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Loans and Leases (Tables)
12 Months Ended
Dec. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Changes in Carrying Value of Accretable Yield for PCI Loans [Table Text Block]
The following table documents changes to the amount of accretable yield for 2017 and 2016.
(Dollars in thousands)
2017
 
2016
Balance at January 1
$
335,074

 
$
343,856

Additions from acquisitions
44,120

 
12,488

Accretion
(76,594
)
 
(76,565
)
Reclassifications from nonaccretable difference
18,901

 
29,931

Changes in expected cash flows that do not affect nonaccretable difference
(4,822
)
 
25,364

Balance at December 31
$
316,679

 
$
335,074

Loans And Leases Outstanding
Loans and leases outstanding include the following at December 31, 2017 and 2016:
(Dollars in thousands)
December 31, 2017
 
December 31, 2016
Non-PCI loans and leases:
 
 
 
Commercial:
 
 
 
Construction and land development
$
669,215

 
$
649,157

Commercial mortgage
9,729,022

 
9,026,220

Other commercial real estate
473,433

 
351,291

Commercial and industrial
2,730,407

 
2,567,501

Lease financing
894,801

 
826,270

Other
302,176

 
340,264

Total commercial loans
14,799,054

 
13,760,703

Noncommercial:
 
 
 
Residential mortgage
3,523,786

 
2,889,124

Revolving mortgage
2,701,525

 
2,601,344

Construction and land development
248,289

 
231,400

Consumer
1,561,173

 
1,446,138

Total noncommercial loans
8,034,773

 
7,168,006

Total non-PCI loans and leases
22,833,827

 
20,928,709

PCI loans:
 
 
 
Commercial:
 
 
 
Construction and land development
13,654

 
20,766

Commercial mortgage
358,103

 
453,013

Other commercial real estate
17,124

 
12,645

Commercial and industrial
6,374

 
11,844

Other
1,683

 
1,702

Total commercial loans
396,938

 
499,970

Noncommercial:
 
 
 
Residential mortgage
299,318

 
268,777

Revolving mortgage
63,908

 
38,650

Construction and land development
644

 

Consumer
2,190

 
1,772

Total noncommercial loans
366,060

 
309,199

Total PCI loans
762,998

 
809,169

Total loans and leases
$
23,596,825

 
$
21,737,878

Composition Of The Loans And Leases Outstanding By Credit Quality Indicator
The composition of the loans and leases outstanding at December 31, 2017, and December 31, 2016, by credit quality indicator is provided below:
 
December 31, 2017
(Dollars in thousands)
Non-PCI commercial loans and leases
Grade:
Construction and land
development
 
Commercial
mortgage
 
Other
commercial real estate
 
Commercial and
industrial
 
Lease financing
 
Other
 
Total non-PCI commercial loans and leases
Pass
$
665,197

 
$
9,521,019

 
$
468,942

 
$
2,511,307

 
$
883,779

 
$
298,064

 
$
14,348,308

Special mention
691

 
78,643

 
1,260

 
44,130

 
4,340

 
2,919

 
131,983

Substandard
3,327

 
128,848

 
3,224

 
18,617

 
6,585

 
1,193

 
161,794

Doubtful

 
262

 

 
385

 

 

 
647

Ungraded

 
250

 
7

 
155,968

 
97

 

 
156,322

Total
$
669,215

 
$
9,729,022

 
$
473,433

 
$
2,730,407

 
$
894,801

 
$
302,176

 
$
14,799,054

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
Non-PCI commercial loans and leases
 
Construction and land
development
 
Commercial
mortgage
 
Other
commercial real estate
 
Commercial and
industrial
 
Lease financing
 
Other
 
Total non-PCI commercial loans and leases
Pass
$
645,232

 
$
8,821,439

 
$
347,509

 
$
2,402,659

 
$
818,008

 
$
335,831

 
$
13,370,678

Special mention
2,236

 
76,084

 
1,433

 
22,804

 
2,675

 
1,020

 
106,252

Substandard
1,683

 
126,863

 
2,349

 
17,870

 
5,415

 
3,413

 
157,593

Doubtful
6

 
334

 

 
8

 

 

 
348

Ungraded

 
1,500

 

 
124,160

 
172

 

 
125,832

Total
$
649,157

 
$
9,026,220

 
$
351,291

 
$
2,567,501

 
$
826,270

 
$
340,264

 
$
13,760,703


 
December 31, 2017
 
Non-PCI noncommercial loans and leases
(Dollars in thousands)
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total non-PCI noncommercial
loans and leases
Current
$
3,465,935

 
$
2,674,390

 
$
239,648

 
$
1,546,473

 
$
7,926,446

30-59 days past due
27,886

 
13,428

 
7,154

 
8,812

 
57,280

60-89 days past due
8,064

 
3,485

 
108

 
2,893

 
14,550

90 days or greater past due
21,901

 
10,222

 
1,379

 
2,995

 
36,497

Total
$
3,523,786

 
$
2,701,525

 
$
248,289

 
$
1,561,173

 
$
8,034,773

 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
Non-PCI noncommercial loans and leases
 
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total non-PCI noncommercial
loans and leases
Current
$
2,839,045

 
$
2,576,942

 
$
229,106

 
$
1,434,658

 
$
7,079,751

30-59 days past due
27,760

 
14,290

 
1,139

 
6,775

 
49,964

60-89 days past due
7,039

 
2,698

 
598

 
2,779

 
13,114

90 days or greater past due
15,280

 
7,414

 
557

 
1,926

 
25,177

Total
$
2,889,124

 
$
2,601,344

 
$
231,400

 
$
1,446,138

 
$
7,168,006

 
 
December 31, 2017
(Dollars in thousands)
PCI commercial loans
Grade:
Construction
and land
development
 
Commercial
mortgage
 
Other
commercial
real estate
 
Commercial
and
industrial
 
Other
 
Total PCI commercial
loans
Pass
$
5,336

 
$
181,353

 
$
13,830

 
$
4,057

 
$
275

 
$
204,851

Special mention
320

 
61,295

 
323

 
374

 
945

 
63,257

Substandard
5,792

 
106,807

 
2,163

 
1,843

 
463

 
117,068

Doubtful
2,206

 
8,648

 
808

 
73

 

 
11,735

Ungraded

 

 

 
27

 

 
27

Total
$
13,654

 
$
358,103

 
$
17,124

 
$
6,374

 
$
1,683

 
$
396,938

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
PCI commercial loans
 
Construction
and land
development
 
Commercial
mortgage
 
Other
commercial
real estate
 
Commercial
and
industrial
 
Other
 
Total PCI commercial
loans
Pass
$
8,103

 
$
234,023

 
$
8,744

 
$
7,253

 
$
696

 
$
258,819

Special mention
950

 
67,848

 
102

 
620

 

 
69,520

Substandard
7,850

 
138,312

 
3,462

 
3,648

 
1,006

 
154,278

Doubtful
3,863

 
12,830

 
337

 
303

 

 
17,333

Ungraded

 

 

 
20

 

 
20

Total
$
20,766

 
$
453,013

 
$
12,645

 
$
11,844

 
$
1,702

 
$
499,970



 
December 31, 2017
 
PCI noncommercial loans
(Dollars in thousands)
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total PCI noncommercial
loans
Current
$
257,166

 
$
55,871

 
$
2

 
$
2,074

 
$
315,113

30-59 days past due
10,525

 
2,767

 

 
51

 
13,343

60-89 days past due
4,846

 
701

 
642

 
23

 
6,212

90 days or greater past due
26,781

 
4,569

 

 
42

 
31,392

Total
$
299,318

 
$
63,908

 
$
644

 
$
2,190

 
$
366,060

 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
PCI noncommercial loans
 
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total PCI noncommercial
loans
Current
$
230,065

 
$
33,827

 
$

 
$
1,637

 
$
265,529

30-59 days past due
9,595

 
618

 

 
68

 
10,281

60-89 days past due
6,528

 
268

 

 
4

 
6,800

90 days or greater past due
22,589

 
3,937

 

 
63

 
26,589

Total
$
268,777

 
$
38,650

 
$

 
$
1,772

 
$
309,199


Aging Of The Outstanding Loans And Leases By Class Excluding Loans Impaired At Acquisition Date
The aging of the outstanding non-PCI loans and leases, by class, at December 31, 2017, and December 31, 2016 is provided in the table below.
The calculation of days past due begins on the day after payment is due and includes all days through which all required interest or principal has not been paid. Loans and leases 30 days or less past due are considered current as various grace periods that allow borrowers to make payments within a stated period after the due date and still remain in compliance with the loan agreement.
 
December 31, 2017
(Dollars in thousands)
30-59 days
past due
 
60-89 days
past due
 
90 days or greater
 
Total past
due
 
Current
 
Total loans
and leases
Non-PCI loans and leases:
 
 
 
 
 
 
 
 
 
 
 
Construction and land development - commercial
$
491

 
$
442

 
$
357

 
$
1,290

 
$
667,925

 
$
669,215

Commercial mortgage
12,288

 
2,375

 
6,490

 
21,153

 
9,707,869

 
9,729,022

Other commercial real estate
107

 

 
75

 
182

 
473,251

 
473,433

Commercial and industrial
6,694

 
1,510

 
1,266

 
9,470

 
2,720,937

 
2,730,407

Lease financing
2,983

 
167

 
973

 
4,123

 
890,678

 
894,801

Residential mortgage
27,886

 
8,064

 
21,901

 
57,851

 
3,465,935

 
3,523,786

Revolving mortgage
13,428

 
3,485

 
10,222

 
27,135

 
2,674,390

 
2,701,525

Construction and land development - noncommercial
7,154

 
108

 
1,379

 
8,641

 
239,648

 
248,289

Consumer
8,812

 
2,893

 
2,995

 
14,700

 
1,546,473

 
1,561,173

Other
188

 
6

 
133

 
327

 
301,849

 
302,176

Total non-PCI loans and leases
$
80,031

 
$
19,050

 
$
45,791

 
$
144,872

 
$
22,688,955

 
$
22,833,827

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
30-59 days
past due
 
60-89 days
past due
 
90 days or greater
 
Total past
due
 
Current
 
Total loans
and leases
Non-PCI loans and leases:
 
 
 
 
 
 
 
 
 
 
 
Construction and land development - commercial
$
1,845

 
$
39

 
$
286

 
$
2,170

 
$
646,987

 
$
649,157

Commercial mortgage
11,592

 
2,773

 
10,329

 
24,694

 
9,001,526

 
9,026,220

Other commercial real estate
310

 

 

 
310

 
350,981

 
351,291

Commercial and industrial
7,918

 
2,102

 
1,051

 
11,071

 
2,556,430

 
2,567,501

Lease financing
1,175

 
444

 
863

 
2,482

 
823,788

 
826,270

Residential mortgage
27,760

 
7,039

 
15,280

 
50,079

 
2,839,045

 
2,889,124

Revolving mortgage
14,290

 
2,698

 
7,414

 
24,402

 
2,576,942

 
2,601,344

Construction and land development - noncommercial
1,139

 
598

 
557

 
2,294

 
229,106

 
231,400

Consumer
6,775

 
2,779

 
1,926

 
11,480

 
1,434,658

 
1,446,138

Other
72

 

 
198

 
270

 
339,994

 
340,264

Total non-PCI loans and leases
$
72,876

 
$
18,472

 
$
37,904

 
$
129,252

 
$
20,799,457

 
$
20,928,709


Recorded Investment, By Class, In Loans And Leases On Nonaccrual Status And Loans And Leases Greater Than 90 Days Past Due And Still Accruing
The recorded investment, by class, in loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at December 31, 2017 and December 31, 2016 for non-PCI loans, were as follows:
 
December 31, 2017
 
December 31, 2016
(Dollars in thousands)
Nonaccrual
loans and
leases
 
Loans and leases > 90 days and accruing
 
Nonaccrual
loans and
leases
 
Loans and
leases > 90 days and accruing
Non-PCI loans and leases:
 
 
 
 
 
 
 
Construction and land development - commercial
$
1,040

 
$

 
$
606

 
$

Commercial mortgage
22,625

 
397

 
26,527

 
482

Other commercial real estate
916

 

 
86

 

Commercial and industrial
2,884

 
428

 
4,275

 
440

Lease financing
1,992

 

 
359

 
683

Residential mortgage
38,942

 

 
32,470

 
37

Revolving mortgage
19,990

 

 
14,308

 

Construction and land development - noncommercial
1,989

 

 
1,121

 

Consumer
1,992

 
2,153

 
2,236

 
1,076

Other
164

 

 
319

 

Total non-PCI loans and leases
$
92,534

 
$
2,978

 
$
82,307

 
$
2,718

Schedule of Contractually Required Payments Including Principal and Interest Expected Cash Flows to be Collected and Fair Values [Table Text Block]
The following table relates to PCI loans acquired in the HCB and Guaranty transactions in 2017 and the NMSB and FCSB transactions in 2016. The table summarizes the contractually required payments, which include principal and interest, expected cash flows to be collected, and the fair value of PCI loans at the respective acquisition dates.
(Dollars in thousands)
Guaranty
 
HCB
 
FCSB
 
NMSB
Contractually required payments
$
158,456

 
$
111,250

 
$
58,036

 
$
50,613

Cash flows expected to be collected
$
142,000

 
$
101,802

 
$
50,665

 
$
42,513

Fair value of loans at acquisition
$
114,533

 
$
85,149

 
$
43,776

 
$
36,914

Changes In Carrying Value Of Acquired Impaired Loans
The recorded fair values of PCI loans acquired in the HCB and Guaranty transactions in 2017 and the NMSB and FCSB transactions in 2016 as of their respective acquisition date were as follows:
(Dollars in thousands)
Guaranty
 
HCB
 
FCSB
 
NMSB
Commercial:
 
 
 
 
 
 
 
Construction and land development
$
55

 
$
7,061

 
$
559

 
$
125

Commercial mortgage
644

 
21,836

 
24,156

 
26,216

Other commercial real estate

 
6,404

 
1,158

 
1,471

Commercial and industrial
2

 
19,675

 
1,783

 
1,847

Other

 

 
1,619

 

Total commercial loans
701

 
54,976

 
29,275

 
29,659

Noncommercial:
 
 
 
 
 
 
 
Residential mortgage
80,475

 
25,857

 
12,518

 
6,416

Revolving mortgage
33,319

 
3,434

 
1,117

 
121

Construction and land development
26

 

 
340

 

Consumer
12

 
882

 
526

 
718

Total noncommercial loans
113,832

 
30,173

 
14,501

 
7,255

Total PCI loans
$
114,533

 
$
85,149

 
$
43,776

 
$
36,914

The following table provides changes in the carrying value of PCI loans during the years ended December 31, 2017 and 2016:
(Dollars in thousands)
2017
 
2016
Balance at January 1
$
809,169

 
$
950,516

Fair value of PCI loans acquired during the year
199,682

 
80,690

Accretion
76,594

 
76,565

Payments received and other changes, net
(322,447
)
 
(298,602
)
Balance at December 31
$
762,998

 
$
809,169

Unpaid principal balance at December 31
$
1,175,441

 
$
1,266,395

Changes In The Amount Of Accretable Yield
Purchased non-PCI loans and leases
The following table relates to purchased non-PCI loans acquired in the Guaranty transaction in 2017 and the Cordia transaction in 2016 and provides the contractually required payments, estimate of contractual cash flows not expected to be collected and fair value of the acquired loans at the acquisition date.
(Dollars in thousands)
Guaranty
 
Cordia
Contractually required payments
$
703,916

 
$
296,529

Contractual cash flows not expected to be collected
$
16,073

 
$
2,678

Fair value at acquisition date
$
574,553

 
$
241,392


The recorded fair values of purchased non-PCI loans acquired in the Guaranty transaction in 2017 and the Cordia transaction in 2016 as of the acquisition date are as follows:
(Dollars in thousands)
Guaranty
 
Cordia
Commercial:
 
 
 
Construction and land development
$

 
$
3,066

Commercial mortgage
850

 
77,455

Other commercial real estate

 
22,174

Commercial and industrial
583

 
31,773

Other
183,816

 

Total commercial loans and leases
185,249

 
134,468

Noncommercial:
 
 
 
Residential mortgage
309,612

 
16,839

Revolving mortgage
54,780

 
9,867

Consumer
24,912

 
80,218

Total noncommercial loans and leases
389,304

 
106,924

Total non-PCI loans
$
574,553

 
$
241,392