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Loans and Loans Held for Sale (Tables)
 3 Months Ended
Mar. 31, 2014
Receivables [Abstract]  
Composition of Loans
The following table indicates the composition of the loans as of the dates presented:
(dollars in thousands)
March 31, 2014
December 31, 2013
Commercial


Commercial real estate
$
1,607,958

$
1,607,756

Commercial and industrial
884,870

842,449

Commercial construction
167,432

143,675

Total Commercial Loans
2,660,260

2,593,880

Consumer


Residential mortgage
490,120

487,092

Home equity
410,695

414,195

Installment and other consumer
64,561

67,883

Consumer construction
2,260

3,149

Total Consumer Loans
967,636

972,319

Total Portfolio Loans
3,627,896

3,566,199

Loans held for sale
1,133

2,136

Total Loans
$
3,629,029

$
3,568,335
Restructured Loans for Periods Presented
The following table summarizes the restructured loans as of the dates presented:
 
March 31, 2014
 
December 31, 2013
(dollars in thousands)
Accruing
TDRs
Nonaccruing
TDRs
Total
TDRs
 
Accruing
TDRs
Nonaccruing
TDRs
Total
TDRs
Commercial real estate
$
15,538

$
3,529

$
19,067

 
$
19,711

$
3,898

$
23,609

Commercial and industrial
7,453

2,138

9,591

 
7,521

1,884

9,405

Commercial construction
6,352

1,969

8,321

 
5,338

2,708

8,046

Residential mortgage
2,692

1,394

4,086

 
2,581

1,356

3,937

Home equity
3,878

237

4,115

 
3,924

218

4,142

Installment and other consumer
146

2

148

 
154

3

157

Total
$
36,059

$
9,269

$
45,328

 
$
39,229

$
10,067

$
49,296
Restructured Loans for Periods Stated
The following tables present the restructured loans for the three month periods ended March 31, 2014 and March 31, 2013:
 
Three Months Ended March 31, 2014
(dollars in thousands)
Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment(1)
Post-Modification
Outstanding
Recorded
Investment(1)
Total Difference
in Recorded
Investment
Commercial real estate
 
 
 
 
Principal deferral
—
$
—

$
—

$
—

Chapter 7 bankruptcy(2)
—
—

—

—

Commercial and industrial
 
 
 
 
Principal deferral
—
—

—

—

Chapter 7 bankruptcy(2)
1
287

286

(1
)
Commercial Construction
 
 
 
 
Principal deferral
1
1,019

1,019

—

Residential mortgage
 
 
 
 
Principal deferral
—
—

—

—

Chapter 7 bankruptcy(2)
4
277

276

(1
)
Home equity
 
 
 
 
Principal deferral
—
—

—

—

Chapter 7 bankruptcy(2)
6
225

210

(15
)
Installment and other consumer
 
 
 
 
Chapter 7 bankruptcy(2)
—
—

—

—

Total by Concession Type
 
 
 
 
Principal deferral
1
1,019

1,019

—

Chapter 7 bankruptcy(2)
11
789

772

(17
)
Total
12
$
1,808

$
1,791

$
(17
)
(1) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.
(2) Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.

 
Three Months Ended March 31, 2013
(dollars in thousands)
Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment(1)
Post-Modification
Outstanding
Recorded
Investment(1)
Total Difference
in Recorded
Investment
Commercial real estate
 
 
 
 
Principal deferral
3
$
1,541

$
1,288

$
(253
)
Chapter 7 bankruptcy(2)
3
205

204

(1
)
Commercial and industrial
 
 
 
 
Principal deferral
1
392

387

(5
)
Chapter 7 bankruptcy(2)
1
3

3

—

Commercial Construction
 
 
 
 
Principal deferral
—
—

—

—

Residential mortgage
 
 
 
 
Principal deferral
2
153

153

—

Chapter 7 bankruptcy(2)
6
269

269

—

Home equity
 
 
 
 
Principal deferral
1
174

45

(129
)
Chapter 7 bankruptcy(2)
6
162

162

—

Installment and other consumer
 
 
 
 
Chapter 7 bankruptcy(2)
6
73

73

—

Total by Concession Type
 
 
 
 
Principal deferral
7
2,260

1,873

(387
)
Chapter 7 bankruptcy(2)
22
712

711

(1
)
Total
29
$
2,972

$
2,584

$
(388
)
(1) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.
(2) Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.
Summary of Nonperforming Assets of Defaulted TDRs
The following table is a summary of TDRs which defaulted during the three months ended March 31, 2014 and 2013 that had been restructured within the last twelve months prior to defaulting:
 
Defaulted TDRs
 
For the period ended March 31, 2014
For the period ended March 31, 2013
(dollars in thousands)
Number of
Defaults

Recorded
Investment

Number of
Defaults

Recorded
Investment

Commercial real estate
—

$
—

$
—

$
—

Commercial and Industrial
—

—

—

—

Commercial construction
—

—

—

—

Residential real estate
1

72

1

18

Home equity
—

—

2

118

Total
1

$
72

$
3

$
136
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
(dollars in thousands)
March 31, 2014
December 31, 2013
Nonperforming Assets


Nonaccrual loans
$
11,753

$
12,387

Nonaccrual TDRs
9,269

10,067

Total nonaccrual loans
21,022

22,454

OREO
343

410

Total Nonperforming Assets
$
21,365

$
22,864