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Allowance for Loan and Lease Losses (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of components of allowance for loan and lease losses

Three Months Ended June 30, 2019

Commercial Lending

Commercial

and

Real

Lease

(dollars in thousands)

Industrial

Estate

Construction

Financing

Residential

Consumer

Unallocated

Total

Allowance for loan and lease losses:

Balance at beginning of period

31,793

21,197

5,381

411

44,911

35,099

2,754

141,546

Charge-offs

(2,000)

—

(7,505)

—

(9,505)

Recoveries

—

185

2,382

—

2,624

Increase (decrease) in Provision

1,870

975

(367)

(1,676)

3,662

(629)

3,870

Balance at end of period

31,688

22,204

5,014

446

43,420

33,638

2,125

138,535

Six Months Ended June 30, 2019

Commercial Lending

Commercial

and

Real

Lease

(dollars in thousands)

Industrial

Estate

Construction

Financing

Residential

Consumer

Unallocated

Total

Allowance for loan and lease losses:

Balance at beginning of period

34,501

19,725

5,813

432

44,906

35,813

528

141,718

Charge-offs

(2,000)

—

(24)

—

(16,103)

—

(18,127)

Recoveries

—

435

4,834

—

5,394

Increase (decrease) in Provision

(875)

2,416

(799)

(1,921)

9,094

1,597

9,550

Balance at end of period

31,688

22,204

5,014

446

43,420

33,638

2,125

138,535


	Three Months Ended June 30, 2018
	Commercial Lending
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Residential		Consumer		Unallocated		Total
Allowance for loan and lease losses:
Balance at beginning of period	$	34,365	$	19,254	$	5,976	$	585	$	43,220	$	30,998	$	4,176	$	138,574
Charge-offs		—		—		—		—		(34)		(6,290)		—		(6,324)
Recoveries		39		32		—		—		60		2,200		—		2,331
Increase (decrease) in Provision		835		1,221		1,630		(28)		679		4,601		(2,918)		6,020
Balance at end of period	$	35,239	$	20,507	$	7,606	$	557	$	43,925	$	31,509	$	1,258	$	140,601


	Six Months Ended June 30, 2018
	Commercial Lending
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Residential		Consumer		Unallocated		Total
Allowance for loan and lease losses:
Balance at beginning of period	$	34,006	$	18,044	$	6,817	$	611	$	42,852	$	31,249	$	3,674	$	137,253
Charge-offs		(475)		—		—		—		(34)		(12,915)		—		(13,424)
Recoveries		103		154		—		—		242		4,303		—		4,802
Increase (decrease) in Provision		1,605		2,309		789		(54)		865		8,872		(2,416)		11,970
Balance at end of period	$	35,239	$	20,507	$	7,606	$	557	$	43,925	$	31,509	$	1,258	$	140,601

Schedule of disaggregation of Allowance and recorded investment in loans by impairment methodology


	June 30, 2019
	Commercial Lending
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Residential		Consumer		Unallocated		Total
Allowance for loan and lease losses:
Individually evaluated for impairment	$	108	$	25	$	—	$	—	$	367	$	—	$	—	$	500
Collectively evaluated for impairment		31,580		22,179		5,014		446		43,053		33,638		2,125		138,035
Balance at end of period	$	31,688	$	22,204	$	5,014	$	446	$	43,420	$	33,638	$	2,125	$	138,535
Loans and leases:
Individually evaluated for impairment	$	8,882	$	3,726	$	—	$	—	$	14,805	$	—	$	—	$	27,413
Collectively evaluated for impairment		3,168,962		3,190,493		549,578		165,370		4,512,080		1,650,713		—		13,237,196
Balance at end of period	$	3,177,844	$	3,194,219	$	549,578	$	165,370	$	4,526,885	$	1,650,713	$	—	$	13,264,609


	December 31, 2018
	Commercial Lending
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Residential		Consumer		Unallocated		Total
Allowance for loan and lease losses:
Individually evaluated for impairment	$	108	$	32	$	—	$	—	$	396	$	—	$	—	$	536
Collectively evaluated for impairment		34,393		19,693		5,813		432		44,510		35,813		528		141,182
Balance at end of period	$	34,501	$	19,725	$	5,813	$	432	$	44,906	$	35,813	$	528	$	141,718
Loans and leases:
Individually evaluated for impairment	$	8,719	$	5,743	$	—	$	—	$	16,114	$	—	$	—	$	30,576
Collectively evaluated for impairment		3,200,041		2,985,040		626,757		147,769		4,423,504		1,662,504		—		13,045,615
Balance at end of period	$	3,208,760	$	2,990,783	$	626,757	$	147,769	$	4,439,618	$	1,662,504	$	—	$	13,076,191

Schedule of credit risk profiles by internally assigned grade for loans and leases

June 30, 2019

Commercial

and

Real

Lease

(dollars in thousands)

Industrial

Estate

Construction

Financing

Total

Grade:

Pass

3,048,463

3,021,877

548,480

164,245

6,783,065

Special mention

90,410

127,097

171

984

218,662

Substandard

38,971

45,245

927

141

85,284

Total

3,177,844

3,194,219

549,578

165,370

7,087,011


	December 31, 2018
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Total
Grade:
Pass	$	3,069,546	$	2,876,907	$	625,607	$	146,356	$	6,718,416
Special mention		57,012		91,298		200		1,223		149,733
Substandard		82,010		22,578		950		190		105,728
Doubtful		192		—		—		—		192
Total	$	3,208,760	$	2,990,783	$	626,757	$	147,769	$	6,974,069

Schedule of credit risk profiles based on payment activity for loans and leases

June 30, 2019

(dollars in thousands)

Residential Mortgage

Home Equity Line

Consumer

Consumer - Auto

Credit Cards

Total

Performing

3,609,720

903,257

231,355

1,060,248

325,746

6,130,326

Non-performing and delinquent

8,713

5,195

5,909

22,695

4,760

47,272

Total

3,618,433

908,452

237,264

1,082,943

330,506

6,177,598


	December 31, 2018
(dollars in thousands)	Residential Mortgage		Home Equity Line		Consumer		Consumer - Auto		Credit Cards		Total
Performing	$	3,519,172	$	903,284	$	234,458	$	1,044,393	$	339,162	$	6,040,469
Non-performing and delinquent		7,929		9,233		5,448		33,739		5,304		61,653
Total	$	3,527,101	$	912,517	$	239,906	$	1,078,132	$	344,466	$	6,102,122

Schedule of aging analyses of past due loans and leases

June 30, 2019

Accruing Loans and Leases

Greater

Total Non

Than or

Total

Accruing

30-59

60-89

Equal to

Total

Accruing

Loans

Days

90 Days

Past

Loans and

and

Total

(dollars in thousands)

Past Due

Due

Current

Leases

Outstanding

Commercial and industrial

1,213

2,247

807

4,267

3,173,458

3,177,725

119

3,177,844

Commercial real estate

124

195

—

319

3,193,900

3,194,219

—

3,194,219

Construction

—

549,578

—

549,578

Lease financing

—

165,370

—

165,370

Residential mortgage

3,223

1,719

—

4,942

3,609,720

3,614,662

3,771

3,618,433

Home equity line

3,116

444

1,635

5,195

903,257

908,452

—

908,452

Consumer

24,596

5,473

3,295

33,364

1,617,349

1,650,713

—

1,650,713

Total

32,272

10,078

5,737

48,087

13,212,632

13,260,719

3,890

13,264,609


	December 31, 2018
	Accruing Loans and Leases
					Greater								Total Non
					Than or						Total		Accruing
	30-59		60-89		Equal to		Total				Accruing		Loans
	Days		Days		90 Days		Past				Loans and		and		Total
(dollars in thousands)	Past Due		Past Due		Past Due		Due		Current		Leases		Leases		Outstanding
Commercial and industrial	$	1,293	$	—	$	141	$	1,434	$	3,207,052	$	3,208,486	$	274	$	3,208,760
Commercial real estate		—		—		—		—		2,989,125		2,989,125		1,658		2,990,783
Construction		91		—		—		91		626,666		626,757		—		626,757
Lease financing		47		—		—		47		147,722		147,769		—		147,769
Residential mortgage		2,274		1,012		32		3,318		3,519,172		3,522,490		4,611		3,527,101
Home equity line		5,616		775		2,842		9,233		903,284		912,517		—		912,517
Consumer		32,406		8,712		3,373		44,491		1,618,013		1,662,504		—		1,662,504
Total	$	41,727	$	10,499	$	6,388	$	58,614	$	13,011,034	$	13,069,648	$	6,543	$	13,076,191

Schedule of total carrying amounts and total unpaid principal balances of impaired loans and leases


	June 30, 2019
			Unpaid
	Recorded		Principal		Related
(dollars in thousands)	Investment		Balance		Allowance
Impaired loans with no related allowance recorded:
Commercial and industrial	$	5,278	$	5,311	$	—
Commercial real estate		3,016		3,016		—
Residential mortgage		7,675		7,834		—
Total	$	15,969	$	16,161	$	—
Impaired loans with a related allowance recorded:
Commercial and industrial	$	3,604	$	3,604	$	108
Commercial real estate		710		710		25
Residential mortgage		7,130		7,516		367
Total	$	11,444	$	11,830	$	500
Total impaired loans:
Commercial and industrial	$	8,882	$	8,915	$	108
Commercial real estate		3,726		3,726		25
Residential mortgage		14,805		15,350		367
Total	$	27,413	$	27,991	$	500


	December 31, 2018
			Unpaid
	Recorded		Principal		Related
(dollars in thousands)	Investment		Balance		Allowance
Impaired loans with no related allowance recorded:
Commercial and industrial	$	4,449	$	4,498	$	—
Commercial real estate		5,016		5,016		—
Residential mortgage		9,112		9,426		—
Total	$	18,577	$	18,940	$	—
Impaired loans with a related allowance recorded:
Commercial and industrial	$	4,270	$	4,270	$	108
Commercial real estate		727		727		32
Residential mortgage		7,002		7,387		396
Total	$	11,999	$	12,384	$	536
Total impaired loans:
Commercial and industrial	$	8,719	$	8,768	$	108
Commercial real estate		5,743		5,743		32
Residential mortgage		16,114		16,813		396
Total	$	30,576	$	31,324	$	536

Schedule of average balances, and of interest income recognized from, impaired loans

Three Months Ended

Six Months Ended

June 30, 2019

Average

Interest

Average

Interest

Recorded

Income

Recorded

Income

(dollars in thousands)

Investment

Recognized

Investment

Recognized

Impaired loans with no related allowance recorded:

Commercial and industrial

3,833

4,038

175

Commercial real estate

3,102

3,740

212

Residential mortgage

7,948

8,336

191

Total

14,883

226

16,114

578

Impaired loans with a related allowance recorded:

Commercial and industrial

5,645

5,187

117

Commercial real estate

715

719

Residential mortgage

7,220

103

7,147

199

Total

13,580

174

13,053

336

Total impaired loans:

Commercial and industrial

9,478

155

9,225

292

Commercial real estate

3,817

4,459

232

Residential mortgage

15,168

195

15,483

390

Total

28,463

400

29,167

914


	Three Months Ended				Six Months Ended
	June 30, 2018				June 30, 2018
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
(dollars in thousands)	Investment		Recognized		Investment		Recognized
Impaired loans with no related allowance recorded:
Commercial and industrial	$	15,815	$	171	$	16,556	$	337
Commercial real estate		9,144		72		9,345		127
Construction		2,120		—		1,413		—
Residential mortgage		9,475		110		9,199		240
Total	$	36,554	$	353	$	36,513	$	704
Impaired loans with a related allowance recorded:
Commercial and industrial	$	749	$	18	$	548	$	35
Commercial real estate		878		10		882		20
Residential mortgage		7,456		113		7,598		197
Total	$	9,083	$	141	$	9,028	$	252
Total impaired loans:
Commercial and industrial	$	16,564	$	189	$	17,104	$	372
Commercial real estate		10,022		82		10,227		147
Construction		2,120		—		1,413		—
Residential mortgage		16,931		223		16,797		437
Total	$	45,637	$	494	$	45,541	$	956

Schedule of information related to loans modified in a TDR


	Three Months Ended					Six Months Ended
	June 30, 2019					June 30, 2019
	Number of	Recorded		Related		Number of	Recorded		Related
(dollars in thousands)	Contracts	Investment⁽¹⁾		Allowance		Contracts	Investment⁽¹⁾		Allowance
Commercial and industrial	—	$	—	$	—	4	$	906	$	41
Residential mortgage	—		—		—	1		351		14
Total	—	$	—	$	—	5	$	1,257	$	55

(1)	The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Three Months Ended

Six Months Ended

June 30, 2018

	Number of	Recorded		Related		Number of	Recorded		Related
(dollars in thousands)	Contracts	Investment⁽¹⁾		Allowance		Contracts	Investment⁽¹⁾		Allowance
Commercial and industrial	1	$	450	$	13	1	$	450	$	13
Total	1	$	450	$	13	1	$	450	$	13

(1)	The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Schedule of TDRs that defaulted in period within 12 months of their permanent modification date


	Three Months Ended			Six Months Ended			Three Months Ended			Six Months Ended
	June 30, 2019			June 30, 2019			June 30, 2018			June 30, 2018
	Number of	Recorded		Number of	Recorded		Number of	Recorded		Number of	Recorded
(dollars in thousands)	Contracts	Investment⁽¹⁾		Contracts	Investment⁽¹⁾		Contracts	Investment⁽¹⁾		Contracts	Investment⁽¹⁾
Commercial and industrial⁽²⁾	4	$	906	4	$	906	—	$	—	2	$	409
Residential mortgage⁽³⁾	1		351	1		351	—		—	—		—
Total	5	$	1,257	5	$	1,257	—	$	—	2	$	409

(1)	The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period.

(2)

For the three and six months ended June 30, 2019, the commercial and industrial loans that subsequently defaulted were temporarily modified to interest-only payments. For the six months ended June 30, 2018, the maturity dates for the commercial and industrial loans that subsequently defaulted were extended.

(3)	For the three and six months ended June 30, 2019, the maturity date for the residential mortgage loan that subsequently defaulted was extended.