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Loans and Loans Held for Sale (Tables)
9 Months Ended
Sep. 30, 2018
Receivables [Abstract]  
Schedule of Composition of Loans
The following table indicates the composition of loans as of the dates presented:
(dollars in thousands)
September 30, 2018
 
December 31, 2017
Commercial

 

Commercial real estate
$
2,826,372

 
$
2,685,994

Commercial and industrial
1,451,371

 
1,433,266

Commercial construction
283,783

 
384,334

Total Commercial Loans
4,561,526

 
4,503,594

Consumer

 

Residential mortgage
699,867

 
698,774

Home equity
472,451

 
487,326

Installment and other consumer
67,542

 
67,204

Consumer construction
6,421

 
4,551

Total Consumer Loans
1,246,281

 
1,257,855

Total Portfolio Loans
5,807,807

 
5,761,449

Loans held for sale
4,207

 
4,485

Total Loans
$
5,812,014

 
$
5,765,934

Schedule of Restructured Loans for Periods Presented
The following tables present the restructured loans by loan segment and by type of concession for the three and nine months ended September 30, 2018 and 2017:
 
Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
(dollars in thousands)
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
(1)
 
Post-Modification
Outstanding
Recorded
Investment
(1)
 
Total  Difference
in Recorded
Investment
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
(1)
 
Post-Modification
Outstanding
Recorded
Investment
(1)
 
Total  Difference
in Recorded
Investment
Totals by Loan Segment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
$
256

 
$
250

 
$
(6
)
 
1

 
$
400

 
$
400

 
$

Total Commercial Real Estate
1

 
256

 
250

 
(6
)
 
1

 
400

 
400

 

Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Maturity date extension

 

 

 

 
1

 
274

 
816

 
542

Total Commercial and Industrial

 

 

 

 
1

 
274

 
816

 
542

Residential Mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
2

 
188

 
186

 
(2
)
 
1

 
148

 

 
(148
)
Total Residential Mortgage
2

 
188

 
186

 
(2
)
 
1

 
148

 

 
(148
)
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
6

 
193

 
191

 
(2
)
 
4

 
72

 
70

 
(2
)
Total Home Equity
6

 
193

 
191

 
(2
)
 
4

 
72

 
70

 
(2
)
Installment and other consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
1

 
12

 
6

 
(6
)
 
8

 
200

 
185

 
(15
)
Total Installment and Other Consumer
1

 
12

 
6

 
(6
)
 
8

 
200

 
185

 
(15
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Maturity date extension
1

 
256

 
250

 
(6
)
 
2

 
674

 
1,216

 
542

Chapter 7 bankruptcy(2)
9


393


383

 
(10
)
 
13


420


255

 
(165
)
Total
10

 
$
649

 
$
633

 
$
(16
)
 
15

 
$
1,094

 
$
1,471

 
$
377

(1) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.
(2) Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.

 
Nine Months Ended September 30, 2018
 
Nine Months Ended September 30, 2017
(dollars in thousands)
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
(1)
 
Post-Modification
Outstanding
Recorded
Investment
(1)
 
Total  Difference
in Recorded
Investment
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
(1)
 
Post-Modification
Outstanding
Recorded
Investment
(1)
 
Total  Difference
in Recorded
Investment
Totals by Loan Segment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
$
256

 
$
250

 
$
(6
)
 
1

 
$
400

 
$
400

 
$

Principal deferral

 

 

 

 
1

 
100

 
100

 

Total Commercial Real Estate
1

 
256

 
250

 
(6
)
 
2

 
500

 
500

 

Commercial and industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
2

 
768

 
657

 
(111
)
 
1

 
274

 
816

 
542

Maturity date extension and interest rate reduction

 

 

 

 
2

 
1,799

 
1,799

 

Principal deferral
3

 
4,815

 
4,466

 
(349
)
 
1

 
429

 
429

 

Principal deferral and maturity date extension
6

 
5,355

 
5,225

 
(130
)
 

 

 

 

Total Commercial and Industrial
11

 
10,938

 
10,348

 
(590
)
 
4

 
2,502

 
3,044

 
542

Residential mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
5

 
387

 
380

 
(7
)
 
2

 
181

 
32

 
(149
)
Total Residential Mortgage
5

 
387

 
380

 
(7
)
 
2

 
181

 
32

 
(149
)
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
17

 
798

 
668

 
(130
)
 
13

 
380

 
375

 
(5
)
Maturity date extension

 

 

 

 
1

 
231

 
231

 

Maturity date extension and interest rate reduction
2

 
47

 
47

 

 
1

 
173

 
120

 
(53
)
Total Home Equity
19


845


715

 
(130
)
 
15

 
784

 
726

 
(58
)
Installment and other consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
1

 
12

 
6

 
(6
)
 
10

 
237

 
220

 
(17
)
Total Installment and Other Consumer
1

 
12

 
6

 
(6
)
 
10

 
237

 
220

 
(17
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
3


1,024


907


(117
)
 
3


905


1,447

 
542

Principal deferral
3


4,815


4,466


(349
)
 
2

 
529

 
529

 

Principal deferral and maturity date extension
6

 
5,355

 
5,225

 
(130
)
 

 

 

 

Maturity date extension and interest rate reduction
2

 
47

 
47

 

 
3

 
1,972

 
1,919

 
(53
)
Chapter 7 bankruptcy(2)
23

 
1,197

 
1,054

 
(143
)
 
25

 
798

 
627

 
(171
)
Total
37

 
$
12,438

 
$
11,699

 
$
(739
)
 
33

 
$
4,204

 
$
4,522

 
$
318

(1) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.
(2) Chapter 7 bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.
The following table summarizes restructured loans as of the dates presented:
 
September 30, 2018
 
December 31, 2017
(dollars in thousands)
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
 
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
Commercial real estate
$
2,095

 
$
1,152

 
$
3,247

 
$
2,579

 
$
967

 
$
3,546

Commercial and industrial
11,874

 
2,260

 
14,134

 
3,946

 
3,197

 
7,143

Commercial construction
2,400

 
408

 
2,808

 
2,420

 
2,413

 
4,833

Residential mortgage
2,229

 
1,913

 
4,142

 
2,039

 
3,585

 
5,624

Home equity
3,612

 
1,404

 
5,016

 
3,885

 
979

 
4,864

Installment and other consumer
16

 
6

 
22

 
32

 
9

 
41

Total
$
22,226

 
$
7,143

 
$
29,369

 
$
14,901

 
$
11,150

 
$
26,051

Schedule of Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
 
 
Nonperforming Assets
(dollars in thousands)
September 30, 2018
 
 
December 31, 2017
 
Nonperforming Assets
 
 
 
 
 
Nonaccrual loans
 
$
13,596

 
 
$
12,788

Nonaccrual TDRs
 
7,143

 
 
11,150

Total Nonaccrual Loans
 
20,739

 
 
23,938

OREO
 
3,068

 
 
469

Total Nonperforming Assets
 
$
23,807

 
 
$
24,407