Acquired Loans (Tables)

9 Months Ended

Sep. 30, 2020

Transfers and Servicing [Abstract]

Schedule of Acquired Loans

The following table presents the carrying amount of acquired loans as of September 30, 2020 and December 31, 2019.

Acquired Loans(1)(2)

(Dollar amounts in thousands)

	As of September 30, 2020						As of December 31, 2019
	PCD		Non-PCD		Total		PCI		Non-PCI		Total
Acquired loans	$	240,379	$	1,353,223	$	1,593,602	$	167,183	$	1,216,133	$	1,383,316

(1)Included in loans in the Consolidated Statements of Financial Condition.

(2)Prior to the adoption of CECL on January 1, 2020, loans that had evidence of credit deterioration since origination and for which it was probable at acquisition that the Company would not collect all contractually required principal and interest payments were classified as PCI.