XML 83 R72.htm IDEA: XBRL DOCUMENT v3.20.2
Allowance for Credit Losses - Disaggregated analysis of the changes in allowance for credit losses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 07, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Allowance for credit losses          
Balance at beginning of period   $ 144,785 $ 56,522 $ 56,927 $ 55,798
Charge-offs   (2,431) (2,862) (5,654) (4,481)
Recoveries   2,330 991 4,239 1,949
Net charge-offs   (101) (1,871) (1,415) (2,532)
Provision (benefit)   29,536 3,704 64,270 5,192
Balance at end of period   434,608 58,213 434,608 58,213
Quantitative allowance          
Collectively evaluated   356,187   356,187  
Individually evaluated   10,904   10,904  
Total quantitative allowance   367,091   367,091  
Qualitative allowance   67,517   67,517  
Provision for loan losses charged to operations   29,536 $ 3,704 64,270 $ 5,192
Unfunded Commitment          
Allowance for credit losses          
Provision (benefit)   12,500   14,300  
Quantitative allowance          
Provision for loan losses charged to operations   12,500   14,300  
Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   150,946   3,408  
Balance at end of period   150,946   150,946  
Adjustments          
Allowance for credit losses          
Balance at beginning of period   405,173   111,365  
Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   109,442   51,030  
Balance at end of period   109,442   109,442  
Mortgage          
Allowance for credit losses          
Balance at beginning of period   16,033   5,076  
Charge-offs   (103)   (407)  
Recoveries   187   406  
Net charge-offs   84   (1)  
Provision (benefit)   1,999   8,186  
Balance at end of period   65,764   65,764  
Quantitative allowance          
Collectively evaluated   59,681   59,681  
Individually evaluated   160   160  
Total quantitative allowance   59,841   59,841  
Qualitative allowance   5,923   5,923  
Provision for loan losses charged to operations   1,999   8,186  
Mortgage | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   30,710   98  
Balance at end of period   30,710   30,710  
Mortgage | Adjustments          
Allowance for credit losses          
Balance at beginning of period   63,681   9,931  
Mortgage | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   16,938   4,757  
Balance at end of period   16,938   16,938  
HELOC          
Allowance for credit losses          
Balance at beginning of period   12,050   4,310  
Charge-offs   (68)   (683)  
Recoveries   203   608  
Net charge-offs   135   (75)  
Provision (benefit)   5,028   8,856  
Balance at end of period   26,560   26,560  
Quantitative allowance          
Collectively evaluated   23,527   23,527  
Individually evaluated   299   299  
Total quantitative allowance   23,826   23,826  
Qualitative allowance   2,734   2,734  
Provision for loan losses charged to operations   5,028   8,856  
HELOC | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   5,119   286  
Balance at end of period   5,119   5,119  
HELOC | Adjustments          
Allowance for credit losses          
Balance at beginning of period   21,397   8,432  
HELOC | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   4,228   3,836  
Balance at end of period   4,228   4,228  
Non MOHO          
Allowance for credit losses          
Balance at beginning of period   2,732   1,142  
Charge-offs   (249)   (479)  
Recoveries   78   113  
Net charge-offs   (171)   (366)  
Provision (benefit)   2,018   2,710  
Balance at end of period   9,545   9,545  
Quantitative allowance          
Collectively evaluated   6,213   6,213  
Total quantitative allowance   6,213   6,213  
Qualitative allowance   3,332   3,332  
Provision for loan losses charged to operations   2,018   2,710  
Non MOHO | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   1,130   14  
Balance at end of period   1,130   1,130  
Non MOHO | Adjustments          
Allowance for credit losses          
Balance at beginning of period   7,698   2,235  
Non MOHO | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   3,836   1,079  
Balance at end of period   3,836   3,836  
Mobile Home          
Allowance for credit losses          
Balance at beginning of period   4,458   2,176  
Charge-offs   (26)   (406)  
Recoveries   64   117  
Net charge-offs   38   (289)  
Provision (benefit)   (1,110)   (582)  
Balance at end of period   8,376   8,376  
Quantitative allowance          
Collectively evaluated   8,202   8,202  
Total quantitative allowance   8,202   8,202  
Qualitative allowance   174   174  
Provision for loan losses charged to operations   (1,110)   (582)  
Mobile Home | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   4,990   655  
Balance at end of period   4,990   4,990  
Mobile Home | Adjustments          
Allowance for credit losses          
Balance at beginning of period   9,448   4,257  
Mobile Home | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period       1,426  
Ready Reserves          
Allowance for credit losses          
Balance at beginning of period   513   231  
Charge-offs   (106)   (205)  
Recoveries       5  
Net charge-offs   (106)   (200)  
Provision (benefit)   95   251  
Balance at end of period   502   502  
Quantitative allowance          
Collectively evaluated   460   460  
Total quantitative allowance   460   460  
Qualitative allowance   42   42  
Provision for loan losses charged to operations   95   251  
Ready Reserves | Adjustments          
Allowance for credit losses          
Balance at beginning of period   513   451  
Ready Reserves | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period       220  
Overdrafts          
Allowance for credit losses          
Balance at beginning of period   855   561  
Charge-offs   (742)   (1,818)  
Recoveries   288   662  
Net charge-offs   (454)   (1,156)  
Provision (benefit)   665   1,124  
Balance at end of period   1,066   1,066  
Quantitative allowance          
Collectively evaluated   955   955  
Total quantitative allowance   955   955  
Qualitative allowance   111   111  
Provision for loan losses charged to operations   665   1,124  
Overdrafts | Adjustments          
Allowance for credit losses          
Balance at beginning of period   855   1,098  
Overdrafts | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period       537  
Land          
Allowance for credit losses          
Balance at beginning of period   7,254   3,055  
Charge-offs   (100)   (205)  
Recoveries   571   743  
Net charge-offs   471   538  
Provision (benefit)   2,527   3,737  
Balance at end of period   30,155   30,155  
Quantitative allowance          
Collectively evaluated   32,961   32,961  
Individually evaluated   63   63  
Total quantitative allowance   33,024   33,024  
Qualitative allowance   (2,869)   (2,869)  
Provision for loan losses charged to operations   2,527   3,737  
Land | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   7,338   348  
Balance at end of period   7,338   7,338  
Land | Adjustments          
Allowance for credit losses          
Balance at beginning of period   27,157   5,977  
Land | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   12,565   2,574  
Balance at end of period   12,565   12,565  
CRE-OO and C&I          
Allowance for credit losses          
Balance at beginning of period   40,345   18,189  
Charge-offs   (698)   (1,059)  
Recoveries   710   955  
Net charge-offs   12   (104)  
Provision (benefit)   63   4,941  
Balance at end of period   130,990   130,990  
Quantitative allowance          
Collectively evaluated   109,525   109,525  
Individually evaluated   6,240   6,240  
Total quantitative allowance   115,765   115,765  
Qualitative allowance   15,225   15,225  
Provision for loan losses charged to operations   63   4,941  
CRE-OO and C&I | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   54,973   907  
Balance at end of period   54,973   54,973  
CRE-OO and C&I | Adjustments          
Allowance for credit losses          
Balance at beginning of period   130,915   35,583  
CRE-OO and C&I | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   35,597   16,487  
Balance at end of period   35,597   35,597  
CRE and OIPP          
Allowance for credit losses          
Balance at beginning of period   57,437   20,800  
Charge-offs   (23)   (23)  
Recoveries   213   414  
Net charge-offs   190   391  
Provision (benefit)   15,942   32,490  
Balance at end of period   156,533   156,533  
Quantitative allowance          
Collectively evaluated   111,087   111,087  
Individually evaluated   3,916   3,916  
Total quantitative allowance   115,003   115,003  
Qualitative allowance   41,530   41,530  
Provision for loan losses charged to operations   15,942   32,490  
CRE and OIPP | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period   46,686   1,010  
Balance at end of period   46,686   46,686  
CRE and OIPP | Adjustments          
Allowance for credit losses          
Balance at beginning of period   140,401   40,688  
CRE and OIPP | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period   36,278   18,878  
Balance at end of period   36,278   36,278  
BEX and Micro          
Allowance for credit losses          
Balance at beginning of period   2,665   1,148  
Charge-offs   (316)   (369)  
Recoveries   16   216  
Net charge-offs   (300)   (153)  
Provision (benefit)   2,071   2,344  
Balance at end of period   4,436   4,436  
Quantitative allowance          
Collectively evaluated   3,576   3,576  
Individually evaluated   226   226  
Total quantitative allowance   3,802   3,802  
Qualitative allowance   634   634  
Provision for loan losses charged to operations   2,071   2,344  
BEX and Micro | Initial PCD Allowance          
Allowance for credit losses          
Balance at beginning of period       90  
BEX and Micro | Adjustments          
Allowance for credit losses          
Balance at beginning of period   2,665   2,245  
BEX and Micro | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period       1,007  
In transit          
Allowance for credit losses          
Balance at beginning of period   443   239  
Provision (benefit)   238   213  
Balance at end of period   681   681  
Quantitative allowance          
Qualitative allowance   681   681  
Provision for loan losses charged to operations   238   213  
In transit | Adjustments          
Allowance for credit losses          
Balance at beginning of period   443   468  
In transit | Adjustments | ASU 2016-13          
Allowance for credit losses          
Balance at beginning of period       229  
CSFL          
Allowance for credit losses          
Charge-offs $ (158,200)        
CSFL | Unfunded Commitment          
Allowance for credit losses          
Provision (benefit)   9,600   9,600  
Quantitative allowance          
Provision for loan losses charged to operations   $ 9,600   $ 9,600