Allowance for Loan and Lease Losses (Tables)

9 Months Ended

Sep. 30, 2019

Allowance for Loan and Lease Losses

Schedule of components of allowance for loan and lease losses

	Three Months Ended September 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:
Balance at beginning of period	$	31,688	$	22,204	$	5,014	$	446	$	43,420	$	33,638	$	2,125	$	138,535
Charge-offs		(514)		—		—		—		(7)		(8,015)		—		(8,536)
Recoveries		241		30		—		—		425		2,269		—		2,965
Increase (decrease) in Provision		(4,098)		(358)		(361)		(54)		241		5,838		(1,208)		—
Balance at end of period	$	27,317	$	21,876	$	4,653	$	392	$	44,079	$	33,730	$	917	$	132,964

	Nine Months Ended September 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:
Balance at beginning of period	$	34,501	$	19,725	$	5,813	$	432	$	44,906	$	35,813	$	528	$	141,718
Charge-offs		(2,514)		—		—		(24)		(7)		(24,118)		—		(26,663)
Recoveries		303		93		—		—		860		7,103		—		8,359
Increase (decrease) in Provision		(4,973)		2,058		(1,160)		(16)		(1,680)		14,932		389		9,550
Balance at end of period	$	27,317	$	21,876	$	4,653	$	392	$	44,079	$	33,730	$	917	$	132,964

	Three Months Ended September 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	$	35,239	$	20,507	$	7,606	$	557	$	43,925	$	31,509	$	1,258	$	140,601
Charge-offs		(303)		—		—		—		(125)		(5,700)		—		(6,128)
Recoveries		51		21		—		—		442		1,803		—		2,317
Increase (decrease) in Provision		(1,551)		286		(1,388)		(29)		147		6,381		614		4,460
Balance at end of period	$	33,436	$	20,814	$	6,218	$	528	$	44,389	$	33,993	$	1,872	$	141,250

	Nine Months Ended September 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		(778)		—		—		—		(159)		(18,615)		—		(19,552)
Recoveries		154		175		—		—		684		6,106		—		7,119
Increase (decrease) in Provision		54		2,595		(599)		(83)		1,012		15,253		(1,802)		16,430
Balance at end of period	$	33,436	$	20,814	$	6,218	$	528	$	44,389	$	33,993	$	1,872	$	141,250

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

	September 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	$	106	$	25	$	—	$	—	$	284	$	—	$	—	$	415
Collectively evaluated for impairment		27,211		21,851		4,653		392		43,795		33,730		917		132,549
Balance at end of period	$	27,317	$	21,876	$	4,653	$	392	$	44,079	$	33,730	$	917	$	132,964
Loans and leases:
Individually evaluated for impairment	$	8,239	$	3,577	$	—	$	—	$	14,539	$	200	$	—	$	26,555
Collectively evaluated for impairment		2,645,838		3,305,812		486,977		167,874		4,572,991		1,637,349		—		12,816,841
Balance at end of period	$	2,654,077	$	3,309,389	$	486,977	$	167,874	$	4,587,530	$	1,637,549	$	—	$	12,843,396

	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

	September 30, 2019
	Commercial		Commercial
	and		Real				Lease
(dollars in thousands)	Industrial		Estate		Construction		Financing		Total
Grade:
Pass	$	2,498,746	$	3,139,428	$	483,535	$	166,880	$	6,288,589
Special mention		119,553		125,082		308		878		245,821
Substandard		35,778		44,879		3,134		116		83,907
Total	$	2,654,077	$	3,309,389	$	486,977	$	167,874	$	6,618,317

	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

	September 30, 2019
(dollars in thousands)	Residential Mortgage		Home Equity Line		Consumer		Consumer - Auto		Credit Cards		Total
Performing	$	3,663,274	$	910,032	$	230,849	$	1,029,124	$	343,814	$	6,177,093
Non-performing and delinquent		8,150		6,074		6,032		22,242		5,488		47,986
Total	$	3,671,424	$	916,106	$	236,881	$	1,051,366	$	349,302	$	6,225,079

	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

	September 30, 2019
	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	$	1,426	$	1,204	$	750	$	3,380	$	2,650,685	$	2,654,065	$	12	$	2,654,077
Commercial real estate		699		80		—		779		3,308,577		3,309,356		33		3,309,389
Construction		—		3,169		—		3,169		483,808		486,977		—		486,977
Lease financing		—		—		—		—		167,874		167,874		—		167,874
Residential mortgage		2,499		1,553		139		4,191		3,663,274		3,667,465		3,959		3,671,424
Home equity line		1,933		949		3,192		6,074		910,032		916,106		—		916,106
Consumer		24,375		6,111		3,076		33,562		1,603,787		1,637,349		200		1,637,549
Total	$	30,932	$	13,066	$	7,157	$	51,155	$	12,788,037	$	12,839,192	$	4,204	$	12,843,396

	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

	September 30, 2019
			Unpaid
	Recorded		Principal		Related
(dollars in thousands)	Investment		Balance		Allowance
Impaired loans with no related allowance recorded:
Commercial and industrial	$	2,498	$	2,510	$	—
Commercial real estate		2,876		2,876		—
Residential mortgage		8,454		8,519		—
Consumer		200		632		—
Total	$	14,028	$	14,537	$	—
Impaired loans with a related allowance recorded:
Commercial and industrial	$	5,741	$	5,741	$	106
Commercial real estate		701		701		25
Residential mortgage		6,085		6,471		284
Total	$	12,527	$	12,913	$	415
Total impaired loans:
Commercial and industrial	$	8,239	$	8,251	$	106
Commercial real estate		3,577		3,577		25
Residential mortgage		14,539		14,990		284
Consumer		200		632		—
Total	$	26,555	$	27,450	$	415

	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				Nine Months Ended
	September 30, 2019				September 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	$	3,888	$	38	$	3,653	$	123
Commercial real estate		2,946		38		3,524		250
Residential mortgage		8,065		88		8,365		280
Consumer		100		—		50		—
Total	$	14,999	$	164	$	15,592	$	653
Impaired loans with a related allowance recorded:
Commercial and industrial	$	4,673	$	94	$	5,325	$	301
Commercial real estate		706		10		714		30
Residential mortgage		6,608		98		6,882		297
Total	$	11,987	$	202	$	12,921	$	628
Total impaired loans:
Commercial and industrial	$	8,561	$	132	$	8,978	$	424
Commercial real estate		3,652		48		4,238		280
Residential mortgage		14,673		186		15,247		577
Consumer		100		—		50		—
Total	$	26,986	$	366	$	28,513	$	1,281

	Three Months Ended				Nine Months Ended
	September 30, 2018				September 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	$	8,830	$	38	$	13,149	$	141
Commercial real estate		7,671		47		8,587		116
Construction		2,120		12		1,560		12
Residential mortgage		10,069		132		9,416		399
Total	$	28,690	$	229	$	32,712	$	668
Impaired loans with a related allowance recorded:
Commercial and industrial	$	5,605	$	136	$	2,875	$	402
Commercial real estate		1,106		17		996		51
Residential mortgage		7,238		77		7,461		248
Total	$	13,949	$	230	$	11,332	$	701
Total impaired loans:
Commercial and industrial	$	14,435	$	174	$	16,024	$	543
Commercial real estate		8,777		64		9,583		167
Construction		2,120		12		1,560		12
Residential mortgage		17,307		209		16,877		647
Total	$	42,639	$	459	$	44,044	$	1,369

Schedule of information related to loans modified in a TDR

	Three Months Ended					Nine Months Ended
	September 30, 2019					September 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	$	588	$	26
Residential mortgage	1		609		—	2		957		13
Total	1	$	609	$	—	6	$	1,545	$	39

(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					Nine Months Ended
	September 30, 2018					September 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	$	12
Residential mortgage	3		883		30	3		883		30
Total	3	$	883	$	30	4	$	1,333	$	42

(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			Nine Months Ended			Three Months Ended			Nine Months Ended
	September 30, 2019			September 30, 2019			September 30, 2018			September 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)	2	$	588	4	$	588	—	$	—	2	$	254
Residential mortgage(3)	—		—	1		348	—		—	—		—
Total	2	$	588	5	$	936	—	$	—	2	$	254

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

(3) For the nine months ended September 30, 2019, the maturity date for the residential mortgage loan that subsequently defaulted was extended.