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Loans (Tables)
 9 Months Ended
Sep. 30, 2018
Loans and Leases Receivable Disclosure [Abstract]  
Summary of Loan Portfolio
The following table shows the Company’s loan portfolio by category as of the dates shown:
 
September 30,
 
December 31,
 
September 30,
(Dollars in thousands)
2018
 
2017
 
2017
Balance:
 
 
 
 
 
Commercial
$
7,473,958

 
$
6,787,677

 
$
6,456,034

Commercial real estate
6,746,774

 
6,580,618

 
6,400,781

Home equity
578,844

 
663,045

 
672,969

Residential real estate
924,250

 
832,120

 
789,499

Premium finance receivables—commercial
2,885,327

 
2,634,565

 
2,664,912

Premium finance receivables—life insurance
4,398,971

 
4,035,059

 
3,795,474

Consumer and other
115,827

 
107,713

 
133,112

Total loans, net of unearned income, excluding covered loans
$
23,123,951

 
$
21,640,797

 
$
20,912,781

Covered loans
—

 
—

 
46,601

Total loans
$
23,123,951

 
$
21,640,797

 
$
20,959,382

Mix:
 
 
 
 
 
Commercial
32
%
 
31
%
 
31
%
Commercial real estate
29

 
30

 
31

Home equity
3

 
3

 
3

Residential real estate
4

 
4

 
3

Premium finance receivables—commercial
12

 
12

 
13

Premium finance receivables—life insurance
19

 
19

 
18

Consumer and other
1

 
1

 
1

Total loans, net of unearned income, excluding covered loans
100
%
 
100
%
 
100
%
Covered loans
—

 
—

 
—

Total loans
100
%
 
100
%
 
100
%
Schedule of Unpaid Principal Balance and Carrying Value of Acquired Loans
The following table presents the unpaid principal balance and carrying value for these acquired loans:
 
 
September 30, 2018
 
December 31, 2017
 
(Dollars in thousands)
Unpaid
Principal
Balance
 
Carrying
Value
 
Unpaid
Principal
Balance
 
Carrying
Value
 
 
PCI loans
$
325,019

 
$
304,726

 
$
375,237

 
$
350,690
Schedule of Loans Acquired with Deteriorated Credit Quality
The following table provides estimated details as of the date of acquisition on loans acquired in 2018 with evidence of credit quality deterioration since origination:
(Dollars in thousands)
Delaware Place Bank
Contractually required payments including interest
$
13,367

Less: Nonaccretable difference
1,197

   Cash flows expected to be collected (1)  
$
12,170

Less: Accretable yield
2,321

    Fair value of PCI loans acquired
$
9,849

(1) Represents undiscounted expected principal and interest cash at acquisition.
Activity Related to Accretable Yield of PCI Loans
The following table provides activity for the accretable yield of PCI loans:

Three Months Ended
 
Nine Months Ended
(Dollars in thousands)
September 30,
2018

September 30,
2017

September 30,
2018
 
September 30,
2017
Accretable yield, beginning balance
$
34,347

 
$
45,510

 
$
36,565

 
$
49,408

Acquisitions
2,321

 
—

 
2,321

 
426

Accretable yield amortized to interest income
(4,144
)
 
(5,025
)
 
(12,915
)
 
(16,101
)
Accretable yield amortized to indemnification asset/liability (1)
—

 
(371
)
 
—

 
(1,086
)
Reclassification from non-accretable difference (2)
1,734

 
1,017

 
4,596

 
7,106

Increases in interest cash flows due to payments and changes in interest rates
(1,093
)
 
(875
)
 
2,598

 
503

Accretable yield, ending balance
$
33,165

 
$
40,256

 
$
33,165

 
$
40,256


(1)
Represents the portion of the current period accreted yield, resulting from lower expected losses, applied to reduce the loss share indemnification asset or increase the loss share indemnification liability.
(2)
Reclassification is the result of subsequent increases in expected principal cash flows.