Loans and Leases (Tables)

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Summary of loan and lease balances and weighted average coupon rates for the originated and acquired portfolios

The following tables present loan and lease balances and weighted average coupon rates for the originated and acquired loan and lease portfolios at the dates indicated:

	At September 30, 2016
	Originated				Acquired				Total
	Balance		Weighted Average Coupon		Balance		Weighted Average Coupon		Balance		Weighted Average Coupon
	(Dollars in Thousands)
Commercial real estate loans:
Commercial real estate	$	1,880,163	3.94	%	$	158,314	4.19	%	$	2,038,477	3.96	%
Multi-family mortgage	673,108		3.77	%	30,635		4.52	%	703,743		3.81	%
Construction	140,990		3.72	%	218		3.67	%	141,208		3.72	%
Total commercial real estate loans	2,694,261		3.89	%	189,167		4.24	%	2,883,428		3.91	%
Commercial loans and leases:
Commercial	636,658		3.95	%	15,658		5.24	%	652,316		3.98	%
Equipment financing	758,086		7.06	%	6,561		5.87	%	764,647		7.05	%
Condominium association	53,903		4.41	%	—		—	%	53,903		4.41	%
Total commercial loans and leases	1,448,647		5.59	%	22,219		5.43	%	1,470,866		5.59	%
Indirect automobile loans	7,607		5.44	%	—		—	%	7,607		5.44	%
Consumer loans:
Residential mortgage	540,650		3.65	%	76,415		3.93	%	617,065		3.68	%
Home equity	282,504		3.42	%	58,450		4.15	%	340,954		3.54	%
Other consumer	12,254		5.15	%	126		17.85	%	12,380		5.28	%
Total consumer loans	835,408		3.59	%	134,991		4.04	%	970,399		3.65	%
Total loans and leases	$	4,985,923	4.34	%	$	346,377	4.24	%	$	5,332,300	4.33	%

	At December 31, 2015
	Originated				Acquired				Total
	Balance		Weighted Average Coupon		Balance		Weighted Average Coupon		Balance		Weighted Average Coupon
	(Dollars in Thousands)
Commercial real estate loans:
Commercial real estate	$	1,684,548	4.00	%	$	191,044	4.15	%	$	1,875,592	4.02	%
Multi-family mortgage	620,865		3.92	%	37,615		4.35	%	658,480		3.94	%
Construction	129,742		3.60	%	580		5.08	%	130,322		3.61	%
Total commercial real estate loans	2,435,155		3.96	%	229,239		4.19	%	2,664,394		3.98	%
Commercial loans and leases:
Commercial	576,599		3.90	%	15,932		5.65	%	592,531		3.95	%
Equipment financing	712,988		7.05	%	8,902		6.14	%	721,890		7.04	%
Condominium association	59,875		4.50	%	—		—	%	59,875		4.50	%
Total commercial loans and leases	1,349,462		5.59	%	24,834		5.83	%	1,374,296		5.59	%
Indirect automobile loans	13,678		5.53	%	—		—	%	13,678		5.53	%
Consumer loans:
Residential mortgage	527,846		3.64	%	88,603		3.85	%	616,449		3.67	%
Home equity	234,708		3.35	%	79,845		3.99	%	314,553		3.51	%
Other consumer	12,039		4.77	%	131		17.40	%	12,170		4.91	%
Total consumer loans	774,593		3.57	%	168,579		3.93	%	943,172		3.63	%
Total loans and leases	$	4,572,888	4.38	%	$	422,652	4.18	%	$	4,995,540	4.36	%

Schedule of activity in the accretable yield for acquired loan portfolio

The following table summarizes activity in the accretable yield for the acquired loan portfolio for the periods indicated:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
	(In Thousands)
Balance at beginning of period	$	18,038		$	28,730		$	20,796		$	32,044
Accretion	(1,479		)	(2,387		)	(3,914		)	(7,822		)
Reclassification from nonaccretable difference for loans with improved cash flows	1,129			1,242			2,419			3,045
Changes in expected cash flows that do not affect nonaccretable difference (1)	(1,506		)	(3,403		)	(3,119		)	(3,085		)
Balance at end of period	$	16,182		$	24,182		$	16,182		$	24,182

⁽¹⁾ Represents changes in interest cash flows due to changes in interest rates on variable rate loans.