Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2016

Loans and Leases Receivable Disclosure [Abstract]

Loans and Leases at December 31, 2016 and December 31, 2015 were as follows:



	December 31, 2016								December 31, 2015
(in thousands)	Originated			Acquired		Total Loans and Leases			Originated			Acquired		Total Loans and Leases
Commercial and industrial
Agriculture	$	118,247		$	0	$	118,247		$	88,299		$	0	$	88,299
Commercial and industrial other	847,055			79,317		926,372			768,024			84,810		852,834
Subtotal commercial and industrial	965,302			79,317		1,044,619			856,323			84,810		941,133
Commercial real estate
Construction	135,834			8,936		144,770			103,037			4,892		107,929
Agriculture	102,509			267		102,776			86,935			2,095		89,030
Commercial real estate other	1,431,690			241,605		1,673,295			1,167,250			284,952		1,452,202
Subtotal commercial real estate	1,670,033			250,808		1,920,841			1,357,222			291,939		1,649,161
Residential real estate
Home equity	209,277			37,737		247,014			202,578			42,092		244,670
Mortgages	947,378			25,423		972,801			823,841			27,491		851,332
Subtotal residential real estate	1,156,655			63,160		1,219,815			1,026,419			69,583		1,096,002
Consumer and other
Indirect	14,835			0		14,835			17,829			0		17,829
Consumer and other	44,393			826		45,219			40,904			911		41,815
Subtotal consumer and other	59,228			826		60,054			58,733			911		59,644
Leases	16,650					16,650			14,861			0		14,861
Covered loans	0			0		0			0			14,031		14,031
Total loans and leases	3,867,868			394,111		4,261,979			3,313,558			461,274		3,774,832
Less: unearned income and deferred costs and fees	(3,946		)	0		(3,946		)	(2,790		)	0		(2,790		)
Total loans and leases, net of unearned income and deferred costs and fees	$	3,863,922		$	394,111	$	4,258,033		$	3,310,768		$	461,274	$	3,772,042

Schedule of outstanding principal and carrying amount of loans acquired

The outstanding principal balance and the related carrying amount of the Company’s loans acquired in the VIST Acquisition were as follows at December 31:



(in thousands)	2016		2015
Acquired Credit Impaired Loans
Outstanding principal balance	$	26,237	$	32,752
Carrying amount	22,517		26,507

Acquired Non-Credit Impaired Loans
Outstanding principal balance	375,471		439,389
Carrying amount	371,594		434,767

Total Acquired Loans
Outstanding principal balance	401,708		472,141
Carrying amount	394,111		461,274

Schedule of the change in the accretable yield

The following tables present changes in accretable yield on loans acquired from VIST Bank that were considered credit impaired.



(in thousands)
Balance at January 1, 2015	$	8,604
Accretion	(2,696		)
Disposals (loans paid in full)	(331		)
Reclassifications to/from nonaccretable difference	1,215
Balance at December 31, 2015	$	6,792



(in thousands)
Balance at January 1, 2016	$	6,792
Accretion	(2,290		)
Disposals (loans paid in full)	0
Reclassifications to/from nonaccretable difference¹	1,768
Balance at December 31, 2016	$	6,270

¹Results in increased interest income as a prospective yield adjustment over the remaining life of the loans, as well as increased interest income from loan sales, modification and prepayments.

Schedule of age analysis of past due loans

The below table is an aging analysis of past due loans, segregated by originated and acquired loan and lease portfolios, and by class of loans, as of December 31, 2016 and 2015.



December 31, 2016
(in thousands)	30-89 days		90 days or more		Current Loans			Total Loans			90 days and accruing¹		Nonaccrual
Originated Loans and Leases
Commercial and industrial
Agriculture	$	0	$	0	$	118,247		$	118,247		$	0	$	0
Commercial and industrial other	1,312		281		845,462			847,055			0		526
Subtotal commercial and industrial	1,312		281		963,709			965,302			0		526
Commercial real estate
Construction	0		0		135,834			135,834			0		0
Agriculture	17		0		102,492			102,509			0		162
Commercial real estate other	2,546		3,071		1,426,073			1,431,690			0		5,988
Subtotal commercial real estate	2,563		3,071		1,664,399			1,670,033			0		6,150
Residential real estate
Home equity	433		1,954		206,890			209,277			0		2,016
Mortgages	1,749		3,244		942,385			947,378			0		5,442
Subtotal residential real estate	2,182		5,198		1,149,275			1,156,655			0		7,458
Consumer and other
Indirect	444		376		14,015			14,835			0		166
Consumer and other	193		8		44,192			44,393			0		0
Subtotal consumer and other	637		384		58,207			59,228			0		166
Leases	0		0		16,650			16,650			0		0
Total loans and leases	6,694		8,934		3,852,240			3,867,868			0		14,300
Less: unearned income and deferred costs and fees	0		0		(3,946		)	(3,946		)	0		0
Total originated loans and leases, net of unearned income and deferred costs and fees	$	6,694	$	8,934	$	3,848,294		$	3,863,922		$	0	$	14,300
Acquired Loans and Leases
Commercial and industrial
Commercial and industrial other	$	12	$	87	$	79,218		$	79,317		$	40	$	212
Subtotal commercial and industrial	12		87		79,218			79,317			40		212
Commercial real estate
Construction	0		0		8,936			8,936			0		0
Agriculture	0		0		267			267			0		0
Commercial real estate other	1,461		3,952		236,192			241,605			1,402		2,926
Subtotal commercial real estate	1,461		3,952		245,395			250,808			1,402		2,926
Residential real estate
Home equity	251		637		36,849			37,737			185		663
Mortgages	829		1,651		22,943			25,423			930		940
Subtotal residential real estate	1,080		2,288		59,792			63,160			1,115		1,603
Consumer and other
Consumer and other	0		0		826			826			0		0
Subtotal consumer and other	0		0		826			826			0		0
Total acquired loans and leases, net of unearned income and deferred costs and fees	$	2,553	$	6,327	$	385,231		$	394,111		$	2,557	$	4,741

¹ Includes acquired loans that were recorded at fair value at the acquisition date.



December 31, 2015
(in thousands)	30-89 days		90 days or more		Current Loans			Total Loans			90 days and accruing¹		Nonaccrual
Originated loans and leases
Commercial and industrial
Agriculture	$	0	$	0	$	88,299		$	88,299		$	0	$	0
Commercial and industrial other	507		867		766,650			768,024			0		1,091
Subtotal commercial and industrial	507		867		854,949			856,323			0		1,091
Commercial real estate
Construction	0		0		103,037			103,037			0		0
Agriculture	0		0		86,935			86,935			0		106
Commercial real estate other	225		3,580		1,163,445			1,167,250			0		4,365
Subtotal commercial real estate	225		3,580		1,353,417			1,357,222			0		4,471
Residential real estate
Home equity	729		1,868		199,981			202,578			58		1,873
Mortgages	1,161		5,140		817,540			823,841			0		5,889
Subtotal residential real estate	1,890		7,008		1,017,521			1,026,419			58		7,762
Consumer and other
Indirect	494		250		17,085			17,829			0		107
Consumer and other	164		0		40,740			40,904			0		75
Subtotal consumer and other	658		250		57,825			58,733			0		182
Leases	0		0		14,861			14,861			0		0
Total loans and leases	3,280		11,705		3,298,573			3,313,558			58		13,506
Less: unearned income and deferred costs and fees	0		0		(2,790		)	(2,790		)	0		0
Total originated loans and leases, net of unearned income and deferred costs and fees	$	3,280	$	11,705	$	3,295,783		$	3,310,768		$	58	$	13,506
Acquired loans and leases
Commercial and industrial
Commercial and industrial other	$	20	$	936	$	83,854		$	84,810		$	338	$	647
Subtotal commercial and industrial	20		936		83,854			84,810			338		647
Commercial real estate
Construction	0		359		4,533			4,892			0		359
Agriculture	0		0		2,095			2,095			0		0
Commercial real estate other	150		1,671		283,131			284,952			550		1,224
Subtotal commercial real estate	150		2,030		289,759			291,939			550		1,583
Residential real estate
Home equity	426		364		41,302			42,092			0		712
Mortgages	336		1,926		25,229			27,491			1,103		1,389
Subtotal residential real estate	762		2,290		66,531			69,583			1,103		2,101
Consumer and other
Consumer and other	1		0		910			911			0		0
Subtotal consumer and other	1		0		910			911			0		0
Covered loans	276		524		13,231			14,031			524		0
Total acquired loans and leases, net of unearned income and deferred costs and fees	$	1,209	$	5,780	$	454,285		$	461,274		$	2,515	$	4,331

¹Includes acquired loans that were recorded at fair value at the acquisition date.