XML 50 R35.htm IDEA: XBRL DOCUMENT
v3.20.4

Loans and Allowance for Credit Losses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Accounts Notes And Loans Receivable [Line Items] |
Loans, Net of Unearned Income | The following table presents loans, net of unearned income, by portfolio class at December 31, 2020 and 2019:
(in thousands) |  | 2020 |  |  | 2019 |
Commercial non-real estate |  | $ |  | 9,986,983 |  |  | $ |  | 9,166,947 |
Commercial real estate - owner occupied |  |  |  | 2,857,445 |  |  |  |  | 2,738,460 |
Total commercial and industrial |  |  |  | 12,844,428 |  |  |  |  | 11,905,407 |
Commercial real estate - income producing |  |  |  | 3,357,939 |  |  |  |  | 2,994,448 |
Construction and land development |  |  |  | 1,065,057 |  |  |  |  | 1,157,451 |
Residential mortgages |  |  |  | 2,665,212 |  |  |  |  | 2,990,631 |
Consumer |  |  |  | 1,857,295 |  |  |  |  | 2,164,818 |
Total loans |  | $ |  | 21,789,931 |  |  | $ |  | 21,212,755 |
Allowance for Credit Losses by Portfolio Class | The following schedules show activity in the allowance for credit losses by portfolio class for the years ended December 31, 2020 and 2019, as well as the corresponding recorded investment in loans at December 31, 2020 and 2019. Effective January 1, 2020, the Company adopted the provisions of ASC 326 (CECL) using a modified retrospective basis. The difference between the December 31, 2019 incurred allowance and the CECL allowance is reflected as a cumulative effect of change in accounting principle in the table below. For further discussion of the day one impact of the CECL adoption, refer to Note 1 – Summary of Significant Accounting Policies and Recent Accounting Pronouncements.
|  | Commercial Non-Real Estate |  |  | Commercial Real Estate- Owner Occupied |  |  | Total Commercial and Industrial |  |  | Commercial Real Estate- Income Producing |  |  | Construction and Land Development |  |  | Residential Mortgages |  |  | Consumer |  |  | Total |
(in thousands) |  | Year Ended December 31, 2020 |
Allowance for credit losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ |  | 106,432 |  |  | $ |  | 10,977 |  |  | $ |  | 117,409 |  |  | $ |  | 20,869 |  |  | $ |  | 9,350 |  |  | $ |  | 20,331 |  |  | $ |  | 23,292 |  |  | $ |  | 191,251 |
Cumulative effect of change in accounting principle |  |  |  | (244 | ) |  |  |  | 14,877 |  |  |  |  | 14,633 |  |  |  |  | 7,287 |  |  |  |  | 7,478 |  |  |  |  | 12,921 |  |  |  |  | 7,092 |  |  |  |  | 49,411 |
Charge-offs |  |  |  | (387,172 | ) |  |  |  | (1,828 | ) |  |  |  | (389,000 | ) |  |  |  | (2,512 | ) |  |  |  | (400 | ) |  |  |  | (326 | ) |  |  |  | (17,219 | ) |  |  |  | (409,457 | )
Recoveries |  |  |  | 6,032 |  |  |  |  | 763 |  |  |  |  | 6,795 |  |  |  |  | 46 |  |  |  |  | 846 |  |  |  |  | 1,400 |  |  |  |  | 5,584 |  |  |  |  | 14,671 |
Net provision for loan losses |  |  |  | 424,645 |  |  |  |  | 44,345 |  |  |  |  | 468,990 |  |  |  |  | 83,784 |  |  |  |  | 9,188 |  |  |  |  | 14,516 |  |  |  |  | 27,823 |  |  |  |  | 604,301 |
Ending balance - allowance for loan losses |  | $ |  | 149,693 |  |  | $ |  | 69,134 |  |  | $ |  | 218,827 |  |  | $ |  | 109,474 |  |  | $ |  | 26,462 |  |  | $ |  | 48,842 |  |  | $ |  | 46,572 |  |  | $ |  | 450,177 |
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ |  | 3,974 |  |  | $ |  | — |  |  | $ |  | 3,974 |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | 3,974 |
Cumulative effect of change in accounting principle |  |  |  | 5,772 |  |  |  |  | 288 |  |  |  |  | 6,060 |  |  |  |  | 449 |  |  |  |  | 15,658 |  |  |  |  | 17 |  |  |  |  | 5,146 |  |  |  |  | 27,330 |
Provision for losses on unfunded commitments |  |  |  | (5,217 | ) |  |  |  | 93 |  |  |  |  | (5,124 | ) |  |  |  | 650 |  |  |  |  | 7,036 |  |  |  |  | 2 |  |  |  |  | (3,961 | ) |  |  |  | (1,397 | )
Ending balance - reserve for unfunded lending commitments |  | $ |  | 4,529 |  |  | $ |  | 381 |  |  | $ |  | 4,910 |  |  | $ |  | 1,099 |  |  | $ |  | 22,694 |  |  | $ |  | 19 |  |  | $ |  | 1,185 |  |  | $ |  | 29,907 |
Total allowance for credit losses |  | $ |  | 154,222 |  |  | $ |  | 69,515 |  |  | $ |  | 223,737 |  |  | $ |  | 110,573 |  |  | $ |  | 49,156 |  |  | $ |  | 48,861 |  |  | $ |  | 47,757 |  |  | $ |  | 480,084 |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated |  | $ |  | 11,517 |  |  | $ |  | 1,236 |  |  | $ |  | 12,753 |  |  | $ |  | 44 |  |  | $ |  | 22 |  |  | $ |  | 546 |  |  | $ |  | 515 |  |  | $ |  | 13,880 |
Collectively evaluated |  |  |  | 138,176 |  |  |  |  | 67,898 |  |  |  |  | 206,074 |  |  |  |  | 109,430 |  |  |  |  | 26,440 |  |  |  |  | 48,296 |  |  |  |  | 46,057 |  |  |  |  | 436,297 |
Allowance for loan losses |  | $ |  | 149,693 |  |  | $ |  | 69,134 |  |  | $ |  | 218,827 |  |  | $ |  | 109,474 |  |  | $ |  | 26,462 |  |  | $ |  | 48,842 |  |  | $ |  | 46,572 |  |  | $ |  | 450,177 |
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated |  | $ |  | 241 |  |  | $ |  | — |  |  | $ |  | 241 |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | 241 |
Collectively evaluated |  |  |  | 4,288 |  |  |  |  | 381 |  |  |  |  | 4,669 |  |  |  |  | 1,099 |  |  |  |  | 22,694 |  |  |  |  | 19 |  |  |  |  | 1,185 |  |  |  |  | 29,666 |
Reserve for unfunded lending commitments: |  | $ |  | 4,529 |  |  | $ |  | 381 |  |  | $ |  | 4,910 |  |  | $ |  | 1,099 |  |  | $ |  | 22,694 |  |  | $ |  | 19 |  |  | $ |  | 1,185 |  |  | $ |  | 29,907 |
Total allowance for credit losses |  | $ |  | 154,222 |  |  | $ |  | 69,515 |  |  | $ |  | 223,737 |  |  | $ |  | 110,573 |  |  | $ |  | 49,156 |  |  | $ |  | 48,861 |  |  | $ |  | 47,757 |  |  | $ |  | 480,084 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ |  | 43,775 |  |  | $ |  | 10,206 |  |  | $ |  | 53,981 |  |  | $ |  | 4,542 |  |  | $ |  | 1,250 |  |  | $ |  | 5,850 |  |  | $ |  | 2,521 |  |  | $ |  | 68,144 |
Collectively evaluated for impairment |  |  |  | 9,943,208 |  |  |  |  | 2,847,239 |  |  |  |  | 12,790,447 |  |  |  |  | 3,353,397 |  |  |  |  | 1,063,807 |  |  |  |  | 2,659,362 |  |  |  |  | 1,854,774 |  |  |  |  | 21,721,787 |
Total loans |  | $ |  | 9,986,983 |  |  | $ |  | 2,857,445 |  |  | $ |  | 12,844,428 |  |  | $ |  | 3,357,939 |  |  | $ |  | 1,065,057 |  |  | $ |  | 2,665,212 |  |  | $ |  | 1,857,295 |  |  | $ |  | 21,789,931 |
|  | Commercial Non-Real Estate |  | Commercial Real Estate- Owner Occupied |  | Total Commercial and Industrial |  | Commercial Real Estate- Income Producing |  | Construction and Land Development |  | Residential Mortgages |  | Consumer |  | Total
(in thousands) |  | Year Ended December 31, 2019
Allowance for credit losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 97,752 |  | $ | 13,757 |  | $ | 111,509 |  | $ | 17,638 |  | $ | 15,647 |  | $ | 23,782 |  | $ | 25,938 |  | $ | 194,514
Charge-offs |  |  | (39,600) |  |  | (137) |  |  | (39,737) |  |  | (32) |  |  | (7) |  |  | (846) |  |  | (18,455) |  |  | (59,077)
Recoveries |  |  | 6,940 |  |  | 306 |  |  | 7,246 |  |  | 569 |  |  | 140 |  |  | 480 |  |  | 3,645 |  |  | 12,080
Net provision for loan losses |  |  | 41,340 |  |  | (2,949) |  |  | 38,391 |  |  | 2,694 |  |  | (6,430) |  |  | (3,085) |  |  | 12,164 |  |  | 43,734
Ending balance - allowance for loan losses |  | $ | 106,432 |  | $ | 10,977 |  | $ | 117,409 |  | $ | 20,869 |  | $ | 9,350 |  | $ | 20,331 |  | $ | 23,292 |  | $ | 191,251
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | —
Provision for losses on unfunded commitments |  |  | 3,974 |  |  | — |  |  | 3,974 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,974
Ending balance - reserve for unfunded lending commitments |  | $ | 3,974 |  | $ | — |  | $ | 3,974 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 3,974
Total allowance for credit losses |  | $ | 110,406 |  | $ | 10,977 |  | $ | 121,383 |  | $ | 20,869 |  | $ | 9,350 |  | $ | 20,331 |  | $ | 23,292 |  | $ | 195,225
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 21,733 |  | $ | 104 |  | $ | 21,837 |  | $ | 18 |  | $ | 21 |  | $ | 217 |  | $ | 292 |  | $ | 22,385
Amounts related to purchased credit impaired loans |  |  | 164 |  |  | 169 |  |  | 333 |  |  | 39 |  |  | 136 |  |  | 7,474 |  |  | 275 |  |  | 8,257
Collectively evaluated for impairment |  |  | 84,535 |  |  | 10,704 |  |  | 95,239 |  |  | 20,812 |  |  | 9,193 |  |  | 12,640 |  |  | 22,725 |  |  | 160,609
Allowance for loan losses |  | $ | 106,432 |  | $ | 10,977 |  | $ | 117,409 |  | $ | 20,869 |  | $ | 9,350 |  | $ | 20,331 |  | $ | 23,292 |  | $ | 191,251
Reserve for unfunded lending commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 3,974 |  | $ | — |  | $ | 3,974 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 3,974
Total allowance for credit losses |  | $ | 110,406 |  | $ | 10,977 |  | $ | 121,383 |  | $ | 20,869 |  | $ | 9,350 |  | $ | 20,331 |  | $ | 23,292 |  | $ | 195,225
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 232,438 |  | $ | 4,381 |  | $ | 236,819 |  | $ | 1,898 |  | $ | 277 |  | $ | 5,174 |  | $ | 1,483 |  | $ | 245,651
Purchased credit impaired loans |  |  | 31,073 |  |  | 36,200 |  |  | 67,273 |  |  | 35,353 |  |  | 20,516 |  |  | 86,757 |  |  | 5,346 |  |  | 215,245
Collectively evaluated for impairment |  |  | 8,903,436 |  |  | 2,697,879 |  |  | 11,601,315 |  |  | 2,957,197 |  |  | 1,136,658 |  |  | 2,898,700 |  |  | 2,157,989 |  |  | 20,751,859
Total loans |  | $ | 9,166,947 |  | $ | 2,738,460 |  | $ | 11,905,407 |  | $ | 2,994,448 |  | $ | 1,157,451 |  | $ | 2,990,631 |  | $ | 2,164,818 |  | $ | 21,212,755
Nonaccrual Loans and Without an Allowance for Loan Loss by Portfolio Class | The following table presents total nonaccrual loans and those without an allowance for loan loss, by portfolio class. Prior to the adoption of CECL, purchased credit impaired loans accounted for in pools with an accretable yield were considered to be performing and are therefore excluded. Such loans totaled $17.5 million at December 31, 2019.
|  | December 31, |
|  | 2020 |  |  |  | 2019 |
(in thousands) |  |  | Total nonaccrual |  |  |  | Nonaccrual without allowance for loan loss |  |  |  | Total nonaccrual |  |  |  | Nonaccrual without allowance for loan loss |
Commercial non-real estate |  | $ |  | 52,836 |  |  | $ |  | 15,268 |  |  | $ |  | 178,678 |  |  | $ |  | 97,700 |
Commercial real estate - owner occupied |  |  |  | 13,856 |  |  |  |  | 7,038 |  |  |  |  | 7,708 |  |  |  |  | 2,458 |
Total commercial and industrial |  |  |  | 66,692 |  |  |  |  | 22,306 |  |  |  |  | 186,386 |  |  |  |  | 100,158 |
Commercial real estate - income producing |  |  |  | 6,743 |  |  |  |  | — |  |  |  |  | 2,594 |  |  |  |  | — |
Construction and land development |  |  |  | 2,486 |  |  |  |  | 1,116 |  |  |  |  | 1,217 |  |  |  |  | — |
Residential mortgages |  |  |  | 40,573 |  |  |  |  | 1,705 |  |  |  |  | 39,262 |  |  |  |  | 3,383 |
Consumer |  |  |  | 23,385 |  |  |  |  | — |  |  |  |  | 16,374 |  |  |  |  | 351 |
Total loans |  | $ |  | 139,879 |  |  | $ |  | 25,127 |  |  | $ |  | 245,833 |  |  | $ |  | 103,892 |
Troubled Debt Restructurings Modified by Portfolio Segment | The table below presents detail on loans modified in TDRs during the years ended December 31, 2020, 2019 and 2018 by portfolio segment. All such loans are individually evaluated for credit loss.
|  | Years Ended |
($ in thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
|  |  |  |  |  | Outstanding Recorded Investment |  |  |  |  |  |  | Outstanding Recorded Investment |  |  |  |  |  |  | Outstanding Recorded Investment |
Troubled Debt Restructurings: |  | Number of Contracts |  |  | Pre- Modification |  |  | Post- Modification |  |  | Number of Contracts |  |  | Pre- Modification |  |  | Post- Modification |  |  | Number of Contracts |  |  | Pre- Modification |  |  | Post- Modification |
Commercial non-real estate |  |  | 3 |  |  | $ |  | 745 |  |  | $ |  | 745 |  |  |  | 13 |  |  | $ |  | 64,051 |  |  | $ |  | 57,240 |  |  |  | 29 |  |  | $ |  | 85,306 |  |  | $ |  | 85,306 |
Commercial real estate - owner occupied |  |  | 1 |  |  |  |  | 297 |  |  |  |  | 297 |  |  |  | 1 |  |  |  |  | 167 |  |  |  |  | 167 |  |  |  | 2 |  |  |  |  | 6,138 |  |  |  |  | 6,138 |
Total commercial and industrial |  |  | 4 |  |  |  |  | 1,042 |  |  |  |  | 1,042 |  |  |  | 14 |  |  |  |  | 64,218 |  |  |  |  | 57,407 |  |  |  | 31 |  |  |  |  | 91,444 |  |  |  |  | 91,444 |
Commercial real estate - income producing |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  | 1 |  |  |  |  | 123 |  |  |  |  | 123 |  |  |  | 1 |  |  |  |  | 1,564 |  |  |  |  | 1,564 |
Construction and land development |  |  | 1 |  |  |  |  | 15 |  |  |  |  | 15 |  |  |  | 3 |  |  |  |  | 323 |  |  |  |  | 323 |  |  |  | — |  |  |  |  | — |  |  |  |  | — |
Residential mortgages |  |  | 15 |  |  |  |  | 3,424 |  |  |  |  | 3,424 |  |  |  | 21 |  |  |  |  | 3,286 |  |  |  |  | 3,286 |  |  |  | 14 |  |  |  |  | 1,297 |  |  |  |  | 1,297 |
Consumer |  |  | 6 |  |  |  |  | 89 |  |  |  |  | 89 |  |  |  | 10 |  |  |  |  | 168 |  |  |  |  | 168 |  |  |  | 10 |  |  |  |  | 455 |  |  |  |  | 455 |
Total loans |  |  | 26 |  |  | $ |  | 4,570 |  |  | $ |  | 4,570 |  |  |  | 49 |  |  | $ |  | 68,118 |  |  | $ |  | 61,307 |  |  |  | 56 |  |  | $ |  | 94,760 |  |  | $ |  | 94,760 |
Loans Individually Evaluated for Impairment Disaggregated by Portfolio Class | Prior to the adoption of CECL, the Company accounted for impaired loans as prescribed by ASC 310. The following provides detail regarding the Company’s impaired loans at and for the year ended December 31, 2019. Interest income recognized represents interest on accruing loans modified in a TDR.
|  | December 31, 2019 |
(in thousands) |  | Recorded Investment Without an Allowance |  |  | Recorded Investment With an Allowance |  |  | Unpaid Principle Balance |  |  |  |  | Related Allowance |  |  |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
Commercial non-real estate |  | $ |  | 134,191 |  |  | $ |  | 98,247 |  |  | $ |  | 270,078 |  |  |  |  | $ |  | 21,733 |  |  |  |  | $ |  | 223,500 |  |  | $ |  | 4,917 |
Commercial real estate - owner occupied |  |  |  | 2,665 |  |  |  |  | 1,716 |  |  |  |  | 7,793 |  |  |  |  |  |  | 104 |  |  |  |  |  |  | 14,719 |  |  |  |  | 196 |
Total commercial and industrial |  |  |  | 136,856 |  |  |  |  | 99,963 |  |  |  |  | 277,871 |  |  |  |  |  |  | 21,837 |  |  |  |  |  |  | 238,219 |  |  |  |  | 5,113 |
Commercial real estate - income producing |  |  |  | 373 |  |  |  |  | 1,525 |  |  |  |  | 1,959 |  |  |  |  |  |  | 18 |  |  |  |  |  |  | 2,407 |  |  |  |  | 27 |
Construction and land development |  |  |  | — |  |  |  |  | 277 |  |  |  |  | 322 |  |  |  |  |  |  | 21 |  |  |  |  |  |  | 906 |  |  |  |  | 4 |
Residential mortgages |  |  |  | 3,383 |  |  |  |  | 1,791 |  |  |  |  | 5,709 |  |  |  |  |  |  | 217 |  |  |  |  |  |  | 4,578 |  |  |  |  | 11 |
Consumer |  |  |  | 479 |  |  |  |  | 1,004 |  |  |  |  | 1,906 |  |  |  |  |  |  | 292 |  |  |  |  |  |  | 1,464 |  |  |  |  | 77 |
Total loans |  | $ |  | 141,091 |  |  | $ |  | 104,560 |  |  | $ |  | 287,767 |  |  |  |  | $ |  | 22,385 |  |  |  |  | $ |  | 247,574 |  |  | $ |  | 5,232 |
Age Analysis of Past Due Loans by Portfolio Class | The tables below present the age analysis of past due loans by portfolio class at December 31, 2020 and 2019. Prior to the adoption of CECL, purchased credit impaired loans with an accretable yield were considered to be current in the table below as of December 31, 2019. These loans totaled $6.1 million for 30-59 days past due, $2.0 million for 60-89 days past due and $8.3 million for both greater than 90 days past due and greater than 90 days past due and still accruing at December 31, 2019.
December 31, 2020 |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | Greater Than 90 Days past due |  | Total Past Due |  | Current |  | Total Loans |  | Recorded Investment > 90 Days and Accruing
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial non-real estate |  | $ | 7,963 |  | $ | 2,564 |  | $ | 39,530 |  | $ | 50,057 |  | $ | 9,936,926 |  | $ | 9,986,983 |  | $ | 583
Commercial real estate - owner occupied |  |  | 1,525 |  |  | 753 |  |  | 13,663 |  |  | 15,941 |  |  | 2,841,504 |  |  | 2,857,445 |  |  | 955
Total commercial and industrial |  |  | 9,488 |  |  | 3,317 |  |  | 53,193 |  |  | 65,998 |  |  | 12,778,430 |  |  | 12,844,428 |  |  | 1,538
Commercial real estate - income producing |  |  | 1,494 |  |  | 798 |  |  | 5,744 |  |  | 8,036 |  |  | 3,349,903 |  |  | 3,357,939 |  |  | 182
Construction and land development |  |  | 4,168 |  |  | 284 |  |  | 2,001 |  |  | 6,453 |  |  | 1,058,604 |  |  | 1,065,057 |  |  | —
Residential mortgages |  |  | 29,319 |  |  | 9,858 |  |  | 27,886 |  |  | 67,063 |  |  | 2,598,149 |  |  | 2,665,212 |  |  | 912
Consumer |  |  | 12,215 |  |  | 5,012 |  |  | 11,714 |  |  | 28,941 |  |  | 1,828,354 |  |  | 1,857,295 |  |  | 729
Total loans |  | $ | 56,684 |  | $ | 19,269 |  | $ | 100,538 |  | $ | 176,491 |  | $ | 21,613,440 |  | $ | 21,789,931 |  | $ | 3,361
December 31, 2019 |  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | Greater Than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | Recorded Investment > 90 Days and Accruing |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial non-real estate |  | $ |  | 20,893 |  |  | $ |  | 13,445 |  |  | $ |  | 100,806 |  |  | $ |  | 135,144 |  |  | $ |  | 9,031,803 |  |  | $ |  | 9,166,947 |  |  | $ |  | 1,537 |
Commercial real estate - owner occupied |  |  |  | 4,862 |  |  |  |  | 556 |  |  |  |  | 7,268 |  |  |  |  | 12,686 |  |  |  |  | 2,725,774 |  |  |  |  | 2,738,460 |  |  |  |  | 830 |
Total commercial and industrial |  |  |  | 25,755 |  |  |  |  | 14,001 |  |  |  |  | 108,074 |  |  |  |  | 147,830 |  |  |  |  | 11,757,577 |  |  |  |  | 11,905,407 |  |  |  |  | 2,367 |
Commercial real estate - income producing |  |  |  | 738 |  |  |  |  | 703 |  |  |  |  | 2,910 |  |  |  |  | 4,351 |  |  |  |  | 2,990,097 |  |  |  |  | 2,994,448 |  |  |  |  | 450 |
Construction and land development |  |  |  | 5,747 |  |  |  |  | 680 |  |  |  |  | 2,480 |  |  |  |  | 8,907 |  |  |  |  | 1,148,544 |  |  |  |  | 1,157,451 |  |  |  |  | 2,042 |
Residential mortgages |  |  |  | 32,867 |  |  |  |  | 8,584 |  |  |  |  | 23,577 |  |  |  |  | 65,028 |  |  |  |  | 2,925,603 |  |  |  |  | 2,990,631 |  |  |  |  | 85 |
Consumer |  |  |  | 18,586 |  |  |  |  | 6,215 |  |  |  |  | 9,901 |  |  |  |  | 34,702 |  |  |  |  | 2,130,116 |  |  |  |  | 2,164,818 |  |  |  |  | 1,638 |
Total loans |  | $ |  | 83,693 |  |  | $ |  | 30,183 |  |  | $ |  | 146,942 |  |  | $ |  | 260,818 |  |  | $ |  | 20,951,937 |  |  | $ |  | 21,212,755 |  |  | $ |  | 6,582 |
Credit Quality Indicators by Segments and Portfolio Class | The following table presents credit quality disclosures of amortized cost by segment and vintage for term loans and by revolving and revolving converted to amortizing at December 31, 2020. The Company defines vintage as the later of origination, renewal or restructure date.
| Term Loans |  |  |  |  |  |  |  |  |  |  |
| Amortized Cost Basis by Origination Year |  |  |  |  |  |  |  |  |  |  |
|  | 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |  |  | Prior |  |  | Revolving Loans |  |  | Revolving Loans Converted to Term Loans |  |  | Total |
Commercial Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 5,673,370 |  |  | $ | 2,819,696 |  |  | $ | 1,740,784 |  |  | $ | 1,391,140 |  |  | $ | 960,094 |  |  | $ | 1,231,913 |  |  | $ | 2,420,058 |  |  | $ | 95,847 |  |  | $ | 16,332,902 |
Pass-Watch |  |  | 115,555 |  |  |  | 96,473 |  |  |  | 50,475 |  |  |  | 42,877 |  |  |  | 58,331 |  |  |  | 84,363 |  |  |  | 74,629 |  |  |  | 19,182 |  |  |  | 541,885 |
Special Mention |  |  | 3,196 |  |  |  | 27,157 |  |  |  | 21,074 |  |  |  | 30,872 |  |  |  | 28,933 |  |  |  | 4,146 |  |  |  | 18,626 |  |  |  | 3,588 |  |  |  | 137,592 |
Substandard |  |  | 75,461 |  |  |  | 33,844 |  |  |  | 20,527 |  |  |  | 35,383 |  |  |  | 15,071 |  |  |  | 36,589 |  |  |  | 30,162 |  |  |  | 8,008 |  |  |  | 255,045 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Commercial Loans |  | $ | 5,867,582 |  |  | $ | 2,977,170 |  |  | $ | 1,832,860 |  |  | $ | 1,500,272 |  |  | $ | 1,062,429 |  |  | $ | 1,357,011 |  |  | $ | 2,543,475 |  |  | $ | 126,625 |  |  | $ | 17,267,424 |
Residential Mortgage and Consumer Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 438,831 |  |  | $ | 504,124 |  |  | $ | 437,518 |  |  | $ | 560,347 |  |  | $ | 501,018 |  |  | $ | 816,567 |  |  | $ | 1,190,775 |  |  | $ | 6,127 |  |  | $ | 4,455,307 |
Nonperforming |  |  | 1,466 |  |  |  | 3,781 |  |  |  | 5,881 |  |  |  | 8,380 |  |  |  | 3,981 |  |  |  | 35,500 |  |  |  | 3,652 |  |  |  | 4,559 |  |  |  | 67,200 |
Total Consumer Loans |  | $ | 440,297 |  |  | $ | 507,905 |  |  | $ | 443,399 |  |  | $ | 568,727 |  |  | $ | 504,999 |  |  | $ | 852,067 |  |  | $ | 1,194,427 |  |  | $ | 10,686 |  |  | $ | 4,522,507 |
Changes in Carrying Amount of Purchased Credit Impaired Loans and Related Accretable Yield | Changes in the carrying amount of purchased credit impaired loans and related accretable yield are presented in the following table for the year ended December 31, 2019:
|  | 2019 |
|  | Carrying |  |  |  |  |  |
|  | Amount |  |  | Accretable |
(in thousands) |  | of Loans |  |  | Yield |
Balance at beginning of period |  | $ |  | 129,596 |  |  | $ |  | 37,294 |
Additions |  |  |  | 120,562 |  |  |  |  | 6,246 |
Payments received, net |  |  |  | (48,076 | ) |  |  |  | (4,601 | )
Accretion |  |  |  | 13,163 |  |  |  |  | (13,163 | )
Increase in expected cash flows based on actual cash flow and changes in cash flow assumptions |  |  |  | — |  |  |  |  | 4,170 |
Balance at end of period |  | $ |  | 215,245 |  |  | $ |  | 29,946 |
Total Commercial [Member] |
Accounts Notes And Loans Receivable [Line Items] |
Credit Quality Indicators by Segments and Portfolio Class | The tables below present the credit quality indicators by portfolio class and segment of loans at December 31, 2020 and December 31, 2019. The Company routinely assesses the ratings of loans in its portfolio through an established and comprehensive portfolio management process. In addition, the Company often examines portfolios of loans to determine if there are areas of risk not specifically identified in its loan by loan approach. As a result, several loans were downgraded to pass-watch in 2020 in reaction to the economic downturn caused by the pandemic and other environmental factors. In alignment with regulatory guidance, the Company has been working with its customers to manage through this period of severe uncertainty and economic stress, including providing various types of loan deferrals. While the majority of these deferrals have expired, our ability to predict future cash flow is limited due to the economic uncertainty, and we expect that further risk rating adjustments may be required.
|  | December 31, 2020 |
(in thousands) |  | Commercial Non- Real Estate |  |  | Commercial Real Estate - Owner Occupied |  |  | Total Commercial and Industrial |  |  | Commercial Real Estate - Income Producing |  |  | Construction and Land Development |  |  | Total Commercial |
Grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ |  | 9,439,264 |  |  | $ |  | 2,641,423 |  |  | $ |  | 12,080,687 |  |  | $ |  | 3,219,155 |  |  | $ |  | 1,033,060 |  |  | $ |  | 16,332,902 |
Pass-Watch |  |  |  | 314,739 |  |  |  |  | 114,358 |  |  |  |  | 429,097 |  |  |  |  | 89,968 |  |  |  |  | 22,820 |  |  |  |  | 541,885 |
Special Mention |  |  |  | 79,613 |  |  |  |  | 46,239 |  |  |  |  | 125,852 |  |  |  |  | 5,989 |  |  |  |  | 5,751 |  |  |  |  | 137,592 |
Substandard |  |  |  | 153,367 |  |  |  |  | 55,425 |  |  |  |  | 208,792 |  |  |  |  | 42,827 |  |  |  |  | 3,426 |  |  |  |  | 255,045 |
Doubtful |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |
Total |  | $ |  | 9,986,983 |  |  | $ |  | 2,857,445 |  |  | $ |  | 12,844,428 |  |  | $ |  | 3,357,939 |  |  | $ |  | 1,065,057 |  |  | $ |  | 17,267,424 |
|  | December 31, 2019 |
(in thousands) |  | Commercial Non- Real Estate |  |  | Commercial Real Estate - Owner Occupied |  |  | Total Commercial and Industrial |  |  | Commercial Real Estate - Income Producing |  |  | Construction and Land Development |  |  | Total Commercial |
Grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ |  | 8,492,113 |  |  | $ |  | 2,517,448 |  |  | $ |  | 11,009,561 |  |  | $ |  | 2,883,553 |  |  | $ |  | 1,120,997 |  |  | $ |  | 15,014,111 |
Pass-Watch |  |  |  | 220,850 |  |  |  |  | 146,266 |  |  |  |  | 367,116 |  |  |  |  | 69,765 |  |  |  |  | 25,621 |  |  |  |  | 462,502 |
Special Mention |  |  |  | 71,654 |  |  |  |  | 14,651 |  |  |  |  | 86,305 |  |  |  |  | 14,995 |  |  |  |  | 283 |  |  |  |  | 101,583 |
Substandard |  |  |  | 382,330 |  |  |  |  | 60,095 |  |  |  |  | 442,425 |  |  |  |  | 26,135 |  |  |  |  | 10,550 |  |  |  |  | 479,110 |
Doubtful |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |
Total |  | $ |  | 9,166,947 |  |  | $ |  | 2,738,460 |  |  | $ |  | 11,905,407 |  |  | $ |  | 2,994,448 |  |  | $ |  | 1,157,451 |  |  | $ |  | 16,057,306 |
Residential Mortgage and Consumer [Member] |
Accounts Notes And Loans Receivable [Line Items] |
Credit Quality Indicators by Segments and Portfolio Class |
|  | December 31, 2020 |  |  | December 31, 2019 |
(in thousands) |  | Residential Mortgage |  |  | Consumer |  |  | Total |  |  | Residential Mortgage |  |  | Consumer |  |  | Total |
Performing |  | $ |  | 2,622,422 |  |  | $ |  | 1,832,885 |  |  | $ |  | 4,455,307 |  |  | $ |  | 2,950,854 |  |  | $ |  | 2,147,312 |  |  | $ |  | 5,098,166 |
Nonperforming |  |  |  | 42,790 |  |  |  |  | 24,410 |  |  |  |  | 67,200 |  |  |  |  | 39,777 |  |  |  |  | 17,506 |  |  |  |  | 57,283 |
Total |  | $ |  | 2,665,212 |  |  | $ |  | 1,857,295 |  |  | $ |  | 4,522,507 |  |  | $ |  | 2,990,631 |  |  | $ |  | 2,164,818 |  |  | $ |  | 5,155,449 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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=121611835&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=121599337&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 the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
Name: | us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodTableTextBlock
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=121599337&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=121611835&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=121611835&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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=121599337&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=121611835&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=121647567&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=121611835&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=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: 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=121611835&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=hwc_ResidentialPortfolioSegmentAndConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |