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Loans Receivable and Credit Quality (Tables)
12 Months Ended
Dec. 31, 2015
Loans Receivable [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:
 
December 31, 2015
 
December 31, 2014
 
(In thousands)
Commercial and industrial
$
1,111,555

 
$
953,085

Commercial real estate
1,914,134

 
1,788,403

Construction and land
183,434

 
125,349

Residential
2,229,540

 
2,132,095

Home equity
119,828

 
114,859

Consumer and other
160,721

 
156,145

Total Loans
$
5,719,212

 
$
5,269,936

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:
 
December 31, 2015
 
December 31, 2014
 
(In thousands)
Commercial and industrial
$
1,019

 
$
2,129

Commercial real estate
11,232

 
18,485

Construction and land
3,297

 
11,422

Residential
9,661

 
9,713

Home equity
1,306

 
1,320

Consumer and other
56

 
1,113

Total
$
26,571

 
$
44,182

Past Due Financing Receivables [Table Text Block]
The following tables present the payment status of loans receivable by class of receivable as of the dates indicated:
 
December 31, 2015
 
Accruing Past Due
 
Nonaccrual Loans
 
 
 
 
 
30-59 Days Past Due
 
60-89 Days Past Due
 
Total Accruing Past Due
 
Current Payment Status
 
30-89 Days Past Due
 
90 Days or Greater Past Due
 
Total Non- accrual Loans
 
Current Accruing Loans
 
Total Loans Receivable
 
(In thousands)
Commercial and industrial
$
2,329

 
$
338

 
$
2,667

 
$
726

 
$

 
$
293

 
$
1,019

 
$
1,107,869

 
$
1,111,555

Commercial real estate
2,091

 
529

 
2,620

 
5,912

 

 
5,320

 
11,232

 
1,900,282

 
1,914,134

Construction and land

 

 

 
149

 
34

 
3,114

 
3,297

 
180,137

 
183,434

Residential
6,267

 
873

 
7,140

 
924

 
874

 
7,863

 
9,661

 
2,212,739

 
2,229,540

Home equity
40

 

 
40

 
217

 

 
1,089

 
1,306

 
118,482

 
119,828

Consumer and other
235

 
392

 
627

 
24

 
9

 
23

 
56

 
160,038

 
160,721

Total
$
10,962

 
$
2,132

 
$
13,094

 
$
7,952

 
$
917

 
$
17,702

 
$
26,571

 
$
5,679,547

 
$
5,719,212



 
December 31, 2014
 
Accruing Past Due
 
Nonaccrual Loans
 
 
 
 
 
30-59 Days Past Due
 
60-89 Days Past Due
 
Total Accruing Past Due
 
Current Payment Status
 
30-89 Days Past Due
 
90 Days or Greater Past Due
 
Total Non- accrual Loans
 
Current Accruing Loans
 
Total Loans Receivable
 
(In thousands)
Commercial and industrial
$
723

 
$

 
$
723

 
$
157

 
$

 
$
1,972

 
$
2,129

 
$
950,233

 
$
953,085

Commercial real estate
167

 
71

 
238

 
14,235

 
684

 
3,566

 
18,485

 
1,769,680

 
1,788,403

Construction and land

 

 

 
8,245

 
86

 
3,091

 
11,422

 
113,927

 
125,349

Residential
3,878

 
1,913

 
5,791

 
2,770

 
1,704

 
5,239

 
9,713

 
2,116,591

 
2,132,095

Home equity

 

 

 
98

 

 
1,222

 
1,320

 
113,539

 
114,859

Consumer and other
208

 

 
208

 
1,041

 
9

 
63

 
1,113

 
154,824

 
156,145

Total
$
4,976

 
$
1,984

 
$
6,960

 
$
26,546

 
$
2,483

 
$
15,153

 
$
44,182

 
$
5,218,794

 
$
5,269,936

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:
 
December 31, 2015
 
By Loan Grade or Nonaccrual Status
 
 
 
Pass
 
Special Mention
 
Accruing Substandard
 
Nonaccrual Loans
 
Total
 
(In thousands)
Commercial and industrial
$
1,070,438

 
$
28,643

 
$
11,455

 
$
1,019

 
$
1,111,555

Commercial real estate
1,841,603

 
27,594

 
33,705

 
11,232

 
1,914,134

Construction and land
162,563

 
12,974

 
4,600

 
3,297

 
183,434

Residential
2,213,204

 

 
6,675

 
9,661

 
2,229,540

Home equity
118,522

 

 

 
1,306

 
119,828

Consumer and other
158,686

 

 
1,979

 
56

 
160,721

Total
$
5,565,016

 
$
69,211

 
$
58,414

 
$
26,571

 
$
5,719,212




 
December 31, 2014
 
By Loan Grade or Nonaccrual Status
 
 
 
Pass
 
Special Mention
 
Accruing Substandard
 
Nonaccrual Loans
 
Total
 
(In thousands)
Commercial and industrial
$
928,228

 
$
15,703

 
$
7,025

 
$
2,129

 
$
953,085

Commercial real estate
1,703,064

 
47,782

 
19,072

 
18,485

 
1,788,403

Construction and land
100,672

 
13,255

 

 
11,422

 
125,349

Residential
2,112,129

 

 
10,253

 
9,713

 
2,132,095

Home equity
113,017

 

 
522

 
1,320

 
114,859

Consumer and other
153,044

 

 
1,988

 
1,113

 
156,145

Total
$
5,110,154

 
$
76,740

 
$
38,860

 
$
44,182

 
$
5,269,936

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 year ended December 31, 2015
 
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
$
2,259

 
$
2,569

 
n/a
 
$
1,638

 
$
836

Commercial real estate
12,116

 
20,113

 
n/a
 
17,885

 
1,494

Construction and land
1,097

 
2,132

 
n/a
 
3,027

 
92

Residential
7,788

 
8,576

 
n/a
 
9,384

 
269

Home equity

 

 
n/a
 
42

 
2

Consumer and other

 

 
n/a
 
545

 
61

Subtotal
$
23,260

 
$
33,390

 
n/a
 
$
32,521

 
$
2,754

With an allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
15

 
$
15

 
$
270

 
$
657

 
$
66

Commercial real estate
7,346

 
7,775

 
713

 
8,749

 
385

Construction and land
2,200

 
2,356

 
172

 
2,200

 

Residential
6,351

 
6,966

 
474

 
6,940

 
186

Home equity

 

 

 

 

Consumer and other

 

 

 

 

Subtotal
$
15,912

 
$
17,112

 
$
1,629

 
$
18,546

 
$
637

Total:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
2,274

 
$
2,584

 
$
270

 
$
2,295

 
$
902

Commercial real estate
19,462

 
27,888

 
713

 
26,634

 
1,879

Construction and land
3,297

 
4,488

 
172

 
5,227

 
92

Residential
14,139

 
15,542

 
474

 
16,324

 
455

Home equity

 

 

 
42

 
2

Consumer and other

 

 

 
545

 
61

Total
$
39,172

 
$
50,502

 
$
1,629

 
$
51,067

 
$
3,391

___________________
(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, 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
$
2,011

 
$
3,095

 
n/a
 
$
2,055

 
$
28

Commercial real estate
21,500

 
28,700

 
n/a
 
24,921

 
2,483

Construction and land
9,221

 
11,133

 
n/a
 
1,597

 

Residential
9,650

 
10,788

 
n/a
 
9,221

 
406

Home equity
50

 
50

 
n/a
 
50

 
3

Consumer and other
1,006

 
1,007

 
n/a
 
546

 
1

Subtotal
$
43,438

 
$
54,773

 
n/a
 
$
38,390

 
$
2,921

With an allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
891

 
$
954

 
$
91

 
$
1,111

 
$
99

Commercial real estate
9,065

 
9,493

 
2,592

 
7,925

 
379

Construction and land
2,200

 
2,356

 
172

 
2,545

 

Residential
6,749

 
6,749

 
1,330

 
7,742

 
219

Home equity

 

 

 

 

Consumer and other

 

 

 

 

Subtotal
$
18,905

 
$
19,552

 
$
4,185

 
$
19,323

 
$
697

Total:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
2,902

 
$
4,049

 
$
91

 
$
3,166

 
$
127

Commercial real estate
30,565

 
38,193

 
2,592

 
32,846

 
2,862

Construction and land
11,421

 
13,489

 
172

 
4,142

 

Residential
16,399

 
17,537

 
1,330

 
16,963

 
625

Home equity
50

 
50

 

 
50

 
3

Consumer and other
1,006

 
1,007

 

 
546

 
1

Total
$
62,343

 
$
74,325

 
$
4,185

 
$
57,713

 
$
3,618

____________________
(1)
Recorded investment represents the client loan balance net of historical charge-offs and historical nonaccrual interest paid, which was applied to principal.
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 year ended December 31, 2015

Restructured Year to Date
 
TDRs that defaulted in 2015
that were restructured in a TDR
in 2015.
 
# of Loans
 
Pre-modification
recorded investment
 
Post-modification
recorded investment
 
# of Loans
 
Post-modification
recorded investment
 
(In thousands, except number of loans)
Commercial and industrial
1

 
$
1,298

 
$
1,304

 

 
$

Commercial real estate
2

 
4,850

 
4,838

 
1

 
3,701

Construction and land

 

 

 

 

Residential
8

 
513

 
516

 

 

Home equity

 

 

 

 

Consumer and other

 

 

 

 

Total
11

 
$
6,661

 
$
6,658

 
1

 
$
3,701



 
As of and for the year ended December 31, 2015
 
Extension of Term
 
Temporary Rate Reduction
 
Payment Deferral
 
Combination of Concessions (1)
 
Total Concessions
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
(In thousands, except number of loans)
Commercial and Industrial

$

 

$

 

$

 
1

$
1,304

 
1

$
1,304

Commercial real estate
1

4,118

 


 


 
1

720

 
2

4,838

Construction and Land


 


 


 


 


Residential


 
7

491

 
1

25

 


 
8

516

Home Equity


 


 


 


 


Consumer and other


 


 


 


 


____________________
(1)
Combination of concessions includes loans that have had more than one modification, including extension of term, temporary reduction of interest rate, and/or payment deferral.


 
As of and for the year ended December 31, 2014
 
Restructured Year to Date
 
TDRs that defaulted in 2014
that were restructured
in a TDR in 2014.
 
# of Loans
 
Pre-modification
recorded investment
 
Post-modification
recorded investment
 
# of Loans
 
Post-modification
recorded investment
 
(In thousands, except number of loans)
Commercial and industrial

 
$

 
$

 

 
$

Commercial real estate
1

 
189

 
189

 

 

Construction and land
2

 
8,782

 
7,882

 

 

Residential
3

 
287

 
296

 
4

 
663

Home equity

 

 

 

 

Consumer and other
1

 
1,000

 
1,000

 

 

Total
7

 
$
10,258

 
$
9,367

 
4

 
$
663



 
As of and for the year ended December 31, 2014
 
Extension of Term
 
Temporary Rate Reduction
 
Payment Deferral
 
Combination of Concessions (1)
 
Total Concessions
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
# of Loans
Post-
modifi-
cation
recorded
invest-
ment
 
(In thousands, except number of loans)
Commercial and Industrial

$

 

$

 

$

 

$

 

$

Commercial real estate
1

189

 


 


 


 
1

189

Construction and Land
2

7,882

 


 


 


 
2

7,882

Residential


 
3

296

 


 


 
3

296

Home Equity


 


 


 


 


Consumer and other
1

1,000

 


 


 


 
1

1,000

____________________
(1)
Combination of concessions includes loans that have had more than one modification, including extension of term, temporary reduction of interest rate, and/or payment deferral.