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Basis of Presentation Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of Impact of ASU 2016-13
The following table details the impact of ASU 2016-13 and the reclassification of loans for the identification of new portfolio loan segments under CECL:
January 1, 2020
(dollars in thousands)As Reported Under ASU 2016-13Pre-ASU 2016-13Impact of ASU 2016-13 Adoption
Assets:
Loans held for investment (outstanding balance)
Commercial real estate$2,946,319  $3,416,518  $(470,199) 
Commercial and industrial1,458,541  1,720,833  (262,292) 
Commercial construction345,263  375,445  (30,182) 
Business banking1,092,908  —  1,092,908  
Consumer real estate1,235,352  1,545,323  (309,971) 
Other consumer58,769  79,033  (20,264) 
Allowance for credit losses on loans(89,577) (62,224) (27,353) 
Total loans held for investment, net$7,047,575  $7,074,928  $(27,353) 
Net deferred tax asset$19,317  $13,206  $6,111  
Liabilities:
Allowance for credit losses on unfunded loan commitments$4,462  $3,113  $1,349  
Equity:
Retained earnings$738,493  $761,083  $(22,590)