Note 7 - Loans (Tables)

3 Months Ended

Mar. 31, 2013

	March 31, 2013			December 31, 2012
	(In thousands)
Type of Loans:
Commercial loans	$	2,031,789		$	2,127,107
Residential mortgage loans		1,183,460			1,146,230
Commercial mortgage loans		3,759,580			3,768,452
Equity lines		191,462			193,852
Real estate construction loans		184,067			180,950
Installment and other loans		13,982			12,556
Gross loans		7,364,340			7,429,147
Less:
Allowance for loan losses		(178,692	)		(183,322	)
Unamortized deferred loan fees		(10,186	)		(10,238	)
Total loans, net	$	7,175,462		$	7,235,587

Impaired Financing Receivables [Table Text Block]

	Impaired Loans
	Average Recorded Investment				Interest Income Recognized
	Three months ended March 31,				Three months ended March 31,
	2013		2012		2013		2012
	(In thousands)
Commercial loans	$	22,126	$	45,142	$	183	$	257
Real estate construction loans		42,068		66,455		66		176
Commercial mortgage loans		162,257		184,867		1,562		1,088
Residential mortgage and equity lines		17,797		17,715		84		40
Total	$	244,248	$	314,179	$	1,895	$	1,561

	Impaired Loans
	March 31, 2013						December 31, 2012
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	14,437	$	12,294	$	-	$	29,359	$	18,963	$	-
Real estate construction loans		9,304		7,277		-		9,304		7,277		-
Commercial mortgage loans		153,872		120,563		-		189,871		152,957		-
Residential mortgage and equity lines		3,643		3,633		-		4,303		4,229		-
Subtotal	$	181,256	$	143,767	$	-	$	232,837	$	183,426	$	-
With allocated allowance
Commercial loans	$	11,854	$	7,180	$	1,717	$	7,804	$	4,959	$	1,467
Real estate construction loans		54,657		34,795		8,080		54,718		34,856		8,158
Commercial mortgage loans		31,407		30,187		6,242		14,163		12,928		1,336
Residential mortgage and equity lines		16,704		14,615		1,318		14,264		12,428		1,222
Subtotal	$	114,622	$	86,777	$	17,357	$	90,949	$	65,171	$	12,183
Total impaired loans	$	295,878	$	230,544	$	17,357	$	323,786	$	248,597	$	12,183

Past Due Financing Receivables [Table Text Block]

	March 31, 2013
	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	$	15,766	$	-	$	333	$	13,192	$	29,291	$	2,002,498	$	2,031,789
Real estate construction loans		634		-		-		36,237		36,871		147,196		184,067
Commercial mortgage loans		56,343		4,133		467		39,221		100,164		3,659,416		3,759,580
Residential mortgage loans		11,189		1,134		-		11,679		24,002		1,350,920		1,374,922
Installment and other loans		-		-		-		-		-		13,982		13,982
Total loans	$	83,932	$	5,267	$	800	$	100,329	$	190,328	$	7,174,012	$	7,364,340

	December 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	$	16,832	$	1,610	$	630	$	19,958	$	39,030	$	2,088,077	$	2,127,107
Real estate construction loans		-		1,471		-		36,299		37,770		143,180		180,950
Commercial mortgage loans		21,570		3,627		-		35,704		60,901		3,707,551		3,768,452
Residential mortgage loans		5,324		1,972		-		11,941		19,237		1,320,845		1,340,082
Installment and other loans		-		-		-		-		-		12,556		12,556
Total loans	$	43,726	$	8,680	$	630	$	103,902	$	156,938	$	7,272,209	$	7,429,147

	Three months ended March 31, 2013								March 31, 2013
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		4		4,007		4,007	$	-	$	61
Commercial mortgage loans		2		1,175		1,175		-		10
Residential mortgage and equity lines		6		1,696		1,696		-		265
Total		12	$	6,878	$	6,878	$	-	$	336

	Three months ended March 31, 2012								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

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	March 31, 2013
Accruing TDRs	Principal  Deferral		Rate Reduction		Rate Reduction and  Payment Deferral		Total
			(In thousands)
Commercial loans	$	491	$	2,994	$	2,797	$	6,282
Real estate construction loans		-		-		5,834		5,834
Commercial mortgage loans		27,565		16,153		67,812		111,530
Residential mortgage loans		1,455		1,604		3,510		6,569
Total accruing TDRs	$	29,511	$	20,751	$	79,953	$	130,215

	December 31, 2012
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
			(In thousands)
Commercial loans	$	531	$	3,020	$	-	$	413	$	3,964
Real estate construction loans		-		-		-		5,834		5,834
Commercial mortgage loans		27,003		16,656		739		85,783		130,181
Residential mortgage loans		1,461		1,024		-		2,231		4,716
Total accruing TDRs	$	28,995	$	20,700	$	739	$	94,261	$	144,695

	March 31, 2013
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	$	-	$	2,425	$	-	$	1,475	$	-	$	3,900
Real estate construction loans		-		16,577		9,449		-		-		26,026
Commercial mortgage loans		1,606		2,777		5,067		-		7,088		16,538
Residential mortgage loans		267		2,146		295		-		706		3,414
Total non-accrual TDRs	$	1,873	$	23,925	$	14,811	$	1,475	$	7,794	$	49,878

	December 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	$	-	$	912	$	-	$	1,518	$	-	$	2,430
Real estate construction loans		-		16,767		9,579		-		-		26,346
Commercial mortgage loans		1,685		2,817		5,746		-		5,076		15,324
Residential mortgage loans		275		2,010		586		-		760		3,631
Total non-accrual TDRs	$	1,960	$	22,506	$	15,911	$	1,518	$	5,836	$	47,731

Activity Within The Troubled Debt Resturings [Table Text Block]

	Three months ended March 31,
Accruing TDRs	2013			2012
	(In thousands)
Beginning balance	$	144,695		$	120,016
New restructurings		4,816			21,712
Restructured loans restored to accrual status		630			2,853
Payments		(17,892	)		(1,348	)
Restructured loans placed on nonaccrual		(2,034	)		-
Ending balance	$	130,215		$	143,233

	Three months ended March 31,
Non-accrual TDRs	2013			2012
	(In thousands)
Beginning balance	$	47,731		$	50,870
New restructurings		2,062			5,238
Restructured loans placed on nonaccrual		2,034			-
Charge-offs		(679	)		(4,018	)
Payments		(640	)		(27,694	)
Restructured loans restored to accrual status		(630	)		(2,853	)
Ending balance	$	49,878		$	21,543

Financing Receivable Credit Quality Indicators [Table Text Block]

	March 31, 2013
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,870,832	$	72,872	$	82,957	$	5,128	$	2,031,789
Real estate construction loans		120,395		17,692		37,212		8,768		184,067
Commercial mortgage loans		3,360,744		148,987		249,608		241		3,759,580
Residential mortgage and equity lines		1,358,500		1,915		14,106		401		1,374,922
Installment and other loans		13,982		-		-		-		13,982
Total gross loans	$	6,724,453	$	241,466	$	383,883	$	14,538	$	7,364,340

	December 31, 2012
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,944,989	$	76,776	$	94,077	$	11,265	$	2,127,107
Real estate construction loans		109,269		18,000		45,171		8,510		180,950
Commercial mortgage loans		3,344,783		162,455		261,214		-		3,768,452
Residential mortgage and equity lines		1,322,768		816		16,084		414		1,340,082
Installment and other loans		12,556		-		-		-		12,556
Total gross loans	$	6,734,365	$	258,047	$	416,546	$	20,189	$	7,429,147

	Commercial Loans		Real Estate Construction Loans		Commercial Mortgage Loans		Residential Mortgage Loans and Equity Lines		Installment and Other Loans		Total
	(In thousands)
March 31, 2013
Loans individually evaluated for impairment
Allowance	$	1,717	$	8,080	$	6,242	$	1,318	$	-	$	17,357
Balance	$	19,474	$	42,071	$	150,750	$	18,249	$	-	$	230,544
Loans collectively evaluated for impairment
Allowance	$	59,339	$	12,617	$	78,574	$	10,773	$	32	$	161,335
Balance	$	2,012,315	$	141,996	$	3,608,830	$	1,356,673	$	13,982	$	7,133,796
Total allowance	$	61,056	$	20,697	$	84,816	$	12,091	$	32	$	178,692
Total balance	$	2,031,789	$	184,067	$	3,759,580	$	1,374,922	$	13,982	$	7,364,340
December 31, 2012
Loans individually evaluated for impairment
Allowance	$	1,467	$	8,158	$	1,336	$	1,222	$	-	$	12,183
Balance	$	23,922	$	42,133	$	165,885	$	16,657	$	-	$	248,597
Loans collectively evaluated for impairment
Allowance	$	64,634	$	14,859	$	81,137	$	10,481	$	28	$	171,139
Balance	$	2,103,185	$	138,817	$	3,602,567	$	1,323,425	$	12,556	$	7,180,550
Total allowance	$	66,101	$	23,017	$	82,473	$	11,703	$	28	$	183,322
Total balance	$	2,127,107	$	180,950	$	3,768,452	$	1,340,082	$	12,556	$	7,429,147

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

	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Lines			Installment and Other Loans			Total
	(In thousands)
2013 Beginning Balance	$	66,101		$	23,017		$	82,473		$	11,703		$	28		$	183,322
Provision/(credit) for possible credit losses		(3,310	)		(2,399	)		2,968			795			4			(1,942	)
Charge-offs		(2,690	)		-			(990	)		(410	)		-			(4,090	)
Recoveries		955			79			365			3			-			1,402
Net (charge-offs)/recoveries		(1,735	)		79			(625	)		(407	)		-			(2,688	)
March 31, 2013 Ending Balance	$	61,056		$	20,697		$	84,816		$	12,091		$	32		$	178,692
Reserve for impaired loans	$	1,717		$	8,080		$	6,242		$	1,318		$	-		$	17,357
Reserve for non-impaired loans	$	59,339		$	12,617		$	78,574		$	10,773		$	32		$	161,335
Reserve for off-balance sheet credit commitments	$	837		$	311		$	2,122		$	33		$	2		$	3,305
2012 Beginning Balance	$	65,658		$	21,749		$	108,021		$	10,795		$	57		$	206,280
Provision/(credit) 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)/recoveries		(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