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Note 7 - Loans (Tables)
6 Months Ended
Jun. 30, 2016
Impairment Method [Member]  
Notes Tables  
Impaired Financing Receivables [Table Text Block]
 
 
Commercial
Loans
 
 
Real Estate
Construction
Loans
 
 
Commercial
Mortgage
Loans
 
 
Residential
Mortgage Loans
and Equity Lines
 
 
Installment and
Other Loans
 
 
Total
 
 
 
(In thousands)
 
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
Allowance
  $ 1,395     $ -     $ 5,891     $ 438     $ -     $ 7,724  
Balance
  $ 18,200     $ 6,081     $ 85,529     $ 18,036     $ -     $ 127,846  
                                                 
Loans collectively evaluated for impairment
Allowance
  $ 49,195     $ 10,753     $ 40,199     $ 15,065     $ 12     $ 115,224  
Balance
  $ 2,169,847     $ 475,739     $ 5,445,657     $ 2,300,831     $ 3,180     $ 10,395,254  
                                                 
Total allowance
  $ 50,590     $ 10,753     $ 46,090     $ 15,503     $ 12     $ 122,948  
Total balance
  $ 2,188,047     $ 481,820     $ 5,531,186     $ 2,318,867     $ 3,180     $ 10,523,100  
                                                 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
Allowance
  $ 530     $ -     $ 6,792     $ 427     $ -     $ 7,749  
Balance
  $ 13,568     $ 22,002     $ 81,776     $ 16,464     $ -     $ 133,810  
                                                 
Loans collectively evaluated for impairment
Allowance
  $ 55,669     $ 22,170     $ 42,648     $ 10,718     $ 9     $ 131,214  
Balance
  $ 2,303,295     $ 419,541     $ 5,219,442     $ 2,084,871     $ 2,493     $ 10,029,642  
                                                 
Total allowance
  $ 56,199     $ 22,170     $ 49,440     $ 11,145     $ 9     $ 138,963  
Total balance
  $ 2,316,863     $ 441,543     $ 5,301,218     $ 2,101,335     $ 2,493     $ 10,163,452  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
   
June 30, 2016
   
December 31, 2015
 
 
 
(Dollars in thousands)
 
Commercial loans
  $ 2,188,047     $ 2,316,863  
Residential mortgage loans
    2,146,895       1,932,355  
Commercial mortgage loans
    5,531,186       5,301,218  
Real estate construction loans
    481,820       441,543  
Equity lines
    171,972       168,980  
Installment & other loans
    3,180       2,493  
                 
Gross loans
  $ 10,523,100     $ 10,163,452  
                 
Allowance for loan losses
    (122,948 )     (138,963 )
Unamortized deferred loan fees
    (6,679 )     (8,262 )
                 
Total loans, net
  $ 10,393,473     $ 10,016,227  
Loans held for sale
  $ 2,925     $ 6,676  
Impaired Financing Receivables [Table Text Block]
 
 
Impaired Loans
 
 
 
Average Recorded Investment
 
 
Interest Income Recognized
 
   
Three months
ended
   
Six months
ended
   
Three months
ended
   
Six months
ended
 
   
June 30,
   
June 30,
   
June 30,
   
June 30,
 
   
2016
   
2015
   
2016
   
2015
   
2016
   
2015
   
2016
   
2015
 
   
(In thousands)
 
Commercial loans
  $ 14,940     $ 25,620     $ 13,805     $ 25,523     $ 167     $ 201     $ 370     $ 412  
Real estate construction loans
    9,923       20,790       15,107       21,884       -       65       -       130  
Commercial mortgage loans
    90,971       105,815       89,212       108,042       713       793       1,513       1,574  
Residential mortgage loans and equity lines
    17,112       17,025       17,052       17,152       140       120       285       240  
Total impaired loans
  $ 132,946     $ 169,250     $ 135,176     $ 172,601     $ 1,020     $ 1,179     $ 2,168     $ 2,356  
Schedule Of Impaired Loans And Related Allowance And Charge Off [Table Text Block]
 
 
Impaired Loans
 
 
 
June 30, 2016
 
 
December 31, 2015
 
 
 
Unpaid
Principal
Balance
 
 
Recorded
Investment
 
 
Allowance
 
 
Unpaid
Principal
Balance
 
 
Recorded
Investment
 
 
Allowance
 
   
(In thousands)
 
                                                 
With no allocated allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial loans
  $ 18,965     $ 12,774     $ -     $ 15,493     $ 6,721     $ -  
Real estate construction loans
    27,331       6,081       -       51,290       22,002       -  
Commercial mortgage loans
    67,496       60,796       -       59,954       54,625       -  
Residential mortgage loans and equity lines
    4,312       4,161       -       3,233       3,026       -  
Subtotal
  $ 118,104     $ 83,812     $ -     $ 129,970     $ 86,374     $ -  
With allocated allowance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial loans
  $ 6,342     $ 5,426     $ 1,394     $ 7,757     $ 6,847     $ 530  
Commercial mortgage loans
    26,894       24,733       5,891       28,258       27,152       6,792  
Residential mortgage loans and equity lines
    14,925       13,875       439       14,383       13,437       427  
Subtotal
  $ 48,161     $ 44,034     $ 7,724     $ 50,398     $ 47,436     $ 7,749  
Total impaired loans
  $ 166,265     $ 127,846     $ 7,724     $ 180,368     $ 133,810     $ 7,749  
Past Due Financing Receivables [Table Text Block]
 
 
June 30, 2016
 
 
 
30-59 Days
Past Due
 
 
60-89 Days
Past Due
 
 
90 Days or
More Past
Due
 
 
Non-accrual Loans
 
 
Total Past Due
 
 
Loans Not Past
Due
 
 
Total
 
Type of Loans:
 
(In thousands)
 
Commercial loans
  $ 23,122     $ 6,743     $ -     $ 8,251     $ 38,116     $ 2,149,931     $ 2,188,047  
Real estate construction loans
    -       -       -       6,081       6,081       475,739       481,820  
Commercial mortgage loans
    5,272       3,008       -       30,725       39,005       5,492,181       5,531,186  
Residential mortgage loans and equity lines
    242       378       -       8,081       8,701       2,310,166       2,318,867  
Installment and other loans
    -       -       -       -       -       3,180       3,180  
Total loans
  $ 28,636     $ 10,129     $ -     $ 53,138     $ 91,903     $ 10,431,197     $ 10,523,100  
 
 
December 31, 2015
 
 
 
30-59 Days
Past Due
 
 
60-89 Days
Past Due
 
 
90 Days or
More Past
Due
 
 
Non-accrual Loans
 
 
Total Past Due
 
 
Loans Not Past
Due
 
 
Total
 
Type of Loans:
 
(In thousands)
 
Commercial loans
  $ 8,367     $ 221     $ -     $ 3,545     $ 12,133     $ 2,304,730     $ 2,316,863  
Real estate construction loans
    7,285       -       -       16,306       23,591       417,952       441,543  
Commercial mortgage loans
    2,243       2,223       -       25,231       29,697       5,271,521       5,301,218  
Residential mortgage loans and equity lines
    4,959       1,038       -       7,048       13,045       2,088,290       2,101,335  
Installment and other loans
    -       -       -       -       -       2,493       2,493  
Total loans
  $ 22,854     $ 3,482     $ -     $ 52,130     $ 78,466     $ 10,084,986     $ 10,163,452  
Schedule Of Troubled Debt Restructurings [Table Text Block]
 
 
Six months ended June 30, 2016
 
 
June 30, 2016
 
 
 
No. of Contracts
 
 
Pre-Modification Outstanding Recorded Investment
 
 
Post-Modification Outstanding Recorded Investment
 
 
Charge-offs
 
 
Specific Reserve
 
 
 
(Dollars in thousands)
 
                                         
Commercial loans
    4     $ 4,844     $ 4,844     $ -     $ 148  
Residential mortgage loans and equity lines
    2       367       367       -       23  
Total
    6     $ 5,211     $ 5,211     $ -     $ 171  
 
 
Six months ended June 30, 2015
 
 
June 30, 2015
 
 
 
No. of Contracts
 
 
Pre-Modification Outstanding Recorded Investment
 
 
Post-Modification Outstanding Recorded Investment
 
 
Charge-offs
 
 
Specific Reserve
 
 
 
(Dollars in thousands)
 
                                         
Commercial loans
    1     $ 850     $ 850     $ -     $ -  
Commercial mortgage loans
    4       14,411       14,411       -       40  
Residential mortgage loans and equity lines
    4       1,522       1,374       148       43  
Total
    9     $ 16,783     $ 16,635     $ 148     $ 83  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
 
 
June 30, 2016
 
       
Accruing TDRs
 
Payment
Deferral
 
 
Rate
Reduction
 
 
Rate Reduction
and Payment
Deferral
 
 
Total
 
 
 
(In thousands)
 
Commercial loans
  $ 8,464     $ -     $ 1,485     $ 9,949  
Commercial mortgage loans
    26,256       6,006       22,542       54,804  
Residential mortgage loans
    5,301       993       3,661       9,955  
Total accruing TDRs
  $ 40,021     $ 6,999     $ 27,688     $ 74,708  
 
 
December 31, 2015
 
       
Accruing TDRs
 
Payment
Deferral
 
 
Rate
Reduction
 
 
Rate Reduction
and Payment
Deferral
 
 
Total
 
                                 
Commercial loans
  $ 8,298     $ -     $ 1,726     $ 10,024  
Real estate construction loans
    -       -       5,696       5,696  
Commercial mortgage loans
    16,701       6,045       33,800       56,546  
Residential mortgage loans
    5,201       999       3,214       9,414  
Total accruing TDRs
  $ 30,200     $ 7,044     $ 44,436     $ 81,680  
Non Accrual Troubled Debt Restructurings [Table Text Block]
 
 
June 30, 2016
 
 
 
       
Non-accrual TDRs
 
Payment
Deferral
 
 
Rate Reduction
and Payment
Deferral
 
 
Total
 
 
 
(In thousands)
 
 
 
Commercial loans
  $ 3,114     $ 90     $ 3,204  
Commercial mortgage loans
    1,520       20,007       21,527  
Residential mortgage loans
    538       173       711  
Total non-accrual TDRs
  $ 5,172     $ 20,270     $ 25,442  
 
 
December 31, 2015
 
       
Non-accrual TDRs
 
Payment
Deferral
 
 
Rate Reduction
and Payment
Deferral
 
 
Total
 
 
 
(In thousands)
 
 
 
Commercial loans
  $ 1,033     $ 90     $ 1,123  
Real estate construction loans
    9,981       5,825       15,806  
Commercial mortgage loans
    1,544       20,362       21,906  
Residential mortgage loans
    388       700       1,088  
Total non-accrual TDRs
  $ 12,946     $ 26,977     $ 39,923  
Activity Within The Troubled Debt Resturings [Table Text Block]
 
 
Three months ended June 30,
 
 
Six months ended June 30,
 
Accruing TDRs
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
(In thousands)
 
Beginning balance
  $ 90,172     $ 100,393     $ 81,680     $ 104,356  
New restructurings
    2,065       5,798       2,065       16,426  
Restructured loans restored to accrual status
    -       -       10,303       -  
Charge-offs
    -       -       -       (148 )
Payments
    (1,505 )     (6,180 )     (3,316 )     (10,434 )
Restructured loans placed on non-accrual status
    (1,138 )     -       (1,138 )     (10,189 )
Expiration of loan concession upon renewal
    (14,886 )     -       (14,886 )     -  
Ending balance
  $ 74,708     $ 100,011     $ 74,708     $ 100,011  
 
 
Three months ended June 30,
 
 
Six months ended June 30,
 
Non-accrual TDRs
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
(In thousands)
 
Beginning balance
  $ 23,209     $ 44,541     $ 39,923     $ 41,618  
New restructurings
    3,145       -       3,145       209  
Restructured loans placed on non-accrual status
    1,138       -       1,138       10,189  
Charge-offs
    (945 )     (489 )     (945 )     (3,243 )
Payments
    (1,105 )     (1,457 )     (7,516 )     (6,178 )
Restructured loans restored to accrual status
    -       -       (10,303 )     -  
Ending balance
  $ 25,442     $ 42,595     $ 25,442     $ 42,595  
Financing Receivable Credit Quality Indicators [Table Text Block]
 
 
June 30, 2016
 
 
 
Pass/Watch
 
 
Special Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
                                         
Commercial loans
  $ 2,017,005     $ 91,097     $ 78,910     $ 1,035     $ 2,188,047  
Real estate construction loans
    461,282       14,457       5,581       500       481,820  
Commercial mortgage loans
    5,156,885       246,844       119,300       8,157       5,531,186  
Residential mortgage loans and equity lines
    2,307,970       394       10,503       -       2,318,867  
Installment and other loans
    3,180       -       -       -       3,180  
Total gross loans
  $ 9,946,322     $ 352,792     $ 214,294     $ 9,692     $ 10,523,100  
                                         
Loans held for sale
  $ -     $ -     $ 2,925     $ -     $ 2,925  
 
 
December 31, 2015
 
 
 
Pass/Watch
 
 
Special Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
                                         
Commercial loans
  $ 2,143,270     $ 110,338     $ 61,297     $ 1,958     $ 2,316,863  
Real estate construction loans
    413,765       5,776       21,502       500       441,543  
Commercial mortgage loans
    5,018,199       155,553       118,196       9,270       5,301,218  
Residential mortgage loans and equity lines
    2,091,434       399       9,502       -       2,101,335  
Installment and other loans
    2,493       -       -       -       2,493  
Total gross loans
  $ 9,669,161     $ 272,066     $ 210,497     $ 11,728     $ 10,163,452  
                                         
Loans held for sale
  $ 732     $ -     $ 5,944     $ -     $ 6,676  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Three months ended June 30, 2016 and 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
Loans
 
 
Real Estate
Construction
Loans
 
 
Commercial
Mortgage
Loans
 
 
Residential
Mortgage Loans
and Equity Lines
 
 
Installment
and Other
Loans
 
 
Total
 
 
 
(In thousands)
 
                                                 
March 31, 2016 Ending Balance
  $ 56,381     $ 12,744     $ 50,451     $ 14,969     $ 7       134,552  
Provision/(credit) for possible credit losses
    170       (2,038 )     (3,815 )     528       5       (5,150 )
Charge-offs
    (6,688 )     -       (945 )     -       -       (7,633 )
Recoveries
    727       47       399       6       -       1,179  
Net (charge-offs)/recoveries
    (5,961 )     47       (546 )     6       -       (6,454 )
June 30, 2016 Ending Balance
  $ 50,590     $ 10,753     $ 46,090     $ 15,503     $ 12     $ 122,948  
                                                 
March 31, 2015 Ending Balance
  $ 49,705     $ 23,270     $ 71,318     $ 11,777     $ 19     $ 156,089  
                                                 
Provision/(credit) for possible credit losses
    184       2,982       (5,880 )     559       5       (2,150 )
Charge-offs
    (2,580 )     -       (65 )     (13 )     -       (2,658 )
Recoveries
    231       52       1,872       -       1       2,156  
Net (charge-offs)/recoveries
    (2,349 )     52       1,807       (13 )     1       (502 )
June 30, 2015 Ending Balance
  $ 47,540     $ 26,304     $ 67,245     $ 12,323     $ 25     $ 153,437  
Six months ended June 30, 2016 and 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
Loans
 
 
Real Estate
Construction
Loans
 
 
Commercial
Mortgage
Loans
 
 
Residential
Mortgage Loans
and Equity Lines
 
 
Installment
and Other
Loans
 
 
Total
 
 
 
(In thousands)
 
                                                 
2016 Beginning Balance
  $ 56,199     $ 22,170     $ 49,440     $ 11,145     $ 9     $ 138,963  
                                                 
Provision/(credit) for possible credit losses
    1,435       (18,740 )     (2,837 )     4,488       3       (15,651 )
                                                 
Charge-offs
    (8,758 )     -       (1,055 )     (148 )     -       (9,961 )
Recoveries
    1,714       7,323       542       18               9,597  
Net (charge-offs)/recoveries
    (7,044 )     7,323       (513 )     (130 )     -       (364 )
                                                 
June 30, 2016 Ending Balance
  $ 50,590     $ 10,753     $ 46,090     $ 15,503     $ 12     $ 122,948  
Reserve for impaired loans
  $ 1,395     $ -     $ 5,891     $ 438     $ -     $ 7,724  
Reserve for non-impaired loans
  $ 49,195     $ 10,753     $ 40,199     $ 15,065     $ 12     $ 115,224  
Reserve for off-balance sheet
credit commitments
  $ 1,969     $ -     $ 34     $ 119     $ 2     $ 2,124  
                                                 
2015 Beginning Balance
  $ 47,501     $ 27,652     $ 74,673     $ 11,578     $ 16     $ 161,420  
                                                 
Provision/(credit) for possible credit losses
    1,005       (1,470 )     (7,580 )     886       9       (7,150 )
                                                 
Charge-offs
    (3,444 )     -       (3,516 )     (161 )     -       (7,121 )
Recoveries
    2,478       122       3,668       20       -       6,288  
Net (charge-offs)/recoveries
    (966 )     122       152       (141 )     -       (833 )
                                                 
June 30, 2015 Ending Balance
  $ 47,540     $ 26,304     $ 67,245     $ 12,323     $ 25     $ 153,437  
Reserve for impaired loans
  $ 966     $ -     $ 6,554     $ 464     $ -     $ 7,984  
Reserve for non-impaired loans
  $ 46,574     $ 26,304     $ 60,691     $ 11,859     $ 25     $ 145,453  
Reserve for off-balance sheet
credit commitments
  $ 942     $ 427     $ 163     $ 42     $ -     $ 1,574