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Loans Receivable and Credit Quality (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016
 
December 31, 2015
 
(In thousands)
Commercial and industrial
$
611,370

 
$
633,019

Commercial tax exempt
398,604

 
331,767

Total commercial and industrial
1,009,974

 
964,786

 
 
 
 
Commercial real estate
2,302,244

 
2,060,903

Construction and land
104,839

 
183,434

Residential
2,379,861

 
2,229,540

Home equity
118,817

 
119,828

Consumer and other
198,619

 
160,721

Total
$
6,114,354

 
$
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:
 
December 31, 2016
 
December 31, 2015
 
(In thousands)
Commercial and industrial
$
572

 
$
1,019

Commercial tax exempt

 

Total commercial and industrial
572

 
1,019

 
 
 
 
Commercial real estate
4,583

 
11,232

Construction and land
179

 
3,297

Residential
10,908

 
9,661

Home equity
1,072

 
1,306

Consumer and other
1

 
56

Total
$
17,315

 
$
26,571

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, 2016
 
Accruing Past Due
 
Nonaccrual Loans
 
 
 
 
 
30-59 Days Past Due
 
60-89 Days Past Due
 
Total Accruing Past Due
 
Current
 
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
$
541

 
$
1,078

 
$
1,619

 
$
537

 
$

 
$
35

 
$
572

 
$
609,179

 
$
611,370

Commercial tax exempt

 

 

 

 

 

 

 
398,604

 
398,604

Commercial real estate
3,096

 

 
3,096

 
2,311

 
835

 
1,437

 
4,583

 
2,294,565

 
2,302,244

Construction and land

 

 

 
129

 
12

 
38

 
179

 
104,660

 
104,839

Residential
3,646

 
536

 
4,182

 
2,148

 
1,274

 
7,486

 
10,908

 
2,364,771

 
2,379,861

Home equity
245

 

 
245

 

 
80

 
992

 
1,072

 
117,500

 
118,817

Consumer and other
5,995

 

 
5,995

 
1

 

 

 
1

 
192,623

 
198,619

Total
$
13,523

 
$
1,614

 
$
15,137

 
$
5,126

 
$
2,201

 
$
9,988

 
$
17,315

 
$
6,081,902

 
$
6,114,354



 
December 31, 2015
 
Accruing Past Due
 
Nonaccrual Loans
 
 
 
 
 
30-59 Days Past Due
 
60-89 Days Past Due
 
Total Accruing Past Due
 
Current
 
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

 
$
629,333

 
$
633,019

Commercial tax exempt

 

 

 

 

 

 

 
331,767

 
331,767

Commercial real estate
2,091

 
529

 
2,620

 
5,912

 

 
5,320

 
11,232

 
2,047,051

 
2,060,903

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:
 
December 31, 2016
 
By Loan Grade or Nonaccrual Status
 
 
 
Pass
 
Special Mention
 
Accruing Substandard
 
Nonaccrual Loans
 
Total
 
(In thousands)
Commercial and industrial
$
591,388

 
$
10,133

 
$
9,277

 
$
572

 
$
611,370

Commercial tax exempt
388,544

 
10,060

 

 

 
398,604

Commercial real estate
2,230,732

 
17,233

 
49,696

 
4,583

 
2,302,244

Construction and land
101,254

 
109

 
3,297

 
179

 
104,839

Residential
2,367,554

 

 
1,399

 
10,908

 
2,379,861

Home equity
117,745

 

 

 
1,072

 
118,817

Consumer and other
198,616

 

 
2

 
1

 
198,619

Total
$
5,995,833

 
$
37,535

 
$
63,671

 
$
17,315

 
$
6,114,354




 
December 31, 2015
 
By Loan Grade or Nonaccrual Status
 
 
 
Pass
 
Special Mention
 
Accruing Substandard
 
Nonaccrual Loans
 
Total
 
(In thousands)
Commercial and industrial
$
605,178

 
$
15,367

 
$
11,455

 
$
1,019

 
$
633,019

Commercial tax exempt
318,491

 
13,276

 

 

 
331,767

Commercial real estate
1,988,372

 
27,594

 
33,705

 
11,232

 
2,060,903

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 year ended December 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
$
1,793

 
$
2,155

 
n/a
 
$
5,288

 
$
249

Commercial tax exempt

 

 
n/a
 

 

Commercial real estate
4,488

 
9,647

 
n/a
 
8,520

 
1,032

Construction and land
179

 
507

 
n/a
 
1,069

 
48

Residential
8,134

 
8,506

 
n/a
 
7,446

 
211

Home equity

 

 
n/a
 

 

Consumer and other

 

 
n/a
 

 

Subtotal
$
14,594

 
$
20,815

 
n/a
 
$
22,323

 
$
1,540

With an allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$

 
$

 
$

 
$
31

 
$
1

Commercial tax exempt

 

 

 

 

Commercial real estate
7,115

 
7,544

 
548

 
7,230

 
314

Construction and land

 

 

 
507

 

Residential
4,284

 
4,284

 
565

 
5,505

 
143

Home equity
37

 
37

 
22

 
3

 

Consumer and other

 

 

 

 

Subtotal
$
11,436

 
$
11,865

 
$
1,135

 
$
13,276

 
$
458

Total:
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
1,793

 
$
2,155

 
$

 
$
5,319

 
$
250

Commercial tax exempt

 

 

 

 

Commercial real estate
11,603

 
17,191

 
548

 
15,750

 
1,346

Construction and land
179

 
507

 

 
1,576

 
48

Residential
12,418

 
12,790

 
565

 
12,951

 
354

Home equity
37

 
37

 
22

 
3

 

Consumer and other

 

 

 

 

Total
$
26,030

 
$
32,680

 
$
1,135

 
$
35,599

 
$
1,998

___________________
(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 tax exempt

 

 
n/a
 

 

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 tax exempt

 

 

 

 

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 tax exempt

 

 

 

 

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.
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, 2016

Restructured Year to Date
 
TDRs that defaulted in 2016
that were restructured in a TDR in 2016.
 
# 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
3

 
$
7,384

 
$
7,209

 

 
$

Commercial tax exempt

 

 

 

 

Commercial real estate
1

 
1,276

 
1,276

 
1

 
1,276

Construction and land

 

 

 

 

Residential
5

 
1,709

 
1,721

 

 

Home equity

 

 

 

 

Consumer and other

 

 

 

 

Total
9

 
$
10,369

 
$
10,206

 
1

 
$
1,276



 
As of and for the year ended December 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
 
(In thousands, except number of loans)
Commercial and Industrial
2

 
$
7,209

 

 
$

 

 
$

 
1

 
$

 
3

 
$
7,209

Commercial tax exempt

 

 

 

 

 

 

 

 

 

Commercial real estate

 

 

 

 

 

 
1

 
1,276

 
1

 
1,276

Construction and Land

 

 

 

 

 

 

 

 

 

Residential

 

 
4

 
519

 
1

 
1,202

 

 

 
5

 
1,721

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, 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 tax exempt

 

 

 

 

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 tax exempt

 

 

 

 

 

 

 

 

 

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.