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Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Summary of Allowance for Credit Losses
The following table summarizes the allowance for credit losses at March 31, 2016 and December 31, 2015: 
 
March 31,
2016
 
December 31,
2015
 
(in thousands)
Components of allowance for credit losses:
 
 
 
Allowance for loan losses
$
105,415

 
$
106,178

Allowance for unfunded letters of credit
2,260

 
2,189

Total allowance for credit losses
$
107,675

 
$
108,367
Summary of Provision for Credit Losses
The following table summarizes the provision for credit losses for the periods indicated:
 
Three Months Ended
March 31,
 
2016
 
2015
 
(in thousands)
Components of provision for credit losses:
 
 
 
Provision for loan losses
$
729

 
$
—

Provision for unfunded letters of credit
71

 
—

Total provision for credit losses
$
800

 
$
—
Summary of Activity in Allowance for Loan Losses
The following table details activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2016 and 2015:
 
Commercial
and Industrial
 
Commercial
Real Estate
 
Residential
Mortgage
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
Three Months Ended
March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
48,767

 
$
48,006

 
$
4,625

 
$
4,780

 
$
—

 
$
106,178

Loans charged-off
(1,251
)
 
(105
)
 
(81
)
 
(1,074
)
 
—

 
(2,511
)
Charged-off loans recovered
526

 
89

 
15

 
389

 
—

 
1,019

Net (charge-offs) recoveries
(725
)
 
(16
)
 
(66
)
 
(685
)
 
—

 
(1,492
)
Provision for loan losses
375

 
464

 
(350
)
 
240

 
—

 
729

Ending balance
$
48,417

 
$
48,454

 
$
4,209

 
$
4,335

 
$
—

 
$
105,415

Three Months Ended
March 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
43,676

 
$
42,840

 
$
5,093

 
$
5,179

 
$
5,565

 
$
102,353

Loans charged-off
(753
)
 
(150
)
 
(49
)
 
(714
)
 
—

 
(1,666
)
Charged-off loans recovered
1,051

 
460

 
114

 
319

 
—

 
1,944

Net recoveries (charge-offs)
298

 
310

 
65

 
(395
)
 
—

 
278

Provision for loan losses
919

 
(1,494
)
 
(1,066
)
 
188

 
1,453

 
—

Ending balance
$
44,893

 
$
41,656

 
$
4,092

 
$
4,972

 
$
7,018

 
$
102,631
Summary of Allocation of Allowance for Loan Losses and Related Loans by Loan Portfolio Segment Disaggregated Based on Impairment Methodology
The following table represents the allocation of the allowance for loan losses and the related loans by loan portfolio segment disaggregated based on the impairment methodology at March 31, 2016 and December 31, 2015. 
 
Commercial
and Industrial
 
Commercial
Real Estate
 
Residential
Mortgage
 
Consumer
 
Total
 
(in thousands)
March 31, 2016
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
3,578

 
$
4,125

 
$
1,267

 
$
407

 
$
9,377

Collectively evaluated for impairment
44,839

 
44,329

 
2,942

 
3,928

 
96,038

Total
$
48,417

 
$
48,454

 
$
4,209

 
$
4,335

 
$
105,415

Loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
27,596

 
$
85,345

 
$
21,980

 
$
2,658

 
$
137,579

Collectively evaluated for impairment
2,149,346

 
6,853,188

 
2,870,663

 
2,009,790

 
13,882,987

Loans acquired with discounts related to credit quality
360,603

 
1,422,663

 
209,171

 
122,984

 
2,115,421

Total
$
2,537,545

 
$
8,361,196

 
$
3,101,814

 
$
2,135,432

 
$
16,135,987

December 31, 2015
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
3,439

 
$
3,671

 
$
1,377

 
$
295

 
$
8,782

Collectively evaluated for impairment
45,328

 
44,335

 
3,248

 
4,485

 
97,396

Total
$
48,767

 
$
48,006

 
$
4,625

 
$
4,780

 
$
106,178

Loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
25,714

 
$
81,930

 
$
22,612

 
$
2,132

 
$
132,388

Collectively evaluated for impairment
2,130,835

 
6,595,296

 
2,889,467

 
2,054,650

 
13,670,248

Loans acquired with discounts related to credit quality
383,942

 
1,502,357

 
218,462

 
135,710

 
2,240,471

Total
$
2,540,491

 
$
8,179,583

 
$
3,130,541

 
$
2,192,492

 
$
16,043,107