Noncash activities are summarized as follows: | ||||||||||||
(In thousands) | Year Ended December 31, | |||||||||||
2013 | 2012 | 2011 | ||||||||||
Loans transferred to other real estate owned | $ | 60,749 | $ | 172,018 | $ | 301,454 | ||||||
Loans and leases transferred to loans held for sale | 36,301 | — | 31,936 | |||||||||
Beneficial conversion feature transferred from common stock to preferred stock as a result of subordinated debt conversions | 206 | 15,232 | 43,139 | |||||||||
Subordinated debt converted to preferred stock | 1,210 | 89,564 | 256,109 | |||||||||
Preferred stock transferred to common stock as a result of the Series C preferred stock redemption | 580 | — | — | |||||||||
Preferred stock/beneficial conversion feature transferred to retained earnings as result of the Series C preferred stock redemption | 125,700 | — | — | |||||||||
Amortized cost of HTM securities transferred to AFS securities | 181,915 | — | — | |||||||||