Note 7 - Loans (Tables)

9 Months Ended

Sep. 30, 2014

Note 7 - Loans (Tables) [Line Items]

Schedule Of Components Of Loans In Consolidated Balance Sheets [Table Text Block]

	September 30, 2014			December 31, 2013
	(In thousands)
Type of Loans:
Commercial loans	$	2,450,118		$	2,298,724
Residential mortgage loans		1,516,711			1,355,255
Commercial mortgage loans		4,414,067			4,023,051
Equity lines		172,223			171,277
Real estate construction loans		301,459			221,701
Installment and other loans		3,676			14,555
Gross loans		8,858,254			8,084,563
Less:
Allowance for loan losses		(169,198	)		(173,889	)
Unamortized deferred loan fees		(12,903	)		(13,487	)
Total loans, net	$	8,676,153		$	7,897,187

Impaired Financing Receivables [Table Text Block]

	Impaired Loans
	Average Recorded Investment								Interest Income Recognized
	Three months ended				Nine months ended				Three months ended				Nine months ended
	September 30,				September 30,				September 30,				September 30,
	2014		2013		2014		2013		2014		2013		2014		2013
							(In thousands)
Commercial loans	$	21,706	$	32,187	$	26,741	$	24,873	$	205	$	166	$	636	$	395
Real estate construction loans		33,276		34,946		33,459		39,014		66		67		198		199
Commercial mortgage loans		119,611		132,921		114,663		145,380		1,153		730		3,310		3,289
Residential mortgage and equity lines		16,151		16,884		17,889		17,574		128		106		363		227
Total impaired loans	$	190,744	$	216,938	$	192,752	$	226,841	$	1,552	$	1,069	$	4,507	$	4,110

Schedule Of Impaired Loans And Related Allowance And Charge-Off [Table Text Block]

	Impaired Loans
	September 30, 2014						December 31, 2013
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	19,792	$	18,764	$	-	$	20,992	$	18,905	$	-
Real estate construction loans		37,403		16,133		-		25,401		15,097		-
Commercial mortgage loans		84,274		82,586		-		105,593		78,930		-
Residential mortgage loans and equity lines		2,541		2,541		-		4,892		4,892		-
Subtotal	$	144,010	$	120,024	$	-	$	156,878	$	117,824	$	-
With allocated allowance
Commercial loans	$	8,951	$	6,985	$	2,730	$	22,737	$	13,063	$	2,519
Real estate construction loans		15,377		15,377		2,604		28,475		19,323		3,460
Commercial mortgage loans		33,749		32,973		7,999		39,223		35,613		6,584
Residential mortgage loans and equity lines		13,422		12,988		481		16,535		14,957		721
Subtotal	$	71,499	$	68,323	$	13,814	$	106,970	$	82,956	$	13,284
Total impaired loans	$	215,509	$	188,347	$	13,814	$	263,848	$	200,780	$	13,284

Past Due Financing Receivables [Table Text Block]

	September 30, 2014
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
	(In thousands)
Type of Loans:
Commercial loans	$	8,307	$	3,920	$	662	$	8,851	$	21,740	$	2,428,378	$	2,450,118
Real estate construction loans		-		-		-		25,728		25,728		275,731		301,459
Commercial mortgage loans		171		1,676		-		23,830		25,677		4,388,390		4,414,067
Residential mortgage loans and equity lines		408		807		-		6,849		8,064		1,680,870		1,688,934
Installment and other loans		168		-		-		-		168		3,508		3,676
Total loans	$	9,054	$	6,403	$	662	$	65,258	$	81,377	$	8,776,877	$	8,858,254

	December 31, 2013
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More 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 and equity lines		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

Schedule Of Troubled Debt Restructurings [Table Text Block]

	Nine months ended September 30, 2014								September 30, 2014
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		6	$	10,773	$	10,773	$	-	$	26
Commercial mortgage loans		3		11,818		11,818		-		564
Residential mortgage loans and equity lines		5		2,226		2,226		-		16
Total		14	$	24,817	$	24,817	$	-	$	606

	Nine months ended September 30, 2013								September 30, 2013
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		9		11,705		10,516	$	1,189	$	71
Commercial mortgage loans		3		7,474		7,474		-		191
Residential mortgage loans and equity lines		11		3,736		3,658		78		125
Total		23	$	22,915	$	21,648	$	1,267	$	387

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	September 30, 2014
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	13,006	$	1,558	$	-	$	2,333	$	16,897
Real estate construction loans		-		-		-		5,782		5,782
Commercial mortgage loans		19,116		8,317		-		64,296		91,729
Residential mortgage loans		3,557		1,013		216		3,895		8,681
Total accruing TDRs	$	35,679	$	10,888	$	216	$	76,306	$	123,089

	December 31, 2013
Accruing TDRs	Principal Deferral		Rate Reduction		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

Non Accrual Troubled Debt Restructurings [Table Text Block]

	September 30, 2014
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	-	$	2,186	$	1,225	$	243	$	3,654
Real estate construction loans		-		15,377		-		8,851		24,228
Commercial mortgage loans		226		3,159		-		1,369		4,754
Residential mortgage loans		213		-		-		1,313		1,526
Total non-accrual TDRs	$	439	$	20,722	$	1,225	$	11,776	$	34,162

	December 31, 2013
Non-accrual TDRs	Interest Deferral		Principal Deferral		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

Activity Within The Troubled Debt Resturings [Table Text Block]

	Three months ended September 30,						Nine months ended September 30,
Accruing TDRs	2014			2013			2014			2013
	(In thousands)
Beginning balance	$	111,136		$	115,464		$	117,597		$	144,695
New restructurings		14,900			10,669			22,997			15,485
Restructured loans restored to accrual status		660			5,397			1,622			6,851
Charge-offs		-			-			-			(78	)
Payments		(3,607	)		(15,274	)		(11,897	)		(48,663	)
Restructured loans placed on nonaccrual		-			(316	)		(7,230	)		(2,350	)
Ending balance	$	123,089		$	115,940		$	123,089		$	115,940

	Three months ended September 30,						Nine months ended September 30,
Non-accrual TDRs	2014			2013			2014			2013
	(In thousands)
Beginning balance	$	43,605		$	48,524		$	38,769		$	47,731
New restructurings		34			2,415			1,820			6,163
Restructured loans placed on nonaccrual		-			316			7,230			2,350
Charge-offs		(234	)		(1,188	)		(833	)		(2,121	)
Payments		(8,583	)		(1,062	)		(11,202	)		(3,664	)
Restructured loans restored to accrual status		(660	)		(5,397	)		(1,622	)		(6,851	)
Ending balance	$	34,162		$	43,608		$	34,162		$	43,608

Financing Receivable Credit Quality Indicators [Table Text Block]

	September 30, 2014
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
		(In thousands)
Commercial loans	$	2,283,837	$	82,731	$	80,180	$	3,370	$	2,450,118
Real estate construction loans		267,760		-		32,199		1,500		301,459
Commercial mortgage loans		4,124,943		112,825		176,299		-		4,414,067
Residential mortgage loans and equity lines		1,679,920		-		9,014		-		1,688,934
Installment and other loans		3,676		-		-		-		3,676
Total gross loans	$	8,360,136	$	195,556	$	297,692	$	4,870	$	8,858,254

	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 loans 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

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

	Commercial			Real Estate Construction		Commercial Mortgage			Residential Mortgage Loans and			Installment and Other
	Loans			Loans		Loans			Equity Lines			Loans			Total
	(In thousands)
June 30, 2014 Ending Balance	$	63,239		$	9,555	$	83,395		$	12,870		$	18			169,077
Provision/(credit) for possible credit losses		(10,839	)		25,116		(17,950	)		(1,427	)		(1	)		(5,101	)
Charge-offs		(252	)		-		(903	)		-			-			(1,155	)
Recoveries		4,148			32		2,197			-			-			6,377
Net (charge-offs)/recoveries		3,896			32		1,294			-			-			5,222
September 30, 2014 Ending Balance	$	56,296		$	34,703	$	66,739		$	11,443		$	17		$	169,198
June 30, 2013 Ending Balance	$	64,379		$	13,755	$	89,678		$	11,892		$	29		$	179,733
Provision/(credit) for possible credit losses		2,121			1,660		(5,710	)		52			6			(1,871	)
Charge-offs		(200	)		-		(394	)		(160	)		-			(754	)
Recoveries		436			1,236		2,514			158			-			4,344
Net (charge-offs)/recoveries		236			1,236		2,120			(2	)		-			3,590
September 30, 2013 Ending Balance	$	66,736		$	16,651	$	86,088		$	11,942		$	35		$	181,452

	Commercial			Real Estate Construction			Commercial Mortgage			Residential Mortgage Loans and			Installment and Other
	Loans			Loans			Loans			Equity Lines			Loans			Total
	(In thousands)
2014 Beginning Balance	$	65,103		$	11,999		$	84,753		$	12,005		$	29		$	173,889
Provision/(credit) for possible credit losses		(12,067	)		24,460			(20,991	)		(562	)		(12	)		(9,172	)
Charge-offs		(7,592	)		(1,813	)		(3,327	)		-			-			(12,732	)
Recoveries		10,852			57			6,304			-			-			17,213
Net (charge-offs)/recoveries		3,260			(1,756	)		2,977			-			-			4,481
September 30, 2014 Ending Balance	$	56,296		$	34,703		$	66,739		$	11,443		$	17		$	169,198
Reserve for impaired loans	$	2,730		$	2,604		$	7,999		$	481		$	-		$	13,814
Reserve for non-impaired loans	$	53,566		$	32,099		$	58,740		$	10,962		$	17		$	155,384
Reserve for off-balance sheet credit commitments	$	901		$	668		$	410		$	39		$	-		$	2,018
2013 Beginning Balance	$	66,101		$	23,017		$	82,473		$	11,703		$	28		$	183,322
Provision/(credit) for possible credit losses		3,200			(8,622	)		935			780			(4	)		(3,711	)
Charge-offs		(4,580	)		-			(3,425	)		(766	)		-			(8,771	)
Recoveries		2,015			2,256			6,105			225			11			10,612
Net (charge-offs)/recoveries		(2,565	)		2,256			2,680			(541	)		11			1,841
September 30, 2013 Ending Balance	$	66,736		$	16,651		$	86,088		$	11,942		$	35		$	181,452
Reserve for impaired loans	$	10,849		$	5,691		$	6,129		$	693		$	-		$	23,362
Reserve for non-impaired loans	$	55,887		$	10,960		$	79,959		$	11,249		$	35		$	158,090
Reserve for off-balance sheet credit commitments	$	953		$	287		$	799		$	34		$	1		$	2,074

Impairment Method [Member]

Note 7 - Loans (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

	Commercial		Real Estate Construction		Commercial Mortgage		Residential Mortgage Loans and		Installment and
	Loans		Loans		Loans		Equity Lines		Other Loans		Total
	(In thousands)
September 30, 2014
Loans individually evaluated for impairment
Allowance	$	2,730	$	2,604	$	7,999	$	481	$	-	$	13,814
Balance	$	25,749	$	31,510	$	115,559	$	15,529	$	-	$	188,347
Loans collectively evaluated for impairment
Allowance	$	53,566	$	32,099	$	58,740	$	10,962	$	17	$	155,384
Balance	$	2,424,369	$	269,949	$	4,298,508	$	1,673,405	$	3,676	$	8,669,907
Total allowance	$	56,296	$	34,703	$	66,739	$	11,443	$	17	$	169,198
Total balance	$	2,450,118	$	301,459	$	4,414,067	$	1,688,934	$	3,676	$	8,858,254
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