ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

9 Months Ended

Sep. 30, 2017

Changes in Allowance for Loan and Lease Losses

The changes in the allowance for loan and lease losses were as follows:
	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
(In thousands)
Quarter ended September 30, 2017
Allowance for loan and lease losses:
Beginning balance	$	40,587	$	38,576	$	42,082	$	3,736	$	48,504	$	173,485
Charge-offs		(7,177)		(266)		(738)		(47)		(11,141)		(19,369)
Recoveries		321		43		114		16		1,247		1,741
Provision (release)		23,321		17,590		(1,079)		242		34,939		75,013
Ending balance	$	57,052	$	55,943	$	40,379	$	3,947	$	73,549	$	230,870
Ending balance: specific reserve for impaired loans	$	19,417	$	10,456	$	11,240	$	1,865	$	5,177	$	48,155
Ending balance: purchased credit-impaired loans (1)	$	9,863	$	372	$	-	$	-	$	-	$	10,235
Ending balance: general allowance	$	27,772	$	45,115	$	29,139	$	2,082	$	68,372	$	172,480
Loans held for investment:
Ending balance	$	3,274,340	$	1,601,638	$	2,144,236	$	129,460	$	1,727,540	$	8,877,214
Ending balance: impaired loans	$	425,835	$	153,875	$	110,939	$	50,373	$	38,237	$	779,259
Ending balance: purchased credit-impaired loans	$	153,609	$	4,185	$	-	$	-	$	-	$	157,794
Ending balance: loans with general allowance	$	2,694,896	$	1,443,578	$	2,033,297	$	79,087	$	1,689,303	$	7,940,161
	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
(In thousands)
Nine-Month Period Ended September 30, 2017
Allowance for loan and lease losses:
Beginning balance	$	33,980	$	57,261	$	61,953	$	2,562	$	49,847	$	205,603
Charge-offs		(22,369)		(32,123)		(19,168)		(705)		(33,386)		(107,751)
Recoveries		1,961		151		5,613		594		6,148		14,467
Provision (release)		43,480		30,654		(8,019)		1,496		50,940		118,551
Ending balance	$	57,052	$	55,943	$	40,379	$	3,947	$	73,549	$	230,870
Ending balance: specific reserve for impaired loans	$	19,417	$	10,456	$	11,240	$	1,865	$	5,177	$	48,155
Ending balance: purchased credit-impaired loans (1)	$	9,863	$	372	$	-	$	-	$	-	$	10,235
Ending balance: general allowance	$	27,772	$	45,115	$	29,139	$	2,082	$	68,372	$	172,480
Loans held for investment:
Ending balance	$	3,274,340	$	1,601,638	$	2,144,236	$	129,460	$	1,727,540	$	8,877,214
Ending balance: impaired loans	$	425,835	$	153,875	$	110,939	$	50,373	$	38,237	$	779,259
Ending balance: purchased credit-impaired loans	$	153,609	$	4,185	$	-	$	-	$	-	$	157,794
Ending balance: loans with general allowance	$	2,694,896	$	1,443,578	$	2,033,297	$	79,087	$	1,689,303	$	7,940,161

		Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
(In thousands)
Quarter ended September 30, 2016
Allowance for loan and lease losses:
Beginning balance		$	38,955	$	69,799	$	69,789	$	2,747	$	53,164	$	234,454
Charge-offs			(8,514)		(13,730)		(10,587)		(19)		(13,716)		(46,566)
Recoveries			972		335		929		140		2,303		4,679
Provision (release)			4,553		(152)		5,597		2,480		9,025		21,503
Ending balance		$	35,966	$	56,252	$	65,728	$	5,348	$	50,776	$	214,070
Ending balance: specific reserve for impaired loans		$	9,667	$	25,907	$	28,668	$	3,004	$	5,436	$	72,682
Ending balance: purchased credit-impaired loans (1)		$	6,638	$	219	$	-	$	-	$	-	$	6,857
Ending balance: general allowance		$	19,661	$	30,126	$	37,060	$	2,344	$	45,340	$	134,531
Loans held for investment:
Ending balance		$	3,299,942	$	1,545,014	$	2,167,011	$	124,298	$	1,727,389	$	8,863,654
Ending balance: impaired loans		$	444,039	$	198,500	$	178,174	$	47,707	$	44,434	$	912,854
Ending balance: purchased credit-impaired loans		$	165,014	$	3,127	$	-	$	-	$	-	$	168,141
Ending balance: loans with general allowance		$	2,690,889	$	1,343,387	$	1,988,837	$	76,591	$	1,682,955	$	7,782,659
		Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
(In thousands)
Nine-Month Period Ended September 30, 2016
Allowance for loan and lease losses:
Beginning balance		$	39,570	$	68,211	$	68,768	$	3,519	$	60,642	$	240,710
Charge-offs			(27,352)		(15,742)		(16,260)		(623)		(41,490)		(101,467)
Recoveries			2,159		414		1,885		301		6,526		11,285
Provision			21,589		3,369		11,335		2,151		25,098		63,542
Ending balance		$	35,966	$	56,252	$	65,728	$	5,348	$	50,776	$	214,070
Ending balance: specific reserve for impaired loans		$	9,667	$	25,907	$	28,668	$	3,004	$	5,436	$	72,682
Ending balance: purchased credit-impaired loans (1)		$	6,638	$	219	$	-	$	-	$	-	$	6,857
Ending balance: general allowance		$	19,661	$	30,126	$	37,060	$	2,344	$	45,340	$	134,531
Loans held for investment:
Ending balance		$	3,299,942	$	1,545,014	$	2,167,011	$	124,298	$	1,727,389	$	8,863,654
Ending balance: impaired loans		$	444,039	$	198,500	$	178,174	$	47,707	$	44,434	$	912,854
Ending balance: purchased credit-impaired loans		$	165,014	$	3,127	$	-	$	-	$	-	$	168,141
Ending balance: loans with general allowance		$	2,690,889	$	1,343,387	$	1,988,837	$	76,591	$	1,682,955	$	7,782,659
(1)	Refer to Note 7- "Loans Held For Investment-PCI Loans" for additional information about changes in the allowance for loan losses related to PCI loans.