Other Real Estate Owned

3 Months Ended

Mar. 31, 2014

Other Real Estate [Abstract]

Real Estate Owned [Text Block]

Note 12 – Other Real Estate Owned

The following tables present theOther Real Estate Owned Activity, for the quarters ended March 31,2014and 2013.

	For the quarter ended March 31, 2014
	Non-covered	Non-covered	Covered	Covered
	OREO	OREO	OREO	OREO
(In thousands)	Commercial/ Construction	Mortgage	Commercial/ Construction	Mortgage	Total
Balance at beginning of period	$ 48,649	$ 86,852	$ 120,215	$ 47,792	$ 303,508
Write-downs in value	(214)	(669)	(4,563)	(207)	(5,653)
Additions	4,668	14,883	13,194	4,491	37,236
Sales	(4,962)	(12,063)	(18,421)	(2,377)	(37,823)
Other adjustments	-	(179)	(92)	(1,285)	(1,556)
Ending balance	$ 48,141	$ 88,824	$ 110,333	$ 48,414	$ 295,712

	For the quarter ended March 31, 2013
	Non-covered	Non-covered	Covered	Covered
	OREO	OREO	OREO	OREO
(In thousands)	Commercial/ Construction	Mortgage	Commercial/ Construction	Mortgage	Total
Balance at beginning of period	$ 135,862	$ 130,982	$ 99,398	$ 39,660	$ 405,902
Write-downs in value	(4,899)	(7,358)	(3,105)	(303)	(15,665)
Additions	18,318	24,848	34,795	8,973	86,934
Sales	(70,135)	(72,017)	(1,675)	(5,256)	(149,083)
Other adjustments	-	(902)	-	(109)	(1,011)
Ending balance	$ 79,146	$ 75,553	$ 129,413	$ 42,965	$ 327,077