Loan Portfolio and Credit Quality (Tables)

9 Months Ended

Sep. 30, 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:

	September 30, 2016		December 31, 2015
	(In thousands)
Commercial and industrial	$	1,099,170	$	1,111,555
Commercial real estate	2,054,570		1,914,134
Construction and land	98,696		183,434
Residential	2,316,090		2,229,540
Home equity	121,269		119,828
Consumer and other	179,703		160,721
Total Loans	$	5,869,498	$	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:

	September 30, 2016		December 31, 2015
	(In thousands)
Commercial and industrial	$	927	$	1,019
Commercial real estate	5,138		11,232
Construction and land	224		3,297
Residential	9,060		9,661
Home equity	1,075		1,306
Consumer and other	67		56
Total	$	16,491	$	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:

	September 30, 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	$	524	$	836	$	1,360	$	909	$	—	$	18	$	927	$	1,096,883	$	1,099,170
Commercial real estate	2,200		244		2,444		3,488		213		1,437		5,138		2,046,988		2,054,570
Construction and land	—		—		—		34		20		170		224		98,472		98,696
Residential	—		663		663		2,765		1,360		4,935		9,060		2,306,367		2,316,090
Home equity	—		—		—		—		83		992		1,075		120,194		121,269
Consumer and other	107		15		122		—		—		67		67		179,514		179,703
Total	$	2,831	$	1,758	$	4,589	$	7,196	$	1,676	$	7,619	$	16,491	$	5,848,418	$	5,869,498

	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:

	September 30, 2016
	By Loan Grade or Nonaccrual Status
	Pass		Special Mention		Accruing Substandard		Nonaccrual Loans		Total
	(In thousands)
Commercial and industrial	$	1,063,261	$	17,020	$	17,962	$	927	$	1,099,170
Commercial real estate	1,963,885		24,464		61,083		5,138		2,054,570
Construction and land	82,046		12,828		3,598		224		98,696
Residential	2,301,622		—		5,408		9,060		2,316,090
Home equity	120,194		—		—		1,075		121,269
Consumer and other	179,634		—		2		67		179,703
Total	$	5,710,642	$	54,312	$	88,053	$	16,491	$	5,869,498

	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 and nine months ended September 30, 2016
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	11,742	$	13,874	n/a		$	10,774	$	6,325	$	98	$	169
Commercial real estate	5,966		11,148		n/a		7,288		9,672		332		874
Construction and land	224		548		n/a		400		1,332		48		48
Residential	6,472		6,832		n/a		7,345		7,345		59		173
Home equity	—		—		n/a		—		—		—		—
Consumer and other	—		—		n/a		—		—		—		—
Subtotal	24,404		32,402		n/a		25,807		24,674		537		1,264
With an allowance recorded:
Commercial and industrial	37		37		$	22	37		33		—		1
Commercial real estate	7,164		7,593		593		7,194		7,259		79		237
Construction and land	—		—		—		—		660		—		—
Residential	6,877		6,877		701		5,977		5,994		36		115
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	14,078		14,507		1,316		13,208		13,946		115		353
Total:
Commercial and industrial	11,779		13,911		22		10,811		6,358		98		170
Commercial real estate	13,130		18,741		593		14,482		16,931		411		1,111
Construction and land	224		548		—		400		1,992		48		48
Residential	13,349		13,709		701		13,322		13,339		95		288
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Total	$	38,482	$	46,909	$	1,316	$	39,015	$	38,620	$	652	$	1,617

_____________________

(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 and nine months ended September 30, 2015
	Recorded Investment (1)		Unpaid Principal Balance		Related Allowance		QTD Average Recorded Investment		YTD Average Recorded Investment		QTD Interest Income Recognized while Impaired		YTD Interest Income Recognized while Impaired
	(In thousands)
With no related allowance recorded:
Commercial and industrial	$	2,076	$	2,369	n/a		$	1,954	$	1,441	$	14	$	822
Commercial real estate	15,744		23,696		n/a		17,698		19,140		320		1,286
Construction and land	1,148		2,177		n/a		1,187		3,599		—		92
Residential	10,006		11,409		n/a		9,821		9,573		58		209
Home equity	50		50		n/a		50		50		1		2
Consumer and other	7		7		n/a		257		707		60		61
Subtotal	29,031		39,708		n/a		30,967		34,510		453		2,472
With an allowance recorded:
Commercial and industrial	19		19		$	—	441		848		12		66
Commercial real estate	12,262		14,091		1,300		9,818		9,166		82		298
Construction and land	2,200		2,356		172		2,200		2,200		—		—
Residential	6,254		6,254		1,185		6,908		7,110		43		143
Home equity	—		—		—		—		—		—		—
Consumer and other	—		—		—		—		—		—		—
Subtotal	20,735		22,720		2,657		19,367		19,324		137		507
Total:
Commercial and industrial	2,095		2,388		—		2,395		2,289		26		888
Commercial real estate	28,006		37,787		1,300		27,516		28,306		402		1,584
Construction and land	3,348		4,533		172		3,387		5,799		—		92
Residential	16,260		17,663		1,185		16,729		16,683		101		352
Home equity	50		50		—		50		50		1		2
Consumer and other	7		7		—		257		707		60		61
Total	$	49,766	$	62,428	$	2,657	$	50,334	$	53,834	$	590	$	2,979

_____________________

(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

_____________________

(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 September 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 September 30, 2016 or December 31, 2015.

	September 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	$	11,779	$	22	$	1,087,391	$	13,879	$	1,099,170	$	13,901
Commercial real estate	13,130		593		2,041,440		47,719		2,054,570		48,312
Construction and land	224		—		98,472		3,144		98,696		3,144
Residential	13,349		701		2,302,741		10,203		2,316,090		10,904
Home equity	—		—		121,269		1,077		121,269		1,077
Consumer	—		—		179,703		331		179,703		331
Total	$	38,482	$	1,316	$	5,831,016	$	76,353	$	5,869,498	$	77,669

	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 September 30, 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	—	$	—	$	—	—	$	—
Commercial real estate	—	—		—		1	1,276
Construction and land	—	—		—		—	—
Residential	—	—		—		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	—	$	—	$	—	1	$	1,276

	As of and for the nine months ended September 30, 2016
	Restructured year to date					TDRs that defaulted year to date 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	3	$	7,384	$	7,209	—	$	—
Commercial real estate	1	1,276		1,276		1	1,276
Construction and land	—	—		—		—	—
Residential	2	260		261		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	6	$	8,920	$	8,746	1	$	1,276

	As of and for the nine months ended September 30, 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	2	$	7,209	—	$	—	—	$	—	1	$	—	3	$	7,209
Commercial real estate	—	—		—	—		—	—		1	1,276		1	1,276
Construction and land	—	—		—	—		—	—		—	—		—	—
Residential	—	—		2	261		—	—		—	—		2	261
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 September 30, 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	1	732		720		—	—
Construction and land	—	—		—		—	—
Residential	—	—		—		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	1	$	732	$	720	—	$	—

	As of and for the three months ended September 30, 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	—	—		—	—		—	—		1	720		1	720
Construction and land	—	—		—	—		—	—		—	—		—	—
Residential	—	—		—	—		—	—		—	—		—	—
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 nine months ended September 30, 2015
	Restructured year to date					TDRs that defaulted year to date 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	$	1,298	$	1,304	—	$	—
Commercial real estate	2	4,850		4,838		—	—
Construction and land	—	—		—		—	—
Residential	8	513		516		—	—
Home equity	—	—		—		—	—
Consumer and other	—	—		—		—	—
Total	11	$	6,661	$	6,658	—	$	—

	As of and for the nine months ended September 30, 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	—	$	—	—	$	—	—	$	—	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.