Loans (Tables)

6 Months Ended

Jun. 30, 2012

Non Covered and Covered Loans Outstanding [Table Text Block]

Total noncovered and covered loans outstanding as of June 30, 2012, December 31, 2011 and June 30, 2011 were as follows:



	June 30, 2012			December 31, 2011			June 30, 2011
Commercial	$	5,404,971		$	5,107,747		$	4,808,305
Residential mortgage	438,147			413,664			400,661
Installment	1,262,877			1,263,665			1,259,072
Home equity	766,840			743,982			738,719
Credit card	142,586			146,356			143,828
Leases	84,507			73,530			57,634
Total noncovered loans (a)	8,099,928			7,748,944			7,408,219
Allowance for noncovered loan losses	(103,849		)	(107,699		)	(109,187		)
Net noncovered loans	7,996,079			7,641,245			7,299,032
Covered loans (b)	1,271,888			1,497,140			1,755,107
Allowance for covered loan losses	(42,606		)	(36,417		)	(33,360		)
Net covered loans	1,229,282			1,460,723			1,721,747
Net loans	$	9,225,361		$	9,101,968		$	9,020,779


(a)	Includes acquired, noncovered loans of $67.9 million, $113.2 million and $192.2 million as of June 30, 2012,

December 31, 2011 and June 30, 2011, respectively.


(b)	Includes loss share receivable of $152.6 million, $205.7 million and $239.4 million as of June 30, 2012, December 31, 2011 and June 30, 2011, respectively.

Changes in Loss Share Receivable Associated with Covered Loans [Table Text Block]

Changes in the loss share receivable associated with covered loans for the three and six months ended June 30, 2012 and 2011 were as follows:



	Three Months Ended						Six Months Ended
	June 30, 2012			June 30, 2011			June 30, 2012			June 30, 2011
Balance at beginning of period	$	171,136		$	265,981		$	205,664		$	288,605
Accretion	(8,877		)	(9,868		)	(18,534		)	(21,498		)
Increase due to impairment	6,218			7,675			11,117			22,854
FDIC reimbursement	(10,651		)	(22,771		)	(38,081		)	(48,402		)
Covered loans paid in full	(5,211		)	(1,593		)	(7,551		)	(2,135		)
Balance at end of the period	$	152,615		$	239,424		$	152,615		$	239,424

Past Due Financing Receivables [Table Text Block]



As of June 30, 2012

Legacy Loans													≥ 90 Days Past Due and Accruing (a)
	Days Past Due						Total Past Due		Current		Total Loans					Nonaccrual Loans
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans					Nonaccrual Loans
Commercial
C&I	$	2,688	$	291	$	3,272	$	6,251	$	2,965,741	$	2,971,992	$	—	$	11,119
CRE	9,503		1,338		12,810		23,651		2,064,261		2,087,912		460		22,621
Construction	646		—		1,653		2,299		296,910		299,209		—		1,794
Leases	—		—		—		—		84,507		84,507		—		—
Consumer
Installment	8,338		2,889		4,738		15,965		1,244,869		1,260,834		4,384		355
Home Equity Lines	1,208		772		1,014		2,994		745,468		748,462		1		1,088
Credit Cards	783		517		772		2,072		140,514		142,586		289		502
Residential Mortgages	10,561		4,531		7,856		22,948		413,548		436,496		1,411		6,361
Total	$	33,727	$	10,338	$	32,115	$	76,180	$	7,955,818	$	8,031,998	$	6,545	$	43,840



Acquired Loans (Noncovered)
	Days Past Due						Total Past Due		Current		Total Loans		≥ 90 Days Past Due and Accruing			Nonaccrual Loans
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans		≥ 90 Days Past Due and Accruing			Nonaccrual Loans
Commercial
C&I	$	—	$	—	$	63	$	63	$	8,947	$	9,010	$	—	$	69
CRE	364		—		2,670		3,034		33,814		36,848		—		2,778
Consumer
Installment	—		—		—		—		2,043		2,043		—		—
Home Equity Lines	607		—		—		607		17,771		18,378		—		—
Residential Mortgages	—		—		—		—		1,651		1,651		—		—
Total	$	971	$	—	$	2,733	$	3,704	$	64,226	$	67,930	$	—	$	2,847



Covered Loans (b)													≥ 90 Days Past Due and Accruing(c)
	Days Past Due						Total Past Due		Current		Total Loans			Nonaccrual Loans (c)
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans			Nonaccrual Loans (c)
Commercial
C&I	$	3,299	$	1,454	$	25,146	$	29,899	$	137,089	$	166,988	n/a	n/a
CRE	17,443		24,079		161,282		202,804		471,487		674,291		n/a	n/a
Construction	—		1,034		49,501		50,535		23,224		73,759		n/a	n/a
Consumer
Installment	—		615		22		637		8,198		8,835		n/a	n/a
Home Equity Lines	1,690		643		1,314		3,647		125,981		129,628		n/a	n/a
Residential Mortgages	11,452		1,571		9,509		22,532		43,240		65,772		n/a	n/a
Total	$	33,884	$	29,396	$	246,774	$	310,054	$	809,219	$	1,119,273	n/a	n/a


(a)	Installment loans 90 days or more past due and accruing include $3.5 million of loans guaranteed by the U.S. government as of June 30, 2012.


(b)	Excludes loss share receivable of $152.6 million as of June 30, 2012.

(c)

Acquired impaired loans were not classified as nonperforming assets at June 30, 2012 as the loans are considered to be performing under ASC 310-30. As a result interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired impaired loans. These asset quality disclosures are, therefore, not applicable to acquired impaired loans.



As of December 31, 2011

Legacy Loans							Total Past Due		Current		Total Loans		≥ 90 Days Past Due and Accruing (a)		Nonaccrual Loans
	Days Past Due
	30-59		60-89		≥ 90
Commercial
C&I	$	1,521	$	940	$	5,490	$	7,951	$	2,740,751	$	2,748,702	$	465	$	9,266
CRE	6,187		4,819		29,976		40,982		1,951,211		1,992,193		984		36,025
Construction	39		—		7,837		7,876		269,459		277,335		609		7,575
Leases	—		—		—		—		73,530		73,530		—		—
Consumer
Installment	11,531		3,388		5,167		20,086		1,241,059		1,261,145		4,864		624
Home Equity Lines	2,627		778		1,241		4,646		720,045		724,691		796		1,102
Credit Cards	1,090		707		1,019		2,816		143,540		146,356		403		622
Residential Mortgages	11,778		2,059		9,719		23,556		388,268		411,824		3,252		6,468
Total	$	34,773	$	12,691	$	60,449	$	107,913	$	7,527,863	$	7,635,776	$	11,373	$	61,682



Acquired Loans (Noncovered)							Total Past Due		Current		Total Loans		≥ 90 Days Past Due and Accruing		Nonaccrual Loans
	Days Past Due
	30-59		60-89		≥ 90
Commercial
C&I	$	—	$	—	$	66	$	66	$	26,708	$	26,774	$	—	$	69
CRE	—		452		1,675		2,127		60,616		62,743		—		2,880
Consumer
Installment	—		—		1		1		2,519		2,520		1		—
Home Equity Lines	67		—		1		68		19,223		19,291		2		—
Residential Mortgages	—		—		—		—		1,840		1,840		—		—
Total	$	67	$	452	$	1,743	$	2,262	$	110,906	$	113,168	$	3	$	2,949



Covered Loans (b)							Total Past Due		Current		Total Loans		≥ 90 Days Past Due and Accruing (c)	Nonaccrual Loans (c)
	Days Past Due
	30-59		60-89		≥ 90
Commercial
C&I	$	7,451	$	2,137	$	25,801	$	35,389	$	162,150	$	197,539	n/a	n/a
CRE	20,379		12,895		170,795		204,069		573,779		777,848		n/a	n/a
Construction	4,206		1,674		57,978		63,858		26,051		89,909		n/a	n/a
Consumer
Installment	24		25		60		109		10,013		10,122		n/a	n/a
Home Equity Lines	2,656		1,094		1,088		4,838		136,710		141,548		n/a	n/a
Residential Mortgages	14,106		164		14,254		28,524		45,986		74,510		n/a	n/a
Total	$	48,822	$	17,989	$	269,976	$	336,787	$	954,689	$	1,291,476	n/a	n/a


(a)	Installment loans 90 days or more past due and accruing include $3.0 million of loans guaranteed by the U.S. government as of December 31, 2011.


(b)	Excludes loss share receivable of $205.7 million as of December 31, 2011.

(c)

Acquired impaired loans were not classified as nonperforming assets at December 31, 2011 as the loans are considered to be performing under ASC 310-30. As a result interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired impaired loans. These asset quality disclosures are, therefore, not applicable to acquired impaired loans.



As of June 30, 2011

Legacy Loans													≥ 90 Days Past Due and Accruing
	Days Past Due						Total Past Due		Current		Total Loans				Nonaccrual Loans
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans				Nonaccrual Loans
Commercial
C&I	$	3,415	$	6,346	$	3,102	$	12,863	$	2,402,784	$	2,415,647	$	202	$	5,168
CRE	8,286		4,848		42,535		55,669		1,917,646		1,973,315		1,900		47,164
Construction	529		2,091		10,150		12,770		240,609		253,379		31		10,495
Leases	—		—		—		—		57,634		57,634		—		—
Consumer
Installment	9,636		3,243		5,055		17,934		1,238,299		1,256,233		3,316		787
Home Equity Lines	2,086		835		571		3,492		713,297		716,789		571		938
Credit Cards	915		496		797		2,208		141,620		143,828		349		563
Residential Mortgages	9,559		1,560		8,129		19,248		379,942		399,190		3,715		6,663
Total	$	34,426	$	19,419	$	70,339	$	124,184	$	7,091,831	$	7,216,015	$	10,084	$	71,778



Acquired Loans (Noncovered)													≥ 90 Days Past Due and Accruing
	Days Past Due						Total Past Due		Current		Total Loans				Nonaccrual Loans
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans				Nonaccrual Loans
Commercial
C&I	$	177	$	169	$	68	$	414	$	53,807	$	54,221	$	—	$	68
CRE	4,110		309		3,676		8,095		103,648		111,743		2,883		793
Consumer
Installment	3		70		15		88		2,751		2,839		15		—
Home Equity Lines	140		—		19		159		21,771		21,930		19		—
Residential Mortgages	62		—		—		62		1,409		1,471		—		—
Total	$	4,492	$	548	$	3,778	$	8,818	$	183,386	$	192,204	$	2,917	$	861



Covered Loans (b)													≥ 90 Days Past Due and Accruing(c)
	Days Past Due						Total Past Due		Current		Total Loans			Nonaccrual Loans (c)
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans			Nonaccrual Loans (c)
Commercial
C&I	$	4,969	$	7,569	$	39,501	$	52,039	$	184,482	$	236,521	n/a	n/a
CRE	27,684		35,750		205,958		269,392		660,039		929,431		n/a	n/a
Construction	139		673		73,265		74,077		27,841		101,918		n/a	n/a
Consumer
Installment	41		33		2,074		2,148		9,379		11,527		n/a	n/a
Home Equity Lines	1,174		1,428		403		3,005		148,961		151,966		n/a	n/a
Residential Mortgages	17,105		1,278		9,809		28,192		56,128		84,320		n/a	n/a
Total	$	51,112	$	46,731	$	331,010	$	428,853	$	1,086,830	$	1,515,683	n/a	n/a


(a)	Installment loans 90 days or more past due and accruing include $2.5 million of loans guaranteed by the U.S. government as of June 30, 2011.


(b)	Excludes loss share receivable of $239.4 million as of June 30, 2011.

(c)

Acquired impaired loans were not classified as nonperforming assets at June 30, 2011 as the loans are considered to be performing under ASC 310-30. As a result interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired impaired loans. These asset quality disclosures are, therefore, not applicable to acquired impaired loans

Changes in Carrying Amount of Accretable Yield for Purchased Loans [Table Text Block]

Changes in the carrying amount and accretable yield for Acquired Impaired Loans were as follows for the three and six months ended June 30, 2012 and 2011:



	Three Months Ended												Six Months Ended
	June 30, 2012						June 30, 2011						June 30, 2012						June 30, 2011
	Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount
Balance at beginning of period	$	161,292		$	1,043,519		$	212,446		$	1,425,758		$	176,736		$	1,128,978		$	227,652		$	1,512,817
Accretion	(25,405		)	25,405			(34,237		)	34,237			(51,847		)	51,847			(70,124		)	70,124
Net Reclassifications from non-accretable to accretable	12,993			—			18,712			—			24,806			—			39,958			—
Payments, received, net	—			(104,610		)	—			(122,074		)	—			(216,511		)	—			(245,020		)
Disposals	(1,304		)	—			(396		)	—			(2,119		)	—			(961		)	—
Balance at end of period	$	147,576		$	964,314		$	196,525		$	1,337,921		$	147,576		$	964,314		$	196,525		$	1,337,921

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables provide a summary of loans by portfolio type and the Corporation’s internal credit quality rating:



As of June 30, 2012

Legacy Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	41,042	$	—	$	—	$	13,141
Grade 2	94,362		3,432		—		114
Grade 3	562,886		313,337		19,800		9,372
Grade 4	2,141,353		1,615,003		268,496		61,522
Grade 5	53,427		67,758		3,885		—
Grade 6	78,922		88,382		7,028		358
Grade 7	—		—		—		—
	$	2,971,992	$	2,087,912	$	299,209	$	84,507



Acquired Loans (Noncovered)
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	—		—		—		—
Grade 4	8,809		32,562		—		—
Grade 5	—		—		—		—
Grade 6	201		4,286		—		—
Grade 7	—		—		—		—
	$	9,010	$	36,848	$	—	$	—



Covered Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	36	$	—	$	—	$	—
Grade 2	2,090		—		—		—
Grade 3	90		473		—		—
Grade 4	96,675		270,278		491		—
Grade 5	6,768		51,807		595		—
Grade 6	52,396		346,058		69,851		—
Grade 7	8,933		5,675		2,822		—
	$	166,988	$	674,291	$	73,759	$	—



As of December 31, 2011

Legacy Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	37,607	$	—	$	—	$	10,636
Grade 2	122,124		4,218		615		—
Grade 3	479,119		249,382		16,752		5,868
Grade 4	1,973,671		1,548,420		241,302		57,026
Grade 5	50,789		58,942		4,583		—
Grade 6	85,392		130,968		14,083		—
Grade 7	—		263		—		—
	$	2,748,702	$	1,992,193	$	277,335	$	73,530



Acquired Loans (Noncovered)
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	—		1,871		—		—
Grade 4	26,036		55,129		—		—
Grade 5	—		—		—		—
Grade 6	738		5,743		—		—
Grade 7	—		—		—		—
	$	26,774	$	62,743	$	—	$	—



Covered Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	948	$	—	$	—	$	—
Grade 2	1,376		—		—		—
Grade 3	—		516		—		—
Grade 4	109,360		303,231		487		—
Grade 5	9,661		103,919		1,567		—
Grade 6	69,330		344,445		80,009		—
Grade 7	6,864		25,737		7,846		—
	$	197,539	$	777,848	$	89,909	$	—



As of June 30, 2011

Legacy Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	47,596	$	10,844	$	1,361	$	—
Grade 2	98,521		2,786		—		—
Grade 3	439,392		231,142		25,797		4,451
Grade 4	1,743,893		1,510,966		198,203		53,177
Grade 5	41,771		90,629		7,027		—
Grade 6	44,474		126,796		20,991		6
Grade 7	—		152		—		—
	$	2,415,647	$	1,973,315	$	253,379	$	57,634



Acquired Loans (Noncovered)
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	335		1,977		—		—
Grade 4	52,235		105,292		—		—
Grade 5	863		—		—		—
Grade 6	788		4,474		—		—
Grade 7	—		—		—		—
	$	54,221	$	111,743	$	—	$	—



Covered Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	923	$	—	$	—	$	—
Grade 2	445		—		—		—
Grade 3	4,033		2,659		—		—
Grade 4	98,395		378,213		4,679		—
Grade 5	45,824		191,595		2,551		—
Grade 6	85,410		341,158		84,576		—
Grade 7	1,491		15,806		10,112		—
	$	236,521	$	929,431	$	101,918	$	—

Reconcilation fo Carrying Amount of Acquired Impaired Loans [Table Text Block]

A reconciliation of the contractual required payments receivable to the carrying amount of Acquired Impaired Loans for the three months ended June 30, 2012 and 2011 is as follows:



	June 30, 2012			June 30, 2011
Contractual required payments receivable	$	1,413,526		$	1,857,424
Nonaccretable difference	(301,636		)	(322,978		)
Expected cash flows	1,111,890			1,534,446
Accretable yield	(147,576		)	(196,525		)
Carrying balance	$	964,314		$	1,337,921