XML 43 R87.htm IDEA: XBRL DOCUMENT v2.4.0.8
COVERED ASSETS AND FDIC INDEMNIFICATION ASSET (Details 5) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Covered Nonperforming Assets      
Covered nonaccrual loans $ 126,895,000 [1],[2],[3] $ 204,310,000 [1],[2],[3]  
Total nonperforming loans 126,895,000 204,310,000  
Other real estate owned covered, net 21,373,000 26,808,000  
Total covered nonperforming assets 148,268,000 231,118,000  
Percentage of any reimbursable expense recorded as interest income under ASC 310-30 80.00%    
Covered TDR activity      
Balance at beginning of period 157,736,000 146,709,000  
Additions 35,865,000 72,917,000  
Transfers to OREO   (6,351,000)  
Charge-offs (10,167,000) (8,658,000)  
Paydowns/ Reductions (67,427,000) (46,881,000)  
Balance at end of period 116,007,000 157,736,000 146,709,000
Changes in the accretable yield for the covered loans      
Balance at beginning of period 556,986,000 785,165,000  
Accretion (347,010,000) (382,132,000)  
Changes in expected cash flows 251,569,000 153,953,000  
Balance at end of period 461,545,000 556,986,000 785,165,000
Covered assets - other disclosures      
Amount reclassified from nonaccretable yield to accretable yield due to changes in loss rate assumptions 190,300,000 38,600,000  
Amount of loans removed from the covered loans accounted for under ASC 310-30, excluding scheduled principal payments 739,300,000 924,700,000 932,200,000
Loan discount related to payoffs and removals of loans 168,100,000 124,700,000 102,100,000
Covered loans accounted for under ASC 310-10
     
Covered Nonperforming Assets      
Covered nonaccrual loans 17,700,000 29,600,000  
Covered OREO Properties
     
Covered Nonperforming Assets      
Aggregate carrying value of covered OREO properties 21,400,000 26,800,000  
Number of covered OREO properties added during the period 26    
Aggregate carrying value of covered OREO properties added during the period 31,200,000    
Net adjustments included in aggregate carrying value on covered OREO properties 2,400,000    
Number of covered OREO properties sold during the period 46    
Total proceeds value of covered OREO properties sold during the period 38,900,000    
Total net gains (losses) on covered OREO properties sold during the period $ 4,700,000    
Covered OREO Properties | Geographic Concentration | California
     
Credit Risk and Concentrations      
Percent of total 31.00%    
Covered OREO Properties | Geographic Concentration | Massachusetts
     
Credit Risk and Concentrations      
Percent of total 31.00%    
United Commercial Bank (UCB)
     
Credit Risk and Concentrations      
Percent of total 94.00%    
Number of general geographic regions 3    
United Commercial Bank (UCB) | Geographic Concentration | California
     
Credit Risk and Concentrations      
Percent of total 64.00%    
United Commercial Bank (UCB) | Geographic Concentration | New York
     
Credit Risk and Concentrations      
Percent of total 11.00%    
United Commercial Bank (UCB) | Geographic Concentration | Hong Kong
     
Credit Risk and Concentrations      
Percent of total 10.00%    
[1] Includes $17.7 million and $29.6 million of loans at December 31, 2013 and 2012, respectively, accounted for under ASC 310-10, of which some loans have additional partial balances accounted for under ASC 310-30.
[2] Covered nonaccrual loans include loans that meet the criteria for nonaccrual but have a yield accreted through interest income under ASC 310-30 and all losses on covered loans are 80% reimbursed by the FDIC.
[3] Represents principal balance net of discount.