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Note 7 - Loans (Tables)
6 Months Ended
Jun. 30, 2015
Note 7 - Loans (Tables) [Line Items]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
   

June 30, 2015

   

December 31, 2014

 
   

(In thousands)

 

Type of Loans:

               

Commercial loans

  $ 2,387,450     $ 2,382,493  

Residential mortgage loans

    1,713,312       1,570,059  

Commercial mortgage loans

    4,849,381       4,486,443  

Equity lines

    176,067       172,879  

Real estate construction loans

    370,828       298,654  

Installment and other loans

    4,970       3,552  

Gross loans

  $ 9,502,008     $ 8,914,080  

Less:

               

Allowance for loan losses

    (153,437 )     (161,420 )

Unamortized deferred loan fees

    (10,207 )     (12,392 )

Total loans, net

  $ 9,338,364     $ 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

   

Six months ended

   

Three months ended

   

Six months ended

 
   

June 30,

   

June 30,

   

June 30,

   

June 30,

 
   

2015

   

2014

   

2015

   

2014

   

2015

   

2014

   

2015

   

2014

 
    (In thousands)  

Commercial loans

  $ 25,620     $ 27,773     $ 25,523     $ 29,300     $ 201     $ 194     $ 412     $ 420  

Real estate construction loans

    20,790       33,049       21,884       33,552       65       66       130       132  

Commercial mortgage loans

    105,815       112,982       108,042       112,148       793       995       1,574       2,014  

Residential mortgage loans and equity lines

    17,025       18,392       17,152       18,772       120       93       240       192  

Total impaired loans

  $ 169,250     $ 192,196     $ 172,601     $ 193,772     $ 1,179     $ 1,348     $ 2,356     $ 2,758  
Schedule of Impaired Loans and Related Allowance and Charge-off [Table Text Block]
   

Impaired Loans

 
   

June 30, 2015

   

December 31, 2014

 
   

Unpaid

Principal

Balance

   

Recorded

Investment

   

Allowance

   

Unpaid

Principal

Balance

   

Recorded

Investment

   

Allowance

 
   

(In thousands)

 

With no allocated allowance

                                               

Commercial loans

  $ 17,657     $ 14,055     $ -     $ 19,479     $ 18,452     $ -  

Real estate construction loans

    48,790       22,586       -       32,924       17,025       -  

Commercial mortgage loans

    81,845       76,053       -       77,474       75,172       -  

Residential mortgage loans and equity lines

    2,473       2,473       -       2,518       2,518       -  

Subtotal

  $ 150,765     $ 115,167     $ -     $ 132,395     $ 113,167     $ -  

With allocated allowance

                                               

Commercial loans

  $ 9,910     $ 9,661     $ 966     $ 7,003     $ 5,037     $ 1,263  

Real estate construction loans

    -       -       -       19,006       8,703       1,077  

Commercial mortgage loans

    28,332       26,822       6,554       38,197       34,022       8,993  

Residential mortgage loans and equity lines

    14,958       14,414       464       14,019       13,590       465  

Subtotal

  $ 53,200     $ 50,897     $ 7,984     $ 78,225     $ 61,352     $ 11,798  

Total impaired loans

  $ 203,965     $ 166,064     $ 7,984     $ 210,620     $ 174,519     $ 11,798  
Past Due Financing Receivables [Table Text Block]
   

June 30, 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

 
   

(In thousands)

 
Type of Loans:      

Commercial loans

  $ 17,641     $ 2,138     $ -     $ 7,878     $ 27,657     $ 2,359,793     $ 2,387,450  

Real estate construction loans

    -       -       -       16,856       16,856       353,972       370,828  

Commercial mortgage loans

    4,132       3,151       -       33,271       40,554       4,808,827       4,849,381  

Residential mortgage loans and equity lines

    -       234       -       8,047       8,281       1,881,098       1,889,379  

Installment and other loans

    -       -       -       -       -       4,970       4,970  

Total loans

  $ 21,773     $ 5,523     $ -     $ 66,052     $ 93,348     $ 9,408,660     $ 9,502,008  
   

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

 
   

(In thousands)

 
Type of Loans:      

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]
   

Six months ended June 30, 2015

   

June 30, 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

    4       14,411       14,411       -       40  

Residential mortgage loans and equity lines

    4       1,522       1,374       148       43  

Total

    9     $ 16,783     $ 16,635     $ 148     $ 83  
   

Six months ended June 30, 2014

   

June 30, 2014

 
   

No. of Contracts

   

Pre-Modification Outstanding Recorded Investment

   

Post-Modification Outstanding Recorded Investment

   

Charge-offs

   

Specific Reserve

 
   

(Dollars in thousands)

 

Commercial loans

    3       8,490       8,490     $ -     $ 20  

Residential mortgage loans and equity lines

    3       1,393       1,393       -       32  

Total

    6     $ 9,883     $ 9,883     $ -     $ 52  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
    June 30, 2015  
                         

Accruing TDRs

 

Payment Deferral

   

Rate Reduction

   

Rate Reduction and Payment Deferral

   

Total

 
    (In thousands)  

Commercial loans

  $ 12,386     $ 1,496     $ 1,957     $ 15,839  

Real estate construction loans

    -       -       5,730       5,730  

Commercial mortgage loans

    29,465       6,082       34,055       69,602  

Residential mortgage loans

    5,088       1,005       2,747       8,840  

Total accruing TDRs

  $ 46,939     $ 8,583     $ 44,489     $ 100,011  
   

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]
    June 30, 2015  
                   

Non-accrual TDRs

 

Payment Deferral

   

Rate Reduction

and Payment

Deferral

   

Total

 
    (In thousands)  

Commercial loans

  $ 2,272     $ -     $ 2,272  

Real estate construction loans

    10,366       5,990       16,356  

Commercial mortgage loans

    1,566       20,540       22,106  

Residential mortgage loans

    611       1,250       1,861  

Total non-accrual TDRs

  $ 14,815     $ 27,780     $ 42,595  
    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 June 30,     Six months ended June 30,  

Accruing TDRs

 

2015

   

2014

   

2015

   

2014

 
   

(In thousands)

 

Beginning balance

  $ 100,393     $ 118,922     $ 104,356     $ 117,597  

New restructurings

    5,798       722       16,426       8,097  

Restructured loans restored to accrual status

    -       -       -       962  

Charge-offs

    -       -       (148 )     -  

Payments

    (6,180 )     (1,278 )     (10,434 )     (8,290 )

Restructured loans placed on nonaccrual

    -       (7,230 )     (10,189 )     (7,230 )

Ending balance

  $ 100,011     $ 111,136     $ 100,011     $ 111,136  
   

Three months ended June 30,

   

Six months ended June 30,

 

Non-accrual TDRs

 

2015

   

2014

   

2015

   

2014

 
   

(In thousands)

 

Beginning balance

  $ 44,541     $ 37,797     $ 41,618     $ 38,769  

New restructurings

    -       247       209       1,786  

Restructured loans placed on nonaccrual

    -       7,230       10,189       7,230  

Charge-offs

    (489 )     (595 )     (3,243 )     (599 )

Payments

    (1,457 )     (1,074 )     (6,178 )     (2,619 )

Restructured loans restored to accrual status

    -       -       -       (962 )

Ending balance

  $ 42,595     $ 43,605     $ 42,595     $ 43,605  
Financing Receivable Credit Quality Indicators [Table Text Block]
   

June 30, 2015

 
   

Pass/Watch

   

Special Mention

   

Substandard

   

Doubtful

   

Total

 
    (In thousands)  

Commercial loans

  $ 2,251,083     $ 64,655     $ 70,240     $ 1,472     $ 2,387,450  

Real estate construction loans

    348,242       -       22,086       500       370,828  

Commercial mortgage loans

    4,580,231       114,663       144,897       9,590       4,849,381  

Residential mortgage loans and equity lines

    1,879,108       -       10,271       -       1,889,379  

Installment and other loans

    4,970       -       -       -       4,970  

Total gross loans

  $ 9,063,634     $ 179,318     $ 247,494     $ 11,562     $ 9,502,008  
   

December 31, 2014

 
   

Pass/Watch

   

Special Mention

   

Substandard

   

Doubtful

   

Total

 
    (In thousands)  

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]

Three months ended June 30, 2015 and 2014

                                 
           

Real Estate

   

Commercial

   

Residential

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

Mortgage Loans

   

and Other

         
   

Loans

   

Loans

   

Loans

   

and Equity Lines

   

Loans

   

Total

 
   

(In thousands)

 

March 31, 2015 Ending Balance

  $ 49,705     $ 23,270     $ 71,318     $ 11,777     $ 19       156,089  

Provision/(credit) for possible credit losses

    184       2,982       (5,880 )     559       5       (2,150 )

Charge-offs

    (2,580 )     -       (65 )     (13 )     -       (2,658 )

Recoveries

    231       52       1,872       -       1       2,156  

Net (charge-offs)/recoveries

    (2,349 )     52       1,807       (13 )     1       (502 )

June 30, 2015 Ending Balance

  $ 47,540     $ 26,304     $ 67,245     $ 12,323     $ 25     $ 153,437  
                                                 

March 31, 2014 Ending Balance

  $ 64,782     $ 10,626     $ 81,326     $ 12,377     $ 27     $ 169,138  

Provision/(credit) for possible credit losses

    (6,111 )     742       1,185       493       (9 )     (3,700 )

Charge-offs

    (114 )     (1,813 )     (648 )     -       -       (2,575 )

Recoveries

    4,682       -       1,532       -       -       6,214  

Net (charge-offs)/recoveries

    4,568       (1,813 )     884       -       -       3,639  

June 30, 2014 Ending Balance

  $ 63,239     $ 9,555     $ 83,395     $ 12,870     $ 18     $ 169,077  

Six months ended June 30, 2015 and 2014

                                               
           

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

    1,005       (1,470 )     (7,580 )     886       9       (7,150 )
                                                 

Charge-offs

    (3,444 )     -       (3,516 )     (161 )     -       (7,121 )

Recoveries

    2,478       122       3,668       20       -       6,288  

Net (charge-offs)/recoveries

    (966 )     122       152       (141 )     -       (833 )
                                                 

June 30, 2015 Ending Balance

  $ 47,540     $ 26,304     $ 67,245     $ 12,323     $ 25     $ 153,437  

Reserve for impaired loans

  $ 966     $ -     $ 6,554     $ 464     $ -     $ 7,984  

Reserve for non-impaired loans

  $ 46,574     $ 26,304     $ 60,691     $ 11,859     $ 25     $ 145,453  

Reserve for off-balance sheet credit commitments

  $ -     $ -     $ -     $ -     $ -     $ -  
                                                 

2014 Beginning Balance

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

Provision/(credit) for possible credit losses

    (1,228 )     (656 )     (3,041 )     865       (11 )     (4,071 )
                                                 

Charge-offs

    (7,340 )     (1,813 )     (2,424 )     -       -       (11,577 )

Recoveries

    6,704       25       4,107       -       -       10,836  

Net (charge-offs)/recoveries

    (636 )     (1,788 )     1,683       -       -       (741 )
                                                 

June 30, 2014 Ending Balance

  $ 63,239     $ 9,555     $ 83,395     $ 12,870     $ 18     $ 169,077  

Reserve for impaired loans

  $ 2,717     $ 143     $ 6,230     $ 519     $ -     $ 9,609  

Reserve for non-impaired loans

  $ 60,522     $ 9,412     $ 77,165     $ 12,351     $ 18     $ 159,468  

Reserve for off-balance sheet credit commitments

  $ 1,014     $ 391     $ 401     $ 36     $ 2     $ 1,844  
Impairment Method [Member]  
Note 7 - Loans (Tables) [Line Items]  
Impaired Financing Receivables [Table Text Block]
                 

 

   

Residential

                 
          Real Estate     Commercial     Mortgage Loans                
   

Commercial

   

Construction

   

Mortgage

   

and Equity

   

Installment and

         
   

Loans

   

Loans

   

Loans

   

Lines

   

Other Loans

   

Total

 
   

(In thousands)

 

June 30, 2015

                                               

Loans individually evaluated for impairment

                                               

Allowance

  $ 966     $ -     $ 6,554     $ 464     $ -     $ 7,984  

Balance

  $ 23,717     $ 22,586     $ 102,874     $ 16,887     $ -     $ 166,064  
                                                 

Loans collectively evaluated for impairment

                                               

Allowance

  $ 46,574     $ 26,304     $ 60,691     $ 11,859     $ 25     $ 145,453  

Balance

  $ 2,363,733     $ 348,242     $ 4,746,507     $ 1,872,492     $ 4,970     $ 9,335,944  
                                                 

Total allowance

  $ 47,540     $ 26,304     $ 67,245     $ 12,323     $ 25     $ 153,437  

Total balance

  $ 2,387,450     $ 370,828     $ 4,849,381     $ 1,889,379     $ 4,970     $ 9,502,008  
                                                 

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