Allowance For Credit Losses (Tables)

3 Months Ended

Mar. 31, 2012

Allowance For Credit Losses [Abstract]

Summary Of Allowance For Credit Losses

	March 31, 2012		December 31, 2011
	(in thousands)
Components of allowance for credit losses:
Allowance for loan losses	$	119,342	$	120,274
Allowance for covered loans		13,528		13,528
Total allowance for loan losses		132,870		133,802
Allowance for unfunded letters of credit		2,706		2,383
Total allowance for credit losses	$	135,576	$	136,185

Summary Of Provision For Credit Losses

	Three Months Ended March 31,
	2012		2011
	(in thousands)
Components of provision for credit losses:
Provision for loan losses	$	5,374	$	5,205
Provision for covered loans		—		18,882
Total provision for loan losses		5,374		24,087
Provision for unfunded letters of credit		323		75
Total provision for credit losses	$	5,697	$	24,162

Summary Of Activity In The Allowance For Loan Losses

	Commercial and Industrial			Commercial Real Estate			Residential Mortgage			Consumer			Unallocated			Total
	(in thousands)
Quarter Ended March 31, 2012:
Allowance for loan losses:
Beginning balance	$	73,649		$	34,637		$	9,120		$	8,677		$	7,719		$	133,802
Loans charged-off		(4,807	)		(1,080	)		(1,176	)		(1,483	)		—			(8,546	)
Charged-off loans recovered		1,005			120			514			601			—			2,240
Net charge-offs		(3,802	)		(960	)		(662	)		(882	)		—			(6,306	)
Provision for loan losses		3,464			738			1,379			145			(352	)		5,374
Ending balance	$	73,311		$	34,415		$	9,837		$	7,940		$	7,367		$	132,870
Quarter Ended March 31, 2011:
Allowance for loan losses:
Beginning balance	$	61,967		$	30,409		$	9,476		$	14,499		$	8,353		$	124,704
Loans charged-off (1)		(6,672	)		(823	)		(783	)		(1,758	)		—			(10,036	)
Charged-off loans recovered		448			21			21			602			—			1,092
Net charge-offs		(6,224	)		(802	)		(762	)		(1,156	)		—			(8,944	)
Provision for loan losses (2)		20,128			2,610			2,589			(1,043	)		(197	)		24,087
Ending balance	$	75,871		$	32,217		$	11,303		$	12,300		$	8,156		$	139,847

⁽¹⁾  The allowance for covered loans was reduced by loan charge-offs totaling $5.1 million during the first quarter of 2011.

⁽²⁾  Includes an $18.9 million provision for covered loans during the quarter ended March 31, 2011 due to declines in the expected cash flows caused by credit impairment in certain loan pools, primarily consisting of commercial and industrial loans.

Summary Of Allocation Of The Allowance For Loan Losses And The Related Loans By Loan Portfolio Segment Disaggregated Based On The Impairment Methodology

	Commercial and Industrial		Commercial Real Estate		Residential Mortgage		Consumer		Unallocated		Total
	(in thousands)
March 31, 2012
Allowance for loan losses:
Individually evaluated for impairment	$	9,628	$	7,357	$	2,864	$	21	$	—	$	19,870
Collectively evaluated for impairment		52,727		24,548		6,911		7,919		7,367		99,472
Loans acquired with discounts related to credit quality		10,956		2,510		62		—		—		13,528
Total	$	73,311	$	34,415	$	9,837	$	7,940	$	7,367	$	132,870
Loans:
Individually evaluated for impairment	$	51,529	$	111,295	$	18,962	$	277	$	—	$	182,063
Collectively evaluated for impairment		1,810,606		3,888,128		2,493,001		1,363,841		—		9,555,576
Loans acquired with discounts related to credit quality		379,000		941,310		33,841		57,732		—		1,411,883
Total	$	2,241,135	$	4,940,733	$	2,545,804	$	1,421,850	$	—	$	11,149,522
December 31, 2011
Allowance for loan losses:
Individually evaluated for impairment	$	11,105	$	8,516	$	3,577	$	45	$	—	$	23,243
Collectively evaluated for impairment		51,588		23,611		5,481		8,632		7,719		97,031
Loans acquired with discounts related to credit quality		10,956		2,510		62		—		—		13,528
Total	$	73,649	$	34,637	$	9,120	$	8,677	$	7,719	$	133,802
Loans:
Individually evaluated for impairment	$	54,858	$	107,970	$	21,005	$	242	$	—	$	184,075
Collectively evaluated for impairment		1,823,529		3,877,122		2,264,585		1,378,486		—		9,343,722
Loans acquired with discounts related to credit quality		83,742		167,625		15,546		4,931		—		271,844
Total	$	1,962,129	$	4,152,717	$	2,301,136	$	1,383,659	$	—	$	9,799,641