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Note 5 - Loans (Tables)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Receivables [Abstract]    
Schedule Of Components Of Loans In Consolidated Balance Sheets [Table Text Block]
   

As of December 31,

 
   

2013

   

2012

 
   

(In thousands)

 

Type of Loans:

               

Commercial loans

  $ 2,298,724     $ 2,127,107  

Real estate construction loans

    221,701       180,950  

Commercial mortgage loans

    4,023,051       3,768,452  

Residential mortgage loans

    1,355,255       1,146,230  

Equity lines

    171,277       193,852  

Installment and other loans

    14,555       12,556  

Gross loans

    8,084,563       7,429,147  

Less:

               

Allowance for loan losses

    (173,889 )     (183,322 )

Unamortized deferred loan fees

    (13,487 )     (10,238 )

Total loans and leases, net

  $ 7,897,187     $ 7,235,587  
 
Schedule of Related Party Transactions [Table Text Block]
   

December 31,

 
   

2013

   

2012

 
   

(In thousands)

 

Balance at beginning of year

  $ 172,584     $ 160,069  

Additional loans made

    64,063       92,249  

Payment received

    (109,662 )     (79,734 )

Balance at end of year

  $ 126,985     $ 172,584  
 
Schedule Of Impaired Loans And Related Allowance And Charge-Off [Table Text Block]
   

Impaired Loans

 
   

As of December 31, 2013

   

As of December 31, 2012

 
   

Unpaid Principal Balance

   

Recorded Investment

   

Allowance

   

Unpaid Principal Balance

   

Recorded Investment

   

Allowance

 
   

(Dollars in thousands)

 
                                                 

With no allocated allowance

                                         

Commercial loans

  $ 20,992     $ 18,905     $ -     $ 29,359     $ 18,963     $ -  

Real estate construction loans

    25,401       15,097       -       9,304       7,277       -  

Commercial mortgage loans

    105,593       78,930       -       189,871       152,957       -  

Residential mortgage and equity lines

    4,892       4,892       -       4,303       4,229       -  

Subtotal

  $ 156,878     $ 117,824     $ -     $ 232,837     $ 183,426     $ -  

With allocated allowance

                                               

Commercial loans

  $ 22,737     $ 13,063     $ 2,519     $ 7,804     $ 4,959     $ 1,467  

Real estate construction loans

    28,475       19,323       3,460       54,718       34,856       8,158  

Commercial mortgage loans

    39,223       35,613       6,584       14,163       12,928       1,336  

Residential mortgage and equity lines

    16,535       14,957       721       14,264       12,428       1,222  

Subtotal

  $ 106,970     $ 82,956     $ 13,284     $ 90,949     $ 65,171     $ 12,183  

Total impaired loans

  $ 263,848     $ 200,780     $ 13,284     $ 323,786     $ 248,597     $ 12,183  
 
Impaired Financing Receivables [Table Text Block]
   

For the year ended December 31,

 
   

2013

   

2012

   

2011

   

2013

   

2012

   

2011

 
   

Average Recorded Investment

   

Interest Income Recognized

 
                                                 
   

(In thousands)

 

Commercial loans

  $ 27,123     $ 31,798     $ 48,349     $ 770     $ 580     $ 1,053  

Real estate construction loans

    37,875       49,094       82,529       284       265       940  

Commercial mortgage loans

    138,121       178,822       212,555       4,256       8,221       3,101  

Residential mortgage and equity lines

    18,033       18,062       17,920       289       239       236  

Subtotal

  $ 221,152     $ 277,776     $ 361,353     $ 5,599     $ 9,305     $ 5,330  
 
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]
   

2013

   

2012

   

2011

 
   

(In thousands)

 

Non-accrual portfolio loans

  $ 83,183     $ 103,902     $ 201,197  

Non-accrual loans held-for-sale

    -       -       760  

Total non-accrual loans

  $ 83,183     $ 103,902     $ 201,957  
                         

Contractual interest due

  $ 5,851     $ 6,621     $ 13,049  

Interest recognized

    22       1,006       71  

Net interest foregone

  $ 5,829     $ 5,615     $ 12,978  
 
Past Due Financing Receivables [Table Text Block]
   

As of December 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

 
   

(In thousands)

 
Type of Loans:                                                        

Commercial loans

  $ 7,170     $ 16,562     $ -     $ 21,232     $ 44,964     $ 2,253,760     $ 2,298,724  

Real estate construction loans

    -       -       -       28,586       28,586       193,115       221,701  

Commercial mortgage loans

    20,043       7,862       982       19,621       48,508       3,974,543       4,023,051  

Residential mortgage loans

    3,508       832       -       13,744       18,084       1,508,448       1,526,532  

Installment and other loans

    100       -       -       -       100       14,455       14,555  

Total loans

  $ 30,821     $ 25,256     $ 982     $ 83,183     $ 140,242     $ 7,944,321     $ 8,084,563  
   

As of 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

 
   

(In thousands)

 
Type of Loans:                                                        

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  
 
Schedule Of Troubled Debt Restructurings [Table Text Block]
   

No. of Contracts

   

Pre-Modification Outstanding Recorded Investment

   

Post-Modification Outstanding Recorded Investment

   

Specific Reserve

   

Charge-offs

 
   

(Dollars in thousands)

 
                                         

Commercial loans

    9     $ 12,026     $ 10,860     $ 550     $ 1,166  

Commercial mortgage loans

    5       13,090       13,090       329       -  

Residential mortgage and equity lines

    11       3,736       3,658       103       78  

Total

    25     $ 28,852     $ 27,608     $ 982     $ 1,244  
   

No. of Contracts

   

Pre-Modification Outstanding Recorded Investment

   

Post-Modification Outstanding Recorded Investment

   

Specific Reserve

   

Charge-offs

 
   

(Dollars in thousands)

 
                                         

Commercial loans

    9     $ 3,646     $ 3,646     $ 1,213     $ -  

Commercial mortgage loans

    20       62,118       58,393       27       3,725  

Residential mortgage and equity lines

    14       4,305       4,223       162       82  

Total

    43     $ 70,069     $ 66,262     $ 1,402     $ 3,807  
   

No. of Contracts

   

Pre-Modification Outstanding Recorded Investment

   

Post-Modification Outstanding Recorded Investment

   

Specific Reserve

   

Charge-off

 
   

(Dollars in thousands)

 
                                         

Commercial loans

    7     $ 15,025     $ 15,025     $ 104     $ -  

Real estate construction loans

    3       33,669       21,522       -       12,147  

Commercial mortgage loans

    6       17,343       14,294       1       3,049  

Residential mortgage and equity lines

    3       1,574       1,574       114       -  

Total

    19     $ 67,611     $ 52,415     $ 219     $ 15,196  
 
Troubled Debt Restructurings on Financing Receivables [Table Text Block]  
   

As of December 31, 2013

 

Accruing TDRs

 

Principal Deferral

   

Rate Reduction

    Rate Reduction and Forgiveness of Principal    

Rate Reduction and Payment Deferral

   

Total

 
   

(In thousands)

 

Commercial loans

  $ 9,112     $ 2,916     $ -     $ 2,708     $ 14,736  

Real estate construction loans

    -       -       -       5,834       5,834  

Commercial mortgage loans

    11,333       9,389       -       70,200       90,922  

Residential mortgage loans

    1,564       1,024       -       3,517       6,105  

Total accruing TDRs

  $ 22,009     $ 13,329     $ -     $ 82,259     $ 117,597  
   

As of 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  
    As of December 31, 2011  

Accruing TDRs

 

Principal Deferral

   

Rate Reduction

   

Rate Reduction and Forgiveness of Principal

   

Rate Reduction and Payment Deferral

   

Total

 
                                         

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 December 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

  $ -     $ 2,866     $ -     $ 1,352     $ -     $ 4,218  

Real estate construction loans

    -       16,009       -       -       9,263       25,272  

Commercial mortgage loans

    1,443       2,168       -       -       1,843       5,454  

Residential mortgage loans

    241       2,206       -       -       1,378       3,825  

Total non-accrual TDRs

  $ 1,684     $ 23,249     $ -     $ 1,352     $ 12,484     $ 38,769  
   

As of 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  
    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

 
                                                 

Commercial loans

  $ -     $ 616     $ 1,859     $ 1,506     $ -     $ 3,981  

Real estate construction loans

    -       13,579       12,376       -       -       25,955  

Commercial mortgage loans

    -       9,727       -       -       5,076       17,436  

Residential mortgage loans

    -       2,427       449       -       311       3,498  

Total non-accrual TDRs

  $ -     $ 26,349     $ 14,684     $ 1,506     $ 5,387     $ 50,870  
Activity Within The Troubled Debt Restructurings [Table Text Block]

Accruing TDRs

 

2013

   

2012

   

2011

 
   

(In thousands)

 

Beginning balance

  $ 144,695     $ 120,016     $ 136,800  

New restructurings

    21,382       53,958       60,863  

Restructured loans restored to accrual status

    6,851       8,356       709  

Charge-offs

    (78 )     (251 )     (2,341 )

Payments

    (52,362 )     (5,159 )     (46,313 )

Restructured loans placed on non-accrual

    (2,891 )     (32,225 )     (28,969 )

Expiration of loan concession

    -       -       (733 )

Ending balance

  $ 117,597     $ 144,695     $ 120,016  

Non-accrual TDRs

 

2013

   

2012

   

2011

 
   

(In thousands)

 

Beginning balance

  $ 47,731     $ 50,870     $ 28,146  

New restructurings

    6,226       12,304       13,269  

Restructured loans placed on non-accrual

    2,891       32,225       28,969  

Charge-offs

    (2,124 )     (4,182 )     (7,303 )

Payments

    (4,295 )     (33,931 )     (3,355 )

Foreclosures

    (4,809 )     (1,199 )     (8,147 )

Restructured loans restored to accrual status

    (6,851 )     (8,356 )     (709 )

Ending balance

  $ 38,769     $ 47,731     $ 50,870  
 
Financing Receivable Credit Quality Indicators [Table Text Block]
   

As of December 31, 2013

 
   

Pass/Watch

   

Special Mention

   

Substandard

   

Doubtful

   

Total

 
    (in thousands)  

Commercial loans

  $ 2,108,191     $ 84,786     $ 102,088     $ 3,659     $ 2,298,724  

Real estate construction loans

    184,449       -       33,939       3,313       221,701  

Commercial mortgage loans

    3,686,788       127,436       208,827       -       4,023,051  

Residential mortgage and equity lines

    1,510,647       -       15,885       -       1,526,532  

Installment and other loans

    14,555       -       -       -       14,555  
                                         

Total gross loans

  $ 7,504,630     $ 212,222     $ 360,739     $ 6,972     $ 8,084,563  
   

As of 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  
 
Allowance For Credit Losses On Financing Receivables Based On Impairment Method [Table Text Block]
   

Commercial

Loans

   

Real Estate

Construction

Loans

   

Commercial

Mortgage

Loans

   

Residential

Mortgage

and Equity Lines

   

Consumer

and Other

   

Total

 
   

(In thousands)

 

December 31, 2013

                                               

Loans individually evaluated for impairment

                                               

Allowance

  $ 2,519     $ 3,460     $ 6,584     $ 721     $ -     $ 13,284  

Balance

  $ 31,968     $ 34,420     $ 114,544     $ 19,848     $ -     $ 200,780  
                                                 

Loans collectively evaluated for impairment

                                               

Allowance

  $ 62,584     $ 8,539     $ 78,169     $ 11,284     $ 29     $ 160,605  

Balance

  $ 2,266,756     $ 187,281     $ 3,908,507     $ 1,506,684     $ 14,555     $ 7,883,783  
                                                 

Total allowance

  $ 65,103     $ 11,999     $ 84,753     $ 12,005     $ 29     $ 173,889  

Total balance

  $ 2,298,724     $ 221,701     $ 4,023,051     $ 1,526,532     $ 14,555     $ 8,084,563  
                                                 

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  
                                                 

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 Lines

   

Installment

and Other

Loans

   

Total

 
   

(In thousands)

 

2011 Beginning Balance

  $ 63,918     $ 43,262     $ 128,348     $ 9,668     $ 35     $ 245,231  
                                                 

Provision for possible loan losses

    11,711       11,514       1,454       2,392       197       27,268  
                                                 

Charge-offs

    (11,745 )     (37,500 )     (26,750 )     (1,456 )     (175 )     (77,626 )

Recoveries

    1,774       4,473       4,969       191       -       11,407  

Net Charge-offs

    (9,971 )     (33,027 )     (21,781 )     (1,265 )     (175 )     (66,219 )
                                                 

2011 Ending Balance

  $ 65,658     $ 21,749     $ 108,021     $ 10,795     $ 57     $ 206,280  

Reserve to impaired loans

  $ 3,336     $ -     $ 2,969     $ 1,247     $ -     $ 7,552  

Reserve to non-impaired loans

  $ 62,322     $ 21,749     $ 105,052     $ 9,548     $ 57     $ 198,728  

Reserve for off-balance sheet credit commitments

  $ 816     $ 1,103     $ 113     $ 34     $ 3     $ 2,069  
                                                 

2012 Beginning Balance

  $ 65,658     $ 21,749     $ 108,021     $ 10,795     $ 57     $ 206,280  
                                                 

Provision/(reversal) for possible loan losses

    16,201       (3,720 )     (23,128 )     2,360       (7 )     (8,294 )
                                                 

Charge-offs

    (17,707 )     (1,165 )     (11,762 )     (2,132 )     (25 )     (32,791 )

Recoveries

    1,949       6,153       9,342       680       3       18,127  

Net Charge-offs

    (15,758 )     4,988       (2,420 )     (1,452 )     (22 )     (14,664 )
                                                 

2012 Ending Balance

  $ 66,101     $ 23,017     $ 82,473     $ 11,703     $ 28     $ 183,322  

Reserve to impaired loans

  $ 1,467     $ 8,158     $ 1,336     $ 1,222     $ -     $ 12,183  

Reserve to non-impaired loans

  $ 64,634     $ 14,859     $ 81,137     $ 10,481     $ 28     $ 171,139  

Reserve for off-balance sheet credit commitments

  $ 837     $ 390     $ 98     $ 34     $ 3     $ 1,362  
                                                 

2013 Beginning Balance

  $ 66,101     $ 23,017     $ 82,473     $ 11,703     $ 28     $ 183,322  
                                                 

Provision/(reversal) for possible loan losses

    11,888       (13,302 )     (2,500 )     924       (10 )     (3,000 )
                                                 

Charge-offs

    (15,625 )     -       (3,945 )     (872 )     -       (20,442 )

Recoveries

    2,739       2,284       8,725       250       11       14,009  

Net Charge-offs

    (12,886 )     2,284       4,780       (622 )     11       (6,433 )
                                                 

2013 Ending Balance

  $ 65,103     $ 11,999     $ 84,753     $ 12,005     $ 29     $ 173,889  

Reserve to impaired loans

  $ 2,519     $ 3,460     $ 6,584     $ 721     $ -     $ 13,284  

Reserve to non-impaired loans

  $ 62,584     $ 8,539     $ 78,169     $ 11,284     $ 29     $ 160,605  

Reserve for off-balance sheet credit commitments

  $ 909     $ 304     $ 111     $ 34     $ 1     $ 1,359  
 
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]
   

December 31,

 
   

2013

   

2012

   

2011

 
   

(In thousands)

 
Allowance for Loan Losses                        

Balance at beginning of year

  $ 183,322     $ 206,280     $ 245,231  

(Reversal)/provision for credit losses

    (3,000 )     (9,000 )     27,000  

Transfers from reserve for off-balance sheet credit commitments

    -       706       268  

Loans charged off

    (20,442 )     (32,791 )     (77,626 )

Recoveries of charged off loans

    14,009       18,127       11,407  

Balance at end of year

  $ 173,889     $ 183,322     $ 206,280  

Reserve for Off-balance Sheet Credit Commitments

                       

Balance at beginning of year

  $ 1,363     $ 2,069     $ 2,337  

Provision for credit losses/transfers

    -       (706 )     (268 )

Balance at end of year

  $ 1,363     $ 1,363     $ 2,069