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Loans and Loans Held for Sale (Tables)
 12 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
Composition of Loans
The following table indicates the composition of the acquired and originated loans as of the dates presented:
 
December 31,
(dollars in thousands)
2015
2014
Commercial
 
 
Commercial real estate
$
2,166,603

$
1,682,236

Commercial and industrial
1,256,830

994,138

Commercial construction
413,444

216,148

Total Commercial Loans
3,836,877

2,892,522

Consumer
 
 
Residential mortgage
639,372

489,586

Home equity
470,845

418,563

Installment and other consumer
73,939

65,567

Consumer construction
6,579

2,508

Total Consumer Loans
1,190,735

976,224

Total Portfolio Loans
5,027,612

3,868,746

Loans held for sale
35,321

2,970

Total Loans
$
5,062,933

$
3,871,716
Restructured Loans for Periods Presented
The following table summarizes the restructured loans as of the dates presented:
 
December 31, 2015
 
December 31, 2014
(dollars in thousands)
Performing
TDRs

Nonperforming
TDRs

Total
TDRs

 
Performing
TDRs

Nonperforming
TDRs

Total
TDRs

Commercial real estate
$
6,822

$
3,548

$
10,370

 
$
16,939

$
2,180

$
19,119

Commercial and industrial
6,321

1,570

7,891

 
8,074

356

8,430

Commercial construction
5,013

1,265

6,278

 
5,736

1,869

7,605

Residential mortgage
2,590

665

3,255

 
2,839

459

3,298

Home equity
3,184

523

3,707

 
3,342

562

3,904

Installment and other consumer
25

88

113

 
53

10

63

Total
$
23,955

$
7,659

$
31,614

 
$
36,983

$
5,436

$
42,419
Restructured Loans for Periods Stated
The following tables present the restructured loans for the 12 months ended December 31:
 
2015
(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
2

 
$
2,851

 
$
1,841

 
$
(1,010
)
Maturity date extension
3

 
438

 
427

 
(11
)
Commercial and industrial
 
 
 
 
 
 
 
Principal deferral
6

 
661

 
363

 
(298
)
Maturity date extension
2

 
824

 
728

 
(96
)
Commercial construction
 
 
 
 
 
 
 
Maturity date extension
3

 
1,434

 
1,432

 
(2
)
Residential mortgage
 
 
 
 
 
 
 
Maturity date extension
8

 
545

 
265

 
(280
)
Maturity date extension and interest rate reduction
1

 
207

 
205

 
(2
)
Chapter 7 bankruptcy(2)
7

 
428

 
226

 
(202
)
Home equity
 
 
 
 
 
 
 
Maturity date extension
1

 
71

 
70

 
(1
)
Maturity date extension and interest rate reduction
3

 
203

 
201

 
(2
)
Chapter 7 bankruptcy(2)
23

 
619

 
576

 
(43
)
Installment and other consumer
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
1

 
9

 
4

 
(5
)
Total by Concession Type
 
 
 
 
 
 
 
Principal deferral
8

 
3,512

 
2,204

 
(1,308
)
Maturity date extension and interest rate reduction
4

 
410

 
406

 
(4
)
Maturity date extension
17

 
3,312

 
2,922

 
(390
)
Chapter 7 bankruptcy(2)
31

 
1,056

 
806

 
(250
)
Total
60

 
$
8,290

 
$
6,338

 
$
(1,952
)
(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.
 
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
4

 
$
1,991

 
$
1,965

 
$
(26
)
Commercial and industrial
 
 
 
 
 
 
 
Principal deferral
2

 
381

 
356

 
(25
)
Commercial construction
 
 
 
 
 
 
 
Maturity date extension
1

 
1,019

 
974

 
(45
)
Residential mortgage
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
9

 
651

 
634

 
(17
)
Home Equity
 
 
 
 
 
 
 
Maturity date extension and interest rate reduction
2

 
96

 
95

 
(1
)
Maturity date extension
6

 
349

 
348

 
(1
)
Chapter 7 bankruptcy(2)
15

 
432

 
382

 
(50
)
Installment and other consumer
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
5

 
30

 
23

 
(7
)
Total by Concession Type
 
 
 
 
 
 
 
Principal deferral
6

 
2,372

 
2,321

 
(51
)
Maturity date extension and interest rate reduction
2

 
96

 
95

 
(1
)
Maturity date extension
7

 
1,368

 
1,322

 
(46
)
Chapter 7 bankruptcy(2)
29

 
1,113

 
1,039

 
(74
)
Total
44

 
$
4,949

 
$
4,777

 
$
(172
)
(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 years ended December 31, 2015 and 2014 that had been restructured within the last 12 months prior to defaulting:
 
Defaulted TDRs
 
For the
Year Ended
December 31, 2015
 
For the
Year Ended
December 31, 2014
(dollars in thousands)
Number of
Defaults

Recorded
Investment

 
Number of
Defaults

Recorded
Investment

Commercial real estate
—

$
—

 
—

$
—

Commercial and industrial
—

—

 
—

—

Residential real estate
—

—

 
1

20

Home equity
—

—

 
2

44

Total
—

$
—

 
3

$
64
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
 
December 31,
(dollars in thousands)
2015
2014
Nonperforming Assets
 
 
Nonaccrual loans
$
27,723

$
7,021

Nonaccrual TDRs
7,659

5,436

Total nonaccrual loans
35,382

12,457

OREO
354

166

Total Nonperforming Assets
$
35,736

$
12,623
Summary of Aggregate Amount of Loans
The following table presents a summary of the aggregate amount of loans to any such persons as of December 31:
(dollars in thousands)
2015
2014
Balance at beginning of year
$
27,368

$
23,848

New loans
24,743

27,799

Repayments
(27,594
)
(24,279
)
Balance at End of Year
$
24,517

$
27,368