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LOANS (Tables)
 12 Months Ended
Dec. 31, 2013
Loans and Leases Receivable Disclosure [Abstract]  
Loan and lease classifications
The following tables present loan classifications:

December 31, 2013
Performing
 
Non-Performing
 
 
(dollars in thousands)
Pass Rated
 
Special Mention
 
Classified
 
 
Total
Commercial and industrial
$
2,327,344

 
$
38,873

 
$
79,179

 
$
15,268

 
$
2,460,664

 
 
 
 
 
 
 
 
 
 
CRE - permanent
944,589

 
9,191

 
36,272

 
4,786

 
994,838

CRE - construction
167,710

 
2,962

 
15,534

 
12,128

 
198,334

Commercial real estate
1,112,299

 
12,153

 
51,806

 
16,914

 
1,193,172

 
 
 
 
 
 
 
 
 
 
Residential mortgages
636,829

 
—

 
2,243

 
13,153

 
652,225

Home equity
757,064

 
—

 
137

 
5,407

 
762,608

All other consumer
256,957

 
160

 
5,633

 
1,849

 
264,599

Consumer
1,650,850

 
160

 
8,013

 
20,409

 
1,679,432

 
 
 
 
 
 
 
 
 
 
Loans
$
5,090,493

 
$
51,186

 
$
138,998

 
$
52,591

 
$
5,333,268

 
 
 
 
 
 
 
 
 
 
Percent of loans
95.45
%
 
0.96
%
 
2.60
%
 
0.99
%
 
100.00
%
 
 
 
 
 
 
 
 
 
 
December 31, 2012
Performing
 
Non-Performing
 
 

(dollars in thousands)
Pass Rated
 
Special Mention
 
Classified
 
 
Total
Commercial and industrial
$
2,282,734

 
$
60,809

 
$
126,195

 
$
26,117

 
$
2,495,855

 
 
 
 
 
 
 
 
 
 
CRE - permanent
836,212

 
19,469

 
46,208

 
5,871

 
907,760

CRE - construction
85,085

 
6,351

 
28,996

 
5,446

 
125,878

Commercial real estate
921,297

 
25,820

 
75,204

 
11,317

 
1,033,638

 
 
 
 
 
 
 
 
 
 
Residential mortgages
661,226

 
—

 
38

 
10,508

 
671,772

Home equity
749,459

 
—

 
666

 
4,261

 
754,386

All other consumer
262,174

 
1,740

 
5,282

 
1,705

 
270,901

Consumer
1,672,859

 
1,740

 
5,986

 
16,474

 
1,697,059

 
 
 
 
 
 
 
 
 
 
Loans
$
4,876,890

 
$
88,369

 
$
207,385

 
$
53,908

 
$
5,226,552

 
 
 
 
 
 
 
 
 
 
Percent of loans
93.31
%
 
1.69
%
 
3.97
%
 
1.03
%
 
100.00
%

Loans include overdrafts of $1.1 million at December 31, 2013 and $1.2 million at December 31, 2012.

Unamortized loan origination costs, net of fees, were $5.8 million and $5.0 million at December 31, 2013 and 2012, respectively, and are included in the stated balance of loans on the Company's balance sheets.

As of December 31, 2013 and 2012, direct finance leases totaled $0.2 million and $1.6 million, respectively, and were included in commercial and industrial loans in the tables above.

Past due loans and leases
The following table represents the details for past due loans:
 
December 31, 2013
Past Due and Still Accruing
 
Accruing Current Balances
 
Non-Accrual
Balances (j)
 
Total Balances
(dollars in thousands)
30-59 Days
 
60-89 Days
 
90 Days or
More (i)
 
Total
 
 
 
Commercial and industrial
$
3,362

 
$
1,520

 
$
11

 
$
4,893

 
$
2,440,836

 
$
14,935

 
$
2,460,664

 
 
 
 
 
 
 
 
 
 
 
 
 
 
CRE - permanent
6,191

 
181

 
—

 
6,372

 
984,208

 
4,258

 
994,838

CRE - construction
373

 
—

 
—

 
373

 
185,833

 
12,128

 
198,334

Commercial real estate
6,564

 
181

 
—

 
6,745

 
1,170,041

 
16,386

 
1,193,172

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgages
4,509

 
774

 
2,197

 
7,480

 
637,708

 
7,037

 
652,225

Home equity
4,383

 
1,101

 
140

 
5,624

 
752,197

 
4,787

 
762,608

All other consumer
2,761

 
814

 
1,118

 
4,693

 
258,175

 
1,731

 
264,599

Consumer
11,653

 
2,689

 
3,455

 
17,797

 
1,648,080

 
13,555

 
1,679,432

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans
$
21,579

 
$
4,390

 
$
3,466

 
$
29,435

 
$
5,258,957

 
$
44,876

 
$
5,333,268

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Percent of loans
0.40
%
 
0.08
%
 
0.07
%
 
0.55
%
 
 

 
0.84
%
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
Past Due and Still Accruing
 
Accruing Current Balances
 
Non-Accrual
Balances (j)
 
 
(dollars in thousands)
30-59 Days
 
60-89 Days
 
90 Days or More (i)
 
Total
 
 
 
Total Balances
Commercial and industrial
$
4,026

 
$
1,685

 
$
32

 
$
5,743

 
$
2,465,459

 
$
24,653

 
$
2,495,855

 
 
 
 
 
 
 
 
 
 
 
 
 
 
CRE - permanent
1,333

 
330

 
3

 
1,666

 
903,110

 
2,984

 
907,760

CRE - construction
651

 
485

 
—

 
1,136

 
119,296

 
5,446

 
125,878

Commercial real estate
1,984

 
815

 
3

 
2,802

 
1,022,406

 
8,430

 
1,033,638

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgages
3,826

 
394

 
38

 
4,258

 
660,448

 
7,066

 
671,772

Home equity
3,705

 
1,818

 
666

 
6,189

 
744,505

 
3,692

 
754,386

All other consumer
3,054

 
714

 
1,288

 
5,056

 
264,140

 
1,705

 
270,901

Consumer
10,585

 
2,926

 
1,992

 
15,503

 
1,669,093

 
12,463

 
1,697,059

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans
$
16,595

 
$
5,426

 
$
2,027

 
$
24,048

 
$
5,156,958

 
$
45,546

 
$
5,226,552

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Percent of loans
0.32
%
 
0.10
%
 
0.04
%
 
0.46
%
 
 

 
0.87
%
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(i) Loans 90 days or more past due remain on accrual status if they are well secured and collection of all principal and interest is probable.
(j) At December 31, 2013, non-accrual balances included troubled debt restructurings of $7.7 million of commercial and industrial loans, $6.5 million of commercial real estate loans, and $3.0 million of consumer loans. At December 31, 2012, non-accrual balances included troubled debt restructurings of $5.0 million of commercial real estate and $20.6 million of commercial and industrial loans.


Changes in the allowance for loan and lease losses by loan portfolio
Changes in the allowance for loan losses are summarized as follows:
(dollars in thousands)
Year Ended December 31,
 
2013
 
2012
 
2011
Beginning allowance
$
110,955

 
$
126,640

 
$
150,054

Provision for loan losses
5,250

 
8,000

 
15,000

Recoveries
5,155

 
4,813

 
9,121

Charge-offs
(24,993
)
 
(28,498
)
 
(47,535
)
Net Charge-offs
(19,838
)
 
(23,685
)
 
(38,414
)
Ending allowance
$
96,367

 
$
110,955

 
$
126,640


Additional details for changes in the allowance for loan losses by loan portfolio are as follows:
December 31, 2013
 
 
 
 
 

 
 

 
 

(dollars in thousands)
Commercial and Industrial (k)
 
Commercial Real Estate (l)
 
Consumer (m)
 
Unallocated
 
Total
Allowance for loan losses:
 
 
 

 
 

 
 

 
 

Beginning balance
$
46,151

 
$
29,295

 
$
23,101

 
$
12,408

 
$
110,955

Charge-offs
(14,164
)
 
(2,421
)
 
(8,408
)
 
—

 
(24,993
)
Recoveries
2,014

 
1,142

 
1,999

 
—

 
5,155

Provision
7,287

 
(5,363
)
 
4,786

 
(1,460
)
 
5,250

Ending balance
$
41,288

 
$
22,653

 
$
21,478

 
$
10,948

 
$
96,367

Allowance for loan losses:
 
 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
3,997

 
$
2,487

 
$
1,820

 
$
—

 
$
8,304

Collectively evaluated for impairment
37,291

 
20,166

 
19,658

 
10,948

 
88,063

Total allowance for loan losses
$
41,288

 
$
22,653

 
$
21,478

 
$
10,948

 
$
96,367

Loans:
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
15,268

 
$
21,995

 
$
20,453

 
$
—

 
$
57,716

Collectively evaluated for impairment
2,445,396

 
1,171,177

 
1,658,979

 
—

 
5,275,552

Loans
$
2,460,664

 
$
1,193,172

 
$
1,679,432

 
$
—

 
$
5,333,268

 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
 
 
 

 
 

 
 

(dollars in thousands)
Commercial and Industrial (k)
 
Commercial Real Estate (l)
 
Consumer (m)
 
Unallocated
 
Total
Allowance for loan losses:
 
 
 

 
 

 
 

 
 

Beginning balance
$
55,815

 
$
40,722

 
$
19,660

 
$
10,443

 
$
126,640

Charge-offs
(12,209
)
 
(6,818
)
 
(9,471
)
 
—

 
(28,498
)
Recoveries
1,943

 
962

 
1,908

 
—

 
4,813

Provision
602

 
(5,571
)
 
11,004

 
1,965

 
8,000

Ending balance
$
46,151

 
$
29,295

 
$
23,101

 
$
12,408

 
$
110,955

Allowance for loan losses:
 
 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,644

 
$
406

 
$
1,060

 
$
—

 
$
3,110

Collectively evaluated for impairment
44,507

 
28,889

 
22,041

 
12,408

 
107,845

Total allowance for loan losses
$
46,151

 
$
29,295

 
$
23,101

 
$
12,408

 
$
110,955

Loans:
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
26,117

 
$
13,657

 
$
16,474

 
$
—

 
$
56,248

Collectively evaluated for impairment
2,469,738

 
1,019,981

 
1,680,585

 
—

 
5,170,304

Loans
$
2,495,855

 
$
1,033,638

 
$
1,697,059

 
$
—

 
$
5,226,552

 
 
 
 
 
 
 
 
 
 
(k) Commercial includes all C&I loans, including those secured by real estate.
(l) CRE is defined as loans secured by non-owner occupied real estate which have a primary source of repayment of third-party rental income or the sale of the property securing the loan.
(m) Consumer loans include direct consumer loans, indirect consumer loans, consumer lines of credit, and overdrafts.
Impaired and restructured loans and lease losses
    Impaired loan details are as follows:
December 31, 2013
 
 
 
 
 
 
 
 
Recorded Investment
 
 
 
 
 
 
(dollars in thousands)
With Related Allowance
 
Without Related
Allowance
 
Total
 
Life-to-Date Charge-Offs
 
Total Unpaid Balances
 
Related Allowance
Commercial and industrial
$
8,457

 
$
6,811

 
$
15,268

 
$
5,599

 
$
20,867

 
$
3,997

 
 
 
 
 
 
 
 
 
 
 
 
CRE - permanent
5,995

 
3,872

 
9,867

 
6,441

 
16,308

 
1,073

CRE - construction
9,729

 
2,399

 
12,128

 
6,633

 
18,761

 
1,414

Commercial real estate
15,724

 
6,271

 
21,995

 
13,074

 
35,069

 
2,487

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgages
6,088

 
7,109

 
13,197

 
800

 
13,997

 
1,589

Home equity
609

 
4,798

 
5,407

 
515

 
5,922

 
203

All other consumer
118

 
1,731

 
1,849

 
61

 
1,910

 
28

Consumer
6,815

 
13,638

 
20,453

 
1,376

 
21,829

 
1,820

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
30,996

 
$
26,720

 
$
57,716

 
$
20,049

 
$
77,765

 
$
8,304

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 

 
 
 
 

 
 

 
Recorded Investment
 
 
 
 
 
 
(dollars in thousands)
 With Related Allowance
 
 Without Related Allowance
 
Total
 
Life-to-Date Charge-Offs
 
Total Unpaid Balances
 
Related Allowance
Commercial and industrial
$
4,326

 
$
21,791

 
$
26,117

 
$
3,700

 
$
29,817

 
$
1,644

 
 
 
 
 
 
 
 
 
 
 
 
CRE - permanent
1,241

 
6,970

 
8,211

 
5,766

 
13,977

 
76

CRE - construction
809

 
4,637

 
5,446

 
10,230

 
15,676

 
330

Commercial real estate
2,050

 
11,607

 
13,657

 
15,996

 
29,653

 
406

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgages
3,413

 
7,095

 
10,508

 
922

 
11,430

 
880

Home equity
547

 
3,714

 
4,261

 
286

 
4,547

 
180

All other consumer
—

 
1,705

 
1,705

 
61

 
1,766

 
—

Consumer
3,960

 
12,514

 
16,474

 
1,269

 
17,743

 
1,060

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
10,336

 
$
45,912

 
$
56,248

 
$
20,965

 
$
77,213

 
$
3,110


    

4. LOANS - Continued

Additional impaired loan details are as followed:
 
December 31,
(dollars in thousands)
2013
 
2012
 
2011
 
Average Recorded
Investment
 
Interest Income
Recognized (n)
 
Average Recorded
Investment
 
Interest Income
Recognized (n)
 
Average Recorded
Investment
 
Interest Income
Recognized (n)
Commercial and industrial
$
25,838

 
$
77

 
$
31,392

 
$
12

 
$
31,845

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
CRE - permanent
9,584

 
31

 
7,352

 
215

 
14,079

 
41

CRE - construction
7,320

 
70

 
9,008

 
—

 
15,560

 
—

Commercial real estate
16,904

 
101

 
16,360

 
215

 
29,639

 
41

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgages
11,267

 
105

 
8,111

 
64

 
6,479

 
24

Home equity
4,994

 
11

 
3,507

 
8

 
2,244

 
5

All other consumer
1,758

 
1

 
1,987

 
—

 
2,025

 
—

Consumer
18,019

 
117

 
13,605

 
72

 
10,748

 
29

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
60,761

 
$
295

 
$
61,357

 
$
299

 
$
72,232

 
$
70

 
 
 
 
 
 
 
 
 
 
 
 
(n) Interest income recognized for the years ended December 31, 2013, 2012, and 2011, primarily represent amounts earned on accruing TDRs.
Detail of loans which experienced troubled debt restructuring and are performing according to modified terms
The following table presents details of the Company's loans which experienced a troubled debt restructuring and are performing according to the modified terms. The Company's restructured loans are included within non-performing loans and impaired loans in the preceding tables.
(dollars in thousands)
December 31,
 
2013
 
2012
Commercial and industrial
$
333

 
$
1,464

CRE - permanent
528

 
2,887

Residential mortgages
6,116

 
3,442

Home equity
620

 
569

All other consumer
118

 
—

Total restructured loans
$
7,715

 
$
8,362

 
 
 
 
Undrawn commitments to lend on restructured loans
$
—

 
$
—
Other Real Estate Owned and Repossessed Assets [Text Block]
Other real estate owned and repossessed assets are as follows:
(dollars in thousands)
December 31,
 
2013
 
2012
Other real estate owned
$
892

 
$
2,515

Repossessed assets
386

 
514

Total other real estate and repossessed assets
$
1,278

 
$
3,029