XML 54 R33.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Loans and Allowances for Credit Losses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Loans and Leases Receivable, Net Amount [Abstract] |
Schedule of the Loans by Portfolio Segment [Table Text Block] | The portfolio segments of the loan portfolio are as follows (in thousands):
|  | December 31, 2019 |  | December 31, 2018
|  | Fixed Rate |  | Variable Rate |  | Non-accrual |  | Total |  | Fixed Rate |  | Variable Rate |  | Non-accrual |  | Total
Commercial |  | $ | 3,231,485 |  |  | $ | 10,684,749 |  |  | $ | 115,416 |  |  | $ | 14,031,650 |  |  | $ | 2,251,188 |  |  | $ | 11,285,049 |  |  | $ | 99,841 |  |  | $ | 13,636,078 |
Commercial real estate |  | 1,056,321 |  |  | 3,349,836 |  |  | 27,626 |  |  | 4,433,783 |  |  | 1,477,274 |  |  | 3,265,918 |  |  | 21,621 |  |  | 4,764,813 |
Residential mortgage |  | 1,652,653 |  |  | 393,897 |  |  | 37,622 |  |  | 2,084,172 |  |  | 1,830,224 |  |  | 358,254 |  |  | 41,555 |  |  | 2,230,033 |
Personal |  | 193,903 |  |  | 1,007,192 |  |  | 287 |  |  | 1,201,382 |  |  | 190,687 |  |  | 834,889 |  |  | 230 |  |  | 1,025,806 |
Total |  | $ | 6,134,362 |  |  | $ | 15,435,674 |  |  | $ | 180,951 |  |  | $ | 21,750,987 |  |  | $ | 5,749,373 |  |  | $ | 15,744,110 |  |  | $ | 163,247 |  |  | $ | 21,656,730 |
Accruing loans past due (90 days)1 |  |  |  |  |  |  |  |  |  |  | $ | 7,680 |  |  |  |  |  |  |  |  |  |  |  | $ | 1,338 |
Foregone interest on nonaccrual loans |  |  |  |  |  |  |  | $ | 17,409 |  |  |  |  |  |  |  |  | $ | 15,502 |
1 Excludes residential mortgage loans guaranteed by agencies of the U.S. government
Rollforward of Allowance For Loan Losses And Accrual for Off-Balnace Sheet Credit Losses [Table Text Block] | The activity in the allowance for loan losses and the accrual for off-balance sheet credit risk related to loan commitments and standby letters of credit for the year ended December 31, 2019 is summarized as follows (in thousands):
|  | Commercial |  | Commercial Real Estate |  | Residential Mortgage |  | Personal |  | Nonspecific Allowance |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 102,226 |  |  | $ | 60,026 |  |  | $ | 17,964 |  |  | $ | 9,473 |  |  | $ | 17,768 |  |  | $ | 207,457 |
Provision for loan losses |  | 57,125 |  |  | (12,046 | ) |  | (3,838 | ) |  | 3,537 |  |  | (573 | ) |  | 44,205 |
Loans charged off |  | (43,185 | ) |  | (1,161 | ) |  | (288 | ) |  | (6,343 | ) |  | — |  |  | (50,977 | )
Recoveries |  | 2,021 |  |  | 4,986 |  |  | 562 |  |  | 2,505 |  |  | — |  |  | 10,074 |
Ending balance |  | $ | 118,187 |  |  | $ | 51,805 |  |  | $ | 14,400 |  |  | $ | 9,172 |  |  | $ | 17,195 |  |  | $ | 210,759 |
Accrual for off-balance sheet credit risk: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,655 |  |  | $ | 52 |  |  | $ | 52 |  |  | $ | 31 |  |  | $ | — |  |  | $ | 1,790 |
Provision for off-balance sheet credit risk |  | (221 | ) |  | 55 |  |  | (8 | ) |  | (31 | ) |  | — |  |  | (205 | )
Ending balance |  | $ | 1,434 |  |  | $ | 107 |  |  | $ | 44 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,585 |
Total provision for credit losses |  | $ | 56,904 |  |  | $ | (11,991 | ) |  | $ | (3,846 | ) |  | $ | 3,506 |  |  | $ | (573 | ) |  | $ | 44,000 |
The activity in the allowance for loan losses and the accrual for off-balance sheet credit risk related to loan commitments and standby letters of credit for the year ended December 31, 2018 is summarized as follows (in thousands):
|  | Commercial |  | Commercial Real Estate |  | Residential Mortgage |  | Personal |  | Nonspecific Allowance |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 124,269 |  |  | $ | 56,621 |  |  | $ | 18,451 |  |  | $ | 9,124 |  |  | $ | 22,217 |  |  | $ | 230,682 |
Provision for loan losses |  | 12,521 |  |  | (147 | ) |  | (1,156 | ) |  | 3,175 |  |  | (4,449 | ) |  | 9,944 |
Loans charged off |  | (37,880 | ) |  | — |  |  | (378 | ) |  | (5,325 | ) |  | — |  |  | (43,583 | )
Recoveries |  | 3,316 |  |  | 3,552 |  |  | 1,047 |  |  | 2,499 |  |  | — |  |  | 10,414 |
Ending balance |  | $ | 102,226 |  |  | $ | 60,026 |  |  | $ | 17,964 |  |  | $ | 9,473 |  |  | $ | 17,768 |  |  | $ | 207,457 |
Accrual for off-balance sheet credit risk: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 3,644 |  |  | $ | 45 |  |  | $ | 43 |  |  | $ | 2 |  |  | $ | — |  |  | $ | 3,734 |
Provision for off-balance sheet credit risk |  | (1,989 | ) |  | 7 |  |  | 9 |  |  | 29 |  |  | — |  |  | (1,944 | )
Ending balance |  | $ | 1,655 |  |  | $ | 52 |  |  | $ | 52 |  |  | $ | 31 |  |  | $ | — |  |  | $ | 1,790 |
Total provision for credit losses |  | $ | 10,532 |  |  | $ | (140 | ) |  | $ | (1,147 | ) |  | $ | 3,204 |  |  | $ | (4,449 | ) |  | $ | 8,000 |
The activity in the allowance for loan losses and the accrual for off-balance sheet credit risk related to loan commitments and standby letters of credit for the year ended December 31, 2017 is summarized as follows (in thousands):
|  | Commercial |  | Commercial Real Estate |  | Residential Mortgage |  | Personal |  | Nonspecific Allowance |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 140,213 |  |  | $ | 50,749 |  |  | $ | 18,224 |  |  | $ | 8,773 |  |  | $ | 28,200 |  |  | $ | 246,159 |
Provision for loan losses |  | (595 | ) |  | 4,008 |  |  | 116 |  |  | 2,964 |  |  | (5,983 | ) |  | 510 |
Loans charged off |  | (19,810 | ) |  | (76 | ) |  | (649 | ) |  | (5,064 | ) |  | — |  |  | (25,599 | )
Recoveries |  | 4,461 |  |  | 1,940 |  |  | 760 |  |  | 2,451 |  |  | — |  |  | 9,612 |
Ending balance |  | $ | 124,269 |  |  | $ | 56,621 |  |  | $ | 18,451 |  |  | $ | 9,124 |  |  | $ | 22,217 |  |  | $ | 230,682 |
Accrual for off-balance sheet credit risk: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 11,063 |  |  | $ | 123 |  |  | $ | 50 |  |  | $ | 8 |  |  | $ | — |  |  | $ | 11,244 |
Provision for off-balance sheet credit risk |  | (7,419 | ) |  | (78 | ) |  | (7 | ) |  | (6 | ) |  | — |  |  | (7,510 | )
Ending balance |  | $ | 3,644 |  |  | $ | 45 |  |  | $ | 43 |  |  | $ | 2 |  |  | $ | — |  |  | $ | 3,734 |
Total provision for credit losses |  | $ | (8,014 | ) |  | $ | 3,930 |  |  | $ | 109 |  |  | $ | 2,958 |  |  | $ | (5,983 | ) |  | $ | (7,000 | )
The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at December 31, 2019 is as follows (in thousands):
|  | Collectively Measured for Impairment |  | Individually Measured for Impairment |  | Total
|  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance
Commercial |  | $ | 13,916,234 |  |  | $ | 100,773 |  |  | $ | 115,416 |  |  | $ | 17,414 |  |  | $ | 14,031,650 |  |  | $ | 118,187 |
Commercial real estate |  | 4,406,157 |  |  | 51,805 |  |  | 27,626 |  |  | — |  |  | 4,433,783 |  |  | 51,805 |
Residential mortgage |  | 2,046,550 |  |  | 14,400 |  |  | 37,622 |  |  | — |  |  | 2,084,172 |  |  | 14,400 |
Personal |  | 1,201,095 |  |  | 9,172 |  |  | 287 |  |  | — |  |  | 1,201,382 |  |  | 9,172 |
Total |  | 21,570,036 |  |  | 176,150 |  |  | 180,951 |  |  | 17,414 |  |  | 21,750,987 |  |  | 193,564 |
Nonspecific allowance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17,195 |
Total |  | $ | 21,570,036 |  |  | $ | 176,150 |  |  | $ | 180,951 |  |  | $ | 17,414 |  |  | $ | 21,750,987 |  |  | $ | 210,759 |
The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at December 31, 2018 is as follows (in thousands):
|  | Collectively Measured for Impairment |  | Individually Measured for Impairment |  | Total
|  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance
Commercial |  | $ | 13,536,237 |  |  | $ | 93,494 |  |  | $ | 99,841 |  |  | $ | 8,732 |  |  | $ | 13,636,078 |  |  | $ | 102,226 |
Commercial real estate |  | 4,743,192 |  |  | 60,026 |  |  | 21,621 |  |  | — |  |  | 4,764,813 |  |  | 60,026 |
Residential mortgage |  | 2,188,478 |  |  | 17,964 |  |  | 41,555 |  |  | — |  |  | 2,230,033 |  |  | 17,964 |
Personal |  | 1,025,576 |  |  | 9,473 |  |  | 230 |  |  | — |  |  | 1,025,806 |  |  | 9,473 |
Total |  | 21,493,483 |  |  | 180,957 |  |  | 163,247 |  |  | 8,732 |  |  | 21,656,730 |  |  | 189,689 |
Nonspecific allowance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17,768 |
Total |  | $ | 21,493,483 |  |  | $ | 180,957 |  |  | $ | 163,247 |  |  | $ | 8,732 |  |  | $ | 21,656,730 |  |  | $ | 207,457 |
Schedule of Credit Quality Indicators [Table Text Block] | The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at December 31, 2019 is as follows (in thousands):
|  | Internally Risk Graded |  | Non-Graded |  | Total
|  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance
Commercial |  | $ | 13,997,538 |  |  | $ | 117,236 |  |  | $ | 34,112 |  |  | $ | 951 |  |  | $ | 14,031,650 |  |  | $ | 118,187 |
Commercial real estate |  | 4,433,783 |  |  | 51,805 |  |  | — |  |  | — |  |  | 4,433,783 |  |  | 51,805 |
Residential mortgage |  | 279,113 |  |  | 3,085 |  |  | 1,805,059 |  |  | 11,315 |  |  | 2,084,172 |  |  | 14,400 |
Personal |  | 1,116,297 |  |  | 7,003 |  |  | 85,085 |  |  | 2,169 |  |  | 1,201,382 |  |  | 9,172 |
Total |  | 19,826,731 |  |  | 179,129 |  |  | 1,924,256 |  |  | 14,435 |  |  | 21,750,987 |  |  | 193,564 |
Nonspecific allowance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17,195 |
Total |  | $ | 19,826,731 |  |  | $ | 179,129 |  |  | $ | 1,924,256 |  |  | $ | 14,435 |  |  | $ | 21,750,987 |  |  | $ | 210,759 |
The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at December 31, 2018 is as follows (in thousands):
|  | Internally Risk Graded |  | Non-Graded |  | Total
|  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance |  | Recorded Investment |  | Related Allowance
Commercial |  | $ | 13,586,654 |  |  | $ | 101,303 |  |  | $ | 49,424 |  |  | $ | 923 |  |  | $ | 13,636,078 |  |  | $ | 102,226 |
Commercial real estate |  | 4,764,813 |  |  | 60,026 |  |  | — |  |  | — |  |  | 4,764,813 |  |  | 60,026 |
Residential mortgage |  | 505,046 |  |  | 3,310 |  |  | 1,724,987 |  |  | 14,654 |  |  | 2,230,033 |  |  | 17,964 |
Personal |  | 948,890 |  |  | 6,633 |  |  | 76,916 |  |  | 2,840 |  |  | 1,025,806 |  |  | 9,473 |
Total |  | 19,805,403 |  |  | 171,272 |  |  | 1,851,327 |  |  | 18,417 |  |  | 21,656,730 |  |  | 189,689 |
Nonspecific allowance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17,768 |
Total |  | $ | 19,805,403 |  |  | $ | 171,272 |  |  | $ | 1,851,327 |  |  | $ | 18,417 |  |  | $ | 21,656,730 |  |  | $ | 207,457 |
Loans are considered to be performing if they are in compliance with the original terms of the agreement which is consistent with the regulatory guideline of “pass.” Performing also includes loans considered to be “other loans especially mentioned” by regulatory guidelines and all residential mortgage loans guaranteed by agencies of the U.S. government that continue to accrue interest based on criteria of the guarantor's programs. Other loans especially mentioned are currently performing in compliance with the original terms of the agreement but may have a potential weakness that deserves management's close attention, consistent with regulatory guidelines. The risk grading process identified certain loans that have a well-defined weakness (e.g. inadequate debt service coverage or liquidity or marginal capitalization; repayment may depend on collateral or other risk mitigation) that may jeopardize liquidation of the debt and represent a greater risk due to deterioration in the financial condition of the borrower. This is consistent with the regulatory guideline for “substandard.” Because the borrowers are still performing in accordance with the original terms of the loan agreements, these loans were not placed in nonaccruing status. Nonaccruing loans represent loans for which full collection of principal and interest in accordance with the original terms of the loan agreements is uncertain. This is substantially the same criteria used to determine whether a loan is impaired and includes certain loans considered “substandard” and all loans considered “doubtful” by regulatory guidelines. The following table summarizes the Company’s loan portfolio at December 31, 2019 by the risk grade categories (in thousands):
|  | Internally Risk Graded |  | Non-Graded |  |
|  | Performing |  |  |  |  |  |  |  |
|  | Pass |  | Other Loans Especially Mentioned |  | Accruing Substandard |  | Nonaccrual |  | Performing |  | Nonaccrual |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Energy |  | $ | 3,700,406 |  |  | $ | 117,298 |  |  | $ | 63,951 |  |  | $ | 91,722 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,973,377 |
Services |  | 3,050,946 |  |  | 29,943 |  |  | 33,791 |  |  | 7,483 |  |  | — |  |  | — |  |  | 3,122,163 |
Wholesale/retail |  | 1,749,023 |  |  | 5,281 |  |  | 5,399 |  |  | 1,163 |  |  | — |  |  | — |  |  | 1,760,866 |
Manufacturing |  | 623,219 |  |  | 18,214 |  |  | 13,883 |  |  | 10,133 |  |  | — |  |  | — |  |  | 665,449 |
Healthcare |  | 2,995,514 |  |  | 13,117 |  |  | 20,805 |  |  | 4,480 |  |  | — |  |  | — |  |  | 3,033,916 |
Public finance |  | 709,868 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 709,868 |
Other commercial and industrial |  | 709,729 |  |  | 4,028 |  |  | 17,744 |  |  | 398 |  |  | 34,075 |  |  | 37 |  |  | 766,011 |
Total commercial |  | 13,538,705 |  |  | 187,881 |  |  | 155,573 |  |  | 115,379 |  |  | 34,075 |  |  | 37 |  |  | 14,031,650 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development |  | 150,529 |  |  | — |  |  | — |  |  | 350 |  |  | — |  |  | — |  |  | 150,879 |
Retail |  | 743,343 |  |  | 12,067 |  |  | 1,243 |  |  | 18,868 |  |  | — |  |  | — |  |  | 775,521 |
Office |  | 923,202 |  |  | 5,177 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 928,379 |
Multifamily |  | 1,257,005 |  |  | 1,604 |  |  | 95 |  |  | 6,858 |  |  | — |  |  | — |  |  | 1,265,562 |
Industrial |  | 852,539 |  |  | 1,658 |  |  | 1,011 |  |  | 909 |  |  | — |  |  | — |  |  | 856,117 |
Other commercial real estate |  | 455,045 |  |  | 1,639 |  |  | — |  |  | 641 |  |  | — |  |  | — |  |  | 457,325 |
Total commercial real estate |  | 4,381,663 |  |  | 22,145 |  |  | 2,349 |  |  | 27,626 |  |  | — |  |  | — |  |  | 4,433,783 |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage |  | 276,138 |  |  | 78 |  |  | 2,404 |  |  | 493 |  |  | 758,260 |  |  | 19,948 |  |  | 1,057,321 |
Permanent mortgages guaranteed by U.S. government agencies |  | — |  |  | — |  |  | — |  |  | — |  |  | 191,694 |  |  | 6,100 |  |  | 197,794 |
Home equity |  | — |  |  | — |  |  | — |  |  | — |  |  | 817,976 |  |  | 11,081 |  |  | 829,057 |
Total residential mortgage |  | 276,138 |  |  | 78 |  |  | 2,404 |  |  | 493 |  |  | 1,767,930 |  |  | 37,129 |  |  | 2,084,172 |
Personal |  | 1,116,196 |  |  | 45 |  |  | — |  |  | 56 |  |  | 84,853 |  |  | 232 |  |  | 1,201,382 |
Total |  | $ | 19,312,702 |  |  | $ | 210,149 |  |  | $ | 160,326 |  |  | $ | 143,554 |  |  | $ | 1,886,858 |  |  | $ | 37,398 |  |  | $ | 21,750,987 |
The following table summarizes the Company’s loan portfolio at December 31, 2018 by the risk grade categories (in thousands):
|  | Internally Risk Graded |  | Non-Graded |  |
|  | Performing |  |  |  |  |  |  |  |
|  | Pass |  | Other Loans Especially Mentioned |  | Accruing Substandard |  | Nonaccrual |  | Performing |  | Nonaccrual |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Energy |  | $ | 3,414,039 |  |  | $ | 42,176 |  |  | $ | 86,624 |  |  | 47,494 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,590,333 |
Services |  | 3,167,203 |  |  | 49,761 |  |  | 32,661 |  |  | 8,567 |  |  | — |  |  | — |  |  | 3,258,192 |
Wholesale/retail |  | 1,593,902 |  |  | 18,809 |  |  | 7,131 |  |  | 1,316 |  |  | — |  |  | — |  |  | 1,621,158 |
Manufacturing |  | 668,438 |  |  | 30,934 |  |  | 22,230 |  |  | 8,919 |  |  | — |  |  | — |  |  | 730,521 |
Healthcare |  | 2,730,121 |  |  | 14,920 |  |  | 37,698 |  |  | 16,538 |  |  | — |  |  | — |  |  | 2,799,277 |
Public finance |  | 804,550 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 804,550 |
Other commercial and industrial |  | 756,815 |  |  | 1,266 |  |  | 7,588 |  |  | 16,954 |  |  | 49,371 |  |  | 53 |  |  | 832,047 |
Total commercial |  | 13,135,068 |  |  | 157,866 |  |  | 193,932 |  |  | 99,788 |  |  | 49,371 |  |  | 53 |  |  | 13,636,078 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development |  | 148,234 |  |  | — |  |  | — |  |  | 350 |  |  | — |  |  | — |  |  | 148,584 |
Retail |  | 885,588 |  |  | 11,926 |  |  | 1,289 |  |  | 20,279 |  |  | — |  |  | — |  |  | 919,082 |
Office |  | 1,059,334 |  |  | 10,532 |  |  | 3,054 |  |  | — |  |  | — |  |  | — |  |  | 1,072,920 |
Multifamily |  | 1,287,471 |  |  | 281 |  |  | 12 |  |  | 301 |  |  | — |  |  | — |  |  | 1,288,065 |
Industrial |  | 776,898 |  |  | — |  |  | 1,208 |  |  | — |  |  | — |  |  | — |  |  | 778,106 |
Other commercial real estate |  | 555,301 |  |  | 1,188 |  |  | 876 |  |  | 691 |  |  | — |  |  | — |  |  | 558,056 |
Total commercial real estate |  | 4,712,826 |  |  | 23,927 |  |  | 6,439 |  |  | 21,621 |  |  | — |  |  | — |  |  | 4,764,813 |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage |  | 269,678 |  |  | 52 |  |  | 9,730 |  |  | 1,991 |  |  | 819,199 |  |  | 21,960 |  |  | 1,122,610 |
Permanent mortgages guaranteed by U.S. government agencies |  | — |  |  | — |  |  | — |  |  | — |  |  | 183,734 |  |  | 7,132 |  |  | 190,866 |
Home equity |  | 223,298 |  |  | — |  |  | 296 |  |  | — |  |  | 682,491 |  |  | 10,472 |  |  | 916,557 |
Total residential mortgage |  | 492,976 |  |  | 52 |  |  | 10,026 |  |  | 1,991 |  |  | 1,685,424 |  |  | 39,564 |  |  | 2,230,033 |
Personal |  | 944,256 |  |  | 115 |  |  | 4,443 |  |  | 76 |  |  | 76,762 |  |  | 154 |  |  | 1,025,806 |
Total |  | $ | 19,285,126 |  |  | $ | 181,960 |  |  | $ | 214,840 |  |  | 123,476 |  |  | $ | 1,811,557 |  |  | $ | 39,771 |  |  | $ | 21,656,730 |
Summary of Impaired Loans [Table Text Block] |
| As of December 31, 2019 |  | Year Ended
|  |  | Recorded Investment |  |  |  | December 31, 2019
| Unpaid Principal Balance |  | Total |  | With No Allowance |  | With Allowance |  | Related Allowance |  | Average Recorded Investment |  | Interest Income Recognized
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |
Energy | $ | 149,441 |  |  | $ | 91,722 |  |  | $ | 44,244 |  |  | $ | 47,478 |  |  | $ | 16,854 |  |  | $ | 69,119 |  |  | $ | — |
Services | 10,923 |  |  | 7,483 |  |  | 6,301 |  |  | 1,182 |  |  | 240 |  |  | 5,854 |  |  | — |
Wholesale/retail | 1,980 |  |  | 1,163 |  |  | 902 |  |  | 261 |  |  | 101 |  |  | 916 |  |  | — |
Manufacturing | 10,848 |  |  | 10,133 |  |  | 9,914 |  |  | 219 |  |  | 219 |  |  | 9,144 |  |  | — |
Healthcare | 13,774 |  |  | 4,480 |  |  | 4,480 |  |  | — |  |  | — |  |  | 7,798 |  |  | — |
Public finance | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other commercial and industrial | 8,227 |  |  | 435 |  |  | 435 |  |  | — |  |  | — |  |  | 8,568 |  |  | — |
Total commercial | 195,193 |  |  | 115,416 |  |  | 66,276 |  |  | 49,140 |  |  | 17,414 |  |  | 101,399 |  |  | — |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development | 1,306 |  |  | 350 |  |  | 350 |  |  | — |  |  | — |  |  | 350 |  |  | — |
Retail | 20,265 |  |  | 18,868 |  |  | 18,868 |  |  | — |  |  | — |  |  | 19,573 |  |  | — |
Office | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Multifamily | 6,858 |  |  | 6,858 |  |  | 6,858 |  |  | — |  |  | — |  |  | 3,580 |  |  | — |
Industrial | 909 |  |  | 909 |  |  | 909 |  |  | — |  |  | — |  |  | 454 |  |  | — |
Other commercial real estate | 801 |  |  | 641 |  |  | 641 |  |  | — |  |  | — |  |  | 666 |  |  | — |
Total commercial real estate | 30,139 |  |  | 27,626 |  |  | 27,626 |  |  | — |  |  | — |  |  | 24,623 |  |  | — |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage | 24,868 |  |  | 20,441 |  |  | 20,441 |  |  | — |  |  | — |  |  | 22,196 |  |  | 1,198 |
Permanent mortgage guaranteed by U.S. government agencies 1 | 204,187 |  |  | 197,794 |  |  | 197,794 |  |  | — |  |  | — |  |  | 195,009 |  |  | 7,733 |
Home equity | 12,967 |  |  | 11,081 |  |  | 11,081 |  |  | — |  |  | — |  |  | 10,776 |  |  | — |
Total residential mortgage | 242,022 |  |  | 229,316 |  |  | 229,316 |  |  | — |  |  | — |  |  | 227,981 |  |  | 8,931 |
Personal | 360 |  |  | 287 |  |  | 287 |  |  | — |  |  | — |  |  | 259 |  |  | — |
Total | $ | 467,714 |  |  | $ | 372,645 |  |  | $ | 323,505 |  |  | $ | 49,140 |  |  | $ | 17,414 |  |  | $ | 354,262 |  |  | $ | 8,931 |
1 | All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At December 31, 2019, $6.1 million of these loans are nonaccruing and $192 million are accruing based on the guarantee by U.S. government agencies.
Generally, no interest income is recognized on impaired loans until all principal balances, including amounts charged-off, have been recovered.
| As of December 31, 2018 |  | Year Ended
|  |  |  | Recorded Investment |  |  |  | December 31, 2018
|  | Unpaid Principal Balance |  | Total |  | With No Allowance |  | With Allowance |  | Related Allowance |  | Average Recorded Investment |  | Interest Income Recognized
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Energy |  | $ | 79,675 |  |  | $ | 47,494 |  |  | $ | 18,639 |  |  | $ | 28,855 |  |  | $ | 5,362 |  |  | $ | 69,645 |  |  | $ | — |
Services |  | 13,437 |  |  | 8,567 |  |  | 8,489 |  |  | 78 |  |  | 74 |  |  | 4,509 |  |  | — |
Wholesale/retail |  | 1,722 |  |  | 1,316 |  |  | 1,015 |  |  | 301 |  |  | 101 |  |  | 1,784 |  |  | — |
Manufacturing |  | 10,055 |  |  | 8,919 |  |  | 8,673 |  |  | 246 |  |  | 246 |  |  | 7,249 |  |  | — |
Healthcare |  | 24,319 |  |  | 16,538 |  |  | 10,563 |  |  | 5,975 |  |  | 2,949 |  |  | 14,297 |  |  | — |
Public finance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other commercial and industrial |  | 26,955 |  |  | 17,007 |  |  | 17,007 |  |  | — |  |  | — |  |  | 17,976 |  |  | — |
Total commercial |  | 156,163 |  |  | 99,841 |  |  | 64,386 |  |  | 35,455 |  |  | 8,732 |  |  | 115,460 |  |  | — |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development |  | 1,306 |  |  | 350 |  |  | 350 |  |  | — |  |  | — |  |  | 1,091 |  |  | — |
Retail |  | 27,680 |  |  | 20,279 |  |  | 20,279 |  |  | — |  |  | — |  |  | 10,278 |  |  | — |
Office |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 137 |  |  | — |
Multifamily |  | 301 |  |  | 301 |  |  | 301 |  |  | — |  |  | — |  |  | 151 |  |  | — |
Industrial |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other commercial real estate |  | 851 |  |  | 691 |  |  | 691 |  |  | — |  |  | — |  |  | 581 |  |  | — |
Total commercial real estate |  | 30,138 |  |  | 21,621 |  |  | 21,621 |  |  | — |  |  | — |  |  | 12,238 |  |  | — |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage |  | 28,716 |  |  | 23,951 |  |  | 23,951 |  |  | — |  |  | — |  |  | 24,572 |  |  | 1,233 |
Permanent mortgage guaranteed by U.S. government agencies 1 |  | 196,296 |  |  | 190,866 |  |  | 190,866 |  |  | — |  |  | — |  |  | 180,813 |  |  | 7,172 |
Home equity |  | 12,196 |  |  | 10,472 |  |  | 10,472 |  |  | — |  |  | — |  |  | 11,774 |  |  | — |
Total residential mortgage |  | 237,208 |  |  | 225,289 |  |  | 225,289 |  |  | — |  |  | — |  |  | 217,159 |  |  | 8,405 |
Personal |  | 278 |  |  | 230 |  |  | 230 |  |  | — |  |  | — |  |  | 250 |  |  | — |
Total |  | $ | 423,787 |  |  | $ | 346,981 |  |  | $ | 311,526 |  |  | $ | 35,455 |  |  | $ | 8,732 |  |  | $ | 345,107 |  |  | $ | 8,405 |
1 | All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At December 31, 2018, $7.1 million of these loans are nonaccruing and $184 million are accruing based on the guarantee by U.S. government agencies.
Summary of Loans by Aging Status [Table Text Block] | A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of December 31, 2019 is as follows (in thousands):
|  |  |  | Past Due |  |  |  |
|  | Current |  | 30 to 59 Days |  | 60 to 89 Days |  | 90 Days or More |  | Nonaccrual |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |
Energy |  | $ | 3,881,244 |  |  | $ | 401 |  |  | 10 |  |  | $ | — |  |  | $ | 91,722 |  |  | $ | 3,973,377 |
Services |  | 3,105,621 |  |  | 1,737 |  |  | 523 |  |  | 6,799 |  |  | 7,483 |  |  | 3,122,163 |
Wholesale/retail |  | 1,758,878 |  |  | 712 |  |  | 113 |  |  | — |  |  | 1,163 |  |  | 1,760,866 |
Manufacturing |  | 654,329 |  |  | 410 |  |  | 190 |  |  | 387 |  |  | 10,133 |  |  | 665,449 |
Healthcare |  | 3,027,329 |  |  | 2,039 |  |  | — |  |  | 68 |  |  | 4,480 |  |  | 3,033,916 |
Public finance |  | 707,638 |  |  | 2,230 |  |  | — |  |  | — |  |  | — |  |  | 709,868 |
Other commercial and industrial |  | 764,390 |  |  | 414 |  |  | 772 |  |  | — |  |  | 435 |  |  | 766,011 |
Total commercial |  | 13,899,429 |  |  | 7,943 |  |  | 1,608 |  |  | 7,254 |  |  | 115,416 |  |  | 14,031,650 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development |  | 147,379 |  |  | 3,093 |  |  | — |  |  | 57 |  |  | 350 |  |  | 150,879 |
Retail |  | 756,653 |  |  | — |  |  | — |  |  | — |  |  | 18,868 |  |  | 775,521 |
Office |  | 928,379 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 928,379 |
Multifamily |  | 1,258,704 |  |  | — |  |  | — |  |  | — |  |  | 6,858 |  |  | 1,265,562 |
Industrial |  | 855,208 |  |  | — |  |  | — |  |  | — |  |  | 909 |  |  | 856,117 |
Other commercial real estate |  | 454,253 |  |  | 1,827 |  |  | 250 |  |  | 354 |  |  | 641 |  |  | 457,325 |
Total commercial real estate |  | 4,400,576 |  |  | 4,920 |  |  | 250 |  |  | 411 |  |  | 27,626 |  |  | 4,433,783 |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage |  | 1,034,716 |  |  | 2,011 |  |  | 153 |  |  | — |  |  | 20,441 |  |  | 1,057,321 |
Permanent mortgages guaranteed by U.S. government agencies |  | 46,898 |  |  | 24,203 |  |  | 18,187 |  |  | 102,406 |  |  | 6,100 |  |  | 197,794 |
Home equity |  | 814,325 |  |  | 3,343 |  |  | 308 |  |  | — |  |  | 11,081 |  |  | 829,057 |
Total residential mortgage |  | 1,895,939 |  |  | 29,557 |  |  | 18,648 |  |  | 102,406 |  |  | 37,622 |  |  | 2,084,172 |
Personal |  | 1,196,362 |  |  | 4,664 |  |  | 54 |  |  | 15 |  |  | 287 |  |  | 1,201,382 |
Total |  | $ | 21,392,306 |  |  | $ | 47,084 |  |  | 20,560 |  |  | $ | 110,086 |  |  | $ | 180,951 |  |  | $ | 21,750,987 |
A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of December 31, 2018 is as follows (in thousands):
|  |  |  | Past Due |  |  |  |
|  | Current |  | 30 to 59 Days |  | 60 to 89 Days |  | 90 Days or More |  | Nonaccrual |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |
Energy |  | $ | 3,542,839 |  |  | $ | — |  |  | — |  |  | $ | — |  |  | $ | 47,494 |  |  | $ | 3,590,333 |
Services |  | 3,237,578 |  |  | 6,009 |  |  | 6,038 |  |  | — |  |  | 8,567 |  |  | 3,258,192 |
Wholesale/retail |  | 1,619,290 |  |  | 515 |  |  | 37 |  |  | — |  |  | 1,316 |  |  | 1,621,158 |
Manufacturing |  | 721,204 |  |  | 392 |  |  | 6 |  |  | — |  |  | 8,919 |  |  | 730,521 |
Healthcare |  | 2,781,944 |  |  | 241 |  |  | — |  |  | 554 |  |  | 16,538 |  |  | 2,799,277 |
Public finance |  | 804,550 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 804,550 |
Other commercial and industrial |  | 814,489 |  |  | 518 |  |  | 25 |  |  | 8 |  |  | 17,007 |  |  | 832,047 |
Total commercial |  | 13,521,894 |  |  | 7,675 |  |  | 6,106 |  |  | 562 |  |  | 99,841 |  |  | 13,636,078 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential construction and land development |  | 147,705 |  |  | 249 |  |  | 280 |  |  | — |  |  | 350 |  |  | 148,584 |
Retail |  | 884,424 |  |  | 14,379 |  |  | — |  |  | — |  |  | 20,279 |  |  | 919,082 |
Office |  | 1,072,920 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,072,920 |
Multifamily |  | 1,287,483 |  |  | 281 |  |  | — |  |  | — |  |  | 301 |  |  | 1,288,065 |
Industrial |  | 776,898 |  |  | 1,208 |  |  | — |  |  | — |  |  | — |  |  | 778,106 |
Other commercial real estate |  | 556,239 |  |  | 412 |  |  | — |  |  | 714 |  |  | 691 |  |  | 558,056 |
Total commercial real estate |  | 4,725,669 |  |  | 16,529 |  |  | 280 |  |  | 714 |  |  | 21,621 |  |  | 4,764,813 |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Permanent mortgage |  | 1,095,097 |  |  | 3,196 |  |  | 366 |  |  | — |  |  | 23,951 |  |  | 1,122,610 |
Permanent mortgages guaranteed by U.S. government agencies |  | 37,459 |  |  | 24,369 |  |  | 16,345 |  |  | 105,561 |  |  | 7,132 |  |  | 190,866 |
Home equity |  | 904,572 |  |  | 1,102 |  |  | 352 |  |  | 59 |  |  | 10,472 |  |  | 916,557 |
Total residential mortgage |  | 2,037,128 |  |  | 28,667 |  |  | 17,063 |  |  | 105,620 |  |  | 41,555 |  |  | 2,230,033 |
Personal |  | 1,024,298 |  |  | 479 |  |  | 796 |  |  | 3 |  |  | 230 |  |  | 1,025,806 |
Total |  | $ | 21,308,989 |  |  | $ | 53,350 |  |  | 24,245 |  |  | $ | 106,899 |  |  | $ | 163,247 |  |  | $ | 21,656,730 |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=118955255&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration