Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2014

Receivables [Abstract]

Age Analysis of Past Due Loans Segregated by Class of Loans

The following tables present the age analysis of past due loans segregated by class of loans as of March 31, 2014 and December 31, 2013:

	March 31, 2014
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due		Total Loans
Commercial real estate	$	1,596,756	$	937	$	—	$	10,265	$	11,202	$	1,607,958
Commercial and industrial	880,554		850		285		3,181		4,316		884,870
Commercial construction	162,142		3,314		—		1,976		5,290		167,432
Residential mortgage	485,205		1,757		210		2,948		4,915		490,120
Home equity	406,413		1,409		243		2,630		4,282		410,695
Installment and other consumer	64,240		254		45		22		321		64,561
Consumer construction	2,260		—		—		—		—		2,260
Totals	$	3,597,570	$	8,521	$	783	$	21,022	$	30,326	$	3,627,896
	December 31, 2013
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due		Total Loans
Commercial real estate	$	1,595,590	$	1,209	$	207	$	10,750	$	12,166	$	1,607,756
Commercial and industrial	836,276		2,599		278		3,296		6,173		842,449
Commercial construction	139,133		1,049		751		2,742		4,542		143,675
Residential mortgage	481,260		828		1,666		3,338		5,832		487,092
Home equity	408,777		2,468		659		2,291		5,418		414,195
Installment and other consumer	67,420		382		44		37		463		67,883
Consumer construction	3,149		—		—		—		—		3,149
Totals	$	3,531,605	$	8,535	$	3,605	$	22,454	$	34,594	$	3,566,199

Recorded Investment in Commercial Loan Classes by Internally Assigned Risk Ratings

The following tables summarize the recorded investment in commercial loan classes by internally assigned risk ratings as of the dates presented:

	March 31, 2014
(dollars in thousands)	Commercial Real Estate		% of Total		Commercial and Industrial		% of Total		Commercial Construction		% of Total		Total		% of Total
Pass	$	1,520,208	94.6	%	$	828,092	93.6	%	$	143,899	85.9	%	$	2,492,199	93.7	%
Special mention	56,618		3.5	%	41,572		4.7	%	15,430		9.2	%	113,620		4.2	%
Substandard	31,132		1.9	%	15,206		1.7	%	8,103		4.9	%	54,441		2.1	%
Total	$	1,607,958	100	%	$	884,870	100.0	%	$	167,432	100.0	%	$	2,660,260	100.0	%
	December 31, 2013
(dollars in thousands)	Commercial Real Estate		% of Total		Commercial and Industrial		% of Total		Commercial Construction		% of Total		Total		% of Total
Pass	$	1,519,720	94.5	%	$	792,029	94.0	%	$	119,177	82.9	%	$	2,430,926	93.7	%
Special mention	57,073		3.6	%	34,085		4.1	%	15,621		10.9	%	106,779		4.1	%
Substandard	30,963		1.9	%	16,335		1.9	%	8,877		6.2	%	56,175		2.2	%
Total	$	1,607,756	100.0	%	$	842,449	100.0	%	$	143,675	100.0	%	$	2,593,880	100.0	%

Recorded Investment in Consumer Loan Classes by Performing and Nonperforming Status

The following tables indicate the recorded investment in consumer loan classes by performing and nonperforming status as of the dates presented:

	March 31, 2014
(dollars in thousands)	Residential Mortgage		% of Total		Home Equity		% of Total		Installment and other consumer		% of Total		Consumer Construction		% of Total		Total		% of Total
Performing	$	487,172	99.4	%	$	408,065	99.4	%	$	64,539	99.9	%	$	2,260	100.0	%	$	962,036	99.4	%
Nonperforming	2,948		0.6	%	2,630		0.6	%	22		0.1	%	—		—	%	5,600		0.6	%
Total	$	490,120	100.0	%	$	410,695	100.0	%	$	64,561	100.0	%	$	2,260	100.0	%	$	967,636	100.0	%
	December 31, 2013
(dollars in thousands)	Residential Mortgage		% of Total		Home Equity		% of Total		Installment and other consumer		% of Total		Consumer Construction		% of Total		Total		% of Total
Performing	$	483,754	99.3	%	$	411,904	99.4	%	$	67,846	99.9	%	$	3,149	100.0	%	$	966,653	99.4	%
Nonperforming	3,338		0.7	%	2,291		0.6	%	37		0.1	%	—		—	%	5,666		0.6	%
Total	$	487,092	100.0	%	$	414,195	100.0	%	$	67,883	100.0	%	$	3,149	100.0	%	$	972,319	100.0	%

Investments in Loans Considered to be Impaired and Related Information on Impaired Loans

The following table presents investments in loans considered to be impaired and related information on those impaired loans for the periods presented:

	March 31, 2014						December 31, 2013
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
Without a related allowance recorded:
Commercial real estate	$	22,219	$	30,211	$	—	$	26,968	$	35,474	$	—
Commercial and industrial	9,766		9,893		—		9,580		9,703		—
Commercial construction	8,321		12,008		—		7,391		12,353		—
Consumer real estate	8,150		9,257		—		8,026		9,464		—
Other consumer	118		120		—		124		128		—
Total without a Related Allowance Recorded	48,574		61,489		—		52,089		67,122		—
With a related allowance recorded:
Commercial real estate	—		—		—		—		—		—
Commercial and industrial	—		—		—		—		—		—
Commercial construction	—		—		—		681		1,383		25
Consumer real estate	50		50		50		53		53		53
Other consumer	30		30		15		33		33		19
Total with a Related Allowance Recorded	80		80		65		767		1,469		97
Total:
Commercial real estate	22,219		30,211		—		26,968		35,474		—
Commercial and industrial	9,766		9,893		—		9,580		9,703		—
Commercial construction	8,321		12,008		—		8,072		13,736		25
Consumer real estate	8,200		9,307		50		8,079		9,517		53
Other consumer	148		150		15		157		161		19
Total	$	48,654	$	61,569	$	65	$	52,856	$	68,591	$	97

The following tables summarize investments in loans considered to be impaired and related information on those impaired loans for the periods presented:

	For the Three Months Ended
	March 31, 2014				March 31, 2013
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Without a related allowance recorded:
Commercial real estate	$	23,539	$	167	$	31,406	$	241
Commercial and industrial	9,826		55		12,446		69
Commercial construction	8,324		57		17,332		134
Consumer real estate	8,258		103		9,680		59
Other consumer	121		1		98		—
Total without a Related Allowance Recorded	50,068		383		70,962		503
With a related allowance recorded:
Commercial real estate	—		—		4,480		—
Commercial and industrial	—		—		—		—
Commercial construction	—		—		—		—
Consumer real estate	51		1		—		—
Other consumer	32		1		—		—
Total with a Related Allowance Recorded	83		2		4,480		—
Total:
Commercial real estate	23,539		167		35,886		241
Commercial and industrial	9,826		55		12,446		69
Commercial construction	8,324		57		17,332		134
Consumer real estate	8,309		104		9,680		59
Other consumer	153		2		98		—
Total	$	50,151	$	385	$	75,442	$	503

Summary of Allowance for Loan Losses

The following tables detail activity in the ALL for the periods presented:

	Three Months Ended March 31, 2014
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	18,921		$	14,433		$	5,374		$	6,362		$	1,165		$	46,255
Charge-offs	(266		)	(290		)	(28		)	(123		)	(267		)	(974		)
Recoveries	540			314			50			59			83			1,046
Net Recoveries/ (Charge-offs)	274			24			22			(64		)	(184		)	72
Provision for loan losses	685			(478		)	(213		)	110			185			289
Balance at End of Period	$	19,880		$	13,979		$	5,183		$	6,408		$	1,166		$	46,616
	Three Months Ended March 31, 2013
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	25,246		$	7,759		$	7,500		$	5,058		$	921		$	46,484
Charge-offs	(1,639		)	(1,360		)	(389		)	(494		)	(252		)	(4,134		)
Recoveries	749			100			53			283			94			1,279
Net (Charge-offs)/ Recoveries	(890		)	(1,260		)	(336		)	(211		)	(158		)	(2,855		)
Provision for loan losses	86			2,177			(561		)	412			193			2,307
Balance at End of Period	$	24,442		$	8,676		$	6,603		$	5,259		$	956		$	45,936

Summary of Allowance for Loan Losses and Recorded Investments

The following tables present the ALL and recorded investments in loans by category as of March 31, 2014 and December 31, 2013:

	March 31, 2014
	Allowance for Loan Losses						Portfolio Loans
(dollars in thousands)	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Commercial real estate	$	—	$	19,880	$	19,880	$	22,219	$	1,585,739	$	1,607,958
Commercial and industrial	—		13,979		13,979		9,766		875,104		884,870
Commercial construction	—		5,183		5,183		8,321		159,111		167,432
Consumer real estate	50		6,358		6,408		8,200		894,875		903,075
Other consumer	15		1,151		1,166		148		64,413		64,561
Total	$	65	$	46,551	$	46,616	$	48,654	$	3,579,242	$	3,627,896
	December 31, 2013
	Allowance for Loan Losses						Portfolio Loans
(dollars in thousands)	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Commercial real estate	$	—	$	18,921	$	18,921	$	26,968	$	1,580,788	$	1,607,756
Commercial and industrial	—		14,433		14,433		9,580		832,869		842,449
Commercial construction	25		5,349		5,374		8,072		135,603		143,675
Consumer real estate	53		6,309		6,362		8,079		896,357		904,436
Other consumer	19		1,146		1,165		157		67,726		67,883
Total	$	97	$	46,158	$	46,255	$	52,856	$	3,513,343	$	3,566,199