Loans (Tables)

6 Months Ended

Jun. 30, 2012

Loans [Abstract]

Summary of loans under portfolio

	June  30, 2012		December  31, 2011		June  30, 2011
	(In thousands)
Commercial loan portfolio:
Commercial	$	915,352	$	895,150	$	842,404
Real estate commercial		1,119,655		1,071,999		1,065,606
Real estate construction		54,538		73,355		91,152
Land development		39,689		44,821		51,199
Subtotal		2,129,234		2,085,325		2,050,361
Consumer loan portfolio:
Real estate residential		873,214		861,716		825,860
Consumer installment		535,283		484,058		517,405
Home equity		424,611		400,186		354,384
Subtotal		1,833,108		1,745,960		1,697,649
Total loans	$	3,962,342	$	3,831,285	$	3,748,010

Recorded investment of loans in the commercial loan portfolio by risk rating categories

	Commercial		Real Estate Commercial		Real Estate Construction		Land Development		Total
	(In thousands)
June 30, 2012
Originated Portfolio:
Risk Grades 1-5	$	727,713	$	773,312	$	35,496	$	15,950	$	1,552,471
Risk Grade 6		23,651		37,144		—		3,915		64,710
Risk Grade 7		23,213		38,577		701		5,526		68,017
Risk Grade 8		12,235		38,509		408		3,077		54,229
Risk Grade 9		438		3,182		—		—		3,620
Subtotal		787,250		890,724		36,605		28,468		1,743,047
Acquired Portfolio:
Risk Grades 1-5		107,624		205,091		17,933		7,887		338,535
Risk Grade 6		13,158		12,560		—		—		25,718
Risk Grade 7		1,611		9,398		—		—		11,009
Risk Grade 8		5,709		1,882		—		3,334		10,925
Risk Grade 9		—		—		—		—		—
Subtotal		128,102		228,931		17,933		11,221		386,187
Total	$	915,352	$	1,119,655	$	54,538	$	39,689	$	2,129,234
December 31, 2011
Originated Portfolio:
Risk Grades 1-5	$	706,040	$	692,193	$	54,029	$	14,791	$	1,467,053
Risk Grade 6		20,531		29,788		287		6,874		57,480
Risk Grade 7		26,238		48,648		—		2,400		77,286
Risk Grade 8		9,828		40,130		—		4,593		54,551
Risk Grade 9		898		4,308		—		1,597		6,803
Subtotal		763,535		815,067		54,316		30,255		1,663,173
Acquired Portfolio:
Risk Grades 1-5		111,846		231,669		18,883		8,358		370,756
Risk Grade 6		9,990		14,346		—		1,277		25,613
Risk Grade 7		3,101		8,556		—		596		12,253
Risk Grade 8		6,678		2,361		156		4,335		13,530
Risk Grade 9		—		—		—		—		—
Subtotal		131,615		256,932		19,039		14,566		422,152
Total	$	895,150	$	1,071,999	$	73,355	$	44,821	$	2,085,325
June 30, 2011
Originated Portfolio:
Risk Grades 1-5	$	637,709	$	673,117	$	69,609	$	15,684	$	1,396,119
Risk Grade 6		26,240		22,354		290		7,842		56,726
Risk Grade 7		20,766		49,993		182		651		71,592
Risk Grade 8		12,955		53,494		—		6,844		73,293
Risk Grade 9		1,431		3,830		—		2,089		7,350
Subtotal		699,101		802,788		70,081		33,110		1,605,080
Acquired Portfolio:
Risk Grades 1-5		121,952		236,604		20,918		11,405		390,879
Risk Grade 6		7,127		11,126		—		1,749		20,002
Risk Grade 7		7,904		10,881		—		653		19,438
Risk Grade 8		6,285		4,207		153		4,282		14,927
Risk Grade 9		35		—		—		—		35
Subtotal		143,303		262,818		21,071		18,089		445,281
Total	$	842,404	$	1,065,606	$	91,152	$	51,199	$	2,050,361

Recorded investment of loans in the consumer loan portfolio based on the credit risk profile of loans in a performing and nonperforming status

	Real  Estate Residential		Consumer Installment		Home Equity		Total Consumer
	(In thousands)
June 30, 2012
Originated Loans:
Performing	$	839,464	$	531,701	$	378,196	$	1,749,361
Nonperforming		17,551		1,182		3,969		22,702
Subtotal		857,015		532,883		382,165		1,772,063
Acquired Loans:
Performing		15,773		2,400		42,134		60,307
Nonperforming		426		—		312		738
Subtotal		16,199		2,400		42,446		61,045
Total	$	873,214	$	535,283	$	424,611	$	1,833,108
December 31, 2011
Originated Loans:
Performing	$	818,044	$	479,237	$	349,850	$	1,647,131
Nonperforming		22,708		1,707		3,783		28,198
Subtotal		840,752		480,944		353,633		1,675,329
Acquired Loans:
Performing		19,387		3,114		46,091		68,592
Nonperforming		1,577		—		462		2,039
Subtotal		20,964		3,114		46,553		70,631
Total	$	861,716	$	484,058	$	400,186	$	1,745,960
June 30, 2011
Originated Loans:
Performing	$	771,086	$	509,114	$	300,828	$	1,581,028
Nonperforming		30,930		3,215		4,926		39,071
Subtotal		802,016		512,329		305,754		1,620,099
Acquired Loans:
Performing		22,750		5,076		48,245		76,071
Nonperforming		1,094		—		385		1,479
Subtotal		23,844		5,076		48,630		77,550
Total	$	825,860	$	517,405	$	354,384	$	1,697,649

Summary of nonperforming loans

	June  30, 2012		December  31, 2011		June  30, 2011
	(In thousands)
Nonaccrual loans:
Commercial	$	12,673	$	10,726	$	14,386
Real estate commercial		41,691		44,438		57,324
Real estate construction and land development		3,485		6,190		8,933
Real estate residential		12,613		12,573		17,809
Consumer installment and home equity		3,994		4,467		6,898
Total nonaccrual loans		74,456		78,394		105,350
Accruing loans contractually past due 90 days or more as to interest or principal payments:
Commercial		300		1,381		629
Real estate commercial		269		374		143
Real estate construction and land development		—		287		—
Real estate residential		840		752		1,729
Consumer installment and home equity		1,157		1,023		1,243
Total accruing loans contractually past due 90 days or more as to interest or principal payments		2,566		3,817		3,744
Nonperforming TDRs:
Commercial loan portfolio		11,691		14,675		15,443
Consumer loan portfolio		4,098		9,383		11,392
Total nonperforming TDRs		15,789		24,058		26,835
Total nonperforming loans	$	92,811	$	106,269	$	135,929

Schedule of Impaired loans by classes

	Recorded Investment		Unpaid Principal Balance		Related Valuation Allowance
	(In thousands)
June 30, 2012
Impaired loans with a valuation allowance:
Commercial	$	4,112	$	4,813	$	1,423
Real estate commercial		19,581		21,555		5,750
Real estate construction		181		181		134
Land development		972		1,008		154
Real estate residential		18,399		18,399		677
Subtotal	$	43,245	$	45,956	$	8,138
Impaired loans with no related valuation allowance:
Commercial		23,690		28,827		—
Real estate commercial		38,947		51,008		—
Real estate construction		227		1,394		—
Land development		7,467		9,516		—
Real estate residential		12,613		12,613		—
Consumer installment		1,182		1,182		—
Home equity		2,812		2,812		—
Subtotal		86,938		107,352		—
Total impaired loans:
Commercial		27,802		33,640		1,423
Real estate commercial		58,528		72,563		5,750
Real estate construction		408		1,575		134
Land development		8,439		10,524		154
Real estate residential		31,012		31,012		677
Consumer installment		1,182		1,182		0
Home equity		2,812		2,812		0
Total	$	130,183	$	153,308		8,138
December 31, 2011
Impaired loans with a valuation allowance:
Commercial	$	6,362	$	7,650	$	1,480
Real estate commercial		20,050		21,370		6,775
Land development		902		934		327
Real estate residential		25,012		25,012		704
Subtotal		52,326		54,966		9,286
Impaired loans with no related valuation allowance:
Commercial		19,559		29,349		—
Real estate commercial		40,953		54,249		—
Real estate construction		156		934		—
Land development		10,187		15,788		—
Real estate residential		12,573		12,573		—
Consumer installment		1,707		1,707		—
Home equity		2,760		2,760		—
Subtotal		87,895		117,360		—
Total impaired loans:
Commercial		25,921		36,999		1,480
Real estate commercial		61,003		75,619		6,775
Real estate construction		156		934		—
Land development		11,089		16,722		327
Real estate residential		37,585		37,585		704
Consumer installment		1,707		1,707		—
Home equity		2,760		2,760		—
Total	$	140,221	$	172,326	$	9,286

	Recorded Investment		Unpaid Principal Balance		Related Valuation Allowance
	(In thousands)
June 30, 2011
Impaired loans with a valuation allowance:
Commercial	$	7,278	$	9,096	$	2,127
Real estate commercial		29,681		31,417		8,227
Land development		2,225		2,234		522
Real estate residential		22,156		22,156		745
Subtotal		61,340		64,903		11,621
Impaired loans with no related valuation allowance:
Commercial		22,315		29,976		—
Real estate commercial		43,258		57,680		—
Real estate construction		152		1,124		—
Land development		11,872		17,625		—
Real estate residential		17,809		17,809		—
Consumer installment		3,205		3,205		—
Home equity		3,693		3,693		—
Subtotal		102,304		131,112		—
Total impaired loans:
Commercial		29,593		39,072		2,127
Real estate commercial		72,939		89,097		8,227
Real estate construction		152		1,124		—
Land development		14,097		19,859		522
Real estate residential		39,965		39,965		745
Consumer installment		3,205		3,205		—
Home equity		3,693		3,693		—
Total	$	163,644	$	196,015	$	11,621

Schedule presents information related to impaired loans

	Three Months Ended June 30, 2012				Six Months Ended June 30, 2012
	Average Recorded Investment		Interest  Income Recognized While on Impaired Status		Average Recorded Investment		Interest  Income Recognized While on Impaired Status
	(In thousands)
Commercial	$	29,018	$	279	$	27,183	$	453
Real estate commercial		59,903		202		61,333		430
Real estate construction		435		—		249		—
Land development		8,301		73		8,014		145
Real estate residential		35,100		350		36,365		743
Consumer installment		1,219		—		1,379		—
Home equity		2,966		—		2,895		—
Total	$	136,942	$	904	$	137,418	$	1,771

	Three Months Ended June 30, 2011				Six Months Ended June 30, 2011
	Average Recorded Investment		Interest  Income Recognized While on Impaired Status		Average Recorded Investment		Interest  Income Recognized While on Impaired Status
	(In thousands)
Commercial	$	29,814	$	216	$	31,279	$	541
Real estate commercial		71,050		152		72,464		396
Real estate construction		196		15		216		30
Land development		13,750		107		14,203		196
Real estate residential		39,369		248		37,777		485
Consumer installment		3,032		—		2,808		—
Home equity		3,384		—		3,091		—
Total	$	160,595	$	738	$	161,838	$	1,648

Schedule representing the aging status of the recorded investment in loans by classes

	31-60 Days Past Due		61-89 Days Past Due		Accruing Loans Past Due 90 Days or More		Nonaccrual Loans		Total Past Due		Current		Total Loans
	(In thousands)
June 30, 2012
Originated Portfolio:
Commercial	$	5,089	$	1,838	$	300	$	12,673	$	19,900	$	767,350	$	787,250
Real estate commercial		8,595		556		269		41,691		51,111		839,613		890,724
Real estate construction		—		—		—		408		408		36,197		36,605
Land development		728		187		—		3,077		3,992		24,476		28,468
Real estate residential		2,568		94		840		12,613		16,115		840,900		857,015
Consumer installment		2,743		201		—		1,182		4,126		528,757		532,883
Home equity		1,013		660		1,157		2,812		5,642		376,523		382,165
Total	$	20,736	$	3,536	$	2,566	$	74,456	$	101,294	$	3,413,816	$	3,515,110
Acquired Portfolio:
Commercial	$	57	$	—	$	5,919	$	—	$	5,976	$	122,126	$	128,102
Real estate commercial		1,016		—		3,291		—		4,307		224,624		228,931
Real estate construction		—		—		—		—		—		17,933		17,933
Land development		—		—		3,607		—		3,607		7,614		11,221
Real estate residential		75		—		426		—		501		15,698		16,199
Consumer installment		12		—		—		—		12		2,388		2,400
Home equity		258		—		312		—		570		41,826		42,446
Total	$	1,418	$	—	$	13,555	$	—	$	14,973	$	432,259	$	447,232
December 31, 2011
Originated Portfolio:
Commercial	$	5,207	$	6,268	$	1,381	$	10,726	$	23,582	$	739,953	$	763,535
Real estate commercial		9,967		3,241		374		44,438		58,020		757,047		815,067
Real estate construction		—		—		287		—		287		54,029		54,316
Land development		—		—		—		6,190		6,190		24,065		30,255
Real estate residential		5,591		76		752		12,573		18,992		821,760		840,752
Consumer installment		3,449		1,174		—		1,707		6,330		474,614		480,944
Home equity		2,038		408		1,023		2,760		6,229		347,404		353,633
Total	$	26,252	$	11,167	$	3,817	$	78,394	$	119,630	$	3,218,872	$	3,338,502
Acquired Portfolio:
Commercial	$	394	$	—	$	7,808	$	—	$	8,202	$	123,413	$	131,615
Real estate commercial		1,820		—		2,592		—		4,412		252,520		256,932
Real estate construction		—		—		156		—		156		18,883		19,039
Land development		—		—		4,780		—		4,780		9,786		14,566
Real estate residential		288		—		1,577		—		1,865		19,099		20,964
Consumer installment		49		11		—		—		60		3,054		3,114
Home equity		641		262		462		—		1,365		45,188		46,553
Total	$	3,192	$	273	$	17,375	$	—	$	20,840	$	471,943	$	492,783
June 30, 2011
Originated Portfolio:
Commercial	$	6,480	$	2,888	$	629	$	14,386	$	24,383	$	674,718	$	699,101
Real estate commercial		11,256		3,479		143		57,324		72,202		730,586		802,788
Real estate construction		—		290		—		—		290		69,791		70,081
Land development		209		—		—		8,933		9,142		23,968		33,110
Real estate residential		7,284		226		1,729		17,809		27,048		774,968		802,016
Consumer installment		4,302		1,056		—		3,205		8,563		503,766		512,329
Home equity		2,635		702		1,243		3,693		8,273		297,481		305,754
Total	$	32,166	$	8,641	$	3,744	$	105,350	$	149,901	$	3,075,278	$	3,225,179
Acquired Portfolio:
Commercial	$	18	$	—	$	7,659	$	—	$	7,677	$	135,626	$	143,303
Real estate commercial		368		—		4,235		—		4,603		258,215		262,818
Real estate construction		—		—		152		—		152		20,919		21,071
Land development		—		—		5,045		—		5,045		13,044		18,089
Real estate residential		128		—		1,094		—		1,222		22,622		23,844
Consumer installment		168		62		—		—		230		4,846		5,076
Home equity		370		107		385		—		862		47,768		48,630
Total	$	1,052	$	169	$	18,570	$	—	$	19,791	$	503,040	$	522,831

Schedule of Corporation's TDRs

	Performing		Nonperforming		Total
	(In thousands)
June 30, 2012
Commercial loan portfolio	$	12,082	$	11,691	$	23,773
Consumer loan portfolio		14,301		4,098		18,399
Total	$	26,383	$	15,789	$	42,172
December 31, 2011
Commercial loan portfolio	$	4,765	$	14,675	$	19,440
Consumer loan portfolio		15,629		9,383		25,012
Total	$	20,394	$	24,058	$	44,452
June 30, 2011
Commercial loan portfolio	$	2,125	$	15,443	$	17,568
Consumer loan portfolio		10,764		11,392		22,156
Total	$	12,889	$	26,835	$	39,724

Schedule providing information on performing and nonperforming TDRs

	Three Months Ended June 30, 2012						Six Months Ended June 30, 2012
	Number of  Loans		Pre- Modification Recorded Investment		Post- Modification Recorded Investment		Number of  Loans		Pre- Modification Recorded Investment		Post- Modification Recorded Investment
	(Dollars in thousands)
Commercial loan portfolio:
Commercial		5	$	1,964	$	1,964		10	$	3,225	$	3,225
Real estate commercial		6		2,309		2,309		11		3,839		3,839
Land development		—		—		—		1		1,638		1,638
Subtotal – commercial loan portfolio		11		4,273		4,273		22		8,702		8,702
Consumer loan portfolio (real estate residential)		22		1,776		1,711		42		4,931		4,772
Total		33	$	6,049	$	5,984		64	$	13,633	$	13,474

	Three Months Ended June 30, 2011						Six Months Ended June 30, 2011
	Number of  Loans		Pre- Modification Recorded Investment		Post- Modification Recorded Investment		Number of  Loans		Pre- Modification Recorded Investment		Post- Modification Recorded Investment
	(Dollars in thousands)
Commercial loan portfolio:
Commercial		5	$	759	$	759		14	$	2,267	$	2,267
Real estate commercial		7		1,870		1,870		12		3,429		3,429
Subtotal – commercial loan portfolio		12		2,629		2,629		26		5,696		5,696
Consumer loan portfolio (real estate residential)		27		2,591		2,491		49		4,802		4,634
Total		39	$	5,220	$	5,120		75	$	10,498	$	10,330

Troubled debt restructurings on financing receivables with defaults payment

	With Payment Defaults During the Following Periods:
	Three Months Ended June 30, 2012				Six Months Ended June 30, 2012
	Number of		Principal Balance at		Number of		Principal Balance at
	Loans		June 30, 2012		Loans		June 30, 2012
	(Dollars in thousands)
Commercial loan portfolio:
Commercial		—	$	—		1	$	60
Real estate commercial		1		69		2		836
Subtotal – commercial loan portfolio		1		69		3		896
Consumer loan portfolio (real estate residential)		2		170		4		384
Total		3	$	239		7	$	1,280

Schedule of allowance and recorded investment related to financing receivables segregated by portfolio segment

	Commercial Loan Portfolio			Consumer Loan Portfolio			Unallocated			Total
	(In thousands)
Changes in allowance for loan losses for the three months ended June 30, 2012:
Beginning balance	$	54,917		$	27,726		$	5,142		$	87,785
Provision for loan losses		1,601			4,373			(1,974	)		4,000
Charge-offs		(3,197	)		(2,975	)		—			(6,172	)
Recoveries		438			660			—			1,098
Ending balance	$	53,759		$	29,784		$	3,168		$	86,711
Changes in allowance for loan losses for the six months ended June 30, 2012:
Beginning balance	$	55,645		$	29,166		$	3,522		$	88,333
Provision for loan losses		3,638			5,716			(354	)		9,000
Charge-offs		(6,576	)		(6,143	)		—			(12,719	)
Recoveries		1,052			1,045			—			2,097
Ending balance	$	53,759		$	29,784		$	3,168		$	86,711
Allowance for loan losses balance at June 30, 2012 attributable to:
Loans individually evaluated for impairment	$	7,461		$	677		$	—		$	8,138
Loans collectively evaluated for impairment		44,698			28,507			3,168			76,373
Loans acquired with deteriorated credit quality		1,600			600			—			2,200
Total	$	53,759		$	29,784		$	3,168		$	86,711
Recorded investment (loan balance) at June 30, 2012:
Loans individually evaluated for impairment	$	81,622		$	18,399		$	—		$	100,021
Loans collectively evaluated for impairment		1,661,425			1,753,664			—			3,415,089
Loans acquired with deteriorated credit quality		386,187			61,045			—			447,232
Total	$	2,129,234		$	1,833,108		$	—		$	3,962,342

	Commercial Loan Portfolio		Consumer Loan Portfolio		Unallocated		Total
	(In thousands)
Allowance for loan losses balance at December 31, 2011 attributable to:
Loans individually evaluated for impairment	$	8,582	$	704	$	—	$	9,286
Loans collectively evaluated for impairment		45,863		28,062		3,522		77,447
Loans acquired with deteriorated credit quality		1,200		400		—		1,600
Total	$	55,645	$	29,166	$	3,522	$	88,333
Recorded investment (loan balance) at December 31, 2011:
Loans individually evaluated for impairment	$	80,794	$	25,012	$	—	$	105,806
Loans collectively evaluated for impairment		1,582,379		1,650,317		—		3,232,696
Loans acquired with deteriorated credit quality		422,152		70,631		—		492,783
Total	$	2,085,325	$	1,745,960	$	—	$	3,831,285

	Commercial Loan Portfolio			Consumer Loan Portfolio			Unallocated			Total
	(In thousands)
Changes in allowance for loan losses for the three months ended June 30, 2011:
Beginning balance	$	57,526		$	27,417		$	4,731		$	89,674
Provision for loan losses		5,395			4,458			(2,853	)		7,000
Charge-offs		(5,276	)		(3,030	)		—			(8,306	)
Recoveries		927			438			—			1,365
Ending balance	$	58,572		$	29,283		$	1,878		$	89,733
Changes in allowance for loan losses for the six months ended June 30, 2011:
Beginning balance	$	59,443		$	27,338		$	2,749		$	89,530
Provision for loan losses		9,090			6,281			(871	)		14,500
Charge-offs		(11,190	)		(5,758	)		—			(16,948	)
Recoveries		1,229			1,422			—			2,651
Ending balance	$	58,572		$	29,283		$	1,878		$	89,733
Allowance for loan losses balance at June 30, 2011 attributable to:
Loans individually evaluated for impairment	$	10,876		$	745		$	—		$	11,621
Loans collectively evaluated for impairment		47,696			28,538			1,878			78,112
Loans acquired with deteriorated credit quality		—			—			—			—
Total	$	58,572		$	29,283		$	1,878		$	89,733
Recorded investment (loan balance) at June 30, 2011:
Loans individually evaluated for impairment	$	98,211		$	22,156		$	—		$	120,367
Loans collectively evaluated for impairment		1,506,869			1,597,943			—			3,104,812
Loans acquired with deteriorated credit quality		445,281			77,550			—			522,831
Total	$	2,050,361		$	1,697,649		$	—		$	3,748,010