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Allowance for Loan Losses
 3 Months Ended
Mar. 31, 2014
Allowance for Loan Losses [Abstract]  
Allowance for Credit Losses [Text Block]
Allowance for Loan Losses
The allowance for loan losses is reported as a reduction of outstanding loan balances, and totaled $76.6 million and $76.4 million at March 31, 2014 and December 31, 2013, respectively.
The following tables present a summary of the changes in the allowance for loan losses for the periods indicated:
 
As of and for the three months ended March 31,
 
2014
 
2013
 
(In thousands)
Allowance for loan losses, beginning of period:
 
 
 
Commercial and industrial
$
12,837

 
$
11,825

Commercial real estate
44,979

 
52,497

Construction and land
4,465

 
5,016

Residential
10,732

 
10,892

Home equity
1,020

 
1,085

Consumer and other
322

 
540

Unallocated
2,016

 
2,202

Total allowance for loan losses, beginning of period
76,371

 
84,057

Provision/ (credit) for loan losses:
 
 
 
Commercial and industrial
(927
)
 
(114
)
Commercial real estate
1,057

 
(919
)
Construction and land
356

 
(1,036
)
Residential
(1,448
)
 
1,827

Home equity
(57
)
 
398

Consumer and other
(193
)
 
(74
)
Unallocated
12

 
(82
)
Total provision/ (credit) for loan losses
(1,200
)
 
—

Loans charged-off:
 
 
 
Commercial and industrial
(49
)
 
(27
)
Commercial real estate
—

 
(1,239
)
Construction and land
—

 
—

Residential
(88
)
 
(1,265
)
Home equity
—

 
(360
)
Consumer and other
(8
)
 
(2
)
Total charge-offs
(145
)
 
(2,893
)
Recoveries on loans previously charged-off:
 
 
 
Commercial and industrial
339

 
165

Commercial real estate
330

 
127

Construction and land
151

 
807

Residential
550

 
—

Home equity
—

 
23

Consumer and other
209

 
—

Total recoveries
1,579

 
1,122

 
As of and for the three months ended March 31,
 
2014
 
2013
 
(In thousands)
Allowance for loan losses at end of period:
 
 
 
Commercial and industrial
12,200

 
11,849

Commercial real estate
46,366

 
50,466

Construction and land
4,972

 
4,787

Residential
9,746

 
11,454

Home equity
963

 
1,146

Consumer and other
330

 
464

Unallocated
2,028

 
2,120

Total allowance for loan losses at end of period
$
76,605

 
$
82,286

The following tables present the Company’s allowance for loan losses and loan portfolio at March 31, 2014 and December 31, 2013 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at March 31, 2014 or December 31, 2013.
 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at March 31, 2014 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
12,126

 
$
45,271

 
$
4,733

 
$
9,003

Loans individually evaluated
74

 
1,095

 
239

 
743

Total allowance for loan losses
$
12,200

 
$
46,366

 
$
4,972

 
$
9,746

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at March 31, 2014:
 
 
 
 
 
 
 
Loans collectively evaluated
$
849,070

 
$
1,821,474

 
$
171,262

 
$
2,017,967

Loans individually evaluated
3,131

 
37,160

 
3,454

 
17,888

Total Loans
$
852,201

 
$
1,858,634

 
$
174,716

 
$
2,035,855

 
 
 
 
 
 
 
 
 
Home equity
 
Consumer
and other
 
Unallocated
 
Total
 
(In thousands)
Allowance for loan losses balance at March 31, 2014 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
963

 
$
330

 
$
2,028

 
$
74,454

Loans individually evaluated
—

 
—

 
—

 
2,151

Total allowance for loan losses
$
963

 
$
330

 
$
2,028

 
$
76,605

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at March 31, 2014:
 
 
 
 
 
 
 
Loans collectively evaluated
$
108,913

 
$
132,094

 
$
—

 
$
5,100,780

Loans individually evaluated
50

 
7

 
—

 
61,690

Total Loans
$
108,963

 
$
132,101

 
$
—

 
$
5,162,470


 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at December 31, 2013 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
12,737

 
$
44,249

 
$
4,229

 
$
9,820

Loans individually evaluated
100

 
730

 
236

 
912

Total allowance for loan losses
$
12,837

 
$
44,979

 
$
4,465

 
$
10,732

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2013:
 
 
 
 
 
 
 
Loans collectively evaluated
$
862,616

 
$
1,772,785

 
$
150,087

 
$
2,016,160

Loans individually evaluated
3,437

 
40,609

 
3,830

 
16,134

Total Loans
$
866,053

 
$
1,813,394

 
$
153,917

 
$
2,032,294

 
 
 
 
 
 
 
 
 
Home equity
 
Consumer
and other
 
Unallocated
 
Total
 
(In thousands)
Allowance for loan losses balance at December 31, 2013 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,020

 
$
322

 
$
2,016

 
$
74,393

Loans individually evaluated
—

 
—

 
—

 
1,978

Total allowance for loan losses
$
1,020

 
$
322

 
$
2,016

 
$
76,371

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2013:
 
 
 
 
 
 
 
Loans collectively evaluated
$
113,610

 
$
133,134

 
$
—

 
$
5,048,392

Loans individually evaluated
50

 
7

 
—

 
64,067

Total Loans
$
113,660

 
$
133,141

 
$
—

 
$
5,112,459