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Allowance for Loan Losses
 3 Months Ended
Mar. 31, 2012
Allowance for Loan Losses [Abstract]  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Allowance for Loan Losses
The allowance for loan losses is reported as a reduction of outstanding loan balances, and totaled $97.9 million and $96.1 million at March 31, 2012 and December 31, 2011, respectively. The following tables summarize the changes in the allowance for loan losses for the periods indicated:
 
At and for the three months ended March 31,
 
2012
 
2011
 
(In thousands)
Allowance for loan losses, beginning of period:
 
 
 
Commercial and industrial
$
12,163

 
$
13,438

Commercial real estate
63,625

 
65,760

Construction and land
6,382

 
6,875

Residential
9,286

 
7,449

Home equity
1,535

 
1,231

Consumer and other
1,149

 
1,478

Unallocated
1,974

 
2,172

Total allowance for loan losses, beginning of period
96,114

 
98,403

Provision for loan losses:
 
 
 
Commercial and industrial
1,827

 
875

Commercial real estate
2,030

 
11,911

Construction and land
(712
)
 
282

Residential
966

 
619

Home equity
(53
)
 
(33
)
Consumer and other
(116
)
 
165

Unallocated
58

 
(469
)
Total provision for loan losses
4,000

 
13,350

(continued)

 
At and for the three months ended March 31,
 
2012
 
2011
(continued)
(In thousands)
Loans charged-off:
 
 
 
Commercial and industrial
$
(2,311
)
 
$
(806
)
Commercial real estate
(406
)
 
(10,246
)
Construction and land
—

 
(1,628
)
Residential
(198
)
 
(195
)
Home equity
—

 
—

Consumer and other
(26
)
 
(191
)
Total charge-offs
(2,941
)
 
(13,066
)
Recoveries on loans previously charged-off:
 
 
 
Commercial and industrial
383

 
357

Commercial real estate
117

 
868

Construction and land
166

 
358

Residential
—

 
—

Home equity
61

 
1

Consumer and other
2

 
11

Total recoveries
729

 
1,595

Allowance for loan losses at end of period:
 
 
 
Commercial and industrial
12,062

 
13,864

Commercial real estate
65,366

 
68,293

Construction and land
5,836

 
5,887

Residential
10,054

 
7,873

Home equity
1,543

 
1,199

Consumer and other
1,009

 
1,463

Unallocated
2,032

 
1,703

Total allowance for loan losses at end of period
$
97,902

 
$
100,282



The following tables show the Company's allowance for loan losses and loan portfolio at March 31, 2012 and December 31, 2011 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at March 31, 2012 or December 31, 2011.
 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at March 31, 2012 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
11,949

 
$
62,121

 
$
5,523

 
$
9,186

Loans individually evaluated
113

 
3,245

 
313

 
868

Total allowance for loan losses
$
12,062

 
$
65,366

 
$
5,836

 
$
10,054

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at March 31, 2012:
 
 
 
 
 
 
 
Loans collectively evaluated
$
719,542

 
$
1,719,085

 
$
142,374

 
$
1,855,819

Loans individually evaluated
7,619

 
58,085

 
7,281

 
23,329

Total Loans
$
727,161

 
$
1,777,170

 
$
149,655

 
$
1,879,148

 
Home equity
 
Consumer
and other
 
Unallocated
 
Total
(Continued from above)
(In thousands)
Allowance for loan losses balance at March 31, 2012 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,412

 
$
1,009

 
$
2,032

 
$
93,232

Loans individually evaluated
131

 
—

 
—

 
4,670

Total allowance for loan losses
$
1,543

 
$
1,009

 
$
2,032

 
$
97,902

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at March 31, 2012:
 
 
 
 
 
 
 
Loans collectively evaluated
$
138,467

 
$
176,956

 
$
—

 
$
4,752,243

Loans individually evaluated
491

 
—

 
—

 
96,805

Total Loans
$
138,958

 
$
176,956

 
$
—

 
$
4,849,048


 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at December 31, 2011 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
12,014

 
$
60,318

 
$
6,163

 
$
8,884

Loans individually evaluated
149

 
3,307

 
219

 
402

Total allowance for loan losses
$
12,163

 
$
63,625

 
$
6,382

 
$
9,286

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2011:
 
 
 
 
 
 
 
Loans collectively evaluated
$
680,384

 
$
1,611,055

 
$
145,937

 
$
1,806,722

Loans individually evaluated
6,718

 
58,165

 
7,772

 
16,681

Total Loans
$
687,102

 
$
1,669,220

 
$
153,709

 
$
1,823,403

 
Home equity
 
Consumer
and other
 
Unallocated
 
Total
(Continued from above)
(In thousands)
Allowance for loan losses balance at December 31, 2011 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,404

 
$
1,149

 
$
1,974

 
$
91,906

Loans individually evaluated
131

 
—

 
—

 
4,208

Total allowance for loan losses
$
1,535

 
$
1,149

 
$
1,974

 
$
96,114

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2011:
 
 
 
 
 
 
 
Loans collectively evaluated
$
143,241

 
$
174,096

 
$
—

 
$
4,561,435

Loans individually evaluated
457

 
—

 
—

 
89,793

Total Loans
$
143,698

 
$
174,096

 
$
—

 
$
4,651,228