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Loans Receivable And Allowance For Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2013
Loans Receivable And Allowance For Credit Losses [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The following table presents the composition of Sterling’s loan portfolio as of the balance sheet dates:
 
 
June 30,
2013
 
December 31,
2012
 
(in thousands)
Residential real estate
$
964,872

 
$
806,722

Commercial real estate ("CRE"):
 
 
 
Investor CRE
1,172,433

 
1,219,847

Multifamily
1,962,919

 
1,580,289

Construction
69,796

 
74,665

Total CRE
3,205,148

 
2,874,801

Commercial:
 
 
 
Owner occupied CRE
1,411,576

 
1,276,591

Commercial & Industrial ("C&I")
636,727

 
540,499

Total commercial
2,048,303

 
1,817,090

Consumer
783,601

 
754,621

Gross loans receivable
7,001,924

 
6,253,234

Deferred loan costs (fees), net
8,891

 
2,860

Allowance for loan losses
(141,949
)
 
(154,345
)
Net loans receivable
$
6,868,866

 
$
6,101,749
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(in thousands)
Beginning balance
$
3,061

 
$
1,909

 
$
1,332

 
$
0

Additions
0

 
0

 
1,774

 
1,923

Accretion to interest income
(497
)
 
(308
)
 
(702
)
 
(322
)
Reclassifications
184

 
730

 
344

 
730

Ending balance
$
2,748

 
$
2,331

 
$
2,748

 
$
2,331
Five-Year Maturity, Projected Accretion Of The Discount, Recognized In Interest Income
The following table presents, as of June 30, 2013, the five-year projected loan discount accretion to be recognized as interest income:

 
Amount
 
(in thousands)
Remainder of 2013
$
3,463

Years ended December 31,
 
2014
4,589

2015
2,982

2016
1,856

2017
1,284

2018
924
Allowance for Credit Losses on Financing Receivables
The following table sets forth details by segment for Sterling’s loan portfolio and related allowance as of the balance sheet dates: 
 
Residential Real Estate
 
Commercial Real Estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Loans receivable, gross:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
0

 
$
62,018

 
$
43,336

 
$
0

 
$
0

 
$
105,354

Collectively evaluated for impairment
964,872

 
3,143,130

 
2,004,967

 
783,601

 
0

 
6,896,570

Total loans receivable, gross
$
964,872

 
$
3,205,148

 
$
2,048,303

 
$
783,601

 
$
0

 
$
7,001,924

Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
0

 
$
1,793

 
$
2,739

 
$
0

 
$
0

 
$
4,532

Collectively evaluated for impairment
18,989

 
39,794

 
36,785

 
27,744

 
14,105

 
137,417

Total allowance for loan losses
$
18,989

 
$
41,587

 
$
39,524

 
$
27,744

 
$
14,105

 
$
141,949

December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Loans receivable, gross:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
9,134

 
$
68,317

 
$
48,312

 
$
494

 
$
0

 
$
126,257

Collectively evaluated for impairment
797,588

 
2,806,484

 
1,768,778

 
754,127

 
0

 
6,126,977

Total loans receivable, gross
$
806,722

 
$
2,874,801

 
$
1,817,090

 
$
754,621

 
$
0

 
$
6,253,234

Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
365

 
$
3,182

 
$
4,916

 
$
0

 
$
0

 
$
8,463

Collectively evaluated for impairment
19,482

 
44,912

 
36,958

 
25,602

 
18,928

 
145,882

Total allowance for loan losses
$
19,847

 
$
48,094

 
$
41,874

 
$
25,602

 
$
18,928

 
$
154,345
Allowance for Credit Losses Rollforward
The following tables present a roll-forward by segment of the allowance for credit losses for the periods presented:
 
 
Residential Real Estate
 
Commercial Real Estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
2013 second quarter activity
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, April 1
$
19,968

 
$
45,135

 
$
39,596

 
$
25,817

 
$
19,157

 
$
149,673

Provisions
(214
)
 
(2,198
)
 
1,819

 
3,045

 
(5,052
)
 
(2,600
)
Charge-offs
(1,107
)
 
(2,636
)
 
(2,512
)
 
(1,503
)
 
0

 
(7,758
)
Recoveries
342

 
1,286

 
621

 
385

 
0

 
2,634

Ending balance, June 30
18,989

 
41,587

 
39,524

 
27,744

 
14,105

 
141,949

Reserve for unfunded credit commitments:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, April 1
1,909

 
355

 
2,433

 
2,722

 
571

 
7,990

Provisions
2,318

 
152

 
119

 
525

 
(514
)
 
2,600

Charge-offs
(1,085
)
 
0

 
0

 
0

 
0

 
(1,085
)
Recoveries
0

 
0

 
0

 
0

 
0

 
0

Ending balance, June 30
3,142

 
507

 
2,552

 
3,247

 
57

 
9,505

Total credit allowance
$
22,131

 
$
42,094

 
$
42,076

 
$
30,991

 
$
14,162

 
$
151,454

2012 second quarter activity
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, April 1
$
12,242

 
$
80,614

 
$
34,483

 
$
14,160

 
$
19,774

 
$
161,273

Provisions
(377
)
 
(9,905
)
 
6,222

 
4,052

 
2,008

 
2,000

Charge-offs
(157
)
 
(9,481
)
 
(3,606
)
 
(1,643
)
 
0

 
(14,887
)
Recoveries
673

 
5,624

 
3,171

 
390

 
0

 
9,858

Ending balance, June 30
12,381

 
66,852

 
40,270

 
16,959

 
21,782

 
158,244

Reserve for unfunded credit commitments:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, April 1
3,802

 
1,608

 
2,461

 
1,282

 
875

 
10,028

Provisions
2,595

 
(910
)
 
889

 
228

 
(802
)
 
2,000

Charge-offs
(4,076
)
 
0

 
0

 
0

 
0

 
(4,076
)
Recoveries
0

 
0

 
0

 
0

 
0

 
0

Ending balance, June 30
2,321

 
698

 
3,350

 
1,510

 
73

 
7,952

Total credit allowance
$
14,702

 
$
67,550

 
$
43,620

 
$
18,469

 
$
21,855

 
$
166,196


 
Residential Real Estate
 
Commercial Real Estate
 
Commercial
 
Consumer
 
Unallocated
 
Total
 
(in thousands)
2013 year to date
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
19,847

 
$
48,094

 
$
41,874

 
$
25,602

 
$
18,928

 
$
154,345

Provisions
746

 
(3,289
)
 
209

 
4,557

 
(4,823
)
 
(2,600
)
Charge-offs
(2,126
)
 
(5,559
)
 
(4,100
)
 
(3,147
)
 
0

 
(14,932
)
Recoveries
522

 
2,341

 
1,541

 
732

 
0

 
5,136

Ending balance, June 30
18,989

 
41,587

 
39,524

 
27,744

 
14,105

 
141,949

Reserve for unfunded credit commitments:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
2,230

 
405

 
2,806

 
2,118

 
443

 
8,002

Provisions
2,009

 
102

 
(254
)
 
1,129

 
(386
)
 
2,600

Charge-offs
(1,097
)
 
0

 
0

 
0

 
0

 
(1,097
)
Recoveries
0

 
0

 
0

 
0

 
0

 
0

Ending balance, June 30
3,142

 
507

 
2,552

 
3,247

 
57

 
9,505

Total credit allowance
$
22,131

 
$
42,094

 
$
42,076

 
$
30,991

 
$
14,162

 
$
151,454

2012 year to date
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
15,197

 
$
91,722

 
$
38,046

 
$
13,427

 
$
19,066

 
$
177,458

Provisions
(1,357
)
 
(12,729
)
 
10,680

 
6,690

 
2,716

 
6,000

Charge-offs
(2,344
)
 
(20,999
)
 
(13,139
)
 
(4,095
)
 
0

 
(40,577
)
Recoveries
885

 
8,858

 
4,683

 
937

 
0

 
15,363

Ending balance, June 30
12,381

 
66,852

 
40,270

 
16,959

 
21,782

 
158,244

Reserve for unfunded credit commitments:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
3,828

 
2,321

 
1,796

 
1,787

 
297

 
10,029

Provisions
2,570

 
(1,623
)
 
1,554

 
(277
)
 
(224
)
 
2,000

Charge-offs
(4,077
)
 
0

 
0

 
0

 
0

 
(4,077
)
Recoveries
0

 
0

 
0

 
0

 
0

 
0

Ending balance, June 30
2,321

 
698

 
3,350

 
1,510

 
73

 
7,952

Total credit allowance
$
14,702

 
$
67,550

 
$
43,620

 
$
18,469

 
$
21,855

 
$
166,196
Financing Receivable Credit Quality Indicators
The following table presents credit quality indicators for Sterling’s loan portfolio grouped according to internally assigned risk ratings and performance status:
 
 
 
 
Commercial Real Estate
 
Commercial
 
 
 
 
 
 
 
Residential Real Estate
 
Investor CRE
 
Multifamily
 
Construction
 
Owner Occupied CRE
 
Commercial & Industrial
 
Consumer
 
Total
 
% of
Total
 
(in thousands)
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pass
$
875,419

 
$
652,127

 
$
1,880,798

 
$
13,785

 
$
659,774

 
$
420,985

 
$
754,887

 
$
5,257,775

 
75
%
Marginal
55,340

 
421,988

 
68,210

 
43,640

 
629,299

 
193,252

 
16,337

 
1,428,066

 
20
%
Special mention
8,764

 
66,836

 
9,077

 
2,979

 
73,522

 
16,661

 
4,712

 
182,551

 
3
%
Substandard
25,053

 
30,174

 
4,615

 
9,126

 
46,304

 
5,817

 
7,665

 
128,754

 
2
%
Doubtful/Loss
296

 
1,308

 
219

 
266

 
2,677

 
12

 
0

 
4,778

 
0
%
Total
$
964,872

 
$
1,172,433

 
$
1,962,919

 
$
69,796

 
$
1,411,576

 
$
636,727

 
$
783,601

 
$
7,001,924

 
100
%
Restructured
$
23,290

 
$
7,429

 
$
1,225

 
$
8,814

 
$
20,266

 
$
1,225

 
$
95

 
$
62,344

 
1
%
Nonaccrual
17,205

 
17,843

 
840

 
6,050

 
30,792

 
2,538

 
5,119

 
80,387

 
1
%
Nonperforming
40,495

 
25,272

 
2,065

 
14,864

 
51,058

 
3,763

 
5,214

 
142,731

 
2
%
Performing
924,377

 
1,147,161

 
1,960,854

 
54,932

 
1,360,518

 
632,964

 
778,387

 
6,859,193

 
98
%
Total
$
964,872

 
$
1,172,433

 
$
1,962,919

 
$
69,796

 
$
1,411,576

 
$
636,727

 
$
783,601

 
$
7,001,924

 
100
%
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pass
$
714,346

 
$
599,660

 
$
1,486,824

 
$
10,946

 
$
678,916

 
$
349,674

 
$
723,698

 
$
4,564,064

 
73
%
Marginal
53,722

 
472,801

 
74,379

 
42,518

 
454,348

 
146,554

 
17,255

 
1,261,577

 
20
%
Special mention
11,739

 
77,342

 
10,122

 
3,401

 
85,228

 
38,874

 
4,864

 
231,570

 
4
%
Substandard
26,550

 
67,347

 
8,745

 
17,534

 
53,183

 
5,397

 
8,804

 
187,560

 
3
%
Doubtful/Loss
365

 
2,697

 
219

 
266

 
4,916

 
0

 
0

 
8,463

 
0
%
Total
$
806,722

 
$
1,219,847

 
$
1,580,289

 
$
74,665

 
$
1,276,591

 
$
540,499

 
$
754,621

 
$
6,253,234

 
100
%
Restructured
$
22,968

 
$
4,334

 
$
4,094

 
$
8,551

 
$
23,152

 
$
810

 
$
307

 
$
64,216

 
1
%
Nonaccrual
20,457

 
46,399

 
4,055

 
8,144

 
31,696

 
3,424

 
6,938

 
121,113

 
2
%
Nonperforming
43,425

 
50,733

 
8,149

 
16,695

 
54,848

 
4,234

 
7,245

 
185,329

 
3
%
Performing
763,297

 
1,169,114

 
1,572,140

 
57,970

 
1,221,743

 
536,265

 
747,376

 
6,067,905

 
97
%
Total
$
806,722

 
$
1,219,847

 
$
1,580,289

 
$
74,665

 
$
1,276,591

 
$
540,499

 
$
754,621

 
$
6,253,234

 
100
%
Past Due Financing Receivables
Aging by class for Sterling’s loan portfolio as of June 30, 2013 and December 31, 2012 was as follows:
 
 
 
 
Commercial Real Estate
 
Commercial
 
 
 
 
 
 
 
Residential Real Estate
 
Investor CRE
 
Multifamily
 
Construction
 
Owner Occupied CRE
 
Commercial & Industrial
 
Consumer
 
Total
 
% of
Total
 
(in thousands)
 
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30 - 59 days past due
$
1,829

 
$
6,947

 
$
651

 
$
2,692

 
$
4,828

 
$
1,395

 
$
4,162

 
$
22,504

 
0
%
60 - 89 days past due
2,118

 
424

 
0

 
0

 
2,135

 
395

 
1,217

 
6,289

 
0
%
> 90 days past due
19,054

 
9,316

 
704

 
6,050

 
17,987

 
1,634

 
3,221

 
57,966

 
1
%
Total past due
23,001

 
16,687

 
1,355

 
8,742

 
24,950

 
3,424

 
8,600

 
86,759

 
1
%
Current
941,871

 
1,155,746

 
1,961,564

 
61,054

 
1,386,626

 
633,303

 
775,001

 
6,915,165

 
99
%
Total Loans
$
964,872

 
$
1,172,433

 
$
1,962,919

 
$
69,796

 
$
1,411,576

 
$
636,727

 
$
783,601

 
$
7,001,924

 
100
%
> 90 days and accruing
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
0
%
December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30 - 59 days past due
$
5,800

 
$
10,565

 
$
707

 
$
611

 
$
10,543

 
$
2,690

 
$
4,028

 
$
34,944

 
1
%
60 - 89 days past due
1,576

 
1,042

 
479

 
0

 
3,300

 
376

 
1,796

 
8,569

 
0
%
> 90 days past due
20,507

 
34,196

 
3,436

 
8,243

 
20,883

 
1,954

 
4,717

 
93,936

 
2
%
Total past due
27,883

 
45,803

 
4,622

 
8,854

 
34,726

 
5,020

 
10,541

 
137,449

 
3
%
Current
778,839

 
1,174,044

 
1,575,667

 
65,811

 
1,241,865

 
535,479

 
744,080

 
6,115,785

 
97
%
Total Loans
$
806,722

 
$
1,219,847

 
$
1,580,289

 
$
74,665

 
$
1,276,591

 
$
540,499

 
$
754,621

 
$
6,253,234

 
100
%
> 90 days and accruing
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
$
0

 
0
%
Impaired Financing Receivables
Sterling considers its nonperforming loans to be impaired loans. The following table summarizes impaired loans by class as of June 30, 2013 and December 31, 2012:
 
 
 
 
 
Book Balance
 
 
 
Unpaid
Principal
Balance
 
Charge-Offs
 
Without
Specific
Reserve
 
With
Specific
Reserve
 
Specific
Reserve
 
(in thousands)
June 30, 2013
 
 
 
 
 
 
 
 
 
Residential real estate
$
45,620

 
$
5,125

 
$
40,199

 
$
296

 
$
296

CRE:
 
 
 
 
 
 
 
 
 
Investor CRE
28,527

 
3,255

 
20,774

 
4,498

 
1,308

Multifamily
2,802

 
737

 
840

 
1,225

 
219

Construction
29,323

 
14,459

 
13,596

 
1,268

 
266

Total CRE
60,652

 
18,451

 
35,210

 
6,991

 
1,793

Commercial:
 
 
 
 
 
 
 
 
 
Owner Occupied CRE
55,838

 
4,780

 
38,166

 
12,892

 
2,740

C&I
3,764

 
0

 
3,764

 
0

 
0

Total commercial
59,602

 
4,780

 
41,930

 
12,892

 
2,740

Consumer
5,530

 
316

 
5,214

 
0

 
0

Total
$
171,404

 
$
28,672

 
$
122,553

 
$
20,179

 
$
4,829

 
 
 
 
 
Book Balance
 
 
 
Unpaid
Principal
Balance
 
Charge-Offs
 
Without
Specific
Reserve
 
With
Specific
Reserve
 
Specific
Reserve
 
(in thousands)
December 31, 2012
 
 
 
 
 
 
 
 
 
Residential real estate
$
49,816

 
$
6,391

 
$
43,060

 
$
365

 
$
365

CRE:
 
 
 
 
 
 
 
 
 
Investor CRE
59,099

 
8,366

 
33,540

 
17,193

 
2,697

Multifamily
9,554

 
1,405

 
6,873

 
1,276

 
219

Construction
31,040

 
14,345

 
15,421

 
1,274

 
266

Total CRE
99,693

 
24,116

 
55,834

 
19,743

 
3,182

Commercial:
 
 
 
 
 
 
 
 
 
Owner Occupied CRE
61,300

 
6,452

 
42,075

 
12,773

 
4,916

C&I
16,959

 
12,725

 
4,234

 
0

 
0

Total commercial
78,259

 
19,177

 
46,309

 
12,773

 
4,916

Consumer
7,671

 
426

 
7,245

 
0

 
0

Total
$
235,439

 
$
50,110

 
$
152,448

 
$
32,881

 
$
8,463

he following table presents the average book balance and interest income recognized for impaired loans by class for the periods presented:
 
Three Months Ended June 30,
 
2013
 
2012
 
Average Book Balance
 
Interest Income Recognized
 
Average Book Balance
 
Interest Income Recognized
 
(in thousands)
Residential real estate
$
41,662

 
$
165

 
$
46,485

 
$
174

Investor CRE
34,760

 
109

 
60,793

 
421

Multifamily
3,445

 
4

 
16,839

 
255

Construction
16,035

 
470

 
58,289

 
21

Owner Occupied CRE
56,890

 
195

 
73,688

 
628

C&I
4,488

 
24

 
11,530

 
6

Consumer
5,653

 
0

 
4,897

 
0

Total
$
162,933

 
$
967

 
$
272,521

 
$
1,505

 
Six Months Ended June 30,
 
2013
 
2012
 
Average Book Balance
 
Interest Income Recognized
 
Average Book Balance
 
Interest Income Recognized
 
(in thousands)
Residential real estate
$
41,960

 
$
317

 
$
43,231

 
$
418

Investor CRE
38,003

 
456

 
63,283

 
1,003

Multifamily
5,106

 
39

 
16,188

 
350

Construction
15,779

 
2,171

 
64,030

 
873

Owner Occupied CRE
52,953

 
589

 
73,188

 
1,406

C&I
3,999

 
58

 
11,122

 
35

Consumer
6,229

 
5

 
5,209

 
0

Total
$
164,029

 
$
3,635

 
$
276,251

 
$
4,085
Schedule of Post-Modification Investments in Troubled Debt Restructings
The following table shows the post-modification recorded investment by class for TDRs restructured during the periods presented by the primary type of concession granted:

 
Principal
Deferral
 
Rate
Reduction
 
Extension of Terms
 
Forgiveness
of Principal
and/or
Interest
 
Total
Six Months Ended June 30, 2013
(in thousands)
Residential Real Estate
$
0

 
$
1,581

 
$
203

 
$
331

 
$
2,115

Investor CRE
262

 
1,139

 
0

 
41

 
1,442

Multifamily
0

 
0

 
0

 
0

 
0

Construction
0

 
0

 
0

 
0

 
0

Owner CRE
1,365

 
1,684

 
124

 
0

 
3,173

C&I
447

 
0

 
7

 
0

 
454

Consumer
0

 
0

 
0

 
0

 
0

Total
$
2,074

 
$
4,404

 
$
334

 
$
372

 
$
7,184

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2012
 
 
 
 
 
 
 
 
 
Residential Real Estate
$
407

 
$
1,821

 
$
0

 
$
0

 
$
2,228

Investor CRE
0

 
1,302

 
0

 
0

 
1,302

Multifamily
0

 
2,374

 
0

 
0

 
2,374

Construction
0

 
3,261

 
2,692

 
0

 
5,953

Owner CRE
5,688

 
9,393

 
0

 
309

 
15,390

C&I
0

 
1,317

 
183

 
706

 
2,206

Consumer
0

 
0

 
299

 
0

 
299

Total
$
6,095

 
$
19,468

 
$
3,174

 
$
1,015

 
$
29,752
Troubled Debt Restructurings on Financing Receivables
The following tables present loans that were modified and recorded as troubled debt restructurings ("TDR’s") during the following periods:
 
Three Months Ended June 30,
 
2013
 
2012
 
Number of
Contracts
 
Pre-Modification
Recorded
Investment
 
Post-Modification
Recorded
Investment
 
Number of
Contracts
 
Pre-Modification
Recorded
Investment
 
Post-Modification
Recorded
Investment
 
(in thousands, except number of contracts)
Residential real estate
1

 
$
184

 
$
186

 
8

 
$
1,193

 
$
1,188

Investor CRE
1

 
263

 
262

 
0

 
0

 
0

Multifamily
0

 
0

 
0

 
1

 
767

 
763

Construction
0

 
0

 
0

 
1

 
3,252

 
3,261

Owner Occupied CRE
4

 
1,616

 
759

 
6

 
8,809

 
8,766

C&I
4

 
449

 
454

 
5

 
1,494

 
1,500

Consumer
0

 
0

 
0

 
2

 
296

 
299

Total (1)
10

 
$
2,512

 
$
1,661

 
23

 
$
15,811

 
$
15,777

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
2013
 
2012
 
Number of
Contracts
 
Pre-Modification
Recorded
Investment
 
Post-Modification
Recorded
Investment
 
Number of
Contracts
 
Pre-Modification
Recorded
Investment
 
Post-Modification
Recorded
Investment
 
(in thousands, except number of contracts)
Residential real estate
10

 
$
2,318

 
$
2,115

 
12

 
$
2,234

 
$
2,228

Investor CRE
4

 
1,745

 
1,442

 
1

 
1,302

 
1,302

Multifamily
0

 
0

 
0

 
2

 
2,379

 
2,374

Construction
0

 
0

 
0

 
2

 
5,944

 
5,953

Owner Occupied CRE
7

 
4,048

 
3,173

 
9

 
15,441

 
15,390

C&I
4

 
449

 
454

 
9

 
3,482

 
2,206

Consumer
0

 
0

 
0

 
2

 
296

 
299

Total (1)
25

 
$
8,560

 
$
7,184

 
37

 
$
31,078

 
$
29,752


(1) Amounts exclude specific loan loss reserves.
The following table outlines accrual status of TDRs as of the dates shown:

 
June 30,
 
December 31,
 
2013
 
2012
 
(in thousands)
TDRs on nonaccrual status
$
42,988

 
$
44,706

TDRs on accrual status
19,356

 
19,510

Total TDRs
$
62,344

 
$
64,216