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Loans and Leases and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Schedule of major classifications of loans and lease portfolio

Major classifications of the loan and lease portfolio (collectively referred to as the “loan portfolio” or “loans”) are summarized as of the dates indicated as follows (in thousands):
 
 
December 31,
 
 
 
2019
 
2018
 
 
Owner occupied commercial real estate
$
1,720,227

 
$
1,647,904

 
 
Income producing commercial real estate
2,007,950

 
1,812,420

 
 
Commercial & industrial
1,220,657

 
1,278,347

 
 
Commercial construction
976,215

 
796,158

 
 
Equipment financing
744,544

 
564,614

 
 
Total commercial
6,669,593

 
6,099,443

 
 
Residential mortgage
1,117,616

 
1,049,232

 
 
Home equity lines of credit
660,675

 
694,010

 
 
Residential construction
236,437

 
211,011

 
 
Consumer
128,232

 
122,013

 
 
Indirect auto
—

 
207,692

 
 
Total loans
8,812,553

 
8,383,401

 
 
Less allowance for loan losses
(62,089
)
 
(61,203
)
 
 
Loans, net
$
8,750,464

 
$
8,322,198

 
Schedule of changes in the value of the accretable yield for PCI loans The following table presents changes in the value of the accretable yield for PCI loans for the years ended December 31 (in thousands):
 
2019
 
2018
Balance at beginning of period
$
26,868

 
$
17,686

Additions due to acquisitions
1,300

 
1,977

Accretion
(17,885
)
 
(13,696
)
Reclassification from nonaccretable difference
9,237

 
15,326

Changes in expected cash flows that do not affect nonaccretable difference
4,400

 
5,575

Balance at end of period
$
23,920

 
$
26,868
Schedule of components of net investment in leases
At December 31, 2019 and 2018, equipment financing assets included leases of $37.4 million and $30.4 million, respectively. The components of the net investment in leases, which included both sales-type and direct financing, are presented below (in thousands). 
 
 
December 31,
 
 
 
2019
 
2018
 
 
Minimum future lease payments receivable
$
39,709

 
$
31,915

 
 
Estimated residual value of leased equipment
3,631

 
3,593

 
 
Initial direct costs
842

 
827

 
 
Security deposits
(989
)
 
(1,189
)
 
 
Purchase accounting premium
273

 
806

 
 
Unearned income
(6,088
)
 
(5,568
)
 
 
Net investment in leases
$
37,378

 
$
30,384

 
Schedule of minimum future lease payments expected to be received from lease contracts
Minimum future lease payments expected to be received from equipment financing lease contracts as of December 31, 2019 are as follows (in thousands): 
 
Year
 
 
 
2020
$
14,772

 
 
2021
11,177

 
 
2022
7,549

 
 
2023
4,436

 
 
2024
1,462

 
 
Thereafter
313

 
 
Total
$
39,709

 
Schedule of balance and activity in allowance for credit losses and recorded investment by portfolio segment
The following table presents the recorded investment in loans by portfolio segment and the balance of the allowance for loan losses assigned to each segment based on the method of evaluating the loans for impairment for the periods indicated (in thousands): 
 
Allowance for Credit Losses
 
December 31, 2019
 
December 31, 2018
 
Individually
evaluated
for
impairment
 
Collectively
evaluated for
impairment
 
PCI
 
Ending
Balance
 
Individually
evaluated
for
impairment
 
Collectively
evaluated for
impairment
 
PCI
 
Ending
Balance
Owner occupied commercial real estate
$
816

 
$
10,483

 
$
105

 
$
11,404

 
$
862

 
$
11,328

 
$
17

 
$
12,207

Income producing commercial real estate
770

 
11,507

 
29

 
12,306

 
402

 
10,671

 
—

 
11,073

Commercial & industrial
21

 
5,193

 
52

 
5,266

 
32

 
4,761

 
9

 
4,802

Commercial construction
55

 
9,613

 
—

 
9,668

 
71

 
9,974

 
292

 
10,337

Equipment financing
—

 
7,240

 
144

 
7,384

 
—

 
5,045

 
407

 
5,452

Residential mortgage
782

 
7,296

 
3

 
8,081

 
861

 
7,410

 
24

 
8,295

Home equity lines of credit
16

 
4,541

 
18

 
4,575

 
1

 
4,740

 
11

 
4,752

Residential construction
47

 
2,456

 
1

 
2,504

 
51

 
2,382

 
—

 
2,433

Consumer
5

 
885

 
11

 
901

 
6

 
847

 
—

 
853

Indirect auto
—

 
—

 
—

 
—

 
26

 
973

 
—

 
999

Total allowance for loan losses
2,512

 
59,214

 
363

 
62,089

 
2,312

 
58,131

 
760

 
61,203

Allowance for unfunded commitments
—

 
3,458

 
—

 
3,458

 
—

 
3,410

 
—

 
3,410

Total allowance for credit losses
$
2,512

 
$
62,672

 
$
363

 
$
65,547

 
$
2,312

 
$
61,541

 
$
760

 
$
64,613

 
Loans Outstanding
 
December 31, 2019
 
December 31, 2018
 
Individually
evaluated
for
impairment
 
Collectively
evaluated for
impairment
 
PCI
 
Ending
Balance
 
Individually
evaluated
for
impairment
 
Collectively
evaluated for
impairment
 
PCI
 
Ending
Balance
Owner occupied commercial real estate
$
19,233

 
$
1,692,448

 
$
8,546

 
$
1,720,227

 
$
17,602

 
$
1,620,450

 
$
9,852

 
$
1,647,904

Income producing commercial real estate
18,134

 
1,962,588

 
27,228

 
2,007,950

 
16,584

 
1,757,525

 
38,311

 
1,812,420

Commercial & industrial
1,449

 
1,218,882

 
326

 
1,220,657

 
1,621

 
1,276,318

 
408

 
1,278,347

Commercial construction
3,675

 
965,678

 
6,862

 
976,215

 
2,491

 
787,760

 
5,907

 
796,158

Equipment financing
1,027

 
739,532

 
3,985

 
744,544

 
—

 
556,672

 
7,942

 
564,614

Residential mortgage
15,991

 
1,092,046

 
9,579

 
1,117,616

 
14,220

 
1,025,862

 
9,150

 
1,049,232

Home equity lines of credit
992

 
658,273

 
1,410

 
660,675

 
276

 
692,122

 
1,612

 
694,010

Residential construction
1,256

 
234,807

 
374

 
236,437

 
1,207

 
209,070

 
734

 
211,011

Consumer
214

 
127,682

 
336

 
128,232

 
211

 
121,269

 
533

 
122,013

Indirect auto
—

 
—

 
—

 
—

 
1,237

 
206,455

 
—

 
207,692

Total loans
$
61,971

 
$
8,691,936

 
$
58,646

 
$
8,812,553

 
$
55,449

 
$
8,253,503

 
$
74,449

 
$
8,383,401


The following table presents the balance and activity in the allowance for credit losses by portfolio segment for the periods indicated (in thousands): 
Year Ended December 31, 2019
 
Beginning
Balance
 
Charge-Offs
 
Recoveries
 
Provision
 
Ending
Balance
Owner occupied commercial real estate
 
$
12,207

 
$
(5
)
 
$
375

 
$
(1,173
)
 
$
11,404

Income producing commercial real estate
 
11,073

 
(1,227
)
 
283

 
2,177

 
12,306

Commercial & industrial
 
4,802

 
(5,849
)
 
852

 
5,461

 
5,266

Commercial construction
 
10,337

 
(290
)
 
1,165

 
(1,544
)
 
9,668

Equipment financing
 
5,452

 
(5,675
)
 
781

 
6,826

 
7,384

Residential mortgage
 
8,295

 
(616
)
 
481

 
(79
)
 
8,081

Home equity lines of credit
 
4,752

 
(996
)
 
610

 
209

 
4,575

Residential construction
 
2,433

 
(306
)
 
157

 
220

 
2,504

Consumer
 
853

 
(2,390
)
 
911

 
1,527

 
901

Indirect auto
 
999

 
(663
)
 
186

 
(522
)
 
—

Total allowance for loan losses
 
61,203

 
(18,017
)
 
5,801

 
13,102

 
62,089

Allowance for unfunded commitments
 
3,410

 
—

 
—

 
48

 
3,458

Total allowance for credit losses
 
$
64,613

 
$
(18,017
)
 
$
5,801

 
$
13,150

 
$
65,547

Year Ended December 31, 2018
 
Beginning
Balance
 
Charge-Offs
 
Recoveries
 
Provision
 
Ending
Balance
Owner occupied commercial real estate
 
$
14,776

 
$
(303
)
 
$
1,227

 
$
(3,493
)
 
$
12,207

Income producing commercial real estate
 
9,381

 
(3,304
)
 
1,064

 
3,932

 
11,073

Commercial & industrial
 
3,971

 
(1,669
)
 
1,390

 
1,110

 
4,802

Commercial construction
 
10,523

 
(622
)
 
734

 
(298
)
 
10,337

Equipment financing
 
—

 
(1,536
)
 
460

 
6,528

 
5,452

Residential mortgage
 
10,097

 
(754
)
 
336

 
(1,384
)
 
8,295

Home equity lines of credit
 
5,177

 
(1,194
)
 
423

 
346

 
4,752

Residential construction
 
2,729

 
(54
)
 
376

 
(618
)
 
2,433

Consumer
 
710

 
(2,445
)
 
807

 
1,781

 
853

Indirect auto
 
1,550

 
(1,277
)
 
228

 
498

 
999

Total allowance for loan losses
 
58,914

 
(13,158
)
 
7,045

 
8,402

 
61,203

Allowance for unfunded commitments
 
2,312

 
—

 
—

 
1,098

 
3,410

Total allowance for credit losses
 
$
61,226

 
$
(13,158
)
 
$
7,045

 
$
9,500

 
$
64,613

Year Ended December 31, 2017
 
Beginning
Balance
 
Charge-Offs
 
Recoveries
 
Provision
 
Ending
Balance
Owner occupied commercial real estate
 
$
16,446

 
$
(406
)
 
$
980

 
$
(2,244
)
 
$
14,776

Income producing commercial real estate
 
8,843

 
(2,985
)
 
178

 
3,345

 
9,381

Commercial & industrial
 
3,810

 
(1,528
)
 
1,768

 
(79
)
 
3,971

Commercial construction
 
13,405

 
(1,023
)
 
1,018

 
(2,877
)
 
10,523

Equipment financing
 
—

 
—

 
—

 
—

 
—

Residential mortgage
 
8,545

 
(1,473
)
 
314

 
2,711

 
10,097

Home equity lines of credit
 
4,599

 
(1,435
)
 
567

 
1,446

 
5,177

Residential construction
 
3,264

 
(129
)
 
178

 
(584
)
 
2,729

Consumer
 
708

 
(1,803
)
 
917

 
888

 
710

Indirect auto
 
1,802

 
(1,420
)
 
284

 
884

 
1,550

Total allowance for loan losses
 
61,422

 
(12,202
)
 
6,204

 
3,490

 
58,914

Allowance for unfunded commitments
 
2,002

 
—

 
—

 
310

 
2,312

Total allowance for credit losses
 
$
63,424

 
$
(12,202
)
 
$
6,204

 
$
3,800

 
$
61,226
Schedule of loans individually evaluated for impairment by class of loans
The following table presents loans individually evaluated for impairment by class of loans as of the dates indicated (in thousands):
 
December 31, 2019
 
December 31, 2018
 
Unpaid Principal Balance
 
Recorded Investment
 
Allowance for Loan Losses Allocated
 
Unpaid Principal Balance
 
Recorded Investment
 
Allowance for Loan Losses Allocated
With no related allowance recorded:
 

 
 

 
 

 
 

 
 

 
 

Owner occupied commercial real estate
$
9,527

 
$
8,118

 
$
—

 
$
8,650

 
$
6,546

 
$
—

Income producing commercial real estate
5,159

 
4,956

 
—

 
9,986

 
9,881

 
—

Commercial & industrial
1,144

 
890

 
—

 
525

 
370

 
—

Commercial construction
2,458

 
2,140

 
—

 
685

 
507

 
—

Equipment financing
1,027

 
1,027

 
—

 
—

 
—

 
—

Total commercial
19,315

 
17,131

 
—

 
19,846

 
17,304

 
—

Residential mortgage
7,362

 
6,436

 
—

 
5,787

 
5,202

 
—

Home equity lines of credit
1,116

 
861

 
—

 
330

 
234

 
—

Residential construction
731

 
626

 
—

 
554

 
428

 
—

Consumer
66

 
53

 
—

 
18

 
17

 
—

Indirect auto
—

 
—

 
—

 
294

 
292

 
—

Total with no related allowance recorded
28,590

 
25,107

 
—

 
26,829

 
23,477

 
—

With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
11,136

 
11,115

 
816

 
11,095

 
11,056

 
862

Income producing commercial real estate
13,591

 
13,178

 
770

 
6,968

 
6,703

 
402

Commercial & industrial
559

 
559

 
21

 
1,652

 
1,251

 
32

Commercial construction
1,535

 
1,535

 
55

 
2,130

 
1,984

 
71

Equipment financing
—

 
—

 
—

 
—

 
—

 
—

Total commercial
26,821

 
26,387

 
1,662

 
21,845

 
20,994

 
1,367

Residential mortgage
9,624

 
9,555

 
782

 
9,169

 
9,018

 
861

Home equity lines of credit
146

 
131

 
16

 
45

 
42

 
1

Residential construction
643

 
630

 
47

 
791

 
779

 
51

Consumer
161

 
161

 
5

 
199

 
194

 
6

Indirect auto
—

 
—

 
—

 
946

 
945

 
26

Total with an allowance recorded
37,395

 
36,864

 
2,512

 
32,995

 
31,972

 
2,312

Total
$
65,985

 
$
61,971

 
$
2,512

 
$
59,824

 
$
55,449

 
$
2,312
Schedule of loans modified under the terms of a TDR
Loans modified under the terms of a TDR during the years ended December 31 are presented in the table below. In addition, the following table presents loans modified under the terms of a TDR that defaulted (became 90 days or more delinquent) during the years ended December 31 that were initially restructured within one year prior to default (dollars in thousands):
 
 
New TDRs
 
 
 Number of
Contracts
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment by Type of Modification
 
TDRs Modified Within the Year That Have Subsequently Defaulted
Year Ended December 31, 2019
 
 
 
Rate
Reduction
 
Structure
 
Other
 
Total
 
Number of Contracts
 
Recorded
Investment
Owner occupied commercial real estate
 
4

 
$
1,864

 
$
—

 
$
1,739

 
$
—

 
$
1,739

 
—

 
$
—

Income producing commercial real estate
 
3

 
9,126

 
—

 
9,013

 
—

 
9,013

 
—

 
—

Commercial & industrial
 
2

 
136

 
—

 
75

 
7

 
82

 
—

 
—

Commercial construction
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Equipment financing
 
9

 
1,071

 
—

 
1,071

 
—

 
1,071

 
—

 
—

Total commercial
 
18

 
12,197

 
—

 
11,898

 
7

 
11,905

 
—

 
—

Residential mortgage
 
15

 
2,102

 
—

 
2,057

 
—

 
2,057

 
1

 
135

Home equity lines of credit
 
1

 
50

 
—

 
50

 
—

 
50

 
—

 
—

Residential construction
 
1

 
22

 
—

 
—

 
21

 
21

 
1

 
13

Consumer
 
5

 
46

 
—

 
—

 
45

 
45

 
—

 
—

Indirect auto
 
15

 
271

 
—

 
—

 
262

 
262

 
—

 
—

Total loans
 
55

 
$
14,688

 
$
—

 
$
14,005

 
$
335

 
$
14,340

 
2

 
$
148

Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
5

 
$
1,438

 
$
—

 
$
1,387

 
$
—

 
$
1,387

 
3

 
$
1,869

Income producing commercial real estate
 
2

 
3,753

 
106

 
3,637

 
—

 
3,743

 
—

 
—

Commercial & industrial
 
2

 
108

 
—

 
32

 
—

 
32

 
1

 
232

Commercial construction
 
—

 
—

 
—

 
—

 
—

 
—

 
1

 
3

Equipment financing
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total commercial
 
9

 
5,299

 
106

 
5,056

 
—

 
5,162

 
5

 
2,104

Residential mortgage
 
15

 
1,933

 
130

 
1,770

 
—

 
1,900

 
1

 
101

Home equity lines of credit
 
1

 
42

 
—

 
—

 
41

 
41

 
—

 
—

Residential construction
 
2

 
47

 
—

 
32

 
13

 
45

 
—

 
—

Consumer
 
2

 
7

 
—

 
—

 
7

 
7

 
—

 
—

Indirect auto
 
35

 
643

 
—

 
—

 
643

 
643

 
—

 
—

Total loans
 
64

 
$
7,971

 
$
236

 
$
6,858

 
$
704

 
$
7,798

 
6

 
$
2,205

Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
6

 
$
2,603

 
$
—

 
$
2,161

 
$
108

 
$
2,269

 
—

 
$
—

Income producing commercial real estate
 
2

 
257

 
—

 
—

 
252

 
252

 
—

 
—

Commercial & industrial
 
6

 
901

 
—

 
174

 
533

 
707

 
—

 
—

Commercial construction
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Equipment financing
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total commercial
 
14

 
3,761

 
—

 
2,335

 
893

 
3,228

 
—

 
—

Residential mortgage
 
23

 
2,174

 
—

 
2,165

 
—

 
2,165

 
4

 
852

Home equity lines of credit
 
1

 
296

 
—

 
—

 
176

 
176

 
—

 
—

Residential construction
 
4

 
135

 
40

 
95

 
—

 
135

 
—

 
—

Consumer
 
2

 
16

 
—

 
16

 
—

 
16

 
—

 
—

Indirect auto
 
34

 
786

 
—

 
—

 
786

 
786

 
—

 
—

Total loans
 
78

 
$
7,168

 
$
40

 
$
4,611

 
$
1,855

 
$
6,506

 
4

 
$
852
Schedule of average balances of impaired loans and income recognized on impaired loans
The average balances of impaired loans and income recognized on impaired loans while they were considered impaired is presented below for the last three years (in thousands): 
 
2019
 
2018
 
2017
 
Average
Balance
 
Interest
Revenue
Recognized
During
Impairment
 
Cash Basis Interest Revenue Received
 
Average
Balance
 
Interest
Revenue
Recognized
During
Impairment
 
Cash Basis
Interest
Revenue
Received
 
Average
Balance
 
Interest
Revenue
Recognized
During
Impairment
 
Cash Basis
Interest
Revenue
Received
Owner occupied commercial real estate
$
18,575

 
$
1,124

 
$
1,171

 
$
19,881

 
$
1,078

 
$
1,119

 
$
27,870

 
$
1,271

 
$
1,291

Income producing commercial real estate
14,253

 
739

 
730

 
17,138

 
893

 
895

 
24,765

 
1,265

 
1,178

Commercial & industrial
1,837

 
84

 
100

 
1,777

 
100

 
100

 
2,994

 
125

 
127

Commercial construction
3,233

 
129

 
146

 
3,247

 
176

 
174

 
5,102

 
225

 
229

Equipment financing
159

 
23

 
23

 
—

 
—

 
—

 
—

 
—

 
—

Total commercial
38,057

 
2,099

 
2,170

 
42,043

 
2,247

 
2,288

 
60,731

 
2,886

 
2,825

Residential mortgage
16,115

 
748

 
749

 
14,515

 
641

 
643

 
14,257

 
555

 
574

Home equity lines of credit
488

 
14

 
15

 
284

 
18

 
16

 
248

 
10

 
12

Residential construction
1,332

 
92

 
94

 
1,405

 
96

 
95

 
1,582

 
95

 
95

Consumer
203

 
15

 
15

 
249

 
18

 
18

 
292

 
22

 
22

Indirect auto
1,028

 
50

 
50

 
1,252

 
64

 
64

 
1,244

 
64

 
64

Total
$
57,223

 
$
3,018

 
$
3,093

 
$
59,748

 
$
3,084

 
$
3,124

 
$
78,354

 
$
3,632

 
$
3,592
Schedule of recorded investment in nonaccrual loans held for investment by loan class
The following table presents the recorded investment in nonaccrual loans held for investment by loan class as of the dates indicated (in thousands): 
 
 
December 31,
 
 
 
2019
 
2018
 
 
Owner occupied commercial real estate
$
10,544

 
$
6,421

 
 
Income producing commercial real estate
1,996

 
1,160

 
 
Commercial & industrial
2,545

 
1,417

 
 
Commercial construction
2,277

 
605

 
 
Equipment financing
3,141

 
2,677

 
 
Total commercial
20,503

 
12,280

 
 
Residential mortgage
10,567

 
8,035

 
 
Home equity lines of credit
3,173

 
2,360

 
 
Residential construction
939

 
288

 
 
Consumer
159

 
89

 
 
Indirect auto
—

 
726

 
 
Total
$
35,341

 
$
23,778

 
Schedule of aging of the recorded investment in past due loans The following table presents the aging of the recorded investment in past due loans by class of loans as of the dates indicated (in thousands):
 
Loans Past Due
 
 
 
 
 
 
 
30 - 59 Days
 
60 - 89 Days
 
> 90 Days
 
Total
 
Loans Not Past Due
 
PCI Loans
 
Total
As of December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
$
2,913

 
$
2,007

 
$
6,079

 
$
10,999

 
$
1,700,682

 
$
8,546

 
$
1,720,227

Income producing commercial real estate
562

 
706

 
401

 
1,669

 
1,979,053

 
27,228

 
2,007,950

Commercial & industrial
2,140

 
491

 
2,119

 
4,750

 
1,215,581

 
326

 
1,220,657

Commercial construction
1,867

 
557

 
96

 
2,520

 
966,833

 
6,862

 
976,215

Equipment financing
2,065

 
923

 
3,045

 
6,033

 
734,526

 
3,985

 
744,544

Total commercial
9,547

 
4,684

 
11,740

 
25,971

 
6,596,675

 
46,947

 
6,669,593

Residential mortgage
5,655

 
2,212

 
2,171

 
10,038

 
1,097,999

 
9,579

 
1,117,616

Home equity lines of credit
1,697

 
421

 
1,385

 
3,503

 
655,762

 
1,410

 
660,675

Residential construction
325

 
125

 
402

 
852

 
235,211

 
374

 
236,437

Consumer
668

 
181

 
27

 
876

 
127,020

 
336

 
128,232

Total loans
$
17,892

 
$
7,623

 
$
15,725

 
$
41,240

 
$
8,712,667

 
$
58,646

 
$
8,812,553

 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
$
2,542

 
$
2,897

 
$
1,011

 
$
6,450

 
$
1,631,602

 
$
9,852

 
$
1,647,904

Income producing commercial real estate
1,624

 
291

 
301

 
2,216

 
1,771,893

 
38,311

 
1,812,420

Commercial & industrial
7,189

 
718

 
400

 
8,307

 
1,269,632

 
408

 
1,278,347

Commercial construction
267

 
—

 
68

 
335

 
789,916

 
5,907

 
796,158

Equipment financing
1,351

 
739

 
2,658

 
4,748

 
551,924

 
7,942

 
564,614

Total commercial
12,973

 
4,645

 
4,438

 
22,056

 
6,014,967

 
62,420

 
6,099,443

Residential mortgage
5,461

 
1,788

 
1,950

 
9,199

 
1,030,883

 
9,150

 
1,049,232

Home equity lines of credit
2,112

 
864

 
902

 
3,878

 
688,520

 
1,612

 
694,010

Residential construction
509

 
63

 
190

 
762

 
209,515

 
734

 
211,011

Consumer
600

 
82

 
21

 
703

 
120,777

 
533

 
122,013

Indirect auto
750

 
323

 
633

 
1,706

 
205,986

 
—

 
207,692

Total loans
$
22,405

 
$
7,765

 
$
8,134

 
$
38,304

 
$
8,270,648

 
$
74,449

 
$
8,383,401
Schedule of risk category of loans by class of loans
As of December 31, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands):
 
Pass
 
Watch
 
Substandard
 
Doubtful /
Loss
 
Total
As of December 31, 2019
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
$
1,638,398

 
$
24,563

 
$
48,720

 
$
—

 
$
1,711,681

Income producing commercial real estate
1,914,524

 
40,676

 
25,522

 
—

 
1,980,722

Commercial & industrial
1,156,366

 
16,385

 
47,580

 
—

 
1,220,331

Commercial construction
960,251

 
2,298

 
6,804

 
—

 
969,353

Equipment financing
737,418

 
—

 
3,141

 
—

 
740,559

Total commercial
6,406,957

 
83,922

 
131,767

 
—

 
6,622,646

Residential mortgage
1,093,902

 
—

 
14,135

 
—

 
1,108,037

Home equity lines of credit
654,619

 
—

 
4,646

 
—

 
659,265

Residential construction
234,791

 
—

 
1,272

 
—

 
236,063

Consumer
127,507

 
8

 
381

 
—

 
127,896

Total loans, excluding PCI loans
8,517,776

 
83,930

 
152,201

 
—

 
8,753,907

Owner occupied commercial real estate
3,238

 
2,797

 
2,511

 
—

 
8,546

Income producing commercial real estate
19,648

 
6,305

 
1,275

 
—

 
27,228

Commercial & industrial
104

 
81

 
141

 
—

 
326

Commercial construction
3,628

 
590

 
2,644

 
—

 
6,862

Equipment financing
3,952

 
—

 
33

 
—

 
3,985

Total commercial
30,570

 
9,773

 
6,604

 
—

 
46,947

Residential mortgage
8,112

 
—

 
1,467

 
—

 
9,579

Home equity lines of credit
1,350

 
—

 
60

 
—

 
1,410

Residential construction
348

 
—

 
26

 
—

 
374

Consumer
303

 
—

 
33

 
—

 
336

Total PCI loans
40,683

 
9,773

 
8,190

 
—

 
58,646

 
 
 
 
 
 
 
 
 
 
Total loan portfolio
$
8,558,459

 
$
93,703

 
$
160,391

 
$
—

 
$
8,812,553

As of December 31, 2018
 

 
 

 
 

 
 

 
 

Owner occupied commercial real estate
$
1,585,797

 
$
16,651

 
$
35,604

 
$
—

 
$
1,638,052

Income producing commercial real estate
1,735,456

 
20,923

 
17,730

 
—

 
1,774,109

Commercial & industrial
1,247,206

 
8,430

 
22,303

 
—

 
1,277,939

Commercial construction
777,780

 
4,533

 
7,938

 
—

 
790,251

Equipment financing
553,995

 
—

 
2,677

 
—

 
556,672

Total commercial
5,900,234

 
50,537

 
86,252

 
—

 
6,037,023

Residential mortgage
1,028,660

 
—

 
11,422

 
—

 
1,040,082

Home equity lines of credit
688,493

 
—

 
3,905

 
—

 
692,398

Residential construction
209,744

 
—

 
533

 
—

 
210,277

Consumer
121,247

 
19

 
214

 
—

 
121,480

Indirect auto
205,632

 
—

 
2,060

 
—

 
207,692

Total loans, excluding PCI loans
8,154,010

 
50,556

 
104,386

 
—

 
8,308,952

Owner occupied commercial real estate
3,352

 
2,774

 
3,726

 
—

 
9,852

Income producing commercial real estate
23,430

 
13,403

 
1,478

 
—

 
38,311

Commercial & industrial
266

 
48

 
94

 
—

 
408

Commercial construction
3,503

 
188

 
2,216

 
—

 
5,907

Equipment financing
7,725

 
—

 
217

 
—

 
7,942

Total commercial
38,276

 
16,413

 
7,731

 
—

 
62,420

Residential mortgage
6,914

 
—

 
2,236

 
—

 
9,150

Home equity lines of credit
1,492

 
—

 
120

 
—

 
1,612

Residential construction
687

 
—

 
47

 
—

 
734

Consumer
493

 
—

 
40

 
—

 
533

Indirect auto
—

 
—

 
—

 
—

 
—

Total PCI loans
47,862

 
16,413

 
10,174

 
—

 
74,449

 
 
 
 
 
 
 
 
 
 
Total loan portfolio
$
8,201,872

 
$
66,969

 
$
114,560

 
$
—

 
$
8,383,401