Note 9 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	At September 30, 2011
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2 )		Significant Unobservable Inputs (Level 3 )
	(In thousands)
U.S. Treasury securities	$	3,600	$	3,600	$	-	$	-
Securities of U.S. government sponsored entities		128,498		128,498		-		-
Municipal bonds:
Federally tax-exempt - California		84,811		-		84,811		-
Federally tax-exempt - 28 other states		174,032		-		174,032		-
Taxable - California		1,586		-		1,586		-
Taxable - 1 other state		5,382		-		5,382		-
Residential mortgage-backed securities ("MBS"):
Guaranteed by GNMA		39,011		-		39,011		-
Issued by FNMA and FHLMC		60,295		-		60,295		-
Residential collateralized mortgage obligations:
Issued or guaranteed by FNMA, FHLMC, or GNMA		48,657		-		48,657		-
All other		5,646		-		5,646		-
Commercial mortgage-backed securities		4,624		-		4,624		-
Asset-backed securities - government guaranteed student loans		7,651		-		7,651		-
FHLMC and FNMA stock		2,787		2,787		-		-
Corporate securities		112,777		-		112,777		-
Other securities		4,283		2,324		1,959		-
Total securities available for sale	$	683,640	$	137,209	$	546,431	$	-

	At December 31, 2010
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2 )		Significant Unobservable Inputs (Level 3 )
	(In thousands)
U.S. Treasury securities	$	3,542	$	3,542	$	-	$	-
Securities of U.S. government sponsored entities		172,877		172,877		-		-
Municipal bonds:
Federally tax-exempt - California		83,616		-		83,616		-
Federally tax-exempt - 29 other states		170,741		-		170,741		-
Taxable - California		6,276		-		6,276		-
Taxable - 1 other state		500		-		500		-
Residential mortgage-backed securities ("MBS"):
Guaranteed by GNMA		43,557		-		43,557		-
Issued by FNMA and FHLMC		66,272		-		66,272		-
Residential collateralized mortgage obligations:
Issued or guaranteed by FNMA, FHLMC, or GNMA		18,010		-		18,010		-
All other		7,593		-		7,593		-
Commercial mortgage-backed securities		5,065		-		5,065		-
Asset-backed securities - government guaranteed student loans		8,286		-		8,286		-
FHLMC and FNMA stock		655		655		-		-
Corporate securities		79,191		-		79,191		-
Other securities		5,303		3,342		1,961		-
Total securities available for sale	$	671,484	$	180,416	$	491,068	$	-

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]

	At September 30, 2011
	Fair Value		Level 1		Level 2		Level 3		Total Losses
	(In thousands)
Non-covered other real estate owned (1)	$	5,513	$	-	$	5,513	$	-	$	(600	)
Covered other real estate owned (2)		8,651		-		8,651		-		(445	)
Originated impaired loans (3)		1,872		-		1,872		-		-
Total assets measured at fair value on a nonrecurring basis	$	16,036	$	-	$	16,036	$	-	$	(1,045	)

	At December 31, 2010
	Fair Value		Level 1		Level 2		Level 3		Total Losses
	(In thousands)
Non-covered other real estate owned (1)	$	1,863	$	-	$	1,863	$	-	$	(664	)
Originated impaired loans (3)		4,780		-		4,780		-		(829	)
Total assets measured at fair value on a nonrecurring basis	$	6,643	$	-	$	6,643	$	-	$	(1,493	)

Fair Value, by Balance Sheet Grouping [Table Text Block]

	At September 30, 2011				At December 31, 2010
	Carrying		Estimated		Carrying		Estimated
	Amount		Fair Value		Amount		Fair Value
	(In thousands)
Financial Assets
Cash and due from banks	$	459,754	$	459,754	$	338,793	$	338,793
Money market assets		-		-		392		392
Investment securities held to maturity		755,906		778,330		580,728		594,711
Loans		2,601,946		2,640,281		2,886,448		2,923,612
Other assets - FDIC receivable		38,812		38,733		44,738		44,353
Financial Liabilities
Deposits		4,192,383		4,192,443		4,132,961		4,135,113
Short-term borrowed funds		120,917		120,917		107,385		107,385
Federal Home Loan Bank advances		26,078		26,782		61,698		61,833
Debt financing and notes payable		15,000		15,337		26,363		26,811
Other liabilities - restricted performance share grants		1,546		1,546		2,259		2,259