Loans and Loans Held for Sale (Tables)

12 Months Ended

Dec. 31, 2013

Receivables [Abstract]

Composition of Loans

The following table indicates the composition of the loans as of the dates presented:

	December 31,
(dollars in thousands)	2013		2012
Commercial
Commercial real estate	$	1,607,756	$	1,452,133
Commercial and industrial		842,449		791,396
Commercial construction		143,675		168,143
Total Commercial Loans		2,593,880		2,411,672
Consumer
Residential mortgage		487,092		427,303
Home equity		414,195		431,335
Installment and other consumer		67,883		73,875
Consumer construction		3,149		2,437
Total Consumer Loans		972,319		934,950
Total Portfolio Loans		3,566,199		3,346,622
Loans held for sale		2,136		22,499
Total Loans	$	3,568,335	$	3,369,121

Restructured Loans for Periods Presented

The following table summarizes the restructured loans as of the dates presented:

	December 31, 2013						December 31, 2012
(dollars in thousands)	Performing TDRs		Nonperforming TDRs		Total TDRs		Performing TDRs		Nonperforming TDRs		Total TDRs
Commercial real estate	$	19,711	$	3,898	$	23,609	$	14,220	$	9,584	$	23,804
Commercial and industrial		7,521		1,884		9,405		8,270		939		9,209
Commercial construction		5,338		2,708		8,046		11,734		5,324		17,058
Residential mortgage		2,581		1,356		3,937		3,078		2,752		5,830
Home equity		3,924		218		4,142		4,195		341		4,536
Installment and other consumer		154		3		157		24		—		24
Total	$	39,229	$	10,067	$	49,296	$	41,521	$	18,940	$	60,461

Restructured Loans for Periods Stated

The following tables present the restructured loans for the 12 months ended December 31:

	2013
(dollars in thousands)	Number of Loans		Pre-Modification Outstanding Recorded Investment(1)		Post-Modification Outstanding Recorded Investment(1)		Total Difference in Recorded Investment
Commercial real estate
Principal deferral		4	$	2,772	$	2,494	$	(278	)
Interest rate reduction and maturity date extension		2		664		636		(28	)
Principal forgiveness(2)		1		4,339		4,216		(123	)
Maturity date extension		1		219		219		—
Chapter 7 bankruptcy(3)		6		227		190		(37	)
Commercial and industrial
Principal deferral		2		670		638		(32	)
Maturity date extension		1		751		739		(12	)
Chapter 7 bankruptcy(3)		1		3		1		(2	)
Residential mortgage
Principal deferral		2		153		149		(4	)
Interest rate reduction		1		54		54		—
Chapter 7 bankruptcy(3)		8		617		592		(25	)
Home equity
Principal deferral		1		174		17		(157	)
Chapter 7 bankruptcy(3)		30		1,032		982		(50	)
Installment and other consumer
Chapter 7 bankruptcy(3)		11		104		91		(13	)
Total by Concession Type
Principal deferral		9		3,769		3,298		(471	)
Interest rate reduction		1		54		54		—
Interest rate reduction and maturity date extension		2		664		636		(28	)
Principal forgiveness(2)		1		4,339		4,216		(123	)
Maturity date extension		2		970		958		(12	)
Chapter 7 bankruptcy(3)		56		1,983		1,856		(127	)
Total		71	$	11,779	$	11,018	$	(761	)

⁽¹⁾  Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

⁽²⁾  This loan had debt forgiveness of $0.1 million to the customer; however, the loan was previously charged off to a balance below the actual contractual balance.

⁽³⁾  Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.

	2012
(dollars in thousands)	Number of Loans		Pre-Modification Outstanding Recorded Investment(1)		Post-Modification Outstanding Recorded Investment(1)		Total Difference in Recorded Investment
Commercial real estate
Maturity date extension		3	$	704	$	693	$	(11	)
Interest rate reduction		2		1,785		1,768		(17	)
Commercial and industrial
Maturity date extension		4		2,825		2,601		(224	)
Commercial construction
Maturity date extension		6		2,894		1,874		(1,020	)
Residential mortgage
Maturity date extension		1		475		439		(36	)
Interest rate reduction		2		67		67		—
Chapter 7 bankruptcy(3)		76		2,349		2,349		—
Home Equity
Discharge of debt		161		4,530		4,530		—
Installment and other consumer
Chapter 7 bankruptcy(3)		5		25		25		—
Total by Concession Type
Maturity date extension		14		6,898		5,607		(1,291	)
Interest rate reduction		4		1,852		1,835		(17	)
Chapter 7 bankruptcy(3)		242		6,904		6,904		—
Total		260	$	15,654	$	14,346	$	(1,308	)

⁽¹⁾  Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

⁽³⁾  Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.

Summary of Nonperforming Assets of Defaulted TDRs

The following table is a summary of TDRs which defaulted during the years ended December 31, 2013 and 2012 that had been restructured within the last 12 months prior to defaulting:

	Defaulted TDRs
	For the Year Ended December 31, 2013				For the Year Ended December 31, 2012
(dollars in thousands)	Number of Defaults		Recorded Investment		Number of Defaults		Recorded Investment
Commercial real estate		1	$	75		—	$	—
Commercial and Industrial		2		438		—		—
Commercial construction		—		—		—		—
Residential real estate		8		607		—		—
Home equity		6		193		—		—
Total		17	$	1,313		—	$	—

Summary of Nonperforming Assets

The following table is a summary of nonperforming assets as of the dates presented:

	December 31,
(dollars in thousands)	2013		2012
Nonperforming Assets
Nonaccrual loans	$	12,387	$	36,018
Nonaccrual TDRs		10,067		18,940
Total nonaccrual loans		22,454		54,958
OREO		410		911
Total Nonperforming Assets	$	22,864	$	55,869

Summary of Aggregate Amount of Loans

The following table presents a summary of the aggregate amount of loans to any such persons as of December 31:

(dollars in thousands)	2013			2012
Balance at beginning of year	$	36,075		$	31,821
New loans		22,534			29,465
Repayments		(34,761	)		(25,211	)
Balance at End of Year	$	23,848		$	36,075