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Loans and Leases (Tables)
3 Months Ended
Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]  
Loans And Leases Outstanding
Loans and leases outstanding included the following at March 31, 2016 and December 31, 2015:
(Dollars in thousands)
March 31, 2016
 
December 31, 2015
Non-PCI loans and leases:
 
 
 
Commercial:
 
 
 
Construction and land development
$
626,311

 
$
620,352

Commercial mortgage
8,353,631

 
8,274,548

Other commercial real estate
324,858

 
321,021

Commercial and industrial
2,389,946

 
2,368,958

Lease financing
751,292

 
730,778

Other
343,877

 
314,832

Total commercial loans
12,789,915

 
12,630,489

Noncommercial:
 
 
 
Residential mortgage
2,718,208

 
2,695,985

Revolving mortgage
2,521,902

 
2,523,106

Construction and land development
213,232

 
220,073

Consumer
1,228,545

 
1,219,821

Total noncommercial loans
6,681,887

 
6,658,985

Total non-PCI loans and leases
19,471,802

 
19,289,474

PCI loans:
 
 
 
Commercial:
 
 
 
Construction and land development
32,799

 
33,880

Commercial mortgage
526,776

 
525,468

Other commercial real estate
18,050

 
17,076

Commercial and industrial
14,742

 
15,182

Other
1,860

 
2,008

Total commercial loans
594,227

 
593,614

Noncommercial:
 
 
 
Residential mortgage
298,662

 
302,158

Revolving mortgage
50,574

 
52,471

Consumer
2,424

 
2,273

Total noncommercial loans
351,660

 
356,902

Total PCI loans
945,887

 
950,516

Total loans and leases
$
20,417,689

 
$
20,239,990

Composition Of The Loans And Leases Outstanding By Credit Quality Indicator
Non-PCI loans and leases outstanding at March 31, 2016 and December 31, 2015 by credit quality indicator are provided below:
 
March 31, 2016
(Dollars in thousands)
Non-PCI commercial loans and leases
Grade:
Construction  and land
development
 
Commercial
mortgage
 
Other
commercial real estate
 
Commercial  and
industrial
 
Lease financing
 
Other
 
Total non-PCI commercial loans and leases
Pass
$
622,312

 
$
8,102,908

 
$
321,375

 
$
2,241,626

 
$
744,585

 
$
341,300

 
$
12,374,106

Special mention
1,926

 
97,425

 
1,294

 
14,003

 
3,698

 
1,334

 
119,680

Substandard
2,073

 
149,651

 
1,030

 
20,070

 
2,639

 
1,243

 
176,706

Doubtful

 
458

 

 
399

 
46

 

 
903

Ungraded

 
3,189

 
1,159

 
113,848

 
324

 

 
118,520

Total
$
626,311

 
$
8,353,631

 
$
324,858

 
$
2,389,946

 
$
751,292

 
$
343,877

 
$
12,789,915

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
Non-PCI commercial loans and leases
 
Construction  and land
development
 
Commercial
mortgage
 
Other
commercial real estate
 
Commercial  and
industrial
 
Lease financing
 
Other
 
Total non-PCI commercial loans and leases
Pass
$
611,314

 
$
8,024,831

 
$
318,187

 
$
2,219,606

 
$
719,338

 
$
311,401

 
$
12,204,677

Special mention
5,191

 
100,220

 
475

 
19,361

 
4,869

 
1,905

 
132,021

Substandard
3,847

 
146,071

 
959

 
21,322

 
6,375

 
1,526

 
180,100

Doubtful

 
599

 

 
408

 
169

 

 
1,176

Ungraded

 
2,827

 
1,400

 
108,261

 
27

 

 
112,515

Total
$
620,352

 
$
8,274,548

 
$
321,021

 
$
2,368,958

 
$
730,778

 
$
314,832

 
$
12,630,489


 
March 31, 2016
 
Non-PCI noncommercial loans and leases
(Dollars in thousands)
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total non-PCI noncommercial
loans and leases
Current
$
2,673,451

 
$
2,501,519

 
$
208,944

 
$
1,220,091

 
$
6,604,005

30-59 days past due
24,701

 
11,219

 
3,121

 
5,339

 
44,380

60-89 days past due
7,041

 
2,396

 
325

 
1,722

 
11,484

90 days or greater past due
13,015

 
6,768

 
842

 
1,393

 
22,018

Total
$
2,718,208

 
$
2,521,902

 
$
213,232

 
$
1,228,545

 
$
6,681,887

 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
Non-PCI noncommercial loans and leases
 
Residential
mortgage
 
Revolving
mortgage
 
Construction
and land
development
 
Consumer
 
Total non-PCI noncommercial
loans and leases
Current
$
2,651,209

 
$
2,502,065

 
$
214,555

 
$
1,210,832

 
$
6,578,661

30-59 days past due
23,960

 
11,706

 
3,211

 
5,545

 
44,422

60-89 days past due
7,536

 
3,704

 
669

 
1,822

 
13,731

90 days or greater past due
13,280

 
5,631

 
1,638

 
1,622

 
22,171

Total
$
2,695,985

 
$
2,523,106

 
$
220,073

 
$
1,219,821

 
$
6,658,985



 PCI loans outstanding at March 31, 2016 and December 31, 2015 by credit quality indicator are provided below:
 
March 31, 2016
(Dollars in thousands)
PCI commercial loans
Grade:
Construction
and land
development
 
Commercial
mortgage
 
Other
commercial
real estate
 
Commercial
and
industrial
 
Other
 
Total PCI commercial
loans
Pass
$
12,797

 
$
261,904

 
$
8,500

 
$
8,595

 
$
623

 
$
292,419

Special mention
1,781

 
87,801

 
59

 
548

 

 
90,189

Substandard
14,056

 
159,083

 
9,081

 
4,292

 
1,237

 
187,749

Doubtful
4,165

 
17,656

 

 
1,240

 

 
23,061

Ungraded

 
332

 
410

 
67

 

 
809

Total
$
32,799

 
$
526,776

 
$
18,050

 
$
14,742

 
$
1,860

 
$
594,227

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
PCI commercial loans
 
Construction
and land
development
 
Commercial
mortgage
 
Other
commercial
real estate
 
Commercial
and
industrial
 
Other
 
Total PCI commercial
loans
Pass
$
14,710

 
$
262,579

 
$
7,366

 
$
9,302

 
$
706

 
$
294,663

Special mention
758

 
87,870

 
60

 
937

 

 
89,625

Substandard
14,131

 
163,801

 
9,229

 
4,588

 
1,302

 
193,051

Doubtful
4,281

 
10,875

 

 
282

 

 
15,438

Ungraded

 
343

 
421

 
73

 

 
837

Total
$
33,880

 
$
525,468

 
$
17,076

 
$
15,182

 
$
2,008

 
$
593,614



 
March 31, 2016
 
PCI noncommercial loans
(Dollars in thousands)
Residential
mortgage
 
Revolving
mortgage
 
Consumer
 
Total PCI noncommercial
loans
Current
$
261,230

 
$
44,401

 
$
2,254

 
$
307,885

30-59 days past due
10,307

 
1,544

 
123

 
11,974

60-89 days past due
3,191

 
1,306

 
45

 
4,542

90 days or greater past due
23,934

 
3,323

 
2

 
27,259

Total
$
298,662

 
$
50,574

 
$
2,424

 
$
351,660

 
 
 
 
 
 
 
 
 
December 31, 2015
 
PCI noncommercial loans
 
Residential
mortgage
 
Revolving
mortgage
 
Consumer
 
Total PCI noncommercial
loans
Current
$
257,207

 
$
47,901

 
$
1,981

 
$
307,089

30-59 days past due
12,318

 
1,127

 
86

 
13,531

60-89 days past due
4,441

 
501

 
132

 
5,074

90 days or greater past due
28,192

 
2,942

 
74

 
31,208

Total
$
302,158

 
$
52,471

 
$
2,273

 
$
356,902

Aging Of The Outstanding Loans And Leases By Class Excluding Loans Impaired At Acquisition Date
The aging of the outstanding non-PCI loans and leases, by class, at March 31, 2016 and December 31, 2015 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.
 
March 31, 2016
(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
Non-PCI loans and leases:
 
 
 
 
 
 
 
 
 
 
 
Construction and land development - commercial
$
1,039

 
$
9

 
$
312

 
$
1,360

 
$
624,951

 
$
626,311

Commercial mortgage
14,243

 
1,817

 
17,637

 
33,697

 
8,319,934

 
8,353,631

Other commercial real estate
1,144

 
248

 
27

 
1,419

 
323,439

 
324,858

Commercial and industrial
7,874

 
2,049

 
1,194

 
11,117

 
2,378,829

 
2,389,946

Lease financing
712

 
202

 
44

 
958

 
750,334

 
751,292

Residential mortgage
24,701

 
7,041

 
13,015

 
44,757

 
2,673,451

 
2,718,208

Revolving mortgage
11,219

 
2,396

 
6,768

 
20,383

 
2,501,519

 
2,521,902

Construction and land development - noncommercial
3,121

 
325

 
842

 
4,288

 
208,944

 
213,232

Consumer
5,339

 
1,722

 
1,393

 
8,454

 
1,220,091

 
1,228,545

Other
107

 

 
333

 
440

 
343,437

 
343,877

Total non-PCI loans and leases
$
69,499

 
$
15,809

 
$
41,565

 
$
126,873

 
$
19,344,929

 
$
19,471,802

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
30-59 days
past due
 
60-89 days
past due
 
90 days or greater
 
Total past
due
 
Current
 
Total loans
and leases
Non-PCI loans and leases:
 
 
 
 
 
 
 
 
 
 
 
Construction and land development - commercial
$
987

 
$
283

 
$
463

 
$
1,733

 
$
618,619

 
$
620,352

Commercial mortgage
13,023

 
3,446

 
14,495

 
30,964

 
8,243,584

 
8,274,548

Other commercial real estate
884

 

 
142

 
1,026

 
319,995

 
321,021

Commercial and industrial
2,133

 
1,079

 
1,780

 
4,992

 
2,363,966

 
2,368,958

Lease financing
2,070

 
2

 
164

 
2,236

 
728,542

 
730,778

Residential mortgage
23,960

 
7,536

 
13,280

 
44,776

 
2,651,209

 
2,695,985

Revolving mortgage
11,706

 
3,704

 
5,631

 
21,041

 
2,502,065

 
2,523,106

Construction and land development - noncommercial
3,211

 
669

 
1,638

 
5,518

 
214,555

 
220,073

Consumer
5,545

 
1,822

 
1,622

 
8,989

 
1,210,832

 
1,219,821

Other
3

 
164

 
134

 
301

 
314,531

 
314,832

Total non-PCI loans and leases
$
63,522

 
$
18,705

 
$
39,349

 
$
121,576

 
$
19,167,898

 
$
19,289,474


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 March 31, 2016 and December 31, 2015 for non-PCI loans and leases, were as follows:
 
March 31, 2016
 
December 31, 2015
(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
Non-PCI loans and leases:
 
 
 
 
 
 
 
Construction and land development - commercial
$
534

 
$
23

 
$
425

 
$
273

Commercial mortgage
35,861

 
2,671

 
42,116

 
242

Other commercial real estate
134

 

 
239

 

Commercial and industrial
4,127

 
680

 
6,235

 
953

Lease financing
254

 

 
389

 

Residential mortgage
31,262

 
561

 
29,977

 
838

Revolving mortgage
14,159

 

 
12,704

 

Construction and land development - noncommercial
2,224

 

 
2,164

 

Consumer
1,632

 
792

 
1,472

 
1,007

Other
268

 
155

 
133

 
2

Total non-PCI loans and leases
$
90,455

 
$
4,882

 
$
95,854

 
$
3,315

Changes In Carrying Value Of PCI Loans
The recorded fair values of PCI loans acquired in the NMSB acquisition as of the acquisition date were as follows:
(Dollars in thousands)
 
Commercial:
 
Construction and land development
$
139

Commercial mortgage
25,237

Other commercial real estate
1,479

Commercial and industrial
1,520

Total commercial loans
28,375

Noncommercial:
 
Residential mortgage
6,128

Revolving mortgage
234

Consumer
679

Total noncommercial loans
7,041

Total PCI loans and leases
$
35,416


The following table provides changes in the carrying value of all purchased credit-impaired loans during the three months ended March 31, 2016 and March 31, 2015:
(Dollars in thousands)
2016
 
2015
Balance at January 1
$
950,516

 
$
1,186,498

Fair value of acquired loans
35,416

 
154,496

Accretion
21,398

 
25,067

Payments received and other changes, net
(61,443
)
 
(113,516
)
Balance at March 31
$
945,887

 
$
1,252,545

Unpaid principal balance at March 31
$
1,665,896

 
$
2,092,936

Schedule of Contractually Required Payments Including Principal and Interest Expected Cash Flows to be Collected and Fair Values [Table Text Block]
The following table relates to PCI loans acquired in the NMSB acquisition and summarizes the contractually required payments, which include principal and interest, expected cash flows to be collected, and the fair value of PCI loans and leases at the acquisition date.
(Dollars in thousands)
 
Contractually required payments
$
51,098

Cash flows expected to be collected
$
41,592

Fair value of loans at acquisition
$
35,416

Changes In Carrying Value of Accretable Yield for PCI Loans
The following table documents changes to the amount of accretable yield for the first three months of 2016 and 2015.
(Dollars in thousands)
2016
 
2015
Balance at January 1
$
343,856

 
$
418,160

Additions from acquisitions
6,176

 
55,186

Accretion
(21,398
)
 
(25,067
)
Reclassifications from nonaccretable difference
9,905

 
1,294

Changes in expected cash flows that do not affect nonaccretable difference
4,418

 
(27,287
)
Balance at March 31
$
342,957

 
$
422,286