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Loans and Loans Held for Sale (Tables)
 6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
Schedule of Composition of Loans The following table indicates the composition of loans as of the dates presented:
(dollars in thousands)
June 30, 2019
 
December 31, 2018
Commercial
 
 
 
Commercial real estate
$
2,906,895

 
$
2,921,832

Commercial and industrial
1,559,727

 
1,493,416

Commercial construction
267,203

 
257,197

Total Commercial Loans
4,733,825

 
4,672,445

Consumer
 
 
 
Residential mortgage
751,355

 
726,679

Home equity
464,195

 
471,562

Installment and other consumer
72,041

 
67,546

Consumer construction
11,784

 
8,416

Total Consumer Loans
1,299,375

 
1,274,203

Total Portfolio Loans
6,033,200

 
5,946,648

Loans held for sale
8,135

 
2,371

Total Loans
$
6,041,335

 
$
5,949,019
Schedule of Restructured Loans for Periods Presented
The following table summarizes restructured loans as of the dates presented:
 
June 30, 2019
 
December 31, 2018
(dollars in thousands)
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
 
Performing
TDRs
 
Nonperforming
TDRs
 
Total
TDRs
Commercial real estate
$
3,519

 
$
5,600

 
$
9,119

 
$
2,054

 
$
1,139

 
$
3,193

Commercial and industrial
9,671

 
980

 
10,651

 
7,026

 
6,646

 
13,672

Commercial construction
1,913

 
406

 
2,319

 
1,912

 
406

 
2,318

Residential mortgage
1,997

 
1,497

 
3,494

 
2,214

 
1,543

 
3,757

Home equity
3,577

 
1,458

 
5,035

 
3,568

 
1,349

 
4,917

Installment and other consumer
13

 
3

 
16

 
12

 
5

 
17

Total
$
20,690

 
$
9,944

 
$
30,634

 
$
16,786

 
$
11,088

 
$
27,874


The following tables present the restructured loans by loan segment and by type of concession for the three and six months ended June 30, 2019 and 2018:
 
Three Months Ended June 30, 2019
 
Three Months Ended June 30, 2018
(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

 
$
1,322

 
$
1,311

 
$
(11
)
 
—

 
$
—

 
$
—

 
$
—

Maturity date extension and interest rate reduction
1

 
151

 
148

 
(3
)
 
—

 
—

 
—

 
—

Principal forgiveness
1

 
4,690

 
4,631

 
(59
)
 
—

 
—

 
—

 
—

Total Commercial Real Estate
3

 
6,163

 
6,090

 
(73
)
 
—

 
—

 
—

 
—

Commercial and Industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Principal deferral
—

 
—

 
—

 
—

 
3

 
4,815

 
5,034

 
219

Total Commercial and Industrial
—

 
—

 
—

 
—

 
3

 
4,815

 
5,034

 
219

Residential Mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
2

 
116

 
115

 
(1
)
 
1

 
41

 
41

 
—

Total Residential Mortgage
2

 
116

 
115

 
(1
)
 
1

 
41

 
41

 
—

Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
6

 
107

 
105

 
(2
)
 
2

 
26

 
26

 
—

Interest rate reduction
1

 
109

 
108

 
(1
)
 
—

 
—

 
—

 
—

Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
2

 
47

 
47

 
—

Total Home Equity
7

 
216

 
214

 
(3
)
 
4

 
73

 
73

 
—

Installment and Other Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Chapter 7 bankruptcy(2)
2

 
9

 
9

 
—

 
2

 
8

 
7

 
(1
)
Total Installment and Other Consumer
2

 
$
9

 
$
9

 
$
—

 
2

 
$
8

 
$
7

 
$
(1
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Maturity date extension
1


$
1,322


$
1,311


$
(11
)

—


$
—


$
—

 
$
—

Chapter 7 bankruptcy(2)
10


232


229

 
(3
)
 
5


75


74

 
(1
)
Maturity date extension and interest rate reduction
1


151


148


(3
)

2


47


47

 
—

Principal deferral
—


—


—


—


3


4,815


5,034

 
219

Interest rate reduction
1

 
109

 
108

 
—

 
—


—


—


—

Principal forgiveness
1


4,690


4,631


(59
)

—


—


—

 
—

Total
14

 
$
6,504

 
$
6,427

 
$
(76
)
 
10

 
$
4,937

 
$
5,155

 
$
218

(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.



 
Six Months Ended June 30, 2019
 
Six Months Ended June 30, 2018
(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
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment(1)
 
Post-Modification
Outstanding
Recorded
Investment(1)
Totals by Loan Segment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
$
1,322

 
$
1,311

 
$
(11
)
 
—

 
$
—

 
$
—

 
$
—

Maturity date extension and interest rate reduction
1

 
151

 
148

 
(3
)
 
—

 
—

 
—

 
—

Principal forgiveness
1

 
4,690

 
4,631

 
(59
)
 
—

 
—

 
—

 
—

Total Commercial Real Estate
3

 
6,163

 
6,090

 
(73
)
 
—

 
—

 
—

 
—

Commercial and Industrial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
—

 
—

 
—

 
—

 
2

 
768

 
582

 
(186
)
Maturity date extension and interest rate reduction
1

 
4,751

 
4,529

 
(222
)
 
—

 
—

 
—

 
—

Principal deferral
—

 
—

 
—

 
—

 
3

 
4,815

 
5,034

 
219

Principal deferral and Maturity date extension
—

 
—

 
—

 
—

 
6

 
5,355

 
5,229

 
(126
)
Total Commercial and Industrial
1

 
4,751

 
4,529

 
(222
)
 
11

 
10,938

 
10,845

 
(93
)
Residential Mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
3

 
166

 
163

 
(3
)
 
3

 
199

 
196

 
(3
)
Total Residential Mortgage
3

 
166

 
163

 
(3
)
 
3

 
199

 
196

 
(3
)
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
13

 
298

 
268

 
(30
)
 
11

 
605

 
574

 
(31
)
Interest rate reduction
2

 
190

 
189

 
(1
)
 
—

 
—

 
—

 
—

Maturity date extension and interest rate reduction
—

 
—

 
—

 
—

 
2

 
47

 
47

 
—

Total Home Equity
15

 
488

 
457

 
(31
)
 
13

 
652

 
621

 
(31
)
Installment and Other Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Chapter 7 bankruptcy(2)
3

 
9

 
9

 
—

 
4

 
25

 
23

 
(2
)
Total Installment and Other Consumer
3

 
$
9

 
$
9

 
$
—

 
4

 
25

 
$
23

 
$
(2
)
Totals by Concession Type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturity date extension
1

 
1,322

 
1,311

 
(11
)
 
2


768


582

 
(186
)
Maturity date extension and interest rate reduction
2

 
4,902

 
4,677

 
(225
)
 
2


47

 
47

 
—

Principal deferral
—

 
—

 
—

 
—

 
3


4,815


5,034

 
219

Principal deferral and Maturity date extension
—

 
—

 
—

 
—

 
6

 
5,355

 
5,229

 
(126
)
Chapter 7 bankruptcy(2)
19

 
473

 
440

 
(33
)
 
18


829


793

 
(36
)
Interest rate reduction
2

 
190

 
189

 
—

 
—


—


—

 
—

Principal forgiveness
1

 
4,690

 
4,631

 
(59
)
 
—

 
—

 
4,690

 
4,690

Total
25

 
$
11,577

 
$
11,248

 
$
(328
)
 
31

 
$
11,814

 
$
16,375

 
$
4,561

(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.
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)
June 30, 2019
 
 
December 31, 2018
 
Nonperforming Assets
 
 
 
 
 
Nonaccrual loans
 
$
35,083

 
 
$
34,985

Nonaccrual TDRs
 
9,944

 
 
11,088

Total Nonaccrual Loans
 
45,027

 
 
46,073

OREO
 
1,495

 
 
3,092

Total Nonperforming Assets
 
$
46,522

 
 
$
49,165