Loans and Loans Held for Sale (Tables)

6 Months Ended

Jun. 30, 2015

The following table indicates the composition of the loans as of the dates presented:



(dollars in thousands)	June 30, 2015		December 31, 2014
Commercial
Commercial real estate	$	2,054,935	$	1,682,236
Commercial and industrial	1,239,382		994,138
Commercial construction	344,983		216,148
Total Commercial Loans	3,639,300		2,892,522
Consumer
Residential mortgage	599,502		489,586
Home equity	457,813		418,563
Installment and other consumer	94,437		65,567
Consumer construction	7,446		2,508
Total Consumer Loans	1,159,198		976,224
Total Portfolio Loans	4,798,498		3,868,746
Loans held for sale	13,634		2,970
Total Loans	$	4,812,132	$	3,871,716

Restructured Loans for Periods Presented

The following table summarizes the restructured loans as of the dates presented:



	June 30, 2015						December 31, 2014
(dollars in thousands)	Performing TDRs		Nonperforming TDRs		Total TDRs		Performing TDRs		Nonperforming TDRs		Total TDRs
Commercial real estate	$	13,045	$	3,553	$	16,598	$	16,939	$	2,180	$	19,119
Commercial and industrial	7,899		2,226		10,125		8,074		356		8,430
Commercial construction	5,655		1,969		7,624		5,736		1,869		7,605
Residential mortgage	2,622		609		3,231		2,839		459		3,298
Home equity	3,302		411		3,713		3,342		562		3,904
Installment and other consumer	36		160		196		53		10		63
Total	$	32,559	$	8,928	$	41,487	$	36,983	$	5,436	$	42,419

Restructured Loans for Periods Stated

The following tables present the restructured loans during the periods presented:



	Three Months Ended June 30, 2015							Three Months Ended June 30, 2014
(dollars in thousands)	Number of Loans	Pre-Modification Outstanding Recorded Investment⁽¹⁾		Post-Modification Outstanding Recorded Investment⁽¹⁾		Total Difference in Recorded Investment		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	—	$	—	$	—	$	—	1	$	129	$	127	$	(2	)
Commercial and industrial
Principal forgiveness	1	400		400		—		—	—		—		—
Residential mortgage
Chapter 7 bankruptcy⁽²⁾	—	—		—		—		1	52		52		—
Maturity date extension and interest rate reduction	2	225		225		—		—	—		—		—
Home equity
Chapter 7 bankruptcy⁽²⁾	4	171		171		—		4	43		41		(2		)
Installment and other consumer
Chapter 7 bankruptcy⁽²⁾	—	—		—		$	—	1	9		9		$	—
Total by Concession Type
Principal forgiveness	1	$	400	$	400	$	—	—	$	—	$	—	$	—
Principal deferral	—	—		—		—		1	129		127		(2		)
Maturity date extension and interest rate reduction	2	225		225		—		—	—		—		—
Chapter 7 bankruptcy⁽²⁾	4	171		171		—		6	104		102		(2		)
Total	7	$	796	$	796	$	—	7	$	233	$	229	$	(4	)
⁽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.



	Six Months Ended June 30, 2015								Six Months Ended June 30, 2014
(dollars in thousands)	Number of Loans	Pre-Modification Outstanding Recorded Investment⁽¹⁾		Post-Modification Outstanding Recorded Investment⁽¹⁾		Total Difference in Recorded Investment			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	2	$	2,851	$	2,851	$	—		1	$	129	$	127	$	(2	)
Commercial and industrial
Principal forgiveness	1	400		400		—			—	—		—		—
Principal deferral	6	661		661		—			—	—		—		—
Chapter 7 bankruptcy⁽²⁾	1	3		1		(2		)	1	287		286		(1		)
Maturity date extension	1	780		765		(15		)	—	—		—		—
Commercial Construction
Principal deferral	1	104		103		(1		)	—	—		—		—
Maturity date extension	—	—		—		—			1	1,019		1,019		—
Residential mortgage
Chapter 7 bankruptcy⁽²⁾	—	—		—		—			5	329		327		(2		)
Maturity date extension and interest rate reduction	2	225		225		—			—	—		—		—
Home equity
Chapter 7 bankruptcy⁽²⁾	12	313		304		(9		)	10	269		251		(18		)
Maturity date extension	1	71		71		—			—	—		—		—
Installment and other consumer
Chapter 7 bankruptcy⁽²⁾	—	—		—		$	—		1	9		9		$	—
Total by Concession Type
Principal forgiveness	1	$	400	$	400	$	—		—	$	—	$	—	$	—
Principal deferral	9	3,616		3,615		(1		)	1	129		127		(2		)
Chapter 7 bankruptcy⁽²⁾	13	316		305		(11		)	17	894		873		(21		)
Maturity date extension and interest rate reduction	2	225		225		—			—	—		—		—
Maturity date extension	2	851		836		(15		)	1	1,019		1,019		—
Total	27	5,408		5,381		$	(27	)	19	$	2,042	$	2,019	$	(23	)
⁽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 tables present a summary of TDRs which defaulted during the periods presented that had been restructured within the last 12 months prior to defaulting:



	Defaulted TDRs
	Three Months Ended			Three Months Ended
	June 30, 2015			June 30, 2014
(dollars in thousands)	Number of Defaults	Recorded Investment		Number of Defaults	Recorded Investment
Home equity	2	$	119	—	$	—
Total	2	$	119	—	$	—



	Defaulted TDRs
	Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014
(dollars in thousands)	Number of Defaults	Recorded Investment		Number of Defaults	Recorded Investment
Residential mortgage	1	$	183	1	$	72
Home equity	3	124		—	—
Total	4	$	307	1	$	72

Summary of Nonperforming Assets

The following table is a summary of nonperforming assets as of the dates presented:



	Nonperforming Assets
(dollars in thousands)	June 30, 2015		December 31, 2014
Nonperforming Assets
Nonaccrual loans	$	10,211	$	7,021
Nonaccrual TDRs	8,928		5,436
Total nonaccrual loans	19,139		12,457
OREO	750		166
Total Nonperforming Assets	$	19,889	$	12,623