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Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Age Analysis of Past Due Loans Segregated by Class of Loans
The following tables present the age analysis of past due loans segregated by class of loans as of the dates presented:
 
December 31, 2019
(dollars in thousands)
Current

 
30-59 Days
Past Due

 
60-89 Days
Past Due

 
90 Days + Past Due(1)

 
Non-
performing

 
Total
Past Due
Loans

 
Total Loans

Commercial real estate
$
3,376,156

 
$
9,595

 
$
716

 
$
911

 
$
29,140

 
$
40,362

 
$
3,416,518

Commercial and industrial
1,700,522

 
2,940

 
1,946

 
1,443

 
13,982

 
20,311

 
1,720,833

Commercial construction
372,589

 
956

 
1,163

 
—

 
737

 
2,856

 
375,445

Residential mortgage
986,148

 
2,016

 
1,727

 
1,175

 
7,519

 
12,437

 
998,585

Home equity
533,367

 
2,059

 
141

 
142

 
2,639

 
4,981

 
538,348

Installment and other consumer
78,189

 
426

 
292

 
86

 
40

 
844

 
79,033

Consumer construction
8,390

 
—

 
—

 
—

 
—

 
—

 
8,390

Loans held for sale
5,256

 
—

 
—

 
—

 
—

 
—

 
5,256

Total
$
7,060,617

 
$
17,992

 
$
5,985

 
$
3,757

 
$
54,057

 
$
81,791

 
$
7,142,408

(1)Represents acquired loans that were recorded at fair value at the acquisition date and remain performing.
 
December 31, 2018
(dollars in thousands)
Current

 
30-59 Days
Past Due

 
60-89 Days
Past Due

 
90 Days + Past Due

 
Non-
performing

 
Total
Past Due
Loans

 
Total Loans

Commercial real estate
$
2,903,997

 
$
3,638

 
$
2,145

 
$
—

 
$
12,052

 
$
17,835

 
$
2,921,832

Commercial and industrial
1,482,473

 
1,000

 
983

 
—

 
8,960

 
10,943

 
1,493,416

Commercial construction
243,004

 
—

 
—

 
—

 
14,193

 
14,193

 
257,197

Residential mortgage
717,447

 
1,584

 
520

 
—

 
7,128

 
9,232

 
726,679

Home equity
465,152

 
2,103

 
609

 
—

 
3,698

 
6,410

 
471,562

Installment and other consumer
67,281

 
148

 
75

 
—

 
42

 
265

 
67,546

Consumer construction
8,416

 
—

 
—

 
—

 
—

 
—

 
8,416

Loans held for sale
2,371

 
—

 
—

 
—

 
—

 
—

 
2,371

Total
$
5,890,141

 
$
8,473

 
$
4,332

 
$
—

 
$
46,073

 
$
58,878

 
$
5,949,019
Recorded Investment in Commercial Loan Classes by Internally Assigned Risk Ratings
The following tables present the recorded investment in commercial loan classes by internally assigned risk ratings as of the dates presented:
 
December 31, 2019
(dollars in thousands)
Commercial
Real Estate

 
% of
Total

 
Commercial
and Industrial

 
% of
Total

 
Commercial
Construction

 
% of
Total

 
Total

 
% of
Total

Pass
$
3,270,437

 
95.7
%
 
$
1,636,314

 
95.1
%
 
$
347,324

 
92.5
%
 
$
5,254,076

 
95.3
%
Special mention
57,285

 
1.7
%
 
36,484

 
2.1
%
 
10,109

 
2.7
%
 
103,878

 
1.9
%
Substandard
86,772

 
2.5
%
 
47,980

 
2.8
%
 
17,899

 
4.8
%
 
152,651

 
2.8
%
Doubtful
2,023

 
—
%
 
55

 
—
%
 
113

 
—
%
 
2,191

 
—
%
Total
$
3,416,518

 
100.0
%
 
$
1,720,833

 
100.0
%
 
$
375,445

 
100.0
%
 
$
5,512,796

 
100.0
%
 
December 31, 2018
(dollars in thousands)
Commercial
Real Estate

 
% of
Total

 
Commercial
and Industrial

 
% of
Total

 
Commercial
Construction

 
% of
Total

 
Total

 
% of
Total

Pass
$
2,774,997

 
95.0
%
 
$
1,394,067

 
93.4
%
 
$
233,103

 
90.7
%
 
$
4,402,167

 
94.3
%
Special mention
54,627

 
1.9
%
 
25,368

 
1.7
%
 
7,349

 
2.8
%
 
87,344

 
1.8
%
Substandard
90,913

 
3.1
%
 
73,621

 
4.9
%
 
16,658

 
6.5
%
 
181,192

 
3.9
%
Doubtful
1,295

 
—
%
 
360

 
—
%
 
87

 
—
%
 
1,742

 
—
%
Total
$
2,921,832

 
100.0
%
 
$
1,493,416

 
100.0
%
 
$
257,197

 
100.0
%
 
$
4,672,445

 
100.0
%
Recorded Investment in Consumer Loan Classes by Performing and Nonperforming Status
The following tables present the recorded investment in consumer loan classes by performing and nonperforming status as of the dates presented:
 
December 31, 2019
(dollars in
thousands)
Residential
Mortgage

 
% of
Total

 
Home
Equity

 
% of
Total

 
Installment
and other
consumer

 
% of
Total

 
Consumer
Construction

 
% of
Total

 
Total

 
% of
Total

Performing
$
991,066

 
99.2
%
 
$
535,709

 
99.5
%
 
$
78,993

 
99.9
%
 
$
8,390

 
100.0
%
 
$
1,614,158

 
99.4
%
Nonperforming
7,519

 
0.8
%
 
2,639

 
0.5
%
 
40

 
0.1
%
 
—

 
—
%
 
10,198

 
0.6
%
Total
$
998,585

 
100.0
%
 
$
538,348

 
100.0
%
 
$
79,033

 
100.0
%
 
$
8,390

 
100.0
%
 
$
1,624,356

 
100.0
%
 
December 31, 2018
(dollars in
thousands)
Residential
Mortgage

 
% of
Total

 
Home
Equity

 
% of
Total

 
Installment
and other
consumer

 
% of
Total

 
Consumer
Construction

 
% of
Total

 
Total

 
% of
Total

Performing
$
719,551

 
99.0
%
 
$
467,864

 
99.2
%
 
$
67,504

 
99.9
%
 
$
8,416

 
100.0
%
 
$
1,263,335

 
99.1
%
Nonperforming
7,128

 
1.0
%
 
3,698

 
0.8
%
 
42

 
0.1
%
 
—

 
—
%
 
10,868

 
0.9
%
Total
$
726,679

 
100.0
%
 
$
471,562

 
100.0
%
 
$
67,546

 
100.0
%
 
$
8,416

 
100.0
%
 
$
1,274,203

 
100.0
%
Investments in Loans Considered to be Impaired and Related Information on Impaired Loans
The following table summarizes average recorded investment and interest income recognized on loans considered to be impaired for the years presented:
 
For the Year Ended
 
December 31, 2019
 
December 31, 2018
(dollars in thousands)
Average
Recorded
Investment

 
Interest
Income
Recognized

 
Average
Recorded
Investment

 
Interest
Income
Recognized

With a related allowance recorded:
 
 
 
 
 
 
 
Commercial real estate
$
14,018

 
$
—

 
$
7,780

 
$
238

Commercial and industrial
10,135

 
576

 
591

 
38

Commercial construction
489

 
—

 
561

 
—

Consumer real estate
—

 
—

 
16

 
1

Other consumer
13

 
1

 
19

 
1

Total with a Related Allowance Recorded
24,655

 
577

 
8,967

 
278

Without a related allowance recorded:
 
 
 
 
 
 
 
Commercial real estate
35,739

 
943

 
3,911

 
172

Commercial and industrial
5,565

 
368

 
4,722

 
257

Commercial construction
1,831

 
131

 
17,643

 
217

Consumer real estate
8,190

 
397

 
9,701

 
483

Other consumer
7

 
—

 
24

 
—

Total without a Related Allowance Recorded
51,332

 
1,839

 
36,001

 
1,129

Total:
 
 
 
 
 
 
 
Commercial real estate
49,757

 
943

 
11,691

 
410

Commercial and industrial
15,700

 
944

 
5,313

 
295

Commercial construction
2,320

 
131

 
18,204

 
217

Consumer real estate
8,190

 
397

 
9,717

 
484

Other consumer
20

 
1

 
43

 
1

Total
$
75,987

 
$
2,416

 
$
44,968

 
$
1,407


The following table summarizes investments in loans considered to be impaired and related information on those impaired loans as of the dates presented:
 
December 31, 2019
 
December 31, 2018
(dollars in thousands)
Recorded
Investment

 
Unpaid
Principal
Balance

 
Related
Allowance

 
Recorded
Investment

 
Unpaid
Principal
Balance

 
Related
Allowance

With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
13,011

 
$
14,322

 
$
2,023

 
$
7,733

 
$
7,733

 
$
1,295

Commercial and industrial
10,001

 
10,001

 
55

 
884

 
893

 
360

Commercial construction
489

 
489

 
113

 
489

 
489

 
87

Consumer real estate
—

 
—

 
—

 
15

 
14

 
10

Other consumer
9

 
9

 
9

 
11

 
12

 
11

Total with a Related Allowance Recorded
23,510

 
24,821

 
2,200

 
9,132

 
9,141

 
1,763

Without a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
34,909

 
40,201

 
—

 
3,636

 
4,046

 
—

Commercial and industrial
7,605

 
10,358

 
—

 
12,788

 
14,452

 
—

Commercial construction
1,425

 
2,935

 
—

 
15,286

 
19,198

 
—

Consumer real estate
7,884

 
8,445

 
—

 
8,659

 
9,635

 
—

Other consumer
4

 
11

 
—

 
5

 
18

 
—

Total without a Related Allowance Recorded
51,827

 
61,950

 
—

 
40,374

 
47,349

 
—

Total:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
47,920

 
54,523

 
2,023

 
11,369

 
11,779

 
1,295

Commercial and industrial
17,606

 
20,359

 
55

 
13,672

 
15,345

 
360

Commercial construction
1,914

 
3,424

 
113

 
15,775

 
19,687

 
87

Consumer real estate
7,884

 
8,445

 
—

 
8,674

 
9,649

 
10

Other consumer
13

 
20

 
9

 
16

 
30

 
11

Total
$
75,337

 
$
86,771

 
$
2,200

 
$
49,506

 
$
56,490

 
$
1,763
Summary of Allowance for Loan Losses
The following tables detail activity in the ALL for the periods presented:
 
2019
(dollars in thousands)
Commercial
Real Estate

 
Commercial
and Industrial

 
Commercial
Construction

 
Consumer
Real Estate

 
Other
Consumer

 
Total

Balance at beginning of year
$
33,707

 
$
11,596

 
$
7,983

 
$
6,187

 
$
1,523

 
$
60,996

Charge-offs
(3,664
)
 
(8,928
)
 
(406
)
 
(1,353
)
 
(1,838
)
 
(16,189
)
Recoveries
137

 
1,388

 
5

 
637

 
377

 
2,544

Net (Charge-offs)
(3,527
)
 
(7,540
)
 
(401
)
 
(716
)
 
(1,461
)
 
(13,645
)
Provision for loan losses
397

 
11,625

 
318

 
866

 
1,667

 
14,873

Balance at End of Year
$
30,577

 
$
15,681

 
$
7,900

 
$
6,337

 
$
1,729

 
$
62,224

 
2018
(dollars in thousands)
Commercial
Real Estate

 
Commercial
and Industrial

 
Commercial
Construction

 
Consumer
Real Estate

 
Other
Consumer

 
Total

Balance at beginning of year
$
27,235

 
$
8,966

 
$
13,167

 
$
5,479

 
$
1,543

 
$
56,390

Charge-offs
(372
)
 
(8,574
)
 
(2,630
)
 
(1,319
)
 
(1,694
)
 
(14,589
)
Recoveries
309

 
1,723

 
1,135

 
541

 
492

 
4,200

Net (Charge-offs)
(63
)
 
(6,851
)
 
(1,495
)
 
(778
)
 
(1,202
)
 
(10,389
)
Provision for loan losses
6,535

 
9,481

 
(3,689
)
 
1,486

 
1,182

 
14,995

Balance at End of Year
$
33,707

 
$
11,596

 
$
7,983

 
$
6,187

 
$
1,523

 
$
60,996
Summary of Allowance for Loan Losses and Recorded Investments
The following tables present the ALL and recorded investments in loans by category as of December 31:
 
2019
 
Allowance for Loan Losses
 
Portfolio Loans
(dollars in thousands)
Individually
Evaluated for
Impairment

 
Collectively
Evaluated for
Impairment

 
Total

 
Individually
Evaluated for
Impairment

 
Collectively
Evaluated for
Impairment

 
Total

Commercial real estate
$
2,023

 
$
28,554

 
$
30,577

 
$
47,920

 
$
3,368,598

 
$
3,416,518

Commercial and industrial
55

 
15,626

 
15,681

 
17,606

 
1,703,227

 
1,720,833

Commercial construction
113

 
7,787

 
7,900

 
1,914

 
373,531

 
375,445

Consumer real estate
—

 
6,337

 
6,337

 
7,884

 
1,537,439

 
1,545,323

Other consumer
9

 
1,720

 
1,729

 
13

 
79,020

 
79,033

Total
$
2,200

 
$
60,024

 
$
62,224

 
$
75,337

 
$
7,061,815

 
$
7,137,152

 
2018
 
Allowance for Loan Losses
 
Portfolio Loans
(dollars in thousands)
Individually
Evaluated for
Impairment

 
Collectively
Evaluated for
Impairment

 
Total

 
Individually
Evaluated for
Impairment

 
Collectively
Evaluated for
Impairment

 
Total

Commercial real estate
$
1,295

 
$
32,412

 
$
33,707

 
$
11,369

 
$
2,910,463

 
$
2,921,832

Commercial and industrial
360

 
11,236

 
11,596

 
13,672

 
1,479,744

 
1,493,416

Commercial construction
87

 
7,896

 
7,983

 
15,775

 
241,422

 
257,197

Consumer real estate
10

 
6,177

 
6,187

 
8,674

 
1,197,983

 
1,206,657

Other consumer
11

 
1,512

 
1,523

 
16

 
67,530

 
67,546

Total
$
1,763

 
$
59,233

 
$
60,996

 
$
49,506

 
$
5,897,142

 
$
5,946,648