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Loans (Tables) | 3 Months Ended
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Mar. 31, 2022
Loans and Leases Receivable Disclosure [Abstract] |
Summary of Loan Portfolio | The following table shows the Company’s loan portfolio by category as of the dates shown:
| March 31, |  | December 31, |  | March 31,
(Dollars in thousands) | 2022 |  | 2021 |  | 2021
Balance: |  |  |  |  |
Commercial | $ | 11,583,963 |  |  | $ | 11,904,068 |  |  | $ | 12,708,207 |
Commercial real estate | 9,235,074 |  |  | 8,990,286 |  |  | 8,544,779 |
Home equity | 321,435 |  |  | 335,155 |  |  | 390,253 |
Residential real estate | 1,799,985 |  |  | 1,637,099 |  |  | 1,421,973 |
Premium finance receivables |  |  |  |  |
Property and casualty insurance | 4,937,408 |  |  | 4,855,487 |  |  | 3,958,543 |
Life insurance | 7,354,163 |  |  | 7,042,810 |  |  | 6,111,495 |
Consumer and other | 48,519 |  |  | 24,199 |  |  | 35,983 |
Total loans, net of unearned income | $ | 35,280,547 |  |  | $ | 34,789,104 |  |  | $ | 33,171,233 |
Mix: |  |  |  |  |
Commercial | 33 | % |  | 34 | % |  | 38 | %
Commercial real estate | 26 |  |  | 26 |  |  | 26 |
Home equity | 1 |  |  | 1 |  |  | 1 |
Residential real estate | 5 |  |  | 5 |  |  | 4 |
Premium finance receivables |  |  |  |  |
Property and casualty insurance | 14 |  |  | 14 |  |  | 12 |
Life insurance | 21 |  |  | 20 |  |  | 19 |
Consumer and other | 0 |  |  | 0 |  |  | 0 |
Total loans, net of unearned income | 100 | % |  | 100 | % |  | 100 | %
Schedule of Loans Acquired | The following table provides estimated details as of the date of acquisition on PCD loans acquired in 2021:
(Dollars in thousands) |  |  |  |  |  |  | Insurance Agency Loan Portfolio
Contractually required payments (unpaid principal balance) |  |  |  |  |  |  | $ | 13,882 |
Allowance for credit losses (1) |  |  |  |  |  |  | (2,806) |
Discount, net of any premium |  |  |  |  |  |  | (214) |
Purchase price of PCD loans acquired |  |  |  |  |  |  | $ | 10,862 |
(1)The initial allowance for credit losses on PCD loans acquired during 2021 measured approximately $2.8 million, of which $2.3 million was charged off related to PCD loans that met the Company’s charge-off policy at the time of acquisition. After considering these loans that were immediately charged off, the net impact of PCD allowance for credit losses at the acquisition date was approximately $470,000.

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- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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