Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2013

Loans, Net of Unearned Income

Loans, net of unearned income, consisted of the following:

	September 30,		December 31,
	2013		2012
	(In thousands)
Originated loans:
Commercial non-real estate	$	3,633,490	$	2,713,385
Construction and land development		738,983		665,673
Commercial real estate		1,816,402		1,548,402
Residential mortgages		1,124,649		827,985
Consumer		1,387,243		1,351,776
Total originated loans	$	8,700,767	$	7,107,221
Acquired loans:
Commercial non-real estate	$	967,485	$	1,690,643
Construction and land development		158,228		295,151
Commercial real estate		1,038,287		1,279,546
Residential mortgages		347,054		486,444
Consumer		130,649		202,974
Total acquired loans	$	2,641,703	$	3,954,758
Covered loans:
Commercial non-real estate	$	24,340	$	29,260
Construction and land development		23,197		28,482
Commercial real estate		60,280		95,146
Residential mortgages		223,494		263,515
Consumer		60,691		99,420
Total covered loans	$	392,002	$	515,823
Total loans:
Commercial non-real estate	$	4,625,315	$	4,433,288
Construction and land development		920,408		989,306
Commercial real estate		2,914,969		2,923,094
Residential mortgages		1,695,197		1,577,944
Consumer		1,578,583		1,654,170
Total loans	$	11,734,472	$	11,577,802

Schedule of Activity in Loss Share Receivable

The following schedule shows activity in the loss share receivable for the nine months ended September 30, 2013 and 2012 (in thousands):

	Nine Months Ended
	September 30,			September 30,
	2013			2012
Balance, January 1	$	177,844		$	231,085
Accretion (amortization)		(590	)		5,000
Charge-offs, write-downs and other losses		(190	)		36,685
External expenses qualifying under loss share agreement		7,918			7,422
Payments received from the FDIC		(60,886	)		(84,130	)
Ending balance	$	124,096		$	196,062

Allowance for Loan Losses by Portfolio Segment and Related Recorded Investment in Loans

The following schedule shows activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2013 and September 30, 2012 as well as the corresponding recorded investment in loans at the end of each period.

				Construction
	Commercial			and land			Commercial			Residential
	non-real estate			development			real estate			mortgages			Consumer			Total
(In thousands)	Nine Months Ended September 30, 2013
Originated loans
Allowance for loan losses:
Beginning balance	$	20,775		$	11,415		$	26,959		$	6,406		$	13,219		$	78,774
Charge-offs		(5,199	)		(7,548	)		(3,718	)		(1,549	)		(13,372	)		(31,386	)
Recoveries		3,381			1,243			2,340			991			4,336			12,291
Net provision for loan losses		11,152			2,072			(3,698	)		64			8,152			17,742
Ending balance	$	30,109		$	7,182		$	21,883		$	5,912		$	12,335		$	77,421
Ending balance:
Individually evaluated for impairment	$	325		$	211		$	946		$	—		$	—		$	1,482
Collectively evaluated for impairment	$	29,784		$	6,971		$	20,937		$	5,912		$	12,335		$	75,939
Loans:
Ending balance:	$	3,633,490		$	738,983		$	1,816,402		$	1,124,649		$	1,387,243		$	8,700,767
Individually evaluated for impairment	$	8,911		$	16,044		$	21,170		$	—		$	—		$	46,125
Collectively evaluated for impairment	$	3,624,579		$	722,939		$	1,795,232		$	1,124,649		$	1,387,243		$	8,654,642
Acquired loans
Allowance for loan losses:
Beginning balance	$	788		$	—		$	—		$	—		$	—		$	788
Charge-offs		—			—			—			—			—			—
Recoveries		—			—			—			—			—			—
Net provision for loan losses		(788	)		—			463			—			—			(325	)
Ending balance	$	—		$	—		$	463		$	—		$	—		$	463
Ending balance:
Individually evaluated for impairment	$	—		$	—		$	463		$	—		$	—		$	463
Collectively evaluated for impairment	$	—		$	—		$	—		$	—		$	—		$	—
Acquired-impaired	$	—		$	—		$	—		$	—		$	—		$	—
Loans:
Ending balance:	$	967,485		$	158,228		$	1,038,287		$	347,054		$	130,649		$	2,641,703
Individually evaluated for impairment	$	2,179		$	730		$	2,371		$	502		$	—		$	5,782
Collectively evaluated for impairment	$	946,339		$	142,418		$	1,010,484		$	341,165		$	130,544		$	2,570,950
Acquired-impaired	$	18,967		$	15,080		$	25,432		$	5,387		$	105		$	64,971

				Construction
	Commercial			and land			Commercial			Residential
	non-real estate			development			real estate			mortgages			Consumer			Total
(In thousands)	Nine Months Ended September 30, 2013
Covered loans
Allowance for loan losses:
Beginning balance	$	2,162		$	5,623		$	9,433		$	30,471		$	8,920		$	56,609
Charge-offs		(681	)		(1,784	)		(4,316	)		(947	)		(1,145	)		(8,873	)
Recoveries		90			554			2,395			13			67			3,119
Net provision for loan losses (a)		(328	)		(1,600	)		1,197			4,723			3,995			7,987
Increase in FDIC loss share receivable (a)		447			(314	)		(732	)		1,261			835			1,497
Ending balance	$	1,690		$	2,479		$	7,977		$	35,521		$	12,672		$	60,339
Ending balance:
Individually evaluated for impairment	$	—		$	—		$	—		$	—		$	—		$	—
Collectively evaluated for impairment	$	—		$	—		$	—		$	—		$	—		$	—
Amounts related to loans acquired with deteriorated credit quality	$	1,690		$	2,479		$	7,977		$	35,521		$	12,672		$	60,339
Loans:
Ending balance:	$	24,340		$	23,197		$	60,280		$	223,494		$	60,691		$	392,002
Individually evaluated for impairment	$	—		$	—		$	—		$	—		$	—		$	—
Collectively evaluated for impairment	$	—		$	—		$	—		$	—		$	—		$	—
Acquired-impaired	$	24,340		$	23,197		$	60,280		$	223,494		$	60,691		$	392,002
Total loans
Allowance for loan losses:
Beginning balance	$	23,725		$	17,038		$	36,392		$	36,877		$	22,139		$	136,171
Charge-offs		(5,880	)		(9,332	)		(8,034	)		(2,496	)		(14,517	)		(40,259	)
Recoveries		3,471			1,797			4,735			1,004			4,403			15,410
Net provision for loan losses (a)		10,036			472			(2,038	)		4,787			12,147			25,404
Increase in FDIC loss share receivable (a)		447			(314	)		(732	)		1,261			835			1,497
Ending balance	$	31,799		$	9,661		$	30,323		$	41,433		$	25,007		$	138,223
Ending balance:
Individually evaluated for impairment	$	325		$	211		$	1,409		$	—		$	—		$	1,945
Collectively evaluated for impairment	$	29,784		$	6,971		$	20,937		$	5,912		$	12,335		$	75,939
Acquired-impaired	$	1,690		$	2,479		$	7,977		$	35,521		$	12,672		$	60,339
Loans:
Ending balance:	$	4,625,315		$	920,408		$	2,914,969		$	1,695,197		$	1,578,583		$	11,734,472
Individually evaluated for impairment	$	11,090		$	16,774		$	23,541		$	502		$	—		$	51,907
Collectively evaluated for impairment	$	4,570,918		$	865,357		$	2,805,716		$	1,465,814		$	1,517,787		$	11,225,592
Acquired-impaired	$	43,307		$	38,277		$	85,712		$	228,881		$	60,796		$	456,973

(a) The $8.0 million provision expense for impairment on certain pools of covered loans is reported net of the benefit attributable to the FDIC loss share agreement as reflected by the related increase in the loss share receivable.

				Residential
	Commercial			mortgages			Consumer			Total
(In thousands)	Nine Months Ended September 30, 2012
Originated loans
Allowance for loan losses:
Beginning balance	$	60,211		$	4,894		$	18,141		$	83,246
Charge-offs		(18,036	)		(4,889	)		(11,663	)		(34,588	)
Recoveries		4,225			310			3,060			7,595
Net provision for loan losses		12,618			4,336			6,542			23,496
Ending balance	$	59,018		$	4,651		$	16,080		$	79,749
Ending balance:
Individually evaluated for impairment	$	8,469		$	133		$	—		$	8,602
Collectively evaluated for impairment	$	50,549		$	4,518		$	16,080		$	71,147
Loans:
Ending balance:	$	4,465,736		$	757,471		$	1,357,987		$	6,581,194
Individually evaluated for impairment	$	78,337		$	7,524		$	—		$	85,861
Collectively evaluated for impairment	$	4,387,399		$	749,947		$	1,357,987		$	6,495,333
Covered loans
Allowance for loan losses:
Beginning balance	$	18,203		$	9,024		$	14,408		$	41,635
Charge-offs		(22,839	)		—			—			(22,839	)
Recoveries		—			—			—			—
Net provision for loan losses (a)		12,744			2,196			(12,295	)		2,645
Increase in FDIC loss share receivable (a)		22,650			11,189			562			34,401
Ending balance	$	30,758		$	22,409		$	2,675		$	55,842
Ending balance:
Individually evaluated for impairment	$	—		$	—		$	—		$	—
Collectively evaluated for impairment	$	—		$	—		$	—		$	—
Acquired-impaired	$	30,758		$	22,409		$	2,675		$	55,842
Loans:
Ending balance:	$	176,724		$	271,618		$	107,390		$	555,732
Individually evaluated for impairment	$	—		$	—		$	—		$	—
Collectively evaluated for impairment	$	—		$	—		$	—		$	—
Acquired-impaired	$	176,724		$	271,618		$	107,390		$	555,732

	Commercial			Residential mortgages			Consumer			Total
(In thousands)	Nine Months Ended September 30, 2012
Total loans
Allowance for loan losses:
Beginning balance	$	78,414		$	13,918		$	32,549		$	124,881
Charge-offs		(40,875	)		(4,889	)		(11,663	)		(57,427	)
Recoveries		4,225			310			3,060			7,595
Net provision for loan losses (a)		25,362			6,532			(5,753	)		26,141
Increase in FDIC loss share receivable (a)		22,650			11,189			562			34,401
Ending balance	$	89,776		$	27,060		$	18,755		$	135,591
Ending balance:
Individually evaluated for impairment	$	8,469		$	133		$	—		$	8,602
Collectively evaluated for impairment	$	50,549		$	4,518		$	16,080		$	71,147
Acquired-impaired	$	30,758		$	22,409		$	2,675		$	55,842
Loans:
Ending balance:	$	8,187,469		$	1,561,640		$	1,685,339		$	11,434,448
Individually evaluated for impairment	$	78,337		$	7,524		$	—		$	85,861
Collectively evaluated for impairment (b)	$	7,758,832		$	1,259,767		$	1,577,265		$	10,595,864
Acquired-impaired	$	350,300		$	294,349		$	108,074		$	752,723

(a) The $2.6 million provision expense for impairment on certain pools of covered loans is reported net of the benefit attributable to the FDIC loss share agreements as reflected by the related increase in the loss share receivable.

(b) In accordance with purchase accounting rules, acquired non-impaired loans were recorded at their fair value at the time of acquisition with no carryover of losses and are included in the ending balance of loans collectively evaluated for impairment. No allowance had been established on these acquired loans as of September 30, 2012.

Summary of Composition of Non-Accrual Loans by Portfolio Segment

The following tables show the composition of nonaccrual loans by portfolio segment and class. Acquired-impaired and certain covered loans are considered to be performing due to the application of the accretion method and are excluded from the table. Covered loans accounted for using the cost recovery method do not have an accretable yield and are disclosed below as nonaccrual loans. Acquired-performing loans that have subsequently been placed on nonaccrual status are also disclosed below.

(In thousands)	September 30, 2013		December 31, 2012
Originated loans:
Commercial non-real estate	$	14,118	$	18,941
Construction and land development		19,817		32,777
Commercial real estate		39,695		40,190
Residential mortgages		13,148		7,705
Consumer		4,684		3,815
Total originated loans	$	91,462	$	103,428
Acquired loans:
Commercial non-real estate	$	3,381	$	4,326
Construction and land development		2,025		5,967
Commercial real estate		6,123		6,609
Residential mortgages		9,664		10,551
Consumer		1,890		2,634
Total acquired loans	$	23,083	$	30,087
Covered loans:
Commercial non-real estate	$	3	$	—
Construction and land development		2,624		2,487
Commercial real estate		1,179		1,220
Residential mortgages		942		393
Consumer		415		—
Total covered loans	$	5,163	$	4,100
Total loans:
Commercial non-real estate	$	17,502	$	23,267
Construction and land development		24,466		41,231
Commercial real estate		46,997		48,019
Residential mortgages		23,754		18,649
Consumer		6,989		6,449
Total loans	$	119,708	$	137,615

Schedule of Troubled Debt Restructurings Occurred During Period by Portfolio Segment

The table below details TDRs that occurred during the nine months ended September 30, 2013 and September 30, 2012 by portfolio segment and TDRs that subsequently defaulted within twelve months of modification (dollar amounts in thousands). All troubled debt restructurings are rated substandard and individually evaluated for impairment.

	Nine Months Ended
	September 30, 2013						September 30, 2012
			Pre-Modification		Post-Modification				Pre-Modification		Post-Modification
			Outstanding		Outstanding				Outstanding		Outstanding
	Number of		Recorded		Recorded		Number of		Recorded		Recorded
Troubled Debt Restructurings:	Contracts		Investment		Investment		Contracts		Investment		Investment
Originated loans:
Commercial non-real estate		1	$	926	$	913		1	$	790	$	790
Construction and land development		—		—		—		—		—		—
Commercial real estate		4		1,332		1,270		9		9,475		8,582
Residential mortgages		1		456		343		2		711		561
Consumer		—		—		—		—		—		—
Total originated loans		6	$	2,714	$	2,526		12	$	10,976	$	9,933
Aquired loans:
Commercial non-real estate		—	$	—	$	—		—	$	—	$	—
Construction and land development		—		—		—		—		—		—
Commercial real estate		1		512		476		—		—		—
Residential mortgages		1		514		500		—		—		—
Consumer		—		—		—		—		—		—
Total acquired loans		2	$	1,026	$	976		—	$	—	$	—
Covered loans:
Commercial non-real estate		—	$	—	$	—		—	$	—	$	—
Construction and land development		—		—		—		—		—		—
Commercial real estate		—		—		—		—		—		—
Residential mortgages		—		—		—		—		—		—
Consumer		—		—		—		—		—		—
Total covered loans		—	$	—	$	—		—	$	—	$	—
Total loans:
Commercial non-real estate		1	$	926	$	913		1	$	790	$	790
Construction and land development		—		—		—		—		—		—
Commercial real estate		5		1,844		1,746		9		9,475		8,582
Residential mortgages		2		970		843		2		711		561
Consumer		—		—		—		—		—		—
Total loans		8	$	3,740	$	3,502		12	$	10,976	$	9,933

Summary of Impaired Loans Disaggregated by Class

The tables below present loans that are individually evaluated for impairment disaggregated by class at September 30, 2013 and December 31, 2012:

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
September 30, 2013	Investment		Balance		Allowance		Investment		Recognized
					(In thousands)
Originated loans:
With no related allowance recorded:
Commercial non-real estate	$	848	$	1,073	$	—	$	212	$	12
Construction and land development		9,798		11,431		—		2,450		53
Commercial real estate		6,608		8,430		—		18,527		344
Residential mortgages		—		—		—		328		—
Consumer		—		—		—		1,267		—
		17,254		20,934		—		22,784		409
With an allowance recorded:
Commercial non-real estate		8,063		8,365		325		9,929		167
Construction and land development		6,246		6,246		211		1,562		40
Commercial real estate		14,562		14,866		946		22,427		413
Residential mortgages		—		—		—		134		—
Consumer		—		—		—		1,281		—
		28,871		29,477		1,482		35,333		620
Total:
Commercial non-real estate		8,911		9,438		325		10,141		179
Construction and land development		16,044		17,677		211		4,012		93
Commercial real estate		21,170		23,296		946		40,954		757
Residential mortgages		—		—		—		462		—
Consumer		—		—		—		2,548		—
Total originated loans	$	46,125	$	50,411	$	1,482	$	58,117	$	1,029
Acquired loans:
With no related allowance recorded:
Commercial non-real estate	$	2,179	$	2,186	$	—	$	545	$	—
Construction and land development		730		754		—		183		—
Commercial real estate		476		486		—		1,079		47
Residential mortgages		502		509		—		382		—
Consumer		—		—		—		—		—
		3,887		3,935		—		2,189		47
With an allowance recorded:
Commercial non-real estate		—		—		—		3,434		63
Construction and land development		—		—		—		197		—
Commercial real estate		1,895		1,931		463		3,328		—
Residential mortgages		—		—		—		1,057		—
Consumer		—		—		—		—		—
		1,895		1,931		463		8,016		63
Total:
Commercial non-real estate		2,179		2,186		—		3,979		63
Construction and land development		730		754		—		380		—
Commercial real estate		2,371		2,417		463		4,407		47
Residential mortgages		502		509		—		1,439		—
Consumer		—		—		—		—		—
Total acquired loans	$	5,782	$	5,866	$	463	$	10,205	$	110

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
September 30, 2013	Investment		Balance		Allowance		Investment		Recognized
Covered loans:
With no related allowance recorded:
Commercial non-real estate	$	—	$	—	$	—	$	—	$	—
Construction and land development		—		—		—		—		—
Commercial real estate		—		—		—		—		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
		—		—		—		—		—
With an allowance recorded:
Commercial non-real estate		—		—		—		—		—
Construction and land development		—		—		—		—		—
Commercial real estate		—		—		—		—		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
		—		—		—		—		—
Total:
Commercial non-real estate		—		—		—		—		—
Construction and land development		—		—		—		—		—
Commercial real estate		—		—		—		—		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
Total covered loans	$	—	$	—	$	—	$	—	$	—
Total loans:
With no related allowance recorded:
Commercial non-real estate	$	3,027	$	3,259	$	—	$	757	$	12
Construction and land development		10,528		12,185		—		2,633		53
Commercial real estate		7,084		8,916		—		19,606		391
Residential mortgages		502		509		—		710		—
Consumer		—		—		—		1,267		—
		21,141		24,869		—		24,973		456
With an allowance recorded:
Commercial non-real estate		8,063		8,365		325		13,363		230
Construction and land development		6,246		6,246		211		1,759		40
Commercial real estate		16,457		16,797		1,409		25,755		413
Residential mortgages		—		—		—		1,191		—
Consumer		—		—		—		1,281		—
		30,766		31,408		1,945		43,349		683
Total:
Commercial non-real estate		11,090		11,624		325		14,120		242
Construction and land development		16,774		18,431		211		4,392		93
Commercial real estate		23,541		25,713		1,409		45,361		804
Residential mortgages		502		509		—		1,901		—
Consumer		—		—		—		2,548		—
Total loans	$	51,907	$	56,277	$	1,945	$	68,322	$	1,139

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
December 31, 2012	Investment		Balance		Allowance		Investment		Recognized
					(In thousands)
Originated loans:
With no related allowance recorded:
Commercial	$	34,705	$	55,101	$	—	$	23,793	$	464
Residential mortgages		2,721		4,874		—		3,255		155
Consumer		—		—		—		—		—
		37,426		59,975		—		27,048		619
With an allowance recorded:
Commercial		35,850		37,917		6,377		41,232		703
Residential mortgages		—		—		—		4,619		—
Consumer		—		—		—		—		—
		35,850		37,917		6,377		45,851		703
Total:
Commercial		70,555		93,018		6,377		65,025		1,167
Residential mortgages		2,721		4,874		—		7,874		155
Consumer		—		—		—		—		—
Total originated loans	$	73,276	$	97,892	$	6,377	$	72,899	$	1,322
Acquired loans:
With no related allowance recorded:
Commercial	$	—	$	—	$	—	$	—	$	—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
		—		—		—		—		—
With an allowance recorded:
Commercial		6,202		6,386		788		1,551		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
		6,202		6,386		788		1,551		—
Total:
Commercial		6,202		6,386		788		1,551		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
Total acquired loans	$	6,202	$	6,386	$	788	$	1,551	$	—

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
December 31, 2012	Investment		Balance		Allowance		Investment		Recognized
					(In thousands)
Covered loans:
With no related allowance recorded:
Commercial	$	3,707	$	10,208	$	—	$	6,008	$	—
Residential mortgages		393		787		—		446		—
Consumer		—		—		—		—		—
		4,100		10,995		—		6,454		—
With an allowance recorded:
Commercial		—		—		—		—		—
Residential mortgages		—		—		—		—		—
Consumer		—		—		—		—		—
		—		—		—		—		—
Total:
Commercial		3,707		10,208		—		6,008		—
Residential mortgages		393		787		—		446		—
Consumer		—		—		—		—		—
Total covered loans	$	4,100	$	10,995	$	—	$	6,454	$	—
Total loans:
With no related allowance recorded:
Commercial	$	38,412	$	65,309	$	—	$	29,801	$	464
Residential mortgages		3,114		5,661		—		3,701		155
Consumer		—		—		—		—		—
		41,526		70,970		—		33,502		619
With an allowance recorded:
Commercial		42,052		44,303		7,165		42,783		703
Residential mortgages		—		—		—		4,619		—
Consumer		—		—		—		—		—
		42,052		44,303		7,165		47,402		703
Total:
Commercial		80,464		109,612		7,165		72,584		1,167
Residential mortgages		3,114		5,661		—		8,320		155
Consumer		—		—		—		—		—
Total loans	$	83,578	$	115,273	$	7,165	$	80,904	$	1,322

Summary of Age Analysis of Past Due Loans

The following table presents the age analysis of past due loans at September 30, 2013 and December 31, 2012:

													Recorded
					Greater than								investment
	30-59 days		60-89 days		90 days		Total				Total		> 90 days
September 30, 2013	past due		past due		past due		past due		Current		Loans		and accruing
							(In thousands)
Originated loans:
Commercial non-real estate	$	7,369	$	2,891	$	9,615	$	19,875	$	3,613,615	$	3,633,490	$	1,268
Construction and land development		2,083		2,131		18,079		22,293		716,690		738,983		8,183
Commercial real estate		11,753		2,215		16,383		30,351		1,786,051		1,816,402		1,309
Residential mortgages		224		2,484		4,018		6,726		1,117,923		1,124,649		—
Consumer		4,974		2,238		3,686		10,898		1,376,345		1,387,243		1,752
Total	$	26,403	$	11,959	$	51,781	$	90,143	$	8,610,624	$	8,700,767	$	12,512
Acquired loans:
Commercial non-real estate	$	1,586	$	414	$	1,396	$	3,396	$	964,089	$	967,485	$	700
Construction and land development		1,481		897		594		2,972		155,256		158,228		56
Commercial real estate		2,548		703		5,763		9,014		1,029,273		1,038,287		2,306
Residential mortgages		594		970		6,337		7,901		339,153		347,054		—
Consumer		393		158		1,033		1,584		129,065		130,649		46
Total	$	6,602	$	3,142	$	15,123	$	24,867	$	2,616,836	$	2,641,703	$	3,108
Covered loans:
Commercial non-real estate	$	—	$	—	$	—	$	—	$	24,340	$	24,340	$	—
Construction and land development		—		—		2,624		2,624		20,573		23,197		—
Commercial real estate		—		—		675		675		59,605		60,280		—
Residential mortgages		—		—		667		667		222,827		223,494		—
Consumer		5		2		322		329		60,362		60,691		—
Total	$	5	$	2	$	4,288	$	4,295	$	387,707	$	392,002	$	—
Total loans:
Commercial non-real estate	$	8,955	$	3,305	$	11,011	$	23,271	$	4,602,044	$	4,625,315	$	1,968
Construction and land development		3,564		3,028		21,297		27,889		892,519		920,408		8,239
Commercial real estate		14,301		2,918		22,821		40,040		2,874,929		2,914,969		3,615
Residential mortgages		818		3,454		11,022		15,294		1,679,903		1,695,197		—
Consumer		5,372		2,398		5,041		12,811		1,565,772		1,578,583		1,798
Total	$	33,010	$	15,103	$	71,192	$	119,305	$	11,615,167	$	11,734,472	$	15,620

													Recorded
					Greater than								investment
	30-59 days		60-89 days		90 days		Total				Total		> 90 days
December 31, 2012	past due		past due		past due		past due		Current		Loans		and accruing
							(In thousands)
Originated loans:
Commercial	$	24,398	$	16,508	$	46,355	$	87,261	$	4,840,199	$	4,927,460	$	5,262
Residential mortgages		11,500		3,303		4,100		18,903		809,082		827,985		—
Consumer		10,348		2,150		4,231		16,729		1,335,047		1,351,776		2,474
Total	$	46,246	$	21,961	$	54,686	$	122,893	$	6,984,328	$	7,107,221	$	7,736
Acquired loans:
Commercial	$	28,791	$	4,666	$	15,774	$	49,231	$	3,216,109	$	3,265,340	$	4,354
Residential mortgages		9,641		1,290		8,996		19,927		466,517		486,444		1,106
Consumer		1,282		430		2,170		3,882		199,092		202,974		47
Total	$	39,714	$	6,386	$	26,940	$	73,040	$	3,881,718	$	3,954,758	$	5,507
Covered loans:
Commercial	$	—	$	—	$	3,707	$	3,707	$	149,181	$	152,888	$	—
Residential mortgages		—		—		393		393		263,122		263,515		—
Consumer		—		—		—		—		99,420		99,420		—
Total	$	—	$	—	$	4,100	$	4,100	$	511,723	$	515,823	$	—
Total loans:
Commercial	$	53,189	$	21,174	$	65,836	$	140,199	$	8,205,489	$	8,345,688	$	9,616
Residential mortgages		21,141		4,593		13,489		39,223		1,538,721		1,577,944		1,106
Consumer		11,630		2,580		6,401		20,611		1,633,559		1,654,170		2,521
Total	$	85,960	$	28,347	$	85,726	$	200,033	$	11,377,769	$	11,577,802	$	13,243

Credit Risk Profile Based on Payment Activity

Consumer Credit Exposure

Credit Risk Profile Based on Payment Activity

	September 30, 2013								December 31, 2012
	Originated		Acquired		Covered		Total		Originated		Acquired		Covered		Total
	(In thousands)								(In thousands)
Performing	$	1,382,144	$	128,759	$	60,691	$	1,571,594	$	1,345,487	$	200,292	$	99,420	$	1,645,199
Nonperforming		5,099		1,890		—		6,989		6,289		2,682		—		8,971
Total	$	1,387,243	$	130,649	$	60,691	$	1,578,583	$	1,351,776	$	202,974	$	99,420	$	1,654,170

Changes in Carrying Amount of Covered Acquired Loans and Accretable Yield for Loans Receivable

Changes in the carrying amount of acquired-impaired loans and accretable yield are presented in the following table for the nine months ended September 30, 2013 and the year ended December 31, 2012:

	September 30, 2013												December 31, 2012
	Covered						Non-covered						Covered						Non-covered
	Carrying						Carrying						Carrying						Carrying
	Amount			Accretable			Amount			Accretable			Amount			Accretable			Amount			Accretable
	of Loans			Yield			of Loans			Yield			of Loans			Yield			of Loans			Yield
(In thousands)
Balance at beginning of period	$	515,823		$	115,594		$	141,201		$	203,186		$	671,443		$	153,137		$	339,452		$	130,691
Additions		—			—			—			—			—			—			—			—
Payments received, net		(150,405	)		(861	)		(106,444	)		(37,961	)		(200,719	)		—			(250,338	)		—
Accretion		26,584			(26,584	)		30,213			(30,213	)		45,099			(45,099	)		52,087			(52,087	)
Increase (decrease) in expected cash flows based on actual cash flow and changes in cash flow assumptions		—			(12,944	)		—			6,465			—			(19,326	)		—			23,688
Net transfers from (to) nonaccretable difference to accretable yield		—			22,611			—			5,636			—			26,882			—			100,894
Balance at end of period	$	392,002		$	97,816		$	64,970		$	147,113		$	515,823		$	115,594		$	141,201		$	203,186

Troubled Debt Restructurings That Subsequently Defaulted [Member]

Schedule of Troubled Debt Restructurings Occurred During Period by Portfolio Segment

			Nine Months Ended
	September 30, 2013					September 30, 2012
Troubled Debt Restructurings That Subsequently Defaulted:	Number of Contracts			Recorded Investment		Number of Contracts		Recorded Investment
Originated loans:
Commercial non-real estate		—		$	—		—	$	—
Construction and land development		—			—		—		—
Commercial real estate		—			—		2		1,787
Residential mortgages		—			—		—		—
Consumer		—			—		—		—
Total originated loans		—		$	—		2	$	1,787
Aquired loans:
Commercial non-real estate		—		$	—		—	$	—
Construction and land development		—			—		—		—
Commercial real estate		—			—		—		—
Residential mortgages		—			—		—		—
Consumer		—			—		—		—
Total acquired loans		—		$	—		—	$	—
Covered loans:
Commercial non-real estate		—		$	—		—	$	—
Construction and land development		—			—		—		—
Commercial real estate		—			—		—		—
Residential mortgages		—			—		—		—
Consumer		—			—		—		—
Total covered loans		—		$	—		—	$	—
Total loans:
Commercial non-real estate		—		$	—		—	$	—
Construction and land development		—			—		—		—
Commercial real estate		—			—		2		1,787
Residential mortgages		—			—		—		—
Consumer		—			—		—		—
Total loans		—		$	—		2	$	1,787

Commercial Non-Real Estate [Member]

Schedule of Credit Quality Indicators of Various Classes of Loans

The following tables present the credit quality indicators of the Company’s various classes of loans at September 30, 2013 and December 31, 2012.

Commercial Non-Real Estate Credit Exposure

Credit Risk Profile by Internally Assigned Grade

	September 30, 2013								December 31, 2012
	Originated		Acquired		Covered		Total		Originated		Acquired		Covered		Total
	(In thousands)								(In thousands)
Grade:
Pass	$	3,459,635	$	877,964	$	14,063	$	4,351,662	$	2,610,970	$	1,588,435	$	14,855	$	4,214,260
Pass-Watch		106,657		41,741		118		148,516		32,393		52,361		74		84,828
Special Mention		31,600		28,308		—		59,908		23,550		6,267		3,226		33,043
Substandard		35,598		18,547		7,820		61,965		46,472		43,219		8,433		98,124
Doubtful		—		925		2,339		3,264		—		361		2,672		3,033
Loss		—		—		—		—		—		—		—		—
Total	$	3,633,490	$	967,485	$	24,340	$	4,625,315	$	2,713,385	$	1,690,643	$	29,260	$	4,433,288

Construction and Land Development [Member]

Schedule of Credit Quality Indicators of Various Classes of Loans

Construction Credit Exposure

Credit Risk Profile by Internally Assigned Grade

	September 30, 2013								December 31, 2012
	Originated		Acquired		Covered		Total		Originated		Acquired		Covered		Total
	(In thousands)								(In thousands)
Grade:
Pass	$	681,999	$	130,457	$	230	$	812,686	$	557,511	$	249,269	$	331	$	807,111
Pass-Watch		16,728		8,684		598		26,010		13,705		2,993		1,028		17,726
Special Mention		944		1,446		197		2,587		30,522		12,248		420		43,190
Substandard		39,312		17,637		10,241		67,190		63,925		30,637		7,311		101,873
Doubtful		—		4		11,931		11,935		10		4		19,392		19,406
Loss		—		—		—		—		—		—		—		—
Total	$	738,983	$	158,228	$	23,197	$	920,408	$	665,673	$	295,151	$	28,482	$	989,306

Commercial Real Estate [Member]

Schedule of Credit Quality Indicators of Various Classes of Loans

Commercial Real Estate Credit Exposure

Credit Risk Profile by Internally Assigned Grade

	September 30, 2013								December 31, 2012
	Originated		Acquired		Covered		Total		Originated		Acquired		Covered		Total
	(In thousands)								(In thousands)
Grade:
Pass	$	1,656,114	$	943,760	$	5,853	$	2,605,727	$	1,353,453	$	1,173,617	$	16,693	$	2,543,763
Pass-Watch		32,762		41,172		4,823		78,757		36,507		16,051		15,015		67,573
Special Mention		3,618		7,864		3,127		14,609		29,912		21,116		3,787		54,815
Substandard		123,890		45,491		32,989		202,370		128,088		68,762		31,298		228,148
Doubtful		18		—		13,488		13,506		442		—		28,353		28,795
Loss		—		—		—		—		—		—		—		—
Total	$	1,816,402	$	1,038,287	$	60,280	$	2,914,969	$	1,548,402	$	1,279,546	$	95,146	$	2,923,094

Residential Mortgage Loans [Member]

Schedule of Credit Quality Indicators of Various Classes of Loans

Residential Mortgage Credit Exposure

Credit Risk Profile Based on Payment Activity

	September 30, 2013								December 31, 2012
	Originated		Acquired		Covered		Total		Originated		Acquired		Covered		Total
	(In thousands)								(In thousands)
Performing	$	1,110,952	$	337,390	$	223,101	$	1,671,443	$	820,281	$	475,893	$	263,515	$	1,559,689
Nonperforming		13,697		9,664		393		23,754		7,704		10,551		—		18,255
Total	$	1,124,649	$	347,054	$	223,494	$	1,695,197	$	827,985	$	486,444	$	263,515	$	1,577,944