Note 7 - Loans (Tables)

3 Months Ended

Mar. 31, 2012

	March 31, 2012			December 31, 2011
	(In thousands)
Type of Loans:
Commercial loans	$	1,844,849		$	1,868,275
Residential mortgage loans		985,105			972,262
Commercial mortgage loans		3,662,436			3,748,897
Equity lines		208,602			214,707
Real estate construction loans		188,081			237,372
Installment and other loans		19,471			17,699
Gross loans		6,908,544			7,059,212
Less:
Allowance for loan losses		(194,743	)		(206,280	)
Unamortized deferred loan fees		(7,921	)		(8,449	)
Total loans, net	$	6,705,880		$	6,844,483
Loans held for sale	$	3,709		$	760

Impaired Financing Receivables [Table Text Block]

	Impaired Loans
	Average Recorded Investment				Interest Income Recognized
	For the three months ended March 31,
	2012		2011		2012		2011
	(In thousands)
Commercial loans	$	45,142	$	41,982	$	257	$	272
Real estate construction loans		66,455		86,024		176		330
Commercial mortgage loans		184,867		253,130		1,088		1,066
Residential mortgage and equity lines		17,715		16,519		40		25
Subtotal	$	314,179	$	397,655	$	1,561	$	1,693

	Impaired Loans
	March 31, 2012						December 31, 2011
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	38,012	$	28,077	$	-	$	46,671	$	38,194	$	-
Real estate construction loans		65,839		43,426		-		134,836		78,767		-
Commercial mortgage loans		174,252		134,562		-		187,580		149,034		-
Residential mortgage and equity lines		4,347		4,273		-		8,555		7,987		-
Subtotal	$	282,450	$	210,338	$	-	$	377,642	$	273,982	$	-
With allocated allowance
Commercial loans	$	20,689	$	17,329	$	1,272	$	11,795	$	7,587	$	3,336
Commercial mortgage loans		36,200		34,191		2,529		29,722		28,023		2,969
Residential mortgage and equity lines		15,480		13,372		1,806		13,813		12,381		1,247
Subtotal	$	72,369	$	64,892	$	5,607	$	55,330	$	47,991	$	7,552
Total impaired loans	$	354,819	$	275,230	$	5,607	$	432,972	$	321,973	$	7,552

Past Due Financing Receivables [Table Text Block]

	As of March 31, 2012
	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
Type of Loans:	(In thousands)
Commercial loans	$	16,248	$	605	$	845	$	30,329	$	48,027	$	1,796,822	$	1,844,849
Real estate construction loans		22,674		3,553		-		10,711		36,938		151,143		188,081
Commercial mortgage loans		11,718		591		544		76,619		89,472		3,572,964		3,662,436
Residential mortgage and equity lines		6,175		668		-		13,838		20,681		1,173,026		1,193,707
Installment and other loans		-		-		-		-		-		19,471		19,471
Total loans	$	56,815	$	5,417	$	1,389	$	131,497	$	195,118	$	6,713,426	$	6,908,544

	As of December 31, 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
Type of Loans:	(In thousands)
Commercial loans	$	1,683	$	-	$	-	$	30,661	$	32,344	$	1,835,931	$	1,868,275
Real estate construction loans		20,326		-		-		46,012		66,338		171,034		237,372
Commercial mortgage loans		13,627		20,277		6,726		107,784		148,414		3,600,483		3,748,897
Residential mortgage and equity lines		5,871		-		-		16,740		22,611		1,164,358		1,186,969
Installment and other loans		-		-		-		-		-		17,699		17,699
Total loans	$	41,507	$	20,277	$	6,726	$	201,197	$	269,707	$	6,789,505	$	7,059,212

	For the Three Months Ended March 31, 2012								As of March 31, 2012
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		5	$	1,988	$	1,988	$	-	$	68
Commercial mortgage loans		9		26,693		23,375		3,318		268
Residential mortgage and equity lines		2		1,587		1,587		-		-
Total		16	$	30,268	$	26,950	$	3,318	$	336

	For the Three Months Ended March 31, 2011								As of March 31, 2011
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		4	$	14,862	$	14,862	$	-	$	5
Commercial mortgage loans		2		1,930		1,929		1		1
Residential mortgage and equity lines		1		591		501		90		93
Total		7	$	17,383	$	17,292	$	91	$	99

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	As of March 31, 2012
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal			Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	12,911	$	1,738		$	-	$	427	$	15,076
Real estate construction loans		16,820		9,620			-		5,776		32,216
Commercial mortgage loans		14,275		37,600			1,506		38,753		92,134
Residential mortgage loans		1,291		1,032			-		1,484		3,807
Total accruing TDRs	$	45,297	$	49,990		$	1,506	$	46,440	$	143,233

	As of December 31, 2011
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	12,933	$	1,756	$	-	$	431	$	15,120
Real estate construction loans		16,820		9,659		-		5,776		32,255
Commercial mortgage loans		471		37,796		2,071		28,935		69,273
Residential mortgage loans		1,294		587		-		1,487		3,368
Total accruing TDRs	$	31,518	$	49,798	$	2,071	$	36,629	$	120,016

Non Accrual Troubled Debt Restructurings [Table Text Block]

	As of March 31, 2012
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	-	$	1,073	$	1,397	$	1,145	$	-	$	3,615
Commercial mortgage loans		2,614		6,859		1,167		-		5,006		15,646
Residential mortgage loans		302		1,349		-		-		631		2,282
Total non-accrual TDRs	$	2,916	$	9,281	$	2,564	$	1,145	$	5,637	$	21,543

	As of December 31, 2011
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	-	$	616	$	1,859	$	1,506	$	-	$	3,981
Real estate construction loans		-		13,579		12,376		-		-		25,955
Commercial mortgage loans		2,633		9,727		-		-		5,076		17,436
Residential mortgage loans		311		2,427		449		-		311		3,498
Total non-accrual TDRs	$	2,944	$	26,349	$	14,684	$	1,506	$	5,387	$	50,870

Activity Within The Troubled Debt Resturings [Table Text Block]

	For the Three Months Ended March 31,
Accruing TDRs	2012			2011
	(In thousands)
Beginning balance	$	120,016		$	136,800
New restructurings		21,712			13,736
Restructured loans restored to accrual status		2,853			-
Payments		(1,348	)		(1,660	)
Restructured loans placed on nonaccrual		-			(12,816	)
Expiration of loan concession		-			(733	)
Ending balance	$	143,233		$	135,327

	For the Three Months Ended March 31,
Non-accrual TDRs	2012			2011
	(In thousands)
Beginning balance	$	50,870		$	28,147
New restructurings		5,238			3,679
Restructured loans placed on nonaccrual		-			12,816
Charge-offs		(4,018	)		(1,104	)
Payments		(27,694	)		(408	)
Restructured loans restored to accrual status		(2,853	)		-
Ending balance	$	21,543		$	43,130

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of March 31, 2012
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,697,108	$	66,297	$	74,643	$	6,801	$	1,844,849
Real estate construction loans		110,965		21,718		48,280		7,118		188,081
Commercial mortgage loans		3,245,353		112,335		304,748		-		3,662,436
Residential mortgage and equity lines		1,173,660		403		19,500		144		1,193,707
Installment and other loans		19,405		66		-		-		19,471
Total gross loans	$	6,246,491	$	200,819	$	447,171	$	14,063	$	6,908,544
Loans held for sale	$	3,209	$	-	$	-	$	500	$	3,709

	As of December 31, 2011
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,689,842	$	64,290	$	108,858	$	5,285	$	1,868,275
Real estate construction loans		115,538		23,555		90,132		8,147		237,372
Commercial mortgage loans		3,275,431		69,925		403,541		-		3,748,897
Residential mortgage and equity lines		1,149,225		4,439		33,160		145		1,186,969
Installment and other loans		17,636		63		-		-		17,699
Total gross loans	$	6,247,672	$	162,272	$	635,691	$	13,577	$	7,059,212
Loans held for sale	$	-	$	-	$	260	$	500	$	760

			Real Estate		Commercial		Residential
	Commercial		Construction		Mortgage		Mortgage Loans		Consumer and
	Loans		Loans		Loans		and Equity Lines		Other Loans		Total
	(In thousands)
March 31, 2012
Loans individually evaluated for impairment
Allowance	$	1,272	$	-	$	2,529	$	1,806	$	-	$	5,607
Balance	$	45,406	$	43,426	$	168,753	$	17,645	$	-	$	275,230
Loans collectively evaluated for impairment
Allowance	$	59,119	$	17,993	$	103,657	$	8,317	$	50	$	189,136
Balance	$	1,799,443	$	144,655	$	3,493,683	$	1,176,062	$	19,471	$	6,633,314
Total allowance	$	60,391	$	17,993	$	106,186	$	10,123	$	50	$	194,743
Total balance	$	1,844,849	$	188,081	$	3,662,436	$	1,193,707	$	19,471	$	6,908,544
December 31, 2011
Loans individually evaluated for impairment
Allowance	$	3,336	$	-	$	2,969	$	1,247	$	-	$	7,552
Balance	$	45,781	$	78,766	$	177,058	$	20,368	$	-	$	321,973
Loans collectively evaluated for impairment
Allowance	$	62,322	$	21,749	$	105,052	$	9,548	$	57	$	198,728
Balance	$	1,822,494	$	158,606	$	3,571,839	$	1,166,601	$	17,699	$	6,737,239
Total allowance	$	65,658	$	21,749	$	108,021	$	10,795	$	57	$	206,280
Total balance	$	1,868,275	$	237,372	$	3,748,897	$	1,186,969	$	17,699	$	7,059,212

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

	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Line			Installment and Other Loans			Total
	(In thousands)
2012 Beginning Balance	$	65,658		$	21,749		$	108,021		$	10,795		$	57		$	206,280
Provision for possible credit losses		(1,041	)		(6,439	)		4,318			(260	)		15			(3,407	)
Charge-offs		(4,959	)		(875	)		(8,222	)		(779	)		(25	)		(14,860	)
Recoveries		746			3,557			2,058			366			3			6,730
Net charge-offs		(4,213	)		2,682			(6,164	)		(413	)		(22	)		(8,130	)
March 31, 2012 Ending Balance	$	60,404		$	17,992		$	106,175		$	10,122		$	50		$	194,743
Reserve for impaired loans	$	1,272		$	-		$	2,529		$	1,806		$	-		$	5,607
Reserve for non-impaired loans	$	59,119		$	17,993		$	103,657		$	8,317		$	50		$	189,136
Reserve for off-balance sheet credit commitments	$	720		$	635		$	84		$	34		$	2		$	1,475
2011 Beginning Balance	$	63,919		$	43,261		$	128,347		$	9,668		$	36		$	245,231
Provision for possible credit losses		(122	)		4,654			1,218			423			(10	)		6,163
Charge-offs		(1,378	)		(6,248	)		(5,123	)		(226	)		-			(12,975	)
Recoveries		775			887			853			84			12			2,611
Net charge-offs		(603	)		(5,361	)		(4,270	)		(142	)		12			(10,364	)
March 31, 2011 Ending Balance	$	63,194		$	42,554		$	125,295		$	9,949		$	38		$	241,030
Reserve for impaired loans	$	2,953		$	7,569		$	3,664		$	1,106		$	-		$	15,292
Reserve for non-impaired loans	$	60,241		$	34,985		$	121,631		$	8,843		$	38		$	225,738
Reserve for off-balance sheet credit commitments	$	689		$	1,355		$	93		$	35		$	2		$	2,174