Other Real Estate Owned

9 Months Ended

Sep. 30, 2014

Other Real Estate [Abstract]

Real Estate Owned [Text Block]

Note 14 – Other real estate owned

The following tables present theOther Real Estate Owned Activity, for the quarters and nine monthsended September 30,2014and 2013.

	For the quarter ended September 30, 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	$ 49,787	$ 89,633	$ 107,905	$ 47,900	$ 295,225
Write-downs in value	(2,714)	(1,844)	(5,839)	(2,222)	(12,619)
Additions	2,853	15,787	10,693	7,276	36,609
Sales	(5,148)	(13,008)	(7,077)	(7,057)	(32,290)
Other adjustments	(1)	(89)	(812)	615	(287)
Ending balance	$ 44,777	$ 90,479	$ 104,870	$ 46,512	$ 286,638

	For the nine months ended September 30, 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	(3,499)	(2,952)	(17,037)	(3,369)	(26,857)
Additions	13,824	46,070	46,147	15,870	121,911
Sales	(15,482)	(37,274)	(40,290)	(13,211)	(106,257)
Other adjustments	1,285	(2,217)	(4,165)	(570)	(5,667)
Ending balance	$ 44,777	$ 90,479	$ 104,870	$ 46,512	$ 286,638

	For the quarter ended September 30, 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	$ 65,125	$ 93,795	$ 138,885	$ 44,340	$ 342,145
Write-downs in value	(2,881)	(661)	(10,288)	(1,381)	(15,211)
Additions	4,340	14,184	21,345	6,247	46,116
Sales	(16,157)	(22,111)	(35,902)	(3,278)	(77,448)
Other adjustments	-	(132)	240	(240)	(132)
Ending balance	$ 50,427	$ 85,075	$ 114,280	$ 45,688	$ 295,470

	For the nine months ended September 30, 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	(8,767)	(8,939)	(16,961)	(3,166)	(37,833)
Additions	26,598	69,369	73,020	22,796	191,783
Sales	(103,556)	(107,282)	(41,417)	(13,743)	(265,998)
Other adjustments	290	945	240	141	1,616
Ending balance	$ 50,427	$ 85,075	$ 114,280	$ 45,688	$ 295,470