XML 57 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Loans and Loans Held for Sale (Tables)
 12 Months Ended
Dec. 31, 2016
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)
2016
2015
Commercial
 
 
Commercial real estate
$
2,498,476

$
2,166,603

Commercial and industrial
1,401,035

1,256,830

Commercial construction
455,884

413,444

Total Commercial Loans
4,355,395

3,836,877

Consumer
 
 
Residential mortgage
701,982

639,372

Home equity
482,284

470,845

Installment and other consumer
65,852

73,939

Consumer construction
5,906

6,579

Total Consumer Loans
1,256,024

1,190,735

Total Portfolio Loans
5,611,419

5,027,612

Loans held for sale
3,793

35,321

Total Loans
$
5,615,212

$
5,062,933
Restructured Loans for Periods Presented
The following table summarizes the restructured loans as of the dates presented:
 
December 31, 2016
 
December 31, 2015
(dollars in thousands)
Performing
TDRs

Nonperforming
TDRs

Total
TDRs

 
Performing
TDRs

Nonperforming
TDRs

Total
TDRs

Commercial real estate
$
2,994

$
646

$
3,640

 
$
6,822

$
3,548

$
10,370

Commercial and industrial
1,387

4,493

5,880

 
6,321

1,570

7,891

Commercial construction
2,966

430

3,396

 
5,013

1,265

6,278

Residential mortgage
2,375

5,068

7,443

 
2,590

665

3,255

Home equity
3,683

954

4,637

 
3,184

523

3,707

Installment and other consumer
18

7

25

 
25

88

113

Total
$
13,423

$
11,598

$
25,021

 
$
23,955

$
7,659

$
31,614
Restructured Loans for Periods Stated
The following tables present the restructured loans for the 12 months ended December 31:
 
2016
(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
 
 
 
 
 
 
 
Interest Rate Reduction
1

 
$
250

 
$
242

 
$
(8
)
Chapter 7 bankruptcy(2)
1

 
709

 
646

 
(63
)
Commercial and industrial
 
 
 
 
 
 
 
Principal deferral
5

 
985

 
986

 
1

Maturity date extension
4

 
4,756

 
3,334

 
(1,422
)
Commercial construction
 
 
 
 
 
 
 
Maturity date extension
3

 
1,251

 
1,151

 
(100
)
Residential mortgage
 
 
 
 
 
 
 
Principal deferral
1

 
3,273

 
3,133

 
(140
)
Maturity date extension
1

 
483

 
414

 
(69
)
Maturity date extension and interest rate reduction
1

 
280

 
279

 
(1
)
Chapter 7 bankruptcy(2)
7

 
439

 
413

 
(26
)
Home equity
 
 
 
 
 
 
 
Maturity date extension
5

 
305

 
298

 
(7
)
Maturity date extension and interest rate reduction
2

 
604

 
598

 
(6
)
Principal deferral
1

 
47

 
45

 
(2
)
Chapter 7 bankruptcy(2)
19

 
676

 
643

 
(33
)
Installment and other consumer
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
2

 
16

 
10

 
(6
)
Total by Concession Type
 
 
 
 
 
 
 
Principal deferral
7

 
4,305

 
4,164

 
(141
)
Interest rate reduction
1

 
250

 
242

 
(8
)
Maturity date extension and interest rate reduction
3

 
884

 
877

 
(7
)
Maturity date extension
13

 
6,795

 
5,197

 
(1,598
)
Chapter 7 bankruptcy(2)
29

 
1,840

 
1,712

 
(128
)
Total
53

 
$
14,074

 
$
12,192

 
$
(1,882
)
(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.
 
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 and interest rate reduction
3

 
203

 
201

 
(2
)
Maturity date extension
1

 
71

 
70

 
(1
)
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.
Summary of Nonperforming Assets of Defaulted TDRs
defaulted during the years ended December 31, 2016 and 2015 that were restructured within the last 12 months prior to defaulting.
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
 
December 31,
(dollars in thousands)
2016
 
2015
Nonperforming Assets
 
 
 
Nonaccrual loans
$
31,037

 
$
27,723

Nonaccrual TDRs
11,598

 
7,659

Total nonaccrual loans
42,635

 
35,382

OREO
679

 
354

Total Nonperforming Assets
$
43,314

 
$
35,736
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)
2016
 
2015
Balance at beginning of year
$
24,517

 
$
27,368

New loans
22,740

 
24,743

Repayments
(22,090
)
 
(27,594
)
Balance at End of Year
$
25,167

 
$
24,517