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Allowance for Loan Losses
 12 Months Ended
Dec. 31, 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 $78.1 million and $78.5 million at December 31, 2016 and 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 year ended December 31,
 
2016
 
2015
 
2014
 
(In thousands)
Allowance for loan losses, beginning of year:
 
 
 
 
 
Commercial and industrial
$
15,814

 
$
14,114

 
$
12,837

Commercial real estate
44,215

 
43,854

 
44,979

Construction and land
6,322

 
4,041

 
4,465

Residential
10,544

 
10,374

 
10,732

Home equity
1,085

 
1,003

 
1,020

Consumer and other
520

 
382

 
322

Unallocated (1)
—

 
2,070

 
2,016

Total allowance for loan losses, beginning of year
78,500

 
75,838

 
76,371

Provision/ (credit) for loan losses:
 
 
 
 
 
Commercial and industrial
(3,424
)
 
(518
)
 
(237
)
Commercial real estate
157

 
(721
)
 
(1,940
)
 
As of and for the year ended December 31,
 
2016
 
2015
 
2014
 
(In thousands)
Construction and land
(4,000
)
 
1,123

 
(1,905
)
Residential
445

 
342

 
(2,247
)
Home equity
(50
)
 
82

 
(32
)
Consumer and other
(63
)
 
207

 
(93
)
Unallocated (1)
—

 
(2,070
)
 
54

Total provision/(credit) for loan losses
(6,935
)
 
(1,555
)
 
(6,400
)
Loans charged-off:
 
 
 
 
 
Commercial and industrial
(2,851
)
 
(253
)
 
(717
)
Commercial real estate
—

 
(1,400
)
 
(3,160
)
Construction and land
(400
)
 
—

 
(1,100
)
Residential
(605
)
 
(313
)
 
(263
)
Home equity
—

 
—

 
—

Consumer and other
(93
)
 
(70
)
 
(56
)
Total charge-offs
(3,949
)
 
(2,036
)
 
(5,296
)
Recoveries on loans previously charged-off:
 
 
 
 
 
Commercial and industrial
3,212

 
2,471

 
2,231

Commercial real estate
6,040

 
2,482

 
3,975

Construction and land
1,117

 
1,158

 
2,581

Residential
65

 
141

 
2,152

Home equity
—

 
—

 
15

Consumer and other
27

 
1

 
209

Total recoveries
10,461

 
6,253

 
11,163

Allowance for loan losses at December 31 (end of year):
 
 
 
 
 
Commercial and industrial
12,751

 
15,814

 
14,114

Commercial real estate
50,412

 
44,215

 
43,854

Construction and land
3,039

 
6,322

 
4,041

Residential
10,449

 
10,544

 
10,374

Home equity
1,035

 
1,085

 
1,003

Consumer and other
391

 
520

 
382

Unallocated (1)
—

 
—

 
2,070

Total allowance for loan losses at December 31 (end of year)
$
78,077

 
$
78,500

 
$
75,838

____________________
(1)
As of December 31, 2015, the unallocated reserve was allocated to the qualitative factors as part of the general reserves (ASC 450). The allocation had no effect on the 2015 provision/ (credit) for loan losses.
The provision/ (credit) for loan losses and related balance in the allowance for loan losses for tax exempt commercial and industrial loans are included with commercial and industrial. The provision/ (credit) for loan losses and related balance in the allowance for loan losses for tax exempt commercial real estate loans are included with commercial real estate. There were no charge-offs or recoveries, for any period presented, for both commercial and industrial and commercial real estate tax exempt loans.
The following tables present the Company’s allowance for loan losses and loan portfolio at December 31, 2016 and 2015 by portfolio segment, disaggregated by method of analysis. The Company had no loans acquired with deteriorated credit quality at December 31, 2016 or 2015.
 
December 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
$
1,793

 
$
—

 
$
1,008,181

 
$
12,751

 
$
1,009,974

 
$
12,751

Commercial real estate
11,603

 
548

 
2,290,641

 
49,864

 
2,302,244

 
50,412

Construction and land
179

 
—

 
104,660

 
3,039

 
104,839

 
3,039

Residential
12,418

 
565

 
2,367,443

 
9,884

 
2,379,861

 
10,449

Home equity
37

 
22

 
118,780

 
1,013

 
118,817

 
1,035

Consumer
—

 
—

 
198,619

 
391

 
198,619

 
391

Total
$
26,030

 
$
1,135

 
$
6,088,324

 
$
76,942

 
$
6,114,354

 
$
78,077

 
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

 
$
962,512

 
$
15,544

 
$
964,786

 
$
15,814

Commercial real estate
19,462

 
713

 
2,041,441

 
43,502

 
2,060,903

 
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