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ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)
 12 Months Ended
Dec. 31, 2012
ALLOWANCE FOR LOAN AND LEASE LOSSES [Abstract]  
Detail of the allowance and loan portfolio disaggregated by loan portfolio segment
The following table presents the detail of the allowance and the loan portfolio disaggregated by loan portfolio segment as of December 31, 2012, 2011, and 2010.
 
Allowance for Loan and Leases Losses and Loans Held for Investment
 
For the year ended December 31, 2012
 
                                
(In thousands)
 
Commercial real estate
  
Construction and land development
  
Commercial & industrial
  
Multi-family
  
Residential real estate
  
Consumer
  
Leases
  
Tax certificates
  
Unallocated
  
Total
 
Beginning balance
 $7,744  $2,523  $2,331  $531  $1,188  $20  $1,311  $425  $307  $16,380 
Charge-offs
  (1,313)  (2,452)  (586)  (542)  (111)  -   (465)  (802)  -   (6,271)
Recoveries
  3   816   67   -   208   -   32   29   -   1,155 
Provision
  2,316   2,100   112   665   (187)  9   230   820   (68)  5,997 
Ending balance
 $8,750  $2,987  $1,924  $654  $1,098  $29  $1,108  $472  $239  $17,261 
Ending balance: related to loans individually evaluated for impairment
 $835  $820  $255  $-  $14  $-  $55  $47  $-  $2,026 
Ending balance: related to loans collectively evaluated for impairment
 $7,915  $2,167  $1,669  $654  $1,084  $29  $1,053  $425  $239  $15,235 
LHFI
                                        
Ending balance
 $167,115  $37,215  $40,560  $11,756  $24,981  $1,139  $37,347  $24,569  $-  $344,682 
Ending balance: individually evaluated for impairment
 $10,958  $5,943  $10,251  $-  $994  $-  $81  $601  $-  $28,828 
Ending balance: collectively evaluated for impairment
 $156,157  $31,272  $30,309  $11,756  $23,987  $1,139  $37,266  $23,968  $-  $315,854 

Allowance for Loan and Leases Losses and Loans Held for Investment
 
For the year ended December 31, 2011
 
(In thousands)
 
Commercial real estate
  
Construction and land development
  
Commercial & industrial
  
Multi-family
  
Residential real estate
  
Consumer
  
Leases
  
Tax certificates
  
Unallocated
  
Total
 
Allowance for Loan and Leases Losses
                              
Beginning balance
 $9,534  $3,976  $3,797  $652  $1,106  $12  $1,670  $380  $2  $21,129 
Charge-offs
  (1,685)  (5,755)  (2,901)  (328)  (635)  -   (868)  (1,039)  -   (13,211)
Recoveries
  357   196   22   -   153   -   6   -   -   734 
Provision
  (462)  4,106   1,413   207   564   8   503   1,084   305   7,728 
Ending balance
 $7,744  $2,523  $2,331  $531  $1,188  $20  $1,311  $425  $307  $16,380 
Ending balance: related to loans individually evaluated for impairment
 $-  $-  $-  $-  $24  $-  $114  $-  $-  $138 
Ending balance: related to loans collectively evaluated for impairment
 $7,744  $2,523  $2,331  $531  $1,164  $20  $1,197  $425  $307  $16,242 
LHFI
                                        
Ending balance
 $182,579  $54,120  $54,136  $11,622  $26,637  $949  $36,014  $48,809  $-  $414,866 
Ending balance: individually evaluated for impairment
 $17,311  $17,368  $7,267  $1,703  $1,139  $-  $266  $1,023  $-  $46,077 
Ending balance: collectively evaluated for impairment
 $165,268  $36,752  $46,869  $9,919  $25,498  $949  $35,748  $47,786  $-  $368,789 

Allowance for Loan and Leases Losses and Loans Held for Investment
 
For the year ended December 31, 2010
 
(In thousands)
 
Commercial real estate
  
Construction and land development
  
Commercial & industrial
  
Multi-family
  
Residential real estate
  
Consumer
  
Leases
  
Tax certificates
  
Unallocated
  
Total
 
Allowance for Loan and Leases Losses
                              
Beginning balance
 $10,039  $7,895  $6,542  $-  $3,762  $25  $1,757  $290  $21  $30,331 
Charge-offs
  (7,352)  (13,413)  (5,930)  (787)  (3,211)  -   (972)  (49)  -   (31,714)
Recoveries
  684   116   81   18   313   37   51   -   -   1,300 
Provision
  6,796   9,508   3,223   1,421   285   (47)  834   139   (19)  22,140 
Reduction due to Royal Asian sale
  (633)  (130)  (119)  -   (43)  (3)  -   -   -   (928)
Ending balance
 $9,534  $3,976  $3,797  $652  $1,106  $12  $1,670  $380  $2  $21,129 
Ending balance: related to loans individually evaluated for impairment
 $1,363  $-  $-  $245  $74  $-  $194  $31  $-  $1,907 
Ending balance: related to loans collectively evaluated for impairment
 $8,171  $3,976  $3,797  $407  $1,032  $12  $1,476  $349  $2  $19,222 
LHFI
                                        
Ending balance
 $194,203  $79,638  $74,027  $10,277  $29,299  $793  $38,725  $70,443  $-  $497,405 
Ending balance: individually evaluated for impairment
 $10,060  $19,758  $5,858  $2,453  $2,159  $-  $335  $1,802  $-  $42,425 
Ending balance: collectively evaluated for impairment
 $184,143  $59,880  $68,169  $7,824  $27,140  $793  $38,390  $68,641  $-  $454,980 
 
Financing receivable evaluated for impairment by portfolio segment
The following tables detail the impaired LHFI by loan segment.
 
   
As of December 31, 2012
 
(In thousands)
 
Unpaid principal balance
  
Recorded investment
  
Related allowance
  
Average recorded investment
  
Interest income recognized
 
With no related allowance recorded:
               
Construction and land development
 $6,250  $3,464  $-  $10,059  $187 
Commercial real estate
  10,417   8,623   -   11,163   78 
Commercial & industrial
  7,790   6,820   -   5,545   73 
Residential real estate
  572   516   -   490   21 
Multi-family
  -   -   -   780   - 
Tax certificates
  -   -   -   583   - 
Total:
 $25,029  $19,423  $-  $28,620  $359 
With an allowance recorded:
                    
Construction and land development
 $6,180  $2,479  $820  $923  $- 
Commercial real estate
  4,136   2,335   835   1,526   - 
Commercial & industrial
  9,585   3,431   255   682   - 
Residential real estate
  685   478   14   714   7 
Multi-family
  -   -   -   383   - 
Leases
  81   81   55   86   - 
Tax certificates
  4,408   601   47   288   - 
Total:
 $25,075  $9,405  $2,026  $4,602  $7 

   
As of December 31, 2011
 
(In thousands)
 
Unpaid principal balance
  
Recorded investment
  
Related allowance
  
Average recorded investment
  
Interest income recognized
 
With no related allowance recorded:
               
Construction and land development
 $24,183  $17,368  $-  $13,331  $84 
Commercial real estate
  19,513   17,311   -   7,732   33 
Commercial & industrial
  14,368   7,267   -   8,257   77 
Residential real estate
  3,645   337   -   950   - 
Multi-family
  1,888   1,703   -   1,760   - 
Tax certificates
  4,658   1,023   -   171   - 
Total:
 $68,255  $45,009  $-  $32,201  $194 
With an allowance recorded:
                    
Construction and land development
 $-  $-  $-  $4,514  $- 
Commercial real estate
  -   -   -   2,642   - 
Commercial & industrial
  -   -   -   1,394   - 
Residential real estate
  1,048   802   24   915   1 
Multi-family
  -   -   -   245   - 
Leases
  266   266   114   348   - 
Tax certificates
  -   -   -   1,423   - 
Total:
 $1,314  $1,068  $138  $11,481  $1