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Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2012


(Dollars in thousands)	2012		2011
Residential mortgage loans:
Residential 1-4 family	$	471,183	$	522,357
Construction/ Owner Occupied		6,021		16,143

Total residential mortgage loans		477,204		538,500

Commercial loans:
Real estate		3,631,543		3,363,891
Business		2,537,718		2,005,234

Total commercial loans		6,169,261		5,369,125

Consumer and other loans:
Indirect automobile		327,985		261,896
Home equity		1,251,125		1,019,110
Other		273,005		199,406

Total consumer and other loans		1,852,115		1,480,412

Total loans receivable	$	8,498,580	$	7,388,037

Schedule Of Non-Covered Loans Outstanding


(Dollars in thousands)	2012		2011
Non-covered Loans:
Residential mortgage loans:
Residential 1-4 family	$	284,019	$	266,970
Construction/ Owner Occupied		6,021		16,143

Total residential mortgage loans		290,040		283,113

Commercial loans:
Real estate		2,990,700		2,591,014
Business		2,450,667		1,896,496

Total commercial loans		5,441,367		4,487,510

Consumer and other loans:
Indirect automobile		327,985		261,896
Home equity		1,076,913		826,463
Other		269,519		194,606

Total consumer and other loans		1,674,417		1,282,965

Total non-covered loans receivable	$	7,405,824	$	6,053,588

Schedule Of Non-Covered Loans On Nonaccrual Status


(Dollars in thousands)	2012		2011

Residential
Prime	$	8,367	$	4,910
Subprime		—		—
Commercial
Real Estate - Construction		5,479		2,582
Real Estate - Other		23,475		33,451
Business		3,358		6,622
Consumer and Other
Indirect Automobile		868		994
Home Equity		5,635		4,873
Credit Card		424		403
Other		310		619

Total	$	47,916	$	54,454

Schedule Of Carrying Amount Of Acquired Covered Loans


(Dollars in thousands)	December 31, 2012
Covered loans	Acquired Impaired Loans		Acquired Performing Loans		Total Covered Loans

Residential mortgage loans:

Residential 1-4 family	$	20,232	$	166,932	$	187,164

Total residential mortgage loans		20,232		166,932		187,164

Commercial loans:
Real estate		167,742		473,101		640,843
Business		2,757		84,294		87,051

Total commercial loans		170,499		557,395		727,894

Consumer and other loans:
Home equity		22,094		152,117		174,211
Other		820		2,667		3,487

Total consumer and other loans		22,914		154,784		177,698

Total covered loans receivable	$	213,645	$	879,111	$	1,092,756


(Dollars in thousands)	December 31, 2011
Covered loans	Acquired Impaired Loans							Acquired Performing Loans							Total Covered Loans
	As Previously Reported		Adjustment			As Adjusted		As Previously Reported		Adjustment			As Adjusted

Residential mortgage loans:

Residential 1-4 family	$	31,809	$	3,985		$	35,794	$	184,465		35,128		$	219,593	$	255,387

Total residential mortgage loans		31,809		3,985			35,794		184,465		35,128			219,593		255,387

Commercial loans:
Real estate		23,127		31,564			54,691		704,841		13,345			718,186		772,877
Business		4,053		116			4,169		144,825		(40,256	)		104,569		108,738

Total commercial loans		27,180		31,680			58,860		849,666		(26,911	)		822,755		881,615

Consumer and other loans:
Home equity		30,267		(794	)		29,473		204,707		(41,533	)		163,174		192,647
Other		116		(116	)		—		6,239		(1,439	)		4,800		4,800

Total consumer and other loans		30,383		(910	)		29,473		210,946		(42,972	)		167,974		197,447

Total covered loans receivable	$	89,372	$	34,755		$	124,127	$	1,245,077		(34,755	)	$	1,210,322	$	1,334,449

Schedule Of FDIC Loss Share Receivable


(Dollars in thousands)	December 31,
	2012			2011

Balance, beginning of period	$	591,844		$	726,871
Increase due to credit loss provision recorded on FDIC covered loans		84,085			57,121

Amortization		(118,100	)		(72,086	)
Submission of reimbursable losses to the FDIC		(123,986	)		(117,939	)
Changes due to a change in cash flow assumptions on OREO		(10,774	)		781
Other		—			(2,904	)

Balance, end of period	$	423,069		$	591,844

Schedule Of Carrying Amount Of Loans Acquired

The carrying amounts of the loans acquired from Florida Gulf in 2012 and OMNI and Cameron during 2011 are detailed in the following tables as of the purchase date.


(Dollars in thousands)
2012	Acquired Impaired Loans			Acquired Performing Loans			Total Acquired Loan Portfolio
Contractually required principal and interest at acquisition	$	10,203		$	231,695		$	241,898
Nonaccretable difference (expected losses and foregone interest)		(5,239	)		(40,431	)		(45,670	)

Cash flows expected to be collected at acquisition		4,964			191,264			196,228
Accretable yield		(1,190	)		(22,899	)		(24,089	)

Basis in acquired loans at acquisition	$	3,774		$	168,365		$	172,139


(Dollars in thousands)
2011	Acquired Impaired Loans			Acquired Performing Loans			Total Acquired Loan Portfolio
Contractually required principal and interest at acquisition	$	88,556		$	975,870		$	1,064,426
Nonaccretable difference (expected losses and foregone interest)		(34,824	)		(72,827	)		(107,651	)

Cash flows expected to be collected at acquisition		53,732			903,043			956,775
Accretable yield		(7,346	)		(139,163	)		(146,509	)

Basis in acquired loans at acquisition	$	46,386		$	763,880		$	810,226	⁽¹⁾

(1)	Excludes overdraft balances, credit card loans, and in-process accounts included in total loans at the acquisition date.

Summary Of Changes In Accretable Yields Of Acquired Loans


(Dollars in thousands)
December 31, 2012	Acquired Impaired Loans			Acquired Performing Loans			Total Acquired Loan Portfolio

Balance, beginning of period	$	83,834		$	386,977		$	470,811

Acquisition		1,190			22,899			24,089
Net transfers from (to) nonaccretable difference to (from) accretable yield		22,016			88,786			110,802
Accretion		(30,417	)		(218,892	)		(249,309	)

Balance, end of period	$	76,623		$	279,770		$	356,393


(Dollars in thousands)
December 31, 2011	Acquired Impaired Loans			Acquired Performing Loans			Total Acquired Loan Portfolio

Balance, beginning of period	$	82,381		$	626,190		$	708,571

Acquisition		7,346			139,163			146,509
Net transfers from (to) nonaccretable difference to (from) accretable yield		37,687			(216,551	)		(178,864	)
Accretion		(43,580	)		(161,825	)		(205,405	)

Balance, end of period	$	83,834		$	386,977		$	470,811

Schedule Of Troubled Debt Restructurings


	Total TDRs
(Dollars in thousands)	Accruing Loans
	Current		Past Due Greater than 30 Days		Nonaccrual TDRs		Total TDRs
December 31, 2012
Residential
Prime	$	—	$	—	$	—	$	—
Commercial
Real Estate		1,057		—		14,853		15,910
Business		1,204		—		281		1,485
Consumer and Other
Indirect Automobile		—		—		—		—
Home Equity		93		—		222		315
Credit Card		—		—		—		—
Other		—		—		—		—

Total	$	2,354	$	—	$	15,356	$	17,710

December 31, 2011
Residential
Prime	$	—	$	—	$	—	$	—
Commercial
Real Estate		55		—		21,696		21,751
Business		—		—		1,971		1,971
Consumer and Other
Indirect Automobile		—		—		—		—
Home Equity		—		—		231		231
Credit Card		—		—		—		—
Other		—		—		—		—

Total	$	55	$	—	$	23,898	$	23,953

Schedule Of Modified TDRs


(Dollars in thousands)	2012		2011

Extended maturities	$	412	$	—
Interest rate adjustment		277		231
Maturity and interest rate adjustment		1,249		—
Movement to or extension of interest-rate only payments		2,543		2,955
Forbearance		168		7,381
Covenant modifications		—		—
Other concession(s)⁽¹⁾		—		—

Total	$	4,649	$	10,567

(1)	Other concessions include concessions or a combination of concessions that do not consist of maturity extensions, interest rate adjustments, forbearance, and covenant modifications.

Non-Covered Loans Excluding Acquired Loans [Member]

Schedule Of Aging Of Non-Covered Loans


	Non-covered loans excluding acquired loans
(Dollars in thousands)
	Past Due ⁽¹⁾
December 31, 2012	30-59 days		60-89 days		Greater than 90 days		Total past due		Current		Total non- covered loans, net of unearned income		Recorded investment > 90 days and accruing

Residential
Prime	$	662	$	1,156	$	9,168	$	10,986	$	185,843	$	196,829	$	801
Subprime		—		—		—		—		60,454		60,454		—
Commercial
Real Estate - Construction		60		—		5,479		5,539		288,137		293,676		—
Real Estate - Other		3,590		—		23,559		27,149		2,224,495		2,251,644		83
Commercial Business		1,430		13		3,687		5,130		2,362,304		2,367,434		329
Consumer and Other
Indirect Automobile		1,624		326		868		2,818		320,148		322,966		—
Home Equity		2,283		796		5,793		8,872		991,766		1,000,638		158
Credit Card		130		51		424		605		51,117		51,722		—
Other		566		105		310		981		201,161		202,142		—

Total	$	10,345	$	2,447	$	49,288	$	62,080	$	6,685,425	$	6,747,505	$	1,371


	Non-covered loans excluding acquired loans
(Dollars in thousands)
	Past Due ⁽¹⁾
December 31, 2011	30-59 days		60-89 days		Greater than 90 days		Total past due		Current		Total loans, net of unearned income		Recorded investment > 90 days and accruing

Residential
Prime	$	731	$	325	$	6,009	$	7,065	$	271,534	$	278,599	$	1,099
Subprime		—		—		—		—		—		—		—
Commercial
Real Estate - Construction		266		—		2,582		2,848		273,824		276,672		—
Real Estate - Other		880		54		34,087		35,021		1,778,235		1,813,256		636
Commercial Business		302		277		6,642		7,221		1,793,959		1,801,180		20
Consumer and Other
Indirect Automobile		1,232		159		994		2,385		248,070		250,455		—
Home Equity		3,102		717		4,955		8,774		741,968		750,742		82
Credit Card		467		107		403		977		46,786		47,763		—
Other		349		147		623		1,119		129,640		130,759		4

Total	$	7,329	$	1,786	$	56,295	$	65,410	$	5,284,016	$	5,349,426	$	1,841

⁽¹⁾	Past due loans include loans on nonaccrual status as of the period indicated. Nonaccrual loans are presented separately in the “Nonaccrual Loans” section below.

Non-Covered Acquired Loans [Member]

Schedule Of Aging Of Non-Covered Loans


(Dollars in thousands)	Non-covered acquired loans
	Past Due ⁽¹⁾
December 31, 2012	30-59 days		60-89 days		Greater than 90 days		Total past due		Current		Discount			Total non- covered loans, net of unearned income		Recorded investment > 90 days and accruing ⁽¹⁾

Residential
Prime	$	—	$	—	$	779	$	779	$	30,663	$	1,315		$	32,757	$	779
Subprime		—		—		—		—		—		—			—		—
Commercial
Real Estate - Construction		369		—		4,067		4,436		29,098		(3,968	)		29,566		4,067
Real Estate - Other		5,971		1,572		38,987		46,530		426,339		(57,055	)		415,814		38,987
Commercial Business		1,410		524		3,953		5,887		89,490		(12,144	)		83,233		3,953
Consumer and Other
Indirect Automobile		171		4		146		321		4,698		—			5,019		146
Home Equity		2,379		382		4,354		7,115		73,658		(4,498	)		76,275		4,354
Credit Card		—		—		—		—		—		—			—		—
Other		202		17		495		714		21,746		(6,805	)		15,655		495

Total	$	10,502	$	2,499	$	52,781	$	65,782	$	675,692	$	(83,155	)	$	658,319	$	52,781


(Dollars in thousands)	Non-covered acquired loans
	Past Due ⁽¹⁾
December 31, 2011	30-59 days		60-89 days		Greater than 90 days		Total past due		Current		Discount			Total non- covered loans, net of unearned income		Recorded investment > 90 days and accruing ⁽¹⁾

Residential
Prime	$	124	$	60	$	185	$	369	$	4,145	$	—		$	4,514	$	185
Subprime		—		—		—		—		—		—			—		—
Commercial
Real Estate - Construction		629		—		3,755		4,384		61,705		(6,458	)		59,631		3,755
Real Estate - Other		7,213		4,036		29,725		40,974		448,288		(47,808	)		441,454		29,725
Commercial Business		183		69		639		891		105,796		(11,371	)		95,316		639
Consumer and Other
Indirect Automobile		171		10		258		439		10,813		189			11,441		258
Home Equity		2,509		125		4,104		6,738		73,822		(4,839	)		75,721		4,104
Credit Card		—		—		—		—		—		—			—		—
Other		413		545		571		1,529		16,067		(1,511	)		16,085		571

Total	$	11,242	$	4,845	$	39,237	$	55,324	$	720,636	$	(71,798	)	$	704,162	$	39,237

⁽¹⁾	Past due information includes loans acquired from OMNI, Cameron, and Florida Gulf at the gross loan balance, prior to the application of discounts, at December 31, 2012 and OMNI and Cameron at December 31, 2011.

Covered TDRs [Member]

Schedule Of Subsequently Defaulted TDRs


	December 31, 2012						December 31, 2011
(In thousands, except number of loans)	Number of Loans		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment ⁽¹⁾		Number of Loans		Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment ⁽¹⁾
TDRs occurring during the year
Residential
Prime		—	$	—	$	—		—	$	—	$	—
Commercial
Real Estate		14		3,852		3,312		7		9,265		8,365
Business		4		1,215		1,188		5		3,001		1,971
Consumer and Other
Indirect Automobile		—		—		—		—		—		—
Home Equity		1		94		51		1		238		231
Credit Card		—		—		—		—		—		—
Other		1		—		—		—		—		—

Total		20	$	5,161	$	4,551		13	$	12,504	$	10,567


	December 31, 2012				December 31, 2011
Total TDRs that subsequently defaulted in the past 12 months	Number of Loans		Recorded Investment		Number of Loans		Recorded Investment
Residential
Prime		—	$	—		—	$	—
Commercial
Real Estate		44		14,615		30		21,107
Business		9		1,469		6		1,877
Consumer and Other
Indirect Automobile		—		—		—		—
Home Equity		2		273		—		—
Credit Card		—		—		—		—
Other		1		—		—		—

Total		56	$	16,357		36	$	22,984

(1)	Recorded investment includes any allowance for credit losses recorded on the TDRs at the dates indicated.