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Loans and Leases and the Allowance for Loan and Lease Losses (Tables)
 3 Months Ended
Mar. 31, 2019
Loans and Leases and Allowance for Loan and Lease Losses [Abstract]  
Schedule of Loan and Lease Portfolio
The Company’s loan and lease portfolio was comprised of the following as of March 31, 2019 and December 31, 2018:

(dollars in thousands)
March 31,
2019

 
December 31,
2018

Commercial
 

 
 

Commercial and Industrial
$
1,331,345

 
$
1,331,149

Commercial Mortgage
2,381,213

 
2,302,356

Construction
132,775

 
170,061

Lease Financing
154,919

 
176,226

Total Commercial
4,000,252

 
3,979,792

Consumer
 

 
 

Residential Mortgage
3,702,553

 
3,673,796

Home Equity
1,698,666

 
1,681,442

Automobile
676,730

 
658,133

Other 1
470,408

 
455,611

Total Consumer
6,548,357

 
6,468,982

Total Loans and Leases
$
10,548,609

 
$
10,448,774

1 
Comprised of other revolving credit, installment, and lease financing.
Schedule of Portfolio Segment and Balance in Allowance Disaggregated on the Basis of Impairment Measurement Method
The following presents by portfolio segment, the activity in the Allowance for the three months ended March 31, 2019 and 2018.  The following also presents by portfolio segment, the balance in the Allowance disaggregated on the basis of the Company’s impairment measurement method and the related recorded investment in loans and leases as of March 31, 2019 and 2018.

(dollars in thousands)
Commercial

 
Consumer

 
Total

Three Months Ended March 31, 2019
 

 
 

 
 

Allowance for Loan and Lease Losses:
 

 
 

 
 

Balance at Beginning of Period
$
66,874

 
$
39,819

 
$
106,693

Loans and Leases Charged-Off
(1,986
)
 
(4,842
)
 
(6,828
)
Recoveries on Loans and Leases Previously Charged-Off
501

 
2,657

 
3,158

Net Loans and Leases Recovered (Charged-Off)
(1,485
)
 
(2,185
)
 
(3,670
)
Provision for Credit Losses
2,138

 
862

 
3,000

Balance at End of Period
$
67,527

 
$
38,496

 
$
106,023

As of March 31, 2019
 

 
 

 
 

Allowance for Loan and Lease Losses:
 

 
 

 
 

Individually Evaluated for Impairment
$
181

 
$
3,448

 
$
3,629

Collectively Evaluated for Impairment
67,346

 
35,048

 
102,394

Total
67,527

 
38,496

 
106,023

Recorded Investment in Loans and Leases:
 

 
 

 
 

Individually Evaluated for Impairment
$
15,627

 
$
42,369

 
$
57,996

Collectively Evaluated for Impairment
3,984,625

 
6,505,988

 
10,490,613

Total
$
4,000,252

 
$
6,548,357

 
$
10,548,609

 
 
 
 
 
 
Three Months Ended March 31, 2018
 

 
 

 
 

Allowance for Loan and Lease Losses:
 

 
 

 
 

Balance at Beginning of Period
$
65,822

 
$
41,524

 
$
107,346

Loans and Leases Charged-Off
(206
)
 
(5,782
)
 
(5,988
)
Recoveries on Loans and Leases Previously Charged-Off
328

 
2,127

 
2,455

Net Loans and Leases Recovered (Charged-Off)
122

 
(3,655
)
 
(3,533
)
Provision for Credit Losses
(1,834
)
 
5,959

 
4,125

Balance at End of Period
$
64,110

 
$
43,828

 
$
107,938

As of March 31, 2018
 

 
 

 
 

Allowance for Loan and Lease Losses:
 

 
 

 
 

Individually Evaluated for Impairment
$
59

 
$
3,783

 
$
3,842

Collectively Evaluated for Impairment
64,051

 
40,045

 
104,096

Total
$
64,110

 
$
43,828

 
$
107,938

Recorded Investment in Loans and Leases:
 

 
 

 
 

Individually Evaluated for Impairment
$
21,095

 
$
40,727

 
$
61,822

Collectively Evaluated for Impairment
3,771,641

 
6,083,165

 
9,854,806

Total
$
3,792,736

 
$
6,123,892

 
$
9,916,628
Schedule of Recorded Investment in Loans and Leases by Class and by Credit Quality Indicator
The following presents by class and by credit quality indicator, the recorded investment in the Company’s loans and leases as of March 31, 2019 and December 31, 2018.
 
March 31, 2019
(dollars in thousands)
Commercial
and Industrial

 
Commercial
Mortgage

 
Construction

 
Lease
Financing

 
Total
Commercial

Pass
$
1,296,226

 
$
2,309,833

 
$
131,481

 
$
153,911

 
$
3,891,451

Special Mention
18,080

 
56,233

 
—

 
4

 
74,317

Classified
17,039

 
15,147

 
1,294

 
1,004

 
34,484

Total
$
1,331,345

 
$
2,381,213

 
$
132,775

 
$
154,919

 
$
4,000,252

 
 
 
 
 
 
 
 
 
 
(dollars in thousands)
Residential
Mortgage

 
Home
Equity

 
Automobile

 
Other 1

 
Total
Consumer

Pass
$
3,696,769

 
$
1,695,120

 
$
675,996

 
$
469,375

 
$
6,537,260

Classified
5,784

 
3,546

 
734

 
1,033

 
11,097

Total
$
3,702,553

 
$
1,698,666

 
$
676,730

 
$
470,408

 
$
6,548,357

Total Recorded Investment in Loans and Leases
 
 

 
 

 
 

 
$
10,548,609

 
December 31, 2018
(dollars in thousands)
Commercial
and Industrial

 
Commercial
Mortgage

 
Construction

 
Lease
Financing

 
Total
Commercial

Pass
$
1,302,278

 
$
2,256,128

 
$
168,740

 
$
175,223

 
$
3,902,369

Special Mention
17,688

 
30,468

 
—

 
5

 
48,161

Classified
11,183

 
15,760

 
1,321

 
998

 
29,262

Total
$
1,331,149

 
$
2,302,356

 
$
170,061

 
$
176,226

 
$
3,979,792

 
 
 
 
 
 
 
 
 
 
(dollars in thousands)
Residential
Mortgage

 
Home
Equity

 
Automobile

 
Other 1

 
Total
Consumer

Pass
$
3,668,475

 
$
1,677,193

 
$
657,620

 
$
454,697

 
$
6,457,985

Classified
5,321

 
4,249

 
513

 
914

 
10,997

Total
$
3,673,796

 
$
1,681,442

 
$
658,133

 
$
455,611

 
$
6,468,982

Total Recorded Investment in Loans and Leases
 
 

 
 

 
 

 
$
10,448,774

1 
Comprised of other revolving credit, installment, and lease financing.
Schedule of Aging Analysis by Class of Loan and Lease Portfolio
The following presents by class, an aging analysis of the Company’s loan and lease portfolio as of March 31, 2019 and December 31, 2018.
(dollars in thousands)
30 - 59
Days
Past Due

 
60 - 89
Days
Past Due

 
Past Due
90 Days
or More

 
Non-Accrual

 
Total
Past Due and
Non-Accrual

 
Current

 
Total
Loans and
Leases

 
Non-Accrual
Loans and
Leases that
are Current 2

As of March 31, 2019
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and Industrial
$
7,123

 
$
10

 
$
66

 
$
393

 
$
7,592

 
$
1,323,753

 
$
1,331,345

 
$
265

Commercial Mortgage
2,674

 
—

 
—

 
5,911

 
8,585

 
2,372,628

 
2,381,213

 
5,911

Construction
200

 
—

 
—

 
—

 
200

 
132,575

 
132,775

 
—

Lease Financing
—

 
—

 
—

 
—

 
—

 
154,919

 
154,919

 
—

Total Commercial
9,997

 
10

 
66

 
6,304

 
16,377

 
3,983,875

 
4,000,252

 
6,176

Consumer
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential Mortgage
5,270

 
183

 
903

 
5,599

 
11,955

 
3,690,598

 
3,702,553

 
986

Home Equity
3,791

 
917

 
3,381

 
2,797

 
10,886

 
1,687,780

 
1,698,666

 
787

Automobile
9,585

 
1,640

 
734

 
—

 
11,959

 
664,771

 
676,730

 
—

Other 1
2,161

 
1,160

 
1,033

 
—

 
4,354

 
466,054

 
470,408

 
—

Total Consumer
20,807

 
3,900

 
6,051

 
8,396

 
39,154

 
6,509,203

 
6,548,357

 
1,773

Total
$
30,804

 
$
3,910

 
$
6,117

 
$
14,700

 
$
55,531

 
$
10,493,078

 
$
10,548,609

 
$
7,949

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2018
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and Industrial
$
3,653

 
$
118

 
$
10

 
$
542

 
$
4,323

 
$
1,326,826

 
$
1,331,149

 
$
515

Commercial Mortgage
561

 
—

 
—

 
2,040

 
2,601

 
2,299,755

 
2,302,356

 
2,040

Construction
—

 
—

 
—

 
—

 
—

 
170,061

 
170,061

 
—

Lease Financing
—

 
—

 
—

 
—

 
—

 
176,226

 
176,226

 
—

Total Commercial
4,214


118


10

 
2,582

 
6,924

 
3,972,868

 
3,979,792

 
2,555

Consumer
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential Mortgage
5,319

 
638

 
2,446

 
5,321

 
13,724

 
3,660,072

 
3,673,796

 
1,203

Home Equity
3,323

 
1,581

 
2,684

 
3,671

 
11,259

 
1,670,183

 
1,681,442

 
765

Automobile
12,372

 
2,240

 
513

 
—

 
15,125

 
643,008

 
658,133

 
—

Other 1
2,913

 
1,245

 
914

 
—

 
5,072

 
450,539

 
455,611

 
—

Total Consumer
23,927

 
5,704

 
6,557

 
8,992

 
45,180

 
6,423,802

 
6,468,982

 
1,968

Total
$
28,141

 
$
5,822

 
$
6,567

 
$
11,574

 
$
52,104

 
$
10,396,670

 
$
10,448,774

 
$
4,523

1 
Comprised of other revolving credit, installment, and lease financing.
2 
Represents non-accrual loans that are not past due 30 days or more; however, full payment of principal and interest is still not expected.
Schedule of Information Related to Impaired Loans
The following presents by class, information related to impaired loans as of March 31, 2019 and December 31, 2018.

(dollars in thousands)
Recorded
 Investment

 
Unpaid
 Principal
 Balance

 
Related 
Allowance for 
Loan Losses

March 31, 2019
 

 
 

 
 

Impaired Loans with No Related Allowance Recorded:
 

 
 

 
 

Commercial
 

 
 

 
 

Commercial and Industrial
$
5,171

 
$
5,171

 
$
—

Commercial Mortgage
5,856

 
10,972

 
—

Construction
1,294

 
1,294

 
—

Total Commercial
12,321

 
17,437

 
—

Total Impaired Loans with No Related Allowance Recorded
$
12,321

 
$
17,437

 
$
—

 
 
 
 
 
 
Impaired Loans with an Allowance Recorded:
 

 
 

 
 

Commercial
 

 
 

 
 

Commercial and Industrial
$
1,514

 
$
1,745

 
$
102

Commercial Mortgage
1,792

 
1,792

 
79

Total Commercial
3,306

 
3,537

 
181

Consumer
 

 
 

 
 

Residential Mortgage
19,313

 
23,195

 
2,777

Home Equity
3,281

 
3,281

 
350

Automobile
17,784

 
17,784

 
273

Other 1
1,991

 
1,991

 
48

Total Consumer
42,369

 
46,251

 
3,448

Total Impaired Loans with an Allowance Recorded
$
45,675

 
$
49,788

 
$
3,629

 
 
 
 
 
 
Impaired Loans:
 
 
 
 
 
Commercial
$
15,627

 
$
20,974

 
$
181

Consumer
42,369

 
46,251

 
3,448

Total Impaired Loans
$
57,996

 
$
67,225

 
$
3,629

 
 
 
 
 
 
December 31, 2018
 

 
 

 
 

Impaired Loans with No Related Allowance Recorded:
 

 
 

 
 

Commercial
 

 
 

 
 

Commercial and Industrial
$
4,587

 
$
4,587

 
$
—

Commercial Mortgage
2,712

 
6,212

 
—

Construction
1,321

 
1,321

 
—

Total Commercial
8,620

 
12,120

 
—

Total Impaired Loans with No Related Allowance Recorded
$
8,620

 
$
12,120

 
$
—

 
 
 
 
 
 
Impaired Loans with an Allowance Recorded:
 

 
 

 
 

Commercial
 

 
 

 
 

Commercial and Industrial
$
1,856

 
$
2,099

 
$
130

Commercial Mortgage
1,822

 
1,822

 
92

Total Commercial
3,678

 
3,921

 
222

Consumer
 

 
 

 
 

Residential Mortgage
19,753

 
23,635

 
3,051

Home Equity
3,359

 
3,359

 
350

Automobile
17,117

 
17,117

 
296

Other 1
2,098

 
2,098

 
57

Total Consumer
42,327

 
46,209

 
3,754

Total Impaired Loans with an Allowance Recorded
$
46,005

 
$
50,130

 
$
3,976

 
 
 
 
 
 
Impaired Loans:
 

 
 

 
 

Commercial
$
12,298

 
$
16,041

 
$
222

Consumer
42,327

 
46,209

 
3,754

Total Impaired Loans
$
54,625

 
$
62,250

 
$
3,976

1 Comprised of other revolving credit and installment financing.
Schedule of the Average Recorded Investment and Interest Income Recognized on Impaired Loans
The following presents by class, information related to the average recorded investment and interest income recognized on impaired loans for the three months ended March 31, 2019 and 2018.

 
Three Months Ended
March 31, 2019
 
Three Months Ended
March 31, 2018
(dollars in thousands)
Average Recorded
Investment

 
Interest Income
Recognized

 
Average Recorded
Investment

 
Interest Income
Recognized

Impaired Loans with No Related Allowance Recorded:
 
 
 

 
 

 
 

Commercial
 

 
 

 
 

 
 

Commercial and Industrial
$
4,879

 
$
85

 
$
8,538

 
$
113

Commercial Mortgage
4,284

 
16

 
9,097

 
87

Construction
1,308

 
21

 
1,407

 
23

Total Commercial
10,471

 
122

 
19,042

 
223

Total Impaired Loans with No Related Allowance Recorded
$
10,471

 
$
122

 
$
19,042

 
$
223

 
 
 
 
 
 
 
 
Impaired Loans with an Allowance Recorded:
 

 
 

 
 

 
 

Commercial
 

 
 

 
 

 
 

Commercial and Industrial
$
1,685

 
$
21

 
$
890

 
$
10

Commercial Mortgage
1,807

 
2

 
724

 
3

Total Commercial
3,492

 
23

 
1,614

 
13

Consumer
 

 
 

 
 

 
 

Residential Mortgage
19,533

 
196

 
20,990

 
212

Home Equity
3,320

 
38

 
1,959

 
25

Automobile
17,451

 
295

 
15,219

 
261

Other 1
2,045

 
42

 
2,697

 
52

Total Consumer
42,349

 
571

 
40,865

 
550

Total Impaired Loans with an Allowance Recorded
$
45,841

 
$
594

 
$
42,479

 
$
563

 
 
 
 
 
 
 
 
Impaired Loans:
 

 
 

 
 

 
 

Commercial
$
13,963

 
$
145

 
$
20,656

 
$
236

Consumer
42,349

 
571

 
40,865

 
550

Total Impaired Loans
$
56,312

 
$
716

 
$
61,521

 
$
786

1 
Comprised of other revolving credit and installment financing.
Schedule of Loans Modified in a TDR and TDRs that Defaulted During the Period Within 12 mos of Modification Date
The following presents by class, information related to loans modified in a TDR during the three months ended March 31, 2019 and 2018.
 
Loans Modified as a TDR for the
Three Months Ended March 31, 2019
 
Loans Modified as a TDR for the
Three Months Ended March 31, 2018
 
 

 
Recorded

 
Increase in

 
 

 
Recorded

 
Increase in

Troubled Debt Restructurings
Number of

 
Investment

 
Allowance

 
Number of

 
Investment

 
Allowance

(dollars in thousands)
Contracts

(as of period end)1
 
(as of period end)
 
 
Contracts

(as of period end)1
 
(as of period end)
 
Commercial
 

 
 

 
 

 
 

 
 

 
 

Commercial and Industrial
3

 
$
111

 
$
5

 
1

 
$
503

 
$
—

Commercial Mortgage
1

 
3,907

 
—

 
—

 
—

 
—

Total Commercial
4

 
4,018

 
5

 
1

 
503

 
—

Consumer
 

 
 

 
 

 
 

 
 

 
 

Residential Mortgage
—

 
—

 
—

 
1

 
112

 
—

Automobile
117

 
2,240

 
34

 
98

 
2,179

 
47

Other 2
39

 
229

 
6

 
80

 
547

 
14

Total Consumer
156

 
2,469

 
40

 
179

 
2,838

 
61

Total
160

 
$
6,487

 
$
45

 
180

 
$
3,341

 
$
61

1 
The period end balances reflect all paydowns and charge-offs since the modification date.  TDRs fully paid-off, charged-off, or foreclosed upon by period end are not included.
2 
Comprised of other revolving credit and installment financing.
The following presents by class, all loans modified in a TDR that defaulted during the three months ended March 31, 2019 and 2018, and within twelve months of their modification date.  A TDR is considered to be in default once it becomes 60 days or more past due following a modification.
 
Three Months Ended
March 31, 2019
 
Three Months Ended
March 31, 2018
TDRs that Defaulted During the Period,
 

 
Recorded

 
Recorded
 
Within Twelve Months of their Modification Date
Number of

 
Investment

 
Number of

 
Investment

(dollars in thousands)
Contracts

 
(as of period end)1

 
Contracts

 
(as of period end)1

Commercial
 
 
 
 
 
 
 
Commercial and Industrial
—

 
$
—

 
1

 
$
29

Commercial Mortgage
—

 
—

 
1

 
341

Total Commercial
—

 
—

 
2

 
370

 
 
 
 
 
 
 
 
Consumer
 
 
 

 
 

 
 

Home Equity
—

 
$
—

 
1

 
$
236

Automobile
14

 
266

 
25

 
435

Other 2
19

 
125

 
32

 
215

Total Consumer
33

 
391


58

 
886

Total
33

 
$
391

 
60

 
$
1,256


1 
The period end balances reflect all paydowns and charge-offs since the modification date.  TDRs fully paid-off, charged-off, or foreclosed upon by period end are not included.
2 
Comprised of other revolving credit and installment financing.