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ALLOWANCE FOR CREDIT LOSSES
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
ALLOWANCE FOR CREDIT LOSSES
ALLOWANCE FOR CREDIT LOSSES
The allowance for credit losses addresses credit losses inherent in the existing loan and lease portfolio and is presented as a reserve against loans and leases on the Consolidated Balance Sheets. Loan and lease losses are charged off against the allowance for credit losses, with recoveries of amounts previously charged off credited to the allowance for credit losses. Provisions for credit losses are charged to operations based on management’s periodic evaluation of the appropriate level of the allowance for credit losses.
Following is a summary of changes in the allowance for credit losses, by loan and lease class:

(in thousands)
Balance at
Beginning of
Period
 
Charge-
Offs
 
Recoveries
 
Net
Charge-
Offs
 
Provision
for Credit
Losses
 
Balance at
End of
Period
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
53,516

 
$
(4,254
)
 
$
765

 
$
(3,489
)
 
$
560

 
$
50,587

Commercial and industrial
53,013

 
(6,127
)
 
1,157

 
(4,970
)
 
5,646

 
53,689

Commercial leases
6,115

 
(36
)
 
14

 
(22
)
 
946

 
7,039

Other
1,995

 
(1,578
)
 
272

 
(1,306
)
 
1,307

 
1,996

Total commercial loans and leases
114,639

 
(11,995
)
 
2,208

 
(9,787
)
 
8,459

 
113,311

Direct installment
20,128

 
(2,922
)
 
463

 
(2,459
)
 
2,610

 
20,279

Residential mortgages
15,280

 
(314
)
 
16

 
(298
)
 
181

 
15,163

Indirect installment
11,955

 
(2,218
)
 
974

 
(1,244
)
 
2,690

 
13,401

Consumer lines of credit
10,408

 
(1,105
)
 
62

 
(1,043
)
 
1,096

 
10,461

Total consumer loans
57,771

 
(6,559
)
 
1,515

 
(5,044
)
 
6,577

 
59,304

Total allowance on originated loans
and leases
172,410

 
(18,554
)
 
3,723

 
(14,831
)
 
15,036

 
172,615

Purchased credit-impaired loans
622

 
—

 
—

 
—

 
2

 
624

Other acquired loans
6,215

 
(4,076
)
 
680

 
(3,396
)
 
516

 
3,335

Total allowance on acquired loans
6,837

 
(4,076
)
 
680

 
(3,396
)
 
518

 
3,959

Total allowance
$
179,247

 
$
(22,630
)
 
$
4,403

 
$
(18,227
)
 
$
15,554

 
$
176,574

Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
50,281

 
$
(4,479
)
 
$
1,102

 
$
(3,377
)
 
$
3,683

 
$
50,587

Commercial and industrial
51,963

 
(12,047
)
 
1,526

 
(10,521
)
 
12,247

 
53,689

Commercial leases
5,646

 
(207
)
 
24

 
(183
)
 
1,576

 
7,039

Other
1,843

 
(2,375
)
 
569

 
(1,806
)
 
1,959

 
1,996

Total commercial loans and leases
109,733

 
(19,108
)
 
3,221

 
(15,887
)
 
19,465

 
113,311

Direct installment
20,936

 
(6,392
)
 
903

 
(5,489
)
 
4,832

 
20,279

Residential mortgages
15,507

 
(393
)
 
107

 
(286
)
 
(58
)
 
15,163

Indirect installment
11,967

 
(4,627
)
 
1,869

 
(2,758
)
 
4,192

 
13,401

Consumer lines of credit
10,539

 
(1,636
)
 
183

 
(1,453
)
 
1,375

 
10,461

Total consumer loans
58,949

 
(13,048
)
 
3,062

 
(9,986
)
 
10,341

 
59,304

Total allowance on originated loans and leases
168,682

 
(32,156
)
 
6,283

 
(25,873
)
 
29,806

 
172,615

Purchased credit-impaired loans
635

 
—

 
—

 
—

 
(11
)
 
624

Other acquired loans
6,063

 
(4,385
)
 
1,403

 
(2,982
)
 
254

 
3,335

Total allowance on acquired loans
6,698

 
(4,385
)
 
1,403

 
(2,982
)
 
243

 
3,959

Total allowance for credit losses
$
175,380

 
$
(36,541
)
 
$
7,686

 
$
(28,855
)
 
$
30,049

 
$
176,574



(in thousands)
Balance at
Beginning of
Period
 
Charge-
Offs
 
Recoveries
 
Net
Charge-
Offs
 
Provision
for Credit
Losses
 
Balance at
End of
Period
Three Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
46,389

 
$
(318
)
 
$
505

 
$
187

 
$
382

 
$
46,958

Commercial and industrial
53,570

 
(7,736
)
 
183

 
(7,553
)
 
8,091

 
54,108

Commercial leases
3,513

 
(208
)
 
3

 
(205
)
 
814

 
4,122

Other
1,809

 
(821
)
 
353

 
(468
)
 
497

 
1,838

Total commercial loans and leases
105,281

 
(9,083
)
 
1,044

 
(8,039
)
 
9,784

 
107,026

Direct installment
20,210

 
(3,245
)
 
581

 
(2,664
)
 
3,190

 
20,736

Residential mortgages
10,210

 
(182
)
 
10

 
(172
)
 
1,214

 
11,252

Indirect installment
9,630

 
(1,966
)
 
614

 
(1,352
)
 
2,296

 
10,574

Consumer lines of credit
8,883

 
(583
)
 
150

 
(433
)
 
1,054

 
9,504

Total consumer loans
48,933

 
(5,976
)
 
1,355

 
(4,621
)
 
7,754

 
52,066

Total allowance on originated loans
and leases
154,214

 
(15,059
)
 
2,399

 
(12,660
)
 
17,538

 
159,092

Purchased credit-impaired loans
660

 
(1
)
 
—

 
(1
)
 
(19
)
 
640

Other acquired loans
5,908

 
(74
)
 
896

 
822

 
(763
)
 
5,967

Total allowance on acquired loans
6,568

 
(75
)
 
896

 
821

 
(782
)
 
6,607

Total allowance
$
160,782

 
$
(15,134
)
 
$
3,295

 
$
(11,839
)
 
$
16,756

 
$
165,699

Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
Commercial real estate
$
46,635

 
$
(1,306
)
 
$
866

 
$
(440
)
 
$
763

 
$
46,958

Commercial and industrial
47,991

 
(10,199
)
 
657

 
(9,542
)
 
15,659

 
54,108

Commercial leases
3,280

 
(714
)
 
4

 
(710
)
 
1,552

 
4,122

Other
1,392

 
(1,794
)
 
680

 
(1,114
)
 
1,560

 
1,838

Total commercial loans and leases
99,298

 
(14,013
)
 
2,207

 
(11,806
)
 
19,534

 
107,026

Direct installment
21,391

 
(6,119
)
 
1,209

 
(4,910
)
 
4,255

 
20,736

Residential mortgages
10,082

 
(362
)
 
171

 
(191
)
 
1,361

 
11,252

Indirect installment
10,564

 
(4,336
)
 
1,395

 
(2,941
)
 
2,951

 
10,574

Consumer lines of credit
9,456

 
(1,041
)
 
315

 
(726
)
 
774

 
9,504

Total consumer loans
51,493

 
(11,858
)
 
3,090

 
(8,768
)
 
9,341

 
52,066

Total allowance on originated loans and leases
150,791

 
(25,871
)
 
5,297

 
(20,574
)
 
28,875

 
159,092

Purchased credit-impaired loans
572

 
(1
)
 
—

 
(1
)
 
69

 
640

Other acquired loans
6,696

 
(556
)
 
1,165

 
609

 
(1,338
)
 
5,967

Total allowance on acquired loans
7,268

 
(557
)
 
1,165

 
608

 
(1,269
)
 
6,607

Total allowance for credit losses
$
158,059

 
$
(26,428
)
 
$
6,462

 
$
(19,966
)
 
$
27,606

 
$
165,699



Following is a summary of the individual and collective originated allowance for credit losses and corresponding originated loan and lease balances by class:

 
Originated Allowance
 
Originated Loans and Leases Outstanding
(in thousands)
Individually
Evaluated for
Impairment
 
Collectively
Evaluated for
Impairment
 
Loans and
Leases
 
Individually
Evaluated for
Impairment
 
Collectively
Evaluated for
Impairment
June 30, 2018
 
 
 
 
 
 
 
 
 
Commercial real estate
$
26

 
$
50,561

 
$
5,754,367

 
$
8,521

 
$
5,745,846

Commercial and industrial
4,392

 
49,297

 
3,797,773

 
18,482

 
3,779,291

Commercial leases
—

 
7,039

 
337,397

 
—

 
337,397

Other
—

 
1,996

 
43,351

 
—

 
43,351

Total commercial loans and leases
4,418

 
108,893

 
9,932,888

 
27,003

 
9,905,885

Direct installment
—

 
20,279

 
1,772,090

 
—

 
1,772,090

Residential mortgages
—

 
15,163

 
2,297,558

 
—

 
2,297,558

Indirect installment
—

 
13,401

 
1,746,352

 
—

 
1,746,352

Consumer lines of credit
—

 
10,461

 
1,136,293

 
—

 
1,136,293

Total consumer loans
—

 
59,304

 
6,952,293

 
—

 
6,952,293

Total
$
4,418

 
$
168,197

 
$
16,885,181

 
$
27,003

 
$
16,858,178

December 31, 2017
 
 
 
 
 
 
 
 
 
Commercial real estate
$
439

 
$
49,842

 
$
5,174,783

 
$
11,114

 
$
5,163,669

Commercial and industrial
3,215

 
48,748

 
3,495,247

 
9,872

 
3,485,375

Commercial leases
—

 
5,646

 
266,720

 
—

 
266,720

Other
—

 
1,843

 
17,063

 
—

 
17,063

Total commercial loans and leases
3,654

 
106,079

 
8,953,813

 
20,986

 
8,932,827

Direct installment
—

 
20,936

 
1,755,713

 
—

 
1,755,713

Residential mortgages
—

 
15,507

 
2,036,226

 
—

 
2,036,226

Indirect installment
—

 
11,967

 
1,448,268

 
—

 
1,448,268

Consumer lines of credit
—

 
10,539

 
1,151,470

 
—

 
1,151,470

Total consumer loans
—

 
58,949

 
6,391,677

 
—

 
6,391,677

Total
$
3,654

 
$
165,028

 
$
15,345,490

 
$
20,986

 
$
15,324,504



The above table excludes acquired loans that were pooled into groups of loans for evaluating impairment.