Note 16 - Stockholders' Equity

3 Months Ended

Mar. 31, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

16.Stockholders’ Equity

Total equity was $1.63 billion at March 31, 2015, an increase of $31.4 million, or 2.0%, from $1.60 billion at December 31, 2014, primarily due to increases in net income of $36.0 million and increases in other comprehensive income of $4.9 million offset by common stock cash dividends of $8.0 million.

Activity in accumulated other comprehensive income, net of tax, and reclassification out of accumulated other comprehensive income for the three months ended March 31, 2015, and March 31, 2014, was as follows:

	Three months ended March 31, 2015									Three months ended March 31, 2014
	Pre-tax			Tax expense/ (benefit)			Net-of-tax			Pre-tax			Tax expense/ (benefit)			Net-of-tax
Beginning balance, loss, net of tax	(In thousands)
Securities available-for sale							$	(3,172	)							$	(29,729	)
Cash flow hedge derivatives								(2,397	)								-
Total							$	(5,569	)							$	(29,729	)
Net unrealized gains/(losses) arising during the period
Securities available-for sale	$	11,213		$	4,714		$	6,499		$	19,141		$	8,047		$	11,094
Cash flow hedge derivatives		(2,740	)		(1,152	)		(1,588	)		-			-			-
Total		8,473			3,562			4,911			19,141			8,047		$	11,094
Reclassification adjustment for net losses/(gains) in net income
Securities available-for sale		21			9			12			(5,961	)		(2,506	)		(3,455	)
Cash flow hedge derivatives		-			-			-			-			-			-
Total		21			9			12			(5,961	)		(2,506	)		(3,455	)
Total other comprehensive income/(loss)
Securities available-for sale		11,234			4,723			6,511			13,180			5,541			7,639
Cash flow hedge derivatives		(2,740	)		(1,152	)		(1,588	)		-			-			-
Total	$	8,494		$	3,571		$	4,923		$	13,180		$	5,541		$	7,639
Ending balance, income/(loss), net of tax
Securities available-for sale							$	3,339								$	(22,090	)
Cash flow hedge derivatives								(3,985	)								-
Total							$	(646	)							$	(22,090	)