Loans and the Allowance for Loan and Lease Losses (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
| Receivables [Abstract] |
|
| Loans held for sale [Table Text Block] |
The following table presents loans held-for-sale
by loan segment:
| |
|
2016 |
|
|
2015 |
|
| |
|
(in thousands) |
|
| Commercial |
|
$ |
70,105 |
|
|
$ |
- |
|
| Commercial real estate |
|
|
7,712 |
|
|
|
|
|
| Residential mortgage loans |
|
|
188 |
|
|
|
- |
|
| Total carrying amount |
|
$ |
78,005 |
|
|
$ |
- |
|
|
| Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
The following table sets forth the composition
of the Company’s loan portfolio segments, including net deferred fees, at December 31, 2016 and 2015, respectively:
| |
|
2016 |
|
2015 |
|
| |
|
(in thousands) |
|
| Commercial |
|
$ |
553,576 |
|
$ |
570,116 |
|
| Commercial real estate |
|
|
2,204,710 |
|
|
1,966,696 |
|
| Commercial construction |
|
|
486,228 |
|
|
328,838 |
|
| Residential real estate |
|
|
232,547 |
|
|
233,690 |
|
| Consumer |
|
|
2,380 |
|
|
2,454 |
|
| Gross loans |
|
|
3,479,441 |
|
|
3,101,794 |
|
| Net deferred (fees) |
|
|
(3,609) |
|
|
(2,787) |
|
| Total loans receivable |
|
$ |
3,475,832 |
|
$ |
3,099,007 |
|
|
| Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block] |
The carrying amount of those loans
is as follows at December 31, 2016 and December 31, 2015.
| |
|
2016 |
|
|
2015 |
|
| |
|
(in thousands) |
|
| Commercial |
|
$ |
7,098 |
|
|
$ |
7,078 |
|
| Commercial real estate |
|
|
982 |
|
|
|
1,775 |
|
| Commercial construction |
|
|
- |
|
|
|
- |
|
| Residential real estate |
|
|
- |
|
|
|
328 |
|
| Consumer |
|
|
- |
|
|
|
- |
|
| Total carrying amount |
|
$ |
8,080 |
|
|
$ |
9,181 |
|
|
| 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 at December 31, 2016 and December 31, 2015.
| |
|
2016 |
|
|
2015 |
|
| |
|
(in thousands) |
|
| Balance at beginning of period |
|
$ |
3,599 |
|
|
$ |
4,805 |
|
| New loans purchased |
|
|
- |
|
|
|
- |
|
| Accretion of income |
|
|
(739) |
|
|
|
(1,206) |
|
| Reclassifications from nonaccretable difference |
|
|
- |
|
|
|
- |
|
| Disposals |
|
|
- |
|
|
|
- |
|
| Balance at end of period |
|
$ |
2,860 |
|
|
$ |
3,599 |
|
|
| Schedule of Financing Receivables, Non Accrual Status [Table Text Block] |
The following table presents nonaccrual loans included in loans receivable by loan segment as of the periods presented.
| |
|
2016 |
|
|
2015 |
|
| |
|
(in thousands) |
|
| Commercial |
|
$ |
1,460 |
|
|
$ |
6,586 |
|
| Commercial real estate |
|
|
1,081 |
|
|
|
9,112 |
|
| Commercial construction |
|
|
- |
|
|
|
1,479 |
|
| Residential real estate |
|
|
3,193 |
|
|
|
3,559 |
|
| Total loans receivable on nonaccrual status |
|
$ |
5,734 |
|
|
$ |
20,736 |
|
|
| Financing Receivable Credit Quality Indicators [Table Text Block] |
Credit Quality Indicators
| | |
December 31, 2016 | |
| | |
Pass | | |
Special Mention | | |
Substandard | | |
Doubtful | | |
Total | |
| | |
(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 | |
| Total loans | |
$ | 3,405,931 | | |
$ | 37,816 | | |
$ | 35,694 | | |
$ | - | | |
$ | 3,479,441 | |
| | |
December 31, 2015 | |
| | |
Pass | | |
Special Mention | | |
Substandard | | |
Doubtful | | |
Total | |
| | |
(in thousands) | |
| Commercial | |
$ | 462,358 | | |
$ | 11,760 | | |
$ | 95,998 | | |
$ | - | | |
$ | 570,116 | |
| Commercial real estate | |
| 1,919,041 | | |
| 18,990 | | |
| 28,426 | | |
| 239 | | |
| 1,966,696 | |
| Commercial construction | |
| 326,697 | | |
| 662 | | |
| 1,479 | | |
| - | | |
| 328,838 | |
| Residential real estate | |
| 229,426 | | |
| - | | |
| 4,264 | | |
| - | | |
| 233,690 | |
| Consumer | |
| 2,368 | | |
| - | | |
| 86 | | |
| - | | |
| 2,454 | |
| Total loans | |
$ | 2,939,890 | | |
$ | 31,412 | | |
$ | 130,253 | | |
$ | 239 | | |
$ | 3,101,794 | |
|
| Impaired Financing Receivables [Table Text Block] |
The following table provides an analysis
of the impaired loans by segment at December 31, 2016, 2015 and 2014:
| | |
December 31, 2016 | |
| | |
(dollars in thousands) | |
| No Related Allowance Recorded | |
Recorded
Investment | | |
Unpaid
Principal Balance | | |
Related
Allowance | | |
Average
Recorded Investment | | |
Interest
Income Recognized | |
| Commercial | |
$ | 3,637 | | |
$ | 4,063 | | |
$ | | | |
$ | 4,052 | | |
$ | 64 | |
| Commercial real estate | |
| 18,288 | | |
| 18,288 | | |
| | | |
| 18,532 | | |
| 250 | |
| Commercial construction | |
| 5,909 | | |
| 5,909 | | |
| | | |
| 5,308 | | |
| 79 | |
| Residential real estate | |
| 1,851 | | |
| 2,055 | | |
| | | |
| 1,908 | | |
| 19 | |
| Consumer | |
| 62 | | |
| 62 | | |
| | | |
| 72 | | |
| 4 | |
| Total | |
$ | 29,747 | | |
$ | 30,377 | | |
$ | | | |
$ | 29,872 | | |
$ | 416 | |
| With An Allowance Recorded | |
| | |
| | |
| | |
| | |
| |
| Commercial
real estate | |
$ | 1,244 | | |
$ | 1,244 | | |
$ | 145 | | |
$ | 1,274 | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Total | |
| | | |
| | | |
| | | |
| | | |
| | |
| Commercial | |
$ | 3,637 | | |
$ | 4,063 | | |
$ | - | | |
$ | 4,052 | | |
$ | 64 | |
| Commercial real estate | |
| 19,532 | | |
| 19,532 | | |
| 145 | | |
| 19,806 | | |
| 250 | |
| Commercial construction | |
| 5,909 | | |
| 5,909 | | |
| - | | |
| 5,308 | | |
| 79 | |
| Residential real estate | |
| 1,851 | | |
| 2,055 | | |
| - | | |
| 1,908 | | |
| 19 | |
| Consumer | |
| 62 | | |
| 62 | | |
| - | | |
| 72 | | |
| 4 | |
Total (including related allowance) | |
$ | 30,991 | | |
$ | 31,621 | | |
$ | 145 | | |
$ | 31,146 | | |
$ | 416 | |
| | |
December 31, 2015 | |
| | |
(dollars in thousands) | |
| No Related Allowance Recorded | |
Recorded
Investment | | |
Unpaid
Principal Balance | | |
Related
Allowance | | |
Average
Recorded Investment | | |
Interest
Income Recognized | |
| Commercial | |
$ | 610 | | |
$ | 645 | | |
| | | |
$ | 686 | | |
$ | - | |
| Commercial real estate | |
| 15,517 | | |
| 16,512 | | |
| | | |
| 6,363 | | |
| 60 | |
| Commercial construction | |
| 2,149 | | |
| 2,141 | | |
| | | |
| 1,535 | | |
| - | |
| Residential real estate | |
| 3,954 | | |
| 4,329 | | |
| | | |
| 3,322 | | |
| 10 | |
| Consumer | |
| 87 | | |
| 86 | | |
| | | |
| 96 | | |
| 5 | |
| Total | |
$ | 22,317 | | |
$ | 23,713 | | |
| | | |
$ | 12,002 | | |
$ | 75 | |
| With An Allowance Recorded | |
| | |
| | |
| | |
| | |
| |
| Commercial | |
$ | 84,787 | | |
$ | 84,449 | | |
$ | 6,725 | | |
$ | 55,445 | | |
$ | 1,895 | |
| Total | |
| | | |
| | | |
| | | |
| | | |
| | |
| Commercial | |
$ | 85,397 | | |
$ | 85,094 | | |
$ | 6,725 | | |
$ | 56,131 | | |
$ | 1,895 | |
| Commercial real estate | |
| 15,517 | | |
| 16,512 | | |
| - | | |
| 6,363 | | |
| 60 | |
| Commercial construction | |
| 2,149 | | |
| 2,141 | | |
| - | | |
| 1,535 | | |
| | |
| Residential real estate | |
| 3,954 | | |
| 4,329 | | |
| - | | |
| 3,322 | | |
| 10 | |
| Consumer | |
| 87 | | |
| 86 | | |
| - | | |
| 96 | | |
| 5 | |
| Total | |
$ | 107,104 | | |
$ | 108,162 | | |
$ | 6,725 | | |
$ | 67,447 | | |
$ | 1,970 | |
| | |
December 31, 2014 | |
| | |
(dollars in thousands) | |
| No Related Allowance Recorded | |
Recorded Investment | | |
Unpaid Principal Balance | | |
Related Allowance | | |
Average Recorded Investment | | |
Interest Income Recognized | |
| Commercial | |
$ | 481 | | |
$ | 527 | | |
| | | |
$ | 494 | | |
$ | - | |
| Commercial real estate | |
| 5,890 | | |
| 6,857 | | |
| | | |
| 6,276 | | |
| 129 | |
| Residential real estate | |
| 3,072 | | |
| 3,406 | | |
| | | |
| 3,170 | | |
| 41 | |
| Consumer | |
| 109 | | |
| 101 | | |
| | | |
| 107 | | |
| - | |
| Total | |
$ | 9,552 | | |
$ | 10,891 | | |
| | | |
$ | 10,047 | | |
$ | 170 | |
| With An Allowance Recorded | |
| | |
| | |
| | |
| | |
| |
| Commercial | |
$ | 387 | | |
$ | 389 | | |
$ | 111 | | |
$ | 389 | | |
$ | - | |
| Commercial real estate | |
| 3,520 | | |
| 3,520 | | |
| 150 | | |
| 3,584 | | |
| 171 | |
| Total | |
$ | 3,907 | | |
$ | 3,909 | | |
$ | 261 | | |
$ | 3,973 | | |
$ | 171 | |
| Total | |
| | | |
| | | |
| | | |
| | | |
| | |
| Commercial | |
$ | 868 | | |
$ | 917 | | |
$ | 111 | | |
$ | 883 | | |
$ | - | |
| Commercial real estate | |
| 9,410 | | |
| 10,107 | | |
| 150 | | |
| 9,860 | | |
| 300 | |
| Residential real estate | |
| 3,072 | | |
| 3,406 | | |
| - | | |
| 3,170 | | |
| 41 | |
| Consumer | |
| 109 | | |
| 101 | | |
| - | | |
| 106 | | |
| - | |
| Total | |
$ | 13,459 | | |
$ | 14,531 | | |
$ | 261 | | |
$ | 14,019 | | |
$ | 341 | |
|
| Past Due Financing Receivables [Table Text Block] |
The following table provides an
analysis of the aging of the loans by segment, excluding net deferred fees that are past due at December 31, 2016 and December
31, 2015 by class:
Aging Analysis:
| | |
December 31, 2016 | |
| | |
30-59 Days Past Due | | |
60-89 Days Past Due | | |
90 Days or Greater Past Due and Still Accruing | | |
Nonaccrual | | |
Total Past Due and Nonaccrual | | |
Current | | |
Total Loans Receivable | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| 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 | |
| |
|
December
31, 2015 |
|
| |
|
30-59 Days Past Due |
|
|
60-89 Days Past Due |
|
|
90 Days
or Greater Past Due and Still Accruing |
|
|
Nonaccrual |
|
|
Total
Past Due and Nonaccrual |
|
|
Current |
|
|
Total
Loans Receivable |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial |
|
$ |
6,178 |
|
|
$ |
3,505 |
|
|
$ |
- |
|
|
$ |
6,586 |
|
|
$ |
16,269 |
|
|
$ |
553,847 |
|
|
$ |
570,116 |
|
| Commercial real estate |
|
|
1,998 |
|
|
|
988 |
|
|
|
- |
|
|
|
9,112 |
|
|
|
12,098 |
|
|
|
1,954,598 |
|
|
|
1,966,696 |
|
| Commercial construction |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,479 |
|
|
|
1,479 |
|
|
|
327,359 |
|
|
|
328,838 |
|
| Residential real estate |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
3,559 |
|
|
|
3,559 |
|
|
|
230,131 |
|
|
|
233,690 |
|
| Consumer |
|
|
4 |
|
|
|
9 |
|
|
|
- |
|
|
|
- |
|
|
|
13 |
|
|
|
2,441 |
|
|
|
2,454 |
|
| Total |
|
$ |
8,180 |
|
|
$ |
4,502 |
|
|
$ |
- |
|
|
$ |
20,736 |
|
|
$ |
33,418 |
|
|
$ |
3,068,376 |
|
|
|
3,101,794 |
|
|
| 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 and lease losses that are allocated
to each loan portfolio segment:
| | |
December 31,
2016 | |
| | |
Commercial | | |
Commercial
real estate | | |
Commercial
construction | | |
Residential
real estate | | |
Consumer | | |
Unallocated | | |
Total | |
| | |
(in thousands) | |
| Allowance for loan and lease losses | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 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 | |
$ | 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 | |
$ | 553,576 | | |
$ | 2,204,710 | | |
$ | 486,228 | | |
$ | 232,547 | | |
$ | 2,380 | | |
| | | |
$ | 3,479,441 | |
| | |
December 31, 2015 | |
| | |
Commercial | | |
Commercial real estate | | |
Commercial construction | | |
Residential real estate | | |
Consumer | | |
Unallocated | | |
Total | |
| | |
(in thousands) | |
| Allowance for loan and lease losses | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Individually evaluated for impairment | |
$ | 6,725 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 6,725 | |
| Collectively evaluated for impairment | |
| 4,224 | | |
| 10,926 | | |
| 3,253 | | |
| 976 | | |
| 4 | | |
| 464 | | |
| 19,847 | |
| Acquired portfolio | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Acquired with deteriorated credit quality | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Total | |
$ | 10,949 | | |
$ | 10,926 | | |
$ | 3,253 | | |
$ | 976 | | |
$ | 4 | | |
$ | 464 | | |
$ | 26,572 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Gross loans | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Individually evaluated for impairment | |
$ | 85,397 | | |
$ | 15,517 | | |
$ | 2,149 | | |
$ | 3,954 | | |
$ | 87 | | |
| | | |
$ | 107,104 | |
| Collectively evaluated for impairment | |
| 395,424 | | |
| 1,269,140 | | |
| 315,785 | | |
| 136,633 | | |
| 1,649 | | |
| | | |
| 2,118,631 | |
| Acquired portfolio | |
| 82,217 | | |
| 680,264 | | |
| 10,904 | | |
| 92,775 | | |
| 718 | | |
| | | |
| 866,878 | |
| Acquired with deteriorated credit quality | |
| 7,078 | | |
| 1,775 | | |
| - | | |
| 328 | | |
| - | | |
| | | |
| 9,181 | |
| Total | |
$ | 570,116 | | |
$ | 1,966,696 | | |
$ | 328,838 | | |
$ | 233,690 | | |
$ | 2,454 | | |
| | | |
$ | 3,101,794 | |
|
| Allowance for Credit Losses on Financing Receivables [Table Text Block] |
A summary of the activity in the allowance for
loan and lease losses is as follows:
| |
|
Year Ended December 31, 2016 |
|
| |
|
(dollars in thousands) |
|
| |
|
Commercial |
|
Commercial
real estate |
|
Commercial
construction |
|
Residential
real estate |
|
Consumer |
|
Unallocated |
|
Total |
|
| Balance at January 1, 2016 |
|
$ |
10,949 |
|
$ |
10,926 |
|
$ |
3,253 |
|
$ |
976 |
|
$ |
4 |
|
$ |
464 |
|
$ |
26,572 |
|
| Loan charge-offs |
|
|
(39,343) |
|
|
(107) |
|
|
- |
|
|
(94) |
|
|
(29) |
|
|
- |
|
|
(39,573) |
|
| Recoveries |
|
|
4 |
|
|
35 |
|
|
- |
|
|
3 |
|
|
3 |
|
|
- |
|
|
45 |
|
| Provision for loan and lease losses |
|
|
35,022 |
|
|
1,729 |
|
|
1,536 |
|
|
73 |
|
|
25 |
|
|
315 |
|
|
38,700 |
|
| Balance at December 31, 2016 |
|
$ |
6,632 |
|
$ |
12,583 |
|
$ |
4,789 |
|
$ |
958 |
|
$ |
3 |
|
$ |
779 |
|
$ |
25,744 |
|
| |
|
Year Ended December 31, 2015 |
|
| |
|
(dollars in thousands) |
|
| |
|
Commercial |
|
Commercial
real estate |
|
Commercial
construction |
|
Residential
real estate |
|
Consumer |
|
Unallocated |
|
Total |
|
| Balance at January 1, 2015 |
|
$ |
3,083 |
|
$ |
7,799 |
|
$ |
1,239 |
|
$ |
1,113 |
|
$ |
7 |
|
$ |
919 |
|
$ |
14,160 |
|
| Loans charge-offs |
|
|
(101) |
|
|
(406) |
|
|
- |
|
|
- |
|
|
(31) |
|
|
- |
|
|
(538) |
|
| Recoveries |
|
|
13 |
|
|
327 |
|
|
- |
|
|
2 |
|
|
3 |
|
|
- |
|
|
345 |
|
| Provision for loan and lease losses |
|
|
7,954 |
|
|
3,206 |
|
|
2,014 |
|
|
(139) |
|
|
25 |
|
|
(455) |
|
|
12,605 |
|
| Balance at December 31, 2015 |
|
$ |
10,949 |
|
$ |
10,926 |
|
$ |
3,253 |
|
$ |
976 |
|
$ |
4 |
|
$ |
464 |
|
$ |
26,572 |
|
| |
|
Year Ended December 31, 2014 |
|
| |
|
(dollars in thousands) |
|
| |
|
Commercial |
|
Commercial
real estate |
|
Commercial
construction |
|
Residential
real estate |
|
Consumer |
|
Unallocated |
|
Total |
|
| Balance at January 1, 2014 |
|
$ |
1,698 |
|
$ |
5,746 |
|
$ |
362 |
|
$ |
990 |
|
$ |
146 |
|
$ |
1,391 |
|
$ |
10,333 |
|
| Loans charge-off |
|
|
(379) |
|
|
(398) |
|
|
- |
|
|
(159) |
|
|
- |
|
|
- |
|
|
(936) |
|
| Recoveries |
|
|
50 |
|
|
- |
|
|
- |
|
|
19 |
|
|
11 |
|
|
- |
|
|
80 |
|
| Provision for loan and lease losses |
|
|
1,714 |
|
|
2,451 |
|
|
877 |
|
|
263 |
|
|
(150) |
|
|
(472) |
|
|
4,683 |
|
| Balance at December 31, 2014 |
|
$ |
3,083 |
|
$ |
7,799 |
|
$ |
1,239 |
|
$ |
1,113 |
|
$ |
7 |
|
$ |
919 |
|
$ |
14,160 |
|
|
| Allowance for Loan and Lease Losses [Table Text Block] |
|
|
December
31, 2016 |
|
December
31, 2015 |
|
|
Recorded |
|
|
|
|
Recorded |
|
|
|
|
|
Investment |
|
ALLL |
|
Investment |
|
ALLL |
| Troubled
debt restructurings |
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning
balance |
|
$ |
86,629 |
|
$ |
4,500 |
|
$ |
2,788 |
|
$ |
- |
| Additions |
|
|
26,325 |
|
|
8,250 |
|
|
84,290 |
|
|
4,500 |
| Payoffs/paydowns |
|
|
(2,616) |
|
|
|
|
|
(449) |
|
|
|
| Transfers |
|
|
(96,520) |
|
|
- |
|
|
|
|
|
- |
| Other |
|
|
- |
|
|
(12,750) |
|
|
- |
|
|
- |
| Ending
balance |
|
$ |
13,818 |
|
$ |
- |
|
$ |
86,629 |
|
$ |
4,500 |
|
| Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block] |
The following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December 31, 2016
(dollars in thousands):
|
|
|
|
Pre-Modification |
|
Post-Modification |
|
|
|
|
Outstanding |
|
Outstanding |
|
|
Number
of |
|
Recorded |
|
Recorded |
|
|
Loans |
|
Investment |
|
Investment |
| Troubled
debt restructurings: |
|
|
|
|
|
|
|
|
| Commercial |
|
19 |
|
$ |
22,420 |
|
$ |
22,420 |
| Commercial
real estate |
|
3 |
|
|
2,155 |
|
|
2,155 |
| Commercial
construction |
|
1 |
|
|
1,750 |
|
|
1,750 |
| Residential
real estate |
|
- |
|
|
- |
|
|
- |
| Consumer |
|
- |
|
|
- |
|
|
- |
| |
| Total |
|
23 |
|
$ |
26,325 |
|
$ |
26,325 |
The following table presents loans by segment
modified as troubled debt restructurings that occurred during the year ended December 31, 2015 (dollars in thousands):
|
|
|
|
Pre-Modification |
|
Post-Modification |
|
|
|
|
Outstanding |
|
Outstanding |
|
|
Number
of |
|
Recorded |
|
Recorded |
|
|
Loans |
|
Investment |
|
Investment |
| Troubled
debt restructurings: |
|
|
|
|
|
|
|
|
| Commercial |
|
48 |
|
$ |
78,466 |
|
$ |
78,466 |
| Commercial
real estate |
|
3 |
|
|
5,049 |
|
|
5,049 |
| Commercial
construction |
|
1 |
|
|
661 |
|
|
661 |
| Residential
real estate |
|
1 |
|
|
110 |
|
|
110 |
| Consumer |
|
1 |
|
|
4 |
|
|
4 |
| |
| Total |
|
54 |
|
$ |
84,290 |
|
$ |
84,290 |
The
following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December
31, 2014 (dollars in thousands):
|
|
|
|
Pre-Modification |
|
Post-Modification |
|
|
|
|
Outstanding |
|
Outstanding |
|
|
Number
of |
|
Recorded |
|
Recorded |
|
|
Loans |
|
Investment |
|
Investment |
| Troubled
debt restructurings: |
|
|
|
|
|
|
|
|
| Commercial |
|
1 |
|
$ |
672 |
|
$ |
289 |
| Commercial
real estate |
|
- |
|
|
- |
|
|
- |
| Commercial
construction |
|
- |
|
|
- |
|
|
- |
| Residential
real estate |
|
2 |
|
|
275 |
|
|
272 |
| |
| Total |
|
3 |
|
$ |
947 |
|
$ |
561 |
|