0001571049-14-001667 | 10-Q | XBRL Viewer | United Community Banks INC

Print Document View Excel Document

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2014	Apr. 30, 2014
Entity Registrant Name	UNITED COMMUNITY BANKS INC
Entity Central Index Key	0000857855
Trading Symbol	ucbi
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2014
Amendment Flag	false
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Voting Common Stock
Entity Common Stock, Shares Outstanding		50,012,974
Non-Voting Common Stock
Entity Common Stock, Shares Outstanding		10,080,787

Consolidated Statement of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Interest revenue:
Loans, including fees	$ 47,688	$ 50,935
Investment securities, including tax exempt of $188 and $212	11,607	9,944
Deposits in banks and short-term investments	843	870
Total interest revenue	60,138	61,749
Deposits:
NOW	440	454
Money market	563	562
Savings	20	36
Time	1,771	3,291
Total deposit interest expense	2,794	4,343
Short-term borrowings	840	516
Federal Home Loan Bank advances	58	19
Long-term debt	2,634	2,662
Total interest expense	6,326	7,540
Net interest revenue	53,812	54,209
Provision for credit losses	2,500	11,000
Net interest revenue after provision for credit losses	51,312	43,209
Fee revenue:
Service charges and fees	7,898	7,403
Mortgage loan and other related fees	1,354	2,655
Brokerage fees	1,177	767
Securities gains, net	217	116
Other	1,530	1,970
Total fee revenue	12,176	12,911
Total revenue	63,488	56,120
Operating expenses:
Salaries and employee benefits	24,396	23,592
Communications and equipment	3,239	3,046
Occupancy	3,378	3,367
Advertising and public relations	626	938
Postage, printing and supplies	776	863
Professional fees	1,427	2,366
Foreclosed property	116	2,333
FDIC assessments and other regulatory charges	1,353	2,505
Amortization of intangibles	387	705
Other	3,352	4,055
Total operating expenses	39,050	43,770
Net income before income taxes	24,438	12,350
Income tax expense	9,038	585
Net income	15,400	11,765
Preferred stock dividends and discount accretion	439	3,052
Net income available to common shareholders	$ 14,961	$ 8,713
Earnings per common share
Basic (in dollars per share)	$ 0.25	$ 0.15
Diluted (in dollars per share)	$ 0.25	$ 0.15
Weighted average common shares outstanding
Basic (in shares)	60,059	58,081
Diluted (in shares)	60,061	58,081

Consolidated Statement of Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]
Investment securities tax exemption	$ 188	$ 212

Consolidated Statement of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Consolidated Statement Of Comprehensive Income (Loss) [Abstract]
Net income, Before-tax Amount	$ 24,438	$ 12,350
Net income, Tax (Expense) Benefit	(9,038)	(585)
Net income, Net of Tax Amount	15,400	11,765
Unrealized gains on available-for-sale securities:
Unrealized holding gains arising during period, Before-tax Amount	3,869	1,641
Unrealized holding gains arising during period, Tax (Expense) Benefit	(1,441)	(621)
Unrealized holding gains arising during period, Net of Tax Amount	2,428	1,020
Reclassification adjustment for gains included in net income, Before-tax Amount	(217)	(116)
Reclassification adjustment for gains included in net income, Tax (Expense) Benefit	92	45
Reclassification adjustment for gains included in net income, Net of Tax Amount	(125)	(71)
Valuation allowance for the change in deferred taxes arising from unrealized gains and losses on available-for-sale securities, Tax (Expense) Benefit		576
Valuation allowance for the change in deferred taxes arising from unrealized gains and losses on available-for-sale securities, Net of Tax Amount		576
Net unrealized gains, Before-tax Amount	3,652	1,525
Net unrealized gains, Tax (Expense) Benefit	(1,349)
Net unrealized gains, Net of Tax Amount	2,303	1,525
Amortization of losses (gains) included in net income on available-for-sale securities transferred to held-to-maturity, Before-tax Amount	330	(319)
Amortization of losses (gains) included in net income on available-for-sale securities transferred to held-to-maturity, Tax (Expense) Benefit	(123)	124
Amortization of losses (gains) included in net income on available-for-sale securities transferred to held-to-maturity, Net of Tax Amount	207	(195)
Valuation allowance for the change in deferred taxes arising from the amortization of gains and losses included in net income on available-for-sale securities transferred to held-to-maturity, Tax (Expense) Benefit		(124)
Valuation allowance for the change in deferred taxes arising from the amortization of gains and losses included in net income on available-for-sale securities transferred to held-to-maturity, Net of Tax Amount		(124)
Net unrealized gains (losses), Before-tax Amount	330	(319)
Net unrealized gains (losses), Tax (Expense) Benefit	(123)
Net unrealized gains (losses), Net of Tax Amount	207	(319)
Amortization of gains included in net income on terminated derivative financial instruments that were previously accounted for as cash flow hedges, Before-tax Amount	97	(538)
Amortization of gains included in net income on terminated derivative financial instruments that were previously accounted for as cash flow hedges, Tax (Expense) Benefit	(38)	209
Amortization of gains included in net income on terminated derivative financial instruments that were previously accounted for as cash flow hedges, Net of Tax Amount	59	(329)
Unrealized (losses) gains on derivative financial instruments accounted for as cash flow hedges, Before-tax Amount	(2,832)	430
Unrealized (losses) gains on derivative financial instruments accounted for as cash flow hedges, Tax (Expense) Benefit	1,102	(167)
Unrealized (losses) gains on derivative financial instruments accounted for as cash flow hedges, Net of Tax Amount	(1,730)	263
Valuation allowance for the change in deferred taxes arising from unrealized gains and losses and amortization of gains included in net income on cash flow hedges, Tax (Expense) Benefit		(42)
Valuation allowance for the change in deferred taxes arising from unrealized gains and losses and amortization of gains included in net income on cash flow hedges, Net of Tax Amount		(42)
Net unrealized losses, Before-tax Amount	(2,735)	(108)
Net unrealized losses, Tax (Expense) Benefit	1,064
Net unrealized losses, Net of Tax Amount	(1,671)	(108)
Net actuarial gain (loss) on defined benefit pension plan, Before-tax Amount	296	(415)
Net actuarial gain (loss) on defined benefit pension plan, Tax (Expense) Benefit	(115)	161
Net actuarial gain (loss) on defined benefit pension plan, Net of Tax Amount	181	(254)
Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan, Before-tax Amount	91	132
Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan, Tax (Expense) Benefit	(35)	(51)
Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan, Net of Tax Amount	56	81
Valuation allowance for the change in deferred taxes arising from reclassification of unamortized prior service cost and actuarial losses and amortization of prior service cost and actuarial losses, Tax (Expense) Benefit		(110)
Valuation allowance for the change in deferred taxes arising from reclassification of unamortized prior service cost and actuarial losses and amortization of prior service cost and actuarial losses, Net of Tax Amount		(110)
Net defined benefit pension plan activity, Before-tax Amount	387	(283)
Net defined benefit pension plan activity, Tax (Expense) Benefit	(150)
Net defined benefit pension plan activity, Net of Tax Amount	237	(283)
Total other comprehensive income, Before-tax Amount	1,634	815
Total other comprehensive income, Tax (Expense) Benefit	(558)
Total other comprehensive income, net of tax amount	1,076	815
Comprehensive income, Before-tax Amount	26,072	13,165
Comprehensive income, Tax (Expense) Benefit	(9,596)	(585)
Comprehensive income, Net of Tax Amount	$ 16,476	$ 12,580

Consolidated Balance Sheet (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
ASSETS
Cash and due from banks	$ 52,813	$ 71,230	$ 57,638
Interest-bearing deposits in banks	110,529	119,669	107,390
Short-term investments	49,999	37,999	82,000
Cash and cash equivalents	213,341	228,898	247,028
Securities available for sale	1,837,676	1,832,217	1,909,426
Securities held to maturity (fair value $473,136, $485,585 and $247,087)	464,697	479,742	231,087
Mortgage loans held for sale	10,933	10,319	18,290
Loans, net of unearned income	4,355,708	4,329,266	4,193,560
Less allowance for loan losses	(75,223)	(76,762)	(105,753)
Loans, net	4,280,485	4,252,504	4,087,807
Assets covered by loss sharing agreements with the FDIC	21,353	22,882	42,096
Premises and equipment, net	161,540	163,589	168,036
Bank owned life insurance	80,790	80,670	82,114
Accrued interest receivable	18,572	19,598	18,302
Intangible assets	3,093	3,480	4,805
Foreclosed property	5,594	4,221	16,734
Net deferred tax asset	243,683	258,518
Derivative financial instruments	21,563	23,833	601
Other assets	34,917	44,948	23,042
Total assets	7,398,237	7,425,419	6,849,368
Deposits:
Demand	1,471,781	1,388,512	1,298,425
NOW	1,392,863	1,427,939	1,281,454
Money market	1,235,429	1,227,575	1,165,836
Savings	270,910	251,125	243,347
Time:
Less than $100,000	833,188	892,961	1,019,396
Greater than $100,000	572,889	588,689	685,174
Brokered	470,481	424,704	332,220
Total deposits	6,247,541	6,201,505	6,025,852
Short-term borrowings	123,075	53,241	51,999
Federal Home Loan Bank advances	50,125	120,125	125
Long-term debt	129,865	129,865	124,825
Derivative financial instruments	42,309	46,232	14,556
Unsettled securities purchases	63,999	29,562
Accrued expenses and other liabilities	37,593	49,174	39,793
Total liabilities	6,694,507	6,629,704	6,257,150
Shareholders' equity:
Common stock	50,011	46,243	43,064
Common stock issuable; 237,763, 241,832 and 133,469 shares	3,840	3,930	2,726
Capital surplus	1,091,696	1,078,676	1,059,222
Accumulated deficit	(433,130)	(448,091)	(700,440)
Accumulated other comprehensive loss	(18,768)	(19,844)	(22,825)
Total shareholders' equity	703,730	795,715	592,218
Total liabilities and shareholders' equity	7,398,237	7,425,419	6,849,368
Series A Preferred Stock
Shareholders' equity:
Preferred stock			217
Total shareholders' equity			217
Series B Preferred Stock
Shareholders' equity:
Preferred stock		105,000	178,937
Total shareholders' equity		105,000	178,937
Series D Preferred Stock
Shareholders' equity:
Preferred stock		16,613	16,613
Total shareholders' equity		16,613	16,613
Non-Voting Common Stock
Shareholders' equity:
Common stock	10,081	13,188	14,704
Total shareholders' equity	$ 10,081	$ 13,188	$ 14,704

Consolidated Balance Sheet (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Held to maturity, fair value (in dollars)	$ 473,136	$ 485,585	$ 247,087
Preferred stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Preferred stock, shares authorized	10,000,000	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized	100,000,000	100,000,000	100,000,000
Common stock, shares issued	50,011,094	46,243,345	43,063,761
Common stock, shares outstanding	50,011,094	46,243,345	43,063,761
Common stock issuable, shares	237,763	241,832	133,469
Series A Preferred Stock
Preferred stock, par value (in dollars per share)	$ 10	$ 10	$ 10
Preferred stock, shares issued	0	0	21,700
Preferred stock, shares outstanding	0	0	21,700
Series B Preferred Stock
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000	$ 1,000
Preferred stock, shares issued	0	105,000	180,000
Preferred stock, shares outstanding	0	105,000	180,000
Series D Preferred Stock
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000	$ 1,000
Preferred stock, shares issued	0	16,613	16,613
Preferred stock, shares outstanding	0	16,613	16,613
Non-Voting Common Stock
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized	26,000,000	26,000,000	26,000,000
Common stock, shares issued	10,080,787	13,188,206	14,703,636
Common stock, shares outstanding	10,080,787	13,188,206	14,703,636

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Series A Preferred Stock	Series B Preferred Stock	Series D Preferred Stock	Non-Voting Common Stock	Common Stock	Common Stock Issuable	Capital Surplus	Accumulated Deficit	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2012	$ 217	$ 178,557	$ 16,613	$ 15,317	$ 42,424	$ 3,119	$ 1,057,951	$ (709,153)	$ (23,640)	$ 581,405
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								11,765		11,765
Other comprehensive income									815	815
Common stock issued to dividend reinvestment plan and to employee benefit plans (11,837 and 18,170 shares for 2014 and 2013 respectively)					18		171			189
Conversion of non-voting common stock to voting (3,107,419 and 613,158 shares for 2014 and 2013 respectively)				(613)	613
Amortization of stock options and restricted stock awards							626			626
Vesting of restricted stock (1,096 shares issued, 0 shares deferred and 4,042 shares issued, 259 shares deferred for 2014 and 2013 respectively)					4		40			44
Deferred compensation plan, net, including dividend equivalents						46				46
Shares issued from deferred compensation plan (7,397 and 4,521 shares for 2014 and 2013 respectively)					5	(439)	434
Preferred stock dividends:
Series A								(3)		(3)
Series B		380						(2,630)		(2,250)
Series D								(419)		(419)
Balance at Mar. 31, 2013	217	178,937	16,613	14,704	43,064	2,726	1,059,222	(700,440)	(22,825)	592,218
Balance at Dec. 31, 2013		105,000	16,613	13,188	46,243	3,930	1,078,676	(448,091)	(19,844)	795,715
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								15,400		15,400
Other comprehensive income									1,076	1,076
Redemption of Series B preferred stock (105,000 shares)		(105,000)								(105,000)
Redemption of Series D preferred stock (16,613 shares)			(16,613)							(16,613)
Common stock issued at market (640,000 shares)					640		11,566			12,206
Common stock issued to dividend reinvestment plan and to employee benefit plans (11,837 and 18,170 shares for 2014 and 2013 respectively)					12		197			209
Conversion of non-voting common stock to voting (3,107,419 and 613,158 shares for 2014 and 2013 respectively)				(3,107)	3,107
Amortization of stock options and restricted stock awards							1,120			1,120
Vesting of restricted stock (1,096 shares issued, 0 shares deferred and 4,042 shares issued, 259 shares deferred for 2014 and 2013 respectively)					1		(2)			(1)
Deferred compensation plan, net, including dividend equivalents						57				57
Shares issued from deferred compensation plan (7,397 and 4,521 shares for 2014 and 2013 respectively)					8	(147)	139
Preferred stock dividends:
Series B								(159)		(159)
Series D								(280)		(280)
Balance at Mar. 31, 2014				$ 10,081	$ 50,011	$ 3,840	$ 1,091,696	$ (433,130)	$ (18,768)	$ 703,730

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - shares	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Consolidated Statement Of Changes In Shareholders' Equity [Abstract]
Number of shares redeemed of Series B preferred stock	105,000
Number of shares redeemed of Series D preferred stock	16,613
Number of common stock issued at market	640,000
Common stock issued to dividend reinvestment plan and employee benefit plans	11,837	18,170
Conversion of non-voting common stock to voting shares	3,107,419	613,158
Vesting of restricted stock, shares issued	1,096	4,042
Vesting of restricted stock, shares deferred	0	259
Shares issued from deferred compensation plan	7,397	4,521

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating activities:
Net income	$ 15,400	$ 11,765
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	4,927	7,505
Provision for credit losses	2,500	11,000
Stock based compensation	1,120	626
Deferred income tax expense	9,776
Securities gains, net	(217)	(116)
Net (gains) losses on sales of foreclosed property	(244)	1,146
Changes in assets and liabilities:
Other assets and accrued interest receivable	6,607	7,915
Accrued expenses and other liabilities	(12,230)	3,225
Mortgage loans held for sale	(614)	10,531
Net cash provided by operating activities	27,025	53,597
Investment securities held-to-maturity:
Proceeds from maturities and calls	15,007	17,501
Purchases		(4,993)
Investment securities available-for-sale:
Proceeds from sales	153,316	15,751
Proceeds from maturities and calls	56,757	132,211
Purchases	(173,024)	(219,349)
Net increase in loans	(34,027)	(36,224)
Funds collected from FDIC under loss sharing agreements	1,623	2,452
Proceeds from sales of premises and equipment	509	550
Purchases of premises and equipment	(618)	(2,001)
Proceeds from sale of other real estate	2,417	5,726
Net cash provided by (used in) investing activities	21,960	(88,376)
Financing activities:
Net change in deposits	46,036	73,712
Net change in short-term borrowings	69,834	(575)
Proceeds from Federal Home Loan Bank advances	355,000	185,000
Repayment of Federal Home Loan Bank advances	(425,000)	(225,000)
Proceeds from issuance of common stock for dividend reinvestment and employee benefit plans	209	189
Retirement of preferred stock	(121,613)
Issuance of common stock	12,206
Cash dividends on preferred stock	(1,214)	(2,668)
Net cash (used in) provided by financing activities	(64,542)	30,658
Net change in cash and cash equivalents	(15,557)	(4,121)
Cash and cash equivalents at beginning of period	228,898	251,149
Cash and cash equivalents at end of period	213,341	247,028
Cash paid during the period for:
Interest	7,449	8,025
Income taxes	1,321	1,659
Unsettled securities purchases	34,437
Transfers of loans to foreclosed property	$ 4,367	$ 6,288

Accounting Policies	3 Months Ended
Accounting Policies	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]
Accounting Policies	Note 1 – Accounting Policies The accounting and financial reporting policies of United Community Banks, Inc. (“United”) and its subsidiaries conform to accounting principles generally accepted in the United States of America (“GAAP”) and general banking industry practices. The accompanying interim consolidated financial statements have not been audited. All material intercompany balances and transactions have been eliminated. A more detailed description of United’s accounting policies is included in its Annual Report on Form 10-K for the year ended December 31, 2013. In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying financial statements have been made. These adjustments are normal and recurring accruals considered necessary for a fair and accurate presentation. The results for interim periods are not necessarily indicative of results for the full year or any other interim periods. Reclassifications Certain 2013 amounts have been reclassified to conform to the 2014 presentation. During the fourth quarter of 2013, United reclassified hedge ineffectiveness gains and losses from other fee revenue to net interest revenue. The impact of the reclassification has been reflected in all periods and was not material to any period.

Accounting Standards Updates and Recently Adopted Standards	3 Months Ended
	Mar. 31, 2014
Accounting Standards Updates [Abstract]
Accounting Standards Updates and Recently Adopted Standards	Note 2 –Accounting Standards Updates and Recently Adopted Standards In April 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. This ASU limits the definition of discontinued operations to disposals of components of an entity that represent strategic shifts that have a major effect on an entity’s operations and financial results. It also requires expanded disclosures for discontinued operations. The standard is effective for disposals that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. This guidance is not expected to have a material impact on United’s financial position or results of operations.

Balance Sheet Offsetting

3 Months Ended

Mar. 31, 2014

Offsetting [Abstract]

Balance Sheet Offsetting

Note 3 – Balance Sheet Offsetting

United enters into reverse repurchase agreements in order to invest short-term funds. In addition, United enters into repurchase agreements and reverse repurchase agreements with the same counterparty in transactions commonly referred to as collateral swaps that are subject to master netting agreements under which the balances are netted in the balance sheet in accordance with ASC 210-20, Offsetting.

The following table presents a summary of amounts outstanding under reverse repurchase agreements and derivative financial instruments including those entered into in connection with the same counterparty under master netting agreements as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).


				Gross Amounts Offset on the Balance Sheet
	Gross Amounts of Recognized Assets								Gross Amounts not Offset in the Balance Sheet
									Gross Amounts not Offset in the Balance Sheet
							Net Asset Balance		Financial Instruments			Collateral Received
March 31, 2014							Net Asset Balance		Financial Instruments			Collateral Received			Net Amount

Repurchase agreements / reverse repurchase agreements	$	397,000		$	(350,000	)	$	47,000	$	-		$	(51,243	)	$	-
Derivatives		21,563			-			21,563		(3,896	)		(704	)		16,963
Total	$	418,563		$	(350,000	)	$	68,563	$	(3,896	)	$	(51,947	)	$	16,963

Weighted average interest rate of reverse repurchase agreements		1.09	%


	Gross Amounts of Recognized Liabilities			Gross Amounts Offset on the Balance Sheet
									Gross Amounts not Offset in the Balance Sheet
							Net Liability Balance		Financial Instruments			Collateral Pledged			Net Amount

Repurchase agreements / reverse repurchase agreements	$	350,000		$	(350,000	)	$	-	$	-		$	-		$	-
Derivatives		42,309			-			42,309		(3,896	)		(35,754	)		2,659
Total	$	392,309		$	(350,000	)	$	42,309	$	(3,896	)	$	(35,754	)	$	2,659

Weighted average interest rate of repurchase agreements		.28	%

Gross

Amounts of

Recognized

Assets

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

December 31, 2013

Net Asset

Balance

Financial

Instruments

Collateral

Received

Net Amount


Repurchase agreements / reverse repurchase agreements	$	385,000		$	(350,000	)	$	35,000	$	-		$	(38,982	)	$	-
Derivatives		23,833			-			23,833		(4,378	)		(2,912	)		16,543
Total	$	408,833		$	(350,000	)	$	58,833	$	(4,378	)	$	(41,894	)	$	16,543

Weighted average interest rate of reverse repurchase agreements		1.09	%

Gross

Amounts of

Recognized

Liabilities

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

Net Liability

Balance

Financial

Instruments

Collateral

Pledged

Net Amount


Repurchase agreements / reverse repurchase agreements	$	350,000		$	(350,000	)	$	-	$	-		$	-		$	-
Derivatives		46,232			-			46,232		(4,378	)		(38,145	)		3,709
Total	$	396,232		$	(350,000	)	$	46,232	$	(4,378	)	$	(38,145	)	$	3,709

Weighted average interest rate of repurchase agreements		.27	%

Gross

Amounts of

Recognized

Assets

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

March 31, 2013

Net Asset

Balance

Financial

Instruments

Collateral

Received

Net Amount


Repurchase agreements / reverse repurchase agreements	$	332,000		$	(250,000	)	$	82,000	$	-		$	(87,470	)	$	-
Derivatives		602			-			602		(57	)		-			545
Total	$	332,602		$	(250,000	)	$	82,602	$	(57	)	$	(87,470	)	$	545

Weighted average interest rate of reverse repurchase agreements		1.28	%

Gross

Amounts of

Recognized

Liabilities

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

Net Liability

Balance

Financial

Instruments

Collateral

Pledged

Net Amount


Repurchase agreements / reverse repurchase agreements	$	250,000		$	(250,000	)	$	-	$	-		$	-		$	-
Derivatives		14,556			-			14,556		(57	)		(14,585	)		-
Total	$	264,556		$	(250,000	)	$	14,556	$	(57	)	$	(14,585	)	$	-

Weighted average interest rate of repurchase agreements		.37	%

Securities

3 Months Ended

Mar. 31, 2014

Investment Securities [Abstract]

Securities

Note 4 – Securities

Realized gains and losses are derived using the specific identification method for determining the cost of securities sold. The following table summarizes securities sales activity for the three months ended March 31, 2014 and 2013 (in thousands).


	Three Months Ended March 31,
	2014			2013
Proceeds from sales	$	153,316		$	15,751
Gross gains on sales	$	410		$	116
Gross losses on sales		(193	)		-
Net gains on sales of securities	$	217		$	116
Income tax expense attributable to sales	$	92		$	45

Securities with a carrying value of $1.48 billion, $1.53 billion and $1.25 billion were pledged to secure public deposits and other secured borrowings at March 31, 2014, December 31, 2013 and March 31, 2013, respectively. Substantial borrowing capacity remains available under borrowing arrangements with the Federal Home Loan Bank of Atlanta (“FHLB”) with currently pledged securities.

In the fourth quarter of 2013, securities available-for-sale with a fair value of $301 million were transferred to held-to-maturity. The securities were transferred at their fair value on the date of transfer. The unrealized loss of $8.31 million on the transferred securities is being amortized into interest revenue as an adjustment to the yield on those securities over the remaining life of the transferred securities.

The cost basis, gross unrealized gains and losses and fair value of securities held-to-maturity at March 31, 2014, December 31, 2013 and March 31, 2013 are as follows (in thousands).


			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
As of March 31, 2014	Cost		Gains		Losses		Value
State and political subdivisions	$	51,257	$	3,430	$	13	$	54,674
Mortgage-backed securities (1)		413,440		6,877		1,855		418,462

Total	$	464,697	$	10,307	$	1,868	$	473,136

As of December 31, 2013
State and political subdivisions	$	51,733	$	2,718	$	42	$	54,409
Mortgage-backed securities (1)		428,009		6,690		3,523		431,176

Total	$	479,742	$	9,408	$	3,565	$	485,585

As of March 31, 2013
State and political subdivisions	$	51,768	$	5,663	$	-	$	57,431
Mortgage-backed securities (1)		179,319		10,388		51		189,656

Total	$	231,087	$	16,051	$	51	$	247,087
(1) All are residential type mortgage-backed securities

The following table summarizes held-to-maturity securities in an unrealized loss position as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).


	Less than 12 Months				12 Months or More				Total
As of March 31, 2014	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	1,628	$	13	$	-	$	-	$	1,628	$	13
Mortgage-backed securities		200,284		1,721		1,644		134		201,928		1,855
Total unrealized loss position	$	201,912	$	1,734	$	1,644	$	134	$	203,556	$	1,868

As of December 31, 2013
State and political subdivisions	$	1,595	$	42	$	-	$	-	$	1,595	$	42
Mortgage-backed securities		259,870		3,523		-		-		259,870		3,523
Total unrealized loss position	$	261,465	$	3,565	$	-	$	-	$	261,465	$	3,565

As of March 31, 2013
Mortgage-backed securities	$	4,929	$	51	$	-	$	-		4,929		51
Total unrealized loss position	$	4,929	$	51	$	-	$	-	$	4,929	$	51

Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to the length of time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, among other factors. In analyzing an issuer’s financial condition, management considers whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and industry analysts’ reports. No impairment charges were recognized during the three months ended March 31, 2014 or 2013.

The cost basis, unrealized gains and losses, and fair value of securities available-for-sale at March 31, 2014, December 31, 2013 and March 31, 2013 are presented below (in thousands).


			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
As of March 31, 2014	Cost		Gains		Losses		Value
State and political subdivisions	$	22,244	$	842	$	80	$	23,006
Mortgage-backed securities (1)		1,126,227		13,213		11,328		1,128,112
Corporate bonds		255,238		1,616		4,930		251,924
Asset-backed securities		429,492		3,003		433		432,062
Other		2,572		-		-		2,572

Total	$	1,835,773	$	18,674	$	16,771	$	1,837,676

As of December 31, 2013
State and political subdivisions	$	22,558	$	823	$	139	$	23,242
Mortgage-backed securities (1)		1,145,800		13,296		13,749		1,145,347
Corporate bonds		255,316		1,304		6,324		250,296
Asset-backed securities		409,086		2,535		988		410,633
Other		2,699		-		-		2,699

Total	$	1,835,459	$	17,958	$	21,200	$	1,832,217

As of March 31, 2013
State and political subdivisions	$	22,711	$	1,330	$	4	$	24,037
Mortgage-backed securities (1)		1,450,645		21,210		3,544		1,468,311
Corporate bonds		190,843		2,035		4,084		188,794
Asset-backed securities		223,827		2,420		377		225,870
Other		2,414		-		-		2,414

Total	$	1,890,440	$	26,995	$	8,009	$	1,909,426

(1) All are residential type mortgage-backed securities

The following table summarizes available-for-sale securities in an unrealized loss position as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).


	Less than 12 Months				12 Months or More				Total
As of March 31, 2014	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	3,595	$	80	$	-	$	-	$	3,595	$	80
Mortgage-backed securities		342,886		3,817		186,290		7,511		529,176		11,328
Corporate bonds		82,337		2,393		75,320		2,537		157,657		4,930
Asset-backed securities		136,076		433		-		-		136,076		433
Total unrealized loss position	$	564,894	$	6,723	$	261,610	$	10,048	$	826,504	$	16,771

As of December 31, 2013
State and political subdivisions	$	4,539	$	139	$	-	$	-	$	4,539	$	139
Mortgage-backed securities		334,996		6,480		175,865		7,269		510,861		13,749
Corporate bonds		137,318		4,494		54,130		1,830		191,448		6,324
Asset-backed securities		164,933		722		22,370		266		187,303		988
Total unrealized loss position	$	641,786	$	11,835	$	252,365	$	9,365	$	894,151	$	21,200


	Less than 12 Months				12 Months or More				Total
As of March 31, 2013	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	1,185	$	2	$	10	$	2	$	1,195	$	4
Mortgage-backed securities		399,263		3,544		-		-		399,263		3,544
Corporate bonds		21,323		145		77,007		3,939		98,330		4,084
Asset-backed securities		72,064		377		-		-		72,064		377
Total unrealized loss position	$	493,835	$	4,068	$	77,017	$	3,941	$	570,852	$	8,009

At March 31, 2014, there were 113 available-for-sale securities and 35 held-to-maturity securities that were in an unrealized loss position. United does not intend to sell nor believes it will be required to sell securities in an unrealized loss position prior to the recovery of their amortized cost basis. Unrealized losses at March 31, 2014 and December 31, 2013 were primarily attributable to changes in interest rates. Unrealized losses at March 31, 2013 were primarily related to changes in interest rates; however, the unrealized losses in corporate bonds also reflect downgrades in the underlying securities ratings since the time of acquisition. The bonds remain above investment grade and have recovered much of their initial market value loss. Therefore, United does not consider them to be impaired.

The amortized cost and fair value of held-to-maturity and available-for-sale securities at March 31, 2014, by contractual maturity, are presented in the following table (in thousands).


	Available-for-Sale				Held-to-Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value

State and political subdivisions:
Within 1 year	$	6,290	$	6,404	$	763	$	759
1 to 5 years		12,496		13,043		15,850		16,992
5 to 10 years		2,610		2,667		22,698		24,262
More than 10 years		848		892		11,946		12,661
		22,244		23,006		51,257		54,674

Corporate bonds:
1 to 5 years		38,316		38,592		-		-
5 to 10 years		206,144		203,053		-		-
More than 10 years		10,778		10,279		-		-
		255,238		251,924		-		-

Asset-backed securities:
Within 1 year		9,980		9,975		-		-
1 to 5 years		71,360		72,443		-		-
5 to 10 years		317,888		319,417		-		-
More than 10 years		30,264		30,227		-		-
		429,492		432,062		-		-

Other:
More than 10 years		2,572		2,572		-		-
		2,572		2,572		-		-

Total securities other than mortgage-backed securities:
Within 1 year		16,270		16,379		763		759
1 to 5 years		122,172		124,078		15,850		16,992
5 to 10 years		526,642		525,137		22,698		24,262
More than 10 years		44,462		43,970		11,946		12,661

Mortgage-backed securities		1,126,227		1,128,112		413,440		418,462

	$	1,835,773	$	1,837,676	$	464,697	$	473,136

Expected maturities may differ from contractual maturities because issuers and borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

Loans and Allowance for Loan Losses

3 Months Ended

Mar. 31, 2014

Loans and Allowance For Loan Losses [Abstract]

Loans and Allowance for Loan Losses

Note 5 – Loans and Allowance for Loan Losses

Major classifications of loans as of March 31, 2014, December 31, 2013 and March 31, 2013, are summarized as follows (in thousands).


	March 31,			December 31,			March 31,
	2014			2013			2013

Commercial (secured by real estate)	$	1,765,621		$	1,756,710		$	1,804,030
Commercial & industrial		495,178			471,961			453,764
Commercial construction		148,454			148,903			152,410
Total commercial		2,409,253			2,377,574			2,410,204
Residential mortgage		866,615			875,077			849,802
Home equity lines of credit		446,705			440,887			396,173
Residential construction		317,749			328,579			371,733
Consumer installment		106,991			111,045			110,796
Indirect auto		208,395			196,104			54,852

Total loans		4,355,708			4,329,266			4,193,560

Less allowance for loan losses		(75,223	)		(76,762	)		(105,753	)

Loans, net	$	4,280,485		$	4,252,504		$	4,087,807

At March 31, 2014, December 31, 2013 and March 31, 2013, loans with a carrying value of $2.07 billion, $1.77 billion and $1.94 billion, respectively, were pledged as collateral to secure FHLB advances and other contingent funding sources.

During the second quarter of 2013, United executed a plan to accelerate the disposition of classified assets including performing classified loans, nonperforming loans and foreclosed properties. The purpose of the accelerated classified asset disposition plan was to resolve legacy credit problems remaining from the recent financial crisis and to accelerate the improvement of United’s credit measures toward pre-crisis levels. The classified asset sales included individual note and foreclosed property sales and a large bulk sale of classified assets to a single investor. The bulk sale included performing and nonperforming classified loans and foreclosed properties. The assets were divided into four separate pools that were bid separately by potential buyers. A single purchaser was the high bidder for each of the four pools. The table below shows the allocation among impaired loans, loans that were not considered impaired and foreclosed properties, including United’s recorded investment in those assets, the sales proceeds and the resulting net charge-offs of assets sold in the bulk sale transaction (in thousands).


	Recorded Investment		Net Sales Proceeds		Net Charge-Off
Loans considered impaired	$	96,829	$	56,298	$	(40,531	)
Loans not considered impaired		25,687		15,227		(10,460	)
Foreclosed properties		8,398		5,933		(2,465	)
Total assets sold	$	130,914	$	77,458	$	(53,456	)

The loans considered impaired in the table above were assigned specific reserves of $6.86 million in the most recent analysis of the allowance for loan losses prior to the sale. Because the assets were sold at liquidation prices in a bulk transaction with no recourse, the sales price was generally lower than the appraised value of the foreclosed properties and loan collateral. Although the classified asset sales increased charge-offs during the second quarter of 2013, they accomplished management’s goal of moving classified asset levels toward the pre-crisis range.

The allowance for loan losses represents management’s estimate of probable incurred losses in the loan portfolio as of the end of the period. In 2013, United established an allowance for unfunded commitments separate from the allowance for loan losses due to significant growth in unfunded loan commitments. The allowance for unfunded commitments is included in other liabilities in the consolidated balance sheet. Combined, the allowance for loan losses and allowance for unfunded commitments are referred to as the allowance for credit losses.

The following table presents the balance and activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2014 and 2013 (in thousands).


Three Months Ended March 31, 2014	Beginning Balance		Charge-Offs			Recoveries		Provision			Ending Balance

Commercial (secured by real estate)	$	24,338	$	(572	)	$	89	$	7,363		$	31,218
Commercial & industrial		6,527		(963	)		541		(1,858	)		4,247
Commercial construction		3,669		-			-		308			3,977
Residential mortgage		15,446		(1,581	)		66		2,036			15,967
Home equity lines of credit		5,528		(1,003	)		10		1,585			6,120
Residential construction		12,532		(304	)		93		(140	)		12,181
Consumer installment		1,353		(676	)		327		(287	)		717
Indirect auto		1,126		(77	)		11		(264	)		796
Unallocated		6,243		-			-		(6,243	)		-
Total allowance for loan losses		76,762		(5,176	)		1,137		2,500			75,223
Allowance for unfunded commitments		2,165		-			-		-			2,165
Total allowance for credit losses	$	78,927	$	(5,176	)	$	1,137	$	2,500		$	77,388

Three Months Ended March 31, 2013	Beginning Balance		Charge-Offs			Recoveries		Provision			Ending Balance

Commercial (secured by real estate)	$	27,847	$	(5,454	)	$	211	$	7,804		$	30,408
Commercial & industrial		5,537		(1,823	)		322		1,590			5,626
Commercial construction		8,389		(45	)		49		(285	)		8,108
Residential mortgage		19,117		(1,797	)		162		1,741			19,223
Home equity lines of credit		7,525		(559	)		47		692			7,705
Residential construction		26,662		(2,982	)		9		(363	)		23,326
Consumer installment		2,527		(665	)		181		(263	)		1,780
Indirect auto		220		(42	)		2		132			312
Unallocated		9,313		-			-		(48	)		9,265
Total allowance for loan losses		107,137		(13,367	)		983		11,000			105,753
Allowance for unfunded commitments		-		-			-		-			-
Total allowance for credit losses	$	107,137	$	(13,367	)	$	983	$	11,000		$	105,753

The following table represents the recorded investment in loans by portfolio segment and the balance of the allowance for loan losses assigned to each segment based on the method of evaluating the loans for impairment as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).


	Allowance for Loan Losses
	March 31, 2014						December 31, 2013						March 31, 2013
	Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance

Commercial (secured by real estate)	$	3,259	$	27,959	$	31,218	$	2,013	$	22,325	$	24,338	$	5,089	$	25,319	$	30,408
Commercial & industrial		253		3,994		4,247		66		6,461		6,527		1,026		4,600		5,626
Commercial construction		469		3,508		3,977		112		3,557		3,669		2,093		6,015		8,108
Residential mortgage		3,079		12,888		15,967		2,914		12,532		15,446		1,804		17,419		19,223
Home equity lines of credit		67		6,053		6,120		5		5,523		5,528		-		7,705		7,705
Residential construction		1,253		10,928		12,181		688		11,844		12,532		1,945		21,381		23,326
Consumer installment		19		698		717		224		1,129		1,353		14		1,766		1,780
Indirect auto		-		796		796		-		1,126		1,126		-		312		312
Unallocated		-		-		-		-		6,243		6,243		-		9,265		9,265
Total allowance for loan losses		8,399		66,824		75,223		6,022		70,740		76,762		11,971		93,782		105,753
Allowance for unfunded commitments		-		2,165		2,165		-		2,165		2,165		-		-		-
Total allowance for credit losses	$	8,399	$	68,989	$	77,388	$	6,022	$	72,905	$	78,927	$	11,971	$	93,782	$	105,753

	Loans Outstanding
	March 31, 2014						December 31, 2013						March 31, 2013
	Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance

Commercial (secured by real estate)	$	55,006	$	1,710,615	$	1,765,621	$	60,208	$	1,696,502	$	1,756,710	$	86,978	$	1,717,052	$	1,804,030
Commercial & industrial		4,167		491,011		495,178		4,217		467,744		471,961		50,347		403,417		453,764
Commercial construction		11,390		137,064		148,454		13,715		135,188		148,903		38,970		113,440		152,410
Residential mortgage		21,303		845,312		866,615		20,167		854,910		875,077		21,916		827,886		849,802
Home equity lines of credit		505		446,200		446,705		505		440,382		440,887		240		395,933		396,173
Residential construction		12,409		305,340		317,749		14,808		313,771		328,579		31,936		339,797		371,733
Consumer installment		340		106,651		106,991		999		110,046		111,045		407		110,389		110,796
Indirect auto		-		208,395		208,395		-		196,104		196,104		-		54,852		54,852
Total loans	$	105,120	$	4,250,588	$	4,355,708	$	114,619	$	4,214,647	$	4,329,266	$	230,794	$	3,962,766	$	4,193,560

United considers all loan relationships that are on nonaccrual with a balance of $500,000 or greater and all troubled debt restructurings (“TDRs”) to be impaired. In addition, United reviews all accruing substandard loan relationships greater than $2 million to determine if the loan is impaired. A loan is considered impaired when, based on current events and circumstances, it is probable that all amounts due, according to the contractual terms of the loan, will not be collected. All TDRs are considered impaired regardless of accrual status. Impairment is measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. A specific reserve is established for impaired loans for the amount of calculated impairment. Interest payments received on impaired nonaccrual loans are applied as a reduction of the outstanding principal balance. For impaired loans not on nonaccrual status, interest is accrued according to the terms of the loan agreement. Loans are evaluated for impairment quarterly and specific reserves are established in the allowance for loan losses for any measured impairment.

Each quarter, United’s management prepares an analysis of the allowance for credit losses to determine the appropriate balance that measures and quantifies the amount of probable incurred loss in the loan portfolio. The allowance is comprised of specific reserves which are determined as described above and general reserves which are determined based on historical loss experience as adjusted for current trends and economic conditions multiplied by a loss emergence period factor. United uses eight quarters of historical loss experience weighted toward the most recent four quarters to determine the loss factors to be used in the reserve calculation for loans evaluated in the aggregate. Eight quarters has been determined to be an appropriate time period as it is recent enough to be relevant to current conditions and covers a length of time sufficient to minimize distortions caused by nonrecurring and unusual activity that might otherwise influence a shorter time period. In previous quarters, the weighted average was calculated by multiplying each quarter’s annualized historical net charge-off rate by 1 through 8, with 8 representing the most recent quarter and 1 representing the oldest quarter. United adopted this method of weighting quarterly loss rates to capture the rapidly deteriorating credit conditions in its loss factors during the financial crisis. Now that credit conditions have begun to stabilize, management concluded in the first quarter of 2014 that it was appropriate to apply a more level weighting to capture the full range of the loss cycle. Therefore in the first quarter of 2014, United applied different weighting factors to the eight quarters of losses. For the four most recent quarters, United applied a weighting factor of 1.75. For the four oldest quarters, United applied a weighting of 1.00 for each quarterly loss factor. Management believes the current weightings are more appropriate to measure the unconfirmed loss present in the loan portfolio.

Also, beginning in the first quarter of 2014, United changed its method of measuring the loss emergence period in the allowance analysis. The rapidly deteriorating credit conditions during the peak of the credit cycle shortened the length of time between the incurrence of a loss and its recognition as a charge off. In most cases, the loss confirmation cycle was within a twelve month period which made the use of annualized loss factors appropriate for measuring the amount of unconfirmed loss in the loan portfolio. As United has moved out beyond the peak of the financial crisis, the loss confirmation cycle has extended. United calculates the loss emergence period for each pool of loans based on the average length of time between the date a loan first exceeds 30 days past due and the date the loan is charged off.

The change in the application of weightings to the eight quarters of loss history and the change to the method of determining the loss emergence period did not have a material effect on the balance of the allowance for loan losses or the provision for loan losses for the first quarter of 2014. They did, however, result in the full allocation of the previously unallocated portion of the allowance for loan losses.

On junior lien home equity loans, United has limited ability to monitor the delinquency status of the first lien unless the first lien is also held by United. As a result, United applies the weighted average historical loss factor for this category and appropriately adjusts it to reflect the increased risk of loss from these credits.

Management carefully reviews the resulting loss factors for each category of the loan portfolio and evaluates whether qualitative adjustments are necessary to take into consideration recent credit trends such as increases or decreases in past due, nonaccrual, criticized and classified loans, acceleration or delays in timing of recognition of losses that may affect historical loss emergence periods, and other macro environmental factors such as changes in unemployment rates, lease vacancy rates and trends in property values and absorption rates.

United’s management believes that its method of determining the balance of the allowance for loan losses provides a reasonable and reliable basis for measuring and reporting losses that are inherent in the loan portfolio as of the reporting date.

When a loan officer determines that a loan is uncollectible, he or she is responsible for recommending that the loan be charged off. Full or partial charge-offs may also be recommended by the Collections Department, the Special Assets Department and the Foreclosure / OREO department. Nonaccrual real estate loans that are collateral dependent are generally charged down to 80% of the appraised value of the underlying collateral at the time they are placed on nonaccrual status.

A committee consisting of the Chief Risk Officer, Senior Risk Officer and the Senior Credit Officers meets monthly to review charge-offs that have occurred during the previous month.

Closed-end retail loans (installment and residential mortgage loans) and open-end (revolving) retail loans past due 90 cumulative days are charged off unless the loan is secured and in process of collection (within the next 90 days).

The following table presents loans individually evaluated for impairment by class of loans as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).

	March 31, 2014						December 31, 2013						March 31, 2013
	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated

With no related allowance recorded:
Commercial (secured by real estate)	$	24,716	$	17,850	$	-	$	30,361	$	24,205	$	-	$	50,386	$	37,202	$	-
Commercial & industrial		2,417		1,851		-		2,252		2,252		-		73,196		46,895		-
Commercial construction		390		390		-		974		974		-		23,486		16,703		-
Total commercial		27,523		20,091		-		33,587		27,431		-		147,068		100,800		-
Residential mortgage		7,292		5,364		-		4,496		3,634		-		7,522		6,066		-
Home equity lines of credit		-		-		-		-		-		-		240		240		-
Residential construction		6,474		5,174		-		9,462		7,807		-		19,026		15,223		-
Consumer installment		82		82		-		-		-		-		-		-		-
Indirect auto		-		-		-		-		-		-		-		-		-
Total with no related allowance recorded		41,371		30,711		-		47,545		38,872		-		173,856		122,329		-

With an allowance recorded:
Commercial (secured by real estate)		39,377		37,156		3,259		36,085		36,003		2,013		52,363		49,777		5,089
Commercial & industrial		2,598		2,316		253		2,248		1,965		66		3,562		3,451		1,026
Commercial construction		11,079		11,000		469		12,821		12,741		112		23,150		22,267		2,093
Total commercial		53,054		50,472		3,981		51,154		50,709		2,191		79,075		75,495		8,208
Residential mortgage		16,688		15,939		3,079		17,119		16,533		2,914		16,104		15,850		1,804
Home equity lines of credit		505		505		67		505		505		5		-		-		-
Residential construction		8,615		7,235		1,253		8,469		7,001		688		17,244		16,713		1,945
Consumer installment		360		258		19		999		999		224		420		407		14
Indirect auto		-		-		-		-		-		-		-		-		-
Total with an allowance recorded		79,222		74,409		8,399		78,246		75,747		6,022		112,843		108,465		11,971
Total	$	120,593	$	105,120	$	8,399	$	125,791	$	114,619	$	6,022	$	286,699	$	230,794	$	11,971

There were no loans more than 90 days past due and still accruing interest at March 31, 2014, December 31, 2013 or March 31, 2013. Nonaccrual loans include both homogeneous loans that are collectively evaluated for impairment and individually evaluated impaired loans. United’s policy is to place loans on nonaccrual status when, in the opinion of management, the principal and interest on a loan is not likely to be repaid in accordance with the loan terms or when the loan becomes 90 days past due and is not well secured and in the process of collection. When a loan is classified on nonaccrual status, interest previously accrued but not collected is reversed against current interest revenue. Principal and interest payments received on a nonaccrual loan are applied to reduce outstanding principal.

The gross additional interest income that would have been earned if the loans classified as nonaccrual had performed in accordance with the original terms was approximately $460,000, and $1.14 million for the three months ended March 31, 2014 and 2013, respectively. The gross additional interest income that would have been earned in for the three months ended March 31, 2014 and 2013 had performing TDRs performed in accordance with the original terms is immaterial.

The average balances of impaired loans and income recognized on impaired loans while they were considered impaired is presented below for the three months ended March 31, 2014 and 2013 (in thousands).

	Three Months Ended March 31,
	2014						2013
	Average Balance		Interest Revenue Recognized During Impairment		Cash Basis Interest Revenue Received		Average Balance		Interest Revenue Recognized During Impairment		Cash Basis Interest Revenue Received

Commercial (secured by real estate)	$	54,969	$	670	$	713	$	91,631	$	946	$	1,000
Commercial & industrial		4,560		53		51		43,694		156		629
Commercial construction		12,714		112		135		39,208		151		232
Total commercial		72,243		835		899		174,533		1,253		1,861
Residential mortgage		21,321		229		238		19,912		238		220
Home equity lines of credit		505		5		6		502		3		3
Residential construction		13,037		145		150		40,592		326		428
Consumer installment		448		6		9		276		6		6
Indirect auto		-		-		-		-		-		-
Total	$	107,554	$	1,220	$	1,302	$	235,815	$	1,826	$	2,518

The following table presents the recorded investment (unpaid principal less amounts charged off) in nonaccrual loans by loan class as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).

	Nonaccrual Loans
	March 31, 2014			December 31, 2013			March 31, 2013

Commercial (secured by real estate)	$	5,146		$	8,340		$	17,304
Commercial & industrial		822			427			29,545
Commercial construction		479			361			22,359
Total commercial		6,447			9,128			69,208
Residential mortgage		13,307			11,730			10,901
Home equity lines of credit		1,106			1,448			916
Residential construction		3,805			4,264			14,592
Consumer installment		291			249			389
Indirect auto		294			-			-
Total	$	25,250		$	26,819		$	96,006

Balance as a percentage of unpaid principal		65.8	%		65.3	%		66.3	%

The following table presents the aging of the recorded investment in past due loans as of March 31, 2014, December 31, 2013 and March 31, 2013 by class of loans (in thousands).

	Loans Past Due								Loans Not
As of March 31, 2014	30 - 59 Days		60 - 89 Days		> 90 Days		Total		Past Due		Total
Commercial (secured by real estate)	$	2,310	$	1,446	$	1,865	$	5,621	$	1,760,000	$	1,765,621
Commercial & industrial		1,468		231		589		2,288		492,890		495,178
Commercial construction		313		46		366		725		147,729		148,454
Total commercial		4,091		1,723		2,820		8,634		2,400,619		2,409,253
Residential mortgage		7,295		3,520		4,806		15,621		850,994		866,615
Home equity lines of credit		1,554		551		502		2,607		444,098		446,705
Residential construction		1,440		30		782		2,252		315,497		317,749
Consumer installment		677		495		60		1,232		105,759		106,991
Indirect auto		263		179		137		579		207,816		208,395
Total loans	$	15,320	$	6,498	$	9,107	$	30,925	$	4,324,783	$	4,355,708

Loans Past Due

Loans Not

As of December 31, 2013

30 - 59 Days

60 - 89 Days

> 90 Days

Total

Past Due

Total

Commercial (secured by real estate)	$	5,724	$	2,797	$	2,547	$	11,068	$	1,745,642	$	1,756,710
Commercial & industrial		2,349		223		88		2,660		469,301		471,961
Commercial construction		94		190		235		519		148,384		148,903
Total commercial		8,167		3,210		2,870		14,247		2,363,327		2,377,574
Residential mortgage		9,011		2,832		4,140		15,983		859,094		875,077
Home equity lines of credit		2,056		430		941		3,427		437,460		440,887
Residential construction		1,335		588		1,375		3,298		325,281		328,579
Consumer installment		1,058		358		24		1,440		109,605		111,045
Indirect auto		185		65		42		292		195,812		196,104
Total loans	$	21,812	$	7,483	$	9,392	$	38,687	$	4,290,579	$	4,329,266

As of March 31, 2013
Commercial (secured by real estate)	$	7,402	$	2,304	$	5,750	$	15,456	$	1,788,574	$	1,804,030
Commercial & industrial		1,485		419		219		2,123		451,641		453,764
Commercial construction		856		-		5,530		6,386		146,024		152,410
Total commercial		9,743		2,723		11,499		23,965		2,386,239		2,410,204
Residential mortgage		10,293		2,395		4,014		16,702		833,100		849,802
Home equity lines of credit		1,606		272		145		2,023		394,150		396,173
Residential construction		2,310		2,371		2,373		7,054		364,679		371,733
Consumer installment		672		100		109		881		109,915		110,796
Indirect auto		10		52		-		62		54,790		54,852
Total loans	$	24,634	$	7,913	$	18,140	$	50,687	$	4,142,873	$	4,193,560

As of March 31, 2014, December 31, 2013, and March 31, 2013, $8.25 million, $5.64 million and $8.12 million, respectively, of specific reserves were allocated to customers whose loan terms have been modified in TDRs. United committed to lend additional amounts totaling up to $12,000, $6,000 and $613,000 as of March 31, 2014, December 31, 2013 and March 31, 2013, respectively, to customers with outstanding loans that are classified as TDRs.

The modification of the terms of the TDRs included one or a combination of the following: a reduction of the stated interest rate of the loan or an extension of the amortization period that would not otherwise be considered in the current market for new debt with similar risk characteristics; a permanent reduction of the principal amount; a restructuring of the borrower’s debt into an A/B note structure where the A note would fall within the borrower’s ability to pay and the remainder would be included in the B note, or a mandated bankruptcy restructuring.

The following table presents information on TDRs including the number of loan contracts restructured and the pre- and post-modification recorded investment (dollars in thousands).

	March 31, 2014						December 31, 2013						March 31, 2013
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment

Commercial (sec by RE)		78	$	45,130	$	40,959		77	$	44,964	$	40,667		97	$	80,618	$	74,675
Commercial & industrial		35		3,574		3,292		36		3,527		3,245		41		8,944		8,834
Commercial construction		14		11,678		11,598		13		13,122		13,042		25		36,491		32,614
Total commercial		127		60,382		55,849		126		61,613		56,954		163		126,053		116,123
Residential mortgage		148		21,163		19,657		133		20,117		18,852		119		19,661		18,783
Home equity lines of credit		3		505		505		3		505		505		1		240		240
Residential construction		52		10,400		9,518		57		12,459		10,452		71		25,651		23,345
Consumer installment		26		442		340		26		203		203		46		282		269
Indirect auto		-		-		-		-		-		-		-		-		-
Total loans		356		92,892		85,869		345		94,897	$	86,966		400		171,887		158,760

Loans modified under the terms of a TDR during the three months ended March 31, 2014 and 2013 are presented in the table below. In addition, the following table presents loans modified under the terms of a TDR that became 90 days or more delinquent during the three months ended March 31, 2014 and 2013, that were initially restructured within one year prior to becoming delinquent (dollars in thousands).

New Troubled Debt Restructurings for the Three Months Ended March 31, 2014	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Troubled Debt Restructurings Modified Within the Previous Twelve Months that Have Subsequently Defaulted During the Three Months Ended March 31, 2014
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Recorded Investment

Commercial (secured by real estate)		4	$	1,138	$	1,138		1	$	104
Commercial & industrial		1		224		224		2		54
Commercial construction		1		231		231		-		-
Total commercial		6		1,593		1,593		3		158
Residential mortgage		14		1,132		1,132		4		452
Home equity lines of credit		-		-		-		-		-
Residential construction		-		-		-		-		-
Consumer installment		2		142		142		-		-
Indirect auto		-		-		-		-		-
Total loans		22	$	2,867	$	2,867		7	$	610

New Troubled Debt Restructurings for the Three Months Ended March 31, 2013	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Troubled Debt Restructurings Modified Within the Previous Twelve Months that Have Subsequently Defaulted During the Three Months Ended March 31, 2013
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Recorded Investment

Commercial (secured by real estate)		8	$	3,568	$	3,568	$	1	$	432
Commercial & industrial		9		815		709		1		35
Commercial construction		-		-		-		2		1,454
Total commercial		17		4,383		4,277		4		1,921
Residential mortgage		11		2,115		2,115		1		68
Home equity lines of credit		-		-		-		-		-
Residential construction		5		784		655		2		117
Consumer installment		4		21		21		3		20
Indirect auto		-		-		-		-		-
Total loans		37	$	7,303	$	7,068		10	$	2,126

Collateral dependent TDRs that subsequently default and are placed on nonaccrual are charged down to the fair value of the collateral consistent with United’s policy for nonaccrual loans. Impairment on TDRs that are not collateral dependent continues to be measured on discounted cash flows regardless of whether the loan has subsequently defaulted.

As of March 31, 2014, December 31, 2013 and March 31, 2013, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands).

					Substandard				Doubtful /
As of March 31, 2014	Pass		Watch		Performing		Nonaccrual		Loss		Total

Commercial (secured by real estate)	$	1,637,299	$	38,851	$	84,325	$	5,146	$	-	$	1,765,621
Commercial & industrial		481,310		4,905		8,141		822		-		495,178
Commercial construction		138,560		4,134		5,281		479		-		148,454
Total commercial		2,257,169		47,890		97,747		6,447		-		2,409,253
Residential mortgage		799,145		10,591		43,572		13,307		-		866,615
Home equity lines of credit		437,908		29		7,662		1,106		-		446,705
Residential construction		292,032		8,935		12,977		3,805		-		317,749
Consumer installment		104,379		11		2,310		291		-		106,991
Indirect auto		207,504		-		597		294		-		208,395
Total loans	$	4,098,137	$	67,456	$	164,865	$	25,250	$	-	$	4,355,708

As of December 31, 2013

Commercial (secured by real estate)	$	1,630,521	$	40,124	$	77,725	$	8,340	$	-	$	1,756,710
Commercial & industrial		456,563		5,382		9,589		427		-		471,961
Commercial construction		120,852		10,932		16,758		361		-		148,903
Total commercial		2,207,936		56,438		104,072		9,128		-		2,377,574
Residential mortgage		793,381		25,944		44,022		11,730		-		875,077
Home equity lines of credit		426,052		5,420		7,967		1,448				440,887
Residential construction		298,685		11,526		14,104		4,264		-		328,579
Consumer installment		107,029		1,229		2,538		249		-		111,045
Indirect auto		196,104		-		-		-		-		196,104
Total loans	$	4,029,187	$	100,557	$	172,703	$	26,819	$	-	$	4,329,266

As of March 31, 2013

Commercial (secured by real estate)	$	1,593,193	$	65,413	$	128,120	$	17,304	$	-	$	1,804,030
Commercial & industrial		397,124		6,775		20,320		29,545		-		453,764
Commercial construction		104,413		7,176		18,462		22,359		-		152,410
Total commercial		2,094,730		79,364		166,902		69,208		-		2,410,204
Residential mortgage		758,185		26,722		53,994		10,901		-		849,802
Home equity lines of credit		381,064		4,084		10,109		916				396,173
Residential construction		296,029		23,230		37,882		14,592		-		371,733
Consumer installment		106,725		888		2,794		389		-		110,796
Indirect auto		54,852		-		-		-		-		54,852
Total loans	$	3,691,585	$	134,288	$	271,681	$	96,006	$	-	$	4,193,560

Risk Ratings

United categorizes commercial loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current industry and economic trends, among other factors. United analyzes loans individually by classifying the loans as to credit risk. This analysis is performed on a continuous basis. United uses the following definitions for its risk ratings:

Watch. Loans in this category are presently protected from apparent loss; however, weaknesses exist that could cause future impairment, including the deterioration of financial ratios, past due status and questionable management capabilities. These loans require more than the ordinary amount of supervision. Collateral values generally afford adequate coverage, but may not be immediately marketable.

Substandard. These loans are inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged. Specific and well-defined weaknesses exist that may include poor liquidity and deterioration of financial ratios. The loan may be past due and related deposit accounts experiencing overdrafts. There is the distinct possibility that United will sustain some loss if deficiencies are not corrected. If possible, immediate corrective action is taken.

Doubtful. Specific weaknesses characterized as Substandard that are severe enough to make collection in full highly questionable and improbable. There is no reliable secondary source of full repayment.

Loss. Loans categorized as Loss have the same characteristics as Doubtful; however, probability of loss is certain. Loans classified as Loss are charged off.

Consumer Purpose Loans. Beginning in the first quarter of 2014, United began to apply a pass / fail grading system to all consumer purpose loans. Under the pass / fail grading system, consumer purpose loans meeting the criteria of substandard are classified as “fail” and all other loans are classified as “pass”. For reporting purposes, consumer purpose loans classified as “fail” are reported in the performing substandard or nonaccrual columns and all other consumer purpose loans are reported in the “pass” column. The first quarter grading change resulted in decreases in loans categorized as “watch” for the consumer installment, residential mortgage and home equity lines of credit loan classifications. Loan balances reported in the “watch” column for residential mortgage in the first quarter are generally commercial purpose loans secured by the borrower’s residence.

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Foreclosed Property

3 Months Ended

Mar. 31, 2014

Foreclosed Property [Abstract]

Foreclosed Property

Note 6 – Foreclosed Property

Major classifications of foreclosed properties at March 31, 2014, December 31, 2013 and March 31, 2013 are summarized as follows (in thousands).

	March 31,			December 31,			March 31,
	2014			2013			2013

Commercial real estate	$	3,336		$	1,287		$	6,658
Commercial construction		-			-			3,027
Total commercial		3,336			1,287			9,685
Residential mortgage		2,599			3,380			3,768
Residential construction		700			736			8,260
Total foreclosed property		6,635			5,403			21,713
Less valuation allowance		(1,041	)		(1,182	)		(4,979	)
Foreclosed property, net	$	5,594		$	4,221		$	16,734

Balance as a percentage of original loan unpaid principal		53.9	%		44.5	%		45.0	%

In the second quarter of 2013, United completed the accelerated sales of classified assets including performing and nonperforming classified loans and foreclosed properties. The classified asset sales resulted in a much lower balance of foreclosed property at March 31, 2014 and December 31, 2013.

Activity in the valuation allowance for foreclosed property for the three months ended March 31, 2014 and 2013 is presented in the following table (in thousands).

	Three Months Ended
	March 31,
	2014			2013

Balance at beginning of year	$	1,182		$	6,954
Additions charged to expense		277			1,041
Disposals		(418	)		(3,016	)
Balance at end of period	$	1,041		$	4,979

Expenses related to foreclosed property for the three months ended March 31, 2014 and 2013 is presented in the following table (in thousands).

	Three Months Ended
	March 31,
	2014			2013

Net (gain)/loss on sales	$	(521	)	$	105
Provision for unrealized losses		277			1,041
Operating expenses		360			1,187
Total foreclosed property expense	$	116		$	2,333

Reclassifications Out of Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2014

Reclassifications Out Of Accumulated Other Comprehensive Income [Abstract]

Reclassifications Out of Accumulated Other Comprehensive Income

Note 7 – Reclassifications Out of Accumulated Other Comprehensive Income

The following table presents the details regarding amounts reclassified out of accumulated other comprehensive income for the three months ended March 31, 2014 and 2013 (in thousands).

	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	For the three months ended March 31,						Affected Line Item in the Statement Where Net Income is Presented
	2014			2013

Realized gains on sales of available-for-sale securities:
	$	217		$	116		Securities gains, net
		(92	)		(45	)	Tax expense
	$	125		$	71		Net of tax

Amortization of (losses) gains included in net income on available-for-sale securities transferred to held to maturity:
	$	(330	)	$	319		Investment securities interest revenue
		123			(124	)	Tax benefit (expense)
	$	(207	)	$	195		Net of tax

Gains included in net income on derivative financial instruments accounted for as cash flow hedges:
Effective portion of interest rate contracts	$	-		$	537		Loan interest revenue
Effective portion of interest rate contracts	$	(97	)	$	-		Brokered deposit interest expense
Ineffective portion of interest rate contracts		-			1		Loan interest revenue
		(97	)		538		Total before tax
		38			(209	)	Tax or benefit (expense)
	$	(59	)	$	329		Net of tax

Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan
Prior service cost	$	(91	)	$	(90	)	Salaries and employee benefits expense
Actuarial losses		-			(42	)	Salaries and employee benefits expense
		(91	)		(132	)	Total before tax
		35			51		Tax benefit
	$	(56	)	$	(81	)	Net of tax

Total reclassifications for the period	$	(197	)	$	514		Net of tax

Amounts shown above in parentheses reduce earnings

Earnings Per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Note 8 – Earnings Per Share

United is required to report on the face of the consolidated statement of income, earnings per common share with and without the dilutive effects of potential common stock issuances from instruments such as options, convertible securities and warrants. Basic earnings per common share is based on the weighted average number of common shares outstanding during the period while the effects of potential common shares outstanding during the period are included in diluted earnings per common share.

During the three months ended March 31, 2014 and 2013, United accrued dividends on preferred stock, including accretion of discounts, as shown in the following table (in thousands).

	Three Months Ended
	March 31,
	2014		2013

Series A - 6% fixed	$	-	$	3
Series B - 5% fixed until December 6, 2013, 9% thereafter		159		2,630
Series D - LIBOR plus 9.6875%, resets quarterly		280		419
Total preferred stock dividends	$	439	$	3,052

All preferred stock dividends are payable quarterly.
Series B preferred stock was issued at a discount. Dividend amounts shown include discount accretion for each period.

The preferred stock dividends were subtracted from net income in order to arrive at net income available to common shareholders. There were no dilutive securities outstanding for the three months ended March 31, 2013.

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2014 and 2013 (in thousands, except per share data).

	Three Months Ended
	March 31,
	2014		2013

Net income available to common shareholders	$	14,961	$	8,713

Weighted average shares outstanding:
Basic		60,059		58,081
Effect of dilutive securities
Convertible securities		-		-
Stock options		2		-
Warrants		-		-
Diluted		60,061		58,081

Net income per common share:
Basic	$	.25	$	.15
Diluted	$	.25	$	.15

At March 31, 2014, United had the following potentially dilutive stock options and warrants outstanding: a warrant to purchase 219,909 common shares at $61.40 per share originally issued to the U.S. Treasury; 348,860 common shares issuable upon exercise of stock options granted to employees with a weighted average exercise price of $98.02; 1.10 million shares issuable upon completion of vesting of restricted stock awards; and warrants to purchase common stock equivalent junior preferred stock that would be convertible into 1,411,765 common shares exercisable at $21.25 per share granted to Fletcher International Ltd. (“Fletcher”) in connection with a 2010 asset purchase and sale agreement. Pursuant to a settlement agreement with Fletcher, United has agreed to repurchase the warrant and resolve all claims between the parties. The settlement agreement and the transactions contemplated thereby have been approved by the bankruptcy court but remain subject to an appeal.

At March 31, 2013, United had the following potentially dilutive stock options and warrants outstanding: a warrant to purchase 219,909 common shares at $61.40 per share originally issued to the U.S. Treasury; 129,670 common shares issuable upon exercise of warrants attached to trust preferred securities with an exercise price of $100 per share; 476,311 common shares issuable upon exercise of stock options granted to employees with a weighted average exercise price of $97.85; 497,800 shares issuable upon completion of vesting of restricted stock awards; warrants to purchase common stock equivalent junior preferred stock that would be convertible into 1,411,765 common shares exercisable at $21.25 per share granted to Fletcher in connection with a 2010 asset purchase and sale agreement; and 1,551,126 common shares issuable upon exercise of warrants granted in connection with United’s tax benefits preservation plan, exercisable at $12.50 per share.

Derivatives and Hedging Activities

3 Months Ended

Mar. 31, 2014

Derivatives and Hedging Activities [Abstract]

Derivatives and Hedging Activities

Note 9 – Derivatives and Hedging Activities

Risk Management Objective of Using Derivatives

United is exposed to certain risks arising from both its business operations and economic conditions. United principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. United manages interest rate risk primarily by managing the amount, sources, and duration of its investment securities portfolio and wholesale funding and through the use of derivative financial instruments. Specifically, United enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. United’s derivative financial instruments are used to manage differences in the amount, timing, and duration of United’s known or expected cash receipts and its known or expected cash payments principally related to United’s loans, investment securities, wholesale borrowings and deposits.

In conjunction with the Financial Accounting Standards Board’s fair value measurement guidance, United made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a gross basis.

The table below presents the fair value of United’s derivative financial instruments as well as their classification on the consolidated balance sheet as of March 31, 2014, December 31, 2013 and March 31, 2013 (in thousands).

Derivatives designated as hedging instruments under ASC 815
		Fair Value
Interest Rate Products	Balance Sheet Location	March 31, 2014		December 31, 2013		March 31, 2013

Cash flow hedge of money market deposits	Other assets	$	2,971	$	4,782	$	-
Fair value hedge of corporate bonds	Other assets		2,655		3,939		21
		$	5,626	$	8,721	$	21

Cash flow hedge of short-term debt	Other liabilities	$	3,650	$	3,368	$	4,614
Cash flow hedge of money market deposits	Other liabilities		678		-		3,694
Fair value hedge of brokered CD’s	Other liabilities		14,119		19,970		5,384
Fair value hedge of corporate bonds	Other liabilities		2,729		2,308		272
		$	21,176	$	25,646	$	13,964

Derivatives not designated as hedging instruments under ASC 815
		Fair Value
Interest Rate Products	Balance Sheet Location	March 31, 2014		December 31, 2013		March 31, 2013

Customer swap positions	Other assets	$	1,359	$	898	$	617
Dealer offsets to customer swap positions	Other assets		825		1,347		36
Bifurcated embedded derivatives	Other assets		13,753		12,867		-
		$	15,937	$	15,112	$	653

Customer swap positions	Other liabilities	$	825	$	1,347	$	36
Dealer offsets to customer swap positions	Other liabilities		1,377		915		627
Dealer offsets to bifurcated embedded derivatives	Other liabilities		18,931		18,324		-
		$	21,133	$	20,586	$	663

Derivative contracts that are not accounted for as hedging instruments under ASC 815, Derivatives and Hedging, and are described as “customer derivatives,” are between United and certain commercial loan customers with offsetting positions to dealers under a back-to-back swap program. United also has three interest rate swap contracts that are not designated as hedging instruments but are economic hedges of market linked brokered certificates of deposit. The market linked brokered certificates of deposit contain embedded derivatives that are bifurcated from the host instruments and marked to market through earnings. The marks on the market linked swaps and the bifurcated embedded derivatives tend to move in opposite directions with changes in 90-day LIBOR and therefore provide an effective economic hedge.

Cash Flow Hedges of Interest Rate Risk

United’s objectives in using interest rate derivatives are to add stability to net interest revenue and to manage its exposure to interest rate movements. To accomplish this objective, United primarily uses interest rate swaps as part of its interest rate risk management strategy. At March 31, 2014, United’s interest rate swaps designated as cash flow hedges involved the payment of fixed-rate amounts to a counterparty in exchange for United receiving variable-rate payments over the life of the agreements without exchange of the underlying notional amount. United’s current cash flow hedges are for the purpose of converting variable rate deposits and wholesale borrowings to a fixed rate to protect United in a rising rate environment. The swaps are forward starting with $100 million in notional becoming effective in the first quarter of 2014 and the rest becoming effective later in 2014 and in 2015. United had three swap contracts outstanding with a total notional amount of $200 million that were designated as cash flow hedges of three-month brokered deposits or other LIBOR based floating rate wholesale borrowings and three swap contracts outstanding with a total notional amount of $375 million that were designated as cash flow hedges of indexed money market accounts at March 31, 2014 and December 31, 2013. At March 31, 2013, United had three swap contracts outstanding with a notional amount of $200 million that were designated as cash flow hedges of future issuances of three-month brokered deposits or other LIBOR based floating-rate wholesale borrowings and two swap contracts outstanding with a total notional amount of $200 million that were designated as cash flow hedges of indexed money market accounts.

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense when the swaps become effective, as interest payments are made on United’s LIBOR based, variable-rate wholesale borrowings and indexed deposit accounts. United’s active cash flow hedges of floating rate liabilities began to become effective in the first quarter of 2014. United recognized $35,000 in hedge ineffectiveness gains in deposit interest expense on active cash flow hedges during the first quarter of 2014. No such hedge ineffectiveness gains or losses were recognized on active cash flow hedges during the first quarter of 2013. United expects that $5.02 million will be reclassified as an increase to deposit interest expense over the next twelve months related to these cash flow hedges.

During the three months ended March 31, 2013, United accelerated the reclassification of $1,000 in gains from terminated positions, as a result of the forecasted transactions becoming probable not to occur. These amounts are recognized in loan interest revenue as hedge ineffectiveness. At March 31, 2014, there were no remaining unamortized balances from terminated positions.

Fair Value Hedges of Interest Rate Risk

United is exposed to changes in the fair value of certain of its fixed rate investments and obligations due to changes in interest rates. United uses interest rate swaps to manage its exposure to changes in fair value on these instruments attributable to changes in interest rates. Interest rate swaps designated as fair value hedges of brokered deposits involve the receipt of fixed-rate amounts from a counterparty in exchange for United making variable rate payments over the life of the agreements without the exchange of the underlying notional amount. Interest rate swaps designated as fair value hedges of fixed rate investments involve the receipt of variable-rate amounts from a counterparty in exchange for United making fixed rate payments over the life of the instrument without the exchange of the underlying notional amount. At March 31, 2014, United had 24 interest rate swaps with an aggregate notional amount of $285 million that were designated as fair value hedges of interest rate risk. Eight of the interest rate swaps outstanding at March 31, 2014 with an aggregate notional amount of $86 million were receive-variable / pay-fixed swaps that were used for the purpose of hedging changes in the fair value of corporate bonds resulting from changes in interest rates. The other 16 were pay-variable / receive-fixed swaps hedging changes in the fair value of fixed rate brokered time deposits resulting from changes in interest rates. At March 31, 2013, United had 18 interest rate swaps with an aggregate notional amount of $220 million that were designated as fair value hedges. Two of the interest rate swaps with an aggregate notional amount of $21 million were receive-variable / pay-fixed swaps that were used for the purpose of hedging changes in the fair value of corporate bonds resulting from changes in interest rates. The other 16 were pay-variable / receive-fixed swaps hedging changes in fair value of fixed rate brokered time deposits resulting from changes in interest rates.

For derivatives designated and that qualify as fair value hedges, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in earnings. United includes the gain or loss on the hedged items in the same income statement line item as the offsetting loss or gain on the related derivatives. During the three months ended March 31, 2014 and 2013 United recognized net losses of $389,000 and net losses of $86,000, respectively, related to ineffectiveness of the fair value hedging relationships. United also recognized net reductions of interest expense of $1.21 million and $1.06 million, respectively, for the three months ended March 31, 2014 and 2013 related to United’s fair value hedges of brokered time deposits, which include net settlements on the derivatives. United recognized reductions of interest revenue on securities during the first quarter of 2014 and 2013 in the amounts of $530,000 and $12,000, respectively, related to United’s fair value hedges of corporate bonds.

Tabular Disclosure of the Effect of Derivative Instruments on the Income Statement

The tables below present the effect of United’s derivative financial instruments on the consolidated statement of operations for the three months ended March 31, 2014 and 2013.

Derivatives in Fair Value Hedging Relationships (in thousands).


	Location of Gain	Amount of Gain (Loss)						Amount of Gain (Loss)
	(Loss) Recognized	Recognized in Income						Recognized in Income
	in Income on	on Derivative						on Hedged Item
	Derivative	2014			2013			2014			2013

Three Months Ended March 31,
Fair value hedges of brokered CD’s	Interest expense	$	5,853		$	(1,844	)	$	(6,034	)	$	1,779
Fair value hedges of corporate bonds	Interest revenue		(1,704	)		(232	)		1,496			211
		$	4,149		$	(2,076	)	$	(4,538	)	$	1,990

In certain cases, the estate of deceased brokered certificate of deposit holders may put the certificate of deposit back to the issuing bank at par upon the death of the holder. When these death puts occur, a gain or loss is recognized for the difference between the fair value and the par amount of the deposits put back. The change in the fair value of brokered time deposits that are being hedged in fair value hedging relationships reported in the table above includes gains and losses from death puts and such gains and losses are included in the amount of reported ineffectiveness gains or losses.

Derivatives in Cash Flow Hedging Relationships (in thousands).


	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)					Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)						Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2014			2013		Location	2014			2013		Location	2014			2013

Three Months Ended March 31,
						Interest revenue	$	-		$	539
						Interest Expense		(97	)		-
Interest rate swaps	$	(2,833	)	$	430	Total	$	(97	)	$	539	Interest expense	$	(35	)	$	-

Credit-Risk-Related Contingent Features

United manages its credit exposure on derivatives transactions by entering into a bilateral credit support agreement with each counterparty. The credit support agreements require collateralization of exposures beyond specified minimum threshold amounts. The details of these agreements, including the minimum thresholds, vary by counterparty. As of March 31, 2014, collateral totaling $35.8 million was pledged toward derivatives in a liability position.

United’s agreements with each of its derivative counterparties contain a provision where if either party defaults on any of its indebtedness, then it could also be declared in default on its derivative obligations. The agreements with derivatives counterparties also include provisions that if not met, could result in United being declared in default. United has agreements with certain of its derivative counterparties that contain a provision where if United fails to maintain its status as a well-capitalized institution or is subject to a prompt corrective action directive, the counterparty could terminate the derivative positions and United would be required to settle its obligations under the agreements.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624177-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80748-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708773-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41635-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624181-113959

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Stock-Based Compensation

3 Months Ended

Mar. 31, 2014

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Stock-Based Compensation

Note 10 – Stock-Based Compensation

United has an equity compensation plan that allows for grants of incentive stock options, nonqualified stock options, restricted stock and restricted stock unit awards (also referred to as “nonvested stock” awards), stock awards, performance share awards or stock appreciation rights. Options granted under the plan can have an exercise price no less than the fair market value of the underlying stock at the date of grant. The general terms of the plan include a vesting period (usually four years) with an exercisable period not to exceed ten years. Certain options, restricted stock and restricted stock unit awards provide for accelerated vesting if there is a change in control (as defined in the plan). As of March 31, 2014, 525,800 additional awards could be granted under the plan. Through March 31, 2014, incentive stock options, nonqualified stock options, restricted stock and restricted stock unit awards, base salary stock grants and performance share awards have been granted under the plan.

The following table shows stock option activity for the first three months of 2014.


Options	Shares			Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)		Aggregate Intrinisic Value ($000)

Outstanding at December 31, 2013		350,772		$	97.87
Expired		(1,912	)		69.61
Outstanding at March 31, 2014		348,860			98.02		3.1	$	104

Exercisable at March 31, 2014		338,785			100.55		2.9		42

No stock options were granted during the three months ended March 31, 2014 or 2013. Most of United’s outstanding stock options were granted prior to the economic downturn during which time United’s stock price decreased sharply. The lower stock price has rendered most of United’s outstanding options severely out of the money and potentially worthless to the grantee. Therefore, historical exercise patterns do not provide a reasonable basis for determining the expected life of new option grants. United therefore uses the formula provided by the SEC in Staff Accounting Bulletin No. 107 to determine the expected life of options.

United recognized no compensation expense related to stock options in the three months ended March 31, 2014. Compensation expense relating to stock options of $64,000 was included in earnings for the three months ended March 31, 2013. The amount of compensation expense was determined based on the fair value of the options at the time of grant, multiplied by the number of options granted that were expected to vest, which was then amortized over the vesting period. The forfeiture rate for new options issued is estimated to be approximately 3% per year. No options were exercised during the first three months of 2014 or 2013.

The table below presents restricted stock activity for the first three months of 2014.


Restricted Stock	Shares			Weighted- Average Grant- Date Fair Value

Outstanding at December 31, 2013		1,073,676		$	13.73
Granted		25,750			19.14
Excercised		(1,667	)		10.77
Cancelled		(833	)		13.16
Outstanding at March 31, 2014		1,096,926			13.86

Vested at March 31, 2014		22,462			10.11

Compensation expense for restricted stock is based on the fair value of restricted stock awards at the time of grant, which is equal to the value of United’s common stock on the date of grant. The value of restricted stock grants that are expected to vest is amortized into expense over the vesting period. For the three months ended March 31, 2014 and 2013, compensation expense of $1.10 million and $445,000, respectively, was recognized related to restricted stock awards. In addition, for the three months ended March 31, 2014 and 2013, $25,000 and $17,000, respectively, was recognized in other operating expense for restricted stock units granted to members of United’s board of directors. The total intrinsic value of restricted stock was $21.4 million at March 31, 2014.

As of March 31, 2014, there was $11.9 million of unrecognized compensation cost related to non-vested stock options and restricted stock awards granted under the plan. That cost is expected to be recognized over a weighted-average period of 3.32 years. The aggregate grant date fair value of options and restricted stock awards that vested during the three months ended March 31, 2014, was $20,000.

Common and Preferred Stock Issued / Common Stock Issuable	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]
Common and Preferred Stock Issued / Common Stock Issuable	Note 11 – Common and Preferred Stock Issued / Common Stock Issuable United sponsors a Dividend Reinvestment and Share Purchase Plan (“DRIP”) that allows participants who already own United’s common stock to purchase additional shares directly from United. The DRIP also allows participants to automatically reinvest their quarterly dividends in additional shares of common stock without a commission. The DRIP is currently suspended and no shares were issued in 2013 or the first quarter of 2014. United’s 401(k) retirement plan regularly purchases shares of United’s common stock directly from United. In addition, United has an Employee Stock Purchase Program that allows eligible employees to purchase shares of common stock at a 5% discount, with no commission charges. For the three months ended March 31, 2014 and 2013, United issued 11,837 and 18,170 shares, respectively, and increased capital by $209,000 and $189,000, respectively, through these programs. United offers its common stock as an investment option in its deferred compensation plan. United also allows for the deferral of restricted stock awards. The common stock component of the deferred compensation plan is accounted for as an equity instrument and is reflected in the consolidated financial statements as common stock issuable. The deferred compensation plan does not allow for diversification once an election is made to invest in United stock and settlement must be accomplished in shares at the time the deferral period is completed. At March 31, 2014 and 2013, 237,763 and 133,469 shares, respectively, were issuable under the deferred compensation plan.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Income taxes	Note 12 – Income Taxes The income tax provision for the three months ended March 31, 2014 was $9.04 million which represents an effective tax rate of 37.0%. The income tax provision for the three months ended March 31, 2013 was $585,000 which represents an effective tax rate of 4.7%. The first quarter 2013 tax provision was lower due to the full valuation allowance in United’s net deferred tax asset, most of which was reversed in the second quarter of 2013. At March 31, 2014, December 31, 2013 and March 31, 2013, the valuation allowance on deferred tax assets was $4.08 million, $4.10 million and $271 million, respectively. Management assesses the valuation allowance recorded against deferred tax assets at each reporting period. The determination of whether a valuation allowance for deferred tax assets is appropriate is subject to considerable judgment and requires an evaluation of all the positive and negative evidence. In the second quarter of 2013, United reversed $272 million of its valuation allowance on its net deferred tax asset. United established a full valuation allowance on its net deferred tax asset in 2010 due to the realization of significant losses and uncertainty about United’s future earnings forecasts. United evaluated the need for a valuation allowance again at March 31, 2014. Based on the assessment of all the positive and negative evidence, management concluded that it is more likely than not that nearly all of the net deferred tax asset will be realized based upon future taxable income. The remaining valuation allowance of $4.08 million is related to specific state income tax credits that have short carryforward periods and are expected to expire unused. The positive evidence considered by management in arriving at the conclusion that a full valuation allowance is not necessary included consecutive profitable quarters beginning with the fourth quarter of 2011, United’s strong pre-crisis earnings history and growth in pre-tax, pre-credit earnings, which demonstrate demand for United’s products and services, and United’s significant improvement in credit measures, which improve both the sustainability of profitability and management’s ability to forecast future credit losses. The negative evidence previously considered by management included a three-year cumulative loss position and informal memorandum of understanding (“MOU”) with the banking regulatory agencies. The MOUs were terminated in the fourth quarter of 2013 and first quarter of 2014 and United exited the three-year cumulative loss position in the first quarter of 2014, based on a rolling twelve quarters. The valuation allowance could fluctuate in future periods based on the assessment of the positive and negative evidence. Management’s conclusion at March 31, 2014 that it was more likely than not that the net deferred tax assets of $244 million will be realized is based upon management’s estimate of future taxable income. Management’s estimate of future taxable income is based on internal forecasts that consider historical performance, various internal estimates and assumptions, as well as certain external data all of which management believes to be reasonable although inherently subject to significant judgment. If actual results differ significantly from the current estimates of future taxable income, even if caused by adverse macro-economic conditions, the valuation allowance may need to be increased for some or all of the deferred tax asset. Such an increase to the deferred tax asset valuation allowance could have a material adverse effect on United’s financial condition and results of operations. United is subject to income taxation in the United States and various state jurisdictions. United’s federal and state income tax returns are filed on a consolidated basis. Currently, no years for which United filed a federal income tax return are under examination by the IRS, and there are no state tax examinations currently in progress. United is no longer subject to income tax examinations from state and local income tax authorities for years before 2010. Although United is unable to determine the ultimate outcome of future examinations, United believes that the liability recorded for uncertain tax positions is appropriate. At March 31, 2014, December 31, 2013 and March 31, 2013, unrecognized income tax benefits totaled $4.59 million, $4.50 million and $5.20 million, respectively. In the first quarter of 2014, United adopted the provisions of ASU 2013-11, Presentations of an Unrecognized Tax Benefit when a Net Operating Loss Carryfoward, a Similar Tax Loss, or a Tax Credit Carryforward exists. ASU 2013-11 requires unrecognized tax benefits to be presented as a reduction of a deferred tax asset unless certain conditions are present. Prior to adoption, unrecognized tax benefits were presented as a component of the current tax liabilty payable. Upon adoption, United reclassified $4.59 million in unrecognized tax benefits from other liabilities to its net deferred tax asset. The reclassification resulted in decreases in United’s net deferred tax asset and other liabilities.

Assets and Liabilities Measured at Fair Value

3 Months Ended

Mar. 31, 2014

Fair Value [Abstract]

Assets and Liabilities Measured at Fair Value

Note 13 – Assets and Liabilities Measured at Fair Value

Fair value measurements are determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, United uses a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).

Fair Value Hierarchy

Level 1 Valuation is based upon quoted prices (unadjusted) in active markets for identical assets or liabilities that United has the ability to access.

Level 2 Valuation is based upon quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals.

Level 3 Valuation is generated from model-based techniques that use at least one significant assumption based on unobservable inputs for the asset or liability, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. United’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

The following is a description of the valuation methodologies used for assets and liabilities recorded at fair value.

Securities Available-for-Sale

Investment securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds, corporate debt securities and asset-backed securities and are valued based on observable inputs that are observable in the market and can be corroborated by observable market data for substantially the full term of the securities. Securities classified as Level 3 are valued based on estimates obtained from broker-dealers.

Deferred Compensation Plan Assets and Liabilities

Included in other assets in the Consolidated Balance Sheet are assets related to employee deferred compensation plans. The assets associated with these plans are invested in mutual funds and classified as Level 1. Deferred compensation liabilities, also classified as Level 1, are carried at the fair value of the obligation to the employee, which mirrors the fair value of the invested assets and is included in other liabilities in the consolidated balance sheet.

Mortgage Loans Held for Sale

Mortgage loans held for sale are carried at the lower of cost or market value. The fair value of mortgage loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics.

Loans

United does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, a creditor may measure impairment based on a loan’s observable market price, or the fair value of the collateral if repayment of the loan is dependent upon the sale of the underlying collateral. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. Impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price or a current appraised value, United records the impaired loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, United records the impaired loan as nonrecurring Level 3.

Foreclosed Assets

Foreclosed assets are adjusted to fair value, less cost to sell, upon transfer of the loans to foreclosed assets. Subsequently, foreclosed assets are carried at the lower of carrying value or fair value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, United records the foreclosed asset as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, United records the foreclosed asset as nonrecurring Level 3.

Derivative Financial Instruments

United uses interest rate swaps and interest rate floors to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts and the discounted expected variable cash payments. The variable cash payments are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves.

The fair values of interest rate options are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates fell below the strike rate of the floors. The variable interest rates used in the calculation of projected receipts on the floor are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. To comply with the provisions of ASC 820, United incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, United has considered the effect of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees.

Although United has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of September 30, 2013, United had assessed the significance of the effect of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives. As a result, United has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The table below presents United’s assets and liabilities measured at fair value on a recurring basis as of March 31, 2014, December 31, 2013 and March 31, 2013, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands).

March 31, 2014	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale:
State and political subdivisions	$	-	$	23,006	$	-	$	23,006
Mortgage-backed securities		-		1,128,112		-		1,128,112
Corporate bonds		-		251,574		350		251,924
Asset-backed securities		-		432,062		-		432,062
Other		-		2,572		-		2,572
Deferred compensation plan assets		3,468		-		-		3,468
Derivative financial instruments		-		21,563		-		21,563
Total assets	$	3,468	$	1,858,889	$	350	$	1,862,707

Liabilities:
Deferred compensation plan liability	$	3,468	$	-	$	-	$	3,468
Brokered certificates of deposit		-		177,726		-		177,726
Derivative financial instruments		-		42,309		-		42,309
Total liabilities	$	3,468	$	220,035	$	-	$	223,503

December 31, 2013	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale
State and political subdivisions	$	-	$	23,242	$	-	$	23,242
Mortgage-backed securities		-		1,145,347		-		1,145,347
Corporate bonds		-		249,946		350		250,296
Asset-backed securities		-		410,633		-		410,633
Other		-		2,699		-		2,699
Deferred compensation plan assets		3,496		-		-		3,496
Derivative financial instruments		-		23,833		-		23,833
Total assets	$	3,496	$	1,855,700	$	350	$	1,859,546

Liabilities:
Deferred compensation plan liability	$	3,496	$	-	$	-	$	3,496
Brokered certificates of deposit		-		173,657		-		173,657
Derivative financial instruments		-		46,233		-		46,233
Total liabilities	$	3,496	$	219,890	$	-	$	223,386

March 31, 2013	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale:
State and political subdivisions	$	-	$	24,037	$	-	$	24,037
Mortgage-backed securities		-		1,468,311		-		1,468,311
Corporate bonds		-		188,444		350		188,794
Asset-backed securities		-		225,870		-		225,870
Other		-		2,414		-		2,414
Deferred compensation plan assets		3,037		-		-		3,037
Derivative financial instruments		-		602		-		602
Total assets	$	3,037	$	1,909,678	$	350	$	1,913,065

Liabilities:
Deferred compensation plan liability	$	3,037	$	-	$	-	$	3,037
Brokered certificates of deposit		-		194,415		-		194,415
Derivative financial instruments		-		14,556		-		14,556
Total liabilities	$	3,037	$	208,971	$	-	$	212,008

The following table shows a reconciliation of the beginning and ending balances for assets measured at fair value on a recurring basis using significant unobservable inputs that are classified as Level 3 values (in thousands).

	Securities Available for Sale
	Three Months Ended
	March 31,
Securities Available for Sale	2014		2013

Balance at beginning of period	$	350	$	350
Amounts included in earnings		-		-
Paydowns		-		-

Balance at end of period	$	350	$	350

At March 31, 2014, United had two securities that have Level 3 valuations. They are trust preferred securities in community banks that have shown deteriorating financial condition during the financial crisis, and both are currently deferring interest payments. Since both investments are not actively traded, there is no recent trade activity upon which to assess value. The values assigned to the investments are based on sales price estimates from brokers. Both investments have a par amount of $1 million. One was considered impaired in 2010 and was written down to $50,000 with a $950,000 impairment charge to earnings. The other is carried at its original cost basis of $1 million with a $700,000 negative mark to fair value through other comprehensive income. United does not consider this investment to be other-than-temporarily impaired, as the community bank was recapitalized by a private equity investment that management believes will result in full payment at maturity.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

United may be required, from time to time, to measure certain assets at fair value on a nonrecurring basis. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. The table below presents United’s assets and liabilities measured at fair value on a nonrecurring basis as of March 31, 2014, December 31, 2013 and March 31, 2013, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands).

March 31, 2014	Level 1		Level 2		Level 3		Total
Assets
Loans	$	-	$	-	$	79,918	$	79,918
Foreclosed properties		-		-		3,120		3,120

Total	$	-	$	-	$	83,038	$	83,038

December 31, 2013
Assets
Loans	$	-	$	-	$	82,798	$	82,798
Foreclosed properties		-		-		3,747		3,747

Total	$	-	$	-	$	86,545	$	86,545

March 31, 2013
Assets
Loans	$	-	$	-	$	170,767	$	170,767
Foreclosed properties		-		-		14,716		14,716

Total	$	-	$	-	$	185,483	$	185,483

Loans that are reported above as being measured at fair value on a non-recurring basis are generally impaired loans that have either been partially charged off or have specific reserves assigned to them. Nonaccrual impaired loans that are collateral dependent are generally written down to 80% of appraised value which considers the estimated costs to sell. Specific reserves are established for impaired loans based on appraised value of collateral or discounted cash flows. Foreclosed properties that are included above as measured at fair value on a nonrecurring basis are those properties that resulted from a loan that had been charged down or have been written down subsequent to foreclosure. Foreclosed properties are generally recorded at the lower of 80% of appraised value or 90% of the asking price which considers the estimated cost to sell.

Assets and Liabilities Not Measured at Fair Value

For financial instruments that have quoted market prices, those quotes are used to determine fair value. Financial instruments that have no defined maturity, have a remaining maturity of 180 days or less, or reprice frequently to a market rate, are assumed to have a fair value that approximates the reported book value, after taking into consideration any applicable credit risk. If no market quotes are available, financial instruments are valued by discounting the expected cash flows using an estimated current market interest rate for the financial instrument. For off-balance sheet derivative instruments, fair value is estimated as the amount that United would receive or pay to terminate the contracts at the reporting date, taking into account the current unrealized gains or losses on open contracts.

The short maturity of United’s assets and liabilities results in having a significant number of financial instruments whose fair value equals or closely approximates carrying value. Such financial instruments are reported in the following balance sheet captions: cash and cash equivalents, mortgage loans held for sale and short-term borrowings. The fair value of securities available-for-sale equals the balance sheet value. Due to the short-term settlement of accrued interest receivable and payable, the carrying amount closely approximates fair value.

Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect the premium or discount on any particular financial instrument that could result from the sale of United’s entire holdings. Because no ready market exists for a significant portion of United’s financial instruments, fair value estimates are based on many judgments. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include the mortgage banking operation, brokerage network, deferred income taxes, premises and equipment and goodwill. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Off-balance sheet financial instruments (commitments to extend credit and standby letters of credit) are generally short-term and at variable rates. Therefore, both the carrying amount and the estimated fair value associated with these instruments are immaterial.

The carrying amount and fair values for other financial instruments that are not measured at fair value on a recurring basis in United’s balance sheet at March 31, 2014, December 31, 2013, and March 31, 2013 are as follows (in thousands).

	Carrying		Fair Value Level
March 31, 2014	Amount		Level 1		Level 2		Level 3		Total
Assets:
Securities held to maturity	$	464,697	$	-	$	473,136	$	-	$	473,136
Loans, net		4,280,485		-		-		4,201,255		4,201,255
Mortgage loans held for sale		10,933		-		11,121		-		11,121

Liabilities:
Deposits		6,247,541		-		6,238,927		-		6,238,927
Federal Home Loan Bank advances		50,125		-		50,125		-		50,125
Long-term debt		129,865		-		-		130,636		130,636

December 31, 2013
Assets:
Securities held to maturity	$	479,742	$	-	$	485,585	$	-	$	485,585
Loans, net		4,252,504		-		-		4,165,591		4,165,591
Mortgage loans held for sale		10,319		-		10,529		-		10,529

Liabilities:
Deposits		6,201,505		-		6,204,815		-		6,204,815
Federal Home Loan Bank advances		120,125		-		120,125		-		120,125
Long-term debt		129,865		-		-		130,262		130,262

March 31, 2013
Assets:
Securities held to maturity	$	231,087	$	-	$	247,087	$	-	$	247,087
Loans, net		4,087,807		-		-		3,980,932		3,980,932
Mortgage loans held for sale		18,290		-		18,803		-		18,803

Liabilities:
Deposits		6,025,852		-		6,034,103		-		6,034,103
Federal Home Loan Bank advances		125		-		125		-		125
Long-term debt		124,825		-		-		123,402		123,402

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments and Contingencies

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 14 – Commitments and Contingencies

United and the Bank are parties to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of their customers. These financial instruments include commitments to extend credit and letters of credit. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet. The contract amounts of these instruments reflect the extent of involvement the Bank has in particular classes of financial instruments. The exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and letters of credit written is represented by the contractual amount of these instruments. United uses the same credit policies in making commitments and conditional obligations as it uses for underwriting on-balance sheet instruments. In most cases, collateral or other security is required to support financial instruments with credit risk.

The following table summarizes, as of March 31, 2014, December 31, 2013 and March 31, 2013, the contractual amount of off-balance sheet instruments (in thousands):

	March 31, 2014		December 31, 2013		March 31, 2013
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	720,891	$	747,170	$	565,685
Letters of credit		19,960		19,846		12,818

United, in the normal course of business, is subject to various pending and threatened lawsuits in which claims for monetary damages are asserted. Although it is not possible to predict the outcome of these lawsuits, or the range of any possible loss, management, after consultation with legal counsel, does not anticipate that the ultimate aggregate liability, if any, arising from these lawsuits will have a material adverse effect on United’s financial position or results of operations.

Accounting Policies (Policies)	3 Months Ended
Accounting Policies (Policies)	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]
Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity	In April 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. This ASU limits the definition of discontinued operations to disposals of components of an entity that represent strategic shifts that have a major effect on an entity’s operations and financial results. It also requires expanded disclosures for discontinued operations. The standard is effective for disposals that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. This guidance is not expected to have a material impact on United’s financial position or results of operations.

Balance Sheet Offsetting (Tables)

3 Months Ended

Mar. 31, 2014

Offsetting [Abstract]

Schedule of summary of amounts outstanding under reverse repurchase agreements

				Gross Amounts Offset on the Balance Sheet
	Gross Amounts of Recognized Assets								Gross Amounts not Offset in the Balance Sheet
									Gross Amounts not Offset in the Balance Sheet
							Net Asset Balance		Financial Instruments			Collateral Received
March 31, 2014							Net Asset Balance		Financial Instruments			Collateral Received			Net Amount

Repurchase agreements / reverse repurchase agreements	$	397,000		$	(350,000	)	$	47,000	$	-		$	(51,243	)	$	-
Derivatives		21,563			-			21,563		(3,896	)		(704	)		16,963
Total	$	418,563		$	(350,000	)	$	68,563	$	(3,896	)	$	(51,947	)	$	16,963

Weighted average interest rate of reverse repurchase agreements		1.09	%


	Gross Amounts of Recognized Liabilities			Gross Amounts Offset on the Balance Sheet
									Gross Amounts not Offset in the Balance Sheet
							Net Liability Balance		Financial Instruments			Collateral Pledged			Net Amount

Repurchase agreements / reverse repurchase agreements	$	350,000		$	(350,000	)	$	-	$	-		$	-		$	-
Derivatives		42,309			-			42,309		(3,896	)		(35,754	)		2,659
Total	$	392,309		$	(350,000	)	$	42,309	$	(3,896	)	$	(35,754	)	$	2,659

Weighted average interest rate of repurchase agreements		.28	%

Gross

Amounts of

Recognized

Assets

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

December 31, 2013

Net Asset

Balance

Financial

Instruments

Collateral

Received

Net Amount


Repurchase agreements / reverse repurchase agreements	$	385,000		$	(350,000	)	$	35,000	$	-		$	(38,982	)	$	-
Derivatives		23,833			-			23,833		(4,378	)		(2,912	)		16,543
Total	$	408,833		$	(350,000	)	$	58,833	$	(4,378	)	$	(41,894	)	$	16,543

Weighted average interest rate of reverse repurchase agreements		1.09	%

Gross

Amounts of

Recognized

Liabilities

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

Net Liability

Balance

Financial

Instruments

Collateral

Pledged

Net Amount


Repurchase agreements / reverse repurchase agreements	$	350,000		$	(350,000	)	$	-	$	-		$	-		$	-
Derivatives		46,232			-			46,232		(4,378	)		(38,145	)		3,709
Total	$	396,232		$	(350,000	)	$	46,232	$	(4,378	)	$	(38,145	)	$	3,709

Weighted average interest rate of repurchase agreements		.27	%

Gross

Amounts of

Recognized

Assets

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

March 31, 2013

Net Asset

Balance

Financial

Instruments

Collateral

Received

Net Amount


Repurchase agreements / reverse repurchase agreements	$	332,000		$	(250,000	)	$	82,000	$	-		$	(87,470	)	$	-
Derivatives		602			-			602		(57	)		-			545
Total	$	332,602		$	(250,000	)	$	82,602	$	(57	)	$	(87,470	)	$	545

Weighted average interest rate of reverse repurchase agreements		1.28	%

Gross

Amounts of

Recognized

Liabilities

Gross

Amounts

Offset on the

Balance

Sheet

Gross Amounts not Offset

in the Balance Sheet

Net Liability

Balance

Financial

Instruments

Collateral

Pledged

Net Amount


Repurchase agreements / reverse repurchase agreements	$	250,000		$	(250,000	)	$	-	$	-		$	-		$	-
Derivatives		14,556			-			14,556		(57	)		(14,585	)		-
Total	$	264,556		$	(250,000	)	$	14,556	$	(57	)	$	(14,585	)	$	-

Weighted average interest rate of repurchase agreements		.37	%

Securities (Tables)

3 Months Ended

Mar. 31, 2014

Investment Securities [Abstract]

Schedule of summary of securities sales activities

	Three Months Ended March 31,
	2014			2013
Proceeds from sales	$	153,316		$	15,751
Gross gains on sales	$	410		$	116
Gross losses on sales		(193	)		-
Net gains on sales of securities	$	217		$	116
Income tax expense attributable to sales	$	92		$	45

Schedule of amortized cost, gross unrealized gains and losses and fair value of securities held to maturity

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
As of March 31, 2014	Cost		Gains		Losses		Value
State and political subdivisions	$	51,257	$	3,430	$	13	$	54,674
Mortgage-backed securities (1)		413,440		6,877		1,855		418,462

Total	$	464,697	$	10,307	$	1,868	$	473,136

As of December 31, 2013
State and political subdivisions	$	51,733	$	2,718	$	42	$	54,409
Mortgage-backed securities (1)		428,009		6,690		3,523		431,176

Total	$	479,742	$	9,408	$	3,565	$	485,585

As of March 31, 2013
State and political subdivisions	$	51,768	$	5,663	$	-	$	57,431
Mortgage-backed securities (1)		179,319		10,388		51		189,656

Total	$	231,087	$	16,051	$	51	$	247,087
(1) All are residential type mortgage-backed securities

Schedule of held to maturity securities in an unrealized loss position

	Less than 12 Months				12 Months or More				Total
As of March 31, 2014	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	1,628	$	13	$	-	$	-	$	1,628	$	13
Mortgage-backed securities		200,284		1,721		1,644		134		201,928		1,855
Total unrealized loss position	$	201,912	$	1,734	$	1,644	$	134	$	203,556	$	1,868

As of December 31, 2013
State and political subdivisions	$	1,595	$	42	$	-	$	-	$	1,595	$	42
Mortgage-backed securities		259,870		3,523		-		-		259,870		3,523
Total unrealized loss position	$	261,465	$	3,565	$	-	$	-	$	261,465	$	3,565

As of March 31, 2013
Mortgage-backed securities	$	4,929	$	51	$	-	$	-		4,929		51
Total unrealized loss position	$	4,929	$	51	$	-	$	-	$	4,929	$	51

Schedule of cost basis, unrealized gains and losses, and fair value of securities available for sale

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
As of March 31, 2014	Cost		Gains		Losses		Value
State and political subdivisions	$	22,244	$	842	$	80	$	23,006
Mortgage-backed securities (1)		1,126,227		13,213		11,328		1,128,112
Corporate bonds		255,238		1,616		4,930		251,924
Asset-backed securities		429,492		3,003		433		432,062
Other		2,572		-		-		2,572

Total	$	1,835,773	$	18,674	$	16,771	$	1,837,676

As of December 31, 2013
State and political subdivisions	$	22,558	$	823	$	139	$	23,242
Mortgage-backed securities (1)		1,145,800		13,296		13,749		1,145,347
Corporate bonds		255,316		1,304		6,324		250,296
Asset-backed securities		409,086		2,535		988		410,633
Other		2,699		-		-		2,699

Total	$	1,835,459	$	17,958	$	21,200	$	1,832,217

As of March 31, 2013
State and political subdivisions	$	22,711	$	1,330	$	4	$	24,037
Mortgage-backed securities (1)		1,450,645		21,210		3,544		1,468,311
Corporate bonds		190,843		2,035		4,084		188,794
Asset-backed securities		223,827		2,420		377		225,870
Other		2,414		-		-		2,414

Total	$	1,890,440	$	26,995	$	8,009	$	1,909,426

(1) All are residential type mortgage-backed securities

Schedule of available for sale securities in an unrealized loss position

	Less than 12 Months				12 Months or More				Total
As of March 31, 2014	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	3,595	$	80	$	-	$	-	$	3,595	$	80
Mortgage-backed securities		342,886		3,817		186,290		7,511		529,176		11,328
Corporate bonds		82,337		2,393		75,320		2,537		157,657		4,930
Asset-backed securities		136,076		433		-		-		136,076		433
Total unrealized loss position	$	564,894	$	6,723	$	261,610	$	10,048	$	826,504	$	16,771

As of December 31, 2013
State and political subdivisions	$	4,539	$	139	$	-	$	-	$	4,539	$	139
Mortgage-backed securities		334,996		6,480		175,865		7,269		510,861		13,749
Corporate bonds		137,318		4,494		54,130		1,830		191,448		6,324
Asset-backed securities		164,933		722		22,370		266		187,303		988
Total unrealized loss position	$	641,786	$	11,835	$	252,365	$	9,365	$	894,151	$	21,200


	Less than 12 Months				12 Months or More				Total
As of March 31, 2013	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
State and political subdivisions	$	1,185	$	2	$	10	$	2	$	1,195	$	4
Mortgage-backed securities		399,263		3,544		-		-		399,263		3,544
Corporate bonds		21,323		145		77,007		3,939		98,330		4,084
Asset-backed securities		72,064		377		-		-		72,064		377
Total unrealized loss position	$	493,835	$	4,068	$	77,017	$	3,941	$	570,852	$	8,009

Schedule of amortized cost and fair value of available for sale and held to maturity securities by contractual maturity

	Available-for-Sale				Held-to-Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value

State and political subdivisions:
Within 1 year	$	6,290	$	6,404	$	763	$	759
1 to 5 years		12,496		13,043		15,850		16,992
5 to 10 years		2,610		2,667		22,698		24,262
More than 10 years		848		892		11,946		12,661
		22,244		23,006		51,257		54,674

Corporate bonds:
1 to 5 years		38,316		38,592		-		-
5 to 10 years		206,144		203,053		-		-
More than 10 years		10,778		10,279		-		-
		255,238		251,924		-		-

Asset-backed securities:
Within 1 year		9,980		9,975		-		-
1 to 5 years		71,360		72,443		-		-
5 to 10 years		317,888		319,417		-		-
More than 10 years		30,264		30,227		-		-
		429,492		432,062		-		-

Other:
More than 10 years		2,572		2,572		-		-
		2,572		2,572		-		-

Total securities other than mortgage-backed securities:
Within 1 year		16,270		16,379		763		759
1 to 5 years		122,172		124,078		15,850		16,992
5 to 10 years		526,642		525,137		22,698		24,262
More than 10 years		44,462		43,970		11,946		12,661

Mortgage-backed securities		1,126,227		1,128,112		413,440		418,462

	$	1,835,773	$	1,837,676	$	464,697	$	473,136

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details

- Definition

Tabular disclosure of all investments in certain debt and equity securities for which the entity has the positive intent and ability to hold until maturity.

+ References + Details

Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2014

Loans and Allowance For Loan Losses [Abstract]

Schedule of major classifications of loans

	March 31,			December 31,			March 31,
	2014			2013			2013

Commercial (secured by real estate)	$	1,765,621		$	1,756,710		$	1,804,030
Commercial & industrial		495,178			471,961			453,764
Commercial construction		148,454			148,903			152,410
Total commercial		2,409,253			2,377,574			2,410,204
Residential mortgage		866,615			875,077			849,802
Home equity lines of credit		446,705			440,887			396,173
Residential construction		317,749			328,579			371,733
Consumer installment		106,991			111,045			110,796
Indirect auto		208,395			196,104			54,852

Total loans		4,355,708			4,329,266			4,193,560

Less allowance for loan losses		(75,223	)		(76,762	)		(105,753	)

Loans, net	$	4,280,485		$	4,252,504		$	4,087,807

Schedule of United's recorded investment in asset

	Recorded Investment		Net Sales Proceeds		Net Charge-Off
Loans considered impaired	$	96,829	$	56,298	$	(40,531	)
Loans not considered impaired		25,687		15,227		(10,460	)
Foreclosed properties		8,398		5,933		(2,465	)
Total assets sold	$	130,914	$	77,458	$	(53,456	)

Schedule of recorded investment in loans by portfolio segment and allowance for loan losses based on impairment method


Three Months Ended March 31, 2014	Beginning Balance		Charge-Offs			Recoveries		Provision			Ending Balance

Commercial (secured by real estate)	$	24,338	$	(572	)	$	89	$	7,363		$	31,218
Commercial & industrial		6,527		(963	)		541		(1,858	)		4,247
Commercial construction		3,669		-			-		308			3,977
Residential mortgage		15,446		(1,581	)		66		2,036			15,967
Home equity lines of credit		5,528		(1,003	)		10		1,585			6,120
Residential construction		12,532		(304	)		93		(140	)		12,181
Consumer installment		1,353		(676	)		327		(287	)		717
Indirect auto		1,126		(77	)		11		(264	)		796
Unallocated		6,243		-			-		(6,243	)		-
Total allowance for loan losses		76,762		(5,176	)		1,137		2,500			75,223
Allowance for unfunded commitments		2,165		-			-		-			2,165
Total allowance for credit losses	$	78,927	$	(5,176	)	$	1,137	$	2,500		$	77,388

Three Months Ended March 31, 2013	Beginning Balance		Charge-Offs			Recoveries		Provision			Ending Balance

Commercial (secured by real estate)	$	27,847	$	(5,454	)	$	211	$	7,804		$	30,408
Commercial & industrial		5,537		(1,823	)		322		1,590			5,626
Commercial construction		8,389		(45	)		49		(285	)		8,108
Residential mortgage		19,117		(1,797	)		162		1,741			19,223
Home equity lines of credit		7,525		(559	)		47		692			7,705
Residential construction		26,662		(2,982	)		9		(363	)		23,326
Consumer installment		2,527		(665	)		181		(263	)		1,780
Indirect auto		220		(42	)		2		132			312
Unallocated		9,313		-			-		(48	)		9,265
Total allowance for loan losses		107,137		(13,367	)		983		11,000			105,753
Allowance for unfunded commitments		-		-			-		-			-
Total allowance for credit losses	$	107,137	$	(13,367	)	$	983	$	11,000		$	105,753


	Allowance for Loan Losses
	March 31, 2014						December 31, 2013						March 31, 2013
	Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance

Commercial (secured by real estate)	$	3,259	$	27,959	$	31,218	$	2,013	$	22,325	$	24,338	$	5,089	$	25,319	$	30,408
Commercial & industrial		253		3,994		4,247		66		6,461		6,527		1,026		4,600		5,626
Commercial construction		469		3,508		3,977		112		3,557		3,669		2,093		6,015		8,108
Residential mortgage		3,079		12,888		15,967		2,914		12,532		15,446		1,804		17,419		19,223
Home equity lines of credit		67		6,053		6,120		5		5,523		5,528		-		7,705		7,705
Residential construction		1,253		10,928		12,181		688		11,844		12,532		1,945		21,381		23,326
Consumer installment		19		698		717		224		1,129		1,353		14		1,766		1,780
Indirect auto		-		796		796		-		1,126		1,126		-		312		312
Unallocated		-		-		-		-		6,243		6,243		-		9,265		9,265
Total allowance for loan losses		8,399		66,824		75,223		6,022		70,740		76,762		11,971		93,782		105,753
Allowance for unfunded commitments		-		2,165		2,165		-		2,165		2,165		-		-		-
Total allowance for credit losses	$	8,399	$	68,989	$	77,388	$	6,022	$	72,905	$	78,927	$	11,971	$	93,782	$	105,753

	Loans Outstanding
	March 31, 2014						December 31, 2013						March 31, 2013
	Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance		Individually evaluated for impairment		Collectively evaluated for impairment		Ending Balance

Commercial (secured by real estate)	$	55,006	$	1,710,615	$	1,765,621	$	60,208	$	1,696,502	$	1,756,710	$	86,978	$	1,717,052	$	1,804,030
Commercial & industrial		4,167		491,011		495,178		4,217		467,744		471,961		50,347		403,417		453,764
Commercial construction		11,390		137,064		148,454		13,715		135,188		148,903		38,970		113,440		152,410
Residential mortgage		21,303		845,312		866,615		20,167		854,910		875,077		21,916		827,886		849,802
Home equity lines of credit		505		446,200		446,705		505		440,382		440,887		240		395,933		396,173
Residential construction		12,409		305,340		317,749		14,808		313,771		328,579		31,936		339,797		371,733
Consumer installment		340		106,651		106,991		999		110,046		111,045		407		110,389		110,796
Indirect auto		-		208,395		208,395		-		196,104		196,104		-		54,852		54,852
Total loans	$	105,120	$	4,250,588	$	4,355,708	$	114,619	$	4,214,647	$	4,329,266	$	230,794	$	3,962,766	$	4,193,560

Schedule of recorded investments in individually evaluated impaired loans

	March 31, 2014						December 31, 2013						March 31, 2013
	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated

With no related allowance recorded:
Commercial (secured by real estate)	$	24,716	$	17,850	$	-	$	30,361	$	24,205	$	-	$	50,386	$	37,202	$	-
Commercial & industrial		2,417		1,851		-		2,252		2,252		-		73,196		46,895		-
Commercial construction		390		390		-		974		974		-		23,486		16,703		-
Total commercial		27,523		20,091		-		33,587		27,431		-		147,068		100,800		-
Residential mortgage		7,292		5,364		-		4,496		3,634		-		7,522		6,066		-
Home equity lines of credit		-		-		-		-		-		-		240		240		-
Residential construction		6,474		5,174		-		9,462		7,807		-		19,026		15,223		-
Consumer installment		82		82		-		-		-		-		-		-		-
Indirect auto		-		-		-		-		-		-		-		-		-
Total with no related allowance recorded		41,371		30,711		-		47,545		38,872		-		173,856		122,329		-

With an allowance recorded:
Commercial (secured by real estate)		39,377		37,156		3,259		36,085		36,003		2,013		52,363		49,777		5,089
Commercial & industrial		2,598		2,316		253		2,248		1,965		66		3,562		3,451		1,026
Commercial construction		11,079		11,000		469		12,821		12,741		112		23,150		22,267		2,093
Total commercial		53,054		50,472		3,981		51,154		50,709		2,191		79,075		75,495		8,208
Residential mortgage		16,688		15,939		3,079		17,119		16,533		2,914		16,104		15,850		1,804
Home equity lines of credit		505		505		67		505		505		5		-		-		-
Residential construction		8,615		7,235		1,253		8,469		7,001		688		17,244		16,713		1,945
Consumer installment		360		258		19		999		999		224		420		407		14
Indirect auto		-		-		-		-		-		-		-		-		-
Total with an allowance recorded		79,222		74,409		8,399		78,246		75,747		6,022		112,843		108,465		11,971
Total	$	120,593	$	105,120	$	8,399	$	125,791	$	114,619	$	6,022	$	286,699	$	230,794	$	11,971

Schedule of average balances of impaired loans and income recognized on impaired loans

	Three Months Ended March 31,
	2014						2013
	Average Balance		Interest Revenue Recognized During Impairment		Cash Basis Interest Revenue Received		Average Balance		Interest Revenue Recognized During Impairment		Cash Basis Interest Revenue Received

Commercial (secured by real estate)	$	54,969	$	670	$	713	$	91,631	$	946	$	1,000
Commercial & industrial		4,560		53		51		43,694		156		629
Commercial construction		12,714		112		135		39,208		151		232
Total commercial		72,243		835		899		174,533		1,253		1,861
Residential mortgage		21,321		229		238		19,912		238		220
Home equity lines of credit		505		5		6		502		3		3
Residential construction		13,037		145		150		40,592		326		428
Consumer installment		448		6		9		276		6		6
Indirect auto		-		-		-		-		-		-
Total	$	107,554	$	1,220	$	1,302	$	235,815	$	1,826	$	2,518

Schedule of recorded investment in nonaccrual loans by loan class

	Nonaccrual Loans
	March 31, 2014			December 31, 2013			March 31, 2013

Commercial (secured by real estate)	$	5,146		$	8,340		$	17,304
Commercial & industrial		822			427			29,545
Commercial construction		479			361			22,359
Total commercial		6,447			9,128			69,208
Residential mortgage		13,307			11,730			10,901
Home equity lines of credit		1,106			1,448			916
Residential construction		3,805			4,264			14,592
Consumer installment		291			249			389
Indirect auto		294			-			-
Total	$	25,250		$	26,819		$	96,006

Balance as a percentage of unpaid principal		65.8	%		65.3	%		66.3	%

Schedule of aging of the recorded investment in past due loans

	Loans Past Due								Loans Not
As of March 31, 2014	30 - 59 Days		60 - 89 Days		> 90 Days		Total		Past Due		Total
Commercial (secured by real estate)	$	2,310	$	1,446	$	1,865	$	5,621	$	1,760,000	$	1,765,621
Commercial & industrial		1,468		231		589		2,288		492,890		495,178
Commercial construction		313		46		366		725		147,729		148,454
Total commercial		4,091		1,723		2,820		8,634		2,400,619		2,409,253
Residential mortgage		7,295		3,520		4,806		15,621		850,994		866,615
Home equity lines of credit		1,554		551		502		2,607		444,098		446,705
Residential construction		1,440		30		782		2,252		315,497		317,749
Consumer installment		677		495		60		1,232		105,759		106,991
Indirect auto		263		179		137		579		207,816		208,395
Total loans	$	15,320	$	6,498	$	9,107	$	30,925	$	4,324,783	$	4,355,708

Loans Past Due

Loans Not

As of December 31, 2013

30 - 59 Days

60 - 89 Days

> 90 Days

Total

Past Due

Total

Commercial (secured by real estate)	$	5,724	$	2,797	$	2,547	$	11,068	$	1,745,642	$	1,756,710
Commercial & industrial		2,349		223		88		2,660		469,301		471,961
Commercial construction		94		190		235		519		148,384		148,903
Total commercial		8,167		3,210		2,870		14,247		2,363,327		2,377,574
Residential mortgage		9,011		2,832		4,140		15,983		859,094		875,077
Home equity lines of credit		2,056		430		941		3,427		437,460		440,887
Residential construction		1,335		588		1,375		3,298		325,281		328,579
Consumer installment		1,058		358		24		1,440		109,605		111,045
Indirect auto		185		65		42		292		195,812		196,104
Total loans	$	21,812	$	7,483	$	9,392	$	38,687	$	4,290,579	$	4,329,266

As of March 31, 2013
Commercial (secured by real estate)	$	7,402	$	2,304	$	5,750	$	15,456	$	1,788,574	$	1,804,030
Commercial & industrial		1,485		419		219		2,123		451,641		453,764
Commercial construction		856		-		5,530		6,386		146,024		152,410
Total commercial		9,743		2,723		11,499		23,965		2,386,239		2,410,204
Residential mortgage		10,293		2,395		4,014		16,702		833,100		849,802
Home equity lines of credit		1,606		272		145		2,023		394,150		396,173
Residential construction		2,310		2,371		2,373		7,054		364,679		371,733
Consumer installment		672		100		109		881		109,915		110,796
Indirect auto		10		52		-		62		54,790		54,852
Total loans	$	24,634	$	7,913	$	18,140	$	50,687	$	4,142,873	$	4,193,560

Schedule of additional information on troubled debt restructurings

	March 31, 2014						December 31, 2013						March 31, 2013
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment

Commercial (sec by RE)		78	$	45,130	$	40,959		77	$	44,964	$	40,667		97	$	80,618	$	74,675
Commercial & industrial		35		3,574		3,292		36		3,527		3,245		41		8,944		8,834
Commercial construction		14		11,678		11,598		13		13,122		13,042		25		36,491		32,614
Total commercial		127		60,382		55,849		126		61,613		56,954		163		126,053		116,123
Residential mortgage		148		21,163		19,657		133		20,117		18,852		119		19,661		18,783
Home equity lines of credit		3		505		505		3		505		505		1		240		240
Residential construction		52		10,400		9,518		57		12,459		10,452		71		25,651		23,345
Consumer installment		26		442		340		26		203		203		46		282		269
Indirect auto		-		-		-		-		-		-		-		-		-
Total loans		356		92,892		85,869		345		94,897	$	86,966		400		171,887		158,760

Schedule of loans modified under the terms of TDR

New Troubled Debt Restructurings for the Three Months Ended March 31, 2014	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Troubled Debt Restructurings Modified Within the Previous Twelve Months that Have Subsequently Defaulted During the Three Months Ended March 31, 2014
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Recorded Investment

Commercial (secured by real estate)		4	$	1,138	$	1,138		1	$	104
Commercial & industrial		1		224		224		2		54
Commercial construction		1		231		231		-		-
Total commercial		6		1,593		1,593		3		158
Residential mortgage		14		1,132		1,132		4		452
Home equity lines of credit		-		-		-		-		-
Residential construction		-		-		-		-		-
Consumer installment		2		142		142		-		-
Indirect auto		-		-		-		-		-
Total loans		22	$	2,867	$	2,867		7	$	610

New Troubled Debt Restructurings for the Three Months Ended March 31, 2013	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Troubled Debt Restructurings Modified Within the Previous Twelve Months that Have Subsequently Defaulted During the Three Months Ended March 31, 2013
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Number of Contracts		Recorded Investment

Commercial (secured by real estate)		8	$	3,568	$	3,568	$	1	$	432
Commercial & industrial		9		815		709		1		35
Commercial construction		-		-		-		2		1,454
Total commercial		17		4,383		4,277		4		1,921
Residential mortgage		11		2,115		2,115		1		68
Home equity lines of credit		-		-		-		-		-
Residential construction		5		784		655		2		117
Consumer installment		4		21		21		3		20
Indirect auto		-		-		-		-		-
Total loans		37	$	7,303	$	7,068		10	$	2,126

Schedule of risk category of loans by class of loans

					Substandard				Doubtful /
As of March 31, 2014	Pass		Watch		Performing		Nonaccrual		Loss		Total

Commercial (secured by real estate)	$	1,637,299	$	38,851	$	84,325	$	5,146	$	-	$	1,765,621
Commercial & industrial		481,310		4,905		8,141		822		-		495,178
Commercial construction		138,560		4,134		5,281		479		-		148,454
Total commercial		2,257,169		47,890		97,747		6,447		-		2,409,253
Residential mortgage		799,145		10,591		43,572		13,307		-		866,615
Home equity lines of credit		437,908		29		7,662		1,106		-		446,705
Residential construction		292,032		8,935		12,977		3,805		-		317,749
Consumer installment		104,379		11		2,310		291		-		106,991
Indirect auto		207,504		-		597		294		-		208,395
Total loans	$	4,098,137	$	67,456	$	164,865	$	25,250	$	-	$	4,355,708

As of December 31, 2013

Commercial (secured by real estate)	$	1,630,521	$	40,124	$	77,725	$	8,340	$	-	$	1,756,710
Commercial & industrial		456,563		5,382		9,589		427		-		471,961
Commercial construction		120,852		10,932		16,758		361		-		148,903
Total commercial		2,207,936		56,438		104,072		9,128		-		2,377,574
Residential mortgage		793,381		25,944		44,022		11,730		-		875,077
Home equity lines of credit		426,052		5,420		7,967		1,448				440,887
Residential construction		298,685		11,526		14,104		4,264		-		328,579
Consumer installment		107,029		1,229		2,538		249		-		111,045
Indirect auto		196,104		-		-		-		-		196,104
Total loans	$	4,029,187	$	100,557	$	172,703	$	26,819	$	-	$	4,329,266

As of March 31, 2013

Commercial (secured by real estate)	$	1,593,193	$	65,413	$	128,120	$	17,304	$	-	$	1,804,030
Commercial & industrial		397,124		6,775		20,320		29,545		-		453,764
Commercial construction		104,413		7,176		18,462		22,359		-		152,410
Total commercial		2,094,730		79,364		166,902		69,208		-		2,410,204
Residential mortgage		758,185		26,722		53,994		10,901		-		849,802
Home equity lines of credit		381,064		4,084		10,109		916				396,173
Residential construction		296,029		23,230		37,882		14,592		-		371,733
Consumer installment		106,725		888		2,794		389		-		110,796
Indirect auto		54,852		-		-		-		-		54,852
Total loans	$	3,691,585	$	134,288	$	271,681	$	96,006	$	-	$	4,193,560

Foreclosed Property (Tables)

3 Months Ended

Mar. 31, 2014

Foreclosed Property [Abstract]

Schedule of classifications of foreclosed properties

	March 31,			December 31,			March 31,
	2014			2013			2013

Commercial real estate	$	3,336		$	1,287		$	6,658
Commercial construction		-			-			3,027
Total commercial		3,336			1,287			9,685
Residential mortgage		2,599			3,380			3,768
Residential construction		700			736			8,260
Total foreclosed property		6,635			5,403			21,713
Less valuation allowance		(1,041	)		(1,182	)		(4,979	)
Foreclosed property, net	$	5,594		$	4,221		$	16,734

Balance as a percentage of original loan unpaid principal		53.9	%		44.5	%		45.0	%

Schedule of activity in the valuation allowance for foreclosed property

	Three Months Ended
	March 31,
	2014			2013

Balance at beginning of year	$	1,182		$	6,954
Additions charged to expense		277			1,041
Disposals		(418	)		(3,016	)
Balance at end of period	$	1,041		$	4,979

Schedule of expenses related to foreclosed assets

	Three Months Ended
	March 31,
	2014			2013

Net (gain)/loss on sales	$	(521	)	$	105
Provision for unrealized losses		277			1,041
Operating expenses		360			1,187
Total foreclosed property expense	$	116		$	2,333

Reclassifications Out of Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2014

Reclassifications Out Of Accumulated Other Comprehensive Income [Abstract]

Schedule of reclassifications out of accumulated other comprehensive income

	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	For the three months ended March 31,						Affected Line Item in the Statement Where Net Income is Presented
	2014			2013

Realized gains on sales of available-for-sale securities:
	$	217		$	116		Securities gains, net
		(92	)		(45	)	Tax expense
	$	125		$	71		Net of tax

Amortization of (losses) gains included in net income on available-for-sale securities transferred to held to maturity:
	$	(330	)	$	319		Investment securities interest revenue
		123			(124	)	Tax benefit (expense)
	$	(207	)	$	195		Net of tax

Gains included in net income on derivative financial instruments accounted for as cash flow hedges:
Effective portion of interest rate contracts	$	-		$	537		Loan interest revenue
Effective portion of interest rate contracts	$	(97	)	$	-		Brokered deposit interest expense
Ineffective portion of interest rate contracts		-			1		Loan interest revenue
		(97	)		538		Total before tax
		38			(209	)	Tax or benefit (expense)
	$	(59	)	$	329		Net of tax

Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan
Prior service cost	$	(91	)	$	(90	)	Salaries and employee benefits expense
Actuarial losses		-			(42	)	Salaries and employee benefits expense
		(91	)		(132	)	Total before tax
		35			51		Tax benefit
	$	(56	)	$	(81	)	Net of tax

Total reclassifications for the period	$	(197	)	$	514		Net of tax

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Schedule of accrued dividends on preferred stock, including accretion of discounts

	Three Months Ended
	March 31,
	2014		2013

Series A - 6% fixed	$	-	$	3
Series B - 5% fixed until December 6, 2013, 9% thereafter		159		2,630
Series D - LIBOR plus 9.6875%, resets quarterly		280		419
Total preferred stock dividends	$	439	$	3,052

Schedule of computation of basic and diluted loss per share

	Three Months Ended
	March 31,
	2014		2013

Net income available to common shareholders	$	14,961	$	8,713

Weighted average shares outstanding:
Basic		60,059		58,081
Effect of dilutive securities
Convertible securities		-		-
Stock options		2		-
Warrants		-		-
Diluted		60,061		58,081

Net income per common share:
Basic	$	.25	$	.15
Diluted	$	.25	$	.15

Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2014

Derivatives and Hedging Activities [Abstract]

Schedule of derivative financial instruments on consolidated balance sheet

Derivatives designated as hedging instruments under ASC 815
		Fair Value
Interest Rate Products	Balance Sheet Location	March 31, 2014		December 31, 2013		March 31, 2013

Cash flow hedge of money market deposits	Other assets	$	2,971	$	4,782	$	-
Fair value hedge of corporate bonds	Other assets		2,655		3,939		21
		$	5,626	$	8,721	$	21

Cash flow hedge of short-term debt	Other liabilities	$	3,650	$	3,368	$	4,614
Cash flow hedge of money market deposits	Other liabilities		678		-		3,694
Fair value hedge of brokered CD’s	Other liabilities		14,119		19,970		5,384
Fair value hedge of corporate bonds	Other liabilities		2,729		2,308		272
		$	21,176	$	25,646	$	13,964

Derivatives not designated as hedging instruments under ASC 815
		Fair Value
Interest Rate Products	Balance Sheet Location	March 31, 2014		December 31, 2013		March 31, 2013

Customer swap positions	Other assets	$	1,359	$	898	$	617
Dealer offsets to customer swap positions	Other assets		825		1,347		36
Bifurcated embedded derivatives	Other assets		13,753		12,867		-
		$	15,937	$	15,112	$	653

Customer swap positions	Other liabilities	$	825	$	1,347	$	36
Dealer offsets to customer swap positions	Other liabilities		1,377		915		627
Dealer offsets to bifurcated embedded derivatives	Other liabilities		18,931		18,324		-
		$	21,133	$	20,586	$	663

Schedule of effect of fair value hedging derivative financial instruments on the consolidated statement of operations


	Location of Gain	Amount of Gain (Loss)						Amount of Gain (Loss)
	(Loss) Recognized	Recognized in Income						Recognized in Income
	in Income on	on Derivative						on Hedged Item
	Derivative	2014			2013			2014			2013

Three Months Ended March 31,
Fair value hedges of brokered CD’s	Interest expense	$	5,853		$	(1,844	)	$	(6,034	)	$	1,779
Fair value hedges of corporate bonds	Interest revenue		(1,704	)		(232	)		1,496			211
		$	4,149		$	(2,076	)	$	(4,538	)	$	1,990

Schedule of effect of cash flow hedging derivative financial instruments on other comprehensive income


	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)					Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)						Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2014			2013		Location	2014			2013		Location	2014			2013

Three Months Ended March 31,
						Interest revenue	$	-		$	539
						Interest Expense		(97	)		-
Interest rate swaps	$	(2,833	)	$	430	Total	$	(97	)	$	539	Interest expense	$	(35	)	$	-

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of stock option activity

Options	Shares			Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)		Aggregate Intrinisic Value ($000)

Outstanding at December 31, 2013		350,772		$	97.87
Expired		(1,912	)		69.61
Outstanding at March 31, 2014		348,860			98.02		3.1	$	104

Exercisable at March 31, 2014		338,785			100.55		2.9		42

Schedule of activity in restricted stock and restricted stock unit awards

Restricted Stock	Shares			Weighted- Average Grant- Date Fair Value

Outstanding at December 31, 2013		1,073,676		$	13.73
Granted		25,750			19.14
Excercised		(1,667	)		10.77
Cancelled		(833	)		13.16
Outstanding at March 31, 2014		1,096,926			13.86

Vested at March 31, 2014		22,462			10.11

Assets and Liabilities Measured at Fair Value (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value [Abstract]

Schedule of assets and liabilities measured at fair value on a recurring basis

March 31, 2014	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale:
State and political subdivisions	$	-	$	23,006	$	-	$	23,006
Mortgage-backed securities		-		1,128,112		-		1,128,112
Corporate bonds		-		251,574		350		251,924
Asset-backed securities		-		432,062		-		432,062
Other		-		2,572		-		2,572
Deferred compensation plan assets		3,468		-		-		3,468
Derivative financial instruments		-		21,563		-		21,563
Total assets	$	3,468	$	1,858,889	$	350	$	1,862,707

Liabilities:
Deferred compensation plan liability	$	3,468	$	-	$	-	$	3,468
Brokered certificates of deposit		-		177,726		-		177,726
Derivative financial instruments		-		42,309		-		42,309
Total liabilities	$	3,468	$	220,035	$	-	$	223,503

December 31, 2013	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale
State and political subdivisions	$	-	$	23,242	$	-	$	23,242
Mortgage-backed securities		-		1,145,347		-		1,145,347
Corporate bonds		-		249,946		350		250,296
Asset-backed securities		-		410,633		-		410,633
Other		-		2,699		-		2,699
Deferred compensation plan assets		3,496		-		-		3,496
Derivative financial instruments		-		23,833		-		23,833
Total assets	$	3,496	$	1,855,700	$	350	$	1,859,546

Liabilities:
Deferred compensation plan liability	$	3,496	$	-	$	-	$	3,496
Brokered certificates of deposit		-		173,657		-		173,657
Derivative financial instruments		-		46,233		-		46,233
Total liabilities	$	3,496	$	219,890	$	-	$	223,386

March 31, 2013	Level 1		Level 2		Level 3		Total
Assets:
Securities available for sale:
State and political subdivisions	$	-	$	24,037	$	-	$	24,037
Mortgage-backed securities		-		1,468,311		-		1,468,311
Corporate bonds		-		188,444		350		188,794
Asset-backed securities		-		225,870		-		225,870
Other		-		2,414		-		2,414
Deferred compensation plan assets		3,037		-		-		3,037
Derivative financial instruments		-		602		-		602
Total assets	$	3,037	$	1,909,678	$	350	$	1,913,065

Liabilities:
Deferred compensation plan liability	$	3,037	$	-	$	-	$	3,037
Brokered certificates of deposit		-		194,415		-		194,415
Derivative financial instruments		-		14,556		-		14,556
Total liabilities	$	3,037	$	208,971	$	-	$	212,008

Schedule of assets measured at fair value on a recurring basis using significant unobservable inputs

	Securities Available for Sale
	Three Months Ended
	March 31,
Securities Available for Sale	2014		2013

Balance at beginning of period	$	350	$	350
Amounts included in earnings		-		-
Paydowns		-		-

Balance at end of period	$	350	$	350

Schedule of carrying amount and fair values for other financial instruments that are not measured at fair value on a recurring basis

March 31, 2014	Level 1		Level 2		Level 3		Total
Assets
Loans	$	-	$	-	$	79,918	$	79,918
Foreclosed properties		-		-		3,120		3,120

Total	$	-	$	-	$	83,038	$	83,038

December 31, 2013
Assets
Loans	$	-	$	-	$	82,798	$	82,798
Foreclosed properties		-		-		3,747		3,747

Total	$	-	$	-	$	86,545	$	86,545

March 31, 2013
Assets
Loans	$	-	$	-	$	170,767	$	170,767
Foreclosed properties		-		-		14,716		14,716

Total	$	-	$	-	$	185,483	$	185,483

Schedule of presentation of united's assets and liabilities measured at fair value on nonrecurring basis

	Carrying		Fair Value Level
March 31, 2014	Amount		Level 1		Level 2		Level 3		Total
Assets:
Securities held to maturity	$	464,697	$	-	$	473,136	$	-	$	473,136
Loans, net		4,280,485		-		-		4,201,255		4,201,255
Mortgage loans held for sale		10,933		-		11,121		-		11,121

Liabilities:
Deposits		6,247,541		-		6,238,927		-		6,238,927
Federal Home Loan Bank advances		50,125		-		50,125		-		50,125
Long-term debt		129,865		-		-		130,636		130,636

December 31, 2013
Assets:
Securities held to maturity	$	479,742	$	-	$	485,585	$	-	$	485,585
Loans, net		4,252,504		-		-		4,165,591		4,165,591
Mortgage loans held for sale		10,319		-		10,529		-		10,529

Liabilities:
Deposits		6,201,505		-		6,204,815		-		6,204,815
Federal Home Loan Bank advances		120,125		-		120,125		-		120,125
Long-term debt		129,865		-		-		130,262		130,262

March 31, 2013
Assets:
Securities held to maturity	$	231,087	$	-	$	247,087	$	-	$	247,087
Loans, net		4,087,807		-		-		3,980,932		3,980,932
Mortgage loans held for sale		18,290		-		18,803		-		18,803

Liabilities:
Deposits		6,025,852		-		6,034,103		-		6,034,103
Federal Home Loan Bank advances		125		-		125		-		125
Long-term debt		124,825		-		-		123,402		123,402

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Schedule of contractual amount of off-balance sheet instruments

	March 31, 2014		December 31, 2013		March 31, 2013
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	720,891	$	747,170	$	565,685
Letters of credit		19,960		19,846		12,818

Balance Sheet Offsetting - Summary of amounts outstanding under master netting agreements (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Offsetting [Abstract]
Repurchase and reverse repurchase agreements gross amounts of recognized assets	$ 397,000	$ 385,000	$ 332,000
Repurchase and reverse repurchase agreements gross amounts offset on balance sheet assets	(350,000)	(350,000)	(250,000)
Repurchase and reverse repurchase agreements net assets balance	47,000	35,000	82,000
Repurchase and reverse repurchase agreements gross amounts not off set in balance sheet assets of financial instruments
Repurchase and reverse repurchase agreements gross amounts not off set in balance sheet assets of collateral received	(51,243)	(38,982)	(87,470)
Repurchase and reverse repurchase agreements net amount
Derivative, gross amounts of recognized assets	21,563	23,833	602
Derivative, gross amounts offset on the balance sheet
Derivatives net asset balance	21,563	23,833	602
Derivative, gross amounts not off set in balance sheet assets of financial instruments	(3,896)	(4,378)	(57)
Derivative, gross amounts not off set in balance sheet assets of collateral received	(704)	(2,912)
Derivative assets net amount	16,963	16,543	545
Offsetting assets gross amounts of recognized assets	418,563	408,833	332,602
Offsetting assets gross amounts offset on balance sheet	(350,000)	(350,000)	(250,000)
Offsetting assets net asset balance	68,563	58,833	82,602
Offsetting assets gross amounts not offset in balance sheet of financial instruments	(3,896)	(4,378)	(57)
Offsetting assets gross amounts not offset in the balance sheet of collateral received	(51,947)	(41,894)	(87,470)
Offsetting assets net amount	$ 16,963	$ 16,543	$ 545
Weighted average interest rate of reverse repurchase agreements assets	1.09%	1.09%	1.28%
Repurchase and reverse repurchase agreements gross amounts of recognized liabilities	$ 350,000	$ 350,000	$ 250,000
Repurchase and reverse repurchase agreements gross amounts offset on balance sheet liabilities	(350,000)	(350,000)	(250,000)
Repurchase and reverse repurchase agreements net liabilities balance
Repurchase and reverse repurchase agreements gross amounts not off set in balance sheet liabilities of financial instruments
Repurchase and reverse repurchase agreements gross amounts not off set in balance sheet liabilities of collateral pledged
Repurchase and reverse repurchase agreements net amount
Derivative liability, gross amounts of recognized liabilities	42,309	46,232	14,556
Derivative liability, gross amounts offset on balance sheet liabilities
Derivative liability, net liabilities balance	42,309	46,232	14,556
Derivative liability, gross amounts not off set in balance sheet liabilities of financial instruments	(3,896)	(4,378)	(57)
Derivative liability, gross amounts not off set in balance sheet liabilities of collateral pledged	(35,754)	(38,145)	(14,585)
Derivative liability net amount	2,659	3,709
Offsetting liabilities gross amounts of recognized liabilities	392,309	396,232	264,556
Offsetting liabilities gross amounts offset on balance sheet	(350,000)	(350,000)	(250,000)
Offsetting liabilities, net liabilities balance	42,309	46,232	14,556
Offsetting liabilities gross amounts not offset in balance sheet of financial instruments	(3,896)	(4,378)	(57)
Offsetting liabilities gross amounts not offset in the balance sheet of collateral pledged	(35,754)	(38,145)	(14,585)
Offsetting liabilities net amount	$ 2,659	$ 3,709
Weighted average interest rate of reverse repurchase agreements liabilities	0.28%	0.27%	0.37%

Securities - Summary of securities sales activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Investment Securities [Abstract]
Proceeds from sales	$ 153,316	$ 15,751
Gross gains on sales	410	116
Gross losses on sales	(193)
Net gains on sales of securities	217	116
Income tax expense attributable to sales	$ 92	$ 45

Securities - Amortized cost, gross unrealized gains and losses and fair value of securities held to maturity (Details 1) - USD ($)
$ in Thousands

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Held-to-maturity securities:

Amortized Cost

$ 464,697

$ 479,742

$ 231,087

Gross Unrealized Gains

10,307

9,408

16,051

Gross Unrealized Losses

1,868

3,565

Held-To-Maturity, Fair value

473,136

485,585

247,087

State and political subdivisions

Held-to-maturity securities:

Amortized Cost

51,257

51,733

51,768

Gross Unrealized Gains

3,430

2,718

5,663

Gross Unrealized Losses

Held-To-Maturity, Fair value

54,674

54,409

57,431

Mortgage-backed securities

Held-to-maturity securities:

Amortized Cost

^[1]

413,440

428,009

179,319

Gross Unrealized Gains

^[1]

6,877

6,690

10,388

Gross Unrealized Losses

^[1]

1,855

3,523

Held-To-Maturity, Fair value

^[1]

$ 418,462

$ 431,176

$ 189,656

[1]	All are residential type mortgage-backed securities

Securities - Summary of held to maturity securities in unrealized loss position (Details 2) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Summary of held to maturity securities in an unrealized loss position
Fair Value, Less than 12 Months	$ 201,912	$ 261,465	$ 4,929
Unrealized Loss, Less than 12 Months	1,734	3,565	51
Fair Value, 12 Months or More	1,644
Unrealized Loss, 12 Months or More	134
Fair Value, Total	203,556	261,465	4,929
Unrealized Loss, Total	1,868	3,565	51
State and political subdivisions
Summary of held to maturity securities in an unrealized loss position
Fair Value, Less than 12 Months	1,628	1,595
Unrealized Loss, Less than 12 Months	13	42
Fair Value, 12 Months or More
Unrealized Loss, 12 Months or More
Fair Value, Total	1,628	1,595
Unrealized Loss, Total	13	42
Mortgage-backed securities
Summary of held to maturity securities in an unrealized loss position
Fair Value, Less than 12 Months	200,284	259,870	4,929
Unrealized Loss, Less than 12 Months	1,721	3,523	51
Fair Value, 12 Months or More	1,644
Unrealized Loss, 12 Months or More	134
Fair Value, Total	201,928	259,870	4,929
Unrealized Loss, Total	$ 1,855	$ 3,523	$ 51

Securities - Cost basis, unrealized gains and losses, and fair value of securities available for sale (Details 3) - USD ($)
$ in Thousands

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Investment securities available-for-sale:

Amortized Cost

$ 1,835,773

$ 1,835,459

$ 1,890,440

Gross Unrealized Gains

18,674

17,958

26,995

Gross Unrealized Losses

16,771

21,200

8,009

Available for Sale, Fair Value

1,837,676

1,832,217

1,909,426

State and political subdivisions

Investment securities available-for-sale:

Amortized Cost

22,244

22,558

22,711

Gross Unrealized Gains

842

823

1,330

Gross Unrealized Losses

139

Available for Sale, Fair Value

23,006

23,242

24,037

Mortgage-backed securities

Investment securities available-for-sale:

Amortized Cost

^[1]

1,126,227

1,145,800

1,450,645

Gross Unrealized Gains

^[1]

13,213

13,296

21,210

Gross Unrealized Losses

^[1]

11,328

13,749

3,544

Available for Sale, Fair Value

^[1]

1,128,112

1,145,347

1,468,311

Corporate bonds

Investment securities available-for-sale:

Amortized Cost

255,238

255,316

190,843

Gross Unrealized Gains

1,616

1,304

2,035

Gross Unrealized Losses

4,930

6,324

4,084

Available for Sale, Fair Value

251,924

250,296

188,794

Asset-backed securities

Investment securities available-for-sale:

Amortized Cost

429,492

409,086

223,827

Gross Unrealized Gains

3,003

2,535

2,420

Gross Unrealized Losses

433

988

377

Available for Sale, Fair Value

432,062

410,633

225,870

Other

Investment securities available-for-sale:

Amortized Cost

2,572

2,699

2,414

Gross Unrealized Gains

Gross Unrealized Losses

Available for Sale, Fair Value

$ 2,572

$ 2,699

$ 2,414

[1]	All are residential type mortgage-backed securities

Securities - Summary of available for sale securities in unrealized loss position (Details 4) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Summary of available for sale securities in an unrealized loss position
Fair Value, Less than 12 Months	$ 564,894	$ 641,786	$ 493,835
Unrealized Loss, Less than 12 Months	6,723	11,835	4,068
Fair Value, 12 Months or More	261,610	252,365	77,017
Unrealized Loss, 12 Months or More	10,048	9,365	3,941
Fair Value, Total	826,504	894,151	570,852
Unrealized Loss, Total	16,771	21,200	8,009
State and political subdivisions
Summary of available for sale securities in an unrealized loss position
Fair Value, Less than 12 Months	3,595	4,539	1,185
Unrealized Loss, Less than 12 Months	80	139	2
Fair Value, 12 Months or More			10
Unrealized Loss, 12 Months or More			2
Fair Value, Total	3,595	4,539	1,195
Unrealized Loss, Total	80	139	4
Mortgage-backed securities
Summary of available for sale securities in an unrealized loss position
Fair Value, Less than 12 Months	342,886	334,996	399,263
Unrealized Loss, Less than 12 Months	3,817	6,480	3,544
Fair Value, 12 Months or More	186,290	175,865
Unrealized Loss, 12 Months or More	7,511	7,269
Fair Value, Total	529,176	510,861	399,263
Unrealized Loss, Total	11,328	13,749	3,544
Corporate bonds
Summary of available for sale securities in an unrealized loss position
Fair Value, Less than 12 Months	82,337	137,318	21,323
Unrealized Loss, Less than 12 Months	2,393	4,494	145
Fair Value, 12 Months or More	75,320	54,130	77,007
Unrealized Loss, 12 Months or More	2,537	1,830	3,939
Fair Value, Total	157,657	191,448	98,330
Unrealized Loss, Total	4,930	6,324	4,084
Asset-backed securities
Summary of available for sale securities in an unrealized loss position
Fair Value, Less than 12 Months	136,076	164,933	72,064
Unrealized Loss, Less than 12 Months	433	722	377
Fair Value, 12 Months or More		22,370
Unrealized Loss, 12 Months or More		266
Fair Value, Total	136,076	187,303	72,064
Unrealized Loss, Total	$ 433	$ 988	$ 377

Securities - Amortized cost and fair value of held to maturity and available for sale securities (Details 5) - USD ($)
$ in Thousands

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost

$ 1,835,773

$ 1,835,459

$ 1,890,440

Available for Sale, Fair Value

1,837,676

1,832,217

1,909,426

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost

464,697

479,742

231,087

Held-To-Maturity, Fair value

473,136

485,585

247,087

State and political subdivisions

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost, Within 1 year

6,290

Available for Sale, Fair Value, Within 1 year

6,404

Available for Sale, Amortized Cost, 1 to 5 years

12,496

Available for Sale, Fair Value, 1 to 5 years

13,043

Available for Sale, Amortized Cost, 5 to 10 years

2,610

Available for Sale, Fair Value, 5 to 10 years

2,667

Available for Sale, Amortized Cost, More than 10 years

848

Available for Sale, Fair Value, More than 10 years

892

Available for Sale, Amortized Cost

22,244

22,558

22,711

Available for Sale, Fair Value

23,006

23,242

24,037

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost, Within 1 year

763

Held to Maturity, Fair Value, Within 1 year

759

Held to Maturity, Amortized Cost, 1 to 5 years

15,850

Held to Maturity, Fair Value, 1 to 5 years

16,992

Held to Maturity, Amortized Cost, 5 to 10 years

22,698

Held to Maturity, Fair Value, 5 to 10 years

24,262

Held to Maturity, Amortized Cost, More than 10 years

11,946

Held to Maturity, Fair Value, More than 10 years

12,661

Held to Maturity, Amortized Cost

51,257

51,733

51,768

Held-To-Maturity, Fair value

54,674

54,409

57,431

Corporate bonds

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost, 1 to 5 years

38,316

Available for Sale, Fair Value, 1 to 5 years

38,592

Available for Sale, Amortized Cost, 5 to 10 years

206,144

Available for Sale, Fair Value, 5 to 10 years

203,053

Available for Sale, Amortized Cost, More than 10 years

10,778

Available for Sale, Fair Value, More than 10 years

10,279

Available for Sale, Amortized Cost

255,238

255,316

190,843

Available for Sale, Fair Value

251,924

250,296

188,794

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost, 1 to 5 years

Held to Maturity, Fair Value, 1 to 5 years

Held to Maturity, Amortized Cost, 5 to 10 years

Held to Maturity, Fair Value, 5 to 10 years

Held to Maturity, Amortized Cost, More than 10 years

Held to Maturity, Fair Value, More than 10 years

Held to Maturity, Amortized Cost

Held-To-Maturity, Fair value

Asset-backed securities

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost, Within 1 year

9,980

Available for Sale, Fair Value, Within 1 year

9,975

Available for Sale, Amortized Cost, 1 to 5 years

71,360

Available for Sale, Fair Value, 1 to 5 years

72,443

Available for Sale, Amortized Cost, 5 to 10 years

317,888

Available for Sale, Fair Value, 5 to 10 years

319,417

Available for Sale, Amortized Cost, More than 10 years

30,264

Available for Sale, Fair Value, More than 10 years

30,227

Available for Sale, Amortized Cost

429,492

409,086

223,827

Available for Sale, Fair Value

432,062

410,633

225,870

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost, Within 1 year

Held to Maturity, Fair Value, Within 1 year

Held to Maturity, Amortized Cost, 1 to 5 years

Held to Maturity, Fair Value, 1 to 5 years

Held to Maturity, Amortized Cost, 5 to 10 years

Held to Maturity, Fair Value, 5 to 10 years

Held to Maturity, Amortized Cost, More than 10 years

Held to Maturity, Fair Value, More than 10 years

Held to Maturity, Amortized Cost

Held-To-Maturity, Fair value

Other

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost, More than 10 years

2,572

Available for Sale, Fair Value, More than 10 years

2,572

Available for Sale, Amortized Cost

2,572

2,699

2,414

Available for Sale, Fair Value

2,572

2,699

2,414

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost, More than 10 years

Held to Maturity, Fair Value, More than 10 years

Held to Maturity, Amortized Cost

Held-To-Maturity, Fair value

Total securities other than mortgage-backed securities

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost, Within 1 year

16,270

Available for Sale, Fair Value, Within 1 year

16,379

Available for Sale, Amortized Cost, 1 to 5 years

122,172

Available for Sale, Fair Value, 1 to 5 years

124,078

Available for Sale, Amortized Cost, 5 to 10 years

526,642

Available for Sale, Fair Value, 5 to 10 years

525,137

Available for Sale, Amortized Cost, More than 10 years

44,462

Available for Sale, Fair Value, More than 10 years

43,970

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost, Within 1 year

763

Held to Maturity, Fair Value, Within 1 year

759

Held to Maturity, Amortized Cost, 1 to 5 years

15,850

Held to Maturity, Fair Value, 1 to 5 years

16,992

Held to Maturity, Amortized Cost, 5 to 10 years

22,698

Held to Maturity, Fair Value, 5 to 10 years

24,262

Held to Maturity, Amortized Cost, More than 10 years

11,946

Held to Maturity, Fair Value, More than 10 years

12,661

Mortgage-backed securities

Available for Sale - Amortized Cost and Fair Value

Available for Sale, Amortized Cost

^[1]

1,126,227

1,145,800

1,450,645

Available for Sale, Fair Value

^[1]

1,128,112

1,145,347

1,468,311

Held to Maturity - Amortized Cost and Fair Value

Held to Maturity, Amortized Cost

413,440

428,009

179,319

Held-To-Maturity, Fair value

$ 418,462

$ 431,176

$ 189,656

[1]	All are residential type mortgage-backed securities

Securities (Details Textuals) $ in Thousands	Mar. 31, 2014 USD ($) Security	Dec. 31, 2013 USD ($)	Mar. 31, 2013 USD ($)
Investment Securities [Abstract]
Carrying value of secure public deposits, FHLB advances and other secured borrowings	$ 1,480,000	$ 1,530,000	$ 1,250,000
Securities available for sale with a fair value transferred to held-to-maturity	301,000
Unrealized loss on transferred securities	$ 8,310
Number of available for sale securities in unrealized loss position \| Security	113
Number of held to maturity securities in unrealized loss position \| Security	35

Loans and Allowance for Loan Losses - Major classifications of loans (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Classifications of loans
Total loans	$ 4,355,708	$ 4,329,266	$ 4,193,560
Less allowance for loan losses	(75,223)	(76,762)	(105,753)
Loans, net	4,280,485	4,252,504	4,087,807
Loans Receivable
Classifications of loans
Total loans	4,355,708	4,329,266	4,193,560
Less allowance for loan losses	(75,223)	(76,762)	(105,753)
Loans, net	4,280,485	4,252,504	4,087,807
Loans Receivable \| Commercial (secured by real estate)
Classifications of loans
Total loans	1,765,621	1,756,710	1,804,030
Less allowance for loan losses	(31,218)	(24,338)
Loans Receivable \| Commercial & industrial
Classifications of loans
Total loans	495,178	471,961	453,764
Less allowance for loan losses	(4,247)	(6,527)
Loans Receivable \| Commercial construction
Classifications of loans
Total loans	148,454	148,903	152,410
Less allowance for loan losses	(3,977)	(3,669)
Loans Receivable \| Commercial
Classifications of loans
Total loans	2,409,253	2,377,574	2,410,204
Loans Receivable \| Residential mortgage
Classifications of loans
Total loans	866,615	875,077	849,802
Less allowance for loan losses	(15,967)	(15,446)
Loans Receivable \| Home equity lines of credit
Classifications of loans
Total loans	446,705	440,887	396,173
Less allowance for loan losses	(6,120)	(5,528)
Loans Receivable \| Residential construction
Classifications of loans
Total loans	317,749	328,579	371,733
Less allowance for loan losses	(12,181)	(12,532)
Loans Receivable \| Consumer installment
Classifications of loans
Total loans	106,991	111,045	110,796
Less allowance for loan losses	(717)	(1,353)
Loans Receivable \| Indirect auto
Classifications of loans
Total loans	208,395	196,104	$ 54,852
Less allowance for loan losses	$ (796)	$ (1,126)

Loans and Allowance for Loan Losses - Summary of net charge offs of assets sold in bulk sale transaction (Details 1) $ in Thousands	3 Months Ended
	Mar. 31, 2014 USD ($)
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 130,914
Net Sales Proceeds	77,458
Net Charge-offs	(53,456)
Loans considered impaired
Financing Receivable, Impaired [Line Items]
Recorded Investment	96,829
Net Sales Proceeds	56,298
Net Charge-offs	(40,531)
Loans not considered impaired
Financing Receivable, Impaired [Line Items]
Recorded Investment	25,687
Net Sales Proceeds	15,227
Net Charge-offs	(10,460)
Foreclosed properties
Financing Receivable, Impaired [Line Items]
Recorded Investment	8,398
Net Sales Proceeds	5,933
Net Charge-offs	$ (2,465)

Loans and Allowance for Loan Losses - Balance and activity in allowance for loan losses by portfolio segment and recorded investment in loans by portfolio segment (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 78,927	$ 107,137
Charge-offs	(5,176)	(13,367)
Recoveries	1,137	983
Provision	2,500	11,000
Ending Balance	77,388	105,753
Loans Receivable
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	76,762	107,137
Charge-offs	(5,176)	(13,367)
Recoveries	1,137	983
Provision	2,500	11,000
Ending Balance	75,223	105,753
Loans Receivable \| Commercial (secured by real estate)
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	24,338	27,847
Charge-offs	(572)	(5,454)
Recoveries	89	211
Provision	7,363	7,804
Ending Balance	31,218	30,408
Loans Receivable \| Commercial & industrial
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	6,527	5,537
Charge-offs	(963)	(1,823)
Recoveries	541	322
Provision	(1,858)	1,590
Ending Balance	4,247	5,626
Loans Receivable \| Commercial construction
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	3,669	8,389
Charge-offs		(45)
Recoveries		49
Provision	308	(285)
Ending Balance	3,977	8,108
Loans Receivable \| Residential mortgage
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	15,446	19,117
Charge-offs	(1,581)	(1,797)
Recoveries	66	162
Provision	2,036	1,741
Ending Balance	15,967	19,223
Loans Receivable \| Home equity lines of credit
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	5,528	7,525
Charge-offs	(1,003)	(559)
Recoveries	10	47
Provision	1,585	692
Ending Balance	6,120	7,705
Loans Receivable \| Residential construction
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	12,532	26,662
Charge-offs	(304)	(2,982)
Recoveries	93	9
Provision	(140)	(363)
Ending Balance	12,181	23,326
Loans Receivable \| Consumer installment
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,353	2,527
Charge-offs	(676)	(665)
Recoveries	327	181
Provision	(287)	(263)
Ending Balance	717	1,780
Loans Receivable \| Indirect auto
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,126	220
Charge-offs	(77)	(42)
Recoveries	11	2
Provision	(264)	132
Ending Balance	796	312
Loans Receivable \| Unallocated
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	6,243	9,313
Charge-offs
Recoveries
Provision	(6,243)	(48)
Ending Balance		9,265
Loans Receivable \| Allowance for unfunded commitments
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning Balance	2,165
Charge-offs
Recoveries
Provision
Ending Balance	$ 2,165

Loans and Allowance for Loan Losses - Recorded investment in loans by portfolio segment and the balance of the allowance for loan losses (Details 3) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	$ 8,399	$ 6,022	$ 11,971
Allowance for Loan Losses,Collectively evaluated for impairment	68,989	72,905	93,782
Allowance for Loan Losses, Ending balance	77,388	78,927	105,753	$ 107,137
Loans Outstanding, Ending Balance	4,355,708	4,329,266	4,193,560
Loans Receivable
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	8,399	6,022	11,971
Allowance for Loan Losses,Collectively evaluated for impairment	66,824	70,740	93,782
Allowance for Loan Losses, Ending balance	75,223	76,762	105,753	107,137
Loans Outstanding, Individually evaluated for impairment	105,120	114,619	230,794
Loans Outstanding, Collectively evaluated for impairment	4,250,588	4,214,647	3,962,766
Loans Outstanding, Ending Balance	4,355,708	4,329,266	4,193,560
Loans Receivable \| Commercial (secured by real estate)
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	3,259	2,013	5,089
Allowance for Loan Losses,Collectively evaluated for impairment	27,959	22,325	25,319
Allowance for Loan Losses, Ending balance	31,218	24,338	30,408	27,847
Loans Outstanding, Individually evaluated for impairment	55,006	60,208	86,978
Loans Outstanding, Collectively evaluated for impairment	1,710,615	1,696,502	1,717,052
Loans Outstanding, Ending Balance	1,765,621	1,756,710	1,804,030
Loans Receivable \| Commercial & industrial
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	253	66	1,026
Allowance for Loan Losses,Collectively evaluated for impairment	3,994	6,461	4,600
Allowance for Loan Losses, Ending balance	4,247	6,527	5,626	5,537
Loans Outstanding, Individually evaluated for impairment	4,167	4,217	50,347
Loans Outstanding, Collectively evaluated for impairment	491,011	467,744	403,417
Loans Outstanding, Ending Balance	495,178	471,961	453,764
Loans Receivable \| Commercial construction
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	469	112	2,093
Allowance for Loan Losses,Collectively evaluated for impairment	3,508	3,557	6,015
Allowance for Loan Losses, Ending balance	3,977	3,669	8,108	8,389
Loans Outstanding, Individually evaluated for impairment	11,390	13,715	38,970
Loans Outstanding, Collectively evaluated for impairment	137,064	135,188	113,440
Loans Outstanding, Ending Balance	148,454	148,903	152,410
Loans Receivable \| Residential mortgage
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	3,079	2,914	1,804
Allowance for Loan Losses,Collectively evaluated for impairment	12,888	12,532	17,419
Allowance for Loan Losses, Ending balance	15,967	15,446	19,223	19,117
Loans Outstanding, Individually evaluated for impairment	21,303	20,167	21,916
Loans Outstanding, Collectively evaluated for impairment	845,312	854,910	827,886
Loans Outstanding, Ending Balance	866,615	875,077	849,802
Loans Receivable \| Home equity lines of credit
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	67	5
Allowance for Loan Losses,Collectively evaluated for impairment	6,053	5,523	7,705
Allowance for Loan Losses, Ending balance	6,120	5,528	7,705	7,525
Loans Outstanding, Individually evaluated for impairment	505	505	240
Loans Outstanding, Collectively evaluated for impairment	446,200	440,382	395,933
Loans Outstanding, Ending Balance	446,705	440,887	396,173
Loans Receivable \| Residential construction
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	1,253	688	1,945
Allowance for Loan Losses,Collectively evaluated for impairment	10,928	11,844	21,381
Allowance for Loan Losses, Ending balance	12,181	12,532	23,326	26,662
Loans Outstanding, Individually evaluated for impairment	12,409	14,808	31,936
Loans Outstanding, Collectively evaluated for impairment	305,340	313,771	339,797
Loans Outstanding, Ending Balance	317,749	328,579	371,733
Loans Receivable \| Consumer installment
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	19	224	14
Allowance for Loan Losses,Collectively evaluated for impairment	698	1,129	1,766
Allowance for Loan Losses, Ending balance	717	1,353	1,780	2,527
Loans Outstanding, Individually evaluated for impairment	340	999	407
Loans Outstanding, Collectively evaluated for impairment	106,651	110,046	110,389
Loans Outstanding, Ending Balance	106,991	111,045	110,796
Loans Receivable \| Indirect auto
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment
Allowance for Loan Losses,Collectively evaluated for impairment	796	1,126	312
Allowance for Loan Losses, Ending balance	796	1,126	312	220
Loans Outstanding, Individually evaluated for impairment
Loans Outstanding, Collectively evaluated for impairment	208,395	196,104	54,852
Loans Outstanding, Ending Balance	208,395	196,104	54,852
Loans Receivable \| Unallocated
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment
Allowance for Loan Losses,Collectively evaluated for impairment		6,243	9,265
Allowance for Loan Losses, Ending balance		6,243	9,265	9,313
Loans Receivable \| Allowance for unfunded commitments
Financing Receivable, Allowance For Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment
Allowance for Loan Losses,Collectively evaluated for impairment	2,165	2,165
Allowance for Loan Losses, Ending balance	$ 2,165	$ 2,165

Loans and Allowance for Loan Losses - Loans individually evaluated for impairment by class of loans (Details 4) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Loans individually evaluated for impairment by class of loans
Recorded Investment	$ 130,914
Allowance for Loan Losses, Individually evaluated for impairment	8,399	$ 6,022	$ 11,971
Loans Receivable
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	41,371	47,545	173,856
Recorded Investment, With no related allowance recorded	30,711	38,872	122,329
Unpaid Principal Balance, With an allowance recorded	79,222	78,246	112,843
Recorded Investment, With allowance recorded	74,409	75,747	108,465
Unpaid Principal Balance	120,593	125,791	286,699
Recorded Investment	105,120	114,619	230,794
Allowance for loan losses allocated with allowance	8,399	6,022	11,971
Allowance for Loan Losses, Individually evaluated for impairment	8,399	6,022	11,971
Loans Receivable \| Commercial (secured by real estate)
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	24,716	30,361	50,386
Recorded Investment, With no related allowance recorded	17,850	24,205	37,202
Unpaid Principal Balance, With an allowance recorded	39,377	36,085	52,363
Recorded Investment, With allowance recorded	37,156	36,003	49,777
Allowance for loan losses allocated with allowance	3,259	2,013	5,089
Allowance for Loan Losses, Individually evaluated for impairment	3,259	2,013	5,089
Loans Receivable \| Commercial & industrial
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	2,417	2,252	73,196
Recorded Investment, With no related allowance recorded	1,851	2,252	46,895
Unpaid Principal Balance, With an allowance recorded	2,598	2,248	3,562
Recorded Investment, With allowance recorded	2,316	1,965	3,451
Allowance for loan losses allocated with allowance	253	66	1,026
Allowance for Loan Losses, Individually evaluated for impairment	253	66	1,026
Loans Receivable \| Commercial construction
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	390	974	23,486
Recorded Investment, With no related allowance recorded	390	974	16,703
Unpaid Principal Balance, With an allowance recorded	11,079	12,821	23,150
Recorded Investment, With allowance recorded	11,000	12,741	22,267
Allowance for loan losses allocated with allowance	469	112	2,093
Allowance for Loan Losses, Individually evaluated for impairment	469	112	2,093
Loans Receivable \| Commercial
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	27,523	33,587	147,068
Recorded Investment, With no related allowance recorded	20,091	27,431	100,800
Unpaid Principal Balance, With an allowance recorded	53,054	51,154	79,075
Recorded Investment, With allowance recorded	50,472	50,709	75,495
Allowance for loan losses allocated with allowance	3,981	2,191	8,208
Loans Receivable \| Residential mortgage
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	7,292	4,496	7,522
Recorded Investment, With no related allowance recorded	5,364	3,634	6,066
Unpaid Principal Balance, With an allowance recorded	16,688	17,119	16,104
Recorded Investment, With allowance recorded	15,939	16,533	15,850
Allowance for loan losses allocated with allowance	3,079	2,914	1,804
Allowance for Loan Losses, Individually evaluated for impairment	3,079	2,914	1,804
Loans Receivable \| Home equity lines of credit
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded			240
Recorded Investment, With no related allowance recorded			240
Unpaid Principal Balance, With an allowance recorded	505	505
Recorded Investment, With allowance recorded	505	505
Allowance for loan losses allocated with allowance	67	5
Allowance for Loan Losses, Individually evaluated for impairment	67	5
Loans Receivable \| Residential construction
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	6,474	9,462	19,026
Recorded Investment, With no related allowance recorded	5,174	7,807	15,223
Unpaid Principal Balance, With an allowance recorded	8,615	8,469	17,244
Recorded Investment, With allowance recorded	7,235	7,001	16,713
Allowance for loan losses allocated with allowance	1,253	688	1,945
Allowance for Loan Losses, Individually evaluated for impairment	1,253	688	1,945
Loans Receivable \| Consumer installment
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded	82
Recorded Investment, With no related allowance recorded	82
Unpaid Principal Balance, With an allowance recorded	360	999	420
Recorded Investment, With allowance recorded	258	999	407
Allowance for loan losses allocated with allowance	19	224	14
Allowance for Loan Losses, Individually evaluated for impairment	19	224	14
Loans Receivable \| Indirect auto
Loans individually evaluated for impairment by class of loans
Unpaid Principal Balance, With no related allowance recorded
Recorded Investment, With no related allowance recorded
Unpaid Principal Balance, With an allowance recorded
Recorded Investment, With allowance recorded
Allowance for loan losses allocated with allowance
Allowance for Loan Losses, Individually evaluated for impairment

Loans and Allowance for Loan Losses - Average balances of impaired loans and income recognized on impaired loans (Details 5) - Loans Receivable - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Average balances of impaired loans and income recognized on impaired loans
Average Balance	$ 107,554	$ 235,815
Interest Revenue Recognized During Impairment	1,220	1,826
Cash Basis Interest Revenue Received	1,302	2,518
Commercial (Secured By Real Estate)
Average balances of impaired loans and income recognized on impaired loans
Average Balance	54,969	91,631
Interest Revenue Recognized During Impairment	670	946
Cash Basis Interest Revenue Received	713	1,000
Commercial & industrial
Average balances of impaired loans and income recognized on impaired loans
Average Balance	4,560	43,694
Interest Revenue Recognized During Impairment	53	156
Cash Basis Interest Revenue Received	51	629
Commercial construction
Average balances of impaired loans and income recognized on impaired loans
Average Balance	12,714	39,208
Interest Revenue Recognized During Impairment	112	151
Cash Basis Interest Revenue Received	135	232
Commercial
Average balances of impaired loans and income recognized on impaired loans
Average Balance	72,243	174,533
Interest Revenue Recognized During Impairment	835	1,253
Cash Basis Interest Revenue Received	899	1,861
Residential mortgage
Average balances of impaired loans and income recognized on impaired loans
Average Balance	21,321	19,912
Interest Revenue Recognized During Impairment	229	238
Cash Basis Interest Revenue Received	238	220
Home equity lines of credit
Average balances of impaired loans and income recognized on impaired loans
Average Balance	505	502
Interest Revenue Recognized During Impairment	5	3
Cash Basis Interest Revenue Received	6	3
Residential construction
Average balances of impaired loans and income recognized on impaired loans
Average Balance	13,037	40,592
Interest Revenue Recognized During Impairment	145	326
Cash Basis Interest Revenue Received	150	428
Consumer installment
Average balances of impaired loans and income recognized on impaired loans
Average Balance	448	276
Interest Revenue Recognized During Impairment	6	6
Cash Basis Interest Revenue Received	9	6
Indirect auto
Average balances of impaired loans and income recognized on impaired loans
Average Balance
Interest Revenue Recognized During Impairment
Cash Basis Interest Revenue Received

Loans and Allowance for Loan Losses - Recorded investment in nonaccrual loans by loan class (Details 6) - Loans Receivable - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	$ 25,250	$ 26,819	$ 96,006
Balance as a percentage of unpaid principal	65.80%	65.30%	66.30%
Commercial (secured by real estate)
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	$ 5,146	$ 8,340	$ 17,304
Commercial & industrial
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	822	427	29,545
Commercial construction
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	479	361	22,359
Commercial
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	6,447	9,128	69,208
Residential mortgage
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	13,307	11,730	10,901
Home equity lines of credit
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	1,106	1,448	916
Residential construction
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	3,805	4,264	14,592
Consumer installment
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	291	249	389
Indirect auto
Recorded investment in nonaccrual loans by loan class
Nonaccrual Loans	$ 294

Loans and Allowance for Loan Losses - Aging of recorded investment in past due loans (Details 7) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Aging of the recorded investment in past due loans
Loans Outstanding, Ending Balance	$ 4,355,708	$ 4,329,266	$ 4,193,560
Loans Receivable
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	15,320	21,812	24,634
Loans Past Due, 60 - 89 Days	6,498	7,483	7,913
Loans Past Due, Greater than 90 Days Past Due	9,107	9,392	18,140
Loans, Total Past Due	30,925	38,687	50,687
Loans Not Past Due	4,324,783	4,290,579	4,142,873
Loans Outstanding, Ending Balance	4,355,708	4,329,266	4,193,560
Loans Receivable \| Commercial (secured by real estate)
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	2,310	5,724	7,402
Loans Past Due, 60 - 89 Days	1,446	2,797	2,304
Loans Past Due, Greater than 90 Days Past Due	1,865	2,547	5,750
Loans, Total Past Due	5,621	11,068	15,456
Loans Not Past Due	1,760,000	1,745,642	1,788,574
Loans Outstanding, Ending Balance	1,765,621	1,756,710	1,804,030
Loans Receivable \| Commercial & industrial
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	1,468	2,349	1,485
Loans Past Due, 60 - 89 Days	231	223	419
Loans Past Due, Greater than 90 Days Past Due	589	88	219
Loans, Total Past Due	2,288	2,660	2,123
Loans Not Past Due	492,890	469,301	451,641
Loans Outstanding, Ending Balance	495,178	471,961	453,764
Loans Receivable \| Commercial construction
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	313	94	856
Loans Past Due, 60 - 89 Days	46	190
Loans Past Due, Greater than 90 Days Past Due	366	235	5,530
Loans, Total Past Due	725	519	6,386
Loans Not Past Due	147,729	148,384	146,024
Loans Outstanding, Ending Balance	148,454	148,903	152,410
Loans Receivable \| Commercial
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	4,091	8,167	9,743
Loans Past Due, 60 - 89 Days	1,723	3,210	2,723
Loans Past Due, Greater than 90 Days Past Due	2,820	2,870	11,499
Loans, Total Past Due	8,634	14,247	23,965
Loans Not Past Due	2,400,619	2,363,327	2,386,239
Loans Outstanding, Ending Balance	2,409,253	2,377,574	2,410,204
Loans Receivable \| Residential mortgage
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	7,295	9,011	10,293
Loans Past Due, 60 - 89 Days	3,520	2,832	2,395
Loans Past Due, Greater than 90 Days Past Due	4,806	4,140	4,014
Loans, Total Past Due	15,621	15,983	16,702
Loans Not Past Due	850,994	859,094	833,100
Loans Outstanding, Ending Balance	866,615	875,077	849,802
Loans Receivable \| Home equity lines of credit
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	1,554	2,056	1,606
Loans Past Due, 60 - 89 Days	551	430	272
Loans Past Due, Greater than 90 Days Past Due	502	941	145
Loans, Total Past Due	2,607	3,427	2,023
Loans Not Past Due	444,098	437,460	394,150
Loans Outstanding, Ending Balance	446,705	440,887	396,173
Loans Receivable \| Residential construction
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	1,440	1,335	2,310
Loans Past Due, 60 - 89 Days	30	588	2,371
Loans Past Due, Greater than 90 Days Past Due	782	1,375	2,373
Loans, Total Past Due	2,252	3,298	7,054
Loans Not Past Due	315,497	325,281	364,679
Loans Outstanding, Ending Balance	317,749	328,579	371,733
Loans Receivable \| Consumer installment
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	677	1,058	672
Loans Past Due, 60 - 89 Days	495	358	100
Loans Past Due, Greater than 90 Days Past Due	60	24	109
Loans, Total Past Due	1,232	1,440	881
Loans Not Past Due	105,759	109,605	109,915
Loans Outstanding, Ending Balance	106,991	111,045	110,796
Loans Receivable \| Indirect auto
Aging of the recorded investment in past due loans
Loans Past Due, 30 - 59 Days	263	185	10
Loans Past Due, 60 - 89 Days	179	65	52
Loans Past Due, Greater than 90 Days Past Due	137	42
Loans, Total Past Due	579	292	62
Loans Not Past Due	207,816	195,812	54,790
Loans Outstanding, Ending Balance	$ 208,395	$ 196,104	$ 54,852

Loans and Allowance for Loan Losses - TDRs and pre and post-modification recorded investment (Details 8) - Loans Receivable $ in Thousands	Mar. 31, 2014 USD ($) Contract	Dec. 31, 2013 USD ($) Contract	Mar. 31, 2013 USD ($) Contract
Additional information on troubled debt restructurings
Number of Contracts \| Contract	356	345	400
Pre-Modification Outstanding Recorded Investment	$ 92,892	$ 94,897	$ 171,887
Post-Modification Outstanding Recorded Investment	$ 85,869	$ 86,966	$ 158,760
Commercial (secured by real estate)
Additional information on troubled debt restructurings
Number of Contracts \| Contract	78	77	97
Pre-Modification Outstanding Recorded Investment	$ 45,130	$ 44,964	$ 80,618
Post-Modification Outstanding Recorded Investment	$ 40,959	$ 40,667	$ 74,675
Commercial & industrial
Additional information on troubled debt restructurings
Number of Contracts \| Contract	35	36	41
Pre-Modification Outstanding Recorded Investment	$ 3,574	$ 3,527	$ 8,944
Post-Modification Outstanding Recorded Investment	$ 3,292	$ 3,245	$ 8,834
Commercial construction
Additional information on troubled debt restructurings
Number of Contracts \| Contract	14	13	25
Pre-Modification Outstanding Recorded Investment	$ 11,678	$ 13,122	$ 36,491
Post-Modification Outstanding Recorded Investment	$ 11,598	$ 13,042	$ 32,614
Commercial
Additional information on troubled debt restructurings
Number of Contracts \| Contract	127	126	163
Pre-Modification Outstanding Recorded Investment	$ 60,382	$ 61,613	$ 126,053
Post-Modification Outstanding Recorded Investment	$ 55,849	$ 56,954	$ 116,123
Residential mortgage
Additional information on troubled debt restructurings
Number of Contracts \| Contract	148	133	119
Pre-Modification Outstanding Recorded Investment	$ 21,163	$ 20,117	$ 19,661
Post-Modification Outstanding Recorded Investment	$ 19,657	$ 18,852	$ 18,783
Home equity lines of credit
Additional information on troubled debt restructurings
Number of Contracts \| Contract	3	3	1
Pre-Modification Outstanding Recorded Investment	$ 505	$ 505	$ 240
Post-Modification Outstanding Recorded Investment	$ 505	$ 505	$ 240
Residential construction
Additional information on troubled debt restructurings
Number of Contracts \| Contract	52	57	71
Pre-Modification Outstanding Recorded Investment	$ 10,400	$ 12,459	$ 25,651
Post-Modification Outstanding Recorded Investment	$ 9,518	$ 10,452	$ 23,345
Consumer installment
Additional information on troubled debt restructurings
Number of Contracts \| Contract	26	26	46
Pre-Modification Outstanding Recorded Investment	$ 442	$ 203	$ 282
Post-Modification Outstanding Recorded Investment	$ 340	$ 203	$ 269
Indirect auto
Additional information on troubled debt restructurings
Number of Contracts \| Contract
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment

Loans and Allowance for Loan Losses - Loans modified under terms of TDR (Details 9) - Loans Receivable $ in Thousands	3 Months Ended
	Mar. 31, 2014 USD ($) Contract	Mar. 31, 2013 USD ($) Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	22	37
Pre-Modification Outstanding Recorded Investment	$ 2,867	$ 7,303
Post Modification Outstanding Recorded Investment	$ 2,867	$ 7,068
Number of Contracts \| Contract	7	10
Recorded Investment	$ 610	$ 2,126
Commercial (secured by real estate)
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	4	8
Pre-Modification Outstanding Recorded Investment	$ 1,138	$ 3,568
Post Modification Outstanding Recorded Investment	$ 1,138	$ 3,568
Number of Contracts \| Contract	1	1
Recorded Investment	$ 104	$ 432
Commercial & industrial
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	1	9
Pre-Modification Outstanding Recorded Investment	$ 224	$ 815
Post Modification Outstanding Recorded Investment	$ 224	$ 709
Number of Contracts \| Contract	2	1
Recorded Investment	$ 54	$ 35
Commercial construction
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	1
Pre-Modification Outstanding Recorded Investment	$ 231
Post Modification Outstanding Recorded Investment	$ 231
Number of Contracts \| Contract		2
Recorded Investment		$ 1,454
Commercial
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	6	17
Pre-Modification Outstanding Recorded Investment	$ 1,593	$ 4,383
Post Modification Outstanding Recorded Investment	$ 1,593	$ 4,277
Number of Contracts \| Contract	3	4
Recorded Investment	$ 158	$ 1,921
Residential mortgage
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	14	11
Pre-Modification Outstanding Recorded Investment	$ 1,132	$ 2,115
Post Modification Outstanding Recorded Investment	$ 1,132	$ 2,115
Number of Contracts \| Contract	4	1
Recorded Investment	$ 452	$ 68
Home equity lines of credit
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract
Pre-Modification Outstanding Recorded Investment
Post Modification Outstanding Recorded Investment
Number of Contracts \| Contract
Recorded Investment
Residential construction
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract		5
Pre-Modification Outstanding Recorded Investment		$ 784
Post Modification Outstanding Recorded Investment		$ 655
Number of Contracts \| Contract		2
Recorded Investment		$ 117
Consumer installment
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract	2	4
Pre-Modification Outstanding Recorded Investment	$ 142	$ 21
Post Modification Outstanding Recorded Investment	$ 142	$ 21
Number of Contracts \| Contract		3
Recorded Investment		$ 20
Indirect auto
Financing Receivable, Modifications [Line Items]
Number of Contracts \| Contract
Pre-Modification Outstanding Recorded Investment
Post Modification Outstanding Recorded Investment
Number of Contracts \| Contract
Recorded Investment

Loans and Allowance for Loan Losses (Details Textuals) - USD ($)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Criteria amount for evaluation of impairment	$ 500,000
Accruing substandard relationship	2,000,000
Specific reserves	8,250,000	$ 8,120,000	$ 5,640,000
Loans outstanding classified as troubled debt restructurings	$ 12,000	613,000	6,000
Percentage of appraised value of underlying collateral in nonaccrual status	80.00%
Gross additional interest income that would have been earned if the nonaccrual loans had performed as per original terms	$ 460,000	1,140,000
Loans considered impaired
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses assign specific reserves	6,860,000
FHLB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Pledged as collateral to secure FHLB advances	$ 2,070,000,000	$ 1,940,000,000	$ 1,770,000,000

Foreclosed Property - Major classifications of foreclosed properties (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Classifications of foreclosed properties
Total foreclosed property	$ 6,635	$ 5,403	$ 21,713
Less valuation allowance	(1,041)	(1,182)	(4,979)
Foreclosed property, net	$ 5,594	$ 4,221	$ 16,734
Balance as a percentage of original loan unpaid principal	53.90%	44.50%	45.00%
Commercial real estate
Classifications of foreclosed properties
Total foreclosed property	$ 3,336	$ 1,287	$ 6,658
Commercial construction
Classifications of foreclosed properties
Total foreclosed property			3,027
Commercial
Classifications of foreclosed properties
Total foreclosed property	3,336	1,287	9,685
Residential mortgage
Classifications of foreclosed properties
Total foreclosed property	2,599	3,380	3,768
Residential construction
Classifications of foreclosed properties
Total foreclosed property	$ 700	$ 736	$ 8,260

Foreclosed Property - Activity in the valuation allowance for foreclosed property (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Activity in the valuation allowance for foreclosed property
Balance at beginning of year	$ 1,182
Balance at end of period	1,041	$ 4,979
Foreclosed Property
Activity in the valuation allowance for foreclosed property
Balance at beginning of year	1,182	6,954
Additions charged to expense	277	1,041
Disposals	(418)	(3,016)
Balance at end of period	$ 1,041	$ 4,979

Foreclosed Property - Expenses related to foreclosed assets (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Expenses related to foreclosed assets
Net (gain)/loss on sales	$ (521)	$ 105
Provision for unrealized losses	277	1,041
Operating expenses	360	1,187
Total foreclosed property expense	$ 116	$ 2,333

Reclassifications Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Securities gains, net	$ 217	$ 116
Loan interest revenue	47,688	50,935
Loan interest revenue	1,530	1,970
Tax (expense) or benefit	9,038	585
Net of tax	14,961	8,713
Reclassifications Out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net of tax	(197)	514
Reclassifications Out of Accumulated Other Comprehensive Income \| Realized gains on sales of available-for-sale securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Securities gains, net	217	116
Tax (expense) or benefit	(92)	(45)
Net of tax	125	71
Reclassifications Out of Accumulated Other Comprehensive Income \| Amortization of (losses) gains included in net income on available-for-sale securities transferred to held to maturity
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Investment securities interest revenue	(330)	319
Tax (expense) or benefit	123	(124)
Net of tax	(207)	195
Reclassifications Out of Accumulated Other Comprehensive Income \| Gains included in net income on derivative financial instruments accounted for as cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Loan interest revenue		537
Brokered deposit interest expense	(97)
Loan interest revenue		1
Total before tax	(97)	538
Tax (expense) or benefit	38	(209)
Net of tax	(59)	329
Reclassifications Out of Accumulated Other Comprehensive Income \| Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(91)	(132)
Tax (expense) or benefit	35	51
Net of tax	(56)	(81)
Reclassifications Out of Accumulated Other Comprehensive Income \| Amortization of prior service cost and actuarial losses included in net periodic pension cost for defined benefit pension plan \| Salaries and employee benefits expense
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Prior service cost	(91)	(90)
Actuarial losses		$ (42)

Earnings Per Share - Preferred stock dividends (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Accrued dividends on preferred stock, including accretion of discounts
Total preferred stock dividends	$ 439	$ 3,052
Series A - 6% fixed
Accrued dividends on preferred stock, including accretion of discounts
Total preferred stock dividends		3
Series B - 5% fixed until December 6, 2013, 9% thereafter
Accrued dividends on preferred stock, including accretion of discounts
Total preferred stock dividends	159	2,630
Series D - LIBOR plus 9.6875%, resets quarterly
Accrued dividends on preferred stock, including accretion of discounts
Total preferred stock dividends	$ 280	$ 419

Earnings Per Share - Computation of basic and diluted earnings per share (Details 1) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Computation of basic and diluted loss per share
Net income available to common shareholders	$ 14,961	$ 8,713
Weighted average shares outstanding:
Basic	60,059	58,081
Effect of dilutive securities
Convertible securities
Stock options	2
Warrants
Diluted	60,061	58,081
Net income per common share:
Basic (in dollars per share)	$ 0.25	$ 0.15
Diluted (in dollars per share)	$ 0.25	$ 0.15

Earnings Per Share (Details Textuals)	3 Months Ended
Earnings Per Share (Details Textuals)	Mar. 31, 2014 $ / shares $ / Warrant shares	Mar. 31, 2013 $ / shares $ / Warrant shares
Class of Stock [Line Items]
Exercise of price warrants \| $ / Warrant	61.40	61.40
Shares issuable upon exercise of grants	219,909	219,909
United's tax benefits preservation plan
Class of Stock [Line Items]
Shares issuable upon the exercise of warrants		1,551,126
Weighted average exercise price of stock options granted to employees \| $ / shares		$ 12.50
Fletcher International Ltd
Class of Stock [Line Items]
Exercise of price warrants \| $ / Warrant	21.25	21.25
Shares issuable upon the exercise of warrants	1,411,765	1,411,765
Employees
Class of Stock [Line Items]
Shares issuable upon exercise of grants	348,860	476,311
Weighted average exercise price of stock options granted to employees \| $ / shares	$ 98.02	$ 97.85
Restricted Stock
Class of Stock [Line Items]
Vesting of restricted stock awards	1,100,000	497,800
Trust preferred securities
Class of Stock [Line Items]
Shares issuable upon exercise of grants		129,670
Weighted average exercise price of stock options granted to employees \| $ / shares		$ 100

Derivatives and Hedging Activities - Derivatives accounted for as hedges under ASC 815 (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, asset derivatives, fair value	$ 5,626	$ 8,721	$ 21
Derivatives accounted for as hedges, liability derivatives, fair value	21,176	25,646	13,964
Other assets \| Cash flow hedging \| Money Market Deposits
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, asset derivatives, fair value	2,971	4,782
Other assets \| Fair value hedging \| Corporate Bonds
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, asset derivatives, fair value	2,655	3,939	21
Other liabilities \| Cash flow hedging \| Short-Term Debt
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, liability derivatives, fair value	3,650	3,368	4,614
Other liabilities \| Cash flow hedging \| Money Market Deposits
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, liability derivatives, fair value	678		3,694
Other liabilities \| Fair value hedging \| Brokered CD's
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, liability derivatives, fair value	14,119	19,970	5,384
Other liabilities \| Fair value hedging \| Corporate Bonds
Derivatives, Fair Value [Line Items]
Derivatives accounted for as hedges, liability derivatives, fair value	$ 2,729	$ 2,308	$ 272

Derivatives and Hedging Activities - Derivatives not designated as hedging instruments under ASC 815 (Details 1) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, assets at fair value	$ 15,937	$ 15,112	$ 653
Interest rate derivative instruments not designated as hedging instruments, liabilities at fair value	21,133	20,586	663
Other assets \| Customer swap positions
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, assets at fair value	1,359	898	617
Other assets \| Dealer offsets to customer swap positions
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, assets at fair value	825	1,347	36
Other assets \| Bifurcated embedded derivatives
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, assets at fair value	13,753	12,867
Other liabilities \| Customer swap positions
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, liabilities at fair value	825	1,347	36
Other liabilities \| Dealer offsets to customer swap positions
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, liabilities at fair value	1,377	915	627
Other liabilities \| Dealer offsets to bifurcated embedded derivatives
Derivatives, Fair Value [Line Items]
Interest rate derivative instruments not designated as hedging instruments, liabilities at fair value	$ 18,931	$ 18,324

Derivatives and Hedging Activities - Derivatives in Fair Value Hedging Relationships (Details 2) - Fair value hedging - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Effect of fair value hedging derivative financial instruments on the consolidated statement of operations
Amount of Gain (Loss) Recognized in Income on Derivative	$ 4,149	$ (2,076)
Amount of Gain (Loss) Recognized in Income on Hedged Item	(4,538)	1,990
Interest expense \| Brokered CD's
Effect of fair value hedging derivative financial instruments on the consolidated statement of operations
Amount of Gain (Loss) Recognized in Income on Derivative	5,853	(1,844)
Amount of Gain (Loss) Recognized in Income on Hedged Item	(6,034)	1,779
Interest revenue \| Corporate Bonds
Effect of fair value hedging derivative financial instruments on the consolidated statement of operations
Amount of Gain (Loss) Recognized in Income on Derivative	(1,704)	(232)
Amount of Gain (Loss) Recognized in Income on Hedged Item	$ 1,496	$ 211

Derivatives and Hedging Activities - Derivatives in Cash Flow Hedging Relationships (Details 3) - Cash flow hedging - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	$ (97)	$ 539
Interest rate swaps
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)	(2,833)	430
Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	(97)
Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)	(35)
Interest revenue
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)		$ 539

Derivatives and Hedging Activities (Details Textuals)	3 Months Ended
Derivatives and Hedging Activities (Details Textuals)	Mar. 31, 2014 USD ($) Contract	Mar. 31, 2013 USD ($) Contract	Dec. 31, 2013 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Aggregate notional amount designated as fair value hedges of interest rate risk	$ 100,000,000
Credit risk
Derivative Instruments, Gain (Loss) [Line Items]
Collateral pledged toward derivatives	$ 35,800,000
Cash flow hedging \| Interest Rate Risk
Derivative Instruments, Gain (Loss) [Line Items]
Number of derivative contracts outstanding \| Contract	3	3
Derivative instruments outstanding \| Contract	3	2
Recognized net gain (loss) related to ineffectiveness of the fair value hedging relationships	$ 35,000
Increase to deposit interest expense	5,020,000
Reclassification of gains recognized in loan interest revenue as hedge ineffectiveness		$ 1,000
Aggregate notional amount designated as fair value hedges of interest rate risk	375,000,000	200,000,000	$ 375,000,000
Total notional amount designated as cash flow hedges	$ 200,000,000	$ 200,000,000
Fair value hedging of interest rate risk \| Interest Rate Risk
Derivative Instruments, Gain (Loss) [Line Items]
Number of derivative contracts outstanding \| Contract	24	18
Derivative instruments outstanding \| Contract	8	2
Recognized net gain (loss) related to ineffectiveness of the fair value hedging relationships	$ 389,000	$ 86,000
Remaining number of derivative held \| Contract	16	16
Aggregate notional amount designated as fair value hedges of interest rate risk	$ 285,000,000	$ 220,000,000
Aggregate notional amount designated as fair value hedges of interest rate risk on outstanding swap	86,000,000	21,000,000
Interest expense \| Fair value hedging of interest rate risk \| Interest Rate Risk
Derivative Instruments, Gain (Loss) [Line Items]
Net reduction of interest expense/revenue	1,210,000	1,060,000
Interest revenue \| Fair value hedging of interest rate risk \| Interest Rate Risk
Derivative Instruments, Gain (Loss) [Line Items]
Net reduction of interest expense/revenue	$ 530,000	$ 12,000

Stock-Based Compensation - Stock option activity (Details) - Stock Options $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2014 USD ($) $ / shares shares
Shares
Outstanding at December 31, 2013 \| shares	350,772
Expired \| shares	(1,912)
Outstanding at March 31, 2014 \| shares	348,860
Exercisable at March 31, 2014 \| shares	338,785
Weighted-Average Exercise Price
Outstanding at December 31, 2013 \| $ / shares	$ 97.87
Expired \| $ / shares	69.61
Outstanding at March 31, 2014 \| $ / shares	98.02
Exercisable at March 31, 2014 \| $ / shares	$ 100.55
Weighted-Average Remaining Contractual Term (Years), Outstanding	3 years 1 month 6 days
Weighted-Average Remaining Contractual Term (Years), Exercisable	2 years 10 months 24 days
Aggregate Intrinsic Value, Outstanding \| $	$ 104
Aggregate Intrinsic Value, Exercisable \| $	$ 42

Stock-Based Compensation (Details 1) - Restricted Stock and Restricted Stock Unit	3 Months Ended
	Mar. 31, 2014 $ / shares shares
Shares
Outstanding at December 31, 2013 \| shares	1,073,676
Granted \| shares	25,750
Exercised \| shares	(1,667)
Cancelled \| shares	(833)
Outstanding at March 31, 2014 \| shares	1,096,926
Vested at March 31, 2013 \| shares	22,462
Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2012 \| $ / shares	$ 13.73
Granted \| $ / shares	19.14
Exercised \| $ / shares	10.77
Cancelled \| $ / shares	13.16
Outstanding at March 31, 2013 \| $ / shares	13.86
Vested at March 31, 2013 \| $ / shares	$ 10.11

Stock-Based Compensation (Details textuals) - USD ($) $ / shares in Millions	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional award granted under plan	525,800
Vesting period	4 years
Exercisable period	10 years
Unrecognized compensation cost	$ 11,900,000
Recognition period for unrecognized compensation cost related	3 years 3 months 25 days
Aggregate grant date fair value	$ 20,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense		$ 64,000
Estimated forfeiture rate of award	3.00%
Restricted Stock and Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 1,100,000	445,000
Total intrinsic value	$ 21.4
Other operating expense for restricted stock units granted	$ 25,000	$ 17,000

Common and Preferred Stock Issued / Common Stock Issuable (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Common Stock Issued and Issuable and Preferred Stock Issued [Abstract]
Discount rate to purchase shares of common stock	5.00%
Number of shares issued	11,837	18,170
Amount of shares issued	$ 209,000	$ 189,000
Number of shares issuable under the deferred compensation plan	237,763	133,469

Income Taxes (Details Textuals) - USD ($) $ in Thousands	3 Months Ended
Income Taxes (Details Textuals) - USD ($) $ in Thousands	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 9,038	$ 585
Income tax effective tax rate	37.00%	4.70%
Valuation allowance on deferred tax assets	$ 4,080	$ 271,000	$ 4,100
Reversal of the valuation allowance				$ 272,000
Valuation allowance related to specific state income tax credits	4,080
Net deferred tax asset realized based upon future taxable income	244,000
Unrecognized income tax benefits	$ 4,590	$ 5,200	$ 4,500

Assets and Liabilities Measured at Fair Value - Assets and liabilities measured at fair value on recurring basis (Details) - Recurring - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Level 1
Assets:
Assets, fair value	$ 3,468	$ 3,496	$ 3,037
Liabilities:
Liabilities, fair value	3,468	3,496	3,037
Level 1 \| State and political subdivisions
Assets:
Assets, fair value
Level 1 \| Mortgage-backed securities
Assets:
Assets, fair value
Level 1 \| Corporate bonds
Assets:
Assets, fair value
Level 1 \| Asset-backed securities
Assets:
Assets, fair value
Level 1 \| Other
Assets:
Assets, fair value
Level 1 \| Deferred compensation plan assets
Assets:
Assets, fair value	3,468	3,496	3,037
Level 1 \| Derivative financial instruments
Assets:
Assets, fair value
Level 1 \| Deferred compensation plan liability
Liabilities:
Liabilities, fair value	3,468	3,496	3,037
Level 1 \| Brokered certificates of deposit
Liabilities:
Liabilities, fair value
Level 1 \| Derivative financial instruments
Liabilities:
Liabilities, fair value
Level 2
Assets:
Assets, fair value	1,858,889	1,855,700	1,909,678
Liabilities:
Liabilities, fair value	220,035	219,890	208,971
Level 2 \| State and political subdivisions
Assets:
Assets, fair value	23,006	23,242	24,037
Level 2 \| Mortgage-backed securities
Assets:
Assets, fair value	1,128,112	1,145,347	1,468,311
Level 2 \| Corporate bonds
Assets:
Assets, fair value	251,574	249,946	188,444
Level 2 \| Asset-backed securities
Assets:
Assets, fair value	432,062	410,633	225,870
Level 2 \| Other
Assets:
Assets, fair value	2,572	2,699	2,414
Level 2 \| Deferred compensation plan assets
Assets:
Assets, fair value
Level 2 \| Derivative financial instruments
Assets:
Assets, fair value	21,563	23,833	602
Level 2 \| Deferred compensation plan liability
Liabilities:
Liabilities, fair value
Level 2 \| Brokered certificates of deposit
Liabilities:
Liabilities, fair value	177,726	173,657	194,415
Level 2 \| Derivative financial instruments
Liabilities:
Liabilities, fair value	42,309	46,233	14,556
Level 3
Assets:
Assets, fair value	350	350	350
Liabilities:
Liabilities, fair value
Level 3 \| State and political subdivisions
Assets:
Assets, fair value
Level 3 \| Mortgage-backed securities
Assets:
Assets, fair value
Level 3 \| Corporate bonds
Assets:
Assets, fair value	350	350	350
Level 3 \| Asset-backed securities
Assets:
Assets, fair value
Level 3 \| Other
Assets:
Assets, fair value
Level 3 \| Deferred compensation plan assets
Assets:
Assets, fair value
Level 3 \| Derivative financial instruments
Assets:
Assets, fair value
Level 3 \| Deferred compensation plan liability
Liabilities:
Liabilities, fair value
Level 3 \| Brokered certificates of deposit
Liabilities:
Liabilities, fair value
Level 3 \| Derivative financial instruments
Liabilities:
Liabilities, fair value
Total
Assets:
Assets, fair value	1,862,707	1,859,546	1,913,065
Liabilities:
Liabilities, fair value	223,503	223,386	212,008
Total \| State and political subdivisions
Assets:
Assets, fair value	23,006	23,242	24,037
Total \| Mortgage-backed securities
Assets:
Assets, fair value	1,128,112	1,145,347	1,468,311
Total \| Corporate bonds
Assets:
Assets, fair value	251,924	250,296	188,794
Total \| Asset-backed securities
Assets:
Assets, fair value	432,062	410,633	225,870
Total \| Other
Assets:
Assets, fair value	2,572	2,699	2,414
Total \| Deferred compensation plan assets
Assets:
Assets, fair value	3,468	3,496	3,037
Total \| Derivative financial instruments
Assets:
Assets, fair value	21,563	23,833	602
Total \| Deferred compensation plan liability
Liabilities:
Liabilities, fair value	3,468	3,496	3,037
Total \| Brokered certificates of deposit
Liabilities:
Liabilities, fair value	177,726	173,657	194,415
Total \| Derivative financial instruments
Liabilities:
Liabilities, fair value	$ 42,309	$ 46,233	$ 14,556

Assets and Liabilities Measured at Fair Value - Assets and liabilities measured at fair value (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Assets measured at fair value on recurring basis using significant unobservable inputs
Balance at beginning of period	$ 350	$ 350
Amounts included in earnings
Paydowns
Balance at end of period	$ 350	$ 350

Assets and Liabilities Measured at Fair Value - Assets and liabilities measured at fair value on nonrecurring basis (Details 2) - Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Level 1
Assets
Loans
Foreclosed properties
Total assets
Level 2
Assets
Loans
Foreclosed properties
Total assets
Level 3
Assets
Loans	79,918	82,798	170,767
Foreclosed properties	3,120	3,747	14,716
Total assets	83,038	86,545	185,483
Total
Assets
Loans	79,918	82,798	170,767
Foreclosed properties	3,120	3,747	14,716
Total assets	$ 83,038	$ 86,545	$ 185,483

Assets and Liabilities Measured at Fair Value - Fair values for other financial instruments that are not measured at fair value on recurring basis (Details 3) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Assets:
Securities held to maturity	$ 473,136	$ 485,585	$ 247,087
Loans, net	4,280,485	4,252,504	4,087,807
Level 1
Assets:
Securities held to maturity
Loans, net
Mortgage loans held for sale
Liabilities:
Deposits
Federal Home Loan Bank advances
Long-term debt
Level 2
Assets:
Securities held to maturity	473,136	485,585	247,087
Loans, net
Mortgage loans held for sale	11,121	10,529	18,803
Liabilities:
Deposits	6,238,927	6,204,815	6,034,103
Federal Home Loan Bank advances	50,125	120,125	125
Long-term debt
Level 3
Assets:
Securities held to maturity
Loans, net	4,201,255	4,165,591	3,980,932
Mortgage loans held for sale
Liabilities:
Deposits
Federal Home Loan Bank advances
Long-term debt	130,636	130,262	123,402
Total
Assets:
Securities held to maturity	473,136	485,585	247,087
Loans, net	4,201,255	4,165,591	3,980,932
Mortgage loans held for sale	11,121	10,529	18,803
Liabilities:
Deposits	6,238,927	6,204,815	6,034,103
Federal Home Loan Bank advances	50,125	120,125	125
Long-term debt	130,636	130,262	123,402
Carrying Amount
Assets:
Securities held to maturity	464,697	479,742	231,087
Loans, net	4,280,485	4,252,504	4,087,807
Mortgage loans held for sale	10,933	10,319	18,290
Liabilities:
Deposits	6,247,541	6,201,505	6,025,852
Federal Home Loan Bank advances	50,125	120,125	125
Long-term debt	$ 129,865	$ 129,865	$ 124,825

Assets and Liabilities Measured at Fair Value (Details Textual)	3 Months Ended
	Mar. 31, 2014 USD ($) Security
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of written down in appraisal value of nonaccrual impaired loans	80.00%
Percentage of written down in appraisal value of foreclosed properties	80.00%
Percentage of written down in asking price of foreclosed properties	90.00%
Maximum remaining maturity of financial instruments having no defined maturity	180 days
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of securities \| Security	2
Level 3 \| First Investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Par value of investment	$ 1,000,000
Written down value of investment	50,000
Impairment charges of investment	950,000
Level 3 \| Second Investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Par value of investment	1,000,000
Negative mark to fair value	$ 700,000

Commitments and Contingencies - Contractual amount of off-balance sheet instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Commitments to extend credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	$ 720,891	$ 747,170	$ 565,685
Letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments	$ 19,960	$ 19,846	$ 12,818

Loans and Allowance for Loan Losses - Risk category of loans by class of loans (Details 10) - USD ($) $ in Thousands	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Risk category of loans by class of loans
Total loans	$ 4,355,708	$ 4,329,266	$ 4,193,560
Loans Receivable
Risk category of loans by class of loans
Total loans	4,355,708	4,329,266	4,193,560
Loans Receivable \| Pass
Risk category of loans by class of loans
Total loans	4,098,137	4,029,187	3,691,585
Loans Receivable \| Watch
Risk category of loans by class of loans
Total loans	67,456	100,557	134,288
Loans Receivable \| Performing Substandard
Risk category of loans by class of loans
Total loans	164,865	172,703	271,681
Loans Receivable \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	25,250	26,819	96,006
Loans Receivable \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Commercial (secured by real estate)
Risk category of loans by class of loans
Total loans	1,765,621	1,756,710	1,804,030
Loans Receivable \| Commercial (secured by real estate) \| Pass
Risk category of loans by class of loans
Total loans	1,637,299	1,630,521	1,593,193
Loans Receivable \| Commercial (secured by real estate) \| Watch
Risk category of loans by class of loans
Total loans	38,851	40,124	65,413
Loans Receivable \| Commercial (secured by real estate) \| Performing Substandard
Risk category of loans by class of loans
Total loans	84,325	77,725	128,120
Loans Receivable \| Commercial (secured by real estate) \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	5,146	8,340	17,304
Loans Receivable \| Commercial (secured by real estate) \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Commercial & industrial
Risk category of loans by class of loans
Total loans	495,178	471,961	453,764
Loans Receivable \| Commercial & industrial \| Pass
Risk category of loans by class of loans
Total loans	481,310	456,563	397,124
Loans Receivable \| Commercial & industrial \| Watch
Risk category of loans by class of loans
Total loans	4,905	5,382	6,775
Loans Receivable \| Commercial & industrial \| Performing Substandard
Risk category of loans by class of loans
Total loans	8,141	9,589	20,320
Loans Receivable \| Commercial & industrial \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	822	427	29,545
Loans Receivable \| Commercial & industrial \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Commercial construction
Risk category of loans by class of loans
Total loans	148,454	148,903	152,410
Loans Receivable \| Commercial construction \| Pass
Risk category of loans by class of loans
Total loans	138,560	120,852	104,413
Loans Receivable \| Commercial construction \| Watch
Risk category of loans by class of loans
Total loans	4,134	10,932	7,176
Loans Receivable \| Commercial construction \| Performing Substandard
Risk category of loans by class of loans
Total loans	5,281	16,758	18,462
Loans Receivable \| Commercial construction \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	479	361	22,359
Loans Receivable \| Commercial construction \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Commercial
Risk category of loans by class of loans
Total loans	2,409,253	2,377,574	2,410,204
Loans Receivable \| Commercial \| Pass
Risk category of loans by class of loans
Total loans	2,257,169	2,207,936	2,094,730
Loans Receivable \| Commercial \| Watch
Risk category of loans by class of loans
Total loans	47,890	56,438	79,364
Loans Receivable \| Commercial \| Performing Substandard
Risk category of loans by class of loans
Total loans	97,747	104,072	166,902
Loans Receivable \| Commercial \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	6,447	9,128	69,208
Loans Receivable \| Commercial \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Residential mortgage
Risk category of loans by class of loans
Total loans	866,615	875,077	849,802
Loans Receivable \| Residential mortgage \| Pass
Risk category of loans by class of loans
Total loans	799,145	793,381	758,185
Loans Receivable \| Residential mortgage \| Watch
Risk category of loans by class of loans
Total loans	10,591	25,944	26,722
Loans Receivable \| Residential mortgage \| Performing Substandard
Risk category of loans by class of loans
Total loans	43,572	44,022	53,994
Loans Receivable \| Residential mortgage \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	13,307	11,730	10,901
Loans Receivable \| Residential mortgage \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Home equity lines of credit
Risk category of loans by class of loans
Total loans	446,705	440,887	396,173
Loans Receivable \| Home equity lines of credit \| Pass
Risk category of loans by class of loans
Total loans	437,908	426,052	381,064
Loans Receivable \| Home equity lines of credit \| Watch
Risk category of loans by class of loans
Total loans	29	5,420	4,084
Loans Receivable \| Home equity lines of credit \| Performing Substandard
Risk category of loans by class of loans
Total loans	7,662	7,967	10,109
Loans Receivable \| Home equity lines of credit \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	1,106	1,448	916
Loans Receivable \| Home equity lines of credit \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Residential construction
Risk category of loans by class of loans
Total loans	317,749	328,579	371,733
Loans Receivable \| Residential construction \| Pass
Risk category of loans by class of loans
Total loans	292,032	298,685	296,029
Loans Receivable \| Residential construction \| Watch
Risk category of loans by class of loans
Total loans	8,935	11,526	23,230
Loans Receivable \| Residential construction \| Performing Substandard
Risk category of loans by class of loans
Total loans	12,977	14,104	37,882
Loans Receivable \| Residential construction \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	3,805	4,264	14,592
Loans Receivable \| Residential construction \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Consumer installment
Risk category of loans by class of loans
Total loans	106,991	111,045	110,796
Loans Receivable \| Consumer installment \| Pass
Risk category of loans by class of loans
Total loans	104,379	107,029	106,725
Loans Receivable \| Consumer installment \| Watch
Risk category of loans by class of loans
Total loans	11	1,229	888
Loans Receivable \| Consumer installment \| Performing Substandard
Risk category of loans by class of loans
Total loans	2,310	2,538	2,794
Loans Receivable \| Consumer installment \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	291	249	389
Loans Receivable \| Consumer installment \| Doubtful / Loss
Risk category of loans by class of loans
Total loans
Loans Receivable \| Indirect auto
Risk category of loans by class of loans
Total loans	208,395	196,104	54,852
Loans Receivable \| Indirect auto \| Pass
Risk category of loans by class of loans
Total loans	207,504	196,104	54,852
Loans Receivable \| Indirect auto \| Watch
Risk category of loans by class of loans
Total loans
Loans Receivable \| Indirect auto \| Performing Substandard
Risk category of loans by class of loans
Total loans	597
Loans Receivable \| Indirect auto \| Nonaccrual Substandard
Risk category of loans by class of loans
Total loans	294
Loans Receivable \| Indirect auto \| Doubtful / Loss
Risk category of loans by class of loans
Total loans