Note 8 - Loans (Tables)

9 Months Ended

Sep. 30, 2015

Note 8 - Loans (Tables) [Line Items]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	September 30, 2015			December 31, 2014
	(In thousands)
Type of Loans:
Commercial loans	$	2,362,059		$	2,382,493
Residential mortgage loans		1,816,464			1,570,059
Commercial mortgage loans		5,275,570			4,486,443
Equity lines		174,790			172,879
Real estate construction loans		405,278			298,654
Installment and other loans		5,771			3,552
Gross loans	$	10,039,932		$	8,914,080
Less:
Allowance for loan losses		(150,076	)		(161,420	)
Unamortized deferred loan fees		(9,592	)		(12,392	)
Total loans, net	$	9,880,264		$	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				Nine months ended				Three months ended				Nine months ended
	September 30,				September 30,				September 30,				September 30,
	2015		2014		2015		2014		2015		2014		2015		2014
	(In thousands)
Commercial loans	$	23,894	$	21,706	$	24,974	$	26,741	$	170	$	205	$	519	$	636
Real estate construction loans		22,392		33,276		22,056		33,459		66		66		196		198
Commercial mortgage loans		97,557		119,611		104,508		114,663		777		1,153		2,126		3,310
Residential mortgage loans and equity lines		16,506		16,151		16,934		17,889		139		128		380		363
Total impaired loans	$	160,349	$	190,744	$	168,472	$	192,752	$	1,152	$	1,552	$	3,221	$	4,507

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

	Impaired Loans
	September 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	$	15,425	$	14,397	$	-	$	19,479	$	18,452	$	-
Real estate construction loans		48,495		22,292		-		32,924		17,025		-
Commercial mortgage loans		73,980		68,680		-		77,474		75,172		-
Residential mortgage loans and equity lines		2,450		2,450		-		2,518		2,518		-
Subtotal	$	140,350	$	107,819	$	-	$	132,395	$	113,167	$	-
With allocated allowance
Commercial loans	$	16,629	$	13,233	$	7,561	$	7,003	$	5,037	$	1,263
Real estate construction loans		-		-		-		19,006		8,703		1,077
Commercial mortgage loans		27,526		26,339		6,389		38,197		34,022		8,993
Residential mortgage loans and equity lines		14,210		13,731		373		14,019		13,590		465
Subtotal	$	58,365	$	53,303	$	14,323	$	78,225	$	61,352	$	11,798
Total impaired loans	$	198,715	$	161,122	$	14,323	$	210,620	$	174,519	$	11,798

Past Due Financing Receivables [Table Text Block]

	September 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	$	5,865	$	3,896	$	-	$	14,758	$	24,519	$	2,337,540	$	2,362,059
Real estate construction loans		-		-		-		16,579		16,579		388,699		405,278
Commercial mortgage loans		1,114		241		2,573		33,214		37,142		5,238,428		5,275,570
Residential mortgage loans and equity lines		95		511		-		6,690		7,296		1,983,958		1,991,254
Installment and other loans		-		-		-		-		-		5,771		5,771
Total loans	$	7,074	$	4,648	$	2,573	$	71,241	$	85,536	$	9,954,396	$	10,039,932

	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]

	Nine months ended September 30, 2015								September 30, 2015
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		3	$	1,156	$	1,156	$	-	$	1
Commercial mortgage loans		19		16,329		16,329		-		38
Residential mortgage loans and equity lines		5		1,522		1,374		148		45
Total		27	$	19,007	$	18,859	$	148	$	84

	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

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	September 30, 2015
Accruing TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	11,010	$	-	$	1,862	$	12,872
Real estate construction loans		-		-		5,713		5,713
Commercial mortgage loans		21,700		6,064		34,041		61,805
Residential mortgage loans		5,248		1,001		3,242		9,491
Total accruing TDRs	$	37,958	$	7,065	$	44,858	$	89,881

	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]

	September 30, 2015
Non-accrual TDRs	Payment Deferral		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	2,248	$	90	$	2,338
Real estate construction loans		10,172		5,907		16,079
Commercial mortgage loans		1,555		20,725		22,280
Residential mortgage loans		397		712		1,109
Total non-accrual TDRs	$	14,372	$	27,434	$	41,806

	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 September 30,						Nine months ended September 30,
Accruing TDRs	2015			2014			2015			2014
	(In thousands)
Beginning balance	$	100,011		$	111,136		$	104,355		$	117,597
New restructurings		427			14,900			16,853			22,997
Restructured loans restored to accrual status		723			660			723			1,622
Charge-offs		-			-			(148	)		-
Payments		(11,280	)		(3,607	)		(21,714	)		(11,897	)
Restructured loans placed on nonaccrual		-			-			(10,188	)		(7,230	)
Ending balance	$	89,881		$	123,089		$	89,881		$	123,089

	Three months ended September 30,						Nine months ended September 30,
Non-accrual TDRs	2015			2014			2015			2014
	(In thousands)
Beginning balance	$	42,595		$	43,605		$	41,618		$	38,769
New restructurings		1,796			34			2,006			1,820
Restructured loans placed on nonaccrual		-			-			10,188			7,230
Charge-offs		(3	)		(234	)		(3,246	)		(833	)
Payments		(1,859	)		(8,583	)		(8,037	)		(11,202	)
Restructured loans restored to accrual status		(723	)		(660	)		(723	)		(1,622	)
Ending balance	$	41,806		$	34,162		$	41,806		$	34,162

Financing Receivable Credit Quality Indicators [Table Text Block]

	September 30, 2015
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	2,201,557	$	92,219	$	67,025	$	1,258	$	2,362,059
Real estate construction loans		381,972		1,014		21,792		500		405,278
Commercial mortgage loans		5,015,411		124,350		126,437		9,372		5,275,570
Residential mortgage loans and equity lines		1,981,684		402		9,168		-		1,991,254
Installment and other loans		5,771		-		-		-		5,771
Total gross loans	$	9,586,395	$	217,985	$	224,422	$	11,130	$	10,039,932

	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]

				Real Estate		Commercial			Residential			Installment
	Commercial			Construction		Mortgage			Mortgage Loans			and Other
	Loans			Loans		Loans			and Equity Lines			Loans			Total
	(In thousands)
June 30, 2015 Ending Balance	$	47,540		$	26,304	$	67,245		$	12,323		$	25			153,437
Provision/(credit) for possible credit losses		10,040			121		(11,762	)		353			(2	)		(1,250	)
Charge-offs		(3,310	)		-		(97	)		-			-			(3,407	)
Recoveries		607			41		647			1			-			1,296
Net (charge-offs)/recoveries		(2,703	)		41		550			1			-			(2,111	)
September 30, 2015 Ending Balance	$	54,877		$	26,466	$	56,033		$	12,677		$	23		$	150,076
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 recoveries		3,896			32		1,294			-			-			5,222
September 30, 2014 Ending Balance	$	56,296		$	34,703	$	66,739		$	11,443		$	17		$	169,198

				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		11,045			(1,349	)		(19,342	)		1,239			7			(8,400	)
Charge-offs		(6,754	)		-			(3,613	)		(161	)		-			(10,528	)
Recoveries		3,085			163			4,315			21			-			7,584
Net (charge-offs)/recoveries		(3,669	)		163			702			(140	)		-			(2,944	)
September 30, 2015 Ending Balance	$	54,877		$	26,466		$	56,033		$	12,677		$	23		$	150,076
Reserve for impaired loans	$	7,561		$	-		$	6,389		$	373		$	-		$	14,323
Reserve for non-impaired loans	$	47,316		$	26,466		$	49,604		$	12,304		$	23		$	135,753
Reserve for off-balance sheet credit commitments	$	703		$	477		$	202		$	37		$	1		$	1,420
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

Impairment Method [Member]

Note 8 - 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)
September 30, 2015
Loans individually evaluated for impairment
Allowance	$	7,561	$	-	$	6,389	$	373	$	-	$	14,323
Balance	$	27,630	$	22,292	$	95,019	$	16,180	$	-	$	161,121
Loans collectively evaluated for impairment
Allowance	$	47,316	$	26,466	$	49,644	$	12,304	$	23	$	135,753
Balance	$	2,334,429	$	382,986	$	5,180,551	$	1,975,074	$	5,771	$	9,878,811
Total allowance	$	54,877	$	26,466	$	56,033	$	12,677	$	23	$	150,076
Total balance	$	2,362,059	$	405,278	$	5,275,570	$	1,991,254	$	5,771	$	10,039,932
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