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Loans Held for Investment (LHFI) and Allowance for Loan Losses, LHFI (Tables)
 3 Months Ended
Mar. 31, 2012
Loans Held for Investment (LHFI) and Allowance for Loan Losses, LHFI [Abstract]  
Loan Portfolio Held For Investment
For the periods presented, LHFI consisted of the following ($ in thousands):

   
March 31, 2012
  
December 31, 2011
 
Loans secured by real estate:
      
Construction, land development and other land loans
 $465,486  $474,082 
Secured by 1-4 family residential properties
  1,722,357   1,760,930 
Secured by nonfarm, nonresidential properties
  1,419,902   1,425,774 
Other
  199,400   204,849 
Commercial and industrial loans
  1,142,813   1,139,365 
Consumer loans
  210,713   243,756 
Other loans
  614,082   608,728 
LHFI
  5,774,753   5,857,484 
Less allowance for loan losses
  90,879   89,518 
Net LHFI
 $5,683,874  $5,767,966 

The following table details LHFI individually and collectively evaluated for impairment at March 31, 2012 and December 31, 2011 ($ in thousands):

   
March 31, 2012
 
   
LHFI Evaluated for Impairment
 
   
Individually
  
Collectively
  
Total
 
           
Loans secured by real estate:
         
Construction, land development and other land loans
 $38,023  $427,463  $465,486 
Secured by 1-4 family residential properties
  24,446   1,697,911   1,722,357 
Secured by nonfarm, nonresidential properties
  33,034   1,386,868   1,419,902 
Other
  4,557   194,843   199,400 
Commercial and industrial loans
  4,929   1,137,884   1,142,813 
Consumer loans
  536   210,177   210,713 
Other loans
  248   613,834   614,082 
Total
 $105,773  $5,668,980  $5,774,753 

   
December 31, 2011
 
   
LHFI Evaluated for Impairment
 
   
Individually
  
Collectively
  
Total
 
           
Loans secured by real estate:
         
Construction, land development and other land loans
 $40,413  $433,669  $474,082 
Secured by 1-4 family residential properties
  24,348   1,736,582   1,760,930 
Secured by nonfarm, nonresidential properties
  23,981   1,401,793   1,425,774 
Other
  5,871   198,978   204,849 
Commercial and industrial loans
  14,148   1,125,217   1,139,365 
Consumer loans
  825   242,931   243,756 
Other loans
  872   607,856   608,728 
Total
 $110,458  $5,747,026  $5,857,484 
Impact of Modifications Classified as Troubled Debt Restructurings
The following table illustrates the impact of modifications classified as TDRs for the three months ended March 31, 2012 as well as those TDRs modified within the last 12 months for which there was a payment default during the period ($ in thousands):

   
Three Months Ended March 31, 2012
 
Troubled Debt Restructurings
 
Number of
 Contracts
  
Pre-Modification
 Outstanding
 Recorded
 Investment
  
Post-Modification
 Outstanding
 Recorded
Investment
 
Construction, land development and other land loans
  8  $3,611  $3,611 
Secured by 1-4 family residential properties
  2   1,009   1,009 
Secured by nonfarm, nonresidential properties
  2   1,210   1,210 
Total
  12  $5,830  $5,830 

   
Three Months Ended March 31, 2012
 
Troubled Debt Restructurings that Subsequently Defaulted
 
Number of
Contracts
     
Recorded
 Investment
 
Construction, land development and other land loans
  1      $299 
Secured by 1-4 family residential properties
  3       1,382 
Total
  4      $1,681 
Troubled Debt Restructuring Related To Loans Held for Investment, Excluding Covered Loans, by Loan Type
At March 31, 2012 and December 31, 2011, the following table details LHFI classified as TDRs by loan type ($ in thousands):
 
   
March 31, 2012
 
   
Accruing
  
Nonaccrual
  
Total
 
Construction, land development and other land loans
 $239  $14,979  $15,218 
Secured by 1-4 family residential properties
  1,102   4,144   5,246 
Secured by nonfarm, nonresidential properties
  -   13,885   13,885 
Commercial and industrial
  -   2,761   2,761 
Total Troubled Debt Restructurings by Type
 $1,341  $35,769  $37,110 

   
December 31, 2011
 
   
Accruing
  
Nonaccrual
  
Total
 
Construction, land development and other land loans
 $241  $14,041  $14,282 
Secured by 1-4 family residential properties
  782   3,485   4,267 
Secured by nonfarm, nonresidential properties
  -   4,135   4,135 
Commercial and industrial
  -   11,503   11,503 
Total Troubled Debt Restructurings by Type
 $1,023  $33,164  $34,187 
Impaired Financing Receivables
At March 31, 2012 and December 31, 2011, the carrying amount of impaired loans consisted of the following ($ in thousands):

   
March 31, 2012
 
   
LHFI
       
   
Unpaid
  
With No Related
  
With an
  
Total
     
Average
 
   
Principal
  
Allowance
  
Allowance
  
Carrying
  
Related
  
Recorded
 
   
Balance
  
Recorded
  
Recorded
  
Amount
  
Allowance
  
Investment
 
                    
Loans secured by real estate:
                  
Construction, land development and other land loans
 $56,984  $12,698  $25,324  $38,023  $5,963  $39,218 
Secured by 1-4 family residential properties
  33,167   1,612   22,835   24,446   1,240   24,398 
Secured by nonfarm, nonresidential properties
  37,172   13,091   19,943   33,034   5,443   28,507 
Other
  5,312   477   4,080   4,557   1,002   5,214 
Commercial and industrial loans
  5,801   62   4,867   4,929   1,168   9,538 
Consumer loans
  814   -   554   536   7   690 
Other loans
  266   -   230   248   65   551 
Total
 $139,516  $27,940  $77,833  $105,773  $14,888  $108,116 

   
December 31, 2011
 
   
LHFI
       
   
Unpaid
  
With No Related
  
With an
  
Total
     
Average
 
   
Principal
  
Allowance
  
Allowance
  
Carrying
  
Related
  
Recorded
 
   
Balance
  
Recorded
  
Recorded
  
Amount
  
Allowance
  
Investment
 
                    
Loans secured by real estate:
                  
Construction, land development and other land loans
 $58,757  $11,123  $29,290  $40,413  $6,547  $49,122 
Secured by 1-4 family residential properties
  33,746   1,560   22,788   24,348   1,348   27,330 
Secured by nonfarm, nonresidential properties
  27,183   13,770   10,211   23,981   2,431   26,497 
Other
  7,158   1,548   4,323   5,871   1,007   6,013 
Commercial and industrial loans
  16,102   8,724   5,424   14,148   1,137   15,127 
Consumer loans
  1,097   -   825   825   9   1,468 
Other loans
  2,559   220   652   872   185   1,132 
Total
 $146,602  $36,945  $73,513  $110,458  $12,664  $126,689 
Carrying Amount of Loans by Credit Quality Indicator
The table below illustrates the carrying amount of LHFI by credit quality indicator at March 31, 2012 and December 31, 2011 ($ in thousands):
 
   
March 31, 2012
 
   
Commercial Loans
 
   
Pass -
  
Special Mention -
  
Substandard -
  
Doubtful -
    
   
Categories 1-6
  
Category 7
  
Category 8
  
Category 9
  
Subtotal
 
Loans secured by real estate:
               
Construction, land development and other land loans
 $305,402  $25,946  $85,893  $67  $417,308 
Secured by 1-4 family residential properties
  118,836   220   17,762   -   136,818 
Secured by nonfarm, nonresidential properties
  1,271,991   22,755   124,008   -   1,418,754 
Other
  184,897   353   7,796   -   193,046 
Commercial and industrial loans
  1,057,620   39,290   43,910   778   1,141,598 
Consumer loans
  482   -   -   -   482 
Other loans
  607,053   -   2,137   212   609,402 
   $3,546,281  $88,564  $281,506  $1,057  $3,917,408 

   
Consumer Loans
    
      
Past Due
  
Past Due Greater
          
   
Current
  
30-89 Days
  
Than 90 days
  
Nonaccrual
  
Subtotal
  
Total LHFI
 
Loans secured by real estate:
                  
Construction, land development and other land loans
 $46,801  $238  $20  $1,119  $48,178  $465,486 
Secured by 1-4 family residential properties
  1,557,701   7,359   1,220   19,259   1,585,539   1,722,357 
Secured by nonfarm, nonresidential properties
  1,148   -   -   -   1,148   1,419,902 
Other
  6,327   -   -   27   6,354   199,400 
Commercial and industrial loans
  1,167   38   -   10   1,215   1,142,813 
Consumer loans
  205,638   3,762   278   553   210,231   210,713 
Other loans
  4,680   -   -   -   4,680   614,082 
   $1,823,462  $11,397  $1,518  $20,968  $1,857,345  $5,774,753 
 
   
December 31, 2011
 
   
Commercial Loans
 
   
Pass -
  
Special Mention -
  
Substandard -
  
Doubtful -
    
   
Categories 1-6
  
Category 7
  
Category 8
  
Category 9
  
Subtotal
 
Loans secured by real estate:
               
Construction, land development and other land loans
 $308,618  $26,273  $90,175  $116  $425,182 
Secured by 1-4 family residential properties
  119,155   142   16,324   -   135,621 
Secured by nonfarm, nonresidential properties
  1,287,886   26,232   110,472   51   1,424,641 
Other
  188,772   130   9,312   -   198,214 
Commercial and industrial loans
  1,048,556   32,046   56,577   405   1,137,584 
Consumer loans
  643   25   -   -   668 
Other loans
  600,411   -   1,834   600   602,845 
   $3,554,041  $84,848  $284,694  $1,172  $3,924,755 

                    
   
Consumer Loans
    
      
Past Due
  
Past Due Greater
          
   
Current
  
30-89 Days
  
Than 90 days
  
Nonaccrual
  
Subtotal
  
Total LHFI
 
Loans secured by real estate:
                  
Construction, land development and other land loans
 $47,253  $353  $-  $1,294  $48,900  $474,082 
Secured by 1-4 family residential properties
  1,596,800   8,477   1,306   18,726   1,625,309   1,760,930 
Secured by nonfarm, nonresidential properties
  1,133   -   -   -   1,133   1,425,774 
Other
  6,405   201   -   29   6,635   204,849 
Commercial and industrial loans
  1,626   118   -   37   1,781   1,139,365 
Consumer loans
  234,593   7,172   498   825   243,088   243,756 
Other loans
  5,848   35   -   -   5,883   608,728 
   $1,893,658  $16,356  $1,804  $20,911  $1,932,729  $5,857,484 
Aging Analysis of Past Due Loans and Nonaccrual Loans, excluding Covered Loans By Class
The following table provides an aging analysis of past due and nonaccrual LHFI by class at March 31, 2012 and December 31, 2011 ($ in thousands):
 
   
March 31, 2012
 
   
Past Due
          
      
Greater than
        
Current
    
   
30-89 Days
  
90 Days (1)
  
Total
  
Nonaccrual
  
Loans
  
Total LHFI
 
                    
Loans secured by real estate:
                  
Construction, land development and other land loans
 $3,248  $20  $3,268  $38,023  $424,195  $465,486 
Secured by 1-4 family residential properties
  8,385   1,220   9,605   24,446   1,688,306   1,722,357 
Secured by nonfarm, nonresidential properties
  7,594   -   7,594   33,034   1,379,274   1,419,902 
Other
  1,342   27   1,369   4,557   193,474   199,400 
Commercial and industrial loans
  3,787   8   3,795   4,929   1,134,089   1,142,813 
Consumer loans
  3,685   276   3,961   536   206,216   210,713 
Other loans
  883   -   883   248   612,951   614,082 
Total past due LHFI
 $28,924  $1,551  $30,475  $105,773  $5,638,505  $5,774,753 
 
(1) - Past due greater than 90 days but still accruing interest.
 
   
December 31, 2011
 
   
Past Due
          
      
Greater than
        
Current
    
   
30-89 Days
  
90 Days (1)
  
Total
  
Nonaccrual
  
Loans
  
Total LHFI
 
                    
Loans secured by real estate:
                  
Construction, land development and other land loans
 $1,784  $1,657  $3,441  $40,413  $430,228  $474,082 
Secured by 1-4 family residential properties
  9,755   1,306   11,061   24,348   1,725,521   1,760,930 
Secured by nonfarm, nonresidential properties
  9,925   -   9,925   23,981   1,391,868   1,425,774 
Other
  879   -   879   5,871   198,099   204,849 
Commercial and industrial loans
  1,646   769   2,415   14,148   1,122,802   1,139,365 
Consumer loans
  7,172   498   7,670   825   235,261   243,756 
Other loans
  3,104   -   3,104   872   604,752   608,728 
Total past due LHFI
 $34,265  $4,230  $38,495  $110,458  $5,708,531  $5,857,484 
 
(1) - Past due greater than 90 days but still accruing interest.
Change in Allowance For Loan Losses
Changes in the allowance for loan losses, LHFI were as follows ($ in thousands):

   
Three Months Ended March 31,
 
   
2012
  
2011
 
Balance at January 1,
 $89,518  $93,510 
Loans charged-off
  (5,376)  (11,132)
Recoveries
  3,444   3,483 
Net charge-offs
  (1,932)  (7,649)
Provision for loan losses, LHFI
  3,293   7,537 
Balance at March 31,
 $90,879  $93,398 
 
The following tables detail the balance in the allowance for loan losses, LHFI by portfolio segment at March 31, 2012 and 2011 ($ in thousands):
 
   
2012
 
   
Balance
        
Provision for
  
Balance
 
   
January 1,
  
Charge-offs
  
Recoveries
  
Loan Losses
  
March 31,
 
Loans secured by real estate:
               
Construction, land development and other land loans
 $27,220  $(1,526) $-  $21  $25,715 
Secured by 1-4 family residential properties
  12,650   (716)  208   598   12,740 
Secured by nonfarm, nonresidential properties
  24,358   (127)  -   3,653   27,884 
Other
  3,079   (234)  -   176   3,021 
Commercial and industrial loans
  15,868   (331)  821   (320)  16,038 
Consumer loans
  3,656   (1,038)  1,352   (766)  3,204 
Other loans
  2,687   (1,404)  1,063   (69)  2,277 
Total allowance for loan losses, LHFI
 $89,518  $(5,376) $3,444  $3,293  $90,879 

   
Disaggregated by Impairment Method
 
   
Individually
  
Collectively
  
Total
 
Loans secured by real estate:
         
Construction, land development and other land loans
 $5,963  $19,752  $25,715 
Secured by 1-4 family residential properties
  1,240   11,500   12,740 
Secured by nonfarm, nonresidential properties
  5,443   22,441   27,884 
Other
  1,002   2,019   3,021 
Commercial and industrial loans
  1,168   14,870   16,038 
Consumer loans
  7   3,197   3,204 
Other loans
  65   2,212   2,277 
Total allowance for loan losses, LHFI
 $14,888  $75,991  $90,879 
 
   
2011
 
   
Balance
        
Provision for
  
Balance
 
   
January 1,
  
Charge-offs
  
Recoveries
  
Loan Losses
  
March 31,
 
Loans secured by real estate:
               
Construction, land development and other land loans
 $35,562  $(3,494) $-  $4,436  $36,504 
Secured by 1-4 family residential properties
  13,051   (2,348)  173   1,117   11,993 
Secured by nonfarm, nonresidential properties
  20,980   (1,530)  -   1,760   21,210 
Other
  1,582   (204)  -   92   1,470 
Commercial and industrial loans
  14,775   (827)  643   500   15,091 
Consumer loans
  5,400   (1,722)  1,660   (504)  4,834 
Other loans
  2,160   (1,007)  1,007   136   2,296 
Total allowance for loan losses, LHFI
 $93,510  $(11,132) $3,483  $7,537  $93,398 

   
Disaggregated by Impairment Method
 
   
Individually
  
Collectively
  
Total
 
Loans secured by real estate:
         
Construction, land development and other land loans
 $6,242  $30,262  $36,504 
Secured by 1-4 family residential properties
  680   11,313   11,993 
Secured by nonfarm, nonresidential properties
  1,415   19,795   21,210 
Other
  41   1,429   1,470 
Commercial and industrial loans
  2,670   12,421   15,091 
Consumer loans
  18   4,816   4,834 
Other loans
  53   2,243   2,296 
Total allowance for loan losses, LHFI
 $11,119  $82,279  $93,398