Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Age Analysis of Past Due Loans Segregated by Class of Loans

The following tables present the age analysis of past due loans segregated by class of loans as of the dates presented:



	June 30, 2019
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Non - performing		Total Past Due Loans		Total Loans
Commercial real estate	$	2,875,439	$	1,456	$	1,217	$	28,783	$	31,456	$	2,906,895
Commercial and industrial	1,554,081		606		910		4,130		5,646		1,559,727
Commercial construction	265,977		—		—		1,226		1,226		267,203
Residential mortgage	741,453		1,900		1,220		6,782		9,902		751,355
Home equity	457,296		2,555		264		4,081		6,900		464,195
Installment and other consumer	71,808		126		81		25		232		72,041
Consumer construction	11,784		—		—		—		—		11,784
Loans held for sale	8,135		—		—		—		—		8,135
Total	$	5,985,973	$	6,643	$	3,692	$	45,027	$	55,362	$	6,041,335



	December 31, 2018
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Non - performing		Total Past Due Loans		Total Loans
Commercial real estate	$	2,903,997	$	3,638	$	2,145	$	12,052	$	17,835	$	2,921,832
Commercial and industrial	1,482,473		1,000		983		8,960		10,943		1,493,416
Commercial construction	243,004		—		—		14,193		14,193		257,197
Residential mortgage	717,447		1,584		520		7,128		9,232		726,679
Home equity	465,152		2,103		609		3,698		6,410		471,562
Installment and other consumer	67,281		148		75		42		265		67,546
Consumer construction	8,416		—		—		—		—		8,416
Loans held for sale	2,371		—		—		—		—		2,371
Total	$	5,890,141	$	8,473	$	4,332	$	46,073	$	58,878	$	5,949,019

Schedule of Recorded Investment in Commercial Loan Classes by Internally Assigned Risk Ratings

The following tables present the recorded investment in commercial loan classes by internally assigned risk ratings as of the dates presented:



	June 30, 2019
(dollars in thousands)	Commercial Real Estate		% of Total		Commercial and Industrial		% of Total		Commercial Construction		% of Total		Total		% of Total
Pass	$	2,750,338	94.6	%	$	1,483,519	95.1	%	$	256,351	95.9	%	$	4,490,208	94.9	%
Special mention	63,993		2.2	%	34,527		2.2	%	7,189		2.7	%	105,708		2.2	%
Substandard	92,564		3.2	%	41,681		2.7	%	3,664		1.4	%	137,909		2.9	%
Total	$	2,906,895	100.0	%	$	1,559,727	100.0	%	$	267,203	100.0	%	$	4,733,825	100.0	%

	December 31, 2018
(dollars in thousands)	Commercial Real Estate		% of Total		Commercial and Industrial		% of Total		Commercial Construction		% of Total		Total		% of Total
Pass	$	2,776,292	95.0	%	$	1,394,427	93.4	%	$	233,190	90.7	%	$	4,403,909	94.3	%
Special mention	54,627		1.9	%	25,368		1.7	%	7,349		2.8	%	87,344		1.8	%
Substandard	90,913		3.1	%	73,621		4.9	%	16,658		6.5	%	181,192		3.9	%
Total	$	2,921,832	100.0	%	$	1,493,416	100.0	%	$	257,197	100.0	%	$	4,672,445	100.0	%

Schedule of Recorded Investment in Consumer Loan Classes by Performing and Nonperforming Status

The following tables present the recorded investment in consumer loan classes by performing and nonperforming status as of the dates presented:



	June 30, 2019
(dollars in thousands)	Residential Mortgage		% of Total		Home Equity		% of Total		Installment and Other Consumer		% of Total		Consumer Construction		% of Total		Total		% of Total
Performing	$	744,573	99.1	%	$	460,114	99.1	%	$	72,016	100.0	%	$	11,784	100.0	%	$	1,288,487	99.2	%
Nonperforming	6,782		0.9	%	4,081		0.9	%	25		—	%	—		—	%	10,888		0.8	%
Total	$	751,355	100.0	%	$	464,195	100.0	%	$	72,041	100.0	%	$	11,784	100.0	%	$	1,299,375	100.0	%

	December 31, 2018
(dollars in thousands)	Residential Mortgage		% of Total		Home Equity		% of Total		Installment and Other Consumer		% of Total		Consumer Construction		% of Total		Total		% of Total
Performing	$	719,551	99.0	%	$	467,864	99.2	%	$	67,504	99.9	%	$	8,416	100.0	%	$	1,263,335	99.1	%
Nonperforming	7,128		1.0	%	3,698		0.8	%	42		0.1	%	—		—	%	10,868		0.9	%
Total	$	726,679	100.0	%	$	471,562	100.0	%	$	67,546	100.0	%	$	8,416	100.0	%	$	1,274,203	100.0	%

Schedule of Investments in Loans Considered to be Impaired and Related Information on Impaired Loans

The following table summarizes investments in loans considered to be impaired and related information on those impaired loans as of the dates presented:



	June 30, 2019						December 31, 2018
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
With a related allowance recorded:
Commercial real estate	$	7,703	$	7,703	$	1,530	$	7,733	$	7,733	$	1,295
Commercial and industrial	834		761		204		884		893		360
Commercial construction	490		489		157		489		489		87
Consumer real estate	666		666		307		15		14		10
Other consumer	13		14		14		11		12		11
Total with a Related Allowance Recorded	9,706		9,633		2,212		9,132		9,141		1,763
Without a related allowance recorded:
Commercial real estate	21,592		24,894		—		3,636		4,046		—
Commercial and industrial	9,817		12,550		—		12,788		14,452		—
Commercial construction	2,318		3,828		—		15,286		19,198		—
Consumer real estate	7,863		8,415		—		8,659		9,635		—
Other consumer	3		9		—		5		18		—
Total without a Related Allowance Recorded	41,593		49,696		—		40,374		47,349		—
Total:
Commercial real estate	29,295		32,597		1,530		11,369		11,779		1,295
Commercial and industrial	10,651		13,311		204		13,672		15,345		360
Commercial construction	2,808		4,317		157		15,775		19,687		87
Consumer real estate	8,529		9,081		307		8,674		9,649		10
Other consumer	16		23		14		16		30		11
Total	$	51,299	$	59,329	$	2,212	$	49,506	$	56,490	$	1,763

The following tables summarize average recorded investment in and interest income recognized on loans considered to be impaired for the periods presented:



	Three Months Ended
	June 30, 2019				June 30, 2018
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With a related allowance recorded:
Commercial real estate	$	7,703	$	—	$	—	$	—
Commercial and industrial	758		13		—		—
Commercial construction	489		—		—		—
Consumer real estate	666		—		—		—
Other consumer	16		—		38		1
Total with a Related Allowance Recorded	9,633		13		38		1
Without a related allowance recorded:
Commercial real estate	21,802		77		3,609		54
Commercial and industrial	7,568		131		8,060		210
Commercial construction	2,319		48		3,443		33
Consumer real estate	7,952		93		9,483		118
Other consumer	3		—		10		—
Total without a Related Allowance Recorded	39,643		349		24,605		415
Total:
Commercial real estate	29,505		77		3,609		54
Commercial and industrial	8,326		144		8,060		210
Commercial construction	2,808		48		3,443		33
Consumer real estate	8,618		93		9,483		118
Other consumer	19		—		48		1
Total	$	49,276	$	362	$	24,643	$	416



	Six Months Ended
	June 30, 2019				June 30, 2018
(dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With a related allowance recorded:
Commercial real estate	$	7,704	$	—	$	—	$	—
Commercial and industrial	772		26		—		—
Commercial construction	489		—		—		—
Consumer real estate	666		—		—		—
Other consumer	18		1		40		2
Total with a Related Allowance Recorded	9,649		27		40		2
Without a related allowance recorded:
Commercial real estate	22,093		124		3,712		85
Commercial and industrial	5,329		189		7,796		218
Commercial construction	2,319		83		3,445		73
Consumer real estate	7,979		188		10,128		253
Other consumer	4		—		11		—
Total without a Related Allowance Recorded	37,723		584		25,092		629
Total:
Commercial real estate	29,797		124		3,712		85
Commercial and industrial	6,101		215		7,796		218
Commercial construction	2,808		83		3,445		73
Consumer real estate	8,645		188		10,128		253
Other consumer	22		1		51		2
Total	$	47,373	$	611	$	25,132	$	631

Schedule of Summary of Allowance for Loan Losses

The following tables detail activity in the ALL for the periods presented:



	Three Months Ended June 30, 2019
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	34,903		$	11,996		$	6,757		$	6,178		$	1,575		$	61,409
Charge-offs	(528		)	(1,435		)	—			(247		)	(457		)	(2,667		)
Recoveries	6			91			2			344			89			532
Net Recoveries/(Charge-offs)	(522		)	(1,344		)	2			97			(368		)	(2,135		)
Provision for loan losses	(1,545		)	2,575			495			296			384			2,205
Balance at End of Period	$	32,836		$	13,227		$	7,254		$	6,571		$	1,591		$	61,479


	Three Months Ended June 30, 2018
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	30,963		$	10,472		$	10,721		$	5,418		$	1,472		$	59,046
Charge-offs	(237		)	(7,392		)	(321		)	(268		)	(414		)	(8,632		)
Recoveries	185			362			1			85			125			758
Net Recoveries/(Charge-offs)	(52		)	(7,030		)	(320		)	(183		)	(289		)	(7,874		)
Provision for loan losses	321			7,432			1,275			6			311			9,345
Balance at End of Period	$	31,232		$	10,874		$	11,676		$	5,241		$	1,494		$	60,517


	Six Months Ended June 30, 2019
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	33,707		$	11,596		$	7,983		$	6,187		$	1,523		$	60,996
Charge-offs	(529		)	(6,912		)	—			(410		)	(840		)	(8,691		)
Recoveries	128			508			3			492			189			1,320
Net (Charge-offs)/Recoveries	(401		)	(6,404		)	3			82			(651		)	(7,371		)
Provision for loan losses	(470		)	8,035			(732		)	302			719			7,854
Balance at End of Period	$	32,836		$	13,227		$	7,254		$	6,571		$	1,591		$	61,479


	Six Months Ended June 30, 2018
(dollars in thousands)	Commercial Real Estate			Commercial and Industrial			Commercial Construction			Consumer Real Estate			Other Consumer			Total Loans
Balance at beginning of period	$	27,235		$	8,966		$	13,167		$	5,479		$	1,543		$	56,390
Charge-offs	(232		)	(8,222		)	(321		)	(429		)	(872		)	(10,076		)
Recoveries	228			480			1,130			323			225			2,386
Net Charge-offs	(4		)	(7,742		)	809			(106		)	(647		)	(7,690		)
Provision for loan losses	4,001			9,650			(2,300		)	(132		)	598			11,817
Balance at End of Period	$	31,232		$	10,874		$	11,676		$	5,241		$	1,494		$	60,517

Schedule of Summary of Allowance for Loan Losses and Recorded Investments

The following tables present the ALL and recorded investments in loans by category as of the periods presented:



	June 30, 2019
	Allowance for Loan Losses						Portfolio Loans
(dollars in thousands)	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Commercial real estate	$	1,530	$	31,306	$	32,836	$	29,295	$	2,877,600	$	2,906,895
Commercial and industrial	204		13,023		13,227		10,651		1,549,076		1,559,727
Commercial construction	157		7,097		7,254		2,808		264,395		267,203
Consumer real estate	307		6,264		6,571		8,529		1,218,805		1,227,334
Other consumer	14		1,577		1,591		16		72,025		72,041
Total	$	2,212	$	59,267	$	61,479	$	51,299	$	5,981,901	$	6,033,200

	December 31, 2018
	Allowance for Loan Losses						Portfolio Loans
(dollars in thousands)	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Commercial real estate	$	1,295	$	32,412	$	33,707	$	11,369	$	2,910,463	$	2,921,832
Commercial and industrial	360		11,236		11,596		13,672		1,479,744		1,493,416
Commercial construction	87		7,896		7,983		15,775		241,422		257,197
Consumer real estate	10		6,177		6,187		8,674		1,197,983		1,206,657
Other consumer	11		1,512		1,523		16		67,530		67,546
Total	$	1,763	$	59,233	$	60,996	$	49,506	$	5,897,142	$	5,946,648