XML 48 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Bank Loans (Tables)
 3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Schedule Of Balance And Associated Percentage Of Each Major Loan Category In Bank Loan Portfolio

 

 

 

March 31, 2017

 

 

December 31, 2016

 

 

 

Balance

 

 

Percent

 

 

Balance

 

 

Percent

 

Residential real estate

 

$

2,214,356

 

 

 

37.4

%

 

$

2,161,400

 

 

 

38.4

%

Commercial and industrial

 

 

1,830,865

 

 

 

30.9

 

 

 

1,710,399

 

 

 

30.3

 

Securities-based loans

 

 

1,728,516

 

 

 

29.2

 

 

 

1,614,033

 

 

 

28.6

 

Commercial real estate

 

 

78,522

 

 

 

1.3

 

 

 

78,711

 

 

 

1.4

 

Consumer

 

 

42,856

 

 

 

0.7

 

 

 

45,391

 

 

 

0.8

 

Home equity lines of credit

 

 

14,578

 

 

 

0.3

 

 

 

15,008

 

 

 

0.3

 

Construction and land

 

 

13,931

 

 

 

0.2

 

 

 

12,623

 

 

 

0.2

 

Gross bank loans

 

 

5,923,624

 

 

 

100.0

%

 

 

5,637,565

 

 

 

100.0

%

Unamortized loan premium/(discount), net

 

 

1,039

 

 

 

 

 

 

 

858

 

 

 

 

 

Unamortized loan fees, net of loan fees

 

 

(892

)

 

 

 

 

 

 

(49

)

 

 

 

 

Loans in process

 

 

(7,925

)

 

 

 

 

 

 

(2,021

)

 

 

 

 

Allowance for loan losses

 

 

(51,298

)

 

 

 

 

 

 

(45,163

)

 

 

 

 

Bank loans, net

 

$

5,864,548

 

 

 

 

 

 

$

5,591,190

 

 

 

 

 

 
Activity In The Allowance For Loan Losses By Portfolio Segment

 

 

 

Three Months Ended March 31, 2017

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

35,127

 

 

$

3,662

 

 

$

—

 

 

$

—

 

 

$

38,789

 

Securities-based loans

 

 

3,094

 

 

 

299

 

 

 

—

 

 

 

—

 

 

 

3,393

 

Consumer

 

 

129

 

 

 

(22

)

 

 

—

 

 

 

—

 

 

 

107

 

Residential real estate

 

 

2,660

 

 

 

1,530

 

 

 

—

 

 

 

—

 

 

 

4,190

 

Commercial real estate

 

 

1,363

 

 

 

255

 

 

 

—

 

 

 

—

 

 

 

1,618

 

Home equity lines of credit

 

 

371

 

 

 

(85

)

 

 

(1

)

 

 

—

 

 

 

285

 

Construction and land

 

 

232

 

 

 

205

 

 

 

—

 

 

 

—

 

 

 

437

 

Qualitative

 

 

2,187

 

 

 

292

 

 

 

—

 

 

 

—

 

 

 

2,479

 

 

 

$

45,163

 

 

$

6,136

 

 

$

(1

)

 

$

—

 

 

$

51,298

 

 

 

 

Three Months Ended March 31, 2016

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

24,748

 

 

$

2,952

 

 

$

—

 

 

$

—

 

 

$

27,700

 

Securities-based loans

 

 

1,607

 

 

 

(2

)

 

 

—

 

 

 

—

 

 

 

1,605

 

Residential real estate

 

 

1,241

 

 

 

88

 

 

 

—

 

 

 

1

 

 

 

1,330

 

Commercial real estate

 

 

264

 

 

 

1,022

 

 

 

—

 

 

 

3

 

 

 

1,289

 

Home equity lines of credit

 

 

290

 

 

 

(23

)

 

 

—

 

 

 

—

 

 

 

267

 

Construction and land

 

 

78

 

 

 

40

 

 

 

—

 

 

 

—

 

 

 

118

 

Consumer

 

 

105

 

 

 

(21

)

 

 

—

 

 

 

—

 

 

 

84

 

Qualitative

 

 

1,454

 

 

 

203

 

 

 

—

 

 

 

—

 

 

 

1,657

 

 

 

$

29,787

 

 

$

4,259

 

 

$

—

 

 

$

4

 

 

$

34,050

 

 

 
Recorded Balance Of Loans And Amount Of Allowance Allocated Based Upon Impairment Method By Portfolio Segment

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Residential real estate

 

$

24

 

 

$

4,166

 

 

$

4,190

 

 

$

176

 

 

$

2,214,180

 

 

$

2,214,356

 

Commercial and industrial

 

 

2,453

 

 

 

36,336

 

 

 

38,789

 

 

 

18,010

 

 

 

1,812,855

 

 

 

1,830,865

 

Securities-based loans

 

 

—

 

 

 

3,393

 

 

 

3,393

 

 

 

—

 

 

 

1,728,516

 

 

 

1,728,516

 

Commercial real estate

 

 

972

 

 

 

646

 

 

 

1,618

 

 

 

9,522

 

 

 

69,000

 

 

 

78,522

 

Consumer

 

 

5

 

 

 

102

 

 

 

107

 

 

 

5

 

 

 

42,851

 

 

 

42,856

 

Home equity lines of credit

 

 

148

 

 

 

137

 

 

 

285

 

 

 

323

 

 

 

14,255

 

 

 

14,578

 

Construction and land

 

 

—

 

 

 

437

 

 

 

437

 

 

 

—

 

 

 

13,931

 

 

 

13,931

 

Qualitative

 

 

—

 

 

 

2,479

 

 

 

2,479

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

3,602

 

 

$

47,696

 

 

$

51,298

 

 

$

28,036

 

 

$

5,895,588

 

 

$

5,923,624

 

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Residential real estate

 

$

24

 

 

$

2,636

 

 

$

2,660

 

 

$

178

 

 

$

2,161,222

 

 

$

2,161,400

 

Commercial and industrial

 

 

2,392

 

 

 

32,735

 

 

 

35,127

 

 

 

16,815

 

 

 

1,693,584

 

 

 

1,710,399

 

Securities-based loans

 

 

—

 

 

 

3,094

 

 

 

3,094

 

 

 

—

 

 

 

1,614,033

 

 

 

1,614,033

 

Commercial real estate

 

 

722

 

 

 

641

 

 

 

1,363

 

 

 

9,522

 

 

 

69,189

 

 

 

78,711

 

Consumer

 

 

6

 

 

 

123

 

 

 

129

 

 

 

6

 

 

 

45,385

 

 

 

45,391

 

Home equity lines of credit

 

 

231

 

 

 

140

 

 

 

371

 

 

 

413

 

 

 

14,595

 

 

 

15,008

 

Construction and land

 

 

—

 

 

 

232

 

 

 

232

 

 

 

—

 

 

 

12,623

 

 

 

12,623

 

Qualitative

 

 

—

 

 

 

2,187

 

 

 

2,187

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

3,375

 

 

$

41,788

 

 

$

45,163

 

 

$

26,934

 

 

$

5,610,631

 

 

$

5,637,565

 

 

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Securities-based loans

 

$

—

 

 

$

1,605

 

 

$

1,605

 

 

$

—

 

 

$

1,345,719

 

 

$

1,345,719

 

Commercial and industrial

 

 

1,215

 

 

 

26,485

 

 

 

27,700

 

 

 

12,148

 

 

 

1,283,170

 

 

 

1,295,318

 

Residential real estate

 

 

24

 

 

 

1,306

 

 

 

1,330

 

 

 

704

 

 

 

729,979

 

 

 

730,683

 

Commercial real estate

 

 

981

 

 

 

308

 

 

 

1,289

 

 

 

9,809

 

 

 

73,464

 

 

 

83,273

 

Consumer

 

 

14

 

 

 

70

 

 

 

84

 

 

 

18

 

 

 

31,018

 

 

 

31,036

 

Home equity lines of credit

 

 

149

 

 

 

118

 

 

 

267

 

 

 

323

 

 

 

12,188

 

 

 

12,511

 

Construction and land

 

 

—

 

 

 

118

 

 

 

118

 

 

 

—

 

 

 

6,969

 

 

 

6,969

 

Qualitative

 

 

—

 

 

 

1,657

 

 

 

1,657

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

2,383

 

 

$

31,667

 

 

$

34,050

 

 

$

23,002

 

 

$

3,482,507

 

 

$

3,505,509

 

 
Loans That Were Individually Evaluated For Impairment By Portfolio Segment

 

 

 

March 31, 2017

 

 

 

Unpaid

Contractual

Principal

Balance

 

 

Recorded

Investment

with No

Allowance

 

 

Recorded

Investment

with

Allowance

 

 

Total

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

Commercial and industrial

 

$

18,010

 

 

$

—

 

 

$

18,010

 

 

$

18,010

 

 

$

2,453

 

 

$

17,885

 

Consumer

 

 

701

 

 

 

—

 

 

 

5

 

 

 

5

 

 

 

5

 

 

 

9

 

Residential real estate

 

 

176

 

 

 

—

 

 

 

176

 

 

 

176

 

 

 

24

 

 

 

177

 

Commercial real estate

 

 

10,503

 

 

 

—

 

 

 

9,522

 

 

 

9,522

 

 

 

972

 

 

 

9,522

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

 

 

323

 

 

 

148

 

 

 

323

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

29,713

 

 

$

—

 

 

$

28,036

 

 

$

28,036

 

 

$

3,602

 

 

$

27,916

 

 

 

 

December 31, 2016

 

 

 

Unpaid

Contractual

Principal

Balance

 

 

Recorded

Investment

with No

Allowance

 

 

Recorded

Investment

with

Allowance

 

 

Total

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

Commercial and industrial

 

$

16,815

 

 

 

—

 

 

$

16,815

 

 

$

16,815

 

 

$

2,392

 

 

$

22,559

 

Commercial real estate

 

 

10,503

 

 

 

—

 

 

 

9,522

 

 

 

9,522

 

 

 

722

 

 

 

9,080

 

Consumer

 

 

833

 

 

 

—

 

 

 

6

 

 

 

6

 

 

 

6

 

 

 

9

 

Home equity lines of credit

 

 

413

 

 

 

—

 

 

 

413

 

 

 

413

 

 

 

231

 

 

 

413

 

Residential real estate

 

 

178

 

 

 

—

 

 

 

178

 

 

 

178

 

 

 

24

 

 

 

181

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

28,742

 

 

$

—

 

 

$

26,934

 

 

$

26,934

 

 

$

3,375

 

 

$

32,242

 

 
Aging Of The Recorded Investment In Past Due Loans

 

 

 

As of March 31, 2017

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total Past

Due

 

 

Current

Balance

 

 

Total

 

Residential real estate

 

$

761

 

 

$

—

 

 

$

761

 

 

$

2,213,595

 

 

$

2,214,356

 

Commercial and industrial

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,830,865

 

 

 

1,830,865

 

Securities-based loans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,728,516

 

 

 

1,728,516

 

Commercial real estate

 

 

4,000

 

 

 

9,522

 

 

 

13,522

 

 

 

65,000

 

 

 

78,522

 

Consumer

 

 

—

 

 

 

2

 

 

 

2

 

 

 

42,854

 

 

 

42,856

 

Home equity lines of credit

 

 

—

 

 

 

184

 

 

 

184

 

 

 

14,394

 

 

 

14,578

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

13,931

 

 

 

13,931

 

Total

 

$

4,761

 

 

$

9,708

 

 

$

14,469

 

 

$

5,909,155

 

 

$

5,923,624

 

 

 

 

As of March 31, 2017 *

 

 

 

Non-Accrual

 

 

Restructured (1)

 

 

Total

 

Commercial and industrial

 

$

18,010

 

 

$

—

 

 

$

18,010

 

Commercial real estate

 

 

—

 

 

 

9,522

 

 

 

9,522

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

Residential real estate

 

 

—

 

 

 

176

 

 

 

176

 

Consumer

 

 

5

 

 

 

—

 

 

 

5

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

18,338

 

 

$

9,698

 

 

$

28,036

 

(1)

On non-accrual status.

*

There were no loans past due 90 days and still accruing interest at March 31, 2017.

 

 

 

As of December 31, 2016

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total

Past Due

 

 

Current

Balance

 

 

Total

 

Residential real estate

 

$

1,923

 

 

$

—

 

 

$

1,923

 

 

$

2,159,477

 

 

$

2,161,400

 

Commercial and industrial

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,710,399

 

 

 

1,710,399

 

Securities-based loans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,614,033

 

 

 

1,614,033

 

Commercial real estate

 

 

9,522

 

 

 

—

 

 

 

9,522

 

 

 

69,189

 

 

 

78,711

 

Consumer

 

 

—

 

 

 

2

 

 

 

2

 

 

 

45,389

 

 

 

45,391

 

Home equity lines of credit

 

 

78

 

 

 

196

 

 

 

274

 

 

 

14,734

 

 

 

15,008

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,623

 

 

 

12,623

 

Total

 

$

11,523

 

 

$

198

 

 

$

11,721

 

 

$

5,625,844

 

 

$

5,637,565

 

 

 

 

As of December 31, 2016*

 

 

 

Non-Accrual

 

 

Restructured

 

 

Total

 

Commercial and industrial

 

$

16,815

 

 

$

—

 

 

$

16,815

 

Commercial real estate

 

 

—

 

 

 

9,522

 

 

 

9,522

 

Home equity lines of credit

 

 

413

 

 

 

—

 

 

 

413

 

Residential real estate

 

 

—

 

 

 

178

 

 

 

178

 

Consumer

 

 

6

 

 

 

—

 

 

 

6

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

17,234

 

 

$

9,700

 

 

$

26,934

 

 

*

There were no loans past due 90 days and still accruing interest at December 31, 2016.
Risk Category Of Loan Portfolio

 

 

 

As of March 31, 2017

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Residential real estate

 

$

2,214,180

 

 

$

—

 

 

$

176

 

 

$

—

 

 

$

2,214,356

 

Commercial and industrial

 

 

1,790,574

 

 

 

8,632

 

 

 

19,681

 

 

 

11,978

 

 

 

1,830,865

 

Securities-based loans

 

 

1,728,516

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,728,516

 

Commercial real estate

 

 

69,000

 

 

 

—

 

 

 

9,522

 

 

 

—

 

 

 

78,522

 

Consumer

 

 

42,851

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

42,856

 

Home equity lines of credit

 

 

14,255

 

 

 

—

 

 

 

323

 

 

 

—

 

 

 

14,578

 

Construction and land

 

 

13,931

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

13,931

 

Total

 

$

5,873,307

 

 

$

8,632

 

 

$

29,707

 

 

$

11,978

 

 

$

5,923,624

 

 

 

 

As of December 31, 2016

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Residential real estate

 

$

2,161,223

 

 

$

—

 

 

$

177

 

 

$

—

 

 

$

2,161,400

 

Commercial and industrial

 

 

1,652,211

 

 

 

27,905

 

 

 

30,283

 

 

 

—

 

 

 

1,710,399

 

Securities-based loans

 

 

1,614,033

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,614,033

 

Commercial real estate

 

 

69,189

 

 

 

—

 

 

 

9,522

 

 

 

—

 

 

 

78,711

 

Consumer

 

 

45,385

 

 

 

—

 

 

 

6

 

 

 

—

 

 

 

45,391

 

Home equity lines of credit

 

 

14,595

 

 

 

—

 

 

 

413

 

 

 

—

 

 

 

15,008

 

Construction and land

 

 

12,623

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,623

 

Total

 

$

5,569,259

 

 

$

27,905

 

 

$

40,401

 

 

$

—

 

 

$

5,637,565