XML 51 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
Bank Loans (Tables)
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Schedule Of Balance And Associated Percentage Of Each Major Loan Category In Bank Loan Portfolio

 

 

 

June 30, 2018

 

 

December 31, 2017

 

 

 

Balance

 

 

Percent

 

 

Balance

 

 

Percent

 

Residential real estate

 

$

2,703,935

 

 

 

36.4

%

 

$

2,593,576

 

 

 

37.0

%

Commercial and industrial

 

 

2,677,096

 

 

 

36.1

 

 

 

2,437,938

 

 

 

34.8

 

Securities-based loans

 

 

1,845,592

 

 

 

24.9

 

 

 

1,819,206

 

 

 

25.9

 

Commercial real estate

 

 

127,253

 

 

 

1.7

 

 

 

116,258

 

 

 

1.7

 

Consumer

 

 

24,392

 

 

 

0.3

 

 

 

24,508

 

 

 

0.3

 

Home equity lines of credit

 

 

21,730

 

 

 

0.3

 

 

 

15,039

 

 

 

0.2

 

Construction and land

 

 

25,425

 

 

 

0.3

 

 

 

7,896

 

 

 

0.1

 

Gross bank loans

 

 

7,425,423

 

 

 

100.0

%

 

 

7,014,421

 

 

 

100.0

%

Unamortized loan premium, net

 

 

336

 

 

 

 

 

 

 

788

 

 

 

 

 

Loans in process

 

 

(7,353

)

 

 

 

 

 

 

(856

)

 

 

 

 

Unamortized loan fees, net

 

 

2,740

 

 

 

 

 

 

 

872

 

 

 

 

 

Allowance for loan losses

 

 

(73,775

)

 

 

 

 

 

 

(67,466

)

 

 

 

 

Bank loans, net

 

$

7,347,371

 

 

 

 

 

 

$

6,947,759

 

 

 

 

 

 
Activity In The Allowance For Loan Losses By Portfolio Segment

 

 

 

Three Months Ended June 30, 2018

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

56,433

 

 

$

3,139

 

 

$

—

 

 

$

—

 

 

$

59,572

 

Residential real estate

 

 

8,779

 

 

 

549

 

 

 

—

 

 

 

—

 

 

 

9,328

 

Securities-based loans

 

 

1,894

 

 

 

34

 

 

 

—

 

 

 

—

 

 

 

1,928

 

Commercial real estate

 

 

1,320

 

 

 

352

 

 

 

—

 

 

 

—

 

 

 

1,672

 

Home equity lines of credit

 

 

164

 

 

 

64

 

 

 

—

 

 

 

1

 

 

 

229

 

Construction and land

 

 

199

 

 

 

104

 

 

 

—

 

 

 

—

 

 

 

303

 

Consumer

 

 

15

 

 

 

(2

)

 

 

—

 

 

 

—

 

 

 

13

 

Qualitative

 

 

693

 

 

 

37

 

 

 

—

 

 

 

—

 

 

 

730

 

 

 

$

69,497

 

 

$

4,277

 

 

$

—

 

 

$

1

 

 

$

73,775

 

 

 

 

Six Months Ended June 30, 2018

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

54,474

 

 

$

5,110

 

 

$

(12

)

 

$

—

 

 

$

59,572

 

Residential real estate

 

 

8,430

 

 

 

898

 

 

 

—

 

 

 

—

 

 

 

9,328

 

Securities-based loans

 

 

2,088

 

 

 

(160

)

 

 

—

 

 

 

—

 

 

 

1,928

 

Commercial real estate

 

 

1,520

 

 

 

152

 

 

 

—

 

 

 

—

 

 

 

1,672

 

Home equity lines of credit

 

 

162

 

 

 

65

 

 

 

—

 

 

 

2

 

 

 

229

 

Construction and land

 

 

100

 

 

 

203

 

 

 

—

 

 

 

—

 

 

 

303

 

Consumer

 

 

16

 

 

 

(2

)

 

 

(2

)

 

 

1

 

 

 

13

 

Qualitative

 

 

676

 

 

 

54

 

 

 

—

 

 

 

—

 

 

 

730

 

 

 

$

67,466

 

 

$

6,320

 

 

$

(14

)

 

$

3

 

 

$

73,775

 

 

 

 

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

 

 
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

 

 

$

9,304

 

 

$

9,328

 

 

$

170

 

 

$

2,703,765

 

 

$

2,703,935

 

Commercial and industrial

 

 

9,111

 

 

 

50,461

 

 

 

59,572

 

 

 

23,720

 

 

 

2,653,376

 

 

 

2,677,096

 

Securities-based loans

 

 

—

 

 

 

1,928

 

 

 

1,928

 

 

 

—

 

 

 

1,845,592

 

 

 

1,845,592

 

Commercial real estate

 

 

—

 

 

 

1,672

 

 

 

1,672

 

 

 

—

 

 

 

127,253

 

 

 

127,253

 

Consumer

 

 

1

 

 

 

12

 

 

 

13

 

 

 

1

 

 

 

24,391

 

 

 

24,392

 

Home equity lines of credit

 

 

20

 

 

 

209

 

 

 

229

 

 

 

193

 

 

 

21,537

 

 

 

21,730

 

Construction and land

 

 

—

 

 

 

303

 

 

 

303

 

 

 

—

 

 

 

25,425

 

 

 

25,425

 

Qualitative

 

 

—

 

 

 

730

 

 

 

730

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

9,156

 

 

$

64,619

 

 

$

73,775

 

 

$

24,084

 

 

$

7,401,339

 

 

$

7,425,423

 

 

 

 

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

 

 

$

8,406

 

 

$

8,430

 

 

$

171

 

 

$

2,593,405

 

 

$

2,593,576

 

Commercial and industrial

 

 

9,059

 

 

 

45,415

 

 

 

54,474

 

 

 

28,856

 

 

 

2,409,082

 

 

 

2,437,938

 

Securities-based loans

 

 

—

 

 

 

2,088

 

 

 

2,088

 

 

 

—

 

 

 

1,819,206

 

 

 

1,819,206

 

Commercial real estate

 

 

—

 

 

 

1,520

 

 

 

1,520

 

 

 

—

 

 

 

116,258

 

 

 

116,258

 

Consumer

 

 

2

 

 

 

14

 

 

 

16

 

 

 

2

 

 

 

24,506

 

 

 

24,508

 

Home equity lines of credit

 

 

20

 

 

 

142

 

 

 

162

 

 

 

184

 

 

 

14,855

 

 

 

15,039

 

Construction and land

 

 

—

 

 

 

100

 

 

 

100

 

 

 

—

 

 

 

7,896

 

 

 

7,896

 

Qualitative

 

 

—

 

 

 

676

 

 

 

676

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

9,105

 

 

$

58,361

 

 

$

67,466

 

 

$

29,213

 

 

$

6,985,208

 

 

$

7,014,421

 

 
Loans That Were Individually Evaluated For Impairment By Portfolio Segment

 

 

 

June 30, 2018

 

 

 

Unpaid

Contractual

Principal

Balance

 

 

Recorded

Investment

with No

Allowance

 

 

Recorded

Investment

with

Allowance

 

 

Total

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

Commercial and industrial

 

$

23,719

 

 

$

—

 

 

$

23,720

 

 

$

23,720

 

 

$

9,111

 

 

$

23,663

 

Consumer

 

 

674

 

 

 

—

 

 

 

1

 

 

 

1

 

 

 

1

 

 

 

2

 

Residential real estate

 

 

170

 

 

 

—

 

 

 

170

 

 

 

170

 

 

 

24

 

 

 

170

 

Home equity lines of credit

 

 

184

 

 

 

9

 

 

 

184

 

 

 

193

 

 

 

20

 

 

 

193

 

Total

 

$

24,747

 

 

$

9

 

 

$

24,075

 

 

$

24,084

 

 

$

9,156

 

 

$

24,028

 

 

 

 

December 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

 

$

28,856

 

 

$

5,211

 

 

$

23,645

 

 

$

28,856

 

 

$

9,059

 

 

$

30,277

 

Consumer

 

 

677

 

 

 

—

 

 

 

2

 

 

 

2

 

 

 

2

 

 

 

5

 

Home equity lines of credit

 

 

184

 

 

 

—

 

 

 

184

 

 

 

184

 

 

 

20

 

 

 

300

 

Residential real estate

 

 

171

 

 

 

—

 

 

 

171

 

 

 

171

 

 

 

24

 

 

 

174

 

Total

 

$

29,888

 

 

$

5,211

 

 

$

24,002

 

 

$

29,213

 

 

$

9,105

 

 

$

30,756

 

 
Aging Of The Recorded Investment In Past Due Loans

 

 

 

As of June 30, 2018

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total Past

Due

 

 

Current

Balance

 

 

Total

 

Residential real estate

 

$

2,811

 

 

$

—

 

 

$

2,811

 

 

$

2,701,124

 

 

$

2,703,935

 

Commercial and industrial

 

 

—

 

 

 

14,510

 

 

 

14,510

 

 

 

2,662,586

 

 

 

2,677,096

 

Securities-based loans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,845,592

 

 

 

1,845,592

 

Commercial real estate

 

 

—

 

 

 

—

 

 

 

—

 

 

 

127,253

 

 

 

127,253

 

Consumer

 

 

—

 

 

 

—

 

 

 

—

 

 

 

24,392

 

 

 

24,392

 

Home equity lines of credit

 

 

332

 

 

 

9

 

 

 

341

 

 

 

21,389

 

 

 

21,730

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

25,425

 

 

 

25,425

 

Total

 

$

3,143

 

 

$

14,519

 

 

$

17,662

 

 

$

7,407,761

 

 

$

7,425,423

 

 

 

 

As of June 30, 2018*

 

 

 

Non-Accrual

 

 

Restructured

 

 

Total

 

Commercial and industrial

 

$

14,783

 

 

$

8,937

 

 

$

23,720

 

Home equity lines of credit

 

 

193

 

 

 

—

 

 

 

193

 

Residential real estate

 

 

—

 

 

 

170

 

 

 

170

 

Consumer

 

 

1

 

 

 

—

 

 

 

1

 

Total

 

$

14,977

 

 

$

9,107

 

 

$

24,084

 

 

*

There were no loans past due 90 days and still accruing interest at June 30, 2018.

 

 

 

As of December 31, 2017

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total

Past Due

 

 

Current

Balance

 

 

Total

 

Residential real estate

 

$

7,892

 

 

$

—

 

 

$

7,892

 

 

$

2,585,684

 

 

$

2,593,576

 

Commercial and industrial

 

 

11,883

 

 

 

—

 

 

 

11,883

 

 

 

2,426,055

 

 

 

2,437,938

 

Securities-based loans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,819,206

 

 

 

1,819,206

 

Commercial real estate

 

 

—

 

 

 

—

 

 

 

—

 

 

 

116,258

 

 

 

116,258

 

Consumer

 

 

2

 

 

 

—

 

 

 

2

 

 

 

24,506

 

 

 

24,508

 

Home equity lines of credit

 

 

184

 

 

 

—

 

 

 

184

 

 

 

14,855

 

 

 

15,039

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7,896

 

 

 

7,896

 

Total

 

$

19,961

 

 

$

—

 

 

$

19,961

 

 

$

6,994,460

 

 

$

7,014,421

 

 

 

 

As of December 31, 2017*

 

 

 

Non-Accrual

 

 

Restructured

 

 

Total

 

Commercial and industrial

 

$

19,904

 

 

$

8,952

 

 

$

28,856

 

Home equity lines of credit

 

 

184

 

 

 

—

 

 

 

184

 

Residential real estate

 

 

—

 

 

 

171

 

 

 

171

 

Consumer

 

 

2

 

 

 

—

 

 

 

2

 

Total

 

$

20,090

 

 

$

9,123

 

 

$

29,213

 

 

*

There were no loans past due 90 days and still accruing interest at December 31, 2017.
Risk Category Of Loan Portfolio

 

 

 

As of June 30, 2018

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Residential real estate

 

$

2,703,765

 

 

$

—

 

 

$

170

 

 

$

—

 

 

$

2,703,935

 

Commercial and industrial

 

 

2,605,740

 

 

 

47,636

 

 

 

23,720

 

 

 

—

 

 

 

2,677,096

 

Securities-based loans

 

 

1,845,592

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,845,592

 

Commercial real estate

 

 

127,253

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

127,253

 

Consumer

 

 

24,391

 

 

 

—

 

 

 

1

 

 

 

—

 

 

 

24,392

 

Home equity lines of credit

 

 

21,537

 

 

 

—

 

 

 

193

 

 

 

—

 

 

 

21,730

 

Construction and land

 

 

25,425

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

25,425

 

Total

 

$

7,353,703

 

 

$

47,636

 

 

$

24,084

 

 

$

—

 

 

$

7,425,423

 

 

 

 

As of December 31, 2017

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Residential real estate

 

$

2,593,096

 

 

$

309

 

 

$

171

 

 

$

—

 

 

$

2,593,576

 

Commercial and industrial

 

 

2,385,152

 

 

 

22,443

 

 

 

30,343

 

 

 

—

 

 

 

2,437,938

 

Securities-based loans

 

 

1,819,206

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,819,206

 

Commercial real estate

 

 

116,258

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

116,258

 

Consumer

 

 

24,506

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

24,508

 

Home equity lines of credit

 

 

14,855

 

 

 

—

 

 

 

184

 

 

 

—

 

 

 

15,039

 

Construction and land

 

 

7,896

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7,896

 

Total

 

$

6,960,969

 

 

$

22,752

 

 

$

30,700

 

 

$

—

 

 

$

7,014,421