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Loans (Tables)
 6 Months Ended
Jun. 30, 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:
 
June 30,
 
December 31,
 
June 30,
(Dollars in thousands)
2018
 
2017
 
2017
Balance:
 
 
 
 
 
Commercial
$
7,289,060

 
$
6,787,677

 
$
6,406,289

Commercial real estate
6,575,084

 
6,580,618

 
6,402,494

Home equity
593,500

 
663,045

 
689,483

Residential real estate
895,470

 
832,120

 
762,810

Premium finance receivables—commercial
2,833,452

 
2,634,565

 
2,648,386

Premium finance receivables—life insurance
4,302,288

 
4,035,059

 
3,719,043

Consumer and other
121,706

 
107,713

 
114,827

Total loans, net of unearned income, excluding covered loans
$
22,610,560

 
$
21,640,797

 
$
20,743,332

Covered loans
—

 
—

 
50,119

Total loans
$
22,610,560

 
$
21,640,797

 
$
20,793,451

Mix:
 
 
 
 
 
Commercial
32
%
 
31
%
 
31
%
Commercial real estate
29

 
30

 
31

Home equity
3

 
3

 
3

Residential real estate
4

 
4

 
3

Premium finance receivables—commercial
12

 
12

 
13

Premium finance receivables—life insurance
19

 
19

 
18

Consumer and other
1

 
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:
 
 
June 30, 2018
 
December 31, 2017
 
(Dollars in thousands)
Unpaid
Principal
Balance
 
Carrying
Value
 
Unpaid
Principal
Balance
 
Carrying
Value
 
 
PCI loans
$
331,517

 
$
311,317

 
$
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
 
Six Months Ended
(Dollars in thousands)
June 30,
2018

June 30,
2017

June 30,
2018
 
June 30,
2017
Accretable yield, beginning balance
$
35,692

 
$
45,762

 
$
36,565

 
$
49,408

Acquisitions
—

 
(105
)
 
—

 
426

Accretable yield amortized to interest income
(4,152
)
 
(5,477
)
 
(8,771
)
 
(11,076
)
Accretable yield amortized to indemnification asset/liability (1)
—

 
(361
)
 
—

 
(715
)
Reclassification from non-accretable difference (2)
1,306

 
3,554

 
2,862

 
6,089

Increases in interest cash flows due to payments and changes in interest rates
1,501

 
2,137

 
3,691

 
1,378

Accretable yield, ending balance
$
34,347

 
$
45,510

 
$
34,347

 
$
45,510



(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.