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Boston Private Financial Holdings, Inc. (Parent Company Only) (Tables)
12 Months Ended
Dec. 31, 2013
BOSTON PRIVATE FINANCIAL HOLDINGS, INC. (PARENT COMPANY ONLY) [Abstract]  
Schedule of Condensed Balance Sheet [Table Text Block]
CONDENSED BALANCE SHEETS
 
December 31, 2013
 
December 31, 2012
(In thousands)
Assets:
 
 
 
Cash and cash equivalents
$
32,554

 
$
61,221

Investment in wholly-owned and majority-owned subsidiaries:
 
 
 
Bank
573,426

 
544,160

Non-banks
142,301

 
135,426

Investment in partnerships and trusts
6,340

 
7,143

Deferred income taxes
2,209

 
19,092

Other assets
20,267

 
18,273

Total assets
$
777,097

 
$
785,315

Liabilities:
 
 
 
Junior subordinated debentures
$
106,363

 
$
143,647

Other liabilities
17,578

 
19,279

Total liabilities
123,941

 
162,926

Redeemable Noncontrolling Interests (1)
19,639

 
19,287

Total Shareholders’ Equity
633,517

 
603,102

Total liabilities, redeemable noncontrolling interests and shareholders’ equity
$
777,097

 
$
785,315

___________________
(1)
Represents the maximum redemption value of noncontrolling interests.
Schedule of Condensed Income Statement [Table Text Block]
CONDENSED STATEMENTS OF OPERATIONS
 
Year ended December 31,
 
2013
 
2012
 
2011
 
(In thousands)
Income:
 
 
 
 
 
Interest income
$
140

 
$
218

 
$
323

Gain on repurchase of debt
620

 
3,444

 
4,230

Dividends from subsidiaries:
 
 
 
 
 
Bank(s)
27,900

 
10,300

 
7,400

Non-banks
24,045

 
17,559

 
23,247

Other income
496

 
306

 
1,147

Total income
53,201

 
31,827

 
36,347

Operating Expense:
 
 
 
 
 
Salaries and employee benefits
11,888

 
15,066

 
15,286

Professional fees
3,064

 
3,224

 
4,184

Interest expense
4,408

 
6,258

 
7,474

Restructuring Expense (1)

 
1,897

 
2,609

Other expenses
3,749

 
3,093

 
3,664

Total operating expense
23,109

 
29,538

 
33,217

Income before income taxes
30,092

 
2,289

 
3,130

Income tax benefit
(8,688
)
 
(11,820
)
 
(11,659
)
Net income from discontinued operations
7,792

 
7,635

 
6,184

Income before equity in undistributed earnings of subsidiaries
46,572

 
21,744

 
20,973

Equity in undistributed earnings of subsidiaries
23,963

 
31,527

 
18,164

Net income attributable to the Company
$
70,535

 
$
53,271

 
$
39,137

____________
(1)
Includes severance expense of $1.9 million and $0.4 million for the years ended December 31, 2012 and 2011, respectively.
Schedule of Condensed Cash Flow Statement [Table Text Block]
CONDENSED STATEMENTS OF CASH FLOWS
 
Year ended December 31,
 
2013
 
2012
 
2011
(In thousands)
Cash flows from operating activities:
 
 
 
 
 
Net income attributable to the Company
$
70,535

 
$
53,271

 
$
39,137

Net income from discontinued operations
7,792

 
7,635

 
6,184

Net income from continuing operations
62,743

 
45,636

 
32,953

Adjustments to reconcile net income from continuing operations to net cash provided by/ (used in) operating activities:
 
 
 
 
 
Equity in earnings of subsidiaries:
 
 
 
 
 
Bank(s)
(64,628
)
 
(51,212
)
 
(40,119
)
Non-banks
(11,280
)
 
(8,174
)
 
(8,777
)
Dividends from subsidiaries:
 
 
 
 
 
Bank(s)
27,900

 
10,300

 
7,400

Non-banks
24,045

 
17,559

 
23,247

Gain on repurchase of debt
(620
)
 
(3,444
)
 
(4,230
)
Deferred income tax expense/ (benefit)
4,873

 
3,963

 
(4,279
)
Depreciation and amortization
3,187

 
5,613

 
3,288

Net decrease/ (increase) in other operating activities
(6,630
)
 
(11,075
)
 
(1,557
)
Net cash provided by/ (used in) operating activities of continuing operations
39,590

 
9,166

 
7,926

Net cash provided by/ (used in) operating activities of discontinued operations
7,792

 
7,635

 
6,184

Net cash provided by/ (used in) operating activities
47,382

 
16,801

 
14,110

Cash flows from investing activities:
 
 
 
 
 
Cash paid for acquisitions, including deferred acquisition obligations

 

 
(217
)
Capital investments in subsidiaries:
 
 
 
 
 
Bank(s)

 

 

Non-banks
(356
)
 
(5,191
)
 

Cash received from divestitures
747

 
5,964

 
2,752

Net cash (used in)/ provided by in other investing activities
(115
)
 
897

 

Net cash provided by/ (used in) investing activities of continuing operations
276

 
1,670

 
2,535

Net cash provided by/ (used in) investing activities of discontinued operations

 

 

Net cash provided by/ (used in) investing activities
276

 
1,670

 
2,535

Cash flows from financing activities:
 
 
 
 
 
Repurchase of debt
(35,536
)
 
(33,749
)
 
(6,988
)
Proceeds from issuance of Series D preferred stock, net
47,753

 

 

Repurchase of Series B preferred stock, including deemed dividend at repurchase
(69,827
)
 

 

Dividends paid to common shareholders
(19,129
)
 
(3,125
)
 
(3,089
)
Dividends paid to preferred shareholders
(2,660
)
 
(290
)
 
(290
)
Tax deficiency from certain stock compensation awards
(663
)
 
(1,588
)
 
(1,706
)
Repurchase of warrants

 
(15,000
)
 

Proceeds from stock option exercises
2,332

 
738

 
205

Proceeds from issuance of common stock, net
4,583

 
3,198

 
5,288

Other equity adjustments
(3,178
)
 
(4,305
)
 
(1,657
)
Net cash provided by/ (used in) financing activities of continuing operations
(76,325
)
 
(54,121
)
 
(8,237
)
Net cash provided by/ (used in) financing activities of discontinued operations

 

 

Net cash provided by/ (used in) financing activities
(76,325
)
 
(54,121
)
 
(8,237
)
Net (decrease)/ increase in cash and cash equivalents
(28,667
)
 
(35,650
)
 
8,408

Cash and cash equivalents at beginning of year
61,221

 
96,871

 
88,463

Cash and cash equivalents at end of year
$
32,554

 
$
61,221

 
$
96,871