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Covered Assets and FDIC Loss-sharing Asset Covered Loans - Credit Quality Indicators (Tables)
12 Months Ended
Dec. 31, 2013
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, 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