XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.1
LOANS AND LEASES (Tables)
 3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
Financial Receivable Credit Quality Indicators
The following table sets forth the Company's loan portfolio at March 31, 2022 by risk attribute and origination date:
(Dollars in thousands)20222021202020192018PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$150,380 $674,218 $431,251 $306,741 $149,846 $244,872 $1,957,308 $771,029 $2,728,337 
Special mention0 366 4,536 5,619 14,446 4,512 29,479 13,895 43,374 
Substandard446 1,977 372 3,037 1,132 11,493 18,457 8,410 26,867 
Doubtful0 0 0 0 0 1,631 1,631 0 1,631 
Total$150,826 $676,561 $436,159 $315,397 $165,424 $262,508 $2,006,875 $793,334 $2,800,209 
Lease financing
Pass$12,252 $34,717 $24,430 $20,619 $16,885 $11,283 $120,186 $0 $120,186 
(Dollars in thousands)20222021202020192018PriorTerm TotalRevolvingTotal
Special mention005,6810005,68105,681 
Substandard000000000
Doubtful000000000 
Total$12,252 $34,717 $30,111 $20,619 $16,885 $11,283 $125,867 $0 $125,867 
Construction real estate
Pass$8,621 $184,917 $149,551 $78,048 $10,417 $12,178 $443,732 $20,477 $464,209 
Special mention0 0 6,531 0 9,004 0 15,535 0 15,535 
Substandard0 0 0 0 0 0 0 0 0 
Doubtful0 0 0 0 0 0 0 0 0 
Total$8,621 $184,917 $156,082 $78,048 $19,421 $12,178 $459,267 $20,477 $479,744 
Commercial real estate - investor
Pass$71,292 $552,818 $355,042 $861,599 $379,791 $663,270 $2,883,812 $37,072 $2,920,884 
Special mention0 0 20,438 27,176 17,903 27,716 93,233 0 93,233 
Substandard0 1,550 6 22,638 3,816 16,992 45,002 0 45,002 
Doubtful0 0 0 0 2,546 0 2,546 0 2,546 
Total$71,292 $554,368 $375,486 $911,413 $404,056 $707,978 $3,024,593 $37,072 $3,061,665 
Commercial real estate - owner
Pass$20,749 $171,894 $176,879 $113,416 $129,873 $316,827 $929,638 $9,121 $938,759 
Special mention0 295 2,261 2,577 3,603 3,287 12,023 0 12,023 
Substandard0 1,467 423 718 12,334 4,095 19,037 0 19,037 
Doubtful0 0 0 0 0 0 0 0 0 
Total$20,749 $173,656 $179,563 $116,711 $145,810 $324,209 $960,698 $9,121 $969,819 
Residential real estate
Performing$52,459 $262,465 $222,466 $129,617 $59,558 $182,217 $908,782 $0 $908,782 
Nonperforming0 268 466 1,168 643 2,511 5,056 0 5,056 
Total$52,459 $262,733 $222,932 $130,785 $60,201 $184,728 $913,838 $0 $913,838 
Home equity
Performing$6,787 $38,358 $43,585 $14,145 $10,466 $34,215 $147,556 $556,832 $704,388 
Nonperforming0 21 117 41 19 432 630 2,955 3,585 
Total$6,787 $38,379 $43,702 $14,186 $10,485 $34,647 $148,186 $559,787 $707,973 
Installment
Performing$17,114 $51,736 $11,031 $7,034 $4,678 $5,327 $96,920 $34,866 $131,786 
Nonperforming0 229 0 24 33 48 334 77 411 
Total$17,114 $51,965 $11,031 $7,058 $4,711 $5,375 $97,254 $34,943 $132,197 
Credit cards
Performing$0 $0 $0 $0 $0 $0 $0 $49,719 $49,719 
Nonperforming0 0 0 0 0 0 0 586 586 
Total$0 $0 $0 $0 $0 $0 $0 $50,305 $50,305 
Grand Total$340,100 $1,977,296 $1,455,066 $1,594,217 $826,993 $1,542,906 $7,736,578 $1,505,039 $9,241,617 

The following table sets forth the Company's loan portfolio at December 31, 2021 by risk attribute and origination date:
(Dollars in thousands)20212020201920182017PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$711,198 $442,064 $339,507 $164,273 $119,580 $154,835 $1,931,457 $700,246 $2,631,703 
Special mention389 4,867 5,993 16,057 6,511 4,918 38,735 21,505 60,240 
(Dollars in thousands)20212020201920182017PriorTerm TotalRevolvingTotal
Substandard2,220 434 2,843 1,224 12,640 1,465 20,826 7,259 28,085 
Doubtful0 0 0 0 0 0 0 0 0 
Total$713,807 $447,365 $348,343 $181,554 $138,731 $161,218 $1,991,018 $729,010 $2,720,028 
Lease financing
Pass$31,697 $21,536 $19,095 $15,494 $6,821 $4,765 $99,408 $0 $99,408 
Special mention010,216000010,216010,216 
Substandard000000000
Doubtful000000000 
Total$31,697 $31,752 $19,095 $15,494 $6,821 $4,765 $109,624 $0 $109,624 
Construction real estate
Pass$95,991 $200,421 $96,726 $15,886 $317 $12,719 $422,060 $18,299 $440,359 
Special mention0 6,531 0 9,004 0 0 15,535 0 15,535 
Substandard0 0 0 0 0 0 0 0 0 
Doubtful0 0 0 0 0 0 0 0 0 
Total$95,991 $206,952 $96,726 $24,890 $317 $12,719 $437,595 $18,299 $455,894 
Commercial real estate - investor
Pass$537,183 $379,217 $944,915 $367,946 $294,147 $434,641 $2,958,049 $66,579 $3,024,628 
Special mention0 7,479 18,136 18,006 15,566 34,153 93,340 0 93,340 
Substandard1,616 6 21,312 6,628 6,918 307 36,787 0 36,787 
Doubtful0 0 0 0 0 0 0 0 0 
Total$538,799 $386,702 $984,363 $392,580 $316,631 $469,101 $3,088,176 $66,579 $3,154,755 
Commercial real estate - owner
Pass$204,291 $184,564 $121,150 $135,463 $119,489 $259,504 $1,024,461 $7,565 $1,032,026 
Special mention970 2,283 2,262 3,751 1,381 5,512 16,159 0 16,159 
Substandard162 727 6,541 12,513 1,730 1,963 23,636 38 23,674 
Doubtful0 0 0 0 0 0 0 0 0 
Total$205,423 $187,574 $129,953 $151,727 $122,600 $266,979 $1,064,256 $7,603 $1,071,859 
Residential real estate
Performing$258,537 $230,699 $138,239 $64,310 $34,606 $162,924 $889,315 $0 $889,315 
Nonperforming236 970 1,193 598 339 3,418 6,754 0 6,754 
Total$258,773 $231,669 $139,432 $64,908 $34,945 $166,342 $896,069 $0 $896,069 
Home equity
Performing$42,298 $45,638 $14,713 $11,221 $7,603 $30,588 $152,061 $553,245 $705,306 
Nonperforming72 161 44 67 56 234 634 2,459 3,093 
Total$42,370 $45,799 $14,757 $11,288 $7,659 $30,822 $152,695 $555,704 $708,399 
Installment
Performing$58,209 $12,768 $8,213 $5,541 $3,925 $2,201 $90,857 $28,353 $119,210 
Nonperforming6 61 32 9 1 56 165 79 244 
Total$58,215 $12,829 $8,245 $5,550 $3,926 $2,257 $91,022 $28,432 $119,454 
Credit cards
Performing$0 $0 $0 $0 $0 $0 $0 $51,772 $51,772 
Nonperforming0 0 0 0 0 0 0 445 445 
Total$0 $0 $0 $0 $0 $0 $0 $52,217 $52,217 
(Dollars in thousands)20212020201920182017PriorTerm TotalRevolvingTotal
Grand Total$1,945,075 $1,550,642 $1,740,914 $847,991 $631,630 $1,114,203 $7,830,455 $1,457,844 $9,288,299 
Loan Delinquency, including Nonaccrual Loans
Loan delinquency, including loans classified as nonaccrual, was as follows:
 As of March 31, 2022
(Dollars in thousands)30 – 59
days
past due		60 – 89
days
past due		> 90 days
past due		Total
past
due		CurrentTotal> 90 days
past due
and still
accruing
Loans       
Commercial & industrial$236 $262 $3,622 $4,120 $2,796,089 $2,800,209 $0 
Lease financing856 270 93 1,219 124,648 125,867 93 
Construction real estate0 0 0 0 479,744 479,744 0 
Commercial real estate-investor16 0 6,403 6,419 3,055,246 3,061,665 0 
Commercial real estate-owner187 0 2,269 2,456 967,363 969,819 0 
Residential real estate2,504 1,079 1,472 5,055 908,783 913,838 0 
Home equity1,826 265 1,494 3,585 704,388 707,973 0 
Installment112 13 63 188 132,009 132,197 0 
Credit card341 334 133 808 49,497 50,305 87 
Total$6,078 $2,223 $15,549 $23,850 $9,217,767 $9,241,617 $180 

 As of December 31, 2021
(Dollars in thousands)30 – 59
days
past due		60 – 89
days
past due		> 90 days
past due		Total
past
due		CurrentTotal> 90 days
past due
and still
accruing
Loans       
Commercial & industrial$303 $2,006 $2,775 $5,084 $2,714,944 $2,720,028 $0 
Lease financing93 0 0 93 109,531 109,624 0 
Construction real estate0 0 0 0 455,894 455,894 0 
Commercial real estate-investor89 42 6,409 6,540 3,148,215 3,154,755 0 
Commercial real estate-owner56 2,207 637 2,900 1,068,959 1,071,859 0 
Residential real estate4,379 262 2,114 6,755 889,314 896,069 0 
Home equity1,214 692 1,186 3,092 705,307 708,399 0 
Installment162 37 45 244 119,210 119,454 0 
Credit card223 134 137 494 51,723 52,217 137 
Total$6,519 $5,380 $13,303 $25,202 $9,263,097 $9,288,299 $137 
Loans Restructured During Period
The following tables provide information on loan modifications classified as TDRs during the three months ended March 31, 2022 and 2021:
Three months ended
March 31, 2022March 31, 2021
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial3 $4,465 $3,241 4 $3,206 $3,070 
Construction real estate0 0 0 0 0 0 
Commercial real estate1 387 80 7 10,015 9,046 
Residential real estate3 340 326 10 1,023 1,000 
Home equity1 32 32 1 14 14 
Installment0 0 0 0 0 0 
Total8 $5,224 $3,679 22 $14,258 $13,130 
Loans Restructured, Modifications
The following table provides information on how TDRs were modified during the three months ended March 31, 2022 and 2021:
Three months ended
March 31,
(Dollars in thousands)20222021
Extended maturities$0 $0 
Adjusted interest rates0 0 
Combination of rate and maturity changes0 0 
Forbearance3,647 6,163 
Bankruptcies0 6,559 
Other (1)
32 408 
Total$3,679 $13,130 
(1) Includes covenant modifications and other concessions, or combination of concessions, that do not consist of interest rate adjustments, forbearance, bankruptcy and maturity extensions
Nonaccrual, Restructured and Impaired Loans The following table provides information on nonperforming loans:
March 31, 2022December 31, 2021
(Dollars in thousands)Nonaccrual loans with a related ACLNonaccrual loans with no related ACLTotal nonaccrualNonaccrual loans with a related ACLNonaccrual loans with no related ACLTotal nonaccrual
Nonaccrual loans (1)
  
Commercial & industrial$8,621 $5,769 $14,390 $11,077 $6,285 $17,362 
Lease financing0 249 249 0 203 203 
Construction real estate0 0 0 0 0 0 
Commercial real estate6,362 13,481 19,843 17,716 1,796 19,512 
Residential real estate0 7,432 7,432 0 8,305 8,305 
Home equity0 3,377 3,377 0 2,922 2,922 
Installment0 163 163 0 88 88 
Total nonaccrual loans$14,983 $30,471 $45,454 $28,793 $19,599 $48,392 
(1) Nonaccrual loans include nonaccrual TDRs of $16.2 million and $16.0 million as of March 31, 2022 and December 31, 2021, respectively.

Three months ended
March 31,
(Dollars in thousands)20222021
Interest income effect on nonperforming loans
Gross amount of interest that would have been recorded under original terms$773 $1,487 
Interest included in income
Nonaccrual loans290 483 
Troubled debt restructurings51 86 
Total interest included in income341 569 
Net impact on interest income$432 $918 
Schedule of Collateral Dependent Loans The following table presents the amortized cost basis of collateral dependent loans by class of loan.
March 31, 2022
Type of Collateral
(Dollar in thousands)Business
assets		Commercial real estateEquipmentLandResidential real estateOtherTotal
Class of loan
Commercial & industrial$11,399 $0 $1,560 $0 $0 $1,431 $14,390 
Lease financing00 249 0 0 0 249 
Commercial real estate-investor06,362 0 41 106 0 6,509 
Commercial real estate-owner07,523 5,703 37 71 0 13,334 
Residential real estate00 0 0 7,432 0 7,432 
Home equity00003,377 0 3,377 
Installment00000 163 163 
Total$11,399 $13,885 $7,512 $78 $10,986 $1,594 $45,454 
December 31, 2021
Type of Collateral
(Dollar in thousands)Business
assets		Commercial real estateEquipmentLandResidential real estateOtherTotal
Class of loan
Commercial & industrial$13,171 $15 $833 $0 $0 $3,343 $17,362 
Leasing00 203 0 0 0 203 
Commercial real estate-investor06,362 0 0 422 0 6,784 
Commercial real estate-owner06,673 5,937 38 80 0 12,728 
Residential real estate00 0 0 8,305 0 8,305 
Home equity00002,922 0 2,922 
Installment00000 88 88 
Total$13,171 $13,050 $6,973 $38 $11,729 $3,431 $48,392 
Changes in Other Real Estate Owned
Changes in OREO were as follows:
Three months ended
 March 31,
(Dollars in thousands)20222021
Balance at beginning of period$98 $1,287 
Additions
Commercial & industrial0 0 
Residential real estate72 0 
Total additions72 0 
Disposals 
Commercial & industrial(98)(246)
Residential real estate0 (187)
Total disposals(98)(433)
Valuation adjustment 
Commercial & industrial0 0 
Residential real estate0 0 
Total valuation adjustment0 0 
Balance at end of period$72 $854 
Components of lease investments
The components of the Company's net investments in direct financing and sales-type leases, which are included in Lease financing on the Consolidated Balance Sheets are as follows:
(Dollar in thousands)March 31, 2022December 31, 2021
Direct finance leases
Lease receivables$46,856 $17,164 
Unguaranteed residual values8,007 4,431 
Sales-type leases
Lease receivables17,653 17,925 
Unguaranteed residual values0 0 
Total net investment in direct financing and sales-type leases$72,516 $39,520 
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The remaining maturities of lease receivables were as follows:
(Dollars in thousands)Direct financing and Sales-type
Remainder of 2022$5,781 
20237,481 
202417,136 
202510,190 
202614,500 
Thereafter21,478 
Total lease payments76,566 
Less: unearned interest income and guaranteed residual value(8,762)
Net lease receivables$67,804