Loans (Tables)

9 Months Ended

Sep. 30, 2012

Non Covered and Covered Loans Outstanding [Table Text Block]

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



	September 30, 2012			December 31, 2011			September 30, 2011
Commercial	$	5,511,678		$	5,107,747		$	5,018,857
Residential mortgage	439,062			413,664			397,309
Installment	1,321,081			1,263,665			1,271,327
Home equity	789,743			743,982			743,377
Credit card	143,918			146,356			142,710
Leases	110,938			73,530			57,992
Total noncovered loans (a)	8,316,420			7,748,944			7,631,572
Allowance for noncovered loan losses	(98,942		)	(107,699		)	(109,187		)
Net noncovered loans	8,217,478			7,641,245			7,522,385
Covered loans (b)	1,174,929			1,497,140			1,647,218
Allowance for covered loan losses	(43,644		)	(36,417		)	(34,603		)
Net covered loans	1,131,285			1,460,723			1,612,615
Net loans	$	9,348,763		$	9,101,968		$	9,135,000


(a)	Includes acquired, noncovered loans of $56.0 million, $113.2 million and $178.0 million as of September 30, 2012, December 31, 2011 and September 30, 2011, respectively.


(b)	Includes loss share receivable of $131.9 million, $205.7 million and $220.5 million as of September 30, 2012, December 31, 2011 and September 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 nine months ended September 30, 2012 and 2011 were as follows:



	Three Months Ended						Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Balance at beginning of period	$	152,615		$	239,424		$	205,664		$	288,605
Accretion	(8,401		)	(9,322		)	(26,935		)	(30,821		)
Increase due to impairment	1,484			8,224			12,601			31,077
FDIC reimbursement	(12,597		)	(14,493		)	(50,678		)	(62,895		)
Covered loans paid in full	(1,229		)	(3,362		)	(8,780		)	(5,495		)
Balance at end of the period	$	131,872		$	220,471		$	131,872		$	220,471

Past Due Financing Receivables [Table Text Block]



As of September 30, 2012

Legacy Loans													≥ 90 Days Past Due and Accruing (a)
	Days Past Due						Total Past Due		Current		Total Loans					Nonaccrual Loans (b)
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans					Nonaccrual Loans (b)
Commercial
C&I	$	8,781	$	2,795	$	1,469	$	13,045	$	3,033,770	$	3,046,815	$	57	$	9,926
CRE	3,197		3,856		14,311		21,364		2,099,760		2,121,124		1,862		17,812
Construction	116		—		853		969		308,136		309,105		—		923
Leases	7		—		—		7		110,931		110,938		—		—
Consumer
Installment	8,884		3,430		4,834		17,148		1,301,995		1,319,143		4,439		3,267
Home Equity Lines	1,784		463		1,311		3,558		768,013		771,571		409		1,858
Credit Cards	991		556		808		2,355		141,563		143,918		393		525
Residential Mortgages	14,364		2,777		6,233		23,374		414,438		437,812		2,399		13,169
Total	$	38,124	$	13,877	$	29,819	$	81,820	$	8,178,606	$	8,260,426	$	9,559	$	47,480



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	$	—	$	—	$	50	$	50	$	2,366	$	2,416	$	—	$	69
CRE	—		—		2,565		2,565		29,653		32,218		—		2,762
Consumer
Installment	50		—		—		50		1,888		1,938		—		—
Home Equity Lines	56		9		100		165		18,007		18,172		132		—
Residential Mortgages	63		—		—		63		1,187		1,250		—		—
Total	$	169	$	9	$	2,715	$	2,893	$	53,101	$	55,994	$	132	$	2,831



Covered Loans (c)													≥ 90 Days Past Due and Accruing (d)
	Days Past Due						Total Past Due		Current		Total Loans			Nonaccrual Loans (d)
	30-59		60-89		≥ 90		Total Past Due		Current		Total Loans			Nonaccrual Loans (d)
Commercial
C&I	$	2,962	$	973	$	27,035	$	30,970	$	131,721	$	162,691	n/a	n/a
CRE	4,965		21,919		184,067		210,951		412,323		623,274		n/a	n/a
Construction	—		998		41,325		42,323		19,453		61,776		n/a	n/a
Consumer
Installment	2,289		—		35		2,324		6,036		8,360		n/a	n/a
Home Equity Lines	1,398		435		1,981		3,814		119,364		123,178		n/a	n/a
Residential Mortgages	10,382		1,248		8,576		20,206		43,573		63,779		n/a	n/a
Total	$	21,996	$	25,573	$	263,019	$	310,588	$	732,470	$	1,043,058	n/a	n/a


(a)	Installment loans 90 days or more past due and accruing include $3.1 million of loans guaranteed by the U.S. government as of September 30, 2012.


(b)	Nonaccrual loans at September 30, 2012 include $10.6 million of loans resulting from consumer loans classified as troubled debt restructurings where the borrower's obligation to the Corporation has been restructured in bankruptcy.


(c)	Excludes loss share receivable of $131.9 million as of September 30, 2012.

(d)

Acquired impaired loans were not classified as nonperforming assets at September 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 September 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	$	12,639	$	6,255	$	5,361	$	24,255	$	2,633,735	$	2,657,990	$	123	$	6,096
CRE	5,145		11,030		33,003		49,178		1,907,048		1,956,226		—		39,560
Construction	779		1,719		8,943		11,441		241,137		252,578		—		10,580
Leases	—		—		—		—		57,992		57,992		—		—
Consumer
Installment	9,090		4,225		5,052		18,367		1,249,676		1,268,043		1,125		438
Home Equity Lines	2,474		731		922		4,127		718,494		722,621		922		753
Credit Cards	1,222		701		771		2,694		140,016		142,710		357		614
Residential Mortgages	9,687		2,412		7,648		19,747		375,706		395,453		1,481		6,166
Total	$	41,036	$	27,073	$	61,700	$	129,809	$	7,323,804	$	7,453,613	$	4,008	$	64,207



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	$	448	$	—	$	138	$	586	$	43,682	$	44,268	$	—	$	138
CRE	1,746		1,696		3,284		6,726		101,069		107,795		394		3,558
Consumer
Installment	1		—		—		1		3,283		3,284		—		—
Home Equity Lines	—		37		1		38		20,718		20,756		1		—
Residential Mortgages	78		—		—		78		1,778		1,856		—		—
Total	$	2,273	$	1,733	$	3,423	$	7,429	$	170,530	$	177,959	$	395	$	3,696



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	$	3,913	$	2,108	$	32,491	$	38,512	$	178,882	$	217,394	n/a	n/a
CRE	17,486		11,963		198,957		228,406		649,812		878,218		n/a	n/a
Construction	913		1,346		68,016		70,275		29,779		100,054		n/a	n/a
Consumer
Installment	505		136		42		683		10,455		11,138		n/a	n/a
Home Equity Lines	500		896		979		2,375		143,757		146,132		n/a	n/a
Residential Mortgages	14,807		1,062		9,364		25,233		48,578		73,811		n/a	n/a
Total	$	38,124	$	17,511	$	309,849	$	365,484	$	1,061,263	$	1,426,747	n/a	n/a

(a) Installment loans 90 days or more past due and accruing include $2.6 million of loans guaranteed by the U.S. government as of September 30, 2011.

(b) Excludes loss share receivable of $220.5 million as of September 30, 2011.

(c) Acquired impaired loans were not classified as nonperforming assets at September 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 nine months ended September 30, 2012 and 2011:



	Three Months Ended												Nine Months Ended
	September 30, 2012						September 30, 2011						September 30, 2012						September 30, 2011
	Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount			Accretable Yield			Carrying Amount
Balance at beginning of period	$	147,576		$	964,314		$	196,525		$	1,337,921		$	176,736		$	1,128,978		$	227,652		$	1,512,817
Accretion	(23,631		)	23,631			(31,120		)	31,120			(75,478		)	75,478			(101,244		)	101,244
Net Reclassifications from non-accretable to accretable	6,008			—			27,160			—			30,814			—			67,118			—
Payments received, net	—			(96,593		)	—			(114,500		)	—			(313,104		)	—			(359,520		)
Disposals	(1,929		)	—			(1,057		)	—			(4,048		)	—			(2,018		)	—
Balance at end of period	$	128,024		$	891,352		$	191,508		$	1,254,541		$	128,024		$	891,352		$	191,508		$	1,254,541

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 September 30, 2012

Legacy Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	37,327	$	—	$	—	$	13,785
Grade 2	105,504		3,170		—		190
Grade 3	573,561		278,017		19,312		8,857
Grade 4	2,213,241		1,709,667		282,438		87,259
Grade 5	60,544		53,980		2,893		514
Grade 6	56,638		76,290		4,462		333
Grade 7	—		—		—		—
	$	3,046,815	$	2,121,124	$	309,105	$	110,938



Acquired Loans (Noncovered)
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	—		—		—		—
Grade 4	2,095		28,590		—		—
Grade 5	259		675		—		—
Grade 6	62		2,953		—		—
Grade 7	—		—		—		—
	$	2,416	$	32,218	$	—	$	—



Covered Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	1,742		—		—		—
Grade 3	92		449		—		—
Grade 4	91,101		240,630		494		—
Grade 5	3,844		39,883		—		—
Grade 6	61,192		340,063		58,586		—
Grade 7	4,720		2,249		2,696		—
	$	162,691	$	623,274	$	61,776	$	—



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 September 30, 2011

Legacy Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	48,173	$	11,299	$	1,429	$	—
Grade 2	100,058		3,843		620		—
Grade 3	487,017		245,756		18,067		4,219
Grade 4	1,930,074		1,490,214		209,307		53,771
Grade 5	49,251		73,815		4,851		—
Grade 6	43,417		130,584		18,304		2
Grade 7	—		715		—		—
	$	2,657,990	$	1,956,226	$	252,578	$	57,992



Acquired Loans (Noncovered)
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	3		1,968		—		—
Grade 4	43,250		98,668		—		—
Grade 5	160		—		—		—
Grade 6	855		6,491		—		—
Grade 7	—		668		—		—
	$	44,268	$	107,795	$	—	$	—



Covered Loans
	Commercial
	C&I		CRE		Construction		Leases
Grade 1	$	915	$	—	$	—	$	—
Grade 2	1,801		—		—		—
Grade 3	—		538		—		—
Grade 4	101,794		343,697		4,207		—
Grade 5	32,094		154,591		1,992		—
Grade 6	78,153		348,152		83,051		—
Grade 7	2,637		31,240		10,804		—
	$	217,394	$	878,218	$	100,054	$	—

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 as of September 30, 2012 and 2011 is as follows:



	September 30, 2012			September 30, 2011
Contractual required payments receivable	$	1,333,127		$	1,742,815
Nonaccretable difference	(313,751		)	(296,766		)
Expected cash flows	1,019,376			1,446,049
Accretable yield	(128,024		)	(191,508		)
Carrying balance	$	891,352		$	1,254,541