Allowance For Credit Losses And Credit Quality (Tables)

12 Months Ended

Dec. 31, 2012

Schedule Of Allowance For Loan Losses For Covered Loan And Non-Covered Loan Portfolios

A summary of changes in the allowance for credit losses for the covered loan and non-covered loan portfolios for the years ended December 31, 2012, 2011, and 2010 follows.

(Dollars in thousands)	December 31, 2012
	Non-covered loans
	Excluding Acquired Loans			Acquired Loans			Covered loans			Total
Balance, beginning of period	$	74,861		$	—		$	118,900		$	193,761
Provision for credit losses before benefit attributable to FDIC loss share agreements		3,804			9,799			91,153			104,756
Benefit attributable to FDIC loss share agreements		—			—			(84,085	)		(84,085	)
Net provision for credit losses		3,804			9,799			7,068			20,671
Increase in FDIC loss share receivable		—			—			84,085			84,085
Transfer of balance to OREO		—			(826	)		(26,343	)		(27,169	)
Loans charged-off		(9,728	)		(179	)		(15,153	)		(25,060	)
Recoveries		5,274			22			19			5,315
Balance, end of period	$	74,211		$	8,816		$	168,576		$	251,603

(Dollars in thousands)	December 31, 2011
	Non-covered loans
	Excluding Acquired Loans			Acquired Loans		Covered loans			Total
Balance, beginning of period	$	62,460		$	—	$	73,640		$	136,100
Provision for credit losses before benefit attributable to FDIC loss share agreements		19,974			—		63,014			82,988
Benefit attributable to FDIC loss share agreements		—			—		(57,121	)		(57,121	)
Net provision for credit losses		19,974			—		5,893			25,867
Increase in FDIC loss share receivable		—			—		57,121			57,121
Transfer of balance to OREO		—			—		(17,143	)		(17,143	)
Loans charged-off		(15,022	)		—		(1,137	)		(16,159	)
Recoveries		7,449			—		526			7,975
Balance, end of period	$	74,861		$	—	$	118,900		$	193,761

(Dollars in thousands)	December 31, 2010
	Non-covered loans
	Excluding Acquired Loans			Acquired Loans		Covered loans			Total
Balance, beginning of period	$	55,623		$	—	$	145		$	55,768
Provision for credit losses before benefit attributable to FDIC loss share agreements		33,554			—		73,819			107,373
Benefit attributable to FDIC loss share agreements		—			—		(64,922	)		(64,922	)
Net provision for credit losses		33,554			—		8,897			42,451
Increase in FDIC loss share receivable		—			—		64,922			64,922
Transfer of balance to OREO		—			—		—			—
Loans charged-off		(33,533	)		—		(325	)		(33,858	)
Recoveries		6,816			—		1			6,817
Balance, end of period	$	62,460		$	—	$	73,640		$	136,100

Schedule Of Allowance For Loan Losses For Non-Covered Loans, By Loan Portfolio

A summary of changes in the allowance for credit losses for non-covered loans, by loan portfolio type, for the years ended December 31, 2012 and 2011 is as follows:

(Dollars in thousands)	Commercial Real Estate			Commercial Business			Consumer			Mortgage			Unallocated		Total
December 31, 2012
Allowance for credit losses
Balance, beginning of period	$	35,604		$	25,705		$	12,655		$	897		$	—	$	74,861
(Reversal of) Provision for loan losses		1,786			4,021			5,218			2,578			—		13,603
Transfer of balance to OREO		(292	)		—			(9	)		(525	)		—		(826	)
Loans charged off		(2,000	)		(1,116	)		(5,928	)		(863	)		—		(9,907	)
Recoveries		3,166			111			1,981			38			—		5,296
Balance, end of period	$	38,264		$	28,721		$	13,917		$	2,125		$	—	$	83,027
Allowance on loans individually evaluated for impairment	$	226		$	449		$	42		$	163		$	—	$	880
Allowance on loans collectively evaluated for impairment		38,038			28,272			13,875			1,962			—		82,147
Loans, net of unearned income
Balance, end of period	$	2,990,700		$	2,450,667		$	1,674,417		$	290,040		$	—	$	7,405,824
Balance, end of period: Loans individually evaluated for impairment		28,052			4,401			315			1,703			—		34,471
Balance, end of period: Loans collectively evaluated for impairment		2,962,648			2,446,266			1,674,102			288,337			—		7,371,353
Balance, end of period: Loans acquired with deteriorated credit quality		55,856			3,470			5,035			330			—		64,691

(Dollars in thousands)	Commercial Real Estate			Commercial Business			Consumer			Mortgage			Unallocated		Total
December 31, 2011
Allowance for credit losses
Balance, beginning of period	$	31,390		$	16,473		$	13,332		$	1,265		$	—	$	62,460
(Reversal of) Provision for credit losses		6,809			9,533			3,847			(215	)		—		19,974
Loans charged off		(7,656	)		(471	)		(6,673	)		(222	)		—		(15,022	)
Recoveries		5,061			170			2,149			69			—		7,449
Balance, end of period	$	35,604		$	25,705		$	12,655		$	897		$	—	$	74,861
Allowance on loans individually evaluated for impairment	$	1,874		$	179		$	—		$	133		$	—	$	2,186
Allowance on loans collectively evaluated for impairment		33,730			25,526			12,655			764			—		72,675
Loans, net of unearned income
Balance, end of period	$	2,591,013		$	1,896,496		$	1,282,966		$	283,113		$	—	$	6,053,588
Balance, end of period: Loans individually evaluated for impairment		34,541			6,530			231			1,009			—		42,311
Balance, end of period: Loans collectively evaluated for impairment		2,556,472			1,889,966			1,282,735			282,104			—		6,011,277
Balance, end of period: Loans acquired with deteriorated credit quality		4,835			26,531			4,129			—			—		35,495

Schedule Of Allowance For Loan Losses For Covered Loans, By Loan Portfolio

A summary of changes in the allowance for credit losses for covered loans, by loan portfolio type, for the years ended December 31, 2012 and 2011 is as follows:

(Dollars in thousands)	Commercial Real Estate			Commercial Business			Consumer			Mortgage			Unallocated		Total
December 31, 2012
Allowance for credit losses
Balance, beginning of period	$	69,175		$	9,788		$	18,753		$	21,184		$	—	$	118,900
(Reversal of) Provision for credit losses		4,970			964			811			323			—		7,068
Increase in FDIC loss share receivable		51,543			3,616			15,031			13,895			—		84,085
Transfer of balance to OREO		(11,202	)		(2,993	)		(825	)		(11,323	)		—		(26,343	)
loans charged off		(13,631	)		—			(9	)		(1,513	)		—		(15,153	)
Recoveries		16			—			3			—			—		19
Balance, end of period	$	100,871		$	11,375		$	33,764		$	22,566		$	—	$	168,576
Allowance on loans individually evaluated for impairment	$	—		$	—		$	—		$	—		$	—	$	—
Allowance on loans collectively evaluated for impairment		100,871			11,375			33,764			22,566			—		168,576
Loans, net of unearned income
Balance, end of period	$	640,843		$	87,051		$	177,698		$	187,164		$	—	$	1,092,756
Balance, end of period: Loans individually evaluated for impairment		—			—			—			—			—		—
Balance, end of period: Loans collectively evaluated for impairment		640,843			87,051			177,698			187,164			—		1,092,756
Balance, end of period: Loans acquired with deteriorated credit quality		167,742			2,757			22,914			20,232			—		213,645

(Dollars in thousands)	Commercial Real Estate			Commercial Business			Consumer			Mortgage			Unallocated		Total
December 31, 2011
Allowance for credit losses
Balance, beginning of period	$	26,439		$	6,657		$	12,201		$	28,343		$	—	$	73,640
(Reversal of) Provision for credit losses		6,762			392			971			(2,232	)		—		5,893
Increase (decrease) in FDIC loss share receivable		50,079			2,899			7,188			(3,045	)		—		57,121
Transfer of balance to OREO		(13,316	)		(160	)		(1,705	)		(1,962	)		—		(17,143	)
Loans charged off		(1,073	)		—			(42	)		(22	)		—		(1,137	)
Recoveries		284			—			140			102			—		526
Balance, end of period	$	69,175		$	9,788		$	18,753		$	21,184		$	—	$	118,900
Allowance on loans individually evaluated for impairment	$	—		$	—		$	—		$	—		$	—	$	—
Allowance on loans collectively evaluated for impairment		69,175			9,788			18,753			21,184			—		118,900
Loans, net of unearned income
Balance, end of period	$	772,877		$	108,738		$	197,447		$	255,387		$	—	$	1,334,449
Balance, end of period: Loans individually evaluated for impairment		—			—			—			—			—		—
Balance, end of period: Loans collectively evaluated for impairment		772,877			108,738			197,447			255,387			—		1,334,449
Balance, end of period: Loans acquired with deteriorated credit quality		54,691			4,169			29,473			35,794			—		124,127

Investment In Covered Loans And Non-Covered Loans By Credit Quality Indicator

(Dollars in thousands)	Non-covered acquired loans
	Commercial Real Estate Construction						Commercial Real Estate- Other						Commercial Business
Credit quality indicator by asset risk classification	2012			2011			2012			2011			2012			2011
Pass	$	25,896		$	51,510		$	359,046		$	360,598		$	86,201		$	94,760
Special Mention		2,410			9,138			28,185			53,503			2,159			7,870
Substandard		5,228			5,441			85,420			75,161			4,808			4,057
Doubtful		—			—			218			—			2,209			—
Total		33,534			66,089			472,869			489,262			95,377			106,687
Discount		(3,968	)		(6,458	)		(57,055	)		(47,808	)		(12,144	)		(11,371	)
Non-covered commercial loans, net	$	29,566		$	59,631		$	415,814		$	441,454		$	83,233		$	95,316

	Mortgage – Prime				Mortgage- Subprime
Credit risk by payment status	2012		2011		2012		2011
Current	$	30,663	$	4,145	$	—	$	—
Past due greater than 30 days		779		369		—		—
Total		31,442		4,514		—		—
Premium (discount)		1,315		—		—		—
Non-covered mortgage loans, net	$	32,757	$	4,514	$	—	$	—

	Indirect Automobile				Credit Card
Credit risk by payment status	2012		2011		2012		2011
Current	$	4,698	$	10,813	$	—	$	—
Past due greater than 30 days		321		439		—		—
Total		5,019		11,252
Premium (discount)		—		189		—		—
Non-covered consumer loans, net	$	5,019	$	11,441	$	—	$	—

	Home Equity						Consumer - Other
Credit risk by payment status	2012			2011			2012			2011
Current	$	73,658		$	73,822		$	21,746		$	16,067
Past due greater than 30 days		7,115			6,738			714			1,529
Total		80,773			80,560			22,460			17,596
Discount		(4,498	)		(4,839	)		(6,805	)		(1,511	)
Non-covered consumer loans, net	$	76,275		$	75,721		$	15,655		$	16,085

Schedule Of Investment In Impaired Loan

Information on the Company’s investment in impaired loans is presented in the following tables as of and for the periods indicated.

(Dollars in thousands)
December 31, 2012	Recorded Investment		Unpaid Principal Balance		Related Allowance			Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial Loans
Real Estate	$	26,151	$	26,151	$	—		$	34,682	$	168
Business		1,824		1,824		—			2,621		33
With an allowance recorded
Mortgage Loans
Residential – Prime	$	9,861	$	10,070	$	(209	)	$	7,955	$	131
Residential – Subprime		—		—		—			—		—
Commercial Loans
Real Estate		3,464		3,663		(199	)		3,678		123
Business		1,334		1,810		(476	)		1,889		47
Consumer Loans
Indirect automobile		865		868		(3	)		1,514		28
Credit card		413		424		(11	)		372		—
Home equity		5,860		5,951		(91	)		6,713		51
Other		307		310		(3	)		601		5
Total
Mortgage Loans	$	9,861	$	10,070		(209	)	$	7,955	$	131
Commercial Loans		32,773		33,448		(675	)		42,870		371
Consumer Loans		7,445		7,553		(108	)		9,200		84

(Dollars in thousands)
December 31, 2011	Recorded Investment		Unpaid Principal Balance		Related Allowance			Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial Loans
Real Estate	$	32,267	$	32,267	$	—		$	35,673	$	173
Business		6,403		6,403		—			8,642		144
With an allowance recorded
Mortgage Loans
Residential – Prime	$	4,763	$	4,910	$	(147	)	$	6,163	$	30
Residential – Subprime		—		—		—			—		—
Commercial Loans
Real Estate		1,430		3,304		(1,874	)		3,315		26
Business		40		219		(179	)		423		5
Consumer Loans
Indirect automobile		987		994		(7	)		1,399		40
Credit card		391		403		(12	)		440		—
Home equity		4,826		4,873		(47	)		5,014		59
Other		608		619		(11	)		797		8
Total
Mortgage Loans	$	4,763	$	4,910		(147	)	$	6,163	$	30
Commercial Loans		40,140		42,193		(2,053	)		48,053		348
Consumer Loans		6,812		6,889		(77	)		7,650		107

Acquired Loans [Member]

Investment In Covered Loans And Non-Covered Loans By Credit Quality Indicator

(Dollars in thousands)	Non-covered loans excluding acquired loans
	Commercial Real Estate Construction				Commercial Real Estate- Other				Commercial Business
Credit quality indicator by asset risk classification	2012		2011		2012		2011		2012		2011
Pass	$	269,842	$	249,669	$	2,162,989	$	1,689,455	$	2,295,788	$	1,729,279
Special Mention		16,767		18,274		40,547		62,868		21,640		46,225
Substandard		7,067		8,559		47,710		55,236		49,958		25,477
Doubtful		—		170		398		5,697		48		199
Total		293,676		276,672		2,251,644		1,813,256		2,367,434		1,801,180
Discount		—		—		—		—		—		—
Non-covered commercial loans, net	$	293,676	$	276,672	$	2,251,644	$	1,813,256	$	2,367,434	$	1,801,180

	Mortgage – Prime				Mortgage- Subprime
Credit risk by payment status	2012		2011		2012		2011
Current	$	185,843	$	271,534	$	60,454	$	—
Past due greater than 30 days		10,986		7,065		—		—
Total		196,829		278,599		60,454		—
Discount		—		—		—		—
Non-covered mortgage loans, net	$	196,829	$	278,599	$	60,454	$	—

	Indirect Automobile				Credit Card
Credit risk by payment status	2012		2011		2012		2011
Current	$	320,148	$	248,070	$	51,117	$	46,786
Past due greater than 30 days		2,818		2,385		605		977
Total	$	322,966	$	250,455	$	51,722	$	47,763

	Home Equity				Consumer - Other
Credit risk by payment status	2012		2011		2012		2011
Current	$	991,766	$	741,968	$	201,161	$	129,640
Past due greater than 30 days		8,872		8,774		981		1,119
Total		1,000,638		750,742		202,142		130,759
Discount		—		—		—		—
Non-covered consumer loans, net	$	1,000,638	$	750,742	$	202,142	$	130,759

Conventional Mortgage Loan [Member]

Investment In Covered Loans And Non-Covered Loans By Credit Quality Indicator

The discounts for the December 31, 2011 period have been restated below to reflect the correction of the error discussed in Note 6 to these consolidated financial statements.

(Dollars in thousands)	Covered loans
December 31, 2012	Commercial
Credit quality indicator by asset risk classification	Real Estate- Construction		Real Estate- Other		Business		Total
Pass	$	46,201	$	201,261	$	38,552	$	286,014
Special Mention		9,888		65,498		8,600		83,986
Substandard		97,315		279,171		50,018		426,504
Doubtful		607		8,530		451		9,588
Total	$	154,011	$	554,460	$	97,621	$	806,092
Discount								(78,198	)
Covered commercial loans, net							$	727,894

	Mortgage
Credit risk by payment status	Prime		Subprime		Total
Current	$	183,795	$	—	$	183,795
Past due greater than 30 days		52,379		—		52,379
Total	$	236,174	$	—	$	236,174
Discount						(49,010	)
Covered mortgage loans, net					$	187,164

	Consumer and Other
Credit risk by payment status	Indirect Automobile		Credit Card		Home Equity		Other		Total
Current	$	—	$	841	$	168,728	$	1,155	$	170,724
Past due greater than 30 days		—		65		65,997		1,523		67,585
Total	$	—	$	906	$	234,725	$	2,678	$	238,309
Discount										(60,611	)
Covered consumer loans, net									$	177,698

(Dollars in thousands)	Covered loans
December 31, 2011	Commercial
Credit quality indicator by asset risk classification	Real Estate- Construction		Real Estate- Other		Business		Total
Pass	$	59,936	$	282,974	$	72,563	$	415,473
Special Mention		17,336		87,409		10,965		115,710
Substandard		169,726		349,155		61,268		580,149
Doubtful		705		22,636		4,082		27,423
Total	$	247,703	$	742,174	$	148,878	$	1,138,755
Discount								(257,140	)
Covered commercial loans, net							$	881,615

	Mortgage
Credit risk by payment status	Prime		Subprime		Total
Current	$	233,305	$	—	$	233,305
Past Due greater than 30 days		94,553		—		94,553
Total	$	327,858	$	—	$	327,858
Discount						(72,471	)
Covered mortgage loans, net					$	255,387

	Consumer and Other
Credit risk by payment status	Indirect Automobile		Credit Card		Home Equity		Other		Total
Current	$	—	$	875	$	193,366	$	4,880	$	199,121
Past Due greater than 30 days		—		94		107,520		534		108,148
Total	$	—	$	969	$	300,886	$	5,414	$	307,269
Discount										(109,822	)
Covered consumer loans, net									$	197,447