Allowance for Loan and Lease Losses (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of changes in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment

The following tables present the changes in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment for the periods indicated:



	Three Months Ended September 30, 2016
	Commercial Real Estate			Commercial			Indirect Automobile			Consumer			Unallocated		Total
	(In Thousands)
Balance at June 30, 2016	$	29,861		$	22,916		$	183		$	4,298		$	—	$	57,258
Charge-offs	(50		)	(545		)	(109		)	(135		)	—		(839		)
Recoveries	—			170			102			47			—		319
(Credit) provision for loan and lease losses	(1,755		)	3,923			(26		)	12			—		2,154
Balance at September 30, 2016	$	28,056		$	26,464		$	150		$	4,222		$	—	$	58,892



	Three Months Ended September 30, 2015
	Commercial Real Estate		Commercial			Indirect Automobile			Consumer			Unallocated			Total
	(In Thousands)
Balance at June 30, 2015	$	29,216	$	20,229		$	381		$	4,012		$	2,560		$	56,398
Charge-offs	—		(1,388		)	(296		)	(247		)	—			(1,931		)
Recoveries	—		112			179			41			—			332
Provision (credit) for loan and lease losses	1,845		2,009			57			322			(2,560		)	1,673
Balance at September 30, 2015	$	31,061	$	20,962		$	321		$	4,128		$	—		$	56,472



	Nine Months Ended September 30, 2016
	Commercial Real Estate			Commercial			Indirect Automobile			Consumer			Unallocated		Total
	(In Thousands)
Balance at December 31, 2015	$	30,151		$	22,018		$	269		$	4,301		$	—	$	56,739
Charge-offs	(1,534		)	(3,250		)	(472		)	(782		)	—		(6,038		)
Recoveries	—			495			467			138			—		1,100
(Credit) provision for loan and lease losses	(561		)	7,201			(114		)	565			—		7,091
Balance at September 30, 2016	$	28,056		$	26,464		$	150		$	4,222		$	—	$	58,892



	Nine Months Ended September 30, 2015
	Commercial Real Estate			Commercial			Indirect Automobile			Consumer			Unallocated			Total
	(In Thousands)
Balance at December 31, 2014	$	29,594		$	15,957		$	2,331		$	3,359		$	2,418		$	53,659
Charge-offs	(550		)	(2,083		)	(1,513		)	(479		)	—			(4,625		)
Recoveries	—			418			1,170			83			—			1,671
Provision (credit) for loan and lease losses	2,017			6,670			(1,667		)	1,165			(2,418		)	5,767
Balance at September 30, 2015	$	31,061		$	20,962		$	321		$	4,128		$	—		$	56,472

Schedule of provisions for credit losses

The provision for credit losses are set forth below for the periods indicated:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
	(In Thousands)
Provision (credit) for loan and lease losses:
Commercial real estate	$	(1,755	)	$	1,845		$	(561	)	$	2,017
Commercial	3,923			2,009			7,201			6,670
Indirect automobile	(26		)	57			(114		)	(1,667		)
Consumer	12			322			565			1,165
Unallocated	—			(2,560		)	—			(2,418		)
Total provision for loan and lease losses	2,154			1,673			7,091			5,767
Unfunded credit commitments	61			82			47			164
Total provision for credit losses	$	2,215		$	1,755		$	7,138		$	5,931

Summary of the recorded investments in loans in each class (unpaid balance of loans and leases outstanding excluding deferred loan origination costs) by credit quality indicator

The following tables present the recorded investment in loans in each class at September 30, 2016 by credit quality indicator.



	At September 30, 2016
	Commercial Real Estate		Multi- Family Mortgage		Construction		Commercial		Equipment Financing		Condominium Association		Other Consumer
	(In Thousands)
Originated:
Loan rating:
Pass	$	1,874,534	$	671,690	$	140,802	$	604,282	$	750,322	$	53,903	$	12,219
OAEM	1,546		—		188		7,540		1,039		—		—
Substandard	3,457		1,418		—		24,692		5,989		—		35
Doubtful	626		—		—		144		736		—		—
Total originated	1,880,163		673,108		140,990		636,658		758,086		53,903		12,254

Acquired:
Loan rating:
Pass	147,218		29,913		218		11,203		6,553		—		126
OAEM	1,424		404		—		464		—		—		—
Substandard	9,570		318		—		3,018		—		—		—
Doubtful	102		—		—		973		8		—		—
Total acquired	158,314		30,635		218		15,658		6,561		—		126

Total loans	$	2,038,477	$	703,743	$	141,208	$	652,316	$	764,647	$	53,903	$	12,380

At September 30, 2016, there were no loans categorized as definite loss.



	At September 30, 2016
	Indirect Automobile
	($ In Thousands)
Originated:
Credit score:
Over 700	$	3,044	40.0	%
661-700	1,145		15.0	%
660 and below	3,391		44.6	%
Data not available	27		0.4	%
Total loans	$	7,607	100.0	%



	At September 30, 2016
	Residential Mortgage				Home Equity
	($ In Thousands)
Originated:
Loan-to-value ratio:
Less than 50%	$	126,290	20.5	%	$	153,001	44.9	%
50% - 69%	224,791		36.4	%	59,629		17.6	%
70% - 79%	166,363		26.9	%	45,455		13.3	%
80% and over	18,336		3.0	%	23,678		6.9	%
Data not available	4,870		0.8	%	741		0.2	%
Total originated	540,650		87.6	%	282,504		82.9	%

Acquired:
Loan-to-value ratio:
Less than 50%	17,034		2.7	%	36,541		10.7	%
50% - 69%	28,240		4.6	%	15,939		4.7	%
70% - 79%	15,165		2.5	%	3,459		1.0	%
80% and over	11,416		1.9	%	1,116		0.3	%
Data not available	4,560		0.7	%	1,395		0.4	%
Total acquired	76,415		12.4	%	58,450		17.1	%

Total loans and leases	$	617,065	100.0	%	$	340,954	100.0	%

The following tables present the recorded investment in loans in each class at December 31, 2015 by credit quality indicator.



	At December 31, 2015
	Commercial Real Estate		Multi- Family Mortgage		Construction		Commercial		Equipment Financing		Condominium Association		Other Consumer
	(In Thousands)
Originated:
Loan rating:
Pass	$	1,668,891	$	619,786	$	129,534	$	562,615	$	709,381	$	59,875	$	12,017
OAEM	12,781		788		208		9,976		804		—		—
Substandard	780		291		—		1,714		1,414		—		22
Doubtful	2,096		—		—		2,294		1,389		—		—
Total originated	1,684,548		620,865		129,742		576,599		712,988		59,875		12,039

Acquired:
Loan rating:
Pass	182,377		35,785		580		11,959		8,902		—		131
OAEM	1,202		612		—		902		—		—		—
Substandard	7,066		1,218		—		3,071		—		—		—
Doubtful	399		—		—		—		—		—		—
Total acquired	191,044		37,615		580		15,932		8,902		—		131

Total loans and leases	$	1,875,592	$	658,480	$	130,322	$	592,531	$	721,890	$	59,875	$	12,170

At December 31, 2015, there were no loans categorized as definite loss.



	At December 31, 2015
	Indirect Automobile
	($ In Thousands)
Originated:
Credit score:
Over 700	$	5,435	39.7	%
661-700	1,965		14.4	%
660 and below	6,217		45.5	%
Data not available	61		0.4	%
Total loans	$	13,678	100.0	%



	At December 31, 2015
	Residential Mortgage				Home Equity
	($ In Thousands)
Originated:
Loan-to-value ratio:
Less than 50%	$	118,628	19.2	%	$	131,584	41.8	%
50% - 69%	214,390		34.8	%	51,492		16.4	%
70% - 79%	173,774		28.2	%	32,916		10.5	%
80% and over	17,808		2.9	%	18,082		5.7	%
Data not available	3,246		0.5	%	634		0.2	%
Total originated	527,846		85.6	%	234,708		74.6	%

Acquired:
Loan-to-value ratio:
Less than 50%	18,857		3.1	%	48,563		15.4	%
50% - 69%	32,986		5.3	%	20,623		6.6	%
70% - 79%	17,883		2.9	%	7,144		2.3	%
80% and over	14,011		2.3	%	2,650		0.8	%
Data not available	4,866		0.8	%	865		0.3	%
Total acquired	88,603		14.4	%	79,845		25.4	%

Total loans	$	616,449	100.0	%	$	314,553	100.0	%

Information regarding troubled debt restructuring loans

The following table sets forth information regarding troubled debt restructured loans and leases at the dates indicated:



	At September 30, 2016		At December 31, 2015
	(In Thousands)
Troubled debt restructurings:
On accrual	$	16,303	$	17,953
On nonaccrual	15,715		4,965
Total troubled debt restructurings	$	32,018	$	22,918

The following table presents information regarding foreclosed residential real estate property at the dates indicated.



	September 30, 2016		December 31, 2015
	(In Thousands)
Foreclosed residential real estate property held by the creditor	$	—	$	362
Recorded investment in mortgage loans collateralized by residential real estate property that are in the process of foreclosure	1,400		298

Schedule of information regarding the aging of past due loans, by loans and leases class

The following tables present an age analysis of the recorded investment in total loans and leases at September 30, 2016 and December 31, 2015.



	At September 30, 2016
	Past Due												Loans and Leases Past
	31-60 Days		61-90 Days		Greater Than 90 Days		Total		Current		Total Loans and Leases		Due Greater Than 90 Days and Accruing		Nonaccrual Loans and Leases
	(In Thousands)
Originated:
Commercial real estate loans:
Commercial real estate	$	2,386	$	139	$	802	$	3,327	$	1,876,836	$	1,880,163	$	—	$	1,530
Multi-family mortgage	—		—		291		291		672,817		673,108		—		1,418
Construction	—		—		—		—		140,990		140,990		—
Total commercial real estate loans	2,386		139		1,093		3,618		2,690,643		2,694,261		—		2,948
Commercial loans and leases:
Commercial	1,998		301		9,476		11,775		624,883		636,658		—		21,950
Equipment financing	1,201		368		5,413		6,982		751,104		758,086		166		6,652
Condominium association	61		—		—		61		53,842		53,903		—		—
Total commercial loans and leases	3,260		669		14,889		18,818		1,429,829		1,448,647		166		28,602
Indirect automobile	501		184		62		747		6,860		7,607		—		179
Consumer loans:
Residential mortgage	1,131		—		178		1,309		539,341		540,650		—		1,533
Home equity	25		256		100		381		282,123		282,504		1		229
Other consumer	13		8		29		50		12,204		12,254		—		35
Total consumer loans	1,169		264		307		1,740		833,668		835,408		1		1,797
Total originated loans and leases	$	7,316	$	1,256	$	16,351	$	24,923	$	4,961,000	$	4,985,923	$	167	$	33,526



	At September 30, 2016
	Past Due												Loans and Leases Past
	31-60 Days		61-90 Days		Greater Than 90 Days		Total		Current		Total Loans and Leases		Due Greater Than 90 Days and Accruing		Nonaccrual Loans and Leases
	(In Thousands)
Acquired:
Commercial real estate loans:
Commercial real estate	$	431	$	148	$	4,047	$	4,626	$	153,688	$	158,314	$	3,974	$	158
Multi-family mortgage	—		—		—		—		30,635		30,635		—		—
Construction	—		—		—		—		218		218		—		—
Total commercial real estate loans	431		148		4,047		4,626		184,541		189,167		3,974		158
Commercial loans and leases:
Commercial	2		310		2,435		2,747		12,911		15,658		334		2,101
Equipment financing	8		—		—		8		6,553		6,561		—		—
Total commercial loans and leases	10		310		2,435		2,755		19,464		22,219		334		2,101
Consumer loans:
Residential mortgage	46		95		3,844		3,985		72,430		76,415		3,628		216
Home equity	864		175		671		1,710		56,740		58,450		172		1,551
Other consumer	—		—		—		—		126		126		—		—
Total consumer loans	910		270		4,515		5,695		129,296		134,991		3,800		1,767
Total acquired loans and leases	$	1,351	$	728	$	10,997	$	13,076	$	333,301	$	346,377	$	8,108	$	4,026

Total loans and leases	$	8,667	$	1,984	$	27,348	$	37,999	$	5,294,301	$	5,332,300	$	8,275	$	37,552



	At December 31, 2015
	Past Due												Loans and Leases Past
	31-60 Days		61-90 Days		Greater Than 90 Days		Total		Current		Total Loans and Leases		Due Greater Than 90 Days and Accruing		Nonaccrual Loans and Leases
	(In Thousands)
Originated:
Commercial real estate loans:
Commercial real estate	$	1,782	$	—	$	2,097	$	3,879	$	1,680,669	$	1,684,548	$	—	$	2,876
Multi-family mortgage	—		—		16		16		620,849		620,865		16		291
Construction	652		—		—		652		129,090		129,742		—		—
Total commercial real estate loans	2,434		—		2,113		4,547		2,430,608		2,435,155		16		3,167
Commercial loans and leases:
Commercial	4,578		1,007		2,368		7,953		568,646		576,599		24		3,586
Equipment financing	1,681		595		2,143		4,419		708,569		712,988		77		2,610
Condominium association	205		124		—		329		59,546		59,875		—		—
Total commercial loans and leases	6,464		1,726		4,511		12,701		1,336,761		1,349,462		101		6,196
Indirect automobile	1,058		335		106		1,499		12,179		13,678		—		675
Consumer loans:
Residential mortgage	1,384		—		229		1,613		526,233		527,846		—		1,873
Home equity	390		237		9		636		234,072		234,708		—		319
Other consumer	19		2		25		46		11,993		12,039		—		29
Total consumer loans	1,793		239		263		2,295		772,298		774,593		—		2,221
Total originated loans and leases	$	11,749	$	2,300	$	6,993	$	21,042	$	4,551,846	$	4,572,888	$	117	$	12,259



	At December 31, 2015
	Past Due												Loans and Leases Past
	31-60 Days		61-90 Days		Greater Than 90 Days		Total		Current		Total Loans and Leases		Due Greater Than 90 Days and Accruing		Nonaccrual Loans and Leases
	(In Thousands)
Acquired:
Commercial real estate loans:
Commercial real estate	$	1,336	$	369	$	7,588	$	9,293	$	181,751	$	191,044	$	4,982	$	2,606
Multi-family mortgage	—		—		1,077		1,077		36,538		37,615		1,077		—
Construction	—		—		—		—		580		580		—		—
Total commercial real estate loans	1,336		369		8,665		10,370		218,869		229,239		6,059		2,606
Commercial loans and leases:
Commercial	351		23		2,967		3,341		12,591		15,932		325		2,678
Equipment financing	—		—		—		—		8,902		8,902		—		—
Total commercial loans and leases	351		23		2,967		3,341		21,493		24,834		325		2,678
Consumer loans:
Residential mortgage	326		216		2,399		2,941		85,662		88,603		2,047		352
Home equity	1,012		386		460		1,858		77,987		79,845		142		1,438
Other consumer	—		—		—		—		131		131		—		—
Total consumer loans	1,338		602		2,859		4,799		163,780		168,579		2,189		1,790
Total acquired loans and leases	$	3,025	$	994	$	14,491	$	18,510	$	404,142	$	422,652	$	8,573	$	7,074

Total loan and leases	$	14,774	$	3,294	$	21,484	$	39,552	$	4,955,988	$	4,995,540	$	8,690	$	19,333

Schedule of impaired loans and leases, by loans and leases class

The following tables include the recorded investment and unpaid principal balances of impaired loans and leases with the related allowance amount, if applicable, for the originated and acquired loan and lease portfolios at the dates indicated. Also presented are the average recorded investments in the impaired loans and leases and the related amount of interest recognized during the period that the impaired loans were impaired.



	At September 30, 2016						At December 31, 2015
	Recorded Investment ₍₁₎		Unpaid Principal Balance		Related Allowance		Recorded Investment ₍₂₎		Unpaid Principal Balance		Related Allowance
	(In Thousands)
Originated:
With no related allowance recorded:
Commercial real estate	$	6,608	$	6,604	$	—	$	2,758	$	2,756	$	—
Commercial	21,338		21,311		—		14,097		14,074		—
Consumer	3,461		3,456		—		4,582		4,575		—
Total originated with no related allowance recorded	31,407		31,371		—		21,437		21,405		—
With an allowance recorded:
Commercial real estate	4,543		4,542		153		6,150		6,150		2,167
Commercial	14,317		14,298		5,580		2,215		2,213		1,202
Consumer	248		246		98		—		—		—
Total originated with an allowance recorded	19,108		19,086		5,831		8,365		8,363		3,369
Total originated impaired loans and leases	50,515		50,457		5,831		29,802		29,768		3,369

Acquired:
With no related allowance recorded:
Commercial real estate	9,851		9,851		—		7,035		7,035		—
Commercial	3,886		3,886		—		4,053		4,052		—
Consumer	8,422		8,437		—		7,549		7,565		—
Total acquired with no related allowance recorded	22,159		22,174		—		18,637		18,652		—
With an allowance recorded:
Commercial real estate	—		—		—		2,606		2,606		148
Commercial	486		486		410		486		486		112
Consumer	425		425		29		174		174		9
Total acquired with an allowance recorded	911		911		439		3,266		3,266		269
Total acquired impaired loans and leases	23,070		23,085		439		21,903		21,918		269

Total impaired loans and leases	$	73,585	$	73,542	$	6,270	$	51,705	$	51,686	$	3,638

⁽¹⁾Includes originated and acquired nonaccrual loans of $29.7 million and $4.0 million, respectively, at September 30, 2016.

⁽²⁾Includes originated and acquired nonaccrual loans of $9.3 million and $7.1 million, respectively, at December 31, 2015.



	Three Months Ended
	September 30, 2016				September 30, 2015
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
	(In Thousands)
Originated:
With no related allowance recorded:
Commercial real estate	$	6,636	$	49	$	3,077	$	21
Commercial	21,474		147		15,112		171
Consumer	3,480		18		4,421		15
Total originated with no related allowance recorded	31,590		214		22,610		207
With an allowance recorded:
Commercial real estate	4,549		48		6,172		49
Commercial	14,390		3		7,700		2
Consumer	248		—		—		—
Total originated with an allowance recorded	19,187		51		13,872		51
Total originated impaired loans and leases	50,777		265		36,482		258

Acquired:
With no related allowance recorded:
Commercial real estate	9,952		67		10,813		39
Commercial	4,127		29		4,113		16
Consumer	8,475		16		8,094		19
Total acquired with no related allowance recorded	22,554		112		23,020		74
With an allowance recorded:
Commercial real estate	—		—		—		—
Commercial	486		—		596		—
Consumer	423		2		93		1
Total acquired with an allowance recorded	909		2		689		1
Total acquired impaired loans and leases	23,463		114		23,709		75

Total impaired loans and leases	$	74,240	$	379	$	60,191	$	333




	Nine Months Ended
	September 30, 2016				September 30, 2015
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
	(In Thousands)
Originated:
With no related allowance recorded:
Commercial real estate	$	5,655	$	119	$	4,403	$	65
Commercial	16,602		412		15,095		474
Consumer	3,865		55		4,156		45
Total originated with no related allowance recorded	26,122		586		23,654		584
With an allowance recorded:
Commercial real estate	4,957		146		4,791		148
Commercial	13,017		5		6,687		8
Consumer	165		—		112		—
Total originated with an allowance recorded	18,139		151		11,590		156
Total originated impaired loans and leases	44,261		737		35,244		740

Acquired:
With no related allowance recorded:
Commercial real estate	8,341		126		9,912		114
Commercial	4,254		66		4,516		48
Consumer	7,795		51		7,927		48
Total acquired with no related allowance recorded	20,390		243		22,355		210
With an allowance recorded:
Commercial real estate	1,458		—		81		—
Commercial	486		—		689		—
Consumer	490		6		274		6
Total acquired with an allowance recorded	2,434		6		1,044		6
Total acquired impaired loans and leases	22,824		249		23,399		216

Total impaired loans and leases	$	67,085	$	986	$	58,643	$	956

Schedule of the impaired and non-impaired loans and leases, by loan and leases class

The following tables present information regarding impaired and non-impaired loans and leases at the dates indicated:



	At September 30, 2016
	Commercial Real Estate		Commercial		Indirect Automobile		Consumer		Total
	(In Thousands)
Allowance for Loan and Lease Losses:
Originated:
Individually evaluated for impairment	$	153	$	5,580	$	—	$	98	$	5,831
Collectively evaluated for impairment	26,978		20,365		150		3,928		51,421
Total originated loans and leases	27,131		25,945		150		4,026		57,252

Acquired:
Individually evaluated for impairment	—		410		—		29		439
Collectively evaluated for impairment	260		19		—		40		319
Acquired with deteriorated credit quality	665		90		—		127		882
Total acquired loans and leases	925		519		—		196		1,640

Total allowance for loan and lease losses	$	28,056	$	26,464	$	150	$	4,222	$	58,892

Loans and Leases:
Originated:
Individually evaluated for impairment	$	11,151	$	35,185	$	—	$	3,610	$	49,946
Collectively evaluated for impairment	2,683,110		1,413,462		7,607		831,798		4,935,977
Total originated loans and leases	2,694,261		1,448,647		7,607		835,408		4,985,923

Acquired:
Individually evaluated for impairment	546		3,454		—		2,865		6,865
Collectively evaluated for impairment	51,933		11,860		—		78,531		142,324
Acquired with deteriorated credit quality	136,688		6,905		—		53,595		197,188
Total acquired loans and leases	189,167		22,219		—		134,991		346,377

Total loans and leases	$	2,883,428	$	1,470,866	$	7,607	$	970,399	$	5,332,300



	At December 31, 2015
	Commercial Real Estate		Commercial		Indirect Automobile		Consumer		Total
	(In Thousands)
Allowance for Loan and Lease Losses:
Originated:
Individually evaluated for impairment	$	2,167	$	1,202	$	—	$	—	$	3,369
Collectively evaluated for impairment	26,857		20,545		269		3,947		51,618
Total originated loans and leases	29,024		21,747		269		3,947		54,987

Acquired:
Individually evaluated for impairment	148		112		—		9		269
Collectively evaluated for impairment	333		71		—		45		449
Acquired with deteriorated credit quality	646		88		—		300		1,034
Total acquired loans and leases	1,127		271		—		354		1,752

Total allowance for loan and lease losses	$	30,151	$	22,018	$	269	$	4,301	$	56,739

Loans and Leases:
Originated:
Individually evaluated for impairment	$	8,907	$	15,806	$	—	$	4,471	$	29,184
Collectively evaluated for impairment	2,426,248		1,333,656		13,678		770,122		4,543,704
Total originated loans and leases	2,435,155		1,349,462		13,678		774,593		4,572,888

Acquired:
Individually evaluated for impairment	3,188		4,090		—		2,606		9,884
Collectively evaluated for impairment	63,857		12,081		—		105,146		181,084
Acquired with deteriorated credit quality	162,194		8,663		—		60,827		231,684
Total acquired loans and leases	229,239		24,834		—		168,579		422,652

Total loans and leases	$	2,664,394	$	1,374,296	$	13,678	$	943,172	$	4,995,540

Summary of investment in troubled debt restructurings, and the associated specific allowances for loan and lease losses

The recorded investment in troubled debt restructurings and the associated specific allowances for loan and lease losses, in the originated and acquired loan and lease portfolios, are as follows for the periods indicated.



	At and for the Three Months Ended September 30, 2016
	Recorded Investment					Specific				Defaulted⁽¹⁾
	Number of Loans/ Leases	At Modification		At End of Period		Allowance for Loan and Lease Losses		Nonaccrual Loans and Leases		Additional Commitment		Number of Loans/ Leases	Recorded Investment
	(Dollars in Thousands)
Originated:
Commercial	2	$	812	$	812	$	220	$	473	$	—	1	$	348
Equipment financing	1	433		433		—		433		—		2	353
Total Originated	3	1,245		1,245		220		906		—		3	701

Acquired:
Home equity	4	323		323		20		146		—		—	—
Total Acquired	4	323		323		20		146		—		—	—

Total	7	$	1,568	$	1,568	$	240	$	1,052	$	—	3	$	701

(1) Includes loans and leases that have been modified within the past twelve months and subsequently had payment defaults during the period indicated.



	At and for the Three Months Ended September 30, 2015
	Recorded Investment					Specific				Defaulted⁽¹⁾
	Number of Loans/ Leases	At Modification		At End of Period		Allowance for Loan and Lease Losses		Nonaccrual Loans and Leases		Additional Commitment		Number of Loans/ Leases	Recorded Investment
	(Dollars in Thousands)
Originated:
Commercial	7	$	5,600	$	5,197	$	119	$	239	$	—	—	$	—
Equipment financing	4	318		305		—		—		—		—	—
Residential mortgage	1	152		153		—		153		—		—	—
Home equity	2	$	273	$	274			$	101
Total Originated	14	6,343		5,929		119		493		—		—	—

Acquired:
Commercial	2	379		372		—		—		—		1	399
Home equity	1	175		174				—		—		—	—
Total Acquired	3	554		546		—		—		—		1	399

Total	17	$	6,897	$	6,475	$	119	$	493	$	—	1	$	399

(1) Includes loans and leases that have been modified within the past twelve months and subsequently had payment defaults during the period indicated.




	At and for the Nine Months Ended September 30, 2016
	Recorded Investment					Specific				Defaulted
	Number of Loans/ Leases	At Modification		At End of Period		Allowance for Loan and Lease Losses		Nonaccrual Loans and Leases		Additional Commitment		Number of Loans/ Leases	Recorded Investment
	(Dollars in Thousands)
Originated:
Commercial real estate	2	$	1,155	$	1,127	$	—	$	1,127	$	—	—	$	—
Commercial	22	9,701		9,504		3,478		9,136		—		2	376
Equipment financing	3	797		786		—		786		—		2	353
Total Originated	27	11,653		11,417		3,478		11,049		—		4	729

Acquired:
Commercial	—	—		—		—		—		—		2	696
Home equity	5	374		372		20		146		—		—	—
Total Acquired	5	374		372		20		146		—		2	696

Total	32	$	12,027	$	11,789	$	3,498	$	11,195	$	—	6	$	1,425




	At and for the Nine Months Ended September 30, 2015
	Recorded Investment					Specific				Defaulted
	Number of Loans/ Leases	At Modification		At End of Period		Allowance for Loan and Lease Losses		Nonaccrual Loans and Leases		Additional Commitment		Number of Loans/ Leases	Recorded Investment
	(Dollars in Thousands)
Originated:
Commercial	8	$	5,735	$	5,429	$	119	$	239	$	—	—	$	—
Equipment financing	5	430		403		—		—		—		—	—
Residential mortgage	1	152		153		—		153		—		—	—
Home Equity	2	273		274				101
Total Originated	16	6,590		6,259		119		493		—		—	—

Acquired:
Commercial	4	642		634		—		12		—		1	399
Home Equity	2	200		197		—		23		—		—	—
Total Acquired	6	842		831		—		35		—		1	399

Total	22	$	7,432	$	7,090	$	119	$	528	$	—	1	$	399

Schedule of troubled debt restructurings by type of modification

The following table sets forth the Company’s balances of troubled debt restructurings that were modified for the periods indicated, by type of modification.



	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
	(In Thousands)
Loans with one modification:
Extended maturity	$	528	$	1,632	$	604	$	2,137
Adjusted principal	—		—		410		—
Interest only	—		1,335		2,346		1,335
Combination maturity, principal, interest rate	1,040		906		8,201		1,004
Total loans with one modification	1,568		3,873		11,561		4,476

Loans with more than one modification:
Extended maturity	—		2,602		228		2,603
Combination maturity, principal, interest rate	—		—		—		11
Total loans with more than one modification	—		2,602		228		2,614

Total loans with modifications	$	1,568	$	6,475	$	11,789	$	7,090