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Loan and Lease Financings (Tables)
12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Schedule of amortized cost of loans and leases, segregated by portfolio segment, credit quality rating and year of origination
The following table shows the amortized cost of loans and leases, segregated by portfolio segment, credit quality rating and year of origination as of December 31, 2020.
Term Loans and Leases by Origination Year
(Dollars in thousands)20202019201820172016PriorRevolving LoansRevolving Loans Converted to TermTotal
Commercial and agricultural
Grades 1-6$666,905 $193,555 $134,411 $92,916 $26,034 $19,790 $291,990 $— $1,425,601 
Grades 7-126,788 1,699 4,726 3,507 1,200 2,134 33,067 — 53,121 
Total commercial and agricultural673,693 195,254 139,137 96,423 27,234 21,924 325,057  1,478,722 
Auto and light truck
Grades 1-6248,932 141,841 52,749 24,101 4,210 608 — — 472,441 
Grades 7-1219,113 27,136 12,796 8,612 2,250 21 — — 69,928 
Total auto and light truck268,045 168,977 65,545 32,713 6,460 629   542,369 
Medium and heavy duty truck
Grades 1-692,698 88,314 44,205 31,773 15,644 4,840 — — 277,474 
Grades 7-12— 978 — — 632 88 — — 1,698 
Total medium and heavy duty truck92,698 89,292 44,205 31,773 16,276 4,928   279,172 
Aircraft
Grades 1-6429,283 153,358 93,042 95,457 43,972 20,966 6,370 — 842,448 
Grades 7-1211,519 2,561 479 596 2,187 1,670 — — 19,012 
Total aircraft440,802 155,919 93,521 96,053 46,159 22,636 6,370  861,460 
Construction equipment
Grades 1-6311,174 180,550 96,320 42,713 12,624 5,722 17,502 737 667,342 
Grades 7-1217,518 13,743 10,642 398 237 85 2,988 1,935 47,546 
Total construction equipment328,692 194,293 106,962 43,111 12,861 5,807 20,490 2,672 714,888 
Commercial real estate
Grades 1-6190,725 204,477 173,847 175,009 69,022 122,762 373 — 936,215 
Grades 7-129,518 7,990 5,173 6,684 1,762 2,522 — — 33,649 
Total commercial real estate200,243 212,467 179,020 181,693 70,784 125,284 373  969,864 
Residential real estate and home equity
Performing133,829 65,690 18,194 22,929 41,847 86,106 135,255 5,703 509,553 
Nonperforming— — 21 14 — 1,435 247 109 1,826 
Total residential real estate and home equity133,829 65,690 18,215 22,943 41,847 87,541 135,502 5,812 511,379 
Consumer
Performing43,824 34,409 18,904 7,005 2,259 793 23,869 — 131,063 
Nonperforming99 78 36 159 — 384 
Total consumer$43,826 $34,508 $18,982 $7,041 $2,267 $795 $24,028 $ $131,447 
Schedule of amortized cost of loans and leases, segregated by portfolio segment, with delinquency aging and nonaccrual status
The following table shows the amortized cost of loans and leases, segregated by portfolio segment, with delinquency aging and nonaccrual status.
(Dollars in thousands) Current30-59 Days Past Due60-89 Days Past Due90 Days or More Past Due and AccruingTotal Accruing LoansNonaccrualTotal Financing Receivables
December 31, 2020       
Commercial and agricultural$1,472,755 $34 $ $ $1,472,789 $5,933 $1,478,722 
Auto and light truck504,659 560 205  505,424 36,945 542,369 
Medium and heavy duty truck278,452    278,452 720 279,172 
Aircraft860,632    860,632 828 861,460 
Construction equipment701,124 1,093 298  702,515 12,373 714,888 
Commercial real estate968,370    968,370 1,494 969,864 
Residential real estate and home equity
508,532 782 239 108 509,661 1,718 511,379 
Consumer130,458 504 101 7 131,070 377 131,447 
Total$5,424,982 $2,973 $843 $115 $5,428,913 $60,388 $5,489,301 
December 31, 2019       
Commercial and agricultural$1,131,704 $118 $— $— $1,131,822 $969 $1,132,791 
Auto and light truck586,212 1,268 77 — 587,557 1,250 588,807 
Medium and heavy duty truck293,736 14 — — 293,750 1,074 294,824 
Aircraft772,846 7,026 3,293 — 783,165 875 784,040 
Construction equipment702,671 819 609 — 704,099 1,352 705,451 
Commercial real estate906,468 58 — — 906,526 1,651 908,177 
Residential real estate and home equity
528,844 561 152 257 529,814 2,189 532,003 
Consumer138,132 632 187 54 139,005 429 139,434 
Total$5,060,613 $10,496 $4,318 $311 $5,075,738 $9,789 $5,085,527 
Schedule of impaired loans and leases, segregated by class, and the corresponding reserve for impaired loan and lease losses
The following table shows impaired loans and leases, segregated by portfolio segment, and the corresponding allowance for impaired loans and leases.
(Dollars in thousands) Recorded InvestmentUnpaid Principal BalanceRelated Allowance
December 31, 2019   
With no related allowance recorded:   
Commercial and agricultural$218 $218 $— 
Auto and light truck853 853 — 
Medium and heavy duty truck1,074 1,074 — 
Aircraft875 875 — 
Construction equipment615 615 — 
Commercial real estate1,487 1,487 — 
Residential real estate and home equity— — — 
Consumer— — — 
Total with no related allowance recorded5,122 5,122 — 
With an allowance recorded:   
Commercial and agricultural10,366 10,366 3,003 
Auto and light truck278 278 30 
Medium and heavy duty truck— — — 
Aircraft— — — 
Construction equipment736 736 75 
Commercial real estate— — — 
Residential real estate and home equity337 339 117 
Consumer— — — 
Total with an allowance recorded11,717 11,719 3,225 
Total impaired loans$16,839 $16,841 $3,225 
Schedule of average recorded investment and interest income recognized on impaired loans and leases, segregated by class
The following table shows average recorded investment and interest income recognized on impaired loans and leases, segregated by portfolio segment, for the years ending December 31, 2019 and 2018.
 20192018
(Dollars in thousands) Average
Recorded
Investment
Interest
Income
Average
Recorded
Investment
Interest
Income
Commercial and agricultural$5,983 $242 $2,812 $— 
Auto and light truck2,721 — 9,352 — 
Medium and heavy duty truck244 — 247 — 
Aircraft2,409 9,987 20 
Construction equipment1,664 — 1,663 — 
Commercial real estate1,715 — 2,303 — 
Residential real estate and home equity340 19 347 15 
Consumer loans— — — — 
Total$15,076 $269 $26,711 $35 
Schedule of loans and leases classified as troubled debt restructuring and number of modifications
The following table shows the number of loans and leases classified as troubled debt restructuring (TDR) during 2020, 2019 and 2018, by portfolio segment, as well as the recorded investment as of December 31. The classification between nonperforming and performing is shown at the time of modification. Modification programs focused on extending maturity dates or modifying payment patterns with most TDRs experiencing a combination of concessions. The modifications did not result in the contractual forgiveness of principal or interest. The TDRs during 2020 were the result of issues that predated the COVID-19 pandemic. There were two modifications during 2020, one modification during 2019, and no modifications during 2018 that resulted in an interest rate reduction below market rate. Consequently, the financial impact of the modifications was immaterial.
 202020192018
(Dollars in thousands)Number of ModificationsRecorded InvestmentNumber of ModificationsRecorded InvestmentNumber of ModificationsRecorded Investment
Performing TDRs:    
Commercial and agricultural $ $9,901 — $— 
Auto and light truck  — — — — 
Medium and heavy duty truck  — — — — 
Aircraft  — — — — 
Construction equipment  — — — — 
Commercial real estate  — — — — 
Residential real estate and home equity  — — — — 
Consumer  — — — — 
Total performing TDR modifications  9,901 — — 
Nonperforming TDRs:    
Commercial and agricultural  465 — — 
Auto and light truck  — — 285 
Medium and heavy duty truck  — — — — 
Aircraft1 828 — — — — 
Construction equipment1 9,905 — — — — 
Commercial real estate  — — — — 
Residential real estate and home equity  — — — — 
Consumer  — — — — 
Total nonperforming TDR modifications2 10,733 465 285 
Total TDR modifications2 $10,733 $10,366 $285 
Schedule of recorded investment in loans and leases classified as troubled debt restructuring
The following table shows the recorded investment of loans and leases classified as troubled debt restructurings as of December 31.
Year Ended December 31 (Dollars in thousands)
20202019
Performing TDRs$330 $10,238 
Nonperforming TDRs11,156 486 
Total TDRs$11,486 $10,724