Loans

Loans outstanding as of June 30, 2014, December 31, 2013, and June 30, 2013, net of unearned income, consisted of the following:



(In thousands)		June 30, 2014			December 31, 2013			June 30, 2013
Originated loans:
Commercial		$	7,365,499		$	6,648,279		$	5,997,812
Residential mortgage		580,166			529,253			462,427
Installment		2,051,587			1,727,925			1,496,663
Home equity		998,179			920,066			845,051
Credit cards		151,967			148,313			142,319
Leases		319,795			239,551			188,353
	Total originated loans	11,467,193			10,213,387			9,132,625
Allowance for originated loan losses		(91,950		)	(96,484		)	(98,645		)
	Net originated loans	$	11,375,243		$	10,116,903		$	9,033,980
Acquired loans:
Commercial		$	1,457,903		$	1,725,970		$	2,267,811
Residential mortgage		425,584			470,652			439,380
Installment		872,034			1,004,569			1,221,060
Home equity		268,266			294,424			322,111
	Total acquired loans	3,023,787			3,495,615			4,250,362
Allowance for acquired loan losses		(4,977		)	(741		)	—
	Net acquired loans	$	3,018,810		$	3,494,874		$	4,250,362
Covered loans:
Commercial		$	292,782		$	375,860		$	505,706
Residential mortgage		46,705			50,679			56,056
Installment		5,364			6,162			7,794
Home equity		89,815			97,442			106,970
Loss share receivable		43,981			61,827			83,910
	Total covered loans	478,647			591,970			760,436
Allowance for covered loan losses		(45,109		)	(44,027		)	(49,069		)
	Net covered loans	$	433,538		$	547,943		$	711,367
Total loans:
Commercial		$	9,116,184		$	8,750,109		$	8,771,329
Residential mortgage		1,052,455			1,050,584			957,863
Installment		2,928,985			2,738,656			2,725,517
Home equity		1,356,260			1,311,932			1,274,132
Credit cards		151,967			148,313			142,319
Leases		319,795			239,551			188,353
Loss share receivable		43,981			61,827			83,910
	Total loans	14,969,627			14,300,972			14,143,423
Total allowance for loan losses		(142,036		)	(141,252		)	(147,714		)
	Total Net loans	$	14,827,591		$	14,159,720		$	13,995,709

The following describes the distinction between originated, acquired and covered loan portfolios and certain significant accounting policies relevant to each of these portfolios.

Originated Loans

Loans originated for investment are stated at their principal amount outstanding adjusted for partial charge-offs, and net deferred loan fees and costs. Interest income on loans is accrued over the term of the loans primarily using the "simple-interest" method based on the principal balance outstanding. Interest is not accrued on loans where collectability is uncertain. Accrued interest is presented separately in the consolidated balance sheet, except for accrued interest on credit card loans, which is included in the outstanding loan balance. Loan origination fees and certain direct costs incurred to extend credit are deferred and amortized over the term of the loan or loan commitment period as an adjustment to the related loan yield. Net deferred loan origination fees and costs amounted to $6.1 million, $6.6 million and $6.7 million at June 30, 2014, December 31, 2013, and June 30, 2013, respectively.

Acquired Loans

Acquired loans are those purchased in the Citizens acquisition (See Note 2 (Business Combinations) for further information). These loans were recorded at estimated fair value at the Acquisition Date with no carryover of the related ALL. The acquired loans were segregated between those considered to be performing (“non-impaired acquired loans”) and those with evidence of credit deterioration (“acquired impaired loans”). Acquired loans are considered impaired if there is evidence of credit deterioration and if it is probable, at acquisition, all contractually required payments will not be collected. Revolving loans, including lines of credit, are excluded from acquired impaired loan accounting.

Total outstanding acquired impaired loans as of June 30, 2014 and 2013 were $714.2 million and $1.0 billion, respectively. The outstanding balance of these loans is the undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties, and other under the loans, owed at the reporting date, whether or not currently due and whether or not any such amounts have been charged off. Changes in the carrying amount and accretable yield for acquired impaired loans were as follows for the three and six months ended June 30, 2014 and 2013:



	Three Months Ended June 30,												Six Months Ended June 30,
Acquired Impaired Loans	2014						2013						2014						2013
(In thousands)	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
Balance at beginning of period	$	142,284		$	557,199		$	—		$	—		$	136,646		$	601,000		$	—		$	—
Additions due to Citizens acquisition on April 12, 2013	—			—			131,558			819,715			—			—			131,558			819,715
Accretion	(12,746		)	12,746			(9,090		)	9,090			(24,487		)	24,487			(9,090		)	9,090
Net reclassifications from nonaccretable to accretable	10,499			—			—			—			30,013			—			—			—
Payments received, net	—			(50,695		)	—			(76,123		)	—			(106,237		)	—			(76,123		)
Disposals	$	(2,595	)	$	—		$	(2,401	)	$	—		$	(4,730	)	$	—		$	(2,401	)	$	—
Balance at end of period	$	137,442		$	519,250		$	120,067		$	752,682		$	137,442		$	519,250		$	120,067		$	752,682

Covered Loans and Related Loss Share Receivable

The loans purchased in the 2010 FDIC-assisted acquisitions of George Washington and Midwest are covered by loss sharing agreements between the FDIC and the Corporation that afford the Bank significant loss protection. These covered loans were recorded at estimated fair value at the Acquisition Date with no carryover of the related ALL and are accounted for as acquired impaired loans. A loss share receivable was recorded at the Acquisition Date which represents the estimated fair value of reimbursement the Corporation expects to receive from the FDIC for incurred losses on certain covered loans. These expected reimbursements are recorded as part of covered loans.

Changes in the loss share receivable associated with covered loans for the three and six months ended June 30, 2014 and 2013 were as follows:



Loss Share Receivable	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2014			2013			2014			2013
Balance at beginning of period	$	54,748		$	95,593		$	61,827		$	113,734
Amortization	(4,185		)	(5,998		)	(10,048		)	(14,101		)
Increase/(decrease) due to impairment (recapture) on covered loans	(3,897		)	2,319			927			7,858
FDIC reimbursement	(1,237		)	(5,397		)	(6,324		)	(15,947		)
Covered loans paid in full	(1,448		)	(2,607		)	(2,401		)	(7,634		)
Balance at end of the period	$	43,981		$	83,910		$	43,981		$	83,910

Total outstanding covered impaired loans were $637.6 million and $915.4 million as of June 30, 2014 and 2013, respectively. The outstanding balance of these loans is the undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties, and other under the loans, owed at the reporting date, whether or not currently due and whether or not any such amounts have been charged off. Changes in the carrying amount and accretable yield for covered impaired loans were as follows for the three and six months ended June 30, 2014 and 2013:



	Three Months Ended June 30,												Six Months Ended June 30,
Covered Impaired Loans	2014						2013						2014						2013
(In thousands)	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
Balance at beginning of period	$	63,003		$	364,488		$	102,130		$	656,670		$	67,282		$	403,692		$	113,288		$	762,386
Accretion	(12,139		)	12,139			(17,757		)	17,757			(24,755		)	24,755			(37,271		)	37,271
Net reclassifications from non-accretable to accretable	5,549			—			5,413			—			11,606			—			15,982			—
Payments received, net	—			(60,146		)	—			(137,170		)	—			(111,966		)	—			(262,400		)
Disposals	(2,758		)	—			(8,027		)	—			(478		)	—			(10,241		)	—
Balance at end of period	$	53,655		$	316,481		$	81,758		$	537,257		$	53,655		$	316,481		$	81,758		$	537,257

Credit Quality Disclosures

The credit quality of the Corporation's loan portfolios is assessed as a function of net credit losses, levels of nonperforming assets and delinquencies, and credit quality ratings as defined by the Corporation. These credit quality ratings are an important part of the Corporation's overall credit risk management process and evaluation of the allowance for credit losses.

Generally, loans, except for certain commercial, credit card and mortgage loans, and leases on which payments are past due for 90 days are placed on nonaccrual status, unless those loans are in the process of collection and, in Management's opinion, are fully secured. Credit card loans on which payments are past due for 120 days are placed on nonaccrual status. Acquired and covered impaired loans are considered to be accruing and performing even though collection of contractual payments may be in doubt because income continues to be accreted on the loan pool as long as expected cash flows are reasonably estimable.

When a loan is placed on nonaccrual status, interest deemed uncollectible which had been accrued in prior years is charged against the ALL and interest deemed uncollectible accrued in the current year is reversed against interest income. Interest on mortgage loans is accrued until Management deems it uncollectible based upon the specific identification method. Payments subsequently received on nonaccrual loans are generally applied to principal. A loan is returned to accrual status when principal and interest are no longer past due and collectability is probable. This generally requires timely principal and interest payments for a minimum of six consecutive payment cycles. Loans are generally written off when deemed uncollectible or when they reach a predetermined number of days past due depending upon loan product, terms and other factors.

The following tables provide a summary of loans by portfolio type, including the delinquency status of those loans that continue to accrue interest and those loans that are nonaccrual:



As of June 30, 2014
(In thousands)													≥ 90 Days
Originated Loans	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^(a)		Loans
Commercial
C&I	$	1,094	$	1,087	$	6,029	$	8,210	$	4,849,405	$	4,857,615	$	80	$	9,991
CRE	2,010		1,934		14,333		18,277		2,079,741		2,098,018		6,633		11,028
Construction	—		—		—		—		409,866		409,866		—		53
Leases	103		—		—		103		319,692		319,795		—		—
Consumer
Installment	11,205		3,164		4,041		18,410		2,033,177		2,051,587		3,505		3,334
Home Equity Lines	1,549		604		815		2,968		995,211		998,179		535		1,329
Credit Cards	677		385		510		1,572		150,395		151,967		258		446
Residential Mortgages	13,087		1,820		7,527		22,434		557,732		580,166		4,632		10,560
Total	$	29,725	$	8,994	$	33,255	$	71,974	$	11,395,219	$	11,467,193	$	15,643	$	36,741
Acquired Loans													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing^(c)		Loans ^(c)
Commercial
C&I	$	1,164	$	511	$	4,239	$	5,914	$	654,347	$	660,261	$	40	$	787
CRE	1,678		1,162		23,604		26,444		757,299		783,743		—		1,736
Construction	—		—		666		666		13,233		13,899		—		—
Consumer
Installment	6,148		1,859		1,296		9,303		862,731		872,034		1,021		419
Home Equity Lines	5,417		3,089		1,989		10,495		257,771		268,266		643		534
Residential Mortgages	158		1,372		7,298		8,828		416,756		425,584		847		1,506
Total	$	14,565	$	7,993	$	39,092	$	61,650	$	2,962,137	$	3,023,787	$	2,551	$	4,982
Covered Loans ^(b)													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^(c)		Loans ^(c)
Commercial
C&I	$	2,929	$	—	$	6,893	$	9,822	$	46,601	$	56,423	n/a		n/a
CRE	643		1,702		79,916		82,261		134,995		217,256		n/a		n/a
Construction	—		—		17,278		17,278		1,823		19,101		n/a		n/a
Consumer
Installment	25		163		44		232		5,132		5,364		n/a		n/a
Home Equity Lines	579		540		2,036		3,155		86,661		89,816		n/a		n/a
Residential Mortgages	7,141		381		5,356		12,878		33,828		46,706		n/a		n/a
Total	$	11,317	$	2,786	$	111,523	$	125,626	$	309,040	$	434,666	n/a		n/a

^(a)Installment loans 90 days or more past due and accruing include $2.5 million of loans guaranteed by the U.S. government as of June 30, 2014.

^(b)Excludes loss share receivable of $44.0 million as of June 30, 2014.

^(c) Acquired and covered impaired loans were not classified as nonperforming assets at June 30, 2014 as the loans are considered to be performing under ASC 310-30. As a result, interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired and covered impaired loans. These asset quality disclosures are, therefore, not applicable to acquired and covered impaired loans.



As of December 31, 2013
(In thousands)													≥ 90 Days
Originated Loans	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^(a)		Loans
Commercial
C&I	$	8,941	$	994	$	10,622	$	20,557	$	4,119,010	$	4,139,567	$	151	$	11,323
CRE	4,507		2,400		9,688		16,595		2,153,192		2,169,787		460		14,229
Construction	351		21		66		438		338,487		338,925		—		122
Leases	902		—		—		902		238,649		239,551		—		—
Consumer
Installment	15,433		4,050		4,462		23,945		1,703,980		1,727,925		3,735		3,681
Home Equity Lines	1,864		918		965		3,747		916,319		920,066		418		1,819
Credit Cards	729		471		735		1,935		146,378		148,313		404		558
Residential Mortgages	19,858		2,072		9,350		31,280		497,973		529,253		6,008		10,471
Total	$	52,585	$	10,926	$	35,888	$	99,399	$	10,113,988	$	10,213,387	$	11,176	$	42,203

Acquired Loans													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^{( c )}		Loans ^{( c )}
Commercial
C&I	$	1,295	$	862	$	3,744	$	5,901	$	788,178	$	794,079	$	40	$	795
CRE	5,603		5,281		26,366		37,250		881,395		918,645		403		651
Construction	2,675		—		—		2,675		10,571		13,246		—		—
Consumer
Installment	14,528		4,076		3,354		21,958		982,611		1,004,569		2,263		679
Home Equity Lines	4,774		1,933		3,606		10,313		284,111		294,424		1,039		1,300
Residential Mortgages	$	3,918	$	1,426	$	8,063	$	13,407	$	457,245	$	470,652	$	403	$	582
Total	$	32,793	$	13,578	$	45,133	$	91,504	$	3,404,111	$	3,495,615	$	4,148	$	4,007
Covered Loans ^(b)													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing^(c)		Loans ^(c)
Commercial
C&I	$	836	$	1,489	$	12,957	$	15,282	$	60,955	$	76,237	n/a		n/a
CRE	2,855		3,443		103,077		109,375		164,219		273,594		n/a		n/a
Construction	2,191		1,917		20,388		24,496		1,533		26,029		n/a		n/a
Consumer
Installment	33		—		—		33		6,130		6,163		n/a		n/a
Home Equity Lines	544		1,467		1,651		3,662		93,780		97,442		n/a		n/a
Residential Mortgages	7,463		1,565		5,165		14,193		36,485		50,678		n/a		n/a
Total	$	13,922	$	9,881	$	143,238	$	167,041	$	363,102	$	530,143	n/a		n/a

(a) Installment loans 90 days or more past due and accruing include $2.1 million of loans guaranteed by the U.S. government as of December 31, 2013.

(b) Excludes loss share receivable of $61.8 million as of December 31, 2013.

(c) Acquired and covered impaired loans were not classified as nonperforming assets at December 31, 2013 as the loans are considered to be performing under ASC 310-30. As a result, interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired and covered impaired loans. These asset quality disclosures are, therefore, not applicable to acquired and covered impaired loans.



As of June 30, 2013
(In thousands)													≥ 90 Days
Originated Loans	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^(a)		Loans
Commercial
C&I	$	732	$	587	$	3,537	$	4,856	$	3,473,334	$	3,478,190	$	10	$	9,834
CRE	7,950		2,413		11,584		21,947		2,192,910		2,214,857		1,602		18,954
Construction	523		537		430		1,490		303,275		304,765		348		147
Leases	—		—		—		—		188,353		188,353		—		—
Consumer
Installment	9,141		3,080		5,021		17,242		1,479,421		1,496,663		4,184		4,146
Home Equity Lines	1,080		1,048		1,122		3,250		841,801		845,051		710		1,841
Credit Cards	817		350		783		1,950		140,369		142,319		423		433
Residential Mortgages	13,378		3,733		7,138		24,249		438,178		462,427		4,483		10,108
Total	$	33,621	$	11,748	$	29,615	$	74,984	$	9,057,641	$	9,132,625	$	11,760	$	45,463

Acquired Loans													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing^{( c )}		Loans ^{( c )}
Commercial
C&I	$	607	$	85	$	1,914	$	2,606	$	1,157,738	$	1,160,344	$	—	$	2,245
CRE	6,731		6,875		24,775		38,381		1,059,743		1,098,124		—		494
Construction	—		—		724		724		16,051		16,775		724		—
Consumer
Installment	11,576		2,440		2,252		16,268		1,204,792		1,221,060		151		715
Home Equity Lines	4,785		1,579		2,404		8,768		313,427		322,195		—		5,396
Residential Mortgages	14,460		4,036		7,591		26,087		414,307		440,394		45		77
Total	$	38,159	$	15,015	$	39,660	$	92,834	$	4,166,058	$	4,258,892	$	920	$	8,927

Covered Loans ^(b)													≥ 90 Days
	Days Past Due						Total				Total		Past Due and		Nonaccrual
	30-59		60-89		≥ 90		Past Due		Current		Loans		Accruing ^(c)		Loans ^(c)
Commercial
C&I	$	4,451	$	497	$	13,693	$	18,641	$	67,290	$	85,931	n/a		n/a
CRE	5,751		10,666		145,368		161,785		220,306		382,091		n/a		n/a
Construction	1,308		—		32,183		33,491		4,194		37,685		n/a		n/a
Consumer
Installment	17		54		—		71		7,723		7,794		n/a		n/a
Home Equity Lines	1,027		153		1,834		3,014		103,955		106,969		n/a		n/a
Residential Mortgages	8,760		1,538		8,090		18,388		37,668		56,056		n/a		n/a
Total	$	21,314	$	12,908	$	201,168	$	235,390	$	441,136	$	676,526	n/a		n/a

^(a) Installment loans 90 days or more past due and accruing include $3.1 million of loans guaranteed by the U.S. government as of June 30, 2013.

^(b)Excludes loss share receivable of $83.9 million as of June 30, 2013.

^(c) Acquired and covered impaired loans were not classified as nonperforming assets at June 30, 2013 as the loans are considered to be performing under ASC 310-30. As a result interest income, through the accretion of the difference between the carrying amount of the loans and the expected cash flows, is being recognized on all acquired and covered impaired loans. These asset quality disclosures are, therefore, not applicable to acquired and covered impaired loans.

Individual commercial loans are assigned credit risk grades based on an internal assessment of conditions that affect a borrower’s ability to meet its contractual obligation under the loan agreement. The assessment process includes reviewing a borrower’s current financial information, historical payment experience, credit documentation, public information, and other information specific to each borrower. Commercial loans are reviewed on an annual, quarterly or rotational basis or as Management becomes aware of information during a borrower’s ability to fulfill its obligation. For consumer loans, Management evaluates credit quality based on the aging status of the loan as well as by payment activity, which is presented in the above tables.

The credit-risk grading process for commercial loans is summarized as follows:

“Pass” Loans (Grades 1, 2, 3, 4) are not considered a greater than normal credit risk. Generally, the borrowers have the apparent ability to satisfy obligations to the bank, and the Corporation anticipates insignificant uncollectible amounts based on its individual loan review.

“Special-Mention” Loans (Grade 5) are commercial loans that have identified potential weaknesses that deserve Management’s close attention. If left uncorrected, these potential weaknesses may result in noticeable deterioration of the repayment prospects for the asset or in the institution’s credit position.

“Substandard” Loans (Grade 6) are inadequately protected by the current financial condition and paying capacity of the obligor or by any collateral pledged. Loans so classified have a well-defined weakness or weaknesses that may jeopardize the liquidation of the debt pursuant to the contractual principal and interest terms. Such loans are characterized by the distinct possibility that the Corporation may sustain some loss if the deficiencies are not corrected.

“Doubtful” Loans (Grade 7) have all the weaknesses inherent in those classified as substandard, with the added characteristic that existing facts, conditions, and values make collection or liquidation in full highly improbable. Such loans are currently managed separately to determine the highest recovery alternatives.

“Loss” Loans (Grade 8) are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. These loans are charged off when loss is identified.

The following tables provide a summary of commercial loans by portfolio type and the Corporation's internal credit quality rating:



As of June 30, 2014
(In thousands)
	Originated Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	33,855	$	—	$	—	$	9,408
Grade 2	134,682		3,610		—		10,971
Grade 3	1,100,807		290,652		36,954		55,648
Grade 4	3,439,210		1,725,808		371,488		236,324
Grade 5	100,776		29,382		—		7,092
Grade 6	48,285		48,566		1,424		352
Grade 7	—		—		—		—
Total	$	4,857,615	$	2,098,018	$	409,866	$	319,795

	Acquired Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	700	$	—	$	—	$	—
Grade 2	—		—		—		—
Grade 3	35,608		26,652		—		—
Grade 4	553,293		651,011		13,899		—
Grade 5	41,213		50,267		—		—
Grade 6	29,447		55,813		—		—
Grade 7	—		—		—		—
Total	$	660,261	$	783,743	$	13,899	$	—

	Covered Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	1,015		—		—		—
Grade 3	—		—		—		—
Grade 4	38,892		104,455		707		—
Grade 5	999		3,984		—		—
Grade 6	15,517		108,637		18,045		—
Grade 7	—		180		349		—
Total	$	56,423	$	217,256	$	19,101	$	—



As of December 31, 2013
(In thousands)
	Originated Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	34,909	$	241	$	—	$	9,271
Grade 2	108,709		3,730		—		2,900
Grade 3	802,624		315,150		25,632		54,446
Grade 4	3,083,458		1,759,383		306,795		167,022
Grade 5	71,857		34,969		267		5,750
Grade 6	38,010		56,314		6,231		162
Grade 7	—		—		—		—
Total	$	4,139,567	$	2,169,787	$	338,925	$	239,551

	Acquired Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	1,741		703		—		—
Grade 3	79,634		29,224		—		—
Grade 4	643,495		722,307		13,246		—
Grade 5	46,807		93,499		—		—
Grade 6	22,402		72,912		—		—
Grade 7	—		—		—		—
Total	$	794,079	$	918,645	$	13,246	$	—

	Covered Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	968		—		—		—
Grade 3	—		—		—		—
Grade 4	41,115		113,863		601		—
Grade 5	427		6,219		—		—
Grade 6	31,621		153,318		23,208		—
Grade 7	2,106		194		2,220		—
Total	$	76,237	$	273,594	$	26,029	$	—



As of June 30, 2013
(In thousands)
	Originated Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	40,185	$	1,250	$	—	$	12,815
Grade 2	124,748		3,859		—		709
Grade 3	721,517		297,052		19,119		36,743
Grade 4	2,483,972		1,826,543		282,034		134,834
Grade 5	41,698		32,705		1,363		3,042
Grade 6	66,070		53,448		2,249		210
Grade 7	—		—		—		—
Grade 8	—		—		—		—
Total	$	3,478,190	$	2,214,857	$	304,765	$	188,353
Acquired Loans
	Acquired Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	107		—		—		—
Grade 3	24,511		28,509		—		—
Grade 4	1,050,350		848,214		15,558		—
Grade 5	58,399		125,154		1,217		—
Grade 6	26,977		96,247		—		—
Grade 7	—		—		—		—
Grade 8	—		—		—		—
Total	$	1,160,344	$	1,098,124	$	16,775	$	—

	Covered Commercial Loans
	C&I		CRE		Construction		Leases
Grade 1	$	—	$	—	$	—	$	—
Grade 2	1,001		—		—		—
Grade 3	—		—		—		—
Grade 4	44,148		131,889		556		—
Grade 5	661		24,255		1,364		—
Grade 6	38,065		224,533		33,856		—
Grade 7	2,056		1,414		1,909		—
Grade 8	—		—		—		—
Total	$	85,931	$	382,091	$	37,685	$	—