XML 49 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1
Bank Loans (Tables)
 6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Schedule Of Balance And Associated Percentage Of Each Major Loan Category In Bank Loan Portfolio

 

 

 

June 30, 2017

 

 

December 31, 2016

 

 

 

Balance

 

 

Percent

 

 

Balance

 

 

Percent

 

Residential real estate

 

$

2,248,528

 

 

 

36.2

%

 

$

2,161,400

 

 

 

38.4

%

Commercial and industrial

 

 

2,064,052

 

 

 

33.2

 

 

 

1,710,399

 

 

 

30.3

 

Securities-based loans

 

 

1,755,592

 

 

 

28.3

 

 

 

1,614,033

 

 

 

28.6

 

Commercial real estate

 

 

71,517

 

 

 

1.2

 

 

 

78,711

 

 

 

1.4

 

Consumer

 

 

42,666

 

 

 

0.7

 

 

 

45,391

 

 

 

0.8

 

Home equity lines of credit

 

 

14,303

 

 

 

0.2

 

 

 

15,008

 

 

 

0.3

 

Construction and land

 

 

17,155

 

 

 

0.2

 

 

 

12,623

 

 

 

0.2

 

Gross bank loans

 

 

6,213,813

 

 

 

100.0

%

 

 

5,637,565

 

 

 

100.0

%

Unamortized loan premium/(discount), net

 

 

1,113

 

 

 

 

 

 

 

858

 

 

 

 

 

Unamortized loan fees, net of loan fees

 

 

75

 

 

 

 

 

 

 

(49

)

 

 

 

 

Loans in process

 

 

(706

)

 

 

 

 

 

 

(2,021

)

 

 

 

 

Allowance for loan losses

 

 

(54,202

)

 

 

 

 

 

 

(45,163

)

 

 

 

 

Bank loans, net

 

$

6,160,093

 

 

 

 

 

 

$

5,591,190

 

 

 

 

 

 
Activity In The Allowance For Loan Losses By Portfolio Segment

 

 

 

Three Months Ended June 30, 2017

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

38,789

 

 

$

2,266

 

 

$

(250

)

 

$

—

 

 

$

40,805

 

Securities-based loans

 

 

3,393

 

 

 

207

 

 

 

—

 

 

 

—

 

 

 

3,600

 

Consumer

 

 

107

 

 

 

(2

)

 

 

—

 

 

 

—

 

 

 

105

 

Residential real estate

 

 

4,190

 

 

 

1,379

 

 

 

—

 

 

 

—

 

 

 

5,569

 

Commercial real estate

 

 

1,618

 

 

 

2,017

 

 

 

(2,703

)

 

 

—

 

 

 

932

 

Home equity lines of credit

 

 

285

 

 

 

(3

)

 

 

—

 

 

 

1

 

 

 

283

 

Construction and land

 

 

437

 

 

 

(213

)

 

 

—

 

 

 

—

 

 

 

224

 

Qualitative

 

 

2,479

 

 

 

205

 

 

 

—

 

 

 

—

 

 

 

2,684

 

 

 

$

51,298

 

 

$

5,856

 

 

$

(2,953

)

 

$

1

 

 

$

54,202

 

 

 

 

Six Months Ended June 30, 2017

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

35,127

 

 

$

5,928

 

 

$

(250

)

 

$

—

 

 

$

40,805

 

Securities-based loans

 

 

3,094

 

 

 

506

 

 

 

—

 

 

 

—

 

 

 

3,600

 

Consumer

 

 

129

 

 

 

(24

)

 

 

—

 

 

 

—

 

 

 

105

 

Residential real estate

 

 

2,660

 

 

 

2,909

 

 

 

—

 

 

 

—

 

 

 

5,569

 

Commercial real estate

 

 

1,363

 

 

 

2,272

 

 

 

(2,703

)

 

 

—

 

 

 

932

 

Home equity lines of credit

 

 

371

 

 

 

(89

)

 

 

—

 

 

 

1

 

 

 

283

 

Construction and land

 

 

232

 

 

 

(8

)

 

 

—

 

 

 

—

 

 

 

224

 

Qualitative

 

 

2,187

 

 

 

497

 

 

 

—

 

 

 

—

 

 

 

2,684

 

 

 

$

45,163

 

 

$

11,991

 

 

$

(2,953

)

 

$

1

 

 

$

54,202

 

 

 

 

Three Months Ended June 30, 2016

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

27,700

 

 

$

2,116

 

 

$

—

 

 

$

—

 

 

$

29,816

 

Securities-based loans

 

 

1,605

 

 

 

126

 

 

 

—

 

 

 

—

 

 

 

1,731

 

Consumer

 

 

84

 

 

 

23

 

 

 

—

 

 

 

—

 

 

 

107

 

Residential real estate

 

 

1,330

 

 

 

210

 

 

 

(13

)

 

 

2

 

 

 

1,529

 

Commercial real estate

 

 

1,289

 

 

 

(780

)

 

 

—

 

 

 

3

 

 

 

512

 

Home equity lines of credit

 

 

267

 

 

 

16

 

 

 

—

 

 

 

—

 

 

 

283

 

Construction and land

 

 

118

 

 

 

26

 

 

 

—

 

 

 

—

 

 

 

144

 

Qualitative

 

 

1,657

 

 

 

87

 

 

 

—

 

 

 

—

 

 

 

1,744

 

 

 

$

34,050

 

 

$

1,824

 

 

$

(13

)

 

$

5

 

 

$

35,866

 

 

 

 

 

Six Months Ended June 30, 2016

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

24,748

 

 

$

5,068

 

 

$

—

 

 

$

—

 

 

$

29,816

 

Securities-based loans

 

 

1,607

 

 

 

124

 

 

 

—

 

 

 

—

 

 

 

1,731

 

Consumer

 

 

105

 

 

 

2

 

 

 

—

 

 

 

—

 

 

 

107

 

Residential real estate

 

 

1,241

 

 

 

298

 

 

 

(13

)

 

 

3

 

 

 

1,529

 

Commercial real estate

 

 

264

 

 

 

241

 

 

 

—

 

 

 

7

 

 

 

512

 

Home equity lines of credit

 

 

290

 

 

 

(7

)

 

 

—

 

 

 

—

 

 

 

283

 

Construction and land

 

 

78

 

 

 

66

 

 

 

—

 

 

 

—

 

 

 

144

 

Qualitative

 

 

1,454

 

 

 

290

 

 

 

—

 

 

 

—

 

 

 

1,744

 

 

 

$

29,787

 

 

$

6,082

 

 

$

(13

)

 

$

10

 

 

$

35,866

 

 
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

 

 

$

5,545

 

 

$

5,569

 

 

$

174

 

 

$

2,248,354

 

 

$

2,248,528

 

Commercial and industrial

 

 

2,155

 

 

 

38,650

 

 

 

40,805

 

 

 

13,949

 

 

 

2,050,103

 

 

 

2,064,052

 

Securities-based loans

 

 

—

 

 

 

3,600

 

 

 

3,600

 

 

 

—

 

 

 

1,755,592

 

 

 

1,755,592

 

Commercial real estate

 

 

—

 

 

 

932

 

 

 

932

 

 

 

—

 

 

 

71,517

 

 

 

71,517

 

Consumer

 

 

4

 

 

 

101

 

 

 

105

 

 

 

4

 

 

 

42,662

 

 

 

42,666

 

Home equity lines of credit

 

 

149

 

 

 

134

 

 

 

283

 

 

 

323

 

 

 

13,980

 

 

 

14,303

 

Construction and land

 

 

—

 

 

 

224

 

 

 

224

 

 

 

—

 

 

 

17,155

 

 

 

17,155

 

Qualitative

 

 

—

 

 

 

2,684

 

 

 

2,684

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

2,332

 

 

$

51,870

 

 

$

54,202

 

 

$

14,450

 

 

$

6,199,363

 

 

$

6,213,813

 

 

 

 

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

 

 
Loans That Were Individually Evaluated For Impairment By Portfolio Segment

 

 

 

June 30, 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

 

$

13,949

 

 

$

—

 

 

$

13,949

 

 

$

13,949

 

 

$

2,155

 

 

$

16,921

 

Consumer

 

 

679

 

 

 

—

 

 

 

4

 

 

 

4

 

 

 

4

 

 

 

7

 

Residential real estate

 

 

174

 

 

 

—

 

 

 

174

 

 

 

174

 

 

 

24

 

 

 

176

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

 

 

323

 

 

 

149

 

 

 

323

 

Total

 

$

15,125

 

 

$

—

 

 

$

14,450

 

 

$

14,450

 

 

$

2,332

 

 

$

17,427

 

 

 

 

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

 

Total

 

$

28,742

 

 

$

—

 

 

$

26,934

 

 

$

26,934

 

 

$

3,375

 

 

$

32,242

 

 
Aging Of The Recorded Investment In Past Due Loans

 

 

 

As of June 30, 2017

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total Past

Due

 

 

Current

Balance

 

 

Total

 

Residential real estate

 

$

1,035

 

 

$

—

 

 

$

1,035

 

 

$

2,247,493

 

 

$

2,248,528

 

Commercial and industrial

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,064,052

 

 

 

2,064,052

 

Securities-based loans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,755,592

 

 

 

1,755,592

 

Commercial real estate

 

 

—

 

 

 

—

 

 

 

—

 

 

 

71,517

 

 

 

71,517

 

Consumer

 

 

6

 

 

 

2

 

 

 

8

 

 

 

42,658

 

 

 

42,666

 

Home equity lines of credit

 

 

—

 

 

 

184

 

 

 

184

 

 

 

14,119

 

 

 

14,303

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

17,155

 

 

 

17,155

 

Total

 

$

1,041

 

 

$

186

 

 

$

1,227

 

 

$

6,212,586

 

 

$

6,213,813

 

 

 

 

As of June 30, 2017 *

 

 

 

Non-Accrual

 

 

Restructured (1)

 

 

Total

 

Commercial and industrial

 

$

4,951

 

 

$

8,998

 

 

$

13,949

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

Residential real estate

 

 

—

 

 

 

174

 

 

 

174

 

Consumer

 

 

4

 

 

 

—

 

 

 

4

 

Total

 

$

5,278

 

 

$

9,172

 

 

$

14,450

 

 

(1)

On non-accrual status.

*

There were no loans past due 90 days and still accruing interest at June 30, 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

 

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 June 30, 2017

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Residential real estate

 

$

2,248,238

 

 

$

116

 

 

$

174

 

 

$

—

 

 

$

2,248,528

 

Commercial and industrial

 

 

2,035,973

 

 

 

12,635

 

 

 

15,444

 

 

 

—

 

 

 

2,064,052

 

Securities-based loans

 

 

1,755,592

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,755,592

 

Commercial real estate

 

 

71,517

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

71,517

 

Consumer

 

 

42,662

 

 

 

—

 

 

 

4

 

 

 

—

 

 

 

42,666

 

Home equity lines of credit

 

 

13,980

 

 

 

—

 

 

 

323

 

 

 

—

 

 

 

14,303

 

Construction and land

 

 

17,155

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

17,155

 

Total

 

$

6,185,117

 

 

$

12,751

 

 

$

15,945

 

 

$

—

 

 

$

6,213,813

 

 

 

 

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