Note 7 - Loans (Tables)

3 Months Ended

Mar. 31, 2015

Note 7 - Loans (Tables) [Line Items]

Schedule of Components of Loans in Consolidated Balance Sheets [Table Text Block]

	March 31, 2015			December 31, 2014
	(In thousands)
Type of Loans:
Commercial loans	$	2,434,550		$	2,382,493
Residential mortgage loans		1,600,269			1,570,059
Commercial mortgage loans		4,663,051			4,486,443
Equity lines		175,997			172,879
Real estate construction loans		345,560			298,654
Installment and other loans		5,370			3,552
Gross loans		9,224,797			8,914,080
Less:
Allowance for loan losses		(156,089	)		(161,420	)
Unamortized deferred loan fees		(11,116	)		(12,392	)
Total loans, net	$	9,057,592		$	8,740,268
Loans held for sale	$	-		$	973

Impaired Financing Receivables [Table Text Block]

	Impaired Loans
	Average Recorded Investment				Interest Income Recognized
	Three months ended				Three months ended
	March 31,				March 31,
	2015		2014		2015		2014
	(In thousands)
Commercial loans	$	25,426	$	30,844	$	229	$	226
Real estate construction loans		22,990		34,060		65		65
Commercial mortgage loans		110,293		111,305		917		1,134
Residential mortgage loans and equity lines		17,280		19,156		124		95
Total impaired loans	$	175,989	$	195,365	$	1,335	$	1,520

Schedule of Impaired Loans and Related Allowance and Charge-off [Table Text Block]

	Impaired Loans
	March 31, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	14,176	$	13,148	$	-	$	19,479	$	18,452	$	-
Real estate construction loans		49,076		22,874		-		32,924		17,025		-
Commercial mortgage loans		93,468		85,142		-		77,474		75,172		-
Residential mortgage loans and equity lines		2,496		2,496		-		2,518		2,518		-
Subtotal	$	159,216	$	123,660	$	-	$	132,395	$	113,167	$	-
With allocated allowance
Commercial loans	$	15,677	$	15,660	$	3,911	$	7,003	$	5,037	$	1,263
Real estate construction loans		-		-		-		19,006		8,703		1,077
Commercial mortgage loans		27,529		26,581		6,635		38,197		34,022		8,993
Residential mortgage loans and equity lines		15,393		14,816		498		14,019		13,590		465
Subtotal	$	58,599	$	57,057	$	11,044	$	78,225	$	61,352	$	11,798
Total impaired loans	$	217,815	$	180,717	$	11,044	$	210,620	$	174,519	$	11,798

Past Due Financing Receivables [Table Text Block]

	March 31, 2015
	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
Type of Loans:	(In thousands)
Commercial loans	$	3,530	$	50	$	787	$	12,086	$	16,453	$	2,418,097	$	2,434,550
Real estate construction loans		-		-		-		17,126		17,126		328,434		345,560
Commercial mortgage loans		22,041		1,738		-		43,079		66,858		4,596,193		4,663,051
Residential mortgage loans and equity lines		2,175		-		-		8,033		10,208		1,766,058		1,776,266
Installment and other loans		-		-		-		-		-		5,370		5,370
Total loans	$	27,746	$	1,788	$	787	$	80,324	$	110,645	$	9,114,152	$	9,224,797

	December 31, 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
Type of Loans:	(In thousands)
Commercial loans	$	11,595	$	1,238	$	-	$	6,983	$	19,816	$	2,362,677	$	2,382,493
Real estate construction loans		1,416		-		-		19,963		21,379		277,275		298,654
Commercial mortgage loans		17,654		3,909		-		35,606		57,169		4,429,274		4,486,443
Residential mortgage loans and equity lines		5,634		732		-		7,611		13,977		1,728,961		1,742,938
Installment and other loans		60		-		-		-		60		3,492		3,552
Total loans	$	36,359	$	5,879	$	-	$	70,163	$	112,401	$	8,801,679	$	8,914,080

Schedule of Troubled Debt Restructurings [Table Text Block]

	Three months ended March 31, 2015								March 31, 2015
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		1	$	850	$	850	$	-	$	-
Commercial mortgage loans		3		8,613		8,613		-		-
Residential mortgage loans and equity lines		4		1,522		1,374		148		46
Total		8	$	10,985	$	10,837	$	148	$	46

	Three months ended March 31, 2014								March 31, 2014
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		2		8,243		8,243	$	-	$	1,035
Residential mortgage loans and equity lines		2		671		671		-		36
Total		4	$	8,914	$	8,914	$	-	$	1,071

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	March 31, 2015
Accruing TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	13,108	$	1,520	$	2,094	$	16,722
Commercial mortgage loans		17,430		6,101		50,861		74,392
Residential mortgage loans		5,233		1,008		3,038		9,279
Total accruing TDRs	$	35,771	$	8,629	$	55,993	$	100,393

	December 31, 2014
Accruing TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
Commercial loans	$	11,572	$	-	$	-	$	4,934	$	16,506
Real estate construction loans		5,765		-		-		-		5,765
Commercial mortgage loans		20,543		26,694		-		26,351		73,588
Residential mortgage loans		3,316		-		410		4,771		8,497
Total accruing TDRs	$	41,196	$	26,694	$	410	$	36,056	$	104,356

Non Accrual Troubled Debt Restructurings [Table Text Block]

	March 31, 2015
Non-accrual TDRs	Payment Deferral		Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	2,323	$	1,144	$	-	$	3,467
Commercial mortgage loans		12,344		-		26,834		39,178
Residential mortgage loans		622		-		1,274		1,896
Total non-accrual TDRs	$	15,289	$	1,144	$	28,108	$	44,541

	December 31, 2014
Non-accrual TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	1,423	$	860	$	1,269	$	3,552
Real estate construction loans		-		-		19,462		19,462
Commercial mortgage loans		15,917		-		973		16,890
Residential mortgage loans		1,026		-		688		1,714
Total non-accrual TDRs	$	18,366	$	860	$	22,392	$	41,618

Activity Within the Troubled Debt Resturings [Table Text Block]

	Three months ended March 31,
Accruing TDRs	2015			2014
	(In thousands)
Beginning balance	$	104,356		$	117,597
New restructurings		10,628			7,375
Restructured loans restored to accrual status		-			962
Charge-offs		(148	)		-
Payments		(4,254	)		(7,012	)
Restructured loans placed on nonaccrual		(10,189	)		-
Ending balance	$	100,393		$	118,922

	Three months ended March 31,
Non-accrual TDRs	2015			2014
	(In thousands)
Beginning balance	$	41,618		$	38,769
New restructurings		209			1,539
Restructured loans placed on nonaccrual		10,189			-
Charge-offs		(2,754	)		(4	)
Payments		(4,721	)		(1,545	)
Restructured loans restored to accrual status		-			(962	)
Ending balance	$	44,541		$	37,797

Financing Receivable Credit Quality Indicators [Table Text Block]

	March 31, 2015
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
Commercial loans	$	2,314,983	$	50,083	$	67,662	$	1,822	$	2,434,550
Real estate construction loans		328,434		-		16,626		500		345,560
Commercial mortgage loans		4,375,229		123,384		154,848		9,590		4,663,051
Residential mortgage loans and equity lines		1,765,727		304		10,235		-		1,776,266
Installment and other loans		5,370		-		-		-		5,370
Total gross loans	$	8,789,743	$	173,771	$	249,371	$	11,912	$	9,224,797

	December 31, 2014
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
Commercial loans	$	2,260,474	$	47,619	$	72,561	$	1,839	$	2,382,493
Real estate construction loans		272,927		-		25,227		500		298,654
Commercial mortgage loans		4,213,453		105,970		167,020		-		4,486,443
Residential mortgage loans and equity lines		1,733,248		-		9,690		-		1,742,938
Installment and other loans		3,552		-		-		-		3,552
Total gross loans	$	8,483,654	$	153,589	$	274,498	$	2,339	$	8,914,080
Loans held for sale	$	-	$	-	$	973	$	-	$	973

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

				Real Estate			Commercial			Residential			Installment
	Commercial			Construction			Mortgage			Mortgage Loans			and Other
	Loans			Loans			Loans			and Equity Lines			Loans			Total
	(In thousands)
2015 Beginning Balance	$	47,501		$	27,652		$	74,673		$	11,578		$	16		$	161,420
Provision/(credit) for possible credit losses		793			(4,427	)		(1,697	)		328			3			(5,000	)
Charge-offs		(864	)		-			(3,452	)		(148	)		-			(4,464	)
Recoveries		2,275			45			1,794			19			-			4,133
Net (charge-offs)/recoveries		1,411			45			(1,658	)		(129	)		-			(331	)
March 31, 2015 Ending Balance	$	49,705		$	23,270		$	71,318		$	11,777		$	19		$	156,089
Reserve for impaired loans	$	3,911		$	-		$	6,635		$	498		$	-		$	11,044
Reserve for non-impaired loans	$	45,794		$	23,270		$	64,683		$	11,279		$	19		$	145,045
Reserve for off-balance sheet credit commitments	$	903		$	527		$	181		$	40		$	1		$	1,652
2014 Beginning Balance	$	65,103		$	11,999		$	84,753		$	12,005		$	29		$	173,889
Provision/(credit) for possible credit losses		4,888			(1,398	)		(4,306	)		447			(2	)		(371	)
Charge-offs		(7,226	)		-			(1,698	)		(78	)		-			(9,002	)
Recoveries		2,017			25			2,577			3			-			4,622
Net (charge-offs)/recoveries		(5,209	)		25			879			(75	)		-			(4,380	)
March 31, 2014 Ending Balance	$	64,782		$	10,626		$	81,326		$	12,377		$	27		$	169,138
Reserve for impaired loans	$	4,663		$	3,129		$	6,165		$	538		$	-		$	14,495
Reserve for non-impaired loans	$	60,119		$	7,497		$	75,161		$	11,839		$	27		$	154,643
Reserve for off-balance sheet credit commitments	$	929		$	326		$	445		$	33		$	1		$	1,734

Impairment Method [Member]

Note 7 - Loans (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

			Real Estate		Commercial		Residential
	Commercial		Construction		Mortgage		Mortgage Loans		Installment and
	Loans		Loans		Loans		and Equity Lines		Other Loans		Total
	(In thousands)
March 31, 2015
Loans individually evaluated for impairment
Allowance	$	3,911	$	-	$	6,635	$	498	$	-	$	11,044
Balance	$	28,808	$	22,873	$	111,724	$	17,312	$	-	$	180,717
Loans collectively evaluated for impairment
Allowance	$	45,794	$	23,270	$	64,683	$	11,279	$	19	$	145,045
Balance	$	2,405,742	$	322,687	$	4,551,327	$	1,758,954	$	5,370	$	9,044,080
Total allowance	$	49,705	$	23,270	$	71,318	$	11,777	$	19	$	156,089
Total balance	$	2,434,550	$	345,560	$	4,663,051	$	1,776,266	$	5,370	$	9,224,797
December 31, 2014
Loans individually evaluated for impairment
Allowance	$	1,263	$	1,077	$	8,993	$	465	$	-	$	11,798
Balance	$	23,489	$	25,728	$	109,194	$	16,108	$	-	$	174,519
Loans collectively evaluated for impairment
Allowance	$	46,238	$	26,575	$	65,680	$	11,113	$	16	$	149,622
Balance	$	2,359,004	$	272,926	$	4,377,249	$	1,726,830	$	3,552	$	8,739,561
Total allowance	$	47,501	$	27,652	$	74,673	$	11,578	$	16	$	161,420
Total balance	$	2,382,493	$	298,654	$	4,486,443	$	1,742,938	$	3,552	$	8,914,080