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Allowance for Loan Losses
 6 Months Ended
Jun. 30, 2016
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 $75.8 million and $78.5 million at June 30, 2016 and December 31, 2015, 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 June 30,
 
As of and for the six months ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Allowance for loan losses, beginning of period:
 
 
 
 
 
 
 
Commercial and industrial
$
14,343

 
$
14,337

 
$
15,814

 
$
14,114

Commercial real estate
44,519

 
43,552

 
44,215

 
43,854

Construction and land
5,551

 
5,411

 
6,322

 
4,041

Residential
10,634

 
10,397

 
10,544

 
10,374

Home equity
1,079

 
1,016

 
1,085

 
1,003

Consumer and other
301

 
508

 
520

 
382

Unallocated (1)
—

 
2,042

 
—

 
2,070

Total allowance for loan losses, beginning of period
76,427

 
77,263

 
78,500

 
75,838

Provision/ (credit) for loan losses:
 
 
 
 
 
 
 
Commercial and industrial
(1,179
)
 
204

 
(1,836
)
 
(1,777
)
Commercial real estate
(803
)
 
(333
)
 
(2,650
)
 
(1,266
)
Construction and land
(811
)
 
7

 
(1,809
)
 
234

Residential
114

 
(52
)
 
705

 
20

Home equity
60

 
8

 
54

 
21

Consumer and other
84

 
75

 
(132
)
 
205

Unallocated
—

 
91

 
—

 
63

Total provision/(credit) for loan losses
(2,535
)
 
—

 
(5,668
)
 
(2,500
)
Loans charged-off:
 
 
 
 
 
 
 
Commercial and industrial
—

 
(3
)
 
(2,108
)
 
(3
)
Commercial real estate
—

 
—

 
—

 
—

Construction and land
—

 
—

 
(400
)
 
—

Residential
—

 
—

 
(501
)
 
(49
)
Home equity
—

 
—

 
—

 
—

Consumer and other
(19
)
 
(55
)
 
(26
)
 
(60
)
Total charge-offs
(19
)
 
(58
)
 
(3,035
)
 
(112
)
Recoveries on loans previously charged-off:
 
 
 
 
 
 
 
Commercial and industrial
82

 
83

 
1,376

 
2,287

Commercial real estate
1,791

 
914

 
3,942

 
1,545

Construction and land
—

 
—

 
627

 
1,143

Residential
4

 
49

 
4

 
49

Home equity
—

 
—

 
—

 
—

Consumer and other
3

 
—

 
7

 
1

Total recoveries
1,880

 
1,046

 
5,956

 
5,025

 
As of and for the three months ended June 30,
 
As of and for the six months ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Allowance for loan losses at end of period:
 
 
 
 
 
 
 
Commercial and industrial
13,246

 
14,621

 
13,246

 
14,621

Commercial real estate
45,507

 
44,133

 
45,507

 
44,133

Construction and land
4,740

 
5,418

 
4,740

 
5,418

Residential
10,752

 
10,394

 
10,752

 
10,394

Home equity
1,139

 
1,024

 
1,139

 
1,024

Consumer and other
369

 
528

 
369

 
528

Unallocated (1)
—

 
2,133

 
—

 
2,133

Total allowance for loan losses at end of period
$
75,753

 
$
78,251

 
$
75,753

 
$
78,251

______________________
(1)
As of December 31, 2015, the unallocated reserve was allocated to the qualitative factors as part of the general reserves (ASC 450).
The following tables present the Company’s allowance for loan losses and loan portfolio at June 30, 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 June 30, 2016 or December 31, 2015.
 
June 30, 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
$
8,632

 
$
22

 
$
1,034,285

 
$
13,224

 
$
1,042,917

 
$
13,246

Commercial real estate
15,013

 
640

 
1,962,299

 
44,867

 
1,977,312

 
45,507

Construction and land
861

 
—

 
141,688

 
4,740

 
142,549

 
4,740

Residential
13,335

 
439

 
2,266,781

 
10,313

 
2,280,116

 
10,752

Home equity
—

 
—

 
125,486

 
1,139

 
125,486

 
1,139

Consumer
—

 
—

 
183,117

 
369

 
183,117

 
369

Total
$
37,841

 
$
1,101

 
$
5,713,656

 
$
74,652

 
$
5,751,497

 
$
75,753

 
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