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Covered Assets and FDIC Loss-sharing Asset Covered Loans - Credit Quality Indicators (Tables)
12 Months Ended
Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]  
Financing Receivable Credit Quality Indicators [Table Text Block]
The following is an analysis of the credit quality of our covered loan portfolio as of December 31, 2012 and 2011:
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
December 31, 2012
 
(in thousands)
Covered loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
71,621

 
$
1,823

 
$
45,150

 
$

 
$

 
$
118,594

Unsecured
 
4,988

 

 
1,791

 

 

 
6,779

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
44,782

 
1,344

 
11,024

 

 

 
57,150

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
16,336

 

 
10,292

 

 

 
26,628

Income property
 
81,205

 
864

 
23,315

 

 

 
105,384

Owner occupied
 
82,222

 
3,318

 
15,554

 

 

 
101,094

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
4,817

 
3,273

 
5,743

 

 

 
13,833

Residential construction
 
6,050

 

 
5,515

 

 

 
11,565

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
4,419

 

 
7,901

 

 

 
12,320

Owner occupied
 
1,107

 

 
1,824

 

 

 
2,931

Consumer
 
38,973

 
381

 
5,162

 

 

 
44,516

Total
 
$
356,520

 
$
11,003

 
$
133,271

 
$

 
$

 
500,794

Less:
 
 
 
 
 
 
 
 
 
 
 
 
Valuation discount resulting from acquisition accounting
 
79,401

Allowance for loan losses
 
30,056

Covered loans, net
 
$
391,337

 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
December 31, 2011
 
(in thousands)
Covered loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
103,472

 
$
6,239

 
$
73,793

 
$
1,209

 
$
1

 
$
184,714

Unsecured
 
7,608

 
741

 
2,659

 
15

 

 
11,023

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
56,948

 
2,210

 
20,170

 

 

 
79,328

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
21,947

 
1,213

 
21,027

 

 

 
44,187

Income property
 
109,339

 
4,013

 
35,567

 

 

 
148,919

Owner occupied
 
89,555

 
3,673

 
24,974

 

 

 
118,202

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
4,834

 
1,535

 
17,646

 
1,289

 

 
25,304

Residential construction
 
8,264

 
371

 
20,463

 

 

 
29,098

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
2,928

 
2,779

 
13,657

 

 

 
19,364

Owner occupied
 
1,142

 

 
3,155

 

 

 
4,297

Consumer
 
48,067

 
255

 
8,150

 
357

 
48

 
56,877

Total
 
$
454,104

 
$
23,029

 
$
241,261

 
$
2,870

 
$
49

 
721,313

Less:
 
 
 
 
 
 
 
 
 
 
 
 
Valuation discount resulting from acquisition accounting
 
184,440

Allowance for loan losses
 
4,944

Covered loans, net
 
$
531,929