NOTE 3 - ALLOWANCE FOR CREDIT LOSSES

The following tables summarize the changes in the allowance for credit losses by segment and class for the periods indicated:

	Six months ended
	June 30, 2012
	Balance,										Balance,
	Beginning of										End of
	Period		Charge-offs			Recoveries		Provision			Period
	(In thousands)

Commercial and industrial	$	20,724	$	(5,854	)	$	2,582	$	8,363		$	25,815
Real estate
Consumer mortgage		36,529		(7,034	)		761		4,175			34,431
Home equity		8,630		(1,387	)		393		(300	)		7,336
Agricultural		3,921		(482	)		63		(243	)		3,259
Commercial and industrial-owner occupied		21,929		(6,600	)		1,865		165			17,359
Construction, acquisition and development		45,562		(20,954	)		4,110		4,037			32,755
Commercial real estate		39,444		(6,069	)		4,887		(1,096	)		37,166
Credit Cards		4,021		(1,150	)		239		49			3,159
All other		14,358		(1,196	)		555		850			14,567
Total	$	195,118	$	(50,726	)	$	15,455	$	16,000		$	175,847

	Year ended
	December 31, 2011
	Balance,									Balance,
	Beginning of									End of
	Period		Charge-offs			Recoveries		Provision		Period
	(In thousands)

Commercial and industrial	$	22,479	$	(17,337	)	$	1,567	$	14,015	$	20,724
Real estate
Consumer mortgage		35,540		(10,186	)		1,111		10,064		36,529
Home equity		7,305		(5,852	)		185		6,992		8,630
Agricultural		4,997		(3,420	)		123		2,221		3,921
Commercial and industrial-owner occupied		20,403		(10,302	)		393		11,435		21,929
Construction, acquisition and development		59,048		(67,362	)		3,951		49,925		45,562
Commercial real estate		33,439		(17,436	)		1,045		22,396		39,444
Credit Cards		4,126		(3,072	)		803		2,164		4,021
All other		9,576		(7,088	)		1,001		10,869		14,358
Total	$	196,913	$	(142,055	)	$	10,179	$	130,081	$	195,118

	Six months ended
	June 30, 2011
	Balance,									Balance,
	Beginning of									End of
	Period		Charge-offs			Recoveries		Provision		Period
	(In thousands)

Commercial and industrial	$	22,479	$	(14,365	)	$	773	$	13,953	$	22,840
Real estate
Consumer mortgage		35,540		(4,889	)		363		6,031		37,045
Home equity		7,305		(2,473	)		91		2,697		7,620
Agricultural		4,997		(965	)		47		630		4,709
Commercial and industrial-owner occupied		20,403		(4,944	)		194		8,991		24,644
Construction, acquisition and development		59,048		(49,126	)		2,057		41,941		53,920
Commercial real estate		33,439		(6,111	)		405		7,560		35,293
Credit Cards		4,126		(1,606	)		494		473		3,487
All other		9,576		(5,524	)		574		3,443		8,069
Total	$	196,913	$	(90,003	)	$	4,998	$	85,719	$	197,627

The following tables provide the allowance for credit losses by segment, class and impairment status as of the dates indicated:

	June 30, 2012
	Recorded		Allowance for		Allowance for
	Balance of		Impaired Loans		All Other Loans		Total
	Impaired Loans		and Leases		and Leases		Allowance
	(In thousands)

Commercial and industrial	$	10,906	$	5,575	$	20,240	$	25,815
Real estate
Consumer mortgage		17,081		2,002		32,429		34,431
Home equity		1,568		168		7,168		7,336
Agricultural		7,393		378		2,881		3,259
Commercial and industrial-owner occupied		21,713		1,019		16,340		17,359
Construction, acquisition and development		100,053		10,641		22,114		32,755
Commercial real estate		40,698		3,924		33,242		37,166
Credit Cards		-		-		3,159		3,159
All other		965		232		14,335		14,567
Total	$	200,377	$	23,939	$	151,908	$	175,847

	December 31, 2011
	Recorded		Allowance for		Allowance for
	Balance of		Impaired Loans		All Other Loans		Total
	Impaired Loans		and Leases		and Leases		Allowance
	(In thousands)

Commercial and industrial	$	7,833	$	4,071	$	16,653	$	20,724
Real estate
Consumer mortgage		31,793		4,386		32,143		36,529
Home equity		675		48		8,582		8,630
Agricultural		3,096		380		3,541		3,921
Commercial and industrial-owner occupied		24,801		3,601		18,328		21,929
Construction, acquisition and development		128,179		21,581		23,981		45,562
Commercial real estate		36,122		5,324		34,120		39,444
Credit Cards		-		-		4,021		4,021
All other		2,424		317		14,041		14,358
Total	$	234,923	$	39,708	$	155,410	$	195,118

Management evaluates impaired loans individually in determining the adequacy of the allowance for impaired loans.