Loans and the Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Loans held for sale [Table Text Block]

The following table presents loans held-for-sale by loan segment as of December 31, 2017 and December 31, 2016:

	2017		2016
	(dollars in thousands)
Commercial	$	-	$	70,105
Commercial real estate		24,475		7,712
Residential mortgage loans		370		188
Total carrying amount	$	24,845	$	78,005

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table sets forth the composition of the Company’s loan portfolio segments, including net deferred fees, as of December 31, 2017 and December 31, 2016:

	2017		2016
	(dollars in thousands)
Commercial	$	824,082	$	553,576
Commercial real estate		2,592,909		2,204,710
Commercial construction		483,216		486,228
Residential real estate		271,795		232,547
Consumer		2,808		2,380
Gross loans		4,174,810		3,479,441
Net deferred fees		(3,354)		(3,609)
Loans receivable	$	4,171,456	$	3,475,832

Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block]

The carrying amount of those loans is as follows as of December 31, 2017 and December 31, 2016.

	2017		2016
	(dollars in thousands)
Commercial	$	2,683	$	7,098
Commercial real estate		-		982
Total carrying amount	$	2,683	$	8,080

Loans and Leases Receivable Purchased Loans [Table Text Block]

The accretable yield, or income expected to be collected, on the purchased credit-impaired loans above is as follows as of December 31, 2017 and December 31, 2016.

	2017		2016
	(dollars in thousands)
Balance at January 1,	$	2,860	$	3,599
Accretion of income		(1,473)		(739)
Balance at December 31,	$	1,387	$	2,860

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following tables present nonaccrual loans included in loans receivable by loan segment as of December 31, 2017 and December 31, 2016:

	2017		2016
	(dollars in thousands)
Commercial	$	47,363	$	1,460
Commercial real estate		12,757		1,081
Commercial construction		-		-
Residential real estate		5,493		3,193
Total loans receivable on nonaccrual status	$	65,613	$	5,734

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents information about the loan credit quality by loan segment of gross loans (which exclude net deferred fees) at December 31, 2017 and 2016:

	December 31, 2017
	Pass		Special Mention		Substandard		Doubtful		Total
	(dollars in thousands)
Commercial	$	767,020	$	3,764	$	53,298	$	-	$	824,082
Commercial real estate		2,534,973		34,335		23,601		-		2,592,909
Commercial construction		475,066		5,521		2,629		-		483,216
Residential real estate		266,163		-		5,632		-		271,795
Consumer		2,767		-		41		-		2,808
Gross loans	$	4,045,989	$	43,620	$	85,201	$	-	$	4,174,810

	December 31, 2016
	Pass		Special Mention		Substandard		Doubtful		Total
	(dollars in thousands)
Commercial	$	539,961	$	3,255	$	10,360	$	-	$	553,576
Commercial real estate		2,154,343		31,173		19,194		-		2,204,710
Commercial construction		480,319		3,388		2,521		-		486,228
Residential real estate		228,990		-		3,557		-		232,547
Consumer		2,318		-		62		-		2,380
Gross loans	$	3,405,931	$	37,816	$	35,694	$	-	$	3,479,441

Impaired Financing Receivables [Table Text Block]

The following table provides an analysis of the impaired loans by segment at December 31, 2017, 2016 and

	December 31, 2017
No Related Allowance Recorded	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
	(dollars in thousands)
Commercial	$	49,761	$	101,066			$	10,552	$	161
Commercial real estate		23,905		23,976				24,099		585
Commercial construction		6,662		6,662				5,509		322
Residential real estate		3,203		3,442				3,255		-
Consumer		-		-				-		-
Total	$	83,531	$	135,146			$	43,415	$	1,068
With An Allowance Recorded
Commercial real estate	$	1,133	$	1,133	$	39	$	1,152	$	51
Total
Commercial	$	49,761	$	101,066	$	-	$	10,765	$	161
Commercial real estate		25,038		25,109		39		25,251		636
Commercial construction		6,662		6,662		-		5,509		322
Residential real estate		3,203		3,442		-		3,255		-
Consumer		-		-		-		-		-
Total (including related allowance)	$	84,664	$	136,279	$	39	$	44,567	$	1,119

	December 31, 2016
No Related Allowance Recorded	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
	(dollars in thousands)
Commercial	$	3,637	$	4,063			$	4,052	$	64
Commercial real estate		18,288		18,288				18,532		250
Commercial construction		5,909		5,909				5,308		79
Residential real estate		1,851		2,055				1,908		19
Consumer		62		62				72		4
Total	$	29,747	$	30,377			$	29,872	$	416
With An Allowance Recorded
Commercial real estate	$	1,244	$	1,244	$	145	$	1,274	$	-
Total
Commercial	$	3,637	$	4,063	$	-	$	4,052	$	64
Commercial real estate		19,532		19,532		145		19,806		250
Commercial construction		5,909		5,909		-		5,308		79
Residential real estate		1,851		2,055		-		1,908		19
Consumer		62		62		-		72		4
Total (including related allowance)	$	30,991	$	31,621	$	145	$	31,146	$	416

	December 31, 2015
No Related Allowance Recorded	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
	(dollars in thousands)
Commercial	$	610	$	645			$	686	$	-
Commercial real estate		15,517		16,512				6,363		60
Commercial construction		2,149		2,141				1,535		-
Residential real estate		3,954		4,329				3,322		10
Consumer		87		86				96		5
Total	$	22,317	$	23,713			$	12,002	$	75
With An Allowance Recorded
Commercial	$	84,787	$	84,449	$	6,725	$	55,445	$	1,895
Total
Commercial	$	85,397	$	85,094	$	6,725	$	56,131	$	1,895
Commercial real estate		15,517		16,512		-		6,363		60
Commercial construction		2,149		2,141		-		1,535		-
Residential real estate		3,954		4,329		-		3,322		10
Consumer		87		86		-		96		5
Total	$	107,104	$	108,162	$	6,725	$	67,447	$	1,970

Past Due Financing Receivables [Table Text Block]

The following table provides an analysis of the aging of the loans by segment, excluding net deferred fees that are past due at December 31, 2017 and December 31, 2016 by class (dollars in thousands):

	December 31, 2017
	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total Loans Receivable
Commercial	$	1,708	$	183	$	1,664	$	47,363	$	50,918	$	773,164	$	824,082
Commercial real estate		545		1,475		-		12,757		14,777		2,578,132		2,592,909
Commercial construction		-		-		-		-		-		483,216		483,216
Residential real estate		1,578		-		-		5,493		7,071		264,724		271,795
Consumer		18		-		-		-		18		2,790		2,808
Total	$	3,849	$	1,658	$	1,664	$	65,613	$	72,784	$	4,102,026	$	4,174,810

The amount reported 90 days or greater past due and still accruing as of December 31, 2017 are comprised of PCI loans, net of their fair value marks, which are accreting income per their valuation at date of acquisition. There were no non-PCI loans 90 days or greater past due and still accruing as of December 31, 2017.

	December 31, 2016
	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total Loans Receivable
Commercial	$	475	$	18	$	4,630	$	1,460	$	6,583	$	546,993	$	553,576
Commercial real estate		4,928		1,584		663		1,081		8,256		2,196,454		2,204,710
Commercial construction		-		-		-		-		-		486,228		486,228
Residential real estate		2,131		388		-		3,193		5,712		226,835		232,547
Consumer		-		-		-		-		-		2,380		2,380
Total	$	7,534	$	1,990	$	5,293	$	5,734	$	20,551	$	3,458,890	$	3,479,441

Schedule of Recorded Investment in Financing Receivables [Table Text Block]

The following tables detail, at the period-end presented, the amount of gross loans (excluding loans held-for-sale) that are evaluated individually, and collectively, for impairment, those acquired with deteriorated quality, and the related portion of the allowance for loan losses that are allocated to each loan portfolio segment:

	December 31, 2017
	Commercial		Commercial real estate		Commercial construction		Residential real estate		Consumer		Unallocated		Total
	(dollars in thousands)
Allowance for loan losses
Individually evaluated for impairment	$	-	$	39	$	-	$	-	$	-	$	-	$	39
Collectively evaluated for impairment		8,032		15,472		4,747		1,051		2		605		29,909
Acquired portfolio		200		1,600		-		-		-		-		1,800
Acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total	$	8,232	$	17,111	$	4,747	$	1,051	$	2	$	605	$	31,748
Gross loans
Individually evaluated for impairment	$	49,761	$	25,038	$	6,662	$	3,203	$	-			$	84,664
Collectively evaluated for impairment		757,923		2,190,686		476,554		212,350		2,338				3,639,851
Acquired portfolio		13,715		377,185		-		56,242		470				447,612
Acquired with deteriorated credit quality		2,683		-		-		-		-				2,683
Total	$	824,082	$	2,592,909	$	483,216	$	271,795	$	2,808			$	4,174,810

	December 31, 2016
	Commercial		Commercial real estate		Commercial construction		Residential real estate		Consumer		Unallocated		Total
	(dollars in thousands)
Allowance for loan losses
Individually evaluated for impairment	$	-	$	145	$	-	$	-	$	-	$	-	$	145
Collectively evaluated for impairment		6,632		12,438		4,789		958		3		779		25,599
Acquired portfolio		-		-		-		-		-		-		-
Acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total	$	6,632	$	12,583	$	4,789	$	958	$	3	$	779	$	25,744
Gross loans
Individually evaluated for impairment	$	3,637	$	19,532	$	5,909	$	1,851	$	62			$	30,991
Collectively evaluated for impairment		517,869		1,621,745		478,865		163,686		1,757				2,783,922
Acquired portfolio		24,972		562,451		1,454		67,010		561				656,448
Acquired with deteriorated credit quality		7,098		982		-		-		-				8,080
Total	$	553,576	$	2,204,710	$	486,228	$	232,547	$	2,380			$	3,479,441

Allowance for Credit Losses on Financing Receivables [Table Text Block]

A summary of the activity in the allowance for loan losses is as follows:

	Commercial		Commercial real estate		Commercial construction		Residential real estate		Consumer		Unallocated		Total
	(dollars in thousands)
Balance at January 1, 2017	$	6,632	$	12,583	$	4,789	$	958	$	3	$	779	$	25,744
Loan charge-offs		(70)		(155)		-		-		(14)		-		(239)
Recoveries		178		51		-		12		2		-		243
Provision for loan losses		1,493		4,633		(42)		80		10		(174)		6,000
Balance at December 31, 2017	$	8,233	$	17,112	$	4,747	$	1,050	$	1	$	605	$	31,748

	Commercial		Commercial real estate		Commercial construction		Residential real estate		Consumer			Unallocated		Total
	(dollars in thousands)
Balance at January 1, 2016	$	10,949	$	10,926	$	3,253	$	976	$	4		$	464	$	26,572
Loan charge-offs		(39,343)		(107)		-		(94)		(29	)		-		(39,573)
Recoveries		4		35		-		3		3			-		45
Provision for loan losses		35,022		1,729		1,536		73		25			315		38,700
Balance at December 31, 2016	$	6,632	$	12,583	$	4,789	$	958	$	3		$	779	$	25,744

	Commercial		Commercial real estate		Commercial construction		Residential real estate		Consumer		Unallocated		Total
	(dollars in thousands)
Balance at January 1, 2015	$	3,083	$	7,799	$	1,239	$	1,113	$	7	$	919	$	14,160
Loans charge-offs		(101)		(406)		-		-		(31)		-		(538)
Recoveries		13		327		-		2		3		-		345
Provision for loan losses		7,954		3,206		2,014		(139)		25		(455)		12,605
Balance at December 31, 2015	$	10,949	$	10,926	$	3,253	$	976	$	4	$	464	$	26,572

Allowance for Loan and Lease Losses [Table Text Block]

The following table presents loans by segment modified as troubled debt restructurings and the related changes to the allowance for loan and leases losses that occurred during the year ended December 31, 2017 and December 31, 2016:

	December 31, 2017				December 31, 2016
	(dollars in thousands)
	Recorded Investment		ALLL		Recorded Investment		ALLL
Troubled debt restructurings
Balance January 1,	$	13,818	$	-	$	86,629	$	4,500
Additions		10,378		-		26,325		8,250
Payoffs/paydowns		(3,098)				(2,616)
Transfers		(580)		-		(96,520)		-
Other		-		-		-		(12,750)
Balance December 31,	$	20,518	$	-	$	13,818	$	-

Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]

The following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December 31, 2017 (dollars in thousands):

			Pre-Modification		Post-Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Loans		Investment		Investment
	(dollars in thousands)
Troubled debt restructurings:
Commercial		1	$	692	$	692
Commercial real estate		2		3,007		3,007
Commercial construction		2		6,662		6,662
Residential real estate		1		17		17
Consumer		-		-		-
Total		6	$	10,378	$	10,378

The following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December 31, 2016:

			Pre-Modification		Post-Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Loans		Investment		Investment
	(dollars in thousands)
Troubled debt restructurings:
Commercial		19	$	22,420	$	22,420
Commercial real estate		3		2,155		2,155
Commercial construction		1		1,750		1,750
Residential real estate		-		-		-
Consumer		-		-		-
Total		23	$	26,325	$	26,325

The following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December 31, 2015:

			Pre-Modification		Post-Modification
			Outstanding		Outstanding
	Number of		Recorded		Recorded
	Loans		Investment		Investment
	(dollars in thousands)
Troubled debt restructurings:
Commercial		48	$	78,466	$	78,466
Commercial real estate		3		5,049		5,049
Commercial construction		1		661		661
Residential real estate		1		110		110
Consumer		1		4		4
Total		54	$	84,290	$	84,290