Loans Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2017

Receivables [Abstract]

Summary of loans receivable

The following table presents loans receivable for each portfolio class of loans:

	At or for the Six Months ended			At or for the Year ended
(Dollars in thousands)	June 30, 2017			December 31, 2016
Residential real estate loans	$	712,726		674,347
Commercial loans
Real estate	3,393,753			2,990,141
Other commercial	1,549,067			1,342,250
Total	4,942,820			4,332,391
Consumer and other loans
Home equity	445,245			434,774
Other consumer	244,971			242,951
Total	690,216			677,725
Loans receivable	6,345,762			5,684,463
Allowance for loan and lease losses	(129,877		)	(129,572	)
Loans receivable, net	$	6,215,885		5,554,891
Net deferred origination (fees) costs included in loans receivable	$	(1,166	)	(1,228	)
Net purchase accounting (discounts) premiums included in loans receivable	$	(19,317	)	(12,144	)
Weighted-average interest rate on loans (tax-equivalent)	4.78		%	4.77	%

Summary of the activity in the ALLL

The following tables summarize the activity in the ALLL by portfolio segment:

	Three Months ended June 30, 2017
(Dollars in thousands)	Total			Residential Real Estate		Commercial Real Estate		Other Commercial		Home Equity		Other Consumer
Balance at beginning of period	$	129,226		11,535		64,753		39,157		7,679		6,102
Provision for loan losses	3,013			(10	)	4,559		(1,934	)	229		169
Charge-offs	(4,589		)	(21	)	(1,146	)	(650	)	(347	)	(2,425	)
Recoveries	2,227			18		337		411		101		1,360
Balance at end of period	$	129,877		11,522		68,503		36,984		7,662		5,206

	Three Months ended June 30, 2016
(Dollars in thousands)	Total			Residential Real Estate		Commercial Real Estate		Other Commercial		Home Equity	Other Consumer
Balance at beginning of period	$	130,071		13,196		67,046		36,054		8,149	5,626
Provision for loan losses	—			699		(2,617	)	717		447	754
Charge-offs	(1,369		)	(255	)	(34	)	(386	)	31	(725	)
Recoveries	3,684			26		2,414		646		2	596
Balance at end of period	$	132,386		13,666		66,809		37,031		8,629	6,251

	Six Months ended June 30, 2017
(Dollars in thousands)	Total			Residential Real Estate		Commercial Real Estate		Other Commercial		Home Equity		Other Consumer
Balance at beginning of period	$	129,572		12,436		65,773		37,823		7,572		5,968
Provision for loan losses	4,611			(936	)	4,189		(145	)	358		1,145
Charge-offs	(8,818		)	(43	)	(2,034	)	(1,481	)	(443	)	(4,817	)
Recoveries	4,512			65		575		787		175		2,910
Balance at end of period	$	129,877		11,522		68,503		36,984		7,662		5,206

	Six Months ended June 30, 2016
(Dollars in thousands)	Total			Residential Real Estate		Commercial Real Estate		Other Commercial		Home Equity		Other Consumer
Balance at beginning of period	$	129,697		14,427		67,877		32,525		8,998		5,870
Provision for loan losses	568			(450	)	(3,490	)	4,440		(346	)	414
Charge-offs	(2,532		)	(355	)	(287	)	(726	)	(198	)	(966	)
Recoveries	4,653			44		2,709		792		175		933
Balance at end of period	$	132,386		13,666		66,809		37,031		8,629		6,251

Summary of ALLL and loans receivable

The following tables disclose the balance in the ALLL and the recorded investment in loans by portfolio segment:

	June 30, 2017
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Allowance for loan and lease losses
Individually evaluated for impairment	$	3,081	297	784	1,189	143	668
Collectively evaluated for impairment	126,796		11,225	67,719	35,795	7,519	4,538
Total allowance for loan and lease losses	$	129,877	11,522	68,503	36,984	7,662	5,206
Loans receivable
Individually evaluated for impairment	$	126,416	13,339	83,697	21,543	4,726	3,111
Collectively evaluated for impairment	6,219,346		699,387	3,310,056	1,527,524	440,519	241,860
Total loans receivable	$	6,345,762	712,726	3,393,753	1,549,067	445,245	244,971

	December 31, 2016
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Allowance for loan and lease losses
Individually evaluated for impairment	$	6,881	856	922	4,419	296	388
Collectively evaluated for impairment	122,691		11,580	64,851	33,404	7,276	5,580
Total allowance for loan and lease losses	$	129,572	12,436	65,773	37,823	7,572	5,968
Loans receivable
Individually evaluated for impairment	$	130,263	11,612	85,634	23,950	5,934	3,133
Collectively evaluated for impairment	5,554,200		662,735	2,904,507	1,318,300	428,840	239,818
Total loans receivable	$	5,684,463	674,347	2,990,141	1,342,250	434,774	242,951

Summary of impaired loans

The following tables disclose information related to impaired loans by portfolio segment:

	At or for the Three or Six Months ended June 30, 2017
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans with a specific valuation allowance
Recorded balance	$	17,292	2,890	5,026	7,501	391	1,484
Unpaid principal balance	17,949		2,998	5,338	7,646	453	1,514
Specific valuation allowance	3,081		297	784	1,189	143	668
Average balance - three months	18,585		2,891	5,152	8,777	469	1,296
Average balance - six months	19,766		2,847	6,478	8,789	424	1,228
Loans without a specific valuation allowance
Recorded balance	$	109,124	10,449	78,671	14,042	4,335	1,627
Unpaid principal balance	131,490		11,344	97,184	16,354	4,906	1,702
Average balance - three months	112,166		10,303	79,422	15,519	5,119	1,803
Average balance - six months	110,822		9,819	78,450	15,392	5,279	1,882
Total
Recorded balance	$	126,416	13,339	83,697	21,543	4,726	3,111
Unpaid principal balance	149,439		14,342	102,522	24,000	5,359	3,216
Specific valuation allowance	3,081		297	784	1,189	143	668
Average balance - three months	130,751		13,194	84,574	24,296	5,588	3,099
Average balance - six months	130,588		12,666	84,928	24,181	5,703	3,110

	At or for the Year ended December 31, 2016
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans with a specific valuation allowance
Recorded balance	$	22,128	2,759	9,129	8,814	334	1,092
Unpaid principal balance	22,374		2,825	9,130	8,929	345	1,145
Specific valuation allowance	6,881		856	922	4,419	296	388
Average balance	26,745		4,942	10,441	9,840	257	1,265
Loans without a specific valuation allowance
Recorded balance	$	108,135	8,853	76,505	15,136	5,600	2,041
Unpaid principal balance	131,059		9,925	94,180	17,724	7,120	2,110
Average balance	108,827		12,858	72,323	15,537	6,004	2,105
Total
Recorded balance	$	130,263	11,612	85,634	23,950	5,934	3,133
Unpaid principal balance	153,433		12,750	103,310	26,653	7,465	3,255
Specific valuation allowance	6,881		856	922	4,419	296	388
Average balance	135,572		17,800	82,764	25,377	6,261	3,370

Loan portfolio aging analysis

The following tables present an aging analysis of the recorded investment in loans by portfolio segment:

	June 30, 2017
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	22,529	590	12,596	4,615	2,781	1,947
Accruing loans 60-89 days past due	8,595		1,228	3,338	2,913	818	298
Accruing loans 90 days or more past due	3,198		398	759	734	554	753
Non-accrual loans	47,183		5,698	30,386	7,125	3,661	313
Total past due and non-accrual loans	81,505		7,914	47,079	15,387	7,814	3,311
Current loans receivable	6,264,257		704,812	3,346,674	1,533,680	437,431	241,660
Total loans receivable	$	6,345,762	712,726	3,393,753	1,549,067	445,245	244,971

	December 31, 2016
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	20,599	6,338	5,079	5,388	2,439	1,355
Accruing loans 60-89 days past due	5,018		1,398	754	1,352	844	670
Accruing loans 90 days or more past due	1,099		266	145	283	191	214
Non-accrual loans	49,332		4,528	30,216	8,817	5,240	531
Total past due and non-accrual loans	76,048		12,530	36,194	15,840	8,714	2,770
Current loans receivable	5,608,415		661,817	2,953,947	1,326,410	426,060	240,181
Total loans receivable	$	5,684,463	674,347	2,990,141	1,342,250	434,774	242,951

Summary of TDRs

The following tables present TDRs that occurred during the periods presented and the TDRs that occurred within the previous twelve months that subsequently defaulted during the periods presented:

	Three Months ended June 30, 2017
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	7		1	4	1	1	—
Pre-modification recorded balance	$	12,401	55	12,035	286	25	—
Post-modification recorded balance	$	9,719	55	9,353	286	25	—
TDRs that subsequently defaulted
Number of loans	—		—	—	—	—	—
Recorded balance	$	—	—	—	—	—	—

	Three Months ended June 30, 2016
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	19		—	5	13	1	—
Pre-modification recorded balance	$	4,912	—	2,147	2,704	61	—
Post-modification recorded balance	$	4,936	—	2,147	2,728	61	—
TDRs that subsequently defaulted
Number of loans	11		1	1	3	—	6
Recorded balance	$	2,933	1,918	570	316	—	129

	Six Months ended June 30, 2017
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	17		3	6	5	2	1
Pre-modification recorded balance	$	21,956	335	12,617	8,816	178	10
Post-modification recorded balance	$	19,274	335	9,935	8,816	178	10
TDRs that subsequently defaulted
Number of loans	1		—	—	1	—	—
Recorded balance	$	18	—	—	18	—	—

	Six Months ended June 30, 2016
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	22		—	6	14	2	—
Pre-modification recorded balance	$	13,871	—	2,203	11,459	209	—
Post-modification recorded balance	$	13,895	—	2,203	11,483	209	—
TDRs that subsequently defaulted
Number of loans	11		1	1	3	—	6
Recorded balance	$	2,933	1,918	570	316	—	129