Portfolio Loans Covered by Loss Share (Covered loans) (Tables)

9 Months Ended

Sep. 30, 2012

Covered Loans [Line Items]

Summary of Covered Loans by Category

Below is a summary of Covered loans by category at September 30, 2012, and December 31, 2011:

	September 30, 2012			December 31, 2011
(in thousands)	Weighted- Average Risk Rating	Recorded Investment Covered Loans		Weighted- Average Risk Rating	Recorded Investment Covered Loans
Real Estate Loans:
Construction and Land Development	7.13	$	38,620	7.22	$	65,990
Commercial real estate - Investor Owned	6.00	64,287		6.12	75,093
Commercial real estate - Owner Occupied	6.60	44,307		6.03	63,101
Residential real estate	5.67	46,426		4.81	56,828
Total real estate loans		$	193,640		$	261,012
Commercial and industrial	6.93	26,209		6.61	36,423
Consumer & other	4.33	1,584		4.14	3,175
Portfolio Loans		$	221,433		$	300,610

Covered Loans

Covered Loans [Line Items]

Allowance for Credit Losses on Financing Receivables

Below is a summary of the activity in the allowance for loan losses for Covered loans at September 30, 2012, and

September 30, 2011:

	Three months ended September 30,						Nine months ended September 30,
(in thousands)	2012			2011			2012			2011
Balance at beginning of period	$	1,889		$	—		$	1,635		$	—
Provision charged to expense	10,889			2,672			13,380			2,947
Loans charged off	(1,627		)	(103		)	(3,689		)	(378		)
Recoveries	10			—			16			—
Other	(59		)	—			(240		)	—
Balance at end of period	$	11,102		$	2,569		$	11,102		$	2,569

Summary of Aging of the Recorded Investment in Past Due Covered Loans by Portfolio Class and Category

The aging of the recorded investment in past due Covered loans by portfolio class and category at September 30, 2012, and December 31, 2011, is shown below.

	September 30, 2012
(in thousands)	30-89 Days  Past Due		90 or More Days Past Due		Total Past Due		Current		Total
Commercial & Industrial	$	3,325	$	4,378	$	7,703	$	18,506	$	26,209
Real Estate:
Commercial - Owner Occupied	—		6,590		6,590		37,717		44,307
Commercial - Investor Owned	375		2,180		2,555		61,732		64,287
Construction and Land Development	1,884		21,830		23,714		14,906		38,620
Residential	609		2,634		3,243		43,183		46,426
Consumer & Other	11		2		13		1,571		1,584
Total	$	6,204	$	37,614	$	43,818	$	177,615	$	221,433

	December 31, 2011
(in thousands)	30-89 Days  Past Due		90 or More Days Past Due		Total Past Due		Current		Total
Commercial & Industrial	$	879	$	9,867	$	10,746	$	25,677	$	36,423
Real Estate:
Commercial - Owner Occupied	1,438		9,684		11,122		51,979		63,101
Commercial - Investor Owned	2,530		7,021		9,551		65,542		75,093
Construction and Land Development	2,842		28,745		31,587		34,403		65,990
Residential	1,634		3,341		4,975		51,853		56,828
Consumer & Other	236		7		243		2,932		3,175
Total	$	9,559	$	58,665	$	68,224	$	232,386	$	300,610

Summary of Changes in Accretable Yield for Purchased Loans

Changes in the accretable yield for purchased loans were as follows for the nine months ended September 30, 2012, and 2011:

(in thousands)	September 30, 2012			September 30, 2011
Balance at beginning of period	$	63,335		$	46,460
Additions	—			40,380
Accretion	(36,225		)	(15,337		)
Reclassifications from nonaccretable difference	74,758			5,160
Other	(6,423		)	(34,228		)
Balance at end of period	$	95,445		$	42,435