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Loans and Loans Held for Sale (Tables)
 6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Composition of Loans
The following table indicates the composition of loans as of the dates presented:
(dollars in thousands)
June 30, 2017
 
December 31, 2016
Commercial

 

Commercial real estate
$
2,664,642

 
$
2,498,476

Commercial and industrial
1,401,283

 
1,401,035

Commercial construction
426,754

 
455,884

Total Commercial Loans
4,492,679

 
4,355,395

Consumer

 

Residential mortgage
706,143

 
701,982

Home equity
484,960

 
482,284

Installment and other consumer
70,068

 
65,852

Consumer construction
3,969

 
5,906

Total Consumer Loans
1,265,140

 
1,256,024

Total Portfolio Loans
5,757,819

 
5,611,419

Loans held for sale
23,120

 
3,793

Total Loans
$
5,780,939

 
$
5,615,212
Restructured Loans for Periods Presented
The following tables present the restructured loans categorized by type of concession during the periods presented:
 
Three Months Ended June 30, 2017

Three months ended June 30, 2016
(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

 
100

 
100

 
—


1

 
4,721

 
2,270

 
(2,451
)
Commercial and industrial
 
 
 
 
 
 
 

 
 
 
 
 
 


Principal deferral
1

 
429

 
429

 
—


5

 
985

 
985

 
—

Maturity date extension and interest rate reduction
2

 
1,800

 
1,800

 
—

 
—

 
—

 
—

 
—

Maturity date extension
—

 
—

 
—

 
—


1

 
130

 
130

 
—

Commercial Construction
 
 
 
 
 
 
 

 
 
 
 
 
 


Maturity date extension
—

 
—

 
—

 
—

 
4

 
1,324

 
1,269

 
(55
)
Residential mortgage
 
 
 
 
 
 
 

 
 
 
 
 
 


Principal deferral
—

 
—

 
—

 
—


1

 
3,273

 
3,273

 
—

Chapter 7 bankruptcy(2)
1

 
33

 
33

 
—


1

 
65

 
64

 
(1
)
Home equity
 
 
 
 
 
 
 

 
 
 
 
 
 


Chapter 7 bankruptcy(2)
3

 
40

 
38

 
(2
)

4

 
73

 
69

 
(4
)
Maturity date extension
1

 
231

 
231

 
—

 
3

 
120

 
120

 
—

Installment and other consumer
 
 
 
 
 
 
 

 
 
 
 
 
 

Chapter 7 bankruptcy(2)
2

 
37

 
34

 
(3
)

2

 
16

 
13

 
(3
)
Total by Concession Type


 


 


 




 

 

 

Principal deferral
2

 
$
529

 
$
529

 
$
—


7

 
$
8,979

 
$
6,528

 
$
(2,451
)
Chapter 7 bankruptcy(2)
6

 
110

 
105

 
(5
)
 
7

 
154

 
146

 
(8
)
Maturity date extension and interest rate reduction
2

 
1,800

 
1,800

 
—

 
—

 
—

 
—

 
—

Maturity date extension
1

 
231

 
231

 
—

 
8

 
1,574

 
1,519

 
(55
)
Total
11

 
$
2,670

 
$
2,665

 
$
(5
)

22

 
$
10,707

 
$
8,193

 
$
(2,514
)
(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, 2017
 
Six Months Ended June 30, 2016
(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

 
$
100

 
$
100

 
$
—

 
1

 
$
4,721

 
$
2,270

 
$
(2,451
)
Chapter 7 bankruptcy(2)
—

 
—

 
—

 
—

 
1

 
709

 
681

 
(28
)
Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
1

 
429

 
429

 
—

 
5

 
985

 
985

 
—

Maturity Date extension and interest rate reduction
2

 
1,800

 
1,800

 
—

 
—

 
—

 
—

 
—

Maturity date extension
—

 
—

 
—

 
—

 
3

 
755

 
728

 
(27
)
Commercial Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
—

 
—

 
—

 
—

 
5

 
1,357

 
1,303

 
(54
)
Residential mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
—

 
—

 
—

 
—

 
1

 
3,273

 
3,273

 
—

Chapter 7 bankruptcy(2)
1

 
33

 
33

 
—

 
4

 
285

 
280

 
(5
)
Maturity date extension
—

 
—

 
—

 
—

 
1

 
483

 
483

 
—

Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
—

 
—

 
—

 
—

 
1

 
47

 
46

 
(1
)
Chapter 7 bankruptcy(2)
9

 
309

 
304

 
(5
)
 
9

 
318

 
309

 
(9
)
Maturity date extension and interest rate reduction
1

 
173

 
172

 
(1
)
 
1

 
130

 
128

 
(2
)
Maturity date extension
1

 
231

 
231

 
—

 
4

 
274

 
272

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

 
37

 
34

 
(3
)
 
2

 
16

 
13

 
(3
)
Total by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
2

 
529

 
529

 
—

 
8

 
9,026

 
6,574

 
(2,452
)
Chapter 7 bankruptcy(2)
12

 
379

 
371

 
(8
)
 
16

 
1,328

 
1,283

 
(45
)
Maturity date extension and interest rate reduction
3

 
1,973

 
1,972

 
(1
)
 
1

 
130

 
128

 
(2
)
Maturity date extension
1

 
231

 
231

 
—


13

 
2,869

 
2,786

 
(83
)
Total
18

 
$
3,112

 
$
3,103

 
$
(9
)
 
38

 
$
13,353

 
$
10,771

 
$
(2,582
)
(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.
The following table summarizes the restructured loans as of the dates presented:
 
June 30, 2017
 
December 31, 2016
(dollars in thousands)
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
 
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
Commercial real estate
$
2,672

 
$
704

 
$
3,376

 
$
2,994

 
$
646

 
$
3,640

Commercial and industrial
3,324

 
3,944

 
7,268

 
1,387

 
4,493

 
5,880

Commercial construction
2,953

 
423

 
3,376

 
2,966

 
430

 
3,396

Residential mortgage
2,235

 
4,111

 
6,346

 
2,375

 
5,068

 
7,443

Home equity
3,866

 
918

 
4,784

 
3,683

 
954

 
4,637

Installment and other consumer
30

 
5

 
35

 
18

 
7

 
25

Total
$
15,080

 
$
10,105

 
$
25,185

 
$
13,423

 
$
11,598

 
$
25,021
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, 2017
 
December 31, 2016
Nonperforming Assets

 

Nonaccrual loans
$
26,564

 
$
31,037

Nonaccrual TDRs
10,105

 
11,598

Total nonaccrual loans
36,669

 
42,635

OREO
1,620

 
679

Total Nonperforming Assets
$
38,289

 
$
43,314