Noncovered Loans (Tables) (Noncovered Loans [Member])

9 Months Ended

Sep. 30, 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):

	September 30, 2014			December 31, 2013
Noncovered loans:	(in thousands)
Commercial business	$	1,829,393		$	1,561,782
Real estate:
One-to-four family residential	108,743			108,317
Commercial and multifamily residential	2,144,044			2,080,075
Total real estate	2,252,787			2,188,392
Real estate construction:
One-to-four family residential	73,882			54,155
Commercial and multifamily residential	137,366			126,390
Total real estate construction	211,248			180,545
Consumer	338,826			357,014
Less: Net unearned income	(53,076		)	(68,282		)
Total noncovered loans, net of unearned income	4,579,178			4,219,451
Less: Allowance for loan and lease losses	(49,938		)	(52,280		)
Total noncovered loans, net	$	4,529,240		$	4,167,171
Loans held for sale	$	949		$	735

Analysis of nonaccrual loans

The following is an analysis of noncovered, nonaccrual loans as of September 30, 2014 and December 31, 2013:

	September 30, 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	$	11,199	$	16,666	$	12,433	$	19,186
Unsecured	291		301		176		202
Real estate:
One-to-four family residential	3,513		5,825		2,667		4,678
Commercial & multifamily residential:
Commercial land	488		788		442		783
Income property	3,998		6,486		4,267		5,383
Owner occupied	3,982		6,144		6,334		7,486
Real estate construction:
One-to-four family residential:
Land and acquisition	573		1,754		3,246		6,601
Residential construction	458		1,928		459		1,928
Consumer	3,496		4,980		3,991		6,187
Total	$	27,998	$	44,872	$	34,015	$	52,434

Past Due Financing Receivables

The following is an aging of the recorded investment of the noncovered loan portfolio as of September 30, 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
September 30, 2014	(in thousands)
Noncovered loans:
Commercial business:
Secured	$	1,740,253	$	6,484	$	394	$	—	$	6,878	$	11,199	$	1,758,330
Unsecured	66,057		334		20		—		354		291		66,702
Real estate:
One-to-four family residential	103,040		259		—		—		259		3,513		106,812
Commercial & multifamily residential:
Commercial land	138,874		—		435		—		435		488		139,797
Income property	1,201,919		8,517		90		—		8,607		3,998		1,214,524
Owner occupied	760,234		519		739		—		1,258		3,982		765,474
Real estate construction:
One-to-four family residential:
Land and acquisition	12,431		—		—		—		—		573		13,004
Residential construction	59,841		—		—		—		—		458		60,299
Commercial & multifamily residential:
Income property	85,090		—		—		—		—		—		85,090
Owner occupied	51,420		—		—		—		—		—		51,420
Consumer	313,536		601		93		—		694		3,496		317,726
Total	$	4,532,695	$	16,714	$	1,771	$	—	$	18,485	$	27,998	$	4,579,178
	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 September 30, 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
September 30, 2014	(in thousands)
Noncovered loans:
Commercial business:
Secured	$	1,751,081	$	7,249	$	1,134	$	1,727	$	39	$	6,115	$	7,055
Unsecured	66,691		11		11		11		11		—		—
Real estate:
One-to-four family residential	104,244		2,568		428		469		124		2,140		3,585
Commercial & multifamily residential:
Commercial land	139,709		88		—		—		—		88		398
Income property	1,207,801		6,723		—		—		—		6,723		11,236
Owner occupied	756,410		9,064		586		585		31		8,478		12,999
Real estate construction:
One-to-four family residential:
Land and acquisition	12,894		110		110		110		68		—		—
Residential construction	60,299		—		—		—		—		—		—
Commercial & multifamily residential:
Income property	85,090		—		—		—		—		—		—
Owner occupied	51,420		—		—		—		—		—		—
Consumer	317,593		133		—		—		—		133		208
Total	$	4,553,232	$	25,946	$	2,269	$	2,902	$	273	$	23,677	$	35,481
	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 and nine month periods indicated.

	Three Months Ended September 30,									Nine Months Ended September 30,
	2014				2013					2014				2013
	Average Recorded Investment Impaired Loans		Interest Recognized on Impaired Loans		Average Recorded Investment Impaired Loans		Interest Recognized on Impaired Loans			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	$	6,869	$	17	$	6,631	$	(25	)	$	6,550	$	50	$	5,774	$	12
Unsecured	15		—		47		1			23		1		68		2
Real estate:
One-to-four family residential	2,307		14		1,537		16			2,082		37		1,677		47
Commercial & multifamily residential:
Commercial land	94		—		1,456		48			102		—		2,085		48
Income property	7,345		69		10,358		22			6,891		205		9,534		168
Owner occupied	9,117		239		9,822		231			9,629		715		10,721		740
Real estate construction:
One-to-four family residential:
Land and acquisition	111		1		2,889		1			840		4		2,794		4
Residential construction	—		—		—		—			—		—		526		—
Consumer	142		2		423		2			152		7		275		5
Total	$	26,000	$	342	$	33,163	$	296		$	26,269	$	1,019	$	33,454	$	1,026

Analysis of loans classified as Troubled Debt Restructurings (“TDR”)

	Three Months Ended September 30,									Nine Months Ended September 30,
	2014				2013					2014				2013
	Average Recorded Investment Impaired Loans		Interest Recognized on Impaired Loans		Average Recorded Investment Impaired Loans		Interest Recognized on Impaired Loans			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	$	6,869	$	17	$	6,631	$	(25	)	$	6,550	$	50	$	5,774	$	12
Unsecured	15		—		47		1			23		1		68		2
Real estate:
One-to-four family residential	2,307		14		1,537		16			2,082		37		1,677		47
Commercial & multifamily residential:
Commercial land	94		—		1,456		48			102		—		2,085		48
Income property	7,345		69		10,358		22			6,891		205		9,534		168
Owner occupied	9,117		239		9,822		231			9,629		715		10,721		740
Real estate construction:
One-to-four family residential:
Land and acquisition	111		1		2,889		1			840		4		2,794		4
Residential construction	—		—		—		—			—		—		526		—
Consumer	142		2		423		2			152		7		275		5
Total	$	26,000	$	342	$	33,163	$	296		$	26,269	$	1,019	$	33,454	$	1,026

The following is an analysis of loans classified as troubled debt restructurings (“TDR”) during the three and nine months ended September 30, 2014 and 2013:

	Three months ended September 30, 2014					Three months ended September 30, 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)
Real estate:
Commercial and multifamily residential:
Owner occupied	1	$	1,496	$	1,496	—	$	—	$	—
Total	1	$	1,496	$	1,496	—	$	—	$	—

	Nine months ended September 30, 2014					Nine months ended September 30, 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	4	$	759	$	759	1	$	343	$	343
Real estate:
One-to-four family residential	2	494		494		—	—		—
Commercial and multifamily residential:
Commercial land	—	—		—		1	137		137
Income property	1	143		126		3	943		943
Owner occupied	1	1,496		1,496		1	172		172
Real estate construction:
One-to-four family residential:
Land and acquisition	—	—		—		1	117		117
Total	8	$	2,892	$	2,875	7	$	1,712	$	1,712