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Loans and Leases (Tables)
 12 Months Ended
Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule Of Composition of Loans Portfolio
The following table summarizes the composition of our loan and lease portfolio as of the dates indicated:
 
December 31, 2014
 
December 31, 2013
 
Non-PCI
 
 
 
 
 
Non-PCI
 
 
 
 
 
Loans
 
PCI
 
 
 
Loans
 
PCI
 
 
 
and Leases
 
Loans
 
Total
 
and Leases
 
Loans
 
Total
 
(In thousands)
Real estate mortgage
$
5,350,827

 
$
256,489

 
$
5,607,316

 
$
2,424,864

 
$
371,134

 
$
2,795,998

Real estate construction
309,162

 
6,924

 
316,086

 
209,090

 
10,427

 
219,517

Commercial
5,852,420

 
27,155

 
5,879,575

 
1,241,776

 
974

 
1,242,750

Consumer
101,423

 
284

 
101,707

 
54,809

 
261

 
55,070

Total gross loans and leases
11,613,832

 
290,852

 
11,904,684

 
3,930,539

 
382,796

 
4,313,335

Deferred fees and costs
(22,191
)
 
(61
)
 
(22,252
)
 
(983
)
 
—

 
(983
)
Total loans and leases, net of unearned income
11,591,641

 
290,791

 
11,882,432

 
3,929,556

 
382,796

 
4,312,352

Allowance for loan and lease losses
(70,456
)
 
(13,999
)
 
(84,455
)
 
(60,241
)
 
(21,793
)
 
(82,034
)
Total net loans and leases
$
11,521,185

 
$
276,792

 
$
11,797,977

 
$
3,869,315

 
$
361,003

 
$
4,230,318
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
The following table presents a summary of the activity in the allowance for credit losses on Non‑PCI loans and leases for the years indicated:
 
Components
 
Total
 
Non-PCI
 
Non-PCI
 
Non-PCI
 
Allowance for
 
Reserve for
 
Allowance
 
Loan and lease
 
Unfunded Loan
 
for Credit
 
Losses
 
Commitments
 
Losses
 
(In thousands)
Balance, December 31, 2011
$
85,313

 
$
8,470

 
$
93,783

Charge-offs
(13,070
)
 
—

 
(13,070
)
Recoveries
3,406

 
—

 
3,406

Negative provision
(9,750
)
 
(2,250
)
 
(12,000
)
Balance, December 31, 2012
65,899

 
6,220

 
72,119

Charge-offs
(11,159
)
 
—

 
(11,159
)
Recoveries
6,856

 
—

 
6,856

(Negative provision ) provision
(1,355
)
 
1,355

 
—

Balance, December 31, 2013
60,241

 
7,575

 
67,816

Charge-offs
(11,875
)
 
—

 
(11,875
)
Recoveries
10,344

 
—

 
10,344

(Negative provision) provision
11,746

 
(1,264
)
 
10,482

Balance, December 31, 2014
$
70,456

 
$
6,311

 
$
76,767
Allowance for Loan Losses
The following tables present a summary of the activity in the allowance for loan and lease losses on Non‑PCI loans and leases by portfolio segment and PCI loans for the years indicated:
 
Year Ended December 31, 2014
 
Real Estate Mortgage
 
Real Estate Construction
 
Commercial
 
Consumer
 
Total Non-PCI
 
Total PCI
 
Total
 
(In thousands)
Allowance for Loan and Lease Losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of year
$
26,078

 
$
4,298

 
$
26,921

 
$
2,944

 
$
60,241

 
$
21,793

 
$
82,034

Charge-offs
(2,080
)
 
—

 
(9,463
)
 
(332
)
 
(11,875
)
 
(9,577
)
 
(21,452
)
Recoveries
2,640

 
156

 
6,265

 
1,283

 
10,344

 
766

 
11,110

Provision (negative provision)
(1,541
)
 
(206
)
 
16,135

 
(2,642
)
 
11,746

 
1,017

 
12,763

Balance, end of year
$
25,097

 
$
4,248

 
$
39,858

 
$
1,253

 
$
70,456

 
$
13,999

 
$
84,455

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount of the allowance applicable to loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
693

 
$
69

 
$
9,975

 
$
37

 
$
10,774

 
 
 
 
Collectively evaluated for impairment
$
24,404

 
$
4,179

 
$
29,883

 
$
1,216

 
$
59,682

 
 
 
 
Acquired loans with deteriorated credit quality
 
 
 
 
 
 
 
 
 
 
$
13,999

 
 
Loan and Leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance(1)
$
5,340,560

 
$
307,135

 
$
5,842,463

 
$
101,483

 
$
11,591,641

 
$
290,791

 
$
11,882,432

The ending balance of the loan and lease portfolio is composed of loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
57,857

 
$
10,555

 
$
46,709

 
$
3,744

 
$
118,865

 
 
 
 
Collectively evaluated for impairment
$
5,282,703

 
$
296,580

 
$
5,795,754

 
$
97,739

 
$
11,472,776

 
 
 
 
Acquired loans with deteriorated credit quality
 
 
 
 
 
 
 
 
 
 
$
290,791

 
 
_________________________
(1)
As of December 31, 2014, the amounts of loans covered by loss sharing provisions of FDIC loss sharing agreements in the Non-PCI and PCI categories were $61.5 million and $100.4 million.
 
Year Ended December 31, 2013
 
Real Estate Mortgage
 
Real Estate Construction
 
Commercial
 
Consumer
 
Total Non-PCI
 
Total PCI
 
Total
 
(In thousands)
Allowance for loan and lease losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of year
$
38,700

 
$
3,221

 
$
22,252

 
$
1,726

 
$
65,899

 
$
26,069

 
$
91,968

Charge-offs
(4,552
)
 
—

 
(6,409
)
 
(198
)
 
(11,159
)
 
(66
)
 
(11,225
)
Recoveries
2,507

 
1,654

 
2,621

 
74

 
6,856

 
—

 
6,856

Provision (negative provision)
(10,577
)
 
(577
)
 
8,457

 
1,342

 
(1,355
)
 
(4,210
)
 
(5,565
)
Balance, end of year
$
26,078

 
$
4,298

 
$
26,921

 
$
2,944

 
$
60,241

 
$
21,793

 
$
82,034

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount of the allowance applicable to loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
2,188

 
$
169

 
$
5,003

 
$
240

 
$
7,600

 
 
 
 
Collectively evaluated for impairment
$
23,890

 
$
4,129

 
$
21,918

 
$
2,704

 
$
52,641

 
 
 
 
Acquired loans with deteriorated credit quality
 
 
 
 
 
 
 
 
 
 
$
21,793

 
 
Loan and Leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance(1)
$
2,422,107

 
$
207,779

 
$
1,244,785

 
$
54,885

 
$
3,929,556

 
$
382,796

 
$
4,312,352

The ending balance of the loan and lease portfolio is composed of loans and leases:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
62,276

 
$
7,512

 
$
17,932

 
$
702

 
$
88,422

 
 
 
 
Collectively evaluated for impairment
$
2,359,831

 
$
200,267

 
$
1,226,853

 
$
54,183

 
$
3,841,134

 
 
 
 
Acquired loans with deteriorated credit quality
 
 
 
 
 
 
 
 
 
 
$
382,796

 
 
_________________________
(1)
As of December 31, 2013, the amounts of loans covered by loss sharing provisions of FDIC loss sharing agreements in the Non-PCI and PCI categories were $85.9 million and $362.5 million.

CV of Loans Held for Investment by class by performing and nonperforming
The following table presents the credit risk rating categories for Non‑PCI loans and leases by portfolio segment and class as of the dates indicated. Nonclassified loans and leases are those with a credit risk rating of either pass or special mention, while classified loans and leases are those with a credit risk rating of either substandard or doubtful.
 
December 31, 2014
 
December 31, 2013
 
Classified
 
Nonclassified
 
Total
 
Classified
 
Nonclassified
 
Total
 
(In thousands)
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
17,761

 
$
542,458

 
$
560,219

 
$
12,337

 
$
168,216

 
$
180,553

SBA
11,141

 
364,786

 
375,927

 
5,297

 
39,869

 
45,166

Other
68,084

 
4,336,330

 
4,404,414

 
64,279

 
2,132,109

 
2,196,388

Total real estate mortgage
96,986

 
5,243,574

 
5,340,560

 
81,913

 
2,340,194

 
2,422,107

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
402

 
96,326

 
96,728

 
750

 
58,131

 
58,881

Commercial
3,346

 
207,061

 
210,407

 
6,291

 
142,607

 
148,898

Total real estate construction
3,748

 
303,387

 
307,135

 
7,041

 
200,738

 
207,779

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
22,433

 
416,754

 
439,187

 
18,838

 
567,643

 
586,481

Unsecured
1,323

 
130,501

 
131,824

 
1,856

 
151,896

 
153,752

Asset-based
11,547

 
1,783,304

 
1,794,851

 
6,859

 
195,569

 
202,428

Cash flow
83,321

 
2,376,530

 
2,459,851

 
—

 
—

 
—

Equipment finance
15,973

 
953,516

 
969,489

 
632

 
272,851

 
273,483

SBA
3,207

 
44,054

 
47,261

 
5,761

 
22,880

 
28,641

Total commercial
137,804

 
5,704,659

 
5,842,463

 
33,946

 
1,210,839

 
1,244,785

Consumer
4,073

 
97,410

 
101,483

 
4,411

 
50,474

 
54,885

Total Non-PCI loans and leases
$
242,611

 
$
11,349,030

 
$
11,591,641

 
$
127,311

 
$
3,802,245

 
$
3,929,556
Accretable Yield on Purchased Credit Impaired Loans [Table Text Block]
The following table summarizes the accretable yield on the PCI loans acquired in the CapitalSource Inc. merger as of April 7, 2014:
 
April 7, 2014
Accretable Yield
 
(In thousands)
Undiscounted contractual cash flows
$
231,832

Undiscounted cash flows not expected to be collected (nonaccretable difference)
(138,870
)
Undiscounted cash flows expected to be collected
92,962

Estimated fair value of PCI loans acquired
(79,234
)
Accretable yield
$
13,728
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period
The following table summarizes the changes in the carrying amount of PCI loans and accretable yield on those loans for the years indicated:
 
Carrying Amount
 
Accretable Yield
 
(In thousands)
Balance, December 31, 2011
$
674,058

 
$
(259,265
)
Accretion
49,562

 
49,562

Payments received
(232,623
)
 
—

Decrease in expected cash flows, net
—

 
13,681

Negative provision for credit losses
819

 
—

Balance, December 31, 2012
491,816

 
(196,022
)
Addition from the FCAL acquisition
44,146

 
(8,096
)
Accretion
46,680

 
46,680

Payments received
(225,849
)
 
—

Decrease in expected cash flows, net
—

 
17,870

Negative provision for credit losses
4,210

 
—

Balance, December 31, 2013
361,003

 
(139,568
)
Addition from the CapitalSource merger
79,234

 
(13,728
)
Accretion
57,213

 
57,213

Payments received
(219,641
)
 
—

Increase in expected cash flows, net
—

 
(10,773
)
Provision for credit losses
(1,017
)
 
—

Balance, December 31, 2014
$
276,792

 
$
(106,856
)
Non Purchased Credit Impaired Loans and Leases [Domain]  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Delinquent loans in loan portfolio
The following tables present an aging analysis of our Non‑PCI loans and leases by portfolio segment and class as of the dates indicated:
 
December 31, 2014
 
30-89 Days Past Due
 
90 or More
 Days Past Due
 
Total Past Due
 
Current
 
Total Loans
 
(In thousands)
Real estate mortgage:
 
 
 
 
 
 
 
 
 
Hospitality
$
—

 
$
—

 
$
—

 
$
560,219

 
$
560,219

SBA
5,530

 
4,357

 
9,887

 
366,040

 
375,927

Other
6,098

 
7,630

 
13,728

 
4,390,686

 
4,404,414

Total real estate mortgage
11,628

 
11,987

 
23,615

 
5,316,945

 
5,340,560

Real estate construction:
 
 
 
 
 
 
 
 
 
Residential
—

 
—

 
—

 
96,728

 
96,728

Commercial
—

 
715

 
715

 
209,692

 
210,407

Total real estate construction
—

 
715

 
715

 
306,420

 
307,135

Commercial:
 
 
 
 
 
 
 
 
 
Collateralized
878

 
965

 
1,843

 
437,344

 
439,187

Unsecured
69

 
45

 
114

 
131,710

 
131,824

Asset-based
—

 
—

 
—

 
1,794,851

 
1,794,851

Cash flow
—

 
232

 
232

 
2,459,619

 
2,459,851

Equipment finance
6,525

 
366

 
6,891

 
962,598

 
969,489

SBA
205

 
1,362

 
1,567

 
45,694

 
47,261

Total commercial
7,677

 
2,970

 
10,647

 
5,831,816

 
5,842,463

Consumer
101

 
3,146

 
3,247

 
98,236

 
101,483

Total Non-PCI loans and leases
$
19,406

 
$
18,818

 
$
38,224

 
$
11,553,417

 
$
11,591,641

 
December 31, 2013
 
30-89 Days Past Due
 
90 or More
Days Past Due
 
Total Past Due
 
Current
 
Total Loans
 
(In thousands)
Real estate mortgage:
 
 
 
 
 
 
 
 
 
Hospitality
$
—

 
$
—

 
$
—

 
$
180,553

 
$
180,553

SBA
2,564

 
—

 
2,564

 
42,602

 
45,166

Other
13,026

 
2,406

 
15,432

 
2,180,956

 
2,196,388

Total real estate mortgage
15,590

 
2,406

 
17,996

 
2,404,111

 
2,422,107

Real estate construction:
 
 
 
 
 
 
 
 
 
Residential
—

 
—

 
—

 
58,881

 
58,881

Commercial
—

 
2,013

 
2,013

 
146,885

 
148,898

Total real estate construction
—

 
2,013

 
2,013

 
205,766

 
207,779

Commercial:
 
 
 
 
 
 
 
 
 
Collateralized
473

 
259

 
732

 
585,749

 
586,481

Unsecured
83

 
68

 
151

 
153,601

 
153,752

Asset-based
—

 
—

 
—

 
202,428

 
202,428

Equipment finance
2,662

 
244

 
2,906

 
270,577

 
273,483

SBA
1,770

 
243

 
2,013

 
26,628

 
28,641

Total commercial
4,988

 
814

 
5,802

 
1,238,983

 
1,244,785

Consumer
3,319

 
—

 
3,319

 
51,566

 
54,885

Total Non-PCI loans and leases
$
23,897

 
$
5,233

 
$
29,130

 
$
3,900,426

 
$
3,929,556
Financing Receivable Non Accrual And Performing
The following table presents our nonaccrual and performing Non‑PCI loans and leases by portfolio segment and class as of the dates indicated:  
 
December 31, 2014
 
December 31, 2013
 
Nonaccrual
 
Performing
 
Total
 
Nonaccrual
 
Performing
 
Total
 
(In thousands)
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
6,366

 
$
553,853

 
$
560,219

 
$
6,723

 
$
173,830

 
$
180,553

SBA
11,141

 
364,786

 
375,927

 
2,602

 
42,564

 
45,166

Other
20,105

 
4,384,309

 
4,404,414

 
18,648

 
2,177,740

 
2,196,388

Total real estate mortgage
37,612

 
5,302,948

 
5,340,560

 
27,973

 
2,394,134

 
2,422,107

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
381

 
96,347

 
96,728

 
389

 
58,492

 
58,881

Commercial
1,178

 
209,229

 
210,407

 
2,830

 
146,068

 
148,898

Total real estate construction
1,559

 
305,576

 
307,135

 
3,219

 
204,560

 
207,779

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
5,450

 
433,737

 
439,187

 
9,991

 
576,490

 
586,481

Unsecured
639

 
131,185

 
131,824

 
458

 
153,294

 
153,752

Asset-based
4,574

 
1,790,277

 
1,794,851

 
1,070

 
201,358

 
202,428

Cash flow
15,964

 
2,443,887

 
2,459,851

 
—

 
—

 
—

Equipment finance
11,131

 
958,358

 
969,489

 
632

 
272,851

 
273,483

SBA
3,207

 
44,054

 
47,261

 
3,037

 
25,604

 
28,641

Total commercial
40,965

 
5,801,498

 
5,842,463

 
15,188

 
1,229,597

 
1,244,785

Consumer
3,485

 
97,998

 
101,483

 
394

 
54,491

 
54,885

Total Non-PCI loans and leases
$
83,621

 
$
11,508,020

 
$
11,591,641

 
$
46,774

 
$
3,882,782

 
$
3,929,556
Schedule Of Non Accrual and Performing Restructured Impaired Financing Receivables
Non‑PCI nonaccrual loans and leases and performing restructured loans are considered impaired for reporting purposes. The following table presents the composition of our impaired loans and leases as of the dates indicated:
 
December 31, 2014
 
December 31, 2013
 
 
 
Performing
 
Total
 
 
 
Performing
 
Total
 
Nonaccrual
 
Restructured
 
Impaired
 
Nonaccrual
 
Restructured
 
Impaired
 
Loans/Leases
 
Loans
 
Loans/Leases
 
Loans/Leases
 
Loans
 
Loans/Leases
 
(In thousands)
Real estate mortgage
$
37,612

 
$
20,245

 
$
57,857

 
$
27,973

 
$
34,303

 
$
62,276

Real estate construction
1,559

 
8,996

 
10,555

 
3,219

 
4,293

 
7,512

Commercial
40,965

 
5,744

 
46,709

 
15,188

 
2,744

 
17,932

Consumer
3,485

 
259

 
3,744

 
394

 
308

 
702

Total
$
83,621

 
$
35,244

 
$
118,865

 
$
46,774

 
$
41,648

 
$
88,422
Impaired Financing Receivables, Average Balances And Interest Income Recognized
The following tables present information regarding our Non‑PCI impaired loans and leases by portfolio segment and class as of and for the years indicated:
 
December 31, 2014
 
December 31, 2013
 
Recorded Investment
 
Unpaid Principal Balance
 
Related
Allowance
 
Recorded Investment
 
Unpaid Principal Balance
 
Related
Allowance
 
(In thousands)
With An Allowance Recorded:
 

 
 

 
 

 
 

 
 

 
 

Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
1,946

 
$
1,945

 
$
47

 
$
5,717

 
$
6,215

 
$
198

SBA
—

 
—

 
—

 
1,642

 
1,643

 
230

Other
9,136

 
9,233

 
646

 
15,937

 
16,571

 
1,760

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
763

 
763

 
46

 
778

 
778

 
168

Commercial
1,128

 
4,934

 
23

 
1,250

 
1,250

 
1

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
4,630

 
5,246

 
3,771

 
4,377

 
4,692

 
4,270

Unsecured
912

 
924

 
799

 
801

 
829

 
375

Asset-based
137

 
247

 
137

 
1,070

 
1,070

 
180

Cash flow
15,578

 
17,970

 
2,667

 
—

 
—

 
—

Equipment finance
6,956

 
7,268

 
2,601

 
—

 
—

 
—

SBA
—

 
—

 
—

 
1,136

 
1,136

 
178

Consumer
143

 
142

 
37

 
424

 
471

 
240

With No Related Allowance Recorded:
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
6,366

 
$
7,593

 
$
—

 
$
3,013

 
$
3,385

 
$
—

SBA
11,141

 
14,708

 
—

 
2,602

 
3,646

 
—

Other
29,268

 
40,643

 
—

 
33,365

 
46,062

 
—

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
21

 
19

 
—

 
—

 
—

 
—

Commercial
8,643

 
8,749

 
—

 
5,484

 
9,923

 
—

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
5,566

 
6,877

 
—

 
6,700

 
9,924

 
—

Unsecured
725

 
809

 
—

 
179

 
247

 
—

Asset-based
4,436

 
5,415

 
—

 
—

 
—

 
—

Cash flow
387

 
919

 
—

 
—

 
—

 
—

Equipment finance
4,175

 
7,528

 
—

 
632

 
632

 
—

SBA
3,207

 
4,920

 
—

 
3,037

 
4,945

 
—

Consumer
3,601

 
3,768

 
—

 
278

 
394

 
—

Total Non-PCI Loans and Leases With and Without an Allowance Recorded:
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage
$
57,857

 
$
74,122

 
$
693

 
$
62,276

 
$
77,522

 
$
2,188

Real estate construction
10,555

 
14,465

 
69

 
7,512

 
11,951

 
169

Commercial
46,709

 
58,123

 
9,975

 
17,932

 
23,475

 
5,003

Consumer
3,744

 
3,910

 
37

 
702

 
865

 
240

Total
$
118,865

 
$
150,620

 
$
10,774

 
$
88,422

 
$
113,813

 
$
7,600


 
Year Ended December 31,
 
2014
 
2013
 
2012
 
Weighted Average
Balance(1)
 
Interest
Income
Recognized
 
Weighted Average
Balance(1)
 
Interest
Income
Recognized
 
Weighted Average
Balance(1)
 
Interest
Income
Recognized
 
(In thousands)
With An Allowance Recorded:
 

 
 

 
 

 
 

 
 
 
 
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
1,946

 
$
67

 
$
5,717

 
$
81

 
$
8,954

 
$
80

SBA
—

 
—

 
1,642

 
90

 
827

 
41

Other
9,136

 
409

 
13,205

 
509

 
51,441

 
2,070

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
763

 
15

 
778

 
14

 
1,303

 
11

Commercial
1,027

 
17

 
1,250

 
63

 
6,723

 
231

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
4,077

 
27

 
3,281

 
29

 
2,219

 
48

Unsecured
661

 
21

 
772

 
33

 
2,273

 
20

Asset-based
137

 
—

 
569

 
—

 
—

 
—

Cash flow
7,837

 
—

 
—

 
—

 
—

 
—

Equipment finance
3,802

 
—

 
—

 
—

 
—

 
—

SBA
—

 
—

 
1,136

 
56

 
2,593

 
53

Consumer
132

 
8

 
425

 
10

 
389

 
7

With No Related Allowance Recorded:
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
 
Hospitality
$
6,366

 
$
—

 
$
3,013

 
$
—

 
$
—

 
$
—

SBA
6,610

 
77

 
2,601

 
—

 
1,472

 
—

Other
21,652

 
315

 
27,912

 
1,060

 
29,316

 
1,523

Real estate construction:
 
 
 
 
 
 
 
 
 
 
 
Residential
4

 
—

 
—

 
—

 
—

 
—

Commercial
8,642

 
244

 
4,866

 
11

 
17,424

 
589

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Collateralized
2,869

 
170

 
3,410

 
20

 
1,657

 
27

Unsecured
126

 
1

 
157

 
—

 
148

 
—

Asset-based
3,270

 
—

 
—

 
—

 
132

 
—

Cash flow
1

 
—

 
—

 
—

 
—

 
—

Equipment finance
2,534

 
—

 
245

 
—

 
224

 
—

SBA
2,162

 
98

 
2,571

 
—

 
2,601

 
24

Consumer
3,027

 
2

 
161

 
—

 
136

 
—

Total Non-PCI Loans and Leases With and Without an Allowance Recorded:
 
 
 
 
 
 
 
 
 
 
 
Real estate mortgage
$
45,710

 
$
868

 
$
54,090

 
$
1,740

 
$
92,010

 
$
3,714

Real estate construction
10,436

 
276

 
6,894

 
88

 
25,450

 
831

Commercial
27,476

 
317

 
12,141

 
138

 
11,847

 
172

Consumer
3,159

 
10

 
586

 
10

 
525

 
7

Total
$
86,781

 
$
1,471

 
$
73,711

 
$
1,976

 
$
129,832

 
$
4,724

_________________________
(1)
For the loans and leases (excluding PCI loans) reported as impaired at December 31, 2014, 2013 and 2012, amounts were calculated based on the period of time such loans and leases were impaired during the reported period.
Troubled Debt Restructurings on Financing Receivables
The following table presents new and defaulted troubled debt restructurings of Non-PCI loans for the years indicated:
 
Troubled Debt Restructurings
 
Troubled Debt Restructurings That Subsequently Defaulted(1)
 
 
Number of Loans
 
Pre- Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
 
Number of Loans
 
Recorded Investment
 
 
(Dollars In thousands)
 
Year Ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
Hospitality
1

 
$
1,946

 
$
1,946

 
—

 
$
—

 
SBA
1

 
64

 
64

 
1

 
55

 
Other
23

 
17,443

 
17,444

 
—

 
—

 
Real estate construction - Commercial
4

 
5,507

 
4,965

 
—

 
—

 
Commercial:
 
 
 
 
 
 
 
 
 
 
Collateralized
22

 
12,368

 
6,336

 
1

 
390

 
Unsecured
10

 
752

 
752

 
—

 
—

 
Equipment finance
1

 
518

 
518

 
—

 
—

 
SBA
3

 
1,965

 
1,965

 
1

 
1,144

 
Consumer
7

 
467

 
467

 
—

 
—

 
Total
72

 
$
41,030

 
$
34,457

 
3

 
$
1,589

(2)
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
Real estate mortgage - Other
14

 
$
16,223

 
$
16,223

 
2

 
$
1,844

 
Real estate construction - Residential
1

 
390

 
390

 
—

 
—

 
Commercial:
 
 
 
 
 
 
 
 
 
 
Collateralized
11

 
5,618

 
5,618

 
1

 
419

 
Unsecured
5

 
521

 
521

 
2

 
66

 
Asset-based
1

 
2,032

 
2,032

 
1

 
1,070

 
SBA
4

 
137

 
137

 
—

 
—

 
Consumer
2

 
125

 
125

 
—

 
—

 
Total
38

 
$
25,046

 
$
25,046

 
6

 
$
3,399

(3)
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
Real estate mortgage:
 
 
 
 
 
 
 
 
 
 
SBA
2

 
$
1,680

 
$
1,680

 
—

 
$
—

 
Other
8

 
14,861

 
13,840

 
—

 
—

 
Real estate construction - Other
3

 
6,919

 
6,919

 
—

 
—

 
Commercial:
 
 
 
 
 
 
 
 
 
 
Collateralized
7

 
1,652

 
1,652

 
2

 
458

 
Unsecured
5

 
317

 
317

 
—

 
—

 
SBA
4

 
1,216

 
1,216

 
1

 
873

 
Consumer
1

 
206

 
206

 
—

 
—

 
Total
30

 
$
26,851

 
$
25,830

 
3

 
$
1,331

(4)

_________________________
(1)
The population of defaulted restructured loans for the period indicated includes only those loans restructured during the preceding 12-month period. The table excludes defaulted troubled restructurings in those classes for which the recorded investment was zero at the end of the period.
(2)
Represents the balance at December 31, 2014, and is net of charge-offs of $129,000.
(3)
Represents the balance at December 31, 2013, and is net of charge-offs of $1.6 million.
(4)
Represents the balance at December 31, 2012, and is net of charge-offs of $921,000.
Purchased Credit Impaired Loans and Leases [Domain]  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
CV of Loans Held for Investment by class by performing and nonperforming
The following table presents the credit risk rating categories for PCI loans by portfolio segment as of the dates indicated. Nonclassified loans are those with a credit risk rating of either pass or special mention, while classified loans are those with a credit risk rating of either substandard or doubtful.
 
December 31, 2014
 
December 31, 2013
 
Nonclassified
 
Classified
 
Total
 
Nonclassified
 
Classified
 
Total
 
(In thousands)
Real estate mortgage
$
155,281

 
$
101,161

 
$
256,442

 
$
216,092

 
$
155,042

 
$
371,134

Real estate construction
3,010

 
3,901

 
6,911

 
4,399

 
6,028

 
10,427

Commercial
212

 
26,942

 
27,154

 
569

 
405

 
974

Consumer
—

 
284

 
284

 
—

 
261

 
261

Total PCI loans
$
158,503

 
$
132,288

 
$
290,791

 
$
221,060

 
$
161,736

 
$
382,796
Schedule of Accounts, Notes, Loans and Financing Receivable
The following table reflects the PCI loans by portfolio segment as of the dates indicated:
 
December 31, 2014
 
December 31, 2013
 
(In thousands)
Real estate mortgage
$
299,660

 
$
412,791

Real estate construction
7,743

 
12,015

Commercial
32,904

 
3,021

Consumer
332

 
424

Total gross PCI loans
340,639

 
428,251

Less:
 
 
 
Discount
(49,848
)
 
(45,455
)
Allowance for loan losses
(13,999
)
 
(21,793
)
Total net PCI loans
$
276,792

 
$
361,003