Hedging Activities Derivatives not designated as hedges, effect on statement of operations (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Description of Location of Gain (Loss) on Interest Rate Derivative on Income Statement			Other income/ (expense)
Description of Location of Gain (Loss) on Foreign Currency Derivative in Financial Statements			Other income/ (expense)
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (2)	$ (17)	$ 22	$ 67
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(5)	(21)	14	62
Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 3	$ 4	$ 8	$ 5

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Derivatives and Hedging Activities Accumulated Other Comprehensive Income Related to Derivatives (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Derivative [Line Items]
Accumulated other comprehensive income on cash flow hedges, balance at beginning of year	$ (1,745)	$ (3,128)	$ (2,969)	$ (3,106)
Net change in unrealized gain/ (loss) on cash flow hedges	(648)	(113)	576	(135)
Accumulated other comprehensive income on cash flow hedges, balance at end of period	$ (2,393)	$ (3,241)	$ (2,393)	$ (3,241)