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Loans and the Allowance for Loan Losses (Tables)
6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Loans held for sale [Table Text Block]

The following table presents loans held-for-sale by loan segment:

June 30, December 31,
      2017       2016
(dollars in thousands)
Commercial   $ 50,891 $ 70,105
Commercial real estate - 7,712
Residential real estate   233     188
Total carrying amount $        51,124 $        78,005
Activity in the valuation allowance [Table Text Block]

Activity in the valuation allowance was as follows for the following periods:

Three Months Three Months
Ended Ended
      June 30, 2017       June 30, 2016
(dollars in thousands)
Balance at beginning of period $ 2,600 $ -
Increase in valuation allowance 9,725 -
Balance at end of period $ 12,325 $ -
  
  
Six Months Six Months
Ended Ended
June 30, 2017 June 30, 2016
(dollars in thousands)
Balance at beginning of period $ - $ -
Increase in valuation allowance   12,325 -
Balance at end of period $ 12,325 $ -
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table sets forth the composition of the Company’s loan portfolio, including net deferred loan fees, at June 30, 2017 and December 31, 2016:

June 30, December 31,
      2017       2016
(dollars in thousands)
Commercial $ 610,442 $ 553,576
Commercial real estate 2,470,957 2,204,710
Commercial construction 431,050 486,228
Residential real estate 251,107 232,547
Consumer 2,005 2,380
Gross loans 3,765,561 3,479,441
Net deferred loan fees (3,989 ) (3,609 )
Total loans receivable $       3,761,572 $       3,475,832
Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block]

The Company holds purchased loans for which there was, at their acquisition date, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The recorded investment of those loans is as follows at June 30, 2017 and December 31, 2016.

June 30, December 31,
      2017       2016
  (dollars in thousands)
Commercial $ 7,951 $ 7,098
Commercial real estate 260 982
Total carrying amount $       8,211 $       8,080
Loans and Leases Receivable Purchased Loans [Table Text Block]

The accretable yield, or income expected to be collected, on the purchased credit-impaired loans above is as follows for the following periods:

Three Months Three Months
Ended Ended
      June 30, 2017       June 30, 2016
(dollars in thousands)
Balance at beginning of period   $ 2,674 $ 3,416
Accretion of income (178 ) (183 )
Balance at end of period $ 2,496 $ 3,233
  
  
Six Months Six Months
Ended Ended
June 30, 2017 June 30, 2016
(dollars in thousands)
Balance at beginning of period $ 2,860 $ 3,599
Accretion of income (364 ) (366 )
Balance at end of period $             2,496 $             3,233
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following tables presents nonaccrual loans included in loans receivable by loan segment as of the periods presented:

June 30, December 31,
      2017       2016
(dollars in thousands)
Commercial $ 1,351 $ 1,460
Commercial real estate 8,571     1,081
Residential real estate     4,133 3,193
Total loans receivable on nonaccrual status $        14,055 $       5,734
Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents information, excluding loans held-for-sale and net deferred loan fees, about the Company’s loan credit quality at June 30, 2017 and December 31, 2016:

June 30, 2017
Special
      Pass       Mention       Substandard       Doubtful       Total
(dollars in thousands)
Commercial $ 597,308 $ 3,062 $ 10,072 $ - $ 610,442
Commercial real estate   2,421,030 29,352 20,575 - 2,470,957
Commercial construction 425,713 2,816 2,521 - 431,050
Residential real estate 246,830 - 4,277 - 251,107
Consumer 1,953 - 52 - 2,005
Gross loans $      3,692,834 $      35,230 $      37,497 $ - $      3,765,561
   
   
December 31, 2016
Special
Pass Mention Substandard Doubtful Total
(dollars in thousands)
Commercial $ 539,961 $ 3,255 $ 10,360 $ - $ 553,576
Commercial real estate 2,154,343 31,173 19,194 - 2,204,710
Commercial construction 480,319 3,388 2,521 - 486,228
Residential real estate 228,990 - 3,557 - 232,547
Consumer 2,318 - 62 - 2,380
Gross loans $ 3,405,931 $ 37,816 $ 35,694 $ - $ 3,479,441
Impaired Financing Receivables [Table Text Block]

The following table provides an analysis of the impaired loans by segment as of June 30, 2017 and December 31, 2016:

June 30, 2017
Unpaid
Recorded Principal Related
      Investment       Balance       Allowance
No related allowance recorded (dollars in thousands)
Commercial $ 3,184 $ 3,197
Commercial real estate 15,380 15,405
Commercial construction 4,271 4,271
Residential real estate 1,192 1,401
Consumer 52 52
Total $        24,079 $        24,326
  
  
With an allowance recorded
Commercial real estate $ 1,926 $ 2,338 $ 162
  
   
Total
Commercial $ 3,184 $ 3,197 $ -
Commercial real estate 17,306 17,743 162
Commercial construction 4,271 4,271 -
Residential real estate 1,192 1,401 -
Consumer 52 52 -
Total (including allowance) $ 26,005 $ 26,664 $       162
 
 
December 31, 2016
Unpaid
Recorded Principal Related
Investment Balance Allowance
No related allowance recorded (dollars in thousands)
Commercial $ 3,637 $ 4,063
Commercial real estate 18,288 18,288
Commercial construction 5,909 5,909
Residential real estate 1,851 2,055
Consumer 62 62
Total $ 29,747 $ 30,377
 
  
With an allowance recorded
Commercial real estate $ 1,244 $ 1,244 $ 145
 
Total
Commercial $ 3,637 $ 4,063 $ -
Commercial real estate 19,532 19,532 145
Commercial construction 5,909 5,909 -
Residential real estate 1,851 2,055 -
Consumer 62 62 -
Total (including allowance) $ 30,991 $ 31,621 $ 145
Schedule of Average Balance and Interest Income Recognized on Impaired Loans [Table Text Block]

The following table provides an analysis related to the average recorded investment and interest income recognized on impaired loans by segment as of and for the three and six months ended June 30, 2017 and 2016:

Three Months Ended June 30, Six Months Ended June 30,
2017 2016 2017 2016
Average Interest Average Interest Average Interest Average Interest
Recorded Income Recorded Income Recorded Income Recorded Income
   Investment    Recognized    Investment    Recognized    Investment    Recognized    Investment    Recognized
(dollars in thousands)
Impaired loans (no allowance)
  
Commercial $ 3,209 $ 42 $ 2,370 $ 20 $ 3,230 $ 81 $ 2,337 $ 20
Commercial real estate 15,456 97 16,072 27 14,526 203 15,623 53
Commercial construction 4,263 69 1,426 16 4,266 152 1,911 33
Residential real estate 1,200 2 3,947 5 1,210 4 4,021 10
Consumer 54 - 79 1 56 1 82 2
Total $ 24,182 $ 210 $ 23,894 $ 69 $ 23,288 $ 441 $ 23,974 $ 118
  
Impaired loans (allowance):
  
Commercial $ - $ - $ 93,260 $ 784 $ - $ - $ 88,691 $ 1,522
Commercial real estate 1,933 33 153 - 1,941 38 153 -
Total $ 1,933 $ 33 $ 93,413 $ 784 $ 1,941 $ 38 $ 88,844   $ 1,522
  
Total impaired loans:
 
Commercial $ 3,209 $ 42 $ 95,630 $ 804 $ 3,230 $ 81 $ 91,028 $ 1,542
Commercial real estate   17,389   130     16,225 27   16,467 241 15,776 53
Commercial construction   4,263 69 1,426     16 4,266   152   1,911 33
Residential mortgage 1,200 2 3,947 5 1,210   4 4,021   10
Consumer 54 - 79 1 56 1 82 2
 
Total $ 26,115 $ 234 $ 117,307 $ 853 $ 25,229 $ 479 $ 112,818 $ 1,640
Past Due Financing Receivables [Table Text Block]

The following table provides an analysis of the aging of gross loans (excluding loans held-for-sale) that are past due at June 30, 2017 and December 31, 2016 by segment:

Aging Analysis

June 30, 2017
90 Days or
Greater Past Total Past
30-59 Days 60-89 Days Due and Still Due and
    Past Due     Past Due     Accruing     Nonaccrual     Nonaccrual     Current     Gross Loans
(dollars in thousands)
Commercial $ 454 $ 18 $ 5,551 $ 1,351 $ 7,374 $ 603,068 $ 610,442
                                           
Commercial real estate - - - 8,571 8,571 2,462,386 2,470,957
                                           
Commercial construction - 460 - - 460 430,590 431,050
                                           
Residential real estate - 745 - 4,133 4,878 246,229 251,107
                                           
Consumer 7 - - - 7 1,998 2,005
                                           
Total $ 461 $ 1,223 $ 5,551 $ 14,055 $ 21,290 $ 3,744,271 $ 3,765,561
  
    
December 31, 2016
90 Days or
Greater Past Total Past
30-59 Days 60-89 Days Due and Still Due and
Past Due Past Due Accruing Nonaccrual Nonaccrual Current Gross Loans
(dollars in thousands)
Commercial $ 475 $ 18 $ 4,630 $ 1,460 $ 6,583 $ 546,993 $ 553,576
                                           
Commercial real estate 4,928 1,584 663 1,081 8,256 2,196,454 2,204,710
                                           
Commercial construction - - - - - 486,228 486,228
                                           
Residential real estate   2,131 388   -     3,193   5,712     226,835   232,547
                                           
Consumer   -     -   - -     -   2,380   2,380
                                           
Total $ 7,534 $ 1,990 $ 5,293 $ 5,734 $ 20,551 $      3,458,890 $      3,479,441
Schedule of Recorded Investment in Financing Receivables [Table Text Block]

The following tables detail, at the period-end presented, the amount of gross loans (excluding loans held-for-sale) that are evaluated individually, and collectively, for impairment, those acquired with deteriorated quality, and the related portion of the allowance for loan losses (“ALLL”) that are allocated to each loan portfolio segment:

June 30, 2017
Commercial Commercial Residential
    Commercial     real estate     construction     real estate     Consumer     Unallocated     Total
(dollars in thousands)
ALLL
Individually evaluated for impairment $  - $ 162 $ - $ - $ - $ - $ 162
Collectively evaluated for impairment 7,238 14,227 4,241 985 2 546 27,239
Acquired portfolio - 1,000 - - - - 1,000
Acquired with deteriorated credit quality - - - - - - -
Total ALLL $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401
   
Gross loans
Individually evaluated for impairment $ 3,184 $ 17,306 $ 4,271 $ 1,192 $ 52 $ 26,005
Collectively evaluated for impairment 579,510 2,003,595 426,779 185,135 1,489 3,196,508
Acquired portfolio 19,797 449,796 - 64,780 464 534,837
Acquired with deteriorated credit quality 7,951 260 - - - 8,211
Total gross loans $ 610,442 $ 2,470,957 $ 431,050 $ 251,107 $ 2,005 $ 3,765,561
   
  December 31, 2016
Commercial Commercial Residential
Commercial real estate construction real estate Consumer Unallocated Total
(dollars in thousands)
ALLL
Individually evaluated for impairment $  - $ 145 $ - $ - $ - $ - $ 145
Collectively evaluated for impairment 6,632 12,438 4,789 958 3 779 25,599
Acquired portfolio - - - - - -   -
Acquired with deteriorated credit quality - - - - - - -
Total ALLL $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744
   
Gross loans
Individually evaluated for impairment $ 3,637 $ 19,532 $ 5,909 $ 1,851 $ 62   $ 30,991
Collectively evaluated for impairment 517,869   1,621,745   478,865   163,686 1,757     2,783,922
Acquired portfolio   24,972   562,451   1,454   67,010   561   656,448
Acquired with deteriorated credit quality 7,098 982 - -   - 8,080
Total gross loans $      553,576 $      2,204,710 $      486,228 $      232,547 $      2,380 $      3,479,441
Allowance for Credit Losses on Financing Receivables [Table Text Block]

A summary of the activity in the ALLL is as follows:

Three Months Ended June 30, 2017
Commercial   Commercial Residential
    Commercial     real estate     construction     real estate     Consumer     Unallocated     Total
(dollars in thousands)
Balance at March 31, 2017 $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901
                                                     
Charge-offs - - - - (10 ) - (10 )
                                                     
Recoveries 15 45 - - - - 60
                                                     
Provision 556 1,226 (333 ) (23 ) 9 15 1,450
                                                     
Balance at June 30, 2017 $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401
  
Three Months Ended June 30, 2016
Commercial Commercial Residential
Commercial real estate construction real estate Consumer Unallocated Total
(dollars in thousands)
Balance at March 31, 2016 $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074
                                                     
Charge-offs   (72 )   - -   -     (5 ) -   (77 )
                                                     
Recoveries   1     12   -     2   1       -   16  
                                                     
Provision 2,522 418   423 15 4 368 3,750
                                                     
Balance at June 30, 2016 $      15,548 $       11,371 $           4,040 $       1,091 $              4 $ 709 $       32,763

Six Months Ended June 30, 2017
Commercial Commercial Residential
   Commercial    real estate    construction    real estate    Consumer    Unallocated    Total
(dollars in thousands)
Balance at December 31, 2016 $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744
                                                         
Charge-offs - (71 ) - - (11 ) - (82 )
                                                         
Recoveries 141 48 - - - - 189
                                                         
Provision 465 2,829 (548 ) 27 10 (233 ) 2,550
                                                         
Balance at June 30, 2017 $ 7,238 $ 15,389 $           4,241 $ 985 $ 2 $ 546 $ 28,401
  
  
Six Months Ended June 30, 2016
Commercial Commercial Residential
Commercial real estate construction real estate Consumer Unallocated Total
(dollars in thousands)
Balance at December 31, 2015 $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572
                                                         
Charge-offs (517 ) - - (67 ) (5 ) - (589 )
                                                         
Recoveries 2 25 - 2 1 - 30  
                                                         
Provision 5,114 420 787 180 4 245   6,750
                                                         
Balance at June 30, 2016 $      15,548 $      11,371 $      4,040 $           1,091 $ 4 $ 709 $      32,763
Allowance for Loan and Lease Losses [Table Text Block]

The following table presents a rollforward of TDRs and the related changes to the allowance for loan losses (“ALLL”) that occurred for the periods presented:

Six Months Ended Year Ended
June 30, 2017 December 31, 2016
(dollars in thousands)
Recorded Recorded
Investment         ALLL         Investment         ALLL
Troubled Debt Restructurings
 
Beginning balance $      13,818 $                - $      86,629 $      4,500
Additions 3,079 - 26,325 8,250
Payoffs/paydowns (1,226 ) - (2,616 ) -
Transfers (580 ) - (96,520 ) -
Other - - - (12,750 )
Ending balance $ 15,091 $ - $ 13,818 $ -
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]

The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2016 (dollars in thousands):

Pre-Modification Post-Modification
        Outstanding         Outstanding
Number of Recorded Recorded
Loans Investment Investment
        Troubled debt restructurings: (dollars in thousands)
  Commercial 12 $      12,018 $      12,018
Commercial real estate 1 575 575
Commercial construction - - -
Residential real estate - - -
Consumer - - -
  
Total 13 $ 12,593 $ 12,593