Loans and Allowance for Credit Losses

Loans, Net of Unearned Income

Loans, net of unearned income are summarized as follows:



	September 30, 2015			December 31, 2014
	(in thousands)
Real-estate - commercial mortgage	$	5,339,928		$	5,197,155
Commercial - industrial, financial and agricultural	3,929,908			3,725,567
Real-estate - home equity	1,693,649			1,736,688
Real-estate - residential mortgage	1,382,085			1,377,068
Real-estate - construction	769,565			690,601
Consumer	271,696			265,431
Leasing and other	161,911			127,562
Overdrafts	2,614			4,021
Loans, gross of unearned income	13,551,356			13,124,093
Unearned income	(14,995		)	(12,377		)
Loans, net of unearned income	$	13,536,361		$	13,111,716

Allowance for Credit Losses

The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries.

The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans evaluated for impairment under the FASB's ASC Section 310-10-35; and (2) allowances calculated for pools of loans measured for impairment under FASB ASC Subtopic 450-20.

The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. Commercial loans include loans secured by collateral and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect automobile loans.

The following table presents the components of the allowance for credit losses:



	September 30, 2015		December 31, 2014
	(in thousands)
Allowance for loan losses	$	167,136	$	184,144
Reserve for unfunded lending commitments	2,259		1,787
Allowance for credit losses	$	169,395	$	185,931

The following table presents the activity in the allowance for credit losses:



	Three months ended September 30						Nine months ended September 30
	2015			2014			2015			2014
	(in thousands)
Balance at beginning of period	$	169,453		$	193,442		$	185,931		$	204,917
Loans charged off	(5,561		)	(9,604		)	(26,697		)	(31,348		)
Recoveries of loans previously charged off	4,503			3,770			10,661			8,039
Net loans charged off	(1,058		)	(5,834		)	(16,036		)	(23,309		)
Provision for credit losses	1,000			3,500			(500		)	9,500
Balance at end of period	$	169,395		$	191,108		$	169,395		$	191,108

The following table presents the activity in the allowance for loan losses by portfolio segment:



	Real Estate - Commercial Mortgage			Commercial - Industrial, Financial and Agricultural			Real Estate - Home Equity			Real Estate - Residential Mortgage			Real Estate - Construction			Consumer			Leasing and other and overdrafts			Unallocated			Total
	(in thousands)
Three months ended September 30, 2015
Balance at June 30, 2015	$	50,680		$	49,170		$	22,506		$	22,787		$	7,749		$	2,608		$	1,615		$	10,370		$	167,485
Loans charged off	(660		)	(1,640		)	(940		)	(1,035		)	(114		)	(650		)	(522		)	—			(5,561		)
Recoveries of loans previously charged off	842			1,598			304			201			898			314			346			—			4,503
Net loans charged off	182			(42		)	(636		)	(834		)	784			(336		)	(176		)	—			(1,058		)
Provision for loan losses (1)	825			(405		)	180			(609		)	(964		)	282			223			1,177			709
Balance at September 30, 2015	$	51,687		$	48,723		$	22,050		$	21,344		$	7,569		$	2,554		$	1,662		$	11,547		$	167,136
Three months ended September 30, 2014
Balance at June 30, 2014	$	49,842		$	49,084		$	32,041		$	32,744		$	11,331		$	3,306		$	1,851		$	11,486		$	191,685
Loans charged off	(1,557		)	(5,167		)	(1,492		)	(231		)	(313		)	(538		)	(306		)	—			(9,604		)
Recoveries of loans previously charged off	1,167			1,013			336			95			470			448			241			—			3,770
Net loans charged off	(390		)	(4,154		)	(1,156		)	(136		)	157			(90		)	(65		)	—			(5,834		)
Provision for loan losses (1)	(278		)	6,110			406			397			(312		)	244			180			(3,121		)	3,626
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477
Nine months ended September 30, 2015
Balance at December 31, 2014	$	53,493		$	51,378		$	28,271		$	29,072		$	9,756		$	3,015		$	1,799		$	7,360		$	184,144
Loans charged off	(3,011		)	(14,669		)	(2,578		)	(3,099		)	(201		)	(1,787		)	(1,352		)	—			(26,697		)
Recoveries of loans previously charged off	1,729			3,855			744			547			2,276			923			587			—			10,661
Net loans charged off	(1,282		)	(10,814		)	(1,834		)	(2,552		)	2,075			(864		)	(765		)	—			(16,036		)
Provision for loan losses (1)	(524		)	8,159			(4,387		)	(5,176		)	(4,262		)	403			628			4,187			(972		)
Balance at September 30, 2015	$	51,687		$	48,723		$	22,050		$	21,344		$	7,569		$	2,554		$	1,662		$	11,547		$	167,136
Nine months ended September 30, 2014
Balance at December 31, 2013	$	55,659		$	50,330		$	28,222		$	33,082		$	12,649		$	3,260		$	3,370		$	16,208		$	202,780
Loans charged off	(5,084		)	(15,804		)	(4,377		)	(2,166		)	(745		)	(1,738		)	(1,434		)	—			(31,348		)
Recoveries of loans previously charged off	1,641			2,532			869			319			852			1,059			767			—			8,039
Net loans charged off	(3,443		)	(13,272		)	(3,508		)	(1,847		)	107			(679		)	(667		)	—			(23,309		)
Provision for loan losses (1)	(3,042		)	13,982			6,577			1,770			(1,580		)	879			(737		)	(7,843		)	10,006
Balance at September 30, 2014	$	49,174		$	51,040		$	31,291		$	33,005		$	11,176		$	3,460		$	1,966		$	8,365		$	189,477

(1)

The provision for loan losses excluded a $291,000 and $472,000 increase, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2015 and a $126,000 and $506,000 decrease, respectively, in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2014. The total provision for credit losses, comprised of allocations for both funded and unfunded loans, was $1.0 million and negative $500,000, respectively, for the three and nine months ended September 30, 2015 and $3.5 million and $9.5 million, respectively, for the three and nine months ended September 30, 2014.

The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment:



	Real Estate - Commercial Mortgage		Commercial - Industrial, Financial and Agricultural		Real Estate - Home Equity		Real Estate - Residential Mortgage		Real Estate - Construction		Consumer		Leasing and other and overdrafts		Unallocated (1)		Total
	(in thousands)
Allowance for loan losses at September 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	38,490	$	36,002	$	14,867	$	7,921	$	5,119	$	2,535	$	1,662	$	11,547	$	118,143
Evaluated for impairment under FASB ASC Section 310-10-35	13,197		12,721		7,183		13,423		2,450		19		—		N/A		48,993
	$	51,687	$	48,723	$	22,050	$	21,344	$	7,569	$	2,554	$	1,662	$	11,547	$	167,136

Loans, net of unearned income at September 30, 2015:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,273,819	$	3,885,956	$	1,679,471	$	1,330,778	$	750,629	$	271,667	$	149,530	N/A		$	13,341,850
Evaluated for impairment under FASB ASC Section 310-10-35	66,109		43,952		14,178		51,307		18,936		29		—		N/A		194,511
	$	5,339,928	$	3,929,908	$	1,693,649	$	1,382,085	$	769,565	$	271,696	$	149,530	N/A		$	13,536,361

Allowance for loan losses at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	32,951	$	39,098	$	21,666	$	11,503	$	6,009	$	3,439	$	1,966	$	8,365	$	124,997
Evaluated for impairment under FASB ASC Section 310-10-35	16,223		11,942		9,625		21,502		5,167		21		—		N/A		64,480
	$	49,174	$	51,040	$	31,291	$	33,005	$	11,176	$	3,460	$	1,966	$	8,365	$	189,477

Loans, net of unearned income at September 30, 2014:
Measured for impairment under FASB ASC Subtopic 450-20	$	5,095,263	$	3,655,162	$	1,719,049	$	1,319,333	$	658,822	$	278,196	$	111,148	N/A		$	12,836,973
Evaluated for impairment under FASB ASC Section 310-10-35	61,716		36,100		13,987		52,700		28,906		23		—		N/A		193,432
	$	5,156,979	$	3,691,262	$	1,733,036	$	1,372,033	$	687,728	$	278,219	$	111,148	N/A		$	13,030,405


(1)	The unallocated allowance, which was approximately 7% and 4% of the total allowance for credit losses as of both September 30, 2015 and September 30, 2014, was, in the opinion of management, reasonable and appropriate given that the estimates used in the allocation process are inherently imprecise.

N/A Not applicable.

Impaired Loans

A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings ("TDRs"). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total outstanding commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total outstanding commitments less than $1.0 million are pooled and measured for impairment collectively.

Based on an evaluation of all relevant credit quality factors, the Corporation recorded a $500,000 negative provision for credit losses during the nine months ended September 30, 2015, compared to a $9.5 million provision for credit losses for the same period in 2014. The $10.0 million decrease in the provision for credit losses was driven by improvement in all credit quality measures, particularly net charge-off levels, across all loan portfolio segments.

All loans individually evaluated for impairment under FASB ASC Section 310-10-35 are measured for losses on a quarterly basis.

As of September 30, 2015 and December 31, 2014, substantially all of the Corporation’s individually evaluated impaired loans with total outstanding balances greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real property.

As of September 30, 2015 and 2014, approximately 77% of impaired loans with principal balances greater than or equal to $1.0 million, whose primary collateral is real estate, were measured at estimated fair value using state certified third-party appraisals that had been updated within the preceding 12 months.

When updated appraisals are not obtained for loans evaluated for impairment under FASB ASC Section 310-10-35 that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable loan-to-value position and, in the opinion of the Corporation's internal loan evaluation staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans, generally less than 70%.

The following table presents total impaired loans by class segment:



	September 30, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Unpaid Principal Balance		Recorded Investment		Related Allowance
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	31,961	$	26,075	$	—	$	25,802	$	23,236	$	—
Commercial - secured	22,097		17,661		—		17,599		14,582		—
Commercial - unsecured	86		86		—		—		—		—
Real estate - home equity	—		—		—		—		—		—
Real estate - residential mortgage	6,607		6,201		—		4,873		4,873		—
Construction - commercial residential	13,353		10,417		—		18,041		14,801		—
Construction - commercial	1,295		1,143		—		1,707		1,581		—
	75,399		61,583				68,022		59,073
With a related allowance recorded:
Real estate - commercial mortgage	48,734		40,034		13,197		49,619		40,023		16,715
Commercial - secured	29,415		23,533		11,789		24,824		19,335		12,165
Commercial - unsecured	2,832		2,672		932		1,241		1,089		865
Real estate - home equity	18,854		14,178		7,183		19,392		13,458		9,224
Real estate - residential mortgage	54,604		45,106		13,423		56,607		46,478		18,592
Construction - commercial residential	9,613		6,019		1,985		14,007		7,903		2,675
Construction - commercial	1,223		1,077		363		1,501		1,023		459
Construction - other	452		280		102		452		281		137
Consumer - direct	14		14		10		19		19		17
Consumer - indirect	15		15		9		20		19		18
	165,756		132,928		48,993		167,682		129,628		60,867
Total	$	241,155	$	194,511	$	48,993	$	235,704	$	188,701	$	60,867

As of September 30, 2015 and December 31, 2014, there were $61.6 million and $59.1 million, respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or they were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary.

The following table presents average impaired loans by class segment:



	Three months ended September 30								Nine months ended September 30
	2015				2014				2015				2014
	Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)		Average Recorded Investment		Interest Income (1)
	(in thousands)
With no related allowance recorded:
Real estate - commercial mortgage	$	25,216	$	68	$	23,056	$	78	$	26,033	$	246	$	23,524	244
Commercial - secured	17,609		28		18,903		29		16,142		74		20,014		98
Commercial - unsecured	43		—		—		—		22		—		—		—
Real estate - home equity	—		—		150		—		—		—		225		1
Real estate - residential mortgage	6,212		34		1,236		7		5,539		94		697		13
Construction - commercial residential	10,558		28		14,881		51		12,390		124		16,052		173
Construction - commercial	1,150		—		1,060		—		1,144		—		1,514		—
	60,788		158		59,286		165		61,270		538		62,026		529
With a related allowance recorded:
Real estate - commercial mortgage	40,572		110		38,469		130		40,116		368		37,794		394
Commercial - secured	22,386		36		19,764		30		23,668		111		21,404		101
Commercial - unsecured	2,788		1		850		1		1,981		4		847		3
Real estate - home equity	13,728		37		14,116		30		13,417		101		14,106		78
Real estate - residential mortgage	46,039		254		51,283		298		46,406		797		51,257		894
Construction - commercial residential	5,746		15		11,189		38		6,496		64		10,480		100
Construction - commercial	1,210		—		942		—		1,005		—		567		—
Construction - other	281		—		281		—		281		—		414		—
Consumer - direct	15		—		18		—		18		—		15		—
Consumer - indirect	15		—		6		—		17		—		4		—
	132,780		453		136,918		527		133,405		1,445		136,888		1,570
Total	$	193,568	$	611	$	196,204	$	692	$	194,675	$	1,983	$	198,914	2,099


(1)	All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2015 and 2014 represents amounts earned on accruing TDRs.

Credit Quality Indicators and Non-performing Assets

The following table presents internal credit risk ratings for real estate - commercial mortgages, commercial - secured loans, commercial - unsecured loans, construction - commercial residential loans and construction - commercial loans:



	Pass						Special Mention						Substandard or Lower						Total
	September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - commercial mortgage	$	5,028,655		$	4,899,016		$	132,823		$	127,302		$	178,450		$	170,837		$	5,339,928		$	5,197,155
Commercial - secured	3,579,389			3,333,486			97,617			120,584			105,820			110,544			3,782,826			3,564,614
Commercial - unsecured	138,709			146,680			3,568			7,463			4,805			6,810			147,082			160,953
Total commercial - industrial, financial and agricultural	3,718,098			3,480,166			101,185			128,047			110,625			117,354			3,929,908			3,725,567
Construction - commercial residential	144,329			136,109			16,763			27,495			29,429			40,066			190,521			203,670
Construction - commercial	514,969			409,631			1,693			12,202			5,204			5,586			521,866			427,419
Total construction (excluding Construction - other)	659,298			545,740			18,456			39,697			34,633			45,652			712,387			631,089
	$	9,406,051		$	8,924,922		$	252,464		$	295,046		$	323,708		$	333,843		$	9,982,223		$	9,553,811
% of Total	94.2		%	93.4		%	2.5		%	3.1		%	3.3		%	3.5		%	100.0		%	100.0		%

The following is a summary of the Corporation's internal risk rating categories:


•	Pass: These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk.


•	Special Mention: These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak.


•	Substandard or Lower: These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt.

The risk rating process allows management to identify riskier credits in a timely manner and to allocate resources to managing troubled accounts. The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented above. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. Risk ratings are initially assigned to loans by loan officers and are reviewed on a regular basis by credit administration staff. The Corporation's loan review officers provide a separate assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan.

The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, consumer, lease receivables and construction loans to individuals secured by residential real estate. For these loans, the most relevant credit quality indicator is delinquency status. The migration of loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology for those loans, which bases the probability of default on this migration.

The following table presents a summary of delinquency and non-performing status for home equity, real estate - residential mortgages, construction loans to individuals and consumer, leasing and other loans by class segment:



	Performing						Delinquent (1)						Non-performing (2)						Total
	September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014
	(dollars in thousands)
Real estate - home equity	$	1,671,473		$	1,711,017		$	9,069		$	10,931		$	13,107		$	14,740		$	1,693,649		$	1,736,688
Real estate - residential mortgage	1,336,877			1,321,139			17,501			26,934			27,707			28,995			1,382,085			1,377,068
Construction - other	56,482			59,180			—			—			696			332			57,178			59,512
Consumer - direct	98,576			104,018			2,697			2,891			1,961			2,414			103,234			109,323
Consumer - indirect	166,040			153,358			2,304			2,574			118			176			168,462			156,108
Total consumer	264,616			257,376			5,001			5,465			2,079			2,590			271,696			265,431
Leasing and other and overdrafts	148,980			118,550			464			523			86			133			149,530			119,206
	$	3,478,428		$	3,467,262		$	32,035		$	43,853		$	43,675		$	46,790		$	3,554,138		$	3,557,905
% of Total	97.9		%	97.5		%	0.9		%	1.2		%	1.2		%	1.3		%	100.0		%	100.0		%


(1)	Includes all accruing loans 31 days to 89 days past due.


(2)	Includes all accruing loans 90 days or more past due and all non-accrual loans.

The following table presents non-performing assets:



	September 30, 2015		December 31, 2014
	(in thousands)
Non-accrual loans	$	132,154	$	121,080
Accruing loans 90 days or more past due	12,867		17,402
Total non-performing loans	145,021		138,482
Other real estate owned (OREO)	10,561		12,022
Total non-performing assets	$	155,582	$	150,504

The following table presents TDRs, by class segment:



	September 30, 2015		December 31, 2014
	(in thousands)
Real-estate - residential mortgage	$	29,330	$	31,308
Real-estate - commercial mortgage	17,282		18,822
Commercial - secured	7,259		5,170
Construction - commercial residential	4,363		9,241
Real estate - home equity	3,954		2,975
Commercial - unsecured	140		67
Consumer - indirect	15		19
Consumer - direct	14		19
Total accruing TDRs	62,357		67,621
Non-accrual TDRs (1)	27,618		24,616
Total TDRs	$	89,975	$	92,237


(1)	Included within non-accrual loans in the preceding table detailing non-performing assets.

As of September 30, 2015 and December 31, 2014, there were $5.3 million and $3.9 million, respectively, of commitments to lend additional funds to borrowers whose loans were modified under TDRs.

The following table presents TDRs, by class segment as of September 30, 2015 and 2014, that were modified during the three and nine months ended September 30, 2015 and 2014:



	Three months ended September 30						Nine months ended September 30
	2015			2014			2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	3	$	1,380	3	$	1,214	14	$	9,203	4	$	1,357
Real estate - home equity	14	562		6	764		39	1,793		26	1,627
Real estate - residential mortgage	2	229		3	256		10	1,295		18	2,092
Real estate - commercial mortgage	2	188		1	391		6	2,815		10	10,195
Construction - commercial residential	—	—		—	—		1	889		2	1,914
Commercial - unsecured	—	—		—	—		1	42		—	—
Consumer - indirect	—	—		—	—		1	13		4	7
Consumer - direct	—	—		—	—		—	—		6	8
Total	21	$	2,359	13	$	2,625	72	$	16,050	70	$	17,200

The following table presents TDRs, by class segment, as of September 30, 2015 and 2014, that were modified within the previous 12 months and had a post-modification payment default during the nine months ended September 30, 2015 and 2014. The Corporation defines a payment default as a single missed payment.



	2015			2014
	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
	(dollars in thousands)
Commercial - secured	6	$	3,855	3	$	415
Real estate - residential mortgage	4	500		8	1,147
Real estate - home equity	9	459		5	724
Real estate - commercial mortgage	2	233		1	35
Construction - commercial residential	—	—		3	2,509
Total	21	$	5,047	20	$	4,830

The following table presents past due status and non-accrual loans by portfolio segment and class segment:



	September 30, 2015
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	7,322	$	1,169	$	194	$	48,827	$	49,021	$	57,512	$	5,282,416	$	5,339,928
Commercial - secured	6,909		4,536		1,414		33,935		35,349		46,794		3,736,032		3,782,826
Commercial - unsecured	2,380		15		65		2,618		2,683		5,078		142,004		147,082
Total commercial - industrial, financial and agricultural	9,289		4,551		1,479		36,553		38,032		51,872		3,878,036		3,929,908
Real estate - home equity	6,312		2,757		2,883		10,224		13,107		22,176		1,671,473		1,693,649
Real estate - residential mortgage	11,499		6,002		5,730		21,977		27,707		45,208		1,336,877		1,382,085
Construction - commercial residential	1,832		231		—		12,073		12,073		14,136		176,385		190,521
Construction - commercial	265		—		—		2,220		2,220		2,485		519,381		521,866
Construction - other	—		—		416		280		696		696		56,482		57,178
Total real estate - construction	2,097		231		416		14,573		14,989		17,317		752,248		769,565
Consumer - direct	1,398		1,299		1,961		—		1,961		4,658		98,576		103,234
Consumer - indirect	1,962		342		118		—		118		2,422		166,040		168,462
Total consumer	3,360		1,641		2,079		—		2,079		7,080		264,616		271,696
Leasing and other and overdrafts	449		15		86		—		86		550		148,980		149,530
Total	$	40,328	$	16,366	$	12,867	$	132,154	$	145,021	$	201,715	$	13,334,646	$	13,536,361



	December 31, 2014
	31-59 Days Past Due		60-89 Days Past Due		≥ 90 Days Past Due and Accruing		Non- accrual		Total ≥ 90 Days		Total Past Due		Current		Total
	(in thousands)
Real estate - commercial mortgage	$	14,399	$	3,677	$	800	$	44,437	$	45,237	$	63,313	$	5,133,842	$	5,197,155
Commercial - secured	4,839		958		610		28,747		29,357		35,154		3,529,460		3,564,614
Commercial - unsecured	395		65		9		1,022		1,031		1,491		159,462		160,953
Total commercial - industrial, financial and agricultural	5,234		1,023		619		29,769		30,388		36,645		3,688,922		3,725,567
Real estate - home equity	8,048		2,883		4,257		10,483		14,740		25,671		1,711,017		1,736,688
Real estate - residential mortgage	18,789		8,145		8,952		20,043		28,995		55,929		1,321,139		1,377,068
Construction - commercial residential	160		—		—		13,463		13,463		13,623		190,047		203,670
Construction - commercial	—		—		—		2,604		2,604		2,604		424,815		427,419
Construction - other	—		—		51		281		332		332		59,180		59,512
Total real estate - construction	160		—		51		16,348		16,399		16,559		674,042		690,601
Consumer - direct	2,034		857		2,414		—		2,414		5,305		104,018		109,323
Consumer - indirect	2,156		418		176		—		176		2,750		153,358		156,108
Total consumer	4,190		1,275		2,590		—		2,590		8,055		257,376		265,431
Leasing and other and overdrafts	357		166		133		—		133		656		118,550		119,206
Total	$	51,177	$	17,169	$	17,402	$	121,080	$	138,482	$	206,828	$	12,904,888	$	13,111,716