XML 44 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Loans (Tables)
 3 Months Ended
Mar. 31, 2013
Loans  
Schedule of geographic distributions of loans

 

 

March 31, 2013

 

 

 

Illinois

 

Florida

 

Indiana

 

Total

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

392,171

 

$

11,959

 

$

21,792

 

$

425,922

 

Commercial real estate

 

776,674

 

147,501

 

68,794

 

992,969

 

Real estate construction

 

69,263

 

17,040

 

2,875

 

89,178

 

Retail real estate

 

421,790

 

107,254

 

10,383

 

539,427

 

Retail other

 

12,677

 

398

 

109

 

13,184

 

Total

 

$

1,672,575

 

$

284,152

 

$

103,953

 

$

2,060,680

 

 

 

 

 

 

 

 

 

 

 

Less held for sale(1)

 

 

 

 

 

 

 

30,833

 

 

 

 

 

 

 

 

 

$

2,029,847

 

 

 

 

 

 

 

 

 

 

 

Less allowance for loan losses

 

 

 

 

 

 

 

47,773

 

Net loans

 

 

 

 

 

 

 

$

1,982,074

 

 

(1)Loans held for sale are included in retail real estate.

 

 

 

December 31, 2012

 

 

 

Illinois

 

Florida

 

Indiana

 

Total

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

399,300

 

$

10,861

 

$

23,527

 

$

433,688

 

Commercial real estate

 

777,752

 

138,170

 

65,210

 

981,132

 

Real estate construction

 

67,152

 

15,972

 

2,977

 

86,101

 

Retail real estate

 

435,911

 

112,052

 

11,873

 

559,836

 

Retail other

 

11,831

 

409

 

113

 

12,353

 

Total

 

$

1,691,946

 

$

277,464

 

$

103,700

 

$

2,073,110

 

 

 

 

 

 

 

 

 

 

 

Less held for sale(1)

 

 

 

 

 

 

 

40,003

 

 

 

 

 

 

 

 

 

$

2,033,107

 

 

 

 

 

 

 

 

 

 

 

Less allowance for loan losses

 

 

 

 

 

 

 

48,012

 

Net loans

 

 

 

 

 

 

 

$

1,985,095

 

 

(1) Loans held for sale are included in retail real estate.
Schedule of weighted average risk grades segregated by class of loans (excluding held-for-sale, non posted and clearings)

 

 

March 31, 2013

 

 

 

Weighted Avg.
Risk Grade

 

Grades
1,3,6

 

Grade
7

 

Grade
 8

 

Grade
9

 

Grade
10

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

4.76

 

$

329,298

 

$

57,158

 

$

6,729

 

$

18,863

 

$

1,915

 

Commercial real estate

 

5.55

 

653,077

 

106,607

 

46,839

 

30,933

 

8,012

 

Real estate construction

 

7.13

 

33,937

 

7,606

 

13,485

 

13,931

 

3,179

 

Retail real estate

 

3.63

 

378,713

 

6,352

 

6,241

 

7,188

 

3,148

 

Retail other

 

3.40

 

12,420

 

359

 

—

 

7

 

—

 

Total Illinois/Indiana

 

 

 

$

1,407,445

 

$

178,082

 

$

73,294

 

$

70,922

 

$

16,254

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

5.70

 

$

7,437

 

$

308

 

$

3,375

 

$

839

 

$

—

 

Commercial real estate

 

6.37

 

87,297

 

24,374

 

11,203

 

20,665

 

3,962

 

Real estate construction

 

6.98

 

5,058

 

8,055

 

2,946

 

981

 

—

 

Retail real estate

 

3.96

 

79,209

 

8,414

 

12,395

 

2,929

 

2,785

 

Retail other

 

2.44

 

381

 

—

 

17

 

—

 

—

 

Total Florida

 

 

 

$

179,382

 

$

41,151

 

$

29,936

 

$

25,414

 

$

6,747

 

Total

 

 

 

$

1,586,827

 

$

219,233

 

$

103,230

 

$

96,336

 

$

23,001

 

 

 

 

December 31, 2012

 

 

 

Weighted Avg.
Risk Grade

 

Grades
1,3,6

 

Grade
7

 

Grade
 8

 

Grade
9

 

Grade
10

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

4.68

 

$

346,536

 

$

46,201

 

$

12,374

 

$

15,677

 

$

2,039

 

Commercial real estate

 

5.53

 

644,695

 

110,012

 

50,305

 

28,655

 

9,295

 

Real estate construction

 

7.21

 

30,710

 

7,809

 

14,162

 

14,084

 

3,364

 

Retail real estate

 

3.62

 

385,949

 

6,729

 

7,806

 

5,874

 

2,855

 

Retail other

 

3.34

 

11,563

 

372

 

—

 

9

 

—

 

Total Illinois/Indiana

 

 

 

$

1,419,453

 

$

171,123

 

$

84,647

 

$

64,299

 

$

17,553

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

5.91

 

$

6,359

 

$

3,544

 

$

162

 

$

796

 

$

—

 

Commercial real estate

 

6.36

 

80,232

 

20,667

 

13,238

 

19,279

 

4,754

 

Real estate construction

 

6.97

 

4,137

 

7,721

 

3,172

 

942

 

—

 

Retail real estate

 

3.98

 

83,578

 

6,369

 

13,225

 

3,265

 

2,797

 

Retail other

 

2.80

 

391

 

—

 

18

 

—

 

—

 

Total Florida

 

 

 

$

174,697

 

$

38,301

 

$

29,815

 

$

24,282

 

$

7,551

 

Total

 

 

 

$

1,594,150

 

$

209,424

 

$

114,462

 

$

88,581

 

$

25,104

 
Schedule of age analysis of past due loans still accruing and non-accrual loans

 

 

March 31, 2013

 

 

 

Loans past due, still accruing

 

 

 

 

 

30-59 Days

 

60-89 Days

 

90+Days

 

Non-accrual
Loans

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

Commercial

 

$

1,181

 

$

459

 

$

—

 

$

1,915

 

Commercial real estate

 

4,138

 

309

 

193

 

8,012

 

Real estate construction

 

—

 

—

 

—

 

3,179

 

Retail real estate

 

571

 

276

 

11

 

3,148

 

Retail other

 

10

 

—

 

—

 

—

 

Total Illinois/Indiana

 

$

5,900

 

$

1,044

 

$

204

 

$

16,254

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

Commercial

 

$

—

 

$

—

 

$

—

 

$

—

 

Commercial real estate

 

172

 

—

 

—

 

3,962

 

Real estate construction

 

—

 

—

 

—

 

—

 

Retail real estate

 

16

 

—

 

—

 

2,785

 

Retail other

 

—

 

—

 

—

 

—

 

Total Florida

 

$

188

 

$

—

 

$

—

 

$

6,747

 

Total

 

$

6,088

 

$

1,044

 

$

204

 

$

23,001

 

 

 

 

December 31, 2012

 

 

 

Loans past due, still accruing

 

 

 

 

 

30-59 Days

 

60-89 Days

 

90+Days

 

Non-accrual
Loans

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

Commercial

 

$

111

 

$

80

 

$

19

 

$

2,039

 

Commercial real estate

 

216

 

59

 

139

 

9,295

 

Real estate construction

 

—

 

—

 

—

 

3,364

 

Retail real estate

 

1,154

 

294

 

46

 

2,855

 

Retail other

 

2

 

2

 

—

 

—

 

Total Illinois/Indiana

 

$

1,483

 

$

435

 

$

204

 

$

17,553

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

Commercial

 

$

—

 

$

—

 

$

—

 

$

—

 

Commercial real estate

 

—

 

—

 

—

 

4,754

 

Real estate construction

 

—

 

—

 

—

 

—

 

Retail real estate

 

364

 

—

 

52

 

2,797

 

Retail other

 

—

 

3

 

—

 

—

 

Total Florida

 

$

364

 

$

3

 

$

52

 

$

7,551

 

Total

 

$

1,847

 

$

438

 

$

256

 

$

25,104

 
Schedule of restructured loans

 

 

March 31,
2013

 

December 31,
2012

 

 

 

(dollars in thousands)

 

Restructured loans:

 

 

 

 

 

In compliance with modified terms

 

$

18,973

 

$

22,023

 

30 – 89 days past due

 

—

 

28

 

Included in non-performing loans

 

8,347

 

6,458

 

Total

 

$

27,320

 

$

28,509

 
Schedule of performing loans classified as TDRs, segregated by class and geography

 

 

Three Months Ended
March 31, 2013

 

Three Months Ended
March 31, 2012

 

 

 

Number of
contracts

 

Recorded
investment

 

Number of
contracts

 

Recorded
investment

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

Commercial

 

—

 

$

—

 

2

 

$

1,280

 

Commercial real estate

 

—

 

—

 

—

 

—

 

Real estate construction

 

—

 

—

 

1

 

3,019

 

Retail real estate

 

—

 

—

 

—

 

—

 

Retail other

 

—

 

—

 

—

 

—

 

Total Illinois/Indiana

 

—

 

$

—

 

3

 

$

4,299

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

Commercial

 

—

 

$

—

 

—

 

$

—

 

Commercial real estate

 

—

 

—

 

—

 

—

 

Real estate construction

 

—

 

—

 

—

 

—

 

Retail real estate

 

—

 

—

 

—

 

—

 

Retail other

 

—

 

—

 

—

 

—

 

Total Florida

 

—

 

$

—

 

—

 

$

—

 

Total

 

—

 

$

—

 

3

 

$

4,299

 
Schedule of TDRs classified as non-performing with payment defaults, segregated by class and geography

 

 

Three Months Ended
March 31, 2013

 

Three Months Ended
March 31, 2012

 

 

 

Number of
contracts

 

Recorded
investment

 

Number of
contracts

 

Recorded
investment

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

Commercial

 

—

 

$

—

 

—

 

$

—

 

Commercial real estate

 

1

 

1,700

 

1

 

4,068

 

Real estate construction

 

—

 

—

 

—

 

—

 

Retail real estate

 

—

 

—

 

—

 

—

 

Retail other

 

—

 

—

 

—

 

—

 

Total Illinois/Indiana

 

1

 

$

1,700

 

1

 

$

4,068

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

Commercial

 

—

 

$

—

 

—

 

$

—

 

Commercial real estate

 

—

 

—

 

—

 

—

 

Real estate construction

 

—

 

—

 

1

 

657

 

Retail real estate

 

3

 

407

 

1

 

143

 

Retail other

 

—

 

—

 

—

 

—

 

Total Florida

 

3

 

$

407

 

2

 

$

800

 

Total

 

4

 

$

2,107

 

3

 

$

4,868

 
Schedule of details of impaired loans, segregated by class and geography

 

 

March 31, 2013

 

 

 

Unpaid
Contractual
Principal
Balance

 

Recorded
Investment
with No
Allowance

 

Recorded
Investment
with
Allowance

 

Total
Recorded
Investment

 

Related
Allowance

 

Average
Recorded
Investment

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

9,250

 

$

4,605

 

$

589

 

$

5,194

 

$

589

 

$

8,352

 

Commercial real estate

 

14,929

 

10,358

 

1,702

 

12,060

 

847

 

13,138

 

Real estate construction

 

9,203

 

5,952

 

2,794

 

8,746

 

1,050

 

8,958

 

Retail real estate

 

6,413

 

5,308

 

30

 

5,338

 

30

 

5,142

 

Retail other

 

—

 

—

 

—

 

—

 

—

 

10

 

Total Illinois/Indiana

 

$

39,795

 

$

26,223

 

$

5,115

 

$

31,338

 

$

2,516

 

$

35,600

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

157

 

Commercial real estate

 

8,751

 

5,770

 

—

 

5,770

 

—

 

6,355

 

Real estate construction

 

2,593

 

2,593

 

—

 

2,593

 

—

 

3,460

 

Retail real estate

 

13,949

 

11,681

 

95

 

11,776

 

25

 

14,057

 

Retail other

 

—

 

—

 

—

 

—

 

—

 

—

 

Total Florida

 

$

25,293

 

$

20,044

 

$

95

 

$

20,139

 

$

25

 

$

24,029

 

Total

 

$

65,088

 

$

46,267

 

$

5,210

 

$

51,477

 

$

2,541

 

$

59,629

 

 

 

 

December 31, 2012

 

 

 

Unpaid
Contractual
Principal
Balance

 

Recorded
Investment
with No
Allowance

 

Recorded
Investment
with
Allowance

 

Total
Recorded
Investment

 

Related
Allowance

 

Average
Recorded
Investment

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

11,557

 

$

7,214

 

$

265

 

$

7,479

 

$

265

 

$

10,109

 

Commercial real estate

 

17,656

 

12,020

 

1,288

 

13,308

 

634

 

14,607

 

Real estate construction

 

6,851

 

6,394

 

—

 

6,394

 

—

 

8,625

 

Retail real estate

 

6,251

 

4,666

 

530

 

5,196

 

140

 

5,206

 

Retail other

 

—

 

—

 

—

 

—

 

—

 

24

 

Total Illinois/Indiana

 

$

42,315

 

$

30,294

 

$

2,083

 

$

32,377

 

$

1,039

 

$

38,571

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

271

 

Commercial real estate

 

9,533

 

5,988

 

585

 

6,573

 

235

 

6,506

 

Real estate construction

 

2,597

 

2,597

 

—

 

2,597

 

—

 

3,989

 

Retail real estate

 

16,518

 

12,673

 

1,373

 

14,046

 

483

 

15,254

 

Retail other

 

—

 

—

 

—

 

—

 

—

 

—

 

Total Florida

 

$

28,648

 

$

21,258

 

$

1,958

 

$

23,216

 

$

718

 

$

26,020

 

Total

 

$

70,963

 

$

51,552

 

$

4,041

 

$

55,593

 

$

1,757

 

$

64,591

 
Schedule of activity on the allowance for loan losses

 

 

For the Three Months Ended March 31, 2013

 

 

 

Commercial

 

Commercial
Real Estate

 

Real Estate
Construction

 

Retail Real
Estate

 

Retail Other

 

Total

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

6,597

 

$

15,023

 

$

2,527

 

$

8,110

 

$

322

 

$

32,579

 

Provision for loan loss

 

238

 

490

 

737

 

(404

)

(6

)

1,055

 

Charged-off

 

(183

)

(847

)

—

 

(272

)

(136

)

(1,438

)

Recoveries

 

15

 

125

 

182

 

28

 

178

 

528

 

Ending Balance

 

$

6,667

 

$

14,791

 

$

3,446

 

$

7,462

 

$

358

 

$

32,724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

1,437

 

$

6,062

 

$

2,315

 

$

5,614

 

$

5

 

$

15,433

 

Provision for loan loss

 

23

 

270

 

29

 

629

 

(6

)

945

 

Charged-off

 

—

 

(245

)

(35

)

(1,178

)

(2

)

(1,460

)

Recoveries

 

25

 

19

 

17

 

63

 

7

 

131

 

Ending Balance

 

$

1,485

 

$

6,106

 

$

2,326

 

$

5,128

 

$

4

 

$

15,049

 

 

 

 

For the Three Months Ended March 31, 2012

 

 

 

Commercial

 

Commercial
Real Estate

 

Real Estate
Construction

 

Retail Real
Estate

 

Retail Other

 

Total

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

9,143

 

$

18,605

 

$

4,352

 

$

6,473

 

$

464

 

$

39,037

 

Provision for loan loss

 

(1,973

)

7,660

 

(317

)

(262

)

(51

)

5,057

 

Charged-off

 

(279

)

(8,424

)

(288

)

(861

)

(146

)

(9,998

)

Recoveries

 

91

 

269

 

162

 

164

 

78

 

764

 

Ending Balance

 

$

6,982

 

$

18,110

 

$

3,909

 

$

5,514

 

$

345

 

$

34,860

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

1,939

 

$

8,413

 

$

2,936

 

$

6,160

 

$

21

 

$

19,469

 

Provision for loan loss

 

(563

)

45

 

(400

)

877

 

(16

)

(57

)

Charged-off

 

(40

)

(216

)

(69

)

(764

)

—

 

(1,089

)

Recoveries

 

405

 

35

 

73

 

132

 

7

 

652

 

Ending Balance

 

$

1,741

 

$

8,277

 

$

2,540

 

$

6,405

 

$

12

 

$

18,975

 
Schedule of allowance for loan losses and recorded investments

 

 

As of March 31, 2013

 

 

 

Commercial

 

Commercial
Real Estate

 

Real Estate
Construction

 

Retail Real
Estate

 

Retail Other

 

Total

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount allocated to:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

589

 

$

847

 

$

1,050

 

$

30

 

$

—

 

$

2,516

 

Loans collectively evaluated for impairment

 

6,078

 

13,944

 

2,396

 

7,432

 

358

 

30,208

 

Ending Balance

 

$

6,667

 

$

14,791

 

$

3,446

 

$

7,462

 

$

358

 

$

32,724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

5,194

 

$

12,060

 

$

8,746

 

$

5,338

 

$

—

 

$

31,338

 

Loans collectively evaluated for impairment

 

408,769

 

833,408

 

63,392

 

397,524

 

12,786

 

1,715,879

 

Ending Balance

 

$

413,963

 

$

845,468

 

$

72,138

 

$

402,862

 

$

12,786

 

$

1,747,217

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount allocated to:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

—

 

$

—

 

$

—

 

$

25

 

$

—

 

$

25

 

Loans collectively evaluated for impairment

 

1,485

 

6,106

 

2,326

 

5,103

 

4

 

15,024

 

Ending Balance

 

$

1,485

 

$

6,106

 

$

2,326

 

$

5,128

 

$

4

 

$

15,049

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

—

 

$

5,770

 

$

2,593

 

$

11,776

 

$

—

 

$

20,139

 

Loans collectively evaluated for impairment

 

11,959

 

141,731

 

14,447

 

93,956

 

398

 

262,491

 

Ending Balance

 

$

11,959

 

$

147,501

 

$

17,040

 

$

105,732

 

$

398

 

$

282,630

 

 

 

 

As of December 31, 2012

 

 

 

Commercial

 

Commercial
Real Estate

 

Real Estate
Construction

 

Retail Real
Estate

 

Retail
Other

 

Total

 

 

 

(dollars in thousands)

 

Illinois/Indiana

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount allocated to:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

265

 

$

634

 

$

—

 

$

140

 

$

—

 

$

1,039

 

Loans collectively evaluated for impairment

 

6,332

 

14,389

 

2,527

 

7,970

 

322

 

31,540

 

Ending Balance

 

$

6,597

 

$

15,023

 

$

2,527

 

$

8,110

 

$

322

 

$

32,579

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

7,479

 

$

13,308

 

$

6,394

 

$

5,196

 

$

—

 

$

32,377

 

Loans collectively evaluated for impairment

 

415,348

 

829,654

 

63,735

 

404,867

 

11,944

 

1,725,548

 

Ending Balance

 

$

422,827

 

$

842,962

 

$

70,129

 

$

410,063

 

$

11,944

 

$

1,757,925

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Florida

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount allocated to:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

—

 

$

235

 

$

—

 

$

483

 

$

—

 

$

718

 

Loans collectively evaluated for impairment

 

1,437

 

5,827

 

2,315

 

5,131

 

5

 

14,715

 

Ending Balance

 

$

1,437

 

$

6,062

 

$

2,315

 

$

5,614

 

$

5

 

$

15,433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans individually evaluated for impairment

 

$

—

 

$

6,573

 

$

2,597

 

$

14,046

 

$

—

 

$

23,216

 

Loans collectively evaluated for impairment

 

10,861

 

131,597

 

13,375

 

95,724

 

409

 

251,966

 

Ending Balance

 

$

10,861

 

$

138,170

 

$

15,972

 

$

109,770

 

$

409

 

$

275,182