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Allowance for Noncovered Loan and Lease Losses and Unfunded Commitments and Letters of Credit (Tables)
 12 Months Ended
Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]  
Changes in the Allowance for Unfunded Commitments and Letters of Credit
Changes in the allowance for unfunded commitments and letters of credit, a component of other liabilities in the consolidated balance sheet, are summarized as follows:
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(in thousands)
Beginning balance
 
$
1,915

 
$
1,535

 
$
1,165

Net changes in the allowance for unfunded commitments and letters of credit
 
590

 
380

 
370

Ending balance
 
$
2,505

 
$
1,915

 
$
1,535
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, 2013 and 2012:
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
December 31, 2013
 
(in thousands)
Covered loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
48,510

 
$
2,849

 
$
18,291

 
$
—

 
$
—

 
$
69,650

Unsecured
 
2,732

 
396

 
92

 
—

 
—

 
3,220

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
35,066

 
1,842

 
4,734

 
—

 
—

 
41,642

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
10,778

 
198

 
7,589

 
—

 
—

 
18,565

Income property
 
55,985

 
3,950

 
10,657

 
—

 
—

 
70,592

Owner occupied
 
67,653

 
111

 
13,958

 
—

 
—

 
81,722

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
4,674

 
2,739

 
1,936

 
—

 
—

 
9,349

Residential construction
 
3,008

 
—

 
2,424

 
—

 
—

 
5,432

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
3,806

 
—

 
1,709

 
—

 
—

 
5,515

Owner occupied
 
1,074

 
—

 
280

 
—

 
—

 
1,354

Consumer
 
30,722

 
33

 
3,319

 
27

 
—

 
34,101

Total
 
$
264,008

 
$
12,118

 
$
64,989

 
$
27

 
$
—

 
341,142

Less:
 
 
 
 
 
 
 
 
 
 
 
 
Valuation discount resulting from acquisition accounting
 
43,297

Allowance for loan losses
 
20,174

Covered loans, net
 
$
277,671

 
 
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
Noncovered Loans [Member]
  
Financing Receivable, Allowance for Credit Losses [Line Items]  
Changes in the Allowance for Loan and Lease Losses
The following tables show a detailed analysis of the allowance for loan and lease losses for noncovered loans for the years ended December 31, 2013, 2012 and 2011: 
 
 
Beginning
Balance
 
Charge-offs
 
Recoveries
 
Provision (Recovery)
 
Ending
Balance
 
Specific
Reserve
 
General
Allocation
Year ended December 31, 2013
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
27,270

 
$
(4,148
)
 
$
1,512

 
$
6,393

 
$
31,027

 
$
343

 
$
30,684

Unsecured
 
753

 
(794
)
 
932

 
(195
)
 
696

 
35

 
661

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
694

 
(228
)
 
270

 
516

 
1,252

 
138

 
1,114

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
460

 
(20
)
 
169

 
(120
)
 
489

 
—

 
489

Income property
 
11,033

 
(1,405
)
 
489

 
(883
)
 
9,234

 
26

 
9,208

Owner occupied
 
6,362

 
(1,118
)
 
375

 
(2,014
)
 
3,605

 
1,073

 
2,532

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
1,171

 
(32
)
 
2,553

 
(3,082
)
 
610

 
71

 
539

Residential construction
 
635

 
(101
)
 
112

 
176

 
822

 
—

 
822

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
316

 
—

 
—

 
(31
)
 
285

 
—

 
285

Owner occupied
 
102

 
—

 
—

 
(44
)
 
58

 
—

 
58

Consumer
 
2,437

 
(2,242
)
 
552

 
1,800

 
2,547

 
4

 
2,543

Unallocated
 
1,011

 
—

 
—

 
644

 
1,655

 
—

 
1,655

Total
 
$
52,244

 
$
(10,088
)
 
$
6,964

 
$
3,160

 
$
52,280

 
$
1,690

 
$
50,590

 
 
Beginning
Balance
 
Charge-offs
 
Recoveries
 
Provision (Recovery)
 
Ending
Balance
 
Specific
Reserve
 
General
Allocation
Year Ended December 31, 2012
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
24,745

 
$
(10,029
)
 
$
1,354

 
$
11,200

 
$
27,270

 
$
113

 
$
27,157

Unsecured
 
689

 
(144
)
 
194

 
14

 
753

 
92

 
661

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
654

 
(549
)
 
285

 
304

 
694

 
112

 
582

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
488

 
(526
)
 
63

 
435

 
460

 
—

 
460

Income property
 
9,551

 
(4,030
)
 
905

 
4,607

 
11,033

 
1,040

 
9,993

Owner occupied
 
9,606

 
(918
)
 
631

 
(2,957
)
 
6,362

 
38

 
6,324

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
2,331

 
(989
)
 
1,059

 
(1,230
)
 
1,171

 
—

 
1,171

Residential construction
 
864

 
(617
)
 
429

 
(41
)
 
635

 
—

 
635

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
665

 
(93
)
 
66

 
(322
)
 
316

 
—

 
316

Owner occupied
 
35

 
—

 
—

 
67

 
102

 
—

 
102

Consumer
 
2,719

 
(2,534
)
 
1,171

 
1,081

 
2,437

 
—

 
2,437

Unallocated
 
694

 
—

 
—

 
317

 
1,011

 
—

 
1,011

Total
 
$
53,041

 
$
(20,429
)
 
$
6,157

 
$
13,475

 
$
52,244

 
$
1,395

 
$
50,849


 
 
Beginning
Balance
 
Charge-offs
 
Recoveries
 
Provision (Recovery)
 
Ending
Balance
 
Specific
Reserve
 
General
Allocation
Year ended December 31, 2011
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
21,811

 
$
(7,270
)
 
$
1,154

 
$
9,050

 
$
24,745

 
$
954

 
$
23,791

Unsecured
 
738

 
(639
)
 
1,444

 
(854
)
 
689

 
97

 
592

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
1,100

 
(717
)
 
80

 
191

 
654

 
96

 
558

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
634

 
(660
)
 
12

 
502

 
488

 
—

 
488

Income property
 
15,210

 
(1,407
)
 
414

 
(4,666
)
 
9,551

 
63

 
9,488

Owner occupied
 
9,692

 
(1,620
)
 
33

 
1,501

 
9,606

 
185

 
9,421

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
3,769

 
(1,419
)
 
1,978

 
(1,997
)
 
2,331

 
—

 
2,331

Residential construction
 
2,292

 
(1,068
)
 
113

 
(473
)
 
864

 
59

 
805

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
274

 
(2,213
)
 
—

 
2,604

 
665

 
—

 
665

Owner occupied
 
70

 
—

 
—

 
(35
)
 
35

 
—

 
35

Consumer
 
2,120

 
(3,918
)
 
351

 
4,166

 
2,719

 
30

 
2,689

Unallocated
 
3,283

 
—

 
—

 
(2,589
)
 
694

 
—

 
694

Total
 
$
60,993

 
$
(20,931
)
 
$
5,579

 
$
7,400

 
$
53,041

 
$
1,484

 
$
51,557
Financing Receivable Credit Quality Indicators [Table Text Block]
The following is an analysis of the credit quality of our noncovered loan portfolio as of December 31, 2013 and 2012:
 
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
December 31, 2013
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,372,038

 
$
43,309

 
$
68,300

 
$
—

 
$
—

 
$
1,483,647

Unsecured
 
72,226

 
199

 
179

 
—

 
—

 
72,604

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
98,626

 
1,567

 
5,699

 
—

 
—

 
105,892

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
137,850

 
—

 
4,984

 
—

 
—

 
142,834

Income property
 
1,108,033

 
5,473

 
32,926

 
—

 
—

 
1,146,432

Owner occupied
 
748,725

 
—

 
11,884

 
—

 
—

 
760,609

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
7,526

 
—

 
4,144

 
—

 
—

 
11,670

Residential construction
 
36,270

 
2,352

 
3,370

 
—

 
—

 
41,992

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
86,206

 
—

 
315

 
—

 
—

 
86,521

Owner occupied
 
38,916

 
—

 
—

 
—

 
—

 
38,916

Consumer
 
321,348

 
331

 
6,188

 
467

 
—

 
328,334

Total
 
$
4,027,764

 
$
53,231

 
$
137,989

 
$
467

 
$
—

 
4,219,451

Less:
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses
 
52,280

Noncovered loans, net
 
$
4,167,171

 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
December 31, 2012
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,011,722

 
$
29,222

 
$
65,607

 
$
—

 
$
—

 
$
1,106,551

Unsecured
 
44,788

 
26

 
529

 
—

 
—

 
45,343

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
40,346

 
406

 
3,440

 
—

 
—

 
44,192

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
43,401

 
—

 
3,926

 
—

 
—

 
47,327

Income property
 
581,671

 
3,688

 
29,453

 
—

 
—

 
614,812

Owner occupied
 
357,063

 
1,848

 
36,262

 
—

 
—

 
395,173

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
12,741

 
1,351

 
4,404

 
—

 
—

 
18,496

Residential construction
 
28,705

 
1,142

 
1,817

 
—

 
—

 
31,664

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
28,342

 
—

 
—

 
—

 
—

 
28,342

Owner occupied
 
36,211

 
—

 
—

 
—

 
—

 
36,211

Consumer
 
151,049

 
75

 
6,475

 
—

 
—

 
157,599

Total
 
$
2,336,039

 
$
37,758

 
$
151,913

 
$
—

 
$
—

 
2,525,710

Less:
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses
 
52,244

Noncovered loans, net
 
$
2,473,466