Note 8 - Loans (Tables)
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9 Months Ended |
Sep. 30, 2020 |
Notes Tables |
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Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
| | September 30, 2020 | | | December 31, 2019 | |
| | (In thousands) | |
| | | | | | | | |
Commercial loans | | $ | 2,848,000 | | | $ | 2,778,744 | |
Residential mortgage loans | | | 4,169,847 | | | | 4,088,586 | |
Commercial mortgage loans | | | 7,459,316 | | | | 7,275,262 | |
Real estate construction loans | | | 675,112 | | | | 579,864 | |
Equity lines | | | 411,848 | | | | 347,975 | |
Installment and other loans | | | 1,656 | | | | 5,050 | |
Gross loans | | $ | 15,565,779 | | | $ | 15,075,481 | |
Allowance for loan losses | | | (179,130 | ) | | | (123,224 | ) |
Unamortized deferred loan fees, net | | | (4,210 | ) | | | (626 | ) |
Total loans, net | | $ | 15,382,439 | | | $ | 14,951,631 | |
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Impaired Financing Receivables [Table Text Block] |
| | Three Months Ended September 30, | | | Nine Months Ended September 30, | |
| | 2020 | | | 2019 | | | 2020 | | | 2019 | |
| | 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 | | $ | 30,346 | | | $ | 148 | | | $ | 38,659 | | | $ | 208 | | | $ | 30,723 | | | $ | 242 | | | $ | 41,132 | | | $ | 705 | |
Real estate construction loans | | | 4,368 | | | | 98 | | | | 4,662 | | | | — | | | | 4,444 | | | | 245 | | | | 4,734 | | | | — | |
Commercial mortgage loans | | | 40,708 | | | | 268 | | | | 40,699 | | | | 332 | | | | 37,730 | | | | 966 | | | | 51,323 | | | | 1,034 | |
Residential mortgage loans and equity lines | | | 16,609 | | | | 74 | | | | 13,133 | | | | 78 | | | | 15,240 | | | | 200 | | | | 13,126 | | | | 237 | |
Total impaired loans | | $ | 92,031 | | | $ | 588 | | | $ | 97,153 | | | $ | 618 | | | $ | 88,137 | | | $ | 1,653 | | | $ | 110,315 | | | $ | 1,976 | |
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Schedule Of Impaired Loans And Related Allowance And Charge Off [Table Text Block] |
| | September 30, 2020 | | | December 31, 2019 | |
| | Unpaid Principal Balance | | | Recorded Investment | | | Allowance | | | Unpaid Principal Balance | | | Recorded Investment | | | Allowance | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
With no allocated allowance | | | | | | | | | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 16,210 | | | $ | 13,293 | | | $ | — | | | $ | 20,134 | | | $ | 15,857 | | | $ | — | |
Real estate construction loans | | | 5,776 | | | | 4,335 | | | | — | | | | 5,776 | | | | 4,580 | | | | — | |
Commercial mortgage loans | | | 22,996 | | | | 22,532 | | | | — | | | | 9,234 | | | | 9,030 | | | | — | |
Residential mortgage loans and equity lines | | | 7,921 | | | | 7,814 | | | | — | | | | 6,171 | | | | 6,073 | | | | — | |
Subtotal | | $ | 52,903 | | | $ | 47,974 | | | $ | — | | | $ | 41,315 | | | $ | 35,540 | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | |
With allocated allowance | | | | | | | | | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 28,059 | | | $ | 20,871 | | | $ | 7,704 | | | $ | 8,769 | | | $ | 8,739 | | | $ | 2,543 | |
Commercial mortgage loans | | | 31,138 | | | | 31,019 | | | | 582 | | | | 26,117 | | | | 26,040 | | | | 473 | |
Residential mortgage loans and equity lines | | | 6,632 | | | | 5,914 | | | | 209 | | | | 6,740 | | | | 5,540 | | | | 220 | |
Subtotal | | $ | 65,829 | | | $ | 57,804 | | | $ | 8,495 | | | $ | 41,626 | | | $ | 40,319 | | | $ | 3,236 | |
Total impaired loans | | $ | 118,732 | | | $ | 105,778 | | | $ | 8,495 | | | $ | 82,941 | | | $ | 75,859 | | | $ | 3,236 | |
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Financing Receivable, Past Due [Table Text Block] |
| | September 30, 2020 | |
| | 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 | | $ | 4,956 | | | $ | 7,098 | | | $ | — | | | $ | 29,757 | | | $ | 41,811 | | | $ | 2,806,189 | | | $ | 2,848,000 | |
Real estate construction loans | | | 19,000 | | | | 2,657 | | | | — | | | | 4,335 | | | | 25,992 | | | | 649,120 | | | | 675,112 | |
Commercial mortgage loans | | | 4,275 | | | | — | | | | 2,868 | | | | 33,782 | | | | 40,925 | | | | 7,418,391 | | | | 7,459,316 | |
Residential mortgage loans and equity lines | | | 212 | | | | — | | | | — | | | | 9,317 | | | | 9,529 | | | | 4,572,166 | | | | 4,581,695 | |
Installment and other loans | | | — | | | | — | | | | — | | | | — | | | | — | | | | 1,656 | | | | 1,656 | |
Total loans | | $ | 28,443 | | | $ | 9,755 | | | $ | 2,868 | | | $ | 77,191 | | | $ | 118,257 | | | $ | 15,447,522 | | | $ | 15,565,779 | |
| | December 31, 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 | | $ | 24,681 | | | $ | 9,954 | | | $ | 6,409 | | | $ | 19,381 | | | $ | 60,425 | | | $ | 2,718,319 | | | $ | 2,778,744 | |
Real estate construction loans | | | 5,846 | | | | 6,753 | | | | — | | | | 4,580 | | | | 17,179 | | | | 562,685 | | | | 579,864 | |
Commercial mortgage loans | | | 7,694 | | | | 2,609 | | | | — | | | | 9,928 | | | | 20,231 | | | | 7,255,031 | | | | 7,275,262 | |
Residential mortgage loans and equity lines | | | 26,028 | | | | 965 | | | | — | | | | 6,634 | | | | 33,627 | | | | 4,402,934 | | | | 4,436,561 | |
Installment and other loans | | | — | | | | — | | | | — | | | | — | | | | — | | | | 5,050 | | | | 5,050 | |
Total loans | | $ | 64,249 | | | $ | 20,281 | | | $ | 6,409 | | | $ | 40,523 | | | $ | 131,462 | | | $ | 14,944,019 | | | $ | 15,075,481 | |
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Schedule Of Troubled Debt Restructurings [Table Text Block] |
| | Three Months Ended September 30, 2020 | | | September 30, 2020 | |
| | No. of Contracts | | | Pre-Modification Outstanding Recorded Investment | | | Post-Modification Outstanding Recorded Investment | | | Charge-offs | | | Specific Reserve | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | |
Commercial loans | | | 2 | | | $ | 2,983 | | | $ | 2,983 | | | $ | — | | | $ | 203 | |
Total | | | 2 | | | $ | 2,983 | | | $ | 2,983 | | | $ | — | | | $ | 203 | |
| | Three Months Ended September 30, 2019 | | | September 30, 2019 | |
| | No. of Contracts | | | Pre-Modification Outstanding Recorded Investment | | | Post-Modification Outstanding Recorded Investment | | | Charge-offs | | | Specific Reserve | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | |
Commercial loans | | | 3 | | | $ | 7,585 | | | $ | 6,165 | | | $ | — | | | $ | 89 | |
Total | | | 3 | | | $ | 7,585 | | | $ | 6,165 | | | $ | — | | | $ | 89 | |
| | Nine Months Ended September 30, 2020 | | | September 30, 2020 | |
| | No. of Contracts | | | Pre-Modification Outstanding Recorded Investment | | | Post-Modification Outstanding Recorded Investment | | | Charge-offs | | | Specific Reserve | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | |
Commercial loans | | | 5 | | | $ | 5,417 | | | $ | 5,417 | | | $ | — | | | $ | 203 | |
Total | | | 5 | | | $ | 5,417 | | | $ | 5,417 | | | $ | — | | | $ | 203 | |
| | Nine Months Ended September 30, 2019 | | | September 30, 2019 | |
| | No. of Contracts | | | Pre-Modification Outstanding Recorded Investment | | | Post-Modification Outstanding Recorded Investment | | | Charge-offs | | | Specific Reserve | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | |
Commercial loans | | | 23 | | | $ | 25,937 | | | $ | 10,814 | | | $ | — | | | $ | 125 | |
Total | | | 23 | | | $ | 25,937 | | | $ | 10,814 | | | $ | — | | | $ | 125 | |
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Financing Receivable, Troubled Debt Restructuring [Table Text Block] |
| | September 30, 2020 | |
| | Payment Deferral | | | Rate Reduction | | | Rate Reduction and Payment Deferral | | | Total | |
| | (In thousands) | |
Accruing TDRs | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 4,406 | | | $ | — | | | $ | — | | | $ | 4,406 | |
Commercial mortgage loans | | | 582 | | | | 5,662 | | | | 13,526 | | | | 19,770 | |
Residential mortgage loans | | | 1,940 | | | | 284 | | | | 2,187 | | | | 4,411 | |
Total accruing TDRs | | $ | 6,928 | | | $ | 5,946 | | | $ | 15,713 | | | $ | 28,587 | |
| | December 31, 2019 | |
| | Payment Deferral | | | Rate Reduction | | | Rate Reduction and Payment Deferral | | | Total | |
| | (In thousands) | |
Accruing TDRs | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 5,215 | | | $ | — | | | $ | — | | | $ | 5,215 | |
Commercial mortgage loans | | | 615 | | | | 5,748 | | | | 18,779 | | | | 25,142 | |
Residential mortgage loans | | | 2,525 | | | | 311 | | | | 2,143 | | | | 4,979 | |
Total accruing TDRs | | $ | 8,355 | | | $ | 6,059 | | | $ | 20,922 | | | $ | 35,336 | |
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Non Accrual Troubled Debt Restructurings [Table Text Block] |
| | September 30, 2020 | |
| | Payment Deferral | | | Rate Reduction | | | Rate Reduction and Payment Deferral | | | Total | |
| | (In thousands) | |
Non-accrual TDRs | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 8,902 | | | $ | — | | | $ | — | | | $ | 8,902 | |
Residential mortgage loans | | | 1,017 | | | | — | | | | — | | | | 1,017 | |
Total non-accrual TDRs | | $ | 9,919 | | | $ | — | | | $ | — | | | $ | 9,919 | |
| | December 31, 2019 | |
| | Payment Deferral | | | Rate Reduction | | | Rate Reduction and Payment Deferral | | | Total | |
| | (In thousands) | |
Non-accrual TDRs | | | | | | | | | | | | | | | | |
Commercial loans | | $ | 16,692 | | | $ | — | | | $ | — | | | $ | 16,692 | |
Commercial mortgage loans | | | 1,220 | | | | — | | | | 136 | | | | 1,356 | |
Total non-accrual TDRs | | $ | 17,912 | | | $ | — | | | $ | 136 | | | $ | 18,048 | |
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Activity Within The Troubled Debt Resturings [Table Text Block] |
| | Three Months Ended September 30, | | | Nine Months Ended September 30, | |
| | 2020 | | | 2019 | | | 2020 | | | 2019 | |
| | (In thousands) | |
Accruing TDRs | | | | | | | | | | | | | | | | |
Beginning balance | | $ | 31,671 | | | $ | 64,898 | | | $ | 35,336 | | | $ | 65,071 | |
New restructurings | | | 2,983 | | | | 240 | | | | 5,417 | | | | 15,432 | |
Restructured loans restored to accrual status | | | 263 | | | | — | | | | 263 | | | | — | |
Charge-offs | | | — | | | | (1,341 | ) | | | — | | | | (1,341 | ) |
Payments | | | (6,330 | ) | | | (22,150 | ) | | | (12,429 | ) | | | (36,219 | ) |
Restructured loans placed on non-accrual status | | | — | | | | — | | | | — | | | | (1,296 | ) |
Ending balance | | $ | 28,587 | | | $ | 41,647 | | | $ | 28,587 | | | $ | 41,647 | |
| | Three Months Ended September 30, | | | Nine Months Ended September 30, | |
| | 2020 | | | 2019 | | | 2020 | | | 2019 | |
| | (In thousands) | |
Non-accrual TDRs | | | | | | | | | | | | | | | | |
Beginning balance | | $ | 12,670 | | | $ | 22,457 | | | $ | 18,048 | | | $ | 24,189 | |
New restructurings | | | — | | | | 7,345 | | | | — | | | | 10,505 | |
Restructured loans placed on non-accrual status | | | — | | | | — | | | | — | | | | 1,296 | |
Charge-offs | | | — | | | | (2,389 | ) | | | (4,970 | ) | | | (3,607 | ) |
Payments | | | (2,488 | ) | | | (7,626 | ) | | | (2,896 | ) | | | (12,596 | ) |
Restructured loans restored to accrual status | | | (263 | ) | | | — | | | | (263 | ) | | | — | |
Ending balance | | $ | 9,919 | | | $ | 19,787 | | | $ | 9,919 | | | $ | 19,787 | |
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Financing Receivable Credit Quality Indicators [Table Text Block] |
| | September 30, 2020 | |
| | Pass/Watch | | | Special Mention | | | Substandard | | | Doubtful | | | Total | |
| | (In thousands) | |
Commercial loans | | $ | 2,553,148 | | | $ | 156,869 | | | $ | 137,983 | | | $ | — | | | $ | 2,848,000 | |
Real estate construction loans | | | 548,075 | | | | 122,299 | | | | 4,738 | | | | — | | | | 675,112 | |
Commercial mortgage loans | | | 7,215,288 | | | | 114,653 | | | | 129,375 | | | | — | | | | 7,459,316 | |
Residential mortgage loans and equity lines | | | 4,571,766 | | | | 212 | | | | 9,717 | | | | — | | | | 4,581,695 | |
Installment and other loans | | | 1,656 | | | | — | | | | — | | | | — | | | | 1,656 | |
Total gross loans | | $ | 14,889,933 | | | $ | 394,033 | | | $ | 281,813 | | | $ | — | | | $ | 15,565,779 | |
| | December 31, 2019 | |
| | Pass/Watch | | | Special Mention | | | Substandard | | | Doubtful | | | Total | |
| | (In thousands) | |
Commercial loans | | $ | 2,528,944 | | | $ | 166,016 | | | $ | 83,784 | | | $ | — | | | $ | 2,778,744 | |
Real estate construction loans | | | 461,597 | | | | 113,687 | | | | 4,580 | | | | — | | | | 579,864 | |
Commercial mortgage loans | | | 6,992,933 | | | | 196,454 | | | | 85,875 | | | | — | | | | 7,275,262 | |
Residential mortgage loans and equity lines | | | 4,427,205 | | | | 914 | | | | 8,442 | | | | — | | | | 4,436,561 | |
Installment and other loans | | | 5,050 | | | | — | | | | — | | | | — | | | | 5,050 | |
Total gross loans | | $ | 14,415,729 | | | $ | 477,071 | | | $ | 182,681 | | | $ | — | | | $ | 15,075,481 | |
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Financing Receivable, Allowance for Credit Loss [Table Text Block] |
Three months ended September 30, 2020 and 2019 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | Residential | | | | | | | | | |
| | | | | | Real Estate | | | Commercial | | | Mortgage Loans | | | Installment | | | | | |
| | Commercial | | | Construction | | | Mortgage | | | and | | | and Other | | | | | |
| | Loans | | | Loans | | | Loans | | | Equity Lines | | | Loans | | | Total | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
June 30, 2020 Ending Balance | | $ | 82,256 | | | $ | 26,700 | | | $ | 41,132 | | | $ | 19,592 | | | $ | — | | | $ | 169,680 | |
Provision for possible credit losses | | | 298 | | | | 6,012 | | | | 5,438 | | | | 752 | | | | — | | | | 12,500 | |
Charge-offs | | | (6,956 | ) | | | — | | | | — | | | | — | | | | — | | | | (6,956 | ) |
Recoveries | | | 3,796 | | | | — | | | | 95 | | | | 15 | | | | — | | | | 3,906 | |
Net (charge-offs)/recoveries | | | (3,160 | ) | | | — | | | | 95 | | | | 15 | | | | — | | | | (3,050 | ) |
September 30, 2020 Ending Balance | | $ | 79,394 | | | $ | 32,712 | | | $ | 46,665 | | | $ | 20,359 | | | $ | — | | | $ | 179,130 | |
| | | | | | | | | | | | | | Residential | | | | | | | | | |
| | | | | | Real Estate | | | Commercial | | | Mortgage Loans | | | Installment | | | | | |
| | Commercial | | | Construction | | | Mortgage | | | and | | | and Other | | | | | |
| | Loans | | | Loans | | | Loans | | | Equity Lines | | | Loans | | | Total | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
June 30, 2019 Ending Balance | | $ | 54,293 | | | $ | 21,010 | | | $ | 33,154 | | | $ | 14,164 | | | $ | 30 | | | $ | 122,651 | |
Provision/(reversal) for possible credit losses | | | 7,400 | | | | (2,690 | ) | | | (4,648 | ) | | | (2,057 | ) | | | (5 | ) | | | (2,000 | ) |
Charge-offs | | | (3,356 | ) | | | — | | | | — | | | | — | | | | — | | | | (3,356 | ) |
Recoveries | | | 212 | | | | 3,378 | | | | 4,961 | | | | 62 | | | | — | | | | 8,613 | |
Net (charge-offs)/recoveries | | | (3,144 | ) | | | 3,378 | | | | 4,961 | | | | 62 | | | | — | | | | 5,257 | |
September 30, 2019 Ending Balance | | $ | 58,549 | | | $ | 21,698 | | | $ | 33,467 | | | $ | 12,169 | | | $ | 25 | | | $ | 125,908 | |
Nine months ended September 30, 2020 and 2019 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | Residential | | | | | | | | | |
| | | | | | Real Estate | | | Commercial | | | Mortgage Loans | | | Installment | | | | | |
| | Commercial | | | Construction | | | Mortgage | | | and | | | and Other | | | | | |
| | Loans | | | Loans | | | Loans | | | Equity Lines | | | Loans | | | Total | |
| | (In thousands) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
2020 Beginning Balance | | $ | 57,021 | | | $ | 19,474 | | | $ | 33,602 | | | $ | 13,108 | | | $ | 19 | | | $ | 123,224 | |
Provision/(reversal) for possible credit losses | | | 29,402 | | | | 13,238 | | | | 12,718 | | | | 7,161 | | | | (19 | ) | | | 62,500 | |
Charge-offs | | | (13,383 | ) | | | — | | | | — | | | | — | | | | — | | | | (13,383 | ) |
Recoveries | | | 6,354 | | | | — | | | | 345 | | | | 90 | | | | — | | | | 6,789 | |
Net (charge-offs)/recoveries | | | (7,029 | ) | | | — | | | | 345 | | | | 90 | | | | — | | | | (6,594 | ) |
September 30, 2020 Ending Balance | | $ | 79,394 | | | $ | 32,712 | | | $ | 46,665 | | | $ | 20,359 | | | $ | — | | | $ | 179,130 | |
Reserve for impaired loans | | $ | 7,704 | | | $ | — | | | $ | 582 | | | $ | 209 | | | $ | — | | | $ | 8,495 | |
Reserve for non-impaired loans | | $ | 71,690 | | | $ | 32,712 | | | $ | 46,083 | | | $ | 20,150 | | | $ | — | | | $ | 170,635 | |
Reserve for off-balance sheet credit commitments | | $ | 4,297 | | | $ | 896 | | | $ | 172 | | | $ | 294 | | | $ | 4 | | | $ | 5,663 | |
| | | | | | | | | | | | | | 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 | | | 8,262 | | | | (2,540 | ) | | | (5,234 | ) | | | (2,495 | ) | | | 7 | | | | (2,000 | ) |
Charge-offs | | | (6,300 | ) | | | — | | | | — | | | | — | | | | — | | | | (6,300 | ) |
Recoveries | | | 1,609 | | | | 4,612 | | | | 5,214 | | | | 382 | | | | — | | | | 11,817 | |
Net (charge-offs)/recoveries | | | (4,691 | ) | | | 4,612 | | | | 5,214 | | | | 382 | | | | — | | | | 5,517 | |
September 30, 2019 Ending Balance | | $ | 58,549 | | | $ | 21,698 | | | $ | 33,467 | | | $ | 12,169 | | | $ | 25 | | | $ | 125,908 | |
Reserve for impaired loans | | $ | 744 | | | $ | — | | | $ | 536 | | | $ | 221 | | | $ | — | | | $ | 1,501 | |
Reserve for non-impaired loans | | $ | 57,805 | | | $ | 21,698 | | | $ | 32,931 | | | $ | 11,948 | | | $ | 25 | | | $ | 124,407 | |
Reserve for off-balance sheet credit commitments | | $ | 2,505 | | | $ | 1,608 | | | $ | 121 | | | $ | 313 | | | $ | 3 | | | $ | 4,550 | |
|
Impairment Method [Member] |
|
Notes Tables |
|
Impaired Financing Receivables [Table Text Block] |
| | September 30, 2020 | |
| | | | | | 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 | | $ | 7,704 | | | $ | — | | | $ | 582 | | | $ | 209 | | | $ | — | | | $ | 8,495 | |
Balance | | $ | 34,164 | | | $ | 4,335 | | | $ | 53,551 | | | $ | 13,728 | | | $ | — | | | $ | 105,778 | |
Loans collectively evaluated for impairment | | | | | | | | | | | | | | | | | | | | | | | | |
Allowance | | $ | 71,690 | | | $ | 32,712 | | | $ | 46,083 | | | $ | 20,150 | | | $ | — | | | $ | 170,635 | |
Balance | | $ | 2,813,836 | | | $ | 670,777 | | | $ | 7,405,765 | | | $ | 4,567,967 | | | $ | 1,656 | | | $ | 15,460,001 | |
Total allowance | | $ | 79,394 | | | $ | 32,712 | | | $ | 46,665 | | | $ | 20,359 | | | $ | — | | | $ | 179,130 | |
Total balance | | $ | 2,848,000 | | | $ | 675,112 | | | $ | 7,459,316 | | | $ | 4,581,695 | | | $ | 1,656 | | | $ | 15,565,779 | |
| | December 31, 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 | | $ | 2,543 | | | $ | — | | | $ | 473 | | | $ | 220 | | | $ | — | | | $ | 3,236 | |
Balance | | $ | 24,596 | | | $ | 4,580 | | | $ | 35,070 | | | $ | 11,613 | | | $ | — | | | $ | 75,859 | |
Loans collectively evaluated for impairment | | | | | | | | | | | | | | | | | | | | | | | | |
Allowance | | $ | 54,478 | | | $ | 19,474 | | | $ | 33,129 | | | $ | 12,888 | | | $ | 19 | | | $ | 119,988 | |
Balance | | $ | 2,754,148 | | | $ | 575,284 | | | $ | 7,240,192 | | | $ | 4,424,948 | | | $ | 5,050 | | | $ | 14,999,622 | |
Total allowance | | $ | 57,021 | | | $ | 19,474 | | | $ | 33,602 | | | $ | 13,108 | | | $ | 19 | | | $ | 123,224 | |
Total balance | | $ | 2,778,744 | | | $ | 579,864 | | | $ | 7,275,262 | | | $ | 4,436,561 | | | $ | 5,050 | | | $ | 15,075,481 | |
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