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Loans and Loans Held for Sale (Tables)
 9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
Composition of Loans
The following table indicates the composition of loans as of the dates presented:
(dollars in thousands)
September 30, 2016
 
December 31, 2015
Commercial

 

Commercial real estate
$
2,427,164

 
$
2,166,603

Commercial and industrial
1,344,297

 
1,256,830

Commercial construction
402,124

 
413,444

Total Commercial Loans
4,173,585

 
3,836,877

Consumer

 

Residential mortgage
692,574

 
639,372

Home equity
483,935

 
470,845

Installment and other consumer
62,288

 
73,939

Consumer construction
5,852

 
6,579

Total Consumer Loans
1,244,649

 
1,190,735

Total Portfolio Loans
5,418,234

 
5,027,612

Loans held for sale
11,694

 
35,321

Total Loans
$
5,429,928

 
$
5,062,933
Restructured Loans for Periods Presented
The following table summarizes the restructured loans as of the dates presented:
 
September 30, 2016
 
December 31, 2015
(dollars in thousands)
Performing
TDRs
Nonperforming
TDRs
Total
TDRs
 
Performing
TDRs
Nonperforming
TDRs
Total
TDRs
Commercial real estate
$
3,054

$
866

$
3,920

 
$
6,822

$
3,548

$
10,370

Commercial and industrial
863

7,007

7,870

 
6,321

1,570

7,891

Commercial construction
3,460

992

4,452

 
5,013

1,265

6,278

Residential mortgage
2,453

5,248

7,701

 
2,590

665

3,255

Home equity
3,084

973

4,057

 
3,184

523

3,707

Installment and other consumer
22

9

31

 
25

88

113

Total
$
12,936

$
15,095

$
28,031

 
$
23,955

$
7,659

$
31,614

he following tables present the restructured loans during the periods presented:
 
Three Months Ended September 30, 2016

Three Months Ended September 30, 2015
(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
 
 
 
 





Interest rate reduction
1

$
250

$
248

$
(2
)
 
—

$
—

$
—

$
—

Maturity date extension
—

—

—

—


1

264

260

(4
)
Commercial and industrial
 
 
 
 

 
 
 


Maturity date extension
2

4,105

4,162

57


—

—

—

—

Commercial Construction
 
 
 
 

 
 
 


Maturity date extension
—

—

—

—

 
2

813

812

(1
)
Residential mortgage
 
 
 
 

 
 
 


Chapter 7 bankruptcy(2)
3

153

152

(1
)

2

74

74

—

Maturity date extension
—

—

—

—

 
1

180

180

—

Maturity date extension and interest rate reduction
1

280

280

—

 
—

—

—

—

Home equity
 
 
 
 

 
 
 


Chapter 7 bankruptcy(2)
7

163

161

(2
)

5

115

110

(5
)
Maturity date extension and interest rate reduction
—

—

—

—

 
2

138

138

—

Installment and other consumer
 
 
 
 

 
 
 

Chapter 7 bankruptcy(2)
—

—

—

—


1

9

4

(5
)
Total by Concession Type













Chapter 7 bankruptcy(2)
10

$
316

$
313

$
(3
)
 
8

$
198

$
188

$
(10
)
Interest rate reduction
1

250

248

(2
)
 
—

—

—

—

Maturity date extension and interest rate reduction
1

280

280

—

 
2

138

138

—

Maturity date extension
2

4,105

4,162

57

 
4

1,257

1,252

(5
)
Total
14

$
4,951

$
5,003

$
52


14

$
1,593

$
1,578

$
(15
)
(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.
 
Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015
(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

$
4,721

$
2,270

$
(2,451
)
 
2

$
2,851

$
1,841

$
(1,010
)
Chapter 7 bankruptcy(2)
1

709

681

(28
)
 
—

—

—

—

Interest rate reduction
1

250

248

(2
)
 
—

—

—

—

Maturity date extension
—

—

—

—

 
1

264

260

(4
)
Commercial and industrial
 
 
 
 
 
 
 
 
 
Principal forgiveness 
—

—

—

—

 
1

400

273

(127
)
Principal deferral
5

985

985

—

 
6

661

363

(298
)
Chapter 7 bankruptcy(2)
—

—

—

—

 
1

3

—

(3
)
Maturity date extension
5

4,860

4,891

31

 
1

780

720

(60
)
Commercial Construction
 
 
 
 
 
 
 
 
 
Principal deferral
—

—

—

—

 
1

104

—

(104
)
Maturity date extension
5

1,357

1,302

(55
)
 
2

813

812

(1
)
Residential mortgage
 
 
 
 
 
 
 
 
 
Principal deferral
1

3,273

3,273

—

 
—

—

—

—

Chapter 7 bankruptcy(2)
7

439

433

(6
)
 
2

74

74

—

Maturity date extension
1

483

483

—

 
1

180

180

—

Maturity date extension and interest rate reduction
1

280

280

—

 
2

225

229

4

Home equity
 
 
 
 
 
 
 
 
 
Principal deferral
1

47

46

(1
)
 
—

—

—

—

Chapter 7 bankruptcy(2)
16

481

470

(11
)
 
17

428

389

(39
)
Maturity date extension and interest rate reduction
1

130

128

(2
)
 
2

138

138

—

Maturity date extension
4

274

272

(2
)
 
1

71

70

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

16

13

(3
)
 
1

9

4

(5
)
Total by Concession Type
 
 
 
 
 
 
 
 
 
Principal forgiveness
—

$
—

$
—

$
—

 
1

$
400

$
273

$
(127
)
Principal deferral
8

9,026

6,574

(2,452
)
 
9

3,616

2,204

(1,412
)
Chapter 7 bankruptcy(2)
26

1,645

1,597

(48
)
 
21

514

467

(47
)
Interest rate reduction
1

250

248

(2
)
 






—

Maturity date extension and interest rate reduction
2

410

408

(2
)
 
4

363

367

4

Maturity date extension
15

6,974

6,948

(26
)

6

2,108

2,042

(66
)
Total
52

$
18,305

$
15,775

$
(2,530
)
 
41

$
7,001

$
5,353

$
(1,648
)
(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 September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
(dollars in thousands)
Number of
Defaults
Recorded
Investment


Number of
Defaults
Recorded
Investment

 
Number of
Defaults
Recorded
Investment

 
Number of
Defaults
Recorded
Investment

Commercial real estate
—
$
—


—
$
—

 
—
$
—

 
—
$
—

Commercial and Industrial
—
—


—
—

 
—
—

 
—
—

Commercial construction
—
—


—
—

 
—
—

 
—
—

Residential mortgage
—
—


—
—

 
—
—

 
1
183

Home equity
—
—


—
—

 
—
—

 
3
124

Installment and other consumer
—
—

 
—
—

 
—
—

 
—
—

Consumer construction
—
—

 
—
—

 
—
—

 
—
—

Total
—
$
—


—
$
—

 
—
$
—

 
4
$
307
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
 
Nonperforming Assets
(dollars in thousands)
September 30, 2016
 
December 31, 2015
Nonperforming Assets

 

Nonaccrual loans
$
25,398

 
$
27,723

Nonaccrual TDRs
15,095

 
7,659

Total nonaccrual loans
40,493

 
35,382

OREO
512

 
354

Total Nonperforming Assets
$
41,005

 
$
35,736