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Allowance For Loan & Lease Losses
 6 Months Ended
Jun. 30, 2014
Allowance For Loan And Lease Losses [Abstract]  
Allowance For Loan And Lease Losses

NOTE 4. Allowance for Loan and Lease Losses

 

In establishing the allowance for credit losses, Susquehanna estimates losses attributable to specific impaired credits identified through the credit review processes and also estimates losses inherent in other loans and leases on a collective basis. For purposes of determining the level of the allowance for credit losses, Susquehanna evaluates its loan and lease portfolio by loan type. The losses provisioned for in Susquehanna's allowance for loan loss is determined through a loan by loan analysis of larger balance commercial and commercial real estate loans that show signs of credit deterioration and by applying loss factors to groups of loan balances based on loan type and management's classification of such loans under the Susquehanna's loan grading system, adjusted for qualitative considerations.  In determining the allowance for credit losses, Susquehanna utilizes an internal loan grading system for its commercial portfolio.  The internal loan gradings are monitored by Susquehanna's loan review department.  Additionally, loans that are part of a relationship of over $1.0 million and have a rating of substandard, special mention, and pass that are on the company's watch list, are reviewed on a quarterly basis at Susquehanna's Loan Quality Review Committee.  Factors considered at the Loan Quality Review meetings include the financial statements of the borrower, the borrower's global cash flow, guarantees, and underlying collateral valuations.

  An analysis of the allowance for loan and lease losses for the three and six months ended June 30, 2014 and 2013 are presented in the following tables:
                            
     Three Months Ended June 30, 2014
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at April 1, 2014$48,016 $21,718 $22,078 $44,486 $2,097 $14,788 $967 $154,150
 Charge-offs (9,094)  (339)  (3,290)  (1,077)  (1,341)  (801)  0  (15,942)
 Recoveries 1,820  796  837  347  328  383  0  4,511
 Transfer for loans designated as held for sale 0  0  0  0  (1,236)  0  0  (1,236)
 Provision 659  (3,995)  1,751  3,196  1,428  (495)  456  3,000
Balance at June 30, 2014$41,401 $18,180 $21,376 $46,952 $1,276 $13,875 $1,423 $144,483
                            
     Six Months Ended June 30, 2014
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at January 1, 2014$40,590 $26,189 $24,076 $48,261 $2,266 $15,259 $967 $157,608
 Charge-offs (13,608)  (630)  (7,120)  (3,684)  (2,579)  (1,721)  0  (29,342)
 Recoveries 3,152  1,178  1,871  820  711  721  0  8,453
 Transfer for loans designated as held for sale 0  0  0  0  (1,236)  0  0  (1,236)
 Provision 11,267  (8,557)  2,549  1,555  2,114  (384)  456  9,000
Balance at June 30, 2014$41,401 $18,180 $21,376 $46,952 $1,276 $13,875 $1,423 $144,483
                            
Balance at June 30, 2014                       
 Individually evaluated for impairment:                       
   Originated loans and leases$4,281 $704 $2,181 $4,276 $114 $0    $11,556
   Purchased loans and leases 26  0  453  922  0  0     1,401
    Total$4,307 $704 $2,634 $5,198 $114 $0    $12,957
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$37,094 $17,476 $18,742 $41,754 $1,162 $13,875 $1,423 $131,526
   Purchased loans and leases 0  0  0  0  0  0  0  0
    Total$37,094 $17,476 $18,742 $41,754 $1,162 $13,875 $1,423 $131,526
                            
Financing receivables:                       
Balance at June 30, 2014$2,422,931 $748,181 $4,178,842 $4,053,990 $962,618 $1,300,591    $13,667,153
                            
Balance at June 30, 2014                       
 Individually evaluated for impairment:                       
   Originated loans and leases$16,378 $3,283 $24,201 $47,167 $1,046 $0    $92,075
   Purchased loans and leases 9,851  10,495  20,431  72,217  3  0     112,997
    Total$26,229 $13,778 $44,632 $119,384 $1,049 $0    $205,072
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$2,262,865 $686,743 $3,560,563 $3,301,084 $955,353 $1,300,591    $12,067,199
   Purchased loans and leases 133,837  47,660  573,647  633,522  6,216  0     1,394,882
    Total$2,396,702 $734,403 $4,134,210 $3,934,606 $961,569 $1,300,591    $13,462,081

     Three Months Ended June 30, 2013
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at April 1, 2013$30,462 $25,549 $36,542 $66,977 $2,997 $13,714 $136 $176,377
 Charge-offs (10,829)  (1,170)  (2,607)  (842)  (788)  (1,202)  0  (17,438)
 Recoveries 2,040  1,725  601  2,083  239  967  0  7,655
 Provision 8,564  (2,536)  3,180  609  707  1,271  205  12,000
Balance at June 30, 2013$30,237 $23,568 $37,716 $68,827 $3,155 $14,750 $341 $178,594
                            
     Six Months Ended June 30, 2013
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at January 1, 2013$30,207 $25,171 $41,276 $70,053 $3,722 $13,341 $250 $184,020
 Charge-offs (20,866)  (5,933)  (5,620)  (5,445)  (1,346)  (2,321)  0  (41,531)
 Recoveries 4,036  2,187  1,252  2,805  561  1,264  0  12,105
 Provision 16,860  2,143  808  1,414  218  2,466  91  24,000
Balance at June 30, 2013$30,237 $23,568 $37,716 $68,827 $3,155 $14,750 $341 $178,594
                            
Balance at June 30, 2013                       
 Individually evaluated for impairment:                       
   Originated loans and leases$3,007 $1,145 $3,629 $5,155 $145 $0    $13,081
   Purchased loans and leases 0  0  0  0  0  0     0
    Total$3,007 $1,145 $3,629 $5,155 $145 $0    $13,081
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$27,104 $22,013 $26,965 $61,997 $3,010 $14,750 $341 $156,180
   Purchased loans and leases 126  410  7,122  1,675  0  0  0  9,333
    Total$27,230 $22,423 $34,087 $63,672 $3,010 $14,750 $341 $165,513
                            
Financing receivables:                       
Balance at June 30, 2013$2,289,159 $769,722 $4,098,938 $4,029,454 $908,328 $1,062,161    $13,157,762
                            
Balance at June 30, 2013                       
 Individually evaluated for impairment:                       
   Originated loans and leases$10,905 $10,948 $31,226 $63,615 $1,334 $0    $118,028
   Purchased loans and leases 13,899  13,355  39,713  74,402  117  0     141,486
    Total$24,804 $24,303 $70,939 $138,017 $1,451 $0    $259,514
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$2,142,345 $649,535 $3,211,466 $3,218,759 $898,527 $1,062,161    $11,182,793
   Purchased loans and leases 122,010  95,884  816,533  672,678  8,350  0     1,715,455
    Total$2,264,355 $745,419 $4,027,999 $3,891,437 $906,877 $1,062,161    $12,898,248