Loans (Tables)

3 Months Ended

Mar. 31, 2016

Receivables [Abstract]

Summary of Loan Balances

A summary of loan balances follows (in thousands):

	March 31, 2016
							PCI -			PCI -
	Originated			PNCI			Cash basis			Other			Total
Mortgage loans on real estate:
Residential 1-4 family	$	212,382		$	101,117			—		$	1,636		$	315,135
Commercial		1,209,721			286,943			—			17,189			1,513,853
Total mortgage loan on real estate		1,422,103			388,060			—			18,825			1,828,988
Consumer:
Home equity lines of credit		277,253			28,148		$	4,647			2,643			312,691
Home equity loans		35,712			4,016			124			1,513			41,365
Auto Indirect		—			—			—			—			—
Other		29,863			3,018			—			64			32,945
Total consumer loans		342,828			35,182			4,771			4,220			387,001
Commercial		174,505			17,521			—			4,531			196,557
Construction:
Residential		38,748			13,523			—			712			52,983
Commercial		68,311			7,707			—			—			76,018
Total construction		107,059			21,230			—			712			129,001
Total loans, net of deferred loan fees and discounts	$	2,046,495		$	461,993		$	4,771		$	28,288		$	2,541,547
Total principal balance of loans owed, net of charge-offs	$	2,052,057		$	475,095		$	12,085		$	33,356		$	2,572,593
Unamortized net deferred loan fees		(5,562	)		—			—			—			(5,562	)
Discounts to principal balance of loans owed, net of charge-offs		—			(13,102	)		(7,314	)		(5,068	)		(25,484	)
Total loans, net of unamortized deferred loan fees and discounts	$	2,046,495		$	461,993		$	4,771		$	28,288		$	2,541,547
Noncovered loans	$	2,046,495		$	461,993		$	4,771		$	23,532		$	2,536,791
Covered loans		—			—			—			4,756			4,756
Total loans, net of unamortized deferred loan fees and discounts	$	2,046,495		$	461,993		$	4,771		$	28,288		$	2,541,547
Allowance for loan losses	$	(31,168	)	$	(2,222	)	$	(118	)	$	(2,880	)	$	(36,388	)

A summary of loan balances follows (in thousands):

	December 31, 2015
							PCI -			PCI -
	Originated			PNCI			Cash basis			Other			Total
Mortgage loans on real estate:
Residential 1-4 family	$	207,585		$	104,535			—		$	2,145		$	314,265
Commercial		1,163,643			310,864			—			23,060			1,497,567
Total mortgage loan on real estate		1,371,228			415,399			—			25,205			1,811,832
Consumer:
Home equity lines of credit		285,419			29,335		$	4,954			2,784			322,492
Home equity loans		34,717			4,018			124			1,503			40,362
Other		28,998			3,367			—			64			32,429
Total consumer loans		349,134			36,720			5,078			4,351			395,283
Commercial		170,320			19,744			1			4,848			194,913
Construction:
Residential		31,778			13,636			—			721			46,135
Commercial		66,285			8,489			—			—			74,774
Total construction		98,063			22,125			—			721			120,909
Total loans, net of deferred loan fees and discounts	$	1,988,745		$	493,988		$	5,079		$	35,125		$	2,522,937
Total principal balance of loans owed, net of charge-offs	$	1,995,296		$	507,935		$	12,686		$	39,693		$	2,555,610
Unamortized net deferred loan fees		(6,551	)		—			—			—			(6,551	)
Discounts to principal balance of loans owed, net of charge-offs		—			(13,947	)		(7,607	)		(4,568	)		(26,122	)
Total loans, net of unamortized deferred loan fees and discounts	$	1,988,745		$	493,988		$	5,079		$	35,125		$	2,522,937
Noncovered loans	$	1,988,745		$	493,988		$	5,079		$	29,890		$	2,517,702
Covered loans		—			—			—			5,235			5,235
Total loans, net of unamortized deferred loan fees and discounts	$	1,988,745		$	493,988		$	5,079		$	35,125		$	2,522,937
Allowance for loan losses	$	(31,271	)	$	(1,848	)	$	(121	)	$	(2,771	)	$	(36,011	)

Change in Accretable Yield for PCI

The following is a summary of the change in accretable yield for PCI – other loans during the periods indicated (in thousands):

	Three months ended March 31,
	2016			2015
Change in accretable yield:
Balance at beginning of period	$	13,255		$	14,159
Accretion to interest income		(1,091	)		(1,818	)
Reclassification (to) from nonaccretable difference		(184	)		1,061
Balance at end of period	$	11,980		$	13,402