XML 66 R47.htm IDEA: XBRL DOCUMENT v3.20.4
Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2020
Allowance for Credit Losses [Abstract]  
Gross Loan and Allowance for Credit Losses

 

Year Ended December 31, 2020

 

Commercial

 

Mortgage

 

Consumer

 

Auto

 

Total

 

(In thousands)

Non-PCD:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

25,993

 

$

8,727

 

$

18,446

 

$

31,878

 

$

85,044

Impact of ASC 326 adoption

 

3,562

 

 

10,980

 

 

8,418

 

 

16,238

 

 

39,198

Provision for credit losses

 

18,462

 

 

258

 

 

16,579

 

 

51,233

 

 

86,532

Charge-offs

 

(4,979)

 

 

(884)

 

 

(21,772)

 

 

(48,547)

 

 

(76,182)

Recoveries

 

2,741

 

 

606

 

 

3,582

 

 

19,494

 

 

26,423

Balance at end of year

$

45,779

 

$

19,687

 

$

25,253

 

$

70,296

 

$

161,015

PCD:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

8,893

 

$

21,655

 

$

-

 

$

947

 

$

31,495

Impact of ASC 326 adoption

 

42,143

 

 

7,830

 

 

181

 

 

368

 

 

50,522

Provision for credit losses

 

480

 

 

6,392

 

 

126

 

 

187

 

 

7,185

Charge-offs

 

(36,097)

 

 

(10,342)

 

 

(542)

 

 

(2,023)

 

 

(49,004)

Recoveries

 

986

 

 

854

 

 

292

 

 

1,464

 

 

3,596

Balance at end of year

$

16,405

 

$

26,389

 

$

57

 

$

943

 

$

43,794

Total allowance for credit losses at end of year

$

62,184

 

$

46,076

 

$

25,310

 

$

71,239

 

$

204,809

 

Year ended December 31, 2019

 

Mortgage

 

Commercial

 

Consumer

 

Auto and Leasing

 

Total

 

(In thousands)

Allowance for loan and lease losses, excluding loans accounted for under ASC 310-30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

19,783

 

$

30,348

 

$

17,476

 

$

29,643

 

$

97,250

Provision (recapture) for credit losses

 

5,975

 

 

6,731

 

 

19,038

 

 

30,789

 

 

62,533

Charge-offs

 

(18,564)

 

 

(12,196)

 

 

(20,435)

 

 

(47,498)

 

 

(98,693)

Recoveries

 

1,533

 

 

1,110

 

 

2,367

 

 

18,944

 

 

23,954

Balance at end of year

$

8,727

 

$

25,993

 

$

18,446

 

$

31,878

 

$

85,044

Allowance for loan and lease losses for acquired loans accounted for under ASC 310-30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

30,607

 

$

30,226

 

$

4

 

$

6,144

 

$

66,981

Provision (recapture) for credit losses

 

23,703

 

 

13,484

 

 

-

 

 

(2,928)

 

 

34,259

Allowance de-recognition

 

(32,655)

 

 

(34,817)

 

 

(4)

 

 

(2,269)

 

 

(69,745)

Balance at end of year

$

21,655

 

$

8,893

 

$

-

 

$

947

 

$

31,495

Total allowance for loan and lease losses at end of year

$

30,382

 

$

34,886

 

$

18,446

 

$

32,825

 

$

116,539

 

Year Ended December 31, 2018

 

Mortgage

 

Commercial

 

Consumer

 

Auto and Leasing

 

Total

 

(In thousands)

Allowance for loan and lease losses, excluding loans accounted for under ASC 310-30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

20,439

 

$

30,300

 

$

19,679

 

$

26,162

 

$

96,580

Provision (recapture) for credit losses

 

3,594

 

 

6,159

 

 

15,648

 

 

26,363

 

 

51,764

Charge-offs

 

(5,297)

 

 

(6,788)

 

 

(20,088)

 

 

(43,057)

 

 

(75,230)

Recoveries

 

1,047

 

 

677

 

 

2,237

 

 

20,175

 

 

24,136

Balance at end of year

$

19,783

 

$

30,348

 

$

17,476

 

$

29,643

 

$

97,250

Allowance for loan and lease losses for acquired loans accounted for under ASC 310-30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

29,272

 

$

33,674

 

$

22

 

$

7,961

 

$

70,929

Provision (recapture) for credit losses

 

3,137

 

 

2,121

 

 

(18)

 

 

(887)

 

 

4,353

Allowance de-recognition

 

(1,802)

 

 

(5,569)

 

 

-

 

 

(930)

 

 

(8,301)

Balance at end of year

$

30,607

 

$

30,226

 

$

4

 

$

6,144

 

$

66,981

Total allowance for loan and lease losses at end of year

$

50,390

 

$

60,574

 

$

17,480

 

$

35,787

 

$

164,231

 

December 31, 2019

 

Mortgage

 

Commercial

 

Consumer

 

Auto and Leasing

 

Total

 

(In thousands)

Allowance for loan and lease losses, excluding loans accounted for under ASC 310-30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending allowance balance attributable

to loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

6,874

 

$

8,217

 

$

-

 

$

-

 

$

15,091

Collectively evaluated for impairment

 

1,853

 

 

17,776

 

 

18,446

 

 

31,878

 

 

69,953

Total ending allowance balance

$

8,727

 

$

25,993

 

$

18,446

 

$

31,878

 

$

85,044

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

71,196

 

$

61,128

 

$

-

 

$

-

 

$

132,324

Collectively evaluated for impairment

 

506,220

 

 

1,608,507

 

 

382,432

 

 

1,277,867

 

 

3,775,026

Total ending loan balance

$

577,416

 

$

1,669,635

 

$

382,432

 

$

1,277,867

 

$

3,907,350