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Note 8 - Loans (Tables)
6 Months Ended
Jun. 30, 2019
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
   

June 30, 2019

   

December 31, 2018

 
   

(In thousands)

 
                 

Commercial loans

  $ 2,772,982     $ 2,741,965  

Residential mortgage loans

    3,967,135       3,693,853  

Commercial mortgage loans

    6,945,562       6,724,200  

Equity lines

    302,351       249,967  

Real estate construction loans

    598,849       581,454  

Installment and other loans

    6,631       4,349  

Gross loans

  $ 14,593,510     $ 13,995,788  

Allowance for loan losses

    (122,651 )     (122,391 )

Unamortized deferred loan fees, net

    (1,415 )     (1,565 )

Total loans, net

  $ 14,469,444     $ 13,871,832  
Impaired Financing Receivables [Table Text Block]
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2019

   

2018

   

2019

   

2018

 
   

Average

Recorded

Investment

   

Interest

Income

Recognized

   

Average

Recorded

Investment

   

Interest

Income

Recognized

   

Average

Recorded

Investment

   

Interest

Income

Recognized

   

Average

Recorded

Investment

   

Interest

Income

Recognized

 
   

(In thousands)

 
                                                                 

Commercial loans

  $ 46,792     $ 587     $ 46,763     $ 498     $ 42,388     $ 820     $ 45,978     $ 825  

Real estate construction loans

    4,726             8,378             4,771             8,258        

Commercial mortgage loans

    54,404       448       64,004       633       56,724       942       61,316       1,264  

Residential mortgage loans and equity lines

    12,983       81       14,664       93       13,123       165       14,189       186  

Total impaired loans

  $ 118,905     $ 1,116     $ 133,809     $ 1,224     $ 117,006     $ 1,927     $ 129,741     $ 2,275  
   

June 30, 2019

 
           

Real Estate

   

Commercial

   

Residential

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

Mortgage Loans

   

and

         
   

Loans

   

Loans

   

Loans

   

and Equity Lines

   

Other Loans

   

Total

 
   

(In thousands)

 

Loans individually evaluated for impairment

                                               

Allowance

  $ 832     $     $ 620     $ 234     $     $ 1,686  

Balance

  $ 52,823     $ 4,702     $ 49,140     $ 12,981     $     $ 119,646  

Loans collectively evaluated for impairment

                                               

Allowance

  $ 53,461     $ 21,010     $ 32,534     $ 13,930     $ 30     $ 120,965  

Balance

  $ 2,720,159     $ 594,147     $ 6,896,422     $ 4,256,505     $ 6,631     $ 14,473,864  

Total allowance

  $ 54,293     $ 21,010     $ 33,154     $ 14,164     $ 30     $ 122,651  

Total balance

  $ 2,772,982     $ 598,849     $ 6,945,562     $ 4,269,486     $ 6,631     $ 14,593,510  

 

   

December 31, 2018

 
           

Real Estate

   

Commercial

   

Residential

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

Mortgage Loans

   

and

         
   

Loans

   

Loans

   

Loans

   

and Equity Lines

   

Other Loans

   

Total

 
   

(In thousands)

 

Loans individually evaluated for impairment

                                               

Allowance

  $ 1,837     $     $ 877     $ 1,088     $     $ 3,802  

Balance

  $ 36,940     $ 4,873     $ 51,471     $ 13,602     $     $ 106,886  

Loans collectively evaluated for impairment

                                               

Allowance

  $ 53,141     $ 19,626     $ 32,610     $ 13,194     $ 18     $ 118,589  

Balance

  $ 2,705,025     $ 576,581     $ 6,672,729     $ 3,930,218     $ 4,349     $ 13,888,902  

Total allowance

  $ 54,978     $ 19,626     $ 33,487     $ 14,282     $ 18     $ 122,391  

Total balance

  $ 2,741,965     $ 581,454     $ 6,724,200     $ 3,943,820     $ 4,349     $ 13,995,788  
Schedule Of Impaired Loans And Related Allowance And Charge Off [Table Text Block]
   

June 30, 2019

   

December 31, 2018

 
   

Unpaid

Principal

Balance

   

Recorded

Investment

   

Allowance

   

Unpaid

Principal

Balance

   

Recorded

Investment

   

Allowance

 
   

(In thousands)

 
                                                 

With no allocated allowance

                                               

Commercial loans

  $ 45,022     $ 40,260     $     $ 32,015     $ 30,368     $  

Real estate construction loans

    5,776       4,702             5,776       4,873        

Commercial mortgage loans

    33,410       23,436             34,129       24,409        

Residential mortgage loans and equity lines

    7,043       6,997             5,685       5,665        

Subtotal

  $ 91,251     $ 75,395     $     $ 77,605     $ 65,315     $  
                                                 

With allocated allowance

                                               

Commercial loans

  $ 12,577     $ 12,563     $ 832     $ 6,653     $ 6,570     $ 1,837  

Commercial mortgage loans

    25,761       25,704       620       27,099       27,063       877  

Residential mortgage loans and equity lines

    7,055       5,984       234       8,934       7,938       1,088  

Subtotal

  $ 45,393     $ 44,251     $ 1,686     $ 42,686     $ 41,571     $ 3,802  

Total impaired loans

  $ 136,644     $ 119,646     $ 1,686     $ 120,291     $ 106,886     $ 3,802  
Financing Receivable, Past Due [Table Text Block]
   

June 30, 2019

 
   

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

 
   

(In thousands)

 
                                                         

Commercial loans

  $ 4,998     $ 970     $     $ 28,070     $ 34,038     $ 2,738,944     $ 2,772,982  

Real estate construction loans

    2,827                   4,702       7,529       591,320       598,849  

Commercial mortgage loans

    4,930       4,264       14,469       14,515       38,178       6,907,384       6,945,562  

Residential mortgage loans and equity lines

          511             7,461       7,972       4,261,514       4,269,486  

Installment and other loans

                                  6,631       6,631  

Total loans

  $ 12,755     $ 5,745     $ 14,469     $ 54,748     $ 87,717     $ 14,505,793     $ 14,593,510  

 

   

December 31, 2018

 
   

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

 
   

(In thousands)

 
                                                         

Commercial loans

  $ 25,494     $ 2,454     $ 514     $ 18,805     $ 47,267     $ 2,694,698     $ 2,741,965  

Real estate construction loans

          3,156             4,872       8,028       573,426       581,454  

Commercial mortgage loans

    10,797       8,545       3,259       10,611       33,212       6,690,988       6,724,200  

Residential mortgage loans and equity lines

    9,687       336             7,527       17,550       3,926,270       3,943,820  

Installment and other loans

                                  4,349       4,349  

Total loans

  $ 45,978     $ 14,491     $ 3,773     $ 41,815     $ 106,057     $ 13,889,731     $ 13,995,788  
Schedule Of Troubled Debt Restructurings [Table Text Block]
   

Three Months Ended June 30, 2019

   

June 30, 2019

 
   

No. of

Contracts

   

Pre-Modification

Outstanding

Recorded

Investment

   

Post-Modification

Outstanding

Recorded

Investment

   

Charge-offs

   

Specific Reserve

 
   

(In thousands)

 
                                         

Commercial loans

    19     $ 16,405     $ 15,551     $ 811     $ 37  

Total

    19     $ 16,405     $ 15,551     $ 811     $ 37  

 

 

   

Three Months Ended June 30, 2018

   

June 30, 2018

 
   

No. of

Contracts

   

Pre-Modification

Outstanding

Recorded

Investment

   

Post-Modification

Outstanding

Recorded

Investment

   

Charge-offs

   

Specific Reserve

 
   

(In thousands)

 
                                         

Commercial loans

    15     $ 5,127     $ 5,127     $     $  

Total

    15     $ 5,127     $ 5,127     $     $  

 

 

   

Six Months Ended June 30, 2019

   

June 30, 2019

 
   

No. of

Contracts

   

Pre-Modification

Outstanding

Recorded

Investment

   

Post-Modification

Outstanding

Recorded

Investment

   

Charge-offs

   

Specific Reserve

 
   

(In thousands)

 
                                         

Commercial loans

    20     $ 18,352     $ 16,381     $ 811     $ 37  

Total

    20     $ 18,352     $ 16,381     $ 811     $ 37  

 

 

   

Six Months Ended June 30, 2018

   

June 30, 2018

 
   

No. of

Contracts

   

Pre-Modification

Outstanding

Recorded

Investment

   

Post-Modification

Outstanding

Recorded

Investment

   

Charge-offs

   

Specific Reserve

 
   

(In thousands)

 
                                         

Commercial loans

    18     $ 7,590     $ 7,590     $     $  

Commercial mortgage loans

    6       14,287       14,287             126  

Residential mortgage loans and equity lines

    2       801       801             8  

Total

    26     $ 22,678     $ 22,678     $     $ 134  
Financing Receivable, Troubled Debt Restructuring [Table Text Block]
   

June 30, 2019

 
   

Payment

Deferral

   

Rate

Reduction

   

Rate Reduction

and Payment

Deferral

   

Total

 
   

(In thousands)

 

Accruing TDRs

                               

Commercial loans

  $ 24,753     $     $     $ 24,753  

Commercial mortgage loans

    9,761       5,775       19,090       34,626  

Residential mortgage loans

    3,010       321       2,188       5,519  

Total accruing TDRs

  $ 37,524     $ 6,096     $ 21,278     $ 64,898  

 

   

June 30, 2019

 
   

Payment

Deferral

   

Rate

Reduction

   

Rate Reduction

and Payment

Deferral

   

Total

 
   

(In thousands)

 

Non-accrual TDRs

                               

Commercial loans

  $ 16,278     $     $     $ 16,278  

Commercial mortgage loans

                4,417       4,417  

Residential mortgage loans

    1,658             104       1,762  

Total non-accrual TDRs

  $ 17,936     $     $ 4,521     $ 22,457  

 

   

December 31, 2018

 
   

Payment

Deferral

   

Rate

Reduction

   

Rate Reduction

and Payment

Deferral

   

Total

 
   

(In thousands)

 

Accruing TDRs

                               

Commercial loans

  $ 18,135     $     $     $ 18,135  

Commercial mortgage loans

    14,022       7,420       19,418       40,860  

Residential mortgage loans

    3,353       327       2,396       6,076  

Total accruing TDRs

  $ 35,510     $ 7,747     $ 21,814     $ 65,071  
Non Accrual Troubled Debt Restructurings [Table Text Block]
   

December 31, 2018

 
   

Payment

Deferral

   

Rate

Reduction

   

Rate Reductio

and Payment

Deferral

   

Total

 
   

(In thousands)

 

Non-accrual TDRs

                               

Commercial loans

  $ 13,771     $     $     $ 13,771  

Commercial mortgage loans

    3,682             4,884       8,566  

Residential mortgage loans

    1,741             111       1,852  

Total non-accrual TDRs

  $ 19,194     $     $ 4,995     $ 24,189  
Activity Within The Troubled Debt Resturings [Table Text Block]
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2019

   

2018

   

2019

   

2018

 
   

(In thousands)

 

Accruing TDRs

                               

Beginning balance

  $ 62,948     $ 82,785     $ 65,071     $ 68,566  

New restructurings

    13,244       5,127       15,192       22,447  

Restructured loans restored to accrual status

                      2,318  

Payments

    (9,998 )     (2,855 )     (14,069 )     (6,746 )

Restructured loans placed on non-accrual status

    (1,296 )     (570 )     (1,296 )     (2,098 )

Ending balance

  $ 64,898     $ 84,487     $ 64,898     $ 84,487  

 

   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2019

   

2018

   

2019

   

2018

 
   

(In thousands)

 

Non-accrual TDRs

                               

Beginning balance

  $ 23,301     $ 31,195     $ 24,189     $ 33,415  

New restructurings

    3,160             3,160       231  

Restructured loans placed on non-accrual status

    1,296       570       1,296       2,098  

Charge-offs

    (811 )     (161 )     (1,218 )     (161 )

Payments

    (4,489 )     (1,257 )     (4,970 )     (2,918 )

Restructured loans restored to accrual status

                      (2,318 )

Ending balance

  $ 22,457     $ 30,347     $ 22,457     $ 30,347  
Financing Receivable Credit Quality Indicators [Table Text Block]
   

June 30, 2019

 
   

Pass/Watch

   

 

Special

Mention

   

Substandard

   

Doubtful

   

Total

 
   

(In thousands)

 

Commercial loans

  $ 2,568,884     $ 111,658     $ 92,440     $     $ 2,772,982  

Real estate construction loans

    538,843       55,303       4,703             598,849  

Commercial mortgage loans

    6,632,331       222,932       90,299             6,945,562  

Residential mortgage loans and equity lines

    4,260,303       939       8,244             4,269,486  

Installment and other loans

    6,631                         6,631  

Total gross loans

  $ 14,006,992     $ 390,832     $ 195,686     $     $ 14,593,510  

 

   

December 31, 2018

 
   

Pass/Watch

   

 

Special

Mention

   

Substandard

   

Doubtful

   

Total

 
   

(In thousands)

 

Commercial loans

  $ 2,603,901     $ 87,987     $ 50,077     $     $ 2,741,965  

Real estate construction loans

    514,406       62,175       4,873             581,454  

Commercial mortgage loans

    6,337,368       304,791       82,041             6,724,200  

Residential mortgage loans and equity lines

    3,934,762             9,058             3,943,820  

Installment and other loans

    4,349                         4,349  

Total gross loans

  $ 13,394,786     $ 454,953     $ 146,049     $     $ 13,995,788  
Financing Receivable, Allowance for Credit Loss [Table Text Block]

Three months ended June 30, 2019 and 2018

                                               
                           

Residential

                 
           

Real Estate

   

Commercial

   

Mortgage Loans

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

and

   

and Other

         
   

Loans

   

Loans

   

Loans

   

Equity Lines

   

Loans

   

Total

 
   

(In thousands)

 
                                                 

March 31, 2019 Ending Balance

  $ 54,750     $ 20,723     $ 33,073     $ 13,975     $ 34     $ 122,555  

Provision/(reversal) for possible credit losses

    (100 )     257       (180 )     27       (4 )      

Charge-offs

    (1,713 )                             (1,713 )

Recoveries

    1,356       30       261       162             1,809  

Net (charge-offs)/recoveries

    (357 )     30       261       162             96  

June 30, 2019 Ending Balance

  $ 54,293     $ 21,010     $ 33,154     $ 14,164     $ 30     $ 122,651  

 

                           

Residential

                 
           

Real Estate

   

Commercial

   

Mortgage Loans

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

and

   

and Other

         
   

Loans

   

Loans

   

Loans

   

Equity Lines

   

Loans

   

Total

 
   

(In thousands)

 
                                                 

March 31, 2018 Ending Balance

  $ 54,597     $ 21,864     $ 34,230     $ 11,372     $ 21     $ 122,084  

Provision/(reversal) for possible credit losses

    920       (1,245 )     (533 )     860       (2 )      

Charge-offs

    (488 )           (161 )     (229 )           (878 )

Recoveries

    150       44       440       59             693  

Net (charge-offs)/recoveries

    (338 )     44       279       (170 )           (185 )

June 30, 2018 Ending Balance

  $ 55,179     $ 20,663     $ 33,976     $ 12,062     $ 19     $ 121,899  

 

 

Six months ended June 30, 2019 and 2018

                                               
                           

Residential

                 
           

Real Estate

   

Commercial

   

Mortgage Loans

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

and

   

and Other

         
   

Loans

   

Loans

   

Loans

   

Equity Lines

   

Loans

   

Total

 
   

(In thousands)

 
                                                 

2019 Beginning Balance

  $ 54,978     $ 19,626     $ 33,487     $ 14,282     $ 18     $ 122,391  

Provision/(reversal) for possible credit losses

    862       310       (746 )     (438 )     12        

Charge-offs

    (2,944 )                             (2,944 )

Recoveries

    1,397       1,074       413       320             3,204  

Net (charge-offs)/recoveries

    (1,547 )     1,074       413       320             260  

June 30, 2019 Ending Balance

  $ 54,293     $ 21,010     $ 33,154     $ 14,164     $ 30     $ 122,651  

Reserve for impaired loans

  $ 832     $     $ 620     $ 234     $     $ 1,686  

Reserve for non-impaired loans

  $ 53,461     $ 21,010     $ 32,534     $ 13,930     $ 30     $ 120,965  

Reserve for off-balance sheet credit commitments

  $ 2,090     $ 2,029     $ 137     $ 290     $ 4     $ 4,550  

 

                           

Residential

                 
           

Real Estate

   

Commercial

   

Mortgage Loans

   

Installment

         
   

Commercial

   

Construction

   

Mortgage

   

and

   

and Other

         
   

Loans

   

Loans

   

Loans

   

Equity Lines

   

Loans

   

Total

 
   

(In thousands)

 
                                                 

2018 Beginning Balance

  $ 49,796     $ 24,838     $ 37,610     $ 11,013     $ 22     $ 123,279  

Provision/(reversal) for possible credit losses

    4,827       (4,263 )     (4,696 )     1,135       (3 )     (3,000 )

Charge-offs

    (507 )           (161 )     (229 )           (897 )

Recoveries

    1,063       88       1,223       143             2,517  

Net recoveries/(charge-offs)

    556       88       1,062       (86 )           1,620  

June 30, 2018 Ending Balance

  $ 55,179     $ 20,663     $ 33,976     $ 12,062     $ 19     $ 121,899  

Reserve for impaired loans

  $ 2,463     $     $ 1,036     $ 334     $     $ 3,833  

Reserve for non-impaired loans

  $ 52,716     $ 20,663     $ 32,940     $ 11,728     $ 19     $ 118,066  

Reserve for off-balance sheet credit commitments

  $ 1,606     $ 1,207     $ 77     $ 190     $ 8     $ 3,088