Loan Portfolio and Credit Quality (Tables)

3 Months Ended

Mar. 31, 2014

Loans and Leases Receivable Disclosure [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table presents a summary of the loan portfolio based on the portfolio segment as of the dates indicated:

	March 31, 2014		December 31, 2013
	(In thousands)
Commercial and industrial	$	852,201	$	866,053
Commercial real estate	1,858,634		1,813,394
Construction and land	174,716		153,917
Residential	2,035,855		2,032,294
Home equity	108,963		113,660
Consumer and other	132,101		133,141
Total Loans	$	5,162,470	$	5,112,459

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents nonaccrual loans receivable by class of receivable as of the dates indicated:

	March 31, 2014		December 31, 2013
	(In thousands)
Commercial and industrial	$	3,049	$	3,484
Commercial real estate	21,909		23,967
Construction and land	3,454		3,489
Residential	12,371		12,777
Home equity	1,018		1,020
Consumer and other	253		25
Total	$	42,054	$	44,762

Past Due Financing Receivables [Table Text Block]

The following tables show the payment status of loans by class of receivable as of the dates indicated:

	March 31, 2014
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	433	$	—	$	—	$	433	$	1,082	$	—	$	1,967	$	3,049	$	848,719	$	852,201
Commercial real estate	2,998		—		526		3,524		11,613		362		9,934		21,909		1,833,201		1,858,634
Construction and land	20		13		67		100		351		17		3,086		3,454		171,162		174,716
Residential	6,769		—		—		6,769		3,201		1,764		7,406		12,371		2,016,715		2,035,855
Home equity	287		—		—		287		—		—		1,018		1,018		107,658		108,963
Consumer and other	24		33		—		57		14		—		239		253		131,791		132,101
Total	$	10,531	$	46	$	593	$	11,170	$	16,261	$	2,143	$	23,650	$	42,054	$	5,109,246	$	5,162,470

	December 31, 2013
	Accruing Past Due								Nonaccrual Loans
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Accruing Past Due		Current Payment Status		30-89 Days Past Due		90+ Days Past Due		Total Non-Accrual Loans		Current Accruing Loans		Total Loans Receivable
	(In thousands)
Commercial and industrial	$	1,075	$	454	$	—	$	1,529	$	1,192	$	—	$	2,292	$	3,484	$	861,040	$	866,053
Commercial real estate	775		—		—		775		13,337		—		10,630		23,967		1,788,652		1,813,394
Construction and land	1,631		21		65		1,717		392		43		3,054		3,489		148,711		153,917
Residential	8,181		226		—		8,407		4,058		1,630		7,089		12,777		2,011,110		2,032,294
Home equity	542		4		—		546		—		1,000		20		1,020		112,094		113,660
Consumer and other	826		7		—		833		17		—		8		25		132,283		133,141
Total	$	13,030	$	712	$	65	$	13,807	$	18,996	$	2,673	$	23,093	$	44,762	$	5,053,890	$	5,112,459

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables present the loan portfolio’s credit risk profile by internally assigned grade and class of receivable as of the dates indicated:

	March 31, 2014
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	832,923	$	8,701	$	7,528	$	3,049	$	852,201
Commercial real estate	1,739,064		76,087		21,574		21,909		1,858,634
Construction and land	153,076		17,646		540		3,454		174,716
Residential	2,011,735		—		11,749		12,371		2,035,855
Home equity	107,223		—		722		1,018		108,963
Consumer and other	130,848		993		7		253		132,101
Total	$	4,974,869	$	103,427	$	42,120	$	42,054	$	5,162,470

	December 31, 2013
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	849,535	$	4,857	$	8,177	$	3,484	$	866,053
Commercial real estate	1,709,265		60,305		19,857		23,967		1,813,394
Construction and land	128,667		21,172		589		3,489		153,917
Residential	2,006,707		—		12,810		12,777		2,032,294
Home equity	112,065		—		575		1,020		113,660
Consumer and other	132,130		979		7		25		133,141
Total	$	4,938,369	$	87,313	$	42,015	$	44,762	$	5,112,459

Impaired Financing Receivables [Table Text Block]

The following tables present, by class of receivable, the balance of impaired loans with and without a related allowance, the associated allowance for those impaired loans with a related allowance, and the total unpaid principal on impaired loans:

	As of and for the three months ended March 31, 2014
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,049	$	3,161	n/a		$	2,110	$	3
Commercial real estate	29,346		40,065		n/a		30,416		269
Construction and land	730		1,456		n/a		816		—
Residential	10,163		10,766		n/a		7,134		144
Home equity	50		50		n/a		50		1
Consumer and other	7		7		n/a		7		—
Subtotal	42,345		55,505		n/a		40,533		417
With an allowance recorded:
Commercial and industrial	1,082		1,191		$	74	1,284		9
Commercial real estate	7,814		8,243		1,095		8,453		91
Construction and land	2,724		2,951		239		2,731		—
Residential	7,725		7,985		743		9,874		69
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Subtotal	19,345		20,370		2,151		22,342		169
Total:
Commercial and industrial	3,131		4,352		74		3,394		12
Commercial real estate	37,160		48,308		1,095		38,869		360
Construction and land	3,454		4,407		239		3,547		—
Residential	17,888		18,751		743		17,008		213
Home equity	50		50		—		50		1
Consumer and other	7		7		—		7		—
Total	$	61,690	$	75,875	$	2,151	$	62,875	$	586

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(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the three months ended March 31, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	7,859	$	9,043	n/a		$	7,251	$	81
Commercial real estate	39,348		58,523		n/a		39,835		101
Construction and land	934		1,547		n/a		2,633		91
Residential	6,696		8,164		n/a		3,427		29
Home equity	40		40		n/a		280		1
Consumer and other	—		—		n/a		—		—
Subtotal	54,877		77,317		n/a		53,426		303
With an allowance recorded:
Commercial and industrial	3,245		3,310		$	369	1,676		4
Commercial real estate	24,475		25,957		2,446		20,702		112
Construction and land	3,965		4,046		417		1,637		—
Residential	10,584		10,843		1,496		13,633		112
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Subtotal	42,269		44,156		4,728		37,648		228
Total:
Commercial and industrial	11,104		12,353		369		8,927		85
Commercial real estate	63,823		84,480		2,446		60,537		213
Construction and land	4,899		5,593		417		4,270		91
Residential	17,280		19,007		1,496		17,060		141
Home equity	40		40		—		280		1
Consumer and other	—		—		—		—		—
Total	$	97,146	$	121,473	$	4,728	$	91,074	$	531

___________________

(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

	As of and for the year ended December 31, 2013
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,084	$	3,222	n/a		$	3,908	$	332
Commercial real estate	31,917		42,493		n/a		33,861		1,265
Construction and land	1,072		1,798		n/a		1,472		109
Residential	5,536		7,818		n/a		4,139		134
Home equity	50		50		n/a		126		5
Consumer and other	7		7		n/a		2		—
Subtotal	40,666		55,388		n/a		43,508		1,845
With an allowance recorded:
Commercial and industrial	1,353		1,453		$	100	2,228		63
Commercial real estate	8,692		9,166		730		17,904		810
Construction and land	2,758		2,982		236		3,415		—
Residential	10,598		10,598		912		12,608		484
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Subtotal	23,401		24,199		1,978		36,155		1,357
Total:
Commercial and industrial	3,437		4,675		100		6,136		395
Commercial real estate	40,609		51,659		730		51,765		2,075
Construction and land	3,830		4,780		236		4,887		109
Residential	16,134		18,416		912		16,747		618
Home equity	50		50		—		126		5
Consumer and other	7		7		—		2		—
Total	$	64,067	$	79,587	$	1,978	$	79,663	$	3,202

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(1) Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.

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

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following tables present the balance of TDRs that were restructured or defaulted during the periods indicated:

	As of and for the three months ended March 31, 2014
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial	—	$	—	$	—	—	$	—
Commercial real estate	—	—		—		—	—
Construction and land	—	—		—		—	—
Residential (1)	1	172		181		2	145
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	1	$	172	$	181	2	$	145

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(1) Represents the following concessions: temporary reduction of interest rate.

	As of and for the three months ended March 31, 2013
	Restructured Current Quarter					TDRs that defaulted in the current quarter that were restructured in prior twelve months
	# of Loans	Pre- modification recorded investment		Post- modification recorded investment		# of Loans	Post- modification recorded investment
	(Dollars In thousands)
Commercial and industrial (1)	2	$	1,219	$	1,219	—	$	—
Commercial real estate (2)	5	9,163		9,163		1	561
Construction and land (3)	1	347		347		—	—
Residential	—	—		—		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	8	$	10,729	$	10,729	1	$	561

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(1) Represents the following concessions: extension of term (1 loan; post-modification recorded investment of $1.0 million); and temporary rate reduction (1 loan; post-modification recorded investment of $0.2 million).

(2) Represents the following concessions: extension of term (4 loans; post-modification recorded investment of $9.0 million) and combination of concessions (1 loan; post-modification recorded investment of $0.2 million).

(3) Represents the following concessions: extension of term.