LOANS AND LEASES AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

9 Months Ended

Sep. 30, 2016

The following table presents the balances in the Company’s loans and leases portfolio as of the dates indicated:



	Non-Traditional Mortgages (NTM)		Traditional Loans		Total NTM and Traditional Loans		PCI Loans		Total Loans and Leases Receivable
	($ in thousands)
September 30, 2016
Commercial:
Commercial and industrial	$	—	$	1,526,245	$	1,526,245	$	4,796	$	1,531,041
Commercial real estate	—		719,420		719,420		2,418		721,838
Multi-family	—		1,199,207		1,199,207		—		1,199,207
SBA	—		64,977		64,977		2,760		67,737
Construction	—		99,086		99,086		—		99,086
Lease financing	—		234,540		234,540		—		234,540
Consumer:
Single family residential mortgage	789,926		1,081,608		1,871,534		632,393		2,503,927
Green Loans (HELOC) - first liens	97,448		—		97,448		—		97,448
Green Loans (HELOC) - second liens	3,709		—		3,709		—		3,709
Other consumer	—		110,258		110,258		—		110,258
Total loans and leases	$	891,083	$	5,035,341	$	5,926,424	$	642,367	$	6,568,791
Allowance for loan and lease losses									(40,233		)
Loans and leases receivable, net									$	6,528,558
December 31, 2015
Commercial:
Commercial and industrial	$	—	$	876,146	$	876,146	$	853	$	876,999
Commercial real estate	—		718,108		718,108		9,599		727,707
Multi-family	—		904,300		904,300		—		904,300
SBA	—		54,657		54,657		3,049		57,706
Construction	—		55,289		55,289		—		55,289
Lease financing	—		192,424		192,424		—		192,424
Consumer:
Single family residential mortgage	675,960		775,263		1,451,223		699,230		2,150,453
Green Loans (HELOC) - first liens	105,131		—		105,131		—		105,131
Green Loans (HELOC) - second liens	4,704		—		4,704		—		4,704
Other consumer	113		109,568		109,681		—		109,681
Total loans and leases	$	785,908	$	3,685,755	$	4,471,663	$	712,731	$	5,184,394
Allowance for loan and lease losses									(35,533		)
Loans and leases receivable, net									$	5,148,861

Non Traditional Mortgages Portfolio

The following table presents the composition of the NTM portfolio as of the dates indicated:



	September 30, 2016						December 31, 2015
	Count	Amount			Percent		Count	Amount			Percent
	($ in thousands)
Green Loans (HELOC) - first liens	112	$	97,448		10.9	%	121	$	105,131		13.4	%
Interest-only - first liens	550	780,069			87.6	%	521	664,358			84.4	%
Negative amortization	22	9,857			1.1	%	30	11,602			1.5	%
Total NTM - first liens	684	887,374			99.6	%	672	781,091			99.3	%
Green Loans (HELOC) - second liens	13	3,709			0.4	%	16	4,704			0.6	%
Interest-only - second liens	—	—			—	%	1	113			0.1	%
Total NTM - second liens	13	3,709			0.4	%	17	4,817			0.7	%
Total NTM loans	697	$	891,083		100.0	%	689	$	785,908		100.0	%
Total loans and leases		$	6,568,791					$	5,184,394
% of NTM to total loans and leases		13.6		%				15.2		%

Risk Categories for Loans and Leases

The following table presents the Company’s NTM Green Loans first lien portfolio at September 30, 2016 by FICO scores that were obtained during the quarter ended September 30, 2016, comparing to the FICO scores for those same loans that were obtained during the quarter ended December 31, 2015:



	September 30, 2016
	By FICO Scores Obtained During the Quarter Ended September 30, 2016					By FICO Scores Obtained During the Quarter Ended December 31, 2015					Change
	Count	Amount		Percent		Count	Amount		Percent		Count		Amount			Percent
	($ in thousands)
FICO Score
800+	17	$	11,070	11.4	%	21	$	14,041	14.4	%	(4	)	$	(2,971	)	(3.0	)%
700-799	58	38,137		39.2	%	56	44,924		46.1	%	2		(6,787		)	(6.9	)%
600-699	30	33,560		34.4	%	21	21,032		21.6	%	9		12,528			12.8	%
<600	2	2,257		2.3	%	5	4,036		4.1	%	(3	)	(1,779		)	(1.8	)%
No FICO	5	12,424		12.7	%	9	13,415		13.8	%	(4	)	(991		)	(1.1	)%
Totals	112	$	97,448	100.0	%	112	$	97,448	100.0	%	—		$	—		—	%

The table below presents the Company’s SFR NTM first lien portfolio by LTV ratios as of the dates indicated:



	Green					Interest Only					Negative Amortization					Total
	Count	Amount		Percent		Count	Amount		Percent		Count	Amount		Percent		Count	Amount		Percent
	($ in thousands)
September 30, 2016
< 61%	45	$	39,237	40.3	%	193	$	332,619	42.6	%	13	$	5,785	58.7	%	251	$	377,641	42.6	%
61-80%	52	47,442		48.6	%	298	415,283		53.3	%	9	4,072		41.3	%	359	466,797		52.5	%
81-100%	15	10,769		11.1	%	29	21,009		2.7	%	—	—		—	%	44	31,778		3.6	%
> 100%	—	—		—	%	30	11,158		1.4	%	—	—		—	%	30	11,158		1.3	%
Total	112	$	97,448	100.0	%	550	$	780,069	100.0	%	22	$	9,857	100.0	%	684	$	887,374	100.0	%
December 31, 2015
< 61%	70	$	51,221	48.7	%	141	$	208,120	31.3	%	17	$	5,271	45.4	%	228	$	264,612	33.9	%
61-80%	33	42,075		40.0	%	291	408,662		61.6	%	12	6,106		52.7	%	336	456,843		58.4	%
81-100%	12	6,836		6.5	%	37	30,167		4.5	%	1	225		1.9	%	50	37,228		4.8	%
> 100%	6	4,999		4.8	%	52	17,409		2.6	%	—	—		—	%	58	22,408		2.9	%
Total	121	$	105,131	100.0	%	521	$	664,358	100.0	%	30	$	11,602	100.0	%	672	$	781,091	100.0	%

The following table presents the risk categories for total loans and leases as of September 30, 2016:



	September 30, 2016
	Pass		Special Mention		Substandard		Doubtful		Not-Rated		Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	785,419	$	1,806	$	2,701	$	—	$	—	$	789,926
Green Loans (HELOC) - first liens	86,749		2,010		8,689		—		—		97,448
Green Loans (HELOC) - second liens	3,709		—		—		—		—		3,709
Other consumer	—		—		—		—		—		—
Total NTM loans	875,877		3,816		11,390		—		—		891,083
Traditional loans and leases:
Commercial:
Commercial and industrial	1,514,194		852		11,118		81		—		1,526,245
Commercial real estate	714,884		1,791		2,745		—		—		719,420
Multi-family	1,199,207		—		—		—		—		1,199,207
SBA	64,596		—		381		—		—		64,977
Construction	97,557		1,529		—		—		—		99,086
Lease financing	232,186		—		2,354		—		—		234,540
Consumer:
Single family residential mortgage	1,059,199		4,855		17,554		—		—		1,081,608
Other consumer	108,976		49		1,233		—		—		110,258
Total traditional loans and leases	4,990,799		9,076		35,385		81		—		5,035,341
PCI loans:
Commercial:
Commercial and industrial	13		4,052		731		—		—		4,796
Commercial real estate	703		509		1,206		—		—		2,418
SBA	1,290		—		1,470		—		—		2,760
Consumer:
Single family residential mortgage	—		—		127		—		632,266		632,393
Total PCI loans	2,006		4,561		3,534		—		632,266		642,367
Total	$	5,868,682	$	17,453	$	50,309	$	81	$	632,266	$	6,568,791

The following table presents the risk categories for total loans and leases as of December 31, 2015:



	December 31, 2015
	Pass		Special Mention		Substandard		Doubtful		Not-Rated		Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	660,683	$	11,731	$	3,546	$	—	$	—	$	675,960
Green Loans (HELOC) - first liens	87,967		2,329		14,835		—		—		105,131
Green Loans (HELOC) - second liens	4,704		—		—		—		—		4,704
Other consumer	113		—		—		—		—		113
Total NTM loans	753,467		14,060		18,381		—		—		785,908
Traditional loans and leases:
Commercial:
Commercial and industrial	860,993		3,175		11,978		—		—		876,146
Commercial real estate	707,238		4,788		6,082		—		—		718,108
Multi-family	901,578		403		2,319		—		—		904,300
SBA	53,078		1,132		447		—		—		54,657
Construction	55,289		—		—		—		—		55,289
Lease financing	190,976		—		1,448		—		—		192,424
Consumer:
Single family residential mortgage	738,196		12,301		24,766		—		—		775,263
Other consumer	109,206		148		214		—		—		109,568
Total traditional loans and leases	3,616,554		21,947		47,254		—		—		3,685,755
PCI loans:
Commercial:
Commercial and industrial	54		—		799		—		—		853
Commercial real estate	5,621		523		3,455		—		—		9,599
SBA	988		—		2,061		—		—		3,049
Consumer:
Single family residential mortgage	—		—		139		—		699,091		699,230
Total PCI loans	6,663		523		6,454		—		699,091		712,731
Total	$	4,376,684	$	36,530	$	72,089	$	—	$	699,091	$	5,184,394

Allowance for Loan and Lease Losses and Recorded Investment, Excluding Accrued Interest, in Loans

The following table presents a summary of activity in the ALLL for the periods indicated:



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In thousands)
Balance at beginning of period	$	37,483		$	34,787		$	35,533		$	29,480
Loans and leases charged off	(393		)	(788		)	(1,267		)	(1,224		)
Recoveries of loans and leases previously charged off	551			40			1,285			309
Provision for loan and lease losses	2,592			735			4,682			6,209
Balance at end of period	$	40,233		$	34,774		$	40,233		$	34,774

The following table presents the activity and balance in the ALLL and the recorded investment, excluding accrued interest, in loans and leases based on the impairment methodology as of or for the three and nine months ended September 30, 2016:



	Commercial and Industrial			Commercial Real Estate		Multi- family		SBA			Construction		Lease Financing			Single Family Residential Mortgage			Other Consumer			Unallocated		Total
	(In thousands)
ALLL:
Balance at June 30, 2016	$	8,004		$	3,554	$	6,914	$	697		$	1,677	$	2,540		$	13,143		$	954		$	—	$	37,483
Charge-offs	—			—		—		—			—		(393		)	—			—			—		(393		)
Recoveries	224			—		—		67			—		98			157			5			—		551
Provision	(2		)	1,472		1,795		144			40		722			(1,573		)	(6		)	—		2,592
Balance at September 30, 2016	$	8,226		$	5,026	$	8,709	$	908		$	1,717	$	2,967		$	11,727		$	953		$	—	$	40,233
Balance at December 31, 2015	$	5,850		$	4,252	$	6,012	$	683		$	1,530	$	2,195		$	13,854		$	1,157		$	—	$	35,533
Charge-offs	(137		)	—		—		—			—		(974		)	(149		)	(7		)	—		(1,267		)
Recoveries	224			371		—		343			—		183			157			7			—		1,285
Provision	2,289			403		2,697		(118		)	187		1,563			(2,135		)	(204		)	—		4,682
Balance at September 30, 2016	$	8,226		$	5,026	$	8,709	$	908		$	1,717	$	2,967		$	11,727		$	953		$	—	$	40,233
Individually evaluated for impairment	$	—		$	—	$	—	$	—		$	—	$	—		$	665		$	—		$	—	$	665
Collectively evaluated for impairment	8,169			5,015		8,709		889			1,717		2,967			11,045			953			—		39,464
Acquired with deteriorated credit quality	57			11		—		19			—		—			17			—			—		104
Total ending ALLL balance	$	8,226		$	5,026	$	8,709	$	908		$	1,717	$	2,967		$	11,727		$	953		$	—	$	40,233
Loans:
Individually evaluated for impairment	$	3,397		$	—	$	—	$	—		$	—	$	—		$	28,593		$	294		$	—	$	32,284
Collectively evaluated for impairment	1,522,848			719,420		1,199,207		64,977			99,086		234,540			1,940,389			113,673			—		5,894,140
Acquired with deteriorated credit quality	4,796			2,418		—		2,760			—		—			632,393			—			—		642,367
Total ending loan balances	$	1,531,041		$	721,838	$	1,199,207	$	67,737		$	99,086	$	234,540		$	2,601,375		$	113,967		$	—	$	6,568,791



	Commercial and Industrial			Commercial Real Estate			Multi- family			SBA			Construction		Lease Financing			Single Family Residential Mortgage		Other Consumer			Unallocated			Total
	(In thousands)
ALLL:
Balance at June 30, 2015	$	6,884		$	4,445		$	3,680		$	674		$	579	$	1,646		$	12,950	$	1,686		$	2,243		$	34,787
Charge-offs	—			—			—			(29		)	—		(759		)	—		—			—			(788		)
Recoveries	—			—			—			40			—		—			—		—			—			40
Provision	(904		)	(526		)	2,030			(70		)	612		1,196			1,051		(411		)	(2,243		)	735
Balance at September 30, 2015	$	5,980		$	3,919		$	5,710		$	615		$	1,191	$	2,083		$	14,001	$	1,275		$	—		$	34,774
Balance at December 31, 2014	$	6,910		$	3,840		$	7,179		$	335		$	846	$	873		$	7,192	$	2,305		$	—		$	29,480
Charge-offs	(33		)	(259		)	—			(84		)	—		(848		)	—		—			—			(1,224		)
Recoveries	8			132			3			153			—		—			—		13			—			309
Provision	(905		)	206			(1,472		)	211			345		2,058			6,809		(1,043		)	—			6,209
Balance at September 30, 2015	$	5,980		$	3,919		$	5,710		$	615		$	1,191	$	2,083		$	14,001	$	1,275		$	—		$	34,774
Individually evaluated for impairment	$	76		$	—		$	—		$	—		$	—	$	—		$	436	$	—		$	—		$	512
Collectively evaluated for impairment	5,846			3,807			5,710			596			1,191		2,083			13,548		1,275			—			34,056
Acquired with deteriorated credit quality	58			112			—			19			—		—			17		—			—			206
Total ending ALLL balance	$	5,980		$	3,919		$	5,710		$	615		$	1,191	$	2,083		$	14,001	$	1,275		$	—		$	34,774
Loans:
Individually evaluated for impairment	$	5,980		$	333		$	—		$	8		$	—	$	—		$	25,837	$	554		$	—		$	32,712
Collectively evaluated for impairment	816,254			680,039			823,415			49,854			39,475		162,504			1,629,125		124,142			—			4,324,808
Acquired with deteriorated credit quality	456			10,490			—			3,123			—		—			358,488		—			—			372,557
Total ending loan balances	$	822,690		$	690,862		$	823,415		$	52,985		$	39,475	$	162,504		$	2,013,450	$	124,696		$	—		$	4,730,077

Loans and Leases Individually Evaluated for Impairment by Class of Loans and Leases

The following table presents loans and leases individually evaluated for impairment by class of loans and leases as of the dates indicated. The recorded investment, excluding accrued interest, presents customer balances net of any partial charge-offs recognized on the loans and leases and net of any deferred fees and costs and any purchase premium or discount.



	September 30, 2016						December 31, 2015
	Unpaid Principal Balance		Recorded Investment		ALLL		Unpaid Principal Balance		Recorded Investment		ALLL
	(In thousands)
With no related ALLL recorded:
Commercial:
Commercial and industrial	$	3,416	$	3,397	$	—	$	6,244	$	6,086	$	—
Commercial real estate	—		—		—		1,200		312		—
SBA	—		—		—		22		3		—
Consumer:
Single family residential mortgage	23,367		23,253		—		24,224		22,671		—
Other consumer	294		294		—		553		553		—
With an ALLL recorded:
Commercial:
Commercial and industrial	—		—		—		1,072		1,073		38
Consumer:
Single family residential mortgage	5,652		5,340		665		3,575		3,585		331
Total	$	32,729	$	32,284	$	665	$	36,890	$	34,283	$	369

The following table presents information on impaired loans and leases, disaggregated by class, for the periods indicated:



	Three Months Ended						Nine Months Ended
	Average Recorded Investment		Interest Income Recognized		Cash Basis Interest Recognized		Average Recorded Investment		Interest Income Recognized		Cash Basis Interest Recognized
	(In thousands)
September 30, 2016
Commercial:
Commercial and industrial	$	3,434	$	65	$	65	$	3,843	$	183	$	208
Commercial real estate	—		—		—		197		24		24
Consumer:
Single family residential mortgage	28,678		213		221		32,655		808		784
Other consumer	294		2		1		294		6		6
Total	$	32,406	$	280	$	287	$	36,989	$	1,021	$	1,022
September 30, 2015
Commercial:
Commercial and industrial	$	6,379	$	60	$	64	$	6,592	$	247	$	258
Commercial real estate	343		10		10		363		27		27
Multi-family	—		—		—		527		13		15
SBA	8		—		—		8		—		—
Consumer:
Single family residential mortgage	26,028		317		315		24,668		706		701
Other consumer	554		4		4		381		8		9
Total	$	33,312	$	391	$	393	$	32,539	$	1,001	$	1,010

Composition of Nonaccrual Loans and Leases

The following table presents nonaccrual loans and leases, and loans past due 90 days or more and still accruing as of the dates indicated:



	September 30, 2016						December 31, 2015
	NTM Loans		Traditional Loans and Leases		Total		NTM Loans		Traditional Loans and Leases		Total
	(In thousands)
Loans past due 90 days or more and still accruing	$	—	$	—	$	—	$	—	$	—	$	—
Nonaccrual loans and leases:
The Company maintains specific allowances for these loans of $0 at September 30, 2016 and December 31, 2015	11,390		23,833		35,223		14,703		30,426		45,129

The following table presents the composition of nonaccrual loans and leases as of the dates indicated:



	September 30, 2016						December 31, 2015
	NTM Loans		Traditional Loans and Leases		Total		NTM Loans		Traditional Loans and Leases		Total
	(In thousands)
Commercial:
Commercial and industrial	$	—	$	4,577	$	4,577	$	—	$	4,383	$	4,383
Commercial real estate	—		—		—		—		1,552		1,552
Multi-family	—		—		—		—		642		642
SBA	—		334		334		—		422		422
Lease financing	—		2,295		2,295		—		598		598
Consumer:
Single family residential mortgage	2,701		15,394		18,095		4,615		22,615		27,230
Green Loans (HELOC) - first liens	8,689		—		8,689		10,088		—		10,088
Other consumer	—		1,233		1,233		—		214		214
Total nonaccrual loans and leases	$	11,390	$	23,833	$	35,223	$	14,703	$	30,426	$	45,129

Aging of Recorded Investment in Past Due Loans and Leases

The following table presents the aging of the recorded investment in past due loans and leases as of September 30, 2016, excluding accrued interest receivable (which is not considered to be material), by class of loans and leases:



	September 30, 2016
	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 89 Days Past due		Total Past Due		Current		Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	5,882	$	332	$	2,701	$	8,915	$	781,011	$	789,926
Green Loans (HELOC) - first liens	—		7,694		—		7,694		89,754		97,448
Green Loans (HELOC) - second liens	—		—		—		—		3,709		3,709
Other consumer	—		—		—		—		—		—
Total NTM loans	5,882		8,026		2,701		16,609		874,474		891,083
Traditional loans and leases:
Commercial:
Commercial and industrial	2,015		50		3,436		5,501		1,520,744		1,526,245
Commercial real estate	—		—		—		—		719,420		719,420
Multi-family	—		—		—		—		1,199,207		1,199,207
SBA	2		6		267		275		64,702		64,977
Construction	—		—		—		—		99,086		99,086
Lease financing	3,624		1,094		2,184		6,902		227,638		234,540
Consumer:
Single family residential mortgage	11,826		2,735		13,113		27,674		1,053,934		1,081,608
Other consumer	3,687		107		1,126		4,920		105,338		110,258
Total traditional loans and leases	21,154		3,992		20,126		45,272		4,990,069		5,035,341
PCI loans:
Commercial:
Commercial and industrial	—		—		164		164		4,632		4,796
Commercial real estate	—		—		—		—		2,418		2,418
SBA	515		—		575		1,090		1,670		2,760
Consumer:
Single family residential mortgage	31,109		7,489		5,406		44,004		588,389		632,393
Total PCI loans	31,624		7,489		6,145		45,258		597,109		642,367
Total	$	58,660	$	19,507	$	28,972	$	107,139	$	6,461,652	$	6,568,791

The following table presents the aging of the recorded investment in past due loans and leases as of December 31, 2015, excluding accrued interest receivable (which is not considered to be material), by class of loans and leases:



	December 31, 2015
	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 89 Days Past due		Total Past Due		Current		Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	3,935	$	—	$	3,447	$	7,382	$	668,578	$	675,960
Green Loans (HELOC) - first liens	7,913		—		—		7,913		97,218		105,131
Green Loans (HELOC) - second liens	—		—		—		—		4,704		4,704
Other consumer	—		—		—		—		113		113
Total NTM loans	11,848		—		3,447		15,295		770,613		785,908
Traditional loans and leases:
Commercial:
Commercial and industrial	23		4,984		544		5,551		870,595		876,146
Commercial real estate	—		—		911		911		717,197		718,108
Multi-family	223		—		432		655		903,645		904,300
SBA	—		162		173		335		54,322		54,657
Construction	—		—		—		—		55,289		55,289
Lease financing	2,005		1,041		394		3,440		188,984		192,424
Consumer:
Single family residential mortgage	15,762		3,887		17,226		36,875		738,388		775,263
Other consumer	—		11		211		222		109,346		109,568
Total traditional loans and leases	18,013		10,085		19,891		47,989		3,637,766		3,685,755
PCI loans:
Commercial:
Commercial and industrial	—		—		176		176		677		853
Commercial real estate	—		—		1,425		1,425		8,174		9,599
SBA	386		163		621		1,170		1,879		3,049
Consumer:
Single family residential mortgage	33,507		6,235		4,672		44,414		654,816		699,230
Total PCI loans	33,893		6,398		6,894		47,185		665,546		712,731
Total	$	63,754	$	16,483	$	30,232	$	110,469	$	5,073,925	$	5,184,394

Troubled Debt Restructurings

TDR loans consist of the following as of the dates indicated:



	September 30, 2016						December 31, 2015
	NTM Loans		Traditional Loans		Total		NTM Loans		Traditional Loans		Total
	(In thousands)
Commercial:
SBA	$	—	$	—	$	—	$	—	$	3	$	3
Consumer:
Single family residential mortgage	862		8,281		9,143		1,015		5,841		6,856
Green Loans (HELOC) - first liens	2,243		—		2,243		2,400		—		2,400
Green Loans (HELOC) - second liens	294		—		294		553		—		553
Total	$	3,399	$	8,281	$	11,680	$	3,968	$	5,844	$	9,812

The following table summarizes the pre-modification and post-modification balances of the new TDRs for the three and nine months ended September 30, 2016:



	Three Months Ended					Nine Months Ended
	Number of Loans	Pre- Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of Loans	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	($ in thousands)
September 30, 2016
Consumer:
Single family residential mortgage	1	$	522	$	519	41	$	10,070	$	10,067
Total	1	$	522	$	519	41	$	10,070	$	10,067
September 30, 2015
Consumer:
Single family residential mortgage	12	$	4,258	$	4,205	14	$	5,688	$	5,635
Other consumer	1	261		260		1	261		260
Total	13	$	4,519	$	4,465	15	$	5,949	$	5,895

Summary of Significant Activities

The following table presents loans and leases purchased, sold and transferred from (to) held-for-sale by portfolio segment, excluding loans held-for-sale, loans and leases acquired in business combinations and PCI loans for the periods indicated:



	Three Months Ended								Nine Months Ended
	Purchases		Sales			Transfers from (to) Held-For-Sale			Purchases		Sales			Transfers from (to) Held-For-Sale
	(In thousands)
September 30, 2016
Commercial:
Commercial and industrial	$	—	$	—		$	(169	)	$	—	$	—		$	(169	)
Commercial real estate	—		—			(2,228		)	—		—			(2,228		)
Multi-family	—		—			(66,806		)	—		—			(66,806		)
Lease financing	23,639		(8,985		)	—			88,913		(19,741		)	—
Consumer:
Single family residential mortgage	—		(21,039		)	(30,988		)	—		(21,039		)	(85,283		)
Total	$	23,639	$	(30,024	)	$	(100,191	)	$	88,913	$	(40,780	)	$	(154,486	)
September 30, 2015
Commercial:
Commercial and industrial	$	—	$	—		$	(952	)	$	—	$	—		$	(4,992	)
Commercial real estate	—		—			(370		)	—		—			(39,997		)
Multi-family	—		—			—			—		(242,087		)	—
Lease financing	36,728		—			—			88,404		—			—
Consumer:
Single family residential mortgage	—		—			2,182			49,488		—			479,083
Total	$	36,728	$	—		$	860		$	137,891	$	(242,087	)	$	434,094

Carrying Amount of Purchased Credit Impaired Loans and Leases

The following table presents the outstanding balance and carrying amount of PCI loans as of the dates indicated:



	September 30, 2016				December 31, 2015
	Outstanding		Carrying		Outstanding		Carrying
	Balance		Amount		Balance		Amount
	(In thousands)
Commercial:
Commercial and industrial	$	5,088	$	4,796	$	1,001	$	853
Commercial real estate	3,531		2,418		11,255		9,599
SBA	3,839		2,760		4,033		3,049
Consumer:
Single family residential mortgage	687,689		632,393		764,814		699,230
Total	$	700,147	$	642,367	$	781,103	$	712,731

Accretable Yield, or Income Expected to be Collected

The following table presents a summary of accretable yield, or income expected to be collected, for the periods indicated:



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In thousands)
Balance at beginning of period	$	184,078		$	84,871		$	205,549		$	92,301
New loans purchased	—			30,066			23,568			36,397
Accretion of income	(9,645		)	(5,745		)	(29,125		)	(15,761		)
Changes in expected cash flows	(40		)	(134		)	(18,826		)	(287		)
Disposals	(27,693		)	(12,307		)	(34,466		)	(15,899		)
Balance at end of period	$	146,700		$	96,751		$	146,700		$	96,751