Allowance for Loan and Lease Losses and Unfunded Loan Commitments and Letters of Credit (Tables)

6 Months Ended

Jun. 30, 2011

Allowance for Loan and Lease Losses and Unfunded Loan Commitments and Letters of Credit

Allowance for Noncovered Loan and Lease Losses

(in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision			Ending Balance		Specific Reserve		General Allocation
Three months ended June 30, 2011
Commercial Business
Secured	$	22,307	($	834	)	$	233	$	614		$	22,320	$	330	$	21,990
Unsecured		618		0			359		(404	)		573		72		501
Real Estate 1-4 Family
Residential RE Perm		1,100		(216	)		0		(37	)		847		0		847
Real Estate Commercial & Multifamily
Commercial RE Land		555		(656	)		0		995			894		0		894
Income Property Multifamily Perm		12,297		(275	)		13		2,674			14,709		301		14,408
Owner Occupied RE Perm		10,412		(623	)		0		(3,310	)		6,479		286		6,193
Construction 1-4 Family
Land & Acquisition		3,295		(410	)		700		(733	)		2,852		148		2,704
Residential Construction		2,118		(395	)		0		(19	)		1,704		0		1,704
Construction Commercial & Multifamily
Income Property Multifamily Construction		127		(1,078	)		0		994			43		0		43
Owner Occupied RE Construction		68		0			0		(34	)		34		0		34
Consumer		2,418		(271	)		45		556			2,748		161		2,587
Unallocated		0		0			0		854			854		0		854
Total	$	55,315	($	4,758	)	$	1,350	$	2,150		$	54,057	$	1,298	$	52,759
(in thousands)	Beginning Balance		Charge-offs			Recoveries		Provision			Ending Balance		Specific Reserve		General Allocation
Six months ended June 30, 2011
Commercial Business
Secured	$	21,811	($	4,121	)	$	329	$	4,301		$	22,320	$	330	$	21,990
Unsecured		738		(84	)		368		(449	)		573		72		501
Real Estate 1-4 Family
Residential RE Perm		1,100		(664	)		0		411			847		0		847
Real Estate Commercial & Multifamily
Commercial RE Land		634		(656	)		0		916			894		0		894
Income Property Multifamily Perm		15,210		(640	)		55		84			14,709		301		14,408
Owner Occupied RE Perm		9,692		(623	)		31		(2,621	)		6,479		286		6,193
Construction 1-4 Family
Land & Acquisition		3,769		(1,178	)		1,768		(1,507	)		2,852		148		2,704
Residential Construction		2,292		(1,054	)		36		430			1,704		0		1,704
Construction Commercial & Multifamily
Income Property Multifamily Construction		274		(1,565	)		0		1,334			43		0		43
Owner Occupied RE Construction		70		0			0		(36	)		34		0		34
Consumer		2,120		(1,196	)		108		1,716			2,748		161		2,587
Unallocated		3,283		0			0		(2,429	)		854		0		854
Total	$	60,993	($	11,781	)	$	2,695	$	2,150		$	54,057	$	1,298	$	52,759

Changes in the Allowance for Loan and Lease Losses

	Three Months Ended June 30,			Six Months Ended June 30,			Three Months Ended June 30,			Six Months Ended June 30,
(in thousands)	2011			2011			2010			2010
Beginning balance	$	55,315		$	60,993		$	56,981		$	53,478
Provision charged to expense		2,150			2,150			13,500			28,500
Loans charged off		(4,758	)		(11,781	)		(11,073	)		(23,926	)
Recoveries		1,350			2,695			340			1,696
Ending balance	$	54,057		$	54,057		$	59,748		$	59,748

Changes in the Allowance for Unfunded Commitments and Letters of Credit

	Three Months Ended June 30,					Six Months Ended June 30,
(in thousands)	2011			2010		2011		2010
Beginning balance	$	1,660		$	815	$	1,165	$	775
Net changes in the allowance for unfunded commitments and letters of credit		(200	)		0		295		40
Ending balance	$	1,460		$	815	$	1,460	$	815

Analysis of Credit Quality of Noncovered Loan Portfolio

	June 30, 2011				December 31, 2010
(dollars in thousands)	Weighted- Average Risk Rating		Recorded Investment Noncovered Loans (1)		Weighted- Average Risk Rating		Recorded Investment Noncovered Loans (1)
Commercial Business
Secured		4.94	$	799,676		4.96	$	757,372
Unsecured		4.27		41,568		4.23		41,175
Real Estate 1-4 Family
Residential RE Perm		4.94		51,259		4.96		49,436
Real Estate Commercial & Multifamily
Commercial RE Land		5.79		25,899		5.75		24,956
Income Property Multifamily Perm		5.05		483,465		5.07		406,711
Owner Occupied RE Perm		5.12		345,811		5.12		366,284
Construction 1-4 Family
Land & Acquisition		6.66		30,164		6.79		37,054
Residential Construction		6.49		22,529		6.63		31,293
Construction Commercial & Multifamily
Income Property Multifamily Construction		5.94		8,932		6.38		18,296
Owner Occupied RE Construction		4.81		13,266		4.93		11,990
Consumer		4.39		178,560		4.31		182,624
Total recorded investment of noncovered loans			$	2,001,129			$	1,927,191

(1) Recorded investment includes unpaid principal balance, net of charge-offs, unamortized deferred loan fees or costs, unamortized premiums or discounts and accrued interest.