XML 59 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2015
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 the dates presented:
 
December 31, 2015
(dollars in thousands)
Current

30-59 Days
Past Due

60-89 Days
Past Due

Non-
performing

Total
Past Due
Loans

Total Loans

Commercial real estate
$
2,145,655

$
11,602

$
627

$
8,719

$
20,948

$
2,166,603

Commercial and industrial
1,244,802

2,453

296

9,279

12,028

1,256,830

Commercial construction
401,084

3,517

90

8,753

12,360

413,444

Residential mortgage
631,085

1,728

930

5,629

8,287

639,372

Home equity
465,055

2,365

523

2,902

5,790

470,845

Installment and other consumer
73,486

242

111

100

453

73,939

Consumer construction
6,579

—

—

—

—

6,579

Loans held for sale
35,179

94

48

—

142

35,321

Total
$
5,002,925

$
22,001

$
2,625

$
35,382

$
60,008

$
5,062,933

 
December 31, 2014
(dollars in thousands)
Current

30-59 Days
Past Due

60-89 Days
Past Due

Non-
performing

Total
Past Due
Loans

Total Loans

Commercial real estate
$
1,674,930

$
2,548

$
323

$
4,435

$
7,306

$
1,682,236

Commercial and industrial
991,136

1,227

153

1,622

3,002

994,138

Commercial construction
214,174

—

—

1,974

1,974

216,148

Residential mortgage
485,465

565

1,220

2,336

4,121

489,586

Home equity
414,303

1,756

445

2,059

4,260

418,563

Installment and other consumer
65,111

352

73

31

456

65,567

Consumer construction
2,508

—

—

—

—

2,508

Loans held for sale
2,970

—

—

—

—

2,970

Total
$
3,850,597

$
6,448

$
2,214

$
12,457

$
21,119

$
3,871,716
Recorded Investment in Commercial Loan Classes by Internally Assigned Risk Ratings
The following tables present the recorded investment in commercial loan classes by internally assigned risk ratings as of the dates presented:
 
December 31, 2015
(dollars in thousands)
Commercial
Real Estate

% of
Total

 
Commercial
and Industrial

% of
Total

 
Commercial
Construction

% of
Total

 
Total

% of
Total

Pass
$
2,094,851

96.7
%
 
$
1,182,685

94.1
%
 
$
375,808

90.9
%
 
$
3,653,344

95.2
%
Special mention
19,938

0.9
%
 
43,896

3.5
%
 
19,846

4.8
%
 
83,680

2.2
%
Substandard
51,814

2.4
%
 
30,249

2.4
%
 
17,790

4.3
%
 
99,853

2.6
%
Total
$
2,166,603

100.0
%
 
$
1,256,830

100.0
%
 
$
413,444

100.0
%
 
$
3,836,877

100.0
%
 
December 31, 2014
(dollars in thousands)
Commercial
Real Estate

% of
Total

 
Commercial
and Industrial

% of
Total

 
Commercial
Construction

% of
Total

 
Total

% of
Total

Pass
$
1,635,132

97.2
%
 
$
948,663

95.4
%
 
$
196,520

90.9
%
 
$
2,780,315

96.1
%
Special mention
23,597

1.4
%
 
30,357

3.1
%
 
12,014

5.6
%
 
65,968

2.3
%
Substandard
23,507

1.4
%
 
15,118

1.5
%
 
7,614

3.5
%
 
46,239

1.6
%
Total
$
1,682,236

100.0
%
 
$
994,138

100.0
%
 
$
216,148

100.0
%
 
$
2,892,522

100.0
%
Recorded Investment in Consumer Loan Classes by Performing and Nonperforming Status
The following tables present the recorded investment in consumer loan classes by performing and nonperforming status as of the dates presented:
 
December 31, 2015
(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
$
633,743

99.1
%
$
467,943

99.4
%
$
73,839

99.8
%
$
6,579

100.0
%
$
1,182,104

99.3
%
Nonperforming
5,629

0.9
%
2,902

0.6
%
100

0.2
%
—

—
%
8,631

0.7
%
Total
$
639,372

100.0
%
$
470,845

100.0
%
$
73,939

100.0
%
$
6,579

100.0
%
$
1,190,735

100.0
%
 
December 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
$
487,250

99.5
%
$
416,504

99.5
%
$
65,536

99.9
%
$
2,508

100.0
%
$
971,798

99.5
%
Nonperforming
2,336

0.5
%
2,059

0.5
%
31

0.1
%
—

—
%
4,426

0.5
%
Total
$
489,586

100.0
%
$
418,563

100.0
%
$
65,567

100.0
%
$
2,508

100.0
%
$
976,224

100.0
%
Investments in Loans Considered to be Impaired and Related Information on Impaired Loans
The following table summarizes investments in loans considered to be impaired and related information on those impaired loans for the years presented:
 
For the Year Ended
 
December 31, 2015
 
December 31, 2014
(dollars in thousands)
Average
Recorded
Investment

Interest
Income
Recognized

 
Average
Recorded
Investment

Interest
Income
Recognized

With a related allowance recorded:
 
 
 
 
 
Commercial real estate
$
—

$
—

 
$
—

$
—

Commercial and industrial
—

—

 
—

—

Commercial construction
834

—

 
—

—

Consumer real estate
120

7

 
48

4

Other consumer
2

—

 
24

2

Total with a Related Allowance Recorded
956

7

 
72

6

Without a related allowance recorded:
 
 
 
 
 
Commercial real estate
14,622

597

 
20,504

684

Commercial and industrial
14,416

450

 
9,246

241

Commercial construction
10,581

329

 
8,145

227

Consumer real estate
6,902

364

 
7,027

396

Other consumer
117

1

 
56

2

Total without a Related Allowance Recorded
46,638

1,741

 
44,978

1,550

Total:
 
 
 
 
 
Commercial real estate
14,622

597

 
20,504

684

Commercial and industrial
14,416

450

 
9,246

241

Commercial construction
11,415

329

 
8,145

227

Consumer real estate
7,022

371

 
7,075

400

Other consumer
119

1

 
80

4

Total
$
47,594

$
1,748

 
$
45,050

$
1,556

The following tables summarize investments in loans considered to be impaired and related information on those impaired loans as of the dates presented:
 
December 31, 2015
 
December 31, 2014
(dollars in thousands)
Recorded
Investment

Unpaid
Principal
Balance

Related
Allowance

 
Recorded
Investment

Unpaid
Principal
Balance

Related
Allowance

With a related allowance recorded:
 
 
 
 
 
 
 
Commercial real estate
$
—

$
—

$
—

 
$
—

$
—

$
—

Commercial and industrial
—

—

—

 
—

—

—

Commercial construction
500

1,350

3

 
—

—

—

Consumer real estate
116

116

32

 
43

43

43

Other consumer
2

2

2

 
20

20

11

Total with a Related Allowance Recorded
618

1,468

37

 
63

63

54

Without a related allowance recorded:
 
 
 
 
 
 
 
Commercial real estate
12,661

13,157

—

 
19,890

25,262

—

Commercial and industrial
14,417

15,220

—

 
9,218

9,449

—

Commercial construction
10,998

14,200

—

 
7,605

11,293

—

Consumer real estate
6,845

7,521

—

 
7,159

7,733

—

Other consumer
111

188

—

 
42

48

—

Total without a Related Allowance Recorded
45,032

50,286

—

 
43,914

53,785

—

Total:
 
 
 
 
 
 
 
Commercial real estate
12,661

13,157

—

 
19,890

25,262

—

Commercial and industrial
14,417

15,220

—

 
9,218

9,449

—

Commercial construction
11,498

15,550

3

 
7,605

11,293

—

Consumer real estate
6,961

7,637

32

 
7,202

7,776

43

Other consumer
113

190

2

 
62

68

11

Total
$
45,650

$
51,754

$
37

 
$
43,977

$
53,848

$
54
Summary of Allowance for Loan Losses
The following tables detail activity in the ALL for the periods presented:
 
2015
(dollars in thousands)
Commercial
Real Estate

Commercial
and Industrial

Commercial
Construction

Consumer
Real Estate

Other
Consumer

Total Loans

Balance at beginning of year
$
20,164

$
13,668

$
6,093

$
6,333

$
1,653

$
47,911

Charge-offs
(2,787
)
(5,463
)
(3,321
)
(2,167
)
(1,528
)
(15,266
)
Recoveries
3,545

605

143

495

326

5,114

Net Recoveries (Charge-offs)
758

(4,858
)
(3,178
)
(1,672
)
(1,202
)
(10,152
)
Provision for loan losses
(5,879
)
2,043

9,710

3,739

775

10,388

Balance at End of Year
$
15,043

$
10,853

$
12,625

$
8,400

$
1,226

$
48,147

 
2014
(dollars in thousands)
Commercial
Real Estate

Commercial
and Industrial

Commercial
Construction

Consumer
Real Estate

Other
Consumer

Total Loans

Balance at beginning of year
$
18,921

$
14,433

$
5,374

$
6,362

$
1,165

$
46,255

Charge-offs
(2,041
)
(1,267
)
(712
)
(1,200
)
(1,133
)
(6,353
)
Recoveries
1,798

3,647

146

350

353

6,294

Net (Charge-offs)/ Recoveries
(243
)
2,380

(566
)
(850
)
(780
)
(59
)
Provision for loan losses
1,486

(3,145
)
1,285

821

1,268

1,715

Balance at End of Year
$
20,164

$
13,668

$
6,093

$
6,333

$
1,653

$
47,911
Summary of Allowance for Loan Losses and Recorded Investments
The following tables present the ALL and recorded investments in loans by category as of December 31:
 
2015
 
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
$
—

$
15,043

$
15,043

$
12,661

$
2,153,942

$
2,166,603

Commercial and industrial
—

10,853

10,853

14,417

1,242,413

1,256,830

Commercial construction
3

12,622

12,625

11,498

401,946

413,444

Consumer real estate
32

8,368

8,400

6,961

1,109,835

1,116,796

Other consumer
2

1,224

1,226

113

73,826

73,939

Total
$
37

$
48,110

$
48,147

$
45,650

$
4,981,962

$
5,027,612

 
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
$
—

$
20,164

$
20,164

$
19,890

$
1,662,346

$
1,682,236

Commercial and industrial
—

13,668

13,668

9,218

984,920

994,138

Commercial construction
—

6,093

6,093

7,605

208,543

216,148

Consumer real estate
43

6,290

6,333

7,202

903,455

910,657

Other consumer
11

1,642

1,653

62

65,505

65,567

Total
$
54

$
47,857

$
47,911

$
43,977

$
3,824,769

$
3,868,746