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Loans and Leases (Tables)
12 Months Ended
Dec. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of loans and leases
Loans and Leases at December 31, 2017 and December 31, 2016 were as follows:
 
December 31, 2017
 
December 31, 2016
(in thousands)
Originated
 
Acquired
 
Total
Loans and
Leases
 
Originated
 
Acquired
 
Total
Loans and
Leases
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
Agriculture
$
108,608

 
$
0

 
$
108,608

 
$
118,247

 
$
0

 
$
118,247

Commercial and industrial other
932,067

 
50,976

 
983,043

 
847,055

 
79,317

 
926,372

Subtotal commercial and industrial
1,040,675

 
50,976

 
1,091,651

 
965,302

 
79,317

 
1,044,619

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Construction
202,486

 
1,480

 
203,966

 
135,834

 
8,936

 
144,770

Agriculture
129,712

 
247

 
129,959

 
102,509

 
267

 
102,776

Commercial real estate other
1,660,782

 
206,020

 
1,866,802

 
1,431,690

 
241,605

 
1,673,295

Subtotal commercial real estate
1,992,980

 
207,747

 
2,200,727

 
1,670,033

 
250,808

 
1,920,841

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Home equity
212,812

 
28,444

 
241,256

 
209,277

 
37,737

 
247,014

Mortgages
1,039,040

 
22,645

 
1,061,685

 
947,378

 
25,423

 
972,801

Subtotal residential real estate
1,251,852

 
51,089

 
1,302,941

 
1,156,655

 
63,160

 
1,219,815

Consumer and other
 
 
 
 
 
 
 
 
 
 
 
Indirect
12,144

 
0

 
12,144

 
14,835

 
0

 
14,835

Consumer and other
50,214

 
765

 
50,979

 
44,393

 
826

 
45,219

Subtotal consumer and other
62,358

 
765

 
63,123

 
59,228

 
826

 
60,054

Leases
14,467

 
 
 
14,467

 
16,650

 


 
16,650

Total loans and leases
4,362,332

 
310,577

 
4,672,909

 
3,867,868

 
394,111

 
4,261,979

Less: unearned income and deferred costs and fees
(3,789
)
 
0

 
(3,789
)
 
(3,946
)
 
0

 
(3,946
)
Total loans and leases, net of unearned income and deferred costs and fees
$
4,358,543

 
$
310,577

 
$
4,669,120

 
$
3,863,922

 
$
394,111

 
$
4,258,033

Schedule of outstanding principal and carrying amount of loans acquired
The outstanding principal balance and the related carrying amount of the Company’s loans acquired in the VIST Acquisition were as follows at December 31:
(in thousands)
2017
 
2016
Acquired Credit Impaired Loans
 
 
 
Outstanding principal balance
$
14,337

 
$
26,237

Carrying amount
11,962

 
22,517

 
 
 
 
Acquired Non-Credit Impaired Loans
 
 
 
Outstanding principal balance
301,128

 
375,471

Carrying amount
298,615

 
371,594

 
 
 
 
Total Acquired Loans
 
 
 
Outstanding principal balance
315,465

 
401,708

Carrying amount
310,577

 
394,111

Schedule of age analysis of past due loans
The below table is an aging analysis of past due loans, segregated by originated and acquired loan and lease portfolios, and by class of loans, as of December 31, 2017 and 2016.
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
30-89 days
 
90 days or more
 
Current Loans
 
Total Loans
 
90 days and
accruing
1
 
Nonaccrual
Originated Loans and Leases
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
Agriculture
$
0

 
$
0

 
$
108,608

 
$
108,608

 
$
0

 
$
0

Commercial and industrial other
431

 
849

 
930,787

 
932,067

 
0

 
2,852

Subtotal commercial and industrial
431

 
849

 
1,039,395

 
1,040,675

 
0

 
2,852

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Construction
0

 
0

 
202,486

 
202,486

 
0

 
0

Agriculture
0

 
0

 
129,712

 
129,712

 
0

 
0

Commercial real estate other
1,583

 
2,125

 
1,657,074

 
1,660,782

 
0

 
5,402

Subtotal commercial real estate
1,583

 
2,125

 
1,989,272

 
1,992,980

 
0

 
5,402

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Home equity
1,045

 
448

 
211,319

 
212,812

 
0

 
1,537

Mortgages
3,153

 
2,692

 
1,033,195

 
1,039,040

 
0

 
6,108

Subtotal residential real estate
4,198

 
3,140

 
1,244,514

 
1,251,852

 
0

 
7,645

Consumer and other
 
 
 
 
 
 
 
 
 
 
 
Indirect
449

 
205

 
11,490

 
12,144

 
6

 
278

Consumer and other
130

 
42

 
50,042

 
50,214

 
38

 
76

Subtotal consumer and other
579

 
247

 
61,532

 
62,358

 
44

 
354

Leases
0

 
0

 
14,467

 
14,467

 
0

 
0

Total loans and leases
6,791

 
6,361

 
4,349,180

 
4,362,332

 
44

 
16,253

Less: unearned income and deferred costs and fees
0

 
0

 
(3,789
)
 
(3,789
)
 
0

 
0

Total originated loans and leases, net of unearned income and deferred costs and fees
$
6,791

 
$
6,361

 
$
4,345,391

 
$
4,358,543

 
$
44

 
$
16,253

Acquired Loans and Leases
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial other
$
12

 
$
61

 
$
50,903

 
$
50,976

 
$
61

 
$
0

Subtotal commercial and industrial
12

 
61

 
50,903

 
50,976

 
61

 
0

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Construction
0

 
0

 
1,480

 
1,480

 
0

 
0

Agriculture
0

 
0

 
247

 
247

 
0

 
0

Commercial real estate other
167

 
727

 
205,126

 
206,020

 
515

 
546

Subtotal commercial real estate
167

 
727

 
206,853

 
207,747

 
515

 
546

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Home equity
601

 
564

 
27,279

 
28,444

 
130

 
1,604

Mortgages
472

 
942

 
21,231

 
22,645

 
440

 
1,114

Subtotal residential real estate
1,073

 
1,506

 
48,510

 
51,089

 
570

 
2,718

Consumer and other
 
 
 
 
 
 
 
 
 
 
 
Consumer and other
4

 
0

 
761

 
765

 
0

 
0

Subtotal consumer and other
4

 
0

 
761

 
765

 
0

 
0

Total acquired loans and leases, net of unearned income and deferred costs and fees
$
1,256

 
$
2,294

 
$
307,027

 
$
310,577

 
$
1,146

 
$
3,264

 
1 Includes acquired loans that were recorded at fair value at the acquisition date.
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
30-89 days
 
90 days or more
 
Current Loans
 
Total Loans
 
90 days and
accruing
1
 
Nonaccrual
Originated loans and leases
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
Agriculture
$
0

 
$
0

 
$
118,247

 
$
118,247

 
$
0

 
$
0

Commercial and industrial other
1,312

 
281

 
845,462

 
847,055

 
0

 
526

Subtotal commercial and industrial
1,312

 
281

 
963,709

 
965,302

 
0

 
526

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Construction
0

 
0

 
135,834

 
135,834

 
0

 
0

Agriculture
17

 
0

 
102,492

 
102,509

 
0

 
162

Commercial real estate other
2,546

 
3,071

 
1,426,073

 
1,431,690

 
0

 
5,988

Subtotal commercial real estate
2,563

 
3,071

 
1,664,399

 
1,670,033

 
0

 
6,150

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Home equity
433

 
1,954

 
206,890

 
209,277

 
0

 
2,016

Mortgages
1,749

 
3,244

 
942,385

 
947,378

 
0

 
5,442

Subtotal residential real estate
2,182

 
5,198

 
1,149,275

 
1,156,655

 
0

 
7,458

Consumer and other
 
 
 
 
 
 
 
 
 
 
 
Indirect
444

 
376

 
14,015

 
14,835

 
0

 
166

Consumer and other
193

 
8

 
44,192

 
44,393

 
0

 
0

Subtotal consumer and other
637

 
384

 
58,207

 
59,228

 
0

 
166

Leases
0

 
0

 
16,650

 
16,650

 
0

 
0

Total loans and leases
6,694

 
8,934

 
3,852,240

 
3,867,868

 
0

 
14,300

Less: unearned income and deferred costs and fees
0

 
0

 
(3,946
)
 
(3,946
)

0

 
0

Total originated loans and leases, net of unearned income and deferred costs and fees
$
6,694

 
$
8,934

 
$
3,848,294

 
$
3,863,922

 
$
0

 
$
14,300

Acquired loans and leases
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial other
$
12

 
$
87

 
$
79,218

 
$
79,317

 
$
40

 
$
212

Subtotal commercial and industrial
12

 
87

 
79,218

 
79,317

 
40

 
212

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Construction
0

 
0

 
8,936

 
8,936

 
0

 
0

Agriculture
0

 
0

 
267

 
267

 
0

 
0

Commercial real estate other
1,461

 
3,952

 
236,192

 
241,605

 
1,402

 
2,926

Subtotal commercial real estate
1,461

 
3,952

 
245,395

 
250,808

 
1,402

 
2,926

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Home equity
251

 
637

 
36,849

 
37,737

 
185

 
663

Mortgages
829

 
1,651

 
22,943

 
25,423

 
930

 
940

Subtotal residential real estate
1,080

 
2,288

 
59,792

 
63,160

 
1,115

 
1,603

Consumer and other
 
 
 
 
 
 
 
 
 
 
 
Consumer and other
0

 
0

 
826

 
826

 
0

 
0

Subtotal consumer and other
0

 
0

 
826

 
826

 
0

 
0

Covered loans
0

 
0

 
0

 
0

 
0

 
0

Total acquired loans and leases, net of unearned income and deferred costs and fees
$
2,553

 
$
6,327

 
$
385,231

 
$
394,111

 
$
2,557

 
$
4,741

 1 Includes acquired loans that were recorded at fair value at the acquisition date.