Loans (Tables)

9 Months Ended

Sep. 30, 2011

Loans [Abstract]

Schedule Of Components Of Loans In Consolidated Balance Sheets

	September 30, 2011			December 31, 2010
	(In thousands)
Type of Loans:
Commercial loans	$	1,821,059		$	1,441,167
Real estate construction loans		249,003			409,986
Commercial mortgage loans		3,748,524			3,940,061
Residential mortgage loans		967,396			852,454
Equity lines		215,315			208,876
Installment and other loans		15,845			16,077
Gross loans		7,017,142			6,868,621
Less:
Allowance for loan losses		(209,116	)		(245,231	)
Unamortized deferred loan fees		(8,360	)		(7,621	)
Total loans, net	$	6,799,666		$	6,615,769
Loans held for sale	$	1,276		$	2,873

Schedule Of Average Balance And Interest Income Recognized Related To Impaired Loans

	Impaired Loans
	Average Recorded Investment								Interest Income Recognized
	For the three months ended				For the nine months ended				For the three months ended				For the nine months ended
	September 30,				September 30,				September 30,				September 30,
	2011		2010		2011		2010		2011		2010		2011		2010
	(In thousands)
Commercial loans	$	55,599	$	31,574	$	49,370	$	35,669	$	264	$	36	$	789	$	122
Real estate construction loans		78,307		88,496		83,011		95,010		488		243		1,461		729
Commercial mortgage loans		180,554		238,708		225,195		234,045		895		940		3,100		2,120
Residential mortgage and equity lines		17,798		11,558		17,252		10,813		9		15		28		37
Subtotal	$	332,258	$	370,336	$	374,828	$	375,537	$	1,656	$	1,234	$	5,378	$	3,008

Schedule Of Impaired Loans And Related Allowance And Charge-Off

	Impaired Loans
	September 30, 2011						December 31, 2010
	Unpaid  Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	36,594	$	26,111	$	—	$	41,233	$	27,775	$	—
Real estate construction loans		125,478		82,818		—		102,186		64,274		—
Commercial mortgage loans		169,495		131,342		—		211,717		156,305		—
Residential mortgage and equity lines		8,073		7,468		—		7,823		7,436		—
Subtotal	$	339,640	$	247,739	$	—	$	362,959	$	255,790	$	—
With allocated allowance
Commercial loans	$	22,902	$	18,879	$	2,270	$	13,930	$	7,748	$	2,925
Real estate construction loans		—		—		—		15,429		13,416		7,470
Commercial mortgage loans		44,036		42,220		3,930		98,593		96,449		3,812
Residential mortgage and equity lines		12,475		11,422		1,203		9,811		8,589		978
Subtotal	$	79,413	$	72,521	$	7,403	$	137,763	$	126,202	$	15,185
Total impaired loans	$	419,053	$	320,260	$	7,403	$	500,722	$	381,992	$	15,185

Schedule Of Aging Of Loan Portfolio

	As of September 30, 2011
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
	(In thousands)
Type of Loans:
Commercial loans	$	337	$	1,022	$	—	$	29,723	$	31,082	$	1,789,977	$	1,821,059
Real estate construction loans		—		—		—		49,997		49,997		199,006		249,003
Commercial mortgage loans		10,366		12,715		13,053		97,338		133,472		3,615,052		3,748,524
Residential mortgage and equity lines		948		3,596		—		15,656		20,200		1,162,511		1,182,711
Installment and other loans		300		—		—		—		300		15,545		15,845
Total loans	$	11,951	$	17,333	$	13,053	$	192,714	$	235,051	$	6,782,091	$	7,017,142
	As of December 31, 2010
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
	(In thousands)
Type of Loans:
Commercial loans	$	7,037	$	2,990	$	—	$	31,498	$	41,525	$	1,399,642	$	1,441,167
Real estate construction loans		14,634		15,425		4,175		53,937		88,171		321,815		409,986
Commercial mortgage loans		12,569		9,430		831		144,596		167,426		3,772,635		3,940,061
Residential mortgage and equity lines		9,934		2,581		—		12,288		24,803		1,036,527		1,061,330
Installment and other loans		—		—		—		—		—		16,077		16,077
Total loans	$	44,174	$	30,426	$	5,006	$	242,319	$	321,925	$	6,546,696	$	6,868,621

Schedule Of Troubled Debt Restructurings Modified in 2011

	TDRs Modified During the First Nine Months of 2011
	Accruing TDRs						Non-Accruing TDRs
	No. of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		No. of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	(In thousands)						(In thousands)
Commercial loans		3	$	13,026	$	13,025		4	$	8,161	$	2,161
Real estate construction loans		2		36,848		26,544		1		7,382		7,382
Commercial mortgage loans		4		27,482		16,062		2		1,248		1,248
Residential mortgage and equity lines		2		1,125		1,125		1		451		451
Total		11	$	78,481	$	56,756		8	$	17,242	$	11,242
	TDRs Modified During the Third quarter of 2011
	Accruing TDRs						Non-Accrual TDRs
	No. of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		No. of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	(In thousands)						(In thousands)
Commercial loans		1	$	14	$	14		1	$	363	$	363
Real estate construction loans		2		36,848		26,545		—		—		—
Commercial mortgage loans		3		23,708		14,270		—		—		—
Residential mortgage and equity lines		1		624		624		1		451		451
Total		7	$	61,194	$	41,453		2	$	814	$	814

Schedule Of Troubled Debt Restructuring By Type Of Concession And Type Of Loans

	As of September 30, 2011
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total		Allowance
	(In thousands)
Commercial loans	$	13,056	$	1,774	$	—	$	436	$	15,266	$	7
Real estate construction loans		16,820		9,725		—		5,776		32,321		—
Commercial mortgage loans		4,292		37,997		2,050		31,111		75,450		1,976
Residential mortgage loans		1,661		593		—		979		3,233		145
Total accruing TDRs	$	35,829	$	50,089	$	2,050	$	38,302	$	126,270	$	2,128

	As of September 30, 2011
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total		Allowance
	(In thousands)
Commercial loans	$	—	$	629	$	1,959	$	1,536	$	—	$	4,124	$	1,088
Real estate construction loans		—		14,426		13,664		—		—		28,090		—
Commercial mortgage loans		2,690		5,781		—		—		—		8,471		1
Residential mortgage loans		321		2,300		452		—		317		3,390		97
Total non-accrual TDRs	$	3,011	$	23,136	$	16,075	$	1,536	$	317	$	44,075	$	1,186

	As of December 31, 2010
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total		Allowance
	(In thousands)
Commercial loans	$	1,131	$	1,780	$	—	$	1,114	$	4,025	$	59
Real estate construction loans		752		17,226		—		5,776		23,754		117
Commercial mortgage loans		16,586		70,185		3,459		15,055		105,285		3,363
Residential mortgage loans		2,658		599		—		479		3,736		49
Total accruing TDRs	$	21,127	$	89,790	$	3,459	$	22,424	$	136,800	$	3,588

	As of December 31, 2010
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total		Allowance
	(In thousands)
Commercial loans	$	—	$	—	$	2,310	$	—	$	2,310	$	1,159
Real estate construction loans		—		7,044		—		—		7,044		—
Commercial mortgage loans		1,239		14,112		—		1,113		16,464		75
Residential mortgage loans		340		1,037		—		951		2,328		69
Total non-accrual TDRs	$	1,579	$	22,193	$	2,310	$	2,064	$	28,146	$	1,303

Schedule Of Portfolio By Risk Rating

	As of September 30, 2011
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,681,005	$	43,125	$	91,094	$	5,835	$	1,821,059
Real estate construction loans		118,932		24,932		96,951		8,188		249,003
Commercial mortgage loans		3,310,957		77,153		360,414		—		3,748,524
Residential mortgage and equity lines		1,158,638		1,172		22,901		—		1,182,711
Installment and other loans		15,783		62		—		—		15,845
Total gross loans	$	6,285,315	$	146,444	$	571,360	$	14,023	$	7,017,142
Loans held for sale	$	—	$	—	$	776	$	500	$	1,276

	As of December 31, 2010
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,258,537	$	58,189	$	118,670	$	5,771	$	1,441,167
Real estate construction loans		191,455		53,172		153,857		11,502		409,986
Commercial mortgage loans		3,365,040		143,974		431,047		—		3,940,061
Residential mortgage and equity lines		1,026,216		6,109		28,846		159		1,061,330
Installment and other loans		15,535		542		—		—		16,077
Total gross loans	$	5,856,783	$	261,986	$	732,420	$	17,432	$	6,868,621
Loans held for sale	$	—	$	—	$	2,873	$	—	$	2,873

Schedule Of Allowance For Loan Losses By Portfolio Segment And Based On Impairment Method

	Commercial Loans		Real Estate Construction Loans		Commercial Mortgage Loans		Residential Mortgage Loans and Equity Lines		Consumer and Other Loans		Total
	(In thousands)
September 30, 2011
Loans individually evaluated for impairment
Allowance	$	2,270	$	—	$	3,930	$	1,203	$	—	$	7,403
Balance	$	44,989	$	82,818	$	173,563	$	18,890	$	—	$	320,260
Loans collectively evaluated for impairment
Allowance	$	61,518	$	23,876	$	109,144	$	7,140	$	35	$	201,713
Balance	$	1,776,070	$	166,185	$	3,574,961	$	1,163,821	$	15,845	$	6,696,882
Total allowance	$	63,788	$	23,876	$	113,074	$	8,343	$	35	$	209,116
Total balance	$	1,821,059	$	249,003	$	3,748,524	$	1,182,711	$	15,845	$	7,017,142
December 31, 2010
Loans individually evaluated for impairment
Allowance	$	2,540	$	7,470	$	3,106	$	—	$	—	$	13,116
Balance	$	33,555	$	77,691	$	248,059	$	7,435	$	—	$	366,740
Loans collectively evaluated for impairment
Allowance	$	61,379	$	35,791	$	125,241	$	9,668	$	36	$	232,115
Balance	$	1,407,612	$	332,295	$	3,692,002	$	1,053,895	$	16,077	$	6,501,881
Total allowance	$	63,919	$	43,261	$	128,347	$	9,668	$	36	$	245,231
Total balance	$	1,441,167	$	409,986	$	3,940,061	$	1,061,330	$	16,077	$	6,868,621

Schedule Of Allowance For Loan Losses By Portfolio Segment

For the Three Months Ended September 30, 2010 and 2011

	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Line			Installment and Other Loans			Total
	(In thousands)
June 30, 2010 Ending Balance	$	60,738		$	42,442		$	144,000		$	8,430		$	40		$	255,650
Provision for possible credit losses		7,266			14,255			(1,920	)		464			1			20,066
Charge-offs		(5,588	)		(9,014	)		(6,605	)		(140	)		—			(21,347	)
Recoveries		963			1,945			428			1			—			3,337
Net charge-offs		(4,625	)		(7,069	)		(6,177	)		(139	)		—			(18,010	)
September 30, 2010 Ending Balance	$	63,379		$	49,628		$	135,903		$	8,755		$	41		$	257,706
June 30, 2011 Ending Balance	$	65,860		$	37,683		$	117,014		$	9,307		$	36		$	229,900
Provision for possible credit losses		(1,366	)		9,324			951			(224	)		(1	)		8,684
Charge-offs		(1,219	)		(23,539	)		(5,264	)		(818	)		—			(30,840	)
Recoveries		513			408			373			78						1,372
Net charge-offs		(706	)		(23,131	)		(4,891	)		(740	)		—			(29,468	)
September 30, 2011 Ending Balance	$	63,788		$	23,876		$	113,074		$	8,343		$	35		$	209,116

For the Nine Months Ended September 30, 2010 and 2011

	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Line			Installment and Other Loans			Total
	(In thousands)
2010 Beginning Balance	$	57,815		$	45,086		$	100,494		$	8,480		$	14		$	211,889
Provision for possible credit losses		19,733			37,897			89,981			1,807			25			149,443
Charge-offs		(17,501	)		(38,213	)		(55,892	)		(1,605	)		—			(113,211	)
Recoveries		3,332			4,858			1,320			73			2			9,585
Net charge-offs		(14,169	)		(33,355	)		(54,572	)		(1,532	)		2			(103,626	)
September 30, 2010 Ending Balance	$	63,379		$	49,628		$	135,903		$	8,755		$	41		$	257,706
Reserve for impaired loans	$	3,126		$	11,263		$	8,089		$	980					$	23,458
Reserve for non-impaired loans	$	60,253		$	38,365		$	127,814		$	7,775		$	41		$	234,248
Reserve for off-balance sheet credit commitments	$	575		$	1,933		$	116		$	37		$	3		$	2,664
2011 Beginning Balance	$	63,919		$	43,261		$	128,347		$	9,668		$	36		$	245,231
Provision for possible credit losses		9,516			10,713			5,704			(458	)		(1	)		25,474
Charge-offs		(11,215	)		(34,394	)		(24,083	)		(1,044	)		—			(70,736	)
Recoveries		1,568			4,296			3,106			177						9,147
Net charge-offs		(9,647	)		(30,098	)		(20,977	)		(867	)		—			(61,589	)
September 30, 2011 Ending Balance	$	63,788		$	23,876		$	113,074		$	8,343		$	35		$	209,116
Reserve for impaired loans	$	2,270		$	—		$	3,930		$	1,203		$	—		$	7,403
Reserve for non-impaired loans	$	61,518		$	23,876		$	109,144		$	7,140		$	35		$	201,713
Reserve for off-balance sheet credit commitments	$	757		$	967		$	103		$	34		$	2		$	1,863