XML 52 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
CREDIT QUALITY ASSESSMENT (Tables)
 12 Months Ended
Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Summary Information on Allowance for Loan and Lease Loss Activity
Summary information on the allowance for loan and lease loss activity for the years ended December 31 is provided in the following table:
 
(In thousands)
 
2013
 
2012
 
2011
 
Balance at beginning of year
 
$
42,957
 
$
49,426
 
$
62,135
 
Provision (credit) for loan and lease losses
 
 
(1,084)
 
 
3,649
 
 
1,428
 
Loan and lease charge-offs
 
 
(11,165)
 
 
(12,804)
 
 
(16,505)
 
Loan and lease recoveries
 
 
8,058
 
 
2,686
 
 
2,368
 
Net charge-offs
 
 
(3,107)
 
 
(10,118)
 
 
(14,137)
 
Balance at period end
 
$
38,766
 
$
42,957
 
$
49,426
 
Activity in Allowance for Loan and Lease Losses by Respective Loan Portfolio Segment
The following tables provide information on the activity in the allowance for loan and lease losses by the respective loan portfolio segment for the years ended December 31:
 
 
 
2013
 
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
Commercial
 
 
Commercial
 
 
Owner
 
 
 
 
 
 
 
 
 
 
Residential
 
 
Residential
 
 
 
 
 
(Dollars in thousands)
 
Business
 
 
AD&C
 
 
Investor R/E
 
 
Occupied R/E
 
 
Leasing
 
 
Consumer
 
 
Mortgage
 
 
Construction
 
 
Total
 
Balance at beginning of year
 
$
6,495
 
 
$
4,737
 
 
$
9,583
 
 
$
6,997
 
 
$
332
 
 
$
3,846
 
 
$
8,522
 
 
$
2,445
 
 
$
42,957
 
Provision (credit)
 
 
1,910
 
 
 
(3,978)
 
 
 
1,100
 
 
 
(874)
 
 
 
(326)
 
 
 
1,951
 
 
 
329
 
 
 
(1,196)
 
 
 
(1,084)
 
Charge-offs
 
 
(2,915)
 
 
 
(85)
 
 
 
(4,774)
 
 
 
(240)
 
 
 
-
 
 
 
(1,853)
 
 
 
(1,194)
 
 
 
(104)
 
 
 
(11,165)
 
Recoveries
 
 
818
 
 
 
3,080
 
 
 
3,354
 
 
 
425
 
 
 
10
 
 
 
198
 
 
 
162
 
 
 
11
 
 
 
8,058
 
Net charge-offs
 
 
(2,097)
 
 
 
2,995
 
 
 
(1,420)
 
 
 
185
 
 
 
10
 
 
 
(1,655)
 
 
 
(1,032)
 
 
 
(93)
 
 
 
(3,107)
 
Balance at end of period
 
$
6,308
 
 
$
3,754
 
 
$
9,263
 
 
$
6,308
 
 
$
16
 
 
$
4,142
 
 
$
7,819
 
 
$
1,156
 
 
$
38,766
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total loans and leases
 
$
356,651
 
 
$
160,696
 
 
$
552,178
 
 
$
592,823
 
 
$
703
 
 
$
373,657
 
 
$
618,381
 
 
$
129,177
 
 
$
2,784,266
 
Allowance for loans and leases to total loans and leases ratio
 
 
1.77
%
 
 
2.34
%
 
 
1.68
%
 
 
1.06
%
 
 
2.28
%
 
 
1.11
%
 
 
1.26
%
 
 
0.89
%
 
 
1.39
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance of loans specifically evaluated for impairment
 
$
5,608
 
 
$
4,128
 
 
$
7,654
 
 
$
7,111
 
 
 
na.
 
 
$
29
 
 
$
6,141
 
 
$
1,852
 
 
$
32,523
 
Allowance for loans specifically evaluated for impairment
 
$
849
 
 
$
1,031
 
 
$
126
 
 
$
426
 
 
 
na.
 
 
 
na.
 
 
$
626
 
 
$
-
 
 
$
3,058
 
Specific allowance to specific loans ratio
 
 
15.14
%
 
 
24.98
%
 
 
1.65
%
 
 
5.99
%
 
 
na.
 
 
 
na.
 
 
 
10.19
%
 
 
0.00
%
 
 
9.40
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance of loans collectively evaluated
 
$
351,043
 
 
$
156,568
 
 
$
544,524
 
 
$
585,712
 
 
$
703
 
 
$
373,628
 
 
$
612,240
 
 
$
127,325
 
 
$
2,751,743
 
Allowance for loans collectively evaluated
 
$
5,459
 
 
$
2,723
 
 
$
9,137
 
 
$
5,882
 
 
$
16
 
 
$
4,142
 
 
$
7,193
 
 
$
1,156
 
 
$
35,708
 
Collective allowance to collective loans ratio
 
 
1.56
%
 
 
1.74
%
 
 
1.68
%
 
 
1.00
%
 
 
2.28
%
 
 
1.11
%
 
 
1.17
%
 
 
0.91
%
 
 
1.30
%
 
 
 
2012
 
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
Commercial
 
 
Commercial
 
 
Owner
 
 
 
 
 
 
 
 
 
 
Residential
 
 
Residential
 
 
 
 
 
(Dollars in thousands)
 
Business
 
 
AD&C
 
 
Investor R/E
 
 
Occupied R/E
 
 
Leasing
 
 
Consumer
 
 
Mortgage
 
 
Construction
 
 
Total
 
Balance at beginning of year
 
$
6,727
 
 
$
6,664
 
 
$
8,248
 
 
$
7,329
 
 
$
795
 
 
$
4,873
 
 
$
10,583
 
 
$
4,207
 
 
$
49,426
 
Provision (credit)
 
 
(758)
 
 
 
826
 
 
 
4,928
 
 
 
804
 
 
 
(478)
 
 
 
44
 
 
 
(167)
 
 
 
(1,550)
 
 
 
3,649
 
Charge-offs
 
 
(1,022)
 
 
 
(3,281)
 
 
 
(3,690)
 
 
 
(1,174)
 
 
 
(8)
 
 
 
(1,298)
 
 
 
(2,107)
 
 
 
(224)
 
 
 
(12,804)
 
Recoveries
 
 
1,548
 
 
 
528
 
 
 
97
 
 
 
38
 
 
 
23
 
 
 
227
 
 
 
213
 
 
 
12
 
 
 
2,686
 
Net charge-offs
 
 
526
 
 
 
(2,753)
 
 
 
(3,593)
 
 
 
(1,136)
 
 
 
15
 
 
 
(1,071)
 
 
 
(1,894)
 
 
 
(212)
 
 
 
(10,118)
 
Balance at end of period
 
$
6,495
 
 
$
4,737
 
 
$
9,583
 
 
$
6,997
 
 
$
332
 
 
$
3,846
 
 
$
8,522
 
 
$
2,445
 
 
$
42,957
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total loans and leases
 
$
346,708
 
 
$
151,933
 
 
$
456,888
 
 
$
571,510
 
 
$
3,421
 
 
$
356,990
 
 
$
523,364
 
 
$
120,314
 
 
$
2,531,128
 
Allowance for loans and leases to total loans and leases ratio
 
 
1.87
%
 
 
3.12
%
 
 
2.10
%
 
 
1.22
%
 
 
9.70
%
 
 
1.08
%
 
 
1.63
%
 
 
2.03
%
 
 
1.70
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance of loans specifically evaluated for impairment
 
$
8,984
 
 
$
6,332
 
 
$
11,843
 
 
$
15,184
 
 
 
na.
 
 
$
31
 
 
$
4,528
 
 
$
1,871
 
 
$
48,773
 
Allowance for loans specifically evaluated for impairment
 
$
2,597
 
 
$
-
 
 
$
774
 
 
$
598
 
 
 
na.
 
 
 
na.
 
 
$
713
 
 
$
467
 
 
$
5,149
 
Specific allowance to specific loans ratio
 
 
28.91
%
 
 
-
 
 
 
6.54
%
 
 
3.94
%
 
 
na.
 
 
 
na.
 
 
 
15.75
%
 
 
24.96
%
 
 
10.56
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance of loans collectively evaluated
 
$
337,724
 
 
$
145,601
 
 
$
445,045
 
 
$
556,326
 
 
$
3,421
 
 
$
356,959
 
 
$
518,836
 
 
$
118,443
 
 
$
2,482,355
 
Allowance for loans collectively evaluated
 
$
3,898
 
 
$
4,737
 
 
$
8,809
 
 
$
6,399
 
 
$
332
 
 
$
3,846
 
 
$
7,809
 
 
$
1,978
 
 
$
37,808
 
Collective allowance to collective loans ratio
 
 
1.15
%
 
 
3.25
%
 
 
1.98
%
 
 
1.15
%
 
 
9.70
%
 
 
1.08
%
 
 
1.51
%
 
 
1.67
%
 
 
1.52
%
Summary of Impaired Loans
The following table provides summary information regarding impaired loans at December 31 and for the years then ended:
 
(In thousands)
 
 
2013
 
 
2012
 
 
2011
 
Impaired loans with a specific allowance
 
$
12,217
 
$
27,526
 
$
36,742
 
Impaired loans without a specific allowance
 
 
20,306
 
 
21,247
 
 
30,833
 
Total impaired loans
 
$
32,523
 
$
48,773
 
$
67,575
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan and lease losses related to impaired loans
 
$
3,058
 
$
5,149
 
$
7,791
 
Allowance for loan and lease losses related to loans collectively evaluated
 
 
35,708
 
 
37,808
 
 
41,635
 
Total allowance for loan and lease losses
 
$
38,766
 
$
42,957
 
$
49,426
 
 
 
 
 
 
 
 
 
 
 
 
Average impaired loans for the period
 
$
38,379
 
$
57,438
 
$
68,377
 
Contractual interest income due on impaired loans during the period
 
$
2,612
 
$
4,433
 
$
4,973
 
Interest income on impaired loans recognized on a cash basis
 
$
1,374
 
$
1,121
 
$
1,523
 
Interest income on impaired loans recognized on an accrual basis
 
$
473
 
$
560
 
$
325
 
Recorded Investment with Respect to Impaired loans, Associated Allowance by Applicable Portfolio Segment and Principal Balance of Impaired Loans Prior to Amounts Charged-Off
The following tables present the recorded investment with respect to impaired loans, the associated allowance by the applicable portfolio segment and the principal balance of the impaired loans prior to amounts charged-off at December 31 for the years indicated:
 
 
 
2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
Total Recorded
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
Investment in
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
Impaired
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Loans
 
Impaired loans with a specific allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
374
 
$
1,360
 
$
749
 
$
2,022
 
$
-
 
$
4,505
 
Restructured accruing
 
 
790
 
 
-
 
 
-
 
 
1,174
 
 
2,365
 
 
4,329
 
Restructured non-accruing
 
 
349
 
 
1,122
 
 
-
 
 
1,274
 
 
638
 
 
3,383
 
Balance
 
$
1,513
 
$
2,482
 
$
749
 
$
4,470
 
$
3,003
 
$
12,217
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance
 
$
849
 
$
1,031
 
$
126
 
$
426
 
$
626
 
$
3,058
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired loans without a specific allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
1,532
 
$
382
 
$
5,440
 
$
646
 
$
-
 
$
8,000
 
Restructured accruing
 
 
1,417
 
 
-
 
 
852
 
 
-
 
 
2,861
 
 
5,130
 
Restructured non-accruing
 
 
1,146
 
 
1,264
 
 
613
 
 
1,995
 
 
2,158
 
 
7,176
 
Balance
 
$
4,095
 
$
1,646
 
$
6,905
 
$
2,641
 
$
5,019
 
$
20,306
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
1,906
 
$
1,742
 
$
6,189
 
$
2,668
 
$
-
 
$
12,505
 
Restructured accruing
 
 
2,207
 
 
-
 
 
852
 
 
1,174
 
 
5,226
 
 
9,459
 
Restructured non-accruing
 
 
1,495
 
 
2,386
 
 
613
 
 
3,269
 
 
2,796
 
 
10,559
 
Balance
 
$
5,608
 
$
4,128
 
$
7,654
 
$
7,111
 
$
8,022
 
$
32,523
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unpaid principal balance in total impaired loans
 
$
7,943
 
$
10,318
 
$
12,351
 
$
8,684
 
$
8,650
 
$
47,946
 
 
 
 
December 31, 2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
Total Recorded
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
Investment in
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
Impaired
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Loans
 
Average impaired loans for the period
 
$
7,153
 
$
5,451
 
$
10,605
 
$
8,386
 
$
6,784
 
$
38,379
 
Contractual interest income due on impaired
    loans during the period
 
$
452
 
$
654
 
$
587
 
$
692
 
$
227
 
 
 
 
Interest income on impaired loans recognized on
    a cash basis
 
$
238
 
$
253
 
$
75
 
$
725
 
$
83
 
 
 
 
Interest income on impaired loans recognized on
    an accrual basis
 
$
133
 
$
-
 
$
30
 
$
77
 
$
233
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
Total Recorded
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
Investment in
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
Impaired
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Loans
 
Impaired loans with a specific allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
2,514
 
$
-
 
$
10,219
 
$
4,319
 
$
-
 
$
17,052
 
Restructured accruing
 
 
2,981
 
 
-
 
 
-
 
 
1,503
 
 
3,419
 
 
7,903
 
Restructured non-accruing
 
 
228
 
 
-
 
 
-
 
 
1,039
 
 
1,304
 
 
2,571
 
Balance
 
$
5,723
 
$
-
 
$
10,219
 
$
6,861
 
$
4,723
 
$
27,526
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance
 
$
2,597
 
$
-
 
$
774
 
$
598
 
$
1,180
 
$
5,149
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired loans without a specific allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
1,846
 
$
3,033
 
$
577
 
$
6,191
 
$
-
 
$
11,647
 
Restructured accruing
 
 
1,392
 
 
-
 
 
-
 
 
-
 
 
815
 
 
2,207
 
Restructured non-accruing
 
 
23
 
 
3,299
 
 
1,047
 
 
2,132
 
 
892
 
 
7,393
 
Balance
 
$
3,261
 
$
6,332
 
$
1,624
 
$
8,323
 
$
1,707
 
$
21,247
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accruing
 
$
4,360
 
$
3,033
 
$
10,796
 
$
10,510
 
$
-
 
$
28,699
 
Restructured accruing
 
 
4,373
 
 
-
 
 
-
 
 
1,503
 
 
4,234
 
 
10,110
 
Restructured non-accruing
 
 
251
 
 
3,299
 
 
1,047
 
 
3,171
 
 
2,196
 
 
9,964
 
Balance
 
$
8,984
 
$
6,332
 
$
11,843
 
$
15,184
 
$
6,430
 
$
48,773
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unpaid principal balance in total impaired
    loans
 
$
11,506
 
$
21,590
 
$
15,405
 
$
17,928
 
$
6,904
 
$
73,333
 
 
 
 
December 31, 2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
Total Recorded
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
Investment in
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
Impaired
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Loans
 
Average impaired loans for the period
 
$
8,659
 
$
12,270
 
$
13,838
 
$
16,172
 
$
6,499
 
$
57,438
 
Contractual interest income due on impaired
    loans during the period
 
$
527
 
$
1,222
 
$
1,181
 
$
1,391
 
$
112
 
 
 
 
Interest income on impaired loans recognized
    on a cash basis
 
$
121
 
$
323
 
$
175
 
$
420
 
$
82
 
 
 
 
Interest income on impaired loans recognized
    on an accrual basis
 
$
257
 
$
-
 
$
-
 
$
102
 
$
201
 
 
 
 
Credit Quality of Loan Portfolio by Segment
The following tables provide information on the credit quality of the loan portfolio by segment at December 31 for the years indicated:
 
 
 
2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Non-performing loans and assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accrual loans and leases
 
$
3,400
 
$
4,127
 
$
6,802
 
$
5,936
 
$
-
 
$
2,259
 
$
5,735
 
$
2,315
 
$
30,574
 
Loans and leases 90 days past due
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
1
 
 
-
 
 
-
 
 
1
 
Restructured loans and leases
 
 
2,207
 
 
-
 
 
852
 
 
1,174
 
 
-
 
 
29
 
 
5,197
 
 
-
 
 
9,459
 
Total non-performing loans and leases
 
 
5,607
 
 
4,127
 
 
7,654
 
 
7,110
 
 
-
 
 
2,289
 
 
10,932
 
 
2,315
 
 
40,034
 
Other real estate owned
 
 
54
 
 
365
 
 
-
 
 
-
 
 
-
 
 
-
 
 
919
 
 
-
 
 
1,338
 
Total non-performing assets
 
$
5,661
 
$
4,492
 
$
7,654
 
$
7,110
 
$
-
 
$
2,289
 
$
11,851
 
$
2,315
 
$
41,372
 
 
 
 
2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Non-performing loans and assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-accrual loans and leases
 
$
4,611
 
$
6,332
 
$
11,843
 
$
13,681
 
$
865
 
$
2,410
 
$
4,681
 
$
3,125
 
$
47,548
 
Loans and leases 90 days past due
 
 
24
 
 
-
 
 
-
 
 
209
 
 
-
 
 
14
 
 
-
 
 
-
 
 
247
 
Restructured loans and leases
 
 
4,373
 
 
-
 
 
-
 
 
1,503
 
 
-
 
 
31
 
 
4,203
 
 
-
 
 
10,110
 
Total non-performing loans and leases
 
 
9,008
 
 
6,332
 
 
11,843
 
 
15,393
 
 
865
 
 
2,455
 
 
8,884
 
 
3,125
 
 
57,905
 
Other real estate owned
 
 
1,829
 
 
-
 
 
220
 
 
2,396
 
 
-
 
 
-
 
 
1,401
 
 
80
 
 
5,926
 
Total non-performing assets
 
$
10,837
 
$
6,332
 
$
12,063
 
$
17,789
 
$
865
 
$
2,455
 
$
10,285
 
$
3,205
 
$
63,831
 
 
 
 
2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Past due loans and leases
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
31-60 days
 
$
382
 
$
-
 
$
5,826
 
$
876
 
$
4
 
$
716
 
$
4,119
 
$
-
 
$
11,923
 
61-90 days
 
 
1,142
 
 
-
 
 
-
 
 
2,540
 
 
-
 
 
176
 
 
208
 
 
-
 
 
4,066
 
> 90 days
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
1
 
 
-
 
 
-
 
 
1
 
Total past due
 
 
1,524
 
 
-
 
 
5,826
 
 
3,416
 
 
4
 
 
893
 
 
4,327
 
 
-
 
 
15,990
 
Non-accrual loans and leases
 
 
3,400
 
 
4,127
 
 
6,802
 
 
5,936
 
 
-
 
 
2,259
 
 
5,735
 
 
2,315
 
 
30,574
 
Loans aquired with deteriorated credit quality
 
 
1,363
 
 
-
 
 
571
 
 
2,366
 
 
-
 
 
-
 
 
-
 
 
-
 
 
4,300
 
Current loans
 
 
350,364
 
 
156,569
 
 
538,979
 
 
581,105
 
 
699
 
 
370,505
 
 
608,319
 
 
126,862
 
 
2,733,402
 
Total loans and leases
 
$
356,651
 
$
160,696
 
$
552,178
 
$
592,823
 
$
703
 
$
373,657
 
$
618,381
 
$
129,177
 
$
2,784,266
 
 
 
 
2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Past due loans and leases
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
31-60 days
 
$
2,138
 
$
-
 
$
2,020
 
$
1,556
 
$
7
 
$
496
 
$
5,443
 
$
-
 
$
11,660
 
61-90 days
 
 
212
 
 
-
 
 
-
 
 
1,809
 
 
68
 
 
101
 
 
1,603
 
 
-
 
 
3,793
 
> 90 days
 
 
24
 
 
-
 
 
-
 
 
209
 
 
-
 
 
14
 
 
-
 
 
-
 
 
247
 
Total past due
 
 
2,374
 
 
-
 
 
2,020
 
 
3,574
 
 
75
 
 
611
 
 
7,046
 
 
-
 
 
15,700
 
Non-accrual loans and leases
 
 
4,611
 
 
6,332
 
 
11,843
 
 
13,681
 
 
865
 
 
2,410
 
 
4,681
 
 
3,125
 
 
47,548
 
Loans aquired with deteriorated credit quality
 
 
1,978
 
 
332
 
 
949
 
 
3,941
 
 
-
 
 
-
 
 
-
 
 
-
 
 
7,200
 
Current loans
 
 
337,745
 
 
145,269
 
 
442,076
 
 
550,314
 
 
2,481
 
 
353,969
 
 
511,637
 
 
117,189
 
 
2,460,680
 
Total loans and leases
 
$
346,708
 
$
151,933
 
$
456,888
 
$
571,510
 
$
3,421
 
$
356,990
 
$
523,364
 
$
120,314
 
$
2,531,128
 
Restructured Loans for Specific Segments of Loan Portfolio
The following table provides the amounts of the restructured loans at the date of restructuring for specific segments of the loan portfolio during the period indicated: 
 
 
 
For the Year Ended December 31, 2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Total
 
Troubled debt restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Restructured accruing
 
$
87
 
$
-
 
$
852
 
$
-
 
$
2,064
 
$
3,003
 
Restructured non-accruing
 
 
425
 
 
-
 
 
-
 
 
-
 
 
-
 
 
425
 
Balance
 
$
512
 
$
-
 
$
852
 
$
-
 
$
2,064
 
$
3,428
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Specific allowance
 
$
141
 
$
-
 
$
-
 
$
-
 
$
-
 
$
141
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Restructured and subsequently defaulted
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
 
 
 
For the Year Ended December 31, 2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
All
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
Other
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Loans
 
Total
 
Troubled debt restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Restructured accruing
 
$
2,600
 
$
-
 
$
-
 
$
1,014
 
$
-
 
$
3,614
 
Restructured non-accruing
 
 
-
 
 
-
 
 
-
 
 
-
 
 
1,304
 
 
1,304
 
Balance
 
$
2,600
 
$
-
 
$
-
 
$
1,014
 
$
1,304
 
$
4,918
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Specific allowance
 
$
552
 
$
-
 
$
-
 
$
204
 
$
467
 
$
1,223
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Restructured and subsequently defaulted
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
Commercial
  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Credit Risk Rating Indicators
The following tables provide information by credit risk rating indicators for each segment of the commercial loan portfolio at December 31 for the years indicated:
 
 
 
2013
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Total
 
Pass
 
$
324,941
 
$
154,869
 
$
523,901
 
$
553,604
 
$
1,557,315
 
Special Mention
 
 
16,166
 
 
-
 
 
2,944
 
 
15,702
 
 
34,812
 
Substandard
 
 
15,274
 
 
5,827
 
 
25,333
 
 
23,517
 
 
69,951
 
Doubtful
 
 
270
 
 
-
 
 
-
 
 
-
 
 
270
 
Total
 
$
356,651
 
$
160,696
 
$
552,178
 
$
592,823
 
$
1,662,348
 
 
 
 
2012
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
Commercial
 
Commercial
 
Owner
 
 
 
 
(In thousands)
 
Commercial
 
AD&C
 
Investor R/E
 
Occupied R/E
 
Total
 
Pass
 
$
305,348
 
$
141,802
 
$
405,448
 
$
520,844
 
$
1,373,442
 
Special Mention
 
 
13,603
 
 
1,793
 
 
21,963
 
 
17,262
 
 
54,621
 
Substandard
 
 
26,091
 
 
8,338
 
 
28,885
 
 
32,613
 
 
95,927
 
Doubtful
 
 
1,666
 
 
-
 
 
592
 
 
791
 
 
3,049
 
Total
 
$
346,708
 
$
151,933
 
$
456,888
 
$
571,510
 
$
1,527,039
 
Non Commercial Loan
  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Credit Risk Rating Indicators
Homogeneous loan pools do not have individual loans subjected to internal risk ratings therefore, the credit indicator applied to these pools is based on their delinquency status. The following tables provide information by credit risk rating indicators for those remaining segments of the loan portfolio at December 31 for the years indicated:
 
 
 
2013
 
 
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Performing
 
$
703
 
$
371,368
 
$
607,449
 
$
126,862
 
$
1,106,382
 
Non-performing:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
90 days past due
 
 
-
 
 
1
 
 
-
 
 
-
 
 
1
 
Non-accruing
 
 
-
 
 
2,259
 
 
5,735
 
 
2,315
 
 
10,309
 
Restructured loans and leases
 
 
-
 
 
29
 
 
5,197
 
 
-
 
 
5,226
 
Total
 
$
703
 
$
373,657
 
$
618,381
 
$
129,177
 
$
1,121,918
 
 
 
 
2012
 
 
 
 
 
 
 
 
 
Residential Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
Residential
 
 
 
 
(In thousands)
 
Leasing
 
Consumer
 
Mortgage
 
Construction
 
Total
 
Performing
 
$
2,556
 
$
354,535
 
$
514,480
 
$
117,189
 
$
988,760
 
Non-performing:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
90 days past due
 
 
-
 
 
14
 
 
-
 
 
-
 
 
14
 
Non-accruing
 
 
865
 
 
2,410
 
 
4,681
 
 
3,125
 
 
11,081
 
Restructured loans and leases
 
 
-
 
 
31
 
 
4,203
 
 
-
 
 
4,234
 
Total
 
$
3,421
 
$
356,990
 
$
523,364
 
$
120,314
 
$
1,004,089