XML 33 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Loans Receivable, Net | 9 Months Ended
--- | ---
Sep. 30, 2013
Receivables [Abstract] |
Loans Receivable, Net | Note 3. Loans Receivable, Net The following schedules summarize the activity in the ALLL on a portfolio class basis:
| Three Months ended September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Allowance for loan and lease losses |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 130,883 |  |  | 14,797 |  |  | 73,885 |  |  | 24,116 |  |  | 9,626 |  |  | 8,459 |
Provision for loan losses | 1,907 |  |  | 950 |  |  | 381 |  |  | 385 |  |  | 125 |  |  | 66 |
Charge-offs | (3,077 | ) |  | (42 | ) |  | (1,235 | ) |  | (1,065 | ) |  | (333 | ) |  | (402 | )
Recoveries | 1,052 |  |  | 45 |  |  | 367 |  |  | 385 |  |  | 73 |  |  | 182 |
Balance at end of period | $ | 130,765 |  |  | 15,750 |  |  | 73,398 |  |  | 23,821 |  |  | 9,491 |  |  | 8,305 |
| Three Months ended September 30, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Allowance for loan and lease losses |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 137,459 |  |  | 18,139 |  |  | 79,098 |  |  | 20,570 |  |  | 10,904 |  |  | 8,748 |
Provision for loan losses | 2,700 |  |  | 209 |  |  | (1,210 | ) |  | 2,859 |  |  | (555 | ) |  | 1,397 |
Charge-offs | (5,052 | ) |  | (1,172 | ) |  | (586 | ) |  | (1,441 | ) |  | (1,044 | ) |  | (809 | )
Recoveries | 1,553 |  |  | 73 |  |  | 453 |  |  | 241 |  |  | 679 |  |  | 107 |
Balance at end of period | $ | 136,660 |  |  | 17,249 |  |  | 77,755 |  |  | 22,229 |  |  | 9,984 |  |  | 9,443 |
| Nine Months ended September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Allowance for loan and lease losses |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 130,854 |  |  | 15,482 |  |  | 74,398 |  |  | 21,567 |  |  | 10,659 |  |  | 8,748 |
Provision for loan losses | 5,085 |  |  | 464 |  |  | (51 | ) |  | 3,964 |  |  | 566 |  |  | 142 |
Charge-offs | (8,962 | ) |  | (391 | ) |  | (2,538 | ) |  | (2,817 | ) |  | (1,962 | ) |  | (1,254 | )
Recoveries | 3,788 |  |  | 195 |  |  | 1,589 |  |  | 1,107 |  |  | 228 |  |  | 669 |
Balance at end of period | $ | 130,765 |  |  | 15,750 |  |  | 73,398 |  |  | 23,821 |  |  | 9,491 |  |  | 8,305 |
| Nine Months ended September 30, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Allowance for loan and lease losses |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 137,516 |  |  | 17,227 |  |  | 76,920 |  |  | 20,833 |  |  | 13,616 |  |  | 8,920 |
Provision for loan losses | 19,250 |  |  | 2,294 |  |  | 11,800 |  |  | 4,163 |  |  | (1,025 | ) |  | 2,018 |
Charge-offs | (24,789 | ) |  | (2,492 | ) |  | (13,120 | ) |  | (3,797 | ) |  | (3,402 | ) |  | (1,978 | )
Recoveries | 4,683 |  |  | 220 |  |  | 2,155 |  |  | 1,030 |  |  | 795 |  |  | 483 |
Balance at end of period | $ | 136,660 |  |  | 17,249 |  |  | 77,755 |  |  | 22,229 |  |  | 9,984 |  |  | 9,443 |
The following schedules disclose the ALLL and loans receivable on a portfolio class basis:
| September 30, 2013
(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 | $ | 12,728 |  |  | 1,088 |  |  | 6,662 |  |  | 3,810 |  |  | 109 |  |  | 1,059 |
Collectively evaluated for impairment | 118,037 |  |  | 14,662 |  |  | 66,736 |  |  | 20,011 |  |  | 9,382 |  |  | 7,246 |
Total allowance for loan and lease losses | $ | 130,765 |  |  | 15,750 |  |  | 73,398 |  |  | 23,821 |  |  | 9,491 |  |  | 8,305 |
Loans receivable |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 206,918 |  |  | 27,104 |  |  | 125,566 |  |  | 38,390 |  |  | 10,091 |  |  | 5,767 |
Collectively evaluated for impairment | 3,794,181 |  |  | 556,713 |  |  | 1,868,492 |  |  | 795,839 |  |  | 363,421 |  |  | 209,716 |
Total loans receivable | $ | 4,001,099 |  |  | 583,817 |  |  | 1,994,058 |  |  | 834,229 |  |  | 373,512 |  |  | 215,483 |
| December 31, 2012
(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 | $ | 15,534 |  |  | 1,680 |  |  | 7,716 |  |  | 3,859 |  |  | 870 |  |  | 1,409 |
Collectively evaluated for impairment | 115,320 |  |  | 13,802 |  |  | 66,682 |  |  | 17,708 |  |  | 9,789 |  |  | 7,339 |
Total allowance for loan and lease losses | $ | 130,854 |  |  | 15,482 |  |  | 74,398 |  |  | 21,567 |  |  | 10,659 |  |  | 8,748 |
Loans receivable |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 201,735 |  |  | 25,862 |  |  | 125,282 |  |  | 33,593 |  |  | 11,074 |  |  | 5,924 |
Collectively evaluated for impairment | 3,195,690 |  |  | 490,605 |  |  | 1,530,226 |  |  | 589,804 |  |  | 392,851 |  |  | 192,204 |
Total loans receivable | $ | 3,397,425 |  |  | 516,467 |  |  | 1,655,508 |  |  | 623,397 |  |  | 403,925 |  |  | 198,128 |
Substantially all of the Company’s loan receivables are with customers in the Company’s geographic market areas. Although the Company has a diversified loan portfolio, a substantial portion of its customers’ ability to honor their obligations is dependent upon the economic performance in the Company’s market areas. Net deferred fees, costs, premiums, and discounts of $10,870,000 and $1,379,000 were included in the loans receivable balance at September 30, 2013 and December 31, 2012, respectively. The following schedules disclose the impaired loans by portfolio class basis:
| At or for the Three or Nine Months ended September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Loans with a specific valuation allowance |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 62,614 |  |  | 7,887 |  |  | 28,194 |  |  | 22,368 |  |  | 673 |  |  | 3,492 |
Unpaid principal balance | 64,969 |  |  | 8,032 |  |  | 29,463 |  |  | 22,986 |  |  | 717 |  |  | 3,771 |
Specific valuation allowance | 12,728 |  |  | 1,088 |  |  | 6,662 |  |  | 3,810 |  |  | 109 |  |  | 1,059 |
Average balance - three months | 59,817 |  |  | 7,431 |  |  | 26,525 |  |  | 21,780 |  |  | 495 |  |  | 3,586 |
Average balance - nine months | 59,402 |  |  | 7,237 |  |  | 26,653 |  |  | 21,321 |  |  | 737 |  |  | 3,454 |
Loans without a specific valuation allowance |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 144,304 |  |  | 19,217 |  |  | 97,372 |  |  | 16,022 |  |  | 9,418 |  |  | 2,275 |
Unpaid principal balance | 174,258 |  |  | 20,681 |  |  | 120,914 |  |  | 19,233 |  |  | 11,026 |  |  | 2,404 |
Average balance - three months | 139,928 |  |  | 18,481 |  |  | 95,175 |  |  | 15,768 |  |  | 8,766 |  |  | 1,738 |
Average balance - nine months | 139,368 |  |  | 18,420 |  |  | 95,857 |  |  | 14,011 |  |  | 9,017 |  |  | 2,063 |
Totals |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 206,918 |  |  | 27,104 |  |  | 125,566 |  |  | 38,390 |  |  | 10,091 |  |  | 5,767 |
Unpaid principal balance | 239,227 |  |  | 28,713 |  |  | 150,377 |  |  | 42,219 |  |  | 11,743 |  |  | 6,175 |
Specific valuation allowance | 12,728 |  |  | 1,088 |  |  | 6,662 |  |  | 3,810 |  |  | 109 |  |  | 1,059 |
Average balance - three months | 199,745 |  |  | 25,912 |  |  | 121,700 |  |  | 37,548 |  |  | 9,261 |  |  | 5,324 |
Average balance - nine months | 198,770 |  |  | 25,657 |  |  | 122,510 |  |  | 35,332 |  |  | 9,754 |  |  | 5,517 |
| At or for the Year ended December 31, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Loans with a specific valuation allowance |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 62,759 |  |  | 7,334 |  |  | 29,595 |  |  | 21,205 |  |  | 1,354 |  |  | 3,271 |
Unpaid principal balance | 70,261 |  |  | 7,459 |  |  | 36,887 |  |  | 21,278 |  |  | 1,362 |  |  | 3,275 |
Specific valuation allowance | 15,534 |  |  | 1,680 |  |  | 7,716 |  |  | 3,859 |  |  | 870 |  |  | 1,409 |
Average balance | 76,656 |  |  | 12,797 |  |  | 36,164 |  |  | 22,665 |  |  | 1,390 |  |  | 3,640 |
Loans without a specific valuation allowance |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 138,976 |  |  | 18,528 |  |  | 95,687 |  |  | 12,388 |  |  | 9,720 |  |  | 2,653 |
Unpaid principal balance | 149,412 |  |  | 19,613 |  |  | 102,798 |  |  | 14,318 |  |  | 9,965 |  |  | 2,718 |
Average balance | 162,505 |  |  | 16,034 |  |  | 111,554 |  |  | 19,733 |  |  | 11,993 |  |  | 3,191 |
Totals |  |  |  |  |  |  |  |  |  |  |
Recorded balance | $ | 201,735 |  |  | 25,862 |  |  | 125,282 |  |  | 33,593 |  |  | 11,074 |  |  | 5,924 |
Unpaid principal balance | 219,673 |  |  | 27,072 |  |  | 139,685 |  |  | 35,596 |  |  | 11,327 |  |  | 5,993 |
Specific valuation allowance | 15,534 |  |  | 1,680 |  |  | 7,716 |  |  | 3,859 |  |  | 870 |  |  | 1,409 |
Average balance | 239,161 |  |  | 28,831 |  |  | 147,718 |  |  | 42,398 |  |  | 13,383 |  |  | 6,831 |
Interest income recognized on impaired loans for the periods ended September 30, 2013 and December 31, 2012 was not significant. The following is a loans receivable aging analysis on a portfolio class basis:
| September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Accruing loans 30-59 days past due | $ | 21,294 |  |  | 516 |  |  | 11,829 |  |  | 5,854 |  |  | 1,828 |  |  | 1,267 |
Accruing loans 60-89 days past due | 5,107 |  |  | 824 |  |  | 2,419 |  |  | 683 |  |  | 797 |  |  | 384 |
Accruing loans 90 days or more past due | 174 |  |  | — |  |  | 109 |  |  | 35 |  |  | 28 |  |  | 2 |
Non-accrual loans | 88,293 |  |  | 12,604 |  |  | 53,536 |  |  | 11,591 |  |  | 8,953 |  |  | 1,609 |
Total past due and non-accrual loans | 114,868 |  |  | 13,944 |  |  | 67,893 |  |  | 18,163 |  |  | 11,606 |  |  | 3,262 |
Current loans receivable | 3,886,231 |  |  | 569,873 |  |  | 1,926,165 |  |  | 816,066 |  |  | 361,906 |  |  | 212,221 |
Total loans receivable | $ | 4,001,099 |  |  | 583,817 |  |  | 1,994,058 |  |  | 834,229 |  |  | 373,512 |  |  | 215,483 |
| December 31, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Accruing loans 30-59 days past due | $ | 17,454 |  |  | 3,897 |  |  | 7,424 |  |  | 2,020 |  |  | 2,872 |  |  | 1,241 |
Accruing loans 60-89 days past due | 9,643 |  |  | 1,870 |  |  | 3,745 |  |  | 645 |  |  | 2,980 |  |  | 403 |
Accruing loans 90 days or more past due | 1,479 |  |  | 451 |  |  | 594 |  |  | 197 |  |  | 188 |  |  | 49 |
Non-accrual loans | 96,933 |  |  | 14,237 |  |  | 55,687 |  |  | 13,200 |  |  | 11,241 |  |  | 2,568 |
Total past due and non-accrual loans | 125,509 |  |  | 20,455 |  |  | 67,450 |  |  | 16,062 |  |  | 17,281 |  |  | 4,261 |
Current loans receivable | 3,271,916 |  |  | 496,012 |  |  | 1,588,058 |  |  | 607,335 |  |  | 386,644 |  |  | 193,867 |
Total loans receivable | $ | 3,397,425 |  |  | 516,467 |  |  | 1,655,508 |  |  | 623,397 |  |  | 403,925 |  |  | 198,128 |
The following is a summary of the TDRs that occurred during the periods presented and the TDRs that occurred within the previous twelve months that subsequently defaulted during the periods presented on a portfolio class basis:
| Three Months ended September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Troubled debt restructurings |  |  |  |  |  |  |  |  |  |  |
Number of loans | 9 |  |  | 2 |  |  | 4 |  |  | — |  |  | 1 |  |  | 2 |
Pre-modification recorded balance | $ | 2,926 |  |  | 284 |  |  | 2,481 |  |  | — |  |  | 57 |  |  | 104 |
Post-modification recorded balance | $ | 3,141 |  |  | 499 |  |  | 2,481 |  |  | — |  |  | 57 |  |  | 104 |
Troubled debt restructurings that subsequently defaulted |  |  |  |  |  |  |  |  |  |  |
Number of loans | 2 |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  | — |
Recorded balance | $ | 363 |  |  | — |  |  | — |  |  | 363 |  |  | — |  |  | — |
| Three Months ended September 30, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Troubled debt restructurings |  |  |  |  |  |  |  |  |  |  |
Number of loans | 46 |  |  | 1 |  |  | 21 |  |  | 19 |  |  | 2 |  |  | 3 |
Pre-modification recorded balance | $ | 38,125 |  |  | 280 |  |  | 20,866 |  |  | 16,601 |  |  | 219 |  |  | 159 |
Post-modification recorded balance | $ | 35,475 |  |  | 281 |  |  | 18,242 |  |  | 16,571 |  |  | 222 |  |  | 159 |
Troubled debt restructurings that subsequently defaulted |  |  |  |  |  |  |  |  |  |  |
Number of loans | 3 |  |  | 2 |  |  | — |  |  | — |  |  | 1 |  |  | — |
Recorded balance | $ | 1,792 |  |  | 1,622 |  |  | — |  |  | — |  |  | 170 |  |  | — |
| Nine Months ended September 30, 2013
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Troubled debt restructurings |  |  |  |  |  |  |  |  |  |  |
Number of loans | 50 |  |  | 9 |  |  | 17 |  |  | 17 |  |  | 2 |  |  | 5 |
Pre-modification recorded balance | $ | 12,016 |  |  | 1,907 |  |  | 7,137 |  |  | 2,572 |  |  | 147 |  |  | 253 |
Post-modification recorded balance | $ | 12,418 |  |  | 2,293 |  |  | 7,137 |  |  | 2,588 |  |  | 147 |  |  | 253 |
Troubled debt restructurings that subsequently defaulted |  |  |  |  |  |  |  |  |  |  |
Number of loans | 10 |  |  | 1 |  |  | 4 |  |  | 5 |  |  | — |  |  | — |
Recorded balance | $ | 2,772 |  |  | 265 |  |  | 1,918 |  |  | 589 |  |  | — |  |  | — |
| Nine Months ended September 30, 2012
(Dollars in thousands) | Total |  | Residential Real Estate |  | Commercial Real Estate |  | Other Commercial |  | Home Equity |  | Other Consumer
Troubled debt restructurings |  |  |  |  |  |  |  |  |  |  |
Number of loans | 149 |  |  | 9 |  |  | 61 |  |  | 60 |  |  | 9 |  |  | 10 |
Pre-modification recorded balance | $ | 66,580 |  |  | 1,981 |  |  | 37,712 |  |  | 25,033 |  |  | 1,314 |  |  | 540 |
Post-modification recorded balance | $ | 61,944 |  |  | 1,982 |  |  | 33,080 |  |  | 25,025 |  |  | 1,317 |  |  | 540 |
Troubled debt restructurings that subsequently defaulted |  |  |  |  |  |  |  |  |  |  |
Number of loans | 17 |  |  | 2 |  |  | 10 |  |  | 3 |  |  | 1 |  |  | 1 |
Recorded balance | $ | 10,204 |  |  | 1,622 |  |  | 7,553 |  |  | 801 |  |  | 170 |  |  | 58 |
For the nine months ended September 30, 2013 and 2012, the majority of TDRs occurring in most loan classes was a result of an extension of the maturity date which aggregated 59 percent and 56 percent, respectively, of total TDRs. For commercial real estate, the class with the largest dollar amount of TDRs, approximately 63 percent and 44 percent, respectively, was a result of an extension of the maturity date and 25 percent and 24 percent, respectively, was due to a combination of an interest rate reduction, extension of the maturity date, or reduction in the face amount. In addition to the TDRs that occurred during the period provided in the preceding table, the Company had TDRs with pre-modification loan balances of $14,695,000 and $30,261,000 for the nine months ended September 30, 2013 and 2012, respectively, for which other real estate owned (“OREO”) was received in full or partial satisfaction of the loans. The majority of such TDRs for both periods was in commercial real estate.

X
- Definition The entire disclosure for financing receivables. Examples of financing receivables include, but are not limited to, loans, trade accounts receivables, notes receivable, credit cards, and receivables relating to a lessor's right(s) to payment(s) from a lease other than an operating lease that is recognized as assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953791-111525 + Details
Name: | us-gaap_FinancingReceivablesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration