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LOANS AND LEASES AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Loans and Leases Receivable

The following table presents the balances in the Company’s loans and leases portfolio as of the dates indicated:

	Non-Traditional Mortgages (NTM)				Traditional Loans				Total NTM  and Traditional  Loans				Purchased  Credit Impaired Loans				Total Loans  and Leases Receivable
	($ in thousands)
June 30, 2015
Commercial:
Commercial and industrial	$	—			$	771,112			$	771,112			$	365			$	771,477
Commercial real estate	—				796,142				796,142				11,004				807,146
Multi-family	—				696,768				696,768				—				696,768
SBA	—				53,866				53,866				3,021				56,887
Construction	—				32,022				32,022				—				32,022
Lease financing	—				131,189				131,189				—				131,189
Consumer:
Single family residential mortgage	597,554				873,507				1,471,061				251,982				1,723,043
Green Loans (HELOC) - first liens	117,881				—				117,881				—				117,881
Green Loans (HELOC) - second liens	4,773				—				4,773				—				4,773
Other consumer	113				131,796				131,909				—				131,909
Total gross loans and leases	$	720,321			$	3,486,402			$	4,206,723			$	266,372			$	4,473,095
Percentage to total gross loans and leases	16.1		%		77.9		%		94.0		%		6.0		%		100.0		%
Allowance for loan and lease losses																	(34,787		)
Loans and leases receivable, net																	$	4,438,308
December 31, 2014
Commercial:
Commercial and industrial	$	—			$	489,766			$	489,766			$	1,134			$	490,900
Commercial real estate	—				988,330				988,330				11,527				999,857
Multi-family	—				955,683				955,683				—				955,683
SBA	—				32,998				32,998				3,157				36,155
Construction	—				42,198				42,198				—				42,198
Lease financing	—				85,749				85,749				—				85,749
Consumer:
Single family residential mortgage	222,306				595,100				817,406				231,079				1,048,485
Green Loans (HELOC) - first liens	123,177				—				123,177				—				123,177
Green Loans (HELOC) - second liens	4,979				—				4,979				—				4,979
Other consumer	113				161,826				161,939				—				161,939
Total gross loans and leases	$	350,575			$	3,351,650			$	3,702,225			$	246,897			$	3,949,122
Percentage to total gross loans and leases	8.9		%		84.8		%		93.7		%		6.3		%		100.0		%
Allowance for loan and lease losses																	(29,480		)
Loans and leases receivable, net																	$	3,919,642

Non Traditional Mortgages Portfolio

The following table presents the composition of the NTM portfolio as of the dates indicated:

	June 30, 2015										December 31, 2014
	Count			Amount				Percent			Count			Amount				Percent
	($ in thousands)
Green Loans (HELOC) - first liens	143			$	117,881			16.3	%		148			$	123,177			35.1	%
Interest-only - first liens	494			585,437				81.2	%		207			209,207				59.7	%
Negative amortization	31			12,117				1.7	%		32			13,099				3.7	%
Total NTM - first liens	668			715,435				99.2	%		387			345,483				98.5	%
Green Loans (HELOC) - second liens	17			4,773				0.7	%		19			4,979				1.4	%
Interest-only - second liens	1			113				0.1	%		1			113				0.1	%
Total NTM - second liens	18			4,886				0.8	%		20			5,092				1.5	%
Total NTM loans	686			$	720,321			100.0	%		407			$	350,575			100.0	%
Total gross loan portfolio				$	4,473,095									$	3,949,122
% of NTM to total gross loan portfolio				16.1		%								8.9		%

Risk Categories for Loans and Leases

The following table presents the Company’s NTM Green Loans first lien portfolio at June 30, 2015 by FICO scores that were obtained during the quarter ended June 30, 2015, comparing to the FICO scores for those same loans that were obtained during the quarter ended December 31, 2014:

	By FICO Scores Obtained During the Quarter Ended June 30, 2015										By FICO Scores Obtained During the Quarter Ended December 31, 2014										Change
	Count			Amount				Percent			Count			Amount				Percent			Count			Amount				Percent
	($ in thousands)
June 30, 2015
FICO Score
800+	24			$	15,720			13.3	%		28			$	19,274			16.4	%		(4	)		$	(3,554	)		(3.1	)%
700-799	74			59,367				50.4	%		69			49,543				41.9	%		5			9,824				8.5	%
600-699	26			18,189				15.4	%		28			30,408				25.8	%		(2	)		(12,219		)		(10.4	)%
<600	7			7,848				6.7	%		8			11,867				10.1	%		(1	)		(4,019		)		(3.4	)%
No FICO	12			16,757				14.2	%		10			6,789				5.8	%		2			9,968				8.4	%
Totals	143			$	117,881			100.0	%		143			$	117,881			100.0	%		—			$	—			—	%

The table below represents the Company’s single family residential NTM first lien portfolio by loan-to-value ratio (LTV) as of the dates indicated:

	Green										Interest Only										Negative Amortization										Total
	Count			Amount				Percent			Count			Amount				Percent			Count			Amount				Percent			Count			Amount				Percent
	($ in thousands)
LTV’s (1)
June 30, 2015
< 61%	82			$	58,054			49.2	%		120			$	173,343			29.6	%		16			$	6,649			54.9	%		218			$	238,046			33.2	%
61-80%	36			42,145				35.8	%		277			377,324				64.5	%		11			4,508				37.2	%		324			423,977				59.3	%
81-100%	19			12,519				10.6	%		38			16,094				2.7	%		3			574				4.7	%		60			29,187				4.1	%
> 100%	6			5,163				4.4	%		59			18,676				3.2	%		1			386				3.2	%		66			24,225				3.4	%
Total	143			$	117,881			100.0	%		494			$	585,437			100.0	%		31			$	12,117			100.0	%		668			$	715,435			100.0	%
December 31, 2014
< 61%	77			$	58,856			47.8	%		60			$	93,254			44.7	%		15			$	6,023			46.0	%		152			$	158,133			45.8	%
61-80%	45			46,177				37.5	%		54			81,472				38.9	%		12			5,901				45.0	%		111			133,550				38.6	%
81-100%	18			11,846				9.6	%		33			14,927				7.1	%		4			781				6.0	%		55			27,554				8.0	%
> 100%	8			6,298				5.1	%		60			19,554				9.3	%		1			394				3.0	%		69			26,246				7.6	%
Total	148			$	123,177			100.0	%		207			$	209,207			100.0	%		32			$	13,099			100.0	%		387			$	345,483			100.0	%

(1) LTV represents estimated current loan to value ratio, determined by dividing current unpaid principal balance by latest estimated property value received per the Company policy.

The following table presents the risk categories for loans and leases as of June 30, 2015:

	June 30, 2015
	Pass				Special Mention				Substandard				Doubtful				Not-Rated				Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	581,334			$	12,097			$	4,123			$	—			$	—			$	597,554
Green Loans (HELOC) - first liens	99,179				398				18,006				298				—				117,881
Green Loans (HELOC) - second liens	4,773				—				—				—				—				4,773
Other consumer	113				—				—				—				—				113
Total NTM loans	685,399				12,495				22,129				298				—				720,321
Traditional loans and leases:
Commercial:
Commercial and industrial	746,236				3,065				21,811				—				—				771,112
Commercial real estate	774,529				10,041				11,572				—				—				796,142
Multi-family	680,912				4,778				11,078				—				—				696,768
SBA	53,107				—				759				—				—				53,866
Construction	32,022				—				—				—				—				32,022
Lease financing	129,492				138				1,559				—				—				131,189
Consumer:
Single family residential mortgage	833,492				18,593				21,422				—				—				873,507
Other consumer	131,696				61				39				—				—				131,796
Total traditional loans and leases	3,381,486				36,676				68,240				—				—				3,486,402
PCI loans:
Commercial:
Commercial and industrial	80				—				285				—				—				365
Commercial real estate	5,662				968				4,374				—				—				11,004
SBA	347				283				2,391				—				—				3,021
Consumer:
Single family residential mortgage	—				—				143				—				251,839				251,982
Total PCI loans	6,089				1,251				7,193				—				251,839				266,372
Total	$	4,072,974			$	50,422			$	97,562			$	298			$	251,839			$	4,473,095

The following table presents the risk categories for loans and leases as of December 31, 2014:

	December 31, 2014
	Pass				Special Mention				Substandard				Doubtful				Not-Rated				Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	219,747			$	279			$	2,280			$	—			$	—			$	222,306
Green Loans (HELOC) - first liens	104,640				399				18,138				—				—				123,177
Green Loans (HELOC) - second liens	4,770				—				209				—				—				4,979
Other consumer	113				—				—				—				—				113
Total NTM loans	329,270				678				20,627				—				—				350,575
Traditional loans and leases:
Commercial:
Commercial and industrial	477,319				117				12,330				—				—				489,766
Commercial real estate	943,645				14,281				30,404				—				—				988,330
Multi-family	932,438				6,684				16,561				—				—				955,683
SBA	32,171				—				827				—				—				32,998
Construction	42,198				—				—				—				—				42,198
Lease financing	85,613				36				100				—				—				85,749
Consumer:
Single family residential mortgage	569,871				10,395				14,834				—				—				595,100
Other consumer	161,701				85				40				—				—				161,826
Total traditional loans and leases	3,244,956				31,598				75,096				—				—				3,351,650
PCI loans:
Commercial:
Commercial and industrial	104				—				1,030				—				—				1,134
Commercial real estate	6,676				985				3,866				—				—				11,527
SBA	677				351				2,129				—				—				3,157
Consumer:
Single family residential mortgage	—				—				268				—				230,811				231,079
Total PCI loans	7,457				1,336				7,293				—				230,811				246,897
Total	$	3,581,683			$	33,612			$	103,016			$	—			$	230,811			$	3,949,122

Allowance for Loan and Lease Losses and Recorded Investment, Excluding Accrued Interest, in Loans

The following table presents a summary of activity in the allowance for loan and lease losses for the periods indicated:

	Three Months Ended June 30,								Six Months Ended June 30,
	2015				2014				2015				2014
	(In thousands)
Balance at beginning of period	$	29,345			$	20,003			$	29,480			$	18,805
Loans and leases charged off	(79		)		(383		)		(436		)		(586		)
Recoveries of loans and leases previously charged off	47				641				269				1,076
Transfer of loans from (to) held-for-sale	—				258				—				(705		)
Provision for loan and lease losses	5,474				2,108				5,474				4,037
Balance at end of period	$	34,787			$	22,627			$	34,787			$	22,627

The following table presents the activity and balance in the allowance for loan and lease losses and the recorded investment, excluding accrued interest, in loans and leases by portfolio segment and is based on the impairment method as of or for the three and six months ended June 30, 2015:

	Commercial and Industrial				Commercial Real Estate				Multi- family				SBA				Construction				Lease Financing				Single Family Residential Mortgage				Other Consumer				Unallocated				Total
	(In thousands)
Allowance for loan and lease losses:
Balance at March 31, 2015	$	6,484			$	3,904			$	7,164			$	566			$	695			$	1,195			$	6,960			$	2,013			$	364			$	29,345
Charge-offs	(23		)		—				—				(55		)		—				(1		)		—				—				—				(79		)
Recoveries	5				—				—				41				—				—				—				1				—				47
Provision	418				541				(3,484		)		122				(116		)		452				5,990				(328		)		1,879				5,474
Balance at June 30, 2015	$	6,884			$	4,445			$	3,680			$	674			$	579			$	1,646			$	12,950			$	1,686			$	2,243			$	34,787
Balance at December 31, 2014	$	6,910			$	3,840			$	7,179			$	335			$	846			$	873			$	7,192			$	2,305			$	—			$	29,480
Charge-offs	(33		)		(260		)		—				(55		)		—				(88		)		—				—				—				(436		)
Recoveries	8				132				3				113				—				—				—				13				—				269
Provision	(1		)		733				(3,502		)		281				(267		)		861				5,758				(632		)		2,243				5,474
Balance at June 30, 2015	$	6,884			$	4,445			$	3,680			$	674			$	579			$	1,646			$	12,950			$	1,686			$	2,243			$	34,787
Individually evaluated for impairment	$	253			$	—			$	—			$	—			$	—			$	—			$	433			$	—			$	—			$	686
Collectively evaluated for impairment	6,573				4,333				3,680				655				579				1,646				12,500				1,686				2,243				33,895
Acquired with deteriorated credit quality	58				112				—				19				—				—				17				—				—				206
Total ending allowance balance	$	6,884			$	4,445			$	3,680			$	674			$	579			$	1,646			$	12,950			$	1,686			$	2,243			$	34,787
Loans:
Individually evaluated for impairment	$	5,125			$	353			$	—			$	8			$	—			$	—			$	26,019			$	294			$	—			$	31,799
Collectively evaluated for impairment	765,987				795,789				696,768				53,858				32,022				131,189				1,562,923				136,388				—				4,174,924
Acquired with deteriorated credit quality	365				11,004				—				3,021				—				—				251,982				—				—				266,372
Total ending loan balances	$	771,477			$	807,146			$	696,768			$	56,887			$	32,022			$	131,189			$	1,840,924			$	136,682			$	—			$	4,473,095

The increase in ALLL on single family residential (SFR) mortgage loans was mainly due to SFR mortgage loans transferred from held for sale of $476.9 million. The decrease in ALLL on multi-family loans was mainly due to sales of $242.6 million of such loans and a higher composition of loans acquired at fair value through business acquisitions in multi-family loans. At June 30, 2015, a large portion of multi-family loans were acquired from the BPNA Branch Acquisition, which included purchase discounts that led to a lower level of ALLL.

The following table presents the activity and balance in the allowance for loan and lease losses and the recorded investment, excluding accrued interest, in loans and leases by portfolio segment and is based on the impairment method as of or for the three and six months ended June 30, 2014:

	Commercial and Industrial				Commercial Real Estate				Multi- family				SBA				Construction				Lease Financing				Single Family Residential Mortgage				Other Consumer				Unallocated				Total
	(In thousands)
Allowance for loan and lease losses:
Balance at March 31, 2014	$	2,367			$	6,449			$	2,720			$	211			$	352			$	622			$	6,147			$	782			$	353			$	20,003
Charge-offs	—				—				(3		)		—				—				—				(206		)		(174		)		—				(383		)
Recoveries	27				438				—				175				—				—				—				1				—				641
Transfer of loans to held-for-sale	—				—				—				—				—				—				258				—				—				258
Provision	613				(1,272		)		691				(125		)		893				108				1,090				463				(353		)		2,108
Balance at June 30, 2014	$	3,007			$	5,615			$	3,408			$	261			$	1,245			$	730			$	7,289			$	1,072			$	—			$	22,627
Balance at December 31, 2013	$	1,822			$	5,484			$	2,566			$	235			$	244			$	428			$	7,044			$	532			$	450			$	18,805
Charge-offs	—				—				(3		)		(17		)		—				—				(357		)		(209		)		—				(586		)
Recoveries	53				754				—				267				—				—				—				2				—				1,076
Transfer of loans to held-for-sale	—				—				—				—				—				—				(705		)		—				—				(705		)
Provision	1,132				(623		)		845				(224		)		1,001				302				1,307				747				(450		)		4,037
Balance at June 30, 2014	$	3,007			$	5,615			$	3,408			$	261			$	1,245			$	730			$	7,289			$	1,072			$	—			$	22,627
Individually evaluated for impairment	$	—			$	—			$	—			$	—			$	—			$	—			$	309			$	—			$	—			$	309
Collectively evaluated for impairment	3,007				5,615				3,408				261				1,245				730				6,659				1,072				—				21,997
Acquired with deteriorated credit quality	—				—				—				—				—				—				321				—				—				321
Total ending allowance balance	$	3,007			$	5,615			$	3,408			$	261			$	1,245			$	730			$	7,289			$	1,072			$	—			$	22,627
Loans:
Individually evaluated for impairment	$	4,507			$	3,148			$	1,651			$	6			$	—			$	—			$	26,413			$	211			$	—			$	35,936
Collectively evaluated for impairment	362,604				518,020				232,528				25,258				30,761				57,754				902,317				131,978				—				2,261,220
Acquired with deteriorated credit quality	1,429				14,576				—				3,420				—				—				284,083				1,549				—				305,057
Total ending loan balances	$	368,540			$	535,744			$	234,179			$	28,684			$	30,761			$	57,754			$	1,212,813			$	133,738			$	—			$	2,602,213

Loans and Leases Individually Evaluated for Impairment by Class of Loans and Leases

The following table presents loans and leases individually evaluated for impairment by class of loans and leases as of the dates indicated. The recorded investment, excluding accrued interest, presents customer balances net of any partial charge-offs recognized on the loans and leases and net of any deferred fees and costs.

	June 30, 2015												December 31, 2014
	Unpaid Principal Balance				Recorded Investment				Allowance for Loan and Lease Losses				Unpaid Principal Balance				Recorded Investment				Allowance for Loan and Lease Losses
	(In thousands)
With no related allowance recorded:
Commercial:
Commercial and industrial	$	—			$	—			$	—			$	4,803			$	4,708			$	—
Commercial real estate	1,220				353				—				1,910				1,017				—
Multi-family	—				—				—				1,747				1,594				—
SBA	22				8				—				24				6				—
Consumer:
Single family residential mortgage	21,527				20,748				—				15,729				15,131				—
Other consumer	294				294				—				507				503				—
With an allowance recorded:
Commercial:
Commercial and industrial	5,208				5,125				253				4,310				4,313				788
Consumer:
Single family residential mortgage	5,453				5,271				433				6,422				6,206				500
Total	$	33,724			$	31,799			$	686			$	35,452			$	33,478			$	1,288

The following table presents information on impaired loans and leases, disaggregated by class, for the periods indicated:

	Three Months Ended												Six Months Ended
	Average Recorded Investment				Interest Income Recognized				Cash Basis Interest Recognized				Average Recorded Investment				Interest Income Recognized				Cash Basis Interest Recognized
	(In thousands)
June 30, 2015
Commercial:
Commercial and industrial	$	5,197			$	68			$	64			$	6,698			$	187			$	194
Commercial real estate	363				7				7				373				17				17
Multi-family	—				—				—				790				13				15
SBA	9				—				—				8				—				—
Consumer:
Single family residential mortgage	26,111				210				210				23,989				389				386
Other consumer	294				2				2				294				4				5
Total	$	31,974			$	287			$	283			$	32,152			$	610			$	617
June 30, 2014
Commercial:
Commercial and industrial	$	4,315			$	60			$	50			$	2,158			$	60			$	50
Commercial real estate	3,220				63				60				3,319				112				117
Multi-family	1,662				40				19				1,673				53				32
SBA	8				—				—				4				—				—
Consumer:
Single family residential mortgage	26,630				191				226				18,450				256				291
Other consumer	212				1				1				213				2				2
Total	$	36,047			$	355			$	356			$	25,817			$	483			$	492

Composition of Nonaccrual Loans and Leases

The following table presents nonaccrual loans and leases, and loans past due 90 days or more and still accruing as of the dates indicated:

	June 30, 2015												December 31, 2014
	NTM Loans				Traditional Loans and Leases				Total				NTM Loans				Traditional Loans and Leases				Total
	(In thousands)
Loans past due 90 days or more and still accruing	$	—			$	—			$	—			$	—			$	—			$	—
Nonaccrual loans and leases:
The Company maintains specific allowances for these loans of $164 in 2015 and $478 in 2014	14,716				27,992				42,708				14,592				23,789				38,381

The following table presents the composition of nonaccrual loans and leases as of the dates indicated:

	June 30, 2015												December 31, 2014
	NTM Loans				Traditional Loans and Leases				Total				NTM Loans				Traditional Loans and Leases				Total
	(In thousands)
Commercial:
Commercial and industrial	$	—			$	3,732			$	3,732			$	—			$	7,143			$	7,143
Commercial real estate	—				680				680				—				1,017				1,017
Multi-family	—				854				854				—				1,834				1,834
SBA	—				338				338				—				285				285
Construction	—				—				—				—				—				—
Lease financing	—				924				924				—				100				100
Consumer:
Single family residential mortgage	4,123				21,425				25,548				2,049				13,370				15,419
Green Loans (HELOC) - first liens	10,593				—				10,593				12,334				—				12,334
Green Loans (HELOC) - second liens	—				—				—				209				—				209
Other consumer	—				39				39				—				40				40
Total nonaccrual loans and leases	$	14,716			$	27,992			$	42,708			$	14,592			$	23,789			$	38,381

Aging of Recorded Investment in Past Due Loans and Leases

The following table presents the aging of the recorded investment in past due loans and leases as of June 30, 2015, excluding accrued interest receivable (which is not considered to be material), by class of loans and leases:

	June 30, 2015
	30 - 59 Days Past Due				60 - 89 Days Past Due				Greater than 89 Days Past due				Total Past Due				Current				Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	5,637			$	170			$	4,014			$	9,821			$	587,733			$	597,554
Green Loans (HELOC) - first liens	8,072				2,222				—				10,294				107,587				117,881
Green Loans (HELOC) - second liens	—				—				—				—				4,773				4,773
Other consumer	—				—				—				—				113				113
Total NTM loans	13,709				2,392				4,014				20,115				700,206				720,321
Traditional loans and leases:
Commercial:
Commercial and industrial	1,053				14				169				1,236				769,876				771,112
Commercial real estate	2,900				358				—				3,258				792,884				796,142
Multi-family	335				—				—				335				696,433				696,768
SBA	30				—				230				260				53,606				53,866
Construction	—				—				—				—				32,022				32,022
Lease financing	447				243				924				1,614				129,575				131,189
Consumer:
Single family residential mortgage	18,509				6,698				17,491				42,698				830,809				873,507
Other consumer	132				—				27				159				131,637				131,796
Total traditional loans and leases	23,406				7,313				18,841				49,560				3,436,842				3,486,402
Purchased Credit Impaired (PCI) loans:
Commercial:
Commercial and industrial	—				—				184				184				181				365
Commercial real estate	—				—				691				691				10,313				11,004
SBA	372				191				619				1,182				1,839				3,021
Consumer:
Single family residential mortgage	13,257				3,531				7,154				23,942				228,040				251,982
Total PCI loans	13,629				3,722				8,648				25,999				240,373				266,372
Total	$	50,744			$	13,427			$	31,503			$	95,674			$	4,377,421			$	4,473,095

The following table presents the aging of the recorded investment in past due loans and leases as of December 31, 2014, excluding accrued interest receivable (which is not considered to be material), by class of loans and leases:

	December 31, 2014
	30 - 59 Days Past Due				60 - 89 Days Past Due				Greater than 89 Days Past due				Total Past Due				Current				Total
	(In thousands)
NTM loans:
Single family residential mortgage	$	1,415			$	165			$	2,049			$	3,629			$	218,677			$	222,306
Green Loans (HELOC) - first liens	8,853				—				437				9,290				113,887				123,177
Green Loans (HELOC) - second liens	294				—				209				503				4,476				4,979
Other consumer	—				—				—				—				113				113
Total NTM loans	10,562				165				2,695				13,422				337,153				350,575
Traditional loans and leases:
Commercial:
Commercial and industrial	79				37				3,370				3,486				486,280				489,766
Commercial real estate	2,237				—				—				2,237				986,093				988,330
Multi-family	1,072				208				—				1,280				954,403				955,683
SBA	82				—				254				336				32,662				32,998
Construction	—				—				—				—				42,198				42,198
Lease financing	1,055				36				100				1,191				84,558				85,749
Consumer:
Single family residential mortgage	17,185				7,878				10,411				35,474				559,626				595,100
Other consumer	9				89				5				103				161,723				161,826
Total traditional loans and leases	21,719				8,248				14,140				44,107				3,307,543				3,351,650
PCI loans:
Commercial:
Commercial and industrial	—				—				—				—				1,134				1,134
Commercial real estate	—				—				951				951				10,576				11,527
SBA	878				—				300				1,178				1,979				3,157
Consumer:
Single family residential mortgage	13,262				3,501				4,510				21,273				209,806				231,079
Total PCI loans	14,140				3,501				5,761				23,402				223,495				246,897
Total	$	46,421			$	11,914			$	22,596			$	80,931			$	3,868,191			$	3,949,122

Troubled Debt Restructurings

For the six months ended June 30, 2015, there were 2 modifications through bankruptcy discharges. There were no modifications for the three and six months ended June 30, 2014. The following table summarizes the pre-modification and post-modification balances of the new TDRs for the three and six months ended June 30, 2015:

	Three Months Ended											Six Months Ended
	Number of Loans			Pre- Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment				Number of Loans			Pre-Modification Outstanding Recorded Investment				Post-Modification Outstanding Recorded Investment
	($ in thousands)
June 30, 2015
Consumer:
Single family residential mortgage	—			$	—			$	—			2			$	1,430			$	1,430
Total	—			$	—			$	—			2			$	1,430			$	1,430

For the three and six months ended June 30, 2015 and 2014, there were no loans and leases that were modified as TDRs during the past 12 months that had payment defaults during the periods.

TDR loans and leases consist of the following as of the dates indicated:

	June 30, 2015												December 31, 2014
	NTM Loans				Traditional Loans				Total				NTM Loans				Traditional Loans				Total
	(In thousands)
Commercial:
Commercial real estate	$	—			$	—			$	—			$	—			$	—			$	—
SBA	—				8				8				—				6				6
Consumer:
Single family residential mortgage	—				4,495				4,495				—				4,269				4,269
Green Loans (HELOC) - first liens	4,542				—				4,542				3,442				—				3,442
Green Loans (HELOC) - second liens	294				—				294				294				—				294
Total	$	4,836			$	4,503			$	9,339			$	3,736			$	4,275			$	8,011

Carrying Amount of Purchased Credit Impaired Loans and Leases

The following table presents the outstanding balance and carrying amount of those loans and leases, which are sometimes collectively referred to as “PCI loans,” as of the dates indicated:

	June 30, 2015								December 31, 2014
	Outstanding Balance				Carrying Amount				Outstanding Balance				Carrying Amount
	(In thousands)
Commercial:
Commercial and industrial	$	443			$	365			$	1,767			$	1,134
Commercial real estate	13,012				11,004				13,708				11,527
SBA	4,021				3,021				4,220				3,157
Consumer:
Single family residential mortgage	301,291				251,982				283,067				231,079
Total	$	318,767			$	266,372			$	302,762			$	246,897

Accretable Yield, or Income Expected to be Collected

The following table presents a summary of accretable yield, or income expected to be collected for the periods indicated:

	Three Months Ended June 30,								Six Months Ended June 30,
	2015				2014				2015				2014
	(In thousands)
Balance at beginning of period	$	85,295			$	108,348			$	92,301			$	126,336
New loans or leases purchased	(74		)		—				(74		)		—
Accretion of income	(4,894		)		(6,615		)		(9,942		)		(13,784		)
Changes in expected cash flows	(128		)		27,595				(153		)		27,726
Disposals	(1,659		)		(2,486		)		(3,592		)		(13,436		)
Balance at end of period	$	78,540			$	126,842			$	78,540			$	126,842

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