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Noncovered Loans (Tables) (Noncovered Loans [Member])
 3 Months Ended
Mar. 31, 2014
Noncovered Loans [Member]
  
Financing Receivable, Recorded Investment [Line Items]  
Analysis of Loan Portfolio by Major Types of Loans
The following is an analysis of the noncovered loan portfolio by major types of loans (net of unearned income):
 
 
March 31,
2014
 
December 31,
2013
Noncovered loans:
 
(in thousands)
Commercial business
 
$
1,601,676

 
$
1,561,782

Real estate:
 
 
 
 
One-to-four family residential
 
105,141

 
108,317

Commercial and multifamily residential
 
2,113,609

 
2,080,075

Total real estate
 
2,218,750

 
2,188,392

Real estate construction:
 
 
 
 
One-to-four family residential
 
57,310

 
54,155

Commercial and multifamily residential
 
130,809

 
126,390

Total real estate construction
 
188,119

 
180,545

Consumer
 
351,255

 
357,014

Less: Net unearned income
 
(62,724
)
 
(68,282
)
Total noncovered loans, net of unearned income
 
4,297,076

 
4,219,451

Less: Allowance for loan and lease losses
 
(50,442
)
 
(52,280
)
Total noncovered loans, net
 
$
4,246,634

 
$
4,167,171

Loans held for sale
 
$
—

 
$
735
Analysis of nonaccrual loans
The following is an analysis of noncovered, nonaccrual loans as of March 31, 2014 and December 31, 2013:
 
 
March 31, 2014
 
December 31, 2013
 
 
Recorded
Investment
Nonaccrual
Loans
 
Unpaid Principal
Balance
Nonaccrual
Loans
 
Recorded
Investment
Nonaccrual
Loans
 
Unpaid Principal
Balance
Nonaccrual
Loans
Noncovered loans:
 
(in thousands)
Commercial business:
 
 
 
 
 
 
 
 
Secured
 
$
14,255

 
$
20,481

 
$
12,433

 
$
19,186

Unsecured
 
286

 
316

 
176

 
202

Real estate:
 
 
 
 
 
 
 
 
One-to-four family residential
 
2,900

 
5,112

 
2,667

 
4,678

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
Commercial land
 
775

 
1,101

 
442

 
783

Income property
 
5,038

 
6,118

 
4,267

 
5,383

Owner occupied
 
5,237

 
7,397

 
6,334

 
7,486

Real estate construction:
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
Land and acquisition
 
2,494

 
5,469

 
3,246

 
6,601

Residential construction
 
532

 
2,001

 
459

 
1,928

Consumer
 
4,880

 
6,804

 
3,991

 
6,187

Total
 
$
36,397

 
$
54,799

 
$
34,015

 
$
52,434
Past Due Financing Receivables
 The following is an aging of the recorded investment of the noncovered loan portfolio as of March 31, 2014 and December 31, 2013:
 
 
 
Current
Loans
 
30 - 59
Days
Past Due
 
60 - 89
Days
Past Due
 
Greater
than 90
Days Past
Due
 
Total
Past Due
 
Nonaccrual
Loans
 
Total Loans
March 31, 2014
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,502,131

 
$
2,526

 
$
5,448

 
$
—

 
$
7,974

 
$
14,255

 
$
1,524,360

Unsecured
 
71,514

 
247

 
116

 
—

 
363

 
286

 
72,163

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
97,365

 
2,589

 
—

 
—

 
2,589

 
2,900

 
102,854

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
143,854

 
666

 
—

 
—

 
666

 
775

 
145,295

Income property
 
1,175,538

 
5,951

 
455

 
—

 
6,406

 
5,038

 
1,186,982

Owner occupied
 
746,749

 
1,138

 
132

 
—

 
1,270

 
5,237

 
753,256

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
9,922

 
1,164

 
—

 
—

 
1,164

 
2,494

 
13,580

Residential construction
 
42,699

 
102

 
—

 
—

 
102

 
532

 
43,333

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
90,698

 
—

 
—

 
—

 
—

 
—

 
90,698

Owner occupied
 
39,388

 
—

 
—

 
—

 
—

 
—

 
39,388

Consumer
 
319,391

 
772

 
124

 
—

 
896

 
4,880

 
325,167

Total
 
$
4,239,249

 
$
15,155

 
$
6,275

 
$
—

 
$
21,430

 
$
36,397

 
$
4,297,076

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
Loans
 
30 - 59
Days
Past Due
 
60 - 89
Days
Past Due
 
Greater
than 90
Days Past
Due
 
Total
Past Due
 
Nonaccrual
Loans
 
Total Loans
December 31, 2013
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,457,820

 
$
12,713

 
$
681

 
$
—

 
$
13,394

 
$
12,433

 
$
1,483,647

Unsecured
 
72,255

 
156

 
17

 
—

 
173

 
176

 
72,604

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
100,591

 
1,993

 
641

 
—

 
2,634

 
2,667

 
105,892

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
142,034

 
—

 
358

 
—

 
358

 
442

 
142,834

Income property
 
1,138,732

 
144

 
3,289

 
—

 
3,433

 
4,267

 
1,146,432

Owner occupied
 
749,561

 
4,714

 
—

 
—

 
4,714

 
6,334

 
760,609

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
8,225

 
199

 
—

 
—

 
199

 
3,246

 
11,670

Residential construction
 
41,533

 
—

 
—

 
—

 
—

 
459

 
41,992

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
86,521

 
—

 
—

 
—

 
—

 
—

 
86,521

Owner occupied
 
38,916

 
—

 
—

 
—

 
—

 
—

 
38,916

Consumer
 
322,685

 
835

 
823

 
—

 
1,658

 
3,991

 
328,334

Total
 
$
4,158,873

 
$
20,754

 
$
5,809

 
$
—

 
$
26,563

 
$
34,015

 
$
4,219,451
Impaired Financing Receivables
The following is an analysis of impaired loans as of March 31, 2014 and December 31, 2013: 
 
 
Recorded Investment
of Loans
Collectively Measured
for Contingency
Provision
 
Recorded Investment
of Loans
Individually
Measured for
Specific
Impairment
 
Impaired Loans With
Recorded Allowance
 
Impaired Loans Without
Recorded Allowance
 
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
March 31, 2014
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,516,983

 
$
7,377

 
$
3,202

 
$
3,235

 
$
1,521

 
$
4,175

 
$
4,715

Unsecured
 
72,136

 
27

 
27

 
27

 
27

 
—

 
—

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
100,762

 
2,092

 
437

 
476

 
133

 
1,655

 
2,812

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
145,188

 
107

 
—

 
—

 
—

 
107

 
398

Income property
 
1,180,523

 
6,459

 
—

 
—

 
—

 
6,459

 
8,968

Owner occupied
 
743,984

 
9,272

 
593

 
592

 
38

 
8,679

 
13,042

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
12,386

 
1,194

 
113

 
112

 
71

 
1,081

 
1,456

Residential construction
 
43,333

 
—

 
—

 
—

 
—

 
—

 
—

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
90,698

 
—

 
—

 
—

 
—

 
—

 
—

Owner occupied
 
39,388

 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
325,008

 
159

 
21

 
26

 
3

 
138

 
204

Total
 
$
4,270,389

 
$
26,687

 
$
4,393

 
$
4,468

 
$
1,793

 
$
22,294

 
$
31,595

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
Recorded Investment
of Loans
Collectively Measured
for Contingency
Provision
 
Recorded Investment
of Loans
Individually
Measured for
Specific
Impairment
 
Impaired Loans With
Recorded Allowance
 
Impaired Loans Without
Recorded Allowance
 
 
 
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
December 31, 2013
 
(in thousands)
Noncovered loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
$
1,478,560

 
$
5,087

 
$
2,866

 
$
2,885

 
$
343

 
$
2,221

 
$
2,560

Unsecured
 
72,569

 
35

 
35

 
35

 
35

 
—

 
—

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
104,272

 
1,620

 
442

 
479

 
138

 
1,178

 
2,119

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial land
 
142,719

 
115

 
—

 
—

 
—

 
115

 
398

Income property
 
1,140,019

 
6,413

 
918

 
933

 
26

 
5,495

 
7,885

Owner occupied
 
749,601

 
11,008

 
3,802

 
3,817

 
1,073

 
7,206

 
10,464

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
9,726

 
1,944

 
113

 
113

 
71

 
1,831

 
2,587

Residential construction
 
41,992

 
—

 
—

 
—

 
—

 
—

 
—

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
86,521

 
—

 
—

 
—

 
—

 
—

 
—

Owner occupied
 
38,916

 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
328,167

 
167

 
23

 
27

 
4

 
144

 
210

Total
 
$
4,193,062

 
$
26,389

 
$
8,199

 
$
8,289

 
$
1,690

 
$
18,190

 
$
26,223

The following table provides additional information on impaired loans for the three month periods indicated.
 
 
Three Months Ended March 31,
 
 
2014
 
2013
 
 
Average Recorded
Investment
Impaired Loans 
 
Interest Recognized
on
Impaired Loans
 
Average Recorded
Investment
Impaired Loans 
 
Interest Recognized
on
Impaired Loans
Noncovered loans:
 
(in thousands)
Commercial business:
 
 
 
 
 
 
 
 
Secured
 
$
6,232

 
$
17

 
$
4,917

 
$
4

Unsecured
 
31

 
—

 
88

 
1

Real estate:
 
 
 
 
 
 
 
 
One-to-four family residential
 
1,856

 
13

 
1,816

 
4

Commercial & multifamily residential:
 
 
 
 
 
 
 
 
Commercial land
 
111

 
—

 
2,714

 
—

Income property
 
6,436

 
62

 
8,710

 
29

Owner occupied
 
10,140

 
241

 
11,620

 
279

Real estate construction:
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
Land and acquisition
 
1,569

 
1

 
2,700

 
1

Residential construction
 
—

 
—

 
1,051

 
2

Consumer
 
163

 
2

 
127

 
2

Total
 
$
26,538

 
$
336

 
$
33,743

 
$
322
Analysis of loans classified as Troubled Debt Restructurings (“TDR”)
The following is an analysis of loans classified as TDR during the three months ended March 31, 2014 and 2013:
 
 
Three months ended March 31, 2014
 
Three months ended March 31, 2013
 
 
Number of TDR Modifications
 
Pre-Modification
Outstanding
Recorded
Investment
 
Post-Modification
Outstanding
Recorded
Investment
 
Number of TDR Modifications
 
Pre-Modification
Outstanding
Recorded
Investment
 
Post-Modification
Outstanding
Recorded
Investment
Noncovered loans:
 
(dollars in thousands)
Commercial business:
 
 
 
 
 
 
 
 
 
 
 
 
Secured
 
2

 
$
546

 
$
546

 
—

 
$
—

 
$
—

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
2

 
494

 
494

 
—

 
—

 
—

Commercial and multifamily residential:
 
 
 
 
 
 
 
 
 
 
 
 
Income property
 
1

 
143

 
126

 
—

 
—

 
—

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential:
 
 
 
 
 
 
 
 
 
 
 
 
Land and acquisition
 
—

 
$
—

 
$
—

 
1

 
117

 
117

Total
 
5

 
$
1,183

 
$
1,166

 
1

 
$
117

 
$
117