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Loans, Allowance for Loan Losses, and Credit Quality (Tables)
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12 Months Ended |
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Dec. 31, 2012
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| Financing Receivable, Impaired [Line Items] |
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| Loan composition |
| | | | | 2012 | 2011 | | | | | | | ($ in Thousands) | | | Commercial and industrial | $ | 4,502,021 | $ | 3,724,736 | | | Commercial real estate - owner occupied | | 1,219,747 | | 1,086,829 | | | Lease financing | | 64,196 | | 58,194 | | | | Commercial and business lending | | 5,785,964 | | 4,869,759 | | | Commercial real estate - investor | | 2,906,759 | | 2,563,767 | | | Real estate construction | | 655,381 | | 584,046 | | | | Commercial real estate lending | | 3,562,140 | | 3,147,813 | | | | | Total commercial | | 9,348,104 | | 8,017,572 | | | Home equity | | 2,219,494 | | 2,504,704 | | | Installment | | 466,727 | | 557,782 | | | | Total retail | | 2,686,221 | | 3,062,486 | | | Residential mortgage | | 3,376,697 | | 2,951,013 | | | | | Total consumer | | 6,062,918 | | 6,013,499 | | | | | | Total loans | $ | 15,411,022 | $ | 14,031,071 | |
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| Changes in the allowance for loan losses |
| A summary of the changes in the allowance for loan losses for the years indicated was as follows. | | | | | | | | | | | | | | 2012 | 2011 | 2010 | | | | | ($ in Thousands) | | | Balance at beginning of year | $ | 378,151 | $ | 476,813 | $ | 573,533 | | | Provision for loan losses | | 3,000 | | 52,000 | | 390,010 | | | Charge offs | | (117,046) | | (189,732) | | (528,492) | | | Recoveries | | 33,304 | | 39,070 | | 41,762 | | | | Net charge offs | | (83,742) | | (150,662) | | (486,730) | | | Balance at end of year | $ | 297,409 | $ | 378,151 | $ | 476,813 | |
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| Changes in the allowance for loan losses by portfolio segment |
| A summary of the changes in the allowance for loan losses by portfolio segment for the year ended December 31, 2012, was as follows. | | | | | | | | | | | | | | | | | | | | | | $ in Thousands | Commercial and industrial | Commercial real estate - owner occupied | Lease financing | Commercial real estate- investor | Real estate construction | Home equity | Installment | Residential mortgage | | Total | | Balance at Dec 31, 2011 | $ | 124,374 | $ | 36,200 | $ | 2,567 | $ | 86,689 | $ | 21,327 | $ | 70,144 | $ | 6,623 | $ | 30,227 | $ | 378,151 | | Provision for loan losses | | (1,645) | | (5,184) | | (645) | | (14,304) | | 873 | | 16,909 | | (501) | | 7,497 | | 3,000 | | Charge offs | | (43,240) | | (4,080) | | (797) | | (14,000) | | (3,588) | | (34,125) | | (3,057) | | (14,159) | | (117,046) | | Recoveries | | 18,363 | | 453 | | 1,899 | | 4,796 | | 2,129 | | 3,898 | | 1,234 | | 532 | | 33,304 | | Balance at Dec 31, 2012 | $ | 97,852 | $ | 27,389 | $ | 3,024 | $ | 63,181 | $ | 20,741 | $ | 56,826 | $ | 4,299 | $ | 24,097 | $ | 297,409 | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | Ending balance impaired loans individually evaluated for impairment | $ | 8,790 | $ | 654 | $ | - | $ | 5,241 | $ | 1,079 | $ | 868 | $ | - | $ | 155 | $ | 16,787 | | Ending balance impaired loans collectively evaluated for impairment | $ | 4,951 | $ | 3,157 | $ | - | $ | 4,446 | $ | 2,332 | $ | 23,712 | $ | 1,155 | $ | 12,751 | $ | 52,504 | | Total impaired loans | $ | 13,741 | $ | 3,811 | $ | - | $ | 9,687 | $ | 3,411 | $ | 24,580 | $ | 1,155 | $ | 12,906 | $ | 69,291 | | Ending balance all other loans collectively evaluated for impairment | $ | 84,111 | $ | 23,578 | $ | 3,024 | $ | 53,494 | $ | 17,330 | $ | 32,246 | $ | 3,144 | $ | 11,191 | $ | 228,118 | | Total | $ | 97,852 | $ | 27,389 | $ | 3,024 | $ | 63,181 | $ | 20,741 | $ | 56,826 | $ | 4,299 | $ | 24,097 | $ | 297,409 | | | | | | | | | | | | | | | | | | | | | | Loans: | | | | | | | | | | | | | | | | | | | | Ending balance impaired loans individually evaluated for impairment | $ | 27,213 | $ | 16,602 | $ | 3,024 | $ | 48,894 | $ | 20,794 | $ | 4,671 | $ | - | $ | 11,330 | $ | 132,528 | | Ending balance impaired loans collectively evaluated for impairment | $ | 40,109 | $ | 21,504 | $ | 7 | $ | 51,453 | $ | 11,038 | $ | 44,512 | $ | 2,491 | $ | 70,313 | $ | 241,427 | | Impaired loan subtotal | $ | 67,322 | $ | 38,106 | $ | 3,031 | $ | 100,347 | $ | 31,832 | $ | 49,183 | $ | 2,491 | $ | 81,643 | $ | 373,955 | | Ending balance all other loans collectively evaluated for impairment | $ | 4,434,699 | $ | 1,181,641 | $ | 61,165 | $ | 2,806,412 | $ | 623,549 | $ | 2,170,311 | $ | 464,236 | $ | 3,295,054 | $ | 15,037,067 | | Total | $ | 4,502,021 | $ | 1,219,747 | $ | 64,196 | $ | 2,906,759 | $ | 655,381 | $ | 2,219,494 | $ | 466,727 | $ | 3,376,697 | $ | 15,411,022 |
| For comparison purposes, a summary of the changes in the allowance for loan losses by portfolio segment for the year ended December 31, 2011, was as follows. | | | | | | | | | | | | | | | | | | | | | | $ in Thousands | Commercial and industrial | Commercial real estate - owner occupied | Lease financing | Commercial real estate- investor | Real estate construction | Home equity | Installment | Residential mortgage | | Total | | Balance at Dec 31, 2010 | $ | 137,770 | $ | 54,320 | $ | 7,396 | $ | 111,264 | $ | 56,772 | $ | 55,090 | $ | 17,328 | $ | 36,873 | $ | 476,813 | | Provision for loan losses | | 8,916 | | (11,144) | | (6,611) | | (762) | | (4,744) | | 54,476 | | 3,845 | | 8,024 | | 52,000 | | Charge offs | | (38,662) | | (9,485) | | (173) | | (29,479) | | (38,222) | | (42,623) | | (16,134) | | (14,954) | | (189,732) | | Recoveries | | 16,350 | | 2,509 | | 1,955 | | 5,666 | | 7,521 | | 3,201 | | 1,584 | | 284 | | 39,070 | | Balance at Dec 31, 2011 | $ | 124,374 | $ | 36,200 | $ | 2,567 | $ | 86,689 | $ | 21,327 | $ | 70,144 | $ | 6,623 | $ | 30,227 | $ | 378,151 | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | Ending balance impaired loans individually evaluated for impairment | $ | 7,619 | $ | 3,608 | $ | 161 | $ | 16,623 | $ | 4,919 | $ | 2,922 | $ | - | $ | 957 | $ | 36,809 | | Ending balance impaired loans collectively evaluated for impairment | $ | 7,688 | $ | 3,962 | $ | 34 | $ | 8,378 | $ | 4,266 | $ | 27,914 | $ | 2,021 | $ | 13,707 | $ | 67,970 | | Total impaired loans | $ | 15,307 | $ | 7,570 | $ | 195 | $ | 25,001 | $ | 9,185 | $ | 30,836 | $ | 2,021 | $ | 14,664 | $ | 104,779 | | Ending balance all other loans collectively evaluated for impairment | $ | 109,067 | $ | 28,630 | $ | 2,372 | $ | 61,688 | $ | 12,142 | $ | 39,308 | $ | 4,602 | $ | 15,563 | $ | 273,372 | | Total | $ | 124,374 | $ | 36,200 | $ | 2,567 | $ | 86,689 | $ | 21,327 | $ | 70,144 | $ | 6,623 | $ | 30,227 | $ | 378,151 | | | | | | | | | | | | | | | | | | | | | | Loans: | | | | | | | | | | | | | | | | | | | | Ending balance impaired loans individually evaluated for impairment | $ | 41,474 | $ | 26,049 | $ | 9,792 | $ | 85,287 | $ | 31,933 | $ | 9,542 | $ | - | $ | 11,401 | $ | 215,478 | | Ending balance impaired loans collectively evaluated for impairment | $ | 37,153 | $ | 17,807 | $ | 852 | $ | 57,482 | $ | 20,850 | $ | 46,315 | $ | 3,730 | $ | 70,269 | $ | 254,458 | | Impaired loan subtotal | $ | 78,627 | $ | 43,856 | $ | 10,644 | $ | 142,769 | $ | 52,783 | $ | 55,857 | $ | 3,730 | $ | 81,670 | $ | 469,936 | | Ending balance all other loans collectively evaluated for impairment | $ | 3,646,109 | $ | 1,042,973 | $ | 47,550 | $ | 2,420,998 | $ | 531,263 | $ | 2,448,847 | $ | 554,052 | $ | 2,869,343 | $ | 13,561,135 | | Total | $ | 3,724,736 | $ | 1,086,829 | $ | 58,194 | $ | 2,563,767 | $ | 584,046 | $ | 2,504,704 | $ | 557,782 | $ | 2,951,013 | $ | 14,031,071 |
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| Summarized details of Loans |
| The following table presents loans by past due status at December 31, 2012. | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days Past Due | | 60-89 Days Past Due | | 90 Days or More Past Due * | | Total Past Due | | Current | | Total | | | | | | ($ in Thousands) | | Accruing loans | | | | | | | | | | | | | | Commercial and industrial | $ | 9,557 | $ | 1,782 | $ | 79 | $ | 11,418 | $ | 4,451,421 | $ | 4,462,839 | | Commercial real estate - owner occupied | | 10,420 | | 633 | | 308 | | 11,361 | | 1,184,132 | | 1,195,493 | | Lease financing | | - | | 12 | | - | | 12 | | 61,153 | | 61,165 | | | Commercial and business lending | | 19,977 | | 2,427 | | 387 | | 22,791 | | 5,696,706 | | 5,719,497 | | Commercial real estate - investor | | 8,424 | | 5,048 | | 366 | | 13,838 | | 2,834,234 | | 2,848,072 | | Real estate construction | | 1,628 | | 1,527 | | 283 | | 3,438 | | 624,641 | | 628,079 | | | Commercial real estate lending | | 10,052 | | 6,575 | | 649 | | 17,276 | | 3,458,875 | | 3,476,151 | | | | Total commercial | | 30,029 | | 9,002 | | 1,036 | | 40,067 | | 9,155,581 | | 9,195,648 | | Home equity | | 10,151 | | 3,387 | | 96 | | 13,634 | | 2,166,645 | | 2,180,279 | | Installment | | 1,300 | | 809 | | 1,013 | | 3,122 | | 461,767 | | 464,889 | | | Total retail | | 11,451 | | 4,196 | | 1,109 | | 16,756 | | 2,628,412 | | 2,645,168 | | | Residential mortgage | | 8,473 | | 930 | | 144 | | 9,547 | | 3,307,791 | | 3,317,338 | | | | Total consumer | | 19,924 | | 5,126 | | 1,253 | | 26,303 | | 5,936,203 | | 5,962,506 | | | | | Total accruing loans | $ | 49,953 | $ | 14,128 | $ | 2,289 | $ | 66,370 | $ | 15,091,784 | $ | 15,158,154 | | | | | | | | | | | | | | | | | | | Nonaccrual loans | | | | | | | | | | | | | | Commercial and industrial | $ | 8,559 | $ | 791 | $ | 11,962 | $ | 21,312 | $ | 17,870 | $ | 39,182 | | Commercial real estate - owner occupied | | 1,489 | | 1,749 | | 11,819 | | 15,057 | | 9,197 | | 24,254 | | Lease financing | | 15 | | - | | 9 | | 24 | | 3,007 | | 3,031 | | | Commercial and business lending | | 10,063 | | 2,540 | | 23,790 | | 36,393 | | 30,074 | | 66,467 | | Commercial real estate - investor | | 197 | | 3,072 | | 30,928 | | 34,197 | | 24,490 | | 58,687 | | Real estate construction | | 16 | | - | | 9,639 | | 9,655 | | 17,647 | | 27,302 | | | Commercial real estate lending | | 213 | | 3,072 | | 40,567 | | 43,852 | | 42,137 | | 85,989 | | | | Total commercial | | 10,276 | | 5,612 | | 64,357 | | 80,245 | | 72,211 | | 152,456 | | Home equity | | 1,456 | | 2,518 | | 28,474 | | 32,448 | | 6,767 | | 39,215 | | Installment | | 153 | | 141 | | 586 | | 880 | | 958 | | 1,838 | | | Total retail | | 1,609 | | 2,659 | | 29,060 | | 33,328 | | 7,725 | | 41,053 | | | Residential mortgage | | 2,135 | | 4,321 | | 38,739 | | 45,195 | | 14,164 | | 59,359 | | | | Total consumer | | 3,744 | | 6,980 | | 67,799 | | 78,523 | | 21,889 | | 100,412 | | | | | Total nonaccrual loans | $ | 14,020 | $ | 12,592 | $ | 132,156 | $ | 158,768 | $ | 94,100 | $ | 252,868 | | | | | | | | | | | | | | | | | | | Total loans | | | | | | | | | | | | | | Commercial and industrial | $ | 18,116 | $ | 2,573 | $ | 12,041 | $ | 32,730 | $ | 4,469,291 | $ | 4,502,021 | | Commercial real estate - owner occupied | | 11,909 | | 2,382 | | 12,127 | | 26,418 | | 1,193,329 | | 1,219,747 | | Lease financing | | 15 | | 12 | | 9 | | 36 | | 64,160 | | 64,196 | | | Commercial and business lending | | 30,040 | | 4,967 | | 24,177 | | 59,184 | | 5,726,780 | | 5,785,964 | | Commercial real estate - investor | | 8,621 | | 8,120 | | 31,294 | | 48,035 | | 2,858,724 | | 2,906,759 | | Real estate construction | | 1,644 | | 1,527 | | 9,922 | | 13,093 | | 642,288 | | 655,381 | | | Commercial real estate lending | | 10,265 | | 9,647 | | 41,216 | | 61,128 | | 3,501,012 | | 3,562,140 | | | | Total commercial | | 40,305 | | 14,614 | | 65,393 | | 120,312 | | 9,227,792 | | 9,348,104 | | Home equity | | 11,607 | | 5,905 | | 28,570 | | 46,082 | | 2,173,412 | | 2,219,494 | | Installment | | 1,453 | | 950 | | 1,599 | | 4,002 | | 462,725 | | 466,727 | | | Total retail | | 13,060 | | 6,855 | | 30,169 | | 50,084 | | 2,636,137 | | 2,686,221 | | | Residential mortgage | | 10,608 | | 5,251 | | 38,883 | | 54,742 | | 3,321,955 | | 3,376,697 | | | | Total consumer | | 23,668 | | 12,106 | | 69,052 | | 104,826 | | 5,958,092 | | 6,062,918 | | | | | Total loans | $ | 63,973 | $ | 26,720 | $ | 134,445 | $ | 225,138 | $ | 15,185,884 | $ | 15,411,022 | | | | | | | | | | | | | | | | | | | * The recorded investment in loans past due 90 days or more and still accruing totaled $2 million at December 31, 2012 (the same as the reported balances for the accruing loans noted above). |
| The following table presents loans by past due status at December 31, 2011. | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days Past Due | | 60-89 Days Past Due | | 90 Days or More Past Due * | | Total Past Due | | Current | | Total | | | | | | ($ in Thousands) | | Accruing loans | | | | | | | | | | | | | | Commercial and industrial | $ | 3,513 | $ | 5,230 | $ | 3,755 | $ | 12,498 | $ | 3,656,163 | $ | 3,668,661 | | Commercial real estate - owner occupied | | 6,788 | | 304 | | - | | 7,092 | | 1,044,019 | | 1,051,111 | | Lease financing | | 31 | | 73 | | - | | 104 | | 47,446 | | 47,550 | | | Commercial and business lending | | 10,332 | | 5,607 | | 3,755 | | 19,694 | | 4,747,628 | | 4,767,322 | | Commercial real estate - investor | | 2,770 | | 2,200 | | - | | 4,970 | | 2,459,445 | | 2,464,415 | | Real estate construction | | 873 | | 123 | | 481 | | 1,477 | | 540,763 | | 542,240 | | | Commercial real estate lending | | 3,643 | | 2,323 | | 481 | | 6,447 | | 3,000,208 | | 3,006,655 | | | | Total commercial | | 13,975 | | 7,930 | | 4,236 | | 26,141 | | 7,747,836 | | 7,773,977 | | Home equity | | 9,399 | | 2,790 | | - | | 12,189 | | 2,445,608 | | 2,457,797 | | Installment | | 1,784 | | 808 | | 689 | | 3,281 | | 551,786 | | 555,067 | | | Total retail | | 11,183 | | 3,598 | | 689 | | 15,470 | | 2,997,394 | | 3,012,864 | | | Residential mortgage | | 6,320 | | 904 | | - | | 7,224 | | 2,880,234 | | 2,887,458 | | | | Total consumer | | 17,503 | | 4,502 | | 689 | | 22,694 | | 5,877,628 | | 5,900,322 | | | | | Total accruing loans | $ | 31,478 | $ | 12,432 | $ | 4,925 | $ | 48,835 | $ | 13,625,464 | $ | 13,674,299 | | | | | | | | | | | | | | | | | | | Nonaccrual loans | | | | | | | | | | | | | | Commercial and industrial | $ | 5,374 | $ | 6,933 | $ | 20,792 | $ | 33,099 | $ | 22,976 | $ | 56,075 | | Commercial real estate - owner occupied | | 2,190 | | 185 | | 19,724 | | 22,099 | | 13,619 | | 35,718 | | Lease financing | | - | | - | | 858 | | 858 | | 9,786 | | 10,644 | | | Commercial and business lending | | 7,564 | | 7,118 | | 41,374 | | 56,056 | | 46,381 | | 102,437 | | Commercial real estate - investor | | 2,332 | | 2,730 | | 31,529 | | 36,591 | | 62,761 | | 99,352 | | Real estate construction | | 36 | | 482 | | 18,625 | | 19,143 | | 22,663 | | 41,806 | | | Commercial real estate lending | | 2,368 | | 3,212 | | 50,154 | | 55,734 | | 85,424 | | 141,158 | | | | Total commercial | | 9,932 | | 10,330 | | 91,528 | | 111,790 | | 131,805 | | 243,595 | | Home equity | | 2,818 | | 2,408 | | 34,976 | | 40,202 | | 6,705 | | 46,907 | | Installment | | 403 | | 373 | | 599 | | 1,375 | | 1,340 | | 2,715 | | | Total retail | | 3,221 | | 2,781 | | 35,575 | | 41,577 | | 8,045 | | 49,622 | | | Residential mortgage | | 1,981 | | 4,301 | | 43,153 | | 49,435 | | 14,120 | | 63,555 | | | | Total consumer | | 5,202 | | 7,082 | | 78,728 | | 91,012 | | 22,165 | | 113,177 | | | | | Total nonaccrual loans | $ | 15,134 | $ | 17,412 | $ | 170,256 | $ | 202,802 | $ | 153,970 | $ | 356,772 | | | | | | | | | | | | | | | | | | | Total loans | | | | | | | | | | | | | | Commercial and industrial | $ | 8,887 | $ | 12,163 | $ | 24,547 | $ | 45,597 | $ | 3,679,139 | $ | 3,724,736 | | Commercial real estate - owner occupied | | 8,978 | | 489 | | 19,724 | | 29,191 | | 1,057,638 | | 1,086,829 | | Lease financing | | 31 | | 73 | | 858 | | 962 | | 57,232 | | 58,194 | | | Commercial and business lending | | 17,896 | | 12,725 | | 45,129 | | 75,750 | | 4,794,009 | | 4,869,759 | | Commercial real estate - investor | | 5,102 | | 4,930 | | 31,529 | | 41,561 | | 2,522,206 | | 2,563,767 | | Real estate construction | | 909 | | 605 | | 19,106 | | 20,620 | | 563,426 | | 584,046 | | | Commercial real estate lending | | 6,011 | | 5,535 | | 50,635 | | 62,181 | | 3,085,632 | | 3,147,813 | | | | Total commercial | | 23,907 | | 18,260 | | 95,764 | | 137,931 | | 7,879,641 | | 8,017,572 | | Home equity | | 12,217 | | 5,198 | | 34,976 | | 52,391 | | 2,452,313 | | 2,504,704 | | Installment | | 2,187 | | 1,181 | | 1,288 | | 4,656 | | 553,126 | | 557,782 | | | Total retail | | 14,404 | | 6,379 | | 36,264 | | 57,047 | | 3,005,439 | | 3,062,486 | | | Residential mortgage | | 8,301 | | 5,205 | | 43,153 | | 56,659 | | 2,894,354 | | 2,951,013 | | | | Total consumer | | 22,705 | | 11,584 | | 79,417 | | 113,706 | | 5,899,793 | | 6,013,499 | | | | | Total loans | $ | 46,612 | $ | 29,844 | $ | 175,181 | $ | 251,637 | $ | 13,779,434 | $ | 14,031,071 | | | | | | | | | | | | | | | | | | | * The recorded investment in loans past due 90 days or more and still accruing totaled $5 million at December 31, 2011 (the same as the reported balances for the accruing loans noted above). |
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| Summarized details of impaired Loans |
| The following table presents impaired loans at December 31, 2012. | | | | | | | | | | | | | | | | | | | | | | Recorded Investment | | Unpaid Principal Balance | | Related Allowance | | Average Recorded Investment | | Interest Income Recognized* | | Loans with a related allowance | | ($ in Thousands) | | Commercial and industrial | $ | 57,985 | $ | 65,521 | $ | 13,741 | $ | 56,508 | $ | 2,187 | | Commercial real estate - owner occupied | | 24,600 | | 27,700 | | 3,811 | | 26,531 | | 1,043 | | Lease financing | | 7 | | 7 | | - | | 120 | | - | | | Commercial and business lending | | 82,592 | | 93,228 | | 17,552 | | 83,159 | | 3,230 | | Commercial real estate - investor | | 80,766 | | 96,581 | | 9,687 | | 85,642 | | 2,891 | | Real estate construction | | 16,299 | | 22,311 | | 3,411 | | 19,122 | | 437 | | | Commercial real estate lending | | 97,065 | | 118,892 | | 13,098 | | 104,764 | | 3,328 | | | | Total commercial | | 179,657 | | 212,120 | | 30,650 | | 187,923 | | 6,558 | | Home equity | | 47,113 | | 54,456 | | 24,580 | | 50,334 | | 1,962 | | Installment | | 2,491 | | 2,847 | | 1,155 | | 2,773 | | 172 | | | Total retail | | 49,604 | | 57,303 | | 25,735 | | 53,107 | | 2,134 | | | Residential mortgage | | 72,408 | | 81,959 | | 12,906 | | 76,989 | | 2,211 | | | | Total consumer | | 122,012 | | 139,262 | | 38,641 | | 130,096 | | 4,345 | | | | | Total loans | $ | 301,669 | $ | 351,382 | $ | 69,291 | $ | 318,019 | $ | 10,903 | | | | | | | | | | | | | | | | | Loans with no related allowance | | | | | | | | | | | | Commercial and industrial | $ | 9,337 | $ | 16,339 | $ | - | $ | 10,883 | $ | 229 | | Commercial real estate - owner occupied | | 13,506 | | 16,582 | | - | | 14,425 | | 68 | | Lease financing | | 3,024 | | 3,024 | | - | | 3,896 | | - | | | Commercial and business lending | | 25,867 | | 35,945 | | - | | 29,204 | | 297 | | Commercial real estate - investor | | 19,581 | | 28,531 | | - | | 20,490 | | 173 | | Real estate construction | | 15,533 | | 24,724 | | - | | 18,350 | | 109 | | | Commercial real estate lending | | 35,114 | | 53,255 | | - | | 38,840 | | 282 | | | | Total commercial | | 60,981 | | 89,200 | | - | | 68,044 | | 579 | | Home equity | | 2,070 | | 2,269 | | - | | 2,164 | | 36 | | Installment | | - | | - | | - | | - | | - | | | Total retail | | 2,070 | | 2,269 | | - | | 2,164 | | 36 | | | Residential mortgage | | 9,235 | | 12,246 | | - | | 11,566 | | 208 | | | | Total consumer | | 11,305 | | 14,515 | | - | | 13,730 | | 244 | | | | | Total loans | $ | 72,286 | $ | 103,715 | $ | - | $ | 81,774 | $ | 823 | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | Commercial and industrial | $ | 67,322 | $ | 81,860 | $ | 13,741 | $ | 67,391 | $ | 2,416 | | Commercial real estate - owner occupied | | 38,106 | | 44,282 | | 3,811 | | 40,956 | | 1,111 | | Lease financing | | 3,031 | | 3,031 | | - | | 4,016 | | - | | | Commercial and business lending | | 108,459 | | 129,173 | | 17,552 | | 112,363 | | 3,527 | | Commercial real estate - investor | | 100,347 | | 125,112 | | 9,687 | | 106,132 | | 3,064 | | Real estate construction | | 31,832 | | 47,035 | | 3,411 | | 37,472 | | 546 | | | Commercial real estate lending | | 132,179 | | 172,147 | | 13,098 | | 143,604 | | 3,610 | | | | Total commercial | | 240,638 | | 301,320 | | 30,650 | | 255,967 | | 7,137 | | Home equity | | 49,183 | | 56,725 | | 24,580 | | 52,498 | | 1,998 | | Installment | | 2,491 | | 2,847 | | 1,155 | | 2,773 | | 172 | | | Total retail | | 51,674 | | 59,572 | | 25,735 | | 55,271 | | 2,170 | | | Residential mortgage | | 81,643 | | 94,205 | | 12,906 | | 88,555 | | 2,419 | | | | Total consumer | | 133,317 | | 153,777 | | 38,641 | | 143,826 | | 4,589 | | | | | Total loans | $ | 373,955 | $ | 455,097 | $ | 69,291 | $ | 399,793 | $ | 11,726 | | | | | | | | | | | | | | | | | *Interest income recognized included $6 million of interest income recognized on accruing restructured loans for the year ended December 31, 2012. |
| The following table presents impaired loans at December 31, 2011. | | | | | | | | | | | | | | | | | | | | | | Recorded Investment | | Unpaid Principal Balance | | Related Allowance | | Average Recorded Investment | | Interest Income Recognized* | | Loans with a related allowance | | ($ in Thousands) | | Commercial and industrial | $ | 57,380 | $ | 65,945 | $ | 15,307 | $ | 65,042 | $ | 2,265 | | Commercial real estate - owner occupied | | 27,456 | | 31,221 | | 7,570 | | 28,938 | | 587 | | Lease financing | | 1,176 | | 1,176 | | 195 | | 1,792 | | 40 | | | Commercial and business lending | | 86,012 | | 98,342 | | 23,072 | | 95,772 | | 2,892 | | Commercial real estate - investor | | 101,704 | | 117,469 | | 25,001 | | 107,153 | | 3,552 | | Real estate construction | | 30,100 | | 38,680 | | 9,185 | | 35,411 | | 1,220 | | | Commercial real estate lending | | 131,804 | | 156,149 | | 34,186 | | 142,564 | | 4,772 | | | | Total commercial | | 217,816 | | 254,491 | | 57,258 | | 238,336 | | 7,664 | | Home equity | | 52,756 | | 58,221 | | 30,836 | | 56,069 | | 1,909 | | Installment | | 3,730 | | 4,059 | | 2,021 | | 4,135 | | 217 | | | Total retail | | 56,486 | | 62,280 | | 32,857 | | 60,204 | | 2,126 | | | Residential mortgage | | 74,415 | | 81,215 | | 14,664 | | 77,987 | | 2,197 | | | | Total consumer | | 130,901 | | 143,495 | | 47,521 | | 138,191 | | 4,323 | | | | | Total loans | $ | 348,717 | $ | 397,986 | $ | 104,779 | $ | 376,527 | $ | 11,987 | | | | | | | | | | | | | | | | | Loans with no related allowance | | | | | | | | | | | | Commercial and industrial | $ | 21,247 | $ | 27,631 | $ | - | $ | 23,514 | $ | 532 | | Commercial real estate - owner occupied | | 16,400 | | 20,426 | | - | | 18,609 | | 200 | | Lease financing | | 9,468 | | 9,468 | | - | | 11,436 | | - | | | Commercial and business lending | | 47,115 | | 57,525 | | - | | 53,559 | | 732 | | Commercial real estate - investor | | 41,065 | | 63,872 | | - | | 50,936 | | 242 | | Real estate construction | | 22,683 | | 41,636 | | - | | 30,937 | | 330 | | | Commercial real estate lending | | 63,748 | | 105,508 | | - | | 81,873 | | 572 | | | | Total commercial | | 110,863 | | 163,033 | | - | | 135,432 | | 1,304 | | Home equity | | 3,101 | | 5,087 | | - | | 3,314 | | 6 | | Installment | | - | | - | | - | | - | | - | | | Total retail | | 3,101 | | 5,087 | | - | | 3,314 | | 6 | | | Residential mortgage | | 7,255 | | 7,806 | | - | | 7,376 | | 117 | | | | Total consumer | | 10,356 | | 12,893 | | - | | 10,690 | | 123 | | | | | Total loans | $ | 121,219 | $ | 175,926 | $ | - | $ | 146,122 | $ | 1,427 | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | Commercial and industrial | $ | 78,627 | $ | 93,576 | $ | 15,307 | $ | 88,556 | $ | 2,797 | | Commercial real estate - owner occupied | | 43,856 | | 51,647 | | 7,570 | | 47,547 | | 787 | | Lease financing | | 10,644 | | 10,644 | | 195 | | 13,228 | | 40 | | | Commercial and business lending | | 133,127 | | 155,867 | | 23,072 | | 149,331 | | 3,624 | | Commercial real estate - investor | | 142,769 | | 181,341 | | 25,001 | | 158,089 | | 3,794 | | Real estate construction | | 52,783 | | 80,316 | | 9,185 | | 66,348 | | 1,550 | | | Commercial real estate lending | | 195,552 | | 261,657 | | 34,186 | | 224,437 | | 5,344 | | | | Total commercial | | 328,679 | | 417,524 | | 57,258 | | 373,768 | | 8,968 | | Home equity | | 55,857 | | 63,308 | | 30,836 | | 59,383 | | 1,915 | | Installment | | 3,730 | | 4,059 | | 2,021 | | 4,135 | | 217 | | | Total retail | | 59,587 | | 67,367 | | 32,857 | | 63,518 | | 2,132 | | | Residential mortgage | | 81,670 | | 89,021 | | 14,664 | | 85,363 | | 2,314 | | | | Total consumer | | 141,257 | | 156,388 | | 47,521 | | 148,881 | | 4,446 | | | | | Total loans | $ | 469,936 | $ | 573,912 | $ | 104,779 | $ | 522,649 | $ | 13,414 | | | | | | | | | | | | | | | | | *Interest income recognized included $6 million of interest income recognized on accruing restructured loans for the year ended December 31, 2011. |
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| Nonaccrual and Performing Restructured Loans |
| | | December 31, 2012 | | December 31, 2011 | | | | | Performing Restructured Loans | | Nonaccrual Restructured Loans * | | Performing Restructured Loans | | Nonaccrual Restructured Loans * | | | | | ($ in Thousands) | | | Commercial and industrial | $ | 28,140 | $ | 12,496 | $ | 22,552 | $ | 12,211 | | | Commercial real estate - owner occupied | | 13,852 | | 11,514 | | 8,138 | | 9,706 | | | Commercial real estate - investor | | 41,660 | | 25,221 | | 43,417 | | 30,303 | | | Real estate construction | | 4,530 | | 6,798 | | 10,977 | | 14,253 | | | Home equity | | 9,968 | | 6,698 | | 8,950 | | 6,268 | | | Installment | | 653 | | 674 | | 1,015 | | 1,163 | | | Residential mortgage | | 22,284 | | 17,189 | | 18,115 | | 13,589 | | | | $ | 121,087 | $ | 80,590 | $ | 113,164 | $ | 87,493 | | | | | | | | | | | | | | * Nonaccrual restructured loans have been included within nonaccrual loans. | | | |
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| Summary of Restructured Loans |
| | | Year Ended December 31, 2012 | | Year Ended December 31, 2011 | | | | Number of Loans | | Recorded Investment (1) | | Unpaid Principal Balance (2) | | Number of Loans | | Recorded Investment (1) | | Unpaid Principal Balance (2) | | | | ($ in Thousands) | | Commercial and industrial | | 85 | $ | 12,827 | $ | 15,834 | | 104 | $ | 31,933 | $ | 36,844 | | Commercial real estate - owner occupied | | 27 | | 11,978 | | 12,766 | | 22 | | 15,841 | | 19,741 | | Commercial real estate - investor | | 25 | | 12,379 | | 13,569 | | 59 | | 42,721 | | 54,132 | | Real estate construction | | 31 | | 2,955 | | 3,549 | | 33 | | 18,308 | | 23,802 | | Home equity | | 111 | | 4,870 | | 6,143 | | 57 | | 4,886 | | 5,428 | | Installment | | 13 | | 298 | | 302 | | 19 | | 1,004 | | 1,048 | | Residential mortgage | | 121 | | 14,292 | | 16,787 | | 42 | | 6,113 | | 8,087 | | | | 413 | $ | 59,599 | $ | 68,950 | | 336 | $ | 120,806 | $ | 149,082 | | | | | | | | | | | | | | | | (1) Represents post-modification outstanding recorded investment. | | | | | | | | (2) Represents pre-modification outstanding recorded investment. | | | | | | |
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| Troubled debt restructurings subsequent redefault |
| | | Year Ended December 31, 2012 | | Year Ended December 31, 2011 | | | | Number of Loans | | Recorded Investment | | Number of Loans | | Recorded Investment | | | | ($ in Thousands) | | Commercial and industrial | | 16 | $ | 1,736 | | 26 | $ | 2,880 | | Commercial real estate - owner occupied | | 10 | | 4,729 | | 6 | | 2,094 | | Commercial real estate - investor | | 13 | | 10,854 | | 16 | | 9,546 | | Real estate construction | | 5 | | 1,695 | | 10 | | 2,846 | | Home equity | | 14 | | 2,049 | | 12 | | 1,422 | | Installment | | 1 | | 12 | | 1 | | 20 | | Residential mortgage | | 10 | | 1,499 | | 10 | | 1,714 | | | | 69 | $ | 22,574 | | 81 | $ | 20,522 | | | | | | | | | | |
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| Loans receivable related parties |
| | | 2012 | | | | | | ($ in Thousands) | | | Balance at beginning of year | $ | 37,751 | | | New loans | | 15,010 | | | Repayments | | (14,610) | | | Changes due to status of executive officers and directors | | (1,180) | | | Balance at end of year | $ | 36,971 | |
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Commercial Loan [Member]
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| Financing Receivable, Impaired [Line Items] |
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| Commercial and Consumer loans by credit quality indicator |
| The following table presents commercial loans by credit quality indicator at December 31, 2012. | | | | | | | | | | | | | | | | | | | | Pass | | Special Mention | | Potential Problem | | Impaired | | Total | | | | | | ($ Thousands) | | Commercial and industrial | $ | 4,208,478 | $ | 97,787 | | 128,434 | $ | 67,322 | $ | 4,502,021 | | Commercial real estate - owner occupied | | 1,030,632 | | 51,417 | | 99,592 | | 38,106 | | 1,219,747 | | Lease financing | | 58,099 | | 2,802 | | 264 | | 3,031 | | 64,196 | | | Commercial and business lending | | 5,297,209 | | 152,006 | | 228,290 | | 108,459 | | 5,785,964 | | Commercial real estate - investor | | 2,634,035 | | 65,309 | | 107,068 | | 100,347 | | 2,906,759 | | Real estate construction | | 603,481 | | 6,976 | | 13,092 | | 31,832 | | 655,381 | | | Commercial real estate lending | | 3,237,516 | | 72,285 | | 120,160 | | 132,179 | | 3,562,140 | | | | Total commercial | $ | 8,534,725 | $ | 224,291 | $ | 348,450 | $ | 240,638 | $ | 9,348,104 | | | | | | | | | | | | | | | | The following table presents commercial loans by credit quality indicator at December 31, 2011. | | | | | | | | | | | | | | | | | | | | Pass | | Special Mention | | Potential Problem | | Impaired | | Total | | | | | | ($ Thousands) | | Commercial and industrial | $ | 3,283,090 | $ | 209,713 | | 153,306 | $ | 78,627 | $ | 3,724,736 | | Commercial real estate - owner occupied | | 853,517 | | 53,090 | | 136,366 | | 43,856 | | 1,086,829 | | Lease financing | | 46,570 | | 822 | | 158 | | 10,644 | | 58,194 | | | Commercial and business lending | | 4,183,177 | | 263,625 | | 289,830 | | 133,127 | | 4,869,759 | | Commercial real estate - investor | | 2,055,124 | | 135,668 | | 230,206 | | 142,769 | | 2,563,767 | | Real estate construction | | 494,839 | | 8,775 | | 27,649 | | 52,783 | | 584,046 | | | Commercial real estate lending | | 2,549,963 | | 144,443 | | 257,855 | | 195,552 | | 3,147,813 | | | | Total commercial | $ | 6,733,140 | $ | 408,068 | $ | 547,685 | $ | 328,679 | $ | 8,017,572 |
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Consumer Loan [Member]
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| Financing Receivable, Impaired [Line Items] |
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| Commercial and Consumer loans by credit quality indicator |
| The following table presents consumer loans by credit quality indicator at December 31, 2012. | | | | | | | | | | | | | | | | | | | | Performing | | 30-89 Days Past Due | | Potential Problem | | Impaired | | Total | | | | | | ($ Thousands) | | Home equity | $ | 2,153,103 | $ | 13,538 | | 3,670 | $ | 49,183 | $ | 2,219,494 | | Installment | | 462,016 | | 2,109 | | 111 | | 2,491 | | 466,727 | | | Total retail | | 2,615,119 | | 15,647 | | 3,781 | | 51,674 | | 2,686,221 | | Residential mortgage | | 3,276,889 | | 9,403 | | 8,762 | | 81,643 | | 3,376,697 | | | Total consumer | $ | 5,892,008 | $ | 25,050 | $ | 12,543 | $ | 133,317 | $ | 6,062,918 | | | | | | | | | | | | | | | | The following table presents consumer loans by credit quality indicator at December 31, 2011. | | | | | | | | | | | | | | | | | | | | Performing | | 30-89 Days Past Due | | Potential Problem | | Impaired | | Total | | | | | | ($ Thousands) | | Home equity | $ | 2,431,207 | $ | 12,189 | | 5,451 | $ | 55,857 | $ | 2,504,704 | | Installment | | 551,227 | | 2,592 | | 233 | | 3,730 | | 557,782 | | | Total retail | | 2,982,434 | | 14,781 | | 5,684 | | 59,587 | | 3,062,486 | | Residential mortgage | | 2,849,082 | | 7,224 | | 13,037 | | 81,670 | | 2,951,013 | | | Total consumer | $ | 5,831,516 | $ | 22,005 | $ | 18,721 | $ | 141,257 | $ | 6,013,499 |
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