Summary of Changes in Allowance for Credit Losses by Loan and Lease Class |
Following is a summary of changes in the allowance for credit
losses, by loan and lease class:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at
Beginning
of Period |
|
|
Charge-
Offs |
|
|
Recoveries |
|
|
Net
Charge-
Offs |
|
|
Provision
for credit
losses |
|
|
Balance at
End of
Period |
|
Three Months Ended March 31, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial real estate
|
|
$ |
41,741 |
|
|
$ |
(1,369 |
) |
|
$ |
597 |
|
|
$ |
(772 |
) |
|
$ |
2,929 |
|
|
$ |
43,898 |
|
Commercial and industrial
|
|
|
41,023 |
|
|
|
(298 |
) |
|
|
190 |
|
|
|
(108 |
) |
|
|
6,948 |
|
|
|
47,863 |
|
Commercial leases
|
|
|
2,541 |
|
|
|
(114 |
) |
|
|
14 |
|
|
|
(100 |
) |
|
|
377 |
|
|
|
2,818 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total commercial loans and leases
|
|
|
85,305 |
|
|
|
(1,781 |
) |
|
|
801 |
|
|
|
(980 |
) |
|
|
10,254 |
|
|
|
94,579 |
|
Direct installment
|
|
|
21,587 |
|
|
|
(2,667 |
) |
|
|
454 |
|
|
|
(2,213 |
) |
|
|
1,351 |
|
|
|
20,725 |
|
Residential mortgages
|
|
|
7,909 |
|
|
|
(85 |
) |
|
|
19 |
|
|
|
(66 |
) |
|
|
(33 |
) |
|
|
7,810 |
|
Indirect installment
|
|
|
9,889 |
|
|
|
(1,942 |
) |
|
|
262 |
|
|
|
(1,680 |
) |
|
|
856 |
|
|
|
9,065 |
|
Consumer lines of credit
|
|
|
9,582 |
|
|
|
(474 |
) |
|
|
56 |
|
|
|
(418 |
) |
|
|
(197 |
) |
|
|
8,967 |
|
Other
|
|
|
1,013 |
|
|
|
(554 |
) |
|
|
6 |
|
|
|
(548 |
) |
|
|
609 |
|
|
|
1,074 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance on originated loans
and leases
|
|
|
135,285 |
|
|
|
(7,503 |
) |
|
|
1,598 |
|
|
|
(5,905 |
) |
|
|
12,840 |
|
|
|
142,220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchased credit-impaired loans
|
|
|
834 |
|
|
|
(160 |
) |
|
|
— |
|
|
|
(160 |
) |
|
|
30 |
|
|
|
704 |
|
Other acquired loans
|
|
|
5,893 |
|
|
|
(221 |
) |
|
|
306 |
|
|
|
85 |
|
|
|
(1,102 |
) |
|
|
4,876 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance on acquired loans
|
|
|
6,727 |
|
|
|
(381 |
) |
|
|
306 |
|
|
|
(75 |
) |
|
|
(1,072 |
) |
|
|
5,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance
|
|
$ |
142,012 |
|
|
$ |
(7,884 |
) |
|
$ |
1,904 |
|
|
$ |
(5,980 |
) |
|
$ |
11,768 |
|
|
$ |
147,800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial real estate
|
|
$ |
37,588 |
|
|
$ |
(1,001 |
) |
|
$ |
209 |
|
|
$ |
(792 |
) |
|
$ |
1,996 |
|
|
$ |
38,792 |
|
Commercial and industrial
|
|
|
32,645 |
|
|
|
(684 |
) |
|
|
120 |
|
|
|
(564 |
) |
|
|
722 |
|
|
|
32,803 |
|
Commercial leases
|
|
|
2,398 |
|
|
|
(93 |
) |
|
|
10 |
|
|
|
(83 |
) |
|
|
261 |
|
|
|
2,576 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total commercial loans and leases
|
|
|
72,631 |
|
|
|
(1,778 |
) |
|
|
339 |
|
|
|
(1,439 |
) |
|
|
2,979 |
|
|
|
74,171 |
|
Direct installment
|
|
|
20,538 |
|
|
|
(2,433 |
) |
|
|
269 |
|
|
|
(2,164 |
) |
|
|
2,830 |
|
|
|
21,204 |
|
Residential mortgages
|
|
|
8,024 |
|
|
|
(511 |
) |
|
|
15 |
|
|
|
(496 |
) |
|
|
943 |
|
|
|
8,471 |
|
Indirect installment
|
|
|
7,504 |
|
|
|
(1,280 |
) |
|
|
302 |
|
|
|
(978 |
) |
|
|
1,131 |
|
|
|
7,657 |
|
Consumer lines of credit
|
|
|
8,496 |
|
|
|
(410 |
) |
|
|
40 |
|
|
|
(370 |
) |
|
|
764 |
|
|
|
8,890 |
|
Other
|
|
|
759 |
|
|
|
(335 |
) |
|
|
11 |
|
|
|
(324 |
) |
|
|
419 |
|
|
|
854 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance on originated loans
and leases
|
|
|
117,952 |
|
|
|
(6,747 |
) |
|
|
976 |
|
|
|
(5,771 |
) |
|
|
9,066 |
|
|
|
121,247 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchased credit-impaired loans
|
|
|
660 |
|
|
|
(64 |
) |
|
|
19 |
|
|
|
(45 |
) |
|
|
6 |
|
|
|
621 |
|
Other acquired loans
|
|
|
7,314 |
|
|
|
(77 |
) |
|
|
330 |
|
|
|
253 |
|
|
|
(936 |
) |
|
|
6,631 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance on acquired loans
|
|
|
7,974 |
|
|
|
(141 |
) |
|
|
349 |
|
|
|
208 |
|
|
|
(930 |
) |
|
|
7,252 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total allowance
|
|
$ |
125,926 |
|
|
$ |
(6,888 |
) |
|
$ |
1,325 |
|
|
$ |
(5,563 |
) |
|
$ |
8,136 |
|
|
$ |
128,499 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary of Individual and Collective Allowance for Credit Losses and Loan and Lease Balances by Class |
Following is a summary of the individual and collective originated
allowance for credit losses and corresponding loan and lease
balances by class:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Originated Allowance |
|
|
Originated Loans and Leases
Outstanding |
|
|
|
Individually
Evaluated for
Impairment |
|
|
Collectively
Evaluated for
Impairment |
|
|
Loans and
Leases |
|
|
Individually
Evaluated for
Impairment |
|
|
Collectively
Evaluated for
Impairment |
|
March 31, 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial real estate
|
|
$ |
400 |
|
|
$ |
43,498 |
|
|
$ |
3,605,301 |
|
|
$ |
14,260 |
|
|
$ |
3,591,041 |
|
Commercial and industrial
|
|
|
5,612 |
|
|
|
42,251 |
|
|
|
2,574,321 |
|
|
|
19,679 |
|
|
|
2,554,642 |
|
Commercial leases
|
|
|
— |
|
|
|
2,818 |
|
|
|
202,605 |
|
|
|
— |
|
|
|
202,605 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total commercial loans and leases
|
|
|
6,012 |
|
|
|
88,567 |
|
|
|
6,382,227 |
|
|
|
33,939 |
|
|
|
6,348,288 |
|
Direct installment
|
|
|
— |
|
|
|
20,725 |
|
|
|
1,686,037 |
|
|
|
— |
|
|
|
1,686,037 |
|
Residential mortgages
|
|
|
— |
|
|
|
7,810 |
|
|
|
1,105,680 |
|
|
|
— |
|
|
|
1,105,680 |
|
Indirect installment
|
|
|
— |
|
|
|
9,065 |
|
|
|
1,025,413 |
|
|
|
— |
|
|
|
1,025,413 |
|
Consumer lines of credit
|
|
|
— |
|
|
|
8,967 |
|
|
|
1,034,681 |
|
|
|
— |
|
|
|
1,034,681 |
|
Other
|
|
|
— |
|
|
|
1,074 |
|
|
|
53,666 |
|
|
|
— |
|
|
|
53,666 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
6,012 |
|
|
$ |
136,208 |
|
|
$ |
11,287,704 |
|
|
$ |
33,939 |
|
|
$ |
11,253,765 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial real estate
|
|
$ |
321 |
|
|
$ |
41,420 |
|
|
$ |
3,531,146 |
|
|
$ |
12,904 |
|
|
$ |
3,518,242 |
|
Commercial and industrial
|
|
|
2,329 |
|
|
|
38,694 |
|
|
|
2,534,351 |
|
|
|
10,802 |
|
|
|
2,523,549 |
|
Commercial leases
|
|
|
— |
|
|
|
2,541 |
|
|
|
204,553 |
|
|
|
— |
|
|
|
204,553 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total commercial loans and leases
|
|
|
2,650 |
|
|
|
82,655 |
|
|
|
6,270,050 |
|
|
|
23,706 |
|
|
|
6,246,344 |
|
Direct installment
|
|
|
— |
|
|
|
21,587 |
|
|
|
1,660,717 |
|
|
|
— |
|
|
|
1,660,717 |
|
Residential mortgages
|
|
|
— |
|
|
|
7,909 |
|
|
|
1,044,689 |
|
|
|
— |
|
|
|
1,044,689 |
|
Indirect installment
|
|
|
— |
|
|
|
9,889 |
|
|
|
996,175 |
|
|
|
— |
|
|
|
996,175 |
|
Consumer lines of credit
|
|
|
— |
|
|
|
9,582 |
|
|
|
1,021,830 |
|
|
|
— |
|
|
|
1,021,830 |
|
Other
|
|
|
— |
|
|
|
1,013 |
|
|
|
38,518 |
|
|
|
— |
|
|
|
38,518 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
2,650 |
|
|
$ |
132,635 |
|
|
$ |
11,031,979 |
|
|
$ |
23,706 |
|
|
$ |
11,008,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|