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Estimated Fair Values (Tables)
6 Months Ended
Jun. 30, 2012
Estimated Fair Values [Abstract]  
Estimated Fair Values For Certain Financial Assets And Financial Liabilities
For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of June 30, 2012, December 31, 2011, and June 30, 2011. The carrying value and fair value for these assets and liabilities are equivalent because they are relatively short term in nature and there is no interest rate or credit risk relating to them that would cause the fair value to differ from carrying value.
 
 
 
June 30, 2012
 
December 31, 2011
 
June 30, 2011
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Cash and due from banks
$
571,004

 
$
571,004

 
$
590,801

 
$
590,801

 
$
537,717

 
$
537,717

Overnight investments
984,536

 
984,536

 
434,975

 
434,975

 
741,654

 
741,654

Investment securities available for sale
4,634,248

 
4,634,248

 
4,056,423

 
4,056,423

 
4,014,241

 
4,014,241

Investment securities held to maturity
1,578

 
1,715

 
1,822

 
1,980

 
2,098

 
2,278

Loans held for sale
76,374

 
78,139

 
92,539

 
93,235

 
56,004

 
56,004

Loans covered by loss share agreements, net of allowance for loan and lease losses
1,911,554

 
1,873,323

 
2,272,891

 
2,236,343

 
2,330,303

 
2,318,304

Loans and leases not covered by loss share agreements, net of allowance for loan and lease losses
11,277,326

 
11,200,523

 
11,400,754

 
11,312,900

 
11,348,239

 
11,213,325

Receivable from FDIC for loss share agreements (1)
313,978

 
297,963

 
539,511

 
446,172

 
522,507

 
529,514

Income earned not collected
49,743

 
49,743

 
42,216

 
42,216

 
50,876

 
50,876

Stock issued by:

 
 
 
 
 
 
 
 
 
 
Federal Home Loan Bank of Atlanta
38,105

 
38,105

 
41,042

 
41,042

 
45,002

 
45,002

Federal Home Loan Bank of San Francisco
11,746

 
11,746

 
12,976

 
12,976

 
14,238

 
14,238

Federal Home Loan Bank of Seattle
4,490

 
4,490

 
4,490

 
4,490

 
4,490

 
4,490

Deposits
17,801,646

 
17,854,346

 
17,577,274

 
17,638,359

 
17,662,966

 
17,711,225

Short-term borrowings
700,299

 
700,299

 
615,222

 
615,222

 
655,808

 
655,808

Long-term obligations
644,682

 
677,372

 
687,599

 
719,999

 
792,661

 
807,407

Accrued interest payable
23,093

 
23,093

 
23,719

 
23,719

 
27,930

 
27,930

Interest rate swap
11,020

 
11,020

 
10,714

 
10,714

 
9,800

 
9,800

Assets And Liabilities Carried At Fair Value On A Recurring Basis
For assets and liabilities carried at fair value on a recurring basis, the following table provides fair value information as of June 30, 2012December 31, 2011, and June 30, 2011:
 
 
 
 
Fair value measurements using:
Description
Fair value
 
Quoted prices in
active markets for
identical assets and
liabilities
(Level 1 inputs)
 
Quoted prices for
similar assets and
liabilities
(Level 2 inputs)
 
Significant
unobservable
inputs
(Level  3 inputs)
June 30, 2012
 
 
 
 
 
 
 
Assets measured at fair value
 
 
 
 
 
 
 
Investment securities available for sale
 
 
 
 
 
 
 
U.S. Treasury
$
878,685

 
$
878,685

 
$

 
$

Government agency
2,978,198

 
2,978,198

 

 

Corporate bonds
50,446

 
50,446

 

 

Residential mortgage-backed securities
707,645

 

 
707,645

 

Equity securities
18,238

 
18,238

 

 

State, county, municipal
1,036

 

 
1,036

 

Total
$
4,634,248

 
$
3,925,567

 
$
708,681

 
$

Liabilities measured at fair value
 
 
 
 
 
 
 
Interest rate swaps accounted for as cash flow hedges
$
11,020

 
$

 
$
11,020

 
$

December 31, 2011
 
 
 
 
 
 
 
Assets measured at fair value
 
 
 
 
 
 
 
Investment securities available for sale
 
 
 
 
 
 
 
U.S. Treasury
$
887,819

 
$
887,819

 
$

 
$

Government agency
2,592,209

 
2,592,209

 

 

Corporate bonds
252,820

 
252,820

 

 

Residential mortgage-backed securities
307,221

 

 
307,221

 

Equity securities
15,313

 
15,313

 

 

State, county, municipal
1,041

 

 
1,041

 

Total
$
4,056,423

 
$
3,748,161

 
$
308,262

 
$

Liabilities measured at fair value
 
 
 
 
 
 
 
Interest rate swaps accounted for as cash flow hedges
$
10,714

 
$

 
$
10,714

 
$

June 30, 2011
 
 
 
 
 
 
 
Assets measured at fair value
 
 
 
 
 
 
 
Investment securities available for sale
 
 
 
 
 
 
 
U.S. Treasury
$
1,289,282

 
$
1,289,282

 
$

 
$

Government agency
1,904,843

 
1,904,843

 

 

Corporate bonds
466,971

 
466,971

 

 

Residential mortgage-backed securities
333,483

 

 
333,483

 

Equity securities
18,609

 
18,609

 

 

State, county, municipal
1,053

 

 
1,053

 

Total
$
4,014,241

 
$
3,679,705

 
$
334,536

 
$

Liabilities measured at fair value
 
 
 
 
 
 
 
Interest rate swaps accounted for as cash flow hedges
$
9,800

 
$

 
$
9,800

 
$

Assets And Liabilities Carried At Fair Value On A Nonrecurring Basis
For assets and liabilities carried at fair value on a nonrecurring basis, the following table provides fair value information as of June 30, 2012December 31, 2011, and June 30, 2011:
 
 
 
 
Fair value measurements using:
Description
Fair value
 
Quoted prices in
active markets for
identical assets
and liabilities
(Level 1 inputs)
 
Quoted prices for
similar assets
and liabilities
(Level 2 inputs)
 
Significant
nonobservable
inputs
(Level 3 inputs)
June 30, 2012
 
 
 
 
 
 
 
Loans held for sale
$
49,277

 
$

 
$
49,277

 
$

Impaired loans not covered by loss share agreements
111,288

 

 

 
111,288

December 31, 2011
 
 
 
 
 
 
 
Loans held for sale
63,470

 

 
63,470

 

Impaired loans not covered by loss share agreements
128,365

 

 

 
128,365

June 30, 2011
 
 
 
 
 
 
 
Loans held for sale
56,004

 

 
56,004

 

Impaired loans not covered by loss share agreements
101,245

 

 

 
101,245

Schedule of Fair Value Measurements Of Other Real Estate Opportunites [Table Text Block]
The following table provides information regarding OREO for the three- and six-month periods ended June 30, 2012 and 2011.

 
Three Months Ended June 30
 
Six Months Ended June 30
 
2012
 
2011
 
2012
 
2011
Current year foreclosures:
 
 
 
 
 
 
 
Covered under loss share agreements
$
41,098

 
$
68,375

 
$
61,630

 
$
109,175

Not covered under loss share agreements
12,475

 
19,765

 
18,783

 
13,636

Loan charge-offs recorded due to the measurement and initial recognition of OREO:
 
 
 
 
 
 
 
Covered under loss share agreements
7,392

 
7,447

 
8,351

 
7,447

Not covered under loss share agreements
130

 
1,385

 
588

 
2,053

Write-downs recorded subsequent to foreclosure for OREO:
 
 
 
 
 
 
 
Covered under loss share agreements
11,137

 
11,431

 
11,259

 
15,997

Not covered under loss share agreements
2,629

 
2,433

 
3,112

 
1,684

Fair value of OREO remeasured in current period:
 
 
 
 
 
 
 
Covered under loss share agreements
24,136

 
7,759

 
33,697

 
12,572

Not covered under loss share agreements
9,301

 
17,272

 
12,893

 
6,567