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

 

Commercial real estate
$
2,681,693

 
$
2,498,476

Commercial and industrial
1,446,811

 
1,401,035

Commercial construction
432,887

 
455,884

Total Commercial Loans
4,561,391

 
4,355,395

Consumer

 

Residential mortgage
697,367

 
701,982

Home equity
487,806

 
482,284

Installment and other consumer
69,644

 
65,852

Consumer construction
4,550

 
5,906

Total Consumer Loans
1,259,367

 
1,256,024

Total Portfolio Loans
5,820,758

 
5,611,419

Loans held for sale
47,936

 
3,793

Total Loans
$
5,868,694

 
$
5,615,212
Restructured Loans for Periods Presented
The following table summarizes restructured loans as of the dates presented:
 
September 30, 2017
 
December 31, 2016
(dollars in thousands)
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
 
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
Commercial real estate
$
2,618

 
$
1,083

 
$
3,701

 
$
2,994

 
$
646

 
$
3,640

Commercial and industrial
4,063

 
3,580

 
7,643

 
1,387

 
4,493

 
5,880

Commercial construction
2,914

 
421

 
3,335

 
2,966

 
430

 
3,396

Residential mortgage
2,096

 
4,095

 
6,191

 
2,375

 
5,068

 
7,443

Home equity
3,871

 
1,013

 
4,884

 
3,683

 
954

 
4,637

Installment and other consumer
43

 
11

 
54

 
18

 
7

 
25

Total
$
15,605

 
$
10,203

 
$
25,808

 
$
13,423

 
$
11,598

 
$
25,021

 
Three Months Ended September 30, 2017
 
Three months ended September 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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
—

 
—

 
—

 
—

 
1

 
248

 
250

 
2

Maturity date extension
1

 
400

 
400

 
—

 
—

 
—

 
—

 
—

Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
274

 
816

 
542

 
2

 
4,105

 
4,162

 
57

Residential mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
1

 
148

 
—

 
(148
)
 
3

 
153

 
152

 
(1
)
Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
1

 
280

 
280

 
—

Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
4

 
72

 
70

 
(2
)
 
7

 
163

 
161

 
(2
)
Installment and other consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
8

 
200

 
185

 
(15
)
 
—

 
—

 
—

 
—

Total by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
13

 
420

 
255

 
(165
)
 
10

 
316

 
313

 
(3
)
Interest rate reduction
—

 
—

 
—

 
—

 
1

 
248

 
250

 
2

Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
1

 
280

 
280

 
—

Maturity date extension
2

 
674

 
1,216

 
542

 
2

 
4,105

 
4,162

 
57

Total
15

 
$
1,094

 
$
1,471

 
$
377

 
14

 
$
4,949

 
$
5,005

 
$
56

(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, 2017
 
Nine Months Ended September 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
)
Interest rate reduction
—

 
—

 
—

 
—

 
1

 
250

 
248

 
(2
)
Maturity date extension
1

 
400

 
400

 
—

 
—

 
—

 
—

 
—

Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
1

 
429

 
429

 
—

 
5

 
985

 
985

 
—

Maturity Date extension and interest rate reduction
2

 
1,799

 
1,799

 
—

 
—

 
—

 
—

 
—

Maturity date extension
1

 
274

 
816

 
542

 
5

 
4,860

 
4,891

 
31

Commercial Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
—

 
—

 
—

 
—

 
5

 
1,357

 
1,302

 
(55
)
Residential mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
—

 
—

 
—

 
—

 
1

 
3,273

 
3,273

 
—

Chapter 7 bankruptcy(2)
2

 
181

 
32

 
(149
)
 
7

 
439

 
433

 
(6
)
Maturity date extension
—

 
—

 
—

 
—

 
1

 
483

 
483

 
—

Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
1

 
280

 
280

 
—

Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
—

 
—

 
—

 
—

 
1

 
47

 
46

 
(1
)
Chapter 7 bankruptcy(2)
13

 
380

 
375

 
(5
)
 
16

 
481

 
470

 
(11
)
Maturity date extension and interest rate reduction
1

 
173

 
120

 
(53
)
 
1

 
130

 
128

 
(2
)
Maturity date extension
1

 
231

 
231

 
—

 
4

 
274

 
272

 
(2
)
Installment and other consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
10

 
237

 
220

 
(17
)
 
2

 
16

 
13

 
(3
)
Total by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal deferral
2

 
529

 
529

 
—

 
8

 
9,026

 
6,574

 
(2,452
)
Chapter 7 bankruptcy(2)
25

 
798

 
627

 
(171
)
 
26

 
1,645

 
1,597

 
(48
)
Interest rate reduction
—

 
—

 
—

 
—

 
1

 
250

 
248

 
(2
)
Maturity date extension and interest rate reduction
3

 
1,972

 
1,919

 
(53
)
 
2

 
410

 
408

 
(2
)
Maturity date extension
3

 
905

 
1,447

 
542


15

 
6,974

 
6,948

 
(26
)
Total
33

 
$
4,204

 
$
4,522

 
$
318

 
52

 
$
18,305

 
$
15,775

 
$
(2,530
)
(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
The following table is a summary of nonperforming assets as of the dates presented:
 
Nonperforming Assets
(dollars in thousands)
September 30, 2017
 
December 31, 2016
Nonperforming Assets

 

Nonaccrual loans
$
19,290

 
$
31,037

Nonaccrual TDRs
10,203

 
11,598

Total nonaccrual loans
29,493

 
42,635

OREO
1,033

 
679

Total Nonperforming Assets
$
30,526

 
$
43,314