Loans And Allowance For Loan Losses (Tables)

12 Months Ended

Dec. 31, 2014

Loans And Allowance For Loan Losses [Abstract]

Summary Classification Of Held To Maturity Loan Portfolio

Major classifications within the Company’s held to maturity loan portfolio at December 31, 2014 and 2013 are as follows:

(In thousands)	2014		2013
Commercial:
Business	$	3,969,952	$	3,715,319
Real estate — construction and land	403,507		406,197
Real estate — business	2,288,215		2,313,550
Personal Banking:
Real estate — personal	1,883,092		1,787,626
Consumer	1,705,134		1,512,716
Revolving home equity	430,873		420,589
Consumer credit card	782,370		796,228
Overdrafts	6,095		4,611
Total loans	$	11,469,238	$	10,956,836

Loans To Directors And Executive Officers

Loans to directors and executive officers of the Parent and the Bank, and to their associates, are summarized as follows:

(In thousands)
Balance at January 1, 2014	$	44,728
Additions	402,428
Amounts collected	(381,737		)
Amounts written off	—
Balance, December 31, 2014	$	65,419

Summary Of Activity In The Allowance For Loan Losses

A summary of the activity in the allowance for losses during the previous three years follows:

(In thousands)	Commercial			Personal Banking		Total
Balance at December 31, 2011	$	122,497		$	62,035	$	184,532
Provision for loan losses	(14,444		)	41,731		27,287
Deductions:
Loans charged off	11,094			52,067		63,161
Less recoveries	8,766			15,108		23,874
Net loans charged off	2,328			36,959		39,287
Balance at December 31, 2012	105,725			66,807		172,532
Provision for loan losses	(16,143		)	36,496		20,353
Deductions:
Loans charged off	5,170			49,029		54,199
Less recoveries	9,777			13,069		22,846
Net loans charged off (recoveries)	(4,607		)	35,960		31,353
Balance at December 31, 2013	94,189			67,343		161,532
Provision for loan losses	(5,204		)	34,735		29,531
Deductions:
Loans charged off	4,548			48,225		52,773
Less recoveries	5,185			13,057		18,242
Net loans charged off (recoveries)	(637		)	35,168		34,531
Balance at December 31, 2014	$	89,622		$	66,910	$	156,532

Allowance For Loan Losses And Related Loan Balance Disaggregated On The Basis Of Impairment Methodology

The following table shows the balance in the allowance for loan losses and the related loan balance at December 31, 2014 and 2013, disaggregated on the basis of impairment methodology. Impaired loans evaluated under ASC 310-10-35 include loans on non-accrual status which are individually evaluated for impairment and other impaired loans deemed to have similar risk characteristics, which are collectively evaluated. All other loans are collectively evaluated for impairment under ASC 450-20.

	Impaired Loans				All Other Loans
(In thousands)	Allowance for Loan Losses		Loans Outstanding		Allowance for Loan Losses		Loans Outstanding
December 31, 2014
Commercial	$	4,527	$	55,551	$	85,095	$	6,606,123
Personal Banking	2,314		25,537		64,596		4,782,027
Total	$	6,841	$	81,088	$	149,691	$	11,388,150
December 31, 2013
Commercial	$	8,476	$	78,516	$	85,713	$	6,356,550
Personal Banking	2,424		29,120		64,919		4,492,650
Total	$	10,900	$	107,636	$	150,632	$	10,849,200

Investment In Impaired Loans

(In thousands)	2014		2013
Non-accrual loans	$	40,775	$	48,814
Restructured loans (accruing)	40,313		58,822
Total impaired loans	$	81,088	$	107,636

Additional Information About Impaired Loans Held

The following table provides additional information about impaired loans held by the Company at December 31, 2014 and 2013, segregated between loans for which an allowance for credit losses has been provided and loans for which no allowance has been provided.

(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
December 31, 2014
With no related allowance recorded:
Business	$	9,237	$	11,532	$	—
Real estate – construction and land	4,552		8,493		—
Real estate – business	13,453		17,258		—
Real estate – personal	1,227		1,384		—
	$	28,469	$	38,667	$	—
With an allowance recorded:
Business	$	12,326	$	13,846	$	1,844
Real estate – construction and land	8,148		9,610		1,081
Real estate – business	7,835		15,025		1,602
Real estate – personal	9,096		12,465		1,441
Consumer	4,244		4,244		50
Revolving home equity	529		529		9
Consumer credit card	10,441		10,441		814
	$	52,619	$	66,160	$	6,841
Total	$	81,088	$	104,827	$	6,841
December 31, 2013
With no related allowance recorded:
Business	$	7,969	$	9,000	$	—
Real estate – construction and land	8,766		16,067		—
Real estate – business	4,089		6,417		—
Revolving home equity	2,191		2,741		—
	$	23,015	$	34,225	$	—
With an allowance recorded:
Business	$	19,266	$	22,597	$	3,037
Real estate – construction and land	17,632		19,708		2,174
Real estate – business	20,794		29,287		3,265
Real estate – personal	10,425		13,576		1,361
Consumer	4,025		4,025		85
Revolving home equity	666		666		2
Consumer credit card	11,813		11,813		976
	$	84,621	$	101,672	$	10,900
Total	$	107,636	$	135,897	$	10,900

Total Average Impaired Loans

Total average impaired loans during 2014 and 2013 are shown in the table below.

	2014						2013
(In thousands)	Commercial		Personal Banking		Total		Commercial		Personal Banking		Total
Average impaired loans:
Non-accrual loans	$	38,114	$	7,132	$	45,246	$	35,900	$	5,329	$	41,229
Restructured loans (accruing)	33,156		20,040		53,196		40,251		24,134		64,385
Total	$	71,270	$	27,172	$	98,442	$	76,151	$	29,463	$	105,614

Interest Income Recognized On Impaired Loans

The table below shows interest income recognized during the years ended December 31, 2014, 2013 and 2012 for impaired loans held at the end of each respective period. This interest relates to accruing restructured loans, as discussed previously.

	For the Year Ended December 31
(In thousands)	2014		2013		2012
Interest income recognized on impaired loans:
Business	$	344	$	509	$	1,184
Real estate – construction and land	361		758		655
Real estate – business	153		215		246
Real estate – personal	208		263		376
Consumer	286		346		415
Revolving home equity	27		36		37
Consumer credit card	993		1,116		1,341
Total	$	2,372	$	3,243	$	4,254

Aging Information On Past Due And Nonaccrual Loans

The following table provides aging information on the Company’s past due and accruing loans, in addition to the balances of loans on non-accrual status, at December 31, 2014 and 2013.

(In thousands)	Current or Less Than 30 Days Past Due		30 – 89 Days Past Due		90 Days Past Due and Still Accruing		Non-accrual		Total
December 31, 2014
Commercial:
Business	$	3,946,144	$	11,152	$	1,096	$	11,560	$	3,969,952
Real estate – construction and land	397,488		827		35		5,157		403,507
Real estate – business	2,266,688		3,661		—		17,866		2,288,215
Personal Banking:
Real estate – personal	1,868,606		6,618		1,676		6,192		1,883,092
Consumer	1,687,285		16,053		1,796		—		1,705,134
Revolving home equity	428,478		1,552		843		—		430,873
Consumer credit card	764,599		9,559		8,212		—		782,370
Overdrafts	5,721		374		—		—		6,095
Total	$	11,365,009	$	49,796	$	13,658	$	40,775	$	11,469,238
December 31, 2013
Commercial:
Business	$	3,697,589	$	5,467	$	671	$	11,592	$	3,715,319
Real estate – construction and land	386,423		9,601		—		10,173		406,197
Real estate – business	2,292,385		1,340		47		19,778		2,313,550
Personal Banking:
Real estate – personal	1,771,231		9,755		1,560		5,080		1,787,626
Consumer	1,492,960		17,482		2,274		—		1,512,716
Revolving home equity	416,614		1,082		702		2,191		420,589
Consumer credit card	777,564		9,952		8,712		—		796,228
Overdrafts	4,315		296		—		—		4,611
Total	$	10,839,081	$	54,975	$	13,966	$	48,814	$	10,956,836

Credit Quality Of Commercial Loan Portfolio

	Commercial Loans
(In thousands)	Business		Real Estate -Construction		Real Estate - Business		Total
December 31, 2014
Pass	$	3,871,569	$	385,831	$	2,184,541	$	6,441,941
Special mention	62,904		3,865		40,668		107,437
Substandard	23,919		8,654		45,140		77,713
Non-accrual	11,560		5,157		17,866		34,583
Total	$	3,969,952	$	403,507	$	2,288,215	$	6,661,674
December 31, 2013
Pass	$	3,618,120	$	372,515	$	2,190,344	$	6,180,979
Special mention	61,916		1,697		53,079		116,692
Substandard	23,691		21,812		50,349		95,852
Non-accrual	11,592		10,173		19,778		41,543
Total	$	3,715,319	$	406,197	$	2,313,550	$	6,435,066

Summary Of Loans In The Personal Banking Portfolio Percentage Of Balances Outstanding

For the remainder of loans in the Personal Banking portfolio, the table below shows the percentage of balances outstanding at December 31, 2014 and 2013 by FICO score.

	Personal Banking Loans
	% of Loan Category
	Real Estate - Personal		Consumer		Revolving Home Equity		Consumer Credit Card
December 31, 2014
FICO score:
Under 600	1.4	%	5.2	%	1.8	%	4.1	%
600 – 659	3.1		10.2		4.4		11.8
660 – 719	9.9		22.9		13.7		32.4
720 – 779	26.7		28.0		32.8		27.8
780 and over	58.9		33.7		47.3		23.9
Total	100.0	%	100.0	%	100.0	%	100.0	%
December 31, 2013
FICO score:
Under 600	1.7	%	5.4	%	2.1	%	4.1	%
600 – 659	3.3		10.1		7.3		11.7
660 – 719	10.3		23.4		15.0		32.9
720 – 779	25.8		28.3		28.5		27.9
780 and over	58.9		32.8		47.1		23.4
Total	100.0	%	100.0	%	100.0	%	100.0	%

Outstanding Balance Of Loans Classified As Troubled Debt Restructurings

The table below shows the outstanding balance of loans classified as troubled debt restructurings at December 31, 2014, in addition to the period end balances of restructured loans which the Company considers to have been in default at any time during the past twelve months. For purposes of this disclosure, the Company considers "default" to mean 90 days or more past due as to interest or principal.

(In thousands)	December 31, 2014		Balance 90 days past due at any time during previous 12 months
Commercial:
Business	$	18,321	$	7,464
Real estate – construction and land	12,249		3,285
Real estate – business	12,634		22
Personal Banking:
Real estate – personal	6,000		84
Consumer	4,271		47
Revolving home equity	529		40
Consumer credit card	10,441		890
Total restructured loans	$	64,445	$	11,832