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Loans and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2017
Receivables [Abstract]  
Schedule of loans, net of unamortized net deferred fees

Loans, net of unamortized net deferred fees, at December 31, 2017 and 2016 are summarized by type as follows:

 

    December 31, 2017   December 31, 2016  
(dollars in thousands)   Amount   %   Amount   %  
Commercial   $ 1,375,939   21 % $ 1,200,728   21 %
Income producing - commercial real estate   3,047,094   48 % 2,509,517   44 %
Owner occupied - commercial real estate   755,444   12 % 640,870   12 %
Real estate mortgage - residential   104,357   2 % 152,748   3 %
Construction - commercial and residential   973,141   15 % 932,531   16 %
Construction - C&I (owner occupied)   58,691   1 % 126,038   2 %
Home equity   93,264   1 % 105,096   2 %
Other consumer   3,598   —   10,365   —  
Total loans   6,411,528   100 % 5,677,893   100 %
Less: allowance for credit losses   (64,758 )     (59,074 )    
Net loans   $ 6,346,770       $ 5,618,819      
Schedule of detail activity in the allowance for credit losses by portfolio segment

The following tables detail activity in the allowance for credit losses by portfolio segment for the years ended December 31, 2017 and 2016. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

 

        Income Producing -   Owner Occupied -   Real Estate   Construction -              
        Commercial   Commercial   Mortgage   Commercial and   Home   Other      
(dollars in thousands)   Commercial   Real Estate   Real Estate   Residential   Residential   Equity   Consumer   Total  
For the Year Ended December 31, 2017                                  
Allowance for credit losses:                                  
Balance at beginning of period   $ 14,700   $ 21,105   $ 4,010   $ 1,284   $ 16,487   $ 1,328   $ 160   $ 59,074  
Loans charged-off   (747 ) (1,470 ) —   —   (2,158 ) (100 ) (100 ) (4,575 )
Recoveries of loans previously charged-off   681   80   3   6   492   5   21   1,288  
Net loans charged-off   (66 ) (1,390 ) 3   6   (1,666 ) (95 ) (79 ) (3,287 )
Provision for credit losses   (1,532 ) 5,661   1,921   (346 ) 3,671   (463 ) 59   8,971  
Ending balance   $ 13,102   $ 25,376   $ 5,934   $ 944   $ 18,492   $ 770   $ 140   $ 64,758  
For the Year Ended December 31, 2017                                  
Allowance for credit losses:                                  
Individually evaluated for impairment   $ 3,259   $ 2,380   $ 1,382   $ —   $ 500   $ —   $ 80   $ 7,601  
Collectively evaluated for impairment   9,843   22,996   4,552   944   17,992   770   60   57,157  
Ending balance   $ 13,102   $ 25,376   $ 5,934   $ 944   $ 18,492   $ 770   $ 140   $ 64,758  
                                   
For the Year Ended December 31, 2016                                  
Allowance for credit losses:                                  
Balance at beginning of period   $ 11,563   $ 14,122   $ 3,279   $ 1,268   $ 21,088   $ 1,292   $ 75   $ 52,687  
Loans charged-off   (3,745 ) (2,341 ) —   —   —   (217 ) (37 ) (6,340 )
Recoveries of loans previously charged-off   220   908   3   7   215   12   31   1,396  
Net loans charged-off   (3,525 ) (1,433 ) 3   7   215   (205 ) (6 ) (4,944 )
Provision for credit losses   6,662   8,416   728   9   (4,816 ) 241   91   11,331  
Ending balance   $ 14,700   $ 21,105   $ 4,010   $ 1,284   $ 16,487   $ 1,328   $ 160   $ 59,074  
For the Year Ended December 31, 2016                                  
Allowance for credit losses:                                  
Individually evaluated for impairment   $ 2,671   $ 1,943   $ 350   $ —   $ 522   $ —   $ 113   $ 5,599  
Collectively evaluated for impairment   12,029   19,162   3,660   1,284   15,965   1,328   47   53,475  
Ending balance   $ 14,700   $ 21,105   $ 4,010   $ 1,284   $ 16,487   $ 1,328   $ 160   $ 59,074  
Schedule of recorded investment in loans

The Company’s recorded investments in loans as of December 31, 2017 and December 31, 2016 related to each balance in the allowance for loan losses by portfolio segment and disaggregated on the basis of the Company’s impairment methodology was as follows:

 

        Income Producing -   Owner occupied -   Real Estate   Construction -              
        Commercial   Commercial   Mortgage   Commercial and   Home   Other      
(dollars in thousands)   Commercial   Real Estate   Real Estate   Residential   Residential   Equity   Consumer   Total  
                                   
December 31, 2017                                  
Recorded investment in loans:                                  
Individually evaluated for impairment   $ 8,726   $ 10,192   $ 5,501   $ 478   $ 4,709   $ 494   $ 91   $ 30,191  
Collectively evaluated for impairment   1,367,213   3,036,902   749,943   103,879   1,027,123   92,770   3,507   6,381,337  
Ending balance   $ 1,375,939   $ 3,047,094   $ 755,444   $ 104,357   $ 1,031,832   $ 93,264   $ 3,598   $ 6,411,528  
                                   
December 31, 2016                                  
Recorded investment in loans:                                  
Individually evaluated for impairment   $ 10,437   $ 15,057   $ 2,093   $ 241   $ 6,517   $ —   $ 126   $ 34,471  
Collectively evaluated for impairment   1,190,291   2,494,460   638,777   152,507   1,052,052   105,096   10,239   5,643,422  
Ending balance   $ 1,200,728   $ 2,509,517   $ 640,870   $ 152,748   $ 1,058,569   $ 105,096   $ 10,365   $ 5,677,893  
Schedule of loans by class and credit quality indicators

The following table presents by class and by credit quality indicator, the recorded investment in the Company’s loans and leases as of December 31, 2017 and 2016.

 

        Watch and           Total  
(dollars in thousands)   Pass   Special Mention   Substandard   Doubtful   Loans  
                       
December 31, 2017                      
Commercial   $ 1,333,050   $ 34,163   $ 8,726   $ —   $ 1,375,939  
Income producing - commercial real estate   3,033,046   3,856   10,192   —   3,047,094  
Owner occupied - commercial real estate   696,754   53,189   5,501   —   755,444  
Real estate mortgage — residential   103,220   659   478   —   104,357  
Construction - commercial and residential   1,027,123   —   4,709   —   1,031,832  
Home equity   92,084   686   494   —   93,264  
Other consumer   3,505   2   91   —   3,598  
Total   $ 6,288,782   $ 92,555   $ 30,191   $ —   $ 6,411,528  
                       
December 31, 2016                      
Commercial   $ 1,160,185   $ 30,106   $ 10,437   $ —   $ 1,200,728  
Income producing - commercial real estate   2,489,407   5,053   15,057   —   2,509,517  
Owner occupied - commercial real estate   630,827   7,950   2,093   —   640,870  
Real estate mortgage — residential   151,831   676   241   —   152,748  
Construction - commercial and residential   1,051,445   607   6,517   —   1,058,569  
Home equity   103,484   1,612   —   —   105,096  
Other consumer   10,237   2   126   —   10,365  
Total   $ 5,597,416   $ 46,006   $ 34,471   $ —   $ 5,677,893  
Schedule of information related to nonaccrual loans by class

The following table presents, by class of loan, information related to nonaccrual loans as of December 31, 2017 and 2016.

 

           
(dollars in thousands)   December 31, 2017   December 31, 2016  
           
Commercial   $ 3,493   $ 2,490  
Income producing - commercial real estate   832   10,539  
Owner occupied - commercial real estate   5,501   2,093  
Real estate mortgage - residential   775   555  
Construction - commercial and residential   2,052   2,072  
Home equity   494   —  
Other consumer   91   126  
Total nonaccrual loans (1)(2)   $ 13,238   $ 17,875  

 

(1)  Excludes troubled debt restructurings (“TDRs”) that were performing under their restructured terms totaling $12.3 million at December 31, 2017, and $7.9 million at December 31, 2016.

(2)  Gross interest income of $939 thousand and $1.2 million would have been recorded in 2017 and 2016, respectively, if nonaccrual loans shown above had been current and in accordance with their original terms, while interest actually recorded on such loans were $101 thousand and $48 thousand at December 31, 2017 and 2016, respectively. See Note 1 to the Consolidated Financial Statements for a description of the Company’s policy for placing loans on nonaccrual status.

 
Schedule of past due loans

The following table presents, by class of loan, an aging analysis and the recorded investments in loans past due as of December 31, 2017 and 2016.

 

    Loans   Loans   Loans           Total Recorded  
    30-59 Days   60-89 Days   90 Days or   Total Past   Current   Investment in  
(dollars in thousands)   Past Due   Past Due   More Past Due   Due Loans   Loans   Loans  
                           
December 31, 2017                          
Commercial   $ 2,705   $ 748   $ 3,493   $ 6,946   $ 1,368,993   $ 1,375,939  
Income producing - commercial real estate   4,398   6,930   832   12,160   3,034,934   3,047,094  
Owner occupied - commercial real estate   522   3,906   5,501   9,929   745,515   755,444  
Real estate mortgage — residential   6,993   1,244   775   9,012   95,345   104,357  
Construction - commercial and residential   —   5,268   2,052   7,320   1,024,512   1,031,832  
Home equity   307   —   494   801   92,463   93,264  
Other consumer   45   6   91   142   3,456   3,598  
Total   $ 14,970   $ 18,102   $ 13,238   $ 46,310   $ 6,365,218   $ 6,411,528  
                           
December 31, 2016                          
Commercial   $ 1,634   $ 757   $ 2,490   $ 4,881   $ 1,195,847   $ 1,200,728  
Income producing - commercial real estate   511   —   10,539   11,050   2,498,467   2,509,517  
Owner occupied - commercial real estate   3,987   3,328   2,093   9,408   631,462   640,870  
Real estate mortgage — residential   1,015   163   555   1,733   151,015   152,748  
Construction - commercial and residential   360   1,342   2,072   3,774   1,054,795   1,058,569  
Home equity   —   —   —   —   105,096   105,096  
Other consumer   101   9   126   236   10,129   10,365  
Total   $ 7,608   $ 5,599   $ 17,875   $ 31,082   $ 5,646,811   $ 5,677,893  
Schedule of impaired loans

The following table presents, by class of loan, information related to impaired loans for the years ended December 31, 2017 and 2016.

 

    Unpaid   Recorded   Recorded                          
    Contractual   Investment   Investment   Total       Average Recorded Investment   Interest Income Recognized  
    Principal   With No   With   Recorded   Related   Quarter   Year   Quarter   Year  
(dollars in thousands)   Balance   Allowance   Allowance   Investment   Allowance   To Date   To Date   To Date   To Date  
                                       
December 31, 2017                                      
Commercial   $ 5,644   $ 1,777   $ 3,748   $ 5,525   $ 3,259   $ 5,764   $ 5,765   $ 48   $ 145  
Income producing - commercial real estate   10,044   781   9,263   10,044   2,380   10,068   10,127   120   493  
Owner occupied - commercial real estate   6,596   1,095   5,501   6,596   1,382   6,743   5,210   27   73  
Real estate mortgage — residential   775   775   —   775   —   538   423   17   17  
Construction - commercial and residential   2,052   1,534   518   2,052   500   3,491   3,731   (14 ) —  
Home equity   494   494   —   494   —   544   346   —   2  
Other consumer   91   —   91   91   80   92   93   —   —  
Total   $ 25,696   $ 6,456   $ 19,121   $ 25,577   $ 7,601   $ 27,240   $ 25,695   $ 198   $ 730  
                                       
December 31, 2016                                      
Commercial   $ 8,296   $ 2,532   $ 3,095   $ 5,627   $ 2,671   $ 12,620   $ 12,755   $ 79   $ 191  
Income producing - commercial real estate   14,936   5,048   9,888   14,936   1,943   16,742   17,533   54   198  
Owner occupied - commercial real estate   2,483   1,691   792   2,483   350   2,233   2,106   —   13  
Real estate mortgage — residential   555   555   —   555   —   246   249   —   —  
Construction - commercial and residential   2,072   1,535   537   2,072   522   5,091   5,174   —   —  
Home equity   —   —   —   —   —   78   89   —   —  
Other consumer   126   —   126   126   113   42   32   2   4  
Total   $ 28,468   $ 11,361   $ 14,438   $ 25,799   $ 5,599   $ 37,052   $ 37,938   $ 135   $ 406  
Schedule of loans modified in troubled debt restructurings

The following table presents, by class, the recorded investment of loans modified in TDRs held by the Company during the years ended December 31, 2017 and 2016.

 

    For the Year Ended December 31, 2017  
    Number of       Income Producing -   Owner Occupied -   Construction -      
(dollars in thousands)   Contracts   Commercial   Commercial Real Estate   Commercial Real Estate   Commercial Real Estate   Total  
Troubled debt restructings                          
                           
Restructured accruing   9   $ 2,032   $ 9,212   $ 1,095   $ —   $ 12,339  
Restructured nonaccruing   5   867   121   —   —   988  
Total   14   $ 2,899   $ 9,333   $ 1,095   $ —   $ 13,327  
                           
Specific allowance       $ 595   $ 2,350   $ —   $ —   $ 2,945  
                           
Restructured and subsequently defaulted       $ 237   $ —   $ —   $ —   $ 237  

 

    For the Year Ended December 31, 2016  
    Number of       Income Producing -   Owner Occupied -   Construction -      
(dollars in thousands)   Contracts   Commercial   Commercial Real Estate   Commercial Real Estate   Commercial Real Estate   Total  
Troubled debt restructings                          
                           
Restructured accruing   7   $ 3,137   $ 4,397   $ 390   $ —   $ 7,924  
Restructured nonaccruing   3   434   —   —   4,933   5,367  
Total   10   $ 3,571   $ 4,397   $ 390   $ 4,933   $ 13,291  
                           
Specific allowance       $ 855   $ 920   $ —   $ —   $ 1,775  
                           
Restructured and subsequently defaulted       $ —   $ —   $ —   $ —   $ —  
Schedule of changes in the credit mark accretable yield

The following table presents changes in the credit mark accretable yield, which includes income recognized from contractual interest cash flows, for the dates indicated.

 

(dollars in thousands)   2017   2016  
Balance at January 1,   $ (4,444 ) $ (6,008 )
Net reclassifications from nonaccretable yield   —   —  
Accretion   1,985   1,564  
Balance at December 31,   $ (2,459 ) $ (4,444 )
Schedule of activity in related party loans

The following table summarizes changes in amounts of loans outstanding, both direct and indirect, to those persons during 2017 and 2016.

 

(dollars in thousands)   2017   2016  
Balance at January 1,   $ 52,570   $ 29,949  
Additions   44,221   31,158  
Repayments   (35,886 ) (8,537 )
Balance at December 31,   $ 60,905   $ 52,570