Loans and Leases (Tables)

6 Months Ended

Jun. 30, 2014

Loans and Leases Receivable Disclosure [Abstract]

Loans And Leases Outstanding

Loans and leases outstanding include the following at June 30, 2014 and December 31, 2013:

(Dollars in thousands)	June 30, 2014		December 31, 2013
Acquired loans
Commercial:
Construction and land development	$	80,827	$	78,915
Commercial mortgage	637,481		642,891
Other commercial real estate	34,688		41,381
Commercial and industrial	33,851		17,254
Other	1,270		866
Total commercial loans	788,117		781,307
Noncommercial:
Residential mortgage	270,688		213,851
Revolving mortgage	20,129		30,834
Construction and land development	28,759		2,583
Consumer	2,240		851
Total noncommercial loans	321,816		248,119
Total acquired loans	1,109,933		1,029,426
Originated loans and leases:
Commercial:
Construction and land development	342,021		319,847
Commercial mortgage	6,367,096		6,362,490
Other commercial real estate	178,899		178,754
Commercial and industrial	1,292,213		1,081,158
Lease financing	413,422		381,763
Other	131,051		175,336
Total commercial loans	8,724,702		8,499,348
Noncommercial:
Residential mortgage	1,071,089		982,421
Revolving mortgage	2,122,675		2,113,285
Construction and land development	119,420		122,792
Consumer	377,137		386,452
Total noncommercial loans	3,690,321		3,604,950
Total originated loans and leases	12,415,023		12,104,298
Total loans and leases	$	13,524,956	$	13,133,724

Composition Of The Loans And Leases Outstanding By Credit Quality Indicator

Originated loans and leases outstanding at June 30, 2014 and December 31, 2013 by credit quality indicator are provided below:

	June 30, 2014
(Dollars in thousands)	Originated commercial loans and leases
Grade:	Construction  and land development		Commercial mortgage		Other commercial real estate		Commercial  and industrial		Lease financing		Other		Total originated commercial loans and leases
Pass	$	330,946	$	6,102,219	$	175,413	$	1,178,124	$	405,495	$	130,997	$	8,323,194
Special mention	7,901		121,824		1,370		25,606		4,324		8		161,033
Substandard	3,174		138,451		1,966		6,474		3,122		46		153,233
Doubtful	—		3,296		—		460		481		—		4,237
Ungraded	—		1,306		150		81,549		—		—		83,005
Total	$	342,021	$	6,367,096	$	178,899	$	1,292,213	$	413,422	$	131,051	$	8,724,702
	December 31, 2013
	Originated commercial loans and leases
	Construction  and land development		Commercial mortgage		Other commercial real estate		Commercial  and industrial		Lease financing		Other		Total originated commercial loans and leases
Pass	$	308,231	$	6,094,505	$	174,913	$	964,840	$	375,371	$	174,314	$	8,092,174
Special mention	8,620		119,515		1,362		14,686		2,160		982		147,325
Substandard	2,944		141,913		2,216		6,352		3,491		40		156,956
Doubtful	52		5,159		75		144		592		—		6,022
Ungraded	—		1,398		188		95,136		149		—		96,871
Total	$	319,847	$	6,362,490	$	178,754	$	1,081,158	$	381,763	$	175,336	$	8,499,348

	June 30, 2014
	Originated noncommercial loans and leases
(Dollars in thousands)	Residential mortgage		Revolving mortgage		Construction and land development		Consumer		Total originated noncommercial loans
Current	$	1,047,270	$	2,107,889	$	118,078	$	373,579	$	3,646,816
30-59 days past due	11,219		7,690		949		1,949		21,807
60-89 days past due	4,693		2,434		229		843		8,199
90 days or greater past due	7,907		4,662		164		766		13,499
Total	$	1,071,089	$	2,122,675	$	119,420	$	377,137	$	3,690,321
	December 31, 2013
	Originated noncommercial loans and leases
	Residential mortgage		Revolving mortgage		Construction and land development		Consumer		Total originated noncommercial loans
Current	$	955,300	$	2,095,480	$	121,026	$	382,710	$	3,554,516
30-59 days past due	12,885		10,977		1,193		2,114		27,169
60-89 days past due	4,658		2,378		317		955		8,308
90 days or greater past due	9,578		4,450		256		673		14,957
Total	$	982,421	$	2,113,285	$	122,792	$	386,452	$	3,604,950

Acquired loans and leases outstanding at June 30, 2014 and December 31, 2013 by credit quality indicator are provided below:

	June 30, 2014
(Dollars in thousands)	Acquired loans
Grade:	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Residential mortgage		Revolving mortgage		Construction and land development - noncommercial		Consumer and other		Total acquired loans
Pass	$	14,193	$	349,009	$	11,422	$	26,313	$	138,836	$	15,238	$	112	$	1,469	$	556,592
Special mention	10,957		106,582		16,014		3,869		5,543		2,375		—		—		145,340
Substandard	49,746		148,880		7,252		3,221		44,396		1,696		1,237		2		256,430
Doubtful	2,214		32,503		—		431		1,401		612		295		—		37,456
Ungraded	3,717		507		—		17		80,512		208		27,115		2,039		114,115
Total	$	80,827	$	637,481	$	34,688	$	33,851	$	270,688	$	20,129	$	28,759	$	3,510	$	1,109,933
	December 31, 2013
	Acquired loans
	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Residential mortgage		Revolving mortgage		Construction and land development - noncommercial		Consumer and other		Total acquired loans
Pass	$	2,619	$	296,824	$	22,225	$	8,021	$	135,326	$	26,322	$	149	$	1,345	$	492,831
Special mention	15,530		125,295		3,431		2,585		6,301		2,608		—		—		155,750
Substandard	52,228		179,657		7,012		5,225		52,774		1,013		2,139		—		300,048
Doubtful	7,436		40,471		8,713		1,257		2,058		891		295		—		61,121
Ungraded	1,102		644		—		166		17,392		—		—		372		19,676
Total	$	78,915	$	642,891	$	41,381	$	17,254	$	213,851	$	30,834	$	2,583	$	1,717	$	1,029,426

Aging Of The Outstanding Loans And Leases By Class Excluding Loans Impaired At Acquisition Date

The aging of the outstanding loans and leases, by class, at June 30, 2014 and December 31, 2013 (excluding loans and leases acquired with deteriorated credit quality) is provided in the table below.

The calculation of days past due begins on the day after payment is due and includes all days through which all required interest or principal has not been paid. Loans and leases 30 days or less past due are considered current as various grace periods allow borrowers to make payments within a stated period after the due date and still remain in compliance with the loan agreement.

	June 30, 2014
(Dollars in thousands)	30-59 days past due		60-89 days past due		90 days or greater		Total past due		Current		Total loans and leases
Originated loans and leases:
Construction and land development - commercial	$	657	$	40	$	462	$	1,159	$	340,862	$	342,021
Commercial mortgage	11,755		3,089		10,501		25,345		6,341,751		6,367,096
Other commercial real estate	149		—		52		201		178,698		178,899
Commercial and industrial	5,459		805		593		6,857		1,285,356		1,292,213
Lease financing	1,110		8		97		1,215		412,207		413,422
Other	343		—		—		343		130,708		131,051
Residential mortgage	11,219		4,693		7,907		23,819		1,047,270		1,071,089
Revolving mortgage	7,690		2,434		4,662		14,786		2,107,889		2,122,675
Construction and land development - noncommercial	949		229		164		1,342		118,078		119,420
Consumer	1,949		843		766		3,558		373,579		377,137
Total originated loans and leases	$	41,280	$	12,141	$	25,204	$	78,625	$	12,336,398	$	12,415,023
	December 31, 2013
	30-59 days past due		60-89 days past due		90 days or greater		Total past due		Current		Total loans and leases
Originated loans and leases:
Construction and land development - commercial	$	1,603	$	9	$	457	$	2,069	$	317,778	$	319,847
Commercial mortgage	11,131		3,601		14,407		29,139		6,333,351		6,362,490
Other commercial real estate	139		210		470		819		177,935		178,754
Commercial and industrial	3,336		682		436		4,454		1,076,704		1,081,158
Lease financing	789		1,341		101		2,231		379,532		381,763
Other	—		85		—		85		175,251		175,336
Residential mortgage	12,885		4,658		9,578		27,121		955,300		982,421
Revolving mortgage	10,977		2,378		4,450		17,805		2,095,480		2,113,285
Construction and land development - noncommercial	1,193		317		256		1,766		121,026		122,792
Consumer	2,114		955		673		3,742		382,710		386,452
Total originated loans and leases	$	44,167	$	14,236	$	30,828	$	89,231	$	12,015,067	$	12,104,298

Recorded Investment, By Class, In Loans And Leases On Nonaccrual Status And Loans And Leases Greater Than 90 Days Past Due And Still Accruing

The recorded investment, by class, in loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at June 30, 2014 and December 31, 2013 (excluding acquired loans and leases) are as follows:

	June 30, 2014				December 31, 2013
(Dollars in thousands)	Nonaccrual loans and leases		Loans and leases > 90 days and accruing		Nonaccrual loans and leases		Loans and leases > 90 days and accruing
Originated loans and leases:
Construction and land development - commercial	$	659	$	—	$	544	$	—
Other commercial real estate	1,385		41		1,610		—
Commercial mortgage	28,591		1,802		33,529		1,113
Commercial and industrial	1,367		502		1,428		294
Lease financing	624		5		832		—
Residential mortgage	13,836		1,930		14,701		1,998
Revolving mortgage	—		4,662		—		4,450
Construction and land development - noncommercial	—		164		457		256
Consumer	23		766		69		673
Total originated loans and leases	$	46,485	$	9,872	$	53,170	$	8,784

Changes In Carrying Value Of Acquired Impaired Loans

The following table provides changes in the recorded investment of acquired loans during the six months ended June 30, 2014 and June 30, 2013:

(Dollars in thousands)	2014			2013
Balance at January 1	$	1,029,426		$	1,809,235
Fair value of acquired loans	316,327			—
Accretion	60,660			131,909
Payments received and other changes, net	(296,480		)	(497,808		)
Balance at June 30	$	1,109,933		$	1,443,336
Outstanding principal balance at June 30	$	1,888,475		$	2,456,347

Changes In The Amount Of Accretable Yield

For loans acquired from 1st Financial, the contractually required payments including principal and interest, cash flows expected to be collected and fair values as of the merger date were:

(Dollars in thousands)	January 1, 2014
Contractually required payments	$	414,233
Cash flows expected to be collected	400,622
Fair value at acquisition date	316,327

The following table documents changes to the amount of accretable yield for the first six months of 2014 and 2013.

(Dollars in thousands)	2014			2013
Balance at January 1	$	439,990		$	539,564
Additions	84,295			—
Accretion	(60,660		)	(131,909		)
Reclassifications from nonaccretable difference	9,992			72,149
Changes in expected cash flows that do not affect nonaccretable difference	(17,126		)	42,402
Balance at June 30	$	456,491		$	522,206