XML 65 R54.htm IDEA: XBRL DOCUMENT v3.20.2
CREDIT QUALITY ASSESSMENT (Activity in Allowance for Credit Losses or Loan Losses by Respective Loan Portfolio Segment) (Detail) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 56,132,000 $ 53,486,000 $ 53,486,000
Initial allowance on acquired Revere PCD loans     18,628,000 0  
Provision for credit losses $ 58,686,000 $ 1,633,000 83,155,000 1,505,000 4,684,000
Charge-offs     (1,039,000) (1,197,000) (2,668,000)
Recoveries     860,000 230,000 630,000
Net recoveries (charge-offs)     (179,000) (967,000) (2,038,000)
Balance at end of period 163,481,000 $ 54,024,000 163,481,000 54,024,000 56,132,000
Total loans $ 10,343,043,000   $ 10,343,043,000   $ 6,705,232,000
Allowance for loan losses to total loans ratio 1.58%   1.58%   0.84%
Balance of loans individually evaluated for credit loss $ 60,528,000   $ 60,528,000   $ 24,773,000
Balance of loans specifically evaluated for impairment         24,773,000
Allowance related to loans evaluated individually $ 8,827,000   $ 8,827,000   5,501,000
Allowance for loans specifically evaluated for impairment         $ 5,501,000
Individual allowance to loans evaluated individually ratio 14.58%   14.58%    
Specific allowance to specific loans ratio         22.21%
Balance of loans collectively evaluated for credit loss $ 10,282,515,000   $ 10,282,515,000    
Balance of loans collectively evaluated         $ 6,667,375,000
Allowance related to loans evaluated collectively $ 154,654,000   $ 154,654,000   50,631,000
Allowance for loans collectively evaluated         $ 50,631,000
Collective allowance to collective loans ratio 1.50%   1.50%   0.76%
Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 13,084,000
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 2,762,000 0 $ 0
Balance at end of period         2,762,000
Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     2,983,000 0 0
Balance at end of period         2,983,000
Commercial [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     11,395,000 11,377,000 11,377,000
Initial allowance on acquired Revere PCD loans     6,289,000    
Provision for credit losses     36,060,000   1,164,000
Charge-offs     (339,000)   (1,195,000)
Recoveries     694,000   49,000
Net recoveries (charge-offs)     355,000   (1,146,000)
Balance at end of period $ 58,636,000   58,636,000   11,395,000
Total loans $ 2,222,810,000   $ 2,222,810,000   $ 801,019,000
Allowance for loan losses to total loans ratio 2.64%   2.64%   1.42%
Balance of loans individually evaluated for credit loss $ 20,953,000   $ 20,953,000    
Balance of loans specifically evaluated for impairment         $ 8,867,000
Allowance related to loans evaluated individually $ 5,488,000   $ 5,488,000    
Allowance for loans specifically evaluated for impairment         $ 3,817,000
Individual allowance to loans evaluated individually ratio 26.19%   26.19%    
Specific allowance to specific loans ratio         43.05%
Balance of loans collectively evaluated for credit loss $ 2,201,857,000   $ 2,201,857,000    
Balance of loans collectively evaluated         $ 789,613,000
Allowance related to loans evaluated collectively $ 53,148,000   $ 53,148,000    
Allowance for loans collectively evaluated         $ 7,578,000
Collective allowance to collective loans ratio 2.41%   2.41%   0.96%
Commercial [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 2,539,000
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Commercial [Member] | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 1,549,000    
Balance at end of period         $ 1,549,000
Commercial [Member] | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     2,988,000    
Balance at end of period         2,988,000
Consumer [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     2,086,000 2,113,000 2,113,000
Initial allowance on acquired Revere PCD loans     87,000    
Provision for credit losses     3,460,000   565,000
Charge-offs     (286,000)   (783,000)
Recoveries     93,000   191,000
Net recoveries (charge-offs)     (193,000)   (592,000)
Balance at end of period $ 6,359,000   6,359,000   2,086,000
Total loans $ 558,434,000   $ 558,434,000   $ 466,764,000
Allowance for loan losses to total loans ratio 1.14%   1.14%   0.45%
Balance of loans individually evaluated for credit loss $ 1,282,000   $ 1,282,000    
Allowance related to loans evaluated individually $ 99,000   $ 99,000    
Individual allowance to loans evaluated individually ratio 7.72%   7.72%    
Balance of loans collectively evaluated for credit loss $ 557,152,000   $ 557,152,000    
Balance of loans collectively evaluated         $ 465,771,000
Allowance related to loans evaluated collectively $ 6,260,000   $ 6,260,000    
Allowance for loans collectively evaluated         $ 2,086,000
Collective allowance to collective loans ratio 1.12%   1.12%   0.45%
Consumer [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 993,000
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Consumer [Member] | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 99,000    
Balance at end of period         $ 99,000
Consumer [Member] | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     820,000    
Balance at end of period         820,000
Commercial Real Estate Portfolio Segment | Commercial AD&C [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     7,590,000 5,944,000 5,944,000
Initial allowance on acquired Revere PCD loans     1,248,000    
Provision for credit losses     7,604,000   1,418,000
Charge-offs     0   0
Recoveries     0   228,000
Net recoveries (charge-offs)     0   228,000
Balance at end of period $ 19,018,000   19,018,000   7,590,000
Total loans $ 997,423,000   $ 997,423,000   $ 684,010,000
Allowance for loan losses to total loans ratio 1.91%   1.91%   1.11%
Balance of loans individually evaluated for credit loss $ 2,957,000   $ 2,957,000    
Balance of loans specifically evaluated for impairment         $ 829,000
Allowance related to loans evaluated individually $ 635,000   $ 635,000    
Allowance for loans specifically evaluated for impairment         $ 132,000
Individual allowance to loans evaluated individually ratio 21.47%   21.47%    
Specific allowance to specific loans ratio         15.92%
Balance of loans collectively evaluated for credit loss $ 994,466,000   $ 994,466,000    
Balance of loans collectively evaluated         $ 683,181,000
Allowance related to loans evaluated collectively $ 18,383,000   $ 18,383,000    
Allowance for loans collectively evaluated         $ 7,458,000
Collective allowance to collective loans ratio 1.85%   1.85%   1.09%
Commercial Real Estate Portfolio Segment | Commercial AD&C [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 0
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Commercial Real Estate Portfolio Segment | Commercial AD&C [Member] | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 0    
Balance at end of period         $ 0
Commercial Real Estate Portfolio Segment | Commercial AD&C [Member] | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     2,576,000    
Balance at end of period         2,576,000
Commercial Real Estate Portfolio Segment | Commercial Investor RE [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     18,407,000 17,603,000 17,603,000
Initial allowance on acquired Revere PCD loans     7,973,000    
Provision for credit losses     22,567,000   788,000
Charge-offs     0   0
Recoveries     4,000   16,000
Net recoveries (charge-offs)     4,000   16,000
Balance at end of period $ 46,940,000   46,940,000   18,407,000
Total loans $ 3,581,778,000   $ 3,581,778,000   $ 2,169,156,000
Allowance for loan losses to total loans ratio 1.31%   1.31%   0.85%
Balance of loans individually evaluated for credit loss $ 27,257,000   $ 27,257,000    
Balance of loans specifically evaluated for impairment         $ 9,212,000
Allowance related to loans evaluated individually $ 2,573,000   $ 2,573,000    
Allowance for loans specifically evaluated for impairment         $ 1,529,000
Individual allowance to loans evaluated individually ratio 9.44%   9.44%    
Specific allowance to specific loans ratio         16.60%
Balance of loans collectively evaluated for credit loss $ 3,554,521,000   $ 3,554,521,000    
Balance of loans collectively evaluated         $ 2,150,400,000
Allowance related to loans evaluated collectively $ 44,367,000   $ 44,367,000    
Allowance for loans collectively evaluated         $ 16,878,000
Collective allowance to collective loans ratio 1.25%   1.25%   0.78%
Commercial Real Estate Portfolio Segment | Commercial Investor RE [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 9,544,000
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Commercial Real Estate Portfolio Segment | Commercial Investor RE [Member] | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 1,114,000    
Balance at end of period         $ 1,114,000
Commercial Real Estate Portfolio Segment | Commercial Investor RE [Member] | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     (3,125,000)    
Balance at end of period         (3,125,000)
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied RE [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     6,884,000 6,307,000 6,307,000
Initial allowance on acquired Revere PCD loans     2,782,000    
Provision for credit losses     8,627,000   577,000
Charge-offs     0   0
Recoveries     0   0
Net recoveries (charge-offs)     0   0
Balance at end of period $ 18,680,000   18,680,000   6,884,000
Total loans $ 1,601,803,000   $ 1,601,803,000   $ 1,288,677,000
Allowance for loan losses to total loans ratio 1.17%   1.17%   0.53%
Balance of loans individually evaluated for credit loss $ 6,729,000   $ 6,729,000    
Balance of loans specifically evaluated for impairment         $ 4,148,000
Allowance related to loans evaluated individually $ 32,000   $ 32,000    
Allowance for loans specifically evaluated for impairment         $ 23,000
Individual allowance to loans evaluated individually ratio 0.48%   0.48%    
Specific allowance to specific loans ratio         0.55%
Balance of loans collectively evaluated for credit loss $ 1,595,074,000   $ 1,595,074,000    
Balance of loans collectively evaluated         $ 1,284,529,000
Allowance related to loans evaluated collectively $ 18,648,000   $ 18,648,000    
Allowance for loans collectively evaluated         $ 6,861,000
Collective allowance to collective loans ratio 1.17%   1.17%   0.53%
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied RE [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 0
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied RE [Member] | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 0    
Balance at end of period         $ 0
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied RE [Member] | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     387,000    
Balance at end of period         387,000
Residential Real Estate Portfolio Segment | Residential Mortgage          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     8,803,000 8,881,000 8,881,000
Initial allowance on acquired Revere PCD loans     243,000    
Provision for credit losses     4,166,000   474,000
Charge-offs     (414,000)   (690,000)
Recoveries     66,000   138,000
Net recoveries (charge-offs)     (348,000)   (552,000)
Balance at end of period $ 12,476,000   12,476,000   8,803,000
Total loans $ 1,211,745,000   $ 1,211,745,000   $ 1,149,327,000
Allowance for loan losses to total loans ratio 1.03%   1.03%   0.77%
Balance of loans individually evaluated for credit loss $ 1,350,000   $ 1,350,000    
Balance of loans specifically evaluated for impairment         $ 1,717,000
Allowance related to loans evaluated individually $ 0   $ 0    
Allowance for loans specifically evaluated for impairment         $ 0
Individual allowance to loans evaluated individually ratio 0.00%   0.00%    
Specific allowance to specific loans ratio         0.00%
Balance of loans collectively evaluated for credit loss $ 1,210,395,000   $ 1,210,395,000    
Balance of loans collectively evaluated         $ 1,147,602,000
Allowance related to loans evaluated collectively $ 12,476,000   $ 12,476,000    
Allowance for loans collectively evaluated         $ 8,803,000
Collective allowance to collective loans ratio 1.03%   1.03%   0.77%
Residential Real Estate Portfolio Segment | Residential Mortgage | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 8,000
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Residential Real Estate Portfolio Segment | Residential Mortgage | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 0    
Balance at end of period         $ 0
Residential Real Estate Portfolio Segment | Residential Mortgage | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     (388,000)    
Balance at end of period         (388,000)
Residential Real Estate Portfolio Segment | Residential Construction          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     967,000 $ 1,261,000 1,261,000
Initial allowance on acquired Revere PCD loans     6,000    
Provision for credit losses     671,000   (302,000)
Charge-offs     0   0
Recoveries     3,000   8,000
Net recoveries (charge-offs)     3,000   8,000
Balance at end of period $ 1,372,000   1,372,000   967,000
Total loans $ 169,050,000   $ 169,050,000   $ 146,279,000
Allowance for loan losses to total loans ratio 0.81%   0.81%   0.66%
Balance of loans individually evaluated for credit loss $ 0   $ 0    
Balance of loans specifically evaluated for impairment         $ 0
Allowance related to loans evaluated individually $ 0   $ 0    
Allowance for loans specifically evaluated for impairment         $ 0
Individual allowance to loans evaluated individually ratio 0.00%   0.00%    
Specific allowance to specific loans ratio         0.00%
Balance of loans collectively evaluated for credit loss $ 169,050,000   $ 169,050,000    
Balance of loans collectively evaluated         $ 146,279,000
Allowance related to loans evaluated collectively $ 1,372,000   $ 1,372,000    
Allowance for loans collectively evaluated         $ 967,000
Collective allowance to collective loans ratio 0.81%   0.81%   0.66%
Residential Real Estate Portfolio Segment | Residential Construction | Receivables Acquired with Deteriorated Credit Quality [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance of loans acquired         $ 0
Allowance for loans acquired         $ 0
Allowance to loans acquired with deteriorated credity quality ratio         0.00%
Residential Real Estate Portfolio Segment | Residential Construction | Initial allowance on purchased credit deteriorated loans at adoption of ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ 0    
Balance at end of period         $ 0
Residential Real Estate Portfolio Segment | Residential Construction | Transition impact of adopting ASC 326 [Member]          
Financing Receivable Allowance For Credit Losses [Line Items]          
Balance at beginning of period     $ (275,000)    
Balance at end of period         $ (275,000)