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Loans (Tables)
 6 Months Ended
Jun. 30, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Summary of Loan Portfolio
The following table shows the Company’s loan portfolio by category as of the dates shown:
 
June 30,
 
December 31,
 
June 30,
(Dollars in thousands)
2017
 
2016
 
2016
Balance:
 
 
 
 
 
Commercial
$
6,406,289

 
$
6,005,422

 
$
5,144,533

Commercial real estate
6,402,494

 
6,196,087

 
5,848,334

Home equity
689,483

 
725,793

 
760,904

Residential real estate
762,810

 
705,221

 
653,664

Premium finance receivables—commercial
2,648,386

 
2,478,581

 
2,478,280

Premium finance receivables—life insurance
3,719,043

 
3,470,027

 
3,161,562

Consumer and other
114,827

 
122,041

 
127,378

Total loans, net of unearned income, excluding covered loans
$
20,743,332

 
$
19,703,172

 
$
18,174,655

Covered loans
50,119

 
58,145

 
105,248

Total loans
$
20,793,451

 
$
19,761,317

 
$
18,279,903

Mix:
 
 
 
 
 
Commercial
31
%
 
30
%
 
28
%
Commercial real estate
31

 
31

 
31

Home equity
3

 
4

 
4

Residential real estate
3

 
4

 
4

Premium finance receivables—commercial
13

 
12

 
14

Premium finance receivables—life insurance
18

 
18

 
17

Consumer and other
1

 
1

 
1

Total loans, net of unearned income, excluding covered loans
100
%
 
100
%
 
99
%
Covered loans
—

 
—

 
1

Total loans
100
%
 
100
%
 
100
%
Schedule of Unpaid Principal Balance and Carrying Value of Acquired Loans
The following table presents the unpaid principal balance and carrying value for these acquired loans:
 
 
June 30, 2017
 
December 31, 2016
 
(Dollars in thousands)
Unpaid
Principal
Balance
 
Carrying
Value
 
Unpaid
Principal
Balance
 
Carrying
Value
 
 
PCI loans
$
443,216

 
$
412,519

 
$
509,446

 
$
471,786
Activity Related to Accretable Yield of Loans Acquired With Evidence of Credit Quality Deterioratio Since Origination
The following table provides activity for the accretable yield of PCI loans:

Three Months Ended
 
Six Months Ended
(Dollars in thousands)
June 30,
2017

June 30,
2016

June 30,
2017
 
June 30,
2016
Accretable yield, beginning balance
$
45,762

 
$
59,218

 
$
49,408

 
$
63,902

Acquisitions
(105
)
 
125

 
426

 
1,266

Accretable yield amortized to interest income
(5,477
)
 
(5,199
)
 
(11,076
)
 
(10,656
)
Accretable yield amortized to indemnification asset/liability (1)
(361
)
 
(1,624
)
 
(715
)
 
(3,795
)
Reclassification from non-accretable difference (2)
3,554

 
2,536

 
6,089

 
6,729

Decreases in interest cash flows due to payments and changes in interest rates
2,137

 
574

 
1,378

 
(1,816
)
Accretable yield, ending balance (3)
$
45,510

 
$
55,630

 
$
45,510

 
$
55,630



(1)
Represents the portion of the current period accreted yield, resulting from lower expected losses, applied to reduce the loss share indemnification asset or increase the loss share indemnification liability.
(2)
Reclassification is the result of subsequent increases in expected principal cash flows.
(3)
As of June 30, 2017, the Company estimates that the remaining accretable yield balance to be amortized to the indemnification asset or liability for the bank acquisitions is $448,000. The remainder of the accretable yield related to bank acquisitions is expected to be amortized to interest income.