XML 110 R41.htm IDEA: XBRL DOCUMENT v3.3.0.814
Bank Loans (Tables)
 9 Months Ended
Sep. 30, 2015
Receivables [Abstract]  
Schedule Of Balance And Associated Percentage Of Each Major Loan Category In Bank Loan Portfolio

 

 

 

September 30, 2015

 

 

December 31, 2014

 

 

 

Balance

 

 

Percent

 

 

Balance

 

 

Percent

 

Commercial and industrial

 

$

1,121,643

 

 

 

45.9

%

 

$

896,853

 

 

 

42.4

%

Consumer 1

 

 

1,026,197

 

 

 

42.0

 

 

 

758,288

 

 

 

35.8

 

Residential real estate

 

 

260,958

 

 

 

10.7

 

 

 

432,646

 

 

 

20.4

 

Commercial real estate

 

 

19,811

 

 

 

0.8

 

 

 

15,902

 

 

 

0.8

 

Home equity lines of credit

 

 

11,260

 

 

 

0.5

 

 

 

12,945

 

 

 

0.6

 

Construction and land

 

 

2,474

 

 

 

0.1

 

 

 

 

 

 

 

 

 

Gross bank loans

 

 

2,442,343

 

 

 

100.0

%

 

 

2,116,634

 

 

 

100.0

%

Unamortized loan discount

 

 

(994

)

 

 

 

 

 

 

(30,533

)

 

 

 

 

Unamortized loan fees, net of loan fees

 

 

(1,841

)

 

 

 

 

 

 

(1,631

)

 

 

 

 

Loans in process

 

 

(2,402

)

 

 

 

 

 

 

1,681

 

 

 

 

 

Allowance for loan losses

 

 

(27,707

)

 

 

 

 

 

 

(20,731

)

 

 

 

 

Bank loans, net

 

$

2,409,399

 

 

 

 

 

 

$

2,065,420

 

 

 

 

 

 

1

Includes securities-based loans of $ 1.0 billion and $732.8 million at September 30, 2015 and December 31, 2014, respectively.
Activity In The Allowance For Loan Losses By Portfolio Segment

 

 

 

Three Months Ended September 30, 2015

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

19,297

 

 

$

3,117

 

 

$

—

 

 

$

—

 

 

$

22,414

 

Consumer

 

 

1,568

 

 

 

39

 

 

 

—

 

 

 

6

 

 

 

1,613

 

Residential real estate

 

 

904

 

 

 

197

 

 

 

(27

)

 

 

48

 

 

 

1,122

 

Commercial real estate

 

 

286

 

 

 

(36

)

 

 

—

 

 

 

14

 

 

 

264

 

Home equity lines of credit

 

 

265

 

 

 

(20

)

 

 

—

 

 

 

8

 

 

 

253

 

Construction & Land

 

 

—

 

 

 

47

 

 

 

—

 

 

 

—

 

 

 

47

 

Qualitative

 

 

1,603

 

 

 

391

 

 

 

—

 

 

 

—

 

 

 

1,994

 

 

 

$

23,923

 

 

$

3,735

 

 

$

(27

)

 

$

76

 

 

$

27,707

 

 

 

 

Nine Months Ended September 30, 2015

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

16,609

 

 

$

5,805

 

 

$

—

 

 

$

—

 

 

$

22,414

 

Consumer

 

 

1,255

 

 

 

352

 

 

 

—

 

 

 

6

 

 

 

1,613

 

Residential real estate

 

 

787

 

 

 

425

 

 

 

(142

)

 

 

52

 

 

 

1,122

 

Commercial real estate

 

 

232

 

 

 

(24

)

 

 

—

 

 

 

56

 

 

 

264

 

Home equity lines of credit

 

 

267

 

 

 

(22

)

 

 

—

 

 

 

8

 

 

 

253

 

Construction & Land

 

 

—

 

 

 

47

 

 

 

—

 

 

 

—

 

 

 

47

 

Qualitative

 

 

1,581

 

 

 

413

 

 

 

—

 

 

 

—

 

 

 

1,994

 

 

 

$

20,731

 

 

$

6,996

 

 

$

(142

)

 

$

122

 

 

$

27,707

 

 

 

 

 

Three Months Ended September 30, 2014

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

13,557

 

 

$

2,346

 

 

$

—

 

 

$

—

 

 

$

15,903

 

Consumer

 

 

937

 

 

 

64

 

 

 

—

 

 

 

—

 

 

 

1,001

 

Residential real estate

 

 

713

 

 

 

(41

)

 

 

—

 

 

 

2

 

 

 

674

 

Commercial real estate

 

 

210

 

 

 

10

 

 

 

—

 

 

 

19

 

 

 

239

 

Home equity lines of credit

 

 

131

 

 

 

143

 

 

 

—

 

 

 

—

 

 

 

274

 

Construction & Land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Qualitative

 

 

1,555

 

 

 

(650

)

 

 

—

 

 

 

—

 

 

 

905

 

 

 

$

17,103

 

 

$

1,872

 

 

$

—

 

 

$

21

 

 

$

18,996

 

 

 

 

Nine Months Ended September 30, 2014

 

 

 

Beginning

Balance

 

 

Provision

 

 

Charge-offs

 

 

Recoveries

 

 

Ending

Balance

 

Commercial and industrial

 

$

9,832

 

 

$

6,539

 

 

$

(468

)

 

$

—

 

 

$

15,903

 

Consumer

 

 

892

 

 

 

113

 

 

 

(4

)

 

 

—

 

 

 

1,001

 

Residential real estate

 

 

408

 

 

 

261

 

 

 

—

 

 

 

5

 

 

 

674

 

Commercial real estate

 

 

198

 

 

 

(5

)

 

 

—

 

 

 

46

 

 

 

239

 

Home equity lines of credit

 

 

174

 

 

 

100

 

 

 

—

 

 

 

—

 

 

 

274

 

Construction and land

 

 

12

 

 

 

(12

)

 

 

—

 

 

 

—

 

 

 

—

 

Qualitative

 

 

1,152

 

 

 

(247

)

 

 

—

 

 

 

—

 

 

 

905

 

 

 

$

12,668

 

 

$

6,749

 

 

$

(472

)

 

$

51

 

 

$

18,996

 

 
Recorded Balances Of Loans And Amount Of Allowance Allocated Based Upon Impairment Method By Portfolio Segment

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

22,414

 

 

$

22,414

 

 

$

—

 

 

$

1,121,643

 

 

$

1,121,643

 

Consumer

 

 

21

 

 

 

1,592

 

 

 

1,613

 

 

 

21

 

 

 

1,026,176

 

 

 

1,026,197

 

Residential real estate

 

 

24

 

 

 

1,098

 

 

 

1,122

 

 

 

945

 

 

 

260,013

 

 

 

260,958

 

Commercial real estate

 

 

—

 

 

 

264

 

 

 

264

 

 

 

—

 

 

 

19,811

 

 

 

19,811

 

Home equity lines of credit

 

 

149

 

 

 

104

 

 

 

253

 

 

 

323

 

 

 

10,937

 

 

 

11,260

 

Construction & Land

 

 

—

 

 

 

47

 

 

 

47

 

 

 

—

 

 

 

2,474

 

 

 

2,474

 

Qualitative

 

 

—

 

 

 

1,994

 

 

 

1,994

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

194

 

 

$

27,513

 

 

$

27,707

 

 

$

1,289

 

 

$

2,441,054

 

 

$

2,442,343

 

 

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

15,903

 

 

$

15,903

 

 

$

—

 

 

$

833,988

 

 

$

833,988

 

Consumer

 

 

—

 

 

 

1,001

 

 

 

1,001

 

 

—

 

 

 

638,810

 

 

 

638,810

 

Residential real estate

 

 

87

 

 

 

587

 

 

 

674

 

 

 

378

 

 

 

418,428

 

 

 

418,806

 

Commercial real estate

 

 

30

 

 

 

209

 

 

 

239

 

 

 

235

 

 

 

15,736

 

 

 

15,971

 

Home equity lines of credit

 

 

149

 

 

 

125

 

 

 

274

 

 

 

323

 

 

 

13,453

 

 

 

13,776

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Qualitative

 

 

—

 

 

 

905

 

 

 

905

 

 

 

—

 

 

 

—

 

 

—

 

 

 

$

266

 

 

$

18,730

 

 

$

18,996

 

 

$

936

 

 

$

1,920,415

 

 

$

1,921,351

 

 

 

 

 

Allowance for Loan Losses

 

 

Recorded Investment in Loans

 

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

 

Individually

Evaluated for

Impairment

 

 

Collectively

Evaluated for

Impairment

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

16,609

 

 

$

16,609

 

 

$

—

 

 

$

896,853

 

 

$

896,853

 

Consumer

 

 

13

 

 

 

1,242

 

 

 

1,255

 

 

 

13

 

 

 

758,275

 

 

 

758,288

 

Residential real estate

 

 

87

 

 

 

700

 

 

 

787

 

 

 

378

 

 

 

432,268

 

 

 

432,646

 

Commercial real estate

 

 

23

 

 

 

209

 

 

 

232

 

 

 

228

 

 

 

15,674

 

 

 

15,902

 

Home equity lines of credit

 

 

149

 

 

 

118

 

 

 

267

 

 

 

323

 

 

 

12,622

 

 

 

12,945

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Qualitative

 

 

—

 

 

 

1,581

 

 

 

1,581

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

$

272

 

 

$

20,459

 

 

$

20,731

 

 

$

942

 

 

$

2,115,692

 

 

 

2,116,634

 

 
Loans That Were Individually Evaluated For Impairment By Portfolio Segment

 

 

 

September 30, 2015

 

 

 

Unpaid

Contractual

Principal

Balance

 

 

Recorded

Investment

with No

Allowance

 

 

Recorded

Investment

with

Allowance

 

 

Total

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Consumer

 

 

23

 

 

—

 

 

 

21

 

 

 

21

 

 

 

2

 

 

 

24

 

Residential real estate

 

 

378

 

 

 

145

 

 

 

206

 

 

 

351

 

 

 

24

 

 

 

381

 

Commercial real estate

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Home equity lines of credit

 

 

323

 

 

—

 

 

 

323

 

 

 

323

 

 

 

148

 

 

 

323

 

Construction and land

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

 

$

724

 

 

$

145

 

 

$

550

 

 

$

695

 

 

$

174

 

 

$

728

 

 

 

 

December 31, 2014

 

 

 

Unpaid

Contractual

Principal

Balance

 

 

Recorded

Investment

with No

Allowance

 

 

Recorded

Investment

with

Allowance

 

 

Total

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Consumer

 

 

13

 

 

 

—

 

 

 

13

 

 

 

13

 

 

 

13

 

 

 

15

 

Residential real estate

 

 

5,006

 

 

 

3,944

 

 

 

377

 

 

 

4,321

 

 

 

87

 

 

 

4,646

 

Commercial real estate

 

 

228

 

 

 

—

 

 

 

228

 

 

 

228

 

 

 

23

 

 

 

235

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

 

 

323

 

 

 

149

 

 

 

323

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

5,570

 

 

$

3,944

 

 

$

941

 

 

$

4,885

 

 

$

272

 

 

$

5,219

 

 
Aging Of The Recorded Investment In Past Due Loans

 

 

 

As of September 30, 2015

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total Past

Due

 

 

Current

Balance

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

 

$

1,121,643

 

 

$

1,121,643

 

Consumer

 

 

9

 

 

 

12

 

 

 

21

 

 

 

1,026,176

 

 

 

1,026,197

 

Residential real estate

 

 

2,103

 

 

 

23

 

 

 

2,126

 

 

 

258,832

 

 

 

260,958

 

Commercial real estate

 

—

 

 

—

 

 

—

 

 

 

19,811

 

 

 

19,811

 

Home equity lines of credit

 

—

 

 

—

 

 

—

 

 

 

11,260

 

 

 

11,260

 

Construction and land

 

—

 

 

—

 

 

—

 

 

 

2,474

 

 

 

2,474

 

Total

 

$

2,112

 

 

$

35

 

 

$

2,147

 

 

$

2,440,196

 

 

$

2,442,343

 

 

 

 

As of September 30, 2015 *

 

 

 

Non-accrual

 

 

Restructured

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

Consumer

 

 

21

 

 

—

 

 

 

21

 

Residential real estate

 

 

23

 

 

 

328

 

 

 

351

 

Commercial real estate

 

—

 

 

—

 

 

—

 

Home equity lines of credit

 

 

323

 

 

—

 

 

 

323

 

Construction and land

 

—

 

 

—

 

 

—

 

Total

 

$

367

 

 

$

328

 

 

$

695

 

 

*

There were no loans past due 90 days and still accruing interest at September 30, 2015.

 

 

 

As of December 31, 2014

 

 

 

30 – 89 Days

Past Due

 

 

90 or More

Days Past Due

 

 

Total

Past Due

 

 

Current

Balance

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

 

$

896,853

 

 

$

896,853

 

Consumer

 

 

28

 

 

 

14

 

 

 

42

 

 

 

758,246

 

 

 

758,288

 

Residential real estate

 

 

6,603

 

 

 

4,834

 

 

 

11,437

 

 

 

421,209

 

 

 

432,646

 

Commercial real estate

 

 

—

 

 

 

—

 

 

 

—

 

 

 

15,902

 

 

 

15,902

 

Home equity lines of credit

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,945

 

 

 

12,945

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

6,631

 

 

$

4,848

 

 

$

11,479

 

 

$

2,105,155

 

 

$

2,116,634

 

 

 

 

As of December 31, 2014*

 

 

 

Non-accrual

 

 

Restructured

 

 

Total

 

Commercial and industrial

 

$

—

 

 

$

—

 

 

$

—

 

Consumer

 

 

13

 

 

 

—

 

 

 

13

 

Residential real estate

 

 

4,321

 

 

 

504

 

 

 

4,825

 

Commercial real estate

 

 

228

 

 

 

—

 

 

 

228

 

Home equity lines of credit

 

 

323

 

 

 

—

 

 

 

323

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

4,885

 

 

$

504

 

 

$

5,389

 

 

*

There were no loans past due 90 days and still accruing interest at December 31, 2014.
Risk Category Of Loan Portfolio

 

 

 

As of September 30, 2015

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Commercial and industrial

 

$

1,108,067

 

 

$

12,052

 

 

$

1,524

 

 

$

—

 

 

$

1,121,643

 

Consumer

 

 

1,026,176

 

 

—

 

 

 

21

 

 

—

 

 

 

1,026,197

 

Residential real estate

 

 

260,935

 

 

—

 

 

 

23

 

 

—

 

 

 

260,958

 

Commercial real estate

 

 

19,811

 

 

—

 

 

—

 

 

—

 

 

 

19,811

 

Home equity lines of credit

 

 

11,260

 

 

—

 

 

—

 

 

—

 

 

 

11,260

 

Construction and land

 

 

2,474

 

 

—

 

 

—

 

 

—

 

 

 

2,474

 

Total

 

$

2,428,723

 

 

$

12,052

 

 

$

1,568

 

 

$

—

 

 

$

2,442,343

 

 

 

 

As of December 31, 2014

 

 

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Commercial and industrial

 

$

896,853

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

896,853

 

Consumer

 

 

758,246

 

 

 

28

 

 

 

14

 

 

 

—

 

 

 

758,288

 

Residential real estate

 

 

421,209

 

 

 

6,603

 

 

 

4,834

 

 

 

—

 

 

 

432,646

 

Commercial real estate

 

 

15,902

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

15,902

 

Home equity lines of credit

 

 

12,945

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,945

 

Construction and land

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

2,105,155

 

 

$

6,631

 

 

$

4,848

 

 

$

—

 

 

$

2,116,634