Allowance For Loan Losses (Tables)
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12 Months Ended |
Dec. 31, 2017 |
Receivables [Abstract] |
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Schedule Of Allowance For Loan Loss By Portfolio Segment |
The following summarizes the activity in the allowance for loan loss, by portfolio segment (in thousands). The allocation of a portion of the allowance in one portfolio segment does not preclude its availability to absorb losses in other portfolio segments. The following also presents the balance in the allowance for loan loss disaggregated on the basis of the Company’s impairment measurement method and the related recorded investment in loans, by portfolio segment (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | Commercial real estate | Residential real estate | Home equity | Consumer | DDA overdrafts | Total | December 31, 2017 | | | | | | | | Allowance for loan loss | | | | | | | | Beginning balance | $ | 4,206 |
| $ | 6,573 |
| $ | 6,680 |
| $ | 1,417 |
| $ | 82 |
| $ | 772 |
| $ | 19,730 |
| Charge-offs | (400 | ) | (720 | ) | (1,637 | ) | (403 | ) | (60 | ) | (2,714 | ) | (5,934 | ) | Recoveries | 58 |
| 112 |
| 294 |
| 45 |
| 63 |
| 1,462 |
| 2,034 |
| Provision | 707 |
| 57 |
| (125 | ) | 79 |
| (23 | ) | 2,150 |
| 2,845 |
| Provision for acquired loans with deteriorated credit quality | — |
| 161 |
| — |
| — |
| — |
| — |
| 161 |
| Ending balance | $ | 4,571 |
| $ | 6,183 |
| $ | 5,212 |
| $ | 1,138 |
| $ | 62 |
| $ | 1,670 |
| $ | 18,836 |
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| | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | Commercial real estate | Residential real estate | Home equity | Consumer | DDA overdrafts | Total | December 31, 2016 | | | | | | | | Allowance for loan loss | | | | | | | | Beginning balance | $ | 3,271 |
| $ | 6,985 |
| $ | 6,778 |
| $ | 1,463 |
| $ | 97 |
| $ | 657 |
| $ | 19,251 |
| Charge-offs | (148 | ) | (1,676 | ) | (1,734 | ) | (390 | ) | (126 | ) | (1,412 | ) | (5,486 | ) | Recoveries | 14 |
| 487 |
| 187 |
| — |
| 118 |
| 764 |
| 1,570 |
| Provision | 1,069 |
| 614 |
| 1,449 |
| 344 |
| (7 | ) | 763 |
| 4,232 |
| Provision for acquired loans with deteriorated credit quality | — |
| 163 |
| — |
| — |
| — |
| — |
| 163 |
| Ending balance | $ | 4,206 |
| $ | 6,573 |
| $ | 6,680 |
| $ | 1,417 |
| $ | 82 |
| $ | 772 |
| $ | 19,730 |
| | | | | | | | | As of December 31, 2017 | | | | | | | | Allowance for loan loss | | | | | | | | Evaluated for impairment: | | | | | | | | Individually | $ | — |
| $ | 647 |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 647 |
| Collectively | 4,567 |
| 5,313 |
| 5,112 |
| 1,138 |
| 58 |
| 1,670 |
| 17,858 |
| Acquired with deteriorated credit quality | 4 |
| 223 |
| 100 |
| — |
| 4 |
| — |
| 331 |
| Total | $ | 4,571 |
| $ | 6,183 |
| $ | 5,212 |
| $ | 1,138 |
| $ | 62 |
| $ | 1,670 |
| $ | 18,836 |
| | | | | | | | | Loans | | | | | | | | Evaluated for impairment: | | | | | | | | Individually | $ | 849 |
| $ | 8,818 |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 9,667 |
| Collectively | 207,429 |
| 1,263,076 |
| 1,465,685 |
| 139,499 |
| 29,046 |
| 4,411 |
| 3,109,146 |
| Acquired with deteriorated credit quality | 206 |
| 5,682 |
| 2,593 |
| — |
| 116 |
| — |
| 8,597 |
| Total | $ | 208,484 |
| $ | 1,277,576 |
| $ | 1,468,278 |
| $ | 139,499 |
| $ | 29,162 |
| $ | 4,411 |
| $ | 3,127,410 |
| | | | | | | | | As of December 31, 2016 | | | | | | | | Allowance for loan loss | | | | | | | | Evaluated for impairment: | | | | | | | | Individually | $ | — |
| $ | 665 |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 665 |
| Collectively | 4,200 |
| 5,788 |
| 6,589 |
| 1,417 |
| 82 |
| 772 |
| 18,848 |
| Acquired with deteriorated credit quality | 6 |
| 120 |
| 91 |
| — |
| — |
| — |
| 217 |
| Total | $ | 4,206 |
| $ | 6,573 |
| $ | 6,680 |
| $ | 1,417 |
| $ | 82 |
| $ | 772 |
| $ | 19,730 |
| | | | | | | | | Loans | | | | | | | | Evaluated for impairment: | | | | | | | | Individually | $ | 1,611 |
| $ | 5,970 |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 7,581 |
| Collectively | 183,741 |
| 1,216,050 |
| 1,448,830 |
| 141,965 |
| 32,545 |
| 5,071 |
| 3,028,202 |
| Acquired with deteriorated credit quality | 315 |
| 7,496 |
| 2,632 |
| — |
| — |
| — |
| 10,443 |
| Total | $ | 185,667 |
| $ | 1,229,516 |
| $ | 1,451,462 |
| $ | 141,965 |
| $ | 32,545 |
| $ | 5,071 |
| $ | 3,046,226 |
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Schedule Of Credit Quality Indicators |
The following table presents the Company's commercial loans by credit quality indicators, by class (in thousands):
| | | | | | | | | | | | Commercial and industrial | Commercial real estate | Total | December 31, 2017 | | | | Pass | $ | 175,951 |
| $ | 1,231,256 |
| $ | 1,407,207 |
| Special mention | 25,872 |
| 8,068 |
| 33,940 |
| Substandard | 6,661 |
| 38,252 |
| 44,913 |
| Doubtful | — |
| — |
| — |
| Total | $ | 208,484 |
| $ | 1,277,576 |
| $ | 1,486,060 |
| | | | | December 31, 2016 | |
| |
| |
| Pass | $ | 176,823 |
| $ | 1,178,288 |
| $ | 1,355,111 |
| Special mention | 2,427 |
| 16,031 |
| 18,458 |
| Substandard | 6,417 |
| 35,197 |
| 41,614 |
| Doubtful | — |
| — |
| — |
| Total | $ | 185,667 |
| $ | 1,229,516 |
| $ | 1,415,183 |
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The following table presents the Company's non-commercial loans by payment performance, by class (in thousands): | | | | | | | | | | | | Performing | Non-Performing | Total | December 31, 2017 | | | | Residential real estate | $ | 1,465,445 |
| $ | 2,833 |
| $ | 1,468,278 |
| Home equity | 139,239 |
| 260 |
| 139,499 |
| Consumer | 29,162 |
| — |
| 29,162 |
| DDA overdrafts | 4,411 |
| — |
| 4,411 |
| Total | $ | 1,638,257 |
| $ | 3,093 |
| $ | 1,641,350 |
| | | | | December 31, 2016 | | | | Residential real estate | $ | 1,447,087 |
| $ | 4,375 |
| $ | 1,451,462 |
| Home equity | 141,834 |
| 131 |
| 141,965 |
| Consumer | 32,545 |
| — |
| 32,545 |
| DDA overdrafts | 5,071 |
| — |
| 5,071 |
| Total | $ | 1,626,537 |
| $ | 4,506 |
| $ | 1,631,043 |
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Schedule Of Aging Analysis Of Accruing And Non-Accruing Loans |
The following presents an aging analysis of the Company’s accruing and non-accruing loans, by class (in thousands). The purchased credit-impaired loan column represents the purchased credit-impaired loans that the Company acquired that are contractually past due, but are still performing in accordance with the Company's initial expectations. | | | | | | | | | | | | | | | | | | | | | December 31, 2017 | | Accruing | | | | Current | 30-59 days | 60-89 days | Over 90 days | Non-accrual | Total | Residential real estate | $ | 1,458,746 |
| $ | 5,990 |
| $ | 709 |
| $ | 19 |
| $ | 2,814 |
| $ | 1,468,278 |
| Home equity | 138,480 |
| 671 |
| 88 |
| 92 |
| 168 |
| 139,499 |
| Commercial and industrial | 206,447 |
| 549 |
| 1 |
| 142 |
| 1,345 |
| 208,484 |
| Commercial real estate | 1,269,520 |
| 1,841 |
| 245 |
| — |
| 5,970 |
| 1,277,576 |
| Consumer | 29,108 |
| 39 |
| 13 |
| 2 |
| — |
| 29,162 |
| DDA overdrafts | 3,849 |
| 541 |
| 14 |
| 7 |
| — |
| 4,411 |
| Total | $ | 3,106,150 |
| $ | 9,631 |
| $ | 1,070 |
| $ | 262 |
| $ | 10,297 |
| $ | 3,127,410 |
| | | | | | | | | December 31, 2016 | | Accruing | | | | Current | 30-59 days | 60-89 days | Over 90 days | Non-accrual | Total | Residential real estate | $ | 1,441,086 |
| $ | 5,364 |
| $ | 637 |
| $ | 73 |
| $ | 4,302 |
| $ | 1,451,462 |
| Home equity | 141,192 |
| 423 |
| 219 |
| 31 |
| 100 |
| 141,965 |
| Commercial and industrial | 183,615 |
| 94 |
| — |
| — |
| 1,958 |
| 185,667 |
| Commercial real estate | 1,221,344 |
| 553 |
| — |
| 278 |
| 7,341 |
| 1,229,516 |
| Consumer | 32,506 |
| 38 |
| 1 |
| — |
| — |
| 32,545 |
| DDA overdrafts | 4,472 |
| 595 |
| 4 |
| — |
| — |
| 5,071 |
| Total | $ | 3,024,215 |
| $ | 7,067 |
| $ | 861 |
| $ | 382 |
| $ | 13,701 |
| $ | 3,046,226 |
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Schedule Of Impaired Loans |
The following presents the Company’s impaired loans, by class (in thousands): | | | | | | | | | | | | | | | | | | | | | December 31, 2017 | December 31, 2016 | | | Unpaid | | | Unpaid | | | Recorded | Principal | Related | Recorded | Principal | Related | | Investment | Balance | Allowance | Investment | Balance | Allowance | With no related allowance recorded: | | | | | | | Commercial and industrial | $ | 849 |
| $ | 3,013 |
| $ | — |
| $ | 1,611 |
| $ | 3,775 |
| $ | — |
| Commercial real estate | 3,036 |
| 4,861 |
| — |
| 3,138 |
| 4,963 |
| — |
| Total | $ | 3,885 |
| $ | 7,874 |
| $ | — |
| $ | 4,749 |
| $ | 8,738 |
| $ | — |
| | | | | | | | With an allowance recorded: | | | | | | | Commercial and industrial | $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | — |
| Commercial real estate | 5,782 |
| 5,782 |
| 647 |
| 2,832 |
| 2,832 |
| 665 |
| Total | $ | 5,782 |
| $ | 5,782 |
| $ | 647 |
| $ | 2,832 |
| $ | 2,832 |
| $ | 665 |
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The following table presents information related to the average recorded investment and interest income recognized on the Company’s impaired loans, by class (in thousands): | | | | | | | | | | | | | | | For the year ended | | December 31, 2017 | December 31, 2016 | | Average | Interest | Average | Interest | | Recorded | Income | Recorded | Income | | Investment | Recognized | Investment | Recognized | With no related allowance recorded: | | | | | Commercial and industrial | $ | 1,086 |
| $ | — |
| $ | 2,099 |
| $ | — |
| Commercial real estate | 4,534 |
| 69 |
| 4,039 |
| 14 |
| Total | $ | 5,620 |
| $ | 69 |
| $ | 6,138 |
| $ | 14 |
| | | | | | With an allowance recorded: | | | | | Commercial and industrial | $ | — |
| $ | — |
| $ | — |
| $ | — |
| Commercial real estate | 4,307 |
| 149 |
| 1,419 |
| 24 |
| Total | $ | 4,307 |
| $ | 149 |
| $ | 1,419 |
| $ | 24 |
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If the Company's non-accrual and impaired loans had been current in accordance with their original terms, approximately $0.2 million, $0.4 million and $0.8 million of interest income would have been recognized during the years ended December 31, 2017, 2016 and 2015, respectively. There were no commitments to provide additional funds on non-accrual, impaired or other potential problem loans at December 31, 2017.
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Schedule Of Troubled Debt Restructurings |
The following tables set forth the Company’s TDRs (in thousands): | | | | | | | | | | | | | | | | | | | | | December 31, 2017 | December 31, 2016 | | Non- | | | Non- | | Accruing | Accruing | Total | Accruing | Accruing | Total | Commercial and industrial | $ | 135 |
| $ | — |
| $ | 135 |
| $ | 42 |
| $ | — |
| $ | 42 |
| Commercial real estate | 8,381 |
| — |
| 8,381 |
| 5,525 |
| — |
| 5,525 |
| Residential real estate | 21,005 |
| 84 |
| 21,089 |
| 20,424 |
| 391 |
| 20,815 |
| Home equity | 3,047 |
| 50 |
| 3,097 |
| 3,105 |
| 30 |
| 3,135 |
| Consumer | — |
| — |
| — |
| — |
| — |
| — |
| | $ | 32,568 |
| $ | 134 |
| $ | 32,702 |
| $ | 29,096 |
| $ | 421 |
| $ | 29,517 |
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| | | | | | | | | | | | | | | | | | | New TDRs | New TDRs | | For the year ended | For the year ended | | December 31, 2017 | December 31, 2016 | | Pre | Post | | Pre | Post | | Modification | Modification | | Modification | Modification | | Outstanding | Outstanding | | Outstanding | Outstanding | Number of | Recorded | Recorded | Number of | Recorded | Recorded | Contracts | Investment | Investment | Contracts | Investment | Investment | Commercial and industrial | — |
| $ | — |
| $ | — |
| — |
| $ | — |
| $ | — |
| Commercial real estate | 2 |
| 3,098 |
| 3,003 |
| 2 |
| 5,021 |
| 4,366 |
| Residential real estate | 33 |
| 3,987 |
| 3,987 |
| 37 |
| 3,812 |
| 3,812 |
| Home equity | 13 |
| 271 |
| 271 |
| 9 |
| 221 |
| 221 |
| Consumer | — |
| — |
| — |
| — |
| — |
| — |
| | 48 |
| $ | 7,356 |
| $ | 7,261 |
| 48 |
| $ | 9,054 |
| $ | 8,399 |
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