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Loans (Tables)
 3 Months Ended
Mar. 31, 2018
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:
 
March 31,
 
December 31,
 
March 31,
(Dollars in thousands)
2018
 
2017
 
2017
Balance:
 
 
 
 
 
Commercial
$
7,060,871

 
$
6,787,677

 
$
6,081,489

Commercial real estate
6,633,520

 
6,580,618

 
6,261,682

Home equity
626,547

 
663,045

 
708,258

Residential real estate
869,104

 
832,120

 
720,608

Premium finance receivables—commercial
2,576,150

 
2,634,565

 
2,446,946

Premium finance receivables—life insurance
4,189,961

 
4,035,059

 
3,593,563

Consumer and other
105,981

 
107,713

 
118,512

Total loans, net of unearned income, excluding covered loans
$
22,062,134

 
$
21,640,797

 
$
19,931,058

Covered loans
—

 
—

 
52,359

Total loans
$
22,062,134

 
$
21,640,797

 
$
19,983,417

Mix:
 
 
 
 
 
Commercial
32
%
 
31
%
 
30
%
Commercial real estate
30

 
30

 
31

Home equity
3

 
3

 
4

Residential real estate
4

 
4

 
4

Premium finance receivables—commercial
12

 
12

 
12

Premium finance receivables—life insurance
19

 
19

 
18

Consumer and other
—

 
1

 
1

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

 
—

 
—

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:
 
 
March 31, 2018
 
December 31, 2017
 
(Dollars in thousands)
Unpaid
Principal
Balance
 
Carrying
Value
 
Unpaid
Principal
Balance
 
Carrying
Value
 
 
PCI loans
$
348,102

 
$
325,745

 
$
375,237

 
$
350,690
Activity Related to Accretable Yield of PCI Loans
The following table provides activity for the accretable yield of PCI loans:

Three Months Ended
(Dollars in thousands)
March 31,
2018

March 31,
2017
Accretable yield, beginning balance
$
36,565

 
$
49,408

Acquisitions
—

 
531

Accretable yield amortized to interest income
(4,619
)
 
(5,599
)
Accretable yield amortized to indemnification asset/liability (1)
—

 
(354
)
Reclassification from non-accretable difference (2)
1,556

 
2,535

Increases (decreases) in interest cash flows due to payments and changes in interest rates
2,190

 
(759
)
Accretable yield, ending balance
$
35,692

 
$
45,762



(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.