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Loans and Loans Held for Sale (Tables)
 9 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Schedule of Composition of Loans The following table indicates the composition of loans as of the dates presented:
(dollars in thousands)
September 30, 2019
 
December 31, 2018
Commercial
 
 
 
Commercial real estate
$
2,922,197

 
$
2,921,832

Commercial and industrial
1,626,854

 
1,493,416

Commercial construction
314,813

 
257,197

Total Commercial Loans
4,863,864

 
4,672,445

Consumer
 
 
 
Residential mortgage
770,882

 
726,679

Home equity
475,024

 
471,562

Installment and other consumer
74,460

 
67,546

Consumer construction
11,535

 
8,416

Total Consumer Loans
1,331,901

 
1,274,203

Total Portfolio Loans
6,195,765

 
5,946,648

Loans held for sale
8,371

 
2,371

Total Loans
$
6,204,136

 
$
5,949,019
Schedule of Restructured Loans for Periods Presented
The following tables present the restructured loans by loan segment and by type of concession for the three and nine months ended September 30, 2019 and 2018:
 
Three Months Ended September 30, 2019
 
Three Months Ended September 30, 2018
(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
Totals by Loan Segment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
—

 
$
—

 
$
—

 
$
—

 
1

 
$
256

 
$
250

 
$
(6
)
Principal deferral
3

 
23,517

 
23,236

 
(281
)
 
—

 
—

 
—

 
—

Below market interest rate
2

 
569

 
548

 
(21
)
 
—

 
—

 
—

 
—

Total Commercial Real Estate
5

 
24,086

 
23,784

 
(302
)
 
1

 
256

 
250

 
(6
)
Commercial and Industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Principal deferral
1

 
1,250

 
1,250

 
—

 
—

 
—

 
—

 
—

Principal deferral and maturity date extension
1

 
292

 
277

 
(15
)
 
—

 
—

 
—

 
—

Total Commercial and Industrial
2


1,542


1,527


(15
)
 
—

 
—

 
—

 
—

Residential Mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Consumer bankruptcy(2)
—

 
—

 
—

 
—

 
2

 
188

 
186

 
(2
)
Total Residential Mortgage
—

 
—

 
—

 
—

 
2

 
188

 
186

 
(2
)
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Consumer bankruptcy(2)
14

 
504

 
485

 
(19
)
 
6

 
193

 
191

 
(2
)
Total Home Equity
14

 
504

 
485

 
(19
)
 
6

 
193

 
191

 
(2
)
Installment and Other Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Consumer bankruptcy(2)
1

 
4

 
4

 
—

 
1

 
12

 
6

 
(6
)
Total Installment and Other Consumer
1

 
$
4

 
$
4

 
$
—

 
1

 
$
12

 
$
6

 
$
(6
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Consumer bankruptcy(2)
15

 
508

 
489

 
(19
)
 
9

 
393

 
383

 
$
(10
)
Maturity date extension
—

 
—

 
—

 
—

 
1

 
256

 
250

 
$
(6
)
Principal deferral
4

 
24,767

 
24,486

 
(281
)
 
—

 
—

 
—

 
$
—

Principal deferral and maturity date extension
1

 
292

 
277


(15
)

—


—


—

 
—

Below market interest rate
2

 
569

 
548

 
(21
)
 
—

 
—

 
—

 
—

Total
22


$
26,136


$
25,800


$
(336
)
 
10

 
$
649

 
$
633

 
$
(16
)
(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) Consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.


 
Nine Months Ended September 30, 2019
 
Nine Months Ended September 30, 2018
(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
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment(1)
 
Post-Modification
Outstanding
Recorded
Investment(1)
Totals by Loan Segment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
$
1,322

 
$
1,298

 
$
(24
)
 
1

 
$
256

 
$
250

 
$
(6
)
Maturity date extension and interest rate reduction
1

 
151

 
147

 
(4
)
 
—

 
—

 
—

 
—

Principal deferral
3

 
23,517

 
23,236

 
(281
)
 
—

 
—

 
—

 
—

Principal forgiveness
1

 
4,690

 
4,518

 
(172
)
 
—

 
—

 
—

 
—

Non Market Rate Loan
2

 
569

 
548

 
(21
)
 
—

 
—

 
—

 
—

Total Commercial Real Estate
8

 
30,249

 
29,747

 
(502
)
 
1

 
256

 
250

 
(6
)
Commercial and Industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
—

 
—

 
—

 
—

 
2

 
768

 
657

 
(111
)
Maturity date extension and interest rate reduction
1

 
4,751

 
4,333

 
(418
)
 
—

 
—

 
—

 
—

Principal deferral
1

 
1,250

 
1,250

 
—

 
3

 
4,815

 
4,466

 
(349
)
Principal deferral and Maturity date extension
1

 
292

 
277

 
(15
)
 
6

 
5,355

 
5,225

 
(130
)
Total Commercial and Industrial
3

 
6,293

 
5,860

 
(433
)
 
11

 
10,938

 
10,348

 
(590
)
Residential Mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer bankruptcy(2)
3

 
165

 
160

 
(5
)
 
5

 
387

 
380

 
(7
)
Total Residential Mortgage
3

 
165

 
160

 
(5
)
 
5

 
387

 
380

 
(7
)
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer bankruptcy(2)
27

 
801

 
746

 
(55
)
 
17

 
798

 
668

 
(130
)
Interest rate reduction
2

 
190

 
189

 
(1
)
 
—

 
—

 
—

 
—

Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
2

 
47

 
47

 
—

Total Home Equity
29

 
991

 
934

 
(56
)
 
19

 
845

 
715

 
(130
)
Installment and Other Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer bankruptcy(2)
3

 
13

 
10

 
(3
)
 
1

 
12

 
6

 
(6
)
Total Installment and Other Consumer
3

 
$
13

 
$
10

 
$
(3
)
 
1

 
$
12

 
$
6

 
$
(6
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
33

 
979

 
916

 
(63
)
 
23


1,197


1,054

 
(143
)
Interest rate reduction
2


190


189


(1
)

—


—


—

 
—

Maturity date extension
1

 
1,322

 
1,298

 
(24
)
 
3


1,024


907

 
(117
)
Maturity date extension and interest rate reduction
2

 
4,902

 
4,480

 
(422
)
 
2

 
47


47

 
—

Principal deferral
4

 
24,767

 
24,486

 
(281
)
 
3

 
4,815


4,466

 
(349
)
Principal deferral and maturity date extension
1

 
292

 
277

 
(15
)
 
6


5,355


5,225

 
(130
)
Principal forgiveness
1

 
4,690

 
4,518

 
(172
)
 
—

 
—


—

 
—

Below market interest rate
2


569


548

 
(21
)
 
—

 
—

 
—

 
—

Total
46

 
$
37,711

 
$
36,712

 
$
(999
)
 
37

 
$
12,438

 
$
11,699

 
$
(739
)
(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) Consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.


The following table summarizes restructured loans as of the dates presented:
 
September 30, 2019
 
December 31, 2018
(dollars in thousands)
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
 
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
Commercial real estate
$
21,448

 
$
10,880

 
$
32,328

 
$
2,054

 
$
1,139

 
$
3,193

Commercial and industrial
9,065

 
787

 
9,852

 
7,026

 
6,646

 
13,672

Commercial construction
1,913

 
406

 
2,319

 
1,912

 
406

 
2,318

Residential mortgage
1,922

 
1,195

 
3,117

 
2,214

 
1,543

 
3,757

Home equity
4,076

 
1,226

 
5,302

 
3,568

 
1,349

 
4,917

Installment and other consumer
10

 
2

 
12

 
12

 
5

 
17

Total
$
38,434

 
$
14,496

 
$
52,930

 
$
16,786

 
$
11,088

 
$
27,874
Schedule of 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, 2019
 
 
December 31, 2018
 
Nonperforming Assets
 
 
 
 
 
Nonaccrual loans
 
$
35,487

 
 
$
34,985

Nonaccrual TDRs
 
14,496

 
 
11,088

Total Nonaccrual Loans
 
49,983

 
 
46,073

OREO
 
1,724

 
 
3,092

Total Nonperforming Assets
 
$
51,707

 
 
$
49,165