Loans Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Summary of loans receivable

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

(Dollars in thousands)	December 31, 2019		December 31, 2018
Residential real estate loans	$	926,388	887,742
Commercial loans
Real estate	5,579,307		4,657,561
Other commercial	2,094,254		1,911,171
Total	7,673,561		6,568,732
Consumer and other loans
Home equity	617,201		544,688
Other consumer	295,660		286,387
Total	912,861		831,075
Loans receivable	9,512,810		8,287,549
Allowance for loan and lease losses	(124,490)		(131,239)
Loans receivable, net	$	9,388,320	8,156,310
Net deferred origination (fees) costs included in loans receivable	$	(6,964)	(5,685)
Net purchase accounting (discounts) premiums included in loans receivable	$	(21,574)	(25,172)

Summary of the activity in the ALLL

The following tables summarize the activity in the ALLL by loan class:

	Year ended December 31, 2019
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	131,239	10,631	72,448	38,160	5,811	4,189
Provision for loan losses	57		(163)	(2,704)	(23)	(863)	3,810
Charge-offs	(15,178)		(608)	(2,460)	(4,189)	(90)	(7,831)
Recoveries	8,372		251	2,212	2,181	79	3,649
Balance at end of period	$	124,490	10,111	69,496	36,129	4,937	3,817

	Year ended December 31, 2018
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	129,568	10,798	68,515	39,303	6,204	4,748
Provision for loan losses	9,953		474	4,343	1,916	(471)	3,691
Charge-offs	(17,807)		(728)	(3,469)	(5,045)	(210)	(8,355)
Recoveries	9,525		87	3,059	1,986	288	4,105
Balance at end of period	$	131,239	10,631	72,448	38,160	5,811	4,189

	Year ended December 31, 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	10,824		(1,521)	7,152	2,545	(1,103)	3,751
Charge-offs	(19,331)		(199)	(6,188)	(2,856)	(489)	(9,599)
Recoveries	8,503		82	1,778	1,791	224	4,628
Balance at end of period	$	129,568	10,798	68,515	39,303	6,204	4,748

Summary of recorded investment in loans and the balance in the ALLL

The following tables disclose the recorded investment in loans and the balance in the ALLL by loan class:

	December 31, 2019
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans receivable
Individually evaluated for impairment	$	94,504	7,804	58,609	21,475	3,745	2,871
Collectively evaluated for impairment	9,418,306		918,584	5,520,698	2,072,779	613,456	292,789
Total loans receivable	$	9,512,810	926,388	5,579,307	2,094,254	617,201	295,660
ALLL
Individually evaluated for impairment	$	95	—	73	10	—	12
Collectively evaluated for impairment	124,395		10,111	69,423	36,119	4,937	3,805
Total ALLL	$	124,490	10,111	69,496	36,129	4,937	3,817

	December 31, 2018
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans receivable
Individually evaluated for impairment	$	108,788	12,685	68,837	20,975	3,497	2,794
Collectively evaluated for impairment	8,178,761		875,057	4,588,724	1,890,196	541,191	283,593
Total loans receivable	$	8,287,549	887,742	4,657,561	1,911,171	544,688	286,387
ALLL
Individually evaluated for impairment	$	3,223	83	568	2,313	39	220
Collectively evaluated for impairment	128,016		10,548	71,880	35,847	5,772	3,969
Total ALLL	$	131,239	10,631	72,448	38,160	5,811	4,189

Loan portfolio aging analysis

The following tables present an aging analysis of the recorded investment in loans by loan class:

	December 31, 2019
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	15,944	3,403	4,946	4,685	1,040	1,870
Accruing loans 60-89 days past due	7,248		749	2,317	1,190	1,902	1,090
Accruing loans 90 days or more past due	1,412		753	64	143	—	452
Non-accrual loans	30,883		4,715	15,650	6,592	3,266	660
Total past due and non-accrual loans	55,487		9,620	22,977	12,610	6,208	4,072
Current loans receivable	9,457,323		916,768	5,556,330	2,081,644	610,993	291,588
Total loans receivable	$	9,512,810	926,388	5,579,307	2,094,254	617,201	295,660

	December 31, 2018
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	24,312	5,251	9,477	4,282	3,213	2,089
Accruing loans 60-89 days past due	9,255		860	3,231	3,838	735	591
Accruing loans 90 days or more past due	2,018		788	—	492	428	310
Non-accrual loans	47,252		8,021	27,264	8,619	2,575	773
Total past due and non-accrual loans	82,837		14,920	39,972	17,231	6,951	3,763
Current loans receivable	8,204,712		872,822	4,617,589	1,893,940	537,737	282,624
Total loans receivable	$	8,287,549	887,742	4,657,561	1,911,171	544,688	286,387

Summary of the impaired loans

The following tables disclose information related to impaired loans by loan class:

	At or for the Year ended December 31, 2019
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans with a specific valuation allowance
Recorded balance	$	5,388	—	5,343	10	—	35
Unpaid principal balance	5,388		—	5,343	10	—	35
Specific valuation allowance	95		—	73	10	—	12
Average balance	10,378		409	6,341	3,490	24	114
Loans without a specific valuation allowance
Recorded balance	89,116		7,804	53,266	21,465	3,745	2,836
Unpaid principal balance	99,355		9,220	57,735	24,758	4,494	3,148
Average balance	93,338		9,879	59,107	18,079	3,486	2,787
Total
Recorded balance	94,504		7,804	58,609	21,475	3,745	2,871
Unpaid principal balance	104,743		9,220	63,078	24,768	4,494	3,183
Specific valuation allowance	95		—	73	10	—	12
Average balance	103,716		10,288	65,448	21,569	3,510	2,901

	At or for the Year ended December 31, 2018
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Loans with a specific valuation allowance
Recorded balance	$	19,197	1,957	9,345	7,268	120	507
Unpaid principal balance	19,491		2,220	9,345	7,268	120	538
Specific valuation allowance	3,223		83	568	2,313	39	220
Average balance	19,519		2,686	8,498	7,081	82	1,172
Loans without a specific valuation allowance
Recorded balance	89,591		10,728	59,492	13,707	3,377	2,287
Unpaid principal balance	107,486		11,989	71,300	17,689	3,986	2,522
Average balance	106,747		10,269	73,889	17,376	3,465	1,748
Total
Recorded balance	108,788		12,685	68,837	20,975	3,497	2,794
Unpaid principal balance	126,977		14,209	80,645	24,957	4,106	3,060
Specific valuation allowance	3,223		83	568	2,313	39	220
Average balance	126,266		12,955	82,387	24,457	3,547	2,920

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:

	Year ended December 31, 2019
(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	18		1	6	6	2	3
Pre-modification recorded balance	$	18,508	117	8,524	9,382	214	271
Post-modification recorded balance	$	18,476	123	8,524	9,364	214	251
TDRs that subsequently defaulted
Number of loans	1		—	1	—	—	—
Recorded balance	$	106	—	106	—	—	—

	Year ended December 31, 2018
(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	25		4	8	10	2	1
Pre-modification recorded balance	$	21,995	724	12,901	7,813	252	305
Post-modification recorded balance	$	21,881	724	12,787	7,813	252	305
TDRs that subsequently defaulted
Number of loans	1		1	—	—	—	—
Recorded balance	$	47	47	—	—	—	—

	Year ended December 31, 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	32		5	13	11	2	1
Pre-modification recorded balance	$	41,521	841	31,109	9,403	158	10
Post-modification recorded balance	$	38,838	841	28,426	9,403	158	10
TDRs that subsequently defaulted
Number of loans	1		—	—	1	—	—
Recorded balance	$	18	—	—	18	—	—