XML 40 R30.htm IDEA: XBRL DOCUMENT v3.19.1
Loans (Tables)
3 Months Ended
Mar. 31, 2019
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)
2019
 
2018
 
2018
Balance:
 
 
 
 
 
Commercial
$
7,994,191

 
$
7,828,538

 
$
7,060,871

Commercial real estate
6,973,505

 
6,933,252

 
6,633,520

Home equity
528,448

 
552,343

 
626,547

Residential real estate
1,053,524

 
1,002,464

 
869,104

Premium finance receivables—commercial
2,988,788

 
2,841,659

 
2,576,150

Premium finance receivables—life insurance
4,555,369

 
4,541,794

 
4,189,961

Consumer and other
120,804

 
120,641

 
105,981

Total loans, net of unearned income
$
24,214,629

 
$
23,820,691

 
$
22,062,134

Mix:
 
 
 
 
 
Commercial
33
%
 
33
%
 
32
%
Commercial real estate
29

 
29

 
30

Home equity
2

 
2

 
3

Residential real estate
4

 
4

 
4

Premium finance receivables—commercial
12

 
12

 
12

Premium finance receivables—life insurance
19

 
19

 
19

Consumer and other
1

 
1

 

Total loans, net of unearned income
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, 2019
 
December 31, 2018
 
(Dollars in thousands)
Unpaid
Principal
Balance
 
Carrying
Value
 
Unpaid
Principal
Balance
 
Carrying
Value
 
 
PCI loans
$
334,654

 
$
313,221

 
$
341,555

 
$
318,394

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,
2019
 
March 31,
2018
Accretable yield, beginning balance
$
34,876

 
$
36,565

Acquisitions

 

Accretable yield amortized to interest income
(3,829
)
 
(4,619
)
Reclassification from non-accretable difference (1)
1,574

 
1,556

Increases in interest cash flows due to payments and changes in interest rates
1,471

 
2,190

Accretable yield, ending balance
$
34,092

 
$
35,692


(1)
Reclassification is the result of subsequent increases in expected principal cash flows.