Loans And Allowance For Loan Losses (Tables)

12 Months Ended

Dec. 31, 2013

Loans And Allowance For Loan Losses [Abstract]

Summary Classification Of Held To Maturity Loan Portfolio

Major classifications within the Company’s held to maturity loan portfolio at December 31, 2013 and 2012 are as follows:

(In thousands)	2013		2012
Commercial:
Business	$	3,715,319	$	3,134,801
Real estate — construction and land	406,197		355,996
Real estate — business	2,313,550		2,214,975
Personal Banking:
Real estate — personal	1,787,626		1,584,859
Consumer	1,512,716		1,289,650
Revolving home equity	420,589		437,567
Consumer credit card	796,228		804,245
Overdrafts	4,611		9,291
Total loans	$	10,956,836	$	9,831,384

Loans To Directors And Executive Officers

Loans to directors and executive officers of the Parent and its significant subsidiaries, and to their associates, are summarized as follows:

(In thousands)
Balance at January 1, 2013	$	61,614
Additions	257,690
Amounts collected	(274,981		)
Amounts written off	—
Balance, December 31, 2013	$	44,323

Summary Of Activity In The Allowance For Loan Losses

A summary of the activity in the allowance for losses during the previous three years follows:

(In thousands)	Commercial			Personal Banking		Total
Balance at December 31, 2010	$	119,946		$	77,592	$	197,538
Provision for loan losses	18,052			33,463		51,515
Deductions:
Loans charged off	18,818			62,567		81,385
Less recoveries	3,317			13,547		16,864
Net loans charged off	15,501			49,020		64,521
Balance at December 31, 2011	122,497			62,035		184,532
Provision for loan losses	(14,444		)	41,731		27,287
Deductions:
Loans charged off	11,094			52,067		63,161
Less recoveries	8,766			15,108		23,874
Net loans charged off	2,328			36,959		39,287
Balance at December 31, 2012	105,725			66,807		172,532
Provision for loan losses	(16,143		)	36,496		20,353
Deductions:
Loans charged off	5,170			49,029		54,199
Less recoveries	9,777			13,069		22,846
Net loans charged off (recoveries)	(4,607		)	35,960		31,353
Balance at December 31, 2013	$	94,189		$	67,343	$	161,532

Allowance For Loan Losses And Related Loan Balance Disaggregated On The Basis Of Impairment Methodology

The following table shows the balance in the allowance for loan losses and the related loan balance at December 31, 2013 and 2012, disaggregated on the basis of impairment methodology. Impaired loans evaluated under ASC 310-10-35 include loans on non-accrual status which are individually evaluated for impairment and other impaired loans deemed to have similar risk characteristics, which are collectively evaluated. All other loans are collectively evaluated for impairment under ASC 450-20.

	Impaired Loans				All Other Loans
(In thousands)	Allowance for Loan Losses		Loans Outstanding		Allowance for Loan Losses		Loans Outstanding
December 31, 2013
Commercial	$	8,476	$	78,516	$	85,713	$	6,356,550
Personal Banking	2,424		29,120		64,919		4,492,650
Total	$	10,900	$	107,636	$	150,632	$	10,849,200
December 31, 2012
Commercial	$	5,434	$	80,807	$	100,291	$	5,624,965
Personal Banking	2,051		36,111		64,756		4,089,501
Total	$	7,485	$	116,918	$	165,047	$	9,714,466

Investment In Impaired Loans

(In thousands)	2013		2012
Non-accrual loans	$	48,814	$	51,410
Restructured loans (accruing)	58,822		65,508
Total impaired loans	$	107,636	$	116,918

Additional Information About Impaired Loans Held

The following table provides additional information about impaired loans held by the Company at December 31, 2013 and 2012, segregated between loans for which an allowance for credit losses has been provided and loans for which no allowance has been provided.

(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
December 31, 2013
With no related allowance recorded:
Business	$	7,969	$	9,000	$	—
Real estate – construction and land	8,766		16,067		—
Real estate – business	4,089		6,417		—
Revolving home equity	2,191		2,741		—
	$	23,015	$	34,225	$	—
With an allowance recorded:
Business	$	19,266	$	22,597	$	3,037
Real estate – construction and land	17,632		19,708		2,174
Real estate – business	20,794		29,287		3,265
Real estate – personal	10,425		13,576		1,361
Consumer	4,025		4,025		85
Revolving home equity	666		666		2
Consumer credit card	11,813		11,813		976
	$	84,621	$	101,672	$	10,900
Total	$	107,636	$	135,897	$	10,900
December 31, 2012
With no related allowance recorded:
Business	$	9,964	$	12,697	$	—
Real estate – construction and land	8,440		15,102		—
Real estate – business	5,484		8,200		—
Real estate – personal	1,166		1,380		—
Revolving home equity	510		843		—
	$	25,564	$	38,222	$	—
With an allowance recorded:
Business	$	19,358	$	22,513	$	1,888
Real estate – construction and land	20,446		25,808		1,762
Real estate – business	17,115		23,888		1,784
Real estate – personal	14,157		17,304		857
Consumer	4,779		4,779		93
Revolving home equity	779		779		18
Consumer credit card	14,720		14,720		1,083
	$	91,354	$	109,791	$	7,485
Total	$	116,918	$	148,013	$	7,485

Total Average Impaired Loans

Total average impaired loans during 2013 and 2012 are shown in the table below.

	2013						2012
(In thousands)	Commercial		Personal Banking		Total		Commercial		Personal Banking		Total
Average impaired loans:
Non-accrual loans	$	35,900	$	5,329	$	41,229	$	55,994	$	7,343	$	63,337
Restructured loans (accruing)	40,251		24,134		64,385		43,181		22,520		65,701
Total	$	76,151	$	29,463	$	105,614	$	99,175	$	29,863	$	129,038

Interest Income Recognized On Impaired Loans

The table below shows interest income recognized during the years ended December 31, 2013, 2012 and 2011 for impaired loans held at the end of each respective period. This interest relates to accruing restructured loans, as discussed previously.

	For the Year Ended December 31
(In thousands)	2013		2012		2011
Interest income recognized on impaired loans:
Business	$	509	$	1,184	$	284
Real estate – construction and land	758		655		947
Real estate – business	215		246		327
Real estate – personal	263		376		37
Consumer	346		415		—
Revolving home equity	36		37		—
Consumer credit card	1,116		1,341		2,016
Total	$	3,243	$	4,254	$	3,611

Aging Information On Past Due And Nonaccrual Loans

The following table provides aging information on the Company’s past due and accruing loans, in addition to the balances of loans on non-accrual status, at December 31, 2013 and 2012.

(In thousands)	Current or Less Than 30 Days Past Due		30 – 89 Days Past Due		90 Days Past Due and Still Accruing		Non-accrual		Total
December 31, 2013
Commercial:
Business	$	3,697,589	$	5,467	$	671	$	11,592	$	3,715,319
Real estate – construction and land	386,423		9,601		—		10,173		406,197
Real estate – business	2,292,385		1,340		47		19,778		2,313,550
Personal Banking:
Real estate – personal	1,771,231		9,755		1,560		5,080		1,787,626
Consumer	1,492,960		17,482		2,274		—		1,512,716
Revolving home equity	416,614		1,082		702		2,191		420,589
Consumer credit card	777,564		9,952		8,712		—		796,228
Overdrafts	4,315		296		—		—		4,611
Total	$	10,839,081	$	54,975	$	13,966	$	48,814	$	10,956,836
December 31, 2012
Commercial:
Business	$	3,110,403	$	10,054	$	1,288	$	13,056	$	3,134,801
Real estate – construction and land	325,541		16,721		56		13,678		355,996
Real estate – business	2,194,395		3,276		—		17,304		2,214,975
Personal Banking:
Real estate – personal	1,564,281		10,862		2,854		6,862		1,584,859
Consumer	1,273,581		13,926		2,143		—		1,289,650
Revolving home equity	433,437		2,121		1,499		510		437,567
Consumer credit card	786,081		10,657		7,507		—		804,245
Overdrafts	8,925		366		—		—		9,291
Total	$	9,696,644	$	67,983	$	15,347	$	51,410	$	9,831,384

Credit Quality Of Commercial Loan Portfolio

	Commercial Loans
(In thousands)	Business		Real Estate -Construction		Real Estate - Business		Total
December 31, 2013
Pass	$	3,618,120	$	372,515	$	2,190,344	$	6,180,979
Special mention	61,916		1,697		53,079		116,692
Substandard	23,691		21,812		50,349		95,852
Non-accrual	11,592		10,173		19,778		41,543
Total	$	3,715,319	$	406,197	$	2,313,550	$	6,435,066
December 31, 2012
Pass	$	3,018,062	$	297,156	$	2,103,913	$	5,419,131
Special mention	58,793		11,400		38,396		108,589
Substandard	44,890		33,762		55,362		134,014
Non-accrual	13,056		13,678		17,304		44,038
Total	$	3,134,801	$	355,996	$	2,214,975	$	5,705,772

Summary Of Loans In The Personal Banking Portfolio Percentage Of Balances Outstanding

For the remainder of loans in the Personal Banking portfolio, the table below shows the percentage of balances outstanding at December 31, 2013 and 2012 by FICO score.

	Personal Banking Loans
	% of Loan Category
	Real Estate - Personal		Consumer		Revolving Home Equity		Consumer Credit Card
December 31, 2013
FICO score:
Under 600	1.7	%	5.4	%	2.1	%	4.1	%
600 – 659	3.3		10.1		7.3		11.7
660 – 719	10.3		23.4		15.0		32.9
720 – 779	25.8		28.3		28.5		27.9
780 and over	58.9		32.8		47.1		23.4
Total	100.0	%	100.0	%	100.0	%	100.0	%
December 31, 2012
FICO score:
Under 600	2.3	%	6.7	%	2.6	%	4.4	%
600 – 659	3.2		11.3		5.3		11.7
660 – 719	10.4		24.4		15.2		32.1
720 – 779	26.6		26.4		30.0		28.2
780 and over	57.5		31.2		46.9		23.6
Total	100.0	%	100.0	%	100.0	%	100.0	%

Outstanding Balance Of Loans Classified As Troubled Debt Restructurings

The table below shows the outstanding balance of loans classified as troubled debt restructurings at December 31, 2013, in addition to the period end balances of restructured loans which the Company considers to have been in default at any time during the past twelve months. For purposes of this disclosure, the Company considers "default" to mean 90 days or more past due as to interest or principal.

(In thousands)	December 31, 2013		Balance 90 days past due at any time during previous 12 months
Commercial:
Business	$	23,612	$	7,969
Real estate – construction and land	25,640		4,268
Real estate – business	10,629		3,126
Personal Banking:
Real estate – personal	6,821		60
Consumer	4,025		138
Revolving home equity	666		—
Consumer credit card	11,813		870
Total restructured loans	$	83,206	$	16,431