Loans and Leases (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of loans and leases

Loans and leases at June 30, 2020 and December 31, 2019 were as follows:

(In thousands)	06/30/2020		12/31/2019
Commercial and industrial
Agriculture	$	93,748	$	105,786
Commercial and industrial other	844,388		902,275
PPP loans*	465,627		0
Subtotal commercial and industrial	1,403,763		1,008,061
Commercial real estate
Construction	192,940		213,637
Agriculture	193,268		184,898
Commercial real estate other	2,152,476		2,045,030
Subtotal commercial real estate	2,538,684		2,443,565
Residential real estate
Home equity	208,323		219,245
Mortgages	1,198,633		1,158,592
Subtotal residential real estate	1,406,956		1,377,837
Consumer and other
Indirect	10,748		12,964
Consumer and other	62,345		61,446
Subtotal consumer and other	73,093		74,410
Leases	16,213		17,322
Total loans and leases	5,438,709		4,921,195
Less: unearned income and deferred costs and fees	(14,424)		(3,645)
Total loans and leases, net of unearned income and deferred costs and fees	$	5,424,285	$	4,917,550
*Paycheck Protection Program ("PPP")

Schedule of age analysis of past due loans

The below table is an age analysis of past due loans, segregated by class of loans, as of June 30, 2020 and December 31, 2019.

06/30/2020
(In thousands)	30-59 Days		60-89 Days		90 Days or More		Total Past Due		Current Loans		Total Loans
Loans and Leases
Commercial and industrial
Agriculture	$	126	$	0	$	0	$	126	$	93,622	$	93,748
Commercial and industrial other	23		0		1,846		1,869		842,519		844,388
PPP loans*	0		0		0		0		465,627		465,627
Subtotal commercial and industrial	149		0		1,846		1,995		1,401,768		1,403,763
Commercial real estate
Construction	0		0		0		0		192,940		192,940
Agriculture	327		0		0		327		192,941		193,268
Commercial real estate other	5,121		0		8,831		13,952		2,138,524		2,152,476
Subtotal commercial real estate	5,448		0		8,831		14,279		2,524,405		2,538,684
Residential real estate
Home equity	549		160		883		1,592		206,731		208,323
Mortgages	807		1,023		3,775		5,605		1,193,028		1,198,633
Subtotal residential real estate	1,356		1,183		4,658		7,197		1,399,759		1,406,956
Consumer and other
Indirect	80		19		87		186		10,562		10,748
Consumer and other	85		32		85		202		62,143		62,345
Subtotal consumer and other	165		51		172		388		72,705		73,093
Leases	0		0		0		0		16,213		16,213
Total loans and leases	7,118		1,234		15,507		23,859		5,414,850		5,438,709
Less: unearned income and deferred costs and fees	0		0		0		0		(14,424)		(14,424)
Total loans and leases, net of unearned income and deferred costs and fees	$	7,118	$	1,234	$	15,507	$	23,859	$	5,400,426	$	5,424,285

December 31, 2019
(In thousands)	30-89 Days		90 Days or More		Current Loans		Total Loans		90 days and accruing1		Nonaccrual
Loans and Leases
Commercial and industrial
Agriculture	$	0	$	65	$	105,721	$	105,786	$	0	$	0
Commercial and industrial other	413		2,081		899,781		902,275		2		2,335
Subtotal commercial and industrial	413		2,146		1,005,502		1,008,061		2		2,335
Commercial real estate
Construction	0		0		213,637		213,637		0		0
Agriculture	0		0		184,898		184,898		0		0
Commercial real estate other	1,140		10,780		2,033,110		2,045,030		542		10,789
Subtotal commercial real estate	1,140		10,780		2,431,645		2,443,565		542		10,789
Residential real estate
Home equity	348		727		218,170		219,245		55		2,796
Mortgages	1,344		3,985		1,153,263		1,158,592		195		8,086
Subtotal residential real estate	1,692		4,712		1,371,433		1,377,837		250		10,882
Consumer and other
Indirect	312		60		12,592		12,964		0		117
Consumer and other	167		66		61,213		61,446		0		158
Subtotal consumer and other	479		126		73,805		74,410		0		275
Leases	0		0		17,322		17,322		0		0
Total loans and leases	3,724		17,764		4,899,707		4,921,195		794		24,281
Less: unearned income and deferred costs and fees	0		0		(3,645)		(3,645)		0		0
Total loans and leases, net of unearned income and deferred costs and fees	$	3,724	$	17,764	$	4,896,062	$	4,917,550	$	794	$	24,281

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

The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses. The below table is an age analysis of nonaccrual loans, segregated by class of loans, as of June 30, 2020.

(In thousands)	Nonaccrual Loans with no Allowance for Credit Losses		Nonaccrual Loans		Loans Past Due Over 89 Days and Accruing
Loans and Leases
Commercial and industrial
Commercial and industrial other	$	1,877	$	2,014	$	0
Subtotal commercial and industrial	1,877		2,014		0
Commercial real estate
Agriculture	1,559		123		0
Commercial real estate other	6,880		9,094		0
Subtotal commercial real estate	8,439		9,217		0
Residential real estate
Home equity	2,279		2,279		0
Mortgages	9,276		9,276		0
Subtotal residential real estate	11,555		11,555		0
Consumer and other
Indirect	194		194		0
Consumer and other	203		203		0
Subtotal consumer and other	397		397		0
Leases	0		0		0
Total loans and leases	22,268		23,183		0

 The Company recognized $0 of interest income on nonaccrual loans during the three and six months ended June 30, 2020.