Loans (Tables)

6 Months Ended

Jun. 30, 2020

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)	2020			2019			2019
Balance:
Commercial	$	11,859,232		$	8,285,920		$	8,270,774
Commercial real estate	8,200,745			8,020,276			7,276,244
Home equity	466,596			513,066			527,370
Residential real estate	1,427,429			1,354,221			1,118,178
Premium finance receivables
Commercial insurance	3,999,774			3,442,027			3,368,423
Life insurance	5,400,802			5,074,602			4,634,478
Consumer and other	48,325			110,178			109,192
Total loans, net of unearned income	$	31,402,903		$	26,800,290		$	25,304,659
Mix:
Commercial	38		%	31		%	33		%
Commercial real estate	26			30			29
Home equity	1			2			2
Residential real estate	5			5			4
Premium finance receivables
Commercial insurance	13			13			13
Life insurance	17			19			18
Consumer and other	0			0			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:

	December 31, 2019
(In thousands)	Unpaid Principal Balance		Carrying Value
PCI loans	$	455,784	$	425,372

Activity Related to Accretable Yield of PCI Loans

The following table provides activity for the accretable yield of PCI loans as of June 30, 2019:

	Three Months Ended			Six Months Ended
(In thousands)	June 30, 2019			June 30, 2019
Accretable yield, beginning balance	$	34,092		$	34,876
Acquisitions	1,874			1,874
Accretable yield amortized to interest income	(4,084		)	(7,913		)
Reclassification from non-accretable difference (1)	432			2,006
Increases in interest cash flows due to payments and changes in interest rates	1,975			3,446
Accretable yield, ending balance	$	34,289		$	34,289

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