Loans (Tables)

9 Months Ended

Sep. 30, 2020

The following table shows the Company’s loan portfolio by category as of the dates shown:



	September 30,			December 31,			September 30,
(Dollars in thousands)	2020			2019			2019
Balance:
Commercial	$	12,276,999		$	8,285,920		$	8,195,602
Commercial real estate	8,423,142			8,020,276			7,448,667
Home equity	446,274			513,066			512,303
Residential real estate	1,384,810			1,354,221			1,218,666
Premium finance receivables
Commercial insurance	4,060,144			3,442,027			3,449,950
Life insurance	5,488,832			5,074,602			4,795,496
Consumer and other	55,354			110,178			89,487
Total loans, net of unearned income	$	32,135,555		$	26,800,290		$	25,710,171
Mix:
Commercial	39		%	31		%	32		%
Commercial real estate	26			30			29
Home equity	1			2			2
Residential real estate	4			5			5
Premium finance receivables
Commercial insurance	13			13			13
Life insurance	17			19			19
Consumer and other	0			0			0
Total loans, net of unearned income	100		%	100		%	100		%

The following table presents the unpaid principal balance and carrying value for these acquired loans:

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



	Three Months Ended			Nine Months Ended
(In thousands)	September 30, 2019			September 30, 2019
Accretable yield, beginning balance	$	34,289		$	34,876
Acquisitions	—			1,874
Accretable yield amortized to interest income	(4,266		)	(12,179		)
Reclassification from non-accretable difference ⁽¹⁾	184			2,190
Increases in interest cash flows due to payments and changes in interest rates	1,164			4,610
Accretable yield, ending balance	$	31,371		$	31,371


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