Allowance for Loan Losses, Allowance for Losses on Lending-Related Commitments and Impaired Loans Allowance for Loan Losses, Allowance for Losses on Lending-Related Commitments and Impaired Loans (Tables)
|
6 Months Ended |
Jun. 30, 2014
|
Loans and Leases Receivable, Allowance [Abstract] |
|
Schedule Of Aging Of The Company's Loan Portfolio |
The tables below show the aging of the Company’s loan portfolio at June 30, 2014, December 31, 2013 and June 30, 2013: | | | | | | | | | | | | | | | | | | | | | | | | | As of June 30, 2014 | | | 90+ days and still accruing | | 60-89 days past due | | 30-59 days past due | | | | | (Dollars in thousands) | Nonaccrual | | | | | Current | | Total Loans | Loan Balances: | | | | | | | | | | | | Commercial | | | | | | | | | | | | Commercial and industrial | $ | 6,216 |
| | $ | — |
| | $ | 4,165 |
| | $ | 21,610 |
| | $ | 1,980,489 |
| | $ | 2,012,480 |
| Franchise | — |
| | — |
| | — |
| | 549 |
| | 222,907 |
| | 223,456 |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | 1,680 |
| | 146,531 |
| | 148,211 |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | 94,009 |
| | 94,009 |
| Aircraft | — |
| | — |
| | — |
| | — |
| | 7,847 |
| | 7,847 |
| Asset-based lending | 295 |
| | — |
| | — |
| | 6,047 |
| | 772,002 |
| | 778,344 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | 208,913 |
| | 208,913 |
| Leases | — |
| | — |
| | — |
| | 36 |
| | 144,399 |
| | 144,435 |
| Other | — |
| | — |
| | — |
| | — |
| | 9,792 |
| | 9,792 |
| PCI - commercial (1) | — |
| | 1,452 |
| | — |
| | 224 |
| | 11,267 |
| | 12,943 |
| Total commercial | 6,511 |
| | 1,452 |
| | 4,165 |
| | 30,146 |
| | 3,598,156 |
| | 3,640,430 |
| Commercial real-estate: | | | | | | | | | | | | Residential construction | — |
| | — |
| | — |
| | 18 |
| | 29,941 |
| | 29,959 |
| Commercial construction | 839 |
| | — |
| | — |
| | — |
| | 154,220 |
| | 155,059 |
| Land | 2,367 |
| | — |
| | 614 |
| | 4,502 |
| | 98,444 |
| | 105,927 |
| Office | 10,950 |
| | — |
| | 999 |
| | 3,911 |
| | 652,057 |
| | 667,917 |
| Industrial | 5,097 |
| | — |
| | 899 |
| | 690 |
| | 610,954 |
| | 617,640 |
| Retail | 6,909 |
| | — |
| | 1,334 |
| | 2,560 |
| | 686,292 |
| | 697,095 |
| Multi-family | 689 |
| | — |
| | 244 |
| | 4,717 |
| | 630,519 |
| | 636,169 |
| Mixed use and other | 9,470 |
| | 309 |
| | 5,384 |
| | 12,300 |
| | 1,350,976 |
| | 1,378,439 |
| PCI - commercial real-estate (1) | — |
| | 15,682 |
| | 155 |
| | 1,595 |
| | 47,835 |
| | 65,267 |
| Total commercial real-estate | 36,321 |
| | 15,991 |
| | 9,629 |
| | 30,293 |
| | 4,261,238 |
| | 4,353,472 |
| Home equity | 5,804 |
| | — |
| | 1,392 |
| | 3,324 |
| | 703,122 |
| | 713,642 |
| Residential real estate | 15,294 |
| | — |
| | 1,487 |
| | 1,978 |
| | 430,364 |
| | 449,123 |
| PCI - residential real estate (1) | — |
| | 988 |
| | 111 |
| | — |
| | 1,683 |
| | 2,782 |
| Premium finance receivables | | | | | | | | | | | | Commercial insurance loans | 12,298 |
| | 10,275 |
| | 12,335 |
| | 14,672 |
| | 2,328,949 |
| | 2,378,529 |
| Life insurance loans | — |
| | 649 |
| | 896 |
| | 4,783 |
| | 1,635,557 |
| | 1,641,885 |
| PCI - life insurance loans (1) | — |
| | — |
| | — |
| | — |
| | 409,760 |
| | 409,760 |
| Consumer and other | 1,116 |
| | 73 |
| | 558 |
| | 600 |
| | 157,828 |
| | 160,175 |
| PCI - consumer and other (1) | — |
| | — |
| | 4 |
| | — |
| | 194 |
| | 198 |
| Total loans, net of unearned income, excluding covered loans | $ | 77,344 |
| | $ | 29,428 |
| | $ | 30,577 |
| | $ | 85,796 |
| | $ | 13,526,851 |
| | $ | 13,749,996 |
| Covered loans | 6,690 |
| | 34,486 |
| | 4,003 |
| | 1,482 |
| | 228,493 |
| | 275,154 |
| Total loans, net of unearned income | $ | 84,034 |
| | $ | 63,914 |
| | $ | 34,580 |
| | $ | 87,278 |
| | $ | 13,755,344 |
| | $ | 14,025,150 |
|
| | (1) | PCI loans represent loans acquired with evidence of credit quality deterioration since origination, in accordance with ASC 310-30. Loan agings are based upon contractually required payments. |
| | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2013 | | | 90+ days and still accruing | | 60-89 days past due | | 30-59 days past due | | | | | (Dollars in thousands) | Nonaccrual | | | | | Current | | Total Loans | Loan Balances: | | | | | | | | | | | | Commercial | | | | | | | | | | | | Commercial and industrial | $ | 10,143 |
| | $ | — |
| | $ | 4,938 |
| | $ | 7,404 |
| | $ | 1,813,721 |
| | $ | 1,836,206 |
| Franchise | — |
| | — |
| | 400 |
| | — |
| | 219,983 |
| | 220,383 |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | 67,470 |
| | 67,470 |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | 90,894 |
| | 90,894 |
| Aircraft | — |
| | — |
| | — |
| | — |
| | 10,241 |
| | 10,241 |
| Asset-based lending | 637 |
| | — |
| | 388 |
| | 1,878 |
| | 732,190 |
| | 735,093 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | 161,239 |
| | 161,239 |
| Leases | — |
| | — |
| | — |
| | 788 |
| | 109,043 |
| | 109,831 |
| Other | — |
| | — |
| | — |
| | — |
| | 11,147 |
| | 11,147 |
| PCI - commercial (1) | — |
| | 274 |
| | 156 |
| | 1,685 |
| | 9,068 |
| | 11,183 |
| Total commercial | 10,780 |
| | 274 |
| | 5,882 |
| | 11,755 |
| | 3,224,996 |
| | 3,253,687 |
| Commercial real-estate | | | | | | | | | | | | Residential construction | 149 |
| | — |
| | — |
| | — |
| | 38,351 |
| | 38,500 |
| Commercial construction | 6,969 |
| | — |
| | — |
| | 505 |
| | 129,232 |
| | 136,706 |
| Land | 2,814 |
| | — |
| | 4,224 |
| | 619 |
| | 99,128 |
| | 106,785 |
| Office | 10,087 |
| | — |
| | 2,265 |
| | 3,862 |
| | 626,027 |
| | 642,241 |
| Industrial | 5,654 |
| | — |
| | 585 |
| | 914 |
| | 626,785 |
| | 633,938 |
| Retail | 10,862 |
| | — |
| | 837 |
| | 2,435 |
| | 642,125 |
| | 656,259 |
| Multi-family | 2,035 |
| | — |
| | — |
| | 348 |
| | 564,154 |
| | 566,537 |
| Mixed use and other | 8,088 |
| | 230 |
| | 3,943 |
| | 15,949 |
| | 1,344,244 |
| | 1,372,454 |
| PCI - commercial real-estate (1) | — |
| | 18,582 |
| | 3,540 |
| | 5,238 |
| | 49,255 |
| | 76,615 |
| Total commercial real-estate | 46,658 |
| | 18,812 |
| | 15,394 |
| | 29,870 |
| | 4,119,301 |
| | 4,230,035 |
| Home equity | 10,071 |
| | — |
| | 1,344 |
| | 3,060 |
| | 704,662 |
| | 719,137 |
| Residential real-estate | 14,974 |
| | — |
| | 1,689 |
| | 5,032 |
| | 410,430 |
| | 432,125 |
| PCI - residential real-estate (1) | — |
| | 1,988 |
| | — |
| | — |
| | 879 |
| | 2,867 |
| Premium finance receivables | | | | | | | | | | | | Commercial insurance loans | 10,537 |
| | 8,842 |
| | 6,912 |
| | 24,094 |
| | 2,117,180 |
| | 2,167,565 |
| Life insurance loans | — |
| | — |
| | 2,524 |
| | 1,808 |
| | 1,495,460 |
| | 1,499,792 |
| PCI - life insurance loans (1) | — |
| | — |
| | — |
| | — |
| | 423,906 |
| | 423,906 |
| Consumer and other | 1,137 |
| | 105 |
| | 76 |
| | 1,010 |
| | 163,956 |
| | 166,284 |
| PCI - consumer and other (1) | — |
| | 181 |
| | — |
| | — |
| | 1,023 |
| | 1,204 |
| Total loans, net of unearned income, excluding covered loans | $ | 94,157 |
| | $ | 30,202 |
| | $ | 33,821 |
| | $ | 76,629 |
| | $ | 12,661,793 |
| | $ | 12,896,602 |
| Covered loans | 9,425 |
| | 56,282 |
| | 5,877 |
| | 7,937 |
| | 266,910 |
| | 346,431 |
| Total loans, net of unearned income | $ | 103,582 |
| | $ | 86,484 |
| | $ | 39,698 |
| | $ | 84,566 |
| | $ | 12,928,703 |
| | $ | 13,243,033 |
|
| | (1) | PCI loans represent loans acquired with evidence of credit quality deterioration since origination, in accordance with ASC 310-30. Loan agings are based upon contractually required payments. |
| | | | | | | | | | | | | | | | | | | | | | | | | As of June 30, 2013 | | | 90+ days and still accruing | | 60-89 days past due | | 30-59 days past due | | | | | (Dollars in thousands) | Nonaccrual | | | | | Current | | Total Loans | Loan Balances: | | | | | | | | | | | | Commercial | | | | | | | | | | | | Commercial and industrial | $ | 15,432 |
| | $ | — |
| | $ | 2,940 |
| | $ | 12,111 |
| | $ | 1,665,753 |
| | $ | 1,696,236 |
| Franchise | — |
| | — |
| | — |
| | 450 |
| | 201,790 |
| | 202,240 |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | 174,422 |
| | 174,422 |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | 83,003 |
| | 83,003 |
| Aircraft | — |
| | — |
| | — |
| | — |
| | 13,174 |
| | 13,174 |
| Asset-based lending | 1,816 |
| | 100 |
| | 2,305 |
| | 4,949 |
| | 676,531 |
| | 685,701 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | 151,492 |
| | 151,492 |
| Leases | — |
| | — |
| | — |
| | — |
| | 102,409 |
| | 102,409 |
| Other | — |
| | — |
| | — |
| | — |
| | 98 |
| | 98 |
| PCI - commercial (1) | — |
| | 190 |
| | — |
| | 1,632 |
| | 9,334 |
| | 11,156 |
| Total commercial | 17,248 |
| | 290 |
| | 5,245 |
| | 19,142 |
| | 3,078,006 |
| | 3,119,931 |
| Commercial real-estate: | | | | | | | | | | | | Residential construction | 2,659 |
| | 3,263 |
| | 379 |
| | — |
| | 32,998 |
| | 39,299 |
| Commercial construction | 7,857 |
| | — |
| | 1,271 |
| | 70 |
| | 128,845 |
| | 138,043 |
| Land | 5,742 |
| | — |
| | 330 |
| | 4,141 |
| | 106,640 |
| | 116,853 |
| Office | 6,324 |
| | — |
| | 4,210 |
| | 2,720 |
| | 584,503 |
| | 597,757 |
| Industrial | 5,773 |
| | — |
| | 4,597 |
| | 4,984 |
| | 600,147 |
| | 615,501 |
| Retail | 7,471 |
| | — |
| | 1,760 |
| | 2,031 |
| | 596,129 |
| | 607,391 |
| Multi-family | 3,337 |
| | — |
| | 401 |
| | 3,149 |
| | 526,681 |
| | 533,568 |
| Mixed use and other | 15,662 |
| | — |
| | 2,183 |
| | 10,379 |
| | 1,350,581 |
| | 1,378,805 |
| PCI - commercial real-estate (1) | — |
| | 6,466 |
| | 3,430 |
| | 6,226 |
| | 51,289 |
| | 67,411 |
| Total commercial real-estate | 54,825 |
| | 9,729 |
| | 18,561 |
| | 33,700 |
| | 3,977,813 |
| | 4,094,628 |
| Home equity | 12,322 |
| | 25 |
| | 2,085 |
| | 5,821 |
| | 738,007 |
| | 758,260 |
| Residential real estate | 10,213 |
| | — |
| | 1,896 |
| | 1,836 |
| | 368,696 |
| | 382,641 |
| PCI - residential real estate (1) | — |
| | — |
| | 46 |
| | 260 |
| | 2,014 |
| | 2,320 |
| Premium finance receivables | | | | | | | | | | | | Commercial insurance loans | 13,605 |
| | 6,671 |
| | 6,592 |
| | 11,386 |
| | 2,127,480 |
| | 2,165,734 |
| Life insurance loans | 16 |
| | 1,212 |
| | 7,896 |
| | — |
| | 1,337,573 |
| | 1,346,697 |
| PCI - life insurance loans (1) | — |
| | — |
| | — |
| | — |
| | 474,450 |
| | 474,450 |
| Consumer and other | 1,768 |
| | 217 |
| | 512 |
| | 584 |
| | 168,812 |
| | 171,893 |
| PCI - consumer and other (1) | — |
| | 28 |
| | — |
| | — |
| | 310 |
| | 338 |
| Total loans, net of unearned income, excluding covered loans | $ | 109,997 |
| | $ | 18,172 |
| | $ | 42,833 |
| | $ | 72,729 |
| | $ | 12,273,161 |
| | $ | 12,516,892 |
| Covered loans | 3,982 |
| | 97,000 |
| | 10,568 |
| | 4,852 |
| | 338,200 |
| | 454,602 |
| Total loans, net of unearned income | $ | 113,979 |
| | $ | 115,172 |
| | $ | 53,401 |
| | $ | 77,581 |
| | $ | 12,611,361 |
| | $ | 12,971,494 |
|
| | (1) | PCI loans represent loans acquired with evidence of credit quality deterioration since origination, in accordance with ASC 310-30. Loan agings are based upon contractually required payments. |
|
Summary Of Recorded Investment Based On Performance Of Loans By Class |
The following table presents the recorded investment based on performance of loans by class, excluding covered loans, per the most recent analysis at June 30, 2014, December 31, 2013 and June 30, 2013: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Performing | | Non-performing | | Total | (Dollars in thousands) | June 30, 2014 | | December 31, 2013 | | June 30, 2013 | | June 30, 2014 | | December 31, 2013 | | June 30, 2013 | | June 30, 2014 | | December 31, 2013 | | June 30, 2013 | Loan Balances: | | | | | | | | | | | | | | | | | | Commercial | | | | | | | | | | | | | | | | | | Commercial and industrial | $ | 2,006,264 |
| | $ | 1,826,063 |
| | $ | 1,680,804 |
| | $ | 6,216 |
| | $ | 10,143 |
| | $ | 15,432 |
| | $ | 2,012,480 |
| | $ | 1,836,206 |
| | $ | 1,696,236 |
| Franchise | 223,456 |
| | 220,383 |
| | 202,240 |
| | — |
| | — |
| | — |
| | 223,456 |
| | 220,383 |
| | 202,240 |
| Mortgage warehouse lines of credit | 148,211 |
| | 67,470 |
| | 174,422 |
| | — |
| | — |
| | — |
| | 148,211 |
| | 67,470 |
| | 174,422 |
| Community Advantage—homeowners association | 94,009 |
| | 90,894 |
| | 83,003 |
| | — |
| | — |
| | — |
| | 94,009 |
| | 90,894 |
| | 83,003 |
| Aircraft | 7,847 |
| | 10,241 |
| | 13,174 |
| | — |
| | — |
| | — |
| | 7,847 |
| | 10,241 |
| | 13,174 |
| Asset-based lending | 778,049 |
| | 734,456 |
| | 683,785 |
| | 295 |
| | 637 |
| | 1,916 |
| | 778,344 |
| | 735,093 |
| | 685,701 |
| Tax exempt | 208,913 |
| | 161,239 |
| | 151,492 |
| | — |
| | — |
| | — |
| | 208,913 |
| | 161,239 |
| | 151,492 |
| Leases | 144,435 |
| | 109,831 |
| | 102,409 |
| | — |
| | — |
| | — |
| | 144,435 |
| | 109,831 |
| | 102,409 |
| Other | 9,792 |
| | 11,147 |
| | 98 |
| | — |
| | — |
| | — |
| | 9,792 |
| | 11,147 |
| | 98 |
| PCI - commercial (1) | 12,943 |
| | 11,183 |
| | 11,156 |
| | — |
| | — |
| | — |
| | 12,943 |
| | 11,183 |
| | 11,156 |
| Total commercial | 3,633,919 |
| | 3,242,907 |
| | 3,102,583 |
| | 6,511 |
| | 10,780 |
| | 17,348 |
| | 3,640,430 |
| | 3,253,687 |
| | 3,119,931 |
| Commercial real-estate | | | | | | | | | | | | | | | | | | Residential construction | 29,959 |
| | 38,351 |
| | 33,377 |
| | — |
| | 149 |
| | 5,922 |
| | 29,959 |
| | 38,500 |
| | 39,299 |
| Commercial construction | 154,220 |
| | 129,737 |
| | 130,186 |
| | 839 |
| | 6,969 |
| | 7,857 |
| | 155,059 |
| | 136,706 |
| | 138,043 |
| Land | 103,560 |
| | 103,971 |
| | 111,111 |
| | 2,367 |
| | 2,814 |
| | 5,742 |
| | 105,927 |
| | 106,785 |
| | 116,853 |
| Office | 656,967 |
| | 632,154 |
| | 591,433 |
| | 10,950 |
| | 10,087 |
| | 6,324 |
| | 667,917 |
| | 642,241 |
| | 597,757 |
| Industrial | 612,543 |
| | 628,284 |
| | 609,728 |
| | 5,097 |
| | 5,654 |
| | 5,773 |
| | 617,640 |
| | 633,938 |
| | 615,501 |
| Retail | 690,186 |
| | 645,397 |
| | 599,920 |
| | 6,909 |
| | 10,862 |
| | 7,471 |
| | 697,095 |
| | 656,259 |
| | 607,391 |
| Multi-family | 635,480 |
| | 564,502 |
| | 530,231 |
| | 689 |
| | 2,035 |
| | 3,337 |
| | 636,169 |
| | 566,537 |
| | 533,568 |
| Mixed use and other | 1,368,660 |
| | 1,364,136 |
| | 1,363,143 |
| | 9,779 |
| | 8,318 |
| | 15,662 |
| | 1,378,439 |
| | 1,372,454 |
| | 1,378,805 |
| PCI - commercial real-estate(1) | 65,267 |
| | 76,615 |
| | 67,411 |
| | — |
| | — |
| | — |
| | 65,267 |
| | 76,615 |
| | 67,411 |
| Total commercial real-estate | 4,316,842 |
| | 4,183,147 |
| | 4,036,540 |
| | 36,630 |
| | 46,888 |
| | 58,088 |
| | 4,353,472 |
| | 4,230,035 |
| | 4,094,628 |
| Home equity | 707,838 |
| | 709,066 |
| | 745,913 |
| | 5,804 |
| | 10,071 |
| | 12,347 |
| | 713,642 |
| | 719,137 |
| | 758,260 |
| Residential real-estate | 433,829 |
| | 417,151 |
| | 372,428 |
| | 15,294 |
| | 14,974 |
| | 10,213 |
| | 449,123 |
| | 432,125 |
| | 382,641 |
| PCI - residential real-estate (1) | 2,782 |
| | 2,867 |
| | 2,320 |
| | — |
| | — |
| | — |
| | 2,782 |
| | 2,867 |
| | 2,320 |
| Premium finance receivables | | | | | | | | | | | | | | | | | | Commercial insurance loans | 2,355,956 |
| | 2,148,186 |
| | 2,145,458 |
| | 22,573 |
| | 19,379 |
| | 20,276 |
| | 2,378,529 |
| | 2,167,565 |
| | 2,165,734 |
| Life insurance loans | 1,641,236 |
| | 1,499,792 |
| | 1,345,469 |
| | 649 |
| | — |
| | 1,228 |
| | 1,641,885 |
| | 1,499,792 |
| | 1,346,697 |
| PCI - life insurance loans (1) | 409,760 |
| | 423,906 |
| | 474,450 |
| | — |
| | — |
| | — |
| | 409,760 |
| | 423,906 |
| | 474,450 |
| Consumer and other | 158,986 |
| | 165,042 |
| | 169,908 |
| | 1,189 |
| | 1,242 |
| | 1,985 |
| | 160,175 |
| | 166,284 |
| | 171,893 |
| PCI - consumer and other(1) | 198 |
| | 1,204 |
| | 338 |
| | — |
| | — |
| | — |
| | 198 |
| | 1,204 |
| | 338 |
| Total loans, net of unearned income, excluding covered loans | $ | 13,661,346 |
| | $ | 12,793,268 |
| | $ | 12,395,407 |
| | $ | 88,650 |
| | $ | 103,334 |
| | $ | 121,485 |
| | $ | 13,749,996 |
| | $ | 12,896,602 |
| | $ | 12,516,892 |
|
| | (1) | PCI loans represent loans acquired with evidence of credit quality deterioration since origination, in accordance with ASC 310-30. See Note 6 - Loans for further discussion of these purchased loans. |
|
Summary Of Activity In The Allowance For Credit Losses By Loan Portfolio |
A summary of activity in the allowance for credit losses by loan portfolio (excluding covered loans) for the three months ended June 30, 2014 and 2013 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2014 | | Commercial Real-estate | | Home Equity | | Residential Real-estate | | Premium Finance Receivable | | Consumer and Other | | Total, Excluding Covered Loans | (Dollars in thousands) | Commercial | | | | | | | Allowance for credit losses | | | | | | | | | | | | | | Allowance for loan losses at beginning of period | $ | 24,689 |
| | $ | 44,605 |
| | $ | 10,966 |
| | $ | 4,691 |
| | $ | 5,582 |
| | $ | 1,742 |
| | $ | 92,275 |
| Other adjustments | (22 | ) | | (96 | ) | | (1 | ) | | (2 | ) | | 16 |
| | — |
| | (105 | ) | Reclassification from (to) allowance for unfunded lending-related commitments | — |
| | (146 | ) | | — |
| | — |
| | — |
| | — |
| | (146 | ) | Charge-offs | (2,384 | ) | | (2,351 | ) | | (730 | ) | | (689 | ) | | (1,492 | ) | | (213 | ) | | (7,859 | ) | Recoveries | 270 |
| | 342 |
| | 122 |
| | 74 |
| | 314 |
| | 153 |
| | 1,275 |
| Provision for credit losses | 3,485 |
| | (1,652 | ) | | 3,561 |
| | (341 | ) | | 1,889 |
| | (129 | ) | | 6,813 |
| Allowance for loan losses at period end | $ | 26,038 |
| | $ | 40,702 |
| | $ | 13,918 |
| | $ | 3,733 |
| | $ | 6,309 |
| | $ | 1,553 |
| | $ | 92,253 |
| Allowance for unfunded lending-related commitments at period end | $ | — |
| | $ | 884 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 884 |
| Allowance for credit losses at period end | $ | 26,038 |
| | $ | 41,586 |
| | $ | 13,918 |
| | $ | 3,733 |
| | $ | 6,309 |
| | $ | 1,553 |
| | $ | 93,137 |
| Individually evaluated for impairment | $ | 1,927 |
| | $ | 7,237 |
| | $ | 636 |
| | $ | 484 |
| | $ | — |
| | $ | 102 |
| | $ | 10,386 |
| Collectively evaluated for impairment | 24,100 |
| | 34,349 |
| | 13,282 |
| | 3,196 |
| | 6,309 |
| | 1,451 |
| | 82,687 |
| Loans acquired with deteriorated credit quality | 11 |
| | — |
| | — |
| | 53 |
| | — |
| | — |
| | 64 |
| Loans at period end | | | | | | | | | | | | | | Individually evaluated for impairment | $ | 12,397 |
| | $ | 100,068 |
| | $ | 6,030 |
| | $ | 18,680 |
| | $ | — |
| | $ | 1,560 |
| | $ | 138,735 |
| Collectively evaluated for impairment | 3,615,090 |
| | 4,188,137 |
| | 707,612 |
| | 430,443 |
| | 4,020,414 |
| | 158,615 |
| | 13,120,311 |
| Loans acquired with deteriorated credit quality | 12,943 |
| | 65,267 |
| | — |
| | 2,782 |
| | 409,760 |
| | 198 |
| | 490,950 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2013 | | Commercial Real-estate | | Home Equity | | Residential Real-estate | | Premium Finance Receivable | | Consumer and Other | | Total, Excluding Covered Loans | (Dollars in thousands) | Commercial | | | | | | | Allowance for credit losses | | | | | | | | | | | | | | Allowance for loan losses at beginning of period | $ | 28,952 |
| | $ | 56,408 |
| | $ | 12,122 |
| | $ | 5,140 |
| | $ | 6,071 |
| | $ | 1,655 |
| | $ | 110,348 |
| Other adjustments | (1 | ) | | (211 | ) | | — |
| | (85 | ) | | (12 | ) | | — |
| | (309 | ) | Reclassification from (to) allowance for unfunded lending-related commitments | — |
| | 65 |
| | — |
| | — |
| | — |
| | — |
| | 65 |
| Charge-offs | (1,093 | ) | | (14,947 | ) | | (1,785 | ) | | (517 | ) | | (1,306 | ) | | (128 | ) | | (19,776 | ) | Recoveries | 268 |
| | 584 |
| | 171 |
| | 18 |
| | 279 |
| | 61 |
| | 1,381 |
| Provision for credit losses | 605 |
| | 10,057 |
| | 3,697 |
| | 269 |
| | 236 |
| | 269 |
| | 15,133 |
| Allowance for loan losses at period end | $ | 28,731 |
| | $ | 51,956 |
| | $ | 14,205 |
| | $ | 4,825 |
| | $ | 5,268 |
| | $ | 1,857 |
| | $ | 106,842 |
| Allowance for unfunded lending-related commitments at period end | $ | — |
| | $ | 3,563 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 3,563 |
| Allowance for credit losses at period end | $ | 28,731 |
| | $ | 55,519 |
| | $ | 14,205 |
| | $ | 4,825 |
| | $ | 5,268 |
| | $ | 1,857 |
| | $ | 110,405 |
| Individually evaluated for impairment | $ | 5,587 |
| | $ | 7,411 |
| | $ | 1,060 |
| | $ | 606 |
| | $ | — |
| | $ | 218 |
| | $ | 14,882 |
| Collectively evaluated for impairment | 23,066 |
| | 47,994 |
| | 13,145 |
| | 4,209 |
| | 5,268 |
| | 1,639 |
| | 95,321 |
| Loans acquired with deteriorated credit quality | 78 |
| | 114 |
| | — |
| | 10 |
| | — |
| | — |
| | 202 |
| Loans at period end | | | | | | | | | | | | | | Individually evaluated for impairment | $ | 25,495 |
| | $ | 139,920 |
| | $ | 13,488 |
| | $ | 13,629 |
| | $ | — |
| | $ | 1,838 |
| | $ | 194,370 |
| Collectively evaluated for impairment | 3,083,280 |
| | 3,887,297 |
| | 744,772 |
| | 369,012 |
| | 3,512,431 |
| | 170,055 |
| | 11,766,847 |
| Loans acquired with deteriorated credit quality | 11,156 |
| | 67,411 |
| | — |
| | 2,320 |
| | 474,450 |
| | 338 |
| | 555,675 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2014 | | Commercial Real-estate | | Home Equity | | Residential Real-estate | | Premium Finance Receivable | | Consumer and Other | | Total, Excluding Covered Loans | (Dollars in thousands) | Commercial | | | | | | | Allowance for credit losses | | | | | | | | | | | | | | Allowance for loan losses at beginning of period | $ | 23,092 |
| | $ | 48,658 |
| | $ | 12,611 |
| | $ | 5,108 |
| | $ | 5,583 |
| | $ | 1,870 |
| | $ | 96,922 |
| Other adjustments | (37 | ) | | (217 | ) | | (2 | ) | | (4 | ) | | 7 |
| | — |
| | (253 | ) | Reclassification from (to) allowance for unfunded lending-related commitments | — |
| | (164 | ) | | — |
| | — |
| | — |
| | — |
| | (164 | ) | Charge-offs | (3,032 | ) | | (6,844 | ) | | (2,997 | ) | | (915 | ) | | (2,702 | ) | | (386 | ) | | (16,876 | ) | Recoveries | 587 |
| | 487 |
| | 379 |
| | 205 |
| | 635 |
| | 214 |
| | 2,507 |
| Provision for credit losses | 5,428 |
| | (1,218 | ) | | 3,927 |
| | (661 | ) | | 2,786 |
| | (145 | ) | | 10,117 |
| Allowance for loan losses at period end | $ | 26,038 |
| | $ | 40,702 |
| | $ | 13,918 |
| | $ | 3,733 |
| | $ | 6,309 |
| | $ | 1,553 |
| | $ | 92,253 |
| Allowance for unfunded lending-related commitments at period end | $ | — |
| | $ | 884 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 884 |
| Allowance for credit losses at period end | $ | 26,038 |
| | $ | 41,586 |
| | $ | 13,918 |
| | $ | 3,733 |
| | $ | 6,309 |
| | $ | 1,553 |
| | $ | 93,137 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2013 | | Commercial Real-estate | | Home Equity | | Residential Real-estate | | Premium Finance Receivable | | Consumer and Other | | Total, Excluding Covered Loans | (Dollars in thousands) | Commercial | | | | | | | Allowance for credit losses | | | | | | | | | | | | | | Allowance for loan losses at beginning of period | $ | 28,794 |
| | $ | 52,135 |
| | $ | 12,734 |
| | $ | 5,560 |
| | $ | 6,096 |
| | $ | 2,032 |
| | $ | 107,351 |
| Other adjustments | (4 | ) | | (428 | ) | | — |
| | (94 | ) | | (12 | ) | | — |
| | (538 | ) | Reclassification from (to) allowance for unfunded lending-related commitments | — |
| | (148 | ) | | — |
| | — |
| | — |
| | — |
| | (148 | ) | Charge-offs | (5,633 | ) | | (18,246 | ) | | (4,182 | ) | | (2,245 | ) | | (2,374 | ) | | (257 | ) | | (32,937 | ) | Recoveries | 563 |
| | 952 |
| | 333 |
| | 23 |
| | 573 |
| | 170 |
| | 2,614 |
| Provision for credit losses | 5,011 |
| | 17,691 |
| | 5,320 |
| | 1,581 |
| | 985 |
| | (88 | ) | | 30,500 |
| Allowance for loan losses at period end | $ | 28,731 |
| | $ | 51,956 |
| | $ | 14,205 |
| | $ | 4,825 |
| | $ | 5,268 |
| | $ | 1,857 |
| | $ | 106,842 |
| Allowance for unfunded lending-related commitments at period end | $ | — |
| | $ | 3,563 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 3,563 |
| Allowance for credit losses at period end | $ | 28,731 |
| | $ | 55,519 |
| | $ | 14,205 |
| | $ | 4,825 |
| | $ | 5,268 |
| | $ | 1,857 |
| | $ | 110,405 |
|
|
Summary Of Activity In The Allowance For Covered Loan Losses |
A summary of activity in the allowance for covered loan losses for the three months ended June 30, 2014 and 2013 is as follows: | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, | | June 30, | | June 30, | | June 30, | (Dollars in thousands) | 2014 | | 2013 | | 2014 | | 2013 | Balance at beginning of period | $ | 3,447 |
| | $ | 12,272 |
| | $ | 10,092 |
| | $ | 13,454 |
| Provision for covered loan losses before benefit attributable to FDIC loss share agreements | (764 | ) | | 1,246 |
| | (7,885 | ) | | 2,846 |
| Benefit attributable to FDIC loss share agreements | 611 |
| | (997 | ) | | 6,308 |
| | (2,277 | ) | Net provision for covered loan losses | (153 | ) | | 249 |
| | (1,577 | ) | | 569 |
| (Decrease) increase in FDIC indemnification asset | (611 | ) | | 997 |
| | (6,308 | ) | | 2,277 |
| Loans charged-off | (2,189 | ) | | (2,266 | ) | | (5,053 | ) | | (5,057 | ) | Recoveries of loans charged-off | 1,173 |
| | 3,177 |
| | 4,513 |
| | 3,186 |
| Net recoveries (charge-offs) | (1,016 | ) | | 911 |
| | (540 | ) | | (1,871 | ) | Balance at end of period | $ | 1,667 |
| | $ | 14,429 |
| | $ | 1,667 |
| | $ | 14,429 |
|
|
Summary Of Impaired Loans, Including Restructured Loans |
A summary of impaired loans, including troubled debt restructurings ("TDRs"), is as follows: | | | | | | | | | | | | | | June 30, | | December 31, | | June 30, | (Dollars in thousands) | 2014 | | 2013 | | 2013 | Impaired loans (included in non-performing and TDRs): | | | | | | Impaired loans with an allowance for loan loss required (1) | $ | 91,511 |
| | $ | 92,184 |
| | $ | 96,519 |
| Impaired loans with no allowance for loan loss required | 45,734 |
| | 70,045 |
| | 93,629 |
| Total impaired loans (2) | $ | 137,245 |
| | $ | 162,229 |
| | $ | 190,148 |
| Allowance for loan losses related to impaired loans | $ | 10,298 |
| | $ | 8,265 |
| | $ | 11,839 |
| TDRs | $ | 88,107 |
| | $ | 107,103 |
| | $ | 126,196 |
|
| | (1) | These impaired loans require an allowance for loan losses because the estimated fair value of the loans or related collateral is less than the recorded investment in the loans. |
| | (2) | Impaired loans are considered by the Company to be non-accrual loans, TDRs or loans with principal and/or interest at risk, even if the loan is current with all payments of principal and interest. |
|
Summary Of Impaired Loans Evaluated For Impairment By Loan Class |
The following tables present impaired loans evaluated for impairment by loan class for the periods ended as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Six Months Ended | | As of June 30, 2014 | | June 30, 2014 | | Recorded Investment | | Unpaid Principal Balance | | Related Allowance | | Average Recorded Investment | | Interest Income Recognized | (Dollars in thousands) | | | | | Impaired loans with a related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 7,220 |
| | $ | 10,152 |
| | $ | 1,631 |
| | $ | 8,332 |
| | $ | 339 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 270 |
| | 290 |
| | 270 |
| | 275 |
| | 7 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | — |
| | — |
| | — |
| | — |
| | — |
| Commercial construction | 2,146 |
| | 2,156 |
| | 128 |
| | 2,150 |
| | 44 |
| Land | 11,687 |
| | 15,538 |
| | 363 |
| | 11,876 |
| | 378 |
| Office | 14,403 |
| | 15,159 |
| | 2,664 |
| | 14,517 |
| | 335 |
| Industrial | 3,349 |
| | 3,455 |
| | 227 |
| | 3,372 |
| | 76 |
| Retail | 14,320 |
| | 14,733 |
| | 1,590 |
| | 14,343 |
| | 304 |
| Multi-family | 2,835 |
| | 3,349 |
| | 119 |
| | 2,857 |
| | 73 |
| Mixed use and other | 27,418 |
| | 27,565 |
| | 2,111 |
| | 28,474 |
| | 551 |
| Home equity | 1,562 |
| | 1,616 |
| | 636 |
| | 1,567 |
| | 30 |
| Residential real-estate | 5,997 |
| | 6,372 |
| | 457 |
| | 5,914 |
| | 140 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| PCI - life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 304 |
| | 364 |
| | 102 |
| | 308 |
| | 8 |
| Impaired loans with no related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 4,222 |
| | $ | 8,666 |
| | $ | — |
| | $ | 4,591 |
| | $ | 219 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 25 |
| | 1,952 |
| | — |
| | 150 |
| | 50 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | — |
| | — |
| | — |
| | — |
| | — |
| Commercial construction | 1,031 |
| | 1,031 |
| | — |
| | 1,051 |
| | 23 |
| Land | 3,917 |
| | 4,958 |
| | — |
| | 5,657 |
| | 131 |
| Office | 2,598 |
| | 2,599 |
| | — |
| | 2,605 |
| | 73 |
| Industrial | 3,603 |
| | 3,839 |
| | — |
| | 3,155 |
| | 95 |
| Retail | 6,422 |
| | 7,813 |
| | — |
| | 6,456 |
| | 188 |
| Multi-family | 440 |
| | 966 |
| | — |
| | 497 |
| | 22 |
| Mixed use and other | 5,330 |
| | 7,842 |
| | — |
| | 5,875 |
| | 218 |
| Home equity | 4,468 |
| | 6,553 |
| | — |
| | 4,842 |
| | 138 |
| Residential real-estate | 12,422 |
| | 15,538 |
| | — |
| | 12,836 |
| | 295 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| PCI - life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 1,256 |
| | 1,775 |
| | — |
| | 1,260 |
| | 53 |
| Total loans, net of unearned income, excluding covered loans | $ | 137,245 |
| | $ | 164,281 |
| | $ | 10,298 |
| | $ | 142,960 |
| | $ | 3,790 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Twelve Months Ended | | As of December 31, 2013 | | December 31, 2013 | | Recorded Investment | | Unpaid Principal Balance | | Related Allowance | | Average Recorded Investment | | Interest Income Recognized | (Dollars in thousands) | | | | | Impaired loans with a related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 6,297 |
| | $ | 7,001 |
| | $ | 1,078 |
| | $ | 6,611 |
| | $ | 354 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 282 |
| | 294 |
| | 282 |
| | 295 |
| | 14 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | — |
| | — |
| | — |
| | — |
| | — |
| Commercial construction | 3,099 |
| | 3,099 |
| | 18 |
| | 3,098 |
| | 115 |
| Land | 10,518 |
| | 11,871 |
| | 259 |
| | 10,323 |
| | 411 |
| Office | 7,792 |
| | 8,444 |
| | 1,253 |
| | 8,148 |
| | 333 |
| Industrial | 3,385 |
| | 3,506 |
| | 193 |
| | 3,638 |
| | 179 |
| Retail | 17,511 |
| | 17,638 |
| | 1,253 |
| | 17,678 |
| | 724 |
| Multi-family | 3,237 |
| | 3,730 |
| | 235 |
| | 2,248 |
| | 139 |
| Mixed use and other | 28,935 |
| | 29,051 |
| | 1,366 |
| | 26,792 |
| | 1,194 |
| Home equity | 3,985 |
| | 5,238 |
| | 1,593 |
| | 4,855 |
| | 236 |
| Residential real-estate | 6,876 |
| | 7,023 |
| | 626 |
| | 6,335 |
| | 273 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Purchased life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 267 |
| | 269 |
| | 109 |
| | 273 |
| | 11 |
| Impaired loans with no related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 9,890 |
| | $ | 16,333 |
| | $ | — |
| | $ | 13,928 |
| | $ | 1,043 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 354 |
| | 2,311 |
| | — |
| | 2,162 |
| | 121 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | 1,463 |
| | 1,530 |
| | — |
| | 1,609 |
| | 64 |
| Commercial construction | 7,710 |
| | 13,227 |
| | — |
| | 9,680 |
| | 722 |
| Land | 5,035 |
| | 8,813 |
| | — |
| | 5,384 |
| | 418 |
| Office | 10,379 |
| | 11,717 |
| | — |
| | 10,925 |
| | 610 |
| Industrial | 5,087 |
| | 5,267 |
| | — |
| | 5,160 |
| | 328 |
| Retail | 7,047 |
| | 8,610 |
| | — |
| | 8,462 |
| | 400 |
| Multi-family | 608 |
| | 1,030 |
| | — |
| | 903 |
| | 47 |
| Mixed use and other | 4,077 |
| | 6,213 |
| | — |
| | 5,046 |
| | 352 |
| Home equity | 6,312 |
| | 7,790 |
| | — |
| | 6,307 |
| | 324 |
| Residential real-estate | 10,761 |
| | 13,585 |
| | — |
| | 9,443 |
| | 393 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Purchased life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 1,322 |
| | 1,865 |
| | — |
| | 1,355 |
| | 115 |
| Total loans, net of unearned income, excluding covered loans | $ | 162,229 |
| | $ | 195,455 |
| | $ | 8,265 |
| | $ | 170,658 |
| | $ | 8,920 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Six Months Ended | | As of June 30, 2013 | | June 30, 2013 | | Recorded Investment | | Unpaid Principal Balance | | Related Allowance | | Average Recorded Investment | | Interest Income Recognized | (Dollars in thousands) | | | | | Impaired loans with a related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 11,720 |
| | $ | 13,429 |
| | $ | 4,561 |
| | $ | 12,131 |
| | $ | 434 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 1,803 |
| | 1,810 |
| | 988 |
| | 1,721 |
| | 46 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | 1,528 |
| | 1,615 |
| | 403 |
| | 1,547 |
| | 33 |
| Commercial construction | 10,591 |
| | 10,591 |
| | 67 |
| | 10,853 |
| | 207 |
| Land | 8,713 |
| | 8,894 |
| | 173 |
| | 7,281 |
| | 117 |
| Office | 9,306 |
| | 9,411 |
| | 685 |
| | 9,385 |
| | 170 |
| Industrial | 4,165 |
| | 5,226 |
| | 203 |
| | 5,047 |
| | 159 |
| Retail | 12,730 |
| | 12,730 |
| | 152 |
| | 12,675 |
| | 254 |
| Multi-family | 4,712 |
| | 5,173 |
| | 1,068 |
| | 4,824 |
| | 112 |
| Mixed use and other | 23,996 |
| | 24,940 |
| | 1,686 |
| | 21,742 |
| | 499 |
| Home equity | 3,454 |
| | 4,857 |
| | 1,060 |
| | 4,183 |
| | 87 |
| Residential real-estate | 3,155 |
| | 3,666 |
| | 575 |
| | 2,905 |
| | 62 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Purchased life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 646 |
| | 648 |
| | 218 |
| | 650 |
| | 17 |
| Impaired loans with no related ASC 310 allowance recorded | | | | | | | | | | Commercial | | | | | | | | | | Commercial and industrial | $ | 11,028 |
| | $ | 14,384 |
| | $ | — |
| | $ | 12,155 |
| | $ | 393 |
| Franchise | — |
| | — |
| | — |
| | — |
| | — |
| Mortgage warehouse lines of credit | — |
| | — |
| | — |
| | — |
| | — |
| Community Advantage—homeowners association | — |
| | — |
| | — |
| | — |
| | — |
| Aircraft | — |
| | — |
| | — |
| | — |
| | — |
| Asset-based lending | 12 |
| | 1,352 |
| | — |
| | 19 |
| | 36 |
| Tax exempt | — |
| | — |
| | — |
| | — |
| | — |
| Leases | — |
| | — |
| | — |
| | — |
| | — |
| Other | — |
| | — |
| | — |
| | — |
| | — |
| Commercial real-estate | | | | | | | | | | Residential construction | 4,100 |
| | 4,481 |
| | — |
| | 3,782 |
| | 81 |
| Commercial construction | 8,377 |
| | 13,410 |
| | — |
| | 11,508 |
| | 357 |
| Land | 8,195 |
| | 13,910 |
| | — |
| | 9,791 |
| | 331 |
| Office | 7,442 |
| | 9,171 |
| | — |
| | 8,581 |
| | 237 |
| Industrial | 5,178 |
| | 5,321 |
| | — |
| | 5,234 |
| | 141 |
| Retail | 16,114 |
| | 17,374 |
| | — |
| | 15,512 |
| | 406 |
| Multi-family | 894 |
| | 3,009 |
| | — |
| | 1,235 |
| | 74 |
| Mixed use and other | 10,856 |
| | 13,464 |
| | — |
| | 9,623 |
| | 293 |
| Home equity | 10,034 |
| | 11,734 |
| | — |
| | 10,012 |
| | 235 |
| Residential real-estate | 10,207 |
| | 10,860 |
| | — |
| | 10,632 |
| | 211 |
| Premium finance receivables | | | | | | | | | | Commercial insurance | — |
| | — |
| | — |
| | — |
| | — |
| Life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Purchased life insurance | — |
| | — |
| | — |
| | — |
| | — |
| Consumer and other | 1,192 |
| | 1,736 |
| | — |
| | 1,221 |
| | 52 |
| Total loans, net of unearned income, excluding covered loans | $ | 190,148 |
| | $ | 223,196 |
| | $ | 11,839 |
| | $ | 194,249 |
| | $ | 5,044 |
|
|
Summary Of The Post-Modificatiopn Balance Of Loans Restructured |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2014
(Dollars in thousands) | | Total (1)(2) | | Extension at Below Market Terms (2) | | Reduction of Interest Rate (2) | | Modification to Interest-only Payments (2) | | Forgiveness of Debt(2) | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | 1 |
| | $ | 88 |
| | 1 |
| | $ | 88 |
| | — |
| | $ | — |
| | 1 |
| | $ | 88 |
| | — |
| | $ | — |
| Commercial real-estate | | | | | | | | | | | | | | | | | | | | | Commercial construction | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Land | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Office | | 1 |
| | 790 |
| | 1 |
| | 790 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Industrial | | 1 |
| | 1,078 |
| | 1 |
| | 1,078 |
| | — |
| | — |
| | 1 |
| | 1,078 |
| | — |
| | — |
| Retail | | 1 |
| | 202 |
| | 1 |
| | 202 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Multi-family | | 1 |
| | 181 |
| | — |
| | — |
| | 1 |
| | 181 |
| | — |
| | — |
| | — |
| | — |
| Mixed use and other | | 7 |
| | 4,926 |
| | 3 |
| | 2,837 |
| | 7 |
| | 4,926 |
| | 1 |
| | 1,273 |
| | — |
| | — |
| Residential real estate and other | | 1 |
| | 220 |
| | 1 |
| | 220 |
| | — |
| | — |
| | 1 |
| | 220 |
| | — |
| | — |
| Total loans | | 13 |
| | $ | 7,485 |
| | 8 |
| | $ | 5,215 |
| | 8 |
| | $ | 5,107 |
| | 4 |
| | $ | 2,659 |
| | — |
| | $ | — |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2013
(Dollars in thousands) | | Total (1)(2) | | Extension at Below Market Terms (2) | | Reduction of Interest Rate (2) | | Modification to Interest-only Payments (2) | | Forgiveness of Debt(2) | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | 6 |
| | $ | 708 |
| | 5 |
| | $ | 573 |
| | 4 |
| | $ | 553 |
| | 2 |
| | $ | 185 |
| | — |
| | $ | — |
| Commercial real-estate | |
| |
| |
| |
| |
| |
| |
| |
| |
| |
| Commercial construction | | 3 |
| | 6,120 |
| | 3 |
| | 6,120 |
| | — |
| | — |
| | 3 |
| | 6,120 |
| | — |
| | — |
| Land | | 2 |
| | 287 |
| | 2 |
| | 287 |
| | 2 |
| | 287 |
| | — |
| | — |
| | 1 |
| | 73 |
| Office | | 3 |
| | 3,465 |
| | 3 |
| | 3,465 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Industrial | | 1 |
| | 949 |
| | 1 |
| | 949 |
| | 1 |
| | 949 |
| | — |
| | — |
| | — |
| | — |
| Retail | | 1 |
| | 200 |
| | 1 |
| | 200 |
| | 1 |
| | 200 |
| | — |
| | — |
| | — |
| | — |
| Multi-family | | 1 |
| | 705 |
| | 1 |
| | 705 |
| | 1 |
| | 705 |
| | — |
| | — |
| | — |
| | — |
| Mixed use and other | | 2 |
| | 3,533 |
| | 2 |
| | 3,533 |
| | 2 |
| | 3,533 |
| | — |
| | — |
| | — |
| | — |
| Residential real estate and other | | 7 |
| | 778 |
| | 3 |
| | 95 |
| | 6 |
| | 762 |
| | 2 |
| | 234 |
| | — |
| | — |
| Total loans | | 26 |
| | $ | 16,745 |
| | 21 |
| | $ | 15,927 |
| | 17 |
| | $ | 6,989 |
| | 7 |
| | $ | 6,539 |
| | 1 |
| | $ | 73 |
|
| | (1) | TDRs may have more than one modification representing a concession. As such, TDRs during the period may be represented in more than one of the categories noted above. |
| | (2) | Balances represent the recorded investment in the loan at the time of the restructuring. |
The tables below present a summary of the post-modification balance of loans restructured during the three months ended June 30, 2014 and 2013, respectively, which represent TDRs: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2014
(Dollars in thousands) | | Total (1)(2) | | Extension at Below Market Terms (2) | | Reduction of Interest Rate (2) | | Modification to Interest-only Payments (2) | | Forgiveness of Debt(2) | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| Commercial real-estate | | | | | | | | | | | | | | | | | | | | | Commercial construction | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Land | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Office | | 1 |
| | 790 |
| | 1 |
| | 790 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Industrial | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Retail | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Multi-family | | 1 |
| | 181 |
| | — |
| | — |
| | 1 |
| | 181 |
| | — |
| | — |
| | — |
| | — |
| Mixed use and other | | 4 |
| | 1,049 |
| | 1 |
| | 233 |
| | 4 |
| | 1,049 |
| | — |
| | — |
| | — |
| | — |
| Residential real estate and other | | 1 |
| | 220 |
| | 1 |
| | 220 |
| | — |
| | — |
| | 1 |
| | 220 |
| | — |
| | — |
| Total loans | | 7 |
| | $ | 2,240 |
| | 3 |
| | $ | 1,243 |
| | 5 |
| | $ | 1,230 |
| | 1 |
| | $ | 220 |
| | — |
| | $ | — |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2013
(Dollars in thousands) | | Total (1)(2) | | Extension at Below Market Terms (2) | | Reduction of Interest Rate (2) | | Modification to Interest-only Payments (2) | | Forgiveness of Debt(2) | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| | — |
| | $ | — |
| Commercial real-estate | | | | | | | | | | | | | | | | | | | | | Commercial construction | | 3 |
| | 6,120 |
| | 3 |
| | 6,120 |
| | — |
| | — |
| | 3 |
| | 6,120 |
| | — |
| | — |
| Land | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Office | | 3 |
| | 3,465 |
| | 3 |
| | 3,465 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Industrial | | 1 |
| | 949 |
| | 1 |
| | 949 |
| | 1 |
| | 949 |
| | — |
| | — |
| | — |
| | — |
| Retail | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Multi-family | | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Mixed use and other | | 2 |
| | 3,533 |
| | 2 |
| | 3,533 |
| | 2 |
| | 3,533 |
| | — |
| | — |
| | — |
| | — |
| Residential real estate and other | | 3 |
| | 401 |
| | 1 |
| | 25 |
| | 3 |
| | 401 |
| | 1 |
| | 111 |
| | — |
| | — |
| Total loans | | 12 |
| | $ | 14,468 |
| | 10 |
| | $ | 14,092 |
| | 6 |
| | $ | 4,883 |
| | 4 |
| | $ | 6,231 |
| | — |
| | $ | — |
|
| | (1) | TDRs may have more than one modification representing a concession. As such, TDRs during the period may be represented in more than one of the categories noted above. |
| | (2) | Balances represent the recorded investment in the loan at the time of the restructuring. |
|
Summary Of Loans Restuctured And Subsequently Defaulted Under The Restructured Terms |
The following table presents a summary of all loans restructured in TDRs during the twelve months ended June 30, 2014 and 2013, and such loans which were in payment default under the restructured terms during the respective periods below:
| | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | As of June 30, 2014 | | Three Months Ended June 30, 2014 | | Six Months Ended June 30, 2014 | Total (1)(3) | | Payments in Default (2)(3) | | Payments in Default (2)(3) | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | Commercial and industrial | 1 |
| | $ | 88 |
| | — |
| | $ | — |
| | — |
| | $ | — |
| Commercial real-estate | | | | | | | | | | | | Residential construction | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Commercial construction | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Land | 1 |
| | 2,352 |
| | 1 |
| | 2,352 |
| | 1 |
| | 2,352 |
| Office | 2 |
| | 1,345 |
| | — |
| | — |
| | — |
| | — |
| Industrial | 1 |
| | 1,078 |
| | 1 |
| | 1,078 |
| | 1 |
| | 1,078 |
| Retail | 1 |
| | 202 |
| | — |
| | — |
| | — |
| | — |
| Multi-family | 1 |
| | 181 |
| | — |
| | — |
| | — |
| | — |
| Mixed use and other | 11 |
| | 6,436 |
| | 3 |
| | 577 |
| | 3 |
| | 577 |
| Residential real estate and other | 4 |
| | 1,738 |
| | 1 |
| | 169 |
| | 1 |
| | 169 |
| Total loans | 22 |
| | $ | 13,420 |
| | 6 |
| | $ | 4,176 |
| | 6 |
| | $ | 4,176 |
|
| | (1) | Total TDRs represent all loans restructured in TDRs during the previous twelve months from the date indicated. |
| | (2) | TDRs considered to be in payment default are over 30 days past-due subsequent to the restructuring. |
| | (3) | Balances represent the recorded investment in the loan at the time of the restructuring. |
| | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | As of June 30, 2013 | | Three Months Ended June 30, 2013 | | Six Months Ended June 30, 2013 | Total (1)(3) | | Payments in Default (2)(3) | | Payments in Default (2)(3) | Count | | Balance | | Count | | Balance | | Count | | Balance | Commercial | | | | | | | | | | | | Commercial and industrial | 11 |
| | $ | 2,136 |
| | 3 |
| | $ | 236 |
| | 3 |
| | $ | 236 |
| Commercial real-estate | | | | | | | | | | | | Residential construction | 1 |
| | 496 |
| | — |
| | — |
| | — |
| | — |
| Commercial construction | 3 |
| | 6,120 |
| | — |
| | — |
| | — |
| | — |
| Land | 2 |
| | 287 |
| | — |
| | — |
| | — |
| | — |
| Office | 3 |
| | 3,465 |
| | 1 |
| | 1,648 |
| | 1 |
| | 1,648 |
| Industrial | 2 |
| | 1,676 |
| | 1 |
| | 727 |
| | 1 |
| | 727 |
| Retail | 4 |
| | 5,085 |
| | — |
| | — |
| | — |
| | — |
| Multi-family | 2 |
| | 1,085 |
| | 1 |
| | 705 |
| | 1 |
| | 705 |
| Mixed use and other | 11 |
| | 7,230 |
| | 3 |
| | 683 |
| | 3 |
| | 683 |
| Residential real estate and other | 12 |
| | 1,341 |
| | 5 |
| | 563 |
| | 5 |
| | 563 |
| Total loans | 51 |
| | $ | 28,921 |
| | 14 |
| | $ | 4,562 |
| | 14 |
| | $ | 4,562 |
|
| | (1) | Total TDRs represent all loans restructured in TDRs during the previous twelve months from the date indicated. |
| | (2) | TDRs considered to be in payment default are over 30 days past-due subsequent to the restructuring. |
| | (3) | Balances represent the recorded investment in the loan at the time of the restructuring. |
|