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Past Due Loans, Allowance For Credit Losses, Impaired Loans and TDRS (Tables)
 9 Months Ended
Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Past Due Financing Receivables
The following table presents an aging analysis of the Company’s past due loans as of September 30, 2014 and December 31, 2013. The aging is determined without regard to accrual status. The table also presents non-performing loans, consisting of non-accrual loans (the majority of which are past due) and loans 90 days or more past due and still accruing interest, as of each balance sheet date.

Aging Analysis of Past Due Loans and Non-Performing Loans by Class
(Dollar amounts in thousands)
 
Aging Analysis (Accruing and Non-accrual)
 
 
Non-performing Loans
 
Current
 
30-89 Days
Past Due
 
90 Days or
More Past
Due
 
Total
Past Due
 
Total
Loans
 
 
Non-
accrual
Loans
 
90 Days Past Due Loans, Still Accruing Interest
September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
2,197,785

 
$
6,216

 
$
4,165

 
$
10,381

 
$
2,208,166

 
 
$
19,696

 
$
1,256

Agricultural
347,179

 
—

 
332

 
332

 
347,511

 
 
361

 
—

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
1,401,990

 
1,842

 
18,690

 
20,532

 
1,422,522

 
 
16,963

 
3,840

Multi-family
557,852

 
641

 
1,196

 
1,837

 
559,689

 
 
1,536

 
—

Construction
186,363

 
—

 
7,082

 
7,082

 
193,445

 
 
7,082

 
—

Other commercial real estate
861,061

 
4,461

 
6,303

 
10,764

 
871,825

 
 
7,912

 
150

Total commercial real
  estate
3,007,266

 
6,944

 
33,271

 
40,215

 
3,047,481

 
 
33,493

 
3,990

Total corporate loans
5,552,230

 
13,160

 
37,768

 
50,928

 
5,603,158

 
 
53,550

 
5,246

Home equity
509,530

 
3,525

 
4,391

 
7,916

 
517,446

 
 
5,834

 
587

1-4 family mortgages
234,672

 
1,935

 
1,565

 
3,500

 
238,172

 
 
3,235

 
126

Installment
66,997

 
428

 
2,003

 
2,431

 
69,428

 
 
1,909

 
103

Total consumer loans
811,199

 
5,888

 
7,959

 
13,847

 
825,046

 
 
10,978

 
816

Total loans, excluding
  covered loans
6,363,429

 
19,048

 
45,727

 
64,775

 
6,428,204

 
 
64,528

 
6,062

Covered loans
73,370

 
954

 
16,551

 
17,505

 
90,875

 
 
10,905

 
7,031

Total loans
$
6,436,799

 
$
20,002

 
$
62,278

 
$
82,280

 
$
6,519,079

 
 
$
75,433

 
$
13,093

December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
1,814,660

 
$
6,872

 
$
9,106

 
$
15,978

 
$
1,830,638

 
 
$
11,767

 
$
393

Agricultural
321,156

 
134

 
412

 
546

 
321,702

 
 
519

 
—

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
1,335,027

 
2,620

 
16,038

 
18,658

 
1,353,685

 
 
17,076

 
1,315

Multi-family
330,960

 
318

 
1,595

 
1,913

 
332,873

 
 
1,848

 
—

Construction
180,083

 
23

 
6,091

 
6,114

 
186,197

 
 
6,297

 
—

Other commercial real estate
795,462

 
5,365

 
6,244

 
11,609

 
807,071

 
 
8,153

 
258

Total commercial real
  estate
2,641,532

 
8,326

 
29,968

 
38,294

 
2,679,826

 
 
33,374

 
1,573

Total corporate loans
4,777,348

 
15,332

 
39,486

 
54,818

 
4,832,166

 
 
45,660

 
1,966

Home equity
415,791

 
4,830

 
6,399

 
11,229

 
427,020

 
 
6,864

 
1,102

1-4 family mortgages
268,912

 
2,046

 
5,034

 
7,080

 
275,992

 
 
5,198

 
548

Installment
42,350

 
330

 
2,147

 
2,477

 
44,827

 
 
2,076

 
92

Total consumer loans
727,053

 
7,206

 
13,580

 
20,786

 
747,839

 
 
14,138

 
1,742

Total loans, excluding
  covered loans
5,504,401

 
22,538

 
53,066

 
75,604

 
5,580,005

 
 
59,798

 
3,708

Covered loans
94,211

 
2,232

 
37,912

 
40,144

 
134,355

 
 
20,942

 
18,081

Total loans
$
5,598,612

 
$
24,770

 
$
90,978

 
$
115,748

 
$
5,714,360

 
 
$
80,740

 
$
21,789
Allowance for Credit Losses on Financing Receivables
A rollforward of the allowance for credit losses by portfolio segment for the quarters and nine months ended September 30, 2014 and 2013 is presented in the table below.

Allowance for Credit Losses by Portfolio Segment
(Dollar amounts in thousands)
 
Commercial,
Industrial,
and
Agricultural
 
Office,
Retail, and
Industrial
 
Multi-
Family
 
Construction
 
Other
Commercial
Real Estate
 
Consumer
 
Covered
Loans
 
Reserve for
Unfunded
Commitments
 
Total
Allowance
Quarter ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
29,194

 
$
11,831

 
$
2,048

 
$
4,885

 
$
8,585

 
$
12,440

 
$
9,343

 
$
1,616

 
$
79,942

Charge-offs
(9,763
)
 
(2,514
)
 
(26
)
 
(157
)
 
(1,363
)
 
(3,148
)
 
(135
)
 
—

 
(17,106
)
Recoveries
716

 
55

 
—

 
—

 
108

 
150

 
130

 
—

 
1,159

Net charge-offs
(9,047
)
 
(2,459
)
 
(26
)
 
(157
)
 
(1,255
)
 
(2,998
)
 
(5
)
 
—

 
(15,947
)
Provision for loan
  and covered loan
  losses and other
10,458

 
265

 
(65
)
 
(3,130
)
 
189

 
3,699

 
(689
)
 
—

 
10,727

Ending balance
$
30,605

 
$
9,637

 
$
1,957

 
$
1,598

 
$
7,519

 
$
13,141

 
$
8,649

 
$
1,616

 
$
74,722

Quarter ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
31,742

 
$
11,857

 
$
3,424

 
$
4,170

 
$
16,169

 
$
12,367

 
$
14,381

 
$
2,866

 
$
96,976

Charge-offs
(2,719
)
 
(987
)
 
(112
)
 
(470
)
 
(889
)
 
(2,482
)
 
(1,636
)
 
—

 
(9,295
)
Recoveries
521

 
31

 
—

 
57

 
253

 
374

 
7

 
—

 
1,243

Net charge-offs
(2,198
)
 
(956
)
 
(112
)
 
(413
)
 
(636
)
 
(2,108
)
 
(1,629
)
 
—

 
(8,052
)
Provision for loan
  and covered loan
  losses and other
2,452

 
938

 
(31
)
 
(100
)
 
(1,218
)
 
2,425

 
304

 
(480
)
 
4,290

Ending balance
$
31,996

 
$
11,839

 
$
3,281

 
$
3,657

 
$
14,315

 
$
12,684

 
$
13,056

 
$
2,386

 
$
93,214

Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
30,381

 
$
10,405

 
$
2,017

 
$
6,316

 
$
10,817

 
$
13,010

 
$
12,559

 
$
1,616

 
$
87,121

Charge-offs
(15,542
)
 
(7,108
)
 
(383
)
 
(1,052
)
 
(3,695
)
 
(7,005
)
 
(659
)
 
—

 
(35,444
)
Recoveries
3,135

 
403

 
3

 
160

 
341

 
502

 
992

 
—

 
5,536

Net charge-offs
(12,407
)
 
(6,705
)
 
(380
)
 
(892
)
 
(3,354
)
 
(6,503
)
 
333

 
—

 
(29,908
)
Provision for loan
  and covered loan
  losses and other
12,631

 
5,937

 
320

 
(3,826
)
 
56

 
6,634

 
(4,243
)
 
—

 
17,509

Ending balance
$
30,605

 
$
9,637

 
$
1,957

 
$
1,598

 
$
7,519

 
$
13,141

 
$
8,649

 
$
1,616

 
$
74,722

Nine months ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
36,761

 
$
11,432

 
$
3,575

 
$
5,242

 
$
17,512

 
$
12,862

 
$
12,062

 
$
3,366

 
$
102,812

Charge-offs
(9,010
)
 
(3,702
)
 
(490
)
 
(1,885
)
 
(3,971
)
 
(7,369
)
 
(4,322
)
 
—

 
(30,749
)
Recoveries
3,183

 
68

 
35

 
62

 
1,614

 
894

 
18

 
—

 
5,874

Net charge-offs
(5,827
)
 
(3,634
)
 
(455
)
 
(1,823
)
 
(2,357
)
 
(6,475
)
 
(4,304
)
 
—

 
(24,875
)
Provision for loan
  and covered loan
  losses and other
1,062

 
4,041

 
161

 
238

 
(840
)
 
6,297

 
5,298

 
(980
)
 
15,277

Ending balance
$
31,996

 
$
11,839

 
$
3,281

 
$
3,657

 
$
14,315

 
$
12,684

 
$
13,056

 
$
2,386

 
$
93,214
Schedule of Loans and The Related Allowance For Credit Losses
The table below provides a breakdown of loans and the related allowance for credit losses by portfolio segment as of September 30, 2014 and December 31, 2013.

Loans and Related Allowance for Credit Losses by Portfolio Segment
(Dollar amounts in thousands)
 
Loans
 
Allowance for Credit Losses
 
Individually
Evaluated
for
Impairment
 
Collectively
Evaluated
for
Impairment
 
PCI
 
Total
 
Individually
Evaluated
for
Impairment
 
Collectively
Evaluated
for
Impairment
 
PCI
 
Total
September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, industrial, and
  agricultural
$
18,547

 
$
2,535,395

 
$
1,735

 
$
2,555,677

 
$
3,599

 
$
27,006

 
$
—

 
$
30,605

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
16,140

 
1,406,307

 
75

 
1,422,522

 
—

 
9,637

 
—

 
9,637

Multi-family
1,141

 
554,814

 
3,734

 
559,689

 
—

 
1,942

 
15

 
1,957

Construction
6,859

 
186,586

 
—

 
193,445

 
—

 
1,598

 
—

 
1,598

Other commercial real estate
4,719

 
860,410

 
6,696

 
871,825

 
—

 
7,519

 
—

 
7,519

Total commercial
  real estate
28,859

 
3,008,117

 
10,505

 
3,047,481

 
—

 
20,696

 
15

 
20,711

Total corporate loans
47,406

 
5,543,512

 
12,240

 
5,603,158

 
3,599

 
47,702

 
15

 
51,316

Consumer
—

 
816,349

 
8,697

 
825,046

 
—

 
12,588

 
553

 
13,141

Total loans, excluding
  covered loans
47,406

 
6,359,861

 
20,937

 
6,428,204

 
3,599

 
60,290

 
568

 
64,457

Covered loans
—

 
26,860

 
64,015

 
90,875

 
—

 
578

 
8,071

 
8,649

Reserve for unfunded
  commitments
—

 
—

 
—

 
—

 
—

 
1,616

 
—

 
1,616

Total loans
$
47,406

 
$
6,386,721

 
$
84,952

 
$
6,519,079

 
$
3,599

 
$
62,484

 
$
8,639

 
$
74,722

December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, industrial, and
  agricultural
$
13,178

 
$
2,137,440

 
$
1,722

 
$
2,152,340

 
$
4,046

 
$
26,335

 
$
—

 
$
30,381

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
26,348

 
1,327,337

 
—

 
1,353,685

 
214

 
10,191

 
—

 
10,405

Multi-family
1,296

 
331,445

 
132

 
332,873

 
18

 
1,999

 
—

 
2,017

Construction
5,712

 
180,485

 
—

 
186,197

 
178

 
6,138

 
—

 
6,316

Other commercial real estate
9,298

 
793,703

 
4,070

 
807,071

 
704

 
10,113

 
—

 
10,817

Total commercial
  real estate
42,654

 
2,632,970

 
4,202

 
2,679,826

 
1,114

 
28,441

 
—

 
29,555

Total corporate loans
55,832

 
4,770,410

 
5,924

 
4,832,166

 
5,160

 
54,776

 
—

 
59,936

Consumer
—

 
738,155

 
9,684

 
747,839

 
—

 
13,010

 
—

 
13,010

Total loans, excluding
  covered loans
55,832

 
5,508,565

 
15,608

 
5,580,005

 
5,160

 
67,786

 
—

 
72,946

Covered loans
—

 
30,830

 
103,525

 
134,355

 
—

 
702

 
11,857

 
12,559

Reserve for unfunded
  commitments
—

 
—

 
—

 
—

 
—

 
1,616

 
—

 
1,616

Total loans
$
55,832

 
$
5,539,395

 
$
119,133

 
$
5,714,360

 
$
5,160

 
$
70,104

 
$
11,857

 
$
87,121
Impaired Financing Receivables
The following table presents loans individually evaluated for impairment by class of loan as of September 30, 2014 and December 31, 2013. PCI loans are excluded from this disclosure.

Impaired Loans Individually Evaluated by Class
(Dollar amounts in thousands)
 
September 30, 2014
 
 
December 31, 2013
 
Recorded Investment In
 
 
 
 
Recorded Investment In
 
 
 
Loans with
No Specific
Reserve
 
Loans with
a Specific
Reserve
 
Unpaid
Principal
Balance
 
Specific
Reserve
 
 
Loans with
No Specific
Reserve
 
Loans with
a Specific
Reserve
 
Unpaid
Principal
Balance
 
Specific
Reserve
Commercial and industrial
$
2,524

 
$
16,023

 
$
40,067

 
$
2,968

 
 
$
10,047

 
$
3,131

 
$
25,887

 
$
4,046

Agricultural
—

 
—

 
—

 
—

 
 
—

 
—

 
—

 
—

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
16,140

 
—

 
25,614

 
—

 
 
23,872

 
2,476

 
35,868

 
214

Multi-family
1,141

 
—

 
1,268

 
—

 
 
1,098

 
198

 
1,621

 
18

Construction
6,859

 
—

 
8,412

 
—

 
 
4,586

 
1,126

 
10,037

 
178

Other commercial real estate
4,719

 
—

 
6,979

 
—

 
 
7,553

 
1,745

 
11,335

 
704

Total commercial real
  estate
28,859

 
—

 
42,273

 
—

 
 
37,109

 
5,545

 
58,861

 
1,114

Total impaired loans
   individually evaluated
   for impairment
$
31,383

 
$
16,023

 
$
82,340

 
$
2,968

 
 
$
47,156

 
$
8,676

 
$
84,748

 
$
5,160
Impaired Financing Receivables Continued
The following table presents the average recorded investment and interest income recognized on impaired loans by class for the quarters and nine months ended September 30, 2014 and 2013. PCI loans are excluded from this disclosure.

Average Recorded Investment and Interest Income Recognized on Impaired Loans by Class
(Dollar amounts in thousands)
 
Quarters Ended September 30,
 
2014
 
2013
 
Average
Recorded
Investment
 
Interest
Income
Recognized (1)
 
Average
Recorded
Investment
 
Interest
Income
Recognized (1)
Commercial and industrial
$
20,137

 
$
57

 
$
20,665

 
$
195

Agricultural
—

 
—

 
—

 
—

Commercial real estate:
 
 
 
 
 
 
 

Office, retail, and industrial
15,873

 
3

 
25,747

 
5

Multi-family
1,155

 
—

 
1,337

 
—

Construction
5,792

 
—

 
6,511

 
—

Other commercial real estate
5,234

 
22

 
12,511

 
16

Total commercial real estate
28,054

 
25

 
46,106

 
21

Total impaired loans
$
48,191

 
$
82

 
$
66,771

 
$
216

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
2014
 
2013
 
Average
Recorded
Investment
 
Interest
Income
Recognized (1)
 
Average
Recorded
Investment
 
Interest
Income
Recognized (1)
Commercial and industrial
$
15,222

 
$
204

 
$
22,862

 
$
198

Agricultural
—

 
—

 
—

 
—

Commercial real estate:
 
 
 
 
 
 
 
Office, retail, and industrial
20,671

 
150

 
24,415

 
15

Multi-family
1,321

 
—

 
1,071

 
—

Construction
5,537

 
—

 
5,987

 
—

Other commercial real estate
6,701

 
137

 
14,102

 
24

Total commercial real estate
34,230

 
287

 
45,575

 
39

Total impaired loans
$
49,452

 
$
491

 
$
68,437

 
$
237


(1) 
Recorded using the cash basis of accounting.
Financing Receivable Credit Quality Indicators
The following tables present credit quality indicators by class for corporate and consumer loans, excluding covered loans, as of September 30, 2014 and December 31, 2013.
Corporate Credit Quality Indicators by Class, Excluding Covered Loans
(Dollar amounts in thousands)
 
Pass
 
Special
Mention (1) (4)
 
Substandard (2) (4)
 
Non-accrual (3)
 
Total
 
 
 
 
 
 
 
 
 
 
September 30, 2014
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
2,094,453

 
$
66,429

 
$
27,588

 
$
19,696

 
$
2,208,166

Agricultural
346,851

 
299

 
—

 
361

 
347,511

Commercial real estate:
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
1,343,833

 
28,586

 
33,140

 
16,963

 
1,422,522

Multi-family
545,419

 
5,916

 
6,818

 
1,536

 
559,689

Construction
162,527

 
7,229

 
16,607

 
7,082

 
193,445

Other commercial real estate
816,679

 
22,824

 
24,410

 
7,912

 
871,825

Total commercial real estate
2,868,458

 
64,555

 
80,975

 
33,493

 
3,047,481

Total corporate loans
$
5,309,762

 
$
131,283

 
$
108,563

 
$
53,550

 
$
5,603,158

December 31, 2013
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
1,780,194

 
$
23,806

 
$
14,871

 
$
11,767

 
$
1,830,638

Agricultural
320,839

 
344

 
—

 
519

 
321,702

Commercial real estate:
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
1,284,394

 
28,677

 
23,538

 
17,076

 
1,353,685

Multi-family
326,901

 
3,214

 
910

 
1,848

 
332,873

Construction
153,949

 
8,309

 
17,642

 
6,297

 
186,197

Other commercial real estate
761,465

 
14,877

 
22,576

 
8,153

 
807,071

Total commercial real estate
2,526,709

 
55,077

 
64,666

 
33,374

 
2,679,826

Total corporate loans
$
4,627,742

 
$
79,227

 
$
79,537

 
$
45,660

 
$
4,832,166


(1) 
Loans categorized as special mention exhibit potential weaknesses that require the close attention of management since these potential weaknesses may result in the deterioration of repayment prospects in the future.
(2) 
Loans categorized as substandard exhibit a well-defined weakness or weaknesses that may jeopardize the liquidation of the debt. These loans continue to accrue interest because they are well secured and collection of principal and interest is expected within a reasonable time.
(3) 
Loans categorized as non-accrual exhibit a well-defined weakness or weaknesses that may jeopardize the liquidation of the debt or result in a loss if the deficiencies are not corrected.
(4) 
Total special mention and substandard loans includes accruing TDRs of $3.5 million as of September 30, 2014 and $2.8 million as of December 31, 2013.
Financing Receivable Credit Quality Indicators Continued
Consumer Credit Quality Indicators by Class, Excluding Covered Loans
(Dollar amounts in thousands)
 
Performing
 
Non-accrual
 
Total
September 30, 2014
 
 
 
 
 
Home equity
$
511,612

 
$
5,834

 
$
517,446

1-4 family mortgages
234,937

 
3,235

 
238,172

Installment
67,519

 
1,909

 
69,428

Total consumer loans
$
814,068

 
$
10,978

 
$
825,046

December 31, 2013
 
 
 
 
 
Home equity
$
420,156

 
$
6,864

 
$
427,020

1-4 family mortgages
270,794

 
5,198

 
275,992

Installment
42,751

 
2,076

 
44,827

Total consumer loans
$
733,701

 
$
14,138

 
$
747,839
Troubled Debt Restructuring by Class
The table below presents TDRs by class as of September 30, 2014 and December 31, 2013. A discussion of our accounting policies for TDRs can be found in Note 1, “Summary of Significant Accounting Policies.”

TDRs by Class
(Dollar amounts in thousands)
 
As of September 30, 2014
 
As of December 31, 2013
 
Accruing
 
Non-accrual (1)
 
Total
 
Accruing
 
Non-accrual (1)
 
Total
Commercial and industrial
$
2,163

 
$
15,806

 
$
17,969

 
$
6,538

 
$
2,121

 
$
8,659

Agricultural
—

 
—

 
—

 
—

 
—

 
—

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Office, retail, and industrial
592

 
—

 
592

 
10,271

 
—

 
10,271

Multi-family
616

 
237

 
853

 
1,038

 
253

 
1,291

Construction
—

 
—

 
—

 
—

 
—

 
—

Other commercial real estate
441

 
186

 
627

 
4,326

 
291

 
4,617

Total commercial real estate
1,649

 
423

 
2,072

 
15,635

 
544

 
16,179

Total corporate loans
3,812

 
16,229

 
20,041

 
22,173

 
2,665

 
24,838

Home equity
752

 
513

 
1,265

 
787

 
512

 
1,299

1-4 family mortgages
885

 
235

 
1,120

 
810

 
906

 
1,716

Installment
—

 
—

 
—

 
—

 
—

 
—

Total consumer loans
1,637

 
748

 
2,385

 
1,597

 
1,418

 
3,015

Total loans
$
5,449

 
$
16,977

 
$
22,426

 
$
23,770

 
$
4,083

 
$
27,853


(1) 
These TDRs are included in non-accrual loans in the preceding tables.
Troubled Debt Restructurings on Financing Receivables
The following table presents a summary of loans that were restructured during the quarters and nine months ended September 30, 2014 and 2013.

Loans Restructured During the Period
(Dollar amounts in thousands)
 
Number
of
Loans
 
Pre-
Modification
Recorded
Investment
 
Funds
Disbursed
 
Interest
and Escrow
Capitalized
 
Charge-offs
 
Post-
Modification
Recorded
Investment
Quarter ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
5

 
$
23,015

 
$
—

 
$
—

 
$
—

 
$
23,015

Office, retail, and industrial
1

 
417

 
—

 
—

 
—

 
417

Total TDRs restructured during the period
6

 
$
23,432

 
$
—

 
$
—

 
$
—

 
$
23,432

Quarter ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
3

 
$
369

 
$
—

 
$
—

 
$
—

 
$
369

Office, retail, and industrial
2

 
1,674

 
—

 
—

 
—

 
1,674

Other commercial real estate
1

 
10

 
—

 
—

 
—

 
10

Home equity
8

 
822

 
—

 
—

 
—

 
822

Total TDRs restructured during the period
14

 
$
2,875

 
$
—

 
$
—

 
$
—

 
$
2,875

Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
5

 
$
23,015

 
$
—

 
$
—

 
$
—

 
$
23,015

Office, retail, and industrial
1

 
417

 
—

 
—

 
—

 
417

Home equity
1

 
75

 
—

 
—

 
—

 
75

Total TDRs restructured during the period
7

 
$
23,507

 
$
—

 
$
—

 
$
—

 
$
23,507

Nine months ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
7

 
$
14,439

 
$
—

 
$
2

 
$
—

 
$
14,441

Office, retail, and industrial
6

 
2,275

 
30

 
—

 
—

 
2,305

Multi-family
5

 
1,275

 
—

 
57

 
—

 
1,332

Construction
2

 
508

 
—

 
—

 
—

 
508

Other commercial real estate
5

 
526

 
—

 
—

 
—

 
526

Home equity
9

 
947

 
—

 
—

 
—

 
947

1-4 family mortgages
1

 
132

 
—

 
4

 
—

 
136

Total TDRs restructured during the period
35

 
$
20,102

 
$
30

 
$
63

 
$
—

 
$
20,195
Schedule of Troubled Debt Restructurings That Defaulted Within Twelve Months of the Restructured Date
The following table presents TDRs that had payment defaults during the quarters and nine months ended September 30, 2014 and 2013 where the default occurred within twelve months of the restructure date.

TDRs That Defaulted Within Twelve Months of the Restructure Date
(Dollar amounts in thousands)
 
Quarters Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
 
Number
of
Loans
 
Recorded
Investment
 
Number
of
Loans
 
Recorded
Investment
 
Number
of
Loans
 
Recorded
Investment
 
Number
of
Loans
 
Recorded
Investment
Commercial and industrial
—

 
$
—

 
—

 
$
—

 
2

 
$
125

 
1

 
$
350

Other commercial real estate
—

 
—

 
—

 
—

 
—

 
—

 
3

 
354

Home equity
1

 
77

 
—

 
—

 
1

 
77

 
—

 
—

Total
1

 
$
77

 
—

 
$
—

 
3

 
$
202

 
4

 
$
704
Troubled Debt Restructuring Activity Rollforward
A rollforward of the carrying value of TDRs for the quarters and nine months ended September 30, 2014 and 2013 is presented in the following table.

TDR Rollforward
(Dollar amounts in thousands)
 
Quarters Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Accruing
 
 
 
 
 
 
 
Beginning balance
$
5,697

 
$
8,287

 
$
23,770

 
$
6,867

Additions
417

 
1,128

 
492

 
4,606

Net payments received
(109
)
 
(248
)
 
(1,219
)
 
(415
)
Returned to performing status
—

 
—

 
(18,821
)
 
(5,037
)
Net transfers from non-accrual
(556
)
 
15,162

 
1,227

 
18,308

Ending balance
5,449

 
24,329

 
5,449

 
24,329

Non-accrual
 
 
 
 
 
 
 
Beginning balance
1,700

 
18,450

 
4,083

 
10,924

Additions
23,015

 
1,747

 
23,015

 
15,589

Net payments received
(135
)
 
(201
)
 
(292
)
 
(735
)
Charge-offs
(8,159
)
 
(62
)
 
(8,345
)
 
(1,850
)
Transfers to OREO
—

 
(35
)
 
(257
)
 
(77
)
Loans sold
—

 
—

 
—

 
(806
)
Net transfers to accruing
556

 
(15,162
)
 
(1,227
)
 
(18,308
)
Ending balance
16,977

 
4,737

 
16,977

 
4,737

Total TDRs
$
22,426

 
$
29,066

 
$
22,426

 
$
29,066