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ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)
 12 Months Ended
Dec. 31, 2011
Allowance for Loan and Lease Losses, Adjustments, Net [Abstract]  
Schedule Of Activity Of Allowance For Loan And Lease Losses
Activity in the allowance for loan and lease losses is summarized as follows:
 
 
Noncovered Loans
Covered Loans
Total
Balance at December 31, 2008
 
$
157,569

$
—

$
157,569

Provision for loan and lease losses
 
75,864

3,500

79,364

Loans and leases charged-off
 
(69,354
)
—

(69,354
)
Loans and leases recovered
 
4,703

—

4,703

Net charge-offs
 
(64,651
)
—

(64,651
)
Balance at December 31, 2009
 
168,782

3,500

172,282

Provision for loan and lease losses
 
56,647

86,872

143,519

Adoption of change in accounting for QSPE
 
681

—

681

Loans and leases charged-off
 
(55,783
)
(39,533
)
(95,316
)
Loans and leases recovered
 
6,190

409

6,599

Net charge-offs
 
(49,593
)
(39,124
)
(88,717
)
Balance at December 31, 2010
 
176,517

51,248

227,765

Provision for loan and lease losses
 
57,799

174,478

232,277

Loans and leases charged-off
 
(59,287
)
(137,553
)
(196,840
)
Loans and leases recovered
 
5,854

1,088

6,942

Net charge-offs
 
(53,433
)
(136,465
)
(189,898
)
Balance at December 31, 2011
 
$
180,883

$
89,261

$
270,144
Schedule Of Activitiy Of Allowance For Loan And Lease Losses By Loan Category
Activity in the allowance for loans and lease losses, ending balances of loans and leases and related allowance by class of loans as of December 31, 2011 and 2010 are summarized as follows:
 
 
Construction
and Land
Development
Commercial
 
Commercial
Mortgage
 
Other
Commercial
Real Estate
 
Commercial
and
Industrial
 
Lease
Financing
 
Other
 
Residential
Mortgage
 
Revolving
Mortgage
 
Construction
and Land
Development
Non-commercial
 
Consumer
 
Non-specific
 
Total
Noncovered loans and leases
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1
$
10,512

 
$
64,772

 
$
2,200

 
$
24,089

 
$
3,384

 
$
1,473

 
$
7,009

 
$
18,016

 
$
1,751

 
$
29,448

 
$
13,863

 
$
176,517

Charge-offs
(11,189
)
 
(6,975
)
 
(24
)
 
(5,879
)
 
(579
)
 
(89
)
 
(5,566
)
 
(13,940
)
 
(2,617
)
 
(12,429
)
 
—

 
(59,287
)
Recoveries
218

 
945

 
23

 
1,025

 
133

 
2

 
989

 
653

 
189

 
1,677

 
—

 
5,854

Provision
5,926

 
8,744

 
(30
)
 
4,488

 
350

 
(71
)
 
6,447

 
22,316

 
2,104

 
7,266

 
259

 
57,799

Balance at December 31
$
5,467

 
$
67,486

 
$
2,169

 
$
23,723

 
$
3,288

 
$
1,315

 
$
8,879

 
$
27,045

 
$
1,427

 
$
25,962

 
$
14,122

 
$
180,883

Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL for loans and leases individually evaluated for impairment
$
1,139

 
$
5,266

 
$
283

 
$
640

 
$
17

 
$
14

 
$
411

 
$
—

 
$
145

 
$
47

 
$
—

 
$
7,962

ALLL loans and leases collectively evaluated for impairment
4,328

 
62,220

 
1,886

 
23,083

 
3,271

 
1,301

 
8,468

 
27,045

 
1,282

 
25,915

 
—

 
158,799

Non-specific ALLL
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
14,122

 
14,122

Total allowance for loan and lease losses
$
5,467

 
$
67,486

 
$
2,169

 
$
23,723

 
$
3,288

 
$
1,315

 
$
8,879

 
$
27,045



$
1,427

 
$
25,962

 
$
14,122

 
$
180,883

Loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans and leases individually evaluated for impairment
$
26,782

 
$
92,872

 
$
5,686

 
$
15,996

 
$
328

 
$
193

 
$
9,776

 
$
—

 
$
3,676

 
$
992

 
$
—

 
$
156,301

Loans and leases collectively evaluated for impairment
354,381

 
5,012,121

 
139,085

 
1,748,411

 
312,541

 
158,176

 
774,342

 
2,296,306

 
133,595

 
496,378

 
—

 
11,425,336

Total loans and leases
$
381,163

 
$
5,104,993

 
$
144,771

 
$
1,764,407

 
$
312,869

 
$
158,369

 
$
784,118

 
$
2,296,306

 
$
137,271

 
$
497,370

 
$
—

 
$
11,581,637

December 31, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL for loans and leases individually evaluated for impairment
$
5,883

 
$
4,601

 
$
67

 
$
598

 
$
58

 
$
7

 
$
384

 
$
—

 
$
13

 
$
9

 
$
—

 
$
11,620

ALLL loans and leases collectively evaluated for impairment
4,629

 
60,171

 
2,133

 
23,491

 
3,326

 
1,466

 
6,625

 
18,016

 
1,738

 
29,439

 
—

 
151,034

Non-specific ALLL
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—
 
—

 
13,863

 
13,863

Total allowance for loan and lease losses
$
10,512

 
$
64,772

 
$
2,200

 
$
24,089

 
$
3,384

 
$
1,473

 
$
7,009

 
$
18,016

—

$
1,751

 
$
29,448

 
$
13,863

 
$
176,517

Loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans and leases individually evaluated for impairment
$
28,327

 
$
57,952

 
$
964

 
$
12,989

 
$
693

 
$
76

 
$
6,162

 
$
—

 
$
514

 
$
102

 
$
—

 
$
107,779

Loans and leases collectively evaluated for impairment
310,602

 
4,679,910

 
148,746

 
1,856,501

 
300,596

 
181,939

 
872,630

 
2,233,853

 
192,440

 
595,581

 
—

 
11,372,798

Total loans and leases
$
338,929

 
$
4,737,862

 
$
149,710

 
$
1,869,490

 
$
301,289

 
$
182,015

 
$
878,792

 
$
2,233,853

 
$
192,954

 
$
595,683

 
$
—

 
$
11,480,577

 
 
Construction
and Land
Development -
Commercial
 
Commercial
Mortgage
 
Other
Commercial
Real Estate
 
Commercial
and
Industrial
 
Lease Financing
 
Residential
Mortgage
 
Revolving
Mortgage
 
Construction
and Land
Development
Non-commercial
 
Consumer
and Other
 
Total
Covered loans and leases
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1
$
20,654

 
$
13,199

 
$
4,148

 
$
6,828

 
$
—

 
$
113

 
$
676

 
$
5,607

 
$
23

 
$
51,248

Charge-offs
(36,432
)
 
(49,905
)
 
(29,063
)
 
(6,115
)
 
—

 
(5,723
)
 
—

 
(9,912
)
 
(403
)
 
(137,553
)
Recoveries
389

 
83

 
479

 
12

 
—

 
94

 
—

 
30

 
1

 
1,088

Provision
32,082

 
76,180

 
41,298

 
4,775

 
13

 
10,949

 
(599
)
 
8,927

 
853

 
174,478

Balance at December 31, 2011
$
16,693

 
$
39,557

 
$
16,862

 
$
5,500

 
$
13

 
$
5,433

 
$
77

 
$
4,652


$
474

 
$
89,261

Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL for loans acquired with deteriorated credit quality
$
16,693

 
$
39,557

 
$
16,862

 
$
5,500

 
$
13

 
$
5,433

 
$
77

 
$
4,652

 
$
474

 
$
89,261

Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans acquired with deteriorated credit quality
338,873

 
1,260,589

 
158,394

 
113,442

 
57

 
327,568

 
51,552

 
105,536

 
6,141

 
2,362,152

December 31, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL for loans acquired with deteriorated credit quality
20,654

 
13,199

 
4,148

 
6,828

 
—

 
113

 
676

 
5,607

 
23

 
51,248

Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans acquired with deteriorated credit quality
368,420

 
1,089,064

 
210,661

 
132,477

 
—

 
74,495

 
17,866

 
105,805

 
8,664

 
2,007,452
Allocation Of Noncovered Impaired Loans And Leases
The following table provides information on noncovered impaired loans and leases, exclusive of those loans and leases evaluated collectively as a homogeneous group, including interest income recognized in the period during which the loans and leases were considered impaired.
 
 
With a
recorded
allowance
 
With no
recorded
allowance
 
Total
 
Related
allowance
recorded
December 31, 2011
 
 
 
 
 
 
 
Noncovered impaired loans and leases
 
 
 
 
 
 
 
Construction and land development—commercial
$
24,994

 
$
—

 
$
24,994

 
$
1,027

Commercial mortgage
53,687

 
11,840

 
65,527

 
3,813

Other commercial real estate
1,558

 
1,022

 
2,580

 
114

Commercial and industrial
7,157

 
7,111

 
14,268

 
549

Lease financing
322

 
—

 
322

 
16

Other
—

 
—

 
—

 
—

Residential mortgage
9,776

 
—

 
9,776

 
411

Construction and land development—non-commercial
3,676

 
—

 
3,676

 
145

Consumer
992

 
—

 
992

 
47

Total impaired noncovered loans and leases
$
102,162

 
$
19,973

 
$
122,135

 
$
6,122

December 31, 2010
 
 
 
 
 
 
 
Noncovered impaired loans and leases
 
 
 
 
 
 
 
Construction and land development—commercial
$
28,327

 
$
—

 
$
28,327

 
$
5,883

Commercial mortgage
52,658

 
5,294

 
57,952

 
4,601

Other commercial real estate
964

 
—

 
964

 
67

Commercial and industrial
11,624

 
1,365

 
12,989

 
598

Lease financing
693

 
—

 
693

 
58

Other
76

 
—

 
76

 
7

Residential mortgage
6,162

 
—

 
6,162

 
384

Construction and land development—non-commercial
514

 
—

 
514

 
13

Consumer
102

 
—

 
102

 
9

Total impaired noncovered loans and leases
$
101,120

 
$
6,659

 
$
107,779

 
$
11,620


 
Average 
balance
 
Unpaid principal
balance
 
Interest income
recognized
For the year ended December 31, 2011
 
 
 
 
 
Noncovered impaired loans and leases
 
 
 
 
 
Construction and land development - commercial
$
26,612

 
$
30,756

 
$
56

Commercial mortgage
65,729

 
66,463

 
1,330

Other commercial real estate
1,368

 
322

 
55

Commercial and industrial
12,984

 
12,674

 
456

Lease financing
587

 
992

 
21

Other
38

 
—

 
—

Residential mortgage
9,252

 
2,580

 
300

Construction and land development - non-commercial
2,022

 
14,268

 
105

Consumer
636

 
3,676

 
18

Total noncovered impaired loans and leases
$
119,228

 
$
131,731

 
$
2,341

For the year ended December 31, 2010
 
 
 
 
 
Noncovered impaired loans and leases
 
 
 
 
 
Construction and land development - commercial
$
19,235

 
$
28,610

 
$
93

Commercial mortgage
25,451

 
59,760

 
1,193

Other commercial real estate
353

 
964

 
18

Commercial and industrial
3,420

 
11,624

 
337

Lease financing
281

 
693

 
9

Other
31

 
76

 
3

Residential mortgage
2,314

 
6,162

 
129

Construction and land development - non-commercial
182

 
514

 
41

       Consumer
39

 
102

 
1

Total noncovered impaired loans and leases
$
51,306

 
$
108,505

 
$
1,824
Troubled Debt Restructurings on Financing Receivables
The following table provides the types of troubled debt restructurings made for the year ended December 31, 2011 as well as the loans restructured during 2011 that have experienced payment default subsequent to restructuring.
.
 
Year ended December 31, 2011
 
 
All restructurings
 
Restructurings with subsequent payment default
 
 
Number of loans
Recorded investment at period end
 
Number of loans
Recorded investment at period end
 
Noncovered loans
 
 
 
 
 
 
Interest only period provided
 
 
 
 
 
 
Construction and land development - commercial
3
$
1,232

 
3
$
1,232

 
Commercial mortgage
32
16,473

 
7
3,684

 
Commercial and industrial
7
2,601

 
—
—

 
Lease financing
1
71

 
—
—

 
Residential mortgage
3
592

 
—
—

 
Construction and land development - non-commercial
2
807

 
—
—

 
Consumer
1
900

 
—
—

 
Total interest only
49
22,676

 
10
4,916

 
 
 
 
 
 
 
 
Loan term extension
 
 
 
 
 
 
Construction and land development - commercial
5
9,262

 
—
—

 
Commercial mortgage
50
22,471

 
7
2,771

 
Other commercial real estate
5
2,208

 
1
147

 
Commercial and industrial
24
9,818

 
4
770

 
Lease financing
6
252

 


 
Residential mortgage
8
1,923

 
2
625

 
Construction and land development - non-commercial
1
395

 
—
—

 
Consumer
1
92

 
1
92

 
Total loan term extension
100
46,421

 
15
4,405

 
 
 
 
 
 
 
 
Below market interest rate
 
 
 
 
 
 
Construction and land development - commercial
7
13,800

 
—
—

 
Commercial mortgage
21
13,082

 
4
678

 
Other commercial real estate
1
372

 
1
372

 
Commercial and industrial
4
503

 
1
28

 
Residential mortgage
12
2,572

 
1
52

 
Construction and land development - non-commercial
2
2,357

 
1
356

 
Total below market interest rate
47
32,686

 
8
1,486

 
 
 
 
 
 
 
 
Other concession
 
 
 
 
 
 
Commercial mortgage
1
593

 
—
—

 
Commercial and industrial
2
37

 
2
37

 
Total other concession
3
630

 
2
37

 
Total noncovered restructurings
199
$
102,413

 
35
$
10,844

 
    
 
Year ended December 31, 2011
 
 
All restructurings
 
Restructurings with subsequent payment default
 
 
Number of loans
Recorded investment at period end
 
Number of loans
Recorded investment at period end
 
Covered loans
 
 
 
 
 
 
Interest only period provided
 
 
 
 
 
 
Construction and land development - commercial
6
$
10,481

 
1
$
3,602

 
Commercial mortgage
4
8,331

 
1
2

 
Residential mortgage
2
5,361

 
1
4,287

 
Total interest only
12
24,173

 
3
7,891

 
 
 
 
 
 
 
 
Loan term extension
 
 
 
 
 
 
Construction and land development - commercial
7
3,145

 
3
1,386

 
Commercial mortgage
7
7,368

 
—
—

 
Other commercial real estate
5
9,733

 
—
—

 
Commercial and industrial
3
291

 
—
—

 
Residential mortgage
6
2,188

 
3
744

 
Construction and land development - non-commercial
1
2,097

 
1
2,097

 
Total loan term extension
29
24,822

 
7
4,227

 
 
 
 
 
 
 
 
Below market interest rate
 
 
 
 
 
 
Construction and land development - commercial
21
22,554

 
5
15,615

 
Commercial mortgage
21
50,962

 
2
1,357

 
Other commercial real estate
1
684

 
—
—

 
Commercial and industrial
7
2,217

 
1
809

 
Residential mortgage
19
4,392

 
6
1,409

 
Construction and land development - non-commercial
1
1,678

 
—
—

 
Total below market interest rate
70
82,487

 
14
19,190

 
 
 
 
 
 
 
 
Other concession
 
 
 
 
 
 
Residential mortgage
1
702

 
—
—

 
Total other concession
1
702

 
—
—

 
Total covered restructurings
112
$
132,184

 
24
$
31,308