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Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Summary of Allowance for Credit Losses
The following table summarizes the allowance for credit losses at June 30, 2016 and December 31, 2015: 
 
June 30,
2016
 
December 31,
2015
 
(in thousands)
Components of allowance for credit losses:
 
 
 
Allowance for loan losses
$
108,088

 
$
106,178

Allowance for unfunded letters of credit
2,326

 
2,189

Total allowance for credit losses
$
110,414

 
$
108,367
Summary of Provision for Credit Losses
The following table summarizes the provision for credit losses for the periods indicated:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Components of provision for credit losses:
 
 
 
 
 
 
 
Provision for loan losses
$
1,363

 
$
4,382

 
$
2,092

 
$
4,382

Provision for unfunded letters of credit
66

 
118

 
137

 
118

Total provision for credit losses
$
1,429

 
$
4,500

 
$
2,229

 
$
4,500
Summary of Activity in Allowance for Loan Losses
The following tables detail activity in the allowance for loan losses by portfolio segment for the three and six months ended June 30, 2016 and 2015:
 
Commercial
and Industrial
 
Commercial
Real Estate
 
Residential
Mortgage
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
Three Months Ended
June 30, 2016:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
48,417

 
$
48,454

 
$
4,209

 
$
4,335

 
$
—

 
$
105,415

Loans charged-off
(493
)
 
(414
)
 
(151
)
 
(697
)
 
—

 
(1,755
)
Charged-off loans recovered
990

 
1,458

 
94

 
523

 
—

 
3,065

Net recoveries (charge-offs)
497

 
1,044

 
(57
)
 
(174
)
 
—

 
1,310

Provision for loan losses
(889
)
 
2,379

 
(657
)
 
530

 
—

 
1,363

Ending balance
$
48,025

 
$
51,877

 
$
3,495

 
$
4,691

 
$
—

 
$
108,088

Three Months Ended
June 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
44,893

 
$
41,656

 
$
4,092

 
$
4,972

 
$
7,018

 
$
102,631

Loans charged-off
(3,226
)
 
(2,590
)
 
(339
)
 
(1,194
)
 
—

 
(7,349
)
Charged-off loans recovered
1,986

 
690

 
130

 
365

 
—

 
3,171

Net charge-offs
(1,240
)
 
(1,900
)
 
(209
)
 
(829
)
 
—

 
(4,178
)
Provision for loan losses
(1,939
)
 
4,429

 
1,172

 
1,399

 
(679
)
 
4,382

Ending balance
$
41,714

 
$
44,185

 
$
5,055

 
$
5,542

 
$
6,339

 
$
102,835


 
Commercial
and Industrial
 
Commercial
Real Estate
 
Residential
Mortgage
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
Six Months Ended
June 30, 2016:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
48,767

 
$
48,006

 
$
4,625

 
$
4,780

 
$
—

 
$
106,178

Loans charged-off
(1,744
)
 
(519
)
 
(232
)
 
(1,771
)
 
—

 
(4,266
)
Charged-off loans recovered
1,516

 
1,547

 
109

 
912

 
—

 
4,084

Net (charge-offs) recoveries
(228
)
 
1,028

 
(123
)
 
(859
)
 
—

 
(182
)
Provision for loan losses
(514
)
 
2,843

 
(1,007
)
 
770

 
—

 
2,092

Ending balance
$
48,025

 
$
51,877

 
$
3,495

 
$
4,691

 
$
—

 
$
108,088

Six Months Ended
June 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
43,676

 
$
42,840

 
$
5,093

 
$
5,179

 
$
5,565

 
$
102,353

Loans charged-off
(3,979
)
 
(2,740
)
 
(388
)
 
(1,908
)
 
—

 
(9,015
)
Charged-off loans recovered
3,037

 
1,150

 
244

 
684

 
—

 
5,115

Net charge-offs
(942
)
 
(1,590
)
 
(144
)
 
(1,224
)
 
—

 
(3,900
)
Provision for loan losses
(1,020
)
 
2,935

 
106

 
1,587

 
774

 
4,382

Ending balance
$
41,714

 
$
44,185

 
$
5,055

 
$
5,542

 
$
6,339

 
$
102,835
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 June 30, 2016 and December 31, 2015. 
 
Commercial
and Industrial
 
Commercial
Real Estate
 
Residential
Mortgage
 
Consumer
 
Total
 
(in thousands)
June 30, 2016
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
3,294

 
$
4,339

 
$
1,261

 
$
397

 
$
9,291

Collectively evaluated for impairment
44,731

 
47,538

 
2,234

 
4,294

 
98,797

Total
$
48,025

 
$
51,877

 
$
3,495

 
$
4,691

 
$
108,088

Loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
22,711

 
$
79,353

 
$
22,654

 
$
2,467

 
$
127,185

Collectively evaluated for impairment
2,178,127

 
7,375,629

 
2,834,536

 
2,008,302

 
14,396,594

Loans acquired with discounts related to credit quality
327,911

 
1,332,659

 
198,163

 
116,668

 
1,975,401

Total
$
2,528,749

 
$
8,787,641

 
$
3,055,353

 
$
2,127,437

 
$
16,499,180

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