Loan Portfolio and Credit Quality (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016		December 31, 2015
	(In thousands)
Commercial and industrial	$	1,069,971	$	1,111,555
Commercial real estate	1,925,519		1,914,134
Construction and land	166,674		183,434
Residential	2,216,875		2,229,540
Home equity	118,807		119,828
Consumer and other	160,335		160,721
Total Loans	$	5,658,181	$	5,719,212

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, 2016		December 31, 2015
	(In thousands)
Commercial and industrial	$	1,306	$	1,019
Commercial real estate	11,035		11,232
Construction and land	2,850		3,297
Residential	7,831		9,661
Home equity	1,301		1,306
Consumer and other	33		56
Total	$	24,356	$	26,571

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, 2016
	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	$	341	$	—	$	341	$	1,306	$	—	$	—	$	1,306	$	1,068,324	$	1,069,971
Commercial real estate	40		—		40		4,277		—		6,758		11,035		1,914,444		1,925,519
Construction and land	—		—		—		129		19		2,702		2,850		163,824		166,674
Residential	7,628		—		7,628		1,008		2,150		4,673		7,831		2,201,416		2,216,875
Home equity	12		—		12		—		88		1,213		1,301		117,494		118,807
Consumer and other	253		33		286		15		7		11		33		160,016		160,335
Total	$	8,274	$	33	$	8,307	$	6,735	$	2,264	$	15,357	$	24,356	$	5,625,518	$	5,658,181

	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

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, 2016
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	1,025,215	$	32,547	$	10,903	$	1,306	$	1,069,971
Commercial real estate	1,841,174		39,792		33,518		11,035		1,925,519
Construction and land	146,326		12,898		4,600		2,850		166,674
Residential	2,202,376		—		6,668		7,831		2,216,875
Home equity	117,506		—		—		1,301		118,807
Consumer and other	158,612		1,688		2		33		160,335
Total	$	5,491,209	$	86,925	$	55,691	$	24,356	$	5,658,181

	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

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, 2016
	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	$	2,446	$	4,431	n/a		$	2,132	$	12
Commercial real estate	11,900		20,038		n/a		12,017		38
Construction and land	2,850		4,446		n/a		1,520		—
Residential	6,821		7,181		n/a		7,071		57
Home equity	—		—		n/a		—		—
Consumer and other	—		—		n/a		—		—
Subtotal	24,017		36,096		n/a		22,740		107
With an allowance recorded:
Commercial and industrial	48		48		$	23	22		1
Commercial real estate	7,299		7,728		671		7,323		80
Construction and land	—		—		—		1,650		—
Residential	5,578		5,578		473		6,192		43
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Subtotal	12,925		13,354		1,167		15,187		124
Total:
Commercial and industrial	2,494		4,479		23		2,154		13
Commercial real estate	19,199		27,766		671		19,340		118
Construction and land	2,850		4,446		—		3,170		—
Residential	12,399		12,759		473		13,263		100
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Total	$	36,942	$	49,450	$	1,167	$	37,927	$	231

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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, 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	$	191	$	255	n/a		$	1,555	$	807
Commercial real estate	19,059		25,414		n/a		20,753		894
Construction and land	1,272		2,290		n/a		7,190		92
Residential	9,191		9,978		n/a		9,526		78
Home equity	50		50		n/a		50		1
Consumer and other	1,007		1,007		n/a		1,007		—
Subtotal	30,770		38,994		n/a		40,081		1,872
With an allowance recorded:
Commercial and industrial	941		961		$	78	991		34
Commercial real estate	8,995		9,423		2,543		9,036		92
Construction and land	2,200		2,356		172		2,200		—
Residential	7,536		7,887		1,311		7,103		49
Home equity	—		—		—		—		—
Consumer and other	—		—		—		—		—
Subtotal	19,672		20,627		4,104		19,330		175
Total:
Commercial and industrial	1,132		1,216		78		2,546		841
Commercial real estate	28,054		34,837		2,543		29,789		986
Construction and land	3,472		4,646		172		9,390		92
Residential	16,727		17,865		1,311		16,629		127
Home equity	50		50		—		50		1
Consumer and other	1,007		1,007		—		1,007		—
Total	$	50,442	$	59,621	$	4,104	$	59,411	$	2,047

___________________

(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, 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

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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, 2016 and December 31, 2015 by portfolio segment, disaggregated by method of impairment analysis. The Company had no loans acquired with deteriorated credit quality at March 31, 2016 or December 31, 2015.

	March 31, 2016
	Individually Evaluated for Impairment				Collectively Evaluated for Impairment				Total
	Recorded investment (loan balance)		Allowance for loan losses		Recorded investment (loan balance)		Allowance for loan losses		Recorded investment (loan balance)		Allowance for loan losses
	(In thousands)
Commercial and industrial	$	2,494	$	23	$	1,067,477	$	14,320	$	1,069,971	$	14,343
Commercial real estate	19,199		671		1,906,320		43,848		1,925,519		44,519
Construction and land	2,850		—		163,824		5,551		166,674		5,551
Residential	12,399		473		2,204,476		10,161		2,216,875		10,634
Home equity	—		—		118,807		1,079		118,807		1,079
Consumer	—		—		160,335		301		160,335		301
Total	$	36,942	$	1,167	$	5,621,239	$	75,260	$	5,658,181	$	76,427

	December 31, 2015
	Individually Evaluated for Impairment				Collectively Evaluated for Impairment				Total
	Recorded investment (loan balance)		Allowance for loan losses		Recorded investment (loan balance)		Allowance for loan losses		Recorded investment (loan balance)		Allowance for loan losses
	(In thousands)
Commercial and industrial	$	2,274	$	270	$	1,109,281	$	15,544	$	1,111,555	$	15,814
Commercial real estate	19,462		713		1,894,672		43,502		1,914,134		44,215
Construction and land	3,297		172		180,137		6,150		183,434		6,322
Residential	14,139		474		2,215,401		10,070		2,229,540		10,544
Home equity	—		—		119,828		1,085		119,828		1,085
Consumer	—		—		160,721		520		160,721		520
Total	$	39,172	$	1,629	$	5,680,040	$	76,871	$	5,719,212	$	78,500

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 and the types of concessions granted:

	As of and for the three months ended March 31, 2016
	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	$	175	$	—	—	$	—
Commercial real estate	—	—		—		—	—
Construction and land	—	—		—		—	—
Residential	1	145		145		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	2	$	320	$	145	—	$	—

	As of and for the three months ended March 31, 2016
	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
	(Dollars in thousands)
Commercial and industrial	—	$	—	—	$	—	—	$	—	1	$	—	1	$	—
Commercial real estate	—	—		—	—		—	—		—	—		—	—
Construction and land	—	—		—	—		—	—		—	—		—	—
Residential	—	—		1	145		—	—		—	—		1	145
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 three months ended March 31, 2015
	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	6	382		382		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	6	$	382	$	382	—	$	—

	As of and for the three months ended March 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
	(Dollars in thousands)
Commercial and industrial	—	$	—	—	$	—	—	$	—	—	$	—	—	$	—
Commercial real estate	—	—		—	—		—	—		—	—		—	—
Construction and land	—	—		—	—		—	—		—	—		—	—
Residential	—	—		6	382		—	—		—	—		6	382
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.