XML 38 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
Loans receivable (Tables)
9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
Summary of loans receivable
The following table shows a summary of our loans receivable at September 30, 2016 and December 31, 2015 (in thousands): 
 
September 30, 2016
 
December 31,
 2015
 
Originated
 
Acquired
 
Total
 
Originated
 
Acquired
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 
 
 
Residential mortgage loans (1)
$
2,678,757

 
142,360

 
2,821,117

 
2,695,561

 
45,716

 
2,741,277

Home equity loans
1,028,982

 
320,123

 
1,349,105

 
1,055,907

 
131,199

 
1,187,106

Consumer loans
436,847

 
180,488

 
617,335

 
313,220

 
197,397

 
510,617

Total Personal Banking
4,144,586

 
642,971

 
4,787,557

 
4,064,688

 
374,312

 
4,439,000

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,213,678

 
422,669

 
2,636,347

 
2,094,710

 
429,564

 
2,524,274

Commercial loans
486,353

 
83,433

 
569,786

 
372,540

 
65,175

 
437,715

Total Commercial Banking
2,700,031

 
506,102

 
3,206,133

 
2,467,250

 
494,739

 
2,961,989

Total loans receivable, gross
6,844,617

 
1,149,073

 
7,993,690

 
6,531,938

 
869,051

 
7,400,989

 
 
 
 
 
 
 
 
 
 
 
 
Deferred loan costs
18,819

 
3,510

 
22,329

 
14,806

 
5,259

 
20,065

Allowance for loan losses
(58,024
)
 
(5,222
)
 
(63,246
)
 
(60,970
)
 
(1,702
)
 
(62,672
)
Undisbursed loan proceeds:
 

 
 

 
 

 
 

 
 

 
 
Residential mortgage loans
(13,256
)
 

 
(13,256
)
 
(10,778
)
 

 
(10,778
)
Commercial real estate loans
(167,915
)
 
(3,751
)
 
(171,666
)
 
(159,553
)
 
(13,287
)
 
(172,840
)
Commercial loans
(30,240
)
 
(2,291
)
 
(32,531
)
 
(11,132
)
 
(4,183
)
 
(15,315
)
Total loans receivable, net
$
6,594,001

 
1,141,319

 
7,735,320

 
6,304,311

 
855,138

 
7,159,449


(1) Includes $30.4 million of loans held for sale at September 30, 2016.
Schedule of information related to the outstanding principal balance and related carrying value of acquired loans
Acquired loans were initially measured at fair value and subsequently accounted for under either Accounting Standards Codification (“ASC”) Topic 310-30 or ASC Topic 310-20. The following table provides information related to the outstanding principal balance and related carrying value of acquired loans for the dates indicated (in thousands): 
 
September 30,
2016
 
December 31,
2015
Acquired loans evaluated individually for future credit losses:
 

 
 
Outstanding principal balance
$
17,212

 
$
21,069

Carrying value
13,641

 
16,867

 
 

 
 
Acquired loans evaluated collectively for future credit losses:
 

 
 
Outstanding principal balance
1,141,343

 
848,194

Carrying value
1,132,900

 
839,973

 
 

 
 
Total acquired loans:
 

 
 
Outstanding principal balance
1,158,555

 
869,263

Carrying value
1,146,541

 
856,840

Schedule of the changes in the accretable discount
The following table provides information related to the changes in the accretable discount, which includes income recognized from contractual cash flows for the dates indicated (in thousands): 
 
Total
Balance at December 31, 2014
$

LNB Bancorp, Inc. acquisition
1,672

Accretion
(377
)
Net reclassification from nonaccretable yield
724

Balance at December 31, 2015
2,019

Accretion
(851
)
Net reclassification from nonaccretable yield
1,080

Balance at September 30, 2016
$
2,248

Schedule of the composition of impaired loans by portfolio segment and by class of financing receivable
The following table provides information related to acquired impaired loans by portfolio segment and by class of financing receivable at and for the nine months ended September 30, 2016 (in thousands):
 
Carrying
value
 
Outstanding
principal
balance
 
Related
impairment
reserve
 
Average
recorded
investment
in impaired
loans
 
Interest
income
recognized
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
1,381

 
2,153

 
184

 
1,681

 
154

Home equity loans
1,407

 
2,739

 
8

 
1,746

 
150

Consumer loans
169

 
353

 
3

 
218

 
32

Total Personal Banking
2,957

 
5,245

 
195

 
3,645

 
336

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
10,434

 
11,703

 
62

 
11,361

 
507

Commercial loans
250

 
264

 

 
248

 
8

Total Commercial Banking
10,684

 
11,967

 
62

 
11,609

 
515

 
 
 
 
 
 
 
 
 
 
Total
$
13,641

 
17,212

 
257

 
15,254

 
851


     
The following table provides information related to acquired impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2015 (in thousands):
 
Carrying
value
 
Outstanding
principal
balance
 
Related
impairment
reserve
 
Average
recorded
investment
in impaired
loans
 
Interest
income
recognized
Personal Banking:
 
 
 
 
 
 
 
 
 
Residential mortgage loans
$
1,981

 
2,910

 
14

 
2,083

 
41

Home equity loans
2,084

 
3,455

 
6

 
2,222

 
51

Consumer loans
267

 
492

 
2

 
305

 
18

Total Personal Banking
4,332

 
6,857

 
22

 
4,610

 
110

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 
 
 
 
 
 
 
 
 
Commercial real estate loans
12,288

 
13,946

 
353

 
12,867

 
249

Commercial loans
247

 
266

 

 
335

 
18

Total Commercial Banking
12,535

 
14,212

 
353

 
13,202

 
267

 
 
 
 
 
 
 
 
 
 
Total
$
16,867

 
21,069

 
375

 
17,812

 
377

The following table provides information related to the composition of originated impaired loans by portfolio segment and by class of financing receivable at and for the nine months ended September 30, 2016 (in thousands): 
 
Nonaccrual
loans 90 or
more days
delinquent
 
Nonaccrual
loans less
than 90
days
delinquent
 
Loans less
than 90
days
delinquent
reviewed for
impairment
 
TDRs less
than 90
days
delinquent
not included
elsewhere
 
Total
impaired
loans
 
Average
recorded
investment
in impaired
loans
 
Interest
income
recognized
on impaired
loans
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
13,242

 
4,677

 

 
6,330

 
24,249

 
24,401

 
819

Home equity loans
5,874

 
2,226

 

 
1,476

 
9,576

 
9,155

 
368

Consumer loans
3,354

 
925

 

 

 
4,279

 
3,322

 
116

Total Personal Banking
22,470

 
7,828

 

 
7,806

 
38,104

 
36,878

 
1,303

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
22,155

 
19,911

 
4,838

 
10,929

 
57,833

 
67,422

 
2,258

Commercial loans
6,105

 
7,803

 
2,893

 
3,634

 
20,435

 
17,158

 
733

Total Commercial Banking
28,260

 
27,714

 
7,731

 
14,563

 
78,268

 
84,580

 
2,991

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
50,730

 
35,542

 
7,731

 
22,369

 
116,372

 
121,458

 
4,294

 
The following table provides information related to the composition of originated impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2015 (in thousands):
 
Nonaccrual
loans 90 or
more days
delinquent
 
Nonaccrual
loans less
than 90
days
delinquent
 
Loans less
than 90
days
delinquent
reviewed for
impairment
 
TDRs less
than 90
days
delinquent
not included
elsewhere
 
Total
impaired
loans
 
Average
recorded
investment
in impaired
loans
 
Interest
income
recognized
on impaired
loans
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
15,810

 
3,962

 

 
5,086

 
24,858

 
24,554

 
944

Home equity loans
5,650

 
1,872

 

 
1,847

 
9,369

 
9,644

 
497

Consumer loans
2,900

 
552

 

 

 
3,452

 
2,977

 
101

Total Personal Banking
24,360

 
6,386

 

 
6,933

 
37,679

 
37,175

 
1,542

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
16,449

 
16,972

 
16,121

 
16,467

 
66,009

 
77,166

 
3,226

Commercial loans
2,459

 
5,036

 
2,014

 
4,654

 
14,163

 
16,187

 
694

Total Commercial Banking
18,908

 
22,008

 
18,135

 
21,121

 
80,172

 
93,353

 
3,920

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
43,268

 
28,394

 
18,135

 
28,054

 
117,851

 
130,528

 
5,462

Schedule of the changes in the allowance for losses on loans receivable
The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended September 30, 2016 (in thousands):               
 
Balance
September 30,
2016
 
Current
period
provision
 
Charge-offs
 
Recoveries
 
Balance
June 30, 2016
Originated loans:
 
 
 
 
 
 
 
 
 
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
4,002

 
1,109

 
(268
)
 
139

 
3,022

Home equity loans
3,519

 
296

 
(161
)
 
49

 
3,335

Consumer loans
9,096

 
3,345

 
(2,535
)
 
362

 
7,924

Total Personal Banking
16,617

 
4,750

 
(2,964
)
 
550

 
14,281

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
24,530

 
(1,041
)
 
(602
)
 
487

 
25,686

Commercial loans
16,877

 
1,668

 
(708
)
 
561

 
15,356

Total Commercial Banking
41,407

 
627

 
(1,310
)
 
1,048

 
41,042

Total originated loans
58,024

 
5,377

 
(4,274
)
 
1,598

 
55,323

 
 
 
 
 
 
 
 
 
 
Acquired loans:
 
 
 
 
 
 
 
 
 
Personal Banking:
 
 
 
 
 
 
 
 
 
Residential mortgage loans
78

 
45

 
(86
)
 
58

 
61

Home equity loans
1,171

 
138

 
(127
)
 
32

 
1,128

Consumer loans
644

 
212

 
(166
)
 
46

 
552

Total Personal Banking
1,893

 
395

 
(379
)
 
136

 
1,741

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,422

 
(588
)
 
(187
)
 
32

 
3,165

Commercial loans
907

 
354

 

 
1

 
552

Total Commercial Banking
3,329

 
(234
)
 
(187
)
 
33

 
3,717

Total acquired loans
5,222

 
161

 
(566
)
 
169

 
5,458

 
 
 
 
 
 
 
 
 
 
Total
$
63,246

 
5,538

 
(4,840
)
 
1,767

 
60,781


The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended September 30, 2015 (in thousands):
 
Balance
September 30,
2015
 
Current
period
provision
 
Charge-offs
 
Recoveries
 
Balance
June 30, 2015
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
4,587

 
(14
)
 
(342
)
 
51

 
4,892

Home equity loans
3,371

 
274

 
(443
)
 
95

 
3,445

Consumer loans
7,618

 
3,000

 
(2,014
)
 
388

 
6,244

Total Personal Banking
15,576

 
3,260

 
(2,799
)
 
534

 
14,581

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
30,829

 
111

 
(558
)
 
1,113

 
30,163

Commercial loans
14,142

 
(204
)
 
(595
)
 
628

 
14,313

Total Commercial Banking
44,971

 
(93
)
 
(1,153
)
 
1,741

 
44,476

 
 
 
 
 
 
 
 
 
 
Total
$
60,547

 
3,167

 
(3,952
)
 
2,275

 
59,057



The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the nine months ended September 30, 2016 (in thousands):
 
Balance
September 30, 2016
 
Current
period
provision
 
Charge-offs
 
Recoveries
 
Balance
December 31, 2015
Originated loans:
 
 
 
 
 
 
 
 
 
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
4,002

 
1,612

 
(2,559
)
 
257

 
4,692

Home equity loans
3,519

 
253

 
(898
)
 
223

 
3,941

Other consumer loans
9,096

 
7,368

 
(6,908
)
 
1,148

 
7,488

Total Personal Banking
16,617

 
9,233

 
(10,365
)
 
1,628

 
16,121

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
24,530

 
(8,756
)
 
(2,103
)
 
3,041

 
32,348

Commercial loans
16,877

 
5,008

 
(1,704
)
 
1,072

 
12,501

Total Commercial Banking
41,407

 
(3,748
)
 
(3,807
)
 
4,113

 
44,849

Total originated loans
58,024

 
5,485

 
(14,172
)
 
5,741

 
60,970

 
 
 
 
 
 
 
 
 
 
Acquired loans:
 
 
 
 
 
 
 
 
 
Personal Banking:
 
 
 
 
 
 
 
 
 
Residential mortgage loans
78

 
118

 
(211
)
 
153

 
18

Home equity loans
1,171

 
2,093

 
(1,320
)
 
297

 
101

Other consumer loans
644

 
925

 
(528
)
 
137

 
110

Total Personal Banking
1,893

 
3,136

 
(2,059
)
 
587

 
229

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 
 
 
 
 
 
 
 
 
Commercial real estate loans
2,422

 
1,886

 
(1,314
)
 
411

 
1,439

Commercial loans
907

 
890

 
(24
)
 
7

 
34

Total Commercial Banking
3,329

 
2,776

 
(1,338
)
 
418

 
1,473

Total acquired loans
5,222

 
5,912

 
(3,397
)
 
1,005

 
1,702

 
 
 
 
 
 
 
 
 
 
Total
$
63,246

 
11,397

 
(17,569
)
 
6,746

 
62,672


The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the nine months ended September 30, 2015 (in thousands):
 
Balance
September 30, 2015
 
Current
period
provision
 
Charge-offs
 
Recoveries
 
Balance
December 31, 2014
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
4,587

 
(220
)
 
(955
)
 
181

 
5,581

Home equity loans
3,371

 
(126
)
 
(1,327
)
 
274

 
4,550

Other consumer loans
7,618

 
6,135

 
(5,713
)
 
1,078

 
6,118

Total Personal Banking
15,576

 
5,789

 
(7,995
)
 
1,533

 
16,249

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
30,829

 
(1,205
)
 
(5,110
)
 
3,755

 
33,389

Commercial loans
14,142

 
4,898

 
(7,675
)
 
3,404

 
13,515

Total Commercial Banking
44,971

 
3,693

 
(12,785
)
 
7,159

 
46,904

 
 
 
 
 
 
 
 
 
 
Unallocated

 
(4,365
)
 

 

 
4,365

 
 
 
 
 
 
 
 
 
 
Total
$
60,547

 
5,117

 
(20,780
)
 
8,692

 
67,518

Schedule of loan portfolio by portfolio segment and by class of financing receivable
The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at September 30, 2016 (in thousands):
 
Total loans
receivable
 
Allowance for
loan losses
 
Nonaccrual
loans (1)
 
Loans past
due 90 days
or more and
still accruing
(2)
 
TDRs
 
Allowance
related to
TDRs
 
Additional
commitments
to customers
with loans
classified as
TDRs
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,819,013

 
4,080

 
17,919

 

 
7,174

 
735

 

Home equity loans
1,349,105

 
4,690

 
8,100

 

 
1,962

 
471

 
3

Consumer loans
628,512

 
9,740

 
4,279

 
95

 

 

 

Total Personal Banking
4,796,630

 
18,510

 
30,298

 
95

 
9,136

 
1,206

 
3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,464,681

 
26,952

 
42,066

 

 
26,435

 
2,038

 
280

Commercial loans
537,255

 
17,784

 
13,908

 
8

 
11,024

 
1,453

 
17

Total Commercial Banking
3,001,936

 
44,736

 
55,974

 
8

 
37,459

 
3,491

 
297

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
7,798,566

 
63,246

 
86,272

 
103

 
46,595

 
4,697

 
300

(1)
Includes $17.4 million of nonaccrual TDRs.
(2)
Represents loans 90 days past maturity and still accruing.

The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at December 31, 2015 (in thousands): 
 
Total loans
receivable
 
Allowance for
loan losses
 
Nonaccrual
loans (1)
 
Loans past
due 90 days
or more and
still accruing
(2)
 
TDRs
 
Allowance
related to
TDRs
 
Additional
commitments
to customers
with loans
classified as
TDRs
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,740,892

 
4,710

 
19,772

 
4

 
6,360

 
1,189

 

Home equity loans
1,187,106

 
4,042

 
7,522

 

 
2,298

 
605

 

Consumer loans
520,289

 
7,598

 
3,452

 
976

 

 

 

Total Personal Banking
4,448,287

 
16,350

 
30,746

 
980

 
8,658

 
1,794

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,351,434

 
33,787

 
33,421

 
206

 
31,970

 
2,257

 
241

Commercial loans
422,400

 
12,535

 
7,495

 
148

 
10,487

 
631

 
79

Total Commercial Banking
2,773,834

 
46,322

 
40,916

 
354

 
42,457

 
2,888

 
320

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
7,222,121

 
62,672

 
71,662

 
1,334

 
51,115

 
4,682

 
320

(1)
Includes $21.1 million of nonaccrual TDRs.
(2)
Represents loans 90 days past maturity and still accruing.

Schedule of geographical information related to the loan portfolio
The following table provides geographical information related to the loan portfolio by portfolio segment and class of financing receivable at September 30, 2016 (in thousands): 
 
Pennsylvania
 
New York
 
Ohio
 
Maryland
 
Other
 
Total
Loans receivable:
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,285,555

 
286,147

 
70,507

 
121,013

 
55,791

 
2,819,013

Home equity loans
858,767

 
284,095

 
146,040

 
22,713

 
37,490

 
1,349,105

Consumer loans
268,458

 
71,558

 
117,944

 
1,996

 
168,556

 
628,512

Total Personal Banking
3,412,780

 
641,800

 
334,491

 
145,722

 
261,837

 
4,796,630

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
967,962

 
875,066

 
464,068

 
113,605

 
43,980

 
2,464,681

Commercial loans
365,924

 
95,997

 
55,758

 
7,034

 
12,542

 
537,255

Total Commercial Banking
1,333,886

 
971,063

 
519,826

 
120,639

 
56,522

 
3,001,936

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
4,746,666

 
1,612,863

 
854,317

 
266,361

 
318,359

 
7,798,566

 
 
 
 
 
 
 
 
 
 
 
 
Percentage of total loans receivable
60.9
%
 
20.6
%
 
11.0
%
 
3.4
%
 
4.1
%
 
100.0
%
     
The following table provides delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at September 30, 2016 (in thousands): 
 
Pennsylvania
 
New York
 
Ohio
 
Maryland
 
Other
 
Total
Loans 90 or more days delinquent: (1)
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
9,380

 
1,627

 
831

 
1,229

 
411

 
13,478

Home equity loans
3,064

 
1,039

 
1,405

 
469

 
45

 
6,022

Consumer loans
2,951

 
122

 
58

 

 
241

 
3,372

Total Personal Banking
15,395

 
2,788

 
2,294

 
1,698

 
697

 
22,872

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
7,209

 
2,697

 
8,261

 
110

 
6,256

 
24,533

Commercial loans
5,061

 
137

 
942

 
109

 

 
6,249

Total Commercial Banking
12,270

 
2,834

 
9,203

 
219

 
6,256

 
30,782

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
27,665

 
5,622

 
11,497

 
1,917

 
6,953

 
53,654

 
 
 
 
 
 
 
 
 
 
 
 
Percentage of total loans 90 or more days delinquent
51.5
%
 
10.5
%
 
21.4
%
 
3.6
%
 
13.0
%
 
100.0
%
(1)
 Includes $2.9 million of purchased credit impaired loans considered accruing.

The following table provides geographical information related to the loan portfolio by portfolio segment and class of financing receivable at December 31, 2015 (in thousands):
 
Pennsylvania
 
New York
 
Ohio
 
Maryland
 
Other
 
Total
Loans receivable:
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,310,860

 
171,790

 
70,209

 
129,129

 
58,904

 
2,740,892

Home equity loans
879,447

 
124,291

 
154,003

 
24,458

 
4,907

 
1,187,106

Consumer loans
260,170

 
12,244

 
102,034

 
1,870

 
143,971

 
520,289

Total Personal Banking
3,450,477

 
308,325

 
326,246

 
155,457

 
207,782

 
4,448,287

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
965,090

 
749,435

 
453,180

 
122,775

 
60,954

 
2,351,434

Commercial loans
284,611

 
53,420

 
68,327

 
5,662

 
10,380

 
422,400

Total Commercial Banking
1,249,701

 
802,855

 
521,507

 
128,437

 
71,334

 
2,773,834

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
4,700,178

 
1,111,180

 
847,753

 
283,894

 
279,116

 
7,222,121

 
 
 
 
 
 
 
 
 
 
 
 
Percentage of total loans receivable
65.1
%
 
15.4
%
 
11.7
%
 
3.9
%
 
3.9
%
 
100.0
%
     
The following table provides delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at December 31, 2015 (in thousands):
 
Pennsylvania
 
New York
 
Ohio
 
Maryland
 
Other
 
Total
Loans 90 or more days delinquent: (1)
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
10,998

 
1,801

 
1,308

 
1,341

 
902

 
16,350

Home equity loans
3,204

 
639

 
1,294

 
975

 

 
6,112

Consumer loans
2,780

 
90

 
24

 

 
32

 
2,926

Total Personal Banking
16,982

 
2,530

 
2,626

 
2,316

 
934

 
25,388

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
10,439

 
3,012

 
4,823

 
251

 
506

 
19,031

Commercial loans
1,582

 
859

 
158

 

 

 
2,599

Total Commercial Banking
12,021

 
3,871

 
4,981

 
251

 
506

 
21,630

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
29,003

 
6,401

 
7,607

 
2,567

 
1,440

 
47,018

 
 
 
 
 
 
 
 
 
 
 
 
Percentage of total loans 90 or more days delinquent
61.6
%
 
13.6
%
 
16.2
%
 
5.5
%
 
3.1
%
 
100.0
%

(1)
 Includes $3.8 million of purchased credit impaired loans considered accruing.
Schedule of the evaluation of impaired loans by portfolio segment and by class of financing receivable
The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at September 30, 2016 (in thousands): 
 
Loans
collectively
evaluated for
impairment
 
Loans
individually
evaluated for
impairment
 
Loans
individually
evaluated for
impairment
for which
there is a
related
impairment
reserve
 
Related
impairment
reserve
 
Loans
individually
evaluated for
impairment
for which
there is no
related
reserve
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,810,996

 
8,017

 
8,017

 
735

 

Home equity loans
1,347,143

 
1,962

 
1,962

 
471

 

Consumer loans
628,438

 
74

 
74

 
17

 

Total Personal Banking
4,786,577

 
10,053

 
10,053

 
1,223

 

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,424,492

 
40,189

 
32,587

 
3,636

 
7,602

Commercial loans
525,006

 
12,249

 
12,249

 
1,513

 

Total Commercial Banking
2,949,498

 
52,438

 
44,836

 
5,149

 
7,602

 
 
 
 
 
 
 
 
 
 
Total
$
7,736,075

 
62,491

 
54,889

 
6,372

 
7,602

 
The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at December 31, 2015 (in thousands): 
 
Loans
collectively
evaluated for
impairment
 
Loans
individually
evaluated for
impairment
 
Loans
individually
evaluated for
impairment
for which
there is a
related
impairment
reserve
 
Related
impairment
reserve
 
Loans
individually
evaluated for
impairment
for which
there is no
related
reserve
Personal Banking:
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,733,741

 
7,151

 
7,151

 
1,189

 

Home equity loans
1,184,808

 
2,298

 
2,298

 
605

 

Consumer loans
520,159

 
130

 
130

 
50

 

Total Personal Banking
4,438,708

 
9,579

 
9,579

 
1,844

 

 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,297,599

 
53,835

 
35,937

 
2,675

 
17,898

Commercial loans
411,342

 
11,058

 
7,673

 
489

 
3,385

Total Commercial Banking
2,708,941

 
64,893

 
43,610

 
3,164

 
21,283

 
 
 
 
 
 
 
 
 
 
Total
$
7,147,649

 
74,472

 
53,189

 
5,008

 
21,283

Schedule of roll forward of troubled debt restructurings
The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands):
 
For the quarters ended September 30,
 
2016
 
2015
 
Number of
contracts
 
Amount
 
Number of
contracts
 
Amount
Beginning TDR balance:
230

 
$
49,113

 
231

 
$
56,184

New TDRs
5

 
245

 
5

 
2,273

Re-modified TDRs
1

 
799

 
1

 
6,316

Net paydowns
 

 
(1,781
)
 
 

 
(7,096
)
Charge-offs:
 

 
 

 
 

 
 

Residential mortgage loans

 

 

 

Home equity loans

 

 
1

 
(60
)
Commercial real estate loans

 

 
1

 
(5
)
Commercial loans
1

 
(99
)
 

 

Paid-off loans:
 

 
 

 
 

 
 

Residential mortgage loans
3

 
(143
)
 

 

Home equity loans
2

 
(264
)
 
2

 
(75
)
Commercial real estate loans
8

 
(1,022
)
 
6

 
(8,122
)
Commercial loans
3

 
(253
)
 
2

 
(77
)
Ending TDR balance:
218

 
$
46,595

 
224

 
$
49,338

 
 
 
 
 
 
 
 
Accruing TDRs
 

 
$
29,221

 
 

 
$
26,154

Non-accrual TDRs
 

 
17,374

 
 

 
23,184


The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands):
 
For the nine months ended September 30,
 
2016
 
2015
 
Number of
contracts
 
 
 
Number of
contracts
 
 
Beginning TDR balance:
227

 
$
51,115

 
248

 
$
61,788

New TDRs
23

 
5,256

 
11

 
2,772

Re-modified TDRs
5

 
1,862

 
3

 
6,446

Net paydowns
 

 
(4,685
)
 
 

 
(11,537
)
Charge-offs:
 

 
 

 
 

 
 

Residential mortgage loans

 

 

 

Home equity loans

 

 
4

 
(159
)
Commercial real estate loans

 

 
3

 
(28
)
Commercial loans
2

 
(142
)
 
2

 
(387
)
Paid-off loans:
 

 
 

 
 

 
 

Residential mortgage loans
3

 
(143
)
 
1

 
(53
)
Home equity loans
5

 
(496
)
 
3

 
(81
)
Commercial real estate loans
16

 
(5,584
)
 
14

 
(9,127
)
Commercial loans
6

 
(588
)
 
8

 
(296
)
Ending TDR balance:
218

 
$
46,595

 
224

 
$
49,338

 
 
 
 
 
 
 
 
Accruing TDRs
 

 
$
29,221

 
 

 
$
26,154

Non-accrual TDRs
 

 
17,374

 
 

 
23,184

Schedule of troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable
The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands):
 
For the quarter ended
September 30, 2016
 
For the nine months ended September 30, 2016
 
Number
of
contracts
 
Recorded
investment
at the time of
modification
 
Current
recorded
investment
 
Current
allowance
 
Number
of
contracts
 
Recorded
investment
at the time of
modification
 
Current
recorded
investment
 
Current
allowance
Troubled debt restructurings:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
1

 
$
9

 
8

 
1

 
6

 
$
1,041

 
1,031

 
105

Home equity loans
1

 
3

 
3

 
1

 
6

 
284

 
281

 
60

Consumer loans

 

 

 

 

 

 

 

Total Personal Banking
2

 
12

 
11

 
2

 
12

 
1,325

 
1,312

 
165

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 
154

 
153

 
11

 
5

 
2,250

 
2,218

 
295

Commercial loans
3

 
878

 
877

 
64

 
11

 
3,543

 
2,591

 
632

Total Commercial Banking
4

 
1,032

 
1,030

 
75

 
16

 
5,793

 
4,809

 
927

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
6

 
$
1,044

 
1,041

 
77

 
28

 
$
7,118

 
6,121

 
1,092

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 

 
$

 

 

Home equity loans

 

 

 

 

 

 

 

Consumer loans

 

 

 

 

 

 

 

Total Personal Banking

 

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 
6,256

 
6,113

 
893

 

 

 

 

Commercial loans

 

 

 

 

 

 

 

Total Commercial Banking
1

 
6,256

 
6,113

 
893

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
1

 
$
6,256

 
6,113

 
893

 

 
$

 

 



The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands):
 
For the quarter ended
September 30, 2015
 
For the nine months ended September 30, 2015
 
Number
of
contracts
 
Recorded
investment
at the time of
modification
 
Current
recorded
investment
 
Current
allowance
 
Number
of
contracts
 
Recorded
investment
at the time of
modification
 
Current
recorded
investment
 
Current
allowance
Troubled debt restructurings:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 
4

 
$
232

 
228

 

Home equity loans

 

 

 

 
2

 
87

 
85

 
17

Consumer loans

 

 

 

 

 

 

 

Total Personal Banking

 

 

 

 
6

 
319

 
313

 
17

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
5

 
8,563

 
8,511

 
980

 
6

 
8,575

 
8,522

 
981

Commercial loans
1

 
26

 
25

 
3

 
2

 
324

 
313

 
31

Total Commercial Banking
6

 
8,589

 
8,536

 
983

 
8

 
8,899

 
8,835

 
1,012

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
6

 
$
8,589

 
8,536

 
983

 
14

 
$
9,218

 
9,148

 
1,029

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 
1

 
$
251

 
249

 

Home equity loans

 

 

 

 
1

 
23

 
20

 

Consumer loans

 

 

 

 

 

 

 

Total Personal Banking

 

 

 

 
2

 
274

 
269

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans

 

 

 

 

 

 

 

Commercial loans

 

 

 

 

 

 

 

Total Commercial Banking

 

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total

 
$

 

 

 
2

 
$
274

 
269

 

Schedule of troubled debt restructurings (including re-modified TDRs) by type of modification by portfolio segment and by class of financing receivable
The following table provides information as of September 30, 2016 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended September 30, 2016 (dollars in thousands):
 
 
 
Type of modification
 
 
 
Number of
contracts
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
1

 
$

 

 
8

 

 
8

Home equity loans
1

 

 

 
3

 

 
3

Consumer loans

 

 

 

 

 

Total Personal Banking
2

 

 

 
11

 

 
11

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 

 

 
153

 

 
153

Commercial loans
3

 

 
799

 
78

 

 
877

Total Commercial Banking
4

 

 
799

 
231

 

 
1,030

 
 
 
 
 
 
 
 
 
 
 
 
Total
6

 
$

 
799

 
242

 

 
1,041

 
The following table provides information as of September 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended September 30, 2015 (dollars in thousands): 
 
 
 
Type of modification
 
 
 
Number of
contracts
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 

 

Home equity loans

 

 

 

 

 

Consumer loans

 

 

 

 

 

Total Personal Banking

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
5

 
180

 

 
8,331

 

 
8,511

Commercial loans
1

 

 

 
25

 

 
25

Total Commercial Banking
6

 
180

 

 
8,356

 

 
8,536

 
 
 
 
 
 
 
 
 
 
 
 
Total
6

 
$
180

 

 
8,356

 

 
8,536


The following table provides information as of September 30, 2016 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the nine months ended September 30, 2016 (dollars in thousands): 
 
 
 
Type of modification
 
 
 
Number of
contracts
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
6

 
$
361

 

 
622

 
48

 
1,031

Home equity loans
6

 
121

 

 
3

 
157

 
281

Other consumer loans

 

 

 

 

 

Total Personal Banking
12

 
482

 

 
625

 
205

 
1,312

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
5

 

 
429

 
535

 
1,254

 
2,218

Commercial loans
11

 

 
799

 
1,042

 
750

 
2,591

Total Commercial Banking
16

 

 
1,228

 
1,577

 
2,004

 
4,809

 
 
 
 
 
 
 
 
 
 
 
 
Total
28

 
$
482

 
1,228

 
2,202

 
2,209

 
6,121


The following table provides information as of September 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the nine months ended September 30, 2015 (dollars in thousands): 
 
 
 
Type of modification
 
 
 
Number of
contracts
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
4

 
$
73

 

 
110

 
45

 
228

Home equity loans
2

 
83

 

 
2

 

 
85

Other consumer loans

 

 

 

 

 

Total Personal Banking
6

 
156

 

 
112

 
45

 
313

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
6

 
180

 

 
8,342

 

 
8,522

Commercial loans
2

 

 

 
313

 

 
313

Total Commercial Banking
8

 
180

 

 
8,655

 

 
8,835

 
 
 
 
 
 
 
 
 
 
 
 
Total
14

 
$
336

 

 
8,767

 
45

 
9,148

Schedule of re-modified troubled debt restructurings by portfolio segment and by class of financing receivable
The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the quarter ended September 30, 2016 (dollars in thousands): 
 
Number of
 
Type of re-modification
 
 
 
re-modified
TDRs
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 

 

Home equity loans

 

 

 

 

 

Consumer loans

 

 

 

 

 

Total Personal Banking

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans

 

 

 

 

 

Commercial loans
1

 

 
799

 

 

 
799

Total Commercial Banking
1

 

 
799

 

 

 
799

 
 
 
 
 
 
 
 
 
 
 
 
Total
1

 
$

 
799

 

 

 
799

 
The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the quarter ended September 30, 2015 (dollars in thousands): 
 
Number of
 
Type of re-modification
 
 
 
re-modified
TDRs
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 

 

Home equity loans

 

 

 

 

 

Consumer loans

 

 

 

 

 

Total Personal Banking

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 

 

 
6,270

 

 
6,270

Commercial loans

 

 

 

 

 

Total Commercial Banking
1

 

 

 
6,270

 

 
6,270

 
 
 
 
 
 
 
 
 
 
 
 
Total
1

 
$

 

 
6,270

 

 
6,270



The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the nine months ended September 30, 2016 (dollars in thousands): 
 
Number of
 
Type of re-modification
 
 
 
re-modified
TDRs
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans

 
$

 

 

 

 

Home equity loans

 

 

 

 

 

Other consumer loans

 

 

 

 

 

Total Personal Banking

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 

 

 

 
182

 
182

Commercial loans
4

 

 
1,662

 

 

 
1,662

Total Commercial Banking
5

 

 
1,662

 

 
182

 
1,844

 
 
 
 
 
 
 
 
 
 
 
 
Total
5

 
$

 
1,662

 

 
182

 
1,844


The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the nine months ended September 30, 2015 (dollars in thousands): 
 
Number of
 
Type of re-modification
 
 
 
re-modified
TDRs
 
Rate
 
Payment
 
Maturity
date
 
Other
 
Total
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
1

 
$

 

 

 
45

 
45

Home equity loans
1

 
83

 

 

 

 
83

Other consumer loans

 

 

 

 

 

Total Personal Banking
2

 
83

 

 

 
45

 
128

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1

 

 

 
6,270

 

 
6,270

Commercial loans

 

 

 

 

 

Total Commercial Banking
1

 

 

 
6,270

 

 
6,270

 
 
 
 
 
 
 
 
 
 
 
 
Total
3

 
$
83

 

 
6,270

 
45

 
6,398

Schedule of loan delinquencies
The following table provides information related to loan payment delinquencies at September 30, 2016 (in thousands):
 
30-59 Days
delinquent
 
60-89 Days
delinquent
 
90 Days or
greater
delinquent
 
Total
delinquency
 
Current
 
Total loans
receivable
 
90 Days or
greater
delinquent
and accruing
(1)
Originated loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
3,322

 
5,568

 
12,855

 
21,745

 
2,654,908

 
2,676,653

 

Home equity loans
4,130

 
910

 
4,817

 
9,857

 
1,019,125

 
1,028,982

 

Consumer loans
6,565

 
2,368

 
3,163

 
12,096

 
432,418

 
444,514

 

Total Personal Banking
14,017

 
8,846

 
20,835

 
43,698

 
4,106,451

 
4,150,149

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
3,432

 
487

 
16,698

 
20,617

 
2,025,146

 
2,045,763

 

Commercial loans
1,270

 
443

 
5,309

 
7,022

 
449,091

 
456,113

 

Total Commercial Banking
4,702

 
930

 
22,007

 
27,639

 
2,474,237

 
2,501,876

 

Total originated loans
18,719

 
9,776

 
42,842

 
71,337

 
6,580,688

 
6,652,025

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
58

 
606

 
623

 
1,287

 
141,073

 
142,360

 
235

Home equity loans
854

 
235

 
1,205

 
2,294

 
317,829

 
320,123

 
148

Consumer loans
1,018

 
305

 
209

 
1,532

 
182,466

 
183,998

 
18

Total Personal Banking
1,930

 
1,146

 
2,037

 
5,113

 
641,368

 
646,481

 
401

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
423

 
615

 
7,835

 
8,873

 
410,045

 
418,918

 
2,378

Commercial loans
223

 
151

 
940

 
1,314

 
79,828

 
81,142

 
144

Total Commercial Banking
646

 
766

 
8,775

 
10,187

 
489,873

 
500,060

 
2,522

Total acquired loans
2,576

 
1,912

 
10,812

 
15,300

 
1,131,241

 
1,146,541

 
2,923

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total loans
$
21,295

 
11,688

 
53,654

 
86,637

 
7,711,929

 
7,798,566

 
2,923

(1)
Represents acquired loans that were originally recorded at fair value upon acquisition. These loans are considered to be accruing because we can reasonably estimate future cash flows on and expect to fully collect the carrying value of these loans. Therefore, we are accreting the difference between the carrying value and their expected cash flows into interest income.

The following table provides information related to loan payment delinquencies at December 31, 2015 (in thousands): 
 
30-59 Days
delinquent
 
60-89 Days
delinquent
 
90 Days or
greater
delinquent
 
Total
delinquency
 
Current
 
Total loans
receivable
 
90 Days or
greater
delinquent
and accruing
(1)
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 
Residential mortgage loans
$
25,503

 
7,541

 
15,564

 
48,608

 
2,646,568

 
2,695,176

 

Home equity loans
4,870

 
1,836

 
5,251

 
11,957

 
1,043,950

 
1,055,907

 

Consumer loans
6,092

 
2,340

 
2,857

 
11,289

 
306,344

 
317,633

 

Total Personal Banking
36,465

 
11,717

 
23,672

 
71,854

 
3,996,862

 
4,068,716

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
22,212

 
6,875

 
14,942

 
44,029

 
1,891,128

 
1,935,157

 

Commercial loans
1,703

 
598

 
2,449

 
4,750

 
356,658

 
361,408

 

Total Commercial Banking
23,915

 
7,473

 
17,391

 
48,779

 
2,247,786

 
2,296,565

 

Total originated loan
60,380

 
19,190

 
41,063

 
120,633

 
6,244,648

 
6,365,281

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal Banking:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans
440

 
249

 
786

 
1,475

 
44,241

 
45,716

 
540

Home equity loans
936

 
642

 
861

 
2,439

 
128,760

 
131,199

 
462

Consumer loans
1,009

 
181

 
69

 
1,259

 
201,397

 
202,656

 
26

Total Personal Banking
2,385

 
1,072

 
1,716

 
5,173

 
374,398

 
379,571

 
1,028

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
2,665

 
1,353

 
4,089

 
8,107

 
408,170

 
416,277

 
2,582

Commercial loans
1,165

 

 
150

 
1,315

 
59,677

 
60,992

 
140

Total Commercial Banking
3,830

 
1,353

 
4,239

 
9,422

 
467,847

 
477,269

 
2,722

Total acquired loan
6,215

 
2,425

 
5,955

 
14,595

 
842,245

 
856,840

 
3,750

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
66,595

 
21,615

 
47,018

 
135,228

 
7,086,893

 
7,222,121

 
3,750


(1) Represents acquired loans that were originally recorded at fair value upon acquisition. These loans are considered to be accruing because we can reasonably estimate future cash flows on and expect to fully collect the carrying value of these loans. Therefore, we are accreting the difference between the carrying value and their expected cash flows into interest income.
Schedule of credit quality indicators
The following table sets forth information about credit quality indicators updated during the quarter ended September 30, 2016 (in thousands): 
 
Pass
 
Special
mention
 
Substandard
 
Doubtful
 
Loss
 
Total loans
receivable
Originated loans:
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,659,867

 

 
16,786

 

 

 
2,676,653

Home equity loans
1,021,191

 

 
7,791

 

 

 
1,028,982

Consumer loans
441,552

 

 
2,962

 

 

 
444,514

Total Personal Banking
4,122,610

 

 
27,539

 

 

 
4,150,149

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1,884,719

 
45,458

 
115,572

 
14

 

 
2,045,763

Commercial loans
404,365

 
11,690

 
37,157

 
2,901

 

 
456,113

Total Commercial Banking
2,289,084

 
57,148

 
152,729

 
2,915

 

 
2,501,876

Total originated loans
6,411,694

 
57,148

 
180,268

 
2,915

 

 
6,652,025

 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans:
 

 
 

 
 

 
 

 
 

 
 

Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
140,553

 

 
1,807

 

 

 
142,360

Home equity loans
317,452

 

 
2,671

 

 

 
320,123

Consumer loans
183,333

 

 
665

 

 

 
183,998

Total Personal Banking
641,338

 

 
5,143

 

 

 
646,481

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
381,097

 
16,305

 
21,516

 

 

 
418,918

Commercial loans
74,956

 
3,017

 
3,169

 

 

 
81,142

Total Commercial Banking
456,053

 
19,322

 
24,685

 

 

 
500,060

Total acquired loans
1,097,391

 
19,322

 
29,828

 

 

 
1,146,541

 
 
 
 
 
 
 
 
 
 
 
 
Total loans
$
7,509,085

 
76,470

 
210,096

 
2,915

 

 
7,798,566


The following table sets forth information about credit quality indicators, which were updated during the year ended December 31, 2015 (in thousands):
 
Pass
 
Special
mention
 
Substandard
 
Doubtful
 
Loss
 
Total loans
receivable
Originated loans:
 
 
 
 
 
 
 
 
 
 
 
Personal Banking:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage loans
$
2,680,562

 

 
13,274

 

 
1,340

 
2,695,176

Home equity loans
1,048,397

 

 
7,510

 

 

 
1,055,907

Consumer loans
315,159

 

 
2,474

 

 

 
317,633

Total Personal Banking
4,044,118

 

 
23,258

 

 
1,340

 
4,068,716

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
1,778,140

 
46,518

 
110,384

 
115

 

 
1,935,157

Commercial loans
299,455

 
23,023

 
37,820

 
1,110

 

 
361,408

Total Commercial Banking
2,077,595

 
69,541

 
148,204

 
1,225

 

 
2,296,565

Total originated loans
6,121,713

 
69,541

 
171,462

 
1,225

 
1,340

 
6,365,281

 
 
 
 
 
 
 
 
 
 
 
 
Acquired loans:
 
 
 
 
 
 
 
 
 
 
 
Personal Banking:
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans
44,930

 

 
786

 

 

 
45,716

Home equity loans
130,338

 

 
861

 

 

 
131,199

Consumer loans
202,587

 

 
69

 

 

 
202,656

Total Personal Banking
377,855

 

 
1,716

 

 

 
379,571

 
 
 
 
 
 
 
 
 
 
 
 
Commercial Banking:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate loans
392,811

 
6,872

 
16,594

 

 

 
416,277

Commercial loans
59,948

 
707

 
337

 

 

 
60,992

Total Commercial Banking
452,759

 
7,579

 
16,931

 

 

 
477,269

Total acquired loans
830,614

 
7,579

 
18,647

 

 

 
856,840

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
6,952,327

 
77,120

 
190,109

 
1,225

 
1,340

 
7,222,121