Loans and Leases and the Allowance for Loan and Lease Losses (Tables)

6 Months Ended

Jun. 30, 2012

Loans and Leases and the Allowance for Loan and Lease Losses

Schedule of loan and lease portfolio

	June 30,		December 31,
(dollars in thousands)	2012		2011
Commercial
Commercial and Industrial	$	781,688	$	817,170
Commercial Mortgage	961,984		938,250
Construction	97,668		98,669
Lease Financing	281,020		311,928
Total Commercial	2,122,360		2,166,017
Consumer
Residential Mortgage	2,401,331		2,215,892
Home Equity	766,839		780,691
Automobile	194,339		192,506
Other 1	186,614		183,198
Total Consumer	3,549,123		3,372,287
Total Loans and Leases	$	5,671,483	$	5,538,304

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

(dollars in thousands)	Commercial			Consumer			Total
Three Months Ended June 30, 2012
Allowance for Loan and Lease Losses:
Balance at Beginning of Period	$	78,174		$	57,432		$	135,606
Loans and Leases Charged-Off	(1,078		)	(4,858		)	(5,936		)
Recoveries on Loans and Leases Previously Charged-Off	545			1,600			2,145
Net Loans and Leases Charged-Off	(533		)	(3,258		)	(3,791		)
Provision for Credit Losses	371			257			628
Balance at End of Period	$	78,012		$	54,431		$	132,443
Six Months Ended June 30, 2012
Allowance for Loan and Lease Losses:
Balance at Beginning of Period	$	80,562		$	58,044		$	138,606
Loans and Leases Charged-Off	(2,839		)	(10,856		)	(13,695		)
Recoveries on Loans and Leases Previously Charged-Off	2,574			3,979			6,553
Net Loans and Leases Charged-Off	(265		)	(6,877		)	(7,142		)
Provision for Credit Losses	(2,285		)	3,264			979
Balance at End of Period	$	78,012		$	54,431		$	132,443
As of June 30, 2012
Allowance for Loan and Lease Losses:
Individually Evaluated for Impairment	$	54		$	4,774		$	4,828
Collectively Evaluated for Impairment	77,958			49,657			127,615
Total	$	78,012		$	54,431		$	132,443
Recorded Investment in Loans and Leases:
Individually Evaluated for Impairment	$	14,131		$	32,687		$	46,818
Collectively Evaluated for Impairment	2,108,229			3,516,436			5,624,665
Total	$	2,122,360		$	3,549,123		$	5,671,483
Three Months Ended June 30, 2011
Allowance for Loan and Lease Losses:
Balance at Beginning of Period	$	87,533		$	59,825		$	147,358
Loans and Leases Charged-Off	(1,507		)	(7,514		)	(9,021		)
Recoveries on Loans and Leases Previously Charged-Off	443			2,596			3,039
Net Loans and Leases Charged-Off	(1,064		)	(4,918		)	(5,982		)
Provision for Credit Losses	2,516			1,084			3,600
Balance at End of Period	$	88,985		$	55,991		$	144,976
Six Months Ended June 30, 2011
Allowance for Loan and Lease Losses:
Balance at Beginning of Period	$	80,977		$	66,381		$	147,358
Loans and Leases Charged-Off	(3,164		)	(13,217		)	(16,381		)
Recoveries on Loans and Leases Previously Charged-Off	1,065			4,643			5,708
Net Loans and Leases Charged-Off	(2,099		)	(8,574		)	(10,673		)
Provision for Credit Losses	10,107			(1,816		)	8,291
Balance at End of Period	$	88,985		$	55,991		$	144,976
As of June 30, 2011
Allowance for Loan and Lease Losses:
Individually Evaluated for Impairment	$	-		$	3,875		$	3,875
Collectively Evaluated for Impairment	88,985			52,116			141,101
Total	$	88,985		$	55,991		$	144,976
Recorded Investment in Loans and Leases:
Individually Evaluated for Impairment	$	5,109		$	24,348		$	29,457
Collectively Evaluated for Impairment	2,081,294			3,240,722			5,322,016
Total	$	2,086,403		$	3,265,070		$	5,351,473

Schedule of recorded investment in loans and leases by class and by credit quality indicator

	June 30, 2012
(dollars in thousands)	Commercial and Industrial		Commercial Mortgage		Construction		Lease Financing		Total Commercial
Pass	$	729,709	$	883,119	$	80,888	$	253,636	$	1,947,352
Special Mention	24,640		37,066		6,910		25,912		94,528
Classified	27,339		41,799		9,870		1,472		80,480
Total	$	781,688	$	961,984	$	97,668	$	281,020	$	2,122,360
(dollars in thousands)	Residential Mortgage		Home Equity		Automobile		Other 1		Total Consumer
Pass	$	2,374,155	$	763,187	$	194,241	$	186,220	$	3,517,803
Classified	27,176		3,652		98		394		31,320
Total	$	2,401,331	$	766,839	$	194,339	$	186,614	$	3,549,123
Total Recorded Investment in Loans and Leases									$	5,671,483

	December 31, 2011
(dollars in thousands)	Commercial and Industrial		Commercial Mortgage		Construction		Lease Financing		Total Commercial
Pass	$	765,339	$	859,891	$	83,722	$	282,081	$	1,991,033
Special Mention	30,316		43,805		370		26,257		100,748
Classified	21,515		34,554		14,577		3,590		74,236
Total	$	817,170	$	938,250	$	98,669	$	311,928	$	2,166,017
(dollars in thousands)	Residential Mortgage		Home Equity		Automobile		Other 1		Total Consumer
Pass	$	2,186,063	$	776,473	$	192,336	$	182,431	$	3,337,303
Classified	29,829		4,218		170		767		34,984
Total	$	2,215,892	$	780,691	$	192,506	$	183,198	$	3,372,287
Total Recorded Investment in Loans and Leases									$	5,538,304

1  Comprised of other revolving credit, installment, and lease financing.

Schedule of aging analysis by class of loan and lease portfolio

(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 June 30, 2012
Commercial
Commercial and Industrial	$	685	$	1,276	$	1	$	5,778	$	7,740	$	773,948	$	781,688	$	5,147
Commercial Mortgage	-		-		-		2,737		2,737		959,247		961,984		2,512
Construction	-		-		-		1,182		1,182		96,486		97,668		1,182
Lease Financing	-		14		-		-		14		281,006		281,020		-
Total Commercial	685		1,290		1		9,697		11,673		2,110,687		2,122,360		8,841
Consumer
Residential Mortgage	6,280		4,155		4,229		26,803		41,467		2,359,864		2,401,331		4,621
Home Equity	4,337		2,352		2,445		2,425		11,559		755,280		766,839		342
Automobile	2,993		353		98		-		3,444		190,895		194,339		-
Other 1	1,651		1,102		395		-		3,148		183,466		186,614		-
Total Consumer	15,261		7,962		7,167		29,228		59,618		3,489,505		3,549,123		4,963
Total	$	15,946	$	9,252	$	7,168	$	38,925	$	71,291	$	5,600,192	$	5,671,483	$	13,804
As of December 31, 2011
Commercial
Commercial and Industrial	$	2,959	$	743	$	1	$	6,243	$	9,946	$	807,224	$	817,170	$	5,661
Commercial Mortgage	678		-		-		2,140		2,818		935,432		938,250		959
Construction	-		-		-		2,080		2,080		96,589		98,669		-
Lease Financing	-		-		-		5		5		311,923		311,928		5
Total Commercial	3,637		743		1		10,468		14,849		2,151,168		2,166,017		6,625
Consumer
Residential Mortgage	8,878		9,258		6,422		25,256		49,814		2,166,078		2,215,892		1,856
Home Equity	5,310		2,694		2,194		2,024		12,222		768,469		780,691		97
Automobile	4,095		839		170		-		5,104		187,402		192,506		-
Other 1	1,679		1,528		435		-		3,642		179,556		183,198		-
Total Consumer	19,962		14,319		9,221		27,280		70,782		3,301,505		3,372,287		1,953
Total	$	23,599	$	15,062	$	9,222	$	37,748	$	85,631	$	5,452,673	$	5,538,304	$	8,578

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

(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance for Loan Losses
June 30, 2012
Impaired Loans with No Related Allowance Recorded:
Commercial
Commercial and Industrial	$	9,033	$	14,283	$	-
Commercial Mortgage	3,029		3,529		-
Construction	1,182		1,512		-
Total Commercial	13,244		19,324		-
Total Impaired Loans with No Related Allowance Recorded	$	13,244	$	19,324	$	-
Impaired Loans with an Allowance Recorded:
Commercial
Commercial and Industrial	$	887	$	887	$	54
Total Commercial	887		887		54
Consumer
Residential Mortgage	26,669		32,565		4,706
Automobile	5,729		5,729		48
Other 1	289		289		20
Total Consumer	32,687		38,583		4,774
Total Impaired Loans with an Allowance Recorded	$	33,574	$	39,470	$	4,828
Impaired Loans:
Commercial	$	14,131	$	20,211	$	54
Consumer	32,687		38,583		4,774
Total Impaired Loans	$	46,818	$	58,794	$	4,828
December 31, 2011
Impaired Loans with No Related Allowance Recorded:
Commercial
Commercial and Industrial	$	6,176	$	13,526	$	-
Commercial Mortgage	2,140		2,640		-
Total Commercial	8,316		16,166		-
Total Impaired Loans with No Related Allowance Recorded	$	8,316	$	16,166	$	-
Impaired Loans with an Allowance Recorded:
Commercial
Commercial and Industrial	$	4,447	$	4,447	$	846
Commercial Mortgage	292		292		19
Construction	2,080		2,080		330
Total Commercial	6,819		6,819		1,195
Consumer
Residential Mortgage	25,726		30,606		4,138
Home Equity	21		21		1
Automobile	6,190		6,190		75
Other 1	528		528		42
Total Consumer	32,465		37,345		4,256
Total Impaired Loans with an Allowance Recorded	$	39,284	$	44,164	$	5,451
Impaired Loans:
Commercial	$	15,135	$	22,985	$	1,195
Consumer	32,465		37,345		4,256
Total Impaired Loans	$	47,600	$	60,330	$	5,451

1  Comprised of other revolving credit and installment financing.

Schedule of the average recorded investment and interest income recognized on impaired loans

	Three Months Ended				Three Months Ended
	June 30, 2012				June 30, 2011
(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	$	9,093	$	-	$	1,329	$	-
Commercial Mortgage	2,571		-		3,272		-
Construction	1,332		-		288		-
Total Commercial	12,996		-		4,889		-
Total Impaired Loans with No Related Allowance Recorded	$	12,996	$	-	$	4,889	$	-
Impaired Loans with an Allowance Recorded:
Commercial
Commercial and Industrial	$	918	$	31	$	2,807	$	21
Commercial Mortgage	146		4		324		5
Total Commercial	1,064		35		3,131		26
Consumer
Residential Mortgage	25,133		77		23,595		95
Home Equity	-		-		21		-
Automobile	5,803		149		5,796		145
Other 1	402		3		600		8
Total Consumer	31,338		229		30,012		248
Total Impaired Loans with an Allowance Recorded	$	32,402	$	264	$	33,143	$	274
Impaired Loans:
Commercial	$	14,060	$	35	$	8,020	$	26
Consumer	31,338		229		30,012		248
Total Impaired Loans	$	45,398	$	264	$	38,032	$	274

	Six Months Ended				Six Months Ended
	June 30, 2012				June 30, 2011
(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	$	8,121	$	-	$	1,407	$	-
Commercial Mortgage	2,427		-		3,307		-
Construction	888		-		192		-
Total Commercial	11,436		-		4,906		-
Total Impaired Loans with No Related Allowance Recorded	$	11,436	$	-	$	4,906	$	-
Impaired Loans with an Allowance Recorded:
Commercial
Commercial and Industrial	$	2,094	$	64	$	3,590	$	89
Commercial Mortgage	195		8		363		9
Construction	693		-		96		-
Total Commercial	2,982		72		4,049		98
Consumer
Residential Mortgage	25,330		157		22,749		174
Home Equity	7		-		21		-
Automobile	5,932		303		5,812		288
Other 1	444		10		494		14
Total Consumer	31,713		470		29,076		476
Total Impaired Loans with an Allowance Recorded	$	34,695	$	542	$	33,125	$	574
Impaired Loans:
Commercial	$	14,418	$	72	$	8,955	$	98
Consumer	31,713		470		29,076		476
Total Impaired Loans	$	46,131	$	542	$	38,031	$	574

1  Comprised of other revolving credit and installment financing.

Schedule of loans modified in a TDR

	Loans Modified as a TDR for the					Loans Modified as a TDR for the
	Three Months Ended June 30, 2012					Six Months Ended June 30, 2012
		Recorded		Increase in			Recorded		Increase in
Troubled Debt Restructurings 1	Number of	Investment		Allowance		Number of	Investment		Allowance
(dollars in thousands)	Contracts	(as of period end)		(as of period end)		Contracts	(as of period end)		(as of period end)
Commercial
Commercial and Industrial	1	$	45	$	3	1	$	45	$	3
Construction	1	1,182		-		1	1,182		-
Total Commercial	2	1,227		3		2	1,227		3
Consumer
Residential Mortgage	5	4,367		826		5	4,367		826
Automobile	48	516		4		88	934		8
Total Consumer	53	4,883		830		93	5,301		834
Total	55	$	6,110	$	833	95	$	6,528	$	837

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.

Schedule of loans modified in a TDR that defaulted during the period, and within twelve months of their modification date by class

	Three Months Ended June 30, 2012			Six Months Ended June 30, 2012
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
Consumer
Residential Mortgage	-	$	-	2	$	702
Automobile	3	27		4	37
Total Consumer	3	27		6	739
Total	3	$	27	6	$	739

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.