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Allowance For Loan & Lease Losses
 9 Months Ended
Sep. 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 nine months ended September 30, 2014 and 2013 are presented in the following tables:
                            
     Three Months Ended September 30, 2014
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at July 1, 2014$41,401 $18,180 $21,376 $46,952 $1,276 $13,875 $1,423 $144,483
 Charge-offs (9,398)  (1,038)  (3,020)  (5,144)  (891)  (1,478)  0  (20,969)
 Recoveries 1,329  262  471  1,317  277  700  0  4,356
 Transfer for loans designated as held for sale 0  0  0  0  0  0  0  0
 Provision 12,540  (3,606)  2,264  (1,359)  636  (228)  (1,247)  9,000
Balance at September 30, 2014$45,872 $13,798 $21,091 $41,766 $1,298 $12,869 $176 $136,870
                            
     Nine Months Ended September 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 (23,006)  (1,668)  (10,140)  (8,828)  (3,470)  (3,199)  0  (50,311)
 Recoveries 4,481  1,440  2,342  2,137  988  1,421  0  12,809
 Transfer for loans designated as held for sale 0  0  0  0  (1,236)  0  0  (1,236)
 Provision 23,807  (12,163)  4,813  196  2,750  (612)  (791)  18,000
Balance at September 30, 2014$45,872 $13,798 $21,091 $41,766 $1,298 $12,869 $176 $136,870
                            
Balance at September 30, 2014                       
 Individually evaluated for impairment:                       
   Originated loans and leases$6,089 $656 $2,076 $1,845 $114 $0    $10,780
   Purchased loans and leases 26  0  1,133  455  0  0     1,614
    Total$6,115 $656 $3,209 $2,300 $114 $0    $12,394
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$39,757 $13,142 $17,882 $39,466 $1,184 $12,869 $176 $124,476
   Purchased loans and leases 0  0  0  0  0  0  0  0
    Total$39,757 $13,142 $17,882 $39,466 $1,184 $12,869 $176 $124,476
                            
Financing receivables:                       
Balance at September 30, 2014$2,362,201 $817,492 $4,172,943 $4,016,635 $730,687 $1,325,763    $13,425,721
                            
Balance at September 30, 2014                       
 Individually evaluated for impairment:                       
   Originated loans and leases$20,435 $3,307 $23,689 $52,832 $1,049 $0    $101,312
   Purchased loans and leases 6,344  7,343  20,116  73,030  2  0     106,835
    Total$26,779 $10,650 $43,805 $125,862 $1,051 $0    $208,147
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$2,209,028 $761,491 $3,577,869 $3,293,267 $724,439 $1,325,763    $11,891,857
   Purchased loans and leases 126,394  45,351  551,269  597,506  5,197  0     1,325,717
    Total$2,335,422 $806,842 $4,129,138 $3,890,773 $729,636 $1,325,763    $13,217,574

     Three Months Ended September 30, 2013
           Real Estate Real Estate            
        Real Estate - Secured -  Secured -             
     Commercial Construction Residential Commercial Consumer Leases Unallocated Total
Allowance for credit losses:                       
Balance at July 1, 2013$30,237 $23,568 $37,716 $68,827 $3,155 $14,750 $341 $178,594
 Charge-offs (5,892)  (8,103)  (4,151)  (6,043)  (1,051)  (694)  0  (25,934)
 Recoveries 2,161  1,599  627  4,036  325  332  0  9,080
 Provision 4,491  6,910  (4,995)  (1,602)  (479)  640  35  5,000
Balance at September 30, 2013$30,997 $23,974 $29,197 $65,218 $1,950 $15,028 $376 $166,740
                            
     Nine Months Ended September 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 (26,758)  (14,036)  (9,771)  (11,488)  (2,397)  (3,015)  0  (67,465)
 Recoveries 6,197  3,786  1,879  6,841  886  1,596  0  21,185
 Provision 21,351  9,053  (4,187)  (188)  (261)  3,106  126  29,000
Balance at September 30, 2013$30,997 $23,974 $29,197 $65,218 $1,950 $15,028 $376 $166,740
                            
Balance at September 30, 2013                       
 Individually evaluated for impairment:                       
   Originated loans and leases$1,853 $1,762 $1,440 $6,614 $49 $0    $11,718
   Purchased loans and leases 1,276  343  1,175  792  1  0     3,587
    Total$3,129 $2,105 $2,615 $7,406 $50 $0    $15,305
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$26,916 $21,839 $26,596 $58,772 $1,908 $15,028 $376 $151,435
   Purchased loans and leases 0  0  0  0  0  0  0  0
    Total$26,916 $21,839 $26,596 $58,772 $1,908 $15,028 $376 $151,435
                            
Financing receivables:                       
Balance at September 30, 2013$2,273,735 $765,246 $4,145,522 $4,109,329 $935,117 $1,147,505    $13,376,454
                            
Balance at September 30, 2013                       
 Individually evaluated for impairment:                       
   Originated loans and leases$12,236 $13,905 $33,910 $64,143 $1,730 $0    $125,924
   Purchased loans and leases 16,199  12,320  29,274  80,446  264  0     138,503
    Total$28,435 $26,225 $63,184 $144,589 $1,994 $0    $264,427
                            
 Collectively evaluated for impairment:                       
   Originated loans and leases$2,133,682 $660,317 $3,317,817 $3,311,119 $926,099 $1,147,505    $11,496,539
   Purchased loans and leases 111,618  78,704  764,521  653,621  7,024  0     1,615,488
    Total$2,245,300 $739,021 $4,082,338 $3,964,740 $933,123 $1,147,505    $13,112,027