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Note 8 - Loans (Tables)
9 Months Ended
Sep. 30, 2020
Notes Tables  
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 
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 
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 
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 
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 
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 
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 
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 
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 
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