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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2013	Feb. 24, 2014	Jun. 30, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	BankUnited, Inc.
Entity Central Index Key	0001504008
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock Shares Outstanding		101,549,929
Entity Well Known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Public Float			$ 1,702,263,231
Entity Voluntary Filer	No

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Cash and due from banks:
Non-interest bearing	$ 45,976	$ 61,088
Interest bearing	14,590	21,507
Interest bearing deposits at Federal Reserve Bank	190,075	408,827
Federal funds sold	2,108	3,931
Cash and cash equivalents	252,749	495,353
Investment securities available for sale, at fair value (including covered securities of $205,769 and $226,505)	3,637,124	4,172,412
Non-marketable equity securities	152,066	133,060
Loans held for sale	194	2,129
Loans (including covered loans of $1,483,888 and $1,864,375)	9,053,609	5,571,739
Allowance for loan and lease losses	(69,725)	(59,121)
Loans, net	8,983,884	5,512,618
FDIC indemnification asset	1,205,117	1,457,570
Bank owned life insurance	206,759	207,069
Equipment under operating lease	196,483	38,732
Other real estate owned (including covered OREO of $39,672 and $76,022)	40,570	76,022
Deferred tax asset, net	70,626	62,274
Goodwill and other intangible assets	69,067	69,768
Other assets	232,010	148,946
Total assets	15,046,649	12,375,953
Demand deposits:
Non-interest bearing	2,171,335	1,312,779
Interest bearing	676,079	542,561
Savings and money market	4,402,987	4,042,022
Time	3,282,027	2,640,711
Total deposits	10,532,428	8,538,073
Federal Home Loan Bank advances and other borrowings	2,414,313	1,925,094
Other liabilities	171,210	106,106
Total liabilities	13,117,951	10,569,273
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.01 per share, 400,000,000 shares authorized; 101,013,014 and 95,006,729 shares issued and outstanding	1,010	950
Preferred stock, par value $0.01 per share, 100,000,000 shares authorized; 5,415,794 shares of Series A issued and outstanding at December 31, 2012		54
Paid-in capital	1,334,945	1,308,315
Retained earnings	535,263	413,385
Accumulated other comprehensive income	57,480	83,976
Total stockholders' equity	1,928,698	1,806,680
Total liabilities and stockholders' equity	$ 15,046,649	$ 12,375,953

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Covered investment securities available for sale	$ 205,769	$ 226,505
Covered loans	1,483,888	1,864,375
Covered OREO	$ 39,672	$ 76,022
Stockholders' equity:
Common stock, par value (in Dollars per Share)	$ 0.01	$ 0.01
Common stock, shares authorized (in Shares)	400,000,000	400,000,000
Common stock, shares issued (in Shares)	101,013,014	95,006,729
Common stock, shares outstanding (in Shares)	101,013,014	95,006,729
Preferred stock, par value (in Dollars per Share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in Shares)	100,000,000	100,000,000
Series A Preferred stock, shares issued (in Shares)		5,415,794
Series A Preferred stock, shares outstanding (in Shares)		5,415,794

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest income:
Loans	$ 618,944	$ 584,727	$ 512,728
Investment securities available for sale	114,535	131,198	122,626
Other	5,342	4,931	2,743
Total interest income	738,821	720,856	638,097
Interest expense:
Deposits	60,566	66,178	75,773
Borrowings	32,045	57,091	63,164
Total interest expense	92,611	123,269	138,937
Net interest income before provision for (recovery of) loan losses	646,210	597,587	499,160
Provision for (recovery of) loan losses (including $(1,738), $(503) and $(7,692) for covered loans)	31,964	18,896	13,828
Net interest income after provision for (recovery of) loan losses	614,246	578,691	485,332
Non-interest income:
(Amortization) accretion of FDIC indemnification asset	(36,943)	15,306	55,901
Income from resolution of covered assets, net	78,862	51,016	18,776
Net gain (loss) on indemnification asset	(50,638)	(6,030)	79,812
FDIC reimbursement of costs of resolution of covered assets	9,397	19,569	31,528
Service charges and fees	14,255	12,716	11,128
Loss on sale of loans, net (including loss related to covered loans of $16,195, $29,270 and $70,366)	(15,469)	(28,657)	(69,714)
Gain on investment securities available for sale, net (including loss related to covered securities of $(963) for the year ended December 31, 2013)	8,629	17,039	1,136
Loss on extinguishment of debt		(14,175)
Loss on termination of interest rate swap		(8,701)
Mortgage insurance income	2,061	9,772	16,904
Other non-interest income	20,952	21,392	17,746
Total non-interest income	31,106	89,247	163,217
Non-interest expense:
Employee compensation and benefits (including $110.4 million in equity based compensation recorded in conjunction with the IPO for 2011; see Note 15)	173,763	173,261	272,991
Occupancy and equipment	63,766	54,465	36,680
Impairment of other real estate owned	1,939	9,926	24,569
Gain on sale of OREO	(9,568)	(4,164)	23,576
Foreclosure and other real estate owned expense	10,442	20,268	31,977
Deposit insurance expense	7,648	7,248	8,480
Professional fees	21,934	15,468	17,330
Telecommunications and data processing	13,034	12,462	12,041
Other non-interest expense	44,392	34,139	28,161
Total non-interest expense	327,350	323,073	455,805
Income before income taxes	318,002	344,865	192,744
Provision for income taxes	109,066	133,605	129,576
Net income	208,936	211,260	63,168
Preferred stock dividends		3,899
Net income available to common stockholders	$ 208,936	$ 207,361	$ 63,168
Earnings per common share, basic (see Note 2) (in Dollars per Share)	$ 2.03	$ 2.05	$ 0.63
Earnings per common share, diluted (see Note 2) (in Dollars per Share)	2.01	2.05	0.62
Cash dividends declared per common share (in Dollars per Share)	$ 0.84	$ 0.72	$ 0.56

CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2011
Consolidated Statements of Income [Abstract]
Provision for covered loans	$ (1,738)	$ (7,692)
Interest expense:
Loss on sale of covered loans	(16,195)	(70,366)
Loss on investment securities available for sale, covered	$ (963)
Equity based compensation recorded in conjunction with the IPO (see Note 15)		$ 110,400

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 208,936	$ 211,260	$ 63,168
Unrealized gains on investment securities available for sale, net of tax:
Net unrealized holding gains (losses) arising during the year	(39,546)	68,893	(27)
Reclassification adjustment for net securities gains realized in income	(5,300)	(10,466)	(698)
Net change in unrealized gains on securities available for sale	(44,846)	58,427	(725)
Unrealized losses on derivative instruments, net of tax:
Net unrealized holding gains (losses) arising during the year	4,942	(8,848)	(24,882)
Reclassification adjustment for net losses realized in income	13,408	16,378	11,660
Net change in unrealized losses on derivative instruments	18,350	7,530	(13,222)
Other comprehensive income (loss)	(26,496)	65,957	(13,947)
Comprehensive income	$ 182,440	$ 277,217	$ 49,221

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income	$ 208,936	$ 211,260	$ 63,168
Adjustments to reconcile net income to net cash used in operating activities:
Amortization and accretion, net	(373,988)	(476,185)	(533,255)
Provision for loan losses	31,964	18,896	13,828
Income from resolution of covered assets, net	(78,862)	(51,016)	(18,776)
Net (gain) loss on indemnification asset	50,638	6,030	(79,812)
Loss on sale of loans, net	15,469	28,657	69,714
Increase in cash surrender value of bank owned life insurance	(2,472)	(3,532)	(3,891)
Gain on investment securities available for sale, net	(8,629)	(17,039)	(1,136)
Loss on extinguishment of debt		14,175
Gain on sale of OREO	(9,568)	(4,164)	23,576
Equity based compensation	13,429	23,204	144,769
Depreciation and amortization	23,184	15,056	7,987
Impairment of other real estate owned	1,939	9,926	24,569
Deferred income taxes	8,237	(72,228)	(15,109)
Proceeds from sale of loans held for sale	36,752	42,920	34,895
Loans originated for sale, net of repayments	(34,091)	(39,735)	(35,536)
Realized tax benefits from dividend equivalents and equity based compensation	(2,795)	(1,612)	(606)
Gain on acquisition		(5,288)
Other:
(Increase) decrease in other assets	(4,324)	3,100	15,101
Increase (decrease) in other liabilities	57,074	(54,031)	41,926
Net cash used in operating activities	(67,107)	(351,606)	(248,588)
Cash flows from investing activities:
Net cash paid in business combination		(1,626)
Purchase of investment securities available for sale	(1,095,477)	(1,300,485)	(2,074,483)
Proceeds from repayments of investment securities available for sale	680,780	659,044	541,016
Proceeds from sale of investment securities available for sale	874,876	835,745	217,069
Maturities and calls of investment securities available for sale	5,751	78,623	61,565
Purchase of non-marketable equity securities	(40,137)	(45,389)
Proceeds from redemption of non-marketable equity securities	21,131	61,670	70,353
Purchases of loans	(1,141,808)	(709,388)	(384,171)
Loan originations, repayments and resolutions, net	(2,067,791)	(204,530)	170,147
Proceeds from sale of loans, net	116,611	103,796	75,782
Decrease in FDIC indemnification asset for claims filed	164,872	600,857	753,963
Purchase of bank owned life insurance			(50,000)
Bank owned life insurance proceeds	2,782	540	77,721
Purchase of premises and equipment, net	(22,079)	(31,958)	(42,595)
Acquisition of equipment under operating lease	(162,009)	(39,154)
Proceeds from sale of other real estate owned	111,165	193,255	347,756
Other investing activities	(55,651)
Net cash provided by (used in) investing activities	(2,606,984)	201,000	(235,877)
Cash flows from financing activities:
Net increase in deposits	1,994,404	738,332	207,972
Additions to Federal Home Loan Bank advances and other borrowings	2,625,000	2,612,969
Repayments of Federal Home Loan Bank advances and other borrowings	(2,137,882)	(2,923,607)	(286)
Settlement of FDIC warrant liability			(25,000)
Issuance of common stock			98,620
Dividends paid	(65,225)	(89,021)	(55,803)
Realized tax benefits from dividend equivalents and equity based compensation	2,795	1,612	606
Exercise of stock options	9,905	3,597	325
Other financing activities	2,490	(1,665)	(3,001)
Net cash provided by financing activities	2,431,487	342,217	223,433
Net increase (decrease) in cash and cash equivalents	(242,604)	191,611	(261,032)
Cash and cash equivalents, beginning of period	495,353	303,742	564,774
Cash and cash equivalents, end of period	252,749	495,353	303,742
Supplemental disclosure of cash flow information:
Interest paid	93,735	143,161	164,960
Income taxes paid	97,631	257,960	80,224
Supplemental schedule of non-cash investing and financing activities:
Transfers from loans to other real estate owned	68,084	151,302	312,958
Transfer from loans held for sale to portfolio		4,023
Assets received in satisfaction of loans		4,772
Dividends declared, not paid	21,833		14,930
Reclassification of liability award to equity	507		44,964
Rescission of surrender of bank owned life insurance			20,846
Equity consideration issued in business combination		$ 39,861

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Shares Outstanding [Member]	Preferred Shares Outstanding [Member]	Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]
Balance at Dec. 31, 2010	$ 1,253,508	$ 930		$ 950,831	$ 269,781	$ 31,966
Balance (in Shares) at Dec. 31, 2010		92,971,850
Comprehensive income	49,221				63,168	(13,947)
Equity consideration issued in business combination
Proceeds from issuance of common stock net of direct costs of $3,979	$ 98,620	$ 42		98,578
Proceeds from issuance of common stock net of direct costs of $3,979 (in Shares)	4,000,000	4,000,000
Dividends	$ (56,733)				(56,733)
Reclassification of PIU liability to equity	44,964			44,964
Equity based compensation	144,769	$ 5		144,764
Equity based compensation (in Shares)		706,230
Forfeiture of unvested shares (in Shares)		(8,280)
Exercise of stock options, value	325			325
Exercise of stock options (in Shares)		31,029
Tax benefits from dividend equivalents and equity based compensation	606			606
Balance at Dec. 31, 2011	1,535,280	$ 977		1,240,068	276,216	18,019
Balance (in Shares) at Dec. 31, 2011		97,700,829
Comprehensive income	277,217				211,260	65,957
Exchange of common shares for preferred shares		$ (54)	$ 54
Exchange of common shares for preferred shares (in Shares)		(5,415,794)	5,415,794
Equity consideration issued in business combination	39,861	$ 17		39,844
Equity consideration issued in business combination (in Shares)		1,676,060
Dividends	(74,091)				(74,091)
Equity based compensation	23,204	$ 8		23,196
Equity based compensation (in Shares)		885,143
Forfeiture of unvested shares		$ (1)		1
Forfeiture of unvested shares (in Shares)		(90,629)
Exercise of stock options, value	3,597	$ 3		3,594
Exercise of stock options (in Shares)		251,120
Tax benefits from dividend equivalents and equity based compensation	1,612			1,612
Balance at Dec. 31, 2012	1,806,680	$ 950	$ 54	1,308,315	413,385	83,976
Balance (in Shares) at Dec. 31, 2012		95,006,729	5,415,794
Comprehensive income	182,440				208,936	(26,496)
Equity consideration issued in business combination
Dividends	(87,058)				(87,058)
Equity based compensation	13,936	$ 1		13,935
Equity based compensation (in Shares)		109,585
Forfeiture of unvested shares (in Shares)		(58,682)
Exercise of stock options, value	9,905	$ 5		9,900
Exercise of stock options (in Shares)		539,588
Tax benefits from dividend equivalents and equity based compensation	2,795			2,795
Conversion of preferred shares to common shares		$ 54	$ (54)
Conversion of preferred shares to common shares (in Shares)		5,415,794	(5,415,794)
Balance at Dec. 31, 2013	$ 1,928,698	$ 1,010		$ 1,334,945	$ 535,263	$ 57,480
Balance (in Shares) at Dec. 31, 2013		101,013,014

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($)
Consolidated Statements Of Stockholders' Equity - Unaudited
Direct costs related to proceeds from issuance of common stock	$ 3,979

Basis of Presentation and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Basis of Presentation and Summary of Significant Accounting Policies [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies

Note 1 Basis of Presentation and Summary of Significant Accounting Policies

BankUnited, Inc. ("BankUnited, Inc." or "BKU"), is a national bank holding company with one wholly-owned subsidiary, BankUnited, National Association ("BankUnited" or the "Bank"), collectively, the Company. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking and related services to individual and corporate customers through 99 branches located in 15 Florida counties and 6 banking centers located in the New York metropolitan area at December 31, 2013.

On February 29, 2012, BKU completed the acquisition of Herald National Bank ("Herald"), a national banking association located in the New York metropolitan area. In March 2013, Herald was merged into BankUnited.

On May 21, 2009, BankUnited acquired substantially all of the assets and assumed all of the non-brokered deposits and substantially all of the other liabilities of BankUnited, FSB from the Federal Deposit Insurance Corporation ("FDIC") in a transaction referred to as the "FSB Acquisition." Neither the Company nor the Bank had any substantive operations prior to May 21, 2009. In connection with the FSB Acquisition, BankUnited entered into two loss sharing agreements with the FDIC ("The Loss Sharing Agreements"). The Loss Sharing Agreements consist of a single family shared-loss agreement (the "Single Family Shared-Loss Agreement"), and a commercial and other loans shared-loss agreement, (the "Commercial Shared-Loss Agreement"). The Single Family Shared-Loss Agreement provides for FDIC loss sharing and the Bank's reimbursement for recoveries to the FDIC through May 21, 2019 for single family residential loans and other real estate owned ("OREO"). The Commercial Shared-Loss Agreement provides for FDIC loss sharing through May 21, 2014 and the Bank's reimbursement for recoveries to the FDIC through May 21, 2017 for all other covered assets, including commercial real estate, commercial and industrial and consumer loans, certain investment securities and commercial OREO. The assets covered under the Loss Sharing Agreements are collectively referred to as the "covered assets." Pursuant to the terms of the Loss Sharing Agreements, the covered assets are subject to a stated loss threshold whereby the FDIC will reimburse BankUnited for 80% of losses related to the covered assets up to $4.0 billion and 95% of losses in excess of this amount, beginning with the first dollar of loss incurred.

Under the terms of the Commercial Shared-Loss Agreement, if the Bank seeks to sell commercial loans in the nine months prior to May 21, 2014 and the FDIC does not consent to the sale, then the Commercial Shared-Loss Agreement will be extended for two years until May 21, 2016 with respect to the loans to be included in such sale. The Bank will have the right to sell all or any portion of such loans without FDIC consent at any time within the nine months prior to the extended termination date, and any losses incurred will be covered under the Commercial Shared-Loss Agreement.

Prior to the initial public offering ("IPO") of BKU's common stock in February 2011, BankUnited, Inc. was a wholly-owned subsidiary of BU Financial Holdings, LLC ("BUFH"). Immediately prior to the completion of the IPO, a reorganization was effected in accordance with BUFH's LLC agreement, pursuant to which all equity interests in BankUnited, Inc. were distributed to the members of BUFH and BUFH was liquidated.

The consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and prevailing practices in the banking industry.

The Company has a single reportable segment, community banking.

Accounting Estimates

In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses and disclosures of contingent assets and liabilities. Actual results could differ significantly from these estimates.

Significant estimates include the allowance for loan and lease losses, the amount and timing of expected cash flows from covered assets and the FDIC indemnification asset, the fair values of investment securities and other financial instruments and the valuation of OREO. Management has used information provided by third party valuation specialists to assist in the determination of the fair values of investment securities and OREO.

Significant estimates were also made in the determination of the fair values of assets acquired and liabilities assumed in the FSB Acquisition, including loans acquired with evidence of deterioration in credit quality since origination, the FDIC indemnification asset, investment securities, OREO and goodwill.

Principles of Consolidation

The consolidated financial statements include the accounts of BankUnited, Inc., its wholly-owned subsidiary and BankUnited Investment Services, Inc. ("BUIS"). BUIS was a Florida insurance agency providing wealth management and financial planning services. The operations of BUIS were discontinued in May 2013 and were not significant to the consolidated results of operations or financial position of the Company for any period presented. All significant intercompany balances and transactions have been eliminated in consolidation.

Fair Value Measurements

Certain of the Company's assets and liabilities are reflected in the financial statements at fair value on either a recurring or non-recurring basis. Investment securities available for sale and derivative instruments are measured at fair value on a recurring basis. Assets measured at fair value or fair value less cost to sell on a non-recurring basis may include collateral dependent impaired loans, OREO, loans held for sale, goodwill, mortgage servicing rights and assets acquired and liabilities assumed in business combinations. These non-recurring fair value measurements typically involve the application of acquisition accounting, lower-of-cost-or-market accounting or the measurement of impairment of certain assets.

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. GAAP establishes a hierarchy that prioritizes inputs used to determine fair value measurements into three levels based on the observability and transparency of the inputs:

Level 1 inputs are unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. Estimated fair values of U. S. Treasury securities, certain preferred stocks and mutual fund investments are generally based on level 1 inputs.

Level 2 inputs are observable inputs other than level 1 inputs, including quoted prices for similar assets and liabilities, quoted prices for identical assets and liabilities in less active markets and other inputs that can be corroborated by observable market data. Estimated fair values of U. S. Government agency and sponsored enterprise securities, certain private label mortgage-backed and non-mortgage asset-backed securities, collateralized loan obligations, certain preferred stocks, state and municipal obligations, certain other debt securities and most derivatives are generally based on level 2 inputs.

Level 3 inputs are unobservable inputs supported by limited or no market activity or data and inputs requiring significant management judgment or estimation. Estimated fair values of certain private label mortgage-backed securities, certain other debt securities, OREO and collateral dependent impaired loans may be based on level 3 inputs. Valuation techniques utilizing level 3 inputs include option pricing models, discounted cash flow models and similar techniques.

The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs in estimating fair value. Unobservable inputs are utilized in determining fair value measurements only to the extent that observable inputs are unavailable. The need to use unobservable inputs generally results from a lack of market liquidity and diminished observability of actual trades or assumptions that would otherwise be available to value a particular asset or liability.

Transfers between levels of the fair value hierarchy are recorded as of the end of the reporting period.

Cash and Cash Equivalents

Cash and cash equivalents include cash and due from banks, both interest bearing and non-interest bearing, amounts on deposit at the Federal Reserve Bank and federal funds sold. Cash equivalents have original maturities of three months or less.

Investment Securities Available for Sale

Debt securities that the Company may not have the intent to hold to maturity and marketable equity securities are classified as available for sale at the time of acquisition and carried at fair value with unrealized gains and losses, net of tax, excluded from earnings and reported in accumulated other comprehensive income ("AOCI"), a separate component of stockholders' equity. Securities classified as available for sale may be used as part of the Company's asset/liability management strategy and may be sold in response to liquidity needs, regulatory changes or changes in interest rates, prepayment risk or other market factors. Currently, all of the Company's investment securities are classified as available for sale. The Company does not maintain a trading or held to maturity portfolio. Purchase premiums and discounts on debt securities are amortized as adjustments to yield over the expected lives of the securities using the level yield method. Realized gains and losses from sales of securities are recorded on the trade date and are determined using the specific identification method.

The Company reviews investment securities available for sale for other-than-temporary impairment ("OTTI") on a quarterly basis or more frequently if events and circumstances indicate that a potential impairment may have occurred. An investment security is impaired if its fair value is lower than its amortized cost basis. The Company considers many factors in determining whether a decline in fair value below amortized cost represents OTTI, including, but not limited to:

•: the Company's intent to hold the security until maturity or for a period of time sufficient for a recovery in value;
•: whether it is more likely than not that the Company will be required to sell the security prior to recovery of its amortized cost basis;
•: the length of time and extent to which fair value has been less than amortized cost;
•: adverse changes in expected cash flows;
•: collateral values and performance;
•: the payment structure of the security including levels of subordination or over-collateralization;
•: changes in the economic or regulatory environment;
•: the general market condition of the geographic area or industry of the issuer;
•: the issuer's financial condition, performance and business prospects; and
•: changes in credit ratings.

The relative importance assigned to each of these factors varies depending on the facts and circumstances pertinent to the individual security being evaluated.

The Company recognizes OTTI of a debt security for which there has been a decline in fair value below amortized cost if (i) management intends to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost basis of the security. The amount by which amortized cost exceeds the fair value of a debt security that is considered to be other-than-temporarily impaired is separated into a component representing the credit loss, which is recognized in earnings, and a component related to all other factors, which is recognized in other comprehensive income. The measurement of the credit loss component is equal to the difference between the debt security's amortized cost basis and the present value of its expected future cash flows discounted at the security's effective yield. If the Company intends to sell the security, or if it is more likely than not it will be required to sell the security before recovery, an OTTI write-down is recognized in earnings equal to the entire difference between the amortized cost basis and fair value of the security.

The evaluation of OTTI of marketable equity securities focuses on whether evidence supports recovery of the unrealized loss within a timeframe consistent with temporary impairment. The entire amount by which cost basis exceeds the fair value of an equity security that is considered to be other-than-temporarily impaired is recognized in earnings.

Federal Reserve Bank Stock

The Bank, as a member of the Federal Reserve Bank ("FRB") system, is required to maintain an investment in the stock of the FRB. No market exists for this stock, and the investment can be liquidated only through redemption by the FRB, at the discretion of and subject to conditions imposed by the FRB. The stock has no readily determinable fair value and is carried at cost.

Federal Home Loan Bank Stock

The Bank, as a member of the Federal Home Loan Bank ("FHLB") system, is required to maintain an investment in the stock of the FHLB. No market exists for this stock, and the investment can be liquidated only through redemption by the FHLB, at the discretion of and subject to conditions imposed by the FHLB. The stock has no readily determinable fair value and is carried at cost. Historically, FHLB stock redemptions have been at par value, which equals the Company's carrying value. The Company monitors its investment in FHLB stock for impairment through review of recent financial results of the FHLB, including capital adequacy and liquidity position, dividend payment history, redemption history and information from credit agencies. The Company has not identified any indicators of impairment of FHLB stock.

Loans Held for Sale

Mortgage loans originated with the intent to sell in the secondary market are carried at the lower of cost or fair value, determined in the aggregate. These loans are generally sold on a non-recourse basis with servicing released. Gains and losses on the sale of loans recognized in earnings are measured based on the difference between proceeds received and the carrying amount of the loans, inclusive of deferred origination fees and costs, if any.

Loans not originated for sale in the secondary market and not otherwise acquired with the intent to sell are transferred into the held for sale classification at the lower of carrying amount or fair value when they are specifically identified as being available for sale and a formal plan exists to sell them. Acquired credit impaired loans accounted for in pools are removed from the pools at their carrying amounts when they are sold.

Loans

The Company's loan portfolio contains 1-4 single family residential first mortgages, home equity loans and lines of credit, multi-family, commercial real estate, construction and land, commercial and industrial and consumer loans and small business, equipment and municipal direct financing leases. A portion of the Company's loan portfolio consists of loans acquired from the FDIC in the FSB Acquisition, the substantial majority of which are covered under the Loss Sharing Agreements. These loans are referred to as covered loans. The Company segregates its loan portfolio between covered and non-covered loans. Non-covered loans are primarily those originated or purchased since the FSB Acquisition ("new loans"). Loans acquired in the FSB Acquisition are further segregated between those acquired with evidence of deterioration in credit quality since origination (Acquired Credit Impaired or "ACI" loans) and those acquired without evidence of deterioration in credit quality since origination ("non-ACI" loans).

New Loans

New loans are those originated or purchased by the Company since the FSB Acquisition. New loans are carried at the unpaid principal balance ("UPB"), net of premiums, discounts, unearned income, deferred loan origination fees and costs, and the allowance for loan and lease losses.

Interest income on new loans is accrued based on the principal amount outstanding. Non-refundable loan origination fees, net of direct costs of originating or acquiring loans, as well as purchase premiums and discounts, are deferred and recognized as adjustments to yield over the contractual lives of the related loans using the level yield method.

Direct Financing Leases

Direct financing leases are carried at the aggregate of lease payments receivable and estimated residual value of the leased property, if applicable, less unearned income. Interest income on direct financing leases is recognized over the term of the leases to achieve a constant periodic rate of return on the outstanding investment. Initial direct costs are deferred and amortized over the lease term as a reduction to interest income using the effective interest method.

ACI Loans

ACI loans are those for which, at acquisition, management determined it probable that the Company would be unable to collect all contractual principal and interest payments due. These loans were recorded at estimated fair value at the time of the FSB Acquisition, measured as the present value of all cash flows expected to be received, discounted at an appropriately risk-weighted discount rate. Initial cash flow expectations incorporated significant assumptions regarding prepayment rates, frequency of default and loss severity.

The difference between total contractually required payments on ACI loans and the cash flows expected to be received represents non-accretable difference. The excess of all cash flows expected to be received over the Company's recorded investment in the loans represents accretable yield and is recognized as interest income on a level-yield basis over the expected life of the loans.

The Company aggregated ACI 1-4 single family residential mortgage loans and home equity loans and lines of credit with similar risk characteristics into homogenous pools at acquisition. A composite interest rate and composite expectations of future cash flows are used in accounting for each pool. These loans were aggregated into pools based on the following characteristics:

•: delinquency status;
•: product type, in particular, amortizing as opposed to option adjustable rate mortgages ("ARMs");
•: loan-to-value ratio; and
•: borrower FICO score.

Loans that do not have similar risk characteristics, primarily commercial and commercial real estate loans, are accounted for on an individual loan basis using interest rates and expectations of cash flows for each loan.

The Company is required to develop reasonable expectations about the timing and amount of cash flows to be collected related to ACI loans and to continue to update those estimates over the lives of the loans. Expected cash flows from ACI loans are updated quarterly. If it is probable that the Company will be unable to collect all the cash flows expected from a loan or pool at acquisition plus additional cash flows expected to be collected arising from changes in estimates after acquisition, the loan or pool is considered impaired and a valuation allowance is established by a charge to the provision for loan losses. If there is a significant increase in expected cash flows from a loan or pool, the Company first reduces any valuation allowance previously established by the amount of the increase in the present value of expected cash flows, and then recalculates the amount of accretable yield for that loan or pool. The adjustment of accretable yield due to an increase in expected cash flows, as well as changes in expected cash flows due to changes in interest rate indices and changes in prepayment assumptions is accounted for prospectively as a change in yield. Additional cash flows expected to be collected are transferred from non-accretable difference to accretable yield and the amount of periodic accretion is adjusted accordingly over the remaining life of the loan or pool.

The Company may resolve an ACI loan either through a sale of the loan, by working with the customer and obtaining partial or full repayment, by short sale of the collateral, or by foreclosure. When a loan accounted for in a pool is resolved, it is removed from the pool at its carrying amount. In the event of a sale of the loan, the Company recognizes a gain or loss on sale based on the difference between the sales proceeds and the carrying amount of the loan. For loans resolved through pre-payment or short sale of the collateral, the Company recognizes the difference between the amount of the payment received and the carrying amount of the loan in the income statement line item "Income from resolution of covered assets, net". For loans resolved through foreclosure, the difference between the fair value of the collateral obtained through foreclosure less estimated cost to sell and the carrying amount of the loan is recognized in the income statement line item "Income from resolution of covered assets, net". Any remaining accretable discount related to loans not accounted for in pools that are resolved by full or partial pre-payment, short sale or foreclosure is recognized in interest income at the time of resolution, to the extent collected. Accretable discount represents the cumulative undiscounted difference between the contractual interest on the loan and the interest recognized based on the accretion rate.

Payments received earlier than expected or in excess of expected cash flows from sales or other resolutions may result in the carrying value of a pool being reduced to zero even though outstanding contractual balances and expected cash flows remain related to loans in the pool. Once the carrying value of a pool is reduced to zero, any future proceeds, which may include cash or real estate acquired in foreclosure, from the remaining loans, representing further realization of accretable yield, are recognized as interest income upon receipt. As of December 31, 2013, the portfolio included one pool whose carrying value had been reduced to zero.

Non-ACI Loans

Loans acquired without evidence of deterioration in credit quality since origination were initially recorded at estimated fair value on the acquisition date. Non-ACI 1-4 single family residential mortgage loans and home equity loans and lines of credit with similar risk characteristics were aggregated into pools for accounting purposes at acquisition. Loans that do not have similar risk characteristics, primarily commercial and commercial real estate loans, are accounted for on an individual loan basis. These loans are carried at the principal amount outstanding, adjusted for unamortized acquisition date fair value adjustments and the allowance for loan losses. Interest income is accrued based on the UPB and acquisition date fair value adjustments are amortized using the level-yield method over the expected lives of the related loans. For non-ACI 1-4 family residential mortgage loans accounted for in pools, prepayment estimates are used in determining the periodic amortization of acquisition date fair value adjustments using the effective yield method. Acquisition date fair value adjustments related to revolving home equity loans and lines of credit are recognized on a straight-line basis.

Non-accrual Loans

New and non-ACI commercial loans are placed on non-accrual status when (i) management has determined that full repayment of all contractual principal and interest is in doubt, or (ii) the loan is past due 90 days or more as to principal or interest unless the loan is well secured and in the process of collection. New and non-ACI residential and consumer loans are generally placed on non-accrual status when 90 days of interest is due and unpaid. When a loan is placed on non-accrual status, uncollected interest accrued is reversed and charged to interest income. Commercial loans are returned to accrual status only after all past due principal and interest has been collected and full repayment of remaining contractual principal and interest is reasonably assured. Residential and consumer loans are returned to accrual status when there is no longer 90 days of interest due and unpaid. When a residential or consumer loan is returned to accrual status, interest accrued at the date the loan was placed on non-accrual status along with interest foregone during the non-accrual period are recognized as interest income. Past due status of loans is determined based on the contractual next payment due date. Loans less than 30 days past due are reported as current.

Contractually delinquent ACI loans are not classified as non-accrual as long as discount continues to be accreted on the loans or pools.

Impaired Loans

An ACI pool or loan is considered to be impaired when it is probable that the Company will be unable to collect all the cash flows expected at acquisition, plus additional cash flows expected to be collected arising from changes in estimates after acquisition. 1-4 single family residential and home equity ACI loans accounted for in pools are evaluated collectively for impairment on a pool by pool basis based on expected pool cash flows. Commercial ACI loans are individually evaluated for impairment based on expected cash flows from the individual loans. Discount continues to be accreted on ACI loans or pools as long as there are expected future cash flows in excess of the current carrying amount of the loans or pools.

New and non-ACI loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due, according to the contractual terms of the loan agreements. Commercial relationships with committed balances greater than or equal to $750,000 that have internal risk ratings of substandard or doubtful and are on non-accrual status are individually evaluated for impairment. The likelihood of loss related to loans assigned internal risk ratings of substandard or doubtful is considered elevated due to their identified credit weaknesses. Loans with well-defined credit weaknesses that may result in a loss if the identified deficiencies are not corrected are assigned an internal risk rating of substandard. Loans in this category may exhibit payment defaults, insufficient cash flows, operating losses, increasing balance sheet leverage, project cost overruns, unreasonable construction delays, exhausted interest reserves or declining collateral values. A loan with a weakness so severe that collection in full is highly questionable or improbable, but because of certain reasonably specific pending factors charge-off is not yet appropriate, will be assigned an internal risk rating of doubtful. Factors considered by management in evaluating impairment include payment status, financial condition of the borrower, collateral value, and other factors impacting the probability of collecting scheduled principal and interest payments when due.

Troubled Debt Restructurings

In certain situations due to economic or legal reasons related to a borrower's financial difficulties, the Company may grant a concession to the borrower for other than an insignificant period of time that it would not otherwise consider. At that time, except for ACI loans accounted for in pools, the related loan is classified as a troubled-debt restructuring ("TDR") and considered impaired. The concessions granted may include rate reductions, principal forgiveness, payment forbearance, extensions of maturity at rates of interest below that commensurate with the risk profile of the loans, modification of payment terms and other actions intended to minimize economic loss. A troubled-debt restructured loan is generally placed on non-accrual status at the time of the modification unless the borrower has no history of missed payments for six months prior to the restructuring. If the borrower performs pursuant to the modified loan terms for at least six months and the remaining loan balance is considered collectible, the loan is returned to accrual status. Modified ACI loans accounted for in pools are not accounted for as TDRs, are not separated from the pools and are not classified as impaired loans.

Allowance for Loan and Lease Losses

The allowance for loan and lease losses ("ALLL") represents the amount considered adequate by management to absorb probable losses inherent in the loan portfolio at the balance sheet date. The ALLL relates to (i) new loans, (ii) estimated additional losses arising on non-ACI loans subsequent to the FSB Acquisition and (iii) additional impairment recognized as a result of decreases in expected cash flows on ACI loans due to further credit deterioration since acquisition. The ALLL consists of both specific and general components. The ALLL is established as losses are estimated to have occurred through a provision charged to earnings. Individual loans are charged off against the ALLL when management determines them to be uncollectible.

An assessment of collateral value is made at no later than 120 days delinquency for new open- and closed-end loans secured by residential real estate and any outstanding loan balance in excess of fair value less cost to sell is charged off at no later than 180 days delinquency. Additionally, any outstanding balance in excess of fair value of collateral less cost to sell is charged off (i) within 60 days of receipt of notification of filing from the bankruptcy court, (ii) within 60 days of determination of loss if all borrowers are deceased or (iii) within 90 days of discovery of fraudulent activity. Non-ACI loans secured by residential real estate are generally charged off at final resolution which is consistent with the terms of the Single Family Shared Loss Agreement. Consumer loans are typically charged off at 120 days delinquency. Commercial loans are charged off when management deems them to be uncollectible. Subsequent recoveries are credited to the ALLL.

New and Non-ACI Loans

The new residential and home equity portfolio segments have not yet developed an observable loss trend. Due to several factors, there is a lack of similarity between the risk characteristics of new loans and covered loans in the residential and home equity portfolios. Those factors include elimination of wholesale origination channels, elimination of Alt-A and no document loans, enhancements to real estate appraisal policies, elimination of option ARMs and tightening of underwriting policies. Therefore, management does not believe it is appropriate to use the historical performance of the covered loans as a basis for calculating the ALLL applicable to the new loans. The ALLL for new 1-4 single family residential loans is based on one year loss rates on prime residential mortgage securitizations issued between 2003 and 2008. Loans included in these securitizations have credit characteristics, such as loan-to-value ("LTV") and FICO scores, considered by management to be comparable to characteristics of loans in the new 1-4 single family residential portfolio. The ALLL for new home equity loans is based on peer group average historical loss rates as described further below.

Calculated loss frequency and severity percentages are applied to the dollar value of non-ACI 1-4 single family residential mortgages and home equity loans and lines of credit to calculate the ALLL. Based on an analysis of historical portfolio performance, OREO and short sale data and other internal and external factors, management has concluded that historical performance by portfolio class is the best indicator of incurred loss for the non-ACI 1-4 single family residential and home equity portfolio classes. For each of these portfolio classes, a quarterly roll rate matrix is used to measure the rate at which loans move from one delinquency bucket to the next during a given quarter. An average four quarter roll rate matrix is used to estimate the amount within each delinquency bucket expected to roll to 120+ days delinquent. Loss severity given default is estimated based on internal data about short sales and OREO sales for the most recent twelve months. The ALLL calculation incorporates a 100% loss severity assumption for home equity loans and lines of credit projected to roll to 120 days delinquency.

The credit quality of loans in the residential portfolio segment may be impacted by fluctuations in home values, unemployment, general economic conditions, borrowers' financial circumstances and fluctuations in interest rates.

The new and non-ACI commercial loan portfolios have limited delinquency history and have not exhibited an observable loss trend. The credit quality of loans in this portfolio segment is impacted by general economic conditions and other factors that may influence debt service coverage generated by the borrowers' businesses as well as fluctuations in the value of real estate and other collateral. For loans evaluated individually for impairment and determined to be impaired, a specific allowance is established based on the present value of expected cash flows discounted at the loan's effective interest rate, the estimated fair value of the loan, or for collateral dependent loans, the estimated fair value of collateral less costs to sell. Loans not individually determined to be impaired are grouped based on common risk characteristics. The ALLL for these portfolio segments is based primarily on the Bank's internal credit risk rating system and peer group average historical loss rates. The ALLL for municipal lease receivables is based on historical loss experience of a portfolio of similar loans.

The peer groups used to calculate average historical loss rates consist of banks determined by management to be comparable to BankUnited based primarily on geographic location and asset size. A peer group of banks in the Southeast region of the U.S. is used for loans originated in the Florida market and a peer group of banks in the U.S. New York region is used for loans originated in the New York market. An eight quarter average of peer group historical loss rates as published by the FDIC is used.

Qualitative adjustments are made to the ALLL when, based on management's judgment and experience, there are internal or external factors impacting loss frequency and severity not taken into account by the quantitative calculations. Management has categorized potential qualitative adjustments into the following categories:

•: Portfolio performance trends, including levels of delinquencies and non-performing loans;
•: Portfolio growth rates;
•: Exceptions to policy and credit guidelines;
•: Changes in credit administration management and staff;
•: Economic factors, including changes in and levels of real estate price indices, unemployment rates and GDP; and
•: Credit concentrations.

ACI Loans

A specific valuation allowance related to an ACI loan or pool is established when quarterly evaluations of expected cash flows indicate it is probable that the Company will be unable to collect all of the cash flows expected at acquisition plus any additional cash flows expected to be collected arising from changes in estimate after acquisition. The amount of any necessary valuation allowance is measured by comparing the carrying value of the loan or pool to the updated net present value of expected cash flows for the loan or pool. In calculating the present value of expected cash flows for this purpose, changes in cash flows related to credit related factors are isolated from those related to changes in interest rate indices or prepayment assumptions. Alternatively, an improvement in the expected cash flows related to ACI loans results in a reduction of any previously established specific allowance with a corresponding credit to the provision for loan losses. A charge-off is taken for an individual ACI commercial loan when it is deemed probable that the loan will be resolved for an amount less than its carrying value.

Expected cash flows are estimated on a pool basis for ACI 1-4 single family residential and home equity loans. The analysis of expected pool cash flows incorporates updated pool level expected prepayment rate, default rate, delinquency level and loss severity given default assumptions. Prepayment, delinquency and default curves are derived primarily from roll rates generated from the historical performance of the portfolio over the immediately preceding four quarters. Loss severity given default is also generated from the historical performance of the portfolio over the immediately preceding four quarters. Estimates of default probability also incorporate updated LTV ratios, at the loan level, based on Case-Shiller Home Price Indices for the relevant Metropolitan Statistical Area ("MSA"). Costs and fees represent an additional component of loss on default and are projected using the "Making Home Affordable" cost factors provided by the Federal government.

The primary assumptions underlying estimates of expected cash flows for commercial ACI loans are default probability and severity of loss given default. Generally, for commercial relationships with risk ratings of substandard or doubtful and committed balances greater than or equal to $750,000, updated cash flow assumptions are based primarily on net realizable value analyses prepared at the individual loan level. These analyses incorporate information about loan performance, collateral values, the financial condition of the borrower and other available information that may impact sources of repayment. Updated assumptions for smaller balance commercial loans are based on a combination of internal risk ratings, the Company's own historical delinquency and default severity data and industry level delinquency data. Cash flow estimates for consumer loans are based primarily on regularly updated historical performance information.

FDIC Indemnification Asset

The FDIC indemnification asset was initially recorded at the time of the FSB Acquisition at fair value, measured as the present value of the estimated cash payments expected from the FDIC for probable losses on covered assets. Covered assets consist of loans, OREO and certain investment securities acquired from the FDIC. The FDIC indemnification asset is measured separately from the related covered assets. It is not contractually embedded in the covered assets and it is not transferrable with the covered assets should the Company choose to dispose of them. The discount rate used to estimate the initial fair value of the FDIC indemnification asset was determined using a risk-free yield curve adjusted for a premium reflecting the uncertainty related to the collection, amount and timing of the cash flows as well as illiquidity of the asset.

The discount resulting from recording the FDIC indemnification asset at present value is accreted to non-interest income using the effective interest method over the period during which cash flows from the FDIC are expected to be collected, which is limited to the lesser of the contractual term of the indemnification agreement and the remaining life of the indemnified assets. Impairment of expected cash flows from covered assets results in an increase in cash flows expected to be collected from the FDIC. These increased expected cash flows from the FDIC are recognized as increases in the FDIC indemnification asset and as non-interest income in the same period that the impairment of the covered assets is recognized in earnings. Increases in expected cash flows from covered assets result in decreases in cash flows expected to be collected from the FDIC. These decreases in expected cash flows from the FDIC are recognized immediately in earnings to the extent that they relate to a reversal of a previously recorded valuation allowance related to the covered assets. Any remaining decreases in cash flows expected to be collected from the FDIC are recognized prospectively through an adjustment of the rate of accretion or amortization on the FDIC indemnification asset, consistent with the approach taken to recognize increases in expected cash flows on the covered assets. Amortization of the FDIC indemnification asset results from circumstances in which, due to improvement in expected cash flows from the covered assets, expected cash flows from the FDIC are less than the carrying value of the FDIC indemnification asset.

Gains and losses from resolution of ACI loans are included in the income statement line item "Income from resolution of covered assets, net." These gains and losses represent the difference between the expected losses from ACI loans and consideration actually received in satisfaction of such loans that were resolved either by payment in full, foreclosure, short sale or, for the non-residential portfolio, charge-offs. The Company may also realize gains or losses on the sale of covered loans, the sale or impairment of covered investment securities or the sale or impairment of covered OREO. When the Company recognizes gains or losses related to the resolution, sale or impairment of covered assets in earnings, corresponding changes in the estimated amount recoverable from the FDIC under the Loss Sharing Agreements are reflected in the consolidated financial statements as increases or decreases in the FDIC indemnification asset and in the consolidated statement of income line item "Net gain (loss) on indemnification asset."

The ultimate realization of the FDIC indemnification asset is dependent upon the performance of the underlying covered assets and payment of claims by the FDIC.

Bank Owned Life Insurance

Bank owned life insurance is carried at the amount that could be realized under the contract at the balance sheet date, which is typically cash surrender value. Changes in cash surrender value are recorded in non-interest income.

Other Real Estate Owned

OREO consists of real estate assets acquired through, or in lieu of, loan foreclosure. These assets are held for sale and are initially recorded at estimated fair value less costs to sell, establishing a new cost basis. Subsequent to foreclosure, periodic valuations are performed and the assets are carried at the lower of the carrying amount at the date of foreclosure or estimated fair value less cost to sell. Significant property improvements that enhance the salability of the property are capitalized to the extent that the resulting carrying value does not exceed fair value less cost to sell. Legal fees, maintenance, taxes, insurance and other direct costs of holding and maintaining foreclosed properties are expensed as incurred.

Goodwill and Other Intangible Assets

Goodwill of $67 million at December 31, 2013 and 2012 represents the excess of consideration transferred in business combinations over the fair value of net tangible and identifiable intangible assets acquired. Goodwill is not amortized, but is tested for impairment annually or more frequently if events or circumstances indicate that impairment may have occurred. The Company performs its annual goodwill impairment test in the third fiscal quarter. The Company has a single reporting unit. The impairment test compares the estimated fair value of the reporting unit to its carrying amount. If the fair value of the reporting unit exceeds its carrying amount, no impairment is indicated. If the fair value of the reporting unit is less than its carrying amount, impairment of goodwill is measured as the excess of the carrying amount of goodwill over its implied fair value. The estimated fair value of the reporting unit is based on the market capitalization of the Company's common stock. The estimated fair value of the reporting unit at each impairment testing date substantially exceeded its carrying amount; therefore, no impairment of goodwill was indicated.

Intangible assets with determinable lives include core deposit intangible assets and other customer relationship intangible assets. These assets are amortized over their estimated useful lives using the straight-line method, or for certain core deposit intangible assets using an accelerated method based on an exponential attrition curve. Intangible assets with determinable lives are evaluated for impairment when events or changes in circumstances indicate the carrying amount of the assets may not be recoverable.

Equipment Under Operating Lease

Equipment under operating lease is carried at cost less accumulated depreciation and is depreciated to estimated residual value using the straight-line method over the lease term. Estimated residual values are re-evaluated at least annually. This evaluation is based primarily on current residual value appraisals. Rental revenue is recognized on a straight-line basis over the contractual term of the lease and is included in other non-interest income in the accompanying consolidated statements of income.

Premises and Equipment

Premises and equipment are carried at cost less accumulated depreciation and amortization and are included in other assets in the accompanying consolidated balance sheets. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. The lives of improvements to existing buildings are based on the lesser of the estimated remaining lives of the buildings or the estimated useful lives of the improvements. Leasehold improvements are amortized over the shorter of the expected terms of the leases at inception, considering options to extend that are reasonably assured, or their useful lives. Direct costs of materials and services associated with developing or obtaining and implementing internal use computer software incurred during the application and development stage are capitalized and amortized over the estimated useful lives of the software. The estimated useful lives of premises and equipment are as follows:

•: branch buildings and improvements—30 years;
•: leasehold improvements—5 to 20 years;
•: furniture, fixtures and equipment—5 to 7 years;
•: computer equipment—3 to 5 years; and
•: software and software licensing rights—3 to 5 years.

Mortgage Servicing Rights

The Company may acquire mortgage servicing rights ("MSRs") through purchases or retention of servicing in connection with sales of originated loans in the secondary market. All newly acquired MSRs are initially measured at fair value. MSRs are subsequently measured using the amortization method. MSRs are amortized in proportion to and over the period of estimated net servicing revenue. Amortization is adjusted prospectively in response to changes in estimated future cash flows.

MSRs are periodically evaluated for impairment based on a comparison of the amortized balance to fair value. For purposes of impairment evaluation and measurement, MSRs are stratified based on predominant risk characteristics such as product type, interest rate and term. If, by individual stratum, the carrying amount of MSRs exceeds fair value, a valuation allowance is established. The valuation allowance is subsequently adjusted to reflect changes in the measurement of impairment.

MSRs are included in other assets in the accompanying consolidated balance sheets. Servicing fee income is recorded net of amortization of MSRs in other non-interest income. Neither the MSR asset nor related income have had a material impact on the Company's financial statements to date.

Income Taxes

The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities using enacted tax rates in effect for periods in which the differences are expected to reverse. The effect of changes in tax rates on deferred tax assets and liabilities are recognized in income in the period that includes the enactment date. A valuation allowance is established for deferred tax assets when management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. In making such determinations, the Company considers all available positive and negative evidence that may impact the realization of deferred tax assets. These considerations include the amount of taxable income generated in statutory carryback periods, future reversals of existing taxable temporary differences, projected future taxable income and available tax planning strategies.

The Company recognizes tax benefits from uncertain tax positions when it is more likely than not that the related tax positions will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the tax positions. An uncertain tax position is a position taken in a previously filed tax return or a position expected to be taken in a future tax return that is not based on clear and unambiguous tax law. The Company measures tax benefits related to uncertain tax positions based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. If the initial assessment fails to result in recognition of a tax benefit, the Company subsequently recognizes a tax benefit if (i) there are changes in tax law or case law that raise the likelihood of prevailing on the technical merits of the position to more-likely-than-not, (ii) the statute of limitations expires, or (iii) there is a completion of an examination resulting in a settlement of that tax year or position with the appropriate agency. The Company recognizes interest and penalties related to uncertain tax positions in the provision for income taxes.

Equity Based Compensation

The Company periodically grants nonqualified stock options or unvested or restricted shares of common stock to key employees. Compensation cost is measured based on the estimated fair value of the awards at the grant date and is recognized in earnings on a straight-line basis over the requisite service period. Compensation cost related to awards that embody performance conditions is recognized if it is probable that the performance condition will be achieved.

The fair value of unvested shares is based on the closing market price of the Company's common stock at the date of grant. The value of shares granted with post-vesting restrictions as to transferability is reduced by a discount for lack of marketability. The fair value of stock options is estimated at the date of grant using a Black-Scholes option pricing model. This model requires assumptions as to expected volatility, expected term, dividend yield, and risk free interest rates. Since the Company's common stock has limited trading history, the measurement of expected volatility incorporates the volatility of the common stock of peer companies. The expected term represents the period of time that options are expected to be outstanding from the grant date and is based on the contractual term of the options and employees' anticipated exercise behavior. The risk free interest rate is based on the U.S. Treasury constant maturity rate corresponding to the expected term of the options at the date of grant. The expected dividend yield is determined based on historical dividend rates and dividends expected to be declared in the foreseeable future.

Prior to the IPO, BUFH had a class of authorized non-voting membership interests identified as Profits Interest Units ("PIUs"). PIUs were issued by BUFH to management members of the Company who owned common units of BUFH. The PIUs entitled their holders to share in distributions from BUFH after investors in BUFH received certain defined returns on their investment. PIUs consisted of both time-based awards, which vested based on fulfillment of a service condition and IRR-based awards. Based on their settlement provisions, the PIUs were classified as liabilities and adjusted to estimated fair value at each financial statement date. Fair value was estimated using a Black-Scholes option pricing model. Compensation expense related to PIUs was based on the fair value of the underlying units. Compensation expense related to time-based PIUs was recognized over the requisite service period on a straight-line basis. Compensation expense related to IRR-based PIUs was recognized upon vesting, which occurred on completion of the IPO. In conjunction with the IPO, all of the outstanding PIUs were exchanged for a combination of non-qualified stock options and common shares in the Company.

Derivative Financial Instruments and Hedging Activities

Interest rate swap agreements

Interest rate swaps are contracts in which a series of interest cash flows are exchanged over a prescribed period. Interest rate swaps are recorded as assets or liabilities in the consolidated balance sheets at fair value. Interest rate swaps that are used as a risk management tool to hedge the Company's exposure to changes in interest rates have been designated as cash flow hedging instruments. The effective portion of the gain or loss on interest rate swaps designated and qualifying as cash flow hedging instruments is initially reported as a component of other comprehensive income and subsequently reclassified into earnings in the same period in which the hedged transaction affects earnings. The ineffective portion of the gain or loss on the derivative instruments, if any, is recognized currently in earnings. Hedge effectiveness is assessed using the hypothetical derivative method. Assessments of hedge effectiveness and measurements of hedge ineffectiveness are performed quarterly.

The Company discontinues hedge accounting prospectively when it is determined that the derivative is no longer effective in offsetting changes in the cash flows of the hedged item, the derivative expires or is sold, terminated, or exercised, management determines that the designation of the derivative as a hedging instrument is no longer appropriate or the occurrence of the forecasted transaction is no longer probable. When hedge accounting is discontinued, any subsequent changes in fair value of the derivative are recognized in earnings. The cumulative unrealized gain or loss related to a discontinued cash flow hedge continues to be reported in AOCI unless it is probable that the forecasted transaction will not occur by the end of the originally specified time period, in which case the cumulative unrealized gain or loss reported in AOCI is reclassified into earnings immediately.

Cash flows resulting from derivative financial instruments that are accounted for as hedges are classified in the cash flow statement in the same category as the cash flows from the hedged items.

Changes in the fair value of interest rate swaps not designated as, or not qualifying as, hedging instruments are recognized currently in earnings.

Derivative loan commitments

Interest rate lock commitments to originate mortgage loans to be held for sale upon funding are derivative instruments and are recognized in the consolidated balance sheets at fair value with changes in fair value reflected in earnings.

Forward loan sale commitments

Mandatory delivery forward loan sale commitments and best efforts forward loan sale commitments for which the loan to the underlying borrower has closed are derivative instruments and are reflected in the consolidated balance sheets at fair value with changes in fair value reflected in earnings.

Transfers of Financial Assets

Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. A gain or loss is recognized in earnings upon completion of the sale based on the difference between the sales proceeds and the carrying value of the assets. Control over the transferred assets is deemed to have been surrendered when: (i) the assets have been legally isolated from the Company, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (iii) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.

Advertising Costs

Advertising costs are expensed as incurred.

Earnings per Common Share

Basic earnings per common share is calculated by dividing income allocated to common stockholders for basic earnings per common share by the weighted average number of common shares outstanding for the period, reduced by average unvested stock awards. Unvested stock awards and stock option awards with non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, and participating preferred stock are considered participating securities and are included in the computation of basic earnings per common share using the two class method whereby net income is allocated between common stock and participating securities. In periods of a net loss, no allocation is made to participating securities as they are not contractually required to fund net losses. Diluted earnings per common share is computed by dividing income allocated to common stockholders for basic earnings per common share, adjusted for earnings reallocated from participating securities, by the weighted average number of common shares outstanding for the period increased for the dilutive effect of unexercised stock options, warrants and unvested stock awards using the treasury stock method and by the dilutive effect of convertible preferred stock using the if-converted method. Contingently issuable shares are included in the calculation of earnings per common share as if the end of the respective period was the end of the contingency period.

Reclassifications

Certain amounts presented for prior periods have been reclassified to conform to the current period presentation.

Recent Accounting Pronouncements

In December 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2011-11, Disclosures about Offsetting Assets and Liabilities. This update requires entities to disclose both gross information and net information about instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. The scope of this update includes derivatives, sale and repurchase agreements, reverse sale and repurchase agreements and securities borrowing and lending arrangements. Accounting Standards Update 2013-01 clarifies certain of the provisions of Accounting Standards Update 2011-11. Adoption of this update in 2013 resulted in revised disclosures in the Company's financial statements, but did not have an impact on the Company's consolidated financial position, results of operations or cash flows.

In October 2012, the FASB issued Accounting Standards Update No. 2012-06, Subsequent Accounting for an Indemnification Asset Recognized at the Acquisition Date as a Result of a Government-Assisted Acquisition of a Financial Institution. The amendments in this update clarify the applicable guidance for subsequently measuring an indemnification asset recognized as a result of a government-assisted acquisition of a financial institution. The update provides that changes in cash flows expected to be collected on the indemnification asset arising subsequent to initial recognition as a result of changes in cash flows expected to be collected on the related indemnified assets should be accounted for on the same basis as the change in the assets subject to indemnification. Any amortization of changes in value should be limited to the contractual term of the indemnification agreement. The requirements of the update are consistent with the Company's existing accounting policy; therefore, adoption of this update in 2013 did not have an impact on the Company's consolidated financial position, results of operations or cash flows.

In February 2013, the FASB issued Accounting Standards Update 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires entities to provide information about the amounts reclassified out of AOCI by component. In addition, entities are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income. Adoption of this update in 2013 resulted in revised disclosures in the Company's financial statements, but did not have an impact on the Company's consolidated financial position, results of operations or cash flows.

In January 2014, the FASB issued Accounting Standards Update 2014-04, Receivables—Troubled Debt Restructurings by Creditors. The amendments in this update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy the loan through a deed in lieu of foreclosure or other similar legal agreement. In addition, entities are required to disclose the recorded investment in residential mortgage loans for which formal foreclosure proceedings are in process. The amendments in this update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014, with early adoption permitted. The Company intends to adopt this update prospectively. Management is currently evaluating the impact of adoption, but does not anticipate it will have a material impact on the Company's consolidated financial position, results of operations or cash flows.

Earnings Per Common Share

12 Months Ended

Dec. 31, 2013

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 2 Earnings Per Common Share

The computation of basic and diluted earnings per common share is presented below (in thousands except share and per share data):

	2013			2012			2011

Basic earnings per common share:
Numerator:
Net income	$	208,936		$	211,260		$	63,168
Preferred stock dividends		—			(3,899	)		—


Net income available to common stockholders		208,936			207,361			63,168
Distributed and undistributed earnings allocated to participating securities		(9,380	)		(15,081	)		(3,449	)


Income allocated to common stockholders for basic earnings per common share	$	199,556		$	192,280		$	59,719
Denominator:
Weighted average common shares outstanding		99,587,970			94,791,484			96,875,386
Less average unvested stock awards		(1,093,930	)		(1,137,210	)		(1,421,694	)


Weighted average shares for basic earnings per common share		98,494,040			93,654,274			95,453,692


Basic earnings per common share	$	2.03		$	2.05		$	0.63




Diluted earnings per common share:
Numerator:
Income allocated to common stockholders for basic earnings per common share	$	199,556		$	192,280		$	59,719
Adjustment for earnings reallocated from participating securities		1,265			20			—


Income used in calculating diluted earnings per common share	$	200,821		$	192,300		$	59,719
Denominator:
Average shares for basic earnings per common share		98,494,040			93,654,274			95,453,692
Dilutive effect of stock options and preferred shares		1,257,565			174,509			151,585


Weighted average shares for diluted earnings per common share		99,751,605			93,828,783			95,605,277


Diluted earnings per common share	$	2.01		$	2.05		$	0.62

The following potentially dilutive securities were outstanding at December 31, 2013, 2012 and 2011, but excluded from the calculation of diluted earnings per common share for the years ended December 31, 2013, 2012 and 2011 because their inclusion would have been anti-dilutive:



Unvested shares(1)	752,609	1,248,407	1,663,822
Stock options and warrants	6,386,815	6,950,735	5,073,580
Convertible preferred shares	—	5,415,794	—

(1): Includes contingently issuable performance share awards.

Acquisition Activity

12 Months Ended

Dec. 31, 2013

Acquisition Activity [Abstract]

Acquisition Activity

Note 3 Acquisition Activity

On February 29, 2012, BKU completed the acquisition of Herald for a purchase price of $65 million consisting of cash of $25 million, 1,676,060 shares of common stock valued at $39 million and stock options and warrants valued at $1 million. The acquisition of Herald was determined to be a business combination and was accounted for using the acquisition method of accounting; accordingly, the assets acquired and liabilities assumed were recorded at their estimated fair values at the acquisition date.

The estimated fair values of assets acquired and liabilities assumed totaled $508 million and $438 million, respectively, resulting in the recognition of a gain of $5.3 million on the acquisition of 100% of Herald, representing the excess of the fair value of net assets acquired over the value of consideration issued. Pursuant to the terms of the merger agreement between BKU and Herald, the determination of the final purchase price was dependent on the price of BKU's common stock for the ten trading days preceding the merger. A decline in the stock price between the execution of the agreement and consummation of the acquisition led to this gain, which is included in the consolidated statement of income line item "other non-interest income" for the year ended December 31, 2012. The results of operations of Herald have been included in the Company's consolidated financial statements from the date of acquisition and are not material.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

+ Details

Investment Securities Available for Sale

12 Months Ended

Dec. 31, 2013

Investment Securities Available for Sale [Abstract]

Investment Securities Available for Sale

Note 4 Investment Securities Available for Sale

Investment securities available for sale at December 31, 2013 and 2012 consisted of the following (in thousands):

	2013

	Covered Securities									Non-Covered Securities
			Gross Unrealized									Gross Unrealized
	Amortized Cost		Gross Unrealized					Fair Value		Amortized Cost		Gross Unrealized					Fair Value
	Amortized Cost		Gains		Losses			Fair Value		Amortized Cost		Gains		Losses			Fair Value
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	—	$	—	$	—		$	—	$	1,548,671	$	34,191	$	(8,559	)	$	1,574,303
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		—		—			—		27,132		—		(355	)		26,777
Resecuritized real estate mortgage investment conduits ("Re-Remics")		—		—		—			—		267,525		4,261		(1	)		271,785
Private label residential mortgage-backed securities and CMOs		119,434		56,539		(110	)		175,863		135,750		329		(1,824	)		134,255
Private label commercial mortgage-backed securities		—		—		—			—		814,114		7,638		(12,980	)		808,772
Non-mortgage asset-backed securities		—		—		—			—		172,329		6,676		(11	)		178,994
Mutual funds and preferred stocks		15,419		6,726		—			22,145		125,387		4,015		(1,870	)		127,532
Small Business Administration securities		—		—		—			—		295,892		13,045		—			308,937
Other debt securities		3,542		4,219		—			7,761		—		—		—			—


	$	138,395	$	67,484	$	(110	)	$	205,769	$	3,386,800	$	70,155	$	(25,600	)	$	3,431,355

	2012

	Covered Securities									Non-Covered Securities
			Gross Unrealized									Gross Unrealized
	Amortized Cost		Gross Unrealized					Fair Value		Amortized Cost		Gross Unrealized					Fair Value
	Amortized Cost		Gains		Losses			Fair Value		Amortized Cost		Gains		Losses			Fair Value
U.S. Treasury and Government agency securities	$	—	$	—	$	—		$	—	$	34,998	$	157	$	(1	)	$	35,154
U.S. Government agency and sponsored enterprise residential mortgage-backed securities		—		—		—			—		1,520,047		64,476		—			1,584,523
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		—		—			—		58,518		1,898		—			60,416
Re-Remics		—		—		—			—		575,069		10,063		(90	)		585,042
Private label residential mortgage-backed securities and CMOs		143,739		58,266		(185	)		201,820		243,029		3,437		(201	)		246,265
Private label commercial mortgage-backed securities		—		—		—			—		413,110		19,982		—			433,092
Collateralized loan obligations		—		—		—			—		252,280		908		—			253,188
Non-mortgage asset-backed securities		—		—		—			—		233,791		7,672		(117	)		241,346
Mutual funds and preferred stocks		16,382		1,439		(361	)		17,460		125,127		7,066		—			132,193
State and municipal obligations		—		—		—			—		25,127		249		(23	)		25,353
Small Business Administration securities		—		—		—			—		333,423		6,187		—			339,610
Other debt securities		3,723		3,502		—			7,225		9,164		561		—			9,725


	$	163,844	$	63,207	$	(546	)	$	226,505	$	3,823,683	$	122,656	$	(432	)	$	3,945,907

At December 31, 2013, contractual maturities of investment securities available for sale, adjusted for anticipated prepayments of mortgage-backed and other pass-through securities, were as follows (in thousands):

	Amortized Cost		Fair Value

Due in one year or less	$	450,966	$	474,236
Due after one year through five years		1,856,202		1,906,130
Due after five years through ten years		887,083		904,287
Due after ten years		190,138		202,794
Mutual funds and preferred stocks with no stated maturity		140,806		149,677


	$	3,525,195	$	3,637,124

Based on the Company's proprietary assumptions, the estimated weighted average life of the investment portfolio as of December 31, 2013 was 4.4 years. The effective duration of the investment portfolio as of December 31, 2013 was 2.1 years. The model results are based on assumptions that may differ from actual results.

The carrying value of securities pledged as collateral for FHLB advances, public deposits, interest rate swaps, securities sold under agreements to repurchase and to secure borrowing capacity at the FRB totaled $0.9 billion at December 31, 2013 and 2012.

The following table provides information about gains and losses on investment securities available for sale for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013			2012			2011

Proceeds from sale of investment securities available for sale	$	874,876		$	835,745		$	217,069




Gross realized gains	$	11,119		$	17,338		$	1,224
Gross realized losses		(1,527	)		(299	)		(88	)


Net realized gain		9,592			17,039			1,136
OTTI		(963	)		—			—


Gain on investment securities available for sale, net	$	8,629		$	17,039		$	1,136

During the year ended December 31, 2013, OTTI was recognized on an intermediate term mortgage mutual fund investment which had been in a continuous unrealized loss position for 34 months. Due primarily to the length of time the investment had been in a continuous unrealized loss position and an increasing measure of impairment, the Company determined the impairment to be other than temporary. This security is covered under the Loss Sharing Agreements; therefore, the impact of the impairment was significantly mitigated by an increase of $770 thousand in the FDIC indemnification asset, reflected in the consolidated statement of income line item "Net gain (loss) on indemnification asset."

The following tables present the aggregate fair value and the aggregate amount by which amortized cost exceeded fair value for investment securities in unrealized loss positions at December 31, 2013 and December 31, 2012, aggregated by investment category and length of time that individual securities had been in continuous unrealized loss positions (in thousands):

	2013

	Less than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	414,361	$	(8,559	)	$	—	$	—		$	414,361	$	(8,559	)
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		26,777		(355	)		—		—			26,777		(355	)
Re-Remics		11,037		(1	)		—		—			11,037		(1	)
Private label residential mortgage-backed securities and CMOs		79,048		(1,696	)		10,303		(238	)		89,351		(1,934	)
Private label commercial mortgage-backed securities		511,778		(12,980	)		—		—			511,778		(12,980	)
Non-mortgage asset-backed securities		1,516		(11	)		—		—			1,516		(11	)
Mutual funds and preferred stocks		67,513		(1,870	)		—		—			67,513		(1,870	)


	$	1,112,030	$	(25,472	)	$	10,303	$	(238	)	$	1,122,333	$	(25,710	)

	2012

	Less than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. Treasury and Government agency securities	$	5,000	$	(1	)	$	—	$	—		$	5,000	$	(1	)
Re-Remics		42,018		(16	)		8,833		(74	)		50,851		(90	)
Private label residential mortgage-backed securities and CMOs		53,537		(185	)		6,080		(201	)		59,617		(386	)
Non-mortgage asset-backed securities		—		—			10,566		(117	)		10,566		(117	)
Mutual funds and preferred stocks		—		—			15,082		(361	)		15,082		(361	)
State and municipal obligations		2,902		(23	)		—		—			2,902		(23	)


	$	103,457	$	(225	)	$	40,561	$	(753	)	$	144,018	$	(978	)

The Company monitors its investment securities available for sale for OTTI on an individual security basis. As discussed above, one security was determined to be other than temporarily impaired during the year ended December 31, 2013. No securities were determined to be other than temporarily impaired during the years ended December 31, 2012 and 2011. The Company does not intend to sell securities that are in significant unrealized loss positions and it is not more likely than not that the Company will be required to sell these securities before recovery of the amortized cost basis, which may be at maturity. At December 31, 2013, 63 securities were in unrealized loss positions. Unrealized losses on investment securities available for sale at December 31, 2013 were primarily attributable to an increase in medium and long-term market interest rates. The amount of impairment related to 11 of these securities was considered insignificant, totaling approximately $32 thousand and no further analysis with respect to these securities was considered necessary. The basis for concluding that impairment of the remaining securities is not other-than-temporary is further described below:

U.S. Government agency and sponsored enterprise residential and commercial mortgage-backed securities:

At December 31, 2013, 15 U.S. Government agency and sponsored enterprise residential and commercial mortgage-backed securities were in unrealized loss positions. Five of these securities were in unrealized loss positions for three months or less and 10 for less than 12 months. The amount of impairment of each of the individual securities was less than 4% of amortized cost. The timely payment of principal and interest on these securities is explicitly or implicitly guaranteed by the U.S. Government. Given the limited severity and duration of impairment and the expectation of timely payment of principal and interest, the impairments were considered to be temporary.

Private label residential mortgage-backed securities and CMOs:

At December 31, 2013, 12 private label residential mortgage-backed securities were in unrealized loss positions. These securities were assessed for OTTI using third-party developed credit and prepayment behavioral models and CUSIP level constant default rates, voluntary prepayment rates and loss severity and delinquency assumptions. The results of these assessments were not indicative of credit losses related to any of these securities as of December 31, 2013. Four of these securities were in unrealized loss positions for three months or less, five for less than 12 months and two for 14 months. These securities evidenced unrealized losses ranging from less than 1% to 6% of amortized cost. The remaining security had been in an unrealized loss position for 30 months and evidenced an unrealized loss of 10% of amortized cost. The market for this security is thin and the market price is adversely affected by lack of liquidity. This bond is considered an odd lot which can be detrimental to potential bids for the security. Given the generally limited duration and severity of impairment and the expectation of timely recovery of outstanding principal, the impairments were considered to be temporary.

Private label commercial mortgage-backed securities:

At December 31, 2013, 16 private label commercial mortgage-backed securities were in unrealized loss positions. Seven of these securities were in unrealized loss positions for three months or less and the remainder for less than 12 months. The amount of impairment ranged from less than 1% to 6% of amortized cost. These securities were assessed for OTTI using third-party developed models, incorporating assumptions consistent with the collateral characteristics of each security. The results of this analysis were not indicative of expected credit losses. Securities in this class generally have longer durations than the portfolio as a whole, so were more significantly impacted by the increase in rates. Given the limited severity and duration of impairment and the expectation of timely recovery of outstanding principal, the impairments were considered to be temporary.

Non-mortgage asset-backed securities:

At December 31, 2013, one non-mortgage asset-backed security was in an unrealized loss position. This security had been in an unrealized loss position for less than 12 months and the amount of impairment was less than 1% of amortized cost. This security was assessed for OTTI using a third-party developed credit and prepayment behavioral model and CUSIP level constant default rates, voluntary prepayment rates and loss severity and delinquency assumptions. The results of this analysis were not indicative of expected credit losses. Given the limited severity and duration of impairment and the expectation of timely recovery of outstanding principal, the impairment was considered to be temporary.

Mutual funds:

At December 31, 2013, three investments in one mutual fund were in unrealized loss positions. These investments had been in unrealized loss positions for less than 12 months and the amount of impairment was less than 6% of amortized cost. The majority of the underlying holdings of the mutual fund are either explicitly or implicitly guaranteed by the U.S. Government. The unrealized losses are related primarily to an increase in term interest rates since the securities were purchased. Given the limited severity and duration of impairment, the impairments were considered to be temporary.

Preferred stocks:

At December 31, 2013, five investments in two financial institution preferred stocks were in unrealized loss positions. These securities had been in unrealized loss positions for less than 12 months and the amount of impairment was less than 4% of amortized cost. Given the limited duration and severity of impairment and results of the Company's analysis of the financial condition of the issuers of the financial institution preferred stocks, the impairments were considered to be temporary.

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References + Details

Loans and Allowance for Loan and Lease Losses

12 Months Ended

Dec. 31, 2013

Loans and Allowance for Loan and Lease Losses [Abstract]

Loans and Allowance for Loan Losses

Note 5 Loans and Allowance for Loan and Lease Losses

At December 31, 2013 and 2012, loans consisted of the following (dollars in thousands):

	2013

	Covered Loans						Non-Covered Loans
	Covered Loans						Non-Covered Loans								Percent of Total
	ACI			Non-ACI			ACI		New Loans			Total			Percent of Total
Residential:
1 - 4 single family residential	$	1,057,012		$	70,378		$	—	$	1,800,332		$	2,927,722			32.4	%
Home equity loans and lines of credit		39,602			127,807			—		1,535			168,944			1.9	%


		1,096,614			198,185			—		1,801,867			3,096,666			34.3	%


Commercial:
Multi-family		33,354			—			8,093		1,097,872			1,139,319			12.6	%
Commercial real estate
Owner occupied		49,861			689			5,318		712,844			768,712			8.5	%
Non-owner occupied		93,089			52			1,449		946,543			1,041,133			11.5	%
Construction and land		10,600			729			—		138,091			149,420			1.7	%
Commercial and industrial		6,050			6,234			—		2,266,407			2,278,691			25.3	%
Lease financing		—			—			—		337,382			337,382			3.7	%


		192,954			7,704			14,860		5,499,139			5,714,657			63.3	%


Consumer		1,679			—			—		213,107			214,786			2.4	%


Total loans		1,291,247			205,889			14,860		7,514,113			9,026,109			100.0	%


Premiums, discounts and deferred fees and costs, net		—			(13,248	)		—		40,748			27,500


Loans net of premiums, discounts, deferred fees and costs		1,291,247			192,641			14,860		7,554,861			9,053,609
Allowance for loan and lease losses		(2,893	)		(9,502	)		—		(57,330	)		(69,725	)


Loans, net	$	1,288,354		$	183,139		$	14,860	$	7,497,531		$	8,983,884

	2012

	Covered Loans						Non-Covered Loans
	Covered Loans						Non-Covered Loans								Percent of Total
	ACI			Non-ACI			ACI		New Loans			Total			Percent of Total
Residential:
1 - 4 single family residential	$	1,300,109		$	93,438		$	—	$	920,713		$	2,314,260			41.5	%
Home equity loans and lines of credit		52,499			157,691			—		1,954			212,144			3.8	%


		1,352,608			251,129			—		922,667			2,526,404			45.3	%


Commercial:
Multi-family		56,148			716			—		307,183			364,047			6.5	%
Commercial real estate
Owner occupied		58,675			850			4,087		451,130			514,742			9.3	%
Non-owner occupied		115,057			60			—		343,576			458,693			8.2	%
Construction and land		18,064			829			—		72,361			91,254			1.6	%
Commercial and industrial		14,608			11,627			—		1,334,991			1,361,226			24.4	%
Lease financing		—			—			—		225,980			225,980			4.1	%


		262,552			14,082			4,087		2,735,221			3,015,942			54.1	%


Consumer		2,239			—			—		33,526			35,765			0.6	%


Total loans		1,617,399			265,211			4,087		3,691,414			5,578,111			100.0	%


Premiums, discounts and deferred fees and costs, net		—			(18,235	)		—		11,863			(6,372	)


Loans net of premiums, discounts, deferred fees and costs		1,617,399			246,976			4,087		3,703,277			5,571,739
Allowance for loan and lease losses		(8,019	)		(9,874	)		—		(41,228	)		(59,121	)


Loans, net	$	1,609,380		$	237,102		$	4,087	$	3,662,049		$	5,512,618

At December 31, 2013 and 2012, the UPB of ACI loans was $3.3 billion and $4.2 billion, respectively.

During the years ended December 31, 2013 and 2012, the Company purchased 1-4 single family residential loans totaling $1.1 billion and $709 million, respectively.

At December 31, 2013, the Company had pledged real estate loans with UPB of approximately $6.0 billion and carrying amounts of approximately $4.2 billion as security for FHLB advances.

The following table presents the components of the net investment in direct financing leases as of December 31, 2013 and 2012 (in thousands):

	2013			2012

Total minimum lease payments to be received	$	360,584		$	243,604
Unearned income		(23,202	)		(17,624	)
Initial direct costs		2,980			1,761


	$	340,362		$	227,741

As of December 31, 2013, future minimum lease payments to be received under direct financing leases were as follows (in thousands):


Years Ending December 31:
2014	$	112,133
2015		94,154
2016		62,401
2017		30,610
2018		15,609
Thereafter		45,677


	$	360,584

Loan Concentrations

The following tables present total 1-4 single family residential loans categorized between fixed rate mortgages and ARMs as of December 31, 2013 and 2012 (dollars in thousands):

	2013

	Covered Loans		New Loans		Total		Percent of Total
1 - 4 single family residential loans:
Fixed rate loans	$	421,143	$	841,987	$	1,263,130		42.9	%
ARM Loans		695,539		985,793		1,681,332		57.1	%


	$	1,116,682	$	1,827,780	$	2,944,462		100.0	%

	2012

	Covered Loans		New Loans		Total		Percent of Total
1 - 4 single family residential loans:
Fixed rate loans	$	495,321	$	446,161	$	941,482		40.7	%
ARM Loans		883,372		489,510		1,372,882		59.3	%


	$	1,378,693	$	935,671	$	2,314,364		100.0	%

At December 31, 2013 and 2012, the majority of the 1-4 single family residential loans outstanding were to customers domiciled in the following states (dollars in thousands):

	2013

	Covered Loans		New Loans		Total		Percent of Total
California	$	80,919	$	865,342	$	946,261		32.1	%
Florida		604,384		241,827		846,211		28.7	%
New York		31,406		119,147		150,553		5.1	%
Illinois		69,966		37,539		107,505		3.7	%
Others		330,007		563,925		893,932		30.4	%


	$	1,116,682	$	1,827,780	$	2,944,462		100.0	%

	2012

	Covered Loans		New Loans		Total		Percent of Total
Florida	$	775,408	$	124,945	$	900,353		38.9	%
California		95,987		438,760		534,747		23.1	%
Illinois		87,195		26,951		114,146		4.9	%
New York		37,890		47,914		85,804		3.7	%
Others		382,213		297,101		679,314		29.4	%


	$	1,378,693	$	935,671	$	2,314,364		100.0	%

No other state represented borrowers with more than 3.7% of total 1-4 single family residential loans outstanding at December 31, 2013 or 2012. The commercial loan portfolio is primarily comprised of loans to businesses located in Florida and New York. Consumer loans are comprised primarily of indirect auto loans, representing 94.4% of new consumer loans at December 31, 2013.

Covered Loan Sale

During the years ended December 31, 2013, 2012 and 2011, the Company sold covered 1-4 single family residential loans to third parties on a non-recourse basis. The following table summarizes the impact of these transactions (in thousands):

	2013			2012			2011

Unpaid principal balance of loans sold	$	230,031		$	239,135		$	268,588




Cash proceeds, net of transaction costs	$	116,611		$	103,796		$	75,782
Carrying value of loans sold		82,160			103,127			146,148


Net pre-tax impact on earnings, excluding gain on indemnification asset	$	34,451		$	669		$	(70,366	)




Loss on sale of covered loans	$	(16,195	)	$	(29,270	)	$	(70,366	)
Proceeds recorded in interest income		50,646			29,939			—


	$	34,451		$	669		$	(70,366	)




Gain on indemnification asset	$	21,021		$	30,725		$	56,053

For the years ended December 31, 2013 and 2012, loans with UPB of $102 million and $73 million, respectively, were sold from a pool of ACI loans with a zero carrying value. Proceeds of the sale of loans from this pool, representing realization of accretable yield, were recorded in interest income. The loss on the sale of loans from the remaining pools, representing the difference between the carrying amount and consideration received, was recorded in "Loss on sale of loans, net" in the accompanying consolidated statements of income. These losses were mitigated by increases in the FDIC indemnification asset, reflected in the consolidated statement of income line item "Net gain (loss) on indemnification asset." Reimbursements from the FDIC under the terms of the Loss Sharing Agreements are calculated based on UPB rather than on the carrying value of the loans; therefore the amount of gain on indemnification asset reflected in the table above also includes amounts reimbursable from the FDIC related to loans sold from the pool with a zero carrying value.

Allowance for loan and lease losses

Activity in the ALLL is summarized as follows (in thousands):

	2013

	Residential			Commercial			Consumer			Total
Beginning balance	$	19,164		$	39,543		$	414		$	59,121
Provision for (recovery of) loan losses:
ACI loans		—			(2,891	)		—			(2,891	)
Non-ACI loans		4,043			(2,890	)		—			1,153
New loans		(3,800	)		35,368			2,134			33,702


Total provision		243			29,587			2,134			31,964
Charge-offs:
ACI loans		—			(2,235	)		—			(2,235	)
Non-ACI loans		(4,134	)		(171	)		—			(4,305	)
New loans		(10	)		(17,987	)		(484	)		(18,481	)


Total charge-offs		(4,144	)		(20,393	)		(484	)		(25,021	)
Recoveries:
Non-ACI loans		90			2,690			—			2,780
New loans		—			758			123			881


Total recoveries		90			3,448			123			3,661


Ending balance	$	15,353		$	52,185		$	2,187		$	69,725

	2012

	Residential			Commercial			Consumer		Total
Beginning balance	$	10,175		$	38,176		$	51	$	48,402
Provision for (recovery of) loan losses:
ACI loans		—			(4,347	)		—		(4,347	)
Non-ACI loans		6,175			(2,331	)		—		3,844
New loans		6,060			12,979			360		19,399


Total provision		12,235			6,301			360		18,896
Charge-offs:
ACI loans		—			(3,966	)		—		(3,966	)
Non-ACI loans		(3,275	)		(316	)		—		(3,591	)
New loans		—			(2,929	)		—		(2,929	)


Total charge-offs		(3,275	)		(7,211	)		—		(10,486	)
Recoveries:
Non-ACI loans		29			1,850			—		1,879
New loans		—			427			3		430


Total recoveries		29			2,277			3		2,309


Ending balance	$	19,164		$	39,543		$	414	$	59,121

	2011

	Residential			Commercial			Consumer			Total
Beginning balance	$	28,649		$	29,656		$	55		$	58,360
Provision for (recovery of) loan losses:
ACI loans		(18,488	)		7,210			—			(11,278	)
Non-ACI loans		(1,491	)		5,077			—			3,586
New loans		3,862			17,662			(4	)		21,520


Total provision		(16,117	)		29,949			(4	)		13,828
Charge-offs:
ACI loans		—			(13,527	)		—			(13,527	)
Non-ACI loans		(2,377	)		(6,112	)		—			(8,489	)
New loans		—			(3,367	)		—			(3,367	)


Total charge-offs		(2,377	)		(23,006	)		—			(25,383	)
Recoveries:
ACI loans		—			1,212			—			1,212
Non-ACI loans		20			341			—			361
New loans		—			24			—			24


Total recoveries		20			1,577			—			1,597


Ending balance	$	10,175		$	38,176		$	51		$	48,402

The impact of provisions for (recoveries of) losses on covered loans is significantly mitigated by increases (decreases) in the FDIC indemnification asset, recorded in the consolidated statement of income line item "Net gain (loss) on indemnification asset."

The following table presents information about the balance of the ALLL and related loans as of December 31, 2013 and 2012 (in thousands):

	2013								2012

	Residential		Commercial		Consumer		Total		Residential		Commercial		Consumer		Total
Allowance for loan and lease losses:
Ending balance	$	15,353	$	52,185	$	2,187	$	69,725	$	19,164	$	39,543	$	414	$	59,121




Ending balance: non-ACI and new loans individually evaluated for impairment	$	855	$	9,467	$	—	$	10,322	$	984	$	1,533	$	—	$	2,517




Ending balance: non-ACI and new loans collectively evaluated for impairment	$	14,498	$	39,825	$	2,187	$	56,510	$	18,180	$	29,991	$	414	$	48,585




Ending balance: ACI	$	—	$	2,893	$	—	$	2,893	$	—	$	8,019	$	—	$	8,019




Ending balance: non-ACI	$	9,070	$	432	$	—	$	9,502	$	9,071	$	803	$	—	$	9,874




Ending balance: new loans	$	6,283	$	48,860	$	2,187	$	57,330	$	10,093	$	30,721	$	414	$	41,228




Loans:
Ending balance	$	3,111,167	$	5,720,722	$	221,720	$	9,053,609	$	2,523,564	$	3,012,394	$	35,781	$	5,571,739




Ending balance: non-ACI and new loans individually evaluated for impairment	$	5,663	$	22,584	$	—	$	28,247	$	4,545	$	24,690	$	—	$	29,235




Ending balance: non-ACI and new loans collectively evaluated for impairment	$	2,008,890	$	5,490,324	$	220,041	$	7,719,255	$	1,166,411	$	2,721,065	$	33,542	$	3,921,018




Ending balance: ACI loans	$	1,096,614	$	207,814	$	1,679	$	1,306,107	$	1,352,608	$	266,639	$	2,239	$	1,621,486

Credit quality information—New and non-ACI loans

Commercial relationships on non-accrual status with internal risk ratings of substandard or doubtful and with committed balances greater than or equal to $750,000 as well as loans that have been modified in troubled debt restructurings are individually evaluated for impairment. The tables below present information about new and non-ACI loans individually evaluated for impairment and identified as impaired as of December 31, 2013 and 2012 (in thousands):

	2013						2012

	Recorded Investment		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment		Unpaid Principal Balance		Related Specific Allowance
New loans:
With no specific allowance recorded:
Multi-family	$	—	$	—	$	—	$	3,649	$	3,649	$	—
Commercial real estate
Owner occupied		1,751		1,754		—		—		—		—
Non-owner occupied		1,444		1,444		—		1,564		1,564		—
Commercial and industrial		—		—		—		9,858		9,860		—
With a specific allowance recorded:
Commercial and industrial		16,048		16,055		8,696		4,377		4,381		649
Lease financing		1,345		1,345		771		1,677		1,677		884
Total:
Residential	$	—	$	—	$	—	$	—	$	—	$	—
Commercial		20,588		20,598		9,467		21,125		21,131		1,533


	$	20,588	$	20,598	$	9,467	$	21,125	$	21,131	$	1,533




Non-ACI loans:
With no specific allowance recorded:
1 - 4 single family residential	$	168	$	198	$	—	$	375	$	446	$	—
Home equity loans and lines of credit		1,703		1,734		—		176		179		—
Commercial real estate
Non-owner occupied		—		—		—		59		59		—
Commercial and industrial		1,996		1,999		—		3,506		3,508		—
With a specific allowance recorded:
1 - 4 single family residential		3,564		4,203		827		3,577		4,252		970
Home equity loans and lines of credit		228		232		28		417		425		14
Total:
Residential	$	5,663	$	6,367	$	855	$	4,545	$	5,302	$	984
Commercial		1,996		1,999		—		3,565		3,567		—


	$	7,659	$	8,366	$	855	$	8,110	$	8,869	$	984

Interest income recognized on impaired loans after impairment was not significant for any of the periods presented.

The following table presents the average recorded investment in impaired new and non-ACI loans for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013				2012				2011

	New Loans		Non-ACI Loans		New Loans		Non-ACI Loans		New Loans		Non-ACI Loans
Residential:
1 - 4 single family residential	$	—	$	3,891	$	—	$	2,757	$	—	$	577
Home equity loans and lines of credit		—		1,494		—		119		—		—


		—		5,385		—		2,876		—		577
Commercial:
Multi-family		730		—		4,614		—		—		—
Commercial real estate		2,224		—		1,291		143		—		73
Construction and land		—		—		190		1,074		266		1,074
Commercial and industrial		16,837		2,424		7,274		3,749		1,162		6,317
Lease financing		1,478		—		671		—		—		—


		21,269		2,424		14,040		4,966		1,428		7,464


	$	21,269	$	7,809	$	14,040	$	7,842	$	1,428	$	8,041

The following table presents the carrying amount of new and non-ACI loans on non-accrual status as of December 31, 2013 and 2012 (in thousands):

	2013				2012

	New Loans		Non-ACI Loans		New Loans		Non-ACI Loans
Residential:
1 - 4 single family residential	$	194	$	293	$	155	$	2,678
Home equity loans and lines of credit		—		6,559		—		9,767


		194		6,852		155		12,445
Commercial:
Commercial real estate
Owner occupied		2,785		—		55		—
Non-owner occupied		1,444		52		1,564		59
Construction and land		244		—		278		—
Commercial and industrial		16,612		2,765		11,907		4,530
Lease financing		1,370		—		1,719		—


		22,455		2,817		15,523		4,589


Consumer		75		—		—		—


	$	22,724	$	9,669	$	15,678	$	17,034

New and non-ACI loans contractually delinquent by 90 days or more and still accruing totaled $0.5 million and $0.2 million at December 31, 2013 and 2012, respectively. The amount of additional interest income that would have been recognized on non-accrual loans and TDRs had they performed in accordance with their contractual terms is not material.

The following table summarizes new and non-ACI loans that were modified in TDRs during the years ended December 31, 2013, 2012 and 2011 as well as new and non-ACI loans modified during the years ended December 31, 2013, 2012 and 2011 that experienced payment defaults during the periods indicated (dollars in thousands):

	2013								2012								2011

	Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period
	Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment
New loans:
Multi-family		—	$	—		—	$	—		1	$	3,649		—	$	—		—	$	—		—	$	—
Commercial and industrial		3		8,291		—		—		7		1,999		2		594		1		231		1		231


		3	$	8,291		—	$	—		8	$	5,648		2	$	594		1	$	231		1	$	231




Non-ACI loans:
1 - 4 single family residential		2	$	335		1	$	167		5	$	2,428		2	$	1,139		11	$	1,521		5	$	938
Home equity loans and lines of credit		4		1,338		1		196		—		—		—		—		—		—		—		—
Commercial real estate		—		—		—		—		—		—		—		—		2		295		2		295
Commercial and industrial		—		—		—		—		1		9		—		—		3		71		3		71


		6	$	1,673		2	$	363		6	$	2,437		2	$	1,139		16	$	1,887		10	$	1,304

Modifications during the years ended December 31, 2013, 2012 and 2011 included restructuring of the amount and timing of required periodic payments, modifications of interest rates, extensions of maturity and residential modifications under the U.S. Treasury Department's Home Affordable Modification Program ("HAMP"). Included in TDRs are loans to consumer borrowers who have not reaffirmed their debt discharged in Chapter 7 bankruptcy. The total amount of such loans is not material. Because of the immateriality of the amount of loans modified in TDRs and nature of the modifications, the modifications did not have a material impact on the Company's consolidated financial statements or on the determination of the amount of the ALLL for the years ended December 31, 2013, 2012 and 2011.

Management considers delinquency status to be the most meaningful indicator of the credit quality of 1-4 single family residential, home equity and consumer loans. Delinquency statistics are updated at least monthly. Original LTV ratio and original FICO score are also important indicators of credit quality for the new 1-4 single family residential portfolio, while original FICO score is an important indicator of credit quality for the indirect auto portfolio.

Internal risk ratings are considered the most meaningful indicator of credit quality for commercial loans. Internal risk ratings are a key factor in identifying loans that are individually evaluated for impairment and impact management's estimates of loss factors used in determining the amount of the ALLL. Internal risk ratings are updated on a continuous basis. Relationships with balances in excess of $1 million are re-evaluated at least annually and more frequently if circumstances indicate that a change in risk rating may be warranted. Loans exhibiting potential credit weaknesses that deserve management's close attention and that if left uncorrected may result in deterioration of the repayment capacity of the borrower are categorized as special mention. Loans with well-defined credit weaknesses, including payment defaults, declining collateral values, frequent overdrafts, operating losses, increasing balance sheet leverage, inadequate cash flow, project cost overruns, unreasonable construction delays, past due real estate taxes or exhausted interest reserves, are assigned an internal risk rating of substandard. A loan with a weakness so severe that collection in full is highly questionable or improbable will be assigned an internal risk rating of doubtful.

The following tables summarize key indicators of credit quality for the Company's new and non-ACI loans as of December 31, 2013 and 2012. Amounts are net of premiums, discounts, deferred fees and costs (in thousands):

Residential credit exposure, based on delinquency status:

	2013				2012

	1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit		1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit
New loans:
Current	$	1,824,084	$	1,535	$	927,859	$	1,811
Past due less than 90 days		3,099		—		7,619		143
Past due 90 days or more		597		—		193		—


	$	1,827,780	$	1,535	$	935,671	$	1,954




Non-ACI loans:
Current	$	56,248	$	116,036	$	71,096	$	140,975
Past due less than 90 days		3,422		2,973		5,057		4,005
Past due 90 days or more		—		6,559		2,431		9,767


	$	59,670	$	125,568	$	78,584	$	154,747

1-4 Single Family Residential credit exposure for new loans, based on original LTV and FICO score:

	2013

	FICO
LTV	720 or less		721 - 740		741 - 760		761 or greater		Total
60% or less	$	37,293	$	60,626	$	86,920	$	473,250	$	658,089
60% - 70%		25,861		45,485		77,253		308,242		456,841
70% - 80%		19,610		60,021		116,332		472,279		668,242
More than 80%		26,492		5,487		3,166		9,463		44,608


	$	109,256	$	171,619	$	283,671	$	1,263,234	$	1,827,780

	2012

	FICO
LTV	720 or less		721 - 740		741 - 760		761 or greater		Total
60% or less	$	33,141	$	29,292	$	35,761	$	217,249	$	315,443
60% - 70%		16,852		12,286		41,863		159,068		230,069
70% - 80%		28,251		27,068		54,367		256,605		366,291
More than 80%		16,822		1,505		1,200		4,341		23,868


	$	95,066	$	70,151	$	133,191	$	637,263	$	935,671

Consumer credit exposure, based on delinquency status:

	2013		2012

New loans:
Current	$	219,083	$	33,488
Past due less than 90 days		927		54
Past due 90 days or more		31		—


	$	220,041	$	33,542

Consumer indirect auto credit exposure for new loans, based on original FICO score:

	2013

FICO:
740 or greater	$	79,220
680 - 739		94,090
620 - 679		34,425


	$	207,735

The balance of indirect auto loans was insignificant at December 31, 2012.

Commercial credit exposure, based on internal risk rating:

	2013

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Lease Financing		Total
New loans:
Pass	$	1,098,383	$	704,403	$	946,208	$	137,513	$	2,236,331	$	338,992	$	5,461,830
Special mention		—		—		—		—		7,892		—		7,892
Substandard		770		7,080		1,444		244		15,906		599		26,043
Doubtful		—		51		—		—		8,918		771		9,740


	$	1,099,153	$	711,534	$	947,652	$	137,757	$	2,269,047	$	340,362	$	5,505,505




Non-ACI loans:
Pass	$	—	$	687	$	—	$	688	$	3,177	$	—	$	4,552
Substandard		—		—		52		—		2,379		—		2,431
Doubtful		—		—		—		—		420		—		420


	$	—	$	687	$	52	$	688	$	5,976	$	—	$	7,403

	2012

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Lease Financing		Total
New loans:
Pass	$	299,303	$	447,737	$	341,280	$	71,724	$	1,274,595	$	226,022	$	2,660,661
Special mention		3,110		—		—		—		18,249		—		21,359
Substandard		4,068		2,469		1,564		278		38,837		1,719		48,935
Doubtful		—		55		—		—		1,100		—		1,155


	$	306,481	$	450,261	$	342,844	$	72,002	$	1,332,781	$	227,741	$	2,732,110




Non-ACI loans:
Pass	$	703	$	851	$	—	$	775	$	6,674	$	—	$	9,003
Substandard		9		—		59		—		3,882		—		3,950
Doubtful		—		—		—		—		692		—		692


	$	712	$	851	$	59	$	775	$	11,248	$	—	$	13,645

The following table presents an aging of loans in the new and non-ACI portfolios as of December 31, 2013 and 2012. Amounts are net of premiums, discounts, deferred fees and costs (in thousands):

	2013										2012

	Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total		Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total
New loans:
1 - 4 single family residential	$	1,824,084	$	2,990	$	109	$	597	$	1,827,780	$	927,859	$	7,458	$	161	$	193	$	935,671
Home equity loans and lines of credit		1,535		—		—		—		1,535		1,811		143		—		—		1,954
Multi-family		1,099,153		—		—		—		1,099,153		306,481		—		—		—		306,481
Commercial real estate
Owner occupied		710,938		—		—		596		711,534		450,262		—		—		—		450,262
Non-owner occupied		947,652		—		—		—		947,652		342,843		—		—		—		342,843
Construction and land		137,757		—		—		—		137,757		72,002		—		—		—		72,002
Commercial and industrial		2,260,628		610		165		7,644		2,269,047		1,322,937		7,147		192		2,505		1,332,781
Lease financing		340,337		—		25		—		340,362		227,741		—		—		—		227,741
Consumer		219,083		766		161		31		220,041		33,488		9		45		—		33,542


	$	7,541,167	$	4,366	$	460	$	8,868	$	7,554,861	$	3,685,424	$	14,757	$	398	$	2,698	$	3,703,277




Non-ACI loans:
1 - 4 single family residential	$	56,248	$	3,129	$	293	$	—	$	59,670	$	71,096	$	4,448	$	609	$	2,431	$	78,584
Home equity loans and lines of credit		116,036		2,417		556		6,559		125,568		140,975		2,170		1,835		9,767		154,747
Multi-family		—		—		—		—		—		712		—		—		—		712
Commercial real estate
Owner occupied		687		—		—		—		687		850		—		—		—		850
Non-owner occupied		52		—		—		—		52		60		—		—		—		60
Construction and land		688		—		—		—		688		775		—		—		—		775
Commercial and industrial		3,722		—		4		2,250		5,976		7,164		27		12		4,045		11,248


	$	177,433	$	5,546	$	853	$	8,809	$	192,641	$	221,632	$	6,645	$	2,456	$	16,243	$	246,976

ACI Loans

The accretable yield on ACI loans represents the amount by which undiscounted expected future cash flows exceed carrying value. Changes in the accretable yield on ACI loans for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):


Balance, December 31, 2010	$	1,833,974
Reclassifications from non-accretable difference		135,933
Accretion		(446,292	)


Balance, December 31, 2011		1,523,615
Reclassifications from non-accretable difference		206,934
Accretion		(444,483	)


Balance, December 31, 2012		1,286,066
Reclassifications from non-accretable difference		282,952
Accretion		(410,446	)


Balance, December 31, 2013	$	1,158,572

Accretable yield at December 31, 2013 included expected cash flows from a pool of 1-4 single family residential loans whose carrying value had been reduced to zero. The UPB of loans remaining in this pool was $64 million at December 31, 2013.

Credit quality information—ACI loans

ACI loans or loan pools are considered to be impaired when there has been further deterioration in the cash flows expected at acquisition plus any additional cash flows expected to be collected arising from changes in estimates after acquisition, other than due to decreases in interest rate indices and changes in prepayment assumptions. Discount continues to be accreted on ACI loans or pools as long as there are expected future cash flows in excess of the current carrying amount; therefore, these loans are not classified as non-accrual even though they may be contractually delinquent. ACI 1-4 single family residential and home equity loans accounted for in pools are evaluated for impairment on a pool basis and the amount of any impairment is measured based on the expected aggregate cash flows of the pools. ACI commercial and commercial real estate loans are evaluated individually for impairment.

The tables below set forth at December 31, 2013 and 2012 the carrying amount of ACI loans or pools for which the Company has determined it is probable that it will be unable to collect all the cash flows expected at acquisition plus additional cash flows expected to be collected arising from changes in estimates after acquisition, if any, as well as ACI loans not accounted for in pools that have been modified in TDRs, and the related allowance amounts (in thousands):

	2013						2012

	Recorded Investment in Impaired Loans or Pools		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment in Impaired Loans or Pools		Unpaid Principal Balance		Related Specific Allowance
With no specific allowance recorded:
Commercial real estate
Non-owner occupied	$	384	$	406	$	—	$	104	$	171	$
Construction and land		567		588		—		512		669		—
Commercial and industrial		—		—		—		188		188		—
With a specific allowance recorded:
Multi-family		3,478		3,459		323		6,626		7,043		504
Commercial real estate
Owner occupied		2,643		2,812		369		3,076		3,853		692
Non-owner occupied		32,436		37,392		1,444		20,620		23,504		4,708
Construction and land		1,686		1,500		192		4,874		6,567		350
Commercial and industrial		3,932		4,262		565		7,580		7,959		1,765
Total:
Residential	$	—	$	—	$	—	$	—	$	—	$	—
Commercial		45,126		50,419		2,893		43,580		49,954		8,019


	$	45,126	$	50,419	$	2,893	$	43,580	$	49,954	$	8,019

The following table presents the average recorded investment in impaired ACI loans or pools for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013		2012		2011

Residential:
Home equity loans and lines of credit	$	—	$	—	$	45,947


		—		—		45,947


Commercial:
Multi-family		4,804		11,936		29,606
Commercial real estate		26,143		41,952		61,291
Construction and land		3,873		12,482		25,729
Commercial and industrial		5,744		12,825		23,877


		40,564		79,195		140,503


	$	40,564	$	79,195	$	186,450

The following table summarizes ACI loans that were modified in TDRs during the years ended December 31, 2013, 2012 and 2011 as well as ACI loans modified during the years ended December 31, 2013, 2012 and 2011 that experienced payment defaults during the periods indicated (dollars in thousands):

	2013								2012								2011

	Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period
	Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment
Commercial real estate		3	$	1,354		—	$	—		3	$	242		1	$	9		3	$	917		1	$	197
Construction and land		—		—		—		—		—		—		—		—		1		435		2		435
Commercial and industrial		1		168		—		—		3		261		1		188		—		—		—		—


		4	$	1,522		—	$	—		6	$	503		2	$	197		4	$	1,352		3	$	632

Modifications during the years ended December 31, 2013, 2012 and 2011 included restructurings of the amount and timing of payments, extensions of maturity and modifications of interest rates. Modified ACI loans accounted for in pools are not considered TDRs, are not separated from the pools and are not classified as impaired loans.

The following tables summarize key indicators of credit quality for the Company's ACI loans as of December 31, 2013 and 2012 (in thousands):

Residential credit exposure, based on delinquency status:

	2013				2012

	1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit		1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit
Current	$	957,791	$	33,967	$	1,093,363	$	43,226
Past due less than 90 days		43,346		1,479		63,435		1,818
Past due 90 days or more		55,875		4,156		143,311		7,455


	$	1,057,012	$	39,602	$	1,300,109	$	52,499

Consumer credit exposure, based on delinquency status:

	2013		2012

Current	$	1,477	$	2,190
Past due less than 90 days		201		17
Past due 90 days or more		1		32


	$	1,679	$	2,239

Commercial credit exposure, based on internal risk rating:

	2013

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Total
Pass	$	31,002	$	40,725	$	53,238	$	7,373	$	1,824	$	134,162
Special mention		—		1,000		3,361		—		—		4,361
Substandard		10,445		13,454		37,845		3,227		4,206		69,177
Doubtful		—		—		94		—		20		114


	$	41,447	$	55,179	$	94,538	$	10,600	$	6,050	$	207,814

	2012

	Multi-Family		Commercial Real Estate—Owner Occupied		Commercial Real Estate—Non-Owner Occupied		Construction and Land		Commercial and Industrial		Total
Pass	$	36,068	$	48,011	$	70,386	$	6,937	$	6,183	$	167,585
Special mention		381		867		3,748		—		—		4,996
Substandard		19,699		13,884		40,910		11,127		8,198		93,818
Doubtful		—		—		13		—		227		240


	$	56,148	$	62,762	$	115,057	$	18,064	$	14,608	$	266,639

The following table presents an aging of loans in the ACI portfolio as of December 31, 2013 and 2012 (in thousands):

	2013										2012

	Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total		Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total
1 - 4 single family residential	$	957,791	$	33,067	$	10,279	$	55,875	$	1,057,012	$	1,093,363	$	47,529	$	15,906	$	143,311	$	1,300,109
Home equity loans and lines of credit		33,967		1,150		329		4,156		39,602		43,226		1,254		564		7,455		52,499
Multi-family		38,877		—		—		2,570		41,447		47,474		45		—		8,629		56,148
Commercial real estate
Owner occupied		54,501		253		—		425		55,179		62,491		100		69		102		62,762
Non-owner occupied		81,754		3,245		—		9,539		94,538		109,417		1,975		378		3,287		115,057
Construction and land		7,373		—		—		3,227		10,600		9,257		—		—		8,807		18,064
Commercial and industrial		3,193		—		—		2,857		6,050		7,762		1,951		17		4,878		14,608
Consumer		1,477		—		201		1		1,679		2,190		10		7		32		2,239


	$	1,178,933	$	37,715	$	10,809	$	78,650	$	1,306,107	$	1,375,180	$	52,864	$	16,941	$	176,501	$	1,621,486

1-4 single family residential and home equity ACI loans that are contractually delinquent by more than 90 days and accounted for in pools that are on accrual status because discount continues to be accreted totaled $60 million and $151 million at December 31, 2013 and 2012, respectively. The carrying amount of commercial and commercial real estate ACI loans that are contractually delinquent in excess of ninety days but still classified as accruing loans due to discount accretion totaled $18 million and $26 million at December 31, 2013 and 2012, respectively. As of December 31, 2013, discount is no longer being accreted on ACI commercial real estate loans with a carrying value of $1 million.

- 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

FDIC Indemnification Asset

12 Months Ended

Dec. 31, 2013

FDIC Indemnification Asset [Abstract]

FDIC Indemnification Asset

Note 6 FDIC Indemnification Asset

When the Company recognizes gains or losses related to covered assets in its consolidated financial statements, changes in the estimated amount recoverable from the FDIC under the Loss Sharing Agreements with respect to those gains or losses are also reflected in the consolidated financial statements. Covered loans may be resolved through prepayment, short sale of the underlying collateral, foreclosure, sale of the loans or charge-off. For loans resolved through prepayment, short sale or foreclosure, the difference between consideration received in satisfaction of the loans and the carrying value of the loans is recognized in the statement of income line item "Income from resolution of covered assets, net." Losses from the resolution of covered loans increase the amount recoverable from the FDIC under the Loss Sharing Agreements. Gains from the resolution of covered loans reduce the amount recoverable from the FDIC under the Loss Sharing Agreements. Similarly, differences in proceeds received on the sale of OREO and covered loans and their carrying amounts result in gains or losses and reduce or increase the amount recoverable from the FDIC under the Loss Sharing Agreements. Increases in valuation allowances or impairment charges related to covered assets also increase the amount estimated to be recoverable from the FDIC. These additions to or reductions in amounts recoverable from the FDIC related to the resolution of covered assets are recorded in the statement of income line item "Net gain (loss) on indemnification asset" and reflected as corresponding increases or decreases in the FDIC indemnification asset.

The following table summarizes the components of the gains and losses associated with covered assets, along with the related additions to or reductions in the amounts recoverable from the FDIC under the Loss Sharing Agreements, as reflected in the consolidated statements of income for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	1,738		$	(1,574	)	$	164
Income from resolution of covered assets, net		78,862			(64,793	)		14,069
Loss on sale of covered loans		(16,195	)		21,021			4,826
OTTI on covered investment securities available for sale		(963	)		770			(193	)
Gain on sale of OREO		9,568			(7,611	)		1,957
Impairment of OREO		(1,939	)		1,549			(390	)


	$	71,071		$	(50,638	)	$	20,433

	2012

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	503		$	344		$	847
Income from resolution of covered assets, net		51,016			(41,962	)		9,054
Loss on sale of covered loans		(29,270	)		30,725			1,455
Gain on sale of OREO		4,164			(3,078	)		1,086
Impairment of OREO		(9,926	)		7,941			(1,985	)


	$	16,487		$	(6,030	)	$	10,457

	2011

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	7,692		$	(6,327	)	$	1,365
Income from resolution of covered assets, net		18,776			(6,871	)		11,905
Loss on sale of covered loans		(70,366	)		56,053			(14,313	)
Loss on sale of OREO		(23,576	)		17,272			(6,304	)
Impairment of OREO		(24,569	)		19,685			(4,884	)


	$	(92,043	)	$	79,812		$	(12,231	)

Changes in the FDIC indemnification asset for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):


Balance, December 31, 2010	$	2,667,401
Accretion		55,901
Reduction for claims filed		(753,963	)
Net gain on indemnification asset		79,812


Balance, December 31, 2011		2,049,151
Accretion		15,306
Reduction for claims filed		(600,857	)
Net loss on indemnification asset		(6,030	)


Balance, December 31, 2012		1,457,570
Amortization		(36,943	)
Reduction for claims filed		(164,872	)
Net loss on indemnification asset		(50,638	)


Balance, December 31, 2013	$	1,205,117

Under the terms of the Loss Sharing Agreements, the Company is also entitled to reimbursement from the FDIC for certain expenses related to covered assets upon final resolution of those assets. For the years ended December 31, 2013, 2012 and 2011, non-interest expense includes approximately $8.3 million, $20.3 million, and $32.0 million, respectively, of expenses subject to reimbursement at the 80% level under the Loss Sharing Agreements. For those same periods, claims of $9.4 million, $19.6 million, and $31.5 million, respectively, were submitted to the FDIC for reimbursement. As of December 31, 2013, $13.5 million of expenses incurred to date remained to be submitted for reimbursement from the FDIC in future periods as the related covered assets are resolved.

Other Real Estate Owned

12 Months Ended

Dec. 31, 2013

Other Real Estate Owned [Abstract]

Other Real Estate Owned

Note 7 Other Real Estate Owned

At December 31, 2013 $39.7 million of the Company's OREO was covered under the Loss Sharing Agreements. An analysis of OREO activity for the years ended December 31, 2013, 2012 and 2011 follows (in thousands):

	2013			2012			2011

Balance, beginning of period	$	76,022		$	123,737		$	206,680
Transfers from loan portfolio		68,084			151,302			312,958
Sales		(101,597	)		(189,091	)		(371,332	)
Impairment		(1,939	)		(9,926	)		(24,569	)


Balance, end of period	$	40,570		$	76,022		$	123,737

- Definition

The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 40
-Section 40
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6905009&loc=d3e18551-111553

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 40
-Section 40
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6905009&loc=d3e18511-111553

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4437-111522

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 35
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1424-110224

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.10(4))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 35
-Paragraph 43
-URI http://asc.fasb.org/extlink&oid=29634951&loc=d3e1739-110224

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 10
-Subparagraph 4
-Article 9

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 11
-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph c
-Subparagraph Schedule III
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 28
-Article 12

+ Details

Equipment Under Operating Lease

12 Months Ended

Dec. 31, 2013

Equipment Under Operating Lease [Abstract]

Equipment Under Operating Lease

Note 8 Equipment Under Operating Lease

Equipment under operating lease consists of rail cars. The components of equipment under operating lease as of December 31, 2013 and 2012 are summarized as follows (in thousands):

	2013			2012

Equipment under operating lease	$	201,163		$	39,154
Less: accumulated depreciation		(4,680	)		(422	)


Equipment under operating lease, net	$	196,483		$	38,732

Depreciation expense related to equipment under operating lease was $4.3 million and $0.4 million for the years ended December 31, 2013 and 2012, respectively.

At December 31, 2013, scheduled minimum rental payments under operating leases were as follows (in thousands):


Years Ending December 31:
2014	$	15,309
2015		15,309
2016		14,023
2017		10,438
2018		6,248
Thereafter through 2020		6,491


	$	67,818

Premises and Equipment and Lease Commitments

12 Months Ended

Dec. 31, 2013

Premises and Equipment and Lease Commitments [Abstract]

Premises and Equipment and Lease Commitments

Note 9 Premises and Equipment and Lease Commitments

Premises and equipment are included in other assets in the accompanying consolidated balance sheets and are summarized as follows as of December 31, 2013 and 2012 (in thousands):

	2013			2012

Branch buildings and improvements	$	18,049		$	17,440
Leasehold improvements		47,912			30,491
Construction in progress		3,293			7,816
Furniture, fixtures and equipment		29,880			25,644
Computer equipment		11,212			10,356
Software and software licensing rights		26,855			22,363


		137,201			114,110
Less: accumulated depreciation		(42,923	)		(25,507	)


Premises and equipment, net	$	94,278		$	88,603

Branch buildings and improvements includes $2 million related to a branch facility recorded under capital lease at December 31, 2013.

Depreciation and amortization expense related to premises and equipment, including amortization of assets recorded under capital leases, was $18.2 million, $14.0 million and $7.6 million for the years ended December 31, 2013, 2012 and 2011, respectively.

The Company leases branch and office facilities under operating leases, most of which contain renewal options under various terms. Total rent expense under operating leases for the years ended December 31, 2013, 2012 and 2011 was $26.0 million, $23.3 million and $14.9 million, respectively.

As of December 31, 2013, future minimum rentals under non-cancelable operating leases with initial or remaining terms in excess of one year were as follows (in thousands):


Years ending December 31:
2014	$	22,315
2015		20,470
2016		19,565
2017		19,584
2018		18,406
Thereafter through 2034		100,198


	$	200,538

Deposits

12 Months Ended

Dec. 31, 2013

Deposits [Abstract]

Deposits

Note 10 Deposits

The following table presents average balances and weighted average rates paid on deposits for the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):

	2013					2012					2011

	Average Balance		Average Rate Paid			Average Balance		Average Rate Paid			Average Balance		Average Rate Paid
Demand deposits:
Non-interest bearing	$	1,586,007		0.00	%	$	1,099,448		0.00	%	$	622,377		0.00	%
Interest bearing		582,623		0.46	%		504,614		0.63	%		382,329		0.65	%
Money market		3,403,276		0.51	%		2,838,735		0.63	%		2,165,230		0.88	%
Savings		877,255		0.37	%		1,073,709		0.58	%		1,201,236		0.83	%
Time		2,844,377		1.31	%		2,632,451		1.48	%		2,585,201		1.71	%


	$	9,293,538		0.65	%	$	8,148,957		0.81	%	$	6,956,373		1.09	%

Time deposit accounts with balances of $100,000 or more totaled approximately $2.1 billion and $1.5 billion at December 31, 2013 and 2012, respectively. Time deposit accounts with balances of $250,000 or more totaled $829 million and $540 million at December 31, 2013 and 2012, respectively. The following table presents maturities of time deposits with balances equal to or greater than $100,000 as of December 31, 2013 (in thousands):


Three months or less	$	319,716
Over three through six months		374,717
Over six through twelve months		977,706
Over twelve months		457,398


	$	2,129,537

Included in deposits at December 31, 2013 are $153 million of time deposits issued to the State of Florida, $521 million of other public funds deposits and reciprocal brokered deposits of $103 million. Investment securities available for sale with a carrying value of $312 million were pledged as security for public funds deposits at December 31, 2013.

Interest expense on deposits for the years ended December 31, 2013, 2012 and 2011 was as follows (in thousands):

	2013		2012		2011

Interest bearing demand	$	2,698	$	3,155	$	2,499
Money market		17,355		17,878		19,020
Savings		3,265		6,215		10,006
Time		37,248		38,930		44,248


	$	60,566	$	66,178	$	75,773

Federal Home Loan Bank Advances

12 Months Ended

Dec. 31, 2013

Federal Home Loan Bank Advances [Abstract]

Federal Home Loan Bank Advances

Note 11 Federal Home Loan Bank Advances and Other Borrowings

At December 31, 2013 and 2012 outstanding FHLB advances and other borrowings consisted of the following (dollars in thousands):

	2013		2012

Federal Home Loan Bank advances	$	2,412,050	$	1,916,919
Securities sold under agreements to repurchase		346		8,175
Capital lease obligations		1,917		—


	$	2,414,313	$	1,925,094

Securities sold under agreements to repurchase are offered to certain deposit customers, generally mature daily, and are not a significant source of funds for the Company. As of December 31, 2013 and 2012, the Company had pledged securities with a carrying value of approximately $23 million and $24 million, respectively, as collateral for securities sold under agreements to repurchase.

Information about outstanding FHLB advances as of December 31, 2013 follows (dollars in thousands):

				Range of Interest Rates

				Range of Interest Rates						Weighted Average Rate
	Amount			Minimum			Maximum			Weighted Average Rate
Maturing in:
2014—30 days or less	$	200,000			0.20	%		0.36	%		0.24	%
2014—Over 30 days		1,765,000			0.20	%		0.71	%		0.29	%
2015		270,350			0.00	%		0.79	%		0.48	%
2016		75,000			0.68	%		0.79	%		0.73	%
2017		105,000			0.95	%		0.98	%		0.97	%


Total contractual balance outstanding		2,415,350
Acquisition accounting fair value adjustment and unamortized modification costs		(3,300	)


Carrying value	$	2,412,050

During 2012, the Company modified FHLB advances with an outstanding balance of $105 million, extending the maturity and reducing the rate on the advances and incurring modification fees of $5.3 million. Additionally, during the year ended December 31, 2012, the Company elected to prepay $520 million of FHLB advances with a carrying value of $524 million for an aggregate cash payment of $538 million. The Company recorded a loss of $14.2 million on this extinguishment of debt.

Acquisition accounting fair value adjustments and deferred modification costs on FHLB advances are being amortized as adjustments to interest expense over the remaining terms of the related advances using the effective yield method. The amortization of these adjustments and costs increased (reduced) interest expense by $131 thousand, $(14.8) million and $(19.1) million during the years ended December 31, 2013, 2012 and 2011, respectively.

The terms of the Company's security agreement with the FHLB require a specific assignment of collateral consisting of qualifying first mortgage loans, commercial real estate loans, home equity lines of credit and mortgage-backed securities with unpaid principal amounts discounted at various stipulated percentages at least equal to 100% of outstanding FHLB advances. As of December 31, 2013, the Company had pledged investment securities and real estate loans with an aggregate carrying amount of approximately $4.6 billion as collateral for advances from the FHLB.

At December 31, 2013, BankUnited had available borrowing capacity at the Federal Home Loan Bank of approximately $1.3 billion, unused borrowing capacity at the Federal Reserve Bank of approximately $94 million and unused Federal funds lines of credit with other financial institutions totaling $85 million.

Income Taxes

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Income Taxes

Note 12 Income Taxes

The components of the provision for income taxes for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):

	2013		2012			2011

Current:
Federal	$	94,724	$	170,973		$	115,127
State		6,105		34,860			29,558


		100,829		205,833			144,685


Deferred:
Federal		5,028		(60,985	)		(9,322	)
State		3,209		(11,243	)		(5,787	)


		8,237		(72,228	)		(15,109	)


	$	109,066	$	133,605		$	129,576

A reconciliation of expected income tax expense at the statutory federal income tax rate of 35% to the Company's actual income tax expense and effective tax rate for the years ended December 31, 2013, 2012 and 2011 follows (dollars in thousands):

	2013						2012						2011

	Amount			Percent			Amount			Percent			Amount			Percent
Tax expense calculated at the statutory federal income tax rate	$	111,301			35.00	%	$	120,703			35.00	%	$	67,460			35.00	%


Increases (decreases) resulting from:
State income taxes, net of federal tax benefit		6,597			2.08	%		13,944			4.04	%		7,172			3.72	%
Income not subject to tax		(7,065	)		(2.22	)%		(6,019	)		(1.75	)%		(4,982	)		(2.59	)%
Non-deductible equity based compensation		—			0.00	%		3,624			1.05	%		47,023			24.40	%
Uncertain state tax positions		(2,063	)		(0.65	)%		2,870			0.83	%		12,757			6.62	%
Other, net		296			0.09	%		(1,517	)		(0.43	)%		146			0.08	%


	$	109,066			34.30	%	$	133,605			38.74	%	$	129,576			67.23	%

State income taxes in 2013 included credits of approximately $3.5 million, net of federal tax benefit, related to changes in certain state income tax positions taken in prior years.

The components of deferred tax assets and liabilities at December 31, 2013 and 2012 were as follows (in thousands):

	2013		2012

Deferred tax assets:
Excess of tax basis over carrying value of acquired loans	$	199,715	$	290,735
Allowance for loan and lease losses		26,639		22,743
Acquisition costs		12,119		12,969
Net operating loss carryforwards		6,894		7,636
Net unrealized losses on derivatives designated as cash flow hedges		7,080		18,603
Other		19,210		21,133


Gross deferred tax assets		271,657		373,819


Deferred tax liabilities:
Deferred tax gain resulting from the FSB Acquisition		107,512		216,632
Net unrealized gains on investment securities available for sale		43,177		71,290
Premises and equipment and equipment under operating lease, due to differences in depreciation		45,081		20,931
Other		5,261		2,692


Gross deferred tax liabilities		201,031		311,545


Net deferred tax asset	$	70,626	$	62,274

In evaluating whether a valuation allowance is required related to deferred tax assets, the Company considers all available evidence, both positive and negative, based on the more-likely-than-not criteria that such assets will be realized. This evaluation includes but is not limited to (1) available carryback potential to prior tax years, (2) future taxable income that will result from reversal of existing taxable temporary differences, which are expected to have a reversal pattern generally consistent with deferred tax assets, (3) potential tax planning strategies and (4) projected future taxable income. Based on this evaluation, management has concluded that it is more likely than not that the existing deferred tax assets will be realized. The primary factors supporting this conclusion are the amount of taxable income available for carryback and the amount of future taxable income that will result from the scheduled reversal of existing deferred tax liabilities.

At December 31, 2013, the amount of remaining net operating loss carryforwards resulting from the acquisition of Herald was $19 million, expiring from 2029 through 2032. The tax benefits of net operating losses recognized for each of the years ended December 31, 2013 and 2012 was $0.8 million. No tax benefit of net operating losses was recognized for the year ended December 31, 2011.

The Company has a liability for unrecognized tax benefits relating to uncertain tax positions primarily for state tax contingencies in several jurisdictions. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for the years ended December 31, 2013, 2012 and 2011 follows (in thousands):

	2013			2012			2011

Balance, beginning of period	$	24,790		$	20,961		$	2,845
Additions for tax positions related to the current year		699			1,246			6,501
Additions for tax positions related to prior periods		—			—			7,982
Reductions due to settlements with taxing authorities		—			(41	)		(185	)
Reductions due to lapse of the statute of limitations		(3,340	)		—			—


		22,149			22,166			17,143
Interest and penalties		(251	)		2,624			3,818


Balance, end of period	$	21,898		$	24,790		$	20,961

As of December 31, 2013, 2012 and 2011, the Company had $10.0 million, $11.7 million and $10.9 million of unrecognized state tax benefits, net of federal tax benefits, that if recognized would have impacted the effective tax rate. Unrecognized tax benefits related to state income tax contingencies that may decrease during the 12 months subsequent to December 31, 2013 as a result of the lapse in the statute of limitations total approximately $4.9 million.

Interest and penalties related to unrecognized tax benefits are included in the provision for income taxes in the consolidated statements of income. At December 31, 2013 and 2012, accrued interest and penalties included in the consolidated balance sheets, net of federal tax benefits, were $5.5 million and $5.9 million, respectively. The total amounts of interest and penalties, net of federal tax benefits, recognized through income tax expense were $(0.3) million, $2.1 million and $3.5 million in 2013, 2012 and 2011, respectively, including the reversal of $1.4 million of interest and penalties due to lapse of the statute of limitations in 2013.

The Company and its subsidiaries file a consolidated federal income tax return as well as combined state income tax returns where combined filings are required. In June 2013, the federal income tax audit for the 2009 tax year was closed, with no material adjustments required. Income tax returns for the tax years ended December 31, 2013, 2012, 2011 and 2010 remain subject to examination in the U.S. Federal and various state tax jurisdictions. The tax year ended December 31, 2009 remains subject to examination by the state of Florida.

Derivatives and Hedging Activities

12 Months Ended

Dec. 31, 2013

Derivatives and Hedging Activities [Abstract]

Derivatives and Hedging Activities

Note 13 Derivatives and Hedging Activities

The Company uses interest rate swaps to manage interest rate risk related to variable rate FHLB advances and certificates of deposit with maturities of one year, which expose the Company to variability in cash flows due to changes in interest rates. The Company enters into LIBOR-based interest rate swaps that are designated as cash flow hedges with the objective of limiting the variability of interest payment cash flows resulting from changes in the benchmark interest rate LIBOR. The effective portion of changes in the fair value of interest rate swaps designated as cash flow hedging instruments is reported in AOCI and subsequently reclassified into interest expense in the same period in which the related interest on the floating-rate debt obligations affects earnings.

The Company also enters into interest rate derivative contracts with certain of its commercial borrowers to enable those borrowers to manage their exposure to interest rate fluctuations. To mitigate interest rate risk associated with these derivative contracts, the Company enters into offsetting derivative contract positions with primary dealers. These interest rate derivative contracts are not designated as hedging instruments; therefore, changes in the fair value of these derivatives are recognized immediately in earnings. The impact on earnings related to changes in fair value of these derivatives for the years ended December 31, 2013, 2012 and 2011 was not material.

The Company may be exposed to credit risk in the event of non-performance by the counterparties to its interest rate derivative agreements. The Company assesses the credit risk of its financial institution counterparties by monitoring publicly available credit rating and financial information. The Company manages dealer credit risk by entering into interest rate derivatives only with primary and highly rated counterparties, the use of ISDA master agreements and counterparty limits. The agreements contain bilateral collateral arrangements with the amount of collateral to be posted generally governed by the settlement value of outstanding swaps. The Company manages the risk of default by its borrower counterparties through its normal loan underwriting and credit monitoring policies and procedures. The Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations.

The following tables set forth certain information concerning the Company's interest rate contract derivative financial instruments and related hedged items at December 31, 2013 and 2012 (dollars in thousands):

	2013

				Weighted Average Remaining Life in Years
									Fair value
		Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Fair value
	Hedged Item	Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Asset		Liability
Derivatives designated as cash flow hedges:
Pay-fixed interest rate swaps	Variability of interest cash flows on certificates of deposit	3.11%	12-Month Libor		1.9	$	225,000	Other liabilities	$	—	$	(10,591	)
Pay-fixed interest rate swaps	Variability of interest cash flows on variable rate borrowings	1.61%	3-Month Libor		3.8		1,505,000	Other assets / Other liabilities		16,960		(28,326	)
Derivatives not designated as hedges:
Pay-fixed interest rate swaps and caps		4.62%	Indexed to 1-month Libor		6.4		283,751	Other assets / Other liabilities		1,055		(3,816	)
Pay-variable interest rate swaps and caps		Indexed to 1-month Libor	4.62%		6.4		283,751	Other assets / Other liabilities		3,816		(1,055	)


						$	2,297,502		$	21,831	$	(43,788	)

	2012

				Weighted Average Remaining Life in Years
									Fair value
		Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Fair value
	Hedged Item	Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Asset		Liability
Derivatives designated as cash flow hedges:
Pay-fixed interest rate swaps	Variability of interest cash flows on certificates of deposit	3.11%	12-Month Libor		2.8	$	225,000	Other liabilities	$	—	$	(14,622	)
Pay-fixed interest rate swaps	Variability of interest cash flows on variable rate borrowings	3.75%	3-Month Libor		3.8		285,000	Other liabilities		—		(36,182	)
Derivatives not designated as hedges:
Pay-fixed interest rate swaps and caps		4.18%	Indexed to 1-month Libor		4.8		102,712	Other liabilities		—		(4,908	)
Pay-variable interest rate swaps and caps		Indexed to 1-month Libor	4.18%		4.8		102,712	Other assets		4,908		—


						$	715,424		$	4,908	$	(55,712	)

The following table provides information about gains and losses related to interest rate contract derivative instruments designated as cash flow hedges for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013			2012			2011

Amount of loss reclassified from AOCI into interest expense during the period (effective portion)	$	(21,827	)	$	(17,962	)	$	(18,982	)




Amount of loss related to termination of cash flow hedges reclassified from AOCI into non-interest income during the period	$	—		$	(8,701	)	$	—




Amount of gain (loss) recognized in income during the period (ineffective portion)	$	—		$	—		$	426

During the years ended December 31, 2013 and 2011, no derivative positions designated as cash flow hedges were discontinued and none of the gains and losses reported in AOCI were reclassified into earnings as a result of the discontinuance of cash flow hedges or because of the early extinguishment of debt. During the year ended December 31, 2012, a derivative position designated as a cash flow hedge with a notional amount of $120 million was discontinued and a loss of $8.7 million was reclassified from AOCI into earnings as a result of the discontinuance of the cash flow hedge and the early extinguishment of related variable rate debt. As of December 31, 2013, the amount of loss expected to be reclassified from AOCI into income during the next twelve months was $25.4 million.

Some of the Company's ISDA master agreements with financial institution counterparties contain provisions that permit either counterparty to terminate the agreements and require settlement in the event that regulatory capital ratios fall below certain designated thresholds, upon the initiation of other defined regulatory actions or upon suspension or withdrawal of the Bank's credit rating. Currently, there are no circumstances that would trigger these provisions of the agreements. Information on interest rate swaps subject to master netting agreements is as follows at December 31, 2013 and 2012 (in thousands):

	2013

									Gross Amounts Not Offset in Balance Sheet
	Gross Amounts Recognized			Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet			Derivative Instruments			Collateral Pledged			Net Amount
Derivative assets	$	18,015		$	—	$	18,015		$	(2,010	)	$	(14,714	)	$	1,291
Derivative liabilities		(42,733	)		—		(42,733	)		2,010			40,723			—


	$	(24,718	)	$	—	$	(24,718	)	$	—		$	26,009		$	1,291

	2012

									Gross Amounts Not Offset in Balance Sheet
				Gross Amounts Offset in Balance Sheet					Gross Amounts Not Offset in Balance Sheet
	Gross Amounts Recognized			Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet			Derivative Instruments		Collateral Pledged		Net Amount
Derivative liabilities	$	(55,712	)	$	—	$	(55,712	)	$	—	$	55,712	$	—

The difference between the amounts reported for interest rate swaps subject to master netting agreements and the total fair value of interest rate contract derivative financial instruments reported in the consolidated balance sheets is related to interest rate contracts entered into with borrowers not subject to master netting agreements.

At December 31, 2013, the Company has pledged investment securities available for sale with a carrying amount of $44 million and cash on deposit of $14 million as collateral for these interest rate swaps in a liability position. Financial collateral of $15 million was pledged by counterparties to the Company for interest rate swaps in an asset position. The amount of collateral required to be posted by the Company varies based on the settlement value of outstanding swaps and in some cases may include initial margin requirements.

The Company enters into commitments to fund residential mortgage loans with the intention that these loans will subsequently be sold into the secondary market. A mortgage loan commitment binds the Company to lend funds to a potential borrower at a specified interest rate within a specified period of time, generally 30 to 90 days. These commitments are considered derivative instruments. The notional amount of outstanding mortgage loan commitment derivatives was $3 million and $8 million at December 31, 2013 and 2012, respectively. Outstanding derivative loan commitments expose the Company to the risk that the price of the loans arising from exercise of the commitments might decline from inception of the commitment to funding of the loan. To protect against the price risk inherent in derivative loan commitments, the Company utilizes "best efforts" forward loan sale commitments. Under a "best efforts" contract, the Company commits to deliver an individual mortgage loan to an investor if the loan to the underlying borrower closes. Generally, the price the investor will pay the Company for a loan is specified prior to the loan being funded. These commitments are considered derivative instruments once the underlying loans are funded. The notional amount of forward loan sale commitment derivatives was $0.2 million and $2 million at December 31, 2013 and 2012, respectively. The fair value of loan commitment and forward sale commitment derivatives was nominal at December 31, 2013 and 2012.

- 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
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-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
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-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
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-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624177-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80784-113994

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-Publisher FASB
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624258-113959

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-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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708773-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Name Accounting Standards Codification
-Topic 815
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-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

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-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

Stockholders' Equity

12 Months Ended

Dec. 31, 2013

Stockholders' Equity [Abstract]

Stockholders' Equity

Note 14 Stockholders' Equity

In February 2012, the Company created a series of 5,416,000 shares of preferred stock designated "Series A Nonvoting Convertible Preferred Stock", par value $0.01 per share. The preferred stock ranked pari passu with the Company's common stock with respect to the payment of dividends or distributions and had a liquidation preference of $0.01 per share. In March 2013, each share of preferred stock outstanding was converted into one share of common stock. Following the conversion, the preferred stock resumed the status of authorized and unissued preferred stock, undesignated as to series and available for future issuance.

On February 2, 2011, the Company closed the IPO of 33,350,000 shares of its common stock at $27 per share. In the offering, the Company sold 4,000,000 shares and selling stockholders sold 29,350,000 shares. Proceeds received by the Company on the sale of the 4,000,000 shares amounted to $102.6 million, net of underwriting discounts. The Company incurred direct costs of the stock issuance of $4.0 million, which were charged to paid-in capital.

Effective January 10, 2011, the Board of Directors of BankUnited, Inc. (the "Board of Directors"), authorized a 10-for-1 split of the Company's outstanding common shares. Stockholders' equity has been retroactively adjusted to give effect to this stock split for all periods presented by reclassifying from paid-in capital to common stock the par value of the additional shares issued. All share and per share data have been retroactively restated for all periods presented to reflect this stock split.

In conjunction with the acquisition of Herald, the Company issued 1,834,160 warrants to purchase its common stock to certain former shareholders of Herald. The warrants expire in November 2018. Each warrant is exercisable at an exercise price of $9.47, in exchange for which the holder is entitled to receive 0.0827 shares of BKU common stock and cash of $1.73.

Accumulated Other Comprehensive Income

Changes in AOCI for the years ended December 31, 2013, 2012 and 2011 are summarized as follows (in thousands):

	2013

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding loss arising during the year	$	(64,330	)	$	24,784		$	(39,546	)
Reclassification adjustment for net securities gains realized in income		(8,629	)		3,329			(5,300	)


Net change in unrealized gains on securities available for sale		(72,959	)		28,113			(44,846	)


Unrealized losses on derivative instruments:
Net unrealized holding gain arising during the year		8,046			(3,104	)		4,942
Amounts reclassified to interest expense on deposits		5,140			(1,982	)		3,158
Amounts reclassified to interest expense on borrowings		16,687			(6,437	)		10,250


Net change in unrealized losses on derivative instruments		29,873			(11,523	)		18,350


Other comprehensive loss	$	(43,086	)	$	16,590		$	(26,496	)

	2012

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding gain arising during the year	$	112,165		$	(43,272	)	$	68,893
Reclassification adjustment for net securities gains realized in income		(17,039	)		6,573			(10,466	)


Net change in unrealized gains on securities available for sale		95,126			(36,699	)		58,427


Unrealized losses on derivative instruments:
Net unrealized holding loss arising during the year		(14,405	)		5,557			(8,848	)
Amounts reclassified to interest expense on deposits		4,904			(1,892	)		3,012
Amounts reclassified to interest expense on borrowings		13,058			(5,037	)		8,021
Amounts reclassified to loss on termination of interest rate swap		8,701			(3,356	)		5,345


Net change in unrealized losses on derivative instruments		12,258			(4,728	)		7,530


Other comprehensive income	$	107,384		$	(41,427	)	$	65,957

	2011

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding loss arising during the year	$	(44	)	$	17		$	(27	)
Reclassification adjustment for net securities gains realized in income		(1,136	)		438			(698	)


Net change in unrealized gains on securities available for sale		(1,180	)		455			(725	)


Unrealized losses on derivative instruments:
Net unrealized holding loss arising during the year		(40,507	)		15,625			(24,882	)
Amounts reclassified to interest expense on deposits		5,238			(2,020	)		3,218
Amounts reclassified to interest expense on borrowings		13,744			(5,302	)		8,442


Net change in unrealized losses on derivative instruments		(21,525	)		8,303			(13,222	)


Other comprehensive loss	$	(22,705	)	$	8,758		$	(13,947	)

The categories of AOCI and changes therein are presented below for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	Unrealized Gains on Investment Securities Available for Sale			Unrealized Losses on Derivative Instruments			Total

Balance, December 31, 2010	$	55,897		$	(23,931	)	$	31,966
Other comprehensive income		(725	)		(13,222	)		(13,947	)


Balance, December 31, 2011		55,172			(37,153	)		18,019
Other comprehensive income		58,427			7,530			65,957


Balance, December 31, 2012		113,599			(29,623	)		83,976
Other comprehensive income		(44,846	)		18,350			(26,496	)


Balance, December 31, 2013	$	68,753		$	(11,273	)	$	57,480

- 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
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
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-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-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
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-Subparagraph (SAB TOPIC 4.C)
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Paragraph 1
-Subparagraph (SX 210.3-04)
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
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-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
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-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
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-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)
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-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

Equity Based Compensation and Other Benefit Plans

12 Months Ended

Dec. 31, 2013

Equity Based Compensation and Other Benefit Plans [Abstract]

Equity Based Compensation and Other Benefit Plans

Note 15 Equity Based Compensation and Other Benefit Plans

Description of Equity Based Compensation Plans

Pursuant to the terms of the BankUnited, Inc. 2009 Stock Option Plan (the "2009 Plan"), the Company's Board of Directors may grant up to 2,312,500 non-qualified stock options to key employees of the Company and its affiliates. Stock options may be granted with an exercise price equal to or greater than the stock's fair value at the date of grant. The terms and conditions applicable to options granted under the 2009 Plan are determined by the Company's Board of Directors or a committee thereof, provided however, that each stock option shall expire on the tenth anniversary of the date of the grant, unless it is earlier exercised or forfeited. Options granted to date under the 2009 Plan vest over a period of three years. Shares of common stock delivered under the 2009 Plan may be authorized but unsold common stock or previously issued common stock reacquired by the Company. Vesting of stock options may be accelerated in the event of a change in control, as defined. The Company does not intend to issue any new awards under the 2009 Plan.

In connection with the IPO, the Company adopted the BankUnited, Inc. 2010 Omnibus Equity Incentive Plan (the "2010 Plan"). The 2010 Plan is administered by the Board of Directors or a committee thereof and provides for the grant of non-qualified stock options, share appreciation rights ("SARs"), restricted shares, deferred shares, performance shares, unrestricted shares and other share-based awards to selected employees, directors or independent contractors of the Company and its affiliates. The number of shares of common stock authorized for award under the 2010 Plan is 7,500,000, of which 1,056,087 shares remain available for issuance as of December 31, 2013. Shares of common stock delivered under the plan may consist of authorized but unissued shares or previously issued shares reacquired by the Company. The term of a share option or SAR issued under the plan may not exceed ten years from the date of grant and the exercise price may not be less than the fair market value of the Company's common stock at the date of grant. Unvested awards generally become fully vested in the event of a change in control, as defined.

At the time of acquisition by BankUnited, Inc., Herald had an existing stock option plan, the Heritage Bank, N.A. 2008 Stock Incentive Plan (the "Herald Plan"). Replacement options issued to employees and directors of Herald in conjunction with the acquisition were issued under the Herald Plan. No further awards are available for issuance under the Herald Plan.

Compensation Expense Related to Equity Based Awards

The following table summarizes compensation cost related to equity based awards for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013			2012			2011

Compensation cost of equity based awards:
Unvested and restricted share awards	$	11,618		$	7,389		$	2,069
Option awards		1,362			2,671			1,707
Performance share awards		798			507			—
PIUs		—			—			110,398
Instruments issued in exchange for PIUs		—			13,235			30,614


Total compensation cost of equity based awards		13,778			23,802			144,788
Related tax benefits		(5,021	)		(4,887	)		(3,767	)


Compensation cost of equity based awards, net of tax	$	8,757		$	18,915		$	141,021

The following table summarizes total unrecognized compensation cost and the weighted average remaining period over which compensation cost will be recognized for share and option awards outstanding at December 31, 2013:

	Unrecognized Compensation Cost

Share awards	$	13,473	1.56
Option awards	$	609	0.96

Share Awards

Unvested share awards

A summary of activity related to unvested share awards granted under the 2010 Plan for the years ended December 31, 2013, 2012 and 2011 follows:

			Weighted Average Grant Date Fair Value

Unvested share awards outstanding, December 31, 2010	—		$	—
Granted	706,230			24.58
Issued in exchange for PIUs	1,931,745			27.00
Vested	(965,873	)		27.00
Canceled or forfeited	(8,280	)		28.05


Unvested share awards outstanding, December 31, 2011	1,663,822			25.97
Granted	608,714			23.42
Vested	(1,179,118	)		26.58
Canceled or forfeited	(90,629	)		24.18


Unvested share awards outstanding, December 31, 2012	1,002,789			23.86
Granted	109,585			28.77
Vested	(436,577	)		24.54
Canceled or forfeited	(58,682	)		23.61


Unvested share awards outstanding, December 31, 2013	617,115		$	24.27

Unvested share awards are generally valued at the closing price of the Company's common stock on the date of grant. The following table summarizes the closing price of the Company's stock on the date of grant and the aggregate grant date fair value of shares vesting during the years ended December 31, 2013, 2012 and 2011(in thousands, except per share data):

	2013	2012	2011

Range of the closing price on date of grant	$24.53 - $30.72	$23.08 - $25.20	$21.74 - $28.05
Aggregate grant date fair value of shares vesting	$10,714	$31,346	$26,079

Substantially all of the shares vest in equal annual installments over a period of three years from the date of grant. Shares issued in exchange for PIUs, valued at the IPO price of $27, retained the vesting provisions of the time-based PIUs for which they were exchanged and fully vested in 2012. Unvested shares participate in dividends declared on the Company's common stock on a one-for-one basis.

Performance share awards

Certain of the Company's executive officers are eligible to receive performance share awards at the end of each 12 month performance period ending on June 30. The dollar value of share awards to be granted is based on the achievement of certain performance criteria pre-established annually by the Company's Compensation Committee. The number of performance shares to be awarded is variable; therefore, these awards are initially classified as liability instruments in the Company's consolidated balance sheets. The awards vest over varying schedules of up to three years.

The first annual performance period ended on June 30, 2013, resulting in awards with an aggregate value of $2.0 million. Based on the closing price of the Company's common stock on the date of grant, 66,822 share awards were granted. These shares are included in the summary of activity related to unvested share awards above. The maximum aggregate value of performance shares that may be granted for the performance period ending June 30, 2014 is $1.5 million. As of December 31, 2013, a liability of $255 thousand related to these performance share awards was reflected in the consolidated balance sheet based on management's assessment of the probability that the defined performance criteria will be achieved and the vesting terms of the awards to be granted.

Restricted share awards

In 2012, the Company granted shares of restricted stock under the 2010 Plan to certain of its officers. The restricted shares vest on varying schedules through December 31, 2014 and embody post-vesting transfer restrictions through the first anniversary of each vesting date. Restricted share activity for the years ended December 31, 2013 and 2012 is presented below:

			Weighted Average Grant Date Fair Value

Restricted share awards outstanding, December 31, 2011	—		$	—
Granted	276,429			22.27
Vested	(89,322	)		22.28


Restricted share awards outstanding, December 31, 2012	187,107			22.27
Vested	(97,786	)		22.25


Restricted share awards outstanding, December 31, 2013	89,321		$	22.28

Restricted shares were valued at the closing price of the Company's common stock at the date of grant, less a discount for lack of marketability ("DLOM") related to post-vesting transferability restrictions. The model used to calculate the DLOM first determines an estimated volatility based on historical and implied volatility of the Company's common stock and then, utilizing the estimated volatility, calculates the DLOM using both the "protective put method" and the "Asian put method." Discounts applied in valuing restricted shares granted during 2012 ranged from 7.10% to 11.55%. The aggregate fair value of restricted shares granted was $6.2 million, net of a $0.8 million DLOM. Vested and unvested restricted shares participate in dividends declared on the Company's common stock on a one-for-one basis.

Option Awards

A summary of activity related to stock option awards for the years ended December 31, 2013, 2012 and 2011 follows:

			Weighted Average Exercise Price

Option awards outstanding, December 31, 2010	981,710		$	17.04
Granted	300,000			22.31
Option awards issued in exchange for PIUs	4,534,970			27.00
Exercised	(31,029	)		10.48
Canceled or forfeited	(47,529	)		19.55


Option awards outstanding, December 31, 2011	5,738,122			25.20
Replacement options issued in conjunction with the acquisition of Herald	256,028			31.32
Exercised	(251,120	)		14.32
Canceled or forfeited	(44,242	)		34.31


Option awards outstanding, December 31, 2012	5,698,788			25.89
Exercised	(539,588	)		18.37
Canceled or forfeited	(88,261	)		43.30


Option awards outstanding, December 31, 2013	5,070,939			26.38




Exercisable at December 31, 2013	5,004,273		$	26.44

The intrinsic value of options exercised during the years ended December 31, 2013, 2012 and 2011 was $6.1 million, $2.6 million and $370 thousand, respectively.

There were no option awards granted during the year ended December 31, 2013. The grant-date fair value of option awards granted during the years ended December 31, 2012 and 2011 was determined using a Black-Scholes option pricing model incorporating the following weighted average assumptions:

	2012			2011

	Options Granted			Options Granted			Exchanged for PIUs
Expected volatility		35.97	%		42.85	%		45.00	%
Expected dividend yield		2.95	%		2.51	%		2.07	%
Expected term in years		1.7			6.0			5.1
Risk-free interest rate		0.27	%		1.07	%		1.98	%
Weighted average grant date fair value	$	4.70		$	7.19		$	9.42

Prior to the IPO, the Company's common stock was not traded on an exchange. Expected volatility for options granted in exchange for PIUs in conjunction with the IPO was based on the volatility of comparable peer banks. Due to limited trading history in the Company's common stock, expected volatility for options granted subsequent to the IPO was estimated using both the volatility of the Company's common stock since it began trading and the volatility of peer companies. At the time these options were granted, the Company had limited exercise history related to stock option awards. Therefore, the simplified method provided for in Staff Accounting Bulletin 14 was used to estimate the expected term.

Additional information about options outstanding and exercisable at December 31, 2013 is presented in the following table:

	Outstanding Options						Exercisable Options

Range of Exercise Prices	Number of Options		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)		Number of Options		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
$10.00 - $13.39		78,110		5.73	$	1,701		78,110		5.73	$	1,701
$15.94 - $19.97		107,218		6.38		1,612		107,218		6.38		1,612
$21.36 - $22.31		332,956		7.63		3,540		266,290		7.55		2,832
$27		4,534,970		7.09		26,847		4,534,970		7.09		26,847
$63.74		17,685		4.95		—		17,685		4.95		—


		5,070,939		7.08	$	33,700		5,004,273		7.07	$	32,992

Profits Interests Units

In conjunction with the IPO, the PIUs outstanding were exchanged for a combination of vested and unvested shares of the Company's common stock and vested and unvested stock options. The unvested shares and vested stock options participate in dividends declared on the Company's common stock on a one-for-one basis. The unvested stock options participated on a one-for-one basis in dividends declared on common stock until they vested. All of these instruments have vested. In the first quarter of 2011 in conjunction with the IPO, the Company recorded approximately $110.4 million in compensation expense related to the exchange and vesting of PIUs. This expense, which was not deductible for tax purposes, resulted in an offsetting increase in paid-in capital.

Deferred Compensation Plan

The Company has a non-qualified deferred compensation plan (the "Deferred Compensation Plan") for a select group of highly compensated employees whereby a participant, upon election, may defer a portion of eligible compensation. The Deferred Compensation Plan provides for Company contributions equal to 100% of the first 1% plus 70% of the next 5% of eligible compensation deferred. The Company credits each participant's account at an annual interest rate determined by the Company's Compensation Committee. The Company accrued interest on the deferred obligation at an annual rate of 6% for the years ended December 31, 2013, 2012 and 2011. A participant's elective deferrals and interest thereon are at all times 100% vested. Company contributions and interest thereon will become 100% vested upon the earlier of a change in control, as defined, or the participant's death, disability, attainment of normal retirement age or the completion of two years of service. Participant deferrals and any associated earnings will be paid upon separation from service or the specified distribution year elected. The specified distribution year can be no earlier than the third calendar year after the calendar year in which the participant deferrals and or Company contributions are made. A participant may elect to be paid in a lump sum or in five, ten or fifteen annual installments. Deferred compensation expense for this plan was $373 thousand, $312 thousand and $217 thousand for the years ended December 31, 2013, 2012 and 2011, respectively.

BankUnited 401(k) Plan

The Company sponsors the BankUnited 401(k) Plan, a tax-qualified, deferred compensation plan (the "401(k) Plan"). Under the terms of the 401(k) Plan, eligible employees may contribute a portion of compensation not exceeding the limits set by law. Employees are eligible to participate in the plan after one month of service. The 401(k) Plan allows a matching employer contribution equal to 100% of elective deferrals that do not exceed 1% of compensation, plus 70% of elective deferrals that exceed 1% but are less than 6% of compensation. Matching contributions are fully vested after two years of service. For the years ended December 31, 2013, 2012 and 2011, BankUnited made matching contributions to the 401(k) Plan of approximately $4.1 million, $3.6 million and $3.0 million, respectively.

Regulatory Requirements and Restrictions

12 Months Ended

Dec. 31, 2013

Regulatory Requirements and Restrictions [Abstract]

Regulatory Requirements and Restrictions

Note 16 Regulatory Requirements and Restrictions

The Company and its banking subsidiaries are subject to various regulatory capital requirements administered by Federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory—and possibly additional discretionary—actions by regulators that, if undertaken, could have a direct material effect on the Company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and its banking subsidiaries must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance-sheet items calculated pursuant to regulation. The capital amounts and classification also are subject to qualitative judgments by the regulators about components, risk weightings and other factors. Banking regulations identify five capital categories for insured depository institutions: well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. As of December 31, 2013 and 2012, all capital ratios of the Company and its banking subsidiaries exceeded the "well capitalized" levels under the regulatory framework for prompt corrective action. Quantitative measures established by regulation to ensure capital adequacy require the Company and its banking subsidiaries to maintain minimum amounts and ratios of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital to average tangible assets (leverage ratio).

The following tables provide information regarding regulatory capital for the Company and its banking subsidiaries as of December 31, 2013 and 2012 (dollars in thousands):

	2013

	Actual					Required to be Considered Well Capitalized						Required to be Considered Adequately Capitalized
	Amount		Ratio			Amount			Ratio			Amount		Ratio
BankUnited, Inc.:
Tier 1 leverage	$	1,801,848		12.42	%		N/A	(1)		N/A	(1)	$	580,454		4.00	%
Tier 1 risk-based capital	$	1,801,848		21.06	%	$	513,439			6.00	%	$	342,293		4.00	%
Total risk based capital	$	1,876,640		21.93	%	$	855,732			10.00	%	$	684,586		8.00	%
BankUnited:
Tier 1 leverage	$	1,519,285		10.58	%	$	718,098			5.00	%	$	574,479		4.00	%
Tier 1 risk-based capital	$	1,519,285		18.06	%	$	504,822			6.00	%	$	336,548		4.00	%
Total risk based capital	$	1,592,564		18.93	%	$	841,371			10.00	%	$	673,097		8.00	%

	2012

	Actual					Required to be Considered Well Capitalized						Required to be Considered Adequately Capitalized
	Amount		Ratio			Amount			Ratio			Amount		Ratio
BankUnited, Inc.:
Tier 1 leverage	$	1,646,120		13.16	%		N/A	(1)		N/A	(1)	$	500,402		4.00	%
Tier 1 risk-based capital	$	1,646,120		33.60	%	$	293,952			6.00	%	$	195,968		4.00	%
Total risk based capital	$	1,708,907		34.88	%	$	489,920			10.00	%	$	391,936		8.00	%
BankUnited:
Tier 1 leverage	$	1,304,980		11.01	%	$	592,836			5.00	%	$	474,269		4.00	%
Tier 1 risk-based capital	$	1,304,980		29.12	%	$	268,903			6.00	%	$	179,269		4.00	%
Total risk based capital	$	1,361,736		30.38	%	$	448,173			10.00	%	$	358,538		8.00	%
Herald:
Tier 1 leverage	$	91,249		18.78	%	$	24,294			5.00	%	$	19,435		4.00	%
Tier 1 risk-based capital	$	91,249		31.67	%	$	17,287			6.00	%	$	11,525		4.00	%
Total risk based capital	$	92,998		32.28	%	$	28,810			10.00	%	$	23,048		8.00	%

(1): There is no Tier 1 leverage ratio component in the definition of a well-capitalized bank holding company.

For purposes of risk based capital computations, the FDIC Indemnification asset and the covered assets are risk-weighted at 20% due to the conditional guarantee represented by the Loss Sharing Agreements.

BankUnited is subject to various regulatory restrictions relating to the payment of dividends, including requirements to maintain capital at or above certain minimums, and to remain "well-capitalized" under the prompt corrective action regulations. The Company does not expect that any of these laws, regulations or policies will materially affect the ability of BankUnited to pay dividends in the future.

BankUnited is required by the Board of Governors of the Federal Reserve System to maintain reserve balances in the form of vault cash or deposits with the Federal Reserve Bank. At December 31, 2013, the reserve requirement for BankUnited was $24 million.

Fair Value Measurements

12 Months Ended

Dec. 31, 2013

Fair Value Measurements [Abstract]

Fair Value Measurements

Note 17 Fair Value Measurements

Assets and liabilities measured at fair value on a recurring basis

Following is a description of the methodologies used to estimate the fair values of assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which those measurements are typically classified.

Investment securities available for sale—Fair value measurements are based on quoted prices in active markets when available; these measurements are classified within level 1 of the fair value hierarchy. These securities typically include U.S. Treasury securities, certain preferred stocks and mutual funds. If quoted prices in active markets are not available, fair values are estimated using quoted prices of securities with similar characteristics, quoted prices of identical securities in less active markets, discounted cash flow techniques, or matrix pricing models. Investment securities available for sale that are generally classified within level 2 of the fair value hierarchy include U.S. Government agency securities, U.S. Government agency and sponsored enterprise mortgage-backed securities, preferred stock investments for which level 1 valuations are not available, corporate debt securities, non-mortgage asset-backed securities, certain private label mortgage-backed securities, Re-Remics, private label commercial mortgage-backed securities, collateralized loan obligations, state and municipal obligations and U.S. Small Business Administration securities. Pricing of these securities is generally primarily spread driven. Observable inputs that may impact the valuation of these securities include benchmark yield curves, credit spreads, reported trades, dealer quotes, bids, issuer spreads, current rating, historical constant prepayment rates, historical voluntary prepayment rates, structural and waterfall features of individual securities, published collateral data, and for certain securities, historical constant default rates and default severities. Investment securities available for sale generally classified within level 3 of the fair value hierarchy include certain private label mortgage-backed securities and trust preferred securities. The Company typically values these securities using internally developed or third-party proprietary pricing models, primarily discounted cash flow valuation techniques, which incorporate both observable and unobservable inputs. Unobservable inputs that may impact the valuation of these securities include risk adjusted discount rates, projected prepayment rates, projected default rates and projected loss severity.

Derivative financial instruments—Interest rate swaps are predominantly traded in over-the-counter markets and, as such, values are determined using widely accepted discounted cash flow modeling techniques. These discounted cash flow models use projections of future cash payments and receipts that are discounted at mid-market rates. Observable inputs that may impact the valuation of these instruments include LIBOR swap rates, LIBOR forward yield curves and counterparty credit risk spreads. These fair value measurements are generally classified within level 2 of the fair value hierarchy. Loan commitment derivatives are priced based on a bid pricing convention adjusted based on the Company's historical fallout rates. Fallout rates are a significant unobservable input; therefore, these fair value measurements are classified within level 3 of the fair value hierarchy. The fair value of loan commitment derivatives is nominal.

The following tables present assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012 (in thousands):

	2013

	Level 1		Level 2		Level 3		Total
Investment securities available for sale:
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	—	$	1,574,303	$	—	$	1,574,303
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		26,777		—		26,777
Re-Remics		—		271,785		—		271,785
Private label residential mortgage-backed securities and CMOs		—		110,710		199,408		310,118
Private label commercial mortgage-backed securities		—		808,772		—		808,772
Non-mortgage asset-backed securities		—		178,994		—		178,994
Mutual funds and preferred stocks		149,427		250		—		149,677
Small Business Administration securities		—		308,937		—		308,937
Other debt securities		—		3,160		4,601		7,761
Derivative assets		—		21,831		35		21,866


Total assets at fair value	$	149,427	$	3,305,519	$	204,044	$	3,658,990




Derivative liabilities	$	—	$	43,788	$	3	$	43,791


Total liabilities at fair value	$	—	$	43,788	$	3	$	43,791

	2012

	Level 1		Level 2		Level 3		Total
Investment securities available for sale:
U.S. Treasury and Government agency securities	$	20,141	$	15,013	$	—	$	35,154
U.S. Government agency and sponsored enterprise residential mortgage-backed securities		—		1,584,523		—		1,584,523
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		60,416		—		60,416
Re-Remics		—		585,042		—		585,042
Private label residential mortgage-backed securities and CMOs		—		205,027		243,058		448,085
Private label commercial mortgage-backed securities		—		433,092		—		433,092
Collateralized loan obligations		—		253,188		—		253,188
Non-mortgage asset-backed securities		—		241,346		—		241,346
Mutual funds and preferred stocks		149,279		374		—		149,653
State and municipal obligations		—		25,353		—		25,353
Small Business Administration securities		—		339,610		—		339,610
Other debt securities		—		12,777		4,173		16,950
Derivative assets		—		4,908		—		4,908


Total assets at fair value	$	169,420	$	3,760,669	$	247,231	$	4,177,320




Derivative liabilities	$	—	$	55,712	$	29	$	55,741


Total liabilities at fair value	$	—	$	55,712	$	29	$	55,741

There were no transfers of financial assets between levels of the fair value hierarchy during the year ended December 31, 2013.

During the year ended December 31, 2012, certain non-covered private label residential mortgage-backed securities and certain non-mortgage asset-backed securities with an aggregate fair value of $271 million were transferred from level 3 to level 2 of the fair value hierarchy. Activity in the market for these securities had increased such that unobservable inputs were no longer significant to the valuation process.

During the year ended December 31, 2011, financial institution preferred stocks with a fair value of $200 million were transferred from level 2 to level 1 of the fair value hierarchy. Activity in the market for these securities had increased, enabling management to obtain quoted prices in a market considered to be active for identical securities on the measurement date. Non-mortgage asset-backed securities with a fair value of $65 million were transferred from level 2 to level 3 of the fair value hierarchy due to an increase in the significance of unobservable inputs to the valuation of the securities transferred. Re-Remics, private label commercial mortgage-backed securities, and non-mortgage asset-backed securities with a fair value of $780 million were transferred from level 3 to level 2 of the fair value hierarchy due to an increase in the level of market activity for these securities such that unobservable inputs were no longer considered significant to the valuation process.

The following tables reconcile changes in the fair value of assets and liabilities measured at fair value on a recurring basis and classified in level 3 of the fair value hierarchy for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013

	Private Label Residential Mortgage-Backed Securities			Other Debt Securities			Derivative Assets		Derivative Liabilities
Balance at beginning of period	$	243,058		$	4,173		$	—	$	(29	)
Gains (losses) for the period included in:
Net income		—			—			35		26
Other comprehensive income		(2,157	)		691			—		—
Premium and discount (amortization) accretion		12,470			61			—		—
Purchases or issuances		—			—			—		—
Sales		—			—			—		—
Settlements		(53,963	)		(324	)		—		—
Transfers into level 3		—			—			—		—
Transfers out of level 3		—			—			—		—


Balance at end of period	$	199,408		$	4,601		$	35	$	(3	)

	2012

	Private Label Residential Mortgage-Backed Securities			Non-Mortgage Asset-Backed Securities			Other Debt Securities			Derivative Liabilities
Balance at beginning of period	$	387,687		$	79,870		$	3,159		$	—
Gains (losses) for the period included in:
Net income		—			—			—			(29	)
Other comprehensive income		16,629			1,482			1,234			—
Premium and discount (amortization) accretion		12,713			443			63			—
Purchases or issuances		167,300			—			—			—
Sales		—			—			—			—
Settlements		(136,244	)		(15,499	)		(283	)		—
Transfers into level 3		—			—			—			—
Transfers out of level 3		(205,027	)		(66,296	)		—			—


Balance at end of period	$	243,058		$	—		$	4,173		$	(29	)

	2011

	Re-Remics			Private Label Residential Mortgage-Backed Securities			Private Label Commercial Mortgage-Backed Securities			Non-Mortgage Asset-Backed Securities			Other Debt Securities			FDIC Warrant			PIU Liability			Derivative Liabilities
Balance at beginning of period	$	612,631		$	382,920		$	—		$	130,610		$	3,943		$	(25,000	)	$	(44,964	)	$	(78	)
Gains (losses) for the period included in:
Net income		—			—			—			—			—			—			—			78
Other comprehensive income		(9,949	)		(18,135	)		6,033			(3,256	)		(771	)		—			—			—
Premium and discount (amortization) accretion		1,430			17,595			2,171			(4,872	)		84			—			—			—
Purchases or issuances		—			93,594			178,370			140,922			—			—			—			—
Sales		—			—			—			(14,978	)		—			—			—			—
Settlements		(145,700	)		(88,287	)		(22,856	)		(75,288	)		(97	)		25,000			44,964			—
Transfers into level 3		—			—			—			64,533			—			—			—			—
Transfers out of level 3		(458,412	)		—			(163,718	)		(157,801	)		—			—			—			—


Balance at end of period	$	—		$	387,687		$	—		$	79,870		$	3,159		$	—		$	—		$	—

Changes in the fair value of derivatives are included in the consolidated statement of income line item "Other non-interest expense."

The following table provides information about the valuation techniques and unobservable inputs used in the valuation of financial instruments falling within level 3 of the fair value hierarchy as of December 31, 2013 (dollars in thousands):

	Fair Value at December 31, 2013		Valuation Technique	Unobservable Input	Range (Weighted Average)

Private label residential mortgage-backed securities and CMOs—Covered	$	175,863	Discounted cash flow	Voluntary prepayment rate	2.70% - 20.00% (6.99%)
				Probability of default	0.02% - 19.13% (4.49%)
				Loss severity	0.00% - 55.00% (17.29%)
Private label residential mortgage-backed securities and CMOs—Non-covered	$	23,545	Discounted cash flow	Voluntary prepayment rate	9.42% - 14.64% (13.53%)
				Probability of default	0.20% - 1.42% (1.01%)
				Loss severity	0.07% - 9.46% (3.88%)

The significant unobservable inputs impacting the fair value measurement of private label residential mortgage-backed securities include voluntary prepayment rates, probability of default and loss severity given default. Generally, significant increases in any of those inputs would result in a lower fair value measurement. Alternatively, decreases in any of those inputs would result in a higher fair value measurement. The fair value measurements of those securities with higher levels of subordination will be less sensitive to changes in these unobservable inputs, while securities with lower levels of subordination will show a higher degree of sensitivity to changes in these unobservable inputs. Generally, a change in the assumption used for probability of default is accompanied by a directionally similar change in the assumption used for loss severity given default and a directionally opposite change in the assumption used for voluntary prepayment rate.

Non-covered private label residential mortgage-backed securities for which fair value measurements are classified in level 3 of the fair value hierarchy at December 31, 2013 had an aggregate fair value of $24 million. These securities consisted of senior tranches issued from 2003 to 2004 collateralized by prime fixed rate and hybrid 1-4 single family residential mortgages originated from 2002 to 2004. These securities have coupons ranging from 2.5% to 3.7%, ratings ranging from BBB- to A and subordination levels ranging from 7.3% to 11.3%.

The covered securities for which fair value measurements are categorized in level 3 of the fair value hierarchy at December 31, 2013 consisted of pooled trust preferred securities with a fair value of $5 million and private label residential mortgage-backed securities with a fair value of $176 million. The trust preferred securities are not material to the Company's financial statements. The private label mortgage-backed securities were acquired in the FSB Acquisition and vary significantly with respect to seniority, subordination, collateral type and collateral performance; however, because of the Loss Sharing Agreements, the Company has minimal risk with respect to fluctuations in the value of these securities.

The Company uses third-party pricing services in determining fair value measurements for investment securities. To obtain an understanding of the methodologies and assumptions used, management reviews written documentation provided by the pricing services, conducts interviews with valuation desk personnel, performs on-site walkthroughs and reviews model results and detailed assumptions used to value selected securities as considered necessary. Management has established a robust price challenge process that includes a review by the treasury front office of all prices provided on a monthly basis. Any price evidencing unexpected month over month fluctuations or deviations from expectations is challenged. If considered necessary to resolve any discrepancies, a price will be obtained from an additional independent valuation source. The Company does not typically adjust the prices provided, other than through this established challenge process. The results of price challenges are subject to review by executive management. The Company has also established a quarterly process whereby prices provided by its primary pricing service for a sample of securities are validated. When there are price discrepancies, the final determination of fair value is based on careful consideration of the assumptions and inputs employed by each of the pricing sources.

Assets and liabilities measured at fair value on a non-recurring basis

Following is a description of the methodologies used to estimate the fair values of assets and liabilities that may be measured at fair value on a non-recurring basis, and the level within the fair value hierarchy in which those measurements are typically classified.

Impaired loans and OREO—The carrying amount of collateral dependent impaired loans is typically based on the fair value of the underlying collateral, which may be real estate or other business assets, less estimated costs to sell. The carrying value of OREO is initially measured based on the fair value of the real estate acquired in foreclosure and subsequently adjusted to the lower of cost or estimated fair value, less estimated cost to sell. Fair values of real estate collateral are typically based on real estate appraisals which utilize market and income approaches to valuation incorporating both observable and unobservable inputs. When current appraisals are not available, the Company may use brokers' price opinions, home price indices or other available information about changes in real estate market conditions to adjust the latest appraised value available. These adjustments to appraised values may be subjective and involve significant management judgment. The fair value of collateral consisting of other business assets is generally based on appraisals that use market approaches to valuation incorporating primarily unobservable inputs. Fair value measurements related to collateral dependent impaired loans and OREO are classified within level 3 of the fair value hierarchy.

Mortgage Servicing Rights—Fair value is estimated using a discounted cash flow technique that incorporates market-based assumptions including estimated prepayment speeds, contractual servicing fees, cost to service, discount rates, escrow account earnings, ancillary income, and estimated defaults.

The following tables present assets for which non-recurring changes in fair value have been recorded for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	40,570	$	40,570	$	(1,939	)




Impaired loans	$	—	$	—	$	7,320	$	7,320	$	(22,865	)

	2012

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	76,022	$	76,022	$	(9,926	)




Impaired loans	$	—	$	—	$	5,956	$	5,956	$	(1,600	)

	2011

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	123,737	$	123,737	$	(24,569	)




Impaired loans	$	—	$	—	$	5,028	$	5,028	$	(4,254	)

The following table presents the carrying value and fair value of financial instruments as of December 31, 2013 and 2012 and the level within the fair value hierarchy in which those measurements are classified (dollars in thousands):

		2013				2012

	Level	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets:
Cash and cash equivalents	1	$	252,749	$	252,749	$	495,353	$	495,353
Investment securities available for sale	1/2/3		3,637,124		3,637,124		4,172,412		4,172,412
Non-marketable equity securities	2		152,066		152,066		133,060		133,060
Loans held for sale	2		194		197		2,129		2,151
Loans:
Covered	3		1,471,493		2,199,683		1,846,482		2,508,466
Non-covered	3		7,512,391		7,424,698		3,666,136		3,718,377
FDIC Indemnification asset	3		1,205,117		854,703		1,457,570		1,285,434
Accrued interest receivable	2		25,150		25,150		22,059		22,059
Derivative assets	2/3		21,866		21,866		4,908		4,908
Liabilities:
Demand, savings and money market deposits	2	$	7,250,401	$	7,250,401	$	5,897,362	$	5,897,362
Time deposits	2		3,282,027		3,303,358		2,640,711		2,666,780
Federal Home Loan Bank advances and other borrowings	2		2,414,313		2,417,566		1,925,094		1,937,491
Accrued interest payable	2		1,643		1,643		3,877		3,877
Derivative liabilities	2/3		43,791		43,791		55,741		55,741

The following methods and assumptions were used to estimate the fair value of each class of financial instruments, other than those described above:

The carrying amounts of certain financial instruments approximate fair value due to their short-term nature and generally negligible credit risk. These financial instruments include cash and cash equivalents, accrued interest receivable, short-term borrowings and accrued interest payable.

Non-marketable equity securities:

Non-marketable equity securities include FHLB and FRB stock. There is no market for these securities, which can be liquidated only by redemption by the issuer. These securities are carried at par, which has historically represented the redemption price and is therefore considered to approximate fair value. Non-marketable equity securities are evaluated quarterly for potential impairment.

Loans held for sale:

The fair value of conforming loans originated and held for sale is based on pricing currently available to the Company in the secondary market.

ACI and non-ACI loans:

Fair values are estimated based on a discounted cash flow analysis. Estimates of future cash flows incorporate various factors that may include the type of loan and related collateral, estimated collateral values, estimated default probability and loss severity given default, internal risk rating, whether the interest rate is fixed or variable, term of loan, whether or not the loan is amortizing and loan specific net realizable value analyses for certain commercial and commercial real estate loans. The fair values of loans accounted for in pools are estimated on a pool basis. Other loans may be grouped based on risk characteristics and fair value estimated in the aggregate when applying discounted cash flow valuation techniques. Discount rates are based on current market rates for new originations of comparable loans adjusted for liquidity and credit risk premiums that the Company believes would be required by market participants.

New loans:

Fair values of residential loans are estimated using a discounted cash flow analysis with discount rates based on yields at which similar loans are trading in the secondary market, which reflect assumptions about credit risk. Fair values of commercial and consumer loans are estimated using a discounted cash flow analysis with discount rates based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. The ALLL related to commercial and consumer loans is considered a reasonable estimate of the required adjustment to fair value to reflect the impact of credit risk. This estimate may not represent an exit value as defined in ASC 820.

FDIC indemnification asset:

The fair value of the FDIC indemnification asset has been estimated using a discounted cash flow technique incorporating assumptions about the timing and amount of future projected cash payments from the FDIC related to the resolution of covered assets. The factors that impact estimates of future cash flows are similar to those impacting estimated cash flows from ACI and non-ACI loans described above. The discount rate is determined by adjusting the risk free rate to incorporate uncertainty in the estimate of the timing and amount of future cash flows and illiquidity.

Deposits:

The fair value of demand deposits, savings accounts and money market deposits is the amount payable on demand at the reporting date. The fair value of time deposits is estimated using a discounted cash flow technique based on rates currently offered for deposits of similar remaining maturities.

Federal Home Loan Bank advances:

Fair value is estimated by discounting contractual future cash flows using the current rate at which borrowings with similar terms and remaining maturities could be obtained by the Company.

- 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

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 18 Commitments and Contingencies

The Company issues off-balance sheet financial instruments to meet the financing needs of its customers. These financial instruments include commitments to fund loans, unfunded commitments under existing lines of credit, and commercial and standby letters of credit. These commitments expose the Company to varying degrees of credit and market risk which are essentially the same as those involved in extending loans to customers, and are subject to the same credit policies used in underwriting loans. Collateral may be obtained based on the Company's credit evaluation of the counterparty. The Company's maximum exposure to credit loss is represented by the contractual amount of these commitments. Amounts funded under non-cancellable commitments in effect at the date of the FSB Acquisition are covered under the Loss Sharing Agreements if certain conditions are met.

Commitments to fund loans:

These are agreements to lend funds to customers as long as there is no violation of any condition established in the contract. Commitments to fund loans generally have fixed expiration dates or other termination clauses and may require payment of a fee. Many of these commitments are expected to expire without being funded and, therefore, the total commitment amounts do not necessarily represent future liquidity requirements.

Unfunded commitments under lines of credit:

Unfunded commitments under lines of credit include commercial, commercial real estate, home equity and consumer lines of credit to existing customers. Some of these commitments may mature without being fully funded.

Commercial and standby letters of credit:

Letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These letters of credit are primarily issued to support trade transactions or guarantee arrangements. Fees collected on standby letters of credit represent the fair value of those commitments and are deferred and amortized over their term, which is typically one year or less. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers.

Total lending related commitments outstanding at December 31, 2013 were as follows (in thousands):

	Covered		Non-Covered		Total

Commitments to fund loans	$	—	$	685,384	$	685,384
Commitments to purchase loans		—		66,290		66,290
Unfunded commitments under lines of credit		51,085		920,638		971,723
Commercial and standby letters of credit		—		50,468		50,468


	$	51,085	$	1,722,780	$	1,773,865

Legal Proceedings

The Company is involved as plaintiff or defendant in various legal actions arising in the normal course of business. In the opinion of management, based upon advice of legal counsel, the likelihood is remote that the impact of these proceedings, either individually or in the aggregate, would be material to the Company's consolidated financial position, results of operations or cash flows.

Condensed Financial Statements of BankUnited, Inc.

12 Months Ended

Dec. 31, 2013

Condensed Financial Statements of BankUnited, Inc. [Abstract]

Condensed Financial Statements of BankUnited, Inc.

Note 19 Condensed Financial Statements of BankUnited, Inc.

Condensed financial statements of BankUnited, Inc. are presented below (in thousands):

Condensed Balance Sheets

	December 31, 2013		December 31, 2012

Assets:
Cash and cash equivalents	$	132,293	$	52,989
Investment securities available for sale, at fair value		132,262		155,688
Investment in subsidiaries		1,643,939		1,554,153
Deferred tax asset, net		15,043		14,973
Other assets		31,254		32,582


Total assets	$	1,954,791	$	1,810,385




Liabilities and Stockholders' Equity:
Liabilities	$	26,093	$	3,705
Stockholders' equity		1,928,698		1,806,680


Total liabilities and stockholders' equity	$	1,954,791	$	1,810,385

Condensed Statements of Income

	Years Ended December 31,

	2013			2012			2011
Income:
Interest and dividends on investment securities available for sale	$	5,647		$	3,890		$	2,033
Service fees from subsidiaries		6,293			14,043			25,659
Equity in earnings of subsidiaries		216,240			218,154			190,134
Other		68			5,905			—


Total		228,248			241,992			217,826


Expense:
Employee compensation and benefits		18,465			26,928			145,279
Other		6,806			6,914			7,858


Total		25,271			33,842			153,137


Income before income taxes		202,977			208,150			64,689
Provision (benefit) for income taxes		(5,959	)		(3,110	)		1,521


Net income	$	208,936		$	211,260		$	63,168

Condensed Statements of Cash Flows

	Years Ended December 31,

	2013			2012			2011
Cash flows from operating activities:
Net income	$	208,936		$	211,260		$	63,168
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries		(116,240	)		(118,154	)		(75,134	)
Equity based compensation		13,429			23,204			144,769
Other		5,774			(5,529	)		(883	)


Net cash provided by operating activities		111,899			110,781			131,920


Cash flows from investing activities:
Capital contributions to subsidiary		—			(30,000	)		—
Purchase of investment securities available for sale		—			(99,710	)		(123,367	)
Proceeds from repayments, sale, maturities and calls of investment securities available for sale		19,851			53,094			17,812
Cash paid in business combination		—			(25,164	)		—
Other		79			(326	)		(223	)


Net cash provided by (used in) investing activities		19,930			(102,106	)		(105,778	)


Cash flows from financing activities:
Issuance of common stock		—			—			98,620
Dividends paid		(65,225	)		(89,021	)		(55,803	)
Settlement of FDIC warrant liability		—			—			(25,000	)
Other		12,700			5,209			931


Net cash provided by (used in) financing activities		(52,525	)		(83,812	)		18,748


Net increase (decrease) in cash and cash equivalents		79,304			(75,137	)		44,890
Cash and cash equivalents, beginning of period		52,989			128,126			83,236


Cash and cash equivalents, end of period	$	132,293		$	52,989		$	128,126




*Supplemental schedule of non-cash investing and financing activities:*
Dividends declared, not paid	$	21,833		$	—		$	14,930




Equity consideration issued in business combination	$	—		$	39,861		$	—




Reclassification of liability awards to equity	$	507		$	—		$	44,964

BankUnited, Inc.'s investment in the Bank totaled $1.6 billion at December 31, 2013 and 2012. Dividends received by BankUnited, Inc. from the Bank totaled $100 million for the years ended December 31, 2013 and 2012, and $115 million for the year ended December 31, 2011.

Subsequent Events

12 Months Ended

Dec. 31, 2013

Subsequent Events [Abstract]

Subsequent Events

Note 20 Subsequent Events

Subsequent to December 31, 2013, we requested and received approval from the FDIC to sell certain covered commercial and consumer loans. Loans that had a carrying value of approximately $87 million at December 31, 2013 will be transferred to loans held for sale at the lower of carrying value or estimated fair value during the quarter ending March 31, 2014, and any resulting adjustment to the amount of indemnification expected to be received from the FDIC with respect to such loans will be recorded. The carrying value of such loans at the date of sale may differ from their carrying value at December 31, 2013 due to normal, ongoing payment and resolution activity. We are in the process of finalizing the determination of estimated fair value of the loans to be transferred to the held for sale category and the related impact on the FDIC indemnification asset.

Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information [Abstract]

Quarterly Financial Information (Unaudited)

Note 21 Quarterly Financial Information (Unaudited)

Financial information by quarter for the years ended December 31, 2013 and 2012 follows (in thousands, except per share data):

	2013

	Fourth Quarter		Third Quarter		Second Quarter		First Quarter		Total
Interest income	$	188,664	$	187,684	$	186,098	$	176,375	$	738,821
Interest expense		24,409		23,566		22,048		22,588		92,611


Net interest income before provision for loan losses		164,255		164,118		164,050		153,787		646,210
Provision for loan losses		12,512		2,604		4,881		11,967		31,964


Net interest income after provision for loan losses		151,743		161,514		159,169		141,820		614,246


Non-interest income		5,850		1,333		6,080		17,843		31,106
Non-interest expense		84,204		84,290		78,347		80,509		327,350


Income before income taxes		73,389		78,557		86,902		79,154		318,002
Provision for income taxes		20,996		24,248		32,894		30,928		109,066


Net income	$	52,393	$	54,309	$	54,008	$	48,226	$	208,936




Earnings per common share, basic	$	0.50	$	0.52	$	0.52	$	0.48	$	2.03




Earnings per common share, diluted	$	0.50	$	0.52	$	0.52	$	0.47	$	2.01

	2012

	Fourth Quarter		Third Quarter		Second Quarter		First Quarter		Total
Interest income	$	202,346	$	170,305	$	177,915	$	170,290	$	720,856
Interest expense		27,782		30,888		32,118		32,481		123,269


Net interest income before provision for loan losses		174,564		139,417		145,797		137,809		597,587
Provision for loan losses		1,030		6,374		2,725		8,767		18,896


Net interest income after provision for loan losses		173,534		133,043		143,072		129,042		578,691


Non-interest income(1)(2)		5,499		25,684		21,666		36,398		89,247
Non-interest expense		78,702		77,222		83,031		84,118		323,073


Income before income taxes		100,331		81,505		81,707		81,322		344,865
Provision for income taxes		37,829		31,948		32,778		31,050		133,605


Net income	$	62,502	$	49,557	$	48,929	$	50,272	$	211,260




Earnings per common share, basic	$	$0.61	$	$0.48	$	$0.48	$	$0.49	$	2.05




Earnings per common share, diluted	$	$0.61	$	$0.48	$	$0.48	$	$0.49	$	2.05

(1): Non-interest income for the fourth quarter of 2012 includes a loss from the extinguishment of Federal Home Loan Bank advances of $14.2 million. See Note 11.
(2): Non-interest income for the fourth quarter of 2012 includes a loss from the termination of an interest rate swap of $8.7 million. See Note 13.

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Accounting Estimates, Policy	*Accounting Estimates* In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses and disclosures of contingent assets and liabilities. Actual results could differ significantly from these estimates. Significant estimates include the allowance for loan and lease losses, the amount and timing of expected cash flows from covered assets and the FDIC indemnification asset, the fair values of investment securities and other financial instruments and the valuation of OREO. Management has used information provided by third party valuation specialists to assist in the determination of the fair values of investment securities and OREO. Significant estimates were also made in the determination of the fair values of assets acquired and liabilities assumed in the FSB Acquisition, including loans acquired with evidence of deterioration in credit quality since origination, the FDIC indemnification asset, investment securities, OREO and goodwill.
Principles of Consolidation, Policy	*Principles of Consolidation* The consolidated financial statements include the accounts of BankUnited, Inc., its wholly-owned subsidiary and BankUnited Investment Services, Inc. ("BUIS"). BUIS was a Florida insurance agency providing wealth management and financial planning services. The operations of BUIS were discontinued in May 2013 and were not significant to the consolidated results of operations or financial position of the Company for any period presented. All significant intercompany balances and transactions have been eliminated in consolidation.
Fair Value Measurements, Policy	*Fair Value Measurements* Certain of the Company's assets and liabilities are reflected in the financial statements at fair value on either a recurring or non-recurring basis. Investment securities available for sale and derivative instruments are measured at fair value on a recurring basis. Assets measured at fair value or fair value less cost to sell on a non-recurring basis may include collateral dependent impaired loans, OREO, loans held for sale, goodwill, mortgage servicing rights and assets acquired and liabilities assumed in business combinations. These non-recurring fair value measurements typically involve the application of acquisition accounting, lower-of-cost-or-market accounting or the measurement of impairment of certain assets. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. GAAP establishes a hierarchy that prioritizes inputs used to determine fair value measurements into three levels based on the observability and transparency of the inputs: Level 1 inputs are unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. Estimated fair values of U. S. Treasury securities, certain preferred stocks and mutual fund investments are generally based on level 1 inputs. Level 2 inputs are observable inputs other than level 1 inputs, including quoted prices for similar assets and liabilities, quoted prices for identical assets and liabilities in less active markets and other inputs that can be corroborated by observable market data. Estimated fair values of U. S. Government agency and sponsored enterprise securities, certain private label mortgage-backed and non-mortgage asset-backed securities, collateralized loan obligations, certain preferred stocks, state and municipal obligations, certain other debt securities and most derivatives are generally based on level 2 inputs. Level 3 inputs are unobservable inputs supported by limited or no market activity or data and inputs requiring significant management judgment or estimation. Estimated fair values of certain private label mortgage-backed securities, certain other debt securities, OREO and collateral dependent impaired loans may be based on level 3 inputs. Valuation techniques utilizing level 3 inputs include option pricing models, discounted cash flow models and similar techniques. The fair value hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs in estimating fair value. Unobservable inputs are utilized in determining fair value measurements only to the extent that observable inputs are unavailable. The need to use unobservable inputs generally results from a lack of market liquidity and diminished observability of actual trades or assumptions that would otherwise be available to value a particular asset or liability. Transfers between levels of the fair value hierarchy are recorded as of the end of the reporting period.
Cash and Cash Equivalents, Policy	*Cash and Cash Equivalents* Cash and cash equivalents include cash and due from banks, both interest bearing and non-interest bearing, amounts on deposit at the Federal Reserve Bank and federal funds sold. Cash equivalents have original maturities of three months or less.
Investment Securities Available for Sale, Policy	*Investment Securities Available for Sale* Debt securities that the Company may not have the intent to hold to maturity and marketable equity securities are classified as available for sale at the time of acquisition and carried at fair value with unrealized gains and losses, net of tax, excluded from earnings and reported in accumulated other comprehensive income ("AOCI"), a separate component of stockholders' equity. Securities classified as available for sale may be used as part of the Company's asset/liability management strategy and may be sold in response to liquidity needs, regulatory changes or changes in interest rates, prepayment risk or other market factors. Currently, all of the Company's investment securities are classified as available for sale. The Company does not maintain a trading or held to maturity portfolio. Purchase premiums and discounts on debt securities are amortized as adjustments to yield over the expected lives of the securities using the level yield method. Realized gains and losses from sales of securities are recorded on the trade date and are determined using the specific identification method. The Company reviews investment securities available for sale for other-than-temporary impairment ("OTTI") on a quarterly basis or more frequently if events and circumstances indicate that a potential impairment may have occurred. An investment security is impaired if its fair value is lower than its amortized cost basis. The Company considers many factors in determining whether a decline in fair value below amortized cost represents OTTI, including, but not limited to: • the Company's intent to hold the security until maturity or for a period of time sufficient for a recovery in value; • whether it is more likely than not that the Company will be required to sell the security prior to recovery of its amortized cost basis; • the length of time and extent to which fair value has been less than amortized cost; • adverse changes in expected cash flows; • collateral values and performance; • the payment structure of the security including levels of subordination or over-collateralization; • changes in the economic or regulatory environment; • the general market condition of the geographic area or industry of the issuer; • the issuer's financial condition, performance and business prospects; and • changes in credit ratings. The relative importance assigned to each of these factors varies depending on the facts and circumstances pertinent to the individual security being evaluated. The Company recognizes OTTI of a debt security for which there has been a decline in fair value below amortized cost if (i) management intends to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost basis of the security. The amount by which amortized cost exceeds the fair value of a debt security that is considered to be other-than-temporarily impaired is separated into a component representing the credit loss, which is recognized in earnings, and a component related to all other factors, which is recognized in other comprehensive income. The measurement of the credit loss component is equal to the difference between the debt security's amortized cost basis and the present value of its expected future cash flows discounted at the security's effective yield. If the Company intends to sell the security, or if it is more likely than not it will be required to sell the security before recovery, an OTTI write-down is recognized in earnings equal to the entire difference between the amortized cost basis and fair value of the security. The evaluation of OTTI of marketable equity securities focuses on whether evidence supports recovery of the unrealized loss within a timeframe consistent with temporary impairment. The entire amount by which cost basis exceeds the fair value of an equity security that is considered to be other-than-temporarily impaired is recognized in earnings.
Federal Reserve Bank Stock, Policy	*Federal Reserve Bank Stock* The Bank, as a member of the Federal Reserve Bank ("FRB") system, is required to maintain an investment in the stock of the FRB. No market exists for this stock, and the investment can be liquidated only through redemption by the FRB, at the discretion of and subject to conditions imposed by the FRB. The stock has no readily determinable fair value and is carried at cost.
Federal Home Loan Bank Stock, Policy	*Federal Home Loan Bank Stock* The Bank, as a member of the Federal Home Loan Bank ("FHLB") system, is required to maintain an investment in the stock of the FHLB. No market exists for this stock, and the investment can be liquidated only through redemption by the FHLB, at the discretion of and subject to conditions imposed by the FHLB. The stock has no readily determinable fair value and is carried at cost. Historically, FHLB stock redemptions have been at par value, which equals the Company's carrying value. The Company monitors its investment in FHLB stock for impairment through review of recent financial results of the FHLB, including capital adequacy and liquidity position, dividend payment history, redemption history and information from credit agencies. The Company has not identified any indicators of impairment of FHLB stock.
Loans Held for Sale, Policy	*Loans Held for Sale* Mortgage loans originated with the intent to sell in the secondary market are carried at the lower of cost or fair value, determined in the aggregate. These loans are generally sold on a non-recourse basis with servicing released. Gains and losses on the sale of loans recognized in earnings are measured based on the difference between proceeds received and the carrying amount of the loans, inclusive of deferred origination fees and costs, if any. Loans not originated for sale in the secondary market and not otherwise acquired with the intent to sell are transferred into the held for sale classification at the lower of carrying amount or fair value when they are specifically identified as being available for sale and a formal plan exists to sell them. Acquired credit impaired loans accounted for in pools are removed from the pools at their carrying amounts when they are sold.
Loans, Policy	*Loans* The Company's loan portfolio contains 1-4 single family residential first mortgages, home equity loans and lines of credit, multi-family, commercial real estate, construction and land, commercial and industrial and consumer loans and small business, equipment and municipal direct financing leases. A portion of the Company's loan portfolio consists of loans acquired from the FDIC in the FSB Acquisition, the substantial majority of which are covered under the Loss Sharing Agreements. These loans are referred to as covered loans. The Company segregates its loan portfolio between covered and non-covered loans. Non-covered loans are primarily those originated or purchased since the FSB Acquisition ("new loans"). Loans acquired in the FSB Acquisition are further segregated between those acquired with evidence of deterioration in credit quality since origination (Acquired Credit Impaired or "ACI" loans) and those acquired without evidence of deterioration in credit quality since origination ("non-ACI" loans).
ACI Loans, Policy	ACI Loans ACI loans are those for which, at acquisition, management determined it probable that the Company would be unable to collect all contractual principal and interest payments due. These loans were recorded at estimated fair value at the time of the FSB Acquisition, measured as the present value of all cash flows expected to be received, discounted at an appropriately risk-weighted discount rate. Initial cash flow expectations incorporated significant assumptions regarding prepayment rates, frequency of default and loss severity. The difference between total contractually required payments on ACI loans and the cash flows expected to be received represents non-accretable difference. The excess of all cash flows expected to be received over the Company's recorded investment in the loans represents accretable yield and is recognized as interest income on a level-yield basis over the expected life of the loans. The Company aggregated ACI 1-4 single family residential mortgage loans and home equity loans and lines of credit with similar risk characteristics into homogenous pools at acquisition. A composite interest rate and composite expectations of future cash flows are used in accounting for each pool. These loans were aggregated into pools based on the following characteristics: • delinquency status; • product type, in particular, amortizing as opposed to payment option products; • loan-to-value ratio; and • borrower FICO score. Loans that do not have similar risk characteristics, primarily commercial and commercial real estate loans, are accounted for on an individual loan basis using interest rates and expectations of cash flows for each loan. The Company is required to develop reasonable expectations about the timing and amount of cash flows to be collected related to ACI loans and to continue to update those estimates over the lives of the loans. Expected cash flows from ACI loans are updated quarterly. If it is probable that the Company will be unable to collect all the cash flows expected from a loan or pool at acquisition plus additional cash flows expected to be collected arising from changes in estimates after acquisition, the loan or pool is considered impaired and a valuation allowance is established by a charge to the provision for loan losses. If there is a significant increase in expected cash flows from a loan or pool, the Company first reduces any valuation allowance previously established by the amount of the increase in the present value of expected cash flows, and then recalculates the amount of accretable yield for that loan or pool. The adjustment of accretable yield due to an increase in expected cash flows, as well as changes in expected cash flows due to changes in interest rate indices and changes in prepayment assumptions is accounted for prospectively as a change in yield. Additional cash flows expected to be collected are transferred from non-accretable difference to accretable yield and the amount of periodic accretion is adjusted accordingly over the remaining life of the loan or pool. The Company may resolve an ACI loan either through a sale of the loan, by working with the customer and obtaining partial or full repayment, by short sale of the collateral, or by foreclosure. When a loan accounted for in a pool is resolved, it is removed from the pool at its carrying amount. In the event of a sale of the loan, the Company recognizes a gain or loss on sale based on the difference between the sales proceeds and the carrying amount of the loan. For loans resolved through pre-payment or short sale of the collateral, the Company recognizes the difference between the amount of the payment received and the carrying amount of the loan in the income statement line item "Income from resolution of covered assets, net". For loans resolved through foreclosure, the difference between the fair value of the collateral obtained through foreclosure less estimated cost to sell and the carrying amount of the loan is recognized in the income statement line item "Income from resolution of covered assets, net". Any remaining accretable discount related to loans not accounted for in pools that are resolved by full or partial pre-payment, short sale or foreclosure is recognized in interest income at the time of resolution, to the extent collected. Accretable discount represents the cumulative undiscounted difference between the contractual interest on the loan and the interest recognized based on the accretion rate. Payments received earlier than expected or in excess of expected cash flows from sales or other resolutions may result in the carrying value of a pool being reduced to zero even though outstanding contractual balances and expected cash flows remain related to loans in the pool. Once the carrying value of a pool is reduced to zero, any future proceeds, which may include cash or real estate acquired in foreclosure, from the remaining loans, representing further realization of accretable yield, are recognized as interest income upon receipt. As of December 31, 2013, the portfolio included one pool whose carrying value had been reduced to zero.
Non-ACI Loans, Policy	Non-ACI Loans Loans acquired without evidence of deterioration in credit quality since origination were initially recorded at estimated fair value on the acquisition date. Non-ACI 1-4 single family residential mortgage loans and home equity loans and lines of credit with similar risk characteristics were aggregated into pools for accounting purposes at acquisition. Loans that do not have similar risk characteristics, primarily commercial and commercial real estate loans, are accounted for on an individual loan basis. These loans are carried at the principal amount outstanding, adjusted for unamortized acquisition date fair value adjustments and the allowance for loan losses. Interest income is accrued based on the UPB and acquisition date fair value adjustments are amortized using the level-yield method over the expected lives of the related loans. For non-ACI 1-4 family residential mortgage loans accounted for in pools, prepayment estimates are used in determining the periodic amortization of acquisition date fair value adjustments using the effective yield method. Acquisition date fair value adjustments related to revolving home equity loans and lines of credit are recognized on a straight-line basis.
Nonaccrual Loans, Policy	Non-accrual Loans New and non-ACI commercial loans are placed on non-accrual status when (i) management has determined that full repayment of all contractual principal and interest is in doubt, or (ii) the loan is past due 90 days or more as to principal or interest unless the loan is well secured and in the process of collection. New and non-ACI residential and consumer loans are generally placed on non-accrual status when 90 days of interest is due and unpaid. When a loan is placed on non-accrual status, uncollected interest accrued is reversed and charged to interest income. Commercial loans are returned to accrual status only after all past due principal and interest has been collected and full repayment of remaining contractual principal and interest is reasonably assured. Residential and consumer loans are returned to accrual status when there is no longer 90 days of interest due and unpaid. When a residential or consumer loan is returned to accrual status, interest accrued at the date the loan was placed on non-accrual status along with interest foregone during the non-accrual period are recognized as interest income. Past due status of loans is determined based on the contractual next payment due date. Loans less than 30 days past due are reported as current. Contractually delinquent ACI loans are not classified as non-accrual as long as discount continues to be accreted on the loans or pools.
Impaired Loans, Policy	Impaired Loans An ACI pool or loan is considered to be impaired when it is probable that the Company will be unable to collect all the cash flows expected at acquisition, plus additional cash flows expected to be collected arising from changes in estimates after acquisition. 1-4 single family residential and home equity ACI loans accounted for in pools are evaluated collectively for impairment on a pool by pool basis based on expected pool cash flows. Commercial ACI loans are individually evaluated for impairment based on expected cash flows from the individual loans. Discount continues to be accreted on ACI loans or pools as long as there are expected future cash flows in excess of the current carrying amount of the loans or pools. New and non-ACI loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due, according to the contractual terms of the loan agreements. Commercial relationships with committed balances greater than or equal to $750,000 that have internal risk ratings of substandard or doubtful and are on non-accrual status are individually evaluated for impairment. The likelihood of loss related to loans assigned internal risk ratings of substandard or doubtful is considered elevated due to their identified credit weaknesses. Loans with well-defined credit weaknesses that may result in a loss if the identified deficiencies are not corrected are assigned an internal risk rating of substandard. Loans in this category may exhibit payment defaults, insufficient cash flows, operating losses, increasing balance sheet leverage, project cost overruns, unreasonable construction delays, exhausted interest reserves or declining collateral values. A loan with a weakness so severe that collection in full is highly questionable or improbable, but because of certain reasonably specific pending factors charge-off is not yet appropriate, will be assigned an internal risk rating of doubtful. Factors considered by management in evaluating impairment include payment status, financial condition of the borrower, collateral value, and other factors impacting the probability of collecting scheduled principal and interest payments when due.
Troubled Debt Restructurings, Policy	Troubled Debt Restructurings In certain situations due to economic or legal reasons related to a borrower's financial difficulties, the Company may grant a concession to the borrower for other than an insignificant period of time that it would not otherwise consider. At that time, except for ACI loans accounted for in pools, the related loan is classified as a troubled-debt restructuring ("TDR") and considered impaired. The concessions granted may include rate reductions, principal forgiveness, payment forbearance, extensions of maturity at rates of interest below that commensurate with the risk profile of the loans, modification of payment terms and other actions intended to minimize economic loss. A troubled-debt restructured loan is generally placed on non-accrual status at the time of the modification unless the borrower has no history of missed payments for six months prior to the restructuring. If the borrower performs pursuant to the modified loan terms for at least six months and the remaining loan balance is considered collectible, the loan is returned to accrual status. Modified ACI loans accounted for in pools are not accounted for as TDRs, are not separated from the pools and are not classified as impaired loans.
Allowance for Loan and Lease Losses, Policy	*Allowance for Loan and Lease Losses* The allowance for loan and lease losses ("ALLL") represents the amount considered adequate by management to absorb probable losses inherent in the loan portfolio at the balance sheet date. The ALLL relates to (i) new loans, (ii) estimated additional losses arising on non-ACI loans subsequent to the FSB Acquisition and (iii) additional impairment recognized as a result of decreases in expected cash flows on ACI loans due to further credit deterioration since acquisition. The ALLL consists of both specific and general components. The ALLL is established as losses are estimated to have occurred through a provision charged to earnings. Individual loans are charged off against the ALLL when management determines them to be uncollectible. An assessment of collateral value is made at no later than 120 days delinquency for new open- and closed-end loans secured by residential real estate and any outstanding loan balance in excess of fair value less cost to sell is charged off at no later than 180 days delinquency. Additionally, any outstanding balance in excess of fair value of collateral less cost to sell is charged off (i) within 60 days of receipt of notification of filing from the bankruptcy court, (ii) within 60 days of determination of loss if all borrowers are deceased or (iii) within 90 days of discovery of fraudulent activity. Non-ACI loans secured by residential real estate are generally charged off at final resolution which is consistent with the terms of the Single Family Shared Loss Agreement. Consumer loans are typically charged off at 120 days delinquency. Commercial loans are charged off when management deems them to be uncollectible. Subsequent recoveries are credited to the ALLL. New and Non-ACI Loans The new residential and home equity portfolio segments have not yet developed an observable loss trend. Due to several factors, there is a lack of similarity between the risk characteristics of new loans and covered loans in the residential and home equity portfolios. Those factors include elimination of wholesale origination channels, elimination of Alt-A and no document loans, enhancements to real estate appraisal policies, elimination of payment option loans and tightening of underwriting policies. Therefore, management does not believe it is appropriate to use the historical performance of the covered loans as a basis for calculating the ALLL applicable to the new loans. The ALLL for new 1-4 single family residential loans is based on one year loss rates on prime residential mortgage securitizations issued between 2003 and 2008. Loans included in these securitizations have credit characteristics, such as loan-to-value ("LTV") and FICO scores, considered by management to be comparable to characteristics of loans in the new 1-4 single family residential portfolio. The ALLL for new home equity loans is based on peer group average historical loss rates as described further below. Calculated loss frequency and severity percentages are applied to the dollar value of non-ACI 1-4 single family residential mortgages and home equity loans and lines of credit to calculate the ALLL. Based on an analysis of historical portfolio performance, OREO and short sale data and other internal and external factors, management has concluded that historical performance by portfolio class is the best indicator of incurred loss for the non-ACI 1-4 single family residential and home equity portfolio classes. For each of these portfolio classes, a quarterly roll rate matrix is calculated by delinquency bucket to measure the rate at which loans move from one delinquency bucket to the next during a given quarter. An average four quarter roll rate matrix is used to estimate the amount within each delinquency bucket expected to roll to 120+ days delinquent. Loss severity given default is estimated based on internal data about short sales and OREO sales for the most recent twelve months. The ALLL calculation incorporates a 100% loss severity assumption for home equity loans and lines of credit projected to roll to 120 days delinquency. The credit quality of loans in the residential portfolio segment may be impacted by fluctuations in home values, unemployment, general economic conditions, borrowers' financial circumstances and fluctuations in interest rates. The new and non-ACI commercial loan portfolios have limited delinquency history and have not exhibited an observable loss trend. The credit quality of loans in this portfolio segment is impacted by general economic conditions and other factors that may influence debt service coverage generated by the borrowers' businesses as well as fluctuations in the value of real estate and other collateral. For loans evaluated individually for impairment and determined to be impaired, a specific allowance is established based on the present value of expected cash flows discounted at the loan's effective interest rate, the estimated fair value of the loan, or for collateral dependent loans, the estimated fair value of collateral less costs to sell. Loans not individually determined to be impaired are grouped based on common risk characteristics. The ALLL for these portfolio segments is based primarily on the Bank's internal credit risk rating system and peer group average historical loss rates. The ALLL for municipal lease receivables is based on historical loss experience of a portfolio of similar loans. The peer groups used to calculate average historical loss rates consist of banks determined by management to be comparable to BankUnited based primarily on geographic location and asset size. A peer group of banks in the Southeast region of the U.S. is used for loans originated in the Florida market and a peer group of banks in the U.S. New York region is used for loans originated in the New York market. An eight quarter average of peer group historical loss rates as published by the FDIC is used. Qualitative adjustments are made to the ALLL when, based on management's judgment and experience, there are internal or external factors impacting loss frequency and severity not taken into account by the quantitative calculations. Management has categorized potential qualitative adjustments into the following categories: • Portfolio performance trends, including levels of delinquencies and non-performing loans; • Portfolio growth rates; • Exceptions to policy and credit guidelines; • Changes in credit administration management and staff; • Economic factors, including changes in and levels of real estate price indices, unemployment rates and GDP; and • Credit concentrations. ACI Loans A specific valuation allowance related to an ACI loan or pool is established when quarterly evaluations of expected cash flows indicate it is probable that the Company will be unable to collect all of the cash flows expected at acquisition plus any additional cash flows expected to be collected arising from changes in estimate after acquisition. The amount of any necessary valuation allowance is measured by comparing the carrying value of the loan or pool to the updated net present value of expected cash flows for the loan or pool. In calculating the present value of expected cash flows for this purpose, changes in cash flows related to credit related factors are isolated from those related to changes in interest rate indices or prepayment assumptions. Alternatively, an improvement in the expected cash flows related to ACI loans results in a reduction of any previously established specific allowance with a corresponding credit to the provision for loan losses. A charge-off is taken for an individual ACI commercial loan when it is deemed probable that the loan will be resolved for an amount less than its carrying value. Expected cash flows are estimated on a pool basis for ACI 1-4 single family residential and home equity loans. The analysis of expected pool cash flows incorporates updated pool level expected prepayment rate, default rate, delinquency level and loss severity given default assumptions. Prepayment, delinquency and default curves are derived primarily from roll rates generated from the historical performance of the portfolio over the immediately preceding four quarters. Loss severity given default is also generated from the historical performance of the portfolio over the immediately preceding four quarters. Estimates of default probability also incorporate updated LTV ratios, at the loan level, based on Case-Shiller Home Price Indices for the relevant Metropolitan Statistical Area ("MSA"). Costs and fees represent an additional component of loss on default and are projected using the "Making Home Affordable" cost factors provided by the Federal government. The primary assumptions underlying estimates of expected cash flows for commercial ACI loans are default probability and severity of loss given default. Generally, for commercial relationships with risk ratings of substandard or doubtful and committed balances greater than or equal to $750,000, updated cash flow assumptions are based primarily on net realizable value analyses prepared at the individual loan level. These analyses incorporate information about loan performance, collateral values, the financial condition of the borrower and other available information that may impact sources of repayment. Updated assumptions for smaller balance commercial loans are based on a combination of internal risk ratings, the Company's own historical delinquency and default severity data and industry level delinquency data. Cash flow estimates for consumer loans are based primarily on regularly updated historical performance information.
FDIC Indemnification Asset, Policy	*FDIC Indemnification Asset* The FDIC indemnification asset was initially recorded at the time of the FSB Acquisition at fair value, measured as the present value of the estimated cash payments expected from the FDIC for probable losses on covered assets. Covered assets consist of loans, OREO and certain investment securities acquired from the FDIC. The FDIC indemnification asset is measured separately from the related covered assets. It is not contractually embedded in the covered assets and it is not transferrable with the covered assets should the Company choose to dispose of them. The discount rate used to estimate the initial fair value of the FDIC indemnification asset was determined using a risk-free yield curve adjusted for a premium reflecting the uncertainty related to the collection, amount and timing of the cash flows as well as illiquidity of the asset. The discount resulting from recording the FDIC indemnification asset at present value is accreted to non-interest income using the effective interest method over the period during which cash flows from the FDIC are expected to be collected, which is limited to the lesser of the contractual term of the indemnification agreement and the remaining life of the indemnified assets. Impairment of expected cash flows from covered assets results in an increase in cash flows expected to be collected from the FDIC. These increased expected cash flows from the FDIC are recognized as increases in the FDIC indemnification asset and as non-interest income in the same period that the impairment of the covered assets is recognized in earnings. Increases in expected cash flows from covered assets result in decreases in cash flows expected to be collected from the FDIC. These decreases in expected cash flows from the FDIC are recognized immediately in earnings to the extent that they relate to a reversal of a previously recorded valuation allowance related to the covered assets. Any remaining decreases in cash flows expected to be collected from the FDIC are recognized prospectively through an adjustment of the rate of accretion or amortization on the FDIC indemnification asset, consistent with the approach taken to recognize increases in expected cash flows on the covered assets. Amortization of the FDIC indemnification asset results from circumstances in which, due to improvement in expected cash flows from the covered assets, expected cash flows from the FDIC are less than the carrying value of the FDIC indemnification asset. Gains and losses from resolution of ACI loans are included in the income statement line item "Income from resolution of covered assets, net." These gains and losses represent the difference between the expected losses from ACI loans and consideration actually received in satisfaction of such loans that were resolved either by payment in full, foreclosure, short sale or, for the non-residential portfolio, charge-offs. The Company may also realize gains or losses on the sale of covered loans, the sale or impairment of covered investment securities or the sale or impairment of covered OREO. When the Company recognizes gains or losses related to the resolution, sale or impairment of covered assets in earnings, corresponding changes in the estimated amount recoverable from the FDIC under the Loss Sharing Agreements are reflected in the consolidated financial statements as increases or decreases in the FDIC indemnification asset and in the consolidated statement of income line item "Net gain (loss) on indemnification asset." The ultimate realization of the FDIC indemnification asset is dependent upon the performance of the underlying covered assets and payment of claims by the FDIC.
Bank Owned Life Insurance, Policy	*Bank Owned Life Insurance* Bank owned life insurance is carried at the amount that could be realized under the contract at the balance sheet date, which is typically cash surrender value. Changes in cash surrender value are recorded in non-interest income.
Other Real Estate Owned, Policy	*Other Real Estate Owned* OREO consists of real estate assets acquired through, or in lieu of, loan foreclosure. These assets are held for sale and are initially recorded at estimated fair value less costs to sell, establishing a new cost basis. Subsequent to foreclosure, periodic valuations are performed and the assets are carried at the lower of the carrying amount at the date of foreclosure or estimated fair value less cost to sell. Significant property improvements that enhance the salability of the property are capitalized to the extent that the resulting carrying value does not exceed fair value less cost to sell. Legal fees, maintenance, taxes, insurance and other direct costs of holding and maintaining foreclosed properties are expensed as incurred.
Goodwill and Other Intangible Assets, Policy	*Goodwill and Other Intangible Assets* Goodwill of $67 million at December 31, 2013 and 2012 represents the excess of consideration transferred in business combinations over the fair value of net tangible and identifiable intangible assets acquired. Goodwill is not amortized, but is tested for impairment annually or more frequently if events or circumstances indicate that impairment may have occurred. The Company performs its annual goodwill impairment test in the third fiscal quarter. The Company has a single reporting unit. The impairment test compares the estimated fair value of the reporting unit to its carrying amount. If the fair value of the reporting unit exceeds its carrying amount, no impairment is indicated. If the fair value of the reporting unit is less than its carrying amount, impairment of goodwill is measured as the excess of the carrying amount of goodwill over its implied fair value. The estimated fair value of the reporting unit is based on the market capitalization of the Company's common stock. The estimated fair value of the reporting unit at each impairment testing date substantially exceeded its carrying amount; therefore, no impairment of goodwill was indicated. Intangible assets with determinable lives include core deposit intangible assets and other customer relationship intangible assets. These assets are amortized over their estimated useful lives using the straight-line method, or for certain core deposit intangible assets using an accelerated method based on an exponential attrition curve. Intangible assets with determinable lives are evaluated for impairment when events or changes in circumstances indicate the carrying amount of the assets may not be recoverable.
Equipment Under Operating Lease, Policy	*Equipment Under Operating Lease* Equipment under operating lease is carried at cost less accumulated depreciation and is depreciated to estimated residual value using the straight-line method over the lease term. Estimated residual values are re-evaluated at least annually. This evaluation is based primarily on current residual value appraisals. Rental revenue is recognized on a straight-line basis over the contractual term of the lease and is included in other non-interest income in the accompanying consolidated statements of income.
Premises and Equipment, Policy	*Premises and Equipment* Premises and equipment are carried at cost less accumulated depreciation and amortization and are included in other assets in the accompanying consolidated balance sheets. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. The lives of improvements to existing buildings are based on the lesser of the estimated remaining lives of the buildings or the estimated useful lives of the improvements. Leasehold improvements are amortized over the shorter of the expected terms of the leases at inception, considering options to extend that are reasonably assured, or their useful lives. Direct costs of materials and services associated with developing or obtaining and implementing internal use computer software incurred during the application and development stage are capitalized and amortized over the estimated useful lives of the software. The estimated useful lives of premises and equipment are as follows: • branch buildings and improvements—30 years; • leasehold improvements—5 to 20 years; • furniture, fixtures and equipment—5 to 7 years; • computer equipment—3 to 5 years; and • software and software licensing rights—3 to 5 years.
Income Taxes, Policy	*Income Taxes* The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities using enacted tax rates in effect for periods in which the differences are expected to reverse. The effect of changes in tax rates on deferred tax assets and liabilities are recognized in income in the period that includes the enactment date. A valuation allowance is established for deferred tax assets when management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. In making such determinations, the Company considers all available positive and negative evidence that may impact the realization of deferred tax assets. These considerations include the amount of taxable income generated in statutory carryback periods, future reversals of existing taxable temporary differences, projected future taxable income and available tax planning strategies. The Company recognizes tax benefits from uncertain tax positions when it is more likely than not that the related tax positions will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the tax positions. An uncertain tax position is a position taken in a previously filed tax return or a position expected to be taken in a future tax return that is not based on clear and unambiguous tax law. The Company measures tax benefits related to uncertain tax positions based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. If the initial assessment fails to result in recognition of a tax benefit, the Company subsequently recognizes a tax benefit if (i) there are changes in tax law or case law that raise the likelihood of prevailing on the technical merits of the position to more-likely-than-not, (ii) the statute of limitations expires, or (iii) there is a completion of an examination resulting in a settlement of that tax year or position with the appropriate agency. The Company recognizes interest and penalties related to uncertain tax positions in the provision for income taxes.
Equity Based Compensation, Policy	*Equity Based Compensation* The Company periodically grants nonqualified stock options or unvested or restricted shares of common stock to key employees. Compensation cost is measured based on the estimated fair value of the awards at the grant date and is recognized in earnings on a straight-line basis over the requisite service period. Compensation cost related to awards that embody performance conditions is recognized if it is probable that the performance condition will be achieved. The fair value of unvested shares is based on the closing market price of the Company's common stock at the date of grant. The value of shares granted with post-vesting restrictions as to transferability is reduced by a discount for lack of marketability. The fair value of stock options is estimated at the date of grant using a Black-Scholes option pricing model. This model requires assumptions as to expected volatility, expected term, dividend yield, and risk free interest rates. Since the Company's common stock has limited trading history, the measurement of expected volatility incorporates the volatility of the common stock of peer companies. The expected term represents the period of time that options are expected to be outstanding from the grant date and is based on the contractual term of the options and employees' anticipated exercise behavior. The risk free interest rate is based on the U.S. Treasury constant maturity rate corresponding to the expected term of the options at the date of grant. The expected dividend yield is determined based on historical dividend rates and dividends expected to be declared in the foreseeable future. Prior to the IPO, BUFH had a class of authorized non-voting membership interests identified as Profits Interest Units ("PIUs"). PIUs were issued by BUFH to management members of the Company who owned common units of BUFH. The PIUs entitled their holders to share in distributions from BUFH after investors in BUFH received certain defined returns on their investment. PIUs consisted of both time-based awards, which vested based on fulfillment of a service condition and IRR-based awards. Based on their settlement provisions, the PIUs were classified as liabilities and adjusted to estimated fair value at each financial statement date. Fair value was estimated using a Black-Scholes option pricing model. Compensation expense related to PIUs was based on the fair value of the underlying units. Compensation expense related to time-based PIUs was recognized over the requisite service period on a straight-line basis. Compensation expense related to IRR-based PIUs was recognized upon vesting, which occurred on completion of the IPO. In conjunction with the IPO, all of the outstanding PIUs were exchanged for a combination of non-qualified stock options and common shares in the Company.
Derivative Financial Instruments and Hedging Activities, Policy	*Derivative Financial Instruments and Hedging Activities* Interest rate swap agreements Interest rate swaps are contracts in which a series of interest cash flows are exchanged over a prescribed period. Interest rate swaps are recorded as assets or liabilities in the consolidated balance sheets at fair value. Interest rate swaps that are used as a risk management tool to hedge the Company's exposure to changes in interest rates have been designated as cash flow hedging instruments. The effective portion of the gain or loss on interest rate swaps designated and qualifying as cash flow hedging instruments is initially reported as a component of other comprehensive income and subsequently reclassified into earnings in the same period in which the hedged transaction affects earnings. The ineffective portion of the gain or loss on the derivative instruments, if any, is recognized currently in earnings. Hedge effectiveness is assessed using the hypothetical derivative method. Assessments of hedge effectiveness and measurements of hedge ineffectiveness are performed quarterly. The Company discontinues hedge accounting prospectively when it is determined that the derivative is no longer effective in offsetting changes in the cash flows of the hedged item, the derivative expires or is sold, terminated, or exercised, management determines that the designation of the derivative as a hedging instrument is no longer appropriate or the occurrence of the forecasted transaction is no longer probable. When hedge accounting is discontinued, any subsequent changes in fair value of the derivative are recognized in earnings. The cumulative unrealized gain or loss related to a discontinued cash flow hedge continues to be reported in AOCI unless it is probable that the forecasted transaction will not occur by the end of the originally specified time period, in which case the cumulative unrealized gain or loss reported in AOCI is reclassified into earnings immediately. Cash flows resulting from derivative financial instruments that are accounted for as hedges are classified in the cash flow statement in the same category as the cash flows from the hedged items. Changes in the fair value of interest rate swaps not designated as, or not qualifying as, hedging instruments are recognized currently in earnings. Derivative loan commitments Interest rate lock commitments to originate mortgage loans to be held for sale upon funding are derivative instruments and are recognized in the consolidated balance sheets at fair value with changes in fair value reflected in earnings. Forward loan sale commitments Mandatory delivery forward loan sale commitments and best efforts forward loan sale commitments for which the loan to the underlying borrower has closed are derivative instruments and are reflected in the consolidated balance sheets at fair value with changes in fair value reflected in earnings.
Transfers of Financial Assets, Policy	*Transfers of Financial Assets* Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. A gain or loss is recognized in earnings upon completion of the sale based on the difference between the sales proceeds and the carrying value of the assets. Control over the transferred assets is deemed to have been surrendered when: (i) the assets have been legally isolated from the Company, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (iii) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Advertising Costs, Policy	*Advertising Costs* Advertising costs are expensed as incurred.
Earnings per Common Share, Policy	*Earnings per Common Share* Basic earnings per common share is calculated by dividing income allocated to common stockholders for basic earnings per common share by the weighted average number of common shares outstanding for the period, reduced by average unvested stock awards. Unvested stock awards and stock option awards with non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, and participating preferred stock are considered participating securities and are included in the computation of basic earnings per common share using the two class method whereby net income is allocated between common stock and participating securities. In periods of a net loss, no allocation is made to participating securities as they are not contractually required to fund net losses. Diluted earnings per common share is computed by dividing income allocated to common stockholders for basic earnings per common share, adjusted for earnings reallocated from participating securities, by the weighted average number of common shares outstanding for the period increased for the dilutive effect of unexercised stock options, warrants and unvested stock awards using the treasury stock method and by the dilutive effect of convertible preferred stock using the if-converted method. Contingently issuable shares are included in the calculation of earnings per common share as if the end of the respective period was the end of the contingency period.
Reclassifications, Policy	*Reclassifications* Certain amounts presented for prior periods have been reclassified to conform to the current period presentation.
Recent Accounting Pronouncements, Policy	*Recent Accounting Pronouncements* In December 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2011-11, Disclosures about Offsetting Assets and Liabilities. This update requires entities to disclose both gross information and net information about instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. The scope of this update includes derivatives, sale and repurchase agreements, reverse sale and repurchase agreements and securities borrowing and lending arrangements. Accounting Standards Update 2013-01 clarifies certain of the provisions of Accounting Standards Update 2011-11. Adoption of this update in 2013 resulted in revised disclosures in the Company's financial statements, but did not have an impact on the Company's consolidated financial position, results of operations or cash flows. In October 2012, the FASB issued Accounting Standards Update No. 2012-06, Subsequent Accounting for an Indemnification Asset Recognized at the Acquisition Date as a Result of a Government-Assisted Acquisition of a Financial Institution. The amendments in this update clarify the applicable guidance for subsequently measuring an indemnification asset recognized as a result of a government-assisted acquisition of a financial institution. The update provides that changes in cash flows expected to be collected on the indemnification asset arising subsequent to initial recognition as a result of changes in cash flows expected to be collected on the related indemnified assets should be accounted for on the same basis as the change in the assets subject to indemnification. Any amortization of changes in value should be limited to the contractual term of the indemnification agreement. The requirements of the update are consistent with the Company's existing accounting policy; therefore, adoption of this update in 2013 did not have an impact on the Company's consolidated financial position, results of operations or cash flows. In February 2013, the FASB issued Accounting Standards Update 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update requires entities to provide information about the amounts reclassified out of AOCI by component. In addition, entities are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income. Adoption of this update in 2013 resulted in revised disclosures in the Company's financial statements, but did not have an impact on the Company's consolidated financial position, results of operations or cash flows. In January 2014, the FASB issued Accounting Standards Update 2014-04, Receivables—Troubled Debt Restructurings by Creditors. The amendments in this update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy the loan through a deed in lieu of foreclosure or other similar legal agreement. In addition, entities are required to disclose the recorded investment in residential mortgage loans for which formal foreclosure proceedings are in process. The amendments in this update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014, with early adoption permitted. The Company intends to adopt this update prospectively. Management is currently evaluating the impact of adoption, but does not anticipate it will have a material impact on the Company's consolidated financial position, results of operations or cash flows.

Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Common Share [Abstract]

Schedule of Earnings per Share, Basic and Diluted

The computation of basic and diluted earnings per common share is presented below (in thousands except share and per share data):

	2013			2012			2011

Basic earnings per common share:
Numerator:
Net income	$	208,936		$	211,260		$	63,168
Preferred stock dividends		—			(3,899	)		—


Net income available to common stockholders		208,936			207,361			63,168
Distributed and undistributed earnings allocated to participating securities		(9,380	)		(15,081	)		(3,449	)


Income allocated to common stockholders for basic earnings per common share	$	199,556		$	192,280		$	59,719
Denominator:
Weighted average common shares outstanding		99,587,970			94,791,484			96,875,386
Less average unvested stock awards		(1,093,930	)		(1,137,210	)		(1,421,694	)


Weighted average shares for basic earnings per common share		98,494,040			93,654,274			95,453,692


Basic earnings per common share	$	2.03		$	2.05		$	0.63




Diluted earnings per common share:
Numerator:
Income allocated to common stockholders for basic earnings per common share	$	199,556		$	192,280		$	59,719
Adjustment for earnings reallocated from participating securities		1,265			20			—


Income used in calculating diluted earnings per common share	$	200,821		$	192,300		$	59,719
Denominator:
Average shares for basic earnings per common share		98,494,040			93,654,274			95,453,692
Dilutive effect of stock options and preferred shares		1,257,565			174,509			151,585


Weighted average shares for diluted earnings per common share		99,751,605			93,828,783			95,605,277


Diluted earnings per common share	$	2.01		$	2.05		$	0.62

Schedule of Potentially Dilutive Securities Outstanding Categorized



Unvested shares(1)	752,609	1,248,407	1,663,822
Stock options and warrants	6,386,815	6,950,735	5,073,580
Convertible preferred shares	—	5,415,794	—

(1): Includes contingently issuable performance share awards.

Investment Securities Available for Sale (Tables)

12 Months Ended

Dec. 31, 2013

Investment Securities Available for Sale [Abstract]

Schedule of Investment Securities Available for Sale Categorized

Investment securities available for sale at December 31, 2013 and 2012 consisted of the following (in thousands):

	2013

	Covered Securities									Non-Covered Securities
			Gross Unrealized									Gross Unrealized
	Amortized Cost		Gross Unrealized					Fair Value		Amortized Cost		Gross Unrealized					Fair Value
	Amortized Cost		Gains		Losses			Fair Value		Amortized Cost		Gains		Losses			Fair Value
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	—	$	—	$	—		$	—	$	1,548,671	$	34,191	$	(8,559	)	$	1,574,303
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		—		—			—		27,132		—		(355	)		26,777
Resecuritized real estate mortgage investment conduits ("Re-Remics")		—		—		—			—		267,525		4,261		(1	)		271,785
Private label residential mortgage-backed securities and CMOs		119,434		56,539		(110	)		175,863		135,750		329		(1,824	)		134,255
Private label commercial mortgage-backed securities		—		—		—			—		814,114		7,638		(12,980	)		808,772
Non-mortgage asset-backed securities		—		—		—			—		172,329		6,676		(11	)		178,994
Mutual funds and preferred stocks		15,419		6,726		—			22,145		125,387		4,015		(1,870	)		127,532
Small Business Administration securities		—		—		—			—		295,892		13,045		—			308,937
Other debt securities		3,542		4,219		—			7,761		—		—		—			—


	$	138,395	$	67,484	$	(110	)	$	205,769	$	3,386,800	$	70,155	$	(25,600	)	$	3,431,355

	2012

	Covered Securities									Non-Covered Securities
			Gross Unrealized									Gross Unrealized
	Amortized Cost		Gross Unrealized					Fair Value		Amortized Cost		Gross Unrealized					Fair Value
	Amortized Cost		Gains		Losses			Fair Value		Amortized Cost		Gains		Losses			Fair Value
U.S. Treasury and Government agency securities	$	—	$	—	$	—		$	—	$	34,998	$	157	$	(1	)	$	35,154
U.S. Government agency and sponsored enterprise residential mortgage-backed securities		—		—		—			—		1,520,047		64,476		—			1,584,523
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		—		—			—		58,518		1,898		—			60,416
Re-Remics		—		—		—			—		575,069		10,063		(90	)		585,042
Private label residential mortgage-backed securities and CMOs		143,739		58,266		(185	)		201,820		243,029		3,437		(201	)		246,265
Private label commercial mortgage-backed securities		—		—		—			—		413,110		19,982		—			433,092
Collateralized loan obligations		—		—		—			—		252,280		908		—			253,188
Non-mortgage asset-backed securities		—		—		—			—		233,791		7,672		(117	)		241,346
Mutual funds and preferred stocks		16,382		1,439		(361	)		17,460		125,127		7,066		—			132,193
State and municipal obligations		—		—		—			—		25,127		249		(23	)		25,353
Small Business Administration securities		—		—		—			—		333,423		6,187		—			339,610
Other debt securities		3,723		3,502		—			7,225		9,164		561		—			9,725


	$	163,844	$	63,207	$	(546	)	$	226,505	$	3,823,683	$	122,656	$	(432	)	$	3,945,907

Schedule of Maturities of Investment Securities Available for Sale

	Amortized Cost		Fair Value

Due in one year or less	$	450,966	$	474,236
Due after one year through five years		1,856,202		1,906,130
Due after five years through ten years		887,083		904,287
Due after ten years		190,138		202,794
Mutual funds and preferred stocks with no stated maturity		140,806		149,677


	$	3,525,195	$	3,637,124

Schedule of Gains and Losses on the Sale and Exchange of Investment Securities Available for Sale

The following table provides information about gains and losses on investment securities available for sale for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013			2012			2011

Proceeds from sale of investment securities available for sale	$	874,876		$	835,745		$	217,069




Gross realized gains	$	11,119		$	17,338		$	1,224
Gross realized losses		(1,527	)		(299	)		(88	)


Net realized gain		9,592			17,039			1,136
OTTI		(963	)		—			—


Gain on investment securities available for sale, net	$	8,629		$	17,039		$	1,136

Schedule of the Aggregate Fair Value and Amount by which Amortized Cost Exceeds Fair Value for Investment Securities that are in Unrealized Loss Positions

	2013

	Less than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	414,361	$	(8,559	)	$	—	$	—		$	414,361	$	(8,559	)
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		26,777		(355	)		—		—			26,777		(355	)
Re-Remics		11,037		(1	)		—		—			11,037		(1	)
Private label residential mortgage-backed securities and CMOs		79,048		(1,696	)		10,303		(238	)		89,351		(1,934	)
Private label commercial mortgage-backed securities		511,778		(12,980	)		—		—			511,778		(12,980	)
Non-mortgage asset-backed securities		1,516		(11	)		—		—			1,516		(11	)
Mutual funds and preferred stocks		67,513		(1,870	)		—		—			67,513		(1,870	)


	$	1,112,030	$	(25,472	)	$	10,303	$	(238	)	$	1,122,333	$	(25,710	)

	2012

	Less than 12 Months					12 Months or Greater					Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
U.S. Treasury and Government agency securities	$	5,000	$	(1	)	$	—	$	—		$	5,000	$	(1	)
Re-Remics		42,018		(16	)		8,833		(74	)		50,851		(90	)
Private label residential mortgage-backed securities and CMOs		53,537		(185	)		6,080		(201	)		59,617		(386	)
Non-mortgage asset-backed securities		—		—			10,566		(117	)		10,566		(117	)
Mutual funds and preferred stocks		—		—			15,082		(361	)		15,082		(361	)
State and municipal obligations		2,902		(23	)		—		—			2,902		(23	)


	$	103,457	$	(225	)	$	40,561	$	(753	)	$	144,018	$	(978	)

Loans and Allowance for Loan and Lease Losses (Tables)

12 Months Ended

Dec. 31, 2013

Loans and Allowance for Loan and Lease Losses [Abstract]

Schedule of Loans Categorized

At December 31, 2013 and 2012, loans consisted of the following (dollars in thousands):

	2013

	Covered Loans						Non-Covered Loans
	Covered Loans						Non-Covered Loans								Percent of Total
	ACI			Non-ACI			ACI		New Loans			Total			Percent of Total
Residential:
1 - 4 single family residential	$	1,057,012		$	70,378		$	—	$	1,800,332		$	2,927,722			32.4	%
Home equity loans and lines of credit		39,602			127,807			—		1,535			168,944			1.9	%


		1,096,614			198,185			—		1,801,867			3,096,666			34.3	%


Commercial:
Multi-family		33,354			—			8,093		1,097,872			1,139,319			12.6	%
Commercial real estate
Owner occupied		49,861			689			5,318		712,844			768,712			8.5	%
Non-owner occupied		93,089			52			1,449		946,543			1,041,133			11.5	%
Construction and land		10,600			729			—		138,091			149,420			1.7	%
Commercial and industrial		6,050			6,234			—		2,266,407			2,278,691			25.3	%
Lease financing		—			—			—		337,382			337,382			3.7	%


		192,954			7,704			14,860		5,499,139			5,714,657			63.3	%


Consumer		1,679			—			—		213,107			214,786			2.4	%


Total loans		1,291,247			205,889			14,860		7,514,113			9,026,109			100.0	%


Premiums, discounts and deferred fees and costs, net		—			(13,248	)		—		40,748			27,500


Loans net of premiums, discounts, deferred fees and costs		1,291,247			192,641			14,860		7,554,861			9,053,609
Allowance for loan and lease losses		(2,893	)		(9,502	)		—		(57,330	)		(69,725	)


Loans, net	$	1,288,354		$	183,139		$	14,860	$	7,497,531		$	8,983,884

	2012

	Covered Loans						Non-Covered Loans
	Covered Loans						Non-Covered Loans								Percent of Total
	ACI			Non-ACI			ACI		New Loans			Total			Percent of Total
Residential:
1 - 4 single family residential	$	1,300,109		$	93,438		$	—	$	920,713		$	2,314,260			41.5	%
Home equity loans and lines of credit		52,499			157,691			—		1,954			212,144			3.8	%


		1,352,608			251,129			—		922,667			2,526,404			45.3	%


Commercial:
Multi-family		56,148			716			—		307,183			364,047			6.5	%
Commercial real estate
Owner occupied		58,675			850			4,087		451,130			514,742			9.3	%
Non-owner occupied		115,057			60			—		343,576			458,693			8.2	%
Construction and land		18,064			829			—		72,361			91,254			1.6	%
Commercial and industrial		14,608			11,627			—		1,334,991			1,361,226			24.4	%
Lease financing		—			—			—		225,980			225,980			4.1	%


		262,552			14,082			4,087		2,735,221			3,015,942			54.1	%


Consumer		2,239			—			—		33,526			35,765			0.6	%


Total loans		1,617,399			265,211			4,087		3,691,414			5,578,111			100.0	%


Premiums, discounts and deferred fees and costs, net		—			(18,235	)		—		11,863			(6,372	)


Loans net of premiums, discounts, deferred fees and costs		1,617,399			246,976			4,087		3,703,277			5,571,739
Allowance for loan and lease losses		(8,019	)		(9,874	)		—		(41,228	)		(59,121	)


Loans, net	$	1,609,380		$	237,102		$	4,087	$	3,662,049		$	5,512,618

The following table presents the components of the net investment in direct financing leases as of December 31, 2013 and 2012 (in thousands):

	2013			2012

Total minimum lease payments to be received	$	360,584		$	243,604
Unearned income		(23,202	)		(17,624	)
Initial direct costs		2,980			1,761


	$	340,362		$	227,741

As of December 31, 2013, future minimum lease payments to be received under direct financing leases were as follows (in thousands):


Years Ending December 31:
2014	$	112,133
2015		94,154
2016		62,401
2017		30,610
2018		15,609
Thereafter		45,677


	$	360,584

The following tables present total 1-4 single family residential loans categorized between fixed rate mortgages and adjustable rate mortgages ("ARMs") as of December 31, 2013 and 2012 (dollars in thousands):

	2013

	Covered Loans		New Loans		Total		Percent of Total
1 - 4 single family residential loans:
Fixed rate loans	$	421,143	$	841,987	$	1,263,130		42.9	%
ARM Loans		695,539		985,793		1,681,332		57.1	%


	$	1,116,682	$	1,827,780	$	2,944,462		100.0	%

	2012

	Covered Loans		New Loans		Total		Percent of Total
1 - 4 single family residential loans:
Fixed rate loans	$	495,321	$	446,161	$	941,482		40.7	%
ARM Loans		883,372		489,510		1,372,882		59.3	%


	$	1,378,693	$	935,671	$	2,314,364		100.0	%

At December 31, 2013 and 2012, the majority of the 1-4 single family residential loans outstanding were to customers domiciled in the following states (dollars in thousands):

	2013

	Covered Loans		New Loans		Total		Percent of Total
California	$	80,919	$	865,342	$	946,261		32.1	%
Florida		604,384		241,827		846,211		28.7	%
New York		31,406		119,147		150,553		5.1	%
Illinois		69,966		37,539		107,505		3.7	%
Others		330,007		563,925		893,932		30.4	%


	$	1,116,682	$	1,827,780	$	2,944,462		100.0	%

	2012

	Covered Loans		New Loans		Total		Percent of Total
Florida	$	775,408	$	124,945	$	900,353		38.9	%
California		95,987		438,760		534,747		23.1	%
Illinois		87,195		26,951		114,146		4.9	%
New York		37,890		47,914		85,804		3.7	%
Others		382,213		297,101		679,314		29.4	%


	$	1,378,693	$	935,671	$	2,314,364		100.0	%

	2013			2012			2011

Unpaid principal balance of loans sold	$	230,031		$	239,135		$	268,588




Cash proceeds, net of transaction costs	$	116,611		$	103,796		$	75,782
Carrying value of loans sold		82,160			103,127			146,148


Net pre-tax impact on earnings, excluding gain on indemnification asset	$	34,451		$	669		$	(70,366	)




Loss on sale of covered loans	$	(16,195	)	$	(29,270	)	$	(70,366	)
Proceeds recorded in interest income		50,646			29,939			—


	$	34,451		$	669		$	(70,366	)




Gain on indemnification asset	$	21,021		$	30,725		$	56,053


Balance, December 31, 2010	$	1,833,974
Reclassifications from non-accretable difference		135,933
Accretion		(446,292	)


Balance, December 31, 2011		1,523,615
Reclassifications from non-accretable difference		206,934
Accretion		(444,483	)


Balance, December 31, 2012		1,286,066
Reclassifications from non-accretable difference		282,952
Accretion		(410,446	)


Balance, December 31, 2013	$	1,158,572

Schedule of Allowance for Credit Losses on Financing Receivables

Activity in the ALLL is summarized as follows (in thousands):

	2013

	Residential			Commercial			Consumer			Total
Beginning balance	$	19,164		$	39,543		$	414		$	59,121
Provision for (recovery of) loan losses:
ACI loans		—			(2,891	)		—			(2,891	)
Non-ACI loans		4,043			(2,890	)		—			1,153
New loans		(3,800	)		35,368			2,134			33,702


Total provision		243			29,587			2,134			31,964
Charge-offs:
ACI loans		—			(2,235	)		—			(2,235	)
Non-ACI loans		(4,134	)		(171	)		—			(4,305	)
New loans		(10	)		(17,987	)		(484	)		(18,481	)


Total charge-offs		(4,144	)		(20,393	)		(484	)		(25,021	)
Recoveries:
Non-ACI loans		90			2,690			—			2,780
New loans		—			758			123			881


Total recoveries		90			3,448			123			3,661


Ending balance	$	15,353		$	52,185		$	2,187		$	69,725

	2012

	Residential			Commercial			Consumer		Total
Beginning balance	$	10,175		$	38,176		$	51	$	48,402
Provision for (recovery of) loan losses:
ACI loans		—			(4,347	)		—		(4,347	)
Non-ACI loans		6,175			(2,331	)		—		3,844
New loans		6,060			12,979			360		19,399


Total provision		12,235			6,301			360		18,896
Charge-offs:
ACI loans		—			(3,966	)		—		(3,966	)
Non-ACI loans		(3,275	)		(316	)		—		(3,591	)
New loans		—			(2,929	)		—		(2,929	)


Total charge-offs		(3,275	)		(7,211	)		—		(10,486	)
Recoveries:
Non-ACI loans		29			1,850			—		1,879
New loans		—			427			3		430


Total recoveries		29			2,277			3		2,309


Ending balance	$	19,164		$	39,543		$	414	$	59,121

	2011

	Residential			Commercial			Consumer			Total
Beginning balance	$	28,649		$	29,656		$	55		$	58,360
Provision for (recovery of) loan losses:
ACI loans		(18,488	)		7,210			—			(11,278	)
Non-ACI loans		(1,491	)		5,077			—			3,586
New loans		3,862			17,662			(4	)		21,520


Total provision		(16,117	)		29,949			(4	)		13,828
Charge-offs:
ACI loans		—			(13,527	)		—			(13,527	)
Non-ACI loans		(2,377	)		(6,112	)		—			(8,489	)
New loans		—			(3,367	)		—			(3,367	)


Total charge-offs		(2,377	)		(23,006	)		—			(25,383	)
Recoveries:
ACI loans		—			1,212			—			1,212
Non-ACI loans		20			341			—			361
New loans		—			24			—			24


Total recoveries		20			1,577			—			1,597


Ending balance	$	10,175		$	38,176		$	51		$	48,402

The following table presents information about the balance of the ALLL and related loans as of December 31, 2013 and 2012 (in thousands):

	2013								2012

	Residential		Commercial		Consumer		Total		Residential		Commercial		Consumer		Total
Allowance for loan and lease losses:
Ending balance	$	15,353	$	52,185	$	2,187	$	69,725	$	19,164	$	39,543	$	414	$	59,121




Ending balance: non-ACI and new loans individually evaluated for impairment	$	855	$	9,467	$	—	$	10,322	$	984	$	1,533	$	—	$	2,517




Ending balance: non-ACI and new loans collectively evaluated for impairment	$	14,498	$	39,825	$	2,187	$	56,510	$	18,180	$	29,991	$	414	$	48,585




Ending balance: ACI	$	—	$	2,893	$	—	$	2,893	$	—	$	8,019	$	—	$	8,019




Ending balance: non-ACI	$	9,070	$	432	$	—	$	9,502	$	9,071	$	803	$	—	$	9,874




Ending balance: new loans	$	6,283	$	48,860	$	2,187	$	57,330	$	10,093	$	30,721	$	414	$	41,228




Loans:
Ending balance	$	3,111,167	$	5,720,722	$	221,720	$	9,053,609	$	2,523,564	$	3,012,394	$	35,781	$	5,571,739




Ending balance: non-ACI and new loans individually evaluated for impairment	$	5,663	$	22,584	$	—	$	28,247	$	4,545	$	24,690	$	—	$	29,235




Ending balance: non-ACI and new loans collectively evaluated for impairment	$	2,008,890	$	5,490,324	$	220,041	$	7,719,255	$	1,166,411	$	2,721,065	$	33,542	$	3,921,018




Ending balance: ACI loans	$	1,096,614	$	207,814	$	1,679	$	1,306,107	$	1,352,608	$	266,639	$	2,239	$	1,621,486

Schedule of Impaired Financing Receivables

The tables below present information about new and non-ACI loans individually evaluated for impairment and identified as impaired as of December 31, 2013 and 2012 (in thousands):

	2013						2012

	Recorded Investment		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment		Unpaid Principal Balance		Related Specific Allowance
New loans:
With no specific allowance recorded:
Multi-family	$	—	$	—	$	—	$	3,649	$	3,649	$	—
Commercial real estate
Owner occupied		1,751		1,754		—		—		—		—
Non-owner occupied		1,444		1,444		—		1,564		1,564		—
Commercial and industrial		—		—		—		9,858		9,860		—
With a specific allowance recorded:
Commercial and industrial		16,048		16,055		8,696		4,377		4,381		649
Lease financing		1,345		1,345		771		1,677		1,677		884
Total:
Residential	$	—	$	—	$	—	$	—	$	—	$	—
Commercial		20,588		20,598		9,467		21,125		21,131		1,533


	$	20,588	$	20,598	$	9,467	$	21,125	$	21,131	$	1,533




Non-ACI loans:
With no specific allowance recorded:
1 - 4 single family residential	$	168	$	198	$	—	$	375	$	446	$	—
Home equity loans and lines of credit		1,703		1,734		—		176		179		—
Commercial real estate
Non-owner occupied		—		—		—		59		59		—
Commercial and industrial		1,996		1,999		—		3,506		3,508		—
With a specific allowance recorded:
1 - 4 single family residential		3,564		4,203		827		3,577		4,252		970
Home equity loans and lines of credit		228		232		28		417		425		14
Total:
Residential	$	5,663	$	6,367	$	855	$	4,545	$	5,302	$	984
Commercial		1,996		1,999		—		3,565		3,567		—


	$	7,659	$	8,366	$	855	$	8,110	$	8,869	$	984

The following table presents the average recorded investment in impaired new and non-ACI loans for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013				2012				2011

	New Loans		Non-ACI Loans		New Loans		Non-ACI Loans		New Loans		Non-ACI Loans
Residential:
1 - 4 single family residential	$	—	$	3,891	$	—	$	2,757	$	—	$	577
Home equity loans and lines of credit		—		1,494		—		119		—		—


		—		5,385		—		2,876		—		577
Commercial:
Multi-family		730		—		4,614		—		—		—
Commercial real estate		2,224		—		1,291		143		—		73
Construction and land		—		—		190		1,074		266		1,074
Commercial and industrial		16,837		2,424		7,274		3,749		1,162		6,317
Lease financing		1,478		—		671		—		—		—


		21,269		2,424		14,040		4,966		1,428		7,464


	$	21,269	$	7,809	$	14,040	$	7,842	$	1,428	$	8,041

The following table presents the carrying amount of new and non-ACI loans on non-accrual status as of December 31, 2013 and 2012 (in thousands):

	2013				2012

	New Loans		Non-ACI Loans		New Loans		Non-ACI Loans
Residential:
1 - 4 single family residential	$	194	$	293	$	155	$	2,678
Home equity loans and lines of credit		—		6,559		—		9,767


		194		6,852		155		12,445
Commercial:
Commercial real estate
Owner occupied		2,785		—		55		—
Non-owner occupied		1,444		52		1,564		59
Construction and land		244		—		278		—
Commercial and industrial		16,612		2,765		11,907		4,530
Lease financing		1,370		—		1,719		—


		22,455		2,817		15,523		4,589


Consumer		75		—		—		—


	$	22,724	$	9,669	$	15,678	$	17,034

	2013						2012

	Recorded Investment in Impaired Loans or Pools		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment in Impaired Loans or Pools		Unpaid Principal Balance		Related Specific Allowance
With no specific allowance recorded:
Commercial real estate
Non-owner occupied	$	384	$	406	$	—	$	104	$	171	$
Construction and land		567		588		—		512		669		—
Commercial and industrial		—		—		—		188		188		—
With a specific allowance recorded:
Multi-family		3,478		3,459		323		6,626		7,043		504
Commercial real estate
Owner occupied		2,643		2,812		369		3,076		3,853		692
Non-owner occupied		32,436		37,392		1,444		20,620		23,504		4,708
Construction and land		1,686		1,500		192		4,874		6,567		350
Commercial and industrial		3,932		4,262		565		7,580		7,959		1,765
Total:
Residential	$	—	$	—	$	—	$	—	$	—	$	—
Commercial		45,126		50,419		2,893		43,580		49,954		8,019


	$	45,126	$	50,419	$	2,893	$	43,580	$	49,954	$	8,019

The following table presents the average recorded investment in impaired ACI loans or pools for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013		2012		2011

Residential:
Home equity loans and lines of credit	$	—	$	—	$	45,947


		—		—		45,947


Commercial:
Multi-family		4,804		11,936		29,606
Commercial real estate		26,143		41,952		61,291
Construction and land		3,873		12,482		25,729
Commercial and industrial		5,744		12,825		23,877


		40,564		79,195		140,503


	$	40,564	$	79,195	$	186,450

Schedule of Troubled Debt Restructurings on Financing Receivables

	2013								2012								2011

	Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period
	Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment
New loans:
Multi-family		—	$	—		—	$	—		1	$	3,649		—	$	—		—	$	—		—	$	—
Commercial and industrial		3		8,291		—		—		7		1,999		2		594		1		231		1		231


		3	$	8,291		—	$	—		8	$	5,648		2	$	594		1	$	231		1	$	231




Non-ACI loans:
1 - 4 single family residential		2	$	335		1	$	167		5	$	2,428		2	$	1,139		11	$	1,521		5	$	938
Home equity loans and lines of credit		4		1,338		1		196		—		—		—		—		—		—		—		—
Commercial real estate		—		—		—		—		—		—		—		—		2		295		2		295
Commercial and industrial		—		—		—		—		1		9		—		—		3		71		3		71


		6	$	1,673		2	$	363		6	$	2,437		2	$	1,139		16	$	1,887		10	$	1,304

	2013								2012								2011

	Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period				Loans Modified in TDRs During the Period				TDRs Experiencing Payment Defaults During the Period
	Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment		Number of TDRs		Recorded Investment
Commercial real estate		3	$	1,354		—	$	—		3	$	242		1	$	9		3	$	917		1	$	197
Construction and land		—		—		—		—		—		—		—		—		1		435		2		435
Commercial and industrial		1		168		—		—		3		261		1		188		—		—		—		—


		4	$	1,522		—	$	—		6	$	503		2	$	197		4	$	1,352		3	$	632

Schedule of Financing Receivable Credit Quality Indicators

Residential credit exposure, based on delinquency status:

	2013				2012

	1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit		1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit
New loans:
Current	$	1,824,084	$	1,535	$	927,859	$	1,811
Past due less than 90 days		3,099		—		7,619		143
Past due 90 days or more		597		—		193		—


	$	1,827,780	$	1,535	$	935,671	$	1,954




Non-ACI loans:
Current	$	56,248	$	116,036	$	71,096	$	140,975
Past due less than 90 days		3,422		2,973		5,057		4,005
Past due 90 days or more		—		6,559		2,431		9,767


	$	59,670	$	125,568	$	78,584	$	154,747

1-4 Single Family Residential credit exposure for new loans, based on original LTV and FICO score:

	2013

	FICO
LTV	720 or less		721 - 740		741 - 760		761 or greater		Total
60% or less	$	37,293	$	60,626	$	86,920	$	473,250	$	658,089
60% - 70%		25,861		45,485		77,253		308,242		456,841
70% - 80%		19,610		60,021		116,332		472,279		668,242
More than 80%		26,492		5,487		3,166		9,463		44,608


	$	109,256	$	171,619	$	283,671	$	1,263,234	$	1,827,780

	2012

	FICO
LTV	720 or less		721 - 740		741 - 760		761 or greater		Total
60% or less	$	33,141	$	29,292	$	35,761	$	217,249	$	315,443
60% - 70%		16,852		12,286		41,863		159,068		230,069
70% - 80%		28,251		27,068		54,367		256,605		366,291
More than 80%		16,822		1,505		1,200		4,341		23,868


	$	95,066	$	70,151	$	133,191	$	637,263	$	935,671

Consumer credit exposure, based on delinquency status:

	2013		2012

New loans:
Current	$	219,083	$	33,488
Past due less than 90 days		927		54
Past due 90 days or more		31		—


	$	220,041	$	33,542

Consumer indirect auto credit exposure for new loans, based on original FICO score:

	2013

FICO:
740 or greater	$	79,220
680 - 739		94,090
620 - 679		34,425


	$	207,735

The balance of indirect auto loans was insignificant at December 31, 2012.

Commercial credit exposure, based on internal risk rating:

	2013

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Lease Financing		Total
New loans:
Pass	$	1,098,383	$	704,403	$	946,208	$	137,513	$	2,236,331	$	338,992	$	5,461,830
Special mention		—		—		—		—		7,892		—		7,892
Substandard		770		7,080		1,444		244		15,906		599		26,043
Doubtful		—		51		—		—		8,918		771		9,740


	$	1,099,153	$	711,534	$	947,652	$	137,757	$	2,269,047	$	340,362	$	5,505,505




Non-ACI loans:
Pass	$	—	$	687	$	—	$	688	$	3,177	$	—	$	4,552
Substandard		—		—		52		—		2,379		—		2,431
Doubtful		—		—		—		—		420		—		420


	$	—	$	687	$	52	$	688	$	5,976	$	—	$	7,403

	2012

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Lease Financing		Total
New loans:
Pass	$	299,303	$	447,737	$	341,280	$	71,724	$	1,274,595	$	226,022	$	2,660,661
Special mention		3,110		—		—		—		18,249		—		21,359
Substandard		4,068		2,469		1,564		278		38,837		1,719		48,935
Doubtful		—		55		—		—		1,100		—		1,155


	$	306,481	$	450,261	$	342,844	$	72,002	$	1,332,781	$	227,741	$	2,732,110




Non-ACI loans:
Pass	$	703	$	851	$	—	$	775	$	6,674	$	—	$	9,003
Substandard		9		—		59		—		3,882		—		3,950
Doubtful		—		—		—		—		692		—		692


	$	712	$	851	$	59	$	775	$	11,248	$	—	$	13,645

Residential credit exposure, based on delinquency status:

	2013				2012

	1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit		1 - 4 Single Family Residential		Home Equity Loans and Lines of Credit
Current	$	957,791	$	33,967	$	1,093,363	$	43,226
Past due less than 90 days		43,346		1,479		63,435		1,818
Past due 90 days or more		55,875		4,156		143,311		7,455


	$	1,057,012	$	39,602	$	1,300,109	$	52,499

Consumer credit exposure, based on delinquency status:

	2013		2012

Current	$	1,477	$	2,190
Past due less than 90 days		201		17
Past due 90 days or more		1		32


	$	1,679	$	2,239

Commercial credit exposure, based on internal risk rating:

	2013

	Multi-Family		Commercial Real Estate— Owner Occupied		Commercial Real Estate— Non-Owner Occupied		Construction and Land		Commercial and Industrial		Total
Pass	$	31,002	$	40,725	$	53,238	$	7,373	$	1,824	$	134,162
Special mention		—		1,000		3,361		—		—		4,361
Substandard		10,445		13,454		37,845		3,227		4,206		69,177
Doubtful		—		—		94		—		20		114


	$	41,447	$	55,179	$	94,538	$	10,600	$	6,050	$	207,814

	2012

	Multi-Family		Commercial Real Estate—Owner Occupied		Commercial Real Estate—Non-Owner Occupied		Construction and Land		Commercial and Industrial		Total
Pass	$	36,068	$	48,011	$	70,386	$	6,937	$	6,183	$	167,585
Special mention		381		867		3,748		—		—		4,996
Substandard		19,699		13,884		40,910		11,127		8,198		93,818
Doubtful		—		—		13		—		227		240


	$	56,148	$	62,762	$	115,057	$	18,064	$	14,608	$	266,639

Schedule of Past Due Financing Receivables

The following table presents an aging of loans in the new and non-ACI portfolios as of December 31, 2013 and 2012. Amounts are net of premiums, discounts, deferred fees and costs (in thousands):

	2013										2012

	Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total		Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total
New loans:
1 - 4 single family residential	$	1,824,084	$	2,990	$	109	$	597	$	1,827,780	$	927,859	$	7,458	$	161	$	193	$	935,671
Home equity loans and lines of credit		1,535		—		—		—		1,535		1,811		143		—		—		1,954
Multi-family		1,099,153		—		—		—		1,099,153		306,481		—		—		—		306,481
Commercial real estate
Owner occupied		710,938		—		—		596		711,534		450,261		—		—		—		450,261
Non-owner occupied		947,652		—		—		—		947,652		342,844		—		—		—		342,844
Construction and land		137,757		—		—		—		137,757		72,002		—		—		—		72,002
Commercial and industrial		2,260,628		610		165		7,644		2,269,047		1,322,937		7,147		192		2,505		1,332,781
Lease financing		340,337		—		25		—		340,362		227,741		—		—		—		227,741
Consumer		219,083		766		161		31		220,041		33,488		9		45		—		33,542


	$	7,541,167	$	4,366	$	460	$	8,868	$	7,554,861	$	3,685,424	$	14,757	$	398	$	2,698	$	3,703,277




Non-ACI loans:
1 - 4 single family residential	$	56,248	$	3,129	$	293	$	—	$	59,670	$	71,096	$	4,448	$	609	$	2,431	$	78,584
Home equity loans and lines of credit		116,036		2,417		556		6,559		125,568		140,975		2,170		1,835		9,767		154,747
Multi-family		—		—		—		—		—		712		—		—		—		712
Commercial real estate
Owner occupied		687		—		—		—		687		851		—		—		—		851
Non-owner occupied		52		—		—		—		52		59		—		—		—		59
Construction and land		688		—		—		—		688		775		—		—		—		775
Commercial and industrial		3,722		—		4		2,250		5,976		7,164		27		12		4,045		11,248


	$	177,433	$	5,546	$	853	$	8,809	$	192,641	$	221,632	$	6,645	$	2,456	$	16,243	$	246,976

The following table presents an aging of loans in the ACI portfolio as of December 31, 2013 and 2012 (in thousands):

	2013										2012

	Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total		Current		30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due or in Foreclosure		Total
1 - 4 single family residential	$	957,791	$	33,067	$	10,279	$	55,875	$	1,057,012	$	1,093,363	$	47,529	$	15,906	$	143,311	$	1,300,109
Home equity loans and lines of credit		33,967		1,150		329		4,156		39,602		43,226		1,254		564		7,455		52,499
Multi-family		38,877		—		—		2,570		41,447		47,474		45		—		8,629		56,148
Commercial real estate
Owner occupied		54,501		253		—		425		55,179		62,491		100		69		102		62,762
Non-owner occupied		81,754		3,245		—		9,539		94,538		109,417		1,975		378		3,287		115,057
Construction and land		7,373		—		—		3,227		10,600		9,257		—		—		8,807		18,064
Commercial and industrial		3,193		—		—		2,857		6,050		7,762		1,951		17		4,878		14,608
Consumer		1,477		—		201		1		1,679		2,190		10		7		32		2,239


	$	1,178,933	$	37,715	$	10,809	$	78,650	$	1,306,107	$	1,375,180	$	52,864	$	16,941	$	176,501	$	1,621,486

FDIC Indemnification Asset (Tables)

12 Months Ended

Dec. 31, 2013

FDIC Indemnification Asset [Abstract]

Summary of the Gains and Losses Associated with Covered Assets

	2013

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	1,738		$	(1,574	)	$	164
Income from resolution of covered assets, net		78,862			(64,793	)		14,069
Loss on sale of covered loans		(16,195	)		21,021			4,826
OTTI on covered investment securities available for sale		(963	)		770			(193	)
Gain on sale of OREO		9,568			(7,611	)		1,957
Impairment of OREO		(1,939	)		1,549			(390	)


	$	71,071		$	(50,638	)	$	20,433

	2012

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	503		$	344		$	847
Income from resolution of covered assets, net		51,016			(41,962	)		9,054
Loss on sale of covered loans		(29,270	)		30,725			1,455
Gain on sale of OREO		4,164			(3,078	)		1,086
Impairment of OREO		(9,926	)		7,941			(1,985	)


	$	16,487		$	(6,030	)	$	10,457

	2011

	Transaction Income (Loss)			Net Gain (Loss) on Indemnification Asset			Net Impact on Pre-tax Earnings
Recovery of losses on covered loans	$	7,692		$	(6,327	)	$	1,365
Income from resolution of covered assets, net		18,776			(6,871	)		11,905
Loss on sale of covered loans		(70,366	)		56,053			(14,313	)
Loss on sale of OREO		(23,576	)		17,272			(6,304	)
Impairment of OREO		(24,569	)		19,685			(4,884	)


	$	(92,043	)	$	79,812		$	(12,231	)

Schedule of the FDIC Indemnification Asset, Roll Forward

Changes in the FDIC indemnification asset for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):


Balance, December 31, 2010	$	2,667,401
Accretion		55,901
Reduction for claims filed		(753,963	)
Net gain on indemnification asset		79,812


Balance, December 31, 2011		2,049,151
Accretion		15,306
Reduction for claims filed		(600,857	)
Net loss on indemnification asset		(6,030	)


Balance, December 31, 2012		1,457,570
Amortization		(36,943	)
Reduction for claims filed		(164,872	)
Net loss on indemnification asset		(50,638	)


Balance, December 31, 2013	$	1,205,117

Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2013

Other Real Estate Owned [Abstract]

Schedule of Other Real Estate Owned, Roll Forward

	2013			2012			2011

Balance, beginning of period	$	76,022		$	123,737		$	206,680
Transfers from loan portfolio		68,084			151,302			312,958
Sales		(101,597	)		(189,091	)		(371,332	)
Impairment		(1,939	)		(9,926	)		(24,569	)


Balance, end of period	$	40,570		$	76,022		$	123,737

Equipment Under Operating Lease (Tables)

12 Months Ended

Dec. 31, 2013

Equipment Under Operating Lease [Abstract]

Schedule of Equipment Under Operating Lease

Equipment under operating lease consists of rail cars. The components of equipment under operating lease as of December 31, 2013 and 2012 are summarized as follows (in thousands):

	2013			2012

Equipment under operating lease	$	201,163		$	39,154
Less: accumulated depreciation		(4,680	)		(422	)


Equipment under operating lease, net	$	196,483		$	38,732

Schedule of Future Minimum Rental Payments Under Non-Cancelable Operating Leases

At December 31, 2013, scheduled minimum rental payments under operating leases were as follows (in thousands):


Years Ending December 31:
2014	$	15,309
2015		15,309
2016		14,023
2017		10,438
2018		6,248
Thereafter through 2020		6,491


	$	67,818

Premises and Equipment and Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2013

Premises and Equipment and Lease Commitments [Abstract]

Summary of Premises and Equipment

Premises and equipment are included in other assets in the accompanying consolidated balance sheets and are summarized as follows as of December 31, 2013 and 2012 (in thousands):

	2013			2012

Branch buildings and improvements	$	18,049		$	17,440
Leasehold improvements		47,912			30,491
Construction in progress		3,293			7,816
Furniture, fixtures and equipment		29,880			25,644
Computer equipment		11,212			10,356
Software and software licensing rights		26,855			22,363


		137,201			114,110
Less: accumulated depreciation		(42,923	)		(25,507	)


Premises and equipment, net	$	94,278		$	88,603

Schedule of Future Minimum Rentals Under Non-Cancelable Operating Leases

As of December 31, 2013, future minimum rentals under non-cancelable operating leases with initial or remaining terms in excess of one year were as follows (in thousands):


Years ending December 31:
2014	$	22,315
2015		20,470
2016		19,565
2017		19,584
2018		18,406
Thereafter through 2034		100,198


	$	200,538

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details

Deposits (Tables)

12 Months Ended

Dec. 31, 2013

Deposits [Abstract]

Summary of Average Balances and Weighted Average Rates Paid on Deposits

The following table presents average balances and weighted average rates paid on deposits for the years ended December 31, 2013, 2012 and 2011 (dollars in thousands):

	2013					2012					2011

	Average Balance		Average Rate Paid			Average Balance		Average Rate Paid			Average Balance		Average Rate Paid
Demand deposits:
Non-interest bearing	$	1,586,007		0.00	%	$	1,099,448		0.00	%	$	622,377		0.00	%
Interest bearing		582,623		0.46	%		504,614		0.63	%		382,329		0.65	%
Money market		3,403,276		0.51	%		2,838,735		0.63	%		2,165,230		0.88	%
Savings		877,255		0.37	%		1,073,709		0.58	%		1,201,236		0.83	%
Time		2,844,377		1.31	%		2,632,451		1.48	%		2,585,201		1.71	%


	$	9,293,538		0.65	%	$	8,148,957		0.81	%	$	6,956,373		1.09	%

Schedule of Maturities of Time Deposits with Balances Equal or Greater than $100,000

The following table presents maturities of time deposits with balances equal to or greater than $100,000 as of December 31, 2013 (in thousands):


Three months or less	$	319,716
Over three through six months		374,717
Over six through twelve months		977,706
Over twelve months		457,398


	$	2,129,537

Schedule of Interest Expense on Deposits

Interest expense on deposits for the years ended December 31, 2013, 2012 and 2011 was as follows (in thousands):

	2013		2012		2011

Interest bearing demand	$	2,698	$	3,155	$	2,499
Money market		17,355		17,878		19,020
Savings		3,265		6,215		10,006
Time		37,248		38,930		44,248


	$	60,566	$	66,178	$	75,773

Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2013

Federal Home Loan Bank Advances [Abstract]

Schedule of Outstanding FHLB Advances

At December 31, 2013 and 2012 outstanding FHLB advances and other borrowings consisted of the following (dollars in thousands):

	2013		2012

Federal Home Loan Bank advances	$	2,412,050	$	1,916,919
Securities sold under agreements to repurchase		346		8,175
Capital lease obligations		1,917		—


	$	2,414,313	$	1,925,094

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Schedule of Components of the Provision for Income Taxes

The components of the provision for income taxes for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):

	2013		2012			2011

Current:
Federal	$	94,724	$	170,973		$	115,127
State		6,105		34,860			29,558


		100,829		205,833			144,685


Deferred:
Federal		5,028		(60,985	)		(9,322	)
State		3,209		(11,243	)		(5,787	)


		8,237		(72,228	)		(15,109	)


	$	109,066	$	133,605		$	129,576

Schedule of Effective Income Tax Rate Reconciliation

	2013						2012						2011

	Amount			Percent			Amount			Percent			Amount			Percent
Tax expense calculated at the statutory federal income tax rate	$	111,301			35.00	%	$	120,703			35.00	%	$	67,460			35.00	%


Increases (decreases) resulting from:
State income taxes, net of federal tax benefit		6,597			2.08	%		13,944			4.04	%		7,172			3.72	%
Income not subject to tax		(7,065	)		(2.22	)%		(6,019	)		(1.75	)%		(4,982	)		(2.59	)%
Non-deductible equity based compensation		—			0.00	%		3,624			1.05	%		47,023			24.40	%
Uncertain state tax positions		(2,063	)		(0.65	)%		2,870			0.83	%		12,757			6.62	%
Other, net		296			0.09	%		(1,517	)		(0.43	)%		146			0.08	%


	$	109,066			34.30	%	$	133,605			38.74	%	$	129,576			67.23	%

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities at December 31, 2013 and 2012 were as follows (in thousands):

	2013		2012

Deferred tax assets:
Excess of tax basis over carrying value of acquired loans	$	199,715	$	290,735
Allowance for loan and lease losses		26,639		22,743
Acquisition costs		12,119		12,969
Net operating loss carryforwards		6,894		7,636
Net unrealized losses on derivatives designated as cash flow hedges		7,080		18,603
Other		19,210		21,133


Gross deferred tax assets		271,657		373,819


Deferred tax liabilities:
Deferred tax gain resulting from the FSB Acquisition		107,512		216,632
Net unrealized gains on investment securities available for sale		43,177		71,290
Premises and equipment and equipment under operating lease, due to differences in depreciation		45,081		20,931
Other		5,261		2,692


Gross deferred tax liabilities		201,031		311,545


Net deferred tax asset	$	70,626	$	62,274

Schedule of Unrecognized Tax Benefits, Roll Forward

	2013			2012			2011

Balance, beginning of period	$	24,790		$	20,961		$	2,845
Additions for tax positions related to the current year		699			1,246			6,501
Additions for tax positions related to prior periods		—			—			7,982
Reductions due to settlements with taxing authorities		—			(41	)		(185	)
Reductions due to lapse of the statute of limitations		(3,340	)		—			—


		22,149			22,166			17,143
Interest and penalties		(251	)		2,624			3,818


Balance, end of period	$	21,898		$	24,790		$	20,961

Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2013

Derivatives and Hedging Activities [Abstract]

Schedule of Interest Rate Contract Derivative Financial Instruments and Related Hedged Items

	2013

				Weighted Average Remaining Life in Years
									Fair value
		Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Fair value
	Hedged Item	Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Asset		Liability
Derivatives designated as cash flow hedges:
Pay-fixed interest rate swaps	Variability of interest cash flows on certificates of deposit	3.11%	12-Month Libor		1.9	$	225,000	Other liabilities	$	—	$	(10,591	)
Pay-fixed interest rate swaps	Variability of interest cash flows on variable rate borrowings	1.61%	3-Month Libor		3.8		1,505,000	Other assets / Other liabilities		16,960		(28,326	)
Derivatives not designated as hedges:
Pay-fixed interest rate swaps and caps		4.62%	Indexed to 1-month Libor		6.4		283,751	Other assets / Other liabilities		1,055		(3,816	)
Pay-variable interest rate swaps and caps		Indexed to 1-month Libor	4.62%		6.4		283,751	Other assets / Other liabilities		3,816		(1,055	)


						$	2,297,502		$	21,831	$	(43,788	)

	2012

				Weighted Average Remaining Life in Years
									Fair value
		Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Fair value
	Hedged Item	Weighted Average Pay Rate	Weighted Average Receive Rate			Notional Amount		Balance Sheet Location	Asset		Liability
Derivatives designated as cash flow hedges:
Pay-fixed interest rate swaps	Variability of interest cash flows on certificates of deposit	3.11%	12-Month Libor		2.8	$	225,000	Other liabilities	$	—	$	(14,622	)
Pay-fixed interest rate swaps	Variability of interest cash flows on variable rate borrowings	3.75%	3-Month Libor		3.8		285,000	Other liabilities		—		(36,182	)
Derivatives not designated as hedges:
Pay-fixed interest rate swaps and caps		4.18%	Indexed to 1-month Libor		4.8		102,712	Other liabilities		—		(4,908	)
Pay-variable interest rate swaps and caps		Indexed to 1-month Libor	4.18%		4.8		102,712	Other assets		4,908		—


						$	715,424		$	4,908	$	(55,712	)

Schedule of Gains and Losses Related to Interest Rate Contract Derivative Instruments

	2013			2012			2011

Amount of loss reclassified from AOCI into interest expense during the period (effective portion)	$	(21,827	)	$	(17,962	)	$	(18,982	)




Amount of loss related to termination of cash flow hedges reclassified from AOCI into non-interest income during the period	$	—		$	(8,701	)	$	—




Amount of gain (loss) recognized in income during the period (ineffective portion)	$	—		$	—		$	426

Schedule of Interest Rate Swaps Subject to Master Netting Agreements

Information on interest rate swaps subject to master netting agreements is as follows at December 31, 2013 and 2012 (in thousands):

	2013

									Gross Amounts Not Offset in Balance Sheet
	Gross Amounts Recognized			Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet			Derivative Instruments			Collateral Pledged			Net Amount
Derivative assets	$	18,015		$	—	$	18,015		$	(2,010	)	$	(14,714	)	$	1,291
Derivative liabilities		(42,733	)		—		(42,733	)		2,010			40,723			—


	$	(24,718	)	$	—	$	(24,718	)	$	—		$	26,009		$	1,291

	2012

									Gross Amounts Not Offset in Balance Sheet
				Gross Amounts Offset in Balance Sheet					Gross Amounts Not Offset in Balance Sheet
	Gross Amounts Recognized			Gross Amounts Offset in Balance Sheet		Net Amounts Presented in Balance Sheet			Derivative Instruments		Collateral Pledged		Net Amount
Derivative liabilities	$	(55,712	)	$	—	$	(55,712	)	$	—	$	55,712	$	—

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

Stockholders' Equity [Abstract]

Schedule of Changes in AOCI

Changes in AOCI for the years ended December 31, 2013, 2012 and 2011 are summarized as follows (in thousands):

	2013

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding loss arising during the year	$	(64,330	)	$	24,784		$	(39,546	)
Reclassification adjustment for net securities gains realized in income		(8,629	)		3,329			(5,300	)


Net change in unrealized gains on securities available for sale		(72,959	)		28,113			(44,846	)


Unrealized losses on derivative instruments:
Net unrealized holding gain arising during the year		8,046			(3,104	)		4,942
Amounts reclassified to interest expense on deposits		5,140			(1,982	)		3,158
Amounts reclassified to interest expense on borrowings		16,687			(6,437	)		10,250


Net change in unrealized losses on derivative instruments		29,873			(11,523	)		18,350


Other comprehensive loss	$	(43,086	)	$	16,590		$	(26,496	)

	2012

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding gain arising during the year	$	112,165		$	(43,272	)	$	68,893
Reclassification adjustment for net securities gains realized in income		(17,039	)		6,573			(10,466	)


Net change in unrealized gains on securities available for sale		95,126			(36,699	)		58,427


Unrealized losses on derivative instruments:
Net unrealized holding loss arising during the year		(14,405	)		5,557			(8,848	)
Amounts reclassified to interest expense on deposits		4,904			(1,892	)		3,012
Amounts reclassified to interest expense on borrowings		13,058			(5,037	)		8,021
Amounts reclassified to loss on termination of interest rate swap		8,701			(3,356	)		5,345


Net change in unrealized losses on derivative instruments		12,258			(4,728	)		7,530


Other comprehensive income	$	107,384		$	(41,427	)	$	65,957

	2011

	Before Tax			Tax Effect			Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding loss arising during the year	$	(44	)	$	17		$	(27	)
Reclassification adjustment for net securities gains realized in income		(1,136	)		438			(698	)


Net change in unrealized gains on securities available for sale		(1,180	)		455			(725	)


Unrealized losses on derivative instruments:
Net unrealized holding loss arising during the year		(40,507	)		15,625			(24,882	)
Amounts reclassified to interest expense on deposits		5,238			(2,020	)		3,218
Amounts reclassified to interest expense on borrowings		13,744			(5,302	)		8,442


Net change in unrealized losses on derivative instruments		(21,525	)		8,303			(13,222	)


Other comprehensive loss	$	(22,705	)	$	8,758		$	(13,947	)

Schedule of the Categories of AOCI and Changes Therein

The categories of AOCI and changes therein are presented below for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	Unrealized Gains on Investment Securities Available for Sale			Unrealized Losses on Derivative Instruments			Total

Balance, December 31, 2010	$	55,897		$	(23,931	)	$	31,966
Other comprehensive income		(725	)		(13,222	)		(13,947	)


Balance, December 31, 2011		55,172			(37,153	)		18,019
Other comprehensive income		58,427			7,530			65,957


Balance, December 31, 2012		113,599			(29,623	)		83,976
Other comprehensive income		(44,846	)		18,350			(26,496	)


Balance, December 31, 2013	$	68,753		$	(11,273	)	$	57,480

Equity Based Compensation and Other Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Equity Based Compensation and Other Benefit Plans [Abstract]

Schedule of Compensation Costs Related to Equity Based Awards

The following table summarizes compensation cost related to equity based awards for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013			2012			2011

Compensation cost of equity based awards:
Unvested and restricted share awards	$	11,618		$	7,389		$	2,069
Option awards		1,362			2,671			1,707
Performance share awards		798			507			—
PIUs		—			—			110,398
Instruments issued in exchange for PIUs		—			13,235			30,614


Total compensation cost of equity based awards		13,778			23,802			144,788
Related tax benefits		(5,021	)		(4,887	)		(3,767	)


Compensation cost of equity based awards, net of tax	$	8,757		$	18,915		$	141,021

Schedule of Unrecognized Compensation Cost

	Unrecognized Compensation Cost

Share awards	$	13,473	1.56
Option awards	$	609	0.96

Schedule of Nonvested Share Activity

A summary of activity related to unvested share awards granted under the 2010 Plan for the years ended December 31, 2013, 2012 and 2011 follows:

			Weighted Average Grant Date Fair Value

Unvested share awards outstanding, December 31, 2010	—		$	—
Granted	706,230			24.58
Issued in exchange for PIUs	1,931,745			27.00
Vested	(965,873	)		27.00
Canceled or forfeited	(8,280	)		28.05


Unvested share awards outstanding, December 31, 2011	1,663,822			25.97
Granted	608,714			23.42
Vested	(1,179,118	)		26.58
Canceled or forfeited	(90,629	)		24.18


Unvested share awards outstanding, December 31, 2012	1,002,789			23.86
Granted	109,585			28.77
Vested	(436,577	)		24.54
Canceled or forfeited	(58,682	)		23.61


Unvested share awards outstanding, December 31, 2013	617,115		$	24.27

	2013	2012	2011

Range of the closing price on date of grant	$24.53 - $30.72	$23.08 - $25.20	$21.74 - $28.05
Aggregate grant date fair value of shares vesting	$10,714	$31,346	$26,079

Schedule of Restricted Share Activity

The restricted shares vest on varying schedules through December 31, 2014 and embody post-vesting transfer restrictions through the first anniversary of each vesting date. Restricted share activity for the years ended December 31, 2013 and 2012 is presented below:

			Weighted Average Grant Date Fair Value

Restricted share awards outstanding, December 31, 2011	—		$	—
Granted	276,429			22.27
Vested	(89,322	)		22.28


Restricted share awards outstanding, December 31, 2012	187,107			22.27
Vested	(97,786	)		22.25


Restricted share awards outstanding, December 31, 2013	89,321		$	22.28

Schedule of Stock Options Activity

A summary of activity related to stock option awards for the years ended December 31, 2013, 2012 and 2011 follows:

			Weighted Average Exercise Price

Option awards outstanding, December 31, 2010	981,710		$	17.04
Granted	300,000			22.31
Option awards issued in exchange for PIUs	4,534,970			27.00
Exercised	(31,029	)		10.48
Canceled or forfeited	(47,529	)		19.55


Option awards outstanding, December 31, 2011	5,738,122			25.20
Replacement options issued in conjunction with the acquisition of Herald	256,028			31.32
Exercised	(251,120	)		14.32
Canceled or forfeited	(44,242	)		34.31


Option awards outstanding, December 31, 2012	5,698,788			25.89
Exercised	(539,588	)		18.37
Canceled or forfeited	(88,261	)		43.30


Option awards outstanding, December 31, 2013	5,070,939			26.38




Exercisable at December 31, 2013	5,004,273		$	26.44

Schedule of Share Based Payment Award, Stock Options Valuation Assumptions

	2012			2011

	Options Granted			Options Granted			Exchanged for PIUs
Expected volatility		35.97	%		42.85	%		45.00	%
Expected dividend yield		2.95	%		2.51	%		2.07	%
Expected term in years		1.7			6.0			5.1
Risk-free interest rate		0.27	%		1.07	%		1.98	%
Weighted average grant date fair value	$	4.70		$	7.19		$	9.42

Schedule of Options Outstanding and Exercisable, Additional Information

Additional information about options outstanding and exercisable at December 31, 2013 is presented in the following table:

	Outstanding Options						Exercisable Options

Range of Exercise Prices	Number of Options		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)		Number of Options		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value (in thousands)
$10.00 - $13.39		78,110		5.73	$	1,701		78,110		5.73	$	1,701
$15.94 - $19.97		107,218		6.38		1,612		107,218		6.38		1,612
$21.36 - $22.31		332,956		7.63		3,540		266,290		7.55		2,832
$27		4,534,970		7.09		26,847		4,534,970		7.09		26,847
$63.74		17,685		4.95		—		17,685		4.95		—


		5,070,939		7.08	$	33,700		5,004,273		7.07	$	32,992

Regulatory Requirements and Restrictions (Tables)

12 Months Ended

Dec. 31, 2013

Regulatory Requirements and Restrictions [Abstract]

Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

The following tables provide information regarding regulatory capital for the Company and its banking subsidiaries as of December 31, 2013 and 2012 (dollars in thousands):

	2013

	Actual					Required to be Considered Well Capitalized						Required to be Considered Adequately Capitalized
	Amount		Ratio			Amount			Ratio			Amount		Ratio
BankUnited, Inc.:
Tier 1 leverage	$	1,801,848		12.42	%		N/A	(1)		N/A	(1)	$	580,454		4.00	%
Tier 1 risk-based capital	$	1,801,848		21.06	%	$	513,439			6.00	%	$	342,293		4.00	%
Total risk based capital	$	1,876,640		21.93	%	$	855,732			10.00	%	$	684,586		8.00	%
BankUnited:
Tier 1 leverage	$	1,519,285		10.58	%	$	718,098			5.00	%	$	574,479		4.00	%
Tier 1 risk-based capital	$	1,519,285		18.06	%	$	504,822			6.00	%	$	336,548		4.00	%
Total risk based capital	$	1,592,564		18.93	%	$	841,371			10.00	%	$	673,097		8.00	%

	2012

	Actual					Required to be Considered Well Capitalized						Required to be Considered Adequately Capitalized
	Amount		Ratio			Amount			Ratio			Amount		Ratio
BankUnited, Inc.:
Tier 1 leverage	$	1,646,120		13.16	%		N/A	(1)		N/A	(1)	$	500,402		4.00	%
Tier 1 risk-based capital	$	1,646,120		33.60	%	$	293,952			6.00	%	$	195,968		4.00	%
Total risk based capital	$	1,708,907		34.88	%	$	489,920			10.00	%	$	391,936		8.00	%
BankUnited:
Tier 1 leverage	$	1,304,980		11.01	%	$	592,836			5.00	%	$	474,269		4.00	%
Tier 1 risk-based capital	$	1,304,980		29.12	%	$	268,903			6.00	%	$	179,269		4.00	%
Total risk based capital	$	1,361,736		30.38	%	$	448,173			10.00	%	$	358,538		8.00	%
Herald:
Tier 1 leverage	$	91,249		18.78	%	$	24,294			5.00	%	$	19,435		4.00	%
Tier 1 risk-based capital	$	91,249		31.67	%	$	17,287			6.00	%	$	11,525		4.00	%
Total risk based capital	$	92,998		32.28	%	$	28,810			10.00	%	$	23,048		8.00	%

(1): There is no Tier 1 leverage ratio component in the definition of a well-capitalized bank holding company.

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Measurements [Abstract]

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following tables present assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012 (in thousands):

	2013

	Level 1		Level 2		Level 3		Total
Investment securities available for sale:
U.S. Government agency and sponsored enterprise residential mortgage-backed securities	$	—	$	1,574,303	$	—	$	1,574,303
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		26,777		—		26,777
Re-Remics		—		271,785		—		271,785
Private label residential mortgage-backed securities and CMOs		—		110,710		199,408		310,118
Private label commercial mortgage-backed securities		—		808,772		—		808,772
Non-mortgage asset-backed securities		—		178,994		—		178,994
Mutual funds and preferred stocks		149,427		250		—		149,677
Small Business Administration securities		—		308,937		—		308,937
Other debt securities		—		3,160		4,601		7,761
Derivative assets		—		21,831		35		21,866


Total assets at fair value	$	149,427	$	3,305,519	$	204,044	$	3,658,990




Derivative liabilities	$	—	$	43,788	$	3	$	43,791


Total liabilities at fair value	$	—	$	43,788	$	3	$	43,791

	2012

	Level 1		Level 2		Level 3		Total
Investment securities available for sale:
U.S. Treasury and Government agency securities	$	20,141	$	15,013	$	—	$	35,154
U.S. Government agency and sponsored enterprise residential mortgage-backed securities		—		1,584,523		—		1,584,523
U.S. Government agency and sponsored enterprise commercial mortgage-backed securities		—		60,416		—		60,416
Re-Remics		—		585,042		—		585,042
Private label residential mortgage-backed securities and CMOs		—		205,027		243,058		448,085
Private label commercial mortgage-backed securities		—		433,092		—		433,092
Collateralized loan obligations		—		253,188		—		253,188
Non-mortgage asset-backed securities		—		241,346		—		241,346
Mutual funds and preferred stocks		149,279		374		—		149,653
State and municipal obligations		—		25,353		—		25,353
Small Business Administration securities		—		339,610		—		339,610
Other debt securities		—		12,777		4,173		16,950
Derivative assets		—		4,908		—		4,908


Total assets at fair value	$	169,420	$	3,760,669	$	247,231	$	4,177,320




Derivative liabilities	$	—	$	55,712	$	29	$	55,741


Total liabilities at fair value	$	—	$	55,712	$	29	$	55,741

Schedule of the Changes in the Fair Value of Assets and Liabilities Measured on a Recurring Basis, Unobservable Input

	2013

	Private Label Residential Mortgage-Backed Securities			Other Debt Securities			Derivative Assets		Derivative Liabilities
Balance at beginning of period	$	243,058		$	4,173		$	—	$	(29	)
Gains (losses) for the period included in:
Net income		—			—			35		26
Other comprehensive income		(2,157	)		691			—		—
Premium and discount (amortization) accretion		12,470			61			—		—
Purchases or issuances		—			—			—		—
Sales		—			—			—		—
Settlements		(53,963	)		(324	)		—		—
Transfers into level 3		—			—			—		—
Transfers out of level 3		—			—			—		—


Balance at end of period	$	199,408		$	4,601		$	35	$	(3	)

	2012

	Private Label Residential Mortgage-Backed Securities			Non-Mortgage Asset-Backed Securities			Other Debt Securities			Derivative Liabilities
Balance at beginning of period	$	387,687		$	79,870		$	3,159		$	—
Gains (losses) for the period included in:
Net income		—			—			—			(29	)
Other comprehensive income		16,629			1,482			1,234			—
Premium and discount (amortization) accretion		12,713			443			63			—
Purchases or issuances		167,300			—			—			—
Sales		—			—			—			—
Settlements		(136,244	)		(15,499	)		(283	)		—
Transfers into level 3		—			—			—			—
Transfers out of level 3		(205,027	)		(66,296	)		—			—


Balance at end of period	$	243,058		$	—		$	4,173		$	(29	)

	2011

	Re-Remics			Private Label Residential Mortgage-Backed Securities			Private Label Commercial Mortgage-Backed Securities			Non-Mortgage Asset-Backed Securities			Other Debt Securities			FDIC Warrant			PIU Liability			Derivative Liabilities
Balance at beginning of period	$	612,631		$	382,920		$	—		$	130,610		$	3,943		$	(25,000	)	$	(44,964	)	$	(78	)
Gains (losses) for the period included in:
Net income		—			—			—			—			—			—			—			78
Other comprehensive income		(9,949	)		(18,135	)		6,033			(3,256	)		(771	)		—			—			—
Premium and discount (amortization) accretion		1,430			17,595			2,171			(4,872	)		84			—			—			—
Purchases or issuances		—			93,594			178,370			140,922			—			—			—			—
Sales		—			—			—			(14,978	)		—			—			—			—
Settlements		(145,700	)		(88,287	)		(22,856	)		(75,288	)		(97	)		25,000			44,964			—
Transfers into level 3		—			—			—			64,533			—			—			—			—
Transfers out of level 3		(458,412	)		—			(163,718	)		(157,801	)		—			—			—			—


Balance at end of period	$	—		$	387,687		$	—		$	79,870		$	3,159		$	—		$	—		$	—

Schedule of Valuation Techniques and Unobservable Inputs Used in the Valuation of Financial Instruments Falling Within Level 3 of the Fair Value Hierarchy

	Fair Value at December 31, 2013		Valuation Technique	Unobservable Input	Range (Weighted Average)

Private label residential mortgage-backed securities and CMOs—Covered	$	175,863	Discounted cash flow	Voluntary prepayment rate	2.70% - 20.00% (6.99%)
				Probability of default	0.02% - 19.13% (4.49%)
				Loss severity	0.00% - 55.00% (17.29%)
Private label residential mortgage-backed securities and CMOs—Non-covered	$	23,545	Discounted cash flow	Voluntary prepayment rate	9.42% - 14.64% (13.53%)
				Probability of default	0.20% - 1.42% (1.01%)
				Loss severity	0.07% - 9.46% (3.88%)

Schedule of Assets for Which Nonrecurring Changes in Fair Value have been Recorded

The following tables present assets for which non-recurring changes in fair value have been recorded for the years ended December 31, 2013, 2012 and 2011 (in thousands):

	2013

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	40,570	$	40,570	$	(1,939	)




Impaired loans	$	—	$	—	$	7,320	$	7,320	$	(22,865	)

	2012

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	76,022	$	76,022	$	(9,926	)




Impaired loans	$	—	$	—	$	5,956	$	5,956	$	(1,600	)

	2011

	Level 1		Level 2		Level 3		Total		Gains (Losses) from Fair Value Changes
OREO	$	—	$	—	$	123,737	$	123,737	$	(24,569	)




Impaired loans	$	—	$	—	$	5,028	$	5,028	$	(4,254	)

Schedule of the Carrying Value and Fair Value of Financial Instruments

		2013				2012

	Level	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets:
Cash and cash equivalents	1	$	252,749	$	252,749	$	495,353	$	495,353
Investment securities available for sale	1/2/3		3,637,124		3,637,124		4,172,412		4,172,412
Non-marketable equity securities	2		152,066		152,066		133,060		133,060
Loans held for sale	2		194		197		2,129		2,151
Loans:
Covered	3		1,471,493		2,199,683		1,846,482		2,508,466
Non-covered	3		7,512,391		7,424,698		3,666,136		3,718,377
FDIC Indemnification asset	3		1,205,117		854,703		1,457,570		1,285,434
Accrued interest receivable	2		25,150		25,150		22,059		22,059
Derivative assets	2/3		21,866		21,866		4,908		4,908
Liabilities:
Demand, savings and money market deposits	2	$	7,250,401	$	7,250,401	$	5,897,362	$	5,897,362
Time deposits	2		3,282,027		3,303,358		2,640,711		2,666,780
Federal Home Loan Bank advances and other borrowings	2		2,414,313		2,417,566		1,925,094		1,937,491
Accrued interest payable	2		1,643		1,643		3,877		3,877
Derivative liabilities	2/3		43,791		43,791		55,741		55,741

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies [Abstract]

Schedule of Lending Related Commitments Outstanding

Total lending related commitments outstanding at December 31, 2013 were as follows (in thousands):

	Covered		Non-Covered		Total

Commitments to fund loans	$	—	$	685,384	$	685,384
Commitments to purchase loans		—		66,290		66,290
Unfunded commitments under lines of credit		51,085		920,638		971,723
Commercial and standby letters of credit		—		50,468		50,468


	$	51,085	$	1,722,780	$	1,773,865

Condensed Financial Statements of BankUnited, Inc. (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Statements of BankUnited, Inc. [Abstract]

Schedule of Condensed Balance Sheet

Condensed Balance Sheets

	December 31, 2013		December 31, 2012

Assets:
Cash and cash equivalents	$	132,293	$	52,989
Investment securities available for sale, at fair value		132,262		155,688
Investment in subsidiaries		1,643,939		1,554,153
Deferred tax asset, net		15,043		14,973
Other assets		31,254		32,582


Total assets	$	1,954,791	$	1,810,385




Liabilities and Stockholders' Equity:
Liabilities	$	26,093	$	3,705
Stockholders' equity		1,928,698		1,806,680


Total liabilities and stockholders' equity	$	1,954,791	$	1,810,385

Schedule of Condensed Statements of Income

Condensed Statements of Income

	Years Ended December 31,

	2013			2012			2011
Income:
Interest and dividends on investment securities available for sale	$	5,647		$	3,890		$	2,033
Service fees from subsidiaries		6,293			14,043			25,659
Equity in earnings of subsidiaries		216,240			218,154			190,134
Other		68			5,905			—


Total		228,248			241,992			217,826


Expense:
Employee compensation and benefits		18,465			26,928			145,279
Other		6,806			6,914			7,858


Total		25,271			33,842			153,137


Income before income taxes		202,977			208,150			64,689
Provision (benefit) for income taxes		(5,959	)		(3,110	)		1,521


Net income	$	208,936		$	211,260		$	63,168

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Years Ended December 31,

	2013			2012			2011
Cash flows from operating activities:
Net income	$	208,936		$	211,260		$	63,168
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries		(116,240	)		(118,154	)		(75,134	)
Equity based compensation		13,429			23,204			144,769
Other		5,774			(5,529	)		(883	)


Net cash provided by operating activities		111,899			110,781			131,920


Cash flows from investing activities:
Capital contributions to subsidiary		—			(30,000	)		—
Purchase of investment securities available for sale		—			(99,710	)		(123,367	)
Proceeds from repayments, sale, maturities and calls of investment securities available for sale		19,851			53,094			17,812
Cash paid in business combination		—			(25,164	)		—
Other		79			(326	)		(223	)


Net cash provided by (used in) investing activities		19,930			(102,106	)		(105,778	)


Cash flows from financing activities:
Issuance of common stock		—			—			98,620
Dividends paid		(65,225	)		(89,021	)		(55,803	)
Settlement of FDIC warrant liability		—			—			(25,000	)
Other		12,700			5,209			931


Net cash provided by (used in) financing activities		(52,525	)		(83,812	)		18,748


Net increase (decrease) in cash and cash equivalents		79,304			(75,137	)		44,890
Cash and cash equivalents, beginning of period		52,989			128,126			83,236


Cash and cash equivalents, end of period	$	132,293		$	52,989		$	128,126




*Supplemental schedule of non-cash investing and financing activities:*
Dividends declared, not paid	$	21,833		$	—		$	14,930




Equity consideration issued in business combination	$	—		$	39,861		$	—




Reclassification of liability awards to equity	$	507		$	—		$	44,964

Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information [Abstract]

Schedule of Quarterly Financial Information

Financial information by quarter for the years ended December 31, 2013 and 2012 follows (in thousands, except per share data):

	2013

	Fourth Quarter		Third Quarter		Second Quarter		First Quarter		Total
Interest income	$	188,664	$	187,684	$	186,098	$	176,375	$	738,821
Interest expense		24,409		23,566		22,048		22,588		92,611


Net interest income before provision for loan losses		164,255		164,118		164,050		153,787		646,210
Provision for loan losses		12,512		2,604		4,881		11,967		31,964


Net interest income after provision for loan losses		151,743		161,514		159,169		141,820		614,246


Non-interest income		5,850		1,333		6,080		17,843		31,106
Non-interest expense		84,204		84,290		78,347		80,509		327,350


Income before income taxes		73,389		78,557		86,902		79,154		318,002
Provision for income taxes		20,996		24,248		32,894		30,928		109,066


Net income	$	52,393	$	54,309	$	54,008	$	48,226	$	208,936




Earnings per common share, basic	$	0.50	$	0.52	$	0.52	$	0.48	$	2.03




Earnings per common share, diluted	$	0.50	$	0.52	$	0.52	$	0.47	$	2.01

	2012

	Fourth Quarter		Third Quarter		Second Quarter		First Quarter		Total
Interest income	$	202,346	$	170,305	$	177,915	$	170,290	$	720,856
Interest expense		27,782		30,888		32,118		32,481		123,269


Net interest income before provision for loan losses		174,564		139,417		145,797		137,809		597,587
Provision for loan losses		1,030		6,374		2,725		8,767		18,896


Net interest income after provision for loan losses		173,534		133,043		143,072		129,042		578,691


Non-interest income(1)(2)		5,499		25,684		21,666		36,398		89,247
Non-interest expense		78,702		77,222		83,031		84,118		323,073


Income before income taxes		100,331		81,505		81,707		81,322		344,865
Provision for income taxes		37,829		31,948		32,778		31,050		133,605


Net income	$	62,502	$	49,557	$	48,929	$	50,272	$	211,260




Earnings per common share, basic	$	$0.61	$	$0.48	$	$0.48	$	$0.49	$	2.05




Earnings per common share, diluted	$	$0.61	$	$0.48	$	$0.48	$	$0.49	$	2.05

(1): Non-interest income for the fourth quarter of 2012 includes a loss from the extinguishment of Federal Home Loan Bank advances of $14.2 million. See Note 11.
(2): Non-interest income for the fourth quarter of 2012 includes a loss from the termination of an interest rate swap of $8.7 million. See Note 13.

Basis of Presentation and Summary of Significant Accounting Policies (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Number of branches located in Florida (in Branches)	99
Number of counties Florida branches located in (in Counties)	15
Number of branches located in New York metropolitan area (in Branches)	6
Business acquisition, effective date of acquisition (Date)	Feb. 29, 2012
Percent FDIC will reimburse for covered losses (in Percent)	80.00%
Limit on losses reimbursed at 80%	$ 4,000,000
Percent of losses in excess of limit FDIC will reimburse (in Percent)	95.00%
Period prior to May 21, 2014 if the Bank seeks to sell commercial loans and the FDIC refuses to consent to sale, then the Commercial Shared-Loss Agreement will be extended for two years after its anniversary (in Duration)	9 months
Period of extension of the Commercial Shared-Loss Agreement, if the Bank seeks to sell commercial loans in the nine months prior to May 21, 2014 and the FDIC refuses to consent to the sale (in Duration)	2 years
Number of pools included in portfolio whose carrying balance has been reduced to zero (in Pools)	1
Carrying value of one pool reduced included portfolio	$ 0
Period of delinquency of principal or interest at which new and non-ACI commercial loans are placed on non-accrual status unless the loan is well-secured and in the process of collection (in Duration)	90 days
Period of delinquency of interest at which new and non-ACI residential and consumer loans are placed on non-accrual status unless the loan is well-secured and in the process of collection (in Duration)	90 days
Period of principal or interest paid at which new and non-ACI residential loans are returned to accrual status (in Duration)	90 days
Maximum period of loans past due reported as current (in Duration)	30 days
Period of no missed payments, borrower exempt from troubled-debt restructuring (in Duration)	6 months
Period pursuant to modified loan terms of borrower compliance loan is returned to accrual status (in Duration)	6 months
The value at which non accrual status commercial relationships are evaluated for impairment	$ 750
Minimum period of delinquency for new open- and closed-end loans secured by residential real estate, at which an assesment of collateral value is made (in Duration)	120 days
Minimum period of deliquency of any outstanding loan balance in excess of fair value less cost to sell, at which it is charged off (in Duration)	180 days
Period after receipt of notification of filing from the bankruptcy court at which any outstanding balance in excess of fair value of collateral less cost to sell, at which it is charged off (in Duration)	60 days
Period within determination of loss if all borrowers are deceased, at which any outstanding balance in excess of fair value of collateral less cost to sell, at which it is charged off (in Duration)	60 days
Period within days of discovery of fraudulent activity, at which any outstanding balance in excess of fair value of collateral less cost to sell, at which it is charged off (in Duration)	90 days
Minimum period of deliquency at which a four quarter roll matrix is used to estimate the amount within each delinquency bucket (in Duration)	120 days
Period of deliquency of consumer loans, at which, at which they are charged off when management deems them to be uncollectible (in Duration)	120 days
Percent of loss severity assumption for home equity loans and lines of credit projected to roll to 120 days delinquency (in Percent)	100.00%
Period of delinquency at which 100% loss severity is assumed (in Duration)	120 days
Minimum committed balance of commercial relationships with risk ratings of substandard or doubtful at which cash flow assumptions are based on net realizable value analyses	$ 750
Goodwill	67,000	$ 67,000
Goodwill impairment	$ 0	$ 0
Quarter during which the Company performs its annual goodwill impairment test (in Quarter)	3
Property Plant And Equipment [Line Items]
Percentage floor, after which the likelihood that the tax benefit related to uncertain tax positions are measured (in Percent)	50.00%
Branch Buildings And Improvements [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	30 years
Leasehold Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	5 years
Leasehold Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	20 years
Furniture, Fixtures And Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	5 years
Furniture, Fixtures And Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	7 years
Computer Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	3 years
Computer Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	5 years
Software And Software Licensing Rights [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	3 years
Software And Software Licensing Rights [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives of premises and equipment (in Duration)	5 years

Earnings Per Common Share (Schedule of Earnings per Share, Basic and Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Numerator:
Net income	$ 52,393	$ 54,309	$ 54,008	$ 48,226	$ 62,502	$ 49,557	$ 48,929	$ 50,272	$ 208,936	$ 211,260	$ 63,168
Preferred stock dividends										(3,899)
Net income available to common stockholders									208,936	207,361	63,168
Distributed and undistributed earnings allocated to participating securities									(9,380)	(15,081)	(3,449)
Income allocated to common stockholders for basic earnings per common share									$ 199,556	$ 192,280	$ 59,719
Denominator:
Weighted average common shares outstanding (in Shares)									99,587,970	94,791,484	96,875,386
Less average unvested stock awards (in Shares)									(1,093,930)	(1,137,210)	(1,421,694)
Weighted average shares for basic earnings per common share (in Shares)									98,494,040	93,654,274	95,453,692
Basic earnings per common share (in Dollars per Share)	$ 0.50	$ 0.52	$ 0.52	$ 0.48	$ 0.61	$ 0.48	$ 0.48	$ 0.49	$ 2.03	$ 2.05	$ 0.63
Numerator:
Income allocated to common stockholders for basic earnings per common share									$ 199,556	$ 192,280	$ 59,719
Adjustment for earnings reallocated from participating securities									1,265	20
Income used in calculating diluted earnings per common share									$ 200,821	$ 192,300	$ 59,719
Denominator:
Average shares for basic earnings per common share (in Shares)									98,494,040	93,654,274	95,453,692
Dilutive effect of stock options and preferred shares (in Shares)									1,257,565	174,509	151,585
Weighted average shares for diluted earnings per common share (in Shares)									99,751,605	93,828,783	95,605,277
Diluted earnings per common share (in Dollars per Share)	$ 0.50	$ 0.52	$ 0.52	$ 0.47	$ 0.61	$ 0.48	$ 0.48	$ 0.49	$ 2.01	$ 2.05	$ 0.62

Earnings Per Common Share (Schedule of Potentially Dilutive Securities Outstanding) (Details) - shares

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Unvested shares [Member]

Antidilutive Securities Excluded from Computation of Earnings per Share [Line Items]

Potentially dilutive securities outstanding (in Shares)

^[1]

752,609

1,248,407

1,663,822

Stock options and warrants [Member]

Antidilutive Securities Excluded from Computation of Earnings per Share [Line Items]

Potentially dilutive securities outstanding (in Shares)

6,386,815

6,950,735

5,073,580

Convertible preferred shares [Member]

Antidilutive Securities Excluded from Computation of Earnings per Share [Line Items]

Potentially dilutive securities outstanding (in Shares)

5,415,794

[1]	Includes contingently issuable performance share awards.

Acquisition Activity (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Acquisition Activity [Abstract]
Business acquisition, effective date of acquisition (Date)	Feb. 29, 2012
Business acquisition, cost of acquired entity, purchase price	$ 65,000
Business acquisition, cost of acquired entity, cash paid	25,000
Business acquisition, shares issued, value	39,000
Business acquisition, value of stock options and warrants issued	$ 1,000
Business acquisition, percent acquired (in Percent)	100.00%
Business acquisition, assets acquired	$ 508,000
Business acquisition, liabilities assumed	438,000
Gain on acquisition of business	$ 5,300
Common Stock [Member]
Business acquisition, number of shares issued (in Shares)		1,676,060
Preferred Stock [Member]
Business acquisition, number of shares issued (in Shares)

Investment Securities Available for Sale (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)	Dec. 31, 2012	Dec. 31, 2011
Investment Securities Available for Sale [Abstract]
Weighted average life of investment portfolio (in Duration)	4 years 4 months 24 days
Effective duration of investment portfolio (in Duration)	2 years 1 month 6 days
Carrying value of securities pledged as collateral	$ 900,000
Mutual fund, period of unrealized loss position, recognized as other-than-temporary impairment (in Duration)	34 months
Increase in FDIC indemnification asset mitigating impact of impairment	$ 770
Amount of impairment of securities for which impairment considered insignificant	$ 32
Number of securities determined to be other than temporarily impaired during the period (in Securities)	1	0	0
Number of securities which impairment considered insignificant (in Securities)	11
Total number of securities in unrealized loss positions (in Securities)	63
U.S. Government agency and sponsored enterprise residential and commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	15
Number of securities in unrealized loss positions for three months or less (in Securities)	5
Number of securities in unrealized loss positions for less than twelve months (in Securities)	10
Private label residential mortgage-backed securities and CMOs and Re-Remics [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	12
Number of securities in unrealized loss positions for three months or less (in Securities)	4
Number of securities in unrealized loss positions for twelve months or less (in Securities)	5
Number of securities in unrealized loss positions for fourteen months (in Securities)	2
Number of securities in unrealized loss positions for thirty months (in Securities)	1
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for thirty months (in Percent)	10.00%
Private label residential mortgage-backed securities and CMOs and Re-Remics [Member] \| Minimum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	1.00%
Private label residential mortgage-backed securities and CMOs and Re-Remics [Member] \| Maximum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	6.00%
Private label commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	16
Number of securities in unrealized loss positions for three months or less (in Securities)	7
Number of securities in unrealized loss positions for less than twelve months (in Securities)	9
Private label commercial mortgage-backed securities [Member] \| Minimum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	1.00%
Private label commercial mortgage-backed securities [Member] \| Maximum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	6.00%
Mututal Funds [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	3
Mututal Funds [Member] \| Maximum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	6.00%
Preferred Stock [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	5
Preferred Stock [Member] \| Maximum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	4.00%
Non-mortgage asset-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Number of securities in unrealized loss positions (in Securities)	1
Non-mortgage asset-backed securities [Member] \| Maximum [Member]
Schedule of Available for Sale Securities [Line items]
Percent of unnrealized loss to amortized cost of securities in unrealized loss positions for 3 months or less and for 12 months or less (in Percent)	1.00%

Investment Securities Available for Sale (Schedule of Investment Securities Available for Sale) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Schedule of Available for Sale Securities [Line items]
Covered Securities, Amortized Cost	$ 138,395	$ 163,844
Non-Covered Securites, Amortized Cost	3,386,800	3,823,683
Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	67,484	63,207
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	70,155	122,656
Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(110)	(546)
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(25,600)	(432)
Covered Securities, Fair Value	205,769	226,505
Non-Covered Securities, Fair Value	3,431,355	3,945,907
US Treasury and government agency securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost		34,998
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect		157
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect		(1)
Non-Covered Securities, Fair Value		35,154
US Government agency and sponsored enterprise residential mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	1,548,671	1,520,047
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	34,191	64,476
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(8,559)
Non-Covered Securities, Fair Value	1,574,303	1,584,523
US Government agency and sponsored enterprise commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	27,132	58,518
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect		1,898
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(355)
Non-Covered Securities, Fair Value	26,777	60,416
Resecuritized real estate mortgage investment conduits ("Re-Remics") [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	267,525	575,069
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	4,261	10,063
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(1)	(90)
Non-Covered Securities, Fair Value	271,785	585,042
Private label residential mortgage-backed securities and CMO's [Member]
Schedule of Available for Sale Securities [Line items]
Covered Securities, Amortized Cost	119,434	143,739
Non-Covered Securites, Amortized Cost	135,750	243,029
Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	56,539	58,266
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	329	3,437
Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(110)	(185)
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(1,824)	(201)
Covered Securities, Fair Value	175,863	201,820
Non-Covered Securities, Fair Value	134,255	246,265
Private label commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	814,114	413,110
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	7,638	19,982
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(12,980)
Non-Covered Securities, Fair Value	808,772	433,092
Collateralized loan obligations [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost		252,280
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect		908
Non-Covered Securities, Fair Value		253,188
Non-mortgage asset-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	172,329	233,791
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	6,676	7,672
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(11)	(117)
Non-Covered Securities, Fair Value	178,994	241,346
Mutual funds and preferred stocks [Member]
Schedule of Available for Sale Securities [Line items]
Covered Securities, Amortized Cost	15,419	16,382
Non-Covered Securites, Amortized Cost	125,387	125,127
Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	6,726	1,439
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	4,015	7,066
Covered Securities, Gross Unrealized Loss, Balance Sheet Effect		(361)
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect	(1,870)
Covered Securities, Fair Value	22,145	17,460
Non-Covered Securities, Fair Value	127,532	132,193
State and municipal obligations [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost		25,127
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect		249
Non-Covered Securities, Gross Unrealized Loss, Balance Sheet Effect		(23)
Non-Covered Securities, Fair Value		25,353
Small Business Administration securities [Member]
Schedule of Available for Sale Securities [Line items]
Non-Covered Securites, Amortized Cost	295,892	333,423
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	13,045	6,187
Non-Covered Securities, Fair Value	308,937	339,610
Other debt securities [Member]
Schedule of Available for Sale Securities [Line items]
Covered Securities, Amortized Cost	3,542	3,723
Non-Covered Securites, Amortized Cost		9,164
Covered Securities, Gross Unrealized Gain, Balance Sheet Effect	4,219	3,502
Non-Covered Securities, Gross Unrealized Gain, Balance Sheet Effect		561
Covered Securities, Fair Value	$ 7,761	7,225
Non-Covered Securities, Fair Value		$ 9,725

Investment Securities Available for Sale (Schedule of Maturities of Investment Securities Available for Sale) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Investment Securities Available for Sale [Abstract]
Due in one year or less, amortized cost	$ 450,966
Due after one year through five years, amortized cost	1,856,202
Due after five years through ten years, amortized cost	887,083
Due after ten years, amortized cost	190,138
Mutual funds and preferred stocks with no stated maturity, amortized cost	140,806
Amortized cost	3,525,195
Due in one year or less, fair value	474,236
Due after one year through five years, fair value	1,906,130
Due after five years through ten years, fair value	904,287
Due after ten years, fair value	202,794
Mutual funds and preferred stocks with no stated maturity, fair value	149,677
Fair value	$ 3,637,124	$ 4,172,412

Investment Securities Available for Sale (Schedule of Gains and Losses on the Sale and Exchange of Investment Securities Available for Sale) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Investment Securities Available for Sale [Abstract]
Proceeds from sale of investment securities available for sale	$ 874,876	$ 835,745	$ 217,069
Gross realized gains	11,119	17,338	1,224
Gross realized losses	(1,527)	(299)	(88)
Net realized gain	9,592	17,039	1,136
OTTI	(963)
Gain on investment securities available for sale, net	$ 8,629	$ 17,039	$ 1,136

Investment Securities Available for Sale (Schedule of the Aggregate Fair Value and Amount by which Amortized Cost Exceeds Fair Value for Investment Securities that are in Unrealized Loss Positions) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	$ 1,112,030	$ 103,457
Unrealized losses on securities in a continuous loss position for less than 12 months	(25,472)	(225)
Estimated fair value,12 months or greater	10,303	40,561
Unrealized losses on securities in a continuous loss position for 12 months or more	(238)	(753)
Estimated fair value, total	1,122,333	144,018
Unrealized losses on securities in a continuous loss position	(25,710)	(978)
US Government agency and sponsored enterprise residential mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	414,361
Unrealized losses on securities in a continuous loss position for less than 12 months	(8,559)
Estimated fair value, total	414,361
Unrealized losses on securities in a continuous loss position	(8,559)
US Government agency and sponsored enterprise commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	26,777
Unrealized losses on securities in a continuous loss position for less than 12 months	(355)
Estimated fair value, total	26,777
Unrealized losses on securities in a continuous loss position	(355)
US Treasury and government agency securities [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months		5,000
Unrealized losses on securities in a continuous loss position for less than 12 months		(1)
Estimated fair value, total		5,000
Unrealized losses on securities in a continuous loss position		(1)
Re-Remics [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	11,037	42,018
Unrealized losses on securities in a continuous loss position for less than 12 months	(1)	(16)
Estimated fair value,12 months or greater		8,833
Unrealized losses on securities in a continuous loss position for 12 months or more		(74)
Estimated fair value, total	11,037	50,851
Unrealized losses on securities in a continuous loss position	(1)	(90)
Private label residential mortgage-backed securities and CMO's [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	79,048	53,537
Unrealized losses on securities in a continuous loss position for less than 12 months	(1,696)	(185)
Estimated fair value,12 months or greater	10,303	6,080
Unrealized losses on securities in a continuous loss position for 12 months or more	(238)	(201)
Estimated fair value, total	89,351	59,617
Unrealized losses on securities in a continuous loss position	(1,934)	(386)
Private label commercial mortgage-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	511,778
Unrealized losses on securities in a continuous loss position for less than 12 months	(12,980)
Estimated fair value, total	511,778
Unrealized losses on securities in a continuous loss position	(12,980)
Non-mortgage asset-backed securities [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	1,516
Unrealized losses on securities in a continuous loss position for less than 12 months	(11)
Estimated fair value,12 months or greater		10,566
Unrealized losses on securities in a continuous loss position for 12 months or more		(117)
Estimated fair value, total	1,516	10,566
Unrealized losses on securities in a continuous loss position	(11)	(117)
Mutual funds and preferred stocks [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months	67,513
Unrealized losses on securities in a continuous loss position for less than 12 months	(1,870)
Estimated fair value,12 months or greater		15,082
Unrealized losses on securities in a continuous loss position for 12 months or more		(361)
Estimated fair value, total	67,513	15,082
Unrealized losses on securities in a continuous loss position	$ (1,870)	(361)
State and municipal obligations [Member]
Schedule of Available for Sale Securities [Line items]
Estimated fair value, less than 12 months		2,902
Unrealized losses on securities in a continuous loss position for less than 12 months		(23)
Estimated fair value, total		2,902
Unrealized losses on securities in a continuous loss position		$ (23)

Loans and Allowance for Loan and Lease Losses (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Loans and Allowance for Loan and Lease Losses [Abstract]
Unpaid principal balance of ACI loans	$ 3,300,000	$ 4,200,000
Amount of 1-4 single family residential loans purchased	1,100,000	709,000
Unpaid principal balance of real estate loans pledged as security for FHLB advances	6,000,000
Carrying amounts of real estate loans pledged as security for FHLB advances	4,200,000
Unpaid principal balance of loans sold from pool of ACI loans with zero carrying value	102,000	73,000
The value at which non accrual status commercial relationships are evaluated for impairment	750
Amount of new and non-ACI loans delinquent by 90 days or more and still accruing	500	200
Financing receivable credit quality indicator, the value at which relationships are reevaluated at least annually	1,000
Unpaid balance of loans remaining in pool of 1-4 single family residential loan pool with $0 carrying value	64,000
Carrying value of 1-4 single family residential and home equity ACI loans delinquent more than 90 days and on accrual status	60,000	151,000
Carrying value of commercial and ACI loans that are delinquent more than 90 days and on accrual status	18,000	$ 26,000
Carrying value of ACI commercial real estate loans at which discount is no longer being accreted	$ 1,000
Percent of new consumer loans represented by indirect auto loans (in Percent)	94.40%
Maximum percent of one to four single family residential loans of any state not otherwise disclosed (in Percent)	3.70%

Loans and Allowance for Loan and Lease Losses (Schedule of Accounts Notes Loans and Financing Receivable) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 9,026,109

$ 5,578,111

Percent of total loans (in Percent)

100.00%

Premiums, discounts and deferred fees and costs, net, covered and non-covered loans

$ 27,500

$ (6,372)

Loans net of premiums, discounts and deferred fees and costs, covered

1,483,888

1,864,375

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

9,053,609

5,571,739

Allowance for loan and lease losses, covered and non-covered loans

(69,725)

(59,121)

Loans, net, covered and non-covered

8,983,884

5,512,618

Loss on sale of covered loans

(16,195)

(29,270)

$ (70,366)

Net Investment in Direct Financing Leases:

Total minimum lease payments to be received

360,584

243,604

Unearned income

(23,202)

(17,624)

Initial direct costs

2,980

1,761

Total

340,362

227,741

Future minimum lease payments due years ending December 31:

112,133

94,154

62,401

30,610

15,609

45,677

360,584

243,604

Residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 3,096,666

$ 2,526,404

Percent of total loans (in Percent)

34.30%

45.30%

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 3,111,167

$ 2,523,564

1-4 single family residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

^[1]

1,127,390

1,393,547

Gross covered and non-covered loans

^[1]

$ 2,927,722

$ 2,314,260

Percent of total loans (in Percent)

32.40%

41.50%

Loans categorized between fixed rate mortgages and adjustable rate mortgages, percent of total (in Percent)

100.00%

Loans net of premiums, discounts and deferred fees and costs, covered

$ 1,116,682

$ 1,378,693

Loans net of premiums, discounts and deferred fees and costs, non-covered

1,827,780

935,671

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

2,944,462

2,314,364

Unpaid principal balance of covered loans sold

230,031

239,135

268,588

Proceeds from covered loans sold net of transaction costs

116,611

103,796

75,782

Carrying value of covered loans sold

82,160

103,127

146,148

Net pretax impact on earnings excluding gain on indemnification asset from covered loans sold

34,451

669

(70,366)

Loss on sale of covered loans

(16,195)

(29,270)

(70,366)

Proceeds recorded in interest income from covered loans sold

50,646

29,939

Excess of proceeds recorded in interest income over recorded loss on sale of covered loans

34,451

669

(70,366)

Gain on indemnification asset from covered loans sold

21,021

30,725

56,053

1-4 single family residential [Member] | Florida [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, covered

604,384

775,408

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 846,211

$ 900,353

Percent of loans net of premiums, discounts and deferred fees and costs, covered and non-covered (in Percent)

28.70%

38.90%

1-4 single family residential [Member] | California [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, covered

$ 80,919

$ 95,987

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 946,261

$ 534,747

Percent of loans net of premiums, discounts and deferred fees and costs, covered and non-covered (in Percent)

32.10%

23.10%

1-4 single family residential [Member] | Illinois [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, covered

$ 69,966

$ 87,195

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 107,505

$ 114,146

Percent of loans net of premiums, discounts and deferred fees and costs, covered and non-covered (in Percent)

3.70%

4.90%

1-4 single family residential [Member] | New York [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, covered

$ 31,406

$ 37,890

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 150,553

$ 85,804

Percent of loans net of premiums, discounts and deferred fees and costs, covered and non-covered (in Percent)

5.10%

3.70%

1-4 single family residential [Member] | Others [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, covered

$ 330,007

$ 382,213

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 893,932

$ 679,314

Percent of loans net of premiums, discounts and deferred fees and costs, covered and non-covered (in Percent)

30.40%

29.40%

1-4 single family residential [Member] | Fixed rate loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans categorized between fixed rate mortgages and adjustable rate mortgages, percent of total (in Percent)

42.90%

40.70%

Loans net of premiums, discounts and deferred fees and costs, covered

$ 421,143

$ 495,321

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 1,263,130

$ 941,482

1-4 single family residential [Member] | ARM Loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans categorized between fixed rate mortgages and adjustable rate mortgages, percent of total (in Percent)

57.10%

59.30%

Loans net of premiums, discounts and deferred fees and costs, covered

$ 695,539

$ 883,372

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,681,332

1,372,882

Home equity loans and lines of credit [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 168,944

$ 212,144

Percent of total loans (in Percent)

1.90%

3.80%

Commercial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 5,714,657

$ 3,015,492

Percent of total loans (in Percent)

63.30%

54.10%

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 5,720,722

$ 3,012,394

Multi-family [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 1,139,319

$ 364,047

Percent of total loans (in Percent)

12.60%

6.50%

Commercial real estate - Owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 768,712

$ 514,742

Percent of total loans (in Percent)

8.50%

9.30%

Commercial real estate - Non-owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 1,041,133

$ 458,693

Percent of total loans (in Percent)

11.50%

8.20%

Construction and land [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 149,420

$ 91,254

Percent of total loans (in Percent)

1.70%

1.60%

Commercial and industrial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 2,278,691

$ 1,361,226

Percent of total loans (in Percent)

25.30%

24.40%

Lease financing [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 337,382

$ 225,980

Percent of total loans (in Percent)

3.70%

4.10%

Consumer [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered and non-covered loans

$ 214,786

$ 35,765

Percent of total loans (in Percent)

2.40%

0.60%

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 221,720

$ 35,781

ACI loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

1,291,247

1,617,399

Gross non-covered loans

14,860

4,087

Loans net of premiums, discounts and deferred fees and costs, covered

1,291,247

1,617,399

Loans net of premiums, discounts and deferred fees and costs, non-covered

14,860

4,087

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,306,107

1,621,486

Allowance for loan and lease losses, covered loans

(2,893)

(8,019)

Loans, net, covered

1,288,354

1,609,380

Loans, net, non-covered

14,860

4,087

Accretable yield, balance

1,158,572

1,286,066

1,523,615

$ 1,833,974

Reclassifications from non-accretable difference

282,952

206,934

135,933

Accretion

(410,446)

(444,483)

$ (446,292)

ACI loans [Member] | Residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

1,096,614

1,352,608

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,096,614

1,352,608

ACI loans [Member] | 1-4 single family residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

1,057,012

1,300,109

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,057,012

1,300,109

ACI loans [Member] | Home equity loans and lines of credit [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

39,602

52,499

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

39,602

52,499

ACI loans [Member] | Commercial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

192,954

262,552

Gross non-covered loans

14,860

4,087

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

207,814

266,639

ACI loans [Member] | Multi-family [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

33,354

56,148

Gross non-covered loans

8,093

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

41,447

56,148

ACI loans [Member] | Commercial real estate - Owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

49,861

58,675

Gross non-covered loans

5,318

4,087

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

55,179

62,762

ACI loans [Member] | Commercial real estate - Non-owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

93,089

115,057

Gross non-covered loans

1,449

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

94,538

115,057

ACI loans [Member] | Construction and land [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

10,600

18,064

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

10,600

18,064

ACI loans [Member] | Commercial and industrial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

6,050

14,608

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

6,050

14,608

ACI loans [Member] | Consumer [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

1,679

2,239

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,679

2,239

Non-ACI loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

205,889

265,211

Premiums, discounts and deferred fees and costs, net, covered loans

(13,248)

(18,235)

Loans net of premiums, discounts and deferred fees and costs, covered

192,641

246,976

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

192,641

246,976

Allowance for loan and lease losses, covered loans

(9,502)

(9,874)

Loans, net, covered

183,139

237,102

Non-ACI loans [Member] | Residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

198,185

251,129

Non-ACI loans [Member] | 1-4 single family residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

70,378

93,438

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

59,670

78,584

Non-ACI loans [Member] | Home equity loans and lines of credit [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

127,807

157,691

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

125,568

154,747

Non-ACI loans [Member] | Commercial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

7,704

14,082

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

7,403

13,645

Non-ACI loans [Member] | Multi-family [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

716

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

712

Non-ACI loans [Member] | Commercial real estate - Owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

689

850

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

687

851

Non-ACI loans [Member] | Commercial real estate - Non-owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

Non-ACI loans [Member] | Construction and land [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

729

829

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

688

775

Non-ACI loans [Member] | Commercial and industrial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross covered loans

6,234

11,627

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

5,976

11,248

New Loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

7,514,113

3,691,414

Premiums, discounts and deferred fees and costs, net, non-covered loans

40,748

11,863

Loans net of premiums, discounts and deferred fees and costs, non-covered

7,554,861

3,703,277

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

7,554,861

3,703,277

Allowance for loan and lease losses, non-covered loans

(57,330)

(41,228)

Loans, net, non-covered

7,497,531

3,662,049

New Loans [Member] | Residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

1,801,867

922,667

New Loans [Member] | 1-4 single family residential [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

^[1]

1,800,332

920,713

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,827,780

935,671

New Loans [Member] | 1-4 single family residential [Member] | Florida [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

241,827

124,945

New Loans [Member] | 1-4 single family residential [Member] | California [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

865,342

438,760

New Loans [Member] | 1-4 single family residential [Member] | Illinois [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

37,539

26,951

New Loans [Member] | 1-4 single family residential [Member] | New York [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

119,147

47,914

New Loans [Member] | 1-4 single family residential [Member] | Others [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

563,925

297,101

New Loans [Member] | 1-4 single family residential [Member] | Fixed rate loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

841,987

446,161

New Loans [Member] | 1-4 single family residential [Member] | ARM Loans [Member]

Accounts Notes And Loans Receivable [Line Items]

Loans net of premiums, discounts and deferred fees and costs, non-covered

985,793

489,510

New Loans [Member] | Home equity loans and lines of credit [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

1,535

1,954

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,535

1,954

New Loans [Member] | Commercial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

5,499,139

2,735,221

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

5,505,505

2,732,110

New Loans [Member] | Multi-family [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

1,097,872

307,183

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

1,099,153

306,481

New Loans [Member] | Commercial real estate - Owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

712,844

451,130

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

711,534

450,261

New Loans [Member] | Commercial real estate - Non-owner occupied [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

946,543

343,576

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

947,652

342,844

New Loans [Member] | Construction and land [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

138,091

72,361

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

137,757

72,002

New Loans [Member] | Commercial and industrial [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

2,266,407

1,334,991

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

2,269,047

1,332,781

New Loans [Member] | Lease financing [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

337,382

225,980

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

340,362

227,741

New Loans [Member] | Consumer [Member]

Accounts Notes And Loans Receivable [Line Items]

Gross non-covered loans

213,107

33,526

Loans net of premiums, discounts and deferred fees and costs, covered and non-covered

$ 220,041

$ 33,542

[1]	Before premiums, discounts and deferred fees and costs.

Loans and Allowance for Loan and Lease Losses (Schedule of Allowance for Credit Losses on Financing Receivables) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Allowance for loan and lease losses:
Beginning balance				$ 59,121				$ 48,402	$ 59,121	$ 48,402	$ 58,360
Provision for (recovery of) loan losses	$ 12,512	$ 2,604	$ 4,881	11,967	$ 1,030	$ 6,374	$ 2,725	8,767	31,964	18,896	13,828
Charge-offs									(25,021)	(10,486)	(25,383)
Recoveries									3,661	2,309	1,597
Ending balance: non-ACI and new loans individually evaluated for impairment	10,322				2,517				10,322	2,517
Ending balance: non-ACI and new loans collectively evaluated for impairment	56,510				48,585				56,510	48,585
Ending balance	69,725				59,121				69,725	59,121	48,402
Loans:
Ending balance: non-ACI and new loans individually evaluated for impairment	28,247				29,235				28,247	29,235
Ending balance: non-ACI and new loans collectively evaluated for impairment	7,719,255				3,921,018				7,719,255	3,921,018
Ending balance	9,053,609				5,571,739				9,053,609	5,571,739
Commercial [Member]
Allowance for loan and lease losses:
Beginning balance				39,543				38,176	39,543	38,176	29,656
Provision for (recovery of) loan losses									29,587	6,301	29,949
Charge-offs									(20,393)	(7,211)	(23,006)
Recoveries									3,448	2,277	1,577
Ending balance: non-ACI and new loans individually evaluated for impairment	9,467				1,533				9,467	1,533
Ending balance: non-ACI and new loans collectively evaluated for impairment	39,825				29,991				39,825	29,991
Ending balance	52,185				39,543				52,185	39,543	38,176
Loans:
Ending balance: non-ACI and new loans individually evaluated for impairment	22,584				24,690				22,584	24,690
Ending balance: non-ACI and new loans collectively evaluated for impairment	5,490,324				2,721,065				5,490,324	2,721,065
Ending balance	5,720,722				3,012,394				5,720,722	3,012,394
Residential [Member]
Allowance for loan and lease losses:
Beginning balance				19,164				10,175	19,164	10,175	28,649
Provision for (recovery of) loan losses									243	12,235	(16,117)
Charge-offs									(4,144)	(3,275)	(2,377)
Recoveries									90	29	20
Ending balance: non-ACI and new loans individually evaluated for impairment	855				984				855	984
Ending balance: non-ACI and new loans collectively evaluated for impairment	14,498				18,180				14,498	18,180
Ending balance	15,353				19,164				15,353	19,164	10,175
Loans:
Ending balance: non-ACI and new loans individually evaluated for impairment	5,663				4,545				5,663	4,545
Ending balance: non-ACI and new loans collectively evaluated for impairment	2,008,890				1,166,411				2,008,890	1,166,411
Ending balance	3,111,167				2,523,564				3,111,167	2,523,564
Consumer [Member]
Allowance for loan and lease losses:
Beginning balance				414				$ 51	414	51	55
Provision for (recovery of) loan losses									2,134	360	(4)
Charge-offs									(484)
Recoveries									123	3
Ending balance: non-ACI and new loans collectively evaluated for impairment	2,187				414				2,187	414
Ending balance	2,187				414				2,187	414	51
Loans:
Ending balance: non-ACI and new loans collectively evaluated for impairment	220,041				33,542				220,041	33,542
Ending balance	221,720				35,781				221,720	35,781
ACI loans [Member]
Allowance for loan and lease losses:
Beginning balance				8,019					8,019
Provision for (recovery of) loan losses									(2,891)	(4,347)	(11,278)
Charge-offs									(2,235)	(3,966)	(13,527)
Recoveries										1,879	1,212
Ending balance	2,893				8,019				2,893	8,019
Loans:
Ending balance	1,306,107				1,621,486				1,306,107	1,621,486
ACI loans [Member] \| Commercial [Member]
Allowance for loan and lease losses:
Beginning balance				8,019					8,019
Provision for (recovery of) loan losses									(2,891)	(4,347)	7,210
Charge-offs									(2,235)	(3,966)	(13,527)
Recoveries											1,212
Ending balance	2,893				8,019				2,893	8,019
Loans:
Ending balance	207,814				266,639				207,814	266,639
ACI loans [Member] \| Residential [Member]
Allowance for loan and lease losses:
Provision for (recovery of) loan losses											(18,488)
Loans:
Ending balance	1,096,614				1,352,608				1,096,614	1,352,608
ACI loans [Member] \| Consumer [Member]
Loans:
Ending balance	1,679				2,239				1,679	2,239
Non-ACI loans [Member]
Allowance for loan and lease losses:
Beginning balance				9,874					9,874
Provision for (recovery of) loan losses									1,153	3,844	3,586
Charge-offs									(4,305)	(3,591)	(8,489)
Recoveries									2,780		361
Ending balance	9,502				9,874				9,502	9,874
Loans:
Ending balance	192,641				246,976				192,641	246,976
Non-ACI loans [Member] \| Commercial [Member]
Allowance for loan and lease losses:
Beginning balance				803					803
Provision for (recovery of) loan losses									(2,890)	(2,331)	5,077
Charge-offs									(171)	(316)	(6,112)
Recoveries									2,690	1,850	341
Ending balance	432				803				432	803
Loans:
Ending balance	7,403				13,645				7,403	13,645
Non-ACI loans [Member] \| Residential [Member]
Allowance for loan and lease losses:
Beginning balance				9,071					9,071
Provision for (recovery of) loan losses									4,043	6,175	(1,491)
Charge-offs									(4,134)	(3,275)	(2,377)
Recoveries									90	29	20
Ending balance	9,070				9,071				9,070	9,071
New Loans [Member]
Allowance for loan and lease losses:
Beginning balance				41,228					41,228
Provision for (recovery of) loan losses									33,702	19,399	21,520
Charge-offs									(18,481)	(2,929)	(3,367)
Recoveries									881	430	24
Ending balance	57,330				41,228				57,330	41,228
Loans:
Ending balance	7,554,861				3,703,277				7,554,861	3,703,277
New Loans [Member] \| Commercial [Member]
Allowance for loan and lease losses:
Beginning balance				30,721					30,721
Provision for (recovery of) loan losses									35,368	12,979	17,662
Charge-offs									(17,987)	(2,929)	(3,367)
Recoveries									758	427	24
Ending balance	48,860				30,721				48,860	30,721
Loans:
Ending balance	5,505,505				2,732,110				5,505,505	2,732,110
New Loans [Member] \| Residential [Member]
Allowance for loan and lease losses:
Beginning balance				10,093					10,093
Provision for (recovery of) loan losses									(3,800)	6,060	3,862
Charge-offs									(10)
Ending balance	6,283				10,093				6,283	10,093
New Loans [Member] \| Consumer [Member]
Allowance for loan and lease losses:
Beginning balance				$ 414					414
Provision for (recovery of) loan losses									2,134	360	$ (4)
Charge-offs									(484)
Recoveries									123	3
Ending balance	2,187				414				2,187	414
Loans:
Ending balance	$ 220,041				$ 33,542				$ 220,041	$ 33,542

Loans and Allowance for Loan and Lease Losses (Schedule of Impaired Financing Receivables) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Non-ACI loans [Member]
Recorded Investment
Recorded investment in impaired loans, total	$ 7,659	$ 8,110
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	8,366	8,869
Related Specific Allowance
Impaired loans, related specific allowance	855	984
Average recorded investment in impaired loans	7,809	7,842	$ 8,041
Carrying amount of loans on non-accrual status	9,669	17,034
Non-ACI loans [Member] \| 1-4 single family residential [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	168	375
Recorded investment in impaired loans with a specific allowance recorded	3,564	3,577
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	198	446
Unpaid principal balance of impaired loans with a specific allowance recorded	4,203	4,252
Related Specific Allowance
Impaired loans, related specific allowance	827	970
Average recorded investment in impaired loans	3,891	2,757	577
Carrying amount of loans on non-accrual status	293	2,678
Non-ACI loans [Member] \| Home equity loans and lines of credit [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	1,703	176
Recorded investment in impaired loans with a specific allowance recorded	228	417
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	1,734	179
Unpaid principal balance of impaired loans with a specific allowance recorded	232	425
Related Specific Allowance
Impaired loans, related specific allowance	28	14
Average recorded investment in impaired loans	1,494	119
Carrying amount of loans on non-accrual status	6,559	9,767
Non-ACI loans [Member] \| Residential [Member]
Recorded Investment
Recorded investment in impaired loans, total	5,663	4,545
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	6,367	5,302
Related Specific Allowance
Impaired loans, related specific allowance	855	984
Average recorded investment in impaired loans	5,385	2,876	577
Carrying amount of loans on non-accrual status	6,852	12,445
Non-ACI loans [Member] \| Commercial real estate [Member]
Related Specific Allowance
Average recorded investment in impaired loans		143	73
Non-ACI loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded		59
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded		59
Related Specific Allowance
Carrying amount of loans on non-accrual status	52	59
Non-ACI loans [Member] \| Construction and land [Member]
Related Specific Allowance
Average recorded investment in impaired loans		1,074	1,074
Non-ACI loans [Member] \| Commercial and industrial [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	1,996	3,506
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	1,999	3,508
Related Specific Allowance
Average recorded investment in impaired loans	2,424	3,749	6,317
Carrying amount of loans on non-accrual status	2,765	4,530
Non-ACI loans [Member] \| Commercial [Member]
Recorded Investment
Recorded investment in impaired loans, total	1,996	3,565
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	1,999	3,567
Related Specific Allowance
Average recorded investment in impaired loans	2,424	4,966	7,464
Carrying amount of loans on non-accrual status	2,817	4,589
New Loans [Member]
Recorded Investment
Recorded investment in impaired loans, total	20,588	21,125
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	20,598	21,131
Related Specific Allowance
Impaired loans, related specific allowance	9,467	1,533
Average recorded investment in impaired loans	21,269	14,040	1,428
Carrying amount of loans on non-accrual status	22,724	15,678
New Loans [Member] \| 1-4 single family residential [Member]
Related Specific Allowance
Carrying amount of loans on non-accrual status	194	155
New Loans [Member] \| Residential [Member]
Related Specific Allowance
Carrying amount of loans on non-accrual status	194	155
New Loans [Member] \| Multi-family [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded		3,649
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded		3,649
Related Specific Allowance
Average recorded investment in impaired loans	730	4,614
New Loans [Member] \| Commercial real estate [Member]
Related Specific Allowance
Average recorded investment in impaired loans	2,224	1,291
New Loans [Member] \| Commercial real estate - Owner occupied [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	1,751
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	1,754
Related Specific Allowance
Carrying amount of loans on non-accrual status	2,785	55
New Loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	1,444	1,564
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	1,444	1,564
Related Specific Allowance
Carrying amount of loans on non-accrual status	1,444	1,564
New Loans [Member] \| Construction and land [Member]
Related Specific Allowance
Average recorded investment in impaired loans		190	266
Carrying amount of loans on non-accrual status	244	278
New Loans [Member] \| Commercial and industrial [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded		9,858
Recorded investment in impaired loans with a specific allowance recorded	16,048	4,377
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded		9,860
Unpaid principal balance of impaired loans with a specific allowance recorded	16,055	4,381
Related Specific Allowance
Impaired loans, related specific allowance	8,696	649
Average recorded investment in impaired loans	16,837	7,274	1,162
Carrying amount of loans on non-accrual status	16,612	11,907
New Loans [Member] \| Lease financing [Member]
Recorded Investment
Recorded investment in impaired loans with a specific allowance recorded	1,345	1,677
Unpaid Principal Balance
Unpaid principal balance of impaired loans with a specific allowance recorded	1,345	1,677
Related Specific Allowance
Impaired loans, related specific allowance	771	884
Average recorded investment in impaired loans	1,478	671
Carrying amount of loans on non-accrual status	1,370	1,719
New Loans [Member] \| Commercial [Member]
Recorded Investment
Recorded investment in impaired loans, total	20,588	21,125
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	20,598	21,131
Related Specific Allowance
Impaired loans, related specific allowance	9,467	1,533
Average recorded investment in impaired loans	21,269	14,040	1,428
Carrying amount of loans on non-accrual status	22,455	15,523
New Loans [Member] \| Consumer [Member]
Related Specific Allowance
Carrying amount of loans on non-accrual status	75
ACI loans [Member]
Recorded Investment
Recorded investment in impaired loans, total	45,126	43,580
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	50,419	49,954
Related Specific Allowance
Impaired loans, related specific allowance	2,893	8,019
Average recorded investment in impaired loans	40,564	79,195	186,450
ACI loans [Member] \| Home equity loans and lines of credit [Member]
Related Specific Allowance
Average recorded investment in impaired loans			45,947
ACI loans [Member] \| Residential [Member]
Related Specific Allowance
Average recorded investment in impaired loans			45,947
ACI loans [Member] \| Multi-family [Member]
Recorded Investment
Recorded investment in impaired loans with a specific allowance recorded	3,478	6,626
Unpaid Principal Balance
Unpaid principal balance of impaired loans with a specific allowance recorded	3,459	7,043
Related Specific Allowance
Impaired loans, related specific allowance	323	504
Average recorded investment in impaired loans	4,804	11,936	29,606
ACI loans [Member] \| Commercial real estate [Member]
Related Specific Allowance
Average recorded investment in impaired loans	26,143	41,952	61,291
ACI loans [Member] \| Commercial real estate - Owner occupied [Member]
Recorded Investment
Recorded investment in impaired loans with a specific allowance recorded	2,643	3,076
Unpaid Principal Balance
Unpaid principal balance of impaired loans with a specific allowance recorded	2,812	3,853
Related Specific Allowance
Impaired loans, related specific allowance	369	692
ACI loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	384	104
Recorded investment in impaired loans with a specific allowance recorded	32,436	20,620
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	406	171
Unpaid principal balance of impaired loans with a specific allowance recorded	37,392	23,504
Related Specific Allowance
Impaired loans, related specific allowance	1,444	4,708
ACI loans [Member] \| Construction and land [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded	567	512
Recorded investment in impaired loans with a specific allowance recorded	1,686	4,874
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded	588	669
Unpaid principal balance of impaired loans with a specific allowance recorded	1,500	6,567
Related Specific Allowance
Impaired loans, related specific allowance	192	350
Average recorded investment in impaired loans	3,873	12,482	25,729
ACI loans [Member] \| Commercial and industrial [Member]
Recorded Investment
Recorded investment in impaired loans with no specific allowance recorded		188
Recorded investment in impaired loans with a specific allowance recorded	3,932	7,580
Unpaid Principal Balance
Unpaid principal balance of impaired loans with no specific allowance recorded		188
Unpaid principal balance of impaired loans with a specific allowance recorded	4,262	7,959
Related Specific Allowance
Impaired loans, related specific allowance	565	1,765
Average recorded investment in impaired loans	5,744	12,825	23,877
ACI loans [Member] \| Commercial [Member]
Recorded Investment
Recorded investment in impaired loans, total	45,126	43,580
Unpaid Principal Balance
Unpaid principal balance of impaired loans, total	50,419	49,954
Related Specific Allowance
Impaired loans, related specific allowance	2,893	8,019
Average recorded investment in impaired loans	$ 40,564	$ 79,195	$ 140,503

Loans and Allowance for Loan and Lease Losses (Schedule of Troubled Debt Restructurings on Financing Receivables) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Non-ACI loans [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	6	6	16
Loans modified in TDRs during the period, recorded investment	$ 1,673	$ 2,437	$ 1,887
TDRs experiencing payment defaults during the period, number of TDRs	2	2	10
TDRs experiencing payment defaults during the period, recorded investment	$ 363	$ 1,139	$ 1,304
Non-ACI loans [Member] \| 1-4 single family residential [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	2	5	11
Loans modified in TDRs during the period, recorded investment	$ 335	$ 2,428	$ 1,521
TDRs experiencing payment defaults during the period, number of TDRs	1	2	5
TDRs experiencing payment defaults during the period, recorded investment	$ 167	$ 1,139	$ 938
Non-ACI loans [Member] \| Home equity loans and lines of credit [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	4
Loans modified in TDRs during the period, recorded investment	$ 1,338
TDRs experiencing payment defaults during the period, number of TDRs	1
TDRs experiencing payment defaults during the period, recorded investment	$ 196
Non-ACI loans [Member] \| Commercial real estate [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs			2
Loans modified in TDRs during the period, recorded investment			$ 295
TDRs experiencing payment defaults during the period, number of TDRs			2
TDRs experiencing payment defaults during the period, recorded investment			$ 295
Non-ACI loans [Member] \| Commercial and industrial [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs		1	3
Loans modified in TDRs during the period, recorded investment		$ 9	$ 71
TDRs experiencing payment defaults during the period, number of TDRs			3
TDRs experiencing payment defaults during the period, recorded investment			$ 71
New Loans [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	3	8	1
Loans modified in TDRs during the period, recorded investment	$ 8,291	$ 5,648	$ 231
TDRs experiencing payment defaults during the period, number of TDRs		2	1
TDRs experiencing payment defaults during the period, recorded investment		$ 594	$ 231
New Loans [Member] \| Multi-family [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs		1
Loans modified in TDRs during the period, recorded investment		$ 3,649
New Loans [Member] \| Commercial and industrial [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	3	7	1
Loans modified in TDRs during the period, recorded investment	$ 8,291	$ 1,999	$ 231
TDRs experiencing payment defaults during the period, number of TDRs		2	1
TDRs experiencing payment defaults during the period, recorded investment		$ 594	$ 231
ACI loans [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	4	6	4
Loans modified in TDRs during the period, recorded investment	$ 1,522	$ 503	$ 1,352
TDRs experiencing payment defaults during the period, number of TDRs		2	3
TDRs experiencing payment defaults during the period, recorded investment		$ 197	$ 632
ACI loans [Member] \| Commercial real estate [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	3	3	3
Loans modified in TDRs during the period, recorded investment	$ 1,354	$ 242	$ 917
TDRs experiencing payment defaults during the period, number of TDRs		1	1
TDRs experiencing payment defaults during the period, recorded investment		$ 9	$ 197
ACI loans [Member] \| Commercial and industrial [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs	1	3
Loans modified in TDRs during the period, recorded investment	$ 168	$ 261
TDRs experiencing payment defaults during the period, number of TDRs		1
TDRs experiencing payment defaults during the period, recorded investment		$ 188
ACI loans [Member] \| Construction and land [Member]
Financing Receivable Modifications [Line Items]
Loans modified in TDRs during the period, number of TDRs			1
Loans modified in TDRs during the period, recorded investment			$ 435
TDRs experiencing payment defaults during the period, number of TDRs			2
TDRs experiencing payment defaults during the period, recorded investment			$ 435

FDIC Indemnification Asset (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
FDIC Indemnification Asset [Abstract]
Expenses subject to reimbursement included in non-interest expense	$ 8,300	$ 20,300	$ 32,000
Percent FDIC will reimburse for covered losses (in Percent)	80.00%
Claims submitted to the FDIC for reimbursement	$ 9,400	$ 19,600	$ 31,500
Disbursements remaining to be submitted for reimbursement from the FDIC in future periods	$ 13,500

FDIC Indemnification Asset (Schedule of Gains and Losses Associated with Covered Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Recovery of losses on covered loans	$ 1,738	$ 503	$ 7,692
Income from resolution of covered assets, net	78,862	51,016	18,776
Loss on sale of covered loans	(16,195)	(29,270)	(70,366)
OTTI on covered investment securities available for sale	(963)
Gain on sale of OREO	9,568	4,164	(23,576)
Impairment of OREO	(1,939)	(9,926)	(24,569)
Transaction Income (Loss)	71,071	16,487	(92,043)
Net Loss on Indemnification Asset	(50,638)	(6,030)	79,812
Net Impact on Pre-tax Earnings	20,433	10,457	(12,231)
Net Gain (Loss) on Indemnification Asset [Member]
Recovery of losses on covered loans	(1,574)	344	(6,327)
Income from resolution of covered assets, net	(64,793)	(41,962)	(6,871)
Loss on sale of covered loans	21,021	30,725	56,053
OTTI on covered investment securities available for sale	770
Gain on sale of OREO	(7,611)	(3,078)	17,272
Impairment of OREO	1,549	7,941	19,685
Net Impact on Pretax Earnings [Member]
Recovery of losses on covered loans	164	847	1,365
Income from resolution of covered assets, net	14,069	9,054	11,905
Loss on sale of covered loans	4,826	1,455	(14,313)
OTTI on covered investment securities available for sale	(193)
Gain on sale of OREO	1,957	1,086	(6,304)
Impairment of OREO	$ (390)	$ (1,985)	$ (4,884)

FDIC Indemnification Asset (Schedule of the FDIC Indemnification Asset, Roll Forward) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
FDIC Indemnification Asset [Abstract]
Beginning balance of FDIC indemnification asset	$ 1,457,570	$ 2,049,151	$ 2,667,401
Accretion (Amortization)	(36,943)	15,306	55,901
Reduction for claims filed	(164,872)	(600,857)	(753,963)
Net loss on indemnification asset	(50,638)	(6,030)	79,812
Ending balance of FDIC indemnification asset	$ 1,205,117	$ 1,457,570	$ 2,049,151

Other Real Estate Owned (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Other Real Estate Owned [Abstract]
OREO covered under Loss Sharing Agreements	$ 39,672	$ 76,022

Other Real Estate Owned (Schedule of OREO, Roll Forward) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other Real Estate Owned [Abstract]
Balance, beginning of period	$ 76,022	$ 123,737	$ 206,680
Transfers from loan portfolio	68,084	151,302	312,958
Sales	(101,597)	(189,091)	(371,332)
Impairment	(1,939)	(9,926)	(24,569)
Balance, end of period	$ 40,570	$ 76,022	$ 123,737

Equipment Under Operating Lease (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Equipment Under Operating Lease [Abstract]
Depreciation expense related to Equipment under operating lease	$ 4,300	$ 400

Equipment Under Operating Lease (Schedule of Equipment Under Operating Lease) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Property Subject To Or Available For Operating Lease [Line Items]
Equipment under operating lease	$ 201,163	$ 39,154
Less: accumulated depreciation	(4,680)	(422)
Equipment under operating lease, net	$ 196,483	$ 38,732

Equipment Under Operating Lease (Schedule of Future Minimum Rental Payments) (Details) - Equipment [Member] $ in Thousands	Dec. 31, 2013 USD ($)
Operating Leased Assets [Line Items]
2014	$ 15,309
2015	15,309
2016	14,023
2017	10,438
2018	6,248
Thereafter through 2020	6,491
Total	$ 67,818

Premises and Equipment and Lease Commitments (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Premises and Equipment and Lease Commitments [Abstract]
Amount included in branch buildings and improvements related to a branch facility recorded under capital lease	$ 2,000
Depreciation and amortization expense related to premises and equipment	18,200	$ 14,000	$ 7,600
Rent expense under operating leases	$ 26,000	$ 23,300	$ 14,900

Premises and Equipment and Lease Commitments (Summary of Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Property Plant And Equipment [Line Items]
Premises and equipment, gross	$ 137,201	$ 114,110
Less: accumulated depreciation	(42,923)	(25,507)
Premises and equipment, net	94,278	88,603
Branch Buildings And Improvements [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	18,049	17,440
Leasehold Improvements [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	47,912	30,491
Construction In Progress [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	3,293	7,816
Furniture, Fixtures And Equipment [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	29,880	25,644
Computer Equipment [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	11,212	10,356
Software And Software Licensing Rights [Member]
Property Plant And Equipment [Line Items]
Premises and equipment, gross	$ 26,855	$ 22,363

Premises and Equipment and Lease Commitments (Schedule of Future Minimum Rentals Under Non-Cancelable Operating Leases) (Details) - Land And Building [Member] $ in Thousands	Dec. 31, 2013 USD ($)
Operating Leased Assets [Line Items]
2014	$ 22,315
2015	20,470
2016	19,565
2017	19,584
2018	18,406
Thereafter through 2034	100,198
Operating leases due, total	$ 200,538

Deposits (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Deposits [Abstract]
Time deposit accounts with balances of $100,000 or more	$ 2,129,537	$ 1,500,000
Time deposit accounts with balances of $250,000 or more	829,000	$ 540,000
Time deposits issued to the State of Florida included in deposits	153,000
Time deposits issued to other public funds deposits included in deposits	521,000
Brokered deposits included in deposits	103,000
Carrying value of investment securities available for sale pledged as security for time deposits issued to State of Florida and other public funds deposits	$ 312,000

Deposits (Summary of Average Balances and Weighted Average Rates Paid on Deposits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Demand deposits:
Non-interest bearing, average balance	$ 1,586,007	$ 1,099,448	$ 622,377
Interest bearing, average balance	$ 582,623	$ 504,614	$ 382,329
Non-interest bearing, average rate (in Percent)	0.00%	0.00%	0.00%
Interest-bearing, average rate (in Percent)	0.46%	0.63%	0.65%
Money market, average balance	$ 3,403,276	$ 2,838,735	$ 2,165,230
Savings, average balance	877,255	1,073,709	1,201,236
Time, average balance	2,844,377	2,632,451	2,585,201
Total, average balance	$ 9,293,538	$ 8,148,957	$ 6,956,373
Money market, average rate (in Percent)	0.51%	0.63%	0.88%
Savings, average rate (in Percent)	0.37%	0.58%	0.83%
Time, average rate (in Percent)	1.31%	1.48%	1.71%
Total, average rate (in Percent)	0.65%	0.81%	1.09%

Deposits (Schedule of Maturities of Time Deposits with Balances Equal or Greater than 100000) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Deposits [Abstract]
Three months or less	$ 319,716
Over three through six months	374,717
Over six through twelve months	977,706
Over twelve months	457,398
Total time deposit accounts with balances of $100,000 or more	$ 2,129,537	$ 1,500,000

Deposits (Schedule of Interest Expense on Deposits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Deposits [Abstract]
Interest bearing demand	$ 2,698	$ 3,155	$ 2,499
Money market	17,355	17,878	19,020
Savings	3,265	6,215	10,006
Time	37,248	38,930	44,248
Total interest expense on deposits	$ 60,566	$ 66,178	$ 75,773

Federal Home Loan Bank Advances (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Federal Home Loan Bank Advances [Abstract]
Carrying amount of pledged investment securities, collateral pledged	$ 23,000	$ 24,000
FHLB advances, amount outstanding, modified		105,000
FHLB advances, modification fees incurred		5,300
Pre-payment of FHLB advances		520,000
Carrying value of pre-payment of FHLB advances		524,000
Aggregate cash payment of FHLB advances		538,000
Loss on extinguishment of debt		(14,175)
Interest expense increased (reduced) from amortization of fair value adjustment	$ (131)	$ (14,800)	$ (19,100)
Minimum rate that the home equity lines of credit and mortgage-backed securities with unpaid principal amounts discounted must equal (in Percent)	100.00%
Carrying amount, investment securities and real estate loans, pledged as collateral for advances from FHLB	$ 4,600,000
Debt Instrument [Line Items]
Available borrowing capacity	1,300,000
Federal Reserve Bank Advances [Member]
Debt Instrument [Line Items]
Unused borrowing capacity	94,000
Federal Funds Lines of Credit [Member]
Debt Instrument [Line Items]
Unused borrowing capacity	$ 85,000

Federal Home Loan Bank Advances (Schedule of Outstanding FHLB Advances and Other Borrowings) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Federal Home Loan Bank Advances [Abstract]
Federal Home Loan Bank Advances	$ 2,412,050	$ 1,916,919
Securities sold under agreements to repurchase	346	8,175
Capital lease obligations	1,917
FHLB Advances and Other Borrowings, Total	$ 2,414,313	$ 1,925,094

Federal Home Loan Bank Advances (Schedule of Outstanding FHLB Advances) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Federal Home Loan Bank Advances [Abstract]
Maturing in 2014 - 30 days or less	$ 200,000
Maturing in 2014 - Over 30 days	1,765,000
Maturing in 2015	270,350
Maturing in 2016	75,000
Maturing in 2017	105,000
Total contractual balance outstanding	2,415,350
Acquisition accounting fair value adjustment and unamortized modification costs	(3,300)
Carrying value	$ 2,412,050	$ 1,916,919
Federal Home Loan Bank Advances Branch Of FHLB Bank [Line Items]
Maturing in 2014 - 30 days or less, Weighted Average Rate (in Percent)	0.24%
Maturing in 2014 - Over 30 days, Weighted Average Rate (in Percent)	0.29%
Maturing in 2015, Weighted Average Rate (in Percent)	0.48%
Maturing in 2016, Weighted Average Rate (in Percent)	0.73%
Maturing in 2017, Weighted Average Rate (in Percent)	0.97%
Minimum [Member]
Federal Home Loan Bank Advances Branch Of FHLB Bank [Line Items]
Maturing in 2014 - 30 days or less, range of interest rates (in Percent)	0.20%
Maturing in 2014 - Over 30 days, range of interest rates (in Percent)	0.20%
Maturing in 2015, range of interest rates (in Percent)	0.00%
Maturing in 2016, range of interest rates (in Percent)	0.68%
Maturing in 2017, range of interest rates (in Percent)	0.95%
Maximum [Member]
Federal Home Loan Bank Advances Branch Of FHLB Bank [Line Items]
Maturing in 2014 - 30 days or less, range of interest rates (in Percent)	0.36%
Maturing in 2014 - Over 30 days, range of interest rates (in Percent)	0.71%
Maturing in 2015, range of interest rates (in Percent)	0.79%
Maturing in 2016, range of interest rates (in Percent)	0.79%
Maturing in 2017, range of interest rates (in Percent)	0.98%

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]
Statutory federal income tax rate (in Percent)	35.00%	35.00%	35.00%
Tax credits related to changes in certain state income tax positions included in state income taxes, net of federal tax benefits	$ 3,500
Net operating loss carryforward resulting from acquisition of Herald	19,000
Tax benefit recognized, net operating loss	800	$ 800	$ 0
Unrecognized state tax benefits that if recognized would have impacted the effective tax rate	10,000	11,700	10,900
Unrecognized tax benefits that may decrease subsequent to current period	4,900
Accrued interest and penalties, net of federal and state tax benefits	5,500	5,900
Accrued interest and penalties, recognized through income tax expense	(300)	$ 2,100	$ 3,500
Reversal of interest and penalties due to lapse of the statute of limitations	$ 1,400

Income Taxes (Schedule of Components of the Provision for Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Current:
Current federal									$ 94,724	$ 170,973	$ 115,127
Current state									6,105	34,860	29,558
Total Current									100,829	205,833	144,685
Deferred:
Deferred federal									5,028	(60,985)	(9,322)
Deferred state									3,209	(11,243)	(5,787)
Total Deferred									8,237	(72,228)	(15,109)
Provision for income taxes	$ 20,996	$ 24,248	$ 32,894	$ 30,928	$ 37,829	$ 31,948	$ 32,778	$ 31,050	$ 109,066	$ 133,605	$ 129,576

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]
Tax expense calculated at the statutory federal income tax rate, amount	$ 111,301	$ 120,703	$ 67,460
Statutory federal income tax rate (in Percent)	35.00%	35.00%	35.00%
Increases (decreases) resulting from:
State income taxes, net of federal tax benefit, amount	$ 6,597	$ 13,944	$ 7,172
State income taxes, net of federal tax benefit, percent (in Percent)	2.08%	4.04%	3.72%
Income not subject to tax	$ (7,065)	$ (6,019)	$ (4,982)
Income not subject to tax (in Percent)	(2.22%)	(1.75%)	(2.59%)
Non-deductible equity based compensation expense effecting entity to statutory income tax rate change		$ 3,624	$ 47,023
Non-deductible equity based compensation, percent (in Percent)	0.00%	1.05%	24.40%
Uncertain state tax positions, amount	$ (2,063)	$ 2,870	$ 12,757
Uncertain state tax positions, percent (in Percent)	(0.65%)	0.83%	6.62%
Other, net, amount	$ 296	$ (1,517)	$ 146
Other, net, percent (in Percent)	0.09%	(0.43%)	0.08%
Income tax expense, amount	$ 109,066	$ 133,605	$ 129,576
Income tax expense, percent (in Percent)	34.30%	38.74%	67.23%

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:
Excess of tax basis over carrying value of acquired loans	$ 199,715	$ 290,735
Allowance for loan and lease losses	26,639	22,743
Acquisition costs	12,119	12,969
Net operating loss carryforward	6,894	7,636
Net unrealized losses on derivatives designated as cash flow hedges	7,080	18,603
Other	19,210	21,133
Gross deferred tax assets	271,657	373,819
Deferred tax liabilities:
Deferred tax gain resulting from the FSB Acquisition	107,512	216,632
Net unrealized gains on investment securities available for sale	43,177	71,290
Premises and equipment and equipment under operating lease, due to differences in depreciation	45,081	20,931
Other	5,261	2,692
Gross deferred tax liabilities	201,031	311,545
Net deferred tax asset	$ 70,626	$ 62,274

Income Taxes (Schedule of Unrecognized Tax Benefits, Roll Forward) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]
Balance, beginning of period	$ 24,790	$ 20,961	$ 2,845
Additions for tax positions related to the current year	699	1,246	6,501
Additions for tax positions related to prior periods			7,982
Reductions due to settlements with taxing authorities		(41)	(185)
Reductions due to lapse of the statute of limitations	(3,340)
Increases and decreases	22,149	22,166	17,143
Interest and penalties	(251)	2,624	3,818
Balance, end of period	$ 21,898	$ 24,790	$ 20,961

Derivatives and Hedging Activities (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Derivatives and Hedging Activities [Abstract]
Hedged CDs maximum length until maturity (in Years)	1 year
Discontinuation of cash flow hedge, notional amount	$ 0	$ 120,000	$ 0
Gains and losses reported in AOCI that were reclassified into earnings as a result of cash flow hedges or early extinguishment of debt	$ 0	(8,701)	$ 0
Length of time expected to reclassify AOCI into income (in Duration)	P12M
Amount of loss expected to be reclassified from AOCI into income	$ (25,400)
Investment securities available for sale pledged as collateral for interest rate swaps	44,000
Cash on deposit pledged as collateral for interest rate swaps	14,000
Financial collateral pledged by counterparties to the Company for interest rate swaps	$ 15,000
Mortgage loan commitment time period, minimum (in Duration)	30 days
Mortgage loan commitment time period, maximum (in Duration)	90 days
Mortgage Loan Funding Commitment [Member]
Derivative [Line Items]
Notional amount of outstanding commitment derivatives, forward loan commitments	$ 3,000	8,000
Forward Loan Sale Commitment Derivative [Member]
Derivative [Line Items]
Notional amount of outstanding commitment derivatives, forward loan commitments	$ 200	$ 2,100

Derivatives and Hedging Activities (Schedule of Interest Rate Contract Derivative Financial Instruments and Related Hedged Items) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Derivatives Fair Value [Line Items]
Notional amount of interest rate swap derivatives	$ 2,297,502	$ 715,424
Interest rate derivative assets, fair value	21,831	4,908
Interest rate derivative liabilities, fair value	$ (43,788)	$ (55,712)
Derivatives designated as cash flow hedges [Member] \| Certificates of Deposits [Member] \| Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Percent)	3.11%	3.11%
Weighted average receive rate of interest rate swaps (in Description)	12-Month Libor	12-Month Libor
Weighted average remaining maturity of interest rate swap derivatives (in Duration)	1 year 10 months 24 days	2 years 9 months 18 days
Notional amount of interest rate swap derivatives	$ 225,000	$ 225,000
Interest rate derivative liabilities, fair value	$ (10,591)	$ (14,622)
Derivatives designated as cash flow hedges [Member] \| Variable Rate Borrowing [Member] \| Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Percent)		3.75%
Weighted average receive rate of interest rate swaps (in Description)		3-Month Libor
Weighted average remaining maturity of interest rate swap derivatives (in Duration)		3 years 9 months 18 days
Notional amount of interest rate swap derivatives		$ 285,000
Interest rate derivative liabilities, fair value		$ (36,182)
Derivatives designated as cash flow hedges [Member] \| Variable Rate Borrowing [Member] \| Other Assets/Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Percent)	1.61%
Weighted average receive rate of interest rate swaps (in Description)	3-Month Libor
Weighted average remaining maturity of interest rate swap derivatives (in Duration)	3 years 9 months 18 days
Notional amount of interest rate swap derivatives	$ 1,505,000
Interest rate derivative assets, fair value	16,960
Interest rate derivative liabilities, fair value	$ (28,326)
Derivatives not designated as hedges [Member] \| Pay-fixed interest rate swaps and caps [Member] \| Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Percent)		4.18%
Weighted average receive rate of interest rate swaps (in Description)		Indexed to 1-Month Libor
Weighted average remaining maturity of interest rate swap derivatives (in Duration)		4 years 9 months 18 days
Notional amount of interest rate swap derivatives		$ 102,712
Interest rate derivative liabilities, fair value		$ (4,908)
Derivatives not designated as hedges [Member] \| Pay-fixed interest rate swaps and caps [Member] \| Other Assets/Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Percent)	4.62%
Weighted average receive rate of interest rate swaps (in Description)	Indexed to 1-Month Libor
Weighted average remaining maturity of interest rate swap derivatives (in Duration)	6 years 4 months 24 days
Notional amount of interest rate swap derivatives	$ 283,751
Interest rate derivative assets, fair value	1,055
Interest rate derivative liabilities, fair value	$ (3,816)
Derivatives not designated as hedges [Member] \| Pay-variable interest rate swaps and caps [Member] \| Other Assets [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Description)		Indexed to 1-Month Libor
Weighted average receive rate of interest rate swaps (in Percent)		4.18%
Weighted average remaining maturity of interest rate swap derivatives (in Duration)		4 years 9 months 18 days
Notional amount of interest rate swap derivatives		$ 102,712
Interest rate derivative assets, fair value		$ 4,908
Derivatives not designated as hedges [Member] \| Pay-variable interest rate swaps and caps [Member] \| Other Assets/Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Weighted average pay rate of interest rate swaps (in Description)	Indexed to 1-Month Libor
Weighted average receive rate of interest rate swaps (in Percent)	4.62%
Weighted average remaining maturity of interest rate swap derivatives (in Duration)	6 years 4 months 24 days
Notional amount of interest rate swap derivatives	$ 283,751
Interest rate derivative assets, fair value	3,816
Interest rate derivative liabilities, fair value	$ (1,055)

Derivatives and Hedging Activities (Schedule of Gains and Losses Related to Interest Rate Contract Derivative Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Derivative Instruments Gain (Loss) [Line Items]
Amount of loss related to termination of cash flow hedges reclassified from AOCI into non-interest income during the period	$ 0	$ 8,701	$ 0
Interest Rate Contract [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member]
Derivative Instruments Gain (Loss) [Line Items]
Amount of loss reclassified from AOCI into interest expense during the period (effective portion)	(21,827)	(17,962)	(18,982)
Amount of gain (loss) recognized in income during the period (ineffective portion)			$ 426

Derivatives and Hedging Activities (Schedule of Interest Rate Swaps Subject to Master Netting Agreements) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Derivatives and Hedging Activities [Abstract]
Gross Amounts Recognized, Derivative assets	$ 18,015
Gross Amounts Recognized, Derivative liabilities	(42,733)	$ (55,712)
Gross Amounts Recognized	(24,718)
Gross Amounts Offset in Balance Sheet, Derivative assets
Gross Amounts Offset in Balance Sheet, Derivative liabilities
Gross Amounts Offset in Balance Sheet
Derivative assets, Net Amounts Presented in Balance Sheet	18,015
Derivative liabilities, Net Amounts Presented in Balance Sheet	(42,733)	(55,712)
Net Amounts Presented in Balance Sheet	(24,718)
Gross Amounts Not Offset in Balance Sheet
Derivative Instruments, Derivative assets	(2,010)
Derivative Instruments, Derivative liabilities	2,010
Derivative Instruments
Derivative assets, Collateral Pledged	(14,714)
Derivative liabilities, Collateral Pledged	40,723	55,712
Collateral Pledged	26,009
Derivative assets, Net Amount	1,291
Derivative liabilities, Net Amount
Net Amount	$ 1,291

Stockholders' Equity (Narrative) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013 $ / shares shares	Dec. 31, 2012 $ / shares $ / unit shares	Dec. 31, 2011 USD ($) $ / shares shares
Stockholders' Equity [Abstract]
Series A Preferred stock, par value (in Dollars per Share) \| $ / shares	$ 0.01	$ 0.01
Series A Preferred stock, liquidation preference (in Dollars per Share) \| $ / shares	$ 0.01	$ 0.01
Closing date of the initial public offering of shares (Date)			Feb. 02, 2011
Initial public offering, shares authorized (in Shares)			33,350,000
Share price of IPO (in Dollars per Share) \| $ / shares			$ 27.00
Initial public offering, shares sold by stockholders (in Shares)			29,350,000
Proceeds received by the company on the sale of initial public offering \| $			$ 102,600
Direct costs of stock issuance charged to paid-in capital \| $			$ 3,979
Authorized stock split of the company's outstanding common shares (Ratio)	.10
Warrants issued in conjunction with acquisition of Herald (in Shares)		1,834,160
Expiration date of warrants issued in conjunction with acquisition of Herald (Date)		Nov. 30, 2018
Exercise price of warrants issued in conjuntion with acquisition of Herald (in Dollars per Unit) \| $ / unit		9.47
Shares of common stock called by each warrant (in Shares) \| $ / shares		0.0827
Cash amount holder entitled to receive per warrant (in Dollars per Unit) \| $ / shares		1.73
Class Of Stock [Line Items]
Preferred stock, shares authorized (in Shares)	100,000,000	100,000,000
Initial public offering, shares sold (in Shares)			4,000,000
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock, shares authorized (in Shares)	5,416,000

Stockholders' Equity (Schedule of Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Before Tax
Net unrealized holding gain (loss) arising during the year	$ (64,330)	$ 112,165	$ (44)
Reclassification adjustment for net securities gains realized in income	(8,629)	(17,039)	(1,136)
Net change in unrealized gains on securities available for sale	(72,959)	95,126	(1,180)
Tax Effect
Net unrealized holding gain (loss) arising during the year	24,784	(43,272)	17
Reclassification adjustment for net securities gains realized in income	3,329	6,573	438
Net change in unrealized gains on securities available for sale	28,113	(36,699)	455
Net of Tax
Net unrealized holding gain (loss) arising during the year	(39,546)	68,893	(27)
Reclassification adjustment for net securities gains realized in income	(5,300)	(10,466)	(698)
Net change in unrealized gains on securities available for sale	(44,846)	58,427	(725)
Before Tax
Net unrealized holding gain (loss) arising during the year	8,046	(14,405)	(40,507)
Amounts reclassified to interest expense on deposits	5,140	4,904	5,238
Amounts reclassified to interest expense on borrowings	16,687	13,058	13,744
Amounts reclassified to loss on termination of interest rate swap		8,701
Net change in unrealized losses on derivative instruments	29,873	12,258	(21,525)
Tax Effect
Net unrealized holding gain (loss) arising during the period	(3,104)	5,557	15,625
Amounts reclassified to interest expense on deposits	(1,982)	(1,892)	(2,020)
Amounts reclassified to interest expense on borrowings	(6,437)	(5,037)	(5,302)
Amounts reclassified to loss on termination of interest rate swap		(3,356)
Net change in unrealized losses on derivative instruments	(11,523)	(4,728)	8,303
Net of Tax
Net unrealized holding gain (loss) arising during the year	4,942	(8,848)	(24,882)
Amounts reclassified to interest expense on deposits	3,158	3,012	3,218
Amounts reclassified to interest expense on borrowings	10,250	8,021	8,442
Amounts reclassified to loss on termination of interest rate swap		5,345
Other comprehensive income, Unrealized Losses on Derivative Instruments	18,350	7,530	(13,222)
Other comprehensive income (loss), before tax	(43,086)	107,384	(22,705)
Other comprehensive income (loss), tax effect	16,590	(41,427)	8,758
Other comprehensive income (loss), net of tax	$ (26,496)	$ 65,957	$ (13,947)

Stockholders' Equity (Schedule of Categories of Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income, Beginning Balance	$ 83,976	$ 18,019	$ 31,966
Other comprehensive income	(26,496)	65,957	(13,947)
Other comprehensive income, Ending Balance	57,480	83,976	18,019
Unrealized Gains on Investment Securities Available for Sale [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income, Beginning Balance	113,599	55,172	55,897
Other comprehensive income	(44,846)	58,427	(725)
Other comprehensive income, Ending Balance	68,753	113,599	55,172
Unrealized Losses on Derivative Instruments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income, Beginning Balance	(29,623)	(37,153)	(23,931)
Other comprehensive income	18,350	7,530	(13,222)
Other comprehensive income, Ending Balance	$ (11,273)	$ (29,623)	$ (37,153)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Equity Based Compensation and Other Benefit Plans (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Options exercised, intrinsic value	$ 6,100	$ 2,600	$ 370
2010 Plan [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Shares authorized under plan (in Shares)	7,500,000
Shares granted, vesting period (Duration)	10 years
Shares available for grant (in Shares)	1,056,087
Herald Plan [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Shares authorized under plan (in Shares)	0
Deferred compensation plan [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Rate of annual interest accrued for defined compensation plan (in Percent)	6.00%	6.00%	6.00%
Percent of elective deferrals which vest immediately (in Percent)	100.00%
Percent of matching contributions which vest upon the earlier of a defined change in control or the participant's death, disability, attainment of normal retirement age, or the completion of two years of service (in Percent)	100.00%
Elected, specified, period at which distributions can be made, from date of deferral and matching, except for the provision that earlier distributions are made at separation from service (in Duration)	3 years
Deferred compensation expense	$ 373	$ 312	$ 217
Vesting period of employer contributions (in Duration)	2 years
Deferred compensation plan [Member] \| Minimum [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Elected, specified, installment period over which annual distributions can be made, if lump sum distribution is not elected or specified (in Duration)	5 years
Deferred compensation plan [Member] \| Maximum [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Elected, specified, installment period over which annual distributions can be made, if lump sum distribution is not elected or specified (in Duration)	15 years
Deferred compensation plan [Member] \| First 1% of eligible compensation deferred [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Deferred compensation plan, range of percentage commitments (in Percent)	100.00%
Deferred compensation plan [Member] \| 2 to 6% of eligible compensation deferred [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Deferred compensation plan, range of percentage commitments (in Percent)	70.00%
Deferred compensation plan [Member] \| Mid [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Elected, specified, installment period over which annual distributions can be made, if lump sum distribution is not elected or specified (in Duration)	10 years
401(k) Plan [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Vesting period of employer contributions (in Duration)	2 years
Employer contributions	$ 4,100	$ 3,600	$ 3,000
401(k) Plan [Member] \| First 1% of eligible compensation deferred [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Deferred compensation plan, range of percentage commitments (in Percent)	100.00%
401(k) Plan [Member] \| 2 to 6% of eligible compensation deferred [Member]
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Deferred compensation plan, range of percentage commitments (in Percent)	70.00%
Option awards [Member] \| 2009 Plan [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Shares authorized under plan (in Shares)	2,312,500
Shares granted, vesting period (Duration)	3 years
Unvested Share Awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Issued in exchange for PIUs (in Dollars per Share)			$ 27.00
Stock granted under plan (in Shares)	109,585	608,714	706,230
Unvested Share Awards [Member] \| 2010 Plan [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Shares granted, vesting period (Duration)	3 years
Dividend participation basis percentage of unvested awards to common stock declared dividends (in Percent)	100.00%
Performance Shares [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Shares granted, vesting period (Duration)	3 years
Performance period, ending each year on June 30 (in Duration)	12 months
Stock granted under plan (in Shares)	66,822
Maximum aggregate value of shares that may be granted for the next annual performance period	$ 1,500
Liability recorded for share awards	255
Aggregate fair value of share awards granted	$ 2,000
Restricted Stock [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Stock granted under plan (in Shares)		276,429
Restricted Stock [Member] \| 2010 Plan [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Dividend participation basis percentage of unvested awards to common stock declared dividends (in Percent)	100.00%
Aggregate fair value of share awards granted	$ 6,200
Discount for lack of marketability of share awards, amount	$ 800
Restricted Stock [Member] \| 2010 Plan [Member] \| Minimum [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Discount for lack of marketability of share awards, valuation percentage applied (in Percent)	7.10%
Restricted Stock [Member] \| 2010 Plan [Member] \| Maximum [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Discount for lack of marketability of share awards, valuation percentage applied (in Percent)	11.55%
Profits Interests Units [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Dividend participation basis percentage of unvested awards to common stock declared dividends (in Percent)	100.00%

Equity Based Compensation and Other Benefit Plans (Schedule of Compensation Costs Related to Equity Based Awards) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards	$ 13,778	$ 23,802	$ 144,788
Related tax benefits	(5,021)	(4,887)	(3,767)
Compensation cost of equity based awards, net of tax	8,757	18,915	141,021
Unvested and restricted share awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards	11,618	7,389	2,069
Option awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards	1,362	2,671	1,707
Performance share awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards	$ 798	507
PIUs [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards			110,398
Instruments issued in exchange for PIUs [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Total compensation cost of equity based awards		$ 13,235	$ 30,614

Equity Based Compensation and Other Benefit Plans (Schedule of Unrecognized Compensation Costs) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)
Share awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Unrecognized Compensation Cost	$ 13,473
Weighted Average Remaining Period (in Duration)	1 year 6 months 22 days
Option awards [Member]
Share Based Compensation Arrangment by Share Based Payment Award [Line Items]
Unrecognized Compensation Cost	$ 609
Weighted Average Remaining Period (in Duration)	11 months 16 days

Equity Based Compensation and Other Benefit Plans (Schedule of Nonvested Share Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share awards vesting during the period:
Range of the closing price on date of grant, minimum (in Dollars per Share)	$ 24.53	$ 23.08	$ 21.74
Range of the closing price on date of grant, maximum (in Dollars per Share)	$ 30.72	$ 25.20	$ 28.05
Aggregate grant date fair value of shares vesting	$ 10,714	$ 31,346	$ 26,079
Unvested Share Awards [Member]
Number of Share Awards
Unvested share awards outstanding, beginning balance (in Shares)	1,002,789	1,663,822
Granted (in Shares)	109,585	608,714	706,230
Issued in exchange for PIUs (in Shares)			1,931,745
Vested (in Shares)	(436,577)	(1,179,118)	(965,873)
Canceled or forfeited (in Shares)	(58,682)	(90,629)	(8,280)
Unvested share awards outstanding, ending balance (in Shares)	617,115	1,002,789	1,663,822
Weighted Average Grant Date Fair Value
Unvested share awards outstanding (in Dollars per Share)	$ 23.86	$ 25.97
Granted (in Dollars per Share)	28.77	23.42	24.58
Issued in exchange for PIUs (in Dollars per Share)			27.00
Vested (in Dollars per Share)	24.54	26.58	27.00
Canceled or forfeited (in Dollars per Share)	23.61	24.18	28.05
Unvested share awards outstanding (in Dollars per Share)	$ 24.27	$ 23.86	$ 25.97

Equity Based Compensation and Other Benefit Plans (Schedule of Restricted Share Activity) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Roll Forward
Unvested share awards outstanding, beginning balance (in Shares)	187,107
Granted (in Shares)		276,429
Vested (in Shares)	(97,786)	(89,322)
Unvested share awards outstanding, ending balance (in Shares)	89,321	187,107
Weighted Average Grant Date Fair Value
Unvested share awards outstanding (in Dollars per Share)	$ 22.27
Granted (in Dollars per Share)		22.27
Vested (in Dollars per Share)	22.25	22.28
Unvested share awards outstanding (in Dollars per Share)	$ 22.28	$ 22.27

Equity Based Compensation and Other Benefit Plans (Schedule of Stock Options Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Number of Option Awards
Option awards outstanding (in Shares)	5,698,788	5,738,122	981,710
Granted (in Shares)			300,000
Canceled or forfeited (in Shares)	(88,261)	(44,242)	(47,529)
Option awards issued in exchange for PIUs (in Shares)			4,534,970
Replacement options issued in conjunction with the acquisition of Herald (in Shares)		256,028
Option awards outstanding (in Shares)	5,070,939	5,698,788	5,738,122
Exercisable (in Shares)	5,004,273
Weighted Average Exercise Price
Option awards outstanding (in Dollars per Share)	$ 25.89	$ 25.20	$ 17.04
Granted (in Dollars per Share)			22.31
Option awards issued in exchange for PIUs (in Dollars per Share)			27.00
Replacement options issued in conjunction with acquisition of Herald (in Dollars per Share)		31.32
Exercised (in Dollars per Share)	18.37	14.32	10.48
Canceled or forfeited (in Dollars per Share)	43.30	34.31	19.55
Option awards outstanding (in Dollars per Share)	26.38	$ 25.89	$ 25.20
Exercisable (in Dollars per Share)	$ 26.44

Equity Based Compensation and Other Benefit Plans (Schedule of Share Based Payment Award, Stock Options Valuation Assumptions) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Options Granted
Expected volatility (in Percent)	35.97%	42.85%
Expected dividend yield (in Percent)	2.95%	2.51%
Expected term in years (in Duration)	1 year 8 months 12 days	6 years
Risk-free interest rate (in Percent)	0.27%	1.07%
Weighted average grant date fair value (in Dollars per Share)	$ 4.70	$ 7.19
Exchanged for PIUs
Expected volatility (in Percent)		45.00%
Expected dividend yield (in Percent)		2.07%
Expected term in years (in Duration)		5 years 1 month 6 days
Risk-free interest rate (in Percent)		1.98%
Weighted average grant date fair value (in Dollars per Share)		$ 9.42

Equity Based Compensation and Other Benefit Plans (Schedule of Options Outstanding and Exercisable, Additional Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Options Outstanding (in Shares)	5,070,939	5,698,788	5,738,122	981,710
Weighted average remaining contractual term in years, options outstanding	7 years 29 days
Aggregate intrinsic value, options outstanding	$ 33,700
Exercise price range, options exercisable	5,004,273
Weighted average remaining contractual term in years, options exercisable	7 years 26 days
Aggregate intrinsic value, options exercisable	$ 32,992
Exercise Price Range 10.00-13.39 [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Exercise price range, lower limit	$ 10.00
Exercise price range, upper limit	$ 13.39
Exercise price range, number of options outstanding	78,110
Weighted average remaining contractual term in years, options outstanding	5 years 8 months 23 days
Aggregate intrinsic value, options outstanding	$ 1,701
Exercise price range, options exercisable	78,110
Weighted average remaining contractual term in years, options exercisable	5 years 8 months 23 days
Aggregate intrinsic value, options exercisable	$ 1,701
Exercise Price Range 15.94-19.97 [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Exercise price range, lower limit	$ 15.94
Exercise price range, upper limit	$ 19.97
Exercise price range, number of options outstanding	107,218
Weighted average remaining contractual term in years, options outstanding	6 years 4 months 17 days
Aggregate intrinsic value, options outstanding	$ 1,612
Exercise price range, options exercisable	107,218
Weighted average remaining contractual term in years, options exercisable	6 years 4 months 17 days
Aggregate intrinsic value, options exercisable	$ 1,612
Exercise Price Range 21.36-22.31 [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Exercise price range, lower limit	$ 21.36
Exercise price range, upper limit	$ 22.31
Exercise price range, number of options outstanding	332,956
Weighted average remaining contractual term in years, options outstanding	7 years 7 months 17 days
Aggregate intrinsic value, options outstanding	$ 3,540
Exercise price range, options exercisable	266,290
Weighted average remaining contractual term in years, options exercisable	7 years 6 months 18 days
Aggregate intrinsic value, options exercisable	$ 2,832
Exercise Price 27.00 [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Exercise price range, upper limit	$ 27
Exercise price range, number of options outstanding	4,534,970
Weighted average remaining contractual term in years, options outstanding	7 years 1 month 2 days
Aggregate intrinsic value, options outstanding	$ 26,847
Exercise price range, options exercisable	4,534,970
Weighted average remaining contractual term in years, options exercisable	7 years 1 month 2 days
Aggregate intrinsic value, options exercisable	$ 26,847
Exercise Price 63.74 [Member]
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Exercise price range, upper limit	$ 63.74
Exercise price range, number of options outstanding	17,685
Weighted average remaining contractual term in years, options outstanding	4 years 11 months 12 days
Aggregate intrinsic value, options outstanding
Exercise price range, options exercisable	17,685
Weighted average remaining contractual term in years, options exercisable	4 years 11 months 12 days
Aggregate intrinsic value, options exercisable

Regulatory Requirements and Restrictions (Narrative) (Details) $ in Thousands	Dec. 31, 2013 USD ($)
Regulatory Requirements and Restrictions [Abstract]
Ratio that the FDIC indemnification asset and the covered assets are risk-weighted at (in Percent)	20.00%
FRB net reserve requirement	$ 24,000

Regulatory Requirements and Restrictions (Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations) (Details) - USD ($)
$ in Thousands

Dec. 31, 2013

Dec. 31, 2012

BankUnited, Inc. [Member]

Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]

Tier 1 leverage capital, Actual, Amount

$ 1,801,848

$ 1,646,120

Tier 1 risk-based capital, Actual, Amount

1,801,848

1,646,120

Total risk-based capital, Actual, Amount

$ 1,876,640

$ 1,708,907

Tier 1 leverage capital, Actual, Ratio (in Percent)

12.42%

13.16%

Tier 1 risk-based capital, Actual, Ratio (in Percent)

21.06%

33.60%

Total risk-based capital, Actual, Ratio (in Percent)

21.93%

34.88%

Tier 1 leverage capital, Required to be Considered Well Capitalized, Amount

^[1]

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Amount

513,439

293,952

Total risk-based capital, Required to be Considered Well Capitalized, Amount

$ 855,732

$ 489,920

Tier 1 leverage capital, Required to be Considered Well Capitalized, Ratio (in Percent)

^[1]

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

6.00%

Total risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

10.00%

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Amount

$ 580,454

$ 500,402

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Amount

342,293

195,968

Total risk-based capital, Required to be Considered Adequately Capitalized, Amount

$ 684,586

$ 391,936

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Total risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

8.00%

BankUnited [Member]

Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]

Tier 1 leverage capital, Actual, Amount

$ 1,519,285

$ 1,304,980

Tier 1 risk-based capital, Actual, Amount

1,519,285

1,304,980

Total risk-based capital, Actual, Amount

$ 1,592,564

$ 1,361,736

Tier 1 leverage capital, Actual, Ratio (in Percent)

10.58%

11.01%

Tier 1 risk-based capital, Actual, Ratio (in Percent)

18.06%

29.12%

Total risk-based capital, Actual, Ratio (in Percent)

18.93%

30.38%

Tier 1 leverage capital, Required to be Considered Well Capitalized, Amount

$ 718,098

$ 592,836

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Amount

504,822

268,903

Total risk-based capital, Required to be Considered Well Capitalized, Amount

$ 841,371

$ 448,173

Tier 1 leverage capital, Required to be Considered Well Capitalized, Ratio (in Percent)

5.00%

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

6.00%

Total risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

10.00%

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Amount

$ 574,479

$ 474,269

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Amount

336,548

179,269

Total risk-based capital, Required to be Considered Adequately Capitalized, Amount

$ 673,097

$ 358,538

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Total risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

8.00%

Herald [Member]

Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]

Tier 1 leverage capital, Actual, Amount

$ 91,249

Tier 1 risk-based capital, Actual, Amount

91,249

Total risk-based capital, Actual, Amount

$ 92,998

Tier 1 leverage capital, Actual, Ratio (in Percent)

18.78%

Tier 1 risk-based capital, Actual, Ratio (in Percent)

31.67%

Total risk-based capital, Actual, Ratio (in Percent)

32.28%

Tier 1 leverage capital, Required to be Considered Well Capitalized, Amount

$ 24,294

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Amount

17,287

Total risk-based capital, Required to be Considered Well Capitalized, Amount

$ 28,810

Tier 1 leverage capital, Required to be Considered Well Capitalized, Ratio (in Percent)

5.00%

Tier 1 risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

6.00%

Total risk-based capital, Required to be Considered Well Capitalized, Ratio (in Percent)

10.00%

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Amount

$ 19,435

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Amount

11,525

Total risk-based capital, Required to be Considered Adequately Capitalized, Amount

$ 23,048

Tier 1 leverage capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Tier 1 risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

4.00%

Total risk-based capital, Required to be Considered Adequately Capitalized, Ratio (in Percent)

8.00%

[1]	There is no Tier 1 leverage ratio component in the definition of a well-capitalized bank holding company.

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Fair Value Inputs Assets Quantitative Information [Line Items]
Fair value of preferred stocks transferred from Level 2 to Level 1			$ 200,000
Minimum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Current subordination level (in Percent)	7.30%
Maximum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Current subordination level (in Percent)	11.30%
Non-covered private label residential mortgage-backed securities [Member] \| Minimum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Coupon rate (in Percent)	2.50%
Non-covered private label residential mortgage-backed securities [Member] \| Maximum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Coupon rate (in Percent)	3.70%
Non-mortgage asset-backed securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset transfers out of level 3		$ 66,296	157,801
Asset transfers into level 3			64,533
Certain non-covered private label residential mortgage-backed securities and certain non-mortgage asset-backed securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset transfers out of level 3		$ 271,000
Re-Remics, private label commercial mortgage backed securities, and non-mortgage asset backed securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Asset transfers into level 3			$ 780,000
Fair Value Inputs Level 3 [Member] \| Non-covered private label residential mortgage-backed securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Aggregate fair value of assets	$ 24,000
Fair Value Inputs Level 3 [Member] \| Covered pooled trust preferred securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Aggregate fair value of assets	5,000
Fair Value Inputs Level 3 [Member] \| Covered private label residential mortgage-back securities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Aggregate fair value of assets	$ 176,000

Fair Value Measurements (Schedule of Changes in the Fair Value of Assets and Liabilities Measured at Fair Value) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
FDIC Warrant [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of liabilities			$ (25,000)
Fair value of liabilities, Settlements			25,000
PIU Liability [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of liabilities			(44,964)
Fair value of liabilities, Settlements			44,964
Derivative Liabilities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of liabilities	$ (29)		(78)
Fair value of liabilities, Gains (losses) for the period included in Net income	26	$ (29)	78
Balance at end of period, fair value of liabilities	(3)	(29)
Re-Remics [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of assets			612,631
Fair value of assets, Gains (losses) for the period included in Other Comprehensive Income			(9,949)
Premium and discount (amortization) accretion			1,430
Fair value of assets, Settlements			(145,700)
Fair Value of assets, Transfers out of level 3			(458,412)
Private Label Residential Mortgage-Backed Securities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of assets	243,058	387,687	382,920
Fair value of assets, Gains (losses) for the period included in Other Comprehensive Income	(2,157)	16,629	(18,135)
Premium and discount (amortization) accretion	12,470	12,713	17,595
Fair value of assets, purchases or issuances		167,300	93,594
Fair value of assets, Settlements	(53,963)	(136,244)	(88,287)
Fair Value of assets, Transfers out of level 3		(205,027)
Balance at end of period, fair value of assets	199,408	243,058	387,687
Private Label Commercial Mortgage-Backed Securities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair value of assets, Gains (losses) for the period included in Other Comprehensive Income			6,033
Premium and discount (amortization) accretion			2,171
Fair value of assets, purchases or issuances			178,370
Fair value of assets, Settlements			(22,856)
Fair Value of assets, Transfers out of level 3			(163,718)
Non-Mortgage Asset-Backed Securities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of assets		79,870	130,610
Fair value of assets, Gains (losses) for the period included in Other Comprehensive Income		1,482	(3,256)
Premium and discount (amortization) accretion		443	(4,872)
Fair value of assets, purchases or issuances			140,922
Fair value of assets, Sales			(14,978)
Fair value of assets, Settlements		(15,499)	(75,288)
Fair Value of assets, Transfers into level 3			64,533
Fair Value of assets, Transfers out of level 3		(66,296)	(157,801)
Balance at end of period, fair value of assets			79,870
Other Debt Securities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period, fair value of assets	4,173	3,159	3,943
Fair value of assets, Gains (losses) for the period included in Other Comprehensive Income	691	1,234	(771)
Premium and discount (amortization) accretion	61	63	84
Fair value of assets, Settlements	(324)	(283)	(97)
Balance at end of period, fair value of assets	4,601	$ 4,173	$ 3,159
Derivative Assets [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair value of assets, Gains (losses) for the period included in Net income	35
Balance at end of period, fair value of assets	$ 35

Fair Value Measurements (Schedule of Valuation Techniques and Unobservable Inputs Used in the Valuation of Financial Instruments Falling within Level 3 of the Fair Value Hierarchy) (Details) - Discounted Cash Flow [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)
Private label residential mortgage-backed securities and CMOs - Covered [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Total fair value of assets	$ 175,863
Private label residential mortgage-backed securities and CMOs - Covered [Member] \| Minimum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	2.70%
Probability rate of default (in Percent)	0.02%
Loss severity rate (in Percent)	0.00%
Private label residential mortgage-backed securities and CMOs - Covered [Member] \| Maximum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	20.00%
Probability rate of default (in Percent)	19.13%
Loss severity rate (in Percent)	55.00%
Private label residential mortgage-backed securities and CMOs - Covered [Member] \| Weighted Average [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	6.99%
Probability rate of default (in Percent)	4.49%
Loss severity rate (in Percent)	17.29%
Private label residential mortgage-backed securities and CMOs - Non-covered [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Total fair value of assets	$ 23,545
Private label residential mortgage-backed securities and CMOs - Non-covered [Member] \| Minimum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	9.42%
Probability rate of default (in Percent)	0.20%
Loss severity rate (in Percent)	0.07%
Private label residential mortgage-backed securities and CMOs - Non-covered [Member] \| Maximum [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	14.64%
Probability rate of default (in Percent)	1.42%
Loss severity rate (in Percent)	9.46%
Private label residential mortgage-backed securities and CMOs - Non-covered [Member] \| Weighted Average [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]
Voluntary prepayment rate (in Percent)	13.53%
Probability rate of default (in Percent)	1.01%
Loss severity rate (in Percent)	3.88%

Fair Value Measurements (Schedule of Assets for which Nonrecurring Changes in Fair Value have been Recorded) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
OREO [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Nonrecurring Changes in Fair Value	$ 40,570	$ 76,022	$ 123,737
Gains (Losses) from Non-recurring Fair Value Changes	(1,939)	(9,926)	(24,569)
OREO [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Nonrecurring Changes in Fair Value	40,570	76,022	123,737
Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Nonrecurring Changes in Fair Value	7,320	5,956	5,028
Gains (Losses) from Non-recurring Fair Value Changes	(22,865)	(1,600)	(4,254)
Impaired Loans [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Nonrecurring Changes in Fair Value	$ 7,320	$ 5,956	$ 5,028

Fair Value Measurements (Schedule of the Carrying Value and Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Fair Value [Member] \| Fair Value Inputs Level 1 [Member]
Assets:
Cash and cash equivalents	$ 252,749	$ 495,353
Investment securities available for sale	3,637,124	4,172,412
Fair Value [Member] \| Fair Value Inputs Level 2 [Member]
Assets:
Investment securities available for sale	3,637,124	4,172,412
Non-marketable equity securities	152,066	133,060
Loans held for sale	197	2,151
Accrued interest receivable	25,150	22,059
Derivative assets	21,866	4,908
Liabilities:
Demand, savings and money market deposits, Carrying Value	7,250,401	5,897,362
Time deposits	3,303,358	2,666,780
Federal Home Loan Bank advances and other borrowings	2,417,566	1,937,491
Accrued interest payable	1,643	3,877
Derivative liabilities	43,791	55,741
Fair Value [Member] \| Fair Value Inputs Level 3 [Member]
Assets:
Investment securities available for sale	3,637,124	4,172,412
Covered loans	2,199,683	2,508,466
Non-covered loans	7,424,698	3,718,377
FDIC indemnification asset	854,703	1,285,434
Derivative assets	21,866	4,908
Liabilities:
Derivative liabilities	43,791	55,741
Carrying Value [Member]
Assets:
Cash and cash equivalents	252,749	495,353
Investment securities available for sale	3,637,124	4,172,412
Non-marketable equity securities	152,066	133,060
Loans held for sale	194	2,129
Covered loans	1,471,493	1,846,482
Non-covered loans	7,512,391	3,666,136
FDIC indemnification asset	1,205,117	1,457,570
Accrued interest receivable	25,150	22,059
Derivative assets	21,866	4,908
Liabilities:
Demand, savings and money market deposits, Carrying Value	7,250,401	5,897,362
Time deposits	3,282,027	2,640,711
Federal Home Loan Bank advances and other borrowings	2,414,313	1,925,094
Accrued interest payable	1,643	3,877
Derivative liabilities	$ 43,791	$ 55,741

Commitments and Contingencies (Schedule of Lending Related Commitments Outstanding) (Details) $ in Thousands	Dec. 31, 2013 USD ($)
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	$ 1,773,865
Unfunded commitments under lines credit - Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	51,085
Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	51,085
Commitments to fund loans - Non-Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	685,384
Commitments to purchase loans - Non-Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	66,290
Unfunded commitments under lines of credit - Non-Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	920,638
Commercial and standby letters of credit - Non-Covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	50,468
Non-covered [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	1,722,780
Commitments To Fund Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	685,384
Commitments To Purchase Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	66,290
Unfunded commitments under lines of credit [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	971,723
Commercial and standby letters of credit [Member]
Accounts Notes And Loans Receivable [Line Items]
Total lending related commitments outstanding	$ 50,468

Condensed Financial Statements of BankUnited, Inc. (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Condensed Financial Statements of BankUnited, Inc. [Abstract]
Investment in the Bank	$ 1,600,000	$ 1,600,000
Cash dividends received from the Bank	$ 100,000	$ 100,000	$ 115,000

Condensed Financial Statements of BankUnited, Inc. (Schedule of Condensed Balance Sheet) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Assets:
Cash and cash equivalents	$ 252,749	$ 495,353	$ 303,742	$ 564,774
Investment securities available for sale, at fair value	3,637,124	4,172,412
Deferred tax asset, net	70,626	62,274
Other assets	232,010	148,946
Total assets	15,046,649	12,375,953
Liabilities and Stockholders' Equity:
Liabilities	13,117,951	10,569,273
Stockholders' equity	1,928,698	1,806,680	1,535,280	1,253,508
Total liabilities and stockholders' equity	15,046,649	12,375,953
BankUnited, Inc. [Member]
Assets:
Cash and cash equivalents	132,293	52,989	$ 128,126	$ 83,236
Investment securities available for sale, at fair value	132,262	155,688
Investment in subsidiaries	1,643,939	1,554,153
Deferred tax asset, net	15,043	14,973
Other assets	31,254	32,582
Total assets	1,954,791	1,810,385
Liabilities and Stockholders' Equity:
Liabilities	26,093	3,705
Stockholders' equity	1,928,698	1,806,680
Total liabilities and stockholders' equity	$ 1,954,791	$ 1,810,385

Condensed Financial Statements of BankUnited, Inc. (Schedule of Condensed Statements of Income) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income:
Interest and dividends on investment securities available for sale									$ 114,535	$ 131,198	$ 122,626
Expense:
Employee compensation and benefits									173,763	173,261	272,991
Income before income taxes	$ 73,389	$ 78,557	$ 86,902	$ 79,154	$ 100,331	$ 81,505	$ 81,707	$ 81,322	318,002	344,865	192,744
Provision (benefit) for income taxes	(20,996)	(24,248)	(32,894)	(30,928)	(37,829)	(31,948)	(32,778)	(31,050)	(109,066)	(133,605)	(129,576)
Net income	$ 52,393	$ 54,309	$ 54,008	$ 48,226	$ 62,502	$ 49,557	$ 48,929	$ 50,272	208,936	211,260	63,168
BankUnited, Inc. [Member]
Income:
Interest and dividends on investment securities available for sale									5,647	3,890	2,033
Service fees from subsidiaries									6,293	14,043	25,659
Equity in earnings of subsidiaries									216,240	218,154	190,134
Other									68	5,905
Total									228,248	241,992	217,826
Expense:
Employee compensation and benefits									18,465	26,928	145,279
Other									6,806	6,914	7,858
Total									25,271	33,842	153,137
Income before income taxes									202,977	208,150	64,689
Provision (benefit) for income taxes									5,959	3,110	(1,521)
Net income									$ 208,936	$ 211,260	$ 63,168

Condensed Financial Statements of BankUnited, Inc. (Schedule of Condensed Statements of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income	$ 52,393	$ 54,309	$ 54,008	$ 48,226	$ 62,502	$ 49,557	$ 48,929	$ 50,272	$ 208,936	$ 211,260	$ 63,168
Adjustments to reconcile net income to net cash used in operating activities:
Equity based compensation									13,429	23,204	144,769
Net cash used in operating activities									(67,107)	(351,606)	(248,588)
Cash flows from investing activities:
Purchase of investment securities available for sale									(1,095,477)	(1,300,485)	(2,074,483)
Proceeds from repayments, sale, maturities and calls of investment securities available for sale									5,751	78,623	61,565
Cash paid in business combination										(1,626)
Other									(55,651)
Net cash provided by (used in) investing activities									(2,606,984)	201,000	(235,877)
Cash flows from financing activities:
Issuance of common stock											98,620
Dividends paid									(65,225)	(89,021)	(55,803)
Settlement of FDIC warrant liability											(25,000)
Other									2,490	(1,665)	(3,001)
Net cash provided by financing activities									2,431,487	342,217	223,433
Net increase (decrease) in cash and cash equivalents									(242,604)	191,611	(261,032)
Cash and cash equivalents, beginning of period				495,353				303,742	495,353	303,742	564,774
Cash and cash equivalents, end of period	252,749				495,353				252,749	495,353	303,742
Supplemental schedule of non-cash investing and financing activities:
Dividends declared, not paid									21,833		14,930
Equity consideration issued in business combination										39,861
Reclassification of liability awards to equity									507		44,964
BankUnited, Inc. [Member]
Cash flows from operating activities:
Net income									208,936	211,260	63,168
Adjustments to reconcile net income to net cash used in operating activities:
Equity in undistributed earnings of subsidiaries									(116,240)	(118,154)	(75,134)
Equity based compensation									13,429	23,204	144,769
Other									5,774	(5,529)	(883)
Net cash used in operating activities									111,899	110,781	131,920
Cash flows from investing activities:
Capital contributions to subsidiary										(30,000)
Purchase of investment securities available for sale										(99,710)	(123,367)
Proceeds from repayments, sale, maturities and calls of investment securities available for sale									19,851	53,094	17,812
Cash paid in business combination										(25,164)
Other									79	(326)	(223)
Net cash provided by (used in) investing activities									19,930	(102,106)	(105,778)
Cash flows from financing activities:
Issuance of common stock											98,620
Dividends paid									(65,225)	(89,021)	(55,803)
Settlement of FDIC warrant liability											(25,000)
Other									12,700	5,209	931
Net cash provided by financing activities									(52,525)	(83,812)	18,748
Net increase (decrease) in cash and cash equivalents									79,304	(75,137)	44,890
Cash and cash equivalents, beginning of period				$ 52,989				$ 128,126	52,989	128,126	83,236
Cash and cash equivalents, end of period	$ 132,293				$ 52,989				132,293	52,989	128,126
Supplemental schedule of non-cash investing and financing activities:
Dividends declared, not paid									21,833		14,930
Equity consideration issued in business combination										$ 39,861

Subsequent Events (Narrative) (Details) $ in Thousands	Dec. 31, 2013 USD ($)
Subsequent Events [Abstract]
Subsequent event, carrying value of commerical and consumer loans company approved to sell	$ 87,000

Quarterly Financial Information (Schedule of Quarterly Financial Information) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Quarterly Financial Information [Abstract]

Interest income

$ 188,664

$ 187,684

$ 186,098

$ 176,375

$ 202,346

$ 170,305

$ 177,915

$ 170,290

$ 738,821

$ 720,856

$ 638,097

Interest expense

24,409

23,566

22,048

22,588

27,782

30,888

32,118

32,481

92,611

123,269

138,937

Net interest income before provision for (recovery of) loan losses

164,255

164,118

164,050

153,787

174,564

139,417

145,797

137,809

646,210

597,587

499,160

Provision for loan losses

12,512

2,604

4,881

11,967

1,030

6,374

2,725

8,767

31,964

18,896

13,828

Net interest income after provision for (recovery of) loan losses

151,743

161,514

159,169

141,820

173,534

133,043

143,072

129,042

614,246

578,691

485,332

Non-interest income

5,850

1,333

6,080

17,843

5,499

^[1],[2]

25,684

21,666

36,398

31,106

89,247

163,217

Total non-interest expense

84,204

84,290

78,347

80,509

78,702

77,222

83,031

84,118

327,350

323,073

455,805

Income before income taxes

73,389

78,557

86,902

79,154

100,331

81,505

81,707

81,322

318,002

344,865

192,744

Provision for income taxes

20,996

24,248

32,894

30,928

37,829

31,948

32,778

31,050

109,066

133,605

129,576

Net income

$ 52,393

$ 54,309

$ 54,008

$ 48,226

$ 62,502

$ 49,557

$ 48,929

$ 50,272

$ 208,936

$ 211,260

$ 63,168

Earnings per common share, basic (in Dollars per Share)

$ 0.50

$ 0.52

$ 0.48

$ 0.61

$ 0.48

$ 0.49

$ 2.03

$ 2.05

$ 0.63

Earnings per common share, diluted (in Dollars per Share)

$ 0.50

$ 0.52

$ 0.47

$ 0.61

$ 0.48

$ 0.49

$ 2.01

$ 2.05

$ 0.62

Loss from extinguishment of Federal Home Loan Bank advances

$ 14,175

Loss from termination of interest rate swap

$ 0

$ 8,701

$ 0

[1]	Non-interest income for the fourth quarter of 2012 includes a loss from the extinguishment of Federal Home Loan Bank advances of $14.2 million. See Note 11.
[2]	Non-interest income for the fourth quarter of 2012 includes a loss from the termination of an interest rate swap of $8.7 million. See Note 13.

Loans and Allowance for Loan and Lease Losses (Schedule of Financing Receivables Past Due) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable Investment Past Due [Line Items]
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	$ 9,053,609	$ 5,571,739
1-4 single family residential [Member]
Financing Receivable Investment Past Due [Line Items]
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	2,944,462	2,314,364
Consumer [Member]
Financing Receivable Investment Past Due [Line Items]
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	221,720	35,781
Non-ACI loans [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	177,433	221,632
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	5,546	6,645
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	853	2,456
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	8,809	16,243
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	192,641	246,976
Non-ACI loans [Member] \| 1-4 single family residential [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	56,248	71,096
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	3,129	4,448
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	293	609
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered		2,431
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	59,670	78,584
Non-ACI loans [Member] \| Home equity loans and lines of credit [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	116,036	140,975
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,417	2,170
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	556	1,835
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	6,559	9,767
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	125,568	154,747
Non-ACI loans [Member] \| Multi-family [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered		712
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered		712
Non-ACI loans [Member] \| Commercial real estate - Owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	687	851
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	687	851
Non-ACI loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	52	59
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	52	59
Non-ACI loans [Member] \| Construction and land [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	688	775
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	688	775
Non-ACI loans [Member] \| Commercial and industrial [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	3,722	7,164
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		27
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	4	12
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,250	4,045
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	5,976	11,248
New Loans [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	7,541,167	3,685,424
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	4,366	14,757
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	460	398
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	8,868	2,698
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	7,554,861	3,703,277
New Loans [Member] \| 1-4 single family residential [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,824,084	927,859
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,990	7,458
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	109	161
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	597	193
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	1,827,780	935,671
New Loans [Member] \| Home equity loans and lines of credit [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,535	1,811
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		143
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	1,535	1,954
New Loans [Member] \| Multi-family [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,099,153	306,481
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	1,099,153	306,481
New Loans [Member] \| Commercial real estate - Owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	710,938	450,261
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	596
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	711,534	450,261
New Loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	947,652	342,844
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	947,652	342,844
New Loans [Member] \| Construction and land [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	137,757	72,002
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	137,757	72,002
New Loans [Member] \| Commercial and industrial [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,260,628	1,322,937
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	610	7,147
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	165	192
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	7,644	2,505
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	2,269,047	1,332,781
New Loans [Member] \| Lease financing [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	340,337	227,741
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	25
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	340,362	227,741
New Loans [Member] \| Consumer [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	219,083	33,488
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	766	9
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	161	45
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	31
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	220,041	33,542
ACI loans [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,178,933	1,375,180
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	37,715	52,864
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	10,809	16,941
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	78,650	176,501
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	1,306,107	1,621,486
ACI loans [Member] \| 1-4 single family residential [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	957,791	1,093,363
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	33,067	47,529
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	10,279	15,906
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	55,875	143,311
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	1,057,012	1,300,109
ACI loans [Member] \| Home equity loans and lines of credit [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	33,967	43,226
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,150	1,254
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	329	564
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	4,156	7,455
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	39,602	52,499
ACI loans [Member] \| Multi-family [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	38,877	47,474
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		45
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,570	8,629
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	41,447	56,148
ACI loans [Member] \| Commercial real estate - Owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	54,501	62,491
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	253	100
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		69
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	425	102
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	55,179	62,762
ACI loans [Member] \| Commercial real estate - Non-owner occupied [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	81,754	109,417
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	3,245	1,975
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		378
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	9,539	3,287
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	94,538	115,057
ACI loans [Member] \| Construction and land [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	7,373	9,257
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	3,227	8,807
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	10,600	18,064
ACI loans [Member] \| Commercial and industrial [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	3,193	7,762
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		1,951
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		17
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	2,857	4,878
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	6,050	14,608
ACI loans [Member] \| Consumer [Member]
Financing Receivable Investment Past Due [Line Items]
Loans, current, net of premiums, discounts, deferred fees and costs, covered and non-covered	1,477	2,190
Loans, 30-59 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered		10
Loans, 60-89 days past due, net of premiums, discounts, deferred fees and costs, covered and non-covered	201	7
Loans, past due 90 days or more or in foreclosure, net of premiums, discounts, deferred fees and costs, covered and non-covered	1	32
Loans net of premiums, discounts and deferred fees and costs, covered and non-covered	$ 1,679	$ 2,239

Fair Value Measurements (Schedule of Fair Value Assets And Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	$ 3,658,990	$ 4,177,320
Total liabilities at fair value	43,791	55,741
Fair Value Inputs Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	149,427	169,420
Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	3,305,519	3,760,669
Total liabilities at fair value	43,788	55,712
Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	204,044	247,231
Total liabilities at fair value	3	29
Derivative liabilities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total liabilities at fair value	43,791	55,741
Derivative liabilities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total liabilities at fair value	43,788	55,712
Derivative liabilities [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total liabilities at fair value	3	29
US Treasury and government agency securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		35,154
US Treasury and government agency securities [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		20,141
US Treasury and government agency securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		15,013
US Government agency and sponsored enterprise residential mortgage-backed securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	1,574,303	1,584,523
US Government agency and sponsored enterprise residential mortgage-backed securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	1,574,303	1,584,523
US Government agency and sponsored enterprise commercial mortgage-backed securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	26,777	60,416
US Government agency and sponsored enterprise commercial mortgage-backed securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	26,777	60,416
Re-Remics [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	271,785	585,042
Re-Remics [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	271,785	585,042
Private label residential mortgage-backed securities and CMO's [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	310,118	448,085
Private label residential mortgage-backed securities and CMO's [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	110,710	205,027
Private label residential mortgage-backed securities and CMO's [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	199,408	243,058
Private label commercial mortgage-backed securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	808,772	433,092
Private label commercial mortgage-backed securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	808,772	433,092
Collateralized loan obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		253,188
Collateralized loan obligations [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		253,188
Non-mortgage asset-backed securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	178,994	241,346
Non-mortgage asset-backed securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	178,994	241,346
Mutual funds and preferred stocks [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	149,677	149,653
Mutual funds and preferred stocks [Member] \| Fair Value Inputs Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	149,427	149,279
Mutual funds and preferred stocks [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	250	374
State and municipal obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		25,353
State and municipal obligations [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value		25,353
Small Business Administration securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	308,937	339,610
Small Business Administration securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	308,937	339,610
Other debt securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	7,761	16,950
Other debt securities [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	3,160	12,777
Other debt securities [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	4,601	4,173
Derivative assets [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	21,866	4,908
Derivative assets [Member] \| Fair Value Inputs Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	21,831	$ 4,908
Derivative assets [Member] \| Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets at fair value	$ 35