Note 5 - Loans (Tables)

12 Months Ended

Dec. 31, 2015

Note 5 - Loans (Tables) [Line Items]

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

	As of December 31,
	2015			2014
	(In thousands)
Type of Loans:
Commercial loans	$	2,316,863		$	2,382,493
Real estate construction loans		441,543			298,654
Commercial mortgage loans		5,301,218			4,486,443
Residential mortgage loans		1,932,355			1,570,059
Equity lines		168,980			172,879
Installment and other loans		2,493			3,552
Gross loans		10,163,452			8,914,080
Less:
Allowance for loan losses		(138,963	)		(161,420	)
Unamortized deferred loan fees		(8,262	)		(12,392	)
Total loans and leases, net	$	10,016,227		$	8,740,268
Loans held for sale	$	6,676		$	973

Schedule of Related Party Transactions [Table Text Block]

	December 31,
	2015			2014
	(In thousands)
Balance at beginning of year	$	83,812		$	126,985
Additional loans made		54,975			76,610
Payment received		(47,167	)		(119,783	)
Balance at end of year	$	91,620		$	83,812

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

	Impaired Loans
	As of December 31, 2015						As of December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	15,493	$	6,721	$	-	$	19,479	$	18,452	$	-
Real estate construction loans		51,290		22,002		-		32,924		17,025		-
Commercial mortgage loans		59,954		54,625		-		77,474		75,172		-
Residential mortgage and equity lines		3,233		3,026		-		2,518		2,518		-
Subtotal	$	129,970	$	86,374	$	-	$	132,395	$	113,167	$	-
With allocated allowance
Commercial loans	$	7,757	$	6,847	$	530	$	7,003	$	5,037	$	1,263
Real estate construction loans		-		-		-		19,006		8,703		1,077
Commercial mortgage loans		28,258		27,152		6,792		38,197		34,022		8,993
Residential mortgage and equity lines		14,383		13,437		427		14,019		13,590		465
Subtotal	$	50,398	$	47,436	$	7,749	$	78,225	$	61,352	$	11,798
Total impaired loans	$	180,368	$	133,810	$	7,749	$	210,620	$	174,519	$	11,798

Impaired Financing Receivables [Table Text Block]

	For the year ended December 31,
	2015		2014		2013		2015		2014		2013
	Average Recorded Investment						Interest Income Recognized
	(In thousands)
Commercial loans	$	23,960	$	26,128	$	27,123	$	546	$	878	$	770
Real estate construction loans		22,066		32,439		37,875		261		264		284
Commercial mortgage loans		100,118		114,248		138,121		2,708		3,735		4,256
Residential mortgage and equity lines		16,801		17,411		18,033		482		462		289
Subtotal	$	162,945	$	190,226	$	221,152	$	3,997	$	5,339	$	5,599

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	2015		2014		2013
	(In thousands)
Non-accrual portfolio loans	$	52,130	$	70,163	$	83,183
Non-accrual loans held-for-sale		5,944		973		-
Total non-accrual loans	$	58,074	$	71,136	$	83,183
Contractual interest due	$	5,732	$	6,663	$	5,851
Interest recognized		119		217		22
Net interest foregone	$	5,613	$	6,446	$	5,829

Past Due Financing Receivables [Table Text Block]

	As of December 31, 2015
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
	(In thousands)
Type of Loans:
Commercial loans	$	8,367	$	221	$	-	$	3,545	$	12,133	$	2,304,730	$	2,316,863
Real estate construction loans		7,285		-		-		16,306		23,591		417,952		441,543
Commercial mortgage loans		2,243		2,223		-		25,231		29,697		5,271,521		5,301,218
Residential mortgage loans		4,959		1,038		-		7,048		13,045		2,088,290		2,101,335
Installment and other loans		-		-		-		-				2,493		2,493
Total loans	$	22,854	$	3,482	$	-	$	52,130	$	78,466	$	10,084,986	$	10,163,452

	As of December 31, 2014
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days 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		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]

	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Specific Reserve		Charge-offs
	(Dollars in thousands)
Commercial loans		3	$	1,181	$	1,181	$	2	$	-
Commercial mortgage loans		20		17,204		17,204		708		-
Residential mortgage and equity lines		5		1,521		1,374		42		148
Total		28	$	19,906	$	19,759	$	752	$	148

	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Specific Reserve		Charge-offs
	(Dollars in thousands)
Commercial loans		4	$	10,539	$	10,539	$	21	$	-
Commercial mortgage loans		3		11,817		11,817		5,550		-
Residential mortgage and equity lines		7		2,715		2,715		29		-
Total		14	$	25,071	$	25,071	$	5,600	$	-

	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Specific Reserve		Charge-off
	(Dollars in thousands)
Commercial loans		9	$	12,026	$	10,860	$	550	$	1,166
Commercial mortgage loans		5		13,090		13,090		329		-
Residential mortgage and equity lines		11		3,736		3,658		103		78
Total		25	$	28,852	$	27,608	$	982	$	1,244

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	December 31, 2015
Accruing TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
Commercial loans	$	8,298	$	-	$	1,726	$	10,024
Real estate construction loans		-		-		5,696		5,696
Commercial mortgage loans		16,701		6,045		33,800		56,546
Residential mortgage loans		5,201		999		3,214		9,414
Total accruing TDRs	$	30,200	$	7,044	$	44,436	$	81,680

	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]

	December 31, 2015
Non-accrual TDRs	Payment Deferral		Rate Reduction and Payment Deferral		Total
Commercial loans	$	1,033	$	90	$	1,123
Real estate construction loans		9,981		5,825		15,806
Commercial mortgage loans		1,544		20,362		21,906
Residential mortgage loans		388		700		1,088
Total non-accrual TDRs	$	12,946	$	26,977	$	39,923

	December 31, 2014
Non-accrual TDRs	Payment Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
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]

Accruing TDRs	2015			2014			2013
	(In thousands)
Beginning balance	$	104,356		$	117,597		$	144,695
New restructurings		17,752			23,740			21,382
Restructured loans restored to accrual status		723			962			6,851
Charge-offs		(104	)		-			(78	)
Payments		(30,858	)		(13,256	)		(52,362	)
Restructured loans placed on non-accrual		(10,189	)		(24,687	)		(2,891	)
Ending balance	$	81,680		$	104,356		$	117,597

Non-accrual TDRs	2015			2014			2013
	(In thousands)
Beginning balance	$	41,618		$	38,769		$	47,731
New restructurings		2,006			1,331			6,226
Restructured loans placed on non-accrual		10,189			24,687			2,891
Charge-offs		(3,246	)		(8,937	)		(2,124	)
Payments		(9,921	)		(11,710	)		(4,295	)
Foreclosures		-			(1,560	)		(4,809	)
Restructured loans restored to accrual status		(723	)		(962	)		(6,851	)
Ending balance	$	39,923		$	41,618		$	38,769

Financing Receivable Credit Quality Indicators [Table Text Block]

	As of December 31, 2015
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In Thousands)
Commercial loans	$	2,143,270	$	110,338	$	61,297	$	1,958	$	2,316,863
Real estate construction loans		413,765		5,776		21,502		500		441,543
Commercial mortgage loans		5,018,199		155,553		118,196		9,270		5,301,218
Residential mortgage and equity lines		2,091,434		399		9,502		-		2,101,335
Installment and other loans		2,493		-		-		-		2,493
Total gross loans	$	9,669,161	$	272,066	$	210,497	$	11,728	$	10,163,452
Loans held for sale	$	732	$	-	$	5,944	$	-	$	6,676

	As of 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 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]

	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Lines			Installment and Other Loans			Total
	(In thousands)
2014 Beginning Balance	$	65,103		$	11,999		$	84,753		$	12,005		$	29		$	173,889
Provision/(reversal) for possible loan losses		(22,244	)		19,853			(8,197	)		(558	)		(26	)		(11,172	)
Charge-offs		(7,875	)		(6,747	)		(7,458	)		(155	)		-			(22,235	)
Recoveries		12,517			2,547			5,575			286			13			20,938
Net Recoveries/(Charge-offs		4,642			(4,200	)		(1,883	)		131			13			(1,297	)
2014 Ending Balance	$	47,501		$	27,652		$	74,673		$	11,578		$	16		$	161,420
Reserve to impaired loans	$	1,263		$	1,077		$	8,993		$	465		$	-		$	11,798
Reserve to non-impaired loans	$	46,238		$	26,575		$	65,680		$	11,113		$	16		$	149,622
Reserve for off-balance sheet credit commitments	$	923		$	728		$	259		$	39		$	-		$	1,949
2015 Beginning Balance	$	47,501		$	27,652		$	74,673		$	11,578		$	16		$	161,420
Provision/(reversal) for possible loan losses		20,505			(5,684	)		(26,035	)		(179	)		(7	)		(11,400	)
Charge-offs		(16,426	)		-			(3,716	)		(285	)		-			(20,427	)
Recoveries		4,619			202			4,518			31			-			9,370
Net (Charge-offs)/Recoveries		(11,807	)		202			802			(254	)		-			(11,057	)
2015 Ending Balance	$	56,199		$	22,170		$	49,440		$	11,145		$	9		$	138,963
Reserve to impaired loans	$	530		$	-		$	6,792		$	427		$	-		$	7,749
Reserve to non-impaired loans	$	55,669		$	22,170		$	42,648		$	10,718		$	9		$	131,214
Reserve for off-balance sheet credit commitments	$	810		$	526		$	158		$	-		$	-		$	1,494

Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]

	December 31,
	2015			2014			2013
	(In thousands)
Allowance for Loan Losses
Balance at beginning of year	$	161,420		$	173,889		$	183,322
Reversal for credit losses		(11,400	)		(10,800	)		(3,000	)
Transfers to reserve for off-balance sheet credit commitments		-			(372	)		-
Loans charged off		(20,427	)		(22,235	)		(20,442	)
Recoveries of charged off loans		9,370			20,938			14,009
Balance at end of year	$	138,963		$	161,420		$	173,889
Reserve for Off-balance Sheet Credit Commitments
Balance at beginning of year	$	1,949		$	1,363		$	1,363
(Reversal)/provision for credit losses and transfers		(455	)		586			-
Balance at end of year	$	1,494		$	1,949		$	1,363

Impairment Method [Member]

Note 5 - Loans (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

	Commercial Loans		Real Estate Construction Loans		Commercial Mortgage Loans		Residential Mortgage and Equity Lines		Consumer and Other		Total
	(In thousands)
December 31, 2015
Loans individually evaluated for impairment
Allowance	$	530	$	-	$	6,792	$	427	$	-	$	7,749
Balance	$	13,568	$	22,002	$	81,776	$	16,464	$	-	$	133,810
Loans collectively evaluated for impairment
Allowance	$	55,669	$	22,170	$	42,648	$	10,718	$	9	$	131,214
Balance	$	2,303,295	$	419,541	$	5,219,442	$	2,084,871	$	2,493	$	10,029,642
Total allowance	$	56,199	$	22,170	$	49,440	$	11,145	$	9	$	138,963
Total balance	$	2,316,863	$	441,543	$	5,301,218	$	2,101,335	$	2,493	$	10,163,452
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